Tguan has very decent gross margin of 17% in Q3. LLDPE price has so far "crashed" lower in Q4 which should propel the gross margin even higher in Q4. The revenue has increased substaintially in Q3 eventhough the selling price could be lower (saving pass-through which should yield lower revenue if volume stay flat), obviously this is not the case here.

Conclusion: Higher tonnage volumr sold + hugher gross margin + weak ringgit = better profit ahead.

my guestimate

LLDPE crashed

If the JV workout, EG only enjoy 49%

That will likely only happend towards end of FY 2020 from Quanta (higher volume for HP and western digital). I'm conservative for coming result.

6.3 mil is too optimistic, should be in the range of 4 mil +/- unless forex hit again

EG could be a successful turn around story. Successful turn around may drive EG above 90 sen per share. Looking forward to it. cheers!

RM 1.50

Trade Receiveable & Other Receiveable further inflated RM 30 million in Q3 2019 vs Q2 2019. If anyone no exercise caution and speculate, better be prepared for any untowards event such as "impairment". Hope this is not horror party. Good luck!!!

RM 1.50

RM 1.50

RM 1.50

Objectively, this is work place OHS issue. Can be serious issue and complicated the operation of other platforms. After all, fire break out and injury reported just recently. Now is another issue.

Investor should exercise caution. Determine your own risk level.

I'm long on bumi armada.

today want challenge RM 1.80

LC titan and tguan fall into same supply demand chain.

LC titan has done more compared to Tguan

Tguan need to change product mix and business model

qqq3, learn to be yourself, you can be somebody without need to plp. cheers!

7210 and pampers, we hold frontken for so long..is good to have buddy like you two..cheers!

QL pe 50×

you are my boss

Icon sifu, do you think 60 sen is a reasonable target?

if you check my portfolio, 2/5 performed. which is very low at 40%. A pretty bad combination

3 nm coming in year 2020

target 2.20

new high

Negative Revenue is due to over-provide revenue in previous quarters, right? It made no sense to me the Negative-Revenue is due to cost recognition 1st and revenue later. If so, It will be operating loss, rather than negative revenue. Am i right?

When the market works against me, i only have 2 routes. 1st, hold on to it. 2nd, cut loss. I do not simply average down but surely i prefer to avverage up. Either choice, is part of the investment discipline. I do not stuck in between the choices. Once decision made, move on. I do not allow the market control my decision.

When market work against me, a 3 months down trendinng period may give me a feeling of 3 years very lengthy torturing. If this happened to me, market is controlling my decision.

Beware of this!!! because the market may collapse you, eventhough the share price is not collapsing.

Move a step back, clear your mind.

you are stuck in yourself.

Do not forget the basic of investing when market works against you!!!

weaker USD gives higher amount of sales but at the same time the cost of resin will increase, and vice versa

Next quarter should be even better amid a full recovery. Will update after the end of earning season report. Cheers!

if operating income is ugly for 1 particular quarter, can DTA to magic a little. That's the purpose of magic. For AAX, Q3 was already a very ugly quarter due to impairment, the DTA no helping at all. But Q4 is operating Profitable quarter, the DT pull it into red. Tony do not like green quarter?

Ximon, may i ask the sudden huge surge on deferred tax liability is related to their intention to sell the 5 planes? Since the planes are to be sold, therefore they expense it off? Many thanks

Duit-gor, what goes around, comes around. Trust the god!

AAX is broke 10 years down the road? No capability to give special dividend after the leasing arm and business establish. Are you sure?

Anyway, i know you are one of the can't-deal-with forummer in Airasia chat room. I rest my case.

And i am very concerned that u relate mh 370 airplanes lost to the maintainance team. You know what is 祸从口出?

good luck to you!!!

"aax is not current airasia", u read?

I dont expect any specific devidend if current 5 planes sold. Do u expect that?

they have not sell any plane yet, not even the current 5 planes. Specify your time frame. Then u get specific answer.

AAX is at the bottom now. Another bad year will not harm the share price i think. Airasia is at top now, 1 bad quarter can cause serious damage to investors.

Risk / Reward ratio is my priority too when investing a share.

1) SIA, Qantas, cathay are target, not competitors.
2) airasia PE 3.54, plane sales done deal are known facts. Do you expect how fast it share price can jump 100% from now?
3) the route transfer talk started in february and approval took about 6 to 8 months. looks like aax is benefited because it registered operating profit in Q4 18 and total q4 core earning stook above + rm 40 mil even under 89 high fuel price low hedge and lower airfare in Q4.
4) if you can't see through a problem, leave it to god or continue work hard to see through it.
5) dont expect dividend, dont know why you expect a dividend in the 1st place. aax is potentially future airasia. not current airasia. plane sold help to cut all debts and it save interest. A330-900 neo is coming. AAX is ready to fly long haul on top of mid haul.
6) very difficult to cure is because of one's imagination. Not the fighter mentality la.
7) 49% is low shareholding (tuneprotect,airasia,tony,km). Free float share of aax is about 51% Not sure how much shareholding is consider high to you.
8) airasia n aax share same maintainance team la...u dare to fly airasia?
11) compare to airasia, you are right.

i will wait for dust settle down after market priced in Q4 2018 result. Wait for low volatility.

Below articles clearly set up the AAX fleet size and going forward.

https://centreforaviation.com/analysis/reports/asia-lcc-widebody-fleet-airasia-x-will-triple-in-size-in-10-years-429428

one significant impact given by the new A330-900 neo is that it can reach much longer distance.

A much longer distance may translate into much higher airfare. Longer distance also encourage higher ancillary income on board (from meal to entertaiment).

The prospect of AAX is simply there. Just waiting for good timing to jump in.

AAX - 2019 IS A STEP CLOSER TO THE BIG FAT MEAT? - YiStock

https://klse.i3investor.com/blogs/aax/194707.jsp

i have all the data that may be able to justify tony's word. I will write an article to detail out with data to support his word tomorrow after i land in malaysia.

2019 will be a good year for AAX & Airasia. I look forward substantial capital gain for both companies. Cheers!

i said wait for result out to verify data. And i spotted very serious error in their reporting. i will call up their IR to find out why such error can happened.

birkincollector alamak...see what yistock gonna says lol
21/02/2019 17:39

i am waiting for Q4 2018 result to verify some data. If valid, i will post an article to detail out all numbers in airasia X. cheers!

2018 Q4 could be a pivot point for AAX.

i supposed most stocks in bursa is experiencing same ride

powerful singapore segment. Bravo !!!

KLCI king, thanks for good wishes.

PotentialGhost, market always irrational

Abang misai, I have Tguan exposure already. SLP is good too. Consumer packaging command higher premium