The........ :)

TQVM for your civility too

And admire your courage to plant yourself here in the enemy camp ; )

Not moving... possibly people are waiting for Yellen...

Will the FED increase interest rate this JUN?? Not likely...

hanting999 Mark my words; This is NOT a done deal. OSK (or OLH) should be fair to all; and SC and Bursa should ensure that this is so.

Marked..... let's see ok... no hard feeling

Wah you are sure more greedy than me lo

At 50+... the potential up in PBT would be a cool 1,000,000,000.......... 1 billion o

Huat liao!!!

No need to wait for the EGM... The minute SC approved.. this would be a done deal

SinGor would be a very typical OSK shareholder... the outcome of the EGM is almost certain to be in OLH's favor

In fact I would say... even now this is a done deal already

If thete is no over valuation of his personal assets to be injected into OSK... then this would be a done deal


Complain as you like..... but think in today's disclosure based regime... it is not likely SC will interfere on the offer price



Posted by r°Moi > Mar 8, 2015 11:02 AM | Report Abuse X

I think.. the most SC can help the minorities of OSKP and PJD is to impose a condition asking OLH to disclose the most current valuation of OSKPs and PJDs properties... SC is unlikely to interfere beyond this

In a related party transaction involving injection of directors/shareholders personal assets SC would be more mindfull of over valuation... that is not the case here

If thete is no over valuation of his personal assets to be injected into OSK... then this would be a done deal


Complain as you like..... but think in today's disclosure based regime... it is not likely SC will interfere on the offer price



Posted by r°Moi > Mar 8, 2015 11:02 AM | Report Abuse X

I think.. the most SC can help the minorities of OSKP and PJD is to impose a condition asking OLH to disclose the most current valuation of OSKPs and PJDs properties... SC is unlikely to interfere beyond this

In a related party transaction involving injection of directors/shareholders personal assets SC would be more mindfull of over valuation... that is not the case here

AirAsia has dropped about 13% upon the release of its Q414 result..

I am in.. for the low oil prices play


And.... the low prices play would look something like this...



According to results.... Aircraft fuel expenses

2013: 2,212,199,000
2014: 2,254,237,000

Say, fuel consumption remains more or less the same and say, the average jet fuel price for..

2014 = 105
2015 = 65 (assume just 38% drop)

Low oil prices play means for 2015 the jet fuel cost would be cheaper by and the PBT will be more by 858,000,000 (2,254,237,000 × 38%) roughly.... roughly.... before say 58,000,000 for the effect of removal of fuel surcharge



You go calculate yourself how much that is in term of EPS.... and use a PE of 9x to see how much this low oil prices play will push up AirAsias price

HaHaHa..... just want to see what the minorities in the other sides are made of

Well.... apparently of not much conviction in their fight at all... when the going gets tough all gone already.. that is why the prices of OSKP and PJD have dropped to below the offer prices

°

Now than ever before what OLH has cooked up maybe be having a problem with SC

With OSKP at around 1.90 and PJD at around 1.49 now.. vs the offer price at 2.00 and 1.60... OLH may well be held guilty of injecting directors/shareholders personal assets into OSK at over valuation

SC may just instruct OLH to reduce the offer price to 1.90 and 1.50

HaHaHa...... And the minorities will cry again... louder.. Where got justice!! Where got justice!! Where got justice!! Oh lord Where got justice!!




This is not a merger... it is a related party transaction involving injection of directors/shareholders ie OLH's personal assets into OSK


In a related party transaction involving injection of directors/shareholders personal assets SC would be more mindful of over valuation...

Now than ever before what OLH has cooked up maybe be having a problem with SC

With OSKP at around 1.90 and PJD at around 1.49 now.. vs the offer price at 2.00 and 1.60... OLH may well be held guilty of injecting directors/shareholders personal assets into OSK at over valuation

SC may just instruct OLH to reduce the offer price to 1.90 and 1.50

HaHaHa...... And the minorities will cry again... louder.. Where got justice!! Where got justice!! Where got justice!! Oh lord Where got justice!!




This is not a merger... it is a related party transaction involving injection of directors/shareholders ie OLH's personal assets into OSK


In a related party transaction involving injection of directors/shareholders personal assets SC would be more mindful of over valuation...

Now than ever before what OLH has cooked up maybe be having a problem with SC

With OSKP at around 1.90 and PJD at around 1.49 now.. vs the offer price at 2.00 and 1.60... OLH may well be held guilty of injecting directors/shareholders personal assets into OSK at over valuation

SC may just instruct OLH to reduce the offer price to 1.90 and 1.50

HaHaHa...... And the minorities over there will cry again... louder.. Where got justice!! Where got justice!! Where got justice!! Oh lord Where got justice!!




In a related party transaction involving injection of directors/shareholders personal assets SC would be more mindful of over valuation...




Posted by r°Moi > Mar 8, 2015 11:02 AM | Report Abuse X

I think.. the most SC can help the minorities of OSKP and PJD is to impose a condition asking OLH to disclose the most current valuation of OSKPs and PJDs properties... SC is unlikely to interfere beyond this

In a related party transaction involving injection of directors/shareholders personal assets SC would be more mindfull of over valuation... that is not the case here

If AirAsias price drops further I will surely add more....

Yes thank goodness to the forex loss thank goodness to Wellingtons sellings.. that we get to buy at low price now

I am in for the low oil prices play... and believe me at this price the odd is worth it.... worth it !

HaHa

Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz

She said the main contributing factors to the ringgit’s performance, which was its weakest in six years, were external developments from different monetary policy changes that are occurring, as well as the drop in Brent crude oil prices that had fallen by 50% from June last year to US$57 (RM211) per barrel currently.

On whether the ringgit’s weakening is a cause for concern for businesses, the governor said it is vital for foreign exchange exposures to be managed now.
“That is why we have liberalised our [foreign] exchange administration rules … now businesses can hold foreign exchange accounts, engage in hedging activities that are not limited to a certain amount or time period, and therefore with all these flexibilities and information that they have they (the businesses) need to be well positioned to manage foreign exchange exposures,” she said


manage foreign exchange exposures... Listen to Zeti.. Tony

IPO for AirAsia Indon ON

http://www.theedgemarkets.com/en/article/airasia-considering-ipo-indonesia-unit-undeterred-crash

AirAsia's airline operation is established.. matured.. as such..dependable and profit is always assured even if left on auto pilot

Tony should focus on the hedging of USD and oil price ler.. if done right.. then AirAsia can fly..

Really really fly

Tested by a DOW's -300 point blow and standing...

Ya... last year got 600+ millions forex loss or not??

Armada has not made an announcement on Nigeria... Nigeria... Nigeria...

Maybe impact not big..... God bless

Maybe impact too big..... Got to take some time to assess....

2.20... 2.00...

Greek and greed are all going done the drain

Mind to share why have this thinking? ??

Ya... threatening to be so... buy slowly.... not a good idea to queue

Still have bullet... when it go there... I will be there

Ya... AirAsia has done a lousy job managing its forex risk exposure. Being hit by something which was long anticipated and manageable. F-

Good thing about this is its price is now at a bargain ler... Wellington believes so

US:RM 3.70 now... effect of short term foreign funds leaving or Malaysia economic wise is screwed liao??

The anticipation of RM weakening in the near future may have prompted some foreign funds selling

But rest assured, the minute RM appears to be stabilising... they will be back... back with a vengeance

RM will strengthern when oil prices strengthern later... before that I of course would expect AirAsia to have hedged the low oil prices kau kau

This is like hitting the seldom tracked 750 d SMA liao... add for low oil price play

on the other hand, the weak RM will enhance profit margin


And... since purchases in foreign currency.. this won't happen

If all from trade Q414 will be typical and recurring...

1st off

forex denominated trade payables (impact on balance sheets).... wouldn't this be coming from forex purchases as such hitting the income statement???


And since from forex purchases won't this normal state of affair and will be continuing?

If that contradiction can be explained... will help to restore confidence ler

I know Q414 RM has already weaken cos AirAsia has been turned upside down by forex loss.. hit kau kau in Q414 ler

Same as you I have put in money in AirAsia due to low oil prices though

beneficiary of strong US dollars

is a beneficiary of weak Ringgit.

forex loss of RM4.4 mil


What is wrong with this picture?


This is contradictory isn't it???

In Q414 RM has already weaken ler

Anyway at 2.08... how much do you think of the many Goodies has been factored in at 2.08??

Thankless job

Here buy expensive : ( There buy expensive ; )

Here buy cheap : ) There buy cheap : (

HaHa

When minorities over here ; ) Minorities over there : (

When minorities over there ; ) Minorities over here : (

OLH the IB is wired that way... he just can't help it

And.... In his eyes all these 3 are his ones... ask him... you think all these belong to your grandfather ah can do anything you like and he will say yes

Complain as you like..... but think in today's disclosure based regime... it is not likely SC will interfere on the offer price


Maybe OLH has cooked this thing for a bit too long..... in the process raising hopes ... now shattering hopes

With OSKP and PJD now dropping to below 2 and 1.60 respectively... I don't know how the offer-price-is-too-low complains are going to stick...

The ratios based on market price and based fair value are they very far off each other now???

Remember... for exchange OLH has undervalued OSK too

I think.. the most SC can help the minorities of OSKP and PJD is to impose a condition asking OLH to disclose the most current valuation of OSKPs and PJDs properties... SC is unlikely to interfere beyond this

In a related party transaction involving injection of directors/shareholders personal assets SC would be more mindfull of over valuation... that is not the case here

Errrrr.... 1 question: At 2.08... how much do you think of the free warrant and 15 sen dividend has been factored in at 2.08??

This kind of shit will invariably hit the revenue, trade receivables, value in use and cash flow.... negatively. And.. in Armada you are always dealing with big numbers big big numbers..

When one plane out of its 100 odd stopped contributing.... MAS was shaken and stirred to its very core. Two brought it to its knees

When one FPSO out of its so many less so so many less stopped contributing.... will Armada be shaken and stirred to its very core? Will two bring it to its knees?

But... good la else no chance to buy at low price

Just hope AirAsia will do a better job with the low oil price

Went on a USD binge in the years when FED was doing the QEs was ok in fact smart

But why no plan no preparation for the reverse... when it was already long known when that FED stops the QEs USD will strengthen... Hell even TKO knew to take on a 1.4b bet against the RM : )

And....the consequence of this lack of preparation came fast and furious... just the next couple of months when the music stopped AirAsia has been hit to the tune of 600+ millions

Forex risk management... F-

HaHa.... looking at its forex gain/loss figures... cant blame you for thinking its whole airline operation is its ancillary operation

Doing forex and oil is the main...