Radzi, it is now 4.183

Rising USD is never good for AAX BOTTOM line as can be seen from past quarterly reports

let it be a cushion for any negative impact for low average ticket price

4.192 , keep it up !

We may again see currency gain in Q3

USD movement turns out to be moving in the direction of Radzi's take as the petoldollar is coming to an end

USD continues its slide as the petrol dollar us being challenged by RMB

the ceo had mentioned that market share is the chief objective for them for the time being

how different will Q3 be different from Q2 with regard to average fare per passenger? think about it

legolandinjohor AirAsia poor report was released and suspended for afternoon session
29/08/2017 14:27

AA results is not poor at all , improving operating profit , reason for the lower profit being reported is the deferred tax liability which is one off

http://www.theedgemarkets.com/article/airasias-2q-revenue-grows-465-rm2378-bil

of course, that will mean little fireworks should be expected of AAX in the near term

perhaps AAX current priority is market share, and profit maximisation takes a back seat , so as to induce a favourable landscape for their fleet expansion in coming years

IronShirt one billion revenue generate only 0.36% net profit (Hype-market biz also need 2.5-3% to support
bottom line ) You think price can go up next week or not.
25/08/2017 17:26


Maybe this is what concerns the investors most

when currency loss brings down profit, market sees AAX negatively, but when currency gain brings up the profit, the market does not seem to view it positively. Not fair?

/08/2017 01:35

sitia AAX : Pro: Good profits this quarter
Con: Does not attract much buyers

no good profit lah, you see

The 'good' profit comes from gain in foreign exchange, something which will not be seen again in Q3, if low fare price issue is not resolved , you wont see much fireworks in Q3 either.

Q4 and Q1 are the 2 seasons whereby airlines can fetch higher fares because of festivities, and that't Y Q2 and Q3 are seen as weak Q's

make this forum fruitful for everyone, after all we are here to make money, not enemies

Engineer or no engineer is not much an issue, time will tell whether Radzi is right with his call in AAX. This is an open forum, everyone is free to express his/her opinion,

We are capable of making our own investment decisions don't we ? If any one of us makes a wrong decisions based on opinion from others, we are still responsible, isn't it? It is still our own action. Making this forum a battlefield will not make good for the wrong decisions made

What Radzi gave is only his OPINION based on his own calculation, it is up to the viewers to judge whether to base their investment decisions based on the calculation.If you do not agree to the calculations, just ignore them. We are responsible for our own action, after all we are matured individuals right?

nope, salute you

Radzi, thanks for your input. What about calculating the average fare on per seat kilometer basis, i think this will make more meaningful comparison.

but, the selling price of air tickets in Q2 is not as good as that in Q1