Lol Maybank estimated 360m core profit, TP 3.75. What is their TP since now profit almost 600m

Employee should be rewarded, because they sing and dance on the plane to save marketing cost for the company. LOL

Who think AA down profit less 30% is negative can sell at 3.00 tomorrow morning I will buy. 0.18 Q1, estimated EPS full year 0.7. PE 7 x EPS 0.7 = TP 4.90

who is the one ask people guess between 300-500m?

If you see analysis tell you they dont know how to account for deferred tax asset/liability, it means the analysis is half bowl water.

The unrealized forex gain/loss on long term USD debt is calculated based the closing date for every quarter. It will be depend on the exchange rate on Dec'16 and Mar'17 if RM turn weaker on the last day of Mar'17 compare to Dec'16 then its a loss, and vice versa. So every quarter it can change position. Another thing need to consider is the hedging, the hedging can be reported separately or offset the unrealized forex gain/loss based on accounting rule which is very complicated for lay man. I remember AA report separately.

Funny, I dont need to look at the QTR also know what will happened. Unrealized Foreign exchange loss, but covered by FV gain on currency Hedging, Fuel per barrel USD65-70 same range as last quarter. Ancillary income increase. Whole operating profit wont have much problem, just abit there on unrealised forex, which will be recovered in next quarter since MYR rebound in Q2.

Some people in the forum, is not here to share information and earn money, they want to earn name and be other's Sifu. So keep telling other his position, how good is him. Maybe want to open class earn money also la. Its like JJPXR la, JL so young so good in forex, earn 20% per month. Mana tau, fake MT4 cheat money, pure scammer. Malaysia full of this kind of cheater, just beware.

supermx2 bought HC thats why he shout drop, hoping for earning in 0.00x. But he dont know is the dangerous of HC which maybe suddenly become no value. for HC in the money, upward is very limited, if AAC announce HC can anytime become rubbish. So dangerous and he think by shouting here he can earn.

Decision making for trading 100 unit and investing 1m unit is very difference, so stop trading in out 1000 unit and tell people you sell 50%, 80% of AA share and buy back at x.xx which is in fact 800 unit and wanted to be our sifu here. Please show that you are in the top 50 shareholding list in next coming report to earn our respect.

The cheater you call changed the aviation sector in Malaysia and started with two airplanes now making everyone able to enjoy cheap flight.

some people may tell you he sell at x.xx buy at x.xx make many round of profit, but what they wont tell you is how many unit they buy. It can be just 100 unit buy in and out, then want to be Sifu of yours. Lol

Supermx2 bought HC, that make it rational for him to call sell and create fear for his own benefit.

https://www.nst.com.my/news/2017/04/226684/final-bidding-airasia-unit-ends

I feel gan jeong for supermx2 who bought HC at 0.08 when I know tomorrow mother will rebound. I wanted to save him, but seems like he is way to emotional and trying to prove he is right.

China airline all buying, meaning to say if you want to survive in China, lower airplane cost is a must. Imagine everyone buying USD50m per plane you buy at USD90m, still can compete? impossible. As I said, may be the JV partner is already start buying and queue at 570 order, you wont know. That makes AAC sale more rational.

Well it can be, if someone find out he did insider trading, using foreign investment arm to earn small investor money, then legend name will become busuk. If he want to change money with name busuk, then I admit I lose.

Its too far away to talk about China LCC and JV as now only commencing at MoU stage. Not to forget, China recently achieve milestone on producing their own airplane C901. While boeing selling at USD90m, China airplane C901 selling at USD50m. You though why TF sell AAC? He moved before everyone can think about it.

If TF says consider cancelling, it means he will not receive dividend from AAC sales. Then next question is how he is going to settle his own PP debt. Obviously, cancelling AAC sales he himself is going to fall in deep shit, we are at better position than him.

I first buy AA few year back at 2.90, it drop all the way to 0.80. What I did is keep avrg down only, until all my saving invested in AA. What is panic? I really dont know. What I know is those foreign fund keep playing on Malaysian and make us panic like ride on roller coaster.

AAX performance is good, just that the missed the fuel price, up by 7%, other than that all went well. 2016 Q1 unrealised forex gain should not be considered when compare with 2017 Q1, as it related to long term debt which will be repay progressively. AA has a different cost structure, firstly the fuel price has been locked in at USD65 and the USD debt also being properly hedged. Tomorrow sure rebound sharply. Buy.

What makes you think that a long term investor who bought at 1.43 will panic sell at this moment? Lol

Last time when AA is 1.43, I bought in, then someone tell me AA will fall below 1.00, yes it happened but I dint sell. That guy so happy as if he is the "god of share" but after that you know what happened rally to 3.00 then 3.50. Again, big adjustment come some people again act like "god of share" keep yelling "see, I told you". You know what will happen later?

EPS=0.6, PE 7, TP=4.20 BUY

After lunch time to add

After netting the intangible asset and goodwill, the NAPS for this company is 0.455.

The dividend yield is now 3.45% within one week. JJPTR ROI is 5% per week, meaning we are quite close to JJPRT. Lol just joking, dont be so serious.

If you buy a share and hoping it will sell all its asset and give back based on NAPS, then that is not investment, that is called trading.

NAPS will increase based on growth, your eps will add on to the NAPS. Therefore the basic valuation method is EPSxPE.

Now this mark is valuing AA at 1.54 which is totally non-sense as the TP is below the book value.


4444 NAPS RM 2.38 why RM 3.48? If sell all AA assets can fetch RM 3.48?

angelol Go to check out NAPS for AA before you make any TP, idiot.
12/05/2017 18:55
13/05/2017 02:10

Number crunches is important as well, but make sure you have most of the knowledge before you do it. Not every industry and business can use the same formula and apply. If its so easy, everyone who come out from Uni or CFA will become rich man.

If you dont understand Deferred Tax, means you dont understand AA operation, then how you use FCF to value? just use DDM la kids, some tips to you, AA has 20% payout policy, justify to use DDM.

Mark Goh, you are going to make big money, AA allows to short, you can go short AA share and target for >100% return

Go to check out NAPS for AA before you make any TP, idiot.

Go to check out NAPS for AA before you make any TP, idiot.

Cant even explain deferred tax stated in SOFP, I doubt that he can analyst the whole account as the AFS for AA is quite complicated for beginner.

As a finance graduate and charted accountant, I can say your article is a total rubbish.

Personally, I think AA will announce after the 12c dividend ex date to keep the momentum. It will be around end of May. Who want to sell can sell now. Haha

supermx2, I wont buy stock like CAB firstly because the NTA too low, only 1.44. The profit margin very thin, dividend yield too low. High risk when SARS or H5N1 outbreak. I advice you to throw that shit and buy AA now. targeting on 3.25% dividend yield within 3 weeks. Anyway CAB going to fall anytime soon.

supermx2, buy now still got chance, 12c dividend end of this month then AAC sale. Buy now dont wait.

Philippines population more than 100m compare to 23m in Malaysia. No matter how its a larger market. Indonesia has 300m population. In AA can success and survive with 23m market, how if the market expand to another 500m people out there.

What is there so panic? IWC NAPS only 0.81, now selling at 2.16, you say panic or not. lol

Share also use the new money to pay old member money mah, hahaha. If new member dont press the buy button how you sell? lol

No, i'm talking about the final dividend of 12c instead of the special dividend. Now the share price is supported by the 12c as the dividend yield is high. Another booster will be the announcement of SSA. Last booster is the special dividend.

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Dun mix up the issue, announcing the successful bid amount and special dividend. The announcement earlier was mentioned early of May but the special dividend i think will be 3rd quarter after completion of all payment.

No la, just joking. If I'm TF, i will definitely announce it after dividend ex date. which is 25th May. Now 12c dividend payment still the little booster. If i announce after dividend I can stop the share price from dividend adjustment.

Haha, I think there should be a ceremony for this instead of walking to office and sign.

If AA management got a data shows that most of the passenger avoid the baggage charge by hand carry big,more luggage which eventually affected other passenger (says if you should only put one luggage on top but now you put three, taking other's space)then its very rational to implement the 7kg limit. Improve the ancillary income, efficiency to go on board and safety in the plane. One stone kill three birds. Like self check-in, customer tend to adapt to the situation in long run, same goes to other flight regulation.

How AA win in competition is focus on no-frill principle, 7kg limit is stick to this principle. Customer who look for 15kg hand carry benefit will eventually find that, the flight time is not suit them (mid night, early morning flight), no seat, high price.

Now is big data century, you can win the battle even with high price by looking at big data and capture the profit in narrow difference. Despite a lot of complain, customer will choose AA, because other airline either no frequent flight on the route, or the flight time just not nice. Obviously, AA revenue analysis team is doing a great job.

People who buy DRB for POS is clearly know nothing about Share market and accounting.

Today dont buy, if AA next week suspend for announcement, all no need buy.

China capital control has been started since earlier of March (or much earlier) I think AA management smart enough to understand the risk.

Wait la, the real weakness havent come

If your grandchildren cannot afford a house, then sell or not sell the land your grandchildren also got no future.