MBB quota is not full yet. There is no report says is full.

by the way, other than MBB, which bank would buy at $1.25?

With or Without PJ Sentral the share is now under trade based on RNAV $1.88

Hopefully in future those investors claiming free flights from dividen will not be cancelled last minute, or found their destination been terminated service, will that be possible? :)

If you read the news from Kenanga:

...MRCB management is of the view that legally, NGSB honoured its agreement by exercising the “Dragalong notice” on 23rd April 2013 whereby PKNS is aware about the exercise when MRCB proposed to takeover the NGSB in 8 February 2013. The drag-along notice had already been agreed by both parties (NGSB and PKNS) when they entered into an agreement in 2010 to develop the land....

...it is now matter of PKNS can really buys backs the NGSB’s 70%-stake in PJ Sentral. MRCB would precede other land deals (i.e. Gapurna Land and Gapurna Builders) with NGSB and defer the PJ Sentral Development until they reach the workable solution with PKNS....

...Even without PJ Sentral, our RNAV will only be reduced to RM1.88 from RM2.08, which is still an OP call at this juncture....

Pity those travelers....last minute flight cancellation sure impact to hotel booking, logistic arrangement, vacation plan...etc
i wonder will the money refunded (assuming is not taking MONTHS to process the refund) able to cover the cost of last minute purchase of another airline ticket? further is long haul flight...
how would a consumer think about a low cost long haul airline? Or will they think is worth to buy a little expensive but 'maybe' more reliable, yet Full Service carrier to fly long distance? Choice is yours.

Good thing is it remained at same price...

MRCB annouced:

PKNS's ("the Plaintiff") application for an injunction was dismissed with costs by the Judge.

The Judge has granted the Plaintiff an Erinford Injunction / Temporary Injunction pending the filing of an application / appeal before the Court of Appeal against Nusa Gapurna Development Sdn Bhd.

i would expect revenue should be good for last quarter. Political parties spent huge sum in advert in GE13.

Up again. This counter is like a slow cooker.

is good time to accumulate.

Fed maintains bond-buying program

The US Federal Reserve left unchanged near-zero interest rates and its massive bond-buying program on Wednesday, citing modest growth in the world's largest economy.

Wrapping up a two-day policy meeting, the Federal Open Market Committee (FOMC) said it would continue to buy $85 billion in bonds per month to help tamp down longer term interest rates that have been supporting the economy, and especially the housing market recovery.

http://www.bangkokpost.com/breakingnews/362437/fed-maintains-bond-buying-program-amid-modest-growth

Fed maintains bond-buying program

The US Federal Reserve left unchanged near-zero interest rates and its massive bond-buying program on Wednesday, citing modest growth in the world's largest economy.

Wrapping up a two-day policy meeting, the Federal Open Market Committee (FOMC) said it would continue to buy $85 billion in bonds per month to help tamp down longer term interest rates that have been supporting the economy, and especially the housing market recovery.

http://www.bangkokpost.com/breakingnews/362437/fed-maintains-bond-buying-program-amid-modest-growth

Well hobson64, i knew lot of ppl feeling stress right now, there is no point for me to add salt to the wound.
Whatever roadshow or invitation, end of the day we are the one to make the decision.

Market weakness is always exist and we shall not panic over stocks that with strong fundamentals, proven sustainable profitibility and strong management team. However i dont see the first two in AAX. There is still a wayout for those trapped...you know what it is.

Pls dont blame the bank. Bank did not force you to buy.

When Oldtown first listed in Bursa, the company paid $3.5 mil as Payment for share issue expenses. Where did this money goes to? To the bank or who? Pls think. Nothing is free for the shake of 'helping'.

it depends whether the business is USD or MYR based.

Thanks Hustle...that is not really benefit to shareholder. Imagine the dividen announced is $100, you given a $100 voucher to purchase AAX ticket. The ticket that you purchased will sure flow back a certain amount of profit back to AAX. So in actual you get less dividen and AAX increased sales indirectly.

AA listed in Bursa in 2004, the first dividen payout only happened in 2011.

How long does it takes for AAX, with much smaller scale and fleet size, to start paying back dividen to investor?

MBB oversleep again...wake up...Harlo! time to stabilise

LoL

Kenanga:

the exercise would dilute FY13 EPS by 4.4%
1). We are neutral-to-negative on this corporate exercise by KPJ.

The reasons are :
(i) The exercise would be EPS dilutive;
(ii) KPJ’s net gearing would still remain the same despite utilising part of the proceeds to pare down debt.

Is still within my expectation those who panic sell will end up panic buy. And those who bought at low price yesterday will sell for quick profit. That was what happen in this morning. A straight line from peak to bottom...many trapped.... there could be more going to cut loss if no dividen payout. After all somebody is going to foot the $70mil bill. If is not shareholder who else? :)

AA founded 1993, fleet size grow to 140 planes over 10 years.
AAX founded 2007, fleet size only 10 planes...only 10 planes growth over 5 years...?

keep dropping...

Solid company...but how come the management breached agreement that they signed themselves? Did KPJ explain what happened? how could they ended up in this situation?

just because there is no oil, that's why need to "add"...palm oil is cheap now...

Palm tumbled to the lowest level in more than three years as global supplies of the world’s most-consumed cooking oil climb the most since 1999 and demand expands at the slowest pace in more than a decade.

Futures slumped as much as 3.2 percent to 2,151 ringgit ($672) a metric ton in intraday trading on the Bursa Malaysia Derivatives in Kuala Lumpur, a level not seen since October 2009, before closing at 2,170 ringgit. Soybean oil, an alternative, fell to the lowest level since 2010.

http://www.bloomberg.com/news/2013-07-25/palm-drops-to-lowest-in-more-than-three-years-on-supplies.html

this counter sound like Sauna...hopefully will not make everyone sweat

MBB today not working? pls come to stabilise the price.

sold...make quick profit.
This counter still have room to move downwards.

Jerry, is a strong rebound. Isn't it?

i guess next week will see the true color of AAX share pricing, after 30 days stabilizing shield expired...the show is not yet start

tomorrow will probably see strong rebound. Those who panic sold at high price, will panically buy back at low price...

the price is much stabilise after the morning quake.

The next project is E&O London Bridge?

Pls understand Profit after tax for KPJ for last year 2012 was only RM147mil , this RM70mil fine is cutting away half of the cake. A very big piece, not a small piece.

uptrend mode. Unstoppable

DrPitchard, well i did not lost money in Supermx...yes i was quite piss off with it, i adjusted the strategy once i understood this counter, i noticed there is a timing to buy and sell, it eventually reduced my exposure and i went on for profit taking....Afterall, market is always smarter than us. I agreed with you on your opinion and analysis in this stock. Those who think there was 100% gain is up to them to say so.
Many other stocks shows high and low in past 52 weeks with over 100% gain, provided if you manage to buy at lowest and sell at highest. A dream come true for investor correct?

apprentice, if we keep a $1 share which pay 1 cent per year we will also get 100% back after many many years as long as it dont go PN14, just matter of time. However money that invested could have got a better return else where in same time frame. If we have invested in not-so-performing stock, the oppourtunity cost is another cost we pay.
Yes u r correct this counter swung more than 100% up or 50% down, indirectly you agreed with our point that this counter goes up and come down drastically, that is what we wanted to say.

If u follow ColdEye, he has once pointed out Kossan and Harta as his top pick of glove stocks earlier this year. I dunno why Supermx was never in his radar. You are smart enough to think why, or u think u r smarter than ColdEye also no ppl will object...Happy trading folks....

AAX also expose to currency exchange rate risk as the exchange rate losses may be significant as financial results reported in ringgit.
By end March 2013, 79% of AAX borrowings of RM1.4 billion were denominated in USD. Yes, RM1.4 B....
With recent Fed pulling out from bond buying program, definately there is already impact to USD/MYR, look at recent chart where the line is heading to

Is nothing wrong but also why at the first place going into non profit ruote?
Of coz i agreed we have no crystal ball to see the future but again all these cancellations shows how vulnerable the long haul flight business and high exposure of risk in fuel cost for AAX. Announcing new ruote will that turn into non profit as well? Why should an investor be excited about new ruote?
Abu Dhabi was in the plan, it was suspended.

On 12 January 2012, AirAsia X withdrew services to Delhi, Mumbai, London, and Paris.
On 31 May 2012, AAX withdrew service to Christchurch, NZ
On 22 June 2012, AAX terminate service to Tianjin.
AAX have also suspended Abu Dhabi.
On 8 October 2012, AAX gave just 7 days notice to withdraw services to Tehran.

Will annoucement of new destination excite the share price? Pls look at how many destinations been terminated just last year alone.

High Court orders KPJ to pay RM70.4mil in damages to Hospital Penawar for breaching joint venture agreement

LOL...

AAX as long haul budget airline main cost is fuel...for past month oil price up from $95 to now $105 per barrel...higher cost means lower earning prospect....i rather stay sideline rather jump in now

Now everyone can fly...

Hahaha well said DrPitchard...i bought in during $4 time as well , before the split

Ready...

Hmm this stock been quiet these days

1.65

this stock is always slow moving up...not bad.

acquire and dispose will generate number in volume, make this counter 'highly traded'

Booking for Medini yet to turn into sales right? When is the expected approval for phase 2 for STP2, next month?

it will take few days