Valuations for AAX are no longer compelling compared toearlier in the year, currently trading at a forward FY16 PER of 11.5x. We believe that the stock could trade sideways in the coming months.

TAAX swung into a loss -US$3m whileIAAX’s losses widened to -US$9m. TAAX faced more intense competition resulting in an average fare decline of -13%yoy. Meanwhile, continued poor performance by IAAX would likely see it temporary cease its Australia routes as management engages with the government before deciding on the next course of action for the associate.

wow, below 3 already, attractive, : )

AAX did very well during 2Q16, delivering essentially breakeven results in one of its seasonally-weakest quarters, which was not totally unexpected after its strong 1Q.

“AAX outperformed our very modest profit forecasts for the company, which is why we have raised our EPS estimates by more than 100% for FY16-17. The results were achieved on the back of the Malaysian Airlines Bhd (MAS) capacity cuts, but we wonder if AAX will be able to deliver the same strength in 2H, now that MAS is cutting fares,” CIMB Research.

pity JJchan, : )

AAX, my contra favorite, : )

back to fair value as expected, : )

2ndQ break even, the management has done a good job, thumbs up, Ben and Kamaruddin, : )

i still remember the next day after 1Q result, the market sell like no 2morow as most of us expected 500M profit instead of 200M, : )

as i said b4, break even Q, so fair value unchanged around 0.40 - 0.41, : )

well said, Max, : )

very good, thumbs up

: )

1st round i already got honda civic n proton flx from AAX n WA, this round perodua bezza enough for me, : )

sold all at 0.49, thank you AAX, hello, AAX-WA, : )

i still remember 1st round sell like no 2morow after they released 1Q result, i'm ready to sell anytime after 23rd, : )

goreng cu and cv more fun, ha ha

this round focus on CU and CV rather than WA, lower cost, wow

this round Cindy Cat did not goreng WA, 1st round (Q1) WA very powerful, : )

wow, 0.45, : )

contra kaki made big money this round, : )

AAX new marketing and public relations manager, JJchan, ha ha ha

enjoy the show, good story teller JJchan, you must be all in, : )

i wonder Q2 forex gain or loss, : )

good move, : )

i like this counter so much, off and on contra already made few K to enjoy my abalone, : )

hi JJchan, this round i still wait n see, : )

the edge property

Pavilion Group will lead in the master planning and landmark development consisting of a luxurious shopping mall combined with a 5-star hotel, high standard apartment blocks, deluxe resort villas and class A office towers in the Saigon Peninsula project.

Malaysia's Genting Group and Pavilion Group are partnering with Vietnam-based property developer Van Thinh Phat Group Corp to develop the US$6 billion (about RM24 billion) Saigon Peninsula mixed project in Ho Chi Minh City, Vietnam.

云顶集团（Genting Group）、柏威年集团（Pavillion Group）与越南房产发展商万盛发集团（Van Thinh Phat Group）联手，在当地开发总值60亿美元（约243亿令吉）的房产项目。

durian none stop falling, ganasai, from where ? : )

falling durians or falling knife ? : )

going to eat durian tonight, : )

wow, moving, : )

0.58 matched, another 20 lots, total now 420 lots, : )

yes, u r right, liew, it looks like the sellers going to end the waiting games by today, : )

otherwise, yes, liew, sellers might possibly be depleting, : )

It just like Airasia last year movement, but if the seller is credit suisse, then below 0.50 is possible, : )

Q 20 lots at 0.59 all matched, : ), bal 400 lots

all in if below 0.50, : )

pls check 2015 Annual report top 30 shareholders, suspect Bank of New York Mellon n Citibank New York selling, they hv about 3.5%

sometimes foreign funds selling not because of the fundamental of the company changed, but just because they need to move out the funds from bolehland, : )

i think at 3rd stage, reinforced concrete framework of the said Building, 15%

it looks like foreign funds selling, : )

oooppp, should be 30 lots at 0.60, : )

bought 80 lots at 0.60, bal : 380 lots (380,000), waiting for dividend, : )

no matter how good it is, low beta lack of coverage counter, shares performance ganasai !

GDV about 800M, margin about 20%, out of this 20%, u hv to pay hohup 18% as agreed, so, the net value is only about 132M, 50% of current market cap, : )

i already hv 350 lots avg 0.625, will collect more if below 0.60, i like pavilion, : )