please update with open price

What's the current open price? Any research reports out so far?

limhh capex doesn't eat into profit in one go lah. It is depreciated over time. So that's nonsense.

@Junichiro, I don't disagree. As a matter of fact I have my eyes on a few fallen counters where I am certain EPF will selldown temporarily sooner rather than later, and I will be there to pick up the pieces at rock bottom prices.

@weng77, remember, Bumi Armada has very little operations in Malaysia. The OSV mostly in Africa, South America, South East Asia and Europe. Very less to Malaysia, unlike the companies you saw.

EPF is not god. I collected Bumi Armada from them at rock bottom prices, and then a few days later they swoop in to collect again. EPF returns are at best the same as the market. They win and lose just as the index, if not worse. They are not gods. They don't know more than us.

https://klse.i3investor.com/servlets/ptres/40400.jsp

Nick, where is that statement from TF from?

Kenanga out of their mind saying this is worth RM3

@deep, I think people are wrongly using the term. Should be IB i.e. investment banks i.e. institutional funds. Or maybe they mean bulge bracket banks. Same thing lah. This is what we call Wall Street.

Not sure how reliable but they claim Q2 load factor at 91%. Combined with more favorable USD, and also similar oil price profile as Q2 of last year...there is reason to be optimistic of Q2 2017.

Alas, staff should be duly rewarded, makes them work harder. Though I do with they weren't as exuberant as this. Still shareholders should give some leeway there. The staff are what makes AA what it is.

RenegadeMasters I think there is good reason to view the results with suspicion. There are two very large one of gains contributing half of the net profit. The group reporting structure has changed with PAA and AAIs numbers being included into the core income statement.

We need more clarity from the analysts tomorrow. AA has got one of the most complicated Financial Statements. Even more complicated than Tenaga, the banks, the telcos and other KLCI bellwether stocks. Even with my medium level accounting knowledge I can't be certain of what means what exactly.

Can somebody rationally comment why they consolidate PAA and AAI into the statement?

Well it looks like they have consolidated Indonesia and Philippines into the income statement. Hence the much higher revenues and costs.

Need to read what the analysts say tomorrow. It looks Ike AirAsia has changed too many things to try to create profit and skew people's perception of its financial performance.

Guys, my idea how they calculate NAPS? Shouldn't the equity be misused off with non controlling interests? Isn't that how it's done?

supermx you are an idiot, no investor worth his salt takes AA Q1 2016 profit seriously. you are delusional, tomorrow you will get slaughtered at the opening bell. Hope you get the heck out of here after that

Also WTF with the equity dropping. Cash flow is also negative once you remove the injection from Tony.

It looks very bad man, the balance sheet is not healthy, cash flows are poor...the profits are contributed mostly by one off gains.

I may jump out at RM3.40 this time. Don't want to risk to RM4 which may not come.

Those are one off gains...careful guys. The real profit is at ~RM300mil

There are two major items (non core) that have contributed to this. There is a chance the stock could go down as such.

What means Remesurement Gain on Consolidation and Negative Goodwill on consolidation? Both of these together contribute more than half to the NP for the Q.

I dont use bad words...but fk man...this is amazing. On we go to RM4!!!!

All shorties must cover their panties tomorrow.

Those who persevered in the face of "the story hasn't changed" will be duly rewarded!

TF is such a tease!

What's the closing price? 4.50pm is closing price

I agree...trap, goreng, operator etc are all dirty words. We need to focus on the profitability, margins, ROE, balance sheet health, topline growth, future prospects, currency/commodity headwinds etc.

I say RM385mil.

Ginvin, at what price?

Imagine if after this hoohaa and all AA reports profit of RM450mil++....tomorrow we will be back to ~RM3.30. But further upside would depend on subsequent quarters and corporate exercises.

You guys must be delusional, promote at i3Investor also for what? Our daily trading volume is just 0.01% of the market, we can't move the market, we can't influence the market. Come here to promote is just syiok sendiri, of course eventually when you keep promoting you will be correct, but that's another matter altogether.

Really appreciate if someone can share the content of the insta post with the rest of us.

What does he say on insta? I can't click the link.,

So agm over? Nothing at all? Shame...

Buy the rumour, sell the news seems to be a top work here.

I can't believe it..still nothing from AGM? Has Tony sir spoken?

So quiet...

Likely to consolidate for these few months till next QR or till positive development on any expansion/line opening. RM will strengthen a bit more and some more warrants exercise...so it will cancel off any small demand.

Keep and wait for a few years, so long as fundamentals don't change and cost of raw materials don't skyrocket.

Secrecy, any material information whatsoever? Has Tony spoken?

Seriously nobody watching livestream of AGM and can update us who are at work? C',mon...

We are small fish. We don't control the current. From New York they run the show.

Ok I mean any updates from AGM? I'm tempted to just sell now once it hits RM3.20.

Anything of material from AGM>?

nick_ck, only applies when the fundamentals haven't changed. Let us not cheer yet, results will weigh heavily on the price tomorrow

We will need to study the causes of AA's atrocious 3 day share performance. Was it shorties, was it market manipulators, or was it senseless retailers fleeing for the exits?

Actually I think Tony likes to hype the stocks too much. It's not good. Today, before etc...he should not speak about stock price at all. It's unethical, even if he means well.

It is old english. Tonne = many, thee = you, fold = ???feel?

So what's it at now? Positive or negative momentum?

The fire can only be stopped with decent results. Alas, now I wish AA results below RM300mil so the price can just crash and I can buy more at less than RM2.40, then wait 6 months for the inevitable resurgence.

Please update with opening price. Market direction today will likely depend on it pre-AGM

Is opening bid lower or higher

Whoever mention about Hevea above...it's core business is no longer particleboard already. Particle board is now its secondary business - the main earnings driver is their RTA (ready to assemble) furniture segment. In other words, Hevea is a homegrown Ikea, with decent products to boot.

So going forward as Hevea builds more RTA factories and diversifies their product range, you can't compare Evergreen with Hevea anymore as their core businesses are different.

Well I wanted to sell at RM3.56...I did not. I then told myself I sell at RM3.40 on the downside. I failed to stick to my plan.

In the end I take this as a lesson learned. Painful lesson. Thankfully I am still green as I bought at RM2.67.

To me as for now, fundamentals have not changed. But if Q1 results are REALLY bad (below RM300mil) and there is no forthcoming news about any corporate exercise, I sell first thing on Friday morning and then buy back at a lower price.