GOB already up a lot. Please share news on GOB

What news gob has?

ChenGy91 you are awesome

AAB is better buy if CB or fund raise at IAA is success, not merging with IAAX to avoid negative balance sheet

IMO, IAA news about merging with IAAX means that the raising money from local investor or through new investor using Convertible Bond has failed.

This is certainly not very good news

How can it be a win win? IAAX needs 10 plane by mid October otherwise, their license will be revoke. It's more like IAA bailing IAAX

IAA owes billion ringgit loan to AAB. why is it good news when AAB will not be able to recover those loans?

if you go to airasia website, IAA offers free 15kg check in luggage. It shows IAA still struggles.

I'm sure Alphajack is smart to sell on rebound

Strongly suggest to sell at rebound.

Why not sell at re-bound?

AirAsia has to take 100% when making loss but shares 49% when making profit. Local shareholder don't have any risk as all working capital is funded by AAB.

I trust in TF ! But sell now and buy later when selling pressure is gone

Sell now and buy in dip in future

AAB has RM1.8billion cash and 10% of market cap is rm240million. Im sure shareholder will approve. I'm on buy side but not arm. Waiting for lower price for better margin of safety

Instead of hedging, they should initiate share buy back program

sell airasia now and buy back when selling rate reduce

Did u all sell at rebound? Wait a while before re-enter

AirAsia is indeed undervalued but not with current sentiment. Sell at rebound and buy on dips later

Everyone sell now and buy back later when foreign fund stop selling

I will buy AirAsia but not near future.

I strongly feel AirAsia is good buy but not near time with Ringgit issue and foreign funds leaving

I also feels AirAsia is good fundamentally but I will wait for better entry price. Perhaps after IAA and AAP bonds are issued

AirAsia buying AirAsia X is bad story

No prob. but look at this article.. also worrying me.

AirAsia X slows fleet expansion, seeking a 2H2015 turnaround. Could AirAsia buy its half-sister?

http://centreforaviation.com/analysis/airasia-x-slows-fleet-expansion-seeking-a-2h2015-turnaround-could-airasia-buy-its-half-sister-240978

Base on PE Ratio, CIMB Target Price is 0.99, they changed to SOTP valuation and gave RM1.14 target price..

But AirAsia is expect to make very small profit next year

We have typically valued AirAsia’s stock on the basis of the sector average CY16
P/E multiple of 11x. If we use this method, and on the basis of a much lower
CY16 group core net profit figure of RM250.6m (core EPS of 9 sen), the target
price would drop to RM0.99.

However, we think that the SOTP of AirAsia should give the share price some
support, so we have switched the valuation method from CY16 P/E of 11x, to
end-CY15 SOTP, which we calculate at RM1.14.

In our 9 July report, we calculated AirAsia’s end-March 2015 SOTP as RM1.67,
but the end-CY15 SOTP is only RM1.14, as we reflect larger negative
shareholders’ equity at IAA and AAP due to continuing losses, as well as the
impact of a stronger US$ which augments the ringgit value of AirAsia’s US$
debt. As with the calculation of group core net profit, we have assumed 100%
share of the IAA and AAP negative book value.

CIMB report : Malaysia’s yields disappoint

Using a new method of calculating AirAsia’s core earnings, the group made a
1H core net loss of RM173m. As the 2H is seasonally stronger, the 1H results
are some 10% below our previous full year expectations, mainly due to weaker
than expected yields in Malaysia. However, we cut our FY15-17 group core
EPS by 45-77% on lower yields, as well as by attributing 100% share of losses
in IAA and AAP to the group, since AirAsia assumes virtually all the economic
risks in those ventures, up from 49% and 40%, respectively. We switch our
target price basis from sector average CY16 P/E of 11x, to SOTP, and slash our
target to RM1.14. We maintain our technical Add call, but highlight that the
upside is rather thin for the risks that accompany the stock.
Highlights of 2Q15
The group’s 2Q and 1H core net loss fell some 42-46% yoy due to broadly better
performance in most countries. MAA’s 1H core earnings improved 85% from a
very low base, but a large chunk of the benefits from lower oil prices were
swallowed up by lower yields from the removal of fuel surcharges and lower
loads in 1Q. Thai AirAsia (TAA) saw a seven-fold jump in 1H profits, again from
a low base, due to the return of tourists into Thailand. AirAsia Philippines
(AAP)’s 1H losses fell 35% yoy as it reduced its unproductive fleet by 20% and
cancelled loss-making international routes. Unfortunately, Indonesia AirAsia
(IAA) saw its 1H losses expand 28% yoy, as the negative impact of the QZ8501
crash on yields and loads more than offset the lower fuel prices.
Competitive environment in Malaysia still robust
MAA failed to drive load improvements in 2Q15 despite cutting yields 8% yoy,
possibly due to the lingering effects of QZ8501, but more likely because the
competition had also cut its fares on the back of lower fuel costs. Our analysis
of the domestic Malaysia and ASEAN seat capacity over the next six months
suggest that there will only be minor improvement in the competitive dynamics
as short-haul seat capacity is down only in the low-to-mid single digits.
Main worry is IAA
We see higher risk that IAA’s convertible bonds (CB) may not be successfully
issued, as the CBs are now being marketed to foreigners rather than the initial
target of local Indonesian investors. We believe the market is already pricing in
a scenario whereby AirAsia may not get repayment from IAA anytime soon.

I have cimb trade acc. The report says bad thing about airasia

Echo look at CIMB report, their target price is 0.99

Echo check CIMB report. They state airasia made -170 million loss due to associate

CIMB research new target price on airasia is rm0.99. They made core net loss of rm171mil in 1H 2015.. That's bad in low oil price market... Their yield is so bad

all airasia shareholder loosing a lot money. my suggestion is sell now, buy later. the price will keep go down

IAA and PAA keep loosing money. AAI also bleeding. Then AAJ .......

sell and buy lower later. no point holding.

Usually 1, 2, 3 is critical support. They breached RM1. Technical analysis is very bad

I also believe AirAsia is undervalue but sentiment is bad

why not sell your airasia share and buy at cheaper price? Since many people are selling, there is no buyer in the market

trust gmt target price. they are accurate. look at their previous target price on airasia easily reached. look at noble group in sgx

IAA and PAA and now AAI making huge loss even oil price is low

less debt but leasing expense increase a lot

GMT says the AirAsia Q2 result is very disappointing and Revenue increased because of aircraft leasing, Related Party Transaction! Something to ponder

MMSS is Gillem Tulloch from GMT? Desperately making retail investor here to sell

I dont think its short sellers but foreign shareholding

MMSS is the short seller??

IAA loss is narrowed down, why not positive?

MMSS, since you are analyst with CFA, why dont you write a report and post it to us?

Short sellers are spreading rumours that AirAsia will issue rights. Thats why the stock is dropping

Amazing what lengths these short sellers have gone to. I am supposed to be in Hong Kong marketing a rights issue. Well I am in malaysia.

From Tony Twitter

grace, I received it yesterday, 2 July at 10am to my cimb bank. It was transfer from cimb symphony so I got it early morning

I got my dividend