newinvestor17 : Dont you think , that refers to you ? This Q1 result will help MacQ agent lingering in this forum. No doubt about it.

JoLee375 : Alright, now I know why ..... They hint to say ... "Radzi , you can not talk in this forum". "If Kenteoh94 or NewInvestor17 talk in this forum, is ok"

Sonic128 : I understand what you feel.

One thing, i used the word "estimate" . That means only estimation, but once we see it goes wrong somewhere , collect data and then adjust. Frankly speaking, I dont like to see today result.

If I follow ur huat ah IWC at 2.40 , i would make millions of losses.

newinvestor17 : Huat ah IWC at 2.40 ?

Tomorrow , price will go down, no doubt about it.

Dont be surprise if tomorrow AirAsia result makes extraordinary profit.

Kenteoh : I have no reason to be jealous. I would prefer hold counter making profit than chasing high loss making counter promoted by others.

well , u promote ablegroup , a loss making company at 20 cent. And someone promote IWC , a loss making company at RM 2.40

yeah , you make profit and u ask people to enter at 20 sen. LOL

The reason i will buy , exchange rate keeps improving http://www.xe.com/currencycharts/?from=USD&to=MYR

Lease cost , fuel cost is dependent on exhange rate, cost will reduce as long as rate is getting better

Big clown and jokers

telling people you earn that much in certain counter = promote. I remember some hypocrites promote Ablegroup and IWC , and rhenoma here, suddenly say they dont promote.

I look back at the reason why i buy this counter, so i habe decided if price fall I will buy. 6-12 months ahead i will be a bugger winner

u r not promoting your share Newinvestor17 ?

c warramt holder sure die , contra kaki sure die .

My estimate operating profit was 160 mill. Lost 70m more in the fuel cost and 30m more from staff cost. increase of 50% is a big increase. I think they hid the profit.

The thing about AAX , even it drops , the proce will go higher later , 67 sen if true , is a good deal when proce goes down

Buyer of c warrant , too bad , already told you guys not to buy. If mother still got chance later quarters or year

mac collaborated with Kama , so that profit is not shown , then mac dont have to pay investor. Buyer of C , kiok

Of course if Kama lies at the end of the year, i will hit Kama head.

and retailer will lose opportunity to make 20% more gain at the end of the year

IB will of course collect AAX because current price is 20 % discount to merger price (67 sen). So those IB can easily make 20% profit. ... Retsiler based on emotion would easily throw away.

my aasumption , Macq , kama and tony works together. If i sell tomorrow , I will play to their game and MacQ will be the biggest benefactor of this result. By 2nd of June , volatility will over.

If I saw TF and a snake , i will hit TF and let ho the snake

How the hell fuel cost is 377 mill . My estimate around 300 mill. And staff cost at most should 80 mill

i am also speechless . Staff cost goes up more than 50% , fuel cost too. Yennadeyy

If AAX EPS is 4 sen i will be jumping up amd doen...: Because this year we will have another 3 more wonderful wuarters after Q1.

Paktua : AAX is light a long badminton rally and ur winning smash against opponent is more than opponent smash against you . IWC is short rally , always smash each other and u kena smash more time than your opponent kena smash

newinvestor17 is back because IWc moves up by 11 sen today. Else he will quiet. Bear in mind thie aunties unckes and friends who curse you when you said huatt ah IWC @2.40 is still cursing you

where the person who ask everyone to sell because uncertainty today ? Have you sold or not ?Already delete comment ?

Newinvestor17 the clown is back. World will be a dull place when no one like him is around. I dont have time to layan u lah. Better , I book ticket to Old Trafford and watch Zlatan Ibrahimovic do his kubg fu kick on football field.

Very loyal as long as fundamental is good. Just check USD / MYR 4.2887 . Things are grtting better for AAX.

Price dip , time to buy again

result release after 5.00 pm ?

I sm confident QR is good.

Kentby Loo: upt to u.

Those whou bought AAX when it dropped to 0.485 a week ago now is sitting on a 10% profit . I am happy for you all that had made some money today.

newinvestor17 : You can simulate financisl result from operating data. It is a no brainer from those financial literate. Two master goreng stock this year AAX and DNEX.

The words of Kama , "You have to be fair to the shareholders of AAX. They invested in the company and have seen it go through bad times".

"By my own calculation, once the share price recovers 67 sen, they will recover their investment"...


I dont know what assumption Kama made, If the calculation is not straight forward (i.e. involve conversion of the WA, Kama has made some calculation mistake. So, I think the share price is 75 sen and WA price is 29 sen. That is the price for shareholder to recover their investment.

Shareholder will be mad if Kama consider only for them to recover their investment without thinking about the opportunity loss by investing in AAX and got the price down. Assuming there is a 10% increase above 75 sen, then we will get AAX mother = 83 sen and WA = 37 sen.

Perhaps, that is the final and ultimate fair price for any merger between AAX and AA.

Meanwhile, look at DNEX as well, DNEX CEO promises double digit growth of revenue and profit. Very competitive proposition compared with AAX. I believe DNEX is a good counter for long term investment.

Loh Kok Wai : This is just an assumption. I follow through Supersaiyan3 calculation.

Justified warrant price based on justified AAX share of RM 0.67.

IPO price RM1.25. Right issue 3:4, and 1.5 free warrant.

So say you buy 4 shares @ IPO, and paid for the the right issue.

Total paid: RM1.25 * 4 + 3 * 0.22 = RM5.66.

Total in hand: 7 shares + 1.5 warrant. = RM 5.66

If takeover price is RM0.67 per AAX share, then :

7x(0.67) + 1.5x(Warrant_Price) = RM 5.66

Warrant_Price = (5.66 - 7x(0.67)) / 1.5
= (5.66 - 4.69) / 1.5
= 64 cents.

Any differing opinion ? Kama did not mention warrant price but you can work out this price based on his 67 sen of AAX price. This is my assumption only.

Short term TP : 67 sen. I think they still need to see AAX through into US market. If US long haul flight works , then AA merge with AAX would make sense. At that time , sensible price would be around RM 1.60. If the US market does not work , then we still have Kama and Ben as additional firepower to think about how to make it works. Of course , it is important to make it works because they are to take delivery of 60 new aircraft in the future.

Having separate airlines for short haul and long haul would be a very good strategy in 1-2 years as new aircraft delivery is taken. Once the buainess post delivery is sensible, I think a takeover is better than merge for future value of AA , to prevent AA share price dilutuon.

Yes Fiortune Bull , you r right

AEONCR is pricey . Fund come i. at RM 19 per share and nobody is selling.

Fund comes in because this is a good counter. Similar eith DNEX.

My vision AAX long term 1.60 . Idea of 67 sen is quite devastating because they dont want to share long term capital appreciation after 6 months. AAX now become a short term target of 67 sen - 80 sen. Good for them , good for some minority like us but not good for those who bought at ipo price .

warrant holder - i dont know . the proposal will be done at the end of the year. Everything not confirm

no details yet. They have to purchase at a premium to justify shareholder. Kama hinted 67 sen. I am hoping RM 1.40. By end of this year , we will see higher value of AAX in term of earnings.

It is better for Airasia to acquire AAX at IPO price , everyone will ve happy.