Oil price keep going down . Q2 will be a very good result for AAX.

https://finance.yahoo.com/quote/CL=F?p=CL=F

blueocean88 : I dont think IB would want to do like that. Most issuer of call warrant like Mac and RHB gives good view of AAX . Issuing call-warrant is not free. There is a cost attached to it. They will lose money when nobody wants to buy their Call-Warrant as they cant cover their cost. In a way, IB does hedging. They issue call-warrant, they hedge buy purchasing equal amount of mother share. So, any single cent mother share goes up, making the Call warrant in the money and profitable, they also gain similar single cent to cover the cost of giving away the money to investor.

IB that does not issue Call Warrant like Maybank is the one that makes matter worst. I dont know their actual reason. Maybank is not friendly to AAX.

Kama should explore Haneda Honolulu route. There is a big market in Haneda compared toNarita because Haneda is at the centre of Tokyo. In Tokyo , there are two Disney Theme Park side by side - Disneyland and Disney-Sea . Market is damn hugh

Japanese looks at AAX fare think so cheap. I took ANA flight from Haneda to Fukuoka costs 30,000 plus yen. And when I gave tthem a url link for one way flight to Malaysia (promotional time) 10,000 yen. They say Yasuiii !! Yasuii Also, my flight from KL to Haneda was 98% booked. If there is a flight from KL to Hawaii via Osaka (preferably Haneda) , not many Malaysian can get a seat to Hawaii.

I think tomorrow, AAX will green again.

Trx news should red Ekovest and IWCity only

I cant see the actual reason for market sell-off today other than human emotion.

Airasia rebounded quite well, margin call ? or cold feet ? Pity those who threw them, like so panic and then rebounded.

But you see there AirAsia is in green. That shows how strong the counter is.

I am still holding. And I think the price holds quite well. Current market down is due to profit taking. But it concurrent with IWCity termination of agreement to build Bandar Malaysia , and you can see Ekovest spiralling down.

Profit taking time and I think it will be over soon. Will add some this afternoon. I did not expect IW City news will come out today.

"Too good to be true" ?? Lol , I took Airasia and AAX flight , i knew the load factor is around 95% for both flights. He said , yield should be 80%. If I am a flight operator, I would strive for 100% yield and not 80%.

If I have listened to what Mohsin has commented , I would not make 100% gain from January 2016 to April 2017. It is up to you guys to listen to him, but remember a fact, Mohsin has never won any Regional (Asean) stock challenge as Stanley Sim won. That puts his credibility on stake because a student fare better than a Maybank analyst.

Aircraft smooth landing in the morning. Seat for the next flight will start to be filled in this afternoon. Flight will resume again soon after seat is full.

Buy on dip

Air-Asia - New high price RM 3.41. Profit taking is still on going with bull fighting ground.

Congratulations Tommylim. You have good remisiers and friends and you get good advice ! I hope you can stay longer in AAX. But, if you need money, just sell them in June :)

Kenteoh : Investment is not 100% about luck. Yes, you may be lucky to spot some good stock and purchase them at lower price. But, once you have bought them, it is a matter of how you calculate whether you are going to win or lose. For AAX and DNEX, I was lucky to spot them and I have calculated that these would be two winning shares.

I spotted Ablegroup at 0.20. For Ablegroup, I am not lucky. Because Ablegroup fundamental is not what I hope to see in the stock.If I have bought 1,000 big lots of Ablegroup this afternoon, I will be sitting at RM 10,000 loss. The syndicate of Ablegroup is trying to dispose the shares to retailer. You will not regret not buying it today. Trust me. It has high probability going down somemore.

kenteoh94 : becareful with ablegroup. It got my attention today. I did a check and I am 80% confident that it is a 1 day up stock. It does not have any fundamental. Congratulation you have bought at 0.12. You need to think about your exit strategy.

Airasia is going to break RM3.40 soon. Stay tune.

AAX-WA option is now "In the money". With premium, though .Most people dont think about exercising this warrant. It still has 3 years before it reach expiry date. I am very confident that within 3 years, AAX price would be more than its IPO price. So, it provides the investor an option to convert to mother share within 3 years time.

Perhaps, you will enter when you see mad rush at higher price ?

Crowwy : If you dont enter neither will you gain nor lose. But, if you know you have 95% probability of winning, wouldnt it be good if you enter ?

Crowwy : If you can hold for at least one month. Just buy. Still, if you are scared , just dont buy.

I go and promote last weekend, and got some re-inforcement today. The operating result revealed last Friday is excellent. I cant help myself go promoting.

Up is confirm.... It is just a matter of time....

HumbleIsland : Who said so and any concrete evident that the person represent an IB ?

humbleisland : If you need to sell, just sell your AAX shares humbleisland. If you want to join me to buy and hold, join me buying some more. Expressing your unfounded worries in here does not help.

Kenteoh : U r into DNEX too ? hahaha. I am holding.

Jen188 , I added some more in Friday at 0.255 when I read the operating statistics released on Friday. Many investment has probability of 50% profit and 50% loss. But in AAX and AirAsia, the probability is as such 95% profit and 5% loss.

humbleisland , we measure bubble by P/E Ratio. A counter with dangerous bubbles have either negative P/E ratio or P/E ratio above 25. If there is a crash in the market those counters will be affected first and adversely.

Current AAX P/E ratio = 8.Has bubble ? Not really. I estimate by end of 2017, AAX P/E ratio would be around 4. So, any market crash in USA may dent AAX price a bit but subsequently and eventually, it will goes up because investors cash-in on high P/E counters and buy-in lowe P/E counters to reduce their risk.

Do you realise, there is a small market crash in Bursa last year ? But AAX price goes up when banking and oil stocks goes down. Did you try to find out why that happens ? :))))

Seats are filling up , dont miss the first flight. Going to take off soon.

Thanks Surewin. AAX is the world beater. The leader of long haul low cost carrier in the world. And it is a RM 200 million profitable world beater with 84% load factor.

Even the Singapore Scoot is only a follower.

No Malaysian company has achieved such feat like this. As long as they are willing to push the boundary of human limitation, AAX would always be a leader. AAX starts to look like the business conducted by Steve Jobs and its array of technological gadget. Set the standard for the world to follow !! Well done AAX !!

AAX is a growth stock. Its revenue keep on growing , year after year. Foreign fund likes to invest in growth stock because they know potential is limitless. Only sky is the limit.

By the way, Berkshire Hathaway, investment management company of Warren Buffett also practiced no dividend policy and it is the one of the best investment company in USA. We expect AAX would follow the same when it does not pay any dividend.

newbie5354 :

(1) AAX does not adopt any dividend policy.
(2) It is also a turnaround company, so maybe it is not ready yet to give any dividend.
(3) Perhaps Kama believe in reinvesting the profit to expand the company and improve efficiency.
(4) It provides a more long term value to the company compared to giving dividend.
(5) Higher operating cash-in flow would reward the investor higher share price value.

HI Camlo, TF may sold because he needs money to buy private placement & in Q42016 - forex loss is RM 120 mil. However, I estimate for Q12017, AAX may get forex gain around RM 10m - RM 20m.

Futures crude oil price September 2016 : USD 51 per barrel and continuous dropping to RM 49 per barrel currently. Oil cost per km should reduce slightly while total fuel cost increase because AAX flies to more destinations more frequently.

My estimate operating profit is around RM 150 million. I dont know how much "others" would contribute to Q12017 operating profit... so that RM 150 million is just an estimate.

Forex gain around RM 20 million. So you get, RM 160 million profit before tax (after minusing some finance cost).

In Q12016, forex gain was RM 110 million and that helps push up the profit in that quarter. For what forex gain we are not getting in Q12017, we will get in Q22017 or Q32017 because MYR appreciation occurs slowly but continuously firm.

I think 2017 would be a very good year for AAX. Our party in 2016 was spoiled by forex losses in Q2 , Q3 and Q4 2016. In 2017 , our party for Q2,Q3 and Q4 2017 will be helped by forex gain.

Depends on the result. If it is really good, there will be waves after q1 release.

when will actual result comes out ?

In 2016, AAX average load factor was 79%. This quarter , load factor is 84%. Higher load factor means highers volume at same cost, and higher average ticket price because the business model made ticket price increase as directly proportion to load factor.

Edmund Soo ~ agree with you. I hope so.

AAX-WA Buy percentage = 37% in the morning and currently Buy percentage = 69%.

Buy on dip ?

Henry Chan ~ TF said 2017 is AAX year.

Last chance to noard , last chance to board. Free first class ticket finished. Economy ticket left minimal. Dont miss the flight, else miss free holiday !

The only teason why AAX was sold on news last year was because the profit was not up to expectation. If we assume average ticket price RM 1,000 per passenger, translate revenue to RM 1.4 billion. Around 20% profit margin, this translate to RM 280 million profit before tax. PAT would be around RM 210 millon. So, the whole profit in FY2016 is obtained in Q12017. Wont that be wonderful ? At less 30% passenger last year, AAX chalked up RM 179 million profit. So, minimum estimate would be RM 200 million profit for Q12017.

Based on that operating result , i estimate AAX profit after tax around RM 238 million . Of course , it will go up . Buy slowly , dont be piranha, okay !

Volume is a bit slow because most investors are holding their position. Waiting for contra players to throw down ....they still make a little profit.

For AAX, I am twice lucky. In 2016 , in entered mother at 20cents and WA at 7cents. And in 2017, i entered mother at around 40cents and WA at around 19.5 cents. Holding them tight because it will be a good stock in year 2017.

Why sell so early Kenteoh94 ?

Do you accept my propposition , chinaman ?

Chinaman is promoter of Mui and from Calvin Tan group , the counter where many of my chinese friends, aunties, uncles, brother and sisters got their money trapped at 0.28 and keep holding the shares for 5 years. Well, it is better to give money to charity than to give to an old rich man in order for him to pay his ex-wife especially as MUI has made 3 cobsecutives annual loss or 12 consequtive quarters loss. So ignore chinaman, he is a sore loser.

Ok now lets deal it this way. If you continue your nonsense in AAX forum, I will condemn MUI iforum 20-30 times a day unril no one will ever want to buy that stock anymore. State your disagreement by you or anyone giving false information again in AAX forum. Then you shall see how i react.