nice one today . what does "huat" "huat" mean ?

I have to say this again, the mistakes that IB analyst even the CFA one is that they always live in the past , not in the present and never in the future. That is why never ever trust any IB or analyst and even MrPouper... if you read what he wrote, you will understand what i say. do your own analysis and put your trust in it , and faith in God when something goes wrong.

In my opinion, CFA analyst works well on certain scenarios that use a lot of past data in a company financial reports. But we are living in present day, and when structural changes occur too fast to be captured in past financial report, their analysis could be screwed up if they fail to recognise these changes. When their bosses instruct not to release some privy information, as what jjchan claimed , CFA analysts merely become rubber stamp. So, you trusr IB recommendations ?

acesiv: spss is for old timers....good and robust...nowadays, i can do many things with the apps created by the largest software company in the world - microsoft.... if i desire something created from the heart to do fancy algoritms, then R- studio is the one ....professors around the world work on it, in an open ecosystem for the whole world to use without a penny to pay.

nah , money can stay but after july ?

1Q is good but for continued investment , at this point , i am looking at 2Q. Exchange rate, yeah a big factor - it affect maintenance cost, lease cost, and forex loss or gain, and translational fuel cost. Whatever it is, aax had done its best, now that external factor will influence.

Drop in RM is not good for aax..... if this is not reversed , then Najib will face negative sentimenrs from not only from the investors of FGV but also investors of aax. It is up to your highness , what the direction would be.

i hope 1mdb does nor matter much, unfortunately, i notice that ringgit drops when oilbprice increases, FED does not increase interest rates and 1mdb was accused by ipic that it defaulted its interest loan payment. I dont know. Maybe qwerty, aceso and stockmanmy call this coincident ? there are quite too many coincidence in 1mdb story.

All frozen pending investigationsss. Hope the investigations by outsider is carried out fast.

My worry is only on 1MDB, that is the single factor that could knock off AAX positive earning. USD in appreciating against RM even though FED did not increase interest rate. What that mean ? What that mean ? I knock my head everytime I read Malaysian money frozen in Hong Kong, Singapore, US and Switzerland.

Of course stockmanmy - economics uses one term that Goldenshares has written - "other things being equal." - ceteris paribus.

I ran through some calculation many years ago on correlation between US Presidential Election and KLCI, roughly 80% of time KLCI rose.

US presidential election is a single biggest event that may make market turn positive in 2016. So, not much selling in June for this year. All gear up to buy for end of year bonanza.

most , that is the word that I use.. not all , stockmanmy.

stockmanmy : There is 0.5 correlation between KLSE and US presidential election. Care to check, :

http://web.usm.my/aamj/6.2.2001/6-2-6.pdf

Trump ? Hope he lose.

i am not sure about non-farm payroll data, but Malaysia market do go up during most of previous US presidential election event. There is some correlation - example Japanese yen goes up, why Nikkei down and KLSE down ?

november us presidential election , in most cases market up in the year of presidential election

Lacking news, AAX follows general market sentiment. The only storm that I see is the 1MDB storm.

hi lspee : I would love to hypothesize that some local institutions fund and big sharks are buying. If you care to check , local institutions were net seller before foreign fund did, and they would want to buy before others start to enter again. With this, I place great admiration and respect . Their system and software could diagnose before major sell-off and they move out fast while retailers and some foreign funds were still buying. And while others are scared to buy, they bought. Beautiful.

hahahahaha

people can do contra if they wish , if tomorrow and 7 days after that go back 20 and 32.5 ? how ?

I am in for long term. Dont worry.

now you see madness people grabbing the stock

I also add some aax-wa

so fast sell ngch ?

crude futures will remain below USD50 for a long time to go. Shale gas will come in once it touched 50. Iran and Iraq has not pumped out their maximum available capacity yet. Renewable energy in Prius, Tesla, would drive carbon fuel demand down...So, I expect 2016 and 2017 to be stable years for airline.

francishuat : Be patient. Market needs time to adjust. Like you, I am also caught with Asian market sell-off. I just need to trust the reasons why I invest in this company. Instead of selling I am purchasing. Don't sell low and buy high. Hope that everyone will be relief this afternoon @ 5.00pm.

ngch : very logical but anything is possible in stock market

at leasr we know rfund managers are slow in taking action to sell BAT. This selling should had been done in December 2015 if they could consruct price elasity curve of demand with respect to increasing price due to tax.

gkhan : yeah, sudden increase of tax 36 % , and competition from much cheaper illegal ciggy plus new trend - vape, very clear their profit had dropped so much that certain fund manager reduce exposure.

what thats mean ?

1MDB is negative for Malaysia reputation. I hope the management team of 1MDB is charged to rectify the loss of reputation.

Market had dropped a lot and still, AAX price is higher than where it was 2 weeks ago. There is big support there. 3 weeks more to Q1 result release.

There must be an economic or political reason why BAT drops so much. Recently, cigarettes tax had been pushed up a lot. So demand is dropping due to its price elasticity, it may had affect the revenue. Some insider news may have leaked out ?

yes hng33, I think it is time to top-up AAX.

Good morning Yen Leng, have not studied Inari before , will have a look at it this evening if time permits.

everyone is selling globetronics and skpetrol .... you bought lee yih yeong ?

those who sold will bite their fingers in three weeks time

every single time tony spoke about turnaround of aax in internatinal mag, aax increase by 30% . if he speaks la lot , thats the best marketing strategy

when everyone knows aax makes tonnes of money , everyone can fly

give it three more weeks the latest , aax will fly to a new maximum height. what tony had to do is to give exclusive interview to BBC , Bloomberg and a few other international mag that has great presence.

kueh : just top up.

sakurya ,: possible explanation - not for conversion or it is going to be more than 70sen in the future.

Sayakamiyuki who asked people to follow him or her to buy at 38 sen to 39 sen is now hiding. Malu mahu tunjuk muka. If instead of condemning AAX and arguing with me, sayakamiyuki should has bought the share at 30.5 sen. Even at 34 sen now after the drop, you still have profit more than 10%.

Next week market would be stabilised. This week market shivers --> Bank of Japan applies negative interest rates and Japanese Yen soar up. Improbable yet possible.

In January, Public Bank gives 12 months target price as 28 sen. Now, it gives 36 sen for 2016. Next three months, it will give a different target price. Since PB target price keep on changing.... can you trust its calculation ?

So that two above comment is a reply to lspee.

Globetronics fall-out create fear. Unfortunately TNB result is not encouraging (I dont know why the operating expense increased by RM800 mill) and any downwards movement in TNB would make KLSE be in red. Others follow through. I reckon AAX result should be very good. If you look at the zig-zag in its price, better wait a bit until the dust settles if you wanna buy. Many contra player would kena force selling in one of these days.

Ok I retype... Japan Yen apprreciated and Nikkei falls. So is SSE (Shanghai) , KLSE ikut-ikut saja. As we know, Japan and China house some of world biggest manufacturers and exporters. Appreciation in their currencies made their pricing as non competitive. Malaysia - Globetronics, also an exporter / manufacturer had share drop. So, I hypothesize fund is repositioning their money to different sectors.

there is a bug in the website. My comment cant be posted ?!