Lol
Many ppl hold since IPO

This is share market , not genting highland
Act hero won't survive

Great news for AA on MAS rationalise
GMT short sell will burn hand ?

Please check profile of Robert Medd from GMT.
He was working for Goldman sach to "generate idea for hedge fund"

you know what thing those hedge fund doing.
Airasia is under sniper scope of international fund.

typo
*we are living

EU banned is not just opportunity to EU only.
Please keep in mind we are leaving in the world which have lot standardized thing.

EU is one of the largest organization who come out all this standard.
Now if they doubt on your airline , the rest of the country who applying EU standard might do the same.

This is domino effect.

http://manilastandardtoday.com/2015/06/24/europe-lifts-ban-on-ph-s-airasia/

Airasia Philippine banned from Europe Union route.
only Philippine Airline and Cebu Pacific got the approval.

Something wrong to AA group oversea affiliate.
TF seems losing control on his oversea affiliate on management level.
They didn't do thing correctly or missed out something important.

AAX need a sustainable business plan.
As a investor , we can't just keep looking at bank / investment bank and follow blindly.
They give suggestion but not guarantee.
They wouldn't slash the target price to zero even if they think a company didn't have a sustainable business plan.

GMT research is making lot unnecessary accuse.
For me airasia account is transparent enough for investor to analyze.
Every quarter report are included the loses of oversea affiliate as well

Strongly suspect they involve in short sell activity.

Does the transaction of Melaka land materialized ?

China aluminium export increase 20% yoy.
http://finance.yahoo.com/news/china-aluminum-exports-rise-20-170702415.html

no more surprise on GMT report.
Now just need institute investor to cash in.

but TF need to revive PAA & IAA in order to convince institute investor.

China factory just bought lot of Bauxite from Australia.
Hope their future export of aluminium product wouldn't cause thermal nuclear war at the market.

Pmetal price rise following aluminium price hike.
now aluminium price keep dropping.
will Pmetal price follow as well ?

pan borneo highway is silent
Only politician making noise now

GMT research seems linked with those international short seller and sniping Airasia group.

airasia price seems will stable for a while if no more "shock" news
TF need perform and deliver his promise to turnaround affiliate in order gain back trust from investor

Those skytrax award , this award and that award wouldn't help on their business.

people wouldn't choose airasia instead of full service carrier unless there is a good discounted ticket price.

Please keep in mind that MAS is 5 star FSC before they delisted and bankrupt.

rMoi
Already told you before.
They have problem with their expending strategy.
Too many affiliate are making loses and TF will take Airasia money to bail-out affiliate.
And you keep talking about accounting technique may shield AA from affiliate loses.
Even if accounting technique shielding AA temporarily from affiliate loses , it didn't solve the problem because affiliate still need funding to run their business. And only their major shareholder will providing those fund which including AA.

China tourist to south east asia decrease rapid since those tourist divert their travelling spot to north east asia country which possible hammer AA load factor.
Business is not that simple as fuel price drop and they will benefit from it.
Even if fuel price drop , Load Factor is dropping even faster and how the company going to cover ? the end result is cash flow issue which they facing currently.

The only highlight of Airasia is TAA but personally i don't think TAA alone may provide enough positive cash flow for AA to overcome issue of IAA , PAA and India AA.
Besides , with cash flow issue AA might on-hold startup of Japan AA which means they will missed the boom of China tourist to Japan (tourist from China to Japan increase 44% yoy).

Hope AA asset is enough for TF to keep selling for surviving.
They didn't have bottomless funding like MAS having.
And they didn't have a large enough dominant market to provide them income for non-stop oversea loses.

TF try to convince investor with his fund raising plan
but market don't buy his plan.

Airasia's success is built-on failure of MAS
But now even MAS also restructure and start fight back. And becareful with new CEO , he is somebody in aviation industry.

Airasia claim that they might benefit from MAS route rationalize , but in actual MAS is taking advantage on Airasia.
Those route MAS reduce capacity or cancel are not overlapping with Airasia X but most of the route Airasia X cancel or capacity reduction are overlapping with Airasia X.

MAS backing up by our sovereign fund.
Who is backing up Airasia ?

Airasia's success is built-on failure of MAS
now even MAS also restructure and fight back. And becareful with new CEO , he is somebody in aviation industry.

Airasia claim that they might benefit from MAS route rationalize , but in actual MAS is taking advantage on Airasia.

Those route MAS reduce capacity or cancel are not overlapping with Airasia X but most of the route Airasia X cancel or capacity reduction are overlapping with Airasia X.

MAS backing up by our sovereign fund.
Who is backing up Airasia ?

Airasia not just account problem.
but also their cash flow

They couldn't win competition at oversea market especially philippines & Indonesia who have strong local LCC existed in the market.

I always told rMoi that TF surely will try to use Airasia's fund to bailout it subsidiary.
That is that he always refuse to believe and always claim that it is only small money.

look at the situation now, TF try to convince market that Airasia is sustainable with new bond & asset selling for fund raising. But share price still dropping. It is crisis of confidence level and investor stop believing in TF legend.

any , 1MYSOT's fund from Malaysia Federal Government as well ?
or 1MDB ?

Besides 1MYSOT ,

maybe Benalec should talk to international player and also Jurong refinery straight.
Petroleum storage industry are now hot cake.

No point to look at 1MYSOT alone but also other possible partner in order to diversify company's risk.

EPF keep acquiring means their trying to hold the market.
Airasia having many foreign fund in their shareholder portfolio
and recent foreign fund retreat direct impact on Airasia.

Disposal of Expedia will materialise in 2nd quarter report ?
1st quarter report only shows the earning from Aircraft disposal

the first quarter sell aircraft , second quarter selling Expedia
not really a healthy way to resolve issue

if you are cash rich company , will you selling asset or take cash to hedge forex ?

i suspect management level is worrying cash flow line breakdown in future
this they selling asset to bring in more cash

in other word , I can understand it as management level is not positive for airline industry in future
else they will choose to expend but not defense

of course , what they doing now is make sure AA follow step of MAS and protect investor

goodcompanies

this is what I thinking as well an this explains why AAX losing so much on Forex
AAX didn't have much asset to sell .

so now in order to keep forex loses in-control , how many asset AA still able to sell is the key of their future .

Actually AA's FOREX hedge is done by selling asset like aeroplane in USD or how ?

this is the only reason come into my mind how they against FOREX loses.

http://www.theedgemarkets.com/my/article/aluminium-set-biggest-monthly-loss-2-12-yrs-supply-glut

Global aluminium price drop due to supply glut.
China's export to global market keep increasing.

North Asia country import aluminium from China factory may save in transportation cost as well.
They seems more competitive than Pmetal even though Pmetal choose Bintulu to cut transportation cost.

AAX's major competitor MAS seems starting back on track now.
The new CEO seems able to come out something.

USD Forex look stabilized for this moment.
but Yellen's 1 announcement will turn it around.

AA & AAX are exposed to unnecessary risk.
all this risk are manageable but it is too late for now on any attempt.

Forex risk is always ignored by Malaysia company.
Many company doesn't see how important it is to lock their forex in comfort zone until shit happened.

airasia has incorrect fuel hedge strategy which make them fully benefit from oil price drop compare other buying with retail price

http://www.theedgemarkets.com/my/article/airasia-x-dips-566-wider-net-loss

Forex loses of AAX increase Triple to 89m.
Still waiting AA's report

http://www.theedgemarkets.com/my/article/airasia-x-dips-566-wider-net-loss

Forex loses increase Triple to 89m.

how many quota of Maybank Stabilization remain ?

cchin ,
we doesn't need insider news.

Their flight statistic already told us what will happen to quarter report.
Load Factor dropped , ASK increase more than RPK.

they might take QZ8501 incident as excuses during upcoming quarter report.

Panic selling started ?

besides , can you describe more on MFRS128 to us.
It seems like you have some misunderstanding on it according to your previous comment.

i found that this technical english is copy paste from airasia report but it is okay , a good knowledge for me.

MFRS128 is just cover the issue of oversea affiliate from paper but it doesn't resolve the issue.
As long affiliate is still bleeding,it is either MAA gave up affiliate or take out money to bail them out in future just like AAX.

please be remind that MAA own share of affiliate but TF is not.
All bail-out fund will only come from MAA & oversea partner.

you may take the accounting term and show off here.
To be honest i'm not accounting specialist.

but you need to understand Airasia's business structure.
Where IAA & PAA got their aircraft ?

just feel like upcoming quarter report wouldn't look good.
they already materialize sales of Melaka land completed last year ?

Keep going down
Need more contract to catch investor eye ball

Interesting to see how the price react after Maybank run out of stabilise quota
67% quota used right now

Dangerous is.... dont know who are selling....


Foreign funds are selling again... selling AirAsia X like no tomorrow....


May just sell AirAsia too just because of the "AirAsia" brand name.. confused like a lot of others?? ; )



Do you really think that a person who holding that much of AA share and able to pressure price down will confuse AA & AAX relationship ?

TF wouldn't give up AAX unless he really run out of money.
It is opportunity cost matter and it will spend him long time to setup new long distance LCC model again in future if he give up now.
Besides , TF personal holding 49.88million AAX share. you think he will just let go ?
Personally , i think AA or Tune Group or TF will bail out AAX if AAX really need funding to survive.

rMoi ,

The simple question , will airasia need to pump additional fund for AAX new share ?
or TF will just let AA's portion in AAX dilute ?

for the IAA & PAA ,
I gave up and please enlight us.

Airasia is seeking buyer for their loyalty program - Airasia Big
They can hold with AAX loses already
They may need extra fund to bailout AAX

Without a solid fund as backup
Now MAS is waiting for AA/AAX to die

rMoi

Are you speaking English ?
IAA and PAA doesn't matter to airasia ?!

LRT station is located at SS15.
around 15 min walk distance to subang parade

still got ppl playing this company ?

Does Gkent give out any Dividend for 1st quarter ?