slowly going downward.
enter downtrend if keep dropping this week.

profit is low since cut throat for 25%.
MAS also need to survive.

Below 20 sen after quarter result posted ?

TF though they killed MAS.
but end up they killed themselve.

MAS have a solid funding backing them up.
Now we should see how TF funding for his AAX.

I'm interested to see the performance of PAA vs Cebu Air.
Cebu Air is competitive as well

Capacity increased 5% but passenger carried only increased 3%.
look like expenses is going to raise again.

most of the cash of AA generated by MAA which load factor decrease from 81% to 75%.
no matter how high TAA load factor jump also couldn't cover back the decrease at MAA.
It is not apple to apple comparison.
It is Durian (MAA) to Ciku (TAA) comparison

Besides , look at IAA performance.
They have serious problem at Indonesia. Lion Air is not easy compatitor at their domestic market.

Why Nissan CKD kit payment in USD instead of Yen ?

Nissan Malaysia car really lot problem.
Me and my friend's Nissan from Slyphy to Almera all having issue.
4 people 4 car...

need 1 more quarter loses only will bring down the share price

today AAX already proven that there are no such thing call Bottom/support price.
there is not lowest , only got lower

AAX new share is RM0.22 per share.
if i'm share holder and got the new share , surely i sold it if current market price is higher than RM0.22 for profit taking.

this will pressure AAX share price in short term.
maybe even worst after the execution of new share.

Will airasia need to subscribe for AAX new share ?

that is a black hole

HQ close also so tension.
maybe they wanna shift to Tg Piai ?

JKing - didn't visit Pengerang.

Pengerang confirm won't stop no matter how.
Petroleum already filling into Dialog's Silo and petronas is coming out tender for new power plant.

going down with market

Back 2.27 again
Market is bad now

Went to tanjung piai yesterday

Some unknown reclamation ship already park at tanjung piai.
And somebody is constructing new border along the beach .
Seems like preparation work for reclamation already started

speculator out from picture after profit taking ?

If middle east need economy transformation they need to spend a lot for their infrastructure.

Sendai just need time to materialize it.

maybe i'm wrong , but base on the data analyse from what we having in hand
they have problem at short term especially 1st quarter.

Unless you have internal news can share with us

this is minimum losses of their balance sheet for 2015.

cancellation of fuel surcharge start January 2015 and QZ8501 crashed on 28th December which most impact result in January & February 2015.
Airasia halted all promotion and advertising activity for whole month due to QZ8501.

Personally i don't understand why you all so confidence for Airasia short term especially 1st quarter result.

Moi , when you calculate how much the jet fuel airasia saving
Do you calculate how much they lose for cancel fuel surcharge ?

airasia group carry around 50million passenger last year , each person fuel surcharge RM 20 to RM150

Lets calculate RM 20 per pax time 50 million

they lose 1 billion.

1st quarter's financial result wouldn't look good.
QZ8501 crash on Sunday, 28 December 2014 .

2015 1st quarter result is the deepest impact from QZ8501.

Airasia halted all promotion for whole month remember ?

Steadily go downward

Moi read careful
It is EXPECT raise dramatically

anyway , Benalec's boss need to speed up negotiation with 1MYSOT for land selling.
Else the share price will only remain at current stage.

Vintan , he don't understand or he try to spread incorrect info on some purpose ?
you and i are not sure.

what is for sure , we are long term investor but not speculator.

Maybe he is just trying to spread some news and hope he can press down price at this forum
so he may accumulate more share

when crude oil price getting lower , not everyone in the industry get impact.

Look at our petroleum transporter - MISC
and you tell me what is their share price now , how many percent it raise and why it raise.

i'm speechless now ....
Who is invest for housing at Johor at time like this.

Tg Piai is facing Singapore toward singapore's Jurong
Jurong having plenty of existing petroleum refinery which need a larger Storage to store their raw material and finished product.

Reclaimed land will seek for Oil & Gas industry company invest but first priority is construct an Storage facility to serve Singapore Jurong's refinery.

just turn on your google map and search for Tg Piai and Jurang.

Malaysia need a huge storage thus we may start Crude Oil Exchange & Petrochemical product within our country.

This is the industrial upgrade and huge business opportunity for Malaysia , Petronas , Bursa Malaysia & MISC.

So much of politician , local council and oversea support to protest at Pengerang project .
Does Dialog stop ?
Does Petronas stop ?

Dialog's port just welcome a VLCC to transport crude oil to their storage.
Petronas issued contract to build new power plant at Pengerang.

Does they stop ?

Pengerang & Tg Piai project are trigger by commercial needs
it is a commercial project , not crooked bridge requested by politician.

Ah ha ,

the lower price of crude might accelerate / stimulate construction of Oil Storage facility.

What is the reason of crude oil price drop ? It is because of oversupply
Where to store those oversupplied crude oil ? dump to pacific or dump to river ? You need a storage.

USA's strategic oil storage capacity reaching bottleneck already
And china is storing their own strategy oil storage. China's phase 2 storage almost fully occupied and the phase 3 storage facility might only available few year later.

The world need storage now and here we come Pengerang and Tg Piai.
This 2 place located at world busiest crude transportation route. 1/3 of world crude oil transportation passby strait of Melaka.

And if we check KLIA traffic and we will found that AirAsia load factor of 1st quarter are lower now
What does it means ?

Loss in fuel hedge and USD forex already make them loss at last quarter
This is truth .
This is proven.
This is undeniable.

Are USD get lower compare to last year ?
Are fuel hedge at price average or lower than market price ?

history might repeat again at coming 1Q15 report

When they assume to consumpt 1m barrel jet fuel and hedge 0.5m PPP ossbarrel fuel at average USD 88 for 2015 , the low fuel price make them loss at hedging activity

If they can't even estimate how many fuel they needed per year , what else they can manage ?

If they all take money for hedge activity it only contribute loss to their financial report . ntg to do with projection.

is Insas have Vincent Tan's background ?

Thong Kok Khee is Berjaya Corp Director

FKLI13
we dont comment and come out the 50% hedge at USD 98.
We don't speculate.

It stated in Airasia's own quarter report.
you can check it at airasia's web site.
If there is fraud or speculate , we all get scam by TF and no one else.

this price hike not caused by investment market or other reason , it is due to Production cut
the only reason caused oversupply and the only reason caused price drop.

Lets see how long more US O&G industry able to survive for crude oil production with such low price.

p.s: US producer have much higher cost per barrel compare to middle east producer

Before AA / AAX able to enjoy benefit of crude price drop , it start raise as US production cut

http://www.reuters.com/article/2015/04/14/us-markets-oil-idUSKBN0N502O20150414

Before AA / AAX able to enjoy benefit of crude price drop , it start raise as US production cut

http://www.reuters.com/article/2015/04/14/us-markets-oil-idUSKBN0N502O20150414

Inari RM3.5 is only result that Insas holding valuable asset.
the most important is Inari's dividend to Insas, that is Insas' earning.

Same like property developer , buy a land and didn't build anything
land evaluation shows the land is valuable , but company got money come in if didn't do anything ?

sendai still need few more contract to proof their long term sustainability

actually i don't understand why they cancelled Fuel Surcharge while their 50% fuel consumption hedge at such high price.

AA force other budget airline to follow fuel surcharge cut when other airline buying fuel at open market with cheaper price but AA hedged at high price.

personally i think TF is seeking cash flow for possible losses in FOREX.
AA investor better pray FED didn't raise interest rate at June.

TF wanna public list AA Indo & philippine because their group might run out of money if any emergency happened or USD continous raise.

public list just to bring in cash flow to the group and minimize their risk in near-end.

If you have a business which able to make few hundred million per year for sure , will you sharing with other ?

TF wanna public list AA Indo & philippine because their group might run out of money if any emergency happened.

public list just to bring in cash flow to the group and minimize their risk in near-end.

If you have a business which able to make few hundred million per year for sure , will you sharing with other ?

today lost power...
aiks

Maybank research

1Q15 was bad with low load factors (management guided mid-70%) and soft yields. Furthermore, AirAsia had hedged 50% of its 1Q15 fuel requirements at USD98/bbl which put it at a disadvantage against its main competitors, Malaysian Airlines and Malindo Air, which purchase fuel on the spot market.