the signs are there.. people want the shares to gown below 1.75 for YES votes at the egm....

Hundreds of passengers fume after cancellations, delays ground AirAsia flights
BY JAMES SIVALINGAM - 1 MAY 2016 @ 11:51 AM

KUALA LUMPUR: Hundreds of AirAsia passengers were left fuming yesterday following a raft of flight cancellations and delays by the low-cost carrier.

It was understood that the flight cancellations and delays involved not only local destinations, but also those abroad.

Among the routes which experienced delays or cancellations yesterday included Hong Kong and some destinations in India.

One Facebook user Latha Ravi, took to social media to vent her frustration over her flight's cancellation.

According to her posting, AirAsia had only informed her about the cancellation three hours prior to the flight's scheduled depature.

“How are you going to compensate for loss of hotel night and stress of rebooking?” she asked.

Another user, Clementine Windisch said, “First they promise you to refund your money, then they do not respond on your requests anymore.

“No one feels responsible, it's an eternal circulation," said Windisch.

A similar situation had occurred in Decemberlast year, with a series of lengthy delays affecting AirAsia flights. The problem had been blamed on a "flu epidemic" which apparently saw 12 pilots take sick leave.

In a statement late last night, AirAsia confirmed that it had been experiencing flight disruptions.

However, the airline would not comment on the cause of the delays and cancellations.

"AirAsia confirms that we have been experiencing some flight disruptions since Saturday evening which had caused inconveniences to our guests.

"This is highly regretted and we are working to normalise our operations and reduce these disruptions.

All affected guests are being informed accordingly and necessary assistance are being provided.

AirAsia sincerely apologises for the inconveniences caused."

wait at 1.75. That's the price which shareholders will feel it's fair and with this positive sentiment they will vote "YES!"

i will wait at 1.58

long weekend ahead.. these pokai sold off all their AA shares. waiting for it to drop so that they can play again..
Now all turn negatives and calling aireen pokai queen. Few days ago want to kiss her...wakaka. Happy trading.

you buy you die...

very bad q result?

drop again

Sell on news. Buy back 0.80

Tony need get approved for AA sake. To get shareholders approval, he must push the price to below 1.80. If not, pp won't be approved and AA financial will be in trouble. Hope AA bosses not like sona management. Wakaka. 101 logical thinking.

margin call tomorrow and friday force selling

Dropped due to this?

Monday, 25 April 2016 | MYT 11:41 PM
Salcon to dispose of stakes in 4 Hong Kong-based firms...one not successful

Price will be pushed down to below 1.80 before egm. If not, who will want to vote yes and give TF extra millions.... Just like sona egm. Most funds voted NO!

epf got duped...what else.

Sona fails to secure shareholders' support for QA acquisition, only 22.61% voted in favour of the buy

yea. if at 2.00 i will vote no. pp buy at 1.84 and after that, there will be dilution. why shud i vote yes for you. you win two times i lose double. wakaka. sell

fainted...

if 4.00 broken, lau-sai

margin call

somebody trying to bodeh someone..hehe

Sure below 1.70 on egm day. By then pp of 1.84 sure approved.

Buy now for rebound tomolo. Takut juga.

falling knife

sell

buy when it goes down, sell when it goes up. Don't keep it.

never trust and believe what you read here. Do your own analyst and don't be greedy..

I wait at 1.90

Yap is in cahoot with syndicates. Creating fears so that a) If price go down, they can accumulate more. b) they wallop more shares at higher price while others dared not buy until its too late. wakakaka

hope it go down next week then can buy back more...sell sell sell.

most likely TF seling to keep price below 2.10 till egm. Shareholders wont be happy if price shoot up to 2.5 on egm day.

better sell. money get trapped like cliq for at least one year. take money buy aa/aax/aax wa

sell on friday buy back next week

Thursday, 21 April 2016
Sabahans set 939MW record

KOTA KINABALU: Power consumption in Sabah is seeing a dramatic spike daily despite some relief to the scorching heat coming from inter-monsoon rains.

A record 939MW was recorded at 2.45pm yesterday. Officials said it was the first time that demand had crossed the 900MW mark during the daily peak hours – 2pm to 4pm.

Officials with a power utility company said normal peak hour demand was over 800MW even during the dry spell since February.

“It is clear that people are using more power, including for air conditioning, due to the weather,” said an SESB official.

Meteorologists noted that the temperature was highest at 34°C at 2pm in the Kota Kinabalu area.

Many people have resorted to using air conditioning throughout the day and they expect their electricity bills to skyrocket.

No wonder gapped up today.... missed the boat. Can still jumped in? wakaka

Bumi Armada seeks US$276m contract 'termination payment' from Woodside

FILING OF STATEMENT OF CLAIM IN THE SUPREME COURT OF WESTERN AUSTRALIA AGAINST WOODSIDE ENERGY JULIMAR PTY LTD

Bumi Armada Berhad wishes to announce that its wholly owned subsidiary, Armada Balnaves Pte Ltd (“ABPL”), has, on 20 April 2016, filed and served a Statement of Claim in the Supreme Court of Western Australia (“Statement of Claim”) against Woodside Energy Julimar Pty Ltd (“Woodside”) in relation to the contract for the charter of the Armada Claire Floating Production Storage and Offloading unit (“Contract”).

In the Writ of Summons filed by ABPL on 14 March 2016, ABPL had sought from Woodside, among others, an unquantified amount of damages for Woodside’s repudiation of the Contract, by its purported termination of the Contract when it issued a notice of termination to ABPL on 4 March 2016.

Under the Statement of Claim, ABPL has made a claim for damages in general for such repudiation, and the amount of such damages has now been quantified by ABPL to include the sum of USD275,813,698.63 (being the amount of the termination payment to which ABPL is entitled had the Contract been terminated without breach) plus any additional damages for loss of bargain caused to ABPL as a consequence of Woodside's repudiation of the Contract. An additional sum of USD7,700,000.00 was sought for work done and materials supplied pursuant to the Contract.

Bumi Armada is of the view that there are reasonable grounds to expect a favourable outcome in respect of ABPL’s primary claim against Woodside on the repudiation of the Contract. Notwithstanding the foregoing, the award of damages in the event of a favourable outcome is subject to final determination by the court.

Bumi Armada will continue to provide updates from time to time on any further material development on this matter.

This announcement is dated 21 April 2016.

lagi tulis, sona lagi turun. semua kiasu...jual

Datuk K bog 15million AAX WA. Strong show of confidence mother price will go up above 0.46

OMG! down again tomorrow

game over

Kuwait Crude Output Drops 60% as Oil Workers Strike Over Pay
Anthony Dipaola
April 17, 2016 — 2:11 PM SGT Updated on April 17, 2016 — 9:28 PM SGT

http://www.bloomberg.com/news/articles/2016-04-17/kuwait-refineries-operating-after-it-says-oil-workers-walked-out

Doha oil producers close to agreeing output freeze: sources
CommoditiesApr 17, 2016 12:41AM ET

By Rania El Gamal and Reem Shamseddine
DOHA (Reuters) - Oil producing countries meeting in Doha on Sunday appeared close to agreeing on an output freeze to prop up crude prices, the first such deal in 15 years, official sources told Reuters.

A draft agreement circulating in Doha and seen by Reuters says countries' average daily crude oil production in each month would not exceed the level recorded in January this year.

The freeze would last until Oct. 1 this year, and producers would meet again in October in Russia to review their progress in engineering "a progressive recovery of the oil market", the draft reads.
Final agreement has not been reached on the draft, but several senior sources in national oil ministries said they believed a deal could be achieved.

"I am optimistic," acting Kuwaiti oil minister Anas Khalid al-Saleh said on Saturday of prospects for a deal.
"‎There is only one proposal. Freeze at the January level till October," another delegate said, declining to be named because of political sensitivities. "There is a proposal to meet in October and to look forward."

"We have a deal," a third senior oil source told Reuters.
Over a dozen oil-producing countries inside and outside OPEC have officially confirmed they would attend the meeting in Doha - although major producer Iran has said it would not participate as it could not accept proposals to freeze its production.

During the freeze, producers would continue to consult on the best ways to bolster the oil market, and the deal would be open for other states to join, the draft agreement says.

The draft provides for the creation of a "high level monitoring committee" of two oil ministers from OPEC countries and two from non-OPEC countries; they would be assisted by a working group of experts.

Although a freeze would be a significant step for oil producers, it would have only a limited impact on global supply and the market is unlikely to rebalance before 2017, the International Energy Agency said on Thursday.
The role of Iran, which wants to ramp up production after the lifting of economic sanctions on it in January this year, is a key issue overhanging the Doha talks.

"We have told some OPEC and non-OPEC members like Russia that they should accept the reality of Iran's return to the oil market," Tehran's oil minister Bijan Namdar Zanganeh was quoted as saying by his ministry's news agency SHANA on Saturday.

"If Iran freezes its oil production at the February level, it means it cannot benefit from the lifting of sanctions."
Publicly, Saudi Arabia has taken a tough stance on Iran. Deputy Crown Prince Mohammed bin Salman told Bloomberg in recent days that the kingdom would only restrain its output if all other major producers, including Iran, agreed to freeze their production. It was not clear if Saudi Arabia would stick to this position at the talks.

http://www.investing.com/news/commodities-news/draft-doha-agreement-would-freeze-output-until-october-395954

Dry seasons, droughts come and go every year.. never hear them building dams and treatment plants except those planned years ago. Salcon another trap... come end May, dividend only 2sen instead of 3sen last year. How to go to 0.84?

sell house sell car buy AAX... Sell backside buy AAX-WA sure win wakaka

margin call...price go down below 0.70 next week, , margin call again...

epf taking a break? was hoping going below 0.70 this week

when people ask you to buy, it's time to sell. wakaka

"The new plan requires at least an additional layer of approval -- that of the Securities Commission to exempt Platinum Autumn from the obligation to undertake a mandatory takeover offer on Sona."

Still look fishy to me. I think it is better to delay the egm until approval is obtained. If we okay the QA and SC reject the new plan (Like cliq case), not enugh money to be give the promised 8sen and QA approved..how?

yea, all must buy more AA and keep till egm. Then we vote down PP to tf, sure gap up to RM3 after voting result...wakakaka

fuyoh, gia beli nanti gila mati...wakaka

HSR won't happen for the next ten years...why worry?