LOL, director still buying warrants, bog ten millions d. Good future?

disel 1.80 in September. Good for KTB

Analysts slash target price on Bumi Armada after net loss of RM292m in 2Q

http://www.theedgemarkets.com/my/article/analysts-slash-target-price-bumi-armada-after-net-loss-rm292m-2q.

going lower..0.36 support?

Next q sure got impairment loss again. So that impact not too damaging later.

Tomorrow Friday, weekend bersih, Monday holiday. Sure lah fund sold today.

down to 0.20? ....means q result no good...

if disel price drop another 10sen next month rakyat will be happi with the gov and KTB profit next two q will b green and dark green. wakakaka

DNeX appointed NSW service provider

DNeX appointed NSW service provider.

becoming insolvent

all new shares exercised from sold rapidly. going down to 0.20 next week

so dont subcribe the icp-i

Q RESULT NO GOOD?

you buy you die

force selling on syndicates and traders this few days will push the market lower. die die wakakaka

queue to buy at 1.20

Resign resign step down step down quit quit. whatever you call it. wakakakaka

Ah Jib MUST go for the sake of the country...

shit. shud have sold all last week.

why going down?

tomorrow rebound?

queue at 0.23

shud go back 0.06 soon

High risk high return? It's definitely a trap. Set up to kill greedy naive new comers. Higher stakes, deeper traps.

buy back next week.

sell on strength

sold half liow.

pushed up for major shareholders to sell.

more downside. force selling

Friday loh. sure red

Published: Wednesday August 5, 2015 MYT 12:00:00 AM
Updated: Wednesday August 5, 2015 MYT 8:22:58 AM
Ongkili: Takeover by Air Selangor can be finalised in 60 days

SERDANG: The Federal Government is optimistic that the handing over of the management of water supply services to Pengurusan Air Selangor Sdn Bhd can be settled within 60 days as planned, said Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili.

He said matters relating to the schedule of handing over of water management in Selangor and the Federal Territories of Kuala Lumpur and Putrajaya to Selangor through Air Selangor were also discussed at the joint meeting with ministry officials yesterday morning.

“In our view, with the cooperation given by the respective parties, we should be able to complete the transfer as scheduled,” he said during the ministry’s Hari Raya celebration at the Malaysia Agro Expo­sition Park here yesterday.

The signing of the Supplementary Agree­ment involving the Federal Government, Selangor, Pengurusan Aset Air Berhad (PAAB) and Air Selangor saw the parties to the agree­ment given 60 days to fulfil the conditions in the Master Agree­ment.

Ongkili said the authorities were still required to sign several documents, including the facility agreement as a PAAB requirement to issue an allocation of RM1.65bil to allow Air Selangor to take over the water concessionaires, including Syarikat Bekalan Air Selangor. — Bernama

earnings shud improve like hartalega - Hartalega Q1 earnings up nearly 10% to RM62.68m

Once change name, shud go north up up

many got caught between 0.295 and 0.305. wont go up today. If dont go up tomorrow, thursday T+3 heavy volume. die lah.

will know by the end of the month the truth.... but don't bluff about low load factors by saying flying with airasia and notice nearly 90% empty seats. wakakaka

AirAsia Bhd
(Aug 3, RM1.36)
Maintain outperform with a lower target price (TP) of RM1.88 from RM2.53: At the current share price, AirAsia is trading at an attractive valuation of six times the financial year 2016 forecast (FY16F) earnings, at its lowest historical price-earnings ratio.

We anticipate AirAsia to benefit from lower fuel prices, a more rational market upon Malaysia Airlines’ restructuring, solid long-term potential growth prospects and its low-cost competitive advantage.

AirAsia announced its preliminary operating statistics for the second quarter of FY15 (2QFY15), with the group reporting an increase in traffic volume by 11.3% year-on-year (y-o-y), or 5.2% quarter-on-quarter (q-o-q), to 14.2 billion revenue-passenger-kilometres (RPK), although its y-o-y load factor was flat at 79% (1QFY15: 76.9%).

Last Friday, AirAsia also announced that it had served a letter of demand amounting to RM409 million on Malaysia Airports Holdings Bhd ( Financial Dashboard) and Malaysia Airports (Sepang) Sdn Bhd for the losses and damages incurred by operating at the Kuala Lumpur International Airport 2 (klia2) and the Low-Cost Carrier Terminal.

We are keeping our “outperform” call on AirAsia, but at a lower TP of RM1.88 (previously RM2.53) as we have cut our FY16F/17F earnings per share (EPS) by 6% to 7% due to weaker ringgit forecasts, and given a 20% discount to our FY16F EPS of 10 times, to account for the risk of further losses and an unsuccessful fundraising exercise for its Indonesia associate, Indonesia AirAsia (IAA), and unrecoverable debts from its associates.

2QFY15 saw healthier statistics. In 2QFY15, Malaysia’s AirAsia carried a total of 5.95 million passengers (up 6.8% y-o-y) with seat capacity of 7.43 million (up 6.7% y-o-y).

Available-seat-kilometres increased to 9.1 billion (up 6.6% y-o-y) and RPK increased to 7.26 billion (up 6.8% y-o-y) due to recovering demand from China from May.

AirAsia managed to keep its passenger load at the 80% level, in line with the same quarters of the previous years, up 6.2 percentage points (ppts) from 1QFY15 (load factor at 75.4%).

Thai AirAsia ( Financial Dashboard)’s load factor was maintained at the 80% level, on the back of higher passenger volume and capacity growth, which increased 26.1% and 23.1% y-o-y, respectively, showing an improvement in its political situation and tourism industry.

IAA remains challenging after the QZ8501 incident. However, IAA reported a q-o-q improvement with a load factor of 72.7% for 2QFY15 (up 3.8ppts q-o-q).

Meanwhile, Philippines AirAsia reported 976,381 passengers carried in 2QFY15 (up 5.7% y-o-y), and achieved a load factor at the 80% level.

AirAsia India also did not disappoint with a passenger growth of 27.2% q-o-q and a load factor of 82.8%, due to the new routes and route frequencies added.

The letter-of-demand announcement came in after several news circulated recently regarding the sinking problem at the klia2. It is too premature to assess the value of the damage, hence we have not included this in our earnings estimate. — PublicInvest Research, Aug 3

AirAsia_DED_4aug15_theedgemarkets

This article first appeared in digitaledge Daily, on August 4, 2015.

shud go up. buy buy buy. let short sellers die, die, die if not let them go holland. wakakaka

Someone or two bluff about low load factors etc, purposely putting AA and AAX in negative light. so evil one. Beware, Newton third Law of forces will happen. :(

AIRASIA BHD

By Public Investment Bank

Outperform

Target price: RM1.88

AIRASIA announced its second quarter 2015 (ending Dec 31) preliminary operating statistics, with the group reporting an increase in traffic volume by 11.3% year-on-year (5.2% quarter-on-quarter) to 14.2 billion revenue-passenger-kilometres (RPK), although its year-on-year load factor was flat at 79%.

Last Friday, AirAsia also announced that it had served a letter of demand amounting to RM409mil on Malaysia Airports Holdings Bhd (MAHB) and Malaysia Airports (Sepang) Sdn Bhd for the loss and damages incurred operating from KLIA2 and LCC Terminal.

The research house said it is keeping its “outperform” call on AirAsia, but at a lower target price of RM1.88 (previously RM2.53) as it cut its 2016 and 2017 forecast earnings per share (EPS) by 6% and 7% due to weaker ringgit forecast.

Public Investment Bank also said it was lowering its 10-times 2016 EPS by 20% to account for the risk of further losses and unsuccessful fund raising exercise for its Indonesia associate Indonesia AirAsia (IAA) and irrecoverable debt from its associates.

Its other associate, Thailand AirAsia’s (TAA)’s load factor was maintained at 80% level on the back of passenger volume and capacity growth year-on-year increased by 26.1% and 23.1% respectively, showing an improvement in its political situation and tourism.

Public Investment Bank said it believed that Indonesia AirAsia (IAA) remained challenging after the QZ 8501 incident.

Nothing announced on bursa. So? Think will close up tomorrow if got strong support

JAKS inks multi-bln ringgit contracts for Vietnam power plant
Monday, 3 August 2015
By: WONG WEI-SHE

KUALA LUMPUR: JAKS Resources Bhd has entered into two engineering, procurement and construction (EPC) contracts to facilitate its joint venture for a 1,200MW power plant project in Vietnam.

The company signed an EPC contract with the consortium consisting Southwest Electric Power Design Institute Co. Ltd and China Power Engineering Consulting Group International Engineering Company Ltd (CPECC Consortium), and the second EPC contract with its unit, Golden Keen Holdings Ltd.

The contract with CPECC Consortium is for services and work provided to JAKS Hai Duong Power Company Limited (JHDP), JAKS’ wholly-owned subsidiary. The total contract price is US$1.061bil (RM4.002bil), which JHDP will pay on a fixed lump sum basis.

The second contract with Golden Keen is for services and work provided to JHDP, worth US$454.5mil (RM1.712bil), also paid on a fixed lump sum basis.

Both contracts will be effective once all conditions are satisfied, including the termination of the EPC contract between JHDP and Wuhan Kaidi Electric Power Engineering Co Ltd, on July 31, 2015.

CPECC Consortium shall obtain and deliver to JHDP a performance bond for totalling 2% of the contract price to secure the due and proper performance of CPECC Consortium's agreements and obligations under the first EPC contract.

Meanwhile, Golden Keel shall procure the subcontractor to deliver to JHDP a performance bond for US$6.4mil (RM24.14mil) to secure the due and proper performance of Golden Keen’s agreements and obligations under the second EPC contract.

CPECC Consortium and Golden Keel shall achieve the completion of the performance tests and satisfaction of the conditions for the first generation unit or the plant no later than 42 months from the site handover date for the first generation unit.

Type Announcement
Subject MULTIPLE PROPOSALS
Description KONSORTIUM TRANSNASIONAL BERHAD ("KTB" OR THE "COMPANY")

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED RIGHTS ISSUE; AND
(III) PROPOSED MA AMENDMENT

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in our announcement dated 19 September 2014 in relation to the Proposals)
We refer to our announcements dated 19 September 2014, 12 November 2014, 9 January 2015, 14 January 2015, 15 January 2015, 17 February 2015 and 1 April 2015 in relation to the Proposals.

On behalf of the Board of Directors of KTB, MIDF Amanah Investment Bank Berhad wishes to announce that the sealed order of the High Court of Malaya in Kuala Lumpur dated 1 April 2015 had been lodged with the Companies Commission of Malaysia on 13 April 2015. Hence the Proposed Capital Reduction is deemed completed on 13 April 2015. Pursuant to the completion of the Proposed Capital Reduction, the par value of each existing ordinary shares in KTB has been reduced from RM0.50 to RM0.10 each.

Shareholders of KTB should note that the Proposed Capital Reduction does not affect the number of ordinary shares of KTB held by them. All the ordinary shares of KTB credited in the securities accounts of KTB's shareholders shall be unaffected except for the reduction in par value of each ordinary share of KTB from RM0.50 to RM0.10. The share price of KTB will not be adjusted pursuant to the Proposed Capital Reduction.


Maybe rights issue coming soon?

more upside tomorrow. vroom vroom

sell on strength..

bus tickets price increase?

up up up. 0.28 is my entry price. wakakaka

next month disel price goes up, how? drop again. wakaka

you buy you die. the more you buy, the deeper is the killing knife. wakakaka. luckily i didnt jump in. wakakaka

sharks making a killing. wakaka

next q result shud be gud