My guess is they messed up, upgrading works not practical, end up limited production.

I don't see inventory spike up. Anyone?

Where does it go? Sad.

For me, it's lousy management, need to play hide and seek??

Sorry, I mean MIDF only. Others seems not yet have their report yet??!

Kenanga 4.75. Bravo.

Others are either lazy or stupid, eps went up 10c more than expected, then they add 10c to target price.

Looking at this trend, Q4 is going to make 1b.

Gogogo, huat lah!!!

RainT, i had doubt on AAC sale before, but since TF and Aireen gave explanation, fair enough lah.

Oil price up, its only USD60 mah, last time went up to USD147 Airasia still profitable. It will kill premium noob shit like Cathay Pacific and not Airasia. This time Airasia have an extra 15% fuel saving advantage over competitors around the world.

We project figures based on general information and information provided, but it must be consistent with facts.

CEO said Q3 and Q4 will see good figures, now its completely the other way round.

You really believe 2 months bad weather no sale? Its like Xingquan said order cancelled due to shoes wrongly made. Bizarre!!

I think, Noob CEO that's all. I think CEO just naive to think things can be done easily, not enough exposure to the real world, perhaps!!

The real question is, what is the daily production level now.

I see general improvements on every aspects of the business. Size does matters!!!!

Now everything look great!!!! I only worry about Airasia China, the China government has turned hostile to business, which might get worst in a few years.

Fantastic result, HUAT LAH!!!!

This time for real MYR is going towards 3.8, operationally it will mean more profit for Airasia. They are being lucky in every way. Only thing is AAC is in USD.

JN88, TF did provide an explanation, to balance the needs of both parties. Aireen did say end of the year months ago. So my guess is Jan.

As Airasia always over-talk, I don't think they will list in Hong Kong. Maybe somewhere else, or stay in Malaysia.

Market hasn't realised 1. AAC will happen before CNY. 2. Gst savings from buying planes, Airasia is being lucky this time. 3. As Airasia is replacing 320 with NEO, 15% fuel saving is a huge advantage over competitors. 4. Oil will retreat sooner or later. Even if oil price is high, can surcharge passengers to balance out. In 3 years, Airasia share price will be rm12.

Regarding the cancelled flight, 1. It's a small number compare to the entire operation. Thailand cancelled hundred more times flight due to airport was occupied. 2. Most passengers affected are going to reroute to other place of travel or choose a later date. Airasia has a huge advantage in this reroute practise, passenger can just amend their own travel plan using Airasia website.

I think Reach paid too much for reserve, interest becomes burden. Boss is too ambitious but weak in financial knowledge.

QR will tell a lot more, let's see if I am right.

The trend has just reversed.

I said the same thing on 6 Jan 2017. See if I am right again.

Jumping off the cliff!!!! Collect back at RM0.50 if not lower.

30 times PE, too expensive. All good news but fail to improve performance, run for your life!!!!

kevin5059, its difficult to believe Airasia being such a big company commits such stupid errors. No, I don't believe your story.

Airasia is famous for not paying their vendor, rather than double payment.

Its more like your friend doesn't really understand how Airasia's (and the company as a whole) work, so he/she guessed wrongly.

shawnlim321, it depends on your investment horizon. If you can hold one to three years, pending 2 minor IPOs and sale of AACs ++ and "dual listing", then Airasia is a great choice.

If you are a speculator, then stay aside, as crude price still strong and coming years will still be business expansion mode (so financial results emphasize turnover rather than margin).

TF always 大只講, so my guess is Q3 won't be so good, but Q4 will be superior. Let it drop more so I could buy more.

Eat, eat, eat, yummy!!

"Conclusion: Investors must note that when the company CEO and substantial shareholders are buying the shares, it can only mean that the share is under-priced. "

OR trying to manipulate the share price.

Outdated 了咯!Communist took away that from Alibaba. It's GONE!!!!!!

Read through few years of report, my purpose of study is to takeover 10-20% of shares few years later when it is dirt cheap. Wait for me ya, haha!

Management has very limited knowledge in planting, its naive to survive in this complicating world. (Its like they think raising a human being need only food, they don't provide education, social, vegetables, vitamins, fresh air, entertainment, internet etc) In their mindset, they only need to put in fertilizer for them to get cooking oil.

As a result, lower and lower yield over the years, I think their oil palm yield starts dropping as soon as it reaches the prime years (7 year), instead of 15 years.

Their planting area has labour shortage problem, doesn't look like management want to mechanise.

Cost is so high because yield is so low.

Probably a sizable area got ganodermia already, as management talks about replanting.

Hopeless if current management continues.

If Strong performance = no profit.

Means your model has failed.

Welcome back!

Fair write up.

Everything good but lowered TP, moron!!!!

Say, stock is an leading indicator of real economy. So-called experts expect economy to be sluggish next year after CNY.

I bet differently. Next year will be great, real economy recovered from GST-shock, MYR continue appreciation and OIL continue charging.

腳軟的靠邊站！

coldinvestor, yup, one of the best.

Fair enough, thank you!

Looks really expensive!

KLSE is ok lah. Patient, skill and hard work.

Boring time is the time to buy mah.

BWC, look what you have done! Its contagious. Run!!!!

If we think rationally, Reach needs to invest quite a bit to boost up production, therefore its a three year stock.

VFTRADER, why?

Stake*

1. Oil price up and down but the important things are production, and cost.
2. If you punch the calculator using projection numbers you will be very happy. But why the partner which is a bigger player sell 60% to Reach (of course they are bleeding cash, oil price was low etc) Similar story is seen few years ago in the partner's book, book huge negative goodwill, intend to increase production, starts to make money, turns losing money, sell 60% stack.
3. What I mean is don't be too excited by the future. If Q3 turns small profit is miracle.

Ilovehits, you are right! Gas sales is very little.

Bought more today, gogogo!

Big money!!!!

Hi, batu88.

Bought more today.

Gogogo, huat lah!!

O n G starts to drop, really look like a horse-behind-cannon type of noob talking.

Ilovehits, what about gas? I dint do my detail calculation but I think gas should be part of the equation.

If u back test it with jun qr then it looks not right.

Also, should look at the hk partner results to be sure.

Huat lah!

No.

Ya,bos!

BWC/richardless/Investo, icon8888 has disappeared for some months now. I also hope you can call him back.

toto, buy now and hold for one year. 30% return at least, up to 200% (if crude collapse again).

Rm4 very soon.

AAC will be completing before Chinese New Year, get the big Ang pau.

http://klse.i3investor.com/m/blog/kianweiaritcles/136772.jsp

Paragraph 7, AAC deal will be completing soon. TF provided an explanation for the delay which is good.

I bought back into Airasia. Simply because sale of AAC will be completed soon, according to latest interview.
Let's hope it really materialise.

If special dividend from 50% sale of ground handling service company, then have to wait another 2 years for the next special dividend from AAC????

Susah ini Tony.

幸福！！

Did a brief calculation on the effect of c47. c47 expires on 31 october. So, 5 days shall be 30 oct, 27 oct, 26 oct, 25 oct, 24 oct. Simply buy on 30 oct 4:44pm. Theoretical best timing.