Another charge this afternoon, shall see....

Today quite steady, afternoon can push a little bit.

買不回了，下一個就輪到我，呵呵！

Batu88, my feeling is Singapore Airlines is food, for Airasia, keke.

Look at Singapore Airlines and Cathay's annual report, everything is down down down, cut cut cut....for me it looks like another MAS.

I see dead people. Keke.



Is it an indicator that everyone look positive on the growth of airlines business?

http://www.channelnewsasia.com/news/singapore/singapore-airlines-to-buy-39-boeing-planes-worth-us-13-8b/3504470.html

TF means "the value of AAC held within Airasia Group is not being valued by investors, reflecting in the share price of Airasia".

Meathere,

I will try to explain in more details:

One of the tenets of Warren Buffett says, "For every dollar retained, make sure the company has created at least one dollar of market value. "

If you have a dollar, you must choose between retain it (put it in current account/FD etc of the company), distribute it to owners (dividend etc), invest, etc. (Most companies choose to waste it however, lol!)

The decision should be based on which action(s) creates the most value. This is just rational thinking.

To illustrate this:
Airasia before sale of AAC valued at RM8.5b.
Airasia + AAC after sale = say 12b.

So, better sell.

Of course this is just part of the reasons. AAC's planes are older (means higher maintenance cost), mostly depreciated, and new planes are more fuel-efficient. Also, its a good price.

TF means "the value of AAC held within Airasia Group is not being valued by investors, reflecting in the share price of Airasia".

I will try to explain in more details:

One of the tenets of Warren Buffett says, "For every dollar retained, make sure the company has created at least one dollar of market value. "

If you have a dollar, you must choose between retain it (put it in current account/FD etc of the company), distribute it to owners (dividend etc), invest, etc. (Most companies choose to waste it however, lol!)

The decision should be based on which action(s) creates the most value. This is just rational thinking.

To illustrate this:
Airasia before sale of AAC valued at RM8.5b.
Airasia + AAC after sale = say 12b.

So, better sell.

Of course this is just part of the reasons. AAC's planes are older (means higher maintenance cost), mostly depreciated, and new planes are more fuel-efficient. Also, its a good price.

Value means money

Happy holiday!!

For every dollar retained, make sure the company has created at least one dollar of market value. [Warren Buffett].

AAC is worth USD1B, but Airasia share price is not reflecting its value, otherwise Airasia would have got a 20x PE valuation. (In a recent interview, Tony also says the market is not giving AAC any value, so he sells it. )

Things that TF did in the past 12 months or more showcase how to create market value. It will become textbook example.

一些人只想到拿特別股息，的確，那就短視了。

我覺得，東尼說亞航被低估已經有好幾年了，說得累了，也有點氣了，只好連續出幾個大招把股價推上去。

Not many people understands this: a dollar retains in company must create more than one dollar market value [Warren Buffett]. Lately, Tony Fernandez said market does not put any value in AAC, so he sells it. Finally he realised that.

舊的飛機保養費比較高，AAC裡面大部份的飛機也折舊得差不多，換新飛機可以節省15%油，本來就是要賣掉的。

Winningpost, true! Just need some holding power and you make extra few % on top of further rise.

The rest of the cw also reduce premium.

Hei guys, congratulations! Huat lah.

She must be about 36-37 already, few years back even better looking....

Such a nice woman, want to be happy and follow all instructions. Its a luxury for rich people.

speakup, see see good enough, no need pay, pay also no use, haha!

I mean obviously your "stuff" doesn't work (otherwise you won't need subscription), but you start pretending it works at such a young age, after a few mistakes you will continue to pretend, you will be wasting most of your youth.

I am seeing you learning the hard way, 可憐啊！After 40 years old, maybe you can see what i meant....

You know, no matter how many disclaimers you wrote, after a few mistakes you do not want to admit, habislah kau....

Not a bad writing, but your invitation for subscription blow your cover.

Calvin, happy Chinese new year!

You are not mad after so many people attack you, so kind of you.

You cannot alter one's destiny with advice. 銅油酲始終裝銅油。The greater fool is the greater fool because they are reluctant to learn....those who are eager to learn can evolve after they paid the school fee....

Also, you cannot just talk like that shooting empty, you must provide solid information on why the stock is a bad choice.

There are some bigger trades @ RM2.62, today will rise lah....

oil prices came down, today maybe 3 to 5 cents??

wiki123, today will move a little bit, some members can spare RM1M.....

We each take out RM1M to push mother share now, ok?

.....

come on, 一球而已

now its the time....

Baja shoots up, susah!

Nowadays poultry is a high-tech business. Low tech like CCK, susah!

The pace will be faster due to limited available-for-sale mother share.

Gogogo!!!

Batu88, Q4 is the big news!

(Correct me if i am wrong)

Q4 Worst case scenario: operating profit 600m+associates 200m-forex 250m-tax 200m = 350m.
Best case scenario: operating profit 800m+associates 300m-forex 100m-tax 100m = 900m.

Why not? 9M16 already 1.6b.

What do you think?

JDreamChaser, a little bit. But the long-term benefits (of oil price hikes) are enormous!! Now Airasia has very good expertise on hedging (last time they were stupid), Airasia has very low cost structure compare to other airlines. In addition, Airasia is switching to new aircrafts which will save 15% fuel (and Airasia has the most number of such aircrafts).

In the long term its all about competitiveness, if you are stronger than your competitors, you can have higher margin and lower cost compare to them.

Oil price high, competitor suffers more, therefore no price war.

No, USD rebound. Wait a while lah....

supermanxd2, not really! But the general impression is that it does.

Airasia had huge foreign exchange losses about 2 years ago (250m), but since then things improve a lot. Sort of the forbia thing, people still scare of it despite Tony Fernandez says its a non-issue.

This one very nice, good!

我不懂為什麼你們要付錢給那些人，一些基礎課程就不同講啦。簡簡單單讀一兩本好書好過付錢買「閱歷」。

一般所謂的「師傅」可以做到七成成功率就不錯了，當然他們會錯。問題當他們錯的時候不會認。

真正的高手是不會收你的錢的，因為錢實在太多了，買東西都懶得找錢了，你給錢高手還嫌麻煩呢！

Its a very simple puzzle.

Good move

Besides special dividend, i guess the ordinary dividend is 12c.

Malaysia boleh!!

http://klse.i3investor.com/servlets/pfs/70730.jsp

32% already.....

jo888, either 27 or 28/2.

My guess now is between 700m-1b operating profit.

Unstoppable! Last hour, charge!!!

Big money, big money

All ikan bilis want to sell, buyers bigger power

batu88, one week before the expiry date, it will stop trading, average price of mother share over that period is recorded. After a few trading days, they will send you the cheque. Some may be different....

Batu88, my guess on net operating profit is a lot more than 500m now. Because TF mentioned "Super Good". 500m is not "super good", Q3 operating profit is already 531m.

I bet on much higher average fare. Correct me if i am wrong. I assume Jun and Sep is probably heavy promotion period where you give away many tickets or sell cheap. March and Dec is closer to the real deal that you make a lot of monies.

Operating expenses like depreciation, fuel etc is likely to be lower or only slightly increase because of fewer planes used (I like it a lot, increase plane utilization to reduce cost, while increasing revenue).

Also, there has been consecutive three quarters of profits from associates. (Q1 219M, Q2 11M, Q3 36M). Note that Q2 and Q3 are weak quarters. So, Q4 must be explosive.

The 87% load factor (with quality of sales) is more like optimum, the best you could ever expect.

My projected profit figure is exploding so better don't talk.

Wow, yours good too! Mine almost same, 23%.

I was "late" too, but my daya wasn't qualify.

http://klse.i3investor.com/servlets/pfs/70730.jsp

Huat lah

Des07, now market value is slightly below 2b USD. 9b USD market value means 4.5 times, that would make airasia share price RM11.50. But Singapore Airlines probably shrinking while airasia growing, and probably TF will have a few more years before he retires.

On the other hand, looking at Singapore Airlines' financials, the figures drop drop drop, another dead chicken in a few years....

Des07, USD580 million (typo in the words) is around RM2.5b. Now 9M net profit is about 1.6b. Possible Q4 900m? Well, he did repeatedly saying "super good".