AAX been suferring ribht from start. Any hope..

Azreen stop buying!!

Fries like us are buying .... are we all FOOLS?
Have we MISSED SOMETHING?

The BIG BOYS are Dumping to cut Losses.... Fries like us are buying .... are we all FOOLS?

Shareholding Changes
Date
Announced Shares Type Director/
Substantial Shareholder
10 Jul 2015 -250,000 Disposed EMPLOYEES PROVIDENT FUND BOARD
08 Jul 2015 1,608,900 Acquired WELLINGTON MANAGEMENT INTERNATIONAL, LTD
08 Jul 2015 1,246,880 Acquired WELLINGTON MANAGEMENT GLOBAL HOLDINGS, LTD.
08 Jul 2015 -5,950,820 Disposed WELLINGTON MANAGEMENT COMPANY LLP
08 Jul 2015 -2,250,000 Disposed WELLINGTON MANAGEMENT COMPANY LLP
08 Jul 2015 -1,302,700 Disposed WELLINGTON MANAGEMENT COMPANY LLP
08 Jul 2015 -1,900,000 Disposed WELLINGTON MANAGEMENT COMPANY LLP
08 Jul 2015 -4,703,940 Disposed WELLINGTON INVESTMENT ADVISORS HOLDINGS LLP

.
ct888... keep buying ...good luck to you.

All AA Associates will be WRITE-OFFs..

IAA and PAA will never get IPO UNLESS a continuous 3 YEARS OPERATING PROFIT
had been achieved..... there was none at all.

TP 70 sen

Almost everyone RIDICULED MMSS for saying TP as 78 sen.
I am beginning to believe him.

IAA and PAA will never get IPO UNLESS a continuous 3 YEARS OPERATING PROFIT
had been achieved..... there was none at all.

For those DREAMING of IPOs for IAA & PAA... FAT CHANCE?

With very low fuel cost... being 60% of OPEX AAX is still facing massive losses.
Depreciating RINGGIT is causing all the Damages.

With continous Hamoraging, there is no much hope for IAA & PAA IPO.

With IAA and PAA in Limbo, India AA unsettled and AAX continous Bleeding... any hope of AAB recovering is very uncertain.

AAB has to return back to BASIC..back to its original Business Model.... sell all AA Associates for a song.

.
1Q. Why TF need to sell so many planes?
A. Running out of money for CAPEX

2Q. Why AAB from Lessor to Lessee ?
A. Cash Flow Problem ..need money for OPEX

where are those "so Positive".....they themselves are waiting to unload to cut Losses.

Down...1MDB....?

Very Clear Cashflow Problem

Not good news for Share Holders. Confirmed AAB is facing Cashflow Problem.

AAB kena masukan 1.3 billion Ringgit untuk selamatkan IAA....MANYAK SUSAH LO.

888...
you want bad news
http://www.espnfc.com/blog/espn-fc-united-blog/68/post/2443965/qpr-problems-just-beginning-with-premier-league-relegation
QPR suffer Premier League relegation but their real issues are just beginning

.

"""ct888 Pls help say more bad bad things about AA """

TF should spent more time at Home instead of at QPR

.
AAB Partial Recovery . when

1. Ringgit edge back to 3.10
2. IAA RECAP get Finalized.

Q for 1.00

Down..why ?

AirAsia cancel some Indonesia flights after volcanic ash forces airport closures

--- my Bali Trip is off.

Capex is up.

Next Quarter Result will be interesting.
Lower than expected earning will trigger
an avalanche of selling pressure.

Very unlikely to return to the 2.00s. The most is 1.45-1.60 range

tena It would be a Great Day if AA can stay in the positive territory.

Issuing Right meant STOCK DILUTION

r'Moi

will buy :
1. If coupon rate > 4% (slightly higher than SFr)
2. Favorable Convertible Rate
3. Maturing Period : < 5 years

.
will come back when:-

1. IAA recapitalization has been settled.
2. Next Quarter Fin Report is out.

I am not Gambler
I do not have enough data to run my Fair Value analysis.

Why Malaysian Plantation Company goes to Indon ??

1. Wages are low
2. Plantation Productivity ...but you pay only 1. and you save 2....now that the exchange Rate. RM1 : Rph3600
3. 1998 Exchange rate : RM1 : Rph1500

.
Indon & Philippines Wages and Salaries

1. Most are paid wages
2. Only the top... the MBAs are paid Salary.

.
Indon : Malaysian Productivity???

Indonesia: Indon labor

1. Factory : 1: 5
2. Farm 1: 4
3. Plantation 1 : 1
4. Office : 1 : 2

Malaysia: Indon labor

1. Factory : 1.5 : 1
2. Farm 3 : 1
3. Plantation 3 : 1
4. Office 1 : 1

Reasons:
A. Cultures
B. Wages

Basically the Indon and Philippines economy are managed by the local Tiong Hua without which would have collapsed long ago.

Productivity are very low. Need more staffs to do a simple tasks.

THEY WANT JOBS...but ONCE EMPLOYED.... refuse to do works.

.
For my long term estimate on AA share :

1. I have put IAA as BIG WRITE-OFF
2. Also India & PAA in the near term
3. Thai AA and Japan AA as positive.

AA expanded overseas to fast....without knowing the cultures of its associates.

.
Was at Sukarno Hatta Low cost airport last month....the Immigration staffs put Long papaya faces...as if they have not been paid for months.

and .... their English....flight Ak.. Bound TO KUL.....instead of Bound FOR.

PAA and IAA .... in trouble no doubt. I was in the Philippines For sometimes... Religious but Faked. Most difficult to operate any business....just about every-hands need to be greased.

My Alumni in Jakarta face worse experience.

Yes R'Moi... you are right.
IAA has very low Paid Up capital..... only to run the local-ground operations. Also Most Planes are leased from AA......huge sum to pay

AA Business Model is simple....too easy to Replicate... minimize turn-around time and provide Just BASIC. Charge everything Extra.

More similar competitors are in the pipelines... will AA survive. Not much chance in India, Indon & Philippines.

IAA own very few assets.... most planes are leased from AA.

The Question now : will TF used AA to Plug-UP IAA Gapping Holes....in Excess of RM1.2 billions

If Yes....there goes AA share....TP 108 sen

Negative equity occurs when total asset value in balance sheet is less than total liabilities. As at March 31, IAA’s total asset stood at 4.77 trillion rupiah (RM1.4 billion), while total liabilities were 7.81 trillion rupiah, resulting in a negative total equity of 3.03 trillion rupiah.

.
GREAT. Let see how REAL is Tony Ferdandez ability.
AA is ok but it's the AA affiliates are pulling down AA.

.
Stockman .... true .... but not anytime soon..... perhap after 3 years from last revesion?

Tenaga shares down after Morgan Stanley downgrade


http://www.thestar.com.my/Business/Business-News/2014/04/04/TNB-shares-down-after-downgrade-Morgan-Stanley-says-companys-valuations-stretched-and-upside-limited/

Since that date..... nothing have changed. Operational & Fuel (Gas & Coal) has gone up. Margin has drop.....expected by 8% for FY ending 31 August 2014.

Any comment?
08/06/2014 07:59

.
chilton30a
You are absolutely right.... not a slight chance of TNB getting Tariff increase.
However, the past through cost formula might likely be approved!!

Tenaga will remains dormant until another impending tariff news surfaces! Profits by tariff increase???

PM didn’t say there would be new electricity tariff hike, clarifies ministry

Read more: http://www.fz.com/content/pm-didn%E2%80%99t-say-there-would-be-new-electricity-tariff-hike-clarifies-ministry#ixzz32IMuAaGT' target='_blank'>http://www.fz.com/content/pm-didn%E2%80%99t-say-there-would-be-new-electricity-tariff-hike-clarifies-ministry#ixzz32IMuAaGT

http://www.fz.com/content/pm-didn%E2%80%99t-say-there-would-be-new-electricity-tariff-hike-clarifies-ministry

.
Tenaga is burning more Distillate & Gas as the EL Nino is coming to hit the country for the next 3 months.

Expect to have lower EPS for the next 2 quarters.

Any comments!

http://www.nst.com.my/latest/six-months-dry-spell-if-el-nino-hits-malaysia-1.590179

.

Not very promising...run out of steam

http://quotes.wsj.com/MY/XKLS/TENAGA/research-ratings

I would trust Public Bank estimate. AMMB ?????? is paid to do good valuation???