valuegrowth

valuegrowth | Joined since 2016-10-29

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Stock

2016-11-08 21:40 | Report Abuse

Some update from TF:
1. AA India will be profitable in Q4 (my model suggest the same, despite AAI in price war with Indigo)
2. Launch of Langkawi - Hong Kong Route
3. JAA ready to launch


http://www.centreforaviation.tv/ceo-update/airasia-group-ceo-update/

Stock

2016-11-07 21:58 | Report Abuse

Alex, spend some time read AA's quarterly report and make up a simple spreadsheet, you can easily get answer for your questions.

Stock

2016-11-05 09:30 | Report Abuse

"The employees also said there was a fear of retaliation, which was strengthened by the sudden exit of various heads of department.

A year and half into starting operations, AirAsia India lost or replaced close to ten top-level executives and heads of department, including the chief financial officer, commercial director, head of flight operations, operations control, human resources, cabin crew, security and group operations. "

Something seriously wrong with this ex-CEO, who was choice of TF until Tata remove him.

Stock

2016-11-05 09:26 | Report Abuse

Some update on AAI's fraudulent transaction.
It seem to be ex-CEO personal's fault than at company level, consider good news for AAI. However, as I know up until early this year, the total capital for AAI is about Rs 160 crores (1 crore = 10 mil), 22 crores ex-CEO illegally siphoned represent more than 10% of total capital.

"The Deloitte findings allege that payments worth about Rs 12 crore were made against invoices of HNR Trading, the Singapore entity, for “government/regulatory framework”. But there is no evidence of services being provided.

Additionally, about Rs 10 crore of payments were shown to be made to an entity called Link Media Immigration Services Pvt Ltd, purportedly on account of media services. The investigation didn’t find any such firm registered with the ministry of corporate affairs. Additionally, “site visits to three addresses revealed no business establishment”, the report said.

The scrutiny has also thrown up the name of Rajendra Dubey, who is shown to have assisted Chandilya in liaison activities for AirAsia India and in setting up meetings with prominent politicians, including chief ministers, the report said. This was during the period of the UPA government. "


Read more at:
http://economictimes.indiatimes.com/articleshow/55253293.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Stock

2016-11-04 22:01 | Report Abuse

Market nowadays is much different than before, instead of look at big picture, we shall look at small picture, it remind us on why we invest.

http://downloadicons.net/sites/default/files/dollar-sign-icons-38218.png
I know, it's really small.

Stock

2016-11-04 18:53 | Report Abuse

Oil price actually drop since last week.
However, I would think it would take long time for AA to raise to 8xPE, as many people are scared for repeating of last year stock price dip

Stock

2016-11-04 15:10 | Report Abuse

Really annoying. Stop, or I going to complain to the forum management.

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2016-11-04 15:09 | Report Abuse

can u 2 (fine, 4) stop spamming?

Stock

2016-11-04 00:19 | Report Abuse

I was looking at India Aviation Fuel price. If I have a chance to invest in Indian fuel company, I will sell all my AA share and fully invest in it. Really surprise to learn that Indian fuel price is 60% higher than global price.

Stock

2016-11-03 20:21 | Report Abuse

AirAsia is taking the 4th A320neo (3rd for MAA) today, to arrive KUL by tomorrow.
4 deliveries in 2 months, perhaps AirAsia is bring forward their delivery schedule.

Stock

2016-11-03 16:16 | Report Abuse

I m not Jzzz. Created a new acc, cos no need to tell everyone my GF name, haha

Stock

2016-11-03 16:07 | Report Abuse

Nigel, I m CBF. All factored in, but I have revised my set yesterday, as per 股海無涯advise, I found the profit of TAA, IAA & PAA are much higher, while AAI reduced. I think pessimistic profit est is 350mil

Stock

2016-11-02 21:00 | Report Abuse

BEIJING, China: Malaysia is seeking more flights and better time slots for AirAsia and Malaysia Airlines into China, Transport Minister Datuk Seri Liow Tiong Lai said today. Speaking to the Malaysian media after his courtesy call on China's transport minister Li Xiao Peng here, he said AirAsia had applied for three additional destinations - Nanning and Wuxi from Kuala Lumpur, and Beijing from Bangkok. "These are mainly second tier cities that they have applied for since last year," Liow said, adding that AirAsia already files to 19 destinations in China.

"I am confident that Malaysia's requests received very positive response from minister Li. He has directed his officers to expedite these matters at the working level," he added.


Read More : http://www.nst.com.my/news/2016/11/185398/malaysia-seeks-more-flights-better-time-slots-china

Stock

2016-11-02 20:38 | Report Abuse

KUALA LUMPUR (Nov 2): Malaysia Airports Holdings Bhd (MAHB) is unperturbed by news of low-cost carrier AirAsia Bhd's plan to move its operations to main terminal KLIA by January 2017 and is encouraged by national carrier Malaysia Airlines Bhd's interest to operate in budget terminal klia2.

http://www.theedgemarkets.com/my/article/mahb-unperturbed-airasias-move-klia

Stock

2016-10-31 23:22 | Report Abuse

Bengaluru, 31st October 2016 – There is an ongoing investigation against certain former personnel of AirAsia (India) Limited involving irregular personal expense claims and certain company charges.
This has already been reported to and discussed at the previous Board meeting of AirAsia (India)
Limited. AirAsia (India) Limited will not make any specific reference to the matters investigated at this stage as it may be prejudicial to AirAsia (India) Limited or the personnel investigated.
AirAsia (India) Limited, AirAsia Berhad and Tata Sons Limited look into all allegations of impropriety and misappropriation very seriously. The three entities do not approve of any unethical practices and will take very stern action against the perpetrators at all levels of the organisation. The three entities would like to reiterate that it strictly adheres to internal procedures and policies.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5247649