JN88, how come I couldn't agree with you more?
Hahahah

One key takeaways in this MOU is a dedicated LCCT in Zhengzhou, this is critical as it would allow CAA to work low cost

朱先生不只還在，這幾天還非常活躍

Isano,朱先生還在

Mark, you are right about Op leases as debt, which is in line with latest IFRS, but you have forgotten one thing: when Op lease is booked as debt (guaranteed payment to lessor), the lessee obtain a "right to use", which is an asset currently not included in asset calculation. (This is recommendation under IFRS). So if you want to put it in as a debt, you must provide them an equivalent asset too.
As you only take away their equity but didn't provide them with the entitled equity, and your RM1.54 is based on equity, The valuation is not correct and undervalued now.

Also, just to share an information which maybe only frequent AA watchers would noticed, while AA sign a non-cancellable lease agreement with lessor, they subletting the aircraft to their overseas associates and collect lease expense + overhead + some profit on it (that's why there is a big item in revenue called operating leases income), in actual fact the non-cancellable debt is moved to third parties (associates). So it's not as bad as you see.

Just a sharing, hope it help.

That's good enough.

Supermx2, despite the f*** words you said, still hope you could study CAB and understand if any action required.

繼續吹。
你的眼睛業障也太重了吧，亞航今年前4個月加了4輛飛機假的？這也叫停止擴張？
加了以下的飛機
9M-AGC, HS-BBZ, HS-CBA, VT-SRX
這還沒算跟IAAX租了兩輛雙邊載量的A330。這等於8輛的。
繼續吹！

http://www.gmanetwork.com/news/money/companies/610496/duterte-gets-pledge-from-airasia-ceo-tony-fernandes-to-beef-up-flights-develop-airports/story/

Cornerstone, if that the case it would be true. Thanks for sharing.

Elbrutus, read my comment, I m talking about AAX, haha

AirAsia X website say their AGM and 1Q result on 23th, so AirAsia would likely on 24th

Cornerstone, how you know the announcement is on 19 May? Because of Ramadan on 26th?

haha, just have to look at his tweeter

Batu88, TF is back. This morning 5am flight.

Supersaiyan3, got your cheque?

When you only know to read title and kena screw for that, you blame others? Grow up kid!

Post removed.Why?

Overseas expansion is really money burning...
Tigerair loss too much money and will merge with Scoot at 25 July to become Scoot Tigerair (ugly name...)
If AAX lose too much, we may have AirAsia X AirAsia, haha

Q2 will be very good. I heard almost all Penang hotels fully booked from mid May to early June

Definitely not Thailand, those zero fare your company couldn't go there, I think they have come over to Malaysia, but maybe too late to have significant impact to Q1

But you are right, TAA is improving from low of 4Q16. I always believe diversification of markets is crucial, as over relying on Chinese market could be deadly. This time, TAA show they are hurt by them but the local and VLMC market has come for rescue. It literally offset all potential losses due to Thai authorities break up of zero fare tour.

Cruger, simply bcos they are looking ttm, so go them is bad result replace good result. When you are not for long term, trailing twelves months is big enough for them.
Anyway, I am willing to bet for good PAA and MAA results. MAA will partially hurt by higher PSC, but should be insignificant. Another key is, will AA India widen their loss or actually make lesser loss?
These will determine the 1Q result.

niki, if a trend follower (incl. sm2) observe the share performance for AA in ttm, he will say if below 4% AirAsia will rally, you know, to trap people.

cruger, MAA control 45%, AAV 55%, so yes

cruger, in THB term the fuel price at 1Q16 & 1Q17 is almost the same (2081 vs ~2100), so the fuel price alone is not the reason of this result. Almost all item in line with the capacity growth, except 2, revenue & fuel excise.
The revenue was growing minimum, we all know it's mainly due to lesser Chinese passenger. (see statement 1 below extracted from PR).
The fuel excise, should be the killer, my model suggest this alone added 500~600 million baht to TAA's cost.

Statement 1:http://aav.listedcompany.com/misc/MDA/20170509-aav-mdna-1q2017-en.pdf
"In Q1/2017, revenues of Thai AirAsia amounted to Baht 9,150.2 million, increased by 2% from Baht 8,952.5 million in Q1/2016, was supported by the 11% growth in number of passenger carried in Q1/2017 achieving at 4.9 million, with a load factor of 89%, up 1 percentage point (ppt) compare to the same period last year. However, the charter flight revenues in an amount of Baht 394.5 million, dropped by 24% over the same period last year, due to the decrease in number of charter flights to Chinese market."
(24% of chartered flight is 125 million baht.)

Post removed.Why?

Because it collect dividend from TAA and use it for some activities, so slightly different is possible

TAA profit drop 44%

Supersaiyan3, u could sonsider buy 10 tickets + 10 nasi lemak for your worker to go travel, haha.

Be patient Icon, from annual report 2016, it seem to me there is delay in all corporate action.

Buayakok, pls stop

supersaiyan3, 你説的很對，原本也想糾正他的，但是想一想那是浪費時間，呵呵

why 1m ah? 600 lot is 60,000 shares right?

onecall, it's your business to comment on any one but please don't drag other into it

supermx2, hope you are right and you make real profit for it.
Penny stock is vulnerable to manipulation.

ignore my comments above, i am wrong as i exclude maintenance expenses.

feisch, last year in EBITDA term PAA has a PHP 2 billion profit.

After months of searching, here is Calvin Tan. I miss you guy, want to have a chit chat at AirAsia forum?

Unlikely ECRL will be cancelled, as it's funded by PRC government owned bank. (If this could be cancel, it actually good for our economy in long term as some believe that the actual cost for it is 30bil, not 55bil. It's a big saving)

Supersaiyan3, possible, with all knowing Chinese buyer unlikely to bid, non-Chinese buyers could bargain for better (mean worse for AA) terms.

http://thestandard.com.ph/business/business-stocks/236041/airasia-readies-ipo-in-2nd-half.html

nikicheong, when 559m shares issued to TF on early Jan 2017, he paid 1006m to AirAsia.

niki, if you believe you should include 559m shares into calculation, remember to add 1006m of asset in too.

Haha, you go to wrong counter. Beware, supermx2, don't get burn in penny stock

Bwc trademark XD

spy008, there is something call conditional agreement

Walking 20 minutes I think, haha

Icon, Red Q is just beside klia2, no need to take taxi

Tony is either still in US or on the way back, today wouldn't be possible for contract signing.

batu88, you mean you going to have dinner cooked by Michelin 3 stars chef tonight in your penthouse?