Problems created by i3-debts not always bad. See Puncak as example. Previously heavily indebted but profitable. Now cash rich but every qtr losing money.
4th qtr have the strongest demand with higher load factor and average fare estimated will be achieved. Brighting things is Indonesia start to contribute profit. It remain Philippines, India. Indonesia success turnaround story soon will be realized on those losing money Associations. When the problems is less, it will be more focus attended with fast action will been addressed. Next qtr will be continue fly high. I am quite sure about this.
Calvin..just go buy a lot AA...wait the next agm n debate with management about ur depreciation theory...if the management not able to answer with reasonable answer...i pay u ten fold of ur AA share price..deal?
This Calvin is the joker...he dont understand the debt and commitment...my maid also know but Calvin dunno...pity his wife and his children...I feel shame for his parent
I can tell u Calvintan is the real person who told all the truth. Icon888 is paid to write the blog. I have readed all the blog of icon888, he told wat most people knew in the market and just window dressing it. But he didn't reveal the "secret" hiding behind the scene like wat calvintan. I salute to u Calvintan
I can tell u airasia is at distributed stage. Don't waste ur money in this stock like wat have happened to puncak from 3.80++ (2.80++) felt until today 0.93.
One thing for sure, calvin is not a business minded person and he don't know business at all. Mike90 very kia shu~~ foreign fund selling but i tell u for sure they will come back very soon.
Icon8888,based on Q3 results, AAC is carrying debt of ~RM2.1b. Once AAC is sold, this amount can be excluded from AA's current debt level of RM10.3b, am I correct?
At least Calvin starts to use the word operating lease. We tried so hard to explain to this guy in his AAX airasia sitting on bomb thread. A Unfortunately, he still doesn't understand capital commitment. I think he did not see the fine print that that is outstanding order in future. I initially first time reply him and had respect to him as a person. Now, I just think he is so annoying and no more respect or whatsoever.
Clean bill of health would not be clean bill of health if you believe Bloomberg reporter ....see my thread......that leasing income is not really leasing income but borrowings disguised as income.
What CIMB Research say about "special dividend". Last time CIMB Research sent many to Holland by saying IFCA will reach Rm2.20. Today IFCA is only 29 cts.
So better learn to separate reality from fantasy!
I went in and took another look at AirAsia's balance sheet.
These two are RED FLAGS!!
1) Repayment of borrowings for Jan to June 2016 = Rm2.056 BILLION Full year would be over Rm4 BILLION (So how could the total debt of AirAsia be around Rm10 BILLION?
AA is paying for Off Balance Sheet Debt of Rm79 BILLION!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mike90
203 posts
Posted by mike90 > 2016-11-25 14:42 | Report Abuse
Foreign fund is selling !!!