All high flying shares with weak fundamental and dimming prospect must be avoided. See Ifca has broken the 30 cts support, Gadang has crashed below Rm1.00. AirAsia is now the best time for profit taking. So sell while the selling is good.
As for Masteel the weakness is time to add more. And Drb Hicom? Don't look at one or two quarter result. As Drb has already bought 53.5% of Pos and Pos going into ECommerce the future is secured and bright.
So Calvin and Johor Buddies will continue to load up. The cheaper the better. The more the merrier!
Dun be overly concern by a used car salesman wannabe FA/TA. The cash and results are real enuff. Even the great buffet start to invest in airline .... something that he has not done for many decades.
If his airline investment works out ... there will be other big timers who may eye AA/AAX. Current problem is USD/MYR pair ... invest if your horizon is 1 month
Dun disturb him lah .. He currently open a new stall in Chowkit selling underwear few weeks ago. If you are one of his disciples you can still meet him @ Jalan Alor selling something else. This line of business give better returns than his stock picks ... according to his friend wahaha
Thanks for many points presented but still not convincing. Element of selective interpretation and focusing only on cons from overall financial performance datasheet. Like Chinese say, try only to picking bone from an egg!
I'm newbie in market so do correct me if i'm wrong. I just try to understand this article and I have few queries here.
1. I believe that 79billion is refer to undelivered aircraft. In accounting basis, you can book the undelivered aircraft as asset or debt if you not receive the item yet, am I right? From business sense perspective, if you item is not receive to operate your business yet, why you need to book it as debt which it does not cause u a single cent now?
2. Weaken in ringgit is definitely not a good thing to AA. But when we look back to Q3 2016 report, AA manage superbly on forex gain loss. For undelivered aircraft, it should book under the current currency and it's won't cause the forex gain loss. In term of margin, the may slightly cut in my view but as long as the business is growth with healthy profit margin, I does not foreseen any issue there in future.
3. AA is a low cost carrier, ALL the LCC business model is always work like this way. Take your Roll Royce as Uber taxi as an example. Your roll royce is worth 1M, depreciation is 5% per annum which is 50k, assume your expense (fuel, operational cost,etc) is 50k, interest is 50k per years. But u earn 200k for ticket (include luggage charge, sell food in car, lol). You still received handsome profit 50k. Profit margin should look like this way: operation profit / total revenue = 50k / 200k = 25% but not 50k / 1M = 5%.
4. Why undelivered aircraft involve in depreciation? It does not make sense.
6. Repayment of borrowing to reduce debt. I do not see any problem on this. Sound good to me.
7. I never worried about cash position for AA as long as they can earn money. AA is always healthy in cash flow when they are in earning position. y? All your air ticket need to pay advance, right? lol.. This is the beauty for this kind of business.
8. I do not know where u can get this news such as TF is selling, etc. Thus, I cant prove it wrong but don't think that you can prove it right as well.. lol.
9. AAC selling is good but public does not value it as it was. Let say it worth RM1, but public (share price) only reflect it RM0.50. And now someone offer your RM1.40. I think is a good timing to spin-off. I do not few weird if AA have another AAC in few years later and spin-off again.
10. This fear sound a bit silly to me. It's like to avoid the car accident, so you better not to drive a all. Lol...
Calvin reaction of his stock recommendations : When stock up : he will make noise n say chun chun When stock down : he will keep quite when people criticize him stock down : he say this is for long term
Icon8888 the scary thing about Calvin is that he keep talking kind words while stabbing you and pouring poison down your throat... spooky... hoo hoo hoo....
Posted by calvintaneng > Nov 28, 2016 05:01 PM | Report Abuse
Hi guys,,
Go to Ifca forum and read the whole tread.
90% of the ifca diehard hopeful hated Calvin. All rejected my kind warning. In the end?
90% of. the people in ifca forum lost all and stopped posting 28/11/2016 17:51
Icon8888, Icon8888,
There is nothing scary about Calvin. Calvin has been very concerned that all the people of i3 forum be safe, secure & well.
My kind intention of warning about danger has been misconstrued & misinterpreted.
Never mind. Time will tell. And I am happy to wait for the ultimate truth to surface one fine day.
One more thing.
Your assessment of Bj Corp's Net Asset Value is faulty. Please go and correct the article. Bj Corp - No muscle, no brain.
You keep The Store for three years and price now is RM 3.05. So, price gain only around 35%. Divide by 3 - get 10%, if consider compounded rate, only around 8% per year....
Aiyaa.... in this case, keep money in Public Mutual better .... or buy AAX better...Buy AAX around 20 cents , in less than one already 40%. One year - 100% capital gain. Where can get ?
Posted by radzi > Nov 28, 2016 11:37 PM | Report Abuse
You keep The Store for three years and price now is RM 3.05. So, price gain only around 35%. Divide by 3 - get 10%, if consider compounded rate, only around 8% per year....
Aiyaa.... in this case, keep money in Public Mutual better .... or buy AAX better...Buy AAX around 20 cents , in less than one already 40%. One year - 100% capital gain. Where can get ?
Calvin replies:
Price was Rm2.35 on January 19th 2014. Every year got dividend. MGO is Rm3.52
So 18% per year lah!
6 times Bank FD at 3%.
As for AAX the price on January 19th 2014 was a high of 99 cts.
Today AAX is 37 cts. So a drop of 63%
So between loss of 63% plus gain of 54% in THE STORE
The difference is 117% for 3 years. Or 39% per year (of course for those who avoided losses in AAX but bought THE STORE instead! Ok mah.
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....
Whey Whey
1,839 posts
Posted by Whey Whey > 2016-11-28 07:34 | Report Abuse
Another calvintan talkcock article wahahaha. But i like it, look like AA going to shoot up today.