Posted by Thorman > 2021-10-05 10:17 | Report Abuse

When one does business, there is sales and revenue to replenish rotating cash flow. How much is another matter.

Posted by Sslee > 2021-10-05 10:23 | Report Abuse

Sales in advance RM 922,252,000.
How much cash burn to clear all those sale in advance?

Posted by In_Sight > 2021-10-06 09:42 | Report Abuse

congratulations to all who ignore this dumbo post and made money!

Posted by Sslee > 2021-10-06 09:52 | Report Abuse

You only make money if you already sold the stock, otherwise it is just a paper gain.

So have you sold and made money? If you have done so then my congratulation to you.

Posted by In_Sight > 2021-10-07 19:32 | Report Abuse

The title should change to “Should you go fly kite with such a lousy article now”

Posted by In_Sight > 2021-10-08 14:04 | Report Abuse

Rip and condolences to all who follow this lousy blog not to buy AA. All you can do now is watch those with proper insights laugh all the way to the bank. Hahaha.

Posted by Sslee > 2021-10-08 14:26 | Report Abuse

Haha In_Sight, if you are capable as what you said please go and write your oww blog article.

I can bet, you do not even know how to write an i3 blog article.

Posted by Stockexpert001 > 2021-12-30 22:16 | Report Abuse

Year 2015, year 2016 and 2017 it still earning over 1 billions each year.. Years 2018 over 2 billions, you have missed the 30% of the cash of 2019 give away 90cents dividend to the shareholder at year 2019, sslee..

Posted by Sslee > 2021-12-31 06:21 | Report Abuse

@Stockexpert001,
Please tell me why financial year end Dec 2019 AA make a net loss of RM 315,807,000 when covid only start in year 2020?

For year 2015, 2016, 2017, 2018 what is the profit from selling flight ticket? And the extra profit come from? (Others income, aircraft lease income, gain from disposal of aircraft, gain on disposal of investment , etc)

Posted by Robert Waters > 2023-07-11 01:55 | Report Abuse

Well, it is better late than never ...

Posted by Sslee > 2023-07-11 06:37 | Report Abuse

Well, it's better to be safe than sorry .....

Posted by i3lurker > 2023-07-11 08:00 |

Post removed.Why?

Posted by i3lurker > 2023-07-11 08:03 |

Post removed.Why?

Posted by i3lurker > 2023-07-11 08:11 | Report Abuse

The Proposal
I will propose to Gobermen to sell Petronas to Air Asia to manage
and pay Air Asia RM20 Billion per year as management fees to help manage Petronas.
Hopefully my reasonable Proposal will be approved.

Rationale For The Proposal
Its logical coz Air Asia burns oil rite?



Posted by Sslee > 1 hour ago | Report Abuse

Well, it's better to be safe than sorry .....

Posted by Sslee > 2023-07-11 08:33 | Report Abuse

Good morning i3lurker,
I do not mind to be a devil advocate.
By the way In_Sight is hapilly MIA from i3forum

His last posting:
Nov 14, 2021 9:54 PM | Report Abuse

What do you know? All your negative comments went down to drain. Non came true. Talk kok number 1.

Ppl make money here. You? Talk kok only.

Even normal QR number also can get wrong.

Low IQ. Dumbo really dumbo

Posted by i3lurker > 2023-07-11 08:40 | Report Abuse

Global plane supply is now controlled by Tata so the magic rabbit is beyond the reach of "their God" now.

=> Losses for Air Asia

Posted by Sslee > 2023-07-11 09:03 | Report Abuse

A Malaysian Indian how to fight with an India Indian. For sure knock out KO.

Posted by Sslee > 2023-07-11 09:41 | Report Abuse

Commitments
Capital commitments not provided for in the financial statements are as follows:
Group
2022 2021
RM’000 RM’000
Property, plant and equipment:
- Approved and contracted for 102,608,980 97,163,376

The approved and contracted for capital commitments for the Group are in respect of aircraft purchase. The future
commitments of aircraft purchase are as follows:
Group
2022 2021
RM’000 RM’000
Later than 1 year and not later than 5 years 12,908,493 7,688,395
Later than 5 years 89,700,487 89,474,981
102,608,980 97,163,376

So AA already lost India Market, Japan Market and in Indonesia compete with local budget airline Lionair and without an AA China where AA going to employ it planes?

KUALA LUMPUR -- AirAsia's newest major shareholder Stanley Choi wants to realize CEO Tony Fernandes' long-held goal of landing the no-frills Malaysian airline in the Chinese market.

Choi now owns an 8.96% stake in AirAsia via a private placement last month. He is confident that his corporate resume that includes Hong Kong and China, where he was born, could facilitate securing the needed approvals for what could become AirAsia China.

"AirAsia has been dealing with China for a long time," the Hong Kong-based Choi told Nikkei Asia in a remote interview. "I can add value to that with my know-how and open more gateways for the company."

Posted by i3lurker > 2023-07-11 09:53 | Report Abuse

China is a communist country. Seems like "their God" and many people dunno that.

Can put in money cannot take out money
Can only take out product ....

and "only swaps allowed"
you cannot buy and cannot take for FREE

meaning take 1 landing right = ?

furthermore China is in very deep sheet for next 3 years.
Even Genting suffering like sheet now.
Expect more price drops for Genting next 3 years

wonder whether AA can last until China recover 🤔

Posted by Sslee > 2023-07-11 10:16 | Report Abuse

Updated: 19 Jun 2023 8:06 pm

IndiGo, India’s largest airline by market share, has placed a record order with European manufacturer Airbus for 500 A320 Family aircraft, the company said in a statement. It is the biggest single purchase agreement in the history of commercial aviation.

This IndiGo order book comprises a mix of A320NEO, A321NEO and A321XLR aircraft. The airline will take the delivery of these aircraft between 2030 and 2035.

The agreement takes the total number of Airbus aircraft on order by IndiGo to 1,330, making it the world’s biggest A320 Family customer.
Earlier this year, Tata-owned Air India placed orders for 470 aircraft from Airbus and US manufacturer Boeing.


NEW DELHI, June 20 (Reuters) - Air India has firmed up its order for 250 Airbus (AIR.PA) aircraft and 220 new Boeing (BA.N) jets worth $70 billion at list prices, the airline said in a statement on Tuesday, as it pursues a turnaround under its new owners.

The Tata-owned airline signed separate purchase agreements with the two planemakers at the Paris Airshow for the jets and some services, a day after domestic rival IndiGo (INGL.NS) agreed on Monday to buy 500 single-aisle planes from Airbus

Posted by Johnchew5 > 2023-07-11 15:53 |

Post removed.Why?

Posted by StartOfTheBull > 2023-07-11 16:00 | Report Abuse

The dual is enjoying each other.

Posted by Johnchew5 > 2023-07-11 16:14 |

Post removed.Why?

Posted by Johnchew5 > 2023-07-11 16:17 |

Post removed.Why?

Posted by StartOfTheBull > 2023-07-11 17:06 | Report Abuse

Today AAX down the dual keris stand up and strong, ding ding chang chang........😁😁😁