Posted by KAQ4468 > 2018-09-18 15:20 | Report Abuse

say "hai" also kena flag

Posted by JN88 > 2018-09-18 15:21 | Report Abuse

Kena flag mean chance to earn money....kikikiki

Posted by stockholm999 > 2018-09-18 15:45 | Report Abuse

can collect liao.

Posted by stockholm999 > 2018-09-18 15:47 | Report Abuse

https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/airasia-india-offers-lowest-fares-from-monday/articleshow/65834117.cms

Posted by salman > 2018-09-18 16:13 | Report Abuse

Trump is bad for the market

Posted by robin_hood > 2018-09-18 17:06 | Report Abuse

Mr Trump is so hai ;P

Posted by toto > 2018-09-18 17:21 | Report Abuse

R u sure can collect liao? Good luck to U if U hv bght some today. The day AA lands on 2.XX is highly possible, if not in tis week, definitely next week. I hv sold all my AA earlier & waiting to collect some. See U guys there.......

Posted by TopEarn1 > 2018-09-18 18:39 | Report Abuse

toto talk bird language. AA will still above RM3.

Posted by toto > 2018-09-18 20:15 | Report Abuse

Ha ha ha .........

Posted by freddiehero > 2018-09-18 20:57 | Report Abuse

unlucky with epf..

Posted by freddiehero > 2018-09-18 20:57 | Report Abuse

wat they buy sure go down..

Posted by freddiehero > 2018-09-18 20:57 | Report Abuse

exp sap hahaha..

Posted by freddiehero > 2018-09-18 20:58 | Report Abuse

another bullet for 1.50

Posted by JN88 > 2018-09-18 23:38 | Report Abuse

TP 0.8

Posted by stanleysew > 2018-09-19 08:26 | Report Abuse

Time to fly ....

Posted by 圆殊 > 2018-09-19 09:16 | Report Abuse

At What price should i buy? lolz

Posted by toto > 2018-09-19 09:24 | Report Abuse

If yr heart has peace, U won't utter bad words.

Posted by toto > 2018-09-19 09:26 | Report Abuse

Don't run before epf. Epf will use tactics to run before U.

Posted by toto > 2018-09-19 09:27 | Report Abuse

See u guys next week. Bye bye

Posted by beowulf > 2018-09-19 09:45 | Report Abuse

Something is brewing? Where is sitar man?

Posted by EngineeringProfit > 2018-09-19 10:13 | Report Abuse

HUAT ARR

Posted by jordanmaggie61 > 2018-09-19 10:37 | Report Abuse

Good potential stock, bought it !!!

Posted by KAQ4468 > 2018-09-19 10:59 | Report Abuse

Toto ada

Magnum ada

Kuda ada

Posted by KAQ4468 > 2018-09-19 10:59 | Report Abuse

M Box ada

I Box ada

Posted by freddiehero > 2018-09-19 11:03 | Report Abuse

guys almost come closely..

Posted by freddiehero > 2018-09-19 11:04 | Report Abuse

dvd announce soo? wakaka..

Posted by EasyInKlse > 2018-09-19 11:26 | Report Abuse

No hope this airasia

Posted by Yael Jasper > 2018-09-19 11:39 | Report Abuse

This quarter is making very good profits, the best ever!

Posted by JN88 > 2018-09-19 11:49 | Report Abuse

If you buy now....another 90 days can get the dividend ....rm0.8-rm1.... this price is totally undervalue

Posted by JN88 > 2018-09-19 11:50 | Report Abuse

The only reason price low is EPF main main......look at Penta KWAP main main until 14% now price up from 1.7 to 3.65 today....

Posted by JN88 > 2018-09-19 11:51 | Report Abuse

KWAP and EPF have their way to increase stake...... everytime they buy price drop...this is the sign..

Posted by JN88 > 2018-09-19 11:52 | Report Abuse

RM250-RM300 million sales of expedia will be count in Q3.....wakakaka this Q3 will be supergood.

Posted by EngineeringProfit > 2018-09-19 11:55 | Report Abuse

Sailang yesterday ady

Posted by JN88 > 2018-09-19 11:56 | Report Abuse

PETALING JAYA: AirAsia Group Bhd has divested its remaining 25% stake in its joint venture (JV) company AAE Travel Pte Ltd for US$60 million (RM240 million) to the 75% stakeholder, Expedia Inc's Expedia Southeast Asia Pte Ltd, in a bid to monetise its investment and utilise the proceeds as working capital.

AirAsia divested the other 25% interest it had on March 10, 2015.

The group announced in a bourse filing yesterday that it has executed an agreement for the disposal and the cash purchase consideration is net of AirAsia's concurrent purchase of AirAsiaGo.com domain names and related assets from AAE Travel by Travel 360 Sdn Bhd.

AirAsiaGo.com, which offers a full suite of travel products including AirAsia flight and hotel packages featuring Expedia Group lodging content, will continue to be powered by Expedia Group.

In accordance with the asset transfer agreement, the JV company will transfer its right, title and interest in and to certain assets related to the AirAsiaGo business and brand to Travel360, while the private label and co-brand agreement by Travel360 stipulates that Expedia will provide certain private label services in respect of the AirAsiaGo business to AirAsia Bhd.

"This sale represents the divestment of the last of our non-core investments from the previous round of joint ventures. These proceeds will be used to develop big unicorn products such as BigPay, Travel 360, Redbox Logistics and Ourshop.

"This first set of joint ventures has taught us a tremendous amount and shareholders who have seen huge returns from our first round of partnerships haven't seen anything yet," group CEO Tan Sri Tony Fernandes said in a separate statement.

“Expedia Group has been a great partner to AirAsia and we look forward to continuing to work very closely in the future, particularly regarding regional and global distribution of AirAsia flights, he added.

Meanwhile, Expedia Group president and CEO Mark Okerstrom said the acquisition of full ownership of AAE Travel reflects the group’s full belief in the immense potential of the Asian travel market of over US$485 billion.

The joint venture was formed on March 29, 2011 to establish an online travel agency with three main brands, namely, AirAsiaGo, GoRooms and Expedia.

Posted by JN88 > 2018-09-19 11:57 | Report Abuse

RM 240 million will be one off gain for Q3 if not mistaken...

Posted by JN88 > 2018-09-19 12:01 | Report Abuse

AIRASIA is selling its remaining 25% stake in AAE to Expedia SEA for USD60.0m (RM240.0m). Positive on the disposal as it is in line with group's direction to focus on core business and will lighten the balance sheet. BUY with a Target Price of RM4.80 pegged to 9.0x FY18E PER (4-year average), coupled with RM0.78/share special dividend. AIRASIA's net gearing has improved post Asia Aviation Capital (AAC) disposal coupled with further asset monetization plans from Santan/Red Cargo/Expedia to honour their intention for special dividends every two years. We foresee immediate catalyst from the finalization of special dividends (est. RM0.78) from the recent sale of AAC (USD1.1 bn or RM4.4bn) in March.

AIRASIA's disposal of its remaining 25% in AAE Travel Pte Ltd (ME) to Expedia Southeast Asia Pte Ltd (Expedia SEA) for a total consideration of USD60.0m or RM240.0m based on an exchange rate of USD1.00 to RM4.00. The transaction is expected to book in gains of disposal of c.RM181.6m, to be concluded by 3Q18. We are positive on the disposal; (i) as it is in line with AIRASIA's strategic direction to focus on their core airline business by growing its Air Operator Certificates (ADCs), and (ii) lighter balance sheet with net gearing reduced from 0.90x (as of 1Q18) to 0.87x. Nonetheless, we do not expect any special dividends from this disposal as we believe that it would be used for working capital.

Moving forward, AIRASIA strives for One AirAsia whereby they intend to consolidate and own 100% effective stakes in Thai (current effective interest 45%), Philippines (current effective interest 19.6%), and Indonesia (current effective interest 49%) operations through share swaps. They are also targeting to list Philippines AOC by 2019. For FY18, AIRASIA plans to place higher focus on their domestic routes by transferring out their longer haul 4-hour flights to AAX.

We expect further improvement in utilisation post restructuring of routes. In terms of further asset divestment, we are looking forward to potential sale of Santan and Red Cargo.

Source: Rakuten Research - 16 Aug 2018

Posted by JN88 > 2018-09-19 12:01 | Report Abuse

AIRASIA's disposal of its remaining 25% in AAE Travel Pte Ltd (ME) to Expedia Southeast Asia Pte Ltd (Expedia SEA) for a total consideration of USD60.0m or RM240.0m based on an exchange rate of USD1.00 to RM4.00. The transaction is expected to book in gains of disposal of c.RM181.6m, to be concluded by 3Q18.

181million in Q3 buta buta gain

Posted by KAQ4468 > 2018-09-19 12:21 | Report Abuse

RM181.6m, to be concluded by 3Q18.


waaaaaaa... buta buta dapat untung

Posted by KAQ4468 > 2018-09-19 12:21 | Report Abuse

cantekkkkkkk

Posted by JN88 > 2018-09-19 12:29 | Report Abuse

KAQ4468:

This sale represents the divestment of the last of our non-core investments from the previous round of joint ventures. These proceeds will be used to develop big unicorn products such as BigPay, Travel 360, Redbox Logistics and Ourshop.

Next :
BigPay
Travel 360
Redbox Logistics
Ourshop

wakakaka so many can sales.....

Not like SAPURA after sold no more can sell...

Posted by EngineeringProfit > 2018-09-19 13:55 | Report Abuse

Pray hard for this flight ....and those who got trapped in Sapura...

Pray for a brighter tomorrow.

Posted by Smart_invest > 2018-09-19 16:43 | Report Abuse

shark is playing game... shhhhh.... if continue drop? then continue buy

Posted by Smart_invest > 2018-09-19 17:08 | Report Abuse

U know why TF want make bigpay? How bigpay affect AA future? Our country still dun hv a real e-wallet which standardised for all malaysian. Thats why someone keep on collecting, annoucement shows all truth. why disposal of so many asset? Bigpay.... reduce liabilities and concentrate on bigpay and improve flight

Posted by yuefei01 > 2018-09-19 17:18 |

Post removed.Why?

Posted by Investor48 > 2018-09-19 18:39 | Report Abuse

Anything below 3.60 sapu..!

Hehe...

Posted by freddiehero > 2018-09-19 18:41 | Report Abuse

good idea..

Posted by freddiehero > 2018-09-19 18:43 | Report Abuse

bigpay tats wat i like.. tony can make the whole world use it. coz everyone need fly everywgere with aa..

Posted by Shernius > 2018-09-19 18:49 | Report Abuse

Jz saw the announcement, they incorporated a new technology centre. Very good and future investment in technology is good. Kudos to AA management

Posted by JN88 > 2018-09-19 19:12 | Report Abuse

Big pay more powerful than e-wallet....big pay just like Euro

Posted by JN88 > 2018-09-19 19:54 | Report Abuse

Europe use Euro, Asean use Big pay