i am too late... 3.07 only in. The banker chip i think is on price about 3.1+ last time they collect from 3.3 till 3....but 3.07 it stay for quite a long time.... so predict abt 3.12
Only when it rises we can see most come out cheerleading. This is a typical behavioral of today's stock market participants. If u understand and do just the opposite of them while u understood the real fundamentals and operations of AA, u would have raked in quite handsome profit each time. Behavioral science.
This is the real reason why AA rebound strongly! Hold tight passengers on board because AA will bring u fly even higher! Now everyone can fly xD
KUALA LUMPUR: Passengers will pay more to fly Malaysia Airlines as the national carrier has reinstated a fuel surcharge on its ticket price from Sept 18, 2018 as oil prices continue to rise.
The last time it imposed a fuel surcharge was in 2013 when it was still operating under the old company — Malaysian Airline System Bhd.
In a statement posted on its website, Malaysia Airlines Bhd said it is reintroducing and implementing a fuel surcharge for tickets issued or re-issued for travel on all its flights originating from Malaysia effective Sept 18 in line with rising fuel prices and consistent with most international carriers across the globe.
Under the changes, economy class passengers to destinations within Malaysia and Asean will be levied an extra RM4 per trip, while for destinations in the Middle East and South Asia the levy is RM8.
For trips to North Asia and Greater China, and Australia, New Zealand and Europe, the surcharges are RM12 and RM16 respectively.
For business passengers, the surcharge for domestic and Asean routes is RM8, while for long-haul destinations it ranges from RM12 to RM24.
Earlier on Aug 13, Malaysia Airlines had re-introduced the fuel surcharges for its inbound flights by between US$1 (RM4.13) and US$12.
Travellers on the airline's flights from Asean countries to Malaysia, for example, now pay a surcharge of US$1 on economy class and US$2 on business class, while the levy from North Asia and Greater China is US$3 (economy) and US$4 (business). For those flying from Australia, New Zealand to Malaysia, the surcharge is US$4 (economy) and US$6 (business/first).
The surcharge for Malaysia Airlines flights from Australia, New Zealand to Europe, meanwhile, is US$8 (economy) and US$12 (business/first).
The fuel surcharge comes as Singapore jet kerosene spot price closed at US$88.46 as of last Friday. Year-to-date, it is up 14%.
A fuel surcharge mechanism helps airlines to pass on part of their fuel bills — a major operating cost for airlines — to customers due to volatile oil price movements. Fuel surcharges are not part of the basic airfare and may be reduced or removed depending on the price of jet fuel in the market.
Malaysia Airlines group chief executive officer Izham Ismail had in a Sept 8, 2018 interview with The Edge Malaysia weekly identified rising fuel costs as one of the airline’s top challenges, pushing back its profitability targets by another year. Fuel accounts for 36% of Malaysia Airlines' total costs.
Apart from Malaysia Airlines, Cathay Pacific Airways and sister carrier Cathay Dragon have reportedly added a fuel surcharge of HK$652 (RM344.78) to air tickets starting this month to cover rising jet fuel costs.
However, tickets issued by Singapore Airlines and SilkAir no longer show a fuel component as the airlines had removed the surcharges as a separate fare component and folded them into base airfares since March 2017.
In January 2015, Malaysian budget carrier AirAsia Group Bhd and its long-haul associate AirAsia X Bhd had introduced a no-fuel-surcharge policy across all of their airlines.
Last week I already warn you people not not press the panic button too fast. Thai is what it is if you press too fast. Happy trading and HUAT AHHH...........
Sorry I take back my words. My research showed that AA didn’t dare to pass on the cost if they face strong competition. If MAS already increased fare, they might increase to pass on the cost
But there is still Malindo. Need to see whether they also increase fare. If they do, AA will also increase
based on AA investor relations, AA expect to squeeze more cash from passengers by offering free wifi on board for online shopping... for meals, baggage, duty free alcohol and tobacco....
nope... this stock suddenly become so hot.... epf sure dispose some at 3.2... then collect back at 3.15...monday will drop abit maybe then up till 3.2 then drop abit then up
As I said last few comment buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy I comfirm upppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp I ask Buy Call around 3 ringgit and my av pr also around 3ringgt now paper profit around 5% only But as I said many times AA support by good profit and Boss is a good person alwasys care got dividend so I comfrim will uppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp same as earn easy money from Ranhil and WCT ( Both I buy lowset sell high also easy money oly )
crude oil US$80/barrel is good news for airasia coz airasia buy subsidized jet fuel from petronas, they now can sell back this subsidized jet fuel to other carrier at spot price
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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....
Smart_invest
478 posts
Posted by Smart_invest > 2018-09-28 12:16 | Report Abuse
i am too late... 3.07 only in.
The banker chip i think is on price about 3.1+
last time they collect from 3.3 till 3....but 3.07 it stay for quite a long time.... so predict abt 3.12