Base on the current year load factor, that is consider ‘tak bagus’ will suffer AirAsia operating profit. Low load factor + higher oil price in q3 May affect AirAsia operating profit by 150mil income. But AirAsia current price at 2.38 can consider already count in all this bad segments. The shareprice trade at current value alreday drop 50% from the highest price that is 4.75 in March 2018. For me, this price is undervalue and consider oversold with a company that got cash in hand RM2.00 per share .
Second thing base on 2018 q2 presentation slide, Tony alreday mention this q3 load factor will be around 82-83%. That meant match with what Tony expect. In the presentation also the Management expect 4th q 2018 load factor will be back to 86-88% base on the current booking. For me 2.38 is at oversold & undervalue price.
“There is a very high foreign shareholdings in AirAsia Group. So I believe the sell-off may not necessarily be due to operational issues, but it could be due to external issues such as the weakening ringgit and external trade issues as well as the current high oil price,” - TA Securities analyst Tan Kam Meng.
This explains everything we need to know about AirAsia now.
I’m sure smart business man like TF will hedge against oil price where it can be done through derivative. For example it fixed the oil price at USD 70 per barrel on December. So when December come, the price goes up to USD 90 but cause of the derivative, AA is paying @USD 70. This apply if the oil price goes down as well.
Trap bought at high price? Why everything said nice when actual is bad?
10155316461624419 Second thing base on 2018 q2 presentation slide, Tony alreday mention this q3 load factor will be around 82-83%. That meant match with what Tony expect. In the presentation also the Management expect 4th q 2018 load factor will be back to 86-88% base on the current booking. For me 2.38 is at oversold & undervalue price. 26/10/2018 19:18
You think travel by AA is necessary like we eat rice or use electricity or water? Some people never travel by aeroplane at all in their lifetime. Of course myself had before though not with AA.
The last of the aircraft transfer is expected to be done by coming week! Let us see what happen after that! I agree that the market now is more negative than positive!
On stock investment: Most of us are short term but we think we are long term!
You can find many good companies but not many great companies. If you find one, just keep it!
Don't buy any stocks in bursa, cause even our finance minister LGE has told his frens don't buy any shares in bursa, cause future in Malaysia will be very teruk, who buy who die.
But ah if budget not good, good stocks also continue fall de leh.... like many good good counter ah, I tell you one secret ah, econpile also bleed dao like hell ady
Posted by BankNegaraMalaysia > Oct 28, 2018 10:54 PM | Report Abuse
But ah if budget not good, good stocks also continue fall de leh.... like many good good counter ah, I tell you one secret ah, econpile also bleed dao like hell ady
Govt already hinted that Operating expenses will eat up 91% of budget allocations for Govt servant salary(1.6 million strong), pensions & service for debts only 9% left for public works.
So construction related company like econpile gonna suffer
As consumers will get some help just go for consumer stocks with dividends
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Posted by BanglaMan > 2018-10-26 17:11 | Report Abuse
BanglaMan coming~~~