impossible oil hit 30...thats a move by opec to kill shale oil..n they failed terribly..saudi lost 40% of their reserve fighting this oil war with us...n make shale oil even stronger...saudi got no more money to fight another oil war with us...they will try to push the oil up 70....if everyone in opec agress to cut...
Let me repeat saying: Q2 18 Comment: Net profit for the current quarter was 125% higher year-on-year at RM315.3 million due to the reversal of deferred tax on the sale of aircraft. 25% of Expedia stake disposal has been completed. The proceeds from this disposal is USD60 mil with initial cost of investment of 10mil. There will be an one-off disposal gain in 3Q18 result of about RM210 mil.
the oil price of 30 is the result of saudi not shale oil producer...so if saudi is not interested in us30...i think shale oil producer will not want a too low price...coz they cant export too much due to piple n limited tanker n facilites at port...
if auditor accountant n staff know..its enuff to let many ppl know...the report already finsied in october...so got 1 big mouth sure spread to 10 big mouth u know...
freetospeak, nobody cares about your sense here. Your sense must be failing you not for predicting $60 oil. You can take your sense back and show it down your anal hole
When share price drop, then many people talk about bad lah, no future lah bla bla bla, when reversal, then suddenly change face and mouth. This is share market.
The impact of good QR will be from: 1) reversal of deferred tax on the sale of aircrafts and engines . 2) One-off gain of selling 25% shares of Expedia at RM210 million and above.
when ppl think of airasia..they know its malaysia...when ppl ask about malaysia brand..they say is airasia...this type of business is worth to own...of course at low price..lol
For me only 2 scenario.. either with SD or no SD.. Q3(operation) is bad without assets sales.. If can break 3.60 before Q3 out.. most likely got SD.. Hope your 3 white soldiers march through.. Huat Ar..!!
The investment bank said that its expectation that prices will recover could be wrong due to two factors. First, the global economy could enter a downturn and demand collapses. Or, OPEC+ decides not to cut at all at the upcoming meeting, which leads to a significant supply glut heading into 2019.
Looking out over the next year, OPEC+’s problems get even trickier. They could decide to flood the market, which would likely crash prices, but that would crush their own budgets. Meanwhile, U.S. shale is poised to add a flood of new supply next year. As Bloomberg notes, the shale industry has already vastly exceeded expectations in 2018, and shale companies have not slowed down. They are drilling new wells now, but only completing some of them. E&Ps are keeping some wells uncompleted, awaiting new pipelines in 2019. When those projects come online, another wave of fresh supply could be unleashed. “We’re going to see a re-acceleration of well completions in the Permian in the second half of 2019,’’ Corey Prologo, head of oil trading in Houston at commodity merchant Trafigura Group Ltd., told Bloomberg. “The pipelines are going to fill up very quickly.’’
OPEC+ could decide to cut output in December to stop the slide in oil prices. But their task gets no easier as we head into 2019.
Holding 100k mother units. Just waiting for son (dividend) come out. I don't see any reason why TF want to press the share price in year end time. Just wait and enjoy the party lah.
last time oil drop 6%, next day aa up 20 sen from 2.68 to 2.88,then up all the way to 3.12, now oil drop 7% aa up 17 sen, and will up 3 more day to 3.3 above
Half true, AA is investing in Tech Companies. TF is shifing an aircraft company to a Tech company. You are not a shareholder, that's why you don't know. Chua Joe Beng In business, selling assets is bad news n upgrading assets is good news! Selling assets to pay dividend is very bad practice! After dividend payment, d share price will dropped accordingly! 26/11/2018 10:48
Chua Joe Beng, nowadays business evolving, you can see Agoda, Booking.com, they not holding any assets but earn 20% of hotel rate.
Similar, but not the same, if AA lease the fleet, it is highly possible to increase it's usage time from 10hours to 14 hours per day. Which in fact create 1 to 2 short term flights such as JB to KL or Penang to KL.
vietjet of vietnam is worth rm6 in vietnam...airasia only 3...damn cheap....no wonder vietnam is overtaking us ..even market valuation also better than klse..lol
It will push to index shares. Rm4 will be enough d. Next will be the credit rating of Malaysia due to oil price adjustment. AA gearing is minimal which will not affected by the increase of cost of capital if global downgrade malaysia credit rating.
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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....
Beza
1,847 posts
Posted by Beza > 2018-11-26 09:52 | Report Abuse
When oil price repeats US30 per barrel like few years ago, AA price will go RM6 lah!