stingray( 100% Candlestick,simple,fast,high accuratecy No Trendline, UpDown,Z,M,N,W Reverse lines, U,F,O turns. No Indicator No News No FA / TA Go deep into operator mind and read their steps Go deep into retailer mind and read their steps after operator actions )
stingray( 100% Candlestick,simple,fast,high accuratecy No Trendline, UpDown,Z,M,N,W Reverse lines, U,F,O turns. No Indicator No News No FA / TA Go deep into operator mind and read their steps Go deep into retailer mind and read their steps after operator actions )
Do not create opportunity for CIMB or CITI "cheap buy" your hard earn share !!!
anyone can explain about the quarter report ..page 12. item 10.. retain earning account ..rm1.3 billion is available for distribution to shareholder of the company .. what is the meaning of this..anyone can explain .
stingray( 100% Candlestick,simple,fast,high accuratecy No Trendline, UpDown,Z,M,N,W Reverse lines, U,F,O turns. No Indicator No News No FA / TA Go deep into operator mind and read their steps Go deep into retailer mind and read their steps after operator actions )
Overall aa a profit making company that why aa manage to pay you dividend from their pocket.
AA not borrow money to pay you dividend!!! Why scare ???
stingray( 100% Candlestick,simple,fast,high accuratecy No Trendline, UpDown,Z,M,N,W Reverse lines, U,F,O turns. No Indicator No News No FA / TA Go deep into operator mind and read their steps Go deep into retailer mind and read their steps after operator actions )
Bro,
learn from genm lesson, genm drop to 2.76 due to record loss and now price is 3.47. genm Only take 3 month to recover from bottom. (3.47-2.76)/3 = 23 cent per month bouncing rate.
You expect aa too hv same bouncing rate or even higher. AA did that last year.
stingray( 100% Candlestick,simple,fast,high accuratecy No Trendline, UpDown,Z,M,N,W Reverse lines, U,F,O turns. No Indicator No News No FA / TA Go deep into operator mind and read their steps Go deep into retailer mind and read their steps after operator actions )
these sharks open their mouth very big and said " COME IN PLZ ...PLZ PLZ "
In 4Q2018, there were numerous one-off items related to the BBAM transaction and change in accounting from owning to leasing of aircraft. To name a few, those relating to the BBAM transaction include professional fees of RM101 mil, re-recognition of RM29 mil for depreciation of 5 unsold aircraft and accretion of RM16 mil finance cost tied to the assets sold. These one-off costs resulted in a net operating loss of RM220.4 mil. The total one-off items amounted to RM318 mil. Eliminating this amount, the quarter’s performance was commendable and would have recorded RM98 mil.
Commentary on prospects Prospects in 2019 is as a result of hard work done in 2018 from large capacity addition, One AirAsia initiatives, cost cutting and organizational restructuring. AirAsia is becoming a harmonized ASEAN carrier with airlines in India and Japan as well. Demand remains strong and we are number 1 in market share in ASEAN. Cost is our main driver and a lot of initiatives are being put in place through digitalisation to reduce costs. AirAsia is of the view that airport costs will also go down. The major cost that has a major impact on the Group is Fuel. AirAsia has hedge 52% of Brent at average of USD63.41 for FY 2019. For Q1 2019, the Group will continue to grow our market share for each of the countries. Malaysia will continue to be the market leader with 58% market share and the target load factor of 87%. The Group expect to turn around Philippines by focusing on North Asia- Philippines leisure market with target load factor at 90%. Indonesia will expand its route to serve new and underserved leisure destination with target load factor at 84%. Thailand recovery of the arrival of Chinese and Indian tourists is expected to deliver high load factor at 90% as a result of no-fee Visa on Arrival scheme by the Thai Government. Barring any unforeseen circumstances, the Board remains positive that the overall results of the Group in 2019 will be better than 2018.
The results are disappointing, way below expectations. Expect market to sell down tomorrow.
- Sales in Advance increased from RM 938m to RM 1.12b, i.e. 19.6% means absolute market size is still increasing. - Avg Fuel Cost increased 33% but Avg Fare per passenger down 6%, means the 21% capacity increase was too much and the market cannot absorb the excessive expansion in capacity. - User and other related charged increase from RM 306m to RM 475m, i.e. 55.2% is way beyond the 20% increase in the number of flights. Also shown in Cost/ASK ex-fuel which increased from 8.26 sen to 10.35 sen (25%). I have to salute CIMB for getting this right before everybody else.
AA needs to slow down its capacity expansion, otherwise it will have to sacrifice margins to get seat load factor up. This will be critical to assess their financials in 2019.
Anybody know how many aircraft AA taking delivery in 2019? They have 141 aircraft as at end-2018.
Fuel cost averaging USD92 per barrel when the spot price average was around USD84 during the period was poor handling. Cold feet and panic decision the reason maybe.
Everything else are good work done. From the IR website, the precis covering the Qtr & full year results is useful n great to dispel any lingering doubts some investors may have reading the main Qtr report especially pointing out the RM318 million one off expenses.
And we have a bright n exciting 2019 to look forward to with all the transformation happening.
Average fuel price surged to USD92 bbl jet kerosene in 4Q2018 as compared to USD69 bbl in 4Q2017. As a comparison, based on 2018’s fuel consumption being constant, the higher average fuel price resulted in an additional fuel expenses of RM703 mil for the full year of 2018 vs FY2017.
Current average fuel price for 2019 is USD78 bbl jet kerosene...
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 308 views | 3 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
Jaya
1,463 posts
Posted by Jaya > 2019-02-27 20:48 | Report Abuse
Warren
Qtr loss almost 400m, but ytd profit almost 2b