I left once the voting session begins cos it will all be passed anyways.
15 - oil price hedged as one of the members mentioned but i would like to add management is bearish on oil for long term..short term volatility is normal due to political tension but in the sense of demand they are bearish on it. new planes are more fuel efficient anyways.
16 - shareholding - foreign holding dropped from 50% to about 30% - whether due to bursa sentiment as a whole or company prospects is up to your judgement. i believe foreign holding in Bursa generally has dropped not only AA.
17 - in terms of Airasia.com revenue outlook. The numbers are 100 million ppl buy tickets from the website a year. So if they manage to sell hotel/activities/ourshop/tuneprotect any of these lets say about rm30-40 revenue and times that to only 10% of the 100million. That's the forecast. This was answered to a question posed by the floor.
i think thats about it and if it matters to you, the management will launch an app for all the employees for them to manage their stress and mental health. it consists of nutritionist / psychiatrist / cheaper insurance premium (if an employee quits smoking etc).
you guys are most welcomed. i know not everybody can make it to AGM. Just sharing. No harm. Not a buy or sell call. Analyse yourself and don't listen to the others. You're investing your own money. If you like it buy, stay and hopefully see it bear fruits. if you don't just move along. Don't have to come here spread negativity... if everybody thinks the same way.... then the share market will collapse...because there will be no other side to trade with... if u get what i mean...haha
even analysts have different Target prices...and i don't see them arguing or posting shit about each other... because they are adults...so....yeah... good luck and all the best....
well it has and always been that when a company proposes share buy back that doesn't mean that they will actually do it.. it will remain as an open option and whether they will actually buyback shares is another story altogether.... it depends on the board's decision..
and if they do they mentioned that they will buy back shares and then probably delete it. the result of such action is that there are fewer shares floating hence higher earnings per share which translate to higher dividend per share.
now take note. it is a proposal and it has passed and that management now has the authority to buy back shares on the open market but that doesnt mean that they will DEFINITELY do it.. they may not do it after all and re-propose again next year or whenever they deem fit.
Need to see what is Tony's plan with SBB. I suspect window cleaning on EX, the timing is too convenient for everything to be in such order. Release the cash, take it all back, and reduce market supply. Value -> Up. Keep an eye open when SBB begins to swing into action.
Anything more about Philippines? Apparently the local partner has increased their stakes to about 40++++ % (can't remember exactly), which is more than AA itself.
Same goes to India where local partners have been increasing their stakes.
1 lot or in today’s term 100 shares can attend any company AGM. Actually you can ask your remisier to buy odd shares 1 share that’s the real minimum and odd shares are cheaper if you want to buy just for the sake of attending an AGM before deciding to invest further or not.
But be aware that odd shared are not readily available and even if u succeeded to buy it will be very hard to sell it off if u intend to. Usually investors take it as entrance fee to agm and the cost is peanuts compare to what information you may be able to retrieve from agm.
Anyone with even a single share may attend AGM - and get free bfast haha.. My friend went in with 100 units. I also sold 90% of my holdings at RM2.90 since it was peak price. So went into AGM with only a few lots.
Philippines as i said they are confident they will become the largest airline there. The local partners have right to raise or reduce their shares I don’t think it matter much as long as they are on the same page strategy and business wise. The shares raised are not from airasia. Air asia will not reduce their shareholding as they intend to be relevant whichever market they are in.
India is the same in regards with shareholding. There are regulations they have to follow. So if they can only hold 49% they will hold 49% whether local partners want to increase or not its up to them. I guess its a good sign that your local partners have faith and buy more shares into the joint venture.
In china they pulled out because they were offered only 25% in the JV. They want to have at least 49%. They are currently negotiating a JV deal of 49% and if it went well there shall be an announcement.
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....
samheong78
472 posts
Posted by samheong78 > 2019-06-27 14:02 | Report Abuse
Is it true got free one way ticket for investor?