Posted by Mamamia303030123 > 2019-08-22 22:48 | Report Abuse

Just collect at low when ppl start disposing off tomorrow

Posted by supersaiyan3 > 2019-08-22 22:54 | Report Abuse

Mamamia, you are right.

In fact I am very happy to see AAX's ticket price improved. At first I also thought AAX close shop already, but luckily its just accounting.

I expect Airasia's ticket price will improve at least 5%.

Fatt Tat loh

Posted by sell > 2019-08-22 22:57 | Report Abuse

Ticket price increase I avoid travel haha.

Posted by Mamamia303030123 > 2019-08-22 22:59 | Report Abuse

@sell I think supersaiyan3 meant revenue increase by 5%. If ticket price increase by 5%, no ppl want to travel le.

Posted by sell > 2019-08-22 23:01 | Report Abuse

Travel by AA is not necessity. Can postpone to other time.

Posted by Good123 > 2019-08-22 23:31 | Report Abuse

Wait till its quarter 2 results are out

Posted by ChefSaham > 2019-08-23 01:59 | Report Abuse

aax loss is due to depreciation la operating EBITDA earn 120+mil from loss last year

Posted by ChefSaham > 2019-08-23 02:00 | Report Abuse

https://newsroom.airasia.com/news/2019/8/22/airasia-x-delivers-rm101-b...

"The Company reported a net cash generated from operating activities of RM268.8 million, a significant increase year-on-year (“YoY) from the previous year’s RM23.5 million. More importantly, AirAsia X Malaysia posted Revenue per Available Seat Kilometre (“RASK”) of 12.03 sen, up by 2% on the back of an increase in average base fare (“ABF”) by 5% in 2Q19 to RM437 from last year’s RM418. On capacity, Available Seat per Kilometre (“ASK”) Capacity declined 6% YoY to 8,442 million and Passenger Load Factor (“PLF”) remained fairly stable at 80% during the quarter. "

Loss is due to depreciation, operation statistics and financials are growing tremendously

Posted by Jaya > 2019-08-23 03:38 | Report Abuse

Same old N17 rubbish
I just hold and come back to see this counter on my return to Malaysia next week

Posted by jgb349000 > 2019-08-23 08:42 | Report Abuse

Today up.

Posted by Betkaukau > 2019-08-23 08:53 | Report Abuse

Generate cash but after minus here and there still loss +200 mil. Is like if rent your car out, you earn daily 200 cash but your car depreciate 400 daily as well. Am i right?

Posted by KAQ4468 > 2019-08-23 08:59 | Report Abuse

teloqqq kasi kepitttttt


layan


1.8 kira ok la .....selling big big volume sudah habis ...price well controlled

Posted by freetospeak > 2019-08-23 08:59 | Report Abuse

after depreciating for 20 yrs...i am still driving my 20 yrs car ...

Posted by KAQ4468 > 2019-08-23 09:00 | Report Abuse

me too ...uhukkk uhukkkkk




Posted by freetospeak > Aug 23, 2019 8:59 AM | Report Abuse

after depreciating for 20 yrs...i am still driving my 20 yrs car ...

Posted by freetospeak > 2019-08-23 09:02 | Report Abuse

u can depreciate until negative figure...i am still driving my car to earn a living..

Posted by freetospeak > 2019-08-23 09:04 | Report Abuse

u can revalue your land n property value in paper until rocket high...but if u dun use it develop it or sell it...its jus a pile of sands n brick.

Posted by Betkaukau > 2019-08-23 09:05 | Report Abuse

Malaysian lucky lah can drive the car till grave. Some country, car need to be scrap after 10 years...

Posted by KAQ4468 > 2019-08-23 09:08 | Report Abuse

Malaysia good lorrr...apa lagi mau

Posted by Betkaukau > 2019-08-23 09:08 | Report Abuse

When your current house value is lower than value you bought is called underwater and the cash you generate from rent not enough to cover the depreciation..

Posted by freetospeak > 2019-08-23 09:08 | Report Abuse

if u can drive it for 60 yrs...it starts to aprreciate in value instead.. depreciation...a very funny logic.

Posted by Betkaukau > 2019-08-23 09:12 | Report Abuse

What happen to people here. 20 years still drive the same old car. Not generate enough cash to buy new car? Very SAD....

Posted by KAQ4468 > 2019-08-23 09:14 | Report Abuse

aiyaaaaaa...buying AirAsia also got depreciation laaaa...

1 month sudah kena 10%


cilakakkkkk ....what to do now , kepitttt teloqqqqq la...

Game player still warming up ...wait lorrrrr



next few months kita revalue again la ...itu time tengok la apa macam ... still -10% lagi ka , or sudah +20% ka or +30%

Posted by Betkaukau > 2019-08-23 09:19 | Report Abuse

So likely incoming AA qtr report huge loss but generate some cash as per previous qtr report? Like that telor sudah pecah loh....

Posted by limiklimik > 2019-08-23 09:20 | Report Abuse

AA price goes up and down all the time, pandai pandai "buy low, sell high" lah:)

Posted by KAQ4468 > 2019-08-23 09:24 | Report Abuse

aiyaaaaa...telur can pecah la if u want to break it ..

if u keep it well inside your underwear , till today pun tak pecah pecah lagi right ?? for many years already dia tak pecah pecah ...still got 2 biji ....

Posted by Betkaukau > 2019-08-23 09:33 | Report Abuse

AA already warning us that result will not look nice after leasing and new accounting but overall still generate some cash. Maybe this is the reason why foreign investor run away.

Posted by KAQ4468 > 2019-08-23 09:43 | Report Abuse

follow below words


AA price goes up and down all the time, pandai pandai "buy low, sell high" lah

Posted by jgb349000 > 2019-08-23 09:53 | Report Abuse

Profit up.

Posted by Betkaukau > 2019-08-23 09:59 | Report Abuse

I will help you all push up AA price after qtr out. Maybe buy some later...

Posted by risktransformer > 2019-08-23 10:20 | Report Abuse

Hehehe..... despite Betkaukau keep talking bad about AA in this forum, the price is still at RM1.82; later he will increase his buy call to RM1.80 (previously from RM1.50 to RM1.60 to RM1.70).

Posted by paktua73 > 2019-08-23 10:31 | Report Abuse

ihik ihik morning ah kaq..
depa ni baru main saham kot ah kaq..
kita steady jer
aku at 1.87++ xketaq teloq..ah kaq klo xslap at 2.
still relax..
berkali play here dah masak pattern AA..
wait sampai bulan 11 baru ka-ching ka-ching..
laa buat pekasam..


tut tut
dah nma pekasam kena peram lama skit baru ummphh..

Posted by InvestWin > 2019-08-23 11:12 | Report Abuse

Concerning AAX loss, I have queries but i usually cannot find time to attend the AGM and some more the venue is around KLIa area, so far away : 1) Why is it that after disposal of aircraft, AirAsia made so much money; but AAX suffered great loss ? 2) Is there some accounting gimmick where AAX is made to bear the bad disposals & AirAsia bear the good ones ? 3) With AirAsia making profit every year & gave good dividends; and AAX losing big money most years, no dividends since listing, Is AAX made the whipping boy every year by the parents ( like the step father who dislike the step son AAX born by the previous father) ? 4) Meaning, all bad loss in the AirAsia Group is transferred to AAX and made AirAsia looks good & gave handsome dividend but AAX to bleed to death ?

Posted by MK4872 > 2019-08-23 11:37 | Report Abuse

Drive what car also no problem la....so long it can get from point A to point B. My car also old....paid off my housing loan in 10 years instead of 30....all savings into IGBREIT, PAVREIT, YTLREIT and now SUNREIT. If possible later KLCCREIT....want to chase Mabel portfolio....then date her for lobster and wine together...no buying new car...buy new shares only la.

Posted by risktransformer > 2019-08-23 11:37 | Report Abuse

@InvestWin, AirAsia Group is NOT the parent of AAX & AAX is NOT a subsidiary of AirAsia Group; they are two entirely different companies & their assets are separately owned/disposed. AAX's big loss was NOT because of AirAsia Group making profits at its expense. AirAsia Group's profit/loss has nothing to do with AAX's big loss.

Posted by InvestWin > 2019-08-23 11:45 | Report Abuse

@risktransformer, From all publication, AirAsia & AAX share resources and same HQ address and management team is headed by similar personalities. Especially the leadership, they know how to make AirAsia profitable; but AAX is losing money most years, all these raise my doubts.

Posted by risktransformer > 2019-08-23 11:48 | Report Abuse

Those who keep thinking that AAX is part of AirAsia Group (or they are related companies), it is just like thinking that Heineken is part of Carlsberg (or they belong to the same company) because they are both beers and sold in green cans or green bottles.

Posted by supersaiyan3 > 2019-08-23 11:50 | Report Abuse

Mamamia, to make my point clear, I think average fare (average ticket price) is a very important number, besides fuel price, load factor etc.

Airasia's average fare has been on a down trend, I think going down from 222-218 sort of range (correct me if I wrong).

So now AAX reports 5% increase in average fare, highly likely average fare will increase by 5% or even more for Airasia too.

[It doesn't mean your ticket price has increased. Airasia use a multi-tier system to sell ticket, the more people buys tickets, the higher the average fare. The next (tier of) tickets get more expensive as more people buys it]

Posted by Baby Shark > 2019-08-23 11:54 | Report Abuse

@Betkaukau told ya. Fund manager will say I am ur clone. hahahaha.

Btw, what price to top up if bad qr? Possible RM1.6?

Posted by risktransformer > 2019-08-23 11:54 | Report Abuse

That's because Tony & his partner are major shareholders of both companies & Tony is the CEO of both companies. They can't manage the two separate companies at two different locations...if that is the case, then they have to keep traveling from location to another to have meetings & do their work (16 hours a day: 8 hours here & 8 hours there).

--------------------------------------------------------
InvestWin: @risktransformer, From all publication, AirAsia & AAX share resources and same HQ address and management team is headed by similar personalities. Especially the leadership, they know how to make AirAsia profitable; but AAX is losing money most years, all these raise my doubts.
23/08/2019 11:45 AM
----------------------------------

Posted by supersaiyan3 > 2019-08-23 11:55 | Report Abuse

MK4872, good on you.

I am also eyeing a car park cum mall listed company in my place, now is super cheap and I am looking to buy even cheaper.

Posted by InvestWin > 2019-08-23 11:58 | Report Abuse

@risktransformer, I think the facts are there to see the link between AirAsia & AAX. I leave to those/ authorities included and whoever responsible for protecting minorities interest to investigate. I got my doubts heard in this forum. I stop my debating with you.

Posted by risktransformer > 2019-08-23 12:11 | Report Abuse

@InvestWin, look into the website below..... note that AirAsia X is not placed as a subsidiary of AirAsia Group. AirAsia X has its own group of companies.

https://centreforaviation.com/data/profiles/airline-groups/airasia-group

-----------------------------

Posted by risktransformer > 2019-08-23 12:36 | Report Abuse

@InvestWin, Tony Fernandez said this: "The whole purpose of setting up AAX as a separate company, is because we believe it should be separated..." Perhaps the news article below will answer your quiries: (please type the "-x" onto the web address bar after u click the link below)

https://www.theedgemarkets.com/article/airasia-no-merger-airasia-x

------------------------------------------

Posted by pussycats > 2019-08-23 13:37 | Report Abuse

Nasi Lemak kini di McD, ramai puji sedap. Kena cuba ni!

Aroma nasi lemak yang wangi, dihidangakan bersama ikan bilis ranggup, telur goreng, sambal tumis pedas dan juga Ayam Goreng McD, memang memikat selera! Patutlah netizen hilang keruan dengan Nasi Lemak McD.


Don't quarrel la.
Hv nasi lemas at Mc D...
Very sedap.
Enjoy la.

Posted by MK4872 > 2019-08-23 13:39 | Report Abuse

supersaiyan, aiyo....got good lobang intro to me la....what stock code ar? i look see look see worth investing mou.....promise if make money, i belanja teh tarik geh

Posted by MK4872 > 2019-08-23 13:51 | Report Abuse

BKK, not everyone like you la....have super power can control a main board listed counter share price and make money ma....we all small ikan bilis......you can buy big car la....we cari makan jek.

My car also 20 year old jor but i also got 1 kapcai....but i ok la....this month end i get to eat McD Happymeal cos get SD from AA. My number of share in AA not much jek....cannot eat lobster.

Posted by KAQ4468 > 2019-08-23 15:00 | Report Abuse

waaaaa....ada orang can control main board counter share price ka ??

huuyoooo...siapa itu ?? how many RM got ??


ray dalio ?

Posted by Stockpicker > 2019-08-23 15:07 | Report Abuse

ChefSaham,

Please read AAX's condensed consolidated income statement which shows EBITDA with care. AAX adopted MFRS 16 in 2019 which requires recording of long term leases into balance sheet but they did not reclassify 2018 numbers for like-to-like comparison on the face of the financials (the impact was instead disclosed in the notes). You would notice that its Aircraft Operating Lease expenses in 2019Q2 was zero compared to 2018Q2 at RM214,992,000.

Note 2 showed Aircraft Operation Lease expenses of RM249,636,000. Once you do the reclassification to move it back on top for like-to-like comparison, the EBITDA deteriorated from negative RM60,489,000 in 2018Q2 to negative RM128,817,000 in 2019Q2.

BTW, with MFRS 16, the Aircraft Operating Lease is now treated as Financing Activities. Therefore, once this is reclassified, the statement

.... "The Company reported a net cash generated from operating activities of RM268.8 million, a significant increase year-on-year (“YoY) from the previous year’s RM23.5 million."

.... becomes RM268.8m - RM249.6m = RM19.2m which means it is generating less cash compared to the year before.

AAX will probably need another rights issue soon.

Posted by newinvestor17 > 2019-08-23 15:58 | Report Abuse

ray dial wouldn't be bothered with shitty companies like this kaq4468

Posted by Betkaukau > 2019-08-23 16:26 | Report Abuse

Going 1.70 soon. Buy after qtr result. Get ready ur underwear and bulu....