Posted by shortinvestor77 > 2019-11-29 18:10 | Report Abuse

Just bought a little 100 lots to support.

Posted by smalltimespeculator > 2019-11-29 18:24 | Report Abuse

From RM2.70 dropped to RM1.80 after the special dividend.. and continue dropping.

Why did people not see the potential in such a good share ?

It should climb back up towards rm2.70 if there was real intrinsic value.

Posted by stockmarket101 > 2019-11-29 18:49 | Report Abuse

I look east look west, look left look right, and still conclude that AA is one of the very best if not the best growth stock in Bursa.

Posted by myway > 2019-11-29 18:58 | Report Abuse

Investors looking for rebound candidates heading into 2020 should keep Malaysia off their lists, according to Jefferies Financial Group Inc.
https://www.theedgemarkets.com/article/one-asias-stocks-laggards-still-no-go-jefferies

Posted by EngineeringProfit > 2019-11-29 20:01 | Report Abuse

cheap gets cheaper......towards below 1.00?

Posted by lsmpro888 > 2019-11-29 20:47 | Report Abuse

Man this is confusing . will let go first , be back later . thx

Posted by Trouble Huat > 2019-11-29 22:44 | Report Abuse

buy when everyone fear. hehe

Posted by Mabel > 2019-11-29 23:44 | Report Abuse

Meow!

Posted by Jeffreyteck > 2019-11-29 23:56 | Report Abuse

https://www.thestar.com.my/news/nation/2019/11/29/scanda-sky-clarifies-that-it-did-not-portray-itself-as-airline-company
Very funny and ridiculous situation confusing many. Scanda vs Scandal vs authority vs airlines.

Posted by DAN84 > 2019-11-30 00:26 | Report Abuse

Collect moreee! :)

Posted by apple168 > 2019-11-30 06:54 | Report Abuse

High labor cost
+
High rental cost (renting airplane to fly)
+
High oil price
+
High competition from other airlines

= LOSS MAKING AIRLINE COMPANY
= AIRASIA
= GG

Posted by i3lurker > 2019-11-30 07:02 | Report Abuse

Posted by apple168 > Nov 30, 2019 6:54 AM | Report Abuse
High labor cost
+
High rental cost (renting airplane to fly)
+
High oil price
+
High competition from other airlines
+
High profits

???????

Posted by Aristocats > 2019-11-30 07:25 | Report Abuse

paperplane=== 21% still unimpressive? Lol
30/11/2019 12:43 AM
=====

Gone oredy Public Mutual Fun.
Gone oredy ASN, ASB, ASW, ASM etc

OMG.
The real Robot investing for Msian is here with unimpressive 21% returns lah.

This Stashaway should have come to Msia earlier lah.
Ma ma mia... Only today I heard of this unimpressive robot investing.

https://klse.i3investor.com/blogs/httpswwwmykayapluscom/241938.jsp

Posted by geary > 2019-11-30 09:05 | Report Abuse

Hahahaha...Thumbs Up!...Amazon of Travel in the making...Hold...!!!...Unearned revenue, FCFF, FCFE both enterprise n equity value growing yoy...Present market value is reasonable...@<1.65...Undevalued...Floor value...@<0.90...Good luck everyone in AAG...!!!

Posted by freddiehero > 2019-11-30 10:36 | Report Abuse

red eagle too heavy.. is time to rest!

Posted by 500Bilis > 2019-11-30 10:37 | Report Abuse

Looking at current price below 1.70, it is really a temptation to re-enter. Shall have a real look on Monday/Tueday and decide...

Posted by paktua73 > 2019-11-30 11:44 | Report Abuse

paktua decided to put final battle at 1.65
as like long time ago..
got one Knight warrior..
icon8888 was enter at 1.65 and run above 3.++

tut tut
love fight on red devil sea..
many run then thas we enter huge

Posted by 500Bilis > 2019-11-30 13:04 | Report Abuse

OK Paktua. Ada Paktua dan red troopers tak usah takut. Berani lawan...along Paktua !

Posted by ChefSaham > 2019-11-30 14:09 | Report Abuse

support is at 1.65 everytime touch 1.65 will rebound and touch 1.9+ short term can play within the range

Posted by strattegist > 2019-11-30 14:58 | Report Abuse

yeahhhhhhh...

Posted by ChefSaham > 2019-11-30 15:58 | Report Abuse

long term wise still believe in AA transformation, rmb tony once said he value cash flow more than profit and i agree cash flow and working capital sometimes is more important

Posted by myway > 2019-11-30 17:06 | Report Abuse

香港局势致需求跌-国泰航空将削减座位容量
http://www.enanyang.my/news/20191130/香港局势致需求跌-br国泰航空将削减座位容量/

Posted by RainT > 2019-11-30 17:38 | Report Abuse

if AIRASIA continue to make loss,huge losses

its retained earnings will become accumulated loss

by that time, use what to pay dividend?

yes, cash flow is good, prospect also good

but making loss will not make the share price go up, and shareholders maybe cannot get dividend if retained earnings become accumulated loss

Posted by RainT > 2019-11-30 17:39 | Report Abuse

dont believe 100% Tony said la

cannot trust 100% one

he like to talk big, but do different

if u invest long enough in AIRASIA then u know

Posted by shortinvestor77 > 2019-11-30 18:19 | Report Abuse

When 4th Q is well doing, investors will happy. . Non investors will cry.

Posted by shortinvestor77 > 2019-11-30 18:20 | Report Abuse

When getting digital bank licence, investors will smile will non investors will sad.

Posted by Aristocats > 2019-11-30 22:15 | Report Abuse

shortinvestor77=== When getting digital bank licence, investors will smile will non investors will sad.
30/11/2019 6:20 PM
======

When AA get digital bank lesen, AA still has to compete with local Msian bank.
U think AA life so rosy kah after get digital bank lesen???

Posted by toto > 2019-11-30 23:52 | Report Abuse

I sold off all my AA earlier, now loaded some again.

Posted by tash1 > 2019-12-01 01:54 | Report Abuse

Agree with rain T, those who hold u will know. I’m not saying this won’t go up, it might butttt there are plenty of stocks with better roi than this. I sold off all my units after so long wait for it to up

Posted by paktua73 > 2019-12-01 12:19 | Report Abuse

ihik ihik..paktua suka suka..
same story when AA crash until 0.80 long time ago..

paktua remember on 2016 also same rhythm their sing..
who remember what happen on that time?
AAa lso play same pattern like right now..

ihik ihik..

lai lai..who want to sell let sold off tomorrow..
paktua dare to reloaded..

tut tut
we red stock legions never fear on any red wave

Posted by DAN84 > 2019-12-01 14:05 | Report Abuse

cantik2 pak tua. I ikut pun lah! tut..tut...

Posted by Koyee > 2019-12-01 19:47 | Report Abuse

you guys are super funny....even this quarter loss also not cash related.... those are paper loss... haha.... positive cash flow is the most important of all... CASH income... not "net profit"... what for record net profit but negative cash flow? if u own a business you will understand this. You can earn billions on paper but if those billions are not real cash you are dead.

look at london biscuit...quarter after quarter positive net profit...but cash flow negative all the way until no money pay bank... recent quarter have to book impairment for "net profit" aka "receivables" which they could not collect real cash from their customer lol... those who say prolonged negative cash flow is good must be ignorant...

now here is a real good tip.... If AA didnt pay 0.9 div they would have about 5.5b in cash now. that would translate about rm1 cash per share and also AA have 0 debt (wonder if u funny fellas know this at all).

I really wouldn't mind if AA keep posting net loss but generates positive operation cash flow of circa rm1-2b every quarter. LOL! and i hope it remains cheap for us to keep collecting more units.

Final tip. Q4 + Q1 two seasonally strong quarters coming ahead.

Digital transformation? who cares.... cash flow i care! LOL.

But i gotta give credit to AA. Teleport on target for rm400 million in revenue only in its 2nd year operation. How many companies can do that? 5 years - 10 years down the road? Billion ringgit revenue is not that far off.

Bigpay? yeah some say digital license doesn't mean making money. I agree. But with licenses it opens up their door into new market (Singapore & Asean) and deploy their product. Also biggest e-money platform in Malaysia in terms of transaction value only in 2nd year also? Not too bad.

Airasia.com? November already started to sell other airlines tickets plus activities hotel and so on.. it takes time... lets see what happens next.

Bear in mind current valuation have not taken into account of all the digital initiatives. to me, nothing to lose. As long as they are not burning cash for their new businesses.

Those of you who dont like AA can move on other counter why keep coming back bashing AA? lol...dont waste your time.. let us who like it share real reliable info.

Posted by Cupcakes69 > 2019-12-01 20:50 | Report Abuse

@Koyee

Frankly, it doesn't make much sense to me for people who like a stock to demand for critics to stay out and stop sharing their thoughts. This is an investing forum after all, where both sides convene to share their findings and opinions, not a fan-club.

With regards to cash flow, while I agree that it has its place in stock analysis, its important to realize that while operating cash flow is derived from adding back non-cash expenses into profit, most of them are expenses nonetheless. Such as depreciation, while they don't pay them now, they will have to pay them at some point in the future by buying new PPE. Also, some cash inflows come from borrowings and not operations, and these aren't exactly the kind of cash inflow you want to see. In Airasia's case, I find it difficult to reconcile the logic of borrowing RM520 million and still pay RM3.4 billions in dividend this year. It seems to me that if they reduced their dividend instead of borrowing, it would have saved them from incurring interest expense. Perhaps I'm missing something, I often do, that's why I appreciate the thoughts of others to shed some light into how I may be wrong instead of condescendingly rebuking them outright.

As for ...

"If AA didnt pay 0.9 div they would have about 5.5b in cash now. that would translate about rm1 cash per share and also AA have 0 debt"...

I'm not quite sure of the relevance of this, they paid the dividend so they don't have RM1 cash per share (not necessarily good thing) and 0 debt.

As for their digital transformation, virtual banking license, teleport, honestly it's anyone's guess at this point whether they will pull it off or not but I'm hoping they do, because whether we own the stock or not, thriving businesses is always in the our best interest. I have a BigPay card, love it because it benefits me personally, but I'm not buying the stock.

Posted by anticonman > 2019-12-01 20:51 | Report Abuse

If not cash related why Dec dividend no more?

Posted by paktua73 > 2019-12-01 20:51 | Report Abuse

paktua suka suka..
even demon hunt down
we still dare be here until AA rise back above 2.00..
paktua never care else..
never care other say..
paktua dare to dive more deep..
even no one dare to be here..

tut tut
stand reloaded final at 1.65
dare to fightbor die try..

Posted by anticonman > 2019-12-01 20:58 | Report Abuse

Depreciation of right of use asset (443,157)

Why big amt?

Posted by paktua73 > 2019-12-01 21:02 | Report Abuse

paktua suka melalak bila angin pessimism melanda..

let hear this
we are here..
real red stock warriors..
we never care what else..
we never fear on downtrend rally..

for red stock army..
downtrend is our battlefield..
greenland is our destiny..
we never fear any..
never scared or greedy..

we're red stock troopers..
be a man is ur soul..
dare to die spirit we follow..

we're real fighters..

https://youtu.be/_DZpLUDgIAc

were the warriors on this battlefield..

tut tut
is real red stock warriors.
stand reload for final fight at 1.65
let bring it tomorrow..
dare to buy or die try

Posted by paktua73 > 2019-12-01 21:28 | Report Abuse

paktua love melalak..
too all pessimism out there..
let hear our call!!

we are real red stock hunter..
we was prove long enough..
we will fight when reach our buy call..

we're real champion on red wave
our real fight in red wave battlefield..
we arrived..we marching our spirit echos louder..

we come..we in..we set..we hunt..
fear never lead us ever!!
we will lead the wave..
we will conquered the battlefield..

let hear this..
let spirit spread all around..
we're a fearless warriors..
and we will marching on..

we're the warrior on red wave..
we're the champions.. unbeatable..
who are we???

let we sing louder...

https://youtu.be/0RfSrWYbyHw

we're red stock hunter..
red wave is our field..
dare to fight or die try
is our motto..



tut tut
troopers stand fight!!

Posted by Koyee > 2019-12-01 21:32 | Report Abuse

Relevant critics are welcome.... but most are not even concrete critics... and most comments are not even based on facts and even misleading to others.

Of course depreciation is in fact a cost factor. But are these costs reflects what actually paid by AA in the specific quarter or is it just accounting factor including future expenses? Are the high costs of depreciation and leases in the current quarter reflects the TRUE expenses of the current quarter? No it doesn't because it involves future expenses as well.

Under MFRS 16, which governs the accounting of leases in a company’s financial statements, a company has to recognise the interest expense on the leases it has taken as well as the depreciation on the assets leased.

The new MFRS 16 requires that the company recognise existing off-balance sheet operating leases. Hence, a company shall recognise the right-of-use of assets, EVEN THOUGH the company DOES NOT OWN THESE ASSETS, as well as lease liabilities or the present value of FUTURE LEASE payments.

Depreciation and interest expense recognised under MFRS 16 EXCEEDED the REAL OPERATING LEASE EXPENSE that they replaced.

They do now own those planes. Depreciation booked in the P&L statement are merely for new accounting standards. What they actually have to pay are lease expenses which would be way lower than the depreciation , interests and right of use assets for PRESENT AND FUTURE VALUE.

In the longer term, it will be lower than what it is now.

So my argument is that they are capable of generating positive cash flows from operations of 2.4b in this one quarter is great.

No, there are no borrowings under cash flow from operations at all.

Cash from borrowings are booked under cash flow from financing. It's merely 500+ million which is pretty normal for companies to utilize it depending on interest rate offered. And they needed that during the quarter as they've used 4b to pay off debts from the planes and 3b plus for dividends.

My bad, i mean their GEARING is 0 . Not DEBT. All companies utilizes certain levels of financing for operations. That's pretty normal.

My statement regarding the 0.9 cents dividend is of course relevant to the valuation of the company. When you buy a company one of the most important factor is of course the valuation of it. If AA did not spent 3b plus for the dividend payout they would have COLD HARD CASH of rm5.5b which is almost the same as their market cap which means for every share you own, you own about rm1 cash of it theoretically.

Like i said, who cares about the digital initiatives as long as they are not burning their cash flow to build the new businesses? The fact is they did not. If they manage to build one or few new good businesses without much cost GREAT, if they don't it doesn't even matter at all. Teleport alone can cover all the other expenses of digital platforms.

For anticonman who asked why no dividend for December? Because this current quarter reported was for Q3 meaning July-September. December or 4th quarter will be reported circa end of Feb. Clear? and i predict there will be a round of final dividend if they can generate the same cash flow from operations again. There again, it's only a prediction. Decide for yourselves.

Posted by paktua73 > 2019-12-01 21:42 | Report Abuse

paktua love all con and pro views here..
paktua love all..
just paktua hate when all got all knowledge..
full study on fa/Ta..
but..
when on real battle ring..
many got feeble hand..
confuse..fear the take as a leaders..
and becoz of that paktua bring fight song..

tut tut

Posted by paktua73 > 2019-12-01 21:53 | Report Abuse

paktua melalak last one ..

let them know..
red stock legions not only blindly song a sing..
we sing real warriors attitude..
we not bluffing,,we not simply arrived..
we're real fighters..we want all be together..
fight as one..

let hear last warriors call...
for strong fight tomorrow..

you're the brave ones,
let we sing more..

we sacrifice our blood,
we fight for honor
our armours stained bloods beast
we kill all of fear

we are the chosen ones,
it's seem to us the journey
will never end,
so many years to many battle
we will beat it all not even left an single..
we will fight till the end
even only left we the last stand

we are the brave ones,
no more living in fear's
our armours stained bloods beast
we kill all of fear
we are the chosen ones,

now will arrive back
and standing at the gate
we will wait hit and strike

we are the chosen ones,
heroes of the days..
legends forever,
end glory we return
our destination's end

https://youtu.be/jc4XUkodlTk


tough fighters belong to the tough battlefields.


tut tut
brothers rise our sword..
let unite

Posted by paktua73 > 2019-12-02 09:00 | Report Abuse

general paktua sing for his red stock platoons..
troopers..
let we sing a red stock troopers theme song..
let sing are song..

we're red stock troopers
be a man is ur soul..
dare to die spirit we follow..

will stay in position to take a strikes..
we're soldiers red stock hunters
red we come..green we go..
rogue wave we ride..
clam winds we left it..

we're red stock troopers
be a man is ur soul..
dare to die spirit we follow..

dare to die we make it happen..
fear we blow it.. brave we take it..
dare to buy that we should ride..

we're red stock troopers
be a man is ur soul..
dare to die spirit we follow..

die die but never die either..
now we will fight to win..
up bring the pride..
down we will ride..

we're the red stock troopers..
be a man is our soul..
dare to die spirit we follow..

https://youtu.be/_DZpLUDgIAc


tut tut
troopers..take position..

Posted by strattegist > 2019-12-02 10:44 | Report Abuse

stabilized...

Posted by RainT > 2019-12-02 12:27 | Report Abuse

wah

cash flow is importand indeed

if can accounting profitable and also operating cash flow positive then even better

Posted by RainT > 2019-12-02 12:28 | Report Abuse

if continue make big loss, retained earnings going to become accumulated loss

from where AIRASIA pay dividend even have cash?

also positive operating cash flow dont make the share price go up

as most market players is dumb and cannot see that, they only see profit grow and grow

Posted by strattegist > 2019-12-02 12:51 | Report Abuse

relax...

Posted by Koyee > 2019-12-02 12:58 | Report Abuse

Rain of course if net profit positive and cash flow positive then its best. But mfrs 16 affects (net profit) which what most of u think is the be all end all story. Aiyooo already explain still dont understand ah... hahaha

Rain... omg... why u so ignorant... the loss are paper loss it doesn’t affect CASH. Even if you have billions in retained earnings ON PAPER but u have no cash what is the use? LOL! Have a look at london biscuit.

Airasia is cash flow strong WHY ON EARTH AIRASIA CANNOT PAY DIVIDEND? OMG... cannot believe u ask from where they pay dividend. From its CASH FLOW!! DUH!

First day in share market? There could be plenty of reason the share price drop or rise. KLCI itself is on the low. Share price will never be linear.

Finally you are correct!
As most market players (retailers) is dumb and cannot see that.

Yes they only depend on “net profit”. Well, good lah if they cant see haha price remain low for collection. Once the real value pop up its too late already. DUH!!

You only want to follow the herd isit? Not surprising at all, kekeke.

Posted by Agjl > 2019-12-02 13:00 | Report Abuse

I read here....after AA latest results, still lots of positive comments and hard core supporters. Meanwhile, also some got disapointed. Some of the the disapointed one chose to voice up and complain and refute what the supporters said and tryiing to debate whether positive cash glow, negative cash flow, accounting standard and so on and so on. On the other hand, another group of disappointed one chose to keep quiet do their own maths and assessements and decided to eothwr lock on profit, cut loss or get out quietly without making a fuss or offend the hard core supporters.

I m glad i am the second group who chose to be quietly cut loss and move on.

To those who are still in, i sincerely hope all will make a positive return on AA. To those who have left, also hope all of you will find returns on some other counters.

No one is right or wrong. A person can be so right and yet still making losses and a person can be so wrong and yet making good profit. This is the beauty of BURSA. Hope all is well and have a very merry christmas to all. Wish all good tidings and a very prosperous year ahead!!! Cheers!!!

Posted by Koyee > 2019-12-02 13:17 | Report Abuse

let me simply it for u confused headless chickens.

What does a share represents?
A business.

What is the main purpose of running a business?
Earn money aka CASH.

Still don’t understand? Go ask anyone you know that’s running a business on how important a positive cash flow is to a business.

That’s it. Adios boys.

Posted by Kendo Ken Hz > 2019-12-02 14:01 | Report Abuse

The share price says it all...