Posted by memorylane > 2020-07-06 19:18 | Report Abuse

now i know why airasia just holding my ticket refund case for 3 months without progress... they are really in bad shape, nearly dried of cash flow...

Posted by memorylane > 2020-07-06 19:22 | Report Abuse

actually quarter ended 31 Dec 2019 last year already negative EPS... they cannot breakeven even during most peak Christmas quarter... due to the aircraft leasing operating model which incurred a lot of cost due to aircarft rental.... and this have not yet factor in Covid impact....

Posted by newbie4444 > 2020-07-06 19:27 | Report Abuse

2 weeks MCO >800 million loss? How about next QR longer MCO?

Posted by Good123 > 2020-07-06 19:34 | Report Abuse

Melbourne second wave signals setback to tourism, education hub

ECONOMY

Monday, 06 Jul 2020

2:00 PM MYT

Posted by Good123 > 2020-07-06 19:34 | Report Abuse

a lot of uncertainties

Posted by ivanlau > 2020-07-06 19:43 | Report Abuse

sorry to say...... new tp 65 - 70 cents...........

Posted by Good123 > 2020-07-06 19:43 | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2020

AIRASIA GROUP BERHAD
Financial Year End31 Dec 2020Quarter1 QtrQuarterly report for the financial period ended31 Mar 2020The figureshave not been audited

Attachments

AAGB Bursa Announcement Q1 2020.pdf
482.3 kB

Default Currency

Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER

CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

31 Mar 2020

31 Mar 2019

31 Mar 2020

31 Mar 2019

$$'000

$$'000

$$'000

$$'000

1Revenue

2,311,761

2,728,228

2,311,761

2,728,228

2Profit/(loss) before tax

-967,154

214,306

-967,154

214,306

3Profit/(loss) for the period

-953,324

101,609

-953,324

101,609

4Profit/(loss) attributable to ordinary equity holders of the parent

-803,845

96,089

-803,845

96,089

5Basic earnings/(loss) per share (Subunit)

-24.10

2.90

-24.10

2.90

6Proposed/Declared dividend per share (Subunit)

0.00

0.00

0.00

0.00

Posted by Good123 > 2020-07-06 19:44 | Report Abuse

rugi besar rm800mil walaupun PKP bermula Dalam Bulan Mac

Posted by Good123 > 2020-07-06 19:44 | Report Abuse

Q2 nanti lagi teruk kot?

Posted by DannyArcher > 2020-07-06 19:47 | Report Abuse

muhyddin says need 4 years for tourism to recover. 4 years.... Genting, AA, AAX, Hotels all gg... if not 4 years, also GG for 2 to 3 years.
https://www.nst.com.my/news/nation/2020/07/606284/pm-local-tourism-industry-will-need-four-years-recover

Posted by Daily8 > 2020-07-06 19:48 | Report Abuse

GOOD THAT QR IS OUT! NO NEED TO MAKE NOISE ANYMORE.

BUY BUY BUY! LAST CALL.

ALL THE LOSSES ALREADY FACTORED IN.

ALREADY MENTIONED MANY TIMES, THIS QR IS RED RED! LOL

Posted by Daily8 > 2020-07-06 19:48 | Report Abuse

U NEVER KNOW IF RED QR THEY FLY.

Posted by Daily8 > 2020-07-06 19:50 | Report Abuse

Stock: [AIRASIA]: AIRASIA GROUP BHD

Jun 26, 2020 1:19 PM | Report Abuse

The whole world is EXPECTING THE AIRLINE TO COLLAPSED. EVERYONE IS EXPECTING THE TRAVEL TO HALT BECOZ OF C19.


MALAYSIA RECENTLY ARE RECOVERING IN SINGLE DIGIT INFECTION AND SOON IT'S GOING TO BE BACK TO THE NEW NORMAL LIFE.

WITH VACCINE ON THE WAY, WE WILL EXPECT THE NEW NORMAL BECOME NORMAL LIFE ONCE AGAIN EXCEPT OLDER/SICKER/LOW IMMUNITY FOLKS NEED TO BE MORE CAREFUL WHEN COMES TO MOVEMENT.

TELL ME WHO DOESN'T KNOW AIRASIA WILL HAVE NEGATIVE EARNING? WHO DOESN'T KNOW AIRLINE IS MAKING LOSSES DUE TO THE MCO?


WHO DOESN'T KNOW AA HAVE NO BUSINESS ??! WHO DOESN'T KNOW AA QR IS BAD SOON???
WITH ALL THE PHYSICAL AND ONLINE NEWS, EVEN MY DRIVER ALSO SAID AIRASIA WILL HAVE POOR BUSINESS!

1.72 FALL TO 1.00 DUE TO CONCERN OF MU FOOTBALL ALLEGATION!

97 C FALL TO 50 C DUE TO MCO C19!

1.72 TO 50C COME ON MAN...! 70% FALL

CURRENT PRICE AT 86 RESEMBLE A 50% FALL FROM 1.72 !

Posted by Daily8 > 2020-07-06 19:53 | Report Abuse

Stock: [AIRASIA]: AIRASIA GROUP BHD

Jun 26, 2020 1:30 PM | Report Abuse

Daily8 In all, the research house is expecting AirAsia’s net loss to widen to slightly over RM1.7 billion in the financial year ending Dec 31, 2020, with revenue slated to slump to RM8.29 billion.

NOTE:
Last Thursday, AirAsia co-founder and group chief executive officer Tan Sri Tony Fernandes said at an interview that the airline did not need to be bailed out by the government, but that “it’d be great to get a loan”.

THE CLUE IS ALREADY OUT!
26/06/2020 10:42 AM


READ THIS 5 TIMES! I REPEAT, READ THIS 5 TIMES!

Posted by buffet3333 > 2020-07-06 19:55 | Report Abuse

TOMORROW LIMIT DOWN !!!

2 weeks MCO in March already lost 800million, Q2 results in September will lost? 5 billion???

Posted by SSTT > 2020-07-06 19:58 | Report Abuse

gg just bought in 0.90, morning cut lose ==

Posted by tianchoy > 2020-07-06 20:01 | Report Abuse

1st Quarter result-lost 800 million
2nd quarter expected results - even worse.start of MCO. predict -lost 1.2 billion or even more
Cash reserve at 31/march 2020 is 1.6 billion
Therefore by 30/June /2020 is 1.6 -1.2 = 400 million
logically the company is in deep shit. monthly expenses is around 1.6 billion/12 is 133 million
400 million can only last 3 months. good luck

Posted by dixon19 > 2020-07-06 20:02 | Report Abuse

tmr buy cheap ticket

Posted by MaYun > 2020-07-06 20:02 | Report Abuse

phew , loss close to a quarter ringgit per share.
expect to loose more next QR report , as practically the airline is almost not operating.
phew ....

Posted by buffet3333 > 2020-07-06 20:14 | Report Abuse

stop promoting glove at every forum lah, glove bubble will pop and tears start flowing....just that tomorrow sell all AA at 9.00am (not 9.01am ok)...buy something else with high dividend and stable

Posted by Daily8 > 2020-07-06 20:15 | Report Abuse

secret investor 8888, u finally released out kah?

i thought you have been banned last week? LOL

Posted by Daily8 > 2020-07-06 20:15 | Report Abuse

All your comments with report abuse kah??? hahaha

Posted by 123eztrade > 2020-07-06 20:15 | Report Abuse

AA will have record losses this coming QR..is it factored into current price ?

Posted by Daily8 > 2020-07-06 20:16 | Report Abuse

Let's see how. I don't mind lol

Posted by Bobii > 2020-07-06 20:17 | Report Abuse

@daily8 I feel sad for you. Hope you can sleep well. Sadly to say, AirAsia will bankrupt soon if not borrow more money. If you know how to read the balance sheet, go have a look at its current/non current liability. They do not have enough liquid asset to cover the debt expiring in this year. Borrowing more money to pay the debt will only delay the situation. Issue more shares will dilute your future earning.

You point of whole market already know AirAsia will be red doesn't valid. We all know the market is irrational and mispriced by dumb people.

Posted by Daily8 > 2020-07-06 20:22 | Report Abuse

Bobii, AA bankrupt ok, no bankrupt also no problem.

Fight no use. Tomorrow see lor, hor.

Posted by Khoo810 > 2020-07-06 20:24 | Report Abuse

Sell...coming wil be bigger lost.
Right issue rm0.3 coming

Posted by Aaron_tan > 2020-07-06 20:26 | Report Abuse

lol, u all bunch of sohai why put ur money into those sector impacted by covid !!!!

Posted by AnchoviesswimwithSha > 2020-07-06 20:28 | Report Abuse

Run before u tutup kedai!

Posted by Daily8 > 2020-07-06 20:34 | Report Abuse

suddenly so many fake IDs out. Bravo hahaha

Buy AA, don't forget! haha

Posted by Stock Wizard (know yourself) > 2020-07-06 20:35 | Report Abuse

steady air asia , never worry

Posted by Daily8 > 2020-07-06 20:37 | Report Abuse

Of course, I hope AA fall too, haha.

Up ok, down also ok. LOL

Posted by kory1310 > 2020-07-06 20:46 | Report Abuse

@Daily8 hahaha so confident

Posted by greedy44444 > 2020-07-06 20:46 | Report Abuse

Don't worry, Malaysia investors like to buy loss making companies. Tomorrow big sharks will help AA push to 1.00

Posted by kory1310 > 2020-07-06 20:46 | Report Abuse

panic sell tmorrow or not

Posted by spermx > 2020-07-06 20:48 | Report Abuse

Luckily I sold mine and moved to super..
Walao those holding aa sure can't sleep la

Posted by lanikai > 2020-07-06 20:49 | Report Abuse

Hahaha, this Q1 almost 1 billion loss.

Q2 = RM 2 billions loss
Q3 = RM 1.5 billions loss
Q4 = RM 1 billion loss

Total expected losses RM 5.5 billions for this FY2020.

Airasia cash reserves/short term assets RM 5 billion only https://simplywall.st/stocks/my/transportation/klse-airasia/airasia-group-berhad-shares#health

Most likely, need tax payers money to bail out them.

TP: 0.3/4

Posted by JK22 > 2020-07-06 20:59 | Report Abuse

This result is as expected and next QR result also already expected. Short selling suspended till Dec 31. No many can afford to push down the price without good gain. Nothing to worry until then.

Posted by icecool > 2020-07-06 21:00 | Report Abuse

QR Boom !!!

Posted by icecool > 2020-07-06 21:00 | Report Abuse

again....

Posted by icecool > 2020-07-06 21:02 | Report Abuse

what TP cimb going to give this time ?

Posted by infinity888 > 2020-07-06 21:05 | Report Abuse

gg

Posted by infinity888 > 2020-07-06 21:05 | Report Abuse

tmr limit down

Posted by chiahs > 2020-07-06 21:06 | Report Abuse

Profit before tax, nearly -1bil :(

Posted by kata888 > 2020-07-06 21:06 | Report Abuse

You will be suprised how the market react to this news tomorrow

Posted by lversoncylee > 2020-07-06 21:07 | Report Abuse

All in, help air Asia.. don’t worry... haha

Posted by chiahs > 2020-07-06 21:08 | Report Abuse

nta 0.89 from 1.33, equivalent to 2007/8 nta :(

Posted by infinity888 > 2020-07-06 21:08 | Report Abuse

sell la why hold a company with 1 billion loss AND its only till march LOL..... Q2 I think 2 billion LOL

Posted by chiahs > 2020-07-06 21:08 | Report Abuse

time to catchup...

Posted by tamp0i > 2020-07-06 21:12 | Report Abuse

I like to buy cheap. Come panic sell...