Posted by freddiehero > 2020-07-30 19:42 | Report Abuse

sha lala.. in the morning..

Posted by theidiotone > 2020-07-30 19:52 | Report Abuse

AAX net liabilities of 800m++

Posted by IronShirt > 2020-07-30 20:10 | Report Abuse

The worst is yet to come.... 2Q20....No foreign planes can enter China, Japan & Korea from April till
June

Posted by Good123 > 2020-07-30 20:10 | Report Abuse

aax rugi rm500mil , net assets per share sudah negatif 21sen. AirAsia Dan aax rugi, jewel adalah tune protect

Posted by Good123 > 2020-07-30 20:13 | Report Abuse

Q1,2020: AirAsia rugi, aax rugi, tune protect untung.

Q2, 2020: airasia ?, aax ? tunnel protect untung (Dah umumkan).

Posted by Good123 > 2020-07-30 20:13 | Report Abuse

jualkan AirAsia Dan aax, Beli tune protect

Posted by JJchan > 2020-07-30 20:33 | Report Abuse

Tony once a snobbish and extremely Proud Fellow (when AA was flying High) Now got to kneel
down and beg Banker(s). Not only he has find money to keep AA planes flying, he has to Top-
Up aax equity as required by PN17 ( no small amount since his Gang holds 40% of aax)

Posted by Godofgambler > 2020-07-30 20:51 | Report Abuse

Jjchan... Easy to say...
At least Airasia is famous in international level.
Malaysia is proud of Airasia.
Every airlines is having difficultiea not just AA.
Only time will heal.
Once vaccine out people will travel again.

Posted by rogers123 > 2020-07-30 20:53 | Report Abuse

JJchan Tony once a snobbish and extremely Proud Fellow (when AA was flying High) Now got to kneel
down and beg Banker(s). Not only he has find money to keep AA planes flying, he has to Top-
Up aax equity as required by PN17 ( no small amount since his Gang holds 40% of aax)
30/07/2020 8:33 PM <--- Hi my old frenz. U r here BS again?

Posted by Good123 > 2020-07-30 21:09 | Report Abuse

right issue or private placement or selling tune protect, otw probably :)

Posted by Raymond Tiruchelvam > 2020-07-30 21:21 | Report Abuse

dear fellow investors, what do you think Q2 result is going to be for airasia? It will probably be the worst qtr result ever with the whole Q months planed grounded...and with that confirmation, there is little to no hope of holding on to the shares, unless you are a key shareholder. If you are only a retail investor, sell and buy after the Q2 announcement when the price will get whacked... just my 2 sen advice - resumption of flights is not a "good" news its only an expected news... and theres a big difference

Posted by Panorama1 > 2020-07-30 21:22 | Report Abuse

Wow ! Just look at AAX results especially the Balance Sheet (Shareholders Funds) at a glance !

Posted by Whoisthis > 2020-07-30 21:33 | Report Abuse

AA pilot: Aiiya...i got a grab food call again ! talk to u later...u guys carry on..ya i support u all..AA power xia!!

Posted by Speculator123 > 2020-07-30 22:32 | Report Abuse

Guys this is not the counter to buy at the moment. Covid 2nd wave is breaking out. Airasia flight to east malaysia cut down. The next qr will be much worse, may reach rm1.5 billion. Whatever nta now will be much lower next qr. The forward pe is getting more negative. U guys might want to sell on rebound. I believe the stock is worth 30-40sen at most. Please be careful

Posted by Speculator123 > 2020-07-30 22:35 | Report Abuse

There is a reason some company at possible pn17. By next qr if funding is not secured airasia will be pn17. If u r holding, ask urself r u ok if the price drop to 40 sen

Posted by Condom003 > 2020-07-30 22:42 | Report Abuse

https://klse.i3investor.com/m/blog/motairang/2018-11-08-story181602.jsp now airsia 0.64 can buy 2 lot of Bcmall 0.315 healthcare stock..while you see LYC healthcare every quarter loss many also can up till 0.4++ means covid 19 that hot $$ all pump in glove and healthcare stock ! Bcmall not yet start goreng and fundamental ok..buy Airasia while global covid patient really start reduce

Posted by Good123 > 2020-07-30 22:44 | Report Abuse

Date: 22/07/2020 

Source : AmInvestStock : AIRASIA     Price Target : 0.41     |     Price Call : SELL    Last Price : 0.64     |     Upside/Downside :  -0.23 (35.94%)

Posted by DChosen2 > 2020-07-30 22:45 | Report Abuse

Not only Q2, now we are at the end of 1st month of Q3 ... Any improvement and good news yet?

Posted by DChosen2 > 2020-07-30 22:48 | Report Abuse

Operator want to push the price high also need good news to do tht .. without tht who would follow the push?

Posted by Condom003 > 2020-07-30 22:51 | Report Abuse

Now airasia no angin..how to goreng up...all pump in healthcare and glove stock...this situation like pass few year goreng furniture stock etc Latitud, Flbhd, Mieco, Evergreen,Shh, Hevea, Pohuat...while the angin stop the reallly sustain one only left Pohuat / Lihen/ Jaycorp

Posted by Condom003 > 2020-07-30 22:56 | Report Abuse

https://www.google.com/amp/s/www.nst.com.my/amp/business/2020/04/581787/bcm-alliance-supplies-24-beds-moh

Posted by mach10 > 2020-07-30 22:56 | Report Abuse

the shark also PN17 .

Posted by EugeneL > 2020-07-30 23:06 | Report Abuse

Based on mcd chart, there is no shark in this counter ady, will no longer sustain rm 0.6+ pricr

Posted by EugeneL > 2020-07-30 23:07 | Report Abuse

Will further drop to 0.5-0.4

Posted by Good123 > 2020-07-30 23:08 | Report Abuse

AirAsia X says it has triggered the prescribed criteria of PN17 as it reports a fourth straight quarterly loss.

Posted by Good123 > 2020-07-30 23:08 | Report Abuse

get ready cash for right issue if private placement tak jadi. another possibility is the sale of tune protect.

Posted by Good123 > 2020-07-30 23:26 | Report Abuse

big loss suffered by mas shareholders during privatisation by khazanah

Posted by NohopeAirasia > 2020-07-31 04:25 | Report Abuse

AAX NTA -.21 meaning liabilities more than assets how long can last?

Posted by Good123 > 2020-07-31 09:28 | Report Abuse



The shares fell as much as 5.1% to S$3.35, the lowest intraday price since September 1998, before paring to close S$3.42, down 11 Singapore cents from a day earlier. The stock, which has declined by almost half this year, was among the worst performers Thursday on a Bloomberg gauge of carriers in the Asia-Pacific region.

SINGAPORE: Singapore Airlines Ltd’s shares fell to their lowest price in more than 21 years after the carrier posted its biggest quarterly loss ever as the coronavirus wiped out travel demand.

The shares fell as much as 5.1% to S$3.35, the lowest intraday price since September 1998, before paring to close S$3.42, down 11 Singapore cents from a day earlier.

The stock, which has declined by almost half this year, was among the worst performers Thursday on a Bloomberg gauge of carriers in the Asia-Pacific region.

Air traffic the world over has plunged because the pandemic led to tight border controls and a reluctance to travel.

The International Air Transport Association said Tuesday the airline industry is unlikely to recover fully before 2024.

The situation is particularly difficult for carriers like Singapore Airlines that have no domestic market to cushion the blow.

The net loss in the three months through June was S$1.12bil (US$815mil), compared with net income of S$111mil a year earlier.

Sales dropped 79% to S$851mil, and traffic measured by revenue passenger per kilometre sank 99.5%.

CGS-CIMB analyst Raymond Yap cut his recommendation on Singapore Airlines to a “hold” from “add” following the results.

He has a S$3.55 price target on the stock.

Singapore Airlines said on Wednesday its passenger capacity still may be less than half of pre-coronavirus levels by the end of its fiscal year next March.

The airline also said it is reviewing its network to determine the size and mix of its fleet over the longer term.

The review, which should be completed by the end of this quarter, could lead to a material impairment of about S$1bil on the carrying values of older generation aircraft, particularly Airbus SE A380s, Singapore Airlines said.

The carrier’s fuel hedging policy led to a S$535mil loss in the quarter, while there was also a S$127mil hit from the liquidation of NokScoot Airlines Co.

Singapore Airlines owned a 49% stake in the low-cost Thai carrier that collapsed in June.

Singapore Airlines was operating only to 24 cities by the end of June.

Its SilkAir unit ceased most operations except for flights to Chongqing, China, and it suspended flights to the Thai resort island of Koh Samui.

Low-cost unit Scoot operated a minimal network to cities such as Hong Kong and Perth, Australia.

Passenger capacity at the end of the second quarter is forecast to be about 7% of the level before Covid-19.

Out of a fleet of 213 passenger aircraft, only 32 are being deployed, the airline said. — Bloomberg

Posted by Good123 > 2020-07-31 09:35 | Report Abuse

have to sell profitable tune protect to help airasia and aax :)

The company said in a statement that the higher earnings were mainly contributed by its Malaysian general insurance subsidiary, which benefited from a decrease in net claims, management expenses, as well as an increase in unrealised investment gain.

PETALING JAYA: Tune Protect Group Bhd’s net profit rose 17.64% to RM12.6mil for the second quarter ended June 30 from RM10.7mil in the corresponding period last year.

The company said in a statement that the higher earnings were mainly contributed by its Malaysian general insurance subsidiary, which benefited from a decrease in net claims, management expenses, as well as an increase in unrealised investment gain.

During the quarter in review, Tune Protect’s revenue fell 18.9% to RM100.9mil from RM124.5mil in the previous corresponding period, while its earnings per share rose to 1.68 sen from 1.42 sen previously.

Posted by limkokthye > 2020-07-31 09:53 | Report Abuse

airasia tp 0.01

Posted by Good123 > 2020-07-31 10:18 | Report Abuse

The fundraising chase has become many founders’ singular focus — and the constant barrage of sexy headlines of yet another ‘successful multi-zillion round’ is only adding fuel to the fire. 

But I think those screaming founders are wrong. Finding funding isn’t the hardest thing. Finding customers is.

Posted by Good123 > 2020-07-31 10:18 | Report Abuse

aminvest target price 41sen otw?

Posted by thesteward > 2020-07-31 10:35 | Report Abuse

Yes it could go below 41 sen .

Posted by abang_misai > 2020-07-31 10:45 | Report Abuse

WB already warned the danger of keeping airlines. AA all but mampos

Posted by Good123 > 2020-07-31 11:32 | Report Abuse



PARIS: Europe’s Airbus announced a new cut in production of its marquee A350 jet as it swung to a larger-than-expected second-quarter loss in the face of global pandemic.

The planemaker also said it hoped to avoid consuming cash in the second half of the year after a second-quarter outflow of 4.4 billion euros as deliveries tumbled because of the collapse in air travel caused by the coronavirus.

“We believe it is going to be a long and slow recovery, ” chief executive Guillaume Faury told reporters, adding that travel was picking up but more slowly than previously expected.

The crisis has particularly affected demand for wide-body long-haul jets, which are expected to be the slowest to recover once demand returns to normal levels, which Airbus says could take until 2023 or 2025.

Airbus said it had cut wide-body A350 production to five jets a month, after bringing it down from 9.5 to six in April.

The move came a day after US rival Boeing announced further cuts in output of 787 and 777 jets, which compete with the A350 on depressed long-haul networks.

Airbus is shedding up to 15,000 jobs or 11% of its workforce to cope with the crisis, which it expects to hold output down by 40% for some two years compared with pre-crisis levels. “We are reducing the costs across the board given the new situation, ” Faury said.

Airbus posted an adjusted second-quarter operating loss of 1.226 billion euros (US$1.44bil) as revenues slid 55% to 8.317 billion. Analysts saw a loss of 1.027 billion on revenues of 8.552 billion, according to a company-compiled consensus.

Losses include 900 million euros of balance sheet impairment charges related to the industry’s worst crisis and Airbus warned it could have to take further provisions of between 1.2 billion and 1.6 billion euros linked to the restructuring.

Like many companies wrestling with the economic impact of lockdowns, Airbus suspended formal forecasts earlier this year.

But in what one analyst described as “soft guidance, ” Faury said it was the company’s “ambition” not to consume cash in the second half before M

Posted by Panorama1 > 2020-07-31 11:47 | Report Abuse

Everyone Can Cry !

Posted by EatCoconutCanWin > 2020-07-31 12:22 | Report Abuse

Tony going to jump building soon

Posted by memorylane > 2020-07-31 12:39 | Report Abuse

Tony already cashed out from Airasia long ago.... imagine 90cent dividend.... now Airasia is left only 60cent, less than one round of dividend... his airasia share is consider free share for him now... he won't bother about the price one... no one asked before, he got 90 cent dividend last round, which is worth more than the price, how come he didn't even inject cash into airasia at all...? and trying so hard to borrow from bank....ALSO holding all the cash refund for Airasia customer for 4-5 months and damage the reputation worldwide...imagine as customer, you file case refund for family trip ticket RM20K when MCO 28 march, until now 4 months later case still "in progress"...

Posted by pineapple123 > 2020-07-31 12:55 | Report Abuse

memorylane Tony already cashed out from Airasia long ago.... imagine 90cent dividend.... now Airasia is left only 60cent, less than one round of dividend... his airasia share is consider free share for him now... he won't bother about the price one... no one asked before, he got 90 cent dividend last round, which is worth more than the price, how come he didn't even inject cash into airasia at all...? and trying so hard to borrow from bank....ALSO holding all the cash refund for Airasia customer for 4-5 months and damage the reputation worldwide...imagine as customer, you file case refund for family trip ticket RM20K when MCO 28 march, until now 4 months later case still "in progress"...
31/07/2020 12:39 PM

good one memorylane

Posted by Good123 > 2020-07-31 13:02 | Report Abuse

PUBLISHED

JUL 30, 2020, 6:05 PM SGT

FACEBOOKWHATSAPPTWITTER

Calvin Yang

 

SINGAPORE - Singapore Airlines (SIA) will be taking more drastic measures to rein in costs, including bigger pay cuts for the management, a 10 per cent salary reduction for other staff, and early retirement for ground staff and pilots.

The full quantum of the monthly variable component of salaries will be cut from Saturday (Aug 1), in accordance with the group's collective agreements with its unions after the first-quarter operating loss for SIA and its regional full-service arm SilkAir.

This amounts to 10 per cent of the basic salary for all staff below the level of manager, said SIA chief Goh Choon Phong in a notice to staff this week.

Posted by Good123 > 2020-07-31 13:04 | Report Abuse

no refund, I just change the ticket to another date

Posted by Good123 > 2020-07-31 13:06 | Report Abuse

hope , more countries open up especially ASEAN countries, then china, Japan , NZ , Australia , Taiwan n Korea

Posted by Good123 > 2020-07-31 13:07 | Report Abuse

now, everyday, cash burn for airlines

Posted by pineapple123 > 2020-07-31 13:08 | Report Abuse

any chance opening up? where is daily8? sudah hilang? blocked?

Posted by pineapple123 > 2020-07-31 13:22 | Report Abuse

better dun touch airlines.

Posted by WitNess > 2020-07-31 13:38 | Report Abuse

better turn into k+ to cover ur loss. It's end for AA, need 5 years to climb

Posted by Zuliana > 2020-07-31 13:51 | Report Abuse

Posted by memorylane > Jul 31, 2020 12:39 PM | Report Abuse

Tony already cashed out from Airasia long ago.... imagine 90cent dividend.... now Airasia is left only 60cent, less than one round of dividend... his airasia share is consider free share for him now... he won't bother about the price one... no one asked before, he got 90 cent dividend last round, which is worth more than the price, how come he didn't even inject cash into airasia at all...? and trying so hard to borrow from bank....ALSO holding all the cash refund for Airasia customer for 4-5 months and damage the reputation worldwide...imagine as customer, you file case refund for family trip ticket RM20K when MCO 28 march, until now 4 months later case still "in progress"...






I think Stony hasn’t cash out, his 90c dividends last round is to pay for his bank loan to increase his percentage of AA shares la.

Posted by DChosen2 > 2020-07-31 14:20 | Report Abuse

Selling Tune Protect to save AA and AAX = Selling your profitable and rising stocks and keep those losing stocks. Should keep the former and cut losses of the latter.

Posted by Loh Kok Wai W > 2020-07-31 14:35 | Report Abuse

airasia masuk ICU...