Posted by Sweetchocalates > 2020-11-26 13:36 | Report Abuse

Future gojek of malaysia in the making. AirAsia super app will dominate grab and food panda. Looking forward to post covid scenario. tp wont be RM 3. It will be RM 6 or 9

Posted by newbie1111 > 2020-11-26 13:48 | Report Abuse

Sweetchocalates that is some delusional thinking, Gojek, Grab and Food Panda are backed by billions in venture capital, they can easily do another funding round to get more money. AA need to borrow money just to survive, increasing the debt burden of the company.

Posted by Vibes888 > 2020-11-26 14:05 | Report Abuse

@newbie1111 Hahaha, sifu knows the weight also but anyway just for info caam has already given approval for some time mow for both AA and AAX to carry cargo on Pax seat.

Posted by sampooler > 2020-11-26 14:08 | Report Abuse

亚航Teleport整装待发 为东南亚运送冠病疫苗

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E4%BA%9A%E8%88%AAteleport%E6%95%B4%E8%A3%85%E5%BE%85%E5%8F%91-%E4%B8%BA%E4%B8%9C%E5%8D%97%E4%BA%9A%E8%BF%90%E9%80%81%E5%86%A0%E7%97%85%E7%96%AB%E8%8B%97

Posted by Sweetchocalates > 2020-11-26 14:32 | Report Abuse

newbie1111 Airlines, by nature, are built on huge debt. When the economy goes back to normal, aa can easily increase its return on capital because cost of debt in the long term is lower than cost of equity - if AA manages to survive until post covid . Food panda, gojek, and grab have to give a proportion of their equity just to get funding, thereby diluting shareholder returns. AirAsia is the only airline company that is offering a super app. I dont see gojek, food panda or grab offering airline services. Even if they do, they have to form a partnership with some airlines, which would lead to some conflict of interest during the negotiation process. I think AirAsia already has the infrastructure to make a super app ...together with its fleet of planes( logistics and travel), hotels(tune hotel) or partnership with other hotels, food delivery, and micro loan services, AA can dominate the super app market in Malaysia or perhaps the SEA region.

Posted by samo50sg > 2020-11-26 14:39 | Report Abuse

The key is why Airasia park online lending license directly in under the group?
Do people actually know the impact? Just look at what alipay did to china.
And the amount of ex presidents scrambling for a market share in this.

Posted by newbie1111 > 2020-11-26 15:14 | Report Abuse

Sweetchocalates AA have the infrastructure to make superapp? don't make me laugh, everytime they have sale the booking system would crash. AA are running very old fashion IT system compare with startup that use the latest technology.

what is the point of superapp having a airline? they can just add a travel app like kayak or kiwi to search for deal across all the airlines in the world.

Posted by mf > 2020-11-26 15:24 |

Post removed.Why?

Posted by Flytothesky2 > 2020-11-26 15:25 | Report Abuse

All still waiting this submarine”AIrasia” fly? Genting flying

Posted by samo50sg > 2020-11-26 15:41 | Report Abuse

https://klfoodie.com/airasias-logistics-service-teleport-all-set-to-distribute-covid-19-vaccines-in-the-region/

Posted by B4b4 > 2020-11-26 15:47 | Report Abuse

BREAKING NEWS..... Budget 2021...APPROVED

Posted by B4b4 > 2020-11-26 15:48 | Report Abuse

Airasia..... Go gogo....... Flyflyfly

Posted by strattegist > 2020-11-26 15:56 | Report Abuse

green

Posted by Qbb99 > 2020-11-26 15:58 | Report Abuse

Wah....Budget ok........meaning got money for vaccines for ALL Malaysians..........

Posted by samo50sg > 2020-11-26 15:59 | Report Abuse

The reason why AA isn't soaring is because big funds can't enter. Not because they don't want to. Ask someone with financial regulatory rule knowledge.

Posted by Sweetchocalates > 2020-11-26 16:36 | Report Abuse

Newbie1111 A superapp having kiwi, kayak or others alike to get airline deals is hard to execute. Currently, what they can get at most out of this path is hotel deals like gojek and tiket.com to book hotels. As of now, i have yet to see any superapp that has airline deals alongside food deliveries, microloans, ans hotels. Even if it's successful, it's not permanent. AirAsia got kicked out of traveloka platform not long ago.

Posted by Sweetchocalates > 2020-11-26 16:37 | Report Abuse

As i have already said, airasia already has the infrastructure.

Posted by Sweetchocalates > 2020-11-26 16:41 | Report Abuse

And also ...do you see traveloka, kiwi or kayak do food deliveries or micro lending? No.

Posted by samo50sg > 2020-11-26 16:50 | Report Abuse

The most important aspect for the app is the health. Look at the partner involved to get digital certification to travel which will be crucial next year. Pcr test. Covid 19 travel insurance. And evevtually proof of vaccination.
Do you see any other airline providing you a one stop shop ready for the new travel rules next year?

Posted by newinvestor17 > 2020-11-26 17:02 | Report Abuse

top kek, just because no other airline is providing that hence you have to kiss TF's ass ka samo50sg ?

Posted by Cakes Moon > 2020-11-26 17:03 | Report Abuse

Ignore all the news, trust the trend, global airline is on the rise & it is fast.
Do you think that you know better than those insiders?
https://www.investing.com/indices/arca-global-airline

Posted by samo50sg > 2020-11-26 17:34 | Report Abuse

Sold AA at 2.8 in 2019. Made a profit. Then thrash talk others now?
Your history shows you go around alot of threads doing the same thing. Young pple these days. Sigh.

Posted by RealTrader > 2020-11-26 17:38 | Report Abuse

Worst is over for Travel/ airlines stock. If you are optimistic about airlines stock, Airasia is one of the cheapest stock in the world. Add now for better rewards.

Posted by strattegist > 2020-11-26 18:06 | Report Abuse

closed green

Posted by godhand > 2020-11-26 18:28 | Report Abuse

samo50sg Sold AA at 2.8 in 2019. Made a profit. Then thrash talk others now?
Your history shows you go around alot of threads doing the same thing. Young pple these days. Sigh.

sold it at 2.8 and flaunt about it means nothing. average down airasia during the crisis and holding on to a good business means a lot more. not many ppl can do this feat

Posted by sampooler > 2020-11-26 18:28 | Report Abuse

this is good news for aa ... no direct train from kl - sg. if u want direct, got to used aa.

https://www.sinchew.com.my/content/content_2383484.html

Posted by Good123 > 2020-11-26 18:31 | Report Abuse

vaksin Mahal Dan logistik adalah kompleks

Posted by Good123 > 2020-11-26 18:32 | Report Abuse

2-3years, terpaksa wait. meeting pakai zoom , dll. kurang face2face

Posted by Good123 > 2020-11-26 18:33 | Report Abuse

Korea pun Kata sanggup tunggu harga vaksin Murah

Posted by Flytothesky2 > 2020-11-26 18:49 | Report Abuse

Malaysia no sell vaccine, y all think aa will deliver vaccine? Vaccine produce country no air plane? Y no use their own plane want give u aa deliver? Share no people goreng no up. Don’t persuade victim to push the price up.

Posted by Flytothesky2 > 2020-11-26 18:54 | Report Abuse

Okok. We let aa to deliver the vaccine la. U all think plane from Msia to other country then back to Msia cheaper ( 2 ways) or direct from their country come Msia cheaper (1 way)

Posted by Flytothesky2 > 2020-11-26 18:57 | Report Abuse

Digital certificate for those whose after test covid? Now all other airline discuss about vaccine passport Lo. Boss. Update yourself.

Posted by Flytothesky2 > 2020-11-26 18:59 | Report Abuse

But don’t worry. Aa can hold. Need time only.

Posted by tablesalt > 2020-11-26 19:12 | Report Abuse

Steady AA!

https://newsroom.airasia.com/news/airasias-teleport-ready-to-deliver-covid-19-vaccines

Posted by Flytothesky2 > 2020-11-26 19:12 | Report Abuse

Aa here still ok. Still got many people chit chat. Aax today don’t know what happen. No voice. Made me so scared

Posted by tablesalt > 2020-11-26 19:21 | Report Abuse

Haha, damn I feel that. I faced that when I bought ASB. When there is no goreng news on Anwar, the whole group was dead silent.

Posted by Loading > 2020-11-26 19:21 | Report Abuse

Tonic Friedrice sila bayar sebelum tapau ... then continue fly kite ..
Gov is right not to give tongkat bcos they sendiri also pokai already ..

Posted by Flytothesky2 > 2020-11-26 19:36 | Report Abuse

Tomorrow must say something positive. If not later no people chit chat.

Posted by Flytothesky2 > 2020-11-26 19:37 | Report Abuse

Are you all get ready? Tomorrow our submarine fly.

Posted by AllYouCanBuy > 2020-11-26 20:03 | Report Abuse

All I know is, if AA x fly, all of us can fly kites LOL.

Keep the faith!! Next year everyone can fly!

Posted by tkl88 > 2020-11-26 20:29 | Report Abuse

Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08
https://www.theedgemarkets.com/article/budget-2021-approved-dewan-rakyat

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.

Posted by KAQ4468 > 2020-11-26 20:41 | Report Abuse

Cantekkkkkk closing

Posted by KAQ4468 > 2020-11-26 20:41 | Report Abuse

Next 3-4 months... Everyone can fly

Posted by KAQ4468 > 2020-11-26 20:41 | Report Abuse

I like!!

Posted by DickyMe > 2020-11-26 21:27 | Report Abuse

Macam mana nak terbang, asyik MCO jer. Nak darurat pulak.

Ingat gomen ada pokok berbuah duit ker?

Posted by KAQ4468 > 2020-11-26 22:18 | Report Abuse

Don't worry la.. Tony tengah bikin special seat.. VVIP punya..
Fly dalam keranda... Confirm tarak kena covid punya..

Kikikikiki

Posted by Victor Yong > 2020-11-26 23:48 | Report Abuse

right issue or private placement is near , cash burn rate was terrible :)

AIRASIA GROUP BERHAD
201701030323 (1244493-V)
THIRD QUARTER REPORT ENDED 30 SEPTEMBER 2020
7
UNAUDITED CONDENSED CONSOLIDATED CASH FLOW STATEMENTS
The condensed consolidated cash flow statements should be read in conjunction with the audited financial
statements for the financial year ended 31 December 2019 and the accompanying explanatory notes
attached to the interim financial statements.
30/09/2020 30/09/2019
RM'000 RM'000
CASH FLOWS FROM INVESTING ACTIVITIES
Property, plant and equipment
- Additions (141,064) (85,329)
- Proceeds from disposal 237,372 3,901,753
Addition in intangible assets (7,944) (12,459)
Refund of deposits for aircraft - 407,784
Additional subscription in other investments (1,758) -
Additional investments in investment securities - (30,826)
Additional subscription of shares in associates - (147,001)
Investment in joint venture (2,025) -
Net cash generated from investing activities 84,581 4,033,922
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from borrowings 148,957 520,724
Dividends paid - (3,408,813)
Interest on lease liabilities (372,918) (367,589)
Repayment of borrowings and lease liabilities (689,338) (4,168,604)
Net cash used in financing activities (913,299) (7,424,282)
NET DECREASE FOR THE FINANCIAL PERIOD (1,998,042) (975,305)
CASH AND CASH EQUIVALENTS AT BEGINNING
OF THE FINANCIAL YEAR 2,588,097 3,326,921
CURRENCY TRANSLATION DIFFERENCES 28,369 (173,240)
CASH AND CASH EQUIVALENTS AT END OF
FINANCIAL PERIOD 618,423 2,178,376

Posted by B4b4 > 2020-11-27 08:46 | Report Abuse

Vaccines are coming from 5 directions. Soon everyone can fly again

Posted by Qbb99 > 2020-11-27 09:31 | Report Abuse

Slowly but surely , 80s

Posted by strattegist > 2020-11-27 10:09 | Report Abuse

steady