Posted by freddiehero > 2021-03-31 11:15 | Report Abuse

but Mario still there too.. let's fight.. gogogo

Posted by Consultant > 2021-03-31 11:21 | Report Abuse

Hi air asia.. how you guys doing.. told you guys it will fall below 1 soon.. hahahaha

Posted by DrJoel88 > 2021-03-31 11:27 | Report Abuse

2.44B.. how much can AA make this year? Flying still kenot for the most of this year. Loan sure can approve meh? How going to service loan? Even if loan approve, how long will it take to recover? 3-5years? Break even also can anot? Dah la tipu loyal customers with POD shit. Take the drone and shove it up TF arse la..

Posted by TimeTravelinvestor > 2021-03-31 11:27 | Report Abuse

No worries haha

Posted by DrJoel88 > 2021-03-31 11:39 | Report Abuse

Soon cant pay off anything become PN17 company, think can still remain above rm1 ka? Now lucky bursa cover ur arse.

Posted by i3lurker > 2021-03-31 11:43 | Report Abuse

no Big Deal
AA had not been paying to Trade payables already, can see figure had ballooned rapidly....

Posted by DrJoel88 > Mar 31, 2021 11:39 AM | Report Abuse

Soon cant pay off anything become PN17 company, think can still remain above rm1 ka? Now lucky bursa cover ur arse.

Posted by bbginvestor > 2021-03-31 11:44 | Report Abuse

Big daddy Tony flying in COVID-19 vaccines and herd immunity will be a thing soon. You think Malaysia is the only country that wants travel to resume meh? Buy in low and sell high once travel resumes! ✈️✈️

Posted by meistsk3134 > 2021-03-31 11:47 | Report Abuse

tony depend on shareholder to made money. Airasia will not delisting. only the share price will drop and remain. unlike MAS delistingngot government support

Posted by i3lurker > 2021-03-31 11:47 | Report Abuse

agree

pokers sold off at 1.20 already

Posted by JTST88 > 2021-03-31 11:48 | Report Abuse

just hold if u are not in hurry for cash flow...when border open eveyone can travel conlanfirm sure boost gao gao

Posted by JTST88 > 2021-03-31 11:50 | Report Abuse

i3lurker dun spread fake news la...if poker sold edi sure got announcement

Posted by TimeTravelinvestor > 2021-03-31 11:51 | Report Abuse

PN1000 also no worries..why those outside aa panicking unlike ppls inside ..popcorn..haha

Posted by strattegist > 2021-03-31 11:52 |

Post removed.Why?

Posted by strattegist > 2021-03-31 11:52 | Report Abuse

steady

Posted by maggiemee > 2021-03-31 12:02 | Report Abuse

company financial status cant support share price lar loss RM2.44B how the hell tony manage their company financial despite fire so many staffs and reduce company expenses. must he this ah nee keeps on kao girl enjoy life but didnt manage properly company

Posted by i3lurker > 2021-03-31 12:09 | Report Abuse

maggiemee
look at the dates of firings
and still not enough action taken

company is still very very extremely bloated

Posted by BATFLY > 2021-03-31 12:17 | Report Abuse

Are you kidding, CGS-CIMB Research? AirAsia’s target price a mere 5 sen?
By Cheah Chor Sooi
1 day ago
in Markets

READING the latest research note on AirAsia Group Bhd by CGS-CIMB Research is tantamount to watching an episode of Ripley’s Believe It or Not?

One has to decipher the justification put forth by analyst Raymond Yap to fully comprehend how the 5 sen target price come about.

This is considering the 5 sen price tag is a far-fetched 95.5% discount over the budget carrier’s current price tag of RM1.11 (as of 10.49am).

Suffice to say that in his results review of the budget carrier, Yap sees ‘a sea of hopelessness’ confronting AirAsia with its 4Q FY2020 core net loss having ballooned to RM1.1 bil from a loss of RM43 mil the year before.

This is attributable to continued international border closures and the imposition of conditional movement control order (CMCO) in Malaysia from mid-October to Dec 6 last year that prohibited interstate travel.

“Interstate travel was prohibited again from Dec 7 and remains in force at the time of writing, hence the 1Q FY2021F core net loss may be as bad or worse than 4Q FY2020,” opined Yap.

Nevertheless, AirAsia’s 4Q FY2020 core net loss narrowed slightly from 3Q FY2020’s RM1.4 bil in part due to forex translation gains on its US$ liabilities as the greenback weakened against the ringgit, coupled with mark-to-market (MTM) gains on its interest rate derivatives as long-term interest rates recovered.

“On the other hand, the 1Q FY2021F may see forex translation losses due to the stronger US$ vs. ringgit,” cautioned Yap.

“AirAsia booked RM1.3 bil in exceptional impairment losses during 4Q FY2020, causing a net loss of RM2.4 bil in 4Q FY2020 (vs RM384 mil net loss in 4Q FY2019) and a net loss of RM5.1 bil in FY2020 (vs RM322 mil net loss in FY2019).”

In terms of sustaining its future operating costs, CGS-CIMB Research noted that the airline will need all the cash it can get its hands on given the quarterly run-rate of aircraft lease principal repayments is RM620 mil/quarter (as seen in 1Q FY2020).

“But the group only repaid RM40 mil/quarter during 2Q, 3Q and 4Q FY2020 (at just 6.5% of the quarterly run rate), resulting in deferred aircraft leases of at least RM1.5 bil,” revealed the research house.

Nevertheless, the available rescue packages include RM336 mil proceeds from the private placement of 470 million shares in February and March 2021, and up to RM1 bil in potential new loans from three local banks (of which 80% to be guaranteed by Danajamin) which could be drawn down by May.

As an icing on the cake, AirAsia is also planning a RM800 mil to RM1 bil rights issue sometime this year.

To conclude, here is the basis as to how Yap derived at his 5 sen target price:

“As of end-December 2020, AirAsia had a net liability position of RM1.2 bil (book value per share [BVPS] of -37 sen).

To arrive at our end-FY2021F BVPS forecast of 5 sen, we deducted forecast operating losses, included the private placement, assumed RM1 bil rights issue (1.67 billion shares at 60 sen each), and assumed RM2 bil value accretion from AirAsia’s digital businesses using price-to-sales (P/S) of five timers on the historical FY2020 sales (in-line with Expedia’s P/S multiple).”

At 10.49am, AirAsia was down 2 sen or 1.77% at RM1.11 with 32.16 million shares traded, thus valuing the company at RM4.23 bil. – March 30, 2021

Posted by 09aab01089 > 2021-03-31 12:18 | Report Abuse

i want to buy at this price, but no bullet

Posted by Invest_888 > 2021-03-31 12:19 | Report Abuse

Very dangerous!!!
Last quarterly financial result, lost RM2.444 Billion, NAV is Negative 37cent(-37cent).

Posted by Kenny_Lee_Yop > 2021-03-31 12:20 | Report Abuse

long time a go my friend bought sumatec .. now it delisted..

Posted by JTST88 > 2021-03-31 12:24 | Report Abuse

just believe in urself...see those who que to absorb the share in such price den u know who are the one keep spreading negative comments here...

Posted by Invest_888 > 2021-03-31 12:25 | Report Abuse

I bought Sumatec last time. Lesson learnt, never gamble with bad financial company. Most probably need you to pay for right share soon.

Posted by BATFLY > 2021-03-31 12:28 | Report Abuse

Agreed.. Never gamble in share market.. Invest long term share.. Slow and steady win the race.. Cheers!!

Posted by Latok K > 2021-03-31 12:30 | Report Abuse

buy buy rm1.00 support... break cut lor

Posted by DrJoel88 > 2021-03-31 12:31 | Report Abuse

Did u guys see the fake support at rm1?

Posted by skcm2017 > 2021-03-31 12:33 | Report Abuse

new investor is coming.

Posted by DrJoel88 > 2021-03-31 12:38 | Report Abuse

New Investor? Maybe new Owner ler. Change name to NewHope

Posted by gelong > 2021-03-31 12:39 | Report Abuse

Tertonggeng analysis....lawak betoi...... akikikikikikiki

Posted by apple168 > 2021-03-31 12:39 | Report Abuse

Airasia is merely budget airline with huge huge huge debt! You can’t compare budget airline with premium airline! Both are not the same!

Posted by apple168 > 2021-03-31 12:40 |

Post removed.Why?

Posted by skcm2017 > 2021-03-31 12:49 | Report Abuse

buy on rumours, sell on the news! I have made my millions with Glove in a matter of days..every bashing out (air-liur pun habis kemana) while i am gooodddddd....invested millions of units with at 99.5..chiaw..

Posted by PN17 > 2021-03-31 12:55 | Report Abuse

warren buffett is coming

Posted by PN17 > 2021-03-31 12:55 | Report Abuse

Jack ma is coming

Posted by PN17 > 2021-03-31 12:57 | Report Abuse

Tesla boss Elon Musk is coming

Posted by gelong > 2021-03-31 12:58 | Report Abuse

Poker player is coming....poked n duped

Posted by PN17 > 2021-03-31 13:00 | Report Abuse

George Soros is coming

Posted by Yumiwong90 > 2021-03-31 13:02 | Report Abuse

look like MAS airline competitor ppl very hardworking .. hahahaha

Posted by 09aab01089 > 2021-03-31 13:05 | Report Abuse

If only aa stock red i will scare, but i believe because of bill hwang thing cause all red

Posted by apple168 > 2021-03-31 13:06 | Report Abuse

MAS= M. Hospitality, premium airline, loving it!

Posted by Maxsuper > 2021-03-31 13:25 | Report Abuse

...... someone here few days ago before QR out said market already predicted losses n already price in.... , SinKaLan......

Posted by newbie1111 > 2021-03-31 13:27 | Report Abuse

Many said already price in but never said how much price in. Is it 4 bil or 5 bil

Posted by Yumiwong90 > 2021-03-31 13:29 | Report Abuse

hahaha... then why you guys here ... if you guys dont create this huru hala , then it is difference, but anyway you guys think we are panic ??? we not confidence ?? then you guys wrong .. we did never expect many loser like maxsuper here will run this way.. but any how , tq , as we can grab more at cheaper price ..still this counter is waiting state border open news push only .. tq

Posted by bbginvestor > 2021-03-31 13:30 | Report Abuse

Please do your research everyone. Plenty of airlines have losses in the billions, even more than AA, and they are still alive. You think only the airlines in Malaysia are affected meh? Wake up your idea lah!

Big daddy Tony won’t give up and he’s very transparent with the numbers.
https://www.linkedin.com/posts/tonyfernandesairasia_my-job-as-a-ceo-is-to-manage-through-this-activity-6782886483033489408-u7dv

Posted by ValueInvestor888 > 2021-03-31 13:30 | Report Abuse

I am very upset why the Donkey gambler investor can buy AA at about 60 sen thru private placement while Msian clever investors chase high till RM 1.20. What gambler investor can bring value to Air Asia?

Posted by Yumiwong90 > 2021-03-31 13:31 | Report Abuse

wait all 0.65 to 0.8 buy previously panic seller all run , then left all at 0.8-1.1 buyer , have show to watch later

Posted by Yumiwong90 > 2021-03-31 13:42 | Report Abuse

i3lurker hahahaha funny and unrealistic guy ..

Posted by ValueInvestor888 > 2021-03-31 13:46 | Report Abuse

One other way to look at it: at 60 sen private placement only can get a donkey gambler as investor, but not other with more reputable investor like famous fund, this mean AA is not even worth 60sen.

Posted by Yumiwong90 > 2021-03-31 13:52 | Report Abuse

ValueInvestor888 your as s hole worth 1 million, we knew ..

Posted by Yumiwong90 > 2021-03-31 13:55 | Report Abuse

i forgotten still have mas airline ppl here ..

Posted by AllYouCanBuy > 2021-03-31 14:06 | Report Abuse

Then wth you waste time here @i3lurker?