Posted by pinetree88 > 2021-11-08 17:50 | Report Abuse

SG and Malaysia VTL announced today! VTL to start from 29/11! Tmr should be a good day for Brahims and Airasia

Posted by OldSix > 2021-11-08 17:52 | Report Abuse

https://www.businesstimes.com.sg/transport/singapore-malaysia-vtl-starts-on-nov-29-cross-border-land-travel-being-studied

Like I said, don't end up in the panic buy

Posted by hanna20 > 2021-11-08 21:17 | Report Abuse

Yeah. Good strategy

Posted by Mabel > Nov 5, 2021 6:36 PM | Report Abuse

Indeed starttegist!

Posted by hanna20 > 2021-11-08 21:17 | Report Abuse

And today the price hiking up

Posted by strattegist > 2021-11-08 22:50 | Report Abuse

closed green

Posted by OldSix > 2021-11-09 08:53 | Report Abuse

https://www.msn.com/en-sg/news/news-environment/singapore-malaysia-border-reopening-vaccinated-travel-lane-for-quarantine-free-entry-agreed/ar-AAQrOFc?li=BBr8Cnr

Posted by OldSix > 2021-11-09 08:53 | Report Abuse

https://www.msn.com/en-sg/news/singapore/singapore-kuala-lumpur-air-travel-to-resume-in-3-weeks/ar-AAQrDPG?li=AAavKXU

Posted by strattegist > 2021-11-09 10:39 | Report Abuse

steady

Posted by HLX4U > 2021-11-09 14:17 | Report Abuse

@Ssslee
You can use your article for ALL airlines around the world...not only AirAsia!
And what do you think? All airlines will go bancrupt? No!

Posted by DickyMee > 2021-11-09 14:44 | Report Abuse

Don't need to look so far. Just look at AAX

Posted by Sslee > 2021-11-09 15:06 | Report Abuse

Many national airlines will survived because big daddy (tax payers money) was used to recapitalize.

Just tell me how much is needed to recapitalize AA so that AA can get out of PN17 status?

Posted by Sslee > 2021-11-09 15:12 | Report Abuse

As at 30/6/2021
AA total equity RM negative 5,022,842,000

Posted by DickyMee > 2021-11-09 15:17 | Report Abuse

Got many sui yee ikan bilis shareholders.

------------------------------

Sslee

Just tell me how much is needed to recapitalize AA so that AA can get out of PN17 status?
09/11/2021 3:06 PM

Posted by Sslee > 2021-11-09 15:40 | Report Abuse

KUALA LUMPUR (Oct 18): In a crucial step to determine its future, AirAsia X Bhd (AAX), the low-cost long-haul affiliate of AirAsia Group Bhd, will hold a meeting with scheme creditors on Nov 12 to vote on its proposed plan to restructure RM63.5 billion of debt

Most likely outcome creditors vote against and court order winding up of AAX

Posted by cheeseburger > 2021-11-09 15:42 | Report Abuse

@pinetree88 , VTL flights only limited to Singapore Airline and Malaysia Airline, there is no AA in consideration so far. Dont be happy too early...

Posted by perx135305 > 2021-11-09 15:51 | Report Abuse

Woohoo, many more lost souls saved today!

Posted by hanna20 > 2021-11-09 17:06 | Report Abuse

But it may happen to AA also soon

Posted by cheeseburger > Nov 9, 2021 3:42 PM | Report Abuse

@pinetree88 , VTL flights only limited to Singapore Airline and Malaysia Airline, there is no AA in consideration so far. Dont be happy too early...

Posted by Alice7591 > 2021-11-09 18:29 | Report Abuse

Friday sure drop gao gao

Posted by Alice7591 > 2021-11-09 18:40 | Report Abuse

But AAX not possible go winding up

Posted by Sslee > 2021-11-09 18:52 | Report Abuse

Nov 12 to vote on its proposed plan to restructure RM63.5 billion of debt.
Only two outcome:
Vote for then AA need to subscribe for new RI.
Vote against that mean AAX winding up.

Posted by HLX4U > 2021-11-09 19:35 | Report Abuse

Why you are writing here always about AAX? Thats another different stock and has nothing to do with AirAsia Group BHD!

Posted by HLX4U > 2021-11-09 19:35 | Report Abuse

If you have a personal problem with Tony then its your problem!

Posted by DickyMee > 2021-11-09 20:12 | Report Abuse

Hello??? You don't know that AA is a Major Shareholder of AAX? Just one of many things that AA has to do with AAX.

--------------------

HLX4U Why you are writing here always about AAX? Thats another different stock and has nothing to do with AirAsia Group BHD!
09/11/2021 7:35 PM

Posted by Sslee > 2021-11-09 20:18 | Report Abuse

Since you ask me the question airlines will go bankrupt? so I give you the example if creditors vote against then AAX go bankrupt.
And by the way AA Japan already bankrupt.

Posted by HLX4U > Nov 9, 2021 2:17 PM | Report Abuse

@Ssslee
You can use your article for ALL airlines around the world...not only AirAsia!
And what do you think? All airlines will go bancrupt? No!

Posted by In_Sight > 2021-11-10 11:14 | Report Abuse

Only fools will be fooled by media without digging deeper. Magic will happen two days later.

Posted by strattegist > 2021-11-10 11:19 | Report Abuse

stable

Posted by DickyMee > 2021-11-10 11:36 | Report Abuse

The magic is that RM200mil+ market cap disappeared.

Posted by Alice7591 > 2021-11-10 11:56 | Report Abuse

If AA break below 1.10, I will add more

Posted by pumper > 2021-11-10 13:54 | Report Abuse

Can we say that if we look at airasia fb page they are really heading towards tourism recovery? I mean look at their aggressive daily marketing.

Posted by DickyMee > 2021-11-10 14:23 | Report Abuse

Did you miss out on all the bad comments on their fb page?

------------

pumper Can we say that if we look at airasia fb page they are really heading towards tourism recovery? I mean look at their aggressive daily marketing.
10/11/2021 1:54 PM

Posted by CITADEL > 2021-11-10 14:24 | Report Abuse

dddd

Posted by Sslee > 2021-11-10 14:54 | Report Abuse

Are AAX advance tickets bought thro' AA superApp?
So even if AAX go bankrupt can AAX advance ticket holders seek compensation from AA superApp? Afterall TF said AA superApp is worth USD 1 billion.

MATTA seeks fairer compensation scheme from AirAsia X

By Surin Murugiah | theedgemarkets.com | 2021-11-10 10:44:18
KUALA LUMPUR (Nov 10): The Malaysian Association of Tour and Travel Agents (MATTA) has called for a fairer compensation scheme compared with the 0.5% proposed debt settlement by AirAsia X Bhd (AAX), the low-cost, long-haul affiliate of AirAsia Group Bhd.

In a statement on Wednesday (Nov 10), MATTA said that under the proposed scheme which is now under the supervision of the High Court, travel agents, charter agents, and passengers will receive RM3 million out of the RM599.8 million outstanding accrued liabilities.

It said the proposed debt restructuring requires the approval of at least 75% of the total debt value that votes in each class of creditors.

Failure to get creditors' approval for its business restructuring will likely see the carrier going into liquidation, said MATTA.

MATTA president Datuk Tan Kok Liang said passengers and travel agents should not be penalised as in the first place these deposits should have been held in trust by the airline.

"As such we urge a better compromise which includes a full debt settlement rate or converting all outstanding liabilities into future credit points," he said.

Posted by In_Sight > 2021-11-10 17:05 | Report Abuse

former managing director of adidas Asia-Pacific must be not so smart to join pn17 company.. what a shame… /s

Posted by Bgt 9963 > 2021-11-10 17:21 | Report Abuse

Salted fish comes alive !

Posted by kong73 > 2021-11-10 19:14 | Report Abuse

Former adidas know jack shit about airline business

Posted by kong73 > 2021-11-10 19:16 | Report Abuse

What can he contribute? Branding again? - air asia brand stink like shit

Posted by DickyMee > 2021-11-10 19:19 | Report Abuse

Maybe the first thing he should work on is AA bad reviews on social media. Also 'SUPERapp' but super bad reviews.

Posted by Sslee > 2021-11-10 19:37 | Report Abuse

Colin Currie
Senior Advisor at Boston Consulting Group (BCG)

Senior Advisor
Boston Consulting Group (BCG)
Apr 2021 - Present8 months

Malaysia | Hong Kong

adidas Asia Pacific Graphic
Managing Director, Asia Pacific & Greater China
adidas Asia Pacific
Apr 2017 - Apr 20214 years 1 month

Shanghai City, China

adidas Group
adidas Group
16 years 4 months

Managing Director adidas Greater China,
Jan 2010 - Apr 202111 years 4 months

Shanghai City, China

Managing Director adidas Hong Kong & Taiwan
Jan 2008 - Dec 20092 years

Hong Kong & Taiwan

Managing Director adidas Hong Kong
Jan 2005 - Dec 20073 years

Hong Kong

Sony Music Entertainment, Malaysia Graphic
Managing Director
Sony Music Entertainment, Malaysia
Jan 2003 - Dec 20053 years

Posted by Sslee > 2021-11-10 19:40 | Report Abuse

https://www.chinaretailnews.com/2020/10/29/10295-adidas-greater-china-managing-director-resigned/

OCTOBER 29, 2020

According to reports in Chinese local media, Colin Currie, managing director of Adidas Greater China, has announced his decision to resign, effective on November 1, 2020.

It is said that his successor has arrived in China, but the group has not released specific details. Public information shows that Currie joined Adidas in 2005 and began to take charge of Adidas Greater China business in 2011. He successfully led the growth of Asia Pacific into the largest, fastest growing and most profitable market for Adidas.

This is reportedly the fourth senior executive to leave the Adidas Group this year. In July, Adidas' global personnel president Karen Parkin resigned; and in August, its first global creative director Paul Gaudio and general manager of the Yeezy brand Jon Wexler also announced their departure.

Prior to this, Adidas released its financial report for the second quarter of 2020, which shows that the company's operating revenue decreased by 34% to EUR3.579 billion. By brand, Adidas' main brand saw a sales decrease of 33%, while its Reebok brand saw a sales decrease of 42%.

Posted by themeg > 2021-11-10 19:50 | Report Abuse

TF is a half baked entrepreneur with no integrity. The best he can do is to paint a rosy picture and give false hopes now. A typical con man.

He should take responsibility and pay the refunds to all his customers.

Posted by risekita8 > 2021-11-10 19:51 | Report Abuse

Still closing red today

Not good

Posted by wolfbroker > 2021-11-10 19:55 | Report Abuse

Airasia (AIRASIA) Straightforward, objective overview - Gregorythe2 writing | I3investor


Airasia (AIRASIA) Straightforward, objective overview
Author: gregorythe2 Publish date: Mon, 8 Nov 2021, 4:25 PM

Airasia is a notorious topic of conversation among Malaysian investors. Recent events have had severe consequences for the company, and many people have been personally let down. The company are frequently exposed in the media, and have a long history of generating excitement, perhaps even hype. With all that said, I have written this report as a straightforward overview of Airasia, free of distractions. I cover the industry, management, financial strength, capital allocation, valuation, and risks & threats. I aim to be objective, but it must be said that I like this company and own a small position at the time of writing.

Please be aware that I am not a professional investor- I do this because I enjoy it. This is not advice, and I cannot guarantee accuracy of information included. I make no recommendations for your investing practice.

Airasia began as a government-owned venture, accumulating RM11m worth of debt between 1993 and 2001 before being handed to the current managers. The airline grew as a low-cost carrier (LCC) to become the largest in Malaysia, won various accolades for their performance, and is one of the lowest cost-per-passenger airlines in the world. Revenue topped out in 2019, and since the third quarter of that year, Airasia have made consecutive losses.

The company have shifted toward digital technology with a “super app” that provides a one stop platform for travel related goods and services. They run a financial technology service “BigPay”, and a package delivery service “Teleport”.





Industry

Airlines add value to society by providing the fastest and easiest way to transport people and small cargo. The industry has matured over many decades, and the most important factors, safety and speed, are standardized.

Air travel has saturated its wealthier markets, and many carriers have settled on an appropriate mix of customer service and capacity. In emerging markets, airlines have room to grow. Cost has been the biggest barrier to widespread use, and LCCs like Airasia aim to drive costs down to make air travel accessible for everyone.

Between 1998 and 2019, LCC’s in the Asia Pacific grew from being a negligible component of the airline market to comprising 29%. Going forward, the global market is estimated to experience a 7.2% CAGR in the next 6 years (GLOBALNEWSWIRE), with faster growth in Asian emerging markets.

LCC’s use different combinations of techniques to lower costs while preserving a certain level of service. They aim to simplify operations, often using one kind of aircraft or offering a single class of ticket. Other techniques involve collaborating with airports to reduce costs per passenger and offering additional “ancillary” services like meals or iPads for a fee. The success of an individual company depends on how intelligently they can combine these techniques while maintaining an attractive product.

External forces are generally positive for the industry. Low-cost travel is good for the wider economy, and politicians and governments encourage growth. Airlines help to satisfy our deep human need to explore, and while COVID restricted flights, the demand for travel is ever strong. The global connection to information provided by the internet further exposes the world’s population to air travel.

A trend that may negatively impact the industry is the growth of remote work. Many airlines depend on high-margin business bookings for their profits, and this source of revenue is expected to decline significantly. LCC’s are like Airasia are less exposed to business travel than full-service airlines.

Competition among LCC’s is fierce. Airlines are common target for entrepreneurs, and entrants can lease aircraft and offer very low fares at launch to generate exposure. Upon exiting, leases have a predictable, transferrable value, dependent on present industry conditions.

Consumers generally trust that new airlines have passed all the rigorous safety standards and will purchase the cheapest ticket available. Aggressive marketing techniques are an industry theme and developing a strong brand can attract ticket sales and improve the subjective elements of the customer experience.

Once established, the strongest competitive advantage is having the most profitable mixture of cost-saving techniques while avoiding damage to the airline brand. This feat requires a precise operating model and an intimate knowledge of the target consumers.



Management

Average tenure

11.5 years

Relevant experience

2 directors served since re-launch in ’01

Notable other experience

Portfolio management, senior management of large enterprises

Total shares held

Direct: 4.9m Indirect: 2.05b

Remuneration

Posted by In_Sight > 2021-11-10 21:11 | Report Abuse

@kong73 yea you are right just like tony who was a music executive know nuts about airlines and bought a loss making airline with huge debt back then. What a failure. Sell so cheap allow many ppl travel until lose money what a loser! /S

2020 is a pandemic year world in lockdown which retail busines didn’t decline in revenue? LOL

Posted by DickyMee > 2021-11-10 21:17 | Report Abuse

Since you put him on a pedestal, what has he done about AAX?

Posted by Sslee > 2021-11-11 07:23 | Report Abuse

Back then Airasia began as a government-owned venture, accumulating RM11m worth of debt between 1993 and 2001.

And now know how much is AA total equity?
As at 30/6/2021
AA total equity RM negative 5,022,842,000

Posted by In_Sight > 2021-11-11 10:02 | Report Abuse

Funny how when i point out one flawed argument then others become defensive and try to pusing to another point.

There are many executives who can run businesses in different industries. To say one cannot run another is purely speculation. That’s the point I’m refuting. Also, ask about AAX in the AAX forum. Many experts there. I could care less about AAX since i don't own its shares. AA only owns roughly 13%. Not significant in my books. If u talking about share price then any company may not be a good investment if you buy at the wrong price (valuation) and timing. Even really good companies. Simple as that. Look at gloves.

Sslee, Are you being selective in choosing what to copy and paste? Why the good ones never say? Why choose 2020 when pandemic hits?

“Currie played a leading part in making adidas one of the most successful consumer brands in the region, helping to grow the company’s revenue FIVEFOLD in Greater China and narrowing the market share gap from fourth to head-to-head market leadership.”

https://www.businesstoday.com.my/2021/11/10/airasia-group-appoints-chief-commercial-officer-to-accelerate-growth/

Is AAX delisted already anyway? When is the vote?

Is AA pn17 already? Judging only pandemic period? All the years before so successful never take into account.

Context is important.

There are deadlines. Let the management do their job before you say its all doom and gloom. For all u know AA is here to stay for many more years to come.

Posted by Newtrader88 > 2021-11-11 10:44 | Report Abuse

Whr is tianchoi ? Long time dint see his comment , isit sold and profited at RM 1.3 den move to other counter d ?

Posted by Airline Bobby > 2021-11-11 10:53 | Report Abuse

Airasia will always earn because of local flights. Anything internation beware of conmen Tony

Posted by Airline Bobby > 2021-11-11 10:53 | Report Abuse

International*

Posted by Sslee > 2021-11-11 11:16 | Report Abuse

Is AA PN17 already?

Ans:
KUALA LUMPUR (May 27): AirAsia Group Bhd said it continues not to be classified as a Practice Note 17 (PN17) company as part of the relief measures provided by Bursa Securities on listed issuers that have triggered the criteria for the classification.

"Air Asia will not be classified as a PN17 listed issuer and will not be required to comply with the obligations under paragraph 8.04 and PN17 of the Main Market listing requirements for a period of 18 months from the date of the first relief announcement," the group said in a bourse filing.

The date of the first relief announcement is July 8, 2020, and the 18-month period ends on Jan 7, 2022.

AirAsia said it will re-assess its condition and announce whether it continues to trigger any of the suspended criteria upon the expiry of the 18 months.

Bursa Securities via its letters dated April 16, 2020 and February 17, 2021 granted relief to companies that have triggered the criteria from April 17, 2020 to June 30, 2021, from complying with the related obligations for 18 months.