[TOKYO, Oct. 10 (Reuters) - Japan Airlines (JAL) President Yuji Akasaka said at a press conference on Thursday that although international flights have been affected by the new Omicron strain of the new coronavirus, current passenger demand on both domestic and international flights has been roughly within expectations. (JAL) said at a press conference on Wednesday that although international flights have been affected by the Omicron strain, a new variant of the new coronavirus, passenger demand on both domestic and international flights has been largely within expectations, and that it expects to post monthly EBITDA (earnings before interest and taxes plus depreciation and amortization) of "steadily in the black" during the current fiscal year. EBITDA (Earnings before interest and taxes plus depreciation and amortization) is expected to "steadily return to profitability" during this fiscal year. The assumption of passenger demand, which is the premise of this fiscal year's forecast, "does not need to be revised at this time," he said.
Mr. Akasaka explained that passenger demand in November (preliminary figures) "has recovered by about 60% for domestic flights and 10% for international flights" compared to before the new Corona. He stated that in November, "we barely entered the zone of EBITDA profitability. We expect to be able to eliminate the cash burn (meaning cash outflow), including the repayment of interest-bearing debt," he said.
The company expects passenger demand for the current fiscal year to be about 65% for domestic flights and 10% for international flights in the third quarter, and about 90% for domestic flights and 20% for international flights in the fourth quarter. In the fourth quarter, the company expects domestic and international passenger demand to be about 65% and 10%, respectively, in the third quarter and about 90% and 20%, respectively, in the fourth quarter. For the single month of March, it is estimated to be 92% for domestic flights and 23% for international flights.
Domestic passenger demand in the third quarter was "about the same as expected or slightly lower than expected," he said, adding, "Demand is steadily increasing by about 10%, and we can fully expect it to be as expected at the end of the fiscal year. I think the situation is almost as expected or slightly lower than expected," he said.
newtostocks CharlesT I tried to register Tricor but failed. Anyway I can get a copy of the subscription form. Should I go to Tricor office? 10/12/2021 1:45 PM
Apply via BursaAnywhere apps lah...very easy one..i have used few times oredi
Or else can just print out a hardcopy fm the following links of Bursa.
Posted by ebislugger > Dec 10, 2021 8:14 PM | Report Abuse
[TOKYO, Oct. 10 (Reuters) - Japan Airlines (JAL) President Yuji Akasaka said at a press conference on Thursday that although international flights have been affected by the new Omicron strain of the new coronavirus, current passenger demand on both domestic and international flights has been roughly within expectations. (JAL) said at a press conference on Wednesday that although international flights have been affected by the Omicron strain, a new variant of the new coronavirus, passenger demand on both domestic and international flights has been largely within expectations, and that it expects to post monthly EBITDA (earnings before interest and taxes plus depreciation and amortization) of "steadily in the black" during the current fiscal year. EBITDA (Earnings before interest and taxes plus depreciation and amortization) is expected to "steadily return to profitability" during this fiscal year. The assumption of passenger demand, which is the premise of this fiscal year's forecast, "does not need to be revised at this time," he said.
Mr. Akasaka explained that passenger demand in November (preliminary figures) "has recovered by about 60% for domestic flights and 10% for international flights" compared to before the new Corona. He stated that in November, "we barely entered the zone of EBITDA profitability. We expect to be able to eliminate the cash burn (meaning cash outflow), including the repayment of interest-bearing debt," he said.
The company expects passenger demand for the current fiscal year to be about 65% for domestic flights and 10% for international flights in the third quarter, and about 90% for domestic flights and 20% for international flights in the fourth quarter. In the fourth quarter, the company expects domestic and international passenger demand to be about 65% and 10%, respectively, in the third quarter and about 90% and 20%, respectively, in the fourth quarter. For the single month of March, it is estimated to be 92% for domestic flights and 23% for international flights.
Domestic passenger demand in the third quarter was "about the same as expected or slightly lower than expected," he said, adding, "Demand is steadily increasing by about 10%, and we can fully expect it to be as expected at the end of the fiscal year. I think the situation is almost as expected or slightly lower than expected," he said.
If you think the covid pandemic is going to end soon, you should buy AirAsia now. Price is quite low and should shoot up as countries open up and people start traveling again.
If you think the covid pandemic has more to go, you should buy gloves because the price is quite low, and should shoot up as more countries lockdowns in order to buy themselves time to prepare for the new wave of covid variants. With less travel, AA will continue to starve and is in real danger of going bust.
Right now, both gloves and AA are down, indicating that the market is confused and fearful. The pandemic is going to end soon or it is not. Omicron is a danger or it is not. It cannot be both.
Practically, what price you buy depends on how much loses (paper and real) you can take, how long you are willing to hold and how confident you are in the company. And what person are you, an investor or trader.
If you are a trader... then the only answer you need to know is will the share prices will go up within your time frame. (next 5 min, next 3 days or next week). If you can forecast the future, it does not matter what price you buy or what you buy.
If you are an investor, AA at its peak was worth RM3.50 and was the largest budget carrier in South East Asia. So what does it matter if you buy are RM1, RM0.78 or RM0.30, you are going to make a profit anyway if you can hold on, if the company survives this pandemic.
However if AA goes bust, and dies... your stocks goes to zero.... can you take that? Ask yourself how much are you willing to lose. Technically AA is already bankrupt. This right issue is CPR in an attempt to keep the company alive a little longer. Most airlines have their government financial support but not AA.
Posted by Benhobenhobenho > Dec 10, 2021 3:48 PM | Report Abuse Someone told me to buy AirAsia, should I n what price can buy, anyone
Technically AA is already bankrupt. This right issue is CPR in an attempt to keep the company alive a little longer. Most airlines have their government financial support but not AA.
Omicron….it has been confirmed that the symptoms are very mild. Rate of infections in countries like U.K., US and Europe with or without omicron would be high given that it is winter and they have been enjoying the summer months without following any of,the protocols ….whilst countries like Malaysia have been locked down and over zealous …time has come to be brave and back the fact that most Malaysians have been vaccinated ….we need to change mind set! We need to live with the virus and get vaccine top up….open up the economy otherwise death will come for sure . Don’t forget Western countries can print money at will and there is no impact as they control the rating agencies. We need to be smart and not trust these countries have our own strategy and viewpoint
Gloves are now experiencing a race to bankruptcy production capacity expansion phase. Harvard Business School had a case study to this effect.
When it comes to production cost, some parts of China can produce at lower cost than Malaysia
Gloves are lucky that China production cost had gone up significantly since 20 years ago.
In any case, China ex-factory can reach 50% of Malaysia ex-factory prices.
On the balance of probability, buying AA gives you a better chance of NOT going bankrupt than buying Gloves.
Of course buying AA is already a high risk of 100% investment lost
With more than 1,000 other better counters to buy, high risk high rewards does not apply. There is no reward that can come from buying either AA or Gloves. With both you will be stuck for years without dividends at best. And are quite likely to experience 100% investment lost.
Only masochist who love suffering will buy AA or Gloves now.
Technically on uptrend now ...Malaysia will reopen its borders to international visitors by January 1 2022 at the latest, a government advisory council said, as the country seeks to revive its ailing tourism sector.
if you have visited KLIA2 three months ago and today, you will know...... literally 3 months ago AA zero flights... and today flights are at least 60% normalize and is growing.
I am curious to know what this Airasia-LR means if we own a unit, does this mean at 31 Jan 2021, I can automatically own a unit of AA with the price of 0.75?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Alice7591
112 posts
Posted by Alice7591 > 2021-12-10 09:41 | Report Abuse
Wah, 0.78 going to break