I think they mentioned something like the London & Paris routes were losing money (they stopped that), but their Aussie routes are good, maybe China/ India one also, maybe should look into quarterly result for any sign of turnaround, I prefer not to study until the full prospectus is out... cannot subscribe until then anyway... Buy or no buy all depends on the fundamental and prospective of the company and price of the issue...

Another thing to watch is their auxiliary income aka baggage and food and drink, not many ppl can tahan a few hours flight without drink, and food if longer route...

What's the indicative price for MITI?

This one got a bit of interest, but I shall wait until public prospectus was out then study... Anyone done advanced study?

Banyak kuat...

The flight number is D0xxx I think, AA Malaysia one is AKxxx.

I only need the number that sure strike in Magnum/4D/Toto... code is unless to me...

SIA suffer some heavy losses on cargo last Q, and they have piles of cash on their balance sheet, they are so stable compare to other airline (no need to mention our national disgrace...) but that's pretty amazing how AA made their profit from their strip-down-to-bone model, those ppl who buy probably hope AAX will emulate the same model, and medium/ long haul budget airline still don't have a beaten path for them to follow, but if eventually if they succeed in finding the path, the future might be bright... Let's see how is the price first...

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Added on November 6, 2012, 11:38 amStill remember Astro?

This post has been edited by htt: Nov 6 2012, 11:38 AM

[quote=nasT,Nov 6 2012, 11:48 AM]

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Added on November 6, 2012, 11:38 am
Still remember Astro?

[/quote]

Against the undercurrent, i made 5k profit with astro on day one... .

For this AAX, i would say they would not dare to price it high. As a revised business strategy they will load more flights to china & oceania routes. So i reckon they should be ok.

[/quote]
Think Astro actually putting many back to the fundamental, instead of applying blindly... so if AAX going to overprice their share, the opening might be ugly... Business prospect I agree with you, the future seems to be cautiously optimistic for them, but they need to watch out for their balance sheet (that remind me of AA, initially when they took large delivery of aircraft, the gearing is kind of scary...).

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Added on November 6, 2012, 12:53 pm[quote=skiddtrader,Nov 6 2012, 11:48 AM]
Yeah SIA is doing well in terms of their branding and also they are in based in Singapore which is like the capital of South East Asia, no offense intended for other countries. With hundreds of international flights in and out of Singapore, they aren't really worried about lack of customers, unless of course another SARS event happens which basically crippled their entire fleet in SG at that time. That's their greatest weakness being stuck on an island nation which depends on foreign trade and international business. Imagine if SARS was prolonged, if the infections did not end as fast as it did. SIA can close shop already with all their planes grounded and will probably be another airline failure story.

[/quote]
On SIA, that's one of the most important companies for Singapore, that's why the outcome is kind of stable, with near term growth expectation low (no where to move liao), they are busy expanding their low cost (tiger, scoot, silk air) with mixed result. Unless the economy outcome suddenly bright or their strategy success, else I see not much upside on their share price, didn't monitor for long liao...

This post has been edited by htt: Nov 6 2012, 12:53 PM

Haha... for now, forget about SIA... we are at AAX thread...

In thick of action today, bought some and hope... but worry might throw in my hat too early...

Don't have leh, 0.87 tonight have to cook porridge with salted vege liao

Because of this:
http://www.bursamalaysia.com/market/listed...cements/1550649
Share buy back...

True...

Finally someone notice the date

Feel bad for you, but sometime life is like that... maybe someday it might end up like Air Asia, Air Asia initially also rugi teruk...

Long haul flight, it is also feeder to AA, vice versa...

What say you? You are replying on a post dated in March when the price is 0.79? Now already 0.8+? Good morning!

Because the losing trend seems reversed, if like that, probably they should be back to black in 3Q or 4Q, couple with growing revenue, that might be the positive that market is looking for.
Offload some of my holding...

If that happened, guess AAX will go down instead...

Don't be so bad lah... they are human just like you and me...

I am so scared now, next week have to fly...