Tiga kali meh?

Got meh?

So how would you fish out that stock?

Boh tea?

Why don't know how to layan?
forum = discussion maaa = sharing of idea.

unless you want stock forum = posting of stock tips.

AirAsia trading idea was actually tricky.

A trade would have actually been more justified by the chart than the 'observation' (stated earlier).

Although profit result showed 'big' increase, I felt that the earnings was very distorted by a huge forex gains ( I am shocked and amazed that it was a 'gain').

Leaving that out, the profits was deteriorating badly.

One thing about AirAsia, they give a lot of info in their profit announcement (kudos to them) but if we take the time and read it, we can see a big and serious problem.

We all know their revenue is flat - y-y
but consider these facts...

Malaysia operations. Aircraft fleet increased from 66 to 72 (9%) Number of Flights increased 1%
Thailand operations. Aircraft fleet increased from 28 to 37 (32%) Number of Flights increased 31%
Indonesian operations. Aircraft fleet increased from 22 to 30 (36%) Number of Flights increased 19%

Can get the simple implication?
Aircraft increased, number of flights increased but revenue flat.

Terrible.

Ben? Remember what you said about what GUH was doing (compared to Parkson) ?
Remember?

Things now (TODAY) have changed some what....
Last buyback announced was done on 14/5
TODAY's announcement probably might leave traders with mixed feeling...
Company announced many ESOS shares being listed......
Total value? 202 million !!
ESOS cost price ? 79 sen only!


Picorp?
A chart influenced trading 'idea'...
Chart showed stock breaking out to new highs...
recent quarter profits were good...
but the only risk as stated before was the company's profit track record was very inconsistent.


These are just simple stock trading ideas plucked out for discussion.....

Profits more important than revenue.

You can.


I think I will go play masak masak in the corner.

You gonna do the whacking is it?

And what does this mean to you?





I think they also said they are taking in 9 new fei kei ...

..... I need to collect some money also......

Ok.. from past experiences...

I have noted that the market tends to get nervous when the profit 'growth' extends more than 3 years...
this is cos.... I think... they are taught that growth doesn't last forever....
so after 3 years or so, they then pay attention to rate of profit growth...
once it slows, as per your example, they won't get so gung ho over the stock....
in fact... they usually get edgy....

I not good enough to give tips leh.....

I am solely here just to share and discuss about stocks....

I cannot see one.

For such numbers, they will close eyes laaa.....

Err.....

gung ho .... err .... means ........optimistic....

edgy...... err...... means ........ nervous.

ok ah?

as stated, they will be adding 9 new aircraft.

Implication is pretty damming....

They are actually doing more business (ie more flights, which equals more passengers) but their revenue is not increasing.

Their selling price (of their tickets) has gone down....
This means only one thing!!
Intense competition!!!!
The adding of 9 new aircraft next quarter would means more future borrowings (borrowings is already 10.4 billion)(there will be sale of old planes to help lessen burden)...
net debts increasing....
finance cost increasing....
and cash is burning...... fast.!

Again this is would be a good example WHY one cannot place observations over actual numbers.

We go LCT or we fly AirAsia itself...
We see MORE passengers....

and from those simple observation, we assume profits should be better.
Simple and normal deduction...
more passenger should equal more revenue and more revenue should equal more profit.

the numbers compared to same period last year.

Malaysian operations. Passengers increased by 4%. Operating Profit decreased from 250 million to 220 million.
Thailand operations. Passengers increased by 22%. Operating Profit decreased from 930 million to 330 million.
Indonesian operations. Passengers increased by 22%. Operating profit of 41 million turned to operating loss of 390 million!!!

( For Indonesia: AirAsia mentioned the following:
"However, as the Group‟s interest in Indonesia AirAsia has been reduced to zero any profits will only be recognized when a total of RM281.0 million of unrecognized losses have been reversed".)


...... see how the actual numbers tell a much different story than observation?


... and the stock is flying!!!



... and most of research houses is calling a BUY!

Stocks don't follow fundamentals all the time.
Some completely don't.

LOL!!!!

I not clever to answer this.

Yup. So what's the problem?

I mean... err.... what exactly you don't understand?

MAS has 16,710,000,000 shares wor....

that's 16.7 billion.

Today's trading volume now is ONLY 108,178,600

which is not a lot.

count the percentage, ie traded volume divided by total shares.....

is that a lot?

Do you know that only he-girls keep saying stuff like 'whack me la'......

errr .....


So you know very well despite the 'apparent' huge volume traded, it's actually nothing.
The traded volume is really NO big deal.

That is one thing you really need to know.

Second. You cannot know everything.
Unless of course, you want to be a 2nd Auntie and continue to insist.



Third. Traded volume do not necessary have to coincide with fundamentals at all.
Look at VIS the other day.
Stock was way out of fundamentals.
Clearly maniupulated.
But why when limit down the second time, the volume was so huge?
why?
Is it the birds or the bees?

Fourth. Charts and fundamentals do not correlate many times.
A rising stock chart DOES NOT have to be backed by strong fundamentals.
Good example? AirAsia.
If anyone knows half a bit of fundamentals, the results were damning.
LOL! And yet, look at the stock.


Fifth. People like to trade/punt based on wild theories.
LOL!
It's their theory, its their trade, its their money.
Don't give ah?
LOL!




My friend is not here to do whacking.
So you better not start your whacking shit and stop being like a he-girl.
LOL!