Never buy anything with 'wings' ...

Hahaha.. 2 directors resign...

Must be mega bad results coming..

This post has been edited by gark: Mar 5 2015, 10:14 AM

Later fall into the sea...

Lawan.. tetap lawan.

Bhinneka tunggal ika!

This post has been edited by gark: Mar 5 2015, 11:08 AM

Gotta learn from indon protest.. Once they protest even the polis also lari..

Worst protest i have saw is last 2 years labor union protest 500k people block an entire city and all the roads/highway. Force all the shops and factories to close, those factory that dont close, will be attacked by the masses.

Also one time use 3000 trucks to protest and blocked all the road/highway.. some people are stuck in highway for more than 24 hours..

This post has been edited by gark: Mar 5 2015, 11:24 AM

Lol.. apa ini?

Pinky the trader liao..

Nothing to be afraid la.. if

not successful = nothing happen

if successful = change better govt..

nothing to lose imho..

Also 1MDB .. might be dismantled and sold off piece by piece to pay all the debts.. sharks sudah makan enough.. *burp*

http://www.theedgemarkets.com/my/article/m...bt-plan-sources

This post has been edited by gark: Mar 5 2015, 06:10 PM

Sold one of my 'good' performing counter a few days ago..

This post has been edited by gark: Mar 5 2015, 06:08 PM

I always disclose one.. search back a few posts..

Expected.. he already hinted 6 months ago..

Now he is out he can freely sell off his 10% stake ...

Quite likely.. he is no longer majority shareholder already..

Also no longer vice chairman.. what better time to cash out?

Good luck digging that info from him..

Apa?

Me small ikan bilis only follow what ah boon says only..

Still ok lah.. not negative territory yet.

Should have sold more at RM 3..

Eh? I am telling the truth.. says fire stone pulak..

Many AA routes in Indon have been cancelled recently..

Indon government asking for USD500,000 per passenger compensation... because the Surabaya-SG route was not authorized to fly at that time slot.



This post has been edited by gark: Mar 6 2015, 01:20 PM

joking nia..

For me.. never buy anything with wings..

Because airlines can never have positive free cashflow.. in order to stay competitive it have to continue to buy and buy and buy planes, to both expand capacity and replace and retire the old ones. The more capacity they add the more they need to discount to attract the capacity, hence lower margins. It is a vicious cycle..

Since most planes are so expensive in the first place, most airline, buy and sell back to airline company for lease back. This creates a mountain of debts, and IF there are any mishaps or downturn.. they can not repay those massive debts.

The world stock market is littered with plenty of failed or bankrupt airlines ... KLSE included (MAS .. transmile..Berjaya Air)..

That is why i avoid anything with wings ... no matter how good it looks.

This post has been edited by gark: Mar 6 2015, 02:26 PM

Nope.. too low margin also..

Hedged terbalik..

so.. for every 1 sen higher on the RM/USD exchange rate .. means they MAY have unrealized forex loss of RM 120 million..

But the REAL amount is going to be smaller as they SHOULD hedge USD too.. but overall not good..

Big elephant indeed..

This post has been edited by gark: Mar 6 2015, 04:44 PM