QUOTE(Boon3 @ Mar 6 2015, 05:38 PM)
the other thing I was thinking......
1) how much more can AirAsia hedge?

I remember after recent report, Tony was quoted saying that the company has already hedged half of its full year consumption of jet fuel...
which was hedged around on average 80+ (singapore jet fuel )
which means half of AirAsia fuel needs for the year is bought at a much more expensive price....

anyway... the point is....
in the account....
AirAsia got left 1 billion ....
loans 12 billion....
how much money can AirAsia use to continue to gamble on hedging?
2) the USD debt itself is not constant.
it's expanding cos of AirAsia's commitment to buy new planes.....
this itself is not the elephant...
it's the whale....

and since the debt itself is expanding......

reply to myself... LOL!
** all
gark's fault.... LOL! **
why?
Airasia below 1.60.
Is cheap means good?
we see more and more people fly mahhh.....
all fly also want to use cheap Airasia....
business 'looks' good ma...
QUOTE
anyway... the point is....
in the account....
AirAsia got left 1 billion ....
loans 12 billion....
That was what I saw in Feb report.
May's report?
cash increased a bit to 1.6 billion... *they sold fei kei and they sold some travel company hor*
but Airasia loans now 13.1 billion.yes... the debt itself is expanding like hell!!!!!
can spell unsustainable?
got check the capital commitment? (ie the outstanding fei kei orders..)
total capital commitment is now 81.8 billion!!!!!!!!!!!!!!! (last year only 64 billion!!!)
81.8 billion!!!!!
Malaysia billion hair companies ar?
So many like to be in billion debts one?
trend ah?
how come?
oh... the USD debts?
LOL!
don't worry cos they cleber cleber hedge so much.....
got forex hedge...
got interest rate hedge....
and of course...
all billion dollar hedges.....
so why AirAsia crashing?
why?
how much AirAsia now?
1.60 ah?
Want to buy meh?
mehhhhhh!!!!!!!!