Yes, will go up. News of Airasia's monetisation plan will be out this week.

Those holding can start selling now

Airasia's board approves divestment plan. Once this is done, AA can focus on it's core business and expansion.

http://www.theedgemarkets.com/my/article/a...ft-leasing-unit

Dah become stock jedi master adviser ah?

Ok... some 3 sen worth.

Earnings is actually ..... OK.

ya.. some say fuel hedges... some say forex hedges .... some say interest rates hedges.... have distorted the earnings...
some even pointed out the massive tax exemption (which someone AirAsia declares the exemption as an asset and books profit from it. - the tax exemption (close to a billion plus was granted to AirAsia to help it purchase airplanes (innm) )

But as discussed earlier with someone else....
Airasia should be an entity ( thanks to its big boss ) that should valued WITH all its hedging activities.

Yes. Count all the hedges profits + losses...
It's in the boss dna...
he gambles with the hedges....
and mind you...
we are all aware that he started his fuel hedges when oil was 80++
and yeah... the size of the hedges... it's pretty scary....

And these hedges profits and losses are huge...
many times they dwarf the actual airline operating profits...

yea... so what... a profit is still a profit... some say.

and as mentioned/discussed before...
the deferment of aircraft deliveries helped a lot.

Simple..
when it takes delivery of an aircraft...
they have to pay for it...
and AirAsia thru its dna...
is an entity that views the bank is their bestest friend...
so they borrow the fark out of the bank to finance their airplanes...
since they all the way has so little capital...
now when it defers an aircraft...
they take on less borrowing...
less borrowing means less stress on balance sheet...less loan interest to pay...

and needless to say...
such activity/strategy cannot last forever...
it was hurting BIG TIME...
as the stock crashed to a penny stock...
it was clearly dying...
NO MONEY!!!!

and of course the selling of their own aircraft and leasing back helped a lot...

look at the balance sheet...
total loans ONLY stood at around 10 billion ( yea.. being sarcastic here )

ok... cash flow was very poor....

but overall it was OK.

decent.


but then...
the longer term view....
it's still on the suicide road....

simple la...
one man...
got a billion ringgit...
this one man...
wants to embark on a project to buy 100 billion plus worth of 'business asset'....
asset which are rather extremely appreciative in nature....
this one man...
decides that via financing...
his project is viable....
how?
can it work?

you tell me....




Ooo.... stock is UP.


This post has been edited by Boon3: Aug 30 2016, 09:08 AM

well said boss

let's hope after the selling off the leasing arm, better future for AA

In market...
There's no eternal love or hate.
A stock is just a bloody stock.

HLIB says accumulate AirAsia shares
http://www.thestar.com.my/business/busines...airasia-shares/

Accumulate AirAsia shares and ride with the expected corporate restructuring exercises, earnings growth and higher dividend payout in 2017

China Merchants, Ping An units among bidders for AirAsia plane leasing unit - sources
http://www.thestar.com.my/business/busines...unit---sources/

Chinese firms to the rescue China ke arah kuasa besar dunia

AirAsia injects RM1b into Indonesia ops
http://www.thestar.com.my/business/busines...-indonesia-ops/

seems like some bailout

Sina, Youku name AirAsia the most influential airline in China
http://www.theedgemarkets.com/my/article/s...?type=Corporate

anyone here still holding this counter?

AirAsia completes RM1b private placement to major shareholders
http://www.theedgemarkets.com/my/article/a...?type=Corporate

AirAsia hints at stronger profit
http://www.nst.com.my/news/2017/01/208167/...stronger-profit

staff given 3 month bonuses

worth to buy since TF hints on better profit?

Korea Transportation Asset Management (KOTAM) preferred bidder for Asia Aviation Capital Ltd?

What's the deal here with AA? I only have a very small allocation to the company but kinda interesting how it has run up these past two days!

kotam 4.0 billion

special dividend for AA shareholders

and reduce some debts..

This post has been edited by theevilman1909: Mar 28 2017, 10:41 PM

is it a good price to sell now, like above RM3??

Average TP is like RM3.60+

U sure u wanna run so fast? P/E wise it's still quite "cheap"

This post has been edited by Pink Spider: Mar 30 2017, 09:32 AM