it just re-affirms the companies value imo.

goreng news is always something like privatisation

0359 GMT [Dow Jones] STOCK CALL: ECM Libra maintains a Buy rating on AirAsia (5099.KU), with an unchanged target of MYR3.50. The house says based on its assumptions, it expects the change in delivery schedule to increase FY12 earnings per share by 6.3%, due to lower depreciation and finance cost, after accounting for lower aircraft lease income. It also expects net gearing to come down by 5.0% to 1.5X. The house keeps its FY12 forecasts unchanged for now, pending further guidance from the company. The company said Friday it plans to defer delivery of 10 A320 aircraft to 2015 from 2012; that will cut 2012 plane deliveries to only 14. The stock is unchanged at MYR2.69. (ankur.relia@dowjones.com)

0640 GMT [Dow Jones] STOCK CALL: Maybank IB Research keeps AirAsia (5099.KU) at Buy with an unchanged MYR3.36 target after the low-cost carrier says it plans to defer 10 A320 aircraft deliveries to 2015 from 2012 originally. Despite the deferral, the airline will still take delivery of 14 planes in 2012. The house says the deferral is "no surprise" as AirAsia had earlier hinted at the possibility, and is likely positive on the bottom line especially in light of new local competition from Firefly, the low-cost unit of Malaysian Airline System (3786.KU). "The risk of capacity oversupply is real and cannot be taken lightly...the slower pace of capacity growth should enable the company to attain higher yields and load factors," says Maybank, adding that the deferral has no impact on its forecasts as it had been largely expected. The stock is up 0.4% at MYR2.70


Quite a bit of writeup/analyst from several houses. Anything cooking? Any info on Q4Y2010 result?

Good timing to enter for airasia at 2.7, looking forward for a 20% profit within 3 months at 3.2+

Stable fundamental with sneaky ideas from their managment, no worries. Look at their competitor Mas, still living in age of stone, no changes and never change.

I'm just back from meeting with my Japanese colleagues in Vietnam. He told me that Airasia is very popular in Japan nowadays. Sames goes with my colleague in Indonesia and Thailand. So the conclusion is Airasia business model does work and it will become even bigger and as a world's leading budget carriers for many years to come. The delay in 12 Airbus320 is part of strategy to reduce the gearing ratio as well as to see the reaction from rivalry carriers before moving to next step. Understand that the postponement of the 10 x 320 Airbus also because of new model engine which will enhance the fuel consumption by lowering to 15 - 18%.

I worked for MAS for 21+ years (75 to 96) but still very proud of AIRASIA. At least to now they got it right.

This post has been edited by rosdi1: Feb 15 2011, 09:52 PM

Investing in MAS is sad case, buy 1.9 sell 2.2
but investing in AIRASIA can definitely see the growth of this airline company
much more potential than MAS in the same field =)
UP UP UP!!

If the final quarter report shows extremely good news, then the share price might surge again! I just bought some and am waiting for the final quarter report to be released.
Good luck to everyone holding/buying the shares...
^^

today surge 14sen to 2.81

Does anybody knows the TP? and related info.

Maybank TP RM 3.36

thanks

long way to go

Yea.. Selling pressure was great at RM2.80 level...
^^"

guys, what is the difference between a FD and AK flight besides the prices?

This post has been edited by jolipoli81: Feb 19 2011, 12:23 AM

Broker TPs are usually for a longer period of say 12 months... Good counter, cept due to lacking of FF now, lotta manipulation and volatility...

Good for long term as well as short term (e.g. few days/weeks) play

hwang tp 3.5 (previous tp 3.2)
cimb tp 3.65
clse tp 3.5+/-
one more private broking firm tp 3.8, cannot remember which firm d.

The 4th quarter financial report will be released on Monday! If it is good news, the price will surge on Tuesday...
^^

Just to share.

http://www.starproperty.my/PropertyScene/T...htBox/10163/0/0

I think this is small problem to AIRASIA and it is just a small part of a bargaining chips.
I think the real problem to the Airline industry is the trouble in the Middle East.
This problem will keep the fuel price high( Fuel is 20 to 30% of airline cost) and the travel demand will decrease and the domino theory will follow suit.
The Middle East Airlines , short of pax demand will start a price war and all airlines worldwide will be affected.

me never like airlines stock.. better mas or asia asia.. since the case or taju*** in mas and the scandal invlve it..

0411 GMT [Dow Jones] AirAsia (5099.KU) is likely to report Thursday a 27.5% on-quarter rise in 4Q earnings, says OSK Research. "Backed by a healthy load factor of 82.5%, which is an all-time high since 2Q FY06, we expect AirAsia's EBITDA to expand by 46.3% on-quarter although the EBITDA margin of 42.1% achieved in FY10 would be relatively lower compared to the previous year's 42.7% considering that jet fuel prices have crept up," says OSK; the house adds that AirAsia's FY10 core earnings are poised to climb 80.6% on-year to MYR904.8 million. The house also nudged up its earnings forecast for AirAsia by 6.0% for FY10, and 2.0% for FY11, but cuts FY12 net profit by 3.7% after factoring in a higher jet fuel price assumption. OSK keeps its Buy call on the low cost carrier but raises its target to MYR3.86 from MYR3.78. The stock is down 5.4% at MYR2.61.