well, i do hold this stocks since past 3 years..averaging price of 1.60
still the recent hike is not enough to recover my losses but anyway seems it heading to the right direction and I believe this counter is worth to hold due to it's ambition plan.
not to added even our EPF is buying huge vols lately to add to their portfolio.

This stock going up again this morning, reaching 1.55
Looks like heading to RM2.00 soon.

Today closing at $2.45 . Looks like the buying power is still there. hands are getting itchy to sell but worried it will go up further.

Possible the trend will pick-up until CNY or near our GE. BecauseI have quite a substantial vols inm this counter thus decided to split into few blocks to sell. Perhaps 1/2 to go when the price reach 2.55 and another half to go before our GE which anticipated another correction will hit our market.

This morning sold my 40,000 Airasia @ RM2.66

Still got balance in my account @ 25,000

2.8x is small matter. the thing is this stock heading towards rm3 and above.

Another powerful push by Airasia this morning. $3 is a matter of time before it reach my minimum TP.

'
we would like to hear your comment on this.

TP from research house is around $3.36 . However that is according to the research house and it could be vary from individual point of view. My thinking is around $3.1 and can begin taking profits waiting for another deep to go in.

Ur purchase price $2.5? Mine is $1.55 and still holding.

My TP is $3.1 then will consider selling and taking profits before waiting for another correction and go in again. For some reason I still have faith in this company as they just about to making big money after lagging for years with debts which is blocking it's shares appreciation. Airasia is already a pioneer in budget airline around the world and I believe more to come from them.

From your explanation it's preety funny that because it's a "ke leng" company then you says stay away? What about those EPF and fund managers that buying into Airasia, maxis, Tanjong and etc? Are they making a blunder too? PLUS is another story where it's a monopolise business, nobody can build a highway without government consent or approval.

Kindly look into the last 3 years Airasia financial report and rethink again. They are not here by coincidence or what you called as "lucky"...no such word lucky to reflect the shares price as this is not buying 4d or toto, it's about investing in company which we think has the potential.

Looks like today there's some correction from short term and speculators after some increase for past 3 days. Hope it will regain the momentum to stabilise itself above RM3 next week.

HLIB Research maintains Buy on AirAsia, TP of RM3.46
Written by theedgemalaysia.com
Tuesday, 25 January 2011 08:29

KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research is maintaining a Buy on AIRASIA BHD [] with a target price of RM3.46 based on sum-of-parts, to better reflect Airasia's valuation post IPO exercises of associates and investment.

The research house said on Tuesday, Jan 25 AirAsia will continue to stand out against other regional LCCs and FSCs due to its strong brand name, large networks and low operating cost structure.

On Monday, AirAsia announced strong growth in 4Q10 operating statistics with continued high passenger load factor.

HLIB Research said the low-cost carrier's full year operating statistics
were inline with its FY10 assumptions. AirAsia reported +20.6% yoy growth in RPK (demand) and +9.7% yoy in ASK (supply). Passenger load factor at historical high of 82.5%.

"The strong growth achieved by AirAsia group confirms our view of the
potential growth of LCC market in Southeast Asia, due to regional economic growth and the emerging trend of air travels," it said.

Exactly what I want to say. Those high paying dividend stocks are those that already stabilise and reach the maturity stage whereby further growth are limited thus to keep the company value they paying regular dividend to keep shareholders happy. Dividend is only few % while capital appreciation can goes even 100%.

Some technical rebound today. Let's see how far it can go. Hope it will maintain at current level in view of profit taking by investors.

Strong showing by AA this morning, up 12 cents within 35 mins of trading. Can see that many buyers supporting to push the price up. For those want to enter yesterday but haven't done yet need to wait for another round of correction. I remain my TP at $3.1 before exiting.

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%.

KUALA LUMPUR: AirAsia Bhd's net profit jumped more than eight-fold to
RM316.5mil in the fourth quarter ended Dec 31, 2010 against RM33.9mil
previously while its full-year earnings hit the RM1bil mark driven by higher passenger numbers and stronger yields.


Revenue for the quarter rose 33% to RM1.18bil from RM894mil a year ago while earnings per share jumped to 11.50 sen versus 1.50 previously.

The budget carrier's core operating profit for the period was RM332.8mil, a 147% increase over RM134.7mil posted a year ago.


Its earnings before interest, tax, depreciation and amortisation margin
improved to 49.3% from 43.3% previously.

In a teleconference yesterday, group CEO Datuk Seri Tony Fernandes said AirAsia was in the best position financially that it has ever been in
providing foundation for further expansion and growth in 2011.

He said AirAsia would continue its focus on lowering costs, improving
returns and expanding its network.

Based on the current forward booking trend, Fernandes said the underlying passenger demand in the first and second quarters of this year for Malaysia, Thailand and Indonesia operations remained positive.

However, he said it must be seen in the context of the recent sharp rises in the price of oil and aviation fuel which had resulted from events in the Middle East.

"AirAsia will continue to monitor oil price movements, and the introduction of a fuel surcharge cannot be discounted if the current price is sustained or rises further," Fernandes said.

For the full year, AirAsia's profit more than doubled to RM1.06bil, or 38.60 sen per share from RM506.3mil, or 20.60 sen per share despite average fuel prices surging 35% year-on-year to US$92 a barrel in 2010. Revenue for the period rose to RM3.99bil from RM3.2bil previously.

The revenue growth was supported by 13% growth in passenger volumes and average fare that was 5% higher at RM177 as compared to RM168 achieved in 2009. Meanwhile, its seat load factor was three percentage points higher at 78% compared to 75% in 2009.

The AirAsia group combining its Malaysian, Indonesian and Thai operations carried 25.7 million passengers, up 13.1% from the 22.7 million people it carried in 2009.

"What a year we've had. Not only did we achieve record profits, but also
breached the billion-ringgit mark in net profit. With strong cash balances
of RM1.5bil, our gearing levels decreased to 1.75 times compared with 2.57 times a year ago," Fernandes said.

He said the increased contribution from ancillary income to the company's bottom line matched its passenger growth. "Ancillary has been a tremendous revenue stream for us. It's up in all three of our operations: Malaysia RM49 per pax; Thai AirAsia at 369 bahts per pax and Indonesian AirAsia at 155,089 rupiah per pax."

"There's still a lot of potential in ancillary and we're constantly looking
to increase the numbers," he said, adding that its ancillary income had been a "great defend" for high oil prices.

He said every RM1 per pax spent provides about US$1 per barrel of buffer.

Fernandes said AirAsia might consider re-introducing the fuel surcharge
which it removed in November 2008 if oil prices were to remain high.

"I do not want to jump the gun. Let the situation stabilise first and we
will evaluate the situation," he said when asked on the threshold of oil
prices whereby AirAsia would introduce the fuel surcharge.

AirAsia has hedged up to 21% of its oil needs for the first half this year
at an average of US$92.31 a barrel.

South-East Asia's largest low-cost airline by fleet size will take delivery
of three A320 planes in the first quarter of this year, one of the aircraft
will operate in Thailand and two in Indonesia.

The new aircraft would be used to replace the B737s and would provide
additional capacity across the network. Six new routes are being planned across the network in the first quarter in conjunction with additional frequencies on existing routes.

"We have also recently announced our fleet delivery plans for 2012 whereby the group will take delivery of 14 aircraft from the proposed 24 as we adapt to changing circumstances," Fernandes said, adding that the financing for eight aircraft to be delivered in 2011 had been secured.

At the end of December, AirAsia had 53 aircraft in its fleet, up from 48 in
2009.

Meanwhile, AirAsia is also planning initial public offerings (IPOs) for its
Indonesian and Thai affiliates in both countries.

The IPOs, Fernandes said, were likely to go ahead in Indonesia and Thailand by the fourth quarter of this year, subject to market conditions.

He said the offerings were intended "to build a war chest" for future
expansion, including new aircraft to raise profitability and expand
operations in both markets.

The Indonesian IPO might aim to raise between US$150mil and US$200mil, he added.

He also said that it was close to receiving regulatory approval to start the Philippines AirAsia.

"AirAsia Philippines should launch its inaugural flights in the second half
of the year. We believe there is enormous potential in the Philippines," he said.

On its dividend, Fernandes said the board would likely make a decision on its first dividend payout in the next two to three weeks.

He said the airline had received strong demand from institutional investors to start paying dividends.

Company is making good money and getting stronger year by year due to increase in revenue. The business model is works and will getting even better in the future. The current worrying trend is that escalating fuel prices which may cause lower profitability in the next qtr result. Anyway take this chances to go in before it's too late, the current downtrend is an opportunity for u to enter before i breaks the RM3 again.