Aik , oil price drop but AA still red ?

their latest result not good ma...profit dropped a lot so ppl are cautious!

@ cherroy

Ah icic. Time to search for some fundamentally strong dividend counters to pick up if CPO continues to plunge!

the question is, good fundamental stocks prices are still staying solid like a rock. we need a little bit more patient

@ panasonic88

Yup. Cos many people got the same idea....... These shares like a 'safe haven' when KLSE like a 'casino' thesedays.......

becoz still got many rich people holding big sum of cash and waiting for good fundamental stock...

Example :

At last checking in on ver. 15

Market sure is boring these days.

Ya, these few days market sure be boring and hoping tis will not drag too long else will have a great impact to other also.

Anyway for those that have cash, it is time to target and aim.

no need rush la....sept 16 has nt arrived yet.........

Yup yup agree. Still need to wait for that day to come and see how the market react.

Source - TheStar

1.94 today?

This post has been edited by kbandito: Sep 3 2008, 11:54 AM

obviously, it is a bug. Just ignore it.
better refer to real-time online trading. 100% accurate.
or KLSE website (although there is some delay)

Or they mean previous year

Airasia share is under a lot of pressure after its poor lastest Q result.

My opinion is still that Datuk Tony has expanded AA too aggresively. The credit crunch and high fuel price, perhaps, caused 2 big holes in their grand master plan where they have plunged in million of investment to purchase the 100 unit aircraft. Though this counter offer attractive growth rate but I am still worry with its too-aggressive-expansion-plan. They might not have enough capacity (load factor?) to fill up the total/extra aircraft. Of course, I do not know why and what went wrong with their fuel hedging strategy where they used to be the best and suddenly turn into worse than MAS.

Yes, its debt has been ballooning.

So Airasia with increase in capacity need to find more customers to fill up aka to maintain its load factor which has been decreasing due to more aircraft purchased.
There is old news that they messy up with fuel hedging stragtegy previously by trading with it. Something like sell the futures contract (previously bought for hedging purposes) when oil price is high around 60-80, but who's know it continued to go higher, so they are not fully hedge their fuel cost at that time.
I remember its share price plunges after this news come out. I might be wrong, just remember bit by bit only.

You guys didn't know that Datuk Tony hedged his debt and now US rising fast and furious, dont you guys think he's losing alot in hedging against the greenback? His debt sure ballooning la

KUALA LUMPUR: Seadrill Ltd acquired 2.5 million shares of SapuraCrest Petroleum Bhd from Aug 25 to 29, increasing its total shareholding to 21.62% or 255.95 million shares.

Looks like Sapcres is supported well by Seadrill! Luckily i bought more when it dropped <1.3

Yay! Sapcres go - go -go!

Ranhill drop 9 9