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Posts posted by Azreen
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Sometimes i wonder why ye olde Dato Tony F can't have a quick chat with the PM over this matter and solve it once and for all....
Dato Tony F seems to be hitting all the right notes with everything else he does and certainly works around with people not at my level..
Just a thot...
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I wish MAS' CEO would join this forum and share some insights, where possible, to all of us here.. That would be interesting..
I wish MAS' CEO would join this forum and share some insights, where possible, to all of us here.. That would be interesting..
I wish MAS' CEO would join this forum and share some insights, where possible, to all of us here.. That would be interesting..
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Just slightly off topic, QR has a direct DOH-MEL route... i wonder if they would consider doing DOH-KUL-MEL soon? Will be interesting to see..
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Bro Idham : Dats dugaan of the highest degree!!! I hope your Umrah was much better!!
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2 of them were fitted with the ex RMAF's engines...hahahhaa
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Great stuff, Nik, esp. driving while taking pic at 170km/h.
My thoughts precisely.. Bravo Capt!!
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Had my late Papa been on time at Bayan Lepas, i would have been orphaned at a tender young age of 4!! He missed that flite because he came out late from the mosque... N during those days when communication was less mobile than nowdays, i cant imagine what my mum went thru waiting for dad n at the same time was pregnant, my brother was born on 31 Dec 1977!!
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Tq Azmal.. love those Kebaya..
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Cash position not too bad,if yield starts to improve too, then they are not in a too bad footing!!
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Classic.... LOL
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Very interesting MAR.. Thanks. We should set up a steering committee, put our brains together and help? Hahahaaaa
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It can safely predict yield for 4Q/09 will be low?
Roger dat.. hope the situation proves us wrong!!
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I hope Krispy Kreme will fare better in Malaysia than in Jakarta.. Over the 4 yrs living there, we noticed KK being our neighbourhood donut joint to a very rare mall outlet today. They closed so many outlets throughout South Jakarta, even the one in Plaza Senayan is closed..
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I'm curious Just howcome a b707 can last then a 777
Sir - i dont quite understand your question? Can u elaborate.
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After line up , before the engines were about to open up for taxi ...
Thats a very weird situation , there must be some problem in the report somewhere ...
Very very strong winds perhaps?
Trying simulating that scenario Gav!!
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According to TV3 pictures, it is the green ones.
Anyway these abuse of government assets has been going on for a long time, and since PR side never make a fuss about it, it is fair to assume they intend to do the same when they are in power.
Sounds about rite Capt.
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1 Private placement is equity. They are selling up to 20% of the company to the new investors.
2 Problem is Thai and Indonesia AirAsia are not 100% subsidiaries. They don't even do equity accounting for Thai AirAsia. So out one pocket and in the other does not really apply here...
Cheers Flee. Ok alot clearer now.
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My guesses to the answers to your questions:
1 AirAsia is not the analysts' darling. In fact some analysts are very negative about them and that affected their Bursa share price last year, re fuel hedging. Private placement is a bit easier as the valuation may be accepted more easily by the private investors. However, this is a risky move since analysts can retaliate and mark down the shares that are traded in Bursa. Should be interesting although my opinion on local analysts is not that good. Overseas, analysts give profit forecasts too. Over here, they are not so clever to forecast profits!
2 Indonesia AirAsia is loss making. They may not be strong enough to accept an accelerated rate of aircraft arriving for their limited operations. AirAsia has to be careful not to compete amongst its sister companies. Resources deployed must be optimal for total operations, not just one group company.
1. Ok clearer now.
a) The profit forecast issue is a requirement overseas or a trend?
was wandering - the funds raised from private placement will be used to reduce gearing but wouldn't the net effect on the balance sheet be the same? They are still borrowing to repay the debt, rite?
2. Looking at each operation as an independent 'profit' center. I was thinking of a Group wide set up ( right pocket, left pocket).
Thanks.
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Looks good.
1) But a simple qt will be why do they need to exercise private placements to repay borrowings?
2) Deferement of future deliveries : One would thot that the Indonesian op will need more aircrafts or the whole group as a whole will need xtra capacity to accommodate the high demand?
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The Koreans must have lots of investment there to send their B 744 there!!
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I hope not
Because MH has had a history of engaging expensive so called consultants, but still ended up with bucketfulls of red ink when financial reports come due
Why not let common sense prevail this time round - just give it a try !
Let's hope for the best!!
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Ohh la la
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I just hope they are 'weighing' the idea with the help of some solid and comprehensive data so dat they can make a wise decision!!
Emirates A380 Official Welcome at KLIA
in Observation Hill
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Superb pictures Doc!