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【CAPITALA 5099 交流专区】（前名 AIRASIA ）
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发表于 26-11-2007 11:28 AM
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AirAsia
Sails Through Jul-Sep 07 Quarter, But
Cloudy Outlook Ahead
Share Price : RM1.77
Fair Value : RM1.80
Recom : Market Perform
(Downgraded)
􀁘 Results in line. Excluding RM27m foreign exchange gains, adjusted pretax profit of RM47.7m for Jul-Sep 07 quarter came in within our forecast at 51% of our pretax profit forecast for 6M ending 31 December 2007 of RM92.8m. Market consensus for the odd 6M financial year (arising from the change in FYE from
June to December) is not available.
􀁘 As usual, we are not assessing AirAsia’s performance at the standard net profit level largely due to the complication arising from the wildcard “deferred taxation”. It amounted to a whopping RM106.2m for the Jul-Sep 07 quarter that sharply inflated the net profit number.
Buying more A320. Separately, AirAsia has exercised options to buy 25 more
new A320, boosting its firm order for A320 from 150 to 175. Todate, AirAsia has
taken delivery of 31. Concurrently, AirAsia has taken up new options to buy an
additional 25 new A320, thus maintaining its outstanding options to purchase at
50. With 175 + 50 A320 (up from 150 + 50 previously), AirAsia has now locked
in sufficient capacity to underpin its growth plans up until 2014.
􀁘 KL-Singapore opens up from 1 Feb 08. Also, it has been agreed by the governments of Malaysia and Singapore that low-cost carriers based in Malaysia and Singapore will be allowed to operate four daily flights (two each for AirAsia and Tiger Airways of Singapore) on the KL-Singapore sector beginning 1 Feb 08.
In addition, from 1 Dec 08 onwards, the sector will become free-for-all for lowcost
carriers based in Malaysia and Singapore, on track to meet the Asean Open
Sky Policy deadline on 1 Jan 09. Asean Open Sky Policy basically entails liberalisation of air travel between cities of Asean members.
􀁘 In our earnings model, we have already assumed AirAsia’s capacity in terms ofASK to grow at 35% per annum in FY12/08-09, based on the A320 delivery schedule. With the KL-Singapore sector coming into the picture, we believe AirAsia is likely to divert some new capacity originally planned for other sectors to the KL-Singapore sector. While we believe ceteris paribus, the KL-Singapore
should command higher margins vis-à-vis other sectors, this may not happen during the initial years of operation. We believe for players, market share will take precedence over yields during the initial years. In other words, we expect a full-scale price war at the KL-Singapore sector over the next few years, between full-service and budget airlines, as well as among budget airlines, hence keepingthe yields low. |
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发表于 26-11-2007 11:39 AM
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亚航增购25架空巴
updated:2007-11-26 09:35:01 MYT
（吉隆坡讯）亚航同意以最少105亿美元买下175架新的A320空中巴士。
亚航之前已经订购了150架A320空中巴士，而亚航首席执行员拿督东尼费南达斯周日（11月25日）对《法新社》说，亚航目前又投资了一项增购25架新A320空中巴士的新订购单。
亚航是在它被允许从明年飞行吉隆坡至新加坡的航线后，做出这项宣布。
每架A320空中巴士目前市价约6000万美元。
东尼费南达斯指出，亚航需要更多的飞机来应付东南亚航线扩展及东南亚国家同业自由化发展的趋势。“我们的业绩也正迅速成长。” |
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发表于 26-11-2007 11:41 AM
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发表于 26-11-2007 06:46 PM
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发表于 26-11-2007 07:06 PM
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原帖由 yyhhcc 于 26-11-2007 06:46 PM 发表 
是时候买多几里收拉？
klse 这样多公司，偏偏还要买航空股。我买的信托没有一个是买航空的。。。。 |
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发表于 26-11-2007 08:56 PM
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发表于 14-1-2008 05:47 PM
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暂时关闭此帖，等【AIRASIA 交流专区 1】到了100页才重开此帖。
[ 本帖最后由 Mr.Business 于 14-1-2008 05:49 PM 编辑 ] |
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发表于 1-8-2008 03:54 PM
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发表于 1-8-2008 08:56 PM
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我来踩台.........
连续60天......进入10大活跃榜.........1.XX - 0.7X - 1.XX......GENG.!!! |
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发表于 2-8-2008 12:21 AM
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回复 49# publicpang 的帖子
没问题，记得收点票赚些钱再走人就行了。
不过看来应该还有少许上涨空间。 |
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发表于 3-8-2008 12:10 AM
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发表于 3-8-2008 12:17 AM
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发表于 3-8-2008 12:31 AM
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发表于 3-8-2008 10:13 AM
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发表于 3-8-2008 10:50 AM
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回复 54# luckystar2008 的帖子
小心中招。
记得观察清楚，买的时候或许信心满满，卖的时候犹豫不决。 |
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发表于 5-8-2008 01:30 AM
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油价一度跌到 120 以下， 明日又是个投机的好日子 |
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发表于 5-8-2008 12:16 PM
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发表于 5-8-2008 02:01 PM
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回复 57# tn728202 的帖子
也许等今晚吧。。。 |
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发表于 5-8-2008 05:54 PM
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发表于 5-8-2008 07:50 PM
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看到這個
原來EPF在玩價錢？
難怪看到2邊的買跟賣都那么大 
| Name | : | Employees Provident Fund Board | | Address | : | | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur. |
| | NRIC/Passport No/Company No. |
| : | EPF ACT 1991 | | Nationality/Country of incorporation |
| : | Malaysia | Descriptions
(Class & nominal value) |
| : | | Ordinary shares of RM0.10 each |
| Name & address
of registered
holder |
| : | 1) EPF Board - 165,901,200 shares
2) BNP Paribas Asset Management (M) Sdn. Bhd. - 186,300 Shares
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| Details of changes | Type of transaction | Date of change | No of securities | Price Transacted (RM) | Acquired | 30/07/2008 | 541,100 |
| Disposed | 30/07/2008 | 1,000,000 |
| Acquired | 31/07/2008 | 1,527,200 |
| Disposed | 31/07/2008 | 505,300 |
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Circumstances
by reason of which change has occurred |
| : | Purchase of shares on open market;
Sales of equity |
| | : | | | Direct (units) | : | 165,901,200 | | Direct (%) | : | 6.99 | | Indirect/deemed interest (units) |
| : | 186,300 | | Indirect/deemed interest (%) |
| : | 0.01 | | Total no of securities after change |
| : | 166,087,500 | | Date of notice | : | 31/07/2008 |
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