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[公司专区] 5014 AIRPORT 大馬機場

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发表于 2011-10-28 21:09 | 显示全部楼层
MAHB’s numbers holding up well     

Malaysia Airports Holdings Bhd
(Oct 27, RM5.88)
Maintain buy with target price of RM7.36: MAHB reported commendable earnings, with its cumulative core net profit coming in line with our estimates but ahead of consensus. Top line growth was fuelled by higher passenger spending while its bottom line got a boost from a higher utilisation rate and economies of scale.

Under the operating agreement signed in 2009, MAHB is entitled to compensation from the government should an overdue hike in tariffs be put on hold. As such, the government’s recent move to freeze MAHB’s proposed tariff hikes on aircraft landing and parking, due for an increase effective 2012, could see MAHB reducing the payment of user fees.

In the pipeline are two more joint venture (JV) initiatives and a 50-acre development of a factory outlet.

Save for a net exceptional loss item of RM2.2 million (after associates’ FRS 139 impact and a RM22 million dividend income gain), MAHB’s 3QFY11 core net profit stood at RM110.4 million or 17.3% quarter-on-quarter (q-o-q —16.6% year-on-year [y-o-y]; 12.1% year-to-date [YTD]) on the back of revenue of RM483.7 million or 2.4% q-o-q or 2.4% (8.4% y-o-y; 7% YTD). On a cumulative basis, the results were in line with our forecasts as revenue and core net profit accounted for 72% and 78% of our full-year forecasts, but beat consensus estimates. The y-o-y revenue growth was driven by resilient passenger growth (-0.3% q-o-q; 10.8% y-o-y; 12% YTD) although we note that q-o-q passenger growth was seasonally weaker owing to the lull during Ramadan. This was offset by higher non-aeronautical contribution boosted by more robust passenger spending on maximising rental space at the low-cost terminal.

MAHB managed to cut costs further during the nine-month period, with earnings before interest, tax, depreciation and amortisation (Ebitda) margin improving by 0.7 percentage points to 37.6% against 36.9% last year. Costs came down due to higher staff productivity as it achieved better economies of scale.

The management said KLIA2 may not be completed in time for commencement in 2012. Should the terminal be completed only in early 2013, the impact on our FY12 forecasts would be small as this may give rise to only a small 3.5% reduction in earnings. Valuation-wise, a delay would carry little weight in lowering our fair value for MAHB over the longer term. The management will be holding a briefing in the near future to update the investment community on the progress of KLIA2.

The management indicated that it is tendering for two more private JV initiatives with a utilities provider (likely to be Tenaga Nasional Bhd) and a hotelier. The JV will be structured like the recently announced JV partnership with WCT Bhd, in which MAHB is allocated free equity interest participation in exchange for the use of airport land by the JV partner. In addition, the government is developing a 50-acre (20ha) piece of land for a factory outlet to attract more visitors to the airport and boost non-aeronautical revenue.

With the 9MFY11 earnings in line with our estimates, we make no changes to our earnings at this juncture. We reaffirm our “buy” call, with a discounted cash flow-derived target price of RM7.36, based on 9% weighted average cost of capital. MAHB is a defensive aviation play which will do well in both good and bad times owing to resilient air travel demand and its large base of budget travellers. — OSK Research, Oct 27

http://www.theedgemalaysia.com/i ... olding-up-well.html

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发表于 2011-10-28 22:57 | 显示全部楼层
上調服務費 大馬機場淨利看漲

(吉隆坡28日訊)隨著大馬機場(AIRPORT,5014,主板貿服股)獲準上調其乘客服務收費(PSC),並將從11月15日起生效後,市場人士皆正面看待這件事的發展,並上調其淨利預測。無論如何,也有市場分析員相信,這將為航空業者帶來負面影響。

在上述消息的激勵下,大馬機場全日上揚7.48%或44仙,為全場第3大上升股。大馬機場是以全日最低的6.01令吉開始交易,在開市後就受到追捧而走高,最終以全日最高的6.32令吉結束交易。

根據大馬機場週四的文告,這次上調乘客服務收費範圍包括飛機登陸和停泊費用,其中國際乘客服務收費從51令吉上調至65令吉,而廉價機場費用則從25令吉上調至32令吉。另外,飛機登陸費和停泊費用則按年增加9%,並從2012年1月起的未來3年內按年增加18%。

為此,豐隆研究和達證券都認為,這次調整費用將為大馬機場帶來正面影響。達證券表示,政府較早前在賺幅成本扶持(MARCS)的措施下,針對乘客服務收費給予14令吉津貼。因此,目前14令吉的上調費用,其實是作為政府取消津貼的賠償,並不會對大馬機場營業額和淨利帶來影響。

「然而,飛機登陸、停泊費用,以及廉價機場的國際乘客服務收費等上調,料將對該公司淨利帶來正面效應。」

達證券分析員預計,大馬機場2012和2013財政年淨利,將分別增加8.9%和8.8%,至5億2670萬令吉與5億6420萬令吉。

而豐隆研究也將該公司2012和2013財政年淨利預測,分別上調7.2%和10.1%,並相信大馬機場與國家能源的聯營計劃,將為前者每年帶來500萬令吉的貢獻。

對航空業者帶來負面影響

此外,豐隆研究認為,這項消息料對航空業者,包括亞洲航空(AIRASIA,5099,主板貿服股)和馬航(MAS,3786,主板貿服股)將帶來負面影響,因為航空業者將需承擔部分的費用上調。分析員預測,每個航班在未來3年將按年增加900萬令吉費用。

然而,豐隆研究不排除亞洲航空和馬航會將這筆費用轉嫁予消費者,亞航乘客的額外收費料為每名乘客45仙,而馬航則為64仙。為此,市場或會擔憂這起消息將對航空需求帶來潛在衝擊,但分析員相信,每個行程增加8至15令吉費用不會對需求造成太大轉變。而達證券分析員也相信,兩家航空業者會把成本轉嫁客戶,並認為這影響不大。

因此,達證券重申對航空領域「中和」的投資評級,並將大馬機場目標價格調整至7.60令吉。至於豐隆投行則維持航空領域「增持」的投資評級,也維持大馬機場「買進」投資評級,並上調其目標價格至7令吉。

http://www2.orientaldaily.com.my ... XEy1P000Dws283u9XR7

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发表于 2011-11-30 13:47 | 显示全部楼层
新机场成本或飙升至39亿
分析师下修MAHB盈利预测

作者/本刊梁志华 Nov 30, 2011 01:14:56 pm  

     【本刊梁志华撰述】马来西亚机场控股公司(MAHB)估计第二吉隆坡国际机场(KLIA2)的建筑成本可能大幅飙升到36亿至39亿元之间的水平,对投资者信心造成冲击,导致该股股价应声下跌,分析师更下调该股的投资评级和盈利预测。

马来西亚机场控股公司在昨天发表文告表示,第二吉隆坡国际机场有望在2013年4月完工并正式投入运作。不过,该公司也表示,相关工程的建筑总成本估计将会从原本预算的25亿元,飙升至36亿到39亿元之间的水平,主要是因为进行一些机场特定项目的提升工程。

随着这项消息释出后,投资者对第二吉隆坡国际机场的建筑成本大幅飙升感到担忧,促使马来西亚机场控股公司的股价在今天面对市场卖压,早盘开市后一度下跌马币9分,报每股6元。该股在早盘休市时以6.05元进入午休时段,将跌幅收窄至4分。

对此,本地证券研究所——黄氏星展证券研究(Hwang DBS Vickers Research)今天将马来西亚机场控股公司的投资建议下调至“守住”,目标价也调降至6.70元,主要反映出第二吉隆坡国际机场的建筑成本飙升的因素。

该分析师指出,随着新机场的建筑成本飙升,马来西亚机场控股公司的现金状况将会出现吃紧状态,因此不排除该公司可能需要集资。分析师也同时将马来西亚机场控股公司的股息派发政策下调至40%,因为该公司可能需要保留更多的资金,应付建筑成本飙升的需要。

基于新机场的投资额大幅提高,分析师认为,这可能影响新机场开始投入运作的首几年盈利,马来西亚机场控股需要通过额外的营业额来填补大幅飙升的资本投资。为此,分析师将该股在2012-2013财政年的盈利预测下调3%至17%。


http://www.merdekareview.com/news_v2.php?n=21545

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发表于 2011-11-30 17:10 | 显示全部楼层
MAHB slips on concerns of higher KLIA2 costs      

KUALA LUMPUR (Nov 30): Shares of Malaysia Airports Holdings Bhd (MAHB) slipped in early trade on Wednesday as investors were concerned about the escalating costs for the new klia2 terminal.

At 9.59am, MAHB was down nine sen to RM6. There were 131,000 shares done.

However, the FBM KLCI charged ahead 10.86 points to 1,455.68 on buying of index-linked stocks. Turnover was 241.57 million shares valued at RM171.22 million. There were 230 gainers, 132 losers and 206 stocks unchanged.

MAHB forecast the CONSTRUCTION [] cost of KLIA2 to escalate to between RM3.6 billion and RM3.9 billion mainly due to upgrades of specifications of the airport. The initial budget was RM2.5 billion.

Hwang DBS Vickers Research had downgraded its target price for MAHB to RM6.70 as it factors in the higher investments for klia2.

“We believe that MAHB’s cash levels will be stretched following the hike in costs for the new klia2 and factor in a cash call. We also cut MAHB’s dividend payout policy to 40% in view of the need to preserve cash levels,” it said.

http://www.theedgemalaysia.com/b ... er-klia2-costs.html

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发表于 2011-11-30 17:11 | 显示全部楼层
RHB Research maintains Outperform on MAHB, FV RM8.39      

KUALA LUMPUR (Nov 30): RHB Research Institute is maintaining its outperform recommendation on Malaysia Airports and raised its fair value estimate to RM8.39 from RM8.08 based on “sum-of-parts”.

It said on Wednesday that MAHB forecasts the CONSTRUCTION [] cost of KLIA2 to escalate to between RM3.6 billion and RM3.9 billion mainly due to upgrades of specifications of the airport. The initial budget was RM2.5 billion).

RHB Research said despite the additional upgrades, MAHB reiterate that KLIA is on track to be completed by Jan 2013 and fully operational by April 2013.

According to MAHB, the additional cost of up to RM1.4 billion for KLIA2 would funded with the remaining RM600 million not yet drawn down from its RM3.1 billion sukuk fund facility and RM800 million internally generated fund.

“We are reducing our FY13 net profit forecast by 10.2% to reflect: (1) higher depreciation costs and operating costs upon the opening of KLIA2; and (2) higher finance costs.

“Nonetheless, KLIA2 project will now yield a valuation enhancement of RM1.65 a share (versus RM1.34/share previously) after adjusting our project value to RM3.9 billion assuming the same project internal rate of returns (IRR) of 10% (vis-à-vis MAHB’s guidance of 11%-12%),” it said.

http://www.theedgemalaysia.com/b ... -mahb-fv-rm839.html

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发表于 2011-11-30 17:26 | 显示全部楼层
Improved, larger KLIA2 to cost RM3.9b      

SEPANG: Malaysia Airports Holdings Bhd (MAHB) revealed yesterday that the new KLIA2 will now cost 95% more at RM3.6 billion to RM3.9 billion due to significant changes at the terminal, which include the very much debated aerobridges.

MAHB managing director Tan Sri Bashir Ahmad Abdul Majid, however, denied any cost overruns at the project, where the deadline has been further pushed to April 2013 from the first half of next year.

“After discussing with all our stakeholders, airlines and the public, these are the requirements,” said Bashir at a media briefing on the KLIA2 yesterday.

He added that the bulk of the cost swelling stemmed from increased earthworks as a result of the enhanced footprint area of the terminal (RM670 million), bigger terminal building (RM420 million), longer runway at 3.96km from 2.5km initially (RM180 million) and better public infrastructure (RM260 million), among other expenditure.


BIGGER AND BETTER ... Significant changes to the terminal and facilities at KLIA2, including the much discussed aerobridges, will raise the  price tag of the new low-cost carrier terminal by 95% to close to RM4 billion.
Interestingly, the incorporation of aerobridges, which was the core of the dispute between AirAsia Bhd and MAHB, cost only RM120 million or just about 7% of the entire cost increase of RM1.6 billion to RM1.9 billion.

Of the cost increase, about RM530 million is for the construction of buildings of government agencies. The improved KLIA2 will also see more aircraft stands, which will incur RM160 million more in costs and upgraded air traffic control facilities, which will see an additional RM130 million in expenditure.

He also said the cost of the KLIA2 meets global standards at some RM4,900 per sq m while the cost per passenger works out to only 25 sen.

Bashir added that the adjustments to the size and design of the KLIA2 came about because MAHB needed to meet the government’s requirement to segregate international and domestic passengers. He said that MAHB had also considered exercising the option to include aerobridges and fully-automated baggage handling system, which were not considered before, as requested by an airline partner.

“We have decided to bring forward the capex. It is better for us to delay by a few months rather than doing them (the changes) later and go through a lot of interruption,” Bashir told newsmen gathered for the briefing yesterday.

He said as a result of tedious tender processes, requirement changes on aerobridges and runway extensions as well as the baggage handling system, the project’s completion has been delayed to the end of next year and the KLIA2 will only be operational ready by April 2013.

“It was only in June that discussions on whether the baggage handling system be fully automated were held… in trying to agree (on the matter), we had weekly discussions with our airline partners.

“The best way to handle 45 million passengers is to have a fully-automated system,” said Bashir, explaining the time line and causes of the delay.

He added that the terminal has been extended by over 71% in terms of space, enough to handle 45 million passengers per annum versus 30 million as initially planned.  

He also adressed concerns that a costlier airport does not necessarily mean higher airport taxes for travellers because aeronautical charges are highly regulated. Based on the current numbers, Bashir said, it should be no problem for KLIA2 to break even within its first few years of operations.

The aeronautical charges have also been a reason for dispute between AirAsia and MAHB for awhile now.

The Transport Ministry recently approved a RM14 increase in airport tax to RM65 per passenger in most of its international airports while the LCCT in KLIA and the Terminal 2 in Kota Kinabalu saw charges go up by RM7 to RM32 per international passenger.

Landing and parking charges, meanwhile, will rise in three stages over three years — landing charges will be 9% while parking charges will be increased by 18% per year. This is the first increase in charges after 17 years.

“We are not allowed to go back to the government (for an increase) until 2014. It is my understanding that whatever charges at the current LCCT applies at KLIA2,” Bashir added.

http://www.theedgemalaysia.com/i ... -to-cost-rm39b.html

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发表于 2011-12-1 00:05 | 显示全部楼层
第二機場超支 大馬機場料需額外融資

(吉隆坡30日訊)大馬機場(AIRPORT,5014,主板貿服股)宣佈吉隆坡第二國際機場(KLIA2)的工程超支,市場人士認為,該公司將需要為這項計劃進行額外融資。

雖然如此,大部份市場人士仍看好是項計劃,並維持「買進」該股的建議。

大馬機場宣佈,KLIA2成本可能從原本的25億令吉,提升至34億至39億令吉;客運量也從原本的3000萬,提高至4500萬人。有關機場預計2013年4月開幕,設施包括控制塔與第三條跑道。

同時,該公司料發展更多聯營或商業地段,如4家私人酒店(包括Tune酒店),飛機維修服務(MRO)及貨物處理。該公司也探討是否能通過如特許權使用費、廣告及租金,取回部份發展相關設施的費用。

儘管該公司相信將從發展KLIA2的建材銷售稅,取得約1億7500萬令吉回扣,有效降低整體發展成本,而目前該公司已確認節省500萬令吉;但黃氏發展唯高達投行分析員仍將該公司2012至2013財政年盈利,下修3%至17%,因為更高的投資額,將導致折舊費用超越預期。

黃氏發展唯高達投行分析員認為,更龐大的零售空間,及將機場控制塔出租給政府所帶來的潛在額外收入,可抵消部份更高的投資額。

關注融資方式

該公司預計,KLIA2計劃料將帶來額外25至30億令吉營業額。但分析員相信,以額外的營業額來支付更高的成本,可能需要更長時間,因為乘客需要時間逐步提升。

將更高的KLIA2投資額計算在內,黃氏發展唯高達投行分析員將該股投資評級下修至「守住」,目標價格也下調至6.70令吉。分析員相信,其現金水平將受影響,因為KLIA2成本提高及需要額外融資。分析員也將其股息預測降至淨利的40%比重,因為該公司有必要保留現金。

另外,豐隆研究和達證券及艾芬投行分析員皆給予該股「買進」評級。

豐隆研究分析員關注其融資方式。該公司至今未作出融資抉擇,如發售債券,配股或發行附加股。分析員相信,該公司很大程度將配售高達10%股份,以集資約6億令吉現金。

無論如何,分析員維持該股「買進」投資評級,因為該公司壟斷大馬機場經營權(士乃機場除外),相信將從大馬強勁的航空交通需求中受惠,符合政府帶動旅遊業的措施。

但配售股票將沖淡盈利,或將抵消節省成本與額外營業額的利好效應,因此,分析員將其目標價格從7令吉,縮減至6.80令吉。

達證券分析員認為其上漲空間僅達27.5%,維持該股達「買進」評級,目標價格為7.60令吉。艾芬投行分析員也給予「買進」評級,目標價格為8.50令吉。

http://www2.orientaldaily.com.my ... 2OR1R7g2g870n7K1OdD

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发表于 2011-12-1 09:03 | 显示全部楼层
第二机场成本暴增19亿
潘俭伟敦促交通部监督

作者/翁慧琪 Nov 30, 2011 10:03:24 pm  

【本刊翁慧琪撰述】民主行动党籍八打灵再也北区国会议员潘俭伟指出,第二吉隆坡国际机场(KLIA2)由于层面扩大和增设楼层,导致建设成本翻倍,从预定成本20亿元暴增到39亿元,并促交通部监督避免成本再度暴涨和拖延竣工时间。

潘俭伟(左图)今天在国会走廊的记者会上指出,马来西亚机场控股公司(MAHB)承认机场兴建工程各层面扩大,才会导致成本飙升,其中包括大楼从两层增至九层,额外增加开支4亿2000万元,以及增建政府机构大楼,进一步添加5亿3000万元开销。

此外,他指第二吉隆坡国际机场面积比原定计划扩大130.7%,继而增加6亿7000万元额外成本。机场工程进度拖延,如今多拉长8个月,估计在2012年4月竣工。

他表示,第二吉隆坡国际机场的建造架构,远比雪邦吉隆坡国际机场(KLIA)大80%,显然新机场的建设并不是要取代雪邦廉价航空终站(LCCT),而是要取代吉隆坡国际机场。

他不认为,我国需要更大的第二个国际机场,毕竟国内设备已足够应付市场需求,并且绰绰有余。

机场乘客容量过剩

潘俭伟透露,第二吉隆坡国际机场的乘客容量将达到4500万人,同样超出原定计划中所制定的3000万乘客容量。

他指,廉价航空终站目前流量只有1540万名乘客,而吉隆坡国际机场可容纳2500万人,但实际上2010年数据指出国际机场的容量只达74.8%,即1870万人。

“这意味着这个机场的建设并不只可以取代廉价机场,就算是取代吉隆坡国际机场也没有问题。”

他表示,与其他亚洲国家机场相比,印尼乘客容量4400万人、新加坡4200万人、曼谷4300万人和香港5000万人,但我国的吉隆坡国际机场和廉价航空终站的乘客数量加起来只有3400万人。

因此,潘检伟认为,交通部必须要监督和确保第二吉隆坡国际机场工程成本不再增加,抑或再出现延误的情况。

马来西亚机场控股公司(MAHB)今天估计第二吉隆坡国际机场(KLIA2)的建筑成本可能大幅飙升到36亿至39亿元之间的水平,对投资者信心造成冲击,导致该股股价应声下跌,分析师更下调该股的投资评级和盈利预测


http://www.merdekareview.com/news_v2.php?n=21564

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发表于 2011-12-1 22:54 | 显示全部楼层
Research houses downgrade MAHB on costlier KLIA2     

PETALING JAYA: Research firms called downgrades on Malaysia Airports Holdings Bhd (MAHB), a favourite of aviation analysts, after the airport operator unveiled plans to build a bigger and costlier low-cost carrier terminal dubbed KLIA2.

On Tuesday, MAHB revealed that the total investment for KLIA2, which has been expanded by over 70% in terms of size, will increase to RM3.4 billion to RM3.9 billion from the initial RM2 billion.

HwangDBS Research, which downgraded the counter to “hold” from “buy”, said with the higher investment in KLIA2, MAHB might see higher depreciation cost than initially expected during the early years.

“In our opinion, additional revenue to cover the higher capital cost may take time to kick in, as passengers gradually increase. This would result in lower utilisation in the initial years,” said the research house.

HwangDBS cut MAHB’s earnings estimate for FY12 ending December by 3% to RM381 million and FY13 by 17% to RM350 million in view of higher depreciation costs.

However, it said the depreciation would be partially offset by the larger retail space and potential additional revenue of about RM40 million per year due to rental of the airport control tower to the government.

Hwang DBS’ move to cut MAHB’s earnings estimate was echoed by others, including RHB Research, which reduced its FY13 net profit forecast by 10.2% to RM410.7 million and OSK Research, which cut its FY13 earnings by 8% to RM450.2 million. RHB maintained its “buy” call and OSK its “outperform” on MAHB.

CIMB said it is looking at a 30% dip in core earnings once KLIA2 commences operations in 2013 due to higher operating costs.

The research firm said the major factor in its earnings downgrade is the possible huge rise in staff count, maintenance and repair costs, utilities and other miscellaneous costs as result of a bigger KLIA2.

CIMB downgraded its core earnings per share estimates by 12.5% for FY13, 7% in FY14 and 1% to 2% from FY15 to FY18.

The research house also expects MAHB to raise a further RM600 million from its remaining debt facility to help finance KLIA2.

It assumes the additional RM600 million equity issue can be achieved via a 10% placement at around RM5.50 per placement share.

CIMB said the equity funding inherently increases its weighted average cost of capital (WACC) estimate as MAHB’s cost of equity is more than double its cost of debt, at 10% versus just 4.6% for its debt.

It has also turned cautious on MAHB’s plans to expand beyond what is necessary as it has seen other airport operators, such as Thailand’s AOT of Suvarnabhumi, making the same mistake.

It advised investors to stay on the sidelines as it downgraded the stock from “outperform” to “neutral” with a lower target price at RM6.90 from RM7.95.

HwangDBS believed that MAHB’s cash levels would be stretched following the hike in costs for the new KLIA2 and factored in a cash call. It also trimmed MAHB’s dividend payout policy to 40% in view of the need to preserve cash levels.

OSK Research revised its fair value on the airport operator downwards but retained its “buy” call. It derived a lower fair value of RM7.26 from RM8.10 previously based on an unchanged WACC assumption of 9%.

It also noted that MAHB’s management expects total net savings of RM766.15 million over 20 years from “front loading” its future capital expenditure.

It added that the total capex for KLIA2 seems astronomical at first glance, but on a unit cost basis at RM4,694 per sq m, its cost is relatively lower than KLIA’s RM8,000 per sq m, and Kota Kinabalu and Kuching airports’ RM6,000 per sq m each.

OSK noted MAHB may be entitled to sales tax exemptions ranging from 5% to 10% on the equipment purchased, which would potentially reduce the capex by RM150 million to RM200 million.

So far, the counter has four “buy”, and one “outperform”, “neutral”, “hold” and “under review” calls each, based on Bloomberg data and the latest reports issued by the research houses.

http://www.theedgemalaysia.com/i ... costlier-klia2.html

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发表于 2011-12-2 12:10 | 显示全部楼层
機場稅漲價堅持不交‧亞航:要鬥到底   2011-12-02 08:05        
  • 東尼:我們會鬥爭,我們的運動明天開始。(圖:星洲日報)





(吉隆坡1日訊)亞航首席執行員丹斯里東尼費南德斯和馬來西亞機場控股有限公司(MAHB)的舌戰繼續延燒,並揚言,他將繼續就機場公司調高國際航班28%機場稅的措施抗爭到底。

據報導,亞航已經開始展開反對調高機場稅的運動,多名亞航的乘客皆收到亞航所發出的電郵,要求他們拒絕繳付今日開始生效的新國際航班機場稅。

指調高機場稅不合理

有關電郵提到,從目前機場所提供的設施來看,調高機場稅的措施並不合理。

亞航也將有關電郵發給馬來西亞機場控股有限公司董事經理丹斯里峇昔爾。

東尼昨晚在其推特上寫道,“過去,飛機只是給有錢人乘搭,但亞航已經實現所有人都能乘搭飛機的夢想,我們不能允許大馬機場隨意增加機場稅,繼續浪費乘客的金錢。我們會鬥爭,我們的運動明天開始。”

根據新的機場稅架構,一些機場的國際機場稅(離境)將從原本的51令吉調高至65令吉;至於從廉航終站、吉隆坡國際機場和亞庇國際機場第二終站起飛的國際乘客機場稅(離境),則由25令吉調至32令吉。

(星洲日報)

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发表于 2011-12-2 12:17 | 显示全部楼层
傳大馬機場管理層有變‧大馬郵政CEO或入主

大馬財經
  2011-11-26 17:51




(吉隆坡26日訊)市場消息指出,大馬機場(AIRPORT,5014,主板貿服組)近期可能出現管理層變動,其中大馬郵政(POS,4634,主板貿服組)董事經理兼首席執行員(CEO)拿督賽費沙將入主大馬機場。

大馬機場現任董事經理丹斯里峇西爾的任期即將在明年中屆滿,預計會由賽費沙取代其職務。

大馬機場及大馬郵政皆是國庫控股旗下公司。

消息人士對The Edge週刊說,目前無法掌握賽費沙會在明年1月加入大馬機場,或者是在未來數月內成為峇西爾的“替補”。市場預計峇西爾將持續留在大馬機場董事部內。

“我們也無法得知管理層變動的真正目的,因峇西爾及其團隊正努力執行大型的廉航終站計劃。”(星洲日報/財經)

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发表于 2011-12-2 22:36 | 显示全部楼层
MAHB chairman backs Bashir to stay on as MD      

SEPANG (Dec 2): Malaysia Airports Holdings Berhad (MAHB) chairman Tan Sri Dr Aris Othman has extended his full support to a proposal to extend
the service of Tan Sri Bashir Ahmad as the company's managing director.

"I can say with confidence that the entire Board of Directors will extend their full support to him being retained as the managing director.

"In my opinion, the current situation is critical from the aspect of our  standing and development. We should not make any changes whatsoever,
particularly for this position," he said.

Aris was speaking at the 6th joint signing ceremony with the Peninsular, Sabah/Labuan and Sarawak, Malaysia Airports Holdings Berhad Workers Unions, here on Friday.

Bashir's position as managing director came under question again following a media report that he would be replaced by Pos Malaysia Berhad Chief Executive Officer (CEO), Datuk Syed Faisal Albar Syed Albar, whose contract ends at the end of this month.

Bashir's contract with MAHB ends in June next year.

The proposal to extend Bashir's service was voiced by the President of the Peninsular, Malaysia Airports Holdings Berhad Workers Union, Hussin Shaharn at the same ceremony.

It was also proposed at the event that a memorandum be sent to the Prime Minister, Datuk Seri Najib Tun Razak, on the proposal.

Hussin also proposed that another memorandum be sent to the Prime Minister on the confusion at the Low Cost Carrier Terminal (LCCT) on Thursday in relation to the, "Say No To Airport Tax Increase", by Air Asia.

Air Asia is protesting MAHB's decision to raise the airport tax by between RM7 to RM14 at its five airports in the country, effective Thursday.

Meanwhile, the joint agreement signed today will see 2,705 non-executive workers of MAHB, receiving a new salary structure involving increases of 7-43 per cent.

There is also a salary adjustment of six per cent for 4,051 workers not involved in the restructuring. - Bernama

http://www.theedgemalaysia.com/b ... -stay-on-as-md.html

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发表于 2011-12-6 20:02 | 显示全部楼层
MAHB refutes AirAsia’s statement

KUALA LUMPUR: Immediately after AirAsia Bhd claimed that it did not ask for a fully automatic baggage handling system (BHS) in KLIA2, Malaysia Airports Holdings Bhd (MAHB) came out to defend its position on the matter.

In a statement issued yesterday evening to counter AirAsia’s statement sent out earlier in the day (read above story), MAHB provided documents to show that AirAsia had indeed requested to change the BHS in KLIA2 from a semi-automated to a fully automated one, which would result in the delay of KLIA2 completion and cost overruns.

The letters also highlighted that AirAsia had projected the KLIA2 to have more than 35 million passengers per annum within five years of opening day.

MAHB provided a letter dated June 16 from AirAsia group CEO Tan Sri Tony Fernandes, which stated that AirAsia opted for a fully automated BHS after considering three options given by MAHB.

The AirAsia letter read: “Our official response to MAHB is that AirAsia prefers that the BHS system be developed as shown in BHS Option 3: Dual Tilt Tray Sorter with Full Connectivity (fully-auto BHS). There are two principal reasons why we have chosen this approach, and they both have to do with insuring that the AirAsia group has a BHS system which has the capacity and flexibility to support our continued growth and development.”

In the letter, AirAsia had also said it had developed a state-of-the-art passenger and baggage check-in system, which would be rolled out at the new KLIA2.


The airline and airports operator, helmed by Tan Sri Tony Fernandes (left) and Tan Sri Bashir Ahmad respectively, tell their side of the KLIA2 story.
AirAsia also stated its new projections that KLIA2 would have more than 35 million passengers per annum within five years of opening day (by 2017). It added that the capacity must be installed at the onset of completion of KLIA2 as it would be difficult to expand the BHS system within five years of opening.

“We recognise our decision to select the most powerful BHS system option may have certain impact on the current work at the PLCCT (KLIA2). However, the evolving nature of our business requires a high level of strategic agility for our continued growth and success,” said the AirAsia letter.

MAHB also provided a letter dated Oct 10 that it wrote to AirAsia X Sdn Bhd chairman Tan Sri Rafidah Aziz. In the letter, MAHB said AirAsia’s request to change the BHS from semi-automated to fully automated would delay the progress of the KLIA2.

“MAHB had a meeting with AirAsia and AirAsiaX on July 1. MAHB had highlighted during this meeting that with the current progress of the development of KLIA2 having reached almost 40% as per the completion timeline by October 2012, any material changes in the BHS system would most certainly impact the completion date of the project,” MAHB said in its letter to Rafidah.

The delay is due to the reworking of the terminal design and layout, MAHB added.

The MAHB letter further said that in order to reduce the delay of KLIA2 completion, MAHB and AirAsia contemplated on a modified version of option 2 (semi-auto BHS) which would incorporate certain features from option 3 (full-auto BHS).  MAHB said the modified version 2 would satisfy AirAsia’s immediate operational needs but not its long-term needs.

MAHB noted that during its board meeting on July 4, the board had decided to proceed with Option 3, as it was concerned that “AirAsia’s position could very well change in the future” and it would be difficult to accommodate any changes then.

MAHB conveyed its board’s decision to AirAsia on July 6.

It also required AirAsia’s confirmation on its willingness to use the full Baggage Source Message system (BSM) and the Common Use Passenger Processing System (CUPPS) that is needed for a fully-auto BHS.

“Although we received AirAsia’s confirmation to comply with the BSM requirements on Aug 18, AirAsia’s response on the CUPPS is still outstanding and this could further delay the upgrade of the BHS beyond six months,” said MAHB.

http://www.theedgemalaysia.com/i ... sias-statement.html

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发表于 2012-2-1 17:41 | 显示全部楼层
大馬機場擬私下配售1.1億股‧籌資5.9億‧融資第二國際機場開銷
大馬 2012-01-31 14:04

(吉隆坡30日訊)大馬機場(AIRPORT,5014,主板貿服組)有意進行私下配售計劃,以發出高達1億1千萬股,或佔該公司繳足資本最高達10%股權,以配售給通過投標鑒定的投資者,籌獲的資金約5億9千840萬令吉。

上述私下配售計劃的發售價有待較後由董事部決定。

該公司發文告表示,倘若根據公司過去5天的平均市價,包括1月27日的價格計算,也是這項宣佈之前的最後交易日,這項私下配售計劃的指標發售價為5令吉44仙。

倘若以每股5令吉44仙的配售價計算,發出1億1千萬股所籌獲的資金約5億9千840萬令吉。

這項計劃籌獲的收入將部份融資第二吉隆坡國際機場的額外資本開銷。

上述計劃也促使該公司的繳足資本從11億股增至12億1千萬股。(星洲日報/財經)

http://biz.sinchew-i.com/node/56395

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发表于 2012-2-21 14:16 | 显示全部楼层
Financial Results
Reference No MA-120209-32140

Company Name
:
MALAYSIA AIRPORTS HOLDINGS BERHAD
Stock Name
:
AIRPORT   
Date Announced
:
21/02/2012
Financial Year End
:
31/12/2011
Quarter
:
4
Quarterly report for the financial period ended
:
31/12/2011
The figures
:
have not been audited

Converted attachment :



Please attach the full Quarterly Report here:
Announcement Q4-2011.pdf


Remark:




  • DEFAULT CURRENCY
  • OTHER CURRENCY



Currency
:
Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2011

    INDIVIDUAL PERIOD
    CUMULATIVE PERIOD
      CURRENT YEAR QUARTER
      PRECEDING YEAR
      CORRESPONDING
      QUARTER
      CURRENT YEAR TO DATE
      PRECEDING YEAR
      CORRESPONDING
      PERIOD
        31/12/2011
        31/12/2010
        31/12/2011
        31/12/2010
          $$'000
          $$'000
          $$'000
          $$'000
          1Revenue
          837,380
          820,599
          2,754,829
          2,468,004
          2Profit/(loss) before tax
          161,902
          182,554
          574,138
          474,964
          3Profit/(loss) for the period
          122,888
          122,540
          401,163
          317,470
          4Profit/(loss) attributable to ordinary equity holders of the parent
          122,888
          121,915
          401,115
          316,784
          5Basic earnings/(loss) per share (Subunit)
          11.17
          11.08
          36.47
          28.80
          6Proposed/Declared dividend per share (Subunit)
          0.00
          0.00
          0.00
          0.00








          AS AT END OF CURRENT QUARTER
          AS AT PRECEDING FINANCIAL YEAR END
          7
          Net assets per share attributable to ordinary equity holders of the parent ($$)
          3.2244
          3.0090

          Remarks :


          Definition of Subunit:
          In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
          Example for the subunit as follows:

          Country Base Unit Subunit
          Malaysia Ringgit Sen
          United States Dollar Cent
          United Kingdom Pound Pence

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          x 123
          发表于 2012-2-21 14:17 | 显示全部楼层
          General Announcement
          Reference No MA-120221-44814

          Company Name
          :
          MALAYSIA AIRPORTS HOLDINGS BERHAD
          Stock Name
          :
          AIRPORT   
          Date Announced
          :
          21/02/2012


          Type
          :
          Announcement
          Subject
          :
          OTHERS

          Description
          :
          Malaysia Airports Holdings Berhad: Additional Information of the Unaudited 4th Quarter 2011.

          Attachments
          :
          Q4'11-additional info.pdf

          Announcement Details/Table Section :



          We refer to the above matter.
          We enclose herewith additional information on the Unaudited Fourth Quarter 2011 results which was announced earlier.

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          x 472
          发表于 2012-2-22 11:38 | 显示全部楼层
          大馬機場全年淨賺4億

          (吉隆坡21日訊)基於調漲員工薪酬導致勞力成本走高2220萬令吉,大馬機場(AIRPORT,5014,主板貿服股)2011財政年末季(截至12月31日)稅前盈利按年縮減11.3%,至1億6190萬令吉。

          無論如何,在較低的稅務繳交下,大馬機場末季淨利仍按年微增0.8%,至1億2288萬令吉;而營業額也按年微增2%,至8億3738萬令吉。

          取得26.6%年增幅

          同時,該公司全年淨利達4億零111萬令吉,取得26.6%的年增幅;營業額也按年增長11.6%,至27億5482萬令吉。

          大馬機場是在週二早盤休市時發佈上述業績報告,但該股在午盤並沒有出現顯著的波動,閉市時以5.78令吉掛收,全天僅上揚8仙或1.40%。

          大馬機場發文告表示,基於乘客量增加與施行新服務收費率,帶動航空活動業務營業額增長8.9%,或1990萬令吉,是末季營業額的主要成長動力。

          去年末季,大馬機場客流量按年增長7.2%,其中國內和國際航線乘客量分別增長9.2%和5.1%,這也導致該公司的零售業務增長11.5%,或1340萬令吉。

          大馬機場全年客流量共實現10.7%的成長,其中國內和國際航線乘客量分別增長11%和10.3%。無論如何,該公司在航線復甦項目(ARP)下發放的航線津貼,從上一財政年的3110萬令吉,增至9170萬令吉,對該公司機場業務營業額造成衝擊。

          此外,大馬機場也指出,其客流量並未受到中東政治局勢、日本地震、美國和歐洲經濟不振等事件影響。該公司也預測,即便全球經濟料將在今年放緩,但其現財政年仍可達致6.6%的客流量成長。

          同時,大馬機場也在今日宣佈派發每股高達14.14仙的毛終期股息,以及0.33仙的單層終期股息。

          http://www2.orientaldaily.com.my ... lPL0SF22WNI270g2oG7

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          发表于 2012-2-22 23:40 | 显示全部楼层
          大馬機場冀5年達16億零售營業額

          (吉隆坡22日訊)大馬機場(AIRPORT,5014,主板貿服股)冀望,一旦第2吉隆坡國際機場(KLIA2)在五年內的客流量達到巔峰,並每年吸引3000萬名乘客在該機場消費,這將讓其年度零售營業額達到16億令吉的目標。

          大馬機場商業服務部高級總經理法伊莎凱魯汀聲言,在乘客量提升和商業產品增加的帶動下,新機場的人均消費也將提高。「第2吉隆坡國際機場的人均消費料達40令吉,高過廉價航空終站(LCCT)的22令吉。」

          她披露,在該公司旗下的全馬39個機場(士乃機場除外),目前的年度銷量高達13億令吉,而大部份是由吉隆坡國際機場(KLIA)貢獻,約為9億令吉。

          因此,一旦第2吉隆坡國際機場在2013年4月全面啟用後,將為首個全年營業額貢獻1億8000萬令吉。其中,零售與餐飲營業額共佔1億6000萬令吉,廣告營業額則佔其余2000萬令吉。法伊莎估計,該機場非航空領域的營業額貢獻比重料達60%,相比航空領域的40%比重。

          法伊莎是在今天召開媒體匯報會時,向記者發表以上談話。

          第2吉隆坡國際機場目前已達到50%的工程進度,全面啟用後可迎合4500萬名乘客,並吸引其中3000萬名乘客消費。

          第2國際機場提高客流量

          亞洲航空(AIRASIA,5099,主板貿服股)估計,多達50%的亞航乘客需要使用中轉運送,料為第2吉隆坡國際機場提供龐大的乘客量。

          吉隆坡國際機場在2011年的乘客量是3500萬人,其中,國際機場占1800萬人,廉價航空終站則佔其余1700萬人。

          另一方面,大馬機場將針對第2吉隆坡國際機場的225個商業單位,總共進行三輪的招標活動。該公司將在今年7月公佈所有特許經營得主,各單位需在2013年4月,即第2吉隆坡國際機場啟動之際準備就緒。

          在225個單位中,其中118個將分配給零售業者,另外81個是保留給餐飲業者,其餘26個則給服務業者。首次招標是涉及27個單位,料在今年4月份頒出。

          大馬機場將在2月29日和3月6日進行第二次招標的匯報會,涉及39個包括零售、餐飲、服務的商業單位。有興趣者可從2月29日至3月27日期間購買相關競標文件,並在4月3日下午3時之前遞呈競標書。

          第2吉隆坡國際機場的零售總面積多達3萬5200平方尺,比吉隆坡國際機場的2萬5000平方尺還要大。吉隆坡國際機場的總面積是50萬平方尺,而零售面積佔其5%比重。反之,第2吉隆坡國際機場的總面積雖然只有25萬平方尺,但零售面積卻佔其14.08%。

          http://www2.orientaldaily.com.my ... 6v709U923FY257S3XQ9

          x 0 我要送花

          x 5
          发表于 2012-2-29 23:18 | 显示全部楼层
          Klia2 还有一年半才完成。

          x 0 我要送花

          x 7
          发表于 2012-3-2 10:14 | 显示全部楼层
          好股一只,买来收在枕头下

          x 0 我要送花

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