Air Asia accounts questioned, shares plunge

[brightonr]

You appear to have missed these ones, Kirill :

@tonyfernandes: Oil going down some more. Excellent end for Airasia. lots of capacity taken out of market. Record sales for Airasia .

@tonyfernandes: Amazing what lengths these short sellers have gone to. I am supposed to be in Hong Kong marketing a rights issue. Well I am in malaysia

[IsleworthRanger]

Good post Del,

How about Air Rangers or Bush Air, Hoop Airways

1/2 Hoop Airways

[QPR Richard]

I am waiting for that rare opportunity with baited breath.
And he would do well if he just resigned from QPR at this point.
After all, it looks increasingly like he has given us all he possibly could give,
apart from the ongoing worthless verbal diarrhea on Twitter.

How do you know what he says on twitter? Are you a follower of his, and if so, why?

[Rangers77]

Good post Del,

How about Air Rangers or Bush Air, Hoop Airways

Given our propensity to plummet, it's probably not the best idea.

[Scott Jones]

I think we are right to be concerned.

The Tune Group have had various companies go belly up, I won't list them all as there's way way too many. Basically, as they set up the Malaysian equiv of a ltd company for absolutely everything and anything.

Indeed remember the new QPR company that popped up in the last accounts? Well there's actually now two of them registered at Loftus Road.

We now have Queens Park Rangers Football & Athletic Club,Limited,(The)...QPR Holdings Limited (as we've had for ages). And the new companies are Rangers Stadium Development Ltd and another named Rangers Developments Ltd.

Guess it's all a tax thing and moving cash about and all that shenanigans.

Anyways, with QPRs debt being a concern plus both AirAsia X and Indonesia AirAsia, then the companies that went bankrupt, then the shenanigans with Caterham well..it is a worry!

Also re Caterham. Caterham's actual name was 1Malaysia. 1Malyasia is also the name/brand used by the government as part of a Malaysian investment thing.

The latter the Prime Minister is being investigated for fraud. Allegedly the 1Malaysia fund was all a load of BS and $700million dollars is "missing". And yes Najib Razak & Fernandes are business buddies. Oh and the 1Malaysia fund? It's $11 Billion dollars in debt.

I fear re the 1Malaysia scandal we may see some allegations thrown at The Tune Group as the investigation continues.

[CroydonCaptainJack]

And the winner of doom-monger of the year goes to.................................

[Scott Jones]

Also re The Mittals...there was someone (can't remember who) that said they had it on exceedingly good authority that they had reduced their ownership to only 10%. I have no idea if that's true or not. However, it was a telling sign that of the debt moved about / written off to try and avoid FFP only 10% of that was actually done by the Mittals. I'm really not sure they're waiting in the wings to help out / take over. Plus, I'm really not too sure WHAT % they own anymore.

[CroydonCaptainJack]

Also re The Mittals...there was someone (can't remember who) that said they had it on exceedingly good authority that they had reduced their ownership to only 10%. I have no idea if that's true or not. However, it was a telling sign that of the debt moved about / written off to try and avoid FFP only 10% of that was actually done by the Mittals. I'm really not sure they're waiting in the wings to help out / take over. Plus, I'm really not too sure WHAT % they own anymore.

Mr Kipling? ITK?

[MattyRangers]

Also re The Mittals...there was someone (can't remember who) that said they had it on exceedingly good authority that they had reduced their ownership to only 10%. I have no idea if that's true or not. However, it was a telling sign that of the debt moved about / written off to try and avoid FFP only 10% of that was actually done by the Mittals. I'm really not sure they're waiting in the wings to help out / take over. Plus, I'm really not too sure WHAT % they own anymore.

Tbh wouldn't surprise me. Whilst some think the Mittals / Bhatia could / would be our saviours if it ever went t1ts up, I am not so convinced on how committed / enthusiastic they are.

[CroydonCaptainJack]

Tbh wouldn't surprise me. Whilst some think the Mittals / Bhatia could / would be our saviours if it ever went t1ts up, I am not so convinced on how committed / enthusiastic they are.

Despite my sarcasm I agree. Wishful thinking I reckon.

[Hitman34]

acually, air asia staff have missed getting any wages just before last christmas.

the writing was on the wall way back then.

#fhonyternandes

[Hitman34]

This guy Krill ( apologies if you are actually a woman ) is irrelevant. It's not like you see him at any games.

you dont see our "chairman" at many games either.

[CroydonCaptainJack]

you dont see our "chairman" at many games either.

Nor indeed many modern Chairmen

[Hitman34]

I think we are right to be concerned.

The Tune Group have had various companies go belly up, I won't list them all as there's way way too many. Basically, as they set up the Malaysian equiv of a ltd company for absolutely everything and anything.

Indeed remember the new QPR company that popped up in the last accounts? Well there's actually now two of them registered at Loftus Road.

We now have Queens Park Rangers Football & Athletic Club,Limited,(The)...QPR Holdings Limited (as we've had for ages). And the new companies are Rangers Stadium Development Ltd and another named Rangers Developments Ltd.

Guess it's all a tax thing and moving cash about and all that shenanigans.

Anyways, with QPRs debt being a concern plus both AirAsia X and Indonesia AirAsia, then the companies that went bankrupt, then the shenanigans with Caterham well..it is a worry!

Also re Caterham. Caterham's actual name was 1Malaysia. 1Malyasia is also the name/brand used by the government as part of a Malaysian investment thing.

The latter the Prime Minister is being investigated for fraud. Allegedly the 1Malaysia fund was all a load of BS and $700million dollars is "missing". And yes Najib Razak & Fernandes are business buddies. Oh and the 1Malaysia fund? It's $11 Billion dollars in debt.

I fear re the 1Malaysia scandal we may see some allegations thrown at The Tune Group as the investigation continues.

Welcome to the #gangof4 mate.

[Scott Jones]

Welcome to the #gangof4 mate.

Not the first time I've been in a gang of four in relation to our club ;)