Highlights
KLSE: AAX (5238)       AIRASIA X BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.07   -0.005 (6.67%)  0.065 - 0.075  22,517,300
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Financials


Market Cap: 290 Million

Market Cap 290 Million
NOSH 4,148 Million

Latest Audited Result:  31-Dec-2019

Latest Audited Result: 31-Dec-2019
Announcement Date 30-Jul-2020
Next Audited Result: 31-Dec-2020
Est. Ann. Date: 30-Jul-2021
Est. Ann. Due Date: 29-Jun-2021

Latest Quarter:  31-Mar-2020 [#1]

Latest Quarter: 31-Mar-2020 [#1]
Announcement Date 30-Jul-2020
Next Quarter: 30-Jun-2020
Est. Ann. Date: 22-Aug-2020
Est. Ann. Due Date: 29-Aug-2020
QoQ | YoY   -473.76%  |    -1,368.55%

Annual (Unaudited) ( EPS: -11.80, P/E: -0.59 )

Revenue | NP to SH 4,392,607  |  -489,480
RPS | P/RPS 105.89 Cent  |  0.07
EPS | P/E | EY -11.80 Cent  |  -0.59  |  -168.57%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.05  |  1.40
YoY   -56.53%
NP Margin | ROE -11.14%  |  -236.00%
F.Y. | Ann. Date 31-Dec-2019  |  27-Feb-2020

T4Q Result ( EPS: -26.10, P/E: -0.27 )

Revenue | NP to SH 4,147,895  |  -1,082,515
RPS | P/RPS 99.99 Cent  |  0.07
EPS | P/E | EY -26.10 Cent  |  -0.27  |  -372.80%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS -0.21  |  0.00
QoQ | YoY   -121.16%  |    -248.23%
NP Margin | ROE -26.10%  |  0.00%
F.Y. | Ann. Date 31-Mar-2020  |  30-Jul-2020

Annualized Result ( EPS: -53.01, P/E: -0.13 )

Revenue | NP to SH 3,696,368  |  -2,198,808
RPS | P/RPS 89.11 Cent  |  0.08
EPS | P/E | EY -53.01 Cent  |  -0.13  |  -757.24%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -349.21%  |    -1,368.55%
NP Margin | ROE -59.49%  |  0.00%
F.Y. | Ann. Date 31-Mar-2020  |  30-Jul-2020


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2020 30-Jul-2020 31-Mar-2020 1 924,092 -549,381 -549,702 -549,702 - -871,111 - % -59.49% 0.00% 4,148,148 22.28 22.28 -13.30 -13.25 0.00 0.00 -0.2100 -0.21   -473.76%   -1,368.55% 31-Mar-2020 0.05 0.22 -0.38 0.00 -265.03% 0.00% 30-Jul-2020 0.07 0.31 -0.53 0.00 -189.31% 0.00%
31-Dec-2019 27-Feb-2020 31-Dec-2019 4 1,195,639 42,820 -95,807 -95,807 - 207,407 - % -8.01% -46.19% 4,148,148 28.82 28.82 -2.30 -2.31 0.00 0.00 0.0500 0.05   58.33%   3.49% 31-Dec-2019 0.155 0.54 -6.71 3.10 -14.90% 0.00% 27-Feb-2020 0.105 0.36 -4.55 2.10 -22.00% 0.00%
31-Dec-2019 13-Nov-2019 30-Sep-2019 3 1,014,696 -157,098 -229,894 -229,894 - 207,407 - % -22.66% -110.84% 4,148,148 24.46 24.46 -5.50 -5.54 0.00 0.00 0.0500 0.05   -11.00%   -16.42% 30-Sep-2019 0.16 0.65 -2.89 3.20 -34.64% 0.00% 13-Nov-2019 0.175 0.72 -3.16 3.50 -31.67% 0.00%
31-Dec-2019 22-Aug-2019 30-Jun-2019 2 1,013,468 -269,333 -207,112 -207,112 - 539,259 - % -20.44% -38.41% 4,148,148 24.43 24.43 -5.00 -4.99 0.00 0.00 0.1300 0.13   -577.95%   -260.46% 28-Jun-2019 0.225 0.92 -4.51 1.73 -22.19% 0.00% 22-Aug-2019 0.195 0.80 -3.91 1.50 -25.60% 0.00%
31-Dec-2019 16-May-2019 31-Mar-2019 1 1,168,804 59,517 43,333 43,333 - 788,148 - % 3.71% 5.50% 4,148,148 28.18 28.18 1.00 1.04 0.00 0.00 0.1900 0.19   143.65%   4.42% 29-Mar-2019 0.245 0.87 23.45 1.29 4.26% 0.00% 16-May-2019 0.225 0.80 21.54 1.18 4.64% 0.00%
31-Dec-2018 21-Feb-2019 31-Dec-2018 4 1,148,075 15,862 -99,269 -99,269 - 580,740 - % -8.65% -17.09% 4,148,148 27.68 27.68 -2.40 -2.39 0.00 0.00 0.1400 0.14   49.73%   -217.60% 31-Dec-2018 0.235 0.85 -9.82 1.68 -10.18% 0.00% 21-Feb-2019 0.29 1.05 -12.12 2.07 -8.25% 0.00%
31-Dec-2018 21-Nov-2018 30-Sep-2018 3 1,077,422 -247,838 -197,469 -197,469 - 788,148 - % -18.33% -25.05% 4,148,148 25.97 25.97 -4.80 -4.76 0.00 0.00 0.1900 0.19   -243.68%   -356.03% 28-Sep-2018 0.28 1.08 -5.88 1.47 -17.00% 0.00% 21-Nov-2018 0.24 0.92 -5.04 1.26 -19.84% 0.00%
31-Dec-2018 30-Aug-2018 30-Jun-2018 2 1,053,620 -64,785 -57,457 -57,457 - 954,074 - % -5.45% -6.02% 4,148,148 25.40 25.40 -1.40 -1.39 0.00 0.00 0.2300 0.23   -238.46%   -221.12% 29-Jun-2018 0.34 1.34 -24.55 1.48 -4.07% 0.00% 30-Aug-2018 0.335 1.32 -24.19 1.46 -4.13% 0.00%
31-Dec-2018 22-May-2018 31-Mar-2018 1 1,265,333 55,340 41,498 41,498 - 995,555 - % 3.28% 4.17% 4,148,148 30.50 30.50 1.00 1.00 0.00 0.00 0.2400 0.24   -50.84%   301.49% 30-Mar-2018 0.385 1.26 38.48 1.60 2.60% 0.00% 22-May-2018 0.38 1.25 37.98 1.58 2.63% 0.00%
31-Dec-2017 22-Feb-2018 31-Dec-2017 4 1,220,466 135,576 84,414 84,414 - 954,074 - % 6.92% 8.85% 4,148,148 29.42 29.42 2.00 2.03 0.00 0.00 0.2300 0.23   294.94%   116.41% 29-Dec-2017 0.33 1.12 16.22 1.43 6.17% 0.00% 22-Feb-2018 0.415 1.41 20.39 1.80 4.90% 0.00%
31-Dec-2017 24-Nov-2017 30-Sep-2017 3 1,124,465 -8,627 -43,302 -43,302 - 995,555 - % -3.85% -4.35% 4,148,148 27.11 27.11 -1.00 -1.04 0.00 0.00 0.2400 0.24   -191.28%   -492.76% 29-Sep-2017 0.38 1.40 -36.40 1.58 -2.75% 0.00% 24-Nov-2017 0.365 1.35 -34.97 1.52 -2.86% 0.00%
31-Dec-2017 24-Aug-2017 30-Jun-2017 2 1,036,347 27,947 47,438 47,438 - 995,555 - % 4.58% 4.76% 4,148,148 24.98 24.98 1.10 1.14 0.00 0.00 0.2400 0.24   358.96%   4,555.35% 30-Jun-2017 0.41 1.64 35.85 1.71 2.79% 0.00% 24-Aug-2017 0.39 1.56 34.10 1.63 2.93% 0.00%
31-Dec-2017 25-May-2017 31-Mar-2017 1 1,180,727 31,908 10,336 10,336 - 995,555 - % 0.88% 1.04% 4,148,148 28.46 28.46 0.20 0.25 0.00 0.00 0.2400 0.24   -73.50%   -94.24% 31-Mar-2017 0.40 1.41 160.53 1.67 0.62% 0.00% 25-May-2017 0.43 1.51 172.57 1.79 0.58% 0.00%
31-Dec-2016 22-Feb-2017 31-Dec-2016 4 1,170,295 29,884 39,006 39,006 - 1,078,518 - % 3.33% 3.62% 4,148,148 28.21 28.21 0.90 0.94 0.00 0.00 0.2600 0.26   253.80%   -80.65% 30-Dec-2016 0.36 1.28 38.28 1.38 2.61% 0.00% 22-Feb-2017 0.415 1.47 44.13 1.60 2.27% 0.00%
31-Dec-2016 23-Nov-2016 30-Sep-2016 3 982,402 12,008 11,025 11,025 - 954,074 - % 1.12% 1.16% 4,148,148 23.68 23.68 0.30 0.27 0.00 0.00 0.2300 0.23   981.94%   103.83% 30-Sep-2016 0.39 1.65 146.74 1.70 0.68% 0.00% 23-Nov-2016 0.39 1.65 146.74 1.70 0.68% 0.00%
31-Dec-2016 23-Aug-2016 30-Jun-2016 2 883,163 -9,230 1,019 1,019 - 954,074 - % 0.12% 0.11% 4,148,148 21.29 21.29 0.00 0.02 0.00 0.00 0.2300 0.23   -99.43%   100.77% 30-Jun-2016 0.37 1.74 1,506.20 1.61 0.07% 0.00% 23-Aug-2016 0.46 2.16 1,872.57 2.00 0.05% 0.00%
31-Dec-2016 24-May-2016 31-Mar-2016 1 970,674 218,517 179,489 179,489 - 829,629 - % 18.49% 21.63% 4,148,148 23.40 23.40 4.30 4.33 0.00 0.00 0.2000 0.20   -10.96%   242.55% 31-Mar-2016 0.29 1.24 6.70 1.45 14.92% 0.00% 24-May-2016 0.40 1.71 9.24 2.00 10.82% 0.00%
31-Dec-2015 26-Feb-2016 31-Dec-2015 4 853,945 151,659 201,586 201,586 - 511,111 - % 23.61% 39.44% 3,407,407 25.06 20.59 5.90 4.86 0.00 0.00 0.1500 0.12   169.95%   219.62% 31-Dec-2015 0.18 0.72 3.04 1.20 32.87% 0.00% 26-Feb-2016 0.23 0.92 3.89 1.53 25.72% 0.00%
31-Dec-2015 25-Nov-2015 30-Sep-2015 3 793,013 -291,419 -288,193 -288,193 - 380,034 - % -36.34% -75.83% 3,166,955 25.04 19.12 -9.10 -6.95 0.00 0.00 0.1200 0.09   -116.79%   -36.68% 30-Sep-2015 0.195 0.78 -2.14 1.63 -46.67% 0.00% 25-Nov-2015 0.195 0.78 -2.14 1.63 -46.67% 0.00%
31-Dec-2015 19-Aug-2015 30-Jun-2015 2 653,028 -162,384 -132,938 -132,938 - 435,865 - % -20.36% -30.50% 2,179,327 29.96 15.74 -4.50 -3.20 0.00 0.00 0.2000 0.11   -5.58%   -3.22% 30-Jun-2015 0.21 0.70 -3.44 1.05 -29.05% 0.00% 19-Aug-2015 0.18 0.60 -2.95 0.90 -33.89% 0.00%
31-Dec-2015 27-May-2015 31-Mar-2015 1 775,374 -117,278 -125,916 -125,916 - 570,185 - % -16.24% -22.08% 2,375,773 32.64 18.69 -5.30 -3.04 0.00 0.00 0.2400 0.14   25.28%   -1,016.18% 31-Mar-2015 0.46 1.41 -8.68 1.92 -11.52% 0.00% 27-May-2015 0.265 0.81 -5.00 1.10 -20.00% 0.00%
31-Dec-2014 24-Feb-2015 31-Dec-2014 4 816,872 -200,409 -168,526 -168,526 - 711,671 - % -20.63% -23.68% 2,372,239 34.43 19.69 -7.10 -4.06 0.00 0.00 0.3000 0.17   20.07%   -28.32% 31-Dec-2014 0.645 1.87 -9.08 2.15 -11.01% 0.00% 24-Feb-2015 0.62 1.80 -8.73 2.07 -11.46% 0.00%
31-Dec-2014 19-Nov-2014 30-Sep-2014 3 698,764 -224,451 -210,851 -210,851 - 876,571 - % -30.17% -24.05% 2,369,112 29.49 16.85 -8.90 -5.08 0.00 0.00 0.3700 0.21   -63.72%   -897.44% 30-Sep-2014 0.79 2.68 -8.88 2.14 -11.27% 0.00% 19-Nov-2014 0.645 2.19 -7.25 1.74 -13.80% 0.00%
31-Dec-2014 19-Aug-2014 30-Jun-2014 2 671,612 -132,374 -128,785 -128,785 - 1,097,057 - % -19.18% -11.74% 2,384,907 28.16 16.19 -5.40 -3.10 0.00 0.00 0.4600 0.26   -1,041.61%   -298.68% 30-Jun-2014 0.70 2.49 -12.96 1.52 -7.71% 0.00% 19-Aug-2014 0.82 2.91 -15.19 1.78 -6.59% 0.00%
31-Dec-2014 19-May-2014 31-Mar-2014 1 749,479 -48,128 -11,281 -11,281 - 1,150,661 - % -1.51% -0.98% 2,256,200 33.22 18.07 -0.50 -0.27 0.00 0.00 0.5100 0.28   91.41%   -122.47% 31-Mar-2014 0.78 2.35 -156.00 1.53 -0.64% 0.00% 19-May-2014 0.755 2.27 -151.00 1.48 -0.66% 0.00%
31-Dec-2013 25-Feb-2014 31-Dec-2013 4 679,586 -170,388 -131,332 -131,332 - 1,241,684 - % -19.33% -10.58% 2,387,854 28.46 16.38 -5.50 -3.17 0.00 0.00 0.5200 0.30   -596.70%   -1,031.70% 31-Dec-2013 0.995 3.50 -18.09 1.91 -5.53% 0.00% 25-Feb-2014 0.94 3.30 -17.09 1.81 -5.85% 0.00%
31-Dec-2013 19-Nov-2013 30-Sep-2013 3 601,491 -18,945 26,441 26,441 - 203,667 - % 4.40% 12.98% 357,310 168.34 14.50 7.40 0.64 0.00 0.00 0.5700 0.05   181.85%   -45.88% 30-Sep-2013 1.11 0.66 15.00 1.95 6.67% 0.00% 19-Nov-2013 1.04 0.62 14.05 1.82 7.12% 0.00%
31-Dec-2013 20-Aug-2013 30-Jun-2013 2 491,136 -58,410 -32,303 -32,303 - 88,099 - % -6.58% -36.67% 266,966 183.97 11.84 -12.10 -0.78 0.00 0.00 0.3300 0.02   -164.35%   58.39% 0.00 0.00 0.00 0.00 0.00% 0.00% 20-Aug-2013 1.19 0.65 -9.83 3.61 -10.17% 0.00%
31-Dec-2013 31-Mar-2013 1 535,277 34,765 50,197 50,197 - - - % 9.38% - % 267,005 200.47 12.90 18.80 1.21 0.00 0.00 - -   256.11%   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 31-Dec-2012 4 538,961 24,929 14,096 14,096 - 579,797 - % 2.62% 2.43% 265,962 202.65 12.99 5.30 0.34 0.00 0.00 2.1800 0.14   -71.15%   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 30-Sep-2012 3 486,554 49,029 48,856 48,856 - - - % 10.04% - % 266,972 182.25 11.73 18.30 1.18 0.00 0.00 - -   162.93%   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 30-Jun-2012 2 405,203 -92,868 -77,636 -77,636 - - - % -19.16% - % 266,790 151.88 9.77 -29.10 -1.87 0.00 0.00 - -   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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  44 people like this.
 
greedy44444 CGS-CIMB going to close shop soon after failed miserably on their prediction on AAX. Those who think AAX and Airasia will close shop sooner than CGS-CIMB are too dumb to believe them. Let's see who close shop first.
06/08/2020 1:51 PM
greedy44444 CGS-CIMB are in big trouble soon... millions of lawsuit by AAX investors waiting for them for their untrue report about AAX share prices.
06/08/2020 1:53 PM
greedy44444 I'm on the same mission too

pharker Actually I am looking for a stock to buy fitting the criteria :-

1. Worst impact by covid 19...almost go bankrupt but did not, too big to fail, hence share price hit rock bottom during pandemic, almost died but hang on
2. Once vaccine developed, just a matter of time given the huge resources poured in and the enormous market potential and profit given the extent of this pandemic, the stock will rebound like crazy

1 and 2 meaning a very sharp V-shaped recovery stock, for max bagger gain

The one famous classic example is Citigroup during the housing bubble crisis..almost went bankrupt and my uncle bought it at ridiculous USD 0.40 and when rebounded, he enjoyed an early retirement from his mundane 9 to 5 job.

May be I found one today, not as fierce as Citigroup, but maybe a good smaller scale proxy to its story.
06/08/2020 2:23 PM
kyh4862 https://www.36kr.com/p/823792618282376
06/08/2020 2:51 PM
greedy44444 wow...AAX 1 cent done !!! many still daydreaming... sweet dreams
06/08/2020 4:00 PM
AK https://www.theedgemarkets.com/article/airasia-flights-have-multiplier-effect-malaysia-economy-%E2%80%94-rafidah-aziz
06/08/2020 5:09 PM
InvestGH Any hope for AirAsiaX?
06/08/2020 6:09 PM
sharewiz118 if only dead horse can fly
06/08/2020 9:17 PM
greedy44444 Sailang now...kiasi ikan bilis better stay sidelines because your target 1 cent is coming soon.
07/08/2020 1:17 AM
ocpd @greedy make sure you max out all your credit cards and personal loans and all-in AA & AAX, surely you will be a millionaire.
07/08/2020 7:56 AM
Monica no hope for AAX...
07/08/2020 11:59 AM
shacarlos RUN.....!!!!!! ;-)
07/08/2020 12:08 PM
Qbb99 Aax is so cheap , where to run
07/08/2020 7:55 PM
Jeffreyteck Without government or lenders support, already under receivership. Anyway, still strong support at this level unless market crash another round.
07/08/2020 11:21 PM
cashflow Waiting for 3 cents.
08/08/2020 8:31 AM
greedy44444 Sweet dreams....
08/08/2020 9:45 AM
greedy44444 Vaccines coming soon...yes !

Enam vaksin percubaan COVID-19, termasuk tiga dari China, kini memasuki percubaan fasa ketiga, lapor agensi berita Xinhua, memetik pegawai kanan Pertubuhan Kesihatan Sedunia (WHO) pada semalam.

Tiga vaksin percubaan itu dari Sinovac, Institut Produk Biologi/Sinopharm Wuhan, dan Institut Produk Biologi/Sinopharm Beijing, kata pengarah eksekutif Program Kecemasan Kesihatan WHO, Michael Ryan pada taklimat maya.

https://www.bharian.com.my/dunia/lain-lain/2020/08/718812/covid-19-6-vaksin-percubaan-3-dari-china-kini-di-peringkat-fasa
08/08/2020 9:47 AM
Banditos too big to let it fail indeed

https://www.thestar.com.my/business/business-news/2020/08/08/airasia-secures-rm1bil-financing#cxrecs_s
08/08/2020 11:01 AM
greedy44444 AAX going to the moon Monday along with AirAsia...grab it Monday morning before it fly to 15 cents next week
08/08/2020 12:13 PM
greedy44444 AirAsia Group Bhd, Asia’s leading low cost carrier (LCC), has secured financing to the tune of RM1bil that will give it the much needed cash flow to survive the turbulent times of the industry.

Sources say a consortium of local banks has put together the financing package that the LCC can withdraw over time. It will now seek a guarantee from Danajamin for 80% of the loan. Drawdown on the loan is contingent upon AirAsia flying to international destinations. The hope is that travel bubbles will be initiated in stages to destinations in Asia, with Singapore set to be the first stop.

“The money should be enough for now for AirAsia to tide over the turbulent times that the airline industry is going through due to the Coronavirus pandemic. It is also the first major loan that is being disbursed via the Danajamin loan guarantee scheme, ” says a source.

AirAsia is the leading LCC in Asia with its reach stretching up to China. Due to the Covid-19 pandemic, it was forced to shut down the operations for almost a month in April. The LCC resumed operations in May by flying mainly domestic routes. Passenger bookings, flight frequencies and load factors are gradually improving
08/08/2020 12:15 PM
greedy44444 Cargo operations are said to be enjoying robust business and load factors are up to 70% but without travel being opened to international destinations, AirAsia will not be able to make a profit by just relying on domestic routes.

According to the latest set of results, AirAsia swung in the red in the first quarter to the tune of RM803.85mil. For the first time in many years, the LCC recorded a negative earnings before interest, tax, depreciation and amortisation (EBITDA).

AirAsia’s EBITDA was in deficit of RM28.5mil compared to a healthy RM525.6mil in the corresponding period a year ago. The biggest expense items are staff cost, fuel cost and maintenance and overhaul cost.

AirAsia still has RM1.6bil in its kitty to run its operations. However it would not be enough to see through the operations in the difficult times and the RM1bil cash injection is expected to help it through next year.

“The RM1bil in financing is what the major shareholders of AirAsia were looking for to tide over the tough times. It should be sufficient for now, ” says a source.
08/08/2020 12:16 PM
greedy44444 Airlines in Asia have resumed flying and in an interview last month, he said the airline is confident its business will continue to survive, given the efforts already undertaken to raise cash and to cut costs, more importantly to see its cash expenses drop by 50% this year.

With revenue now up and costs being cut, the airline’s cash burn rate will lessen and it is also seeing major improvements in its digital businesses that has seen big jumps in activity since the MCO.

“Our logistics model through Teleport is doing really good. We have permission now to use our passenger planes to carry cargo, which means we are operating almost 60% as a freighter. That is a growing business and we are now trying to look at land logistics to supplement our air logistics and no one can match our network. Teleport is very valuable, he said in the interview.

“We have built a nice e-commerce and food platform business. The thesis of our digital business is that you convert your big database into other products. It is predicated by Big Points, which is now the largest Asean points provider.

“Our digital is split into travel and we are now doing a massive deal with a massive airline and that is going to prove the thesis. It is a global brand and they want to be on AirAsia’s platform to sell their products. Because of Covid, we will catch up with Expedia and the other brands in terms of hotel supply.

“What we built in three months we could never do in normal time. We had three months of doing nothing and that enabled us to rethink our whole digital strategy and build it up and really focus on it. What would have been done in 18 months was done in three months. We didn’t waste the time, ” he said.
08/08/2020 12:17 PM
stockraider Not enough mah...less than 10% of its usual flights mah..!!

AirasiaX will make big losses loh...!

Veli dangerous loh...can bankrupt mah..!!

Just avoid loh...dead duck mah..!!


Posted by greedy44444 > Aug 8, 2020 12:17 PM | Report Abuse

Airlines in Asia have resumed flying and in an interview last month, he said the airline is confident its business will continue to survive, given the efforts already undertaken to raise cash and to cut costs, more importantly to see its cash expenses drop by 50% this year.

With revenue now up and costs being cut, the airline’s cash burn rate will lessen and it is also seeing major improvements in its digital businesses that has seen big jumps in activity since the MCO.

“Our logistics model through Teleport is doing really good. We have permission now to use our passenger planes to carry cargo, which means we are operating almost 60% as a freighter. That is a growing business and we are now trying to look at land logistics to supplement our air logistics and no one can match our network. Teleport is very valuable, he said in the interview.

“We have built a nice e-commerce and food platform business. The thesis of our digital business is that you convert your big database into other products. It is predicated by Big Points, which is now the largest Asean points provider.

“Our digital is split into travel and we are now doing a massive deal with a massive airline and that is going to prove the thesis. It is a global brand and they want to be on AirAsia’s platform to sell their products. Because of Covid, we will catch up with Expedia and the other brands in terms of hotel supply.

“What we built in three months we could never do in normal time. We had three months of doing nothing and that enabled us to rethink our whole digital strategy and build it up and really focus on it. What would have been done in 18 months was done in three months. We didn’t waste the time, ” he said.
08/08/2020 12:20 PM
greedy44444 https://newsroom.airasia.com/news/2020/8/7/tripcom-group-and-airasiacom-announce-strategic-partnership-to-boost-travel-revival-in-china-and-southeast-asia
08/08/2020 9:05 PM
Jeffreyteck Those days without covid also making losses. Now want to recover post covid, great challenge with all the non performing bod and management. Anyway, good for trading as price seems to be low for traders.
09/08/2020 9:04 AM
warchest https://www.thestar.com.my/business/business-news/2020/08/08/airasia-secures-rm1bil-financing
09/08/2020 10:57 AM
sharewiz118 It's a long haul, debt remain intact and it's real, secure loan mean given some room and window to restructure the operation of the company, certainly AA has to focus and perform twice as hard to stay flying/floating. If AA core business able to sustain till vaccine are found where flight operation resume to the norm, probably Tony would sing "I was petrified but i will survive"
09/08/2020 10:19 PM
sharewiz118 i believe in 2nd chance, all the best to AAX, i'm with u
09/08/2020 10:22 PM
greedy44444 TP for this week : 0.10
10/08/2020 8:00 AM
L A i all in,can go back 0.10
10/08/2020 12:02 PM
mc1598 will increase how much then can sell?
10/08/2020 3:05 PM
L A buy again flying
11/08/2020 9:19 AM
Flytothesky2 Company lose money. Get loan not mean earn, some more need to pay high interest.
11/08/2020 4:45 PM
Flytothesky2 Not suggest u buy now. Wait border open, wait vaccine. Wait lower price. 5 cent can buy some. Hold long.
11/08/2020 4:46 PM
Jeffreyteck MAHB: July's passenger traffic surges over threefold.... edge....Trying to massage the message to promote trading. Good.
11/08/2020 5:57 PM
L A now dont buy,sure miss
11/08/2020 6:23 PM
RedEagle Lets call others company around the world for collaboration with local company in the setting up of medical examination gloves operations in Malaysia..easy to push up the share price.. Share piece of cake and get peanut to all glove mask player..
11/08/2020 10:17 PM
$$$ ^v^ GOODLUCK ^v^ $$$ public bank target price 0.01 cent
12/08/2020 5:18 AM
mf AAX 0.01 SELL PUBLIC BANK
12/08/2020 7:21 AM
Jeffreyteck Disappointed analysts (at least in 3 months) as they are based on past fundamentals and also ignore the current market sentiment where trading play is crucial.
12/08/2020 8:17 AM
AK https://www.nst.com.my/world/world/2020/08/615789/putin-russia-has-developed-first-covid-19-vaccine
12/08/2020 8:34 AM
L A Earn already, but now change ( 5242 ) Solid ,like fly high hing
12/08/2020 12:06 PM
greedy44444 Pity those kiasi small fish still waiting to buy AAX at 1 cent or even 3 cents...hahahaha.
12/08/2020 8:35 PM
greedy44444 Today 8 cents next week 10 cents...1 cent maybe 100 years later
13/08/2020 9:35 AM
Superb99 Index up so much bit it dropped 0.5 cent, poor
13/08/2020 11:53 PM
Ryan83 Airasia X no more fundamental since its shareholder equity negative 864 million as of 31st March and losses tis year at least 1.5-2 billion.Needs at least 2 billion rights issue to avoid PN17 status next year
14/08/2020 8:24 AM
Superb99 Ryan83, ya, fundamental wise, AAX and AirAsia are like shit now, just want to hit and run but seems like it does not work for this extremely poor aax....lol
14/08/2020 9:49 AM
Onlineone Seriously!! people still buying? Come on la. Fundamentally this company is problematic.
14/08/2020 11:02 AM
kasrim why run..buy loh!
14/08/2020 3:05 PM
limabel608 Run or stay ?
14/08/2020 11:50 PM