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| 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
| Latest Audited Result: 31-Dec-2019
| Latest Quarter: 31-Mar-2020 [#1]
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Annual (Unaudited) ( EPS: -11.80, P/E: -0.59 )
| T4Q Result ( EPS: -26.10, P/E: -0.27 )
| Annualized Result ( EPS: -53.01, P/E: -0.13 )
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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.
 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 AK https://www.theedgemarkets.com/article/airasia-flights-have-multiplier-effect-malaysia-economy-%E2%80%94-rafidah-aziz 06/08/2020 5:09 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 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 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 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 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 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 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 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  |
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