AN7889

AN7889 | Joined since 2023-07-17

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2 months ago | Report Abuse

Dear Mattdavid, still can rebound?

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2 months ago | Report Abuse

Dear Calvin, KPS is good to buy or otherwise?

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2023-10-19 09:20 | Report Abuse

morning guys, Kim, youngman, I AM WAITING!!

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2023-10-17 18:38 | Report Abuse

by The Edge
Anticipation builds for divestment of Capital A’s aviation business; analysts expect valuation of below RM5 bil
GOOD NEWS or BAD NEWS??

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2023-08-02 19:27 | Report Abuse

GOOD THINGS TAKE TIME!!

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2023-08-02 19:25 | Report Abuse

1. One criterion to meet is that the listed issuer’s shareholders’ equity must be more than RM40 million. AAX (2.26 -0.090)s’s shareholders’ equity turned positive in the first quarter ended March 31, 2023, toRM40.76million, from a negativeRM599.9million in the preceding quarter. It recently raised RM50 million through a private placement of shares, which will bump up the shareholders’ equity to RM90 million.”

2. now recorded three consecutive quarters of positive results up to the quarter ended March 31, 2023. Thanks to a restructuring of debts, which saw it write RM33 billion of liabilities and provisions for liabilities back to profits, and the recovery of demand in the region, the airline posted a net profit of RM328 million in 1QFY2023, up fromRM153.48million in 4Q2022 andRM25.09million in 3Q2022. As at end-March 2023, AAX (2.26 -0.090)s’s cash and equivalents stood atRM192.37million.

3. latest balance sheet data shows that AAX (2.26 -0.090)s’s net current liabilities for 1QFY2023 wereRM35.71million, albeit significantly narrower than the preceding quarter’sRM657.32million. It remains to be seen whether the airline’s total current assets will finally exceed total current liabilities in 2QFY2023. It is worth noting that its independent auditor had highlighted the airline’s net current liabilities position as at end-June 2021 in the basis for disclaimer of opinion report. AAX (2.26 -0.090)s is due to release its 2QFY2023 financial results in August.
TAYOR!!

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2023-08-02 19:23 | Report Abuse

AirAsia X ready to exit PN17 status, say sources
Jul 24th by The Edge
READYY!!SET!!GOO!!

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