running out of time for a rally today...

operator trying to reduce sellers bid to pancing bilis to makan??? patience guys. wait for a comfortable 0.40 break

hopefully there is a '2 hours' show again...:):):)

need to clear 0.40

but if the operator really want to throw down, surely must be very frustrated now coz nobody queuing to buy!!! wakakakakakaka

cannot simply hentam la bro.. need to wait for confirmation. U have seen last few days, how they push a bit then start dumping.

patience.... looks at the movements. Monitor the volume. Monitor AA shares (can it break 2.60 comfortably with good volume). Looks at the warrants. Some selling pressure in call warrants which can be a bad indication.
Caution needed but at the same time, prepare urself for an entry point if there is indeed a rally coming up

just be extra careful guys, only a break above 0.40 will give a strong indication of a rally.

u r right.. very difficult to "force" people to buy now.. too many fear factor ready. If they really wanted unload, they should have pushed the price up early this week n cause people to rally looking forward for the good QR. Would have been easier for the operator to unload

difficult to get the confident that 0.39 will hold up!!! too many push down for the whole week

who is going to blink first... buyers r sellers:):)

however, the overall market sentiment is very bad. So expecting a further drop in market today

tq all for sharing info. No one need to leave the forum for sharing their opinion. All have valid points to be discussed. When I bought AAX, i did some research on the USD/RM fluctuation n compared with their past QRs. A brief comparison:-
1) Q4-2014 - Forex lost of 157.5m (RM was about 3.30 - 3.50/1USD) Total borrowing in USD approx 1.5b
2) Q4-2015 - Forex gain of 57.1m (RM was about 4.20-4.35/1USD) Total borrowing in USD approx 1.43b

n from the last QR
3) Q2-2016 - Forex lost of 30.7m ( RM was about 3.90 -4.10/1USD). Total borrowing in USD approx 1.1b

so from what i see. there are some sort of hedging being done to reduce the risk. I am no expert in hedging so i do not know the details.
But from the little knowledge that I have, I can see the the AAX management is doing their best to manage the risk plus they r reducing the debts quite aggressively.
But marketplace is a totally different matter all together. Panic buying n panic selling will make all these QRs and Fundamentals mean less.
FF and IB may change their strategies which will definitely affect the price movements.
So it all comes down to our own valuation of the stock. How much do u value the stock?

damn it... didnt see that coming!! should have waited till 4.45pm

well... i believe if they want to rally, they better start soon rather than waiting for the results. They might end up not enough buyers to offload all their shares..

not sure... but i took some at 0.39. Lets hope for the best

wonder why they dont want to park huge volume at 0.39? afraid someone will come n sapu all??

i think they r done with AAX.. doing the final accumulation in AA now. Hope so

careful @jayalbert.. seen this move so many times

not only the volume of Q at 0.385 n 0.38 that hints me that the drop going to happen soon but also the number of orders placed. Typical typical syndicate move

wait... they r slowly start to dump at 0.385

dont get too upset @steven20. I bought believing the company worth at least 0.50 n i still do.. let the fundamental of the company prevail

my average is 0.40. will only buy if drops to 0.38. Maybe there is a late sell down like yesterday.

waiting at 0.38. The Q is certainly fake

since when MrPauper became MrPouper??? pathetic

typical pattern to drop the price..

yes i agree @MrPauper. If they r following the discussion, they will definitely realize that many waiting for the drop to 0.38 below to buy some more

plus interestingly, not many AAX CV available to buy. I wonder why...

dont buy yet.. need further confirmation. Or maybe buy a bit just in case a sudden surge like before last QR

just monitor the volume guys.. again, they r actually not selling!!!

i m extremely greedy now.. i might get it absolutely wrong but its a risk worth taking!!!

dont lose hope guys.. remember why u bought at the 1st place. If just because speculative, then look at cutting loss n reduce risk. But if its for fundamental, 0.38 will be really really good buy

drop it some more guys!!! i m waiting

monitor the volume, they r not really selling!!! just pulling their bids and causing panic

the only positive thing is that they r going for the kill early in the session.. created panic during closing yesterday n now continue during the morning session..
something really big is coming... fingers crossed

the support at 0.38 looks artificial too. they r really going for the kill

everyone knows by now, its going to drop.. the support buy is artificial. So all bilis, dont buy yet, let it drop some more

looks like the same play as yesterday. Drop anytime. Dont panic. look at ur strategies.

http://centreforaviation.com/news/airasia-x-to-add-seven-or-eight-destinations-in-china-in-five-years-616152

yes, those waiting to accumulate, wait a bit more

a chart will not really help in a 'controlled' stock @char1234
coz according to the chart, 5 trading days ago, the trade should have been a strong bullish buy but we saw what happened.
Same goes for today, it indicates a weakness n a possible drop but will it really drop? plus if drops to say 0.37-0.39, dont u think its really really good for accumulation again for big funds?
Btw, no one here is absolutely right or wrong, so we just have to watch the market and follow our trading strategies.
All the best for today's trading guys

ok i need to be honest. Never really expected it to drop so low..

wow... they r really cruel:):)

i agree... do ur homework n invest. If u get it wrong, learn from it.

today looks like "the" day!!!

people have to stop thinking that AAX is a pump n dump stock. It is NOT. Its a really good fundamental stock which showing a lot of good turnaround n future prospect.
a potential 100m profit QR which stock priced less than 50c, is certainly a value investment.
Lets grow together with AAX

i m optimistic becoz i have been following AAX for last 6 months. Seen the trend and followed all their news and progress
I m sure many here would have followed even longer

have we seen the last of 0.06 for aax cv? time to fly???

looks like they r accumulating AA today. I believe its the last round of accumulation.

fireworks will start when least expected