Going down fast now!

Another extension means 'price drop' by this week.

Seems like bad news on the way.

joyvest and pang72 You guys are amazing!

Somebody sold at big volume at RM 1.69. Should be downtrend in the afternoon.

Very low volume now...

Let's hope that the afternoon session to be better.

Share price is reversing... going downhill now...

I wish it'd go up.

AAX business is very good but it does not mean the share price will go up. Very likely will go down because no more exciting news.

All the best to everybody here.

Nothing much to expect anymore.

I hope the price will go up but I don't think so. Most people will sell on news.

The problem is most are mere gamblers. No intention to keep it for long. Hit and run. That's why it didn't go up today.

With PN 17 lifted, most people would be of the opinion that there is no more reason to buy AAX anymore.

All good news but share price does not go up.

Hahaha!

Let's hope so.

Going down now.

If that happens then it will go down a lot these two weeks.

Yep. Likely another application for extension of time until end October.

Hopefully, no more PN 17 extension for AAX.

pang72

PE 2.5 is still extremely low. Check out Cathay Pacific and JAL. PE 18 to PE 28.

After lifting from PN 17, logically AAX should be above RM 3 because institutional investors can buy and shareholders can get margin financing. Above all, AAX is almost debt free and has cash of almost RM 200 million. PE ratio is amazingly low too.

Subscribe to The Edge Weekly online. It's probably the most reliable business media in Malaysia.

Very good news! The Edge Weekly just commented that AAX should be RM 11.60 to RM 12 based price earning ratio.