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2023-08-30 17:33 | Report Abuse
QR positive ... hope this is a good start ...
2023-08-30 09:48 | Report Abuse
2023-08-28 17:40 | Report Abuse
The only positive signs of this QR is cash on hand increased from 192m to 268m , and shareholder equity from 40m to 90m.. the rest .. hope Q3 average fares hike will help ..
2023-08-28 17:18 | Report Abuse
shareholder equity is 96m now , so meeting the upliftment criteria ...
2023-08-28 17:16 | Report Abuse
The average fare drop .. RM 232 difference between Q1 and Q2 .. news said Q3 price is higher ..
2023-08-28 09:04 | Report Abuse
As long as they deliver good QR , upliftment is not an issue at all ..
2023-08-23 17:16 | Report Abuse
Who knows they may change this round ?? may be they will issue bonus share if the QR is good ..hope for the best ..
2023-08-22 13:30 | Report Abuse
share price of AAX has at least 3 opportunities to grow , 1. good QR , 2. PN17 upliftment , 3. Recognize Thailand AAX profit .. hope all the best coming along the way ...
2023-08-22 08:30 | Report Abuse
https://www.enanyang.my/%E8%A8%80%E8%AE%BA/%E8%82%A1%E5%B8%82%E8%B7%91%E5%9C%A8%E5%AE%9E%E4%BD%93%E7%BB%8F%E6%B5%8E%E5%89%8D%E5%A4%B4%E9%BB%84%E6%98%A5%E6%A2%85
This is good article , too bad , I can't translate it , the key message is , invest in the "resilient company" only as they can weather the storm and emerge becoming stronger company .. Uzma, Dialog ,AAX is one of good example ...
2023-08-18 16:47 | Report Abuse
China has billions of people , still have people can afford to travel even during the economic downturn , on top of that , they are more willing to chose cheaper airline since they need to cut down the budget ,hence, AAX is a good fit for them ...
2023-08-18 12:59 | Report Abuse
I believe so , SC did not reject the application and just need more data to review and make final decision .. if the next QR is good then AAX stand a good chance to get lifted in Sept ..
2023-08-17 15:38 | Report Abuse
I just checked the Seacera who just got lifted the PN17 yesterday , they submitted the waiver of RP plan on 20th April and they got the approval on 16th Aug , it took SC almost 4 months to approve this ..
2023-08-17 15:25 | Report Abuse
Nylex , Serbak and Awantec may be delisted due to the restructure plan not ready before the due date , they all submitted the extension request around the same time that AAX did , seems like AAX is safe as of now , I hope that means AAX will be granted the waiver for RP and upliftment of PN17 .. then fly ....
2023-08-14 09:52 | Report Abuse
https://klse.i3investor.com/web/blog/detail/savemalaysia/2023-08-14-story-h-242846152-Malaysia_based_airlines_to_start_flying_to_Central_Asia
Plan for more route .. expansion is on the way ...
2023-08-10 09:25 | Report Abuse
Anybody know when the QR will be released ??
2023-08-09 15:15 | Report Abuse
Ha.. I really wish AAX is capable of saving Capital A , that means AAX may give bonus to shareholders ... anyway , daydreaming only , just wish dreams comes true ...
2023-08-09 15:03 | Report Abuse
Theoretically AAX already out of the wood , no reason for SC to continue holding their PN17 status ....so just need to wait for the final verdict which should be one or two weeks away ..
2023-08-08 11:45 | Report Abuse
Bursa has no reason to reject the application if AAX comply to all the terms and condition , I believe another positive QR will help them to make the decision easier , hence, not sure if they want to wait for this coming QR then only finalize the upliftment ...
2023-08-04 12:17 | Report Abuse
Agree , as long as no big surprise (like big amount of one time charges or forex exchange loss) , the QR should be good ..
2023-08-04 09:15 | Report Abuse
In two to three weeks time , when PN17 status and QR released , we will know what we are betting is correct or not .. lets hope AAX can be another Genetec , that would be wonderful .. that is possible if they can maintain the EPS 50 sens ( 220millions profit ) consistently ..
2023-08-03 17:52 | Report Abuse
Last QR report , the average fuel cost is USD 116/barrel , and yet they make 112 millions of profit (after deduct the one off gain 215 millions ) , so , what is the profit they will make for the oil price of USD 85 ?? That actually is one of the reason why I believe they will make more money in this coming QR as the fuel price has gone down a lot in past few months ....
2023-08-03 14:29 | Report Abuse
https://www.thestar.com.my/business/business-news/2023/08/03/lufthansa-sees-high-demand-in-h2-after-q2-profit-jump
Another air line company report better earning .. Aviation industry is flying ...
2023-08-03 14:02 | Report Abuse
https://www.reuters.com/business/aerospace-defense/airasia-x-restructuring-plan-backed-by-first-group-creditors-2021-11-12/
found this article , it explains well how AAX's debt is being restructured , for those who are interested may take a look ...
found this
2023-08-02 13:18 | Report Abuse
It is pending not extension , company or Bursa shall provide more details for investor to know what is the cause of pending .... and it is not rejection either , so, seems like Bursa need more info from company to decide...
2023-08-02 10:33 | Report Abuse
Wait for QR .. QR good , share price up , QR bad , share price down .. news can spur the price but will not sustain , only good fundamental will keep up the price .. AAX now enjoying lower cost and carry very least burden , no reason to have bad performance unless they still have bad debt/investment hiding somewhere that we don't know ..
2023-07-31 11:42 | Report Abuse
More flight route added in end of Q3 , that means Q3 business is good and Q4 will be even better , as long as ticket cost can be sustained , the higher revenue and profit is almost guarantee , and that is what Maybank IB predicted as well ..
2023-07-31 09:23 | Report Abuse
If QR is good , then time to collect cheap ticket is now or never, in contrary , then the time to collect cheap ticket can be very long , may be until next Nov QR released .. basically , healthy fundamental is still the crucial element to propel share price to higher and higher .. lets hope for the best , and wish AAX can go up to RM 10 ..
2023-07-31 08:24 | Report Abuse
Once the QR data released , everything shall be cleared by the time , lets the data speak by itself ..
2023-07-30 15:31 | Report Abuse
https://www.klsescreener.com/v2/news/view/1182395/%E9%A9%AC%E9%93%B6%E8%A1%8C%E7%82%B9%E8%AF%84%E4%B8%8B%E5%8D%8A%E5%B9%B4%E7%AD%96%E7%95%A5-4%E5%A4%A7%E9%A2%86%E5%9F%9F%E5%80%BC%E5%BE%97%E5%85%B3%E6%B3%A8
Maybank is very optimistic about aviation industry and AAX shall be benefited from this trend ..
2023-07-28 10:46 | Report Abuse
The fundamental of AAX is very different than before pandemic time , previously , they carry very high debt , if you look at the previous QR like 2019 Q4 , the depreciation cost is 241m and Finance cost (mainly interest paid to loan) was 100m , however , the last QR , the depreciation cost is 35m and Finance cost is 18m , the difference is 288m , that means these two items alone already have huge saving..
the fundamental of AAX and Serba is nowhere in same category , how to compare ??
2023-07-27 16:34 | Report Abuse
https://www.klsescreener.com/v2/news/view/1181573/%E4%BA%9A%E8%88%AA%E9%95%BF%E7%A8%8B%E6%B5%B4%E7%81%AB%E9%87%8D%E7%94%9F-rm3-58%E7%9B%AE%E6%A0%87%E4%BB%B7%E6%83%8A%E4%BA%BA
According to this report , the profit from their subsidiary , Thailand Air Asia is yet to be included due to some regulation issue , once they clear the path , that means the profit of AAX will be increased quite significantly as well . I just went to AAV (Thailand listed company , joint venture with AAX ) website to check , AAV also reported positive earning in last two quarters , so should another good news ...
2023-07-27 09:49 | Report Abuse
https://www.klsescreener.com/v2/news/view/1181361/%E4%BA%9A%E8%88%AA%E9%95%BF%E7%A8%8B%E5%B7%B2%E9%87%8D%E7%94%9F-%E9%A9%AC%E9%93%B6%E8%A1%8C%E6%8A%95%E8%A1%8C-%E8%82%A1%E4%BB%B7%E6%9C%89%E6%9C%9B%E7%BF%BB%E5%80%8D
Maybank TP is 3.58 , hope this will come true .. finally , IB start to review this counter again ...
2023-07-27 09:01 | Report Abuse
RM 50 million cannot last for one quarter even just for maintenance , ha.. so , that is not the real reason for the fund raising ..
2023-07-26 16:46 | Report Abuse
https://www.klsescreener.com/v2/news/view/1180985/airasia-x-s-seat-capacity-surges-in-2q-2023
English version ..
100k more passengers which could translate to additional RM 70millions of revenue (assume the average fair is RM 700 ,last q is RM 785) ..
2023-07-26 15:47 | Report Abuse
I saw this report , but can not find from Bursa portal , so, seems like is company release info to press media .. good news is customer is more than previous quarter , Q1 is 504K and Q2 is 620K and traditionally Q2 is their low season , that means we can hope for even better numbers in Q3 ... now is waiting for official QR release , just hope not more one time charges ...pray hard ...
2023-07-26 09:56 | Report Abuse
https://www.nst.com.my/business/2022/03/780622/airasia-x-announces-final-completion-its-debt-restructuring
I thought AAX already completed the RP on their debt and share consolidation , and now they are cash flow also back on track , all these is not considered as RP ?? anyway , so many guessing game here , as small investor , no where we can get the latest insight info , we can only either give up or wait .. if the next QR result is positive and EPS more than 20sens (without reimbursement ) then it could be a big jump in share price ..lets hope for the best ...
2023-07-26 08:32 | Report Abuse
Air ticket is still at high side due to limitation of flight schedule , that means they can enjoy higher profit for quite some time .. that should benefit AAX as well , hope to see a good QR next month ..
2023-07-21 13:49 | Report Abuse
The fundamental of AAX is very different than before pandemic time , previously , they carry very high debt , if you look at the previous QR like 2019 Q4 , the depreciation cost is 241m and Finance cost (mainly interest paid to loan) was 100m , however , the last QR , the depreciation cost is 35m and Finance cost is 18m , the difference is 288m , that means these two items alone already have huge saving .. on top of that , the oil price is lower in these two quarter , and the ticket fare is still at high side compare with 3 years ago , all these factors is really in favor of AAX now .. hope the new QR can validate what I observed , and EPS can be easily more than 20sens .. how many company in Bursa have EPS more than 20 sens ??
2023-07-21 08:39 | Report Abuse
The reason why AAX fell into PN17 was mainly due to shareholder's equity less than 40Millions , and based on Edge report , they should have at least 90millions up to end March , if they apply the upliftment now based on their financial performance , it means the coming QR should be at least sustain the shareholder equity to avoid another PN17 again , not sure if we can use this to assume the coming QR should be good as well ..
2023-07-20 20:13 | Report Abuse
Let’s see , shouldn’t take long to know the result
2023-07-20 19:54 | Report Abuse
If I read correctly, they actually submitted two letters to Bursa , first one is to apply to lift the pn17 status , if in the event of reject by Bursa , then the second letter is to apply the extension.. so , if Bursa approve the application then the second letter shall be void ..
2023-07-20 17:17 | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3370254
Finally , they submitted the application to Bursa for the upliftment of PN17 , subject to the approval from Bursa now ..
2023-07-19 13:55 | Report Abuse
AAX is still carry 1.2B of debt , compared with a year ago , it was 6.7B , so , they are in better position now , the key things is if they can maintain the profit more than 200miliions per quarter , that will help them to prove that they have solid business and plans to make profit .
2023-07-18 14:51 | Report Abuse
In previous QR , they use 455K of fuel with average cost of USD116/barrel , and the Brent crude cost in April till June is range from 70++ to 80++ , that means . they shall have big saving from the downtrend of oil price as well , lets see the next month result ..
2023-07-18 14:34 | Report Abuse
China economic is slowing down for sure , so they may look for cheaper airline when they want to have oversea trip , AAX could be a good choice for them if they want to come to Malaysia , hence, AAX could be in a niche market position now and benefit from current trend ...
2023-07-18 08:52 | Report Abuse
https://www.businesstraveller.com/business-travel/2023/07/17/airasia-confident-about-china-demand/
With these new added route , shall bring more profit to the group ..
Stock: [MNHLDG]: MN HOLDINGS BERHAD
2023-09-01 08:33 | Report Abuse
hope management can win more Data center and RE contract , that definitely will help to boost the share price ..