hope management can win more Data center and RE contract , that definitely will help to boost the share price ..

QR positive ... hope this is a good start ...

https://klse.i3investor.com/web/blog/detail/muze/2023-08-30-story-h-241089384-Malaysia_to_invest_RM13b_by_2040_to_improve_energy_efficiency

will this benefit MNHLDG ??

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 ..

shareholder equity is 96m now , so meeting the upliftment criteria ...

The average fare drop .. RM 232 difference between Q1 and Q2 .. news said Q3 price is higher ..

As long as they deliver good QR , upliftment is not an issue at all ..

Who knows they may change this round ?? may be they will issue bonus share if the QR is good ..hope for the best ..

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 ...

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 ...

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 ...

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 ..

hope for the best ..

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 ..

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 ....

Hope QR can be released soon ...

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 ...

Anybody know when the QR will be released ??

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 ...

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 ..

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 ...

Agree , as long as no big surprise (like big amount of one time charges or forex exchange loss) , the QR should be good ..

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 ..

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 ....

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 ...

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

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...

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 ..

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 ..

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 ..

Once the QR data released , everything shall be cleared by the time , lets the data speak by itself ..

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 ..

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 ??

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 ...

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 ...

RM 50 million cannot last for one quarter even just for maintenance , ha.. so , that is not the real reason for the fund raising ..

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) ..

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 ...

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 ...

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 ..

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 ??

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 ..

Let’s see , shouldn’t take long to know the result

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 ..

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 ..

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 .

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 ..

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 ...

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 ..

https://www.klsescreener.com/v2/news/view/1177177/%E9%A9%AC%E4%B8%AD%E8%88%AA%E7%BA%BF%E5%8F%8D%E5%BA%94%E7%83%AD%E7%83%88-%E4%BA%9A%E8%88%AAx%E8%82%A1%E4%BB%B7%E6%B6%A8%E8%BF%919