The information posted in this Forum is for information purposes only. Under no circumstances shall it be construed as an offer/solicitation or recommendation to buy/sell any stocks .I accept NO responsibility or liability for loss or damage that may arise from the reliance of this information.
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2023-06-26 10:55 | Report Abuse
Output yield is unpredictable. Whenever the output yield was not reachable in QR , Ex-CEO used to claim that the excavation was not done " deep" enough to unearth the gold underneath. How deep is deep ? No matter how deep is excavated , no gold means no gold but fool's gold.... Hence, how can it be sustainable in the long run ? Basically, it is destined to be doomed unless outsource of gold is injected like the non-existence of 100kg of gold.... still remains as a mystery as at to date......
2023-06-26 09:38 | Report Abuse
unprofitable and hence unstainable
2023-06-24 17:43 | Report Abuse
No matter what is said, the fact remains meaning bahvest is a just lessee of the gold mine and the factory. The right to lease the gold mine and land where the factory is erected rests with the lessor despite that bahvest possesses the mining license.
2023-06-24 12:48 | Report Abuse
You are soulless when it reaches 30c in your fantasy.....
2023-06-24 11:43 | Report Abuse
As said earlier, most of the corporate figures in Sabah are said to be embedded with the feudalistic culture. DL is of no exception where he is protected with a formidable force from behind .Thats why he has been untouchable for all these years. He is still holding the Thumb card and the game is not over yet.
2023-06-24 11:33 | Report Abuse
You can lose your body but dont lose your soul. Your body can be decomposed but not your soul . Those who are still holding on are diehards if not daredevils. The longer you keep your mustache, the stronger you are like Samson....
2023-06-24 11:27 | Report Abuse
PN17 in AAX would have been lifted long ago had it not been impacted by the plight of Cap A.
2023-06-24 11:24 | Report Abuse
without the financial assistance from AAX one way or the other , Cap A is dead meat
2023-06-24 11:18 | Report Abuse
Mind you , the deadline to reach consensus will be in July otherwise lawsuit will be proceeded without further reference. The Key person behind Southsea is not DL but the " big gun".
2023-06-24 10:52 | Report Abuse
Cap A is in need of AXX to bail them out with the issuance of substantial shares of AAX which will receive backlash from the shareholders of AAX
2023-06-24 10:51 | Report Abuse
Nope, Cap A 's NTA is negative while AAX is not. Hence AXX 's position is heathier than that of Cap A . As said, Cap A's total Debt is RM 17.8b and NTA is -RM9b
2023-06-24 10:46 | Report Abuse
FL and party have claimed that that they are still in the process of negotiation with DL and party for the settlement of the trespassing issue and other issues. However, it is believed that their initial negotiation ended up without any progress. It is said that FL and party have pressed for reduction and time extension but DL and party have rejected outright and the nego has reached " stalemate " in the interim. It is expected that further rounds of negotiation are underway but so far no schedules are forwarded.
Judging from the situation, DL and party are adamant for their demand while FL and party dont seem to give in. Who was in the wrong first, FL or DL ? So far ,there is no signs of reconciliations but loggerheads are expected to continue at the detriment of the interest of investors. Most investors have already sidelined this counter hence the uptrend is unlikely to happen for a while.
2023-06-24 07:24 | Report Abuse
Do You really think you can dictate the market as you wish?
2023-06-23 22:55 | Report Abuse
Then those buy at 0.20 would get stuck
2023-06-23 22:20 | Report Abuse
This counter is believed to be untouchable following inno has become the most significant investor. Why? It is because inno is a security firm which can detect every movement of every investor to their advantage in the market. It is believed that the sudden plummet was their making.it is believed that this won't be the last but just a beginning.
2023-06-23 17:10 | Report Abuse
This counter is expected to be in hibernation for a long long time not even the new management could turn it around. Thats why the total shareholding of the new management is maintained at 10% which is at the comfortable level to exit any time . If they were so confident of this company, they would have increased their shareholdings to more than 50%......
2023-06-23 16:57 | Report Abuse
Gathered from the way it goes, the cheapest has yet to come......
2023-06-23 16:54 | Report Abuse
it is expected that the company will set to report a huge operating loss including the payment of balance of compensation of RM 7 m +++ ( 20m- 13m ( already paid and reported in previous QR ) in the upcoming QR.
2023-06-23 15:55 | Report Abuse
not necessarily the lowest trend to be 0.175 .... it could go lower than that ....
2023-06-23 15:39 | Report Abuse
No active participation of retail investors except Inno who is trading themselves. Thats why i say it is unstainable....
2023-06-23 15:37 | Report Abuse
The cheapest has yet to come and penny stock is imminent
2023-06-23 15:36 | Report Abuse
The deadline 90 days is due soon. No sign of progress on the negotiation process. It is believed that DL is not prepared to nego but to proceed with the lawsuit to compel the company to vacate the trespassed land
2023-06-23 15:34 | Report Abuse
Your indiscriminate averaging is larger than your loss .....
2023-06-22 11:03 | Report Abuse
Someone wanna make you sell at 0.250 during T2 and otherwise...
2023-06-22 10:52 | Report Abuse
To my observation, this counter doesnt intrigue other investors including retailers anymore.
Basically , it is believed that the recent momentums have been merely motivated by innosabah only but there is no enough without the active participation of other investors. Furthermore, the output yield of Gold is uncertain from one QR to another QR coupled with other impending legal issues, the prospects of the company is doubtful and bleak in the interim unless you are prepared to hold for donkey years. But then, there would be loss of opportunities for you.....
2023-06-21 16:01 | Report Abuse
There is no problem for AXX to settle its own debts, hence no problem for AXX to get out of PN17. The only teethy problem is its sister company , Capital A with massive debts of RM 17.8b and Negative NTA of RM -9b. In order to get CapA out of PN17, it is impossible for CA to save themselves on their own and the financial assistance must come from AAX as well
As said, to zerosize -NTA of RM 9b, AAX must at least come with half of RM 9b, ie RM 4.5b. With 4.5b, AAX must issue 2.5b shares( assuming at RM 1.80 ) , seriously ballooning the existing share capital base of 414m shares to almost 3b shares. This move shall certainly face the backlash from the existing shareholders of AA
2023-06-21 13:21 | Report Abuse
No speculation but from your sound sense of judgement based on the facts surrounding the company
2023-06-21 10:49 | Report Abuse
The Market is forward looking. The share prices are changing in response to the news be it negative or positive news, but certainly not stale news. All the news ( be it negative or positive ) mentioned by you earlier was already past which had been duly reflected in the past . Such stale news does not impact the current share price.
2023-06-21 10:29 | Report Abuse
Before the regularisation plans will be submitted to SC , they ( the said RP ) must be approved by the shareholders otherwise they will be back to the drawing board....Back to square one.
2023-06-21 10:25 | Report Abuse
WTH is going on? No sign of going up but down ?
2023-06-21 08:14 | Report Abuse
The current share price now has long been reflected of that piece of stale news.No big deal
2023-06-20 12:50 | Report Abuse
Illusionary and unsustainable.
2023-06-20 11:04 | Report Abuse
None of the above directors mentioned by you do exist.
None of the following existing directors have disposed of their shares
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Phan Yih Lim Chief Executive Officer & Managing Director.
Seen Choon Chin Chief Operating Officer.
Shook Ling Chan CFO, Co-Secretary & Executive Director.
Chee Hoong Chia Independent Non-Executive Chairman 45 2015
Chan Khiang Leow Independent Non-Executive Director 56 2015
Teng Lum Low Senior Independent Non-Executive Director 68 2015
Chong Shyh Lim Senior Executive
2023-06-20 10:17 | Report Abuse
You may recall that Apple lost another case as regards to trademark fight over 'iPhone' name in China where is a firm which sells handbags and other leather goods can continue to use the name "IPHONE".
Do you really believe that Apple is so sizable that they can detect the terms to their wish despite of their faults/wrongdoings? Law is law, no one is above the law and Apple is of no exception.
2023-06-20 10:11 | Report Abuse
Apple and Samsung had been embroiled in litigation over their respective intellectual
property for almost ten years, seeking nine figure dollars in damages and injunctions. Eventually, Apple and Samsung resort to settlement out of court
2023-06-20 10:08 | Report Abuse
You may recall that Apple lost first patent case against Ericsson where the Mannheim Regional Court rejected Apple's first offensive patent complaint in San Jose of Germany in 2014.
2023-06-20 10:05 | Report Abuse
you may recall some time ago when Apple sued Microsoft for stealing its work. In the end, it was ruled that the existing license between Apple and Microsoft covered certain interface elements for the new Windows as a result of which Apple lost the case
2023-06-20 09:30 | Report Abuse
I am already on board the flight flying to the moon very soon . Have you booked your ticket yet ?
2023-06-20 09:28 | Report Abuse
This counter is believed to be in hibernation for a long long time. To my observation , no No supports from other investors except for the existing investors Innosabah who has been trying hard to push up but of no avail.....
2023-06-20 09:21 | Report Abuse
Settlement out of court is expected
2023-06-20 09:17 | Report Abuse
its oversold position due to panicky sale off and rebounding is imminent
2023-06-19 15:52 | Report Abuse
I am a non-confrontational person. If i order salmon and I get chicken , I am going to eat the chicken.
2023-06-19 15:46 | Report Abuse
chicken Chop or BKT using chicken heads?
2023-06-19 12:18 | Report Abuse
who has infringed whose patent here ? Counter claim is out of the question here.
2023-06-19 11:39 | Report Abuse
If Apple is so confident to win the case, they would not have sought for postponement.
Stock: [AAX]: AIRASIA X BERHAD
2023-06-26 20:01 | Report Abuse
Investors are deeply concerned about how the massive debts are o be salvaged by shareholders of AAX,who might oppose to the regularisation plans....