This might be the Plan B for Tony.

Maybe Tony will court Khazanah to do a backdoor listing for MAS using AAX. This will jack-up the value of AAX further before move to the stage of getting CapA into the picture.

It is also a good time for Khazanah to unload their responsibility holding MAS forever.

is it stated anywhere that aax have to submit a plan with Cap A together ?

A plan is just a plan. How big or how small the plan is not defined by bursa. Bursa just monitor your given plan to ensure you are not skidded back to PN17 in certain defined period. As i mentioned aax technically is out of pn17. Therefore, it already met bursa requirement.

CapA death or alive depend on AAX but not the otherway.

AAX still come out a plan without Cap A. There is no rule that their plan have to tie-up to Cap A
A plan is just a plan. Nothing special.
AAX already technically out of pn17 and strong balance sheet.

no need to acquire cap a is good news for aax.

At this juncture, both Bursa and AAX have not revealed the reason behind the rejection. As it stands, AAX seems to have fulfilled the requirements to be lifted from the financial distressed category having proved itself to be profitable over the last four consecutive quarters, and recording a positive shareholders’ equity of RM96.13 million, which exceeded its share capital of RM51.03 million and a cash balance of RM268.96 million as at end-June 2023. 

Write non stop so many times about the scammer theory. Write one time enough lah. Like want to get attention only that he is very expert.

Karmas always bite backs. Don't simply said with ill intention

aax is now debt free lah. what solvency test u talking about

pls keep your story under your pillow and sleep on it

enough lah lurker. whatever your story about aax will fly up again.

but his theory never been validated one. means cannot pakai

lurker got no ending theory. his theory come out when price come down and not up

the real story is ....... cheng cheng cheng

lurker: dont come out with this declaration story lah. Laugh die me lah. let me tell u the real story

the most solan story is from bursa . reject although technically aax is out from pn17. maybe they also want to goreng few times aax.

all sinkalan, fortune teller come out with their own story when price go down.

some grandmother story again
price go up the time, never heard this story

when go down, many fake story come out.

next quarter result very good.
thai aax contribute earning.

no need to scared one.
this company zero debt
no way bursa won't give green light end of the day.
bursa only wayang only to show they are working.

i have catch many falling parang in aax. But it still make me untung a lot every time recover. I never fall trap on those sour grape.

dont simply sell. Later got good news and limit up, you will regret.
Game is not over yet.

buy. don't miss the chance

this hot bull really hot one. No need to rest. Can break 96 cents this time.

epf buying. Probably they hope for durian runtuh.

but no worry, Beijing will save country garden. Too big to fail.
China and msia got many business dealing. They won't let Country Garden to fail.

country garden is the developer of forest city in johor.
forest city is 40% own by our next King , Sultan Johor. Once their debt issue has been overcome, then the property development in Johor is safe. With the govt continue promote Johor for development, then UEMS will shine.

uems starting to bull soon

https://www.thestar.com.my/business/business-news/2023/10/09/country-garden-could-announce-offshore-debt-restructure-plan-soon--cailianshe

reaching my target price 50 cent soon.

ya something Big is coming
maybe
(1) CEO is retiring
(2) kossan brothers, uncle, cucu , cicit, girlfriend, mistress...start selling in the open market
(3) fighting among the brothers as family business sure got problem


conclusion: Sell

thank you seller. Give me chance to buy more at lower price.

good to buy

Sime will offer to buy mbmr at similar price to umw

Perodua listing coming . Mbmr another round of special dividend

Monday MBMR rocket up to 5.00
Weekly edge reported MBMR restructuring soon to list Perodua

Sultan of Johor says he's ready for national duties

https://theedgemalaysia.com/node/683526

UEMS superbull run

76 sen coming

Buy and hold UEMS when is cheap.
So many good news coming to Johor.

HSR coming to Johor. UEMS good prospect
https://theedgemalaysia.com/node/682365

Vincent Tan received many accusation from Sanusi MB of Kedah.
Don't think he is ready on HSR with such rumours

con man

yahoo.... top glove vroommmmmm limit up

thanks nutsuko

sorry, nutsuko

can you translate to japanese ? i don't know mandarin

sorry, nutsuko

can you translate to japanese ? i don't know mandarin

sorry, nutsuko

can you translate to japanese ? i don't know mandarin

sorry, nutsuko

can you translate to japanese ? i don't know mandarin

don't worry. Just buy if go down.
Long-term stock. Invest and hold.

https://www.youtube.com/watch?v=MotOVGONyQk

Thai AAX To Provide Large Earning Boost
By Editor -September 4, 2023

Maybank IB has maintained a buy call on AirAsia X Thailand with a higher TP of MYR3.56 as the investment house expects the 49%-owned AAX to contribute sizeable earnings going forward thanks to its recently concluded debt rehabilitation.

The fare environment in Thailand is more favourable than in Malaysia and Maybank IB expects it to remain as such in the near term. It has also raised the 2023, 2024, and 2045 core net profit forecast by 7%/47%/41% and migrated its valuation basis to 6x CY24E PER from 10x CY23E PER while the next catalyst will be the upliftment of PN17 status.
On 31 August, the airline announced that the Central Bankruptcy Court of Thailand had approved its business rehabilitation plan. This means that creditors will take a haircut on the amount owed to them by TAAX. Unlike MAAX, TAAX will not have to share profits with creditors going forward. Recall that AAX stated that it expects to recognise its share of the debt settlement and waiver of debts pursuant to the debt rehabilitation amounting to c.MYR300m.

More importantly, the debt rehabilitation means that AAX will equity account for its share of TAAX net profits going forward. This is significant because TAAX has never contributed profits to AAX since commencing operations in 2013. Note that for 6M23, TAAX generated a core net profit of MYR98.8m which was much higher than AAX 6M23 core net profit of MYR8.7m (which was, in turn, entirely derived from MAAX) due to high unit passenger revenue of MYR1,110, which was 25% higher than MAAX’s.

To account for its share of TAAX net profits from Sep 2023 onwards, Maybank IB said it tweaked FY23E core net profit upwards for AAX by 7% and lift FY24E and FY25E core net profit by 47% and 41% respectively. Note that they are premised on the 8 Airbus A330s that TAAX currently has in its fleet. TAAX stated that it plans to grow its fleet count to 17 Airbus A330s over the next 5 years.

Thus, the house believes it is being conservative in its TAAX estimates.

epf bought back 2.6 million for dividend