airasia pn17 also got ppl buy. this stock u no need so scare ba.

see pang72 so long. never bring me to kaya raya.

ok i delete comment first.

not sure if tony can wait until 1-2 years later or not. with the debt ballooning..

All south east asia market also in downward spiral ever since the virus.. people tends to avoid travelling.. until maybe the virus mutated to a non-harming type..

actually US market never close.. Europe and UK market never close. but with stringent SOP. The profit ratio not high..

往事只能回味。

red colour pn17.

still strong.. all drop.. mi price stable.

yes. look at the news. klse let it afloat because of covid.. pity that hongkong guy who invested.

Every country support their own airlines.. But we have MAS. government support one MAS also left half life. support airasia some more will gg. Khairy also said we cannot afford lockdown = no more money.

The airline had also triggered the prescribed criteria pursuant to Paragraph 8.04 and Paragraph 2.1(a) of PN17 of Bursa's Main Market Listing Requirements (Main LR), where AirAsia’s shareholders' equity on a consolidated basis was 25% or less of its share capital and such shareholders' equity is less than RM40 million based on the audited financial statements for FY20.

25% 0.745 drop 25% to 0.555...

KUALA LUMPUR (Jan 13): AirAsia Group Bhd has failed in its bid to secure an extension of the relief period from being classified as a Practice Note 17 (PN17) company.

The low-cost carrier is thus deemed a PN17 company now.

The group had applied to Bursa Malaysia Securities to extend the relief period beyond Jan 7.

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“The board of directors wishes to inform that after due consideration of all facts and circumstances including all written representations and documents submitted before Bursa, Bursa has decided to dismiss the appeal.

“Further announcement will be made in due course regarding this matter,” the carrier said in a filing with Bursa on Thursday.

AirAsia triggered the PN17 suspended criteria in July 2020 after its external auditors, Ernst & Young PLT, issued an unqualified audit opinion with material uncertainty relating to going concern in respect of its audited financial statements for the financial year ended Dec 31, 2019 (FY19) and its shareholders’ equity on a consolidated basis was 50% or less of its share capital.

The airline had also triggered the prescribed criteria pursuant to Paragraph 8.04 and Paragraph 2.1(a) of PN17 of Bursa's Main Market Listing Requirements (Main LR), where AirAsia’s shareholders' equity on a consolidated basis was 25% or less of its share capital and such shareholders' equity is less than RM40 million based on the audited financial statements for FY20.

Thanks to the relief measures introduced by Bursa and the Securities Commission Malaysia, AirAsia was not classified as a PN17 listed issuer and was not required to comply with the obligations under Paragraph 8.04 and PN17 of the Main LR for a period of 18 months from the date of the first relief announcement.

The date of the first relief announcement was July 8, 2020, and the 18-month period ended on Jan 7, 2022.

Under the relief measures, companies that triggered any of the suspended criteria between April 17, 2020 and June 30, 2021 would not be classified as a PN17 and Guidance Note 3 (GN3) company for 12 months.

The waiver was extended twice since then, with the latest extension granting companies that trigger the PN17 or GN3 suspended criteria between July 1, 2021 and Dec 31, 2021 an 18-month relief period, compared with 12 months previously.

AirAsia has been in the red for the past two years, posting a net loss of RM283 million for FY19 and RM5.89 billion for FY20.

In FY21, the group posted a bigger net loss of RM887 million for the third quarter from RM851.78 million in the previous corresponding quarter, as the Malaysian and Indonesian markets continued to face travel restrictions amid Covid-19 containment efforts.

The airline had said that the net loss was also due to investment in technology, talent and network as AirAsia continued to scale up its digital super app and its air cargo division Teleport.

Quarterly revenue fell 36.9% to RM295.89 million from RM468.94 million a year earlier.

For the nine months ended Sept 30, 2021, AirAsia's net loss narrowed to RM2.23 billion from RM2.66 billion in the same period of FY20, even as revenue fell by a third to RM1.02 billion from RM2.97 billion.

this phase is.. potong phase.

winter of technology..

by right. pn17 should be straight LD just like ataims. but.. airasia still can tahan. not bad.

stable lioa.. all in..

stable.. can all in liao. all in.

mari mari..

rebound mari.

all in.

All in for rebound.

All in.. for rebound.

All in for rebound.

All in.. for rebound.

yeah. but do you see share like glove drop to low in an instance.. it take times even if it is destined to go down. time for rebound.

when i look at ah koon zai. i know he sure ask ppl to buy ays.. haiya..

wow. that's great. PE 40 is just right. Other tech stocks at PE50

LJ

Jan 10, 2022 2:33 PM | Report Abuse

Anticipate good news tomorrow

No good news also. this investkl8 tipu.

superhotdog always blow water.

tp RM50.

need genesis boss support.

just say all the pros.. didn't mention the cons..

serbadk pn17. happy lo.

serbadk pn17.. happy lo mabel. haha.

i just hope call warrant expire.. and pp done.

too many ghost at RM1. current momentum its like 10% power.. confirm cannot break RM1. i still recall.. every price points 20mil -30mil volum

later they will blow PP news. haha same trick.

Andy hall is nobody.. cheapo.. see people rich. he no happy then come kacau.

Tesla buying ataims vacuum to sell along with tesla?

or dyson son (sondy) come back.

dyson coming?

aiyo derrick cepat jual le. want to buy cheap but no cheap ticket.

the unexpected O&G is stable right now with maybank call. watch out for velesto. and other small one. sure goreng kuat.

Maybank IB maintains positive call on O&G sector https://www.bernama.com/en/business/news.php?id=2039794

bank give good rating for 2022 oil price..

definitely.. with mimos 5k quantity. + foxconn.. hopefully good news soon.

none owe you any explanation.. trevor. you are nobody.

7nm and 8nm chip foundry needs more high end equipment = higher cost.. higher gross margin too
silterra lower end chip foundry needs lower end equipment = lower cost.. lower gross margin too.

all in all.. it should be on par.. just by comparing other mediatek.. ilitek and etc etc.. 30-40% gross margin is acceptable and doable.. trevor.. cry more.