Suddenly no momentum liao

T+3 from Friday rally... so expect some profit taking

Yup, agree with Jerry.
A few good factors for AAX.
1. Low fuel cost -
Q3, 2014, AAX fuel cost was > 50% of thier operating expenses.
Q3, 2015, AAX fuel cost is 35% of their operating expenses.
I believe that Q4 2015 report will show significantly lower percentage of fuel cost. Assuming their Q4 revenue is the same with Q3 revenue RM 793,000,000. If they can lower 10% on fuel cost, than mean can save RM 79,300,000, and with higher chance to be financial positive in Q4.
Although they hedge 50% of oil price at USD60 for 2016, apparently, 2016 fuel cost for AAX will be much lower than 2015.

2. USD vs RM
Unrealized foreign exchange loss has been reflected in Q3 2015 when USD to RM exchange rate from 3.7 to 4.4. As long as 2016 exchange rate fall between 4.0 to 4.5. that will be good for AAX

Share with you all my opinion.

On 1st Oct 2015 - 1 USD = RM 4.4
On 31st Dec 2015 - 1 USD = RM 4.3

Do you got what i mean ? Q4 2015 AAX financial report on foreign currency interest on loan shall be a +ve, not -ve...

Comparing to Q3, 1st July 2015 - 1 USD = 3.7/3.8 RM

And, considering Q3 operation already break even...

I think Q4 AAX quarterly report will be positive.

It just my 2 cents.

Take you own risk if you decide to invest.

If you could hold your AAX shares for 3 months, I am quite sure you will win on this counter.

Crude oil price dropped significantly starting Q4,2014. If you have read the financial report of AAX, almost 50% of cost is aircraft oil expenses. That means, very likely, AAX will make profit in Q4, 2014. And, the financial results will be out in Feb, 2015.

So... if you can wait for 3 months... then can buy and keep now.

Yes, very strange. Anyone knows the reason why the share price shoot up?
First Q, loss.
Second Q, a lot of Chinese in China refused to come to Malaysia. So, the flight go/from Chengdu, ShangHai, HangZhou and Beijing will be affected.

What is the reason it goes up?

AirAsia X IPO price was RM1.20

It's price is about RM0.95 before releasing Q4,2013 financial results.

Today's price is RM 0.775, 20% down from RM 0.95, and 35% down from IPO.

Well, there were bad factors described by Bullbear, but all of these has been reflected in current price!

I'd say there is limited down side... and big up side as the airline company is managed by Tony Fernandos with his good management team.

Bad factors has been reflected in current price.

Considering the good management in AirAsia X, it's now reasonable price to accumulate some Airasia X shares!