Posted by Hunter70 > 2020-11-19 20:28 | Report Abuse

Whoever believe in AA, just buy. For those who don't, just leave it. Don't KBKB. Whether AA investors make or lose money, it is non of your business.

Posted by Victor Yong > 2020-11-19 20:36 | Report Abuse

AirAsia X sinks deeper into the red in 3Q as revenue takes a nosedive amid travel restrictions.

Posted by Victor Yong > 2020-11-19 20:37 | Report Abuse

AAX will pull down Airasia Bhd too :)

Posted by Victor Yong > 2020-11-19 20:38 | Report Abuse

Airasia’s right issue or private placement otw kot

Posted by Victor Yong > 2020-11-19 20:39 | Report Abuse

If right issue or icps, 40 or 50sen per share. Tak tahu

Posted by Victor Yong > 2020-11-19 20:40 | Report Abuse

Commercial Banks dare not lend money to Airasia? Correct?

Posted by awesome20 > 2020-11-19 20:40 | Report Abuse

will recover soon

Posted by sampooler > 2020-11-19 20:46 | Report Abuse

@Hunter70 u are right...

Posted by sampooler > 2020-11-19 20:48 | Report Abuse

many are traders here, not investors... down a bit already crying.. :((((((

Posted by sampooler > 2020-11-19 20:51 | Report Abuse

Like bitcoin, i bought when it is at 9k, it went down to 3k after a year, i relax only... Now jump to 17k, i also just relax only.

Posted by supafly83 > 2020-11-19 21:01 | Report Abuse

@sampooler.. Hahahaha.. yeah correct. My heart sank when it tanked to 3k. But you don’t lose till you sell. Now also waiting for Ethereum and Litecoin.

Posted by DickyMe > 2020-11-19 21:04 | Report Abuse

Bangsats with ulterior motives are spewing their jealous venom on TF when their interest did not materialise. So many PhDs. PhD - PERANGAI HASAD DENGKI. It's their in born characteristic..

Posted by samo50sg > 2020-11-19 21:07 | Report Abuse

Alot of uncles don't know the potential of online lending license. By the time they realise.. They say Jack Ma so smart.
If there is right issue, I'll just buy more. I will be cursing if tf doesn't give us the chance.

Posted by DickyMe > 2020-11-19 21:10 | Report Abuse

AH LONG bisnes kills and tears families apart.

Online lending will contribute to gangterism, extortion, kidnapping, murder and suicide.
The social impact is gruesome.

Posted by samo50sg > 2020-11-19 21:12 | Report Abuse

So is 4d, magnum, casino, traditional banks, alcohol, online shopping etc.

Posted by DickyMe > 2020-11-19 21:13 | Report Abuse

They don't charge killer interest.

Transaction is cash!

Posted by samo50sg > 2020-11-19 21:16 | Report Abuse

Yes
They all gibe you free money.

Posted by samo50sg > 2020-11-19 21:23 | Report Abuse

Better be careful with credit cards. 17% and free covid.

Posted by samo50sg > 2020-11-19 21:36 | Report Abuse

Commercial banks can't lend because of basel II.

Posted by DickyMe > 2020-11-19 21:44 | Report Abuse

You want to swim in DEBT, go ahead.

Living with one meal a day and enjoying peace of mind is more important than flashing.

Posted by cheeseburger > 2020-11-19 21:48 | Report Abuse

good luck everyone who fly AA..

Posted by azril1986 > 2020-11-19 21:58 | Report Abuse

Airasia will fly again

Posted by samo50sg > 2020-11-19 22:05 | Report Abuse

Just last month, people say AA con state money to build cold storage logistics and international airport in sabah. Now some realise alot still don't. Now online loan, people say AA sure die.
Haiyah.. Too many gloves in your head not good for you.

Posted by tablesalt > 2020-11-19 22:38 | Report Abuse

I think it will cut off a lot of things, and focus on getting up with new directions to complement it. But bankruptcy, I personally don't think so. There are visible efforts to survive and rise back.

https://newsroom.airasia.com/news?category=Global

Posted by tablesalt > 2020-11-19 22:39 | Report Abuse

But to each their own. If you have no faith, don't invest, go to some other place. If you have faith, invest and wait for the time to come soon.

Posted by Loading > 2020-11-19 22:44 | Report Abuse

Tambi invite u all go fly kite together ...

Posted by Victor Yong > 2020-11-20 06:41 | Report Abuse

On Oct 6, AAX announced a proposed debt restructuring scheme to reconstitute the RM63.5 billion debt into a principal amount of RM200 million, which is payable annually over a period of up to five years.

KUALA LUMPUR: AirAsia X Bhd’s (AAX) net loss widened to RM308.46 million in the third quarter ended Sept 30,2020, from RM229.89 million in the same quarter last year.

The closure of international borders following the COVID-19 pandemic dragged the long-haul carrier’s revenue down by 94 per cent to RM59.91 million during the quarter under review from RM1.01 billion previously.

For the cumulative nine-month period, AAX’s net loss ballooned to RM1.16 billion against RM393.67 million while revenue shrank to RM1.08 billion from RM3.20 billion previously, the airline said in a filing with Bursa Malaysia today.

On Oct 6, AAX announced a proposed debt restructuring scheme to reconstitute the RM63.5 billion debt into a principal amount of RM200 million, which is payable annually over a period of up to five years.

"The implementation of the scheme is ongoing and its success is critical to the ability of the company to raise new funding, either as debt or equity, and to continue as a going concern, ” it added.

In a separate filing today, Mercury Securities Sdn Bhd, on behalf of the airline’s board, announced that Bursa Malaysia Securities had, vide its letter dated today, resolved to grant AAX an extension of time until Jan 6,2021, to submit the application for the proposed share consolidation and the draft circular to the AAX shareholders in relation to the proposals.

Under its planned corporate restructuring, AAX has proposed a consolidation of every 10 existing ordinary shares in AAX into one AAX share. - Bernama

Posted by tkl88 > 2020-11-20 06:56 | Report Abuse

Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40
WRITER: REUTERS

https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development

KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.

Posted by tkl88 > 2020-11-20 08:19 | Report Abuse

Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan

* NATION
* Thursday, 19 Nov 2020 
10:53 AM MYT By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN

https://www.thestar.com.my/news/nation/2020/11/19/khairy-malaysia-to-pay-upfront-rm94mil-for-vaccine-under-covax-plan

Posted by B4b4 > 2020-11-20 08:37 | Report Abuse

Sinovac has been used by about 1 million people all over the world especially in UAE, Epygt, Bahrain, Brazil, Qatar and of course China. Sinovac is otw to Malaysia by Q1 2021. So sit back and buy AA shares. Soon everyone can fly again.

Posted by Good123 > 2020-11-20 08:58 | Report Abuse

No one knows when the vaccine will be available at a mass level. Yes, news of a vaccine that is 90% effective has provided hope but it hasn’t even gone into third stage testing. It is premature exuberance.

Nothing is going to change for the next one year, at least. By then, most businesses would have collapsed and inbound travels, even if lifted, will not see the 2019 activity.

It will take a while for normalcy to return and most airlines are looking at 2023, the earliest.

Posted by Good123 > 2020-11-20 08:59 | Report Abuse

It will take a while for normalcy to return and most airlines are looking at 2023, the earliest.

Let’s compare

Posted by tablesalt > 2020-11-20 09:10 | Report Abuse

AAX steady, Airasia pun steady

Posted by strattegist > 2020-11-20 09:26 | Report Abuse

soft

Posted by Kamarul32 > 2020-11-20 09:29 | Report Abuse

yes,goin up soon

Posted by foreign_fund > 2020-11-20 09:52 | Report Abuse

Tony Fernandes Scotland house for sale why ah?

Posted by Ahmadahmad88 > 2020-11-20 10:03 | Report Abuse

take profit.

Posted by strattegist > 2020-11-20 10:41 | Report Abuse

green

Posted by samo50sg > 2020-11-20 10:54 | Report Abuse

AA exposure is more on domestic air routes and airasia thailand, Airasia Philippines and india and CHINA. AAX is mostly international.
Besides, AA is now not just about air travel but digital and cargo.
If want to spread fear so that can buy low.. At least do more homework.

Posted by samo50sg > 2020-11-20 10:56 | Report Abuse

And interesting equivalent comparison of the digital side would be to see the rise of Alipay and ANT ipo.

Posted by samo50sg > 2020-11-20 10:59 | Report Abuse

Not surprised TF is selling his assets to raise his stakes in AA. He did announced few weeks ago on bursa.

Posted by samo50sg > 2020-11-20 11:11 | Report Abuse

Curious to see why the development of Alibaba and AA coincides with the online digital side of AA.

Posted by sampooler > 2020-11-20 11:16 | Report Abuse

@samo50sg TF is cleaver.. who know jack will invest in AA once day to grab the asean market via AA.

Posted by samo50sg > 2020-11-20 11:30 | Report Abuse

@sampooler alot of people don't know who owns Lazada.

Posted by Expertise > 2020-11-20 12:23 | Report Abuse

Green green vaccines around us

Posted by strattegist > 2020-11-20 13:03 | Report Abuse

green

Posted by tablesalt > 2020-11-20 13:07 | Report Abuse

@strattegist, what's the point of your update?

Posted by AllYouCanBuy > 2020-11-20 14:47 | Report Abuse

@tablesalt He is just a pathetic attention seeker. He enlightens our days LOL.

Posted by LohNewbie > 2020-11-20 15:13 | Report Abuse

@tablesalt If you press strattegist button and see what he is, you will see he go everywhere to "green" - only one word that's it. Funny fella

Posted by aliyusof > 2020-11-20 16:00 | Report Abuse

https://japantoday.com/category/business/update1-budget-carrier-airasia-japan-unable-to-refund-23-000-air-tickets