AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

1.89

Today's Change

+0.01 (0.53%)

Day's Change

1.88 - 1.91

Trading Volume

754,300


53 people like this.

45,314 comment(s). Last comment by MarketNavigator 2 days ago

icecool

5,059 posts

Posted by icecool > 1 month ago | Report Abuse

wow aax taking off better get in now

paulthesotong

2,922 posts

Posted by paulthesotong > 1 month ago | Report Abuse

Make AirAsia Great Again!

Posted by TradingFUN > 1 month ago | Report Abuse

500,000 AAX
1,000,000 Cap A
Paper gain 630,000

9 days to QR

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Governments of Norway, Sweden, Finland and Germany had just advised their citizens and large companies to prepare for War with Russia. Stockpiling raw mats. Bomb shelters guides etc👍🤜😁

paulthesotong

2,922 posts

Posted by paulthesotong > 1 month ago | Report Abuse

The Russians are bluffing.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Invasion of Russia by US Forces are imminent.

Vista99

46 posts

Posted by Vista99 > 1 month ago | Report Abuse

Broke RM2 alrdy. What's next TP for AAX ? 😀

paulthesotong

2,922 posts

Posted by paulthesotong > 1 month ago | Report Abuse

Peace in the ME,Oil drops, Higher Airfares.

sg999

1,832 posts

Posted by sg999 > 1 month ago | Report Abuse

When qr will be released??

Posted by ValueInvestor888 > 1 month ago | Report Abuse

why buy aax where you have better choice in other mkts eg HK Cathay Pacific, PE less than 10, Div yield 7%. The share price is also uptrend currently...

vespa

911 posts

Posted by vespa > 1 month ago | Report Abuse

indeed

Vista99

46 posts

Posted by Vista99 > 1 month ago | Report Abuse

Will AAX make good profit as well ? 😃

abidinaa

116 posts

Posted by abidinaa > 1 month ago | Report Abuse

Something very very fishy going on and I don't feel good. Normally AAX would disclose the financial result before Capital A. Is it going to an awful magic trick again

Noni

759 posts

Posted by Noni > 1 month ago | Report Abuse

Believe in Tony

paulthesotong

2,922 posts

Posted by paulthesotong > 1 month ago | Report Abuse

Is that Good? or fly,baby, fly...

https://newsroom.airasia.com/news/aax-3q2024-financial-results

mf

29,531 posts

Posted by mf > 1 month ago | Report Abuse

2024-12-02

Price Target

AirAsia X Berhad - Stronger Quarter Ahead
Source : PUBLIC BANK, Price Call : BUY, Price Target : 2.47
Last Price : 1.90, Upside/Downside : +0.57(30.00%)

FAInvestor

402 posts

Posted by FAInvestor > 1 month ago | Report Abuse

great QR but it was sell on news/facts hence giving me the opportunity to buy in at 1.93

Vista99

46 posts

Posted by Vista99 > 1 month ago | Report Abuse

The reason AAX fell from above RM2 ...? https://theedgemalaysia.com/node/734508

Posted by MarketNavigator > 3 weeks ago | Report Abuse

I didn't download Air Asia Move. Usually buying tickets via online. Nice and easy

mf

29,531 posts

Posted by mf > 3 weeks ago | Report Abuse

Dow poised for first 10-day losing streak since 1974 after Fed signals fewer rate cuts: Live updates

Vista99

46 posts

Posted by Vista99 > 2 weeks ago | Report Abuse

Good good, AAX goes back to RM2 again 🤗

paulthesotong

2,922 posts

Posted by paulthesotong > 2 weeks ago | Report Abuse

Is today the AA Pilot "s Favourite Day?

Yes Its FlyDay..

Posted by TradingFUN > 2 weeks ago | Report Abuse

Cap A will complete the recovery by Q4 this year.
2025 with all planes flying will reflect the full potential of the financial performance

AAX will be benefited after the merger.

abidinaa

116 posts

Posted by abidinaa > 2 weeks ago | Report Abuse

AAX bought AAG for RM6.8B. With share swap of RM3.8B so AAX will only have to come up with RM3B in cash. With a potential revenues of RM11B, how long will it take for AAX to pay off the debt.

Sslee

7,174 posts

Posted by Sslee > 2 weeks ago | Report Abuse

AAX did not come out with any money just take over AAGL by issuing AAX share to capA and AAB by take over debt owed by capA to AAB or in other word take over all the CapA Aviation net liabilities.
AAX then need RM 1 billion PP capital injection to stay afloat for another year.

If in FYE 2025 external auditor insist on impairment of goodwill then most likely AAX equity will fall into negative and send AAX into PN17.

Sslee

7,174 posts

Posted by Sslee > 2 weeks ago | Report Abuse

As at 30/9/2024
CapA net current liabilities is RM (11,237,082,000)
Hope everyone know what current mean.

Sslee

7,174 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Technically capA is an insolvent company and survive on taking in more debts/bonds and keep rolling over debts/lease liabilities/payables and etc.

Sslee

7,174 posts

Posted by Sslee > 2 weeks ago | Report Abuse

If AAX price keep going up do you think AAX able tp find investor/investors to take up the RM 1 billion PP?
And what will be AAX PP price?

Sslee

7,174 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Upon completion of the Proposed Acquisitions AAX NOSH will increase from 447.07 million into 3,639.72 million. Total borrowings, debentures and lease liabilities as at 31 December 2023 of RM 24,492.69 million (gearing ratio of 42.60 times)

Posted by TradingFUN > 2 weeks ago | Report Abuse

who decide the value ? Valuer or Auditor ?

What was the valuers valuation for AAGL and AAB ? Acquired at premium or discount ?

with Cap A revenue increased from RM11B to more than RM20B in 2025 , will the value revise upside or downside ?

Posted by TradingFUN > 2 weeks ago | Report Abuse

roll over of debt is a common practice for businesses. Did you read through in details the changes in Cap A Financial Statement throughout the years ?

Posted by TradingFUN > 2 weeks ago | Report Abuse

is the financial performance strengthening or weakening ? look at their cash flow statement.

Posted by TradingFUN > 2 weeks ago | Report Abuse

pls study the details before posting.

paulthesotong

2,922 posts

Posted by paulthesotong > 2 weeks ago | Report Abuse

SP gonna higher and yet some jesters keep posting on losses,debts n history!

Sslee

7,174 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Ok then talk next quarter.
Repost:
30 September 2024: 30 June 2024
USD/MYR
Average rate 4.4566: 4.7323
Closing rate 4.1065: 4.7205

Quarter ended 30 Sep 2024
Foreign exchange gain/ (loss)
Realized: RM 74,800 000
Unrealized: RM 2,195,000,000

So if 30/12/2024 USD/MYR ended at 4.50 what will be the Foreign exchange losses?

Sslee

7,174 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Just a simple question if valuer valued a property as 10 million but that property is charged to bank for 5 million loan so are you going to pay the seller 10 million to take over the property and the loan?

Posted by TradingFUN > Dec 27, 2024 10:20 AM | Report Abuse
who decide the value ? Valuer or Auditor ?

What was the valuers valuation for AAGL and AAB ? Acquired at premium or discount ?

Sslee

7,174 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively.

Is above answer you question: Acquired at premium or discount ?


External Auditor, are non-current assets: Deferred tax assets and goodwill subjected to yearly impairment?

“For illustrative purposes, as set out in the pro forma consolidated statement of financial position of our Group as at 31 December 2023 in Appendix VIII of this Circular, the goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively, based on the assumptions and parameters stated therein.”

Answer
1) Goodwill is subject to yearly impairment assessment; and
2) Deferred tax assets are assessed on a yearly basis to determine whether there are future taxable profits in which the deferred tax assets can be utilised.

Posted by MarketNavigator > 2 weeks ago | Report Abuse

NTA of AAX will be recalculated

Vista99

46 posts

Posted by Vista99 > 2 weeks ago | Report Abuse

ya, its nta will be more than RM1

Sslee

7,174 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Have you really read page 300 E&Y report:

After acquisation and capital reduction
AAX
RM'000
Total Shareholders' fund/equity: RM 574,645
Non-controlling interests: RM (1,837,900)
Total equity: RM (1,263,255)

abidinaa

116 posts

Posted by abidinaa > 1 week ago | Report Abuse

Good signal for another huge profit quarter. Let's continue the momentum to the year 2025.

mf

29,531 posts

Posted by mf > 4 days ago | Report Abuse

Here are some of Swift Energy Technology Berhad's (SETB) peers:
PETDAG, BLDPLNT, DLADY, ALLIANZ, SUNCON, PCHEM, GCB, ABMB, KESM, and BKAWAN.

Posted by MarketNavigator > 2 days ago | Report Abuse

Those are SET's clients, aren't they?

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