Posted by Flytothesky2 > 2020-10-08 11:56 | Report Abuse

Run before aax say goodbye

Posted by Jeffreyteck > 2020-10-08 12:08 | Report Abuse

Up to Khazanah to sort out Malaysia Airlines.... Anyone believe it? National pride, social agenda, etc. Lol.

Posted by oskchoon > 2020-10-08 12:55 | Report Abuse

Guys, our Finance Ministry cannot use our taxpayer's money to salvage any Airlines with no hope....

Posted by zhen wei & JP > 2020-10-08 14:21 | Report Abuse

Basically semi bankrupt. Future yet to know.

Posted by newbie1111 > 2020-10-08 16:43 | Report Abuse

this company are not about making money now, it is about avoiding liquidation

Posted by newbie1111 > 2020-10-08 16:44 | Report Abuse

the stock should actually be worth negative value now

Posted by oskchoon > 2020-10-08 17:28 | Report Abuse

Mr. Tony is a rich man, why he is putting money to salvage his own company, I heard he is one of richest man in Asia...

Posted by i3lurker > 2020-10-08 17:30 | Report Abuse

Yes if you click buy, Tony will pay you. That is negative value

Posted by newbie1111 > Oct 8, 2020 4:44 PM | Report Abuse

the stock should actually be worth negative value now

Posted by oskchoon > 2020-10-08 17:30 | Report Abuse

Last year, he got hugh amount of dividends from AirAsia by selling allthe aircraft and lease it back from the buyer, where is his money now...

Posted by oskchoon > 2020-10-08 17:32 | Report Abuse

If he hope that our Finance Ministry will use our taxpayer's money to save his company and he remains the richest man in Asia, no way...

Posted by ocpd > 2020-10-08 18:40 | Report Abuse

TF is a coward as he hasn’t given a single cent of his own money to save aax and aa yet kept asking poor tax payers to bail him out!

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-10-08 19:27 | Report Abuse

Cannot Earn money here Stay away.

Posted by ivanlau > 2020-10-08 21:25 | Report Abuse

---------- quote ------

Stock: [AAX]: AIRASIA X BHD

Jul 30, 2020 11:10 PM | Report Abuse

Sorry to say new TP - 0.03

--------- unquote ------

Already highlighted that the ultimate TP at 30 July ....
today closing 0.04

Posted by Flytothesky2 > 2020-10-08 22:18 | Report Abuse

Tomorrow 2 cents. Omg. Air bus can cancel order? If can not cancel will bankrupt?

Posted by Flytothesky2 > 2020-10-08 22:20 | Report Abuse

Aax order how many airbus? Why can debt till 63500000000?

Posted by sharewiz118 > 2020-10-08 22:22 | Report Abuse

doom is the word to describe it

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-10-09 00:19 | Report Abuse

From year 2014 AAX is 0.80 cents drop till today 0.04 cents, Soon AAX
share will be suspended.

Posted by tkl88 > 2020-10-09 02:22 | Report Abuse

Wow, oil price continue it’s bullrun !
As at 2.12am,
Nymex=> $41.23 ‪(+1.28) (+3.20 percent)‬ !
‪Brent=>‬ $43.32 ‪(+1.33) (+3.17 percent) !

Posted by Jeffreyteck > 2020-10-09 09:16 | Report Abuse

US$1bil loan offer for AirAsia data.... Believe may violate some countries laws. Good for goreng news by TF.

Posted by oskchoon > 2020-10-09 13:52 | Report Abuse

Latest CIMB research house TP for AAX is zero, it means it has to ask Bursa for PN17 protection to prevent debtors liquidation or...

Posted by oskchoon > 2020-10-09 13:54 | Report Abuse

Our Finance Ministry using our taxpayer's money to bail out AAX and Mr. Tony F remains the richest man in Asia, no way...

Posted by oskchoon > 2020-10-09 13:56 | Report Abuse

Mr. Tony F has to use his billions money to save AAX if he is a responsible man not a coward hiding behind... on the expense of the innocent retailers....

Posted by kens88 > 2020-10-09 17:23 | Report Abuse

Waiting half cent

Posted by georgethefirst > 2020-10-09 18:08 | Report Abuse

Only stupid people will pay 4 sen for a stock with negative 21 sen NTA. MYR 63.5 billion debt how to restructure? The company is still lost making right now and the debt will snowball into a bigger amount in next few QR.

Posted by i3lurker > 2020-10-09 18:15 | Report Abuse

many stupid people in the world
dun get upset

you did not see the drunk Canadian couple?
wife got raped openly by black man in public
and husband standing 1 feet beside wife not aware wife being raped coz both husband and wife were so drunk?
police were called but man finished raping before police arrived

there are many drunk AAX shareholders being raped.
No need to get upset.

Posted by georgethefirst > Oct 9, 2020 6:08 PM | Report Abuse

Only stupid people will pay 4 sen for a stock with negative 21 sen NTA. MYR 63.5 billion debt how to restructure? The company is still lost making right now and the debt will snowball into a bigger amount in next few QR.

Posted by isupertrader > 2020-10-09 19:44 | Report Abuse

AAX is gone case. I feel Air Asia will experience massive sell out due to misinformation on debt restructuring which I believe very unlikely to come true due to massive 63 billions debt. Even before Covid already lost making. It's sad.

Posted by oskchoon > 2020-10-10 09:04 | Report Abuse

The stupid debtors trust and lend him 63 billions to buy aircraft to do a honest business, instead he quietly sold all the aircrafts and pay himself and his partners billions of special dividend, now he declared he has no money to salvage his company and tried to sack the staff by putting all the blame due to exceeded staffing, he is a hypocritic and pretend to be a humble boss...

Posted by oskchoon > 2020-10-10 09:09 | Report Abuse

He is one of the richest man in Asia and yet he is shameless, he should take responsibility of the failure to run the business and should sack himself and Kamaruddin instead of sacrifice his loyal staff for his management mistakes...

Posted by i3lurker > 2020-10-10 09:32 |

Post removed.Why?

Posted by shpg22 > 2020-10-10 09:42 | Report Abuse

there are many drunk AAX shareholders being raped.

They are not being rape, they get @nal.
Maintain fair price at 0.000

Posted by Jeffreyteck > 2020-10-10 13:14 | Report Abuse

Most happy so far, management and bod for remuneration withdrew over the past years for delivering extremely poor results even not in covid era.
Most sorrow, LT minority SHs due to irrevocable capital loss.

Posted by Onlineone > 2020-10-10 14:15 | Report Abuse

sad story this AAX. hard to swallow but this is reality. Those who are still hoping. Cut loss and run first

Posted by BigDaddy88 > 2020-10-10 17:04 | Report Abuse

This is not just AAX problem, this is an industry wide problem. In times of an economic crisis, only the fittest survive. But how fit was AAX pre-covid? Can't even make profit then and u expect them to make profit now even after restructuring? Just cut loss and run. Good luck!

Posted by EVO118 > 2020-10-11 16:22 | Report Abuse

Question is . Is this company solvent? if not then it should be delisted. What are Bursa / SC doing? More shareholders are going to get trap! They should be doing their job. In fact, I think all 3 airlines in Malaysia are insolvent & should be shut down immediately.

Posted by ocpd > 2020-10-12 06:20 | Report Abuse

Yes agree, Bursa should really suspend AAX to prevent ignorant moms and pops getting their life saving burned.

Posted by yameyamo > 2020-10-12 12:38 | Report Abuse

Habis

Posted by TheGardener > 2020-10-12 12:46 | Report Abuse

Welcome to Casino De AirAsia X!

Posted by Donator > 2020-10-12 12:47 | Report Abuse

Cut loss and run before too late..

Posted by DannyArcher > 2020-10-12 15:32 | Report Abuse

true value is zero. I dont know why Bursa still allows AA and AAX to list, i know some covid law thing, but... many will get burn, by right it is a PN17 company already.

Posted by Sneakpeek > 2020-10-13 11:26 | Report Abuse

Still got people but AA..good good. tony say thank u..

Posted by Allantanks > 2020-10-13 11:40 | Report Abuse

Which banks are major creditor.s

Posted by tkl88 > 2020-10-13 12:09 |

Post removed.Why?

Posted by kasrim > 2020-10-13 12:37 | Report Abuse

10 cen coming..haha huat

Posted by Fklim888 > 2020-10-13 12:54 | Report Abuse

Aax alive !

Posted by kentwang168 > 2020-10-13 14:29 | Report Abuse

oh shit.. Kementerian Kewangan just clarified dont have such things. No loan planned at the moment to Air Asia.

Posted by WannabeTrader > 2020-10-13 14:37 | Report Abuse

Nikkei Asia reported that the RM1 billion loan will be provided by a group of local banks under a government loan guarantee scheme. The loan is expected to be issued next month. This government guarantee program aims to help local companies deal with the consequences of the new crown pneumonia epidemic. The report also quoted insiders from the Ministry of Finance and AirAsia saying that 80% of the above-mentioned loans will be guaranteed by the Ministry of Finance.

However, the above news only spread shortly, and the Ministry of Finance has immediately denied it. A spokesperson for the Ministry of Finance clarified in a brief statement that the ministry "has not approved any government loans or guarantees to any airlines."

Source:
https://www.klsescreener.com/v2/news/view/739511

Posted by JohnVasi > 2020-10-13 14:37 | Report Abuse

Source bro?

Posted by WannabeTrader > 2020-10-13 14:44 | Report Abuse

Finance Ministry has not provided or guaranteed financing to any airline

Quoted from:
https://www.thestar.com.my/business/business-news/2020/10/13/finance-ministry-has-not-provided-or-guaranteed-financing-to-any-airline

Posted by jamishoot > 2020-10-13 14:56 | Report Abuse

A breather ... at the least

Posted by kasrim > 2020-10-13 15:01 | Report Abuse

vaccine dh nak kluar awal tahun depan. air asia sure can fly.. everyone can fly!