AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

1.92

Today's Change

-0.12 (5.88%)

Day's Change

1.88 - 2.03

Trading Volume

12,596,100


53 people like this.

45,284 comment(s). Last comment by paulthesotong 1 day ago

jamishoot

81 posts

Posted by jamishoot > 2020-10-21 12:50 | Report Abuse

Dear loyalists. Good news for avaition .... airlines test new app’ to verify passangers’ health status ... a new breather !!! On CNN

jamishoot

81 posts

Posted by jamishoot > 2020-10-21 12:52 | Report Abuse

Buy buy buy

limitupmeh

1,352 posts

Posted by limitupmeh > 2020-10-21 13:08 | Report Abuse

selagi border close jgn harap nk fly. kalau utk travel tak blh nk fly kalau utk urusan lain blh depends on suject

limitupmeh

1,352 posts

Posted by limitupmeh > 2020-10-21 13:08 | Report Abuse

relax guys AA Berhad blh survive

limitupmeh

1,352 posts

Posted by limitupmeh > 2020-10-21 13:10 | Report Abuse

AA Berhad and AA X Berhad is different counter

jamishoot

81 posts

Posted by jamishoot > 2020-10-21 13:20 | Report Abuse

AI technology might have the solution

EVO118

2,165 posts

Posted by EVO118 > 2020-10-21 15:23 | Report Abuse

No Refunds & Credits For AirAsia X Customers As Airline Undergoes Restructuring.
www.therakyatpost.com/2020/10/21/no-refunds-credits-for-airasia-x-customers-as-airline-undergoes-restructuring/

EVO118

2,165 posts

Posted by EVO118 > 2020-10-21 15:53 | Report Abuse

They get you to buy a memberhip for unlimited pass. They then cancel flights, offering 6 months for refund or instant credit. Now what? I am sure this is against what the Malaysian govt is saying.

EVO118

2,165 posts

Posted by EVO118 > 2020-10-21 15:59 | Report Abuse

It's ILLEGAL!!!

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2020-10-22 13:06 | Report Abuse

I think better for AAX close shop.

MasterYoda

975 posts

Posted by MasterYoda > 2020-10-22 13:19 | Report Abuse

now you sell still can afford eat bubur cha cha ke ke ke

EVO118

2,165 posts

Posted by EVO118 > 2020-10-22 14:27 | Report Abuse

MAB in liquidation according to KPMG

ppp888

46 posts

Posted by ppp888 > 2020-10-22 16:01 | Report Abuse

No refunds, no credits. Better close shop. The winners are the directors who sold and sold.

EVO118

2,165 posts

Posted by EVO118 > 2020-10-22 16:39 | Report Abuse

There won't be any Airlines link to MALAYSIA.

Posted by Harbinger88 > 2020-10-22 20:41 | Report Abuse

CIMB analyst forecast this co to be worth zero sen la. You all no believe still want buy.

Faster sell the lapsap share to the next sohai and get back your 3.5c lo. If not later you become the ultimate sohai yourself.

simple123

82 posts

Posted by simple123 > 2020-10-23 09:09 | Report Abuse

In liquidation is for now-defunct Malaysian Airline System Bhd (MAS) and not Malaysia Airlines Berhad (MAB). MAS is old company and MAB is a separate legal entity.

mdesa5057

159 posts

Posted by mdesa5057 > 2020-10-23 09:10 | Report Abuse

KUALA LUMPUR: AirAsia Group Bhd dipercayai memperoleh pinjaman RM300 juta dari Sabah Development Bank Bhd (SDB) untuk mengekalkannya di tengah-tengah wabak Covid-19.

Pemerhati pasaran yang bercakap dengan syarat tidak mahu disebutkan namanya mengatakan syarikat penerbangan tambang rendah (LCC) kemungkinan akan menggunakan pinjaman itu untuk membiayai operasi tempatannya termasuk membayar gaji pekerja dan penyewaan pesawat.

SoftaPure

63 posts

Posted by SoftaPure > 2020-10-23 10:46 | Report Abuse

run now or get trapped for eternity!

IvanC

669 posts

Posted by IvanC > 2020-10-23 12:13 | Report Abuse

0.045 sell

stampid54

313 posts

Posted by stampid54 > 2020-10-23 15:41 | Report Abuse

Lapsap stock earn moeny. Damn Jeng

Posted by Bigshow929 > 2020-10-23 16:31 | Report Abuse

haiz... from 1.1 till now...siao

DJThong

493 posts

Posted by DJThong > 2020-10-24 12:15 | Report Abuse

MAHB Lai liao

i3lurker

14,578 posts

Posted by i3lurker > 2020-10-24 12:27 | Report Abuse

no surprise
everyday insult MAHB and call them stupid

if there is rubbish, why dun you just help MAHB and throw it away?
why must insult MAHB?

so of course your BFF MAHB will sue you loh.....

Posted by DJThong > Oct 24, 2020 12:15 PM | Report Abuse

MAHB Lai liao

cockroach

418 posts

Posted by cockroach > 2020-10-24 12:48 | Report Abuse

good stock to buy... hoot9e until we fly to Holland

Posted by isupertrader > 2020-10-24 13:49 | Report Abuse

TF has always been critical towards MAHB and demanding them on a lot of things while they had the upper hand. Now tide has change, what do you think?

Yes, a love hate relationship with more hate. Moreover both MAHB and MAS are partly owned by parent company, Khazanah. Makes perfect sense to put their interest on MAS especially when it is only a RM78 million bet. With or without funds, I believe AAX is gone due to 3rd virus wave which is very severe now. Even thinking how RM300 million will help alleviate the 60 plus billion debt will make one "chuckle",

I believe Khazanah will wait for the next move. AAX fold is almost certain now and no Investors will want to burn their cash to save a debt. It is the same when Lehman Brother asking Warren Buffett to bail them out. Not going to happen.

Instead, axing AAX will breathe new life for MAS. Khazanah can also create a low cost subsidiary fast (just like Cathay Pacific on Dragon) to seal its dominant in low cost. Kill the golden goose? AAX was a golden goose, now it is a lame duck.

Things will get ugly now and I realize I talked too much. Maybe it's Saturday.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-24 14:05 | Report Abuse

isupertrader, I like your attitude :)

alex

1,349 posts

Posted by alex > 2020-10-24 17:38 | Report Abuse

AAX D7 is going to debt restructuring and unable provide any cash/credit/move flight refund to me. I am one of his creditor now, it is owing me about RM200. Can i propose AAX issue right shares. And give me 5000 shares of AAX (based on RM0.04/share). So i can sell it at open market to get back my $$... # i still rugi brokerage fee though. #refund

i3lurker

14,578 posts

Posted by i3lurker > 2020-10-24 17:43 |

Post removed.Why?

Posted by NoNonsenseHere > 2020-10-24 17:51 | Report Abuse

Hotels bankrupt, airlines bankrupt, construction companies bankrupt, travel agencies selling fish now, universities begging for students.

Meanwhile the only stocks thriving on Bursa are Gloves with BILLIONS of ringgit of profits because of great companies like Supermax and Top Glove.
Phenomenal.

maggiemee

2,101 posts

Posted by maggiemee > 2020-10-24 18:08 | Report Abuse

This time really everyone stop fly... sorry slogan change

EVO118

2,165 posts

Posted by EVO118 > 2020-10-25 17:27 | Report Abuse

TF is not going to support AAX. Only interested in supporting the digital platform.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-25 17:50 | Report Abuse

Just put under receivership and set up another airlines, don't waste the time focusing on rescue plan as interested parties are trying to protect themselves, resulting in prolong action plan where time is an essence.

EVO118

2,165 posts

Posted by EVO118 > 2020-10-25 21:25 | Report Abuse

Just like MAS coming back as MAB

Onlineone

152 posts

Posted by Onlineone > 2020-10-26 19:34 | Report Abuse

Still buying this counter after so many advise to run? Come on!!

Onlineone

152 posts

Posted by Onlineone > 2020-10-26 19:36 | Report Abuse

I guess AA need to sell their new building in KLIA. Or was it already sold?

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-10-26 21:18 | Report Abuse

TP 0.005 cent

651158

2,401 posts

Posted by 651158 > 2020-10-26 21:22 | Report Abuse

died only

Posted by Ammar Roshidy > 2020-10-27 15:50 | Report Abuse

If AAX manages to survive this ordeal AAX will be great coming back. Having said that MAS should close shop for good with AAX playing as the major Airline operating from Malaysia. And if someone wants service or massage seat or flatbeds while flying they there are tons of planes in the open market to choose from.

Onlineone

152 posts

Posted by Onlineone > 2020-10-27 16:13 | Report Abuse

If not mistaken from the news, AAX and AA has more liabilities than MAB.

Posted by Ammar Roshidy > 2020-10-27 16:19 | Report Abuse

Does anyone know why did SABAH Development Bank helping Airasia, while Khazana and MAHB going out to kill AAX?

Onlineone

152 posts

Posted by Onlineone > 2020-10-28 08:06 | Report Abuse

Sabah Dev Bank give loan for digital food supply not the airline operation.

Onlineone

152 posts

Posted by Onlineone > 2020-10-28 08:07 | Report Abuse

to be developed in Sabah

Posted by isupertrader > 2020-10-28 20:39 | Report Abuse

In return for 100,000 jobs for State which is weird. I don't understand given business modality, company to slash jobs not increase it and 300 million loan is debt adding.

ocpd

762 posts

Posted by ocpd > 2020-10-30 03:48 | Report Abuse

How funny TF is trying to wipe out creditors’ debts instead of shareholders’ equity in an imminent bankruptcy. If it works they wouldn’t have called it bankruptcy in the first place. TF is just delaying the imminence.

https://www.thestar.com.my/business/business-news/2020/10/29/airasia-x-to-revise-us153bil-debt-reform-plan-to-expedite-talks-with-creditors

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-30 07:59 | Report Abuse

Less people can fly for sure as AA group becomes aa. If major SH is not showing his own commitment to pump in more $$$ via right issues, the restructuring exercise will be extremely tough and may have already classified under pn17 which should have been included if not mco.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-01 14:13 | Report Abuse

Covid-19: Malaysia reports 659 new cases, 80.3% from Sabah; daily recoveries hit record 1,000

Ahmad Naqib Idris/theedgemarkets.com
October 31, 2020 18:15 pm +08

https://www.theedgemarkets.com/article/covid19-malaysia-reports-659-new-cases-today-803-or-529-sabah-recoveries-hit-new-daily-high

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