Posted by ShareShaker > 2020-11-10 16:02 | Report Abuse

I hope this counter can continue goes up, not because I want to make money from it, but because i want the vaccine news to be true! then everyone can be saved...

Posted by jazz2pai > 2020-11-10 16:43 | Report Abuse

hope can achieve tp1= 0.115

Posted by Rajaswaran Tharmalingam > 2020-11-10 18:11 | Report Abuse

ShareShaker wrote well and i like it very much. If the vaccine continues to be successful, humans tend to benefit from it and so will AAX, and many struggling businesses globally. Naturally, when AAX wins traction, investors wins too... Lets hope for the BEST :)

Posted by sthannes > 2020-11-10 20:13 | Report Abuse

tbh, I really don't think anyone can save AAX anymore. Bleeding money, they need to change their business model. Not sure investors willing to take a chance when there are better and safer businesses out there to put your money in.

Posted by chtan33 > 2020-11-10 22:06 | Report Abuse

ha... it's not tomorrow that everyone can fly again...

Posted by blistering > 2020-11-10 22:53 | Report Abuse

You guys forgeting something...AA & AAX is lost making going to go bankrupt Airlines, but their venture into Digital space with their huge customer via apps install based is huge...if somehow AA manage to monetize their apps, it will easily became the next eCommerce darling after Shopee lol...see how their next 2 quarter QR shows!! can't hardly wait

Posted by i3lurker > 2020-11-10 23:01 |

Post removed.Why?

Posted by char1234 > 2020-11-10 23:47 | Report Abuse

AAX can't win against Covid .Only hope Govt bail them out...

Posted by char1234 > 2020-11-10 23:48 | Report Abuse

Today show time is for you folks to minimise yr losses

Posted by Cash_Is_King > 2020-11-11 00:29 | Report Abuse

I found this article for you: - https://www.investing.com/news/coronavirus/medicagos-covid19-vaccine-triggers-immune-response-in-earlystage-trial-2345052

More and more vaccines news after Phizer

Posted by Cash_Is_King > 2020-11-11 00:31 | Report Abuse

Today shown how is the market react when there is news on vaccines. What do you think when vaccine successful registered in FDA?

Posted by EVO118 > 2020-11-11 00:55 | Report Abuse

To me it's a ONE DAY WONDER. Takes a brave investor to wait for the restructuring. Run if you can

Posted by EVO118 > 2020-11-11 01:01 | Report Abuse

There is already a gap between 0.04

Posted by EVO118 > 2020-11-11 01:03 | Report Abuse

if US market goes crazy again tonight, we might all get a second chance.

Posted by night_shadow > 2020-11-11 01:41 | Report Abuse

Airlines in US different they are still flying, in Malaysia CMCO all AAX aircrafts still grounded, ride on short sentiment so be careful

Posted by sabdian > 2020-11-11 06:32 | Report Abuse

AAX have big debts with Malaysia Airport Bhd 78Million. AAX pending to give credit refund to their. Passenger till court cases settle. My ticket money also gone ...

Posted by Legend > 2020-11-11 06:54 | Report Abuse

Take profit first...

Posted by tkl88 > 2020-11-11 07:37 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !
Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by DrJoel88 > 2020-11-11 09:25 | Report Abuse

I would say take profit if u have any for now. This is a slippery slope

Posted by Cash_Is_King > 2020-11-11 09:31 | Report Abuse

Just pre-plan your position, and wait for Pfizer second announcement. Because when the time Pfizer announce, it will be too late for u to buy in low price

Posted by sharkloan > 2020-11-11 09:32 | Report Abuse

https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html

Posted by Canlah > 2020-11-11 10:30 | Report Abuse

quarter report coming, gonna be hard oh.

Posted by night_shadow > 2020-11-11 10:50 | Report Abuse

correct it’s gonna be worst QR ever so TP or even CL while u can, after price drop can buy again if situation improves

Posted by MF0001 > 2020-11-11 11:02 | Report Abuse

GAMBLERS WILL NEVER LEARN!

EVERY TIME GIVE TONY FREE MONEY!

GOT CON GOT RAPED EVERY TIME!

NOW WHO LAUGHING?

TONY LORH!

ENJOY CUTTING LOSSES!

:D

Posted by Rajaswaran Tharmalingam > 2020-11-11 11:40 | Report Abuse

AAX is not in a good shape, everyone knows. While risk is there, light showing a little at the end of the tunnel and i will keep accumulating... invest wisely, and wishing everyone the greatest of success. Stay safe :)

Posted by Onlineone > 2020-11-11 17:35 | Report Abuse

I would say Air Asia maybe have a small chance to climb back, maybe in 2 years time but not AAX.

As of now, go to other counters first.

Stay safe too.. :)

Posted by sakthi > 2020-11-11 18:16 | Report Abuse

Rights issue made easier for companies to raise funds
KUALA LUMPUR (Nov 10): Companies are allowed to proceed with their proposed rights issue once the controlling shareholders are giving the irrevocable undertaking to subscribe for their full entitlement.
Companies could undertake the cash call even in the scenario that minority shareholders give it a cold shoulder.
Both the Securities Commission Malaysia (SC) and Bursa Malaysia have announced a temporary relief measure allowing eligible listed issuers to obtain mandated shareholder approval at a general meeting to undertake rights issue exercises.
"As a result of the pandemic and the Movement Control Order, many listed issuers are facing operational challenges, including raising working capital and repaying bank borrowings.
An expedited process for rights issues will enable eligible listed issuers to be more agile as they can raise funds from their existing securities holders in a shorter time frame to meet their capital and financial needs," said the regulators in a joint statement.
Under the expedited process, the regulators said eligible listed issuers, namely the public-listed companies and listed real estate investment trusts (REITs), will be granted greater flexibility to manage market uncertainties while making capital calls, and fast-track secondary fundraising, subject to certain safeguards.
For instance, the regulators said, the eligible listed issuers must have controlling shareholders who will provide an irrevocable undertaking to subscribe for their full entitlements, with not more than a 30% discount to the theoretical ex-rights price on these newly issued shares or units.
In other words, underwriters are not required to take up the unsubscribed portion of the rights issue, should minority shareholders decline to fork out more capital.
However, the rights issue exercises implemented with mandate obtained under the temporary relief measures are subjected to certain conditions. For instance, such rights issue must be a plain vanilla issuance where it can only be utilised for ordinary shares or units. This is not applicable to other types of securities such as warrants or convertible shares, according to the statement.
The statement said the temporary flexibility to allow expedited rights issue exercises by public-listed companies and listed REITs will be introduced through an enhanced rights issue framework.
The framework allows companies to issue new rights shares or units to their existing securities holders on a pro rata basis, up to 50% of the total number of issued shares or issued units, according to the joint statement.
This means that the shareholding dilution could not be more than 50% as a result of the rights issue to be undertaken under this enhanced framework.
The new general mandate for rights issue is in addition to the enhanced 20% general mandate for the issue of new securities, commonly utilised for private placements. Both relief measures are valid until Dec 31, 2021, said the statement.
The SC and Bursa Malaysia said they will continue to monitor evolving developments in the securities and financial markets which have been affected by domestic and global events, to evaluate and recalibrate measures to support an efficient and resilient market.

Posted by tkl88 > 2020-11-11 19:53 | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 percent)
Brent => $45.16 ‪(+1.55) (+3.55 percent)‬
‪Huat ah ! Heng ah ! Ong ah !‬

Posted by sakthi > 2020-11-11 23:07 | Report Abuse

Wee said passenger demand had fallen from 280,321 a day in January to 59,378 a day in September, adding that the ministry continued to work with the Tourism Ministry and airlines to increase the public's confidence to use aviation services to revive the domestic tourism sector.
For international tourism, he said the ministry "welcomes the government's efforts to implement the concept of travel bubbles to some countries such as Singapore, Brunei, Thailand, Vietnam, New Zealand, Australia, South Korea and Japan".
Malaysia's national carrier Malaysia Airlines and the long-haul unit of AirAsia Group Bhd, AirAsia X Bhd , have both cut staff and announced restructuring plans.
AirAsia Group has also lowered its market recovery expectations.
The Malaysian arm of Indonesia's Lion Air, Malindo Air has also launched a retrenchment exercise.

Posted by Legend > 2020-11-11 23:10 | Report Abuse

One day only...lembik!

Posted by MasterYoda > 2020-11-12 03:09 | Report Abuse

Will bankrupt also not so soon,take opportunity of the sentiment,timing very important,today i just sapu at 0.06,tp0.10 no problem :)

Posted by feyn402 > 2020-11-12 10:00 | Report Abuse

0.05~~

Posted by Sweetchocalates > 2020-11-12 15:44 | Report Abuse

Qr report coming. It's gonna be ugly. Those queue pls wait lower. If not gap down. Still got time to take advantage of the sentiment play

Posted by tajai > 2020-11-12 22:47 | Report Abuse

Need opinion from you guys.
Can I average down my share in aax?
I bought at 0.505 with 20000 shares.
Plan tu buy again at price 0.05 about 60000 or more.
If sell now.. Lost about 9k

Posted by ppp888 > 2020-11-12 23:25 | Report Abuse

Still got people buying this stock!!! I am really shocked.

Posted by Onlineone > 2020-11-13 10:43 | Report Abuse

ppp888... yeah me too... Why la?... better don't go in.

Posted by Rajaswaran Tharmalingam > 2020-11-13 12:08 | Report Abuse

@tajai, if you have the resource, patience and or tolerance for loss, averaging down is an option. I am not an expert investor like many here but that's just my simple thoughts.... Personally, i bought AAX shares recently and will continue to collect more. Risk is definitely there, as always, and i clearly know what i am getting into.... on a side note, wishing everyone HAPPY HOLIDAYS, AND HAPPY DEEPAVALI (STAY SAFE FOLKS)

Posted by kukubesi > 2020-11-13 12:56 | Report Abuse

@tajai ... huh so much ka? if can buy and hold no problem.

Posted by stockpip > 2020-11-13 13:22 | Report Abuse

tajai, keep yourself inform all the time on aax. So that it won't fall into PN17 or whatever. The logical steps is to buy more now to average down on your holdings because we have seen how it gap up with the vaccine news. Could see more good news in weeks to come. God bless.

Posted by zyde > 2020-11-13 22:07 | Report Abuse

HAPPY HOLIDAYS, AND HAPPY DEEPAVALI to Rajaswaran and those celebrating. Hope to see more good news on Covid vaccine.

Posted by EVO118 > 2020-11-14 18:21 | Report Abuse

tajai, I will cut loss there won't be any RI. If Tony after taking a big dividend pay out from AA & is not prepared to support it who is going to support ? Me, you & creditor!

Posted by EVO118 > 2020-11-14 18:23 | Report Abuse

If you can take profit than you must be prepared to take a loss. Call it a lesson learnt.

Posted by EVO118 > 2020-11-14 18:26 | Report Abuse

Maybe one more chance if the vaccine is available soon, before the creditors close the door. MAD. Who is going to agree to write off 90%?

Posted by EVO118 > 2020-11-14 18:28 | Report Abuse

IT'S GONE! BETTER BELIEVE IT! TONY HAS GOT HIS MONEY OUT ALREADY.

Posted by Rajaswaran Tharmalingam > 2020-11-15 22:06 | Report Abuse

@zyde Thank you bro, much appreciated. Stay safe :)

Posted by tajai > 2020-11-16 11:09 | Report Abuse

Thanks you guys... Much appreciated your feedback..

Posted by EVO118 > 2020-11-16 11:43 | Report Abuse

tajai. If you are still thinking of averaging down take the 0.04 when it close the gap, not above.

Posted by Sweetchocalates > 2020-11-16 17:06 | Report Abuse

Someone bought 200k lot at 0.60 and another at 0.065.

Posted by MasterYoda > 2020-11-16 23:07 | Report Abuse

Moderna shares soar after data shows Covid vaccine is more than 94% effective https://www.cnbc.com/2020/11/16/moderna-says-its-coronavirus-vaccine-is-more-than-94percent-effective.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Posted by MasterYoda > 2020-11-16 23:08 | Report Abuse

Prepare to fly tmw :)