Posted by SmartInvestor8877 > 2020-12-14 23:36 | Report Abuse

Share consolidation is good for AAX

Posted by giinyang520 > 2020-12-14 23:41 | Report Abuse

Sweet Chocolates make a very good sense kick in

Posted by john1 > 2020-12-14 23:54 | Report Abuse

Hahahaa. Right time to shine

Posted by btuscy > 2020-12-15 01:56 | Report Abuse

https://www.theedgemarkets.com/article/airasia-x-raising-rm300-million-call-cash-and-rm200-million-through-share-subscription-new

Under the issuance and allotment of shares to new investors, AAX said the SPV incorporated by Lim will commit a minimum subscription of RM50 million.

On top of that, the SPV will also be given an option to subscribe to an additional 15% of the enlarged total number of AAX shares after the proposed rights issue and share subscription.

==========================
to make it simple for newbies like me, what it meant was AAX formed SPV lead by Datuk Lim to buy RM50million worth of shares and buy additional 15% from total market shares!

it means will fly higher ok ?

Posted by mf > 2020-12-15 05:14 | Report Abuse

KUALA LUMPUR: Pembukaan semula sempadan negeri sejak 6 Disember lalu memberi kelegaan kepada sektor penerbangan domestik dan mengembalikan prospek positif ke atas industri yang begitu terjejas oleh COVID-19.

Ketua Pegawai Eksekutif AirAsia Malaysia, Riad Asmat, berkata sejak pembukaan semula sempadan negeri, kadar jualan tempat duduk syarikat penerbangan tambang rendah itu meningkat sekitar tiga kali ganda berbanding tempoh sekatan dikuatkuasakan.

Katanya, antara laluan penerbangan yang paling popular ditempah adalah Kuala Lumpur-Langkawi, Kota Bharu-Kuala Lumpur, Kota Kinabalu-Tawau, Langkawi-Pulau Pinang dan Kuala Lumpur-Pulau Pinang.

"Permintaan perjalanan di semua hab kami menunjukkan peningkatan yang tinggi. AirAsia cuba untuk memenuhi permintaan perjalanan di dalam pasaran, malah kami sudah memperluaskan jaringan domestik dengan lapan lagi laluan baharu.

Posted by Steady Punpipi > 2020-12-15 07:57 | Report Abuse

How much can you lose today ? Protect your fund or be slaughtered by the sharks merciless

Posted by nik5007 > 2020-12-15 08:31 | Report Abuse

Gogogo. Fly to the moon.for sure. Xkan sampai mati nk drive mehh

Posted by xytraders > 2020-12-15 08:58 | Report Abuse

i sold aax yesterday, good luck

Posted by ZoeZoe > 2020-12-15 09:00 | Report Abuse

this news is good or bad! we are actually funding a bankrupt company...... but it is a monopoly for budget travel in ASEAN region! so .....

Posted by DrJoel88 > 2020-12-15 09:14 | Report Abuse

See the political news sentiment on the stock prices!! Grrr!!! Bound to happen always

Posted by Fish herman > 2020-12-15 09:15 | Report Abuse

Chill la haha

Posted by Fish herman > 2020-12-15 09:21 | Report Abuse

AAX will not bankrupt, now that vaccine is approved in many countries. UK and Singapore at least.

Posted by Sathya9121 > 2020-12-15 09:31 | Report Abuse

buyers more than sellers...

Posted by Miey089 > 2020-12-15 09:35 | Report Abuse

This is only one airline in malaysia still moving..better u saving u money bawah bantal..

Posted by sheep > 2020-12-15 09:36 | Report Abuse

get extra cash ready.......rights issues cost lots of money....wakakakaka

Posted by bjgdila123 > 2020-12-15 09:46 | Report Abuse

Pbb tp only 0.01 Omg

Posted by MOHDYANI > 2020-12-15 09:52 | Report Abuse

Da naik byk hari, so kene turun kejap ambil momentum utk naik lebih tgi. Terpulang pada Tuan2 utk invest atau jual. Sebab duit tuan2..

Posted by Jom123 > 2020-12-15 10:03 | Report Abuse

Betui tu..AAX isi minyak dlu..hehe

Posted by giinyang520 > 2020-12-15 10:05 | Report Abuse

If Tony want do Share consolidation & RI, it will push to a certain price then only conso as I believe Tony will aim higher if want to do conso. For RI, yes i does admit need more cash standby to subscribe. So now we can see that Tony is plan to conso at 10 - 12 cents range and push it min RM 1 - RM 1.20 range based on bottom line chart. Feel free to discuss and dont ambush me ya haha

Posted by DingHai888 > 2020-12-15 10:12 |

Post removed.Why?

Posted by night_shadow > 2020-12-15 10:27 | Report Abuse

Let's be realistic guys... ZERO AAX aircrafts are flying right now, So ZERO revenue with millions of debt accumulating every month, So like most analysts said, Airlines would only recover by 2022 or earliest by end of 2021

Posted by Fish herman > 2020-12-15 10:47 | Report Abuse

They are working on it. Let's be realistic, do you think people who buy TESLA because they made money as much as their market valuation? Lol. They bought it for Tesla future. Like AAX

Posted by giinyang520 > 2020-12-15 10:51 | Report Abuse

Agree with Fish Herman. Nowadays stock buy for future potential growth and the result will speak for you when time come. When good result post out only buy, i think is too late for that? lol

Posted by MOHDYANI > 2020-12-15 11:16 | Report Abuse

Sy beli aax utk invest smpai tahun depan.
Kenapa sy beli.
Sebab vaccine is about to come. Government akan fikir utk naikkan ekonomi, salah satu flight kene jalan. Bila dia jalan tu depend on situasi. Kalu awal, rezeki shareholders.. Kalu plan Tuan2 utk intraday, kaunter2 lain masih byk..

Posted by limyuwei > 2020-12-15 11:30 | Report Abuse

Reduction of existing share capital to 1.5mil + raise new capital of 500mil. This will mean existing shareholders, will see their share diluted to 0.3%, from 100%.

Posted by btuscy > 2020-12-15 11:32 | Report Abuse

those yesterday still hoping it to go down?

Posted by Hairul Hafizy > 2020-12-15 12:13 | Report Abuse

heavy buying at 0.095..

Posted by giinyang520 > 2020-12-15 12:14 | Report Abuse

Surprised at the buying volume at 0.095 despite everyone say run...

Posted by Fish herman > 2020-12-15 12:23 | Report Abuse

consolidation la lol. fakers

Posted by btuscy > 2020-12-15 12:43 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/12/15/quick-take-airasia-x-falls-9-on-rights-issue

Under the plan, a special purpose vehicle company incorporated by Datuk Lim Kian Onn (SPV) will subscribe up to RM200 million shares in AAX.

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

@giinyang520, not everyone, just those who miss aax flight then got fak in the baht in glove

Posted by Zuliana > 2020-12-15 12:52 | Report Abuse

Apa takut? Stony & Kama masih tak jual shares AAX mereka.
Jadi, jangan takut.

Posted by Zuliana > 2020-12-15 12:54 | Report Abuse

Kalau Stony & Kama jual shares AAX mereka, saya pun takut nasib AAX lah.
So, Jangan takut Di sini

Posted by MOHDYANI > 2020-12-15 13:03 | Report Abuse

Nnt kalu depa jual bgtau ye.. Hehe

Posted by lamy92 > 2020-12-15 13:10 | Report Abuse

I tpup more today.. All inn

Posted by oskchoon > 2020-12-15 13:11 | Report Abuse

AAX announced Shares reduction of 90% value, Sell at 0.10 and buy back later at proposed RI of 0.05 or below.. Good luck..

Posted by Forcepre7238 > 2020-12-15 15:38 | Report Abuse

Tpup2

Posted by Sathya9121 > 2020-12-15 16:09 | Report Abuse

oskchoon if you sell your holdings there won't be rights issued to you

Posted by Flyinghorse > 2020-12-15 17:52 | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2020/12/15/lessor-boc-aviation-goes-to-court-over-airasia-x-restructuring/

Posted by john1 > 2020-12-15 20:58 | Report Abuse

Why this AAX comment silent now, make me afraid??????

Posted by Woodswater > 2020-12-15 21:45 | Report Abuse

https://www.enanyang.my/node/372739

Good news for airasia

Posted by ruby92 > 2020-12-15 21:49 | Report Abuse

https://www.channelnewsasia.com/news/singapore/singapore-approves-pfizer-biontech-covid-19-vaccine-phase-3-13769570

Posted by Vibes888 > 2020-12-15 22:03 | Report Abuse

Good news for Aax, it will survive and then thrive as Airasia needs it to be operational. All connecting Cargo and Pax is very essential for Airasia. So no way it's going down.

Posted by Vibes888 > 2020-12-15 22:06 | Report Abuse

My suggestion, buy now and keep if possible. Should be 100% returns, just a matter of time.

Posted by New2Invest > 2020-12-16 09:10 | Report Abuse

Price dropped, shd we top up or cut loss

Posted by Fish herman > 2020-12-16 09:20 | Report Abuse

It's healthy correction, don't worry. I top up haha. As the last operational aviation company in Malaysia, everything import exports depends on them ok. Just wait for Malaysia to approve vaccine, they have already allocated RM3Bil for vaccine. Logistics won't run away, importing vaccine from US. Long flight, AAX it is :) Singapore just approved few days back, Malaysia will be second/third I believe. Once vaccine approved by Malaysia, it will gap up, don't hope to buy in @ 0.09-0.1 again. You know it.

Posted by New2Invest > 2020-12-16 09:35 | Report Abuse

Thanks for the advice.
Just don’t understand how will the right issue matters affected the share price. Appreciate if anyone can guide me on this.

Posted by Vibes888 > 2020-12-16 09:39 | Report Abuse

Agreed with Fish Herman, Aax is still operating cargo flights from China but not as frequent as before.

Posted by sieng1987 > 2020-12-16 10:15 | Report Abuse

this doesnt look good guys

Posted by Flytothesky2 > 2020-12-16 10:21 | Report Abuse

Top up. Top up.