AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

1.37

Today's Change

+0.16 (13.22%)

Day's Change

1.14 - 1.40

Trading Volume

19,311,500


51 people like this.

44,955 comment(s). Last comment by Sslee 12 hours ago

klee

2,946 posts

Posted by klee > 2023-03-14 12:10 | Report Abuse

global banking crisis so what?aax day day green haha

klee

2,946 posts

Posted by klee > 2023-03-14 12:11 | Report Abuse

the message is clear as daylight

mlike

1,022 posts

Posted by mlike > 2023-03-14 15:20 | Report Abuse

Cut vega

KingKKK

361 posts

Posted by KingKKK > 2023-03-14 15:20 | Report Abuse

On the way to RM3.36 ! AAX at 3x PE means should reach RM3.36, China reopening impact is definitely will bring more tourists to Malaysia. Article from Nanyang as below on China reopening impact to tourism industry in Malaysia.

https://www.klsescreener.com/v2/news/view/1124495

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-14 15:22 | Report Abuse

holland is good land. now is bear market. why you trust its pump. lol.

mlike

1,022 posts

Posted by mlike > 2023-03-14 15:26 | Report Abuse

Cut cut veggies cut cut veggies….

mlike

1,022 posts

Posted by mlike > 2023-03-14 15:27 | Report Abuse

Holland ticket is cheap now, all can go….

mlike

1,022 posts

Posted by mlike > 2023-03-14 15:28 | Report Abuse

One way direct fly tickets are free now….

mlike

1,022 posts

Posted by mlike > 2023-03-14 15:29 | Report Abuse

5,000,000 free seats

mlike

1,022 posts

Posted by mlike > 2023-03-14 15:33 | Report Abuse

Veggies on board…

anisayob

292 posts

Posted by anisayob > 2023-03-14 16:02 | Report Abuse

1.14 major support...
1.18 support...
1.23 resistance...
1.29 major resistance...

Star111

180 posts

Posted by Star111 > 2023-03-14 16:03 | Report Abuse

Buy afternoon sell next morning. The best. Or lazy just hold. Up up up

klee

2,946 posts

Posted by klee > 2023-03-14 16:14 | Report Abuse

Anisayob,i sell first,mkt too teruk.Will buy back .Good luck.

Sslee

4,717 posts

Posted by Sslee > 2023-03-14 16:30 | Report Abuse

All three groups of creditors of Malaysian long-haul low-cost airline AirAsia X (AAX) have agreed to a restructuring scheme that proposes to pay just 0.5%

The first class of AAX creditors includes airports, financial institutions and maintenance providers.

The second class includes engine suppliers, lessors, trade creditors, travel agents and passengers.

The final group is planemaker Airbus

The 0.5% of debt owed to each creditor will be paid from operating cash flow one year after the debt restructuring goes into effect, the airline said in the document.

AAX also proposed that if it were to garner more than 300 million ringgit in annual earnings before interest, tax, depreciation and amortisation, lease rentals and restructuring costs during its 2023-2026 financial years, all creditors except Airbus would be entitled to 20% of those earnings.

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-14 16:31 | Report Abuse

Holland is nice

Posted by StartOfTheBull > 2023-03-14 16:53 | Report Abuse

With master fear mongers appear, you can rest assured have better chance to collect at lower price. (Laugh)

anisayob

292 posts

Posted by anisayob > 2023-03-14 17:07 | Report Abuse

1.14 support holds... 1.18 resistance... Today 1 red candle after 7 days of green candle ... Tomorrow let's see if support at 1.14 holds...

anisayob

292 posts

Posted by anisayob > 2023-03-14 17:52 | Report Abuse

Klee if U untung,sell la... No worries... Can buy back later... I'm too lazy to sell... Already niat nk tunggu next quarter report... Just riding the uptrend till it bends...

mf

27,854 posts

Posted by mf > 2023-03-15 04:44 |

Post removed.Why?

Sslee

4,717 posts

Posted by Sslee > 2023-03-15 07:46 | Report Abuse

Part of AAX PN17 regularisation plan is debts restructure, capital reduction and 10 to 1 share consoludation follow by a renounceable rights issue of new shares to raise gross proceeds of up to RM300 million from its existing shareholders, and an issuance and allotment of new AAX shares to raise another RM200 million.

Stony did not carried out the RM 500 million capital cash call and now intent to inject CapitalA aviation with its billions in net liabilities into AAX for maybe billions of AAX share to CapitalA which will then be distributed to all the CapitalA shareholders.

So AAX will then need another round debts restructure, capital reduction, share consolidation and capical cash call again to get out of PN17.

speakup

25,079 posts

Posted by speakup > 2023-03-15 07:55 | Report Abuse

As i say, Tony is moving all the s-h-i-t from capitala to aax
He is trying to save capitala first. If one must go down, it is aax

anisayob

292 posts

Posted by anisayob > 2023-03-15 09:17 | Report Abuse

1.23 is going to breaks... InshaaAllah...

anisayob

292 posts

Posted by anisayob > 2023-03-15 09:40 | Report Abuse

1.23 BREAKS LIAO!!! AGAIN!!! POWER TODAY!!! Going to test 1.29... Here we go again... Maybe another 3 white soldier...???InshaaAllah...

Star111

180 posts

Posted by Star111 > 2023-03-15 09:56 | Report Abuse

If TF is smart, do some promo like MAS, fly combo for AA, will get immediate cash in no time.

Posted by sinkalan2015 > 2023-03-15 09:57 | Report Abuse

1.23? too low la. Tony thought that we are gonna sell for him to buy back at lower price, no way. Im not gonna sell before 1 April, when China open for tourist visa! Go Go Go RM2.00!!

Star111

180 posts

Posted by Star111 > 2023-03-15 09:59 | Report Abuse

Hehehe. Wait for afternoon to pick up cheap units. Nice.

Posted by sinkalan2015 > 2023-03-15 10:03 | Report Abuse

AAX to go PN17? look at the demand right now! Their recent promotion, i can't even get a single ticket to Taiwan or Japan. This year's tickets fully sold out! Just wait for the next QR!

Sslee

4,717 posts

Posted by Sslee > 2023-03-15 10:56 | Report Abuse

Someone do not know AAX and CapitalA is a PN17 company!!!

sinkalan2015 AAX to go PN17? look at the demand right now! Their recent promotion, i can't even get a single ticket to Taiwan or Japan. This year's tickets fully sold out! Just wait for the next QR

Syarikat PN17 dan GN3
List updated: 8 March 2023

PN17 Companies
AIRASIA X BERHAD
ALAM MARITIM RESOURCES BERHAD
ASIA MEDIA GROUP BERHAD
BARAKAH OFFSHORE PETROLEUM BERHAD
BERTAM ALLIANCE BERHAD
CAPITAL A BERHAD (FORMERLY KNOWN AS AIRASIA GROUP BERHAD)
COMINTEL CORPORATION BERHAD
DOLOMITE CORPORATION BERHAD (IN LIQUIDATION)
E.A.TECHNIQUE (M) BERHAD
FSBM HOLDINGS BERHAD
IQZAN HOLDING BERHAD
IREKA CORPORATION BERHAD
IVORY PROPERTIES GROUP BERHAD
JERASIA CAPITAL BERHAD
KHEE SAN BERHAD
KNM GROUP BERHAD
KONSORTIUM TRANSNASIONAL BERHAD
PERAK CORPORATION BERHAD
PHARMANIAGA BERHAD
PROPEL GLOBAL BERHAD (FORMERLY KNOWN AS DAYA MATERIALS BERHAD)
SAPURA ENERGY BERHAD
SARAWAK CABLE BERHAD
SCOMI ENERGY SERVICES BERHAD
SCOMI GROUP BERHAD
SEACERA GROUP BERHAD
SERBA DINAMIK HOLDINGS BERHAD (IN LIQUIDATION)
TOP BUILDERS CAPITAL BERHAD
GN3 Company
LAMBO GROUP BERHAD
The status of these companies are set out in the attachment below.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-03-15 10:59 | Report Abuse

That's why you have people with names like Sin Ka lan........LOL

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-03-15 11:00 | Report Abuse

BTW
This Sin Ka Lan is different for the other Sin Kar Lan (sin kor)

Posted by Sarcasm777 > 2023-03-15 14:43 | Report Abuse

Boring la Sslee. No one’s gonna care about your debt and PN17 story anymore. I’m not denying it, but it’s just a matter of time before they come out of it. This is your last ditch effort to screw this company verbally before they emerge from covid so work harder. Don’t give up.

Posted by sinkalan2015 > 2023-03-15 15:12 | Report Abuse

come on. I know what is PN17. I mean they will make things out of it. if you are not a believer it's ok.

7chewe

397 posts

Posted by 7chewe > 2023-03-15 16:32 | Report Abuse

momentum is great, tmrrw shall break 1.30

Posted by insidemymind > 2023-03-15 16:39 | Report Abuse

I love pn17 company

Posted by StartOfTheBull > 2023-03-15 16:49 | Report Abuse

Stony Lee ran out of idea to praise "her" boy friend TF that's why AAX price shot up again?

anisayob

292 posts

Posted by anisayob > 2023-03-15 16:52 | Report Abuse

Tomorrow can break 1.29... InshaaAllah... Total 1 red candle, 8 green candle... March is a fun month for AAX... So far so good...

Star111

180 posts

Posted by Star111 > 2023-03-15 19:02 | Report Abuse

Unbelievable, tmrw buy more. Anyone has counters performing like this please do share share, want to make back money spent during pandemic.

The_JQuestion

1,520 posts

Posted by The_JQuestion > 2023-03-15 21:49 | Report Abuse

yes whack only ... till maximum i can
china reopen still wait?? whack only no regret super app airasia ready to fly up n away

Vhydro

1,553 posts

Posted by Vhydro > 2023-03-15 22:08 | Report Abuse

Star111

Unbelievable, tmrw buy more. Anyone has counters performing like this please do share share, want to make back money spent during pandemic.

>> KNM if you dare.. lol

Sslee

4,717 posts

Posted by Sslee > 2023-03-16 07:40 | Report Abuse

SEPANG, 13 March 2023 ‒ AirAsia, the low-cost airline with the biggest fleet, widest network and lowest fares, continues to add more planes, more flights and more destinations across Asia and Asia Pacific and to celebrate, the airline has today launched a 10 million FREE* Seats Mega Sale to a myriad of destinations worldwide.

From now until 19 March 2023, value-seekers are in for a treat! Those looking to explore our picturesque domestic cities can fly to Langkawi, Penang, Johor Bahru and much more from only RM23* one way. Seats to a wide range of exciting destinations in Asean such as Jakarta, Bali, Bangkok, Ho Chi Minh City, and many more are also available from just RM60* one way. The sale ends this Sunday, 19 March 2023 for a travel period between 4 September 2023 and 13 Aug 2024, so get in quick and start planning your vacations early to secure the best value deals!

For globe-trotters wishing to spread their wings and fly a little further, AirAsia X has got you covered. From just RM329* all-in one-way fare, adventure-seekers can make their way to the pristine beaches of Perth, food-and-shopping haven Taipei or bustling Tokyo. Those looking for a little plush and comfort need not look further - book your premium flatbed seats to these and many more long haul destinations from only RM1,299. This promo price is valid from now till 19 March 2023, for travel between 4 September 2023 and 9 July 2024.

AirAsia’s recently-resumed routes to China are also on sale. Fly from Kuala Lumpur to Hangzhou, Shanghai, Beijing (Daxing), Guangzhou, Shenzhen and Kunming from just RM599* one-way, from Kota Kinabalu to Guangzhou and Shenzhen from just RM299* one-way and from Johor Bahru to Guangzhou from RM469* one-way. As part of BigPay and AirAsia’s strengthened partnership, BigPay users can enjoy a further 5% off all AirAsia flights with flight code ‘AK’ for a year by using the promo code “BIGPAY5”*. For more information on this exclusive promo, please visit: https://bigpay.link/bigpayxAA5

KingKKK

361 posts

Posted by KingKKK > 2023-03-16 09:02 | Report Abuse

China reopening is a global trend for the whole 2023. Stock market looks at the future earnings for the net 6 months. The PN17 is history, everyone knows it so already priced in.

Based on the data in this article quoting data from Cirium, number of flights to China will increase 259% from January to May.

https://www.flightglobal.com/networks/airlines-bide-their-time-on-capacity-after-rapid-china-reopening/152443.article

KingKKK

361 posts

Posted by KingKKK > 2023-03-16 09:03 | Report Abuse

RM3.36 for AAX looks seriously realistic if China reopening continues. AAX at 3x PE means should reach RM3.36.

anisayob

292 posts

Posted by anisayob > 2023-03-16 09:04 | Report Abuse

BREAKS 1.29 !!! WOW!!!

anisayob

292 posts

Posted by anisayob > 2023-03-16 09:14 | Report Abuse

1.37 appears to be new resistance... Support at 1.29...

anisayob

292 posts

Posted by anisayob > 2023-03-16 09:18 | Report Abuse

Alhamdulillah...

anisayob

292 posts

Posted by anisayob > 2023-03-16 09:38 | Report Abuse

Hopefully supports at 1.29 can holds strong... Market so bad...

anisayob

292 posts

Posted by anisayob > 2023-03-16 10:32 | Report Abuse

China officially opens today... Everyone can fly...

Star111

180 posts

Posted by Star111 > 2023-03-16 10:47 | Report Abuse

Wow, all rich tai tai come shopping

anisayob

292 posts

Posted by anisayob > 2023-03-16 11:00 | Report Abuse

Waiyo... Looks like they're going to try to test 1.37 again... Power ke X power X tau lah... Hope they power lah...

anisayob

292 posts

Posted by anisayob > 2023-03-16 12:25 | Report Abuse

1.37 SUDAH PECAH!!! POWER!!!

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