AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

1.55

Today's Change

-0.02 (1.27%)

Day's Change

1.54 - 1.59

Trading Volume

2,686,500


51 people like this.

44,982 comment(s). Last comment by paulthesotong 2 hours ago

bingoman

254 posts

Posted by bingoman > 2023-03-20 15:40 | Report Abuse

this round rm 1.8 take profit ^^

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-20 15:40 | Report Abuse

press more la. cb hotstuff

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2023-03-20 15:40 | Report Abuse

French defensess.

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-20 15:41 | Report Abuse

as i knew, this hotstuff tak larat.

mlike

1,022 posts

Posted by mlike > 2023-03-20 15:42 | Report Abuse

Roller coaster is coming!!!!!

Posted by sinkalan2015 > 2023-03-20 15:43 | Report Abuse

Tony is a sly! Know his pattern already. Wait for RM1 - RM1.10 to buy back. Just bought some capital A. Tony always play this game before covid. Now he's just repeating his trick. lol

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2023-03-20 15:44 | Report Abuse

Anything below 1.50sen we will buy back . Pump it dump it .

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2023-03-20 15:44 | Report Abuse

Anything below 1.50sen we will buy back . Pump it dump it .

Posted by sinkalan2015 > 2023-03-20 15:44 | Report Abuse

RM1.50? too high la. Below RM1. Don't forget China is still not opened and AAX is still a PN17 company.

bingoman

254 posts

Posted by bingoman > 2023-03-20 15:46 | Report Abuse

play short term bro. get around1.5, sell 1.7-1.8 profit

bingoman

254 posts

Posted by bingoman > 2023-03-20 15:46 | Report Abuse

chance for AAX from 1.5 to rm 1.8 is higher than CapitalA from 80sen to RM 1.

bizbro

148 posts

Posted by bizbro > 2023-03-20 15:50 | Report Abuse

guess airasia is not flying again

TomYam

121 posts

Posted by TomYam > 2023-03-20 15:53 | Report Abuse

Big boys run road liao. Long way to go before AAX exit PN17.

icecool

4,802 posts

Posted by icecool > 2023-03-20 15:57 | Report Abuse

technical rebound

Star111

180 posts

Posted by Star111 > 2023-03-20 16:07 | Report Abuse

Die die also hold, long term sure fly, only sector can do is travel.

TomYam

121 posts

Posted by TomYam > 2023-03-20 16:11 | Report Abuse

Only short covering & the die hard gamblers flogging a dead horse.

shiji93

47 posts

Posted by shiji93 > 2023-03-20 16:12 | Report Abuse

end game for AAX if no sign of rebounding.

mlike

1,022 posts

Posted by mlike > 2023-03-20 16:26 | Report Abuse

Lost confidence.. don’t know who is correct? Hold or sell…

mlike

1,022 posts

Posted by mlike > 2023-03-20 16:26 | Report Abuse

Too sad..

icecool

4,802 posts

Posted by icecool > 2023-03-20 16:29 | Report Abuse

better eat lobster before too late

Posted by heisenbergxv4 > 2023-03-20 16:30 | Report Abuse

Stuck in pn17, infinite loop

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-20 16:32 | Report Abuse

AAloop

shiji93

47 posts

Posted by shiji93 > 2023-03-20 16:51 | Report Abuse

worst case scenario back to 0.9 or lower, >40% loss. Trade at your own risk

bingoman

254 posts

Posted by bingoman > 2023-03-20 16:53 | Report Abuse

i buy 1.53, wait rebound ^^

mlike

1,022 posts

Posted by mlike > 2023-03-20 17:19 | Report Abuse

When song stop, who lose the chair? Your chair still with you?

Jokers2020

2,006 posts

Posted by Jokers2020 > 2023-03-20 17:42 | Report Abuse

it will be CapitalA turn to dance

Posted by StartOfTheBull > 2023-03-20 19:28 | Report Abuse

SIA down 2.97%. So AAX is not alone.

$$ BUYSELL $$

1,711 posts

Posted by $$ BUYSELL $$ > 2023-03-20 19:29 | Report Abuse

falling knife

$$ BUYSELL $$

1,711 posts

Posted by $$ BUYSELL $$ > 2023-03-20 19:30 | Report Abuse

anything up must come down...

$$ BUYSELL $$

1,711 posts

Posted by $$ BUYSELL $$ > 2023-03-20 19:33 | Report Abuse

everytime buaya goreng at top will come down.

$$ BUYSELL $$

1,711 posts

Posted by $$ BUYSELL $$ > 2023-03-20 21:06 | Report Abuse

buaya cabut...

Joe

1,415 posts

Posted by Joe > 2023-03-20 21:33 | Report Abuse

Operator already expose his dirty game... Tomorrow maybe will drop free flow....

Joe

1,415 posts

Posted by Joe > 2023-03-20 21:38 | Report Abuse

PN17......cannot sustain!!!!! Operator already expose his dirty game.....

firehawk

4,772 posts

Posted by firehawk > 2023-03-20 21:55 | Report Abuse

Doesn't this reasonable after sharp rise? :-)

The_JQuestion

1,523 posts

Posted by The_JQuestion > 2023-03-20 22:20 | Report Abuse

Slrrrrpppp most valueble pn 17 !!!

cheeseburger

2,774 posts

Posted by cheeseburger > 2023-03-20 23:24 | Report Abuse

so where goes all the supporter? all in hiding today...

bingoman

254 posts

Posted by bingoman > 2023-03-20 23:25 | Report Abuse

buy low, tmr will up 1.6

Posted by sense maker > 2023-03-21 07:49 | Report Abuse

AAX’s maintainable eps is about RM0.50 a year. Any reorganisation or asset injection must be paid for by issuance of AAX’s shares at fair value based on that maintainable eps. and should be value-accretive to AAX’s shareholders. AAX has no borrowings now, as lease liabilities are basically capitalisation with a corresponding lease assets.

Posted by Jordan Toh > 2023-03-21 08:37 | Report Abuse

Boss2 sekalian, hari ni AAX ada terbang?

Sslee

4,864 posts

Posted by Sslee > 2023-03-21 08:42 | Report Abuse

The problem is Stony plans to divest CapitalA's aviation group with net current liabilities of RM (9,067,503,000) into AirAsia X in exchange of shares for subsequent distribution to its shareholders.

The announcement of the details of CapitalA' PN17 regularisation plan is by mid-April 2023. So stay tuned.

CharlesT

14,587 posts

Posted by CharlesT > 2023-03-21 08:44 | Report Abuse

Maybe rights issues of 10 for 1 at RM0.10 or RM0.20 or Rm0.30 etc

wkkht

952 posts

Posted by wkkht > 2023-03-21 09:18 | Report Abuse

https://www.youtube.com/watch?v=e8NrMgK--G8 AAX AIRASIA X 不要被假象迷惑.

https://www.youtube.com/watch?v=PkIdlDUd2BI AAX AIRASIA X PN17 炒作股.音乐几时会停下来?

Posted by StartOfTheBull > 2023-03-21 09:19 | Report Abuse

Stony SSlee is lying. He doesn't know Capital A will not necessarily submit its regularisation plan by mid-April 2023. The deadline for submission is actually 7 July 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3333366
--------------

Sslee

968 posts

Posted by Sslee > 31 minutes ago | Report Abuse

The problem is Stony plans to divest CapitalA's aviation group with net current liabilities of RM (9,067,503,000) into AirAsia X in exchange of shares for subsequent distribution to its shareholders.

The announcement of the details of CapitalA' PN17 regularisation plan is by mid-April 2023. So stay tuned.

The_JQuestion

1,523 posts

Posted by The_JQuestion > 2023-03-21 09:30 | Report Abuse

Interesting day ! nobody wanna push yet .. let's see!!

Sslee

4,864 posts

Posted by Sslee > 2023-03-21 09:44 | Report Abuse

StartOfTheBull Stony SSlee is lying. He doesn't know Capital A will not necessarily submit its regularisation plan by mid-April 2023. The deadline for submission is actually 7 July 2023.

Did I heard somone call Stony a liar?????

KUALA LUMPUR (Jan 12): Capital A Bhd is optimistic about its potential growth this year, following a strong rebound in travel demand post Covid, and expects to be out of Practice Note 17 (PN17) status by the end of this year, said chief executive officer Tan Sri Tony Fernandes.

He said the investment holding group, which is involved in aviation, logistics, lifestyle, and financial services ventures, plans to submit its finalised regularisation plan to Bursa Malaysia as early as February.

“We can be out of PN17 status, definitely this year, and I hope much earlier than that. All of the consultants are now going through all the work.

“We hope to submit to Bursa somewhere between February and April. Once we get the approval, then we will go through it,” he told reporters on the sidelines of the airasia Super App rider and driver appreciation event here on Thursday (Jan 12).

Posted by StartOfTheBull > 2023-03-21 09:53 | Report Abuse

It is you Stony SSlee, not Tony Fernandes.
The deadline for regularisation plan for Capital A is 7 July 2023, it is not mid of April.
If Stony SSlee you are not lying you are misleading readers here.

bingoman

254 posts

Posted by bingoman > 2023-03-21 10:03 | Report Abuse

1.3 can buy now?

shiji93

47 posts

Posted by shiji93 > 2023-03-21 10:07 | Report Abuse

Rule of thumb, cut around 20% loss if there is no sign of rebounding. But choice is all yours.

Sslee

4,864 posts

Posted by Sslee > 2023-03-21 10:09 | Report Abuse

So someone is saying CapitalA' managememt gave a misleading analysts' briefing to IBs that cover CapitalA stock????

Kenanga Research analyst Raymond Choo Ping Khoon had also upgraded Capital A’s TP to 67 sen, from 60 sen previously, but maintained his ‘market perform’ recommendation, as Capital A’s FY2022 result came in within its forecast.

“We continue to like Capital A for it being a beneficiary to the recovery in air travel as the pandemic comes to an end, its growing digital business, leveraging on its strong AirAsia brand and AirAsia’s existing client base, and its dynamic and visionary leadership that should help to steer it out of the current financial difficulty,” said Choo.

Nonetheless, Choo said that he is mindful that Capital A is still a PN17 company.

Quoting from Capital A’s analysts' briefing, Choo said the group plans to announce the details of its PN17 regularisation plan by mid-April 2023 with completion expected by the end of the third quarter of 2023.

“We gathered that the group plans to divest its aviation group to AirAsia X in exchange for shares for subsequent distribution to its shareholders,” Choo added.

Posted by StartOfTheBull > 2023-03-21 10:11 | Report Abuse

It all started from 50c, at some point correction is inevitable.

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