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 hour ago

Posted by StartOfTheBull > 2023-03-24 12:17 | Report Abuse

Friday, the selling frenzy day, across the board.

dericsia

14 posts

Posted by dericsia > 2023-03-24 12:23 | Report Abuse

RM1.20. Time to get my AAX ticket and get ready to fly next week

Posted by NatsukoMishima > 2023-03-24 12:56 | Report Abuse

AAX fair value only rm 0.08 , they cant cope with the hige debts , they wont out from PN17 ! IT S TIME to cut vege , enjoy the feast all naive bodoh greedy gamblers who like fast money !

Be a value investor today , dont be a gambler again !

Posted by NatsukoMishima > 2023-03-24 13:00 | Report Abuse

,@Sslee

980 posts

Posted by Sslee > 18 hours ago | Report Abuse

Are you saying some sydicate members were selling left hand to right hand and then right hand to left hand to pump and dump?

Posted by purple70 > Mar 23, 2023 6:09 PM | Report Abuse
If one adds the total trade of last 2 weeks, its more than the no of shars in issues and yet SC is so quiet about it!
____
Wow , u are first day in bursa malaysia ah , left right hand also dont know ?

Good123

26,681 posts

Posted by Good123 > 2023-03-24 13:13 | Report Abuse

Aax probably falls back to the same price like capita A, then share issued to capita A to ambil its airlines biz to resolve pn17 for both companies... Touch wood


Probably right issue for these companies that dilute existing shareholders greatly.. a big risk too

Good123

26,681 posts

Posted by Good123 > 2023-03-24 13:14 | Report Abuse

Right issue for capita A n aax to get out of pn17 is very likely too...

Trade with care :)

Star111

180 posts

Posted by Star111 > 2023-03-24 13:53 | Report Abuse

Right issue also wont be more than 50 cents, run!!!!

Posted by sense maker > 2023-03-24 14:08 | Report Abuse

AAX is financially sound as it is. Any right issue is optional as it doesn’t need additional cash to run its operations normally. Issuance of new shares to pay for aviation biz from capital A will be sufficient to wipe off its accumulated losses. AAx needs no cash calls or creditor payments rescheduling in the upcoming reorganisation.

On the other hand capital A most certainly need to do a rights issue mayb around RM2-3b in conjunction with rescheduling of payment terms with lenders and creditors of around RM2-3b too, so that it can run its operations normally and that it’s accumulated losses can be wiped off.

Capital A and AAX is currently valued at RM3.5b combined. At its peak they two can generate RM2b net profit a year. The current market valuation is definitely not demanding.

Capital A doesn’t control aax. Each has very different shareholders. Their respective valuations for the purpose of share issuance by aax to capital A shareholders will have to reflect their respective existing financial conditions and future profitability.

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-03-24 14:30 | Report Abuse

40% drop from 1.80 gameee that one day green really was a trap

Posted by sense maker > 2023-03-24 14:41 | Report Abuse

RM1.82 to RM1.17 in a week.

CapitalB

133 posts

Posted by CapitalB > 2023-03-24 15:09 | Report Abuse

Fren.. Aax came up from.80sen within a week ok... Still got a lot of room to drop.. Mayb below rm1...

CapitalB

133 posts

Posted by CapitalB > 2023-03-24 15:09 | Report Abuse

But capital A...

tonygofly

285 posts

Posted by tonygofly > 2023-03-24 16:07 | Report Abuse

Vroom vroom?

leospirit

56 posts

Posted by leospirit > 2023-03-24 16:12 | Report Abuse

kan bagus kalau setiap hari ada lebih 10 share aktif naik turun macam aax baru meriah

Star111

180 posts

Posted by Star111 > 2023-03-24 16:23 | Report Abuse

Vroom to 50 cents

mlike

1,022 posts

Posted by mlike > 2023-03-24 17:00 | Report Abuse

Yup, Vroom to 50 cents

julian1981

900 posts

Posted by julian1981 > 2023-03-24 17:47 | Report Abuse

everyone can fly now..happy to fly with AAX recently..

Posted by sense maker > 2023-03-24 18:09 | Report Abuse

AAX wanna issue new shares, tak kan bagi jatur 99 dulu, baru issue at cheap prices.

Income

12,507 posts

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

Jap Nat, you forever everyday teaching stock classes in so many counters. You teaching gloomy things. I scare to listen to you.


Posted by NatsukoMishima > 10 hours ago | Report Abuse

AAX fair value only rm 0.08 , they cant cope with the hige debts , they wont out from PN17 ! IT S TIME to cut vege , enjoy the feast all naive bodoh greedy gamblers who like fast money !

Be a value investor today , dont be a gambler again !

anisayob

292 posts

Posted by anisayob > 2023-03-25 09:33 | Report Abuse

Lower highs... Lower lows...
Still downtrend... Only suitable for FIFO... Can try q buy at support 1.14 & 1.10... If U look at heikin aishi candle,already 4 black crows... But if U look at normal candle,it looks like sandwich pattern...
Both bearish...

Posted by sense maker > 2023-03-25 09:38 | Report Abuse

Tony won’t and shouldn’t sell its shares cheap via rights or special issue for biz acquisition. Minority shareholders won’t agree as they know AAX is financially sound as it is. It is time for rebound next Monday.

anisayob

292 posts

Posted by anisayob > 2023-03-25 09:52 | Report Abuse

Bcoz this counter has an operator... So it's hard to predict what he's gonna do next... I long suspected it's the same operator for dataprp...
Looking at the charts,it's going down again... But if the sharks wants to push,bagus lah... YTJT...

Posted by NatsukoMishima > 2023-03-25 10:54 | Report Abuse

NatsukoMishima

5,333 posts

Posted by NatsukoMishima > 2 minutes ago | Report Abuse

Only one way can cover back all your losses , buy in dnex , swift haulage , ranhill , vstecs , keep for mid to long term to enjoy 10 folds gain !

Income

12,507 posts

Posted by Income > 2023-03-25 13:57 | Report Abuse

Addicted to AAx???

Posted by 9vegetable > 2023-03-25 18:22 | Report Abuse

luckily run earlier. goreng counter all become 9 vege

Posted by NatsukoMishima > 2023-03-25 20:24 | Report Abuse

AAX thanks all for clearing its debt loans !

Good123

26,681 posts

Posted by Good123 > 2023-03-26 07:03 | Report Abuse

Monopoly will be broken... More competition introduced for people sake:)

https://dayakdaily.com/myairline-mulls-introducing-kuching-miri-route/

Posted by value_seeker > 2023-03-26 07:26 | Report Abuse

This need new capital injection for operation liquidity.

Posted by StartOfTheBull > 2023-03-26 14:06 | Report Abuse

Watch out for the crucial dates, on or before 28 April 2023, the deadline for submission of Regularisation plan for AAX. The possible outcomes are:
1. Extension of the plan for another date.
2. Regularisation plan submitted to the authorities.
Within these days from tomorrow trading may remain very active.
The big question is will the plan holistically include Capital A?

icecool

5,047 posts

Posted by icecool > 2023-03-27 16:12 | Report Abuse

wait for 0.9 and below

aaxRm4

1 posts

Posted by aaxRm4 > 2023-03-27 19:11 | Report Abuse

Tommorow limitup
Whoever buy today ,lough all the way to bank.
Inverted hammer!!!!!
After selldown ,tommorow up 0.30 cent

teknikal

184 posts

Posted by teknikal > 2023-03-28 09:34 | Report Abuse

In case you all don't know what is INVERTED HAMMER,

It is BULLISH sign.

This inverted hammer thing is a pattern for technical analysis that can spot possible trend reversal in the financial instrument price. Bro, when the open, high, and close prices are like almost the same, and got long shadow on top, and little or no shadow below, then that's it. It's like the buyers push the price up a lot during trading session, but then kena overpowered by sellers, and then the price close near the opening level.

Anyway, if this pattern appears after a downtrend and the next trading session starts with a higher price than the inverted hammer's closing price, it's a good sign.

Posted by EatCoconutCanWin > 2023-03-28 10:46 | Report Abuse

Woi.. kena UMA still active. Report to sc SKMM SC SPRM

Johnngg

21 posts

Posted by Johnngg > 2023-03-28 10:55 | Report Abuse

Fasten seat belt...

northside

137 posts

Posted by northside > 2023-03-28 11:04 | Report Abuse

Laugh all the way to bank

Star111

180 posts

Posted by Star111 > 2023-03-28 11:46 | Report Abuse

Lol. Hanmer wih knives

Posted by EatCoconutCanWin > 2023-03-28 12:49 | Report Abuse

Degil betui la aax. Mau kena report baru di otakkan

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-03-28 15:23 | Report Abuse

closing important this week green !!

morganlee

341 posts

Posted by morganlee > 2023-03-28 17:51 | Report Abuse

my friend sold alreado

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-03-29 22:11 | Report Abuse

Prime Minister Anwar Ibrahim’s three-day official visit to China from tomorrow

JovaneChua

522 posts

Posted by JovaneChua > 2023-03-30 04:21 | Report Abuse

good news, 30%

Posted by Jaze Ong > 2023-03-30 11:43 | Report Abuse

Hi, Can any friend help to advise?
I bought AAX through HongLeong bank at 2013,
qty 13,300, price Rm1.1+, total investment Rm14,758

Knowing this March the share price goes up, so i logged in and found now it shows me,
qty 1,330(10X-), price Rm11+ (10X+), market price Rm1.27, market value Rm1,689!!

How come i lost Rm12,992 while the price goes up? i called HL bank broker, he says AAX share consolidation at 10 Feb 2022.

Its really frustrating, I know nothing about this consolidation, where did we get this announcement? Thought newspaper or AAX website on that day? does it happen to any of you?

anisayob

292 posts

Posted by anisayob > 2023-03-30 12:13 | Report Abuse

2013 wo??? So long ago...

Canlah

642 posts

Posted by Canlah > 2023-03-30 12:25 |

Post removed.Why?

Canlah

642 posts

Posted by Canlah > 2023-03-30 12:26 |

Post removed.Why?

Canlah

642 posts

Posted by Canlah > 2023-03-30 12:27 | Report Abuse

Of course loss money in legal way. Never trust stock market. Becareful

Canlah

642 posts

Posted by Canlah > 2023-03-30 12:31 | Report Abuse

i bought trive 0.02sen then conso, all my money burn 100%. They give me new money with new MV of 0.50sem

Canlah

642 posts

Posted by Canlah > 2023-03-30 12:31 | Report Abuse

Then, that 0.50sen drop again to 0.02sen. The f all this company. They just want your money

Canlah

642 posts

Posted by Canlah > 2023-03-30 12:31 | Report Abuse

Bursa only want stamping

Canlah

642 posts

Posted by Canlah > 2023-03-30 12:32 | Report Abuse

Your money company sapu

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