Posted by KingKKK > 2023-05-05 18:00 | Report Abuse

Yes, that could be the reason why AAX delay the restructuring plan announcement to July.

Because in 3 weeks time, after announce the superb 1Q 2023 quarter, the accounts will look much better than now.

It is easier to get Bursa approval on the restructuring plan with a much better accounts for both AAX and CAPITAL A.

Posted by teknikal > 2023-05-08 09:18 | Report Abuse

Double Bottom trend remains, still bullish.

Share price is still above all Moving Average 20, 50 and 200. Means uptrend intact.
RSI is reasonable at 58 now.

Posted by paktua73 > 2023-05-08 15:24 |

Post removed.Why?

Posted by The_JQuestion > 2023-05-08 16:11 | Report Abuse

take off sudah ... uptrend flight is here ,, no more delay :))

Posted by mikewazowski > 2023-05-08 19:04 | Report Abuse

Successful exit from pn17? Tourism boom?

Posted by KingKKK > 2023-05-09 08:19 | Report Abuse

From Bursa announcement on 2nd May

For the shareholders’ information, Ernst & Young PLT, being the Company’s external auditors for the financial period ended 31 December 2022 (“FYE2022”) have signed off the Company’s audited financial statements for FYE2022 without any qualification.

Posted by KingKKK > 2023-05-09 08:20 | Report Abuse

In short, EY the big four accounting firm OK with AAX account for 2022

Posted by 9vegetable > 2023-05-09 13:15 | Report Abuse

wohoo flying lo

Posted by richie9966 > 2023-05-09 16:51 | Report Abuse

nice closing green

Posted by nich0las > 2023-05-10 02:09 | Report Abuse

PN17 Reg. Plan extended. Any idea?

Posted by anisayob > 2023-05-10 08:19 | Report Abuse

Open high...

Posted by anisayob > 2023-05-10 09:05 | Report Abuse

1.54 resistance
1.50 support

Posted by 9vegetable > 2023-05-10 09:31 | Report Abuse

wohooo flying lo

Posted by Activestream > 2023-05-10 09:31 | Report Abuse

AAX gets further three-month extension to submit regularisation plan
https://www.theedgemarkets.com/node/666268

Posted by Cakes Moon > 2023-05-10 09:39 | Report Abuse

RM2 please!!!
I just all in betting on AAX!!!

Posted by anisayob > 2023-05-10 09:47 | Report Abuse

1.59 resistance
1.54 support

Posted by 9vegetable > 2023-05-10 09:53 | Report Abuse

sell half first. nanti masuk again

Posted by willc48 > 2023-05-10 11:05 | Report Abuse

counter kelentong. PN17 to be extended. Let looks inti their account whether accurate or nor, or that they are using MFRS to change the numbers?

Posted by mujinkun > 2023-05-10 12:03 | Report Abuse

willc48, where at you at?

Posted by TheshowCrow > 2023-05-10 12:39 | Report Abuse

nice cheap ticket recently

Posted by mikewazowski > 2023-05-10 13:48 | Report Abuse

imagine the price of AAX once pn17 is lifted and institutions can enter

Posted by KingKKK > 2023-05-10 14:48 | Report Abuse

Last time I mentioned ...

Waiting for 2 good news now:
1. Approval for extension of regulatory plan somewhere this week. (Turned out to be true but late for 2 weeks)
2. Superb earnings in end May. (Wait for 2-3 weeks then we shall see)

Superb earnings forecast remain intact.
Waiting for more upside ahead !

Posted by ahyen10 > 2023-05-10 14:50 | Report Abuse

mayday mayday, the plane going down

Posted by mf > 2023-05-10 15:00 | Report Abuse

omg

Posted by bingoman > 2023-05-10 15:04 | Report Abuse

why morning green, afternoon red

Posted by teknikal > 2023-05-10 15:35 | Report Abuse

morning green afternoon red bcos want avoid kena UMA again la, u all whack until so much. One day up less than 5 sen, close 1.51 to 1.53 enough don't whack too high.

Now need to get through PN17 by end July, don't simply kena UMA again.

Posted by $$ BUYSELL $$ > 2023-05-10 16:32 | Report Abuse

Runn for your life,, dont hold.. coming down heavy...the crocodile is still holding once he cabut everyone down..A early warning sign..

Posted by The_JQuestion > 2023-05-10 19:37 | Report Abuse

hehe .. IDSS la
this stock dont contra... if not need fast out ,, wait they shorted only will up

Posted by bingoman > 2023-05-11 10:03 | Report Abuse

1.42, today can enter?

Posted by Yezzy99108 > 2023-05-11 11:44 | Report Abuse

Red aeroplane have reaches its course. Now both the engines, turbine & wing clipart is falling apart and captain have aborted the plane.

Buy on rumours / Sell on news now ......... since PN17 regularised plan is extended

Note: juz another goreng counte

Posted by alienbiru > 2023-05-11 14:48 | Report Abuse

kangtao lai liao? leaving pn17 soon?

Posted by mikewazowski > 2023-05-12 11:15 | Report Abuse

Emirates airline reports all time record $3 billion annual profit


Travel boom

Posted by 7chewe > 2023-05-12 15:42 | Report Abuse

https://www.channelnewsasia.com/business/full-recovery-emirates-group-unveils-record-us3-billion-profit-3481436

'Full recovery': Emirates Group unveils record US$3 billion profit


The Emirates airline business alone banked US$2.9 billion, another record, after returning a US$1.1 billion loss in the previous financial year as passengers began to return to the skies.(Photo: AFP/File/Giuseppe CACACE)

11 May 2023 05:44PM

DUBAI: Emirates Group announced a record US$3 billion annual profit on Thursday (May 11), hailing a "full recovery" for the Dubai-based carrier after last year's losses due to the pandemic.

"We're proud of our 2022-23 performance which is not only a full recovery but also a record result," Emirates chairman and CEO Sheikh Ahmed bin Saeed Al Maktoum said in a statement.

Posted by kahfui1221 > 2023-05-12 18:52 | Report Abuse

Need to stay at PN 17 until 28 July...once out, fly to the sky like plane itself

Posted by Reformasi > 2023-05-12 22:41 | Report Abuse

limit up soon once quarter results out

Posted by Michael Kwok > 2023-05-14 18:31 | Report Abuse

Price 1.50
Also let see afternoon session(3-4pm) can it further up
If can maintain 1.50 above steadily medium term rm 2.
14/5/23 6.33pm.

Posted by KingKKK > 2023-05-15 10:02 | Report Abuse

Japan’s Biggest Airline Company By Market Cap (ANA) Turns First Post-Pandemic Annual Profit

All Nippon Airways beat profit expectations during the fiscal year ending in March as travelers eagerly returned to Japan.

Tokyo-based ANA said inbound international travel demand increased “dramatically” in the fourth quarter. This helped propel its full year operating profit 120 billion Japanese yen ($875 million), and operating margin to 7 percent. In February, ANA forecast a roughly 90 billion Japanese yen operating profit and margin of around 5.6 percent. The airline reported a net profit of 90 billion Japanese yen for the year ending in March.

Full news here:
https://airlineweekly.com/2023/05/japans-ana-turns-first-post-pandemic-annual-profit/

Posted by The_JQuestion > 2023-05-15 12:17 | Report Abuse

hoping for it to return to its IPO price.. will be interesting , fly High and higher !!

Posted by KingKKK > 2023-05-16 09:01 | Report Abuse

China Ditches PCR Test Requirements For Inbound Travelers

China has revealed it will scrap its PCR test requirement for inbound travelers at the end of the month. Passengers will only need to show a negative rapid antigen test result from April 29th.

Read it here:
https://simpleflying.com/china-drops-inbound-traveler-pcr-test-requirement/?newsletter_popup=1

This is positive news to AAX as it is now much easier for people to travel to China!
1st Quarter superb result (due in 10-15 days may be just the beginning...)

Posted by Johnngg > 2023-05-16 09:24 | Report Abuse

Up...Up..and break 1.60

Posted by Michael Kwok > 2023-05-16 10:23 | Report Abuse

See i write it up.but sell on rm 1.70 range
16/5/23 10.22am
Price 1.50
Also let see afternoon session(3-4pm) can it further up
If can maintain 1.50 above steadily medium term rm 2.
14/5/23 6.33pm.

Posted by icecool > 2023-05-16 12:12 | Report Abuse

wow rm2 coming

Posted by mikewazowski > 2023-05-16 14:49 | Report Abuse

https://themalaysianreserve.com/2023/05/15/earnings-surge-for-thai-airlines-as-tourists-return/

Airways International pcl and Bangkok Airways pcl reported a surge in first-quarter (1Q23) earnings as tourists flocked back to the South-East Asian nation.

Thai Air posted net income of 12.51 billion baht (RM1.69 billion) in the 1Q23, rebounding from a net loss of 3.25 billion baht a year earlier. Bangkok Airways’ net income was 875 million baht versus a net loss of 1.02 billion baht in the 1Q22.

Posted by mikewazowski > 2023-05-16 14:50 | Report Abuse

Travel boom guys

Posted by EatCoconutCanWin > 2023-05-16 16:24 | Report Abuse

Today qr out?

Posted by EatCoconutCanWin > 2023-05-16 16:25 | Report Abuse

I bought 1.68.. huat arh

Posted by EatCoconutCanWin > 2023-05-16 16:26 | Report Abuse

The entire klse, aax is the one can fly rm4

Posted by Sarcasm777 > 2023-05-16 16:36 | Report Abuse

Amazing. Where are you Sslee? Come out and say something nasty.

Posted by EatCoconutCanWin > 2023-05-16 16:42 | Report Abuse

Gogo power up limit up

Posted by 7chewe > 2023-05-16 19:02 | Report Abuse

AirAsia X among top gainers in morning trade, jumps 175% year-to-date
By Reyanna Ng / theedgemalaysia.com
16 May 2023, 12:34 pm

https://theedgemalaysia.com/node/667153

It is expected that AAX’s performance and trade activity will improve due to the reopening of China on March 15, 2023, along with the airline’s announcement on the same day that it has launched three new routes to southern Chinese cities — Quanzhou, Guilin and Chengdu — being part of the network of 15 routes, with over 129 weekly flights between China and Malaysia.

“Our newest route to Tianfu serves as the foundation for more AirAsia X flights to China in the near future, which will significantly boost our North Asian network.

“As China is rapidly bouncing back, we expect to launch even more flights to and from the country, as well as to increase the frequency on the most popular and profitable routes within our network in the short to medium term,” said AAX Malaysia chief executive officer Benyamin Ismail.