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.

45,283 comment(s). Last comment by Noni 9 hours ago

KingKKK

466 posts

Posted by KingKKK > 2023-06-12 10:45 | Report Abuse

AAX issuance of shares will be to acquire aviation asset from Cap A. After completion, it will be a pure airlines play. People will benchmark against SG Airlines which is trading at 20x PE historical.

AAX easily make 60 sen EPS per year for 2023. Give 5x PE already RM3 value.

Posted by GoldenBull66 > 2023-06-12 10:46 | Report Abuse

5B to Capital A? Does that even make any sense to you?

joyvest

10,540 posts

Posted by joyvest > 2023-06-12 11:00 | Report Abuse

Thats why i say the shareholders of AAX would oppose strongly if AAX is to salvage Cap A with 5 b new shares even 1b shares is considered to be a " mission impossible " for Tony

i3lurker

14,542 posts

Posted by i3lurker > 2023-06-12 11:01 | Report Abuse

there is a high possibility a very small sum of 7,000,000,000 AAX shares will be donated to CapA.

This is still a very small sum of only 7,000,0000,000 AAX shares.

Its a very small affordable donation for all AAX shareholders.
All AAX shareholders will rush to hug and kiss Stony

icecool

5,047 posts

Posted by icecool > 2023-06-12 11:03 | Report Abuse

rr88 scared to get it wrong again now dont dare to show his face

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-06-12 11:06 | Report Abuse

he only come on red day to make u sell so he can intra gain 5 sens poor guy so low tactic

joyvest

10,540 posts

Posted by joyvest > 2023-06-12 11:07 | Report Abuse

All eyes are on AAX , not Cap A. Cap A is passive in their position where their survival is at the sole mercy of AAX. Hence , Cap A would just comply with what Tony will put on the table. Take it or leave it.

i3lurker

14,542 posts

Posted by i3lurker > 2023-06-12 11:07 | Report Abuse

very likely rr88 bought 2,000 lots at 1.94 and now kneeling on durian skin praying hard

Posted by David Gunter > 2023-06-12 13:02 | Report Abuse

Be patient 2nd half show will start

Posted by EatCoconutCanWin > 2023-06-12 13:27 | Report Abuse

Hold n rest. Rip

joyvest

10,540 posts

Posted by joyvest > 2023-06-12 14:36 | Report Abuse

monkey eat banana and banana doesnt eat monkey... you eat coconut and coconut doesnt eat you

Posted by EatCoconutCanWin > 2023-06-12 14:58 | Report Abuse

Coconut milk cause heart attack

Posted by AlphaInvestor > 2023-06-12 15:09 | Report Abuse

Strong queue at 1.89 with 550,000 shares waiting to BUY. Looks like institutional player has really come in waiting for ikan bilis to sell AAX shares at cheap price.

joyvest

10,540 posts

Posted by joyvest > 2023-06-12 17:34 | Report Abuse

Illusionary....T2 is due tomorrow coupled with release of PP shares which is the moment of truth...

AhHuat168

290 posts

Posted by AhHuat168 > 2023-06-12 21:04 | Report Abuse

true, will not go up in the short run, most likely retrace

Posted by EatCoconutCanWin > 2023-06-13 08:50 | Report Abuse

Good night mh370. This is aax now

joyvest

10,540 posts

Posted by joyvest > 2023-06-13 09:00 | Report Abuse

It is expected that the new shares of 32 m through PP is to be flooded with the market any moment from now hence a cascade of falls is imminent bearing in mind that PP issued price was RM 1.55.

Posted by investormalaysia > 2023-06-13 09:22 | Report Abuse

50mill approved. Will bank in next week i think? Or next month?

joyvest

10,540 posts

Posted by joyvest > 2023-06-13 09:27 | Report Abuse

Change hand is faster than you and me could imagine.....

Gv3990

47 posts

Posted by Gv3990 > 2023-06-13 09:40 | Report Abuse

but still got people buy

joyvest

10,540 posts

Posted by joyvest > 2023-06-13 09:43 | Report Abuse

They will be slaughtered like sacrifice of the lambs....

KingKKK

466 posts

Posted by KingKKK > 2023-06-13 10:01 | Report Abuse

Air New Zealand Lifts FY2023 Profit Forecast To No Less Than $580 Million
BY MICHAEL DORAN PUBLISHED 17 HOURS AGO

After some big changes in its fortunes in the last six months Air New Zealand now expects to make at least NZ$580 million in FY23.

https://simpleflying.com/air-new-zealand-profit-forecast-no-less-580-million/

Posted by investormalaysia > 2023-06-13 10:02 | Report Abuse

So will go down??

Gv3990

47 posts

Posted by Gv3990 > 2023-06-13 10:05 | Report Abuse

As long people who not buy dont get slaughtered

Posted by investormalaysia > 2023-06-13 10:12 | Report Abuse

Next month can buy.
Cuz last time use 20 mill buy 9 aircraft. Now 50 mill buy 22 aircraft?
How long the process of buying aircraft? 2 weeks?

joyvest

10,540 posts

Posted by joyvest > 2023-06-13 10:27 | Report Abuse

with USD 20m you can buy 5-7 private jets ( cirrus Vision Jet SF50 ) which is the cheapest of all models , selling from just USD 2.85 m. you must be joking to buy 9 aircrafts using RM 20 million.

Posted by investormalaysia > 2023-06-13 11:05 | Report Abuse

When can start buy AAX?

AhHuat168

290 posts

Posted by AhHuat168 > 2023-06-13 12:04 | Report Abuse

1.65 is the support, if break, aax will go down trend

joyvest

10,540 posts

Posted by joyvest > 2023-06-13 12:28 | Report Abuse

PP issued price has been determined at RM 1.55, you should know better ....

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-06-13 12:34 | Report Abuse

Funnny talking like funds buy PP to make profit... u think they are retailers????
enough to get new planes... not pay direct if pay direct how saudi can buy 150 planes
and lease term yaaa hoho if u dont know that most airlines these days dont own their planes hihi

Posted by StartOfTheBull > 2023-06-13 12:36 | Report Abuse

Last week most of them have exited with profit, now only some late comers here to pick up coconut husks.

joyvest

10,540 posts

Posted by joyvest > 2023-06-13 15:15 | Report Abuse

" Somebody " ( certainly not retailers ) has subscribed for PP at the cheaper price than the open market price. However , " anybody" always buys at open market price. Who is the winner and who is the loser? the winner takes it all but the loser stands small........................ are you somebody or anybody?

rr88

6,532 posts

Posted by rr88 > 2023-06-13 17:03 | Report Abuse

1.81 only ka?
What happened? He he....
Ans: Because I told u it wud go 1.95 only. Actual = it went to 1.94, stopped by 1.95.

Now I say it will go to 1.53.
You wait n see, then you know how good i am. That is if you have not realised it that i am good, very good.

rr88

6,532 posts

Posted by rr88 > 2023-06-13 17:10 | Report Abuse

POSTED BY rr88 4 DAYS AGO. rr88 said 1.96 plus minus 2 cents actually:

This is the correct chart readings:

02 june bottom 1.66
Next day rebound top 1.81
The following day double bottom 1.66

Today it has moved past 1.81 previous rebound top.

It will go to 1.81 + (1.81 - 1.66) = 1.96

This is its pattern:

1.66 => 1.81 => 1.66 => 1.81 => on its way to 1.96

rr88

6,532 posts

Posted by rr88 > 2023-06-13 17:13 | Report Abuse

Lurker brain is too small, unable to comprehend what rr88 advice was.

rr88

6,532 posts

Posted by rr88 > 2023-06-13 17:27 | Report Abuse

This is rr88 chain of thoughts at the moment:

A Restructuring Plan conceived during distressed time, bad time is good during distressed, bad time.

When the distress is gone, time turns better, business starting to look good again, then one tends to tweak the Recovery Plan to suit latest development.

Should sifu thinks what will happen, will actually happen, you are looking at 0.70 - 0.90 and lose HALF OF YOUR MONEY here.

BE CAREFUL ARR....

Use the brain on top of yr neck, not the one between yr legs arr...

rr88 will no longer trade AAX. Moving on to less risky trades..


Sslee

6,903 posts

Posted by Sslee > 2023-06-13 17:37 | Report Abuse

Information from AAX Q1 end 31/3/2023 financial report:
RM50 million of new capital which will serve to bolster our short term working capital requirements, strengthening the balance sheet as the Company continues to recover and grow its operations in this post-pandemic era, primarily for the reactivation and maintenance of the Company’s growing fleet.

Q1 end 31/3/2023
Maintenance and overhaul: RM (63,490,000) this is the cost to reactivare 2 aircrafts and maintenance of 9 aircrafts.

Posted by investormalaysia > Jun 13, 2023 10:12 AM | Report Abuse
Next month can buy.
Cuz last time use 20 mill buy 9 aircraft. Now 50 mill buy 22 aircraft?
How long the process of buying aircraft? 2 weeks?

Posted by GoldenBull66 > 2023-06-13 18:42 | Report Abuse

If you bet with expectation of good QR, then surely yes. Because they got no debts.. and long haul plane is very profitable now.

https://www.bloomberg.com/news/articles/2023-06-13/singapore-airlines-stock-sia-tops-global-peers-on-record-profits

Posted by investormalaysia > 2023-06-13 18:49 | Report Abuse

Lurker versus r88.
R88 rm 1.53
Lucker rm 2.50
Who win?

Posted by EatCoconutCanWin > 2023-06-13 20:05 | Report Abuse

Fight fight everyone can earn money

Posted by Patient Investor > 2023-06-14 09:16 | Report Abuse

Capital A agm is coming, are you ready?

mlike

1,022 posts

Posted by mlike > 2023-06-14 09:31 | Report Abuse

I thought is:
Previously RM4 after 10:1 become RM0.40 after Covid should be back to RM4!
BUT now….
RM0.40 still RM0.40 and re issue PP to add new 90% share to market, now already 15% new share confirmed flow to market …
After 90% new share flowed, will our share be toilet paper?

mlike

1,022 posts

Posted by mlike > 2023-06-14 09:33 | Report Abuse

I decided to quit , tooo risky.

Posted by richie9966 > 2023-06-14 14:43 | Report Abuse

no confident then quit lor, now wait rm2..

DoubleO

78 posts

Posted by DoubleO > 2023-06-14 15:49 | Report Abuse

Captain is informing us to onboard.

alienbiru

107 posts

Posted by alienbiru > 2023-06-14 16:10 | Report Abuse

pew pew pew pew, any sifu buy call now ?

tonygofly

285 posts

Posted by tonygofly > 2023-06-14 16:15 | Report Abuse

Tony sifu say on board now !

$$ BUYSELL $$

1,720 posts

Posted by $$ BUYSELL $$ > 2023-06-14 16:23 | Report Abuse

AAX start engine

$$ BUYSELL $$

1,720 posts

Posted by $$ BUYSELL $$ > 2023-06-14 16:23 | Report Abuse

ya fly already

moneycashrich

2,101 posts

Posted by moneycashrich > 2023-06-14 16:29 | Report Abuse

RM1.53 verse RM 2.50 siapa menang. siapa kaya ?

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