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 8 hours ago

Posted by David Gunter > 2023-06-14 18:41 | Report Abuse

PP is only 7.7% of shares issued some nut job said 90% wakaka

mlike

1,022 posts

Posted by mlike > 2023-06-14 18:59 | Report Abuse

David, time will tell you.. now is 14%, soon will full use the 90% quota.

mlike

1,022 posts

Posted by mlike > 2023-06-14 19:00 | Report Abuse

End up you will become nut with hole for bolt.

joyvest

10,540 posts

Posted by joyvest > 2023-06-14 19:37 | Report Abuse

Release of new shares(PP) of 32m to the market any moment from now..Hence, a cascade of falls is imminent.

Posted by GoldenBull66 > 2023-06-14 22:15 | Report Abuse

World Aviation stocks continue to rally. Summer holidays just around the corner. PP is the easiest and fastest way to get fund. With more funds, more planes to meet the demand. AAX as a long haul aviation stand to benefit more during summer holidays. Good move by Tony. If wasn't capital A issue, AAX would have gone way past rm2 by now.

$$ BUYSELL $$

1,720 posts

Posted by $$ BUYSELL $$ > 2023-06-14 23:43 | Report Abuse

AAX going to uptrend again but see tomorrow if close Rm1.90 next is to fly above Rm 2.00

moneycashrich

2,101 posts

Posted by moneycashrich > 2023-06-15 10:36 | Report Abuse

against all odd of RM1.53 great danger.

moneycashrich

2,101 posts

Posted by moneycashrich > 2023-06-15 10:38 | Report Abuse

falling up

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-06-15 11:16 | Report Abuse

Get new plane Year end holiday season with low fuel price Japan flight 5k ++
with new planes profit whack kaw kaw .... full year ending rm3.0 EPS is not impossible

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-06-15 13:53 | Report Abuse

IR increase on halt... mayb start to reduce >> good for debt ,, oil price is going down and AAX can start to get cheap fuel for their year end ops >> max PROFIT
couldnt be better time for the airline and tony will take full advantage like he always does GOGO dont sleep on this oppurtunity !

Posted by GoldenBull66 > 2023-06-15 17:13 | Report Abuse

Capital A restructuring plan spooked AAX.

Posted by David Gunter > 2023-06-15 17:58 | Report Abuse

Ya sure

i3lurker

14,542 posts

Posted by i3lurker > 2023-06-15 18:16 | Report Abuse

already announced
much of the world is in technical recession with 2 consecutive quarters negative growth

Posted by David Gunter > 2023-06-15 20:03 | Report Abuse

Lol so many experts lol

Star111

180 posts

Posted by Star111 > 2023-06-16 15:33 | Report Abuse

My market is slow. Other countries market already making lots of profit. Beyter invest in nasdaq

AhHuat168

290 posts

Posted by AhHuat168 > 2023-06-16 21:49 | Report Abuse

mkt keep dropping, probably only bound before state election next month

ks5S

4,601 posts

Posted by ks5S > 2023-06-17 23:24 | Report Abuse

oil continue slump.
aax continue up. Cash continue build up .

Posted by GoldenBull66 > 2023-06-18 22:43 | Report Abuse

Capital A most profitable business is still their airlines. So AAX getting the airline business would be massive. Increasing from 7 aircrafts to 160+ and might hit 200+ aircraft by year end. That would allow AAX to capture the most profitable period in airlines biz. But would also be taking in capital A debts too. Based on some reports, the injection of airlines would not involved share issuance to capital A. Capital A even after injecting the airlines to AAX, would atleast undergo capital reduction, debt restructuring before they can get out of PN17. For AAX, the listing of AirAsia phillipines next year would allow them to reduce the debts. I expect AAX to gain massive interest once the restructuring done.

Posted by David Gunter > 2023-06-18 23:26 | Report Abuse

By the time QR comes out RM 3.50

8ackwoods

61 posts

Posted by 8ackwoods > 2023-06-19 15:53 | Report Abuse

good QR incoming

Posted by investormalaysia > 2023-06-19 20:51 | Report Abuse

Vrooommmm. Up or down? Pls advise

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2023-06-19 21:31 | Report Abuse

Price 1.84
Resistance 1.87(break then buy)
Support 1.77
Prefer to decide after 3pm of the days
19/6/23 9.34pm

Posted by investormalaysia > 2023-06-20 06:11 | Report Abuse

U meant buy after 3pm if reach rm 1.87??

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-06-20 11:07 | Report Abuse

CATHAY PACIFIC 8.06 HKD +0.33 (4.27%)today

Posted by 9vegetable > 2023-06-20 15:23 | Report Abuse

ticket sales so good. why cannot fly neh the price. come on AAX

alienbiru

107 posts

Posted by alienbiru > 2023-06-20 15:46 | Report Abuse

premium ticket on AAX lol, sure cannot fly

gundabhai

64 posts

Posted by gundabhai > 2023-06-20 16:11 | Report Abuse

sideways until out of PN17 - no other news

gundabhai

64 posts

Posted by gundabhai > 2023-06-20 16:14 | Report Abuse

need to submit the plan by 28 July 2023

rr88

6,532 posts

Posted by rr88 > 2023-06-21 10:11 | Report Abuse

1.78 only ka?
I told you 1.50++
Escape now if you dont want further trouble.

joyvest

10,540 posts

Posted by joyvest > 2023-06-21 10:25 | Report Abuse

WTH is going on? No sign of going up but down ?

joyvest

10,540 posts

Posted by joyvest > 2023-06-21 10:29 | Report Abuse

Before the regularisation plans will be submitted to SC , they ( the said RP ) must be approved by the shareholders otherwise they will be back to the drawing board....Back to square one.

AhHuat168

290 posts

Posted by AhHuat168 > 2023-06-21 11:11 | Report Abuse

rr88 is right, take your profit and escape now

joyvest

10,540 posts

Posted by joyvest > 2023-06-21 15:33 | Report Abuse

back to square one ?

DoubleO

78 posts

Posted by DoubleO > 2023-06-21 15:44 | Report Abuse

Heading northwestern europe , Holland.

joyvest

10,540 posts

Posted by joyvest > 2023-06-21 16:01 | Report Abuse

There is no problem for AXX to settle its own debts, hence no problem for AXX to get out of PN17. The only teethy problem is its sister company , Capital A with massive debts of RM 17.8b and Negative NTA of RM -9b. In order to get CapA out of PN17, it is impossible for CA to save themselves on their own and the financial assistance must come from AAX as well

As said, to zerosize -NTA of RM 9b, AAX must at least come with half of RM 9b, ie RM 4.5b. With 4.5b, AAX must issue 2.5b shares( assuming at RM 1.80 ) , seriously ballooning the existing share capital base of 414m shares to almost 3b shares. This move shall certainly face the backlash from the existing shareholders of AA

Posted by 9vegetable > 2023-06-21 16:16 | Report Abuse

fly go holland liao

Posted by heisenbergxv4 > 2023-06-21 16:20 | Report Abuse

Support up support up!

Posted by GoldenBull66 > 2023-06-21 17:19 | Report Abuse

https://theedgemalaysia.com/node/672017

Continue expand to meet demand. AAX will have massive earning this year. Let's wait the restructuring which would be due in 2 weeks time. We might have more clarity by next week

AhHuat168

290 posts

Posted by AhHuat168 > 2023-06-21 19:05 | Report Abuse

Now AAX at high price, goreng from 30cent until RM2.1 already 7times, but good news suddenly all come out, tomorrow sure drop further, sell on news, this is the usual reaction of malaysia trash market

Posted by GoldenBull66 > 2023-06-21 19:15 | Report Abuse

Knee jerk reaction ahead of restructuring plan.

JrWarren

178 posts

Posted by JrWarren > 2023-06-22 08:23 | Report Abuse

Whatever told in The Edge, that is inline with Capital A AGM opinion.

Sslee

6,903 posts

Posted by Sslee > 2023-06-22 08:37 | Report Abuse

He said that 362 A321 aircraft are expected to come in next year, adding that AirAsia X is expected to have 15 wide bodies and up to 20 XLR aircraft.

Do CapitalA or AAX able to get finance for the above aircrafts.
Any bank ready to lend money to AAX and CapitalA? And what will be the interest charged?

Posted by GoldenBull66 > 2023-06-22 10:03 | Report Abuse

Basically they lease all these aircrafts.

Posted by GoldenBull66 > 2023-06-22 10:37 | Report Abuse

You can't deny Tony is a tough negotiator. To wipe out 99% of the debts, mainly from leasing agreements, and now they back on expansion with new leasing agreement. How he could managed to negotiate such a deal is simply crazy. Based on reports, all these new leasing agreement would be at a better terms too than previous.

Sslee

6,903 posts

Posted by Sslee > 2023-06-22 10:45 | Report Abuse

The question why STony did not do on CapitalA what he had done on AAX? But plan to inject in CapitalA aviation with billions in debts to AAX?

To wipe out 99% of the debts, mainly from leasing agreements, and now they back on expansion with new leasing agreement.

Posted by GoldenBull66 > 2023-06-22 11:15 | Report Abuse

I wish I could tell you. If you look at AAX, 99% of the 32B debts mainly from leasing agreements. I suspect that Capital 9B, probably only half is from their leasing agreement. Focus would be to wipe out the bigger amount from these 2 companies and it is easier for AAX to restructure as they only need to deal with Airbus as their biggest creditor. While airbus allow AAX to do that, they unlikely allow Tony to do it with 2 companies.

But still, to proceed with 362 new planes, that sound of confidence from Tony. No company on the brink would have done that. Airbus wouldn't have allow that to happen either.

Posted by GoldenBull66 > 2023-06-22 11:26 | Report Abuse

Anyway, all this just my assumption. we shall wait for the restructuring plan. It will be soon. I still expect some capital reduction in capital A.

After the pandemic, I can see the change in behaviour of people. People willing to spend more on travel and enjoy life. Even if economy slowing down, I expect people to continue travel with a lower budget. That would mean, picking the cheaper airlines. With this massive expansion, in house maintenance, AirAsia apps etc, it would come into play. That would allow them to have the advantage from the rest of the airlines.

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