Posted by Sslee > 2023-07-18 07:49 | Report Abuse

All this while AAX did not make money because AAX too dependent on AA/CapitalA (for planes and services) or relate party transactions.

So whether AAX make money or not will still depend on how much CapitalA want to charge AAX for service provide. In short capitalA can just do profit transfer from associate/JV/relate party to CapitalA by overchanging the relate party transactions.

Posted by Johnchew5 > 2023-07-18 07:56 | Report Abuse

国际财经
国泰航空上半年盈利料达26亿

2023年07月14日

https://www.enanyang.my/node/552333

Posted by harvest6138 > 2023-07-18 08:52 | Report Abuse

https://www.businesstraveller.com/business-travel/2023/07/17/airasia-confident-about-china-demand/

With these new added route , shall bring more profit to the group ..

Posted by Sslee > 2023-07-18 13:03 | Report Abuse

AirAsia Malaysia (AK) currently flies 14 routes to/from China with over 104 flights weekly from KL to Guilin, Quanzhou, Guangzhou, Kunming, Shenzhen, Nanning, Shantou and Macao; Kota Kinabalu to Guangzhou, Shenzhen, Wuhan, Beijing and Macau; and Johor Bahru to Guangzhou.

AirAsia X Malaysia (D7) currently flies four routes to/from China with over 22 flights weekly from KL to Chengdu (Tianfu), Beijing (Daxing), Shanghai, and Hangzhou.

AAX using wide body planes (D7)Airbus A330-300. Seats: 377
CapitalA (AK) using airbus A320: seats: 186 and A321 seats 185-236

Posted by joyvest > 2023-07-18 13:10 | Report Abuse

One company is targeting long haul flights while another is short to middle...

Posted by i3lurker > 2023-07-18 13:16 | Report Abuse

AAX shareholders are NOT allowed to read this. You are ordered to skip.

sslee
Maybe you missed my posting?

China economic problems will affect Japan and all of SE Asia.
Yen is expected to depreciate violently against major Global Currencies.
Japan is unable to raise interest rates due to high borrowings of Japanese companies like Toyota. Hikes in interest rates in the same manner of US or UK will destroy more than half of Japanese companies


China been having almost double digit growth of 10% for many decades since 1945.
Many people will NOT be prepared for this sudden reduction in growth.
Travel, tourism, property and consumables will be highly affected.

=> Some BURSA counters will tutup kedai.

Posted by i3lurker > 2023-07-18 14:00 | Report Abuse

pang
dun embarass yourself
maintainable cash profits for AAX is less than RM0.1323 per share per annum

use PE10 is RM1.30

so AAX is fully extremely OVERvalued, other factors are irrelevant.

=> Mr Market is very OPTIMISTIC.

Posted by Johnchew5 > 2023-07-18 14:16 |

Post removed.Why?

Posted by harvest6138 > 2023-07-18 14:34 | Report Abuse

China economic is slowing down for sure , so they may look for cheaper airline when they want to have oversea trip , AAX could be a good choice for them if they want to come to Malaysia , hence, AAX could be in a niche market position now and benefit from current trend ...

Posted by joyvest > 2023-07-18 14:41 | Report Abuse

Old men push cars but old women push aeroplanes.....

Posted by harvest6138 > 2023-07-18 14:51 | Report Abuse

In previous QR , they use 455K of fuel with average cost of USD116/barrel , and the Brent crude cost in April till June is range from 70++ to 80++ , that means . they shall have big saving from the downtrend of oil price as well , lets see the next month result ..

Posted by Johnchew5 > 2023-07-18 15:46 |

Post removed.Why?

Posted by ks5S > 2023-07-18 16:06 | Report Abuse

buy. just ride Aax uptrend chart

Posted by The_JQuestion > 2023-07-18 16:10 | Report Abuse

yen depreciate is good... always wanted to travel to Japan,, aax fly to japan too btw... enjoy my sushi at osaka soon :))

Posted by Michael Kwok > 2023-07-18 17:22 | Report Abuse

Stock to caution
Aax 1.68(Let wait till thursday if can substain rm 1.70 level)
Possible dead cat bounce 1.70 range.
Tp rm 1-rm 1.20(if cant substain rm 1.70)
18/7/23 5.21pm

Posted by yourfrenemy > 2023-07-18 17:29 | Report Abuse

market sentiment big time low

Posted by AhHuat168 > 2023-07-18 20:15 | Report Abuse

Sigh, you guy still here dreaming of AAX to go roket high, , downtrend coming, escape before too late

Posted by ks5S > 2023-07-18 21:03 | Report Abuse

wise men say
only fools rush in
but i can't help
falling in love with aax

Posted by joyvest > 2023-07-18 21:57 | Report Abuse

The more confident tony feels , the more opposite the investors feel....its a funny whole world.....why?

Posted by NatsukoMishima > 2023-07-19 01:18 | Report Abuse

After exit PN17 sure tumble back to 4x sens

Posted by ks5S > 2023-07-19 08:00 | Report Abuse

nut suko, u think this is glove counter meh. Cincai predict. aax will fly to 12.00 soon to reach pe 10 same with industrial standard

Posted by ericwwt > 2023-07-19 13:09 | Report Abuse

After lifting from PN 17, logically AAX should be above RM 3 because institutional investors can buy and shareholders can get margin financing. Above all, AAX is almost debt free and has cash of almost RM 200 million. PE ratio is amazingly low too.

Posted by ericwwt > 2023-07-19 13:24 | Report Abuse

pang72

PE 2.5 is still extremely low. Check out Cathay Pacific and JAL. PE 18 to PE 28.

Posted by harvest6138 > 2023-07-19 13:55 | Report Abuse

AAX is still carry 1.2B of debt , compared with a year ago , it was 6.7B , so , they are in better position now , the key things is if they can maintain the profit more than 200miliions per quarter , that will help them to prove that they have solid business and plans to make profit .

Posted by ericwwt > 2023-07-19 14:12 | Report Abuse

Hopefully, no more PN 17 extension for AAX.

Posted by Sslee > 2023-07-19 14:29 | Report Abuse

AAX did not make profit before Covid and most likely will not make profit after covid because low cost/budget business model on long haul flight is not profitable unlike short haul flight where plane turnaround is short.

Posted by The_JQuestion > 2023-07-19 14:31 | Report Abuse

hi ssleee can u give example in the whole world which airline is not making profit at the moment.... u are really the best analyst in the world , are u also expert in this field when aax is profiting yet u say it is not going to... senile ?

Posted by The_JQuestion > 2023-07-19 14:32 | Report Abuse

u must be reading news u dont like which is good news but bad news is ur fav news.... old habits nvr grow old :)) AAX limit up kasi u tengok

Posted by joyvest > 2023-07-19 14:48 | Report Abuse

I Never doubt the power of AAX making big money. As said, their previous accumulated debts were not through their faults but merely attributable to natural disaster,without which,they are basically shining.

Coming to the share value,2 to 3 is within their reach.

Posted by chinaman > 2023-07-19 14:56 | Report Abuse

PN17 Companies
AIRASIA X BERHAD
ALAM MARITIM RESOURCES BERHAD
ASIA MEDIA GROUP BERHAD
BARAKAH OFFSHORE PETROLEUM BERHAD
BERTAM ALLIANCE BERHAD
CAPITAL A BERHAD (FORMERLY KNOWN AS AIRASIA GROUP BERHAD)
COMINTEL CORPORATION BERHAD
E.A.TECHNIQUE (M) BERHAD
FSBM HOLDINGS BERHAD
IQZAN HOLDING BERHAD
IREKA CORPORATION BERHAD
IVORY PROPERTIES GROUP BERHAD
JERASIA CAPITAL BERHAD
KHEE SAN BERHAD
KNM GROUP BERHAD
KONSORTIUM TRANSNASIONAL BERHAD
PERAK CORPORATION BERHAD
PHARMANIAGA BERHAD
REACH ENERGY BERHAD
SAPURA ENERGY BERHAD
SARAWAK CABLE BERHAD
SCOMI ENERGY SERVICES BERHAD
SCOMI GROUP BERHAD
SEACERA GROUP BERHAD
SERBA DINAMIK HOLDINGS BERHAD (IN LIQUIDATION)
TOP BUILDERS CAPITAL BERHAD
ZELAN BERHAD

Posted by speakup > 2023-07-19 16:41 | Report Abuse

https://theedgemalaysia.com/node/675333
Don't worry. Bursa won't drop cos we are Casino De Bursa

Posted by The_JQuestion > 2023-07-19 18:08 | Report Abuse

Actually it might not happen this time maybe next 3 months all depends on bursa now

Posted by Sslee > 2023-07-19 18:13 | Report Abuse

Correction:
AAX is not an independent low cost/budget long haul airline. It depend on CapitalA for services(ticket sale, promotion, ground crew services, planes maintenance and etc)

So it is up to CapitalA whether AAX is profitable or not.

Posted by i3lurker > 2023-07-19 18:39 | Report Abuse

well it depends....

if Stony free management incentive shares are priced in to charge cost of using CapA silly app then AAX becomes a premium luxury airline

Posted by joyvest > 2023-07-20 09:15 | Report Abuse

No momentum on the share price which is a harbinger of possible time extension for submission of RP again.

Posted by ericwwt > 2023-07-20 09:46 | Report Abuse

Yep. Likely another application for extension of time until end October.

Posted by ericwwt > 2023-07-20 09:46 | Report Abuse

If that happens then it will go down a lot these two weeks.

Posted by joyvest > 2023-07-20 09:56 | Report Abuse

AAX is waiting for the explosive upcoming QR whereby PN17 will be automatically lifted after that. Time extension can not be ruled out.

Posted by ericwwt > 2023-07-20 10:12 | Report Abuse

Going down now.

Posted by investormalaysia > 2023-07-20 10:38 | Report Abuse

Going up anytime soon

Posted by investormalaysia > 2023-07-20 10:39 | Report Abuse

Next month can reach rm3.80

Posted by ericwwt > 2023-07-20 10:56 | Report Abuse

Let's hope so.

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

Now every one can hope ........

Posted by ericwwt > 2023-07-20 12:42 | Report Abuse

Hahaha!

Posted by AhHuat168 > 2023-07-20 13:55 | Report Abuse

everyone here dont be naive, cut loss and run now, the game is over

Posted by joyvest > 2023-07-20 14:00 | Report Abuse

Even ahhuat says it is not " haut " anymore. His suggestion is akin to the bank saying to you there is no money inside the Bank.

Posted by mf > 2023-07-20 14:14 | Report Abuse

Nasdaq 100 futures slip Wednesday evening after Netflix posts results
16 MIN AGO
•
Hakyung Kim

Posted by The_JQuestion > 2023-07-20 14:15 | Report Abuse

United Airlines triples Q2 profits on strong demand what do u think AAX performance will be... PN17 lifted is for sure on next Q !

Posted by TheCrown > 2023-07-20 16:19 | Report Abuse

Ok, waiting for Pariah Tony does not manipulate to fly again..

Posted by KingKKK > 2023-07-20 16:32 | Report Abuse

United Airlines has announced its second-quarter results with a three-fold increase in profit.

1. United Airlines reported impressive second-quarter results with a three-fold increase in profit, making over $14 billion in revenue and achieving a profit of more than $1 billion.

2. The rise in profit was attributed to a substantial increase in travel demand, especially for international destinations, despite facing flight disruptions at its hub in Newark Liberty International Airport.

3. United Airlines' operational performance and network enhancement contributed to its strong performance, with domestic margins returning to 2019 levels and international margins surpassing pre-pandemic levels. The airline flew the highest volume of revenue passengers since pre-pandemic and experienced significant growth in its MileagePlus program.

https://simpleflying.com/united-airlines-14-billion-operating-revenue-q2-2023/