Bursa is expected to process within 3 days before the due date on or before 27th. AAX is already out of the PN17 criterion basically. However,why is the share price still stagnant? Well ,its a matter of belief. Some are still doubtful if its PN 17 status can be lifted...
Basically AAX is undervalued given its fwd PE. It is believed that once its PN17 status is officially lifted, the huge demand is expected to be overwhelming like hot cakes with Foreign investors starting to flock in...
Have you booked your seats yet to be on broad the plane flying to the moon?
As I've said the price has factored in already hence it will not move up as anticipated. Those people has bought earlier will sell in disappointment and make the price to tank.
The upliftment has yet to be factored in the current share price .my view is that stagnant price is motivated for consolidation before an official announcement is made in due course.
Hoho WTH joyjoy Pon Pon thinking thinking Trapped High lo , even PP price is announced still Thinking 1.74 , play little kid clown Wayang little thing lo , hahahaha…
The teacher asked the class to stand up if they ever feel silly Johnny groaned before standing. She asked, “So Johnny feels silly occasionally?” To which he replied, “No, but it must be hard for you to stand alone.”
A teacher asks her class, “What do you want to be when you grow up?” Little Johnny says “I wanna be a billionaire, going to the most expensive clubs, take the best b*tch with me, give her a Ferrari worth over a million bucks, an apartment in Hawaii, a mansion in Paris, a jet to travel through Europe, an Infinite Visa Card and to make love to her three times a day”.
The teacher, shocked, and not knowing what to do with the bad behavior of the child, decides not to give importance to what he said and then continues the lesson. “And you, Susie? ” the teacher asks. Susie says “I wanna be Johnny’s b*tch.”
Little Johnny was told by stony that most adults are hiding at least one dark secret and that this makes it very easy to blackmail them by saying, “I know the whole truth.” Little Johnny decides to go home and try it out. He goes home, and as he is greeted by his mother, he says, “I know the whole truth.” His mother quickly hands him $20 and says, “Just don’t tell your father.” Quite pleased, Johnny waits for his father to get home from work, and greets him with, “I know the whole truth.” The father promptly hands him $40 and says, “Please don’t say a word to your mother.” Very pleased, the little johnny is on his way to school the next day when he sees the postman at his front door. Johnny greets him by saying, “I know the whole truth.” The postman immediately drops the mail, opens his arms, and says, “Then come give your " real father " a big hug!”
Hoho really laugh live me , PP price RM 1.55 is oredi announced on May 2023 , still blur blur Pon Pon Wayang dancing 👯, talks like Stony sounds like Stony but is Not Stony, is Joy Joy Vest Vest Wet Wet Wayang Show , hahahaha..
Hoho wow now Joy Joy play Pon Pon 👯Dance with bitcch lahir little kid Clown on Wayang TP 3.48 and Trapped RM 1.74 , until Vest Vest is Wet Wet pun tak Ada Untung , pitiful le , hahahaha.
Little Johnny was doing his maths homework. He says out loud, "One plus six, that son of a bixch is seven. Four plus four, that son of a bixch is eight." His mum overhears this and is shocked! she says to him, "What are you doing Johnny?" Johnny replies, "I am just doing my maths homework." " And is this is how Stony taught you to do it?" the mother asks. "Yes," Johnny replies.
The mother is now angry and immediately phones Stony , "What on earth are you teaching my son ?" she asks. Stony replies, "Right now, we are learning mathematical addition." The mother asks, "And are you teaching him to say one plus six, that son of a bixch is seven?" After Stony stopped laughing hysterically, He answers, "What I taught him to say was, one plus six, the sum of which is seven.
Johnny has been up to no good for some times . Uncle stony is very upset because of that. Stony tries to inspire Johnny with the song called " Johnny be goode " performed by Chuck Berry. Having listened to this , Johnny is so impressed with it that he says to Stony " Uncle Stony , I want to be as famous as like him". Stony is thrilled and says to him " If you become as famous as him, I would paint your profile photo on all the AA planes like MU", that is my promise"
No matter how hard Johnny has tried over the years , he just cant achieve his fame. Johnny is very dejected and cries to uncle Stony one day , " Sorry , Uncle stony, I have tried my best and failed in the end ." Stony replies," Johnny Johnny please dont cry , I have decided to advertise on my new diversified business with your profile photos."
Johnny then asks " what kind of new business?" Stony replies," it is AA Grab".
The morale of the story is that you are pardonable if you have tried your best otherwise you will be unforgivable.
As said , the stagnant price is motivated on purpose for consolidation ie to be acquired at cheap sales before it spikes following the official announcement to be made in due course. Who motivates it from behind? You should know better.
The ROE went from about 10 % in 2017 to very negative ROE over the past few years. But airlines all over suffered from the Covid effects. The question is whether Covid had permanently injured the company so that it cannot recover to its glory day. There are signs of more people flying. So what do you think?
The signs of more people traveling and flying tell it all and are self explanatory. Air transportation is still a necessity for crossing borders and a means from one remote destination to another within the shortest possible time. There is no cause of concern for the profitability of AA as a result
Repost: 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.
Jul 18, 2023 7:49 AM | 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
If you buy and sell on news, you are certain to bite the dust cos you don't have the opportunity to have access to the latest news whether you like it or not. Nevertheless, .we are not in the same category as you are....
Judging from the current and forwarding trends, there is no reason why AAX should not be uplifted of its PN 17 status as all the criterion are already out of PN 17 , which are no longer valid to AAX now.
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Canlah
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Posted by Canlah > 2023-07-21 17:10 | Report Abuse
What if they failed