Posted by ericwwt > 2023-07-25 21:56 | Report Abuse

Another extension means 'price drop' by this week.

Posted by KingKKK > 2023-07-26 06:36 | Report Abuse

Finnair raises profit guidance after positive Q2

https://airinsight.com/finnair-raises-profit-guidance-after-positive-q2/

Posted by harvest6138 > 2023-07-26 08:32 | Report Abuse

Air ticket is still at high side due to limitation of flight schedule , that means they can enjoy higher profit for quite some time .. that should benefit AAX as well , hope to see a good QR next month ..

Posted by ericwwt > 2023-07-26 09:06 | Report Abuse

Going down fast now!

Posted by TheCrown > 2023-07-26 09:16 | Report Abuse

Tony tony

Posted by joyvest > 2023-07-26 09:17 | Report Abuse

it seems that unsuccessful application is forthcoming

Posted by ericwwt > 2023-07-26 09:21 | Report Abuse

No news is bad news. All naik kereta this time.

Posted by joyvest > 2023-07-26 09:30 | Report Abuse

No news is either good news or bad news ......Judging from the reaction of the market , it seems to be bad news.

Posted by ericwwt > 2023-07-26 09:35 | Report Abuse

Ya lor. PK loh... all the way down trend.

Posted by joyvest > 2023-07-26 09:41 | Report Abuse

As pointed out, Bursa is believed not to be keen to set a precedent to uplift a company being marked as PN 17 without submission of RP.

Posted by serbatipu > 2023-07-26 09:43 | Report Abuse

Eh quickly delete comments fast fast, haha

Posted by joyvest > 2023-07-26 09:49 | Report Abuse

Dead line is 28th July , BURSA still has plenty of time to deliberate....

Posted by harvest6138 > 2023-07-26 09:56 | Report Abuse

https://www.nst.com.my/business/2022/03/780622/airasia-x-announces-final-completion-its-debt-restructuring

I thought AAX already completed the RP on their debt and share consolidation , and now they are cash flow also back on track , all these is not considered as RP ?? anyway , so many guessing game here , as small investor , no where we can get the latest insight info , we can only either give up or wait .. if the next QR result is positive and EPS more than 20sens (without reimbursement ) then it could be a big jump in share price ..lets hope for the best ...

Posted by joyvest > 2023-07-26 10:05 | Report Abuse

No RP from AAX but just the past financial information to convince the Bursa that its financial performance has been improving from QR to QR and the steady cashflows generated by AAX are able to meet its debts gradually in satisfaction. With the improving financial performance of AAX from QR to QR from now , AAX is said to be in a better position to devise the constructive RP to salvage Cap A . Thats why AAX has applied for relief from submission of RP

Posted by thethinker > 2023-07-26 11:00 | Report Abuse

buy now. this evening aax will take off. good news coming

Posted by ComponentX > 2023-07-26 11:14 | Report Abuse

LOL literally everyone here keep saying the same thing, stop shit posting. TQ

Posted by joyvest > 2023-07-26 11:24 | Report Abuse

He is positive but not realistic. It would have taken off by now had it been positive. Keep fantasizing ...

Posted by ComponentX > 2023-07-26 11:28 | Report Abuse

Yes i agree with what you said except, trash posting isnt something to justify with positive thinking. Just my 2 cent, dont shoot me

Posted by The_JQuestion > 2023-07-26 11:29 | Report Abuse

i already said before pn17 is too optimistic.... but pn17 will denitely come out next Q,, however bursa to forgo the RP is also too much ... they can give it but they are afraid the same thing will happen to Cap A , nightmare to them

Posted by joyvest > 2023-07-26 11:55 | Report Abuse

Basically, Stony is not keen to devise the RP for AAX but he would rather let the improved financial performance do the the talking with automatic upliftment subject to the approval of Bursa . As for Capital A , Stony would deal with it upon upliftment of AAX's PN 17 status ie one thing at a time...

Posted by joyvest > 2023-07-26 11:57 | Report Abuse

From the reaction of the market on AAX and Cap A as at this hour, it seems to be discouraging....

Posted by joyvest > 2023-07-26 12:09 | Report Abuse

It is felt that Bursa is in a dilemma whether to set a precedent by uplifting AAX without RP. Though the past improved financial performance is factual, it could not be taken as an assurance and/or a basis that the upcoming QR would be improved in similar fashion too. However, it can be argued that the demand for Air transportation is overwhelming now ,there is no reason why the upcoming QRs can not be maintained if not better than the previous ones.

Posted by StartOfTheBull > 2023-07-26 12:35 | Report Abuse

Guessing game.

Posted by The_JQuestion > 2023-07-26 12:38 | Report Abuse

yeap stony pass the ball to bursa haha and bursa has to make the decision to clear for him ... no choice la taikorrrr

Posted by ericwwt > 2023-07-26 14:00 | Report Abuse

Seems like bad news.

Posted by ericwwt > 2023-07-26 14:01 | Report Abuse

It's better to sell now. Lost a little then to suffer major sell down in the afternoon.

Posted by DoubleO > 2023-07-26 14:09 | Report Abuse

Blame Doksuri

Posted by Gv3990 > 2023-07-26 15:29 | Report Abuse

Dont say buy or sell to anyone,dont recommend or suggest,its each persons individual thoughts and opinion.

Posted by AN7889 > 2023-07-26 15:38 | Report Abuse

https://www.orientaldaily.com.my/news/business/2023/07/26/583207

Posted by harvest6138 > 2023-07-26 15:47 | Report Abuse

I saw this report , but can not find from Bursa portal , so, seems like is company release info to press media .. good news is customer is more than previous quarter , Q1 is 504K and Q2 is 620K and traditionally Q2 is their low season , that means we can hope for even better numbers in Q3 ... now is waiting for official QR release , just hope not more one time charges ...pray hard ...

Posted by AN7889 > 2023-07-26 15:52 | Report Abuse

👍

Posted by harvest6138 > 2023-07-26 16:46 | Report Abuse

https://www.klsescreener.com/v2/news/view/1180985/airasia-x-s-seat-capacity-surges-in-2q-2023

English version ..

100k more passengers which could translate to additional RM 70millions of revenue (assume the average fair is RM 700 ,last q is RM 785) ..

Posted by Gv3990 > 2023-07-26 16:51 | Report Abuse

This is the good news

Posted by Gv3990 > 2023-07-26 16:52 | Report Abuse

Kick out all the negativity,shits

Posted by Sslee > 2023-07-26 17:05 | Report Abuse

April-June 2023
AirAsia X’s total fleet size stood at 17 A330s as of the end of June 2023, with 11 aircraft now activated and operational.
818,422 seats capacity
621,984 passengers carried
Passenger Load Factor ("PLF") of 76%

Jan-March 2023
AirAsia X’s total fleet size remained as 14 A330s as of the end of March 2023, with nine aircraft now activated and operational,
630,069 seats capacity
504,476 passengers
Passenger Load Factor ("PLF") of 80%

Posted by Sslee > 2023-07-26 17:07 | Report Abuse

What will be the cost incurred to activate 2 (two) A330s aircraft?

Posted by The_JQuestion > 2023-07-26 17:54 | Report Abuse

what do u think the cost of activate 2 aircraft is ?? like ur car abandon reactivate it.... it is not a worrysome amount SSleee payung what idea? not even a worthy news .... 5 mil? 2 x 5 = 10 mil?? only? is it subtaintial old c*ck lee

Posted by joyvest > 2023-07-26 17:58 | Report Abuse

Costs of aircraft are under leasing .no big deal

Posted by ks5S > 2023-07-26 21:48 | Report Abuse

on the way to 2

Posted by joyvest > 2023-07-26 23:50 | Report Abuse

Judging from the interim,I have my reservation.

Posted by Blacksails > 2023-07-27 03:23 | Report Abuse

AAX probably leased most of its aircraft from Capital A [AirAsia].
AAX does not has enough of its own pilots as well so....

Posted by Sslee > 2023-07-27 08:54 | Report Abuse

KUALA LUMPUR (May 23): Medium-haul low-cost airline AirAsia X Bhd (AAX) said the proposed private placement to raise RM50 million would be a "timely and strategic means" for the airline to raise funds, which will primarily be used for the reactivation and maintenance of its aircraft fleet.

Quarter end 31/03/2023
RM'000
Maintenance and overhaul8 (63,490)

Jan-March 2023
AirAsia X’s total fleet size remained as 14 A330s as of the end of March 2023, with nine aircraft now activated and operational.

April-June 2023
AirAsia X’s total fleet size stood at 17 A330s as of the end of June 2023, with 11 aircraft now activated and operational.

So PP of RM50 million able to support the Maintenance and overhaul for how many quarter?

Posted by harvest6138 > 2023-07-27 09:01 | Report Abuse

RM 50 million cannot last for one quarter even just for maintenance , ha.. so , that is not the real reason for the fund raising ..

Posted by Sslee > 2023-07-27 09:05 | Report Abuse

This is what AAX promised to do to get out of PN17 then.

Following the debt restructuring, it is also proposing a renounceable rights issue of new shares to raise gross proceeds of up to RM300 million from its existing shareholders, as well as a proposed issuance and allotment of new AAX shares to raise another RM200 million.

Posted by icecool > 2023-07-27 09:09 | Report Abuse

aax 1.9 opposite of what rr88 predict, grandmaster sifu ? pui pui pui !!!

Posted by Gv3990 > 2023-07-27 09:13 | Report Abuse

Stop follow and listen to the people who over talks too much,at last nothing.sumore call themself s...omg

Posted by Activestream > 2023-07-27 09:14 | Report Abuse

No need to talk so much just grab your tickets and enjoy the flight.

Posted by joyvest > 2023-07-27 09:20 | Report Abuse

To the observation of the opening TP , it appears that the exit of PN17 status has been factored in the interim price.

Posted by joyvest > 2023-07-27 09:23 | Report Abuse

For sure, AAX must issue shares in order to salvage Cap A but it is a matter of now many shares to be issued be it right issues or additional shares.

Posted by harvest6138 > 2023-07-27 09:49 | Report Abuse

https://www.klsescreener.com/v2/news/view/1181361/%E4%BA%9A%E8%88%AA%E9%95%BF%E7%A8%8B%E5%B7%B2%E9%87%8D%E7%94%9F-%E9%A9%AC%E9%93%B6%E8%A1%8C%E6%8A%95%E8%A1%8C-%E8%82%A1%E4%BB%B7%E6%9C%89%E6%9C%9B%E7%BF%BB%E5%80%8D

Maybank TP is 3.58 , hope this will come true .. finally , IB start to review this counter again ...