Posted by Gv3990 > 2023-07-28 08:29 | Report Abuse

If aax not doing good will con dam,if doing good will praist wan,what shit life by this 3 bs

Posted by joyvest > 2023-07-28 08:32 | Report Abuse

You and me may not care but Bursa cares the most. As highlighted, what bursa wish is that either both( AAX and Cap A) go down from listing or both are out of PN 17 status . Both are not mutually exclusive.

Thats why Bursa insists on submission of RP for both. It is as simple as that.

Posted by Gv3990 > 2023-07-28 08:39 | Report Abuse

Is it ok and thank you so much for the info, we know what to do.No need to say sell or buy to people.

Posted by icecool > 2023-07-28 08:55 | Report Abuse

wow 2.5 nice can get rich

Posted by Sslee > 2023-07-28 08:56 | Report Abuse

AAX is eligible to have its PN17 classification lifted as its shareholders’ equity has already exceeded MYR40.0m and it has delivered 3 consecutive quarters of profits. On the other hand, CAPITALA has not.

Posted by EngineeringProfit > 2023-07-28 08:57 | Report Abuse

Airasia can fly?

Posted by EngineeringProfit > 2023-07-28 08:58 | Report Abuse

Still cheap?

Posted by EngineeringProfit > 2023-07-28 08:59 | Report Abuse

10......9........8...........

Posted by troy88 > 2023-07-28 09:00 | Report Abuse

Yes, fly to the moon!

Posted by EngineeringProfit > 2023-07-28 09:01 | Report Abuse

Got $$$$$$$$$$$$$$$ to collect?

Posted by Sslee > 2023-07-28 09:01 | Report Abuse

CapitalA is at risk of trading suspension and delist if CapitalA cannot submit PN 17 regularisation plan on or before 7 October 2023

Posted by EngineeringProfit > 2023-07-28 09:03 | Report Abuse

CapitalA cannot HUUUUAAAAAAAAAAT?

Posted by joyvest > 2023-07-28 09:03 | Report Abuse

Yes, AAX is technically out of PN 17 but not Cap A . Bursa's stand is very clear and firm, Upliftment of both or nothing. To Bursa, both are not mutually exclusive.

Posted by fortunefire > 2023-07-28 09:05 | Report Abuse

huat liao

Posted by EngineeringProfit > 2023-07-28 09:05 | Report Abuse

Young ppl got no patience these days. Cannot wait for the status to be lifted

Posted by EngineeringProfit > 2023-07-28 09:06 | Report Abuse

Quickly all swing over

Posted by Gv3990 > 2023-07-28 09:07 | Report Abuse

wahhh flying

Posted by EngineeringProfit > 2023-07-28 09:07 | Report Abuse

Once lifted, will CapitalA overtake AAX?

Posted by icecool > 2023-07-28 09:10 | Report Abuse

sure limit up again hahaha

Posted by Sslee > 2023-07-28 09:10 | Report Abuse

Bursa is governed by listing rule and regulation and cannot impose new condition of Upliftment of both or nothing. Each must has the own merit to be uplifted out of PN17.

Posted by joyvest > Jul 28, 2023 9:03 AM | Report Abuse
Yes, AAX is technically out of PN 17 but not Cap A . Bursa's stand is very clear and firm, Upliftment of both or nothing. To Bursa, both are not mutually exclusive.

Posted by EngineeringProfit > 2023-07-28 09:11 | Report Abuse

Put fundamental aside for now, Sslee. Swim along with sharks first, remember (but don't get bitten)

Posted by paktua73 > 2023-07-28 09:12 |

Post removed.Why?

Posted by Sslee > 2023-07-28 09:14 | Report Abuse

Posted by EngineeringProfit > Jul 28, 2023 9:07 AM | Report Abuse
Once lifted, will CapitalA overtake AAX?

How to lift CapitalA out of PN17 when CapitalA balance sheet is terrible?

Repeat.
Stony himself also find it so difficult to overcome the CapitalA Balance Sheet as at 31/3/2023 of:
Net current liabilities: RM (8,524,896,000)
And Net total assets/total equity : RM (9,376,200,000)

Repeat and remind those cannot do math: The sum is not in million or hundred million but in billion. RM (9,376,200,000)

That is why the PN17 regularisation plan keep postpone postpone postpone postpone postpone postpone postpone postpone postpone repeat ad infinitum

Delist is inevitable. (If Stony cannot come out with PN17 regularisation plan)

Om Mani Padme Hum
Om Mani Padme Hum
Om Mani Padme Hum

Posted by fortunefire > 2023-07-28 09:15 | Report Abuse

today tp 2.7x

Posted by icecool > 2023-07-28 09:17 | Report Abuse

limit up again

Posted by joyvest > 2023-07-28 09:18 | Report Abuse

From your posting below which is self-explanatory ,it can be conferred that Bursa 's stand is very loud and clear. No RP for both by the deadline , No Upliftment of both. Basically, Upliftment of both or nothing.
-------------------------------------
Repost from capitalA forum:

On behalf of the Board of Directors of the Company, RHB Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 27 July 2023 resolved to grant the Company an extension of time of 3 months up to 7 October 2023 to submit its regularisation plan to the regulatory authorities.

The extension of time is without prejudice to Bursa Securities' right to proceed to suspend the trading of the listed securities of the Company and to de-list the Company in the event:

(i) the Company fails to submit its regularisation plan to the regulatory authorities on or before 7 October 2023;

(ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; or

(iii) the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.

Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of the Company on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company's right to appeal against the delisting.

This announcement is dated 27 July 2023.

CapitalA Deadline: 7 October 2023

Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of the Company on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company's right to appeal against the delisting

1 hour ago

Posted by paktua73 > 2023-07-28 09:18 |

Post removed.Why?

Posted by Johnchew5 > 2023-07-28 09:20 |

Post removed.Why?

Posted by joyvest > 2023-07-28 09:23 | Report Abuse

Deadlines for both are synchronised ie 7/10/23. Its do or die situation whereby AAX and Cap A are bonded like the conjoined twins who are inseparable. They are not mutually exclusively in the view of Bursa.

Posted by PepGuardiola > 2023-07-28 09:24 | Report Abuse

Ignored all Naysayers, Sourgrapes and rr88. rr88 always toxic talk eveywhere. Congrats to guys who loaded at 1.69 to 1.77

Posted by EngineeringProfit > 2023-07-28 09:24 | Report Abuse

How are they linked together in the running of the fight business? In how many ways?

Posted by EngineeringProfit > 2023-07-28 09:26 | Report Abuse

NObody want to sell cheap?

Posted by PepGuardiola > 2023-07-28 09:26 | Report Abuse

Wish you prosper. Whoever miss the boat, its okay there's still chances. FFLLYYYYYYYYYYYYYYYYYYYYY

Posted by joyvest > 2023-07-28 09:30 | Report Abuse

If AAX and Cap A were viewed to be mutually exclusive by Bursa, AAX's PN 17 status would have been uplifted by now. Bursa has chosen not to do so and exercised its right for the said decision irrespective of their respective merits

Posted by paktua73 > 2023-07-28 09:31 |

Post removed.Why?

Posted by Patient Investor > 2023-07-28 09:36 | Report Abuse

If Cap-A delisted, I dont see how it would imptact AAX. Cap-A operation will be ongoing and supporting AAX.
Cap-A internally generate cash flow is sufficient to sustain debt repayment.

More interested in how the injection would be if it do happens. and how much dilution would happens to AAX.
Or due to the heavy debt incurred, there wont be much dilution on AAX at all ...

Posted by paktua73 > 2023-07-28 09:36 |

Post removed.Why?

Posted by joyvest > 2023-07-28 09:37 | Report Abuse

Deadlines for both are synchronised ie 7/10/23. Its do or die situation whereby AAX and Cap A are bonded like the conjoined twins who are inseparable. They are not mutually exclusive in the view of Bursa.

Posted by paktua73 > 2023-07-28 09:38 |

Post removed.Why?

Posted by KingKKK > 2023-07-28 09:41 | Report Abuse

Singapore Airlines Group Post Record Quarterly Profit

https://airwaysmag.com/singapore-airline-record-profits/

Singapore Airlines one quarter made SGD734 million. In Ringgit, about RM2.5 billion.

Now AAX market cap about RM1.1 billion only.

I think might as well SG Airlines offer to buy 100% stake of AAX using 1 quarter of profit

Posted by zhen wei & JP > 2023-07-28 09:42 | Report Abuse

A million dollar.

Posted by paktua73 > 2023-07-28 09:57 |

Post removed.Why?

Posted by rr88 > 2023-07-28 10:02 | Report Abuse

Tikam tikam, tertikam hu hu..
It is called a SHOOTING STAR top reversal. You dont run you die.

2016 - 2019: some alternate qtrs they make money, some alternate qtrs they lose money. Its the nature of this business. Nothing will change.

Posted by ikanbiliskering > 2023-07-28 10:04 | Report Abuse

rr88 show time~ hehe

Posted by AlphaInvestor > 2023-07-28 10:07 | Report Abuse

Maybank TP is RM3.58

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2023-07-28-story-h-244610643-Maybank_IB_Re_initiates_Coverage_on_AirAsia_X_Forecasts_Record_FY2023_a

Posted by paktua73 > 2023-07-28 10:07 |

Post removed.Why?

Posted by joyvest > 2023-07-28 10:10 | Report Abuse

Who is the sign of indicating downturn here ? its not the shooting star nor is the Northern star. its ... u know I know and Paktua is his greatest fan....

Posted by paktua73 > 2023-07-28 10:17 |

Post removed.Why?

Posted by joyvest > 2023-07-28 10:23 | Report Abuse

Yea , Now everyone can fly " kite"....

Posted by Ravi Kumar > 2023-07-28 10:27 | Report Abuse

You heard from Fred Tham is it? Or your crystal ball pancit??? Wakakakakaka

Tikam tikam, tertikam hu hu..
It is called a SHOOTING STAR top reversal. You dont run you die.

2016 - 2019: some alternate qtrs they make money, some alternate qtrs they lose money. Its the nature of this business. Nothing will change.