AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

1.94

Today's Change

-0.10 (4.90%)

Day's Change

1.92 - 2.03

Trading Volume

5,618,100


53 people like this.

45,282 comment(s). Last comment by abidinaa 49 minutes ago

Posted by harvest6138 > 2023-08-03 14:29 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/08/03/lufthansa-sees-high-demand-in-h2-after-q2-profit-jump

Another air line company report better earning .. Aviation industry is flying ...

Posted by RobinHootnShoot > 2023-08-03 14:31 | Report Abuse

Out from PN17 or not, aviation industry is very hot for 2nd half of this year

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-08-03 14:34 | Report Abuse

With aax and cap A fully functional ... we can hope to see 2x revenue for AAX and record profit , CHINA KOREA JAPAN AUS alone aax is going to conquer for the year END with fuel price regulating and low... GOOD n only BETTER

Ravi Kumar

3,660 posts

Posted by Ravi Kumar > 2023-08-03 15:07 | Report Abuse

tut tut tut master koyak with punctured crystal ball rr88 2.06 ehh today??? Wakakaka confirmed fake

DoubleO

78 posts

Posted by DoubleO > 2023-08-03 15:36 | Report Abuse

Should onboard now before another +53c hit and another by year end !

Posted by Spacewhalezz > 2023-08-03 15:42 | Report Abuse

pick up more first

Posted by 9vegetable > 2023-08-03 16:40 | Report Abuse

cut dulu... next week see how again

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-08-03 16:45 | Report Abuse

month end 3++ dont believe me, aax will show u fly to SKY LIMIT UP..

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-08-03 16:46 | Report Abuse

we see if IB 3.58 will come true or not ! Pn17 release and bomb QR... double limit up all is planned, stony the magician doubt from 20 sens?

paktua73

18,357 posts

Posted by paktua73 > 2023-08-03 17:04 |

Post removed.Why?

SinGor

4,932 posts

Posted by SinGor > 2023-08-03 17:08 | Report Abuse

AirAsia has to Double Ticket price when oil Hit $85 or else like previously it will lose around 400-800mil every
Qr----AAX is No different. Jet Fuel is main factor in aax

Gv3990

47 posts

Posted by Gv3990 > 2023-08-03 17:50 | Report Abuse

Paktuan73
Where you get the tp from?

Posted by harvest6138 > 2023-08-03 17:52 | Report Abuse

Last QR report , the average fuel cost is USD 116/barrel , and yet they make 112 millions of profit (after deduct the one off gain 215 millions ) , so , what is the profit they will make for the oil price of USD 85 ?? That actually is one of the reason why I believe they will make more money in this coming QR as the fuel price has gone down a lot in past few months ....

Posted by David Gunter > 2023-08-03 18:05 | Report Abuse

SinGor have you heard of hedging?? Wakakakaka lol

ericwwt

76 posts

Posted by ericwwt > 2023-08-04 08:44 | Report Abuse

Hahaha! Airlines mostly hedge oil prices.

ericwwt

76 posts

Posted by ericwwt > 2023-08-04 08:45 | Report Abuse

If there is no more news by these few days then this counter will keep falling.

ericwwt

76 posts

Posted by ericwwt > 2023-08-04 08:46 | Report Abuse

Most overbought last week thinking there would be news from Bursa. Now everyone is shaking.

Ravi Kumar

3,660 posts

Posted by Ravi Kumar > 2023-08-04 09:12 | Report Abuse

tut tut tut tut rr88 2 to 3 trading days already Confirmed Crystal Ball Pancit wakakakaka loser

Posted by harvest6138 > 2023-08-04 09:15 | Report Abuse

In two to three weeks time , when PN17 status and QR released , we will know what we are betting is correct or not .. lets hope AAX can be another Genetec , that would be wonderful .. that is possible if they can maintain the EPS 50 sens ( 220millions profit ) consistently ..

DoubleO

78 posts

Posted by DoubleO > 2023-08-04 09:23 | Report Abuse

YOU KNOW WHAT TO DO !!!

Ravi Kumar

3,660 posts

Posted by Ravi Kumar > 2023-08-04 09:37 | Report Abuse

Fake id created just for AAX wakakakakaka amateur

ericwwt > 49 minutes ago | Report Abuse

Most overbought last week thinking there would be news from Bursa. Now everyone is shaking.

moneycashrich

2,101 posts

Posted by moneycashrich > 2023-08-04 09:54 | Report Abuse

cut loss and now crying for the technical magic

Ravi Kumar

3,660 posts

Posted by Ravi Kumar > 2023-08-04 09:56 | Report Abuse

tut tut tut rr88 cari telor kah? Better don't use punctured crystal ball

DoubleO

78 posts

Posted by DoubleO > 2023-08-04 10:00 | Report Abuse

incoming +53c !

moneycashrich

2,101 posts

Posted by moneycashrich > 2023-08-04 10:00 | Report Abuse

looking for 2.49 or 2.00 please choose . cut loss cry or laugh ?

Ravi Kumar

3,660 posts

Posted by Ravi Kumar > 2023-08-04 10:01 | Report Abuse

Macam limit up hari ini coming. Upliftment ke???

teknikal

184 posts

Posted by teknikal > 2023-08-04 10:04 | Report Abuse

Golden cross technical trend confirmed, BULLISH ahead.

MA20 consistently above MA50 for the past 5 trading days. AAX withstand the selling pressure and come back stronger.

Posted by Activestream > 2023-08-04 10:05 | Report Abuse

Ladies and gentleman please ready your tickets for non-stop flight up !!!

rr88

6,532 posts

Posted by rr88 > 2023-08-04 10:15 | Report Abuse

DEAD CAT BOUNCE ACROSS THE BOARD.

No trouble dont go looking for trouble.
STAY SIDELINED WITH 100% CASH.

BIG DROP AHEAD ACROSS THE BOARD.

Last warning from me. Bcause i pity you. I am the master. I am 20 steps ahead of you.

Sayonara.



Ravi Kumar

3,660 posts

Posted by Ravi Kumar > 2023-08-04 10:22 | Report Abuse

rr88 dead cat bounce grand father bounce grandmother running wakakakaka

KingKKK

466 posts

Posted by KingKKK > 2023-08-04 10:24 | Report Abuse

Mexican low-cost airline, Viva Aerobus Records $24 Million Net Profit In Q2

Viva Aerobus had a strong second quarter, with a 25.4% increase in operating revenue and a $24 million net income, driven by higher demand in domestic and international markets.

The airline's performance in the first half of 2023 exceeded the total revenue of the entire year of 2019, thanks to effective revenue streams and low fares to stimulate demand.

https://simpleflying.com/viva-aerobus-24-million-profit-q2/

Johnngg

21 posts

Posted by Johnngg > 2023-08-04 10:25 | Report Abuse

another round profit taking on going ....

klee

3,525 posts

Posted by klee > 2023-08-04 10:28 | Report Abuse

PMX madani govt is committed to building a vibrant bursa.

moneycashrich

2,101 posts

Posted by moneycashrich > 2023-08-04 10:30 | Report Abuse

playing dead cat today theme ......warning.....frightened or not ?

klee

3,525 posts

Posted by klee > 2023-08-04 10:30 | Report Abuse

Dunno see rr88 posted how many times adios ady.Joker memang joker.Wakaka.

KingKKK

466 posts

Posted by KingKKK > 2023-08-04 10:31 | Report Abuse

India’s low cost airline, IndiGo Reports Its Highest-Ever Quarterly Net Profit of $373 million

IndiGo has reported its highest-ever quarterly profit of almost ₹31 billion ($373 million) for Q1, a massive shift from last year's net loss of ₹10 billion ($128 million) for the corresponding period.

Factors contributing to IndiGo's success include increased scale of operations, lower fuel costs, and favorable foreign currency movement, resulting in a 30% year-on-year increase in revenue.

IndiGo added 12 passenger aircraft in the last quarter and had a 63.2% market share by June end.

https://simpleflying.com/indigo-highest-ever-quarterly-net-profit/

Canlah

642 posts

Posted by Canlah > 2023-08-04 11:39 | Report Abuse

all you guys dreaming lah, AAX aslo no confident uplift granted. No wonder they apply for EXTENSION. If the uplift not granted the price will drop like hell, gap down like hell want cut lost also very hard. Better enter after news came out.. hahaha scary

Canlah

642 posts

Posted by Canlah > 2023-08-04 11:39 | Report Abuse

all you guys dreaming lah, AAX aslo no confident uplift granted. No wonder they apply for EXTENSION. If the uplift not granted the price will drop like hell, gap down like hell want cut lost also very hard. Better enter after news came out.. hahaha scary

Posted by AlphaInvestor > 2023-08-04 12:05 | Report Abuse

After so many days, the market already assume it will be an Extension and must submit RP. Those that scared about cannot uplift already sold on Tuesday/Wednesday.

So, when the news about cannot uplift is out drop 1%-3% then reverse back because super result will be out soon.

Posted by harvest6138 > 2023-08-04 12:17 | Report Abuse

Agree , as long as no big surprise (like big amount of one time charges or forex exchange loss) , the QR should be good ..

Posted by David Gunter > 2023-08-04 12:35 | Report Abuse

I pity you really. Why apply for extension? Because no update from Bursa!!!! Better pro actively apply isn't it. You can be fortune telling spinning stories


Canlah
all you guys dreaming lah, AAX aslo no confident uplift granted. No wonder they apply for EXTENSION. If the uplift not granted the price will drop like hell, gap down like hell want cut lost also very hard. Better enter after news came out.. hahaha scary

Posted by AlphaInvestor > 2023-08-04 14:22 | Report Abuse

JPM Upgrades CATHAY PAC AIR (00293.HK) to Overweight, Lifts TP to $11

http://www.aastocks.com/en/stocks/news/aafn-news/NOW.1280720/2

JPMorgan reported that Asian airlines have been seeing higher yield and robust profitability, especially when the fleet capacity reinstatement of Hong Kong and mainland Chinese airlines continue to lag behind the trend of rising demand.

Propped up by an unprecedented travel revival, prices of flight tickets could remain elevated for a longer period of time. As such, the broker upgraded the rating on CATHAY PAC AIR (00293.HK) from Neutral to Overweight, on the assumption that the airline will follow in the footsteps of regional peers (such as Singapore Airlines and Qantas) and international peers (such as European and US airlines).

*********************
What if JP Morgan initiate coverage on AAX? Since Maybank already done that ... ?

7chewe

397 posts

Posted by 7chewe > 2023-08-04 14:56 | Report Abuse

waiting upliftment of PN17
waiting upcoming QR in 1 week plus only

not enough booster
imagine the price if both is very positive (and surely is!)

wait no more...TAYOR!

rr88

6,532 posts

Posted by rr88 > 2023-08-04 16:01 | Report Abuse

I told u it was a dead cat bounce.
The chart says its downtrending n will go lower than yesterdays low of 2.22.

Lari lah. Dump to 2.31/2.30. If u dont lari today, you will be in trouble next week.

It was a con report by IB. It worked the first time. They try to play it again, no longer successful.

Non con target is below 1.57. This company had been loss making in most years since listed 2013 - 2019 b4 covid. Business model is just not good.

Ravi Kumar

3,660 posts

Posted by Ravi Kumar > 2023-08-04 16:10 | Report Abuse

rr88 last week was this week now next week. what a conman tut tut tut loser rr88

moneycashrich

2,101 posts

Posted by moneycashrich > 2023-08-04 16:20 | Report Abuse

warning...........dump this week no more.

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-08-04 16:34 | Report Abuse

dump again?? lower than 1.55 TP again?? because PP at 1.55? nvr reach, rm 3 SOON ! dont miss the flight once sold out no more seats, u can only jump the plane HOHO

Ravi Kumar

3,660 posts

Posted by Ravi Kumar > 2023-08-04 16:40 | Report Abuse

wow rr88 AAX not even in the top 10 volume today and yet your broken crystal ball says dumping? wakakakakaka LOL

Posted by David Gunter > 2023-08-04 17:14 | Report Abuse

Lots of buying between 2.32 to 2.35 rr88 you know basic maths ????

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