@joyvest sold her ass ady ma. Ofcourse become sour grape here. Rm1.80? Pray hard for unexpected bad QR lo. Then it will. But again which airlines making losses this year? Definitely not AAX who doesn't have massive loan to finance.
Based on historical records, it usually takes two months for Bursa to lift PN 17. But it's not something extraordinary. The lifting is almost a done deal. There isn't a need to submit a regularisation plan because there is nothing to regularise anymore. Accounts are super healthy.
In a bourse filing, Seacera said the uplifting of the PN17 status came after the bourse regulator, in a letter on Wednesday, granted the group a waiver from having to submit a regularisation plan.
Hahahaha.. Joyvest genius. No such thing as no need to submit RP? 👋👋👋👋
Like I said. People expect capital A to catch up on the price. Rmbr capital A got 200 planes. Aax only 17. People don't see debts now. They see business. But hold on tight to AAX. Like Maybank said, if all planes moved to AAX, AAX revenue would jump.
Nylex , Serbak and Awantec may be delisted due to the restructure plan not ready before the due date , they all submitted the extension request around the same time that AAX did , seems like AAX is safe as of now , I hope that means AAX will be granted the waiver for RP and upliftment of PN17 .. then fly ....
I just checked the Seacera who just got lifted the PN17 yesterday , they submitted the waiver of RP plan on 20th April and they got the approval on 16th Aug , it took SC almost 4 months to approve this ..
@harvest6138 True, the result of Awantec and others already came out. So far AAX can be consider lifted. Just matter of time to announce. Even from the Big Brothers researcher said AAX not received any negative feedback. Can said that the floor already set, SKY IS THE LIMIT. Ffffeeelllaaaaiiiiiiii
1 of the reason could be SC monitoring their business performance. That is why I said is important to be have a good result in coming QR. That likely would help to fasten the PN17 lifting.
Don't think it would be this week @Pep. I expect nearer to the mth end before merdeka. But they never consistent. Sometimes 19th, some 29th. We shall wait n see.
Expect higher revenue based on higher RPK and carried more passenger compared to last QR. Profitability would be the crucial key point. Estimate rm40m- 70m.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 7303 views | 6 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
joyvest
10,193 posts
Posted by joyvest > 2023-08-11 15:48 | Report Abuse
No RP , no upliftment . share price is expected to be stagnant if not depressed further