AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

1.95

Today's Change

-0.09 (4.41%)

Day's Change

1.92 - 2.03

Trading Volume

3,165,700


53 people like this.

45,280 comment(s). Last comment by Junx Leow 8 hours ago

Canlah

642 posts

Posted by Canlah > 2023-08-28 15:23 | Report Abuse

EPS

Canlah

642 posts

Posted by Canlah > 2023-08-28 15:24 | Report Abuse

EPS ALL USELESS LAH

Canlah

642 posts

Posted by Canlah > 2023-08-28 15:24 | Report Abuse

Slaughter begin.

Canlah

642 posts

Posted by Canlah > 2023-08-28 15:24 | Report Abuse

Later don't tell I'm not remind you wor

Posted by PepGuardiola > 2023-08-28 15:32 | Report Abuse

QR not yet come out, by today or tmr sure come out let's sail to 2.80

purple70

269 posts

Posted by purple70 > 2023-08-28 15:53 | Report Abuse

Operator had taken over fundamentals...but once its out of PN17, funds will pour in!

Posted by PepGuardiola > 2023-08-28 16:09 | Report Abuse

Change plan. Cut

Posted by PepGuardiola > 2023-08-28 16:10 | Report Abuse

Fuhh this operator

Heavy987

135 posts

Posted by Heavy987 > 2023-08-28 16:14 | Report Abuse

Ahahahahhaa

Heavy987

135 posts

Posted by Heavy987 > 2023-08-28 16:14 | Report Abuse

Pump and dump

Joker68

58 posts

Posted by Joker68 > 2023-08-28 16:16 | Report Abuse

In order for this counter to fly further qoq report need to be better. Otherwise most likely nose dive

rr88

6,532 posts

Posted by rr88 > 2023-08-28 16:21 | Report Abuse

Shooting star candle babe.
Run for yr life.
Tp 2.09 the 26may2023 closing price.

Posted by 9vegetable > 2023-08-28 16:25 | Report Abuse

potong vege liao!

Posted by OldtimerTrader > 2023-08-28 16:32 | Report Abuse

Vroom, buy below rm3

Posted by Activestream > 2023-08-28 16:33 | Report Abuse

chill lah see the chart panick selling just now to collect from u panicky sellers !!!

Posted by kaninabu > 2023-08-28 16:42 | Report Abuse

wah time to collect liao

Posted by PepGuardiola > 2023-08-28 16:44 | Report Abuse

Selling pressure too strong now

Posted by PepGuardiola > 2023-08-28 16:44 | Report Abuse

Careful

Yezzy99108

410 posts

Posted by Yezzy99108 > 2023-08-28 16:44 | Report Abuse

yeah right. Continue to dump rather than collect now

Posted by PepGuardiola > 2023-08-28 16:49 | Report Abuse

Q2 loss or what simply cut off people
Inside news?

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2023-08-28 16:51 | Report Abuse

who knows big boss keluar dulu scared ... ?? we will know soon

Canlah

642 posts

Posted by Canlah > 2023-08-28 16:51 | Report Abuse

HAHAHAHAHAHAHAHAHAHA WHERE IS ACTIVESTREAM NOW YOU TRUST YOUR CHART OR 30 YEARS EXP

Canlah

642 posts

Posted by Canlah > 2023-08-28 16:51 | Report Abuse

SLAUGHTER FROM 2.63!!!

Posted by Activestream > 2023-08-28 16:56 | Report Abuse

I am the lower point dummy I don't fomo buy , anytime I can tp out first No loss for me !!!!

Canlah

HAHAHAHAHAHAHAHAHAHA WHERE IS ACTIVESTREAM NOW YOU TRUST YOUR CHART OR 30 YEARS EXP

questra

204 posts

Posted by questra > 2023-08-28 17:04 | Report Abuse

I buy at 0.41 le :))))

so fun read u all chat hihix

Posted by mikewazowski > 2023-08-28 17:09 | Report Abuse

die la QR profit drop so much despite air travel boom

Joker68

58 posts

Posted by Joker68 > 2023-08-28 17:09 | Report Abuse

Congrats to all. Still making profit this quarter. Whether its enough or not u guess.

Posted by harvest6138 > 2023-08-28 17:16 | Report Abuse

The average fare drop .. RM 232 difference between Q1 and Q2 .. news said Q3 price is higher ..

Posted by harvest6138 > 2023-08-28 17:18 | Report Abuse

shareholder equity is 96m now , so meeting the upliftment criteria ...

izoklse

5,272 posts

Posted by izoklse > 2023-08-28 17:21 | Report Abuse

perghh all the way jatuh. Goodluck la who still holding at high.

SinGor

4,931 posts

Posted by SinGor > 2023-08-28 17:23 | Report Abuse

aax has returned back to its Old self, the more it fly, the more it loss money

Posted by Zachdragon > 2023-08-28 17:33 | Report Abuse

I don’t understand… how is it nosediving when it is making a profit?

Posted by BursaVulture > 2023-08-28 17:33 | Report Abuse

Airline business is always a tough cut throat business. Only for short term gamble. Never hold for long term.

SinGor

4,931 posts

Posted by SinGor > 2023-08-28 17:35 | Report Abuse

1.55 private placement in danger. How to raise money, RI,, aax has no asset backing, only leasing planes ( 1 billion
lease liabilities )

Posted by harvest6138 > 2023-08-28 17:40 | Report Abuse

The only positive signs of this QR is cash on hand increased from 192m to 268m , and shareholder equity from 40m to 90m.. the rest .. hope Q3 average fares hike will help ..

Posted by GoldenBull66 > 2023-08-28 17:42 | Report Abuse

The traditional slower QR for airlines. The sharp dropped in profit due to Forex exchange loss of 32m. Or else they would be making better profit. So would USD continue to grow stronger? If yes, then profit margin would be squeezed. Still a good QR as NTA continue to raise to 0.22.

SinGor

4,931 posts

Posted by SinGor > 2023-08-28 17:51 | Report Abuse

Got spare money, wait!!!. Aax back to 1.50---40% plunge this week. Then Tony will pump-back to make millions.

mlike

1,022 posts

Posted by mlike > 2023-08-28 17:51 | Report Abuse

So tomorrow gg?

Joker68

58 posts

Posted by Joker68 > 2023-08-28 17:59 | Report Abuse

Sooner or later airfare will normalise. Same with gloves demand before.

Posted by mikewazowski > 2023-08-28 18:01 | Report Abuse

1% profit margin, even small uncle company higher profit than this co

ks5S

4,601 posts

Posted by ks5S > 2023-08-28 18:29 | Report Abuse

make profit already. Now waiting to come out of pn17.
tomorrow will go up

ks5S

4,601 posts

Posted by ks5S > 2023-08-28 18:46 | Report Abuse

The Company posted a net profit of RM5.5 million for the quarter, a turnaround from net loss of RM652.5 million compared to the same period last year. In 2Q23, the Company registered revenue of RM512.9 million, over four times higher year-on-year ("YoY"), driven by the recovery of the Company's scheduled flights operations as more aircraft were brought back to service; as of 30 June 2023, the Company had 11 aircraft activated, compared to five aircraft during the same corresponding period last year. Overall, the turnover this quarter evidently marks a notable recovery rate of over 50% compared to the Company's performance in 2019, which is notable as the number of aircraft it operates remains less than half of the operational fleet number in 2019.

ks5S

4,601 posts

Posted by ks5S > 2023-08-28 18:47 | Report Abuse

Compared to the same period last year, the increase in earnings is attributable primarily to the surge in seat capacity, which grew by over 26 times YoY to 818,422 seats flown as more aircraft were operational and the airline's network was optimised . During the quarter under review, the Company carried a total of 621,984 passengers, delivering a surge of 70 times YoY, consequently posting a healthy Passenger Load Factor ("PLF") of 76%, which is 47 percentage points higher that the 29% PLF reported for the corresponding quarter ended 30 June 2022. As seat capacity grew along with the recovery of the Company's network, Available Seat Kilometres ("ASK") was recorded 25 times higher YoY, standing at 3,509 million, with a recovery rate of 42% against the corresponding period in 2019.

Posted by sense maker > 2023-08-28 18:59 | Report Abuse

RM1.74 tomorrow?

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2023-08-28 19:06 | Report Abuse

It is time to let it go when the music stop before regretting for big~

Sslee

6,901 posts

Posted by Sslee > 2023-08-28 19:27 | Report Abuse

Can't wait to read what Maybank IB Research next update on AAX.

In a note on Thursday (July 27), Maybank IB Research aviation analyst Samuel Yin Shao Yang said that moreover, AAX is now effectively debt-free.

He forecast record core net profit of RM160.1 million for FY2023 and RM256.5 million for FY2024.

“Ascribing 10 times CY2023 estimated PER (price-earnings ratio) to AAX, we derive a TP of RM3.58.

ZenSen

73 posts

Posted by ZenSen > 2023-08-28 19:34 | Report Abuse

But NP for both current Q1 + Q2 > RM200mil ??

Joker68

58 posts

Posted by Joker68 > 2023-08-28 19:50 | Report Abuse

What will happen to over expectation of AAX.

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