Posted by The_JQuestion > 2023-08-28 19:54 | Report Abuse

interesting... let's see if shareholders will sell their stocks or not tomorrow :))

Posted by SinGor > 2023-08-28 20:41 | Report Abuse

Tomolo Aax will be hit by One, Two punch plus a sucker punch. First, Profit Taking, next, Shorties forming Long
lines around the corner. Last, the Sucker punch, buyers make excuse----- goes for Merdeka Holiday

Posted by StartOfTheBull > 2023-08-28 21:31 | Report Abuse

What? Net profit only RM5.5 million?

Posted by MarketPredictor > 2023-08-28 22:00 | Report Abuse

As of end-June, AAX’s cash balance was RM269 million while shareholders’ equity stood at RM96.1 million.
PN17 going to be lifted.....

Posted by MarketPredictor > 2023-08-28 22:02 | Report Abuse

What will happen when a company's PN17 status is lifted???

Posted by The_JQuestion > 2023-08-28 22:08 | Report Abuse

HEHEH i3licker based on news, let's see tomorrow. i expect it to be 2.40 or more at closing. that will send a beautiful message :)

Posted by mf > 2023-08-28 22:11 | Report Abuse

Quarter Result

Quarter Result on 30-Jun-2023[#2] QoQ - -98.31% YoY - 100.85%.

Posted by The_JQuestion > 2023-08-28 22:15 | Report Abuse

take a look at the qr... not too bad ,, i expect capital A to be similar :)) , dont be shocked tomorrow

Posted by MarketPredictor > 2023-08-28 22:16 | Report Abuse

Maybank Investment Bank (Maybank IB) Research expects its 2Q23 core net profit to hit about RM30mil as compared to 1Q23 earnings of RM42.5mil.

Posted by izoklse > 2023-08-28 22:17 | Report Abuse

Sell on news

Posted by MarketPredictor > 2023-08-28 22:18 | Report Abuse

More importantly, AAX stated demand and fares are rising in 3Q23 on seasonally higher demand. Traditionally the airline carries fewer passengers in 2Q23 due to seasonally lower demand.

Posted by The_JQuestion > 2023-08-28 22:18 | Report Abuse

Overall, the Group reported an EBITDA of RM460.9 million, 120% higher than the same period in 2019, i.e., preCOVID-19 level of RM385.3 million. This is mainly driven by the higher average base fare and average ancillary
revenue per passenger of RM533 and RM236, respectively (Pre-COVID-19, 2019: average passenger fare -
RM437, average ancillary revenue per passenger - RM166) with a normalised passenger load factor of 76% (PreCOVID-19: 80%).Revenue remained strong at RM512.9 million albeit a slight 7% dip with Q2'23 being traditionally a low-sales
season. This is backed by the 21% increase in ASK capacity with a load factor of 76%. Q3 / Q4 going to be better? Q2 is weakest.
he is right on net operating profit :))

Posted by MarketPredictor > 2023-08-28 22:27 | Report Abuse

What is the 2Q2023 core net profit? MAYBANK IB forecasting rm30mil compare to 1Q2023 core net profit of rm42.5mil...

Posted by ks5S > 2023-08-28 22:55 | Report Abuse

as long as no more pandemic, AAX will continue to recover.
Is a good time to collect on any dip on share price

Posted by ks5S > 2023-08-28 22:59 | Report Abuse

https://www.businesstoday.com.my/2023/08/28/aax-saw-its-q2-revenue-jump-5-fold-to-rm512-million-remains-in-the-black/

Posted by Joker68 > 2023-08-28 23:31 | Report Abuse

After 1Q report out it dive. This time maybe it will fly instead. Who knows.

Posted by Ravi Kumar > 2023-08-29 08:06 | Report Abuse

I don't expect it to go below 2.20 though everyone will be heading to the only one exit

Posted by MarketPredictor > 2023-08-29 08:13 | Report Abuse

Important is what the IB thinks..... It could go green??? PN17 lifting....

Posted by mf > 2023-08-29 08:31 | Report Abuse

Quarter Result

Quarter Result on 30-Jun-2023[#2] QoQ - -98.31%

Posted by SinGor > 2023-08-29 08:40 | Report Abuse

Maybank Investment Bank (Maybank IB) Research expects its 2Q23 core net profit to hit about RM30mil as compared to 1Q23 earnings of RM42.5mil.
_________________________________

Aiyaa, this Maybank analyst is just a fresh graduate TRYING to impressive his Boss......Now he is planning
to jump Ship and become a politican instead

Posted by rr88 > 2023-08-29 08:54 | Report Abuse

Profit 5mil only.
I told u that IB report was wrong.
I told u this company was in loss years more than in profitable years since listing 2013 - 2019 b4 the pandemic.

I told u share price will stabilise below 1.56, this was where it was downtrending b4 the IB interrupted with with false hype.

Sell! Run 4 yr life.

Posted by moneycashrich > 2023-08-29 09:05 | Report Abuse

so happy for the bears......

Posted by Zachdragon > 2023-08-29 09:22 | Report Abuse

i don't feel so good. I feel sick. I feel like I want to jump down like the stock price......

Posted by mf > 2023-08-29 09:27 | Report Abuse

collect time

Posted by Waem2889 > 2023-08-29 09:28 | Report Abuse

What is happening

Posted by Miguel_Felix > 2023-08-29 09:32 | Report Abuse

runnnn

Posted by joyvest > 2023-08-29 09:33 | Report Abuse

WTF is going on? QR results are not up to expectation?

Posted by joyvest > 2023-08-29 09:37 | Report Abuse

Only 5 m as compared to massive profit of 327m last Qtr.

Why is it so pathetic? No relief for RP is expected.the share price is expected to plunge in days to come.....

Posted by paktua73 > 2023-08-29 09:38 |

Post removed.Why?

Posted by ks5S > 2023-08-29 09:41 | Report Abuse

as long as no pandemic and reasonable oil price, can buy and keep

Posted by moneycashrich > 2023-08-29 09:43 | Report Abuse

If we read SSlee posts, we will not be harmed by the drop and still make money in this stock and laughing to the bank.

Posted by paktua73 > 2023-08-29 09:45 |

Post removed.Why?

Posted by mf > 2023-08-29 09:49 | Report Abuse

collect time

Posted by joyvest > 2023-08-29 09:51 | Report Abuse

Those who have called for buy with target 2.50- 2.80 are asking you to fly kite....some are even more crazy to call for TP of 3.50....

Posted by paktua73 > 2023-08-29 09:56 |

Post removed.Why?

Posted by mf > 2023-08-29 10:03 | Report Abuse

Home
AAX will regain altitude in 2HCY2023, says Maybank IB
Aviation
AAX will regain altitude in 2HCY2023, says Maybank IB
By Surin Murugiah / theedgemalaysia.com
29 Aug 2023, 09:24 am

main news image
KUALA LUMPUR (Aug 29): Maybank Investment Bank (Maybank IB) Research has maintained its “buy” rating on AirAsia X Bhd (AAX) (TP) of RM3.0

Posted by EnemySpotted > 2023-08-29 10:18 | Report Abuse

True for AAX. Even crap counter could fly. Lol. Time to land soon.

Posted by ericwwt > 2023-08-29 10:45 | Report Abuse

Knee jerk reaction. This is the best time to buy. PN 17 will be lifted in September or October.

Posted by mf > 2023-08-29 10:56 | Report Abuse

collect

Posted by PepGuardiola > 2023-08-29 10:57 | Report Abuse

Really pandalela. 2.60 dive till 2.05

Posted by PepGuardiola > 2023-08-29 11:01 | Report Abuse

Gov stamping and fees charge much more than broker fees,
Anwar talk cock give discount what so ever, but nothing
really expensive haihhh

Posted by PepGuardiola > 2023-08-29 11:02 | Report Abuse

Ikan bilis suffered loss and also suffered high stamping fees, double shots

Posted by PepGuardiola > 2023-08-29 11:04 | Report Abuse

Its okay guys, life is challenging. Wish you success from other counter

Posted by mf > 2023-08-29 11:11 | Report Abuse

collect

Posted by SinGor > 2023-08-29 11:13 | Report Abuse

Shorties will push back / below 2.05 before 4pm to maximise profit. Buyers on Merdeka Holiday

Posted by izoklse > 2023-08-29 11:19 | Report Abuse

Told you yesterday. Condolence. The result is not as per anticipated. Hence the bad market reaction. But i see potential for AAX in long run if it manage to get out of PN1 status.

Posted by pang72 > 2023-08-29 11:28 | Report Abuse

Rr88 sifu..
Thanks for heads up 1.56

Posted by mf > 2023-08-29 11:34 | Report Abuse

collect

Posted by paktua73 > 2023-08-29 11:57 |

Post removed.Why?

Posted by mf > 2023-08-29 12:09 | Report Abuse

collect