leaks about CapA QR NTA negative RM2.00 and Death of CapA really shook up Funds yesterday. AAX dropped from collateral damage of CapA death yesterday and today
I expect share price of AAX to recover slowly once death of CapA becomes accepted and feelings smoothed.
U say i say must confirm 2 days 2.50 above.many people buy 2.40,2.50,2.60 range rm 10-20 million without confirming.kaboom.scare many investor.the 2 message below.please read. 30/8/23 11.40pm Aax 2.42 Resistance 2.50(must stay 2 days,to confirm up) 24/8/23 5.10pm
Price 2.31 Is aax going to dump below 2.will see. 18/8/23 11.24am
Second quarter 2023 earnings released: EPS: RM0.012 (vs RM1.57 loss in 2Q 2022) Second quarter 2023 results: EPS: RM0.012 (up from RM1.57 loss in 2Q 2022). Revenue: RM512.9m (up 379% from 2Q 2022). Net income: RM5.54m (up RM658.1m from 2Q 2022). Profit margin: 1.1% (up from net loss in 2Q 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Airlines industry in Asia.
Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
Don't worry about AAX and Cap A going down these few days as long as you have the holding power. It's logically to take profit after quarterly results.
Wait for the two biggest news. First is the PN 17 lifting. Second is the merging of all Airasia airlines. All is going to happen in September and October. 🤞🏻🤗🥳
I think aax will do one last rally on pn17 news and that's about it. Just need to buy back at <190 180 to be safe
think about it logically, mid 2019 with 30+ planes price 220-230, now with 17 planes price also 220? its the same plane specs, its not like new planes are more fuel efficient or fly faster now.
aax requests PN17 Upliftment seems to hit a brick wall. 4-6weeks is enough for Bursa to make a decision. Any time more means Bursa request more proof. Aax management has missed crucial requirement
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i3lurker
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Posted by i3lurker > 2023-08-30 09:30 | Report Abuse
leaks about CapA QR NTA negative RM2.00
and Death of CapA really shook up Funds yesterday.
AAX dropped from collateral damage of CapA death yesterday and today
I expect share price of AAX to recover slowly once death of CapA becomes accepted and feelings smoothed.