Posted by IronShirt > 2023-10-16 18:56 | Report Abuse

submitted on 20July for upliftment exactly 3months on Friday. 90 days just to say Yes or No. Gaji Buta

Posted by ericwwt > 2023-10-16 19:29 | Report Abuse

Sometimes it takes for four to five months to get uplifted.

Posted by Yezzy99108 > 2023-10-16 20:52 | Report Abuse

PN17 uplifted then operator sell on news. tayor

Posted by pang72 > 2023-10-17 00:21 | Report Abuse

Frank74,
Thanks for good advise..
You are right that the risk to reward is less favorable now.
Looking at the failure of Myairline creating panic in budget airline industrial again.
The question is why AAX took so long to uplift even thought has met the criteria? Big question mark

Posted by ericwwt > 2023-10-17 11:58 | Report Abuse

It is very normal to take 3 to 5 months to uplift PN 17 status because AAX did not submit any regularisation plan.

Posted by ericwwt > 2023-10-17 11:58 | Report Abuse

Uplifting of PN 17 status should fall in November or December.

Posted by ericwwt > 2023-10-17 11:59 | Report Abuse

Just that most of us didn't really check the guidelines and past records.

Posted by AN7889 > 2023-10-17 18:38 | Report Abuse

by The Edge
Anticipation builds for divestment of Capital A’s aviation business; analysts expect valuation of below RM5 bil
GOOD NEWS or BAD NEWS??

Posted by Ryugentrades > 2023-10-17 22:00 | Report Abuse

Personally, since I am trading, seems like short term chart is showing down or is it purposely painted down to push out retailers like myself. Anyway I cut loss yesterday. Good luck to all, hope PN17 will bring you $$$

A short video to show what I see in short term chart weakness. https://youtu.be/HoyvLi-ItFk

Posted by Ryugentrades > 2023-10-17 22:02 | Report Abuse

Sentiment on airlines is negative with war news, oil price and myairlines going bust. Just banking on PN17upliftment is a unknown risk for me, as I have no insights on when and how long it will take. So parking my precious capital elsewhere.

Posted by ericwwt > 2023-10-18 10:39 | Report Abuse

PN 17 status should be uplifted sometime in December 2023.

Posted by Yezzy99108 > 2023-10-18 16:57 | Report Abuse

not a good sign

Posted by kahfui1221 > 2023-10-18 21:12 | Report Abuse

Today drop due to Tony had his half-baked massage during the virtual meeting? 😆

Posted by paulthesotong > 2023-10-19 09:36 | Report Abuse

masage... must be a happy ending!

Posted by paulthesotong > 2023-10-19 13:25 | Report Abuse

EOT up to 17 Jan 24 to submit its RP.

Posted by ahyen10 > 2023-10-19 14:13 | Report Abuse

https://theedgemalaysia.com/node/686802

In a bourse filing, AAX said Bursa Securities had, via a letter dated Oct 18, 2023, rejected the airline’s application for the proposed relief and PN17 upliftment.

Posted by ericwwt > 2023-10-19 14:17 | Report Abuse

Are you ready for limit down at 2.30 pm?

Posted by qqq47660 > 2023-10-19 14:33 | Report Abuse

In a bourse filing, AAX said Bursa Securities had, via a letter dated Oct 18, 2023, rejected the airline’s application for the proposed relief and PN17 upliftment.


oh oh

Posted by curiousq > 2023-10-19 14:35 | Report Abuse

waterfall

Posted by rr88 > 2023-10-19 14:36 | Report Abuse

I told u dy 1,000 times that this thing was on its way down below 1.60 when maybank ib came up with that BS report.

Posted by frank74 > 2023-10-19 14:39 | Report Abuse

Over fixation on pn17

Posted by Reformasi > 2023-10-19 14:40 | Report Abuse

Kalau turun sekarang pun, nanti Januari naik baik

Posted by frank74 > 2023-10-19 14:40 | Report Abuse

suddenly all the story of more flights, more tourism gone out the window?

Posted by frank74 > 2023-10-19 14:40 | Report Abuse

hahaha amazing

Posted by 1pingpong > 2023-10-19 14:42 | Report Abuse

greatness

Posted by 1pingpong > 2023-10-19 14:42 | Report Abuse

capital A sama2 waterfall

Posted by Reformasi > 2023-10-19 14:42 | Report Abuse

Still ada time to regularize, so no need panic

Posted by frank74 > 2023-10-19 14:45 | Report Abuse

After disturbing between 2.40-2.60 sharks are nicely collecting back below 2. They are saying thank you very much

Posted by Reformasi > 2023-10-19 14:47 | Report Abuse

keep for long term. AAX has a bright future

Posted by IronShirt > 2023-10-19 14:52 | Report Abuse

2 months is more than enough for Bursa to give an opinion on PN17 up liftment. People have to say 3...4mth
How now?

Posted by paktua73 > 2023-10-19 14:52 |

Post removed.Why?

Posted by Yezzy99108 > 2023-10-19 14:54 | Report Abuse

collecton time!

Posted by purple70 > 2023-10-19 15:00 | Report Abuse

Current prices are a good buy...BURSA is not in busines, its only regulator!

When the staffs are out of job MADANI will be MADANON, and BURSA will have to look at plans that could be acceptable....Bargain prices really

Posted by purple70 > 2023-10-19 15:07 | Report Abuse

Fundamentals are good, with good bookings coming by for Dec/Jan hols...its already a 40 sen EPS each last 3 quarters, so its nearly RM1.50 EPS for this FY. SO, the current price of 2.10 is a bargain

Posted by SinGor > 2023-10-19 15:09 | Report Abuse

Bursa believe aax is NOT a on-going concern Co. or something else. Best valuation now is price / current asset
= RM 1.44 for hard earned Cash. ( current asset 647mil---Current Liabilities 720mil )

Posted by paulthesotong > 2023-10-19 15:15 | Report Abuse

no wear shorts ...fry

Posted by paulthesotong > 2023-10-19 15:19 | Report Abuse

shorties...fry!

Posted by paktua73 > 2023-10-19 15:20 |

Post removed.Why?

Posted by purple70 > 2023-10-19 15:21 | Report Abuse

BURSA cant decide the business direction of any company, that includes AAX, which is holding the balls of the govt threatening to retrench them....so, BURSA will be politically forced to agree to an acceptable plan. It is so strange that BURSA decides unfv on AX ( of course we dont have details) but it allows fellow slike Tunku Yakub to run wild as he pleases!

Posted by Miguel_Felix > 2023-10-19 15:21 | Report Abuse

fast rebound

Posted by helangtua > 2023-10-19 15:27 | Report Abuse

technical rebound. fill gap, continue down

Posted by SinGor > 2023-10-19 15:27 | Report Abuse

I think aax Didnt submit any Up Liftment Plan---Tony just submit 4 words ( Let us Go, pls )

Posted by paktua73 > 2023-10-19 15:28 |

Post removed.Why?

Posted by SinGor > 2023-10-19 15:29 | Report Abuse

Then He shows a "Naked Body" yesterday----Meaning I am screwed ( what type of AAX ceo )

Posted by Michael Kwok > 2023-10-19 15:46 | Report Abuse

Wah,aax i say will dumb below rm 2.really got.today,thursday 1.85 low.please read with chart
19/10/23 3.45pm
Price 2.31
Is aax going to dump below 2.will see.
18/8/23 11.24am

Posted by curiousq > 2023-10-19 15:55 | Report Abuse

buursa has the reason to suspend and de-list it ?

Posted by ykyew11 > 2023-10-19 16:20 | Report Abuse

@SinGor Benyamin Ismail is the CEO of AAX, not Tony

Posted by pang72 > 2023-10-19 16:53 | Report Abuse

1.85 lowest...
Becareful your hard earn money

Posted by pang72 > 2023-10-19 16:55 | Report Abuse

Don't always follow sifu buy then you buy..
Sifu selling but didn't tell you..
So, you always the last one close the door..
Sifu eat abalone laughing at you...

Posted by SinGor > 2023-10-19 17:00 | Report Abuse

ykyew11
@SinGor Benyamin Ismail is the CEO of AAX, not Tony
______________________

So sorry, I forgot Tea Lady's Son is incharge of ( "what"---33 Billion Lost }