AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

2.08

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


53 people like this.

45,273 comment(s). Last comment by paulthesotong 2 days ago

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-02 21:56 | Report Abuse

Cap A and AAX are now two separate entities . Bursa will approve the reg plan. As a fresh new company , AAX has all the potential :)). If u trust in it, and know how much value it has. Ur last chance to board :))

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-02 21:58 | Report Abuse

This clears all the doubt that investors had about AAX what more to bursa. Stony really make it happen ! the best , all thanks to him billions are able to travel. terbaik majulah Stony AAX CAPA

joyvest

10,533 posts

Posted by joyvest > 2023-11-02 23:14 | Report Abuse

Appeal, Appeal,and Appeal for upliftment..Stony got nothing to lose.If unsuccessful, he still has time to submit RP by Jan 24..No big deal...

Now everyone can guess what the SC would do following the appeal.

Guessing game starts as from now....

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-02 23:19 | Report Abuse

dont forget QR this month :)) ... very interestig moment,, whole year been interesting ... limit up potential !

AhHuat168

286 posts

Posted by AhHuat168 > 2023-11-02 23:44 | Report Abuse

AAX appeals to exit PN17 status | Free Malaysia Today (FMT) https://www.freemalaysiatoday.com/amp/category/nation/2023/11/02/aax-appeals-to-exit-pn17-status/

paulthesotong

2,857 posts

Posted by paulthesotong > 2023-11-03 09:06 | Report Abuse

This time should get this right ,.Aminvest..

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-03 09:06 | Report Abuse

dont wait , ignore the losers... if u wanna be a winner , be confident :))
esp when the odds are in ur favor , stony is the champioN ! all star !

paulthesotong

2,857 posts

Posted by paulthesotong > 2023-11-03 10:44 | Report Abuse

If the lockdown couldnt crash this stock, no regulators were ever will.

Michael Kwok

6,448 posts

Posted by Michael Kwok > 2023-11-03 13:07 | Report Abuse

Aax 1.97
Resistance 2.05
But dun look good.just not right.the intuition say so.
3/11/23 1.07pm

AhHuat168

286 posts

Posted by AhHuat168 > 2023-11-03 14:12 | Report Abuse

slowly rebound , be patient and you will be rewarded.

Posted by Selena Yeoh > 2023-11-04 12:37 | Report Abuse

slow and steady. can make money.

AhHuat168

286 posts

Posted by AhHuat168 > 2023-11-04 14:43 | Report Abuse

Believe in AAX, im sure next big wave is coming. Ride on now so that you wont regret later.

paulthesotong

2,857 posts

Posted by paulthesotong > 2023-11-04 16:27 | Report Abuse

As oil goes down, airline goes higher... very simple.

SinGor

4,925 posts

Posted by SinGor > 2023-11-06 14:25 | Report Abuse

looks like 3Q profit ( if any ) will comes from Forex gain

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-11-06 14:29 |

Post removed.Why?

kahfui1221

414 posts

Posted by kahfui1221 > 2023-11-06 17:29 | Report Abuse

haiya, this counter will be one of the champion stocks. Moving from 39 cents to Rm2 something this year

Posted by Sunflower01 > 2023-11-06 18:39 | Report Abuse

Scammer here

Sslee

6,857 posts

Posted by Sslee > 2023-11-07 08:38 |

Post removed.Why?

SinGor

4,925 posts

Posted by SinGor > 2023-11-07 10:17 | Report Abuse

Tony is afraid if he Has to join MyAirline CEO----Any Float including Garbage Bag if it can keep Tony above
WaterLine for another 6 months

ChloeTai

1,452 posts

Posted by ChloeTai > 2023-11-07 16:37 | Report Abuse

https://theedgemalaysia.com/node/689104
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.

mf

29,190 posts

Posted by mf > 2023-11-08 10:21 | Report Abuse

Firm:
RHB-OSK
Stock:
UEMS
Price Target:
1.18
Price Call:
BUY
Last Price:
0.845
Upside/Downside:
+0.335 (39.64%)

paulthesotong

2,857 posts

Posted by paulthesotong > 2023-11-10 09:43 | Report Abuse

green..oil down <80!

kahfui1221

414 posts

Posted by kahfui1221 > 2023-11-15 15:45 | Report Abuse

Another green quarter result is coming

ks5S

4,601 posts

Posted by ks5S > 2023-11-17 11:05 | Report Abuse

coming soon. Quarter result super green
SC give waiver to release from PN`17

Posted by harvest6138 > 2023-11-17 11:15 | Report Abuse

I just read the Thailand AAX report , still in red (loss 1,694,382,000 Baht )..hope it will not affect AAX ..

paulthesotong

2,857 posts

Posted by paulthesotong > 2023-11-17 15:32 | Report Abuse

holiday travels packed, oil down<78,interest rate peaked..Godspeed

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-20 13:23 | Report Abuse

QR kaboom... in case i3 lurker dont understand , breakout STRONG buy signal :)) 52w HIGH and HIGHER soon

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-20 15:39 | Report Abuse

AAX upliftment is coming... confirmed nothing to stop it anymore... tony is ready from the first aax to the next cap A..
have faith, trust and be rewarded :)) ...

kahfui1221

414 posts

Posted by kahfui1221 > 2023-11-20 16:25 | Report Abuse

enter now or enter high afterwards, hehe

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-20 20:30 | Report Abuse

@sslee, desperate ?? this call business deal... perfect marriage,, have to be creative and smarter to survive in this tough time :)) if too stuck in old ways, still old school still follow rule written by others how gonna improve :))

purple70

269 posts

Posted by purple70 > 2023-11-21 10:36 | Report Abuse

ANother good quarter and decent EPS cash basis!

Dont let the PN17 status affect or cloud yr investment in AAX, as the GOMEN currently cant afford to have AAX de listed or struck off as job losses will mount and that smart crac fit FAT,SHORT, BALDY fellow will keep his AAX all to himself n cronies

Posted by seamaninvest > 2023-11-21 10:38 | Report Abuse

nice, show a good rebound. Who got picked up at 1.80 cents there? 🤑

mf

29,190 posts

Posted by mf > 2023-11-21 11:43 | Report Abuse

take profit

purple70

269 posts

Posted by purple70 > 2023-11-21 11:45 | Report Abuse

QR out this week, the earliest...

ks5S

4,601 posts

Posted by ks5S > 2023-11-21 20:07 | Report Abuse

tomorrow limit up.
out of pn17.

We refer to the announcements dated 20 July 2023, 19 October 2023 and 2 November 2023 in relation to the Company’s application for, among others, the Proposed Relief & PN17 Upliftment (as defined therein) and the Company’s appeal in respect of Bursa Securities’ decision on the said application (“Appeal”). Unless otherwise stated, all terms used herein shall have the same meaning as defined in the said announcements.

On behalf of the Board of Directors of AAX, AmInvestment Bank Berhad is pleased to announce that Bursa Securities has, vide its letter dated 21 November 2023, after taking into consideration the relevant facts and circumstances, including among others, the following:

(i) the Company no longer triggers any prescribed criteria under Paragraph 2.1 of Practice Note 17 of the Listing Requirements (“PN17”);

(ii) the Company having complied with the criteria for waiver and upliftment from being classified as a PN17 company; and

(iii) the quarterly report for the financial period ended 30 September 2023 (“Quarterly Results”) which is due by 30 November 2023 pursuant to Paragraph 9.22 of the Listing Requirements,

resolved to allow the Appeal subject to AAX announcing a profit after taxation attributable to the equity holders of AAX in the Quarterly Results (“Condition”).

The upliftment of AAX from being classified as a PN17 company will come into effect on the next market day after fulfilment of the Condition.

ks5S

4,601 posts

Posted by ks5S > 2023-11-21 20:16 | Report Abuse

this new quarter result help to get the waiver to release from pn17

ks5S

4,601 posts

Posted by ks5S > 2023-11-21 20:16 | Report Abuse

although small profit but SIGNIFICANT

Sslee

6,857 posts

Posted by Sslee > 2023-11-21 20:28 | Report Abuse

SEPANG, 21 November 2023 - AirAsia X Berhad (“AirAsia X” or the “Company”) is pleased to announce its financial results for the Third Quarter of 2023 (“3Q23”) ended 30 September 2023, and that it has been approved to exit its Practice Note 17 (PN17) classification by Bursa Malaysia Securities Berhad (Bursa Malaysia), marking a significant milestone in the airline's journey.

The Company registered a revenue of RM648.4 million, over six times higher year-on-year (“YoY”), reflecting about 64% recovery against the 2019 level, as the Company continued to return to operational normalcy over the past 12 months. During the quarter, increased recovery of the Company’s scheduled flight operations and additional capacity were introduced within its operational fleet. Consequently, the Company’s operational expenses posted an uptick, further exacerbated by the weakening of the Malaysian Ringgit against the US Dollar. Despite an increased cost structure, a downward forex trend, and a historically slower quarter, the Company persevered and recorded a net profit of RM5.6 million

Posted by EatCoconutCanWin > 2023-11-21 20:35 | Report Abuse

All in

Sslee

6,857 posts

Posted by Sslee > 2023-11-21 20:38 | Report Abuse

20. Lease liabilities
As at As at 30/09/2023 31/12/2022
RM'000 RM'000
Current
- Lease liabilities 98,254 57,033
Non Current
- Lease liabilities 1,418,762 1,005,449

As at As at 30/09/2023 31/12/2022
RM'000 RM'000
The currency profile of borrowings is as follows:
1,517,016 1,062,482

As at As at 30/09/2023 31/12/2022
RM'000 RM'000
Not later than 1 year 98,254 57,033
Later than 1 year and not later than 5 years 773,787 285,165
Later than 5 years 644,975 720,284
1,517,016 1,062,482

ks5S

4,601 posts

Posted by ks5S > 2023-11-21 20:49 | Report Abuse

tomorrow open 2.40 . Back to the earlier price before it tumble to 1.80 when announcement made due to not allow out from pn17

Sslee

6,857 posts

Posted by Sslee > 2023-11-21 21:20 | Report Abuse

AAX also proposed that if it were to garner more than RM300 million in annual earnings before interest, tax, depreciation and amortisation, lease rentals and restructuring costs during its 2023-2026 financial years, all creditors except Airbus would be entitled to 20 per cent of those earnings. REUTERS

9 months end 30 Sept 2023 EBITDA RM 592,992,000.
So can AAX afford to give any dividend?

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-21 21:25 | Report Abuse

who cares dividend??
we want share price LIMIT up... show me pn17 out = limit UPPPP ! give me more money so i can stay in 5 star hotels (book by airasia app) and be next to ur hotel rooms to party with sifu sslee, rr88 and i3hooker

mf

29,190 posts

Posted by mf > 2023-11-21 21:36 | Report Abuse

Quarter Result

Quarter Result on 30-Sep-2023[#3] QoQ - 0.40% YoY - -77.83%.

ks5S

4,601 posts

Posted by ks5S > 2023-11-21 21:40 | Report Abuse

this quarter result is beautiful . It release AAX from the pn17 jail.
No wonder the result release so early.

Posted by David Gunter > 2023-11-21 22:02 | Report Abuse

FUYOH

paulthesotong

2,857 posts

Posted by paulthesotong > 2023-11-21 22:04 | Report Abuse

Flight to Freedom with rocket fuel..out of cellpn17.

Sslee

6,857 posts

Posted by Sslee > 2023-11-21 22:05 | Report Abuse

Is AAX q3 net profit of RM5.6 million a very good result?

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