Posted by paulthesotong > 2023-11-23 20:54 | Report Abuse

Just simpleflying
https://simpleflying.com/airasia-x-sheds-distressed-profitable-q3/

Posted by wsb_investor > 2023-11-24 14:50 | Report Abuse

重磅独家｜马中互访免签 赴华15天 来马30天 - 国内 - 即时国内

Posted by Sslee > 2023-11-24 14:54 | Report Abuse

Re-post from CapA forum
Winter is coming and beware of winter flu.

What is winter flu?
Seasonal influenza (the flu) is an acute respiratory infection caused by influenza viruses. It is common in all parts of the world. Most people recover without treatment. Influenza spreads easily between people when they cough or sneeze.


23 Nov 2023
Updated:
3 hours ago
Chinese officials say they have not detected any “unusual or novel diseases” in the country, the World Health Organization has said, after the UN health agency made an official request for information about an outbreak of a mysterious pneumonia in northern China mostly affecting children.

China has been experiencing an increase in cases of influenza-like illnesses compared with the same period in the previous three years when strict measures were in force as part of its zero-COVID strategy.

Posted by Rhenly > 2023-11-24 15:05 | Report Abuse

AirAsia X experienced a notable 11% increase, with its shares rising by 23 sen to RM2.33, propelled by the news that the financially troubled long-haul low-cost airline had successfully averted the risk of delisting.https://www.facebook.com/groups/291395438819711/posts/1038134867479094/

Posted by Jassie26 > 2023-11-24 16:42 | Report Abuse

Maybank giving 3.40 TP ???

Posted by ericwwt > 2023-11-24 17:22 | Report Abuse

No more news. Prices will become stagnant.

Posted by paulthesotong > 2023-11-24 17:35 | Report Abuse

Come come come

https://www.malaymail.com/news/malaysia/2023/11/24/reports-malaysians-to-get-15-day-visa-free-travel-to-china-to-reciprocate-with-30-day-visa-free-travel/103992#google_vignette

Posted by Vista99 > 2023-11-24 18:21 | Report Abuse

PBB is one the shorties of AAX 😆

Posted by 8dragon > 2023-11-24 20:13 | Report Abuse

Over valued stock....

Posted by JT1601 > 2023-11-26 22:06 | Report Abuse

Tmr will up?

Posted by The_JQuestion > 2023-11-26 22:55 | Report Abuse

very likely will have a Uptrend Spree... just wait for it :)) IB are doing their jobs

Posted by ericwwt > 2023-11-27 05:59 | Report Abuse

Ya... no uptrend at anytime soon. Probably stagnant for the next few months. No more good news.

Posted by paulthesotong > 2023-11-27 11:56 | Report Abuse

oil down <80, airline up.

Posted by Sslee > 2023-11-27 12:13 | Report Abuse

Know why AAX never make profit since listing?
And AAX never pay any dividend since listing?
What AAX go thro" under Stony is RI, debts restructure, (infamous 0.5 sen for every ringgit owed, capital reduction, 10 to 1 consolidation and PP.

Repost from capA forum
Stony/capA overcharged AAX, JV partners: AA Phillipine, AA Thailand, AA Indonesia, AA Japan and AA India (profit transfer from JV to capA) to pay dividend to capA shareholders mostly to himself.

Stony is now trying to do the same profit transfer from CapA aviation to Capital A International.

Note:
AA India sold back to Tata group.

AA Japan the JV partners accept the failure and close shop.

AAX need to debts restructure (0.5 sen to every ringgit owed), capital reduction, 10 to 1 consolidation and PP

AA philippines Stony abused his power to bail out JV partner (60 %) for undisclosed sum and transfer billions in accumulated loss and negative equity to capA .

AA Thailand take over by JV partner AAV (Thai listed company)

BANGKOK, 20 October, 2021 - Asia Aviation Plc. (“AAV”), the major shareholder of Thai AirAsia Co., Ltd. (“TAA”), has unveiled a new shareholder restructuring plan worth Baht 14,000 million in capital, to be secured by issuing convertible bonds and new ordinary shares to both new and existing shareholders. Through this process, AAV aims to hold all shares in Thai AirAsia, while also enhancing liquidity for the airline.

As at 31/3/2023 Capital A
Current assets: RM 1,978,599,000
Current liabilities: RM 10,503,495,000
Net current liabilities: RM (8,524,896,000)
Shareholders’ equity RM (5,553,254,000)
Non-controlling interest: RM (3,822,946,000)
Total equity: RM (9,376,200,000)

As at 30/6/2023 Capital A
Current assets: RM 2,269,900,000
Current liabilities: RM 14,208,631,000
Net current liabilities: RM (11,938,731,000)
Shareholders’ equity RM (8,390,820,000)
Non-controlling interest: RM (1,813,867,000)
Total equity: RM (10,204,687,000)

Posted by JT1601 > 2023-11-27 13:40 | Report Abuse

Look like will further drop..........

Posted by ericwwt > 2023-11-27 14:59 | Report Abuse

The more good news are announced, the more both AAX's and Cap A's prices drop!

Posted by Travisbravis > 2023-11-27 16:38 | Report Abuse

going north again

Posted by 7chewe > 2023-11-27 18:03 | Report Abuse

https://newsroom.airasia.com/news/airasia-adds-over-5-million-seats-for-flights-between-china-india-and-malaysia-in-2024#gsc.tab=0

Posted by 7chewe > 2023-11-27 18:04 | Report Abuse

https://theedgemalaysia.com/node/691412

PM: 30-day visa free entry for visitors from China, India beginning Dec 1

Posted by ks5S > 2023-11-28 12:50 | Report Abuse

aax flying back up to the height of 2.30 .

Posted by ks5S > 2023-11-28 14:44 | Report Abuse

I heard mas, cap A and AAX merge into big plane.
Change name to MAX after merger.

Posted by ks5S > 2023-11-28 14:45 | Report Abuse

Khazanah want to quickly unload MAS as listed company.

Posted by ks5S > 2023-11-28 14:47 | Report Abuse

Next year is the Year of Flying Dragon
AAX very Ong next year

Posted by ks5S > 2023-11-28 15:06 | Report Abuse

epf start buying aax after out of pn17

Posted by Eddins > 2023-11-28 16:38 | Report Abuse

Huat ah Ong ah, fly to rm3!!!

Posted by The_JQuestion > 2023-11-28 23:21 | Report Abuse

AAX easier to push UP... just wait for it,, patience u will see magic soon ! unbelievable < AAX

Posted by Vista99 > 2023-11-29 09:33 | Report Abuse

another goreng wave will come when Cap A release its QR

Posted by Ryugentrades > 2023-11-29 22:40 | Report Abuse

The AAX story still unfolding, as Malaysia will grant visa-free entry to citizens of China and India for stays of up to 30 days starting on December 1st 2023. Even analyst can't decide if it's a BUY or HOLD with very different TP from Maybank IB and Public Bank. For me, just waiting for weakness before buying in again for another round of AAX flight to 30,000 feet. Did a short video to share some info and chart view of the stock. Do have a look. Cheers and happy trading. https://youtu.be/dxCz9djKiXs

Posted by JT1601 > 2023-11-30 11:13 | Report Abuse

Keep dropping......

Posted by ken2004 > 2023-11-30 18:28 | Report Abuse

Actually why AAX related to flying India, China as won't all this route under AA?

Posted by JT1601 > 2023-12-01 15:54 | Report Abuse

Next week below RM 2?

Posted by paulthesotong > 2023-12-02 12:34 | Report Abuse

more to come..

https://www.thehindubusinessline.com/economy/indian-tourists-flock-to-visa-free-destinations-malaysia-thailand-sri-lanka-see-100-spike-in-travel-demand/article67587532.ece

Posted by paulthesotong > 2023-12-02 15:50 | Report Abuse

Good for Ben.
https://www.freemalaysiatoday.com/category/nation/2023/12/02/airasia-x-seeks-fresh-capital-post-pn17-sees-promising-2024/

Posted by JT1601 > 2023-12-03 21:21 | Report Abuse

Tomorrow Rebound

Posted by ericwwt > 2023-12-04 13:00 | Report Abuse

Keep dropping non-stop. Below RM 2 now.

Posted by JT1601 > 2023-12-04 14:07 | Report Abuse

When the drop trend will stop.... Now the price is lower than before upliftment PN17

Posted by serbatipu > 2023-12-04 14:46 | Report Abuse

take time, next moths only rebound, come back later

Posted by ericwwt > 2023-12-04 14:54 | Report Abuse

Should be able to rebound sometime in early March 2024.

Posted by ks5S > 2023-12-04 15:11 | Report Abuse

no worry. out of pn17 already.
slowly it will grow as oil price coming down, us dollar also coming down.

Posted by seamaninvest > 2023-12-04 16:19 | Report Abuse

School holiday is coming. People will travel here and there and overseas by Air Asia 😁😁

Posted by Eddins > 2023-12-04 17:21 | Report Abuse

tony been on the game for so long, now aax also out of pn17 anything is possible

Posted by Sslee > 2023-12-04 17:41 | Report Abuse

Repost from capA forum:
Sslee StarOfTheBull,

Respectfully please do not use the excuse of "Anyway, those old posts cannot be retrieved" to slander me.

I even wrote a blog in rebutting theedgeMalaysia for misleading and misinformation one sided report on Bursa SC moving the goal post for rejecting AAX uplifting from PN17 when Burs SC first rejected the AAX application to uplife from PN17.

In the blog I even say if CapA injection capA' aviation assets and liabilities into AAX then AAX will surely default on the current liabilities because AAX do not have the capability and capacity to borrow and raise cash in billions to meet the payment of current liabiliaties.
03/12/2023 8:41 AM

Posted by BobAxelrod33 > 2023-12-04 17:45 | Report Abuse

Sslee,
That's why everyone thinks AAX can help clear the PN17 for CapA, WITHOUT THE USE OF MONEY!!!

Posted by BobAxelrod33 > 2023-12-04 17:47 | Report Abuse

It's just a change of clothes.........both in same boat.

Posted by Chris James > 2023-12-05 09:50 | Report Abuse

can start collect bak ady

Posted by rr88 > 2023-12-05 10:33 | Report Abuse

I told u this thing keeps on giving excuses to submit regularisation plan. Big problem under the surface.
On its way back to 1.20. Sell/stay away.

Posted by investormalaysia > 2023-12-05 10:53 | Report Abuse

Internal news? Afternoon shot up sky high?

Posted by The_JQuestion > 2023-12-05 11:25 | Report Abuse

buy!! thank me on febuary !

Posted by Felix999 > 2023-12-05 11:58 |

Post removed.Why?

Posted by AhHuat168 > 2023-12-05 15:36 | Report Abuse

The uptrend is over, better run or you will be sorry. Dont believe in those guru saying that AAX will come back making tonne of profit bla bla bla. This kind of scenario is exactly like glove sector during year 2020. Alot of glove believer were cheated by the guru and lose million of money.