Posted by MarketNavigator > 2024-01-15 10:41 | Report Abuse

Hmm, if AA assets are transferred to AAX, how will AAX be delisted as its valuation increases?

Posted by SinGor > 2024-01-15 14:22 | Report Abuse

If CapA can get listed or On-Going with its asset, why transfer to aax? 70% AA asset are leased Plane, 30% are
planes that are spewing black smoke due to Old age. Spare parts are stolen by Tony and sold to junk yard Dealer

Posted by kahfui1221 > 2024-01-15 16:34 | Report Abuse

AirAsia X to buy AirAsia, AirAsia Aviation Group. So AAX will continue 'everyone can fly' legacy

https://www.ch-aviation.com/news/135868-airasia-x-to-buy-airasia-airasia-aviation-group

Posted by SinGor > 2024-01-15 16:58 | Report Abuse

AirAsia planes Still flies Regardless whether Delisted Or Bhd ( taken private ). The only difference is Tony can
Do what he wants with No One looking over his Shoulder ( Bursa Eyes )----No annual Report, No Qr Reports

Posted by SinGor > 2024-01-15 17:02 | Report Abuse

Lastly when Taken private, you can Sell share to willing Buyers on a Bargain Basis ( offer is always ridiculous Low
price)

Posted by psychoopomp > 2024-01-15 18:04 | Report Abuse

Big move from tony

Posted by diuleiloumei > 2024-01-16 11:04 | Report Abuse

boring everyday 1.88-1.90

Posted by kahfui1221 > 2024-01-16 12:55 | Report Abuse

It will move actively next month (Q4 result out)

Posted by Sslee > 2024-01-17 10:03 | Report Abuse

CapA' NUMBER DONT LIE..and it is horrible.

Net current liabialities increase from begining of year
Net current liabilities: RM (8,509,066,000) to as at 30/9/2023
Net current liabilities: RM (12,527,863,000)
Is that a good 9 months for capA?
Will capA not default on the current liabilities in the next 12 months?

As at 31/12/2022 Capital A
Current assets: RM 1,768,954,000
Current liabilities: RM 10,278,023,000
Net current liabilities: RM (8,509,066,000)
Shareholders’ equity RM (5,725,093,000)
Non-controlling interest: RM (3,791,865,000)
Total equity: RM (9,516,958,000)

As at 30/9/2023 Capital A
Current assets: RM 2,072,007,000
Current liabilities: RM 14,599,870,000
Net current liabilities: RM (12,527,863,000)
Shareholders’ equity RM (8,427,155,000)
Non-controlling interest: RM (2,101,925,000)
Total equity: RM (10,529,080,000)

Repost for you to ponder with leases payment of abt RM 700 million and increasing per quarter can capA make any meaningfull profit in 2024?

Quarter end 30/09/23: Cumulative 9 months
RM: RM
Depreciation on right of use assets: (444,404,000): (1,124,591,000)
Finance cost -lease liabilities: (251,274,000): (656,333,000)

CapA is now like a taxi driver, driving a rental car from a taxi company.
How many passengers a taxi driver must picked up to pay for the car rental before he can earned a living?

For capA even last quarter 89% load factor is still a loss making quarter.

Posted by Velmani > 2024-01-17 10:42 | Report Abuse

AAX dropping fast as Cap A🤔

Posted by AnthonyAng666 > 2024-01-17 12:34 | Report Abuse

AAX doesn't drop like Cap A, in fact

Posted by NorAfan > 2024-01-17 20:54 | Report Abuse

susah, sentimen pasaran amat buruk ..

Posted by MarketNavigator > 2024-01-18 12:04 | Report Abuse

Wonder if AAX will offer bonus issue or not 😁

Posted by Realrich > 2024-01-18 15:21 | Report Abuse

Both side drop already

Posted by DoubleO > 2024-01-18 15:38 | Report Abuse

Hard landing😔

Posted by ZenSen > 2024-01-18 15:46 | Report Abuse

My cost RM2.10. Should I cut loss?

Posted by ks5S > 2024-01-18 15:58 | Report Abuse

no need cut loss.
Fund manager bought a lot at 1.60
current price near bottom. Rebound soon.

Posted by The_JQuestion > 2024-01-18 15:59 | Report Abuse

SOLD ALL... and ks smart one , i will collect near that price range.. even lower will be safer !! for now, i exit.. many cheap stocks now too diverse a bit

Posted by ks5S > 2024-01-18 16:02 | Report Abuse

flight business is a real business
Airport so busy. Plane fly in and out.

Not like the limit down counter....kaput and cannot climb up back

AAX is growing business. It will climb back once the storm over.

Posted by Medusa > 2024-01-18 16:15 | Report Abuse

Congratulation everyone

Follow medusa buy low sell high

Follow IB TP buy high stuck high

Kikiki…

Posted by DoubleO > 2024-01-19 09:13 | Report Abuse

wah what happen, want to back below rm1?😱

Posted by UlaSawa > 2024-01-19 09:44 | Report Abuse

singapore airline also continue drop
no hope

Posted by prince4 > 2024-01-19 09:48 | Report Abuse

merging

Posted by prince4 > 2024-01-19 09:53 | Report Abuse

merging aax thailand

Posted by kahfui1221 > 2024-01-19 10:03 | Report Abuse

Blaming Malaysia 🙄 They outsourced to Indian crews to assemble the planes, as a matter of fact

https://www.thestar.com.my/news/nation/2024/01/18/door-part-that-blew-off-boeing-plane-was-made-in-malaysia-says-us-ntsb-chief

Posted by UlaSawa > 2024-01-19 13:48 | Report Abuse

aax thai already bankrupt.
very messy aax .... have to merge with bankrupt company, have to take over debt and plane from capital a...... very uncertain situation...
better sell before go down to 1.00

Posted by BlackQ > 2024-01-19 14:05 | Report Abuse

Take over AAX Thai is to make sure the Thai air market still in hand, lose this one of the big Southeast Asia country will be a big lose. Huge network also is Airasia win point.

Posted by BlackQ > 2024-01-19 14:06 | Report Abuse

If lose Thai AA, then go 1.00 is sure.

Posted by UlaSawa > 2024-01-19 14:17 | Report Abuse

now msia political very unstable.... dubai meeting lah, MACC catching all the crocodile (Mamatir , diam.....) .... better unload before the whole market crash.

Posted by UlaSawa > 2024-01-19 14:18 | Report Abuse

Now mid-cap LD, later big-cap.

Posted by Surewinbig > 2024-01-20 15:34 | Report Abuse

Chat room those ask you to sale is they want buy your tickets. Those ask you to buy is they want sale you tickets. So don't believe just trust yourself. lol

Posted by MarketNavigator > 2024-01-22 11:58 | Report Abuse

The number of flights will increase during CNY

Posted by diuleiloumei > 2024-01-22 13:03 | Report Abuse

From 2.3 drop until niam@ also can't recognize face

Posted by kahfui1221 > 2024-01-22 17:06 | Report Abuse

At least AAX didn't limit down 😆

Posted by cindywang > 2024-01-22 22:14 | Report Abuse

combine lol

Posted by manimalanmuru > 2024-01-23 12:06 | Report Abuse

this month many people take flight

Posted by diuleiloumei > 2024-01-23 12:11 | Report Abuse

at current price seems like still PN17

Posted by AnthonyAng666 > 2024-01-23 16:32 | Report Abuse

Then the share price will be less than Rm1 if still in PN17 status

Posted by Chia hs > 2024-01-24 08:29 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/01/24/airasia-x-passenger-load-grows-26-times-in-4q23

Posted by Chia hs > 2024-01-24 08:30 | Report Abuse

AirAsia X passenger load grows 2.6 times in 4Q23

Posted by Blue Tulip > 2024-01-24 15:00 | Report Abuse

Market good, AAX drops. Market bad, AXX nose dive.

Posted by manimalanmuru > 2024-01-24 15:20 | Report Abuse

tourist season

Posted by MarketNavigator > 2024-01-24 21:39 | Report Abuse

PE only 1.61 time. Just catch it when it drops

Posted by speakup > 2024-01-24 21:44 | Report Abuse

OMG! PE 1 ke???? So sell house, sell car, sell everything and buy AAX?

Posted by Sslee > 2024-01-26 07:33 | Report Abuse

AAX taking over capA aviation assets and liabiliaties will be like 人心不足蛇吞象.
Know what will be the consequence for a snake to swallon an elephant?

Posted by Blue Tulip > 2024-01-26 10:34 | Report Abuse

Average TP by ANALysts is RM2.46. I wonder why the price keeps going down.

Posted by Sslee > 2024-01-26 10:54 | Report Abuse

It was the Maybank analyst that cause the spike in price of AAX.
But it you look into his analyst report he is selectively using some figures/misinformation to form his own fact. (Like Thai AAX will contribute toward AAX profit soon)

AAX owns 49% of Thai AirAsia X, both were bankruptcy companies due to covid 19.
AAX bulldoze thro' debts restructure of paying 0.5 sen for every dollar owed and then arm twisting Bursa SC to uplift AAX from PN17.

Meanwhile Thai AirAsia X go into business rehabilitation plan that begin a planned process of repaying debts and refund payments to passengers impacted by the inevitable cancellation of flights during the COVID-19 pandemic.

The executive chairman of Thai AirAsia and Thai AirAsia X told The Nation newspaper late last week that those two entities may continue to operate under their present ownership structure until as far out as 2027.

"The merger of two airlines in Thailand may have to wait two to three years until Thai AirAsia X leaves the business rehabilitation plan, which should happen around late 2025,” Tassapon Bijleveld said. Thai AirAsia entered into bankruptcy protection in May 2022, at the time saying doing so would allow it to manage better debts incurred earlier in the pandemic.

Posted by Chia hs > 2024-01-26 12:43 | Report Abuse

Get some in today 1.75

Posted by Chia hs > 2024-01-26 13:21 | Report Abuse

https://newsroom.airasia.com/news/airasia-x-returns-to-xian-as-the-sole-airline-connecting-kuala-lumpur-directly-to-the-iconic-chinese-city#gsc.tab=0 direct flight to Xi'an, hope more cities coverage to come and couple with festive season promo

Posted by MarketNavigator > 2024-01-26 19:57 | Report Abuse

Balik kampong wave with Air Asia will start early next month 😁