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

2.05 - 2.12

Trading Volume

2,055,000


53 people like this.

45,273 comment(s). Last comment by paulthesotong 1 day ago

Johnngg

21 posts

Posted by Johnngg > 2024-03-07 11:48 | Report Abuse

Guys fasten your seat belt we going to ride on the roller coaster..

Posted by EatCoconutCanWin > 2024-03-07 12:32 | Report Abuse

Gogo...fly to the moon

Posted by AnthonyAng666 > 2024-03-11 10:34 | Report Abuse

That roller coaster is going up or down ? 😅

nelsonlim

730 posts

Posted by nelsonlim > 2024-03-12 12:40 | Report Abuse

business shd be good, and oil price quite stagnant there. 1.32 is a key level. i would buy up for now tp 1.39 to 1.45

nelsonlim

730 posts

Posted by nelsonlim > 2024-03-12 15:47 | Report Abuse

LETS GOOOOOO

Posted by AnthonyAng666 > 2024-03-13 10:40 | Report Abuse

Cuti-cuti Malaysia. https://theedgemalaysia.com/node/704126

Sslee

6,851 posts

Posted by Sslee > 2024-03-14 10:26 | Report Abuse

https://theedgemalaysia.com/node/703296

Another round of court approvals for capital reduction and then relist it, and then we hope to raise US$300 million or US$400 million of equity for AAX


So, is there light at the end of the tunnel?

We have been in PN17 for the best part of three years, I think. So, Step 1 was to get AirAsia X out of PN17. Step 2 now is to get Bursa Malaysia to allow us to sell aviation to AAX, which I believe will be very imminent. We have put in the application, and I think in one to two weeks, we should get that approved. Because it is critical for capital raising; that’s the reason we are giving Bursa Malaysia, that we really need to raise capital and we can’t do it under a PN17 company. Bursa Malaysia hasn’t done this, but they are going through that motion. So, we are going to swiftly sell. I think the S&P (sale and purchase agreement) between AAX and Capital A is almost done. So, I’m hoping we will get permission from Bursa Malaysia in March, and we’ll sell the airline. So, we will end up with two groups — Capital A and AirAsia Group. After we sign the S&P, we have to get shareholders’ approval, which will take a couple of months, and then court approvals for capital reduction and then relist it, and then we hope to raise US$300 million or US$400 million of equity.

mf

29,190 posts

Posted by mf > 2024-03-15 05:37 | Report Abuse

Dow Jones

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SinGor

4,925 posts

Posted by SinGor > 2024-03-15 10:11 | Report Abuse


AnthonyAng666
Cuti-cuti Malaysia. https://theedgemalaysia.com/node/704126
__________________________

If you really looks at Tourists #---8mil from Singapore to Johor ( jalan Kaki )-----4/5mil from Thai to Pedang
Beasr ( naik Basikal / Moto)-------8/9mil from Indonesia ( naik perahu )----That is the real reason you Cannot
see "White People" at KLCC ( compare to Thailand )

nelsonlim

730 posts

Posted by nelsonlim > 2024-03-15 13:01 | Report Abuse

hit tp1 then alon musk come and kacau

Posted by stonedInvest > 2024-03-15 16:43 | Report Abuse

siapa alon musk

curiousq

1,098 posts

Posted by curiousq > 2024-03-15 17:05 | Report Abuse

this one is due for rebound ......
someone pls make a TA video and put on youtube !!!

curiousq

1,098 posts

Posted by curiousq > 2024-03-15 17:39 | Report Abuse

Fxxxk you lah ..... you pushes to 1.50 only come to talk !!!

loban

10 posts

Posted by loban > 2024-03-19 10:28 | Report Abuse

passenger increase hari raya

Posted by MarketNavigator > 2024-03-21 08:37 | Report Abuse

Good q4 result but couldn't break Rm2 ... Let's see got Raya wave or not. ha

angki

10 posts

Posted by angki > 2024-03-22 08:38 | Report Abuse

everybody can fly

AMIRUL

75 posts

Posted by AMIRUL > 2024-03-22 08:43 | Report Abuse

hari raya flight more

Posted by Apple4Oranges > 2024-03-25 16:46 | Report Abuse

Current PE ratio of AAX is extremely cheap, only 1.67 x

Sslee

6,851 posts

Posted by Sslee > 2024-03-25 17:18 | Report Abuse

Do not look only at PE ratio because profit can be from one off reversal of provision additional loss of investment.

Look also the cash flow, did AAX generate positive cash flow?

Posted by Apple4Oranges > 2024-03-27 10:15 | Report Abuse

If excluded the reversal of provision additional loss of investment in IAAX, it did make positive operating cash flow

Sslee

6,851 posts

Posted by Sslee > 2024-03-28 06:52 | Report Abuse

I wonder will AAX BOD dare to go ahead with the take over of capA aviation business (assets and liabilities) that will cause AAX to fall back into PN17 and need another round of debts restructure, capital reduction and share consolidation?

Sslee

6,851 posts

Posted by Sslee > 2024-03-28 07:01 | Report Abuse

By the way did the BOD act in good faith or at the best interest of AAX and sharehoders when they signed the agreement to allow BrandAA/ CAPI to charge AAX 0.5% royalty fee and Thai AAX 1.5% loyalty fee?

Income

12,440 posts

Posted by Income > 2024-03-28 07:39 | Report Abuse

Summoning the de mons?

Income

12,440 posts

Posted by Income > 2024-03-28 07:39 | Report Abuse

https://youtube.com/shorts/zMggdhQYVVc?si=O7uEIcapeDoXq_q0
Summoning the de mons?

hongwan6

22 posts

Posted by hongwan6 > 2024-04-01 09:49 | Report Abuse

season pass

Aldous47

172 posts

Posted by Aldous47 > 2024-04-02 16:54 | Report Abuse

Grab it now or wait below RM1?

Posted by AnthonyAng666 > 2024-04-03 17:47 | Report Abuse

I don't think AAX will fall to rm1 and below again ..

Sslee

6,851 posts

Posted by Sslee > 2024-04-03 18:28 | Report Abuse

After we sign the S&P, we have to get shareholders’ approval, which will take a couple of months, and then court approvals for capital reduction and then relist it, and then we hope to raise US$300 million or US$400 million of equity.

Will AAX price fall into penny stock then when the court approvals for capital reduction and then relist it, and then we hope to raise US$300 million or US$400 million of equity?

paktua73

18,341 posts

Posted by paktua73 > 2024-04-04 09:29 |

Post removed.Why?

newbie8080

2,768 posts

Posted by newbie8080 > 2024-04-06 07:45 | Report Abuse

Crude oil is surging to new high this year at close to USD90 per barrel.
This is not a good sign for airlines which takes up about 30% of the total capex.
Profitability will be a concern moving forward.

Posted by newbietrader9 > 2024-04-09 14:22 | Report Abuse

its the time of the season

durianbay

34 posts

Posted by durianbay > 2024-04-09 17:30 | Report Abuse

Capital A and AirAsia X say they need until April 30 to negotiate disposal of aviation business

Sslee

6,851 posts

Posted by Sslee > 2024-04-09 17:51 | Report Abuse

How to close the deal when capA aviation is in deep debts and AAX do not have the money to bail out capA?

Junx Leow

525 posts

Posted by Junx Leow > 2024-04-09 18:29 | Report Abuse

Just a paper number, loan can be a asset !!!!

Sslee

6,851 posts

Posted by Sslee > 2024-04-09 19:57 | Report Abuse

Loan can be an assets??? How????

Junx Leow

525 posts

Posted by Junx Leow > 2024-04-09 21:47 | Report Abuse

When bank borrow all of its money to other people, bank zero asset ?

Sslee

6,851 posts

Posted by Sslee > 2024-04-10 08:00 | Report Abuse

Are we talking on capA and AAX? Or are we talking about bank?
So capA is in deep debts is good for AAX? Because AAX can turn these debts into assets?

Income

12,440 posts

Posted by Income > 2024-04-12 08:50 | Report Abuse

Collateral with your life.
You understand chess games?

Posted by diuleiloumei > 2024-04-18 22:44 | Report Abuse

Good business,but price stranded, very strange

Posted by AnthonyAng666 > 2024-04-20 17:22 | Report Abuse

With this kind of market condition, can look it at Rm1 and below...

Posted by AnthonyAng666 > 2024-04-23 15:59 | Report Abuse

shoot, it rebounds back. ha

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