AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

1.43

Today's Change

-0.03 (2.05%)

Day's Change

1.43 - 1.46

Trading Volume

790,900


51 people like this.

45,019 comment(s). Last comment by 0PTech 25 minutes ago

Sslee

5,469 posts

Posted by Sslee > 2 months ago | Report Abuse

Independent Adviser
As the Proposed Acquisitions are related party transactions pursuant to Paragraph 10.08 of the Listing Requirements, WYNCORP Advisory Sdn Bhd has been appointed to act as the Independent Adviser to undertake the following in relation to the Proposed
Acquisitions:-
(i) comment as to:-
(a) whether the Proposed Acquisitions are fair and reasonable in so far as the Shareholders are concerned; and
(b) whether the Proposed Acquisitions are to the detriment of the non￾interested Shareholders, and such opinion must set out the reasons for, the key assumptions made and the factors taken into consideration in forming that opinion;

(ii) advise the non-interested Shareholders whether they should vote in favour of the Proposed Acquisitions; and (iii) take all reasonable steps to satisfy itself that it has a reasonable basis to make the comments and advice in relation to paragraphs (i) and (ii) above.

Just wonder why use the audited 31/12/2022 figures when another few more days the audited 31/12/2023 and external auditor opinion will be publised

Total borrowings and lease liabilities of AAX/Newco will be escalated to RM 23,271,794,000 a gearing of 23.96 times after the proposed AAAGL and AAB acquisitions.

What will advisor WYNCORP Advisory Sdn Bhd advise shareholder to vote in favor or against the proposed acquisitions?

Note: If AAX stay as it is now Maybank analyst TP of AAX is RM 3.40

Sslee

5,469 posts

Posted by Sslee > 2 months ago | Report Abuse

The free float shares of AAX is very small. Hence shark should be able to goreng the price higher.

But make sure you are not the one holding the bag when music stop.

pang72

49,482 posts

Posted by pang72 > 2 months ago | Report Abuse

What is going to happen to IBs who blow up the shares price for the restructuring to certain level that nobody will to buy anymore?

pang72

49,482 posts

Posted by pang72 > 2 months ago | Report Abuse

If collapse at the melting points, IB being burnt...
Not sure restructuring still can proceed

Sslee

5,469 posts

Posted by Sslee > 2 months ago | Report Abuse

Stony throw all the rule and regulation out of window on new issue.
PP number of shares not more than 10% of NOSH
PP discount not more than 10% of the 5-day VWAP
Number of Convertable Warrant not more than 50% of NOSH.

Will Stony get his way?
All the above rule is there to protect the current/existing AAX shareholders.

Posted by jcpethut > 2 months ago | Report Abuse

can still buy in although the price now is 1.50 ?

paulthesotong

2,629 posts

Posted by paulthesotong > 2 months ago | Report Abuse

husband & wife

https://theedgemalaysia.com/node/709721

Posted by psychoopomp > 2 months ago | Report Abuse

never too late to buy

Posted by EngineeringProfit > 2 months ago | Report Abuse

Very huat one

zzzzz

1,869 posts

Posted by zzzzz > 2 months ago | Report Abuse

RM1.53 (1.3 m) road block,.....

zzzzz

1,869 posts

Posted by zzzzz > 2 months ago | Report Abuse

mayday, mayday...RM1.46

Aldous47

168 posts

Posted by Aldous47 > 2 months ago | Report Abuse

Strong buy. AAX is gonna break RM2 again? hehe😁

zzzzz

1,869 posts

Posted by zzzzz > 2 months ago | Report Abuse

CapitalA trading halt but AAX price is stagnant......

Posted by EngineeringProfit > 2 months ago | Report Abuse

Now everyone can fly!!!

Posted by AnthonyAng666 > 2 months ago | Report Abuse

Look at AAX's PE and ROE, both really good

Pandu1

964 posts

Posted by Pandu1 > 2 months ago | Report Abuse

Now everyone can fly to the moon.

Pandu1

964 posts

Posted by Pandu1 > 2 months ago | Report Abuse

After months of naysayer now we can see the truth.

Posted by EngineeringProfit > 2 months ago | Report Abuse

Now everyone can fly!!!

curiousq

933 posts

Posted by curiousq > 2 months ago | Report Abuse

suddenly +10 sen

Posted by EngineeringProfit > 2 months ago | Report Abuse

Huat ar...

Posted by AnthonyAng666 > 2 months ago | Report Abuse

Contra players are very happy today 😆

Volz4321

80 posts

Posted by Volz4321 > 2 months ago | Report Abuse

Go fly

Posted by AnthonyAng666 > 2 months ago | Report Abuse

Price movement overview: https://theedgemalaysia.com/node/710714

0PTech

7 posts

Posted by 0PTech > 2 months ago | Report Abuse

Oooo.. fefeklai oooo.. meet u at 0.795

paulthesotong

2,629 posts

Posted by paulthesotong > 2 months ago | Report Abuse

Good news is oil is dropping like flies, and Airasia is holding very well..Future looks bright.

Posted by AnthonyAng666 > 2 months ago | Report Abuse

No no. Meet u at RM2 next

Posted by EngineeringProfit > 2 months ago | Report Abuse

Now everyone can fly!!!

Income

10,599 posts

Posted by Income > 2 months ago | Report Abuse

X

Posted by AnthonyAng666 > 2 months ago | Report Abuse

Asia Aviation PLC (AAV), the sole shareholder of Thai Airasia Co. Ltd. (TAA), has announced its operational results for the first quarter of 2024, reporting revenues from sales and services of 13,793.7 THB, an increase of 52 percent year-on-year

https://newsroom.airasia.com/news/aav-q1/2024-operational-result-announcement#gsc.tab=0

Posted by EngineeringProfit > 2 months ago | Report Abuse

Huat ar.................lai.....lai....lai.................

Sslee

5,469 posts

Posted by Sslee > 2 months ago | Report Abuse

AAX will be better off without taking on the assets and liabilities of capA aviation.

Posted by EngineeringProfit > 2 months ago | Report Abuse

If without, PE would be 0.1

kahfui1221

329 posts

Posted by kahfui1221 > 2 months ago | Report Abuse

Malaysia’s economy remains resilient amid consumer spending, tech upswing and tourism, says economist. Gogo, AAX

https://www.malaymail.com/news/money/2024/05/17/malaysias-economy-remains-resilient-amid-consumer-spending-tech-upswing-and-tourism-says-economist/134972

Jassie26

24 posts

Posted by Jassie26 > 1 month ago | Report Abuse

We love to fly .....

Junx Leow

524 posts

Posted by Junx Leow > 1 month ago | Report Abuse

Again.......

Soliday

52 posts

Posted by Soliday > 1 month ago | Report Abuse

Fly cheap again

Posted by AnthonyAng666 > 1 month ago | Report Abuse

AAX will head towards RM2 again 🤗

Income

10,599 posts

Posted by Income > 1 month ago | Report Abuse

Satoshi Nakamoto

pang72

49,482 posts

Posted by pang72 > 1 month ago | Report Abuse

What is the meaning of 17c eps?

pang72

49,482 posts

Posted by pang72 > 1 month ago | Report Abuse

Good or very good?

paulthesotong

2,629 posts

Posted by paulthesotong > 1 month ago | Report Abuse

Fly from everywhere.

nich0las

2,786 posts

Posted by nich0las > 1 month ago | Report Abuse

LU or NL?

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