Posted by AnthonyAng666 > 2 months ago | Report Abuse

For the first quarter ended March 31, 2024 (1Q24), AAX saw its revenue growing by 65.6% to RM908.9mil from RM548.8mil in 1Q23, driven by more ticket sales and growth in ancillary revenue

https://www.thestar.com.my/business/business-news/2024/05/28/aax-1q-revenue-up-656

Posted by Income > 2 months ago | Report Abuse

飞机还没有起飞吗？

Posted by Income > 2 months ago | Report Abuse

https://youtube.com/shorts/lnELVGlviAM?si=9u1Mui6L7g_slq9O

Posted by AnthonyAng666 > 2 months ago | Report Abuse

It will slowly depart and fly up 😄

Posted by Soliday > 2 months ago | Report Abuse

tony say cannot fly yet

Posted by mf > 2 months ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

38,111.48

-330.06

0.85%

Nasdaq

NASDAQ Composite

16,737.07

-183.50

1.08%

Posted by AnthonyAng666 > 2 months ago | Report Abuse

AirAsia wins top low-cost carrier in Asia 2024 award 😆

https://www.thestar.com.my/business/business-news/2024/05/28/airasia-wins-top-low-cost-carrier-in-asia-2024-award

Posted by ZenSen > 2 months ago | Report Abuse

but the price remain stagnant though wins top low-cost carrier award 2024

Posted by AnthonyAng666 > 2 months ago | Report Abuse

what to do, ZenSen, dnt have big big funds flowing in

Posted by purple70 > 2 months ago | Report Abuse

Whats the door gift at AX today? What did uncle tony pass on?

Posted by 8dragon > 2 months ago | Report Abuse

Will invest some if price falls below 1.30..

Posted by Invest123 > 2 months ago | Report Abuse

Why kept dropping, experts?

Posted by raymondroy > 2 months ago | Report Abuse

it it truw that there will be capital reduction exercise being planned? Wouldnt this result in reduction of share price accordingly.... just before a rights issue to pay more? Just asking..... :-) happy hunting

Posted by GreenTrade > 2 months ago | Report Abuse

interesting value here once the restructuring takes place

Posted by firehawk > 2 months ago | Report Abuse

Capital reduction 10 to 1 had already been done in 2022 .... the price now is equivalent to approximately 15sen before reduction

Posted by Apple4Oranges > 2 months ago | Report Abuse

After restructuring, AAX's NTA value will increase tremendously 😁

Posted by AnthonyAng666 > 1 month ago | Report Abuse

Private placement is coming ..

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459041

Posted by Chellons > 1 month ago | Report Abuse

this counter need to revive soon

Posted by NatsukoMishima > 1 month ago | Report Abuse

https://www.cnbc.com/2024/07/22/ryanair-q1-2024-results-shares-fall-on-lower-fares-fall-in-quarterly-profit.html

Posted by NatsukoMishima > 1 month ago | Report Abuse

Before and after pandemic aax turn 360 degree from net loss to net profit , would u believe it ??

Posted by raymondroy > 1 month ago | Report Abuse

@Natsu..... from net loss to net profit is 180 degree turn..... if 360 degree turn.... means net loss to net loss.... back at same position .... heeeee LOL :-) cheers buddy

Posted by paulthesotong > 4 weeks ago | Report Abuse

Smooth operator
https://newsroom.airasia.com/news/aax-2q2024-ops-stats

Posted by Invest123 > 4 weeks ago | Report Abuse

Good

Posted by Iamchops548 > 4 weeks ago | Report Abuse

yes I believe in 360 degrees u turn, means next quarter = loss making

Posted by jackey > 4 weeks ago | Report Abuse

then why u here? aax make loss u still interest? idt?

Posted by Pandu1 > 3 weeks ago | Report Abuse

KUALA LUMPUR (July 26): AirAsia X Bhd (KL:AAX) said on Friday it will be acquiring Capital A Bhd's (KL:CAPITALA) aviation business directly, and not via a new company (NewCo) under an internal reorganisation proposed previously, to expedite the takeover.

“The decision to abort the proposed internal reorganisation and to terminate the internal reorganisation agreement was arrived at after weighing potential benefits of the proposed internal reorganisation against time required for the implementation of the proposed internal reorganisation and more critically, the importance of an expedient completion of the proposed acquisitions to the AAX Group,” AAX said in a bourse filing.

On April 25, AAX announced that it would be taking over Capital A’s aviation business — under AirAsia Bhd (AAB) and AirAsia Aviation Group Ltd (AAAGL) — through an internal reorganisation involving the setting up of a NewCo that would take over AAX's listing status. The aviation group expected the proposals to be completed by the fourth quarter of 2024.

AAX had proposed to acquire the aviation business for RM6.8 billion. It planned to issue new shares worth RM3 billion — 2.31 billion shares at RM1.30 each — to acquire AAAGL. As for AAB, AAX proposed to acquire it for RM3.8 billion, to be satisfied by assuming RM3.8 billion of some RM3.83 billion worth of debt that Capital A owed AAB.

The deal values the entire equity interest in AAAGL at between RM2.7 billion and RM3.5 billion. AAAGL owns Thai AirAsia, Philippines AirAsia, Indonesia AirAsia and AirAsia Cambodia. As for AAB, which operates AirAsia Malaysia, the deal values its equity interest at between RM3.48 billion and RM4.37 billion.

In its filing on Friday, the medium-haul low-cost carrier said the group and NewCo have mutually terminated the internal reorganisation agreement. AAX will now replace NewCo under the deal.

AAX also said it now plans to grant Singapore-based Garynma Investments Pte Ltd, the vehicle of former AAX director Datuk Lim Kian Onn, the rights to subscribe to 12% of AAX's enlarged share base, immediately upon completion of the acquisitions. This is a reduction from the 15% proposed previously.

Shares in AAX ended nine sen or 6.16% higher at RM1.55 on Friday, valuing the group at RM692.96 million. Meanwhile, Capital A closed three sen or 3.70% higher at 84 sen, giving the group a market capitalisation of RM3.62 billion.

Read also:
AirAsia X to buy Capital A's aviation business for RM6.8b via share and debt deal

Edited ByS Kanagaraju
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Posted by curiousq > 3 weeks ago | Report Abuse

Ask a sifu which one is better to buy? AAX or Capital A?
He recommended AAX, he said now the jewels on the crown, AAB and AAAGL is now transffered to AAX.

Posted by Sweetchocalates > 3 weeks ago | Report Abuse

because aax will report higher profit in the coming quarters due to AAB and AAAGL :D

Posted by Sslee > 3 weeks ago | Report Abuse

AAX had proposed to acquire the aviation business for RM6.8 billion. It planned to issue new shares worth RM3 billion — 2.31 billion shares at RM1.30 each — to acquire AAAGL

So the acquisition only value AAX at RM 1.30.
What will AAX price movement today?

Posted by Sslee > 3 weeks ago | Report Abuse

Who do you think is the winner is this deal?

The divestment of AirAsia Aviation Group Ltd (AAAGL) is expected to give rise to a pro forma gain of RM4.69 billion to Capital A, while the disposal of AirAsia Bhd (AAB) would result in a gain of RM6.07 billion.

The shareholder expresses concern that the deal might be a zero-sum game, where what The Group gains is AAX's losses. Specifically, AAX is expected to take on total borrowing and lease liabilities amounting to
RM23,271,794,000 with gearing of 23.96 times. Could you elaborate on how these liabilities will be managed and mitigated?

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

easy Question to answer !!! 👍

AAX shareholders already agreed to take 0.5 sen aka RM0.005 for RM1.00 previously for AAX bankruptcy.

so accepting ........... will agree to take RM0.0001 for RM1.00 for next AAX bankruptcy is a no brainer.
Sure 100% all will agree.
ok one.
Jolly Good !!
Excellent !! 👍

RM100,000.00 invested in AAX gets back an a good RM10/-
at least got something back right?

Posted by eric5757 > 3 weeks ago | Report Abuse

Analysts' Forecasts for AirAsia X Berhad (AAX)
Target Price Estimates
Mean Target Price: MYR 1.88
Median Target Price: MYR 1.88
High Target Price: MYR 1.88
Low Target Price: MYR 1.88

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

PN17 coming soon
PN17 next change
PN17 akan datang

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

imminent bankruptcy of AAX

this time round, will be negative NTA just like Capital A

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Malaysia Airlines been making RM Billions after adopting the Ryanair Yield Control Curve recently.

99.99% of world airlines use a customised Ryanair Yield Control Curve.

Air Asia is the ONLY airline in the world using a Reverse Ryanair Yield Control Curve.
End result of being greedy weird, Air Asia never make profits moving people, always rely on selling planes. 🙄

Posted by abidinaa > 3 weeks ago | Report Abuse

You're wrong MyAirline oso follow AAX. The different is AAX is managed by very competent team. That's why AAX is the best airline in the world for decades. Where is Ryanair? Not even in top 20. Phewwwww. MyAirline on the other hand are managed by very incompetent team. Like a ponzi scheme.

Posted by BlackQ > 3 weeks ago | Report Abuse

谁知道这之后会怎样：“随后，将透过削资活动取消多余的股份，并将亚航长程的股本减少至1亿令吉。，”

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Just for comparison purposes to see the effects of bankruptcy protocol methods.
Using the Reverse Ryanair Yield Control Curve had never made any money for the following businesses:-

Food
Toys
Telecommunication eg handphones
Computers
Tourism
Musang King Durians
Fashion apparels. <= Many bankrupt using Reverse Ryanair Yield Control Curve.

including but not limited to:-
licensed prsotitution in Amsterdam and Bangladesh.

🤣

You already have the most famous example Malaysia Airlines now making RM Billions after using Ryanair Yield Control Curve.
Besides Malaysia Airlines example, international companies using Ryanair Yield Control Curve Methodology includes but not limited to Apple Iphones, Samsung, Tesla, Hewlett Packard computers, Acer, Nike, Adidas, Puma, Speedo, Hilton, Marriott, Holiday Inn, Harvey Norman, Popular Books, Jaya Jusco, Village Grocer etc etc

🤣

Posted by abidinaa > 3 weeks ago | Report Abuse

MAS received billions from mudunon Gov. plus they cut cost by serving cheap sandwiches as inflight meal for exhorbitently jack up ticket price. that kind of service will go nowhere. BTW have you fly Ryanair. I tried and puked. my first and the last. no wonder Ryanair didnt make it into top 20 best airlines in the world. Daaaaaaa.

Posted by abidinaa > 3 weeks ago | Report Abuse

i am a concrete wall, and you are a slimey and sticky wall. whatever you throw at me will bounce back and stick on you......

Posted by AnthonyAng666 > 3 weeks ago | Report Abuse

This month will have EGM for AAX

https://newsroom.airasia.com/news/airasia-x-enters-next-phase-of-acquiring-capital-a-aviation-business#gsc.tab=0

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Everything to be auctioned off.
Zuliana wants to buy Stony punya table. 🤣

Posted by 0PTech > 2 weeks ago | Report Abuse

just prepare to buy at range 0.710-0.795

Posted by AnthonyAng666 > 2 weeks ago | Report Abuse

AAX or Capital A ?

0PTech

just prepare to buy at range 0.710-0.795

1 day ago

Posted by mf > 2 weeks ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

38,761.30

-975.96

2.45%

Nasdaq

NASDAQ Composite

16,174.15

-602.01

3.58%

Posted by 0PTech > 2 weeks ago | Report Abuse

AAX : 0.710-0.795
CapA : 0.615-0.655

Just sharing my point of interest and shall not treat this as a financial advice.

AnthonyAng666

AAX or Capital A ?

0PTech

just prepare to buy at range 0.710-0.795

1 day ago

7 hours ago

Posted by SinGor > 2 weeks ago | Report Abuse

With 2 wars, any attack on passenger plane even 10,000 miles away will affect Travel industries

Posted by AnthonyAng666 > 1 week ago | Report Abuse

The market has already priced in those risks, I think ..

Posted by NorAfan > 1 week ago | Report Abuse

Tengok keputusan Q2 AAX bagus tak. Jika OK, hentam 😁

Posted by Sslee > 1 week ago | Report Abuse

AAX had proposed to acquire the aviation business for RM6.8 billion. It planned to issue new shares worth RM3 billion — 2.31 billion shares at RM1.30 each — to acquire AAAGL

2.31 billion newcAAX shares what will be the dilution effect?
What are inside AAAGL?
Is AAAGL profit or lose making?