Posted by abcb > 1 month ago | Report Abuse

Today can reach 2.00

Posted by abcb > 1 month ago | Report Abuse

2019 highest 3.65
2023 highest 2.65
This year 2024 expect can hit from 2.65 to 3.15

Posted by abcb > 1 month ago | Report Abuse

Tge appreciation of RINGGIT will very sure benefit AAX for the next few quarters report

Posted by abcb > 1 month ago | Report Abuse

AAX will fly to 3.00 by year-end 2024

Posted by abcb > 1 month ago | Report Abuse

Now everyone can fly 😄

Posted by joyvest > 1 month ago | Report Abuse

please make sure you dont fly kite

Posted by paulthesotong > 1 month ago | Report Abuse

We use AirBus...Fly High.
https://theedgemalaysia.com/node/728572

Posted by abcb > 1 month ago | Report Abuse

Continue to fly higher tomorrow

Posted by joyvest > 1 month ago | Report Abuse

if you think you can fly , you can fly ..... basically it's all in your fantasy.....

Posted by paulthesotong > 1 month ago | Report Abuse

brent below 71 again.

Posted by Income > 1 month ago | Report Abuse

https://youtube.com/shorts/CZ8prkPSZAg?si=rYGVFP7D181Pq3sL

Posted by mf > 1 month ago | Report Abuse

Name
Last
High
Low
Chg.
Chg. %
Time
US 30
42,045.5 42,152.1 42,000.5 -111.5 -0.26%
03:30:16
US 500
5,699.0 5,710.9 5,687.3 -9.8 -0.17%
03:30:19
US Tech 100
19,739.2 19,786.3 19,677.9 -33.6 -0.17%
03:28:33

Posted by NorAfan > 1 month ago | Report Abuse

Percaya AAX akan memecah Rm2 dlm bulan ini

Posted by bu4567 > 1 month ago | Report Abuse

Kapal terbang taada pemandu susahlah skit

Posted by Balian de Ibelin > 1 month ago | Report Abuse

excellent Death Spike before bankruptcy.
Hope everyone made money from this last Death Spike😁

Posted by astalavistaxmarket > 1 month ago | Report Abuse

As a result of the war in West Asia, airline stocks plummeted within 3 months. Aax shares will fall below RM1 again.

Posted by mf > 1 month ago | Report Abuse

sell

Posted by astalavistaxmarket > 1 month ago | Report Abuse

This stock is very unlucky, like there is VERY VERY VERY bad luck. This may be the curse or the sin of this company that does not return the passenger's money. Many are losing now.

Posted by astalavistaxmarket > 1 month ago | Report Abuse

Brent oil is approaching $80. I bet, this stock will fall below RM1.3 next week!
si si si si
4 4 4 4

Posted by paulthesotong > 1 month ago | Report Abuse

Prof TF Out of the storm n into the blue sky

https://www.bangkokpost.com/business/general/2877902/airasia-parent-upbeat-on-prospects

Posted by NorAfan > 1 month ago | Report Abuse

Rasa boleh lihat AAX naik ke RM2 bulan ini

Posted by bu4567 > 1 month ago | Report Abuse

Susahlah kalau minyak makin naik

Posted by mf > 1 month ago | Report Abuse

sell

Posted by mf > 1 month ago | Report Abuse

Time
US 30
42,289.0 42,396.0 42,286.0 -63.8 -0.15%
02:28:44
US 500
5,741.9 5,758.6 5,740.3 -9.2 -0.16%
02:28:44
US Tech 100
19,993.1 20,065.2 19,984.6 -38.2 -0.19%
02:27:45

Posted by abidinaa > 1 month ago | Report Abuse

While Astalavista bet short, he got a very short Peni$. And I on the other hand bet long position, now I laugh all the way to my newly purchased vault. Hehehe

Posted by Income > 1 month ago | Report Abuse

Tomorrow to the moon the price very upsi de，

Posted by ken2004 > 1 month ago | Report Abuse

start to think whether worth to jump into AAX after I see this, The two exercises will see AAX issue 3.31 billion shares, which will raise its share base to 3.75 billion shares from 447.07 million shares currently. A detailed circular to its shareholders on Sept 24 shows an equity dilution of about 88% as a result. It basically means so many shares issued out now diluted the current number of shares which existing share holders really will accept this..........

Posted by Sslee > 1 month ago | Report Abuse

Page 60: 10.4 Goodwill and impairment risk
For illustrative purposes, as set out in the pro forma consolidated statement of financial position of our Group as at 31 December 2023 in Appendix VIII of this Circular, the goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively, based on the assumptions and parameters stated therein

Question 11: External Auditor, are Non-current assets: Deferred tax assets and Goodwill subjected to yearly impairment?

Question 12: External Auditor will above impairment causing Net Assets into negative and sending AAX into PN17?

Posted by Sslee > 1 month ago | Report Abuse

As set out in Section 11.3, Part A of this Circular, our Group will have a pro forma NA as at 31 December 2023 of RM574.97 million and total borrowings, debentures and lease liabilities as at 31 December 2023 of RM 24,492.69 million (gearing ratio of 42.60 times) upon completion of the Proposed Acquisitions.

Question 7: BOD, what will be the current assets and current liabilities upon completion of the Proposed Acquisitions ?

Question 8: BOD, what will be borrowings, debentures and lease liabilities payable:
Not later than 1 year?
Between 1 to 2 years?
Between 2 to 3 years?
Between 3 to 4 years?
Between 4 to 5 years?

Question 9: Can BOD ensure AAX will not default on above payables or AAX will need to issue more bonds to roll over payables?

Question 10: BOD, In the event of a default of payables, could the Board of Directors of both Capital A and AirAsia X potentially face legal repercussions, such as charges of Wrongful or Fraudulent Trading under Section 540 and Section 539 of the Companies Act 2016?

Posted by human > 1 month ago | Report Abuse

Do u understand post acquisition the final milestone of capital reduction do to the balance sheet? This capital reduction function and 1b pp answer lots of question.

Posted by Sslee > 1 month ago | Report Abuse

As set out in Section 11.3, Part A of this Circular, our Group will have a pro forma NA as at 31 December 2023 of RM574.97 million and total borrowings, debentures and lease liabilities as at 31 December 2023 of RM 24,492.69 million (gearing ratio of 42.60 times) upon completion of the Proposed Acquisitions.

The NA is positive RM 574.97 million because of the goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively.

If after one year the external auditor will to impair the goodwill and intangible assets most likely the NA will be negative and AAX will fall into PN17 again.

Posted by Sslee > 1 month ago | Report Abuse

Goodwill is subject to annual impairment test. This requires as estimation of the value-in-use and fair value less costs of disposal of the cash-generating units to which the goodwill is allocated. Estimating the value-in-use amount requires the Group to make as estimate of the expected future cash flows from the CGU and also to choose a suitable discount rate in order to calculate the present value of those cash flows. When fair value less costs of disposal calculation is used, management estimate the expected selling price of the assets or cash generating unit less its estimated cost to sell. The objective evidence during our course of audit indicating the recoverable amount is less than the carrying amount of the goodwill, impairment loss is recognised in the P&L. According to MFRS136.124, An impairment loss recognised for goodwill shall not be reversed in a subsequent period

Posted by TheGardener > 1 month ago | Report Abuse

AAX free Holland ticket! 101% free! Unlimited! Buy more, get more! Dont believe!? Please all in now to enjoy!

Posted by NorAfan > 1 month ago | Report Abuse

Airasia ada tiket ke Holland, ia berharga Rm2k hingga Rm3k. ha

Posted by Kris Wong > 1 month ago | Report Abuse

Any 'live' news on the progress of the meeting today ?

Posted by paulthesotong > 1 month ago | Report Abuse

CapA shld also become DoubleX shld. U have 2 cakes and eat it. Flyious!

Posted by Patient Investor > 1 month ago | Report Abuse

All carried . LOL

Posted by Patient Investor > 1 month ago | Report Abuse

despite a lot of challenging question all carried above 98%.

Posted by paulthesotong > 1 month ago | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3491993

Posted by Sslee > 1 month ago | Report Abuse

Any reason to chase high when billion of AAX new shares will be issued at RM 1.30 to CapitalA and PP investors?

Posted by Sslee > 1 month ago | Report Abuse

Know how much AAX overpaid for AAAGL and AAB?

The NA is positive RM 574.97 million because of the goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively.

Posted by paulthesotong > 1 month ago | Report Abuse

Why worry? oredi passed with Flying Colors!

Posted by mf > 1 month ago | Report Abuse

sell

Posted by ken2004 > 1 month ago | Report Abuse

Actually, after this whole thing on and the new shares values at 1.30 each issuing out, the whole AAX will be flooded with 6-7 times of current share...........this is the scary part....

Posted by Sslee > 1 month ago | Report Abuse

The deal will increase NOSH from 447.07 million into 3,639.72 million. Total borrowings, debentures and lease liabilities will be RM 24,492.69 million (gearing ratio of 42.60 times) upon completion of the Proposed Acquisitions.

Posted by TradingFUN > 1 month ago | Report Abuse

Ready to fly. Looking forward to Quarterly Release with flying color by end of Nov.
My holding of 500,000 AAX and 1,000,000 Cap A has yield paper gain of 340,000

Posted by alenac > 1 month ago | Report Abuse

Yes, transferring Air Asia's billion-dollar debts to Air Asia X is suicidal for the company just to rescue Air Asia. AAX minority shareholders will be caught with their pants down and a huge volume of shares created to resolve AA solvency problem.

Posted by joyvest > 1 month ago | Report Abuse

Rescue mission is done and over... Flying to the moon now..d

Posted by human > 1 month ago | Report Abuse

"The deal will increase NOSH from 447.07 million into 3,639.72 million. Total borrowings, debentures and lease liabilities will be RM 24,492.69 million (gearing ratio of 42.60 times) upon completion of the Proposed Acquisitions."
This is taking text out of context.
AAX now has about 18 plane, post proposal about 236, 13 times more plane.
Corporate that afraid to expand and growth has no value.

Posted by Sslee > 1 month ago | Report Abuse

Neither capA or AAX have any planes. All the AA planes were lease from lessors.

And if you do not pay the lease due the lessors have the rights to pull out their planes and lease it to any LCC that ready to lease their planes