AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.67

Today's Change

+0.03 (1.83%)

Day's Change

1.64 - 1.68

Trading Volume

840,200

Entitlement

Upcoming

Happening

Ann. Date Ex Date Type Subject Amount
Discussions
51 people like this. Showing 50 of 44,740 comments

Blue Tulip

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

1 month ago

manimalanmuru

tourist season

1 month ago

MarketNavigator

PE only 1.61 time. Just catch it when it drops

1 month ago

speakup

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

1 month ago

Sslee

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?

1 month ago

Blue Tulip

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

1 month ago

Sslee

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.

1 month ago

Chia hs

Get some in today 1.75

1 month ago

Chia hs

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

1 month ago

MarketNavigator

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

1 month ago

BlackQ


Banker was done/finished goreng and leave…. Now full of retails to down turn, same scenario with glove company, rapid YNH etc😣

4 weeks ago

DoubleO

break below 1.70😣

4 weeks ago

foo

air traffic increase

4 weeks ago

foo

cny tickets expensive

4 weeks ago

UlaSawa

lapsap counter

4 weeks ago

BlackQ

Turn back to the ground…. All banker gone…. Only retails still struggle ….

4 weeks ago

BlackQ

All news was out…

4 weeks ago

kahfui1221

LOL, if all bankers gone, AAX will drop to below Rm1

4 weeks ago

The_JQuestion

at this point... sell aax and buy CAP A more worth !!!

3 weeks ago

Sslee

Posted by The_JQuestion > Jan 29, 2024 7:22 PM | Report Abuse
at this point... sell aax and buy CAP A more worth !!!

The_JQuestion has a point. If CapA success in diposing capA aviation to AAX, most likely AAX will pay capA in AAX shares.
CapA will then distribute AAX shares to capA shareholders.

3 weeks ago

The_JQuestion

one is pn 17 , one is not pn 17. who is going to win?? the reason bursa released AAX was because AAX assured they would not merge the aviation business. however, they shifted back to the idea. AAX get all the debt cap A is now the scot - free company. AAX was the gem of a scot free company with potential before. Now no more

3 weeks ago

NorAfan

Utk Cap A, buat spekulasi utk jangka pendek. Manakala, labur AAX. hehe

3 weeks ago

Chia hs

Brent oil >usd80++ :(

3 weeks ago

Medusa

Congratulation everyone

Follow medusa buy low sell high

Follow IB TP buy high stuck high

Kikiki…

3 weeks ago

NorAfan

IB dari mana tu? 😂

3 weeks ago

kahfui1221

Maybank I guess. They gave more than RM3 on its TP

3 weeks ago

Sslee

Maybank Investment Bank (Maybank IB) research has reaffirmed a "buy" call on AAX with a lower target price of RM3.40 (previously RM3.56).

The research house said the group's 3QFY2023 results were disappointing due to higher-than-expected jet fuel prices, which have since eased substantially.

However, Maybank IB expects fares to peak in the upcoming 4Q2023 and contribution from its associate Thai AirAsia X (TAAX) to improve starting next year.

AAX recorded a net profit of RM5.56 million for the third quarter ended September 30, 2023 (3QFY2023), marking the group's exit from PN17 classification.

3 weeks ago

faizal

cuti cuti malaysia

3 weeks ago

MarketNavigator

masa utk balik kampong

3 weeks ago

ZenSen

still got hope ka?

3 weeks ago

The_JQuestion

sell AAX buy cap A now !!! one green, one red ! ur choice

3 weeks ago

MarketNavigator

Both will go green at the same time in one day 😄

2 weeks ago

MarketNavigator

AAX q4 will be out this month end. Another goreng wave is coming?

2 weeks ago

The_JQuestion

disappointing... i say it again , sell AAX buy CAp A !! AAX is going to pay cap A for their aviation business LOL no brainer

2 weeks ago

$$ BUYSELL $$

Look like no hope going down everyday slowly.

2 weeks ago

MarketNavigator

Buy both Cap A and AAX if got money 😆😆

1 week ago

rr88

1.60++ only. What happened to 2.20s, 2.40s? He he...i told u dy..that lousy bank analyst bs only for the bank to play goreng n trap you. I told u then it would return to glide below 1.60 to resume its move when it was interrupted by that con analyst report.

0.70 - 0.80 target, half price from here.

1 week ago

Balian de Ibelin

likely to go PN17 again and it can happen suddenly very soon. 😝

1 week ago

rr88

I told you travel surge was a knee jerk temporary reaction only post covid. Aax will struggle to stay afloat. It will take 10 yrs to shed impact of covid, if they can survive that long.

Capitala without aviation business is reduced to food delivery, tour agency nightmare with tons of debt. They cornered themselves into weird businesses when covid strucked. Bottom line is once a thambi, always a thambi even with that fancy accent.

Stay away from both. If already in, cut loss n dont look back.

1 week ago

Blue Tulip

Good earnings are on the horizon. Stay calm and be positive! Hooray. Be greedy when people are selling.

1 week ago

MarketNavigator

Another green result is coming. It will move back up to Rm2

1 week ago

malansanni70

I need to know more information about Air Asia X Berhad
https://hello-neighbor.online

4 days ago

The_JQuestion

id rather sit it out... the merger is unknown... aax is expected to tank for the merger ,, to bring its mother out of pn17 danger

4 days ago

SinGor

aax has used my covid non-refund ticket as "profit" for this Qr .....max profit 6mil if not sure negative due to
forex loss

4 days ago

The_JQuestion

how old are u guys? very hoax-ish... refund go into credit account. i have one refund in credit and the other on airasia points. both of which i have FULLY used. get back whatever money I could, no idea why people can call it SCAM etc. they were too LAZY to make the request or just busy BLAMING... very OBLIVIOUS

4 days ago

Xienry

always cutting corners.. what you expect lol

3 days ago

Aldous47

Q4 will be out next Monday?

2 days ago

PepGuardiola

Some good news

2 days ago

Post a Comment