AIRASIA X BERHAD
KLSE (MYR): AAX (5238)
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Last Price
1.30
Today's Change
-0.03 (2.26%)
Day's Change
1.30 - 1.33
Trading Volume
2,073,200
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
52 people like this. Showing 50 of 45,061 comments
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
2 months ago
Capital reduction 10 to 1 had already been done in 2022 .... the price now is equivalent to approximately 15sen before reduction
2 months ago
Private placement is coming ..
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459041
1 month ago
Before and after pandemic aax turn 360 degree from net loss to net profit , would u believe it ??
1 month ago
@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
1 month ago
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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3 weeks ago
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.
3 weeks ago
because aax will report higher profit in the coming quarters due to AAB and AAAGL :D
3 weeks ago
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?
3 weeks ago
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?
3 weeks ago
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?
3 weeks ago
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
3 weeks ago
imminent bankruptcy of AAX
this time round, will be negative NTA just like Capital A
3 weeks ago
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. 🙄
3 weeks ago
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.
3 weeks ago
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
🤣
3 weeks ago
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.
3 weeks ago
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......
3 weeks ago
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
3 weeks ago
Everything to be auctioned off.
Zuliana wants to buy Stony punya table. 🤣
3 weeks ago
AAX or Capital A ?
0PTech
just prepare to buy at range 0.710-0.795
1 day ago
2 weeks ago
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2 weeks ago
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
2 weeks ago
With 2 wars, any attack on passenger plane even 10,000 miles away will affect Travel industries
2 weeks ago
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?
1 week ago
dilution the real question is what is the business worth >? brain only dilution , this isnt like ur jaks PP to dilute shareholders because need more CASH to run business.
acquiring the whole aviation business will give 7 bil revenue per Quarter... almost 30 bil per year... in CASH .
☝️ ☝️ agak2 lah when talking nonsense
1 week ago
Know what is the cashflow of the whole aviation business?
Did AAV listed in Thai and PT AirAsia TBK listed in Indonesia give any dividend to AAAGL?
1 week ago
CapitalA annual report:
13. Investment in subsidiaries (cont'd.)
Material partly-owned subsidiaries
Proportion of equity interest held by non-controlling interests:
Country of 2023 2022
Name of entity incorporation % %
IAA Indonesia 52.57% 52.57%
PAA Philippines 2.29% 60.00%
AAV Thailand 59.29% -
13. Investment in subsidiaries (cont'd.)
Material partly-owned subsidiaries (cont'd.)
Summarised income statements as at 31 December are as follows:
2023: 2022
IAA PAA AAV IAA PAA
RM’000 RM’000 RM’000 RM’000 RM’000
Revenue 2,025,803 1,767,199 3,361,088 1,138,141 827,520
Depreciation and amortisation (239,357) (184,015) (289,965) (188,126) (191,038)
Interest income 192 15 2,839 230 6
Interest expense (108,689) (101,539) (192,613) (97,235) (86,070)
(Loss)/profit before taxation (364,287) (472,560) 23,210 (487,986) (533,294)
Tax credit - - 4,023 - -
Net (loss)/profit for financial year (364,287) (472,560) 27,233 (487,986) (582,865)
Total comprehensive (loss)/profit (364,287) (472,560) 27,233 (487,986) (582,865)
Attributable to non-controlling interests (191,513) (10,803) 16,147 (256,534) (349,719)
Summarised statements of financial position as at 31 December are as follows:
IAA PAA AAV IAA PAA
RM’000 RM’000 RM’000 RM’000 RM’000
Non-current assets 1,627,381 908,863 8,094,574 1,409,615 709,801
Current assets 231,987 242,429 1,831,039 116,294 357,235
Non-current liabilities (2,283,702) (1,679,148) (6,223,938) (1,992,676) (1,021,560)
Current liabilities (1,965,010) (3,205,168) (2,573,670) (1,458,377) (3,100,251)
Net (liabilities)/assets (2,389,344) (3,733,024) 1,128,005 (1,925,144) (3,054,775)
3 days ago
AAV.BK - Asia Aviation Public Company Limited
Thailand - Thailand Delayed Price. Currency in THB
2.1800 -0.0200 (-0.91%)
At close: August 21 04:38PM ICT
Market Cap 28.013B
AirAsia Indonesia Tbk PT
IDX: CMPP
65,00 IDR +1,00 (1,56%)today
21 Aug, 14.55 WIB • Disclaimer
Mkt cap 683,85B
AAAGL hold: 40.71% AAV, 47.43% AA Indo Tbk PT and 97.71% unlisted PAA.
By right listed AAV and AA Indo Tbk PT is associate company of capitalA.
As at 31/12/2023 AA Indonesia Tbk PT and PAA
RM '000
Net (liabilities)/assets (2,389,344) (3,733,024)
Need capital injection.
2 days ago
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 new AAX shares to acquire AAAGL will result in earning dilution or earning enhencing?
Is AAX proposed to acquire the aviation business for RM6.8 billion a financial enhencing or undermining?
Will AAX financially fall into PN17 after acquire the aviation business for RM6.8 billion?
2 days ago
PAA is a private company and I would not think can access to PAA latest quarterly result.
1 day ago
Warren Buffer-I buy fantastic stock at a fair price rather than fair stock at a fantastic price. Well AAX is a fantastic stock and the price is very fair now. It will only fly higher and further. Why?
1. Batik reduce flight numbers
2. My-Airline went kapoot.
3. Airbus A321 Neos
4. Ringgit is strengthening
5. Fuel cost decreasing
5. Airfares are increasing
6. The best Airline in the world for 18 consecutive years.
16 hours ago
"Investors have poured money into a bottomless pit, attracted by growth when they should have been repelled by it.” - Warren Buffett
In 2016, Warren Buffett started buying a chunk of nearly the entire U.S. industry, eventually paying $7 billion to $8 billion to buy roughly 10% of American Airlines Group, United Airlines Holdings, Delta Air Lines, and Southwest Airlines. By 2019, he had a small profit. Then COVID-19 struck, and he immediately pulled out, calling his investments “an understandable mistake.” A year later, the stocks had taken off, with United and American more than doubling between May 1, 2020, and May 1, 2021. Such is life with airline stocks. They’re suitable only for short-term market timers, and no one—not even Warren Buffett—can time the market, knowing precisely when to jump in and out.
Benjamin Graham, was right from the start. He wrote in 1949 that it’s obvious that the airline industry will take off, but that doesn’t make airline stocks good investments
15 hours ago
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