KLSE (MYR): AAX (5238)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
1.17
Today's Change
-0.04 (3.31%)
Day's Change
1.14 - 1.21
Trading Volume
4,729,800
Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.
Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.
A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.
A put warrant is in-the-money when the underlying share price is lower than the exercise price.
In the money
In the money
In the money
this one is due for rebound ......
someone pls make a TA video and put on youtube !!!
1 month ago
Good q4 result but couldn't break Rm2 ... Let's see got Raya wave or not. ha
1 month ago
Do not look only at PE ratio because profit can be from one off reversal of provision additional loss of investment.
Look also the cash flow, did AAX generate positive cash flow?
1 month ago
If excluded the reversal of provision additional loss of investment in IAAX, it did make positive operating cash flow
1 month ago
I wonder will AAX BOD dare to go ahead with the take over of capA aviation business (assets and liabilities) that will cause AAX to fall back into PN17 and need another round of debts restructure, capital reduction and share consolidation?
4 weeks ago
By the way did the BOD act in good faith or at the best interest of AAX and sharehoders when they signed the agreement to allow BrandAA/ CAPI to charge AAX 0.5% royalty fee and Thai AAX 1.5% loyalty fee?
4 weeks ago
https://youtube.com/shorts/zMggdhQYVVc?si=O7uEIcapeDoXq_q0
Summoning the de mons?
4 weeks ago
Unlimited flight with travel pass. Revenue grows again
https://newsroom.airasia.com/news/2024/3/25/travel-unlimited-with-airasia-moves-all-new-travel-pass#gsc.tab=0
3 weeks ago
After we sign the S&P, we have to get shareholders’ approval, which will take a couple of months, and then court approvals for capital reduction and then relist it, and then we hope to raise US$300 million or US$400 million of equity.
Will AAX price fall into penny stock then when the court approvals for capital reduction and then relist it, and then we hope to raise US$300 million or US$400 million of equity?
3 weeks ago
hi morning too all AAX forum readers..
paktua back with swing pick now on new born stock 24..
if feel AAXbis expensive come look on other opportunities..
paktua back swing on new born stock..
joined paktua on good hot new born stock..
paktua back pick new hot counter for march till june..
so paktua n team we will focus on
1-Mtec paktua target minimum rm1.25 (main target rm1.43)
2-KJTS paktua target minimum brm0.80 (main target rm0.93)
3-Hegroup Paktua target rm0.70
4-Zantat paktua target rm0.70(now only rm0.50)
set from 21hb march 24.till 7hb june 24..
come joined paktua Swing team..
let we fight together
tut tut
come joined paktua swing team..
sent request at tele @swingdarkred73
3 weeks ago
Crude oil is surging to new high this year at close to USD90 per barrel.
This is not a good sign for airlines which takes up about 30% of the total capex.
Profitability will be a concern moving forward.
2 weeks ago
Capital A and AirAsia X say they need until April 30 to negotiate disposal of aviation business
2 weeks ago
How to close the deal when capA aviation is in deep debts and AAX do not have the money to bail out capA?
2 weeks ago
Are we talking on capA and AAX? Or are we talking about bank?
So capA is in deep debts is good for AAX? Because AAX can turn these debts into assets?
2 weeks ago
The new share list with rm1.30 then aax share 1 to 1 swap to new share ? The NewCo will then acquire Capital A's aviation business — AAB and AirAsia Aviation Group Ltd (AAAGL) — for RM6.8 billion. It will be issuing new shares worth RM3 billion in the NewCo — 2.31 billion shares at RM1.30 each — to acquire AAAGL.
12 hours ago
Repost from capA forum
AAX will swap their shares in AAX with shares of the NewCo — Airasia Group Sdn Bhd — on a one-to-one basis.
The NewCo will then acquire Capital A's aviation business — AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) — for RM6.8 billion. It will be issuing new shares worth RM3 billion in the NewCo to acquire AAAGL, while it will acquire AAB for RM3.8 billion, to be satisfied by assuming RM3.8 billion of the RM3.83 billion worth of debt that Capital A owes AAB.
My opinion:
Engineer work according to the law of physics and chemistry to create many wonders of the word.
Accountant can be very creative like magician giving the illusion of create money out of thin air.
But remember money do not fall from the sky. And according to our legal law if AAX/newco default on any debts transfer from capA then i'm afraid Stony and the whole BOD most likely will end up in jail for below offences:
The Companies Act 2016 (“CA 2016”) codifies a general duty on directors’ conduct of trading in a company close to the point of insolvency and any potential liabilities on that account. In broad terms, ‘insolvent trading’ may also be referred to as ‘wrongful trading’ and ‘fraudulent trading’.
Wrongful Trading
In the CA 2016, an offence of wrongful trading is captured in section 539(3) that:
“…an officer of the company who knowingly was a party to the contracting of a debt had, at the time the debt was contracted, no reasonable or probable ground of expectation, after taking into consideration the other liabilities, if any, of the company at the time, of the company being able to pay the debt, commits an offence…”
Fraudulent Trading
Whereas section 540(1) of the CA 2016 stipulates an offence of fraudulent trading as below:
“If it appears…that any business of the company has been carried on with intent to defraud the creditors of the company or creditors of any other person or for any fraudulent purpose, the Court may declare that any person who was knowingly a party to the carrying on of the business in that manner shall be personally responsible…”
If an offence under section 539(3) has been made out, offenders may be punishable with a maximum imprisonment of 5 years or a maximum fine of RM500,000, or both. Reading together with section 540 of the CA 2016, it is added that the offender may even bear personal liabilities for the payment of the whole or any part of the company’s debt without any limitation of liability upon a court’s declaration
4 hours ago
AAX will swap their shares in AAX with shares of the NewCo — Airasia Group Sdn Bhd — on a one-to-one basis.
The NewCo will then acquire Capital A's aviation business — AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) — for RM6.8 billion. It will be issuing new shares worth RM3 billion in the NewCo to acquire AAAGL, while it will acquire AAB for RM3.8 billion, to be satisfied by assuming RM3.8 billion of the RM3.83 billion worth of debt that Capital A owes AAB.
Currently AAX NOSH: 447 million.
It will be issuing new shares worth RM3 billion in the NewCo to acquire AAAGL. That will be how many billion of new shares? The current AAX shareholder will be diluted by how many time?
2 hours ago
SinGor
AnthonyAng666
Cuti-cuti Malaysia. https://theedgemalaysia.com/node/704126
__________________________
If you really looks at Tourists #---8mil from Singapore to Johor ( jalan Kaki )-----4/5mil from Thai to Pedang
Beasr ( naik Basikal / Moto)-------8/9mil from Indonesia ( naik perahu )----That is the real reason you Cannot
see "White People" at KLCC ( compare to Thailand )
1 month ago