AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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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.

Call Warrants

In the money

Put Warrants

In the money

Company Warrants

In the money

Discussions
51 people like this. Showing 50 of 44,913 comments

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

nelsonlim

hit tp1 then alon musk come and kacau

1 month ago

stonedInvest

siapa alon musk

1 month ago

curiousq

this one is due for rebound ......
someone pls make a TA video and put on youtube !!!

1 month ago

curiousq

Fxxxk you lah ..... you pushes to 1.50 only come to talk !!!

1 month ago

loban

passenger increase hari raya

1 month ago

MarketNavigator

Good q4 result but couldn't break Rm2 ... Let's see got Raya wave or not. ha

1 month ago

angki

everybody can fly

1 month ago

AMIRUL

hari raya flight more

1 month ago

Apple4Oranges

Current PE ratio of AAX is extremely cheap, only 1.67 x

1 month ago

Sslee

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

Apple4Oranges

If excluded the reversal of provision additional loss of investment in IAAX, it did make positive operating cash flow

1 month ago

Sslee

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

Sslee

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

Income

Summoning the de mons?

4 weeks ago

hongwan6

season pass

3 weeks ago

Aldous47

Grab it now or wait below RM1?

3 weeks ago

AnthonyAng666

I don't think AAX will fall to rm1 and below again ..

3 weeks ago

Sslee

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

paktua73

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

newbie8080

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

newbietrader9

its the time of the season

2 weeks ago

durianbay

Capital A and AirAsia X say they need until April 30 to negotiate disposal of aviation business

2 weeks ago

Sslee

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

Junx Leow

Just a paper number, loan can be a asset !!!!

2 weeks ago

Sslee

Loan can be an assets??? How????

2 weeks ago

Junx Leow

When bank borrow all of its money to other people, bank zero asset ?

2 weeks ago

Sslee

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

Income

Collateral with your life.
You understand chess games?

2 weeks ago

diuleiloumei

Good business,but price stranded, very strange

1 week ago

AnthonyAng666

With this kind of market condition, can look it at Rm1 and below...

5 days ago

AnthonyAng666

shoot, it rebounds back. ha

2 days ago

kyzertai

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

Sslee

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

Realrich

Buy aax and capitala go go fly today sure LU

2 hours ago

Realrich

Go go today LU target price RM2

2 hours ago

xiaoeh

why LU ha Realsifu?

2 hours ago

Realrich

Become bigger airlines business is golden egg. Sure Limit up

2 hours ago

xiaoeh

Noted and Thanks Realsifu

2 hours ago

curiousq

Limit up ah? very good loh .... may you all wishes come true

2 hours ago

Sslee

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

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