ragk88 - done the same

Now waiting for another low point before taking in position..but am away for few days, thus opportunity will always present itself

WHy is it flying high today??

Walked out of YTLP for a tidy sum within 5 days, collected div as well!

Believe that there will be volatility in price for some time, so took advantage of it.

Still believe that YTLP can go to RM7 in less than a year but wanna trade profits wherever can!

Anyone has a view?

MCA related stocks with no oomph!

Quite a strange way for voting the resolutions....

White color paper for co's n blue color paper for the 5 new directors!

Why is TY so afraid of?

And the names of shareholders are printed on these papers! Where is confidentiality of votes and protection to the voters?

AGM had none shareholders attending it, case in point TY's bodyguaards....NO SHAREOLDER TAG!

How long do they think the ELITIST ROYALIST think they can go on like this?

Whats the door gift at AX today? What did uncle tony pass on?

looks like a serious negotiation is taking place to avoid calamity at AGM!

WHy is Tunku Ya (ling) kupso intent on holding to KNM! Worried that th enew team will do due diligence on what went wrong during his term? And Ravi - CEO changing sides?

Dont heap praises on TY...HE is using RAvi to do loads of matters...Soon, the new team will have forensic audit done and as usual the ELITIST in the country will escape and put the blame on Ravi- the UK PR holder or citizen by now?

I will surely vote the new team!

Large blocks of share are being traded regularly, ie 50K to 400K shares!

Where r the CYTRO's of TY n CEO Ravi? Gone missing here!

Already making money from purchase of 3 weeks ago!

Almost 5% of shares changed hands to day!

Mati lor TY!

doubleup

What a pity that youseem to see value in Tunku Ya (ling) kup....HE has never had any successs story!

His CEo, a fool by name of Ravi has a contract fo RM2.1mill pa , doing nothing! He is paid more than many FBMI30 profit making co! That too, since KNM doesnt have money, they have taken loan from - gues who - yes MAA grp to pay for his salary!

Whta has that fellow achieved, a failure at MMM, another Tunk Ya (ling) up co and many previous TY Co's that he had worked for!

Cant find a Malaysian to work here that you need a UK PR or CITIZEN (forer Msian citizen) to be able to find his only job here?

ocbc
Data Centres are a curse on the economy of the country.
These DC uses enormous electricity ( which we will subsidise to them via TNB), water ( already a scarce commodity w supply disruption issues) and land (prime lands cleared for these businesses) and very little high end jobs for Malaysians as we are not upskilled and these DC giant have their own people and highly sophisticate d machines which requires less people!

These FDI's are environmental and economic tragedy waiting to happen to Msian economy one day sooner

Cant think of any real reason, except good results and / or online betting approved, which will shave off cost n close off agencies!

However, YLI's rise is purely Economic sense as stated by earlier commntators...NTA is far below its Share price!

The EV is very small, so anyone clever n w deep pocket should accumulate and then use the co for RTO or injection of business

OCBC - Data centre in Msia is an oversold story and only benfits contractors, E n E fellows, very few skiled Msian needed!

But it will force TNB etc to iinvest heavily to supply cheap electricity - is that what we need?

Read STAR Latest Saturday article - centre page spread on these DC.

Prime for RTO or INJECTION OF NEW BUSINESSES

What's worth might not necessarily be what's itds priced for!

Undervalued counter. NTA higher than price and they have a cash pile sitting for distribution

Its all based on copper price!

The stock could be ready for PIRATISATION

QUOTE
“Regardless of the timing of this case, we will continue to operate and provide the information to financial institutions and clients,” group chief executive officer Erick Hamburger told a media briefing.

Chin said CDS' management had a meeting earlier on Tuesday with its regulator — the Registrar Office of Credit Reporting Agencies under the Ministry of Finance — to provide an update on the legal case, and highlight its role in providing credit scores as well as credit services.

"At no point in time [during the meeting] was there any indication that we are not allowed to provide [the services],” he said.

Hamburger said credit reporting is a highly regulated industry, and CTOS is audited by the regulators annually.

“Our renewal happens every year upon the regulator reviewing all of our products, all of our procedures, and they are approved by the Registrar Office before they are launched to the market."

IS THIS FOREIGNER CASTING ASPERTIONS AND COMMENTS ON A COURT JUDGEMENT JUST TO SHOW HIS SUPERIRITY or sheer arrogance?

Black Rock & Dimensional Fund are nominee funds of who else!
Accumulating to escape detection n protect themselves!

IS the extension of 2 yr contract on PLKS priced in?

Corporate news?

why is the price up today?

Thursday (July 27), Maybank IB Research aviation analyst Samuel Yin Shao Yang - Samuel analysed it well, all logical business sense! He will be proven right an dAAX will exit PN17 on its own terms ...no need for BURSA terms. It will be done w organic results

Tidy profit at opening of bell...RM2.33 w cost below RM2!

QR out this week, the earliest...

ANother good quarter and decent EPS cash basis!

Dont let the PN17 status affect or cloud yr investment in AAX, as the GOMEN currently cant afford to have AAX de listed or struck off as job losses will mount and that smart crac fit FAT,SHORT, BALDY fellow will keep his AAX all to himself n cronies

KON MEN company....used by momentum predicters and operators...keep away!

Bumper dividend? Collected below 40 sen redy....wait for 60 sen, soon as bumper div n Corp news announcement coming by

TY fellow is hopeless! Reliving on past glory of his ancestors...who were had so much of integrity in them than this fellow!

Check out what happened to the Indian guy who bought the rotten MMM form his at inflated price , when the same CEO of KNM was running it to the ground!

That Indina guy's name was Ramesh R

Some who sold their shares before regn date were allowed to vote fully on their shares! Was that investigated?

ANy status of the disputed outcome of the biasedly conducted EGM?

Having the last laugh!

MAny of those lickers of CEO n TY have disappeared...they were just interested in ensuring getting paid for CYTRO work as well as salries at KNM for underperformance!

Creditor restructuring which was championed to go on went postponed - as ecpected!

The CEO n TY fellows are seasoned hand - now they have their salaries, cushy payments, allowances, bonuses, entertainment fee, fully maintained car which will be in existence until next EGM , when police report of their wrong doing could come by in the event of next EGM going thru!

MAYBANK Securities has resumed coverage on Malaysia-listed AirAsia X (AAX) with a “buy” call and a price target of RM3.58, as it expects the low-cost airline to be even more profitable than it was pre-Covid.

In a report on Wednesday (Jul 26), analyst Yin Shao Yang forecast AAX to deliver record core net profits of RM160 million (S$46.8 million) for FY2023 and RM256.5 million for FY2024.

Here you go, a sensible reporting vs the extraordinary negative hype!

Given such profit levels, BURSA has no reason to continue classifying it as PN17

TF wants BURSA to delist his 2 counters which will give him a free hand to reorganise and do anything funny as he pleases just like the royalty Tunku Jaacub does w KNM

Just cos BURSA rejected the medium-haul low-cost carrier’s application for a relief from having to submit and implement a regularisation plan", doesnt mean that its the end for AAX.

It will just be delisted which makes the job for TF easier. As uan unlisted entity w thousnds of shareholders, he has greater flexibity to manouver his own way...Dont think that thos einsurance, pension n PNB AMANAH SAHAM funds would be happy with the position which in turn could force both parties to think again n keep listed!

MADANON govt wont n dont need such an issue esp going end of the year TELOQ,AYAK,GULA,MINYAK MACAM, MINYAK KERETA ETC will all be floated!

Unless, there is another explanation...LIFE just has been too cruising for Malaysians and dont think anyone would be bothered to rattle the ship w so many holes!

i3lurker

Likely AAX failed the Solvency Test so refused to apply for Plan.

Apply for Plan means signing a Solvency Test which is a jail term item for Directors.
Let AAX go bankrupt no jail term.

______________________________________________

Ferndes believes that his Co is making profits and he is too cocky not wanting to commit such..Ya, jail term comes to him whichever way, he will find himself in it sooner than thougt!

Conman MCA co...no substance and hitting highs everyday!

Bursa Securities rejected the medium-haul low-cost carrier’s application for a relief from having to submit and implement a regularisation plan for its Practice Note 17 (PN17) status, as well as the upliftment from the status under the Main Market Listing Requirements"

Only Ferndes would ever try to be smart vs authorities as he has many friends in cabinet n higher power!

WHy would he be given relief when the favored SERBADIK BUMI Co ( which has no basis to ask) was denied!

Dont be too smart SIR TAN SRI RT HON TF!

The practice of BURSA issuing letter dated 18th Oct and for AAX Co Sec/BOD to release the letter at mid market day is wrong!
It doesnt give market players enough time to digets the info before trading commenced. This is BOTH BURSA n AAX's mistake and they both should be hauled up!

Why cant BURSA announce by itself as after all, it is a matter of public interest for timely dissemination. Looks like many had access to inside info the main reason the slide in shares of AAX happened yesterday noon itself!

Is SC gonna investigate this anamoly?

BURSA cant decide the business direction of any company, that includes AAX, which is holding the balls of the govt threatening to retrench them....so, BURSA will be politically forced to agree to an acceptable plan. It is so strange that BURSA decides unfv on AX ( of course we dont have details) but it allows fellow slike Tunku Yakub to run wild as he pleases!

Fundamentals are good, with good bookings coming by for Dec/Jan hols...its already a 40 sen EPS each last 3 quarters, so its nearly RM1.50 EPS for this FY. SO, the current price of 2.10 is a bargain

Current prices are a good buy...BURSA is not in busines, its only regulator!

When the staffs are out of job MADANI will be MADANON, and BURSA will have to look at plans that could be acceptable....Bargain prices really

I know of people who sold on 10th but was able to vote on 16th based on their original balance held!

Is this right? EGM was unfairly conducted

Wah ...i3 has mechanism put in place to deter improper words like " S T U P I D"!