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

1.77

Today's Change

+0.12 (7.27%)

Day's Change

1.65 - 1.79

Trading Volume

10,317,700


52 people like this.

45,126 comment(s). Last comment by Income 1 day ago

Posted by Kikilala3188 > 1 week ago | Report Abuse

Time to leap? Let’s brew

abidinaa

51 posts

Posted by abidinaa > 1 week ago | Report Abuse

Oledi tol u so. AAX will slowly and steadily but surely cross RM2. The question is , is it soon or sooner? Keching! Keching! My coffer is almost full this year. Not bad for sucker bilis. I am gonna be lifetime AAX high flyer. Thanks to SotSot Lancw and Pariah de Ibelis for pressing the price down last month.

abidinaa

51 posts

Posted by abidinaa > 1 week ago | Report Abuse

Can yoll do it one more time please. Thanks in advance. I hope you can still have a fun $ex. Try spare some time to prevent WWIII. It is good for all humanity.

Income

11,122 posts

Posted by Income > 1 week ago | Report Abuse

abidinaa
Can yoll do it one more time please. Thanks in advance. I hope you can still have a fun $ex. Try spare some time to prevent WWIII. It is good for all humanity.
21/09/2024 2:53 PM



Aduhai! What spare more time for more $ ex? Ham sap?

Income

11,122 posts

Posted by Income > 1 week ago | Report Abuse

EngineeringProfit
Rested too looooooong. Kaki susah numb- got power?
19/09/2024 3:16 PM



U,also buy AAX?
Maybe U like air stewardess?

Posted by EngineeringProfit > 1 week ago | Report Abuse

Back in position - AirAsia my favourite

abidinaa

51 posts

Posted by abidinaa > 6 days ago | Report Abuse

Pee Weet! " I'm Back In The Saddle Again". Yee Haaaa.

abidinaa

51 posts

Posted by abidinaa > 6 days ago | Report Abuse

RM 1.650 oledi. Up by 29% in less than a month

Sslee

6,227 posts

Posted by Sslee > 6 days ago | Report Abuse

Repost;
Where will all capA total negative equity go to if not AAX?

Chief executive officer Tan Sri Tony Fernandes said the pro forma effects of the proposed disposal based on the financial statement as of Dec 31, 2023, as included in the circular to shareholders dated Sept 20, 2024, shows that Capital A shareholders’ equity will turn to positive of RM649 million from a negative of RM8.8 billion.

Sslee

6,227 posts

Posted by Sslee > 6 days ago | Report Abuse

Will AAX after acquisition of AAAGL and AAB suffered the same fate again of debts restructure, capital reduction and 10 to 1 share consolidation?

abidinaa

51 posts

Posted by abidinaa > 5 days ago | Report Abuse

Repost:
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. MAS reduce flight until Dec 2024
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.

Lucky wa folo Warren Buffet. Pee Weet!

abidinaa

51 posts

Posted by abidinaa > 5 days ago | Report Abuse

Tomolo can add some more for pocket money

Posted by Kikilala3188 > 5 days ago | Report Abuse

Good rally coming up, with year end and 2025 festive booking: can rack in handsome profit and turn the table

Posted by Kikilala3188 > 5 days ago | Report Abuse

Maybank TP: 2.71

Seems like strong tailwinds ahead for AAX

Posted by TradingFUN > 5 days ago | Report Abuse

@SSLEE don't keep on reposting.

Use the formula below , study the restructuring exercise within AAX and Cap A.
You will find the question to your negative comments above.

The shareholder equity will strengthen for both AAX and CapA.
If you couldn't unferstand what I mean , you lack of financial and financial analyticak knowledge.

Is not an obligation of management and BOD to answer your question. They provided the info and you need to digest yourself and make your own investment decision.

Posted by TradingFUN > 5 days ago | Report Abuse

Shareholders' Equity = Total Assets – Total Liabilities

Posted by TradingFUN > 5 days ago | Report Abuse

From all the questions you posted and reposting , I can see that you lack of accounting and financial analytical knowledge.

Posted by TradingFUN > 5 days ago | Report Abuse

@abidinaa the strengthening of RM against US Dollar will strengthen both CapA and AAX shareholder equity through translation gain.

Both AAX and CapA Q3 and Q4 performance expected to be excellent.

Posted by TradingFUN > 5 days ago | Report Abuse

AAX and CapA significantly under value

CapA under value due to PN17 status. Once see light at the end of the tunnel , IB will revise and upgrade the TP.
AAX with all the aviation business under one roof will benefit from the positive sentiment in aviation businesses.
6 months from now , the value will be unlock. Stock price will up significantly bearing any unforsee circumstances.

Sslee

6,227 posts

Posted by Sslee > 5 days ago | Report Abuse

When capital recalibrate AAV from associate to subsidiary and bought over PAA the non current assets is boost up by goodwill on consolidation.

So when AAX bought over AAAGL and AAB with negative Shareholders' Equity = Total Assets – Total Liabilities of negative RM 8.8 billion

AAX non current assets can be boost up with more than 8.8 billion in goodwill and thus AAX equity will be positive.

The problem is after one year AAX need to impair how many hundrends million on goodwill and can AAX not default on payment obligation of multi billion current liabilities?


Note: capA last financial year impaired goodwill of RM 161 million.

Sslee

6,227 posts

Posted by Sslee > 5 days ago | Report Abuse

Only in Malaysia a PN17 company with
Shareholders' Equity = Total Assets – Total Liabilities of negative RM 8.8 billion and had to roll over its current lease liabilities, borrowing and working capital with innovative revenue bonds so that capA can live another year to fight another day is worth:

CapitalA
Market Cap: 3,962 Million
NOSH: 4,307 Million
Avg Volume (4 weeks): 11,921,715
4 Weeks Range: 0.72 - 0.93
52 Weeks Range: 0.64 - 1.02

Two leading private credit funds, Ares Management Corp and Indies Capital Partners, will provide $200 million of the funding, which will be strategically utilised to reactivate aircraft that were grounded during the pandemic. The remaining $243 million tranche, subscribed by sting aircraft lessors will be used to refinance existing lease liabilities, further strengthening its balance sheet.

Sslee

6,227 posts

Posted by Sslee > 5 days ago | Report Abuse

By the way AAX still need another 1 billion of PP cash call to further strengthening its balance sheet.

Sslee

6,227 posts

Posted by Sslee > 5 days ago | Report Abuse

As at 30/6/2024
CapitalA
RM'000
Non current assets 26,053,575
Current assets 2,319,481
Non current liabilities 23,819,165
Current liabilities 15,798,326
Net current liabilities (13,478,846)
Total equity (11,244,436)
NTA RM (2.12)

What will be the total equity if you take out the Intangible assets/goodwill and Deferred tax assets?

Note:
Current lease liabilities 5,510,697
Current trade and other payables 4,725,450
Non current assets
Intangible assets/goodwill 4,484,509
Deferred tax assets 1,387,458

Sslee

6,227 posts

Posted by Sslee > 5 days ago | Report Abuse

By the way
Total equity = Shareholders' Equity + Non-controlling interests = Total Assets – Total Liabilities

TradingFUN Shareholders' Equity = Total Assets – Total Liabilities
23/09/2024 11:08 PM

jjohnchew

2,874 posts

Posted by jjohnchew > 5 days ago | Report Abuse

Hoho by the way can sslee explain why QR ended June of Insas n Jaks is different on Non-controlling interest :

1.) Insas : Shareholders' Equity + Non-controlling interests

2.) Jaks : Shareholders' Equity - Non-controlling interests

—-

Posted by Sslee > 1 hour ago | Report Abuse

By the way
Total equity = Shareholders' Equity + Non-controlling interests = Total Assets – Total Liabilities

TradingFUN Shareholders' Equity = Total Assets – Total Liabilities
23/09/2024 11:08 PM

Sslee

6,227 posts

Posted by Sslee > 5 days ago | Report Abuse

What is Mike-tikus trying to say on total equity of Insas and jaks or capA??????

jjohnchew

2,874 posts

Posted by jjohnchew > 5 days ago | Report Abuse

Hoho KonLee suddenly pretending, twisting 😂

Sslee

6,227 posts

Posted by Sslee > 5 days ago | Report Abuse

Is Mike-tikus trying to prove he can't do addition and subtraction?

Is he so dumbass and cannot understsnd:
Total equity = Shareholders' Equity + Non-controlling interests = Total Assets – Total Liabilities

jjohnchew

2,874 posts

Posted by jjohnchew > 5 days ago | Report Abuse

Hoho KonLee still pretending n twisting le :

Ppl said :
TradingFUN Shareholders' Equity = Total Assets – Total Liabilities

Then KonLee half past 6 said :
Total equity = Shareholders' Equity + Non-controlling interests = Total Assets – Total Liabilities





Posted by Sslee > 1 hour ago | Report Abuse

By the way
Total equity = Shareholders' Equity + Non-controlling interests = Total Assets – Total Liabilities

TradingFUN Shareholders' Equity = Total Assets – Total Liabilities
23/09/2024 11:08 PM

Sslee

6,227 posts

Posted by Sslee > 5 days ago | Report Abuse

Sslee Jaks as at 30/6/2024
RM'000
Total Assets 2,389,002
Total liabilities 931,250

Shareholders' equity1,528,748
Non-controlling interests (70,996)
TOTAL EQUITY 1,457,752

jjohnchew

2,874 posts

Posted by jjohnchew > 5 days ago | Report Abuse

Hoho KonLee still pretending n twisting le …

Why Insas is + Non-controlling interests n Jaks is - Non-controlling interests ?

paulthesotong

2,769 posts

Posted by paulthesotong > 5 days ago | Report Abuse

Have u read the circular?{CapA}...quite long 591 pages. U might learn something.

paulthesotong

2,769 posts

Posted by paulthesotong > 5 days ago | Report Abuse

Await 4 EGM... Into Blue Sky.

Sslee

6,227 posts

Posted by Sslee > 5 days ago | Report Abuse

Jaks shareholders' equity is positive but non-contolling interest is negative
CapA both shareholders' equity and non-contolling interest is negative
Insas both shareholders' equity and non-contolling interest is positive.

Now go and do your addition and subtraction
Total equity = Shareholders' Equity + Non-controlling interests = Total Assets – Total Liabilities

jjohnchew

2,874 posts

Posted by jjohnchew > 5 days ago | Report Abuse

Hoho konLee half past 6 still pretending n twisting ... why there is + and - on non-contolling interest ???

jjohnchew

2,874 posts

Posted by jjohnchew > 5 days ago | Report Abuse

and do compared with AAX ...

abidinaa

51 posts

Posted by abidinaa > 5 days ago | Report Abuse

Thank you Short Peni$ uncles for pressing the price today. Thank you. Thank you. How do guys sleep at night without the pleasure of having good long $ex?

Income

11,122 posts

Posted by Income > 4 days ago | Report Abuse

Stock: [AAX]: AIRASIA X BERHAD
Last Price Today's Change
1.60 -0.08 (4.76%)



Aduhhai

Posted by Balian de Ibelin > 4 days ago | Report Abuse

imminent PN17 and bankruptcy then delisting of AAX causing share price to drop 😁

ken2004

1,602 posts

Posted by ken2004 > 4 days ago | Report Abuse

seriously if i look good at this proposal, i will throw capitala and buy AAX instead as the brand is on the airlines.......

abidinaa

51 posts

Posted by abidinaa > 3 days ago | Report Abuse

Ken2004, fool and his hard earned cash will soon parted. RIP Amigo.

curiousq

1,013 posts

Posted by curiousq > 3 days ago | Report Abuse

after risen too high, technical correction .... quite normal

bu4567

35 posts

Posted by bu4567 > 3 days ago | Report Abuse

Can't see where the benefit for AAX to join with Cap A with such big debt.

Sslee

6,227 posts

Posted by Sslee > 3 days ago | Report Abuse

Stony must be a very sweet talker and can get a sucker billis to pay RM 6.68 billion for AAAGL and AAB and overall pro forma of RM18 billion when the transfer of accumulated losses in the aviation business to AAX

Are BOD of AAX under duress and coercion to pay so much for parts of CapA when Mr.Maket only value the whole of capitalA at RM 3,919 million?

CAPITAL A BERHAD MAIN : Consumer
Last Price Today's Change Day's Range Trading Volume
0.91 +0.025 (2.82%) 0.89 - 0.92 15,726,500
Market Cap: 3,919 Million
NOSH: 4,307 Million

The proposed RM6.68 billion disposal of AirAsia Bhd and AirAsia Aviation Group Ltd to AAX will lead to a pro forma gain of over RM18 billion when the transfer of accumulated losses in the aviation business is included, according to Capital A.

paulthesotong

2,769 posts

Posted by paulthesotong > 3 days ago | Report Abuse

Brent below 72, weak Usd, higher Asean Currencies,Season travels, increase capacities, packed airports, no shortage of pilots and crews.

Posted by EngineeringProfit > 2 days ago | Report Abuse

Huat ar.....lai....lai....lai....

Fasten safety belt

Chellons

102 posts

Posted by Chellons > 2 days ago | Report Abuse

Thank you Aax, its been awhile

Posted by EngineeringProfit > 2 days ago | Report Abuse

Yup.....just got onboard this week....hehe

Post a Comment
Market Buzz