AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

2.13

Today's Change

+0.13 (6.50%)

Day's Change

1.99 - 2.14

Trading Volume

11,561,700


53 people like this.

45,266 comment(s). Last comment by paulthesotong 6 hours ago

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-11-29 15:55 | Report Abuse

Slipping slipping slipping.......

NippLeZz

32 posts

Posted by NippLeZz > 2018-11-29 18:36 | Report Abuse

Q3 lost money.. maybe one of d reason.

Sinoboy

2,131 posts

Posted by Sinoboy > 2018-11-29 22:46 | Report Abuse

Parent company doing well, not affected by oil price. Dividend declared but sonny boy aax continues to suffer. Seems illogical, looking more like a scam :(((

sokdotcom

85 posts

Posted by sokdotcom > 2018-11-30 06:26 | Report Abuse

It is a scam. Stocks I always a scam. How can trust a company run by Indian guy lol

i3lurker

14,399 posts

Posted by i3lurker > 2018-11-30 06:28 | Report Abuse

back to 16 sen which is the fair value

klse12345

36 posts

Posted by klse12345 > 2018-11-30 07:37 | Report Abuse

Be named low cost air frieght company by using investors' money to subsidise low price ticket. Can't see that coming?

prince4

1,459 posts

Posted by prince4 > 2018-11-30 11:50 | Report Abuse

After election change new government . many contracts related from BN government will cancel ,All change already market uncertain,funds managers and foreign funds selling related GLC company and BN cronies company money would not flow in big cap and mid cap stock now because in future their earning will big drop and no prospects,because everybody scare buy high losses money ,expect fund manager money would flow out in big and mid cap stock cannot hold and buy.
All low prices stocks.This is a opportunity ,markets money now flows in cheaper stocks. sharks now start goreng lows price stock at bottom..

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-11-30 16:21 | Report Abuse

AAX lose money but Airasia makes tons of money? Possible?

signalmw

3,314 posts

Posted by signalmw > 2018-11-30 16:41 | Report Abuse

see all people wNt cash on hand

Doer

423 posts

Posted by Doer > 2018-11-30 16:56 | Report Abuse

i curious Airasia can make money but AAX keeps losing money...

freetospeak

5,867 posts

Posted by freetospeak > 2018-11-30 17:01 | Report Abuse

aax is long haul burns fuel much more...so easier to make loss...long haul budget is not proven profitable world wide..no airlines can make money on long haul budget..airasia is still fine tuning itself to make a perfect model..it takes a longer time...if fuel is cheaper aax can make decent profit still...

Hahagang

40 posts

Posted by Hahagang > 2018-11-30 17:27 | Report Abuse

AAX has a lot down side cause, it is not 100% own a lot of thing from management perspective can not fully implement. Venture to Asean market have to comply their local regulation which is challenging given that respective county want to protect their own airlines.

As long as it does not have 100% ownership efficiently is hard to achieved which is the core of budget airlines

Hahagang

40 posts

Posted by Hahagang > 2018-11-30 17:40 | Report Abuse

When AAX started, I think the idea is to make it dominance in Asia region, so go setup hub on India, PHP, THA, JPN etc..... but then it hit a lot of challenges as no all Asia country share the TF inspiration.

Now TF direction is shifted to similar model like grab or airbnb, asset light but still sell airplane space for travel. That is why it sold of planes.

Casa

7 posts

Posted by Casa > 2018-12-01 00:32 | Report Abuse

lose 60% ...wt...f.....

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-01 11:31 | Report Abuse

Next week drop below 0.20?

carry

141 posts

Posted by carry > 2018-12-02 08:56 | Report Abuse

Going to drop again

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-02 14:55 | Report Abuse

Sweat sweat sweat

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-03 09:33 | Report Abuse

0.210 now. No volume.

tehopeng

41 posts

Posted by tehopeng > 2018-12-03 14:42 | Report Abuse

Rebound!!!

Posted by Ong Eng Lee > 2018-12-03 16:34 | Report Abuse

Abunene counter going to bankrupt la, knn ccb

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-03 17:11 | Report Abuse

Hoho....closed at 0.230. Hope tomorrow continue up trend

Posted by topotato > 2018-12-03 18:58 | Report Abuse

What happened? I dont see any news about this

samk

170 posts

Posted by samk > 2018-12-03 19:15 | Report Abuse

Tan Sri Datin Paduka Sri Rafidah is the chairman of AAX ..she is the one who help the government and one of the favorite members who recently join BERSATU... government will cooperate with airlines to bring in more tourist to boost the economy... very bright future for AAX

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-04 10:14 | Report Abuse

Pray hard hard.....up up up

Bornwinner

196 posts

Posted by Bornwinner > 2018-12-04 11:29 | Report Abuse

Look positive

kuan1209

85 posts

Posted by kuan1209 > 2018-12-04 18:51 | Report Abuse

04-Dec-2018 Insider DATUK KAMARUDIN BIN MERANUN (a substantial shareholder) acquired 13,177,700 shares on 03-Dec-2018.
04-Dec-2018 Insider DATUK KAMARUDIN BIN MERANUN (a substantial shareholder) acquired 12,000,000 shares on 30-Nov-2018.
04-Dec-2018 Insider TAN SRI ANTHONY FRANCIS FERNANDES (a substantial shareholder) acquired 11,783,500 shares on 03-Dec-2018.
04-Dec-2018 Insider DATUK KAMARUDIN BIN MERANUN (a company director) acquired 13,177,700 shares at 0.223 on 03-Dec-2018.
04-Dec-2018 Insider DATUK KAMARUDIN BIN MERANUN (a company director) acquired 12,000,000 shares at 0.211 on 30-Nov-2018.
04-Dec-2018 Insider TAN SRI ANTHONY FRANCIS FERNANDES (a company director) acquired 11,783,500 shares at 0.220 on 03-Dec-2018.

Posted by Ong Eng Lee > 2018-12-04 19:43 | Report Abuse

Who have so many shares to them?

supersaiyan3

3,134 posts

Posted by supersaiyan3 > 2018-12-04 21:24 | Report Abuse

Hi, everybody! Greetings!!!!

Looks like something interesting has happened here.

Before i start, early last year i made a lot of money from Airasia. Then i switch to AAX. I was naive to believe KM's talk of privatisation, then i lose a lot of money.

So this time i will be a bit conservative dealing with AAX.

Ok. First, TF and KM steps down a few days ago. Both became non-executive directors, and handed the helm to Thailand's AAX CEO.

Announcement shows Thailand AAX is making profit for the last three years and that's why they chose this Nadda Buranasiri. (Strange enough another music guy)

Last few days TF and KM buying aggressively, signaling support and turnaround potential. (It doesn't mean they are right though)

Moreover, USD/MYR is weakening, will benefit AAX.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5955533

One more thing, they are dividing the planes among different subsidiaries, which signals they might be thinking of a similar deal like AAC.

Ron90

4,121 posts

Posted by Ron90 > 2018-12-04 21:24 | Report Abuse

means, price only up becos owner bought back its share, not due to fm or other investors confidence

supersaiyan3

3,134 posts

Posted by supersaiyan3 > 2018-12-04 21:29 | Report Abuse

It's really annoying to see this AAX don't know how to make money. Previously TF commented MAS doesn't know who they are. AAX also don't know who they are.

With such a low cost, just a little bit of fine-tuning should make tons of profit, don't know why they always fail to do so.

About 6 years ago, TF came to my place to promote AAX IPO. I still remember he said: "the growth trajectory of AAX will be very very similar to Airasia. " Well, that was totally wrong.

They have changed their CEO, now chairman. Let's hope this time it will work.

Last year AAX got some free routes from Airasia, don't know if it work out but share price keep on falling.

freetospeak

5,867 posts

Posted by freetospeak > 2018-12-05 08:12 | Report Abuse

long haul budget is very challenging so far no long haul budget airline is successfull in the world ...so be patient...if oil is down ...aax will profit...in future when ancillary income increase substantially to cover revenue..aax will be less dependant on low oil price...til then up n down is normal...

Posted by kenneth_lbw > 2018-12-05 09:17 | Report Abuse

today good show

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-05 09:18 | Report Abuse

Up up up.....now 0.245

md1961

366 posts

Posted by md1961 > 2018-12-05 09:22 | Report Abuse

Why this AAX growth trajectory is not hte same as AirAsia?

willc48

722 posts

Posted by willc48 > 2018-12-05 09:44 | Report Abuse

Something is blewing in AAX when Tony & Merican acquiring big chunk of AAX shares. Speculation AAX obtained rights to profitable routes.

Posted by Vincent Tan > 2018-12-05 10:04 | Report Abuse

The strong dollar is coming to end with the now weak oil put Fed in position to slow or halt further interest hike

Posted by Vincent Tan > 2018-12-05 10:04 | Report Abuse

we may see weaker dollar and low oil in 2019

Posted by Ong Eng Lee > 2018-12-05 15:00 | Report Abuse

Abunene style, useless counter. Exactly same as India military.... good in bibibi, but when ask to performance totally disappointed

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-05 15:28 | Report Abuse

Back to 0.240......haizzz

Bornwinner

196 posts

Posted by Bornwinner > 2018-12-05 15:41 | Report Abuse

Fly like a colorful & beautiful pair of Butterflies between AAX and AirAsia

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-06 15:17 | Report Abuse

Slipping again.....

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-07 09:31 | Report Abuse

Seems like TF & Kamarudin been on a buying up quite a bit of AAX shares. Something brewing?

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-07 09:32 | Report Abuse

Let us wait for exciting news. Up up up up

tshu99

219 posts

Posted by tshu99 > 2018-12-07 10:45 | Report Abuse

maybe right issues again

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-07 11:13 | Report Abuse

Good sign. Going up. Now 0.250

ilovekari

69 posts

Posted by ilovekari > 2018-12-07 11:28 | Report Abuse

Tony bought a lot... keep or sell?

willc48

722 posts

Posted by willc48 > 2018-12-07 11:39 | Report Abuse

Watch out this share with keep buying by Tony & Merican. I will favour AAX than AirAsia for profit gain from shares.

naaim207

366 posts

Posted by naaim207 > 2018-12-07 16:21 | Report Abuse

Back to 0.240. hopeless

Flyinghorse

3,702 posts

Posted by Flyinghorse > 2018-12-07 16:39 | Report Abuse

Drop back to 0.240. Haizzzz

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