Posted by Ong Eng Lee > 2018-12-07 17:31 | Report Abuse

One day Abunene, for ever abunene

Posted by vcheekeong > 2018-12-07 20:07 | Report Abuse

collect 0.24 today

Posted by Buy1sell2 > 2018-12-07 20:44 | Report Abuse

Weak uptrend. The inverted hammer is a signal that it is weak. Resistant at 25 sen and expect a retest at 21 sen currently support.

Posted by tshu99 > 2018-12-08 03:59 | Report Abuse

wait for right issue to take money from you

Posted by supersaiyan3 > 2018-12-10 09:37 | Report Abuse

TF and MK ran out of money? Wait Airasia special dividend then they got money to buy again.....lol

Posted by commonsense > 2018-12-11 21:34 | Report Abuse

Being a long haul budget airline, AAX is more sensitive to the movement of the oil price when compared to other airlines including its parent company AirAsia (which focus mainly on short distance travel). . This is why some people argues that oil price fluctuation are the flaw in the company's budget long haul model.

AAX cost per available seat kilometer excluding fuel (CASK) is actually one of the lowest in the industry at around 1.98 US cents. This is even lower then AirAsia's 2.2 cents and the full services carriers of about 5 to 6 cents. But given that it is a long haul budget service its revenue per ASK spread to CASK is very low compared to other airlines (basically this is the profit spread) . When jet fuel price increase, it could easily wipe out the profit and turn the operation into a loss which is what had happen this year.

Currently the jet fuel price is still trading at above USD80 per barrel (an average premium of USD20 vs Brent crude) which is above the level seen last year but a lot better than the 3Q18 average of USD90-100. Hopefully with the seasonally higher passengers carried and lower fuel cost, 4Q18 result might be able to return back to profit.

However for FY19 to be profitable it will all depend on the jet fuel cost. Anything above USD90 per barrel would mean a potential difficult year for AAX.

For those looking to diversify in companies outside of the airline industry, i would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.9x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions.

Good luck.

Posted by Ong Eng Lee > 2018-12-11 22:05 | Report Abuse

Kena 30million summon? Tomorrow back to 20sens? Knn indian company. Left this counter better

Posted by Davidyeap > 2018-12-11 23:01 | Report Abuse

Now too high , 0.13 OK

Posted by sokdotcom > 2018-12-12 04:57 | Report Abuse

The main problem is poor Malaysia. More than 10000 km from Malaysia everything is expensive. Think la how can AAX profit from this. Malaysian can only travel to cheaper places.

Posted by yongch > 2018-12-13 13:58 | Report Abuse

Finally back to right issued price!!!waiting for 0.10 can buy some to keep!!!tp0.10!

Posted by calvintaneng > 2018-12-15 18:30 | Report Abuse

High debt company like AAX might face cash call by Rights Issue again

JUST SELL BEFORE IT CRASHES BELOW 20 SEN LATER

Posted by Berdie > 2018-12-18 01:59 | Report Abuse

Hi calvin. Run here already ha? What happen to your watta so called genius prediction? Calling people sorchai like so genius. Here also ask people to sell? Wow

Posted by Rehan > 2018-12-18 21:06 | Report Abuse

Hi Calvin

I think the debt has been falling since they are paying back which means they are generating good cash. Now I think debt level is comfortable at around 400+ million. With low oil price , AAX should be able to pay this debt back in no time.

Posted by freddiehero > 2018-12-18 21:28 | Report Abuse

yeah break 0.20

Posted by freddiehero > 2018-12-18 21:28 | Report Abuse

then aa can c break 2.0

Posted by Buy1sell2 > 2018-12-18 23:21 | Report Abuse

Shit..someone call sell...so sell? Actually overall market down...all down. no need to see...all red.

Posted by Chaostrader > 2018-12-19 11:49 | Report Abuse

Don't waste ur time here....move over to AA...profitable company that pays dividends n not in fear of rights issue like here!!

Posted by pBlue > 2018-12-19 14:29 | Report Abuse

Why AAX not same as AA
Physics and geography.

Long haul (AAX) vs short haul (AA).
Cheaper to fly short haul. On long haul, you have to burn fuel to carry fuel. And fuel does not pay for its ticket.

Long haul take long time. Short haul short time. In time to fly one long haul, you can do several short haul. Make more money that way/

Tourist movement. Many exotic places to see in SEA, all it would take is a short plane hop. Since ticket so cheap, tourist can hop a lot. Long distance travel is 2 trips max. One to come here and one to go home. Ticket maybe cheap but tourist will only take so many round trip to destination and home.

Posted by GoldenShares > 2018-12-19 14:29 |

Post removed.Why?

Posted by Jaya > 2018-12-20 01:28 | Report Abuse

Look at their route to London
How long did it last
By the time you put the extras in, almost the same as scheduled airlines
I sooner travel in comfort on long haul
Norwegian Air v SingaporeAir which one would you fly London to Singapore

Posted by zKingDB > 2018-12-20 18:40 | Report Abuse

The High Court reinstated the decision of the Malaysia Competition Commission (MyCC), which imposed a fine of RM10 million each on Malaysia Airlines (MAS) and AirAsia Bhd for breach of market-sharing prohibition under the Competition Act 2010.

Posted by huatong > 2018-12-20 20:40 | Report Abuse

RM10m fine. My goodness.

Posted by MoreNMoreMoney > 2018-12-21 08:54 | Report Abuse

RM10m fine is AirAsia not AAX.

Posted by zKingDB > 2018-12-21 09:21 | Report Abuse

Indirectly related. Just 2 days ago....and thats where AA share and AAX share slump

Posted by newinvestor17 > 2018-12-21 09:23 | Report Abuse

Is a guy named radzi still on this forum ? or did he change his username ? he always used to be coming up with his TPs for AAX back in 2016 and 2017 saying that AAX is on an upward trend, fasten your seatbelts to take etc but until t0day AAX has been on a downward trend. Anyone knows where is Sifu radzi ? I miss reading his FAKE ANALYSIS LOL

Posted by MoreNMoreMoney > 2018-12-21 09:44 | Report Abuse

"Indirectly related"...ha ha ha..."good point"

Posted by huatong > 2018-12-21 12:23 | Report Abuse

Yes

Posted by Lanesra > 2018-12-21 12:25 | Report Abuse

oh yes new investor I remember him and his nonsense. Radzi hahahaha
I think aax price was 0.40 or something that time

Posted by hollandking > 2018-12-21 12:32 | Report Abuse

you mean the guy who always analyze this and that blah blah blah, then got the foreign currency savings ......

Posted by newinvestor17 > 2018-12-22 19:02 | Report Abuse

lol Lanesra and hollandking, yeah that guy. Surprised that the old timers here recall him.

these used to be his common statements/justifications/ excuses


1. When AAX price goes up, See guys, everyone believes in AAX thats why they are buying, place took off
2. When Tony, Kama buys, See guys, the management has confidence, thats why they are buying.

3. When AAX price drops, Something is brewing guys, the institutional players/sindikket is pushing prices down as they know that AAX is good and they want to collect it lower before pushing it higher
4. When an IB gives a lower TP for AAX than its currently traded price, Mr xxxxx, would say, Aiyoo, those people dont know how to value AAX. I have always never liked their valuation.


5. When crude oil price goes up, Mr xxxxx would say, dont be worried guys, AAX jet fuel is hedged
6. When crude oil decreases, Mr xxxxx would say that see guys, lower crude oil is better for AAX

7.When RM increases, see guys its good mah, AAX debt is in USD and RM has strengthen against USD so its good
8.When RM decreases, see guys, more people would fly with AAX especially foreigners ass the RM is cheap and its cheaper for them to come to Malaysia.

9.When AAX goes up by 0.005cents or 0.01cents, he would say, see guys AAX is flying, better tighten your seatbelts.
10. When AAX drops significantly from RM0.5Xsomething to RM0.36, Sifu would say, see guys i am averaging down, its a fundamentally strong counter, future is good, crude oil down, RM UP, Sindiket is pushing down because something is brewing etc

Posted by newinvestor17 > 2018-12-22 19:03 | Report Abuse

Jokes aside about Mr R. what is everyone's view of AAX ?

Posted by Cindycats > 2018-12-23 09:18 | Report Abuse

Mr.R already took out his money and off to Hawaii for decent life ...he may be buying again now.

AAX will be hovering around 20 sen to 23 sen.. Nothing much to see this holiday period..Wait till February if you want to make money.

Posted by Ammar Roshidy > 2018-12-24 09:52 | Report Abuse

@newinvestor 17, not bad, Look like you have analysed all the comments. But you left out no. 11 world markets and its influence on AAX, Anyway, all the comments sounded like me.

Posted by robert168 > 2018-12-24 12:55 | Report Abuse

collected... time to buy popcorn and watch movie

Posted by Sales > 2018-12-24 16:16 | Report Abuse

Don't get con by calvintaneng........

Posted by robert168 > 2018-12-25 11:14 | Report Abuse

invest by your own choice, no people pointed to your head.. think twice

Posted by Berdie > 2018-12-25 12:57 | Report Abuse

Merry xmas.. Have a blessed one!!

Posted by thurston > 2018-12-26 15:21 | Report Abuse

WTI crude oil price at USD 42 / barrel now.

Comparing to USD 75 / barrel in early Oct.

It is definitely a good buy for airline stock, especially AirAsia X at 0.23 now...

Posted by Tiong Kung King Zien > 2018-12-26 17:45 | Report Abuse

This company earn money but money dunno go where...

Posted by kenneth_lbw > 2018-12-26 21:36 | Report Abuse

buy and keep

Posted by ChoCho > 2018-12-26 22:48 | Report Abuse

Fasten seatbelt and get ready for the upside ride.

Posted by kenneth_lbw > 2018-12-27 08:09 | Report Abuse

up

Posted by thurston > 2018-12-27 10:19 | Report Abuse

Airasia up 10 cents...

AAX will be following, and going up very soon... especially with low oil price recently

Posted by carry > 2018-12-27 13:54 | Report Abuse

the mother company flies, when will the son follow the same?

Posted by robert168 > 2018-12-27 15:04 | Report Abuse

just buy popcorn and wait to watch movie

Posted by thurston > 2018-12-27 15:07 | Report Abuse

AAX moves up slowly, today may close at 0.24, everyday goes up 0.5 cent

Posted by syee01 > 2018-12-27 17:25 | Report Abuse

very hard fly 0.05..

Posted by syee01 > 2018-12-27 17:25 | Report Abuse

all finished eat

Posted by syee01 > 2018-12-27 17:25 | Report Abuse

tunggu mati

Posted by syee01 > 2018-12-27 17:26 | Report Abuse

theft steal money got their own ways