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 1 hour ago

Bornwinner

196 posts

Posted by Bornwinner > 2019-05-10 09:29 | Report Abuse

Hoping for AAX share price will rise

Godofgambler

5,307 posts

Posted by Godofgambler > 2019-05-10 13:05 | Report Abuse

But more aeroplanes coming in not zero

moneylai

217 posts

Posted by moneylai > 2019-05-10 14:48 | Report Abuse

Will record profit due to hedging of oil price at cheap.... next week result maybe... 30 sen coming....

mkmk

1,514 posts

Posted by mkmk > 2019-05-11 10:26 | Report Abuse

Johnfatt https://www.thestar.com.my/business/business-news/2019/05/09/emirates-group-profit-slumps-44pct-on-higher-oil-and-forex-moves/

Does it ring a bell to you?

Johnfatt, that’s result for 12 mths ended March 2019.... average jet fuel sure higher than a year ago la.... AAX had made losses too 2018..... expect Q1 2019 AAX will turn to profit and remain profitable for the remaining quarters...

signalmw

3,314 posts

Posted by signalmw > 2019-05-11 11:14 | Report Abuse

(华盛顿11日综合电)美国贸易代表莱特希泽周五晚间发表声明,美国政府将于周一公布对额外3000亿美元(约1.25兆令吉)中国商品加征关税的详情。这是美国公布对2000亿美元(8318亿令吉)中国商品增加关税不到24小时内,美国再次表示要加码。

Godofgambler

5,307 posts

Posted by Godofgambler > 2019-05-12 09:23 | Report Abuse

Expect AAX to reach high TP

Godofgambler

5,307 posts

Posted by Godofgambler > 2019-05-12 17:12 | Report Abuse

Goreng soon guys....

freddiehero

16,722 posts

Posted by freddiehero > 2019-05-12 17:31 | Report Abuse

lets break 0.20

mkmk

1,514 posts

Posted by mkmk > 2019-05-12 18:45 | Report Abuse

This week announce result maybe, break 30 sen...

Godofgambler

5,307 posts

Posted by Godofgambler > 2019-05-12 20:18 | Report Abuse

Mkmk.. Yes now the only direction is up!

Posted by InvestsucessTrader > 2019-05-13 06:35 | Report Abuse

Bleeding non stop, beware!!!

Posted by King KongKing > 2019-05-13 14:35 | Report Abuse

hi All expert, any update of this counter?

flexibt

471 posts

Posted by flexibt > 2019-05-13 14:56 | Report Abuse

16 May 2019 (thurs)-Announcement of the unaudited results for 1Q19

Posted by King KongKing > 2019-05-13 15:24 | Report Abuse

so @flexibt@ good news of bad news?
@freddiehero@ lets break 0.20
12/05/2019 5:31 PM

@mkmk@ This week announce result maybe, break 30 sen...
12/05/2019 6:45 PM

signalmw

3,314 posts

Posted by signalmw > 2019-05-13 15:29 | Report Abuse

All running ready

mkmk

1,514 posts

Posted by mkmk > 2019-05-13 16:20 | Report Abuse

Tony himself bought at 22 sen isnt it? So current price scare what? Profit is coming this year...

Godofgambler

5,307 posts

Posted by Godofgambler > 2019-05-13 18:44 | Report Abuse

Look very stable. Will fly soon.

Godofgambler

5,307 posts

Posted by Godofgambler > 2019-05-13 23:11 | Report Abuse

Going to rise very high soon.

Bornwinner

196 posts

Posted by Bornwinner > 2019-05-14 14:04 | Report Abuse

Will fly very high like an eagle

mkmk

1,514 posts

Posted by mkmk > 2019-05-15 09:30 | Report Abuse

Time is running out, faster buy liao....

Keyman188

5,968 posts

Posted by Keyman188 > 2019-05-15 09:32 | Report Abuse

Seem like <kelly1991> already trapped at all this structure warrant so keep on promoting here

aikoon

6 posts

Posted by aikoon > 2019-05-15 12:10 | Report Abuse

Good for trading only. Otherwise stay away. This stock is not for the long term.

Dawneagle

332 posts

Posted by Dawneagle > 2019-05-15 23:31 | Report Abuse

@mkmk TONY can hold for 20years, can you ? Think before you promote BUY!

Mabel

24,169 posts

Posted by Mabel > 2019-05-16 01:01 | Report Abuse

@ flexibt 16 May 2019 (thurs)-Announcement of the unaudited results for 1Q19

Let's listen how it goes...I'm counting an improvements from last Q Results..

God Speed everyone!

mkmk

1,514 posts

Posted by mkmk > 2019-05-16 08:38 | Report Abuse

Dawneagle, dont have extra cash dont invest la... y cant i hold for 20 years? What make u think i cant? Think before u question... i said they hedge many barrel at low price d... it should be a good year for aax in 2019...

mkmk

1,514 posts

Posted by mkmk > 2019-05-16 08:41 | Report Abuse

Everybody can make their own evaluation, i hope u r not that stupid just know how to follow...

Mabel

24,169 posts

Posted by Mabel > 2019-05-16 13:12 | Report Abuse

Any news of the QR Result?

Godofgambler

5,307 posts

Posted by Godofgambler > 2019-05-16 13:27 | Report Abuse

Keep for 6 months sure will up

flexibt

471 posts

Posted by flexibt > 2019-05-16 16:49 | Report Abuse

Posted by Mabel > May 16, 2019 1:12 PM | Report Abuse

Any news of the QR Result?



probably will be released at night

flexibt

471 posts

Posted by flexibt > 2019-05-16 18:12 | Report Abuse

AIRASIA X POSTED 1Q19 NET PROFIT AFTER TAX OF RM43.3 MILLION

flexibt

471 posts

Posted by flexibt > 2019-05-16 18:13 | Report Abuse

The Company recorded a net profit of RM43.3 million for the quarter, up by 4% year-on-year (“YoY”) from the previous year’s RM41.5 million

flexibt

471 posts

Posted by flexibt > 2019-05-16 18:14 | Report Abuse

For 1Q19, AAX posted an earnings before interest, taxes, depreciation, and amortisation (“EBITDA”) of RM264.5 million. Profit before tax for the period rose by 8%, standing at RM 59.5 million as compared to profit before tax of RM55.3 million in the same quarter last year.

Posted by Chun Loke Low > 2019-05-16 18:44 | Report Abuse

So what happens tmr?

fitman

198 posts

Posted by fitman > 2019-05-16 19:14 | Report Abuse

eps 1sen x 4 qtr x pe 10 = 40 sen TP

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2019-05-16 19:29 | Report Abuse

Everyone can fly definition again.

yongch

1,104 posts

Posted by yongch > 2019-05-16 19:32 | Report Abuse

我宁可信条狗也不再信这条黑皮!!!

Will8080

94 posts

Posted by Will8080 > 2019-05-16 20:50 | Report Abuse

Will Tmr limit up?

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2019-05-16 20:54 | Report Abuse

loss la, forex gains only hahahaha

Will8080

94 posts

Posted by Will8080 > 2019-05-16 21:09 | Report Abuse

Oh.. so better not touch this counter?

Willbegood

110 posts

Posted by Willbegood > 2019-05-16 21:20 | Report Abuse

Should rise up because TF achieved what he said since March.

Buy in now because investors will believe TF.

Sales

3,272 posts

Posted by Sales > 2019-05-16 21:48 | Report Abuse

Regret investing in AAX, sold and buy TDM instead. Just my two sen worth.

Godofgambler

5,307 posts

Posted by Godofgambler > 2019-05-16 22:09 | Report Abuse

Tomorrow will fly!!!!

hy0302

12 posts

Posted by hy0302 > 2019-05-16 22:38 | Report Abuse

Most of the profits are just forex gain. Nothing special or good news in this QR.

lizi

1,968 posts

Posted by lizi > 2019-05-16 22:42 | Report Abuse

make loss lah this quarter, thing get worsen....previous quarter at least make operating profit...

The net operating loss for the group in 1Q19 was RM29.5 million (1Q18 net operating profit: RM58.3 million),

Ericcc

5 posts

Posted by Ericcc > 2019-05-16 22:53 | Report Abuse

May I know... Y this quarter borrow increase 4.5 billion...?

Ericcc

5 posts

Posted by Ericcc > 2019-05-16 22:55 | Report Abuse

Interest expenses extra 80 million....

Mabel

24,169 posts

Posted by Mabel > 2019-05-16 23:48 | Report Abuse

Thanks flexibt

AIRASIA X POSTED 1Q19 NET PROFIT AFTER TAX OF RM43.3 MILLION

It's certainly a positive result. Last Q was a loss...

Well done AAX!

Posted by Chun Loke Low > 2019-05-17 01:24 | Report Abuse

Lease liabilities increased substantially as right of use assets increased at the same time. If you notice, the depreciation also increased significantly. So can we really say AAX is not doing well? Maybe.

But I would not say they're not doing well just because the net profit is mainly derived from foreign gains. You meant to say the foreign gains are just a coincidence? Hahahahaha

hancus

5 posts

Posted by hancus > 2019-05-17 03:35 | Report Abuse

https://klse.i3investor.com/blogs/aax/194707.jsp Read how AAX got forex gain..its not coincidence..

Mabel

24,169 posts

Posted by Mabel > 2019-05-17 05:29 | Report Abuse

Thank you hancus...

My take way from your report..

AAX is duplicating the success of her sister's Airasia by adding more and more aeroplane via opening of more profitable routes, push load factors, increase passengers carried year over year (from 3.6 mil in 2015 to 6.2 mil in 2018). It is adding another 5 more aeroplane in 2019 and to push the ASK and trying to gain market share by offering passenger lower fare which will push up the load factor eventually when route got mature. The core market now is Australia, Korea, Japan, China & Taiwan which are popular tourist destination. AAX want passengers, lot and lot of them. The gold mine in future.

Lease Income should grow further as AAX will start taking delivery of new Airbus 330 neo. AAX has order 100 units of these carriers AT BIG DISCOUNT and will take delivery gradually over the coming years. These are fuel efficient planes that save fuel by 25%. The receiving of new A330 neo should increase the lease incomes, and total Revenue/ASK.

Her sister, Airasia sold 78 planes for RM 4.2 billion after years of effort.

I personally see AAX is duplicating what Airasia is doing and eventually the fruit to be reaped will be substantial.

The model: Buy good aeroplane at great discount to grow the passenger carried--> once it grow to certain size, you can sell the aeroplane to lessor at good price and cash out. That's how airasia special dividend derived from.

THAT's the TRUE BIG FAT MEAT. You do see how this big fat meat push Airasia share price..

THINK OF THIS, Many investor buy the same dream during the IPO at RM1.20. Now I bought the same dream at RM 0.33... 4 times cheaper!!! If share price drop to RM 0.22 before this Qtr announcement , it means I bought the same dream at 6 times cheaper..

Airlines industry is a very competitive industry and its cynical. This we need to understand to be in this industry..

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