Posted by freddiehero > 2019-08-23 05:37 | Report Abuse

dept too high.. very high

Posted by freddiehero > 2019-08-23 05:38 | Report Abuse

dono y tis account open for

Posted by freddiehero > 2019-08-23 05:38 | Report Abuse

haha

Posted by humbleisland > 2019-08-23 06:46 | Report Abuse

"Non-current assets held for sale" dropped from 999,012,000 (from last quarter) to 384,368,000 (this quarter). Any idea why that's the case?

Posted by Jeffreyteck > 2019-08-23 08:19 | Report Abuse

Believe asking for $$$ soon.

Posted by ChoCho > 2019-08-23 08:31 | Report Abuse

No one is blaming accounting for the losses. It’s interpreting the numbers which is related to the one off disposal of aircraft. Aax is not in the business of disposal air craft. At such it would cause significant drop in Non current asset, increase in depreciation and lease obligation for this quarter only.
The financial statements is structured to provide detailed information to readers. Detailed information includes operating, financing and investing activities of a company.

Posted by humbleisland > 2019-08-23 09:02 | Report Abuse

AAX states that "In 2Q19, on a normalised basis, excluding the impact of an one-off adjustment for the disposal of the three aircraft via sale and leaseback in April 2019 ...". May I know where can I get more info on the disposal of the aircraft? Don't believe they've made any major announcement on that...

Is that why the "non-current assets held for sale" has dropped? if that's the case, wouldn't the sale result in again which should be booked? Perhaps to be booked in parts over the course of the lease?

Posted by Flyinghorse > 2019-08-23 09:15 | Report Abuse

Drops to 0.185 leo

Posted by EatCoconutCanWin > 2019-08-23 09:22 | Report Abuse

merge aax and mas

Posted by Hafid > 2019-08-23 09:22 | Report Abuse

25/08/2015 - 0.155

Posted by CITADEL > 2019-08-23 09:26 | Report Abuse

only drop 5%, come on lar drop to 0.15!

Posted by Youghin > 2019-08-23 09:30 | Report Abuse

I think that good news will come out soon, spreading QR bad new just a distraction for them to collect more

Posted by Flyinghorse > 2019-08-23 09:32 | Report Abuse

Maybank revised TP 0.11 from 0.14.

Posted by Flyinghorse > 2019-08-23 09:33 | Report Abuse

Wait at 0.11 to average down? Lol

Posted by KAQ4468 > 2019-08-23 09:41 | Report Abuse

aiiyaaaa Maybank kasi 11 cents ka ??


dia ingat ini Asiabio ka ?? kikikikikik

Posted by CITADEL > 2019-08-23 09:50 | Report Abuse

next qr give 0.10 dividend!!

Posted by Ron90 > 2019-08-23 10:13 | Report Abuse

more buyer q to support at 0.185 cents ..no dumping so far

Posted by Youghin > 2019-08-23 10:25 | Report Abuse

don’t do panic selling, price will go back to normal soon. The QR report is actually not telling bad news

Posted by 10215673035009552 > 2019-08-23 10:42 | Report Abuse

this counter always disappointing

Posted by beend > 2019-08-23 10:44 | Report Abuse

Can somebody explain/teach me that why the accumulate depreciation of 2018 (end of june) is 54m but 2019 is 446m, why the different is so huge? the aircraft is older for 1 year and depreciation can be so much different? thanks.

Posted by legolandinjohor > 2019-08-23 11:06 | Report Abuse

Maybe afternoon session will drop more

Posted by Dawneagle > 2019-08-23 11:07 | Report Abuse

This counter is being controlled by operators. Otherwise with such bad QR, price would have spiked down. Let's see how long they can manipulate.

Posted by InvestWin > 2019-08-23 11:08 | Report Abuse

I have queries but i usually cannot find time to attend the AGM and some more the venue is around KLIa area, so far away : 1) Why is it that after disposal of aircraft, AirAsia made so much money; but AAX suffered great loss ? 2) Is there some accounting gimmick where AAX is made to bear the bad disposals & AirAsia bear the good ones ? 3) With AirAsia making profit every year & gave good dividends; and AAX losing big money most years, no dividends since listing, Is AAX made the whipping boy every year by the parents ( like the step father who dislike the step son AAX born by the previous father) ? 4) Meaning, all bad loss in the AirAsia Group is transferred to AAX and made AirAsia looks good & gave handsome dividend but AAX to bleed to death ?

Posted by legolandinjohor > 2019-08-23 12:12 | Report Abuse

Agreed with what Investwin said

Posted by Flyinghorse > 2019-08-23 12:17 | Report Abuse

Guess AAX takes the fall for the good of AA?

Posted by Bornwinner > 2019-08-23 12:39 | Report Abuse

This hopeless counter is gone with the wind!

Posted by Koyee > 2019-08-23 13:28 | Report Abuse

Many ppl here dunno what is cashflow lol..

Posted by offshore > 2019-08-23 13:32 | Report Abuse

Destinations more than 4 hours will be under AAX instead of AA. I have booked some flights of more than 4 hours before and noted that AAX price isn't really a lot more cheaper compared to other full service carrier. If' it's only 10% cheaper, I will rather go for full service carrier. So this long haul flight is not easy to compete. In addition, there are many national carriers that are subsidized and can afford to provide competitive air ticket price.

Posted by Flyinghorse > 2019-08-23 14:54 | Report Abuse

Drops to 0.180 leo......

Posted by shortinvestor77 > 2019-08-23 15:42 | Report Abuse

You got a point.

InvestWin I have queries but i usually cannot find time to attend the AGM and some more the venue is around KLIa area, so far away : 1) Why is it that after disposal of aircraft, AirAsia made so much money; but AAX suffered great loss ? 2) Is there some accounting gimmick where AAX is made to bear the bad disposals & AirAsia bear the good ones ? 3) With AirAsia making profit every year & gave good dividends; and AAX losing big money most years, no dividends since listing, Is AAX made the whipping boy every year by the parents ( like the step father who dislike the step son AAX born by the previous father) ? 4) Meaning, all bad loss in the AirAsia Group is transferred to AAX and made AirAsia looks good & gave handsome dividend but AAX to bleed to death ?
23/08/2019 11:08 AM

Posted by sense maker > 2019-08-23 15:44 | Report Abuse

Tony said some time back that this year would be the best year yet for AAX.

Posted by syee01 > 2019-08-23 15:52 | Report Abuse

wait die

Posted by syee01 > 2019-08-23 15:54 | Report Abuse

finish people money..big theft..so hai ...

Posted by syee01 > 2019-08-23 15:55 | Report Abuse

better close down business..bodoh..

Posted by syee01 > 2019-08-23 15:56 | Report Abuse

later 5 cent

Posted by syee01 > 2019-08-23 15:59 | Report Abuse

next qtr more losss

Posted by bjgdila123 > 2019-08-23 16:00 | Report Abuse

0.10 COMINGGGGGGGGGG

Posted by shortinvestor77 > 2019-08-23 16:59 | Report Abuse

Can go AGM to get free return tickets.

Posted by Mabel > 2019-08-23 18:03 | Report Abuse

Investwin you have a point..

Posted by legolandinjohor > 2019-08-23 18:06 | Report Abuse

I think the share price will show us which one is more concern, whether is profit of quarter report or cash flow of the company.

Posted by Flyinghorse > 2019-08-23 18:13 | Report Abuse

TF never mentioned AAX. All planes got AA logo. Even website is all AA. Where is AAX ?

Posted by Flyinghorse > 2019-08-23 18:14 | Report Abuse

Sometimes me wonder if AAX company existed or not. LOL

Posted by freddiehero > 2019-08-23 18:20 | Report Abuse

haha.. u baru know ka..

Posted by freddiehero > 2019-08-23 18:21 | Report Abuse

tis counter look like ask for money nia.. or goreng

Posted by freddiehero > 2019-08-23 18:23 | Report Abuse

c can break 0.10 or not

Posted by Mabel > 2019-08-23 18:31 | Report Abuse

@syee01 next qtr more losss

Lowering forecasts and TP on tougher outlook

2Q19 core net loss was MYR185m (+151% YoY, +513% QoQ) after adjusting for non-cash items. This was well below our and consensus expectations, as yields and costs moved in a negative direction. Our revised FY19E loss forecast swells by 6.5x from our previous forecast and we now think FY20E will be loss-making as well.

Source: Maybank

Posted by Godofgambler > 2019-08-23 19:22 | Report Abuse

Normally when bank say sell... We buy...

Posted by legolandinjohor > 2019-08-23 19:38 | Report Abuse

Buy until 0.02 sure rebound :)

Posted by Youghin > 2019-08-23 19:47 | Report Abuse

Godofgambler, today big shark sapu a lot.

Posted by Godofgambler > 2019-08-23 20:12 | Report Abuse

I remember when research said Econpile going down. Instead going down..it went up 0.80