AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

2.02

Today's Change

+0.02 (1.00%)

Day's Change

2.00 - 2.02

Trading Volume

360,100


52 people like this.

45,259 comment(s). Last comment by TradingFUN 9 hours ago

cat lim

1,284 posts

Posted by cat lim > 2019-11-14 17:12 | Report Abuse

lol. continue put hope. later tony privatise at nta price = 0.05 hahahaha

10 years later relist at 1.2 again

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-11-14 21:26 | Report Abuse

Don't hope fundamentals can be improved, but price may be pushed up and pressed down. Good luck.

from1to10

173 posts

Posted by from1to10 > 2019-11-15 07:30 | Report Abuse

Morning everyone today is a good day

James Ng

2,704 posts

Posted by James Ng > 2019-11-15 09:16 | Report Abuse

https://klse.i3investor.com/blogs/general/236158.jsp
[转贴] [AIRASIA X BHD:第四季度的平均基本票价year-on-year呈上升趋势;在机队规划方面,亚航X泰国预计将在12月通过运营租赁增加两架A330ceo飞机] - James的股票投资James Share Investing

chimchim

196 posts

Posted by chimchim > 2019-11-15 09:55 | Report Abuse

Maybank downgraded AAX to 0.12...it's time for proper evacuation from this forsaken counter

ocpd

762 posts

Posted by ocpd > 2019-11-15 14:30 | Report Abuse

Rubbish company lost rm300 mil!

Posted by legolandinjohor > 2019-11-15 15:12 | Report Abuse

Later someone will appear to scold you don't know how to read financial report

from1to10

173 posts

Posted by from1to10 > 2019-11-15 16:05 | Report Abuse

Ocpd this is mainly caused by the interest charge as a result of mfrs 16 implementation. The off balance sheet operating lease is now treated as right of use asset in balance sheet and interest is charged as a result of stated in present value. The interest charge at the first few years will be reverse throughout the remaining lease period in the end.

from1to10

173 posts

Posted by from1to10 > 2019-11-15 16:06 | Report Abuse

Investor should look at earning before 1 tax 2 depreciation 3 interest and 4 tax!

ocpd

762 posts

Posted by ocpd > 2019-11-15 17:33 | Report Abuse

Why is there interest charge in operating lease? How long before the lease period ends? To me the cash flow doesn't lie and it doesn't look good in the near term, it is sustained on selling of aircraft and debts for now.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-11-15 20:03 | Report Abuse

Sold aircrafts and lease back, what are the excuses given then? The truth is it needs cash. Whatever accounting std used is also just an excuse, ultimately bottom line count. Remuneration, if not linked to bottom line, they will dig all wealth, along the way only give some penny dividend. lol.

i3lurker

14,396 posts

Posted by i3lurker > 2019-11-15 20:14 | Report Abuse

truth is: -
long haul business is a gruesome business
Air Asia speciality and expertise is still short haul business
looks like they have not learned the long haul business yet

thats why Air Asia Group is giving AAX the KL to Singapore route to make profits.
Will use AAX wide body craft to cramp more passengers inside.
This way will make more extra profits for both AAX and AAG, win win cooperation
and then both AAX and AAG share the extra profits.

I would reset the whole business as a new business
This price of 16 to 18 sen will be a good entry and mouth watering for new investors.

Original IPO investors too bad lah.
Actually you should have known Air Asia expertise is short haul business, but thats hindsight.
Hindsight is known as backsight, dunno one when you were back then.

i3lurker

14,396 posts

Posted by i3lurker > 2019-11-15 20:31 | Report Abuse

wrong advice

for existing investors, never ever sell at the super low unless risk of going PN17 and totally no hope. Some will not even sell upon PN17.

for new investors, always buy in at the super low and deem it as a new business

there is no reason to sell
coz management is taking concrete steps to turn it around
including but not limited to grabbing the profitable KL Singapore route

There is still Hope
a new Hope

There is every reason to buy and no reason to sell..


Posted by Sales > Nov 14, 2019 10:58 AM | Report Abuse
Cut loss and go to profit stock....you can get same or lower price. Don't wait.......

i3lurker

14,396 posts

Posted by i3lurker > 2019-11-15 20:40 | Report Abuse

think of it as a system reset
thats why you can see investors buying it up steadily at 1,000 lots sizes today.

from1to10

173 posts

Posted by from1to10 > 2019-11-15 22:54 | Report Abuse

Ocpd interest charge is whereby to meet the measurement criteria in accounting standard so that amount repayment are stated in present value

from1to10

173 posts

Posted by from1to10 > 2019-11-15 23:01 | Report Abuse

On the bright side, the adoption of MFRS 16 would have a positive impact on Ebitda (earnings before interest, taxes, depreciation and amortisation) as lease expense would be replaced by depreciation and interest expense

from1to10

173 posts

Posted by from1to10 > 2019-11-15 23:08 | Report Abuse

IMHO the pros is taking over the cons for the sales and leaseback, after all what's not good about having more liquid cash flow?

Posted by airport8 > 2019-11-16 02:21 | Report Abuse

Tony Fernandez says he knows how to run airline business better than MAS ... lousy, look at this AAX...continuously bleeding...haha...jerk

ChefSaham

516 posts

Posted by ChefSaham > 2019-11-16 07:46 | Report Abuse

i fly regularly to and fro kl and sg..the flights are always full..might be a good and strategic move to have one of the busiest and profitable international routes in the world

ChefSaham

516 posts

Posted by ChefSaham > 2019-11-16 07:52 | Report Abuse

aax planes are bigger hence carrying more passengers hence more revenue while maintining cost at same level

ChefSaham

516 posts

Posted by ChefSaham > 2019-11-16 07:52 | Report Abuse

aax planes are bigger hence carrying more passengers hence more revenue while maintining cost at same level

i3lurker

14,396 posts

Posted by i3lurker > 2019-11-16 07:55 | Report Abuse

Tony was at Virgin Artlantic aka Virgin Airways in UK,
he was accountant there
and Richard Branson was his boss there.

the formula is the same.

dun worry, AAX is getting the KL Singapore route to make some profits

Posted by airport8 > Nov 16, 2019 2:21 AM | Report Abuse
Tony Fernandez says he knows how to run airline business better than MAS ... lousy, look at this AAX...continuously bleeding...haha...jerk

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-11-16 08:56 | Report Abuse

... Management and bod: mainly non performers, results proved that. Perhaps non of them is capable to look into pricing and cost management, as well as dynamic critical analysis;
...TF: too ambitious to expand into other areas, ended up lack of focus in his own best know how;
... Fundamentals: all in red and is quite unlikely to improve in near future. Borrowings 6.2b, current liabilities is too high reflecting some undisclosed issues (status of overseas partnerships?);
... Real value: some like to use NTA as a selling point for certain stocks, today its nta is 0.05. Some uses potential cash flow, but today only see continuous outflow. Some uses potential earnings and PE but unfortunately only see widened losses.

Major overhaul is necessary to put it back into right track. Cash calling, management change, objective KPIs which link to remuneration. In short, aax is lucky as there is still many supporters here, otherwise it may drop to its real value. If Warren were to ask about his view, what would be the possible answer?

i3lurker

14,396 posts

Posted by i3lurker > 2019-11-16 09:33 |

Post removed.Why?

Posted by shortinvestor77 > 2019-11-17 12:20 | Report Abuse

Nothing to worry. Just waiting for cash calling.

FKLI13

64 posts

Posted by FKLI13 > 2019-11-17 22:07 | Report Abuse

Investing in AAX need patience and skills. Some good companies producing good result but share price drop. Some companies producing bad result but share price is going up. Whatever is it, most important is where is your cost per share, against the market share price. AAX need 2-3 for harvesting. Now is reaching the lowest I ever seen. Although the overall business environment would face have a lot of challenges especially coming 3-5 months.. but this price 0.150-0.160 is very very attractive. Start to invest progressively and you would see handsome return in the near future. Happy investing :)

Ron90

4,120 posts

Posted by Ron90 > 2019-11-17 23:04 | Report Abuse

hoping another tweet from Tony Fernandez...this year would be the best every for AAX... now eat your won medicine....why he eager to buy MAS.so than he can bleed MAS to save this AAX ..lost faith to this tamby.. AA already gone case..Tony and Maranum already siphoned out money from AAB through fat dividends.

Flyinghorse

3,701 posts

Posted by Flyinghorse > 2019-11-18 08:44 | Report Abuse

TF conned so many investors. AAX never have it good. Cant even find an signboard that states AAX. Maybe AAX never existed. Lol

Posted by stockmarket101 > 2019-11-18 08:57 | Report Abuse

TF didn't con me! I think TF is a rare gem.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-11-18 09:32 | Report Abuse

TF then and now:
Past... younger and energetic, business focus.
Now....older and not as energetic, too many things to take care but too bad, team isn't performing.
See the price chart of Aax, AA, Tunepro. Positive correlation?

chimchim

196 posts

Posted by chimchim > 2019-11-18 10:30 | Report Abuse

Maybank app giving warning about Airasia and AAX since May... Now, the TP is set to 0.12.

trueH88

6 posts

Posted by trueH88 > 2019-11-18 12:18 | Report Abuse

AAX is different from AA. Take a look at the board.

Mabel

24,158 posts

Posted by Mabel > 2019-11-18 23:53 | Report Abuse

Still one month plus for him to deliver what he promised...

Tough...since we have another bad quarter

Mabel

24,158 posts

Posted by Mabel > 2019-11-18 23:54 | Report Abuse

It's time to change the Board...

Hopeless Board...

Great remuneration at our cost!

Ron90

4,120 posts

Posted by Ron90 > 2019-11-19 09:24 | Report Abuse

what different?...its the same airline owned by same fuker TF la..

Ron90

4,120 posts

Posted by Ron90 > 2019-11-19 09:25 | Report Abuse

TF now busy pumping korea pu$$y... after siphoned out billion RM from AA, many ppl just dont get it

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-11-20 09:14 | Report Abuse

The stock code itself hinded "not easy to survive and to become rich". Good luck and get ready for cash call as cash flow is bad and limits its ability to borrow from bankers.

Bornwinner

196 posts

Posted by Bornwinner > 2019-11-20 19:50 | Report Abuse

Many are trapped for many years. The longer we wait the lower price is going to be

MingGoon

1,774 posts

Posted by MingGoon > 2019-11-21 11:52 | Report Abuse

Bornwinner : I agree with you .
Bornwinner Many are trapped for many years. The longer we wait the lower price is going to be
20/11/2019 7:50 PM

AAX has been going down hill..Many AAX investors has been trapped for years at AAX. The longer we wait for AAX, the lower AAX price going downwards.

I have sold my AAX today, and trade that for Alam.
I sold my AAX at 0.155, and buy Alam for 0.145

With the changing of money from AAX to Alam, these will give me a chance to recover back some of my money from AAX.

At least, AAX is a sunset industry and a money dripping counter. But Alam at least is a growth company, and still have lots of room to grow and potential to get back our hard earn money.

Cheers Alam...go go go
Alam Near TP0.215, Next TP 0.3

MingGoon

1,774 posts

Posted by MingGoon > 2019-11-21 11:55 | Report Abuse

yongch :Besides recently negative impact,The main reason why price keeping down all bcoz one overseas BIG players proposed tf interested bought over but he need lower the price below 0.12,leave it or take it!!!
TF got no choice but slowly bring down price,tp0.12!!!
20/11/2019 4:09 PM

Thanks yongch, for sharing...

All AAX investors, at 0.155, you will not want to wait till AAX 0.12, then only run right ?
Run now, and change AAX to Alam...
Both are A, and Alam will give you A result, just like Armada gives us, an "A" result..

As always choice is yours, to believe or not to believe is always your call.
To get rich or to get riches is always your call too.

Cheers Alam.
Alam Near TP0.215, Next TP 0.3

chimchim

196 posts

Posted by chimchim > 2019-11-26 13:58 | Report Abuse

Looks more like disaster year

Bornwinner

196 posts

Posted by Bornwinner > 2019-11-27 09:28 | Report Abuse

The share price is keep dropping by the days

Posted by legolandinjohor > 2019-11-27 18:44 | Report Abuse

Airasia also get a loss quarter report!!!!!

ChoCho

345 posts

Posted by ChoCho > 2019-11-27 23:10 | Report Abuse

AAX chart become a double bottom pattern. The current price 0.15 was last visited in Aug 2015.

Youghin

642 posts

Posted by Youghin > 2019-11-28 11:16 | Report Abuse

if there is triple bottoms, surely a good sign

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