Posted by Good123 > 2020-07-25 23:52 | Report Abuse

KUALA LUMPUR (July 25): Kuching has been categorised as a red zone after 41 Covid-19 cases have been detected as at noon today, said Health director-general Datuk Dr Noor Hisham Abdullah. 

He said Hospital Sentosa, also in Kuching, has been closed to the public and all its employees have been placed under quarantine at the hospital.

”There are four new cases in the Hospital Sentosa Cluster. (A total of) 677 individuals have been screened and tested, 657 are still waiting for their results and Kuching, Sarawak has become a red zone," he said in a statement on his Facebook today.

He said close contact tracing has been undertaken.

Malaysia recorded 23 new Covid-19 cases today, compared to 21 yesterday.

Meanwhile, Sarawak Disaster Management Committee (SDMC) chairman Datuk Amar Douglas Uggah Embas said it will convene a special meeting tomorrow to discuss the latest development on the Covid-19 pandemic in the Kuching District.

In a statement issued in Kuching tonight, he said the district had been experiencing spikes in cases lately, with eight new positive cases reported today.

"We have 39 (new) positive cases (accumulated since last Sunday) and with one more case, we will turn into a red from the yellow zone. When we turn red it reflects the seriousness of the situation. This warrants certain measures to be taken. Tomorrow's meeting will be a special one to determine these measures," he said.

He said whatever measures deliberated and determined would be conveyed to the Health Ministry.

"We want them to act on them so that we can enforce or implement them as soon as possible,” he said, adding that travel bans would be among issues to be discussed in the meeting.

SDMC advisors Datuk Seri Dr Sim Kui Hian, who is State Housing and Local Government Minister, and Datuk Seri Dr Stephen Rundi (Sarawak Public Utilities Minister), State Health director Dr Chin Zin Hing and his team of medical experts are expected to attend the meeting.

Posted by Good123 > 2020-07-26 14:52 | Report Abuse

Menteri Kanan (Kluster Keselamatan) Ismail Sabri Yaakob tidak menolak kemungkinan Perintah kawalan pergerakan (PKP) kembali dilaksanakan jika kes positif harian Covid-19 di negara ini mencecah tiga angka.

Beliau berkata, jika kes terus meningkat kerajaan tiada pilihan melainkan menguatkuasakan semula PKP sekali gus mengehadkan pergerakan seperti yang dilakukan pada awal penularan wabak berkenaan.

"Empat hari berturut-turut kes meningkat. Laporan Kementerian Kesihatan Malaysia (KKM) mengatakan kes meningkat disebabkan kealpaan kita sendiri. Kita lupa apabila kita melanggar prosedur operasi standard (SOP) akhirnya kes semakin meningkat.

Posted by PARKER > 2020-07-27 10:04 | Report Abuse

Sell sell sell pkp next wave coming.. happen d to Hongkong , japan. Etc

Posted by faizszaki > 2020-07-27 20:45 | Report Abuse

goreng hangus???

Posted by Onlineone > 2020-07-27 20:56 | Report Abuse

No hope already for this year

Posted by Monica > 2020-07-28 01:13 | Report Abuse

sell before too late... NTA 0.05...

Posted by B4b4 > 2020-07-28 14:06 | Report Abuse

Better sell first and buy back later after the Qtr report. My 2 cents idea

Posted by Good123 > 2020-07-28 19:08 | Report Abuse

OTHERS AirAsia X Berhad ("AAX" or "the Company") - Application for Extension of Time for the Issuance of: I. AAX's Quarterly Results for the financial period ended 31 March 2020 ("Q1 2020 Results"); and II. AAX's Annual Report for the financial year ended 31 December 2019 ("Annual Report 2019")

AIRASIA X BERHAD
TypeAnnouncementSubjectOTHERS
DescriptionAirAsia X Berhad ("AAX" or "the Company") - Application for Extension of Time for the Issuance of: I. AAX's Quarterly Results for the financial period ended 31 March 2020 ("Q1 2020 Results"); and II. AAX's Annual Report for the financial year ended 31 December 2019 ("Annual Report 2019")

Reference is made to the following obligations of the Company pursuant to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“MMLR”):-

 

1. The Company’s Q1 2020 Results is required to be announced to Bursa Securities for public release latest by 31 May 2020, which is not later than two (2) months after the end of the said quarter of financial year ending 31 December 2020 pursuant to Paragraph 9.22(1) of the MMLR; while

 

2. The Company’s Annual Report 2019 is required to be issued by 30 April 2020 to Bursa Securities and its shareholders, being four (4) months from the close of the financial year ended 31 December 2019, pursuant to Paragraph 9.23(1) of the MMLR.

 

Following the Covid-19 pandemic and the ensuing enforcement of the Movement Control Order by the Government, Bursa Securities had via its letter dated 16 April 2020, granted an extension of time (“EOT”) until 30 June 2020 for the listed issuers to issue their quarterly results and annual reports, which were due by 31 May 2020 and 30 April 2020, respectively.

 

Further to the above, AAX wishes to announce that the Company had submitted an application to Bursa Securities for an additional EOT and subsequently, Bursa Securities has via its letter dated 22 June 2020, granted AAX an additional EOT as follows:-

 

1. An additional EOT of one (1) month for the issuance of AAX’s Q1 2020 Results from 30 June 2020 to 31 July 2020; and

 

2. An additional EOT of one (1) month for the issuance of AAX’s Annual Report 2019 from 30 June 2020 to 31 July 2020.

 

Notwithstanding the additional EOT granted by Bursa, the Company will endeavour to make the necessary issuance as soon as possible.
 

This announcement is dated 22 June 2020.





Announcement Info

Company NameAIRASIA X BERHADStock NameAAXDate Announced22 Jun 2020CategoryGeneral Announcement for PLCReference NumberGA1-22062020-00060

Posted by Good123 > 2020-07-28 19:09 | Report Abuse

Q1 results out on July 31?

Posted by ocpd > 2020-07-28 20:29 | Report Abuse

Jul 31st is public holiday

Posted by Good123 > 2020-07-28 21:29 | Report Abuse

then July 30

Posted by sharewiz118 > 2020-07-28 22:46 |

Post removed.Why?

Posted by Good123 > 2020-07-29 09:19 | Report Abuse

Still, it is not just MAS that needs help. Malaysia-based AirAsia Group Bhd, AirAsia X Bhd and Malindo Airways Sdn Bhd have also sought government assistance although Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has said the government would not provide direct aid to the aviation industry in general.

Sources say AirAsia will receive US$250 million in loans backed by Danajamin Nasional Bhd. This is in addition to its plans to raise capital of up to RM1.4 billion through equity financing. Last week, AirAsia group CEO Tan Sri Tony Fernandes was reported as saying that the carrier was looking to raise up to RM2 billion in the next six months.

Posted by iloveamsterdam > 2020-07-29 11:39 | Report Abuse

https://klse.i3investor.com/blogs/TimelessInvestment/2020-07-29-story-h1510785861-Tune_Protect_Group_Wishlist_can_it_be_fulfilled.jsp

Posted by Good123 > 2020-07-29 19:09 | Report Abuse

Q1 results esok

Posted by Qbb99 > 2020-07-29 20:37 | Report Abuse

Q1 coming out tomorrow. Hope , not too bad

Posted by sharewiz118 > 2020-07-29 23:14 | Report Abuse

not bad but worst

Posted by Flyinghorse > 2020-07-30 07:10 | Report Abuse

Fresh new day. Today is QR day. Think will be super bad. Maybe lose 1billion. Soon will be a PN17 company. Let see can drop to 4 sen or not.

Posted by Louis7777 > 2020-07-30 11:01 | Report Abuse

pn17 good luck for those enter for gambling

Posted by Asia88 > 2020-07-30 11:03 | Report Abuse

Yea. D day for AAX.

Posted by Eric1969 > 2020-07-30 13:49 | Report Abuse

D-day? No panic selling?

Posted by mf > 2020-07-30 13:49 | Report Abuse

DUN Sabah bubar: SPR tunggu pemakluman rasmi
Harits Asyraf Hasnan, Astro Awani | Diterbitkan pada Julai 30, 2020 12:49 +08 | Durasi: 46 saat

Posted by Asia88 > 2020-07-30 15:32 | Report Abuse

Yup. Today they must announce the quarter 1 result to the public. Then, most probably we will foresee the Current liability more than current asset by RM xxx. The retained earning below xx % of the issued share capital.
Situation 1: PN 17 : Need to submit regularisation plan
Situation 2: Exempted from PN 17.
Situation 3: No PN 17.

Let's see what is the result.

Posted by Good123 > 2020-07-30 17:40 | Report Abuse

Airasia X Berhad - 1QFY20 Operating Stats

Date: 29/04/2020 

Source : PUBLIC BANKStock : AAX     Price Target : 0.03     |     Price Call : SELL    Last Price : 0.07     |     Upside/Downside :  -0.04 (57.14%) Back

AirAsia X (AAX) released its 1QFY20 operating numbers overnight, with the most notable statistic being its traffic volume contracting by 25% YoY to 1.1m passengers. This is on the back of capacity cuts with available seats per km (ASK) dropping by 21% YoY amid reduced flight frequency as well as temporary suspension of certain routes, to mitigate slower travel demand as a result of the Covid-19 pandemic. AAX is scheduled to release its 1QFY20 results and passenger yield data next month. To recap, its Malaysian operation (MAAX) had announced the temporary hibernation of its entire fleet and suspended all scheduled operations for a period of 2 months effective 28 March 2020. This will negatively affect its 2QFY20 earnings for certain. We retain our Underperform call with unchanged target price of RM0.03 based on 1x FY20F BVPS.

1QFY20 statistics. During 1QFY20, MAAX carried only 1.1m passengers (- 25% YoY), as its capacity shrank by 21% YoY to 6.9bn of available seats per km (ASK). Passenger load hence declined by 9.4 ppts to 74%, compared to 83% in 1Q19 (Table 1). Both the number of passengers carried and ASK for 1Q20 were above our expectation at 29% of our full year forecast however, though we believe this to be in-line as we expect poorer numbers for the rest of the year. In February 2020, MAAX had reduced its flight frequency to China as travel restrictions tightened, coupled with softer travel demand. Meanwhile, in March 2020, it halted almost 90% of its routes network, including Australia, Japan, South Korea and India. Four routes were terminated in March, namely Tianjin, Wuhan, Lanzhou and Jaipur.

Associates performance. Thailand AAX (TAAX) passenger load was softer at 77% in 1QFY20, compared to the 90% load in the same quarter last year. During the quarter, its ASK capacity decreased by 22% YoY to 2.6bn. TAAX had announced the suspension of all scheduled operations for a period of 3 months effective from 16 March 2020, amid the Covid-19 pandemic as well as subsequent to travel restrictions in almost all regions. As at March 2020, TAAX fleet size remains at 14 aircraft.

Source: PublicInvest Research - 29 Apr 2020

Posted by Good123 > 2020-07-30 17:41 | Report Abuse

target price only 3sen , publicinvest

Posted by Asia88 > 2020-07-30 18:42 | Report Abuse

Still yet to announce Q1 result. Erm.......

Posted by Good123 > 2020-07-30 18:56 | Report Abuse

tune protect dah Q2,2020 results with prestasi Yang luar biasa. harga tune protect akan Naik gila. aax bila?

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2020

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER

CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

30 Jun 2020

30 Jun 2019

30 Jun 2020

30 Jun 2019

$$'000

$$'000

$$'000

$$'000

1Revenue

100,942

124,461

223,298

251,126

2Profit/(loss) before tax

20,603

10,747

24,180

33,042

3Profit/(loss) for the period

18,766

11,588

21,538

31,738

4Profit/(loss) attributable to ordinary equity holders of the parent

12,597

10,708

15,097

29,050

5Basic earnings/(loss) per share (Subunit)

1.68

1.42

2.01

3.86

6Proposed/Declared dividend per share (Subunit)

0.00

3.00

0.00

3.00



AS AT END OF CURRENT QUARTER

AS AT PRECEDING FINANCIAL YEAR END

7
Net assets per share attributable to ordinary equity holders of the parent ($$)

0.7600

0.7400

Posted by Flyinghorse > 2020-07-30 19:34 | Report Abuse

1st QR lose rm549m

Posted by mf > 2020-07-30 19:36 | Report Abuse

Quarter Result on 31-Mar-2020[#1] QoQ - -473.76% YoY - -1,368.55%.

Posted by abang_misai > 2020-07-30 19:40 | Report Abuse

Oooh mampos

Posted by EatCoconutCanWin > 2020-07-30 20:01 | Report Abuse

Delisted for sure

Posted by IronShirt > 2020-07-30 20:04 | Report Abuse

2Q20 is almost 2 months locked down compare to 2 weeks locked down in 1Q20
Monday will trigger margin Call for Tony & Co....maybe Tony takes one month to negotiate with
Bank .....have to see

Posted by Flyinghorse > 2020-07-30 20:12 | Report Abuse

If 1stQR dont wipe out TF. 2nd QR will. Lol

Posted by mach10 > 2020-07-30 20:42 | Report Abuse

NAPS - RM0.21

Posted by Hotstuff > 2020-07-30 21:01 | Report Abuse

dead fish. one way out - delisted. no way to turn around as long as borders are still closed

Posted by Harry > 2020-07-30 21:10 | Report Abuse

1.2 ipo price become 7 cent

Posted by freddiehero > 2020-07-30 21:13 | Report Abuse

sad to hear tat. no ppl wan ya.. coz covid19

Posted by mf > 2020-07-30 22:05 |

Post removed.Why?

Posted by B4b4 > 2020-07-30 22:32 | Report Abuse

Opportunity to buy cheap next week.

Posted by Flyinghorse > 2020-07-30 22:45 | Report Abuse

AAX now a PN17 company.

Posted by Eric Lim > 2020-07-30 22:46 | Report Abuse

ticket to holland

Posted by Good123 > 2020-07-30 22:46 | Report Abuse

Date: 29/04/2020 

Source : PUBLIC BANKStock : AAX     Price Target : 0.03     |     Price Call : SELL    Last Price : 0.07     |     Upside/Downside :  -0.04 (57.14%)

Posted by Good123 > 2020-07-30 23:06 | Report Abuse

AirAsia X says it has triggered the prescribed criteria of PN17 as it reports a fourth straight quarterly loss.

Posted by Good123 > 2020-07-30 23:10 | Report Abuse

right issue or private placement

Posted by ivanlau > 2020-07-30 23:10 | Report Abuse

Sorry to say new TP - 0.03

Posted by Good123 > 2020-07-30 23:10 | Report Abuse

get ready your cash

Posted by Eric1969 > 2020-07-31 00:14 | Report Abuse

Hopefully miracle happens coz I got some but little holding from aax... _I_

Posted by AMMI123 > 2020-07-31 03:06 | Report Abuse

https://www.theedgemarkets.com/article/aax-says-it-wont-be-classified-pn17-despite-triggering-criteria

Posted by poseidon80 > 2020-07-31 03:41 | Report Abuse

I came here to warn.. I’m quite surprised a lot of people retailers still buying airlines stock.. just exit if possible.. there’s no way to recover , Aax will delist soon... this covid will last about a year more atleast..

Posted by Flyinghorse > 2020-07-31 08:26 | Report Abuse

If it drops to a few sen, can just buy and keep. After 2 years, will fly to the moon