Posted by DreamGladiator > 2020-09-06 12:04 | Report Abuse

no idea

Posted by DreamGladiator > 2020-09-06 12:04 | Report Abuse

no clue

Posted by bjgdila123 > 2020-09-06 12:15 | Report Abuse

tunggu 0.01

Posted by i3lurker > 2020-09-06 17:31 | Report Abuse

court case

winding up mari

monday sure limit down to 0.005 sen per share.

Posted by Jeffreyteck > 2020-09-07 08:12 | Report Abuse

Propose 100 reduce to 1, right issues 100 for one, bond issue $100 for one at 2.5% plus sweeter free warrant. Extremely poor management as layman highlighted needs of capital injection last 2 years but they don't even look at i3 with so many experts and complimentary advices where not even need to pay a single cent unlike bod.

Posted by mf > 2020-09-07 08:15 | Report Abuse

Asia stocks set to trade lower as U.S.-China tech tensions rise; Chinese August trade data expected

Posted by Jeffreyteck > 2020-09-07 08:15 | Report Abuse

Anyway, stock code itself is a bad fung shui, request for a change, at least not so bad. Bursa code is 1818, how best kaya two times.

Posted by AK > 2020-09-07 10:23 | Report Abuse

https://www.freemalaysiatoday.com/category/business/2020/09/04/airasia-x-sued-for-rm95-4mil-aircraft-lease-dues/

Posted by AK > 2020-09-07 15:54 | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2020/09/07/uk-lawsuit-puts-airasia-xs-recovery-from-covid-19-at-risk/

Posted by yameyamo > 2020-09-07 18:09 | Report Abuse

buy at 0.04-0.05

Posted by shortinvestor77 > 2020-09-07 20:40 | Report Abuse

You got it?

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-09-07 23:25 | Report Abuse

public bank target 0.01 cent.

Posted by kens88 > 2020-09-07 23:54 | Report Abuse

Give free or rm0.01 can consider la. Super high downside.

Posted by sharewiz118 > 2020-09-08 21:27 | Report Abuse

TP RM 0.02 cent markah kesian

Posted by tkl88 > 2020-09-09 16:16 | Report Abuse

Wow, Amazing !
Oil price already turn green and spike up like mad !

As at 4.15pm,
Nymex at => $37.52 (+0.76) (+2.07 %) !
Brent at => $46.17 (+0.62) (+1.56 %) !

Posted by TuaTuaLiap > 2020-09-09 16:52 | Report Abuse

Looks like it's a TKO for AAX

Posted by tkl88 > 2020-09-09 17:29 | Report Abuse

BNM seen making final 25bps OPR cut as early as September — DBS
Chong Jin Hun / theedgemarkets.com
August 31, 2020 13:15 pm +08

https://www.theedgemarkets.com/article/bnm-seen-making-final-25bps-opr-cut-early-september-%E2%80%94-dbs

KUALA LUMPUR (Aug 31): Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead, DBS Group said today.

DBS senior economist Irvin Seah and strategist Duncan Tan wrote in a note that there is room for further monetary easing to support economic growth in the coming months.

"Onshore IRS (interest rate swap) markets are pricing ~70-80% chance for one last BNM rate cut (25bps) of this easing cycle, either to occur at the Sept 10 or Nov 3 meeting. This would mean BNM hitting our estimate of the policy lower bound of 1.5%, by the end of the year.

"Note (that) BNM had cut the OPR by a total of 125bps year-to-date to 1.75% to complement the equally robust fiscal measures aimed at buffering the economy from the impact of the pandemic. But with growth surprising on the downside and an arduous recovery path ahead notwithstanding, there is room for further monetary easing to support growth in the coming months.

"As such, we now expect one final 25bps cut by BNM as early as in the forthcoming September meeting, to better align the risks in both inflation and growth,” Seah and Tan said.

According to them, Malaysia’s real gross domestic product (GDP) growth contracted by a sharp 17.1% in the second quarter of 2020 (2Q20) from a year earlier. In quarterly terms, they said 2Q20 GDP dropped 51.3% from 1Q20.

They said beyond the direct impact of the Covid-19 pandemic on the health front and strong external headwinds resulting from a slump in global demand, the implementation of Malaysia's Movement Control Order (MCO) to curb the spread of the pandemic is the main factor behind the 2Q20 growth downturn.

"The downside surprise in 2Q GDP growth has significantly lowered the growth trajectory for the full year. The anticipated turnaround in the third and fourth quarter may not be enough to offset the sharp second quarter decline.

"Headline GDP growth will remain stuck in negative territory for the rest of the year. We have thus lowered our 2020 full year GDP growth forecast to -5.5%, which is at the lower end of the official forecast range of -5.5% to - 3.5%, and the lowest since the Asian Financial Crisis, (during) which the economy contracted by 7.4% in 1998. However, with the low base this year and the global recovery that is currently underway, albeit slowly, we see (Malaysia’s) GDP growth rebounding to 6.0% in 2021,” they said.

Malaysia’s disinflationary pressure is seen building up and the nation’s negative output gap is seen widening amid recessionary economic conditions. Seah and Tan said today even though inflation, as measured by the consumer price index (CPI), has recovered to -1.3% in July, the headline number is expected to remain stuck in negative level for the rest of 2020.

Full year (2020) inflation is projected to average -1.1% before rebounding to 1.8% in 2021, they said.

Malaysia's MCO, which was initially scheduled between March 18 and 31, 2020, requires non-essential businesses to stop operations, while the public was ordered to stay at home to curb the Covid-19 outbreak.

On March 25, Prime Minister Tan Sri Muhyiddin Yassin said the government decided to extend the MCO until April 14, because updates from the National Security Council and the Health Ministry indicated an increase in Covid-19 cases.

On April 10, Muhyiddin said the government was extending the MCO until April 28.

On April 23, Muhyiddin said the MCO would be extended for another two weeks until May 12.

On May 4, news reports, quoting Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob, indicated that regulations under phase four of the MCO were null and void with the commencement of the conditional movement control order (CMCO) or phase five of the MCO.

On May 10, Muhyiddin said the CMCO would be extended to June 9.

On June 7, Muhyiddin said the CMCO scheduled to expire on June 9 will be replaced with the recovery movement control order (RMCO) beginning June 10 until today.

On Friday (Aug 28), news reports quoting Muhyiddin, reported that the RMCO has been extended until Dec 31, 2020.

Posted by tkl88 > 2020-09-09 17:36 | Report Abuse

Report: Bank Negara expected to reduce OPR to record low of 1.5%
FMT Reporters -September 8, 2020 6:14 PM

https://www.freemalaysiatoday.com/category/highlight/2020/09/08/report-bank-negara-expected-to-reduce-opr-to-record-low-of-1-5/

PETALING JAYA: Bank Negara Malaysia (BNM) will reduce its overnight policy rate (OPR) by a further 25 basis points (bps), say seven out of 13 economists polled by Reuters.

An announcement is expected following the central bank’s policy meeting on Thursday.

Such a move will also see the OPR reduced to a record low of 1.5%, with BNM having already delivered 125 bps of rate cuts this year. The last cut of 25 bps was announced on July 7.

The remaining six economists, however, believe that the current 1.75%, also a historic low, will be maintained.

According to the report, policymakers might have to balance the need to support a virus-hit economy with a pick-up in exports.

The country’s reliance on exports has seen the economy hit badly in the second quarter (Q2) of the year due to the fallout from the coronavirus pandemic.

However, exports have started to rebound in Q3.

“Even though a pick-up in exports should support manufacturing, the rest of the economy will continue to be under downward pressure,” Prakash Sakpal, Asia senior economist for ING told Reuters.

“Mining, construction and services were the worst-affected in Q2 and will remain so over the rest of the year,” he was quoted as saying.

He added that the increase in unemployment numbers was also hurting consumer spending.

Meanwhile, Malaysia’s exports rose for the second straight month in July. This was an increase of 3.1% from a year earlier, thanks to higher shipments of manufactured goods and agricultural commodities.

However, with unemployment rising to 5.1% in Q2 and consumer prices continuing to fall in July, the signs are that the Malaysian economy is still struggling.

Posted by tkl88 > 2020-09-09 18:15 | Report Abuse

Wow, Dow Jones Futures was super green !

As at 6.13pm,
Dow Jones Futures at=> 27,716.5 (+191.5) (+0.70 %) !

Posted by sharewiz118 > 2020-09-09 21:57 | Report Abuse

TP RM 0.02 cent

Posted by tkl88 > 2020-09-10 06:50 | Report Abuse

Walaoeh, Dow Jones super bull run !‬

‪Dow Jones closed at=>‬ 27,940.47 (+439.58) (+1.60 %) !

Posted by tkl88 > 2020-09-10 15:28 | Report Abuse

OPR maintain at 1.75 %
Tommorrow onwards KLSE will spike up liao !

BREAKING : Bank Negara Malaysia decides to maintain the Overnight Policy Rate (OPR) at 1.75%, citing improvement in economic activity

https://mobile.twitter.com/pelhambluefund/status/1303951728996278272?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Posted by AK > 2020-09-11 09:56 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/09/11/mro-unit-may-add-rm1bil-to-airasia-earnings

Posted by tkl88 > 2020-09-12 12:31 | Report Abuse

马新开启互惠绿色通道·8月飞行人次增7% - 全国新闻 ... - 星洲日报
https://www.sinchew.com.my/content/content_2341269.html

随着马新在上个月开启互惠绿色通道（RGL），国内飞行航班也持续呈复苏迹象，在8月有140万飞行人次、较7月的飞行人次增加了2万4209人 ...

Posted by tkl88 > 2020-09-12 14:26 | Report Abuse

Below is my own translate from Sinchew Jit Poh's cover on Airasia...

2020-09-11 19:20:23
马新开启互惠绿色通道·8月飞行人次增7%
=>With the opening of the Reciprocal Green Channel (RGL) with Singapore last month, domestic flights in August increased by 7% from July.


(KL 11tth Sept reported) With the opening of the Reciprocal Green Channel (RGL) with Singapore last month, domestic flights continued to show signs of recovery. There were 1.4 million flights in August, an increase of 24,209 or 7% from July.


Business air flights was recovery stage by stage
MAHB today said in the report that after we enter to the MCO stage, our domestic's business air flights and cargo is in it's recovery
stage by stage, which in July 2020 recorded it's million passengers record after the MCO was introduced.

From the report, also stated that All Malaysia's domestic airports flights frequency in August all recorded hugh increase, especially KLIA's
flights frequency was increased by 33 %, Penang, Langkawi, Api-api & Kuching international airports all together combine recorded
an increase of 75 %

The main reason of this is because of the Reciprocal Green Channel (RGL) with Singapore last month, making Malaysia's 3 local
airline companies and oversea airline companies such as Scoot Airways & Jetstar Aisa Airways all resume their flights.

Beside that, local residents taking advantage of the school holiday, merdeka day & Awal Muharram public holidays, go out travel locally,
this futher stimulate the flights increments.

Posted by tkl88 > 2020-09-12 14:27 | Report Abuse

Domestic's air route contribute 90% of the Carrying Capacity
KLIA's CEO Dato' Mohd Shukrie Mohd Salleh said that Malaysia's aviation sector currently's 90 % of the
passengers all was contributed by domestic air routes. So, domestic's market obviously will be our
country's aviation sector getting recovery and become prosperous's main key.

"We felt happy to see public return confidence in travel by air flights,
we can see the demands from the increments from the air flights frequency,
currently Kuala Lumpur recorded a 149 air flights frequency per weeks.
Etihad Airways also resume their flights to Malaysia in August, this is the first airline company
resume their flights to Malaysia since the pandemic happend.


My Jet Xpress going to introduce the Sabah & Sarawak flights
KLIA got announce also, My Jet Xpress going to introduce 2 new air routes from 1)KLSE - Api-Api 2)KLIA - Kuching

At the same time, Malaysia's airports in Turkey's Istanbul Sabiha Gökçen International Airport 's business,
in August also recorded an incease of 50 % in both flights and travellers, which amounting
13,472 flights and 1.8 millions travellers.

Because of the incease of the bookings and passengers, 3 oversea's airline companies also resume their
go-return air routes from Turkey. They are Pebeda, Jazeera and Nile Air, which they in August resume
their 3 flights and 4 flights per week.

Since Turkey's air flights recorded a tremendous and encouraging incements, Malaysia currently's whole
airport total passengers already breaking 3 millions big level.
Dato' Mohd Shukrie said, since our aviation sector was recovery stage by stage, KLIA also will
better the security and the effectiveness & efficiency, to let the passengers experiencing
a better flights experience.

"We will get ready and fully prepare, we estimated that once the border was fully opened up, the
air flights and passengers will once again recorded hugh increase,
we will make our best efforts in order to give our partners's of airline commpanies and retailers
full supports, let them getting recovery from this pandemic and resume to their normal operation,
at the same time making the airport in this new era, resume to it's normal operation
with complying the standard SOP been introduced."

Source From: Sin Chew Jit Poh 2020-09-11

Posted by Nepo > 2020-09-12 21:41 | Report Abuse

One step to bankrupt

Posted by freddiehero > 2020-09-12 21:47 | Report Abuse

aax in trouble, aa will be infect soon..

Posted by sharewiz118 > 2020-09-13 19:59 | Report Abuse

PN 17 is at the door step

Posted by B4b4 > 2020-09-14 16:13 | Report Abuse

Sinovac coming soon. Everyone can fly again

Posted by Jeffreyteck > 2020-09-15 07:50 | Report Abuse

Thai Airways gets approval for US$11bil rescue plan, how much AAX needs? Better to put under bankruptcy and set up a new one, more efficient than rescuing.

Posted by B4b4 > 2020-09-15 08:28 | Report Abuse

https://api.nationalgeographic.com/distribution/public/amp/science/health-and-human-body/human-diseases/coronavirus-vaccine-tracker-how-they-work-latest-developments-cvd

Posted by Josh72 > 2020-09-15 08:38 | Report Abuse

adoi sampai bila

Posted by Sean Lim > 2020-09-15 17:59 | Report Abuse

anyone attend the online AGM today? got free flight ticket?

Posted by Good123 > 2020-09-15 20:49 | Report Abuse

Gov't will not rush into reopening country's borders, will continue to check entry of illegal immigrants — PM Muhyiddin

Bernama

/

Bernama


September 15, 2020 20:40 pm 08

Posted by Good123 > 2020-09-15 20:52 | Report Abuse

PM Muhyiddin reminds people MCO may have to be reimposed if there is drastic increase in Covid-19 cases

Bernama

/

Bernama


September 15, 2020 20:42 pm 08

Posted by tkl88 > 2020-09-18 07:19 | Report Abuse

Oil rises 2%, reverses loses as OPEC+ addresses market weakness
Jessica Resnick-Ault
THU SEP 17, 2020 / 3:13 PM EDT

https://www.google.com.my/amp/s/mobile.reuters.com/article/amp/idUSKBN26804N

Nymex=>at $40.97 (+$0.81) (+2.02%) !
Brent=> at $43.30 (+$1.08) (+2.56%) !

NEW YORK (Reuters) - Oil prices rose more than 2% on Thursday, turning positive as OPEC and its allies said the producer group would crack down on countries that failed to comply with output cuts and planned to hold an extraordinary meeting in October if oil markets weaken further.
After falling early in the session amid bearish jobs numbers and a ramp up in Gulf of Mexico oil output following Hurricane Sally, crude benchmarks reversed course to gain on the day, bolstered by comments from OPEC.
"Although no amendments to the current supply-cut deal have been proposed by OPEC+ today, the producers group gave the impression that it does not sweep troubles under the carpet," said Rystad Energy's Head of Oil Markets, Bjornar Tonhaugen.
Brent oil futures extended gains to settle up $1.08 or 2.56% at $43.30 a barrel. U.S. crude futures settled higher by 81 cents, or 2.02% at $40.97 a barrel. Both contracts rose more than 4% on Wednesday.
The panel of major producers, including Saudi Arabia and Russia, did not recommend any changes to their current output reduction target of 7.7 million barrels per day (bpd), or around 8% of global demand, according to a draft press release and an internal report.
The panel pressed laggards such as Iraq, Nigeria and the United Arab Emirates to cut more barrels to compensate for overproduction in May-July, while extending the compensation period from September to the end of December, according to three OPEC+ sources.
"They were coming down hard on the UAE," said Phil Flynn, senior analyst at Price Futures Group in New York. The expectation that output could fall as the UAE and others trim production bolstered prices, he said.
The OPEC news overshadowed the restart of U.S. offshore production after Hurricane Sally passed through the Gulf of Mexico and bearish U.S. economic news.
U.S. energy companies were starting to return crews to offshore oil platforms in the Gulf of Mexico after Sally halted operations for five days, shutting down nearly 500,000 bpd of output.
Prices were also under pressure from the slow economic recovery from the pandemic.
Global coronavirus cases are expected to pass 30 million on Thursday, according to a Reuters tally.
The U.S. Labor Department's report showed the number of Americans filing new claims for unemployment benefits fell last week, but remained at extremely high levels as the labor market recovery shifts into low gear and consumer spending cools.
Even OPEC+ cautioned that the pandemic could continue to curb demand. An OPEC+ technical panel warned that a rise in coronavirus cases in some countries may curb oil demand despite signs of economic recovery and initial indications of a decline in oil stocks, according to an internal document seen by Reuters.

Posted by tkl88 > 2020-09-18 08:03 | Report Abuse

Walaoeh, oil price spike up like mad !
Today Travel & Tourism counters will be spike up to sky high already !
Huat ah ! Heng ah ! Ong ah !

Posted by yameyamo > 2020-09-18 11:05 | Report Abuse

Byebye aax

Posted by yameyamo > 2020-09-18 11:58 | Report Abuse

0.04 BUy

Posted by eipun203 > 2020-09-18 16:47 | Report Abuse

Nobody can fly .... aax this time really gg

Posted by cockroach > 2020-09-20 10:36 | Report Abuse

still got people put hope on this sunset business?

Posted by sharewiz118 > 2020-09-20 19:48 | Report Abuse

PN 17 coming !, Debtors coming !, Ah Long and Bill collectors also coming !!! Run and run

Posted by ian0311 > 2020-09-20 19:50 | Report Abuse

i think aax going to delist soon

Posted by EVO118 > 2020-09-21 15:27 | Report Abuse

One hell of a dump for the day!

Posted by Jeffreyteck > 2020-09-24 07:52 | Report Abuse

MAS has to defer loan settlement, how AAX could survive?

Posted by georgethefirst > 2020-09-25 14:38 | Report Abuse

Paying 6 sen for a stock which is worth negative 23 sen is NOT an investment. The company will suffer more losses in next few quarters.

Posted by paktua73 > 2020-09-27 06:52 |

Post removed.Why?

Posted by tkl88 > 2020-09-27 11:29 | Report Abuse

Good news, perikatan nasional has won the Sabah election by 38 seats out of 73 seats !
So that our politic will be stable for another 3 years till 2023 election !
It’s good for our economy, like that next week KLSE will be spike up like mad already !

Posted by EVO118 > 2020-09-28 18:40 | Report Abuse

TF need to keep his hands & eyes on AAX & AA, the core business instead of diverting his attention the digital platform before it is too late.