AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

1.99

Today's Change

+0.05 (2.58%)

Day's Change

1.94 - 2.00

Trading Volume

7,399,600


52 people like this.

45,259 comment(s). Last comment by TradingFUN 27 minutes ago

IvanC

669 posts

Posted by IvanC > 2020-10-13 15:05 | Report Abuse

tomorrow said got loan again, then declare no loan. sure huat. haha

Infiltrader

1,463 posts

Posted by Infiltrader > 2020-10-13 15:05 | Report Abuse

Highly doubt TF will put his reputation & credibility at stake. Something is brewing.

i_investor

934 posts

Posted by i_investor > 2020-10-13 15:10 | Report Abuse

https://www.bbc.com/news/health-54512034
VACCINE ALSO MEANINGLESS, NOT WORKING !!!

oskchoon

3,186 posts

Posted by oskchoon > 2020-10-13 15:15 | Report Abuse

The greedy people get caught on fake news, pity these fools...

oskchoon

3,186 posts

Posted by oskchoon > 2020-10-13 15:17 | Report Abuse

The operators spreading fake rumours only run away with your precious money when you chase up to buy at RM 0.05...

kasrim

2,493 posts

Posted by kasrim > 2020-10-13 15:20 | Report Abuse

buy on rumous, sell on news.. yeay

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-13 18:54 | Report Abuse

How possible G is not going to rescue mas but rescue aax and aa. Chief traders will decide the direction as fundamentals=0 with negative nta, and will create rumors to trap.
Trading play on news.

lycan

23 posts

Posted by lycan > 2020-10-14 09:05 | Report Abuse

AAX will shut for good. only maintain AA. dont touch this counter

kasrim

2,493 posts

Posted by kasrim > 2020-10-14 13:28 | Report Abuse

petang kasi pecut

dinz3483

16 posts

Posted by dinz3483 > 2020-10-14 22:13 | Report Abuse

Any rumors tmrw AAX?

Onlineone

152 posts

Posted by Onlineone > 2020-10-14 23:07 | Report Abuse

Run

Posted by muniandy52 > 2020-10-14 23:15 | Report Abuse

this counter made many retiree's to loose money believing into tony's hu ha news. the karma is working on him now.

lipming

11 posts

Posted by lipming > 2020-10-14 23:23 |

Post removed.Why?

kens88

698 posts

Posted by kens88 > 2020-10-15 13:26 | Report Abuse

effectively pn17. same like gets or ktb. Feel free to goreng

IronShirt

3,178 posts

Posted by IronShirt > 2020-10-15 18:42 | Report Abuse

AAX white knight, Khazanah, cannot even save MAS. Who is going to save aax?

ocpd

762 posts

Posted by ocpd > 2020-10-16 06:23 | Report Abuse

Effectively not pn17, effectively it is delisted. PN17 still got hope but this is bankrupt!

ocpd

762 posts

Posted by ocpd > 2020-10-16 06:23 | Report Abuse

Bursa choses to protect crooks than moms and pops!

kasrim

2,493 posts

Posted by kasrim > 2020-10-16 10:09 | Report Abuse

gov akan support aasia..

Alfonso

3,116 posts

Posted by Alfonso > 2020-10-16 10:09 | Report Abuse

gov akan support mas..

kasrim

2,493 posts

Posted by kasrim > 2020-10-16 10:34 | Report Abuse

ye betol.. inilah masa nk beli sham aax yg tengah murah giler.. tahun depan dh boleh terbang..

kasrim

2,493 posts

Posted by kasrim > 2020-10-16 15:15 | Report Abuse

aax mesti boleh.. comeon.. show your power..

651158

2,401 posts

Posted by 651158 > 2020-10-16 15:21 | Report Abuse

government support no use conot fly

Alfonso

3,116 posts

Posted by Alfonso > 2020-10-16 15:26 | Report Abuse

aax sure boleh but the nasty covid is too evil....covid kill so many lives already ;(

kasrim

2,493 posts

Posted by kasrim > 2020-10-16 15:52 | Report Abuse

konter penny dh start moving.. bleh topup aax ni lg..

Posted by isupertrader > 2020-10-17 10:19 | Report Abuse

I believe Airbus will need to honor AAX request to cancel remaining order unless the company wants to loose an important customer. Another scenario would be deferment but AAX will reject due to cheaper planes lying around. Airbus can continue to focus on maintenance revenue.

Posted by isupertrader > 2020-10-17 10:29 | Report Abuse

TF now is trying to utilize his million customer data and to quickly develop an app allows to get Air Asia's customer from "Now everyone can fly" to "Now everyone can ride". And it will throw off free ride to all Air Asia customer upon launching when you download their AA app. Just open your tnG app (will be similar). Big Pay, Hotel, Flight, Ride, Food. AAX might merge with Malaysian Airlines for global flights. MAS also struggling so all options is open.

next, pitch this new potential to investors to raise private funds and issuing of new equities with share rights. 8 months down the road, AAX share price will go up to about 6.5 - 8 cents bringing gain close to 75%.

My target price:
Air Asia : RM0.55 (hold)
AAX: RM0.065 cents within 3 months after completion of debt restructuring. Profit = 60%.

alfred

89 posts

Posted by alfred > 2020-10-17 13:07 | Report Abuse

AirAsia X to liquidate Indonesian ops amid woes
(Oct 17): AirAsia X Bhd is liquidating its Indonesian arm in a bid to survive the Covid-19 pandemic that has left the low-cost airline’s planes grounded since late March.
The long-haul arm of AirAsia Group Bhd has also written down its 49% stake in Thai AirAsia X, the airline’s deputy chairman Datuk Lim Kian Onn said in an interview with The Star newspaper.
These efforts come amid AirAsia X’s proposed restructuring plan to wipe out almost RM63.5 billion in debt and save it from a collapse. The proposal requires approval from investors and creditors.
Initial negotiations with creditors were tough as they were understandably upset, Lim said in the interview. They had asked for better terms, including free equity for forgiven debt — something that would be impossible for the airline to fulfil, he added.
Still, Lim said all of them genuinely want to find a common ground to take the airline forward. “No one has anything to gain from our demise,” he told the newspaper.
The airline is planning to resume flights in the first quarter (1Q), though the process remains “dynamic”, said Lim. Should the rescue plan be approved, the company will have to renegotiate every single contract and do its best to look after all stakeholders’ interests, he said.

Vulture123

405 posts

Posted by Vulture123 > 2020-10-17 17:14 | Report Abuse

Fly with Vulture ... Run !

Posted by 东方不败 > 2020-10-17 18:58 | Report Abuse

AAX's share consolidation points towards downward trend. Have a look at my analysis:

English: https://klse.i3investor.com/blogs/DFBB/2020-10-17-story-h1534702264-Share_Consolidation_The_Silent_Killer.jsp

Chinese: https://klse.i3investor.com/blogs/DFBB/2020-10-17-story-h1534702265.jsp

Smart2Win

126 posts

Posted by Smart2Win > 2020-10-17 20:54 | Report Abuse

Both AA & AAX in ICU; AAX at point of last breath. ICU also close off oxygen. The only way is allow oxygen; otherwise life likely terminated. Oxygen is government open tap for people to fly; let people freely fly where they want to go ie. tourism, other purposes, etc. as long as 3rd countries accept their entries. People can't fly means oxygen cut off.

mf

29,183 posts

Posted by mf > 2020-10-17 21:00 | Report Abuse

College president resigns after more than 700 students test positive

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-18 12:26 | Report Abuse

Not many can fly after covid vaccines era at least till end 2021. Bankruptcy is the easiest alternative. If revive like mas, then just postpone the nightmare of investors.

whitebunny

154 posts

Posted by whitebunny > 2020-10-18 12:38 | Report Abuse

Budget airline AirAsia X out of money, needs $120 million for restart - report
https://in.finance.yahoo.com/news/budget-airline-airasia-x-money-061255635.html

Smart2Win

126 posts

Posted by Smart2Win > 2020-10-18 15:03 | Report Abuse

Immigration should open border for people to fly. Just get travelers to sign undertaking that they pay hotel quarantines 14days.COVID19 won't spread when 14days strict quarantined imposed. It will prevent airlines and hotels go bankrupt. Only way to save airlines. Also save hotels. The Ministers, MOT, MOF, MOH & Tourism should talk to each other. This is part of economic revival.

Smart2Win

126 posts

Posted by Smart2Win > 2020-10-18 15:36 | Report Abuse

It's simple logic. People cannot fly, AAX no income. It'll burnt whatever cash remain, period. Then AAX die.

Smart2Win

126 posts

Posted by Smart2Win > 2020-10-18 15:42 | Report Abuse

No need cash injection, MOF or Perihatin Dana, etc. Waste of fund, the more you inject. Just open border 4 people to freely fly; a lot of people still want to fly. COVID19 risks low if all returnee compulsory quarantined 14 days at their own expense. Government no need pay hotel fees. Benefits are airlines saved & hotels revived. Why don't do it. Instead of everyone waiting to die.

limkokthye

6,039 posts

Posted by limkokthye > 2020-10-19 00:16 | Report Abuse

cheap cheap cheap buy buy buy at 1 sen

freddiehero

16,722 posts

Posted by freddiehero > 2020-10-19 05:22 | Report Abuse

totally need 3 qr red, and 3 qr recovery..

freddiehero

16,722 posts

Posted by freddiehero > 2020-10-19 05:22 | Report Abuse

now only 2 qr red

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-19 08:39 | Report Abuse

Loyal supported for company with negative nta and MT dim prospect. ST trading.

newbie1111

1,842 posts

Posted by newbie1111 > 2020-10-19 10:23 | Report Abuse

this company at current state is awaiting liquidation

WitNess

70 posts

Posted by WitNess > 2020-10-20 15:57 | Report Abuse

Declare bankrupt la, why drag so long

Alfonso

3,116 posts

Posted by Alfonso > 2020-10-20 15:59 | Report Abuse

dragging is the natural sifat of tony

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2020-10-20 22:52 | Report Abuse

tony want to drag everyone together with him.

limitupmeh

1,352 posts

Posted by limitupmeh > 2020-10-21 00:26 | Report Abuse

guys if not dpt pinjaman dr MOF RIP AA X Berhad

limitupmeh

1,352 posts

Posted by limitupmeh > 2020-10-21 00:27 | Report Abuse

looks financial health check not good. crying AA. no more cheap ticket AA

limitupmeh

1,352 posts

Posted by limitupmeh > 2020-10-21 00:35 | Report Abuse

no more D7 flight long haul

kasrim

2,493 posts

Posted by kasrim > 2020-10-21 10:03 | Report Abuse

time to buy

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