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.

45,258 comment(s). Last comment by mf 25 minutes ago

tkl88

8,712 posts

Posted by tkl88 > 2020-11-01 14:14 | Report Abuse

KUALA LUMPUR (Oct 31): Malaysia reported 659 new Covid-19 infections today, 80.3% or 529 of which came from the worst-hit state of Sabah, while the Klang Valley contributed 10.6% or 70 cases. This raised the country's cumulative positive cases to 31,548, according to the Ministry of Health (MoH).
The number of recoveries hit 1,000 today — the country's highest so far in a day — as recoveries exceeded new infections for the second day in the past four days; on Thursday, recoveries came in at 685 versus 649 new infections.
This means a total of 21,248 patients have recovered so far, yielding a recovery rate of 67.4% of total confirmed cases.
As for active cases, which carry transmission risk, the tally is now down to 10,051 from 10,392 yesterday.
The death toll, meanwhile, remained at 249 or 0.8% of total infections, with no new additions.
No new infection clusters were reported today, according to the MoH. This means the number of active clusters remains at 33, while 114 clusters have ended.
In Sabah, 205 cases originated from existing clusters, while 203 cases were discovered via contact tracing and 121 infections were discovered from other Covid-19 screening tests.

Selangor saw 55 new cases, 18 of which came from existing clusters, followed by 22 from contact tracing, and 15 from other Covid-19 tests.
Labuan and Kuala Lumpur saw 12 and 11 cases respectively, followed by Sarawak (nine cases), Perak (six), Putrajaya (four), Kedah (two), Pulau Pinang (two), Terengganu (two), Pahang (one) and Kelantan (one).
Meanwhile, 137 cases or 20.8% of total infections today were linked to the prison clusters and temporary detention centres, namely the Kepayan cluster (26 cases) and the Rumah Merah cluster (111 cases).
Of the 659 cases reported today, one was an imported infection involving a foreigner who travelled from Bangladesh.

Declining R0
During the question and answer (Q&A) session today, MoH director-general Tan Sri Dr Noor Hisham Abdullah said Malaysia's R0, which measures the contagiousness of the virus, was brought down to 1.5 last week — from 2.2 at the start of the third wave of infections. A higher R0 translates into a higher rate of infection in the community.
For comparison, the second wave had an R0 rate of 3.55.
“Based on the projection for R0 of 1.5, daily new cases should be 1,357. If the R0 is 1.0, it should be 950 cases per day. However, we have been seeing daily cases of below 950 — at 799 yesterday and 659 today. So our R0 is currently below 1.0.
“This means that the measures that have been enforced under the CMCO (conditional movement control order) for the past two weeks — that is, by allowing economic sectors to operate while toning down social, education and sports activities — have resulted in a lower rate of infection,” he added.
Tan Choe Choe

tkl88

8,712 posts

Posted by tkl88 > 2020-11-01 14:15 | Report Abuse

Covid-19: Malaysia’s recovery on track, infectivity rate decreasing, says Health DG
* NATION
* Saturday, 31 Oct 2020 
7:00 PM MYT By TARRENCE TAN and AUSTIN CAMOENS

https://www.thestar.com.my/news/nation/2020/10/31/covid-19-malaysia-on-track-of-recovery-infectivity-rate-decreases-says-health-dg

PUTRAJAYA: Despite daily three-digit Covid-19 infection figures in the country, Health director-general Tan Sri Dr Noor Hisham Abdullah says Malaysia is on the road of recovery.
This was because the projected figures were much lower than expected, as the Health Ministry was predicting a four-digit spike of 1,357 cases on Thursday (Oct 29), based on the 1.5 infectivity rate, or known as the R nought (R0), said Dr Noor Hisham.

If the R0 level was at 1.0, Dr Noor Hisham said Malaysia would have gotten 950 cases on Oct 30 and 955 cases on Oct 31.
“But, there were only 659 cases on Oct 31. This means our R0 level is less than 1.0, ” said Dr Noor Hisham during a press conference at the Health Ministry in Putrajaya on Saturday.

“This meant that the conditional movement control order (MCO) that allows only the economic sector to function has a positive effect on reducing our R0 level to 1, ” he added.
For an R0 level of 1, it means that each Covid-19 patient will infect one other person.
Dr Noor Hisham also credited the lowered R0 level to the efforts of the Health Ministry, adding that they are now targeting to reduce the infectivity level to 0.3.
Dr Noor Hisham also urged Malaysians to play their role in ensuring SOPs are adhered to in order to curb Covid-19.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-01 14:19 | Report Abuse

under liquidation? to be closed for good? international borders closed, people are afraid to fly, correct? economy recession in everywhere, people tend to save and not go for holidays too

tkl88

8,712 posts

Posted by tkl88 > 2020-11-01 14:46 | Report Abuse

Wow, Superb Good news !
Covid-19=>Malaysia’s recovery on track !
Furthermore next week is budget 2021 week and US presidential election will be over next week Wednessday !
So, next week start onwards will be the bull market for world stock markets including Malaysia’s KLSE !

Huat ah ! Heng ah ! Ong ah !

Posted by night_shadow > 2020-11-01 15:34 | Report Abuse

@tkl88 those news are not related to AAX, even if Bursa index reach 1800 the fact is AAX still cannot fly, The only good news for AAX is if COVID case subsided

Posted by night_shadow > 2020-11-01 15:34 | Report Abuse

and border reopened again

IvanC

669 posts

Posted by IvanC > 2020-11-02 12:07 | Report Abuse

ikan bilis all sell call, but price remain strong. 0.035 buy !!! sure win

ocpd

762 posts

Posted by ocpd > 2020-11-02 20:19 | Report Abuse

TF wanna use PP as the last resort, as they wanna con finance minister and tax payers money first. Luckily we have a smart finance minister that didn’t buy his Indian BS. No banks in their sane mind would loan money to a bankrupt company when the founder is a billionaire and refuses to capitalize the company with a single sen of his own money first.

canbuyla

545 posts

Posted by canbuyla > 2020-11-02 20:38 | Report Abuse

why shares consolidation?? because share price will have more room to come down...AAX can't even make money during good times...forget it la..

yingzhe17

878 posts

Posted by yingzhe17 > 2020-11-03 13:02 | Report Abuse

See you at 0.02

tkl88

8,712 posts

Posted by tkl88 > 2020-11-03 18:15 | Report Abuse

Wow, oil price continue to spike up !
As at 6.10pm,
Nymex at => $38.25 (+1.44) (+3.91 %)
Brent at => $40.36 (+1.39) (+3.57 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-04 07:33 | Report Abuse

Wow, Dow Jones continue to spike up !
Dow Jones closed at=> 27,480.03 (+554.98) (+2.06%) !

World stocks super bull market is coming !

Posted by HAMZ0771 > 2020-11-04 12:21 | Report Abuse

Airasia n AAX share price now at lowest value since started their biz...

tkl88

8,712 posts

Posted by tkl88 > 2020-11-04 12:45 | Report Abuse

Latest US election update !
As at 12.25pm,
Joe Biden already have 209 votes leading Donald Trump's 118 votes by 91 votes,
Joe Biden just need only another 61 votes then will won the US election !

Huat ah ! Heng ah ! Ong ah !

Posted by calleranion > 2020-11-05 14:59 | Report Abuse

Any lower ?

mf

29,173 posts

Posted by mf > 2020-11-05 18:38 | Report Abuse

sell

i3lurker

14,393 posts

Posted by i3lurker > 2020-11-05 20:30 |

Post removed.Why?

i3lurker

14,393 posts

Posted by i3lurker > 2020-11-05 20:40 |

Post removed.Why?

yingzhe17

878 posts

Posted by yingzhe17 > 2020-11-05 21:52 | Report Abuse

Just make it bankrupt and start new airlines.

i3lurker

14,393 posts

Posted by i3lurker > 2020-11-05 22:26 |

Post removed.Why?

RJ87

5,134 posts

Posted by RJ87 > 2020-11-07 21:29 | Report Abuse

that's the smart thing to do.

Use existing cash to buy over cheap asset and start new airline. Don't be surprise the slogan to be Everyone can fly again and TF is the CEO.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-08 02:27 | Report Abuse

Superb good news !

Biden Wins Presidency, Ending Four Tumultuous Years Under Trump
https://www.google.com.my/amp/s/www.nytimes.com/2020/11/07/us/politics/biden-election.amp.html

By Jonathan Martin and Alexander Burns
* Nov. 7, 2020
Updated 12:48 p.m. ET

tkl88

8,712 posts

Posted by tkl88 > 2020-11-08 02:28 | Report Abuse

Joseph R. Biden Jr. achieved victory offering a message of healing and unity. He will return to Washington facing a daunting set of crises.

Joseph Robinette Biden Jr. was elected the 46th president of the United States on Saturday, promising to restore political normalcy and a spirit of national unity to confront raging health and economic crises, and making Donald J. Trump a one-term president after four years of tumult in the White House.
Mr. Biden’s victory amounted to a repudiation of Mr. Trump by millions of voters exhausted with his divisive conduct and chaotic administration, and was delivered by an unlikely alliance of women, people of color, old and young voters and a sliver of disaffected Republicans. Mr. Trump is only the third elected president since World War II to lose re-election, and the first in more than a quarter-century.
The result also provided a history-making moment for Mr. Biden’s running mate, Senator Kamala Harris of California, who will become the first woman to serve as vice president.
With his triumph, Mr. Biden, who turns 78 later this month, fulfilled his decades-long ambition in his third bid for the White House, becoming the oldest person elected president. A pillar of Washington who was first elected amid the Watergate scandal, and who prefers political consensus over combat, Mr. Biden will lead a nation and a Democratic Party that have become far more ideological since his arrival in the capital in 1973.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-08 02:53 | Report Abuse

Like that next Monday onwards world stock markets including our KLSE will spike up like mad already !

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-09 14:36 | Report Abuse

President Biden is favours to world trade !
World economy will start booming from today onwards !
And asian stock markets including KLSE will be in bull market from today onwards !
As at 2.10pm,
Hang Seng : 26,095.46 (+382.49) (+1.49 %)
Shanghai composite: 3,380.38 (+68.23) (+2.06 %)
Nikkei : 24,912.31 (+587.08) (+1.41 %)
Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %)
Korea Kopsi : 2,449.96 (+33.46) (+1.38 %)
Singapore STI : 2,611.34 (+32.66) (+1.27 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-09 23:00 | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-09 23:02 | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-10 00:38 | Report Abuse

Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-11-10 09:17 |

Post removed.Why?

Posted by bombominvest > 2020-11-10 09:23 | Report Abuse

0.34 is limit up don pump over!

Posted by Cash_Is_King > 2020-11-10 09:40 | Report Abuse

Buy now =)

Onlineone

152 posts

Posted by Onlineone > 2020-11-10 09:51 | Report Abuse

Pump and Dump!!.. aiyooo

ocpd

762 posts

Posted by ocpd > 2020-11-10 09:52 | Report Abuse

no worries, no matter how you pump i still won't fall into your trap haha

ocpd

762 posts

Posted by ocpd > 2020-11-10 09:53 | Report Abuse

AAX confirmed bankrupt vaccine or not haha

Onlineone

152 posts

Posted by Onlineone > 2020-11-10 09:54 | Report Abuse

ocpd ... This is very truee

Posted by Cash_Is_King > 2020-11-10 10:10 | Report Abuse

Seriously who cares whether AAX will bankrupt or not? As long as there is chances for investor to earn money? Lol

Posted by Rajaswaran Tharmalingam > 2020-11-10 11:10 | Report Abuse

The encouraging news and progress of Pfizer's COVID19 vaccine is great news and millions, if not billions of people are happy, and excited. This means, air travel and travelling in general will progressively head back to normal, and AAX is in a good position to gain back the business traction it severely needs. While risk is still there - I am definitely going to buy more shares and i wish all investors here, and AAX Organization the greatest of success... FLY AAX, FLY HIGH

MF0001

932 posts

Posted by MF0001 > 2020-11-10 12:01 | Report Abuse

KING OF HOLLAND STOCK!

STILL GOT PEOPO BUY?

LAST TIME ALL LOSE SO MUCH HERE!

NOW WANT TO GET RAPED PUBLICLY IZ IT?

GG

MF0001

932 posts

Posted by MF0001 > 2020-11-10 12:02 | Report Abuse

IF CREDITOR KNOW ABOUT VACCINE!

OREDI APPROVE LOANS MARH!

WAI CREDITORS DONT DARE TOUCH AFTER VACCINE?

CAUSE AIR ASIA HOLLAND OREDI LARH!

SO SIMPLE ANALYSIS!

MF0001

932 posts

Posted by MF0001 > 2020-11-10 12:03 | Report Abuse

SO BIG LOOPHOLE!

SO BIG DEBT!

CAN STILL RUN UP?

DELIST AND GIVE MALINDO AIRLINE IPO LARH!

Onlineone

152 posts

Posted by Onlineone > 2020-11-10 12:11 | Report Abuse

Rajaswaran?? come on.... AAX liabilities too high to recover. AAX good position?

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-11-10 12:17 | Report Abuse

Sold 7cts

Posted by Cash_Is_King > 2020-11-10 12:46 | Report Abuse

Fly fly fly xD

kasrim

2,493 posts

Posted by kasrim > 2020-11-10 12:56 | Report Abuse

buy la la apa lagi.. esok lagi mau naik oo..

EVO118

2,144 posts

Posted by EVO118 > 2020-11-10 13:25 | Report Abuse

Hope some of you took the 100% profit base on yesterday's price

EVO118

2,144 posts

Posted by EVO118 > 2020-11-10 13:27 | Report Abuse

Take the profit

mf

29,173 posts

Posted by mf > 2020-11-10 13:46 | Report Abuse

10 Nov | 01:36pm
Analysts expect stronger 4Q results for Kossan on higher glove...

Posted by Cash_Is_King > 2020-11-10 14:01 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2374279.html

WHO said something good on Phizer Vaccine

liegelord

341 posts

Posted by liegelord > 2020-11-10 14:57 | Report Abuse

this is too good... why i miss this out

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