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.

45,255 comment(s). Last comment by paulthesotong 3 days ago

btuscy

1,134 posts

Posted by btuscy > 2020-12-09 16:59 | Report Abuse

yea, i thought that can maintain 0.085, lol

Posted by giinyang520 > 2020-12-09 17:03 | Report Abuse

Agree with Dr Joel..surprise that it can hold and maintain...foundation seem forming now

btuscy

1,134 posts

Posted by btuscy > 2020-12-09 17:52 | Report Abuse

those bought at 0.110/0.115, be strong yea,

transaction conducted at level 0.085-0.095 shows good absorption and trading hands,Volume transacted today at 1billion good enough to form a support at 0.085. :) tomorrow will be a fun day as well.

btuscy

1,134 posts

Posted by btuscy > 2020-12-09 18:06 | Report Abuse

https://www.theedgemarkets.com/article/asian-nations-could-mandate-covid19-shots-travellers-says-tony-fernandes
[news December 09, 2020 17:00 pm +08]

giving hints :) upon vaccine confirmation everyone can fly!

Posted by Flytothesky2 > 2020-12-09 18:48 | Report Abuse

Thank you those who trap high. Now tony have enough fund to pay Asia India.

cicak man

1,134 posts

Posted by cicak man > 2020-12-09 19:41 | Report Abuse

https://www.theedgemarkets.com/article/shares-aax-airasia-active-morning-trade-bigpay-prospects

Airasia become along liao, along mesti mau banyak duit.

The group said yesterday that it already received provisional approval from the Housing and Local Government Ministry in mid-November to provide online loans under a community credit licence.

Besides, AirAsia also confirmed that it was exploring opportunities for a local airline presence in IndoChina, as mentioned in its third-quarter earnings press release recently.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-09 20:52 | Report Abuse

No wonder turun balik :)

Tata Group will reportedly stop dues payment to AirAsia Group if the latter fails to invest in AirAsia (India) by year-end.

Posted by Alexander78 > 2020-12-09 23:11 | Report Abuse

AirAsia's long-haul boom hits two stocks with more than 1 billion trading volume
Chinapress Wed, Dec 09, 2020 09:10 pm-31 minutes ago

(Kuala Lumpur, 9th) AirAsia (AIRASIA, 5099, main board consumption) hopes to be approved next year, and its business prospects are vigorous, making AirAsia and AirAsia X (AAX, 5238, main board consumption) the focus of investors today. Promoted to the top ten hot stocks list.

AirAsia opened at 90 sen this morning and started trading for one hour. It once reached the highest point of 7.5 sen or 8.5% to 95.5 sen, and ranked among the top ten most popular stocks. After the market closed, the market closed and reported 93.5 sen, an increase of 5.5 sen or 6.25%, but the half-day trading volume was 141.7 million 8600 shares; the market closed at 87.5 sen, down 0.5 sen or 0.57%, and the trading volume was 204,814,900 shares.

AirAsia X is more popular with investors due to its lower share price, becoming the hottest in the Malaysian stock market. The stock started trading at 7 sen this morning, and it soared 5 sen or 71.4% to the highest point in the intraday session of 12 sen in one hour; it fell back when the market was closed, hanging at 10 sen, rising 3 sen or 42.86%, with a trading volume of 923,296,700 share. The market closed up 1.5 sen, or 21.43%, to 8.5 sen, with a trading volume of 1,072.88,200 shares.

AirAsia's financial technology company BigPay loan business has been approved by the Ministry of Housing and Local Government (KPKT) in mid-November, so it can provide online loans under the Community Credit License. The company also hopes to obtain official approval from the Ministry in the first quarter of 2021.

In addition, AirAsia Group Chief Executive Officer Tan Sri Tony Fernandez pointed out yesterday that he is optimistic about the prospects for 2021 and will focus on expanding the business in Southeast Asia.

Posted by Alexander78 > 2020-12-09 23:11 | Report Abuse

tomorrow fly...

cicak man

1,134 posts

Posted by cicak man > 2020-12-09 23:27 | Report Abuse

@victoryong, news statement released at 11am, price still remain steady at 0.115-0.110. price drop was bound to happen after investor manage to get 150-200% gain. what do u expect? aax share price went from 0.035-0.08(130%) (0.08-0.120 50%) profit taking is bound to happen. 0.085 is a good closing point.

cicak man

1,134 posts

Posted by cicak man > 2020-12-09 23:31 | Report Abuse

another factor for profit taking was pressure from contra players as well, nontheless 0.085 is very good closing, and to be honest i was expecting it to close at 0.075 just now

btuscy

1,134 posts

Posted by btuscy > 2020-12-10 01:42 | Report Abuse

https://www.youtube.com/watch?v=9gML57GB8Io

good game tommorrow,tony fernandes did a media statement, Tony said will recover back to pre-covid condition next year. domestic will recover by february, regional will recover by june.

few highlights from him.
1. China will be the first travelers coming into malaysia :)
** tony said that AA fly the most from china/thailand/indonesia
**improve chinese/malaysia tourism.

2. he almost accidentally leaked info regarding the indochina deal :)

3. they have received award from china for covid precautionary. And very recent voted by australia regulator for safest airline[in terms of covid precautionary steps].

4. currrently they are very packed to prepare for the tourism products

5. They will release new function in the airasia app for passenger to upload their vaccination certs.

6. by next month will be using facial recognition for boarding pass :)
****** another hint possibly accidentally leaked that they increase their operation

7. He also highlighted AirAsia will be the first to benefit over short haul flight ( 4hours flight trip) he highlighted phuket, shenzhen, macau ;)

8. they rely on short haul :)and they will be the first to boom

ok congratulation for those who hold and bought on dip 0.085 from 0.120.

9 Airasia will be introducing lower fares fares. they have cut cost, salary reduction, operation cost reduced.

10. Tony even said that due to covid they have received more subsidies

Mearz1993

257 posts

Posted by Mearz1993 > 2020-12-10 06:27 | Report Abuse

jerung buy at 5sen will out by today....run away while u can. this stock is dead

xytraders

197 posts

Posted by xytraders > 2020-12-10 08:48 | Report Abuse

trap is real, talk much oso no use, lol..

Posted by deeross82 > 2020-12-10 10:18 | Report Abuse

Any idea TP AAX?

Posted by giinyang520 > 2020-12-10 10:26 | Report Abuse

Sky is the limit bro @deeross82

Posted by Alexander78 > 2020-12-10 10:32 | Report Abuse

bored today..no action lor

Posted by jackie_chan1542 > 2020-12-10 10:34 | Report Abuse

going back to sleep?

Smart2Win

126 posts

Posted by Smart2Win > 2020-12-10 10:59 | Report Abuse

So much is unknown about this AAX, buying it is like gambling.

11395861

417 posts

Posted by 11395861 > 2020-12-10 12:15 | Report Abuse

Wait until price drop to RM0.08

Joe

1,478 posts

Posted by Joe > 2020-12-10 12:25 | Report Abuse

Sell now.. Buy later.. Below 0.07cents

Joe

1,478 posts

Posted by Joe > 2020-12-10 12:25 | Report Abuse

This stock everybody waiting to sell

bjgdila123

3,470 posts

Posted by bjgdila123 > 2020-12-10 12:27 | Report Abuse

now everyone keep selli g

Joe

1,478 posts

Posted by Joe > 2020-12-10 12:27 | Report Abuse

Sell this... Buy Sunzen.. Good business development with China.. Potential stock....

lamy92

745 posts

Posted by lamy92 > 2020-12-10 12:28 | Report Abuse

I tpup more today.. TP this month 30sen

Posted by giinyang520 > 2020-12-10 14:38 | Report Abuse

lamy92 I tpup more today.. TP this month 30sen

TP for AAX 30 sens? Let us hope it can bro but short term 15-16 cents for me haha

tok_jeff

275 posts

Posted by tok_jeff > 2020-12-10 15:03 | Report Abuse

next TP is .130

btuscy

1,134 posts

Posted by btuscy > 2020-12-10 15:11 | Report Abuse

https://www.theedgemarkets.com/article/govt-awaits-agongs-consent-edict-covid19-vaccine-says-zulkifli

once DYMM Agong give confirmation on vaccine then only everyone can fly!

Jom123

171 posts

Posted by Jom123 > 2020-12-10 16:29 | Report Abuse

I'm a top-line man,' says Fernandes as AirAsia sees air travel returning strongly

swagger855

1,169 posts

Posted by swagger855 > 2020-12-10 16:45 | Report Abuse

Tonight pfizer fda approval

swagger855

1,169 posts

Posted by swagger855 > 2020-12-10 16:48 | Report Abuse

On friday vacinne will be shipped across usa.

Posted by Alexander78 > 2020-12-10 16:48 | Report Abuse

problem solve with tata

Posted by I3alfred > 2020-12-10 17:27 | Report Abuse

Anyone know today last deal before preclose was RM0.095, why Bursa made the price became RM0.09. Normally the last deal price before preclose is the preclose price, isn't it? These already happen three continuous days.

btuscy

1,134 posts

Posted by btuscy > 2020-12-10 17:41 | Report Abuse

Yea and i thought i was the only one who notice that too, its was suppose to be .095.

Aurora13

563 posts

Posted by Aurora13 > 2020-12-10 17:44 | Report Abuse

Yea brought down abit at the last second...

Aurora13

563 posts

Posted by Aurora13 > 2020-12-10 17:45 | Report Abuse

Now everyone can jab and fly haha

btuscy

1,134 posts

Posted by btuscy > 2020-12-10 18:37 | Report Abuse

there was 52 continuous buy of 0.095 before the pre close session, upon opening it directly went 0.09. its been multiple occasion they did this.

btuscy

1,134 posts

Posted by btuscy > 2020-12-10 18:56 | Report Abuse

https://www.theedgemarkets.com/article/im-topline-man-says-fernandes-airasia-sees-air-travel-returning-strongly

aviation industry are rallying up, and Tan Sri Tony Fernandes have given certainty that airasia will be among the first to benefit this rally upon government final arrangement on the Covid vaccination process.
========================================
https://www.theedgemarkets.com/article/airasia-group-discussion-tata-indian-jvs-future-says-fernandes

Apart from that Airasia group gave press statement that they are currently diligently discussing with Tata/indian JV.

Quoted Tan Sri Tony Ferandes ["Whether we should put money to continue in India or to expand in ASEAN, that's a discussion I am having with my partners in India and there will be some announcements one way or the other," Fernandes said.]
========================================

For the moment's conclusion i can say that we will definitely be expecting good news from the discussion.

Today's closing at 0.09 is a bit weird for me. 52 continous @0.095 before pre closing and upon reopening it transact at 0.09.

4pm - 4.45pm heavy buy transaction @0.095.

Today went well and it did not breach the 0.09/0.085 level and today's volume was quite good as well. Based on the daily chart, buying volume are increasing and investors seem be holding on to 0.09-0.095 level.

Tomorrow if we can maintain 0.095-0.10 monday will be marvelous!

Posted by Moneypenny > 2020-12-10 22:47 | Report Abuse

Hope tomorrow will be better...

btuscy

1,134 posts

Posted by btuscy > 2020-12-11 01:46 | Report Abuse

my personal at 40% unit tp1 will be 0.125 ,remaining 60% tp2 0.150. not going to unrealistic shouting tp 30c lol

btuscy

1,134 posts

Posted by btuscy > 2020-12-11 01:52 | Report Abuse

https://simpleflying.com/airasia-malaysia-ticket-sales/

AirAsia Sees Record Ticket Sales As Malaysia Opens Up

The first signs that his optimism could be warranted came a few days ago as Malaysia lifted its reinstated partial restrictions. As a result, the airline’s ticket sales soared.

ok tomorrow another rally :)

lamy92

745 posts

Posted by lamy92 > 2020-12-11 10:04 | Report Abuse

Buy now.. Tpup more before fly high the price

btuscy

1,134 posts

Posted by btuscy > 2020-12-11 10:16 | Report Abuse

lamy92 buy after 15c :P

tok_jeff

275 posts

Posted by tok_jeff > 2020-12-11 10:16 | Report Abuse

buying more

btuscy

1,134 posts

Posted by btuscy > 2020-12-11 10:20 | Report Abuse

good collection at 0.095 :) fly departing on monday :)

btuscy

1,134 posts

Posted by btuscy > 2020-12-11 11:18 | Report Abuse

start show 0.095 sold out

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