19-July-2021 AirAsia X (Underperform, TP: RM0.01): Hearing to set aside enforcement of court judgment obtained by BOC Aviation fixed for 27 Oct. The High Court has fixed 27 Oct for the hearing of AirAsia X and AAX Leasing Ltd's application to set aside the foreign judgement obtained by its creditor BOC Aviation Ltd in the UK against the airlines to pay USD23.37m (RM96.84m) that is enforced in the Malaysian courts here. (The Edge)
Yes, backdoor PM will resign on Monday ! So, the new government will bring new hope and new confident to all the local & foreign investors enter into our market !
So, I think started from tommorrow, KLSE will have a big uptrend toward 1,800 to 2,000 pts !
AAX tommorrow will spike to above 0.10 and T.p by end of Aug 2021=> break above 0.20 T.p by end of Dec 2021=> break above 0.50 T.p by end of Mar 2022=> break above RM1.00 T.p by end of Jun 2022=> break above RM2.00
Superb, almost all the economy is re-open for start business started from tommorrow, Monday, 16-8-2021 ! KLSE really will started booming tommorrow onwards !
The government has agreed to open the tourism sector in several destinations under the ‘travel bubble‘ programme based on a list of conditions.
As reported by Utusan Malaysia, Prime Minister Datuk Seri Ismail Sabri Yaakob said, for a start, Langkawi Island was chosen as a pilot project to be reopened to local tourists on Malaysia Day, 16 September.
“We are pleased to inform that through the meeting, we agreed to open the tourism sector in several destinations under the “travel bubble” programme based on the conditions set. For a start, Langkawi Island has been selected as a pilot project to reopen to local tourists starting 16 September,” he said.
He added that it would not be long before other tourist destinations will also be a part of this project.
“Other tourist destinations will be allowed to operate when the locality vaccination rate reaches 80%,” he said.
In the quarter under review the Company has made provisions for the amount payable to its creditors where the Company is in default under the terms of the contract. The Company has made a provision of RM23.8bn in the current quarter though it should be highlighted that the contractual liabilities for which the provision is made will be waived upon a succesful completion of the proposed debt restructuring exercise.
I guess most of Malaysian are the creditors here.....I haven't received my refund....I already let it go and now they just do the provision for that. haizzz...no one willing to take over AAX cause still owning big amount of debt
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jeffreyteck
4,247 posts
Posted by Jeffreyteck > 2021-07-14 09:13 | Report Abuse
Special award for a company with negative nta (same with aa) but strongly supported by investors. Salute founder tony.