I think aax is still undervalued even it's standing RM1.68, quarterly start to turn profit, recovery shows sign, the recent up could mean they are going to exit PN17 status soon. Fair value should be at least RM2.4 if recover to before covid level.
You can see the liability for advance sales have rm600-700mil. Meaning this coming qr the revenue is still strong. Advance sales is consider as liability because they collect the payment in advance. But this money owe to customers do not need to pay interest.
AAX either goes limit up or limit down....Operator might clear abit of his position....hope not the same operator as PICORP.... Able to drop 40%....next day 30%
https://youtu.be/fV2S5jbsOHM Dear youtuber, please do not give false or mislead people. Sales in advance compare to last year is comparable in balance sheet AS At. So it is correct. But for your comparation Fuel expenses Staff cost Aircraft maintainance
You are using 1 quarter compare to cumulative 4 quarter. It is not right ! Do you aware of this? Please correct your video.
LOL all the noob got trapped. told you before don't be greedy. Those who have taken profit and wanna buy back, don't rush. Wait till it falls below RM1. If you really want to buy, buy Capital A.
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....
7chewe
397 posts
Posted by 7chewe > 2023-03-18 13:02 | Report Abuse
just to note 10 Feb 2022, AAX share consolidation 10 to 1.
so base on that now 1.68 is equal to only 0.168
currently ups due to last 2 quarter results showing great improvement n profitability
post covid, china opening, world travellers back to normalcy, proposal to out from PN17
if you think its still cheap...better ADD/BUY, but if you think its expensive, then do not (dump)
Choice is yours ;)
*do not forget, buy on rumors SELL on news