Posted by joyvest > 2023-03-22 09:11 | Report Abuse

Though AAX is relegated to PN17 , it is not due to ill-management but due to the unfortunate circumstances ie prolonged pandemic through no fault of themselves . The air transportation is still a necessity for international and regional cross borders. The volumes of passengers and flights have been increasing substantially since re-opening of the cross border travelling and so has been the revenue and profitability . Their huge accumulated loss is expected to be eliminated very soon.

The regularisation plan is expected to be submitted in April this year and approval is expected. The recent surge has been reflected of the said expectation.

Posted by bingoman > 2023-03-22 09:11 | Report Abuse

TOP up some at 1.32.

Posted by nicholas99 > 2023-03-22 09:20 | Report Abuse

yeah hold high price. so aax can raise more money. :) lol. unless you are banker of course or tony.

Posted by bingoman > 2023-03-22 09:21 | Report Abuse

buy at 1.3 now, later 1.4-1.5 sell loh, profit^^

Posted by bingoman > 2023-03-22 09:23 | Report Abuse

Those who listen TYOp up at 1.3 now sudah untung, other dont red eye ya

Posted by jinghee > 2023-03-22 09:35 | Report Abuse

i still remember last time i bought carepls 1.1 then up to 1.7x in 2-3 days and retrace back to 1.0x .. i still hold it tight... if not subsequently will not take profit at 5.20. Simple is last time covid ASP sky rocket share price sky rocket but in between it will wash out the unconfident people. Now is the other way reverse, AAX revenue still not back to the normal, they ticket pricing is above prepandemic level, last time have 20 plane with a lot of staff and occupancy rate is low and now is 7 plane with full occupancy with little staff. Recently i went to bangkok via Air asia and go and back with full passenger. I will hold even if they delisted. Delisted is not the end of the day, you still become the shareholder and i believe AAX will seek relisting again.

Posted by jinghee > 2023-03-22 09:38 | Report Abuse

Deadline is 28 april 2023. do you think possible that AAX will annouce QR before 28 April for Jan to March 2023 result and when it turn NTA positive there is no need any proposal.

Posted by nicholas99 > 2023-03-22 09:42 | Report Abuse

seems like capital raise at 1.30. syndicate control at 1.30.

Posted by anisayob > 2023-03-22 09:45 | Report Abuse

Tony could ask for extension of time to submit the regulation plan... He has done it before last year... Quarter report at the end of May... Dia nk announce awal ke lmbt ke ikut suka dia lah...

Posted by nicholas99 > 2023-03-22 09:45 | Report Abuse

goreng from 0.750 to 1.30 to capital raise at 1.30. :)

Posted by joyvest > 2023-03-22 09:47 | Report Abuse

Regularisation plan is still required to be submitted as a formality despite of the handsome upcoming QR. But the regularisation plan is favourable to be approved once the handsome upcoming QP is released.

Posted by nicholas99 > 2023-03-22 09:47 | Report Abuse

dilution is real.

Posted by joyvest > 2023-03-22 09:51 | Report Abuse

dilution is unavoidable as the company is need of equity finance as working capital . The company need to obtain more fleets of aircrafts to meet the ever increasing demands worldwide. Other new airlines such as myairline and others are faced with the same issues. Business is too good to be true but it is true

Posted by julian1981 > 2023-03-22 09:54 | Report Abuse

was flying with AAX yesterday ..it was full house even on weekdays..seems like buss is picking up very well.

Posted by joyvest > 2023-03-22 10:03 | Report Abuse

Thats why I say there is no cause of concern. I dont understand why youtubers and others keep emphasizing PN 17 status which is pointless for the reason already stated above.

Posted by mlike > 2023-03-22 10:06 | Report Abuse

When after speed bump…..

Posted by jinghee > 2023-03-22 10:07 | Report Abuse

I think dilution maybe not needed for working capital as they can have sales in advance, they can use the sales in advance money for working capital. And as for increase aircraft, Tony might lease the aircraft instead of buying, he had done so for previous year.

Posted by sense maker > 2023-03-22 10:22 | Report Abuse

Only 415m shares in issue. Half are tightly owned. Over last 3 days of falling till now, more than 100m shares were traded. Those who wanna sell mostly have already sold. A bottom may have been found at current price.

Asset injection will be paid for via aax shares which surely have to be set at fair value. This is not right issue for aax, so no discount. The vastly increase in shares in issue will wipe off accumulated losses of aax.

Stand-alone aax will b worth at least RM4. The potential dilution after asset injection depends on valuation of capital A aviation biz, which may not b too high given the high debts it brings over to aax, and a double digit ROI for aax is not that bad too.

A very important factor delaying the reorganisation is negotiations with creditors of capital A on how much haircuts to debt will be taken by creditors. This will determine capital a final valuation. Ultimately, aax should do well because air travel is booming.

Posted by bingoman > 2023-03-22 11:03 | Report Abuse

Keep up, sudah untung for those enter at 1.30, profit ^^

Posted by nicholas99 > 2023-03-22 11:03 | Report Abuse

all want help aax raise capital at 1.30. gogogo

Posted by nicholas99 > 2023-03-22 11:04 | Report Abuse

aax would buy it from capital a to reduce capital a debt. i presume so. its one stone 2 birds.

Posted by nicholas99 > 2023-03-22 11:05 | Report Abuse

but aax will suffered a bit.

Posted by nelsonlim > 2023-03-22 12:02 | Report Abuse

So today candle how

Posted by bingoman > 2023-03-22 12:50 | Report Abuse

so boring price keep ding dong 1.32-1.36, i play HSI sudah 2 round trip

Posted by nelsonlim > 2023-03-22 13:02 | Report Abuse

Hsi nice a?

Posted by bingoman > 2023-03-22 13:47 | Report Abuse

HSI risky. if you got heart disease better dont touch.

Posted by bingoman > 2023-03-22 13:48 | Report Abuse

ALL price manipulate by MM. Just follow MM, dont go against MM.

Posted by hodl2021 > 2023-03-22 13:51 | Report Abuse

Pukul kapal terbang cannot avoid

Posted by hodl2021 > 2023-03-22 13:53 | Report Abuse

Service charge for pukul kapal terbang can used to subscribe Right issue

Posted by cotyijipi > 2023-03-22 13:58 | Report Abuse

Momentum habis

Posted by hodl2021 > 2023-03-22 14:17 | Report Abuse

the only way is to belon back to billion share ,and consolidate another round

Posted by Income > 2023-03-22 14:19 | Report Abuse

Addiction to AAX???

Posted by TERSHEN > 2023-03-22 16:16 | Report Abuse

Engine starts again

Posted by nelsonlim > 2023-03-22 16:17 | Report Abuse

aax candle how ady?

Posted by bingoman > 2023-03-22 16:19 | Report Abuse

sudah FLY. sorry for those degil dont wan listen enter by 1.30 this morning

Posted by nelsonlim > 2023-03-22 16:21 | Report Abuse

so got three black crow?

Posted by EatCoconutCanWin > 2023-03-22 16:25 | Report Abuse

Woi... Don't forget that you get UMA before. Don't up ok. Why so no listen one

Posted by nelsonlim > 2023-03-22 16:27 | Report Abuse

AAX TP reached ady hehehe

Posted by xuxu > 2023-03-22 16:27 | Report Abuse

ada daging lagi hehe

Posted by bingoman > 2023-03-22 16:29 | Report Abuse

manyak sudah red eye did not enter at 1.30 ^^

Posted by bingoman > 2023-03-22 16:29 | Report Abuse

sell dah, sudah kenyang ^^

Posted by nelsonlim > 2023-03-22 16:29 | Report Abuse

daging sampai 155 but fomc tak mau risk more

Posted by bingoman > 2023-03-22 16:30 | Report Abuse

got untung lari lah, dont hold long long

Posted by bingoman > 2023-03-22 16:30 | Report Abuse

wait next enter time

Posted by xuxu > 2023-03-22 16:31 | Report Abuse

dah jual 1.45, beli sikit je untung sikit dah puas

Posted by dericsia > 2023-03-22 16:35 | Report Abuse

AAX is ready for departure again. RM1.46. Tomorrow RM1.65

Posted by xuxu > 2023-03-22 16:37 | Report Abuse

departing so many times ? hehe

Posted by iamismail > 2023-03-22 16:39 | Report Abuse

capitala coming

Posted by nelsonlim > 2023-03-22 16:41 | Report Abuse

eh all tulis malay, i also tulis malay la

Posted by TERSHEN > 2023-03-22 16:44 | Report Abuse

esok 1.65 lagi
nanti kena UMA lagi