PN17 critiria: the shareholders' equity of the listed issuer on a consolidated basis is 25% or less of the issued and paid-up capital (excluding treasury shares) of the listed issuer and such shareholders' equity is less than RM40 million
Quarter end 31th March 2023 the shareholders' equity is at positive RM 40.8 million. So AAX already out of PN17.
Importantly, AirAsia X’s shareholders’ equity has demonstrated a positive turnaround to RM40.8 million, from a negative shareholders’ equity of RM285.2 million in the preceding quarter, which now paves the way for AirAsia X to address its Practice Note 17 classification, subject to regulatory approval.
Don't think Tony will allow Capital A to die. Re-marriage of AAX with Capital A is one of the possible outcomes. Capital A share price is currently stagnant.
long term still very intact.... but price uncertainty hehe i thought will rebound today have to patient will be rewarded again this counter can greed abit if dare
Jedi said after catching all the Samurai swords, there will be no more Price Cutter through the stock. And the journey to the north will begin and reward you sll here. 🆒🔝🔜
Jedi said after catching all the Samurai swords, there will be no more Price Cutter through the stock. And the journey to the north will begin and reward you all here. 🆒🔝🔜
Jedi said defence is as important as offense. In defence, you need to catch all the Samurai swords. After that you can use all the Samurai swords accumulated to launch an attack in an offensive manner. The ethics of the Samurai.🇯🇵🥷
Uncle I3licker you sell call since AAX went into PN17, share price went up from 0.50 to 1.90. You keep sell call lah, maybe one day it will back to 0.50. Posted by i3lurker > 13 hours ago | Report Abuse
share price is NOT relevant if company cannot survive the latest Covid Wave in China 65 million new infections per week in China
you can pay RM0.005 or RM8.88 or RM88.88 its not relevant and does not matter if company no longer exists
Funny big funds wont sell so soon... esp so cheap 30 sens is ntg to them rm3 maybe they sell,, cheers ! everything looks good financially no worries honey pot is coming
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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....
Income
12,326 posts
Posted by Income > 2023-05-30 14:38 | Report Abuse
When is the PN17 title cancelled for AAX?
I will surely buy when this happens. 😂