AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

1.94

Today's Change

+0.04 (2.11%)

Day's Change

1.90 - 1.95

Trading Volume

2,726,600


52 people like this.

45,255 comment(s). Last comment by paulthesotong 2 days ago

rr88

6,532 posts

Posted by rr88 > 2023-06-09 16:59 | Report Abuse

Thats all folks!
Come back monday, dont be late.
Big money for you.

i3lurker

14,388 posts

Posted by i3lurker > 2023-06-09 17:00 | Report Abuse

I already told you long ago from the number of shares to be issued

rr88

6,532 posts

Posted by rr88 > 2023-06-09 17:01 | Report Abuse

You see. 4k in pocket. All shares released. No stress, no headache. Clean mind, stress free to start new trading week next week.

Learn from master, learn from sifu!

ks5S

4,601 posts

Posted by ks5S > 2023-06-09 17:15 | Report Abuse

fake sifu

ks5S

4,601 posts

Posted by ks5S > 2023-06-09 17:16 | Report Abuse

kaki kong kaki song

Eirzam

40 posts

Posted by Eirzam > 2023-06-09 17:37 | Report Abuse

Soli2..x perasanggg 😅

i3 sucker cakap 50 sen,bukan saya...kikiki


Eirzam > 6 minutes ago | Report Abuse

klee - 8.50 is a good price

ks5S

4,601 posts

Posted by ks5S > 2023-06-09 17:51 | Report Abuse

this chart shows this time it will go straight line to 2.50

purple70

269 posts

Posted by purple70 > 2023-06-09 17:58 | Report Abuse

ONe guy said it well....this gain from on others misery is akin to cheating!

The sAAX stock already value pried at RM170 at current profits and info.. No good news expected this 2nd Q slow season...so, why lock up funds and call yrself as strategist waiting for long term when it will be lower than 1.50 incoming mths before ascending!

Never be Greedy!

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-06-09 19:42 |

Post removed.Why?

joyvest

10,533 posts

Posted by joyvest > 2023-06-09 20:45 | Report Abuse

Based on chartist, it should be uptrend on Monday but whether it materises or not remains to be seen.

icecool

5,026 posts

Posted by icecool > 2023-06-09 21:32 | Report Abuse

wah rr88 admit mistake woo, so how now newbie? no more grandmaster ?

Posted by EatCoconutCanWin > 2023-06-09 22:00 | Report Abuse

Next week target rm2.20

joyvest

10,533 posts

Posted by joyvest > 2023-06-09 22:12 | Report Abuse

Issued price for PP is 1.55 based on average 1.7.

PP subscribers will be happy with their instant gain of 35c.

joyvest

10,533 posts

Posted by joyvest > 2023-06-09 22:12 | Report Abuse

ECCW sure wins now

icecool

5,026 posts

Posted by icecool > 2023-06-09 23:11 | Report Abuse

wah!!! push up then PP, so next week how ?

Posted by GoldenBull66 > 2023-06-10 02:00 | Report Abuse

OPEC oil output cut didn't push the oil price up. Good news for AAX. Coming QR will continue to see massive profits as the air tickets remained high and the air traffic continue to surge higher towards pre-covid level. Which mean biz continue to be good in 2nd QR. PP is old news, already priced in previously. More funds, more planes with zero interest. The fact that AAX is going to fly higher due to almost zero debts, and yet highly profitable atleast for the rest of 2023.

The only thing that going to cause the share price to collapse would be taking over Capital A airlines biz along with their massive debts.

Posted by GoldenBull66 > 2023-06-10 02:18 | Report Abuse

Talking about the restructuring, AAX would want to push the share price higher so that they won't need to issue so many shares to buy over the airlines from Capital A. Don't think Bursa would allow AAX to issue so many new shares in short time too.

Posted by David Gunter > 2023-06-10 08:10 | Report Abuse

Out of PN17 in a few more months. Clean books and lots of popit coming in each QR

ks5S

4,601 posts

Posted by ks5S > 2023-06-10 09:39 | Report Abuse

keep longer to reach 3.00 once out pn17

ikenduit

581 posts

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

will be out soon

joyvest

10,533 posts

Posted by joyvest > 2023-06-10 10:55 | Report Abuse

Thats correct, ,they will try to push higher and higher so that the number of shares to be issued to Cap A would be lesser. Currently , the existing share base of AAX is 414m shares, to issue more than double of 414m would certainly face backlash form the existing shareholders of AAX.

joyvest

10,533 posts

Posted by joyvest > 2023-06-10 11:01 | Report Abuse

So how are you getting on with the recent candlesticks ? Based on the theory, it should be uptrend but it might not be in reality.

Posted by David Gunter > 2023-06-10 14:44 | Report Abuse

RM3 coming in the next few weeks

The_JQuestion

1,697 posts

Posted by The_JQuestion > 2023-06-10 15:36 | Report Abuse

rr18 sifu so happy of his intra gain 5 sens by selling at 1.91 ... grandmaster contra kaki dont even own index stocks no fundamentals

Michael Kwok

6,439 posts

Posted by Michael Kwok > 2023-06-10 16:48 | Report Abuse

Price 1.91
Let see 1.66 will hold or not
10/6/23 4.48pm.

DoubleO

78 posts

Posted by DoubleO > 2023-06-10 17:15 | Report Abuse

The sales for AA flights will commence at 10am tomorrow.

Posted by David Gunter > 2023-06-11 09:36 | Report Abuse

Break 1.96 next stop challenging 2.16 and beyond

joyvest

10,533 posts

Posted by joyvest > 2023-06-11 11:20 | Report Abuse

I doubt it cos the market is nervous about the upcoming interest rate to be set by the U.S. Federal Reserve next week.

DoubleO

78 posts

Posted by DoubleO > 2023-06-11 11:29 | Report Abuse

The overwhelming demand for flight tickets is causing AA websites to experience longer-than-anticipated buffering times, resulting in many individuals being unable to secure their bookings.

Posted by David Gunter > 2023-06-11 13:40 | Report Abuse

The Feds will likely pause

klee

3,525 posts

Posted by klee > 2023-06-11 14:21 | Report Abuse

rr88 is just a sifatt with no knowledge of developing world events and without the guts to hold longer than 24 hrs,this type will only earn peanuts,yet thinking himself is sooooo great...lolz

klee

3,525 posts

Posted by klee > 2023-06-11 14:23 | Report Abuse

Fed will not dare to kill the mkts and will be forced to pause this month unwillingly even though inflation in usa is still far frm their ideal 2 %

klee

3,525 posts

Posted by klee > 2023-06-11 14:25 | Report Abuse

It is no surprise that sifatts like rr88 missed greatec frm rm1 to rm9,and supermx frm rm 3.6 to rm24.00 etc

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-06-11 14:34 |

Post removed.Why?

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-06-11 14:43 |

Post removed.Why?

Ravi Kumar

3,649 posts

Posted by Ravi Kumar > 2023-06-11 21:36 | Report Abuse

Very exciting week for AAX sure to breach the 2.16 level this week

speakup

27,014 posts

Posted by speakup > 2023-06-11 22:05 | Report Abuse

Tony will save Aax or Capitala? He can only save 1. Which one?

Posted by GoldenBull66 > 2023-06-12 00:08 | Report Abuse

Tony will save both. AAX will take over the airlines. But surely AAX will not able to save capital a alone by issuing new shares Capital A will need restructuring and new investment. Both AAX and capital A will continue to raise new funds. PP placement by AAX. capital A already secured usd100m for it's MRO biz. Never write off the Tony. He survived the toughest period.

Sslee

6,810 posts

Posted by Sslee > 2023-06-12 06:49 | Report Abuse

Just a gentle reminder:
Technically CapitalA is an insolvent company. Period

As at 31/3/2023: As at 31/12/2022
RM'000: RM'000
Net current liabilities: (8,524,896): (8,509,066)

Equity
Owner of the Company: (5,553,254): (5,725,093)
Non-controlling interests: (3,822,946): (3,791,865)

With Net current liabilities of RM(8,524,896,000) can CapitalA stay afloat for the next 12 months?

Q1 ended 31/3/2023
Revenue: RM 2,529,713,000
NP: RM 26,013,000
NP to SH: RM 57,095,000
EPS: 1.40 cents
NAPS: RM - 1.33

Posted by StartOfTheBull > 2023-06-12 08:00 | Report Abuse

Below was his another "gentle reminder." Does he remember?
********
5,642 posts

Posted by StartOfTheBull > 1 day ago | Report Abuse

AAX was RM1.25 two months ago.
*****
From AAX forum:
1,678 posts

Posted by Sslee > 2 months ago | Report Abuse

Someone do not know AAX and CapitalA is a PN17 company!!!

sinkalan2015 AAX to go PN17? look at the demand right now! Their recent promotion, i can't even get a single ticket to Taiwan or Japan. This year's tickets fully sold out! Just wait for the next QR

i3lurker

14,388 posts

Posted by i3lurker > 2023-06-12 09:20 |

Post removed.Why?

Posted by GoldenBull66 > 2023-06-12 09:23 | Report Abuse

Technically he is correct. Capital A is in big trouble. And AAX is not. Capital will need restructuring before can be saved by AAX.

i3lurker

14,388 posts

Posted by i3lurker > 2023-06-12 09:48 |

Post removed.Why?

i3lurker

14,388 posts

Posted by i3lurker > 2023-06-12 10:01 | Report Abuse

just after rr88 buys AAX drops

joyvest

10,533 posts

Posted by joyvest > 2023-06-12 10:07 | Report Abuse

Now then the PP has been approved by SC, the additional shares of 52 m subscribed by PP investors will be released to flood the market, hence a cascade of falls is expected anytime from now .... Mind you the PP issued price is RM 1.55, the instant gain for PP investors would be RM 0.30 at least ( as at point of this writing,the market price stands at RM1.86).

joyvest

10,533 posts

Posted by joyvest > 2023-06-12 10:10 | Report Abuse

Though CAP-A is technically insolvent with - NTA RM 9b, both AAX and Cap A need to zeroise this -NTA. How much AAX is willing to assist financially remains to be seen. As said, the existing share capital of AAX is 414 m, any issuance of new shares of more than double 414m would receive backlash from the existing shareholders.

i3lurker

14,388 posts

Posted by i3lurker > 2023-06-12 10:14 | Report Abuse

only a small amount of AAX shares will be issued = 5,000,000,000
AAX shareholders dun mind donation for a good cause.
CapA purchase is considered done and completed with minority control already done

joyvest

10,533 posts

Posted by joyvest > 2023-06-12 10:23 | Report Abuse

5 billions shares is equivalent to RM 9 b ( assuming issued price is 1.80 ). I doubt AAX would issue such a horrendous no. of shares and such would certainly be protested by the shareholders of AAX. Cap A shareholders are laughing at the sacrifices of the lamb offered by AAX

Posted by EatCoconutCanWin > 2023-06-12 10:42 | Report Abuse

India tycoon invest in aax. Black forest team

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