Aviation biz is not easy as it is thought,certainly not to be taken over by tom,dick and Harry or proxy of creditors. License is one thing, effective and efficient operation is another thing.u may ask berjaya to take over but they still need people like Tony to manage......
RP submission soon. Capital A unexpected request for extension raise question whether AAX would do the same.
Please note that AAX at the moment is almost zero gearing. The NTA is positive. And they likely need just 1 more QR to get their NTA up to 80sen. Their RP is virtually done and dusted. So why would they want to delay getting out of PN17? They are a separate entity than capital A. Different management. Bursa likely would reject 3rd extension request too. AAX is probably the only airline with almost zero gearing. D day on 28th July. That would really determine the share direction.
alot people still day dreaming, support 1.66 broke already, take your profit and run now, this share has turned bearish, it wont go back to RM2.00 anymore
Details of corporate proposal Placement of 32,258,066 new ordinary shares in AirAsia X Berhad ("AAX"), representing approximately 7.78% of the total number of issued shares of AAX
No. of shares issued under this corporate proposal 32,258,066 Issue price per share ($$) Malaysian Ringgit (MYR) 1.5500
Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following
Units 447,072,803 Issued Share Capital ($$) Malaysian Ringgit (MYR) 51,029,078.110 Listing Date 15 Jun 2023
Announcement Info Company Name AIRASIA X BERHAD Stock Name AAX Date Announced 14 Jun 2023
dont listen to so called sifu... they not helpin u to win money previously at capital A they cry drop to 0.50 it nvr even drop from 0.75 ..... always wan cheap tickets by making u sell !!
sad, still got alot of naive day dreamers here, tony is not responsible for the share price, no agreement written that he has to compensate pp shareholders if the share price keep dropping . This AAX technical chart is now turn to downtrend, money is yours, think about it.
Don't listen to bullshit....listen to your heart....u know this counter is gone. I don't envy people. I say what I know. And I have been saying run a long time ago. I myself was holding 285 lots of cap A and 58.2 lots of aax....I sold everything
listen to ur heart is the worst advise someone can give in the stock market... it is the reason ppl lose their fortunes... need to be smart and take oppurtunities... thats how u win ,, logic when ppl not logic and look for oppurtunities!
Few of pn17 gem in bursa now. AaX and eatech. Both have started getting profitable quarters for the last 3 quarters and for sure no issuee with reg plan. Both are in wave 5. Eatech my target 60-1.05 and aax rm2.50-3.00 before or after pn17 uplift.
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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....
joyvest
10,533 posts
Posted by joyvest > 2023-07-11 13:25 | Report Abuse
Aviation biz is not easy as it is thought,certainly not to be taken over by tom,dick and Harry or proxy of creditors. License is one thing, effective and efficient operation is another thing.u may ask berjaya to take over but they still need people like Tony to manage......