Posted by Sslee > 2023-08-29 12:09 | Report Abuse

Additionally, Class A and Class B creditors will be entitled to an annual profit-sharing mechanism, calculated based on the pro-rating of the payout pool, which equates to 20% of the excess over RM300 million of earnings before interest, taxes, depreciation, amortisation and lease rentals (“EBITDAR”) for the years 2023 to 2026

6 months end 30/6/2023
EBITDA : RM 460,852,000
Aircraft lease expenses: RM (28,119,000)

So how much cash flow will be on profit sharing payout to class A and Class B creditors?

Posted by 7chewe > 2023-08-29 12:22 | Report Abuse

possibility of announcement uplifment PN17 soon...

Posted by The_JQuestion > 2023-08-29 12:22 | Report Abuse

AAX (5238) which continues to see strong travel demand with four consecutive quaterly profits is on the right track to exit its PN17 status. Ready for take-off 🛫
By rakuten :))

Posted by mf > 2023-08-29 12:25 | Report Abuse

collect

Posted by Sslee > 2023-08-29 12:45 | Report Abuse

KUALA LUMPUR (Aug 29): Maybank Investment Bank (Maybank IB) Research has maintained its “buy” rating on AirAsia X Bhd (AAX) at RM2.48 with a lower target price (TP) of RM3.01 (from RM3.58) and said the carrier’s results came in below house's expectations due to higher-than-expected expenses.

In a note on Tuesday, the research house said it still expects the second half of financial year 2023 (2HCY2023) to be a lot stronger on seasonally higher demand and fares coupled with sequentially lower expenses.

Maybank IB said AAX swung from 1QCY2023 core net profit of RM42.5 million to 2QCY2023 core net loss of RM33.8 million as it had to lower fares by 32% quarter-on-quarter (q-o-q) to attract passengers during the seasonally slower 2QCY2023, and maintenance and overhaul (M&O) expenses surged 82% q-o-q to RM115.8 million as more aircraft returned to service.

Recall in a note on Thursday (July 27), Maybank IB Research aviation analyst Samuel Yin Shao Yang said that moreover, AAX is now effectively debt-free.
He forecast record core net profit of RM160.1 million for FY2023 and RM256.5 million for FY2024.

Is core net profit of RM160.1 million for FY2023 and RM256.5 million for FY2024 achievable/credible?

By the way, EBITDAR: RM 489 million so cash reserve to payout pool= 20% of RM 189 million = RM 37.8 million.

Posted by Sslee > 2023-08-29 12:51 | Report Abuse

KUALA LUMPUR (Aug 29): The proprietary day trading (PDT) and intraday short selling (IDSS) of AirAsia X Bhd shares have been suspended for the rest of Tuesday after its last done price fell by more than 15 sen or 15% of the reference price.

"The short selling under the PDT and IDSS will only be activated the following trading day, Wednesday, Aug 30, 2023 at 8.30am," said Bursa Malaysia in a filing on Tuesday.

So what will happen when The short selling under the PDT and IDSS will be activated tomorrow Wednesday, Aug 30, 2023 at 8.30am???

Posted by ks5S > 2023-08-29 13:13 | Report Abuse

no need to panic sell. People still like to travel and the flying business still good. Don't listen to those that want to buy cheap from you.

Posted by EatCoconutCanWin > 2023-08-29 13:44 | Report Abuse

I think buying on . Airline still good

Posted by EngineeringProfit > 2023-08-29 13:47 | Report Abuse

Can wait to buy in again later.....................for now, cheap can only get cheaper

Posted by EngineeringProfit > 2023-08-29 13:48 | Report Abuse

(And all the good news are out, unfortunately)

Posted by ks5S > 2023-08-29 13:58 | Report Abuse

don't worry. Tony very good in promoting his airlines.
Sure will break 3.00 one day.

Posted by EngineeringProfit > 2023-08-29 14:00 | Report Abuse

Will go above 4.50 in 2 years from now

Posted by Ahboy96 > 2023-08-29 14:07 | Report Abuse

patient

Posted by EngineeringProfit > 2023-08-29 14:10 | Report Abuse

Now wait for the best bargain price to buy in again. Be patient

Posted by mf > 2023-08-29 14:26 | Report Abuse

our analysts continue to hold a buy call albeit with a lower target price of MYR 3.01. They expect 2nd half 2023’s earnings to be strong on seasonally higher demand.

Posted by willc48 > 2023-08-29 14:33 | Report Abuse

overpriced stock AAX still struggling P&L worst than AAsia

Posted by mf > 2023-08-29 14:36 | Report Abuse

collect

Posted by EatCoconutCanWin > 2023-08-29 14:40 | Report Abuse

yup..buy now

Posted by ks5S > 2023-08-29 14:41 | Report Abuse

luckily never follow the panic seller this morning.
Now on the way recovering on the price.

Posted by mf > 2023-08-29 14:44 | Report Abuse

2.20 clear sold out

Posted by OnTime > 2023-08-29 14:48 | Report Abuse

it's backkkkk!

Posted by 7chewe > 2023-08-29 14:51 | Report Abuse

a few more booster

1.PN17 upliftment
2.AAX thai performance to be included.
3.AAX Q3 much stronger performance

Posted by mf > 2023-08-29 14:52 | Report Abuse

collect

Posted by OnTime > 2023-08-29 14:54 | Report Abuse

scary, aax is like a roly-poly doll

Posted by ks5S > 2023-08-29 14:54 | Report Abuse

going to announce out of pn17 soon.
moving up

Posted by Ahboy96 > 2023-08-29 15:03 | Report Abuse

can buy some now since is cheap... parking first

Posted by The_JQuestion > 2023-08-29 15:03 | Report Abuse

Not scary ... i dont even feel its bad. only manipulated by the sour grapes in this forum :)). Many good things to look up too , last call of discount

Posted by ks5S > 2023-08-29 15:16 | Report Abuse

aax still making profit.
Tony keep for the big profit after announce out of pn17

Posted by The_JQuestion > 2023-08-29 15:19 | Report Abuse

already broken the high of today , what does that mean? :)) so called expert only know when it drop like losers, losers know it best at losing :)
winners win by staying patient and not acting premature ( old and grumpy )

Posted by ks5S > 2023-08-29 15:22 | Report Abuse

i comfortably holding aax without any fear.
no one can fear me .

Posted by rr88 > 2023-08-29 15:28 | Report Abuse

Sell. Bcause capitala cannot rebound.
Drop 40 cents, rebound 20 cents.
Next it will drift lower to break todays low 2.05 n head 20cents lower to 1.80++.

Big talk but profit 5mil only in 3 mths.

After 1.80++ sideways it will go to 1.50++

Posted by ks5S > 2023-08-29 15:32 | Report Abuse

fortune teller coming out again

Posted by OnTime > 2023-08-29 15:43 | Report Abuse

price ends flat today

Posted by SinGor > 2023-08-29 16:32 | Report Abuse

aax profit depends on 2 items only after consolidation. 1) Ticket price 2) Oil Price.
Ticket price is falling about 15% from March to June. Oil price remains at $ 80
In 2019, Aax revenue was 1 billion but still lost RM200mil bcos Ticket price is Low. However average Oil price
in 2Q19 was just $66 ( now still $80 ) So Ticket price is King Marker But it is Falling
You think June to Sep 2023, AAX will make Big Net profit????????????

Posted by david1988 > 2023-08-29 16:50 | Report Abuse

See my statement....r88 and joyvest appeared whenever price drop...keluar tembak

Posted by BobAxelrod > 2023-08-29 16:52 | Report Abuse

Where is SSlee? Please take a bow.......you deserved it,.......... again.

Posted by david1988 > 2023-08-29 16:53 | Report Abuse

Share market sure got ups and downs don't make it like the end of the world... exaggerated la

Posted by SoloInvestor07 > 2023-08-29 17:36 | Report Abuse

Wah discount liao, who dare to buy now

Posted by Mtrade > 2023-08-29 17:48 | Report Abuse

CAPITALA posted 900m net profit

Posted by Mtrade > 2023-08-29 17:48 | Report Abuse

https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=3381285

Posted by Mtrade > 2023-08-29 17:48 | Report Abuse

Tmr Limit up already

Posted by OnTime > 2023-08-29 18:11 | Report Abuse

limit up, pn17 lifted, and tony doing the breakdance - all good!

Posted by izoklse > 2023-08-29 20:31 | Report Abuse

ok tomorrow reverse and it will potential go up

Posted by david1988 > 2023-08-29 20:45 |

Post removed.Why?

Posted by david1988 > 2023-08-29 20:47 |

Post removed.Why?

Posted by ks5S > 2023-08-29 20:55 | Report Abuse

very irritate guy..

Posted by izoklse > 2023-08-29 21:10 | Report Abuse

those want to recover can try HAPSENG. On reverse trend now. Maybe can recover your lost a bit la.

Posted by The_JQuestion > 2023-08-29 21:51 | Report Abuse

https://www.reuters.com/world/china/china-drop-covid-antigen-test-requirement-inbound-travellers-2023-08-28/
Comrades and friends, more good news . Low volume to china will not be a problem anyomore.
Note * : Only for like minds , not for those who wish to think everything about aax and capA is not real. It's just like a dream, a dream of starting from rm 1 to multi billions . Dropping down and flying to the skies once more. Not easy, if u think u couln't , u wouldn't. If u believe it, u can fly ! limit up skies :)

Posted by Eagle77 > 2023-08-30 07:47 | Report Abuse

Uplifting PN17 very soon!!! Limit up guys⬆️⬆️⬆️

Posted by paktua73 > 2023-08-30 09:13 |

Post removed.Why?