AIRASIA X BERHAD
KLSE (MYR): AAX (5238)
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1.91
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53 people like this. Showing 50 of 45,313 comments
After the rain comes the fair weather..
https://www.businesstoday.com.my/2024/11/20/mahbs-october-passenger-traffic-hit-11-million-up-10-4/
1 month ago
Governments of Norway, Sweden, Finland and Germany had just advised their citizens and large companies to prepare for War with Russia. Stockpiling raw mats. Bomb shelters guides etc👍🤜😁
1 month ago
2025/2026 "Golden Year"
https://www.businesstimes.com.sg/international/asean/airasia-founder-plots-low-cost-dubai-hub-bangkok-kuala-lumpur
1 month ago
More Flights..More Connectings,,More Revenue..
https://www.bernama.com/en/news.php?id=2366394#:~:text=KUALA%20LUMPUR%2C%20Nov%2022%20(Bernama,Minister%20Anthony%20Loke%20Siew%20Fook.
1 month ago
why buy aax where you have better choice in other mkts eg HK Cathay Pacific, PE less than 10, Div yield 7%. The share price is also uptrend currently...
1 month ago
Something very very fishy going on and I don't feel good. Normally AAX would disclose the financial result before Capital A. Is it going to an awful magic trick again
1 month ago
Is that Good? or fly,baby, fly...
https://newsroom.airasia.com/news/aax-3q2024-financial-results
1 month ago
2024-12-02
Price Target
AirAsia X Berhad - Stronger Quarter Ahead
Source : PUBLIC BANK, Price Call : BUY, Price Target : 2.47
Last Price : 1.90, Upside/Downside : +0.57(30.00%)
1 month ago
great QR but it was sell on news/facts hence giving me the opportunity to buy in at 1.93
1 month ago
https://www.orientaldaily.com.my/news/business/2024/12/13/699365
Walao er !
3 weeks ago
I didn't download Air Asia Move. Usually buying tickets via online. Nice and easy
3 weeks ago
Dow poised for first 10-day losing streak since 1974 after Fed signals fewer rate cuts: Live updates
3 weeks ago
Cap A will complete the recovery by Q4 this year.
2025 with all planes flying will reflect the full potential of the financial performance
AAX will be benefited after the merger.
2 weeks ago
AAX bought AAG for RM6.8B. With share swap of RM3.8B so AAX will only have to come up with RM3B in cash. With a potential revenues of RM11B, how long will it take for AAX to pay off the debt.
1 week ago
AAX did not come out with any money just take over AAGL by issuing AAX share to capA and AAB by take over debt owed by capA to AAB or in other word take over all the CapA Aviation net liabilities.
AAX then need RM 1 billion PP capital injection to stay afloat for another year.
If in FYE 2025 external auditor insist on impairment of goodwill then most likely AAX equity will fall into negative and send AAX into PN17.
1 week ago
As at 30/9/2024
CapA net current liabilities is RM (11,237,082,000)
Hope everyone know what current mean.
1 week ago
Technically capA is an insolvent company and survive on taking in more debts/bonds and keep rolling over debts/lease liabilities/payables and etc.
1 week ago
If AAX price keep going up do you think AAX able tp find investor/investors to take up the RM 1 billion PP?
And what will be AAX PP price?
1 week ago
Upon completion of the Proposed Acquisitions AAX NOSH will increase from 447.07 million into 3,639.72 million. Total borrowings, debentures and lease liabilities as at 31 December 2023 of RM 24,492.69 million (gearing ratio of 42.60 times)
1 week ago
who decide the value ? Valuer or Auditor ?
What was the valuers valuation for AAGL and AAB ? Acquired at premium or discount ?
with Cap A revenue increased from RM11B to more than RM20B in 2025 , will the value revise upside or downside ?
1 week ago
roll over of debt is a common practice for businesses. Did you read through in details the changes in Cap A Financial Statement throughout the years ?
1 week ago
is the financial performance strengthening or weakening ? look at their cash flow statement.
1 week ago
SP gonna higher and yet some jesters keep posting on losses,debts n history!
1 week ago
Ok then talk next quarter.
Repost:
30 September 2024: 30 June 2024
USD/MYR
Average rate 4.4566: 4.7323
Closing rate 4.1065: 4.7205
Quarter ended 30 Sep 2024
Foreign exchange gain/ (loss)
Realized: RM 74,800 000
Unrealized: RM 2,195,000,000
So if 30/12/2024 USD/MYR ended at 4.50 what will be the Foreign exchange losses?
1 week ago
Just a simple question if valuer valued a property as 10 million but that property is charged to bank for 5 million loan so are you going to pay the seller 10 million to take over the property and the loan?
Posted by TradingFUN > Dec 27, 2024 10:20 AM | Report Abuse
who decide the value ? Valuer or Auditor ?
What was the valuers valuation for AAGL and AAB ? Acquired at premium or discount ?
1 week ago
Goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively.
Is above answer you question: Acquired at premium or discount ?
External Auditor, are non-current assets: Deferred tax assets and goodwill subjected to yearly impairment?
“For illustrative purposes, as set out in the pro forma consolidated statement of financial position of our Group as at 31 December 2023 in Appendix VIII of this Circular, the goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively, based on the assumptions and parameters stated therein.”
Answer
1) Goodwill is subject to yearly impairment assessment; and
2) Deferred tax assets are assessed on a yearly basis to determine whether there are future taxable profits in which the deferred tax assets can be utilised.
1 week ago
Have you really read page 300 E&Y report:
After acquisation and capital reduction
AAX
RM'000
Total Shareholders' fund/equity: RM 574,645
Non-controlling interests: RM (1,837,900)
Total equity: RM (1,263,255)
1 week ago
Air passengers traffic continues recovery in November 2024
https://www.thestar.com.my/business/business-news/2025/01/02/air-passengers-traffic-continues-recovery-in-november-2024---mavcom
6 days ago
Good signal for another huge profit quarter. Let's continue the momentum to the year 2025.
6 days ago
Here are some of Swift Energy Technology Berhad's (SETB) peers:
PETDAG, BLDPLNT, DLADY, ALLIANZ, SUNCON, PCHEM, GCB, ABMB, KESM, and BKAWAN.
1 day ago
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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....
Good123
Tony Fernandes, the founder of AirAsia and the former owner of the budget airline Tune Pro, had strong personal and professional motivations for wanting to turn Tune Pro around and make it profitable again. These motivations primarily stemmed from his reputation, his investment in the company, and his belief in its potential. Here's why he didn't want to "lose face":
1. Personal Reputation:
Tony Fernandes is a well-known figure in the aviation and business world. He gained significant recognition for transforming AirAsia into a successful and profitable airline. His business success with AirAsia earned him a reputation as a capable and visionary entrepreneur. Failing to turn around Tune Pro would have negatively impacted his personal brand and credibility. Business leaders, especially those in the public eye like Fernandes, are often judged by the success or failure of their ventures. Failure to make Tune Pro profitable could have been seen as a sign of weakness or poor judgment, which he would have wanted to avoid.
2. Investment at Stake:
Fernandes had a financial stake in Tune Pro, and like any businessman, he would want to protect his investment. If Tune Pro had failed to turn a profit or had to close down, Fernandes would have lost the capital he invested and could have faced further financial losses. As an entrepreneur, it’s critical to show that you can make businesses successful, especially when you've made public commitments to the viability of a venture.
3. Brand Integrity and the Tune Ecosystem:
Tune Pro was part of a larger ecosystem of businesses under the "Tune" brand, which also included Tune Hotels, Tune Talk, and other ventures. As the owner of these ventures, Fernandes needed to maintain the integrity of the Tune brand. If one part of the ecosystem (like Tune Pro) failed, it could have had a ripple effect on the others, damaging the entire brand. Given his focus on building a strong, interconnected brand portfolio, turning Tune Pro around was crucial for maintaining the reputation of the whole group.
4. Leadership and Responsibility:
As a leader, Fernandes was known for his hands-on approach to his businesses. His leadership was often seen as a key reason for AirAsia’s success. Letting Tune Pro fail would have conflicted with his public persona as someone who takes responsibility for the performance of his companies. Business leaders like Fernandes often see their role as ensuring that their companies succeed, even in the face of setbacks. Failing to make Tune Pro profitable would have gone against his values of perseverance and commitment to his ventures.
5. External Perceptions and Investor Confidence:
Losing face also relates to the perceptions of other investors, stakeholders, and the market. Fernandes' ability to turn around struggling companies was likely scrutinized by investors, especially if Tune Pro was facing financial difficulties. A failure would have affected investor confidence in his management capabilities and could have impacted funding or partnerships for his other ventures. By ensuring Tune Pro's success, Fernandes protected not only his reputation but also his ability to attract future investments and business opportunities.
In conclusion, Tony Fernandes didn’t want to lose face because his personal reputation, financial investment, brand integrity, leadership responsibility, and external market perceptions were all tied to the success of Tune Pro. By turning the company around, he would have demonstrated his ability to overcome challenges and maintain his standing as a successful businessman.
1 month ago