so fast cancelled flight to maldives.

Price < 1.00 now
Gud time to buy?

has been like that since last week or so.

wondering if klia2 completion will boost it.

Maybe

PublicInvest Research maintains its 'outperform' call on AirAsia X Bhd (AAX) with an unchanged 12-month target price of RM1.29 per share.

According to the research house, AAX current share price has already reflected the weaker ringgit against the US dollar and the stiff competition from Malaysia Airlines (MAS).

"We remain positive on its long-term prospects and believe AAX can successfully execute its growth plans, in particular its hub-and-spoke strategic plans.

"AAX's upcoming hub in Bangkok will provide another growth engine for the airline," PublicInvest noted in its research note today.

On a separate note, AAX will be suspending its services to Male, Maldives effective from March 1. However, it will still maintain its four weekly flights to Colombo, Sri Lanka.

"Management cited challenging business conditions for the service termination. We were slightly taken aback that the flight to Male would be suspended in less than 6 months after it was launched (KL-Male-Colombo flights commenced on 28 September 2013).

"On the positive side, it reflected that AAX management is capable of taking swift action to terminate or suspend non-performing routes," said PublicInvest.

Tony threatened to halt AirAsia X Sabah plan, if forced to move to KKIA T1
http://www.dailyexpress.com.my/news.cfm?NewsID=88442

Very very very low now. Its excellent stock for buy and keep but you must have holding power.

Bought at 1.10..... so far from TP

Now only 0.945.

there's risk it could go even lower

How low can it get, I wonder?

I also donno

Yes, it just keep on dropping....and likely to drop some more.

End Oct '03 - 1.10
End Nov '03 - 1.04
End Dec '03 - 1.01
End Jan '04 - 0.975
Today - 0.945

Better not touch the counter, IMO.

Agree!

AirAsia X plunges into 4Q loss of RM131m
http://www.bursamalaysia.com/market/listed...cements/1548105


rm112mil forex loss in 4Qtr

This post has been edited by davinz18: Feb 25 2014, 06:15 PM

Holy Shit ! 5.5 cents loss per share....looks like AAX has to shed another 5-6 cents or so to reach below RM0.90 per share. No eye see !

This post has been edited by topearn: Feb 25 2014, 09:04 PM

looks like rm0.90 tomorrow

U predicted right, it's now RM0.895 after dropping 4 cents.

This post has been edited by topearn: Feb 26 2014, 09:47 AM

0.865

0.855 now.............

PER in negative after 3 quarters