What happen to this counter actually? Now it has gone below RM0.25. Dont see any sign of recovery.

is now the good time to buy in?

Techically: horrible

Fundamental: loss making. Analysts also scared to be bullish. So, question is, do u have any special insights that fundamentals will change? Other than what TF says?

My friend bot this at IPO.. 100k placement shares. Didn't cut loss.. Believe in TF. Kesian my friend.

I was told this company is AirAsia's dumpster where AirAsia transfers all it's depreciation to this company. Is it true?

I don't know about that.. But as I understand it, the business model of a long haul low-cost carrier is difficult to make money. U already hv bankruptcy for some airline trying this model (Wow Air) .

This post has been edited by Cubalagi: Jul 29 2019, 05:25 PM

0.105

Malindo Air asks staff to take up to 50pct pay cut to cushion Covid-19 blow

KUALA LUMPUR: Malindo Air has ordered its staff to take up to a 50 per cent pay cut and two weeks unpaid leave as the Covid-19 coronavirus epidemic hurts air travel demand and the broader industry, according to a memo sighted by Reuters.

In a company-wide memo sent on Friday, chief executive officer Mushafiz Mustafa Bakri said the airline has implemented several measures to cope with the revenue shortfall, including suspending flights, appealing to suppliers to defer payments, and asking staff to volunteer for unpaid leave.

https://www.nst.com.my/news/nation/2020/03/...n-covid-19-blow

Believe this will occur at other airlines, hotels and hospitality business.

ManutdGiggs

So fun minizer wats ur con plan to cheat ur clients???

Waiting to buy foreclosure properties for rental.

This post has been edited by icemanfx: Mar 8 2020, 06:56 PM

Who holding this since IPO

Wise move

Isn't AAX in a higher risk compared to AA????

what do foreclosure properties mean?

Getting nearer to nearer to closing down.

going to be reversal trend.I'm holding for long

Mind to share how long ?

I hold it since 10 years ago at 0.75 and never had any dividend before

This post has been edited by babygrand123: Mar 10 2021, 09:33 PM

have to wait for 2-3 more years i think.the chart looks like it's going to be uptrend.correct me if i'm wrong

AirAsia X successfully compensates over 270,000 cancelled bookings due to the pandemic with a five-year travel voucher worth more than US$92 million

AirAsia X to resume flights to Auckland, Melbourne and Perth, fares start from RM499

I think the AAX is not very good based on current parameters on 22 Jul 2022 for buyers.
i) From a technical analysis of the price trend perspective, there is the double top and downtrend.

Link= www.stochie.com/?tick=5238.KL

ii) From its financial statement, the latest quarter earning/profit is high as it sells off its asset to pay off its mounting debts. I believe it is a good move but I have to point out that if a company's value is measured by its assets, the current assets of AAX are mediocre at most.
Link= www.stochie.com/trends/5238.KL/

Hope AAX dont suddenly move back to Avalon Airport.

Aax buying off aviation arm from capital A? So as a guy who holds capital A shares but is in it because of aviation have I been screwed over?