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 Air Asia X : IPO, Air Asia X

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enron95 P
post Jul 22 2022, 10:59 AM

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Joined: Jul 2022
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.
user posted image
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/



 

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