AAX Stock Forum

$AAX (5238.BMS)$
The strengthening ringgit is setting the stage for AirAsia X's next big move! With reduced costs and growing demand, AAX is poised for a strong recovery. Watch to see how this could impact their bottom line and what’s on the horizon!

$AAX (5238.BMS)$
AirAsia X Bhd (AAX) could see a rebound after its recent pullback from the recent high of RM1.62 on July 29 to close at RM1.34 on Aug 27.
What’s exciting for the budget carrier is that the stronger ringgit will have a positive impact on its bottomline. AAX stands to benefit from a stronger Ringgit, which has gained 7.7% since the beginning of July to RM4.35 per USD currently. Ultimately, the airlines wil incur lower...