Nok Airlines Public Company Ltd (CE) (NOKPF) News

Yea, it's going to take a long time to recover. This is just one of my bags. Never thought it'd take this long

Still sitting on my 100,000 shares bought at .06

+233% on 150 shares

+460% on 200 shares lol

There's still hope. We're still in business.

https://www.bangkokpost.com/business/2550910/nok-air-unfazed-by-thai-merger-proposal

https://www.bangkokpost.com/business/2550910/nok-air-unfazed-by-thai-merger-proposal

What does the Market Maker Code 500 Mean? The market maker code 500 signals “gap the stock” either upwards or downwards from the current trading price. This typically applies especially when the stock is trading in a sideways market, not trending up or down.

Old news.

22.09.2022 - 03:42 UTC

Following the Stock Exchange of Thailand (SET) warning of a possible delisting, Nok Air (DD, Bangkok Don Mueang) is ramping up its restructuring efforts. The new strategies, announced in a September 16 filing to the SET, go beyond the steps agreed to under the court-supervised business rehabilitation process that the airline is currently working through.
Nok Air CEO Wutthiphum Jurangkool said in the filing that a fresh focus on capital restructuring, debt restructuring, and some operational changes would avoid the possibility of delisting and deliver better value for shareholders, including parent company Thai Airways International (TG, Bangkok Suvarnabhumi).
"The Company has plans for capital restructuring by increasing the capital according to the rehabilitation plan to ensure that the Company’s business will resume efficiently and get the most benefit, which will drive the shareholder equity to become greater than zero," said the CEO.
The debt restructuring process will now include an "improvement of fleet and type of aircraft utilization," with a bigger focus on international routes to target larger revenues, including opening a new route to Taipei Taoyuan and unspecified cities in India by the end of 2022. Frequencies on existing international sectors to Ho Chi Minh City and Yangon are also increasing. Presently, between 85%-90% of Nok's passengers are Thai locals, a customer base the CEO wants to broaden.
Coinciding with the SET update, Nok Air said it was axing the domestic Bangkok Don Mueang - Yala Betong and Chiang Mai - Nakhon Ratchasima routes, the latter only launched in early August. However, Jurangkool says overall, flight frequencies will increase by 14%. He's also keen to increase aircraft utilization rates from the current eight hours per day to around 11-12 hours.
In July, ch-aviation reported that Nok Air was eyeing opening a Bangkok Suvarnabhumi base and was keen on acquiring additional B737-800s. According to the ch-aviation PRO airlines module, Nok Air is now flying to 29 destinations in four countries using a fleet of four DHC-8-Q400s and thirteen B737-800s. All but one of the B737s are leased.
Since the onset of Covid-19, Nok Air has retired six B737-800s and five DHC-8-Q400s. But the CEO told Thai media this week that the six B737-800s would be returned to service, with one scheduled to return later this year and the remaining five as market conditions require. He added that while the airline market in Thailand is recovering, the airlines based there aren't out of the woods yet, and ongoing government assistance is required. Jurangkool used this week's media rounds to call on the Thai government to consider reducing or waiving aviation-related fees.
In addition to amending aircraft leases and restructuring existing debt which are standard aspects of the business rehabilitation process, Jurangkool said there will be a focus on improving technology, service, promotions, and cargo capabilities at Nok Air. This week, the airline also confirmed that ST Engineering had secured a five-year maintenance-by-the-hour (MBH) of its B737-800 fleet.
Noting the improvement in travelling conditions and a broader recovery in global aviation, Jurangkool says Nok Air is "confident that it is in the better direction and return to normal business operations with improved performance."

Nok air is going INTERNATIONAL.

https://airwaysmag.com/nok-air-india-vietnam/

I'm right with you there brother

Yes as do i

It will most likely be one of my longest long term holds

I just do not understand what the hell is going on with this company or Thai Airways after all of these years

I got all the time in the world to wait for this thing to go North..$$$$

+125% on hardly any volume. Thai airlines is up the same exact percentage

But does anyone know what the hell became of NOK airlines?

One of my many mistakes the last 1.5 yrs..

They definitely didn't take it and fly

They took our $$$ and ran
.

What the hell ever happened to this company? I still own shares and I'm at a deep loss but haven't heard a word. Travel is back on and flights are flying so what the fuck is going on here?

Some sign of life but wtf is it trading?

This company appears to be on the comeback trail.Now if they just gave 2 craps about their filings,the stock would be flying.Geesh!

Hmmmm,,,,its trading?

Me Too!!

Lotsa buys today.Perhaps on or way back.

Nok Airlines Says 2021 Financial Statements Will Be
Submitted Late
March 31 (Reuters) - Nok Airlines PCL
«NOK.BK>…FINANCIAL STATEMENTS AS AT DEC 31 OF CO
& UNITS WILL BE LATE SUBMITTED EXPECTS TO SUBMIT
2021 FINANCIAL STATEMENT, ANNUAL REPORT BY 30
APRIL.

Same here

still sitting on a boat load..lol

TAWNF up huge past couple sessions but NOKPF no love

Not really. I don’t think they can flight straight from CA to VietNam.

NOKPF

Warning! This security is eligible for Unsolicited Quotes Only

This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.

$NOKPF: Have you ever flown them from Cali to Vietnam ???


I hear the stewardesses are GORGEOUS !!!!!!!!














GO $NOKPF

I am holding it for big move

$NOKPF: Look at all this volume today...............


Who's trading it ???


Bring it BACK to $2/sh




GO $NOKPF

Probably during summer I guess

Will this get current soon? The Covid gig is up ! Vaccines are bad and Covid was a lie ? Now when will this airline get current?

Getting close to be pink

.03!

Thanks at what price?

sold some through etrade yesterdy!

Is there a way to close out my position ?
Any help greatly appreciated..

Ameritrade is one.Not sure about ETRADE.

Where can you buy this right now?

The sec has nothing to do with financial data!
These are the worst in the OTC !!! THIEVES,ESCROC

Financials posted

http://nok.listedcompany.com/newsroom_set.html

https://www.otcmarkets.com/stock/NOKPF/security

https://www.otcmarkets.com/stock/NOKPF/profile

Nok Airlines Public (NOKPF)
0.04 ? -0.007 (-14.89%)
Volume: 178,752 @11/26/21 12:38:19 PM EST
Bid Ask Day's Range
0.0328 0.05 0.036 - 0.05
NOKPF Detailed Quote

READING Nok Airlines Public Company Ltd (NOKPF)'

NOKPF: Investors need to see the forecast for Nok Airlines Public Company Limited

https://wallstreetfacts.com/2021/08/11/nokpf-investors-need-to-see-the-forecast-for-nok-airlines-public-company-limited-5/

LOOKS GOOD [-chart]www.stockscores.com/chart.asp?TickerSymbol=NOKPF&TimeRange=180&Interval=d&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=&Band=&avgType1=&movAvg1=&avgType2=&movAvg2=&Indicator1=None&Indicator2=None&Indicator3=None&Indicator4=None&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen[/chart]