Posted by Realrich > 2 weeks ago | Report Abuse

Go go LU target price RM1

Posted by kyzertai > 2 weeks ago | Report Abuse

The new share will rm1.30 then I wonder why shall we sell below 1.30 ?

Posted by Nepo > 2 weeks ago | Report Abuse

look like market reacted it as NEUTRAL.
Nothing surprise.

Now waiting IB to give its weighting..

Posted by curiousq > 2 weeks ago | Report Abuse

People think today is a special day that has been long waiting ..... but it just turn out like any other ordinary day .....

Posted by paulthesotong > 2 weeks ago | Report Abuse

Mouth from IB

https://www.nst.com.my/business/corporate/2024/04/1042803/analyst-says-capital-streamlining-aviation-segments-will-allow-it

Posted by Realrich > 2 weeks ago | Report Abuse

Kyzertai not 1 convert 1 maybe is 10 convert. So the share price is 0.13 if 10 convert 1 so we all don't know yet

Posted by yong1985cm > 2 weeks ago | Report Abuse

as per the annuocement, the projected conversion will be every 1000 share u hold in Cap A, u get 397 share in the newly Co (AAG).

Posted by Realrich > 2 weeks ago | Report Abuse

Yong if like that 1.3/0.4= around Rm 0.28 per share. Now share price is 0.70 but the offer price is only 0.28. The remain capital a segment value is 0.42

Posted by Realrich > 2 weeks ago | Report Abuse

Without airlines business capital a worth how much?

Posted by Nepo > 2 weeks ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1315493

Posted by Nepo > 2 weeks ago | Report Abuse

"
According to TA Securities, Capital A would record a gain from remeasurement of RM2.3 billion from the disposal of AAAGL and a disposal gain of RM6.1 billion from the disposal of AAB.

However, the research firm noted that Capital A's management had indicated that it may no longer pursue the listing of its intellectual property segment, the AirAsia branding, on Nasdaq via a special purpose acquisition company (SPAC).

Posted by billdrill > 2 weeks ago | Report Abuse

hahaha why would friday be a special day

Posted by Realrich > 2 weeks ago | Report Abuse

Buy 0.69 sale 0.735. Thank capital a very fast money earn 4.5k

Posted by Realrich > 2 weeks ago | Report Abuse

I sale too fast lol

Posted by Realrich > 2 weeks ago | Report Abuse

Xiaoeh I win a jackpot prize. I buy both capitala and aax both big win

Posted by Mabel > 2 weeks ago | Report Abuse

Haha 70.5 sen oledi.. Hihihi

Posted by Realrich > 2 weeks ago | Report Abuse

Aax and capitala both I win total 14k

Posted by Junx Leow > 2 weeks ago | Report Abuse

Wat story today?

Posted by Realrich > 2 weeks ago | Report Abuse

Kenaga give target price 0.78

Posted by williamh > 2 weeks ago | Report Abuse

It’s 0.77 already

Posted by Junx Leow > 2 weeks ago | Report Abuse

No news? Sure have leaking news come out liao

Posted by Realrich > 2 weeks ago | Report Abuse

Reach target price already lol I sold too early

Posted by Junx Leow > 2 weeks ago | Report Abuse

https://www.bernama.com/en/business/news.php?id=2291663&client_hour_clock=24&clientlang=2

Posted by Realrich > 2 weeks ago | Report Abuse

Halfday win 14k enough for me already Iol now drop back

Posted by EngineeringProfit > 2 weeks ago | Report Abuse

HUUUUAAAAAAAAAAAT ARRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR...........

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Sad for capitala hater haha

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Where expert sslee haha

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Hmm, look dangerous now lol, need operator push lol

Posted by Sslee > 2 weeks ago | Report Abuse

AAX will swap their shares in AAX with shares of the NewCo — Airasia Group Sdn Bhd — on a one-to-one basis.

The NewCo will then acquire Capital A's aviation business — AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) — for RM6.8 billion. It will be issuing new shares worth RM3 billion in the NewCo to acquire AAAGL, while it will acquire AAB for RM3.8 billion, to be satisfied by assuming RM3.8 billion of the RM3.83 billion worth of debt that Capital A owes AAB.

Just a simple mathematic with debts from AAB RM 3.8 billion and billion debts inside AAAGL. Thus even with RM 1 billion new capital raise by NewCo (AAG) is that 1 billion enough for working capital and servicing total debts?

I am sure NewCo(AAG) will fall into PN17 company.
Stony end game is getting capA out of PN17 at the expense of NewCo (AAG).

Shark smell the blood and come in for the killing.

Posted by paulthesotong > 2 weeks ago | Report Abuse

U not Tony how u know?

Posted by ken2004 > 2 weeks ago | Report Abuse

I just congrats those who dare to risk, how you condemn tony also you cannot not admit he is really creative in making sure his business survive and yes, who know, it will collapse, this is what share market is lol

Posted by jenabchen123 > 2 weeks ago | Report Abuse

Any losers here?

Posted by Sslee > 2 weeks ago | Report Abuse

If Stony is not careful then he himself, the BOD and all will be losers if the deal end up against the Company Act 2016, whereby after the merged the Newco(AAG) default on debts, lease, trade or other payables.

Wrongful Trading
In the CA 2016, an offence of wrongful trading is captured in section 539(3) that:

“…an officer of the company who knowingly was a party to the contracting of a debt had, at the time the debt was contracted, no reasonable or probable ground of expectation, after taking into consideration the other liabilities, if any, of the company at the time, of the company being able to pay the debt, commits an offence…”

Fraudulent Trading
Whereas section 540(1) of the CA 2016 stipulates an offence of fraudulent trading as below:

“If it appears…that any business of the company has been carried on with intent to defraud the creditors of the company or creditors of any other person or for any fraudulent purpose, the Court may declare that any person who was knowingly a party to the carrying on of the business in that manner shall be personally responsible…”

If an offence under section 539(3) has been made out, offenders may be punishable with a maximum imprisonment of 5 years or a maximum fine of RM500,000, or both. Reading together with section 540 of the CA 2016, it is added that the offender may even bear personal liabilities for the payment of the whole or any part of the company’s debt without any limitation of liability upon a court’s declaration

Posted by Realrich > 2 weeks ago | Report Abuse

I sale 0.735. Closing also 0.735. lol operator always follow my price

Posted by The_JQuestion > 2 weeks ago | Report Abuse

hahah snake snake lee buy 0.70 sell 0.65 , now uptrend to rm 1.00 only can red eye white eye see
news so good , still dont buy? i suda masuk earn some easy bucks ,, not big but good enough :)) im flying AA overseas again next month ,, maybe they can give me enough funds for another

Posted by Realrich > 2 weeks ago | Report Abuse

Sslee you should write a letter of suggestion to Stony let him know he maybe breach the rules you just mention

Posted by DickyMe > 2 weeks ago | Report Abuse

"Posted by DickyMe > 2 weeks ago | Report Abuse

"DickyMe

Buy order placed!

6 hours ago"
=====================
Update: ALL MATCHED!

I am in the game! Giddy Up!, Tony!"
=================================


So Sorry Lee, this is my 4th time reentering into AA/CapA transaction.
While you whine and roll on the road throwing tantrum, we are printing money.
Thanks Tony, you make rich!

Posted by Mabel > 2 weeks ago | Report Abuse

Told you oledi, Tony is a Magician...hihihi..

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Seem like Monday will continue up

https://www.chinapress.com.my/20240426/%e6%89%93%e9%80%a0%e4%ba%9a%e6%b4%b2%e6%9c%80%e5%a4%a7%e4%bd%8e%e6%88%90%e6%9c%ac%e8%88%aa%e7%a9%ba-%e4%ba%9a%e8%88%aa%e9%9b%86%e5%9b%a2%e6%8b%9f9%e6%9c%88%e6%ad%a3%e5%bc%8f%e4%b8%8a%e5%b8%82/

Posted by Mabel > 2 weeks ago | Report Abuse

Lovely...

All eyes on Capital A and AAX with active trading today as Capital A Bhd's proposal to streamline its aviation segments, as it will help it compete better with established full-service carriers. Investors viewed the exercise positively as it strengthens AAG's business model for long haul–short haul integration, with a new medium haul segment as the intermediary, by leveraging onto the new A321 fleets.

Post restructuring, Capital A will still retain ownership of the four major business segments namely, ADE maintenance repair, overhaul services; Teleport logistic; AirAsia MOVE SuperApp; and digital finance BigPay and will also still own 18.39% stake in AAG. The gems are with Capital A, now lean and mean without too much flying the aircrafts and exposure of instable aircraft fuel.

Both Airlines climbs more than 5% and 13% respectively.

Live is so beautiful when you are flying with a True Magician...

YTL Power and Yinson also did great climbing more than 7% and 3 % after consolidating sideways for 3 months. Unfortunately Lady Sap remain unchanged.

Meow Meow Meow

Posted by pangolin > 2 weeks ago | Report Abuse

if capital A really can make it happen out from pn17 , i hope my support can get handsome return

Posted by hhhiii123 > 2 weeks ago | Report Abuse

The issue is capitala too big to fail as government cannot afford it to fail, so it sure will out from PN17, matter of time to fly.

Posted by The_JQuestion > 2 weeks ago | Report Abuse

whats more... he makes it look so easy... now sslee has ntg to cry about , everything he has been negative about is no more. I wonder what else he could say
tony > sslee and loser gang
defying the odds , i have been here more than a year and I beat them in estimates , dont be too stubborn and only accept traditional view , its OK
when the old go , only then the new can GROW
TOny the man of the ERA

Posted by Sslee > 2 weeks ago | Report Abuse

Merger of airlines alone enough to reverse all of Capital A's negative equity, says Fernandes

The divestment of AirAsia Aviation Group Ltd (AAAGL) is expected to give rise to a pro forma gain of RM4.69 billion to Capital A, while the disposal of AirAsia Bhd (AAB) would result in a gain of RM6.07 billion.

Do you believe in fairly tale? That debts, lease payment, trade and other payables just disapear into thin air?
Or is this a scam of zero sum gain? What is gain by capitalA will be a lose to Newco. So what will be Newco balance sheet look like?

Just think can money just fall from the sky.

Posted by Sslee > 2 weeks ago | Report Abuse

Do anyone know what is Stony talking about below on what will happen to AAX?
Has Stony already get investors for the RM 1 billion PP?
What do it mean because we're doing a dividend in specie, we have to get the court's approval for a capital reduction?

AirAsia X told Bursa Malaysia on Thursday that it will first create a new entity — called AirAsia Group Sdn Bhd — to take over the listing status, raise RM1 billion through private placement, before taking over the airline businesses from Capital A.

“So the first thing is get the circulars done for this transaction, which I hope will be done in two weeks,” said Fernandes on Friday.

“Then we have to submit it to Bursa Malaysia for approvals of the circulars, which I hope can be done quite quickly. Then we have 21 days to call the EGMs (extraordinary general meetings) from both companies to approve this transaction.

“Once that's done, because we're doing a dividend in specie, we have to get the court's approval for a capital reduction. And then we can list [AirAsia Group]. So the timing of the formation of the aviation group, our present timeline is about September,” he added.

Posted by Sslee > 2 weeks ago | Report Abuse

So will Ajib Gor stay long along in jail to welcome his new cellmate Stony?

Posted by Sslee > 2 weeks ago | Report Abuse

52 Weeks Range: 0.64 - 1.12

The question: defying the odds , i have been here more than a year and I beat them in estimates, dont be too stubborn and only accept traditional view , its OK

So how many times you managed to buy at 0.64 and sell at 1.12.

Meanwhile I already earned my multibagger in trading Insas-WC

Posted by StartOfTheBull > 2 weeks ago | Report Abuse

SSLee spent years in argument in forum and finally lost to the accountant CEO. Next round SSLee at AGM head on with Tony. 😁

Posted by Sslee > 2 weeks ago | Report Abuse

I have not decided yet whether should I buy 500 shares and email the IR my prepared hard/probing questions for the AGM/EGM?

Posted by i3gambler > 2 weeks ago | Report Abuse

Sslee,

May be the case of NESTLE would help to clear the doubt.
Book value / share = RM2.88, but the market price is RM127.20 per share.

https://brandirectory.com/rankings/malaysia/table
According to the above table, AirAsia Brand Value is $1,343m.