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[转贴]《东尼大砲說有10亿美元收購,實價才14亿令吉!》- 朱冠華

Tan KW
Publish date: Wed, 15 Jun 2016, 01:58 PM
Tan KW
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2016年6月14日 星期二 

 
我曾經說AirasiaCEO东尼在有人收購他旗下的亚洲航空资本公司(Asia Aviation Capital Limited),是在大砲!
 
果然如此!
 
實際情況比我說的還要大砲。
 
早前,东尼在股东大会(AGM)說:
 
Asia Aviation Capital Limited獲得10亿美元的献购价格,相等于亚洲航空市值16亿美元的62.5%,要知道这只是亚洲航空的其中一个部门,可见公司股价仍未反映內在价值。」
 
 
但是事實呢?
 
收購者現身了!原來是泰國的King Power
 
不過收購價不是10亿美元,而是13亿9400万令吉!
 
 
King Power集团是泰国最大的免税零售业者,早前已經用79亿5000万泰銖,买入Asia Aviation 39.82%的股权。現在他打算再用120亿泰銖買下剩下的60.18%股權。
 
Asia Aviation Capital LimitedAirAsia的子公司,也持有泰国亚航55%股权,它就是可以美化泰国亚航帳目的關鍵,因為它租賃飛機給泰国亚航,可以讓泰国亚航減少大量持有飛機的成本。(不過二者都是同一集團,所以整體成本沒減。)
 
有趣的是,媒體說Asia Aviation Capital Limited拥有43A320空巴。
 
目前A320空巴售價9800萬美元,可用20-25年。
 
43A320空巴竟然只值約24亿令吉這麼少?
King Power過去現在買下Asia Aviation 的成本是約24亿令吉)
 
當初東尼大砲說的10亿美元已經便宜到死了,可實際上King Power集团欲收購Asia Aviation Capital Limited的成本只有10亿美元的一半?
 
這表示什麼?
 
可能性三個,我不知道哪一個!
 
 
一,Asia Aviation Capital Limited沒有43A320空巴。
 
二,43A320空巴是非常殘舊的。
 
三,Asia Aviation Capital Limited債務太高,所以企業價值大貶。
 
 
因為不能知道Asia Aviation Capital Limited的帳目,所以我不能肯定到底它債務有多少?
 
記得我說過的話嗎?
 
我曾經說過,亞洲航空(Airasia)過度財務槓桿已經達到極限,剩下的日子是忙著還債來減輕債務壓力,所以走向萎縮而不是擴展。所以Airasia會一直嘗試供股,賣出資產等各種方法來降低債務。
 

現在Airasia的發展已經逐漸印證我說的正確。
 
看來,這些一直以來,幫助東尼炒高Airasia股價以便供股籌10億令吉的人,在真相逐漸曝光下,撐不了多久了!
 
畢竟背離現象,很少超過3個月。也該到頭了!

 

《泰King Power 9亿收购亚航泰国伙伴》

(曼谷14日讯)泰国最大的免税零售业者--King Power集团,有意以120亿泰銖(13亿9400万令吉)收购【AsiaAviation有限公司】其余60%的股权。

http://www.orientaldaily.com.my/business/cjking-power-9 

 

http://ckfstock.blogspot.my/2016/06/1014.html

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1 person likes this. Showing 22 of 22 comments

limko1

I don't know about Tony, but I do know that if you had followed Mr. Choo's call to buy gold a few year ago, you will be miserable now.

2016-06-15 14:06

i4investor

朱冠華- he is very smart person
but smart to lie to himself...

2016-06-15 14:30

cruger12345

ha haha .. someone got confuse with Asia Aviation and Asia Aviation Capital. 2 different company man .... miss the mark by a light years. Asia Aviation is the holdeing compay of thai Airasia . Asia Aviation Capital is sole own by Airasia Group. What a joke !!

2016-06-15 14:32

JN88

每日一笑。

2016-06-15 14:41

Lim123

Mr. Chu very bad. Like to scare people.

2016-06-15 14:43

helloworld123

always over-anal-ised himself!

2016-06-15 14:45

Adi_Investor

這文章有錯,請去FACEBOOK的【投資人教育部落】拿最新的一篇糾正文章。

http://m.facebook.com/投資人教育部落-477204979083538/?ref=bookmarks

2016-06-15 15:05

JN88

可能性三個,我不知道哪一個!

为什么三个叻?为什么不是四个五个六个叻?

2016-06-15 15:25

lazycat

东尼大。。木

2016-06-15 15:28

Steve Low

Asia Aviation Capital = AirAsia's 100% owned subsidiary.
Asia Aviation = listed in Thailand and owns 55% of Thai AirAsia.
King Power is buying into Asia Aviation, not Asia Aviation Capital. Please go back to school to study before playing stock.

2016-06-15 15:45

xzzzzzz

AAC & AAV is 2 different thing

2016-06-15 16:00

VenFx

Hahaha, not my concern at all as a small shareholders.
Whatever debt, risk ; has been well taken care off by T.F .
Appreciate of value that matter to small ikan .

Why CHOO soo desparately on A.A. (by looking at the title, everyboby will agree CHOO has a desparate issue in A.A.)

2016-06-15 16:06

sohofelix

Ya, dont know what is his intention..

2016-06-15 16:06

Jeffyap

funny LOL

2016-06-15 16:07

VenFx

Kiasu , and want to show smart .

2016-06-15 16:07

JN88

这只朱越猪,亚航越爬越高

2016-06-15 17:49

mmk79

Do criticize more Mr. Choo. Please do so. Without your article, AA share got no ohm. The more u talk bad about AA, the more high AA will fly automatically. Whenever U dissipate ur negative energy, AA will absord it and turn it into Positive energy.

2016-06-15 18:47

Tee Tom

The joke of the year.

2016-06-15 19:43

Koon Bee

LOL...this article real funny

2016-06-16 06:57

shrobin

朱冠華, On you latest posting with heading: 《东尼大砲說有10亿美元收購,實價才14亿令吉! , the 14亿令吉 is what King Power Thailand paid for taking up shares from Thai AirAsia's current partner. It is not the 10亿美元 on the leasing business. I am surprised that you cannot even get this right! No wonder you are always asking questions than providing answers! It could be your English is so poor that you cannot even read correctly! You are really a joker in the blog.......

2016-06-16 08:20

shrobin

BANGKOK (June 14): Thailand's King Power Group, the nation's largest duty free retailer, said it plans to spend 12 billion baht ($340 million) on buying the remaining 60% of Asia Aviation Pcl.

King Power's chairman, billionaire Vichai Srivaddhanaprabha, and his family announced on Monday they had bought a combined 39.82% stake in Asia Aviation for 7.95 billion baht.

Asia Aviation is a major shareholder in Thai AirAsia.

朱冠華, Read the above carefully! Is your latest posting heading correct? You cannot even get this right! How on earth you can write so many postings on AirAsia?

2016-06-16 08:23

SALAM

DO NOT WASTE YOUR TIME reading misleading article where the LEARNED AUTHOR IS TOTALLY CONFUSED HIMSELF!!!!!

2016-06-16 09:41

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