Since big shark want goreng, why not RM20?

But you are losing money

ChunChoi1, maybe you got chance to breakeven soon

Do banking not scared later cannot withdraw money? Give you credits to buy nasi lemak ha ha ha

RM 3.50

Liestyle group. Finally you woke up!!!

---------------------

TianChoi1 To irritate them further, I will repeat this
1) Transformation into Digital travel and liestyle group complete

09/09/2021 8:36 AM

No more mention of Danajamin RM1 billion? I thought 'coming soon'

Q3 should be worse than Q2?

No_Sight, so how many AAX lots you bought?


AAX Net Cash Flow

2015 - RM170 Million
2016 - RM128 Million
2017 - RM31 Million
2018 - (RM131 Million)
2019 - RM55 Million

Ya, late already faster sleep. RM 4.50 in your dreams!

No_Sight, so how many lots of AAX you have?

AAX Net Cash Flow

2015 - RM170 Million
2016 - RM128 Million
2017 - RM31 Million
2018 - (RM131 Million)
2019 - RM55 Million

No_Sight, AAX was positive Cash flow also few years back. Then did you buy AAX at 40 sen?

OMG didn't mention Danajamin anymore! Not 'coming soon' meh???


"On top of the private placement that had raised RM336 million in the first quarter of the year, BigPay also recently secured investment up to US$100 million from a large conglomerate in South Korea, SK Group. The company has also announced the proposed redeemable convertible unsecured Islamic debt securities (RCUIDS) which is expected to be completed by the end of the year.

"We are also currently in various stages of raising alternative funding. We have also completed two batches of renegotiation of lease terms with our lessors which will see a lower lease rental per aircraft in the future and we expect to complete the renegotiations with all lessors by end of the year.

Hahahahaha Cash Flow is more important than Profit in a business. Now we know, No_Sight is Ponzi guy!!!

Losses per share eased to 15.2 sen

KUALA LUMPUR (Sept 8): AirAsia Group Bhd’s net loss narrowed to RM580.06 million in the second quarter ended June 30, 2021 (2QFY21)

Grow in cash but doesn't belong to you got what use? You thought ponzi kah?

RM 3.50 coming soon!

What about those AA share holder holding RM1.80++?

-----------------------

keown83 @chinaman yes please go talk that to those who still hold glove counter at the most highest peak with >-70% paper loss currently
08/09/2021 8:21 PM

Wow, No_Sight look at Cash Flow instead of Profit. Speechless.

Depreciation of ROU already added back in cashflow but still a loss in 2019. So what do you mean?

I understand cashflow is not profit.

------------------------------------------------------

No_Sight This statement again prove his knowledge on accounting. Depreciation of ROU is added back in cashflow statements. Why? Because the sum doesn’t involve cash in p&l. Cash flow from operations is rm2 billion. You understand what is cashflow from operations? Means cash generated from operating activities.

Only noob thinks p&l statement is the be all end all. Too dumb.

Still waiting for the crash the dumbos have been shouting for.
08/09/2021 11:21 AM

ChunChoi1 your AA share price haven't breakeven?

How come AA 2019 no profit?

RM 0.45 coming soon!

RM 3.50 coming soon!

RM 0 45 coming soon!

His 1 is what analysis? Not fundamental, not technical.

------------------------------------------------------------------

keown83 @SMGaspar u shud become a politician
07/09/2021 3:16 PM

RM 0.45 coming soon!

Name is Top, stronger than Super.

Super not in KLCI. But maybe TG also out later

Why Top Glove CBP ban no news already?
RM 3.50 coming soon!

Grab 1Q2021 - RM896 million revenue
vs
AA SUPERapp 1Q2021 - RM10 million revenue

1Q21 Grab Adjusted Net Sales reached an all-time high of $507 million, up 39% year on year. Revenue achieved a record $216 million.

1Q21 AirAsia’s super app posted a 45% year-on-year (YoY) increase in its revenue to RM10 million


Grab 1Q2021 - RM896 million revenue
vs
AA SUPERapp 1Q2021 - RM10 million revenue

I don't know he really that dumb or act that dumb. I think small kid also can understand better than him.

--------------------------------------------------------------------------------------------------------------------

i3lurker DickyMee

you know on Kwai Jeet, when ghosts want to reincarnate?
they, ghosts will look for substitute body.

its the same for shares.
looking for Suiyee Sucker Bilis as substitute owners

Macau Scammers are forcing Suiyee Sucker Bilis to take their shares as substitute since shares will become zero ie worthless upon RI
06/09/2021 11:02 PM

Ok la,I help you to fix your broken burger stall example:


Burger stall 2019 equity was RM2.91k

Due to Covid-19, in 2020 burger stall suffered losses, owe supplier and customer money and equity is now negative RM3.58k.

Estimated losses for 2021 is RM2k. So 2021 equity will be negative RM5.58k.


Based on 3 years average 2017 - 2019, burger stall can make RM1.18k a year. So burger stall need about 7 years to reach back equity of RM2.91k.

No_Sight Continue be dumbo while i count my earnings ya.
06/09/2021 9:32 PM

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What profit you talking about? Got - in front is negative, it is losses la. Your cost price RM1+ la


"In_Sight All u guys thinking PP or QR will make price below rm1. Slowly wait ya. Already call all in with all the facts and inside news given many weeks ago. If below rm1 i cut!

All in!"
Mar 10, 2021 8:45 PM

https://i.imgur.com/eHm0Sko.jpg

You are the joker that thinks that ROU depreciation is not a loss

--------------------------------------------------------------------------------------------------------------------

No_Sight "Depreciation and rights of use of assets are accounting “expenses” that doesn’t involves real cash."
05/09/2021 4:40 PM

Since when did I ever mention ROU depreciation is related to plane? Only you mentioned that. LOL!

I can't go so low to your level, please.

--------------------------------------------------------------------------------------------------------------------

Depreciation of ROUS are not depreciation of the plane like you initially thought of. Dont be so hai.


Stirred you enough to prove your thinking and understanding of accounting and investment. I got more than i wished.

You are not at my level at all. Not even close. Thought you were the smarter dumbos of the three. Disappointing.

Continue be dumbo while i count my earnings ya.
06/09/2021 9:32 PM

No_Sight AA only need 1 year to earn RM7 billion profit?

Why your burger stall example so different? Only need 1 year.

As I have asked in my previous post:

DickyMee AA share price was around RM1.80 before RM7+ billion losses? AA with RM7 billion losses, share price likely to go back to RM1.80?

Let's say Covid-19 over next month, poof magic 0 cases worldwide. AA business back to normal. Then just forget about their RM7 billion losses and expect share price to go back to RM1.80?
03/09/2021 6:51 PM



Or I make it very simple for you, hopefully this time you not too dumb can understand.

AA 2019 Total Equity RM2.91 Billion
AA 2020 Total Equity Negative RM3.58 Billion

Is the company valuation still the same for 2019 and 2020?

2020 burger stall lost RM7k
2021 burger stall profit RM10k

2 years average profit RM1.5k. Bank account has RM12k. Following your valuation should be RM12k now.

Question is, if the burger stall takes 7 years to earn a total of RM7k? Earn RM1k a year. So the valuation at 2021 is RM9k, or RM9k at 2028?

Didn't see the last paragraph

"Now with the new owner taking lead and change name to the great insights, they make rm10k profit the following year the new owner took over. New owner Rm1k capital with rm5k profit (50% ownership) that’s 500% earned. So now the 7k net loss last year owe who? Why need to recover? Or isit need to put in p&l statement net profit rm10k minus rm7k (need to recover for last year) equals to rm3k net profit this year? Is that your logic?"

Don't try to cover up la. HAHAHAHA


No_Sight "Those planes are own by lessors OBVIOUSLY and they HAVE to record the planes depreciation in their books."

"they HAVE to record the planes depreciation in their books."

"they HAVE to record the planes depreciation in their books."

--------------------------------------------------------------------------------------------------------------------

No_Sight ROU is not an actual ASSET own by AA for god's sake this is too funny. It is just an asset that AA paid to use.

Those planes are own by lessors OBVIOUSLY and they HAVE to record the planes depreciation in their books.

Why would they let AA depreciate lessors' assets?
06/09/2021 7:39 PM

So why you said this? No need to pay lessors?


No_Sight "Depreciation and rights of use of assets are accounting “expenses” that doesn’t involves real cash."
05/09/2021 4:40 PM
--------------------------------------------------------------------------------------------------------------------

No_Sight Depreciation in ROU is actually lease expenses lah.
06/09/2021 8:27 PM

The new shareholder earns 350% if the burger stall is valued at RM9k, not 500%. Your maths is bad.
But it is now valued at RM2k. Wait until they earn back RM7k, then probably it will be valued at RM9k again.

For shareholders la, sigh.

--------------------------------------------------------------------------------------------------------------------

06/09/2021 7:42 PM
No_Sight Shareholders have losses? The new shareholder earn 500% lah. How?

No, that is not the answer lah noob, why you confuse yourself. Don't pusing lah.

You said AA need to recover rm7 Billion. for what and to who ? that's my question. Answer lah.

AA FY2020 cash flow was negative RM2.1 billion? Deferred lease payments of RM1.8 billion? Fuel hedging loss of RM972 million. Total almost RM5 billion? Eh how come RM5 billion sounds so familiar?

ROU depreciation or lease expenses, whichever term you use, still affects the balance sheet, still needs to be accounted for. Did you notice any lease expenses for FY20? Where did you think it went to?
"Under MFRS 16, rental expenses are replaced by a pair of new expenses: interest from amortisation of the lease liability and depreciation of the right-of-use asset."

You thought same like your own situation? No money to pay just ask from your papa and mama and settled?


Oh Shit, you actually thought ROU is the leased planes total value instead of the contract value?! HAHAHAHAHA!!! AA leased 231 aircrafts according the 4Q20 report, 231 aircrafts value is only RM9.07 Billion? Average 1 plane only worth RM39 million? HAHAHAHAHA!!!

RM 0.45 coming soon!

"start a burger stall with capital of rm9k."

"beg for a pro to come in and sold 50% of their business for rm1k,"

I think you answered your own question. Their business valuation is now at RM2k. The shareholders had losses.

Similarly, AA made losses, so their share price, market cap, equity are all down.

I have to use simple examples so you could understand. But even so, you could not understand.


Right of use assets - RM9.07 Billion as at 31/03/2021.

"The lease liabilities amounting to RM12.5 billion includes deferred aircraft leases of approximately
RM1.8 billion. The lease liabilities are supported by ROU of RM9.1 billion (net of impairment)
and finance lease receivables of RM1.0 billion (net of impairment)"


Right of use is recognized at AA's "asset". As your Right of use decreases over period of time, so does the value. How dumb can you be?

As your ROU asset depreciates, your lease liabilities should also decrease, provided you made payments. BUT thanks to lease deferrals, AA didn't pay lessors, so lease liabilities didn't go down.

No_Sight don't know what is Book Value?

Wow, you talk until like depreciation does not matter at all. If you buy a new Perodua Axia for RM23k, 5 years later can sell back for RM23k? No depreciation in value?

Depreciation in ROU does not matter as well? If you lease a Perodua Axia for RM20k over 5 years, 2 years later your Axia "asset" value still RM20k, or RM12k?

AA FY2020 cash flow was negative RM2.1 billion?