easy peasy... ka ching $$$

Lousy post lol. You will need to delete or hide your face very soon.

These dumbos do not understand business. They also do not understand AA’s business. Its funny looking at their comments. Especially the one talking about fares too low cannot earn. Must have been living in a cave all these while. Or just pure dumb.

What a dumbo. You think AA grow to become largest LCC in Asean by take deposits and no refund? (That only happens during a covid which happens to many other airlines as well only you dumbos want to pin point AA). 11 consecutive worlds best lcc. You think they get awarded by doing that? Are you nuts?

Yes AA is still the largest LCC in ASEAN regardless of the number of other LCC in ASEAN. You dunno dont shame yourself please.
——————
Sslee Someone really do not know how AA make their money (one way is no refund) and still think AA dominate the sky without realising there are now how many low cost airlines in south east asia/asean?
14/09/2021 7:36 AM

Why compare MAS with AA? They are of different types of carriers. One is FSC the other is LCC. To compare MAS with AA is to say that MAS fail to grab full service passengers which is their target segment and have to fight for low cost carrier passenger segment? That itself shows MAS is a failure. They only know how to compete by throwing away cash.

AA was bought with 2 planes and debts yet they thrived, and made money to paid off the debts. MAS? Using our tax money to pay CEO, inflated inventories costs to make suppliers rich and lousy management salaries. You happy to support that? No wonder you fail to understand business.

The industry have always been cut throat and MAS have always tried to bully competition with tax money yet MAS still have not succeeded to do any harm at all to AA. Even with free money also fail and needed infinity bailout.

Yet AA continue to be successful (pre-covid), still made money and able grow to become the largest LCC in ASEAN whereby MAS is still asking for bailout after bailout.

Just because you don’t know how to make money with lowest cost doesn’t mean others can’t.

You don’t even know what your are talking about @sslee.

Could not care less for whoever buy at high. Everyday people will key in whatever price they wish to sell or buy. That’s entirely your own decision to buy or to value the purchase. Haha. Ownself noob bought high now want ask others how to earn back at rm1.80 how pathetic. Dumbo. Don’t worry lah i suspect you can break even soon lah.. but since u so pessimistic go cut loss and fak off bah lol.. nobody will pity u..

Sad dumbos. One buy at rm1.80 another thinks MAS is making profit. Pity their parents.. better give birth to char siew..

I see.. no wonder nodick so dumb. Bought at rm1.80 keep asking about how the people bought at that price.

Hello. Invest or do charity. Who ask u buy 1.80 so so hai. Always buy good companies at dip lah. Common sense. Why not ask glove ppl also buy so high like a so hai? That has got nothing to do with us la dumbo. We buy low. Sell high not like u so hai buy at 1.80 lol.

because those dumbos where happily using PB 0.19 tp to justify their call

Now they got smack in the face. Not happy because of the tp but funny how they got played by IB. haha dumbos.

what is it got to do with you? what also you got part isit? were you one of them because i honestly dont remember who it was. was it you? haha. and i'm not so free like a so hai go find back history just to copy and paste... haha

from 0.19 to 0.86. lol. Dumbos got played by IB. believe IB some more la.. so hais. lol! proven dumbos. Need how many times to prove you dumb? hahahahaha

which dumbos keep shouting publick bank tp last time...hahaha... so hai! look now what public bank tp is. You dumbos just got played! bodoh! lol!


https://klse.i3investor.com/blogs/PublicInvest/2021-09-09-story-h1570815777-Airasia_Group_Berhad_Glimmer_of_Hope.jsp

DickyMee Since big shark want goreng, why not RM20?

Since this AA according to you is going to crash and bankrupt soon why majority and minority shareholders not dumping? why not dump it till 0.45 like you said?

i3lurker relax lah....big boys sell will have announcement lah... u think sell at pasar malam?

you said MAS making profit now. why dare not answer? scared people know you dumb?

I totally overestimated the dumbos intelligence in this forum.

Especially nodick. He fooled me. Thought he was one of the smarter ones. I was so damn wrong.

It turns out they are truly clueless.

Continue bark watever u want la.. let’s just wait and see who will have the last laugh.

Time will surely tell.

I said cash flow more important than your dumb “accounting” profit. Dunno how to differentiate accounting profit and real cash earned right? It’s okay. Not surprised. Wait… do you actually think that net profit is the amount of real cash earned and net loss is the amount of cold hard cash loss?

Never really looked into AAX’s books before. Wow you so hardworking copy paste some more lol. Must give u copy paste award. Don’t copy wrong qr ah. This qr know how to see or not? Hahaha.

There are many parameters to look at lah come on. Not like you only look at one thing net profit or loss. Alot of other things to dig deeper.

Why cash flow is ponzi? Any investor who doesn’t look into cashflow is pure gambling. Simply bark just to divert from your dumboness isit?

Be like memorylane. He asked the right questions. He used the correct accounting parameters. Go learn.

What do you mean doesnt belong to me? So only net profit belong to me isit? Are you lost again?

Btw you are right. I definitely will look into cash flow first before anything else. I’m sure you never run a business before or know anyone who does. Cash flow is the most important thing in a business. Not your dumb accounting profit.

Nodick is so dumb.

You can have net accounting loss but grow in cash from operations. But you also can have net accounting profit but deficit cash from operations.

Any people with accounting knowledge knows that. Clearly you don’t have that knowledge.

Nodick thinks investing is as easy as looking at net profit/loss report. Really so hai. Lol what a loser

DickyMee 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.
———————

Cashflow = cold hard cash.
Profit & loss = accounting numbers.

Are you really that dumb? “Still a loss”? That’s only on paper. In the bank cash grew instead. I believe you have 0 accounting knowledge.

Go do some reading or go ask any successful investors or business owners which they prefer. Then come back talk kok as usual.

Somehow it’s okay if you think otherwise. I don’t wish you to find out or learn la. It’s better if u stay this dumb.

DickyMee How come AA 2019 no profit?
———-

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.

DickyMee 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?
—————

The new owner come in at begining of 2021 and make rm5k profit with rm1k capital.

His profit is rm5k a year.

Even if the stall only make rm1k a year he still makes 50% earnings a year.

In his books the rm7k loss in 2020 doesn’t affects his investment at all.

Which accounting law states that the burger stall need to recover rm7k loss for shareholders including the new shareholder?

Still don’t understand? Dumbo.

There are many ways to maneuver negative equity which i ofcoz believe you have no idea of.

Your valuation is seriously flawed. You shouldn’t be investing.

And when i say they have to record the depreciation of the planes i meant the lessor not AA. You read that wrongly. Lessors buys plane, lessors have depreciation. Simple logic how can they let AA record it? You think both their accountants dumb like u?

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.

Let me give you a better example. Nodick, PSAASPERT and i3sucker got together start a burger stall with capital of rm9k. 3k each. They name the business The Three Dumbos. First year make rm7k losses. Left rm2k in bank. They beg for a pro to come in and sold 50% of their business for rm1k, sell super cheap cos they have no other choice. In the books the three dumbos have rm7k losses. According to the dumbos logic it needs to be recovered. Let’s see.

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?

——————
DickyMee 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.
————-

New shareholder use rm1k capital for 50% shares. 10k profit is rm5k for new shareholder. That is 500% in new shareholders book. Simple as that. He made 500% if he cash out now.

How you can twist it become 350% is beyond me lol. This is primary school math FYI.

The way u make your valuation also so hai. Wait they earn back? Hahaha. In the new shareholders books there is no need for such thing he already earn. Positive 500%.

Your answer for shareholders? That includes the new shareholder. So he will be making much more. Is that your thinking?

Your calculations are so wrong la so hai. Someone please help this poor soul he’s gonna get eaten up by bursa. Now i really can double triple confirm this nodick have 0 knowledge on accounting or valuation. Hahaha

You too nervous is it? Until read wrongly. Don’t be a so hai la. Simply accuse ppl. I tot u pro copy paste. Go copy which part i said its total planes value lol. Cannot fight already use lies ah?

Loser nodick. When crash? All you see are numbers. Negative so what? You don’t know how to dechiper. Today 18million volume agree with me. Not you. Hahahaha. Wait till got 18million volume agree with you only come talk to me la. You are not my level at all.

Oh nooo depreciation… oh nooo buy axia must depreciate… who the heck buy planes? Not AA lah so hai lol.

You blind or dunno english? Where did i said its total leased planes value? Lies over lies hahaha so hai. Loser la.. lose already simply bark. Lol

Dickymee 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?
————————————-

This example read again really shows u have no knowledge on accounting or even understand AA’s business. It’s all proven.

You said “if you buy a new perodua axia”. But AA doesn’t buy/own the planes lah noob. The depreciation will be done by lessors la. How can AA record it lol. You think accountant so hai like u ah.

Depreciation in ROU is actually lease expenses lah. Not the “depreciation” of the planes lah.

Why does it matter the planes value drop 100%? It’s the lessor problem lah not AA lah so hai. Lessor buy planes to lease to airlines so its lessor’s assets to do business and depreciation lah. So so hai! Dont make ppl laugh at your stup!dity lah.. pity your parents lah. You shouldn’t have won the sperm race. Wasted lah.. lol

No wonder QR so easy also can get wrong lah really dumb.

Don't forget AirAsia held a 10.94% stake in Fly Leasing up till somewhere in May if you know what that means. haha.

DickyMee "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.
--------------------------------------------------------------------------------------------------------------------

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.

DickyMee 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.
06/09/2021 3:12 PM
---------------------------------------------------------------------------------------------------------------------------

Why you always want to prove to everyone how dumb you are?

Your example of the perodua AXIA is that AA owns the AXIA. Whereas AA doesn't own AXIA or any planes. This example alone is already noob.

Do you even know what is ROU? ROU are initial direct costs incurred by the AA and payments made to the lessor at, or before, the commencement date of the lease, less any lease incentives received. It is also an estimate of any costs to be incurred by AA in dismantling and removing the underlying asset, or restoring the site on which it is located. It means any lease or lease related expenses that have been incurred by AA are recorded as ROU. That doesn't mean ROU is owned by AA. You incurred the cost already that is why you have the "right to use the assets" lol!

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? LOL... stop kidding me. You are dumber than I thought!

ROU is stated as depreciation of ROU Asset in P&L. It is basically just the same as lease expenses. So now you think lease expenses = depreciation of the planes is it? LOL. Bravo!

NoDick keeps using school boy level examples which differs from AA business model. What a noob. Compare laici with durian. So hai.

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?
———————————————————-

NoDick Talk east talk west. He prove himself as dumbo again. He doesn’t know AA business at all. You lease Axia for rm3k a year for 5 years and you pay rm250 monthly. You don’t own the Axia. Wtf does the asset value of the Axia in 5 years later have anything to do with you? You don’t hecking own the Axia lah noob. How dumb can you be?

This proves you do not know what the depreciation in AA books means. Hahaha.

Also i did not ever said depreciation is not important. All three P&L, balance sheet and cashflow statements are equally important and they work hand in hand. You need to look at the right numbers not the surface.

Still want to pusing pusing? My question again. You scream so loud need to recover rm7 billion losses. Why need to recover? Pay who? Who owns it? Use my example of the three dumbos burger stall which i have simplified for you. If don’t know just say. Nobody will laugh at you. Just me only. Don’t be shy.

There u go, more lies upon lies. MAS making profit now? Where you study? Zoo? Lol. Sorry shouldn’t insult the animals in the zoo. You’re definitely worse than that. Haha.

@sslee humour and sarcasm requires intelligence. The dumbos don’t have it. If you post anything jokingly or as a banter, they will take it very seriously and use it copy and paste and want you to justify your jokes/sarcasm as if those were your serious comment. And they don’t understand sarcasm. I can imagine they don’t get invited a lot to parties.

@tianchoi P&L is just part of it, balance sheet and Cashflow statements are the other part. You need to know what numbers to look at in all three of them as they are equally as important. The dumbos don’t know anything about it. One of them even got the QR number wrong before. Another of them said MAS is making money now. You can imagine how clever they are. Yet all they do is just bark.

Shoots.. i made a mistake.. how can nodick be a duck when nodick has noDICK?

Today abit free want to stir the “special breeds” abit.

Its Sad… nobody has the answer why rm7 billion needs to be “recovered”. Just simply shout only. In their eyes profit & loss statement is the best statement they can refer to where it actually only scratches the surface. Yet still talk like they know everything. Just proves and confirmed that they know nothing about accounting or even know how to read the reports.

Even give schoolboy example hahaha. It shows how naive their knowledge of accounting is when in reality P&L doesn’t work or add up as straightforward as the dumb example.

If NoDick save rm10k a year then depreciation and rights of use assets cost 50k each a year. Does it means that nodick have -90k in account now? Wrong. Depreciation and rights of use of assets are accounting “expenses” that doesn’t involves real cash. I think he don’t understand why it needs to be in the P&L in the first place. How can nodick’s bank account be -90k? You would have defaulted payment when it reaches 0. Common sense. But he don’t have. He thinks everything in P&L involves cold hard cash. Noob.

Some “PSAaspert” also mentioned that Deferred lease liabilities have to be paid eventually. Yeah ofcoz. It’s obvious your dad is a man (or is he not). The point is Lease liabilities expenses are already stated in the profit and loss statement. It does not incur additional future expenses. Lessors give you the leeway to pay later through forbearance. How is that a bad thing? It means lessors have faith in AA to recover and pay them later. Otherwise they would have ask them to pay now and make AA default payment straight away. Simple logic also dunno. Anyone in business would know that longer payment term is a good thing.

Also to say that need to recover rm7 billion to pay lease liabilities is even funnier and noob. You can use any cash that you make from any of the business activities to pay any expenses. You can even ask nodick to be a duck make money for AA to pay the lease expenses. That rm7 billion is irrelevant here. Are you lost PSAaspert?

My question is why the need to “RECOVER” the rm7 billion losses? I’m not saying that lease liabilities don’t have to be paid. Know how to read properly?

Since you special breeds believe in bank analyst report so much. Why none of them have EMPHASIZED the NEED to recover the RM 7 billion losses and why or who AA owes the rm7 billion to? Hahaha.

Let me give you a better example. Nodick, PSAASPERT and i3sucker got together start a burger stall with capital of rm9k. 3k each. They name the business The Three Dumbos. First year make rm7k losses. Left rm2k in bank. They beg for a pro to come in and sold 50% of their business for rm1k, sell super cheap cos they have no other choice. In the books the three dumbos have rm7k losses. According to the dumbos logic it needs to be recovered. Let’s see.

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?

i3lurker MAS is now profitable and Air Asia?
26/08/2021 9:31 PM
—————————————————————

MAS is now profitable? Hahaha. Dumb?

DickyMee RM7 billion losses, maybe 'earn back' is a better word. AA need how long to cover back this hole for shareholders?

DickyMee Seems like you don't have any awareness about a company's book value. Let me simplify it for you with an example:

No_Sight saves RM10k a year. Due to some unfortunate incident, No_Sight lost RM100k. You might think that there is no difference, but I'm pretty sure anyone else would think that there is a difference.
----------------------------------------------------

Yes you are right. Through your amazing example, you finally helped me understand your thinking and confirm something. /s

@PSAi3alert ppl ask u east you talk west? brilliant tai chi.

Dickymee, PSAi3alert and i3lurker as the Leader does make a dream team. LOL. Good luck in your future undertakings.

@PSAi3alert so where is this

"In 2018, the gains from disposal of aircraft amounted to over RM1.1B."

that you mentioned?

You copy and paste for fun?

You still haven't answer me. WHY NEED TO RECOVER THE RM7 BILLION? What is the purpose in accounting/valuation terms. Answer this first.

DickyMee Based on few posts back, 10 years average was 799 mil? So need 90 to 100 years to recover back Covid-19 losses?

If 3 years average 2017 - 2019, RM1.18 billion a year, need 6 to 7 years?
-----------------------------------------------------------------------------------------------------------

Why you want to confuse yourself. Why keep thinking of the RM7 Billion. Need to recover for who? LOL.

If AA able to go back to 3 years average. RM1 billion a year. What is the PE at current price? Just answer this. With the PE you get then judge for yourself whether it is over or undervalued. Know how to calculate? Need help? Let me know. LOL.

As for i3lurker will not entertain him. His level too low. Even say MAS is making money now.

And those of you who say investors buy AA share help Tony buy Tesla is even funnier. Have you bought/sell a share before?

1) When someone buys a share, the money goes to the seller. Not the CEO.
2) We are making money now instead since AA have slowly creeped up.
3) Tony will have to use his own money about rm300++ million for the RCUIDS and save the company we own.
4) You're just a sour grape.

LOL!

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?
-----------------------------------------------------------------------------------------------------------------------------

HAHAAHA..you are funny... you are asking exactly what I am asking but in the opposite way. Let's say next month poof magic 0 cases worlwide. AA business back to normal. AA have to recover RM7 billion and pay to who?? RECOVER AND PAY TO WHO? who will come and ask AA eh you loss RM7 Billion during covid. Now pay me back the RM7 Billion.

That is my question. You lot don't simply shoot without understanding the context.

PSAi3alert Pay to who?

Aircraft lessors RM12.5B
Carlyle Aviation
Incline
NBB
BOC Aviation
Castlelake LP

PSC RM100M+
MAB and other airports

Sales in Advance owing to passengers RM900M+

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

Lease liabilities in 2019 is 12.459B. In 2020 is 12.435B. It has actually dropped -24M. These are future expenses due to airplane leasing and adoption of MFRS 16 accounting method and will be there whether there is covid or not. However due to "forbearance" term in the contract the lessors are allowing AA to defer those payments. This sum in under statement of financial position hence has nothing to do with the RM7 BILLION LOSSES they were yelling here.

Airport charges are paid. They don't owe airport charges. Those are expenses incurred and are PAID.

Sales in advance is 900M. You got one right there.
-----------------------------------------------------------------------------------------------------------------

Now back to my question. LOSSES OF RM7 BILLION. According to them AA have to recover this sum. AA owe this sum to who?

PSAi3alert TianChoi1,

In 2018, the gains from disposal of aircraft amounted to over RM1.1B.

That amount will need to be removed from the RM1.7B nett profit.

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

In 2018, the gains from disposal of aircraft was not RM1.1B and it wasn't and shouldn't be listed in Profit and Loss statement as it was not an operating income per se. Gains from disposal is listed cashflow statements under "cashflow from investing activities". Go read the notes in the Annual Report and find out what the RM1.1B of "Other Income" actually is.

hahaha birds of a feather do flock together.

Those people who thinks that AA needs to cover back "losses" really don't truly understand accounting. So funny. Ask yourself, what are these losses consists of? Why do they need to cover back? Pay to who? RM 7 billion need to pay to who? Whose name own that rm7 billion?

Good sotong! Let’s go!

Not only spread negativity he even go as far as declaring MAS is now profitable. I think he got brain damage.

Poor thing.. pity his family.

The negative people always come out with excuses.

1. Covid 10k sure crash
2. Lockdown extended sure crash
3. Private placement sure crash
4. Bad qr sure crash
5. Delta variant sure crash
6. Danajamin delay sure crash
7. Digital sure lose money sure crash
8. Rights issue at 0.75 with free warrant sure crash
9. LTIS sure crash
10. Covid 20k sure crash
11. MCO 3.0 sure crash
12. IDSS ban lifted sure crash (this one funny, AA so good until need idss to make it crash?)
13. MAS is making money AA is not (this one King already, best of the best, brain damage perhaps, MAS is subsidized with rm28 billion of tax payers money and still fail. Salute your bravery to make such statement)

What else?

Most people tend to live ONLY IN THE PAST because the past is easy to see.

What matters most is the future. Do you have the vision to see it? And most importantly see it early before the market moves.

Or you’re just a sour grape egoistic person want to justify your mistake with lame excuses?

i3lurker said MAS is now profitable. Funniest joke ever.

@i3lurker please post link/proof that MAS is now profitable. Kindly enlighten / humour us.

https://sarawakdisastermc.com/covid19/#1588872935080-16bd25c8-f3ac