I feel like the more they talk nonsense the higher the price go. Guys please talk more nonsense i support you!

IDSS also come out hahaha good faster think of more nonsense to talk about.

Today 24k cases reaching 30k soon. Faster use your brilliant brains and make some nonsense statement on that.

Thank you very much.

Hahaha.. so funny.. see what i mean about them trying so hard.. capacity to comprehend nuances are not available.. lol!

Those negative no vision people will try hard everyday to justify their ego for being wrong. But the price have been slowly creeping up. Laughable.

Price increase not because of AA Ride. That’s been talked about since couple months ago. Besides many recovery stocks are up as well.

Hospitalization and severe cases have been dropping a lot and continue to see improvement. MAEPS and CAC Melawati is now quite empty. Soon enough there’s no reason to continue lockdown when healthcare system are recovered, interstate will be allowed beginning with high vaccinated states.

Germany to stop using covid positive numbers to determine on lockdowns since majority of the cases are mild or even no symptoms. Instead will use hospitalization and icu numbers. That’s the way forward.

Don’t forget to subscribe to your RCUIDS at 0.75 when approved by Bursa :)

See you in the skies soon…

Well said. However my 2 cents is don’t waste time explaining nuances to these people. Judging from statements they make, the capacity to apprehend is not found.
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ImmortanJoe Sad to see people talking about business learning by just quoting for net without learning or understanding the fundamental knowledge about business management. The core business did not failed. It is just affected due to pandemic.

We need to learn the differences between failure & affected first. Happy investing guys.

Good sotong

It is very clear that i3lurker speaks from experience and lots of wisdom compared to others.

He cannot be wrong since he is a boss and has more experience and wisdom than most.

Even though AA remain as the only or few airline in the world without employee union and all AA crew worked so hard for the company and win 11 consecutive world’s best LCC, it is still considered a badly managed company and treated its employees badly. The employees shouldn’t work so hard and help the company win more awards. In fact they should quickly form a union to protect themselves.

All hail the wise i3lurker! AA will be doomed and bankrupted soon. There’s no way the wise i3lurker can be wrong. No way!

Those of you who don’t agree are just jealous because of his brilliance and wisdom. His brain is extraordinary. Don’t be a sour grape. This needs to be celebrated.

Let’s celebrate AA doomsday! Let’s short the counter and make tons of money. Don’t say i3lurker bo jio later.

/s

@Psaasslert You’re smart. Ok. Noted.

Jul 26, 2021 3:20 PM | Report Abuse

Really curious who is the “conglomerate” that will partner Bigpay for digital bank.

Word is that there are sum of around $100m USD investment into Bigpay (this info not yet verified).

Announcement soon to be made.
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Posted this on 26th. Yup now it is confirmed. Sk group invested 100million USD in a soon to be bankrupt AirAsia’s Bigpay. /s

https://newsroom.airasia.com/news/bigpay-raises-up-to-us100m-to-further-establish-itself-as-the-leading-challenger-bank-in-sea

https://www.timesofisrael.com/88-patients-0-intubated-israeli-precision-covid-drug-wrapping-up-early-trial/

Very promising trial!

Actually maybe you go elaborate more in AAX forum better I’m sure there got many like minded people like you that can understand you better. Here nobody cares about AAX.

Maxsuper you’re in the wrong forum. This is not AAX. AA only owns 13% of AAX. Very limited influence on AA.

Why not you elaborate more what is your problem here? What and how did Tony conned you? He force you to buy AAX?

Klang Valley 97% first dose 37.5% second dose. In another 3 weeks time the first dose will be done with second dose Pfizer and Sinovac. I believe AZ is smallest number. Almost there..

Sarawak total fully vaccinated at 64%. 6 days in a row without death. Only 21 in ICU and 4 on ventilator. Mostly Sinovac. Moving to phase 3 of NRP in a few days.

On a side note politics are ugly as usual in Malaysia.

I remember reading that 3rd dose will be given only to high risk and those who have immune system problems.

UK is doing very very well. Hospitalization and death remain low. Many are surprised by their sudden drop of cases despite Delta and the European Cup with so many people in the stadiums and on the street.

It will become endemic. US is studying how well the immunity from vaccines lasts and they found out that T cells have very good memories and is effective even after a two years into the pandemic. Their problem is that they have alot more anti vax community who are not willing to take vax. So it is essentially a pandemic for the unvaccinated for the US.

I think the risk is more to dilution rather than going bankrupt. AA can just keep diluting it’s shares to raise fund. A brand and dominant market leader business like AA will not be short of buyers if it decides to call it a day and let someone else take over.

Let’s go back to pre covid 2018 net profit. 1.8billion. After deducting one offs you get about 1.3billion. As of today’s price that’s a P/E of around 2.5, however post dilution after rights issue or rather rcuids it’ll be around P/E of 3. Isit overvalued? You judge for yourself.

If hardworking take a look at their financials from 10 years ago up to 2018 what is their growth in revenue and net profit. 2019 is the year they sold their planes and effected by accounting standards which has no effect on cash. You need to dig deeper to find its real cash flow from operations and how much they really make. AA has always been cash flow positive.

The pricing war may consolidate post covid. Just like the US big four. Then the margins will be way better. They can have price war for only so long and when they realize it’s not right to throw cash especially after covid consolidation will happen. Even MAS CEO said no more crazy price wars. Otherwise MAS will just be throwing taxpayers money like so many years before. And one day the Gov might just say enough is enough.

Also AA trimmed off money sucking Indian and Japan operations. That’s a good thing to just focus on money making markets.

All the above haven’t take into account of its digital venture which has started way before covid. Many people think they diversify because of covid but actually they started 2 years before that. Now they accelerate it, if any one of their digital ventures makes money that will trickle down to the bottomline of cash earned. Teleport first year revenue 200m. 2nd year 400m. Ebitda positive. Just imagine the growth down the years, they even buy their own cargo plane and converting AA’s airbus to remove all seats to cater for cargo. Go check out their network of destinations you will be amazed.

Businesses takes time to grow and make money. Most investors buy into AA’s business model and future prospects.

So i think most ppl invest in AA will hold and let it do it’s thing until life gets back to normal. We are in no hurry. It’s good the even 17k cases and announcement of rcuids the price still holding quite well after taking into consideration of the dilution price adjustment.

Ofcoz there are alot more who buy shares and want to sell tomorrow or next week for fast money. That’s why these people are so anxious. When it doesn’t happen they cut lose and curse the company.

Great management, market leader, ASEAN population and income growth. All these bodes well for AA.

Chill and relax.. see you guys in the skies soon…

https://newsroom.airasia.com/news/airasia-sets-up-ppv-at-redq

Baby steps along the way. Hang in there.

https://www.malaymail.com/news/money/2021/07/28/tony-fernandes-to-present-recommendations-for-malaysias-tourism-industry-re/1993391

Hang on guys!

It’s not that they don’t want to look at other stocks. They haven’t feed their ego that AA will crash. So everyday come here bark. Plus they have nothing better to do thinking they know AA so well when in fact they don’t know shit.

Coming budget 2021 will allocate 1.5-1.7 billion to boost recovery of tourism.

Why gov do all this ah? Thought interstate lock forever since some asspert here say covid gonna stay for many many years. People no money to fly la why ask invite tony for opinion? Bankrupt company also ask ah? Lol… /s

Finance minister + tourism minister + tony fernandes already had first meeting yesterday discussing about how to open up tourism. MAS not invited cause they are not significant LOL.

Yaya true.. only pilots and crew flying the ghosts. No people travel.

No one will have money to travel. No money to spend.

No one dare to travel. Delta is so deadly.

It’s proven. /s

https://www.theedgemarkets.com/article/airasia-posts-better-yoy-operating-statistics-2qfy21-amid-low-base-effect%C2%A0

https://newsroom.airasia.com/news/aagb-2q2021-preliminary-operating-statistics

Bankrupt soon… more bad news… sad. /s

Sk group must be nuts, partnering with a company potentially going to bankrupt and lose money and cannot pay “unsecured debts”. What a crazy world.

Too bad they haven’t disclose how much they invest and how many stake they get otherwise it’s going to be so laughable for putting money in a soon to file for bankruptcy company.

Way too easy for AirAsia to raise money left right up down. Confirm bankruptcy! If not bankrupt must be fake news! /s

https://www.themalaysianinsight.com/bahasa/s/329648

Vaccine works.

Really curious who is the “conglomerate” that will partner Bigpay for digital bank.

Word is that there are sum of around $100m USD investment into Bigpay (this info not yet verified).

Announcement soon to be made.

https://www.theedgemarkets.com/article/pm-govt-revises-target-expects-100-malaysian-adults-be-fully-vaccinated-october-instead-1q?type=malaysia

Looks like September it is.

UK freedom day (open all restrictions) on 16th July.

UK cases 51k on 16th. Yesterday case 31k. Vaccine works.

For those vaccinated it’s nothing more than a flu. Viral load is low.

Hospitalization and deaths remains very low compared to last year at the same positive case number.

Malaysia should see the same effect when vaccination reach 50% and by August some restrictions will be loosen as hinted by the gov. You cannot lockdown forever.

Since Sarawak state election need to be held soon, that’s why they are vaccinating so fast compared to others, September we should be able to cross state. Or latest by October when 70-80% population vaccinated.

2018 core profit 1.2B. Discount 50% 600M. At current price PE 6. If you assume recover two or three years later to normalize 2018 1.2B including dilution of rights issue. It’s PE 4. Not withstanding that margin should improve as MAS have said that they spoke with policy makers to have reasonable pricing and sustainable competition. Means no more throwing tax payer’s money to compete with AA. Even if they want they have been unsuccessful anyway.

Haven’t include their digital monetization and future income. Watch out for TELEPORT. Jewel in the crown.

Good days are ahead. Future is bright.

Actually, AA’s debt is very low since they’ve sold the planes. It’s reflected if you look at the balance sheet. Coincidence or not, luckily they sold of their planes otherwise today it will be Banks who will come knocking on their doors and the late payment or penalty interest will be terrifying.

The expenses they incur the most are leases and fuel expenses which have been renegotiated and deferred which the business partners have been very supportive to have a win-win situation. The expenses have been down about 70% and will continue be down. It’s also reflected in their cash flow statement.

AirAsia, the heavily indebted subsidiary of the Malaysian government-owned conglomerate, DRB-Hicom, which was losing money. Fernandes mortgaged his home and used his personal savings to acquire the company, comprising two Boeing 737-300 jet aircraft and debts of US$11 million (RM40 million), for one ringgit (about 26 US cents), and transformed it into an industry player.[14] One year after his takeover, AirAsia had broken even and cleared all its debts.[13] Its initial public offering (IPO) in November 2004 was oversubscribed by 130 per cent.[13]

Not bad for a conman. Have you reported to SC / Police that he conned you? Or isit just because you lost money on AAX shares? =p

My student,

Not sure what you’re trying to imply.
1) those invited are formerly khazanah not present.
2) MAS have its own CEO
3) current khazanah officers do not run the operations of MAS.

Yeah, for sure hope for a better team work on the recovery plan.

https://www.theedgemarkets.com/article/putrajaya-invites-opposition-parties-join-national-recovery-council?type=malaysia

“These professionals include former minister and Khazanah Research Institute chairman Tan Sri Nor Mohamed Yakcop, former Khazanah managing director Tan Sri Azman Mokhtar, AirAsia Group CEO Tan Sri Tony Fernandes.”

MAS not invited? Wtf. Lousy government asking opinion from soon to be bankrupted company CEO? Must be crazy. /s

well said @SMGaspar

@humbleisland yeah should have done that from the beginning. my bad. parasites do grow fast.

Sotong still strong!!

Go check Annual Report and see AMANAH SAHAM NASIONAL BERHAD a unit trust fund under PNB own how many percent of AA before talking lah... another troll spotted.

Correct use AAX as example. BANKRUPT ALREADY OR NOT? AAX also haven't how can you possibly think AA will bankrupt.

Look at recent digital company valuation. USD 1 billion. If you fail math let me help you. That's rm4 billion give and take. Just sell shares and pay lah...small money...

worst come to worst..PP again raise another round. lol...how to bankrupt when there are many appetite to invest in AA. even our ministry of Finance have indirect stake in AA.

GO fly kite la so hai! betul betul so hai this fella die die also want to win... i think he really hate me la for exposing his QR NUMBER WRONG....dunno how to read QR... post wrong number sure mislead people...ppl correct him he take it personally lol....damn small gas la... like a girl leh... but if you accuse me of conning him...prove it la... i have prove that you upload yourself that you con people with wrong QR number leh...

DUMB ENOUGH?

1) Restructure or whatever you will definitely need to have debtors approval to restructure la aiyooo....if so easy to run away with loan money.... bank why make huge profits?? Go study first. You think you file for bankrupt then no need pay is it? Almost all our loans from personal to housing to credit card are unsecured debts. You spend credit card then just bankrupt lah no need pay... unsecured what.. go apply 10 cards and do the same each 50k limit.. instant 500k for you to spend. no need pay what...your assumption are school boy assumptions... clearly have no idea how financials work.

besides... AA have so many prominent shareholders / ways to raise fund / its powerful brand in ASEAN.. many suitors will buy over AA anytime la... RI only 600-1 billion RM. small money for conglomerate lahh.....small brain only will think about bankruptcy lah....dont be so hai anymore can or not...laugh die ppl leh...

2) He is asking about RCUIDS. His assumption is bought at rm0.75. What has it got to do with 6 AA shares? RCUIDS will be listed you can buy it stand alone without buying AA shares. ARE YOU REALLY DUMB ENOUGH?

as usual, master of copy paste. we all know who is the one who keeps posting rm0.45 almost every other day. why don't copy and paste that? DUmb enough?

machoman888 Guys just want some clarification on the RCUIDS, hope some Sifus can shed some light on this;

I pay RM0.75 for RCUIDS
I get 8% profit per year for 7 years (8% of RM0.75 is RM0.06 per year)
After 7 years i get back; RM0.06 x 7 years = RM0.42

I am still short of RM0.33 (RM0.75 - RM0.42)

Let say I hold for 7 years (maximum tenure), I then convert to the mother share for a strike price of RM0.75 (Additional RM0.75, different from the RM0.75 I paid 7 years earlier for the RCUIDS), which means after 7 years I need the share price to be at least RM1.08 (RM0.75 + RM0.33) to breakeven*.

Is my understanding correct?

Note: "breakeven*" is not including any profit (if any) from the warrant
____________________________________________________________________________

Read the above question properly. You have to first understand the question before you can provide a correct answer. Did you see the calculations that he did wrongly and what his questions was? Was he worried about AA going bankrupt? A scenario question regarding the RCUIDS seven years later. I replied with...
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In_Sight @machoman888

You only pay one time rm0.75 for the rcuids. Don’t need to pay again to convert.

You can also sell when it’s listed at whatever the quoted market price is or sell back to AA at the same price for rm0.75

You basically WILL NOT lose money.

You are guaranteed 8% per annum for 7 years. However you can convert to mother share anytime from 4th year onwards. Once converted you will not get the 8% anymore from the remaining year(s).

For every two rcuids you also get one free warrant.
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My answer above in the context of his question. Which part of my answer con him? Only so hai because of EGO cannot lose want to win always want to blow things out of context. Dumb enough?

@humbleisland haha yeah I noticed that slip too. Management has guided that they do not foresee any problem for survival. All fund raising to be completed within this year.

@i3lurker where got 20 years. According to western and other countries which vaccinated faster they are still is super full lock down and curfew. Expected to last another 500 years. 20 years too optimistic la you. /s

@humbleisland exactly! My bad anyway. Overestimated his intelligence.

@trum if not for discussion and exchanging ideas then why are you here? Just to troll? How you know Tony run out of ideas? He told you?

https://www.washingtonpost.com/outlook/2021/07/21/covid-testing-vaccinated/

Ofcoz 4th year la why you so hai? lol really cannot brain. Bank give you high fd rate can let you withdraw anytime or lock you in certain period? You want 8% plus can sell anytime? And buy back at cost price without the risk of you losing your capital? You go try find see got or not. Don't keep proving your dumbness can?

Can sell back at rm0.75 get 8% per year. How to lose money you tell me?

Your example of AA share price drop to 10 cents will lose money is so dumb. Clearly shows you don't understand the RCUIDS term.

Accounting numbers are not infinite or fixed. Don't be stubborn. It can change with re-evaluation of businesses and or improving market conditions etc. Why so fixated on current accounting numbers? It's pandemic season of coz the numbers won't be nice. Same for so many other businesses as well. No vision ah? this situation is forever ah? your dumbness is forever too?

Tony bought AA with rm1 ringgit that comes with millions of debts and 2 planes. Turned it around paid off millions of "unsecured debts". why not AA just declare bankrupt back then? why sell to Tony? since according to you declare bankrupt no need pay back "unsecured debts". Smart ass.

Argue with dumb people really waste time. lol. continue be dumb la you. post more comments for me to laugh.

Those who believe him, good luck.

God sifu, the price 0.005 is a metaphor. It’s an example. Read all don’t read half. You are more funny cannot differentiate what is metaphor and what is sarcasm.

@sslee i think tmr may have some news from the agm im sure got ppl will ask. However approve or reject sure got news / announcement lah. You know how “fast” our government work right.

Correct @steadypunpipi key word “if no progress is made” i’d be worried too.

@Newinvestor202020 don’t like that la.. quote june 2020 news. Lol want laugh die people? Also bigpay teleport and other digital already started to build pre covid la. Where you live? Under the tempurung? This one confirm spread fake news.

@sslee

If nta is be all end all indicator then it would be easy to make money isnt it? All these numbers can change they are not fixed. Some can change very very fastz Top glove pe is 0. Is it a super good buy? Nestle nta is 3 but trading at 133. Is it super overvalued? Go figure.

I think many of us who bought AA here especially since the dip is because we share the same view of many other investors including 5 million shares that transacted today and every other day. Especially PP investors which include urusharta jemaah which is and arm of Ministry of Finance.

Just go read the news/interview why they choose to invest in AA. Our answers will be more or less similiar.

Finally. Why not?

Do you know what’s the meaning of filing for bankruptcy? Go study first. AA won’t file for bankruptcy. A good management will never do that. AA can sell of their business or businesses. Worst case scenario just like how they able to sell of their leasing companies / plane maintenance division / travel magazine & media company etc to create cash and value for the company and pay out as special dividend all these years. Their digital company already valued at rm1 billion usd. More than enough to cover 4 times for the rights issue price even if fully subscribe. How to bankrupt? So hai no study only will think about bankrupt.

If AA share price drop to 0.005 also you can surrender back at rm0.75 do you even read? That’s the terms of the RCUIDS. How to lose money if sell back same price? Fail maths.

Yeah its so unsecured that the owner underwrite their commitments to subscribe to it. OMG “UNSECURED LOAN” MUST BE VERY UNSECURED.

Really dumb. Anyway I’m putting this out hopefully those who ask get more information from reliable sources ya not from this hopelessly dumb ass hole. Your parents must be so proud of this wasted sperm.

“ppl top in the world economy what are we cannot even see in the MAP”

“ KLCI dont follow because KLCI not bull market its bear market”

Exactly you contradict youreelf. Apple and orange comparison. Not that simple after all. Your comment that klci will follow dow is not relevant LAH then.

@machoman888 yeah pls believe the one who can’t even read qr properly. What more RI announcement which is more complicated. Go google what’s the real meaning of the term “unsecured debt” and laugh loudly.

Technically this is still a RI to raise fund. They make it a “debt” so they can repay shareholders 8% per annum otherwise just straight do a normal rights issue which is easier. Why the hassle? Because they need to reward those who believe in them including all the other MAJOR and minor SHAREHOLDERS.

They even allow you to sell it back to them at cost price from 4th year onwards. So ask the so hai. How can you lose money? Always get info from reliable sources not from trolls who bark simply and spread dumbness.

I say spread dumbness not spread lies anymore because I realized they actually are not lying. They just don’t even know they are wrong.

@machoman888

You only pay one time rm0.75 for the rcuids. Don’t need to pay again to convert.

You can also sell when it’s listed at whatever the quoted market price is or sell back to AA at the same price for rm0.75

You basically WILL NOT lose money.

You are guaranteed 8% per annum for 7 years. However you can convert to mother share anytime from 4th year onwards. Once converted you will not get the 8% anymore from the remaining year(s).

For every two rcuids you also get one free warrant.