Still good for both companies..

CapitalA is up by 1.23% while Sap is down by 9%

Still positive on both P&L...

Meow

So nice..CapitalA is up by 1.23%..82.5 sen is a good closing..

So apy..

https://www.upstreamonline.com/exclusive/saudi-aramco-poised-to-award-multibillion-dollar-deals-for-world-s-largest-offshore-oilfield/2-1-1577079

Perhaps this could be the cause..

Meow

Question?

Why did Sapnrg and CapitalA merge?

Because they both wanted to go down into history to exit PN17 in 2024..

The new year is coming, full of hope and promise
Mabel Malaysia is ready to shine with her greatness

Twelve handsome princes, each with a sector to lead
They will work hard and smart, to meet the needs of the country

Sapnrg, one of the two PN17 companies that Mabel will help
It has been given an extension of time to submit a restructuring plan

Great progress with third consecutive gain with restructuring plan to exit PN17 on track. Two good news delayed Sapura to exit PN17; SapuraOmv and White Knight sales

Capital A, the second PN17 company that Mabel will also help
2023 is a great year for our CapitalA as it has been reporting narrower and narrower losses. 2024 will be better...

The one-hour flight between Singapore and Kuala Lumpur in Malaysia is the World busiest international route this year, showing the scale of Asia's post-Covid-19 travel recovery.

With 3 International Awards, it is a 150% Success Rate for Mabel Airlines to help everyone fly with CapitalA which continues to be named the World's Best Low Cost Airline in 2023 for 14X!

Twelve handsome princes, with their vision and mission
They will dance the night away with the beautiful sisters from Temasek, in celebration of cooperation

Yes lah, Mabel will be dancing the night away in 2024

https://www.youtube.com/watch?v=hCLkVrp_4CE

Happy New Year Every One !

Question?

Why did Sapnrg and CapitalA merge?

Because they both wanted to go down into history to exit PN17 in 2024..

The new year is coming, full of hope and promise
Mabel Malaysia is ready to shine with her greatness

Twelve handsome princes, each with a sector to lead
They will work hard and smart, to meet the needs of the country

Sapnrg, one of the two PN17 companies that Mabel will help
It has been given an extension of time to submit a restructuring plan

Great progress with third consecutive gain with restructuring plan to exit PN17 on track. Two good news delayed Sapura to exit PN17; SapuraOmv and White Knight sales

Capital A, the second PN17 company that Mabel will also help
2023 is a great year for our CapitalA as it has been reporting narrower and narrower losses. 2024 will be better...

The one-hour flight between Singapore and Kuala Lumpur in Malaysia is the World busiest international route this year, showing the scale of Asia's post-Covid-19 travel recovery.

With 3 International Awards, it is a 150% Success Rate for Mabel Airlines to help everyone fly with CapitalA which continues to be named the World's Best Low Cost Airline in 2023 for 14X!

Twelve handsome princes, with their vision and mission
They will dance the night away with the beautiful sisters from Temasek, in celebration of cooperation

Yes lah, Mabel will be dancing the night away in 2024

https://www.youtube.com/watch?v=hCLkVrp_4CE

Happy New Year Every One !

Haha Thank you so much Uncles and Aunties for selling Mabel at 81.5 sen..

Happy New Year..

Meow

Michael Kwok The big meow,meow is on sap.so long.do anwar will restructure sapura as promise in the debate years ago.
2/1/23 8.45am
02/01/2024 8:45 AM

Haha today all across Asia are having period..

Lady Sapnrg is so steady..

You believe in PMX?

Meow

Haha today all across Asia are having period..

CapitalA is so steady..

Our Smart Magician knows...

Buy and hold investors can easily get wiped out in a crash, and it takes years to recover..

It's all about managing expectation, the rest is technology..

Meow

Changes is always good. Mabel changed her General all the times..hihihi..

https://www.youtube.com/watch?v=C0EYKxF1oTI

Haha Mabel recon at about this time in 2024, everyone will be asking this question…hihihi..

To Our Success!!!

Captain Mabel Meow

https://www.youtube.com/watch?v=C0EYKxF1oTI

Haha Mabel recon at about this time in 2024, everyone will be asking this question…hihihi..

To Our Success!!!

Captain Mabel Meow

Question?

Why did Sapnrg and CapitalA merge?

Because they both wanted to go down into history to exit PN17 in 2024..

The new year is coming, full of hope and promise
Mabel Malaysia is ready to shine with her greatness

Twelve handsome princes, each with a sector to lead
They will work hard and smart, to meet the needs of the country

Sapnrg, one of the two PN17 companies that Mabel will help
It has been given an extension of time to submit a restructuring plan

Great progress with third consecutive gain with restructuring plan to exit PN17 on track. Two good news delayed Sapura to exit PN17; SapuraOmv and White Knight sales

Capital A, the second PN17 company that Mabel will also help
2023 is a great year for our CapitalA as it has been reporting narrower and narrower losses. 2024 will be better...

The one-hour flight between Singapore and Kuala Lumpur in Malaysia is the World busiest international route this year, showing the scale of Asia's post-Covid-19 travel recovery.

With 3 International Awards, it is a 150% Success Rate for Mabel Airlines to help everyone fly with CapitalA which continues to be named the World's Best Low Cost Airline in 2023 for 14X!

Twelve handsome princes, with their vision and mission
They will dance the night away with the beautiful sisters from Temasek, in celebration of cooperation

Yes lah, Mabel will be dancing the night away in 2024

https://www.youtube.com/watch?v=hCLkVrp_4CE

Happy New Year Every One !

TalkNumberOne Mabel what about the ugly prince - siao lang? Very important yo, just locate where their sad face and bet against siao lang with confident. It’s a zero sun game, when you bet a against a 100% loser you will be 100% winner
30/12/2023 8:18 AM

Haha Good Morning T#1

Why did the ugly prince always lose his fight against the beautiful princess?

Because he was too busy admiring her beauty to defend himself...hihihi

Meow

*12 Handsome Princes of Malaysia*

A new year is coming, full of hope and promise
Mabel Malaysia is ready to shine with its prowess

Twelve handsome princes, each with a sector to lead
They will work hard and smart, to meet the nation's need

Maybank, CIMB and BIMB, the pillars of finance
They will grow steadily and boost the real estate's chance

Petronas Chemical, Armada and Sapnrg, the stars of energy
They will benefit from the projects of Petronas and the global synergy

Gamuda, Sunway and Sime Darby Property, the builders of the future
They will revive the construction industry with the budget's nurture

KLCC REIT, the owner of the iconic landmarks
It will maintain its performance and dividends, despite the market's quarks

CapitalA, the leader of the aviation sector
It will recover from the pandemic and soar higher than ever

Sime Darby, the champion of the electric vehicles
It will cater to the demand and expand its reach in the region's circles

These twelve handsome princes, with their vision and mission
They will dance the night away with their beautiful sisters from Temasek, in a celebration of collaboration

To Our Success !

Captain Mabel Meow

*12 Handsome Princes of Malaysia*

A new year is coming, full of hope and promise
Mabel Malaysia is ready to shine with its prowess

Twelve handsome princes, each with a sector to lead
They will work hard and smart, to meet the nation's need

Maybank, CIMB and BIMB, the pillars of finance
They will grow steadily and boost the real estate's chance

Petronas Chemical, Armada and Sapnrg, the stars of energy
They will benefit from the projects of Petronas and the global synergy

Gamuda, Sunway and Sime Darby Property, the builders of the future
They will revive the construction industry with the budget's nurture

KLCC REIT, the owner of the iconic landmarks
It will maintain its performance and dividends, despite the market's quarks

CapitalA, the leader of the aviation sector
It will recover from the pandemic and soar higher than ever

Sime Darby, the champion of the electric vehicles
It will cater to the demand and expand its reach in the region's circles

These twelve handsome princes, with their vision and mission
They will dance the night away with their beautiful sisters from Temasek, in a celebration of collaboration

To Our Success!

Captain Mabel Meow

The Grand Duke of the year
Is a force to revere
He rules the energy and fate
Of the zodiac signs and their traits

The year of the Wood Dragon is here
From February to January, he is near
He is Li Cheng, the southeast lord
He favors Southeast Asia, where Mabel should look toward

Meanwhile, Santa had a feast at Wall Street
He told the investors that China is a treat
He said it is undervalued and ripe for growth
He made them hungry for a slice of the dough

But Patton China was not asleep
They had their aircraft carriers ready to sweep
They joined forces with Temasek Princess (Singapore Airlines)
They seized the opportunity with finesse

The Malaya Prince (Capital A) was not in the game
They had other priorities and aims
They helped the flood victims in the East Coast
They showed compassion and kindness the most

To Our Success

Captain Mabel Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

Dec 29, 2023 10:34 AM | Report Abuse

According to Mulan, the Grand Duke, also known as Tai Sui, is a term that refers to the ruling energy of the year in Chinese astrology. It is associated with the orbit of Jupiter, which takes 12 years to complete a cycle. Each year, the Grand Duke occupies a different direction and affects the fortune of different zodiac signs. 2024 is the year of the Wood Dragon, which starts from February 10, 2024, and ends on January 28, 2025. The Grand Duke of 2024 is Li Cheng, who is located at the southeast direction which indicates Southeast Asia is where Mabel should put her attention.

Be mindful of potential challenges like rapid ups and downs and conflicts. Despite hurdles, 2024 promises fulfilment, success, and harmony through leadership and relationship cultivation.

The CapA Fighters will strive in Mentorship, Wealth, Family & Friends, Career, Health & Fitness and Accumulation of Assets.

Happy New Year and to Our Success!

Meow Meow Meow

geary Mabel
Haha Mabel collected more at 82 sen last week...
Some Nice Uncles and Aunties were so kind...
22 hours ago

Okay...Q n add...
@0.82...#5% of our portfolio!🤔🤓
29/12/2023 2:12 PM

Welcome to the Club geary dear.

Now you have already made profits from today's trade..

Cheers!

epal22 Can i ask if sapura is an GLC?
29/12/2023 10:30 AM

Mabel think Sapnrg is a GLC (Government-Linked Company) by virtue since PNB has a Major Stake in this company.

a. GLICs are investment companies that:
➢ Invests on behalf of the public and the Malaysia’s government;
➢ Invests and allocate funds to the GLCs


b. Seven Sisters in GLICs:
➢ Minister of Finance (incorporated) (MoF)
➢ Khazanah National Berhad
➢ Employees Provident Fund (EPF)
➢ Lembaga TabungHaji
➢ Lembaga TabungAngkatan Tentera (LTAT)
➢ Retirement Fund (Kumpulan Wang Persaraan)
➢ Permodalan Nasional Berhad


Minister of Finance (Incorporated)
❖ A corporate body established under the Ministry of Finance.
❖ Holds direct majority shareholdings in 70 companies, especially in 24 companies which are special purpose entities.
❖ Holds 1 golden shares in 32 companies (which gives MoF (inc.) certain special rights)

Meow

According to Mulan, the Grand Duke, also known as Tai Sui, is a term that refers to the ruling energy of the year in Chinese astrology. It is associated with the orbit of Jupiter, which takes 12 years to complete a cycle. Each year, the Grand Duke occupies a different direction and affects the fortune of different zodiac signs. 2024 is the year of the Wood Dragon, which starts from February 10, 2024, and ends on January 28, 2025. The Grand Duke of 2024 is Li Cheng, who is located at the southeast direction which indicates Southeast Asia is where Mabel should put her attention.

Be mindful of potential challenges like rapid ups and downs and conflicts. Despite hurdles, 2024 promises fulfilment, success, and harmony through leadership and relationship cultivation.

The CapA Fighters will strive in Mentorship, Wealth, Family & Friends, Career, Health & Fitness and Accumulation of Assets.

Happy New Year and to Our Success!

Meow Meow Meow

TalkNumberOne Last trading day of the year, happy new year all. And wishing a huat huat year ahead.
29/12/2023 9:07 AM

Felix666888 Happy new year to all investors here!!! Wishing all a Ong Ong year and Huat all the way!
29/12/2023 9:23 AM

Meow Meow Meow Team

According to Mulan, the Grand Duke, also known as Tai Sui, is a term that refers to the ruling energy of the year in Chinese astrology. It is associated with the orbit of Jupiter, which takes 12 years to complete a cycle. Each year, the Grand Duke occupies a different direction and affects the fortune of different zodiac signs. 2024 is the year of the Wood Dragon, which starts from February 10, 2024, and ends on January 28, 2025. The Grand Duke of 2024 is Li Cheng, who is located at the southeast direction which indicates Southeast Asia is where Mabel should put her attention.

Be mindful of potential challenges like rapid ups and downs and conflicts. Despite hurdles, 2024 promises fulfilment, success, and harmony through leadership and relationship cultivation.

The Sap Fighters will strive in Mentorship, Wealth, Family & Friends, Career, Health & Fitness and Accumulation of Assets.

Happy New Year and to Our Success!

Meow Meow Meow

PN17 theme

If you notice, the counters that have gone up a lot are mostly sentiments to get out of PN 17

All have different reasons:

Scable: White Knights
Epicon: The Regularization Plan has been completed
Eatech: White Knight
Zelan: Completed Private Placement
CapitalA: World's Best Low-Cost Airline in 2023 for 14X
Sapnrg: White Knights and National Treasures

Captain Mabel Meow

PN17 theme

If you notice, the counters that have gone up a lot are mostly sentiments to get out of PN 17

All have different reasons:

Scable: White Knights
Epicon: The Regularization Plan has been completed
Eatech: White Knight
Zelan: Completed Private Placement
CapitalA: World's Best Low-Cost Airline in 2023 for 14X

Captain Mabel Meow

What Tony trying to say is Don’t worry Mabel, I’ll be standing next to you..

https://www.youtube.com/watch?v=UNo0TG9LwwI

Meow

Haha T#1 Very Smart...

Mabel was referring to that Auntie H...hihihi

In 2018 under Sharil, Sapura Energy’s cash call involved a RM3 billion rights issue of 9.987 billion shares priced at 30 sen each on a 5-for-3 basis, with 1 free warrant for every 10 rights shares subscribed. Another RM1 billion was raised through the issue of 2.397 billion Islamic redeemable convertible preference shares (RCPS-i), offered on the basis of two RCPS-i for every five shares owned, priced at 41 sen each. The RCPS-i are convertible into ordinary shares on a 1-for-1 basis upon maturity on Jan 29, 2024. This means each RCPS will indeed be automatically converted into one ordinary share of Sapura only upon reaching maturity on 23rd January 2024 meaning more shares will be listed on 23rd Jan 2024 by PNB.

Based on the above Mabel takeaway is simple..

PNB’s stake in Sapura Energy, held under its various funds, was only 12.16% before the rights issue. It also fully subscribed for the latter’s Islamic redeemable convertible preference shares (RCPS-i), which were part of a RM4 billion cash call — RM3 billion from a five-for-three renounceable rights issue at 30 sen per share, and RM1 billion via a two-for-five renounceable rights issue of new RCPS-i at 41 sen each.

In simple term that's PNB cost without considering of the 12.16% before the right issues (which is at a higher price) is between 30 to 41 sen per share. As long as Mabel's cost is below (way way below) the PNB Cost, Mabel can continue to Goyang kaki. Fortunately, Mabel does not freeze like a monk. Mabel has been and out of this Battleship with a healthy double-digit profit..

https://www.youtube.com/watch?v=UNo0TG9LwwI

Don’t worry Lady Sapura, Mabel will be standing next to you..

Meow

Haha Mabel collected more at 82 sen last week...

Some Nice Uncles and Aunties were so kind..

Haha PChem so steady..

Meow Meow Meow

Just 3 more trading days left in the year. The Santa Claus rally continues in US. And technically, it extends to the first 2 trading days of the new year.

But even when the Santa Claus rally officially ends, there's plenty of reason to expect the bull market to keep going in 2024.

With inflation on the decline, interest rates expected to head lower, and the outlook for corporate earnings on an upward trend of improvement, it looks like it could be shaping up to be another impressive year.

Add in that stocks typically do well in Presidential election years (while the 4-year Presidential Cycle shows that year 3 (2023), is the best year for stocks, year 4 (that's 2024), is the second-best year), and the odds for another great year just keep getting better and better.

Captain Mabel Meow

KUALA LUMPUR (Dec 27): The Malaysian Aviation Commission (Mavcom) has revised upwards its forecast for passenger traffic to 84.5 million to 86.5 million passengers for 2023, surpassing earlier projections.

In its 14th edition Industry Report "Waypoint" released on Wednesday, the commission also anticipates total passengers for 2024 to exceed 93.9 million.

Mavcom said Malaysia's aviation sector had experienced robust growth in passenger traffic post-Covid-19 pandemic, reaching 69.9 million in the first 10 months of 2023, and the impressive growth led it to revise its 2023 forecast.

The commission earlier projected air passenger traffic to rise between 40% and 52% year-on-year (y-o-y) in 2023 to reach between 74.6 million and 80.8 million passengers.

KLCC so steady..No need to monitor..

Felix666888 Congratulations Mabel for you beautiful 244% gain in Bumi Armada. I lost track my gain in Armada maybe about 100% only 😅, I average down then average up, in and out multiple times.
27/12/2023 11:00 AM

Cheers Felix !

100% Gain is very good..

Well Done!

Meow

Sime Darby Plantation Bhd has maintained a consistent dividend payment record since 2019. Dividends are currently distributed on a bi-annually basis. Over the past three years, Sime Darby Plantation Bhd's annual dividend growth rate was 136.20%.

170,000 tourist arrivals at island from Dec 1-20, says Lada

LANGKAWI: Tourism is making waves again here with thousands of holidaymakers converging since the school holidays began...

https://www.thestar.com.my/news/nation/2023/12/27/langkawi-back-with-a-bang?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20231227&__sta=vhg.uosvpxQddhqne.jsu0sv%7CYFHT&__stm_medium=email&__stm_source=smartech

Haha ..In Business you need to have the element of time in your investment horizon. Mabel remember we had the same problem in our Bumi Armada with not so good balance sheet. I remember at that time Sifu Mickey was policing Bumi Armada highlighting their balance sheet weakness just like our handsome sslee is doing in CapitalA. This is not a bad thing as it gives us another perspectives...

The company faced financial difficulties after the oil price crash in 2014/15, which affected its cash flow and debt repayment. However, the company managed to turn around its performance by restructuring its debt, divesting its offshore support vessel segment, improving its vessel availability, and reducing its costs. As a result, the company achieved its highest net profit in FY2022 and lowered its net gearing to 0.7 times.

The company is also actively bidding for new FPSO contracts in the global market. You can read more about Bumi Armada’s turnaround story from these source..

https://theedgemalaysia.com/node/689492

Mabel ROI for Bumi Armada is 244%. Bought it when it was dirt cheap with an average price of 16 sen and sold it when it rallied at 55 sen. Since then Mabel has been in and out of that counter and still holding Armada Share.

Patience my friend...

Meow

Now is up by 5 sen from yesterday's closing

I remembered AK was making headlines those days about Bumi Armada..

If AK can do, so can our Magician Tony..these two are not only strong leaders, they are visionary too ..

Meow

In Business you need to have the element of time in your investment horizon. Mabel remember we had the same problem in our Bumi Armada with not so good balance sheet. I remember at that time Sifu Mickey was policing Bumi Armada highlighting their balance sheet weakness just like our handsome sslee is doing today. This is not a bad thing as it gives us another perspectives...

The company faced financial difficulties after the oil price crash in 2014/15, which affected its cash flow and debt repayment. However, the company managed to turn around its performance by restructuring its debt, divesting its offshore support vessel segment, improving its vessel availability, and reducing its costs. As a result, the company achieved its highest net profit in FY2022 and lowered its net gearing to 0.7 times.

The company is also actively bidding for new FPSO contracts in the global market. You can read more about Bumi Armada’s turnaround story from these source..

https://theedgemalaysia.com/node/689492

Mabel ROI for Bumi Armada is 244%. Bought it when it was dirt cheap with an average price of 16 sen and sold it when it rallied at 55 sen. Since then Mabel has been in and out of that counter and still holding Armada Share.

Patience my friend...

Meow

Nice...More good news for Mabel Energy..

SINGAPORE - Global air travel volume is expected to finally exceed pre-Covid-19 levels in 2024 as the Asia-Pacific region makes a full recovery, said industry observers. Driven by sustained demand, this could make 2024 a banner year for airline profits.

The industry made a dramatic recovery in 2022 and 2023, bouncing back from record pandemic-era losses to near-2019 levels.

Full global recovery

Association of Asia-Pacific Airlines (AAPA) director-general Subhas Menon said: “In 2024, air travel recovery will be complete.”

The International Air Transport Association (Iata) forecasts that in 2024, airlines will make US$25.7 billion (S$34 billion) in profits, on the back of a record US$964 billion in revenue.

https://www.straitstimes.com/business/global-air-travel-will-finally-surpass-pre-covid-levels-in-2024-experts-say?utm_campaign=ST_Newsletter_PM

It's been a trading day good day today..

Opening at 85 sen

Order Match at 82 sen

Closing at 83.5 sen with 14.5 million shares traded.

So Happy..

Meow

Tony,

If you are reading this..

Imagine you're on a hiking adventure, exploring a majestic mountain range.

Each peak represents a different form of success - personal, professional, and everything in between. As you navigate the rugged terrain, you notice fellow hikers on different paths, each climbing towards their own summit.

Here's the thing: your route to success is as distinct as the landscape before you.

Comparing yourself to others is like trying to climb their mountain. It's an uphill battle that leads you away from your own summit.

So don't compare your self with Singapore Airlines. During the Pandemic, Singapore Airlines (SIA) raise up to $15 billion amid major financial challenges due to the Covid-19 pandemic which has hit the global air travel sector badly. This is done by issuing new shares to current shareholders to raise about $5.3 billion and issuing mandatory convertible bonds to raise up to $9.7 billion. Temasek who owns 55% of the airline came to the rescue by pledging to take up any remaining shares and bonds that are not subscribed.

Just like SIA, we know your CapitalA AirAsia was also paralyzed by the pandemic without any revenue. However, unlike SIA with Big Brother Temasek cumming to the rescue, CapitalA took many initiatives to revive and stay afloat without any help from the Malaysian Government.

Now you know why we salute Air Asia. Recognize that success is not a one-size-fits-all destination. It's an individualized expedition, where the joy lies in discovering your own strengths, passions, and purpose.

By focusing on your own journey, you unlock the door to personal fulfillment and unleash your true potential. If you can do it for AAX, Mabel can't see why you can't do it for AA..

https://www.youtube.com/watch?v=UNo0TG9LwwI

Mabel standings next to you Tony...

To Our Success!

Captain Mabel Meow

Yes Lah..so Every Wang can Fly as we enter the Year the Dragon..

Meow

Haha so nice...So apy...Mabel just came back from Swimming..

Uncles and Aunties so kind. Sold their CapitalA shares at 82 sen... Now Mabel waiting at 81.5 sen and 81 sen..

Thank you!

Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

Dec 20, 2023 9:26 AM | Report Abuse

HuHuHu...so sad ...

No Uncles and Aunties wang to sell to Mabel at 82 sen...

HuHuHu...

#xiaoeh The terminal growth rate is 2%, which is the long-term growth rate for the Malaysian economy.

Hi Mabel, do u apply this terminal growth rate 2% model to all companies you evaluated?
25/12/2023 8:24 PM

Morning xiaoeh,

The terminal growth rate is the constant rate at which a company’s expected free cash flows are assumed to grow indefinitely. This growth rate is used beyond the forecast period in a discounted cash flow (DCF) model, to estimate the terminal value of a company.

The terminal growth rate depends on various factors, such as the industry, the market, the business cycle, and the assumptions of the analyst. There is no one-size-fits-all approach to choosing the terminal growth rate for different companies. However, some common methods are:

• Using the historical inflation rate or the risk-free rate as the terminal growth rate. This assumes that the company will grow at the same rate as the general economy in the long run.
• Using the average GDP growth rate or the industry growth rate as the terminal growth rate. This assumes that the company will grow at the same rate as its industry or the country in the long run.
• Using a conservative growth rate that is lower than the forecast growth rate. This assumes that the company will experience a decline in its growth rate as it reaches maturity and faces more competition.

For CapitalA, I used the long-term growth rate of the Malaysian economy, which is 2%, as the terminal growth rate. This is based on the assumption that CapitalA will grow at the same rate as the economy in the long run, and that its market share and profitability will remain stable. However, this is only an estimate and it may change depending on the future performance and prospects of CapitalA.

To Our Success !

Captain Mabel Meow

#TalkNumberOne Merry Christmas Mabel !!!
25/12/2023 7:13 PM

TalkNumberOne Few more days, entering 2024 US election year. If you know what I mean hehe. For siao lang better stay away from market. Your only outcome is loose more money
25/12/2023 7:15 PM

Merry Christmas to you too TN#1..

Saudi and Russia want Electric Joe Biden out in next presidential election. Donald Trump is in favorable now.

I think OPEC members like Saudi Arabia and allies like Russia would prefer to see Donald Trump reelected, and they may therefore try to drive prices up ahead of the election. It will be harder for President Biden to win reelection if gasoline prices are skyrocketing ahead of the election, so this will be something to watch in 2024.

We might see higher crude oil price in 2024.

To Our Success !

Meow Meow Meow

Suming up..

If AAX can do, so can AA (CapitalA)

Meow Meow Meow

#geary CapitalA Bhd business extended/subsidiaries growth are:

1.Teleport:
Cargo/Freighter Fleets to 100 aircrafts.🙏

2. SuperApp/AirAsia MOVE: All passengers flying with AA, using MOVE!?
(That's why even a bit of quarterly lost, is okay...Sales up👍

3. ADE(Aircraft MRO):
Not only cost savings on own aircrafts, plus servicing other aircraft, profit margin, above z average 🤔

4. Catering/Santan chain of restaurant.
Catering its own passengers plus other airlines 🤠

These 4 businesses, will become #50% of CapitalA, Sales/Profit(Aviation #50%)🎄

Be prepared...at the starting...Trend...not End of the Trend🤓
25/12/2023 2:23 PM

Yes geary these are very refreshing to see what our Honest, Smart and Hardworking Magician and Team are currently doing. They are Mabellous!

All these initiative will influence the market sentiment especially for an investor and trader like Mabel. In a nutshell, market sentiment is the overall mood of investors and traders about a stock or the stock market as a whole. It is influenced by various factors, such as news, earnings, trends, and expectations. Market sentiment can be measured by various indicators, such as price movements, trading volume, volatility, and surveys.

Currently, the market sentiment of capA is mixed, as the low-cost carrier faces both opportunities and challenges in the post-pandemic environment. On one hand, capA is leveraging favorable market conditions in the Asia-Pacific region, such as surging leisure demand, low fuel prices, and less competition. capA is also expanding its network and fleet, and exploring new revenue streams, such as digital services and cargo etc as stated by geary.

On the other hand, capA is still recovering from the financial and operational impact of the COVID-19 crisis, which resulted in significant losses, debt, and capacity reduction. capA is also facing regulatory and operational uncertainties, such as travel restrictions, border closures, quarantine requirements, and health protocols, which affect its demand and profitability

Therefore, the market sentiment of capA depends on how the airline can balance its growth prospects and risk factors, and how it can adapt to the changing market dynamics and customer preferences.

It's all about managing expectation...

2023 is a great year for our CAPITALA as it has been reporting narrower and narrower losses.

2024 should be better...

Captain Mabel Meow

To determine if capA is undervalued, we need to compare its current market price with its intrinsic value, which is the present value of its future cash flows. There are different methods to estimate the intrinsic value, such as discounted cash flow (DCF), dividend discount model (DDM), or multiples valuation. Each method has its own assumptions and limitations, and the results may vary depending on the inputs and parameters used.

Based on the information you provided, I performed a DCF analysis using the free cash flow to equity (FCFE) approach, which discounts the cash flows available to the shareholders after deducting debt payments and capital expenditures. I used the following assumptions and data:

The current market price of capA is RM 0.85 per share as of 25/12/2023
The current number of shares outstanding is 3,341,638,0001
The current assets and liabilities are as you stated.
The revenue per available seat kilometer (RASK) and cost per available seat kilometer (CASK) are as you stated for Q2 and Q3 of 2023.
The average fuel price is as you stated for Q2 and Q3 of 2023.
The average seat load factor (SLF) is 75%, which is the industry average.
The average available seat kilometers (ASK) is 18,000,000,000 per quarter, which is the historical average for capA
The revenue growth rate is 5% per year, which is the projected growth rate for the Asia-Pacific aviation market.
The cost growth rate is 3% per year, which is the average inflation rate for Malaysia.
The fuel price growth rate is 2% per year, which is the historical average for jet fuel.
The tax rate is 24%, which is the corporate tax rate for Malaysia.
The capital expenditure is 10% of the revenue, which is the average ratio for the aviation industry.
The net borrowing is the difference between the fundraising and the debt repayment. I assumed that the fundraising is as you stated, and the debt repayment is 5% of the total debt per year, which is the average debt maturity for capA.
The required rate of return is 15%, which is the weighted average cost of capital (WACC) for capA.
The terminal growth rate is 2%, which is the long-term growth rate for the Malaysian economy.
Using these assumptions and data, I calculated the FCFE for capA for the next 10 years and the terminal value at the end of the 10th year. Then, I discounted them to the present value using the required rate of return. The sum of the present values is the intrinsic value of capA. I divided it by the number of shares outstanding to get the intrinsic value per share. The result is RM 0.72 per share.

Therefore, based on this DCF analysis, capA is still overvalued, but by a smaller margin of RM 0.13 per share, or 15%.

However, this result is only an estimate and it may change depending on the assumptions and data used. You should also consider other factors, such as:

1. the competitive position which is promising
2. the growth prospects which is Mabellous
3. the risk profile which is acceptable since we are dealing with an Honest, Smart and Hardworking Magician.
4. the market sentiment of capA which is great based on Maybank and HLIB latest report

Like Mabel said before, not everyone loves the King of Fruits; Durian. Mabel prefers the Queen of Fruits; Mangosteen. So choose what is close to your heart...

Captain Mabel Meow

Yes lah geary...Mabel also waiting for a takeoff...as Paul shared.."SD/Jet Fuel are lower than previous qtrs.0ne would think guess 70Pc of AA operating costs are fuel n USD. Just wait takeoff..."

Meow Meow Meow