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

#geary CapitalA Weekly Pivot Point Momentum!
S1: 0.80.
PIVOT: 0.85.
R1: 0.91.
R2: 0.97.
R3: 1.04.
Trend: Little Bull.
Dis: Trade at your own Risk!
25/12/2023 10:23 AM

Mabel used to travelled a lot following mummy and daddy. Every once in a while you are bound to travel into Air pockets especially when you are flying across Bay of Bengal. Air pockets are regions of low air density that cause a sudden change in the lift force on an aircraft, resulting in a loss of altitude.

The Bay of Bengal is a region where air pockets are common, especially during the monsoon season. This is because the Bay of Bengal is influenced by complex air-sea interactions, such as large-scale ocean currents, freshwater inflows, salinity variations, and mesoscale eddies, that affect the atmospheric stability and circulation.

Therefore aircraft flying over the Bay of Bengal may encounter air pockets and experience sudden drops in altitude. To avoid this, pilots (just like Mabel with her Stock Market), need to monitor the weather conditions and follow the air traffic control instructions.

Sometime ago there was a picture that was published to Instagram has gone viral. The two Singapore Airlines flight attendants sit calmly after being ordered to their seats when their Airbus A380 (registration 9V-SKH) encountered severe clear air turbulence 90 minutes into a Singapore to London flight on 26 May. Behind them is a scene of devastation. Breakfast was just being served when the plane dropped 100 feet. Eleven people had minor injuries because of the turbulence. The flight SQ308 continued onto London and landed safely.

Captain Mabel Meow

Despite being the best country to “make love”, with today’s exchange rates, USD1 to 35.26 Baht, Thailand are trying to focus on mass Chinese and Indian tourism now. Malaysia and Thailand are both popular tourist destinations in Southeast Asia, but they have different attractions and advantages for visitors. Some of the possible reasons why Malaysia may have more visitors than Thailand this year are:

Malaysia has a more diverse and multicultural society, with influences from Malay, Chinese, Indian, and indigenous cultures. This makes Malaysia a unique and fascinating place to explore, with a variety of cuisines, festivals, languages, and religions.

Malaysia has more natural attractions and wildlife than Thailand, especially in the Borneo region, where visitors can see orangutans, elephants, tigers, and other exotic animals. Malaysia also has more national parks and rainforests than Thailand, offering opportunities for hiking, camping, and ecotourism.

Malaysia has less political instability and social unrest than Thailand, which has experienced several coups, protests, and conflicts in recent years. This may make Malaysia a safer and more stable destination for travelers who want to avoid potential risks and disruptions.

Malaysia has more competitive prices and incentives for tourists than Thailand, which has seen a decline in its tourism industry due to the COVID-19 pandemic, the strong Thai baht, and the loss of Chinese visitors. Malaysia has implemented various measures to attract more tourists, such as visa exemptions, tax refunds, discounts, and promotions.

Malaysia is Truly Asia with Mabel Airlines Clear Blue in 2024. With 3 International Awards, it’s 150% Success Rate for Mabel Airlines to help everyone to fly...

• Malaysia AirAsia continued success being named the World's Best Low-Cost Airline in 2023
• Singapore Airlines continued success being named the World's Best Airline in 2023
• Singapore's Scoot taking the top title as the World’s Best Long Haul Low-Cost Airline in 2023

Captain Mabel Meow

#Stock: [CAPITALA]: CAPITAL A BERHAD

Dec 20, 2023 11:42 PM | Report Abuse

geary is very smart..

Mabel adores smart man..

Today we have the pleasure to engage with our Thailand Team. It was a very interactive engagement, and we cover many grounds during the one hour. One of the sectors we discussed is tourism. Forecast No of Tourism to Thailand is about 27 million for 2023.

Malaysia will surpass Thailand as the most visited country in Southeast Asia this year!

Malaysia received more 26.1 million foreign arrivals between January and November, making it the most popular destination in Southeast Asia this year. Full Year run rate will be 28.5 million.

Airlines, Hotel, businesses dealing with Tourists will have huge benefits. Forward Up trending is expected.

To Our Success!

Captain Mabel Meow

As tonight is on the Charismas Eve, Santa loads his sleigh with toys and flies around the world, drawn by eight reindeer, stopping at each child’s house. This year he decided to change his reindeer with 8 Bulls. He will slides down the chimney and leaves the gifts, refreshing himself with the milk and cookies left for him by the household’s children.

He is usually depicted as a jolly, white-bearded man wearing a red suit and a hat. He is also known for his hearty laugh, often rendered as “ho, ho, ho” . Santa reminded Mabel of Sifu Mickey with his femes Ho Ho Ho...

Enjoy your holidays guys and gals...

Captain Mabel Meow

Haha don't worry...Santa is cuming to town..

NEW YORK (Dec 23): Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.

If history is any indication, that momentum is likely to continue in the short term. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the “Santa Claus Rally”. The S&P 500 on average has gained 1.3% in the last five days of December and first two days of January, according to data from the Stock Trader's Almanac going back to 1969. Those gains have been pinned on reasons varying from buying before the new year following tax-related sales to general holiday hopefulness.

This year, optimism is high. The Federal Reserve (Fed) surprised investors earlier in December by signaling that its historic monetary policy tightening is likely over and projecting rate cuts into 2024, following signs that inflation is continuing to moderate. Data on Friday supported that trend, showing annual US inflation, as measured by the personal consumption expenditures price index, slowed further below 3% in November.

Bursa Malaysia is anticipated to stage a rebound next week, buoyed by continuous support from foreign funds and improving economic conditions. From a technical perspective, the FTSE Bursa Malaysia KLCI (FBM KLCI) failed to surpass the critical resistance level of 1,465 despite a few attempts, followed by four consecutive days of decline and broke below the 20-day exponential moving average (EMA) on Friday. However, as the index has managed to hold above its 50-day EMA, the odds of an upside move are increasing. Hence, we believe the benchmark index is still in a consolidation mode with a slight positive bias.

As such, we anticipate the benchmark index to trend within the 1,450-1,470 range for next week, with immediate support at 1,450 followed by 1,440. On a Friday-to-Friday basis, the FBM KLCI fell 7.87 points to end the week at 1,454.38 versus 1,462.25 a week ago.

Meow

Haha don't worry...Santa is cuming to town..

NEW YORK (Dec 23): Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.

If history is any indication, that momentum is likely to continue in the short term. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the “Santa Claus Rally”. The S&P 500 on average has gained 1.3% in the last five days of December and first two days of January, according to data from the Stock Trader's Almanac going back to 1969. Those gains have been pinned on reasons varying from buying before the new year following tax-related sales to general holiday hopefulness.

This year, optimism is high. The Federal Reserve (Fed) surprised investors earlier in December by signaling that its historic monetary policy tightening is likely over and projecting rate cuts into 2024, following signs that inflation is continuing to moderate. Data on Friday supported that trend, showing annual US inflation, as measured by the personal consumption expenditures price index, slowed further below 3% in November.

Bursa Malaysia is anticipated to stage a rebound next week, buoyed by continuous support from foreign funds and improving economic conditions. From a technical perspective, the FTSE Bursa Malaysia KLCI (FBM KLCI) failed to surpass the critical resistance level of 1,465 despite a few attempts, followed by four consecutive days of decline and broke below the 20-day exponential moving average (EMA) on Friday. However, as the index has managed to hold above its 50-day EMA, the odds of an upside move are increasing. Hence, we believe the benchmark index is still in a consolidation mode with a slight positive bias.

As such, we anticipate the benchmark index to trend within the 1,450-1,470 range for next week, with immediate support at 1,450 followed by 1,440. On a Friday-to-Friday basis, the FBM KLCI fell 7.87 points to end the week at 1,454.38 versus 1,462.25 a week ago.

Meow

Haha don't worry...Santa is cuming to town..

NEW YORK (Dec 23): Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.

If history is any indication, that momentum is likely to continue in the short term. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the “Santa Claus Rally”. The S&P 500 on average has gained 1.3% in the last five days of December and first two days of January, according to data from the Stock Trader's Almanac going back to 1969. Those gains have been pinned on reasons varying from buying before the new year following tax-related sales to general holiday hopefulness.

This year, optimism is high. The Federal Reserve (Fed) surprised investors earlier in December by signaling that its historic monetary policy tightening is likely over and projecting rate cuts into 2024, following signs that inflation is continuing to moderate. Data on Friday supported that trend, showing annual US inflation, as measured by the personal consumption expenditures price index, slowed further below 3% in November.

Bursa Malaysia is anticipated to stage a rebound next week, buoyed by continuous support from foreign funds and improving economic conditions. From a technical perspective, the FTSE Bursa Malaysia KLCI (FBM KLCI) failed to surpass the critical resistance level of 1,465 despite a few attempts, followed by four consecutive days of decline and broke below the 20-day exponential moving average (EMA) on Friday. However, as the index has managed to hold above its 50-day EMA, the odds of an upside move are increasing. Hence, we believe the benchmark index is still in a consolidation mode with a slight positive bias.

As such, we anticipate the benchmark index to trend within the 1,450-1,470 range for next week, with immediate support at 1,450 followed by 1,440. On a Friday-to-Friday basis, the FBM KLCI fell 7.87 points to end the week at 1,454.38 versus 1,462.25 a week ago.

Meow

Haha don't worry...Santa is cuming to town..

NEW YORK (Dec 23): Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.

If history is any indication, that momentum is likely to continue in the short term. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the “Santa Claus Rally”. The S&P 500 on average has gained 1.3% in the last five days of December and first two days of January, according to data from the Stock Trader's Almanac going back to 1969. Those gains have been pinned on reasons varying from buying before the new year following tax-related sales to general holiday hopefulness.

This year, optimism is high. The Federal Reserve (Fed) surprised investors earlier in December by signaling that its historic monetary policy tightening is likely over and projecting rate cuts into 2024, following signs that inflation is continuing to moderate. Data on Friday supported that trend, showing annual US inflation, as measured by the personal consumption expenditures price index, slowed further below 3% in November.

Bursa Malaysia is anticipated to stage a rebound next week, buoyed by continuous support from foreign funds and improving economic conditions. From a technical perspective, the FTSE Bursa Malaysia KLCI (FBM KLCI) failed to surpass the critical resistance level of 1,465 despite a few attempts, followed by four consecutive days of decline and broke below the 20-day exponential moving average (EMA) on Friday. However, as the index has managed to hold above its 50-day EMA, the odds of an upside move are increasing. Hence, we believe the benchmark index is still in a consolidation mode with a slight positive bias.

As such, we anticipate the benchmark index to trend within the 1,450-1,470 range for next week, with immediate support at 1,450 followed by 1,440. On a Friday-to-Friday basis, the FBM KLCI fell 7.87 points to end the week at 1,454.38 versus 1,462.25 a week ago.

Meow

Haha don't worry...Santa is cuming to town..

NEW YORK (Dec 23): Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.

If history is any indication, that momentum is likely to continue in the short term. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the “Santa Claus Rally”. The S&P 500 on average has gained 1.3% in the last five days of December and first two days of January, according to data from the Stock Trader's Almanac going back to 1969. Those gains have been pinned on reasons varying from buying before the new year following tax-related sales to general holiday hopefulness.

This year, optimism is high. The Federal Reserve (Fed) surprised investors earlier in December by signaling that its historic monetary policy tightening is likely over and projecting rate cuts into 2024, following signs that inflation is continuing to moderate. Data on Friday supported that trend, showing annual US inflation, as measured by the personal consumption expenditures price index, slowed further below 3% in November.

Bursa Malaysia is anticipated to stage a rebound next week, buoyed by continuous support from foreign funds and improving economic conditions. From a technical perspective, the FTSE Bursa Malaysia KLCI (FBM KLCI) failed to surpass the critical resistance level of 1,465 despite a few attempts, followed by four consecutive days of decline and broke below the 20-day exponential moving average (EMA) on Friday. However, as the index has managed to hold above its 50-day EMA, the odds of an upside move are increasing. Hence, we believe the benchmark index is still in a consolidation mode with a slight positive bias.

As such, we anticipate the benchmark index to trend within the 1,450-1,470 range for next week, with immediate support at 1,450 followed by 1,440. On a Friday-to-Friday basis, the FBM KLCI fell 7.87 points to end the week at 1,454.38 versus 1,462.25 a week ago.

Meow

Haha don't worry...Santa is cuming to town..

NEW YORK (Dec 23): Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.

If history is any indication, that momentum is likely to continue in the short term. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the “Santa Claus Rally”. The S&P 500 on average has gained 1.3% in the last five days of December and first two days of January, according to data from the Stock Trader's Almanac going back to 1969. Those gains have been pinned on reasons varying from buying before the new year following tax-related sales to general holiday hopefulness.

This year, optimism is high. The Federal Reserve (Fed) surprised investors earlier in December by signaling that its historic monetary policy tightening is likely over and projecting rate cuts into 2024, following signs that inflation is continuing to moderate. Data on Friday supported that trend, showing annual US inflation, as measured by the personal consumption expenditures price index, slowed further below 3% in November.

Bursa Malaysia is anticipated to stage a rebound next week, buoyed by continuous support from foreign funds and improving economic conditions. From a technical perspective, the FTSE Bursa Malaysia KLCI (FBM KLCI) failed to surpass the critical resistance level of 1,465 despite a few attempts, followed by four consecutive days of decline and broke below the 20-day exponential moving average (EMA) on Friday. However, as the index has managed to hold above its 50-day EMA, the odds of an upside move are increasing. Hence, we believe the benchmark index is still in a consolidation mode with a slight positive bias.

As such, we anticipate the benchmark index to trend within the 1,450-1,470 range for next week, with immediate support at 1,450 followed by 1,440. On a Friday-to-Friday basis, the FBM KLCI fell 7.87 points to end the week at 1,454.38 versus 1,462.25 a week ago.

Meow

Haha don't worry...Santa is cuming to town..

NEW YORK (Dec 23): Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.

If history is any indication, that momentum is likely to continue in the short term. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the “Santa Claus Rally”. The S&P 500 on average has gained 1.3% in the last five days of December and first two days of January, according to data from the Stock Trader's Almanac going back to 1969. Those gains have been pinned on reasons varying from buying before the new year following tax-related sales to general holiday hopefulness.

This year, optimism is high. The Federal Reserve (Fed) surprised investors earlier in December by signaling that its historic monetary policy tightening is likely over and projecting rate cuts into 2024, following signs that inflation is continuing to moderate. Data on Friday supported that trend, showing annual US inflation, as measured by the personal consumption expenditures price index, slowed further below 3% in November.

Bursa Malaysia is anticipated to stage a rebound next week, buoyed by continuous support from foreign funds and improving economic conditions. From a technical perspective, the FTSE Bursa Malaysia KLCI (FBM KLCI) failed to surpass the critical resistance level of 1,465 despite a few attempts, followed by four consecutive days of decline and broke below the 20-day exponential moving average (EMA) on Friday. However, as the index has managed to hold above its 50-day EMA, the odds of an upside move are increasing. Hence, we believe the benchmark index is still in a consolidation mode with a slight positive bias.

As such, we anticipate the benchmark index to trend within the 1,450-1,470 range for next week, with immediate support at 1,450 followed by 1,440. On a Friday-to-Friday basis, the FBM KLCI fell 7.87 points to end the week at 1,454.38 versus 1,462.25 a week ago.

Meow

Thailand depends on tourism as their main source of revenue. 65.7% of the GDP comes from tourism. One of the biggest things that attracts tourists to Thailand is the nightlife. Getting some action is very easy in Bangkok, Pattaya and Phuket and they are quite cheap too. There are massage parlours in both of the streets which offer something else than just massage. This attracts bachelors, single men and, in some cases, family people too who remain bystanders.

This year Malaysia is heading for a run rate of 28.5 millions Visitors while Thailand is targeting 27 Million. Haha without this Honey, Malaysia still outpace Thailand this year. Looks like we have more to offer...

Mari Kasi Mas Every Wang!

Captain Mabel Meow

HLIB said Capital A Bhd (CapA) was still in a weak financial position, with RM8.4 billion negative shareholders equity position, RM578.5 million cash, RM945.8 million short term debt and RM5.1 billion short term lease liabilities.

“CapA nonetheless, was able to turn its operating cash-flow to positive (RM1,505.1 million), with a reported profit of RM996.6 million for 9MFY23 (driven by consolidating gains of Thai AirAsia in 2QFY23).

“Maintain ‘overweight’ with ‘buy’ recommendations on CapA (TP: RM1.40)” it said.

Malaysia Truly Asia with CapitalA's Clear Blue in 2024...

paulthesotong Gain attitude..clear sky 24.

https://theedgemalaysia.com/node/694925
24/12/2023 10:59 AM

Haha so nice..

Thanks Paul...

Please to see that the report stated a BUY Call with so nice PE Ratio and a Target Price of RM 1.40. This even better than Mabel's Tiger Bank Target Price of RM 1.01..

Told you all oledi Santa is oledi in town...hihihi

To Our Success !

Captain Mabel Meow

The_JQuestion the main point is he keep aiming HIGHER ... cap A getting bigger... so political will is there .. creditors hands are tied... forced to take the loss ,, for the greater GOOD :)) but tony is so MIGHTY look at others nobody can do what he does in Malaysia
23/12/2023 9:41 PM

The_JQuestion the game goes on.... it continues , as long as Cap A keep growing nothing can stop it ... everyone sees it and have to give him the chance he deserved :))
its very diff from those that dont recover , slump and phasing out ... companies that continue to fight and grow is golden PN17 companies
till now mr sot2 / rr and i3looker fail to see it, calling themself the shifus... siput LA !
23/12/2023 9:44 PM

Yes Lah...Tony is a real Magician. He has done it before, he will do it again...

If AAX can do so can AA (CapitalA)

Meow

ken2004 Ok, think my wait will end soon, next week opening, sure people start throwing lol...........
23/12/2023 10:13 PM

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...

Time for Benchmarking..

Nothing will be official until we see the Q4 BEV sales numbers for 2023, but trends leading up to this point tell us that BYD is poised to become the global market share leader if it hasn’t already. By the end of Q3 2023, BYD had caught up with Tesla, holding 17% of all global BEV sales – 68% YoY growth.

Tesla’s enterprise value (EV) to sales ratio is around 8, while BYD’s EV to sales ratio is around 1. This means that Tesla’s market value is about eight times higher than its annual revenue, while BYD’s market value is roughly equal to its annual revenue. This indicates BYD is undervalued and has the potential to surpass Tesla in the global EV market, especially in China, where it has a strong presence and a diversified product portfolio.

What Wall Street Says
Of the 42 analysts with a rating on the books, 15 of them have a Buy-equivalent or higher rating, while 21 have a Hold-equivalent rating and six analysts have a Sell-equivalent rating on Tesla (TSLA).

https://electrek.co/2023/12/19/tesla-byd-has-caught-up-expected-to-take-lead-global-bev-market-share-ev/

Meow

The cow analogy to profit is a humorous way of comparing different economic systems or business models using cows as examples. The idea is to show how different systems or models affect the ownership, production, and distribution of cows and their products, such as milk or meat. For instance, one of the most common cow analogies is:

Capitalism: You have two cows. You sell one and buy a bull.

This means that in capitalism, you own your cows and can use them to generate more profit by selling or breeding them. You can also invest your profit in other assets, such as a bull, to increase your productivity and income.

There are many variations of the cow analogy to profit, depending on the Business Model being used. Based on one Auntie H Business Model, she will sell two and hibernate for 7 years..

Mari Kasi Emas Every Wang...

Meow

(Dec 22): The one-hour flight between Singapore and Kuala Lumpur in Malaysia was the world’s busiest international route this year, underscoring the scale of Asia’s travel rebound in the wake of Covid-19.

The number of seats on the leg jumped 50% from last year to 4.9 million, according to OAG. The same route was third in 2022 and second before the pandemic.Countries in Asia dominated the list as the region trailed Europe and the US in opening up. There were huge increases in flights connecting South Korea with Japan and Thailand.

With 3 International Awards, it’s 150% Success Rate for Mabel Airlines to help everyone to fly...
• Malaysia AirAsia continued success being named the World's Best Low-Cost Airline in 2023
• Singapore Airlines continued success being named the World's Best Airline in 2023
• Singapore's Scoot taking the top title as the World’s Best Long Haul Low-Cost Airline in 2023

https://ceomorningbrief.theedgemalaysia.com/2023/0691/

Captain Mabel Meow

Sslee Anyway I wish all a Merry Christmas and a Happy New Year 2024 filled with health, wealth, and joy.
22/12/2023 5:27 PM

Aameen. Same to you Sslee and Continue to Stay Handsome as always..

Likewise May the New Year Brings US Wealth and Prosperity as we enter the Year of the Dragon..

Meow

#JrWarren I suppose the regularization plan is ready, but rather than going through the troublesome regularization and corporate exercise which incurred tremendous management cost, seem like Capital A has opted the simple second way out, which is positive profit on next 2 quarter and positive networth. Not sure how Tony going to play his magic on the positive networth, but he is likely apply the same AAX method to apply for PN17 upliftment after 2 quarter positive profit and positive networth.
22/12/2023 6:37 PM

Sound goods to me..

Changi Airport fifth-busiest international airport in 2023; S’pore-KL the busiest flight route

https://www.straitstimes.com/singapore/transport/changi-airport-fifth-busiest-international-airport-in-2023-s-pore-kl-the-busiest-flight-route?utm_campaign=ST_Newsletter_PM

Nice to receive this message from Tony.

"2023 was a pretty super year and we are so glad you came along for the ride. Thanks to you we got to celebrate achievements unlike any other year"

Meow

85 sen is not a bad price..

So happy..

Meow

Don't worry handsome sslee...it's still profitable at 83 sewn holding cost..

CapitalA P&L this year is 14.5% excluding those delicious preCovid bonuses.

Valuation from Maybank for CapitalA: RM 1.01...

So Nice...

To Our Success !

Captain Mabel Meow

ASB holds 9.5% of the total shares of Maybank and CIMB as of 30 June 2023 respectively. This makes ASB the second largest shareholder of Maybank after Permodalan Nasional Berhad (PNB), which holds 48.6%. The total number of shares of Maybank and CIMB as of 30 June 2023 are 10,770,000,000 and 855,000,000 respectively.

Yesterday the Death Cross appeared at the MACD chart which signal massive selling (ASB and EPF) to lock profits to pay Dividends to their respective shareholders. This represents a good opportunity for Mabel to accumulate these two gems (South East Asia 4th and 5th Largest Bank)

Today Mabel Managed to accumulate Maybank at RM 8.880 and CIMB at RM 5.77 and RM 5.76..

Thank you for selling..

To Our Success!

Meow

ASB holds 9.5% of the total shares of Maybank and CIMB as of 30 June 2023 respectively. This makes ASB the second largest shareholder of Maybank after Permodalan Nasional Berhad (PNB), which holds 48.6%. The total number of shares of Maybank and CIMB as of 30 June 2023 are 10,770,000,000 and 855,000,000 respectively.

Yesterday the Death Cross appeared at the MACD chart which signal massive selling (ASB and EPF) to lock profits to pay Dividends to their respective shareholders. This represents a good opportunity for Mabel to accumulate these two gems (South East Asia 4th and 5th Largest Bank)

Today Mabel Managed to accumulate Maybank at RM 8.880 and CIMB at RM 5.77 and RM 5.76..

Thank you for selling..

To Our Success!

Meow

Never fight the market, because the market is always right.

We take whatever the market gives us, and we are thankful for whatever we get.

What’s important is to be able to see the opportunities that the market presents, whichever way it goes — up or down.

Warren Meow

geary is very smart..

Mabel adores smart man..

Today we have the pleasure to engage with our Thailand Team. It was a very interactive engagement, and we cover many grounds during the one hour. One of the sectors we discussed is tourism. Forecast No of Tourism to Thailand is about 27 million for 2023.

Malaysia will surpass Thailand as the most visited country in Southeast Asia this year!

Malaysia received more 26.1 million foreign arrivals between January and November, making it the most popular destination in Southeast Asia this year. Full Year run rate will be 28.5 million.

Airlines, Hotel, businesses dealing with Tourists will have huge benefits. Forward Up trending is expected.

To Our Success!

Captain Mabel Meow

85.5 sen oledi...so nice

Extract from Maybank Report (Pg 23)

Investment themes. We recommend six (6) investment themes for 2024:

5) Tourism recovery – “Malaysia, Truly Asia” – beneficiaries are GENM (BUY), MAHB (BUY), CAPITALA (BUY), AAX (BUY), YTLREIT (BUY), INNATURE (HOLD), OPTIMAX (BUY);

Mabel Tiger Bank has never failed Mabel. He is like our Macho Magician Tony...BIG, STRONG and FRIENDLY..

To Our Success !

Meow

#geary Mabel
Now 84.5 sen oledi...Sigh...
Way above Mabel holding cost...

Yaloh...way above our cost of capital... already #5 years holding AirAsia/CapitalA.
Dividend:
#2018/0.52/share. #2019/1.02/share.
Already took back #1.54/share.
That's Why ..we not much to lose...even if delisted...!?
From Street Smart 🤓...it's an extension of RP.!?
Form Book Smart it's dead numbers n theories...don't have problem solving skills...even in risky scenarios...x🤔🤷🤓
20/12/2023 10:01 AM

Yes lah..It's oledi 85 sen...really loves those two beautiful Dividends ..they were so delicious. That's why Mabel keeps cumming for more..

Excluding the above two delicious bonus, Mabel ROI this year is 14.5%. Uncles and Aunties here so nice.

To Our Success

Captain Mabel Meow

Oil markets are finally focusing on geopolitical risk, with disruptions in the Red Sea pushing Brent up toward $79 and WTI above $73.

Now 84.5 sen oledi...Sigh...

Way above Mabel holding cost...

HuHuHu...so sad ...

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

HuHuHu...

Haha Sapnrg still steady...

Nice to see TG is most active counter for 2 consecutives days.

Yesterday TG shot above RM 1, today open at 0.975 and closed at 94 sen.

Still above Mabel 90 sen. Tomorrow QR will be released.

Meow

SIA to launch direct flights between Singapore and London’s Gatwick Airport in June 2024

Malaysia not reinstating lockdown restrictions despite rise in Covid-19 cases, health minister says

https://www.straitstimes.com/asia/se-asia/malaysia-not-reinstating-lockdown-restrictions-despite-a-rise-in-covid-19-cases?utm_campaign=ST_Newsletter_PM

Meow

Touché geary..

Extract from Maybank Report (Pg 23)

Investment themes. We recommend six (6) investment themes for 2024:

5) Tourism recovery – “Malaysia, Truly Asia” – beneficiaries are GENM (BUY), MAHB (BUY), CAPITALA (BUY), AAX (BUY), YTLREIT (BUY), INNATURE (HOLD), OPTIMAX (BUY);

Mabel Tiger Bank has never failed Mabel. He is like our Macho Magician Tony...BIG, STRONG and FRIENDLY..

To Our Success !

Meow