Mabel

Mabel | Joined since 2019-02-11

Investing Experience Advanced
Risk Profile High

Disclaimers :- All Mabel comments in i3 forum are based on my investment experience across the Globe by applying the Pareto principle. No buy or sell call on any stocks in i3 forum on all my comments. You are advised to consult license banker or Remisier for any investment.

Followers

74

Following

1

Blog Posts

1

Threads

24,183

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
24,183
Past 30 days
131
Past 7 days
59
Today
12

User Comments
Stock

1 month ago | Report Abuse

No since BN and Najib lost in GE14...

Yesterday BN secured Mahkota by-election victory with nearly 100 per cent vote transfer from PH.

Let's hope for the best so they can take Sapnrg to the next level..

Stock

1 month ago | Report Abuse

Capital A moving from PN17 to the runway https://www.thestar.com.my/business/business-news/2024/09/28/capital-a-moving-from-pn17-to-the-runway.

Capital A’s Journey: CEO Tony Fernandes describes the company’s progress using an aviation metaphor: “*We’re off the aerobridge and taxiing towards the runway*.” The company has faced significant challenges, including pandemic-induced hardships and lack of government support.

Exit from PN17 Status: Capital A is working to exit its financially distressed PN17 status. The plan involves restructuring and disposing of its aviation operations for RM6.8 billion.

Future Plans: Post-restructuring, Capital A will focus on four major business segments: Capital Aviation Services, Logistics, MOVE digital, and CAPI. The company aims to scale up these segments and eventually monetize their valuation through listing exercises.

Shareholder Impact: Shareholders will see changes in ownership stakes and potential dividends from the restructuring. An Extraordinary General Meeting (EGM) is scheduled for October 14, 2024, for shareholder approval. These steps are part of Capital A’s strategy to strengthen its business model and improve financial stability.

Captain Mabel Meow

Stock

1 month ago | Report Abuse

Potential Santan Menu on Mabel Airlines. Just like Air Asia it all started with a humble beginning..

Kavievanan Subramaniam, a Malaysian engineering graduate, turned a RM500 investment into a thriving business selling masala chai from his bicycle.

Now, his venture, "Tea Thambi," earns close to RM100,000 a month, with multiple cafes, stalls, and a central kitchen, serving 2,000 to 3,000 cups of tea daily.

His story is an inspiring example of resilience, passion, and the power of listening to customers.

A Humble Beginning
Kavievanan, known as Kavi, graduated with a mechanical engineering degree but struggled to find a job during the pandemic.

With just RM500 in his pocket, he decided to try something unconventional—selling masala chai, a spiced Indian tea he learned to make from his mother.

Armed with nothing but a few basic supplies and a modified bicycle, he cycled 10 kilometers every day to sell tea around Kuala Lumpur’s city center.

The Road to Success
In the early days, Kavi sold fewer than 100 cups a day.

However, he persevered, taking customer feedback seriously and adjusting his recipe daily to perfect the taste.

After a year of trial and error, he nailed the flavor that quickly became a crowd favorite, offering masala chai that was both delicious and affordable.

The price range, from RM1 to RM4, made it accessible to the masses, and soon, his small business began to grow.

Going Viral and Expanding the Business
Kavi's business gained momentum during the pandemic when his tea started going viral on social media.

His authentic recipe, combined with his dedication and hard work, resonated with people, especially around areas like Brickfields and Masjid India.

As word spread, he expanded from one bicycle stall to five locations across busy districts such as Bukit Bintang and Lebuh Ampang.

*From Bicycle Stall to Central Kitchen*
Today, Tea Thambi is no longer a one-man operation.

Kavi now employs 17 staff members and operates from a central kitchen in Segambut to support the demand.

The business sells 2,000 to 3,000 cups of tea daily and has expanded its offerings to include coffee, snacks, and other traditional beverages like ginger tea.

His RM500 startup now generates close to RM100,000 a month through sales from his two cafes and five stalls.

Tea Thambi also caters to events across Malaysia, further boosting its revenue.

Stock

1 month ago | Report Abuse

https://focusmalaysia.my/capital-a-to-quit-pn17-status-by-disposing-aviation-operation-for-rm6-8bil/

Meanwhile Capital A is also on target to exit PN17…

Once he’s out of PN 17, Foreign Fund will start Buying this 15X World Best Low-Cost Airlines.

Stock

1 month ago | Report Abuse

*Summing up*

Sapnrg Leadership
1st Generation – Tan Sri Shamsuddin and Team
2nd Generation – Tan Sri Shahril and Team
3rd Generation – PNB and Team

Najib suggested that either Petronas should take over Sapura Energy or the company should receive government-guaranteed bank loans. Both of these proposals does not involve tax payers

Anwar opposed an immediate bailout, arguing that a forensic audit should be conducted first to identify any mismanagement or corruption.

Both are equally right and half of the work has been done with the 3rd Generation of Leadership.

So time will tell how to save once the 2nd Biggest O&G Company in the World with a Market Capitalization of RM 30 Billion with 10,500 high skill workers and 3000 vendors.

Stock

1 month ago | Report Abuse

Yesterday BN secured Mahkota by-election victory with nearly 100 per cent vote transfer from PH.

Let's hope for the best so they can take Sapnrg to the next level..

Stock

1 month ago | Report Abuse

The debate between Najib Razak and Anwar Ibrahim on May 12, 2022, focused significantly on the financial troubles of Sapura Energy Bhd (Sapnrg) and the broader economic implications.

Najib Razak’s Position:

Najib advocated for a bailout of Sapura Energy, emphasizing that its collapse would negatively impact the Malaysian economy and workforce.

He suggested that either Petronas should take over Sapura Energy or the company should receive government-guaranteed bank loans.

Najib highlighted that Sapura Energy employs over 10,500 locals and supports around 3,000 vendors, contributing RM92 billion to the local economy.

Anwar Ibrahim’s Position:

Anwar opposed an immediate bailout, arguing that a forensic audit should be conducted first to identify any mismanagement or corruption.

He compared Sapura Energy’s situation to other financial scandals in Malaysia, such as 1MDB, and stressed the need for accountability.

Anwar pointed out that the top management of Sapura Energy received high salaries despite the company’s poor performance.

This debate highlighted the contrasting approaches of the two leaders towards handling corporate bailouts and financial accountability in Malaysia.

Sapura Energy Berhad has shown resilience and improvement in its recent financial performance. Here are some key highlights:

Q1 FY2025:
Revenue: RM1.18 billion
EBITDA: RM147 million (13% margin)
PATAMI: RM82 million
Free Cash Flow: RM132 million
Order Book: RM7.0 billion, with joint ventures adding RM7.1 billion.

Q2 FY2025:
Revenue: RM1.2 billion
EBITDA: RM241 million (20% margin)
LATAMI: RM5 million (affected by foreign exchange losses)
Free Cash Flow: RM275 million
Order Book: RM5.9 billion, with joint ventures adding RM6.1 billion.

Despite some challenges, including foreign exchange losses and financial constraints affecting order book growth, Sapura Energy has managed to maintain positive operational performance across its key segments. The company is also focusing on restructuring its debt portfolio to mitigate risks and ensure greater stability

Stock

1 month ago | Report Abuse

When the Malaysian Ringgit (MYR) strengthens, it can have several impacts on Sapura Energy Berhad (SAPNRG). Here are a few key points to consider:

Revenue Impact: If Sapura Energy earns a significant portion of its revenue in foreign currencies (like USD), a stronger MYR means that when these earnings are converted back to MYR, the amount will be lower. This can negatively impact the company’s reported revenue and profit margins.

Cost Management: On the flip side, if the company incurs costs in MYR, a stronger MYR can reduce the cost of imported goods and services, potentially improving operational efficiency and reducing overall expenses.

Debt Servicing: If Sapura Energy has debt denominated in foreign currencies, a stronger MYR can make it cheaper to service this debt, as fewer MYR are needed to meet the same foreign currency obligations.

Investment and Expansion: A stronger MYR can also affect the company’s investment and expansion plans. It might make foreign investments more attractive, as the company can get more value for its MYR when investing abroad.

Stock

1 month ago | Report Abuse

#Income

My dearest Mabel, boleh cayakah Rm hit 3.55 per USD?
You really make me excited· haha good luck
28/09/2024 12:38 PM

Of Course, Malaysia Bolih !

https://www.thestar.com.my/business/business-news/2024/09/28/ringgit-likely-to-hit-rm355-to-us-dollar

Stock

1 month ago | Report Abuse

Ringgit likely to hit RM3.55 to US dollar - 28 Sep 2024
BMI has a bullish view on the ringgit which it forecast to strengthen further as interest-rate differential between the United States and Malaysia narrows with further rate cuts by the US Federal Reserve (Fed) in 2024 and 2025.

Stock

1 month ago | Report Abuse

Second quarter 2025 results:

EPS: RM0 (down from RM0.003 in 2Q 2024).
Revenue: RM1.21b (up 5.7% from 2Q 2024).
Net loss: RM5.23m (down 112% from profit in 2Q 2024).
Revenue is forecast to stay flat during the next 3 years compared to a 6.4% decline forecast for the Energy Services industry in Malaysia.

Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.

Stock

1 month ago | Report Abuse

White Knight fully committed. Committed letter Feb 2024, Confidence to the lender, White knights significant help but remain anonymous...

They will appears when the times cum according to the Board..

Stock

1 month ago | Report Abuse

As per last AGM White Knight is still on..

Stock

1 month ago | Report Abuse

So happy sapu many tickets when it was at 3 sen....

Stock

1 month ago | Report Abuse

As previously announced, the High Court of Malaya on June 6, 2024 granted Sapura Energy and certain of its wholly owned subsidiaries an extension of the Convening and Restraining Orders for a period of nine months until 10 March 2025. Following this, the Corporate Debt Restructuring Committee (“CDRC”) extended the standstill period for the Company and its relevant subsidiaries, up to 10 March 2025. The Group is currently drafting a proposed restructuring scheme (“PRS”) which will be voted upon by creditors during a court-convened meeting...

With PNB still holding majority stakes, that will never happen mah...

Stock
Stock

1 month ago | Report Abuse

Under New Management which is honest and hardworking, Sapura's expertise in deepwater and subsea engineering could be an important asset as global demand for oil and gas exploration continues to increase in regions such as Brazil and West Africa. Any support and assistance may have helped Sapura focus on this high-value sector, where it has a competitive advantage. This focus could lead to higher margin contracts and a stronger global presence, positioning Sapura for long-term growth.

Stock

1 month ago | Report Abuse

abidinaa Sorry I am outside now shopping for another safe. Maybe I need to upgrade to a vault. Hehehe
27/09/2024 10:47 AM

Haha Congrats abidinaa!

Meow Meow Meow

Stock

1 month ago | Report Abuse

Resistance 2 level has been breached this morning. This is what I like about Magician Tony, he can work in Team with his shareholders...

Stock
Stock

1 month ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/09/26/airasia-will-continue-seeking-licence-to-operate-in-singapore?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240927&_sta=vhg.uosvpxQddhqnejsu0sv%7CIFFJQUQ&stm_medium=email&_stm_source=smartech

AirAsia will not give up on securing a license to operate in Singapore, despite having been rejected three times, said Capital A chief executive officer, Tan Sri Tony Fernandes.

"Don’t block me in Singapore,” he said.

"Three times we had applied for an airline license, three times we were rejected. We have airlines in Cambodia, the Philippines, Indonesia, Thailand and Malaysia.

"We could get other ASEAN countries but Singapore has blocked us all the time because they protect their airlines,” he said after the grand opening of 14-line Asia Digital Engineering’s maintenance, repair and overhaul hangar at the Kuala Lumpur…

“I have no doubt that ADE could be as valuable as AirAsia in a pretty short period of time,” he said.

Sprawling more than 380,000 square feet, ADE’s 14-line aircraft maintenance hangar is now one of the largest in the Southeast Asia. ADE is expected to add another 14 lines to expand its capacity to serve more clients amid growing demand for such services.

ADE is now in talks with Malaysia Airports Holdings Bhd (KL:AIRPORT) for 10 of the new lines.

“In a very short period of time, this will be the biggest hangar [in terms of] number of lines in Asia,” Fernandes said.

ADE is also in discussions with Malaysia Airports to acquire an additional 20 acres within the Kuala Lumpur International Airport for development as a centre for maintenance, repair, and overhaul activities.

The current operations — offering services catering to various models including the Airbus A320 and A330 as well as Boeing 737 — is based out of the KLIA Aeronautical Support Zone 1 under Malaysia Airports' KLIA Aeropolis development.

Stock

1 month ago | Report Abuse

$SAPNRG (5218.MY)$ disclosed a net loss of RM5.23 million for its second quarter ended July 31, 2024, attributing the downturn to financial challenges and potential forex losses. The company noted restricted order book growth due to limited working capital and bank guarantees, affecting major contract acquisitions. Despite increased quarterly revenue, the company reported a substantial drop in net profit for the first half of FY2025 and did not declare a dividend

Stock

1 month ago | Report Abuse

Sapura Energy Berhad has shown resilience in its recent financial performance despite facing challenging conditions. Here are some key highlights from their Q2 FY2025 results:

Revenue: RM1.2 billion, a 5.8% increase year-on-year.
EBITDA: RM241 million, with an EBITDA margin of 20%.
Free Cash Flow: RM275 million.
Order Book: RM5.9 billion, with joint ventures contributing an additional RM6.1 billion.
Loss After Tax and Minority Interests (LATAMI): RM5 million, impacted by foreign exchange losses of RM 101 million.

Great Progress despite provision for Foreign exchange loss. The Group reported a loss after tax and minority interests (“LATAMI”) of RM5 million in Q2 FY2025, compared to RM43 million of profit after tax and minority interest (“PATAMI”) in the corresponding quarter of the previous year (“Q2 FY2024”). Foreign exchange losses totalling RM101 million, primarily due to the depreciation of the US dollar against the ringgit, weighed heavily on the Group's results. Excluding the effect of foreign exchange losses, the Group’s Q2 FY2025 adjusted PATAMI is RM96 million.


The Group is making good progress in the divestment of its 50 percent equity interest in SapuraOMV Upstream Sdn Bhd to TotalEnergies Holdings SAS, which is expected to close by next year. The portfolio rationalisation is a major step towards addressing the Group’s unsustainable debt and outstanding payables, while enabling the Group to maintain a sharp focus on its core capabilities in energy solutions.

As previously announced, the High Court of Malaya on June 6, 2024 granted Sapura Energy and certain of its wholly owned subsidiaries an extension of the Convening and Restraining Orders for a period of nine months until 10 March 2025. Following this, the Corporate Debt Restructuring Committee (“CDRC”) extended the standstill period for the Company and its relevant subsidiaries, up to 10 March 2025. The Group is currently drafting a proposed restructuring scheme (“PRS”) which will be voted upon by creditors during a court-convened meeting.

Datuk Mohd Anuar acknowledged the prolonged debt restructuring process, while assuring creditors that reaching a resolution remains the Group’s topmost priority. “We are diligently working on a comprehensive PRS together with the lenders and creditors. There are still a few moving parts that need to be ironed out”, he emphasised. “Our primary concern is to present a fair and equitable proposal that takes into account all stakeholders, particularly the small and medium Malaysian vendors who continue to support us throughout the turnaround effort.”

https://www.sapuraenergy.com/press_release/sapura-energy-demonstrates-resilience-in-q2-fy2025-results/

Stock

1 month ago | Report Abuse

Thanks for sharing minichart...

This is very helpful indeed...

To Our Success!

Stock

1 month ago | Report Abuse

SinGor SapNrg
NTA why improve 4 sen any1 noticed?
__________________________
that is why you have look at the cash-flow( spend more time on results data )---Once SapMov is confirmed
sold---NTA will improve further--- once more cash flow in. I believe forex loss remains High in 4Q however
i believe Drilling will continue to generate more revenue ( take note Drilling is recording loss bcos of high
depreciation---Seadrill bought at high price, nothing management can do )----I think 4Q is about the
same as 3Q however forex loss will be lower therefore Net profit should be slightly higher
26/09/2024 9:40 PM

Yes, that’s correct. The line “Net foreign exchange (loss)/gain (106,112)” under Operating Profit refers to the foreign exchange loss of 106,112. This figure represents the impact of currency fluctuations on the company’s financials, which can affect the overall operating profit.

Stock

1 month ago | Report Abuse

Huangbk72 Cannot la.. already new report out, old report cannot use

It’s deceiving
27/09/2024 7:32 AM

Sapura Energy Berhad has shown resilience in its recent financial performance despite facing challenging conditions. Here are some key highlights from their Q2 FY2025 results:

Revenue: RM1.2 billion, a 5.8% increase year-on-year.
EBITDA: RM241 million, with an EBITDA margin of 20%.
Free Cash Flow: RM275 million.
Order Book: RM5.9 billion, with joint ventures contributing an additional RM6.1 billion.
Loss After Tax and Minority Interests (LATAMI): RM5 million, impacted by foreign exchange losses of RM 101 million.

The company has been focusing on operational strength and capacity to deliver results under adverse circumstances. They are also working on restructuring their debt portfolio to mitigate risks associated with foreign exchange volatility.

As mentioned by the team, hopefully Q3 and Q4 will looks better when OMV sales cums into play.

Meow

Stock

1 month ago | Report Abuse

TalkNumberOne Mabel con me, told me myr strong good 😂. Forex loss due to myr strength hahahah. 😂
26/09/2024 9:22 PM

It’s a reasonable assumption that a stronger MYR (Malaysian Ringgit) could benefit companies like Sapura Energy Berhad (SAPNRG), especially if they have significant expenses in foreign currencies.

However, Sapura Energy Berhad (SAPNRG) does face challenges due to the currency mismatch between its revenue and costs. A significant portion of its revenue is in USD, while many of its costs are in Malaysian Ringgit (RM). This can lead to financial strain, especially when the RM depreciates against the USD, increasing the cost burden relative to revenue.

Additionally, fluctuations in exchange rates can impact the company’s profitability and financial stability. This currency risk is a common issue for companies operating in multiple currencies, particularly in the energy sector where contracts and revenues are often denominated in USD.

Meow

Stock

1 month ago | Report Abuse

Haha Huang while waiting for Sept report Jun one can still use as a reference mah...

Stock

1 month ago | Report Abuse

Maintain Trading BUY (TP: RM0.06). Sapura Energy turned to profit of RM82mn driven by recovery in E&C segment partly due to gain from reversal of contingency provision. This was above our expectation. The stock price was adversely affected by the auditor’s unqualified opinion with regard to material uncertainty related to going concern in respect of FY2024 financial statement. Nonetheless, we are optimistic that the company is well on track to complete its PN17 regularisation plan amidst the upcycle in O&G development projects. Recent contract wins that boosted its orderbook by 40% to RM7bn further affirm our stance. Hence, we maintain our TRADING BUY recommendation on Sapura Energy with TP RM0.06.

Key highlights. Revenue rose 11% QoQ and 24% YoY to RM1.2bn mainly driven by stronger E&C segment. EBITDA stood at RM200mn which implies a healthy margin of 17% driven by approved variation orders and reversal of contingency provisions. At PBT level, both E&C and O&M segments recorded profit of RM83.8mn and RM31.7mn respectively. Meanwhile, drilling segment remain in the red with loss of RM77mn in tandem with weaker revenue.

Earnings forecast. No change to earnings forecast.

Outlook. Orderbook rose by 40% to RM7bn (4Q24: RM5bn) as it was boosted by a new 5-year contract award for Provision of Pan Malaysia Underwater Services for Petronas and PAC contractors. Meanwhile, unconsolidated orderbook held by its JV and associate entities more than doubled to RM7.1bn following contract award to its 6 pipelay support vessels (PLSVs). On the PN17 regularisation plan, it has submitted an application to regulator to extend the submission date by another 6 month until 30th Nov 2024. To recap, it has obtained the approval-in-principal from majority of its financiers to restructure its debt burden to a sustainable level. It has also entered into SPA with TotalEnergies to dispose its stake in SapuraOMV which form part of its regularisation plan.

Source: BIMB Securities Research - 28 Jun 2024

News & Blogs
Stock

1 month ago | Report Abuse

PETRONAS Chemicals Group Berhad (PChem) serves a diverse range of customers across various industries. Some of their major customers include companies in the automotive, construction, agriculture, and consumer goods sectors. They supply essential chemicals like olefins, polymers, fertilizers, and methanol, which are used in manufacturing products ranging from plastics and synthetic rubber to fertilizers and industrial chemicals.

https://www.petronas.com/pcg/

Stock

1 month ago | Report Abuse

Haha see....

Our Magician really thinks of everything...hihihi..

To Our Success!

Meow Meow Meow

Stock

1 month ago | Report Abuse

paulthesotong Of course higher fares..
26/09/2024 12:39 PM

Meow Meow Meow

Stock

1 month ago | Report Abuse

JrWarren Without official figure, the shareholders can either guess the figure after AA gone OR use available information to reverse engineer and calculate the possible profit.

In classroom, we learn 1 + 1 = 2 , we also learn reverse engineering the equation to 2 - 1 = 1 .
This is the maximum hint I can offer, if you are too lazy to do the homework, perhaps can start selling your Cap A stock.
You will be surprise with the profit and EPS from non-aviation segment.
26/09/2024 12:49 PM

What JR said is true and pretty smart...

This is Mabel's dream...stand to be corrected...only times will tells...

Capital A announced the mechanics of its restructuring plan in its efforts to address its PN17 status. As part of the plan, Capital A proposed to dispose of AirAsia Bhd (AAB), which owns the Malaysian aviation operation, and AirAsia Aviation Group Ltd (AAG), which manages the Indonesian, Thai, Philippine and Cambodian operations, for RM6.8 billion to AAX.

Capital A will still own an 18.39% stake in AAG.

If AAX revenue in 2025 is RM 12.4 Billion, Capital A’s gain from its 18.39% stake in AirAsia Aviation Group Ltd (AAG) based on AAX’s projected revenue of RM12.4 billion in 2025, Capital A would gain approximately RM2.28 billion from its 18.39% holding in AAG if AAX’s revenue in 2025 is RM12.4 billion from the aviation business.

Then we need to add other revenue from post restructuring. Capital A will retain ownership of the four major business segments, namely the maintenance, repair and overhaul (MRO) operations under Asia Digital Engineering (ADE), logistics under Teleport, the AirAsia MOVE SuperApp, and digital finance service BigPay.

Post-restructuring, Capital A will retain ownership of four major business segments: Asia Digital Engineering (ADE), Teleport, AirAsia MOVE SuperApp, and BigPay.

To estimate the potential revenue from these segments, let’s consider their individual growth prospects and market trends:

Asia Digital Engineering (ADE): The MRO market is expected to grow significantly due to the increasing number of aircraft and the need for maintenance services. If ADE captures a substantial market share, it could generate significant revenue. For instance, if the global MRO market is projected to be worth around USD 100 billion by 2025, and ADE captures even 1% of this market, it could generate approximately USD 1 billion (around RM 4.6 billion).

Teleport: As a logistics provider, Teleport benefits from the growing e-commerce and logistics market in Southeast Asia. If Teleport can capture a significant share of this market, its revenue could be substantial. For example, if the Southeast Asian logistics market is projected to be worth USD 55 billion by 2025, and Teleport captures 2% of this market, it could generate around USD 1.1 billion (approximately RM 5 billion).

AirAsia MOVE SuperApp: This app integrates various services, including travel, e-commerce, and financial services. The potential revenue from this segment depends on user adoption and transaction volume. If the app can generate USD 500 million (around RM 2.3 billion) in revenue from various services by 2025, it would be a significant contributor.

BigPay: As a digital finance service, BigPay can benefit from the growing fintech market in Southeast Asia. If BigPay captures a significant share of the digital payments market, it could generate substantial revenue. For instance, if the digital payments market in Southeast Asia is projected to be worth USD 1 trillion by 2025, and BigPay captures 0.1% of this market, it could generate around USD 1 billion (approximately RM 4.6 billion).

Summing up these estimates, the potential revenue from these four segments could be around RM 16.5 billion by 2025. This is a rough estimate and actual figures could vary based on market conditions and the company’s performance.

Hence if you add the 18.39% stake in AAG, that will sum up to an estimate RM 16.5 billion+ RM 2.28 billion = RM 18.78 billion...

Hope Mabel's dream will cums true...

Meow Meow Meow

Stock

1 month ago | Report Abuse

Air India and Lion Air, the two airlines in Asia with the largest number of 737 Max jets due this decade, were speechless..

Stock

1 month ago | Report Abuse

Stand to be corrected…

Capital A announced the mechanics of its restructuring plan in its efforts to address its PN17 status. As part of the plan, Capital A proposed to dispose of AirAsia Bhd (AAB), which owns the Malaysian aviation operation, and AirAsia Aviation Group Ltd (AAG), which manages the Indonesian, Thai, Philippine and Cambodian operations, for RM6.8 billion to AAX.

Capital A will still own an 18.39% stake in AAG.

If AAX revenue in 2025 is RM 12.4 Billion, Capital A’s gain from its 18.39% stake in AirAsia Aviation Group Ltd (AAG) based on AAX’s projected revenue of RM12.4 billion in 2025, Capital A would gain approximately RM2.28 billion from its 18.39% holding in AAG if AAX’s revenue in 2025 is RM12.4 billion from the aviation business.

Then we need to add other revenue from post restructuring. Capital A will retain ownership of the four major business segments, namely the maintenance, repair and overhaul (MRO) operations under Asia Digital Engineering (ADE), logistics under Teleport, the AirAsia MOVE SuperApp, and digital finance service BigPay.

Meow

Stock

1 month ago | Report Abuse

Ownership Name Shares Current Value Change % Portfolio %
41.3%
Permodalan Nasional Berhad
7,582,461,268 RM 303.3m 0.68% 0.17%
11.2%
Sapura Holdings Sdn. Bhd.
2,065,294,635 RM 82.6m 0% no data
1.78%
Shahril bin Shamsuddin
327,620,288 RM 13.1m 87.4% no data

PNB still call the shot...

Stock

1 month ago | Report Abuse

#kyliew [TERKINI] Adik Tan Sri Shahril mahu Sapura Holdings digulungkan
25/09/2024 17:57 MYT

https://www.astroawani.com/videos/bisnes-x7ko7h/terkini-adik-tan-sri-s...

GG
26/09/2024 1:36 AM


Sapura Holdings and Sapura Energy Berhad (SAPNRG) are related but not the same company.

Sapura Holdings is a private investment holding company with diverse interests across various industries, including oil and gas, telecommunications, and property development.

Sapura Energy Berhad (SAPNRG), on the other hand, is a publicly listed company on Bursa Malaysia. It specializes in integrated oil and gas services and solutions, covering the entire upstream value chain.

So, while they are connected through their shared history and ownership, they operate as distinct entities with different focuses and structures.

Meow

Stock

1 month ago | Report Abuse

Yesterday some Uncles matched Mabel's selling price at 50% Holding at RM 5.80...

Today collect back RM 5.62

Stock

1 month ago | Report Abuse

SDG has been climbing steadily lately...

Stock

1 month ago | Report Abuse

https://www.msn.com/en-my/lifestyle/other/mechanical-engineer-turns-rm1-masala-tea-and-coffee-into-a-rm100-000-monthly-empire/ar-AA1qTfuu?ocid=nl_article_link........

This is Brilliant!

Another Magician like Tony Fernandez turning a RM 1 Teh Tariq into a RM 100,000 business monthly...

Congratulations, Kavievanan! Your Tea Thambi brand is yet another innovative creation from Mabel Oil. It will thrive as everyone loves Mabel Oil.

Tagline: “Now Everyone Can TT”

...another potential Santan menu when ever you on board Air Asia Flights...

To Our Success

Meow Meow Meow

Stock

1 month ago | Report Abuse

BIMB up +0.36%, CIMB and MBB today retrace...

Stock

1 month ago | Report Abuse

To date, the Malaysian government, through its sovereign wealth fund Khazanah Nasional, has injected a total of RM28 billion into Malaysia Airlines1. This includes a recent commitment of RM3.6 billion to support the airline’s restructuring and operations until 2025..

Remember Capital A is more than an airline. It is our investment holding with a broad portfolio of synergistic travel and lifestyle businesses. Magician Tony was braved and smart to turn a RM 1 Company into a World Best Low-Cost Airlines without any bail out from Malaysian Taxpayers so that Everyone Can Fly…

Stock

1 month ago | Report Abuse

Meanwhile our Chloe has been busy traveling around Japan for the past 3 days. Thanks to Ericsson’s Softbank 5G network she’s able to communicate with us. SoftBank Japan uses Ericsson’s 5G technology. Ericsson has been a key partner for SoftBank in deploying their 5G network. They have collaborated on various projects, including the deployment of Japan’s first Multi-Operator Radio Access Network (MORAN) with KDDI and SoftBank.

This is also why Magician Tony is focusing on MRO service. Asia-Pacific aircraft services market seen doubling to US$129b by 2043 — Airbus report as everyone like loves to fly to meet their customers.

In Japan, domestic air travel is primarily dominated by two major airlines: Japan Airlines (JAL) and All Nippon Airways (ANA). These airlines offer extensive networks covering over 50 airports across the country. Additionally, there are several low-cost carriers (LCCs) that are popular for domestic travel:

• Skymark Airlines: Known for its extensive route network and moderate fares.
• Peach Aviation: Japan’s first genuine low-cost carrier, offering competitive fares.
• Jetstar Japan: Operates the largest domestic network among LCCs.
• Air Do: Focuses on routes between Tokyo and Hokkaido.
• Starflyer: Offers routes centered around Kitakyushu and nearby regions.

These airlines provide a range of options depending on your budget and destination. However non of them are able to beat Capital A’s outstanding achievement *15X World Best Low Cost Airlines*.

Meow

Stock

1 month ago | Report Abuse

Brilliant pang72...it's all in the family...