PSAi3alert

PSAi3alert | Joined since 2021-04-21

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Stock

2021-09-22 22:52 | Report Abuse

After measuring, where to upload information? MySejahtera?

leno:
here we are all BIG GUNs.
small kukuciau please go elsewhere.
Sekian.
22/09/2021 10:01 PM

Stock

2021-09-22 22:30 | Report Abuse

Nikmon,

Besides insider SIR news, privatization before SIR release, dark hand, dark face, SIR release being withheld ; pearlwhite also has evidence of 'a remittance advice' that will kautim any and every issues.


Posted by pearlwhite > Sep 10, 2021 9:14 AM

Thanks. Appreciated the previous analyses and work done by you too. But I do not consider them up to the threshold of "auditing standards". But to each their own. You may be from another industry. I understand that.

Your work was very good, but all was dismissed by a few remittance advice (as far as customers/vendors were concerned).

If you have further details you wish to share or additional work done, feel free to share them. I would be more than glad to have a look and revert with ways to move it forward.


PSAi3alert So, your analysis and information is based on your 'EXPERIENCE dealing with SIR with Bursa/SC/Bukit Aman' on some other company. And that EXPERIENCE is unrelated to Serba.

Well, that's not insider information. It's your hallucinated information.


Posted by pearlwhite > Sep 9, 2021 5:42 PM

Yes correct, based on the experience dealing with SIR with Bursa/SC/Bukit Aman, all noted in the word document and/or excel and the printed to paper.

Obviously, it will be on my hand if I am holding it.

>>> This information is now what I have at hand. <<<

Stock

2021-09-22 16:49 | Report Abuse

Still on candle tech? Thought it's fiber optic already.

rr88 A clean marobuzu candle. Super bullish.
22/09/2021 4:40 PM

News & Blogs

2021-09-22 03:45 | Report Abuse

The original Taishi cake probably did not contain any filling.

Fillings were added only during the Han Dynasty and the cake was renamed to Hubing.

It was Yang Guifei who renamed the cake to Yuebing (mooncake).

The custom of celebrating Mid-Autumn Festival by eating mooncakes started with the Ming Dynasty.



Summary of various public sources below:

1600 BC - 256 BC Shang & Zhou Dynasty
People in Jiangsu and Zhejiang provinces made a pastry named Taishi cake in memory of Wenzhong, the prime minister or Taishi of the last Shang emperor. The Taishi cake was thin in the edge and thick in the middle.

202 BC - 220 AD Han Dynasty
Zhang Qian (200-114 BC), the imperial envoy to the Western Regions, introduced sesame and walnut to the inland, two essential ingredients in the cake that was subsequently renamed Hubing, or walnut cake.

618 - 907 AD Tang Dynasty
It was either Emperor Taizong or Lady Yang Yuhuan (Yang GuiFei) , one of the Four Beauties of ancient China who has renamed Hubing to Yuebing (moon cake).

960 - 1279 AD Song Dynasty
More ingredients were added to the cake, such as lard, egg, sugar and fruit. The taste became more refined and quite similar to what it is like today. The written record of the characters 'moon cake' were first seen in a book of Southern Song Dynasty.

1271 - 1368 AD Late Yuan Dynasty
Zhu Yuanzhang, the founder of Ming, united various resistance forces to prepare for the uprising. But it was hard to deliver military massage secretly. Liu Bowen, a subject of Zhu Yuanzhang, came up with an idea that put the note writing “Uprising on the 15th night of 8th lunar month” into the mooncakes, and then sent them to other resistance forces. On the day of the uprising, the uprising troops from different places got together and fight against the Yuan troop. Soon the uprising succeeded and Zhu Yuanzhang presented mooncakes to the ministers as gifts. It is said that since then the custom of eating mooncakes in the Mid-Autumn Festival was formed. This is an essential event in mooncake history.

1368 - 1644 AD Ming Dynasty
There is a detailed record of the mooncake from the Ming Dynasty: “Mid-Autumn Festival is on the 15th day of 8th lunar month, and people celebrate family reunion by eating mooncakes.”

2008
Mid-Autum Festival became a Public Holiday in China because it has been an important traditional festival for family reunion.

Stock

2021-09-21 18:55 | Report Abuse

Only saw ex-shareholders, who subscribed to the RI, at pasar malam selling mangoes and passenger refund trading cards.



i3lurker surely you saw TF at pasar malam selling mangoes and knick knacks and driving taxis?

he was wearing AA stewardess uniform and the all the customers shouted F you at him..



Posted by PSAi3alert > Sep 21, 2021 6:01 PM | Report Abuse

I over-jumped a few years ahead.

Airlines ceased to exist at that time.

For long distance travel, it's all hyperloop.

Short distance is via personal flying machine and EVs.

The price for red hot stewardess uniform kept increasing over the years. Rumors have it some guy has cornered the market for those used uniforms.


21/09/2021 6:06 PM

Stock

2021-09-21 18:01 | Report Abuse

I over-jumped a few years ahead.

Airlines ceased to exist at that time.

For long distance travel, it's all hyperloop.

Short distance is via personal flying machine and EVs.

The price for red hot stewardess uniform kept increasing over the years. Rumors have it some guy has cornered the market for those used uniforms.


Sslee Posted by PSAi3alert > Sep 21, 2021 12:48 PM
Use a time machine. I jumped to last week and bought Opcom.
I also jumped to next year and saw Genting's price...

Did you saw the AA price?

Don't be like calvintaneng saw the Netx price but did not know the price is after 25 to 1 consolidation.
21/09/2021 5:02 PM

Stock

2021-09-21 14:04 | Report Abuse

Sslee will buy the 1 Billion shares and will subsequently plead SC to invoke CMSA 2007 section 358 (1).


i3lurker sure more than 1 Billion sellers at RM0.005 per share mari and no buyers
21/09/2021 1:29 PM

Stock

2021-09-21 12:48 | Report Abuse

Use a time machine. I jumped to last week and bought Opcom.

I also jumped to next year and saw Genting's price...


Juliana What are the best methods to earn money in Bursa?
21/09/2021 4:58 AM

Stock

2021-09-21 12:22 | Report Abuse

After IPO, don't squeeze your own margins until unprofitable levels and don't take on liabilities that are impossible to meet.

Also, don't get into football.

And most importantly no unrelated diversifications.

Off course, I'm talking about Evergrande.

For an interesting Leno type of review, the following link provides a backstory on Evergrande:

https://twitter.com/FabiusMercurius/status/1439218956779151361



DickyMee Best way to earn money is IPO your company in Bursa, cash out. Or earn director fees like TF
21/09/2021 11:39 AM

Stock

2021-09-20 13:07 | Report Abuse

It has been triggered.

Attaching my 14th July post below:


Jul 14, 2021 7:19 PM

Using equity to loan ratio of 130% that was triggered on the 28/06/2021, the outstanding loan account was probably around RM280M.

At estimated outstanding loan of RM200.97M, force selling will be triggered at 0.34.


Shares movement
28/06/2021 1,004,061,570 - 46,300,000 = 957,761,570 (0.3625 avg high low)
29/06/2021 957,761,570 - 61,707,000 = 896,054,570 (0.3525 avg high low)
29/06/2021 896,054,570 - 95,000,000 = 801,054,570 (0.3525 avg high low)
30/06/2021 801,054,570 - 10,178,200 = 790,876,370 (0.3275 avg high low)
01/07/2021 790,876,370 - 22,000,000 = 768,876,370 (0.3800 avg high low)
12/07/2021 768,876,370 + 10,000,000 = 778,876,370 (0.4688 avg purchase)

Loan outstanding
28/06/2021 RM280,000,000 - 46,300,000 x 0.3625 = 263,216,250
29/06/2021 RM263,216,250 - 61,707,000 x 0.3525 = 241,464,532
29/06/2021 RM241,464,532 - 95,000,000 x 0.3525 = 207,977,032
30/06/2021 RM207,977,032 - 10,178,200 x 0.3275 = 204,643,671
01/07/2021 RM204,643,671 - 22,000,000 x 0.3800 = 196,283,671
12/07/2021 RM196,283,671 + 10,000,000 x 0.4688 = 200,971,671


RJ87 Karim kena margin call again...if he support at 38sen above. Should trigger his margin call liao.
20/09/2021 12:58 PM

Stock

2021-09-19 16:58 | Report Abuse

I was onto calvintaneng in Kpower.

My questions for the following projects remained unanswered:
3x5 MW Nam Taep 1 and 3x5MW Nam Taep 2 hydropower, Laos
8MW Nam Samoy Hydropower, Laos
22.9MW mini-hydropower in Solukhumbhu, Nepal
22MW Mid Hongu Khola – A Hydropower Project, Nepal

I stopped reviewing when I became uncertain if I was calling his bluff or throwing him a lifeline.

But truth missiles are ready for:
Cabaran Hijau SB
Selat Serasi SB
Denai Delima SB
Koridor Mentari SB
OHP Capital SB
One Hydro Power SB


p.s. Google Jim Bakker, City Harvest Church and Adnan Oktar. Some holy men got sent to jail.


Juliana Sifus i3lurker, PSAi3alert, sslee,
How come Calvintan is a snake oil promoter when Calvintan is very holymen Pastor type.
I also garu kepala pening fikir Pastor Calvintan jenis Penipu kah?
19/09/2021 3:42 PM

Stock

2021-09-19 14:31 | Report Abuse

i3lurker,

Hahaha.

Was aware of Yee Emm Chais.

I have anonymous DIDs in various countries that can be routed to proxy SIP servers. Did not feel it was worth burning those numbers.


i3lurker psai3alert

yes be aware and be very careful of Double Agents.
Double Agents will want your real telephone number....

You can be assured that both sslee and me are ok coz we are not Double Agents.

sslee and me are actually Triple Agents...
19/09/2021 2:15 PM

Stock

2021-09-19 14:17 | Report Abuse

I was not referring to Bursa.


i3lurker psai3alert

Bursa has passed on most/all enforcement actions to SC after the acid attack case on Bursa staff outside Menara Olymplia that's very near to Bursa itself.
19/09/2021 2:00 PM

Stock

2021-09-19 13:39 | Report Abuse

Sslee,

We are not you from the other dimensional world.

We may all be the same person in different space time continuum. Like 'Back to the Future'.

The danger is that all of us will cease to exist when the youngest one, in the space time continuum, gets whacked.

One of my earlier reviews was on a company that promoted a Russian vaccine story. I sent in a few findings anonymously to He-Man.

There was one night after 10pm when I received the following email:

"Please be informed that we are currently reviewing your complaint against ****** Berhad which you have raised to us. However, we would like to make some clarification on your complaint with you before proceeding further.

Would it be possible to have a short telephone conversation with you for clarification purpose?

If yes, do let us with your contact number so that we can contact you shortly."

I stopped after that, primarily because the percentage of Bilis suckers in the counter has dropped to negligible levels.

Yes, hotel rooms and coffee is a dangerous combination.


Sslee Haha good morning what a wonderful world that I get to talk to my self from the other dimensional world.

By the way thank you i3lurker now I fall in love with the Aeroflot stewardesses red hat.
19/09/2021 8:45 AM

Stock

2021-09-18 23:15 | Report Abuse

I like Hainan Airlines new 'Rosy Clouds' uniform.


i3lurker I prefer the Aeroflot stewardesses shade of red, its more orangy

and I think some of them could lift up sslee with just 1 hand

Posted by Sslee > Sep 18, 2021 10:39 PM | Report Abuse

Hahahaha,
If you ask me what David Bonderman, billionaire founder of a private equity firm, Harvard Law school graduate etc see in AA that you don't see?

Answer: The red hot AA stewardness uniform.
18/09/2021 10:59 PM

Stock

2021-09-18 22:32 | Report Abuse

Thousands apologies for comparing Cebu Pacific with AA.

I've met Lance Gokongwei before. He's soft-spoken, unassuming and never use the F word.



i3lurker Dun insult Cebu Pacific ok?

Cebu Pacific an excellent airline, cannot be compared with AA, comparison is an insult to Cebu Pacific.


18/09/2021 10:20 PM

Stock
Stock

2021-09-18 22:00 | Report Abuse

ASEAN Single Aviation Market (ASEAN-SAM) also known as ASEAN Open Sky Agreement/Policy, is the region's major aviation policy has begun since Jan 2015.

With the exception of selected fifth freedom routes, Malaysia's sky is relatively open.

https://www.mavcom.my/wp-content/uploads/2016/04/List-of-Air-Service-Agreements.pdf


i3lurker many countries will give away the access and landing rights for free now
18/09/2021 4:29 PM

Stock

2021-09-18 21:49 | Report Abuse

The RM86.81M (USD20.67M) by David Bonderman and several Partners at TPG is small change for them.

In 2008, TPG lost USD1.35 billions in just 5 months.


"Billionaire David Bonderman has been known to find huge profits in scooping up companies on the brink of failure. During the financial crisis, the giant, Seattle-based bank Washington Mutual, or "WaMu," looked like a perfect buying opportunity for Bonderman.

Spearheaded by his renowned investment firm, TPG Capital, investors dumped a total of $7 billion into the bank in April 2008. However, just five months later, the FDIC shut down WaMu and took all its assets, destroying its investment value. Investors lost every dollar they paid, and TPG Capital's own $1.35 billion stake in the bank vanished overnight."

Stock

2021-09-17 18:05 | Report Abuse

Not good to eat 'dead cat'.


Sslee
After takeover cannot produce annual report all the new directors reprimand by Bursa.

While Bursa Malaysia Securities has not found any of MSPORTS’ directors to have caused or permitted the above breaches by the Company, Bursa Malaysia Securities wishes to highlight and remind that it is the duty of the directors to maintain appropriate standards of responsibility and accountability in ensuring compliance of the Main LR. The Board of Directors of MSPORTS at the material time of the breaches were as follows:


1. Terence Selvarajah

2. Naren Anand Gill

3. Clarence Yeow Kong Chew

4. Guan Swee Kwee


17/09/2021 5:50 PM

Stock

2021-09-17 18:02 | Report Abuse

In that case, the majority shareholder PLC sold 51% to the minority shareholder. Receivables are still in the books of the PLC to be written off over next few years.


i3lurker psai3alert

once there are "major" change of shareholders, LHDN will terminate those tax losses.

Frankly I dun know what is major,
its up to LHDN to interpret.
In bad times when Govt needs money, 20% could be major?


17/09/2021 5:43 PM

Stock

2021-09-17 17:37 | Report Abuse

i3lurker,

Thanks.

How about a situation where a Sdn Bhd has lots of losses for future tax setoffs; and a PLC that continues to write off receivables that are due from the Sdn Bhd?

Strange AA trades at 4.50pm today.


i3lurker sslee

psai3alert

never ever become a director of failed company/ies

btw

TF and co will be blacklisted also due to AAX failure.

as at today confirmed no rescue for AAX
AAX will be bankrupted, Slater Walkered and then delisted

thats why Judge gave extension of time to look for non-existent sugar daddies who will most likely continue to be non-existent...
17/09/2021 5:18 PM

Stock

2021-09-17 17:19 | Report Abuse

If your kukucai is always wet, you might have urinary tract infection or sexually transmitted disease.

Best to get it checked out.


stockraider Very steady collection loh!

IF U INVEST IN INSAS...U CAN WET WET SONG...UNTIL YOUR KUKUCAI CANNOT TAHAN ....BCOS U CAN MAKE ALOT OF MONIES & CAN AFFORD TO JOLLY LIKE LENO & SSLEE MAH!

THUS EVERYDAY U CAN AFFORD A HAPPY MALAYSIA DAY LOH!
17/09/2021 10:38 AM

Stock

2021-09-17 16:25 | Report Abuse

Sslee,

I don't think CMSA 2007 section 358 (1) will yield results because Wu Qingquan, Wu Lianfa and Ng Sio Peng have gone MIA.

In addition, there will be substantial costs involved and section 358 (3)(a) will mean that the Commission will get reimbursed first.

If the directors have yet to be convicted with criminal charges, the question on extradition will not arise.

Initially I have thought of suggesting you to become a director via Companies Act Section 145 (members convening a meeting among themselves) and Section 150 (court convened meeting). But, after having had a look at the accounts and overseas bankers, it's looking like a shell company with lots of potential liabilities as a director.

You can form a group of shareholders and initiate a suit against Ooi Poh Lim and Grant Thornton for failing to flag the irregularities.



Sslee Dear PSAi3alert,
Do I have a case against SC for non action?

I would like to bring the attention of SC to my long complaint case on Xingquan: [Case: SC2019-3819], [Case: SC2019-5725], [Case: SC2020-12313] (Bursa Ref: CC/43/19)
First and foremost, I would like to express my gratitude and thanks to Bursa for enforcement actions against XINGQUAN and its directors for various breaches of the Listing Requirements (LR) as set out in the media release dated 29 March 2019 and also delisted Xigquan from Bursa.
https://www.bursamalaysia.com/market_information/announcements/company...

Please pardon me to ask SC again
Question 1: In view of the seriousness of offends/frauds committed by the fraudsters and their total disregard/contempt shown against authorities of SC and BURSA with no respect for Malaysia Law. Has SC made an extradition request with the Chinese government to extradite CEO Dato’ Wu and his brother executive director Wu Lianfu to stand trial in Malaysia Court?

Question 2: Refer google search: https://www.google.com/search?client=firefox-b-d&q=gertop
Xingquan brand products (Gertop) are available for sale at many online shopping websites. This means Xingquan still has production lines and assets in China but the China owner and Management team just took us Malaysians as fools and showed utmost contempt to SC and BURSA authorities/Malaysia law.
Will SC now invoke CMSA 2007 section 358 (1) in the public interest, taking legal action against Xingquan to recover loss on behalf of victims who suffers loss or damage by reason of, or by relying on, the conduct of another person who has contravened any provision of Part VI or any regulations made under this Act, the amount of the loss or damage by instituting civil proceedings against the other person whether or not that other person has been charged with an offence in respect of the contravention or whether or not a contravention has been proved in a prosecution?

Question 3: Is SC investigating Xingquan External Auditor: SJ Grant Thornton, IPO: CIMB Investment Bank Berhad and PP & RI: RHB Investment Bank Berhad principal advisor, underwriter and placement agent for gross negligence and failure to perform their fiduciary duty?

SC response with some material information on above will be appreciated
Thank you
17/09/2021 7:23 AM

Stock

2021-09-17 16:03 | Report Abuse

Huatexpert,

Mabel truncated my Aug 11, 2021 2:00 PM post that contained notes to each client:

https://klse.i3investor.com/servlets/forum/800005607.jsp?ftp=1229



Huatexpert If you would like to know some info SIR earlier. you can make a call to Serba customers to see any response from them...


Posted by Mabel > Sep 16, 2021 8:43 PM | Report Abuse

Serba Dinamik O&G Cumulative Rev from 25/5/2016 – 31/3/2021

Malaysia ___ 5888.584M ... Petronas Chemical, Methanol, Carigali, Gas
Qatar ____ 4601.051M ...Process Dynamics, Pavilion, Halul
UAE _____ 3380.402M ... New Thunder, Sum tech, Block 7, FDDS
Bahrain ____ 1756.658M ... Lata, Regno
Saudi ____ 1201.493M ... Midad
Turkmenistan __ 721.542M ... Turkmengas
Indonesia ___ 613.514M ... Pilar
Oman ____ 580.59M ... Revenue Int

Stock

2021-09-17 11:40 | Report Abuse

Ahem. The increase in foreign shareholders percentage is due to the private placement to the Hong Kong based Stanley Choi.



TianChoi1 No need to praylah.
Foreign fund holds 26% currently in AA and are still accumulating. Follow the trail of money , u wouldn’t go wrong.
For those who think differently, pray for your other counters that u hold. We are confident with TF and this team.
Ha ha ha
17/09/2021 9:01 AM

Stock

2021-09-16 22:30 | Report Abuse

DickyMe,

Your target for AA is an impossibility.

Your target for Prestar is a probability.


DickyMe RM 4.50 coming soon!
16/09/2021 9:41 PM

Stock

2021-09-16 22:15 | Report Abuse

The 1MDB settlement is the Malaysian government was of hustling some money using DPA (Deferred Prosecution Agreement).

SD will not be paid.

I have already posted that KPMG will apply for striking out of the suit.

KPMG has applied to strike out the suit.




Jul 31, 2021 5:32 PM Posting

"Ex turpi causa non oritur actio" and the need for locus standi in filing an action.

Some thoughts below:

I believe that the suit will not proceed to trial. KPMG's lawyer, Lee H, ought to have applied to strike the suit. The suit is fundamentally flawed because the company cannot not be the plaintiff in filing the suit. Serba is asking for losses in the market capitalization, but gains or losses in market capitalization are by the shareholders, not the company.

The shareholders and creditors may have a cause of action if KPMG has negligently failed to detect financial irregularities and the company has subsequently gone bust. Under this scenario, the plaintiff will be shareholders and/or liquidator; and the defendants will be the directors, KPMG and the company (under a derivative action).

Even if the case were to go to trial, the odds are against Serba because:

- Lack of 'Clean Hands' - "Fraus omnia corrumpit"
Till date, KPMG has done and said absolutely nothing that can possibly impact changes in Serba's share price. It was Serba's actions, press statements, press conferences and defamatory remarks that have caused the drop in the market capitalization

- Failed to mitigate losses
The onus is on the client to provide evidence to the auditor for the accounts to be signed off. If the client is unhappy that the auditor is not willing to sign off the accounts, the client can change the auditor but certainly not compel the auditor to change their opinions. (Can an alcoholic slanted-eye person sue his doctor for not issuing a health certificate that is required to fly a commercial airplane?)

- Contradictory statements
Alleging KPMG has impacted business and saying Business-As-Usual is blowing hot and cold

- Will not be able to gather witnesses
Based on the reasons stated by the INEDs for their resignations coupled with unequivocal statements by SC and Bursa, Serba will not be able to gather any credible witness for their case.


pearlwhite .

SD will be paid next.

KPMG to pay RM333mil to M’sian govt as 1MDB settlement, says Finance Ministry

https://www.thestar.com.my/business/business-news/2021/09/16/kpmg-to-p...
16/09/2021 8:50 PM

Stock

2021-09-16 15:25 | Report Abuse

Sslee,

The grounds from JC Ong Chee Kwan's Feb 2021 decision can be read from the following link:

http://awg.aero/wp-content/uploads/2021/02/Ruling-GoJ-AirAsiaX-final-19.2.2021.pdf

Considerations on the Cape Town Convention and the Aircraft Protocol and Gibbs rule are interesting.

The key point is in para 140

"What is clear is that the selection of creditors for the class composition cannot be arbitrary or capricious. If there is evidence of a calculated and dishonest move to remove or to place certain creditors in certain class with the purpose of ensuring that the class is constituted in such a way that certain creditors would not be able to vote or that their votes would be rendered ineffective, this will be considered as class manipulation or gerrymandering"

Other notable points are:

[22] vii. there is insufficient disclosure by AAX as to how the Scheme Debts are computed, citing particularly, Airbus' debts of RM48.71 billion constituting about 77% of the total Scheme Debts.

[24] Airbus, who is the largest creditor in terms of value, was initially ambivalent of its position to the Scheme but subsequently when asked to make a clear stand, informed the Court that it is objecting to the Scheme. It did not make any submission on its status as 'secured creditor' and learned counsel for Airbus had in fact turned to learned counsel for AAX when the Court asked if Airbus in fact considered itself as 'secured creditor'. All said, Airbus's position regarding the Scheme and the OS was rather strange.

[293] With the termination of the Lease Agreements, apart from the right to repossession under the Cape Town Convention, the Lessors also have the right to claim against AAX for damages which comprises both the accrued rentals that were unpaid and the future rentals under the remaining terms of the Lease Agreements subject to the duty to mitigate.

If too lazy to read, i3lurker's remark 'the additional time is given for AAX to look for Sugar Daddies' is a good summary.

Stock

2021-09-15 22:36 | Report Abuse

"Vaulting ambition, which o'erleaps itself
And falls on the other."
- Act 1 Scene VII , Macbeth


Shares: 778,876,370
Outstanding loan in margin account: RM205-220M
Trigger point for force selling: 0.34-0.365

Stock

2021-09-15 17:52 | Report Abuse

Even before Covid, the company was making losses already.

Since 2019, there is no more extraordinary profit (other income) from sale of aircraft and low fuel prices.

___________________ FY 2019 ___ FY2018
Revenue ___________ 11,965M ___ 10,431M
Other Income _________ 359M ____ 809M
Operating Pofit / Loss ___ (457M) ___ 353M


Going forward these will be the variables:
- Max 40,000M ASK (assuming Carlyle Aviation, Incline, NBB, BOC Aviation, Castlelake LP etc do not 'tarik' aircraft)
- Cost per ASK - excluding fuel (sen) > 10
- Jet Fuel Price (RM/gallon): 7 to 9

With mask-on SOP at all times, no meals can be served.

Even if there is a magic wand to erase the accumulated losses and liabilities that have to be paid, the company will not be profitable again with its cost structure.

On the so called 'Digital' business, Teleport accounts for 82% of the digital revenue. Teleport is just an air cargo services. What is so digital about the business? If it's like Star Trek teleportation type of technology, then it's digital. Even then air cargo (Teleport) segment is making losses.

The 'Super App' is just a mobile app that forms another channel of distribution, in addition to physical outlets, agents, call centers, internet portals etc. Financial institutions (Maybank, CIMB, Citibank) and utility companies (TNB, Air Selangor) have mobile apps. None of them has announced that the mobile app is worth more than the value of the company.


Qtr Ended 30/06/2021

_____________________ Teleport ____ Super App ______ Big Pay
Revenue _____________ 154.8M _____ 26.67M _________ 5.97M
Operating Expenses ___ -181.315M ___ -67.712M _______ -27.14M
Elimination ___________ 11.3M ______ -4.98M _________
EBITDA ______________ -15.185M ___ -46.014M _______ -21.166M


Ron90 for the last 8 quarters, this cmpany already lost $8 billion !!. and the number will keep on increasing perhaps towards 10b in the next 2 qr, before back in the black. NAV in negative ..
15/09/2021 11:25 AM

Stock

2021-09-15 17:13 | Report Abuse

There's an agriculture visa program. Work as a fruit picker at AUD20-35/hour. Apply for PR after 3 years.

https://www.scmp.com/week-asia/people/article/3146669/australia-lures-asians-farm-labour-new-agriculture-visa-and-path


leno but to "retire" to australia or nz need a lot of money.
that's why leno only suggest to sslee and raider.
Others should collect as much insas as possible,
if u want to retire like leno lor.
15/09/2021 4:40 PM

Stock

2021-09-15 15:50 | Report Abuse

Oh well, I will not buy WC then.

As a visitor, I sat on chairs during my last visit to Flower Drum restaurant in Melbourne.

Afraid later after migration, I have to sit on carpet by the drain to eat duck and fish.



leno to psai :
there is no point u buy wc if u dont want to migrate.
u will waste your money,
better u go buy serba to help karim con people.
15/09/2021 3:28 PM

Stock

2021-09-15 15:24 | Report Abuse

Leno, I do not wish to migrate.

Will I be forced to migrate if I were to buy Insas? If so, can I buy Insas-WC without migrating?



leno and don't forget,
Buy insas if u want to migrate.
15/09/2021 1:16 PM

Stock

2021-09-15 14:06 | Report Abuse

Those are publicly available information. I cannot publish non-public ones.

i3lurker psai3alert

btw Google satellite maps are all NOT more than 3 years old

Google satellite maps are usually between 1 to 3 years old
15/09/2021 1:57 PM

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2021-09-15 14:02 | Report Abuse

Loyalty (bigpoints) points are liabilities. Are they reflected in the balance sheet for AA?


Sslee

As I say before with cutthroat pricing of air fare and people eager to use bigpoints to redeem the ticket before AA go under more cash burn is coming.
15/09/2021 10:37 AM

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2021-09-15 13:54 | Report Abuse

Yes, it does look like insider trading.

Martha Stewart was jailed 5 months for insider trading. She sold all 3,928 shares of her ImClone Systems to avoid a loss of $45,673.

Robert Foster Winans, a former columnist for The Wall Street Journal who co-wrote the "Heard on the Street Column" from 1982 to 1984, was convicted of insider trading and mail fraud. He was indicted by then-U.S. Attorney Rudolph Giuliani and convicted in 1985 of violating Federal law by leaking advance word of the contents of his columns to a stockbroker, Peter N. Brant at Kidder, Peabody & Co.

The contents of his columns were merely his opinions, not insider information. But because the columns impact share price movements and he benefited by leaking advance word of contents to a stockbroker, he was convicted.

Anyway, that's the States.


i3lurker 10 sen drop from insider trading

dreamers still refuse to sell

some Unit Trusts still hold many lorryloads.
These people will unload when it is only 1 sen


Posted by PSAi3alert > Sep 15, 2021 1:27 PM | Report Abuse

Look at Wirecard's share price from 12th June 2020. That was conclusion. Not before.


i3lurker share price already dropped 10 sen to reflect conclusion of SIR
15/09/2021 12:39 PM
15/09/2021 1:30 PM

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2021-09-15 13:27 | Report Abuse

Look at Wirecard's share price from 12th June 2020. That was conclusion. Not before.


i3lurker share price already dropped 10 sen to reflect conclusion of SIR
15/09/2021 12:39 PM

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2021-09-15 13:21 | Report Abuse

I have had PRs from 2 different countries. Without buying Insas.

leno and don't forget,
Buy insas if u want to migrate.
15/09/2021 1:16 PM

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2021-09-15 13:15 | Report Abuse

You and your brother are already in a position to migrate. Without buying Insas.


leno We are a real rags to riches story
thru hard work or study hard
Luck or no luck
bad event or good event
we fight them thru
one way or another.

Buy insas if u want to migrate.
15/09/2021 1:01 PM

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2021-09-15 13:03 | Report Abuse

I know many people who 'jumped aeroplane' to UK and US and did the same as your brother. Some are still struggling overseas. Some came back.

You want to migrate to sit on carpet next to the drain to eat duck and fish.

You brother likes to go to Lot 10, Sungei Wang, BB, 1Utama, KLCC, Pavillion 1, Pavillion 2.

Why should your brother follow you?


leno my elder brother
working since primary school,
flunk his spm,
worked 7 day 7 nights a week,
until vomit blood.
worked 3 jobs in 1 day, everyday.
chef at hotel, during break he send beef to many restaurant,
and at night he drive bus mini.
No smoking, no gambling, no drinking.

now a tycoon in KL.
He got 10 luxury cars outside his banglo,
and His banglo got lift inside.
If u meet him at anywhere,
and he is always everywhere,
lot 10, sungei wang, BB, 1utama, KLCC, u name it.
he look so ordinary and plain.
Soft speaking, smiling, and always on the move.

And when he hear leno going to migrate,
he also want to follow.

Buy insas if u want to migrate.
15/09/2021 12:32 PM

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2021-09-14 22:30 | Report Abuse

I was just marketing a possibility just like some people are marketing a possibility of 4.5 and 0.45.

And the lowest price will be 0.000 not -0.58/share.

I did not say all businesses built on false promises will drop to 0.000.

Just some.

Transmile, London Biscuit, etc were built upon false promises of viable business models. There are now worth 0.000.



keown83 @PSAi3alert telcos made a lot of false promises but majority of them didn't drop price until 0.00

TM still pricing around +-RM6.00 although u knew how much bullshit they have marketed on their internet packages..& so does other telcos lilke Maxis & Celcom

are u tryin to do some bullshit claim too? im starting to doubt your previous posts
14/09/2021 9:59 PM

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2021-09-14 21:42 | Report Abuse

Share prices of companies built upon false promises can drop down to 0.000 .


perx135305 its called marketing, a common practice for ALL companies, not just AirAsia, I am very sure AirAsia did not invent this. like the example I gave above, when someone advertise its having sales of UPTO 90%, dont expect all items to be discounted 90%, ONLY certin items will be discounted 90%.

if someone is still not aware of this marketing strategy, i have nothing else to say
14/09/2021 8:19 PM

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2021-09-14 19:49 | Report Abuse

It's called false advertisement. AA prefers to pay fines.


https://www.nst.com.my/business/2018/12/437236/mavcom-fines-airasia-airasia-x-misleading-ticket-prices

https://www.accc.gov.au/media-release/air-asia-berhad-to-pay-200000-penalty-for-breaching-the-australian-consumer-law



Juliana AirAsia is very stupeed.
if they are selling it's a ticket at the market price, Of course The Traveller are willing to pay at the market price.
why should AA always sells it's air ticket at very very low price price?
14/09/2021 7:21 PM

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2021-09-14 17:15 | Report Abuse

Will not help. Unrelated diversifications are symptoms of metastases of cancer.


Juliana Surgery Must Be Done?
14/09/2021 4:12 PM

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2021-09-14 15:34 | Report Abuse

Let's just assume each of the tickets were sold at RM99 and all of them were purchased with cash instead of credit. That will yield RM19.8M.

The seats will be distributed over 5.5 weeks without social distancing (200,000 / (2 x 90 flights per week x 200 seats per flight) )

As at 30th June 2021, AA had RM235M. Stated cash burn was RM71M per month. By end of the month or before, AA will have zero cash.



Sslee “Since the government’s announcement of the Langkawi travel bubble’s standard operating procedures (SOPs) last week, we have seen very strong uptake for seats to Langkawi, especially with the RM12 low fares and RM99 SNAP deals by AirAsia,” he added.

He noted that on the day of the announcement, the airline sold almost 30,000 tickets, and is currently close to reaching 200,000 with the necessary promotions and offerings put in place.
14/09/2021 3:12 PM

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2021-09-14 13:52 | Report Abuse

No more hope? Can certify?

Cause of death: severely low cash (cardiogenic shock) secondary to negative equity (myocardial infarction)

Time of death: anytime soon


DickyMe Singapore Airlines is majority-owned by Singapore government investment and holding company
==================
Temasek Holdings which holds 56% of voting stock.


AA stands without walking stick or intravenous feeding.

That's the difference.
14/09/2021 1:46 PM

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2021-09-14 13:38 | Report Abuse

Houston to AA, you have severe liquidity and negative equity problems.

AA as at 30th June 2021: cash RM235M, negative equity -RM5,023M

SIA cash and bank balances as at 30th June 2021: RM42,181.28M [S$13,650.9M]

Grab cash and cash equivalents as at 31st March 2021 : RM20,335M [USD4,900M]

Stock

2021-09-14 13:27 | Report Abuse

It is time...

Karim's shares: 778,876,370
Outstanding loan in margin account: RM205-220M
Trigger point for force selling: 0.34-0.365

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2021-09-14 12:41 | Report Abuse

I ate ice bola in primary school.