PSAi3alert

PSAi3alert | Joined since 2021-04-21

Investing Experience -
Risk Profile -

Followers

2

Following

0

Blog Posts

0

Threads

982

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
982
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2021-09-03 23:35 | Report Abuse

i3lurker,

Thanks.

Was typing out reasons why deferred leases and other liabilities that were expended will still have to be paid.

Saw your note and deleted them.

Are you able to find a LCC airline with negative assets? Not in Southwest or EasyJet.

p.s.
Financials for the 8-year old food delivery company that was acquired for USD9.8M

Revenue: 5.9M
PAT: abt -2.42M
Share Cap: 0.3M
Retained Earnings: -4.6M


i3lurker PSAi3alert

dun waste time
University degree or professional quali will take usually 3 or 4 years or more

I did my CPA in 3 years

only KBK brainless people will ask you to compress 3 or 4 years into 50 words or less.
They actually do not know what they do not know

move on and forget about him
03/09/2021 10:40 PM

Stock

2021-09-03 22:55 | Report Abuse

Revenue (RM'000)
____________________________ 2019 ________ 2018
Passenger revenue
- seat sales __________________ 9,179,443 ____ 7,656,780
- others _____________________ 2,073,576 ____ 1,840,494
Freight services _______________ 479,794 _____ 292,121
Aircraft operating lease income ___ 127,590 _____ 848,901
__ Total _____________________ 11,860,403 ___ 10,638,296


Other Income (RM'000)
_____________________________________________ 2019 ________ 2018
Gain on disposal of property, plant and equipment _____101,544 ______ 298,816
Gain on disposal of investment in a subsidiary __________ ___________ 350,317
Gain on recognition of finance lease receivables _______ 22,458 ______
Fees charged to associates providing commercial air
transport services _______________________________ 73,584 ______ 74,291
Fees charged to related parties providing commercial
air transport services _____________________________ 35,866 ______ 40,235
Dividend income from investment in securities _________ 6,331 _______ 3,078
Aircraft wet lease income ___________________________ ___________ 76,928
Non-airline income _______________________________ 200,462 _____ 35,116
Others _________________________________________ 208,581 _____ 314,495
__ Total ________________________________________ 648,826 _____ 1,193,276



In_Sight
----------------------------------------------------------------------------------------------

In 2018, the gains from disposal of aircraft was not RM1.1B and it wasn't and shouldn't be listed in Profit and Loss statement as it was not an operating income per se. Gains from disposal is listed cashflow statements under "cashflow from investing activities". Go read the notes in the Annual Report and find out what the RM1.1B of "Other Income" actually is.
03/09/2021 10:07 PM

Stock

2021-09-03 18:49 | Report Abuse

Tony got himself a new Tesla Y. He's laughing.

https://hype.my/2021/244384/airasia-customers-tony-fernandes-tesla/

Some of the comments left by angry netizens include:

“Since you can buy a Tesla, why can’t you refund my AirAsia tickets?”

“Where is my refund? I’ve been waiting a whole year.”

“Wow, I’m glad the air tickets money that I wasn’t allowed to get back from AirAsia last year thanks to Covid-19 is being put to good use by him.”

“The man is even more mo*ronic than I thought if he posts photos of himself, boasting about his new luxury car! Who does that at a time when people are suffering financially, many are waiting to have their Air Asia tickets refunded and company employees are waiting to be paid. His arrogance is staggering. I have always flown Air Asia but I’m not sure I will in the future if this is the way the CEO treats people.“


i3lurker psai3alert

Another Example here.

This is another Fanboy in Alternate Reality.
Because of Malaysia KBK system we have graduates totally without brains.

They have no understanding that liabilities in Balance Sheet must be repaid back
because in Real Life they just borrow money from bank and refuse to pay back.
Their loans are forgiven by bank due to %$$^& You know, I know.

so such FanBoys expect that AA loans no need to pay back.




Posted by In_Sight > Sep 3, 2021 6:11 PM | Report Abuse

Those people who thinks that AA needs to cover back "losses" really don't truly understand accounting. So funny. Ask yourself, what are these losses consists of? Why do they need to cover back? Pay to who? RM 7 billion need to pay to who? Whose name own that rm7 billion?
03/09/2021 6:24 PM

Stock

2021-09-03 18:39 | Report Abuse

Pay to who?

Aircraft lessors RM12.5B
Carlyle Aviation
Incline
NBB
BOC Aviation
Castlelake LP

PSC RM100M+
MAB and other airports

Sales in Advance owing to passengers RM900M+
Simon Francis
Wax Waclin
J Thomas Cathey
Daisy Daisy
Alicia Lim
Romesh Wanduragala
Saravanan Muttia
Glenn Jackson
Leonie Hodgson
Mohammad Abdul Muhit
Sheree Lynette
Warren Pietersen
Rave Nathan Alsid
Ailene Jazmin Nemeño
Marqueza Ronald
Francis Wong
Ric Garner
Desmond Khoo
Emma Gamana
Margie Bagatnan
Irene Kwan Tupas Tupas
Marqueza Ronald
Franklin Joseph Stein
+++
+++
+++
hundreds of thousands more
+++
+++


In_Sight Those people who thinks that AA needs to cover back "losses" really don't truly understand accounting. So funny. Ask yourself, what are these losses consists of? Why do they need to cover back? Pay to who? RM 7 billion need to pay to who? Whose name own that rm7 billion?
03/09/2021 6:11 PM

Stock

2021-09-03 18:09 | Report Abuse

TianChoi1,

In 2018, the gains from disposal of aircraft amounted to over RM1.1B.

That amount will need to be removed from the RM1.7B nett profit.

Even with full vaccination the cost elements will be:
- Cost per ASK - excluding fuel (sen) > 10
- Jet Fuel Price (RM/gallon): 7 to 9

So, the best case going forward will be less than RM300M operating profit per year.

And AA will need 23 years of such best case years just to cover the RM7B losses.


TianChoi1 sslee
U based on the following assumtions:
1) Covid is here to stay. Vaccination doesn't work.
2) AA cann't get fresh funds.

The best year 2018 - Nett profit was 1.695 billions. only from Air travel. Can u see the profits that AA will has once all these comes in.

The rewards outweigh the risks. The rewards will be huge. So i still stay invested in AA.

No rite No wrong. It all depend on your own assessments.

Stock

2021-09-02 18:01 | Report Abuse

pearlwhite,

If indeed there is so much cash lying around, why isn't the company redeeming the RM1.7B bond at 40% of face value? Just pay RM680M from cash balance and book the RM1.02B as negative interest expenses.


pearlwhite .
Please read properly the news articles. Read many times.

I think not when Q6 will show cash and cash equivalents now stands at RM2.7 billion vs. RM1.0 billion previously (due to collections from Trade debtors, even those highlighted by KPMG as discrepancies).

.
02/09/2021 5:43 PM

Stock

2021-09-02 14:37 | Report Abuse

Sslee,

My eyes almost welled up when I read a paragraph from your posting.

Until I remembered there are many other methods of cooking - boil, steam, bake, grill, roast, raw, etc

So, people will not go hungry tonight.


Sslee

Our mid stream operation produce an affordable healthy cooking oil and specialty fat so that millions of peoples do not need to go hungry tonight and many more millions of overeat and fat peoples can still remained healthy.(Note: If not for palm oil, many food items will be unaffordable to millions of peoples)

02/09/2021 2:07 PM

Stock

2021-09-02 14:13 | Report Abuse

calvintaneng,

There is no occupational hazard in hydropower projects that do not exist (Nepal : Solukhumbhu, Apex Makalu; Laos : Nam Taep, Nam Samoy).

I am still waiting for answers from your contacts in KPower.


calvintaneng In many industries there is some form of hazard or danger

See steel mill

Men must learn to take precaution and improve at all times
02/09/2021 1:51 PM

Stock

2021-09-02 13:53 | Report Abuse

i3lurker,

Agree. In 20 years time ICE cars will be phased out, so demand from other sectors will need to fill the gap.

I believe Armada will issued dividends if the company is in the position to do so. The bulk of dividends will go to Usaha Tegas via Objektif Bersatu; and Tan Sri AK does a lot of philanthropy initiatives via UTSB.


i3lurker psai3alert

you must understand how crude oil is used up

bulk of crude oil around 80% is consumed by construction activities, infrastructure building, agriculture and air travel
02/09/2021 12:43 PM

Stock

2021-09-02 12:40 | Report Abuse

No worries. Can even pay for roast duck lunch (RM800) and parking (RM350) at London Chinatown before coffee at Harrods.

i3lurker I had put a small bet on Armada too to get some coffee money at Harrods
02/09/2021 12:04 PM

Stock

2021-09-02 12:31 | Report Abuse

The only concern is the shift towards electric vehicles and electric sex dolls which will moderate transport industry's demand for hydrocarbons in 20 years time.


i3lurker Armada EPS 10 sen per share per year
at 45 sen the PE is only 4.5

outlook is very promising for Armada
02/09/2021 12:08 PM

Stock

2021-09-02 12:17 | Report Abuse

If you're referring to cannabis (weeds), it is against the law for people in Western Australia to cultivate, possess, use, sell or supply cannabis.


leno “Selling your winners and holding your losers
is like cutting the flowers and watering the weeds.”

But we also understand
lembu like to makan rumput mar
02/09/2021 12:05 PM

Stock

2021-09-02 12:03 | Report Abuse

I think Armada will cross the line first. But don't tell Leno.


Sslee Top up Armada 100,000 unit at 0.45, 100,000 unit at 0.445 and another q buy 50,000 unit at 0.44.
The race is on to see Armada or Insas-WC race on to RM 1.00.
01/09/2021 9:26 AM
01/09/2021 9:27 AM

Stock

2021-09-02 12:01 | Report Abuse

"Laughing in full abandonment is very good for your health"

"When we are angry we are blind to reality. Anger may bring us a temporary burst of energy, but that energy is blind and it blocks the part of our brain that distinguishes right from wrong. To deal with our problems, we need to be practical and realistic. If we are to be realistic, we need to use our human intelligence properly, which means we need a calm mind."


leno if wc crash,
feel free to laugh at leno

if wc shoot up
feel free to angri at leno

either way
leno no give a fak

MUAHAHAHAHAHAHAH !!
02/09/2021 11:41 AM

Stock

2021-08-27 13:09 | Report Abuse

Leno,

I would like to buy back WC but cannot because Black Scholes said so.

As for the mother share there are a number of personal requirements that, I have observed, have not been met:
- Directors remuneration as a percent of total staff costs should be less than 10%
- Tycoon buys equivalent of Proton Saga only for each of his children upon their graduation. No continental cars.
- Kind and gentle to his mother-in-law
- Keeps promises
- No unrelated diversification


"Whoever sows to please their flesh, from the flesh will reap destruction; whoever sows to please the Spirit, from the Spirit will reap eternal life." - Galatians 6:8


leno Psai !!
U better buy back WC
but please do not post any Dalai Lama quotes here.
Really Beh tahan read your stupeed quotes !!
27/08/2021 9:58 AM

Stock

2021-08-24 00:22 | Report Abuse

trum,

South Korea's primary school teachers are taken from top 5% of undergraduates.

When Singapore started their education policy, teachers were taken from top 30% of undergraduates. It'll probably be higher now.

Have a look at Lee Kuan Yew's speech at (17:00 for education bit) :

https://www.youtube.com/watch?v=LvBlzDz9ttM


I bumped into LKY at a hotel lobby in Jinan many years ago. He visited Mount Tai Shan annually. I sensed so much presence and aura around him.

Stock

2021-08-23 16:18 | Report Abuse

Sir Sslee,

I have just pressed the golden buzzer for you.

Since Leno is not here, I also wish you an additional 3 sen dividend from Insas.

Thank you.


Sslee I once fight for the worker rights for better pay but my manager told me a better fight is for the worker to upgrade their skill thus I end up giving class after work for workers and now many of them are holding higher position and earned better salary.

I am pround of my men and feel all the extra work were well spent and appreciated when they call me 'Sir' everytime they happen to meet me.
23/08/2021 3:57 PM

Stock

2021-08-23 16:02 | Report Abuse

Trade secret? Ahh.....yes.

Buy a 8-year old company for USD9.8M at huge negative PE

Revenue: 6M
PAT: abt -2.5M
Share Cap: 0.5M
Retained Earnings: -5M


DickyMe "--->> Question: With the existing plane capacity and cost variables, how is AA going to make money over the next five to ten years."

Asking about trade secret?

LOL...
RM 4.50 coming soon.
23/08/2021 3:32 PM

Stock

2021-08-23 15:31 | Report Abuse

Off course Aaron Kok cannot be trusted. He's calling a buy on Ucrest which is a confirmed Holland stock.

Wahh... RM2? Can hire Pearlwhite as drebar already.


ggcomliao wa, kena treasure liao lor, congrats, dont trust seafood like aaron kok

i hold until rm2


PSAi3alert Came here at 0.24 upon your suggestion. Thanks.


ggcomliao hahahah u also come here ah gg.com lol
23/08/2021 3:22 PM

Stock

2021-08-23 15:11 | Report Abuse

Came here at 0.24 upon your suggestion. Thanks.


ggcomliao hahahah u also come here ah gg.com lol

PSAi3alert ggcomliao,

My cactus grew from 2.4 inches to 3.6 inches. And yours?
23/08/2021 2:49 PM
23/08/2021 3:06 PM

Stock

2021-08-23 15:01 | Report Abuse

Let's assume the vaccination rate is 1,000,000%.

--->>> Facts are :

As of Mar 2021, AA's liabilities were:
Lease liabilities _____ RM12.5 billion
(includes deferred aircraft leases, aka defaulted lease payments, of approximately RM1.8 billion)
Sales in advance ___ RM908,448M
Other payables ____ RM111.1M
Borrowings ________ 1,136.1M

AA's shareholders equity is currently at negative RM4.19B and liabilities will just keep ballooning.

Prior years' profits were obtained through trading (buy, sell and lease back) of airplanes, underpaying pilots and crews; and low fuel prices.

The variables going forward for the few years will be:

- 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

--->> Question: With the existing plane capacity and cost variables, how is AA going to make money over the next five to ten years.



TianChoi1 DickyMee Dumb Dumb
u think we are as dumb as you. Keep the dumbness to yourself.
we have different opinion as u. We don't keep harping on it as we are not dumb and dumb like the negative ppl here.
AA is going to be the shinning star.
-vaccination process in malaysia . 41% of the population have been vaccinated with 2 doses. 500K doses a day, we should reach herd immunity soon.
-AA nett profit is 1.5 to 1.6 billions during the good old days .they should be able to repeat this once the whole asean countries hv reached herd immunity Another 3-5 months...Nett profit might be higher with the addition of the new businesses!!!
-they venture into the right kind of businesses. superapps, teleport, food delivery etc They seem to be going ih the rite directions. The future
- Banking groups eg SK, etc are willing to invest in AA because they hv confidence in the current management of AA. Best run low cost carrier for 11 donkey years!!!!
-about 23% of AA shares are owed by foreign funds.
NO rite No wrongs. We all see things differently!!!
i wouldn't repeat all these again and again like the negative ppl here.
Ha ha ha
23/08/2021 2:30 PM

Stock

2021-08-23 14:49 | Report Abuse

ggcomliao,

My cactus grew from 2.4 inches to 3.6 inches. And yours?

Stock

2021-08-23 14:21 | Report Abuse

보스는 이미 골드를 가져갔습니다.


trum 耐心是金。
23/08/2021 2:07 PM

Stock

2021-08-23 14:03 | Report Abuse

There will be no linkage between financial results and staff salaries or even dividend.

In FYE 2017 and 2018, Inari posted consecutive record profits. However, 532 staff members were fired from the Paranaque plant in Oct 2017 for the reason that they were forming a union. Most of them have served the company for more than 10 years but salary remained at USD10 per day. They were replaced by temp staff.


p.s. Random thought: The ease with which temp staff was brought into the plant in Philippines coupled with the high percentage of foreign workers in Malaysian plants, suggest that the skills involved are low and, in turn, imply low barriers to entry for the business.


Sslee I thank Dato' Wong for fighting hard in maintaining the 2 cents dividend for last year when Insas result was poor due to realised and unrealised loss of 50+ million in investment and trading division.

This year need to wait for Q4 result whether any special dividend. If not then the dividend will only be announced during Q1 end 31th Sept 2021 just before the AGM.
23/08/2021 11:25 AM

Stock

2021-08-23 13:45 | Report Abuse

Your WC was free so ROI is infinity. Double infinity will be challenging.

A chick in your arms is better than two at the bar counter.


Sslee Haha PSAi3alert,
It's a comfort to me to know my free WC I sold at 30 cents was bought by you and you sold it for 40 cents.
23/08/2021 11:34 AM

Stock

2021-08-23 11:50 | Report Abuse

I conflicted on whether Leno should achieve her migration dreams because of her choice of city. Perth is for the newly-weds and nearly-deads, and she is neither, Hope she will change to Melbourne or Sydney.


Sslee That make leno the only smart lady still holding tight tight on her Insas-WC
23/08/2021 11:37 AM

Stock

2021-08-23 11:14 | Report Abuse

Sslee,

You are not donkey. You are Richie Rich!

I'm not pintar at all because I do silly buys, For instance, I bought Insas-WC at 0.3 without looking at anything. And after researching, I started to sell from 0.4.

And ggcomliao, a funny guy at Serba thread, suggested Scope. So, I bought at 0.24. When Sonos' results came out, I bought more. I still have yet to research the company.

I trust you that i3lurker is handsome.

Leno went for a holiday....


Sslee Insas canteeeeeeeeeeeeeek
I3lurker handsomeeeeeeeee
PSAi3alert pintaaaaaaaaaaar
Sslee donkeeeeeeeeeeeeeey
23/08/2021 9:26 AM

Stock

2021-08-22 23:04 | Report Abuse

trum,

For Semicon, I do not mean con in the literal sense. It's more on the valuation at the particular moment in time. For instance, Resorts and Public Bank were great buys in September 2001. And MPI and MMC were great buys in March 2020.

Perhaps you can post a company in the Semiconductor industry that you like and a few reasons why you like the company?


trum PSAi3alert,
So many con in i3 and Bursa? Now I know. Thanks to you.
I like Semi con, but you said it is a con. So how to buy Semiconductor?
You please tell me.

Stock

2021-08-22 21:53 | Report Abuse

Leno,

Goodbye.

Bon Voyage!!!

Stock

2021-08-22 21:35 | Report Abuse

leno,

Where are you going? Don't go.

I really like postings by rr88 and you. Very interesting read. The postings remind me of the time when I will read just the articles in Playboy magazine and skipped the titties pictures.

Please don't go. Pretty please with a cherry on top?

Come back and I'll give you a couple of quotes on hope.


leno i give u 5 min to delete your stupeed invitation,
or leno will take another longest holiday from this forum.
The choice is yours.
22/08/2021 4:33 PM

Stock

2021-08-22 21:27 | Report Abuse

Yes, no more 'borrow knife to kill people'.

Will remember your advice on dangerous combination of hotel rooms and coffee.


when it comes to dumping share to Suiyee Sucker Bilis, people will do anything immoral, criminal and illegal.
22/08/2021 3:49 PM

Stock

2021-08-22 14:41 | Report Abuse

i3lurker,

Everyone's a con. Depends on whether it's speculative or manipulative con.

Director's Remuneration Con
- In 5 years, directors' remuneration increased by 228% while return on assets dropped by 4.76% to 0.67%

Private Placement Con
- Ninja investors buy 333M PP shares at 3.1 and started dump from 3.6

Dividend Con
- In 9 years, pay out cumulative dividend of RM1,128.260M but collected RM1,783.715M from cumulative Issuance of shares, PP, rights proceeds, etc

Semicon Con
- OSAT (Inari, MPI, Unisem, Globetronics, KESM)
- ATE (Vitrox, Penta, Greatech, MI, Elsoft, MMS, Aemulus, Vis)
- Socket (FoundPac, JF)

Rakyat Con back
- Between 5th July and 17th August EPF disposed 53,396,100 shares in a Semicon

Ad Homimem and Reductio ad absurdum Con
- Leno

Strawman and Disappearing Con
- Sith Lord

Rationalization Con
- the ends justify the means


i3lurker thats easy

raider is a conman who worships Sith Lord
Leno is not a conman
22/08/2021 1:37 PM

Stock

2021-08-21 22:26 | Report Abuse

As mentioned, dividend is a WANT and if that is perceived to be the key lever for share price; that's what investors will get.

And in the pursuit of dishing out dividends, the cumulative dividends issued will be greater than the amount of money gained from the business operations.

In order to satisfy the WANT of dividends, there will be constant request for cash in the form of share issuance, private placement, rights issues, warrant conversions, etc.

The amount of cash request will and have eventually be greater than the dividends that were issued.

Ultimately, a situation called dividend smoothing will arise.


FYE 30/06/2013 - 08/09/2021
Cumulative Net Profit (NP): RM1,609.298M
Cumulative Depreciation: RM560.837M
Cumulative Purchase of PPE: RM911.002M

Cumulative (NP + Depr. - PPE purchase): RM1,259.133M

Cumulative Dividend Paid: RM1,128.260M

Cumulative Issuance of shares, PP, rights proceeds, etc: RM1,783.715M


FYE 30/06/2017 - 08/09/2021
Cumulative Net Profit (NP): RM1,168.263M
Cumulative Depreciation: RM443.231M
Cumulative Purchase of PPE: RM646.976M

Cumulative (NP + Depr. - PPE purchase): RM964.518M

Cumulative Dividend Paid: RM956.972M

Cumulative Issuance of shares, PP, rights proceeds, etc: RM1,473.128M


Dividend / Prior year (Net Profit + Depr – PPE purchase)
06/2021: 131.95%
06/2020: 136.27%
06/2019: 113.83%
06/2018: 114.29%
06/2017: 142.70%
06/2016: 59.10%
06/2015: 57.99%


p.s. Benjamin Graham lived in simpler times. Today, it's important to learn skills from Culinary Institute of America (CIA) or Culinary Institute of Ampang (CIA).

Live Long & Prosper,

Public Service Announcement @ i3 Alert

Stock

2021-08-21 19:39 | Report Abuse

Seriously, dividend is a WANT.

The worst thing about wanting something really badly is to have it.

I will next post about dividend smoothing to show issues that will not show up using Beneish M, ratio analysis or Altman Z-Score.

Have dinner first.

Stock

2021-08-21 18:53 | Report Abuse

Dividend is a WANT not a HOPE.

"If you ever want dividend badly, let it go. If it comes back to you, then it's yours forever. Well, at least until the next rights issue or private placement. If it doesn't, then it was never yours to begin with". - Indecent Proposal remixed by PSAi3alert

Stock

2021-08-20 18:58 | Report Abuse

Old Ketum stirred in old bottle.


alenac Old Ketum in new bottle.

20/08/2021 6:50 PM

Stock

2021-08-20 15:24 | Report Abuse

I was referring to TF & Co to use their own cash as collateral instead of begging for Danajamin guarantee, Are you TF & Co?

Yes, do not need to be serious. Just wind up the bankrupt airline and focus on nasi lemak.

Just let lessor repossess the planes, don't need to be angry and remember long after being buried six feet under.


"And there's partners who have made so much money from you for 19 years, and then drop you like a hot potato. I'm going to remember that, long after I'm buried six feet under." - Tony Fernandes


TianChoi1 Ha ha ha
We just invest in AA as our business decision. No need to be so serious. Pledge own cash as collateral. Hv a life !!!!
Lighten up.
20/08/2021 3:07 PM

Stock

2021-08-20 14:29 | Report Abuse

Don't need to wonder. Just pledge own cash as collateral for the loan to AA.


Sslee Wonder why that banks have approved part of the RM1 billion but Danajamin hasn't approved," Mr Fernandes was quoted as saying in an interview with The Edge, referring to the government's financial guarantee insurer?
20/08/2021 2:19 PM

Stock

2021-08-20 14:27 | Report Abuse

What have those businesses got to do with aviation?

If AA has money, refund the RM908,448M Sales in advance and pay the RM1.8 billion default lease payments first.

Also, stop the Danajamin loan application and rights issue.



TianChoi1 Ha ha ha
If you are AirAsia and u have no cash as 'believed by all the losers here" Do u still do these:
1) Teleport acquire delivereat for USD 9.8 million
2) Acquired Indonesia's Gojek business in thailand for RM208 million
3) Managed to 'fool" SK group USD 100 million financing !!!
If u r doing business and u hv no cash, u won't even think of expanding or acquiring new companies> Worst still all the big banking group willl run away if u want to approach them for loan/ financing.
that is the difference between a NORMAL Investor vs Smart Investors!!!! Hv fun in investing. Don't follow the normal groups. Sudies showed 80% of the normal investors lose money!!! Ha ha ha
20/08/2021 2:11 PM

Stock

2021-08-20 13:19 | Report Abuse

As of Mar 2021, AA's liabilities were:
Lease liabilities _____ RM12.5 billion
(includes deferred aircraft leases, aka defaulted lease payments, of approximately RM1.8 billion)
Sales in advance ___ RM908,448M
Other payables ____ RM111.1M
Borrowings ________ 1,136.1M

Shareholders Equity: -4,190M

The variables going forward for the few years will be:
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

Whether the vaccination rate is 50%, 100% or 1,000% is irrelevant.

AA's shareholders equity is currently at negative RM4.19B and liabilities will just keep ballooning.

Prior years' profits were obtained through trading (buy, sell and lease back) of airplanes, underpaying pilots and crews; and low fuel prices.

With the existing plane capacity and cost variables, AA will not make money over the next five to ten years.

The immediate concern is to stay afloat.

Instead of waiting for Danajamin loans, TF & Co should just pledge their personal cash (received from prior years dividends) of almost RM1B as guarantee for loans by AA. In addition, all LTIS should be suspended for the next 5 years. These 2 actions will display unequivocal commitment by TF & Co that AA is worth saving.



TianChoi1 very scared to hear such negative news???? ha ha ha
However those who have faith and willing to think out of box, will not care about what the other ppls' said. We all have our own judgement in investing our money. We know the last quarter results won't be good. However we invest based on the vaccination ramped up process. Invest at your own risk.
20/08/2021 11:21 AM

Stock

2021-08-19 15:37 | Report Abuse

Houston, we have a problem. Covid-19 virus is committing treason.


"Malaysia has recorded 22,948 new Covid-19 cases in the past 24 hours, the Health Ministry reported on Thursday (Aug 19).

This is a new daily record, surpassing the 22,242 cases reported yesterday (Aug 18).

The country’s cumulative case tally is now 1,489,460."



pearlwhite .
During the Audience with the Agong, the confirmation of support for Ismail Sabri by each of the MP was filmed. Agong darn smart.

Any MP who gives different vote during Vote of confidence, will be an act of treason.

Accept the decision and move on.
.
19/08/2021 3:10 PM

Stock

2021-08-19 15:01 | Report Abuse

Use minyak cap kapak in areas of itch


JaneTan68 my hand is so itchy to buy this darling stock !!!1!!!
19/08/2021 2:21 PM

Stock

2021-08-19 13:59 | Report Abuse

As of Mar 2021, AA's liabilities were:
Lease liabilities _____ RM12.5 billion (includes deferred aircraft leases, aka defaulted lease payments, of approximately RM1.8 billion)
Sales in advance ___ RM908,448M
Other payables ____ RM111.1M
Borrowings ________ 1,136.1M

When MYR depreciates against USD, the lease liabilities will increase further.


PN17 AirAsia (Underperform, TP: RM0.19). (The Edge)
19/08/2021 1:29 PM

Stock

2021-08-19 13:14 | Report Abuse

TF will just change airplanes color to blue.


trum BN back in power. This stock, how?
19/08/2021 11:49 AM

Stock

2021-08-19 02:10 | Report Abuse

USD = 5.0 RM coming soon

Stock

2021-08-18 17:31 | Report Abuse

Trum,

You discovered that papaya leaf juice can cure covid.

I hope you will be made PM for the discovery.


"PN chairman Muhyiddin Yassin is expected to announce the coalition’s official stand on its prime ministerial candidate later this evening."

https://www.freemalaysiatoday.com/category/nation/2021/08/18/sds-are-in-now-its-over-to-the-king/


trum Time is up. 4 pm. Who’s the PM?
18/08/2021 4:21 PM

Stock

2021-08-18 15:04 | Report Abuse

Take the diff between inflow and outflow

https://data.worldbank.org/indicator/BM.KLT.DINV.CD.WD?locations=MY


pearlwhite .

Please provide source. The data is different from the department of statistics.

https://www.dosm.gov.my/v1/index.php?r=column/cthemeByCat&cat=322&...

Your numbers don't agree.

Stock

2021-08-18 13:48 | Report Abuse

Beautyseeker,

Yes. During the period when Anwar was the Finance Minister, the country's:
- FDI net INFLOW was USD21.6 Billions
- national debt increased by RM5B (from RM99B to RM104B)
- Jan 1997 USD/MYR = 2.4862

During Najib's tenure:
- FDI net OUTFLOW was more than USD20 Billions
- national debt increased by RM488B (from RM376B to RM864B)
- Jan 2018 USD/MYR = 4.0325

_______ FDI Net Flow ________ National Debt
_______ (US$ Billions) ______ (RM Billions)
1990 __ 2.20 ________________ 95
1991 __ 3.82 ________________ 99
1992 __ 5.07 ________________ 97
1993 __ 3.94 ________________ 96
1994 __ 2.01 ________________ 93
1995 __ 1.69 ________________ 92
1996 __ 1.31 ________________ 91
1997 __ 2.46 ________________ 91
1998 __ 1.30 ________________ 104
1999 __ 2.47 ________________ 113
2000 __ 1.76 ________________ 126
2001 __ 0.29 ________________ 146
2002 __ 1.30 ________________ 165
2003 __ 1.10 ________________ 189
2004 __ 2.56 ________________ 217
2005 __ 0.99 ________________ 232
2006 __ 0.05 ________________ 248
2007 __ -2.74 _______________ 274
2008 __ -7.83 _______________ 317
2009 __ -6.63 _______________ 376
2010 __ -4.46 _______________ 427
2011 __ -2.99 _______________ 480
2012 __ -8.00 _______________ 530
2013 __ -2.11 _______________ 575
2014 __ -5.44 _______________ 621
2015 __ -0.68 _______________ 671
2016 __ 3.37 ________________ 697
2017 __ 3.76 ________________ 746
2018 __ 2.54 ________________ 806
2019 __ 1.39 ________________ 864



Beautyseeker For me, i believe Anwar can attract more FF

He got recognition from international

Stock

2021-08-18 13:14 | Report Abuse

leno,

Whether Insas has the cash or otherwise, that all the SBUs are under-performing; that the investment holding segment is making losses due to repeated proprietary trade errors; and excessive executive compensations that are not linked to performance - do not bother me at all and will not cause me to feel angry. Furthermore, anger destroys no one but yourself.

Just because I have not posted about Inari does not mean that there are no issues with the company. It just mean that I have not posted them yet.

Since you have so much hopes that are predicated on Inari, I will not shatter them.

"Our lives depend on hope. If you have hope, you’ll be able to overcome problems you face. But if you’re without hope, your difficulties will increase. Hope is linked to compassion and loving kindness." - Dalai Lama



leno u see leno invite Psai to insas
to counter check if leno miss anything.
This fellow can and will track all insas factories and offices
using satellite and google meet.

So far, psai cannot come out with any even tiny nano-fraud about insas.
Everything is REAL.

Psai confirmed Insas really hold so much CASH until he feel so angry.
Angry for what, don't ask leno.

ACT FAST !

INSAS REALLLY CANTEEEEEEEEEEEEKK !!!
18/08/2021 12:30 PM

Stock

2021-08-18 12:18 | Report Abuse

Watch out for Jaks stunt - ESOS that will be issued and paid for by the company.



Wonder why Insas sold 2.31 million Inari shares when Insas already hold so much cash?
17/08/2021 3:26 PM