I only trust Airbus.

Plane going down lo.

Last but not least what is Sri Lankan Airlines?

From 10sen in Feb to 37sen is just too much. Tayor.

If the price is going up dont chase the stock.

AirAsia Consulting, not AirAsia, bidding for SriLankan Airlines: Tony Fernandes
By BILQIS BAHARI
April 24, 2024 @ 5:17pm
New Straits Times.

Too many news. Which 1 is which? 🤔🤔🤔🤔🤔🤔

The full-fledged integrated supply chain management company today said in a Bursa Malaysia filing that its wholly owned subsidiary, MMAG Aviation Consortium Sdn Bhd (MAC), had on Saturday entered into a strategic collaboration and support services agreement with Supreme Global Holdings (Private) Ltd, a prominent Sri Lankan conglomerate with diversified interests spanning finance, infrastructure, logistics and aviation.


The plan is to establish a partnership in Sri Lanka’s aviation sector.

MMAG said Supreme Global is buying Sri Lanka’s national Sri Lankan Airlines, along with its consortium partner. It has identified MAC as the best candidate to partner and guide, following the group’s recent contracts secured from major carriers like MasKargo and Teleport by AirAsia, establishing the group as a key feeder and cargo handling operator.

"MAC agrees to support the said acquisition by providing the requisite guidance, and specialised services, focusing on establishing and managing a regional cargo feeder network, subject to the terms and conditions of the agreement,” the filing said.

MAC will provide freighter aircraft and operational support to establish a cargo feeder network for Sri Lankan Airlines post-acquisition.

It will also support Supreme Global and its partner in restructuring efforts post-acquisition and assist in launching a cargo network leveraging the geographical position of Sri Lanka to enhance its capacity as a strategic hub.

"The board believes the agreement will enable MMAG Group to enhance its global footprint in the aviation and logistics industry, strengthening the positions of MMAG and Supreme Global and advancing Sri Lanka’s air cargo landscape, should the acquisition plan materialise,” it said. — Bernama

REPLY TO THE QUERY FROM BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) MMAG HOLDINGS BERHAD (“MMAG” OR THE “COMPANY”) AND ITS SUBSIDIARIES (“MMAG GROUP” OR THE “GROUP”) - AIRCRAFT CHARTER AGREEMENT WITH TELEPORT EVERYWHERE PTE LTD We refer to the Company’s announcement made on 3 May 2024 (“Announcement”) and the query from Bursa Securities dated 6 May 2024 ("Query") in relation to the aircraft charter agreement with Teleport. Unless otherwise stated, defined terms used in this reply shall carry the same meanings as defined in the Announcement. The Company wishes to provide the following additional information pursuant to the Query. 1. 2. 3. 4. The value of the charter freight services to be provided under the Agreement or the basis thereof. Reply The value of the charter freight services to be provided under the Agreement is based on the actual flights flown and schedules completed in accordance with the agreed flight programme as well as the seasonal air cargo demand, which may vary from time to time during the duration and validity of the Agreement as set out in reply to item 3 below. The risks arising from the Agreement. Reply As disclosed in Section 4 of the Announcement, apart from the normal business and operational risks, there are no major risks in relation to the Agreement. Risk factors affecting the Agreement include but are not limited to changes in conditions of competition, economic, business, political and legal framework environment. In addition, the aircraft and associated equipment operated by the Group are subject to normal wear and tear and require periodic downtime for repairs and maintenance, which, if prolonged or frequent, could impact operations and financial performance. The Group also relies on third-party infrastructure and systems, and any inability to use its assets may adversely affect business performance. However, the Group will undertake the necessary efforts to mitigate the various business and operational risks identified. Duration of the charter freight services under the Agreement and the expiry date. Reply Pursuant to the Agreement, MJets Air as the Carrier shall provide an aircraft on charter for the Charterer in accordance to the agreed flight programme from time to time, commencing from 9 May 2024 to 2 November 2024. Whether the Agreement is renewable. If so, for how many years. Reply There is no renewal clause as stated in the Agreement but the Parties shall have the option to discuss and negotiate the renewal terms as deemed necessary.
5. The effects of the Agreement on the net assets per share and gearing of the group. Reply In addition to the positive effects of the Agreement to the overall future earnings and earnings per share of MMAG Group as disclosed in Section 3 of the Announcement, the Agreement is not expected to have any immediate material impact on the net assets per share and gearing of MMAG Group. The Board envisages that the Agreement is expected to contribute positively to the overall future net assets per share of MMAG Group for the financial year ending 31 March 2025. This Announcement is dated 7 May 2024.

Due to too many bad mouth naysayers The shares price dived from Rm1.10 last year to 65sen recently. With good plans n perseverance TF managed to go through all the obstacles. As a result we can see Cap A rebounded to 90sen and stay @ that price. Im confident it will continue to fly high. Pls fasten ur seatbelt.

Tut tut tut

Migraine.

I do hope ull go round n round with the same topic n got migrane.

Its better for me to take care of my other matters than got carried away in this forum. Goodbye.

Nobody cares.

Above Rm1.

After months of bad-mouth, the share price went down from Rm1.10 last year to 65 recently. With good plans n perserverance of Mr Tony the price went up to 90 sen 2 days ago. Im confident that it will shoot up above Rm in near future. Goodbye Naysayers!

If I hve no confidence with a company, ill never invest even a single sen. How can after months of bad-mouth Cap A, u still hold 1k shares?

😂🤣😂🤣😂🤣😂🤣

After months of naysayer now we can see the truth.

Now everyone can fly to the moon.

From 10sen to 20sen. Sudah naik banyak lh. Careful aa.

m16454. Next month

1 month left. If got profit can extend Pn17 lo.

.

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Jerung bnyk bid rendah. Tu x jln.

Sd today 5th most active. X lama mlotop lh.

Dh minum bnyak dn snyap.

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OpporturnityHunter. Todi ada minum kh?

Today Sd is d most active counter in Klse.

Pls no bad mouth here cos empty vessels make the most noise.

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I dare to say that this counter will up in longterm.

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Pls check d 1 month graph. Lowest 30sen n highest 42. Baru turun 3 sen semua monkeys sudah bising lo.

With interstate n overseas travel allowed, Empire City will alive back.