CapitalA would have drop below 70 cents if Stony keep his promise to announce CapitalA regularisation plan before end of April 2023.

Alas Stony words cannot be trust and no IBs analyst breifing nor announcement of CapitalA regularisation plan till today.

So Stony must has lose his balls to Mike.

And somemore encourage people to chase high with self claim PA .. did not see my posts on price increase of 1 sen Shl bring 5 figure Profit…

So did Mike tell people timing is important in PA forum? When he swing swing swing many times .. tanam biji dan tuai hasil many times … and make a killing from those chase high?

So another con stock Zelan from Mike!....
Please beware of con man Mike and do not buy any stocks promote by con man Mike.

In fact I made More Gain on Zelan with Mother MMC loh

Zelan slips into PN17 status after external auditors express disclaimer of opinion
Syafiqah Salim
theedgemarkets.com
May 02, 2023 12:46 pm +08

swing swing swing many times .. tanam biji dan tuai hasil many times …

So at the end you make only less than 1K?

What a waste on your talented wayang con job?

So how much did you make from your PA wayang con job?

Who is telling lies when I can repost my 2018 comment. While he is still shameless lier on my comments only started from late 2022?

So what say you on kon wayang TA teaching in PA forum to lure ppl to chase high PA stock but he himself buy low sell high to make a killing and leave those holding PA at high price, high and dry.

From HRC Annual report:
The Company recorded a total revenue of RM21.1 billion in FY2022 compared to RM12.0 billion in FY2021. The increase in revenue of RM9.1 billion or 75.8% were attributed to a 58.9% increase in product prices that averaged at USD125/bbl, coupled with 9.4% increase in sales volume supported by better market demand.

In FY2022, the price of Brent crude oil averaged at USD101/bbl.

Hence the refining margin/crack spread was USD (125 -101)= USD 24/bbl for FY 2022.

The HRC annual report 2022 has vindicated me and probability were right that the crack spread is at record double digit high in FY2022.

Below from my 2018 comment:

Sslee Dear all,
The phrase: 財聚人散，財散人聚
Translate literary: Wealth gather people scatter. Wealth scatter people gather.
My understanding this phrase mean: If you gather your wealth by mean of backstabbing, betraying, dishonestly and zero sum gain, then you will loss all your true friends. Anyhow if you falls into hard times true friends will still gather together to help you rebuild.
I think a similar English phrase is: Hard times will always reveal true friends.

Thank you.
17/03/2018 8:51 PM

Weight for weight human is among the weaker in the animal kingdom. What we lack we make up for by our brain power but nowadays many in i3 suffered brain damage and cannot think critically nor put forward the opinion/argumemt with facts/figures and reasoning.

They keep repeating their twisted lies and beleive when they repeat it a thousand times people will beleive its as truth.

My comments at i3 are all there from the day I posted my first comments till now.

A Cockroach Can Bite With a Force 50 Times Its Body Weight

A Cockroaches' exoskeletons allowed them to withstand weights up to 300 times their own body weight in small crevices and a whopping 900 times their body weight in other situations.

Be mindful of what you believe about yourself because you are merely the product of your thoughts. Cheers to Wesak Day!

At least Bob and me have a plan to make million from Hengyuan adventure/misadventure but attention seeker Mike totally has no idea how to make million so out of pity, I just allow this attention seeker Mike: ka ki kong ka ki song and enjoy his chui Kong lam pa song moment.

Post removed.Why?

Should Supersmart StartOfTheBull ask Stony at AGM how many bigpay account holders account had been hacked and amount of loss from these bigpay account holders?

By the way If I am not mistaken should captalA apply for second time extention to submit the PN17 regularisation plan and if Bursa reject capitaA application then the counter will be suspend and after a year delist from Bursa.

I try to return a favor to his MMC recommendation but alas I chose the wrong refinery and now he is trapped high and dry in HRC.

From Annual report:
The Company recorded a total revenue of RM21.1 billion in FY2022 compared to RM12.0 billion in FY2021. The increase in revenue of RM9.1 billion or 75.8% were attributed to a 58.9% increase in product prices that averaged at USD125/bbl, coupled with 9.4% increase in sales volume supported by better market demand.

In FY2022, the price of Brent crude oil averaged at USD101/bbl.

So I am right that the refining margin/crack spread was USD (125 -101)= USD 24/bbl for FY 2022.

The queations then why HRC only make miserable:
Current Cost of Stock margin (CCS) of USD0.47/bbl (FY2021: USD3.44/bbl) and gross profit margin of USD2.47/bbl (FY2021: USD 7.23/bbl) including the effects of crack swaps.

Someone turn GREEN knowing me making 250K+ from Insas-WC and most likely in 2027 I will make more from Insas-WD.

If I am not mistaken should Bursa reject capitaA application to extend the time for submitting the regularisation plan then the counter will be suspend and after a year delist from bursa.

So what have you learn from CapitalA annual report and what questions you want to ask Stony at the AGM?

Going Concern Assessment
As at 31 December 2022, the Group’s current liabilities exceeded its current assets by RM8,509 million. In addition, as at 31 December 2022, the Group reported a negative shareholders’ funds of RM5,725 million.

From Annual report:
The Company recorded a total revenue of RM21.1 billion in FY2022 compared to RM12.0 billion in FY2021. The increase in revenue of RM9.1 billion or 75.8% were attributed to a 58.9% increase in product prices that averaged at USD125/bbl, coupled with 9.4% increase in sales volume supported by better market demand.

In FY2022, the price of Brent crude oil averaged at USD101/bbl.

So I am right that the refining margin/crack spread was USD (125 -101)= USD 24/bbl for FYR 2022.

The queations then why HRC only make miserable:
Current Cost of Stock margin (CCS) of USD0.47/bbl (FY2021: USD3.44/bbl) and gross profit margin of USD2.47/bbl (FY2021: USD 7.23/bbl) including the effects of crack swaps.

Can I heave a sigh of relief, ular is here now and mad dog mike can play swing and throw with his master ular?

Ular,
Long time no see, how is your Credit Su?

2 months ago | Report Abuse

Credit Su ave price 11.95. Ular get at discounted price at 9.04 leh. If mau mati kudasai. Credit Su worst leh. Haiyoh. Correct?

US is more like a Corporatocracy to me. The election money/donation come from big business corporation and thus the President, senate and house representatives are beholder to big business corporation and will do or pass law that benefit the big corporation.


Corporatocracy (/ˌkɔːrpərəˈtɒkrəsi/, from corporate and Greek: -κρατία, romanized: -kratía, lit. 'domination by'; short form corpocracy) is an economic, political and judicial system controlled by corporations or corporate interests.

Repost: Attention seeker know how to read English?
All my comments is still in Netx. So don't be lazy go and read it again and again to understand what I said.

Stock: [INSAS]: INSAS BHD
Apr 22, 2023 5:40 PM | Report Abuse

Mike,
Go to Next forum. Tap Social forum then tap to page 1201.

Repost: Attention seeker know how to read English?

Stock: [CAPITALA]: CAPITAL A BERHAD
Apr 27, 2023 9:44 AM | Report Abuse

Blog Dashboard - My Blogs
Blog Title Posts Views Comments Last Published
Sslee blog 220 741,432 7,340 Jan 28, 2023

I thanks i3 for giving me opportunity to share my thought in i3 blog.

But lately I feel disappointed with attention seekers can't put forward their thought/argument with facts/figures and reasoning has to resort to insult, trolling and name calling.

Remember: Whoever calls names is called that himself.


Stock: [CAPITALA]: CAPITAL A BERHAD
Apr 27, 2023 9:30 AM | Report Abuse

Since when I approached Mike in Netx forum?

Another typical attention seeker Mike: ka ki kong ka ki song and enjoy his chui Kong lam pa song moment!..


Stock: [CAPITALA]: CAPITAL A BERHAD
Apr 27, 2023 9:20 AM | Report Abuse

Sometime out of pity, I just allow this attention seeker Mike: ka ki kong ka ki song and enjoy his chui Kong lam pa song moment!..

One of the good news you can find in the Annual report is Refining margin swap contract for Maturity date: January 2023 to September 2024 Gross margin per barrel (USD): 9.50 to 36.10

Page: 134
Refining margin swap contracts (continued)
The effects of the refining margin swap contracts on the Company’s financial position and performance are as follows:
2022: 2021
Carrying amount liability, net (RM’000): (830,596): (179,886)
Notional value (USD’000): 180,413: 265,421
Maturity date January 2023 to September 2024: January 2022 to September 2024
Hedge ratio (%): 100: 100
Change in fair value of designated hedging instruments (RM’000): (829,075): (97,395)
Change in value of hedged item used to determine hedge effectiveness (RM’000): 829,075: 97,395
Gross margin per barrel (USD): 9.50 to 36.10: 8.00 to 12.30

Repost: Attention seeker know how to read english?

Stock: [CAPITALA]: CAPITAL A BERHAD
Apr 24, 2023 1:52 PM | Report Abuse

Please check your bigpay account. My colleague bigpay has been hacked.

It will be a very painful and crude joke of century if what US can produce is a rematch of Biden VS Trump for 2024 President election.

Will prepare upcoming HRC AGM questions this weekend.

Bryan Ng Yih Miin
@Bryanngyihmiin
On 1.5.2023, the flight of AK 117 from Guangzhou to Kuala Lumpur faced with plane technical malfunction on flight and was directed to return to Guangzhou and we were told it was due to depressurisation. However, the plane continued to hover on the airspace for 3 hours to burnfuel

Bryan Ng Yih Miin
@Bryanngyihmiin
@tonyfernandes_

@airasia
however, it has be rescheduled to 945 am but we were informed that they only changed pilot but not the plane. All the passengers were very worried to be on the same flight. I believe Malaysians and Chinese national had phobia of the flight accidents.

Income and Mike please get a room! Hahaha

Good morning i3lurker,
I am glad I sold Jaks and Jaks go up further.
So when should I sell Insas?

Carbon Sink of Oil Palm Plantation and Forest
Indicator. Tropical Forest : Palm Oil Plantation
Gross assimilation (ton CO2/ha/year) 163.5 : 161.0
Total respiration (ton CO2/ha/year) 121.1 : 96.5
Net assimilation (ton CO2/ha/year) 42.4 : 64.5
Oxygen production (O2) (ton O2/ha/year) 7.09 : 18.70
Source: Henson (1999)

If Tan Teng Boo still have a little bit honor/worthiness in him, he should has do the right thing liquidate icapital and return the money to shareholders.

Insteads of comparing Icap to Scottish Mortgage Investment Trust PLC (Scottish Mortgage) and degrade Icap as a spring chicken.

So another promise broken by Stony to annouce the regularisation plan by end of April 2023.

So fans boy and girl of Stony, can Stony promise/words be trusted again?

With associate companies, the parent does not consolidate the financial statements of the associate company. By comparison, a subsidiary is a company with a parent company that owns a majority share. In this case, the parent company will often consolidate the financial statements of the subsidiary.

So what is CapitalA talking about starting from 1Q2023, Capital A is consolidating all four airlines under the Group, which consist of AirAsia Malaysia, AirAsia Thailand, AirAsia Indonesia and AirAsia Philippines when CapitalA hold less than 50% effective equity in AirAsia Thailand, AirAsia Indonesia and AirAsia Philippines?

Note: Annual report 2022 treat AirAsia Thai as associate but AirAsia Indonesia and Philippines as subsidiary. Why?

SuperStxxxx StartOfTheBull,
Go fly a kite!

Post removed.Why?

Some quarter can make losses because Insas holds 200+ million of financial assets through profit or loss ( Investment in listed companies equity that are mark to market at end of each quarter)

Cumulative six months end 31/12/2-22
Dividend received: RM 30,042,000

Finance costs
Group Company
2022 2021 2022 2021
RM’000 RM’000 RM’000 RM’000
Interest expense
- bank borrowings (210,224) (101,584) -
- lease liabilities (705,152) (500,044) - -
- provision of retirement benefits (4,809) (5,350)
Impact of discounting effect on financial
instruments - (70,101) - -
RCUIDS profit payment (61,879) - (61,879) -
Others (22,858) (2,728) (2) (1)
(1,004,922) (679,807) (61,881) (1)


(c) Foreign exchange (losses)/gains
Group Company
2022 2021 2022 2021
RM’000 RM’000 RM’000 RM’000
Realised (99,544) (21,088) (23,673) 1,998
Unrealised (545,316) (49,996) 56,783 (7,184)
(644,860) (71,084) 33,110 (5,186)

From CapitalA annual report year end 31/12/2022

Name of entity Country of incorporation
Group’s effective
equity interest
2022 2021
% %
PT Indonesia AirAsia (“IAA”) Indonesia 47.43 49.10
Philippines Airasia Inc. (“PAA”) Philippines 40.00 40.00

Group
2022 2021
RM’000 RM’000
Accumulated balances of material non-controlling interests:
IAA (1,384,050) (1,494,015)
PAA (2,226,942) (2,215,947)
Other individually immaterial subsidiaries (180,873) 669,359
(3,791,865) (3,040,603)

Group
2022 2021
RM’000 RM’000
Loss allocated to material non-controlling interests:
IAA (256,534) (344,971)
PAA (349,719) (328,360)
Other individually immaterial subsidiaries (71,535) (56,369)
(677,788) (729,700)

CapitalA group effective equity interest:
PT Indonesia Airasia: 47.43%
Philipines Airasia Inc: 40%
Both even equity is less than 50% but still considered as subsidiaries.

Whereas after restructure CapitalA hold 43% AAV holding company of Thai Airasia Co. Ltd is reclassified as associate company.

Somone do not read or till now still has no idea that Stony plan for CapitalA to exit PN17 is to exit aviation by divest CapitalA' aviation group with its billions liabilities to AirAsia X in exchange of shares for subsequent distribution to its shareholders.

So what is he talking about CapitalA will be a fully functional airline???

AAX will do well without Tony and capitalA plan injection of CapitalA aviation with its billions liabilities.

For the first quarter of 2023, Intel booked $11.7B in revenue, a precipitous 36% drop from the year-ago quarter. As was the case in Q4, Intel is in the midst of a major industry slump, which has hit revenues hard and operating/net incomes even harder. Intel closed the quarter in the red on an operating income basis, losing $1.5B, and the company’s overall net loss was a staggering $2.8B on a GAAP basis.

With High debts, billion in lease liabilities and high operation and maintanance cost CapitalA can ill afford to fight for market shares with cheap ticket prices.

Stony is captaining CapitalA for a nose dive to the ground.

Agree with supersaiyan3

Repost:
Apr 27, 2023 6:30 AM | Report Abuse

If the answer is CapitalA can't make any profit from this 10 million free seat promotion pay now and travel period between 4th September 2023 to 13th August 2024.

That can only mean this is a desperation move to use future revenue (advance sales) to pay for the current working capital aka Ponzi scheme/scam.

I am sure CapitalA auditor will raise a material uncertainty related to the going concern of the Main Market-listed CapitalA in respect of the financial statement for the fiscal year ended Dec 31, 2022 due to CapitalA’s current liabilities exceeding current assets by RM 9,067.50 million,

Post removed.Why?

StartOf The Bull,
Are you talking about yourself?
Now you can read Chinese.