Prospects

Looking ahead, the Group anticipates positive near to medium term outlook supported by healthy orders in the Manufacturing segment from customers in the semiconductor and E&E sector. On top of that, the Group is working towards finalizing and confirming orders from new customers as we venture into offering higher value-added services and expansion into large complex assembly and structure for the semiconductor industry. We are also exploring for opportunities to expand into medical devices sector following our ISO 13485 certification.

With more than 80% of our employees being fully vaccinated, the factory operation has resumed 100% capacity by end of September 2021.

Nevertheless, the operating environment remains harsh with escalating input cost pressure arising from surge in cost of raw materials, logistics and shortages in supply chain apart from concerns over the emergence of new variant of concern for the Covid-19 pandemic.

mkt cap is only RM 189m...should be easy to push up if they want. Even KYY can push up the price.

A good company with strong FA.

I think the mgt does not want the share price to up so quickly so that they can price their option and warrant at lower price.

as loan stock with right to convert one to one with 8% interest should be better value than mother shares...

haha, lately airasia traded around 82sen. those who bought LR and subscribed for loan stock at 75sen with free warrant will make good money once traded this friday...

随着集团的数字化转型继续获得强劲势头，亚航集团还寻求在不久的将来，为超级应用程式、物流合资企业Teleport和工程公司Asia Digital Engineering筹集新资金。

Airasia whether can survive or not depend on the listing or valuation of above superapp....Let see

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E7%AD%B9%E9%9B%869745%E4%BA%BF-%E4%BA%9A%E8%88%AA%E6%9C%AC%E5%91%A8%E4%BA%94%E5%AE%8C%E6%88%90%E9%99%84%E5%8A%A0%E8%82%A1

i am just teasing Aaron Tan lah as he is very free here to talk 3 talk 4...You think good stock shared will be really good stock meh?

Still need to do homework....

https://www.thestar.com.my/business/business-news/2021/12/20/pmb-tech-gets-more-energy-to-power-expansion

Haha, PMB Tech is multibagger stock, up from 72 sen in 2016 to today about RM 12+.

If Aaron Tan has any good stock to buy can recommend here for evaluation for the benefit of all investors.

if it is just normal correction due to nasdaq and no other bad news particular for this stock, then it is oversold

Thanks any latest news on this stock? Any bad news? Dropped from 47sen till 26sen....in just 2 months after free warrant.

This has attracted my attention...

dropped heavily... any bad news?

want to start buying this stock as look cheap...

Announced +24% power capacity commitment from sesco. Theoritically the power should allow to handle 24% more metal.

AYS mkt cap is small and big boys should be able to push the price up if they want. i also bet some and i believe my average cost is as low as uncle recent purchases...

haha, not bad, 57.5 sen now....

i bet 30,000 shares right issue, just 1% of my msia portfolio...too cheap to ignore despite the risk. Lost is lost 1% only

Glad to hear you mum is getting better. take care

Loan stocks will not get capital reduction. What i mean is Airasia ordinary shares may need to be reduced by 10 to 1 with another right issues again in near future to shore up balance sheet.

After all this "maybe capital reduction", will loan stocks holders get to covert 1 RCUID to 1 share of airasia post capital reduction?

To ensure better capital position, airasia may need to do capital reduction and right issue near future. Airasia total equity is deficit RM 5.9billion as at 30.9.2021


Will this RCUIDs be affected by capital reduction eg 10 becomes 1 for existing ordinary shareholders? RCUIDs holders will still get covert 1 RCUID to 1 share of airasia post capital reduction?


Any thought on this?

A capital reduction with right issue maybe needed in near future solve this negative NTA issue. Airasia total equity is deficit RM 5.9billion as at 30.9.2021

Raising RM 1 b this round maynot be sufficient

to ensure better capital position, airasia may need to do capital reduction. Will this RCUIDs be affected by capital reduction eg 10 becomes 1 for existing ordinary shareholders?

For information some of the important dates

AIRASIA - Notice of Rights Entitlement
AIRASIA GROUP BERHAD

RENOUNCEABLE RIGHTS ISSUE OF RM974,513,219.25 IN NOMINAL VALUE OF 7-YEAR REDEEMABLE CONVERTIBLE UNSECURED ISLAMIC DEBT SECURITIES ("RCUIDS") AT NOMINAL VALUE OF RM0.75 EACH BASED ON THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT) COMPRISING 1,299,350,959 RCUIDS TOGETHER WITH 649,675,479 FREE DETACHABLE WARRANTS ("WARRANTS"), ON THE BASIS OF 2 RCUIDS WITH 1 WARRANT FOR EVERY 6 ORDINARY SHARES IN AIRASIA GROUP BERHAD ("AAGB") ("AAGB SHARES") HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 2 DECEMBER 2021 ("RIGHTS ISSUE")


Further to Reference No. ILC-19112021-00013, kindly be advised of the following :



1) The Right commence of trading : 6 Dec 2021 (Instead of 3 Dec 2021)
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 7 Dec 2021 (Instead of 6 Dec 2021 )
3) The last day and time for Acceptance, Renunciation and Payment : 20 Dec 2021 (Instead of 17 Dec 2021 )
4) The Rights cessation quotation : 13 Dec 2021 (Instead of 10 Dec 202)



The Stock Short Name, Number and ISIN Code AIRASIA-LR, 5099LR and MYL5099LR005



Remarks :
The changes to the important relevant dates for the Rights Issue have been amended due to an announcement of a public holiday for all Federal Territories on 3 December 2021 by the Ministry of Federal Territories.

by then end of this week, more information will be out for this omicron virus

still have few days to think n decide. Now about LR is about 1 sen. If omicron is mild and vaccine is effective, airasia should be able to survive this. We should be at tail end of covid pandemic.

haha, when price above RM 1, so many people chased to buy high. When at distressed price, no body wants....

today rebar futures closed RMB 4450 up 1.3%...cantik

look like steel price recovering n the worst is over for now

此次降准释放多少资金？

　　答：此次降准为全面降准，除已执行5%存款准备金率的部分县域法人金融机构外，对其他金融机构普遍下调存款准备金率0.5个百分点，同时考虑到参加普惠金融定向降准考核的大多数金融机构都达到了支农支小（含个体工商户）等考核标准，政策目标已实现，有关金融机构统一执行最优惠档存款准备金率，这样此次降准共计释放长期资金约1.2万亿元。

good news for commodities

https://finance.sina.com.cn/money/bond/market/2021-12-06/doc-ikyakumx2381156.shtml

中国人民银行决定于2021年12月15日下调金融机构存款准备金率0.5个百分点

eg, make 3-4 years profit, another 5-6 years making loss

as long as china not dumping steels to msia, malaysian steel companies should be able to make stable profits.

Steel counters do not get high PE is because their earnings are not stable over past 10 years.

thank you Sslee. That is the worst case scenario which is not likely for airasia to go bankrupt like i said earlier. They might be more private placement. 8% return sound good if share price not performing.

My malaysia portfolio has only one recovering stock namely Airport. As such i will bet small portion for airasia LR and will apply for big excess. After all high risk and high return.

Now china mills export price are high due to duties, shipping costs etc.

Msia steel mills are still exporting to China at RMB 4700++ (southern china like Guandong)... It is still good profit. Going forward, steel price will be stable as China no longer dump its steel...

in conclusion, sslee want to bet some in Airsia LR?

Each RCUIDS will be priced at 75 sen apiece, and come with a seven-year tenure and a profit rate of 8% per year. Each RCUIDS are also convertible to one new AirAsia share on a one-to-one basis.

At the time, AirAsia said it is seeking unconditional and irrevocable written undertakings for a full subscription from co-founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun, as well as their investment vehicles Tune Live Sdn Bhd and Tune Air Sdn Bhd.

https://www.theedgemarkets.com/article/airasias-rights-issue-rcuids-goes-ex-dec-1

You buy 1 LR now you can subsribe for 1 RCUIDS +0.5 free warrant. Check with your re-miser for details and advise

.................................

sinkalan2015 You can only buy the RCUIDS at 75sen if you are the shareholder? What if I’m not? Can I still buy The RCUIDS? The current LR is valued RM0.035. Can I say that if RCUIDS RM0.75 + current LR price RM0.035 is lower than the mother share price which is RM0.81 then it is worth to buy the RCUIDS?

bet some can lah but not big... as there is still risk.

Tony said they will buy all unsubscribed RCUIDS if not mistaken.

you get 8% interest as well...

Unless Airasia goes bankrupt, otherwise is very good bet. The only risk is airasia is currently having negative NTA

Each RCUIDS will be priced at 75 sen apiece, and come with a seven-year tenure and a profit rate of 8% per year. Each RCUIDS are also convertible to one new AirAsia share on a one-to-one basis.

haha can bet some lah on LR, at current price is very very low and buy excess, you get free warrant and chances of losing is very small at 75sen RCUIDS

3 sen LR is a good bet to buy Airasia right with warrant.

https://news.metal.com/newscontent/101675858/SMM:-Supply-Demand-Analysis-and-Price-Forecast-of-China-Silicon-Metal-Market-2021-2022/

"The near-term silicon metal output is unlikely to pick up greatly due to prolonged production cuts in south-west China and de-stocking demand of leading manufacturers by end of the year..

The mainstream prices of silicon metal of 3 and 4 series are likely to move between 30,000 – 40,000 yuan/mt in 2022 amid support from a rapidly expanding downstream sector though the potential power rationing in south-west China and energy consumption control in major producing areas will lead to supply shortage uncertainties in the first half of 2022.."

AYS mkt cap only RM 217m. top 30 shareholders hold close to 60% shares only left RM 86m in the market. Shares can be easily pushed up if they want lah...

today 53 sen is value for money. so far 2 quarters proposed dividend is 3sen, giving yield of 6%, not bad

last month private placement price was 75sen

one of the batches he bought was 70sen..

I believe he bought all the way up from 52sen+...


https://klse.i3investor.com/blogs/koonyewyinblog/2021-11-10-story-h1593754690-How_to_use_margin_finance_to_make_more_profit_Koon_Yew_Yin.jsp

today dropped like this look like someone kena margin call...

yeah yeah. i never say uncle wrong. I just say i am happy to buy at current low price...