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ilsb | Joined since 2012-09-08

Investing Experience Not Disclosed
Risk Profile Moderate

As a South African living in Japan, www.instagram.com/ilsb/, I am married to a Malaysian husband. I am a practicing cooking in my free time.

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Stock

2021-08-11 18:45 | Report Abuse

Ebo la, MERS, SARS are more deadly than Covid la. Don’t worry la.
I scare of Ebo la, MERS, SARS than Covid.

Stock

2021-08-11 18:34 | Report Abuse

Sir i3lurker and Sir Sslee, both of you are brilliant.

Posted by i3lurker > Aug 11, 2021 6:19 PM | Report Abuse
1 generation [20 years] of adaptation means the 10 to 20% unable to mount any antibodies to covid will no longer be around.
10 to 20% of global population will be culled off.
The babies of the next generation will all contain the DNA to produce covid antibodies from vaccine.
Gerrardo Adaptation will take longer time.
Equal to revolution and also mutation.
For quick win, vaccination still is the best option

Posted by Sslee > Aug 11, 2021 12:41 PM | Report Abuse
Human has always find a way to live with all type of virus, bacterial and etc since time immemorial.
Our body will find a way to adapt/resist/immune this covid virus. It will end as another seasonal flu.
But till then you still need to follow the SOP to prevent spreading the virus and allowed our body to adapt/resist/immune to this virus.
11/08/2021 2:21 PM

Stock

2021-08-10 15:45 | Report Abuse

This apple168, must be a rejected poisoned apple in Tanjung Rambutan Cafeteria dustbin.
Lol.

apple168> Be aware big sharks dumping…
09/08/2021 4:03 PM

Stock

2021-08-10 15:44 | Report Abuse

This apple168, must be a rejected poison apple in Tanjung Rambutan Cafeteria dustbin.
Lol.

apple168> Be aware big sharks dumping…
09/08/2021 4:03 PM

Stock

2021-08-10 11:46 | Report Abuse

Sir Sslee, very good analysis. I salute you to have the guts to tell the truth.

Posted by Sslee > Aug 10, 2021 11:20 AM | Report Abuse

Just a simple question.
AA desperate cash call and begging for bank loan is for what purpose? And how many more quarters of loss making/cash burn are on the pipeline?

Lastly of all the stocks available in Bursa what is the reason you invest in AA with negative equity (PN17) and many more months of cash burn to come?

Stock

2021-08-10 10:08 | Report Abuse

I can’t comment to help anyone here. U have to make your own decisions.

Stock

2021-08-10 09:24 | Report Abuse

‘ I will not forget how Tiny CEO whose company way underperformed, who have treated us badly by implementing LTIS’: Trum.

Stock

2021-08-10 09:23 | Report Abuse

I will not forget how Tiny CEO, who have treated us badly by implementing LTIS’: Trum.

Stock

2021-08-10 09:21 | Report Abuse

Sir PSAi3alert, Tiny AA is under performing and yet Tiny has very very VERY THICK SKIN to ask for LTIS. What kind of Taukeh he is? You all can see his true colour, through his actions of Getting LTIS for himself and his co- partner.

That’s why yesterday I had already sold all my AA shares.


Posted by PSAi3alert > Aug 10, 2021 12:08 AM | Report Abuse

To make a profit or not make a profit. That is not the question.

The question is how fast TF can make money for himself in this crisis.


Q1 2021
Lease liabilities
The lease liabilities amounting to RM12.5 billion includes deferred aircraft leases of approximately
RM1.8 billion
Sales in advance of carriage: RM971.688M

-->> RM1.8B lease payments in default
-->> Lessors can 'tarik kapalterbang'
-->> Refunds will be made soon (since Jan 2020 actually)


14 July 2021
‘I will not forget the lessors who have treated us badly’: AirAsia chief

-->> TF is angry because lessors want lease payments for the aircraft (that AA sold to the lessors in sale and leaseback agreements)


24 June 2021
"AirAsia, he said, also has large amounts of money owed to it, citing the US$200 million (RM800 million) tied up in Airbus. “I like to cancel the order and get my money back..."

-->> The non-refundable deposit with Airbus is TF's money. Not the company's, not passengers' refunds, not lessors.


2 August 2021
"On behalf of the Board, RHB Investment Bank wishes to announce that AAGB has implemented the LTIS with effect from 2 August 2021, being the date on which the Company is in full compliance with Paragraph 6.43(1) of the Listing Requirements."

-->> TF will get his money via free shares

Stock

2021-08-10 09:11 | Report Abuse

Sir PSAi3alert, your post regarding LITS example is very illuminating. Thanks, Sir PSAi3alert. I fully agree with you, Sir PSAi3alert.
Tiny is benefiting himself and his co- founder. Hakkk Puiii.


PSAi3alert>> To make a profit or not make a profit. That is not the question.

The question is how fast TF can make money for himself in this crisis.


2 August 2021
"On behalf of the Board, RHB Investment Bank wishes to announce that AAGB has implemented the LTIS with effect from 2 August 2021, being the date on which the Company is in full compliance with Paragraph 6.43(1) of the Listing Requirements."

-->> TF will get his money via free shares

Stock

2021-08-10 09:08 | Report Abuse

Sir Sslee, your post regarding LITP example is very illuminating. Thanks, Sir Sslee.

Posted by Sslee > Aug 10, 2021 7:39 AM | Report Abuse

A reply from Jaks on LTIP:

Question 3: LTIP committee is it fair to award SGP Grants (Free JRB Shares Grant without any cash consideration) when JRB is short of cash flow and moreover shareholders had not been rewarded with any dividend since 2016?
Reply : Yes it is fair. The share grants were previously given under the LTIP scheme approved by shareholders to eligible employees who have contributed to the Group, and to reward and retain them. The Share Grants also saves the Company’s cashflows instead of paying cash remuneration.

Question 4: When the Share Grant Plan which was approved through the past EGM held in 2016 the NOSH of JRB is 438,361,000 and LTIP 15% of the issued and paid-up share capital 65,754,000. So may I ask, is the Executive director/Management act in conflict of interest to do more PP and RI until today NOSH is 2 billion over so that more LTIP (15% of NOSH) can be granted?
Reply : We have already replied and explained to you numerous times before the AGM and/or during the AGM that previous fund raising were done in the context of the capital intensive nature of the Group’s venture into Power Plant in Vietnam which has since started operation and producing profits. The Executive Directors/ Management are not acting in conflict as the decision to give the Share Grants are determined by the LTIP committee and Remuneration Committee of independent directors. The Fund Raising and the LTIP are not interrelated.

News & Blogs

2021-08-10 00:17 | Report Abuse

How many articles Kyy write about steel?
Better RUN first.
Love your Rm first. Don’t love Kyy lah.

News & Blogs

2021-08-10 00:16 | Report Abuse

How many articles Kyy write about steel?
Better RUN first.

News & Blogs

2021-08-10 00:14 | Report Abuse

You believe in kyy, you bankrupt first


abang_misai >> ini uncle kuat tipu
09/08/2021 9:24 PM

News & Blogs

2021-08-10 00:13 | Report Abuse

You believe in kyy, you bankrupt first


abang_misai >> ini uncle kuat tipu
09/08/2021 9:24 PM

Stock
Stock

2021-08-08 22:49 | Report Abuse

Tuan Sslee,
Your observation s are really spot on.
You are very a smart fellow..

Posted by Sslee > Aug 8, 2021 9:46 PM | Report Abuse

Haha,
In i3 only KYY manipulate Suiyee Sucker Bilis' greed to buy up shares to help him sell high
And manipulate Suiyee Sucker Bilis' fear to sell down shares to help him buy cheap.

The rest still believe in faith, hope, miracle, gambling and etc sold by the Business owner/controlling shareholder/CEO

News & Blogs

2021-08-08 18:11 | Report Abuse

people may not adhered to SOPs strictly during special occasions and festive celebrations.

News & Blogs
News & Blogs

2021-08-08 18:05 | Report Abuse

Motac said tour van permits for Peninsular Malaysia are under the jurisdiction of APAD and the Transport Ministry.

It said any matters involving renovation of these vehicles would be subjected to APAD approval.

News & Blogs

2021-08-08 17:49 | Report Abuse

Protests against Myanmar's military government broke out across the nation on Sunday, the anniversary of the bloody suppression of a 1988 uprising against a previous army junta.

News & Blogs

2021-08-08 17:48 | Report Abuse

the fast diminishing burial space at the Jalan Kubur Muslim cemetery.

News & Blogs

2021-08-08 17:47 | Report Abuse

Sabah’s daily Covid-19 case numbers continue to increase, registering a new high of 1,379 on Sunday (Aug 8).

News & Blogs

2021-08-08 17:46 | Report Abuse

Some 95% of traders have temporarily given up their businesses due to zero visitors since early this year.

News & Blogs

2021-08-08 17:46 | Report Abuse

long-distance married couples who have been fully vaccinated can cross district or state lines to meet each other.

This privilege is also accorded to parents who have been fully vaccinated to visit their children who are below 18 years old.

Stock

2021-08-08 17:38 | Report Abuse

Tuan i3lurker,
your opinion about AA NTA is the same as mine.
As for me, the last straw that broke the camel back is when PSAi3alert said that Tony did these ...

- F words are used on subordinates

- PSAi3alert had personally seen how TF talked to a staff and it's completely different from his public cut-glass British accented persona


Posted by i3lurker > Aug 8, 2021 5:29 PM | Report Abuse

Trum

despite my zero respect for Tony as a human being, I bought and sold Air Asia after Special Dividend as well.

I will ONLY consider buying AA again should NTA becomes above zero.

Though I do think AA NTA become above zero is very very extremely unlikely.
only MA will survive..

Stock

2021-08-08 17:17 | Report Abuse

Tuan i3lurker,

I am so sorry because I don’t know that you are treating your staffs very well. You gave them above average compensation plus a few perks.
I seek for forgiveness from i3lurker for my ill manner towards you.

Posted by i3lurker > Aug 8, 2021 3:59 PM | Report Abuse

the FACTS are very clear.
Tony F_U_C_Ked his own staff and took all the staff money.

Tony make so much money from the blood and sweat of his staff.
He could have paid his staff way higher salaries during good times pre-covid.

Thats very despicable, and thats why people like me and my clients have TOTALLY NO RESPECT for him.

I am NOT a communist but I really believe in a fair salary and that the owner should not take it all himself like Tony.

Stock

2021-08-08 17:14 | Report Abuse

NO WONDER Tiny kena karma now for treating his staffs badly.
I don’t want to be associated with Tiny. Tomorrow Monday, I will sell all my shares here. Full stop. Tony is Tiny now. So sad.

Posted by PSAi3alert > Aug 8, 2021 4:04 PM | Report Abuse

humbleisland,

I'm not an analyst. One of the key measurement of a company's performance is staff happiness.

AA's staff are not happy because:

- pilots have to pay for their meals on board

- pilots get reprimanded for not achieving a 98% flap 3 landings (full flap landing will cost 8kg more of fuel

- top guys get RM400M worth of LTIS free shares despite losing RM972M in fuel speculation

- flights are undertaken without ATC's permission (Surabaya–Singapore route on Sunday)

- F words are used on subordinates

- I have personally seen how TF talked to a staff and it's completely different from his public cut-glass British accented persona

Stock

2021-08-08 17:10 | Report Abuse

Tuan i3lurker,
I am so sorry because I don’t know that you are treating your staffs very well. You gave them above average compensation plus a few perks.
I seek for forgiveness from i3lurker for my ill manner towards you.

Posted by i3lurker > Aug 8, 2021 3:59 PM | Report Abuse

the FACTS are very clear.
Tony F_U_C_Ked his own staff and took all the staff money.

Tony make so much money from the blood and sweat of his staff.
He could have paid his staff way higher salaries during good times pre-covid.

Thats very despicable, and thats why people like me and my clients have TOTALLY NO RESPECT for him.

I am NOT a communist but I really believe in a fair salary and that the owner should not take it all himself like Tony.

Stock

2021-08-08 15:43 | Report Abuse

Tuan Sslee, I agree with your opinion below.

Posted by Sslee > Aug 8, 2021 1:45 PM | Report Abuse

If you want to paham you can read long l9ng story on AA by Choivo.
Publ8c date: 30 Aug 2020.

https://klse.i3investor.com/blogs/PilosopoCapital/2020-08-30-story-h15...

Conclusion
Having said so much, I am reminded of a poem by Theodore Roosevelt.

“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”


At the end of the day, I am a person with the benefit of hindsight, who have never started a business, much less impacted lives in South East Asia the way Tony Fernandes & Kamarudin Meranun had.

Because of them, the low cost carrier model was ignited sooner, and now almost everybody in South East Asia can fly.

Quite frankly, as i was writing this. i wondered if I even have the right to criticize Tony Fernandes & Kamarudin Meranun in the management of Airasia.

Stock

2021-08-08 15:40 | Report Abuse

i3lurker, rubbish lah.
Even some Multi National companies in Msia also don’t give free lunches and long afternoons tea break. Menyampah.

What business are you in as a taukeh???



Posted by i3lurker > Aug 8, 2021 2:37 PM | Report Abuse

sslee



I treat my staff very well.
Good pay higher than Industry average. I make sure its higher.

Everyone gets a free Touch n Go card thats topped up when required with no questions asked how they spend it.

They just need to bring back when empty.
No delays in paying them salary..

All put on weight after working for me just one month...
Everyday for lunch, its fancy Japanese restaurants, Manhattan Fish Market, TGIF, that level of standard.
Esquire Kitchen is considered dieting already.

Long Tea times at 10am 3pm at expensive coffee shops like Coffee Bean, Starbucks, San Francisco for more eat eating makan makan again...

Now no eat in of course no more loh.....its all bungkus on company account..

Thats why I consider myself very VERY VERY qualified to comment on other "so called employers."

Obviously Choivo is NOT QUALIFIED in "anything".
REPEAT => "anything" ... you go figure out what "anything" means

General

2021-08-08 15:04 | Report Abuse

Some things wrong with our Covid control. Very fishy lah.

News & Blogs
News & Blogs

2021-08-08 14:44 | Report Abuse

is upscaling its vaccination rollout plan in effort to achieve the herd immunity

News & Blogs

2021-08-08 14:42 | Report Abuse

Minister in charge of vaccination Khairy Jamaluddin has said that by Aug 31, half the adult population will be fully vaccinated. By the end of October, all adults in Malaysia would have received both doses of the vaccines.

News & Blogs

2021-08-08 14:24 | Report Abuse

to accommodate the rising number of Covid-19 patients.

News & Blogs

2021-08-08 14:22 | Report Abuse

received over 40 submissions from major players

News & Blogs

2021-08-08 14:15 | Report Abuse

the record peak near US$65,000 that was forged in April.

News & Blogs
News & Blogs
News & Blogs
Stock

2021-08-08 12:16 | Report Abuse

A sad story for Tony to Tiny now. When we have no money, people also don’t care company anymore. Market will open new companies every now and then.