Air asia has registered already registered a loss since 2019 before covid already

Cheeseburger..we need to be aware of pump and dump operator..who talked up Air Asia shares but actually it is a loss making company that is in icu burning estimated RM50million per month. All research investment anaylyst said not to buy more than 90 sens and not impress with the unicorn status of start up venture air asia digital that has yet to earn any significant cash contribution to reduce the cash burn rate of RM50million per month

soory typo i estimate at RM50 million cash burn rate per month

Good Citadel...protect your capital from capital destruction betting on Air Asia to recover from huge debt. every month Air Asia burns approx RM500 million per month!

Fgv diversifying is a good thing

FGV Holdings Bhd aims to capture a 3.5% share of the local fragrant rice market by the end of 2025 under the group's household brand Saji. This would be made possible with the implementation of the Fortified Field Fragrant Rice programme by its subsidiary FGV Integrated Farming Holdings Sdn Bhd, which optimises local fragrant rice paddy farming through smart and effective agricultural practices and technologies. (The Edge)

Aaaa i see

5 gigawatt RE expansion in 2021-2030
TNB also reiterated that it is committed to ensuring security of energy supply, affordability and sustainability, partly with the expansion of reliable and affordable renewable energy (RE) sources.

“In keeping with the government’s RE aspirations and TNB’s journey towards sustainability, TNB is committed to ensuring that the country's long term power generation mix will include 30% of hydropower,” it said.

“The diversification of fuel resources and healthy reserve margin of the system has enabled the power sector to minimise the impact of the shortage in coal supply.

“The 300MW Nenggiri Hydroelectric Project in Gua Musang, Kelantan is a high impact project that will further strengthen the nation’s security of electricity supply, once it is ready in 2026,” it added.

There is still a long way to go for Malaysia’s RE capacity installation. Solar, which makes up 2.3% of total installed capacity as of August 2021, merely produced 1% of power in 1H2021.

Including the Nenggiri hydro project, the government anticipates installing an additional 5,047MW of RE generation that can meet one-fourth of peak demand by the end of this decade.



https://www.theedgemarkets.com/article/tnb-assures-malaysias-coal-inventory-good-position-despite-tightening

FGV price is undervalued despite high CPO price until next year 2022

Gong xi fa chai - hope you get rich with air asia

Buyer beware - caveat emptor..

24.6 billion loss in a quarter..so shocking

What a crazy result 24 billion loss

Yes until then which is a question mark..do not overpay more than 90 sens for air asia stock

Do not overpay more than 90 sens for air asia. Listen to the analyst

The Southeast Asian company as a whole is still not profitable — it lost $800 million in 2020 on an EBITDA basis and projected a $600 million loss for this year, according to regulatory filing.14 Apr 2021

Even grab cannot make money…air asia digital gojek bolehke

Just a startup air asia digital

To add, a unicorn’s valuation has nothing to do with the way they perform financially. Take for example Grab, who, as a whole, is still not a profitable company, though CEO Anthony Tan claims it is profitable in certain verticals. Yet the startup is set to be valued at US$39.6 billion.

For many startups, the billion-dollar valuation will come from investors and sizeable funding rounds, but an acquisition can also boost a company’s status overnight.

Those who overpay air asia better cabut now and come back again below 90 sens

Modern Land is asking investors for more time to pay back a $250 million bond, according to a company filing with the Hong Kong Stock Exchange on Monday. The payment was due October 25. Modern Land said it wants to extend that deadline to the end of January as it seeks to improve "liquidity and cash flow management and to avoid any potential payment default."

The company said in a separate filing that Chairman Zhang Lei and President Zhang Peng intend to provide about 800 million yuan ($124 million) in loans to support the company. Shares in Modern Land fell more than 2% in Hong Kong on Monday. The stock is down 45% this year.

Another developer in china going under cannot pay debt

Dun overpay loss making air asia. Analyst have done their calculation to buy Air Asia lower than 90 sens and they are not easily impressed about air asia digital that hs yet to generate a billion ringgit sale

Many airlines are aggressively trying to rehire pilots as well as cabin crew and ground staff, but that’s not been a simple process and some jobs are left unfilled. Careers in the industry no longer look as secure as before.

Majority Analyst from research house valued Air Asia less than RM1.00

Air asia digital business is still at an infant stage and already TF hyping it as a cash cow for Air Asia……dun overpay for air asia share.

But its finances may not be steady enough to fuel his ambitions. Hit by a price war and the plunge in air travel, the company incurred net losses for seven straight three-month periods from the third quarter of 2019 through 2021's first quarter.

It sank into negative net worth in the third quarter of 2020, with its net liabilities exceeding 4.1 billion ringgit ($987 million) as of the end of March. With a Malaysian lockdown in June as well as rising coronavirus cases in Thailand and Indonesia, the carrier is expected to report this month a deep loss for the second quarter.

Like a sinking ship air asia is burning cash

With interest

500million still need to be paid back

Govt jadi guarantor ajer to get RM500million to support Air Asia. Air Asia use the danajamin guarantor to apply more loan from banks

Does Danajamin provide financing?
No, Danajamin does not provide any financing or credit facilities. Companies are advised to get in touch with their respective Eligible Financial Institutions (“EFIs”) for any financing or credit facilities matters.

Air asia is sick icu stage 5

TA Research said it raised its FY21 loss projection to RM1.8bil from RM1.6bil previously after a reduction in flight capacity of each operating unit to factor in the prolonged travel restrictions.

It also cut FY22 earnings lower to RM283mil from RM564mil previously as it believed Malaysia’s international borders would only be reopened in the first half of 2022.

It maintains its “buy’’ call with a lower target price of RM1.08 from RM1.18 previously.

This means that AirAsia has about five months to address the shortfall of RM6.6bil.

CGS-CIMB pointed out the need for AirAsia to shore up its shareholder’s funds to avoid falling into the Practice Note 17 (PN17) category by January 2022.

“Companies like AirAsia, where its auditor has expressed ‘material uncertainty’ regarding going concern in its audit opinion for FY20, will need to demonstrate positive shareholders’ funds of at least half of its paid-up share capital to avoid being classified as PN17,’’ it said.

Nice

Toll money coming soon Q4 2021 - just nice when interstate travelling is allowed

buy, add and hold for life...pass to your children

Pent Up demand...this weekend will be an orgy of mall retail spending

PARKSON, which is involved in the operation of a chain of department stores with a geographical presence in Malaysia, Vietnam, Indonesia and China, is a post-pandemic recovery play following the gradual relaxation of strict Covid-19-related lockdowns. The resumption of consumer spending, to be further boosted by pent-up demand and year-end spending, should bode well for the group.

Parkson recovery stock…saw more people in Parkson yesterday and more will do shopping this weekend

So many cars on the road

Offer 4.55 also minority dun want to sell ma

Right now FELDA just support laaa FGV- no need to proboke proboke

Felda was required to obtain 90% of the shares it did not own from the acceptance of its takeover offer in order to trigger a compulsory share acquisition and to take the listed company private.

This means that the authority will need to have acceptance from shareholders who collectively hold 1.626 billion FGV shares and that will translate into a 95% shareholding, or approximately 3.46 billion shares in the plantation giant.

In the filing, FGV said that Felda, together with the persons acting in concert, held 2.955 billion shares representing a 80.99% stake in FGV as at 5pm today. Felda also received 455,800 shares or 0.1% from shareholders who accepted the takeover offer.

Following the unsuccessful attempt, Felda will now have to address the minimum requirement on public shareholding spread at FGV. Bursa Malaysia requires a public shareholding spread of 25%, as opposed to 19% in FGV currently.

Felda's takeover offer values FGV at RM4.74 billion or RM1.30 per share — a 71.43% discount to its 2012 initial public offering price of RM4.55 per share.

The offer, which was first announced on Dec 7, 2020 and turned unconditional on Dec 23, saw its deadline postponed three times from the original Feb 2 to March 15.

Felda's attempt to take over FGV came at the heels of plans by Felda to terminate its land lease agreement (LLA) with the latter. Under the LLA, FGV leases 350,000ha of plantation land for RM248 million per annum plus 15% profit for a 99-year period. The termination could cost Felda around RM4 billion, according to analysts.

The lower-than-expected profit earned by Felda from the LLA was one of several issues sought to be addressed by the government in the body, following a review by a special task force last year.

What is next for FGV?
The cold shoulder that Felda received from FGV minorities is seen as an indication that the offer price of RM1.30 per share was not that attractive, especially against the back of strong crude palm oil prices. The three-month futures exceeded RM4,000 to RM4,138 on Monday.

It appears that Felda will be back to the drawing board. Will the termination of LLA materialise? If so, will FGV be compensated accordingly?

More importantly, the revamp of FGV seems to have been disrupted by the privatisation exercise, said some analysts. It would be crucial to know what Felda has in the pipeline to rejuvenate the plantation group.


Furthermore, tycoon Tan Sri Syed Mokhtar Albukhary's investment vehicle Perspective Land (M) Sdn Bhd had expressed interest in injecting assets into FGV through a share swap exercise.

However, FGV on March 8 said it was not pursuing the offer, in view of Felda's takeover bid.

Adding a new twist to the slew of events at FGV, the strong rebound of MSM Malaysia Holdings Bhd's share price has fanned speculations about a major corporate exercise brewing at the sugar refinery, in which FGV controls a 51% stake, while Felda owns a 9.43% stake.

KUALA LUMPUR (March 15): The Federal Land Development Authority (Felda) has failed in its bid to take FGV Holdings Bhd private at RM1.30 per share.

This begs the question of what Felda's alternative plan is since it could not wholly own the plantation group.

Felda only obtained 81% equity interest in the plantation group as the offer closed at 5pm on Monday, according to a filing with Bursa Malaysia.

Talent will alwys be moving in and out…azrb is not serba dinamik as their business is more transparent/straightfowrd than serba dinamik

So far i have made money from having more trading wins and receive dividend income

2.5 billion needed to stay afloat.. mana nak cekau duit tu