Well at present, I am incline to believe the TA analyst but who knows time will tell, AAX will likely bear the brunt eventually since majority of the debt comes from aviation, hence the fund raising post disposal. It is mentioned in the interview with Tony that post disposal, Capital A will have little debt, primarily from the $100m for ADE and $35 for Teleport. Main question is whether Bursa will approve lifting PN17 after the disposal or will require Capital A to post profits for 1 or 2 quarters.

A bit rich taking the high chair and calling out others on confirmation bias huh when all you do is criticise AirAsia. The very fact you emailed research houses just because your conclusions differ from the analyst... maybe you should self reflect because you are bias, frankly it is a bit hilarious to see a non CFA holder taking the high chair thinking everything he says is right.

I still want to see you in the AGM raising your questions since that actually benefits shareholders, but I guess you are don't have the guts to do so.

He probably doesn't have the guts to do it, typical for people to put on a brave face online but not in real life

@xiaoeh

Maybe good sharing for the first time, but for the 50th to 100th time, it is spam at least to me

We all already know whatever you are saying hence the current share price, it's public information, we don't need you to tell us to "boycott" whatever counter you dislike like how some segments in Malaysia calling for a boycott to KK Mart because they dislike something.

What investors really want to know are their restructuring plan, valuation on Capital A's aviation arm & how many shares & Cash Cap A will get in, $400m fund raising & relisting plan, $200m revenue bond, further details on SPAC, $30m fund raising for AirAsia MOVE, Teleport fundraising and listing plans for Cap A's digital businesses in the future. We already know their balance sheet is bad in the current state, but people like me are interested in this counter because we are betting that Cap A's management can pull off the restructuring plan and get out of PN17.

I am holding this counter for the long-term, I am not denying it is high risk, sure there might be dilutions in the future as well but if they managed to pull of their restructuring plan and get out of PN17, I won't be surprised if my investments here will be a multiple bagger within the next decade.

That's why if you have any questions, I am recommending you to ask the management during the next AGM. Looking forward to hear your questions in the AGM. Hopefully you can put your skin in the game and don't coward out.

Criticising even during the weekends when no one replied to you? You should give it a rest, we get that you dislike Tony/AirAsia and perhaps want to see them fail based on your prior comments, your words and everyone else's words here don't matter especially in forums like this, but as a shareholder, I encourage you to buy a lot and openly question the management during the next AGM if you want your voice to actually be heard

https://www.bloomberg.com/news/videos/2024-01-18/airasia-group-ceo-tony-fernandes-speaks-with-bloomberg-in-davos

I have been following closely Tony and AirAsia/Capital A Bhd on this and it is clearly not a rights issue for Capital A Bhd. Watch this clip at the 4 min mark, he said that he plans to raise $300m-$400m for the aviation group.

I could be wrong but I think they are planning to raise that money through an IPO for their aviation group in the US and raise $400m based on the interview at the 3min+ mark, I am guessing they are valuing the aviation group somewhere between USD$2b-USD$4b since most IPOs sell about 10%-20% of their shares. That's probably what they meant by "selling equity". If they want to do an ordinary rights issue, why would they engage with Evercore?

"Noble Move" LOL, perhaps changing auditors multiple times is a noble move as well. Surprised that there are still people that place their faith with the management

"A profit margin of 2.666% enough for capA to pay lease and interest payment?"

I don't know, can debts can be restructured? Do lessors and creditors want AA to survive?

@i3lurker Please get help

@Sslee https://www.malaymail.com/news/malaysia/2023/04/18/mag-confirms-injunction-filed-against-airasia-for-unauthorised-sales-of-malaysia-airlines-tickets/65311

Why? Not too surprising in my opinion.

Has anyone verified Liew Kok Leong's educational background? I feel that he might lie about it if he lies about his titles

@SinGor Benyamin Ismail is the CEO of AAX, not Tony

ARB IOT Ltd's last closing price is $1.35, by the time this whole exercise is completed, I won't be surprised if ARB IOT got delisted from NASDAQ lol.

Seems like a last ditch attempt to drive interest into this counter

Change Financial Year End --> Request extension for AGM --> ??? (Probably Auditor Resignation)

Typical shady SOP by ARB Berhad's management

"Nowadays even a qualified and certified CFA IBs Analyst swallow hook, line, and sinker what is presented to them during CapitalA IBs analyst briefing without question ask."

Now you just sound bitter that the analysts didn't share the same negative opinion as yourself.

How do you know what went on during the analyst briefings since you are obviously not invited or did you just made an assumption because they wrote things you didn't like? Give it a rest, your biases are showing.

This counter is different, investors pay "dividends" to the company

You might as well write to other IBs like Maybank IB, Kenanga and Hong Leong IB. Maybank mentioned that "Capital A will soon escape PN17" while Kenanga mentioned "It is on track to announce PN17 regularisation plan by Oct 2023", Hong Leong even increased their Target price from RM1.15 to RM1.45. If the analysts are more or less parroting the same thing, perhaps they have already been given snippets of the regularisation plan during the recent analyst briefing, hence why their outlook are still somewhat positive.

ARB IOT Group Ltd IPO to OTC speedrun? Just after 4 months of listing, it looks like there is a very real chance it will drop below $1 triggering the criteria for delisting. Seems like investors there are catching up on the idea that it is complete BS

@i3lurker
https://trends.google.com/trends/explore?date=today%205-y&q=COVID&hl=en-US
If you look at trends, most people aren't talking about COVID anymore. Here is a quote from a recent Reuters article by Dr Wesley Long: "The vaccine is still going to provide you great defense against illness and death." If you are that worried, walk the talk by putting your money in healthcare/glove counters. I don't see you discussing there

Guys don't feed the troll.... just ignore @i3lurker & @sslee. Seems like the main highlight of their day is spent bickering here day in and day out. Clearly they are bitter about something and have nothing else better to do, successful individuals that I know won't be spending their time like this so just leave them be

Writing this because I can see that you have taken the time to write 1,000s of words solely on Capital A over the weekend

Thanks I guess? But to be frank, none of the opinions here matter in the grand scheme of things, you'd be a fool to think whatever you write will have an effect on the stock price.

Honestly, you would probably be better off by actually researching into the counters you have an interest in investing rather than devoting much of your time arguing with others on this counter since you don't have a stake in the first place, well unless you have an ulterior motive here.

@Sslee "Do I sound like someone who need an ego booster?"

No offense but yes, why would you waste your time first thing in the morning answering back over a stock you are not invested in? Sounds like the people here got into your nerves

Relax, the general public doesn't care about your opinions, neither does it care about the opinions of others here

I think that "some" who think its undervalued is just MarcusBiotech...

Dug up a little and found out that ARB Berhad, Ageson & Annum are under the same office coincidentally

Better sell your shares fast if you haven't already

Imagine the outrage if the exact same thing is said in countries like the UK

Non Christians must be grateful for being given a place here, should just let the whites continue leading the country

"During stock bet : Tunepro 0.45 on 10/3/21 , cut win 0.49 on 12/3/21 after 2 days - Why ? .. Kon sslleee aka Victor Yong aka Good123 in Tunepro since Jun 2020. 



>> Posted in Insas on Jan 2022 that sold Tunepro after 2 years .."

That's why you shouldn't seriously follow these so called gurus in the stock market, especially when they mainly spend/waste their time arguing in forums.

How to be an expert when they waste their time like that?

Honestly I won't be surprised if the next announcement other than the quarterly reports is about the resignation of auditors

Any chance we can vote Liew out in the next AGM? Feels kind of difficult given the number of shares he holds. The current share price doesn't justify him to be there at all, in fact I'd argue Liew is not acting in the best interest of the shareholders.

Even building a decent website is just too much for a so called "IT" company, yet they claim to "get the IT job done". Are they even for real?

They are definitely making a mockery of their shareholders

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3346661

"The suspension shall be effected on the next market day after the Suspension Deadline i.e. on 10 May 2023 and will be lifted on the market day following the announcement/issuance of the outstanding Annual Report 2022 unless otherwise determined by Bursa Securities."

"The Company has approached a total of 16 potential auditors, and majority of the auditors responses were negative due to resources constraints of the respective firms."

When not a single auditor out of the 16 wants to be the auditor, you know something is wrong with the company. I also think "resource constraints" is not the real reason. Real reason is probably because they dodgy af

https://www.arbiotgroup.com/

Look at the logo at the top left lol, I guess they have just enough budget to hire a pre-schooler. Tag line by the company is hilarious as well "We get the IT job Done"

@pang72

Benyamin Ismail want to resign? Haven't heard of this

Yes, I noticed a similar pattern with companies linked to conman Liew like AGES & ANNUM.

1) Resignation/Change in auditors on a yearly basis
2) Frequent rights issue despite record sales
3) Similar board member composition

Coincidence? Please do yourselves a favour by recognising these crooks, if they ever appear in a company you want to invest in, AVOID. If they appear in a company you are investing in, SELL immediately. These 3 companies they have a hand in gives you more than enough insight to how things will possibly turnout.

"I want to hear different points of view." Then honestly you shouldn't be asking someone like sslee since I am pretty sure we all know his stance on AA... unless you just wanted him to agree with you, which makes the whole thing pointless in the first place

Don't waste time asking any armchair experts here, just go ahead and report to the authorities since you seem adamant about it

Ain't nobody stopping you from reporting them to the authorities, go ahead if you sincerely believe it is a ponzi scheme

https://stocktwits.com/Miroslav75/message/524544051
https://stocktwits.com/dododothat/message/524523316

Some of the investors over NASDAQ already figure out that it is BS

Just checked the app and they are still listing MAG and batik flights, now we know who is right. Hopefully the CEOs of MAG and Batik will do their homework in the future before making official statements like that

@newbie8080 Old news already and wasn't this refuted close to a week ago? That's why MAG and Batik senyap senyap already

Anything Liew touches is poisoned, look at the share price performance for ARB Berhad and Ageson from the moment he entered the picture till now.

He needs to go ASAP, all of the board needs to go. How can they justify the share price performance?

The only news we will ever hear from ARB Berhad
1) Rights issue
2) Change of address
3) Change of auditors (Fun fact, they change auditors more frequently than they update their website!)

Terrible IPO as expected, micro-IPOs almost never do well which is why I wonder why the company is in a rush to do it

No thanks. After i-Serve, who want to invest their money in it especially when the owner is Goh Hwan Hua lol, dodgy af

Damn ARB IOT's IR website looks terrible, the design looks like it belongs to a fresher from high school making PowerPoint slides for his next presentation in the late 2000s. What's with the shadow behind the text? What's with the background of the galaxy? What's with the lady wearing a VR set drawing out infinites in the air? What's with the DNA helix sign all over the website lol? What's with the design choice? Looks like WordArt

Who even greenlit this shit?

Honestly they might as well just shut down their website since they haven't change a thing since forever, what a complete joke. I am getting Serba Dinamik vibes from this counter, just look at the other companies related to conman Liew

Guys I think we may have found that analyst @Sslee, no wonder so much time to post la after getting fired hahaha

Does anyone remember CGS-CIMB gave a price target of RM0.09 to Capital A about a year ago lol, wonder why they stopped giving ratings after that

"Been a long long time since American investors came to see AirAsia . Was so impressed by Truffle Hound Capital, LLC . They invested in Capital A and see so much value in what we building. Was amazed that a firm in Maryland knew about us. The moto is to find jewels and undervalued stocks
Truffle Hound Capital, LLC reminded me why USA is always innovating and leading the world . It has so much talent and vision and-entrepreneurial spirit and always innovating. That’s how USA stays ahead."

More to come once PN17 is lifted