Posted by qqq3 > 2019-04-10 12:39 | Report Abuse

MFRS 16 undoes the rational for the sale of planes.

Posted by Jona0724 > 2019-04-10 12:42 | Report Abuse

wonder why CIMB downgrade to TP 1.5 but THEIR warrent C79 issue on 26/Feb exercise price 3.5??? it should be below 1.5??? can CIMB explain on it?

Posted by qqq3 > 2019-04-10 12:44 | Report Abuse

y Jona0724 > Apr 10, 2019 12:42 PM | Report Abuse

wonder why CIMB downgrade to TP 1.5 but THEIR warrent C79 issue on 26/Feb exercise price 3.5??? it should be below 1.5??? can CIMB explain on it?
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per regulation, there is a firewall between research and warrants department.

Posted by Jona0724 > 2019-04-10 13:47 | Report Abuse

qqq3 thank for sharing

Posted by Shinnzaii > 2019-04-10 21:06 | Report Abuse

Has any researcher study MFRS 16 lease exemption for short term lease 12 or less ?below is obtained from lease back agreement for AA

Information on lease arrangements for the SLB Aircrafts are set out below:
No. Terms Details
1. Head lessor : The Purchaser
2. Sub lessor : AACL
3. Intermediate lessor
(relevant for AirAsia
Japan Co. Ltd only)
: Merah Putih 2, Inc.
4. Lessee : AAB and AirAsia Japan Co. Ltd
5. Total aircraft to be
leased
: Four (4) SLB Aircraft
6. 12-month period lease
rental
: USD13.9 million (approximately RM58.2 million)
7. Commencement date of
lease
: Commencement date of the lease of each relevant
SLB Aircraft is on delivery of such SLB Aircraft from
manufacturer
8. Duration of lease : Twelve (12) years from the date of delivery
9. Security deposits : USD1.7 million (approximately RM7.3 million)

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=91647&name=EA_GA_ATTACHMENTS

Posted by Shinnzaii > 2019-04-10 21:09 | Report Abuse

95% call warrant near maturity date cannot make money one...hmmm hmmmm...

Posted by Unfair > 2019-04-12 05:42 | Report Abuse

Issue CW behind downgrade?

Posted by 8888_ > 2019-04-12 05:45 | Report Abuse

EPF fund managers should be sacked buying abv RM 2.5 when TP RM 1.82?

Posted by Shinnzaii > 2019-04-12 05:59 | Report Abuse

Factorrumour...thanks you...haha....I think better to calculate the lease cost when you know how much for 12 years instead of how old the plane...you know it going be liability recognise so can again again how much is the lease cost according to the term

Posted by Shinnzaii > 2019-04-12 06:13 | Report Abuse

Aiyo March champion...you also waiting kah?hehe