When will Lee going to accumulate more of SCIB that was bought at 37c?
Sslee
4,314 posts
Posted by Sslee > 42 minutes ago | Report Abuse
I will start to accumulate Insas again if Insas fall below 90 sen. By the end of 2026 I will have million Insas and waiting for another RPS with free warrants.
By 2027 I will sell the RPS and WD to buy Insas and year 2027 annual report I shall return to the top 30 shareholders list
Looking at the bigger picture of SCIB. New management and how many schools need to rebuild in Sarawak. As long as SCIB concentrate on doing contruction project in Sarawak it will do fine.
By the way why I need to promote SCIB when my holding as soooo small or somone will say just for case study?
Then again even case study this dumbass Mike-tikus is promoting Jaks day and night 24/7/365 for many donkey months non stop.
Mike-tikus even trying to use his other ID to promote capA. He not even know/ understand capA need to consolidate CAPI book into capA book if capA keep CAPI as subsidiary company of capA.
OleOleOle New out of PN17 option without selling AA Aviation business to AAX:
Action 1: Assume excess valuation for each plane of US$3.8mil. Or may be higher! LOL Total 219 air planes yield excess value gain of RM3,821mil (1US$ to RM4.5915)
Action 2: Don't give free CAPI shares to CapA investors, but instead use it to double the goodwill from US listing. Goodwill RM2.36 bil to RM4.72 bil.
Action 3: Make agressive profit target for 2024: RM2 bil net profit after tax. LOL
Action 4: Stop buying new planes for one year. LOL
To get out of PN17: Total Equity Deficit = - 10,469.5 mil (RM) Valuation gain = 3,821.0 mil (RM) US Listing Goodwill = 4,720.0 mil (RM) [Note: No free CAPI share to CapA investors.] 2024 Profit target = 2,000.0 mil (RM) -------------------------------------------------------------- Net Cap-A Equity = 71.5 mil (RM) == 1.7c NAPS 15/03/2024 1:31 AM
Sslee Almost all AA planes are lease planes from lessors. The amount owed to lessors had snowball into Current lease liabiliaties as at: 31/12/2023: 31/12/2022 RM'000: RM'000 5,259,638: 4,440,844
So do you think CapA can make enough cash flow to pay the current lease liabilities of RM 5,259,638,000 in 2024?
By the way if capA do not pay lessors the lease rentals then lessors have the right to take back the lease planes.
Lease liabilities The lease liabilities amounting to RM18.7 billion includes deferred aircraft leases of approximately RM2.3 billion. The lease liabilities are supported by ROU assets of RM12.1billion.
The Group had completed the restructuring of a total of 161 aircraft leases up to the date of this report including the waiver of lease rentals in arrears, as well as reducing future lease rates with a corresponding longer lease term, where necessary, and return of aircraft. 15/03/2024 8:22 AM
Insas will have to write off all debts from hohup, Omesti and microlink. Share still dropping and no cash. All Thong and board screw up. They have no idea how to invest!! Just give shareholders back cash then waste your own money!!!!
Share buyback also a Thong/Board con to try and make shareholders get excited when they know they will not do it. If they buyback and keep in treasury then will not effect shareholder % , only if they cancel shares does it effect. 30 million shares in treasury already.
Can't understand what all the complaint about? If you don't like Insas then no one ask you to buy insas.
By the way Insas can't do SBB because any buying will pushed up Dato' Sri Thong and PAC holding to 33% MGO threshold regardless of whether the SBB shares keep as treasury or for cancellation.
As for me waiting to buy if Insas drop below 90 sen.
If dumbass mike-tikus is so confident on jaks why not he average down his jaks holding cost instead of everyday promoting jaks 24/u/365 non stop hoping suiyee sucker billis buying high from him.
Selling off Insas doesn't mean having lost confidence in Insas. It's playing the investment game wisely against the sharks. There's a time to buy and a time to sell off. This time MrSslee has outplayed the sharks.
Ah Tong bought Insas-WC and wrote in his Ah Tong theedge portfolio Insas is super undervalued thus a lot uncle aunty pakcik makcik who read The Edge paper buy Insas now all trapped.
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Mikecyc
45,527 posts
Posted by Mikecyc > 2024-03-17 08:22 |
Post removed.Why?