Posted by enigmatic [bamboo investing style] > 5 days ago | Report Abuse

CAPITALA is a sleeping giant. Once awakened, it won't linger below RM1.

The Airasia group has expanded its business beyond airlines, but Mr. Market is too fixated on its current status of PN17 and lease liabilities to recognise its value. Cashflow had been positive in recentmost quarter too.

CAPITALA is one of Malaysia's success stories and should be worth more than its current market cap.

Posted by The_JQuestion > 5 days ago | Report Abuse

patience is needed , already broken once bull will hit two year HIGH . tony already showed u his confidence, letting him buy cheap somemore . HOLD tight !! turbulence is expected but destination is already set :))

Posted by chamlo > 5 days ago | Report Abuse

'I waited like a fool': Wee sees red over AirAsia flight delays
https://www.malaysiakini.com/news/712640

Posted by speakup > 5 days ago | Report Abuse

Wee KS pls naik bot better. no delay

Posted by Sslee > 5 days ago | Report Abuse

Cash flow is positive?

Page 12 of Financial Report: External Auditor Going Concern
Assessment:
Quote, “The group and the Company reported net operating cash flow of RM1,413 million and RM72 million respectively. As at 31 December 2023, the group current liabilities exceed its current assets by RM12,699 million. In addition, as at 31 December 2023, the Group reported a negative shareholders’ funds of RM8,762 million.” unquote

External Auditor if total cash outflows for leases RM2,045 million
under financing activities is moved back to previously recorded within
net cash flow from operating activities what will be FYE2023 net operating cash flow?

Answer:The impact will be the reduction of cash flow from operating activities of the same amount.

Posted by Sslee > 4 days ago | Report Abuse

Do you know what you so called Cashflow had been positive is not even enough to pay the lease payment due?

Posted by Sslee > 4 days ago | Report Abuse

Dear IR,

First and foremost please convey my thanks to the BOD, External Auditor and Company secretary for answering all my send in advance AGM questions.

I had below follow up clarification on the answers given by the External Auditor and BOD. Please send a copy to them for them to prepare the clarification.

Referring Appendix 2 to the Minutes of the 7th AGM ISSUES RAISED BY THE SHAREHOLDERS

Question 4: External Auditor please explain the different FYE 2022 current lease liabilities is RM4,340,844,000 in FYE 2023 why total amount (lease) recognised in profit or loss: RM 2,445,438,000. Payment of lease liabilities in cash flow: RM (2,045,816,000)?

Answer: The FY2022 current lease liabilities include unpaid outstanding lease.
The cash flow in FY2023 represents the actual amount paid by the Group.
The Profit and Loss items relate to interest on lease, depreciation on Right of Use assets and short term lease expense

Question 5: External Auditor what it means by included in lease liabilities are lease rental payables amounting to approximately RM 2,810 million?

Answer: This pertains to the outstanding amounts of lease rental due and payable owing to the lessors that remained unsettled as at 31 December 2023

Question 9: External Auditor, from Sales in advance: RM 2,025,298,000, Proceeds from borrowings: RM 1,273,030,000 yet the Group only managed payment of lease liabilities: RM 2,045,816,000 which is far off the amount of current lease liabilities reported at FYE 2022 RM 4,340,844,000. What happens to the unpaid FYE 2022 current lease liabilities?

Answer: For the due and payable lease payments for FY2022 and prior year, the amount is recorded within trade and other payables in FY2023


Follow up clarification

Question: External auditor, are the answers given on above implied as long as lessors agreed to roll over unpaid lease payment due then the income statement (P&L) accounting recognised only RM 2,445,438,000 (interest on lease, depreciation on Right of Use assets and short term lease expense) instead of the full amount Financial Year Ended 2022 current lease liabilities of RM 4,340,844,000?

Question: Isn’t that distorted the financial income statement and the profit/(loss) for Financial Year Ended 2023?

Posted by AnthonyAng666 > 4 days ago | Report Abuse

Have their IR replied your queries, Sslee?

Posted by Sslee > 4 days ago | Report Abuse

Not yet

Posted by NatsukoMishima > 4 days ago | Report Abuse

https://www.cnbc.com/2024/07/22/ryanair-q1-2024-results-shares-fall-on-lower-fares-fall-in-quarterly-profit.html

Posted by Balian de Ibelin > 3 days ago | Report Abuse

IR job is to give out Diaries, Calendars, red and green angpaus plus miserly discount vouchers. 😁

not to answer questions.

Posted by Pandu1 > 3 days ago | Report Abuse

chamlo. Thats Microsoft problem. D whole world got problem.

Posted by The_JQuestion > 3 days ago | Report Abuse

https://www.nst.com.my/business/corporate/2024/07/1080435/low-cost-airasia-offer-airasia-full-airline-services-subang
SSlee and Sgang , now u dont have to travel all the way... go subang can enjoy full service by ur fav airline Airasia !! Courtesy of ur fav CEO , Stony
Budget airline AirAsia Malaysia (AirAsia) will offer a new service similar to the ones made by full service carriers for its flights out of Sultan Abdul Aziz Shah Airport (SAAS)
WHAT else do u need , all give to u already :)) , u ask he give . U really are so fortunate to enjoy such services , mana cari lagi !

Posted by Mabel > 3 days ago | Report Abuse

https://www.malaymail.com/news/malaysia/2024/07/23/airasias-evacuation-flight-for-malaysians-in-conflict-ridden-bangladesh-safely-lands-in-dhaka-evacuees-waiting-at-airport-to-board/144718

Well done Mabel Airlines..

Meow Meow Meow

Posted by Mabel > 2 days ago | Report Abuse

How many Airlines does not Malaysia has?

Only Capital A can rescue more than 100 Malaysian in Bangladesh...

So proud of this Airlines..

Meow Meow Meow

Posted by Mabel > 2 days ago | Report Abuse

geary CAPITALA Monthly Pivot Points:
S: 0.68.
PIVOT: 0.85.
R1: 1.08.
R2: 1.35.
R3: 1.88.
Patience is the Only Key!
MAs/Oscillators: Neutral going Positive!?
Mr. Market is Unpredictable!
Dis: Trade at your own Risk!
14/07/2024 1:37 PM

Thanks geary...

Today some nice uncles and aunties match Mabel's queue at 82.5 sen

Thank you so much...

Meow

Posted by Mabel > 2 days ago | Report Abuse

Air Asia so brave like Uncle Tony to fly into War Zone to save stranded Malaysia..

Now everyone feel safe...

Air Asia Bolih!

Meow

Posted by Mabel > 2 days ago | Report Abuse

The FKLI Index ended little changed yesterday but the candles continued to trade above its 30-day and 50-day SMAs. Therefore, the upcycle from its Jun 2024 low is still intact. That said, traders should keep an eye on the 1,600 psychological level. If this is breached, more downside may be forthcoming.

Currently KLCI is trading 1622.610...

Meow

Posted by Pandu1 > 2 days ago | Report Abuse

Mabel. Do you remember recently many airlines + Spore got problem with turbulence. Air Asia don't hve that problem right? Why? Cos everybody can fly wo.

Posted by Pandu1 > 2 days ago | Report Abuse

Air Asia is 1 of the safest airlines in d world.

Posted by Mabel > 2 days ago | Report Abuse

Yes lah indeed..

Currently KLCI is trading 1622, so it’s an opportunity to accumulate more Capital A shares. Soon Mabel Airlines Capital A will join her Sister Temasek Scoot Airlines operating from Sultan Abdul Aziz Shah Airport which is the city.

This marks a significant milestone in the airline's history after AirAsia started operations 23 years ago at Subang Airport.

Meow Meow Meow

Posted by Sslee > 2 days ago | Report Abuse

Monday, 22 Jul 2024

PETALING JAYA: After enduring repeated delays of his AirAsia flight from Kota Kinabalu to Sandakan, MCA president Datuk Seri Dr Wee Ka Siong (pic) took the low-cost carrier to task and called for transparency.

“Something very unfortunate happened. I was initially supposed to fly at 3.10pm on Saturday before receiving a notice that it would be delayed to 5.55pm the same day, then to 11.30pm.

“Another notice came, saying that the flight would be delayed to 2.10am on Sunday,” the Ayer Hitam MP recounted in a video uploaded to his Facebook page yesterday.

He added that he later received yet another notice about the changed flight time to 1am on Sunday instead, but when he arrived at the counter, the former transport minister was told that the flight was grounded and its status would only be known at 7am that day.

“Why didn’t you inform us earlier? I even rented a room nearby for some rest owing to the delay and had already checked out as well.

“Tell me what is going on so I can plan my route to Sandakan, instead of letting us just wait around here like fools,” said a visibly upset Dr Wee.

He also stressed the need to be transparent over the flight’s status

Posted by Mabel > 2 days ago | Report Abuse

Dear Datuk Seri

Next time why not try Mabel Scoot Airlines..

Hopefully it can help you in the futures..

Mabel Air Asia was so busy evacuating distress Malaysian stranded at Bangladesh..

Thanks God they are sooo safe now..

Well done Air Asia..

Posted by Mabel > 2 days ago | Report Abuse

AirAsia was among many companies in various sectors hit by a global tech outage on Friday. Cybersecurity firm CrowdStrike has since deployed a fix for the glitch tied to a software update.

Posted by Hoot9ee > 2 days ago | Report Abuse

Still got hope?

Posted by Sslee > 1 day ago | Report Abuse

The going concern of capA is now at the mercy/pleasure of lessors.
What hope does capA has when lessors are squessing Stony' ball for all its worth/juice?

Posted by Mabel > 1 day ago | Report Abuse

PUTRAJAYA: Malaysia is intensifying its efforts to entice visitors from the world’s most populous nation, with arrivals from India hitting an 80% increase this year.

Posted by Mabel > 1 day ago | Report Abuse

Overall, the total receipts from Indian tourists in Q1 2024 amounted to RM1,105.78mil, compared to RM506.12mil in Q1 2023, showcasing a remarkable increase of 118.48%.

These statistics highlight the growing importance of the Indian market to Malaysia’s tourism industry.

Posted by Mabel > 1 day ago | Report Abuse

PETALING JAYA: The nation's tourism sector needs to prepare to capitalise on the estimated RM1 trillion expenditure by Muslim tourists over the next four years, says Khairul Firdaus Akbar Khan.

"With the Muslim tourist market becoming a strong force in global tourism and the Islamic economy, especially with the Muslim population worldwide reaching two billion last year, the demand for Muslim-friendly products and services is growing," the Deputy Tourism, Arts and Culture Minister said during the media launch for the upcoming 4th World Islamic Tourism Conference (WITC) on Thursday (July 18).

Posted by Mabel > 1 day ago | Report Abuse

Wah like this it's going to be an exciting period cuming head...

Posted by stevenckheng > 1 day ago | Report Abuse

total how many loan stocks ?

Posted by Mabel > 1 day ago | Report Abuse

Recovery of the tourism industry: The gradual resumption of global flight capacity and the visa-free travel agreement between China, Malaysia, and Singapore are driving the development of the local tourism industry. According to data from Malaysia Airports Holdings Berhad(MAHB) this week, international passenger traffic in its local airport network is expected to increase by 40% in the first half of 2024, with a total of 45 million passengers in the first half of 2024, reaching 87.9% of pre-pandemic levels in the same period in 2019. MAHB expects this trend to continue to rise in the second half of 2024.

Posted by The_JQuestion > 1 day ago | Report Abuse

yes data already supported good 2nd QR , now reiterate the good position. uptrend ini kali LAH , Q 3 even BETTER with low USD and low fuel price , MAX shooting TAKE OFF LEVEL ! get ready to BLAST OFF !

Posted by paulthesotong > 20 hours ago | Report Abuse

The Beginning
https://newsroom.airasia.com/news/capital-a-2q2024-operating-results

Posted by Sslee > 20 hours ago | Report Abuse

With almost the same passagers carried and load factor as 1st quarter end 31/3/2024.
What make you think Q2 end 31/6/24 will be a good quarter when Q1 is a lose making quarter?

Posted by Anw412 > 19 hours ago | Report Abuse

favorable ticket price, savings on fuel cost, savings on maintenance cost, bigger revenue from teleport & ADE. i think this will improve the bottom line.

Posted by paulthesotong > 14 hours ago | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3467729

Posted by Mabel > 13 hours ago | Report Abuse

It's looking good guys...

Posted by JrWarren > 12 hours ago | Report Abuse

Tony wants to speed up the combination of aviation business, what a good news =)

Posted by The_JQuestion > 11 hours ago | Report Abuse

sslee talking like a newbie , trying real hard to look smart .. HAHA , answer his own nonsense all the time ... such person exist , what service u need more? airasia do IT ALL , value BLE , tony can do it !! turnaround after pn 17?? TONY !

Posted by StartOfTheBull > 10 hours ago | Report Abuse

Ya, like a newbie getting answers from someone who can think flexibly.


Sslee

5,489 posts

Posted by Sslee > 9 hours ago | Report Abuse

With almost the same passagers carried and load factor as 1st quarter end 31/3/2024.
What make you think Q2 end 31/6/24 will be a good quarter when Q1 is a lose making quarter?


Anw412

114 posts

Posted by Anw412 > 8 hours ago | Report Abuse

favorable ticket price, savings on fuel cost, savings on maintenance cost, bigger revenue from teleport & ADE. i think this will improve the bottom line.

Posted by TradingFUN > 9 hours ago | Report Abuse

He thought he was the most smarr guy that asked questions for other to think but he was the most dump guy here. He just wasting everyone time here to answer his nonsense questions.

Posted by TradingFUN > 9 hours ago | Report Abuse

I positve with the move and already taken position. Waiting for the captain to lead us fly high high with loaded pocket

Posted by Sslee > 9 hours ago | Report Abuse

Know what is the current lease liabilities and current trade & other payables in the Balance sheet of capA as at 31/03/2024?

Posted by Sslee > 9 hours ago | Report Abuse

Do you think flexibly or critically before you make a decision?

Critical thinking is the analysis of available facts, evidence, observations, and arguments in order to form a judgement by the application of rational, skeptical, and unbiased analyses and evaluation.

Posted by Mabel > 9 hours ago | Report Abuse

AirAsia’s Tony Fernandes wants Microsoft compensation for the CrowdStrike outage: ‘If I delay my flight, you would come after me for a refund’

The outage hit global airlines particularly hard, disrupting thousands of flights as staff scrambled to get systems back online. Some airlines, like US carrier Delta Air Lines, are still struggling...

Haha Our Captain so steady...

More goodies from Microsoft soon...hihihi

Posted by Anw412 > 8 hours ago | Report Abuse

If u're worried about the lease payments then the lessor must be shitting in their pants rite now.. But somehow they keep giving additional new and used plane to Air Asia & X to fly.. Maybe capacity expansion is the best way for them to recover whatever owed to them.

Posted by StartOfTheBull > 8 hours ago | Report Abuse

I believe everyone knows the risk involved in investment, including in Capital A.
When did SSLee post any positive comments about Capital A? As far as I know, none.

Posted by TradingFUN > 2 hours ago | Report Abuse

@SS Lee. I already studied the financial report and restructuring plan in details.

Only you are the one didn't know what's happening and kept on asking dump questions.
You thought you have critical thinking ? You like those no knowledge that just want to show yourself like an expert. The mote you ask dump questions , it show how brainless you were.

Posted by TradingFUN > 2 hours ago | Report Abuse

I think you not even know what is lease liability and how it was pat. Just keep on thrown your dump question on this. You don't feel shame one ?