CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

0.745

Today's Change

+0.005 (0.68%)

Day's Change

0.715 - 0.76

Trading Volume

21,535,300


127 people like this.

167,763 comment(s). Last comment by Mabel 2 hours ago

8dragon

2,148 posts

Posted by 8dragon > 2020-07-09 08:09 | Report Abuse

AA should produce it's own brand of face mask and gloves and charge it to their fare at minimum price. This will indirectly contribute to the co earning.....

topglove2

171 posts

Posted by topglove2 > 2020-07-09 08:12 | Report Abuse

As long as airasia buys glove from glove sector, the glove investor must support airasia

JJchan

7,182 posts

Posted by JJchan > 2020-07-09 08:13 | Report Abuse

Iron...Tony should has a "impairment loss" of atleast 3billion in 1Qr results. When External Auditor
"Ernst & Young" didn't see this provision, they wrote to Bursa immediately ( Bursa really react fast)
You see Tony predicament, if he put impairment loss---investor equity is..........!

CoolJay

831 posts

Posted by CoolJay > 2020-07-09 08:17 | Report Abuse

This stock not even worth 70 cents.. why ppl still jumping in lol

Good123

25,231 posts

Posted by Good123 > 2020-07-09 08:18 | Report Abuse

Ada grace period given by bursa. memang pn17. belas kasihan relief given by bursa .Despite the fact that AirAsia Group Bhd has triggered the prescribed criteria of Practice Note 17 (PN17), the airline reassured that it will not be classified as PN17 in line with the PN17 relief measures implemented by Bursa from April 17 this year until June 30, 2021.

Meanwhile, sources said AirAsia is considering raising about RM1 billion through a rights issue and weighing the option of raising additional funds via the sale of stakes in its digital and cargo units in order to further strengthen its financial position.

Good123

25,231 posts

Posted by Good123 > 2020-07-09 08:19 | Report Abuse

shareholders sediakan duit untuk right issue :)...

abcb

2,914 posts

Posted by abcb > 2020-07-09 08:21 | Report Abuse

Now everyone cannot fly to be cautious

HT12 Ang

50 posts

Posted by HT12 Ang > 2020-07-09 08:26 | Report Abuse

Time to buy low!

Posted by Tryingtogetrich > 2020-07-09 08:28 | Report Abuse

Betting against airasia is betting against a vaccine. I support a right issue. Buy low.... cuti cuti Malaysia in airasia..... in a few months cuti cuti di bayar balik dari AA

ocpd

762 posts

Posted by ocpd > 2020-07-09 08:34 | Report Abuse

in a few months all the flights' fares you saved from flying AA instead of premier airlines will go back to TF's pocket

salman

1,554 posts

Posted by salman > 2020-07-09 08:38 | Report Abuse

WARNING BUY!!

Newplayer286

2,654 posts

Posted by Newplayer286 > 2020-07-09 08:40 | Report Abuse

omg still got so many supporters here? later right issue also will take many years to recover if it is dun delist in bursa. this is same like sapura...good luck to u all

ocpd

762 posts

Posted by ocpd > 2020-07-09 08:40 | Report Abuse

rights issues 10 rights to 1 common share ... so if you invest RM10k now, please be ready RM100k for the upcoming 10:1 rights issues.

Good123

25,231 posts

Posted by Good123 > 2020-07-09 08:47 | Report Abuse

1:1 right issue at 50 Sen Saja ? 3.3bil shares AirAsia dapat ~1.7bil

nich0las

2,786 posts

Posted by nich0las > 2020-07-09 08:48 | Report Abuse

Now everyone can jump! Jump fr Plane.....

Baby Shark

5,913 posts

Posted by Baby Shark > 2020-07-09 08:49 | Report Abuse

Run first.. I agak 40 cent got chance.. will masuk kau kau kau 0.40

Bobii

358 posts

Posted by Bobii > 2020-07-09 08:53 | Report Abuse

It's funny still many support AA. AA fans don't know how to read balance sheet and only support blindly. Anyway it's your money haha

syazmat

53 posts

Posted by syazmat > 2020-07-09 08:55 | Report Abuse

So runnnnn 15K shares goner. haha

abang_misai

2,550 posts

Posted by abang_misai > 2020-07-09 08:55 | Report Abuse

Today will be the selling from those who bought yesterday. Why they bought yesterday? Because they thought of pocketing fast money by unloading before closing. Haha

KL Liew

514 posts

Posted by KL Liew > 2020-07-09 08:56 | Report Abuse

8/7/2020 Aminvest give TP 0.410

KL Liew

514 posts

Posted by KL Liew > 2020-07-09 08:56 | Report Abuse

for me i wait 0.300 just buy lol

abang_misai

2,550 posts

Posted by abang_misai > 2020-07-09 08:56 | Report Abuse

AA pushed up after 2.30pm yesterday and many saw hopes of making fast money by jumping into AA. Now they realised that they are being trapped and will desperately get out today. The same will be repeated tomorrow.

Good123

25,231 posts

Posted by Good123 > 2020-07-09 08:57 | Report Abuse

40.5sen queue to sell now pun Ada :)

abang_misai

2,550 posts

Posted by abang_misai > 2020-07-09 08:58 | Report Abuse

That simply means they want to get out at any cost


Good123 40.5sen queue to sell now pun Ada :)

ocpd

762 posts

Posted by ocpd > 2020-07-09 08:59 | Report Abuse

@Bobii it is very obvious those who support AA will forever remain poor and can only afford to fly AA, you can see the vicious cycle?

sharonchok

261 posts

Posted by sharonchok > 2020-07-09 09:00 | Report Abuse

40.5sen queue to sell now pun Ada :)Not the case lah

Baby Shark

5,913 posts

Posted by Baby Shark > 2020-07-09 09:01 | Report Abuse

Wah early morning lau.. dangerous

topglove2

171 posts

Posted by topglove2 > 2020-07-09 09:02 | Report Abuse

Just selling 100 shares in topglove can buy you 2000 shares in airasia at today's price. we must support our new glove customer !

ocpd

762 posts

Posted by ocpd > 2020-07-09 09:03 | Report Abuse

@everyone don't support AA, let it die as we as consumers deserve better than the never ending abuse of AA while it was prosperous. Believe me another new and better airline will emerge after AA bites the dust!

Good123

25,231 posts

Posted by Good123 > 2020-07-09 09:03 | Report Abuse

pn17 confirmed tapi given relief period till next June 21 :)

Good123

25,231 posts

Posted by Good123 > 2020-07-09 09:04 | Report Abuse

be cool :) investors takda duit untuk right issue Akan close position

Panorama1

971 posts

Posted by Panorama1 > 2020-07-09 09:06 | Report Abuse

Simple decision. Implications of PN17 will require immediate loan and rights issue. Shareholders unwilling to take up the rights issue will face significant dilution. Those taking up the rights will be doubling up on investment risks. You decide.

topglove2

171 posts

Posted by topglove2 > 2020-07-09 09:07 | Report Abuse

i will sell small portion of my glove investment to support airasia rights !

Baby Shark

5,913 posts

Posted by Baby Shark > 2020-07-09 09:08 | Report Abuse

Huh.. lucky ran half 0.695

Bobii

358 posts

Posted by Bobii > 2020-07-09 09:10 | Report Abuse

Use some logic guys, you guys now confirm rugi because of right issue. 100% lose rate. Just wait after right issue at least got a small chance to earn.

Bobii

358 posts

Posted by Bobii > 2020-07-09 09:10 | Report Abuse

Use some brain please. Don't keep shouting about AA and TF and think he is god.

Bobii

358 posts

Posted by Bobii > 2020-07-09 09:11 | Report Abuse

Still remember the bribery case? AA investors really easy target

davidkkw79

5,068 posts

Posted by davidkkw79 > 2020-07-09 09:13 | Report Abuse

really no hope liao

hello

1,417 posts

Posted by hello > 2020-07-09 09:15 | Report Abuse

Hahaha.. .many of you are happy now because price down 3 sen! Slowly wait until 0.41. Ok?

hello

1,417 posts

Posted by hello > 2020-07-09 09:16 | Report Abuse

I only like to blow water here f.o.c. No money to buy how to sell?

CoolJay

831 posts

Posted by CoolJay > 2020-07-09 09:16 | Report Abuse

today maybe close near to 61 cents

Posted by BornToSpeculate > 2020-07-09 09:16 | Report Abuse

Last time they make a meaningful profit was Sept 2018. It just shows what kind of management you got. The boss takes 500m in airbus bribes instead of saving the company this money and company doesnt have good results after Sept 2018. For a company this size, you cant say he didnt foresee this potential going concern issue with auditors when everyone knew what happened to oil prices. He even delayed reporting financials by 1 month for Q1 and still bad result.

As an investor, I think this is incompetence. I think SK Network might change their mind on investing a small portion. I think that banks would be worried to lend them anything with this negative auditor red flag. If your currently holding the share, you have to prepare that a rights issue will eventually come.

Its not that the business is not viable, its the management.

ocpd

762 posts

Posted by ocpd > 2020-07-09 09:18 | Report Abuse

@everyone let me tell you why AA is the worst airline in the world:

1) Always yell at passengers like they are cattle
2) 90% of their flights are delayed
3) Cancel flights last minute without compensation
4) Crappy websites upselling you car rentals, hotels & insurances
5) Charge you convenient fees for using credit cards
6) Burn your flight ticket if you book wrongly even just 5 mins ago
7) Cram their seats to maximize profit
8) Won't refund you cash, only refund you credits
9) Hire very rude customer services and cabin crew
10) Never pick up their customer service hotline
11) Have to walk 30 mins to their gates
12) Crappy and confusing mobile app

You deserve better budget airlines after AA dies!

JJchan

7,182 posts

Posted by JJchan > 2020-07-09 09:18 | Report Abuse

even a vaccine suddenly appear tomolo, it is Not going to change AA financial position. AA already
burnt most of its Cash in 2nd Qr (june already gone) AA didn't Cut staff in 1stQr (big mistake).
A vaccine is not sure cure, you have to wait another 3 months to know the results. After 60years
only measles vaccine works 100%, the rest of vaccine like Flu is from 40--70% effective, this the
reason 50,000 americans Died every year from winter Flu

Bobii

358 posts

Posted by Bobii > 2020-07-09 09:20 | Report Abuse

Even the right issue success, the money raised are just going to be burnt away due to this virus. I don't see a reason to subscribe as well.

DChosen2

456 posts

Posted by DChosen2 > 2020-07-09 09:21 | Report Abuse

Come back next week, this week sure no show for buyer. Hehe

ocpd

762 posts

Posted by ocpd > 2020-07-09 09:22 | Report Abuse

@JJChan not only that ppl in the scientific community already know we don't have the materials and capacity to manufacture 1 billion vaccines at the moment. So i don't think Malaysians will be the first in line to receive vaccines at the moment.

Bobii

358 posts

Posted by Bobii > 2020-07-09 09:22 | Report Abuse

This business will not be profitable any time soon even until a vaccine is found. Study says it will take more than a year to produce enough vaccine to get herd immunity.

I just really don't see why people keep syiok sendiri on AA

Posted by mastertrader > 2020-07-09 09:22 | Report Abuse

towards 0.60..

Bobii

358 posts

Posted by Bobii > 2020-07-09 09:23 | Report Abuse

Maybe you all need to learn how to read basic balance sheet. Facts are all there. The liability is so crazy high. They won't have enough cash flow to cover the short term debt already

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