Posted by strattegist > 2021-03-26 17:15 | Report Abuse

closed green... steady

Posted by strattegist > 2021-03-26 17:16 |

Post removed.Why?

Posted by ruby92 > 2021-03-26 17:37 | Report Abuse

Strong hehehehehe

Posted by strattegist > 2021-03-26 17:40 | Report Abuse

yeapppppp ruby92... we have been here together
for quite sometime oredy...

goooooood

Posted by ruby92 > 2021-03-26 19:49 | Report Abuse

Strattegist, haha it just us that fought a lot with haters when AA plunged to 50c before. Now with 90% profit, I just want to watch the show and relax hehe

Posted by strattegist > 2021-03-26 21:35 | Report Abuse

very true ruby92... the best joker still Steady Punpipi laaa...

hahaha...

Posted by limkokthye > 2021-03-26 21:38 | Report Abuse

https://www.bharian.com.my/bisnes/lain-lain/2021/03/800596/1mdb-masih-miliki-hutang-rm323-bilion

Posted by limkokthye > 2021-03-26 21:38 | Report Abuse

tq jibby

Posted by ruby92 > 2021-03-26 22:40 | Report Abuse

Hahaha I miss steady punpipi. Hari hari gaduh dengan dia

Posted by humbleisland > 2021-03-27 10:09 | Report Abuse

TF did a brilliant, brilliant, interview with The Edge, covered in this weekend's The Edge. Salient points (mainly from a funding perspective) as follows:

1. AA looking to raise RM2b to RM2.5b to last till 2023. AA has raised approx. RM500m so far, plus Thai AA will be taking on a RM500m loan. Assuming Danajamin loan is RM1b, that'll be about another RM500m that is required. AA could ultimately raise much more than that.
2. Loans approved by 3 local banks, what's left is for Danajamin to approve.
3. Thai government will be giving Thai AA a loan of approx. RM500m. Thai AA is back to pre-covid levels.
4. Rights issue coming up, looking to raise RM800m to RM1b.
5. Investors being lined up to invest in AA's digital business.
6. Looking at securitising (not selling, know the difference) their data.
7. Aiming to penetrate the Cambodian market.
8. Rumour of AA going into ride-hailing is true. Key target are its passengers who need taxi services at the airport.
9. Cash flow positive in all digital businesses.
10. Not aiming to become a shopee, but concentrating on three key products in terms of online selling - food, cosmetics and fresh food.
11. Keen on digital banking licence, with a focus on serving SMEs instead of man on the street.
12. Biggest prize would be logistics - Teleport.

Hope this is useful to all investors our there. Have a good weekend!

Posted by perx135305 > 2021-03-27 10:46 | Report Abuse

Got link to the interview?

Posted by DickyMe > 2021-03-27 10:52 |

Post removed.Why?

Posted by DickyMe > 2021-03-27 10:55 | Report Abuse

"11. Keen on digital banking licence, with a focus on serving SMEs instead of man on the street."

===================================

Not a good gamble.
Loans will become non-performing and will be huge baggage.

Posted by perx135305 > 2021-03-27 10:57 | Report Abuse

https://www.klsescreener.com/v2/news/view/808067

Posted by AlexT12 > 2021-03-27 11:14 | Report Abuse

What I see is, no sufficient flight per day, and interstate travel still banned. Plus no qr and europe third wave.

Posted by AlexT12 > 2021-03-27 11:16 | Report Abuse

Ceo always talk good about his own company. Mas ceo also say good future ahead. U believe? After change ceo so many time. And kept restructuring.

Posted by newtostocks > 2021-03-27 11:17 | Report Abuse

“(There are) two ways to deal with life, you can put your head in the sand and cry and say life is unfair. Or we can go ahead and do something about it… why waste a crisis? We haven’t wasted this crisis.”
TF on the Edge interview

Posted by AlexT12 > 2021-03-27 11:18 | Report Abuse

Break even don't understand ka, when will break even if no profit and kept expanding business some more.

Posted by perx135305 > 2021-03-27 11:22 | Report Abuse

comparing MAS to AA is such a weak argument

Posted by humbleisland > 2021-03-27 12:04 | Report Abuse

@DickyMe -> all banks have procedures and processes to assess ratings of borrowers etc. before loans are made. Exceptional events like Covid-19 excepted, NPLs are low.

@AlexT12 -> your comments make quite clear you have no ability to assess things even at the most basic level. Obviously no travels now except for business and some other purposes. Its not like AA has not released its Qr results within the allowed timeframe. Plus AA does not operate in Europe nor does it rely on European travellers heavily - they are just icing on the cake. And comparing AA to MAS ... goodness. Seriously low level thinking.

Posted by PatienceIsKey > 2021-03-27 12:19 | Report Abuse

https://www.theedgemarkets.com/article/it-clear-skies-ahead-airasia

Posted by strattegist > 2021-03-27 12:34 |

Post removed.Why?

Posted by DickyMe > 2021-03-27 12:38 | Report Abuse

@ humbleisland

Even with such screening, NPL's do happen.

One NPL could wipe out profit from few loans combined.

Posted by perx135305 > 2021-03-27 13:44 | Report Abuse

I think many people is missing the point here. It's an ecosystem AirAsia is building.

Posted by perx135305 > 2021-03-27 13:44 | Report Abuse

Not delving into 1 or 2 profitable businesses

Posted by perx135305 > 2021-03-27 13:46 | Report Abuse

Why do you think IOS and Android succeeded, whilst other platforms like windows phone, BlackBerry, etc got phased out. It's the ecosystem (that they build) that makes them beat the competition

Posted by ykyew11 > 2021-03-27 14:16 | Report Abuse

https://www.malaysiakini.com/news/568318

Probably RM1b rights issue but don't know when.

Posted by Maxsuper > 2021-03-27 14:47 | Report Abuse

...... more loans..... more shares issued.... more debt.... more PP..... more RI...... just like AAX.....

Posted by ykyew11 > 2021-03-27 14:59 | Report Abuse

@Maxsuper Then why are you here?

Posted by perx135305 > 2021-03-27 15:08 | Report Abuse

ykyew that's 1B loan, not rights issue, huge difference there

Posted by ykyew11 > 2021-03-27 15:17 | Report Abuse

read the article perx135305, not just the headline

Posted by ykyew11 > 2021-03-27 15:18 | Report Abuse

"Mr Fernandes said they are also considering a loan offer from the Thai government via its Exim Bank, besides raising up to RM1 billion through rights issues."

Posted by Johnlee85 > 2021-03-27 15:26 | Report Abuse

https://www.malaysiakini.com/news/568318?utm_source=dlvr.it&utm_medium=facebook

Worst case scenario, enough money to last till 2023

Posted by humbleisland > 2021-03-27 15:32 | Report Abuse

perx, TF said in the interview with The Edge that they are looking at a rights issue to raise about RM800m to RM1b.

I recently thought their Danajamin-linked loan would be sufficient to stave off a rights issue, but looks like it'll be in the region of RM1b as expected. In fact, in Feb this year, after reading the various reports and interviews, I had said in one of my comments that RI is likely needed to raise about RM700m to RM1.2b, so I would like to think that TF/AA is quite consistent in that regard.

Based on a very simplistic back-of-the-envelope calculation, AA has 3,812,190,000 shares outstanding. Based on a 1 for 4 rights issue (1 rights share for 4 ordinary shares) at RM1.00 per share, that will raise approx. RM950m.

Posted by superman777 > 2021-03-27 15:35 | Report Abuse

good , seem like super hot , super value , those alot drama to see

Posted by strattegist > 2021-03-27 15:48 |

Post removed.Why?

Posted by superman777 > 2021-03-27 15:49 | Report Abuse

Pzifer come out with medicine bill to eat soon , end of the year come out , life will be to normal soon , at 2024 we no need to wear mask anymore .. Time to buy .. Price will be above 1.5 very fast , the time keep running the price will keep increase too , the more time near 2023 , the price will keep increase for this counter , time = price value now

Posted by perx135305 > 2021-03-27 16:04 | Report Abuse

sorry ykyew and humbleisland. I don't subscribe to Malaysiakini, so I cannot see the entire article, thx for the heads up

Posted by perx135305 > 2021-03-27 16:27 | Report Abuse

Putting things into perspective. 2.5B target. confirmed: 300M (Sabah government) +336M (private placement)

Posted by perx135305 > 2021-03-27 16:29 | Report Abuse

Unconfirmed: 1B (danajamin) +500M (AA Thai loan)

Posted by perx135305 > 2021-03-27 16:31 | Report Abuse

if everything goes well, will be about 300 M short of the 2.5B target

Posted by strattegist > 2021-03-27 18:07 |

Post removed.Why?

Posted by perx135305 > 2021-03-27 18:20 | Report Abuse

Yes relax, if get danajamin, I don't think there will be an immediate need for a right issue, fingers-crossed

Posted by limkokthye > 2021-03-27 20:20 | Report Abuse

pn gov going to keong gan liao

Posted by bigby7 > 2021-03-27 20:41 | Report Abuse

Next week Everyone Can Fly

Posted by PSYdaddy > 2021-03-27 20:53 | Report Abuse

GG ...hopes

Posted by newtostocks > 2021-03-27 21:58 | Report Abuse

Why would danajamin reject a bona fide business request for loan. The alternative will be loss of thousands of jobs.

Posted by Tidus88 > 2021-03-27 22:27 | Report Abuse

You think TF as a Tan Sri can easily go bankrupt? You must be kidding me. Even if really **** up, there are people who is willing to help la. Come on... Stop dreaming bout bankruptcy. If you dislike AA, just go pray for bankruptcy. Chill...

Posted by PatienceIsKey > 2021-03-27 23:16 | Report Abuse

always pray positive... support local AA!

Posted by siduit > 2021-03-28 00:24 | Report Abuse

if Airasia can secure the loan, it means the lender and investor believe in the potential of this company, all these supporting systems will bound this company towards higher than previous.