To recap, as part of the PN17 relief measures implemented by Bursa Malaysia and the Securities Commission Malaysia, AirAsia was earlier granted an 18-month grace period to be exempted from the PN17 classification, which will due on 7 Jan 2022. The company guided that it is currently engaging the authorities to seek approval for further extension of its grace period.
As at 30/9/2021 AA total equity negative RM 5,903,468,000. What will be the total equity at 31/12/2021?
Lol people are losing focus about the Capital A name change. AirAsia as a brand is not gonna disappear. Just the parent company will change name to give people a better picture of what AirAsia is doing now. Think Google and alphabet; Facebook and meta.
what is the point of glove companies making profit for 10 consecutive quarters, share price still dropping, many dare to buy at RM9 and not daring to buy again at RM2.3 now, why? The problem is not how much a company loses, it is the market sentiment and expectation
AA also share price still dropping, many dare to buy at RM1+ and not daring to buy again at 80 sen now, why? It is also the market sentiment and expectation?
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bish_bish what is the point of glove companies making profit for 10 consecutive quarters, share price still dropping, many dare to buy at RM9 and not daring to buy again at RM2.3 now, why? The problem is not how much a company loses, it is the market sentiment and expectation 04/01/2022 12:37 PM
To be honest, I doubt those veterans invested in CA has much concern about PN17.
Tony and Kamarudin each injected RM250+ millions for new right issue while knowing their company will face or cannot solve PN17 issue and eventually going bankrupt soon? If you think they are dumb, then I prefer to be a dumb with cash RM250 millions. "Unfortunately" also the poker king Stanley Choi is still holding up his potion, he could be another dumb that not running away, maybe he does not read the news AA or CA is facing PN17 issue soon.
Glove is because of sudden big capacity expansion from everyone especially the China glove plants. So supply will be higher than demand and ASP is dropping.
So is AA still the king in the sky? Or already cannot compete with new kids on the block budget airlines coming up in Asia?
AA India and Japan gone. AA Indonesia and Philippines will not be able to compete with local Indonesia and Philippines budget airlines. So Capital A aviation most likely with AA Thai and Malaysia. If Thailand going to have their own budget airline then can AA Thai compete?
Dunno if AA still the king of sky, at least it was still crowned ast World Best Budget Airline for xx CONSECUTIVE years up to 2021.
Mind to shed some lights who are the new kids so daring to join budget airline sector soon in Asia at this moment of time? Interesting to know these new kids daring airline companies and they deserved some reserches.
Budget Airlines in Asia From sources across the web image of AirAsia encrypted-tbn2.gstatic.com AirAsia image of Jetstar en.m.wikipedia.org Jetstar image of Cebu Pacific t1.gstatic.com Cebu Pacific image of IndiGo seekvectorlogo.com IndiGo image of Scoot en.wikipedia.org Scoot image of Lion Air www.heatcon.com Lion Air image of Nok Air www.pinterest.pt Nok Air image of Tiger Airways en.wikipedia.org Tiger Airways image of Jetstar Asia skytraxratings.com Jetstar Asia image of Peach commons.wikimedia.org Peach image of SpiceJet 1000logos.net SpiceJet image of Citilink seekvectorlogo.com Citilink image of Malindo Air logotyp.us Malindo Air image of Orient Thai centreforaviation.com Orient Thai image of Spring Airlines yufengconsulting.com Spring Airlines image of flydubai www.flydubai.com flydubai image of Skymark Airlines en.m.wikipedia.org Skymark Airlines image of HK Express www.hkexpress.com HK Express image of Thai AirAsia www.airasia.com Thai AirAsia image of VietJet Air commons.wikimedia.org VietJet Air image of Air Arabia pt.m.wikipedia.org Air Arabia image of Indonesia AirAsia www.airasia.com Indonesia AirAsia image of Jeju Air commons.wikimedia.org Jeju Air image of Spring Airlines Japan press.jal.co.jp Spring Airlines Japan
Well, Jan 7 is only a few days away. Anyway based on current share price, investors don't seem bullish on AA.
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bish_bish To be honest, I doubt those veterans invested in CA has much concern about PN17.
Tony and Kamarudin each injected RM250+ millions for new right issue while knowing their company will face or cannot solve PN17 issue and eventually going bankrupt soon? If you think they are dumb, then I prefer to be a dumb with cash RM250 millions. "Unfortunately" also the poker king Stanley Choi is still holding up his potion, he could be another dumb that not running away, maybe he does not read the news AA or CA is facing PN17 issue soon. 04/01/2022 1:24 PM
I am unable to see the staged photo-op in AA's Facebook page. The page contains mainly complaints by angry customers who have been denied of their ticket refunds.
And where does the money, that was used to purchase food and necessity, come from? From Tony's pocket or donation boxes.
p.s. Did you ever pass English at the kindergarten level? Or, did you repeat kindergarten for the past 20 years?
Light777 PSAi3alert never see airasia facebook photo airasia t shirt ppl many helping .. giving foods and necessity and help to clean area ..
Without knowledge no people laugh.. but dont know prerend know .. ppl will simle at you and laugh you silently at heart ..
You want to be hater or mas keybaord warriori , also be a smart one la .. 04/01/2022 2:15 AM
You scared me almost falling off from the chair, I checked the today's date several times to ensure I wasn't living in the wrong time horizon. These airlines have been existing for years already, where got so-called new kids "coming up", and which of these airlines are not facing finacial issues to survive like AA
---------------------------------------- Budget Airlines in Asia From sources across the web image of AirAsia encrypted-tbn2.gstatic.com AirAsia image of Jetstar en.m.wikipedia.org Jetstar image of Cebu Pacific t1.gstatic.com Cebu Pacific image of IndiGo seekvectorlogo.com IndiGo image of Scoot en.wikipedia.org Scoot image of Lion Air www.heatcon.com Lion Air
Haha, SSlee, i already warmed the investors here to run when Airasia was above RM 1 but many don't believe as i am one of the naysayers and now the price is 80sen.
However i bet on Airasia loan stock by buying LR at around 2 sen and subscribed to loan stocks as it was very attractive and worth the bet. I have sold all free warrant during first trading day at 22 sen. If i sold my loan stock today, my profit will be around 13.5% (ie 11sen/77sen), a good return. I told readers here i will buy and bet on loan stocks.
A million question : Should i sell my loan stock at 75 sen today and continue to receive 8% interest per year?
Can airasia doing its AAX way to repay its creditors?
Tony needs to have another magic to get Airasia out of PN17. and He has invested heavily on this loan stock.....
Airasia is holding well at 80sen. It is a fair value for now in an efficient mkt whereas if we look at NTA it is worth nothing. There could be something in the company we don't know...
It also has few superapps that can monetize via IPO etc...
AirAsia’s two largest shareholders, Tan Sri Tony Fernandes and Datuk Kamarudin Meranun, have committed to undertake all of their entitlements under the RCUIDS issuance, and are expected to fork out RM257.27 million for the purpose.
Will old fox Tony fork out over RM 250m to invest in a bankrupt company?
Haha ssleee on gloves .. China is expanding from May 2021 6 % to 16 % on Sept 2021, to be 23 % by 1Q 2022 .... Malaysia gloves to be reduce by 7 % from 67 % to 60 % ...
Haha ssleee n raider , why ah Insas is so cash rich company but repeated 6 year ago RI fund raising from minority share holders to pay bridging loan ???
Those who subscribed to RCUIDS, no one ever knew if these 2 rich foxes (TF and KM) would have subcribed or not before the subscription results published, how they based their decision on these 2 foxes decision. Therefore those daring ones who subcribed to RCUIDS deserved a chicken rice after selling their free warrants.
Now we all knew these 2 foxes had fully subcribed, then this fact will supposed be taken as an indicator for all investors to evaluate AA before they act, not limited to only few.
They (insiders) should have plans and strategies to turn around the company, one of which could be they have kow tim the leassors, the biggest creditors of the company. This is pure guess only however.
Yeah it's weird, they should solve their PN17 issue first before talking about overtaking Grab & Gojek. Top Glove also talked about overtaking Maybank.
Grab & Gojek have been burning cash for market share. Hopefully AA has the cash to burn.
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bish_bish AA "boasting" again, overtakng Grab Gojek in 5 years.
It's weird, how come they have 5 years vision while the PN17 issue is imminent.
A traditional company with only 3 billion market cap and desperately trying to stay alive want to fight with tech unicorn like grab and gojek? What is the competitive advantage an airline that are running out money have over well funded tech unicorn in their own turf?
AA is desperate trying to make their business sound like a tech business so they can be value like a tech startup. But everyone else can see this startup is anchored to a airline business that are dragging it down
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jasonor
1,004 posts
Posted by jasonor > 2022-01-04 02:51 | Report Abuse
copy google who changed name to alphabet?