2 airlines baru will benefit customers and gov lah. Biar lah good competition. Or else air tickets now are very expensive already 0hhhh, MAS and AA tak tahu kah?
New airline working with a clean slate of balance sheet, unlike AA burden with massive loan. When these new airlines add on debt it would be for capex. AA still borrowing just to stay alive while market shrink
Betul n1111 di bawah. More New Airlines... good for customers lah.
Posted by newbie1111 > Jan 20, 2022 12:47 PM | Report Abuse
New airline working with a clean slate of balance sheet, unlike AA burden with massive loan. When these new airlines add on debt it would be for capex. AA still borrowing just to stay alive while market shrink
Should just fast track it and delist this. Sumatec is going they have finally given up, next Serbadk follow by AAX, AA. Not making any profits for years except losses, why prolong it, just to pay the Directors?
Know what below mean for AA? And can AA decouple the associate as suggested by Maybank IB?
16. Investments in associates As at 30/9/2021: RM million As at 31/12/2020: RM million Cost: Investment 1,087.9 : 1,087.9 Share of results and reserves (576.5) : (545.9) Impairment loss (59.2) : (59.2) 452.2: 482.8
MFRS128 provides that entities discontinue recognising their share of further losses when its share of the losses equals to or exceeds its interest in the associate. Accordingly, the Group has only recognised losses to the extent of its interest in these associates. The unrecognised losses at the reporting date amounted to RM1,174.1 million.
IB ass_u_me that Stony underwear is worth RM2 Billion aka Badwill aka Losswill
some people have no idea what else you can do with RM2 Billion other than buying Stony Losswill underwear.
problem is Stony underwear aka Badwill is not worth 1 sen when companies are making losses
Posted by Sslee > Jan 21, 2022 7:42 AM | Report Abuse
Know what below mean for AA? And can AA decouple the associate as suggested by Maybank IB?
16. Investments in associates As at 30/9/2021: RM million As at 31/12/2020: RM million Cost: Investment 1,087.9 : 1,087.9 Share of results and reserves (576.5) : (545.9) Impairment loss (59.2) : (59.2) 452.2: 482.8
MFRS128 provides that entities discontinue recognising their share of further losses when its share of the losses equals to or exceeds its interest in the associate. Accordingly, the Group has only recognised losses to the extent of its interest in these associates. The unrecognised losses at the reporting date amounted to RM1,174.1 million.
Ass Asia Badwill has no value when more than 1,000,000 Ass Asia customers feel badwill against Ass Asia. This is called Badwill, goodwill no longer exists
Just this Christmas, someone told me he flew to balik kampung this Christmas using MA coz MA will refund tickets. Ass Asia will NOT refund tickets. This is the new Ass Asia Badwill SOP in people's minds
Exactly you have to look after your customers. First thing they teach you in sales is the customer is always right. You can't build a business if you keep loosing your customers! Short term gain of using customers money by not refunding is a long term lost of customers who will never return.
AirAsia X Bhd (AAX) along with AAX Leasing Two Ltd has withdrawm their application to challenge the registration of a UK court judgement by its lessor BOC Aviation Ltd for the airlines to pay US$23.37 million (RM96.84 million). It is understood AAX and AAX Leasing had agreed to pay RM5,000 costs to BOC Aviation. Initially a hearing date was fixed for last October, but that did not proceed.
if Ass Asia operates inside European Union, Stony will be inside Jail now as a convicted criminal rather than using Refund Money to drive around a Tesla.
Stony has underwear kah? Stony to miskin to wearing underwear. Stony no wear underwear. No time to wear underwear. Too busy thinking how to get funds... either get money from RI, private placements, sell Dongeng SuperApe, sell Santan etc. Stony no underwear , mor freedoms to roam. Hahaha
Posted by i3lurker > Jan 21, 2022 8:29 AM | Report Abuse
IB ass_u_me that Stony underwear is worth RM2 Billion aka Badwill aka Losswill
some people have no idea what else you can do with RM2 Billion other than buying Stony Losswill underwear.
problem is Stony underwear aka Badwill is not worth 1 sen when companies are making losses
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....
LALA
5,395 posts
Posted by LALA > 2022-01-20 12:33 | Report Abuse
2 airlines baru will benefit customers and gov lah.
Biar lah good competition. Or else air tickets now are very expensive already 0hhhh, MAS and AA tak tahu kah?