CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

0.765

Today's Change

0.00 (0.00%)

Day's Change

0.76 - 0.775

Trading Volume

4,813,400


127 people like this.

167,888 comment(s). Last comment by Mabel 4 hours ago

Sslee

5,926 posts

Posted by Sslee > 2022-01-28 00:16 | Report Abuse

No hurry another one month time the Q4 financial result will be out. So how big will be the losses and the cash burn rate.

Loh Kok Wai W

3,641 posts

Posted by Loh Kok Wai W > 2022-01-28 08:01 | Report Abuse

Right issue caming soon......????

malinfan

698 posts

Posted by malinfan > 2022-01-28 08:44 | Report Abuse

Trade with alert! ... But, better don't touch, later all your hand burn!!!

Goku88

429 posts

Posted by Goku88 > 2022-01-28 09:00 | Report Abuse

CGS-CIMB slashes AA target price to 9 sen, trade with cautions guys
https://focusmalaysia.my/winding-road-out-of-pn17-cgs-cimb-slashes-airasias-target-price-to-9-sen/

CharlieM

100 posts

Posted by CharlieM > 2022-01-28 09:14 | Report Abuse

AirAsia Group records highest quarterly consolidated load factor since pandemic began

https://www.theedgemarkets.com/article/airasia-groups-combined-malaysia-indonesia-philippines-operations-recorded-highest-quarterly

Sw33per

152 posts

Posted by Sw33per > 2022-01-28 09:24 | Report Abuse

Tp 0.10cent

stockpip

202 posts

Posted by stockpip > 2022-01-28 10:56 | Report Abuse

Still want to hold? I have never really seen anything good happened to a PN17 thus far. Maybe one out of the blue moon managed to find a white knight. My advice, cut loss, and wait for better news.

Loh Kok Wai W

3,641 posts

Posted by Loh Kok Wai W > 2022-01-28 11:06 | Report Abuse

better don't buy ...any airlaine counter....

Twowah123

654 posts

Posted by Twowah123 > 2022-01-28 13:29 | Report Abuse

Anyhow still got people buying this shares. Thought that they have lot of money to burn. Kihkihkihkih

Good la for TF and AA still can survive wt investor money...just raised RI, additional listing to survive....wonderfool....wakakakakakk

CharlieM

100 posts

Posted by CharlieM > 2022-01-28 14:46 | Report Abuse

AirAsia changes name to Capital A as it grows beyond an airline

https://www.channelnewsasia.com/business/airasia-changes-name-capital-it-grows-beyond-airline-2465471

Ahboy96

154 posts

Posted by Ahboy96 > 2022-01-28 16:43 | Report Abuse

why air asia keep dropping? i thought that the air travel already open to several country and recently VTL with Singapore...

spammerx

137 posts

Posted by spammerx > 2022-01-29 08:29 | Report Abuse

Capital A or Con AA

CharlieM

100 posts

Posted by CharlieM > 2022-01-29 09:11 | Report Abuse

KUALA LUMPUR (Jan 24): SK Group, South Korea's second largest conglomerate with a market capitalisation of US$177 billion, is looking to expand its reach in the ASEAN financial technology (fintech) space with its investment in BigPay, a Malaysia-based ASEAN fintech company.

https://www.theedgemarkets.com/article/sk-group-plans-expand-asean-fintech-reach-bigpay-investment

Sslee

5,926 posts

Posted by Sslee > 2022-01-29 09:25 | Report Abuse

https://www.theedgemarkets.com/article/capital-not-only-aviation-also-investment-holding-company-aviation-logistics-lifestyle-and

Fielding questions from the media on its Practice Note 17 (PN17) status and how it would affect its liquidity, Fernandes said that the classification is merely an "accounting issue" and does not affect its liquidity by pointing to the RM2.5 billion it managed to raise in 2021.

"I mean, if you look at the PN17 classification, it is purely accounting and in fact, the solution has nothing to do with liquidity.

"That is why I have spoken with Bursa to relook at the rules and clarify the definition of what constitutes PN17, because it is not really clear to the layman.

"PN17 has zero effects on us. We have technically been PN17 for the last two years but for the relief measures.

"We raised RM2.5 billion [in 2021] and we are raising another RM1 billion of capital soon. PN17 was imposed because we did not pay the leasing costs which appear on the profit and loss (P&L) statement.

"By accounting the restructuring, a merger deficit of RM5 billion has been recorded on the P&L. If we take these two things out, we would not be PN17 as the solution to PN17 is accounting as well, because the group has more than enough liquidity.

Sslee

5,926 posts

Posted by Sslee > 2022-01-29 09:30 | Report Abuse

So is Stony delusion or honesty. If liquidity is not the problem then why not refund those wants a refund?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 09:48 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 09:50 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 09:50 |

Post removed.Why?

Sslee

5,926 posts

Posted by Sslee > 2022-01-29 10:33 | Report Abuse

Is that a mad dog barking non stop nearby?
Should I throw a bone to keep the mad dog quiet?

But on second thought MikeCYC actually stands for ..... Silly Mike {Cheat You Crazy} aka Silly Mike {Crazy Yawning Conversations}
thats why whatever conversations aka con posted does not make sense any time every time all the time

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 10:42 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 10:42 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 10:43 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 10:45 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 10:48 |

Post removed.Why?

nuke

349 posts

Posted by nuke > 2022-01-29 10:49 | Report Abuse

To the best of my understanding, company money and private money are two separate things. One can do anything one pleases with one's own money.

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 10:50 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 10:54 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 10:56 |

Post removed.Why?

nuke

349 posts

Posted by nuke > 2022-01-29 11:00 | Report Abuse

The company is probably fighting to survive intact.
Compounding the challenges facing ALL airlines is the current high oil price.

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 11:02 |

Post removed.Why?

i3lurker

13,830 posts

Posted by i3lurker > 2022-01-29 11:38 | Report Abuse

either a Tanjung Rambutan inmate or a Big Liar

////because the group has more than enough liquidity.///

Stony is saying ....................
"Actually I have money
but I REFUSE to refund you any of YOUR money
coz you are little men and little women ... cannot do anything about it.
in the meantime,
I will use your money to lease Tesla
and there is NOTHING you can do about it............
kakakakakakaka...
you stupeeeeed people "




Posted by Sslee > Jan 29, 2022 9:30 AM | Report Abuse

So is Stony delusion or honesty. If liquidity is not the problem then why not refund those wants a refund?

Sslee

5,926 posts

Posted by Sslee > 2022-01-29 11:54 | Report Abuse

A Delusion of Honesty
Jennifer March, MS
Aug 26, 2021

A cloudy lens.
A foggy mirror.

Curious eyes,
all flutter shut.

No truth is seen,
but lies unveiled.

If I do not look,
I cannot see.

Encumbered bodies,
mingle with injured hope.

Our souls are slaves,
to unending movement;

I wish to be set free.

Sslee

5,926 posts

Posted by Sslee > 2022-01-29 11:58 | Report Abuse

How does that make sense?
I would always wave this off as the narcissist being a liar. But how can someone lie so much and seem so adamant about their false reality? There has to be some line that shows the stark difference between lying and what is their truth.
And that’s when I realized that the narcissist is highly delusional. In their world, they truly believe the lies they are sharing. For a narcissist, their lies are not lies to them — their lies are their reality.
Narcissists are trapped in their own world, they cannot see beyond their own delusion.

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 12:02 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 12:06 |

Post removed.Why?

i3lurker

13,830 posts

Posted by i3lurker > 2022-01-29 12:08 | Report Abuse

////because the group has more than enough liquidity.///

Either Capital Ass has the money to refund RM1 billion Refused Refunds or Just Refused Refunds becoz they love to Refused Refunds

its just Two Headed Snake Double Talk

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-29 12:12 |

Post removed.Why?

Posted by weisheng1998 > 2022-01-29 13:05 | Report Abuse

Capital A the new company name sound like want become investment company edy haha

uncensored

2,694 posts

Posted by uncensored > 2022-01-29 13:06 | Report Abuse

AirAsia eyes 1bn flyers by 2026
AirAsia Group aims to connect more than 1 billion passengers in Southeast Asia by 2026 via its aviation unit, which is expected to include a new joint venture airline after restructuring the firm into an investment holding company called Capital A.

Capital A chief executive Tony Fernandes said because AirAsia's load factor and flights in the fourth quarter posted record highs, its furlough policy is expected to be terminated by next week.

He said the only challenges are border reopenings and restrictions in other countries.

However, Mr Fernandes said more people realise Omicron is less dangerous than other Covid variants and could become endemic, as is happening in the UK, which was not plausible six months ago.

The airline will bounce back as long as borders are opened, as the domestic market has already returned to pre-Covid levels, he said.

Feedback from flights to Cambodia that recently resumed is positive, said Mr Fernandes.

AirAsia expects to see international flight capacity return to normal by the second or third quarter this year.

"Things are moving in the right direction and we hope that new variants after Omicron will be less deadly so we can get back to what we do best -- aviation," he said.

Mr Fernandes said the aviation group is working on a new joint venture airline with either one or two other carriers in Southeast Asia.

The goal for its airlines in the next five years is to carry more than 1 billion passengers throughout the region with an aircraft utilisation rate of more than 13 hours per day, he said.

AirAsia X, its long-haul affiliate that was recently restructured, is planning routes to London and New York that can cater to both passenger and cargo demand.

The airline plans to announce new long-haul routes in the next six months, said Mr Fernandes.

Yesterday the company announced its name change from AirAsia Group to Capital A. The new name represents a different approach beyond air travel, embracing digitalisation to become a digital travel and lifestyle company, he said.

Airline operation remains under AirAsia to capitalise on established brand recognition across Asia. Capital A caters to more digital businesses, including logistics, financial services and engineering to increase the share from non-airline revenue to 50% by 2026, said Mr Fernandes.

He said AirAsia aims to allow everyone to fly, connecting new destinations and the underserved.

"We are continuing my dream to create a company for everyone," said Mr Fernandes.

https://www.bangkokpost.com/business/2255379/airasia-eyes-1bn-flyers-by-2026

uncensored

2,694 posts

Posted by uncensored > 2022-01-29 13:47 | Report Abuse

AirAsia India curtails flights till Feb 10 as third wave impacts demand
Domestic traffic has shrunk 38% in first three weeks of Jan, forcing airlines to adjust schedules. Overall industry-wide number of daily departures down to 1,600-1,800 from over 2,500 last month

AirAsia India is curtailing its flights till February 10 as the third wave of pandemic has hit the travel demand, the airline said in a statement on Sunday. This includes all its daily flights to/from Mumbai, it is learnt.

Domestic traffic has shrunk nearly 38 per cent in the first three weeks of January forcing airlines to adjust schedules. Overall industry wide number of daily departures too is down to 1600-1800 from over 2500 last month.


The airline does not park any of its aircraft in Mumbai and thus operations are also impacted due to cancellation between two other cities.

“Due to a surge in Omicron cases, immediate demand for flights has been significantly impacted. We have consequently curtailed our schedule till February 10 to avoid inconveniencing our guests with last-minute flight cancellations. We continue to closely monitor demand and look forward to a quick recovery,” the airline said.

https://www.business-standard.com/article/companies/airasia-india-curtails-flights-till-feb-10-as-third-wave-impacts-demand-122012300803_1.html

themeg

319 posts

Posted by themeg > 2022-01-30 01:00 | Report Abuse

REFUND. TP 1 cents.

newbie1111

1,842 posts

Posted by newbie1111 > 2022-01-30 09:03 | Report Abuse

The way Tony talks now is that this company not longer have focus will try every trendy business out there to try justify more investment

bish_bish

223 posts

Posted by bish_bish > 2022-01-30 11:47 | Report Abuse

Gong Xi Fa Cai (恭喜发财)

DickyMee

757 posts

Posted by DickyMee > 2022-01-30 15:45 | Report Abuse

AA need to go up 100% and price will be RM1.16, then those who earlier bought high can breakeven.

i3lurker

13,830 posts

Posted by i3lurker > 2022-01-30 21:21 | Report Abuse

no company had ever been successful doing this.
This is called a conglomerate, greed means can do.

Greed always fails. => Refused Refunds is also part of the greed manifesto.
[I am not refunding your money coz there is nothing you can do about it]


newbie1111 The way Tony talks now is that this company not longer have focus will try every trendy business out there to try justify more investment
30/01/2022 9:03 AM

spammerx

137 posts

Posted by spammerx > 2022-01-30 21:40 | Report Abuse

Con air

cheeseburger

2,849 posts

Posted by cheeseburger > 2022-01-31 08:13 | Report Abuse

Capital A fight for survival

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