Posted by hglee101 > 2022-02-04 09:49 | Report Abuse

Buy airasia to burn your money faster

Posted by Jerichomy > 2022-02-04 10:19 | Report Abuse

Yup sslee is alwiz correct

Posted by Vicky > 2022-02-04 10:23 | Report Abuse

Avoid PN17 company if possible. At the end of tunnel see more darkness than light

Posted by Mikecyc > 2022-02-04 10:30 |

Post removed.Why?

Posted by Mikecyc > 2022-02-04 10:31 | Report Abuse

Haha pity loh posted so much .. as chinese tradition .. visit n stay with yr parents during CNY ...

Posted by Mikecyc > 2022-02-04 10:32 | Report Abuse

Haha esp yr mmom is just recover from icu ...

Posted by Mikecyc > 2022-02-04 10:33 |

Post removed.Why?

Posted by Mikecyc > 2022-02-04 10:34 | Report Abuse

Haha yr abg whom dump u in insas shl give u a bone with aka id ... lets see who aka id ...

Posted by Mikecyc > 2022-02-04 10:36 | Report Abuse

Haha why sslee thanks me on MMC ? mine Zelan with mother MMC oredi cut win ...

Posted by Mikecyc > 2022-02-04 10:37 | Report Abuse

Haha sslee follow my PA case study since Jan 2021 .. oredi cut win loh ...

Posted by Mikecyc > 2022-02-04 10:41 |

Post removed.Why?

Posted by Mikecyc > 2022-02-04 10:43 | Report Abuse

Haha sslee why ah yr abg stockraider thanks me on Zhulian which i highlighted at 1.30 ... each yr received 9 % dividend ... better than Insas dividend less than 3 % ...

Posted by Mikecyc > 2022-02-04 10:47 | Report Abuse

Haha sssleee u trap in Insas ke .. 1st post 83 sen then posted 2nd post 88 sen saying is averaging down .. after i exposed this lie .. own deleted these 2 posts ..

88 sen ard volume 1.6 million share.. now said is 2.4 million share , averaging up to above 90 sen ke ...

Posted by Mikecyc > 2022-02-04 10:47 | Report Abuse

haha pity loh stockraider dump Insas , dump u ...

Posted by Mikecyc > 2022-02-04 10:50 |

Post removed.Why?

Posted by Mikecyc > 2022-02-04 10:51 | Report Abuse

Haha btw how is yr pick ranhill ? still trap ke ..

Posted by Mikecyc > 2022-02-04 10:52 |

Post removed.Why?

Posted by Mikecyc > 2022-02-04 10:56 | Report Abuse

Haha pretender le why ah posted in Insas last month said sold all Tunepro after 2 years ? why tell lie ? worry to expose aka id Good123 n Victor Yong whom posted in Netx n Pasukhas , will own deleted posts also ..

Posted by Mikecyc > 2022-02-04 11:10 |

Post removed.Why?

Posted by DickyMee > 2022-02-04 12:15 |

Post removed.Why?

Posted by Sslee > 2022-02-04 13:17 | Report Abuse

Know how much money Capital A need to inject into the recapitalisation of AAV?

Thai AirAsia parent completes $425mn recapitalisation
24.01.2022 - 00:41 UTC
Asia Aviation Public Limited Company (AAV), majority owner of Thai AirAsia (FD, Bangkok Don Mueang), has completed a THB14 billion baht (USD424 million) recapitalisation that has seen AirAsia Aviation Limited (AAA) become the company's largest shareholder.

The Thai holding executed the recapitalisation in three stages. On December 14, it allocated over 5 million new shares in a private placement, raising THB8.8 billion (USD267 million) in the process. According to a stock market filing, the bulk of the shares (4.46 million) was allocated to AirAsia Aviation Limited, the parent holding of all AirAsia Group-branded airlines, giving the Malaysian group a 45.12% stake in the Thai holding. The remaining shares were allocated to six individual Thai investors, who were previously not shareholders in AAV. Pitharn Ongkosit became a 3.7%-shareholder in the holding while Palin Lojanagosin obtained a 1.5% stake. The remaining five shareholders hold a 0.1% stake each.

Subsequently, on January 18, the Thai holding issued 1.7 million new shares worth THB3 billion (USD91 million) to existing shareholders (including those that became investors in...
04/02/2022 1:16 PM

Posted by uncensored > 2022-02-04 14:13 | Report Abuse

AirAsia said to be eyeing Raya Airways acquisition
AIRASIA Group Bhd, which is looking to scale up its logistics business Teleport to take advantage of the booming air cargo market, has approached prominent businessman Datuk Ishak Ismail, whose family controls Raya Airways Sdn Bhd, to buy the air cargo carrier, according to people familiar with the matter.

However, the conversations are in the early stages and may not materialise into a deal. Also, The Edge learns that top executives at Raya Airways are not keen to sell the air cargo carrier as they plan to take it through the initial public offering (IPO) route themselves.

When contacted, representatives for Raya Airways say they will refrain from commenting, given the speculative nature of the questions.

Teleport CEO Pete Chareonwongsak tells The Edge that he has no knowledge of any discussions related to news of AirAsia Group’s interest in Raya Airways.

“This is, however, a sign of our growing investment and relevance in logistics. Teleport has just had its best year in 2021 and is larger and growing faster than we were pre-Covid-19,” he says.

He notes that Teleport’s capital raising is underway. “Our fundraising efforts are in late stage progress and we will announce when we are over the line.”

Teleport is looking to secure about US$50 million (RM209 million) to US$100 million of fresh funds as part of a plan that includes expanding its fleet to six freighters by 2023 and going public in three years.

The boom in air cargo demand has led Teleport to convert several of AirAsia Group’s passenger aircraft into temporary cargo planes, as well as permanently convert two Airbus A320 passenger jets into freighters. In November last year, it partnered with Thailand’s K-Mile Asia to operate a dedicated Boeing 737-800 freighter (737-800F) to serve key markets — including Hong Kong, Shanghai, Chennai, Mumbai and all the major destinations in Southeast Asia — from Thailand.

Teleport nearly tripled its revenue for the third quarter ended Sept 30, 2021 (3QFY2021) to RM157.9 million from RM55.7 million a year ago as it strategically grew its cargo network to establish its presence in the market by operating more charter flights. Teleport made up 53% of AirAsia Group’s overall revenue for 3QFY2021.

Teleport’s improved cargo business, however, was offset by its investment in last-mile delivery services, which at the current expansion stage is still operating at a loss position, it said when announcing its financial results for 3QFY2021 on Nov 22 last year. In November 2021, Teleport completed its acquisition of Delivereat, a Malaysian food delivery platform, for US$9.8 million. The deal valued Teleport at US$300 million.

“Air cargo is one part of our end-to-end logistics, and the industry outlook is good in 2022 as demand from supply chain and e-commerce continues to be strong, while capacity is expected to recover as more borders begin to open,” says Chareonwongsak.

It is worth noting that AirAsia Group was classified as a Practice Note 17 company according to Bursa Malaysia listing rules on Jan 7, and is in the process of formulating a plan to regularise its financial condition.

Air cargo has been a bright spot in a pandemic-battered airline industry. According to the International Air Transport Association, global cargo revenue is expected to rise to a record US$175 billion in 2021 and US$169 billion in 2022. “Economic conditions continue to support air cargo growth, however, supply chain disruptions are slowing growth,” the airline group said in a statement on Jan 11.

Teleport is not the only one making the necessary investments to tap the boom in air cargo. Malaysia Aviation Group Bhd (MAG) has hired Standard Chartered Bank to explore strategic options for MAB Kargo Sdn Bhd (MASkargo), its profitable wholly-owned air cargo unit. “We are looking at having a global reach ... bringing in [a strategic investor] that has a strong network is an option,” MAG group CEO Captain Izham Ismail told The Edge in an interview last month.

Long-haul, low-cost carrier AirAsia X Bhd has also said that it will pivot to the cargo business and is looking at converting a couple of its planes to full freighters.

Fledgling carrier flying high
Sources close to the company say the booming demand for air cargo has provided Raya Airways with the ideal environment to go public. In September last year, online news portal The Vibes, citing sources, reported that Raya Airways had been weighing an IPO.

Companies Commission of Malaysia (SSM) data shows that Raya Airways’ net worth has more than quadrupled in the past five years, to RM102.64 million as at Dec 31, 2020, from RM23.46 million at the end of 2016.

The filing also shows that Raya Airways is wholly-owned by Raya Aviation Holdings Sdn Bhd, which in turn is held in trust by CIMB Islamic Trustee Bhd, with Raya Airways group managing director Mohamad Najib Ishak holding one share.

Posted by uncensored > 2022-02-04 14:14 | Report Abuse

Raya Airways’ and Raya Aviation Holdings’ directors are Mohamad Najib, Siti Nur Aishah Ishak, Mohamad Yusof Ishak — who are the children of Ishak — and Tan Tong Lang is the company secretary.

The air cargo carrier has embarked on an expansion spree in recent years, strengthening its fleet of freighter aircraft, network of routes and employees. With a team of close to 450 staff, the carrier currently has a fleet of three 767-200Fs and one 737-400F and operates scheduled air cargo services into major regional hubs such as China, Indonesia, Singapore, Vietnam and Hong Kong as well as Kota Kinabalu, Kuching and Labuan.

Raya Airways turned a profit in the financial year ended Dec 31, 2019 (FY2019), marking its first time in the black since taking flight in November 1993. In FY2019, the carrier logged a net profit of RM3.02 million, compared with a net loss of RM19.16 million in FY2018, according to SSM filings. Its revenue rose 25% to RM197.61 million from RM158 million in that same period.

In FY2020, Raya Airways’ net profit surged 2,473% year on year to RM77.73 million, while revenue rose 69% y-o-y to RM334.12 million. It has yet to file its financial statements for FY2021 with SSM.

Last Wednesday, Raya Airways chief commercial officer Muhamad Hidayat Rahim said in a statement that the carrier is exploring numerous routes to add to its regional footprint. “In the months ahead, we will be announcing exciting destinations across Asia-Pacific, including within China and other countries. Wherever there are business hubs with robust future prospects, we aim to be there,” he added.

Raya Airways is the restructured entity of Transmile Air Services Sdn Bhd, formerly a wholly-owned subsidiary of Transmile Group Bhd whose RM530 million accounting fraud was the biggest corporate scandal in mid-2007. Transmile Air Services was acquired by Amrul Nizar Anuar Resources Sdn Bhd — in which Ishak was a director — for RM40 million.

https://www.theedgemarkets.com/article/airasia-said-be-eyeing-raya-airways-acquisition

Posted by Mikecyc > 2022-02-04 15:32 |

Post removed.Why?

Posted by Mikecyc > 2022-02-04 15:37 | Report Abuse

Haha why yr master mabell is jail in TR for 2nd time as mati mati promote in SD ...

Posted by alenac > 2022-02-04 16:08 | Report Abuse

Every day 5 sen drop sure hit the bottom soon?

Posted by kyliew > 2022-02-04 16:09 | Report Abuse

7,534 cases reported today

Posted by Mikecyc > 2022-02-04 17:14 |

Post removed.Why?

Posted by Sslee > 2022-02-04 17:59 | Report Abuse

Silly Mike, can you repost any article or some of my comments in Netx to prove that I promoted Next?

Posted by weisheng1998 > 2022-02-04 21:01 | Report Abuse

AA: pi pi (pull up) (pull up), we going to crash and delisted

Posted by alenac > 2022-02-04 21:47 | Report Abuse

11 more months to submit regularisation plans. Looks like more rights and PP.

Posted by i3lurker > 2022-02-04 21:54 | Report Abuse

Silly Mike only knows how to talk Teresa


Posted by Sslee > Feb 4, 2022 5:59 PM | Report Abuse

Silly Mike, can you repost any article or some of my comments in Netx to prove that I promoted Next?

Posted by SinGor > 2022-02-05 10:02 | Report Abuse

The Company has approximately 11 months to submit its regularisation plan to the relevant regulatory
________________________________

Basically nobody knows what is going On in AA { Selling Nasi Lemak, Take-out Co., Taxi Cab }

Posted by SinGor > 2022-02-05 10:03 | Report Abuse

CIMB 4sen TP is not far Off

Posted by kyliew > 2022-02-05 11:25 | Report Abuse

Singapore Covid-19 cases alrdy spike to 13,208 cases, stay safe everyone

Posted by i3lurker > 2022-02-05 13:22 | Report Abuse

Grab deliberately killed off Uber by increasing their payments to drivers so that its way higher than Uber.

Assride deliberately killed off AssRide [another company] by decreasing their payments so that drivers get 30% less than Grab

I still remember when you book Uber, no car will come, just like whats happening to ASSride now [another different company]

Posted by kyliew > 2022-02-05 15:30 | Report Abuse

9117 cases today

Posted by newbie1111 > 2022-02-05 15:07 | Report Abuse

Grab not yet launch price war on AA means that they do not consider it a real threat

Posted by Mikecyc > 2022-02-11 22:28 |

Post removed.Why?

Posted by Mikecyc > 2022-02-06 06:09 |

Post removed.Why?

Posted by Mikecyc > 2022-02-06 06:12 | Report Abuse

Haha recalled ssleee posted the 1st leasing Airplanes figure is so Huge .. included AAX ke ?? twisting facts ke ???

Posted by Mikecyc > 2022-02-06 06:12 | Report Abuse

i3lurker Insas is a pretty shitty share but will not go bankrupt like Serba or Top Glove, at least not yet
11/12/2021 10:51 AM

Posted by Mikecyc > 2022-02-06 06:15 |

Post removed.Why?

Posted by Mikecyc > 2022-02-06 16:38 | Report Abuse

Haha u Loss until cannot afford good food here ke ..so desperate promote Insas until saying TG will be bankrupt .. hahahaha

Posted by Mikecyc > 2022-02-06 06:20 |

Post removed.Why?

Posted by Mikecyc > 2022-02-06 06:22 |

Post removed.Why?

Posted by Sslee > 2022-02-14 09:56 | Report Abuse

Hahahaha,
Silly Mike you may as well say, Sslee and In_Sight promoted AA from RM 1+ to RM 0.575

Posted by i3lurker > 2022-03-14 16:53 | Report Abuse

sslee

thats becoz "silly mike cheat you crazy" had proudly promoted Megan, Transmile, Londbisc, Sumatec and some say Serba also






Posted by Sslee > Feb 6, 2022 8:56 AM | Report Abuse

Hahahaha,
Silly Mike you may as well say, Sslee and In_Sight promoted AA from RM 1+ to RM 0.575

Posted by Sslee > 2022-02-06 09:51 | Report Abuse

Posted by Sslee > Jan 19, 2022 5:38 PM | Report Abuse X

Knowing that Xingquan is accounting fraud but I hold to it and loss 100% because I can afford the loss.

Back then, I was thinking what if who bought from me cannot afford to loss?

Answer: Silly Mike the above is actually for the one who posted his portfolio worth multi-million and wrote article after article to promote Serbadk but sold all before serbadk was suspended.

Posted by uncensored > 2022-02-06 10:00 | Report Abuse

i3lurker & Sslee are same person as Silly Mike ?
HaHaHaHa... in drama there always someone need to act as Villains.
Right ?