CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

0.635

Today's Change

-0.01 (1.55%)

Day's Change

0.635 - 0.65

Trading Volume

6,102,400


118 people like this.

158,243 comment(s). Last comment by Nhamir 6 hours ago

neonstrife

456 posts

Posted by neonstrife > 2022-04-18 14:33 | Report Abuse

KUALA LUMPUR (April 18): As countries continued to reopen following high vaccination rates, senior executives at Capital A Bhd, the holding company for AirAsia Aviation Group, called on governments across Asia to further ease travel restrictions in order to revive the global economy.

In a statement on Monday (April 18), the company said Covid-19 tests required by many countries in Asia, which cost more than some of its airfares, made the overall cost of air travel burdensome for most of the ordinary travellers that it serves.

“We thank the governments in Asean which are finally reopening borders. This is a great first step to revive economic growth.

"With a high percentage of people in Asean fully vaccinated, we believe that it is time to review the onerous deterrents still stifling air travel, including the numerous testing requirements both pre-departure and on arrival, additional paperwork and costly Covid travel insurance,” said Capital A president, commercial, Colin Currie.

According to him, tourism is a major economic contributor and a lifeline for many countries in Asean and beyond.

He said that for Asean as a whole, the tourism sector accounts for 13% of the grouping’s aggregate gross domestic product (GDP), and 6% of total employment. Revival of the tourism sector is thus pivotal to supporting the livelihood of the people.

“The majority of the world is now fully vaccinated and a sizeable portion has also received booster shots. Data in the region also shows that the chance of hospitalisation from Covid-19 for those fully vaccinated is very small,” he added.

Meanwhile, AirAsia Aviation Group group chief executive officer Bo Lingam said it was a sad fact that some of the group’s airfares cost less than the Covid-19 tests required by many countries in Asia, making the overall cost of air travel burdensome for most of the ordinary travellers that it serves.

The testing requirements, including the number and type of tests involved, should constantly be reviewed to ensure that they remain relevant, without burdening travellers or compromising public health, he said.

He noted another key issue faced by air travellers is the additional paperwork and various, unstandardised entry applications required by different countries.

These too should be urgently reviewed as the current processes tend to be duplicative and cause confusion amongst travellers, he added.

“This is on top of the superfluous Covid-19 travel insurance requirement still imposed by many countries and we would like to applaud Singapore, Cambodia, Australia and India for leading the way by doing away with this requirement in order to draw more visitors to their respective countries,” he said.

He said he is also very pleased that countries like Cambodia and India have completely removed testing requirements and reduced paperwork for entry applications, while travellers to Thailand, Indonesia, Vietnam, Singapore, Australia and the Philippines are only required to undertake one Covid-19 test, either pre-departure or on-arrival.

According to him, Malaysia is the only country in Asean that is still requiring two tests, both pre-departure and on-arrival, which he called on the government to urgently review.

“The global recovery in air travel is very much underway. We are happy to note that many countries are already making the journey easier and more tourist-friendly. Countries that persist in trying to lock out the disease instead of managing it, as we do for other diseases, face the risk of missing out on significant economic benefits,” he said.

He said that AirAsia continues to play its part in the revival by looking at ways to make air travel as affordable and hassle-free as possible for its guests, including fully contactless procedures at airports and in the air.

According to him, the group last week announced a partnership with leading local provider Medijaya, to provide more affordable and convenient testing facilities in Malaysia which it hopes to roll out similarly in other destinations soon.

“We will continue to work closely with respective governments, regulators and industry partners across Asia and the Pacific as we work together to reduce the friction of air travel in order to stimulate demand and help revive the economy as a whole,” he said.

At 11.51am Monday, Capital A dropped 0.5 sen or 0.71% to 70 sen, valuing the group at RM2.93 billion.

Year to date, the counter has tumbled 13.58%.

jazmaster

120 posts

Posted by jazmaster > 2022-04-18 15:30 | Report Abuse

Wow, neonstrife. from arb to aa. Anyhow is good to heard that Asean which are finally reopening borders but economic growth is 1 thing- here still we come with another issues - oil price is going to breakout soon and confirm this will make a big impact to Airasia.

jazmaster

120 posts

Posted by jazmaster > 2022-04-18 15:30 | Report Abuse

But also, if capital A get the digital license, all investor still got a big hope to goreng goreng and pull the price up.

DannyArcher

1,249 posts

Posted by DannyArcher > 2022-04-18 15:46 | Report Abuse

will BNM give license to a PN17 company? some say PUC got chance also because genting and sabah gov backing, but their account is very bad.... hmm... PN17 hard lah, if later bankrupt, surely BNM will get blamed.

winetime

358 posts

Posted by winetime > 2022-04-18 16:06 | Report Abuse

I agree also but TF seems confident that next year will making turnover. If I stand at TF position, pull out airline during the time change name to capital A then everything make sense. Tony disappoint many retails, If unable to make it coming 2-3 quarter, slowly slowly not small fish, insti also run.

winetime

358 posts

Posted by winetime > 2022-04-18 16:07 | Report Abuse

Tony at market so long, sure got his own reputation, there are still a chance there.

DannyArcher

1,249 posts

Posted by DannyArcher > 2022-04-19 09:45 | Report Abuse

winetime, TF has been saying this since 2019. put it this way, a good management would not have sold all their planes and give it out as special dividend to the point where AA has almost no cash, in short, TF sucked the company dry due to greed.

Sslee

10,110 posts

Posted by Sslee > 2022-04-19 09:59 | Report Abuse

Very insteresting to read the upcoming 2021 annual report to see whether any institut funds still hold any capitalA shares.

As far as I know institut funds have some restriction on investing in PN17 companies.

bish_bish

165 posts

Posted by bish_bish > 2022-04-19 10:51 | Report Abuse

Okok mom, I heard the alarm, PN17 is coming! Mom!!! Can you buy me a new alarm not with the frog sounds?

https://www.youtube.com/watch?v=0fuqQ3zx8nw

chinaman

3,037 posts

Posted by chinaman > 2022-04-19 10:56 | Report Abuse

Bullshit double standard, pilih bulu, pilih kasih.... PN17 Cap. Ayam bid for digital bank???? wakaka

Sslee

10,110 posts

Posted by Sslee > 2022-04-19 11:26 | Report Abuse

Just wonder why people want to invest in CapitalA, a PN17 company with total equity of negative RM 5,988,663,000 as at 31/12/2021 and Stony already said 2022 will be another loss making year and can only hope to turn around in 2023.

Why not invest in plantation stocks that should report record profit for year 2022?

bish_bish

165 posts

Posted by bish_bish > 2022-04-19 11:39 | Report Abuse

aiya...little brother PUC with 56 staff (2020, Google and Bloomberg say geh) also berani bid for digital banking, apa tak boleh?!!!

Someone even said PUC got chance b'coz it is backed by state gov woh even though their balance sheet is bad, according to EXPERT here, PUC balance sheet is bad but got chance to win, however on the other hand Cap Ayam balance sheet is bad will go bankrupt pulak .

Yeah, you are correct chinaman, the double standard has reached new height, I feel you bro! EXPERT likes to play with their OWN 2 hands, you know la...

bish_bish

165 posts

Posted by bish_bish > 2022-04-19 12:23 | Report Abuse

Only 1 month, cannot tahan already huh? aiyoyo, this reminds a cantonese saying "X婆守不到寡", correct?

If you can't understand chinese, nevermind, Google has translated it in a beatiful and very polite way, not like the rude cantonese slang. The Google translated version shall prevail for above meaning. Welcome back!

https://translate.google.com.my/?hl=en&tab=rT&sl=zh-CN&tl=en&text=%E5%...
---------------------------------------
Posted by Sslee > 1 month ago

I will stop my comment in CapitalA forum as I have said enough about CapitalA and Stony.

Please take good care of your investment

bish_bish

165 posts

Posted by bish_bish > 2022-04-19 13:05 | Report Abuse

Maybe I am a bit loss and cannot really get the meaning, you come here to ask Stony to invest in plantation stocks?!!!

What the....you are more Stony than Stony! I like your idea anyhow!

------------------------------------------------
Sslee

Just wonder why people want to invest in CapitalA, a PN17 company with total equity of negative RM 5,988,663,000 as at 31/12/2021 and Stony already said 2022 will be another loss making year and can only hope to turn around in 2023.

Why not invest in plantation stocks that should report record profit for year 2022?

bish_bish

165 posts

Posted by bish_bish > 2022-04-19 13:35 | Report Abuse

By the way, Stony had put his sneaky hands on farming and agriculture already woh...how then? Shall we ask Stony to consider glove stocks now which are also foreseen to be profitable 2022, huh?

https://newsroom.airasia.com/stories/a-year-on-airasia-farm-remains-bu...

bish_bish

165 posts

Posted by bish_bish > 2022-04-19 14:02 | Report Abuse

GD it! I didn't know my fav harumanis mango also monopoly by Stony and some more his airasia farm is supported by the Ministry of Agriculture and Food Industries (MAFI), Department of Agriculture (DOA), as well as the Federal Agricultural Marketing Authority (FAMA) of Perlis, as an official distributor of Harumanis mangoes. What the....really double standard to the MAX!!!! Thanks to Sslee idea, I google a bit baru found out about this, GD it Stony!

https://www.youtube.com/watch?v=hP55IODt--Q

https://newsroom.airasia.com/news/airasia-farm-is-an-official-distribu...

i3lurker

11,410 posts

Posted by i3lurker > 2022-04-19 16:58 | Report Abuse

I cannot remember when I last bought any mangoes
its not that I like to quote Tun, its actually kisah benar.
I eat apples and oranges daily/frequently but never any mangoes at all.

and here is the reason why . . .
and its not surprising at all when you see who is selling it. . .

https://thealthbenefitsof.com/frightening-effects-you-eat-a-lots-mango...

bish_bish

165 posts

Posted by bish_bish > 2022-04-19 18:20 | Report Abuse

Other kisah benar from Tun Google:

https://www.eatthis.com/dangerous-side-effects-eating-too-many-apples/

https://www.healthshots.com/healthy-eating/nutrition/eating-oranges-ca...

Tun Google also says, regardless of the type of fruits, taking too much will cause you "lao sai" in any case!

https://www.insider.com/eating-too-much-fruit-side-effects-2017-10#:~:...

In case olang pulih cannot understand the meaning of "lao sai", Tun Google also finds you the translation below, hidup Tun Google!

https://www.insingapura.com/dictionary/word/lao-sai/

munah

29 posts

Posted by munah > 2022-04-20 08:53 | Report Abuse

rebound buy some

benzema

58 posts

Posted by benzema > 2022-04-20 08:55 | Report Abuse

buy more

benzema

58 posts

Posted by benzema > 2022-04-20 08:56 | Report Abuse

now many people boat flight

nasgee

427 posts

Posted by nasgee > 2022-04-20 09:16 | Report Abuse

fasterr....vrommm

Posted by software guy > 2022-04-20 10:11 | Report Abuse

@nasgee u bought PN17 company stock?

winetime

358 posts

Posted by winetime > 2022-04-20 11:25 | Report Abuse

TF : Everyone can fly !
Retails : When ?
TF : Endemic now , everyone can fly !
Retails : We are talking about stock market .
TF : ........

winetime

358 posts

Posted by winetime > 2022-04-20 11:25 | Report Abuse

Next year we fly ? hahaha

winetime

358 posts

Posted by winetime > 2022-04-20 11:26 | Report Abuse

Hopefully not next next year

Nhamir

43 posts

Posted by Nhamir > 2022-04-20 11:46 | Report Abuse

just buy and sell

Nhamir

43 posts

Posted by Nhamir > 2022-04-20 11:47 | Report Abuse

beli sikit2, lama lama jadi bukit

Nhamir

43 posts

Posted by Nhamir > 2022-04-20 11:50 | Report Abuse

the holding company for the AirAsia Aviation Group, has called on governments across Asia to further ease travel restrictions

nicholas99

6,703 posts

Posted by nicholas99 > 2022-04-20 12:16 | Report Abuse

PETALING JAYA: The Immigration Department’s online appointment system (STO) for the application and renewal of passports at its Kuala Lumpur office is full until the end of May, prompting widespread frustration among the people.

As of yesterday morning, the earliest date available as shown on the STO is May 26, all the way to July 18.

A check on the website showed that for the 7.30-8.30am time slot, the available dates start from July 8 to July 18.

For the 10.30-11.30am and 11.30am to 12.30pm slots, no dates are available.


No dates are available for the 2.45pm to 4pm slots as well, while dates for the 2pm to 4pm slot begin from May 30.

For the Selangor office at Shah Alam, the earliest date available is May 17, all the way to July 18.

Meanwhile, the available dates for renewal and application of passports at UTC Shah Alam starts from May 25 until July 18.


STARPICKS
Taylor’s continues to pave the way in rankings
No passport application and renewal date is shown for the Putrajaya office.

Netizens have been complaining about the STO being fully booked for months.

Facebook user Ali Rahmat said he had been trying for two months to get an appointment.

“What do I do? I have been trying for two months but it always says all the dates are booked.

“Is there another way to make an appointment?” he commented on the department’s page.

User Robby Tom asked if he could walk-in instead.

“The appointment is full until May,” he said.

Another user Dexter YP Koh, shared a story of his renewal on April 6, which started at 9.15am, but got delayed after his old identity card (IC) was not accepted.

“After queuing for almost an hour, an officer at the counter said he could not process my online passport application because my IC was of the old version, and asked me to get it renewed before coming back again,” he said in his Facebook post.

“Why don’t they put this requirement on the website, so I can prepare in advance and not stand in a queue just to be told this!”

After getting his new IC, Koh was again delayed because his photo in the IC was deemed to be “too white”, and had to wait another hour.

He also narrated that he met with an elderly couple who were seeking to travel to Singapore for medical treatment and wanted to renew their passports.

“Officer turned them away as they didn’t have an online appointment. Not every 80-year-old has digital knowledge la ...,” he said.

Elsewhere, many people applying for a passport online ended up having to go to the Immigration Department in person to complete certain procedures, prompting them to express their frustration, and saying the department should come out with a clear list of instructions on their website.

nicholas99

6,703 posts

Posted by nicholas99 > 2022-04-20 12:17 | Report Abuse

renew passport pergi mana?

wan

42 posts

Posted by wan > 2022-04-20 12:43 | Report Abuse

buy some

Posted by GrowthCapitalist > 2022-04-20 15:14 | Report Abuse

As long close with 0.730 with body candle. Then coming days we all have chance to cari makan but really wonder how is the QR going to be.

Posted by The_JQuestion > 2022-04-20 15:18 | Report Abuse

delicious keep keep worth it free moneh

Nhamir

43 posts

Posted by Nhamir > 2022-04-20 15:27 | Report Abuse

aku rasa sbb naik orang2 case balik kampung jer ini...haha

wongsam16

169 posts

Posted by wongsam16 > 2022-04-20 22:49 | Report Abuse

Buy now to accumulate, Capital A technical chart already shows the bottom of long-term support, the stock price is difficult to fall below, this happened while it around 61-62 cent in the past, that time many are loss confident with the danajamin issues and after that you know... now that similar 71-72 cent, the stock price breakthrough upward, which is a good sign, in coming short-term will appear upward trend, there are the opportunities again. Lets see.

neonstrife

456 posts

Posted by neonstrife > 2022-04-21 09:47 | Report Abuse

https://www.webintravel.com/the-wrap-increased-demand-for-travel-to-so...

airasia Super App partners Trip.com to expand its hotel inventory

Following its enlisting Google’s help to further push its airasia Super App, AirAsia has partnered with China’s leading online travel agent, Trip.com “to strengthen its position” as an OTA.

With this tie-up the super app has over 1.2 million additional hotels from 200 countries and regions added its inventory, providing travellers with more choice in accommodation.

Amanda Woo, CEO of airasia Super App, said the partnership would expand the superapp’s capabilities as an OTA and strengthen its travel ecosystem. “We look forward to serving all of our new and existing super app users with more travel deals through this partnership with Trip.com.”

Yudong Tan, CEO of Trip.com Group Flights Business Unit added the expansion of its collaboration with AirAsia would support the growth of the travel market across the region, and “provide travellers with over 1.2 million additional accommodation options through the airasia Super App channel.”

To expand its reach and increase its offerings the super app has entered into similar partnership with MG Group, WebBeds and Travelport “as part of a continued strategy to become the leading OTA and preferred travel and lifestyle app of choice in ASEAN”.

amateurJR

2,247 posts

Posted by amateurJR > 2022-04-21 14:28 | Report Abuse

Mari mari earn some raya money here

HK_Trust

77 posts

Posted by HK_Trust > 2022-04-21 15:33 |

Post removed.Why?

Nhamir

43 posts

Posted by Nhamir > 2022-04-21 16:24 | Report Abuse

HK_Trust, hong kong only 600 new cases now days...

babanono

49 posts

Posted by babanono > 2022-04-21 16:52 |

Post removed.Why?

Posted by Sarcasm777 > 2022-04-21 18:21 | Report Abuse

Some people thought the world revolves only around China and its lockdown. Expect Japan and Taiwan to open up this summer.

Posted by investmalaysia618 > 2022-04-22 11:21 | Report Abuse

usd 4.3 lo. earn in ringgit cost in usd. crude oil multi year high

Nhamir

43 posts

Posted by Nhamir > 2022-04-22 12:02 | Report Abuse

Malaysia Airlines parent company reports improved FY21 financial performance on successful restructuring, cargo revenue growth

winetime

358 posts

Posted by winetime > 2022-04-22 12:58 | Report Abuse

Raya need buy flight ticket to balik kampung ?

winetime

358 posts

Posted by winetime > 2022-04-22 12:59 | Report Abuse

hahaha,,, boom boom rebound ?

Posted by salarynotenough > 2022-04-22 15:46 | Report Abuse

Thai just announce no more test and go....will this benefit AA?

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