CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

0.66

Today's Change

0.00 (0.00%)

Day's Change

0.65 - 0.66

Trading Volume

2,998,700


118 people like this.

158,255 comment(s). Last comment by Ahboy96 4 hours ago

DickyMee

752 posts

Posted by DickyMee > 2 months ago | Report Abuse

Agreed! Just look at AAX!
___________________________

Yt Chong

believe TONY!

Alice7591

109 posts

Posted by Alice7591 > 2 months ago | Report Abuse

QR tomorrow out I think

Chinjason

241 posts

Posted by Chinjason > 2 months ago | Report Abuse

congratz

Posted by greenbucket > 2 months ago | Report Abuse

is it me or this is a terrible set of results!

Posted by richardsharing > 2 months ago | Report Abuse

haha... die dy

Posted by greenbucket > 2 months ago | Report Abuse

seems like it is going to walk down the same path as its sister company AAX. Creditor Restructuring and soon Fund Raising. TP Below 50 cents!

Bobii

356 posts

Posted by Bobii > 2 months ago | Report Abuse

Finally a nice result by AirAsia. As expected due to higher travel demand domestically. This quarter only loss 1billion, well done and congrats to all share holder.

Posted by richardsharing > 2 months ago | Report Abuse

anyway, border reopened since 1 april which gives impact on next QR. look forward to it. main risks now are weak rm and high fuel price

DickyMee

752 posts

Posted by DickyMee > 2 months ago | Report Abuse

No_Sight how are you?

bish_bish how are you?

Posted by remomama94 > 2 months ago | Report Abuse

In addition, on April 29 this year, the group received an audit opinion from the external auditor Ernst & Young (EY), which indicated that under the foreseeable circumstances, the group has the ability to continue its business in the future.

"We are confident that we will emerge from PN17 after the board meeting completed today and plan to submit a report to Bursa Malaysia in the near future."

kasi hati sejuk sendiri loo :,)

Sslee

10,144 posts

Posted by Sslee > 2 months ago | Report Abuse

Cash and cash equilvalent at the beggining of year: RM 1,256,753,000.
Cash and cash equilvalent at 31/03/2022 RM 364,420,000.

So capitalA now do not have enough cash to rehire pilots and crews nor to put addition planes into services.

DickyMee

752 posts

Posted by DickyMee > 2 months ago | Report Abuse

4Q21 superapp revenue: RM95 million
1Q22 superapp revenue: RM39.7 million

Sslee

10,144 posts

Posted by Sslee > 2 months ago | Report Abuse

CapitalA total equity is now negative RM 7,349,849,000. So how to exist from PN17 in near future?

freddiehero

16,708 posts

Posted by freddiehero > 2 months ago | Report Abuse

still got how many planes to sell ah?

Posted by GrahamNewman > 2 months ago | Report Abuse

this airline service has been getting worse day by day. My flight was rescheduled 4 times in 1 week!!! how the hell do you do business like this? We need more airlines come in to take away customer from airasia since apparently they can't handle the customers here. and Im getting MAVCOM to investigate these type of willfull business practices. Told that my flight is confirmed, then few days later say sorry reschedule again.

kfbusjd

655 posts

Posted by kfbusjd > 2 months ago | Report Abuse

revenue 811m losses 903m... next qr even if revenue up to 1.5b it will still make hundred millions of losses. Think carefully before invest.

apple168

6,234 posts

Posted by apple168 > 2 months ago | Report Abuse

Good one to short9e! Say who that we can’t earn in bear market?

Bobii

356 posts

Posted by Bobii > 2 months ago | Report Abuse

Very good result actually. Revenue up a lot. Today will limit up

Posted by ZorosInvestFund > 2 months ago | Report Abuse

the key for the update is: "Fernandes added that Capital A had received a clean audit opinion by its auditors Ernst & Young on April 29, denoting its ability to continue business for the foreseeable future. The auditors’ previous opinion of “material uncertainty related to going concern” on Capital A is now removed."

matklse

345 posts

Posted by matklse > 2 months ago | Report Abuse

Losing billions 12 quarters straight, the company already losing money back to back quarters even before the pandemic, the pandemic is just the final nail in the coffin.

Another bankrupting company going to zero

Twowah123

654 posts

Posted by Twowah123 > 2 months ago | Report Abuse

Just drop here to see see..how everyone ok kah...kahkahkah.....told before to run and to avoid.. kihkihkih

rr88

5,057 posts

Posted by rr88 > 2 months ago | Report Abuse

Money sucking machine. Pour in money, goes up in smoke. Pour in money, money disappear. I bil loss in 1 qtr. 4 qtr, 4 bil wiped out. Tp 0.30. Sell !

Posted by ZorosInvestFund > 2 months ago | Report Abuse

the losses is attributed to first quarter man, international border is reopened on April

Yt Chong

69 posts

Posted by Yt Chong > 2 months ago | Report Abuse

YEAH, true! ZorosInvestFund

Posted by petramaises > 2 months ago | Report Abuse

tough business to run

hoot9e996

1,518 posts

Posted by hoot9e996 > 2 months ago | Report Abuse

business not generating money anytime soon.....
the struggle will be tough, air asia airline business was "CHEAP business model"
now whoever flies dont care about cheap but safety.
not being judgmental, with this covid a lot of SOP needed their cheap flights took a big hit
after covid, people are willing to pay extra for premium air tickets for less packed flights
do remember before covid air asia business model was only 2 things
1 : filled as many passengers into plane
2 : planes are always on the air

changed name to capital A but no point..... take years to change business model unless
dramatic actions are taken

hoot9e996

1,518 posts

Posted by hoot9e996 > 2 months ago | Report Abuse

then again because its falling you will see people like me who talk bad about the counter.
when it rebound and uptrend back, people like me are like hypocrites lol because we jump back in
with the buy momentum

Posted by ZorosInvestFund > 2 months ago | Report Abuse

medium-long term I believe Capital A is riding on a recovery train, unless there is another pandemic occurs.

but let's talk about the momentum, I guess it'll depends on today's closing price. If we see lower shadow candlestick with volume today, we can fairly assume there is a support here and remain cautiously optimistic of the short term trend. If it moves otherwise, expect a short-term downtrend in the coming days.

cheahgood

271 posts

Posted by cheahgood > 2 months ago | Report Abuse

Maybank investment still show BUY target 1.29... maybank still lived in the cave or moon??

citadel888

529 posts

Posted by citadel888 > 2 months ago | Report Abuse

bye-bye AirAsia

cheahgood

271 posts

Posted by cheahgood > 2 months ago | Report Abuse

From 0.73 early May and now 0.63.. hopeless CapitalA... rename it to CapitalZ..z.Z....

Yt Chong

69 posts

Posted by Yt Chong > 2 months ago | Report Abuse

long term I believe Capital A is riding on a recovery train

cheahgood

271 posts

Posted by cheahgood > 2 months ago | Report Abuse

Whoever believe in Maybank, better go fly-kite.. morron Maybank.

speakup

18,866 posts

Posted by speakup > 2 months ago | Report Abuse

TTB icap bought a lot around 80sen. now crying

cheahgood

271 posts

Posted by cheahgood > 2 months ago | Report Abuse

it seems will continue downtrend unless declare special dividend. else just just wait or you can pass over your CapitalA shares to your grandchildren to wait it uptrend again to So-called 1.29 target from morron Maybank investment

cheahgood

271 posts

Posted by cheahgood > 2 months ago | Report Abuse

whoever still hold capitala, better sell today. hopeless

Posted by petramaises > 2 months ago | Report Abuse

Airasia trying to copy grab. Food deliveries, ride sharing and etc.

but grab is burning shit ton of money every quarter

Yt Chong

69 posts

Posted by Yt Chong > 2 months ago | Report Abuse

wait for next QR, border open 1st of April.

neonstrife

456 posts

Posted by neonstrife > 2 months ago | Report Abuse

This QR a bit sad, nvm.... have to wait for next round..

Posted by InsiderShark > 2 months ago | Report Abuse

losses bigger than revenue.... holy smoke. run

Nhamir

43 posts

Posted by Nhamir > 2 months ago | Report Abuse

AirAsia Aviation Group (AAAGL), a subsidiary of Capital A (formerly known as AirAsia Group), reported its financial results for the first quarter of 2022, revealing that revenue has significantly increased.

According to the report, AirAsia’s first quarter revenue totaled RM601 million (US$136 million), up 226% year-on-year. The positive results were attributed to improved demand and further easing travel restrictions across the key markets in the region.

“The aviation group outlook remains positive as we firmly believe there will continue to be a V-shaped travel rebound and improved passenger traffic continuing throughout the remainder of the year and beyond,” President and Group CEO of AirAsia Aviation Group, Bo Lingam said.

AirAsia Aviation Group carried a total of 3.7 million passengers in Q1 2022. During the quarter, AirAsia Aviation Group operated at 60% of pre-pandemic domestic capacity. Looking ahead, the airline group aims to operate at 93% of pre-pandemic capacity by the end of 2022.

“We are confident in the ongoing revival of air travel in the coming quarters and with the support of Asean countries which are already gradually reopening international borders, that we will be flying to pre-Covid capacity on many of our core domestic and international routes by the end of this year,” Lingam added.

Capital A, a parent company of AirAsia Aviation Group, Asia Digital Engineering, airasia Super App, Teleport, and BigPay, reported a net loss before taxes of RM1,076 million (US$250 million).

“I’m excited by the pace of recovery in aviation, the huge potential growth of ADE and Teleport, and the very exciting prospect of profitable digital businesses. Capital A is on track to build a strong and profitable cash flow with our diversified business portfolios,” CEO of Capital A, Tony Fernandes said.

Fernandes also added that Capital A is preparing to recall remaining furloughed staff as the company slowly recovers from the COVID-19 pandemic setbacks.

samadk

19 posts

Posted by samadk > 2 months ago | Report Abuse

huge loss yet Tony taking more then RM 14 millions pay !!!!

nicholas99

6,703 posts

Posted by nicholas99 > 2 months ago | Report Abuse

itu la . everyday loss making.. still dare take pay. this tony. no brain.

DickyMe2

1,424 posts

Posted by DickyMe2 > 2 months ago | Report Abuse

"Posted by samadk > 28 seconds ago | Report Abuse

huge loss yet Tony taking more then RM 14 millions pay !!!!"
==========================

Dengki ker?
GLC CEO makan lebih RM 80 juta, tak riuh pulak.
Lagi merempat dari AA, nak kena bantuan pulak.

Yt Chong

69 posts

Posted by Yt Chong > 2 months ago | Report Abuse

@nicholas99 if tony no brain, how to be billionaire? i hope i got tony brain and not typing comment here to discuss about him...

DickyMe2

1,424 posts

Posted by DickyMe2 > 2 months ago | Report Abuse

AA going through test of fire.
Pandemic, war, rising oil price, inflation and debts
All these are beyond anybody's control.
It's like flying a plane through hurricane.
It will take another six quarters to slowly return to black.

williamh

689 posts

Posted by williamh > 2 months ago | Report Abuse

Maybe right issue to raise funds

hoot9e996

1,518 posts

Posted by hoot9e996 > 2 months ago | Report Abuse

2021 they raised a lot of funding already, u can look it up
new PP investor, right issue, loans

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