Posted by Good123 > 2022-12-14 12:16 | Report Abuse

Jika PN17 berlarutan, bilakah ia akan delisted and jadi sykt swasta pulak? risiko tinggi sekarang

Posted by Good123 > 2022-12-14 12:16 | Report Abuse

kalau delisted, tak boleh jualbeli dengan mudah, masalah kecairan sebagai pemengang syer sykt sdn bhd nanti

Posted by DickyMe > 2022-12-14 12:21 | Report Abuse

"Posted by Good123 > 1 minute ago | Report Abuse

Jika PN17 berlarutan, bilakah ia akan delisted and jadi sykt swasta pulak? risiko tinggi sekarang"
==========================

Apabila semua GLC yang lembap dan mengakibatkan kerugian besar disingkirkan, ketika itulah sykt ini pun mungkin disingkirkan.

Posted by newbie8080 > 2022-12-14 12:49 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=122354&name=EA_GA_ATTACHMENTS

Posted by Nhamir > 2022-12-14 12:53 | Report Abuse

currently air asia just too much of bad sentiment by rakyat,
few ago, anything air asia speak can be consider cause cheap airline but now hold by myairline. soo cheap and rakyat mostly willing go there. is it true air asia was big company and can flies all asean country but the asean also have their own flight.
which bad reputation now and cost a lot of maney like fee parking at many hub and petrol. lastly big sum of money of 15k workers and millions of salary for director and owner? even revenue state can reach 1b for quarter but still vary lack by heavy operation spending.. it just penny like us not too scared to invest air asia.. even dato&tan sri scared by air asia

Posted by DickyMe > 2022-12-14 13:06 | Report Abuse

"Bad sentiment by rakyat?"
Well, it is only selected few racists with self interest who are blowing the negative propaganda to achieve their intention. Propaganda machinery is well oiled with the support of politician, bank and little napoleons who constantly smear.
Tony's blunder is being too adventurous with his risk taking without taking into consideration of how brittle the social fabric of the nation is which affect business and not foreseeing calamities like Covid.

Posted by Nhamir > 2022-12-14 14:27 | Report Abuse

@DickyMe, actually it truly bad sentiment in every news on FB and if talk about airline will state about air asia bad reputation.... i think its dendam kasumat..haha
even now tony still talk about half his air plane still under parking and if have fund will staggered till 2quarter on next year.. i thought in early on june at end of year all airline will be operate but the answer was NO

Posted by stockraider > 2022-12-15 08:11 | Report Abuse

Avoid loh....on the way to bankrupt mah!

Posted by nicholas99 > 2022-12-15 08:35 | Report Abuse

lose so much money.. can come back stronger?

Posted by stockraider > 2022-12-15 08:43 | Report Abuse

Do not be konned by Toni fernandez loh!

Posted by Nhamir > 2022-12-15 09:36 | Report Abuse

finally, have foreign inject fund. but not much...oklah..

Capital A Bhd’s logistics venture Teleport has raised new growth capital of US$50 million (RM220 million) from large institutional credit investors to extend its delivery capabilities in Southeast Asia. The funds will be used to induct additional freighters, build critical hubs in Indonesia, the Philippines and Malaysia, and further invest in technology that allows anyone to "teleport it" in 24 hours across Southeast Asia. The logistics venture of Capital A is also currently serving Shopee, Lazada and Zalora.

Posted by ikanbiliskering > 2022-12-15 09:41 | Report Abuse

huaaaat la, slowly but surely

Posted by Genegene > 2022-12-16 13:11 | Report Abuse

@ikanbiliskering. how long? 10 years?

Posted by newbie8080 > 2022-12-19 13:51 | Report Abuse

Tik Tok
Time is running out
I hope Bursa Malaysia governance are stringent and will proceed to reject the propose plan and delist Capital A.
A regulator must display fearless and no nonsense behaviour when dealing with non compliance company, else every company will take Bursa Malaysia regulations as mere gentle reminder and no action and talk only.

Posted by Alan > 2022-12-21 18:50 | Report Abuse

2 sides of story. Let's see
KLSE Screener KLSE Screener

Mavcom predicts air passenger traffic to grow between 40% and 52% in 2023
TheEdge Mon, Dec 19, 2022 01:06pm - 2 days



KUALA LUMPUR (Dec 19): The Malaysian Aviation Commission (Mavcom) anticipated that air passenger traffic in 2023 will grow between 40% and 52%, which translates to between 74.6 million and 80.8 million passengers.

This will be driven by the gradual restoration of key markets beginning in the fourth quarter of 2022 (4Q2022), with local carriers, including Malaysia Airlines, AirAsia, AirAsia X, and Batik Air, having made plans to restore capacity and increase frequency, particularly in relation to popular destinations such as Hong Kong, Japan, Taiwan, Australia, and the Middle East, it said.

Mavcom released the 12th edition of its industry report, Waypoint, which highlights the Malaysian aviation sector’s performance in 3Q2022 as well as air connectivity trends. The report also provides insights into the outlook of the aviation industry for 2023.

On the other hand, Mavcom noted that cargo traffic for next year is forecasted to grow between 3% and 4.8% to between 22.4 billion and 22.8 billion freight tonne kilometres (FTK) due to the continued growth of e-commerce and the electrical and electronics sector.

Nonetheless, persistent inflationary pressures, rising interest rates and recession fears are among the potential challenges for the aviation sector in the year ahead, the commission highlighted.

Maybank Investment Bank Bhd (Maybank IB) in its note maintained its ‘overweight’ call for the aviation sector, with a ‘buy’ call on Malaysia Airports Holdings Bhd (MAHB) and target price (TP) of RM7.37.

“We forecast that Malaysian domestic and international pax traffic will return to 100% and 80% of 2019 levels respectively by 2023 and that Turkish domestic and international pax traffic will return to 112% and 74% of 2019 levels by 2023,” it said.

Maybank IB also has a ‘buy’ call on Capital A Bhd with a TP of 84 sen.

“We forecast that group-wide passengers carried will recover to 79%/96% of 2019 levels by 2023/2024 and that airfares will more than offset jet fuel prices, which we expect to average at US$110/bbl throughout 2023 and 2024,” it added.

Read also:
Total air passenger traffic at 15.6 mil in 3Q, highest since onset of Covid-19, says Mavcom








Related Stocks

AAX 0.485
AIRPORT 6.500
CAPITALA 0.60

Posted by Sarcasm777 > 2022-12-22 12:54 | Report Abuse

Actually, many haters just cannot stand to watch things will turn around for AA. They just want them to go bust and get delisted. And then they will say, “see, I’ve told you so!”

Posted by ikanbiliskering > 2022-12-27 11:45 | Report Abuse

haha true

Posted by Nhamir > 2022-12-27 18:09 | Report Abuse

@ikanbiliskering, i dont thik so. all analysis estimate 1ringgit or lowest on 0.8cent but fail..also status pn17 will resolve this year but also fail..
currently since air asia got pn17 the share was same till now 0.56cent on 2 December and same 0.56cent 7 February. the gap will increase but turn back the lowet to 0.56cent.
even i think that after uplift pn17 only up to 0.7cent at the higher.. well ofcouse it a save share stock but if you talk about will up to 1ringgit.. just forget it..the company was not strong enough and investor along this year only hear only for teleport for only hundred of million compare negative nearly rm1b net income. still not at black/normal income and far from green/profit..
if want to heavy share this stock can buy on next year on julai, since tony said will prepare their report to bursa whether success or not

Posted by thetruthstory > 2022-12-28 08:54 | Report Abuse

tq China, my profit on this stock is going up today

Posted by Nhamir > 2022-12-28 12:35 | Report Abuse

@thetruthstory, air asia x more profitable than this counter.. better also seen at aax.
air asia x also the counter already go to black and near in future will green.

Posted by sigma404 > 2022-12-28 12:41 | Report Abuse

Capital A is a bad name, change my mind

Posted by gadzooks > 2022-12-28 15:06 | Report Abuse

CapitalA's headwinds are well known, so let's look at just a couple of the tailwinds (relating to the aviation sector only and not even the entire of its business):

1. The world just doesn’t have enough planes as travel roars back (https://www.theedgemarkets.com/node/649749)

Put simply, airlines (particularly LCC) with the most planes will be the main beneficiary in the medium term, as they will be better positioned to organise their routes and deploy their aircraft in the most efficient manner. The game that the LCCs play is different from the premium segment as they rely on economies of scale. AirAsia still has quite a number of planes on the ground which it intends to bring back into service - approx. 140 / 205 back by end this year and the rest to come back around mid 2023. This augurs well for its operations; they are already at capacity as it is.

2. Chinese demand for travel jumps as Beijing opens the floodgates (https://www.theedgemarkets.com/node/649758)

Everyone would have read about China's planned reopening on 8 January 2023, with Thailand and Malaysia among the top 10 destinations that Chinese nationals want to travel to when it reopens. AirAsia already flies some flights from Malaysia and Thailand to China and Hong Kong. It is all a matter of ramping it up - see point 1 on the additional aircraft.

3. Strengthening MYR vs USD

The tightening of USD rates are coming to its final stretch, and the Fed isn't expected to tighten past 2023. In fact, many economists and industry players are already worried that they have overshot and are asking them to slow down or start easing. Regardless, a conservative estimate would see them hiking until at least mid-2023, or even end 2023 if one were to be ultra conservative. The Fed will then have to turn and start easing after that. Malaysia was beset with political strife from 2018 to 2022, which contributed (together with the pandemic, overheating of the US economy etc.) towards the slide in the Ringgit. With the unity government in place and assuming the US goes into a mini-recession in 2023/2024 (if not a major one), the Ringgit will gain, which will benefit AirAsia's operational cost.

Also, even if the recession somehow affects SEA, low cost services will be less impacted and could in fact gain over premium segments.

---

Of course, the performance of CapitalA's share price also depends on how well the regularisation plan is carried out. Like what Buffet said, the stock market in the short run is a voting machine, but in the long run it is a weighing machine.

Technically, RM0.61 and the 50-day MA look to be the key levels in the near term and any decisive break or bounce at those levels (in fact its already occurred) will signify good movement. If the 200-day MA is also exceeded, it could kickstart a sustained ascent.

Its price now is what it is, but taking into account the various positive factors that are now slowly blowing in its favour and acting as a tailwind, its share price could just start moving upwards once the regularisation plan is put into motion.

Not financial advice, DYDD.

Posted by Good123 > 2022-12-29 07:55 | Report Abuse

be careful, do not put all your eggs in it :)

What is PN17 company?
WHAT IS PN17? PN17 stands for Practice Note 17/2005 ("PN17") and it is a practice note that is issued by Bursa Malaysia in relation to listed issuers that are in financial distress.6 Sept 2022

Posted by gadzooks > 2022-12-29 09:13 | Report Abuse

Again, nonsense comments like these plague the entire i3investor forum. Everyone knows it is a PN17 company - now what we're looking out for is its prospects of regularising that position...

Posted by Sarcasm777 > 2022-12-29 10:19 | Report Abuse

Kindly ignore Good123. He’s probably just a small banker or accountant.

Posted by Alan > 2022-12-29 14:07 | Report Abuse

Yeah this is what we like to hear. More info like this is what makes our decisions a quality one.
-------------------------------------
Again, nonsense comments like these plague the entire i3investor forum. Everyone knows it is a PN17 company - now what we're looking out for is its prospects of regularising that position...

Posted by Nhamir > 2022-12-29 14:46 | Report Abuse

Top destinations
Japan, Thailand, South Korea, the United States, Singapore, Malaysia, Australia and the United Kingdom made the list of top 10 destinations outside mainland China with the fastest-growing search volume, the company revealed.

Posted by The_JQuestion > 2022-12-29 15:23 | Report Abuse

Finally the world will welcome china with broad arms need their spending POWER !!

Posted by Sslee > 2022-12-29 19:42 | Report Abuse

Author: savemalaysia    |   Latest post: Thu, 29 Dec 2022, 6:05 PM

Blog Headlines (by Date)Blog Index  

What about AirAsia, Loke asked after Batik Air rebuke

Author: savemalaysia    |    Publish date: Thu, 29 Dec 2022, 1:02 PM 

An aviation expert has urged Transport Minister Anthony Loke Siew Fook not to split hairs in reprimanding airlines for wrongdoings, but to take equal action across the board. 

Germal Singh Khera, a former Mavcom Aviation Development director, also said it was unfair for Loke to rebuke only Batik Air for flight delays given similar problems of a greater frequency at AirAsia. 

Loke had said that he would look into the matter after a number of video clips went viral, showing Batik Air passengers scolding the airline's staff following delays, reportedly of up to eight hours.

But Germal said that in most cases, the transport minister is not directly involved in the affairs of aviation operations. 

"These can be easily handled by the relevant regulatory authorities such as Mavcom and the Civil Aviation Authority of Malaysia," he added. 

"As a minister, he should be fair to all parties. Why single out Batik Air? Why is there no mention of AirAsia delays and cancellations or refund issues? This is being biased." 

Mavcom data published in September showed that the most complaints from passengers from January to June this year were against AirAsia. 

A total of 527 complaints (42.1%) were made against the budget airline, followed by 40.7% against Malaysia Airlines.

Batik Air received 99 complaints or 7.9%.

Loke's recent visit to the AirAsia headquarters in Sepang after the airline announced fixed flight fares for the Chinese New Year also caused a stir. 

Some AirAsia passengers, including from overseas, asked why Loke had not taken the opportunity to address the issue of flight delays, cancellations and problems with refunds reported since 2020. 

Malaysian Low EeMay said she was surprised to see Loke being so firm with Batik Air when he had not taken the same approach to AirAsia. 

"AirAsia is much worse," she said, adding however that Loke might not be familiar with the issues associated with AirAsia as he had only recently taken over as transport minister. 

"He should mention AirAsia which has more problems than just flight delays." 

Harmeet Singh from Sydney meanwhile spoke of a betrayal by AirAsia as well as the Malaysian authorities. 

"The Malaysian government has failed to act," he said.

"All of this is happening under the excuse of AirAsia's debt restructuring process."

Tommy Nagao of Japan said he had given up on obtaining a refund from AirAsia. 

"Tony Fernandes will continue getting away with this, and it seems that no one can stop him, not even the transport minister," he said. 

Malaysian Low Pui San urged Loke to look into the matter, given that people's hard-earned money was at stake. 

"God knows what the cumulative sum is in terms of advance payments by passengers," she said. 

"I hope he will really look into this. With enough noise and attention, I hope he will." 

 

https://www.malaysianow.com/news/2022/12/29/what-about-airasia-loke-asked-after-batik-air-rebuke

Posted by gadzooks > 2022-12-30 09:18 | Report Abuse

Lol at the hit piece by MalaysiaNow. You don't know who its aligned to, do you?

Posted by ikanbiliskering > 2022-12-30 09:40 | Report Abuse

fasten your seat belt

Posted by James_Bond > 2022-12-30 09:44 | Report Abuse

Casino Royale Fund in Capital A! Happy New Year 2023! Cheers!

Posted by ahbah > 2022-12-30 09:53 | Report Abuse

All no sell please so that our klci can go over 1500 pts today, then hapi new yr for 2023 for all of us !

Posted by ahbah > 2022-12-30 10:01 | Report Abuse

Thanks for no selling, now our klci is oredi over 1500 pts ! Hurray !!!

Hidup klci !!!

Posted by ikanbiliskering > 2022-12-30 10:03 | Report Abuse

casino royale?

Posted by ahbah > 2022-12-30 10:07 | Report Abuse

Free moni printing machine for all !!! All masuk can get buta moni !!!

Posted by ahbah > 2022-12-30 10:13 | Report Abuse

Klci now in SOLID UPTREND ?

Posted by nasgee > 2022-12-30 10:21 | Report Abuse

vrommm...soon 069 fasterr

Posted by yong1985cm > 2022-12-30 10:37 | Report Abuse

its probably jz some year end window dressing, dun be so happy.

and personally quite sad for our govt to intervene the air ticket price and caused AA to lose a golden opportunities to recoup some profit.

Posted by James_Bond > 2022-12-30 10:42 | Report Abuse

Capital A is high risk investment! Remember High risk, high return!

Posted by nasgee > 2022-12-30 11:05 | Report Abuse

ohhh i chooseee high returnnn ...vrommmm...haaaa be hhpyy nw yr 2alls hre.

Posted by Sarcasm777 > 2022-12-30 18:02 | Report Abuse

Sslee, don’t act like you’re advocating for those affected pax on AA’s flight. You’re only hoping that AA will be severely dealt with by MOT.

Posted by Sslee > 2022-12-30 23:36 | Report Abuse

Looking forward to read what will be TF, RHB Investment Bank Bhd, BDO Consulting Sdn Bhd, Deloitte Corporate Advisory Services Sdn Bhd, Ernst & Young PLT, Adnan Sundra & Low, and Providence Strategic Partners on CapitalA regularisation plan come Jan 2023.

The group expects to announce the finalised regularisation plan to Bursa Malaysia Securities in January 2023 and followed by submission for approval by next February.

Capital A expects to complete the implementation of the regularisation plan by July 2023, subject to necessary approvals including from its board, shareholders, and redeemable convertible unsecured Islamic debt securities (RCUIDS) holders, Bursa Malaysia Securities and other relevant authorities.

He anticipates the plan “will not only uplift us from the PN17 status, but also unlock enormous value for the shareholders of Capital A”.

PN17 relates to companies that are in financial distress. Such entities need to submit their proposal to restructure and revive the company to maintain their listing status.

This follows Capital A’s recent announcement that it is engaging RHB Investment Bank Bhd, BDO Consulting Sdn Bhd, Deloitte Corporate Advisory Services Sdn Bhd, Ernst & Young PLT, Adnan Sundra & Low, and Providence Strategic Partners to advise on its regularisation plan.

Fernandes argued that the group’s PN17 status remains “an accounting issue” and does not accurately reflect the business viability and prospects of Capital A.

“We have nevertheless worked very hard to develop a plan to address the PN17 status as a key part of our post-pandemic recovery journey

Posted by James_Bond > 2023-01-02 13:45 | Report Abuse

"When the train leaves the station, it doesn't back up to let latecomers on. If it does, there's something wrong with the train."

- Walter Deemer -

Posted by Sslee > 2023-01-02 18:27 | Report Abuse

When the plane leaves the airport and if due to cabin emergency or destination airport Power outage forces Philippines to suspend flights, shut airspace then the plane has no choice but to turn back.

Posted by stockraider > 2023-01-03 11:22 | Report Abuse

Sell loh!
Surely regularisation plan will result in hair cut in order to be viable loh!

Posted by ikanbiliskering > 2023-01-04 09:50 | Report Abuse

fasten your seatbelt

Posted by Alan > 2023-01-04 11:31 | Report Abuse

Wow active day today. Uptrend

Posted by Ahboy96 > 2023-01-04 13:35 | Report Abuse

slowly going up

Posted by The_JQuestion > 2023-01-04 14:30 | Report Abuse

tony fernandes legend of Malaysia.... tan sri , bring aviation uppppp .... one of the brands that represent Malaysia
ups and downs will always survive LET GO tan sri i support u and 90% fly u also LAH !!