Posted by James_Bond > 2023-01-04 18:24 | Report Abuse

Congrats… short term TP 0.75-0.80!

Posted by James_Bond > 2023-01-04 18:25 | Report Abuse

More to go… grab it before it rockets up!

Posted by gadzooks > 2023-01-04 18:43 | Report Abuse

Just moved past its 200d MA. Long term prospects look good, but next 2 days there could be a slight retracement to the 200d MA. Plus keep watch for RM0.68 too. A bounce on the 200d MA and RM0.68 could portend a long rise.

Posted by ikanbiliskering > 2023-01-04 22:06 | Report Abuse

cabin crew, red bird ready to take off.

Posted by Alan > 2023-01-05 10:18 | Report Abuse

Yeah, there could be a slight retracement after a few days of gains. Can buy in again later

Posted by Ahboy96 > 2023-01-05 11:41 | Report Abuse

is time to go back to RM1.00

Posted by gadzooks > 2023-01-05 11:41 | Report Abuse

Although CapitalA requested for an extension to up to 7 July 2023 to submit its reg plan to Bursa (the extension which was granted), news reports in Nov/Dec 2022 actually indicated that they plan to announce the finalised plan in Jan 2023, followed by submission in Feb 2023. The requested extension is probably a good to have and allows the company some room to keep an eye on market conditions and tailor the plan accordingly. The reg plan will most likely also involve AAX, which also needs to submit a reg plan by 28 April 2023. Looks like both plans will be submitted at the same time.

Take note also, there will also be a 12 month period to implement the plan once approved by Bursa, so the reorg is not something that will happen immediately.

Posted by Alan > 2023-01-05 11:48 | Report Abuse

Only if the request is approved right?

Posted by Alan > 2023-01-05 11:56 | Report Abuse

Under worse case scenario, what if bursa don't approve the request for extension. What may happen ya

Posted by gadzooks > 2023-01-05 12:41 | Report Abuse

Yes, if approved. If not approved, then delist.

Posted by yong1985cm > 2023-01-05 12:52 | Report Abuse

normally bursa will grant the extension at least few times for good prospect listed issuer

Posted by Sslee > 2023-01-05 12:56 | Report Abuse

Pursuant to paragraph 4.1(c) of PN17 of the Main LR, the Board of Directors of the Company wishes to announce that the Company and the appointed advisers are in the midst of formulating a regularisation plan to address its financial condition.

As announced on 21 December 2022, Bursa Securities had granted the Company an extension of time of six (6) months until 7 July 2023 for the Company to submit its regularisation plan to the relevant regulatory authorities. Therefore, the Company has approximately six (6) months to submit its regularisation plan to the relevant regulatory authorities for approval to implement the same.

The Company will make the necessary announcement(s) regarding the development of the proposed regularisation plan accordingly.

This announcement is dated 3 January 2023.

Posted by Nhamir > 2023-01-05 14:13 | Report Abuse

@gadzooks, nono
most like like others stock pn17 will give another extention
before airasia, ofcourse like other pn17 quit long their pn17 status.
for airasia capital A, quit trick to uplift for pn17 and ofcourse will help by their sister aax some like airplane capital A sold to aax.. so some cost burden will likely lower in future and ofcourse capital A also give some advantage in future due no need to buy airline again becouse their airline more than 200 now..
like now the current news lion air from indonesia want to buy new airlines, so capital A should take this oppotunities to revive their airlines on 2022 but fail...most airline still under parking even their also doing the business maintenant airplane
ofcourse i know what their doing due to save the cost like lower passager due to involve corona 70%~80%volume..and cost oil
air asia need some of cable to survive now...might be and ofcourse the name airasia was proud name due spreading near all nation from branding malaysian but if not help by gov will sadly fail now
even in term ehailing air asia was fail to singapore grab..hope this new year, airasia take this last chance from open border from china and malaysia take this chance to survive back their heavy investor or if fail singapore will the only survive like vistara and failure of airasia india

Posted by Nhamir > 2023-01-05 14:20 | Report Abuse

for air asia capital currently still below expectation and if ther pn17 was uplift then it another story

ofcourse it not bad idea to invest more for capital A due very much field their business like digital for hotel ehailing and emoney, korgo/airline and school studies.
what the bad thing for airasia was no fund of money thought..

Posted by Amazing > 2023-01-05 15:41 | Report Abuse

to me , this counter is worth to seat and wait.

Posted by gadzooks > 2023-01-05 16:58 | Report Abuse

@Nhamir - no idea what are you even trying to say.

Posted by gadzooks > 2023-01-05 16:59 | Report Abuse

BTW - 3 white soldiers?

Posted by cheeseburger > 2023-01-05 22:52 | Report Abuse

super bull is coming way. Stay tune. will hit 1.00

Posted by Sslee > 2023-01-06 12:11 | Report Abuse

AA sits on 1.3bil advanced ticket sales as at end Sept 2022. In the last few months, they did so many promos...7 mil free tickets, 5 mil free tickets followed by some bundle packages. Their books are horrible. net debt RM2.4bil, excluding lease liabilities sitting in the books of almost RM15bil. Shareholders funds in deficit at RM7.1bil. Technically is a bankrupt company

Posted by Sslee > 2023-01-06 12:15 | Report Abuse

https://twitter.com/nazfarid/status/1610583162144567301?s=48&t=jV6PghOMvgUzdJH7PHrxuA

Posted by StartOfTheBull > 2023-01-06 12:49 | Report Abuse

Alternative airlines are urgently needed to improve the aviation services for the benefit of all travellers. Among few other choices, namely Malindo Air and the latest MYAirline are not enough to fill up the gap.

Posted by DickyMe > 2023-01-06 21:53 | Report Abuse

For passengers, service is important, not debt status of a company.
Only investors worry about it. As log as passengers are upbeat, it will survive.
RM 1 coming soon, however depends on latest QR.
Passengers not getting refund has something to do with MAVCOM.

Posted by gadzooks > 2023-01-07 14:35 | Report Abuse

From an article in this weekend's The Edge - reg plan anticipated to be announced by end Jan or early Feb.

Posted by troy88 > 2023-01-09 09:31 | Report Abuse

As a company AA is a crappy company with a big boss that is more of a PR man. However, there should be some rebound on the cards. Eventually should rebound back to 90 sen..

Posted by gadzooks > 2023-01-09 09:56 | Report Abuse

If that makes you feel good la lol.

Seriously, I don't understand people. Pay budget airline price but want to be treated like a full service passenger. Take a look at most if not all budget airlines around the globe - each and every one of them has similar issues and complaints from passengers. This is because of the cost structure and the way the business is operated. Paying Motel 66 prices but want to feel like staying at MO or the Shang. Budget airlines are not there to give you perfect customer service - they are there to move people from A to B at a cheap/reasonable price. Of course, good customer service is a plus, but then again ask yourself, are you paying for the customer service or the relatively cheap(er) ticket?

Posted by fromfuture > 2023-01-09 10:02 | Report Abuse

congratulations to those who've bought 0.5-0.6 range during covid era. only those who have the patience and took calculated risks are going to reap the rewards now.

whatever debt all those just accounting issue. will be settled after coming regularization. Needs approval from SC & Bursa of course.

to the moon!

Posted by nasgee > 2023-01-09 12:50 | Report Abuse

LU fasterrr aft ssscionn..vrommmm

Posted by Nhamir > 2023-01-09 15:33 | Report Abuse

Sektor penerbangan bersedia raih keuntungan pada 2023 - Maybank IB
KUALA LUMPUR: Sektor penerbangan Malaysia bersedia untuk meraih keuntungan pada 2023 berikutan trafik penumpang terus meningkat dalam keadaan harga bahan api jet menyusut manakala tambang penerbangan kekal tinggi, menurut Maybank Investment Bank Bhd (Maybank IB).
"Pada masa depan, kami mengandaikan AirAsia Malaysia dan AirAsia Philippines akan menyambung semula penerbangan ke China menjelang 2024 manakala operasi MAHB di Malaysia pula bakal menyambut ketibaan hanya sebanyak 1.3 juta pelancong China atau dua pertiga daripada paras sebelum COVID-19 pada 2024," katanya.
Maybank IB mengekalkan saranan "beli" kepada MAHB dan Capital A.

Posted by ikanbiliskering > 2023-01-10 11:51 | Report Abuse

the bird too heavy to fly up

Posted by nasgee > 2023-01-10 15:51 | Report Abuse

cuaca tarak santikkk anginn banyak kuattt...nnti sikijap boleh tilibang tggiiiiii....fusssss

Posted by ikanbiliskering > 2023-01-11 10:59 | Report Abuse

flight delay

Posted by Sslee > 2023-01-12 13:53 | Report Abuse

KUALA LUMPUR (Jan 12): Capital A Bhd is optimistic about its potential growth this year, following a strong rebound in travel demand post Covid, and expects to be out of Practice Note 17 (PN17) status by the end of this year, said chief executive officer Tan Sri Tony Fernandes.

He said the investment holding group, which is involved in aviation, logistics, lifestyle, and financial services ventures, plans to submit its finalised regularisation plan to Bursa Malaysia as early as February.

“We can be out of PN17 status, definitely this year, and I hope much earlier than that. All of the consultants are now going through all the work.

“We hope to submit to Bursa somewhere between February and April. Once we get the approval, then we will go through it,” he told reporters on the sidelines of the airasia Super App rider and driver appreciation event here on Thursday (Jan 12).

Posted by 3lephAnt > 2023-01-12 17:48 | Report Abuse

Tony is certain "We can be out of PN17 status, definitely this year, and I hope much earlier than that." He has opened himself to legal repercussions by shareholders if Capital A gets delisted.

Posted by loh loh > 2023-01-13 09:28 | Report Abuse

everybody can fly

Posted by Noni > 2023-01-13 10:03 | Report Abuse

Fool me once, shame on you; fool me twice, shame on me

Posted by ikanbiliskering > 2023-01-13 10:17 | Report Abuse

ini kalilah, everyone can fly, china border open, da ge da jie coming back!

Posted by goldmanbull > 2023-01-13 14:38 | Report Abuse

Healthcare 2020 bull run, Tech 2020 - 2021 bull run, Commodities 2021 bull run, Logistics 2021 bull run. 2023? Aviation? Every sector will have its turn. Understand the market cycles and position well.

Posted by ikanbiliskering > 2023-01-16 09:41 | Report Abuse

the best safety budget air.

Posted by tonygofly > 2023-01-16 11:27 | Report Abuse

time for everyone to fly with tony

Posted by nasgee > 2023-01-17 10:29 | Report Abuse

vrommm soon...fasterr

Posted by Genegene > 2023-01-17 11:43 | Report Abuse

Any good news?

Posted by StartOfTheBull > 2023-01-17 12:32 | Report Abuse

The air space is busy again.

Posted by thetruthstory > 2023-01-17 13:57 | Report Abuse

the last good news brought us to 71 cents. hopefully more good news, if not price will drop back

Posted by nasgee > 2023-01-18 08:57 | Report Abuse

LU 2dy vrommmm...many2222 gd newss comingg..

Posted by StartOfTheBull > 2023-01-21 08:22 | Report Abuse

According to the AirAsia Super Apps, more AirAsia flights are available from February onwards this year.

Posted by gadzooks > 2023-01-21 13:35 | Report Abuse

According to Kamarudin Meranun's insta post yesterday (Friday, 20 Jan), board approval was in principle obtained for Capital A's reg plan, while AAX's in principle approval was done last week. Now pending finalisation by consultants of the documents and final board approval, before the plan will be submitted to Bursa for approval, then implementation. I think the submission will come faster than expected. Also, I understand that more China to BKK and KUL routes will be restarted next month.

Technicals-wise it is above the 200 day MA, consolidating between a right range of RM0.68 to RM0.72, and the 50 day MA is close to exceeding the 200 day MA. Looks like it is all systems go once the 50 day MA gets above the 200 day MA.

Do your DD.

Posted by zhen wei & JP > 2023-01-21 13:52 | Report Abuse

We will assist to buybacks capital A loan.
Happy Chinese New Year to everyone . Have a nice holiday with friends & family.

Posted by tonygofly > 2023-01-25 14:44 | Report Abuse

Tony is ready to fly after cny

Posted by StartOfTheBull > 2023-01-26 06:04 | Report Abuse

Most of the world has opened up, demand for air travel has far outstripped supply as airlines have struggled to reactivate their fleets and bring back staff fast enough to cope with the surge in travelers. That has led to sky-high fares in many cases but also enabled a recovery in airline stock prices and allowed carriers to eye their first profit since the pandemic.
-Bloomberg -

Posted by James_Bond > 2023-01-27 09:06 | Report Abuse

Huat Ah!