Posted by speakup > 2023-03-06 09:39 | Report Abuse

When u got 2 financially distressed companies, it's best to put all the s-h-i-t into 1 and save the other. This is what TF is doing.

Posted by WarrenBuffett8888 > 2023-03-06 16:56 | Report Abuse

patience will get reward....hold tight your seat belt

Posted by zhen wei & JP > 2023-03-07 00:43 | Report Abuse

Road to recovery 2028.

Posted by StartOfTheBull > 2023-03-07 09:17 | Report Abuse

You can wait in 2028 then.

Posted by troy88 > 2023-03-07 09:18 | Report Abuse

Bound to climb back to at least 90 cents

Posted by Mtrade > 2023-03-07 09:19 | Report Abuse

Buy airasia! It’s the only counter who hasn’t recover since pandemic!

Posted by Mtrade > 2023-03-07 09:20 | Report Abuse

Buy buy buy to rm1

Posted by Mtrade > 2023-03-07 09:20 | Report Abuse

Pn17 will gone for sure!

Posted by StartOfTheBull > 2023-03-07 09:23 | Report Abuse

Air tickets are very expensive these days.

Posted by Mtrade > 2023-03-07 09:25 | Report Abuse

Seems big funds are covering their shorts on airasia because they kno airasia will be out of PN17 by April. Sure insider got news that’s why both CAPITALA AAX got big movement

Posted by ikanbiliskering > 2023-03-07 09:34 | Report Abuse

SAPU before too late

Posted by Sslee > 2023-03-07 09:41 | Report Abuse

AAX alteady restructute the debts where everyone get a big hair cut in order to start anew on the balance sheet.

CapitalA if without debt restructure where everyone take a big haircut how to start anew with a clean balance sheet.

CaitalA balance sheet as at 31/12/2023.
Total equity: RM (9,427,491,000)

Posted by Sslee > 2023-03-07 09:43 | Report Abuse

One thing for sure CapitalA will not be out of PN17 by April 2023.

Posted by Cakes Moon > 2023-03-07 09:45 | Report Abuse

Airasia is going up!!!

Posted by zhen wei & JP > 2023-03-07 09:47 | Report Abuse

Mark my territory X.

Posted by shiji93 > 2023-03-07 10:18 | Report Abuse

huat if can break 0.780

Posted by speakup > 2023-03-07 10:25 | Report Abuse

If break 78, will hit 85

Posted by ikanbiliskering > 2023-03-07 10:36 | Report Abuse

grab it before too late, rm1 very soon

Posted by 8u29song > 2023-03-07 10:40 | Report Abuse

go go go RM1...

Posted by troy88 > 2023-03-07 10:42 | Report Abuse

many bilis playing to eat nasi lemak. Later when it flies they will be chasing high..

Posted by StartOfTheBull > 2023-03-07 10:46 | Report Abuse

And then the forum will be crowded again. LOL

Posted by Ahboy96 > 2023-03-07 11:24 | Report Abuse

finally there's movement

Posted by anisayob > 2023-03-07 11:24 | Report Abuse

Why this share move up suddenly ya? Quarter report lambat lg kan...

Posted by dietrichbonhoeffer > 2023-03-07 11:57 | Report Abuse

Target price 3.50

Posted by LGMGL > 2023-03-07 14:47 | Report Abuse

SSlee is a CapitalA hater... I think he lost a lot of money in CapitalA shares during MCO.. Maybe lahh, he played margin until lose all his hard-earned money... Now he got nothing better to do than to criticise CapitalA everyday. :D

Posted by WarrenBuffett8888 > 2023-03-07 14:59 | Report Abuse

fly fly fly....above rm1 soon...

Posted by StartOfTheBull > 2023-03-07 15:00 | Report Abuse

He maybe shorting it now, who knows?
------------------
Sslee

850 posts

Posted by Sslee > 5 hours ago | Report Abuse

One thing for sure CapitalA will not be out of PN17 by April 2023.

Posted by tonygofly > 2023-03-07 15:13 | Report Abuse

Capital A ready to fly out from PN17 !

Posted by StartOfTheBull > 2023-03-07 15:20 | Report Abuse

Haters will surely be outnumbered by the people.
----------
https://www.thestar.com.my/news/nation/2023/03/07/airasia-to-add-11400-fixed-fare-seats-to-sabah-sarawak-for-hari-raya

Posted by Cakes Moon > 2023-03-07 16:42 | Report Abuse

AAX move faster as compared to Capital A now!!!
I entered wrong counter!!!

Posted by ykyew11 > 2023-03-07 22:21 | Report Abuse

Does anyone remember CGS-CIMB gave a price target of RM0.09 to Capital A about a year ago lol, wonder why they stopped giving ratings after that

Posted by speakup > 2023-03-07 22:24 | Report Abuse

that analyst probably fired d

Posted by mf > 2023-03-08 00:31 | Report Abuse

Dow Jones

Dow Jones Industrial Average

33,094.62

-336.82

1.00%

Nasdaq

NASDAQ Composite

11,581.41

-94.32

0.80%

Posted by The_JQuestion > 2023-03-08 00:52 | Report Abuse

cup and handle ready to breakout !! fly like airasia oh yeah

Posted by anisayob > 2023-03-08 07:27 | Report Abuse

It does looks like it's going to be a cup... InshaaAllah...

Posted by Sslee > 2023-03-08 07:47 | Report Abuse

No worries, sooner rather than later CapitalA need an AAX style debts restructure with capital reduction, share consolidation and every RM 1 debt become RM 0.1 debt.
IN THEORY RM 0.09 coming.


Does anyone remember CGS-CIMB gave a price target of RM0.09 to Capital A about a year ago lol, wonder why they stopped giving ratings after that

Posted by ykyew11 > 2023-03-08 08:17 | Report Abuse

Guys I think we may have found that analyst @Sslee, no wonder so much time to post la after getting fired hahaha

Posted by Sslee > 2023-03-08 09:14 | Report Abuse

The Group reported a net profit of RM172.4 million in 4Q2022 as compared to a net loss of RM914.7 million in 4Q2021. The current quarter recorded a shareof profit of RM166.5 million from associates and foreign exchange gain of RM207.8 million due to the appreciation of local currencies against the USD during the quarter.

Since I am free, Let me explain what it mean by foreign exchange gain of RM207.8 million due to the appreciation of local currencies against the USD during the quarter

If CapitalA liabilities in USD 2 billion and at 30/9/2022 USD exchange rate is 4.50 in the BS that liabilities is equivalent to RM 9 billion.
On 31/12/2022 the USD exchange rate is 4.40 (appreciation of local currencies against the USD)
Hence in the BS the liabilities is equivalent RM 8.8 billion. Foreign exchange gain of RM 200 million.

Due to aggressive USD interest hike if by 31/3/2023 USD appreciated to 4.60 then in BS as at end 31/3/2023 the liabilities of USD 2 billion will now equivalent to RM 9.2 billion. A foreign exchange loss of RM (9.2 - 8.8) billion.

Posted by shiji93 > 2023-03-08 10:04 | Report Abuse

Huat a! next roadblock 0.8

Posted by troy88 > 2023-03-08 10:11 | Report Abuse

Uptrend will only get stronger!

Posted by StartOfTheBull > 2023-03-08 10:12 | Report Abuse

No worries, it have to catch up with its sister company.

Posted by shiji93 > 2023-03-08 10:24 | Report Abuse

Just curious which big boi is sapu-ing all the lots.

Posted by Cakes Moon > 2023-03-08 10:26 | Report Abuse

Capital A faster reach RM1 please!!!

Posted by curiousq > 2023-03-08 10:31 | Report Abuse

is a very exciting stock

Posted by BobAxelrod > 2023-03-08 10:32 | Report Abuse

Dun mind this kid...he would have an orgasm just watch fireworks in the sky.

Posted by curiousq > 2023-03-08 10:36 | Report Abuse

This Babi.rod like to see other losing money, very evil thing!!

Posted by curiousq > 2023-03-08 10:38 | Report Abuse

very toxic material !!

Posted by Mtrade > 2023-03-08 10:43 | Report Abuse

"The shares consideration, received in exchange for the disposal, will then be distributed to Capital A shareholders so that they will retain a direct interest in the aviation businesses via AAX following the restructuring," he said.
https://www.nst.com.my/amp/business/2022/11/856021/capital-seeks-extension-time-submit-finalised-pn17-regularisation-plan

Posted by Mtrade > 2023-03-08 10:43 | Report Abuse

We will get direct interest in AAX means we will be distributed with shares too ! buy buy buy Capitala will bcome rm1 soon

Posted by Mtrade > 2023-03-08 10:44 | Report Abuse

Everybody pls share this news out so sssLee can shut his mouth out( apparently he lost a lot money in air Asia) lol