Posted by speakup > 2023-03-18 16:01 | Report Abuse

Judging by his investment in Insas, Sslee is hardly a gambler. On the contrary I would say he is quite the opposite. Very conservative.

Posted by Sslee > 2023-03-18 19:24 | Report Abuse

Trust no one but the figure. People lie, figures will not lie, but “liars will figure.”

In 4Q2022:
Aviation: Recorded a segmental revenue of RM2.1 billion and positive EBITDA of RM598 million. This was mainly attributed to the surge in international travel, which led to the resumption of former existing routes and the introduction of new routes where forecast demand is strongest.

Just to boost about EBITDA of RM598 million, CapitalA hide the Aircraft operating lease expenses and finance cost of lease liabilities as Finance cost and not in Operating cost.

The adoption of MFRS 16 has the following impact:

i) On the Consolidated Income Statement, expenses which were previously included under aircraft operating leases will be replaced by finance costs – lease liabilities and depreciation of right of use asset;


Depreciation on right of use asset
Quarter ended 31/12/2022 RM million: Quarter ended 31/12/2021 RM million
Operating aircraft 220.0 :141.2
Non-operating aircraft 93.9: 246.6
Others 1.3 :18.4
Total: 315.2 :406.2
(ii) Finance costs - lease liabilities
Quarter ended 31/12/2022 RM million: Quarter ended 31/12/2021RM million
Operating aircraft 168.0:58.1
Non-operating aircraft 92.4: 98.7
Total: 260.4:156.8

Posted by fromfuture > 2023-03-18 19:49 | Report Abuse

Sslee is a troll who speak non sense and doesn't understand accounting. Ignore him at all costs.

Posted by Sslee > 2023-03-18 20:07 | Report Abuse

With aircraft operating leases of RM 315.2 million and Finance costs (interest payment)- lease liabilities of RM 260.4 million per quarter.

How much profit can multi-millions free seats promotion and seat sales will bring to CapitalA? How much Capitals must earn to serve the lease liabilities pricipal and interest and for how long?

Note: Quarter ended 31/12/2022
Net profit of RM 172,357,000 because of
Foreign currency gain RM 207,722,000
Share of profit of associate: RM 166,495,000
And

Maintenance and overhaul
(i) Included in the maintenance and overhaul for the quarter was a reversal of provision of maintenance which amounted to RM 233 million arising from change in estimates,lease restructuring and redelivery of aircraft.

(ii) Other operating expenses
Included in the other operating expenses for the quarter was a reversal of impairment on ROU assets previously provided, which amounted to RM160.8 million and impairment on investment securities and receivables of RM53.3 million.

(iii) Other income
Other income mainly includes commission and advertising income, forfeited revenue,insurance claims and management fee for provision of shared services to associates.

Posted by The_JQuestion > 2023-03-18 23:29 | Report Abuse

Noted sslee thats why they are going to have 200 of their planes back flying ... that will be another key news !! only good news ahead risk is low upside is so much ! look at AAX , getting out of pn17 will boost confidence on capA as well ... noted and flyyyyyy like airasia

Posted by i3lurker > 2023-03-18 23:41 | Report Abuse

sslee
you are wasting your time
Fanboys believe RM10 billion can be earned at the speed of corruption via TT from
2MDB via routing from Somalia,
3MDB via routing from Afghanistan
and
4MDB via routing from North Korea

Posted by i3lurker > 2023-03-19 00:07 | Report Abuse

sslee
I figure I can make back RM10 billion from selling nasi lemak menu ramah.
If I do that I agree to donate RM10 Billion to CapA
one way is to sell my nasi lemak menu ramah company at great personal sacrifice to Jaks for RM 10 Billion.

Standby for company announcements

Posted by Income > 2023-03-19 07:46 | Report Abuse

Sslee addiction to Stony stocks???

Posted by Sslee > 2023-03-19 08:29 | Report Abuse

Good morning i3lurker,
Maybe it is more fancy and logical if Stony and ALP can work together for Jaks to buy over CapitalA avition for RM 15 billion by issuing 50 billion Jaks share to CapitalA.

Jaks will then book the 24 billion goodwill as non current asset and provide for impairment loss on goodwill of 240 miliion yearly for the next 100 years.

Posted by CapitalB > 2023-03-19 11:24 | Report Abuse

I had to restudy my english cos totaly cant undestnd what the sslee writing above. ... But anyway let me know when the time to buy in CA= timing to sell off all my in hand stock..thank...

Posted by The_JQuestion > 2023-03-19 11:34 | Report Abuse

Meowwww 10 bil only??? Revenue per year also HIGHER , at 12.5 bil!!!AA highest earning is 2 bil in a year. only need 5 good years to clear the debt... SImpleeee tony say apa pn17 Tomorrow stony will show power of take-off no turbulence!!

Posted by Income > 2023-03-19 12:22 | Report Abuse

Sslee is a master in AA…

Posted by DickyMe > 2023-03-19 12:29 | Report Abuse

SSLee failed to realise that AA/CapitalA is making revenue unlike during lockdown period when it was big fat ZERO. If you believe in numbers check it again and see where the differences are occurring. Revenue is indeed changing, what else, find out!
As for the debt, it will vanish unless licence to operate is revoked.

Posted by kktan63 > 2023-03-19 14:20 | Report Abuse

AA will be getting better

Posted by Mtrade > 2023-03-19 14:45 | Report Abuse

UPDATE for my Bangkok flight back to KL with air Asia: 100%full load in afternoon flight no empty seats lol

Probably everybody flying back to work. But my inbound flight was 98% full too on weekdays!!

Capitala free seats seems working very effective and every flight air Asia is flying is actually CASH GENERATING machine!

Posted by Mtrade > 2023-03-19 14:47 | Report Abuse

Sslee can go f*** himself since he has no life everyday so pessimistic about air Asia. Why? Because he bought a lot before pandemic and he lost all his money.

Say grapes is sour when he can’t get the grapes

Posted by Sslee > 2023-03-19 14:47 | Report Abuse

Revenue
Group
2018: 2017
RM’000: RM’000
Passenger revenue
- seat sales: 7,656,780: 6,859,805
- others: 1,840,494: 1,668,939
Freight services: 292,121: 189,428
Aircraft operating lease income: 848,901: 991,549
Total: 10,638,296: 9,709,721

Other passenger revenue includes ancillary income such as baggage fees, assigned seats, cancellations, documentation and other fees, and on-board sale of meals and merchandise

Other income
Group
2018: 2017
RM’000 RM’000
Gain on disposal of property, plant and equipment 298,816: 64,281
Gain on disposal of investment in a subsidiary 350,317: -
Gain on disposal of investment in a joint venture - :167,688
Fees charged to associates providing commercial air
transport services 74,291: 76,310
Fees charged to related parties providing commercial
air transport services 40,235: 30,467
Dividend income from a related party 3,078: 5,336
Aircraft wet lease income 76,928: 187,298
Others 349,611: 267,926
1,193,276: 799,306
Other income (“others”) includes commission income and advertising income.

So post covid will capitalA revenue still able to have:
2018:2017
RM'000:RM'000
Aircraft operating lease income: 848,901: 991,549
And
Others income: gain on disposal of PPE/investmentin subsidiary/JV and free charged to associates and related parties.

Without above lease and others income is CapitalA aviation still able to make profit of billion???

Note: Without above AA 2019 make a net loss of RM(283,223,000) with revenue of RM 11,860,403,000

Posted by The_JQuestion > Mar 19, 2023 11:34 AM | Report Abuse
Meowwww 10 bil only??? Revenue per year also HIGHER , at 12.5 bil!!!AA highest earning is 2 bil in a year. only need 5 good years to clear the debt... SImpleeee tony say apa pn17 Tomorrow stony will show power of take-off no turbulence!!

Posted by Mtrade > 2023-03-19 14:47 | Report Abuse

:)

Posted by Mtrade > 2023-03-19 14:49 | Report Abuse

aairaisa flight is full almost everyday!!! Can’t wait to see q1 2023 QR report! China visa is open everybody will go to china travel!!! Q1 CNY
Q2 Hari Raya
Holiday season make everyone fly!

Posted by WarrenBuffett8888 > 2023-03-19 15:03 | Report Abuse

hold tight your seat belt....next week will reach at least 0.95....

Posted by Sslee > 2023-03-19 15:14 | Report Abuse

Load factor.
At 87%, AirAsia Malaysia’s 4Q2022 load factor improved by 1 ppt from the preceding quarter and 5 ppts from 4Q2019.

Posted by jackjason > 2023-03-19 15:16 | Report Abuse

price push up more likely related to right issue to get the better selling price.
airline business always not the good invest target. Tony just use the magic to swap the debt become look nice in report

Posted by Mtrade > 2023-03-19 16:23 | Report Abuse

Air Asia super app has big potential plus it is earning money unlike grab foodpanda, airasia ride, air Asia delivery, teleport courier service in ASEAN using its own air Asia flight. Connectivity is even better than dhl fedex

Posted by Mtrade > 2023-03-19 16:24 | Report Abuse

This kind of business model can bring Capitala to rm2 let’s go

Posted by Sslee > 2023-03-19 17:25 | Report Abuse

Super App EBIDTA of positive RM 0.1 million with Revenue of RM 138 million mean has big potential.

Should I laugh or cry when someone say teleport connectivity is even better than dhl fedex???

Posted by Mtrade > Mar 19, 2023 4:23 PM | Report Abuse
Air Asia super app has big potential plus it is earning money unlike grab foodpanda, airasia ride, air Asia delivery, teleport courier service in ASEAN using its own air Asia flight. Connectivity is even better than dhl fedex


airasia Super App: Reported its third consecutive quarter of EBITDA positive at RM0.1 million on the back of RM138 million revenue (+36% QoQ). Monthly Active users (“MAU”) grew to 12 million in December 2022, driving higher transactions in 4Q2022 predominantly in travel verticals (AirAsia flights, FlyBeyond and SUPER+) while conversion rate improved to 9% to 11%. The travel vertical remains a key focus in 2023 especially in driving demand and transactions for hotels and rides. As of January 2023, airasia ride has completed more than 3 million rides and expects further growth leveraging the launch of the service in additional key cities in Asean, further expanding its existing market share in the region.

Posted by anisayob > 2023-03-19 19:46 | Report Abuse

Warrenbuffet8888 needs to break 88 sen first...

Posted by Income > 2023-03-19 19:57 | Report Abuse

See what I mean???
Sslee is a master in AA…
But Sslee always quotes my name… haha

Posted by Sslee > 5 hours ago | Report Abuse

Revenue
Group
2018: 2017
RM’000: RM’000
Passenger revenue
- seat sales: 7,656,780: 6,859,805
- others: 1,840,494: 1,668,939
Freight services: 292,121: 189,428
Aircraft operating lease income: 848,901: 991,549
Total: 10,638,296: 9,709,721

Other passenger revenue includes ancillary income such as baggage fees, assigned seats, cancellations, documentation and other fees, and on-board sale of meals and merchandise

Other income
Group
2018: 2017
RM’000 RM’000
Gain on disposal of property, plant and equipment 298,816: 64,281
Gain on disposal of investment in a subsidiary 350,317: -
Gain on disposal of investment in a joint venture - :167,688
Fees charged to associates providing commercial air
transport services 74,291: 76,310
Fees charged to related parties providing commercial
air transport services 40,235: 30,467
Dividend income from a related party 3,078: 5,336
Aircraft wet lease income 76,928: 187,298
Others 349,611: 267,926
1,193,276: 799,306
Other income (“others”) includes commission income and advertising income.

So post covid will capitalA revenue still able to have:
2018:2017
RM'000:RM'000
Aircraft operating lease income: 848,901: 991,549
And
Others income: gain on disposal of PPE/investmentin subsidiary/JV and free charged to associates and related parties.

Without above lease and others income is CapitalA aviation still able to make profit of billion???

Note: Without above AA 2019 make a net loss of RM(283,223,000) with revenue of RM 11,860,403,000

Posted by The_JQuestion > Mar 19, 2023 11:34 AM | Report Abuse
Meowwww 10 bil only??? Revenue per year also HIGHER , at 12.5 bil!!!AA highest earning is 2 bil in a year. only need 5 good years to clear the debt... SImpleeee tony say apa pn17 Tomorrow stony will show power of take-off no turbulence!!

Posted by Income > 2023-03-19 20:16 | Report Abuse

What You Need To Know About the 4 Types of Income.

1) Earned or Active Income. What it is: Earned or Active income is the most common way that people are taught to make money. ...
2) Portfolio or Investment Income. ...
3) Passive Income. ...
4) Inherited Income.

Posted by The_JQuestion > 2023-03-19 21:12 | Report Abuse

i also loss money from keeping cap A waiting covid to recover but it didn't hence, loss big
now is the time to make back that money ... clear for take off , tony the capt take the controls !

Posted by Double4Eleven > 2023-03-19 22:40 | Report Abuse

No names mentioned
But this guy starting to sound like a goreng guy simply goreng words and numbers to sound very detailed and convinving. Haha we have seen many like you come and go. We can clearly see your intention. I mean, either you are shorting big or putting lots of effort for something that gives u nothing. Good luck for tommorow traders.

Posted by Mabel > 2023-03-19 23:04 | Report Abuse

Right now Mabel is monitoring Air Asia whether she can join her Sister, Singapore Airlines.. AA Technical Chart looks beautiful as she’s on a breakout trading above 20,50 and 200 Moving average. Golden Cross appears in late Dec 2022, Jan 2023 and Feb 2023.

The group plans to announce the details of its PN17 regularisation plan by mid-April 2023 with completion expected by end-3Q 2023. The group plans to divest its aviation group to AirAsia X in exchange of shares for subsequent distribution to its shareholders.

Waiting for the right signal to re enter...

Pak tua please press down so that Mabel can re-enter...

Meow Meow Meow

Posted by The_JQuestion > 2023-03-19 23:57 | Report Abuse

Meow is here tony like meow meow like tony we will flyyyyy high like AA ready for airborne meow meow

Posted by Sslee > 2023-03-20 06:49 | Report Abuse

All the figure I present so far is from AA/CapitalA financial report:
As at 31/12/2022
Lease liabilities
The lease liabilities amounting to RM15.0 billion includes deferred aircraft leases of approximately RM2.4 billion. The lease liabilities are supported by ROU assets of RM10.2 billion and finance lease receivables of RM0.4 billion.

The Group had completed the restructuring of a total of 133 aircraft leases up to the date of this report including the waiver of lease rentals in arrears, as well as reducing future lease rates with a corresponding longer lease term, where necessary, and return of aircraft

Below is from someone research finding.
Accusations by GMT Research that Airasia was only profitable due to the leasing of these planes resulting in profit transfers from unprofitable regional Joint Ventures, to the group holding.

Internally, the other joint venture or associate partners did not feel comfortable about this as well, as it could be seen as Airasia Berhad milking the associates for all its worth.

This culminated in the sale of the planes and the leasing business

28 Feb 2018 (Completed 31 Dec 2018) – BBAM Limited Partnership / FLY RM 9,775.6 million and RM 262.3 million (82 Aircraft and 14 Engines)

24 Aug 2018 (Completed 8 August 2019) – Castlelake L.P. USD 739.5 million (RM 3,559.5 million) (25 Aircraft)

25 July 2019 (Completed 31 December 2019) – Castlelake L.P. (RM 1,240 million) (14 Airbus A320-200)

Posted by Sslee > 2023-03-20 07:42 | Report Abuse

As at 31/12/2022
CapitalA net liabilities is RM (9,427,491,000) of which net current liabilities is RM (9,067,503,000).
Current mean within next 12 months CapitalA need to pay this IOU or payment bill or obligation of RM 9,067,503,000. My form 3 bookkeeping understanding is CapitalA Book is like shiiit and going to bankrupt within 12 months time unless debts restructure.

But this guy sound like/look like/smell like a goreng guy simply goreng words and numbers and come out with Meowwww 10 bil only??? Revenue per year also HIGHER , at 12.5 bil!!!AA highest earning is 2 bil in a year. only need 5 good years to clear the debt... SImpleeee tony say apa pn17 Tomorrow stony will show power of take-off no turbulence!!

Posted by henry888 > 2023-03-20 07:46 | Report Abuse

Agreed, unless restructure, especially in this time whilst US dollar is soaring and this company's debt is in US dollar.

Posted by henry888 > 2023-03-20 07:50 | Report Abuse

May be if US dollar collapse, then would be another scenario.....

Posted by Mabel > 2023-03-20 09:42 | Report Abuse

#The_JQuestion Meow is here tony like meow meow like tony we will flyyyyy high like AA ready for airborne meow meow
19/03/2023 11:57 PM

Thank you JQ!

Currently AA is trading above 100 MA. Waiting for MACD to cross the signal line. Mabel target price is to renter at 100 Moving Average.

To Our Success!

Meow Meow Meow

Posted by Mabel > 2023-03-20 09:43 | Report Abuse

Thank you Handsome Sslee for your FA Analysis..

Meow

Posted by The_JQuestion > 2023-03-20 10:05 | Report Abuse

mayb sslee need some cats to accompany him .... he is clueless why the shares are going up unable to understand singing old song dont be trapped in the past kawan .... Everyone can fly , already flown , dont be left behind !!! meow meow

Posted by DickyMe > 2023-03-20 10:10 | Report Abuse

RM 1 immediate target in next quarter.
Current liabilities can turn to Long term based on goodwill and trust( qualitative aspect).
So, rigidity may break some bones.
'Be water, my friend!" quoting Bruce Lee.

Posted by shiji93 > 2023-03-20 10:27 | Report Abuse

Recollected some at 0.820 range, below 0.8 is also a good entry point if youre playing safe but not sure when the shark will start the goreng again!

Posted by Mabel > 2023-03-20 11:14 | Report Abuse

#DickyMe RM 1 immediate target in next quarter.
Current liabilities can turn to Long term based on goodwill and trust( qualitative aspect).
So, rigidity may break some bones.
'Be water, my friend!" quoting Bruce Lee.
20/03/2023 10:10 AM

Haha Dicky..

Why this time no RM 4.50?

Meow

Posted by DickyMe > 2023-03-20 11:41 | Report Abuse

"Haha Dicky..

Why this time no RM 4.50?

Meow"
=================

Foreplay is important!
Instant ejaculation to RM4.50 is not enjoyable.
Slow progression with increasing tempo provides utmost pleasure.
Therefore it's fiddling at RM1 first and as price erects formidably, appreciate shifting gear to arouse all sense to uncontrollable ecstasy.

Posted by Mabel > 2023-03-20 11:42 | Report Abuse

hihihi...

Posted by Sslee > 2023-03-20 11:52 | Report Abuse

Before next quarter out most likely Stony will pour cool water or give you instant ejaculation with his mid April regularisation plan for CapitalA

Posted by HaHassan > 2023-03-20 12:16 | Report Abuse

Kenapa Capital A bergerak lebih lambat drpd AAX?

Posted by BobAxelrod33 > 2023-03-20 12:17 | Report Abuse

Sebab ni buntut berat dan hutang kelebihan.......

Posted by The_JQuestion > 2023-03-20 13:43 | Report Abuse

whatever follow the price up and down get free gains ... meow meow sslee ure right cant fly too fast.... langkawi first ! china and then the USA for highest price !!!

Posted by Income > 2023-03-20 13:54 | Report Abuse

DickyMe, after reading your style of writing like Ernest Hemmingway, I have to relearn my Rusty England la. Haha. Tonight I have to enroll for England language night class. Haha


Posted by DickyMe > 2 hours ago | Report Abuse

"Haha Dicky..
Why this time no RM 4.50?
Meow"
=================

Foreplay is important!
Instant ejaculation to RM4.50 is not enjoyable.
Slow progression with increasing tempo provides utmost pleasure.
Therefore it's fiddling at RM1 first and as price erects formidably, appreciate shifting gear to arouse all sense to uncontrollable ecstasy.

Posted by Income > 2023-03-20 14:03 | Report Abuse

Sebab Capital A Tiada Capital lah.
Sebab maksud namanya hanya ialah Capital Air (Bermodalkan Udara saja).
Capital A = Capital Air… full of hot air only???

Posted by HaHassan > 1 hour ago | Report Abuse
Kenapa Capital A bergerak lebih lambat drpd AAX?