Hi SSlee. My guidance in spending and investments are based on %. I studied investment and financial planning in my 20s. As per financial planning, you could allocate maximum 10% of your investment in speculative stocks for higher than average gains. I knew this theory in my 20s but then it had always been 100% speculative stocks for me. I wanted fast money, can't wait. Well, my ending was obvious. Not only did i lost 100%, i was in debt of RM200k before i was 30 years old from contra loss. That was then. As of now, my equities consist of 60% in REITs with an average yield of 6% nett. 30% cash (Since i believe market would go lower), and 10% in stocks i won't yet consider speculative (Even CapitalA). You raised valid arguements, i didn't bother to look into it. And i won't insist that CapitalA would get out of PN17 unscathed. I bought CapitalA for few reasons below. 1. I have traded CapitalA or AA for at least 6-7 times to date without a loss. Holding time frame range from weeks to 1 year plus and minus. % gain from 2% to more than 100%. It seems to be my lucky counter. 2. I am prepared for a loss of 40%. As for gains, depends on how well the regularization is. 3. Short term, CapitalA's profit growth only gonna continue. (i paid double for my Dec 2022 and Dec 2023 Japan trip compared to before pandemic) 4. I like the fact that regularisation plan is months away. That's when volatility is high.
Btw. Another PN17 company, Sapura Energy. Since 2020 till recently, Sapura was forbidded to participate in tender of Petronas projects due to their financial position. Recently, Sapura Energy again can participate in tender of Petronas projects. I don't know what regularisation plan they have, but the sign sounds positive for me. Don't you think?
AAX is a real problem now.... cap A was doing well on friday if not for aax sure uptrend able to withstand pressure good sign ! Stony show us power , takeoff again !
The_JQuestion AAX is a real problem now.... cap A was doing well on friday if not for aax sure uptrend able to withstand pressure good sign ! Stony show us power , takeoff again ! 27/03/2023 12:46 AM
That Friday the volume was great. After that the volume subside ..not enought to push up..
Sslee Thank you Windy1974, I too have one lucky counter I trade often Armada. 26/03/2023 6:34 PM
Haha last week Mabel re enter Armada after locking fantastic profits in the previous rally.
Today Mabel accumulate another batch at 60 sen. Tomorrow will try to collect at 59.5 and 59 sen. Unfortunately, Armada is currently bullish trading above 50, 100 and 200 MA which is a nice problem to have..
This Battleship has never fail to give Mabel countless orgasms..just like Air Asia..
Meow Meow Meow
Stock: [ARMADA]: BUMI ARMADA BERHAD
Mar 24, 2023 12:10 PM | Report Abuse
Thank you for matching Mabel's Queue to re-enter at 60.5 sen..
Since when Stony got the Sir title??? S is Snakey for Stony because AA cancelled flights very hard to get money back??? This is the infamous image AA acquired since year 2020??? Blink Blink
Hi hi sslee.. You still got collecting CapA on lower price? Let me know again ok i already stop collect on below 0.75 already. Let us know ya, will follow you to hold the stock. Thank
Do your math how many billions debts need to transfer to AAX so that CapitalA balance sheet can get out of PN17.
Pursuant to paragraphs 8.04(2) of the Listing Requirements, where a listed issuer triggers any one or more of the following Prescribed Criteria it must comply with the provisions of paragraph 8.04 and this Practice Note 17: ​ ​ ​ ​ ​(a) ​the shareholders' equity of the listed issuer on a consolidated basis is 25% or less of the issued and paid-up capital (excluding treasury shares) of the listed issuer and such shareholders' equity is less than RM40 million;
The group plans to announce the details of its PN17 regularisation plan by mid-April 2023 with completion expected by end-3Q 2023. Once this is completed, the group plans to divest its aviation group to AirAsia X in exchange of shares for subsequent distribution to its shareholders.
hello!!!! cerita belum habis. Let us all wait for the outcome of the regularisation plan and you shall see how dumb is the 'dumb gang" who think they know everything. mereka bukan owners bah........ ha ha ha
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DickyMe
12,925 posts
Posted by DickyMe > 2 months ago | Report Abuse
I expect CapitalA to pay off it's debts in 2nd quarter of 2025 (conservative).