Posted by SRahman > 2023-06-23 17:24 | Report Abuse

Tunggu lah berita rasmi diumumkan. Mungkin akan pecah 80 sen kemudian

Posted by Mabel > 2023-06-26 09:54 | Report Abuse

#EatCoconutCanWin This company is like last time MAS airline, will delisted after 2024 at 0.27sen
22/06/2023 2:30 PM

Haha AA will never be like MAS...

Mabel collect alot of MAS shares before delisted and sold at decent profits back to Khazanah. Here lies the difference...

Khazanah only think about making profit and not so much about survival. Luckily Asia Asia is not back up by Khazanah but by commercial bank and rich conglomerate in Malaysia and Asean...

AA is more likely to follow Mabel's Singapore Airlines. This year beside rewarding their shareholders with fabulous capital gain and dividend, they also reward their staffs with 8 months bonus..

Current price is oledi a bonus.. Imagine if it fly to RM 1..

To Our Success !

Captain Mabel Meow

Posted by EggsyT > 2023-06-27 16:29 | Report Abuse

clock is ticking

Posted by Johnngg > 2023-06-28 10:57 | Report Abuse

fasten seat belt ... take off very soon...

Posted by The_JQuestion > 2023-06-28 13:11 | Report Abuse

this Co will nvr go bankrupt la... business so steady ,, pn17 is just accounting issue as Stony said . Just let them wayan2 and eventually pn17 will be history

Posted by The_JQuestion > 2023-06-28 13:35 | Report Abuse

three insurance companies to intervene in Malaysia Competitions Commission (MyCC) review of another apex court panel’s decision concerning its appeal to reimpose RM10m fines on AirAsia and Malaysia Airlines Systems Bhd.
Gov will always be on their side .... moreover Mr. loke !!

Posted by richie9966 > 2023-06-28 15:48 | Report Abuse

leaving pn17 then can fly !

Posted by gundabhai > 2023-06-28 16:25 | Report Abuse

It won't leave pn17 - next step request extension to submit plan again.....just run now

Posted by Huat 888 > 2023-06-28 22:31 | Report Abuse

goin to fly anytime, join the plane before too late

Posted by Gv3990 > 2023-06-28 22:58 | Report Abuse

Three investors of AAX's latest share placement make handsome gains:: https://theedgemalaysia.com/node/672953

Posted by Sslee > 2023-06-29 09:42 | Report Abuse

Capital A is expected to submit its regularisation plan by next Friday (July 7).

The plan that has been made known to the public involves Capital A injecting its aviation business into AAX via an issuance of shares.

Most likely come and gone july7 another application for 6 months extension.

Posted by gundabhai > 2023-06-29 11:24 | Report Abuse

So with this injection to AAX, what will happen. Both go down? Capital A down, Aax down? Or either one

Posted by gundabhai > 2023-06-29 11:25 | Report Abuse

Extension request for sure. And down goes capital A. Sell my advise

Posted by Johnchew5 > 2023-06-29 11:40 |

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Posted by Johnchew5 > 2023-06-29 11:45 |

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Posted by Johnchew5 > 2023-06-29 11:46 | Report Abuse

>> Referenced to Latest QR dated Dec 2022 :

A) Aircrafts maintenance provisions and liabilities = RM 6.44 Billion


B) Lease Liabilities = RM 15.01 Billion



C) Borrowings = RM 2.91 Billion


—


> Referenced to QR dated March 2023 : 



A) Aircrafts maintenance provisions and liabilities = RM 5.97 Billion 




B) Lease Liabilities = RM 14.91 Billion 





C) Borrowings = RM 2.91 Billion

Posted by Sslee > 2023-06-29 12:22 | Report Abuse

https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=MYR

1 USD = 4.67147 MYR
Jun 29, 2023, 04:16 UTC

What will happen to CapitalA borrowing, lease and aircrafts maintenance in USD?

Coming quarter end 30th June 2023 what will be realized and unrealized foreign currency losses? How many RM hundreds million?

Posted by Johnchew5 > 2023-06-29 14:05 |

Post removed.Why?

Posted by Johnchew5 > 2023-06-29 14:06 | Report Abuse

>> Referenced to Latest QR dated Dec 2022 :

A) Aircrafts maintenance provisions and liabilities = RM 6.44 Billion

Referenced to QR dated March 2023 : 



A) Aircrafts maintenance provisions and liabilities = RM 5.97 Billion 


Posted by Sslee > 2023-06-29 16:25 | Report Abuse

Current lease liabilities: RM 4,425,518,000
Current aircrafts maintenance: RM 441,089,000
Current trade and other payables: RM 2,936,242,000
Current amount due to associates: RM 359,096,000
Current amount due to related parties: RM 275,443,000
Current borrowing: RM 513,640,000
Sales in advances: RM 1,546,450,000

So in 12 months time if you do not pay these IOU amt to lessors/trade, maintenance and sevices suppliers/bankers/ associate companies/related parties and provide the promised flight services to sales in advance customers then what will happen?

Posted by i3lurker > 2023-06-29 16:31 | Report Abuse

sslee
you are so collect collect collect
its looks like liabilities
its sounds like liabilities
Its actually not liabilities
=> Its a Donation

in real life thats what happens

Everybody says its all a donation to Stony, just like your plane tickets you refused to get refunds.

Posted by StartOfTheBull > 2023-06-30 09:15 | Report Abuse

S s Le has mistaken that AirAsia's "free seat" promotion all seats and all flights during the promotion period were selling at RM0.00 excluding fuel surcharge, handling charge, airport tax and miscellaneous charges. 😄😄😄

Posted by Mabel > 2023-06-30 10:23 | Report Abuse

Haha Capital A already breaches 80 sen...81 sen...

Mabel average holding cost is 76 sen...

Just like Sap, as long you holding is below your holding cost, there is nothing to fear..

Beside,

https://theedgemalaysia.com/node/672923

PNB has 40% stake in integrated upstream player Sapura Energy Bhd.

PNB still holding 87% of RCPS-I exercise value 0.41, expiry date Jan, 2024.

PNB`s for this RCPS-I RM 1 billion via holding via Amanah Saham Fund.

Sapura Energy Bhd’s recent contract wins of RM1.4bil will help bring stronger profits in the second half of its financial year 2024 (2H24) on the back of more lucrative engineering and construction (E&C) works and new rig contracts.

Like that Mabel will continue Goyang Kaki...

Meow Meow Meow

Posted by Mabel > 2023-06-30 10:23 | Report Abuse

Thanks God we have so many nice Uncles and Aunties in Sap and Captal A..hihihi..

CheriMeow

Posted by gundabhai > 2023-06-30 11:34 | Report Abuse

Many people goy in at 81.5 and 82....now dropping back....careful people....this is sick

Posted by Nhamir > 2023-06-30 12:17 | Report Abuse

@gundabhai hahah, this not sick but profit and mine profit

Posted by EatCoconutCanWin > 2023-06-30 12:27 | Report Abuse

Don't itchy hand

Posted by gundabhai > 2023-06-30 12:29 | Report Abuse

@Nhamir happy for you....but those bought at 0.82....not looking good. Its a trap

Posted by Mabel > 2023-06-30 12:39 | Report Abuse

Haha Sap and Capital is the Biggest gainer today beating Mabel's 3 banks and Blue Chips..

Mabel feels so blessed...

Life is so beautiful when you have so many nice Uncles and Aunties in Sap and Captal A..hihihi..

Posted by The_JQuestion > 2023-06-30 15:43 | Report Abuse

still looking good .......

Posted by gundabhai > 2023-06-30 16:03 | Report Abuse

What is looking good? Change your glasses.....the game is over. Down from now on

Posted by Mabel > 2023-06-30 16:32 | Report Abuse

Haha Bursa down by 17 points..

Capital A and Sap so steady..

Meow Meow Meow

Posted by The_JQuestion > 2023-06-30 19:20 | Report Abuse

delay 2 months means the goreng will now be turned into what the Q2 results will be .... dont be surprised !! 3rd wave suda mari ! goyang kaki tgk wayang only for collectors

Posted by Sslee > 2023-06-30 19:37 | Report Abuse

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS
CAPITAL A BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
Description APPLICATION FOR EXTENSION OF TIME FOR SUBMISSION OF A PROPOSED REGULARISATION PLAN TO BURSA MALAYSIA SECURITIES BERHAD
Reference is made to the Company’s announcements dated 8 July 2020, 27 May 2021, 7 January 2022, 13 January 2022, 14 January 2022, 3 February 2022, 1 March 2022, 1 April 2022, 5 May 2022, 1 June 2022, 1 July 2022, 1 August 2022,1 September 2022, 3 October 2022, 1 November 2022, 4 November 2022, 29 November 2022, 1 December 2022 and 21 December 2022, 3 January 2023, 2 February 2023, 27 February 2023, 1 March 2023, 4 April 2023, 2 May 2023, 1 June 2023 and 15 June 2023 (“Announcements”).

On behalf of the Board of Directors of the Company, RHB Investment Bank Berhad wishes to announce that the Company had on 30 June 2023 submitted an application to Bursa Malaysia Securities Berhad (“Bursa Securities”) for an extension of time of an additional period of 3 months until 7 October 2023 for the Company to submit its regularisation plan to Bursa Securities.

This Announcement is dated 30 June 2023.

Posted by Sslee > 2023-06-30 19:41 | Report Abuse

Now you know what I mean if Stony' word can be trusted, pigs might fly.

Posted by gundabhai > 2023-06-30 20:01 | Report Abuse

Ehem ehem

Posted by Johnchew5 > 2023-06-30 22:08 |

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Posted by Johnchew5 > 2023-06-30 22:10 |

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Posted by The_JQuestion > 2023-06-30 22:10 | Report Abuse

sslee miss the train now he sad... he cannot ask ppl sell so he can intra so he can win alone

Posted by Johnchew5 > 2023-06-30 22:11 |

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Posted by Johnchew5 > 2023-06-30 22:13 |

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Posted by Johnchew5 > 2023-06-30 22:17 |

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Posted by Johnchew5 > 2023-06-30 22:22 | Report Abuse

Time to accumulate shares of offshore champions"
NST Wed, Jun 28, 2023 08:19am -


KUALA LUMPUR: Analysts projecting continued weakness in the local stock exchange into the third quarter of 2023 are recommending investors start accumulating shares, especially those offshore champions that provide defense against domestic political and economic headwinds.

"We advocate accumulating during this weakness as toppish Federal Fund Rate-Overnight Policy Rare spreads are in sight (we're betting by September) – this could mark a turning point for the ringgit and local bourse heading into fourth quarter of 2023."

"Once the polls are done and dusted, this provides the unity government with a decent runway as the next election will not be due until 4Q25 giving it sufficient time to push through the necessary economic reforms," Hong Leong Investment Bank (HLIB) said in its note.

HLIB's year-end FBM KLCI target stands at 1,530 points.

"We expect ringgit's depreciation to continue in 3Q23, before recovering in 4Q23 to end the year at 4.40 to the dollar (2023 average: 4.56)," the research firm added.

Maybank Investment Bank Bhd (Maybank IB) asked investors to broaden their horizons from exporters in the glove and technology sectors into other sectors that now have their own offshore champions that provide defensiveness vis-àvis domestic political and economic headwinds.

Once-homebody construction and property giant Gamuda Bhd has had spectacular success building up offshore construction exposure judging by its ouperforming 3QFY23 results, and outstanding order book that is at a record RM21.5 billion, of which less than 30 per cent are in Malaysia.

Oil & gas major Yinson Holdings Bhd is positioned to leverage the global floating, production, storage and offloading (FPSO) market upcycle while at the same time steadily accumulating a portfolio of offshore renewable energy assets.

Other externally-driven / focused companies that are among its picks include Press Metal Aluminium Holdings Bhd(aluminium smelting), Capital A Bhd (regional low-cost airline) and Mega First Corporation Bhd (Indochina green energy).

Posted by Johnchew5 > 2023-06-30 22:23 | Report Abuse

Hoho Capital A is one of the Picks :


Other externally-driven / focused companies that are among its picks include Press Metal Aluminium Holdings Bhd(aluminium smelting), Capital A Bhd (regional low-cost airline) and Mega First Corporation Bhd (Indochina green energy).

Posted by Johnchew5 > 2023-06-30 22:29 |

Post removed.Why?

Posted by StartOfTheBull > 2023-06-30 22:36 | Report Abuse

Sot2 Lee disparately wish CapA die. The fact is he didn't take the opportunity to load some CapA share at the price of 70c.

Posted by Sslee > 2023-07-01 00:10 | Report Abuse

So the PN17 regularisation plan from:
1.The Group expects to announce the finalised regularisation plan to Bursa Malaysia Securities in January 2023 and followed by submission for approval targeted in February 2023.
2.We have a robust plan in place and aim to have a full submission of the regularisation plan in April 2023 after finalising the audit and valuation of entities involved.
3. The revised timeline involves full submission in July 2023, with our execution plan commencing in quarter four upon obtaining all required approvals from Bursa Malaysia and relevant authorities.
4.On behalf of the Board of Directors of the Company, RHB Investment Bank Berhad wishes to announce that the Company had on 30 June 2023 submitted an application to Bursa Malaysia Securities Berhad (“Bursa Securities”) for an extension of time of an additional period of 3 months until 7 October 2023 for the Company to submit its regularisation plan to Bursa Securities.

CEO of Capital A, Tan Sri Tony Fernandes’ comments on the Group’s outlook:

On the Group’s Practice Note 17 (“PN17”) status, we have made the decision to revise the announcement date due to the requirements to incorporate the latest FY2022 audited figure into the plan. The process is essential to ensure that our financial results accurately reflect our performance and strategic direction. We appreciate the understanding and patience of all our stakeholders during this adjustment period. The revised timeline involves full submission in July 2023, with our execution plan commencing in quarter four upon obtaining all required approvals from Bursa Malaysia and relevant authorities.

On the Group’s Practice Note 17 (“PN17”) status, the Group has been granted a six month time extension from Bursa Malaysia Securities Berhad to submit a remedy plan. We have a robust plan in place and aim to have a full submission of the regularisation plan in April 2023 after finalising the audit and valuation of entities involved. Closing the year with this record profit, our post-Covid performance is a strong testament that the Group is making exceptional progress towards recovery and is well-positioned for further significant growth in 2023. I have full confidence that we will be able to emerge from the PN17 status stronger than ever, and we are highly committed to secure the necessary approvals including from Bursa Malaysia Securities within the required timeframe.

KUALA LUMPUR, 29 November 2022 - Capital A Berhad (formerly known as AirAsia Group Berhad) (“Capital A” or “Group”) has announced that it is seeking an extension of time from Bursa Malaysia Securities Berhad to submit a holistic regularisation plan to remedy its Practice Note 17 (“PN17”) status. The Group expects to announce the finalised regularisation plan to Bursa Malaysia Securities in January 2023 and followed by submission for approval targeted in February 2023.

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.

Posted by The_JQuestion > 2023-07-01 00:23 | Report Abuse

sslee how many times can extend... extend one year two years ?? 3 years??? as long as company dont default correct it can be forever?

Posted by Johnchew5 > 2023-07-01 00:27 |

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Posted by Johnchew5 > 2023-07-01 00:32 |

Post removed.Why?