Posted by Newtoshareworld > 2023-07-27 16:43 | Report Abuse

Going to the moon...target Rm 1.60...

Posted by The_JQuestion > 2023-07-27 16:47 | Report Abuse

2.5 - 3 bil revenue coming... all the saliva of bankers are hungry,, that pie is so big billions go through their banks make them so thirsty

Posted by EatCoconutCanWin > 2023-07-27 19:31 | Report Abuse

Another counter earn money after Dr Chong. Hopefully luck come come... TQ

Posted by Mtrade > 2023-07-27 19:41 | Report Abuse

Bursa granted CapitalA for extension till October tmr we fly to RM1

Posted by Sslee > 2023-07-27 19:51 | Report Abuse

Repost:
CAPITALA needs AAX more than AAX needs CAPITALA. As we explained on page 15, AAX is eligible to have its PN17 classification lifted as its shareholders’ equity has already exceeded MYR40.0m and it has delivered 3 consecutive quarters of profits. On the other hand, CAPITALA has not.

CAPITALA has to dispose its short-haul airlines (i.e. 100% of MAA, 45% of TAA, 49% of IAA and 40% of PAA) in exchange for new AAX shares to generate a gain on disposal that will more than neutralise its negative shareholders’ equity which stood at MYR5.55b as at end-1Q23 to lift its PN17 status as well. Thus, we believe that AAX is in a position to negotiate better terms for itself.

AAX likely to be an associate, not a subsidiary of CAPITALA. A common fear among investors we spoke to is that AAX will issue an overwhelming number of new shares to CAPITALA that will dilute the interests of existing AAX shareholders. CAPITALA already owns 13% of AAX. We doubt that AAX will issue new shares to CAPITALA to the point that the latter owns more than 50% of the former. This would mean that AAX becomes a subsidiary of CAPITALA and the latter would have to re-consolidate the negative shareholders’ equity of the short-haul airlines.

Instead, we believe that AAX will issue new shares to CAPITALA but to the point that the latter owns less than 50% of the former. This would mean that AAX becomes an associate of CAPITALA instead which will allow the latter to de-consolidate the negative shareholders’ equity of the short-haul airlines.

According to our calculations, AAX could issue 317.6m new shares or 71% of its existing number of shares to CAPITALA for the latter to raise its ownership of the former to 49% but in the process, AAX’s core net profit will triple. Insummary, the acquisition of CAPITALA’s short-haul airlines ought to be EPS accretive for AAX

My comment: It look like Maybank IB analyst is a better magician than Stony.
With issuing 317.6 million new share of AAX to CapitalA to acquire (100% of MAA, 45% of TAA, 49% of IAA and 40% of PAA). Capital A will then generate a gain on disposal that will more than neutralise its negative shareholders’ equity which stood at MYR5.55b.

So what is he smoking? Stony need one too.

At the end the net liabilities of abt RM 5.55 billions in 100% MAA and share of net liabilities abt RM 3.82 billion in (45% of TAA, 49% of IAA and 40% of PAA) will belong to who??

Posted by DickyMe > 2023-07-27 19:57 | Report Abuse

Moaning of the one who missed the flight due to cock eyed perspective.

Posted by EatCoconutCanWin > 2023-07-27 20:38 | Report Abuse

Under rm1 still can in. Tp2.88 after plan B out

Posted by anisbin > 2023-07-27 21:02 | Report Abuse

Sslee why is it so hard for TF to just submit the regulations plan that bursa wanted already? Bursa says this is the last extension that TF will get...

Posted by sumasuma > 2023-07-27 21:51 | Report Abuse

https://theedgemalaysia.com/node/676357

Posted by sumasuma > 2023-07-27 21:51 | Report Abuse

https://theedgemalaysia.com/node/676357

Posted by Leong938 > 2023-07-27 23:36 | Report Abuse

https://www.klsescreener.com/v2/news/view/1181833

Posted by NatsukoMishima > 2023-07-27 23:41 | Report Abuse

Most dangerous n high risk stock after serba ! Many naive gamblers will be cut vege soon ! Look at aax price before pandemic !

Posted by Mabel > 2023-07-27 23:50 | Report Abuse

Maybank Investment Bank (Maybank IB) Research has reinitiated coverage of AirAsia X, with a “buy” rating at RM1.80 and a target price of RM3.58, adding that post Covid-19, fares are a lot higher and aircraft lease rates are sharply lower relative to pre-Covid times..

Let see if it can break 96 sen tomorrow..

It's been a very good day..

Looking forward for more exciting trade tomorrow..

Meow

Posted by Mtrade > 2023-07-28 00:12 | Report Abuse

https://www.nst.com.my/business/2023/07/935715/airasia-records-strong-passenger-load-factor-q2

Posted by Mtrade > 2023-07-28 00:14 | Report Abuse

AirAsia records strong passenger load factor for Q2
By S Birruntha

Posted by Mtrade > 2023-07-28 00:15 | Report Abuse

Huat ah a another strong operational performance

Posted by Leong938 > 2023-07-28 00:58 | Report Abuse

Cannot eat the grapes say the grapes sour.

Posted by The_JQuestion > 2023-07-28 01:01 | Report Abuse

Normal la greedy ppl like that takda untung don want others to untung ... toxic and selfish !! typical ... mata jeles, merah2

Posted by Sslee > 2023-07-28 07:44 | Report Abuse

On behalf of the Board of Directors of the Company, RHB Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 27 July 2023 resolved to grant the Company an extension of time of 3 months up to 7 October 2023 to submit its regularisation plan to the regulatory authorities.

The extension of time is without prejudice to Bursa Securities' right to proceed to suspend the trading of the listed securities of the Company and to de-list the Company in the event:

(i) the Company fails to submit its regularisation plan to the regulatory authorities on or before 7 October 2023;

(ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; or

(iii) the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.

Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of the Company on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company's right to appeal against the delisting.


This announcement is dated 27 July 2023.

Posted by Sslee > 2023-07-28 07:48 | Report Abuse

Deadline: on or before 7 October 2023

Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of the Company on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company's right to appeal against the delisting

Posted by Sslee > 2023-07-28 08:09 | Report Abuse

What is the odd/probability that after 7 Oct 2023, Bursa will issue notification of trading suspension to CapitalA and on the 6th market day after the date of notification of suspension proceed to suspend CapitalA and de-list the Company, subject to the Company's right to appeal against the delisting?

Posted by ikanbiliskering > 2023-07-28 08:19 | Report Abuse

mean GG?

Posted by paktua73 > 2023-07-28 08:28 |

Post removed.Why?

Posted by mf > 2023-07-28 08:36 | Report Abuse

Dow Jones

Dow Jones Industrial Average

35,282.72

-237.40

0.66%

Nasdaq

NASDAQ Composite

14,050.10

-77.17

0.54%

Posted by EatCoconutCanWin > 2023-07-28 09:07 | Report Abuse

i heard KYY come back to goreng. is this true?

Posted by limitupandsurewin88 > 2023-07-28 09:09 | Report Abuse

OMG, unbelievable !
Today Capitala again spike up like mad,
Now Capitala was traded at 0.945 (+0.03) (+3.28) !
Like that Capitala today definitely can break above RM1.00 already liao lah !

Posted by paktua73 > 2023-07-28 09:11 |

Post removed.Why?

Posted by Johnchew5 > 2023-07-28 09:13 |

Post removed.Why?

Posted by Mabel > 2023-07-28 09:14 | Report Abuse

limitupandsurewin88 OMG, unbelievable !
Today Capitala again spike up like mad,
Now Capitala was traded at 0.945 (+0.03) (+3.28) !
Like that Capitala today definitely can break above RM1.00 already liao lah !
28/07/2023 9:09 AM

Haha Now touches 0.955 oledi...

To our Success!

Captain Mabel Meow

Posted by paktua73 > 2023-07-28 09:26 |

Post removed.Why?

Posted by EngineeringProfit > 2023-07-28 09:28 | Report Abuse

Is RM1 the value of your harta lama, Pak Tua?

Posted by The_JQuestion > 2023-07-28 09:32 | Report Abuse

volume already break out can be anything from now on... rm 1 not impossible !

Posted by paktua73 > 2023-07-28 09:40 |

Post removed.Why?

Posted by Mabel > 2023-07-28 09:53 | Report Abuse

paktua73 laai lai paktua now fight here..
aax dah cash out all..

tut tut
let beeak rm0.98 today
28/07/2023 9:40 AM

Yes Paktua
Now Capital A is trading 0.955 (+0.04) (+4.00) !
RSI overbought
MACD looking good
Strong Beautiful thick candlestick backed by an upwards passing 20, 50, 100 and 200 moving average line and elevated momentum as per the RSI reading with fantastic volume cuming from Uncles and Aunties..

Today World Best Low Cost Airlines (AA) is climbing in tandem with World Best Airlines (Singapore Airlines) today. What more can we ask?

To Our Success!

Captain Mabel Meow

Posted by paktua73 > 2023-07-28 10:11 |

Post removed.Why?

Posted by paktua73 > 2023-07-28 10:13 |

Post removed.Why?

Posted by troy88 > 2023-07-28 10:42 | Report Abuse

RM1+ is imminent. Just how big the cents at 1+ that is the big question

Posted by EatCoconutCanWin > 2023-07-28 11:21 | Report Abuse

Pak Tua enter what price?

Posted by paktua73 > 2023-07-28 11:31 |

Post removed.Why?

Posted by profitgrow > 2023-07-28 11:40 | Report Abuse

Paktua still alive...

Posted by EatCoconutCanWin > 2023-07-28 11:44 | Report Abuse

0.78 wow... Good enter price. I sold 0.945

Posted by Leong938 > 2023-07-28 14:21 | Report Abuse

https://www.klsescreener.com/v2/news/view/1182045

Posted by paktua73 > 2023-07-28 14:56 |

Post removed.Why?

Posted by EngineeringProfit > 2023-07-28 15:28 | Report Abuse

Kesiannya Pak Tua. Stock lama tak laku lagi ke?

Posted by EngineeringProfit > 2023-07-28 15:28 | Report Abuse

Simpan, simpan buat harta karun ke??

Posted by XinaSun > 2023-07-28 15:39 | Report Abuse

Cun cun, AAX CAPITAL A GENTING

Posted by leospirit > 2023-07-28 15:52 | Report Abuse

share seesaw syok main

Posted by paktua73 > 2023-07-28 15:57 |

Post removed.Why?

Posted by Leong938 > 2023-07-28 20:04 | Report Abuse

https://www.klsescreener.com/v2/news/view/1182217

Posted by NatsukoMishima > 2023-07-28 23:43 | Report Abuse

What will happen if still fail to submit after 3 months ??