Posted by Felix888 > 2023-09-20 13:53 | Report Abuse

Fully agreed startofthebull, I3licker is the no 1 nonsense talker in I3forum. I don't know what is his objective, maybe no life in reality world.

Posted by EatCoconutCanWin > 2023-09-20 14:30 | Report Abuse

What happened

Posted by Mabel > 2023-09-20 14:32 | Report Abuse

Waiting to enter at 88 sen..

Meow Meow Meow

Posted by tonygofly > 2023-09-20 17:18 | Report Abuse

Tony bring me fly pleaseeee

Posted by geary > 2023-09-20 18:33 | Report Abuse

CapitalA Latest News, September 20, '23.
KUALA LUMPUR: Capital A Bhd’s wholly owned subsidiary, Asia Digital Engineering Sdn Bhd (ADE) has entered into a shareholders agreement (SHA) with Sivilai Asia Co Ltd to establish a maintenance repair and overhaul (MRO) business in Cambodia.

In a filing with Bursa Malaysia, Capital A said under the SHA, ADE will subscribe to 60% of the issued and paid-up capital of a Cambodian joint venture company incorporated under the name ADE (Cambodia) Co Ltd (ADE Cambodia). Sivilai Asia will invest the remaining 40%.

The SHA also records the rights and obligations of each party relating to the operation and management as well as their shareholding in ADE Cambodia.

“ADE will inject up to the amount of US$1.2mil with two tranches (first tranche during pre-incorporation and the balance would be post-incorporation), and ADE will use internal funds for its share of the equity investment,” it said.

“Capital A has incorporated a joint venture company, AirAsia (Cambodia) Co Ltd, to start AirAsia branded airlines in Cambodia and will commence operation in November 2023.

“This will create an opportunity for ADE to establish its operation in Cambodia by providing service to AirAsia Cambodia and other third-party airlines operating in Cambodia's major airports,” it said.

Capital A said the objective is to optimise utilisation of ADE’s assets at maximum capacity to reach utmost productivity.

“The proposal will facilitate and expedite consolidation of all of ADE’s resources and assets in order to optimise more productive, sustainable levels of operation and service for the AOCs, which in turn enable Capital A to capitalise on cost-saving opportunities and potentially capture surpluses from new revenue streams generated,” it said.

The subscription exercise is expected to be completed in the fourth quarter of 2023.
CapitalA forward PE multiple should be 33×, of current EPS.🤔🥴🤑🙏🚀

Posted by teknikal > 2023-09-20 18:46 | Report Abuse

Mixed signal technically:
1. Share price above MA20, 50 and 200. (positive)
2. RSI weakening (negative)

Posted by Sslee > 2023-09-20 19:02 | Report Abuse

The problem how to calculate capA earning?
Based on culmulative 6 months end 30/06/23.
After charging the foreign currency translation difference the total comprehensive income is RM (467,590,000)

CapitalA forward PE multiple should be 33×, of current EPS.🤔🥴🤑🙏🚀

Posted by DickyMe > 2023-09-20 19:06 | Report Abuse

SSLee finds pleasure in being a troll.

Posted by Sslee > 2023-09-20 19:08 | Report Abuse

P/E ratio for Singapore Airlines (C6L.SI)
P/E ratio as of September 2023 (TTM): 10.5
According to Singapore Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4928. At the end of 2019 the company had a P/E ratio of 21.0.

Posted by Sslee > 2023-09-20 19:11 | Report Abuse

I find pleasure in rebutting fanciful financial claim from Stony Fanci.

Posted by DickyMe > 2023-09-20 19:24 | Report Abuse

There are many professionals in the financial world. Some could be invested here. I don't see their tantrum except yours. I am not sure if you are aware that Stony himself is a CA. Perhaps, you should talk to him directly for clarification and learn the "magic" accounting.

Posted by DickyMe > 2023-09-20 19:26 | Report Abuse

Customers come and go.
It's not a problem.
With the right product and marketing they will be back like poop flies.

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

From accounting perspective, it is insolvent.
However, in real life, beyond math, science and accounting, human survival is utmost important When a city or country is burnt down to ashes, it is rebuilt to enable survivors to continue with their life. You don't kill them or expect them to commit suicide.
Humanity is to aid revive a once proven business back to life.
One takes risk when they "see" potential not numbers, despite current shortcoming
Nobody puts a gun to your head and compel your participation.

Posted by OldReader74 > 2023-09-20 20:23 | Report Abuse

Sslee act pandai again....zzzz...always act smart but kena tangkap empty tin

Posted by OldReader74 > 2023-09-20 20:25 | Report Abuse

That's why sslee made the loudest noise. You know how the saying goes, empty can tong tong tong. That's sslee.

Your insas, bila mau tulis surat complain to Malaysia newspapers, Singapore newspapers, Bursa IR, Dow Jones IR complaining that you kena stuck long long time and Nadi long term fixed depositor. Hehehehe

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

AirAsia selling santan

Posted by DickyMe > 2023-09-20 21:21 | Report Abuse

At least it is generating revenue instead of waiting for bailout or free money like GLCs.

Posted by geary > 2023-09-20 21:46 | Report Abuse

Hohoho....Magic Accounting we learn from Stony Fly🚀nuendo 💸
AAGB, Highest market value was RM 4.40, 24 Feb '18.
CAPITALA, highest market value, forecasted, probably RM 3.30. Feb. 28, 2024.🤔🤑💵
CapitalA forward PE multiple should be 33×, of current EPS.
🤔🥴🤑🙏🚀
Trade with your own risk n envision 👌

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-20 21:47 | Report Abuse

>>>>
Stock: [CAPITALA]: CAPITAL A BERHAD

2 days ago | Report Abuse

Balance Sheet

Jun 2023 Qtr (millions)


Cash 735
STDebt 6249
LTDebt 17,632



AR 1103
AP 1226



Current Asset 2,270
Current Liability 14,209
Current Ratio 0.16


Other CL 6702


Fixed Asset 13,906
Total Asset 27,758
Total Liabilities 37,963
Total Equities (8,391)

Total Equity/Total Asset - 30.23%



Equity
Common stock 8660
Retained Earnings (15,659)

>>>>

The equity is deeply negative. The company is bankrupt.
The current liabilities >>> current asset. It is insolvent.
ST Debt and LT Debt >>> Cash. It is net debt.

MKT Capt (RM m) : 4,293.8
ENT Value (RM m) : 18,026.5


Despite equity at RM - 8.4 billion, market gives it a market cap of RM 4.3 billion!

Posted by DickyMe > 2023-09-20 22:02 | Report Abuse

Market supports genuine business, not some listed companies scams.

Posted by Mabel > 2023-09-20 23:48 | Report Abuse

Haha Mabel now waiting to re-enter again at 88 sen...

To be honest this YoYo movement is really exciting and a good practise to BUY LOW and sell high..

Mabel loves CapitalA Operator. They are as smart as Tony..

Meow Meow Meow

Posted by StartOfTheBull > 2023-09-21 07:36 | Report Abuse

SSLee, king of copy and paste.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-21 08:23 | Report Abuse

Debt-Laden Company Survival Plan

Default (GPT-3.5)

User
Company has negative equity. Huge debts. However business is viable and profitable going forward.

How can this business continue to operate

ChatGPT
If a company has negative equity and significant debts but is still viable and profitable going forward, there are several strategies it can consider to continue operating:

Debt Restructuring: The company can negotiate with its creditors to restructure its debt. This may involve extending the repayment period, reducing interest rates, or even converting some debt into equity, which can help improve the balance sheet.

Equity Injection: The company could seek additional equity investment from existing shareholders or external investors to shore up its capital base and address the negative equity situation.

Cost Reduction: Implementing cost-cutting measures can help improve profitability and free up cash flow to service debt. This might involve streamlining operations, renegotiating contracts, or reducing non-essential expenses.

Asset Sales: The company can sell non-core assets to generate cash and reduce debt. This should be done strategically to ensure that essential business operations are not adversely affected.

Improved Cash Management: Efficient cash flow management is crucial. The company should closely monitor its cash flows, prioritize payments, and implement strict credit policies to maintain liquidity.

Profitable Growth: Focus on growing profitable segments of the business to increase revenue and improve overall financial health.

Refinancing: Explore opportunities to refinance debt at more favorable terms, such as lower interest rates or longer maturities.

Strategic Partnerships: Consider forming strategic partnerships or alliances that can provide access to resources and capital to support growth and debt repayment.

Professional Advice: Seek guidance from financial advisors, accountants, and legal experts who specialize in turnaround and debt management strategies.

It's important for the company's management to work closely with financial professionals to develop a comprehensive plan tailored to its specific situation. It may take time to recover from a negative equity position, but with the right strategies and diligent execution, the business can continue to operate and thrive.

Posted by Sslee > 2023-09-21 08:58 | Report Abuse

geary CapitalA Latest News, September 20, '23.
KUALA LUMPUR: Capital A Bhd’s wholly owned subsidiary, Asia Digital Engineering Sdn Bhd (ADE) has entered into a shareholders agreement (SHA) with Sivilai Asia Co Ltd to establish a maintenance repair and overhaul (MRO) business in Cambodia.

In a filing with Bursa Malaysia, Capital A said under the SHA, ADE will subscribe to 60% of the issued and paid-up capital of a Cambodian joint venture company incorporated under the name ADE (Cambodia) Co Ltd (ADE Cambodia). Sivilai Asia will invest the remaining 40%.

The SHA also records the rights and obligations of each party relating to the operation and management as well as their shareholding in ADE Cambodia.

“ADE will inject up to the amount of US$1.2mil with two tranches (first tranche during pre-incorporation and the balance would be post-incorporation), and ADE will use internal funds for its share of the equity investment,” it said.

What kind of management that make promptly announcement on above kacang putih deal but fail to disclose a deal involve undisclosed sum to “increase effective stake from 40% to 100% in Philippine Air Asia” that transfers about negative equity of RM 2 billion from Non-controlling interest to Shareholders’ equity and about RM 1 billion addition accumulated losses?
How the deal can help shareholders’ equity to uplift CapitalA from PN17?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-21 08:59 | Report Abuse

Has any creditor taken bankruptcy actions on Capital A so far?

Posted by Johnchew5 > 2023-09-21 09:05 |

Post removed.Why?

Posted by Johnchew5 > 2023-09-21 09:06 |

Post removed.Why?

Posted by Sslee > 2023-09-21 09:11 | Report Abuse

i3lurker Arrest Warrant was issued for stony 🤣
21/09/2023 9:04 AM

That is why AA sold AirAsia India
Updated: 03 Nov 2022 9:28 am
Tata Group will now wholly own AirAsia India via Air India. The AirAsia Aviation Group has sold its remaining stake in AirAsia India to Air India, a company which is now owned by the Tata Group. AirAsia has also reportedly said that there will be no gain or loss on the disposal as it expects to receive Rs 1.56 billion from the sale of the stake.

Posted by Sslee > 2023-09-21 09:23 | Report Abuse

AirAsia Japan files for bankruptcy, leaving 23,000 flyers without refunds
KAZUHIRO NOGUCHI, Nikkei staff writer
November 18, 2020 04:27 JST

With about 21.7 billion Yen in liabilities.

Posted by Johnchew5 > 2023-09-21 09:33 |

Post removed.Why?

Posted by Sslee > 2023-09-21 09:38 | Report Abuse

The question why AA Japan JV files for bankruptcy, but Stony bailout PAA JV partner?

Posted by Sslee > 2023-09-21 09:47 | Report Abuse

I3lurker,
Most likely all this while (repeat request for extension of PN17 regularisation plan) is done purposely to get capA delist from Bursa.
Stony can then list his Move and ADE in New York for USD 10 billion IPO.

Posted by paulthesotong > 2023-09-21 10:19 | Report Abuse

Whens the BK?

Posted by paulthesotong > 2023-09-21 10:30 | Report Abuse

CapA didnt go bankrupt despite the the most horrific that could possible happen to them[ absent of an Alien invasion tha alienated Asia] and now they going bankrupt ..' just because' ...

Posted by paulthesotong > 2023-09-21 10:37 | Report Abuse

...while they..

Posted by paulthesotong > 2023-09-21 11:02 | Report Abuse

on the runaway...up?

Posted by Sarwajagat00 > 2023-09-21 11:56 | Report Abuse

Probably next month its PN 17 status will get lifted

Posted by Johnchew5 > 2023-09-21 12:05 |

Post removed.Why?

Posted by StartOfTheBull > 2023-09-21 12:14 | Report Abuse

2 ahkua playing each other buntutt in forums, who get more syiok?

Posted by OldReader74 > 2023-09-21 12:30 | Report Abuse

Haiyah, Doctor sslee losing again and caught for act smart, but tak tau actually. Give him face and don't hentam so kaw

Posted by OldReader74 > 2023-09-21 12:35 | Report Abuse

Doctor sslee always want to be everything and act smart although he tak tau langsung. Doctor sslee full of hatred, bias and selective prosecution punya.

You sendiri baca he posted AirAsia Japan filed bankruptcy bla bla but omitted this
https://www.ch-aviation.com/portal/news/114518-court-terminates-airasia-japan-bankruptcy-proceedings

Proven doctor sslee a full hatred, bias, dengki, jealous person. Hehehe

Posted by OldReader74 > 2023-09-21 12:36 | Report Abuse

Look I dont want whacked him kaw kaw. He losing again and again. Hehehe

Posted by OldReader74 > 2023-09-21 12:38 | Report Abuse

You know karma. It's sslee karma to get stuck insas from all his wrongdoings. Hehehe

Posted by Sslee > 2023-09-21 12:51 | Report Abuse

The Buddha defined karma as intention; whether the intention manifested itself in physical, vocal or mental form, it was the intention alone which had a moral character: good, bad or neutral. As one intends and acts, so does one become: one becomes virtuous by virtuous action, and evil by evil action

My intention in capA is to rebut fanciful/half truth/totally fault financial data interpretation by Stony fansi/pump and dump syndicate members to misled/conned people.

Note: Presented with same set of financial figure/data most likely than not Company IR/Management ,IBs Analyst and those with hidden agenda/vested interest will interpret the figure/data not by their professional unbiased opinion to tell the truth and the whole truth but by their biased view bending the truth to accommodate company , IBs and those with hidden agenda/vested interest narrative as fact

This is why there is this saying “Figure don’t lie, but liars figure”

So what is your intention to make your comment in i3 capA forum here?

Posted by Sslee > 2023-09-21 12:54 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2019-12-28-story-h1481948233-Food_of_thought_for_the_coming_year_2020_Karma.jsp

Food of thought: Karma

Posted by Johnchew5 > 2023-09-21 12:54 |

Post removed.Why?

Posted by Johnchew5 > 2023-09-21 12:55 |

Post removed.Why?

Posted by Johnchew5 > 2023-09-21 12:56 |

Post removed.Why?

Posted by OldReader74 > 2023-09-21 13:03 | Report Abuse

Hehehe. Doctor sslee, are you 100% sure that you never gave wrong inf, wrong interpretation and misled people? Look at the mirror and ask yourself again. You been caught for misleading, selective prosecution, wrong info again and again.

From COVID-19 acting like professional healthcare personnel and wrong advice. Repeat wrong advice until today. You just don't change your behaviours.

You know, there is reason why you stuck insas long long. Karma.......hehehehe

Posted by Johnchew5 > 2023-09-21 13:03 |

Post removed.Why?