Posted by kevinobc > 2023-10-13 12:52 | Report Abuse

https://www.malaymail.com/news/money/2023/10/13/capital-a-to-benefit-the-most-from-myairlines-suspension-says-research-house/95985

Posted by geary > 2023-10-13 13:06 | Report Abuse

paulthesotong
Crab logic ,crab language, crab brain. He.. What do u expect?
👍 Correct LOL 😂
59 minutes ago
CapitalA Bhd, present has 4,124B, Outstanding shares, from around 3.4B, before COVID.
Next few years, all its #65%, Convertible Rights, Bonds, PPs, Sukuks, are covered into Equity/Shares.
CapitalA Bhd, dilution of shares will be around 7/8Bm Outstanding Shares.
If there are redeemed earlier, by CapitalA, n pay less interest payments. Then dilution will be lesser.
Convertible Rights/Bonds are quite complicated to understand as years of interest payments, rates, conversions n redeemed by company.
CapitalA, Sir Tony, Fernandes n his management team, really try their very best, to make AA Great Again 🙏
'Now Everyone Can Fly'
'Just Do It'!
🙏🛫🚀

Posted by TomYam > 2023-10-13 13:09 | Report Abuse

Budget carrier AirAsia, a part of the Capital A Bhd group, is seeking a US$400m (RM1.8bn) loan, half of it from private credit funds, to refinance debt, according to people familiar with the matter. The loan will be in the form of a revenue bond, with investors to be paid out of ticket sales from ten AirAsia flight routes, the people said, declining to be identified because the matter is private. A representative of the company declined to comment. Capital A is no stranger to private credit. An engineering and maintenance subsidiary Asia Digital Engineering in April secured a US$100m investment from private-credit provider OCP Asia Ltd, according to a statement at the time. (The Edge)

Posted by Sslee > 2023-10-13 14:02 | Report Abuse

Oct 12): Budget carrier AirAsia, a part of the Capital A Bhd group, is seeking a US$400 million (RM1.8 billion) loan, half of it from private credit funds, to refinance debt.

KUALA LUMPUR: Tuesday, 03 Oct 2023
AirAsia Bhd has accepted a five-year term loan of up to US$150 million (RM705 million) from a financial institution.
In a filing with Bursa Malaysia today, Capital A Bhd, the parent company of AirAsia, said the airline will use the loan for working capital requirements and fund aircrafts and engine maintenance costs.


geary,
Do you still believe quote," All debts are covered by Cash Flow" unquote?

As at 30/6/2023
Beside taking in sales in advance: RM 2,024,943,000 still need USD150 million term loan for working capital and now another USD 400 million to refinance debt.

Posted by Sslee > 2023-10-13 14:14 | Report Abuse

Singapore Airlines: Recapitalization Exercise
Timothy Ang | 27 Mar 2020 | 82 views

Singapore Airline’s rescue plan is revealed in a recapitalization exercise. Temasek, which owns 55.5% of the national carrier, is the underwriter of the program. Below are some highlights:

A S$8.8bn Fundraising exercise
S$5.3bn equity rights issue. Shareholders will receive 3 Rights shares for every 2 existing shares at an issue price of S$3 (c.53.8% discount to the last traded price). This amounts up to 1,777,692,487 new Rights shares to be issued.

S$3.5bn Mandatory Convertible Bond Issue. Shareholders will receive 295 Rights Mandatory Convertible Bonds (MCB) for every 100 existing shares, with the option to subscribe at $1 per MCB. The Convertible Bonds are proposed to have a 10-year maturity with zero coupon and an initial conversion price of S$4.84. At the maturity date, every S$1,000 worth of MCB will be worth S$1,806.11, and will be converted to shares at the conversion price of S$4.84 per share.

The problems with capA is because Stony do not have money to recapitalise capA.
Quote from geary, "The only PN17, criteria is Negative Equity, that will be solved sooner or later."
Sooner or later Bursa will tell capA enough is enough and proceed to suspend and delist capA.

Posted by Sslee > 2023-10-13 14:22 | Report Abuse

geary,
Know why the last capA RI is not equity right issue but RCUID 8% profit sharing per year with free warrant?

Posted by Sslee > 2023-10-13 14:28 | Report Abuse

Why need USD 400 million to refinance debt when someone soo stupiiid give a very good example:

Johnchew5 Hoho Konartist sslleee .. scroll up to see my earlier posts … in AAX QR result : more than RM 6.0 Billion Borrowing became RM 5.0 in The Next QR result …
Being Audited le …

Posted by paulthesotong > 2023-10-13 14:29 | Report Abuse

Yet,investors ought to lookout for CapA 4Q 2023 results which may boosted by high fares.. Maybank IB.

Posted by paulthesotong > 2023-10-13 15:36 | Report Abuse

Fantasy Island....Tatoo would run up the main bell tower to ring the bell n shout De Plane De Plane
to announce the arrival a new set of guests.

Posted by geary > 2023-10-13 18:28 | Report Abuse

Hoho Konartist sslleee .. scroll up to see my earlier posts … in AAX QR result : more than RM 6.0 Billion Borrowing became RM 5.0 in The Next QR result …
Being Audited le …
How come LOH!?
That time AAX was below @0.50. AddedCapitalA!
But Missed Out AAX...!?

Posted by geary > 2023-10-13 18:34 | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2022
AIRASIA X BERHAD
Financial Year End. 30 Jun 2022
Quarter 3 Qtr
Quarterly report for the financial period ended 31 Mar 2022
The figures have not been audited
Attachments
AAX - 3Q2022 Results.pdf
690.4 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2022

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD. 31 Mar 2022

1. Revenue
113,015
0
331,594
0
2. Profit/(loss) before tax
33,617,660
0
33,456,522
0
3. Profit/(loss) for the period
33,617,658
0
33,456,576
0
4 Profit/(loss) attributable to ordinary equity holders of the parent
33,617,658
0
33,456,576
0
5. Basic earnings/(loss) per share (Subunit)
8104.30
0.00
8065.40.

6. Proposed/Declared dividend per share (Subunit)0000

AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7. Net assets per share attributable to ordinary equity holders of the parent ($$)
-0.3028
-8.0959

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence

Announcement Info
Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 30 May 2022
Category Financial Results
Reference Number FRA-30052022-00076

Posted by geary > 2023-10-13 18:45 | Report Abuse

AAX... Negative @8.0959.
Profited 33.5Bn. Negative @0.3028...!?🤔
Net assets per share attributable to ordinary equity holders of the parent ($$)
-0.3028!?
-8.0959!?
Now Equity Positive @0.22/share...!?🤔
Oct, '22 @0.50, Daren't Buy!?
Feb. '23 @0.75. Daren't Buy.
Mar. '23. @1.20. Gave Up to Buy.
Now @2.40.!?🤷🤦🤔

Posted by SinGor > 2023-10-13 18:55 | Report Abuse

Drastic move when you used 10 destinations REvenue to support Bond. Can AA planes FLY without Tires and
Pilots / staffs to service. How to pay maintenance??? ( RI and Ah Loong ) As i say again and again, if you Burnt
Bankers Hair-- Botak, they will remember you for ever ( absolutely NO loan for operating Expenses---you have
look for foreigners Charging 18---25% interest )

Posted by Sslee > 2023-10-13 18:55 | Report Abuse

AAX debt restructure 0.5 sen for every dollar owed. Capital reduction and 10 to 1 share consolidation.

The question why Stony capA did not do what AAX has done?

Posted by SinGor > 2023-10-13 18:57 | Report Abuse

If this Revenue Loan Plan is executed-----It will suck All AA profits---Bcos the 10 destinations had to be the
MOST profitable Ones

Posted by Sslee > 2023-10-13 19:34 | Report Abuse

Posted by SinGor > Oct 13, 2023 6:57 PM | Report Abuse
If this Revenue Loan Plan is executed-----It will suck All AA profits---Bcos the 10 destinations had to be the
MOST profitable Ones

Private credit funds is trying to squeeze every joice out of Stony' ball. If one debt default all the other debt will be recalled by bankers so what choice do Stony has to refinance debt.

Posted by geary > 2023-10-13 20:15 | Report Abuse

paulthesotong
Yet,investors ought to lookout for CapA 4Q 2023 results which may boosted by high fares.. Maybank IB.
Not only IBs, general public shareholders, know everyone, eager to fly, to solve whatever emotional, money, relationship issues.
SIA tickets prices were high, the beginning of the year, as do AirAsia.
As seats capacity pick up, demand slowly taper-off, the consolidating airfares LOH!?
These 3rd/4th quarters will be unprecedented profits for CapitalA(See SIA result))!?
Probably after 30th Nov, CAPITALA will outperform. Until 2024, Jan/Mar.
Patience is the 🗝️!
At present it's geopolitical happenings, high Treasury Yield, high commodities prices, etc.
Stock Markets are driven by emotion/sentiment/trend 🤔🤫
High Liquidity/Traders Volume, will squeeze Equity Valuations!?
Willing Buyers/Sellers/🐂/🐻!?
🤫🙏🚀

Posted by geary > 2023-10-13 20:32 | Report Abuse

StartOfTheBull
SSLee relies too much in financial statements,...U r Absolutely Correct 🤫
#example Insas.(After #5-Year Return #13%🤮
As AirAsia is still surviving post pandemic, that could be the reason why he is very depressed, and sometimes he is over excited with his chat mate old Ahkua.😆
Peter Lynch, one of the greatest stock markets, multibaggers winners, financed his U graduation with profited earnings from individual stock, less diversified portfolio.
Diversify is considered Diworsify🤫🤔
Earnings #10 Baggers(1,000%} is still his famous slogan, just like Nike, 'Just Do It' n AirAsia, 'Now Everyone Can Fly'!
If u can profit yearly 1 bagger(100%), u can Sit n Shake Legs for 5 years (#20%/year)🤫🤔🚀
Dividend Growth Prospects Strategy are for those newbies or very young investors, to grow their investment n portfolio.
For season traders, it's more flexible, but Free Cash Flow is the 🗝️🤫🤔🚀

Posted by geary > 2023-10-13 20:39 | Report Abuse

Druckenmiller,
"Earnings don't move the overall market; it's the Federal Reserve Board...!?...focus on the central banks, and focus on the movement of liquidity... most people in the market are looking for yearly/quarterly earnings and conventional measures.
It's liquidity that moves markets."
Waiting Game, or Zero Sum Game!?
High Liquidity of Willing Buyers Sellers... 🐂...🤫...🙏...🚀...🤑...👣

Posted by geary > 2023-10-13 20:54 | Report Abuse

https://www.klsescreener.com/v2/news/view/1217141
Coming Weeks... 🐂/🐻...#65%/#35%...!?
🤔🤫🚀

Posted by SS3U > 2023-10-14 00:37 | Report Abuse

MyAirlines bungkus

Posted by Sslee > 2023-10-14 10:00 | Report Abuse

Tepost:
Posted by BobAxelrod33 > Oct 14, 2023 7:46 AM | Report Abuse
"WHEN A CLOWN MOVES INTO A PALACE, HE DOESN'T BECOME A KING. THE PALACE BECOMES A CIRCUS" ------------- Turkish Proverb

Posted by Felix999 > Oct 14, 2023 8:58 AM | Report Abuse
"The greatest enemy of civilization is the barbarian within." - Heinrich Heine


I3 has many barbarians within and the worst type is Mike-tikus and his many ID. Many right and sound minded people already leave i3 for good because of people like Mike-tikus flooding the whole forum with his repeatedly cut and paste vulgarity, insult, slander and gibberish.

I3 used to be the place where investors can exchange useful opinion, figure and fact but sadly no more because of the many barbarians within.

Posted by paulthesotong > 2023-10-14 10:29 | Report Abuse

...Never stand a chance against might AA, Case down fall of one Airline..

https://www.webintravel.com/can-myairline-recover-shock-suspension-highlights-challenges-in-crowded-market/

Posted by StartOfTheBull > 2023-10-14 11:27 | Report Abuse

I3 used to be the place where investors can exchange useful opinion, figure and fact but sadly no more because of the many barbarians within.

***********
Useful opinion, figure and fact?
Sounds good, but usually a commentator's selective comments, positive or negative comments are usually depend whether he/she own that particular stock or not. And the arguments go on and on.

Posted by paulthesotong > 2023-10-14 11:50 | Report Abuse

luv the word " A weak gorrila is still a gorilla"

Posted by Sslee > 2023-10-14 12:31 | Report Abuse

I am sharing below news and figure. So what is your intepretation from below news and figure?


Oct 12): Budget carrier AirAsia, a part of the Capital A Bhd group, is seeking a US$400 million (RM1.8 billion) loan, half of it from private credit funds, to refinance debt.

KUALA LUMPUR: Tuesday, 03 Oct 2023
AirAsia Bhd has accepted a five-year term loan of up to US$150 million (RM705 million) from a financial institution.
In a filing with Bursa Malaysia today, Capital A Bhd, the parent company of AirAsia, said the airline will use the loan for working capital requirements and fund aircrafts and engine maintenance costs.


As at 30/6/2023
Beside taking in sales in advance: RM 2,024,943,000 still need USD150 million term loan for working capital and now another USD 400 million to refinance debt.

Posted by stockraider > 2023-10-14 12:38 | Report Abuse

Just sell & switch to Insas before too late loh!

Posted by stockraider > 2023-10-14 12:39 | Report Abuse

Insas score all positive points as super investable stock when share price is still hanging below 90 sen loh!

FUNDAMENTAL FACTORS
1. It has a net cash of Rm 1.10 per share.
2. It trade at a PE of below 5x.
3. It has an NTA per share of Rm 3.43 per share.
4. If u add the potential mark to market gain of Inari & M&A, the revised Nta of insas exceed Rm 4.50 per share mah!.
5. It pays a dividend of 2.5 sen, that give a dividend yield of 2.82% pa, very close to the short term FD rates of 3.0% pa.
6. Insas has shown earnings sustainability & consistency as for the past 10 yrs, annually Insas has been reporting good profit n most amazingly every qtr for the past 10 yrs, Insas has been reporting positive positive every qtr loh!
7. If u invest in insas, U r exposing to the biggest tech listed Composite Index co in KLSE-Inari.
8. U r also deriving the best manage Finance Co in KLSE by investing in insas mah!

GORENG FACTORS
9. Insas own the most efficient goreng corp finance listed co in klse-M&A
10. Insas is due to be goreng bcos its share price at 88.5 sen now is close to the exercise price of the warrant at 90 sen mah!
11. The insas chart indicate Insas is due to breakout of 90 sen & powerfully will go above Rm 1.20 soon loh!
12. Insas is one of the most promising incubators & its Venture capital has been performing very well loh!

Do not missed this INSAS high positive profitability potential, INVEST NOW LOH!

Posted by Income > 2023-10-14 13:26 | Report Abuse

Wow Stony still has how many life? But a cat has nine lifespans.

Posted by The_JQuestion > 2023-10-14 13:31 | Report Abuse

if not, sslee want us to use kuda and tongkat and walk ourselves , 70% of us :))
will the giant fall?? my guess is the sentiments exactly

Posted by paulthesotong > 2023-10-14 14:38 | Report Abuse

..The Black Freight...

https://www.webintravel.com/what-dominating-the-skies-entails-for-teleport-owners-of-a-new-black-freighter/

Posted by paulthesotong > 2023-10-14 14:57 | Report Abuse

okok.. AA The business is the subject of a lot of Blue Jokes n Complaints, but price sensitive air guests pack the planes. n thanks n no thanks to its low cost structure, AA shall win the price war against almost any other airline in its market

Posted by paulthesotong > 2023-10-14 15:04 | Report Abuse

...its offer niche products that has made it the fastest growing airline in Asia, n large book of jets on order for future expansion.

Posted by Income > 2023-10-14 19:37 | Report Abuse

AA now can operate just like MAS air tickets structures. But Stony only likes price war model…

Posted by StartOfTheBull > 2023-10-14 21:07 | Report Abuse

SSLee, I help you to post this one, because it may sounds not a negative news for you. Off course your chat mate, as before would like to twist it as bad news.

https://www.thestar.com.my/business/business-news/2023/08/31/capital-a-making-a-steady-comeback

Posted by The_JQuestion > 2023-10-14 21:59 | Report Abuse

SSlee any comment on teleport , santan or ADE , GTR , bigpay , ride , superapp ? since u are no fan of the commercial aviation business... Have u ever used the FACES function yet? or they cant detect it ure too fake ... HAHA!

Posted by Johnchew5 > 2023-10-15 05:02 |

Post removed.Why?

Posted by Johnchew5 > 2023-10-15 05:03 |

Post removed.Why?

Posted by Johnchew5 > 2023-10-15 05:07 | Report Abuse

通過私人信貸 Capital A尋求融資18億
2023年10月13日 229点阅
（吉隆坡12日訊）據消息指出，Capital A（CAPITALA，5099，主要板消費）正尋求4億美元（約18億令吉）貸款，其中一半來自私人信貸基金，而資金將用於債務再融資。

彭博社”引述消息報導，這筆貸款將以收入債券（Revenue Bond）形式發放，投資者將從亞航10條航線的機票銷售中獲得回報。對此消息，該公司代表拒絕置評。

Capital A並不是第一次使用私人信貸，旗下數碼業務和飛機工程公司Asia Digital Engineering曾在今年4月，從OCP Asia公司獲得1億美元令吉投資。

👉 在全球1兆5000億美元（約7.1兆令吉）的私人信貸市場中，亞洲占比仍很小，但黑石集團等主要機構正瞄準此區域。隨著全球航空產能恢複至疫情前水平、行業盈利回彈，航空業已成為私人信貸機構的目標。

Posted by Johnchew5 > 2023-10-15 05:10 |

Post removed.Why?

Posted by Johnchew5 > 2023-10-15 05:17 |

Post removed.Why?

Posted by Johnchew5 > 2023-10-15 05:21 |

Post removed.Why?

Posted by Sslee > 2023-10-15 09:45 | Report Abuse

Posted by The_JQuestion > Oct 14, 2023 9:59 PM | Report Abuse
SSlee any comment on teleport , santan or ADE , GTR , bigpay , ride , superapp ?

Teleport segmental revenue of RM167 mil, up 69% YoY (1H23 already achieved 68% of FY22 revenue).
● Driven by growth from existing and onboarding of new customers, reactivation of AirAsia fleet, and additional capacity from third party airlines allowing expansion into new lanes beyond AirAsia’s network.
● Significant leap for EBITDA to RM9.2 mil, from a loss of RM25 mil in prior year.

Superapp segmental revenue of RM170 mil (1H23 already achieved 82% of FY22 revenue).
● Highest quarterly EBITDA of RM40 mil, tremendous improvement from RM0.9 million in 2Q22 - improved revenue and lean cost structure.

BigPay segmental revenue of RM11 mil, up 53% YoY - due to healthy take-up rate across all products group.
● EBITDA loss narrowed by 65% YoY - due to 16% staff cost savings through reallocation of manpower to more cost effective regions (MY, TH) and one-off RM13mil - prior year audit adjustment from reversal of
bonus accruals.

ADE segmental revenue of RM138 mil, up 83% YoY (1H23 already achieved 84% of FY22 revenue)
● Thriving aviation industry and complemented by the increased hangar capacity resulting from the
additional two lines in Senai.
● EBITDA of RM36.8 mil or 27% margin.

Santan segmental revenue of RM26 mil, with an EBITDA of RM2mil.
● Driven by improved inflight products demand in tandem with increase of flight frequencies and
passenger traffic.

How much of these EBITDA will be translated into net profit?

Posted by Sslee > 2023-10-15 09:56 | Report Abuse

Posted by StartOfTheBull > Oct 14, 2023 9:07 PM | Report Abuse

SSLee, I help you to post this one, because it may sounds not a negative news for you. Off course your chat mate, as before would like to twist it as bad news.

https://www.thestar.com.my/business/business-news/2023/08/31/capital-a...

1H23 core net loss narrowed significantly year-on-year to RM112mil, underpinned by the strong recovery in air travel.

Kenanga Research projected Capital A to post a net profit of RM201mil in FY23 and RM229 in FY24.

TA Research said it is optimistic about Capital A’s 2H23 outlook with stronger fare and greater demand, particularly from China and India.

“The group is confident of achieving the consensus forecast for FY23, which is RM242mil in net profit. However, its digital segment is expected to remain loss making,” Kenanga Research said.

So what can a net profit of RM201mil in FY23 and RM229 in FY24 do to capital and reserves below?

As at 30/6/2023: As at 31/12/2022
RM ‘000: RM’000
Capital and reserves:
Share capital: 8,659,652: 8,654,977
Merger deficit: (5,507,594): (5,507,594)
Other reserves: 266,894: 204,020
Foreign exchange reserve: (1,657,962): (153,308)
Accumulated losses: (10,151,810): (8,923,188)
Equity:
Shareholders’ equity: (8,390,820): (5,725,093)
Non-controlling interest: (1,813,867): (3,791,865)
Total equity: (10,204,687): (9,516,958)

Can a mere net profit of RM201mil in FY23 and RM229 in FY24 uplift capA from PN17?

Posted by SinGor > 2023-10-15 10:44 | Report Abuse

usually Tourist will avoid Travelling by Air During Arab/Israel War. Palestine sleeper cells will start operating.
Most likely they will target "White Tourists"----Bangkok already beef-up security

Posted by paulthesotong > 2023-10-16 12:20 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2023/10/16/myairlines-licence-to-be-suspended/

Posted by Killsthebear > 2023-10-16 13:03 | Report Abuse

https://www.nst.com.my/business/corporate/2023/10/967518/myairlines-interim-ceo-resigns-lessors-ask-return-aircraft

Posted by Sslee > 2023-10-16 19:41 | Report Abuse

If MyAirline last straw that broken the camel's back is due to delays in finalising the sale of shares to investors, and the weakening value of the ringgit against the US dollar and most of MyAirline’s transactions are in USD, including aircraft leasing and fuel costs, which have seen an increase from US$113 a barrel to US$131 a barrel.”

Then how about capA?

PETALING JAYA: The government has shot down any chance of bailing out MYAirline after it ceased operations last week due to financial constraints.

“The bailout days are over. You know what I mean. You (companies) have to resolve customer (related) issues (on your own),” deputy transport minister Hasbi Habibollah said during the Special Chamber session at the Dewan Rakyat.

He was responding to Lim Lip Eng (PH-Kepong) who wanted the government’s assurance that Putrajaya would not come to the budget airline’s rescue.

Hasbi said the companny was facing several challenges, including delays in finalising the sale of shares to investors, and the weakening value of the ringgit against the US dollar.

“Most of MyAirline’s transactions are in USD, including aircraft leasing and fuel costs, which have seen an increase from US$113 a barrel to US$131 a barrel.”

Posted by Johnchew5 > 2023-10-17 07:47 |

Post removed.Why?

Posted by Johnchew5 > 2023-10-17 07:51 |

Post removed.Why?