CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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167,890 comment(s). Last comment by Mabel 16 hours ago

Huangbk72

4,950 posts

Posted by Huangbk72 > 2023-11-09 15:04 |

Post removed.Why?

geary

6,337 posts

Posted by geary > 2023-11-09 18:43 | Report Abuse

SINGAPORE (Nov 8): Capital A Bhd’s chief executive officer Tan Sri/Sir Tony Fernandes has been named "Asia Pacific CEO of The Year" at the Airline Economics’ Aviation 100 Asia Pacific Awards 2023 in Singapore.

Congratulating Tony, Capital A executive chairman Datuk Kamarudin Meranun said this great achievement reflects the hard work, resilience and dedication of all Allstars across Capital A.

“This recognition comes at a high time that the industry has hit the ground running, building and growing after the global Covid-19 pandemic, and highlights the value we deliver to our customers as a low-cost, value-driven aviation and travel services group,” he said in a statement here on Wednesday.

“Looking ahead, we will continue our mission in delivering unparalleled customer experience while continuing to positively contribute to the economy and the industry, regionally and beyond,” he said.

The ‘Aviation 100’ poll is a comprehensive and exhaustive process that spans the entire year, consisting of regional-specific votes, and is renowned for its credibility in identifying the most exceptional figures in finance, leasing, and law, along with top executives from leading airlines.

The awards ceremony was held on the sidelines of the Airline Economics Growth Frontiers Asia Pacific conference, with some 700 aviation professionals attending.

Voted by industry experts, including airlines, lessors, banks, law firms and other key stakeholders, the annual industry poll by Airline Economics recognises and celebrates the industry's most outstanding leaders.

#SIA's Mr. Goh Choon Phong...was snubbed...Why...?
CapitalA Bhd... Upswing Momentum...Slow n Steady...Still win the Race...🙌👏🚀

Sslee

5,929 posts

Posted by Sslee > 2023-11-09 19:55 | Report Abuse

Posted by geary > Nov 9, 2023 6:43 PM | Report Abuse

#SIA's Mr. Goh Choon Phong...was snubbed...Why...?
CapitalA Bhd... Upswing Momentum...Slow n Steady...Still win the Race...🙌👏🚀

Malaysians really like to shiok sendiri, no wonder we are now so far behind Singapore.

1 Singapore Dollar equals 3.45 Malaysian Ringgit
Nov 9, 11:49 UTC ·

Posted by Bruce_Wayne > 2023-11-09 21:17 | Report Abuse

Awards before crash and burn...


01/12/2021 Serba clinches CSR Malaysia’s overall excellence award
https://focusmalaysia.my/serba-clinches-csr-malaysias-overall-excellence-award/


16/11/2018 Serba Dinamik enters 2018 Forbes Asia's Best 200 under a billion list
https://www.bernama.com/en/news.php?id=1668584


23/10/2014 — Dr Karim bin Abdullah, CEO, Serba Dinamik, receives The European Award for Engineering Solutions Provider of the Year 2014 in Asia.
https://the-european.eu/story-8755/interview-dr-karim-bin-abdullah-ceo-serba-dinamik.html

geary

6,337 posts

Posted by geary > 2023-11-10 00:17 | Report Abuse

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Tony Fernandes named APAC CEO of The Year 2023 by Airline Economics’ Aviation 100

SINGAPORE, 8 November 2023 – Capital A Berhad, the investment holding company of AirAsia, airasia MOVE (formerly known as airasia Superapp), logistics venture Teleport, and Capital A aviation services group has announced its Chief Executive Officer Tony Fernandes has been named ‘Asia Pacific CEO of The Year’ at the Airline Economics’ Aviation 100 Asia Pacific Awards 2023 in Singapore. The awards ceremony was held on the sidelines of the Airline Economics Growth Frontiers Asia Pacific conference, with some 700 aviation professionals attending.

Voted by industry experts, including airlines, lessors, banks, law firms, and other key stakeholders, the annual industry poll by Airline Economics recognises and celebrates the industry's most outstanding leaders. The ‘Aviation 100’ poll is a comprehensive and exhaustive process that spans the entire year, consisting of regional-specific votes, and is renowned for its credibility to identify the most exceptional figures in finance, leasing, and law, along with top executives from leading airlines.

Datuk Kamarudin Meranun, Executive Chairman of Capital A said: “Congratulations to my partner Tony for this great achievement, as it reflects the hard work, resilience and dedication of all Allstars across Capital A. This recognition comes at a high time that the industry has hit the ground running, building and growing after the global Covid-19 pandemic and highlights the value we deliver to our customers as a low-cost, value driven aviation and travel services group. Looking ahead, we will continue our mission in delivering unparalleled customer experience whilst continuing to positively contribute to the economy and the industry, regionally and beyond.”

Group Chief Finance Officer of Capital A, Pattra Boosarawongse said: “We are so proud of our CEO for receiving this prestigious aviation award given by bankers and lessors. His strategic foresight in dealing with dynamic challenges of balancing finance in this industry has been the cornerstone of our success, and we are confident we will continue to soar above market turbulence with strong financial foundation, under his leadership and guidance.”

Philip Tozer-Pennington, Managing Director of Airline Economics said: "Tony Fernandes' recognition as the Aviation 100 APAC CEO Of The Year is a well-deserved acknowledgment of his remarkable leadership and notable contributions to the aviation industry. His vision and dedication have not only transformed AirAsia and Capital A but have also left an indelible mark on the broader aviation landscape in the Asia-Pacific region. This award is a testament to his outstanding achievements, and we are proud to celebrate his success."

***END***

November 8, 2023
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'AA,, 'Tigers have No Wings'! Now become, privatised, delisted, Budget Aviation.Holding.
SIA n Virgin lost to AirAsia.
AA now becomes, CAPITALA. Diversified services of Logistics, MRO, SuperApp n others...🙌👏🚀

Sslee

5,929 posts

Posted by Sslee > 2023-11-10 09:17 | Report Abuse

Just a simple question:
Anyone still believe Stony will unveil capA PN17 regularisation plan on or before 31th Dec 2023??? or will be another extension?

geary

6,337 posts

Posted by geary > 2023-11-10 09:40 | Report Abuse

CapitalA CEO Sir Tony Fernandes;

Fielding questions from the media on its Practice Note 17 (PN17) status and how it would affect its liquidity?

Fernandes said that the classification is merely an "accounting issue" and does not affect its liquidity by pointing to the RM2.5 billion it managed to raise in 2021.

"I mean, if you look at the PN17 classification, it is purely accounting and in fact, the solution has nothing to do with liquidity.

"That is why I have spoken with Bursa to relook at the rules and clarify the definition of what constitutes PN17, because it is not really clear to the layman.

"PN17 has zero effects on us. We have technically been PN17 for the last two years but for the relief measures.

"We raised RM2.5 billion [in 2021] and we are raising another RM1 billion of capital soon.

PN17 was imposed because we did not pay the leasing costs which appear on the profit and loss (P&L) statement.

"By accounting the restructuring, a merger deficit of RM5 billion has been recorded on the P&L. If we take these two things out, we would not be PN17 as the solution to PN17 is accounting as well, because the group has more than enough liquidity?

A member of UK Chartered Accountant, Bursa can 'Fly Kite'...their RP... CapitalA will have positive earnings...all its forward quarters!?
🤔👏🚀

Sslee

5,929 posts

Posted by Sslee > 2023-11-10 09:41 | Report Abuse

Someone cannot understand i3lurker is trying to make fun of Stony/capA deal/merge with Aetherium Acquisition Corp is figuratively speaking or metaphorically Stony is giving away his Korean wife to Aetherium Acquisition Corp and now has to pay Aetherium Acquisition Corp 40% for using of Aetherium Acquisition Corp wife.

Sslee

5,929 posts

Posted by Sslee > 2023-11-10 09:45 | Report Abuse

So Mike-tikus aka Johnchew1-5 are you saying Stony shold be awarded with the Best CEO of Topi Hijau Club for his/capA deal with Aetherium Acquisition Corp?? 😉🤣

Sslee

5,929 posts

Posted by Sslee > 2023-11-10 09:55 | Report Abuse

Ask any accounting student and they will tell you below company in an insolvent company.
As at 30/6/2023 Capital A
Current assets: RM 2,269,900,000
Current liabilities: RM 14,208,631,000
Net current liabilities: RM (11,938,731,000)

geary

6,337 posts

Posted by geary > 2023-11-10 10:08 | Report Abuse

What makes AirAsia(Now CapitalA), different?

“Our culture is the biggest and most important thing. What makes us different? That really is AirAsia’s people,” said Tony.
He believes that you can have the greatest technology at your disposal but if you don’t have the right people, you are screwed. You can buy the best software, you can buy the best technology, but if you don’t have the right mindset of people wanting to use that technology, you are wasting your money. He further added,

“My job is all about culture, about polishing raw diamonds into diamonds, to make people know that they are our best assets.
You can’t value talent in a balance sheet(like one guy, keep on harping past balance sheet), u know I know lah, and the biggest strength of AirAsia is our talent.”
Sir Tony Fernandes.
🙏🙌🚀

Sslee

5,929 posts

Posted by Sslee > 2023-11-10 10:21 | Report Abuse

Ya Stony mistaken Indonesia culture and expose his Tits & Nipples and then sharing the picture for all to see as one example of capA culture.

geary

6,337 posts

Posted by geary > 2023-11-10 10:40 | Report Abuse

Oct 18, Exposed his healthy manly Chest...Then...👇
SINGAPORE, 8 November 2023 – Capital A Berhad, the investment holding company of AirAsia, airasia MOVE (formerly known as airasia Superapp), logistics venture Teleport, and Capital A aviation services group has announced its Chief Executive Officer Tony Fernandes has been named 'Asia Pacific CEO of The Year' at the ...2 days ago!
Never mind...dogs will bark up anything...for their last...#10/12years...then urinating n defecating...before they...RIP...👺

Sslee

5,929 posts

Posted by Sslee > 2023-11-10 11:13 | Report Abuse

Another former employee recounts how meetings were usually filled with sexual innuendo. Fernandes would comment on “whether someone had good sex in a week or if someone in the office would like to have sex with someone else.” These were meetings where both male and female employees were present, the person adds.

“He used it as a tool to add humor, to make a stressful environment less stressful, without realizing that it made people feel uncomfortable and was disrespectful,” the source adds.

Very often comments that were casually thrown around were sexist, misogynistic, or even misandrist, says one source. “We didn’t take offense to it probably because we got accustomed to seeing the intent behind those comments. It was expected that none of these comments were to be taken seriously.”

At times like this, employees ran the risk of not fitting into the culture that the management created if they “didn’t play along.” Looking back now, this source says it’s “beyond comprehension” how people put up with some of the inappropriate things that were said during meetings.

Posted by MagicalBobby > 2023-11-10 11:20 |

Post removed.Why?

paulthesotong

2,717 posts

Posted by paulthesotong > 2023-11-10 11:43 | Report Abuse

Obviously folks here dont like CapA. But its ok. Wait till it takeoff...

geary

6,337 posts

Posted by geary > 2023-11-10 11:56 | Report Abuse

Sir Tony Fernandes, member of UK Chartered Accountant stated that,
"PN17 was imposed because we did not pay the leasing costs which appear on the profit and loss (P&L) statement.'

"By accounting the restructuring, a merger deficit of RM5 billion has been recorded on the P&L. If we take these two things out, we would not be PN17 as the solution to PN17 is accounting as well."
"The group has more than enough liquidity, to pay all loans obligation, n stakeholders."
Bursa must change some of those PN17 rules...if not they more n more foreign funds...will run away...from this worst performing market in ASEAN.
RP is just wasting time...for CAPITALA... because it's already profitable going forward.
🙌...To Sir/Tan Sri Tony Fernandes...👏🚀

Sslee

5,929 posts

Posted by Sslee > 2023-11-10 12:02 | Report Abuse

If you do not pay the current planes leasing payment the lessors have the right to take back the planes.

geary

6,337 posts

Posted by geary > 2023-11-10 12:37 | Report Abuse

"PN17 was imposed because we did not pay the leasing costs which appear on the profit and loss (P&L) statement.'
Tan Sri Tony Fernandes,
"By accounting the restructuring, a merger deficit of RM 5 billion has been recorded on the P&L."
"If we take these two things out, we would not be PN17 as the solution to PN17 is accounting as well."
"The group has more than enough liquidity, to pay all loans obligation, n stakeholders."

Biography:
He worked very briefly with Virgin Atlantic as an auditor, subsequently becoming the financial controller for Richard Branson's Virgin Communications in London from 1987 to 1989 before he joined Warner Music International London as Senior Financial Analyst.

Fernandes was admitted as an associate member of the Association of Chartered Certified Accountants (ACCA) in 1991 and became Fellow in 1996. He is currently a member of the Institute of Chartered Accountants in England and Wales (ICAEW).
CapitalA, Income n Cash Flow Statement n.
Balance Sheet, are 👍!

Sslee

5,929 posts

Posted by Sslee > 2023-11-10 12:51 | Report Abuse

As at 30/6/2023 Capital A
Current assets: RM 2,269,900,000
Current liabilities: RM 14,208,631,000
Net current liabilities: RM (11,938,731,000)

So just a simple question can capA not default on the the current liabilities of RM 14,208,631,000 in the next 12 months?

Stony is working like mad trying to raise cash by new borrowings, cash equity, advance sales for working capital and rollover of current liabilities just not to default on the payment due on the Current liabilities RM 14,208,631,000

Sslee

5,929 posts

Posted by Sslee > 2023-11-10 12:55 | Report Abuse

This is Stony own doing for not ironed out a debts restructure when the iron is melting hot.

Sslee

5,929 posts

Posted by Sslee > 2023-11-10 13:02 | Report Abuse

This is why the bankers, lessors, suppliers are very happy voting for Stony as "Asia Pacific CEO of The Year" at the Airline Economics’ Aviation 100 Asia Pacific Awards 2023 in Singapore.

They are very happy because no haircut from Stony.

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-10 14:52 |

Post removed.Why?

geary

6,337 posts

Posted by geary > 2023-11-10 19:18 | Report Abuse

KUALA LUMPUR: Malaysia Airlines Bhd's parent Malaysia Aviation Group (MAG) is on track to post its first annual profit in years after registering a net profit of RM450 million in the first quarter ended March 31 2023.

MAG group managing director Datuk Captain Izham Ismail said the first quarter results, to be officially released soon, would be the third consecutive quarter where the group had turned in profit.

Since 1947, MAS lost money for 75 years...Only #450M...how to payback to shareholders n stakeholders... billions 'Utang'...!?!?!?
How long can last...so many foreign airlines headquarters aren't in KLIA... mostly are in Changi Airport.
That's why AA... Teleport Logistics... headquarter will be in Nino Aquino.
Why!?...so many thiefs of cargoes...plus after #3 days...cargoes aren't flown out of KLIA...So inefficient... corrupted airport.(MAS included)
Let us See...!?

CAPITALA already profited...#1,175 Billions...first #3 quarters...more forward earnings coming...Soon... probably... dividend also...like SIA...its Real n Top Competitor...Not MAS LOH...!?
Old Dogs of course can bark for their...low balance sheet...twilight years...🤮🥱😁

geary

6,337 posts

Posted by geary > 2023-11-10 19:58 | Report Abuse

🙌👏🚀

https://www.youtube.com/watch?v=KA7QXc11k_4
🙌👏🚀

Sslee

5,929 posts

Posted by Sslee > 2023-11-11 08:11 | Report Abuse

PETALING JAYA: Malaysia Aviation Group (MAG) the parent company of Malaysia Airlines saw its best ever quarter performance since the past two decades.
The group said it achieved a record net profit after interest and tax of RM1.146bil in the fourth quarter last year.

CapA
Revenue: RM2.4 billion for 4Q2022
EBITDA : RM489 million for 4Q2022
Profit after tax : RM172 million for 4Q2022

Sslee

5,929 posts

Posted by Sslee > 2023-11-11 08:15 | Report Abuse

KLIA, 13 May 2022: Malaysia Aviation Group (MAG) has emerged as the winning entity for ‘Restructuring Deal of the Year’ at the Airline Economics’ The Aviation 100 Deals of the Year Awards 2022 following the successful restructuring exercise, which saw the Group reduce its liabilities of over RM15 billion and eliminating RM10 billion in debt mounted from decades-long issues of its balance sheet.

MAS can return to profitability because of debts restructure. CapA will struggling with debts for very long time.

Sslee

5,929 posts

Posted by Sslee > 2023-11-11 08:20 | Report Abuse

CapA Q1 2023:
Group Revenue : RM2.5 billion
Group EBITDA & Profit after tax : RM502 million & RM26 million

Sslee

5,929 posts

Posted by Sslee > 2023-11-11 08:26 | Report Abuse

The Group reported a net profit of RM929.4 million in 2Q2023. The current quarter recorded a gain of RM1,369.3 million from remeasurement of an associate to subsidiary, Asia Aviation Public Company Limited Group (“AAV”).

CapA Q2 without the remeasurement book gain of RM1,369.3 million, Q2 is a lose making quarter.

stockraider

31,556 posts

Posted by stockraider > 2023-11-11 09:13 | Report Abuse

Remember are these recent profits of Rm 924m, is just a mirage loh!
U cannot completely rely on it mah!
Capital A still has a deep hole of Rm 8.3 billion negative shareholders fund & a deep bank borrowing of more than rm 3.6b n, if u include its lease that is an additional of close to rm 20b, it is a big challenge for airasia to get out of the sinkhole loh!

Better put your money in Insas....bcos it has accumulated a pile of profits & A big pile of gold loh!

geary

6,337 posts

Posted by geary > 2023-11-11 12:05 | Report Abuse

World Corporate Finance:
Surprising and Interesting to know!
Some major profitable companies, in US have recently had negative shareholders' equity, including well-known or famous restaurant chains:

1, McDonald's Burger.
2. Starbucks Coffee and
3. Papa John's Pizza.

#The primary driver in these cases may have been issuing massive debt and refranchising or selling corporate-owned stores to franchisees.
22 Sept 2023.

Plus CAPITALA (formerly AirAsiaGB).
World Best Low Cost Airlines for 14th consecutive years😮🙌!
So famous...when Tan Sri/Sir Tony Fernandes showing off his musculine chest...the whole world are talking n gossiping non stop!
That's called Brand AirAsia...So famous...but there are few goblins in i3, don't know...they know only...Insas's boss...dares to bare his chest!? He he does it...nobody will gossip anyway 😁!
What a pity!?
Malaysian don't know how famous is AirAsia...🤮😁😷

That's why Bursa n STI...must change some obstinate n stubborn old men rules...they are losing to HKEX...flat n square...even Shanghai n maybe Vietnam!?
Not much interesting companies to buy/hold anyway in Bursa!?🥱

stockraider

31,556 posts

Posted by stockraider > 2023-11-11 12:59 | Report Abuse

This soo chaiii geary claim, himself as a qualify accountant, but do not understand, the actual wealth are created from profits & positive cash generations like in the case of Insas mah!

Not by simply spending using borrowing monies, trying very hard making itself famous loh!

Thus a true prudent investors much select co that is creating value n not spinning stories loh!

Posted by stockraider > 3 hours ago | Report Abuse

Remember are these recent profits of Rm 924m, is just a mirage loh!
U cannot completely rely on it mah!
Capital A still has a deep hole of Rm 8.3 billion negative shareholders fund & a deep bank borrowing of more than rm 3.6b n, if u include its lease that is an additional of close to rm 20b, it is a big challenge for airasia to get out of the sinkhole loh!

Better put your money in Insas....bcos it has accumulated a pile of profits & A big pile of gold loh!

Sslee

5,929 posts

Posted by Sslee > 2023-11-11 13:25 | Report Abuse

1. McDonald's Burger.
2. Starbucks Coffee and
3. Papa John's Pizza.
Anyone of the above have capA' Net current liabilities of RM (11,938,731,000)

Posted by EatCoconutCanWin > 2023-11-11 14:05 | Report Abuse

Best naked CEO of the year.lol

geary

6,337 posts

Posted by geary > 2023-11-11 17:16 | Report Abuse

https://youtu.be/5HCrCBXlUsg?si=SZpJqVsbzZV6OzqV
Humble n approachable CEO...🙌👏👍
Probably one of the best...after Sir Richard Branson...his good friend...🙌👏👍

geary

6,337 posts

Posted by geary > 2023-11-11 18:54 | Report Abuse

https://youtu.be/xo_0Ut_IZiA?si=7kKNqIl4_pviwXP1
APAC Best CEO 2023, World Best Low Cost Airlines for 14 years straight.
Apa lagi...Trollers...n...Goblins 👺...mahu lagi...🤷🥱🤮👎😷

Posted by Sunflower02 > 2023-11-11 19:16 | Report Abuse

Hello! Sunflower01 where you go? Loss money a lot in Bursa?

geary

6,337 posts

Posted by geary > 2023-11-11 20:02 | Report Abuse

World Corporate Finance: NYSE, Nasdaq!?
Surprising and Interesting to know!
Some major profitable companies, in US have recently had negative shareholders' equity, including well-known or famous restaurant chains:

1, McDonald's Burger.
2. Starbucks Coffee and
3. Papa John's Pizza.
4. Yum Brands.
5. Motorola.
6. Hewlett Packard.
7. H&R Block.
8. Find out yourself...!?

#The primary driver in these cases may have been issuing massive debt and refranchising or selling corporate-owned stores to franchisees.
22 Sept 2023.

SinGor

4,838 posts

Posted by SinGor > 2023-11-11 20:39 | Report Abuse

Tony is betting BIG on aax getting PN17 upliftment in 2Qr ( throw kitchen sink into 2Qr---Remeasurement of
associate ) Throw even his only Clean Shirt too---how desperate?...... What to throw in 3Qr? No more Bullets---Always the worst Qr in any Given Year

Sslee

5,929 posts

Posted by Sslee > 2023-11-12 07:48 | Report Abuse

Stony already lose his shirt and become topless. When will Stony lose his underwear, shoe and shock too and become bottomless

Sslee

5,929 posts

Posted by Sslee > 2023-11-12 07:58 | Report Abuse

Wishing all and Stony a Happy Diwali.

geary

6,337 posts

Posted by geary > 2023-11-12 10:52 | Report Abuse

NYSE/Nasdaq Equity News:
The price-to-book ratio has a big problem.
More and more U.S. companies report negative book value, the result of accounting rules and structural changes in the market.
This creates broad confusion and problems for the famous value factor, and indexes or strategies which rely on it as a measure of cheapness.

Negative equity companies are often written off as distressed, but after reporting negative equity, most of them survive for years and have, as a group, outperformed the market 57% of the time.

1. There are currently #118 companies in the U.S. market with negative equity. These companies have had negative equity for an average of over three and a half years, and

2. #25% have had negative equity for over five years.
One example is Domino’s Pizza which has had negative equity since their 2004 IPO but has outperformed the S&P 500 by a cumulative 1,442%.

3. McDonalds, H&R Block, Yum Brands, HP, Motorola, Denny’s, AutoZone, Wayfair, Starbucks, Papa John's, n many others are also on the list of those with negative book value.
Not classified as distressed companies in NYSE n Nasdaq.
FYI.
CapitalA Negative Equity, as stated by Sir Tony Fernandes, is reasonably correct anyway.
Stock Exchange, especially in ASEAN, need to change, to accommodate, more start-ups, franchises, with minimum paid up capital. FYI.

Sslee

5,929 posts

Posted by Sslee > 2023-11-12 11:09 | Report Abuse

Americians live on debts and credit card. As long as you got income to pay your monthly debts and house morthage then you will be fine. But once you lose your income and cannot pay your credit card or home mortgage. The bank for forclose your house and you become another homeless statistics living out on street.

So can capA not default on it current liabilities in the nest 12 months?
As at 30/6/2023 Capital A
Current assets: RM 2,269,900,000
Current liabilities: RM 14,208,631,000
Net current liabilities: RM (11,938,731,000)

Shareholders’ equity RM (8,390,820,000)
Non-controlling interest: RM (1,813,867,000)
Total equity: RM (10,204,687,000)

Capital A’s aviation is still lose making
Revenue/ASK: Q2 USD 4.22 cents cumulative 6 months USD 4.28 cents
Cost/ASK: Q2 USD 5.01 cents cumulative 6 months USD 4.72 cents
Cost/ASK ex fuel: Q2 USD 3.32 cents cumulative 6 months USD 2.95 cents


Friday, 13 Oct 2023: KUALA LUMPUR: Budget carrier AirAsia, a part of the Capital A Bhd group, is seeking a US$400mil loan, half of it from private credit funds, to refinance debt, according to people familiar with the matter.

Sslee

5,929 posts

Posted by Sslee > 2023-11-12 11:23 | Report Abuse

By the way do you know capA last RI is not an equity rights issue but a 7-YEAR REDEEMABLE CONVERTIBLE UNSECURED ISLAMIC DEBT SECURITIES ("RCUIDS") paying 8% yearly interest with free warrants.

The reason is most likely no bank will accept capA shares as collateral to lend multi-million to Stony for him to subscribe for his RI entitlement.

geary

6,337 posts

Posted by geary > 2023-11-12 11:53 | Report Abuse

https://www.tradingview.com/symbols/NYSE-DPZ/financials-balance-sheet/?statements-period=FY
Since listed in July 2004, Equity is negative, n now it's @-118.00/share.
Market Price is @378.51.
After about #20-Yr. Up 2,600%, that's 26 Baggers😮🤑
That's why most Americans love to invest in startups, unpolished diamond.
After it's better to find some unpolished diamond in NYSE/Nasdaq or probably HKEX.
Becoming a multimillionaire, within #10/20-Yr. High possibilities 👍
Bursa Aiyoo...Tak Boleh Lah!?🤮👎

geary

6,337 posts

Posted by geary > 2023-11-12 12:04 | Report Abuse

CapitalA International has a possibility of uptrend...if listed in Nasdaq!?
Well probably Will or Not...we shall see...when it's Listed.(1,000%-10 baggers🤑)!?
Insas Bhd...sampai mati...also below @1.00...🤮👎👎

Domino's Pizza:
Since listed in July 2004, Equity is negative, n now it's @-118.00/share.
Market Price is @378.51.
After about #20-Yr. Up 2,600%, that's 26 Baggers!

Posted by StartOfTheBull > 2023-11-12 12:07 | Report Abuse

Is there any present to wish Tony? For example a Crocodile seluar dalam?

Sslee

3,023 posts

Posted by Sslee > 4 hours ago | Report Abuse

Stony already lose his shirt and become topless. When will Stony lose his underwear, shoe and shock too and become bottomless


Sslee

3,023 posts

Posted by Sslee > 4 hours ago | Report Abuse

Wishing all and Stony a Happy Diwali.

stockraider

31,556 posts

Posted by stockraider > 2023-11-12 12:15 | Report Abuse

Do not get kon buying into almost bankrupt publicity company like Capital A loh!

Sustained wealth are make by Co that generate cash with little capex investment not like the Airasia Business Model..........with negative shareholders fund with huge borrowing loh!

A lot of people....chasing this type of business, but end result, these optimistic investors incurred huge losses eventually bcos of fallacy loh!

U can see many of these type of soooooochaiiiiiis loh!
Just look at GRABS & SEA.....use to be darling of ASIA stocks but now great loser stock mah!

Stay with surewin stock type like Insas the savior of all investors loh!

Sslee

5,929 posts

Posted by Sslee > 2023-11-12 14:10 | Report Abuse

Most likely Stony is purposely trying to get CapA delist from Bursa so that he has a free hand to list whatever inside capA in NYSE/Nasdaq that appreciate negative equity and come with a bonus of a celebrity CEO

SinGor

4,838 posts

Posted by SinGor > 2023-11-12 16:18 | Report Abuse

Delisting from Bursa is Not a Option for Tony ( always people thought this is the easy way Out ) Moving from
Listed Bhd and ordinary Bhd requires Revaluation of Debts and Assets by Lenders (Banks ) Are Cap A Books in Order???
Even Outsiders like me can sense Tony's Books Are heavily manipulated. Bank Auditors have to Check the
"Real Ones".......Right now Bankers Closed One Eye and Open One Eye, just donT want to stir-Up so much
Shits

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