Posted by MagicalBobby > 2023-11-12 16:28 |

Post removed.Why?

Posted by geary > 2023-11-12 17:36 | Report Abuse

https://www.tradingview.com/symbols/NYSE-AZO/financials-balance-sheet/?statements-period=FY
Listed July, 1991, @27.50/share!?
Book Value Now: @-243.00
Market Price Now: @2,702.00.😮
After above 30-YR...#9,750%...'Jiak Bei Liao'...😮🦾

Posted by geary > 2023-11-12 17:57 | Report Abuse

AutoZone (NYSE).
Listed July, 1991, @27.50/share!?($27,500)!?
Book Value Now: @-243.00(Negative)
Market Price Now: @2,702.00.😮($2,702,000)!?
#Insas laosai...cap itek/ayam...only kampung goblins 👺...tahu only🤮🥱!?
GRAB...probably a Watchlist...$2.50/3.00...can consider...🤔!?
After above 30-YR...#9,750%...'Jiak Bei Liao'...😮🦾

Posted by geary > 2023-11-12 20:00 | Report Abuse

Grab Public Listing Key Data and IPO Date
Grab IPO Date: December 2, 2021
Ticker: GRAB
Exchange: Nasdaq
IPO stock price: $10 ($11.89)
Valuation at IPO: $40 billion
Market cap (4/20/22): $11.71 billion
CEO: Anthony Tan
Category: Technology
Listing method: SPAC

Grab went public on December 2, 2021, launching its IPO on Nasdaq with the stock symbol GRAB.

The company’s management opted to go public by a merger with a special purpose acquisition company (SPAC). This is a public black-check company created solely for the purpose of merging with a promising startup. This means that rather than launching a traditional IPO, when a company registers everything from scratch, they merge with an existing public company, which makes the IPO process much cheaper and quicker for them.

SPACs have been around since the 90s, but in 2020-21 they became a super popular alternative for launching a company into the market.

Grab announced its deal with Altimeter Growth in April 2021 for $39.6, the largest SPAC deal to date, and raised $4.5 billion in the launch, which became the largest market debut by a Southeast Asian company.

However, Grab IPO was not to be a success everyone had hoped for. GRAB opened 20% up from its predecessor AGC on their IPO date, but the stock soon reversed and closed at $8.75. This made Grab founder and CEO Anthony Tan, who owned 2.2% a stake, a billionaire for less than a day. After that the stock price went downhill, and so did Tan’s net worth.
CapitalA International...will Succeed !?🤔🙌

Posted by Michael Kwok > 2023-11-13 00:11 | Report Abuse

Price 83 cents
The big meow meow must be in Langkawi witnessing the tourist lah.but word of warning,capital A need capital consolidate like aax.if not the money of listing in nasdaq not enough to bring down certain number for exit on pn 17.
13/11/23 12.11am

Posted by Sslee > 2023-11-13 07:48 | Report Abuse

Repost:

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.

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?? 😉🤣

Posted by Sslee > 2023-11-13 08:04 | Report Abuse

The only way for capA to get out of PN17 is to talk to Bankers to arrange a perpetual bond, a bond with no maturity date, therefore allowing it to be treated as equity, not as debt.

But then again at current time the interest of the bond will be high to be attractive for international investors like Mabel to invest in capA perpetual bond.

By the way Serba with Dubai feller also default on its bond.

Posted by geary > 2023-11-13 16:46 | 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 companies and restaurant chains:

1. Domino's Pizza: Listed 2004, @14.00.
Since listed, Negative Equity.
Now it's @-118.00.
Market Value Now: @378.00.

2. Starbucks: Listed 1992, @17.00.
Negative Equity: @-7.00.
Price Now: @104.00.

3. AutoZone: Listed 1991, @27.50.
Negative Equity: @-243.00
Price Now: @2,702.00.

4. YUM Brands. Listed 1997, @5.40.
Negative Equity @-31.70.
Price Now @125.50.

5. GRAB. Listed Dec, 2021, @10.00.
Positive Equity: @1.71.
Price Now @3.40.
(Listed less than 5 years...2026...then we will know...!?)

6. Coming Soon.
CapitalA International: IPO 2024, Listed Price @10.00.
Negative Equity: @-2.00.
Price Coming Soon: !?!?!?...🙌👍🤔!

Posted by gemtech8888 > 2023-11-13 19:37 | Report Abuse

Meow,u better spread legs sell old Xi Ham n ripped Papaya

Posted by Sslee > 2023-11-13 19:51 | Report Abuse

While typically characteristic only of insolvent businesses, negative shareholders’ equity has become more common among healthy, profitable businesses. Many are large restaurant chains, including McDonald’s, Starbucks, Yum! Brands, and Papa John’s. Since none of the above reported negative equity a decade ago, a close study of each company’s financial statements over the period 2010-2019 revealed how these deficits came about. Each company was able to pay out, as dividends and share repurchases, well over 100% of its reported earnings during the period. Interestingly, this is not because earnings understated each company’s cash-generating capability; in fact, there is strong evidence that earnings overstated reality for McDonald’s and Yum! Brands. In general, the primary driver was massive debt issuance, followed by refranchising (selling company-operated restaurants to franchisees). Of the four companies, Starbucks has the highest ability to continue distributing over 100% of earnings, while Yum! Brands does not appear to have much more room to do so.

Each company was able to push equity negative because of the wide spread between its return on assets and cost of liabilities. Each has negative net working capital, which is essentially a cost-free source of funding, and was able to issue massive amounts of debt at low single digits rates. Meanwhile, return on assets averaged between 15-30% (due to powerful unrecorded intangible assets like brand and supply chain capabilities). The extreme case is Yum! Brands, whose debt at the end of 2019 was around twice the level of total recorded assets, yet their interest coverage ratio was a fairly comfortable 4.0x.

There are a few important implications for investors. First, negative equity is characteristic of companies on opposite ends of the business quality spectrum. Secondly, for many companies, metrics involving equity have lost their relevance and should be ignored. Next, issuing debt to repurchase shares can be a great strategy if cost of equity greatly exceeds cost of debt, but it carries substantial risk if done too aggressively (the primary risk being that interest rates are substantially higher in the future). Lastly, businesses that appear overvalued using traditional metrics like price-to-earnings may in fact by greatly undervalued, as is the case for one that can distribute well over 100% of reported earnings for an extended period of time.

Posted by Sslee > 2023-11-13 20:08 | Report Abuse

Most likely capA if survive will not be able to pay any dividend for next 10 to 15 years.

And by the way capA intangible assets (goodwill, landing rights and internal developed software) is now value at RM 4,699 million which will be subjected to yearly impairment loss.

Note:McDonald’s, Starbucks, Yum! Brands, and Papa John’s return on assets averaged between 15-30% (due to powerful unrecorded intangible assets like brand and supply chain capabilities)

If take out the RM 4,699 million intangible assets from capA book, tgen capA total equity: RM (10,204,687,000 + 4,699,000,000)

So according to geary the more negative equity the merry.

Posted by Sslee > 2023-11-13 20:12 | Report Abuse

Know why I ask question 11 for the coming Insas AGM?

With Equity Attributable to Owners of the Company RM 2,342,233,000 of which retained earnings is RM 1,419,807,000 and of the retained earnings the Net Financial assets is RM 1,418,421,000.

Question 11: Return of Equity (%): FY2023 a poor 5.2% is not the fault of Insas Management Team but mainly due to BOD keep too much retained earnings (Equity keep growing) and hence will BOD kindly rectify the imbalance by distribute portion of the retained earnings to shareholders in the form of special dividend?

Posted by paulthesotong > 2023-11-14 10:41 | Report Abuse

quote n unquote...

" I feel this week is turning point fpr AAX n CApA Aviation Group''

Posted by geary > 2023-11-14 12:50 | Report Abuse

Sslee
Know why I ask question 11 for the coming Insas AGM?

With Equity Attributable to Owners of the Company RM 2,342,233,000 of which retained earnings is RM 1,419,807,000 and of the retained earnings the Net Financial assets is RM 1,418,421,000.

Question 11: Return of Equity (%): FY2023 a poor 5.2% is not the fault of Insas Management Team but mainly due to BOD keep too much retained earnings (Equity keep growing) and hence will BOD kindly rectify the imbalance by distribute portion of the retained earnings to shareholders in the form of special dividend

U r the shareholder...no harm asking reasonable demand.
But they are very unfriendly...BODs!?
All these years, average dividend was around #0.02/share. Plus Treasury Shares...but they took back from shareholders, issued rights. That's nonsense, with their huge free cash flows n retained earnings.
🤮🥱👎

Posted by Sslee > 2023-11-14 13:02 | Report Abuse

INSAS RI is RPS (Insas-PB) expired on Feb 2026 paying 3.8% interest with free warrants. It was issued to redeem the previous RPS Insas-PA that pay 4% interest expired on 2020.

Someone told me the RI is a way to reward shareholders so I subscribe my entitlement with 10% excess. During the last rally of Insas, I sold all my Insas-WB for 6 digits gain.

Posted by paulthesotong > 2023-11-14 14:33 | Report Abuse

" Hopefully GE Aerospace n Asia Digital Engineering we will have all our planes back by DEC 23."

Posted by Sslee > 2023-11-14 15:11 | Report Abuse

Sorry typo error.
Insas-WC not insas-WB.
Insas-WB, stockraider bought 1 million at RM 0.005 for 5 thousand and have a narrow escape selling back at RM 0.005 before Insas-WB expired.

Guess what will capA fall to RM 0.XXX just before suspension and delisting?

Posted by paulthesotong > 2023-11-14 15:29 | Report Abuse

Thai can do also I can do..

https://www.bangkokpost.com/business/general/2682419/thai-airways-posts-fourth-straight-profit-as-china-numbers-grow

Posted by Sslee > 2023-11-14 15:38 | Report Abuse

Ryanair is lucky to cater for EU market where people have less children and can afford to take long leave for leisure travel.

AA cater for SEA/Asean market (many budget airlines to choose from)and many people cannot afford to take long leave for leisure travel hence if you raise the fares most likely AA cannot fill up the planes.

So AA is forced to cut price with mega/super sale just to fill up the planes.

AA/Stony is damned if you do and damned if you don't

Posted by StartOfTheBull > 2023-11-14 16:27 |

Post removed.Why?

Posted by geary > 2023-11-14 22:38 | Report Abuse

World's Best Low Cost Airlines!
Capital A CEO, Tony Fernandes said: “We are immensely proud and grateful for this meaningful award given to us by the Skytrax organisers, voters, and the incredible supporters of AirAsia. Getting an award of excellence for 14 consecutive years is a remarkable achievement, one that fills our hearts with joy and humility. This is an extraordinary feat for any company in any industry, even more so for an Asean brand. We would like to dedicate this award to our outstanding team of 22,000 Allstars, who tirelessly strive to provide the best service and experience to millions of our guests, both on the ground and in the air. Together, we have redefined low-cost aviation and set new benchmarks, and we will continue to soar even higher by listening, adapting and innovating. Thank you for being a part of our incredible journey."
2. Scoot.
13. Ryanair.
Volotea is Europe Best Low Cost Airlines.
FYI.

Posted by Sslee > 2023-11-15 10:21 | Report Abuse

AirAsia yet to respond to Sarawak's call to reconsider flight suspension

By Bernama | 2023-11-14 20:32:40
SIBU (Nov 14): Air Asia Malaysia chief executive officer Riad Asmat has yet to respond to the Sarawak Transport Ministry’s call to reconsider the company’s plan to suspend Singapore-Miri and Singapore-Sibu flights, effective Feb 21 next year.

Sarawak Transport Minister Datuk Seri Lee Kim Shin said that the letter from his ministry to Asmat, dated Nov 8, also called for the airlines to continue and maintain the two routes with a reduced flight frequency until low load problems are solved in the future.

“Once the load is stabilised and improved in the future, AirAsia may increase the flight frequency for the two routes. Currently, AirAsia is operating four times from Singapore to Miri and three times to Sibu weekly, with an average load capacity of 69% and 67% respectively,” he said in a statement on Tuesday.

The ministry, on Nov 7, received an email from AirAsia stating that the airline will be suspending the two flight sectors, due to low load factors, heavy losses and as part of rationalisation of their fleet operations.

Meanwhile, he said Scoot Pte Ltd, through its chief commercial officer, Calvin Chan, had reaffirmed SCOOT’s Airlines plan to increase flights to Sarawak, particularly Kuching and Miri, as well as starting a new route to Sibu next year.

Lee said that the actual date for the increased flights and route to Sibu could not be ascertained now, pending the arrival of new aircraft, which would most probably be in the second quarter of 2024.

He added that SCOOT is currently flying daily from Singapore to Kuching and three times weekly to Miri since February 2022, and it would be timely for the airline to increase its operations to Miri and Sibu, since both destinations play an important role for business travellers and nature-loving tourists.

“We believe that this initiative will boost tourism and economic activity in Sarawak, where Miri and Sibu have been highlighted as one of the main tourist attractions, with numerous wildlife, pristine rainforest and a harmonious social environment,” he said.

Apart from that, he said Miri would also receive additional flights from Firefly Sdn Bhd, which would operate two flights weekly between Miri and Kota Kinabalu, starting Nov 22.

“We believe that this initiative will be the beginning of stronger relations between Firefly Sdn Bhd and Sarawak, thus boosting air connectivity for business, investment, and tourism ac

Posted by Huangbk72 > 2023-11-15 10:56 |

Post removed.Why?

Posted by KSJHBM > 2023-11-15 11:01 | Report Abuse

S

Posted by Huangbk72 > 2023-11-15 11:05 |

Post removed.Why?

Posted by Huangbk72 > 2023-11-15 11:08 |

Post removed.Why?

Posted by Huangbk72 > 2023-11-15 11:27 |

Post removed.Why?

Posted by StartOfTheBull > 2023-11-15 12:22 |

Post removed.Why?

Posted by geary > 2023-11-15 21:39 | Report Abuse

Millions of global travellers voted AirAsia as the World’s Best Low-Cost Airline for the 14th consecutive time at Skytrax
PARIS, 21 June 2023 - AirAsia has been voted the World’s Best Low-Cost Airline at the Skytrax World Airline Awards 2023 (Skytrax) for an unprecedented 14th consecutive time.

As a global benchmark of airline quality and excellence, the final award results include more than 325 airlines with AirAsia emerging on top in its category. Over 100 nationalities of travellers participated in the online survey, with 20.23 million eligible entries counted in the results from September 2022 to May 2023, a period when AirAsia had steadily increased its network back to over 130 destinations.

This exceptional recognition comes as a resounding testament to the airline's recovery and robust growth in its routes and passengers carried, alongside an unwavering commitment to innovation and providing exceptional service despite the challenges brought about by the global pandemic. As a result, AirAsia once again remains the top low-cost airline for travellers seeking the best for value and choice.

In accepting the award at a ceremony at the Paris Air Show 2023 in France on Tuesday, Capital A CEO, Tony Fernandes said: “We are immensely proud and grateful for this meaningful award given to us by the Skytrax organisers, voters, and the incredible supporters of AirAsia. Getting an award of excellence for 14 consecutive years is a remarkable achievement, one that fills our hearts with joy and humility. This is an extraordinary feat for any company in any industry, even more so for our proudly Asean brand.”

Edward Plaisted, CEO of Skytrax said: “AirAsia is a survey passenger favourite and have delivered a remarkable degree of consistency year-on-year since the World's Best Low-Cost Airline category was introduced to the awards programme in 2010. The recognition from customers should be a great source of pride for the airline management and staff in what has been a difficult period as travel returns after the Covid pandemic.”

With 170 planes already back in service across the Group, AirAsia expects to have all 204 reactivated by the end of August this year. Not only will it achieve 100% of pre-pandemic capacity in the coming months, the airline is also looking to spread its wings even further with the addition of 19 new planes which will take flight this year, including four Frontier planes.

AirAsia has also recommenced its longer-term aircraft orders to bring its fleet to the biggest yet to have 362 planes, the first of which will be delivered in 2024. The airline is also looking forward to its cargo and logistics business Teleport to receive the first of the three dedicated A321Fs freighters in July, to boost volume and speed for cross-border deliveries in the region.

AirAsia also reaffirms its commitment to excel in customer experience with numerous AI enhancements for its chatbot AskBo alongside the continued rollout of its own biometric facial recognition technology - FACES - on its core domestic routes, which will make flying and connecting with the airline more efficient and seamless than ever before.

2nd is Scoot(SIA subsidiary)
3rd is Indigo Airlines.
*13th is Ryanair...Why number 13th... unlucky number leh...🤦!?

Posted by chamlo > 2023-11-16 13:50 | Report Abuse

Anthony Loke please build more railways esp HSR.

Posted by chamlo > 2023-11-16 13:51 | Report Abuse

Transport minister: Slightly fewer domestic flights on time in last quarter, AirAsia and Malaysia Airlines worst performers
https://www.malaymail.com/news/malaysia/2023/11/16/transport-minister-slightly-fewer-domestic-flights-on-time-in-last-quarter-airasia-and-malaysia-airlines-worst-performers/102345

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

holiday travels packed, oil down< 78 , interest rate peaked...Green!

Posted by Sarwajagat00 > 2023-11-17 11:11 | Report Abuse

Another green QR is estimated this month for Cap A 😉

Posted by Sslee > 2023-11-17 17:35 | Report Abuse

BANGKOK, 15 November 2023: Asia Aviation Plc, the sole shareholder of Thai AirAsia, announces its operational results for the third quarter of 2023 with total revenue reaching THB9,898.7 million, increasing 102% year-on-year (YoY) while controlling operational costs effectively.

Excluding fuel costs, the company’s cost per unit (CASK ex-fuel) decreased by 33% from the same period last year. EBITDA for the period was positive at THB389.1 million, bouncing from a loss of THB601.3 million the previous year.

Depreciation of the Thai baht towards the end of the quarter resulted in an unrealised loss from exchange rates of THB813.5 million, mostly an accounting loss with no impact on the company’s liquidity. Overall, the company saw a loss in the quarter of THB1,694.7 million, significantly improving from a loss of THB4,050.2 million in the same period last year.

Posted by Sslee > 2023-11-17 17:53 | Report Abuse

Indonesia airasia:
Laporan laba rugi dan penghasilan
komprehensif lain
30 September 2023

Profit (loss) attributable to parent entity ( 875,420,057,607 )

Posted by Sslee > 2023-11-17 18:10 | Report Abuse

Most likely capA Q3 is a lose making quarter.
@geary any prediction on CapA Q3 financial result?

Posted by Felix888999 > 2023-11-18 16:54 |

Post removed.Why?

Posted by Sslee > 2023-11-18 17:02 | Report Abuse

So will anyone dumb dumb hold capA and average down all the way till suspension and delist like serbadk?

Posted by paulthesotong > 2023-11-18 17:13 | Report Abuse

Obviously, here many folks dont like CaptainAmerica.Thats OK... Wait until its lift off.

Posted by Sslee > 2023-11-18 17:39 | Report Abuse

Preliminary Operating Statistics
For the 3rd Quarter of 2023
Thailand
AirAsia Thailand Jul-Sep 2023 Jul-Sep 2022 Change
Passengers Carried¹ 4,555,306 2,754,920 65%
Capacity² 5,077,838 3,155,112 61%
Load Factor (%)³ 90 87 2ppt
ASK (mil)⁴ 5,921 2,863 107%
RPK (mil)⁵ 5,219 2,478 111%
Number of stages⁶ 27,868 17,269 61%
Average stage length (km) 1,161 906 28%
Size of fleet at quarter end (aircraft)⁷ 54 58 -4
Operating aircraft at quarter end (aircraft) 46 35 11

Indonesia
AirAsia Indonesia Jul-Sep 2023 Jul-Sep 2022 Change
Passengers Carried¹ 1,774,083 1,068,900 66%
Capacity² 1,999,260 1,308,060 53%
Load Factor (%)³ 89 82 7ppt
ASK (mil)⁴ 2,875 1,621 77%
RPK (mil)⁵ 2,547 1,347 89%
Number of stages⁶ 11,107 7,267 53%
Average stage length (km) 1,438 1,239 16%
Size of fleet at quarter end (aircraft)⁷ 30 24 6
Operating aircraft at quarter end (aircraft) 22 12 10

Philippines
AirAsia Philippines Jul-Sep 2023 Jul-Sep 2022 Change
Passengers Carried¹ 1,641,107 1,219,055 35%
Capacity² 1,782,012 1,376,460 29%
Load Factor (%)³ 92 89 4ppt
ASK (mil)⁴ 1,732 1,005 72%
RPK (mil)⁵ 1,540 873 76%
Number of stages⁶ 9,900 7,647 29%
Average stage length (km) 972 730 33%
Size of fleet at quarter end (aircraft)⁷ 25 24 1
Operating aircraft at quarter end (aircraft) 15 9 6

Malaysia
AirAsia Malaysia Jul-Sep 2023 Jul-Sep 2022 Change
Passengers Carried¹ 6,734,950 4,840,319 39%
Capacity² 7,627,949 5,601,821 36%
Load Factor (%)³ 88 86 2ppt
ASK (mil)⁴ 9,445 5,928 59%
RPK (mil)⁵ 8,244 5,102 62%
Number of stages⁶ 41,440 29,962 38%
Average stage length (km) 1,231 1,043 18%
Size of fleet at quarter end (aircraft)⁷ 102 105 -3
Operating aircraft at quarter end (aircraft) 69 47 22

If Thailand AA and Indonesia AA with load factor of 90% and 89% still lose making. Isn't that tell you something is very wrong with capA' aviation business model?

Posted by paulthesotong > 2023-11-19 07:32 | Report Abuse

Obviously many folks here don't have Captain America.Its OK. All your doles will on shd by eoty!

Posted by Mikecyc > 2023-11-20 07:42 |

Post removed.Why?

Posted by Velmani > 2023-11-21 11:16 | Report Abuse

Nice bounce! Hope go up RM1 plus

Posted by Mabel > 2023-11-21 12:18 | Report Abuse

Meow Meow Meow

Posted by paulthesotong > 2023-11-21 12:34 | Report Abuse

no need to sing...listen to sound

https://www.google.com/search?q=air+asia+plane+takeoff+with+sound+effect&oq=air&aqs=chrome.0.69i59l2j46i512j46i131i199i433i465i512j69i59l2j69i60l2.4013j0j7&sourceid=chrome&ie=UTF-8#fpstate=ive&vld=cid:8e44093d,vid:QWol1CG6igA,st:0

Posted by Mabel > 2023-11-21 12:55 | Report Abuse

Haha right Paul...

Listening..our AA so power...

Meow Meow Meow

Posted by Dilmahgreyearl > 2023-11-21 17:18 | Report Abuse

Soaring

Posted by The_JQuestion > 2023-11-21 21:32 | Report Abuse

dirty old man tactics ask ppl dumb say wanna delist aax / cap A . rotten to the core.
ANyways , i said it nothing can stop AAX.... and soon ntg will stop cap A . TOny will not rest till he does it. he is the greatest magician, going to pull another hat trick !
doubters just can drop their jaws and drip their saliva as we cash in to our fat bank cheques!! and we can finally go on the 5 stars holiday with the losers that they so much boast about !! and we will tell them,"Hey, we took airasia and we are in the same hotel restaurant/bar! "

Posted by Sslee > 2023-11-21 22:02 | Report Abuse

AAX q3 Average fuel price (USD/Barrel) 113
CapA q2 Average fuel price (USD/Barrel) 104

What will be CapA q3 Average fuel price (USD/Barrel)?
And capital A’s aviation q3 will lose how many millions?

Note: Capital A’s aviation q2 is 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

Posted by Sslee > 2023-11-21 22:04 | Report Abuse

Is AAX q3 net profit of RM5.6 million a very good result?