Posted by Mabel > 2024-01-06 09:00 | Report Abuse

Negative equity can occur for various reasons, such as a decline in the asset’s value, an increase in the debt’s value, or a combination of both. Negative equity can have negative consequences, such as reducing the net worth of the owner, limiting the ability to borrow more money, or increasing the risk of default or foreclosure.

However, negative equity can also have positive effects, such as lowering the tax liability of the owner, increasing the cash flow of the owner, or creating an opportunity for refinancing or restructuring. Different markets in Asia may have different views and attitudes toward negative equity, depending on their economic, legal, and cultural factors.

Some markets may be more tolerant and supportive of negative equity, while others may be more cautious and critical of negative equity.

For me, CapitalA rise to occasion to meet the national agenda..

Posted by Mabel > 2024-01-06 09:12 | Report Abuse

Book value is the value of a company’s assets minus its liabilities, as reported on its balance sheet. Book value can be used to measure the net worth of a company, or to compare its market value with its intrinsic value.

However, book value may not always reflect the true or fair value of a company, because it is based on historical costs and accounting methods, which may not capture the current market conditions or the future growth prospects of the company.

Therefore, some traders and investors may rely on book value as a valuation metric, but they may find out that the book value is either inflated or deflated, and that the company is either overvalued or undervalued by the market.

As a trader/investor as long as your P&L is positive, there is nothing to fear.

Maybank give a TP of RM 1.01
In December 2024 HLIB has revised its target price to RM1.40, citing a robust recovery in the aviation sector.

Today our Minister also said "Aviation industry to see robust growth in 2024"

That is good enough for Mabel, so apy that every wang can now fly to meet their loves one this cuming Year of the Dragon..

Captain Mabel Meow

Posted by Mabel > 2024-01-06 09:43 | Report Abuse

Benchmarking with Singapore Airline:

For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Singapore Airlines, this is the formula:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

0.093 = S$3.0b ÷ (S$47b - S$14b) (Based on the trailing twelve months to September 2023).

So, Singapore Airlines has an ROCE of 9.3%. Even though it's in line with the industry average of 9.3%, it's still a low return by itself.

Basically the business is earning more per dollar of capital invested and in addition to that, 49% more capital is being employed now too. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why Mabel is impressed.

To sum it up, Singapore Airlines has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. Since the stock has only returned 9.6% to shareholders over the last five years, the promising fundamentals may not be recognized yet by investors. Given that, we'd look further into this stock in case it has more traits that could make it multiply in the long term.

As in any business Singapore Airlines does have some risks too. What’s is important for Mabel it continues to generates good Dividend and continue to help Everyone can fly just like Air Asia.

Want to play safe, put your money in FD..

Meow

Posted by Sslee > 2024-01-06 09:44 | Report Abuse

Is CapA cash flow positive????
Repost:
Stock: [ICAP]: ICAPITAL.BIZ BHD
Dec 30, 2023 8:06 AM | Report Abuse

However, on EBITDA basis, it made close to about $ 400 million ++/quarter or about 1.7 billion/year

EBITDA pisitive, is it really so???
Do you know under MFRS 16:

(i) On the Consolidated Income Statement, expenses which were previously included under aircraft operating leases will be replaced by finance costs – lease liabilities and depreciation of right of use asset;

(ii) On the Consolidated Cash Flow Statement, operating lease rental outflows, previously recorded within net cash flow from operating activities, are classified as “net cash flow used in financing activities” for repayment of principal of lease liabilities.

CapA' NUMBER DONT LIE..and it is horrible.

Net current liabialities increase from begining of year
Net current liabilities: RM (8,509,066,000) to as at 30/9/2023
Net current liabilities: RM (12,527,863,000)
Is that a good 9 months for capA?
Will capA not default on the current liabilities in the next 12 months?

As at 31/12/2022 Capital A
Current assets: RM 1,768,954,000
Current liabilities: RM 10,278,023,000
Net current liabilities: RM (8,509,066,000)
Shareholders’ equity RM (5,725,093,000)
Non-controlling interest: RM (3,791,865,000)
Total equity: RM (9,516,958,000)

As at 30/9/2023 Capital A
Current assets: RM 2,072,007,000
Current liabilities: RM 14,599,870,000
Net current liabilities: RM (12,527,863,000)
Shareholders’ equity RM (8,427,155,000)
Non-controlling interest: RM (2,101,925,000)
Total equity: RM (10,529,080,000)

Repost for you to ponder with leases payment of abt RM 700 million and increasing per quarter can capA make any meaningfull profit in 2024?

Quarter end 30/09/23: Cumulative 9 months
RM: RM
Depreciation on right of use assets: (444,404,000): (1,124,591,000)
Finance cost -lease liabilities: (251,274,000): (656,333,000)

CapA is now like a taxi driver, driving a rental car from a taxi company.
How many passengers a taxi driver must picked up to pay for the car rental before he can earned a living?

For capA even last quarter 89% load factor is still a loss making quarter.

Posted by Mabel > 2024-01-06 10:39 | Report Abuse

#Sslee Is CapA cash flow positive????
Repost:
Stock: [ICAP]: ICAPITAL.BIZ BHD
Dec 30, 2023 8:06 AM | Report Abuse

CapA' NUMBER DONT LIE..and it is horrible.

As at 30/9/2023 Capital A
Current assets: RM 2,072,007,000
Current liabilities: RM 14,599,870,000
Net current liabilities: RM (12,527,863,000)
Shareholders’ equity RM (8,427,155,000)
Non-controlling interest: RM (2,101,925,000)
Total equity: RM (10,529,080,000)

CapA is now like a taxi driver, driving a rental car from a taxi company.
How many passengers a taxi driver must picked up to pay for the car rental before he can earned a living?

For capA even last quarter 89% load factor is still a loss making quarter.
06/01/2024 9:44 AM

Today our Minister said "Aviation industry to see robust growth in 2024". That is good enough for Mabel, so happy that everyone can now fly to meet their loves one this cuming Year of the Dragon..

CAPITALA’s regularisation plans to exit PN17 in the works. The group plans to divest its aviation group to AirAsia X in exchange for shares which will subsequently be distributed back to its shareholders. While Mabel continue to like CAPITALA for being a beneficiary of the recovery in air travel as the pandemic comes to an end, Mabel is mindful of it still being under the PN17 status as CapitalA Number don’t lie and it is horrible. As at 30/9/2023 Capital A:

Current assets: RM 2,072,007,000
Current liabilities: RM 14,599,870,000
Net current liabilities: RM (12,527,863,000)
Shareholders’ equity RM (8,427,155,000)
Non-controlling interest: RM (2,101,925,000)
Total equity: RM (10,529,080,000)
This translate to -RM 2.00 Book Value and is currently trading at RM 0.83!


Do you know that Domino’s Pizza has negative shareholder equity for years?. Shareholder equity is the difference between total assets and total liabilities. Negative shareholder equity means that the company owes more than it owns. This can happen when a company borrows a lot of money to finance its operations, such as share buybacks and dividends. Domino’s Pizza has been doing this for a long time, and as a result, its total debt has increased from $1.5 billion in 2014 to 3.68 billion in the trailing 12months. Its shareholder equity has decreased from -0.26 billion in 2014 to $-4.85 billion in the trailing 12 months.

Domino’s Pizza has a high market value despite its negative shareholder equity. Market value is the current price of the company’s shares multiplied by the number of shares outstanding. Market value reflects the expectations and sentiments of the investors about the company’s future performance and growth potential. Domino’s Pizza has a high market value because it has been growing its revenue, earnings, and free cash flow consistently over the years. It has also been expanding its global presence and increasing its market share in the pizza industry. Domino’s Pizza has a market cap of $14.37 billion as of January 2024, which is about 3 times its annual revenue of $4.54 billion. Its share price is 412.23 as of January2024, which is about 3.5 times its book value per share of-118.74.

However Domino’s Pizza has positive free cash flow for years. Free cash flow is the amount of cash that a company generates from its operations after deducting the capital expenditures. Free cash flow is an important indicator of a company’s financial health and profitability. It shows how much cash a company has left to invest in growth, pay dividends, or reduce debt. Domino’s Pizza has positive free cash flow because it has a high operating margin and a low capital intensity. It does not need to spend a lot of money on building or maintaining its stores, as most of its sales come from delivery and carryout. Domino’s Pizza has a free cash flow of $362.86 million for the quarter ending September 30, 2023, which is a year-over-year increase. Its free cash flow for the trailing 12 months is $1.06 billion, which is also a year-over-year increase..

Here lies the main difference. Domino’s Pizza customers usually pay for their orders when they place them online or over the phone, and then the payment is processed by the company’s payment system and transferred to the company’s bank account. However, some customers may also pay for their orders when they pick them up from the store or when they receive them from the delivery person, and then the payment is collected by the store or the delivery person and transferred to the company’s bank account.

CapitalA are paid in advance meaning to get from point A to point B. This means that customers pay for the services before they receive them and 2023 is a great year for our CapitalA as it has been reporting narrower and narrower losses. 2024 will be better...

Posted by Mabel > 2024-01-06 10:40 | Report Abuse

Benchmarking with Singapore Airline: Singapore Airlines has an ROCE of 9.3%. Basically the business is earning more per dollar of capital invested and in addition to that, 49% more capital is being employed now too. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why Mabel is impressed. As in any business Singapore Airlines does have some risks too. What’s is important for Mabel it continues to generate good Dividend and continue to help Everyone can fly just like Air Asia.

*Summing up*..

Different investors have different risk appetites and return expectations, depending on their goals, time horizon, and personal preferences. Therefore, it is important for each investor to analyse their own situation and choose the investments that suit their risk and reward profile.

Some sources suggest that Domino’s Pizza is a high-risk, high-reward investment, because it has a high valuation, a high debt level, and a high growth potential.

Some sources also suggest that CapitalA is a high-risk, high-reward investment, because it is a venture capital firm that invests in early-stage startups that have a high failure rate, but also a high upside potential..

To Our Success!

Captain Mabel Meow

Posted by DickyMe > 2024-01-06 10:46 | Report Abuse

Benchmarking with SIA which has government support is like comparing Tony and Andre the Giant.

Posted by Mabel > 2024-01-06 10:49 | Report Abuse

Haha Good one Dicky...hihihi

Posted by Sslee > 2024-01-06 10:51 | Report Abuse

Benchmarking capA with SIA is like comparing taxi driver driving a rented car from taxi company and one who is driving and owning the taxi company.

Posted by Mabel > 2024-01-06 10:54 | Report Abuse

#DickyMe Benchmarking with SIA which has government support is like comparing Tony and Andre the Giant.
06/01/2024 10:46 AM

Just like SIA, CapitalA AirAsia was also paralysed by the pandemic without any revenue. However, unlike SIA with Big Brother Temasek cumming to the rescue, CapitalA took many initiatives to revive and stay afloat without any help from the Malaysian Government. Now you know why Mabel salute Air Asia.

Lastly, Mabel’s AirAsia enjoys continued success being named the World's Best Low-Cost Airline in 2023 for 14X, with Mabel’s Singapore's Scoot taking the top title as the World’s Best Long Haul Low-Cost Airline.

To Our Success!

Captain Mabel Meow

Posted by DickyMe > 2024-01-06 11:03 | Report Abuse

Taxi driver was able to provide more than 100% dividend in total since beginning business.
I have no complain. The last dividend payout was about 90+%. Even GLCs could not afford to payout dividends like a taxi driver. Rotten pickles are everywhere!

Posted by Mabel > 2024-01-06 11:12 | Report Abuse

#DickyMe Taxi driver was able to provide more than 100% dividend in total since beginning business.
I have no complain. The last dividend payout was about 90+%. Even GLCs could not afford to payout dividends like a taxi driver. Rotten pickles are everywhere!
06/01/2024 11:03 AM

Haha..so nice...Today we will have Domino Pizza for lunch. No need to fly to Italy. Value for Money and soooo delicious..Yummy..

Yes lah..Before the Pandemic, all shareholders were celebrating as shareholders of AirAsia have been showered with 90 sen per share special dividend, which is worth more than RM3bil in total payout. The dividend is equivalent to 34% of dividend yield from the last traded price of AirAsia's shares at RM 2. The year before he showered us with 64 sen Dividends and 12 sens even before that. Mabel recall EVERY WANG in Air Asia were FLYING that time..

Meow Meow Meow

Posted by paulthesotong > 2024-01-06 11:34 | Report Abuse

Have Your Safe Seat!

https://www.airlineratings.com/news/airasia-group-amongst-safest-low-cost-airlines-for-2024/#:~:text=AirAsia%20Group%2C%20including%20medium%20haul,the%20annual%20AirlineRatings.com%20rankings.

Posted by Sslee > 2024-01-06 11:49 | Report Abuse

CapA used to own the taxi company and charged regional AA JV very high rental. But alas capA sold the taxi company to pay high dividend to AA shareholders and now Stony had to work his ass/butt off just to pay the rental to taxi company.

Posted by paulthesotong > 2024-01-06 12:04 | Report Abuse

Sslee...

as statement for as at last yr foreigners still holding 21.377% of CapA...In state of Pn17 for more than 2 yrs these shlds seem not have abandoned the planes ..What you say on these?

Posted by UlarSawi > 2024-01-06 15:31 | Report Abuse

I dont trust this Capital A, before covid boast about their staff being allstars, came covid they got rid of their staff first and give out unpaid leave.

Posted by paulthesotong > 2024-01-06 15:59 | Report Abuse

C19...desperate times call for desperate measures.

Posted by Sslee > 2024-01-06 17:34 | Report Abuse

I also wonder why icapital and foreign fund still holding on their capitalA share?
Do they know capitalA is a PN17 and an insolvent company?
Will capA not default on the current liabilities in the next 12 months?

As at 30/9/2023 Capital A
Current assets: RM 2,072,007,000
Current liabilities: RM 14,599,870,000
Net current liabilities: RM (12,527,863,000)
Shareholders’ equity RM (8,427,155,000)
Non-controlling interest: RM (2,101,925,000)
Total equity: RM (10,529,080,000)

And why IBs analyst can't read financial report?
However, on EBITDA basis, it made close to about RM 400 million ++/quarter or about 1.7 billion/year.

People try to dress up financial statements with it.” “We won't buy into companies where someone's talking about EBITDA. If you look at all companies, and split them into companies that use EBITDA as a metric and those that don't, I suspect you'll find a lot more fraud in the former group.

What does Charlie Munger say about EBITDA?
“Every time you hear EBITDA, just substitute it with 'bullsh*t'.

Posted by Agjl > 2024-01-06 18:59 | Report Abuse

Monday price will move..

Posted by geary > 2024-01-06 19:10 | Report Abuse

OTHERS Capital A Berhad ("Capital A" or the "Company") - Announcement on Percentage of Foreign Shareholding in Capital A as at 29 December 2023
CAPITAL A BERHAD

Type Announcement
Subject OTHERS
Description Capital A Berhad ("Capital A" or the "Company")
- Announcement on Percentage of Foreign Shareholding in Capital A as at 29 December 2023
The Company wishes to announce for public information that as at 29 December 2023, 21.377% of the issued and paid-up share capital of Capital A of 4,254,582,384 ordinary shares were held by foreigners.

The percentage of ownership of shares in the Company by foreigners has not exceeded the limit of 45% of the Company's total issued and paid-up share capital ("Prescribed Limit").

Pursuant to the Securities Industry (Central Depositories) (Foreign Ownership) Regulations 1996, shares held by foreigners which are within the Prescribed Limit shall be entitled to all rights and entitlements attached to the shares.

This announcement is dated 3 January 2024.

These foreign funds, loaded/private individual, don't know how to read Financial Statements, is it Sslee!?

Don't bark up the Wrong Tree LOH...n creating half baked truth... foreigners n we shareholders are laughing at u LOH!?
Keep on writing to Bursa SC n complain LOH!?
By the way...as Sir Tony emphasized clearly, Negative shareholders Equity... it's an accounting issued.
Who are u to say...u don't run the company...day in n day out!?
U jaga your own 'pantat'...for us we can take higher...Risk... because we can afford to lose #5% of our capital.
We don't 'Sailang'...@100% into single company Equity.
By the way .. it's only time will decide...how the 'Market Crowd'...will behave towards CAPITALA!?
Trade at your own Risk/Reward Ratio...@2.00...will sell #50%...@4.00...sell another #50%...Hold #5% for DY/bonus...🙏🤓





Announcement Info
Company Name CAPITAL A BERHAD
Stock Name CAPITALA
Date Announced 03 Jan 2024
Category General Announcement for PLC
Reference Number GA1-03012024-00024

Posted by geary > 2024-01-06 19:32 | Report Abuse

AirAsia amongst world’s safest low cost airlines
SEPANG, 6 January 2024 - AirAsia Group, including medium haul affiliate airlines AirAsia X and Thai AirAsia X have been once again confirmed as one of the safest low cost carriers in the world for 2024 by the aviation experts at AirlineRatings.com.

The world’s only airline safety and product rating agency on Wednesday announced its top 20 safest low cost airlines for 2024 among the 385 airlines it monitors.

Factors used to decide the top 20 safest low cost airlines include incident records, fleet age, results of audits conducted by the governing body of aviation - The International Civil Aviation Organisation (ICAO), as well as EU banned lists.

This follows the award for AirAsia Group as the top low cost carrier in Asia by AirlineRatings.com in May 2023.

Well from our experiences...AA... Really smooth take-off n landing...my personal experience it's so smooth as silk...I don't know...it landed, until the captain announced, we landed at Changi Airport...what a smooth journey...🤓

Posted by geary > 2024-01-06 19:45 | Report Abuse

The Final Chapter of,
Sir/Tan Sri Tony Fernandes:
"To build an airline is tough, to rebuild an airline and build four other businesses(Teleport, AirAsia MOVE, ADE n Santan),
has been the ultimate challenge."
So please respect his endeavor n challenges ahead...We have nothing to say...as shareholders...we wish everyone good fortune...🙏🤓!

Posted by Sslee > 2024-01-06 20:24 | Report Abuse

As shareholders maybe you should ask what had gone wrong and why CapA' NUMBER is horrible?

Net current liabialities increase from begining of year RM (8,509,066,000) to as at 30/9/2023 Net current liabilities: RM (12,527,863,000) and Shareholders’ equity from RM (5,725,093,000) to RM (8,427,155,000)?

Is that a good 9 months for capA?
Will capA not default on the current liabilities in the next 12 months?

As at 31/12/2022 Capital A
Current assets: RM 1,768,954,000
Current liabilities: RM 10,278,023,000
Net current liabilities: RM (8,509,066,000)
Shareholders’ equity RM (5,725,093,000)
Non-controlling interest: RM (3,791,865,000)
Total equity: RM (9,516,958,000)

As at 30/9/2023 Capital A
Current assets: RM 2,072,007,000
Current liabilities: RM 14,599,870,000
Net current liabilities: RM (12,527,863,000)
Shareholders’ equity RM (8,427,155,000)
Non-controlling interest: RM (2,101,925,000)
Total equity: RM (10,529,080,000)

Posted by geary > 2024-01-06 20:39 | Report Abuse

Sslee
As shareholders maybe you should ask what had gone wrong and why CapA' NUMBER is horrible?

Sslee...your heart/mind looks l... Horrible 💩!?
CapitalA dead numbers at present isn't...see your own face...see how pessimistic u are...we shareholders are always...optimistic... hopefully... CapitalA Aviation n 4 other businesses...will...Boom...🙏🚀🤓

Posted by Mabel > 2024-01-06 21:51 | Report Abuse

From baggage to seats, we've got everything you need to rock your trip. Hurry, your adventure is about to take off!

Captain Mabel Meow

Posted by xiaoeh > 2024-01-06 21:57 | Report Abuse

got enough parachute bo....
just in case...

Posted by Sslee > 2024-01-06 22:11 | Report Abuse

No parachute but life vests underneath the seat in case of water landing.

Posted by Sslee > 2024-01-07 08:43 | Report Abuse

Is below number not horrible geary?and isn't that number belong to insolvent company?
Net current liabialities increase from begining of year RM (8,509,066,000) to as at 30/9/2023 Net current liabilities: RM (12,527,863,000) and Shareholders’ equity from RM (5,725,093,000) to RM (8,427,155,000)?

Posted by Mabel > 2024-01-07 09:19 | Report Abuse

Fernandes: To build an airline is tough, to rebuild an airline and build four other businesses, has been the ultimate challenge.

The article is about Tony Fernandes, the founder and CEO of AirAsia, who is planning to retire from the airline business in 2025. It recounts his journey of turning AirAsia from a struggling airline into a leading low-cost carrier in Asia, and his achievements in various fields such as sports, music, and education.

It also highlights some of the challenges he faced, such as the Covid-19 pandemic, the 2014 plane crash, and the bribery allegations. The article praises Fernandes for his vision, innovation, and leadership, and quotes some of his colleagues and friends who admire him. It also mentions some of his future plans, such as launching a digital bank, investing in green technology, and spending more time with his family.

The article concludes by saying that Fernandes will leave behind a legacy that will inspire generations to come

https://www.marketinginasia.com/tony-fernandes-inspiring-airasia-journey-and-the-revolution-of-budget-travel/

https://www.thestar.com.my/business/business-news/2024/01/06/writing-his-final-chapter-at-airasia?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240107&__sta=vhg.uosvpxQddhqne.jsu0sv%7CBUHT&__stm_medium=email&__stm_source=smartech

Posted by Mabel > 2024-01-07 09:20 | Report Abuse

Just like SIA, CapitalA AirAsia was also paralysed by the pandemic without any revenue. However, unlike SIA with Big Brother Temasek cumming to the rescue, CapitalA took many initiatives to revive and stay afloat without any help from the Malaysian Government. Now you know why Mabel salute Air Asia.

Lastly, Mabel’s AirAsia enjoys continued success being named the World's Best Low-Cost Airline in 2023 for 14X, with Mabel’s Singapore's Scoot taking the top title as the World’s Best Long Haul Low-Cost Airline.

Well Done Tony

Posted by Mabel > 2024-01-07 09:23 | Report Abuse

Ready to soar again...

Posted by Elaphe > 2024-01-07 10:11 | Report Abuse

Yeah, I think capital a will up at least 3 to 4 times to the current value. Oil will head to 70 plus per barrel at year 2024 and 60plus per barrel at year 2025. At this rate...the profit is unbelievable.

Posted by DickyMe > 2024-01-07 11:00 | Report Abuse

Nothing will improve until May/June 2024.
Oil will rise, temporarily.
Dragon is going to breathe fire!
Stay alert until May end

Posted by Sslee > 2024-01-07 15:42 | Report Abuse

Nothing will improved untill Stony figure out how to make money flying people.

Posted by Mabel > 2024-01-07 17:03 | Report Abuse

Haha Don't worry Handsome Sslee, this taxi driver is not an ordinary taxi driver. He will surely cum up with his magic Formula like when it matters..

Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

1 day ago | Report Abuse

Taxi driver was able to provide more than 100% dividend in total since beginning business.
I have no complain. The last dividend payout was about 90+%. Even GLCs could not afford to payout dividends like a taxi driver. Rotten pickles are everywhere!

Posted by geary > 2024-01-07 21:02 | Report Abuse

Mabel.
Taxi driver was able to provide more than 100% dividend in total since beginning business.
I have no complain. The last dividend payout was about 90+%. Even GLCs could not afford to payout dividends like a taxi driver. Rotten pickles are everywhere!
Well...those who invested #10 years ago, already almost took back their capital employed!?
Looking forward, probably we expect #20/25% of dividend from its... owner's earnings... it's Fair for shareholders!?
CapitalA has more debts obligations now!?
These 3Q...owners earnings is positive...all financial obligations are settled.
We shall see the next quarter...Feb 28/29, 2024.!?
From its Negative Shareholders Equity scenario...Target Price should be around...@1.48...🤓(If positive Equity...@2.28)!?
Dis: Trade at your own Risk!

Posted by Mabel > 2024-01-07 23:49 | Report Abuse

#geary Mabel.
Taxi driver was able to provide more than 100% dividend in total since beginning business.
I have no complain. The last dividend payout was about 90+%. Even GLCs could not afford to payout dividends like a taxi driver. Rotten pickles are everywhere!
Well...those who invested #10 years ago, already almost took back their capital employed!?
Looking forward, probably we expect #20/25% of dividend from its... owner's earnings... it's Fair for shareholders!?
CapitalA has more debts obligations now!?
These 3Q...owners earnings is positive...all financial obligations are settled.
We shall see the next quarter...Feb 28/29, 2024.!?
From its Negative Shareholders Equity scenario...Target Price should be around...@1.48...🤓(If positive Equity...@2.28)!?
Dis: Trade at your own Risk!
07/01/2024 9:02 PM

Touche geary..

Mabel is totally in line with your thinking..

Fernandes’ journey with AirAsia is packed with inspiring lessons. One key takeaway is the power of perseverance. When Fernandes took over AirAsia, the airline was on the brink of bankruptcy. He faced numerous challenges, including intense competition from established players, lack of funds, and regulatory hurdles. However, he persisted and worked tirelessly to turn the airline around.

Fernandes’ story also emphasizes the importance of innovation and creativity in business. He disrupted the airline industry by creating a new business model that catered to budget travelers. He introduced new technologies, such as online booking systems and self-check-in kiosks, to improve the customer experience.

Another lesson from Fernandes’ journey is the importance of building a strong team. Fernandes surrounded himself with talented individuals (included his shareholders) who shared his vision and passion for the business. He empowered his team to take ownership of their work and contribute to the company’s growth.

..and we the result speak for it's self. We have been rewarded and based on the current sentiment we will be rewarded again..

To Our Success !

Captain Mabel Meow

Posted by Killsthebear > 2024-01-08 03:03 | Report Abuse

https://twitter.com/Amena__Bakr/status/1743989818659364933

Posted by Sslee > 2024-01-08 06:57 | Report Abuse

From its Negative Shareholders Equity scenario...Target Price should be around...@1.48...🤓(If positive Equity...@2.28)!?
Dis: Trade at your own Risk!
07/01/2024 9:02 PM

Net current liabialities increase from begining of year RM (8,509,066,000) to as at 30/9/2023 Net current liabilities: RM (12,527,863,000) and Shareholders’ equity from RM (5,725,093,000) to RM (8,427,155,000)

Guess how long will it take to turn shareholder's equity from negative RM (8,427,155,000) to positive????

Posted by Sslee > 2024-01-08 07:13 | Report Abuse

Know why capA keep asking for extension to submit the PN17 regularisation plan???

The simple reason is once the PN17 regularisation plan is submitted and accepted by Bursa SC then within one year time of implementation the shareholder's equity must be minimum positive RM 40 million.

To acheive shareholder's equity positive you need debts restructure, capital reduction (to eliminate accumulated losses), share consolidation and capital injection (issuing of new consolidated share)

So even Bursa SC agree to capA request of extending the submitting of PN17 regularisation plan to 30 June 2024, come end June 2024 capA will still request another extension.

Posted by xskyriver > 2024-01-08 07:25 | Report Abuse

Wait the "remeasurement magic" cooldown finish, use it again.

Posted by Sslee > 2024-01-08 08:27 | Report Abuse

Do you know capA in quarter 3 end 30 Sept 2023: Acquisition of a loss making subsidiary PAA result in gain in Intangible assets RM 3,943.0 million in the balance sheet? Isn't that magic!!!

Posted by paulthesotong > 2024-01-08 08:47 | Report Abuse

No Boeing ,Yes Airbus ...U safe!

Posted by Mabel > 2024-01-08 09:44 | Report Abuse

Haha Today so nice.

Mabel Malaysia is a Moving Target towards Mabel Wanted Position. Today all the 12 Princes are so GREEN..

Have a Great Day Everyone!

To Our Success!

Captain Mabel Meow

Posted by paulthesotong > 2024-01-08 09:50 | Report Abuse

" We are looking to start paying dividens again, perhaps on 2026 " Star Biz week page 8.. 6.01.2024

Posted by paulthesotong > 2024-01-08 09:57 | Report Abuse

"announce the profit {2024] forecasts in the middle of this month of confidence strong 24 to galvanise investors n sholds confidence"

Posted by Mabel > 2024-01-08 10:17 | Report Abuse

Meow Meow Meow

Thank you Paul!!!

Posted by Sslee > 2024-01-08 10:42 | Report Abuse

12 Jan 2023:
PETALING JAYA: Capital A Bhd CEO Tony Fernandes expects the aviation group to exit the PN17 status, which has been a millstone around its neck, by end of this year.

His expectation is based on optimism of its growth potential this year following a strong rebound in travel demand post-Covid.

The investment holding group that is involved in aviation, logistics, lifestyle and financial services ventures, plans to submit its finalised regularisation plan to Bursa Malaysia as early as February.

“We can be out of PN17, definitely this year, I hope much earlier (than that). All of the consultants are now going through all the work.

Above is what Stony had said on 12 Jan 2023 then and now Jan 2024 paulthesotong " We are looking to start paying dividens again, perhaps on 2026 " Star Biz week page 8.. 6.01.2024
08/01/2024 9:50 AM

You still believe Stony????

Posted by NoTimeToTrade > 2024-01-08 11:10 | Report Abuse

SSLee's sharing of CapA's problems should be welcomed, because the matter of is this, most of us who are bullish about CapA's future are trading solely based on sentiment whether we like to admit it or not, including myself. I say trading because it has no financial fundamentals to back is as an investable company, which is why institutions don't put their money in PN17 companies until Bursa has vetted them by lifting that status.

Posted by paulthesotong > 2024-01-08 11:12 | Report Abuse

SSlee go n buy Star! only 3bucks