CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

0.765

Today's Change

0.00 (0.00%)

Day's Change

0.755 - 0.77

Trading Volume

4,259,500


127 people like this.

167,892 comment(s). Last comment by Balian de Ibelin 4 hours ago

Mabel

23,733 posts

Posted by Mabel > 2024-01-11 13:11 | Report Abuse

Haha Handsome Sslee don't worry ...

Mabel has been in and out CapitalA..

Planning to collect at 74 sen..

Unlike SIA, SATS and SA Engineering, this one you buy 1 get 4 Free..

Meow

Mabel

23,733 posts

Posted by Mabel > 2024-01-11 13:14 | Report Abuse

Charts looks not so good today ...may hit Sifur88 level as he mentioned yesterday..

SinGor

4,838 posts

Posted by SinGor > 2024-01-11 14:13 | Report Abuse

If you look at AAX annual report, except AA cannot Vote ( 13.8% ), Kama, Tony & Tune control close to 50%.
So this is a Done Deal!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Tony has choose the perfect Time to launch this Take-Over-----4Q23 and 1Q24 Results will be Good due to
CNY and year-end travelling...Big Question is, will the market support price??? As far as Tony is concern, he
wants this Deal to go thru---comes Thunder or Earthquake

ken2004

1,562 posts

Posted by ken2004 > 2024-01-11 14:21 | Report Abuse

Everyone not in favour of the sales, very obvious which is why the stock lost it potential already..........

Medusa

537 posts

Posted by Medusa > 2024-01-11 14:33 | Report Abuse

Haha scammer toni boi write off debt

Last2 sendiri kena write off by chopping c2pid shareholder

Kikiki…

Good123

25,313 posts

Posted by Good123 > 2024-01-11 14:41 | Report Abuse

B4 closing short position closed naik

Realrich

1,410 posts

Posted by Realrich > 2024-01-11 14:42 | Report Abuse

Look like no future already

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:07 | Report Abuse

Beli sedikit.. Short players close position nanti

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:08 | Report Abuse

Beli sedikit, dapat syer aax percuma Dan tunai

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:09 | Report Abuse

Penjual cap a dapat lebih, aax bagi tawaran yg baik, dalam exercise begini, harga syer cap a naik Dan aax turun..

Wait n see...

Good to play masa ni

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:18 | Report Abuse

Berita lanjutan Akan disiarkan... Nanti, naik gila :)


KUALA LUMPUR: Capital A Bhd has entered into a letter of intent (LOI) with Aetherium Acquisition Corp (GMFI), a special purpose acquisition corporation (SPAC) listed on the Nasdaq in the United States.

In a statement, Capital A said under the deal, Aetherium Acquisition will acquire all the issued and outstanding share capital of Capital A International, resulting in the formation of a new listed entity.

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:21 | Report Abuse

Close at 80sen probably dengan berita lanjutan bahawa listing capita A di nasdaq usa dah jadi nyata

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:22 | Report Abuse

Valuation capita A di nasdaq macam grab, huatlah semua

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:24 | Report Abuse

Tambah lagi, capita A macam grab kat nasdaq, kayalah

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:25 | Report Abuse

Beli Dan simpan, tunggu listing kat nasdaq selesai

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:27 | Report Abuse

Cap A = syer nasdaq + syer aax + tunai

Syiok sekali:)

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:28 | Report Abuse

Cap A = buat duit= Kekayaan

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:30 | Report Abuse

Habis bagi mereka yg bermain short. Terpaksa beli balik Dan close position:)

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:31 | Report Abuse

Dah jadi realiti. Luar biasa

Capital A Berhad tandatangan Surat Hasrat gabung perniagaan bersama syarikat tersenarai bursa saham NASDAQ, Aetherium Acquisition Corp

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:33 | Report Abuse

Beli cap a dengan rm tapi dapat syer nasdaq dalam USA nanti :)

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:34 | Report Abuse

Release a big article on nasdaq listing for cap A , above rm1 anytime

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:37 | Report Abuse

Foreign funds pun akan beli cap a, listing on nasdaq is ON

Posted by Killsthebear > 2024-01-11 15:41 | Report Abuse

Special-purpose acquisition company Aetherium Acquisition Corp. is at risk of having its securities delisted from the Nasdaq following multiple bouts of noncompliance with listing rules

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:41 | Report Abuse

Headlines: Capita A disenaraikan di NASDAQ USA.

HARGA syer dalam usd :)

Realrich

1,410 posts

Posted by Realrich > 2024-01-11 15:43 | Report Abuse

This news is old news lol if sale airline business already no more listed nasdaq

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:47 | Report Abuse

Ia akan fly big, jual airlines, jadi fintech co untuk nasdaq

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:47 | Report Abuse

Cap A = fintech syer kat nasdaq + aax syer + tunai

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:48 | Report Abuse

Financial engineering untuk maximise shareholders' wealth/value. Terindah

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:51 | Report Abuse

Bagus

What is the minimum listing price for Nasdaq?
The NASDAQ National Market imposes minimum bid price, quantitative and other criteria in determining whether a company will be permitted to list its stock on the NASDAQ. Initial Minimum Bid Price for Stock: The stock must have a minimum initial bid price of $5.00, and must later remain at or above $1.00.

Good123

25,313 posts

Posted by Good123 > 2024-01-11 15:55 | Report Abuse

Aetherium Acquisition will ascribe to Capital A International for an indicative equity value of $1 billion alongside additional net cash proceeds.

USD1bil~RM4.7billion :)

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:00 | Report Abuse

Berita lanjutan yg lebih lengkap akan do sideman anytime.

RM1+++, takda isu. Harga Sass ran Maybank research RM1.01

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:01 | Report Abuse

Maybank research buy call rm1.01

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:09 | Report Abuse

Bila retailers sedar tentang nilai usd1bil ipo cap A. Melambung he cali anytime , stay cool je lah

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:21 | Report Abuse


RSI(14) Oversold 26.5
Stochastic(14) Oversold 7.1
Average Volume (3M) 14,969,000
Relative Volume 3.8

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:30 | Report Abuse

(b) Asia Digital Engineering (ADE)


ADE reported a revenue of RM164.6 million for 3Q2023, an increase of 107% compared to the same period last year. ADE demonstrated continued strong growth, as a direct reflection of increased flight activity and the subsequently heightened demand for maintenance checks across the Aviation Group and other airlines that ADE services.
● Base maintenance: 58% increase in the number of checks completed in 3Q2023 compared to the corresponding period in the previous year.

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:30 | Report Abuse

(i) airasia Superapp ( “airasia Move”)

airasia Move’s revenue for the quarter was RM171.4 million, a significant 68% increase YoY driven by the continued increase in domestic and international travel in most regions. airasia Move’s other operating expense for the quarter was RM85 million mainly due to higher marketing expense which was in line with the increase in revenue. EBITDA for the quarter was RM11.7 million, which makes it the sixth consecutive quarter in which airasia Move recorded positive EBITDA.

airasia Move’s Online Travel Agency (OTA) platform recorded an increase YoY 65% in transactions in light of the resurgence of travel demand as it continues to strengthen its position as one of Asean’s top OTAs.

In terms of Monthly Active Users (“MAU”), airasia Move achieved 15.4 million average MAU during the quarter, an increase of 61% YoY. This was primarily due to the continued increase in travel demand and increased user acquisition on the mobile app. Additionally, the number of transactions increased 65% YoY, which was driven primarily by increased transactions from Flights, airasia ride, and FlyBeyond.

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:31 | Report Abuse

Santan posted a quarterly revenue of RM42.0 million, a 283% growth compared to the same period last year due to the launch of the inflight catering business. The surge in demand for inflight products was in line with the recovery of AirAsia flight frequencies and strong spending growth of passengers. Santan recorded 5 million units sold in 3Q2023, up by 86% YoY. Cafe and restaurant also observed an increase in revenue by 184% due to the increase of footfall and change of locations. Santan also achieved a positive EBITDA of RM10.2 million, an increase of 4532% YoY.

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:32 | Report Abuse

Capital A (or “the Group”) has undergone significant transformation from an Asean airline to
a low-cost, high value aviation and travel services group in a strategic response to the
challenges of the pandemic. We have emerged from this period stronger and more diversified,
with our operations extending across five dynamic business verticals: Aviation, Aviation
Services (Asia Digital Engineering, Santan, Darts, and associate company Ground Team
Red), Logistics (Teleport), Digital Ventures (airasia MOVE, BigPay and airasia rides) and
Capital A International, to be incorporated and listed in the United States as an Asean’s
leading branding and lifestyle company.
In aviation, we have strategically revamped our airlines by focusing on cost control and
maximising revenue. Our goal is to bring 187 aircraft back into service by year-end, around
80% of our pre-pandemic levels, leveraging the high travel season and the newly established
visa-free travel between China and Malaysia starting December 1, 2023. As we approach the
final quarter, we are poised for a revenue upswing, exceeding pre-pandemic levels. This
optimistic outlook is grounded in robust travel demand during the peak season, allowing us to
command peak fares and boost ancillary income, expected to surge by 50% compared to
pre-COVID levels. This upturn in ancillary income is fueled by dynamic pricing initiatives
and the launch of innovative products such as ZoneUp and FastPass.

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:33 | Report Abuse

On the digital front, the newly appointed CEO of airasia MOVE Nadia Omer is implementing effective cost-cutting measures, particularly in removing non-strategic lines of business. The team is now focusing on expanding its hotel inventory and enhancing conversion rates to significantly strengthen our presence in the hospitality sector. Our fintech BigPay’s strategic initiatives to reduce operating costs and improve performance are yielding positive results, reflected in the narrowing of losses this quarter. Close collaborations with AirAsia and airasia MOVE are expected to further enhance sales in the upcoming quarters, along with its 2024 plans to expand its product offerings into new regional markets such as Indonesia, Thailand, and the Philippines.

On logistics, Teleport is strengthening its position in the cargo and e-commerce logistics sectors, particularly in the APAC and Intra-Asean regions, with the addition of its second freighter this past October. This expansion is indicative of Teleport’s ability to navigate

industry downturns and seizing growing market shares, by demonstrating operational agility and strategic foresight.

On the financial front, the aviation business has drawn down the third tranche of a loan from Bangkok Bank, with final disbursement expected by the end of this quarter. Additionally, a USD 200 million revenue bond is underway, specifically earmarked for the growth of our aviation business. In parallel, we are actively exploring financing options for both our Indonesian and Philippines operations from banks of the respective countries, including potential IPO issuance for AirAsia Philippines in the near term and further equity raising from AirAsia Indonesia. In the meantime, airasia MOVE is in the final phase of its due diligence for an investment by a private equity, and Teleport has recently secured their approved loan to enhance its working capital.

A pivotal moment in our journey this year has been the announcement of a corporate exercise between Capital A International and Aetherium, a US-based SPAC. The decision to list on a US exchange is a strategic move aimed at strengthening our financial foundations by introducing the company to the world’s largest capital market and enhancing our access to international liquidity. It is also to elevate the Group’s visibility and credibility on a global scale. It represents a commitment to our existing shareholders, offering them expanded growth opportunities and potential for increased shareholder value through global partnerships and strategic initiatives.

We are in the last stretch of finalising the PN17 regularisation plan, aiming for a full submission to Bursa Malaysia in the near future. This careful planning ensures that our restructuring reviews and discussions are thorough, and reflect our dedication to long-term stability and strategic adaptability. As we navigate this final quarter, our strategic initiatives across corporate, aviation, logistics, engineering, and digital ventures are aligned to propel the Group towards a future of sustainable growth, operational excellence, and financial strength. The Board anticipates a strong final quarter to conclude 2023 and remains confident that the Group will deliver its true performance in the year 2024.

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:34 | Report Abuse

bUAT DUIT YG TERBAIK DAN TERPANTAS :)
A pivotal moment in our journey this year has been the announcement of a corporate exercise between Capital A International and Aetherium, a US-based SPAC. The decision to list on a US exchange is a strategic move aimed at strengthening our financial foundations by introducing the company to the world’s largest capital market and enhancing our access to international liquidity. It is also to elevate the Group’s visibility and credibility on a global scale. It represents a commitment to our existing shareholders, offering them expanded growth opportunities and potential for increased shareholder value through global partnerships and strategic initiatives.

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:42 | Report Abuse

NAK TIME THE MARKET DENGAN SEMPURNA, MUSTAHIL... ACCUMULATE IN STAGES.

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:43 | Report Abuse

MASA DAH SAMPAI... SHORTSELLERS TERPAKSA BELI BALIK DAN TUTUP POSISI

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:44 | Report Abuse

TUTUP PADA 75SEN & ABOVE? WAIT N SEE

Good123

25,313 posts

Posted by Good123 > 2024-01-11 16:48 | Report Abuse

YG MAU JUAL DAH JUAL HARI NI, ESOK NAIK BALIK HAHAHA

geary

6,338 posts

Posted by geary > 2024-01-11 16:50 | Report Abuse

Mabel:
That way you can be well prepared. Summing up of CapitalA:
S3: 068.(Double Bottom)
S2: 0.74.(Oversold)...Added...!?
S1: 0.79.
PIVOT: 0.82.
R1: 0.85.
R2: 0.89.
Dis: Trade at your own Risk!

The_JQuestion

1,607 posts

Posted by The_JQuestion > 2024-01-11 16:56 | Report Abuse

listen to mr sot2 and sifu , can earn money if u LISTEN carefully, trade at own risk !

ken2004

1,562 posts

Posted by ken2004 > 2024-01-11 17:44 | Report Abuse

Sorry to said, this will keep slide only even how good the profit in next qtr as airline no longer their business and the remaining business they have is no proven yet..........there is nothing unique and special anymore.........so waiting for bottom finish for high risk taker.......this is not bottom yet, just barely start...........

Mabel

23,733 posts

Posted by Mabel > 2024-01-11 19:30 | Report Abuse

#geary Mabel:
That way you can be well prepared. Summing up of CapitalA:
S3: 068.(Double Bottom)
S2: 0.74.(Oversold)...Added...!?
S1: 0.79.
PIVOT: 0.82.
R1: 0.85.
R2: 0.89.
Dis: Trade at your own Risk!
11/01/2024 4:50 PM

Noted and thanks geary..

Looks like our CapitalA has been shorted since yesterday.

Mabel release all at 79 and collected back at 74 sen..

The short sellers must buy back and return the shares they borrowed within three market days, or face penalties from the exchange. The number of shares they must buy back depends on the market conditions and their risk appetite.

Our Views

From the risk perspective, we are positive as we deem the disposals are necessary to uplift Capital A from its PN17 status or risk triggering a trading suspension. Moreover, the shareholders of Capital A are expected to continue to hold shares in the aviation segment via AAX. According to announcement, the company is expected to record gain on dilution of interest in AAB and AAAGL as well as deconsolidation of AAB and AAAGL from Capital A as a result of the proposed disposals and thereby is expected to improve the shareholders’ equity of the group in its effort to regularise its financial conditions.

Impact

No change to Capital A’s earnings projections and financial standings, awaiting signing of definite agreement and negotiations on the disposal considerations.

Valuation

We maintain Capital A’s target price at RM0.85/share, which is based on a PE multiple of 10x CY24 earnings. We advise investors to stay out of Capital A’s restructuring exercise until having more clarity on the AAX share entitlement, which would depend on the price fixing of new AAX consideration shares and the final disposal considerations.

Source: TA Research - 9 Jan 2024

Posted by StartOfTheBull > 2024-01-11 19:30 | Report Abuse

Already touched 4 weeks low, all good news has been absorbed, no more dead chicken for collection.

Mabel

23,733 posts

Posted by Mabel > 2024-01-11 19:41 | Report Abuse

Cheers StartOfBull..

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