Posted by EatCoconutCanWin > 2024-01-16 17:13 | Report Abuse

Sell later limit down like leform..all die

Posted by Income > 2024-01-16 20:10 | Report Abuse

I very scared when Good is here. You know what happens here???

Posted by Realrich > 2024-01-17 07:21 | Report Abuse

0.73 broken yesterday today I think a big drop below 0.65

Posted by Mabel > 2024-01-17 08:48 | Report Abuse

geary Mabel.
The non-aviation businesses he was referring to include logistics business Teleport, Move (online travel agency and fintech firm BigPay), airline engineering and maintenance services provider Asia Digital Engineering, food company Santan, aviation consulting firm AirAsia Consulting, AirAsia Academy, among others.

15/01/2024 11:53 PM

Where else you will get a Bargain like this?

In Singapore, SIA non aviation, you have to buy SATS at SGD 2.89 and SA Engineering at SGD 2.35. For the Aviation you have to buy SIA at SGD 6.53

Here you buy 72.5 sen you get all 5 with potential return in USD..

So nice... Soon every one can not only fly, they can smile too..

Meow Meow Meow

Posted by Mabel > 2024-01-17 08:50 | Report Abuse

Malaysia and Singapore are Truly Asia with Mabel Airlines Clear Blue Skies in 2024. With 3 International Awards, it’s 150%% Success Rate for Mabel Airlines to help everyone to fly...

• Malaysia AirAsia continued success being named the World's Best Low-Cost Airline in 2023
• Singapore Airlines continued success being named the World's Best Airline in 2023
• Singapore's Scoot taking the top title as the World’s Best Long Haul Low-Cost Airline in 2023

Posted by Income > 2024-01-17 09:53 | Report Abuse

Marble,
I hope you cat fur is firmly intact because AA ✈️ is having terrible turbulence .
Blink Blink

Posted by Realrich > 2024-01-17 10:16 | Report Abuse

Today non stop drop?

Posted by AHMAD RUSTAM AMIR > 2024-01-17 10:19 | Report Abuse

0.685.. SELL. will drop to @0.28

Posted by mf > 2024-01-17 10:19 | Report Abuse

sell

Posted by AHMAD RUSTAM AMIR > 2024-01-17 10:20 | Report Abuse

Buy 2021 @1.290. now 0.685. capital a will sink in deep hole at @0.28 or @0.12 without aviation business. Aax merger capital A. This huge signal from Tony to delisted CAPITAL A without effect on the aviation business. Don't buy CAPITAL A anymore. Don't faith from speculator who back up and sweet talk about capital A.

Posted by Realrich > 2024-01-17 10:30 | Report Abuse

Mf take profit

Posted by Sslee > 2024-01-17 10:31 | Report Abuse

With or without aviation and if capA fail to get capA shareholders equity above min RM 40 million and keep asking for extension in submitting PN17 regularisation plan then for sure one fine day Bursa SC will run out of patience with CapA and proceed to suspend and delist capA.

Posted by Sslee > 2024-01-17 10:35 | Report Abuse

So are insiders already know whether Bursa Sc reject or agree with conditions CapA latest request for extention in submitting PN17 regularisation plan to 31 June 2024?

Posted by Realrich > 2024-01-17 10:40 | Report Abuse

9237 drop 33 cents go to hell already. Capital a fast sale

Posted by Realrich > 2024-01-17 10:41 | Report Abuse

Mf also run already

Posted by Sslee > 2024-01-17 10:42 | Report Abuse

Most likely Mabel after disposal of her free capA warrants, her holding cost of capA is zero.

Posted by 8dragon > 2024-01-17 10:42 | Report Abuse

Be ready @ 55 cents....

Posted by Realrich > 2024-01-17 10:45 | Report Abuse

9237 many people cry today all jump sea

Posted by ken2004 > 2024-01-17 11:16 | Report Abuse

seriously not easy to delist, you look at serba you will know, the worst will be suspension only.......

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

anyway, as predicted will keep sliding only as selling airline will make the matter worst only losing the only so called potential...........

Posted by Mabel > 2024-01-17 11:59 | Report Abuse

Sslee Most likely Mabel after disposal of her free capA warrants, her holding cost of capA is zero.
17/01/2024 10:42 AM

Haha Mabel don't play warrant in CapitalA...

Only SD since it was given Free during 2019 Bonus Issues....

Waiting at 55 sen..

Posted by Mabel > 2024-01-17 12:00 | Report Abuse

Income Marble,
I hope you cat fur is firmly intact because AA ✈️ is having terrible turbulence .
Blink Blink
17/01/2024 9:53 AM

it's all about position sizing, the rest is technology..

Posted by night_shadow > 2024-01-17 12:43 | Report Abuse

What people dont realize is now CapA has lower risk than AAX since all the risk related to airline business (ie fuel cost, lease fee) would be bare by AAX. CapA with its engineering & catering would consistently collect its revenue regardless of what’s going on, so in the long run i think it’ll be a more stable option to invest in

Posted by Sslee > 2024-01-17 12:55 | Report Abuse

night_shadow What people dont realize is now CapA has lower risk than AAX since all the risk related to airline business (ie fuel cost, lease fee) would be bare by AAX.

Will AAX BOD take the risk?

When a company is on the brink of insolvency, directors ought to consider different stakeholders such as shareholders, creditors, and employees during the exercise of interest balancing. The Companies Act 2016 (“CA 2016”) codifies a general duty on directors’ conduct of trading in a company close to the point of insolvency and any potential liabilities on that account. In broad terms, ‘insolvent trading’ may also be referred to as ‘wrongful trading’ and ‘fraudulent trading’.

Wrongful Trading
In the CA 2016, an offence of wrongful trading is captured in section 539(3) that:

“…an officer of the company who knowingly was a party to the contracting of a debt had, at the time the debt was contracted, no reasonable or probable ground of expectation, after taking into consideration the other liabilities, if any, of the company at the time, of the company being able to pay the debt, commits an offence…”

Fraudulent Trading
Whereas section 540(1) of the CA 2016 stipulates an offence of fraudulent trading as below:

“If it appears…that any business of the company has been carried on with intent to defraud the creditors of the company or creditors of any other person or for any fraudulent purpose, the Court may declare that any person who was knowingly a party to the carrying on of the business in that manner shall be personally responsible…”

If an offence under section 539(3) has been made out, offenders may be punishable with a maximum imprisonment of 5 years or a maximum fine of RM500,000, or both. Reading together with section 540 of the CA 2016, it is added that the offender may even bear personal liabilities for the payment of the whole or any part of the company’s debt without any limitation of liability upon a court’s declaration.

AAX will default on current liabilities if capA liabilities is transfered to AAX.
You need a white knight with deep pocket to save a PN 17 company. And AAX do not has any money.

AAX will be a scapegoat for Stony and all the AAX directors will commit an offend under companies ACT 2016 section 539 and 540.

Posted by Sslee > 2024-01-17 13:00 | Report Abuse

I think by now no bank will lend any money to capA or AAX.

Posted by Sslee > 2024-01-17 13:01 | Report Abuse

The only hope for capA is a super rich white knight to save capA.

Posted by 8dragon > 2024-01-17 13:17 | Report Abuse

Alternatively get delisted....

Posted by Income > 2024-01-17 14:08 | Report Abuse

Sslee Sir,
You never know Arabs will lend a helping hand to Stony.
Stony only need to carry Arabica balls for the rest of his life if Arabica agrees to lend a helping hand. Marble also can use her beauty to entice Arabica to be the White Knight of Stony. Who knows Marble will find her husband in Arabica deals. :-)

Posted by BlackQ > 2024-01-17 14:24 | Report Abuse

Sell AA is part of the plan. Digital bank license by BNM can save CapA…. This is the reason name change to Capital A.

Posted by BlackQ > 2024-01-17 14:26 | Report Abuse

Not so soon but only time….

Posted by BlackQ > 2024-01-17 14:34 | Report Abuse

If have “news” come out “list in US” , I guess the investors maybe from US or US friendly countries (Korea) .

Posted by BlackQ > 2024-01-17 14:34 | Report Abuse

That why not list in HK…

Posted by EatCoconutCanWin > 2024-01-17 14:38 | Report Abuse

Big shark scared out small fish. Is time to average. Die die in all

Posted by SinGor > 2024-01-17 14:40 | Report Abuse

bankers give 90cents Tp two weeks ago to "buy Time" for Big Margin Accounts to Unload......somehow today
ikan bilis realised Something is Not Right ( they dumped ) I give Tp 20cents One week ago to rough-up Bankers
Bullshit Tp

Posted by Realrich > 2024-01-17 14:48 | Report Abuse

All share drop like hell I really don't know how to play already

Posted by Realrich > 2024-01-17 14:49 | Report Abuse

All drop like no future. One day can drop 30%

Posted by BlackQ > 2024-01-17 14:50 | Report Abuse

After sold AA, sure something will giving to CapA shareholders… (maybe 10 to 1 AAX share, who know?)

Posted by Sslee > 2024-01-17 14:52 | Report Abuse

Thai AirAsia X bankruptcy proceedings to delay merger
By Andrew Curran
16JAN2024

Folding the AirAsia and AirAsia X brands into a single corporate entity may take several years to finalise, according to Tassapon Bijleveld, the executive chairman of Thai AirAsia (FD, Bangkok Don Mueang) and Thai AirAsia X (XJ, Bangkok Suvarnabhumi). He says the planned merger cannot close until Thai AirAsia X wraps up its rehabilitation process.

Last week, AirAsia X (AAX) told the Malaysian bourse that it had signed a non-binding letter of intent to acquire AirAsia (AAB) and AirAsia Aviation Group (AAAGL) from Capital A. AAX plans to merge the airlines operated by AAB and AAAGL into a single business.

AAB operates AirAsia (AK, Kuala Lumpur International) while AAAGL owns and operates AirAsia Cambodia, Indonesia AirAsia, AirAsia Philippines, and Thai AirAsia in conjunction with local partners.

However, the executive chairman of Thai AirAsia and Thai AirAsia X told The Nation newspaper late last week that those two entities may continue to operate under their present ownership structure until as far out as 2027.

"The merger of two airlines in Thailand may have to wait two to three years until Thai AirAsia X leaves the business rehabilitation plan, which should happen around late 2025,” Tassapon Bijleveld said. Thai AirAsia entered into bankruptcy protection in May 2022, at the time saying doing so would allow it to manage better debts incurred earlier in the pandemic.

AAX already owns 49% of Thai AirAsia X, with the remainder in the hands of Thai investors. However, the buyout would see AAAGL's 43% stake in Thai AirAsia go to AAX. External Thai-based investors also hold a 38% stake on Thai AirAsia, while the airline's board and management, including Bijleveld, hold the remaining 19%.

AirAsia founder and CEO of Capital A, Tony Fernandes, says the decision to divest its airline businesses "makes complete sense." Fernandes will retain significant direct and indirect stakes in the AirAsia carriers via his other investment vehicles. He is also optimistic the Thailand-based AirAsia brands have a big future. He wants to turn Bangkok into a hub for AirAsia operations into Europe. "We want to make Bangkok the next Dubai in terms of being a global aviation hub," he said last week.

Posted by Realrich > 2024-01-17 14:54 | Report Abuse

Leform today still drop like hell now 0.15 already

Posted by i3lurker > 2024-01-17 14:58 | Report Abuse

I am so shocked after my New Year Happy Days, its now 68.5 sen 🙄

as usual the same Serba Cat will mass program all to buy more CapA to die together just like Koresh case.

Posted by Realrich > 2024-01-17 15:03 | Report Abuse

Still many people buy cap a? Ready to die together

Posted by BlackQ > 2024-01-17 15:11 | Report Abuse

No need to rush to go in, Maybank giving tp 1.01, still long run. AAX also tp 3.4, until the drop is stopped go in when is uptrend.

Posted by BlackQ > 2024-01-17 15:12 | Report Abuse

Go up is sure…. as Maybank always giving low TP…

Posted by BlackQ > 2024-01-17 15:16 | Report Abuse

If today close 0.70, who done the short IDSS will lose money… just see who win.

Posted by Realrich > 2024-01-17 15:23 | Report Abuse

I'm worried without airlines business. Cap a how to recover previously losses and debt base on digital business? You see the share without fundamental support such as leform rapid sarawak all is running losses been kill 50% more in one day

Posted by Realrich > 2024-01-17 15:24 | Report Abuse

You see cap a pass qr result making big losses

Posted by BlackQ > 2024-01-17 15:27 | Report Abuse

CapA is hold AAX share, just how many we don’t know.

Posted by Realrich > 2024-01-17 15:28 | Report Abuse

But if waiting aax to distribute dividend also difficult. You hold aax is just a paper without dividend

Posted by Income > 2024-01-17 15:53 | Report Abuse

Why worry? Marble the cat still not worry. You worry for what???

Posted by Realrich > 2024-01-17 16:08 | Report Abuse

Income one day drop 30 cents you worry or not? If I buy tomorrow down 30 cents I jump sea also