Posted by Jojobama > 2 months ago | Report Abuse

when amazon started the online concept was still new to everyone. they have improved tremendously throughout their business journey.

while on the other hand, the non-aviation businesses of Capital A are still in infant stage. bear in mind that capital a is very late to this game. they have to run 10X faster than their competitors in order to catch up. they have to compete with many well established giants in the respective areas, do they have the capacity or funds to do so?

you could say by way of fundraising, but would people with sane mind really put millions or billions into developing something which is already in existence and keep improving.

or this is just some gimmick for them to prolong the inevitable.

Posted by human > 2 months ago | Report Abuse

Which Sea company has anything near to capital a complete business and leisure travel solution?
Business veteran don't mean can handle crisis well and continue growth.
Example Mas cannot even manage their own catering.
SIA prevented going burst with help from government.
Amazon has many round of fund raising before making profit, successfully growing from book selling to retail to now conglomerate; naysayers said no way Amazon can challange giant like Walmart, best buy, did that sound familiar?

Posted by Sslee > 2 months ago | Report Abuse

Know what recently I use MOVE to check on flight and what amazing me is rival airlines flights (lion air) are cheaper.

But as Malaysian I still book AA flights but for Indonesian for sure they will book lion air because it is cheaper.

Posted by Sslee > 2 months ago | Report Abuse

Is it foolish to compare Amazon with capA?
What is the adrressable market and competitors of Amazon and capA?

Posted by Sslee > 2 months ago | Report Abuse

99SMART is now many times bigger than capA.
What Stony going to say now?

KLSE: 99SMART (5326) 99 SPEED MART RETAIL HOLDINGS BERHAD MAIN : Consumer
Last Price Today's Change Day's Range Trading Volume
1.88 +0.23 (13.94%) 1.85 - 1.91 294,336,700

Market Cap: 15,792 Million
NOSH: 8,400 Million

Posted by human > 2 months ago | Report Abuse

Sslee didn't u said that aa too cheap to make profit? Lion air cheaper so worst than aa?
The point to check is whether aa fly with how many empty seats.
I been traveling around sea, to get cheap aa flights on short notice is not easy, most of the time is buying other airline not due to price but seat availability.

Posted by human > 2 months ago | Report Abuse

Sslee learn from other business experience, Amazon is one of the example, broaden business view instead of auditor that only check compliance that has no clues how owner of business turnaround, growth business.

Posted by The_JQuestion > 2 months ago | Report Abuse

Oil price drop USD drop cap A drop AAX drop ....... bursa drop , durian drop

Posted by Sslee > 2 months ago | Report Abuse

Is someone saying Balian is right all this while?

Posted by Balian de Ibelin > Sep 4, 2024 5:21 PM | Report Abuse
Just speak to any non-Malaysian foreign airline CEO, all will prefer boom time economy with high crude prices with higher revenue

Posted by paulthesotong > 2 months ago | Report Abuse

oil at 69 icing in the cake.

Posted by paulthesotong > 2 months ago | Report Abuse

soft landing.

https://theedgemalaysia.com/node/726344

Posted by The_JQuestion > 2 months ago | Report Abuse

Yes only good for USD demoninators not asian weak currency ... sometimes i wonder whats cracking in ur head , non logical
I miss ur old salty Brent oil comments . Quote ssleee
So another lose making quarter.
OCT to DEC
Average fuel price: USD 125/bbl

Fuel price NOW : 86.4$
WOW almost 50 percent less since sslee was announcing at its PEAK ... congrats ShareHOLDERS !

Posted by Balian de Ibelin > 2 months ago | Report Abuse

WTF

going shopping for sugar but seems everybody had the same idea, all at the same time...

NO SUGAR for sale anywhere?

Posted by abidinaa > 2 months ago | Report Abuse

Today is not a Short Peni$ day. Not a bad day for sucker bilis.

Posted by Trianon > 2 months ago | Report Abuse

Not for a Short Peni$ day, but for short-selling day ? 😆

Posted by The_JQuestion > 2 months ago | Report Abuse

any comments about strong ringgit i believe can reach 4.25 by this months end with what going in US. and low oil price very unexpected walking into a beautiful q4 and making it very EASY job for bursa to release cap A from pn17.
Also there are a few GEMS in cap A . one is SANTAN , fame for nasi lemak , even MAS wants a piece of it . They also provide ZUS Tea/coffee on board . unsure if any of u old folks ever tried it, it is really a thing. U can even get it on AIR . enjoy coffee in the air. not ur standard , with ICE. barista way

Posted by Michael Kwok > 2 months ago |

Post removed.Why?

Posted by abidinaa > 2 months ago | Report Abuse

No need to think la. 3Q24 and 4Q24 belongs to Capital A and AAX. MAS also kaput. Flight reduced until Dec24 due to catering and MRO issues. It's time to goreng. Just need the right entry after the shorties placed position. It's sucker bilis time.

Posted by Mabel > 2 months ago | Report Abuse

Managed to add more Capital A yesterday when it was a bargain when Mabel was on the air yesterday with Mabel Airlines Capital A.

Recap from all the good comments above..

Capital A Berhad, formerly known as AirAsia Group Berhad, has diversified its business structure into two main segments: aviation and non-aviation.

The non-aviation businesses are no brainer, risk free and recession proof. Airplanes in the air or grounded, they are still making tonnes of money and here is the best part, it’s pandemic proof.

Now let’s investigate the aviation business.

Tony has better logic than anyone else and ensure every flight hit the break-even load factor (Tony mentioned once is about 63% before covid) before the flight take off, hence 80% ~ 90% load factor is a profitable flight.
Hence Tony sells ticket first and collect money first, so cash come to pocket first. If the load factor of the flight not enough, give promotion.
Air ticket fee structure always has 3 parts: ticket price (RM1 to RM xxx, whatever profit AA want to make) , fuel charge (fix cost paid by client) and tax (fix cost).
First, Tony needs to get as much as people join the flight, so the fuel cost is shared among all the passengers, once fuel cost breakeven, whatever extra is profit.
2nd, AA sell ticket in advance, which flight load factor is low, pump the promotion, client buy ticket, money masuk pocket.
3rd, Maintenance dept is the main non-aviation profit driver, as long as AA aircraft in the sky, aircraft must obtain clearance before flying. This means more flight, more checkup = more profit.
4th, As long as it is Airbus brand, AA can repair regardless MAS, SIA, ANA, JAL etc can survive without AA, but of course AA has the priority on this maintenance service first.

Do you know that Stocks for travel companies like Booking.com and Airbnb have been performing well. For instance, Airbnb has shown strong financial results, reflecting a robust recovery in travel demand

Visitor Increase in SE Asia: Countries in Southeast Asia have indeed reported a significant increase in visitors. For example, Malaysia saw 20 million tourist arrivals in 2023, which is 77% of pre-pandemic levels. This increase in tourism typically indicates higher disposable income among travelers, as they are willing to spend on travel and leisure activities.

Brent down 69, Interest rate cut cumming soon, Summer/ Festive travels, Asian Currencies up against USD, Competitors bite the dust, Hike in Capacities. Both flights to and from East Coast are in full capacity with Tourists and travelers who loves to fly. Mabel is still Overweight on the Aviation sector. Yes, we expect CAPITALA and AirAsia X to have a profitable 2024..

Let's see if some nice Uncles and Aunties will match Mabel que today...

Meow Meow Meow

Posted by Mabel > 2 months ago | Report Abuse

human Which Sea company has anything near to capital a complete business and leisure travel solution?
Business veteran don't mean can handle crisis well and continue growth.
Example Mas cannot even manage their own catering.
SIA prevented going burst with help from government.
Amazon has many round of fund raising before making profit, successfully growing from book selling to retail to now conglomerate; naysayers said no way Amazon can challange giant like Walmart, best buy, did that sound familiar?
09/09/2024 9:11 AM

Well said human!

Meow Meow Meow

Posted by Mabel > 2 months ago | Report Abuse

Remember Capital A is more than an airline. It is our investment holding with a broad portfolio of synergistic travel and lifestyle businesses. At least Magician Tony was braved and smart to turn a RM 1 Company into a World Best Low-Cost Airlines without any bail out from Malaysian Taxpayers so that Everyone Can Fly…

When this Airlines is out of PN17 next year, Foreign Fund will start buying this 15X World's Best Low-Cost Airline..

Posted by JrWarren > 2 months ago | Report Abuse

Bursa gave a green light on AAX M&A proposal, soon AAX will have EGM to obtain approval from shareholders.
Next, Cap A will also get green light from bursa on the proposal and held an EGM.

Posted by paulthesotong > 2 months ago | Report Abuse

Fly into blue sky..Await for EGM.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3483073

Posted by Mabel > 2 months ago | Report Abuse

Meow Meow Meow

Well Done AllStars!

Posted by Mabel > 2 months ago | Report Abuse

https://www.thestar.com.my/news/nation/2024/09/12/kl-the-most-connected-airport-in-asia-pacific-region

Kuala Lumpur has once again topped the OAG Megahubs ranking as the most connected airport in Asia Pacific for low-cost flights, offering 14,583 possible low-cost connections (LCC) across 137 destinations.

Asia Pacific is home to three of the top five megahubs, namely Kuala Lumpur, Tokyo Haneda, and Seoul Incheon, providing reassurance these markets are back and pursuing growth.

“As Asia Pacific continues its rise in the global rankings, reflects the growing recovery of international air travel and strong demand for low-cost travel in the Asia Pacific region. For low-cost connections, Asia Pacific airports dominate, making up 64% of the top 25 LCC megahubs, while Mabel Airlines AirAsia is the dominant carrier there with 35% share of total flights and 48% of all LCC capacity.

Well done AllStars!

Posted by The_JQuestion > 2 months ago | Report Abuse

SSlee and balian gang
SSlee : high crude oil sure loss . High cost , loss make
Balian : high crude oil CEO love . High revenue , loss make
Both love to make LOSS ... shareHOLDERs of cap A will SOAR now , no matter . Pn17 like it was yesterday NO MORE .
Posted by Balian de Ibelin > Sep 4, 2024 5:21 PM | Report Abuse
Just speak to any non-Malaysian foreign airline CEO, all will prefer boom time economy with high crude prices with higher revenue

Posted by Mabel > 2 months ago | Report Abuse

KUALA LUMPUR (Sept 13): AirAsia X Bhd (KL:AAX) is one step closer to its planned acquisition of the aviation business of Capital A Bhd (KL:CAPITALA), which will pave the way for its parent company to be lifted out of its Practice Note 17 (PN17) status.

In a bourse filing on Thursday, AAX said Bursa Malaysia has approved the listing and quotation of shares related to the acquisition.

The acquisition plan was announced by the medium-haul low-cost carrier AAX in April this year. Under the plan, it will take over Capital A's aviation business for RM6.8 billion.

AAX will issue new shares worth RM3 billion — 2.31 billion shares at RM1.30 each — to acquire AirAsia Aviation Group Ltd (AAAGL). At the same time, it will acquire AirAsia Bhd by assuming RM3.83 billion worth of debt that Capital A owed AAB.

Following the acquisition, AAX intends to issue new warrants, conduct a private placement and reduce its share capital. Bursa has also approved the listing and quotation of the respective warrants and placement shares.

AAX announced in August that upon approval obtained from Bursa Malaysia and dispatch of the circular to its shareholders, an extraordinary general meeting will be convened in 21 days. "The completion of the proposed acquisitions is set to be by end of this year, establishing an enlarged aviation group under the AirAsia brand, and signifying a new era for the aviation giant," its press statement read then.

Capital A fell into PN17 status, a categorisation for distressed entities, in January 2022.

At Thursday's closing bell, shares in Capital A rose two sen, or 2.7%, to 76 sen, valuing the group at RM3.27 billion. AAX settled three sen or 2.3% higher at RM1.31, giving the company a market capitalisation of RM586 million.

Posted by Mabel > 2 months ago | Report Abuse

AirAsia X Bhd (AAX) is progressing with its plan to acquire the aviation business of Capital A Bhd for RM6.8 billion. This acquisition will help lift Capital A out of its PN17 status, a classification for financially distressed companies.

Key Points:

Approval: Bursa Malaysia has approved the listing and quotation of shares related to the acquisition.

Details: AAX will issue new shares worth RM3 billion to acquire AirAsia Aviation Group Ltd and assume RM3.83 billion of debt to acquire AirAsia Bhd.

Next Steps: AAX plans to issue new warrants, conduct a private placement, and reduce its share capital. An extraordinary general meeting will be held 21 days after shareholder approval.

Timeline: The acquisition is expected to be completed by the end of the year, forming an enlarged aviation group under the AirAsia brand.

Market Reaction: Shares of Capital A rose by 2.7% to 76 sen, while AAX shares increased by 2.3% to RM1.31.

This move signifies a new era for the AirAsia brand and aims to strengthen its position in the aviation industry.

Thank you so much Uncle Sslee and Balian for selling this weeks..

So Nice...hihihi

Posted by abidinaa > 2 months ago | Report Abuse

AAX gets Bursa's nod for listing of shares related to acquisition of Capital A's aviation business-TheEdge. Capital A is gonna be debt-free. Hihi.Thank you Pariah de Ibelis.

Posted by Mabel > 2 months ago | Report Abuse

77.5 sen...hihihi

Life is soooo beautiful...

Posted by paulthesotong > 2 months ago | Report Abuse

Fly higher..

https://focusmalaysia.my/midf-cautions-on-possible-delays-in-passenger-traffic-recovery/

Posted by abidinaa > 2 months ago | Report Abuse

As such, the research firm maintained neutral calls on the aviation sector.

It picked Capital A as the top sector pick with a buy call with a target price (TP) of RM1.06 as its aviation business is less affected by recent disruptions.

In addition, Capital A’s fleet was not significantly cut during the pandemic, allowing it to focus on expansion and creating an opportunity to capitalise on the capacity gaps left by its competitors.

On a separate note, the group is in the final stages and on track to complete its PN17 regularisation plan by Q4 2024, it added.

In H2 2024, Capital A said it plans to reactivate 15 more aircraft and expects eight new deliveries, boosting its operational fleet from 82% in Q2 2024.

Posted by The_JQuestion > 2 months ago | Report Abuse

cap A debt-free , business as service provider for Aviation group , on top of that cap A shareholders get free AAG shares. Bought some today , if it drops , collect again :)) .... sooner or later

Posted by ken2004 > 2 months ago | Report Abuse

Just we don see the profit yet, so just no idea whether the hole can be fill in yet........

Posted by The_JQuestion > 2 months ago | Report Abuse

the aviation segment made loss , the rest of cap A is profit making ,, the question is how much...
pn17 is confirmed bygones , i thought market would pushed it higher today. Sooner or laater, when the market wake ups to how much a deal of this is .... almost zero for everything !!

Posted by Mabel > 2 months ago | Report Abuse

In H2 2024, Capital A said it plans to reactivate 15 more aircraft and expects eight new deliveries, boosting its operational fleet from 82% in Q2 2024. Aviation should be on track for Capital A since we are using AirBus..

Basically: Boeing Co faces potential disruptions in its aircraft production as workers decide on a strike.

What Happened: Over 30,000 Boeing employees are set to strike on Friday after rejecting a proposed labor contract, reported CNBC. Workers in Seattle and Oregon voted 94.6% against the tentative agreement, which was presented by Boeing and the International Association of Machinists and Aerospace Workers

Posted by Mabel > 2 months ago | Report Abuse

https://www.msn.com/en-us/money/companies/boeing-union-goes-on-strike-halting-737-production/ar-AA1qssO2?ocid=nl_article_link

Posted by Mabel > 2 months ago | Report Abuse

The latest challenge has surfaced for American planemaker Boeing (BA), whose biggest labor union just voted overwhelmingly to walk off the assembly line. A strike that started at midnight Pacific time will shut down production of its best-selling jets, including the 737, 777 and 767. An extended stoppage would weigh on the financials of Boeing and make things worse for the jetliner industry, which is already struggling with capacity shortages.

What happened? Tens of thousands of machinists (95%) rejected a labor deal struck between union leaders and Boeing executives. The contract offered a 25% wage increase over four years, as well as pledges for local manufacturing, more retirement benefits and lower healthcare costs, but employees felt that would not be enough after a decade of stagnating pay and the current cost of living. Prior to the vote, Boeing maintained that it offered as much as it could given to its finances, with a soaring debt load that has topped $60B.

It's the first big test for Boeing CEO Kelly Ortberg, who took the yoke last month to steer the company towards better brighter skies. The planemaker's reputation has suffered in recent years amid questions over safety and lack of accountability. Two crashes in 2018/19 uncovered design flaws with the MCAS system, a 737 MAX door plug blew out mid-flight in January, and more recently, Boeing's Starliner spacecraft couldn't make it back to Earth with its crew on board.

A striking success: Unions and walkouts have notched strong results over the past year, as new leadership and members spot the opportunity for leverage. That has led to new labor agreements for the auto industry, for Hollywood, and even others in the aerospace sector, like the machinists at Spirit AeroSystems (SPR), which was later bought by Boeing. Will the surge in industrial action impact even more industries?

Posted by Mabel > 2 months ago | Report Abuse

PETALING JAYA: Malaysia is on its way to fully recovering to pre-pandemic levels in terms of tourist arrivals, with India leading the growth in numbers.

Singaporeans make up the largest pool of tourists, but it is the number of Indian tourists that has spiked the most since 2019.

Some 537,000 tourists from India visited Malaysia between January and June this year, an increase of 51.6% from the 354,000 in the same period in 2019. That’s a jump of 183,007 people, according to data from Tourism Malaysia.

Visitor Increase in SE Asia: Countries in Southeast Asia have indeed reported a significant increase in visitors. For example, Malaysia saw 20 million tourist arrivals in 2023, which is 77% of pre-pandemic levels. This increase in tourism typically indicates higher disposable income among travelers, as they are willing to spend on travel and leisure activities.

Here’s a list of the 16 countries from which tourist numbers have overtaken those of 2019, before the pandemic…

https://www.thestar.com.my/news/nation/2024/09/10/interactive-indian-tourists-record-biggest-jump-in-malaysia

Posted by Mabel > 2 months ago | Report Abuse

More Tourist more incums for Malaysia..

In 2023, Malaysia’s tourism revenue saw a significant increase, reaching approximately 71 billion Malaysian ringgit (MYR), up from around 28 billion MYR in 2022. This growth reflects a strong recovery in the tourism sector following the challenges posed by the COVID-19 pandemic.

For 2024, Malaysia’s tourism revenue is expected to continue its upward trend, with projections estimating it could reach around 85 billion Malaysian ringgit (MYR). This optimistic outlook is based Increased International Arrivals, Malaysian government and tourism boards are actively promoting the country as a prime travel destination and Hosting international events and conferences can attract more visitors.

Posted by Mabel > 2 months ago | Report Abuse

…and it does not stop there. When they cum to Malaysia, dapur Siti flourish since everyone loves Mabel Oil. The tourism sector has a significant multiplier effect on the economy. When tourists visit Malaysia, they spend money not only on accommodation and transportation but also on various other services and products. Here are some potential indirect benefits:

1. Food & Beverage (F&B): Tourists dining out at local restaurants, cafes, and street food vendors can lead to a substantial increase in revenue for the F&B sector. More demand means more jobs in the hospitality and service industries.

2. Retail: Tourists often spend on souvenirs, clothing, and other retail goods, boosting sales for local businesses. High-spending tourists may also purchase luxury items, benefiting high-end retailers.

3. Transportation: Increased use of taxis, ride-sharing services, and public transportation. Higher demand for rental cars for tourists exploring different parts of Malaysia.

4. Entertainment & Leisure: Increased visits to theme parks, museums, and cultural sites. Higher attendance at local events, concerts, and festivals.

5. Real Estate: Growth in demand for short-term rental properties like Airbnb. Some tourists may consider investing in local real estate.

6. Healthcare & Wellness: Tourists seeking medical treatments or wellness services can boost the healthcare sector. Increased patronage of spas and wellness centers.

The tourism multiplier effect can be significant, with estimates suggesting that every ringgit spent by tourists can generate an additional 1.5 to 2 ringgit in indirect economic activity. Considering the projected tourism revenue of 85 billion MYR in 2024, the indirect economic impact could potentially add another 127.5 to 170 billion MYR to the economy. These indirect benefits highlight the broader economic impact of a thriving tourism sector.

Meow Meow Meow

Posted by Mabel > 2 months ago | Report Abuse

https://www.youtube.com/watch?v=yYM2RP31ARI

Very smart of the Pope to choose Singapore as the last leg of his journey so he can travel home on the World Best Airline !

Singapore Airlines has a stellar reputation! They understand what Marketing is all about. There are approximately 2.38 billion Christians worldwide, making up nearly one-third of the global population. Now various denominations such as Roman Catholics, Protestants, and Orthodox Christians will fly Singapore Airlines!

Posted by Mabel > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/726533

Global oil demand growth is “slowing sharply” as China’s economy cools, pushing prices to a three-year low, the International Energy Agency said. Chinese economic growth is slowing down, and the penetration of the transportation system by electric cars is going at a very strong pace

World consumption increased by 800,000 barrels a day in the first half of the year, barely a third of the expansion in the same period of 2023, the adviser to major economies said in a monthly report. It’s the lowest rate since oil demand crashed during the 2020 pandemic.

Oil prices slumped below US$70 a barrel in London on Wednesday for the first time since late 2021 on concern over data from both China and the US, the world’s top two oil consumers. A major disruption to Libyan output and prolonged supply curbs by the Opec+ alliance have done little to arrest the slide.

Posted by Mabel > 2 months ago | Report Abuse

77.5 sen...hihihi

Life is soooo beautiful..

Posted by Mabel > 2 months ago | Report Abuse

78 sen...hihihi

Life is soooo beautiful..

Posted by Mabel > 2 months ago | Report Abuse

Bursa Malaysia okays AirAsia X share listing and quotation.

Under the plan, AirAsia X Berhad, trading as AirAsia X, will pay MYR6.8 billion ringgits (USD1.58 billion) to buy Capital A's equity interests in AirAsia Berhad, operator of AirAsia, and AirAsia Aviation Group Limited (AAAGL), which operates AirAsia Cambodia, Indonesia AirAsia, AirAsia Philippines, and Thai AirAsia. Around half the funds will come from a MYR3 billion (USD697 million) issuance of new shares.

https://www.ch-aviation.com/news/144788-bursa-malaysia-okays-airasia-x-share-listing-and-quotation

Posted by JrWarren > 2 months ago | Report Abuse

so the RM 3b is new share with cash ?
Or it is issued to CAP A holder on the share swap basis ?
Cause the supplemental agreement in Bursa announcement has not revoked the share swap clause despite AAX will buy over AA business directly.

Posted by The_JQuestion > 2 months ago | Report Abuse

i already said bursa will approve ... market conditions make it easy for Bursa to approve it , whats best is USD dropped faster than I previously predicted 4.25 i believe at q4 it can reach 4.1 calculate the percentage diff and how much it will be reflected
BURST Ahead, Tony is feeling himself once again... it is ready for greater HEIGHTS , im awaiting breaking 3 years HIGH

Posted by Mabel > 2 months ago | Report Abuse

https://www.youtube.com/watch?v=sim825dUWuc

Meanwhile all the Mabel 12 Prince of Malaya are flying high in the sky of love with Capital A with the biggest gain of 3.27%...

More good news cumming….

Nice to engage with a True Magician!

To Our Success !

Meow

Posted by JrWarren > 2 months ago | Report Abuse

https://newsroom.airasia.com/news/capital-a-announces-egm-timeframe-marking-key-progress-in-aviation-business-disposal-to-airasia-x