Posted by gohkimhock > 2 months ago | Report Abuse

I don't care whether you fly to Holland or fly to the space. As long as you cannot show me the profit, then bye bye.

Posted by The_JQuestion > 2 months ago | Report Abuse

QR is free to view , all profit except aviation arm... now reduced stake profit should be easy and without a doubt..

Posted by BlackQ > 2 months ago | Report Abuse

Bye goh… are u bought in 0.925?

Posted by abidinaa > 2 months ago | Report Abuse

Kimhock waiting for RM 2.63 only enter position. Go bail out My-Airlines la. You got a wrong gate. Your gate is behind the toilet. Look at MAS. Show profit then cancel flight. What a clown.

Posted by The_JQuestion > 2 months ago | Report Abuse

dont forget they are paying u 1.3 for ur shares ... and ure getting many AAG shares... no BRAINER , dont think so much , that is sslee and gang job make wonderful numbers and deceiveeee

Posted by The_JQuestion > 2 months ago | Report Abuse

https://bernama.com/en/news.php?id=2343927
34 months HIGH !! going to 4 years HIGH soon ,, so QR look very differnt ??? all good NEWs , AA market share domestic / international , fuel USD low , december busy month to CNY , out pn17 , Tony revealing future plans soon , NO reason for it not TO FLY like AIRASIA !

Posted by abidinaa > 2 months ago | Report Abuse

The_JQ, forget those people who like Capital A to be run like My-Airlines and MAS. They prefer Capital A and AAX to show off fat profit but neglect MRO and serve cheap in-flight meal (sardine sandwiches and nasi bungkus). These dudes die die want to condemn Capital A and AAX. So many dark spot in their heart la. While we follow the greatest magician Sir Tony fly to Peru, Timbaktu and Uluru.

Posted by The_JQuestion > 2 months ago | Report Abuse

flying is not for everyone... some ppl old and grumpy should be grounded , they are not suitable
i think dont think market has priced in this rapid appreciation of myr , i think market will be adjusting very soon to it , together with china's measure today ... interesting maybe show time tomorrow for this theme

Posted by JrWarren > 2 months ago | Report Abuse

Finally all airline subsidiaries financial reports are posted in AAX & CAP A, good profit and operation cashflow in overall performance.
Time line also available to quit PN17:

16 October 2024 - EGM for the Proposals and Proposed Granting of Subscription Options

November 2024 / December 2024 -
• Price-fixing for the Warrants and announcement of Warrants Entitlement
Date
• Warrants Entitlement Date
• Listing and quotation of Warrants on the Main Market of Bursa Securities
• Completion of the Proposed Issuance of Free Warrants

December 2024 / January 2025
• Price-fixing for the Placement Shares
• Completion of the Proposed Private Placement
• SSPAs becoming unconditional
• Completion of the Proposed Acquisitions

January 2025 / February 2025
• High Court’s order obtained for confirmation of the Proposed Share Capital
Reduction
• Lodgement of the High Court’s order for confirmation of the Proposed Share
Capital Reduction with the Registrar of Companies
• Effective date of the Proposed Share Capital Reduction

Posted by JrWarren > 2 months ago | Report Abuse

Why Tony focus on MRO service now ....

https://theedgemalaysia.com/node/727740

Posted by Sslee > 2 months ago | Report Abuse

What had happen to below proposal?

PROPOSED BUSINESS COMBINATION AMONG THE COMPANY, AETHERIUM ACQUISITION CORP (“GMFI”), CAPITAL A INTERNATIONAL (“CAPI”), AETHER MERGER SUB INC. (“MERGER SUBSIDIARY”) AND BRAND AA SDN BHD (“BRAND AA”);

Mode of settlement of the Transaction Consideration
The Transaction Consideration will be satisfied via a combination of the following:
(a) the issuance of USD1 billion of new ordinary shares of CAPI (“CAPI Shares”) (“Consideration Shares”) to the Company;
(b) the assumption of a term loan of USD150 million (equivalent to approximately RM710 million) provided by Lender A (“Loan”) to be novated from Asia Aviation Capital Limited (Labuan) (“AACL”), an indirect wholly-owned subsidiary of the Company and the original borrower of the Loan, to Brand AA (“Loan Novation”). Capital A is in the midst of obtaining the approval from the facility agent of the Loan for the Loan Novation.

Posted by Sslee > 2 months ago | Report Abuse

The whole deal is to bailout capA from PN17 so that stony can have the cake and eat it too.

Posted by Mabel > 2 months ago | Report Abuse

Meanwhile our Chloe has been busy traveling around Japan for the past 3 days. Thanks to Ericsson’s Softbank 5G network she’s able to communicate with us. SoftBank Japan uses Ericsson’s 5G technology. Ericsson has been a key partner for SoftBank in deploying their 5G network. They have collaborated on various projects, including the deployment of Japan’s first Multi-Operator Radio Access Network (MORAN) with KDDI and SoftBank.

This is also why Magician Tony is focusing on MRO service. Asia-Pacific aircraft services market seen doubling to US$129b by 2043 — Airbus report as everyone like loves to fly to meet their customers.

In Japan, domestic air travel is primarily dominated by two major airlines: Japan Airlines (JAL) and All Nippon Airways (ANA). These airlines offer extensive networks covering over 50 airports across the country. Additionally, there are several low-cost carriers (LCCs) that are popular for domestic travel:

• Skymark Airlines: Known for its extensive route network and moderate fares.
• Peach Aviation: Japan’s first genuine low-cost carrier, offering competitive fares.
• Jetstar Japan: Operates the largest domestic network among LCCs.
• Air Do: Focuses on routes between Tokyo and Hokkaido.
• Starflyer: Offers routes centered around Kitakyushu and nearby regions.

These airlines provide a range of options depending on your budget and destination. However non of them are able to beat Capital A’s outstanding achievement *15X World Best Low Cost Airlines*.

Meow

Posted by Mabel > 2 months ago | Report Abuse

To date, the Malaysian government, through its sovereign wealth fund Khazanah Nasional, has injected a total of RM28 billion into Malaysia Airlines1. This includes a recent commitment of RM3.6 billion to support the airline’s restructuring and operations until 2025..

Remember Capital A is more than an airline. It is our investment holding with a broad portfolio of synergistic travel and lifestyle businesses. 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…

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

I already proposed to Gobermen to sell Malaysia Airlines, Putrajaya, Cyberjaya, Kastam, LHDN, KLIA, JPJ and DBKL to CapA all for a combined RM1.00

=> so far no news yet.
=> its very disappointing !!!

Posted by Sslee > 2 months ago | Report Abuse

Aiyoyo Balian your proposal already so outdated compare to PAS proposal money should be printed and given to the people to solve economic crises.

WHY can’t the government give every family RM1 million? “It seems logical, right?,” asks Minister of Economy Rafizi Ramli in a post on X.

In the post, he trolls the Parti Islam se-Malaysia Member of Parliament for Macang Wan Ahmad Fayhsal Wan Ahmad Kamal, who said in the past that money should be printed and given to the people to solve economic crises.

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

Yes agree
superb proposal indeed.

I have an improved proposal to give every Malaysian family RM1,000,000,000.00 every month.
This includes those hundreds of thousands of half Malaysian families where the husbands are Banglas

Naturally Cap A will be given a PAS cash bantuan acronym PASTUAN of RM100 Trillion for capital injection.

Posted by rohank71 > 2 months ago | Report Abuse

Cap A via AAX to take over MAS?... and Kazanah to take up AAX placement and buy up all AAX shares from Tune..

Posted by ArianaGoh > 2 months ago | Report Abuse

AirAsia X Bhd (AAX) has released a detailed circular on the RM6.8 billion acquisition of Capital A Bhd's entire equity stake in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for its shareholders’ review ahead of its Extraordinary General Meeting on Oct 16.

Posted by ArianaGoh > 2 months ago | Report Abuse

AirAsia X Bhd (AAX) has released a detailed circular on the RM6.8 billion acquisition of Capital A Bhd's entire equity stake in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for its shareholders’ review ahead of its Extraordinary General Meeting on Oct 16.

https://www.thestar.com.my/business/business-news/2024/09/25/airasia-x-issues-circular-on-proposed-rm68bil-acquisition-for-shareholders039-review

Posted by ArianaGoh > 2 months ago | Report Abuse

AirAsia X Bhd (AAX) has released a detailed circular on the RM6.8 billion acquisition of Capital A Bhd's entire equity stake in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for its shareholders’ review ahead of its Extraordinary General Meeting on Oct 16.

https://www.thestar.com.my/business/business-news/2024/09/25/airasia-x-issues-circular-on-proposed-rm68bil-acquisition-for-shareholders039-review

Posted by ArianaGoh > 2 months ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/09/25/airasia-x-issues-circular-on-proposed-rm68bil-acquisition-for-shareholders039-review

Posted by ArianaGoh > 2 months ago | Report Abuse

AirAsia X issues circular on proposed RM6.8bil acquisition for shareholders' review
https://www.thestar.com.my/business/business-news/2024/09/25/airasia-x-issues-circular-on-proposed-rm68bil-acquisition-for-shareholders039-review

Posted by mf > 2 months ago | Report Abuse

sell

Posted by ken2004 > 2 months ago | Report Abuse

actually, capitala like pointless already if sell off the airlines business for those buying because of the airlines, then if like this, switch to buy AAX instead.......sorry to said those non airlines business, i don't really understand their potential yet..........

Posted by ken2004 > 2 months ago | Report Abuse

As if I minus all the airlines business, thinking how much left the profit expectation will be..........

Posted by Sslee > 2 months ago | Report Abuse

(III) PROPOSED DISTRIBUTION BY THE COMPANY OF 1,692,307,692 CONSIDERATION SHARES TO ITS ENTITLED SHAREHOLDERS BY WAY OF A PROPOSED REDUCTION AND REPAYMENT OF THE COMPANY'S ISSUED SHARE CAPITAL PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED DISTRIBUTION") (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")

So if you hold 1,000 CapA you are entitle for 1,000 × 1,692,307,692/capA NOSH distributed AAX shares.
Will stony convert his capA-LA to capA share so that he get bigger entitlment for AAX shares distribution?

Posted by Sslee > 2 months ago | Report Abuse

Who will be proven right?
The_JQuestion QR is free to view , all profit except aviation arm... now reduced stake profit should be easy and without a doubt..
24/09/2024 4:26 PM

VS
ken2004 As if I minus all the airlines business, thinking how much left the profit expectation will be..........
25/09/2024 4:39 PM

Posted by Sslee > 2 months ago | Report Abuse

My bet:
If AAX goes bust after the acquisition of AAAGL and AAB all the BOD will ended up in jail.

Posted by Sslee > 2 months ago | Report Abuse

What will be the end result when a snake swallon an elephant?

Posted by value_seeker > 2 months ago | Report Abuse

It chokes?

Posted by The_JQuestion > 2 months ago | Report Abuse

SSlee
So another lose making quarter.
OCT to DEC
Revenue ASK (USD cents): 4.85
Cost ASK (USD cents): 5.06
Average fuel price: USD 125/bbl
VS ME
fuel price : USD 86/bbl
USD exch rate : 4.10
Only the wise can earn , the blind will follow , but nvr follow a confuse and lost old man ,,, follow TAN SRI he bring u FLY all the TIME , i take AA+ AAX post covid ;)) route keep expanding

Posted by Sslee > 2 months ago | Report Abuse

Repost:
Posted by Sslee > Sep 1, 2024 8:05 AM | Report Abuse X

Lowest unit cost airline in the world. Management is very ambitious, cost conscious and forward-thinking.

Is capA after paying lease payment to lessors, will it be one of the most highest unit cost airlines?

Group’s YTD net cash from operations doubled YoY to RM2.1 billion.
Cash flow from financing activities
Repayment of lease liabilities RM (1,792,676,000)

CapA is too good to the lessors and still paying lessors RM (100,343,000 + 76,568,000) for non operating aircrafts in Q2 ended 30/6/2024.

As at 30/6/2024
RM'000
Net current liabilities (13,478,846)
Total equity (11,244,436)
NTA RM (2.12)

Current lease liabilities RM 5,510,697,000

Can capA generate enough cash flow to pay the current lease liabilities?
Luckily revenue bond come to the rescue. So that capA can live to fight for another day

Posted by Sslee > 2 months ago | Report Abuse

Not forgeting as at 30/6/2024 current trade and other payables:
RM 4,725,450,000.

Posted by Sslee > 2 months ago | Report Abuse

And current borrowings RM 809,799,000

Posted by Mabel > 2 months ago | Report Abuse

https://www.msn.com/en-my/lifestyle/other/mechanical-engineer-turns-rm1-masala-tea-and-coffee-into-a-rm100-000-monthly-empire/ar-AA1qTfuu?ocid=nl_article_link........

This is Brilliant!

Another Magician like Tony Fernandez turning a RM 1 Teh Tariq into a RM 100,000 business monthly...

Congratulations, Kavievanan! Your Tea Thambi brand is yet another innovative creation from Mabel Oil. It will thrive as everyone loves Mabel Oil.

Tagline: “Now Everyone Can TT”

...another potential Santan menu when ever you on board Air Asia Flights...

To Our Success

Meow Meow Meow

Posted by bumipearl > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/709466

Posted by abidinaa > 2 months ago | Report Abuse

Ken2004, Fool and his hard earned money will soon parted. RIP Bro.

Posted by ken2004 > 2 months ago | Report Abuse

Not sure why you said that when I can earn from AAX since AAX is the one going to own the airlines business from CapitalA if this on which most of people buying CapitalA is due to the potential of this airlines business.........

Posted by ken2004 > 2 months ago | Report Abuse

Unless you really know the profit calculation as later if on, capitala will cut off the airlines business but capitala holds AAX shares, so not sure how those profit from aax can put into future capitala qtr.....if capital qtr minus all airlines business (With all the debts along), surely the profit amount won't be the same anymore.........

Posted by Mabel > 2 months ago | Report Abuse

Stand to be corrected…

Capital A announced the mechanics of its restructuring plan in its efforts to address its PN17 status. As part of the plan, Capital A proposed to dispose of AirAsia Bhd (AAB), which owns the Malaysian aviation operation, and AirAsia Aviation Group Ltd (AAG), which manages the Indonesian, Thai, Philippine and Cambodian operations, for RM6.8 billion to AAX.

Capital A will still own an 18.39% stake in AAG.

If AAX revenue in 2025 is RM 12.4 Billion, Capital A’s gain from its 18.39% stake in AirAsia Aviation Group Ltd (AAG) based on AAX’s projected revenue of RM12.4 billion in 2025, Capital A would gain approximately RM2.28 billion from its 18.39% holding in AAG if AAX’s revenue in 2025 is RM12.4 billion from the aviation business.

Then we need to add other revenue from post restructuring. Capital A will retain ownership of the four major business segments, namely the maintenance, repair and overhaul (MRO) operations under Asia Digital Engineering (ADE), logistics under Teleport, the AirAsia MOVE SuperApp, and digital finance service BigPay.

Meow

Posted by paulthesotong > 2 months ago | Report Abuse

Luck on your side...AA Airbus ..

https://theedgemalaysia.com/node/728041

Posted by Mabel > 2 months ago | Report Abuse

Air India and Lion Air, the two airlines in Asia with the largest number of 737 Max jets due this decade, were speechless..

Posted by paulthesotong > 2 months ago | Report Abuse

Of course higher fares..

Posted by JrWarren > 2 months ago | Report Abuse

Without official figure, the shareholders can either guess the figure after AA gone OR use available information to reverse engineer and calculate the possible profit.

In classroom, we learn 1 + 1 = 2 , we also learn reverse engineering the equation to 2 - 1 = 1 .
This is the maximum hint I can offer, if you are too lazy to do the homework, perhaps can start selling your Cap A stock.
You will be surprise with the profit and EPS from non-aviation segment.

Posted by ken2004 > 2 months ago | Report Abuse

If AAX revenue in 2025 is RM 12.4 Billion, Capital A’s gain from its 18.39% stake in AirAsia Aviation Group Ltd (AAG) based on AAX’s projected revenue of RM12.4 billion in 2025, Capital A would gain approximately RM2.28 billion from its 18.39% holding in AAG if AAX’s revenue in 2025 is RM12.4 billion from the aviation business.

For serious, profit not count in such way to transfer one public listed profit to another public listed company one lol, else we all shareholder rich already if the profit transfer based on share ownership percentage........surely unless dividend announced then only shareholder will have entitlement......

Posted by ken2004 > 2 months ago | Report Abuse

Just like I mention, depends on your intention when buying capitala, like me, for me is the airlines business, so if the whole airline business shifted to AAX, if my preference still on the airline business, surely AAX will be my target instead now........

Posted by bu4567 > 2 months ago | Report Abuse

Don't forget not only the business shifted to AAX but the big debt as well.

Posted by siowlang > 2 months ago | Report Abuse

Don't forget, Capital A will still own a substantial portion of the airline business via the shares. So they will be dividend upstream in the future. In addition, the airline business has to pay % of revenue to Capital A for use of the AirAsia brand. In addition, with their new 14 line MRO hangar at KLIA, the new AAX group will service their aircrafts there.

Symbiotic relationship. Both Capital A and the new enlarged AAX group will both win.

Posted by abidinaa > 2 months ago | Report Abuse

There is very little chance the sicker bilis can make profit because the shorties peni$ gang is I3lurking & I3licking. They kept pressing the price below 1.67. Twice today. Come on guys have a heart. Sucker bilis oso want to make some end meats. So happy trading try your best not to trapped by the Ilurking short peni$.