Posted by BlackQ > 1 month ago | Report Abuse

I bet after Monday vote, Cap A will LD, then all people will think is “adjust” , actually is “trapped” until 2025 “release PN17”.

Posted by BlackQ > 1 month ago | Report Abuse

If out capital can “hold” 6months….

Posted by JrWarren > 1 month ago | Report Abuse

I agree with Lee, lets grab a cola and popcorn to watch the show from TonyWood, quality as good as Hollywood and Bollywood.

Posted by JrWarren > 1 month ago | Report Abuse

In 2025, i3 - AAX will become more active once you all go there.

Posted by Sslee > 1 month ago | Report Abuse

Just send:
Dear Capital A IR,

Thank you very much for your above email.

A commentator posted below in an investment forum:

he already address some question in yesterdays Webinar ? if u fllow Sir tony close enough , he will give u some juicy info . All ur accounting problems ? He even mention he is writing off forex losses of up to 1 billion , thats going to be profit .
Cap A is going to get two cumulative profit period and goodbye pn17 !!! Make it look so easy :)) 11/10/2024 9:08 AM

The above posting had prompted me to ask below further questions:
As at 30/6/2024
Total current assets: RM 2,319,481,000
Total current liabilities: RM 15,798,327,000
Net current liabilities: RM 13,478,846,000

Question 1: BOD, can CapitalA generate enough cash flow to pay for all the current liabilities in the next 12 months?

Question 2: If the answer is NO, then how is Capital A/AAX going to avoid payment default especially on trade and other payables, aircraft maintenance, amount due to associate and related parties, borrowings, current portion of long term debentures and lease liabilities?

As at 30/6/2024
RM’000
CURRENT LIABILITIES
Trade and other payables: 4,725,450
Aircraft maintenance provision and liabilities: 1,950,706
Sales in advance: 2,041,289
Amounts due to associates: 21,297
Amounts due to related parties: 502,283
Borrowings: 809,799
Current portion of long term debentures: 191,518
Lease liabilities: 5,510,697
Derivative financial instruments: 24
Provision of taxation: 45,264

Please forward the above questions to the BOD for them to prepare the answers

Thank you

Have a good day

Posted by stncws > 1 month ago | Report Abuse

boss says yesterday RM1 is great value ....and worth 5 6 billion

Posted by Mabel > 1 month ago | Report Abuse

#The_JQuestion https://theedgemalaysia.com/node/709390
u can read more on ur debt... anyways the debt will be transferred to the new CO . not with cap A , u are still complaining at a non relevant space. Stony can easily answer ur whining questions , BUrsa approved it. U can just complain like the rest of whining customers, this deal is going through . u can do nothing but watch :))
11/10/2024 9:20 AM

The aviation debt will be transferred to the New CO and will not stay in Capital A. Cap A shareholders get AAX shares as compensation. After corporate exercise, CAP A share price will adjust to market maker’s price movement, but Mabel has received new shares from AAX.

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..

Capital A will be out of PN17…

As of November 22, 2023, AirAsia X (AAX) has exited its PN17 status. Bursa Malaysia approved AAX’s application for the upliftment of its PN17 status, which took effect on that date1. This means AAX is no longer classified as a PN17 company

Bottom line Mabel will be the proud shareholders of Capital A and AAX with both companies out of PN17.

Thank you so much Magician Tony. You are the best !

https://www.thestar.com.my/business/business-news/2023/11/22/aax-exits-pn17-status-on-positive-showing

Posted by The_JQuestion > 1 month ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/10/10/airasia-drives-klia-to-top-global-lcc-megahub-status-announces-new-routes
AirAsia Group Bhd has been recognised by the OAG Megahubs Index 2024 as a key contributor to Kuala Lumpur International Airport's (KLIA) ranking as the world's top Low-Cost Carrier (LCC) Megahub.
TOP LCC MEGAHUB thanks to Airasia .... TOP in the WORLD.. and GROWING ?? only those BUTA , BIASED , SORE LOSERs but the FACT is in front of ur eyes. GO to KLIA 2 , see how much value it created , all thanks to WHO?
LONG TERM PLAN is very intact , u also hear sir Tony tan Sri saying many are interested to INVEST... with the plans going through. He will unlock all the VALUEs in EACH company as he is helming CAP A for another 5 years. Another few IPOs too , in case none of u been following

Posted by Sslee > 1 month ago | Report Abuse

As at 30/6/2024
Non current assets: RM 26,053,575,000
Non current liabilities:RM 23,819,165,000
Non current asset hardly cover non current liabilities.
And of the non current assets
Intangible assets: RM 4,484,508,000
Deferred tax assets: RM 1,387,458,000

What will happen if company cannot repay the current borrowing, lease liabilities, trade and other payables and etc?

Posted by rhtc88 > Oct 11, 2024 9:38 AM | Report Abuse

Can capA generated enough cash flow to pay the current liabilities?

Laugh at it....Seriously? All Current Liabilities need settle by Cash by once? Who tell you need to be it so? Fixed Assets not worthy?

Posted by paulthesotong > 1 month ago | Report Abuse

Minorities are upset when CapA is green...?

Posted by Sslee > 1 month ago | Report Abuse

If you dafault on borrowings repayment due then all the banks will recall their borrowings at once

If you dafault the lease payment the lessors have the rights to pull out their planes.

If you default of trade and other payables the creditors have the rights to get a court order to ask company to pay up or put the company under administrator and auction you assets

Posted by paulthesotong > 1 month ago | Report Abuse

Not all debt companies are created equal !...flyhigh

Posted by ken2004 > 1 month ago | Report Abuse

To be fair, all this liabilities, those debtors won't push till bankrupt as long as the company able to gain revenue to repay which this company proven so far able to as it is recovering. This is why I just speechless when said till can give out dividend as how on earth those debtors will be convince if you got money to give out dividend but not repaying me more lol.......

Posted by Balian de Ibelin > 1 month ago | Report Abuse

If got dividend lawsuits will start.
Once started AAX will go under liquidation within 12 months. Many hope the Professor is stoopied enough to pay dividends 😁

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Scammers are still white washing with Bursa approved it.
Bursa had transitioned to market disclosure more than 20 years ago.
Bursa do not approve anything.

Companies lodge their documents with Bursa as an archive for public.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Even with IPOs, companies need market sponsors. Anything wrong Bursa goes after the market sponsor.
Bursa does not approve anything.

Posted by Income > 1 month ago | Report Abuse

Balian Sir, helps please in Scib forum promoting it.
I still hanging my underwear in Scib, Malunya..

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Everytime and always scammers try to brainwash that documents are holy since Bursa approved it.
Actually i keep repeating again Bursa does not approve anything. It's merely lodged for public access.

Companies will need to answer questions in court for documents lodged with Bursa for public access.

Posted by JrWarren > 1 month ago | Report Abuse

Company is a single separate entity.
AFTER AFTER AFTER corp exercise, outstanding debt is about RM1.7b (600m is Bursa loan stock). The debts are repaid via installment over the years.
So the dividend payout is normal if Cap A choose to do so.
There are tons of public listed companies with bank borrowing and other form of debt, yet still paying dividend at lower payout ratio from 20% ~ 50%. If no debt (ie UP and Inno), the payout ratio may up to 80%. Certain borrowing may required creditor approval prior to dividend declaration, but such reject of payout is not absolute.
When you think for yourself, you fail to see the opposite.
Creditor: I want earn interest and also make sure AA pay on time. However, please DONT DONT DONT do prepayment because I want earn the interest for longer period, else my annual budget on loan asset and interest income will have shortfall.
Investor: Cap A earn alot money but all goes to pay debt adi, sure no dividend for next few years, lets dump this counter and buy other counter.

Posted by The_JQuestion > 1 month ago | Report Abuse

smart money will know where to FLOW... mr . Market will show u who is RIGHT , who isn't :)))
too OLD school , by the book ... will not have brought cap A and AAX to such GREAT HEIGHTS , one should keep note. It is REACHING greater HEIGHTS!!! not ready to LAND , it is evident that MALAYSIA has chosen its rightful and best carrier to bring it FORWARD , King of LCC !

Posted by Sslee > 1 month ago | Report Abuse

The Professor is smart that is why he keep all his RCUIDS and earned the share of profit/interest payment.

The bankers are smarter lend money to Professor and keep the RCUIDS as collateral, no worries about interest and loans repayment.

Posted by Sslee > 1 month ago | Report Abuse

Mabel even smarter, buy low sell high and buy high sell higher.

Posted by Income > 1 month ago | Report Abuse

Balian sir, u promote SCIB but you run away after that。Please go back to SCIB to promote it. I am hanging underwear there。

Posted by Income > 1 month ago | Report Abuse

Balian is even better, u promote SCIB but you run away after that。
Bankers kalah to Balian

Posted by The_JQuestion > 1 month ago | Report Abuse

balian and sslee together , nvr lose :)) ... ask more useless questions , even I KNOW how Tan sri will answer. let him enjoy his moment while we enjoy the PRO-FITs , anyone can have their own way
i wonder how much market AA has taken at q4 with MAS and batik drop in market SHARE :)) ... HELp them pls !! AA is stronger than EVER, after pn17 even more POTENTIAL with no FINANCIAL WOES...

Posted by Income > 1 month ago | Report Abuse

Sslee sir only worry about AA stock but never worry about top G low, even though top G is bleeding cash.

Posted by ken2004 > 1 month 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..

LOL, if you really think like this, gone case jor, revenue <> profit/loss plus this does not work like that, if it work like this, we all the shareholders rich already when their profit can go into our pocket, LOL, shareholders only can access the profits if there is dividend declaration.......

Posted by JrWarren > 1 month ago | Report Abuse

I dont want to conduct accounting class again, 18.39% shareholding is not consider as subsidiary, so u go think what come next in Cap A book record.

Of course I am expecting dividend from Cap A , NOT AAX ... Because the non-aviation segment has sufficient profit for dividend and debt repayment (current & non-current), just see Cap A management want to declare the dividend or not.

Even now I still enjoy cash flow from CAP A, because I do my homework and able to close the information gap not available direcrly to most retail investor. However, this information actually published in fragment inside the quarterly & annual report.

Posted by Sslee > 1 month ago | Report Abuse

Posted by JrWarren > Oct 11, 2024 4:48 PM | Report Abuse
I dont want to conduct accounting class again, 18.39% shareholding is not consider as subsidiary, so u go think what come next in Cap A book record

Just a question then why capA accounting AAV and IAA as subsidiary?

CapitalA FYE 2023 report: Summarised statements of financial position as at 31th December are as follows:
Effective Holding
AAV: IAA: PAA
40.71%: 47.43%: 97.71% (99.66 latest)
FYE 2023: FYE 2023: FYE 2023
RM’000: RM’000: RM’000
Non-current assets: 8,094,574:1,627,381: 908,863
Current assets: 1,831,039: 231,987: 242,429
Non-current liabilities: (6,223,938): (2,283,702): (1,679,148)
Current liabilities: (2,573,670): (1,965,010): (3,205,168)
Net (liabilities)/assets: 1,128,005: (2,389,344): (3,733,024)

Posted by xiaoeh > 1 month ago | Report Abuse

this Tony is trying hard to make himself to be the next look like Sir Richard Branson...

Posted by Sslee > 1 month ago | Report Abuse

Virgin Atlantic has not reported a positive net profit since 2016, and has recorded net losses in all but two of the past 10 years. In 2023 its net loss of GBP225.5 million marked an improvement from even heavier losses in 2022 and 2021 - but it was still down on its 2019 net loss of GBP54.7 million.20 Jun 2024

“Belief, determination and conviction ensured our survival,” Virgin Atlantic CEO Shai Weiss said, reflecting on the airline's rough ride through the pandemic. However, since then Virgin has cut £300 million ($380 million) from its annual cost base and is on track for a profitable 2024.3 Nov 2023

Posted by Balian de Ibelin > 1 month ago | Report Abuse

It's always easier for companies to do Madoff style ponzi schemes compared to Investment management companies.
All companies need to do is to have crazy fans online scammers who will point at cashflows and claim can pay monthly plane rentals when cashflow show unable to pay plane rentals.
For investment companies the minute profits are paid out of new investments, Directors get arrested.
Hence Madoff style Ponzi schemes are rampant throughout the whole world.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Luckily 99Speedmart uses the Ryanair Yield Control Curve. A true marketing success story.
Reverse Marketing using a Reverse Ryanair Yield Control Curve like Air Asia and the Malaysian Fried Chicken company always end in Tragedy

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Take a theoretical example where monthly plane rental is 1,000 where 100 is interest and 900 is principal.
Scammers know that people 100% do not understand cashflows so they point at net operating cash which actually only included the 100 interest.
If include the 900 principal CapA is bankrupt which Scammers smile and laugh behind suckers' backside.
There is no mercy by scammers and no mercy for suckers in this world

Posted by Balian de Ibelin > 1 month ago | Report Abuse

In an ironic twist of fate, patsies are always around to take the blame.
Going back to 2019 before covid. Air Asia was in deep financial trouble pending liquidation. Reason is never ever made a penny moving people due to using Reverse Ryanair Yield Control Curve and profits 100% came from selling planes.
Plane sale market disappeared completely in 2019.
Covid came and became rescued Air Asia.

For the Malaysian Fried Chicken company, "boycott" became the patsy completely ignoring the facts that company implemented Reverse Ryanair Yield Control Curve prior to revenue failure.
Tragedy struck and many outlets were closed. Totally unnecessary if use a proper Ryanair Yield Control Curve.
Reverse Marketing costs lives.

Posted by Income > 1 month ago | Report Abuse

Balian sir, u promote SCIB but you run away after that。Please go back to SCIB to promote it. I am hanging underwear there。

Posted by Income > 1 month ago | Report Abuse

AA is supported by some giant。Giant = bankers?

Posted by Income > 1 month ago | Report Abuse

No wonder stony ＆Kim Chee are very joyful every day

Posted by Income > 1 month ago | Report Abuse

Xia o eh,
Stony tutor = Sir Richard Branson...teaching the wrong lesson to stony Or Stony deviate from his master original sins teachings?

Posted by Sslee > 1 month ago | Report Abuse

Just ask yourself with unpaid covid debts and lease liabilities keep roll over and with total of 362 aircraft in orderbook to be delivered in the next 12 years. 73 aircraft have already been secured financing through Sales and Leaseback (SLB) arrangements with several lessors.

With many regional LCCs also placing big order on planes, so there will be more and more planes chasing for passangers in the very near future. What will happen then?
Can Ryanair Yield Control Curve or Reverse Ryanair Yield Control Curve make any different?

Posted by Income > 1 month ago | Report Abuse

Who is greater talent: Sir Richard Branson or Stony Penan des?

Posted by Income > 1 month ago | Report Abuse

BTW, Stony is Penan ethnic from S'wak，

Posted by Sslee > 1 month ago | Report Abuse

Stony instead of selling dream (everyone can fly) he should start to do something he is best at, that is selling planes

Posted by Sslee > 1 month ago | Report Abuse

Both Sir Richard Branson and Stony lose their shirt, pant and sock in their boyhood fantasy venture into F1.

On the side bet Sir Richard Branson lose his bet and had to dress up as AA stewardess and served cofee, tea or me in AA plane for a day.

So how do you think what going in Sir Richard Branson mind about Stony and AA?

Posted by Income > 1 month ago | Report Abuse

How come I write about Sir Richard Bransonbe coming AA air steward dess gone from i3？
Wearing girl ly make up and stony laughing LOL all the flight to London from KL IA。

Posted by Income > 1 month ago | Report Abuse

Air passengers are non money b iz，
Better turn into airfreight biz。making Rm everyday to the Bank。

Posted by Balian de Ibelin > 1 month ago | Report Abuse

BTW Santan also lost the bet.
The Santan Coffee Kiosk at Midvalley bridge with Gardens closed down.
I had walked past hundreds of times, never ever bought anything.
Now closed down. 😁

Posted by Sslee > 1 month ago | Report Abuse

Whoever gave the name Santan which is so close to Satan must be planning his revenge on Stony.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Santan reminds me of my staff.
Whenever I ask what's happening. She waves it at me and says it's finished. I am putting some thought and effort into it.
The thought and effort always transform the finished product to breathlessly excellent.

Santan had been done without any thought and effort.
Starbucks always tells you where their coffee comes from, Indon, Kenya etc etc mostly cheap coffee. Once a while only you get excellent Colombian for coffee of the day.
As is, you have no idea where the Santan coffee comes from.
If launched as Oxford with a proper backstory that it's a proprietary blend of South American and African beans concocted by 2 Oxford students to pass their exams will sell way better.

Posted by abidinaa > 1 month ago | Report Abuse

Balian is grown up adult with kindergarten brain stuck in it and with a short dic stuck
in between tiny winy ball. I don't bother looking at his comment. Let alone reading them. He kept on meticulously repeating the same nonsense. He got no money one. So please ignore him at all cost