CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

1.01

Today's Change

-0.01 (0.98%)

Day's Change

1.00 - 1.02

Trading Volume

4,271,400


128 people like this.

169,156 comment(s). Last comment by paulthesotong 27 minutes ago

Mabel

24,499 posts

Posted by Mabel > 2 weeks ago | Report Abuse

A flying sorcerer!

Yes Sir...We almost out of PN17 for Capital A. Probably the greatest turnaround story ever in Malaysia...

https://www.youtube.com/watch?v=Gft_kG9cfJg

Enjoy this song as much as I do…..

Sslee

7,129 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Noting to shout about when Stony is arm-twisting AAX to take over the debts laden capA' aviation so that capA can exit PN17.

Sslee

7,129 posts

Posted by Sslee > 2 weeks ago | Report Abuse

The only question now is who will be the AAX PP investor/investors that ready to invest RM 1 billion into AAX?

abidinaa

115 posts

Posted by abidinaa > 2 weeks ago | Report Abuse

3QTR
July 1 2024 RM/USD 4.67
Sept 30 2024 RM/USD 4.17
4QTR
Oct 1 2024 RM/USD 4.18
To date RM/USD 4.45
4QTR Forecast
RM maintain strength
Passenger increase based on MAHB
Profitability slightly increase compared to 3Qtr 2024.

Sslee

7,129 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Q3 is the weakest quarter. Looking forward to see what will it be on Q4.

Below expectations. Capital A Berhad (Capital A) reported a 3QFY24 core LATAMI of -RM545.7m, bringing cumulative 9MFY24 core losses to -RM324.7m after excluding forex gains and one-off items. This fell below our and consensus expectations, which had anticipated a full-year profit, primarily due to higher-than-expected operating expenses (opex) and weaker contributions from non-aviation entities.

paulthesotong

2,921 posts

Posted by paulthesotong > 2 weeks ago | Report Abuse

What do u call it when a Giraffe swallows a toy plane?

A Plane In The Neck!

ArianaGoh

120 posts

Posted by ArianaGoh > 2 weeks ago | Report Abuse

People not going cuti-cuti this year end ...?

abidinaa

115 posts

Posted by abidinaa > 2 weeks ago | Report Abuse

Are you sure MAS pilots are familiar with A330 or not. It's not like Boeing la where each toggle switch and button are for specific function. In A330 most of buttons can do more than one functions and most are on-the-fly system. If you are tikus don't try to fix the labu la.

jenson68

1,461 posts

Posted by jenson68 > 1 week ago | Report Abuse

Accumulate and hold ….

The_JQuestion

1,707 posts

Posted by The_JQuestion > 1 week ago | Report Abuse

Neither optimist nor pessimist would help you to make full use of what life has to offer.

Be pragmatist and seek truth from facts

Finally leopard show his true color .... Goodluck , seems like Hope is back . We shall know soon , HOLD till then !!! once confirm , u can choose

Ravi Kumar

3,671 posts

Posted by Ravi Kumar > 1 week ago | Report Abuse

Only good at cut and paste. Is it the operator's fault or the manufacturer's poor quality? LOL

paulthesotong

Competitor has si many issues.....

https://www.malaymail.com/news/malaysia/2024/12/22/new-planes-old-problems-malaysia-airlines-says-a330neos-have-engine-issues/160759

4 hours ago

The_JQuestion

1,707 posts

Posted by The_JQuestion > 1 week ago | Report Abuse

RP submitted... its time to FLY great xMAS gift from tan sri himself... unwrap time !! huat ah 2025 , year of SNAKE ... snake will triumph !! all the way to CNY and some say HARI RAYA !! 2026 , maybe back to peak level !!

jenson68

1,461 posts

Posted by jenson68 > 1 week ago | Report Abuse

Capital A to exit PN17 status by 1Q2025, says CEO… hehe

Mabel

24,499 posts

Posted by Mabel > 1 week ago | Report Abuse

Haha Mabel always loves Airlines..

1st plane ride when Mabel was 8 years old was on Cessna. It was loves on 1st fly..

Bought and Proud to be the Shareholders of Malaysian Airlines. Make good profits when Khazanah took it private..

So Air Asia was a natural choices when MAS went to private.

Beside, with AA Every One Can Fly. It's the Worlds Best Low cost airline for 15th consecutive-time

https://www.worldairlineawards.com/worlds-best-low-cost-airlines-2024/

jenson68

1,461 posts

Posted by jenson68 > 1 week ago | Report Abuse

Glad to hear Capital A submits regularisation plan successfully !! Hope everyone can “ fly “ with Capital A in 1Q 2025 !! Cheers

Sslee

7,129 posts

Posted by Sslee > 1 week ago | Report Abuse

Already lost count how many times Stony promised by when capitalA will be out of PN17.
Hope this time will he fulfill his promise?

Capital A to exit PN17 status by 1Q2025, says CEO

abidinaa

115 posts

Posted by abidinaa > 1 week ago | Report Abuse

KEY TAKEAWAYS
A capital reduction is the decrease of a company's shareholder equity.
Capital reductions are generally done through share cancellations, paid-back capital, or share repurchases (buybacks).
Companies do capital reductions for a variety of reasons, such as for increasing shareholder value or producing a more efficient capital structure.
Capital reductions must be performed according to the law and a company must undergo a series of steps to correctly do a capital reduction.

Sslee

7,129 posts

Posted by Sslee > 1 week ago | Report Abuse

Capital reduction do not strengthen capA balance sheet. The disposal of debts laden AAAGL and AAB to AAX did the job of strengthen capA balance sheet.

But then again can AAX survive with the heavy debts and impairment of goodwill in year to come? If not then AAX will fall into PN17.

Mabel

24,499 posts

Posted by Mabel > 1 week ago | Report Abuse

To Our Success All Stars!!!!

Mabel

24,499 posts

Posted by Mabel > 1 week ago | Report Abuse

Malaysia Airlines (MAS) has received substantial financial support from the Malaysian government over the years. Here are some key figures:

1998: The government bought back a controlling stake from businessman Tan Sri Tajuddin Ramli.

2002: Another bailout was required due to continued financial struggles.

2014: Following the tragic incidents of MH370 and MH17, the airline received significant financial support to restructure and stabilize.

2014: Khazanah Nasional Bhd injected RM6 billion into MAS.

2018: MAS received a total of RM28 billion from Khazanah Nasional Bhd

In contrast, Singapore Airlines (SIA) has had a more stable financial history and has not required as many bailouts. However, during the COVID-19 pandemic in 2020, SIA received a substantial financial package from the Singapore government to help it navigate the crisis.

When Tony Fernandes took over AirAsia in 2001, he did receive some funding. He and his partners bought the heavily indebted airline for a token sum of 1 Malaysian Ringgit (approximately USD 0.25) and took on debts of around USD 11 million (RM 40 million). Fernandes mortgaged his home and used his personal savings to acquire the company, which was then losing money

Now you know why we loves Capital A....

Meow Meow Meow

jenson68

1,461 posts

Posted by jenson68 > 1 week ago | Report Abuse

Thanks for your insight @ Mabel !!

fregend

617 posts

Posted by fregend > 1 week ago | Report Abuse

somehow this counter can never die, tony magician

Posted by RobinHootnShoot > 1 week ago | Report Abuse

It will go up to RM1.50 at least after PN17 is lifted

abidinaa

115 posts

Posted by abidinaa > 1 week ago | Report Abuse

Historically Q4 is the strongest. This time the following Q1 will be packed with CNY and Raya travellers. We are looking forward to amazing QR because RM/USD is forecasted to be hovering around 4.5 or maybe lower because the US inflation data is getting even lower which may force Fed to lower the interest rate. So get ready to accumulate and prepare to buy additional lorries or even vaults. It's gonna be a very very merry QR.

Mabel

24,499 posts

Posted by Mabel > 1 week ago | Report Abuse

Haha today Lady Sapura is sitting on P1 today in Mabel Malaysia (16.67%). Loves to see these 2 National Assets (Sapnrg (16.67%)and Capital A (1.02%) complete turnaround. Happy to be part of their success stories. Sapnrg 3rd Generation of Leadership under PNB is clean from cronyism and corruption. Beside, they are not so keen on Birkins.

The cost of holding is actually minimal. It is actually much much much much much much lower than Big Brother PNB is holding. If they can tahan so can Mabel. Beside the Capital Gain and Dividends from the 14 counters can easily cover this cost. It's part of the learning cost to see a potential great turnaround stories.

https://theedgemalaysia.com/node/738865

To Our Success Everyone!

Meow Meow Meow

Mabel

24,499 posts

Posted by Mabel > 1 week ago | Report Abuse

Capital A Aduka : Tak lama lagi kita bolih terbang sayang

Lady Sapura : Sabar sayang, tak kan lari gunung di kejar. Kita ke bulan tahun 2025...

Sslee

7,129 posts

Posted by Sslee > 1 week ago | Report Abuse

Many other airlines already fully recovered and make a lot of money the last 2 years.

Only capA still suffered from long covid and unable to make any money from flying people. Either Stony do not know how to make money flying people or the lessors are squeezing Stony ball for what its worth.

williamh

960 posts

Posted by williamh > 1 week ago | Report Abuse

Capital reduction mean very paintful to small investors,maybe 10 become 1.

williamh

960 posts

Posted by williamh > 1 week ago | Report Abuse

Many has over sight the capital reduction impactful and think IT will fly to 1.50,but the value has to reduce to 10 become 1 Share.only big timer gain

Sslee

7,129 posts

Posted by Sslee > 1 week ago | Report Abuse

CapA capital reduction is just an accounting adjustment of share capital. It did not involved share consolidation. After all most of aviation billions in net liabilities will be transfered to AAX

Unlike AAX debts restructure (0.1 sen for every ringgit owed), capital reduction, share consolidation (10 to 1) and PP

Posted by TradingFUN > 1 week ago | Report Abuse

page 14 of regulasation plan

For the avoidance of doubt, the Proposed Capital Reduction will not result in:
(a) any change in the total number of issued ordinary shares in Capital A (“Capital A
Shares”), the RCUIDS or the warrants 2021/2028 in the Company (“Warrants”);
(b) any payment to the shareholders of the Company; and
(c) any adjustment to the reference price of Capital A Shares, the RCUIDS or the Warrants.
Each shareholder will hold the same number of Capital A Shares representing the same
percentage shareholding in the Company before and immediately after the completion of the
Proposed Capital Reduction.

Posted by TradingFUN > 1 week ago | Report Abuse

Cap A will complete the recovery by Q4 this year.
2025 with all planes flying will reflect the full potential of the financial performance.

Anw412

132 posts

Posted by Anw412 > 1 week ago | Report Abuse

even though the RP was delayed few times but in terms of timing this is the best time to submit it.
1. Almost full capacity recovery in Q4.
2. Additional new aircrafts coming in.
3. ADE's new hangar completed and ready to serve bigger MRO market. Look out for this.
4. Teleport also performing well and gaining more market share.
5. Santan & MOVE will also grow in tandem with AA capacity growth.

I will hold on until all RP completed then decide after that. Things are looking comfortable barring any new crisis.

Mabel

24,499 posts

Posted by Mabel > 1 week ago | Report Abuse

I'm with you guys and thanks for sharing...

There were 55 IPOs on Bursa Malaysia in 2024, marking the highest number of listings in 19 years

https://www.thestar.com.my/business/business-news/2024/12/20/bursa-malaysia-records-highest-number-of-ipos-in-19-years-with-55-listings-in-2024

Unfortunately, Quality always beats Quantity as these 55 IPO fail to lift up Bursa Malaysia up. What we need is to nurture the current National Treasures so they can be another Ferrari. A good example is when YTL and YTL Power was cleared by MACC, they managed to pull KLCI above 1600 last week with or without Foreign Funds…

Mabel is expecting the same from this National Treasures soon...

Meow Meow Meow

paulthesotong

2,921 posts

Posted by paulthesotong > 1 week ago | Report Abuse

Concur ..CapA is a Ferrari! Why put in the garage?...Let do some showboating.

The_JQuestion

1,707 posts

Posted by The_JQuestion > 1 week ago | Report Abuse

JUST accounting from DAY 1 tony told... meanwhile a lot of golden companies left in cap A >>> TELEPORT , ADE waiting for thier individual IPO debut.... wow AMAZING tan sri ! he will make it happen before his last tenure ,, making value for MALAYSIAN markets now all depends on the REST after his time is over

Sslee

7,129 posts

Posted by Sslee > 1 week ago | Report Abuse

30 September 2024: 30 June 2024
USD/MYR
Average rate 4.4566: 4.7323
Closing rate 4.1065: 4.7205

Quarter ended 30 Sep 2024
Foreign exchange gain/ (loss)
Realized: RM 74,800 000
Unrealized: RM 2,195,000,000

So if 30/12/2024 USD/MYR ended at 4.50 what will be the Foreign exchange loss?

Sslee

7,129 posts

Posted by Sslee > 1 week ago | Report Abuse

CapA is a LCC airlines or our Myvi where everyone can afford to at least owned one.

"Now Everyone Can Fly” is the tagline of AirAsia, a low-cost airline based in Kuala Lumpur, Malaysia

Can everyone afford a "Ferrari"?

jenson68

1,461 posts

Posted by jenson68 > 1 week ago | Report Abuse

Hold saja as it will up slowly till PN17 upliftment !! Be patient

paulthesotong

2,921 posts

Posted by paulthesotong > 1 week ago | Report Abuse

"A Marathon is 42Km.Have to go another 2Km to go to the finish line"..well said.

Income

12,841 posts

Posted by Income > 1 week ago | Report Abuse

Japanese mathematician Kenji Fukaya, another prize-winning scholar, expressed hope that more Chinese-origin researchers would return home to teach and help build a strong community of highly skilled mathematicians. Fukaya recently left the U.S.-based Stony Brook University in September to become a full-time professor at Tsinghua University.




Stony Brook University
Pun Ada university dengan nama stony.. Haha

paulthesotong

2,921 posts

Posted by paulthesotong > 1 week ago | Report Abuse

stony new book?

Income

12,841 posts

Posted by Income > 1 week ago | Report Abuse

Incredible stony wifey , no wonder
https://youtube.com/shorts/E95hlUc4Z6M?si=1uOyA6eT2n0rFzen

jenson68

1,461 posts

Posted by jenson68 > 1 week ago | Report Abuse

Top up 1.00 or below …

DickyMe

14,962 posts

Posted by DickyMe > 1 week ago | Report Abuse

The government will not help kapeh companies.

BlackQ

77 posts

Posted by BlackQ > 1 week ago | Report Abuse

Tony said a word “huge”….. what is this “huge” mean….

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