Posted by The_JQuestion > 2024-08-15 17:17 | Report Abuse

dilution the real question is what is the business worth >? brain only dilution , this isnt like ur jaks PP to dilute shareholders because need more CASH to run business.
acquiring the whole aviation business will give 7 bil revenue per Quarter... almost 30 bil per year... in CASH .
☝️ ☝️ agak2 lah when talking nonsense

Posted by Sslee > 2024-08-15 17:34 | Report Abuse

Know what is the cashflow of the whole aviation business?
Did AAV listed in Thai and PT AirAsia TBK listed in Indonesia give any dividend to AAAGL?

Posted by Sslee > 2024-08-15 17:37 | Report Abuse

Know how much debts and negative equity in lose making AA Philippine?

Posted by NorAfan > 2024-08-21 20:55 | Report Abuse

Mana boleh tengok AA Philippine punya laporan kewangan ?

Posted by Sslee > 2024-08-21 21:15 | Report Abuse

CapitalA annual report:

13. Investment in subsidiaries (cont'd.)
Material partly-owned subsidiaries
Proportion of equity interest held by non-controlling interests:
Country of 2023 2022
Name of entity incorporation % %
IAA Indonesia 52.57% 52.57%
PAA Philippines 2.29% 60.00%
AAV Thailand 59.29% -


13. Investment in subsidiaries (cont'd.)
Material partly-owned subsidiaries (cont'd.)
Summarised income statements as at 31 December are as follows:
2023: 2022
IAA PAA AAV IAA PAA
RM’000 RM’000 RM’000 RM’000 RM’000
Revenue 2,025,803 1,767,199 3,361,088 1,138,141 827,520
Depreciation and amortisation (239,357) (184,015) (289,965) (188,126) (191,038)
Interest income 192 15 2,839 230 6
Interest expense (108,689) (101,539) (192,613) (97,235) (86,070)
(Loss)/profit before taxation (364,287) (472,560) 23,210 (487,986) (533,294)
Tax credit - - 4,023 - -
Net (loss)/profit for financial year (364,287) (472,560) 27,233 (487,986) (582,865)
Total comprehensive (loss)/profit (364,287) (472,560) 27,233 (487,986) (582,865)
Attributable to non-controlling interests (191,513) (10,803) 16,147 (256,534) (349,719)

Summarised statements of financial position as at 31 December are as follows:
IAA PAA AAV IAA PAA
RM’000 RM’000 RM’000 RM’000 RM’000
Non-current assets 1,627,381 908,863 8,094,574 1,409,615 709,801
Current assets 231,987 242,429 1,831,039 116,294 357,235
Non-current liabilities (2,283,702) (1,679,148) (6,223,938) (1,992,676) (1,021,560)
Current liabilities (1,965,010) (3,205,168) (2,573,670) (1,458,377) (3,100,251)
Net (liabilities)/assets (2,389,344) (3,733,024) 1,128,005 (1,925,144) (3,054,775)

Posted by Sslee > 2024-08-22 06:52 | Report Abuse

AAV.BK - Asia Aviation Public Company Limited
Thailand - Thailand Delayed Price. Currency in THB
2.1800 -0.0200 (-0.91%)
At close: August 21 04:38PM ICT
Market Cap 28.013B

AirAsia Indonesia Tbk PT
IDX: CMPP
65,00 IDR +1,00 (1,56%)today
21 Aug, 14.55 WIB • Disclaimer
Mkt cap 683,85B

AAAGL hold: 40.71% AAV, 47.43% AA Indo Tbk PT and 97.71% unlisted PAA.
By right listed AAV and AA Indo Tbk PT is associate company of capitalA.

As at 31/12/2023 AA Indonesia Tbk PT and PAA
RM '000
Net (liabilities)/assets (2,389,344) (3,733,024)
Need capital injection.

Posted by Sslee > 2024-08-22 07:08 | Report Abuse

AAX had proposed to acquire the aviation business for RM6.8 billion. It planned to issue new shares worth RM3 billion — 2.31 billion shares at RM1.30 each — to acquire AAAGL

2.31 billion new AAX shares to acquire AAAGL will result in earning dilution or earning enhencing?

Is AAX proposed to acquire the aviation business for RM6.8 billion a financial enhencing or undermining?

Will AAX financially fall into PN17 after acquire the aviation business for RM6.8 billion?

Posted by NorAfan > 2024-08-23 16:09 | Report Abuse

Ada latest punya tak, Sslee ? 🙂

Posted by Sslee > 2024-08-23 17:12 | Report Abuse

PAA is a private company and I would not think can access to PAA latest quarterly result.

Posted by abidinaa > 2 months ago | Report Abuse

Warren Buffer-I buy fantastic stock at a fair price rather than fair stock at a fantastic price. Well AAX is a fantastic stock and the price is very fair now. It will only fly higher and further. Why?
1. Batik reduce flight numbers
2. My-Airline went kapoot.
3. Airbus A321 Neos
4. Ringgit is strengthening
5. Fuel cost decreasing
5. Airfares are increasing
6. The best Airline in the world for 18 consecutive years.

Posted by Sslee > 2 months ago | Report Abuse

"Investors have poured money into a bottomless pit, attracted by growth when they should have been repelled by it.” - Warren Buffett

In 2016, Warren Buffett started buying a chunk of nearly the entire U.S. industry, eventually paying $7 billion to $8 billion to buy roughly 10% of American Airlines Group, United Airlines Holdings, Delta Air Lines, and Southwest Airlines. By 2019, he had a small profit. Then COVID-19 struck, and he immediately pulled out, calling his investments “an understandable mistake.” A year later, the stocks had taken off, with United and American more than doubling between May 1, 2020, and May 1, 2021. Such is life with airline stocks. They’re suitable only for short-term market timers, and no one—not even Warren Buffett—can time the market, knowing precisely when to jump in and out.

Benjamin Graham, was right from the start. He wrote in 1949 that it’s obvious that the airline industry will take off, but that doesn’t make airline stocks good investments

Posted by NorAfan > 2 months ago | Report Abuse

Keputusn q2 dah keluar ... amat buruk berbanding dgn suku lepas

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

where are all the sinkarlang claim that air travel increased?
this type of QR results only reserved for 10 sen share penny stock

other 99% airlines in world doing well with Ryanair Yield Control Curve.
Malaysia Airlines still getting RM Billions profits with Ryanair Yield Control Curve.

Posted by raymondroy > 2 months ago | Report Abuse

looks like som eppl here dont like air travel :-) LOL.... anyway there si always boat for them.... wonder why trading volume so low today?

Posted by abidinaa > 2 months ago | Report Abuse

MAS airlines complete flight cancellation. Declare profit billions but reduce flight numbers. Antonio Locked omitted MRO just to show off higher profit. Another MH371 disaster in the making. So much with debt free airlines. The engineers all runaway to Capital A ADE.

Posted by paulthesotong > 2 months ago | Report Abuse

Everyone can travel...
https://theedgemalaysia.com/node/725348

Posted by Apple4Oranges > 2 months ago | Report Abuse

So many foreigners come to Malaysia to travel recently

Posted by Vista99 > 2 months ago | Report Abuse

AirAsia wins top low-cost airline and cabin crew awards at 2024 World Travel Awards

https://www.thestar.com.my/business/business-news/2024/09/04/airasia-wins-top-low-cost-airline-and-cabin-crew-awards-at-2024-world-travel-awards

Posted by Chellons > 2 months ago | Report Abuse

Restoring back to 1.6 gogogo.

Posted by NorAfan > 2 months ago | Report Abuse

nampaknya AAX akan picah 1.50 hari ni

Posted by Kikilala3188 > 2 months ago | Report Abuse

In 3 weeks time, once EGM approves, can AAX reach RM 1.90-1.95?

Posted by Vista99 > 2 months ago | Report Abuse

AAX likely to cross RM2 I think 😎

Posted by Invest123 > 2 months ago | Report Abuse

This time is real?

Posted by Invest123 > 2 months ago | Report Abuse

Had been down for more than 3 months.

Posted by EngineeringProfit > 2 months ago | Report Abuse

Rested too looooooong. Kaki susah numb- got power?

Posted by Invest123 > 2 months ago | Report Abuse

Selling pressure getting stronger

Posted by Kikilala3188 > 2 months ago | Report Abuse

Time to leap? Let’s brew

Posted by abidinaa > 2 months ago | Report Abuse

Oledi tol u so. AAX will slowly and steadily but surely cross RM2. The question is , is it soon or sooner? Keching! Keching! My coffer is almost full this year. Not bad for sucker bilis. I am gonna be lifetime AAX high flyer. Thanks to SotSot Lancw and Pariah de Ibelis for pressing the price down last month.

Posted by abidinaa > 2 months ago | Report Abuse

Can yoll do it one more time please. Thanks in advance. I hope you can still have a fun $ex. Try spare some time to prevent WWIII. It is good for all humanity.

Posted by Income > 2 months ago | Report Abuse

abidinaa
Can yoll do it one more time please. Thanks in advance. I hope you can still have a fun $ex. Try spare some time to prevent WWIII. It is good for all humanity.
21/09/2024 2:53 PM

？

Aduhai! What spare more time for more $ ex? Ham sap?

Posted by Income > 2 months ago | Report Abuse

EngineeringProfit
Rested too looooooong. Kaki susah numb- got power?
19/09/2024 3:16 PM

？

U，also buy AAX?
Maybe U like air stewardess?

Posted by EngineeringProfit > 2 months ago | Report Abuse

Back in position - AirAsia my favourite

Posted by abidinaa > 1 month ago | Report Abuse

Pee Weet! " I'm Back In The Saddle Again". Yee Haaaa.

Posted by abidinaa > 1 month ago | Report Abuse

RM 1.650 oledi. Up by 29% in less than a month

Posted by Sslee > 1 month ago | Report Abuse

Repost;
Where will all capA total negative equity go to if not AAX?

Chief executive officer Tan Sri Tony Fernandes said the pro forma effects of the proposed disposal based on the financial statement as of Dec 31, 2023, as included in the circular to shareholders dated Sept 20, 2024, shows that Capital A shareholders’ equity will turn to positive of RM649 million from a negative of RM8.8 billion.

Posted by Sslee > 1 month ago | Report Abuse

Will AAX after acquisition of AAAGL and AAB suffered the same fate again of debts restructure, capital reduction and 10 to 1 share consolidation?

Posted by abidinaa > 1 month ago | Report Abuse

Repost:
Warren Buffer-I buy fantastic stock at a fair price rather than fair stock at a fantastic price. Well AAX is a fantastic stock and the price is very fair now. It will only fly higher and further. Why?
1. MAS reduce flight until Dec 2024
2. My-Airline went kapoot.
3. Airbus A321 Neos
4. Ringgit is strengthening
5. Fuel cost decreasing
5. Airfares are increasing
6. The best Airline in the world for 18 consecutive years.

Lucky wa folo Warren Buffet. Pee Weet!

Posted by abidinaa > 1 month ago | Report Abuse

Tomolo can add some more for pocket money

Posted by Kikilala3188 > 1 month ago | Report Abuse

Good rally coming up, with year end and 2025 festive booking: can rack in handsome profit and turn the table

Posted by Kikilala3188 > 1 month ago | Report Abuse

Maybank TP: 2.71

Seems like strong tailwinds ahead for AAX

Posted by TradingFUN > 1 month ago | Report Abuse

@SSLEE don't keep on reposting.

Use the formula below , study the restructuring exercise within AAX and Cap A.
You will find the question to your negative comments above.

The shareholder equity will strengthen for both AAX and CapA.
If you couldn't unferstand what I mean , you lack of financial and financial analyticak knowledge.

Is not an obligation of management and BOD to answer your question. They provided the info and you need to digest yourself and make your own investment decision.

Posted by TradingFUN > 1 month ago | Report Abuse

Shareholders' Equity = Total Assets – Total Liabilities

Posted by TradingFUN > 1 month ago | Report Abuse

From all the questions you posted and reposting , I can see that you lack of accounting and financial analytical knowledge.

Posted by TradingFUN > 1 month ago | Report Abuse

@abidinaa the strengthening of RM against US Dollar will strengthen both CapA and AAX shareholder equity through translation gain.

Both AAX and CapA Q3 and Q4 performance expected to be excellent.

Posted by TradingFUN > 1 month ago | Report Abuse

AAX and CapA significantly under value

CapA under value due to PN17 status. Once see light at the end of the tunnel , IB will revise and upgrade the TP.
AAX with all the aviation business under one roof will benefit from the positive sentiment in aviation businesses.
6 months from now , the value will be unlock. Stock price will up significantly bearing any unforsee circumstances.

Posted by Sslee > 1 month ago | Report Abuse

When capital recalibrate AAV from associate to subsidiary and bought over PAA the non current assets is boost up by goodwill on consolidation.

So when AAX bought over AAAGL and AAB with negative Shareholders' Equity = Total Assets – Total Liabilities of negative RM 8.8 billion

AAX non current assets can be boost up with more than 8.8 billion in goodwill and thus AAX equity will be positive.

The problem is after one year AAX need to impair how many hundrends million on goodwill and can AAX not default on payment obligation of multi billion current liabilities?


Note: capA last financial year impaired goodwill of RM 161 million.

Posted by Sslee > 1 month ago | Report Abuse

Only in Malaysia a PN17 company with
Shareholders' Equity = Total Assets – Total Liabilities of negative RM 8.8 billion and had to roll over its current lease liabilities, borrowing and working capital with innovative revenue bonds so that capA can live another year to fight another day is worth:

CapitalA
Market Cap: 3,962 Million
NOSH: 4,307 Million
Avg Volume (4 weeks): 11,921,715
4 Weeks Range: 0.72 - 0.93
52 Weeks Range: 0.64 - 1.02

Two leading private credit funds, Ares Management Corp and Indies Capital Partners, will provide $200 million of the funding, which will be strategically utilised to reactivate aircraft that were grounded during the pandemic. The remaining $243 million tranche, subscribed by sting aircraft lessors will be used to refinance existing lease liabilities, further strengthening its balance sheet.

Posted by Sslee > 1 month ago | Report Abuse

By the way AAX still need another 1 billion of PP cash call to further strengthening its balance sheet.

Posted by Sslee > 1 month ago | Report Abuse

As at 30/6/2024
CapitalA
RM'000
Non current assets 26,053,575
Current assets 2,319,481
Non current liabilities 23,819,165
Current liabilities 15,798,326
Net current liabilities (13,478,846)
Total equity (11,244,436)
NTA RM (2.12)

What will be the total equity if you take out the Intangible assets/goodwill and Deferred tax assets?

Note:
Current lease liabilities 5,510,697
Current trade and other payables 4,725,450
Non current assets
Intangible assets/goodwill 4,484,509
Deferred tax assets 1,387,458

Posted by Sslee > 1 month ago | Report Abuse

By the way
Total equity = Shareholders' Equity + Non-controlling interests = Total Assets – Total Liabilities

TradingFUN Shareholders' Equity = Total Assets – Total Liabilities
23/09/2024 11:08 PM