Posted by jjohnchew > 1 month ago | Report Abuse

Hoho by the way can sslee explain why QR ended June of Insas n Jaks is different on Non-controlling interest :

1.) Insas : Shareholders' Equity + Non-controlling interests

2.) Jaks : Shareholders' Equity - Non-controlling interests

—-

Posted by Sslee > 1 hour 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

Posted by Sslee > 1 month ago | Report Abuse

What is Mike-tikus trying to say on total equity of Insas and jaks or capA??????

Posted by jjohnchew > 1 month ago |

Post removed.Why?

Posted by Sslee > 1 month ago | Report Abuse

Is Mike-tikus trying to prove he can't do addition and subtraction?

Is he so dumbass and cannot understsnd:
Total equity = Shareholders' Equity + Non-controlling interests = Total Assets – Total Liabilities

Posted by jjohnchew > 1 month ago |

Post removed.Why?

Posted by Sslee > 1 month ago | Report Abuse

Sslee Jaks as at 30/6/2024
RM'000
Total Assets 2,389,002
Total liabilities 931,250

Shareholders' equity1,528,748
Non-controlling interests (70,996)
TOTAL EQUITY 1,457,752

Posted by jjohnchew > 1 month ago |

Post removed.Why?

Posted by paulthesotong > 1 month ago | Report Abuse

Have u read the circular?{CapA}...quite long 591 pages. U might learn something.

Posted by paulthesotong > 1 month ago | Report Abuse

Await 4 EGM... Into Blue Sky.

Posted by Sslee > 1 month ago | Report Abuse

Jaks shareholders' equity is positive but non-contolling interest is negative
CapA both shareholders' equity and non-contolling interest is negative
Insas both shareholders' equity and non-contolling interest is positive.

Now go and do your addition and subtraction
Total equity = Shareholders' Equity + Non-controlling interests = Total Assets – Total Liabilities

Posted by jjohnchew > 1 month ago |

Post removed.Why?

Posted by jjohnchew > 1 month ago | Report Abuse

and do compared with AAX ...

Posted by abidinaa > 1 month ago | Report Abuse

Thank you Short Peni$ uncles for pressing the price today. Thank you. Thank you. How do guys sleep at night without the pleasure of having good long $ex?

Posted by Income > 1 month ago | Report Abuse

Stock: [AAX]: AIRASIA X BERHAD
Last Price Today's Change
1.60 -0.08 (4.76%)

？

Aduhhai

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

imminent PN17 and bankruptcy then delisting of AAX causing share price to drop 😁

Posted by ken2004 > 1 month ago | Report Abuse

seriously if i look good at this proposal, i will throw capitala and buy AAX instead as the brand is on the airlines.......

Posted by abidinaa > 1 month ago | Report Abuse

Ken2004, fool and his hard earned cash will soon parted. RIP Amigo.

Posted by curiousq > 1 month ago | Report Abuse

after risen too high, technical correction .... quite normal

Posted by Income > 1 month ago | Report Abuse

https://youtube.com/shorts/eTLZBkpHdPo?si=BCCNwWsUsxVhwxOs

Posted by bu4567 > 1 month ago | Report Abuse

Can't see where the benefit for AAX to join with Cap A with such big debt.

Posted by Sslee > 1 month ago | Report Abuse

Stony must be a very sweet talker and can get a sucker billis to pay RM 6.68 billion for AAAGL and AAB and overall pro forma of RM18 billion when the transfer of accumulated losses in the aviation business to AAX

Are BOD of AAX under duress and coercion to pay so much for parts of CapA when Mr.Maket only value the whole of capitalA at RM 3,919 million?

CAPITAL A BERHAD MAIN : Consumer
Last Price Today's Change Day's Range Trading Volume
0.91 +0.025 (2.82%) 0.89 - 0.92 15,726,500
Market Cap: 3,919 Million
NOSH: 4,307 Million

The proposed RM6.68 billion disposal of AirAsia Bhd and AirAsia Aviation Group Ltd to AAX will lead to a pro forma gain of over RM18 billion when the transfer of accumulated losses in the aviation business is included, according to Capital A.

Posted by paulthesotong > 1 month ago | Report Abuse

Brent below 72, weak Usd, higher Asean Currencies,Season travels, increase capacities, packed airports, no shortage of pilots and crews.

Posted by EngineeringProfit > 1 month ago | Report Abuse

Huat ar.....lai....lai....lai....

Fasten safety belt

Posted by Chellons > 1 month ago | Report Abuse

Thank you Aax, its been awhile

Posted by EngineeringProfit > 1 month ago | Report Abuse

Yup.....just got onboard this week....hehe

Posted by Income > 1 month ago | Report Abuse

https://youtube.com/shorts/QJUBpi-zJws?si=5oZ6TWJkSrU6bmYy

Posted by Sslee > 1 month ago | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2024-09-29-story-h470136116-CapitalA_and_AAX_EGM_questions.jsp

CapitalA and AAX EGM questions
Author: Sslee | Publish date: Sun, 29 Sep 2024, 10:20 PM

Posted by TradingFUN > 1 month ago | Report Abuse

@SSLee did you read through the circular to understand how AAX manage the shareholder equity to be positive after post merger ?

Posted by TradingFUN > 1 month ago | Report Abuse

Don't just simply pull number from other stocks to compare and explain the equisition. This means that you not even know what you were doing.
Understand what action was taken by the management and how it strengthen the shareholder equity by using the simple formula above.

Posted by TradingFUN > 1 month ago | Report Abuse

Don't just keep on looking at past number. Stock is about the future. Look at the action taken and how it impact the financial statement in the future.

Posted by TradingFUN > 1 month ago | Report Abuse

Debt and shareholder equity will be taking care of post meger

Posted by TradingFUN > 1 month ago | Report Abuse

@SSLee

Study Cap A financial statement. Look at how operating lease and right of use asset affected by weakening of US Dollar and how much the translation gain will impact the shareholder equity

Posted by TradingFUN > 1 month ago | Report Abuse

If you understand all this. You will understand why Tony F turn more optimistic now.

I have high respect to Tony F. He is a very capable guy that looks further into the future with visions and able to execute it.
Not many management in Bursa has this kind of capability.

Posted by TradingFUN > 1 month ago | Report Abuse

@SSLee

Give you hint. If couldn't figure out. Hopeless already.

Shareholder equity = Total Asset - Total Liability

If only adding asset without adding liability , what will happen to the shareholder equity ?

Look at the circular , you will find the answer.

Posted by Sslee > 1 month ago | Report Abuse

With billions in goodwill, deferred tax and intangible assets in non-current assets.

Posted by TradingFUN > Sep 30, 2024 12:16 AM | Report Abuse
@SSLee did you read through the circular to understand how AAX manage the shareholder equity to be positive after post merger ?

Posted by Sslee > 1 month ago | Report Abuse

7.6.4 Goodwill and impairment risk
“The Proposed Acquisitions are expected to give rise to goodwill to be recognised, the amount of which will depend on the fair value of the Target Companies’ identifiable assets acquired (including any intangible assets identified) and liabilities assumed upon completion of the Proposed Acquisitions.

The identifiable assets and liabilities of the Target Companies will initially be recorded in the New Aviation Group’s books at their provisional fair values as at the acquisition date pending the conclusion of a purchase price allocation exercise in accordance with Malaysian Financial Reporting Standards 3 Business Combinations. Although a preliminary assessment has been conducted, the final outcome of the purchase price allocation exercise cannot be ascertained at this juncture. Any fair value adjustment to the identifiable assets and liabilities arising there from may affect the goodwill and financial position of the New Aviation Group. In addition, any impairment on the carrying amount of the investments in the Target Companies (including any goodwill and intangible assets arising from the Proposed Acquisitions) and amortisation of
any intangible assets identified from the Proposed Acquisitions may affect the financial performance and financial position of the New Aviation Group.

For illustrative purposes, as set out in the pro forma consolidated statement of financial position
of our Group as at 31 December 2023 in Appendix VIII of this Circular, the goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively, based on the assumptions and parameters stated therein.

Posted by mf > 1 month ago | Report Abuse

Israeli army expands strikes on Beirut as attacks on Lebanon kill 105

Posted by Sslee > 1 month ago | Report Abuse

Add in addition 2 questions:
Projection risk
“The AAAGL Purchase Consideration and AAB Purchase Consideration were arrived at after taking into consideration, amongst others, the range of valuation for the entire equity interests in the Target Companies based on the valuation undertaken by Deloitte. In arriving at the valuation of the Target Companies, the Valuer has considered a number of valuation approaches and adopted the DCF method of valuation as the primary method for the valuation of the AOCs, namely AAB, TAA, PAA and IAA using the 5-year financial projections of the said AOCs from 1 January 2024 to 31 December 2028 together with the underlying bases and assumptions.

Question 15: Deloitte, what are the projected: Net cash generated from operating activities, repayment of borrowings, debentures and lease liabilities for each of the 5-year financial projection of the said AOCs from 1 January 2024 to 31 December 2028?

Question 16: BOD since the valuation is based on 5-year financial projection and to eliminate the projection risk should BOD get a 5 years contractual guarantee that capitalA will reimburse AAX on any shortfall to the projection?

Posted by bu4567 > 1 month ago | Report Abuse

The problem with flying, if they know the world is coming to an end soon, they will scramble to fly now

Posted by jjohnchew > 1 month ago |

Post removed.Why?

Posted by BLee > 1 month ago | Report Abuse

“Question 16: BOD…BOD get a 5 years contractual guarantee that capitalA will reimburse AAX on any shortfall to the projection?”

I am confused, is CapA and AAX relationship “Abang Adik or Suami Isteri”? If “Suami Isteri” relationship, there is no problem with giving even a 10 year guarantee…cos sharing the same closet of ‘hidden skeleton’.
Just came back from HK using AA (Move Promotion flight); both in and out landing perfectly except minor turbulence. The jerk during the taxiing at KLIA is worse than the turbulence during flights; hopefully the exit from PN17 is not as bad…Happy Trading and TradeAtYourOwnRisk

Posted by Chellons > 1 month ago | Report Abuse

Take profit with aax, thanks 30% after egm will fly more i believe.

Posted by newbie9893 > 1 month ago | Report Abuse

sell AAX now & buy in Genting...rational play

Posted by joyvest > 1 month ago | Report Abuse

So who is the bigger winner here ?? AAX or Cap A?? Any one??

Posted by joyvest > 1 month ago | Report Abuse

Following AAX is to acquire Cap A , so who is the bigger winner here ?? AAX or Cap A?? Any one??

Posted by bu4567 > 1 month ago | Report Abuse

From price movement now, it s AAX

Posted by bu4567 > 1 month ago | Report Abuse

At the end both are loser because of the huge debt

Posted by joyvest > 1 month ago | Report Abuse

AAX seems to be in the upper hand .Huge debts are inevitable . But whose accumulated losses can be reduced faster and substantially ??

Posted by joyvest > 1 month ago | Report Abuse

If AAX is to acquire Cap A 100% , then Cap A is the subsidiary of AAX ??

Posted by abcb > 1 month ago | Report Abuse

Limit up 2.45