Balian de Ibelin

Huangbk722
MikeCheatYouCrazy, a known crazy, is an extreme psychotic guy.
He changes identity but uses exact same sentences to provide proof of identity.
its like a death wish to be caught lying. 😁
Confirmed mum issues when young, not enough milk.

More than 3 years ago, I already said mum threw him away and dropped his head on longkang.
Bangla raised him and perverted him daily, multiple times.

5 days ago

paulthesotong

no biz like tourists biz..

5 days ago

paulthesotong

https://www.freemalaysiatoday.com/category/nation/2024/08/26/mavcom-sees-14-3-increase-in-air-passenger-traffic/

5 days ago

Sslee

For all we know, most likely all the cafe supervisor/macai abusive posting also can be from MikeCheatYouCrazy, a known crazy and an extreme psychotic guy.

Posted by Huangbk722 > Aug 26, 2024 3:43 PM | Report Abuse

Why miketikus use different id, language also becomes abusive? Evolve or revolve

5 days ago

Johnchew5

Hoho oredi proven in YTLpower forum , there r 2 groups of abusive id :

1.) Promoter group
2.) Konartist sslleee n KonHuang bok kai ..

—

Posted by Sslee > 31 minutes ago | Report Abuse

For all we know, most likely all the cafe supervisor/macai abusive posting also can be from MikeCheatYouCrazy, a known crazy and an extreme psychotic guy.

Posted by Huangbk722 > Aug 26, 2024 3:43 PM | Report Abuse

Why miketikus use different id, language also becomes abusive? Evolve or revolve

5 days ago

Mabel

Yes Lah...There is no business like Tourist Business. The Malaysian Aviation Commission (Mavcom) has reported a steady increase in air passenger traffic across both domestic and international sectors.

Air passenger traffic statistics released today showed that passenger numbers were up 14.3% year-on-year and up 7.7% month-on-month. For the first seven months of 2024, the cumulative air passenger traffic reached 55.4 million passengers, in line with Mavcom’s forecast of 93.9 to 107.1 million passengers for the entire year.

All Mabel Airlines Team continue to climbs today ..

Captain Mabel Meow

5 days ago

human

Tourism and business around SEA, CHINA are booming compare with EU and USA.
Capital A is a SEA based one stop tourism company with air line business necessary to be part of the ecosystem.

Airbus and Boeing are still having supply chain issue in fulfilling their order, this is not an issue that can be solve in short term.
https://investors.boeing.com/investors/news/press-release-details/2024/Boeing-Forecasts-Demand-for-Nearly-44000-New-Airplanes-Through-2043-as-Air-Travel-Surpasses-Pre-Pandemic-Levels/default.aspx
https://www.businesstimes.com.sg/companies-markets/transport-logistics/airbus-cuts-guidance-supply-chain-snags-continue-bite
https://skift.com/2024/06/25/airbus-will-deliver-fewer-new-planes-this-year/
Thus airline with existing plane or grounded plane that can be refurbish to continue fly safely will take the sales from those airline that are still waiting for new airplane.
Capital A has both new plane order waiting to be deliver and grounded plane that can refurbish to be back to service. Capital A airline business has advantages over other airline, while the Capital A tourism ecosystem is growing with the booming of SEA and China tourism and business.

3 weeks ago

paulthesotong

U really talk like human after all not like S talk like a ghost.

4 days ago

Sslee

Human have emotion and when come to stock they hold Confirmation bias

Confirmation bias is a term in cognitive psychology that describes how people naturally favor information that confirms their existing beliefs.

Example:
Posted by paulthesotong > Aug 22, 2024 3:37 PM | Report Abuse
money for nothing..
https://theedgemalaysia.com/node/723812

Is that really free maney or money for noting?

The so called free money or money for nothing is life saving money to roll over the current lease liabilities and payables from current to non-current bonds/debts to enable capA to survive for another year and lives to fight another day

This is the word of auditor and not mine
We have assessed the reasonableness of the cash flow projection provided by the management (Note 2.1). The going concern of the Group is dependent on the following:
1. Successful implementation of a Revenue Bond program; and
2. Continuous support from Group's lessors

4 days ago

human

I deal with auditor for the past 20 years due to work.
Auditor is a reference for statutory compliance not business. Most of them they have no clues whether a business can turnaround , loss monies or made profit the next year.

Take text out of context from auditor for confirmation bias is very unwise.

Please read more to understand the current global travel trend and airline business to better grab what is going on with business world.
Read from industry leaders like Boeing and Airbus comments on airplane matters, skift business intelligence on travel news.

4 days ago

human

The travel demand for SEA and China is hot and keep growing.
Capital A restructuring is timely, the new structure of leaner assets with focus on one stop travel and logistics solution provider will benefit from this travel boom of multiple years.

4 days ago

Sslee

When a company in PN17, it is company management responsibility to prepare a cashflow projection for the coming year to address the going concern per statutory compliance otherwise the external auditor will dare not sign off the financial account for the year.

So are you now disputing the external auditor on:
We have assessed the reasonableness of the cash flow projection provided by the management (Note 2.1)?

Or on capA management on
The going concern of the Group is dependent on the following:
1. Successful implementation of a Revenue Bond program; and
2. Continuous support from Group's lessors??

4 days ago

human

Now sslee talking sense "statutory compliance".
Auditor is a reference for statutory compliance not business.

4 days ago

human

Want to made senses of whether the business going go bad or turnaround then understand what Capital A restructuring will mean if complete and how the structure will benefit from travel demand boom.

4 days ago

Balian de Ibelin

Air travel will stop soon.
Dump all airlines shares. There is no tomorrow for airlines.
Global warming will make air travel impossible.
I was shocked deaths had started way ahead of schedule instead of in 2030s
https://edition.cnn.com/2024/05/21/world/singapore-airlines-turbulence-bangkok/index.html
https://www.thejakartapost.com/world/2024/08/13/eva-air-flight-from-jakarta-hits-strong-turbulence-six-injured.html

The data was actually there.
the 1.5 threshold will be breached ahead of schedule.

https://news.un.org/en/story/2022/05/1117842

4 days ago

Balian de Ibelin

Warren Buffett was smart to dump all his airlines shares before all air travel is stopped.

2 weeks ago

Balian de Ibelin

in the meantime while air travel is still allowed.
Buy a coffin first before you buy a plane ticket. 😁

4 days ago

AnthonyAng666

Buy life insurance before you buy a coffin 😂

4 days ago

Mabel

https://www.thestar.com.my/business/business-news/2024/08/27/fernandes-hopes-to-hit---------the-sweet-spot-with-mas

SEPANG: Capital A Bhd is open to collaborating with Malaysia Airlines (MAS) to provide in-flight meals via its food and beverage catering subsidiary Santan Food Sdn Bhd.

------
Time to take some nice vacation after a great wins lately. Since we are travelling next week, tonight Mabel complete her booking to travel to travel to some nice beaches some where in...Time for Mabel to try her new swimming suits..

Managed to order few add on to make our travel experience a pleasant one including some delicious creation of Mabel Oil specially prepared by Chef Simone, Klara, Iona and Una from Mabel Sime Darby Guthrie, KLK, IOICorps and United Plantation. Our Santan, the in-flight catering and food offers a delightful range of menu items. Here are some highlights:

Pak Nasser’s Nasi Lemak: A classic rice dish with coconut milk, sambal, fried anchovies, crunchy groundnuts, and half a hard-boiled egg.

Nasi Padang Beef Rendang: Flavourful beef rendang served with rice.

Nyonya Curry Laksa: A rich and aromatic noodle soup with coconut-based curry.

Fried Chicken with Nam Prik: Crispy fried chicken paired with nam prik (a Thai chili dipping sauce).

Chicken Satay with Peanut Sauce: Skewered chicken satay served with a delicious peanut sauce.

Additionally, Santan has introduced ‘Club Zero,’ promoting healthier options with reduced sugar content. This initiative includes collaborations with local brands like Secret Recipe and Tealive, setting new standards for low-sugar food and beverages across AirAsia flights..

Thank you Tony

Yum Yum…

4 days ago

Johnchew5

Hoho Koni3lurkker aka Balia ,how is yr promoting SCIB , can made 600 % Profit in 12 months ( by early 2025 ) ?

Why don’t know the SCIB Major ( more than 20 % ) is on Force Sell .

Started learning to woooff ke .as u posted 🤣🤔

4 days ago

Johnchew5

Hoho sooner yr promoting partner in SCIB will start to learning the sounds from u ke .🤣

4 days ago

Johnchew5

Hoho TinKosongLee boyy , go somewhere else to learn the sounds , be a good boyy .👍👏

4 days ago

Johnchew5

https://www.chinapress.com.my/?p=4077809

3 days ago

Johnchew5

今年起大批员工离职 陆兆福: 马航零件出问题 也缺专业技术员
文文文
time
19分钟前

3 days ago

paulthesotong

Pain in Malaysia Airlines, Gain in Airasia?

https://focusmalaysia.my/caam-cuts-malaysia-airlines-aoc-validity-due-to-ongoing-flight-issues/

3 days ago

Mabel

Yes Paul...

Cum to AirAsia...

PUTRAJAYA: A shortage of aircraft engineers and mechanical components has led to recent flight disruptions at Malaysia Airlines Bhd (MAB), said Transport Minister Anthony Loke.

An audit by the Civil Aviation Authority of Malaysia (CAAM) revealed that 63 of 411 qualified MAB Engineering Services staff have left since January.

"CAAM found that these resignations may be due to more attractive salary offers from other maintenance companies," Loke said at a press conference today.

He said the findings were based on a surprise investigation conducted by CAAM at Malaysia Airlines and MAB Engineering Services from June 24 to June 28.

https://www.nst.com.my/news/nation/2024/08/1097823/malaysia-airlines-hit-staff-resignations-causing-flight-disruptions

3 days ago

Mabel

AirAsia MOVE, your all in one travel app..

Explore the world and go all the way! Book flights, hotels, and plan your trips easily. Get affordable airport transfers, travel insurance, and more! Make AirAsia MOVE your favorite travel companion now!

Thank you Tony!

3 days ago

nich0las

kanasai的公司，亏5个亿。明天卖卖卖！

2 days ago

Sslee

SEPANG, 29 August 2024 – Capital A Berhad (“Capital A” or the “Group”) today reported its unaudited financial results for the quarter ended 30 June 2024 (“2Q2024”).

The Group, consisting of Aviation Group and Capital A Companies - Capital A Aviation Services, Teleport, MOVE Digital and Capital A International, posted second quarter revenue of RM4.9 billion and EBITDA of RM735 million, representing Year-on-Year (“YoY”) increase of 54% and 59%, respectively. The result is achieved despite ongoing fleet reactivation efforts with 22 aircraft remaining grounded. Capital A’s non-aviation companies showcased promising progress, achieving over RM1.3 billion in Year-to-Date (“YTD”) revenue, surpassing YTD revenue in FY2023.

Collectively, the Group achieved Net Operating Profit of RM52 million but a Net Loss of RM542.5 million, primarily due to RM403.9 million in unrealised foreign exchange losses and over RM175 million in finance and depreciation cost relating to non-operating aircraft costs. However, the Group’s YTD net cash from operations doubled YoY to RM2.1 billion.

2 days ago

Sslee

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?

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)

2 days ago

ken2004

so tomolo bloodbath for capital a..........

2 days ago

ken2004

can challenge 0.64 lowest of the year price........

2 days ago

SinGor

I saw Tony when his troop was promoting SANTAN to MAS----He look so Old compare 2 years ago

2 days ago

Balian de Ibelin

Kena whacked by Malaysia Airlines Ryanair Yield Control Curve implemented since 2019.

The only solution is to FORCE Malays.ia Airlines to adopt back fixed pricing yield curve of pre-2019.
or Malaysia Airlines pays CapA RM20 Billion and CapA takes over Malaysia Airlines.
Any other method is doomed.

CapA punya Reverse Ryanair Yield Control Curve will burn the Malaysia Airlines RM20 Billion in less than 5 years though.

2 days ago

ken2004

The different between MAS and Capital A is MAS is back by gov but Capital A is self funded, actually respect this Tony, can still survive till now..........

2 days ago

Sslee

CapA and Stony is in survival mode that the fact and reality. The recent appreciation of Ringgit against USD help but is it too litter too late?

CapA need recapitalize and lessors need to take a hair cut. 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.

2 days ago

Mabel

OK Lah...Mabel will try to sell today at 80 sen...

Let see if any Uncles and Aunties wang to buy...

Meow

2 days ago

Balian de Ibelin

Capitulation => Mabel sell means it is a buy call. 😁

2 days ago

Mabel

Haha still waiting to collect more at 64 sen..

Let see if Uncle and Aunties Shorties can help..hihihi

To Our Success !

Meow

2 days ago

Jojobama

1 quarter half a billion of losses. 1H2024 already 0.8 billion of cumulative losses. might as well close shop.

1 day ago

Mabel

With a much stronger SGD, Mabel Airlines SIA is generous to reward the shareholders with Merdeka Angpow. Singapore Airlines Limited announced that at its AGM held on 29 July 2024 approved a final dividend of 38 cents per ordinary share for the year ended March 31, 2024 while Capital A Berhad reported its unaudited financial results for the quarter ended 30 June 2024 (“2Q2024”), a Net Loss primarily due to unrealized foreign exchange losses due to our earlier weak RM.

The Group, consisting of Aviation Group and Capital A Companies - Capital A Aviation Services, Teleport, MOVE Digital and Capital A International, posted second quarter revenue of RM4.9 billion and EBITDA of RM735 million, representing Year-on-Year (“YoY”) increase of 54% and 59%, respectively. The result is achieved despite ongoing fleet reactivation efforts with 22 aircraft remaining grounded. Capital A’s non-aviation companies showcased promising progress, achieving over RM1.3 billion in Year-to-Date (“YTD”) revenue, surpassing YTD revenue in FY2023.

The Group’s YTD net cash from operations doubled YoY to RM2.1 billion.

https://newsroom.airasia.com/news/capital-a-financial-results-second-quarter-2024#gsc.tab=0

The AirAsia Aviation Group intends to launch 23 new routes across its five units in Southeast Asia by end-September, a significant expansion that comes amid an improvement in earnings.

The low-cost airline group, which is in the process of being divested from parent Capital A, also expects passenger traffic recovery for the July-September period to be around 89% pre-pandemic levels, with growth led by Mainland China and India.

Still on target to get out of PN17 in 2025...

Meow

1 day ago

Mabel

Meanwhile Mabel Airlines AirAsia X (AAX) has been awarded the title of Best International Airline Flying to Australia at the Australian Aviation Awards 2024.

The ceremony in Sydney recognized AAX’s dedication to excellence and innovation within the aviation industry. The Australian Aviation Awards, now in their third year, celebrates the crème de la crème of the aviation industry.

The awards celebrate those shaping the future of flying through a rigorous judging process that evaluates growth, business development, diversity, leadership, innovation, and contributions to Australia’s aviation landscape.

Syabas Malaysia!!!
https://www.msn.com/en-my/lifestyle/travel/airasia-x-soars-to-new-heights-crowned-best-international-airline-at-the-australian-aviation-awards-2024/ar-AA1pHZxH?ocid=nl_article_link

19 hours ago

Mabel

Maintain BUY call and MYR1.00 SOP-TP

2Q24/6M24 results came in marginally below our expectations as fewer than-expected aircraft were returned to service. That said, there are very positive tailwinds in easing jet fuel prices and the recovering MYR.

Moreover, the return to service of its entire fleet is a matter of ‘when’ and not ‘if’ to us. Thus, our earnings estimates, BUY call and MYR1.00 SOP-TP are maintained for now. CAPITALA expects to dispose its shareholding in its 5 airlines to AAX in 4Q24 and lift its PN17 classification in 1Q25/2Q

Results analysis

2Q24 EBITDA recovered 103% YoY largely due to:-
(i) passengers carried recovering 41% YoY; and
(ii) unit passenger revenue growing 15% YoY.

2Q24 EBITDA was down 29% QoQ largely due to unit passenger revenue seasonally easing 9% QoQ.

6M24 EBITDA recovered 213% YoY largely due to:-
(i) passengers carried recovering 67% YoY; and
(ii) unit passenger revenue growing 14% YoY.

Value Proposition
1. Asia’s leading low cost carrier with highest market share, largest fleet size and most extensive route network.

2. Operates in 5 countries after exiting Japan and India, which provides unrivalled route network reach.

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

4. Growing middle class in Asia fueling growth in demand for
air travel.

5. Won the coveted ‘World’s Best LCC’ award for a record 15 times in a row by Skytrax.

Financial Metrics
1. Best financial indicator is core net profit ex-disposal gains, forex and fair value changes, and deferred taxation.
2. Forecast FY24E to return to core net profit on more passengers and higher fares.
3. Forecast FY25E core net profit to grow further on more passengers as all aircraft would have returned to service.
4. Sensitive to fuel price movement, a USD1 per barrel change in fuel price will move earnings by MYR40m-MYR50m.
5. Balance sheet as at end-2Q24 in a net debt position of MYR4.38b if ex-finance lease liabilities.

Capital Mabel Meow

4 hours ago

Mabel

Share Price MYR 0.765
12m Price Target MYR 1.00 (+27%)
Previous Price Target MYR 1.00

Source : Mabel's Tiger Bank

Meow

4 hours ago

Mabel

https://mkefactsettd.maybank-ke.com/PDFS/402984.pdf

Meow

4 hours ago

Sslee

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.

3 hours ago

Sslee

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

Just a question if above is truthful then why capA need to dispose its aviation to AAX?

2 hours ago

Sslee

5. Balance sheet as at end-2Q24 in a net debt position of MYR4.38b if ex-finance lease liabilities.
Capital Mabel Meow

Why then pay lessors
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.

2 hours ago

Mabel

While Mabel Airlines Capital A are making progress, Malaysia Airlines is currently facing significant challenges that have put it at a pivotal crossroads. The airline, once a top global carrier, is dealing with a crisis of confidence due to several operational issues. These include a shortage of skilled workers for aircraft maintenance and a lack of necessary parts.

Recently, the validity of Malaysia Airlines’ air operator certificate (AOC) was shortened to just one year, further impacting its reputation. The responsibility now lies with Khazanah, the airline’s major shareholder, and the board of directors to address these issues and steer the airline back on track.

https://www.thestar.com.my/business/business-news/2024/08/31/malaysia-airlines-at-pivotal-crossroads?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240901&__sta=vhg.uosvpxQddhqnejsu0sv%7CIFFHTVQ&__stm_medium=email&__stm_source=smartech

1 hour ago

Mabel

#Sslee 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.
01/09/2024 8:05 AM

Good Morning Handsome sslee,

Let Mabel try to answer on behalf of Tiger. Stand to be corrected...

Lowest Unit Cost Airline: CapA (Capital A Berhad) is recognized for its low unit costs, which is a significant competitive advantage. The management’s ambition, cost-consciousness, and forward-thinking strategies have contributed to maintaining these low costs.

Lease Payments and Unit Costs: Despite its low unit costs, CapA’s substantial lease payments to lessors could potentially increase its overall unit costs. The company paid RM 176.91 million for non-operating aircraft in Q2 20242. This indicates a significant financial burden, especially when these aircraft are not generating revenue.

Cash Flow and Lease Liabilities: CapA’s year-to-date (YTD) net cash from operations doubled year-over-year (YoY) to RM 2.1 billion. However, the company also has substantial lease liabilities, with repayments amounting to RM 1.79 billion. This raises concerns about whether CapA can generate enough cash flow to cover these liabilities.

Financial Health Indicators:

Net Current Liabilities: RM 13.48 billion
Total Equity: RM 11.24 billion
Net Tangible Assets (NTA): RM -2.12 per share
Current Lease Liabilities: RM 5.51 billion
These figures highlight a challenging financial position, with significant liabilities and negative NTA.

Revenue Bond: The issuance of a revenue bond has provided CapA with much-needed liquidity, allowing it to manage its lease liabilities and continue operations. This move is crucial for the company’s short-term survival and long-term strategic planning.

Conclusion
While CapA’s management has successfully maintained low unit costs and ambitious growth strategies, the substantial lease payments and high liabilities pose significant challenges. The company’s ability to generate sufficient cash flow to cover these liabilities will be critical. The revenue bond offers a temporary reprieve, but sustainable financial health will require continued operational efficiency and strategic financial management.

Now you know why Mabel thinks Tony is a Magician. Remember, the different between MAS and Capital A is MAS is backed by gov but Capital A is self funded. Now you know why Mabel salute Tony, Air Asia can still survive till now..........

Cheers!

Meow

1 hour ago