CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.745

Today's Change

+0.045 (6.43%)

Day's Change

0.685 - 0.775

Trading Volume

48,577,100

Financial

Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
124 people like this. Showing 50 of 166,631 comments

Mabel

Touche Bro...

This is a stark difference between Engineers & Accountants...Engineers are linear in thinking.... accountants hv lateral thinking...that's why you see Tony is a magician.. make tons of money not from internal fund.

16 hours ago

kyzertai

Ya, this idea are really magic as believe it lift up price indirectly from new share

16 hours ago

Sslee

AAX will swap their shares in AAX with shares of the NewCo — Airasia Group Sdn Bhd — on a one-to-one basis.

The NewCo will then acquire Capital A's aviation business — AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) — for RM6.8 billion. It will be issuing new shares worth RM3 billion in the NewCo to acquire AAAGL, while it will acquire AAB for RM3.8 billion, to be satisfied by assuming RM3.8 billion of the RM3.83 billion worth of debt that Capital A owes AAB.

My opinion:
Engineer work according to the law of physics and chemistry to create many wonders of the word.

Accountant can be very creative like magician giving the illusion of create money out of thin air.

But remember money do not fall from the sky. And according to our legal law if AAX/newco default on any debts transfer from capA then i'm afraid Stony and the whole BOD most likely will end up in jail for below offences:

The Companies Act 2016 (“CA 2016”) codifies a general duty on directors’ conduct of trading in a company close to the point of insolvency and any potential liabilities on that account. In broad terms, ‘insolvent trading’ may also be referred to as ‘wrongful trading’ and ‘fraudulent trading’.

Wrongful Trading
In the CA 2016, an offence of wrongful trading is captured in section 539(3) that:

“…an officer of the company who knowingly was a party to the contracting of a debt had, at the time the debt was contracted, no reasonable or probable ground of expectation, after taking into consideration the other liabilities, if any, of the company at the time, of the company being able to pay the debt, commits an offence…”

Fraudulent Trading
Whereas section 540(1) of the CA 2016 stipulates an offence of fraudulent trading as below:

“If it appears…that any business of the company has been carried on with intent to defraud the creditors of the company or creditors of any other person or for any fraudulent purpose, the Court may declare that any person who was knowingly a party to the carrying on of the business in that manner shall be personally responsible…”

If an offence under section 539(3) has been made out, offenders may be punishable with a maximum imprisonment of 5 years or a maximum fine of RM500,000, or both. Reading together with section 540 of the CA 2016, it is added that the offender may even bear personal liabilities for the payment of the whole or any part of the company’s debt without any limitation of liability upon a court’s declaration

8 hours ago

paulthesotong

Is this the biggest deal of the last decade?

8 hours ago

Nepo

Sure Capital A can go out from PN 17, but what does her wallet left..sell all the profitable asset just to get out from PN17..
Let see the share performance..let the expert to earn this money..

look like till now no one here can give the details explanation to the impact to the share price of Capital A and AAX..

7 hours ago

FlyingElephant

who is the winner? cap A or aax? very confusinng the proposal.

7 hours ago

Noni

FlyingElephant, CapA is the winner, out from PN17 and resume new business.

7 hours ago

Nepo

8.36am, TO price = RM 0.71 up 0.01

7 hours ago

Nepo

Capital A if today can't up, then sure die lah, because no proft generating assets..short haul profitable avaiation biz offset with loss making long haul bix, NewCo not good

7 hours ago

Mar2083

Look like may up trend today

7 hours ago

human

The proposal cannot be interpret using accounting practices. This is corporate restructuring.
New entity AAG is created to replace AAX listing status.
AAG then group AAX(long haul), AAB(malaysia business), AAAGL(Asean exclude malaysia business) businesses into AAG control.
AAG will raise 1bil working capital from new investor.
So end results are
AAG become AA passenger airlines owner with new 1b fund to start new journey.
Capital A disposes passenger airlines business and the liabilities while still give existing shareholders assess to AAG through bonus shares. Capital A then focus on plane maintenance, digital travel platform, fintech, plane cargo logistics , etc business with a leaner liabilities.

7 hours ago

Nepo

8.47am TO price still at 0.71
....All eyes on Capital A and AAX today..
Definately turbulance today, fasten your seat belt..

7 hours ago

Sslee

A new 1 billion fund injection will not be enough for working capital and debts servicing.
Know what is the debt alone with AA Philippine park under AAAGL?

AAG become AA passenger airlines owner with new 1b fund to start new journey.

The NewCo will then acquire Capital A's aviation business — AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) — for RM6.8 billion. It will be issuing new shares worth RM3 billion in the NewCo to acquire AAAGL, while it will acquire AAB for RM3.8 billion, to be satisfied by assuming RM3.8 billion of the RM3.83 billion worth of debt that Capital A owes AAB.

7 hours ago

Realrich

Look like is bad news aax drop like hell and capital a open not good also

6 hours ago

witan

LU??? More like Limit Down

6 hours ago

witan

This deal is macam left pocket to right pocket. The only one who will be benefited from this exercise is Tan Sri and his gang

6 hours ago

Realrich

Should buy or sale let me know. I really don't know how

6 hours ago

i3gambler

I do not know whether CapA will go up or down.
But I am pretty sure it is very unlikely that CapA-LA will become default,
So I rush in to buy CapA-LA at 0.78.
As long as it is not going to be default, then my return will be 6.87% p.a.

6 hours ago

jenabchen123

The gems are with Capital A. Their Bigpay ewallet with Ali pay involvement as well as airline catering unit surely propping up Capital A. Lean and without too much flying the aircrafts and instable aircraft fuel exposure.

6 hours ago

limch

LU some comment why cannot see?

6 hours ago

Realrich

I think I buy aax and capitala both side up. So I don't miss the boat

6 hours ago

human

Accounting and business understanding of working capital is difference.
A reorganization need new fund to run a company for certain period to generate cash to first service the interest before looking at profit,
Bankers do not expect business to clear all debts if not how they make money?
Bank that does not hold debt cannot earn profit from interest servicing.
Ideal case for bankers is that a company is under debt with constant repayment of interest that run a business that has demand and sustainable.
budget passenger flight is always on demand.

6 hours ago

Realrich

Buy aax and capitala now go go fly to the moon both counter sure up at least one

6 hours ago

Realrich

Go go LU target price RM1

6 hours ago

kyzertai

The new share will rm1.30 then I wonder why shall we sell below 1.30 ?

6 hours ago

Nepo

look like market reacted it as NEUTRAL.
Nothing surprise.

Now waiting IB to give its weighting..

6 hours ago

curiousq

People think today is a special day that has been long waiting ..... but it just turn out like any other ordinary day .....

5 hours ago

Realrich

Kyzertai not 1 convert 1 maybe is 10 convert. So the share price is 0.13 if 10 convert 1 so we all don't know yet

4 hours ago

yong1985cm

as per the annuocement, the projected conversion will be every 1000 share u hold in Cap A, u get 397 share in the newly Co (AAG).

3 hours ago

Realrich

Yong if like that 1.3/0.4= around Rm 0.28 per share. Now share price is 0.70 but the offer price is only 0.28. The remain capital a segment value is 0.42

3 hours ago

Realrich

Without airlines business capital a worth how much?

3 hours ago

Nepo

"
According to TA Securities, Capital A would record a gain from remeasurement of RM2.3 billion from the disposal of AAAGL and a disposal gain of RM6.1 billion from the disposal of AAB.

However, the research firm noted that Capital A's management had indicated that it may no longer pursue the listing of its intellectual property segment, the AirAsia branding, on Nasdaq via a special purpose acquisition company (SPAC).

3 hours ago

billdrill

hahaha why would friday be a special day

1 hour ago

Realrich

Buy 0.69 sale 0.735. Thank capital a very fast money earn 4.5k

1 hour ago

Realrich

I sale too fast lol

59 minutes ago

Realrich

Xiaoeh I win a jackpot prize. I buy both capitala and aax both big win

52 minutes ago

Mabel

Haha 70.5 sen oledi.. Hihihi

52 minutes ago

Realrich

Aax and capitala both I win total 14k

50 minutes ago

Junx Leow

Wat story today?

49 minutes ago

Realrich

Kenaga give target price 0.78

48 minutes ago

williamh

It’s 0.77 already

46 minutes ago

Junx Leow

No news? Sure have leaking news come out liao

45 minutes ago

Realrich

Reach target price already lol I sold too early

44 minutes ago

Realrich

Halfday win 14k enough for me already Iol now drop back

42 minutes ago

EngineeringProfit

HUUUUAAAAAAAAAAAT ARRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR...........

39 minutes ago

hhhiii123

Sad for capitala hater haha

27 minutes ago

hhhiii123

Where expert sslee haha

27 minutes ago

Post a Comment