CAPITALA (5099): Financials Summary, Key Results, Growth

Even Public join in FLYHigh 1.57!

https://www.freemalaysiatoday.com/category/business/2024/10/24/capital-a-set-to-benefit-from-favourable-factors-amid-restructuring/

2 weeks ago

WarrenBuffeto

Hi JrWarren, I register to ask how can I know what sort of data and calculation in the excel to find out? I am not asking for spoonfeed but mind sharing some pointers for me to start doing research and homework in setting up such excel myself? Thank you

2 weeks ago

The_JQuestion

Sslee cry loud since tony made him laugh at himself like a joke... nvr give up , copy paste comment ... my quote the book guy
tony turn the book around ... and even made himself a blank cheque hihi

2 weeks ago

Dear Lee Soon Sheng,

We would like to confirm that all the questions you raised concerning the Extraordinary General Meeting (EGM) held on October 14, 2024, by Capital A Berhad have been fully addressed during the meeting. Please find responses to the follow up questions in relation to the Annual General Meeting (AGM) held on June 13, 2024.

Follow up clarification:
Clarification Question 1: External auditor, are the answers given on above implied as long as lessors agreed to roll over unpaid lease payment due then the income statement (P&L) accounting recognised only RM 2,445,438,000 (interest on lease, depreciation on Right of Use assets and short term lease expense) instead of the full amount Financial Year Ended 2022 current lease liabilities of RM 4,340,844,000?
Clarification Question 2: Isn’t that distorted the financial income statement and the profit/(loss) for Financial Year Ended 2023?

Response: The financial statements follow the accounting standards under IFRS 16 Leases, which require the recognition of lease liabilities and corresponding Right of Use (ROU) assets.
This treatment is consistent with accounting standards and to provide a clearer picture of the company’s financial performance over time, rather than distorting it

2 weeks ago

Clarification Question 3: The Group paid USD16 million to acquire 60% PAA from JV local partner F&S Holdings, Inc and resulted in a total of approximately RM 2.3 billion net liabilities was transferred from PAA to the Group/negative equity from Non-controlling interest was transferred to shareholders’ equity and yet the transaction valuation percentage ratio falls within the range of 2.24%. External Auditor please kindly show the calculation how you get this 2.24% valuation ratio?

Response: The calculation is in line with Bursa Malaysia's MMLR requirements, and the detailed computations were submitted to Bursa Securities for their review and approval. This ensures that the transaction has been properly evaluated, and our disclosures are fully compliant with the applicable regulatory standards.

Clarification Question 4: RAMON ROYANDOYAN, Nikkei staff writer July 3, 2024 09:35 JST
MANILA -- Philippine budget airline Cebu Pacific is set to buy up to 152 Airbus jets for $24 billion to expand its fleet and meet recovering demand for flights.
BOD, how is PAA going to compete with the financially stronger and fast expanding Philippine budget airline Cebu Pacific and turnaround PAA?

Response: PAA is focused on leveraging its strong brand presence and operational efficiencies to remain competitive. Our strategic positioning within the Asean market, combined with targeted improvements in cost management and customer service, supports our confidence in PAA's ability to compete effectively and contribute positively to the Group's long-term growth.

2 weeks ago

Clarification Question 5: With such low numbers of class A and B shares issued and outstanding, is the merger with CAPI still feasible and possible?

Response: We have recently announced the termination of the BCA, for detailed information regarding this recent development, please refer to this link.

2 weeks ago

CapitalA replied on my clarification questions.

I had done my part as shareholder to the extent of seeking clarification if the answers given by the BOD on AGM questions is not clear to you.

As shareholder you have the rights to hold BOD accountable, responsible and answerable.

2 weeks ago

EngineeringProfit

Sslee, Cap A will do very well next year. Cheers!

2 weeks ago

CapA should do well from now on.
The question is AAX able to generate enough cash flow to pay the debts and lease liabilities?

The competition among the LCCs is almost like the survival of the fittest.

2 weeks ago

PAA and IAA need proper recapitalisation and facing fierce competition with local LCC.

2 weeks ago

The magician Stony really has substance!

2 weeks ago

human

Capital A management is realizing restructuring plan and business expansion according to what they convey to all shareholders since 2023. Any changes they keep Bursa and shareholders posted.
Look at businesses in Malaysia , what other company emphasizes such extent of direct communication with stakeholders?
They are not magician, they are true entrepreneur and hand on businessman at core.

2 weeks ago

AnthonyAng666

Will turn green in Q3 ? 😀

2 weeks ago

SittingOnMyArse

Very green

2 weeks ago

Stony The magician

2 weeks ago

The_JQuestion

he almost certainly already confirmed it ,, without really saying it ... we shall know one month from now ,, AAX confirm flying HIGH ,, cap A standby how high !! Show us how VALUABLE both are :)) in one shot ( i mean QR ! ) and the next shot out of pn17 ,, tony already shot all the way to KOREA !! no worry

1 week ago

Michael Kwok

Capital A 98 cents.
let see nov period thn talk.wht it really form.
27/10/24 11.38pm

1 week ago

Finally Delta sued Crowdstrike seeks USD500M called the outrage ' catastrophic' pointing to 500M in losses as well as threats to future revenue.Recalled back in July caused global IT outrage impacting 8.5m computers.
Will CapA follows suit?

https://theedgemalaysia.com/node/724949

1 week ago

ABatShare

US election will def play a part in share price to fall

1 week ago

JrWarren

Someone using PE ratio to derive the TP, which is reasonable compare to the current business segment.

1 week ago

Oil goes haywire..WTI n Brent 67 n 71 respectively!

1 week ago

David Gunter

Great when oil drops

1 week ago

jenson68

Retest above 1.00 & will hold till end Dec , hehe

1 week ago

RM 1.02 sen..

1 week ago

Meow Meow Meow

1 week ago

EngineeringProfit

Very huat one

1 week ago

Wait 4 me!

1 week ago

EngineeringProfit

No worries................boarding time has been extended😜

1 week ago

Boarding at the right gate.

1 week ago

Michael Kwok

Capital A rm 1
The statement below got reason.let see nov somewhere then sapu.can rm 5 figures.
29/10/24 11.32am
Capital A 98 cents.
let see nov period thn talk.wht it really form.
27/10/24 11.38pm

1 week ago

Alex_Kho

wow. defending RM1 at all cost. nice....

1 week ago

Huahua

Should sell at 1.00? Or hold?

1 week ago

Alex_Kho

i hope it holds, tho q is thiccc after RM1, it shows that there are heavy buyer which shows confidence @ RM1. hope it holds at least for today.

1 week ago

Wasim73

this may go higher this week...just hold

1 week ago

Wasim73

wow strong support at 1RM...this might got up to 1.05 this week

1 week ago

leekengchan65

What if FED cut rate again on November?

1 week ago

The_JQuestion

Tony very kind give chance for ppl to board ... because he keep price low , ask u to board fast ... year end PRICE HIGHHh , thats what we aiming for :))

1 week ago

soros90

Rate cut means weaker USD and USD translation gains and lower OPEX in MYR teams

1 week ago

Wasim73

same pattern..day up..day down hahahah

1 week ago

FlyGreen.Carbon Fees,,. More revenue stream

https://thesun.my/malaysia-news/airasia-to-introduce-mandatory-carbon-fees-from-jan-1-anthony-loke-JA13209066

1 week ago

Wah so nice..

Some nice uncles and aunties match Mabel price at 97 sen

Thank you so much.

Meow Meow Meow

1 week ago

Value Proposition

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

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

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

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

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

Financial Metrics

Best financial indicator is core net profit ex-disposal gains, forex and fair value changes, and deferred taxation.

Forecast FY24E to return to core net profit on more passengers and higher fares.

Forecast FY25E core net profit to grow further on more passengers as all aircraft would have returned to service.

Sensitive to fuel price movement, a USD1 per barrel change in fuel price will move earnings by MYR40m-MYR50m.

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

1 week ago

For a quickie?

1 week ago

Great revival

1 week ago

One step closer to get out of JailPN17

4 days ago

soros90

Trump is going to pump shale = lower oil price. Boon for airlines?

2 days ago

geary

Updated Wed, Nov 6 2024 4:27 PM EST
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2 days ago

AirAsia has received prestigious recognition at the Asia Pacific Aviation 100 Awards, clinching titles for Asia-Pacific Overall Deal of the Year and Asia-Pacific CFO/Treasurer of the Year. These awards celebrate AirAsia’s effective financial management strategies that have significantly reinforced its fiscal stability and facilitated its progressive recovery.

https://www.travelandtourworld.com/news/article/airasia-wins-big-in-asia-pacific-aviation-awards-for-financial-excellence/

1 day ago