CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

0.68

Today's Change

-0.01 (1.45%)

Day's Change

0.68 - 0.695

Trading Volume

20,745,000

IPO Info
Offer Period

Opening

Closing

Time Table

Allotment Date

Listing Date

Price

Issue Price

-

Units

-

Share Capital

0.000

No of Shares

Public Issue

-

Offer for Sale

-

Private Placement

-

Issuing House

-

ISIN Code

-

Prospectus:

RENOUNCEABLE RIGHTS ISSUE OF RM974,513,219.25 IN NOMINAL VALUE OF 7-YEAR REDEEMABLE CONVERTIBLE UNSECURED ISLAMIC DEBT SECURITIES ("RCUIDS") AT NOMINAL VALUE OF RM0.75 EACH BASED ON THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT) COMPRISING 1,299,350,959 RCUIDS TOGETHER WITH 649,675,479 FREE DETACHABLE WARRANTS ("WARRANTS"), ON THE BASIS OF 2 RCUIDS WITH 1 WARRANT FOR EVERY 6 ORDINARY SHARES IN AIRASIA GROUP BERHAD HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 2 DECEMBER 2021

ATT70L6Z

AirAsia-CorpDirectory-Summary-IPODetails (1.1MB).pdf

AirAsia-RiskFactors (773KB).pdf

ATTSLSYQ

AirAsia-OverviewAviationInd-RegulationsAirlineInd (588KB).pdf

AirAsia-Shareholders-InfoAirAsiaGrp-Proforma (1.3MB).pdf

AirAsia-MgmtDiscussion&Analysis (898KB).pdf

AirAsia-FutureFinancialInfo-Conditions-RPT-AddInfo (1.2MB).pdf

AirAsia-AccountantsRpt (Part 1) (884KB).pdf

AirAsia-AccountantsRpt (Part 2) (863KB).pdf

AirAsia-DirectorsRpt-ApplicationProcedures-Annexure A (1.3MB).pdf

AAGB - Abridged Prospectus.pdf

AAGB - NPA and RSF.pdf

AAGB - Letter to Shareholders (revision of dates).pdf

Discussions
124 people like this. Showing 50 of 166,392 comments

MrHuangBK

Auntie Felicia also woman..

So ? 😂😂

2 days ago

Felix888999

Felix is a male`s name.

MrHuangBK is an old Shemale. We call her Auntie Huang. 🤣🤣🤣🤣🤣

2 days ago

Felix888999

Conclusion Auntie Huang is a bisexual. Man, Women semua dia boleh.

2 days ago

EngineeringProfit

Getting more palatable now...hehe

2 days ago

Sslee

In FY23, posted net profit of RM507 mil, mainly supported by recognition of RM1.4 bil from gain on remeasurement from previously held associate.

Stony wish list for 2024:
Positive outlook on macro indicators
○ Anticipated downward trajectory of brent Crude Oil Price, with prices estimated to reach as low as USD78 per barrel in 2024
○ Expected strengthening of MYR against US Dollar, with an estimated closure at RM4.20-RM4.40/USD by year-end.
○ Market expectations of further interest rate cuts in 2024, advantageous given that 70% of costs are denominated in US dollars.

● Continuous improvement on On-Time-Performance and Net Promoter Score by promoting transparency with guests. To be achieved through minimising delays and if there’s any, to provide timely and precise updates on delays, which also applies to refund progress

● Look forward to kickstarting operations of the newest AOC, AirAsia Cambodia in mid-2024 and potentially announcing a new AOC

2 days ago

EatCoconutCanWin

kasi cucuk belakang, siok ma

2 days ago

EatCoconutCanWin

MH370 coming

2 days ago

salman

KUALA LUMPUR: Capital A Bhd is back in the black, achieving a net profit of RM836.98 million for the financial year ended Dec 31, 2023 (FY2023) from a net loss of RM2.62 billion in FY2022.

2 days ago

The_JQuestion

still holding steadily , on contrary to all the know-it-alls :))
we shall see how this goes... pn 17 story will be told. first from AAX to cap A ... to NASDAQ? first in malaysia , the malaysian glorY... what a GENIUS ... 3 separate entities , all superb , all billion dollars <<<< genius , from Malaysia to the WORLD

2 days ago

Mabel

Capital A Full year 2023 results:

EPS: RM0.20 (up from RM0.65 loss in FY 2022).
Revenue: RM14.8b (up 124% from FY 2022).
Net income: RM837.0m (up RM3.46b from FY 2022).
Profit margin: 5.7% (up from net loss in FY 2022).

Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Airlines industry in Asia.

Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.

1 day ago

Mabel

Finally, Capital A returned to the black after four consecutive years of net losses with net profit of RM836.99 million in FY2023 versus a net loss of RM2.63 billion in FY2022. Revenue for the full year more than doubled to RM14.77 billion from RM6.44 billion a year earlier.

On its non-aviation business, Capital A is targeting for its BigPay division to achieve its first month of positive earnings before interest, taxes, depreciation, and amortization by the end of 2024.

Over the last 3 years on average, PN 17 Capital A earnings per share has increased by 75% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.

1 day ago

Sslee

EBITDA and Capital A returned to the black after four consecutive years of net losses with net profit of RM836.99 million in FY2023 versus a net loss of RM2.63 billion in FY2022. Revenue for the full year more than doubled to RM14.77 billion from RM6.44 billion a year earlier.

Are just statement to syoik sendiri/self induce pleasure by Stony.

The Balance sheet reality:
31/12/2023: 31/12/2022
RM'000: RM'000
Total equity: (10,469,461): (9,516,958)
Shareholders' equity: (8,710,574): (5,725,093)
Net current liabiliaties: (12,507,207): (8,509,066)

Is the above figures better or worst than it start off the year 2023?
Figures don't lie but man do lie about figures.
CapA is insolvent, no money to pay bills and keep roll over the bills.
The net current liabilities is now snowball to (RM 12,507,207,000)

1 day ago

Balian de Ibelin

sslee

I did not bother to look at the CapA results since already known to be bad.
Only syiok sendiri results.

You are right, just 2 minutes look at financials tells me CapA revenue unable to pay plane leasing charges.
Exactly like example in taxi business but income not enough to cover daily taxi rental.
So you refuse to pay the taxi rental until taxi is repossessed. 🤣

CapA is totally insolvent.
Obviously the Reverse Ryanair Yield Control Curve does not work. 🤣

1 day ago

Sslee

CapA can only survive by forcing the lessors to take a big haircut but then again most likely someone/someones has/have direct or indirect vested interest on these companies that lease planes to capA

Cap A Lease payment to lessors are now:
RM'000
Depreciation of ROU assets: 449,765 culmulative 12 months 1,574,356
Finance cost-lease liabilities: 252,438 culmulative 12 months 908,771

1 day ago

geary

CapitalA becomes more...Yummy...High Risk or High Opportunity...🤓
AirAsia Newsroom!
Capital A International, Owner of the Iconic AirAsia Brand, to be Publicly Listed in the U.S. through Business Combination with Aetherium Acquisition Corp
Capital A International, a global brand management platform, specializes in the expansion, management and licensing of the AirAsia brand
Leveraging its successful track record, Capital A International will champion and expand to the global markets renowned brands from Southeast Asia (“Asean”)
Offers global investors a gateway to participate in the growth of the massive 680-million-strong Asean population, leveraging the region’s most dynamic and recognizable brands
Proposed transaction represents an enterprise value on a pro-forma basis of US$1.15 billion

1 day ago

geary

CAPITAL A FINANCIAL RESULTS FOURTH QUARTER 2023 AND FULL FINANCIAL YEAR 2023
February 29, 2024 Nur Alya Zulaikha Khairon Anuar -
The first annual net profit of RM508 million since the onset of pandemic, RM14.8 billion annual revenue; 25% above FY2019 with only 80% of 2019 aircraft

Aviation business recoded RM13.5 billion annual revenue, up 143% from last year; reactivated 185 aircraft, strong load factor at 88%, average fares up 14% and ancillary income reached RM2.5 billion for the first time

Non-Aviation core segments all achieved EBITDA positive; Year-to-date revenue crossed RM1 billion mark, 45% increase over previous year
Aviation Fuel Cost must go down...plus Exchange Rate in USD...🙏
Yummy market value...Coming Soon...🤓

1 day ago

geary

CapitalA Weekly Pivot Point Momentum!
S3: 0.595.
S2: 0.645.
S1: 0.68.
PIVOT: 0.705.
R1: 0.735.
R2: 0.765.
Disclaimer: Trade at your own Risk!

1 day ago

OleOleOle

After gone through the numbers, here is my take! Please do your own DD!


Total fleet of 219 aircrafts (12 under maintenance)
Estimate cost of each 2nd handed plane US$25 mil
Take exchange rate of 1US$ to RM4.5915
That's entire fleet of 219 aircrafts worth at least RM25 bil (rough est.) will come back to this later.




That said, refer to Q4FY23 financial statements,
Assets associated with AA leasing:
Non-current Liabilities = -13,434.5 mil (RM)
Current Liabilities = - 5,259.6 mil (RM)
Right to Used = 12,066.8 mil (RM)
------------------------------------------------
Net assets = - 6,627.3 mil (RM)
Note: This amount is to be removed from Cap-A statement.

Merger Offer to AAX: US$ 600 mil
Cash (US$200 mil bond)
AA Equity (US$400 mil)
(1US$ to RM4.5915) = 2,754.9 mil (RM)
Note: This amount will add to Cap-A statement.


Hence, Total AA Leasing assets considered:
= 13,434.5 mil (RM) + 5,259.6 mil (RM) + 2,754.9 mil (RM)
= 21,449.0 mil (RM)
= US$ 4,671.458 mil (=219 aircrafts)
OR Each aircraft = US$21.33 mil (***** vs at least US$25 mil per aircraft for a 2nd handed A320 aircraft)


Back to Cap-A, now how do to get out of PN17?
Total Equity Deficit = - 10,469.5 mil (RM)
AA Leasing Asset removed = 6,627.3 mil (RM)
AA Merger Offer get = 2,754.9 mil (RM)
US Listing Goodwill = 2,360.0 mil (RM)
--------------------------------------------------------------
Net Cap-A Equity = 1,272.7 mil (RM)
== 30c NAPS

1 day ago

OleOleOle

Furthermore, the AA merger will removed
Leasing service charges (by CapA)
Leasing service taxes (by Government)
Leasing operation costs at both sides (Processing, IT, Accounting, HR, etc by AAX & CapA)
Income taxes (by Government)
Hence, it helps increase AA efficiency and profits.


Recall that AA Equity given US$400mil (=RM1,836mil) vs AAX's RM1,618mil market cap! (AAX to rise US$200mil bond & AAX@1.70)

CapA most probably will get higher AA profits sharing from AA merger (due to higher equity holding!!).

Conclusion, after AA merger, CapA is better position when out of PN17. Profit wise should not be much different, or may even have positive surprise!

1 day ago

EatCoconutCanWin

Cap A got selling kuih raya or not.

1 day ago

Sslee

Do you think AAX will take over net lease liabilities of RM (6,627.3 million) from capA and on top of that pay CapA RM 2,754.9 mil for capA aviation' business?

Planes belong to lessors and do you think lessors will agreed to transfer the planes lease from capA to AAX knowing very well that AAX will go bankrupt the moment AAX take over capA aviation?

1 day ago

geary

Warren Buffett on Value & Growth:
The Two Approaches Are Joined at the Hip
“Learn from the mistakes of others; you can not live long enough to make them all yourself.” – Eleanor Roosevelt

In the Chairman’s Letter of 1992 from Warren Buffet I found this small excerpt on his view about value, growth and using discounted cash-flow analysis. I felt like the writing must have light shed on it and be shared with others as it resonated with me, as does most of Buffett’s writings and insight. I was not entirely sure how to paraphrase and interpret each paragraph as Buffett does an amazing job teaching in a basic manner, so I decided to just share it all!

Warren Buffett: But how, you will ask, does one decide what’s “attractive?” In answering this question, most analysts feel they must choose between two approaches customarily thought to be in opposition: “value” and “growth.” Indeed, many investment professionals see any mixing of the two terms as a form of intellectual cross-dressing.

We view that as fuzzy thinking (in which, it must be confessed, I myself engaged some years ago). In our opinion, the two approaches are joined at the hip: Growth isalways a component in the calculation of value, constituting a variable whoseimportance can range from negligible to enormous and whose impact can be negative as well as positive.

In addition, we think the very term “value investing” is redundant. What is “investing” if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value – in the hope that it can soon be sold for a still-higher price – should be labeled speculation (which is neither illegal, immoral nor – in our view – financially fattening).
Thanks...OleOleOle...for his contribution n positive analysis 🤓

1 day ago

Realrich

No eye to see Tony. Aax and capital a all is overvalue. 2 qr big losses. No hope already target price 0.5

1 day ago

Sslee

In addition, we think the very term “value investing” is redundant. What is “investing” if it is not the act of seeking value at least sufficient to justify the amount paid?
Consciously paying more for a stock than its calculated value – in the hope that it can soon be sold for a still-higher price – should be labeled speculation (which is neither illegal, immoral nor – in our view – financially fattening)

Totally agreed.
Is geary using Warren Buffett word to tell buying capA now is amount to consciously paying more for a stock than its calculated value – in the hope that it can soon be sold for a still-higher price – should be labeled speculation (which is neither illegal, immoral nor – in our view – financially fattening)?

1 day ago

geary

Essay of Warren Buffett:
Common yardsticks such as dividend yield, the ratio of price to earnings or to book value, and even growth rates have nothing to do with valuation, except to the extent they provide clues to the amount and timing of cash flows into and from the business. Indeed, growth can destroy value if it requires cash inputs in the early years of a project or enterprise that exceed the discounted value of the cash that those assets will generate in later years. Market commentators and investment managers who glibly refer to "growth" and "value" styles as contrasting approaches to investment are displaying their ignorance, not their sophistication. Growth is simply a component - usually a plus, sometimes a minus - in the value equation.

23 hours ago

geary

CapitalA n AA Aviation:
One way of interpreting this dichotomy: The market assigns a lower valuation to AA, because investors have concerns about the its ability to sustain growth. AA just reported the profit, for a publicly traded company, and growth tends to slow down as a company becomes larger over time. Besides, nearly 90% of total revenues came from the airlines segment in the last quarter, so service concentration is a significant risk.

I personally believe the market is overestimating these risks, as AA has the brand differentiation, human talent, and competitive strength to continue delivering substantial growth in the years ahead.
For this reason, AA looks like an attractive investment to me, and I am planning to hold my AA stock for the long haul.

Conversely, those who think AA will be facing stagnant and even declining sales over the coming years probably believe the company is overvalued, no matter what valuation ratios or recent financial performance indicate.
Essay of geary...Happy Weekend 🤓

23 hours ago

Sslee

Covid-19 had totally destroyed capA balance sheet. The only way to rebuilt/reset the balance sheet is debts restucture where everyone need to take a haircut. But for reason only knew to Stony only AAX go thro' a debts restructure but not capA.

With net current liabiliaties of RM (12,507,207,000) where can capA going to get the money to fulfill the obligation to pay the current liabilities for next 12 months.

31/12/2023: 31/12/2022
RM'000: RM'000
Total equity: (10,469,461): (9,516,958)
Shareholders' equity: (8,710,574): (5,725,093)
Net current liabiliaties: (12,507,207): (8,509,066)

23 hours ago

OleOleOle

Why would lessors not agree to transfer the planes lease from capA to AAX (actually is AA Group, the new entity)?

The new entity AA is the combined business of AAX airline and the CapA plane lease business. Hence, the combined entity AA had higher earning with the combined earnings from both businesses eliminating lease operation costs. Therefore, the new entity is even more stronger. Transfer of planes are just matter of legal documents.

23 hours ago

OleOleOle

Merger Offer to AAX:
US$ 600 mil == Cash (US$200 mil bond) + AA Equity (US$400 mil)
[Note: Transfer of planes without the transfer of accounting (i.e.lease debt) would be totally nonsense!!]

AA only paid CapA = RM918.3 mil (1US$ to RM4.5915) cash
*** AAX (or AA?) to raise US$200mil bond (or could be RI)
the balance is in the form US$400mil EQUITY of new entity AA Group

Because the NOSH and PRICE of the new entity AA Group is not determined, that is causing the current chaotic price moving of AAX. This is likely to continue until things are known.

22 hours ago

Sslee

Are you high on drug or what?
CapA got planes lease business?

Below are amount capA need to pay to lessors in FY 2023:
From consolidated income statement
RM'000
Depreciation of ROU assets: 449,765 culmulative 12 months 1,574,356
Finance cost-lease liabilities: 252,438 culmulative 12 months 908,771

From Consolidated cash flow statement: cash flows from financial activties
RM'000
Repayment of lease liabilities: (1,664,295)

Note:Under MFRS 16:
(i) On the Consolidated Income Statement, expenses which were previously included under aircraft operating leases will be replaced by a)finance costs – lease liabilities and
b)depreciation of right of use asset

(ii) On the Consolidated Cash Flow Statement, operating lease rental outflows, previously recorded within net cash flow from operating activities, are classified as “net cash flow used in financing activities” for repayment of principal of lease liabilities.

20 hours ago

Sslee

Lease liabilities
The lease liabilities amounting to RM18.7 billion includes deferred aircraft leases of approximately RM2.3 billion. The lease liabilities are supported by ROU assets of RM12.1billion.

The Group had completed the restructuring of a total of 161 aircraft leases up to the date of this report including the waiver of lease rentals in arrears, as well as reducing future lease rates with a corresponding longer lease term, where necessary, and return of aircraft.

20 hours ago

Sslee

Extrate from choivo capital blog:
Aircraft Operating Lease Income

With the purchase of these huge purchase planes to fund their regional ambitions, as stated previously, Airasia, the Group Company now had a new income stream that would grow far more profitable than expected.

It would not be unreasonable to say that by 2016, this has grown to be their second largest revenue and largest profit contributor.

Without it, the Airasia Group would be lossmaking.

Externally, this also caused huge headaches with accusations by GMT Research that Airasia was only profitable due to the leasing of these planes resulting in profit transfers from unprofitable regional Joint Ventures, to the group holding.

Internally, i’m sure the other joint venture or associate partners did not feel comfortable about this as well, as it could be seen as Airasia Berhad milking the associates for all its worth.

This culminated in the sale of the planes and the leasing business

28 Feb 2018 (Completed 31 Dec 2018) – BBAM Limited Partnership / FLY RM 9,775.6 million and RM 262.3 million (82 Aircraft and 14 Engines)

24 Aug 2018 (Completed 8 August 2019) – Castlelake L.P. USD 739.5 million (RM 3,559.5 million) (25 Aircraft)

25 July 2019 (Completed 31 December 2019) – Castlelake L.P. (RM 1,240 million) (14 Airbus A320-200)

Resulting in net gains of RM 298.8 million and RM 101.54 million, but a net loss in profit of around RM 643 million p.a until the new planes come in.

For the more cynical and realistic individuals, the real reason for the sale would be to settle Tony Fernandes’s and Kamarudin’s RM 1 billion margin loan that taken to inject into the company back in 2016 when prices of the shares were so low

19 hours ago

OleOleOle

Are you high on drug or what?
If CapA don't have planes lease business, where are those income from?

19 hours ago

Sslee

Go and read the latest quarterly financial report page 22 on where the revenue come from.

Review of Group Performance
The segmental information for the reportable segments for the quarters ended 31 December 2023 and 31 December 2022 are as follows:

12 hours ago

Sslee

By the way you sound like someone promoting jaks:

My view on jaks.
Buy jaks only in year 2030. After JHDP pay off the 10 year term loans, JHDP will be a cash cow and can pay yearly big dividend to jaks.

Note: Mike-tikus did not know the share of profit from associate company JHDP is just paper profit. What important is dividend from JHDP. Without the JHDP dividend Jaks will have cashflow problems and need another PP or RI for many year till 2030.

JHDP although reported very good profit but can't afford to give good dividend because the 75% loans taken to finance the project was changed into 10 years term loans. JHPD going to have cashflow problems depreciation is 25 years (good profit) but 10 years term loans (need to pay loan principal and interest in 10 year thus poor cashflow for the first 10 years)

12 hours ago

MrHuangBK

SSLee

Vietnam is phasing out coal power generation

Saying buy only after 2030 is risky.

Too many player exist for smaller share of pie

12 hours ago

Sslee

LSS4:Revenue contribution of RM4.3 million was recognised in the Group from this division. This division incurred a loss before tax of RM0.4 million in the current quarter due to the depreciation charges and interest expenses.
This one mean have difficult in paying loan principal and interest.

The Group recorded a higher loss before tax of RM18.5 million in the fourth quarter of 2023 as compared to a loss before tax of RM5.3 million incurred in the corresponding quarter of the previous year. The higher loss was mainly due to lower share of profit recognised from the Vietnam joint venture of RM34.5 million, a reduction of RM11.7 million from the previous year’s corresponding quarter, mainly due to higher interest cost incurred by the joint venture, impairment loss on goodwill and receivables of RM23.5 million and RM32.9 million respectively.

The group impairment loss on receivable RM32.9. Mean after net off the reversal of provision made in previous years under Property Investment division the group impairment loss on receivable for FY2023 is RM32.9 million

11 hours ago

Sslee

The problem on jaks is how many more receivables in the book will need to impair in future Financial year and why no legal actions taken to recover the receivables?

11 hours ago

Mikecyc

Haha what do you expect from Konartist sslleee whom told Lies on his 1st Win or Only Gain since investing from 2016 to 2023 .. 



Konartist sslleee u turned to kon on 2020 after : 



1.) stucked High in Jaks since 2017 



2.) dumb dumb hold Xingquin even knew is in Account Fraud , auditors cannot verified a Big Big Order , until delisted on September 2019 … 



Oh Konartist sslleee thanks me on Highlighted MMC in Insas that you Gain RM 180,000 is a Lie also ke ? 




I had CutWin on Zelan and MMC during MMC privatisation news on 2021


—-

Haha more than 1 month ago …konartist sslleee posted his 1st Win is Insas WB … not WC … I highlighted to him is WC .. he said is Typo error… then I asked him what is the Gain amount ? He just keep quiet and twisting… Finally I am posted WC Gain RM 250,000 … what a shameless Kon …🤣🤣🤣

10 hours ago

Mikecyc

Haha Insas No Corporate Structure, how to plan n do Corporate Tax Structure ( Surprise Dumb Dumb sssLee did not know / understand this ) …. With each QR got Other Operating Expenses, Shl stripping you slowly n softly… 😱😱😱


👉 Included in Other Operating Expenses are the following items :


a) Allowance for doubtful debts

b) Bad Debts written off

c) Provision for Impairment Loss

e) Goodwill written Off


and other items..

10 hours ago

Mikecyc

Alert
29 May 2023

Vietnam Approves Power Development Plan for Cleaner Fuels

Coal
Although PDP8 does not call for immediate reductions in Vietnam's reliance on coal, coal would become a smaller share of the total energy mix by 2030. In 2020, total capacity of coal-fired power plants was 21.38 GW (30.8%) of the energy mix. By 2030, Vietnam plans to increase this to 30.13 GW, but this would reduce its share to 20% of planned energy capacity.

👉👉After 2030, Vietnam would not develop any new coal-fired power plants, and active plants that are 20 years or older will begin transitioning to biomass or ammonia. Plants over 40 years old that cannot achieve this fuel switch will be retired.

10 hours ago

Mikecyc

Haha Jaks power plant still has 16 years to be 20 years old …

10 hours ago

Mikecyc

Jaks

Haha recalled the Gap up on ard 1/9/2023 from RM 0.205 to RM 0.245 … Why stopped at RM 0.245 ? 




👉As during the 2017/ 2018 Mr.KY2 case intention to take over ( Choivo Capital posted is holding 30 % , 150 million Jaks share ) there is RI issued in Warrant B with issue price RM 0.25 is issued on 2018 . 



And the expiry Date : 



>> The Board of Directors of JAKS wishes to announce that the last date and time for the exercise of the Company’s Warrants 2018/2023 is Wednesday, 13 December 2023 at 5.00 p.m. ("Expiry Date"). 




👉 After the Warrant B is Expired and the Insiders are compensated with LTIP … it is time to look at 2nd RI at RM 0.22 with Warrant C ….issued on 2020 , Ex price RM 0.49…


👉👉👉 Illustration : 525,564,900 outstanding Warrants C are EX . ( Initial is 646 ,036,652 )

X 0.49 = 257.5 million


Maturity 2025-11-18

10 hours ago

Mikecyc

Jaks

Investment in Joint Venture:

( & PPE )

QR ended

> March 2016 = 128,297,000

( PPE = 19,269,000 )

> March 2019 = 197,171,000

> March 2020 = 362,479,000

> March 2021 = 601,150,000

> March 2022 = 748,656,000

> March 2023 = 829,105,000

( PPE = 273,041,000 )

> September 2023 = 897,378,000

( PPE = 299,238,000 )


—-

👉
2QR ended June 2023 :


Reserves . : 24,909,000


> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )

Gearing Ratio : 0.362X


>> Accumulated Profit on 3QR ended September 2023 : 350,327,000

Gearing Ratio : 3QR ended September 2023 : 0.352 X

10 hours ago

Sslee

Pity this dumbass trapped at Jaks 19 floor and refuse to take profit when jaks gap up on ard 1/9/2023 from RM 0.205 to RM 0.245

Me take profit on my Insas from RM 1.16 to 1.35 and balance insas shares is now zero cost to me.

7 hours ago

Mikecyc

Konartist sslleee u turned to kon on 2020 after : 



1.) stucked High in Jaks since 2017 



2.) dumb dumb hold Xingquin even knew is in Account Fraud , auditors cannot verified a Big Big Order , until delisted on September 2019 … 


5 hours ago

Mikecyc

Hoho sot2Lee must be Ammdui liaw until Mentally LD n Delisting Depressed Syndrome, getting very interesting le debating with you recently in Capital A and Jaks , oh not forgetting Bplant , although you shy away from reply Insas facts n figures :


1.) On Bplant 1st :


After Lee dumb dumb hold Bplant did not sell at RM 1.20 n above , suddenly dumb dumb sold at ard RM 0.67 with Cost ard RM 0.67 ( holding since 2017 ) . The price is rebounded from RM 0.64 to RM 1.01 within 11 Days .


Lee must be amm dui liaw , became a Negative commentator in Bplant forum , saying Shl be dropped to RM 0.60 , what a joker le or sot2 le , hahahaha.


More Amm dui lee as Last Price is RM 1.57 before Privatisation delisted….

5 hours ago

Mikecyc

Haha sslleee why from dumb dumb became mad 🐶ke … Insas is dropped from 1.26 to 1.07 … let’s see next week le …

5 hours ago

Sslee

Lol Mike-tikus or OleOleOle you took how many hour to work out all the below funny figures for capA?

That said, refer to Q4FY23 financial statements,
Assets associated with AA leasing:
Non-current Liabilities = -13,434.5 mil (RM)
Current Liabilities = - 5,259.6 mil (RM)
Right to Used = 12,066.8 mil (RM)
------------------------------------------------
Net assets = - 6,627.3 mil (RM)
Note: This amount is to be removed from Cap-A statement.

Merger Offer to AAX: US$ 600 mil
Cash (US$200 mil bond)
AA Equity (US$400 mil)
(1US$ to RM4.5915) = 2,754.9 mil (RM)
Note: This amount will add to Cap-A statement.


Hence, Total AA Leasing assets considered:
= 13,434.5 mil (RM) + 5,259.6 mil (RM) + 2,754.9 mil (RM)
= 21,449.0 mil (RM)
= US$ 4,671.458 mil (=219 aircrafts)
OR Each aircraft = US$21.33 mil (***** vs at least US$25 mil per aircraft for a 2nd handed A320 aircraft)


Back to Cap-A, now how do to get out of PN17?
Total Equity Deficit = - 10,469.5 mil (RM)
AA Leasing Asset removed = 6,627.3 mil (RM)
AA Merger Offer get = 2,754.9 mil (RM)
US Listing Goodwill = 2,360.0 mil (RM)
--------------------------------------------------------------
Net Cap-A Equity = 1,272.7 mil (RM)
== 30c NAPS

2 hours ago

geary

Airbus’ Commercial Aircraft CEO Christian Scherer celebrates long-standing partnership with AirAsia during a visit to HQ.
(Compromised Agreement between Airbus/lessor/AA Aviation...AA Must Fly...14th Time Best Low Cost Airline, No. 1 Brand in the ASEAN/Worldwide)!?

SEPANG, 22 February 2024 - AirAsia today unveiled plans to launch the world’s first low-cost network carrier, leveraging 22 years of its unique multi-hub strategy through its airlines in Malaysia, Thailand, Indonesia, the Philippines, and soon Cambodia.

The announcement was made during a welcoming ceremony of the recently appointed Chief Executive Officer of the Commercial Aircraft business of Airbus, Christian Scherer, to RedQ - AirAsia’s corporate headquarters in Malaysia. Hundreds of AirAsia staff, CEOs and management turned out in force to greet the illustrious Airbus leader during his first visit as CEO to the home of over 6,000 team members called Allstars.
AirAsia Newsroom!

5 minutes ago

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