CAPITALA (5099): News and Blogs

https://theedgemalaysia.com/node/738755

Accumulate and hold ….

4 days ago

The_JQuestion

Neither optimist nor pessimist would help you to make full use of what life has to offer.

Be pragmatist and seek truth from facts

Finally leopard show his true color .... Goodluck , seems like Hope is back . We shall know soon , HOLD till then !!! once confirm , u can choose

4 days ago

Ravi Kumar

Only good at cut and paste. Is it the operator's fault or the manufacturer's poor quality? LOL

paulthesotong

Competitor has si many issues.....

https://www.malaymail.com/news/malaysia/2024/12/22/new-planes-old-problems-malaysia-airlines-says-a330neos-have-engine-issues/160759

4 hours ago

4 days ago

The_JQuestion

RP submitted... its time to FLY great xMAS gift from tan sri himself... unwrap time !! huat ah 2025 , year of SNAKE ... snake will triumph !! all the way to CNY and some say HARI RAYA !! 2026 , maybe back to peak level !!

4 days ago

Flyinghorse

3 days ago

Capital A to exit PN17 status by 1Q2025, says CEO… hehe

3 days ago

Haha Mabel always loves Airlines..

1st plane ride when Mabel was 8 years old was on Cessna. It was loves on 1st fly..

Bought and Proud to be the Shareholders of Malaysian Airlines. Make good profits when Khazanah took it private..

So Air Asia was a natural choices when MAS went to private.

Beside, with AA Every One Can Fly. It's the Worlds Best Low cost airline for 15th consecutive-time

https://www.worldairlineawards.com/worlds-best-low-cost-airlines-2024/

3 days ago

Glad to hear Capital A submits regularisation plan successfully !! Hope everyone can “ fly “ with Capital A in 1Q 2025 !! Cheers

3 days ago

Already lost count how many times Stony promised by when capitalA will be out of PN17.
Hope this time will he fulfill his promise?

Capital A to exit PN17 status by 1Q2025, says CEO

3 days ago

abidinaa

KEY TAKEAWAYS
A capital reduction is the decrease of a company's shareholder equity.
Capital reductions are generally done through share cancellations, paid-back capital, or share repurchases (buybacks).
Companies do capital reductions for a variety of reasons, such as for increasing shareholder value or producing a more efficient capital structure.
Capital reductions must be performed according to the law and a company must undergo a series of steps to correctly do a capital reduction.

3 days ago

Capital reduction do not strengthen capA balance sheet. The disposal of debts laden AAAGL and AAB to AAX did the job of strengthen capA balance sheet.

But then again can AAX survive with the heavy debts and impairment of goodwill in year to come? If not then AAX will fall into PN17.

3 days ago

To be or not to be,,Now up to Bursa..

https://newsroom.airasia.com/news/2024/12/23/capital-a-submits-regularisation-plan-to-bursa-malaysia-to-exit-pn17#gsc.tab=0

3 days ago

To Our Success All Stars!!!!

3 days ago

Malaysia Airlines (MAS) has received substantial financial support from the Malaysian government over the years. Here are some key figures:

1998: The government bought back a controlling stake from businessman Tan Sri Tajuddin Ramli.

2002: Another bailout was required due to continued financial struggles.

2014: Following the tragic incidents of MH370 and MH17, the airline received significant financial support to restructure and stabilize.

2014: Khazanah Nasional Bhd injected RM6 billion into MAS.

2018: MAS received a total of RM28 billion from Khazanah Nasional Bhd

In contrast, Singapore Airlines (SIA) has had a more stable financial history and has not required as many bailouts. However, during the COVID-19 pandemic in 2020, SIA received a substantial financial package from the Singapore government to help it navigate the crisis.

When Tony Fernandes took over AirAsia in 2001, he did receive some funding. He and his partners bought the heavily indebted airline for a token sum of 1 Malaysian Ringgit (approximately USD 0.25) and took on debts of around USD 11 million (RM 40 million). Fernandes mortgaged his home and used his personal savings to acquire the company, which was then losing money

Now you know why we loves Capital A....

Meow Meow Meow

3 days ago

Thanks for your insight @ Mabel !!

3 days ago

fregend

somehow this counter can never die, tony magician

3 days ago

RobinHootnShoot

It will go up to RM1.50 at least after PN17 is lifted

3 days ago

abidinaa

Historically Q4 is the strongest. This time the following Q1 will be packed with CNY and Raya travellers. We are looking forward to amazing QR because RM/USD is forecasted to be hovering around 4.5 or maybe lower because the US inflation data is getting even lower which may force Fed to lower the interest rate. So get ready to accumulate and prepare to buy additional lorries or even vaults. It's gonna be a very very merry QR.

3 days ago

Haha today Lady Sapura is sitting on P1 today in Mabel Malaysia (16.67%). Loves to see these 2 National Assets (Sapnrg (16.67%)and Capital A (1.02%) complete turnaround. Happy to be part of their success stories. Sapnrg 3rd Generation of Leadership under PNB is clean from cronyism and corruption. Beside, they are not so keen on Birkins.

The cost of holding is actually minimal. It is actually much much much much much much lower than Big Brother PNB is holding. If they can tahan so can Mabel. Beside the Capital Gain and Dividends from the 14 counters can easily cover this cost. It's part of the learning cost to see a potential great turnaround stories.

https://theedgemalaysia.com/node/738865

To Our Success Everyone!

Meow Meow Meow

3 days ago

Capital A Aduka : Tak lama lagi kita bolih terbang sayang

Lady Sapura : Sabar sayang, tak kan lari gunung di kejar. Kita ke bulan tahun 2025...

3 days ago

Many other airlines already fully recovered and make a lot of money the last 2 years.

Only capA still suffered from long covid and unable to make any money from flying people. Either Stony do not know how to make money flying people or the lessors are squeezing Stony ball for what its worth.

3 days ago

williamh

Capital reduction mean very paintful to small investors,maybe 10 become 1.

2 days ago

williamh

Many has over sight the capital reduction impactful and think IT will fly to 1.50,but the value has to reduce to 10 become 1 Share.only big timer gain

2 days ago

CapA capital reduction is just an accounting adjustment of share capital. It did not involved share consolidation. After all most of aviation billions in net liabilities will be transfered to AAX

Unlike AAX debts restructure (0.1 sen for every ringgit owed), capital reduction, share consolidation (10 to 1) and PP

2 days ago

TradingFUN

page 14 of regulasation plan

For the avoidance of doubt, the Proposed Capital Reduction will not result in:
(a) any change in the total number of issued ordinary shares in Capital A (“Capital A
Shares”), the RCUIDS or the warrants 2021/2028 in the Company (“Warrants”);
(b) any payment to the shareholders of the Company; and
(c) any adjustment to the reference price of Capital A Shares, the RCUIDS or the Warrants.
Each shareholder will hold the same number of Capital A Shares representing the same
percentage shareholding in the Company before and immediately after the completion of the
Proposed Capital Reduction.

2 days ago

TradingFUN

Cap A will complete the recovery by Q4 this year.
2025 with all planes flying will reflect the full potential of the financial performance.

2 days ago

Anw412

even though the RP was delayed few times but in terms of timing this is the best time to submit it.
1. Almost full capacity recovery in Q4.
2. Additional new aircrafts coming in.
3. ADE's new hangar completed and ready to serve bigger MRO market. Look out for this.
4. Teleport also performing well and gaining more market share.
5. Santan & MOVE will also grow in tandem with AA capacity growth.

I will hold on until all RP completed then decide after that. Things are looking comfortable barring any new crisis.

2 days ago

I'm with you guys and thanks for sharing...

There were 55 IPOs on Bursa Malaysia in 2024, marking the highest number of listings in 19 years

https://www.thestar.com.my/business/business-news/2024/12/20/bursa-malaysia-records-highest-number-of-ipos-in-19-years-with-55-listings-in-2024

Unfortunately, Quality always beats Quantity as these 55 IPO fail to lift up Bursa Malaysia up. What we need is to nurture the current National Treasures so they can be another Ferrari. A good example is when YTL and YTL Power was cleared by MACC, they managed to pull KLCI above 1600 last week with or without Foreign Funds…

Mabel is expecting the same from this National Treasures soon...

Meow Meow Meow

2 days ago

Concur ..CapA is a Ferrari! Why put in the garage?...Let do some showboating.

2 days ago

What Comes Next after RP?

https://skift.com/2024/12/23/capital-a-seeks-to-clear-distressed-status-with-1-3b-capital-cut/

2 days ago

The_JQuestion

JUST accounting from DAY 1 tony told... meanwhile a lot of golden companies left in cap A >>> TELEPORT , ADE waiting for thier individual IPO debut.... wow AMAZING tan sri ! he will make it happen before his last tenure ,, making value for MALAYSIAN markets now all depends on the REST after his time is over

2 days ago

30 September 2024: 30 June 2024
USD/MYR
Average rate 4.4566: 4.7323
Closing rate 4.1065: 4.7205

Quarter ended 30 Sep 2024
Foreign exchange gain/ (loss)
Realized: RM 74,800 000
Unrealized: RM 2,195,000,000

So if 30/12/2024 USD/MYR ended at 4.50 what will be the Foreign exchange loss?

2 days ago

CapA is a LCC airlines or our Myvi where everyone can afford to at least owned one.

"Now Everyone Can Fly” is the tagline of AirAsia, a low-cost airline based in Kuala Lumpur, Malaysia

Can everyone afford a "Ferrari"?

2 days ago

Hold saja as it will up slowly till PN17 upliftment !! Be patient

1 day ago

"A Marathon is 42Km.Have to go another 2Km to go to the finish line"..well said.

1 day ago

Income

Japanese mathematician Kenji Fukaya, another prize-winning scholar, expressed hope that more Chinese-origin researchers would return home to teach and help build a strong community of highly skilled mathematicians. Fukaya recently left the U.S.-based Stony Brook University in September to become a full-time professor at Tsinghua University.

？

Stony Brook University
Pun Ada university dengan nama stony.. Haha

1 day ago

stony new book?

1 day ago

Income

Incredible stony wifey , no wonder
https://youtube.com/shorts/E95hlUc4Z6M?si=1uOyA6eT2n0rFzen

1 day ago

Top up 1.00 or below …

7 hours ago

DickyMe

The government will not help kapeh companies.

7 hours ago

BlackQ

Tony said a word “huge”….. what is this “huge” mean….

7 hours ago

The biz model is the subject of of airline jokes n complaints but price sensitive travellers pack the airports n planes.Its can win a price war against its competitors in its market because of its low cost structure.Its offers some niche products n routes that made it the fastest biggest growing airline in ASEAN, n has a large order of planes for future capacity.

7 hours ago

Even the CEO came out and said We pay all refunds!

7 hours ago

Stony never know how to make money flying people all this while it is about booking big quantity of airplane at disccount price and then formed wholly owned leasing company to lease airplanes to JV and charged JV high management and airplanes lease fee (AA Japan bankrupt, AA India sold to JV partner, AA Thai restructure and sold to AAV, AA Philippine Stony bailout local JV and AA Indo still waiting for restructure) and then sold the airplanes to other lessors (under sold and lease back) report big earning with big dividend back to Stony.

And the cycle repeat again unfortunately covid-19 disrupt the cycle and capA laden with "huge" lease payments and deferred lease payment to lessors.

6 hours ago

Being sick at the airport.

We call this terminal illness!

6 hours ago

"Huge" lease payments and deferred lease payment to lessors.
The above huge mean:
Lease liabilities
The lease liabilities amounting to RM15.9 billion includes deferred aircraft leases of approximately RM1.0 billion (after the issuance of Revenue Bond to restructure deferred lease of approximately USD 243 million) The lease liabilities are supported by ROU assets of RM12.1 billion.

Repost:
9 months ended 30/9/2024
RM '000
Cash generated ftom operation 2,365,608
Net cash generated from operating activities 2,162,677

So is cash flow enough to pay what Stony reply in AGM minutes?
The majority of the liabilities of Aviation/AAX are lease liabilities of RM20 billion that will be repaid over the tenure of lease ranging from 12 to 18 years.
Current lease liabilities of RM5 billion represent lease payment due within 12 months and will be serviced by operating cash flow for the next 12 months.
Aviation is expected to generate positive cash flow to service its liabilities going forward, that is supported by valuation of both AAB and AAAGL under the DCF method

Or
Cash flow from financing activities
RM '000
Proceed from borrowings 1,551,768
Repayment of borrowings (524,519)
Repayment of lease liabilities (2,621,956)

6 hours ago