KLSE (MYR): CAPITALA (5099)
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Last Price
0.705
Today's Change
+0.005 (0.71%)
Day's Change
0.70 - 0.715
Trading Volume
3,544,800
Market Cap
3,000 Million
NOSH
4,255 Million
Avg Volume (4 weeks)
8,829,070
4 Weeks Range
0.675 - 0.74
4 Weeks Price Volatility (%)
52 Weeks Range
0.64 - 1.12
52 Weeks Price Volatility (%)
Previous Close
0.70
Open
0.70
Bid
0.705 x 460,800
Ask
0.71 x 692,100
Day's Range
0.70 - 0.715
Trading Volume
3,544,800
Latest Quarter | Ann. Date
31-Dec-2023 [#4] | 29-Feb-2024
Next QR | Est. Ann. Date
31-Mar-2024 | 31-May-2024
T4Q P/E | EY
3.58 | 27.90%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
-2.04 | 0.00
T4Q NP Margin | ROE
3.44% | 0.00%
Sector: CONSUMER PRODUCTS & SERVICES
Sector: CONSUMER PRODUCTS & SERVICES
Subsector: TRAVEL, LEISURE & HOSPITALITY
Subsector: TRAVEL, LEISURE & HOSPITALITY
Description:
Capital A Berhad, formerly AirAsia Group Berhad, is a Malaysia-based investment holding company, with a portfolio of synergistic travel and lifestyle businesses. The Company's portfolio businesses comprise of Aviation, Asia Digital Engineering (ADE), Digital, and Ventures. Its digital business include travel, e-commerce and fintech services via the airasia super app; fintech services through BigPay; logistics, freight chain and home delivery via Teleport. The Company has 16 products and services on its airasia super app.
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!
2 weeks ago
Stony can dream on so are many regional LCC in SEA.
Stony still live in his nostalgia year where AA rule the SEA sky and he set his big plan for AA India and AA China.
2 weeks ago
CapitalA International;
Investment Highlights
Owner and licensor of the renowned AirAsia brand, with an iconic presence in airline, travel, and lifestyle, CAPI taps into the growth resurgence of Asia’s largest low-cost carrier and supported by a robust order book.
Operating an asset-light business model, the business generates strong operating margins with minimal inventory and working capital requirements, fortified by stable and recurring revenue stream from royalty fees, driving free cash flow.
The company benefits from access to Capital A's ecosystem, boasting over 50 million users, 22 million loyalty members, and over 56 million social media followers, expanding brand reach and enhancing CAPI’s brand-building capabilities.
Based in Asean, one of the world's fastest-growing economies poised to become the fourth-largest by 2030, the company has a substantial addressable licensing global market of $341 billion, with the Asean market accounting for $5 billion, growing at an impressive 13% annually, outpacing the global average.
Abundant opportunities exist to develop the brand platform:
Extend the AirAsia brand beyond the travel sector by expanding into new industries, categories and geographies through in-house ventures or joint ventures;
Develop new brands that capitalize on the strength of the Asean markets;
Creating character intellectual property and enhance value through partnerships and merchandising; and
Acquire and grow other Asean-based brands
The company is guided by an experienced management team with a successful track record in brand management.
Editor’s Note: Asean (Association of Southeast Asian Nations) is a political and economic union comprised of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
Key Transaction Terms
Under the terms of the proposed transaction, CAPI will combine with Aetherium and become a publicly traded entity. The transaction reflects an estimated value for CAPI of $1.15 billion. Although the Boards of both CAPI and Aetherium have unanimously approved the transaction, the transaction remains subject to the approval of Aetherium stockholders and other customary closing conditions. Additional information about the transaction, including a copy of the Business Combination Agreement will be available in a current report filed by Aetherium on Form 8-K with the U.S. Securities and Exchange Commission (“SEC”), which may be found at www.sec.gov.
2 weeks ago
Unaudited NA of Brand AA as at 31 December 2023 is RM 14.24 million.
Brand AA Sdn Bhd is the entity has the rights to collect royalty fees from AirAsia Aviation Group Limited (AAAGL), the exclusive licensee of the AirAsia Brand for AAAGL’s aviation related business.
The royalty fee rate amounted to 1% of revenue from AirAsia’s four airlines in Malaysia, Thailand, Indonesia and the Philippines. Similarly, for AirAsia X and Thai AirAsia X, the fee is 0.5% and 1.5%, respectively.
In addition to the AirAsia brand, CAPI holds the intellectual property rights for 14 other renowned brands and over 224 trademarks spanning 23 countries. CAPI's platform integrates brand strategy, creative marketing and intellectual property development to strategically position its brands and cultivate cultural significance among consumers. The company intends to leverage the brand value of AirAsia through further licensing while implementing its successful strategy to propel and expedite the growth of its intellectual property portfolio
2 weeks ago
1% of 4 bil is 40 million.... in one quarter alone :)) .... so the more they sell , the more they get !! wow brilliant , NASDAQ gonna love this gem... sure UNTUNG ???<<< what kind of genius idea , tony to the moon ( more value than Bitcoins )
2 weeks ago
pn17 = peanut for capital A under the captain tony who MOVE the business ... all the great MOVEs... its going to MOVE... Are u ready to MOVE?
2 weeks ago
Sslee paper loss 2.5c in SCIB but only working very hard in Capital A instead.🤔
2 weeks ago
Stony is just taking away from capA aviation its future earning/bottom line and give it to CAPI.
Do I need to worry about SCIB?
SCIB already turn around and going to get many more project in Sarawak?
By the way a 20,000 unit is my support for i3lurker. I3lurker never recommend any stock before, this is his first recommendation. I will keep that 20,000 units till 01/01/2025 or it reach RM 1.00.
2 weeks ago
Better be careful of setting TP now in i3.
There is an cuckoo lady roaming around asking how you set TP
“ By the way a 20,000 unit is my support for i3lurker. I3lurker never recommend any stock before, this is his first recommendation. I will keep that 20,000 units till 01/01/2025 or it reach RM 1.00.”
2 weeks ago
Mike-tikus trapped at jaks 19 floor, look like floor 19 already collapse and Mike-tikus blowwater about his jaks 1 sen is 6 digits gain/lose.
Mike-tikus how much your jaks book lose now?
2 weeks ago
Hit turbulence in 4Q23
Return-to-service maintenance cost caused 4Q23/FY23 results to come in below our expectations but they will normalise going forward. More importantly, fares are rising on reduced competition. Our FY24E/FY25E earnings are little changed on housekeeping (i.e. MYR2m/+MYR2m). We also introduce FY26E estimates. Our SOP-TP is tweaked up to MYR0.94 from MYR0.92. Going forward, we still expect future quarters to generate narrower losses and eventually breakeven.
2 weeks ago
Value Proposition
Asia’s leading low cost carrier with highest market share,largest fleet size and most extensive route network.
Operates in 4 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 fuelling growth in demand for air travel.
Won the coveted ‘World’s Best LCC’ award for a record 14 times in a row by Skytrax
2 weeks ago
BTW are there any Airlines out there that has Won the coveted ‘World’s Best LCC’ award for a record 14 times in a row by Skytrax?
Hihihi...
To Our Success!
Captain Mabel Meow
2 weeks ago
Scam
the reviews you find on Skytrax are bought and paid for, you can't trust them at all It's a scam from end to end! This is really something the EU Commission should look into, as this is customer deception!
Date of experience: 07 September 2023
https://uk.trustpilot.com/review/www.airlinequality.com
2 weeks ago
i think this bali de bilis is delusional... he take europe airline before? u know how bad are their service. like this bilin no smile no service ... compare to our MH and aa and Sq ... easily best , now middle eastern are the tops
typical bidin ... everything white MUST be good haha , white propagandist
2 weeks ago
CAPITALA’s FY23 results disappointed as it was unable to push yields higher. Its positive EBITDA was completely erased by depreciation, aircraft leasing charges and finance cost. There is an urgent need for it to firm up on its PN17 regularisation plan. We maintain our FY24F forecasts, TP of RM0.78 and MARKET PERFORM call.
It reported a core net loss of RM450m in FY23, against our full-year net loss forecast of RM33m and the full-year consensus net loss estimate of RM352m. We believe the variance against our forecast came largely from its inability to push yields higher without eroding demand.
2 weeks ago
thats why he is called Mike🐖, a real 🐽, slaughtered for bacon. 😋
Mike🐖 purposely intentionally with mens rea to cheat scam con defraud steal rob burglarize forcefully and criminally excluded another RM7.028 Billion engine repair bills mandated by contract as an integral structure, payable, equal ranking and essentially also leasing charges.
also the sales in advance of RM2 Billion
2 weeks ago
You can never ever understand the crooked deviant dark damaged dead end road criminal mind of Mike🐖.
What can he hope to achieve by criminally excluding RM 9 Billion in attempted swindle of Suiyee Sucker Billis?
2 weeks ago
If the deal go thro' value capI at USD 10 and more likely than not on the first day of capI trading Stony and gangs will sell their capI holding to take profit.
Specifically, the deal entails CAPI to merge with GMFI and takes over the latter’s listing status, CAPITALA will receive 94% of the enlarged share capital in the merged entity or CAPI at a value of USD1b. Of the 94%, CAPITALA plans to distribute a 47.9% stake in the merged entity to shareholders. After the proposal, CAPITALA and CAPITALA shareholders will hold 46.1% and 47.9% stake in CAPI, respectively. The remaining 6% will be held by existing Aetherium shareholders. Brand AA will take on a USD150m term loan currently held by CAPITALA’s unit, Asia Aviation Capital Ltd (Labuan).
2 weeks ago
sslee when u selling the 1000 lots u bought , once u buy anything become heavy
i know u have the capable to buy more lots than tony... go for it , maybe u can finally sit on the board *aherm*
1 week ago
Chinese leadership does what is best for China and the Chinese people.
US leadership does what their donors want.
1 week ago
Coming three months, headwind in all spheres of life.
CapitalA have to fight for survival.
1 week ago
https://www.astroawani.com/berita-malaysia/juruterbang-batik-air-tertidur-di-tengah-penerbangan-461560
Don't worry Mabel always feel safe and secured flying Mabel Airlines (Capital A, Singapore Airlines and Scoots Airlines)..
Captain Mabel Meow
1 week ago
KUALA LUMPUR (March 11): The Ministry of Tourism, Arts, and Culture anticipates tourist arrivals in Malaysia to reach 27.3 million, with an expected income of RM102.7 billion, in 2024.
1 week ago
So, good to check in to board today for north lfight or what, Captain Mabel? You don't sleep in the cockpit in batik lah
1 week ago
"He" has a medical condition, skin issues in plural that mandates taking air baths so sleep inside Cock_Pit stark naked. The banana thing will swing freely.
Posted by EngineeringProfit > 2 hours ago | Report Abuse
So, good to check in to board today for north lfight or what, Captain Mabel? You don't sleep in the cockpit in batik lah
1 week ago
Very suprised why Stony so quiet and did not protest the increase?
KUALA LUMPUR (March 12): Batik Airline is hoping for a better standard of service for use of the facilities at Kuala Lumpur International Airport (KLIA), following the decision by the Malaysian Aviation Commission (Mavcom) to standardise the passenger service charges for all international flights out of KLIA or klia2 and other airports at RM73 by June 1 — which will effectively raise the rates for Asean-bound flights from RM35 to RM73.
6 days ago
stony confirm don wanna pay lol...... this MAHB another blood draining co.. nvr improve , clueless , just taking money from all of us and do ntg... typical gov way of subcon/crony
no service no value no return
5 days ago
I believe a company in distress should be ascertained not on balance sheet historical numbers, or accounting, but on cash flow. Is this company liquid? Is it making money? Does it have a future?
Haha good one from Stony on PN17 defination.
So did capA generating any positive cash flow to pare down debts and current liabialities?
Who are you try to kid Stony?
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)
5 days ago
aax can leave PN17 Not bcos management can inject Cash into Balance Sheet. But comes from a Bankers
Hair Cut----Now buying AA means injecting 12Bil Debt "again" into B/S----Meaning Bankers are again
ask for another Hair-Cut next year? bankers so excited for a hand-shake. I think manyak susah----This Boat is Full of Holes
5 days ago
Actually, I have a question for Tony & the Board,
instead of selling AA aviation business to AAX, in turn put heavy burden on AAX,
can CapA do a revaluation on its aviation business as material costs, building costs for plane, and also the second hand value for plane had risen, and then realized its excess value as goodwill, therefore improves the balance sheets without even selling the aviation business?
After all, CapA is making hefty money, if given sufficient time I'm sure it can pay off all its debts.
4 days ago
Tony should not be too aggressive on expansion plan, instead should concentrate on improving the balance sheet, or else it is not different from building an empire of debts.
4 days ago
New out of PN17 option without selling AA Aviation business to AAX:
Action 1:
Assume excess valuation for each plane of US$3.8mil. Or may be higher! LOL
Total 219 air planes yield excess value gain of RM3,821mil (1US$ to RM4.5915)
Action 2:
Don't give free CAPI shares to CapA investors, but instead use it to double the goodwill from US listing.
Goodwill RM2.36 bil to RM4.72 bil.
Action 3:
Make agressive profit target for 2024: RM2 bil net profit after tax. LOL
Action 4:
Stop buying new planes for one year. LOL
To get out of PN17:
Total Equity Deficit = - 10,469.5 mil (RM)
Valuation gain = 3,821.0 mil (RM)
US Listing Goodwill = 4,720.0 mil (RM) [Note: No free CAPI share to CapA investors.]
2024 Profit target = 2,000.0 mil (RM)
--------------------------------------------------------------
Net Cap-A Equity = 71.5 mil (RM)
== 1.7c NAPS
4 days ago
Almost all AA planes are lease planes from lessors.
The amount owed to lessors had snowball into
Current lease liabiliaties as at:
31/12/2023: 31/12/2022
RM'000: RM'000
5,259,638: 4,440,844
So do you think CapA can make enough cash flow to pay the current lease liabilities of RM 5,259,638,000 in 2024?
By the way if capA do not pay lessors tge lease rentals then lessors have the right to take back the lease planes.
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.
4 days ago
Agreed All leased Planes---after Tony gave back 2 billion Cash to investors, mainly himself (to settle 800mil
personal Loan ) The Real reason why AA cannot Get Loan from Bankers bcos Banks wants Tony &
Kama as Guarantor---Both have no money in there Saving Acct---how to guarantee?
4 days ago
Lets get MOVE ing...
https://www.bangkokpost.com/business/general/2759441/airasia-move-aims-to-be-top-low-cost-online-travel-agency
2 days 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 weeks ago