CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

0.685

Today's Change

+0.015 (2.24%)

Day's Change

0.67 - 0.69

Trading Volume

5,976,300

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
124 people like this. Showing 50 of 166,549 comments

Mabel

Sslee This is because MAS reset it Balance sheet with a debt restructure whereas capA Balance Sheet is a total disaster.
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)


Malaysia Aviation Group Awarded the ‘Restructuring Deal of the Year’ Award at The Aviation 100 Deals of the Year Awards 2022
13 MAY 2022|MALAYSIA AVIATION GROUP
KLIA, 13 May 2022: Malaysia Aviation Group (MAG) has emerged as the winning entity for ‘Restructuring Deal of the Year’ at the Airline Economics’ The Aviation 100 Deals of the Year Awards 2022 following the successful restructuring exercise, which saw the Group reduce its liabilities of over RM15 billion and eliminating RM10 billion in debt mounted from decades-long issues of its balance sheet.
23/03/2024 11:52 AM

Sslee

How does MAG do it?

Didn't know they are Magician too..

Meow

2 weeks ago

Sslee

AAX and MAS get it done and over with. The question is why capA does not do it when the iron is hot?

Lessors will now just call back their planes if you are late in lease and interest payment.

2 weeks ago

Sslee

Cap A lease payment to lessors are now:
Quarter end 31/12/2023
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

2 weeks ago

DickyMe

Buy order placed!

2 weeks ago

Mabel

DickyMe Buy order placed!
08/04/2024 11:08 AM

Haha bought oledi. Been in and out of this counter many times. BUY LOW SELL HIGH and oledi locked profits. Holding cost is so good..always GREEN as this counter P&L is very positive and has always been positive.

Mabel loves this operator. So holding CapitalA is never a problem..

Now waiting for the real breakout...

To New York with loves...

Captain Mabel Meow

2 weeks ago

thesigncom

headless chicken with no clear direction at the moment

2 weeks ago

DickyMe

"DickyMe

Buy order placed!

6 hours ago"
=====================
Update: ALL MATCHED!

I am in the game! Giddy Up!, Tony!

2 weeks ago

Mabel

Meow Meow Meow Dicky!

To New York with Loves with Tony..

2 weeks ago

JrWarren

Worry about capital gain in CAPITALA and no dividend ?
Why dont buy loan stock to enjoy 8% interest and convert loan stock into mother stock once CAPITALA share price go beyond exercise price of RM0.75?

After listing in USA, you also can buy their USA shares to enjoy royalty income payout first while waiting share price go up.

Cashflow (dividend, interest, royalty) is a form of motivation to keep me hold this share (asset).

Work smart and not wait hard.

2 weeks ago

riskabsorber

Count down 83 days.

2 weeks ago

Sslee

KUALA LUMPUR (April 9): The negotiation period for Capital A Bhd’s sale of AirAsia's aviation business to AirAsia X Bhd (AAX) has been extended for the second time to April 30, 2024, the two listed companies said.

Capital A and AAX have mutually agreed to extend the negotiation period for the sale of the aviation subsidiaries, namely AirAsia Bhd (AAB) and AirAsia Aviation Group Ltd (AAAGL), their respective filings showed.

The negotiation period, which was initially set for two months, was first extended to April 15.

2 weeks ago

ronaldotheGOAT

Capital A and AirAsia X say they need until April 30 to negotiate disposal of aviation business

https://www.nst.com.my/business/corporate/2024/04/1036184/capital-and-airasia-x-say-they-need-until-april-30-negotiate

2 weeks ago

DickyMe

90 sen coming soon!

2 weeks ago

newbietrader9

it's the time of the season
love runs high

2 weeks ago

The_JQuestion

extension for share price to shoot up. 20 days for cap A to reach 1.00 +++ , we going to raya raya raya

2 weeks ago

Sslee

How to close the deal when capA aviation is in deep debts and AAX do not have the money to bail out capA?

2 weeks ago

EatCoconutCanWin

Merger good job. This time double down my investments

1 week ago

Income

Rule no. 1: Stony is not making donations.
Rule no. 2: Always remember rule no. 1

1 week ago

Income

No alcohol challenge

1 week ago

stockraider

Avoid loh!
High chance alot of people got kon loh!

1 week ago

EatCoconutCanWin

Is time to average

1 week ago

JrWarren

If Microsoft is making a video specially for Malaysia, the international investors are focusing on Malaysia too.
More opportunity / travel to Malaysia? We will find out in future.

https://www.youtube.com/watch?v=VcSJ4tRHq-Q

1 week ago

EngineeringProfit

Wait....the International Society of Royal Artificial intElligence and Liberty is making a part two video on how human can insult their own religion by making it the world laughing stock, entitled from socks to shoes, floor mat and burger wrapping paper in the drain

1 week ago

The_JQuestion

Airport green ... cap A nvr follow
Airport RED.... cap A ikut !! oh well ,, hodlll!

1 week ago

Sslee

BOD of CapA is now come out to clarify that contrary to the report, there was no media interview conducted on March 4, 2024, with The Edge or any other entity.

So who is telling the true? Stony or theedgemalaysia?


OTHERS CAPITAL A BERHAD ("CAPITAL A" OR "THE COMPANY") CLARIFICATION ON NEWS ARTICLES FEATURED IN THE EDGE MALAYSIA ON 15 APRIL 2024
CAPITAL A BERHAD

Type Announcement
Subject OTHERS
Description CAPITAL A BERHAD ("CAPITAL A" OR "THE COMPANY")
CLARIFICATION ON NEWS ARTICLES FEATURED IN THE EDGE MALAYSIA ON 15 APRIL 2024
We refer to the news article titled “Capital A seeks private placement to raise up to US$400 mil, say sources” in The Edge for the week of 15 April 2024 to 21 April 2024.

The Company wishes to clarify that contrary to the report, there was no media interview conducted on March 4, 2024, with The Edge or any other entity.

We wish to inform the shareholders that Capital A currently does not have any intention to undertake a private placement of new ordinary shares in Capital A of up to USD400 million. However, the management is in the midst of exploring a potential fund-raising exercise by its aviation business. The evaluation is still in its preliminary stage and the Board of Directors has not been presented with firm proposal to deliberate on. Shareholders are advised not to speculate in the trading of shares of the Company.

The Company will update the shareholders if there is any material development of the above matter in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

The management intends to request The Edge to retract the report to ensure accurate representation.

This announcement is dated 15 April 2024.

1 week ago

TonyHandsMan

another timing to average down

1 week ago

TerrenceLim

How many time u can average down?

It is a scam stock

6 days ago

Sslee

Just wonder why people wants to average down a hopeless PN17 capA?

Still The No. 1 Rule For Stock Market Investors: Always Cut Your Losses Short

Judo masters begin not by learning how to throw, but how to fall. They practice this skill until it's as natural as breathing. No matter how many times they're flipped, they can rise to fight again.

Highly successful stock pickers go through similar training: They must learn how to cut their losses short. This means selling a stock when it's down 7% or 8% from your purchase price.

Sounds simple, but many investors have learned the hard way how difficult it is to master the most important rule in investing.

No one wants to sell for a loss. It's an admission that you made a mistake. But if you can set your ego aside, you can take a small loss and still be fit enough, both financially and mentally, to invest the next day. Cutting losses quickly prevents you from suffering a devastating fall that's too steep to recover from.

6 days ago

Mabel

Meow Handsome Sslee...

The principles of Judo offer valuable insights that can be applied beyond the martial art itself. Judo’s approach to winning aligns with successful investing:

Adaptability and Resilience: Judo masters learn how to fall gracefully and recover swiftly. Similarly, successful investors understand that setbacks are part of the game.
Just as a Judoka adapts to their opponent’s moves, investors must adapt to changing market conditions, economic shifts, and unexpected events.

Cutting Losses Short: In Judo, knowing when to concede a throw or hold is crucial. Sometimes, it’s better to yield and avoid injury than to resist and suffer a defeat. Similarly, successful investors recognize the importance of cutting losses. If a stock is declining significantly, they sell early to limit losses rather than hoping for a rebound.

Risk Management: Judo practitioners assess risks during a match. They calculate the probability of success for each move. Investors should also evaluate risks. Diversification, position sizing, and setting stop-loss levels are essential risk management techniques.

Timing and Opportunity: Judo throws require precise timing. A well-executed throw catches the opponent off guard. In investing, timing matters. Recognizing opportunities (buying low) and knowing when to exit (selling high) are critical skills.

Leveraging Strengths: Judo leverages an opponent’s strength against them. A smaller Judoka can defeat a larger opponent by using their momentum. Similarly, investors should play to their strengths. Understand your investment style, risk tolerance, and expertise.

Emotional Discipline: Judo teaches emotional control. Reacting impulsively during a match can lead to defeat. Investors must remain disciplined, avoiding emotional decisions driven by fear or greed.

Continuous Learning and Improvement: Judo practitioners train relentlessly to refine their techniques. Successful investors also learn continuously, adapt to new information, and improve their strategies.

Remember, just as a Judoka rises after a fall, investors can recover from losses by staying disciplined, learning from mistakes, and persistently pursuing their financial goals. It’s all about managing excpectation, the rest is technology

6 days ago

Mabel

Watashi-tachi no seikō no tame ni

6 days ago

Mabel

The best person to answer this is Tony himself. Yes, Capital A Berhad, the parent company of AirAsia, has indeed taken steps to dispose of its aviation business. Here are the details:

1. Disposal of Aviation Business: Capital A has entered into a non-binding letter of offer with AirAsia X Berhad (AAX) for the proposed disposal of its aviation business. This includes AirAsia Berhad (AirAsia Malaysia) and AirAsia Aviation Group Limited (subsidiaries in Thailand, Indonesia, Philippines, and Cambodia).

2. Strategic Move: The goal is to streamline the group and facilitate a business-centric valuation of separate entities. By selling the aviation business to AAX, Capital A aims to create an aviation pure play under the AirAsia brand. This move is expected to unlock greater value for shareholders.

3. Benefits: Focused management and a clear strategic direction will enhance the aviation business’s capacity for growth and profitability. Separating the aviation business allows non-aviation businesses within the group to be recognized for their intrinsic value and potential.

4. Exit from PN17: Following the disposal, Capital A shareholders will become shareholders of the two strong listed companies (aviation and non-aviation). The decision aligns with market preferences, providing clearer understanding and valuation.

5. Regularization Plan: Capital A is in the final stages of finalizing its PN17 regularisation plan. The group aims to submit the plan to Bursa Malaysia in the near future. The plan involves creating a pure aviation play and lifting the PN17 status.

In summary, Capital A’s strategic disposal of the aviation business aims to improve financial stability and create distinct entities. Exiting PN17 involves implementing the regularisation plan and focusing on both aviation and non-aviation ventures

Source:

https://www.businesstoday.com.my/2024/01/08/capital-a-disposes-aviation-business-to-airasia-x/

https://www.thestar.com.my/business/business-news/2023/06/02/capital-a-to-unveil-pn17-regularisation-plan

5 days ago

riskabsorber

Counting down 7 trading days to see CapitalA in suspend/ delist.

4 days ago

geary

CapitalA Weekly Pivot Point Momentum!
S2: 0.645.
S1: 0.67.
PIVOT: 0.70.
R1: 0.725.
Negative Momentum....may trend lower!?
Dis: Trade at your own Risk!

4 days ago

Mabel

The risk of war between Iran and Israel has never been this high before. Dow Futures are down about 450 points and Nikkei 225 is down over 1,000 points. South Korea and Taiwan are down over 4%. I suppose many investors are now seeking refuge in Dividend Banking stock which excel today.

KLCI is the only Stock Exchange in Asia Pacific that is holding the GREEN Banner. The rest of Asia are having period.

At the local front, Capital A continue to be battered by the rising oil prices. Capital A may face higher jet fuel costs amid rising geopolitical tensions in the Middle East according to Mabel’s Maybank IB analyst. Jet fuel spot prices have remained close to his projected figure of $105 per barrel at present, hovering at $104/bbl, he notes. However, he expects that for every $1/bbl increase in jet fuel price, that would widen or trim his estimate for Capital A's core net loss or profit by about MYR50 million and his sum-of-parts target price would decrease by MYR0.03. He thinks Capital A may pass on the higher fuel costs to passengers without affecting load factor too much, given limited competition. Maybank maintains a buy rating on Capital A and keeps its target price at MYR0.94. Shares are 0.8% higher at MYR0.655. Support 1 at 67 sen has been breached and Mabel is waiting to collect Capital A starting from 64.5 sen at Support 2.

Let's hope some nice uncles and aunties will sell next week

Meow

4 days ago

BeeTheTrader

I am still having a BIG HOPE on this counter.

3 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Fiscal year is January-December.
All values MYR Millions. 2023 2022 2021 2020 2019
TOTAL EQUITY -10,469 -9,517 -6,423 -3,570 2,911
TOTAL ASSET 27,907 19,928 20,030 19,866 25,595

CASH AND EQUIVALENT 703 470 1,257 533 2,588
ST DEBT & CURRENT PORTION OF LT DEBT 6,241 4,872 4,793 4,263 2,614
LT DEBT 17,444 13,123 11,812 9,461 10,275
TOTAL DEBT 23,685 17,995 16,605 13,724 12,889
NET CASH (DEBT) -22,982 -17,525 -15,348 -13,191 -10,301

ACCOUNT RECEIVABLE 878 334 308 309 178
ACCOUNT PAYABLE 1,546 1,243 1,306 1,420 601

3 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Fiscal year is January-December.
All values MYR Millions. 2023 2022 2021 2020 2019
NET INCOME 837 -2,626 -2,991 -5,112 -316
NOSH (DILUTED) 4,185 4,053 3,786 3,342 3,342
FREE CASH FLOW 782 -373 -726 -2,259 1,792
DIVIDENDS #VALUE! #VALUE! #VALUE! #VALUE! 3,409

3 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

FISCAL YEAR ENDING 2023
PRICE 0.65

MARKET CAP (MILLION) 2,720.25

ROE -8.00%
ROA 3.00%
P/B -0.26
P/E 3.25
EARNINGS YIELD 30.77%
DIVIDEND YIELD #VALUE!

3 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Fiscal year is January-December.
All values MYR Millions. 2023 2022
Sales/Revenue 14,772 6,437
Sales Growth 129.48% 282.50%
Cost of Goods Sold (COGS) incl. D&A 13,745 7,695
COGS excluding D&A 12,016 6,245
Depreciation & Amortization Expense 1,729 1,449
Depreciation 1,728 1,442
Amortization of Intangibles 1 8
COGS Growth 78.63% 83.65%
Gross Income 1,027 -1,257
Gross Income Growth 181.67% 49.84%
Gross Profit Margin 6.95% -
SG&A Expense 1,288 740
Other SG&A 1,288 740
SGA Growth 74.13% 30.07%
EBIT -261 -1,997
Unusual Expense 8 -494
Non Operating Income/Expense 2,017 -490
Non-Operating Interest Income 99 40
Interest Expense 1,298 1,005
Interest Expense Growth 29.18% 47.82%
Gross Interest Expense 1,298 1,005
Pretax Income 548 -2,958
Pretax Income Growth 118.51% 16.19%
Pretax Margin 3.71% -

3 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Airlines continue to be gruesome businesses.

Long term stock investors shy away from this industry.

Those with the ability to gain from investing in these "special situations" can profit from it. Those without the skill should just look for 1 foot hurdle to jump. 😀

There is a difference between investing and speculating. There is also speculating intelligently and speculating foolishly. Gambling is different from investing and speculating.

3 days ago

Sslee

For once I agreed with 3iii capA aviation business model is a gruesome business

2 days ago

The_JQuestion

splendid .... nasdaq here we come !! book ur tickets now :) , USA and the world

21 hours ago

EngineeringProfit

No buy cheap, no profits later. Buy...buy...buy....

10 hours ago

ken2004

LOL, it is still the same group of people, really consistent lol especially those haters, not sure why want to spend so many time here, salute you all can write so long lol

10 hours ago

stainlyho37

+ve..after clear 0.67....

9 hours ago

pangolin

if quarter report is good for pn17 company , is there any chance capital A back to 80c ??

3 hours ago

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