DickyMe RM 4.50 coimng soon!
02/08/2021 3:53 PM

What happened to RM 4.50 ? Soon?

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DickyMe 30 sen coming soon!
17/12/2021 12:05 PM

"Air Asia will not be classified as a PN17 listed issuer and will not be required to comply with the obligations under paragraph 8.04 and PN17 of the Main Market listing requirements for a period of 18 months from the date of the first relief announcement," the group said in a bourse filing.

The date of the first relief announcement is July 8, 2020, and the 18-month period ends on Jan 7, 2022.


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wolfbroker What will happen in Jan?

Airasia superapp reported a negative EBITDA of RM79.2 million for 3Q21, primarily
driven by investment cost to accelerate expansion of our ecosystem and development of
technology for food delivery platform and unified search.

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Beautyseeker AA should focus on their similar grab services only, i think.

Because cannot fly already
15/12/2021 5:35 PM

So many clueless AA investors. Gonna have a shock on Jan 7, 2022.

Bet lol

If your point is only to earn 'interest' or dividend, without giving a shit about your initial capital, then yes, Correct.

By now, you are losing more money than what you started with. This is not called FD. Correct?

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Since when Ular Tipu. Ular started put FD at 4.XX and keep renewing FD at higher interest rate for the past 6 moons lah.

DickyMee I think you should stop lying to yourself la. Stop calling it FD. It is nothing similar to FD. You are losing big on your investment. You are STUCKED.

Correct?

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UlarSawa Really another otak cacing jus one leh. Malas mau explain lah. Rewind what Ular posted lah. IQ below 100 one all taking the same thing one leh. Correct?

If you uplift now, lose more than 50%?

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UlarSawa Ular wtg to renew FD mah. Sudah cakap many times mah. Takda baca kah. Correct?

13/12/2021 4:25 PM

Jan 7, 2022???

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Light777 Jan 2022 , above rm1
13/12/2021 4:16 PM

Ular bought at what price? Why so desperate keep defending?

Sell or Buy?

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kdginvest Buy now before it's too late
08/12/2021 4:52 PM

Cathay Pacific has cancelled a third of its Friday flights amid the fallout over Hong Kong’s planned tightening of aircrew rules to prevent the Omicron coronavirus variant seeping into the community.

According to live flight data, 23 Cathay services had been axed out of the 67 scheduled to depart Hong Kong International Airport, as of 1.30pm. None of its cargo flights were affected.

No_Sight no longer in sight? Hiding or crying already?

KUALA LUMPUR: AirAsia Group Bhd has revised several important dates for its rights issue of RM978.51 million redeemable convertible unsecured Islamic debt securities (RCUIDS) with free warrants following the declaration of a public holiday for all federal territories on Dec 3, 2021.

The low-cost airline said trading for the rights would start from Dec 6, 2021, instead of Dec 3 as scheduled earlier.

The prospectus and provisional allotment letter of offer, meanwhile, would be despatched on Dec 7, 2021, instead of the day before, it said in a filing with Bursa Malaysia today.

AirAsia also changed the last day and time for acceptance, renunciation and payment to Dec 20 from Dec 17 as well as for the rights cessation quotation to Dec 13 from Dec 10.

The last dates for sale and transfer of provisional allotments will be Dec 14 and Dec 20, respectively, compared to Dec 13 and Dec 17 previously.

The entitlement date -- Dec 2, 2021 -- remains unchanged.

Mabel went in Topglov since RM7+

However, Malaysian citizens and permanent resident pass holders returning to Malaysia from such countries are allowed to enter Sarawak but must fulfill the following conditions:

1. Apply via the EnterSarawak system;


2. Undergo mandatory quarantine for 14 days at designated quarantine stations at the first point of entry into Malaysia, regardless of vaccination status;

3. Home quarantine is NOT allowed;

4. Transit to other destinations is NOT allowed until the quarantine period is complete;

5. Negative RT-PCR swab test result on the 12th day of quarantine before being allowed to be releases; and

6. Travelers from abroad must report their travel history to

officers at the airport.

'Honesty' dupe account of Mabel?

Now Everyone Can Owe?

No_Sight no longer in sight?

ChunChoi1 also missing?

No_Sight no longer in sight

Bursa Malaysia says there will be no more blanket extension. However, applications for further extension will be considered on a case-by-case basis.
The Edge Malaysia Weekly


Equity need to improved by how many billion to escape PN17?

25% of RM8 billion share capital hmmmm

Do you even know the criteria for PN17?

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investorgambler because thy wont be in pn17.

Where is No_Sight?? Really no sight already

Where is No_Sight?

Mabel losing money in Topglov and Serbadk. I really pity him

What is shot lot? Never hear before. Shoplot i know.

Hopefully when later unsuspend, doesn't gap down past your average price. Good luck.

"Honesty", what price you stucked at?

"The best-case scenario for international routes is that TAA resumes 50% of pre-pandemic scheduled flights by the end of next year."

ChunChoi1, where is pent up demand?

2.3 Ranking of the new AAGB Shares to be issued upon conversion of the RCUIDS and/or exercise of the Warrants

The new AAGB Shares to be issued upon conversion of the RCUIDS and/or exercise of the Warrants shall, upon allotment and issuance, rank equally in all respects with the then existing AAGB Shares, save and EXCEPT THAT THEY SHALL NOT BE ENTITLED TO ANY DIVIDENDS, RIGHTS, ALLOTMENTS AND/OR OTHER DISTRIBUTIONS WHICH MAY BE DECLARED, MADE OR PAID TO THE SHAREHOLDERS OF OUR COMPANY, the entitlement date of which is prior to the allotment date of the new AAGB Shares to be issued upon conversion of the RCUIDS and/or exercise of the Warrants.

Now those customers "Saving" or "Losing" money?

"Credit Refund" that need to wait years is not guaranteed btw.

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HamsterHuat @DickyMee

MAS use taxpayer money to bailout many time over.

AAX should be respected for affordable flight.
Those who fly frequently should have make so much "saving" as in compare to MAS.

Comeone....supplier here voted yes in the debt restructuring AND
Customer will get "credit refund" in the end.
17/11/2021 10:58 AM

Flight delayed or canceled?

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hali start flying...
16/11/2021 9:25 AM

MAS use taxpayers' money?
AAX use customers' and suppliers' money?

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HamsterHuat Hail AAX to be able survive without Government bailout unlike MAS.

let AAX fly again so that MAS need to be competitive which is good for us, customer in future.
16/11/2021 10:26 AM

What kind of FD loses more than 50% of your savings? Do you even know the meaning of FD?

Don't listen to Maybank licensed analyst.

Should listen to No_Sight speculation instead. Creditors will write off debt for AA!

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Sslee "With a profitable FY23E, we hope AAGB will no longer be classified as a PN17 listed issuer by then (if it is classified as such on 7 Jan 2022)," it said.

15/11/2021 5:15 PM

What negative comment untrue?

AA is negative equity? Fact.
AA is PN17 coming soon? Fact.
AA 'superapp' bad reviews and rating? Fact.
AA did not refund customers' money? Fact.
Most comments on AA social media asking for refund? Fact.

If you want we can make a bet.

Just scared you got no integrity, like you said you would cut if AA fell below RM1?

Obvious that you don't know shit. You think creditors will write off AA debt just because AA shareholders' fund is less than 25% of total issued capital.

HAHAHAHAHAHA!

People talk based on facts and news, No_Sight talk based on his own assumptions. In other words, bullshit.

AA will do debt restructuring?

Please quote JUST ONE news article that mentions AA will do debt restructuring. Stop pulling false info out from your ass.

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No_Sight Losers only know how to pusing.

How to overcome pn17? Answer is balance sheet restructuring. And how did AAX achieve that? By restructuring its debt. Simple as that.

AA pn17? That was your question. The answer is no. AA like AAX will survive that. How? Balance sheet restructuring.

AAX debt restructuring was done due to LIQUIDATION risk, not PN17. HAHAHAHAHAHAHAHAHAHAHAHA, really shows how much you actually understand.

Please find me 1 headline or news that AAX debt restructure was due to PN17.

No_Sight don't know the reason why creditors agreed to AAX debt restructuring is due to liquidation risk. HAHAHAHAHAHAHAHAHAHAHAHA

He thought suka suka can write off debt, his father's company maybe can la. LOL

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No_Sight Hello, you really dumb. How many times want to embarrass yourself?

You asked about AA PN17. You did not asked whether AA will be liquidated. If you asked if AA will risk liquidation like AAX then ofcos it’s different. But that wasn’t your question. So you want to pusing to save your thick face skin is it?

ChunChoi1, you all 1 gang sama dumb. AA would already be PN17 if not for PN17 Relief from Bursa.

How long already AA been negative equity? More than 1 year la Hello.

Try to act smart but don't know anything. Is AA in the same situation as AAX? Facing liquidation problem?

AAX, Announcement_-_Proposals_(06.10.2020).pdf
"To avoid a liquidation and to allow the airline to fly again, the only option is for AAX to
undertake a group-wide debt and corporate restructuring and update its business model
to survive and thrive in the long term."


OCTOBER 6, 2020
"AAX said it is facing severe liquidity constraints in meeting its debt and other financial commitments despite efforts to control costs, including grounding all scheduled flights, salary cuts and retrenchment across the group."

OCTOBER 7, 2020
"AIRASIA X PROPOSES MAJOR DEBT RESTRUCTURING TO AVOID LIQUIDATION"

November 19, 2020
"AirAsia X says proposed debt restructuring critical to survival as it sinks deeper into the red in 3Q"

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No_Sight If AA prospect is better and can survive, why would creditors restructure or write off debt? Do you have brains? PN17 is just a listing classification, does not affect creditors collecting their debt.
————-

Stu-pidest statement ever. We just had a very good example on AAX. It’s the same thing just that AAX is in much worse condition but basically they’re facing the same problems. Nodick really can be so dumb. Go do some homework before barking nonsense.

I think you are the one without common sense, business sense or understanding of accounting matters.

If AA prospect is better and can survive, why would creditors restructure or write off debt? Do you have brains? PN17 is just a listing classification, does not affect creditors collecting their debt.

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No_Sight AA’s prospect is wayyyyyy better than AAX and the sum to restructure is wayyyyy lower.

AA don’t even need to restructure the full amount. Somewhere around 3-4billion (minimum scenario but I’m sure they’ll try to get buffer) will be sufficient to not be classified as PN17.

Those who know how much is AA’s revenue for Malaysia alone will know that they can survive with only local flights and looks like borders are opening soon too.

With common sense one would know the above will not happen. And that the creditors will support even more in AA’s restructuring as proven with AAX.

Sadly both NoDick and sslee have no common sense, business sense or understanding of accounting matters.

Yet they want to act pro talk kok sing song copy and paste useless information and tell lies. Jokers.

Is AAX under PN17 now?

How long did the restructuring talks take? More than 2 months right?

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No_Sight No dick and sslee is a quite funny pair of confused lost souls. Still asking about AA PN17.

No_Sight is confused and don't know how to read. People talking about AA but he answer about AAX.
Sigh...

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No_Sight or are you and sslee confused and don't know what is restructuring of balance sheet?
12/11/2021 6:15 PM

DickyMe and Chun_Choi1 who kept calling RM4.50 already sold off their AA shares. Now only left No_Sight.

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Sslee Haha I just want people to beware and not chase high in believing that post covid-19 AA will earned 2 billion per year and share price 4.50 coming.
12/11/2021 3:34 PM

Congrats to you flight crew with top management connections, you got it right this time. How about Jan 7 2022? AA can escape PN17?

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BlackHawk Remember what i said in previous comments to cheeseburger and dickymee?

Here is the answer for those who know nuts about airline business but tirelessly keep posting here with your same old copy paste crap.

https://www.bloomberg.com/news/articles/2021-11-12/airasia-x-said-to-r...
12/11/2021 2:14 PM

Passengers owed money can or cannot vote?


Airport operator Malaysia Airports Holdings Bhd and financial institutions (Class A)

Creditors that have unsecured claims against AAX including engine suppliers and aircraft lessors (Class B)

Aircraft manufacturer Airbus Group (Class C)