Now do you know why free seat promotion is good for airlines eg. AirAsia?

Trade receivables also has the risk of ending up as irrecoverable bad debts.

It is disadvantage to the new ordinary shareholders as any profit to be distributed out will goes to the redeemable preference shareholders (the existing shareholders who have subscribed for it) first before it goes to the ordinary shareholders.

And the working capital ratio?

By the way, what is your answer for this SSslee?
And the RPS is actually not needed if the company has enough funds to continue operation or to acquire additional assets.

He can get someone to join him to combine their stakes to make it exceed 50%.

And the RPS is actually not needed if the company has enough funds to continue operation or to acquire additional assets.

Good try. Why twisted it? To prevent corporate raid wouldn't it be simple by just raising the stakes to 51%?

So Xinquin is the first lesson for a chinaman company?
*****

Sslee

761 posts

Posted by Sslee >
Report Abuse

I already cut loss all my HY except 500 units to qualify myself as shareholder. So no harm done, just learn my lesson again never trust mainland china man.

So can you explain why it went up from 60c to 80c now? I think many readers would like to hear from you.
*******
Sslee

1,208 posts

Posted by Sslee > 17 minutes ago | Report Abuse

CapitalA quantitative is so bad but if you believe in Stony then go ahead with your bet, no one can stop you.

QUANTITATIVE
Financial data/ratio contain in current and past financial report.

Off course everyone should be responsible for their own bet, but we should be honest in what we post.

I believe an engineer may only be better in maths, not in finance and taxation.

So an engineer is trying to get rich from share market with expertise in engineering?

The same way he went to other forums, copied and pasted outdated news and wrote that people cannot think with reasoning, logic and cannot put forward with facts and figures which are actually readily available online.
When he was rebuked he said that was his sarcasm.

And the red colour cape with logo S.

Why Insas still want to raise rights issue over the years to pay debt?
When question he can't give the answer he just ignored.

I don't think there is any good sifu or bad sifu. The so called investment in stock is mostly speculation. Someone gain is someone else loss. Only trustable person is yourself. Cheers.

If he is really handsome like Chow Yuen Fatt maybe Tony will entertain him, otherwise will just tell him go to fly kite.

Insas-pb in 2001.
SSslee must be busy searching now. Wakakaka

If buy now to hold till Insas-WB expired on 28/02/2026. Is there any follower?

Corporate raid arranged by superman coming soon?

SSslee was still promoting Insas when it was RM1.20? Hold tight tight ke?

Most MOUs did not materialize, this is true. This one announced by PM thus carry some weight. Price too has retraced from the height of 73c. I don't think it is easy to predict the price movement from tomorrow.

Experience tells us, when the news is out and the stock price has reached its maximum, little chance the price will move up higher.
The last time company disposed its assets and distributed 20c dividend, its share price stayed at 20c on and after ex dividend date for a long time.

By first look at the balance sheet it looks promising but what about other considerations? How much the assets can be realised in case of voluntary liquidation? Loan and other factors? And also Philip 's question: Why still want to raise rights issue over the years to pay debt?

Corporate raid on Insas? How many million ringgit more you need to do this? Go and count lah. Ask the CEO to join some more. Boleh ke?

Then he must wear outside only people can see.

******
Haha underwear also ke .. what a pity ..

Corcodile shirts, red colour also?

Although a 29th largest shareholder, Lee Soon Sheng 2,530,000 or merely 0.38% +. Boleh ke?
xxxxxxx
Sslee is secretl doing a corporate raid on Insas lah. He's taking over Insas at 70+ ¢ for a company which has cash alone of rm1.10.
LOL!

Musical chair? This also means ostrich has missed to ride on it at price of 60c. Got his CNY T shirt already or not?

This sounds familiar. What is your "cheap cheap" target price? If you are already stuck here, how to buy more kaw kaw?

Hahaha, now I know his IQ is only so so. Thank you Mike. I stop here, have an enjoyable weekend everyone.

SSslee may have mistaken that for the free seats promotion all flights for the promotion period are really free, passengers are only required to pay for the airport tax, fuel surcharge and other miscellaneous fees, and the rest are free.

If air tickets sales are not done in advance so you want every passengers to buy tickets on the spot before they get up the planes? Kon actor.

SSslee do you really can't differentiate between deadline approved by the authorities and deadline set by CapitalA Management briefing to IBs analysts?

Today is 7 April and the accounts for 1st QR must has been concluded and major shareholders have started buying the company shares. I guess the next QR announcement should be a good one.

And this is your another facts and reasoning?

Sslee

1,160 posts

Posted by Sslee > 19 hours ago | Report Abuse

The 10 million free seat sale is currently available and it is applicable only for the travel period between 4th September 2023 to 13th August 2024. The promo covers local Malaysian destinations including Langkawi, Penang, Johor Bahru and more with all-in prices from RM23 one-way. Meanwhile, ASEAN destinations under the promo include Jakarta, Bali, Bangkok, Ho Chi Minh City and more, with all-in prices from RM60 one-way. The advertised all-in price includes airport taxes, MAVCOM fee, fuel surcharge and other applicable fees.

If demand is so good why promote pay now for travel period between 4th September 2023 to 13th August 2024?

The latest company announcement clearly stated that the deadline for the regularisation submission is 7 July 2023 but you still insist that the deadline is not until July because you refer to the old news. This is your facts and reasoning?

Sslee

1,160 posts

Posted by Sslee > 1 day ago | Report Abuse

AirAsia X has until April 28 to submit its restructuring plan to stock market regulators. While Capital A's deadline is not until July, Fernandes said the plan to be submitted in late April will address the restructuring of both concerns. He argues that the PN17 status is mainly about disagreements over accounting standards and does not reflect fundamental solvency issues.

Kon actor SSslee. Hahaha

SSslee didn't ask people to buy Capital A when it was 60c because he said it is a PN17 company, now he said he advise people to sell Capital A but he is not willing to or unable to give a downside target price. A fox with tail within his two legs issit?

Nobody listen to kon artist to sell now saying AirAsia Indonesia will bankrupt instead. Kon artist must be losing his patience now. Blink blink

Sorry guys, I also have a question:
If HRC is not that good why SSslee chased high and sold at a loss until wanted to save from buying CNY T shirt?

If you didn't advise people to buy how are they able to sell without tickets in hands?

Sslee

1,131 posts

Posted by Sslee > 1 hour ago | Report Abuse

My advise is sell and wait for Fernandes' to submit restructuring plan to stock market regulators in late April.

He didn't advise to buy when it was 60c and at that time he was actively writing in this forum. What a Kon artist.

------------
If you scroll back to his past comments he didn't advise to buy at 60c.
For the regularisation deadline for Capital A it is 7July 2023. You can check the company announcement on Bursa website.

AAX and Capital A are two separate entities although both are related to each other. The deadline for the submission may not be the same.

If you scroll back to his past comments he didn't advise to buy at 60c.
For the regularisation deadline for Capital A it is 7July 2023. You can check the company announcement on Bursa website.

So to keep Insas at 105c average price is another best lesson to be learnt, right? I must salute this Kon artist.

By following SSslee posting here so the deadline for the submission of regularisation plan for Capital A on or before 7 July 2023 as announced earlier should be invalid and the appointed advisers must refer to SSslee as well because of his capabilities of analysing financial reports.

With more and more retail shops and malls joining the competition AEON may spends more on promotions to stay alive in turn dragging down its profitability.

One of the largest shareholder of Insas bought at RM1.20. must be very proud of him.