https://www.thestar.com.my/business/business-news/2024/01/09/ta-securities-optimistic-about-capital-a039s-aviation-business-disposal-for-pn17-uplift

KUALA LUMPUR: TA Securities is positive on Capital A Bhd’s move to dispose of its aviation business to AirAsia X Bhd (AAX) as it is necessary to uplift Capital A from its Practice Note 17 (PN17) status.

“From the risk perspective, we are positive as we deem the disposals are necessary to uplift Capital A from its PN17 status or risk triggering a trading suspension.

“Moreover, the shareholders of Capital A are expected to continue to hold shares in the aviation segment via AAX,” it said in a report.

The sky is the limit again for Capital A in 2024...

https://www.thestar.com.my/business/business-news/2024/01/06/the-sky-is-the-limit-again-for-capital-a-in-2024

Haha geary is spot on..

So nice to have many sources of incum...hihihi

Let these statistics sink in…

47% of millionaires…
60% of deca-millionaires ($10M+)...
75% of centi-millionaires ($100M+)...
65% of billionaires…

All achieved their wealth by owning and investing in businesses…

As Tony Robbins says, "Success leaves clues," and these are some pretty BIG clues.

Owning and acquiring businesses is how the truly wealthy became and remain wealthy!

The best part? Owning and acquiring business is not something that's limited to a select group of individuals — we can do this too!

Happy Shivering..hihihi

Let these statistics sink in…

47% of millionaires…
60% of deca-millionaires ($10M+)...
75% of centi-millionaires ($100M+)...
65% of billionaires…

All achieved their wealth by owning and investing in businesses…

As Tony Robbins says, "Success leaves clues," and these are some pretty BIG clues.

Owning and acquiring businesses is how the truly wealthy became and remain wealthy!

The best part? Owning and acquiring business is not something that's limited to a select group of individuals — we can do this too!

Happy Shivering..hihihi

The_JQuestion if going to collapse who will join the company ??
cmon going to fly HIGH , out of pn17 and ppl like sslee and gang can only complain their life away and watch :))
real MEN act not talk , they also show u with limit UP !
09/01/2024 12:01 AM

...don't forget about real gal too..hihihi..

ken2004 is spot on...

This is what Tony did to secure more leverage. He shifted the whole airline business to AAX since they want to borrow more as CapitalA is currently a PN17 company which limits borrowing to expand his business. He thinks outside the box compared to MAS who usually go back to G asking for more money to bail out. His thinks like an OECD Gentleman

https://theedgemalaysia.com/node/696547

Capital A disclosed to Bursa Malaysia that it has entered into a non-binding letter of offer with AAX to divest AirAsia Bhd, which houses its Malaysian airline operations, and AirAsia Aviation Group Ltd, the holding unit of its airlines in Indonesia, Philippines and Thailand.

We built five amazing companies and in Asean, we really want to grow in Indonesia and Philippines. We think the tourism potential in both those countries are huge. We would love a licence in Vietnam and Singapore but that is not achievable right now, so really, our growth is going to be very heavily driven by the Philippines and Indonesia, on top of Malaysia and Thailand,” he said.

The Covid-19 outbreak had led all AirAsia aircraft to be grounded in 2020, leading both Capital A and AAX to be categorised as PN17 financial distress companies.

AAX’s PN17 was lifted by the local stock exchange last November, and Fernandes on Monday said the merger, coupled with the upcoming listing of Capital A’s brand royalty business and aircraft leasing unit in the US, would help Capital A in lifting its PN17 status as well.

Fernandes said post-merger, Capital A will be left with four businesses, namely the aviation maintenance unit Asia Digital Engineering Sdn Bhd; the super app segment carried out by 96.19%-owned AirAsia SuperApp Sdn Bhd; the 77.56%-owned logistics unit Teleport Everywhere Pte Ltd; and the 99.56%-owned digital payments business under BigPay Pte Ltd.

CapitalA shares is up by 2 % today follow by this announcement..

https://theedgemalaysia.com/node/696547

Meow Meow Meow

Thank you Paul!!!

Haha Today so nice.

Mabel Malaysia is a Moving Target towards Mabel Wanted Position. Today all the 12 Princes are so GREEN..

Have a Great Day Everyone!

To Our Success!

Captain Mabel Meow

#geary Mabel.
Taxi driver was able to provide more than 100% dividend in total since beginning business.
I have no complain. The last dividend payout was about 90+%. Even GLCs could not afford to payout dividends like a taxi driver. Rotten pickles are everywhere!
Well...those who invested #10 years ago, already almost took back their capital employed!?
Looking forward, probably we expect #20/25% of dividend from its... owner's earnings... it's Fair for shareholders!?
CapitalA has more debts obligations now!?
These 3Q...owners earnings is positive...all financial obligations are settled.
We shall see the next quarter...Feb 28/29, 2024.!?
From its Negative Shareholders Equity scenario...Target Price should be around...@1.48...🤓(If positive Equity...@2.28)!?
Dis: Trade at your own Risk!
07/01/2024 9:02 PM

Touche geary..

Mabel is totally in line with your thinking..

Fernandes’ journey with AirAsia is packed with inspiring lessons. One key takeaway is the power of perseverance. When Fernandes took over AirAsia, the airline was on the brink of bankruptcy. He faced numerous challenges, including intense competition from established players, lack of funds, and regulatory hurdles. However, he persisted and worked tirelessly to turn the airline around.

Fernandes’ story also emphasizes the importance of innovation and creativity in business. He disrupted the airline industry by creating a new business model that catered to budget travelers. He introduced new technologies, such as online booking systems and self-check-in kiosks, to improve the customer experience.

Another lesson from Fernandes’ journey is the importance of building a strong team. Fernandes surrounded himself with talented individuals (included his shareholders) who shared his vision and passion for the business. He empowered his team to take ownership of their work and contribute to the company’s growth.

..and we the result speak for it's self. We have been rewarded and based on the current sentiment we will be rewarded again..

To Our Success !

Captain Mabel Meow

Haha Don't worry Handsome Sslee, this taxi driver is not an ordinary taxi driver. He will surely cum up with his magic Formula like when it matters..

Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

1 day ago | Report Abuse

Taxi driver was able to provide more than 100% dividend in total since beginning business.
I have no complain. The last dividend payout was about 90+%. Even GLCs could not afford to payout dividends like a taxi driver. Rotten pickles are everywhere!

Ready to soar again...

Just like SIA, CapitalA AirAsia was also paralysed by the pandemic without any revenue. However, unlike SIA with Big Brother Temasek cumming to the rescue, CapitalA took many initiatives to revive and stay afloat without any help from the Malaysian Government. Now you know why Mabel salute Air Asia.

Lastly, Mabel’s AirAsia enjoys continued success being named the World's Best Low-Cost Airline in 2023 for 14X, with Mabel’s Singapore's Scoot taking the top title as the World’s Best Long Haul Low-Cost Airline.

Well Done Tony

Fernandes: To build an airline is tough, to rebuild an airline and build four other businesses, has been the ultimate challenge.

The article is about Tony Fernandes, the founder and CEO of AirAsia, who is planning to retire from the airline business in 2025. It recounts his journey of turning AirAsia from a struggling airline into a leading low-cost carrier in Asia, and his achievements in various fields such as sports, music, and education.

It also highlights some of the challenges he faced, such as the Covid-19 pandemic, the 2014 plane crash, and the bribery allegations. The article praises Fernandes for his vision, innovation, and leadership, and quotes some of his colleagues and friends who admire him. It also mentions some of his future plans, such as launching a digital bank, investing in green technology, and spending more time with his family.

The article concludes by saying that Fernandes will leave behind a legacy that will inspire generations to come

https://www.marketinginasia.com/tony-fernandes-inspiring-airasia-journey-and-the-revolution-of-budget-travel/

https://www.thestar.com.my/business/business-news/2024/01/06/writing-his-final-chapter-at-airasia?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240107&__sta=vhg.uosvpxQddhqne.jsu0sv%7CBUHT&__stm_medium=email&__stm_source=smartech

From baggage to seats, we've got everything you need to rock your trip. Hurry, your adventure is about to take off!

Captain Mabel Meow

Why Are Billionaires Loading Up On Oil?

The most powerful investors in the world are loading up on energy investments.
Warren Buffett invested over $50 BILLION.
Billionaire Ken Griffin increased his holdings by 150%.
Carl Icahn has made a billion-dollar bet!

Why exactly?

It may be because they see a continued rise of oil on the way.
JP Morgan analysts have pegged the future price of oil at $380 per barrel.
That would send oil companies skyrocketing.

Future Meownaires

Why Are Billionaires Loading Up On Oil?

The most powerful investors in the world are loading up on energy investments.
Warren Buffett invested over $50 BILLION.
Billionaire Ken Griffin increased his holdings by 150%.
Carl Icahn has made a billion-dollar bet!

Why exactly?

It may be because they see a continued rise of oil on the way.
JP Morgan analysts have pegged the future price of oil at $380 per barrel.
That would send oil companies skyrocketing.

Future Meownaires

#DickyMe Taxi driver was able to provide more than 100% dividend in total since beginning business.
I have no complain. The last dividend payout was about 90+%. Even GLCs could not afford to payout dividends like a taxi driver. Rotten pickles are everywhere!
06/01/2024 11:03 AM

Haha..so nice...Today we will have Domino Pizza for lunch. No need to fly to Italy. Value for Money and soooo delicious..Yummy..

Yes lah..Before the Pandemic, all shareholders were celebrating as shareholders of AirAsia have been showered with 90 sen per share special dividend, which is worth more than RM3bil in total payout. The dividend is equivalent to 34% of dividend yield from the last traded price of AirAsia's shares at RM 2. The year before he showered us with 64 sen Dividends and 12 sens even before that. Mabel recall EVERY WANG in Air Asia were FLYING that time..

Meow Meow Meow

#DickyMe Benchmarking with SIA which has government support is like comparing Tony and Andre the Giant.
06/01/2024 10:46 AM

Just like SIA, CapitalA AirAsia was also paralysed by the pandemic without any revenue. However, unlike SIA with Big Brother Temasek cumming to the rescue, CapitalA took many initiatives to revive and stay afloat without any help from the Malaysian Government. Now you know why Mabel salute Air Asia.

Lastly, Mabel’s AirAsia enjoys continued success being named the World's Best Low-Cost Airline in 2023 for 14X, with Mabel’s Singapore's Scoot taking the top title as the World’s Best Long Haul Low-Cost Airline.

To Our Success!

Captain Mabel Meow

Haha Good one Dicky...hihihi

Benchmarking with Singapore Airline: Singapore Airlines has an ROCE of 9.3%. Basically the business is earning more per dollar of capital invested and in addition to that, 49% more capital is being employed now too. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why Mabel is impressed. As in any business Singapore Airlines does have some risks too. What’s is important for Mabel it continues to generate good Dividend and continue to help Everyone can fly just like Air Asia.

*Summing up*..

Different investors have different risk appetites and return expectations, depending on their goals, time horizon, and personal preferences. Therefore, it is important for each investor to analyse their own situation and choose the investments that suit their risk and reward profile.

Some sources suggest that Domino’s Pizza is a high-risk, high-reward investment, because it has a high valuation, a high debt level, and a high growth potential.

Some sources also suggest that CapitalA is a high-risk, high-reward investment, because it is a venture capital firm that invests in early-stage startups that have a high failure rate, but also a high upside potential..

To Our Success!

Captain Mabel Meow

#Sslee Is CapA cash flow positive????
Repost:
Stock: [ICAP]: ICAPITAL.BIZ BHD
Dec 30, 2023 8:06 AM | Report Abuse

CapA' NUMBER DONT LIE..and it is horrible.

As at 30/9/2023 Capital A
Current assets: RM 2,072,007,000
Current liabilities: RM 14,599,870,000
Net current liabilities: RM (12,527,863,000)
Shareholders’ equity RM (8,427,155,000)
Non-controlling interest: RM (2,101,925,000)
Total equity: RM (10,529,080,000)

CapA is now like a taxi driver, driving a rental car from a taxi company.
How many passengers a taxi driver must picked up to pay for the car rental before he can earned a living?

For capA even last quarter 89% load factor is still a loss making quarter.
06/01/2024 9:44 AM

Today our Minister said "Aviation industry to see robust growth in 2024". That is good enough for Mabel, so happy that everyone can now fly to meet their loves one this cuming Year of the Dragon..

CAPITALA’s regularisation plans to exit PN17 in the works. The group plans to divest its aviation group to AirAsia X in exchange for shares which will subsequently be distributed back to its shareholders. While Mabel continue to like CAPITALA for being a beneficiary of the recovery in air travel as the pandemic comes to an end, Mabel is mindful of it still being under the PN17 status as CapitalA Number don’t lie and it is horrible. As at 30/9/2023 Capital A:

Current assets: RM 2,072,007,000
Current liabilities: RM 14,599,870,000
Net current liabilities: RM (12,527,863,000)
Shareholders’ equity RM (8,427,155,000)
Non-controlling interest: RM (2,101,925,000)
Total equity: RM (10,529,080,000)
This translate to -RM 2.00 Book Value and is currently trading at RM 0.83!


Do you know that Domino’s Pizza has negative shareholder equity for years?. Shareholder equity is the difference between total assets and total liabilities. Negative shareholder equity means that the company owes more than it owns. This can happen when a company borrows a lot of money to finance its operations, such as share buybacks and dividends. Domino’s Pizza has been doing this for a long time, and as a result, its total debt has increased from $1.5 billion in 2014 to 3.68 billion in the trailing 12months. Its shareholder equity has decreased from -0.26 billion in 2014 to $-4.85 billion in the trailing 12 months.

Domino’s Pizza has a high market value despite its negative shareholder equity. Market value is the current price of the company’s shares multiplied by the number of shares outstanding. Market value reflects the expectations and sentiments of the investors about the company’s future performance and growth potential. Domino’s Pizza has a high market value because it has been growing its revenue, earnings, and free cash flow consistently over the years. It has also been expanding its global presence and increasing its market share in the pizza industry. Domino’s Pizza has a market cap of $14.37 billion as of January 2024, which is about 3 times its annual revenue of $4.54 billion. Its share price is 412.23 as of January2024, which is about 3.5 times its book value per share of-118.74.

However Domino’s Pizza has positive free cash flow for years. Free cash flow is the amount of cash that a company generates from its operations after deducting the capital expenditures. Free cash flow is an important indicator of a company’s financial health and profitability. It shows how much cash a company has left to invest in growth, pay dividends, or reduce debt. Domino’s Pizza has positive free cash flow because it has a high operating margin and a low capital intensity. It does not need to spend a lot of money on building or maintaining its stores, as most of its sales come from delivery and carryout. Domino’s Pizza has a free cash flow of $362.86 million for the quarter ending September 30, 2023, which is a year-over-year increase. Its free cash flow for the trailing 12 months is $1.06 billion, which is also a year-over-year increase..

Here lies the main difference. Domino’s Pizza customers usually pay for their orders when they place them online or over the phone, and then the payment is processed by the company’s payment system and transferred to the company’s bank account. However, some customers may also pay for their orders when they pick them up from the store or when they receive them from the delivery person, and then the payment is collected by the store or the delivery person and transferred to the company’s bank account.

CapitalA are paid in advance meaning to get from point A to point B. This means that customers pay for the services before they receive them and 2023 is a great year for our CapitalA as it has been reporting narrower and narrower losses. 2024 will be better...

Benchmarking with Singapore Airline:

For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Singapore Airlines, this is the formula:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

0.093 = S$3.0b ÷ (S$47b - S$14b) (Based on the trailing twelve months to September 2023).

So, Singapore Airlines has an ROCE of 9.3%. Even though it's in line with the industry average of 9.3%, it's still a low return by itself.

Basically the business is earning more per dollar of capital invested and in addition to that, 49% more capital is being employed now too. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why Mabel is impressed.

To sum it up, Singapore Airlines has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. Since the stock has only returned 9.6% to shareholders over the last five years, the promising fundamentals may not be recognized yet by investors. Given that, we'd look further into this stock in case it has more traits that could make it multiply in the long term.

As in any business Singapore Airlines does have some risks too. What’s is important for Mabel it continues to generates good Dividend and continue to help Everyone can fly just like Air Asia.

Want to play safe, put your money in FD..

Meow

Book value is the value of a company’s assets minus its liabilities, as reported on its balance sheet. Book value can be used to measure the net worth of a company, or to compare its market value with its intrinsic value.

However, book value may not always reflect the true or fair value of a company, because it is based on historical costs and accounting methods, which may not capture the current market conditions or the future growth prospects of the company.

Therefore, some traders and investors may rely on book value as a valuation metric, but they may find out that the book value is either inflated or deflated, and that the company is either overvalued or undervalued by the market.

As a trader/investor as long as your P&L is positive, there is nothing to fear.

Maybank give a TP of RM 1.01
In December 2024 HLIB has revised its target price to RM1.40, citing a robust recovery in the aviation sector.

Today our Minister also said "Aviation industry to see robust growth in 2024"

That is good enough for Mabel, so apy that every wang can now fly to meet their loves one this cuming Year of the Dragon..

Captain Mabel Meow

Negative equity can occur for various reasons, such as a decline in the asset’s value, an increase in the debt’s value, or a combination of both. Negative equity can have negative consequences, such as reducing the net worth of the owner, limiting the ability to borrow more money, or increasing the risk of default or foreclosure.

However, negative equity can also have positive effects, such as lowering the tax liability of the owner, increasing the cash flow of the owner, or creating an opportunity for refinancing or restructuring. Different markets in Asia may have different views and attitudes toward negative equity, depending on their economic, legal, and cultural factors.

Some markets may be more tolerant and supportive of negative equity, while others may be more cautious and critical of negative equity.

For me, CapitalA rise to occasion to meet the national agenda..

What is important is that you all analyze yourself and determine your risk and reward. Risk and reward are two important concepts in investing that measure the potential loss and gain of an investment. Risk and reward are usually inversely related, which means that higher risk investments tend to offer higher rewards, and vice versa.

Different investors have different risk appetites and return expectations, depending on their goals, time horizon, and personal preferences. Therefore, it is important for each investor to analyze their own situation and choose the investments that suit their risk and reward profile.

Some sources suggest that Domino’s Pizza is a high-risk, high-reward investment, because it has a high valuation, a high debt level, and a high growth potential.

Some sources also suggest that CapitalA is a high-risk, high-reward investment, because it is a venture capital firm that invests in early-stage startups that have a high failure rate, but also a high upside potential

It's all about making choices..

Haha It is true what geary said that Domino’s Pizza has negative shareholder equity for years. Shareholder equity is the difference between total assets and total liabilities. Negative shareholder equity means that the company owes more than it owns. This can happen when a company borrows a lot of money to finance its operations, such as share buybacks and dividends. Domino’s Pizza has been doing this for a long time, and as a result, its total debt has increased from $1.5 billion in 2014 to 3.68 billion in the trailing 12months. Its shareholder equity has decreased from -0.26 billion in 2014 to $-4.85 billion in the trailing 12 months

It is also true that Domino’s Pizza has a high market value despite its negative shareholder equity. Market value is the current price of the company’s shares multiplied by the number of shares outstanding. Market value reflects the expectations and sentiments of the investors about the company’s future performance and growth potential. Domino’s Pizza has a high market value because it has been growing its revenue, earnings, and free cash flow consistently over the years. It has also been expanding its global presence and increasing its market share in the pizza industry. Domino’s Pizza has a market cap of $14.37 billion as of January 2024, which is about 3 times its annual revenue of $4.54 billion. Its share price is 412.23 as of January2024, which is about 3.5 times its book value per share of-118.74

It is also true that Domino’s Pizza has positive free cash flow for years. Free cash flow is the amount of cash that a company generates from its operations after deducting the capital expenditures. Free cash flow is an important indicator of a company’s financial health and profitability. It shows how much cash a company has left to invest in growth, pay dividends, or reduce debt. Domino’s Pizza has positive free cash flow because it has a high operating margin and a low capital intensity. It does not need to spend a lot of money on building or maintaining its stores, as most of its sales come from delivery and carryout. Domino’s Pizza has a free cash flow of $362.86 million for the quarter ending September 30, 2023, which is a year-over-year increase. Its free cash flow for the trailing 12 months is $1.06 billion, which is also a year-over-year increase..

So it is naturally true when Anthony said that now everyone can fly home for reunion this cuming Year of the Dragon..

Thank you so much Magician Tony...

Meow Meow Meow

What do you call a fish wearing a bowtie?

Sofishticated.

Now Every Wang can fly home for reunion this cuming Year of the Dragon..

CapitalA make it so affordable with its Sofishticated Magician

What do you get when you cross CapitalA and Domino?

A venture capital firm that invests in pizza startups, but always rise for the domino effect.

Haha geary no wonder Domino pizza taste soooo delicious

Yummy..

The Return Trends At Singapore Airlines (SGX:C6L) Look Promising

Aviation industry to see robust growth in 2024, says Loke..

Haha CapitalA so power mah...today up by 1.22%..hihihi

Wah....
Wah....
Wah....

Mabel still shivering...hihihi...

Very good closing at 5.5 sen..

So nice...

CapitalA will release its 4QF23 Reports on 28 Feb 2024, according to its financial calendar..

Hope it will be a handsome boy like Tony...

Meow

Wow Gamuda so power today..

#Windy1974 i made below speculations in Sept. Let me add some more speculations. All are speculations
1. Sapura don't have to sell OMV to raise cash
2. Sapura will pay all suppliers verified
3. Sapura out of PN17 within next 3 months (according to tukang tilik i consulted)
All above are pure speculations i come up with

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

2023-09-01 22:33 | Report Abuse

Let me make a speculation on how the PN17 could be lifted. The banks (borrowers) would take a hair cut of 80% debts and will be paid in Sapura new shares at minimum 0.10 per share. With this, Sapura won't be burdened by the hefty interests every month. Thereafter, a white knight would inject cash into Sapura. This will help Sapura pays the vendors and cash flow for existing and future projects. Without monthly interests, Sapura could make up to RM1Billion per year. That's in the best interests of borrowers and all stake holders. Sapura will be profitable with current top managements
03/01/2024 9:02 PM

Thank you Windy

Mabel loves it..

Meow Meow Meow

TalkNumberOne Mabel I am shivering now, since siao lang hiding in neighbour old Wong closet not making noise.
03/01/2024 7:17 PM

Haha Mabel also shivering...hihihi..

Commodity Roundup: Gold, oil dips ahead of Fed minutes; UBS sees Brent in $80–90 range

Meow Meow Meow

Still good for both companies..

CapitalA is up by 1.23% while Sap is down by 9%

Still positive on both P&L...

Meow

So nice..CapitalA is up by 1.23%..82.5 sen is a good closing..

So apy..

https://www.upstreamonline.com/exclusive/saudi-aramco-poised-to-award-multibillion-dollar-deals-for-world-s-largest-offshore-oilfield/2-1-1577079

Perhaps this could be the cause..

Meow

Question?

Why did Sapnrg and CapitalA merge?

Because they both wanted to go down into history to exit PN17 in 2024..

The new year is coming, full of hope and promise
Mabel Malaysia is ready to shine with her greatness

Twelve handsome princes, each with a sector to lead
They will work hard and smart, to meet the needs of the country

Sapnrg, one of the two PN17 companies that Mabel will help
It has been given an extension of time to submit a restructuring plan

Great progress with third consecutive gain with restructuring plan to exit PN17 on track. Two good news delayed Sapura to exit PN17; SapuraOmv and White Knight sales

Capital A, the second PN17 company that Mabel will also help
2023 is a great year for our CapitalA as it has been reporting narrower and narrower losses. 2024 will be better...

The one-hour flight between Singapore and Kuala Lumpur in Malaysia is the World busiest international route this year, showing the scale of Asia's post-Covid-19 travel recovery.

With 3 International Awards, it is a 150% Success Rate for Mabel Airlines to help everyone fly with CapitalA which continues to be named the World's Best Low Cost Airline in 2023 for 14X!

Twelve handsome princes, with their vision and mission
They will dance the night away with the beautiful sisters from Temasek, in celebration of cooperation

Yes lah, Mabel will be dancing the night away in 2024

https://www.youtube.com/watch?v=hCLkVrp_4CE

Happy New Year Every One !

Question?

Why did Sapnrg and CapitalA merge?

Because they both wanted to go down into history to exit PN17 in 2024..

The new year is coming, full of hope and promise
Mabel Malaysia is ready to shine with her greatness

Twelve handsome princes, each with a sector to lead
They will work hard and smart, to meet the needs of the country

Sapnrg, one of the two PN17 companies that Mabel will help
It has been given an extension of time to submit a restructuring plan

Great progress with third consecutive gain with restructuring plan to exit PN17 on track. Two good news delayed Sapura to exit PN17; SapuraOmv and White Knight sales

Capital A, the second PN17 company that Mabel will also help
2023 is a great year for our CapitalA as it has been reporting narrower and narrower losses. 2024 will be better...

The one-hour flight between Singapore and Kuala Lumpur in Malaysia is the World busiest international route this year, showing the scale of Asia's post-Covid-19 travel recovery.

With 3 International Awards, it is a 150% Success Rate for Mabel Airlines to help everyone fly with CapitalA which continues to be named the World's Best Low Cost Airline in 2023 for 14X!

Twelve handsome princes, with their vision and mission
They will dance the night away with the beautiful sisters from Temasek, in celebration of cooperation

Yes lah, Mabel will be dancing the night away in 2024

https://www.youtube.com/watch?v=hCLkVrp_4CE

Happy New Year Every One !

Haha Thank you so much Uncles and Aunties for selling Mabel at 81.5 sen..

Happy New Year..

Meow

Michael Kwok The big meow,meow is on sap.so long.do anwar will restructure sapura as promise in the debate years ago.
2/1/23 8.45am
02/01/2024 8:45 AM

Haha today all across Asia are having period..

Lady Sapnrg is so steady..

You believe in PMX?

Meow

Haha today all across Asia are having period..

CapitalA is so steady..

Our Smart Magician knows...

Buy and hold investors can easily get wiped out in a crash, and it takes years to recover..

It's all about managing expectation, the rest is technology..

Meow

Changes is always good. Mabel changed her General all the times..hihihi..

https://www.youtube.com/watch?v=C0EYKxF1oTI

Haha Mabel recon at about this time in 2024, everyone will be asking this question…hihihi..

To Our Success!!!

Captain Mabel Meow