Essay of Warren Buffett:
Common yardsticks such as dividend yield, the ratio of price to earnings or to book value, and even growth rates have nothing to do with valuation, except to the extent they provide clues to the amount and timing of cash flows into and from the business. Indeed, growth can destroy value if it requires cash inputs in the early years of a project or enterprise that exceed the discounted value of the cash that those assets will generate in later years. Market commentators and investment managers who glibly refer to "growth" and "value" styles as contrasting approaches to investment are displaying their ignorance, not their sophistication. Growth is simply a component - usually a plus, sometimes a minus - in the value equation.

Warren Buffett on Value & Growth:
The Two Approaches Are Joined at the Hip
“Learn from the mistakes of others; you can not live long enough to make them all yourself.” – Eleanor Roosevelt

In the Chairman’s Letter of 1992 from Warren Buffet I found this small excerpt on his view about value, growth and using discounted cash-flow analysis. I felt like the writing must have light shed on it and be shared with others as it resonated with me, as does most of Buffett’s writings and insight. I was not entirely sure how to paraphrase and interpret each paragraph as Buffett does an amazing job teaching in a basic manner, so I decided to just share it all!

Warren Buffett: But how, you will ask, does one decide what’s “attractive?” In answering this question, most analysts feel they must choose between two approaches customarily thought to be in opposition: “value” and “growth.” Indeed, many investment professionals see any mixing of the two terms as a form of intellectual cross-dressing.

We view that as fuzzy thinking (in which, it must be confessed, I myself engaged some years ago). In our opinion, the two approaches are joined at the hip: Growth isalways a component in the calculation of value, constituting a variable whoseimportance can range from negligible to enormous and whose impact can be negative as well as positive.

In addition, we think the very term “value investing” is redundant. What is “investing” if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value – in the hope that it can soon be sold for a still-higher price – should be labeled speculation (which is neither illegal, immoral nor – in our view – financially fattening).
Thanks...OleOleOle...for his contribution n positive analysis 🤓

CapitalA Weekly Pivot Point Momentum!
S3: 0.595.
S2: 0.645.
S1: 0.68.
PIVOT: 0.705.
R1: 0.735.
R2: 0.765.
Disclaimer: Trade at your own Risk!

CAPITAL A FINANCIAL RESULTS FOURTH QUARTER 2023 AND FULL FINANCIAL YEAR 2023
February 29, 2024 Nur Alya Zulaikha Khairon Anuar -
The first annual net profit of RM508 million since the onset of pandemic, RM14.8 billion annual revenue; 25% above FY2019 with only 80% of 2019 aircraft

Aviation business recoded RM13.5 billion annual revenue, up 143% from last year; reactivated 185 aircraft, strong load factor at 88%, average fares up 14% and ancillary income reached RM2.5 billion for the first time

Non-Aviation core segments all achieved EBITDA positive; Year-to-date revenue crossed RM1 billion mark, 45% increase over previous year
Aviation Fuel Cost must go down...plus Exchange Rate in USD...🙏
Yummy market value...Coming Soon...🤓

CapitalA becomes more...Yummy...High Risk or High Opportunity...🤓
AirAsia Newsroom!
Capital A International, Owner of the Iconic AirAsia Brand, to be Publicly Listed in the U.S. through Business Combination with Aetherium Acquisition Corp
Capital A International, a global brand management platform, specializes in the expansion, management and licensing of the AirAsia brand
Leveraging its successful track record, Capital A International will champion and expand to the global markets renowned brands from Southeast Asia (“Asean”)
Offers global investors a gateway to participate in the growth of the massive 680-million-strong Asean population, leveraging the region’s most dynamic and recognizable brands
Proposed transaction represents an enterprise value on a pro-forma basis of US$1.15 billion

FPI... consistently earnings growth around #11%...plus dividend growth...3%...Hold some @2.95...🤓

NOVA Wellness...these products are necessities n defensive...Hold...@0.525...🤓

BJFOOD!?
Bought n Hold on Weakness...@0.54...🤓
5 days ago
Sold...@0.55...Wait for triple bottom...Oversold...🤔

SKYWLD... Probably fair value...looking at its earnings prospects, should be around @0.68/0.72...Hold...@0.58...🤓

Master Tec...🙏...Hold @0.35...31st Jan...🤓
6 days ago
Matched @0.48...Sold...#36%...Return on Capital...🤓

MBMR...added average @4.00...rationally should be around #5.00/5.50.🤓

CapitalA Daily Pivot Point Momentum!?
S1: 0.68.
PIVOT: 0.71.
Those who bought/hold...below S1/Pivot Point...Chances of higher return of capital is confirmed...HOLD.
Dis: Trade at your own Risk.

BJFOOD!?
Bought n Hold on Weakness...@0.54...🤓
5 days ago
Rationally should be selling at...15x PE Multiple...🤓

PLYTEC...should be selling at...10/12x...PE... Bought/Hold...@0.25...🤓

MINOX... Bought/Hold...@0.25...Rstionally should be selling at...PE Multiple of 10/12X...🤓

ORIENT...Should be around...@8.00...If Mr. Market is rational...added/hold...🤓
5 days ago
🙏...Price Weakness<@6.00...can add more ..🤓

Master Tec...🙏...Hold @0.35...31st Jan...🤓

Sir Tony Fernandes, CEO of Capital A commented:
“Innovation has always been in our DNA and using technology to look at more efficient and sustainable ways of doing things is a core focus across Capital A (formerly AirAsia Group).
We are now much more than just an airline with over 20 products and services on our super app(AAMove )leveraging off each other including flights, hotels, food, retail, delivery, ride hailing and more.

I am truly excited about this partnership between Avolon and AirAsia and the potential for zero-emissions ultra-short-haul air travel in Southeast Asia.
The digital era is now. In the VX4, we have identified what we believe will be the eVTOL aircraft of choice and we are thrilled to be the launch airline for the aircraft in Southeast Asia.
We are also delighted to extend our long-standing relationship with Avolon, which has a proven track record of delivering for its customers and is in sync with our goal to become the leading one stop travel and delivery platform in Asean.”

Stephen Fitzpatrick, CEO of Vertical commented:
"We are delighted that AirAsia is the latest leading airline committing to lease our zero-emissions VX4 aircraft. AirAsia provides many fantastic opportunities to travel around some of the most beautiful and diverse countries in the world, and I am thrilled that we will be bringing zero emissions flight to people all across Asia.”
VX4 Aircraft will launch by 2025, vertical take-off, like a taxi, but it's flying... wow...just be patient...those holding CapitalA...!?
Not only AirAsia Brand n Asia Aviation Capital(Leasing Sub)...to be listed as SPAC in Nasdaq... CapitalA has 4 others earnings growth prospects businesses in Teleport, ADE, Santan n AirAsia MOVE (Digital).🤓

KUALA LUMPUR, 20 January 2024 - AirAsia continues to be people's choice in the travel category, winning the Platinum award at the 2023 Putra Brand Awards in the Transportation, Travel and Tourism category.

The airline secured the highest accolade at the awards, surpassing notable competitors in the industry to emerge as the leader in excellence.

The award received over 11,000 responses from consumers across Peninsular and East Malaysia who participated in the consumer preference survey to determine their preferred brands across 24 different product and service categories.

AirAsia brand co. Chief Executive Officer, Rudy Khaw said: “As the people’s airline and brand, AirAsia takes great pride in being a catalyst for connecting communities, fostering economic growth, and enabling dreams to take flight. Receiving this Platinum award is particularly inspiring for us as we were back in full swing in 2023 flying close to 61 million guests by the end of the year. We extend our sincere gratitude to all our guests who continue to support and motivate us to enhance our service further and be even better as a brand.

“As we celebrate this award, we also acknowledge the importance of constantly evolving to stay relevant in a dynamic and competitive industry. A strong brand is not just a logo, it is a reflection of our values, and it is through this lens that millions of our guests connect with us. As we look to the future, we are excited about the prospect of reviving our brand to even greater heights, better serve our guests, maintain our position as the people’s airline, and embrace the challenges and opportunities that lie ahead.”

The Putra Brand Awards is an initiative by the Association of Accredited Advertising Agents Malaysia (4As) aimed at recognising local and international brands that have had an impact on Malaysians. It is also the only award chosen by the people.
AirAsia Newsroom.
AirAsia Brand is going international...Nasdaq...so it's franchising business...just like Macdonald/Starbucks...both are still Negative Equity...famous Brand worldwide...having such competitive advantage...🤓

CAPITALA Weekly Pivot Point Momentum!
S2: 0.64.
S1: 0.68.
PIVOT: 0.72(Probably the Golden Cross, 50MA above 200MA)
R1: 0.77..
R2: 0.82.
Dis: Trade at your own Risk!

AA/CapitalA...we already hold more than 6 years.
Our cost of capital employed...lower than @0.64...do not feel jealous...when we win @30/50%...by March n July...'Hit n Run'(Cut-Win)...so we are unethical LOH!?
Plus 'hentam' the warrant @0.20/0.205.!?
Cut-Lost ethical LOH!?🤓
Volatility of AA/CapitalA...52WK...latest is around #75%...can sit n shake legs for #3 years LOH!?

AA/CapitalA...we already hold more than 6 years.
Our cost of capital employed...lower than @0.64...do not feel jealous...when we win @30/50%...by March n July...'Hit n Run'...so we are unethical LOH!?
Plus 'hentam' the warrant @0.20/0.205.!?
Cut-Lost ethical LOH!?🤓

Income
Plenty of other stocks to buy, why must hit n run for Cap A? Sslee shows us the real facts and figures… very PN17 characteristics!
What's the Uncle Sslee knows about AA/CapitalA...he don't invest all these years, we already hold more than 6 years.
My cost of capital employed...lower than @0.64...do not feel jealous...when we win @30/50%...by March n July...so we are unethical LOH!?
Cut-Lost ethical LOH!?🤓

These few years, more than 4 years...CapitalA no dividend...so action needed when share price limit down... oversold!?
When it's below @0.645(Triple Bottom)...below #52WK...what are Mr. Market Reaction... Technical Rebound bound to happen...so just buy low n sell higher later!?
Of course u must allocate maybe #10/20%...to 'Hit n Run'!?
It's unethical to 'Hit n Run'!?... that's money makes money... it's the most dirtiest commodity.
Apa mahu lagi...🤷🤓

Sslee
Geary is right, the question why Stony talk so many blah, blah black sheep long story for what🤦🤓 while shareholders is still waiting for result untill neck also long long and pain?
U the one also... Uncle Sslee....just be patient n wait...July/August...most probably another Magic Accounting LOH!?

UlaSawa
it is very difficult job for aax to turn shitt into gold. It may bring AAX down back to PN17.
8 minutes ago

That's your guessing game only... Negative Equity of 33B, can become positive...I myself also don't believe...but it happened.
Now AAX Uplifted from PN17...so changes is good for another Magic Accounting from Sir Tony n his team...🙏🤓

Don't be so naive in stock market talking about ethic n normal trading scenarios...nobody cares LOH!?
Hedge Funds, or syndicates are shorting weak n poor FA stocks...they earn ton of money!?
Not only in Bursa, other countries also the same!?
They talk about good moral or whatsoever in religion meh!?
They are so many naive attitude, they think business men, CEO, BOD, will listen or bother to read their grievances!?
Crazy lah...they so busy with the work flows...where got time LOH!?
Bursa SC also can't be bother reading all the nonsense...as long the shares having huge trading income for them, they are bound to list it, whatsoever , unless some cheating or fake accounting from BODs!?
That's why ignorant how to stay n invest to stock market everywhere!?
Kena swallow full by sharks, crocodiles lah!?
Who are these people we must recognize...for example whatever red chips listed outside China, better don't buy n hold!?
🤓

Waste of time n effort reading some blah blah analyst... without running airlines, teleport, engineering, catering plus others business collaborating with airlines!?
These few years...CapitalA no dividend...so action needed when share price limit down... oversold!?
When it's below @0.65...what are Mr. Market Reaction... Technical Rebound bound to happen...so just buy low n sell higher later!?
Of course u must allocate maybe #10/20%...to 'Hit n Run'!?
So as to have some profit n reducing your cost of capital employed.
Simple thing why make so difficult!?
Writing blah, blah black sheep long story for what🤦🤓

Mabel.
The non-aviation businesses he was referring to include logistics business Teleport, Move (online travel agency and fintech firm BigPay), airline engineering and maintenance services provider Asia Digital Engineering, food company Santan, aviation consulting firm AirAsia Consulting, AirAsia Academy, among others.

I think many don't understand aircrafts configurations.
Wide Bodied/Twin Aslie Aircrafts, top are passengers, below are unitized cargoes. Plus bulk hole, like car bonnet.
Narrow Bodied only have bulk holes, roughly around 1,000/1,500 kgs.
Wide Bodied around 20/30K of unitized cargoes.
321F roughly above 60,000 kgs.
747F above 100K.
350F above 120K.
CapitalA are servicing cargoes, passengers check-in, baggages, catering, cleaning n laundry.
Teleport Everywhere leasing its own freighter fleet of 321F.
Collaboration with DHL/Shu Feng/FedEx,
ADE(MRO)...all aircrafts need maintenance, engine change, oil n lubricant, digital services....net margin above #20%.
AirAsia MOVE, don't know yet!?
Santan/Restaurant...normal business.
Plus others
CapitalA will be more resilient than AA Aviation 🤓

investor_lauzy
100% profit is possible here
18 minutes
Yup...hopefully...above @0.60...will sell #50%...so holding cost of capital is zero!?
Why hold... because company did paid dividend/bonus.🤓

dragon328.
The main reason I added along the way is because I think the share price is still undervalued at current prices, and there is still ample upside if I hold long enough. The key is also that I feel the downside is limited in foreseeable future for YTLP and it is not easy to find another blue chip liquid stock that has similar upside or higher dividend yield than YTLP at my average buy-in price.
Well...my cost is now zero...ya...feel like adding...hope it retraces... nobody can predict...let Mr. Market/Crowds decide... Utility/Data... don't know how the crowds... Reaction/Action...🤓

Realrich
Should I buy or sale? Coconut say 0.60 good123 say 0.80. Who should I follow

Q @0.68...Probably...the consolidating support...let Mr. Market decides the prices everyday...we only see..reaction... action...🤓

Sslee
Geary average capA holding cost after 6 years holding is still below RM 0.6
10 hours ago
Added @0.735...Max...in my portfolio...Averaging Up...<@0.62.
Hopefully easier to zero down capital...if Limit Up...@1.25/1.50.!?
Oh!...just yesterday was mentioning about...Insas...can Limit Up or Not...!?...Today up ..#21%...so u sold some👍🤓

Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD
2022-06-27 15:47 | Report Abuse

Added Utility is long term ◉‿◉
That time, June"22, was around @0.70.
Sold #50%...Hold(Zero Cost)...#5%(Portfolio Average)🤑
Sold...Hold #2.5%(Freezer)!
Target: 🎯!?

SHOB
put it in my safe box see after in mid june
1 week ago
Yup...Invested...@0.32...🤓

Bull13
ECONBHD is the dark horse when the list is announced tomorrow..or tonite
3 hours ago
Yup...Added...Averaging Up...@0.30...🙏🤓

stockraider
U ask yourself this lah!
Can Capital A pay any div to u the next 3 yrs leh ?
Very unlikely loh!
Insas with its wealth n balance sheet and shareholders have been growing every yr mah!
Insas pays div every year.....in fact Insas is comparable to Berkshire Hathway that do not pay any div but growth the co shareholders fund every yr mah!

Crucial Point is share market value goes up...we sell...#50%...so our balanced holdings are zero cost... understand!?

Dividend/bonus become #100%!?
Berkshire Hathaway shot up to Mar...limit up n up n up...40,400%...!?
U can keep on dreaming...Insas can go up...1,000% or not!?
As I mentioned earlier...limit up...100%...I will buy/hold...sell #50%...cost is zero...#100% DY!?
U can keep on dreaming...comparing Berkshire...like Insas....comparing a stone with a polished diamond... hahaha...😁🤓

stockraider
Basic 123 investing loh!
U invest into Co like Capital A & AAX.....that need to clear its debts & have negative shareholders fund loh!
Thus it is a long way to go.....to just to survive loh!
Insas....already well ahead of ....as the share price.....there is no issue on survival bcos huge margin of safety loh!
The key is avoid gambling....if want to be successful loh!

If u willing to accept criticism without malice...then I feel Insas is cheating its shareholders.
Owners Earnings itself above #1.00(Must pay special dividend, if they cannot allocate...for better return for shareholders)...why asking money from shareholders...n diluting its shares!?
Plus dividend below normal #10-Yr bond of #3.6%!?
Purely inefficient management...I straight but into 'Inari'...much better... dividend n bonus mich better...if share price limit down...🙏🤓

stockraider
Do not get kon investing into Capital A & AAX loh
These are bankrupt companies loh!
3 minutes ago
Uncle stockraider...your Insas...can Limit Up...!...#2.00...Or Not...if can I will buy/hold....then how the DY ..less than #3%...how to beat Inflation n Depreciation...!?
Money in EPF/Banks/ETF/Funds... much better return on capital...LOH...!?
Company without paying dividend/bonus....are cheating...plus issuing rights...with huge free cash are cheating also...🤦🤓

paulthesotong
CapA to merge aviation assets with AAX at RM5 B valuation.; say sources. According to The Edge Weekly.

Ya...rumors of otherwise...more or less around RM 5B. Plus SPAC AA brand 4.5B. Can 'Kaotim'... its Negative Equity of above #8B...!?
We shall wait...until July/Aug...'24.!?
AAX Negative Equity above 33B can magically 'KaoTim'...that time I saw also dare not buy/hold ..buy chance run away!?
Most of the time opportunity, can have anxiety...but your calculative allocations, processes, etc...how much money u are prepared to 'Wager'...🙏🤓

MSA...stsrted 1946/47...!?
The airline ceased operations after in 1972 when both governments decided to set up their own national airlines,
Malaysian Airline System (MAS; Delisted from Bursa) and Singapore Airlines (SIA).
SIA(SQ: IATA Code)...becomes so successful...but MAS so corrupted!?
AirAsia started at RM 1, 2001, listed in 2002(#1.25)!?
Consider still in youth years...SIA already so assets rich...more than #70 years of trials n tribulations!?
End of the day...Gut Feeling...AA Aviation will have budget, long/medium/short hauls...just like SIA.!?
Teleport Everywhere will be under CapitalA Bhd...with its fleet of freighters... headquarter in Aquino Manila.
ADE(MRO) n AirAsia MOVE...listed Entities. Plus AA Brand in Nasdaq.
So one in US, four in ASEAN.(AA Aviation, CapitalA, ADE n AirAsiaMOVE)!?
To our Success...🙏🤓!

AirAsia Newsroom Latest:
We are confident that by separating the aviation business from Capital A, the non-aviation businesses within the group, which we feel are currently undervalued by the market, will also be recognized for their intrinsic value and potential.
Tony Fernandes
GROUP CHIEF EXECUTIVE OF CAPITAL A BERHAD.

It also hopes to add routes to Europe, South America and Africa by the end of this year.

Fernandes, who told the briefing that he intends to retire within five years, said the airline sale would help Capital A raise funds and focus on its non-aviation business, which include payments firm BigPay, logistics arm Teleport, and online travel agency airasia MOVE.

"We are confident that by separating the aviation business from Capital A, the non-aviation businesses within the group, which we feel are currently undervalued by the market, will also be recognized for their intrinsic value and potential," he said in a separate statement.

Plus a listed Entity in US n four in ASEAN.
Let see by August, 2024 n beyond...of course after averaging up till #20% of our portfolio (A: @0.60)...will zero down capital employed...n hold #10%...Riding Upsurge Wave...🙏)
Big Money is in the...Sitting...n Emotional Discipline...Be prepared 🤓
AAX...most probably...Share in Specie...don't know how much ft m our holding of CapitalA.
For example...if u get 2 free shares of AAX...then u can buy another 2...so your cost will be half. Whatever we buy/hold...our cost of capital must keep on reducing...so as to take back out original capital.
Hold only company that pay dividend/bonus...other than that .. it's just :Hit n Run'...🤓

AirAsia Newsroom Latest:

SIR TONY FERNANDES’S GLOBAL EMPIRE TO BE BROKEN UP INTO FIVE LISTED COMPANIES “UTLIMATELY”!
One in Nasdaq n 4 in ASEAN!
Already hold more than #6-Yr. Another's #5-Yr...No Problem!
Hopefully some dividend after 2024!?🙏🤓

EatCoconutCanWin
SIA interested to join cap A. Buying price at 0.735-740.

I don't know...if listed in Nasdaq/,AA Brand...maybe they are interested!?
Temasek is majority shareholder in SIA...they are holding probably more than 30 listed entities.
It's under MOF...but privately manage by street smart individuals.
GLC funds is fully under MOF.
Temasek probably has $#400M.
Plus GLC, around $1.2B.
Hard to guess LOH!?🤓

Realrich
Air Asia aviation group limited share price 2.12thb equivalent to RM 0.28.

AAX to AA Aviation Group...is a better choice n management!?
Just like SIA Groups... SATS n SIA ENG... separated listed entities...each having ita own team n management. That's was requested by LKY.
SIA now has Long/Medium/Short Hauls... together with SIA Cargo... SIA Aviation Holdings Ltd.
SATS is handling cargo, pax, catering, baggage, laundry n cleaning services.
SIA Eng is MRO mechanical/electrical, fuels n others.
SIA don't have SuperApp...like AirAsia MOVE...
Plus Teleport Everywhere... leasing its own freighter fleets (within 1 year...above 10...Airbus...321F). SATS don't owned any freighter.
🙏🤓!

Sslee
Asia Aviation Public Company Limited current market capital is 26.98 BTHB that is why in Q2 capA report an accounting gain on remeasurement of previously held interest in associate RM 1,369.3 million.

Uncle Sslee... analyze not only Income statement... balance sheet n especially the cash flow statement...RM 1,369.3...is negative in cash flow from operations.
Owners Earnings... Positive...!?
Being holdings AA/CapitalA for more than #6 years... average @2.00...capital return from DY...@1.66.
Averaging up...still below #0.60.🤓

AirAsia Newsroom Latest:

Commenting after his meeting with Thai PM Srettha Thavisin,
Sir Tony Fernandes, the chief executive officer of Capital A, the parent company of AirAsia, said it was time Bangkok became the global aviation hub of Asean,
just like Dubai is the global hub in the Middle East.
Bangkok still No. 1 in ASEAN!?
Kota Kinabalu...AA tourist hub!?
Teleport Everywhere will station at Ninoy Aquino, Manila!?
Teleport/Santan/Ground Handler Red Team, handling of cargo, pax, catering, baggage, Laundry, aircraft cleaning, etc.
ADE... maintenance, overall digital, mechanical, wirings, fuels, etc!?
The wonderful business is... AirAsia MOVE...cannot estimate its profit Margins...!?
🙏🤓

newbie5354_
Sifus if 73-74 sen cheap why Tony Fernandez not buying?

I don't know...u ask Sir Tony...his holdings already lots of shares!?

U can be naive, like.a teenager asked Buffett, why Berkshire market value go down!?
Buffett gave him some...See Candie's...so his mouth is shut...!?
When u grown up...probably u know...but there isn't a single equation/component/ratio...to determine the Future Intrinsic Value!?
That's the difficult part🙏🤓

Realrich
Sslee please answer my question

Don't waste time with... Grumpy Grandpa lah...!?
Lots of half baked truths... some more pray investors will curse...Sir Tony...if suspended/delisted.
He thinks CapitalA is Pariah company like others!?👺

EatCoconutCanWin
Buy in 0.745

High Beta stock...by 11am...just check...Q @0.71...can't Matched!?
Strong Support @0.74...!?
Let see after 4pm...up or down...cannot predict...action/reaction...need to be fast... morning/afternoon different scenarios...🤓