Walauerh...Still my average price...@0.80...Something fishy...insiders are manipulating...right/left hand...🤔🚀

Walauerh...Non of Scalpers... business anyway...we eagle eyes at...Daily Price Movements/Momentum...of course... Cut-Loss...also happenings...but below...#7.2%...!?
PN 17, bankruptcy, oil prices lah, lah, lah...we look at Micro/Macro...n take action...as per trading days ..🤫🤔🙏

Hello...Nerdie...Did u attack when price was at...S1: 0.805/0.815...So any price movement...above R1: 0.875/0.88...Just Sell...Be a Scalper...above...#7.2%...can beat... inflation n depreciation... everyday...🤫🤔🚀

Hello...All Good for Nothing Trash Talkers or Trollers...all these bankruptcy theories... irrelevant for us anyway...we are Swing/Day traders...'Hit n Run'...any price movements above #10.8%...we still beat all these Mr. Tan Ku Ku...for another @0.60/share...all past trends...of buy low sell higher...Now the price movements are at different times n trends...Wake Up...trollers...be counted to...Win...above...#6%...every SMA50...We don't trim positions...when companies don't pay dividends...we are...Scalpers...🤫
Daily Pivot Point Momentum!?
S: 0.815.
PIVOT: 0.845.
R1: 0.875.
R1: How many days!?
Dis: Trade at your own Risk.
Don't blame others for your losses 🤮

Blind telling the blind...the Price now is...@0.90...did u wear thick glasses...A Nerd...🤮🤦🚀

SPAC Funded scenario for CapitalA...Gut Feeling...it's so much different from others not so well established company like...Grab(Still unprofitable), or every year unprofitable or equity negative companies.
It takes around #3 to 6 months...to be listed in Nasdaq...then we shall see how those crowds of traders/investors...will React...Still Don't Know the real scenario...when it's listed.
Anyway it's a Leading Low Cost Airlines...in SEA, SuperApp (AirAsia MOVE, BigPay, Teleport n ADE (MRO)...so the crowds reaction will be...Positive...🐂:65%...🐻:35%...🚀

Final advice...as long your Return on Capital Employed cannot...beat Inflation n Depreciation of around...#6%...then u are losing in stock markets...as a traders or as an investors...🤔🤫

Mr. Tan Ku Ku...love company share price to stabilize...like Insas...just a losing return of #3.5% per year...they cannot see meh...!?
They keep inside bank deposits, at least better...no price movements...very safe...but return cannot beat... Inflation n Depreciation...So How...Mr. Tan Ku Ku...keep on complaining loh...why everything goes up...no buying power...why Ringgit keep on depreciates against ... Singapore Dollars LOH...🤫🤔🤮

All these Mr. Tan Ku Ku...can keep in complaining...Even SGX also cheated by so many 'Red Chips'...suspended...so many were burnt of the CPF, plus recently Hyflux. Business is all about money...dirtiest commodity... it's written n Chinese as two swords ⚔️ fighting...!?
How about SIA ..pump n dump loh...Temasek sold how many shares, to reduce it's MCB...after 3 years...from almost @8.00...now it's @6.00. SIA dropped almost @2.00. Don't sell... it's just plain Naive... don't know what the F...k...they are doing in stock markets...Dogs Eat Dogs...traders atmosphere...🤫🤔🙏

StartOfTheBull
Consider it is fortunate today closed flat from the hight of 87.5c, or else Mr Tan Ku Ku will have hard time again burning midnight candle to write complaint letter to Bursa again.

Somehow I feel they pretend or do thing on purpose...trolling...pretend so naive... don't know macro...only talking about micro ...!?
FA strategy is very high risk...in this so competitive business environment... Nothing is Forever...like MOAT...!?
Just advice for many...Dry Powder...very crucial to survive to stock markets...that's why Buffets...free cash is still very, very High...to 'Hit n Run'...also. To reduce cost of capital to zero cost...so as to have #100% DY....if company pay regular dividend at least 10-Yr in average...But keep an eagle eyes on its sales n margins ..🤫🤔🙏

Hahaha...Today quite a numbers of Mr. Tan Ku Ku...Queing at @0.725...@0.75...well keep in trying...these prices are all past tenses LOH...our past prices LOH...🤫🚀

CapitalA haven't listed in Nasdaq...so many wild dogs...barking up the Wrong Tree... it's still a Rumour...few of its business entity going to be listed... People say buy on Rumour...Sell on News...Talk like Chicken Naive...🤮

FinanceInRealLife
Is this how Capital A (AirAsia) gets out of PN17?
It's just nonsense or Bursa Accounting Issue... CapitalA is business as usual...as long every quarter big profits... that's the RP...wasted time asking for RP... every uptrend...Just...Hit n Run'... Everywhere the same...Tan Ku Ku...for DY of #2.5% like Insas...still lost #3.5%...in inflation n depreciation. They know how to trade or not...Buy n Hold...Bursa n many Listed companies here aren't Good Enough for long term...🤫🤔🚀

Home News
News
Taking Flight Together: Teleport, VietJetAir Cargo Partner For Seamless Air Cargo Solutions
By Cynthia Ignatius -November 2, 2023

Teleport announced a new partnership with VietJetAir Cargo.

Both companies signed a MoU at the Air Cargo Southeast Asia 2023 event in Singapore today (Nov 2).

This partnership enables Teleport and VietJetAir Cargo to mutually extend its network, combining Teleport’s largest Southeast Asia air cargo network of over 80 destinations with VietJet’s global flight network.

Francis Antony, Cargo Group Head of Teleport says, “VietJetAIr Cargo will be able to leverage on our freighter capacity and we are able to move goods across key lanes such as Kuala Lumpur to Vietnam. Together, we will bolster economic connectivity between Vietnam and the region, ensuring seamless connectivity and enhanced services for both our customers.”

Nelson Wu, Vietjet Air Cargo Managing Director says, “Our global supply chain capabilities will be extensively bolstered following Teleport’s partnership. We will be able to serve businesses in diversified areas and at quicker speeds, providing comprehensive logistics solutions to our customers worldwide. This especially empowers our businesses in Southeast Asia to engage in global trade with greater ease and confidence in the coming time.”

Capital A, Garuda Indonesia Ink MOU On Airline, Cargo And MRO Services
September 27, 2023
In "News"
Teleport To Add Three A321 Freighters To Its Cargo Fleet
September 12, 2022
In "News"
Teleport, China’s SF Airlines To Cross-Share Logistics Network
October 2, 2023.
More Great News from AirAsia Newsroom.
A lot of 'Tan Ku Ku...in CapitalA...below @0.60...said waiting for @0.50...how many times already...Up/Down...how many times...#20% Swing Traded Profit ..Just Waiting to Swing...n Shake Legs for at least a year...Mr. Tan Ku Ku... keep on barking loh...see whether u can get cheaper prices... that valuation was past tense LOH...🤫🚀

Monetary Policy Statement
Embargo : Not for publication or broadcast before 1500 on Thursday, 2 November 2023
2 Nov 2023
At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent.

The global economy continues to expand, driven by domestic demand amid strong labour market conditions. Some signs of recovery are emerging in the electrical and electronics (E&E) sector, but global trade remains soft partly due to the shift in spending from goods to services, and ongoing trade restrictions. Global growth remains weighed down by persistently elevated inflation and higher interest rates, with several major economies experiencing slowing growth momentum. There are early signs of improvement in China’s growth, though its property market remained weak. Global headline inflation edged up partly due to higher commodity prices, while core inflation continued to moderate. For most central banks, the monetary policy stance is likely to remain tight. The growth outlook remains subject to downside risks, mainly from higher-than-anticipated inflation outturns, an escalation of geopolitical tensions, and a sharp tightening in financial market conditions.

For the Malaysian economy, the advance GDP estimate points to an improvement in economic activity in the third quarter. Growth in 2024 will be driven mainly by resilient domestic expenditure, with some support emanating from the expected recovery in E&E exports. Continued employment and wage growth remain supportive of household spending. Tourist arrivals and spending are expected to improve further. Investment activity would be supported by continued progress of multi-year infrastructure projects, and implementation of catalytic initiatives under the national master plans. Measures under Budget 2024 will also provide additional impetus to economic activity. The growth outlook remains subject to downside risks stemming from weaker-than-expected external demand and larger and protracted declines in commodity production. Meanwhile, upside risks to growth mainly emanate from stronger-than-expected tourism activity, a stronger recovery from the E&E downcycle, and faster implementation of existing and new projects.

As expected, both headline and core inflation have moderated, mainly due to easing cost pressures. In the third quarter, headline and core inflation averaged at 2.0% and 2.5%, respectively. Going into 2024, inflation is expected to remain modest. Risks to the inflation outlook remain highly subject to changes to domestic policy on subsidies and price controls, as well as global commodity prices and financial market developments. Of note, the Government’s intention to review price controls and subsidies in 2024 will affect the outlook for inflation and demand conditions.

The expectations of a higher-for-longer interest rate environment in the US, and increased concerns over the escalation of geopolitical tensions have contributed to a persistently strong US dollar. This has affected other major and emerging market currencies, including the ringgit. Nevertheless, these developments are not expected to derail Malaysia's growth prospects. Bank Negara Malaysia will continue to manage risks of heightened volatility, including to provide liquidity, to ensure the orderly functioning of the domestic foreign exchange market. Financial institutions continue to operate with strong capital and liquidity buffers, with domestic financial conditions remaining conducive to sustain credit growth.

At the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of the inflation and growth prospects. The MPC remains vigilant to ongoing developments to inform the assessment on the outlook of domestic inflation and growth. The MPC will ensure that the monetary policy stance remains conducive to sustainable economic growth amid price stability.

The meeting also approved the schedule of Monetary Policy Committee meetings for 2024. In accordance with the Central Bank of Malaysia Act 2009, the MPC will convene six times during the year. The Monetary Policy Statement will be released at 3 p.m. on the final day of each MPC meeting.
BNM.
🐂: 60%...🐻: 40%...🚀

SYDNEY: Asian shares and bonds extended a global rally on Thursday as a non-committal Federal Reserve chief had markets double down on bets that U.S. interest rates have peaked and cuts are on the way.

Europe was also set for a positive open, with EUROSTOXX 50 futures up 0.7% and FTSE futures rising 0.5%. The Bank of England will meet later in the day, and markets suspect that its tightening cycle is also done and dusted.

S&P 500 futures rose 0.3% and Nasdaq futures advanced 0.4%.

Investors are now awaiting the results from Apple, a bellwether for consumer demand and the tech sector. The Cupertino California-based company is expected to report a 1% decrease in quarterly revenue later in the day.

MSCI's broadest index of Asia-Pacific shares outside Japan surged 1.6%，the biggest daily jump since late July. Tokyo's Nikkei gained 1.1%.

China's blue chips slipped 0.2%, while Hong Kong's Hang Seng index jumped 0.9%.

Overnight, the Fed held the policy rate steady in its current 5.25%-5.50% range. While Chair Jerome Powell did not rule out another hike, markets judged he was not quite as hawkish as he might have been.

Fed funds futures rallied as markets pared back the risk of a December hike to about 20% and a January move to 25%. Markets have priced in a 70% chance that the tightening is over and rate cuts could amount to 85 basis points next year, beginning as soon as June.

Wall Street and Treasuries jumped. The S&P 500 gained 1% and the Nasdaq Composite surged 1.6%.

The benchmark 10-year Treasury yield eased another 1 basis point to 4.7196%, the lowest in more than two weeks. Overnight, it tumbled 14 basis points, the biggest daily drop since March, also thanks to a Treasury announcement that the government will slow increases in the size of its longer-dated auctions.

"Fed Chair Powell certainly reserved the right to hike rates again, but our takeaway is that the Fed is very likely done with rate hikes," David Chao, global market strategist, Asia Pacific (ex-Japan) at Invesco, said in a note to clients.

"This certainly gives Asian central banks such as Indonesia and Philippines more wiggle room to hold rates instead of raise them," said Chao, adding he expects international assets, especially emerging markets, would outperform U.S. assets.

The next big focal point for the market is non-farm payrolls data on Friday, which analysts expect to show the economy added 180,000 jobs in October, slowing from 336,000 increase the previous month. It will come after mixed data showed strong job openings and slower than expected growth in private payrolls.

For currencies, the retreat in Treasury yields pulled down the U.S. dollar modestly, while the improvement in risk sentiment gave a lift to the battered Aussie and kiwi dollars, which rose 0.5% and 0.7%, respectively, to multi-week tops.

"Although the FOMC may not be talking about it today, within a few months, the question will no longer be 'Will they hike again?' but 'When will they cut?'," said Seema Shah, chief global strategist at Principal Asset Management.

The yen continued to regain ground - up 0.3% to 150.42 per dollar on Thursday. It had hit a one-year low after a Bank of Japan decision to ease its control over the 1% cap on 10-year yields, with the tweak seen insufficient to close the wide interest rate gaps between Japan and other countries.

Whatever FA...don't really move markets prices... expansion n contraction of free cash flow... overall moves markets prices...any reduction of interest rates will ultimately...🐂... bidding/asking are squeezed...lots of Dry Powder... flowing freely...to all Markets... Don't pretend to be Naive of Micro/Macro Economic...🤫🤔🚀

Festive Season Airlines fares n others:
Fares for Singapore-Malaysia route nearly triple for Chinese New Year period
Published Thu, Nov 02, 2023 · 9:10 am

Demand for air tickets to Malaysia have tripled for the Chinese New Year period, said Jetstar Asia. PHOTO: ST FILE
Chinese New Year

TRAVELLERS planning to make a trip to Malaysia during the Chinese New Year period in 2024 can expect to fork out up to three times more for airfare and bus tickets.

More than three months before the festive occasion on Feb 10 and 11, many from Singapore who plan to celebrate in Malaysia have already snapped up tickets to escape paying inflated prices caused by the expected spike in demand.

One of them is Ms Cheyenne Lim, who bought return flight tickets to her parents’ home town of Penang for three people on AirAsia for S$273 each.

Ms Lim, 23, who works in the food and beverage industry, said: “If we don’t buy early, the fares may double nearer to the Chinese New Year dates.”

She bought the tickets for her Feb 10 to 18 trip in March 2023, almost immediately after they were made available on the airline’s website. As at Wednesday, the same route costs S$526.

In 2022, Ms Lim took a domestic flight to Penang from Johor after hiring a car to cross the border, as round-trip airfares from Singapore cost more than S$500 each two months before Chinese New Year.

CapitalA: Confirmed Unprecedented Sales/Profits...4th Quarter...End Feb, 28, 2024...Plus substantial Free Cash Flow...🤔🙏🚀

Brent futures fell 39 cents, or 0.5%, to settle at US$84.63 a barrel. US West Texas Intermediate crude fell 58 cents, or 0.7%, to US$80.44.

NEW YORK: Oil prices eased about 1% to a three-week low on a rising US dollar and after the US Federal Reserve kept interest rates steady as expected but noted it would keep the door open to possible future rate hikes due to a strong US economy.

Interest rate hikes can slow economic growth and dampen oil demand. A strong dollar makes it more expensive to buy fuel using other currencies, pressuring prices.

Brent futures fell 39 cents, or 0.5%, to settle at US$84.63 a barrel. US West Texas Intermediate (WTI) crude fell 58 cents, or 0.7%, to US$80.44.

That was the lowest settlement for Brent since Oct. 6 and WTI since Aug. 28. Both contracts settled below their 100-day moving averages, a key level of technical support since July.

Trade was choppy, with both benchmarks up over US$2 a barrel early on Middle East worries.

The Fed, which started raising interest rates in March 2022, held rates steady but left the door open to a further increase due to a strong US economy.

The US dollar rose to a four-week high against a basket of other currencies. Crude futures were also pressured by an increase in US crude stocks and gasoline inventories last week as refiners undergoing seasonal maintenance restarted units more slowly than expected to avoid even larger gasoline stock builds.

In Europe, October inflation in the Euro zone was at its lowest in two years, a Eurostat flash reading showed, stoking the view the European Central Bank is unlikely to hike interest rates soon. The Bank of England is expected to meet on Thursday.

In China, the world's largest oil importer, factory activity unexpectedly contracted in October, a private survey showed, adding to downbeat official figures from a day earlier.

Middle East worries

"The oil market will remain fixated with the deteriorating demand outlook and if any of the latest developments with the Israel-Hamas war will lead to any supply disruptions," Moya at OANDA said.

In Gaza, a first group of injured people were evacuated to Egypt, a source and Egyptian media said, as Israeli forces pressed their battle against Hamas militants.

Iran's Supreme Leader Ayatollah Ali Khamenei called on Muslim states to cease oil and food exports to Israel, demanding an end to its bombardment of the Gaza Strip, state media reported.

Iran, a member of the Organization of the Petroleum Exporting Countries (Opec), produced around 2.5 million barrels per day of crude in 2022, according to US energy data.

Callum Macpherson, head of commodities at Investec, said that if there is no threat to output from the war, "oil may struggle to sustain prices around recent highs without support from Opec+ into 2024, making their meeting later this month crucial." — Reuters
Whatever fundamental all can bark until the cows come home ...it's not gonna...work... it's irrelevant anyway ...as long no hike in interest rates ... liquidity expansion...more Willing Buyers n Sellers...uptrend is imminent...🤔🙏🚀

TOPICS
Capital A subsidiary gains EASA Part 145 maintenance organisation approval
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AVIATION
Wednesday, 01 Nov 202310:59 AM MYT

Asia Digital Engineering CEO Mahesh Kumar

KUALA LUMPUR: Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) arm of Capital A, has obtained the European Union Aviation Safety Agency (EASA) Part 145 maintenance organisation approval.

The EASA Part 145 maintenance organisation approval stands as a gold standard in aviation maintenance for upholding the highest levels of safety and quality in the company’s operations, Capital A said in a statement.

"ADE’s dedication to high quality of service and safety serves as an inspiration to other homegrown MRO players, and we look forward to the positive impact this milestone will have on our country’s aviation and aerospace landscape,” Transport Minister Anthony Loke Siew Fook was quoted as saying in the statement.

Capital A said ADE’s new state-of-the-art hangar that is currently under construction in KLIA Aeropolis is scheduled for completion by the first half of 2024.

Meanwhile, ADE chief executive officer Mahesh Kumar said the MRO service provider is now able to provide industry leading aircraft maintenance support in Asia-Pacific and beyond.

"ADE will continue to bring the highest work ethics and business standards to Asia-Pacific’s aviation market and become a significant force in MRO services in the region,” he added.

The statement said that in a bid to accommodate its growth, ADE has set an ambitious hiring target for 2024, with plans to recruit 500 to 600 aviation professionals ranging from aircraft technicians to engineers.

This is expected to pave the way for further growth and innovation in Malaysia’s aviation and aerospace sector, it said. - Bernama

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TAGS / KEYWORDS:
Asia Digital Engineering , ADE , MRO, Capital A , EASA
🙏🚀

Capital A chief executive officer Tan Sri Tony Fernandes

KUALA LUMPUR: Capital A Bhd has entered into a letter of intent (LOI) with Aetherium Acquisition Corp (GMFI), a special purpose acquisition corporation (SPAC) listed on the Nasdaq in the United States.

In a statement, Capital A said under the deal, Aetherium Acquisition will acquire all the issued and outstanding share capital of Capital A International, resulting in the formation of a new listed entity.

Capital A said the proposed business combination will be at an indicative equity value of US$1bil based on an independent valuation of the AirAsia Brand.

“This is a coming-of-age moment for Capital A, which has morphed from AirAsia into a low-cost, value driven aviation and travel services group in five entities, the first of which that’s coming to the public market would be Capital A International. We are taking the first step to venture out of our home ground, which is Asean, and exploring listing on the pinnacle of markets in terms of capital raising.

“We are confident that the exposure of the U.S. financial markets and Nasdaq listing would help us accelerate the delivery of our strategy as we improve access to capital, broaden our shareholder base and meaningfully raise our profile globally,” Capital A CEO Tan Sri Tony Fernandes said.

"Our proposed business combination with Aetherium serves as a testament to the growth opportunity ahead. The Asean region in recent years has emerged as one of the world’s most dynamic and fastest-growing economic hubs. Yet, there are limited vehicles for which global investors can participate in the vibrancy of this pivotal market. Leveraging the strength and reach of the AirAsia brand, Capital A International will offer an exceptional opportunity to harness the investment potential of the region."

Under the terms of the LOI, Capital A plans to divest all issued and outstanding share capital of Capital A International.

The LOI with Aetherium Acquisition Corp reflects a mutual interest in the potential collaboration, subject to necessary regulatory approvals and conditions from Bursa Securities, Bank Negara and other relevant authorities.

Capital A remains committed to complying with all regulatory requirements and is optimistic about the potential benefits of the proposed business combination, it said.
🙏🚀

Asia Business Outlook
HOME NEWS.

AirAsia To Raise $1 Billion In Debt Via Parent Company
By: Asia Business Outlook Team | Wednesday, 25 October 2023

Asia Business Outlook Team
Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity and will list some of its businesses through a blank-cheque company, the Financial Times reported on Oct 25. CEO Tony Fernandes has agreed to a deal with Aetherium Acquisition, a special purpose acquisition company, and plans to list several businesses through it next year, the FT reported, citing two people familiar with the deal.

This includes a new business extending the AirAsia brand to companies hoping to start airline franchises in developing countries, the report said. The group has been evaluating fundraising options for a planned U.S. listing after pandemic travel restrictions hit it in Asia, leading Bursa Malaysia Securities to classify it as a PN17 company, or financially distressed, last year.

The potential fundraising also includes a $150 million loan from Bangkok Bank this month, FT said.

Capital A Berhad, doing business as AirAsia, is a Malaysian multinational low-cost airline based near Kuala Lumpur. It is Malaysia's largest airline in terms of fleet size and destinations. AirAsia has scheduled domestic and international flights to over 165 destinations in 25 countries.

Malaysia's national football team, Singapore's national football team, Jamshedpur FC, and Queens Park Rangers are all sponsored by AirAsia. AirAsia has previously sponsored Manchester United as well as the Asia leg of Taylor Swift's Red Tour.
Asia Business Outlook.

CapitalA Bhd Newsroom.
1. Aviation:
Passengers carried outpace capacity growth driven by surge in international demand.

2. MOVE Digital: Record high 15.4M Monthly Active Users for airasia MOVE and 1.5M carded users for BigPay drive up transaction volumes and values.

3. Teleport: Over 100% increase in Cargo tonnage handled and 2x parcel deliveries from FY22, on the return of international flights and healthy growth of eCommerce industry.

4. Aviation Services: Strong growth in ADE, Santan and GTR, boosted by increased flight activities.

KUALA LUMPUR, 25 October 2023 - Capital A Berhad (“Capital A” or the “Group”) has announced operating statistics for its aviation, digital, logistics and aviation services segments for the Third Quarter of the Financial Year 2023 ("3Q2023"End November)
Bullish...🐂...🚀

SKPRES: Oversold...!?
Bought @0.82...🤔

https://newsroom.airasia.com/news/2023/10/26/nadia-omer-takes-the-helm-at-airasia-move-as-chief-executive-officer#gsc.tab=0

WORLD OF BUZZ
SOCIAL STORIES“Next in-flight meal is on me once we recover” –Sir Tony Fernandes Promises to Maintain Low Fares Despite Weak CurrencyPublished 1 day ago October 25, 2023By Azri Azizan
Collage 44Source: TikTok | tonyfernandesairasia

Blessings come in many forms. You’re blessed if you have a shelter with a loving family in it and at work, consider yourself lucky if you have a superior who publicly recognises your hard work.

The CEO of AirAsia, Tony Fernandes recently surprised a flight of passengers soon after they landed with a special in-flight announcement – a gratitude message for all the passengers who have continuously supported the flight company throughout the years. He then expressed what he truly felt about the past 3 years when the pandemic struck, and after the world returned to its norm before Covid-19.

“It has been a hard 3 years, and providing many people with a chance to fly makes me really happy. It makes it all worthwhile.”

The passengers were not the only lucky ones who got to receive the words of gratitude from Tony. The cabin crew, who have been doing their best to serve the people after 3 years of hell and back were also recognised and praised in front of passengers by their CEO.

“It was tough for them. Their pay was cut. They didn’t have the chance to fly for 2 or 3 years. So please give them a round of applause.”

The passengers did not hesitate and they clapped as a token of appreciation for the cabin crew.

Tony admitted that 1 of the best parts about travelling on AirAsia is that he gets to meet guests and personally thank them. And here’s the best part. Tony had another surprise in store for the passengers.

“When we are fully recovered, the next in-flight meal is on me.”

Despite high oil prices and the weak currency, Tony promised passengers that AirAsia will do its very best to maintain low-fares.

You can watch and listen to his words in the clip below.

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Such a cool boss like Tony Fernandes is truly an inspiration (and a huge motivation) to others.

Also read: Tony Fernandes Performs TikTok Dance With Cabin Crew at Their Grad Ceremony to Make Them Happy!

Copyright © 2023 WORLD OF BUZZ. All Rights Reserved

AirAsia Newsroom.
Year-to-date, the consolidated airlines have recovered 76% of passenger volume from the first nine months of 2019.

KUALA LUMPUR: Capital A Bhd’s consolidated airlines comprising AirAsia Malaysia, AirAsia Thailand, AirAsia Indonesia and AirAsia Philippines continued to post a strong load factor of 89% in the third quarter ended Sept 30, 2023 (3Q23).

The aviation and digital lifestyle group said it carried 14.7 million passengers on the back of 16.5 million seats capacity on 152 operating aircraft in 3Q23.

“Consistent high travel demand post-pandemic has resulted in solid year-on-year (y-o-y) growth with a three-percentage point improvement in load factor, achieving close to 50% growth in passengers carried, while seat capacity grew close to 45%,” it said in a statement yesterday.

Year-to-date, the consolidated airlines have recovered 76% of passenger volume from the first nine months of 2019, which surpassed the overall capacity recovery of 73% in the same period.

It said all airlines posted high load factors, primarily driven by the growth in international seats sold.

“AirAsia Philippines took the lead with a remarkable 368% y-o-y increase in international passengers carried, flying over 354,000 passengers.

“This is followed by AirAsia Thailand carrying 1.8 million international passengers, up by 164% y-o-y. AirAsia Malaysia and AirAsia Indonesia both showed about 100% y-o-y growth to 3.1 million and 1.1 million international passengers, respectively,” it said.

On its digital segment, Capital A said airasia Move, which was rebranded recently from airasia Superapp, achieved a new record of 15.4 million average monthly active users, up by 61% y-o-y.

“This has led to another new high of 8.3 million transactions, up by 65% y-o-y,” it said.

As for BigPay, it said carded users increased by 14% y-o-y to reach 1.5 million users, while gross transaction value has also shown encouraging progress, rising by 24% y-o-y with broad-based growth across all products.

On the logistics segment, Capital A said Teleport continued to deliver strong quarterly performance in its core operational metrics.

“For cargo segment, we delivered 57,309 tonnes, a 115% increase y-o-y, and this success is further underscored by a healthy belly utilisation rate of 15% (up from 12% y-o-y), an achievement made possible by the return of international flights, which significantly expanded usable belly capacity,” it said.

Meanwhile, the delivery segment continued to post impressive growth, delivering 7.4 million parcels during 3Q23, it said.

“(Year) to date, it has delivered 17.9 million parcels – already more than double the levels achieved in the 2022 financial year,” it added. — Bernama

AirAsia Newsroom.
Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, and will list some of its businesses through a blank-cheque company, the Financial Times reported on Wednesday.

Capital A CEO Tony Fernandes has agreed to a deal with Aetherium Acquisition, a special purpose acquisition company, and plans to list several businesses through it next year, the FT reported, citing two people familiar with the deal.

This includes a new business extending the AirAsia brand to companies hoping to start airline franchises in developing countries, the report said.

The group has been evaluating fundraising options for a planned U.S. listing after it was hit by pandemic travel restrictions in Asia, leading Bursa Malaysia Securities to classify it as a PN17 company, or financially distressed, last year.

The potential fundraising also includes a $150 million loan from Bangkok Bank this month, FT said.

Capital A and Aetherium Acquisition did not immediately respond to Reuters' requests for comment.
So Far So Good...There are many Private/Loaded Investors, are salivating on CapitalA n its business models...🐂/🐻...#65%/35%...🙏🚀

The Edge Singapore
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Home News IPO
AirAsia to list through New York spac: FT Felicia Tan
Wed, Oct 25, 2023 • 02:18 PM GMT+08 • 2 min read
AirAsia to list through New York spac: FT
Tony Fernandes. Photo: Bloomberg
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Malaysian entrepreneur Tony Fernandes is planning to raise over US$1 billion in debt and equity for his Capital A conglomerate (formerly AirAsia). He is also preparing to list some of its businesses through a special purpose acquisition company (spac) or a blank-cheque company in New York, according to an article in the Financial Times.

Fernandes was said to have struck a deal with Nasdaq-listed spac Aetherium Acquisition. He is also said to list several businesses – including a new business extending the AirAsia brand – through Aetherium in 2024, according to the paper’s sources.

Capital A has been classified as a distressed company by the Malaysian government in 2021 although the company has asked Bursa Malaysia to lift its classification in July this year.

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The deal with Aetherium is expected to be finalised in early 2024, according to the Financial Times’ source. The spac closed its US$115 million ($157.4 million) initial public offering (IPO) of 11.5 million units in January 2022.

“Capital A still has a lot of debt, which is concerning, but operationally things are going quite well. This year looks like it will be better than the year before Covid,” says Aletheia Capital analyst Nirgunan Tiruchelvam.

“US capital markets are generally much more tolerant of finances like this than markets in Asia,” he adds. “Fernandes has an extraordinary ability to energise his investor audience

KUALA LUMPUR (Oct 24): AirAsia X Bhd (AAX) achieved a passenger load factor of 80% for the third quarter of 2023 (3Q2023), up 7% year-on-year (y-o-y) while seat capacity surged over nine times, hitting 1.01 million seats flown.

The performance was attributed to a 10 times y-o-y increase in the number of passengers with over 807,000 passengers carried in 3Q2023 compared to nearly 80,500 passengers in the same period last year, the medium-haul low-cost carrier said in a statement on Tuesday.

“Available seats per kilometre (ASK) surged close to 12 times higher y-o-y at 4,412 million, bolstered by the increase in seat capacity and the continued recovery of the company’s network,” it added
No problem, all are okay for Airlines, guarantee will uptrend... it's the timing Only...🙏🚀

https://youtu.be/UgPcSES4vZE?si=3PSz9ImvA1tPc-MX
Hari Hari Trolling...🤮🥱😷

HAPSENG Overbought...@5.40.
Sold #80%...Wait for major...Retracement ...!?

Mabel
Thanks for Pushing AA down today...
It was a good catch...
CherMeow

I Q @0.82...Not Matched...next week try @0.78...!?
Lots of buyers, today...@0.845...!?

CapitalA n AAX are okay anyway...Only news wanted to make it so... negative...so I took the advantage to buy on Weakness...Sell on Strength later on...!?
Extension to uplift PN17...okay...so CapitalA, RP... confirmed will extend as on 31st Dec. Extend further...much better for both AAX n CAPITALA...so they can plan thoroughly...🤫🤔🙏

StartOfTheBull
Traders will take advantage of price swing on pessimism...n optimism...So the percentage of Dry Powder....u must decide yourself... even though...u hold a specific business or Equity!?
Holding a stock without...Price Swing...is like dead wood...no life at all...no actions at all...just less than #3% of DY...they are bragging how much money they profited.
Inflation is also #3% yearly... Ringgit depreciated #3% yearly...what Profit they made...Zero...what return on capital...Zero....buy on Weakness...Sell in Strength...Zero lol 😆🤮🤦
It sounds similar to that guy sitting as 29th largest shareholder...yaloh...!?
They thought they are earnings around #3% per year in dividend... actually they are losing their capital employed.
Imagine inflation #3%, all things shoot up...rice, eggs, all necessities...Plus Ringgit goes down #3% yearly. They are losing blindly, they assume they are winning...LOL...😂
If u hold Singapore Dollar...at least u can beat Inflation by #3%... because it appreciated yearly by 3% roughly against Ringgit...!?
So the buying power is still there...even though all things shoot up ..by 3% yearly....🤫🤔🙏

StartOfTheBull
In fact, for those gamblers, this afternoon would have made some quick buck if dared to catch some AAX shares from panic sellers at about RM1.87, of course, those who were sharp and fearless.

Traders will take advantage of price swing on pessimism...n optimism...So the percentage of Dry Powder....u must decide yourself... even though...u hold a specific business or Equity!?
Holding a stock without...Price Swing...is like dead wood...no life at all...no actions at all...just less than #3% of DY...they are bragging how much money they profited.
Inflation is also #3% yearly... Ringgit depreciated #3% yearly...what Profit they made...Zero...what return on capital...Zero....buy on Weakness...Sell in Strength...Zero lol 😆🤮🤦

CapitalA is negative @2.00...Loh...better don't bark n hiss here...anymore...Hold your whatever high NTA, high cash flow, your return still negative because it's only less than 3.6% of average government bond yield!?
U guys are such failures... that's why have so many negative bragging rights...to cheat so many naive...every forums u go..
Also negative bragging rights....🤮🤦😤

Nobody can teach u...u have to learn it yourself...thru...experiences...be flexible to changes... especially technology changes... products n services rapid changes...🤫🤔
Then u can survive...I see not many services/products...can last forever...Be flexible n alert to changes... Nothing is Fixed...Even our Fate isn't Fixed...🤫🤔🙏

Why there are so many Smart Alex's lost ton of money managing other people money...!?
Ask yourself, it's not those smart graduates, or highly intelligent/IQ...they lost billions... historical it was recorded 🤫🤮🤔
Actually many who are successful or I mean survive n have descent return of capital...lost quite substantial of money before...!?
U can ask Soros/Druckenmiller...if u didn't lose money in stock markets...they will never employ U...!?
So learn from mistakes...analyse those mistakes yourself...be flexible to changes...so u can survive in stock markets...🤫🤔🙏

Hold/Swing/Day Trade altogether in single stock or few stocks also can... depends on your cost of capital. Maximum #20... minimum #5...!?
Just now only Matched at @0.87...Sold @0.90...#3.6% Rate of Return...!?
AAX not Matched...Q @1.80...missed out by 0.05...!?
If not also good rate of return...!?
Plus Vice-Versa of Cut-Loss strategy...Minimize your rate of losses...!?
🤫🤔🙏

Whatever lah...Swing lah, Day Trade lah, Invest n hold lah...the basic rate of return...can u beat Inflation of #3% per year, almost everywhere... inflation LOH!?
It your return of capital employed is so mediocre only less than #3.6%, you Only beat Inflation!?
That's why only #5% win in stock markets...!?
At least a #10.8%, minus inflation rates, maybe #3.6%, then u can consider average rate of return.
#7.2% u need almost 15 years to return all your cost of capital.
The higher the rate of return, of course faster capital return to U...!?
If u can Swing Trade 3.6% average #3/4 months, then it's quite good, the rate of return. That's above 10% per year.
Still consider average return LOH!?
That's ten year u return your cost of capital...🤫🤔🙏

Nestle @127.50. NTA: 3.07. Why so much differences the market value versus Book Value!?
That's so many ignorance n cartoonists in Bursa lol 😂!?
DY only Average 2.5%. Some say can go higher, but u never think it will limit down heavily, if some bad news on its famous product 'MILO'!
Actually no many products can beat Milo, not Ovaltine, Horlicks, etc!?
Even Coke also sell lots of health drinks nowadays, plus zero Coke selling normal Coke cannot survive LOH!?
Plus many to analyse...🤫🤔🙏

Everywhere, Stock Markets are influenced by liquidity n news, either bull/bear trends or sentiments...Where got fixed past numbers, even future numbers are Envision Only.!?
They are so many cartoons characters, emphasizing on high NTA, high cash value, but the Price never Swing At All. All days just stay there for few years!?
Collecting a below mediocre dividend yield of below 3%, much lower then average bonds yield of #3.6%...i don't why have such ignorance people in stock markets!?🤮😤🤦

CapitalA has such good Price Swing or Volatility!?
Pariah Dogs who don't know how to Swing, or Day Trade... holding below #3% DY for a year, this can't even beat Inflation of #3% yearly!?
They blame everyone, Not themselves for their own shortcomings or failures 🤮
Just now was an example of sentiment in stock markets!?
U happen to buy, incidentally, at #0.865/0.870...U sell at #0.90/0.905....!?
Already more than #4% Day Trade Profit. Imagine that's not Swing, it's Day Trading...🙏🚀

CapitalA Daily Pivot Point Momentum!?
S1: 0.920.
PIVOT: 0.935.
R1: 0.95.
Consolidating Trend!?
🐂/🐻: 50/50.
Bears are creating all negative news, trying to buy kaw-kaw at @0.85.!?
Expecting 🐂...#100%, after confirmation of RP extension to 31st Dec. Just a formality Only.
There are many 'kucing Kurap ', company, simple RP, cannot submit, also extended for more than 3 years.
CapitalA Bhd...is an extraordinary company 🤫🤔🚀

That's why Peter Lynch always mentioned about ten or more baggers. But u must willing to work hard to dig, deeper, n find your precious Gems!?
How to have good capital return, waiting for #3% dividend return, or a mediocre 10% trading gained per year.
If your target is #20%/year, then if u win a 1 bagger/100% profit. U can Sit n Shake Legs , for 5 years. That's how Druckenmiller/Soros did it.
It's not every year #20%, it's a Gut Feeling Chance!?
U can win above #100%!?
Your Gut will tell U!?🙏🤔🤑

StartOfTheBull
I guess SSLee is very unhappy that he calculated with his chemistry formula for Capital A when it was below 70c and his Insas was about 90c. In term of share price, as at today Capital A is way ahead of his Insas at 88c now.
More than that LOH!?
Season Traders usually like Volatility of #2/3 times YTD.
Like CapitalA, from average @0.60/0.75/0.85/0.95/1.05.
There are at least #3 times, YTD to Buy on Weakness n Sell on Strength!?
Inexperienced traders just wait for average dividend yields, or bonus issued.
But after dividend/bonus, usually shares will drop more than its paid dividends/bonuses.
That's why u can only invest n hold, long term, if u bought a good FA company, during Crisis. 🙏🤔🤑

Sir Tony Fernandes, also don't care about the Regularisation Plan, he let his advisors do the job.
He has bigger problems to Solve, why u like goblins lol 😂

Bursa where have 'Economic Moat' company, u think they is a Moat surrounding the company, with all crocodiles, piranhas, n sharks, swimming around, where no competitors can destroy or take a chunk of your meat n blood !?
Nonsense lol 😂!?
Even Apple, Coke, or Google also have competitors!?
It's how u innovate, go with the latest trends, so your products/services can sell Well!?

Sir Tony Fernandes, don't waste his Precious Time, answering Foolish Questions.
He has Excellent Problem Solving Skills.
U better ask his doggies secretaries or his macai macai 🤮💸🤦

Johnchew5
Hoho Cham lor Insas Insiders r relative related .. esp the Fashion company.. Water flow out lee lee

Plus Divfex Bhd, Ace Listed , GN18, almost #4 years Regularisation Plan haven't completed. So simple company also useless to submit its RP!?
Bursa should have delisted them long time ago!?
Insas invest more than #25% in such a Pariah Company, aiyoo...yoo...lol 😂