Posted by Sslee > 2023-10-25 10:52 |

Post removed.Why?

Posted by mf > 2023-10-25 10:58 | Report Abuse

take profit time

Posted by Huangbk72 > 2023-10-25 12:02 |

Post removed.Why?

Posted by The_JQuestion > 2023-10-25 13:09 | Report Abuse

i know many know bark only... hahaha , this not jaks forum ... jaks share price very yawnnnnn

Posted by Huangbk72 > 2023-10-25 13:11 | Report Abuse

Keyword through the roof? and loganathan is my aka??

What a Joke? U never worked in management position right? Dont even know common sentences used.

How about Profit through the roof? Gearing through the roof? 🤣🤣🤣

What a filmsy excuse

Posted by Huangbk72 > 2023-10-25 13:12 |

Post removed.Why?

Posted by Huangbk72 > 2023-10-25 13:40 |

Post removed.Why?

Posted by Gun8811 > 2023-10-25 14:29 | Report Abuse

Interest so high still dare to borrow huge money???

Posted by Gun8811 > 2023-10-25 14:30 | Report Abuse

https://www.klsescreener.com/v2/news/view/1222611

Posted by Sslee > 2023-10-25 14:42 | Report Abuse

https://www.channelnewsasia.com/business/airasia-parent-plans-raise-more-1-billion-debt-equity-ft-3871336

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.

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.”

Posted by Sslee > 2023-10-25 14:46 | Report Abuse

"Fernandes has an extraordinary ability to energise his investor audience.”
Topless then bottomless might do the trick.

Posted by Sslee > 2023-10-25 14:50 | Report Abuse

The clock is ticking down:

As at 30/6/23:
Net current liabilities of RM (11,938,731,000)
Shareholders' equity RM (8,390,820,000)
Total equity RM (10,304,487,000)

And can't make money flying people:
Revenue/ASK: Q2 USD 4.22 cents cumulative 6 months USD 4.28 cents
Cost/ASK: Q2 USD 5.01 cents cumulative 6 months USD 4.72 cents
Cost/ASK ex fuel: Q2 USD 3.32 cents cumulative 6 months USD 2.95 cents

Posted by EngineeringProfit > 2023-10-25 15:25 | Report Abuse

Huat ar.....

Lai...lai...lai....

Posted by Huangbk72 > 2023-10-25 15:34 | Report Abuse

Hahha... runaway again..

Come back to JAKS la..

U didnt see the fire? Why kencing everywhere but JAKS

Posted by rr88 > 2023-10-25 15:38 | Report Abuse

Hitting deadcat bounce wall 0.885.
Will go back to 0.80.
Aftet 0.80, 0.70.
Sell!

Posted by williamh > 2023-10-25 16:28 | Report Abuse

Reach o.95 tomorrow

Posted by paulthesotong > 2023-10-25 16:31 | Report Abuse

not as ppl claim ...Toxic Waste Pump.n Garbage Dump Truck!~

Posted by williamh > 2023-10-25 16:43 | Report Abuse

Sold 0.995 just before it turned back and bought back yesterday at 0.82

Posted by The_JQuestion > 2023-10-25 17:17 | Report Abuse

AHAHHA ,,sslee addicted to tony magic...
doubt more and more ... but sooner or later u all gonna kawtaw when exit pn17 that day i wan u all to eat ur words pls :))

Posted by $$ BUYSELL $$ > 2023-10-25 17:23 | Report Abuse

Wow meet support again.

Posted by The_JQuestion > 2023-10-25 17:24 | Report Abuse

123 companies willing to help tony.... willing to give US 1 bil ( 4.7 bil ) HIHI
do u think they are the only one??? can secure 4.7 bil.... many more will give them the money needed , to exit pn17 with the flyin sectors still doing well ...
tomorrow 0.95 ? for me , it is 1.08 !! LAST CALL !

Posted by Sslee > 2023-10-25 17:44 | Report Abuse

Critics also questioned the “threat” to suspend and delist AAX, if it fails to submit a regularisation plan to lift its PN17 status before Jan 17, 2024. Bursa Securities may suspend the trading of AAX on the sixth market day after the date of notification of suspension and may delist the company, subject to the company’s right to appeal against the delisting.

“The issue is AAX doesn’t have a regularisation plan because it is making money. It is not going to submit a plan because there is no other plan other than to run its airline business,” said a source.

“Will Bursa Securities follow through on threats to suspend and delist AAX if no regularisation plan is submitted by Jan 17, 2024? Is it an empty threat? If it is an empty threat, then why are they being so difficult when the airline is making money and is able to pay its debts? Whose interest does it serve with the suspension?"

The source believes that it is unlikely for Capital A Bhd to be able to exit the financially distressed status if AAX doesn’t get uplifted from PN17. Capital A had recently asked for a further three-month extension until Dec 31 this year to submit its regularisation plan to the regulatory authorities. “So will they delist Capital A too? Bursa Securities’ job is to help companies get out of PN17. By interpreting regulations differently at different times, and in many ways arbitrarily, they are opening the doors for Malaysian companies to list elsewhere. Already, Malaysia is not the best capital market by way of valuation,” the source said.

Posted by Sslee > 2023-10-25 17:49 | Report Abuse

Whose interest does it serve with the suspension?
Maybe to prevent more ignorance people falling into the trap of Stony ponzi scam.

Posted by Sslee > 2023-10-25 17:53 | Report Abuse

Remember AAX did not refund passagers for cancel flights and later classified the already paid fare passagers and travel agents as creditors and bully them to accept 0.5 sen for every dollar owed debts restructure.

Posted by BigChungus95 > 2023-10-25 18:25 | Report Abuse

Hai yah, i3lurker. Everyday you and your buddy Sslee spam Cap A forum with Tony's tits and nipples. You wan gae with him then print his postcard lah. Are you trying to make money on stock market or just diss Tony? Do you even have a position on Cap A? I will have more respect for you if you put your money where your money is and short Cap A

Posted by StartOfTheBull > 2023-10-25 19:32 | Report Abuse

COVID-19 has been overcome by vaccines. However, the side effects can be severe for some people. To achieve a more caring society, it is important to be sympathetic to these people.

Posted by Anw412 > 2023-10-25 20:11 | Report Abuse

Good news keep coming in for Cap A. 89% load factor, possible SPAC listing at Nasdaq. Debt n equity raise. Pressure for bursa sec on AAX upliftment. tomorrow gonna be exciting day for Cap A.

Posted by Sslee > 2023-10-25 20:33 | Report Abuse

AVIATION
In 3Q2023, AirAsia Malaysia, AirAsia Thailand, AirAsia Indonesia and AirAsia Philippines (the “Consolidated Airlines”) continued to post a strong load factor of 89%, carrying 14.7 million passengers on the back of 16.5 million seats capacity on 152 operating aircraft.

AVIATION
In 2Q2023, AirAsia Malaysia, AirAsia Thailand, AirAsia Indonesia and AirAsia Philippines (the “Consolidated Airlines”) posted a healthy load factor of 88%, having carried 14.2 million passengers, almost double the number year-on-year (“YoY”). Across the group, 16.2 million seats were available, operated by 146 of the 166 activated aircraft.

So what is Q to Q increase?

Revenue/ASK: Q2 USD 4.22 cents cumulative 6 months USD 4.28 cents
Cost/ASK: Q2 USD 5.01 cents cumulative 6 months USD 4.72 cents
Cost/ASK ex fuel: Q2 USD 3.32 cents cumulative 6 months USD 2.95 cents.

Q2 at 88% load factor aviation make lose will Q3 at 89% load factor aviation make a profit?
Eagerly look forwad to Q3 financial report at the end of next month.

Posted by geary > 2023-10-25 21:28 | Report Abuse

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

Posted by geary > 2023-10-25 21:33 | Report Abuse

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%...🙏🚀

Posted by Mar2083 > 2023-10-25 21:56 | Report Abuse

Potentially may hit Rm1 soon

Posted by StartOfTheBull > 2023-10-26 06:27 | Report Abuse

When being confronted, self deleted post and then cabut. 😁

Posted by Huangbk72 > 2023-10-26 06:27 |

Post removed.Why?

Posted by StartOfTheBull > 2023-10-26 06:30 | Report Abuse

When being confronted, self deleted post and then cabut. 😁

Posted by i3lurker > 10 hours ago | Report Abuse

aiseh real weird guy who wants respect but could not get it anywhere. 🤣
go see movie Shawshank Redemption. 🤣

I am a priest, I have no need for respect 🤣
go shove your respect up your %#@*

Posted by Huangbk72 > 2023-10-26 06:32 | Report Abuse

Everyone is scared now

Admin hunting 🤣

Posted by StingRay > 2023-10-26 07:13 | Report Abuse

Huang, I notice that too. There are just too many evidence that this fella and his other ID Mikecyc been harassing and cyberbullying using derogatory terms on many forummers here. I3 that used to be a good platform for exchanging ideas, communications and information has turned into the nest for cyberbullies. That is also a part of the reasons why I had become less active here. I guess many reputable forummers too had shy away.

Having said that, I believed it would be a matter of time someone who are mad enough to file an official complaint with MCMC. And I will be doing screen capture from now onward in case that happen and evidence needed. Don't think this is a small issue as action has been taken by the authorities before. 👇

https://www.malaysiaairports.com.my/media-centre/news/baseless-and-untrue-posting-klsei3investorcom

So, I urge everyone to be careful with what they post. All the best to you guys. Cheers. ✌️

----------
Posted by Huangbk72 > 28 minutes ago | Report Abuse

Why Johnchew is getting special treatment?

Clear case of online harassment and he gets away with this?

Posted by Johnchew5 > 1 hour ago | Report Abuse

Hoho ya lo Lirker serve the Banggla along Jln Alor in order can afford Good Protein milk .. as saying here pariaaa country, ppl n food …

Posted by Sslee > 2023-10-26 08:50 | Report Abuse

AirAsia X, Capital A to continue on aviation asset consolidation’
According to sources, the proposed disposal of Capital A’s aviation assets to AAX will proceed, despite recent events.

I just wonder do Kang Siew Li | theedgemalaysia.com | 2023-10-25 16:04:53 know what is he talking?

Even if capA dispose Capital A’s aviation assets (with the liabiliaties) for RM 1.00 to AAX. AAX will immediately default in paying the current liabilities. AAX will not be capable as capA to raise billion in debt and equity to continues the ponzi scheme.

As at 30/6/23:
CapA
Net current liabilities of RM (11,938,731,000)
Shareholders' equity RM (8,390,820,000)
Total equity RM (10,304,487,000)

Posted by EatCoconutCanWin > 2023-10-26 08:51 | Report Abuse

Buy

Posted by geary > 2023-10-26 09:30 | Report Abuse

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

Posted by rr88 > 2023-10-26 09:52 | Report Abuse

They giving excuses n keep asking for extension but not preparing any regularisation plan. Bcause they want to delist n run to somewhere else.

Tp is half of recent peak of 1.10 = 0.55.
Stay away!

Posted by Johnchew5 > 2023-10-26 09:57 |

Post removed.Why?

Posted by Huangbk72 > 2023-10-26 09:58 | Report Abuse

Post everywhere but your promoted JAKS.

Why? Finally realized that JAKS is a pirate ship

🤣🤣🤣

Posted by paulthesotong > 2023-10-26 11:45 | Report Abuse

dont forget your appreciation to BB for usd150m term loan!

Posted by mtkuljoe > 2023-10-26 12:17 | Report Abuse

Not exciting...boring day

Posted by The_JQuestion > 2023-10-26 15:08 | Report Abuse

In 3Q2023, AirAsia Malaysia, AirAsia Thailand, AirAsia Indonesia and AirAsia Philippines (the “Consolidated Airlines”) continued to post a strong load factor of 89%, carrying 14.7 million passengers
Teleport continued to deliver strong quarterly performance in its core operational metrics. a 115% increase YoY.

Posted by gemtech8888 > 2023-10-26 17:59 | Report Abuse

Sudah lah meow, u sudah kasi manyak olang mampus. U punya bai bai sulah manyak busuk, buat2 panlai aja tunis panjang2 taklak tau apa maksud. Buat panlai2 aja, cakap England kuat2 konon....

Posted by gemtech8888 > 2023-10-26 18:07 | Report Abuse

Tau malu sikit lah meow

Posted by gemtech8888 > 2023-10-26 18:09 | Report Abuse

Dah nak tengelam kapal ni...

Posted by geary > 2023-10-26 23:07 | Report Abuse

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.

ADVERTISEMENT
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

Posted by geary > 2023-10-27 07:36 | Report Abuse

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