CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

1.05

Today's Change

+0.02 (1.94%)

Day's Change

1.02 - 1.04

Trading Volume

9,482,600


127 people like this.

168,861 comment(s). Last comment by paulthesotong 4 minutes ago

Posted by chickenriceseller > 2024-01-11 20:05 | Report Abuse

empty shell company now. malaysians still believe in this three headed snake conman tony. now everyone can kena con.

Sslee

6,822 posts

Posted by Sslee > 2024-01-11 20:05 | Report Abuse

Mabel release all at 79 and collected back at 74 sen..

The short sellers must buy back and return the shares they borrowed within three market days, or face penalties from the exchange. The number of shares they must buy back depends on the market conditions and their risk appetite.

Fact check.
Mabel release/should be cut lose all at 79 and collected back at 74 sen.

The short sellers must buy back and return the shares they borrowed within three market days.
False.
The SBL mechanism allows, say, a borrower who expects the price of a stock to fall to hold a short position for a prescribed duration. The borrower immediately sells the securities in the hope of profiting from the sale and buys them back later when price falls.

During this period, ownership of the securities is provisionally transferred to the borrower, who pays all dividends due to the lender. The lender also receives an agreed-upon fee — which is usually an annualised percentage of the value of the loaned securities — from the borrower. The securities are returned to the lender at the end of the deal.

The Edge Financial Daily quoted Affin Hwang’s SBL equity finance senior associate director Karu Ramesh Kumar as saying that retail investors could earn interest income of 0.5% to 12% per year, depending on the supply of and demand for the stocks they own.

Mabel

24,169 posts

Posted by Mabel > 2024-01-11 20:09 | Report Abuse

Thank you Handsome Sslee. With the Big Whales and Sharks in the vicinity, Mabel trading strategy is to ride the wave. The central metaphor of Sun Tzu’s work is water.

A military force has no constant formation, water has no constant shape. The ability to gain victory by changing and adapting according to the opponent is called genius.”

Genius, in Sun Tzu’s explanation, is to behave like water. Water is strong offensively and defensively. If you are standing in the ocean as the waves come at you, punching or pushing at the wave is a strictly futile effort, the water simply redirects around you to the points where you are weak. You can neither strike it offensively nor resist it defensively. It flows away from where you are strong to wherever you are weak.

To Our Success!

Captain Mabel Meow

Sslee

6,822 posts

Posted by Sslee > 2024-01-11 20:11 | Report Abuse

Posted by Mabel > Jan 10, 2024 9:10 AM | Report Abuse
Mabel is waiting patiently at 80 sen...
Hopefully some nice Uncles and Aunties will sell today...
Meow

So mabel buy at 80 sen and cut lose at 79 sen

Posted by SittingOnMyArse > 2024-01-11 20:27 | Report Abuse

What a load of arsetalk…cut 79

Sslee

6,822 posts

Posted by Sslee > 2024-01-11 20:30 | Report Abuse

Know who are the lenders and borrowers of shares for RSS?

To boost retail participation in the domestic market, Bursa Malaysia and Affin Hwang Investment Bank Bhd teamed up in January to launch the first SBL facility for retail investors. Through this facility, retail investors are able to lend securities that they own but do not intend to sell immediately to Affin Hwang, which serves as the borrower.

Borrowers are typically large financial institutions such as prime brokers and hedge funds while lenders are generally large institutional investors such as pension and sovereign wealth funds.

geary

6,382 posts

Posted by geary > 2024-01-11 20:35 | Report Abuse

Mabel is like 'Hua Mulan'...wow..."be like water", Bruce Lee.
Genius, in Sun Tzu’s explanation, is to behave like water. Water is strong offensively and defensively. If you are standing in the ocean as the waves come at you, punching or pushing at the wave is a strictly futile effort, the water simply redirects around you to the points where you are weak. You can neither strike it offensively nor resist it defensively. It flows away from where you are strong to wherever you are weak.
Well...!
CapitalA Daily Pivot Point Momentum!
S2: 0.60.
S1: 0.68.
PIVOT: 0.74.
R1: 0.80.
R2: 0.86.
Dis: Trade at your own Risk/Reward!

Mabel

24,169 posts

Posted by Mabel > 2024-01-11 20:40 | Report Abuse

Today is a good catch for Mabel, the Fisherwoman. KLCI is down by another 4 points from yesterday's 12 points. This world is not for the faint of heart. But the opportunity available is far too great to let a little bit of anxiety get in the way. So what should we do? The best thing, like in all aspects of life, is to create a plan. Warren Buffett thinks, technical analysis can be a great way to enter and exit your trades.

Maybank Target Price is RM 1.01
TA target Price is 85 sen
HLIB Target Price is much better..

As geary say, trade at your own risk..

Mabel

24,169 posts

Posted by Mabel > 2024-01-11 20:42 | Report Abuse

Good123 NAK TIME THE MARKET DENGAN SEMPURNA, MUSTAHIL... ACCUMULATE IN STAGES.
11/01/2024 4:42 PM

Indeed. Slowly but surely..

Buy 1 Get 4 Free Mah..

Mabel

24,169 posts

Posted by Mabel > 2024-01-11 20:44 | Report Abuse

Good123 MASA DAH SAMPAI... SHORTSELLERS TERPAKSA BELI BALIK DAN TUTUP POSISI
11/01/2024 4:43 PM

Indeed..

Mabel

24,169 posts

Posted by Mabel > 2024-01-11 20:53 | Report Abuse

geary Mabel is like 'Hua Mulan'...wow..."be like water", Bruce Lee.
Genius, in Sun Tzu’s explanation, is to behave like water. Water is strong offensively and defensively. If you are standing in the ocean as the waves come at you, punching or pushing at the wave is a strictly futile effort, the water simply redirects around you to the points where you are weak. You can neither strike it offensively nor resist it defensively. It flows away from where you are strong to wherever you are weak.
Well...!
CapitalA Daily Pivot Point Momentum!
S2: 0.60.
S1: 0.68.
PIVOT: 0.74.
R1: 0.80.
R2: 0.86.
Dis: Trade at your own Risk/Reward!
11/01/2024 8:35 PM

Cheers Geary..

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

Thanks for sharing TA data..

To Our Success!

Meow

geary

6,382 posts

Posted by geary > 2024-01-11 21:09 | Report Abuse

Mabel
Today is a good catch for Mabel, the Fisherwoman.
KLCI is down by another 4 points from yesterday's 12 points.
This world is not for the faint of heart. But the opportunity available is far too great to let a little bit of anxiety get in the way.
So what should we do? The best thing, like in all aspects of life, is to create a plan.

Warren Buffett thinks, technical analysis can be a great way to enter and exit your trades.
Well use average #10-Yr. Bond Yield...#3.6%...as general lose/win guidelines. We can only ride up surging waves...Be prepared...But don't be too greedy...till the clock strike 24:00!
🙏🤓

Mabel

24,169 posts

Posted by Mabel > 2024-01-11 22:37 | Report Abuse

Yes geary...position sizing matters during turbulence time..

Thanks for sharing the article Good 123.."
PETALING JAYA: Malaysia’s foreign-portfolio flows turned positive in 2023 with a whopping inflow of RM21.3bil, overturning the RM5.5bil outflow in 2022".

Genius, in Sun Tzu’s explanation, is to behave like water. Water is strong offensively and defensively. If you are standing in the ocean as the waves come at you, punching or pushing at the wave is a strictly futile effort, the water simply redirects around you to the points where you are weak. You can neither strike it offensively nor resist it defensively. It flows away from where you are strong to wherever you are weak.

Please to also shares that the 5-month KLCI trend line has broken last week when Foreign Fund and Institutional Buyers were Net Buyers. However, over the last two days Foreign fund was the net seller and KLCI started to retrace. Once it rebound to enter the Year of Dragon, it will last until March. Today is also another good day for Mabel to accumulate Petronas Chemical at Bargain Price..

Be Like Water MY Friend..

Bruce Meow

Sslee

6,822 posts

Posted by Sslee > 2024-01-12 06:54 | Report Abuse

Huge pressure to close petrochemical plants as global overcapacity grows
Will Beacham

07-Nov-2023

BARCELONA (ICIS)–As waves of new capacity come onstream in China and the Middle East, stagnant demand growth and falling margins are increasing pressure on chemical companies to permanently close older facilities.

Wave of oil-to-chemicals projects will flood market
Global operating rates forecast at 80% to 2030, from 88% long term average
Huge pressure on non-integrated/high-cost facilities to close
More plant closures could be driven by high costs, low demand, decarbonization
High closure costs include environmental cleanup, redundancy payments
Upstream integration to refineries prevents closures
Chemical industry could reinvent itself as service provider
Q3 Europe margins low or negative
Q4 margins improve as oil prices fall
No sign of improvement in downstream demand

Sslee

6,822 posts

Posted by Sslee > 2024-01-12 07:51 | Report Abuse

Stony make a mistake of thinking disposal of capA' aviation to AAX will allowed capA to exist PN17.

The move had resulted in advisors/valuer to properly value capitalA' aviation net worth.
That is valution based on future net profit minus the net liabilities that going to be transfered to AAX.
So what will be the net worth of capA' aviation?

Kenanga Research said based on its financial year 2024 net profit of RM250mil for Capital A’s airlines business and applying low-cost carriers’ peer one-year forward price earnings ratio of between seven times and 14 times, the indicative valuation works out to between RM1.8bil and RM3.5bil.

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2024-01-12 08:21 | Report Abuse

So kesian seeing some the forummer still want to comfort themselves by posting old news and syok sendiri story..

Good123

26,451 posts

Posted by Good123 > 2024-01-12 08:30 | Report Abuse

direct deal transacted prices in 2023.
History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
01/09/2023 00:00:00 0.9700 - 2.200m 2.200m 2.134m 2.134m 0.9700 0.0522 -
28/08/2023 00:00:00 1.0000 -0.0300 23.000m 23.000m 23.000m 23.000m 1.0000 0.5462 -
16/08/2023 00:00:00 1.0000 -0.0300 27.000m 27.000m 27.000m 27.000m 1.0000 0.6414 -
02/08/2023 00:00:00 0.8500 -0.0700 34.000m 34.600m 28.900m 29.452m 0.8512 0.8155 -
02/08/2023 00:00:00 0.9200 - 600,000 34.600m 552,000 29.452m 0.8512 0.0144 -
27/07/2023 00:00:00 0.7500 -0.0900 10.667m 10.667m 8.000m 8.000m 0.7500 0.2559 -
17/03/2023 00:00:00 0.7800 0.0050 -150 15,000 -117 11,700 0.7800 103.1999 Cancelled
17/03/2023 00:00:00 0.7800 0.0050 15,000 15,000 11,700 11,700 0.7800 0.0004 -
17/03/2023 00:00:00 0.7800 0.0050 150 15,000 117 11,700 0.7800 0.0000 -

paulthesotong

2,849 posts

Posted by paulthesotong > 2024-01-12 08:32 | Report Abuse

check in,good news next week.

Good123

26,451 posts

Posted by Good123 > 2024-01-12 08:32 | Report Abuse

waiting for the chase for the shares anytime... critics would be quiet later :)

www.thestar.com.my › business › business-newsCapital A to list on Nasdaq via SPAC deal | The Star
Nov 1, 2023 · 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 ...

www.thestar.com.my › business › business-newsInvestors back Capital A’s US$1bil Nasdaq listing plan ... - The...
Nov 2, 2023 · Investors back Capital A’s US$1bil Nasdaq listing plan, shares active on Bursa Malaysia Stock on the Move Thursday, 02 Nov 2023 10:37 AM MYT KUALA LUMPUR: Investors

Good123

26,451 posts

Posted by Good123 > 2024-01-12 08:36 | Report Abuse

an interesting story unfolds further anytime... just see your money grows

klse.i3investor.com › web › pricetargetCapital A - NASDAQ Listing of Unit at USD1b Value | I3investor
Nov 2, 2023 · Capital A - NASDAQ Listing of Unit at USD1b Value | I3investor Market Buzz Price Target Portfolio Member Services Capital A - NASDAQ Listing of Unit at USD1b Value Date: 2023-11-02 Firm: KENANGA Stock: CAPITALA Price Target: 0.84 Price Call: HOLD Last Price: 0.82 Upside/Downside: +0.02 (2.44%)

www.msn.com › en-my › moneyCapital A among top actives on Bursa on US$1 bil Nasdaq listing...
Nov 2, 2023 · Capital A said on Wednesday that it would instead unlock the value of the AirAsia brand by floating the brand management business on the Nasdaq, and expects a one-off gain from

Good123

26,451 posts

Posted by Good123 > 2024-01-12 08:38 | Report Abuse

KUALA LUMPUR (Jan 9): Capital A Bhd's plan to sell its aviation business to its sister company AirAsia X Bhd (AAX) is seen as positive by analysts, despite a lack of details on the deal currently, as the disposal will pave the way for the group to exit its Practice Note (PN17) status.

Good123

26,451 posts

Posted by Good123 > 2024-01-12 08:38 | Report Abuse

Capital A on Monday announced that it will dispose of its aviation businesses, namely AirAsia Bhd (AAB) and AirAsia Aviation Group Ltd (AAGL), to AAX, with the consideration to be negotiated at a later date, in both cash and shares.

Good123

26,451 posts

Posted by Good123 > 2024-01-12 08:39 | Report Abuse

Capital A share = AAX shares + cash + nasdaq shares

Good123

26,451 posts

Posted by Good123 > 2024-01-12 08:39 | Report Abuse

“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,” said TA Securities in a note on Tuesday (Jan 9).

TA Securities noted that Capital A’s shareholders will continue to hold shares in the aviation segment via AAX as Capital A is expected to record a gain on dilution of interest in AAB and AAGL, as well as the deconsolidation of these two entities from Capital A as a result of the proposed disposals.

Good123

26,451 posts

Posted by Good123 > 2024-01-12 08:41 | Report Abuse

While being mindful of Capital A's PN17 status, the research house said it continues to like Capital A for being a beneficiary of the recovery in air travel post-pandemic, its growing digital business, leveraging its strong AirAsia brand and AirAsia’s existing client base, as well as its dynamic and visionary leadership that should help steer it out of the current financial difficulty.

At the time of writing, Capital A shares were down 2.5 sen or 2.96% at 82 sen, with a market capitalisation of RM3.49 billion. Meanwhile, AAX was one sen or 0.51% higher at RM1.97, valuing the group at RM880.73 million.

paulthesotong

2,849 posts

Posted by paulthesotong > 2024-01-12 08:53 | Report Abuse

Monday good news

Good123

26,451 posts

Posted by Good123 > 2024-01-12 09:06 | Report Abuse

yesterday, 2-3 days' contra players closed positions; today, a strong rebound is expected.

Good123

26,451 posts

Posted by Good123 > 2024-01-12 09:07 | Report Abuse

wow UP 1sen already

paulthesotong

2,849 posts

Posted by paulthesotong > 2024-01-12 09:26 | Report Abuse

AAG anounced a business structure adjustment on Monday {Jan 15} will see the merge of airline biz under CapA with its AAX.

Good123

26,451 posts

Posted by Good123 > 2024-01-12 09:32 | Report Abuse

baguslah, cecah 75sen jugak pagi ni

Good123

26,451 posts

Posted by Good123 > 2024-01-12 09:35 | Report Abuse

reversal of trend, jadi, uptrend balik... buy rate rose to 56%... tengok shortsellers berani short lagi hari ni :)

Mabel

24,169 posts

Posted by Mabel > 2024-01-12 09:41 | Report Abuse

Haha confirm tak berani..hihihi

Good123

26,451 posts

Posted by Good123 > 2024-01-12 09:50 | Report Abuse

expected to climb back to 80sen for a start.... before nasdaq listing news for the details, etc... all is well. :)

Good123

26,451 posts

Posted by Good123 > 2024-01-12 10:02 | Report Abuse

Balik 80sen dulu... the rest will be history


Date Open Price Target Price Upside/Downside Price Call Firm View
2024-01-09 0.855 0.85

TA
2024-01-09 0.855
HOLD
KENANGA

Mabel

24,169 posts

Posted by Mabel > 2024-01-12 10:07 | Report Abuse

Wah nice to see so many Uncles and Aunties are buying today..

Touching 8 million shares oledi..

Meow Meow Meow

Good123

26,451 posts

Posted by Good123 > 2024-01-12 10:08 | Report Abuse

Kenanga & TA's harga sasaran 85-85.5sen... saya lebih konservatif, 80sen dulu, cheh :p

Good123

26,451 posts

Posted by Good123 > 2024-01-12 10:10 | Report Abuse

buy rate up again 64% no @75.5sen more to come

Good123

26,451 posts

Posted by Good123 > 2024-01-12 10:23 | Report Abuse

dah UP 2%++ a new start... usah lawan arus, it is the opposite of dubai move, capita A - mantap :)

Realrich

1,410 posts

Posted by Realrich > 2024-01-12 10:45 | Report Abuse

I feel that Good123 banyak tipu neh

xiaoeh

2,708 posts

Posted by xiaoeh > 2024-01-12 11:03 | Report Abuse

RR please give facts and figures to justify your feel and your think bro

xiaoeh

2,708 posts

Posted by xiaoeh > 2024-01-12 11:06 | Report Abuse

Good123, Sslee and Mabel etc all do so leh bro
they provide numerous facts and figures to justify their thoughts

ken2004

1,697 posts

Posted by ken2004 > 2024-01-12 11:11 | Report Abuse

lol sorry to said, not sure why, when spam like this usually downtrend to the max one the normal pattern.........

Good123

26,451 posts

Posted by Good123 > 2024-01-12 11:12 | Report Abuse

it is good! :)

If the market perceives a sale of a business or certain assets as a positive strategic move, it can lead to an increase in the seller's share price. Investors may view the sale as a way for the company to focus on its core strengths or to unlock value.

Realrich

1,410 posts

Posted by Realrich > 2024-01-12 11:14 | Report Abuse

airasia aviation group limited share price is 2.08 Thb convert RM is only RM0. 28. After sold the airline business capital a is only worth 0.20

Sslee

6,822 posts

Posted by Sslee > 2024-01-12 11:15 | Report Abuse

Kenanga Research said based on its financial year 2024 net profit of RM250mil for Capital A’s airlines business and applying low-cost carriers’ peer one-year forward price earnings ratio of between seven times and 14 times, the indicative valuation works out to between RM1.8bil and RM3.5bil.

If you used kenanga valuation of RM 3.5 billion for capA' aviation and then minus the net liabilities in capA aviation book most likely the net worth is negative.

Is that mean capA need to pay AAX for AAX to take over capA's aviation?
Food for thought. Did Stony just open up a can of worms for all to see?

Realrich

1,410 posts

Posted by Realrich > 2024-01-12 11:16 | Report Abuse

https://www.aavplc.com/en/home

Realrich

1,410 posts

Posted by Realrich > 2024-01-12 11:16 | Report Abuse

Today is 2.12 Thb

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