Posted by TradingFUN > 2024-05-02 08:20 | Report Abuse

Why not just let the CEO doing the job and we just follow through the plan and make own decision

Posted by TradingFUN > 2024-05-02 08:20 | Report Abuse

If you didn't want to invest , stay away.

Posted by jenabchen123 > 2024-05-02 08:36 | Report Abuse

Others sembang kosong saja. Empty can... CEO talk got substance. Boleh implement. Why listen to tong kosong..... Nanti syiok sendiri.

Posted by jenabchen123 > 2024-05-02 08:37 | Report Abuse

Sembang kari anyone can do...

Posted by Sslee > 2024-05-02 08:38 | Report Abuse

So tell me what are the facts in the restructure plan apart from just getting capA out of PN17?

Any creditors geeting haircut? Without creditors haircut debts restrecture can AAX/NewCo take over capA
CapitalA Balance Sheet as at 31/12/2023 of:
Net current liabilities: RM (12,669,239,000)
And Net total assets/total equity : RM (10,624,737,000)

What will be AAX/NewCo net current liabiliaties?
Can AAX/NewCo not default in payment obligation of net current liabiliaties that is due in 12 months time?

Posted by Sslee > 2024-05-02 09:13 | Report Abuse

So the audited account confirm 2023 is another lose making year.

DEVIATION BETWEEN UNAUDITED RESULTS AND THE AUDITED RESULTS
In compliance with Paragraph 9.19(35) of the Main Market Listing Requirements of Bursa Securities, the Board of Directors of Capital A wishes to announce that there is a deviation of more than 10% between the Net Profit attributable to Owners of the Parent stated in audited financial statement for the financial year ended 31 December 2023 (AFS2023) and unaudited results for the 4Q FYE2023 which was announced on 29 February 2024. The details of which are as follows:
Net (Loss)/Profit for the Financial Year Variance
AFS 2023 4QFYE2023
RM’000 RM’000 RM’000 %
Net Profit attributable to:Owners of the Parent
336,789 836,986 (500,197) -59.8
Non-controlling interests
(433,103) (329,393) (103,710) -31.4
Net (Loss)/Profit for the financial year
(96,314) 507,593 (603,907) -119.0

The deviation of more than 10% was due to reclassification of foreign currency translation differences from Statement of Comprehensive Income to Statement of Profit or Loss amounting to RM420 million(non-cash item) arising from the translation of lease liabilities denominated in USD. The reclassification has no impact on the shareholders equity of Capital A as at 31 December 2023. The Board of Directors of Capital A Berhad wishes to clarify that the change of the accounting treatment subsequent to the announcement of 4Q FYE2023 results was advised by our external auditor, Ernst & Young (“EY”) recently, as disclosed in Note 47 to the AFS2023. The existing accounting treatment has been audited by EY in prior financial years.

In prior financial years, the Group had classified certain subsidiaries as part of an extension of the parent and have recognised the foreign exchange gains/losses arising from intra-group transactions in the
statement of other comprehensive income rather than in the statement of profit or loss.

This Announcement is dated 30 April 2024

Posted by paulthesotong > 2024-05-02 09:20 | Report Abuse

US oil below USD 80. Brent down 83.60 good for airlines.

Posted by donkeycharles > 2024-05-02 09:24 | Report Abuse

suspension of trading, good news is coming?

Posted by Sslee > 2024-05-02 09:44 | Report Abuse

CAPITALA - Trading Halt & Resumption of Trading CAPITAL A BERHAD

Kindly be advised that trading in the securities relating to CAPITALA will be halted with effect from 9.00 a.m., Thursday, 2 May 2024.

Trading in the securities relating to CAPITALA will resume with effect from 10.00 a.m., Thursday, 2 May 2024.

Your attention is drawn to CAPITALA's announcement dated 30 April 2024.

DEVIATION OF 10% OR MORE BETWEEN THE ANNOUNCED UNAUDITED FINANCIAL STATEMENTS AND THE AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023

Posted by williamh > 2024-05-02 09:58 | Report Abuse

Audit and unaudited statement

Posted by planta2 > 2024-05-02 10:00 | Report Abuse

Any news regarding audit. Run!!

Posted by Mabel > 2024-05-02 10:02 | Report Abuse

Haha open 81 sen...

Posted by nickick > 2024-05-02 10:02 | Report Abuse

Market reacting well! Onwards and upwards to rm2.5 target price

Posted by Jimmy Phoi > 2024-05-02 10:06 | Report Abuse

rm 2.5 you talked like the boss of Capital A.

Posted by Karlos > 2024-05-02 10:08 | Report Abuse

Purely an accounting opinion issue and the reality does not change. The equity of Capital A remains the same.

Posted by paulthesotong > 2024-05-02 10:08 | Report Abuse

Just imagine..free govt grants if its use Electric Planes for flying.lol

Posted by DickyMe > 2024-05-02 10:14 | Report Abuse

Tony flying, Sslee crying.

Posted by Mabel > 2024-05-02 10:23 | Report Abuse

Mabel think The Edges will report this news this evening .hihihi...

This Morning Capital A trading was Halt by Bursa for CAPITAL A BERHAD. Great opportunity for refueling since WTI is below USD 80 and Brent is also down 83.60 which is good for airlines.

Trading in the securities relating to CAPITALA is resume with effect from 10.00 a.m., Thursday, 2 May 2024.

Market Just open and Capital A rockets to 81.5 sen. Life is so beautiful when you are flying with the World Best Magicians..

Captain Mabel Meow

Posted by paulthesotong > 2024-05-02 10:26 | Report Abuse

Tony dancing in Cambodia!

Posted by Mabel > 2024-05-02 10:28 | Report Abuse

Hahaha...

Mabel is also dancing..hihihi

To Our Success !

Meow Meow Meow

Posted by Mar2083 > 2024-05-02 10:28 | Report Abuse

Huat ar

Posted by Sslee > 2024-05-02 10:39 | Report Abuse

Posted by Karlos > May 2, 2024 10:08 AM | Report Abuse
Purely an accounting opinion issue and the reality does not change. The equity of Capital A remains the same

Is that the fact?
Have you read the audited and unaudit account end 31/12/2023?
Total equity/deficit unaudit RM (10,469,461,000)
Audited total equity/deficit RM (10,624,737,000)

Or the reality is its does not matter whether the equity deficit is RM 10.625 billion or RM 10.469 billion due to too many zero at the end.

Posted by paulthesotong > 2024-05-02 11:20 | Report Abuse

More than ever...

https://www.businesstoday.com.my/2024/05/02/mavcom-reports-strong-air-passenger-recovery-in-first-quarter-of-2024/

Posted by Sslee > 2024-05-02 11:24 | Report Abuse

If whole year 2023 still lose making. What make you think just a quarter of high load factor will make any different?

Posted by paulthesotong > 2024-05-02 12:11 | Report Abuse

to the moon gentlemen

Posted by Wasim73 > 2024-05-02 13:00 | Report Abuse

0.90 very soon

Posted by Mabel > 2024-05-02 13:29 | Report Abuse

Meow Meow Meow

Posted by nickick > 2024-05-02 15:07 | Report Abuse

Still waiting for take off… airasia flight delayed as usual

Posted by zzzzz > 2024-05-02 15:30 | Report Abuse

No power to move up liaw....The effect of TF just so so....less people trust on him.......LOL

Posted by Income > 2024-05-02 18:21 | Report Abuse

https://youtube.com/shorts/nBJvS2iQgkg?si=2qclpJPv5mOKFw2o

Posted by jenabchen123 > 2024-05-02 19:06 | Report Abuse

Whatever... But I like 2.50 price.

Posted by Mabel > 2024-05-02 19:23 | Report Abuse

Capital A Berhad

Share Price 7 Day 1 Year
0.81 15.7% 5.9%


Full year 2023 earnings: EPS and revenues exceed analyst expectations
Full year 2023 results:
EPS: RM0.08 (up from RM0.80 loss in FY 2022).
Revenue: RM14.9b (up 127% from FY 2022).
Net income: RM336.8m (up RM3.57b from FY 2022).
Profit margin: 2.3% (up from net loss in FY 2022).
Available seat kilometres (ASK): 66.16b (up 127% from FY 2022).
Passenger load factor: 88.0% (up from 84.0% in FY 2022).
Total aircraft: 216 (up by 7 from FY 2022).

Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates.

Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Airlines industry in Asia.

Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.

Congrats to those that is already on board to New York..

Life is so beautiful when you are flying with the Best Magicians..hihihi

To Our Success !

Meow

Posted by Mabel > 2024-05-02 19:33 | Report Abuse

Two wonderful news today

Microsoft is on target to maintain the World Most Valuable company with mkt cap going to exceed USD3 trillion soon due to leading AI and data centre. Microsoft is investing $2.2 billion over the next four years in Malaysia's new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI center, its CEO Satya Nadella said Thursday. This investment is in addition to the existing investment made in 2021 which includes skilling an additional 1 million Malaysians. That investment has generate up to USD 4.6 billion in new revenues for local partners and cloud-consuming customers over the next four years. Furthermore, this initiative aligns with Malaysia’s goal to become a regional leader in the digital economy.

Capital A is also on target to be listed in New York and exited PN17. Congrats to those that is already on board to New York.

Life is so beautiful when you are flying with the World Best Magicians..

To Our Success !

Meow Meow Meow

Posted by ken2004 > 2024-05-02 21:12 | Report Abuse

Gone case already once all this spamming started lol...........

Posted by Mabel > 2024-05-02 23:46 | Report Abuse

Singapore Airlines could post highest-ever earnings of about S$2.7 billion for FY2024, says analyst

While Raymond Yap of CGS International anticipates that the airline will pay a final dividend of S$0.38 per share, he entertains the possibility of SIA sweetening the reward to S$0.42

Meow

Posted by Mabel > 2024-05-02 23:47 | Report Abuse

https://www.businesstimes.com.sg/companies-markets/spotlight-1singapore-airlines-could-post-highest-ever-earnings-about-s-2-7-billion-fy2024-says-analyst

Singapore Airlines could post highest-ever earnings of about S$2.7 billion for FY2024, says analyst

The airline will pay a final dividend of S$0.38 per share with the possibility of SIA sweetening the reward to S$0.42 per share

Posted by Income > 2024-05-03 07:27 | Report Abuse

https://youtube.com/shorts/1QFGAe36G1Y?si=G3_6IuTKWqmjFXOR

Posted by jenabchen123 > 2024-05-03 08:10 | Report Abuse

Ramai orang gila doing spamming here ka? Share psychopath!

Posted by human > 2024-05-03 10:21 | Report Abuse

SIA were rescued by the government help to raise Billions of SGD 3 to 4 years ago, only now can give dividends.
Airasia is doing fund raising on their own without government help, the effort is commendable, however dividends wont be any times soon.

Posted by Sslee > 2024-05-03 10:35 | Report Abuse

SIA biggest holder is government fund (Temasek) and shareholder's money is used to recapitalization.

CapA without equity recapitalization or debts restructure it financial position is deteriorating when other recapitalized (SIA) or debts restructure (MAS) is reporting very good profit and pay bonus to their employees

Posted by Sslee > 2024-05-03 10:48 | Report Abuse

CapitalA Balance Sheet as at 31/12/2023 of:
Net current liabilities: RM (12,669,239,000)
And Net total assets/total equity : RM (10,624,737,000)

CapitalA with above financial figure is definately an insolvent company as no way capA can generate enough cash flow in next 12 months to pay for the net current liabilities of RM 12.669 billion.

Anyway miracle do happen, hope Stony is the magician that can pull out this RM 12.669 billion from his magic hat.

Posted by Sslee > 2024-05-03 10:53 | Report Abuse

KUALA LUMPUR (April 26): The corporate exercise to merge the AirAsia airline businesses under AirAsia X Bhd (AAX) is apparently sufficient to offset all of the RM8.7 billion negative equity in Capital A Bhd, according to chief executive officer Tan Sri Tony Fernandes.

The divestment of AirAsia Aviation Group Ltd (AAAGL) is expected to give rise to a pro forma gain of RM4.69 billion to Capital A, while the disposal of AirAsia Bhd (AAB) would result in a gain of RM6.07 billion.

Posted by Sslee > 2024-05-03 10:57 | Report Abuse

If the merge go thro' capA is saved but AAX/NewCo will fail as a RM 1 billion new capital injection to AAX/Newco is not enough to even last for 1 year.

Posted by human > 2024-05-03 11:10 | Report Abuse

Business that depend on state intervention during bad times is not competitive.
Whether a conglomerate can restructure debt to afford the interest payment then generate profit very much depend on the business model and cash generation sustainability.
Budget air travel, leisure, logistics, fintech had bottom out and now are in demand.
Capital A businesses are well managed.
Capital A has many values to be unlock.

Posted by paulthesotong > 2024-05-03 12:03 | Report Abuse

another contented airline customer.

Posted by geary > 2024-05-03 14:00 | Report Abuse

Stock: [CAPITALA]: CAPITAL A BERHAD

1 day ago | Report Abuse

CapitalA Monthly Positive Pivot Point Momentum!
S: 0.75.
PIVOT: 0.80.
R1: 0.91.(4 Weeks)
R2: 1.04.
R3: 1.18.(Above 12 Weeks)
PN17 Uplifted...Uptrending Momentum Is fully positive!
Trade at your own Risk!

Posted by Mar2083 > 2024-05-03 14:06 | Report Abuse

90sen coming soon
Huat ar

Posted by jenabchen123 > 2024-05-03 14:50 | Report Abuse

Canteeeek!!!!!

Posted by EngineeringProfit > 2024-05-03 15:25 | Report Abuse

Now everyone can fly!!!

Posted by DickyMe > 2024-05-03 17:27 | Report Abuse

Posted by DickyMe > 3 weeks ago | Report Abuse

"DickyMe

Buy order placed!

6 hours ago"
=====================
Update: ALL MATCHED!

I am in the game! Giddy Up!, Tony!
Posted by DickyMe > 3 weeks ago | Report Abuse

90 sen coming soon!
======================

Tony, 8 sens more! bring it on.