No wonder The Late Charlie Munger's Best Quote “I think that, every time you saw the word EBITDA", you should substitute the word "bulls**t" earnings.”
Know what is capitalA aircraft lease payment and financial cost per quarter? 3. Over RM1 billion EBITDA(Increas by 12%).
xiaoeh Captain Mabel how high can CapA go...? 31/05/2024 9:26 AM
This is the captain, We have returned to core profitability!
We are targeting RM 1.00
After more than 4 years of continuous core losses, CAPITALA returned to core profitability in 1Q24 or 2 quarters earlier than we expected. The outperformance was largely due to higher-than-expected average fares driven by visa free travel to and from China and India. We raise FY24E/FY25E/FY26E core net profit by MYR384m/MYR143m/MYR143m and our SOP-TP to MYR1.00 from MYR0.94. On another note, CAPITALA ought to have its PN17 classification lifted in 4Q24/1Q25.
Flight Engineer 1: Mr Tiger Bank
Capital A Flight Path from our Flight Engineer 2, Mr Geary...
"Capital A is the first in the world to grow from an airline into five verticals of strong aviation-led businesses. Our immediate strategy now focuses on delivering shareholder value, getting the right organisation structure, and doubling down on our low-cost DNA across the ecosystem. Additionally, we are committed to maximising ecosystem synergies to enhance our performance and create sustainable growth."
"So the next six months will be the defining period for Capital A as we execute our strategic initiatives to address challenges and seize exciting opportunities. At the end of this period, I believe we will have delivered an amazing turnaround - emerging stronger with two strong groups of businesses with immense potential and transformative value creation for our stakeholders." Tony Fernandez.
CapitalA 200SMA PIVOT Point Momentum! S1: 0.75. PIVOT: 0.83. R1: 0.97. R2: 1.20. R3: 1.57. R4: 1.80. Mr. Market is Unpredictable! Dis: Trade at your own Risk!
The FKLI Index has traded lower yesterday and is testing the immediate support right within the psychological support of 1,600pts. Selling pressure however was mild with the downside capped as the index formed a “doji” – indicating the ongoing selling pressure has started to ease. Pending a stronger reversal signal, we opine the index could stage a rebound in the near term...
china extend 30 days... thai extend visa 60 days ? everyone ask u to fly. why u still dont fly? guess what airasia thai also have ,, super lah . record year 2024? lookin like it, this cash cow company in the aviation industry , bkn kalang2 repeat and record comments ya , industry leader in LCC. 5,241,398 at 78% of total fleet imagine 95% >>> imagine fuel price drop already 20 % on top 8 bil? one quarter? 10 bil also possible ask losers go home rock their baby . we r jetsetters !!
Some one must be bullshitting or had never read capA financial report for the past 5 years to make a statement capA is a cash cow when capA is in ICU and need a lot of blood/cash infusion to stay alive.
Page 40: Funding The Group is currently engaging in discussion with lenders at different stages for debt and equity fundraising, with an estimated amount of RM3 billion. As at the date of this report, the Group has received commitment from investors for a Revenue Bond Program of up to USD365 million (equivalent to RM1.68 billion) The Revenue Bond program entails the conversion of outstanding lease payments of USD240 million (approximately RM1.1 billion) into bond (Tranche 1) and cash inflow of approximately USD125 million (approximately RM575 million) (Tranche 2) to finance working capital, maintenance cost and lease rentals. The revenue bond will be secured against passenger seat sales from identified routes and shares in a subsidiary. Tranche 1 of the Revenue Bond has a tenure of 2.5 years whereas Tranche 2 has tenure of 4 years. The bond is expected to be issued by mid of 2024.
Is the below contribution from low IQ Tikus many aka?
Posted by OleOleOle > Mar 15, 2024 1:31 AM | Report Abuse New out of PN17 option without selling AA Aviation business to AAX:
Action 1: Assume excess valuation for each plane of US$3.8mil. Or may be higher! LOL Total 219 air planes yield excess value gain of RM3,821mil (1US$ to RM4.5915)
Action 2: Don't give free CAPI shares to CapA investors, but instead use it to double the goodwill from US listing. Goodwill RM2.36 bil to RM4.72 bil.
Action 3: Make agressive profit target for 2024: RM2 bil net profit after tax. LOL
Action 4: Stop buying new planes for one year. LOL
To get out of PN17: Total Equity Deficit = - 10,469.5 mil (RM) Valuation gain = 3,821.0 mil (RM) US Listing Goodwill = 4,720.0 mil (RM) [Note: No free CAPI share to CapA investors.] 2024 Profit target = 2,000.0 mil (RM) -------------------------------------------------------------- Net Cap-A Equity = 71.5 mil (RM) == 1.7c NAPS
CapitalA Newsroom: As Capital A’s total issued share capital at RM8.73 billion, comprising 4.25 billion ordinary shares, the distribution shares are expected to be allocated at a ratio of 397 new AAG shares for every 1,000 shares held.
Following these transactions, Capital A is expected to retain around 18.39% or 672.5 million of the enlarged issued shares of AAG, assuming the RM1 billion private placement.
The restructuring endeavours to achieve positive shareholders’ equity.
After the issuance of warrants and placement, AAG aims to reduce its share capital from RM4.05 billion to RM100 million.
This reduction will involve cancelling paid-up share capital that exceeds available assets, thereby eliminating accumulated losses totalling RM3.27 billion.
In the case of Capital A, with no conversion of outstanding redeemable convertible unsecured Islamic debt securities (RCUIDS) and warrants after the proposed distribution, share capital is projected to decrease by RM2.2 billion to RM6.46 billion and shareholders’ equity will turn positive at RM492.8 million.
If all outstanding RCUIDS and warrants are exercised, the projected shareholders’ equity would amount to RM1.67 billion following the proposed distribution and disposal of AAB. Meanwhile, Kenanga Investment Bank Bhd (Kenanga Research) has highlighted that the anticipated gains from the divestment of AAGL and AAB amount to RM4.7 billion and RM6.1 billion, respectively.
This collective gain of RM10.8 billion is projected to offset the negative shareholder equity of RM10.5 billion as of Dec 31, 2023, effectively aiding the company in exiting the PN17 status. Just wait another 200 days...then we shall see where the fair value of CAPITALA n AAGB.🤠
Capital A is undergoing significant restructuring. After issuing warrants and placement, AAG (the company) aims to reduce its share capital from RM4.05 billion to RM100 million.
This reduction will eliminate accumulated losses totaling RM3.27 billion. Meanwhile, Capital A’s share capital is projected to decrease by RM2.2 billion to RM6.46 billion, resulting in positive shareholders’ equity at RM492.8 million.
If all outstanding RCUIDS and warrants are exercised, the projected shareholders’ equity would be RM1.67 billion following the proposed distribution and disposal of AAB.
Kenanga Investment Bank Bhd highlights anticipated gains from divestment, totaling RM10.8 billion, which is expected to offset the negative shareholder equity and help the company exit the PN17 status.
Have you ever wonder why some of the Singapore-headquartered companies choose to list in the United States, either on the New York Stock Exchange (or NYSE for short), or NASDAQ? even though Singapore has its own stock exchange (in the Singapore Exchange, or SGX for short)?
One of the primary reasons for this is the ability to gain access to a much larger capital pool compared to listing on the stock exchange in its home country. By listing in the United States, the companies will be able to tap into a broader investor base, allowing them to raise significantly more funds.
Liquidity is another factor. If you are familiar with trading on the Singapore market, you will know that only a select few companies have a high trading liquidity. On the other hand, because of the sheer size of the US stock exchanges, the companies listed there have a much better liquidity, and this aids in the ease of buying and selling of shares.
Now you will understand why our Magician wants all of us to fly to New York..
This collective gain of RM10.8 billion is projected to offset the negative shareholder equity of RM10.5 billion as of Dec 31, 2023, effectively aiding the company in exiting the PN17 status.
SD went downhill due to False accounting. Nothing much we can do when honesty is compromised. What’s left was my 2019 Bonus Issues free warrant. Sad that Mabel cannot converted into Mother share since it is now delisted.
It's better to move on. Right now, beside good companies Mabel is also looking at Capital A and SE. Two PN 17 companies that is run by honest and hardworking PEOPLE..
Definitely not. Many right things yet to be done. False accounting involves too many parties. All involved ppl have to be held accountable i.e. involved accountants' license be axed, accomplices be jailed, etc
Posted by Mabel > 1 minute ago | Report Abuse
Better to move on...
SD went downhill due to False accounting. Nothing much we can do when honesty is compromised.
The problem is with capA can't make money flying people: KUALA LUMPUR, 8 June 2024 - AirAsia FREE* Seats campaign returns with 10 million promotional seats as part of the airline’s efforts to continue supporting tourism and stimulating economic growth across the region. This year, with flights to over 130 destinations on sale, the campaign aims to enhance connectivity and bolster the economies of numerous travel hotspots.
CA shares will spike when CA buys back 10% of their shares after this AGM. After that, Bursa approves the plan to transfer aviation division to AAX, and formation of new AAG IPO!
Don't get every CA shareholders will get free AAG shares during AAG IPO too!
of course , thats the best deal ... they know its cheap to buy their own shares , after AAG it will gain so much more than just 10 % free injection of capital into , and free shares , benefit and untung kuat kuat after this ... clean company providing sure untung services parisiting off AAG ,, whr to find
sslee... u still cry about leasor which is going into AAG ... who listen to u lose money , listen to me GAIN ... simple. cap A will fly higher sure untung company , SATS singapore 4.32 billion company own shares of ground services with airasia , only sslee still think tony is uncapable ... AAX out of pn 17. Cap A out of pn 17 , survived covid , survived the WORST... still more ALIVE than ever . being dominant in the asia scene , even more dominant with subsidaries everywhere
Even more exciting days cuming ahead with Magician Airlines
The news about Singapore Airlines' record profit reflects a positive trend for the aviation industry. By reporting a profit of S$2.67 billion for 2023-2024, SIA demonstrates that travel demand has rebounded significantly. In fact, this level of profitability suggests that travel has not only returned to pre-COVID levels but has likely exceeded them.
If you are the shareholders of Capital A, you will soon have 5 listed companies build into three segments worth RM 2.90: • Airlines business worth RM 0.95 • Digital business worth RM 0.94 • Brand AA listed US worth RM 1.01
This is inline with Singapore Airlines
• SIA at SGD 6.75 • SATS at SGD 2.64 • SIA Engineering at SGD 2.31.
Both SATS (Singapore Airport Terminal Services) and SIA Engineering Company are wholly owned subsidiary of the Singapore Airlines Group.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mabel
23,427 posts
Posted by Mabel > 1 month ago | Report Abuse
Wow soon Mabel can change name from Mabel Meow to Mabel Rich... Hihihi..
To Our Success
Meow Meow Meow