Posted by jackey > 2024-06-30 09:32 | Report Abuse

u book genting hotel or book travelling package, not paying advance? Rubbish minded head, shoud cut it off

Posted by Sslee > 2024-06-30 19:32 | Report Abuse

The Ponzi scam is just a hypothetical question in referring to a services business that take in billion in advance sales but still need billion in borrowing for working capital?
Isn't that mean the business is using the future money to provide services to current customers?
Or in other word if without future money/advance sales will the business survive?

Posted by Sslee > 2024-06-30 19:40 | Report Abuse

By the way every airlines sell tickets in advance but how many airlines still needed borrowing/bond for working capital?

cash inflow of approximately USD125 million (approximately RM575 million) (Tranche 2) to finance working capital, maintenance cost and lease rentals

Posted by raymondroy > 2024-06-30 19:43 | Report Abuse

n any business .... working capital is a mandatory requirement, regardless of sector or business, the question is where and how you obtain it?
1) You can either go to the bank and borrow or ask customers to place deposit or advance...... and in AA case its payment in advance.
2) Nobody is forcing you to pay in advance. If you want you can buy 1 day before travel or on the same day. There is no forcing.
3) Buying in advance which means paying in advance entails you some benefits, for example cheaper ticket, cheaper perks, better seat etc etc.... again no force its up to you
4) Before covid, and before the MFRS accounting pronouncements on balance sheet lease treatment, AA had little need for working capital as it has sufficient retained profits to run the business
5) Now after covid, yes it is struggling and thats why we have PN17 status etc to safeguard good companies from being hounded by creditors and this is what AA is finding itself in
6) AA is now restructuring itself out of the fix and to generate a win win for everyone.... its as simple as that
7) Weather the restructuring will work, weather it will be accepted by the creditors, will there be haircut, capital reduction..... well all these are risks .... business risks that one has to undergo..... as there is no certainty in life my friend...
8) Only certainties in life are death and taxes :-) happy hunting

Posted by Sslee > 2024-06-30 20:03 | Report Abuse

The AirAsia FREE* Seats campaign and Big Sale start today, 8 June 2024 at 12pm (GMT+8). All flights on sale are available for booking until 16 June 2024 only on airasia.com or the AirAsia MOVE app (formerly airasia Superapp) for travel from 2 September 2024 up until 8 October 2025.

Is above mega promotion to book in advance sales good or bad for AA' top line and bottom line?

Posted by The_JQuestion > 2024-06-30 20:19 | Report Abuse

ss lee and gang are the masters of ponzi schemes they are master mainpulators , and always try to deceit information to their agendas
Tony airasia big boss , made one of biggest airline in asia . Made travelling possible , made festive season travelling for millions afforadble , and make us UNTUNG , getting cap A shareholders the value , out of PN 17 and even going into NASDAQ . even GE + Airbus love to work with tony . See the diff btwn the two gangs? one making a diff the other one just trying to cause havoc but failed. Let's go , LIMIT UP !!

Posted by Sslee > 2024-07-01 06:53 | Report Abuse

I am just telling what are inside CapA financial result unlike others many fortune tellers telling a very bullish future unsupport by financial result and the competative nature of Low Cost airline that almost every SEA countries have their own national Low Cost airlines.

Posted by StartOfTheBull > 2024-07-01 07:38 | Report Abuse

Capital A financial reports are available on Bursa website. SSLee has different financial reports to share other than the one found on Bursa website?

Posted by JrWarren > 2024-07-01 08:08 | Report Abuse

how AA makes money: https://i.imgur.com/8K1weV2.png

Posted by Sslee > 2024-07-01 08:39 | Report Abuse

Didn't all my figure and fact from the Capital A financial reports available on Bursa website?

Can the fortune teller pinpoint which of my figure and fact is not from the Capital A financial reports available on Bursa website?

Posted by nuemeslau > 2024-07-01 16:06 | Report Abuse

to fly or not to fly

Posted by jackey > 2024-07-01 22:48 | Report Abuse

they r bad hearted, eventually will get pay

Posted by The_JQuestion > 2024-07-01 22:54 | Report Abuse

Every company has their own LCC but which is the best ? MADE IN MALAYSIA . One of the biggest LCC in the world ,probably top 3 and airbus biggest LCC client?
Also sslee forgot his text book , AA has indonesia , phlippines , thailand and now cambodia on TOP of operating in China , Japan , taiwan and India
THis is one reason for it get into NASDAQ it is an international MNC
mayb ss lee and gang can visit the lions in africa as AA will be the first to fly to Africa , i like to Move it Move it

Posted by Balian de Ibelin > 2024-07-01 23:51 | Report Abuse

sslee likes to look at Financials.

I only look at business model.

The most successful LCC in the world today is Ryanair.
So much so that all global airlines from 1 plane onwards started to emulate and copy Ryanair.
By today, the global airline business model standardisation is almost complete with 99.99% of world airlines using a Ryanair Yield Control Curve modified and customised to own peculiar needs.
When Malaysia Airlines copied exactly Ryanair Yield Control Curve, massive profits started to flow in.

However Air Asia decided to do exactly opposite to everything Ryanair does.
In practice, if Ryanair eats with mouth, Air Asia will sheeeet with mouth, thats opposite, right?

If you study carefully the financials of Air Asia, you maybe able to pinpoint the exact year, the Wotai Traitor transitioned to a Reverse Ryanair Yield Control Curve and does exactly opposite to Ryanair.

Ryanair Yield Control Curve => Massive Profits (Malaysia Airlines and 99.99% of all airlines)

Reverse Ryanair Yield Control Curve => Massive Losses (Air Asia current Business Model)

As a result of this transition to a Reverse Ryanair Yield Control Curve, Air Asia had never ever made any profits moving people at all.
All profits made were purely magic profits from sales of planes.
When the magic sales stopped, profits stopped.
Today Air Asia is still controlled by the Wotai Traitor who uses a Reverse Ryanair Yield Control Curve triggering massive losses.

Lucky You !!!!! 😁🤣

Posted by Sslee > 2024-07-02 06:34 | Report Abuse

Good morning my friend Balian de Ibelin.
Long time no see, where have you been?

Posted by nasgee > 2024-07-02 08:51 | Report Abuse

flyyy la 2 dayy vroommm

Posted by Mikecyc > 2024-07-02 10:45 |

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Posted by Mikecyc > 2024-07-02 10:56 |

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Posted by StartOfTheBull > 2024-07-02 12:25 | Report Abuse

Ya. That's why I asked him whether he has a different set of financial reports other than the one available on Bursa website. 🤣

Posted by DickyMe > 2024-07-02 12:39 | Report Abuse

Don SSLee, if you can't beat them, join them.
Life as a troll is good?

Posted by Sslee > 2024-07-02 12:45 | Report Abuse

Sorry accidently deleted.
Repost

TheBull must be joking for asking a thinking question to low IQ Mike-tikus.

He can't even read financial report so how can he answer you whether different or same set of financial reports?

As for you can you different whether my figure and fact is from Capital A financial reports available on Bursa website or not?

Posted by Mabel > 2024-07-02 13:13 | Report Abuse

StartOfTheBull Ya. That's why I asked him whether he has a different set of financial reports other than the one available on Bursa website. 🤣
02/07/2024 12:25 PM

Yes lah, sometime I also wonder...When all the Super Duper Expert Analyst like Maybank, TA Research are pointing North, our Handsome Sslee always pointing south...hihihi...

Meow

Posted by StartOfTheBull > 2024-07-02 13:48 | Report Abuse

SSLee, can you be more rational. If you don't have a different set of financial reports, why should you post those figures copied from the original financial reports? Are you assuming you are the only person know how to read financial reports?

StartOfTheBull

7,544 posts

Posted by StartOfTheBull > 1 hour ago | Report Abuse

Ya. That's why I asked him whether he has a different set of financial reports other than the one available on Bursa website. 🤣

Posted by Balian de Ibelin > 2024-07-02 15:32 | Report Abuse

This End of the Cock is very destructive to shareholder value.
End of the Cock orders shareholders to look at accounts, after looking at accounts, all starting selling.

Thanks to End of the Cock => Capital A is deep Red today.

Posted by Balian de Ibelin > 2024-07-02 15:45 | Report Abuse

This End of the Cock loves to highlight that BURSA has a set of Capital A accounts showing how Bankrupt Capital A is.

Kisah Benar many buyers of CapA shares have no idea BURSA has CapA accounts.

Maybe a possible reason is this End of the Cock obviously has a case of dendam against CapA or very jealous of Stony indeed.

Posted by StartOfTheBull > 2024-07-02 15:56 | Report Abuse

I thought the man above has reformed himself after long disappearance from i3, but sadly no change.

Posted by SinGor > 2024-07-02 16:24 | Report Abuse

http://news.yahoo.com/airlines-got-too-confident-now-105302384.html
____________________
How tony is sell AA Brand??

Posted by Balian de Ibelin > 2024-07-02 16:36 | Report Abuse

Its a mind boggling insane action of End of the Cock to repeatedly force shareholders of CapA to go to BURSA website to see how bankrupt CapA is.

A normal person without jealousy of CapA and Stony will just keep quiet. 🤣

Posted by Balian de Ibelin > 2024-07-02 16:42 | Report Abuse

Nothing is what it seems.
Only when time to show hand (or force show CapA bankrupt accounts at BURSA website) then only you know who the Traitor is.

Posted by StartOfTheBull > 2024-07-02 16:55 | Report Abuse

Licker ah Licker, there is always no better words come out from your mouth.
No one can tell the future, SSLee maybe is the one who is too serious with the accounts.

Posted by Sslee > 2024-07-02 17:11 | Report Abuse

Found below on BURSA website:

CAPITAL A BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description CAPITAL A BERHAD ("THE COMPANY")

MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Reference is made to the Company’s announcements dated 8 July 2020, 27 May 2021, 7 January 2022, 13 January 2022, 14 January 2022, 3 February 2022, 1 March 2022, 1 April 2022, 5 May 2022, 1 June 2022, 1 July 2022, 1 August 2022,1 September 2022, 3 October 2022, 1 November 2022, 4 November 2022, 29 November 2022, 1 December 2022 and 21 December 2022, 3 January 2023, 2 February 2023, 27 February 2023, 1 March 2023, 4 April 2023, 2 May 2023, 1 June 2023, 15 June 2023, 30 June 2023, 3 July 2023, 27 July 2023, 1 August 2023, 1 September 2023, 2 October 2023, 5 October 2023, 1 November 2023, 1 December 2023, 22 December 2023, 2 January 2024, 19 January 2024, 2 February 2024, 1 March 2024, 1 April 2024, 2 May 2024, 4 June 2024 and 28 June 2024 (“Announcements”).

(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Announcements.)

Pursuant to paragraph 4.1(c) of PN17 of the Main LR, the Board of Directors of the Company wishes to announce that the Company and the appointed advisers are in the midst of formulating a regularisation plan to address its financial condition.

As announced on 28 June 2024, the Company has submitted an application to Bursa Securities for an extension of time until 31 August 2024 for the Company to submit its regularisation plan to Bursa Securities. The application for extension of time is pending Bursa Securities’ decision and the Company shall make the necessary announcement(s) regarding the development thereof accordingly.

This announcement is dated 2 July 2024.

Posted by Balian de Ibelin > 2024-07-02 17:23 | Report Abuse

already 4 years of extensions

hopefully can be extended another 4 years until July 2028 😀👍

Posted by Balian de Ibelin > 2024-07-02 17:43 | Report Abuse

comparing
Sumatec fell into PN17 status after its auditors expressed a disclaimer opinion in the company’s audited financial statements for its financial year ended Dec 31, 2017.
Sumatec was delisted in 24 March 2022

Sumatec took 5 years and 3 months to be delisted

CapA baru extension 4 years only still orang baru kindergarden status

Posted by Mikecyc > 2024-07-02 21:19 |

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Posted by Mikecyc > 2024-07-02 21:23 |

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Posted by Mikecyc > 2024-07-02 21:32 |

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Posted by Mikecyc > 2024-07-02 21:34 |

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Posted by Mikecyc > 2024-07-02 21:48 |

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Posted by StartOfTheBull > 2024-07-02 22:36 | Report Abuse

No worries, 🐭Lee has lover 💕 Balia de Licker in i3 forum even though both of them have not seen each other.

Posted by The_JQuestion > 2024-07-02 22:57 | Report Abuse

https://www.malaymail.com/news/malaysia/2024/07/02/malaysia-airlines-and-airasia-rank-among-top-airlines-in-the-world-for-losing-the-least-luggage/142366
Fun fact MAS ever loss my luggage and paid me a mere 300 to cover my expenses LOL... rugi and buy ticket mahal so answer is airasia very SAFE

Posted by Sslee > 2 months ago | Report Abuse

Shouldn't "Is airasia very safe" be a question rather than an answer?

By the way am I right to say Mike-tikus is low IQ when what he can come out is gibberish?

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Posted by EngineeringProfit > 2 months ago | Report Abuse

Sslee, have you increased your investment in this counter? Or still only 1000 lot?

Posted by Sslee > 2 months ago | Report Abuse

Still holding 1000 units to qualify as shareholder.
Waiting for the AGM minutes publish at capA website and see whether need to send in follow up questions.

Posted by Mikecyc > 2 months ago |

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Posted by Pandu1 > 2 months ago |

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Posted by Pandu1 > 2 months ago | Report Abuse

Since 24th May its been hovering between 90sen to 86sen. 4 to 9 sen nothing ma. This indicated that its ready to fly Rm1 level lo.

Posted by Pandu1 > 2 months ago | Report Abuse

Now everybody can fly to d moon lo.