Posted by Sslee > 2 months ago | Report Abuse

Is anyone expecting a low IQ Mike-tikus start to think and not talking out of his ass?

Posted by Balian de Ibelin > 2 months ago | Report Abuse

why think when the mike🐀 confessed can get stock tips from Alor massage girl?

Alor massage girl was screaming Jack! Jack! do it do it
so mike🐀 bought Jaks and the rest was history .....

Posted by BLee > 2 months ago | Report Abuse

“Sslee > Cash flow from financial activities:
Borrowing mean cash inflow from new borrowing for the year..My point is despite new borrowing..”

Agreed on all except on new borrowing. Please refer to CAB Q12024 report, Link: https://www.klsescreener.com/v2/financial-reports/view/732113
item 20, short term borrowing of only 518.8mil from 579.2mil, a reduction of around 61mil (no new borrowing).
The long term borrowing increase is due to foreign exchange in USD from 2,056.5mil to 2,338.4mil, a loss of almost 282mil. Because of this exchange losses, the 1QR24 EBITDA of over 1B and operating profit of over 304.87mil; ended with a net loss of 244.279mil.
Conclusion: IMHO, It is very hard for CAB to turnover with massive borrowing and leasing in USD if the USD maintains at present level..

Posted by Mikecyc > 2 months ago |

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Posted by The_JQuestion > 2 months ago | Report Abuse

no worries USD will start to drop and AAG can pay those debt cheaper after the merger... win-win for both but a big WIN for cap A esp when its on going to nasdaq , only loser sslee and gang LOL <<
jsut booked cross country trip with aax , kul japan taiwan bangkok nice connectivity

Posted by Mikecyc > 2 months ago |

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Posted by Balian de Ibelin > 2 months ago | Report Abuse

Item 20 is the politically incorrect place to look for new borrowings

CapA had always repeat always been insolvent
even in good times CapA, always needed a page 7 activity/ies
2 options
borrow more money, 351 in this case
and or
refuse to pay lessors in comparative QR

all options used up in this illustrative Bursa Report ha ha ha 🤣

Posted by Mikecyc > 2 months ago |

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Posted by Mikecyc > 2 months ago |

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Posted by Mikecyc > 2 months ago |

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Posted by ken2004 > 2 months ago | Report Abuse

To me, Capital A is like our country lol, as long they don't miss the installment which mean they have earning capability, this is Capital A, don't expect dividend, it is more like whether one day they can hit it big to repay finished the debts........

Posted by Sslee > 2 months ago | Report Abuse

Cash flow from financing activities:
Proceeds from borrowings
Repayment on borrowings

From the above two figures is capA paring down borrowings or not?

Posted by Sslee > 2 months ago | Report Abuse

We have assessed the Net Current Liabilities position for the purpose of going concern, and as disclosed in Note 2.1, the going concern of the Group and the Company is dependent on the successful implementation of the Revenue Bond Program, and also the continuous support by the lessors.

Know what external auditor mean on above?

Posted by Mikecyc > 2 months ago |

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Posted by Sslee > 2 months ago | Report Abuse

BOD, FYE 2023 current lease liabilities is RM5,438,692,000. What
were the projected FY 2024 total amount (lease) recognised in profit
or loss and amount payment of lease liabilities in cash flow from
financing activities?

Answer:
We anticipate that the total amount of lease expenses recognised in profit or loss and the payments of lease liabilities reflected in the cash flow from financing activities will be closely aligned with our strategic financial plans and operational needs.

As of 1Q24, total lease payment as per cash flow statement is RM726 million and depreciation on ROU and Finance Cost of Lease Liabilities in income statement is RM767 million for operating and non-operating aircrafts.

Know what above mean to depreciation on ROU and Finance Cost of Lease Liabilities in income statement for FY2024 and how will it effect FY2024 profit?

Posted by Sslee > 2 months ago | Report Abuse

Note: FYE 2022 current leaseliabilities is RM4,340,844,000 in FYE 2023 total amount (lease) recognised in profit or loss: RM2,445,438,000. Payment of lease liabilities in cash flow: RM(2,045,816,000).

So what will happen to FY 2024 net profit. if in FY2024 total amount (lease) recognised in profit or loss and Payment of lease liabilities in cash flow is close to FYE 2023 current lease liabilities of RM5,438,692,000?

Posted by Balian de Ibelin > 2 months ago | Report Abuse

How CapA investors' brain works: -
for your info
in 2024 RM1 Trillion worth of gold and diamonds are dicsovered under the seats of all AA planes.

and everyone lived happily ever after

Posted by Balian de Ibelin > 2 months ago | Report Abuse

anyhow I was shocked the global warming turbulence had started 50 years ahead of time.
In future all airlines died violently, only way to travel is by sea.

Posted by Sslee > 2 months ago | Report Abuse

In the future you only need AA' teleport to teleport yourself and your luggage to any destination.

Posted by DickyMe > 2 months ago | Report Abuse

Good betting stock!
Getting ready for next punt.

Posted by DickyMe > 2 months ago | Report Abuse

"2024-07-01

Additional Listing

Conversion of Loan Stocks - 2,513,800 shares at 0.750."
================================

Fools foregoing 8% ?

Posted by Balian de Ibelin > 2 months ago | Report Abuse

Free money is exactly like Communism.
No need to worry about expenses control coz the flow of Free Money is expected to continue.

When you incur RM20 Billion liabilities, you just get more Free Money from Rakyat to pay for it.

Posted by Balian de Ibelin > 2 months ago | Report Abuse

CapA Total expenses grew way faster than total revenue every year.
That happens when you always get free money, there is no need to worry about Total expenses at all.
Free money for CapA is expected to continue forever until Jesus comes so no need to control Total Expenses which is always way higher than Total Revenue.

Posted by DickyMe > 2 months ago | Report Abuse

Thought the liabilities was more than RM20B, in the range of RM30 to RM40B?
So it reduced to RM20B? Isn't that a drastic improvement?

Posted by Balian de Ibelin > 2 months ago | Report Abuse

With Free Money, liabilities are always randomised to the how much you say it is.

whether RM20 Billion or RM40 Billion is not relevant since you do not need to pay for it, its Free Money

Posted by Balian de Ibelin > 2 months ago | Report Abuse

So far Communism style Free Money had been working for CapA. 🤣

Posted by DickyMe > 2 months ago | Report Abuse

So, accounting is fraud?

Posted by Balian de Ibelin > 2 months ago | Report Abuse

Accounting is certified by auditors,
but Liabilities are not payable since Lessors do not want the payment at all from CapA
so the Total amount of liabilities are randomised by the amount that Lessors refused to take the money from CapA

wonderful right?

Posted by DickyMe > 2 months ago | Report Abuse

"..since Lessors do not want the payment at all from CapA"
=====================
How is CapA responsible if they refuse payment??🤔

Posted by Balian de Ibelin > 2 months ago | Report Abuse

Exactly!!
In Communism, no one is responsible for anything. Its Everybody punya fault.

Posted by Balian de Ibelin > 2 months ago | Report Abuse

according to sslee, Lessors and shareholders like mike🐀 only want RM0.005 for every RM1.00 owed.
the rest of the money RM0.995, they refused to accept payment
so Lessors and shareholders like mike🐀 refused money for the Greater Good, Communism style. 🤣

Posted by Mikecyc > 2 months ago |

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Posted by Mikecyc > 2 months ago |

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Posted by Mikecyc > 2 months ago |

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Posted by geary > 2 months ago | Report Abuse

CapitalA Weekly Pivots Summary:
S1: 0.80.
PIVOT: 0.85.
R1: 0.89.
R2: 0.94.
Dis: Trade at your own Risk!

Posted by Mikecyc > 2 months ago |

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Posted by Mikecyc > 2 months ago |

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Posted by Balian de Ibelin > 2 months ago | Report Abuse

whenever I see any homosexual puppy love crush, I always find it very weird.
come on, posting at 3am in the morning?
go and get your own real life gay boy rather than be fixated on virtual sslee at 3 am on a Sunday morning 🤣

Posted by StartOfTheBull > 2 months ago | Report Abuse

Abnormal criticism from SS 🐁 Lee. This is usually happen when his old mate Balia de Licker is here.

Balian de Ibelin

13,648 posts

Posted by Balian de Ibelin > 11 hours ago | Report Abuse

anyhow I was shocked the global warming turbulence had started 50 years ahead of time.
In future all airlines died violently, only way to travel is by sea.


Sslee

5,374 posts

Posted by Sslee > 11 hours ago | Report Abuse

In the future you only need AA' teleport to teleport yourself and your luggage to any destination.

Posted by Sslee > 2 months ago | Report Abuse

Transporter (Star Trek)

A transporter is a fictional teleportation machine used in the Star Trek universe. Transporters allow for teleportation by converting a person or object into an energy pattern (a process called "dematerialization"), then sending ("beaming") it to a target location or else returning it to the transporter, where it is reconverted into matter ("rematerialization").

While human teleportation currently exists only in science fiction, teleportation is possible now in the subatomic world of quantum mechanics -- albeit not in the way typically depicted on TV

Posted by Mikecyc > 2 months ago |

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Posted by Mikecyc > 2 months ago | Report Abuse

AirAsia Newsroom
https://newsroom.airasia.com › news
Teleport is making affordable next-day delivery a reality for all
13 May 2024 — Teleport, an integrated logistics provider, is making affordable next-day delivery a reality for all businesses in Southeast Asia, with the ...

Posted by Sslee > 2 months ago | Report Abuse

By the way what do you expect someone with no job, no wife, no children and still staying in parent house to spend his lonely time at 3 am on a Sunday morning?

Posted by Mikecyc > 2 months ago |

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Posted by Mikecyc > 2 months ago |

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