Posted by abidinaa > 2 months ago |

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

Any supermarket that refuses to use Ryanair Yield Control Curve goes bankrupt almost instantly.
For airlines, it just means you will never make money moving people and need to sell planes.
When MAG implemented Ryanair Yield Control Curve in 2019 instead of Fixed Pricing, Air Asia went into ICU and triggered the crash cart beep beep beep.
Luckily covid came and rescued Air Asia 🤣

Posted by Sslee > 2 months ago | Report Abuse

Debts is one things but the biggest problems is lease payment owed to lessors. These lease payment had been roll over since covid and as at 31/3/2024
The current lease liabilities RM 5,985,234,000
And trade and other payables RM 4,023,726,000

Tell me can capA generate enough cash flow to pay the current lease and payables in the next 12 months?
If cannot pay planes lease and overdue lease payment then lessors can just pull out their planes and that will be the end of your beloved capA.

Q1 end 31/3/2024
RM '000
Cash flow from financing activities
Proceeds from borrowings 351,371
Repayment of borrowings (58,914)
Repayment of lease liabilities (726,424)

Posted by Sslee > 2 months ago | Report Abuse

So that 3 billion is just to roll over the current lease liabilities and payables from current to non-current bonds/debts to enable capA to survive for another year and lives to fight another day.

Posted by Sslee > 2 months ago | Report Abuse

Balian is right all this while capA only make profit by buying planes in bulk with bulk discount and then overcharge it regional JV companies for planes lease from capA owned lease company.

The last big profit and big dividend was profit from bulk selling of AA planes to lessors and now without own planes CapA aviation is at the mercy and pleasure of lessors.

CapA business model is not to make profit from flying people and that model with tagline 'Now Everybody can Fly' will be the downfall of capA aviation if not corrected soon.

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

In Principles of Philosophy, there is a "Universal Truth".
[hated this compulsory subject in UM, but it proved useful many times over since.]

I had been observing AA since it started and was surprised seen using Reverse Ryanair Yield Control Curve from start.
AA survived and never made money moving people, always selling planes.

Remember that all this while MAS was using fixed pricing.
We know the history.
MAS went bust and Govt subsidy/grant etc.
=> so MAS used Ryanair Yield Control Curve in 2019.
=> as expected AA collapsed, [beaten by MAS Universal Truth Pricing] and went into ICU in 2019.
AA, no choice again do monkey trick of selling planes.
=> and 2020 was the rescuer of AA being global covid.
We all know this as history.
[What is interesting is that since 2019 MAS had been clocking up RM Billions of profits from this Universal Truth - Ryanair Yield Control Curve.]

Your Kajang satay, food trucks, mamak stalls, wet markets, pork sellers, fish sellers, roti man, kacang putih man, night markets, supermarkets, mini markets, 99Supermart, Popular Book Store, MrDIY, Isetan, Parkson etc all use Ryanair Yield Control Curve.
These people will call you crazy if you tell them to do Reverse.
Why?
Because Ryanair Yield Control Curve. ...............Its a compulsory system to determine pricing and economic value since it is the ONLY system there is in economic theory to make profits.

The reverse only guarantees losses and bankruptcy. =>its called the Reverse Ryanair Yield Control Curve.

Why?
because the Ryanair Yield Control Curve is the "Universal Truth" to determine the economic value of goods to be sold to consumers. 😁

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

A) Downhill Curve
The curve in the Graph of the Ryanair Yield Control Curve drops as time goes by, as modified by dynamic pricing.
Selling price decrease as a function of time.
Its Downhill all the time up to flight takes off.

same for Supermarket and mini markets
Fresh onion starts at say example RM10 per kg and starts dropping as onion gets rotten.
Finally when its really rotten and only factories wants it, its like RM0.10 per kg.

B) Uphill Curve
The curve in the Reverse Ryanair Yield Control Curve goes up all the time.
Selling price increase as a function of time.
Price increases all the time until highest price achieved just prior to take off.

Lets use example of Onion here.
Fresh onion starts at say example RM10 per kg and starts increasing as onion gets rotten.
Finally when its really rotten and only factories wants it, its like RM100 per kg.
This sounds crazy right?
Thats to normal people.
Abnormal people says... but you need the onion to make curry right?
Since its Urgent for you, you will pay any high prices, that I say.
Say RM100 per kg, urgent mah?
Any supermarket using Reverse Ryanair Yield Control Curve goes bankrupt instantly. 🤣

ha ha ha
🤣

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

You can see a very Good Example of the Ryanair Yield Control Curve here:-
Lucy Brown takes Ryanair flight.

https://www.youtube.com/watch?v=mqNMJ8LzsoQ

Posted by Johnchew5 > 2 months ago |

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Posted by Johnchew5 > 2 months ago |

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Posted by Sslee > 2 months ago | Report Abuse

Kid go somewhere else to loiter as you have nothing to contribute to the discussion on capitalA.

Posted by Mabel > 2 months ago | Report Abuse

Sslee Page 40 of Financial Report 2023:
CapA need to stop the zero fare promotion and seriously increase airfare to make meaningfull profit to pay down its debts.
25/08/2024 9:47 AM

Haha we are still discussing Airlines as we waits for the EGM of the merger of Mabel Airlines Airasia and AAX.!

Just like Blee, Mabel also believes that without the ZFP, CapA (AirAsia) would struggle to compete as a budget airline. The ZFP is not applicable to all seats, only during non-peak times, and comes with terms and conditions. Before the pandemic, the ZFP was very successful with the tagline “Everybody can Fly,” allowing many regular flyers to travel to destinations like South Korea, Japan, and Australia. Recently, some investors flew to Japan and China using these promotions, and the flights were nearly full.

Hence Mabel questions would there be as many flyers without the ZFP?.

So Chicken and Egg Dilemma: hence which should come first. Mabel thinks it’s better to sell empty seats at a lower price to cover incidental expenses and make a profit from higher-priced seats. Beside Mabel also noticed that onboard food and beverages are selling well (Thanks for Chef Simone, Klara, Iona and Una), which should contribute to healthy profits.

The main issues is the foreign currency debts are significantly impacting CapA’s financial health. With Brent down to USD 76-79, Airfares is on uptrend, Potential drop in US interest rates and USD, Capital A is now 90% planes loaded, increase capacities, airports crowded, tourists are cumming, it’s looking good for Mabel Airlines…

To Our Success !

Meow Meow Meow

Posted by Sslee > 2 months ago | Report Abuse

Is 72g profit something to shout about?
Know how much Mabel earned per week from stock investment?

Do I need to promote Yinson when I can sit back and watch the waves formation?( 2 news FPSO in operation this year and one more on Q1 2026)
Unlike someone promote jaks 24/7/365 for more than a year now non-stop to no avail.

Posted by Sslee > 2 months ago | Report Abuse

Is growth [Zero Fare Promotion (ZFP)] at the expense of profit good/sustainable?

Repost:
"Investors have poured money into a bottomless pit, attracted by growth when they should have been repelled by it.” - Warren Buffett

In 2016, Warren Buffett started buying a chunk of nearly the entire U.S. industry, eventually paying $7 billion to $8 billion to buy roughly 10% of American Airlines Group, United Airlines Holdings, Delta Air Lines, and Southwest Airlines. By 2019, he had a small profit. Then COVID-19 struck, and he immediately pulled out, calling his investments “an understandable mistake.” A year later, the stocks had taken off, with United and American more than doubling between May 1, 2020, and May 1, 2021. Such is life with airline stocks. They’re suitable only for short-term market timers, and no one—not even Warren Buffett—can time the market, knowing precisely when to jump in and out.

Benjamin Graham, was right from the start. He wrote in 1949 that it’s obvious that the airline industry will take off, but that doesn’t make airline stocks good investments

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

Greed is good.
Zero fare to increase losses, make losses huge to borrow more money is good idea.
Some people love huge losses in QRs
Many people want to expand so that can borrow Billions thinking that banks will be scared of them not repaying money.

Posted by Johnchew5 > 2 months ago |

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Posted by Johnchew5 > 2 months ago |

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Posted by Johnchew5 > 2 months ago |

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Posted by Sslee > 2 months ago | Report Abuse

Kid go somewhere else to loiter if you have nothing to contribute to the discussion on capitalA.

Posted by Johnchew5 > 2 months ago |

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Posted by Johnchew5 > 2 months ago | Report Abuse

Oh TinKosongLee boyy said the 🍌 cannot stand , why ???

Posted by Sslee > 2 months ago | Report Abuse

Aiyoyo mike/John-tikus rally do not have ball/balls or maybe also banana to show how many Jaks share he hold and at what price despite repeat request and teasing from MusangKing.

Posted by Sslee > 2 months ago | Report Abuse

A 72g profit or book gain for sucker billis is still much better than Mike/Joh-tikus looking at his 🍌 or 5 or 6 figures book loss in jaks for already more than a year

Posted by Johnchew5 > 2 months ago |

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Posted by Johnchew5 > 2 months ago |

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Posted by Johnchew5 > 2 months ago |

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Posted by AnthonyAng666 > 2 months ago | Report Abuse

I guess they want to reduce the debts before selling the aviation business to AAX

https://theedgemalaysia.com/node/723812

Posted by BLee > 2 months ago | Report Abuse

“Sslee > Is growth [Zero Fare Promotion (ZFP)] at the expense of profit good/sustainable?”

My only involvement in CapA is ZFP; not holding any CapA share…therefore will try to answer the above question. Is ZFP related to CapA growth? My opinion on ZFP is just a gimmick to lock in my Cash for future travel at a discounted price. Actually, ZFP should be Discounted Fare Promotion, as needed to pay some taxes and Fuel Surcharge and some miscellaneous charges up front. It is Willing buyer, Willing seller. Does it equate to growth? The answer is Yes and No; Yes if the Cash Not for offsetting debts and a big No in CapA case as foreign currency debts over a Billion RM.
The next question on profitability; the moment the flight takes-off with empty seats, definitely it will be a loss of revenue. With some seats on ZFP (DFP?), the incidentals expenses like Plane Parking fees, Fuel Surcharge, etc already partly covered. On a sustainable level, your guess is as good as mine; at least Cash already collected up front, it is just filling the small gap among the big stones…Happy Trading and TradeAtYourOwnRisk

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

The known crazy MikeCheatYouCrazy had become even crazier
it all started when Jalan Alor girl screamed Jack!
and mike🐀 bought Jaks
and came back to i3forum boasting he got stock tips from Jalan Alor girl. 🤣



Posted by Huangbk722 > 16 minutes ago | Report Abuse

Miketikus forgot to change id again? 🤣

You are getting sloppy nowadays. 😂

Posted by Sslee > 2 months ago | Report Abuse

The known crazy MikeCheatYouCrazy had become even crazier and one upon a time he even login as OleOleOle trying to teach Stony how to get capA out of PN17.

Stony must be rolling on the floor laughing non-stop if he happen to read the below.

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

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

The excess valuation for those planes does not exist.
because advert is likely "old airframe" with "new engines" he saw online for sale. 😁

All AA plane engines were all used and the run hours and flight hours are likely on the overused side. Emphasis on over used.

A valuation exercise will most likely generate a shortfall and CapA likely have to compulsorily impair assets value. Reduce NTA by RM3 Billion instead of adding.
MikeCheatYouCrazy just gets info online and thinks he is expert.
A little knowledge is a very dangerous thing.🤣

Posted by ken2004 > 2 months ago | Report Abuse

After awhile not back, notice the one making so many message and analysis is those not buying or owning the share LOL........

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

Just Buy!!!
nothing to worry about
of course WHO lied about mpox and there is no pandemic making airlines to close

when you happen to die, then there is a pandemic.
since you are still alive there is no pandemic 😁

Posted by BLee > 2 months ago | Report Abuse

“ken2004 > After awhile not back, notice the one making so many message and analysis is those not buying or owning the share LOL........”

Quite true, my only contribution to CapA is to get the best Discount Fare Promotion (DFP); planning to go to Japan or China next month…CapA, do Not abandon ZFP, hopefully can restructure the debts and don't touch any of the promotion gimmick. Will buy some CapA shares if visualise any turnaround!!

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

Huangbk722
MikeCheatYouCrazy, a known crazy, is an extreme psychotic guy.
He changes identity but uses exact same sentences to provide proof of identity.
its like a death wish to be caught lying. 😁
Confirmed mum issues when young, not enough milk.

More than 3 years ago, I already said mum threw him away and dropped his head on longkang.
Bangla raised him and perverted him daily, multiple times.

Posted by paulthesotong > 2 months ago | Report Abuse

no biz like tourists biz..

Posted by paulthesotong > 2 months ago | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2024/08/26/mavcom-sees-14-3-increase-in-air-passenger-traffic/

Posted by Sslee > 2 months ago | Report Abuse

For all we know, most likely all the cafe supervisor/macai abusive posting also can be from MikeCheatYouCrazy, a known crazy and an extreme psychotic guy.

Posted by Huangbk722 > Aug 26, 2024 3:43 PM | Report Abuse

Why miketikus use different id, language also becomes abusive? Evolve or revolve

Posted by Johnchew5 > 2 months ago |

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Posted by Mabel > 2 months ago | Report Abuse

Yes Lah...There is no business like Tourist Business. The Malaysian Aviation Commission (Mavcom) has reported a steady increase in air passenger traffic across both domestic and international sectors.

Air passenger traffic statistics released today showed that passenger numbers were up 14.3% year-on-year and up 7.7% month-on-month. For the first seven months of 2024, the cumulative air passenger traffic reached 55.4 million passengers, in line with Mavcom’s forecast of 93.9 to 107.1 million passengers for the entire year.

All Mabel Airlines Team continue to climbs today ..

Captain Mabel Meow

Posted by human > 2 months ago | Report Abuse

Tourism and business around SEA, CHINA are booming compare with EU and USA.
Capital A is a SEA based one stop tourism company with air line business necessary to be part of the ecosystem.

Airbus and Boeing are still having supply chain issue in fulfilling their order, this is not an issue that can be solve in short term.
https://investors.boeing.com/investors/news/press-release-details/2024/Boeing-Forecasts-Demand-for-Nearly-44000-New-Airplanes-Through-2043-as-Air-Travel-Surpasses-Pre-Pandemic-Levels/default.aspx
https://www.businesstimes.com.sg/companies-markets/transport-logistics/airbus-cuts-guidance-supply-chain-snags-continue-bite
https://skift.com/2024/06/25/airbus-will-deliver-fewer-new-planes-this-year/
Thus airline with existing plane or grounded plane that can be refurbish to continue fly safely will take the sales from those airline that are still waiting for new airplane.
Capital A has both new plane order waiting to be deliver and grounded plane that can refurbish to be back to service. Capital A airline business has advantages over other airline, while the Capital A tourism ecosystem is growing with the booming of SEA and China tourism and business.

Posted by paulthesotong > 2 months ago | Report Abuse

U really talk like human after all not like S talk like a ghost.

Posted by Sslee > 2 months ago | Report Abuse

Human have emotion and when come to stock they hold Confirmation bias

Confirmation bias is a term in cognitive psychology that describes how people naturally favor information that confirms their existing beliefs.

Example:
Posted by paulthesotong > Aug 22, 2024 3:37 PM | Report Abuse
money for nothing..
https://theedgemalaysia.com/node/723812

Is that really free maney or money for noting?

The so called free money or money for nothing is life saving money to roll over the current lease liabilities and payables from current to non-current bonds/debts to enable capA to survive for another year and lives to fight another day

This is the word of auditor and not mine
We have assessed the reasonableness of the cash flow projection provided by the management (Note 2.1). The going concern of the Group is dependent on the following:
1. Successful implementation of a Revenue Bond program; and
2. Continuous support from Group's lessors

Posted by human > 2 months ago | Report Abuse

I deal with auditor for the past 20 years due to work.
Auditor is a reference for statutory compliance not business. Most of them they have no clues whether a business can turnaround , loss monies or made profit the next year.

Take text out of context from auditor for confirmation bias is very unwise.

Please read more to understand the current global travel trend and airline business to better grab what is going on with business world.
Read from industry leaders like Boeing and Airbus comments on airplane matters, skift business intelligence on travel news.

Posted by human > 2 months ago | Report Abuse

The travel demand for SEA and China is hot and keep growing.
Capital A restructuring is timely, the new structure of leaner assets with focus on one stop travel and logistics solution provider will benefit from this travel boom of multiple years.

Posted by Sslee > 2 months ago | Report Abuse

When a company in PN17, it is company management responsibility to prepare a cashflow projection for the coming year to address the going concern per statutory compliance otherwise the external auditor will dare not sign off the financial account for the year.

So are you now disputing the external auditor on:
We have assessed the reasonableness of the cash flow projection provided by the management (Note 2.1)?

Or on capA management on
The going concern of the Group is dependent on the following:
1. Successful implementation of a Revenue Bond program; and
2. Continuous support from Group's lessors??

Posted by human > 2 months ago | Report Abuse

Now sslee talking sense "statutory compliance".
Auditor is a reference for statutory compliance not business.

Posted by human > 2 months ago | Report Abuse

Want to made senses of whether the business going go bad or turnaround then understand what Capital A restructuring will mean if complete and how the structure will benefit from travel demand boom.

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

Air travel will stop soon.
Dump all airlines shares. There is no tomorrow for airlines.
Global warming will make air travel impossible.
I was shocked deaths had started way ahead of schedule instead of in 2030s
https://edition.cnn.com/2024/05/21/world/singapore-airlines-turbulence-bangkok/index.html
https://www.thejakartapost.com/world/2024/08/13/eva-air-flight-from-jakarta-hits-strong-turbulence-six-injured.html

The data was actually there.
the 1.5 threshold will be breached ahead of schedule.

https://news.un.org/en/story/2022/05/1117842

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

Warren Buffett was smart to dump all his airlines shares before all air travel is stopped.