Posted by abidinaa > 1 month ago | Report Abuse

Hahaha. Balck Queer guy, another die hard supporter of My-Airlines. Die die want to condemn Capital A. Still cant accept the truth that My- Airline is dead and kapoot.Your beloved airlines is ordered to pay 17 million to MAHB for scam. While Capital A is doing 3281 flights a week. We don't want your money. Use you money to operate your dieing Gay Bar. Hahaha. Together with Sot sor Lanc and de Ibelis.

Posted by abidinaa > 1 month ago | Report Abuse

Where is that BlackQueer dude? He deleted all his comments. What's the matter? Can't find anyone to date you? Hahaha.

Posted by AnthonyAng666 > 1 month ago | Report Abuse

Capital A got chance to turn green in q2

Posted by Mabel > 1 month ago | Report Abuse

The_JQuestion ringgit is so bullish ...... i reckon it will reach 4.2 or even below at the END of the year. noone foresee it that good , good for cap A and its plans together with AAX. HOLD , good times and amazing FUTURE is coming !!
15/08/2024 5:18 PM

Yes Sir!!!

Now you know why our Capital A soooo steady..

The Malaysian Ringgit (RM) has been performing well against the US Dollar (USD) recently. Over the past month, it has appreciated by 6.2% against the USD and has recovered 7.79% from its low earlier this year.

If the Federal Reserve decides to lower interest rates in September, it could potentially weaken the USD, making the RM stronger in comparison. Lower interest rates in the US typically lead to a weaker dollar because investors might seek higher returns elsewhere, including in emerging markets like Malaysia. This could further boost the RM’s performance.

With the GDP Forecast being revised upward, we will get there..

To Our Success !

Meow Meow Meow

Posted by The_JQuestion > 1 month ago | Report Abuse

QR week .... cards will be revealed very soon , stay tune !! interest already in , now bankers turn

Posted by JrWarren > 1 month ago | Report Abuse

Same AAX strategy, there is a regularization plan but not submitted to Bursa.
When CAP A generated 2 quarters profit and reversal of negative networth (upon completion of corporate exercise), Tony will straight away apply to quit PN17.
The business environment is dynamic, if regularization plan submitted, CAP A is forced to follow the plan and timeline despite the macro environment change (AA / AAX Thailand is forced to follow the regularization plan that submitted to Thailand authority).
So it is better to reveal to the regularization plan to public and Bursa , but not submitted to Bursa. Then apply for PN17 extension along the way and show Bursa there is a progress to actually improve the company overall financial position & operation efficiency.

Posted by The_JQuestion > 1 month ago | Report Abuse

USD may hit 4.10 at end of Q4 , that is 15% diff from q1 .... Profit for AAX and cap A will jump significantly , not only that , aviaiton fuel is also CHEAPER by 30 dollars , from 122 to 88 of now a discount of 28 % as at q3..... ur thoughts mr Calculator?

Posted by paulthesotong > 1 month ago | Report Abuse

brent below usd 76,air airfares steady, cut in int rates, full planes,drop in usd.

Posted by Mabel > 1 month ago | Report Abuse

Wah....

80 sen oledi..

Must be Good QR!!!

Posted by abidinaa > 1 month ago | Report Abuse

I'm soooo epi today. Tq SotSotLanc, BlackQueer Dude n de Ibelis. 600k @ .795. I hope not too early. Waiting for short penxs gang to press down again. But with Ringgit appreciating, fuel price down and My-Airlines went bust and kapoot may be bit difficult to go down. Just wait and see.

Posted by abidinaa > 1 month ago | Report Abuse

People lost trust with MAS with having their flights diverted due technical failure. So many happened this year. Why?Why? I tell you why. So many good engineers and crews joined AAX. What's left are incompetent staff and crews. So much with debt free airlines. In reality it is draining too much needed taxpayers money.

Posted by paulthesotong > 1 month ago | Report Abuse

money for nothing..

https://theedgemalaysia.com/node/723812

Posted by AnthonyAng666 > 1 month ago | Report Abuse

Tomorrow flying through 80 cents 😁

Posted by Sslee > 1 month ago | Report Abuse

Are you kidding money for nothing?
Can money just fall from sky.

Know what is revenue bond?

Page 40 of Financial Report 2023: 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 willbe 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.

Posted by Sslee > 1 month ago | Report Abuse

External Auditors if FYE 2022 Management cash flow forecast is far off the mark as per actual achieved then as at 31 December 2023, the group current liabilities exceed its current assets by RM12,699 million. Are Auditors satisfied and confident with management's cash flow forecast for year 2024 that the group will not default on the net current liabilities of RM12,699 million?

We have assessed the reasonableness of the cash flow projection provided bythe 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 abidinaa > 1 month ago |

Post removed.Why?

Posted by Sslee > 1 month ago | Report Abuse

As at 31/12/2023 capitalA is an insolvent or bankrupt company as the 2024 cashflow projection by management cannot cover the payment of current lease liabilities and current trade and other payables.
The survival of capitalA depend on
1. Successful implementation of a Revenue Bond program; and
2. Continuous support from Group's lessors

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 Mabel > 1 month ago | Report Abuse

Wah....

80 sen oledi..

Must be Good QR!!!

Posted by Mabel > 1 month ago | Report Abuse

Cum to Air Asia..

Everyone can fly

Today Mabel Singapore Airlines climb 0.81% while Mabel Capital A climbs 0.63%...

PETALING JAYA: Several recent Malaysia Airlines (MAS) flights affected by technical issues have angered passengers and raised calls for clear contingency and emergency plans to be put in place.

https://www.thestar.com.my/news/nation/2024/08/23/have-proper-backup-plan-mas-told?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240823&__sta=vhg.uosvpxQddhqne.jsu0sv%7CIFFUJVQ&__stm_medium=email&__stm_source=smartech

Posted by Mabel > 1 month ago | Report Abuse

Capital A has shown significant improvement in its financial performance, returning to core profitability in the first quarter of 2024 after more than four years of continuous losses. Despite reporting a headline net loss of RM91.55 million for 1QFY2024, the core net profit, excluding one-off items, was RM66.5 million. Bloomberg consensus projects a headline net profit of RM528.4 million for the full year 2024, a positive outlook compared to the RM837 million loss in FY2023.

The airline’s profitability has alleviated some concerns, although its debt remains a significant issue. The company is now generating enough cash to gradually pay down its debt. Analysts like Yin from Maybank IB emphasize the importance of maintaining discipline in capacity management to avoid market saturation and fare cuts. The exit of MYAirline Sdn Bhd has also helped control the market, preventing an oversupply of seats.

Capital A is working towards completing the sale of its aviation assets to AirAsia X by December, which is expected to significantly improve its financial position. The merger of Capital A’s short-haul airlines with AirAsia X is seen as a strategic move to convince shareholders of the company’s long-term viability. Additionally, AirAsia Group has been expanding its network and fleet modestly, focusing on sustainable growth rather than aggressive expansion, which has been well-received by analysts.

https://theedgemalaysia.com/node/722581

Posted by Sslee > 1 month ago | Report Abuse

If the company is now generating enough cash to gradually pay down its debt then why need debt fundraising?

Page 40 of Financial Report 2023: 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)

Posted by Sslee > 1 month ago | Report Abuse

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

So Q1 2024 did the company pay down its borrowing or borrow more money?

Posted by paulthesotong > 1 month ago | Report Abuse

The time has come......
Investors are waiting for the EGM of the merge of Airasia and AAX.!
....

Posted by paulthesotong > 1 month ago | Report Abuse

Brent down 76-79,airfares uptrend,drop in US interest rates n USD, 90% planes loaded, increase capacities, airports crowded,tourists are coming! Wishing Well....

Posted by Mabel > 1 month ago | Report Abuse

Indeed. Cum to Air Asia...We are ready to serve so that Everyone Can fly...

SEPANG: The Malaysia Aviation Group (MAG) will drop some routes served by Malaysia Airlines, Firefly and Amal until December as it looks to address some recent “operational difficulties”.

https://www.thestar.com.my/news/nation/2024/08/25/malaysia-aviation-group-to-reduce-flights-till-december?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240825&__sta=vhg.uosvpxQddhqnejsu0sv%7CIFFYJVQ&__stm_medium=email&__stm_source=smartech

Posted by Mabel > 1 month ago | Report Abuse

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

So Q1 2024 did the company pay down its borrowing or borrow more money?
23/08/2024 11:42 PM

Handsome Sslee..

When Tourist wang to fly, they don't ask this question..

They will ask, Got ticket or not...

Thanks God Airfares is on the uptrends which eventually will answer your question...hihihi

Posted by Sslee > 1 month ago | Report Abuse

Page 40 of Financial Report 2023: 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.

That 3 billion is for capA to survive another year and lives to fight another day.
CapA need to stop the zero fare promotion and seriously increase airfare to make meaningfull profit to pay down its debts.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

CapA will need another RM3 Billion for 2025
thats the consequences of using Reverse Ryanair Yield Control Curve. 🤣

Even Harvey Norman, Popular Book Store, Malaysia Aviation Group, Jaya Grocer, Tesla, Emirates, HP, Adidas, Nike, Apple, Microsoft, Google, Nvidia, Amazon, Lazada, Watson and some say 99Speedmart uses the mandatory Ryanair Yield Control Curve. 😁

Even illegal Bangla supermarkets are savvy smart enough to use Ryanair Yield Control Curve.

Posted by BLee > 1 month ago | Report Abuse

"Sslee > Page 40 of Financial Report...CapA need to stop the zero fare promotion and seriously increase airfare to make meaningfull profit to pay down its debts."

AA (CAP A) without zero fare will be meaningless, full of foolishness or just not meaning(ful) to compete as a budget Airline. Zero Fare Promotion (ZFP) is Not for all seats, non-peak time and with Term and Condition. Pre Pandemic, AA ZFP is doing so well with the tagline 'Everybody can Fly' and I am one of the regular flyers..to South Korea, Japan, Australia and many other places. Recently, I flew to Japan and China with such good promotions; with hardly any empty seats on the flight. Without the ZFP, will there be so many flyers? It is just like 'chicken and egg'; which is which? It is better to sell the empty seats to pay for the incidentals expenses and make profit from the higher cost seats. I also noticed the on-board F&B is also selling well..should make very healthy profit. As I mentioned in one of my posts, the foreign currency debts are killing AA (CAP A). Without debts restructuring, my regular ZFP will go down with the Airline, hopefully NOT...Happy Trading coming week and TradeAtYourOwnRisk

Posted by Balian de Ibelin > 1 month ago | Report Abuse

if you study the Annual Report for 2019.
CapA already failed in 2019
luckily covid came to rescue CapA
otherwise CapA already bungkus delisted by now, 2024.

Years of using the fatal deathly Reverse Ryanair Yield Control Curve ensured that CapA never made any profits from moving people but had to resort to monkey tricks of selling planes.

Posted by abidinaa > 1 month ago |

Post removed.Why?

Posted by Balian de Ibelin > 1 month 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 > 1 month 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 > 1 month 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 > 1 month 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 > 1 month 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 > 1 month 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 > 1 month 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 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Sslee > 1 month ago | Report Abuse

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

Posted by Mabel > 1 month 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 > 1 month 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 > 1 month 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 > 1 month 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 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Sslee > 1 month ago | Report Abuse

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

Posted by Johnchew5 > 1 month ago |

Post removed.Why?