Nope, Cap A 's NTA is negative while AAX is not. Hence AXX 's position is heathier than that of Cap A . As said, Cap A's total Debt is RM 17.8b and NTA is -RM9b
That is why Tony is rushing to get whatever planes available flying again. Whole World Still shortage and facing more flight cancellations. Tony Preparing for year end massive demand and hope to get enough to reduce the massive debts.
This stock is just correcting itself. No future. Sell what you have. Another delay or extension in submission will be a great disaster. Save yourselves
No user.Profits of both AAx and cap A made,would be used to repay huge debts.As said earlier, it takes 10 years or more to repay the huge debts of rm 17.8b of cap A as at to date.
dun worry about it, many people love and enjoy 10 years of suffering.
Posted by joyvest > 11 hours ago | Report Abuse
No user.Profits of both AAx and cap A made,would be used to repay huge debts.As said earlier, it takes 10 years or more to repay the huge debts of rm 17.8b of cap A as at to date.
The regularisation plan of Cap A might have been backfired by the shareholders of AAX who might not approve . There could be delay in submission of RP in view of the disapproval.
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....
GoldenBull66
206 posts
Posted by GoldenBull66 > 2023-06-22 16:30 | Report Abuse
Capital A looking stronger now compare to AAX. Might well be capital A benefitting from the restructuring more than aax