KLSE (MYR): AAX (5238)
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Last Price
1.86
Today's Change
-0.11 (5.58%)
Day's Change
1.85 - 1.96
Trading Volume
6,720,400
Thank you Short Peni$ uncles for pressing the price today. Thank you. Thank you. How do guys sleep at night without the pleasure of having good long $ex?
1 week ago
Stock: [AAX]: AIRASIA X BERHAD
Last Price Today's Change
1.60 -0.08 (4.76%)
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Aduhhai
1 week ago
imminent PN17 and bankruptcy then delisting of AAX causing share price to drop 😁
1 week ago
seriously if i look good at this proposal, i will throw capitala and buy AAX instead as the brand is on the airlines.......
6 days ago
Stony must be a very sweet talker and can get a sucker billis to pay RM 6.68 billion for AAAGL and AAB and overall pro forma of RM18 billion when the transfer of accumulated losses in the aviation business to AAX
Are BOD of AAX under duress and coercion to pay so much for parts of CapA when Mr.Maket only value the whole of capitalA at RM 3,919 million?
CAPITAL A BERHAD MAIN : Consumer
Last Price Today's Change Day's Range Trading Volume
0.91 +0.025 (2.82%) 0.89 - 0.92 15,726,500
Market Cap: 3,919 Million
NOSH: 4,307 Million
The proposed RM6.68 billion disposal of AirAsia Bhd and AirAsia Aviation Group Ltd to AAX will lead to a pro forma gain of over RM18 billion when the transfer of accumulated losses in the aviation business is included, according to Capital A.
5 days ago
Brent below 72, weak Usd, higher Asean Currencies,Season travels, increase capacities, packed airports, no shortage of pilots and crews.
5 days ago
https://klse.i3investor.com/blogs/Sslee_blog/2024-09-29-story-h470136116-CapitalA_and_AAX_EGM_questions.jsp
CapitalA and AAX EGM questions
Author: Sslee | Publish date: Sun, 29 Sep 2024, 10:20 PM
2 days ago
@SSLee did you read through the circular to understand how AAX manage the shareholder equity to be positive after post merger ?
2 days ago
Don't just simply pull number from other stocks to compare and explain the equisition. This means that you not even know what you were doing.
Understand what action was taken by the management and how it strengthen the shareholder equity by using the simple formula above.
2 days ago
Don't just keep on looking at past number. Stock is about the future. Look at the action taken and how it impact the financial statement in the future.
2 days ago
@SSLee
Study Cap A financial statement. Look at how operating lease and right of use asset affected by weakening of US Dollar and how much the translation gain will impact the shareholder equity
2 days ago
If you understand all this. You will understand why Tony F turn more optimistic now.
I have high respect to Tony F. He is a very capable guy that looks further into the future with visions and able to execute it.
Not many management in Bursa has this kind of capability.
2 days ago
@SSLee
Give you hint. If couldn't figure out. Hopeless already.
Shareholder equity = Total Asset - Total Liability
If only adding asset without adding liability , what will happen to the shareholder equity ?
Look at the circular , you will find the answer.
2 days ago
With billions in goodwill, deferred tax and intangible assets in non-current assets.
Posted by TradingFUN > Sep 30, 2024 12:16 AM | Report Abuse
@SSLee did you read through the circular to understand how AAX manage the shareholder equity to be positive after post merger ?
2 days ago
7.6.4 Goodwill and impairment risk
“The Proposed Acquisitions are expected to give rise to goodwill to be recognised, the amount of which will depend on the fair value of the Target Companies’ identifiable assets acquired (including any intangible assets identified) and liabilities assumed upon completion of the Proposed Acquisitions.
The identifiable assets and liabilities of the Target Companies will initially be recorded in the New Aviation Group’s books at their provisional fair values as at the acquisition date pending the conclusion of a purchase price allocation exercise in accordance with Malaysian Financial Reporting Standards 3 Business Combinations. Although a preliminary assessment has been conducted, the final outcome of the purchase price allocation exercise cannot be ascertained at this juncture. Any fair value adjustment to the identifiable assets and liabilities arising there from may affect the goodwill and financial position of the New Aviation Group. In addition, any impairment on the carrying amount of the investments in the Target Companies (including any goodwill and intangible assets arising from the Proposed Acquisitions) and amortisation of
any intangible assets identified from the Proposed Acquisitions may affect the financial performance and financial position of the New Aviation Group.
For illustrative purposes, as set out in the pro forma consolidated statement of financial position
of our Group as at 31 December 2023 in Appendix VIII of this Circular, the goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively, based on the assumptions and parameters stated therein.
2 days ago
Add in addition 2 questions:
Projection risk
“The AAAGL Purchase Consideration and AAB Purchase Consideration were arrived at after taking into consideration, amongst others, the range of valuation for the entire equity interests in the Target Companies based on the valuation undertaken by Deloitte. In arriving at the valuation of the Target Companies, the Valuer has considered a number of valuation approaches and adopted the DCF method of valuation as the primary method for the valuation of the AOCs, namely AAB, TAA, PAA and IAA using the 5-year financial projections of the said AOCs from 1 January 2024 to 31 December 2028 together with the underlying bases and assumptions.
Question 15: Deloitte, what are the projected: Net cash generated from operating activities, repayment of borrowings, debentures and lease liabilities for each of the 5-year financial projection of the said AOCs from 1 January 2024 to 31 December 2028?
Question 16: BOD since the valuation is based on 5-year financial projection and to eliminate the projection risk should BOD get a 5 years contractual guarantee that capitalA will reimburse AAX on any shortfall to the projection?
2 days ago
The problem with flying, if they know the world is coming to an end soon, they will scramble to fly now
2 days ago
“Question 16: BOD…BOD get a 5 years contractual guarantee that capitalA will reimburse AAX on any shortfall to the projection?”
I am confused, is CapA and AAX relationship “Abang Adik or Suami Isteri”? If “Suami Isteri” relationship, there is no problem with giving even a 10 year guarantee…cos sharing the same closet of ‘hidden skeleton’.
Just came back from HK using AA (Move Promotion flight); both in and out landing perfectly except minor turbulence. The jerk during the taxiing at KLIA is worse than the turbulence during flights; hopefully the exit from PN17 is not as bad…Happy Trading and TradeAtYourOwnRisk
2 days ago
Following AAX is to acquire Cap A , so who is the bigger winner here ?? AAX or Cap A?? Any one??
1 day ago
AAX seems to be in the upper hand .Huge debts are inevitable . But whose accumulated losses can be reduced faster and substantially ??
1 day ago
Tge appreciation of RINGGIT will very sure benefit AAX for the next few quarters report
1 day ago
if you think you can fly , you can fly ..... basically it's all in your fantasy.....
21 hours ago
jjohnchew
and do compared with AAX ...
1 week ago