QUOTE(yhtan @ Nov 21 2014, 05:02 PM)
The way i look at AAX financial statement, the huge problem underlying is the Company is running out of cash because it has been continue huge loses for few quarters
Based on the figures shown, plus the rumours of delaying salary/allowance payment, it does make sense for me
I still don't understand why got people want to catch this knife, it seems they forgot the MAS case or worship Tony?
They only left with 3 options to raise cash level:
1.Right Issue
2.Private Placement
3.Sale and leaseback the plane
Forget about Bond/Sukuk, rating agency will not give them high rating and the interest rate will be much higher based on their condition.
Good analysis there. Couldn't agree more... Based on the figures shown, plus the rumours of delaying salary/allowance payment, it does make sense for me
I still don't understand why got people want to catch this knife, it seems they forgot the MAS case or worship Tony?
They only left with 3 options to raise cash level:
1.Right Issue
2.Private Placement
3.Sale and leaseback the plane
Forget about Bond/Sukuk, rating agency will not give them high rating and the interest rate will be much higher based on their condition.
Nov 21 2014, 08:44 PM

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