Exactly!

Fundamentals at this point is most crucial because the loan rights c/w warrants happened because it's a billion dollar fundraiser attempt to rescue AA.

The last reporter QR...



yaa..... we can see clearly the superapp/digital/big pay are all losing money.... and yea... part of the money raised from the loans stock issue will be dumped into the digital business...   

The debts AA is carrying...



The lease burden ... 13.9 billion!!



The new planes on back order.... 97 billion!!



( all of which I would argue that is all AA own gross mismanagement!! )
and this is where the money of the 1 billion loan stock issue will go to... (500 million goes for working expenses    )


how? Can AA survive based on these numbers??

Yes, Ah Boon. from the technical data and current prospect, this stock can keep in cold storage, no eye see.
Previous post, got member support AirAsia merely because keep faith in Mr Tony (some said he is sifu in pursuing people/ manipulate the biz).
So my point is for this counter, we can only depend on how Tony and the team see the risk/ problem and turn into opportunity.
Plz keep posting latest news about Tony and the team action plan and strategy. May be he still got Cable besar with current PM.

scary……

Maybe underwriters unloading?

Strange thing is that the stock has a -0.81 NTA (based on latest quarter)...today is traded at 0.81!!!

Nah...

https://www.thestar.com.my/business/busines...39s-pn17-appeal

Bursa so bad ah? Got give or no give chansi?

Already give chance since July 2020.

N PN17 not the end of the world yet...

anyway the stock has bounced from the worst

What happened to air Asia creditors will likely happen to shareholders. No prize given who will be the winner at the end.

I always wonder that this company, annual report always show negative figures, but people still supporting it. Now it just went from bad to worse..even during precovid the statements alrdy showing negative figures

This is why you have to discard all emotions and opinions and read the report as it is.

No love/hate or fansi stuff.
And discard all hero worship nonsense.

Read the numbers as it is.

The house of card was there for all to see......

This is why you have to discard all emotions and opinions and read the report as it is.

No love/hate or fansi stuff.
And discard all hero worship nonsense.

Read the numbers as it is.

The house of card was there for all to see......

Even now.... what's the future hurdles?

1. The lease liabilities, which runs over 10 billion currently.
2. The insane commitment to buy 100 billion worth of airplanes.
3. The depreciation of leased assets. Yup. It's leased planes has a age factor.
4. Can the shareholder trust the boss not to simply bet on its hedges?
Last but not least covid wasn't the reason why the company is in such a hold. COVID only exposed its failings.