Just a forum.. not writing for a newspaper or what not

hi all sifu ,

newbie here , I am holding some AA shares , but I do not received any email regarding this loan rights.
if I am interested , how do I proceed ?

thanks

so today public holiday for Wilayah means cannot use the rights to purchase stocks? or sell rights?

Bursa is closed.

loan rights trading only at 4.5 sen ....

not looking good.


I guess market not liking the idea of dumping more money in AA....

SUCkeroo company

I agree..

A chunk of money from this fund raising will be used to payoff past gross mismanagement of the company...

But more importantly..the investor will have to ask.. eilliy happen again?

Massive betting on hedging... Will it happen the 3rd time?

The gross greedy management which had plane orders way beyond into the future.... Will it happen again?

I held AA since 2016 and obviously I'm holding at a lost but the divs received from them were good.

I took up the rights and paid 1036 myr to get it through tricor. Pocket change for a gamble.

Paid himself a HUMONGOUS divddend in 2019 too!

Yup... That special priviliged placement.

*made a summary post #19*

2.5 sens now

Mother is 81 sen

Nice if can do RSS...

This post has been edited by Cubalagi: Dec 6 2021, 01:39 PM

RSS is what ah?



Tarak laku lah boss.

If I was a shareholder, my focus is address what did it do to get into this mess? Is there future?

The 2 things... too much debts and reckless, excessive hedging.

The debts. This is caused by its commitment to buy new planes (which is over 100 Billion! Yes, 100 billion) and this I am afraid it's not going anywhere soon and there is not gonna be a solution anytime soon. Air travel might return and improve the next couple of years. I have no doubt over this. But with AA committed to the new planes orders, the debts issue WILL RETURN. I have no doubt about this issue.

Yeah, it can buy new planes, sell the planes to a lessor company and then leaseback. Debts might not grow as big but leasing liabilities will balloon instead .... a never ending cycle which needs to be played almost 100 billion times (if AA sticks to its order committed)

and then... the hedging.... that boss ... die die love to hedge... and hedge in a very aggressive manner ... not good. Don't see it changing, do you?


So.......

hi ,

when you say "you should subscribe to the RCUIDS by 17 Dec" , do you mean "No. of Rights Securities Provisionally Allotted" ?
I notice today in my trading account , there is some unit allocated to my acc under AIRASIA-LR

sorry newbie here

LR you are supposed to sell if you don't want to keep it. Mind you the trading window is very short.

You don't want to trade, you can sub rcuids.

The worst you can do is don't do anything at all

U have to sell the Airasia-LR this week

Or, if you don't sell, you subscribe to the RCUIDS n cough up RM0.75. Best way to subscribe is to register with Tricor and do online subscription.

As the earlier poster said..worse is to do nothing

ok , thanks for the advice.
just open a tricor account yesterday
say I do subscribe , from what I read , it can be converted to mothershare at 1:1 , earliest this conversion can be done ?

thanks

The RCUIDs will be listed on 31st Dec..u can convert anytime after that. U also go to Tricor for conversion, but there are some forms etc to fill.

Oh and u will also get a free warrant for 2 Rcuid subscribed.

at the tricor website , they have "No. of Rights Securities to Subscribe" and No. of Excess Securities to Apply"
which box do I key in the unit to subscribe ?

thanks

This post has been edited by yibaandre: Dec 7 2021, 12:06 PM

Wow..rghts at 1.5 sen now just 2 days on.

A huge volume waiting at half sen.

This post has been edited by Cubalagi: Dec 7 2021, 12:08 PM

buy/sell bids at 1 and 1.5 sen ..... huge gap....

if forced to sell the rights, it's only at 1 sen for now....

won't be surprised to see that bids change to 0.5/1 sen



for me, AA is a goner... it's only a case of when only.
With a plane orders worth 100 billion ringgit (for this issue alone, the management should be held responsbile) , whatever problems they have now, will resurface sooner rather than later.