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Capital A will injecting airlines business to AAX. So what left to Capital A to generate revenue ? Airlines is the main source of revenue for Capital A… what do you think?
Left hand out right hand in, profit generated from investment in association or subsidiary… not much impact eventually… instead they can put more effort explore in other sector … they aim to diversified their business now
look at capital A super apps, variety of businesses they involved, these businesses are not only in Malaysia but for many country as well.Think of the total population for all these countries, you can roughly calculate the revenue per year. Super apps are just launched for a few years only, think of after several years, the growing will be dramatically unimaginable.
You can read all over the news. Its not confirm but that is the plan for capital A to exit PN17. Tony said it will injecting all airlines business to AAX
You are the one who aims for long-term, based on current situation, I believe there are many investor and trader are using “existing pn17” as catalyst to pump its shares price…
Transferring airline to AAX actually just left hand out right hand in transaction, instead they can put their effort looking at second main operation as their money printing machine…. The FS will only reflect once it transferred, currently just “transferring” and “planning” …. You can’t really predicting future events, you can just calculate the intrinsic value based on current situation and future 1-2 years events whether it worth 0.795 for you to investing right now…
Transferring all aviation to AAX with pay by new AAX share, this no need to worry,the worry me is the debt, transfer here transfer there the debt also waiting the boss (shareholder) to settle.....
