Daniel Ng's comment on CAPITALA. All Comments
Daniel Ng
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Looking at the crack spread, the aviation market is not looking good. Despite brent crude dropping to $62, jet fuel prices have seen a steady climb to $98. Bear in mind Capital A's profit target is based on the assumption that jet fuel price is at $90
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Lionel Essi
Bro. No more aviation business. Why you still brought up fuel concern again? Lol good luckiest
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Daniel Ng
Brother, I am still an investor in Capital A Berhad and I hold almost 1 million shares and my concern is definitely valid given that Capital A Berhad shareholders will be entitled to AirAsia X/AirAsia Group shares. Capital A will still hold about 18%+ shares post distribution
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