Ask the high court, not Tony. Currently waiting for the high court to grant approval for share capital reduction, current expected date of approval is likely end of February to March.

Look at his comment history and be the judge yourself, personally I don't believe it. RM4.5 per share post disposal is just not realistic at all at least within the short to medium term. He might be a supplier but that is meaningless when Capital A deals with thousands of suppliers

Fact is Capital A did not release their operational results and that is not a good sign given that they have always release their operational results

I am aware when they release their quarterly results, I am talking about operational results here not the quarterly earnings, they tend to release it a month before the release of their quarterly earnings

I am still a shareholder, but why they choose not to release their operational results then?

Gut feeling tells me that upcoming quarterly results will be disappointing, the fact that they did not release their operational results until now is unusual

There were plenty of opportunities to make money in this counter if you paid attention, the RCUIDS was trading below the ordinary shares giving an arbitrage opportunity back in early 2022, not only it is an arbitrage, the icing on the cake is that you will be entitled to 8% interest versus leaving your money sitting in CAPITALA ordinary shares. In mid 2024, there were strong signs that Capital A came up with a plan for PN17 if you follow Tony's LinkedIn & Instagram closely. I basically sold all of my RCUIDS and bought back CAPITALA which net me about 100k+ more shares than I would have if I just kept my RCUIDS, there was a RM0.1 difference between CAPITALA and the RCUIDS during the middle of the year which I took advantage of.

Anyway aside from that, we are at the last stretch and we have already passed the major hurdles, getting out of PN17 isn't something that is done overnight and management has clearly outlined the steps and timeline taken to get out of PN17. It is just a matter of when and not how

That's a good thing isn't it? There is plenty of upside and room to grow

Told you guys :) wasn't a shocker

Q3 Green = 3 Q3 Red = 1

Because I follow Capital A and its subsidiaries more closely than you, it is already hinted in this webinar by Tony that there will be a massive unrealised forex gains for Q3, I will link it to you

https://www.youtube.com/watch?v=u3kyP5mp3R8

If you are going to bring up AA Indonesia, then it is only fair if you bring up AA Thailand which they have generated a net profit of 3.446b baht. I don't deny that Q3 is traditionally a slower quarter for AA but the huge unrealised forex gains is too big to disregard