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Might potentially be DBS bank based on my prompt to ChatGPT
"Based on the news reports and discussions from Fintech News Malaysia and industry chatter on LinkedIn, the undisclosed “very big” regional bank appears to be one of the top-tier institutions known for its digital innovation and active fintech investments. Among the top 10 ASEAN banks, DBS Bank stands out as the region’s largest and most aggressive in driving digital transformation.
Although it isn’t confirmed publicly which bank is behind the deal, DBS’s strong digital banking platform, extensive regional footprint, and past record of fintech partnerships make it a very likely candidate."
Sure... But what's the point? I don't like Elon Musk but I don't invest in TSLA and hound management on leadership. You are better off investing elsewhere if you don't trust management rather than keeping your fingers crossed in hopes the board gets a new CEO which is practically nil, otherwise why would they renew his contact for 5 years? If you want representation, you can voice out and list down your criticisms during the upcoming EGM assuming if you hold any shares
tak boleh jawab still want to ask for new team on repeat without any rationale lol. Honestly, If you dislike management, why even bother investing in this counter in the first place? Just sell and invest in another counter
"Well end of the day....RESULT has higher voice than all the plans they craft and talk" Eh brother, Capital A's non-aviation businesses already profitable if you bother looking at the detailed quarterly earnings, even aviation made a core profit. That's why I want to know why you keep demanding new leadership?
As an investor, you should always keep yourself up to date. Q4 FY24 presentation has outlined their plans along with their profit guidance for FY25, there are several BFM89.9 podcast recently with the CEOs. If you are not willing to do the work, just invest in EPF or ETFs instead
Capital A will need approval from the Thai SEC, approval from the high court for the share capital reduction, hold a general meeting to obtain shareholders approval, complete the private placement once due diligence has been done by the investors.
I am guessing the disposal of Capital A's aviation arm will happen somewhere between April and May this year, PN17 upliftment maybe between May to June this year
I disagree, most of their losses can be attributed to the pandemic. Capital A has to pay for their leases despite having many of their aircrafts grounded, getting 200+ aircrafts that were dormant for a long time to be airworthy isn't cheap, they don't have a choice but to take up expensive debt such as private credit where interest rates can be above 10% because local institutions wouldn't lend them any money. Lastly, getting out of PN17 is a feat of itself
Curious to hear why you think Capital A requires new leadership though
I asked ChatGPT with Search & Reasoning the following question "Do you think retail investors will react negatively to Capital A's Q4 FY24 results?" Below is ChatGPT's response
Retail investor reactions can vary. Some retail investors might initially focus on headline figures—such as the notable forex losses and the large LAT in the aviation segment—and react negatively. These numbers can be unsettling if taken out of context. However, the Q4 results also show strong underlying performance in the non‑aviation businesses, which recorded their most profitable quarter ever, and solid improvements in core aviation performance.
More informed or long‑term focused retail investors are likely to appreciate the turnaround narrative and the robust guidance for FY25. They may see the one-off items as non‑recurring, and instead focus on the company’s strategic repositioning.
In short, while there might be some short‑term negative sentiment from retail investors reacting to the more dramatic headline numbers, overall sentiment is likely to improve as the market digests the full story and sees the potential for a turnaround.