Very likely stony is unable to even get 1 signed report. BURSA will require 2 or 3 signed reports. According to Professor Damodaran, there are more than 500 methods to value a company. I have 1 book together with CD somewhere in my room.
Mentally going through all those 500 methods, stony failed 100% all 500 methods to do it at RM12 Billion.
BURSA favorite is maintainable profits. Even by concession exclude Covid years and take 2017, 2018 and 2019 CapA made losses during those years of 2017, 2018 and 2019. Only got maintainable losses. Stony never made any money moving people so 100% fail.
By Assets 100% Fail, due to all leased planes
By staff 100% fail, will be a very charitable RM100 million for all staff and RM11.9 Billion for stony alone.
By landing rights, its already inside account and 100% fail.
By Trademark Trademark is linked to profits. CapA never had maintainable profits so again 100% fail.
By Revenue. Likely unable to get signed report.
By costs Likely unable to get signed report.
By Trade Routes Its again profitability which CapA does not have. Likely unable to get signed report.
By Tax losses Not enough, due to Malaysian tax law if asset is not operational, Capital allowances cannot claim.
By cost of incorporation Fail
By Patents. Patent is linked to profitability, so fail again.
By Business Development costs Fail
sslee As you can see, many valuation methods are linked to costs and or profitability which CapA does not have since CapA never made any profits moving people.
I believe NOBODY will sign for stony. Unless you get the shitty and smelly 3iii to sign. Question is will BURSA accept shitty and smelly 3iii signature?
The fat lady has another 2 weeks to practice singing my way or highway before curtain down on 7 Oct 2023 for capA.
latest CapA QR shows that any and every additional unit of move people aka Pax, CapA incurs more and more losses. Logic will tell you that as volume increases margin improves, its so weird that its exactly opposite for CapA => Fly More Die More.
best is RM1.6 Billion forex losses 🤣 is CapA gambling in forex market?
sslee based on his loan expansion program, stony will need easily USD50 Billion new money to pay off old money 🤣 Thats why I proposed to Gobermen to sell off Penang State, Kastam, LHDN, Putrajaya and Cyberjaya to stony for RM1.00 deemed already paid So far no news yet. Petronas alone cannot rescue CapA anymore.
I3lurker, Most likely all this while (repeat request for extension of PN17 regularisation plan) is done purposely to get capA delist from Bursa. Stony can then list his Move and ADE in New York for USD 10 billion IPO.
sslee In Japan, interest rates for borrowings are very low but more than 20 line people comb through your cash flows lease rental non-payment growth of RM5 Billion. and more than 20 people, managers manage those line people who do so. no loans for stony.
In Phillipines Interest rates are very high but no one looks at your cash flow lease rental non-payment growth of RM5 Billion. Can get loans, just snap fingers, to fund new money pay old money 🤣
The question why AA Japan JV files for bankruptcy, but Stony bailout PAA JV partner?
Latest QR shows CapA has no money to pay off lease rental of planes. Has to borrow new money another RM130 million but lease rental outstandings grew much faster by RM5 Billion. Meaning ? Fly More Die More not sufficient to pay off plane leasings which continues to grow by more than RM5 Billion. Wonderful rite ? 🤣
Still want to activate more planes? Fly More Die More More Time More Die
Satanic Accuser Johnny been promoting CapA non-stop even though stony never learned how to move people at a profit. Still the same new money pay old money. Borrow more and more money.🤣
Satan is known as "the accuser of the brethren" (Revelation 12:10). He accuses us of our sins before God. Satan doesn't want God to extend grace and forgiveness to us, nor does He want us to receive God's grace. Jesus says of Satan, "He was a murderer from the beginning, and does not stand in the truth, because there is no truth in him. When he lies, he speaks out of his own character, for he is a liar and the father of lies" (John 8:44). We need to be wise to Satan's tactics so we will not succumb to his deception and accept the shame he wants us to bear the weight of.
Satanic Accuser Johny is not insider. He has been churning many stocks and once he left never goes back and share always drop huge percentage after no more churning left ball to kukujiao to right ball and back again in random order
TG gloves all sent to countries where lives are cheap example Somalia and Malaysia
To prevent accidental exposure, some states have enacted bans on latex gloves. For example, California, Arizona, Hawaii, Connecticut, Rhode Island, Ohio, and Oregon have latex glove bans.
Now, Illinois has joined the list with the Public Health (410 ILCS 180/) Latex Glove Ban Act.
"On and after January 1, 2023, a food service establishment may not permit employees to use latex gloves in the preparation and handling of food. If latex gloves must be used in the preparation of food due to a crisis that interrupts a food service establishment's ability to source non-latex gloves, a sign shall be prominently placed at the point of order or point of purchase clearly notifying the public of the temporary change."
Public Health (410 ILCS 180/) Latex Glove Ban Act In addition, the law prohibits the use of latex gloves by healthcare personnel starting January 1, 2024.