June's comment on CAPITALA. All Comments

June
11 Like · Reply
In 2001, Tony bought over the company with RM1 and carry RM36 million debt.

In 2020, this company have liabilities higher than assets by RM1,840,000,000 (It’s billion)

Is he genuinely growing the company or it is just “illusion”?
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Derrick Kang
earning cant sustain operating cost, selling airplane and declare special dividend, time to take back money d from shareholder
1 Like · 3 years · translate
juz like
current liability exceed current assets. total assets is still exceed total liability.
1 Like · 3 years · translate
CHE YEONG WONG
Where does the high dividend come from?
Like · 3 years · translate
cheng
Good start, June. Probably can refine it further by looking at different categories: (1) profitability (2) liquidity - related to what you mentioned (3) operation efficiencies. It is rare to have an airlines scoring good scores on all three. I don’t have that number of years of data :) The last 5 to 6 years data of stockholder’s equity is still positive though.
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Vespasiam The X
i belive AA will stand tall after Covid.. if not how come my friend in Sabah n Sarawak want to travel to KL and others.. AA will overcome and gov will support...
Like · 3 years · translate
James Ng
If you prefer to look at total asset against total liability, instead of current asset against current liability, then you'd better off selling all your shares now. Why? Because by the time you are considering this factor, the company will already be in the midst of liquidation.
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Michael Lai
maybe he read the rich dad poor dad on how to grow money using debts and it worked
Like · 3 years · translate
Kenapa
James, totally agree with you.
1 Like · 3 years · translate
June
I'm curious how much you all bought AA lol
1 Like · 3 years · translate
Boon Chen Eng
0.75 onboard the flight
Like · 3 years · translate