Kelvin Foo's comment on CAPITALA. All Comments
Kelvin Foo
3 Like · Reply
Actually what is the announcement about? I have no idea
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2 years · translate ·
Zach
It is simple. It is just airasia trying to raise its capital to cover its debt or loan. By issuing warrants.
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Eddy Khoo
it also mean you need to prepare some funds to subscribe to it. else your holding would be diluted even if you chose not to subscribe.
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Kelvin Foo
I see, looks like not so good announcement. How come some of them are saying price will going up?
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Zach
Actually is it not really a good or a bad thing. If you think about it travel is down due to mco and the warrant has a 7 years maturity. So it depends on which point of view you are looking it from. After all no one in the world can fully predict whether it goes up or down. You really don’t need to be a rocket scientist to figure out the travel side is having that much business for the past year or two.
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1 Like · 2 years · translate
John Li
it is good announcement , if the fund can make company bigger and expand, and other way round . that is why most of us will apply for it
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Eddy Khoo
majority of the fund raised is to par down debts and for working capital. not for expansion.
3 Like · 2 years · translate
The Happy Lad
hi ahokong, please double check your source, as we all know its to lower the debt of the company.
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Take Profit
lol the ri is to cover the debt not expansion. huge debt not yet settle. after ri this stock will go down to 0.30 - 0.40.
1 Like · 2 years · translate