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Why? Genuinely curious, aviation core net profit is at RM246m excluding forex and one-off expenses pertaining to the disposal. Non-aviation recorded a RM127m net profit. Guidance is pretty rosy as well for FY25 and disposal is expected to happen between April & May, PN17 upliftment between May & June depending on whether Bursa allows Capital A to use Q4 FY24 & Q1 FY25 results.
Daniel. I believe all water fishes initially expect it will green and now disappointed because of red result. Only real investors know capital a cash flow getting improve which is good for pn17 upliftment. Good luck.
Capital a is diversifying its risks to different segment and this is part of restructuring exercise. And I don't think usd will up further since now already considered peak. Let see next Q. Good luck.
