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2014-05-14 00:24 | Report Abuse
PT Garuda Indonesia Persero
INDONESIA’S state-owned carrier Garuda Airlines decided to restructure in 2005 after the airline continued to bleed and needed more money to stay afloat.
After five years, the restructuring was completed in December 2010. Debt was brought from US$866mil to US$477mil and the airline was downsized with fewer number of employees. The support services for the airlines such as the maintenance, repair and operations were broken into stand-alone business units with their own balance sheet. This left the airline with only 5,000 employees operating the core business.
The restructuring paved the way for the listing of Garuda in February 2011. Net incomeFY13 is USD111 Million
Swissair Group
DUBBED as the “flying bank” because of its financial stability in the 1980s, this Pegasus of the European aviation industry went belly up in October 2001.
The slide began when it adopted the expansive “hunter strategy” in late 1990s and it was compounded with economic downturn due Sept 11, 2001 attacks against the United States.
Under hunter strategy, Swissair, which main routes were to the United States, planned to grow its market share through the acquisition of small airlines instead of alliance agreements.
The buying spree created a major cashflow crisis for Swissair’s parent company then – SAirGroup.
Swissair’s assets dramatically lost its value, grounding the already-troubled airline in October 2001 and its debt ballooned to 17 billion Swiss francs.
Swissair stopped flying in October 2001 as it ran out of cash and fuel supply.
Airports demanded prompt payment of landing fees.
According to reports, there were three possibilities to salvage this airline– stay independent as a niche carrier, shrink to an unrecognisable level, or attach onto another airline group.
Swissair resorted to the last option and started talking to Air France-KLM, British Airways, and Lufthansa.
In April 2002, a new airline was born, named Swiss International Air Lines taking over most of the routes, planes and staff of the former Swissair.
Air New Zealand
AIR New Zealand was privatised in 1989 but got itself into financial trouble in early 2000.
The airline’s troubles stemmed from its purchase of 50% Ansett Airlines in 1995.
Owned 50% by TNT and 50% by News Ltd, Ansett held close to half of the large Australian domestic market but had been on the downtrend.
Ansett and Air New Zealand became full Star Alliance members in 1999. That year also marked the start of a long and confusing battle over ownership of Ansett.
Ansett remained profitable but was having increasing difficulty in finding a way to rationalise its cost structure and badly needed a capital injection to replace its ageing fleet.
This prompted the Australian Civil Aviation Safety Authority to ground seven Ansett’s aircraft in late 2000.
Last year, Air New Zealand has more than doubled its profit for the 2013 financial year with the company’s best result in five years placing it among the best performing airlines globally.
It has announced earnings before tax of US$256mil for the 2013 financial year, an increase of 172% over 2012.
Net profit was at US$182mil, which is US$111mill or 156% up on the previous year.
Qantas Airlines
one of the oldest carriers in the world, announced a painful cost-cutting program, highlighting the pressure of intensifying competition as airlines reach for shares of the growing Asian air travel market.
The Australian carrier is cutting 5,000 jobs, or 15 percent of its work force, selling older aircraft and postponing purchases of new ones. Investment plans have been cut and a wage freeze is in place. The goal is to cut costs by 2 billion Australian dollars, or $1.8 billion, over the next three years.
The changes announced are the most radical in the airline’s history and follow four years of cost-cutting and repositioning efforts that also included a partnership with Emirates of Dubai aimed at propping up its international operations.
Those efforts have not been enough, however, Qantas reported a net loss of 235 million Australian dollars for the second half of 2013.
Quantas Chief still said the performance was “unacceptable” and “unsustainable.”
2014-05-14 00:23 | Report Abuse
MAS needs a major shake-ups .
Many of the Group's in MAS business units are profitable and performing well. If they were to be listed as standalone companies this can unlock significant value for the shareholders.
Just take a look at Singapore Airlines (SIA) which have performed the strategy of breaking the group into separate standalone public listed companies with great success.
Many of SIA business units became separate standalone public listed companies, including SingaporeAirlines Engineering, SingaporeAir Lease and Singapore Airport Terminal Services.
Major Airlines on recovery route.
American Airlines
ON Nov 29, 2011, AMR Corp, the parent company of American Airlines and American Eagle, and certain of its US-based subsidiaries, filed voluntary petitions for bankruptcy protection.
American Airlines also took the rare move of negotiating with the unions before completing the merger. This allowed for collective bargaining agreement in the new company, and thus labour disputes would not be an issue in derailing the merger process.
AMR and US Airways Group completed the merger on Dec 9, 2013, with the new holding company American Airlines Group, Inc being listed on NASDAQ that day.
Japan Airlines
IN 2009, Japan Airlines (JAL) was on the verge of collapse under the weight of its US$26bil (RM83.2bil) debt, bloated workforce and redundant route network.
Its state-led turnaround story has been controversial, as it was one of Japan’s largest bankruptcies, and less than three years later was seeking for a relisting with a US$8.5bil (RM27.2bil) initial public offering (IPO). This was the second largest offering after Facebook’s US$16bil IPO in 2012.
In September 2009, Japan’s Ministry of Land, Infrastructure, Transport and Tourism formed a task force aimed at aiding a corporate turnaround at JAL.
For the next two years, it underwent a restructuring exercise which saw the company turn around and receive a capital injection of a 300 billion yen (US$2.95bil) credit line from the government. As a result of this, it slashed its workforce by a third, relieving some 15,000 employees from its 47,000 workforce. It slashed pension payouts and disposed of some 60 aircraft and 45 routes.
Some 500 billion yen worth of debt were forgiven. Overnight, the company transformed from lost cause to a market leader.
Net income for FY13 is USD171 Million.
2014-05-14 00:21 | Report Abuse
BRAHIMS Looking forward:
-9 Premium Restaurants in KLIA 2.
-Completion of its refinery sugar business end FY/15
-ANA catering JV with Tokyo Haneda and Narita Airport- to “halal-lise” ANA’s kitchen.
-substantial interest cost savings and enable the group to maintain its crucial syariah compliant status.
-Meanwhile, management guided that it still intends to undertake the issuance of Sukuk,
once market conditions are more conducive .The Sukuk issuance, if undertaken, will lead to further finance cost savings.
-the recently announced acquisition of PT Cardig Aero Services a food solutions and gateway services provider in Indonesia
–by SATS at 20x trailing FY13 P/E, to act as a benchmark valuation for the industry.
Note that Brahim’s is currently trading at only 20.4x trailing FY13 P/E, a shade cheaper despite its rosy longer term outlook.
currently the P/E ratio is 12.5
-Finalization of its JV agreement with DHYAFAT
-Brahim’s is planning to open 200 mobile carts in LRT stations.
-Logistic division continued to be profitable FY/14
This stock was shaken rudely twice for the past 2 years. The first was when LSG Asia did not honor the date of signing the sale of agreement of 49% to BRAHIMS in 2012.
The second shocked: BRAHIMS was jolted when rumors were rift that MAS was going to review BRAHIMS contract at the end of 2012. It did not materialize.
Could this be the third hiccup?
Like i said before, i have seen the worst of this stock and you need to have patience and perseverance.
I have been following this stock for 3 years. I really do lots of homework and research before i take the plunge as It's my hard earned money invested .
Hang there if you have faith, BRAHIMS will be back with a vengeance.
JUST njoy the IMBROGLIO of MAS and we will wait for the LIGHT.
Fingers Crossed.
No Pain No GAIN!
2014-05-14 00:21 | Report Abuse
BRAHIMS don't pluck the deal with MAS from the tree:
Here is a very plain and simple explanation how BRAHIMS acquired the F & B from MAS:
Initially it was how these Shrewd Conspirators work,
Tan Sri Md Nor Md Yusof (the architect of WAU), YB Tan Sri Mohamad Nor Yacob (the then Minister of Finance II, who was in charged of Khazanah under Badawi’s administration), Tan Sri Azman Mokhtar and the whizz kid En Mohammed Rashdan Yusof, the then consultants from BinaFikir Sdn Bhd) SOLD 70% share of MAS Catering Sdn Bhd (MCSB) to Gubahan Saujana Sdn Bhd (GUBAHAN).
GUBAHAN was incorporated on 18-06-2002. It is an investment holding company with no experience in airline catering services at the material time. GUBAHAN bought 70% of MCSB with a back to back exclusive agreement whereby MAS shall exclusively purchase all food supplies, beverages and all cabin related services for 25 years until 2028!
MAS entered into a lopsided catering contract with the then MAS Catering, which is now known as LSG Skychef Brahim’s, for 25 years with a total value of RM6.25 billion. It cost MAS RM250 million a year.MAS sold 70% of its equity in MAS Catering to Gubahan Saujana Sdn Bhd, which was controlled by Datuk Ibrahim bin Hj Ahmad Badawi.
GUBAHAN sold 49% of the 70% share in MCSB to LSG Asia GMBH, a company specialises in catering services for airlines which is related to LSG Skychef, a subsidiary of Lufthansa in Germany.
GUBAHAN sold the said 51% of its 70% share in MCSB for RM130 million to Tamadam Bonded Warehouse Bhd (TAMADAM) by way of issuance of new share. Tamadam is known as BRAHIMS today.
Now, Brahims has acquired LSG Asia's 49 per cent stake in BLSG for RM130 million at the last quarter of 2012.
With this acquisition, Brahim’s and its partner Malaysia Airlines have fully Malaysianised the operating of the world’s largest halal flight kitchen. This is in line with the national aspiration of positioning the aviation food services sector as a wholly Malaysian-owned business.
Take note: In 2003 MAS Catering, had incurred losses to the tune of about RM200 million from the business with negative shareholders' funds of about RM80 million. Strange? isn't it?
The stake was acquired by Brahim's-LSG Sky Chefs Holdings Sdn Bhd (BLSG), in which Brahim's owns 51 per cent while LSG Asia GmbH, the catering arm of Lufthansa AG, with 49 per cent.
Besides taking over the accumulated losses, BRAHIMS paid RM175 million upfront to take over the business. It was a rescue operation.
Recall this:
The government (at that time) under Tun Dr Mahathir Mohamad's administration had proposed that MAS stick to its core business of operating an airline and hive off the loss-making catering business.
Brahim's, manufacturer of famous household brand, Brahims, came in with a proposal and landed the deal to acquire 70 per cent of MAS Catering, now known as LSG Sky Chef-Brahim's Sdn Bhd (LSGB), from MAS in 2003.
About LSG Sky Chefs:
LSG Sky Chefs group is the global leader in airline catering and the management of all in-flight service related processes.
LSG Sky Chefs delivers 532 million meals a year, primarily for more than 300 airlines at 213 airports in 54 countries. In 2013, the companies belonging to LSG Sky Chefs Group achieved consolidated revenues of € 2.5 billion.
About BRAHIMS:
BRAHIMS, The group produces over 45,000 airline meals daily and operates 12 restaurants at the Kuala Lumpur International Airport, Penang International Airport and in the capital city. Together with its related companies in the Brahim's Dewina Group, the enlarged Group provides over 92,000 meals daily from 65 catering centers in Malaysia and Jordan, making it one of Malaysia's largest Halal food operator.
Imagine 45,000 meals daily. If we were to assume for a moment that the profit margin for each meal was RM3-00 per meal, BRAHIMS would have made a profit of RM135,000 daily on just the supply of meals alone. A monthly profit of RM4.05 million a month using 30 days as an average for easy calculation. RM48.6 million profit a year!!!
RM3 margin is my very conservative calculation and what about Beverages and other catering related services???
Now we know there's alot of MONEY here and how MAS Catering can managed to a loss is just MIND BOGGLING!!!
2014-05-14 00:18 | Report Abuse
MAS business units are segregated into two groups namely airline and non-airline related.
The parent airline, MASKargo and FlyFirefly make up the airlines related business, while the non-airline business segment includes its airport terminal services unit and MAS Engineering.
In addition, MAS also has non-controlling stakes in Brahim's Holdings (30%) and Kuala Lumpur Aviation Fuel Services (15%), a subsidiary of Petronas Dagangan Bhd.
If MAS go private ,Firefly, MAS Engineering and MAS Airport Terminal Services will be listed individually,
and MAS stockholdings in Brahim's and KL Aviation Fuel Services might be sold.
So MAS going private is imminent now as they have no option.
MAS has a 30% non controlling stakes in BRAHIMS so MAS is not going to kill the goose that lay the golden eggs.
BRAHIMS needs MAS and MAS needs BRAHIMS.
So there might be One way out, that is to collapse the structure to re-negotiate new contracts for suppliers, employees and everything else.
YES!, This is the UNCERTAINTIES that investors dread to think of, and i strongly believe that's the reason of the recent sell down.
Whatever the outcome (it might be the end of the month) BRAHIMS will be insulated from a great pain.
MAS needs BRAHIMS as this is the only fully Malaysianised operating the world’s largest halal flight kitchen where MAS has a non controlling stake . No HALAL caterer can do better than what is BRAHIMS doing now.They are the specialist and it's a fact that we cannot deny.
Before i go deeper do you know that MAS Catering was running losses to the tune of about RM200 million in 2003 from the business with negative shareholders' funds .BRAHIMS paid 175 Millions to take over the business. Well, no one could have believe that! MAS Catering needs a RESCUER!
It's a fact that MAS was RIPPED from the BOTTOM to the TOP!
Now, go on reading.......
2014-05-09 15:34 | Report Abuse
Just Buy!
Something is cooking!
2014-05-09 15:29 | Report Abuse
Get ready!
Buy now n you will all be rewarded next week!
2014-05-02 09:52 | Report Abuse
The day the Penny stocks BURST and investors CRINGE with fears.
Alas, we only have short memory, the temptation of greed exceeds the fear.
We tend to give excuses and soothe our souls with comfortable words that everything would be all right.
Hope against hope and the Revenging and Denial syndrome of the investors too often will fall into the trap.
They have already loved and lost, so putting a stop in would force them to think about that loss;
and it hurts so much to think about that.
By avoiding the issue of STOPS, they avoid the issue of LOSS, until they are swamped by it till a point of No Return!
The Denial syndrome refuse even to consider the possibility that their trade might have gone awry, that the market might move against them. Unbridled Optimism might be fine in certain situations , but given the harsh realities of the investment world,
It is an Unrealistic Attitude!
I am out rightly against any form of leveraging and desists from any unfounded speculation.
Lessons learnt from CROOKS:
It's A Monday(28/4/2014), four penny stocks, namely Visdynamics Holdings Bhd, MNC Wireless Bhd, Solution Engineering Holdings Bhd and Industronics Bhd, hit limit down almost simultaneously in the afternoon session, drawing queries from Bursa Malaysia.
According to a dealer, the four companies each had a block of shares that had been rolled over a few times.
“There was no real money coming in to pick up the blocks. The bubble finally burst after one stockbroking house out of several, stopped the line of credit,” said the dealer.
At the close , Visdynamics and Industronics remained in the red finishing 41.49% and 15.58% lower respectively while MNC and Solution Engineering recovered some earlier losses, ending the day 16.67% and 7.69% higher respectively.
Industronics in its reply to Bursa Malaysia on its unusual market activity (UMA) said it was currently exploring a proposal which involved an internal reorganisation of the group while MNC said it was not aware of any explanation for its UMA.
As far as links between the firms go, Solution Engineering is 10.8% owned by Industronics, an electronics company which has Danish national Christian Kwok-Leun Yau Heilesen as its chairman.
Interestingly, Kwok is being bandied around as being the common person involved in all four stocks.
The 30-year-old Kwok, however, said he had divested all his investments in Malaysia several months ago.
“I have not been to Malaysia for several months now ... I sold all my investments several months ago to investors from Macau,” Kwok told StarBiz when contacted.
Kwok, together with Raymond Yip Wai Man, used to own about 15% in DVM Technology Bhd and he also held a stake in Industronics, which he has since divested.
He is no stranger to market controversy.
In 2011, Kwok, who is based in Hong Kong together with Yip, bought into DVM after which they requisitioned an EGM to remove several directors from the company.
2014-05-02 00:01 | Report Abuse
The day the Penny stocks BURST and investors CRINGE with fears.
Alas, we only have short memory, the temptation of greed exceeds the fear.
We tend to give excuses and soothe our souls with comfortable words that everything would be all right.
Hope against hope and the Revenging and Denial syndrome of the investors too often will fall into the trap.
They have already loved and lost, so putting a stop in would force them to think about that loss;
and it hurts so much to think about that.
By avoiding the issue of STOPS, they avoid the issue of LOSS, until they are swamped by it till a point of No Return!
The Denial syndrome refuse even to consider the possibility that their trade might have gone awry, that the market might move against them. Unbridled Optimism might be fine in certain situations , but given the harsh realities of the investment world,
It is an Unrealistic Attitude!
I am out rightly against any form of leveraging and desists from any unfounded speculation.
Lessons learnt from CROOKS:
It's A Monday(28/4/2014), four penny stocks, namely Visdynamics Holdings Bhd, MNC Wireless Bhd, Solution Engineering Holdings Bhd and Industronics Bhd, hit limit down almost simultaneously in the afternoon session, drawing queries from Bursa Malaysia.
According to a dealer, the four companies each had a block of shares that had been rolled over a few times.
“There was no real money coming in to pick up the blocks. The bubble finally burst after one stockbroking house out of several, stopped the line of credit,” said the dealer.
At the close , Visdynamics and Industronics remained in the red finishing 41.49% and 15.58% lower respectively while MNC and Solution Engineering recovered some earlier losses, ending the day 16.67% and 7.69% higher respectively.
Industronics in its reply to Bursa Malaysia on its unusual market activity (UMA) said it was currently exploring a proposal which involved an internal reorganisation of the group while MNC said it was not aware of any explanation for its UMA.
As far as links between the firms go, Solution Engineering is 10.8% owned by Industronics, an electronics company which has Danish national Christian Kwok-Leun Yau Heilesen as its chairman.
Interestingly, Kwok is being bandied around as being the common person involved in all four stocks.
The 30-year-old Kwok, however, said he had divested all his investments in Malaysia several months ago.
“I have not been to Malaysia for several months now ... I sold all my investments several months ago to investors from Macau,” Kwok told StarBiz when contacted.
Kwok, together with Raymond Yip Wai Man, used to own about 15% in DVM Technology Bhd and he also held a stake in Industronics, which he has since divested.
He is no stranger to market controversy.
In 2011, Kwok, who is based in Hong Kong together with Yip, bought into DVM after which they requisitioned an EGM to remove several directors from the company.
2014-04-29 00:22 | Report Abuse
Another day to May.
Come what May, ignore the adage 'Sell in May and Go Away'
Market timing does not work here, at least for BRAHIMS not using 'Sell in May and Go Away'. It's A Myths and Legends!
As with most market-timing strategies, a little bit of analysis often reveals the DEVIL in the details.
So my take : Hold your Breath, A slew of good News are about to flow.
All comes with Substance and Fundamentals that exceed The Hype!
DON’T WAIT TO BUY BRAHIMS just because you want to get a few cents cheaper,
BUY BRAHIMS AND WAIT!
Again and Again let me remind All BRAHIMS Investors:
It sounds like a broken record BUT this is MY MANTRA.
Persistence Patience and Self Perseverance are the discipline to make you WIN substantially
BECAUSE
BRAHIMS take the stairs and not the Elevator!
Last but not least and this is something for you to ponder.
BRAHIM'S Food for thought:
Don't wait to Buy, Buy and Wait!
Buy when BRAHIMS and the Timing are less excited and be VIGILANT when everyone gets excited!
2014-04-21 00:39 | Report Abuse
I am offering a very brief of my humble opinion to those BRAHIMS and BRAHIMS to be investors some sensible and no-nonsense advice.
BRAHIMS is a SMALL CAP which is Beautiful both inside and out!.Lots of Ooomph!!!
It is going to be one of the least contentious issues in investment. When buying this stock, your chance of a good long-run returns is high. The notion of owning this stock is, it's a fast-growing company that are dominating niches and plowing earnings back into the company as the share price rises takes on a certain appeal. I applaud this notion, within reason, especially when it's supported by sound and strong fundamentals. Let me reiterate, When you have the unprecedented buying opportunity, pursue it and don't let it slip again! Chances is, opportunity doesn't knocks twice on your door.
This stock can be extraordinarily rewarding to those with having discipline means separating the trend from the NOISE and positioning yourself accordingly.BRAHIMS does not have the DSONIC dna, so don't expect the roller coaster ride.It won't rise sharply nor sink to the abyss irrationally for reasons unknown. Don't you know that when a stock starts to have an erratic and irrational movement, it is very unhealthy!
Like i always said: It takes a little of your patience investing this stock and you will reap what you sow.
I have seen the Thick and Thin of this stock. Have Faith.
It will rise slowly and steadily. The day will come and you'll be Laughing all your way to the bank.You can Beg,Chant,Shout and Scream to your heart contents with all the capital letters and exclamation marks for the stock to 'fly'. Let me remind you, if you get over excited you'll definitely be disappointed. BRAHIMS don't FLY, it Ascends and Gracefully Glides up.
Hold on tightly to your stock and you'll WIN and get the last laugh!
If you have already make up your mind stick to your GUNS and don't let the noises rattle you.Just a friendly reminder to all our investors out there , Avoid the Greed!
Resist the temptation to follow everyone into a sizzler. Zag when others are zigging!
Happy Trading!
Cheers!
2014-04-18 00:28 | Report Abuse
Woke up with a Heart Shattering News. The TRUE ,Very much Respected and Great Sons of Malaysia has left us for good.
-An Indefatigable Fighter of Justice till the very END-
Karpal Singh keeps his word till the last Breath. "SINGH IS KING"!
Our collective hearts are heavy with sympathy to "The Tiger of Jelutong".
May you Rest in Eternal Peace .
The Stage is set, No more delays-- Flight operations at Malaysia’s first hybrid airport set to begin with five airlines
MAHB has confirmed that the KLIA2 will begin its commercial flight operations on May 2, as scheduled, with five airlines namely Malindo Air, Lion Air, Cebu Pacific Air, Tiger Airways and Tiger Mandala.
Within a week after the May 2 opening, the airlines that are operating from the LCCT now will start their operations at KLIA2, including AirAsia.
UNFORTUNATELY, the spat between MAHB and AA continue:
AirAsia Group, the main tenant of the new hybrid airport KLIA2, has yet to sign a tenancy agreement with MAHB despite the scheduled opening of the new mega airport in less than two weeks.
The airline group, which includes AirAsia Bhd and AirAsia X Bhd, and MAHB are still haggling over the specifics of the new tenancy agreement.
The negotiations between MAHB and AirAsia have turned from merely negotiations to disputes now.
The shenanigans played by AA is another
form of ransoms against MAHB .
Let's enjoy the Charade!
2014-04-17 00:42 | Report Abuse
Thanks, HC Lee,Bro Jawahar, Tina, UP......., fortunebullz and Tornado,
same to all of you and ALL the investors of BRAHIMS will ALL Huat!!!
It's just lucky that some of you investors out there still got the chance to buy at the price right now.
When MH370 went missing after 2 weeks BRAHIMS was still hovering between RM2.50 to RM2.60 before drifting below RM2.30 all
BECAUSE of the INCOMPETENCY and MEDIOCRITY of the current regime in handling the missing MH370.Criticizing MY country when it is necessary is also a form of tough love versus the 'Blind Love' for the country. Our approach may be different but i want the best for my nation, and being led by a bunch of ignorant, lazy, incompetent and racist bigots in Government is certainly not the way forward.
This is not the first time mysteries have gone unanswered.
The air farce brings disaster to our country. We are degressing and descending. Descending from Bolehland to Bodohland!The response to the crisis mirrors the way Malaysia is run.Like many of us, I scrutinise every scrap of information relating to Flight 370. As Malaysia navigates this tragedy in the glare of the world’s gaze, I am gripped by the story, not only because hundreds of lives are involved, but because of what its outcome will mean to perceptions of Malaysia. I opine that the faults are not with the technologies or the aviation industry; neither are the faults with other airlines that code-shared with MAS or their governments. Enough said. The lesser i said the better.
OK, back to BRAHIMS, I have 3 accounts holding BRAHIMS shares. One of my main account placed me in the top 15 shareholders list. If i'll to combine the 3 accounts i might be in the top ten list . I would have sold and make lots and lots of money between RM2.60 to RM2.70. There were lots of opportunities for me to unload. I choose not to as i believe BRAHIMS is worth more than that and that's the reason i have not even a single fragment of regret. For those who have bought , HOLD on as TIGHTLY as possible!
BRAHIMS will be back with a vengeance. The Golden Rule: Be Patience as this stock is ONLY for those Genuine Investors ONLY.
If you ask me whether this stock is going to rise above RM2.70. My answer is UNEQUIVOCALLY , YES!!! RM3 and BEYOND............Sharing is CARING.
Cheers to all!
2014-04-16 00:43 | Report Abuse
Thanks Jawahar and Tina.
Certificate of Completion and Compliance had been issued and the airport is safe to be occupied on May 2 so there's no option for AA to give any excuses.
As expected Tony don't have the balls of steel to say: Put on Hold again for security and safety reasons!!!
His BALLS were squeezed!
Just imagine the amazing speed of the sudden 180 degree turn around?
Laughable!
Well, the ICAO report is just a precedent only. No issue here.
At least now Tony knows that he CANNOT bite the hand that feeds him.
So, this is Good news for MAHB n BRAHIMS.
Watch out for BRAHIMS! Buy on Dips! Buy on weakness!
Opening of KLIA2 will boost BRAHIM's revenue and earnings between 10% to 20%.
It's 70% subsidiary , Brahim's Airline Catering sdn.bhd has secured contracts from Air France,
Philippines Airlines, Turkish Airlines, Nas Air of Saudi Arabia and the latest Xiamen Airlines.
The first Hurdle Cleared and more exciting times ahead.
Stay tuned!
2014-04-15 00:26 | Report Abuse
Unless the opening day of KLIA2 which is on May the 2nd is DELAY again, BRAHIMS is a stock to watch.
The innuendo played by AirAsia is just A Smoking Gun and A LOAD of BOLLOCKS!
AirAsia talk about Security and Safety in KLIA2? Can LCCT be better than KLIA2???
Tony asked for Guarantee of Safety? What kind of question is that? Only the Almighty God has the ultimate guarantee to anything and as we all know The Almighty speaks to no one. If the ICAO can confirms the safety of KLIA2 then they have to abide by the date or else please look for a safer place in Thailand or Indonesia. The real fact AA is buying time is because they have sold their tickets a year in advance, moving now means losing a lot of money. It's not purely the concerns of Safety and Security.
Malaysian Airport Holdings Berhard is a government linked company. When costs overrun or projects are delayed, taxpayers must often foot the bill. MAHB is already paying some RM19 million per month in the form of interest payments on debt obligations and RM4 million per month in additional staff costs, so AA must BUCKLE up and i believe there will be no Glitches come MAY 2.
Very soon BRAHIMS will see light in the tunnel. For those who have bought , hold on tightly and be very patience. I have seen the WORST of this stock! I have been following every movements of this stock for the past 2 1/2 years.
If you don't have the patience, please forget it! This stock is not meant for Day Traders and Contrarians. You'll be SQUEEZE till kingdom come.
For those who is looking for good stock to invest,add this stock in your portfolio, this is a very fundamentally sound company with lots of potential.
Avoid and Ignore listening to the Negative Noises and Distressing messages concerning this stock.
Buy within your means and the price you are comfortable with. Time will tell and you will expect the stock to perform well with multiple share price catalysts over the next 12 months such as announcement of further projects overseas, M&A activities, further milestone in sugar refinery, finalisation of its joint venture agreement with ANA Catering, and finalisation of its JV agreement with Dhyafat where the MOU was suppose to be executed in the month of June.
Don't take it so serious, you can choose not to believe me, anyway it's ONLY My 2 cents WORTH!
Good Luck!
2014-04-10 01:14 | Report Abuse
BRAHIM'S whose share price had rallied to multi-year highs is going through a correction phase and this is very healthy. Nothing worrisome!
Any dip is an opportunity to buy. Exciting times are set to seep in soon and Brahims is going to soar!
2014-04-07 09:18 | Report Abuse
Hi zunanzain,the second tranche of placement was 2.339 issued on Feb 28.This will be a very good support level currently. BUY, and you'll understand what I meant in a few months time. Good Luck!
2014-03-30 22:55 | Report Abuse
There is not much to worry BRAHIMS. This company is well diversified and there 's nothing Catastrophic or HORRIFYING to 'collapse' the share. BRAHIMS 3 years ago and BRAHIMS today is a total different company. Bear this in mind, It 's a growth stock and it has intrinsic value. I believe the shareholders of BRAHIMS don't buy BRAHIMS for tomorrow gain. If you believe and have faith in BRAHIMS , fasten your seatbelt tightly and just NJOY the ride!
2014-03-27 12:24 | Report Abuse
Johnny cash , you are absolutely right!
The whole nation is mourning at this juncture, what do we expect from Brahims?
The engine will start and the momentum will gain it's peak at the right time.
2014-03-21 16:13 | Report Abuse
Well, I opine that the aviation stocks are all holding
Very well, look at MAS,AAX,Airasia n BRAHIMS
They are as strong as steel for the past 2 weeks.
Overall the whole market in the region is soft.Hang Seng is
In the bear market now. Our market is SPOOK!
Traditionally market is quiet from April towards the World Cup.
So , be prepare and don't forget the adage:
SELL IN MAY AND GO AWAY!
2014-03-20 15:43 | Report Abuse
Brahims is taking a breather after the recent runup.
The whole market is in a cautious mode so It's an
Opportunity for Brahims to consolidate and built
a stronger base looking forward for the next level of rise.
2014-03-16 08:30 | Report Abuse
alpha jack,you hit bullseye!we don't need a rocket scientist spewing garbage here.
Let's see who will be making the last laugh?Be perseverance and patience with this stock!
2014-03-15 15:06 | Report Abuse
If we want to know more, then ask The Shaman's King.
He has a Crystal Ball made in the Land of Dummies!
2014-03-13 12:16 | Report Abuse
Director pare down it's stake is of no concern. It's common. No worry.
It 's only 0.3%.
They are doing that to improve liquidity in the share.
Have Faith and be patience enough. Don't get too excited and you'll
see the rise soon. You have to play smart to outwit this stock and
PATIENCE is the name of the game!
2014-03-12 07:20 | Report Abuse
It's the MEMORANDUM OF UNDERSTANDING BETWEEN BHB AND DHYAFAT ALBALAD ALAMEEN CO LTD (“DHYAFA”) that's going to trigger the stock!
2014-03-10 16:46 | Report Abuse
You are right mrlim.see who has the last laugh!
2014-03-07 00:07 | Report Abuse
Bsng1688,precisely !
This Stock will spur Adrenaline Rush.
Accumulate during weakness.
2014-03-06 23:18 | Report Abuse
This is what Brahims is All about
It is certainly WORTH more than RM2.70
Take Note: This is A Growth Stock!
What is Boiling Brahims and some of the activities here will spark the stock to new height.
-Merger and Acquisition could be in the offing soon.
-The tie-up with Labuan Halal Hub Sdn Bhd (announced on Jan 16) and Japanese airline ANA Holdings Inc (announced on Jan 7) involved the provision of halal meals.
-Injecting more assets via privately held Dewina Holdings Sdn Bhd
-60% stake in Admuda Sdn Bhd. Admuda has a licence from the International Trade and Industry Ministry to manufacture refined sugar and molasses for Sabah and Sarawak. The licence awarded to Admuda was the third by MITI in 37 years .
-Brahim’s pre-tax profit to grow 26.5% to RM64.9mil and 23.6% to RM80.2mil in FY15.
-Brahim's Holdings Bhd, which aims to be a global player, is targeting a US$500 million project in Saudi Arabia to supply halal meals to Asian pilgrims performing hajj (annual pilgrimage) in Mecca.
-Muassasah is expected to award the job to Brahims soon
-Brahim's Holdings is expected to supply 11.1 million meals a year to the Asian pilgrims and support personnel during the hajj
-Forecasts on MAS’ passenger carried and MAHB’s passenger movements in KLIA, LCCT and KLIA2 will increase substantially
-New aircrafts from MAS
-The opening of KLIA2
-Brahim’s is planning to open 200 mobile carts in LRT stations.
This Stock is definitely moving to Unchartered Territory.
2014-03-06 16:08 | Report Abuse
Temperature rises 100 degree Celcius! Brahims hitting new highs!
2014-03-04 07:40 | Report Abuse
MAS Bust? Which planet are you from? No need to pray, time will tell.Have Faith, Brahim will rise!
2014-03-03 13:24 | Report Abuse
Latest TP fr HLG : 2.90. Very soon we will see the price of share surge to 3.00 n beyond.
2014-02-28 18:46 | Report Abuse
Yes , definitely! 2014 and 2015 will be good !
2014-02-28 18:20 | Report Abuse
Brahim’s 4Q net profit up 150% at RM12m, declares 0.25 sen dividend
Full year: 22.2m
2014-02-27 18:23 | Report Abuse
Better than expected earning, n it's rebounding soon, I agree!
Stock: [BRAHIMS]: BRAHIMS HOLDINGS BERHAD
2014-05-15 00:10 | Report Abuse
MY Pleasure, Tina, Eugene and Tornado.
Kl25 please read on...
Now,The Million ringgit questions!
To buy or to sell?
Sell at your own peril!
Still not enough of good news?
More good news to come and they are in the pipeline.
Here are some more good feel factors to add in :
-Brahim’s could have several advantages over MSM’s sugar business in terms of margins and efficiency. Brahim’s have a better costs structure as raw sugar will be supplied (Thai Roung Ruang *Thailand’s second largest sugar manufacturer and exporter) based on market price of 16.3 sen per pound against long term contract price of 26 sen a pound.
-- Ventures under Dewina, which might be potentially acquired by Brahim’s, Dewina Food; a plant manufacturing meals in Jordan in a 50:50 JV with a Jordanian government agency, an upcoming plant in Saudi Arabia, and a plant with a farm, including an abattoir and facilities for value-added products, in Ningxia, China, in which Dewina has a 49% stake.
--A separate listing for Desatera Sdn Bhd, a JV between Dewina and Koperasi Angkatan Tentera Malaysia Bhd, which has been awarded a contract to operate military cookhouses up till 2026.
-Datuk Ibrahim Ahmad Badawi, injecting more assets via privately held Dewina Holdings Sdn Bhd into the listed in-flight caterer-cum-restaurant operator.
-A sustainable earnings from long term concession agreements.
-It provides proxy to the proliferation on air travel but without the baggage of ticket price war and jet fuel price fluctuations.
So, what is the reason of selling???
Why Sell when you are supposed to Buy?
Any weakness or dip is an opportunity .
For the past week there's one moderate investor desperately disposing and pressing down the price for reason unknown.
No worry, there's a quantity to it, and i believe it's at the tail end.
As for the FV,
I would not have kept this stock if the fair value is a mere RM2.50.
This is a growth stock and it has very strong fundamental and potential to grow further.
I am looking forward this stock shattering the RM3 mark and beyond before i can make my decision to sell.
Enuf said, evaluate yourself as this is your hard earned money.
Before i sign off, here is a a humble Note of advice to ALL Investors.
My Best Market investment Risk that I want to share :
Boss hired a sexy secretary;
but 10 days later he committed suicide by jumping from his 27th floor office.
Police: Who was there at that time in the room?
Secretary: I was there.
Police: What happened? Why did he commit suicide?
Secretary: He was a good boss.
One day he bought me a fur coat for $20,000.
Then he bought me a diamond necklace for $150,000.
Then he bought me a diamond ring for $50,000.
Today he asked me to spend the night with him and I told him I charge just $100 a night....and he just went to the window and jumped!
Moral:
Investments are subject to market RISK,
check the market RATE before investing!!!