Throughout history even when there was no local competitor, MAS earnings have been erratic and failed to inspire. As for the future, it needs to have a net profit of at least 177 mill just to earn 1 sen a share and say at current price the PE is still too high to justify its value. MAS is therefore a speculative counter at the moment.

Last attempts to move north were in May 2013 but failed and price collapsed further. Any upward movements must have equally good volume and today's volume is just not enough to carry forward the momentum. See tomorrow then very strong resistant at 28 sen.

721 mills overhanging shares todate. Since early August, additional 200 mills shares were thrown to the market.

162 mills shares over hanged.

Recall, I was right after all.

alenac Not going anywhere as the Palm oil industry is down and will be down further in second half of this year as more oil seeds plantings are being done in S. America as well as soy market is expected to be soft.
03/04/2013 18:29

gark Another generalization.. people just don't read.

200-300k ha of palm oil planted per year in 2009 till now when the price is good will start to fruit after 3 years. So with all these newly maturing crop, what to do with it? Throw away or buy machine to process them? Your guess....:P
03/04/2013 19:33
X
alenac Got your point but there are many suppliers of machines and plants in the market, no need to go to this company. CAPEx spending when the plantation got money if not they send them to 3rd parties mills.
03/04/2013 21:09"

At this moment, the only threat of any crash is which government is going bankrupt soon. Just need to watch clubmed countries if their fundamentals are improving. As for the US, its recovering and the movement of funds from Asia to US are shaking the markets, its overdone. QE3 unwinding are expected in September 2013 but the bonds buying will only stop sometime in mid 2014, if the feds are satisfied with the progress of the US economic recovery.

Actually, Funds sound the panic and emerging markets currencies start to depreciate. When the currencies are cheap, funds will move in and make double and triple from equity and currency gains. It's a never ending cycle of turmoil in the financial markets. Only this time it will hit closer home.

This round the BN politicians are playing the small fries. Making money through differences of opinions. Idris Jala and TDM say yes to sell off and najib says no. By clowning about MAS the small investors got caught in the net.

Idris jala does not have any confidence in MAS now. He should know MAS well but he did not disclosed the weakness of MAS because it would hurt the BN politicians. Disposing MAS would allow the new owners to clear all the shit in MAS.

Looks like news on Felda becoming a shareholder does not moved much of IRIS. There are net disposal rather than buyers since the news broke.

Good move, and Q results expected this month. Broke 27th July 2007 high of 1.45 and next target is RM 1.51

What a joke buying such an expensive palm oil plantation in Sabah.

http://www.theedgemalaysia.com/business-news/246687-alliance-ib-research-maintains-sell-on-felda-global-target-price-rm343-.html

Whoever bought Eastland, got played out by sharks within a week. A fast raid and before the small fishes knew it, already being swallowed wholesale including skin and bones. Nothing left.

Looks like CSL too weak to push further. Must break 30 sen and stay above it.

The Crest and Tierra Crest with occupancy rates of 90% and 85%,
Most loans are tied to uniTapah project with cashflow of 45 mills for 20 years. Next year this counter could pay more divi when its first installment of 45 mill is received.

respectively, which management said it would let go at a right price. UniTapah is CRESBLD’s concession asset in which it has a 23-year concession period until 2034, where it will receive RM45m per annum beginning 2014. Although its net gearing of 1.1x unnerves investors, it is noteworthy that most of its borrowings are attached to UniTapah and its investment properties are all self-financing. In fact, ...............

Accumulation all time high for the last 2 1/2 years. Will have to break RM1.41 to go further up.

As I have stated a couple of months ago about the impact on slowdown of the oil palm industry on the company has been reflected in the last quarter results. Low earnings and Turnover will continue to weight on this counter share price, if there is no recovery of the palm oil industry.

Najib's son is back. That is bad news as many small fry will be fried chasing the share.

http://www.malaysiakini.com/news/235227

Tiger hunters already run. Tiger no suitors. The Latok Tiger buys everyone jumped in. Eaten by tiger?

Rebadged old Accord to Perdana. DRBHIcom is a joke. No wonder Honda just accept the JV. The joke is on Bolehland.

http://www.malaysia-today.net/mtcolumns/special-reports/57974-goodbye-accord-hello-perdana

Oh yeah buy more till more than RM4 plus, I will be slowly selling.....

Since 18th June till todate, additional 60 mills overhanging shares.

Yes, 5 sen is target price as if I am not mistaken the selling will stop or trikle only when there are more losses than gain from selling at lowest price. I presume the sharks got their warrants almost free.

No point talking about Buster. Some people here got hidden agenda about this share. Could be they are caught with huge losses. The bosses that play the shares up and down, will have no time to do serious management and business for the company. More interested in their own pocket or trying to make money to pay the banks for the rights.

US 13 mill is not enough to support luster, you need USD 48 million to prop the price up from 12 to 24 sen. It takes 5 weeks to push the price up and less than 9 days for price to collapse.

Actually the recent rebound was a quick sell off of at least 200 mills shares to small investors by not disclosing the credit default, if I am not mistaken. So any rebound is not expected.

Come on guys, be realistic most funds are calling for sell target below 30 sen. Small fishes just do not have the volume to push up the stock for now. So if you still intend to buy go ahead accumulate slowly, you got a time frame of 3 years to do so. Isn't that fantastic?

"Bursa Malaysia has publicly reprimanded ETI Tech Corp Bhd for failing to make an immediate announcement in respect of the default in payments of credit facilities by its major subsidiary. "

A serious offence that had misled many to buy the shares since 12th June 2013. I hope some one here takes legal action against the company's directors for withholding information and thereby profiting from the recent share surge.

No need to reinvent, just convert MAS to budget Airline with better free facilities than Airasia then it will survive. Air transportation is moving towards mass market and lesser frills. Sure some people wants to travel first or business class then certain flights can be accommodated to such demand but less frequent, as the future is still affordability. Premium airlines are catering to a smaller section of the Global community.

Yes government wants to help MAS turnaround but due to political reasons it can never get the best option to do that. The second best option is what we have now. The crony materials suppliers and the labour union were obstacles and compounded with fluctuating fuel costs, any recovery for MAS depends on luck rather than management.
29/06/2013 10:02

"Yes...you are rite. Don't invest if in doubt..in case of CSL..too much doubt. Rationale of trading below net cash? None whatsoever...in US..corporate raiders would buyout such companies and sold it off in pieces for profits. In case of CSL, director can take it private but then again, once you do that, how to raise cheap money in future? Borrow form banks in China not cheap already! The reason I buy CSL is becoz of the net cash position last time! But gave up after trying to short(rugi also)...hold(rugi also)..either way...RUGI for shareholders...so what's the point!
25/06/2013 22:"

Question is why want to raise cheap money when it's already cash rich and more than enough for working capital? More than doubts. Why don't you believe in the company's cash position, where it can shoot up and be future blue chip shares? Obviously you also dun believe this company's fundamental is correctly reported.
25/06/2013 23:26

Anybody got RM135 millions to mop the shares and push MAS higher? Think about it carefully, only the majority stakeholder ie Khazanah can only be interested to push MAS if the current management can promise Khazanah that the premium liner are able to deliver good cashflow following good financial results in future. Then only you can see accumulation of the share. Of course you will then see EPF following the buying frenzy.
25/06/2013 21:46

What Zee Moola said in his blog is true. How can you trust the accounts, especially the cash account of CSL. Many believed they are fakes anyway. China companies have many sets of accounts. You won't know which one is true.

Not slip of the finger, they are realigning their stocks portfolio by ditching some and buying JCY and Star at a high price. But it's stupid way of buying and selling stocks. It could have been done gradually. In total this fund may be losing exchange rate as well as stock losses. RM has depreciated postelection RM3 to 3.20 per USD$1.

Yes today another historic high overhanging shares. Weaker and weaker ...............10 sen is possible if losses extends 6 consecutive quarters

"Please stop misleading beginners from "investing" in this stock"

I take it that you are encouraging beginners to invest in MAS?

Or is it that "Please stop misleading beginners to invest in this stock"

if price below RM 4, will accumulate as it is undervalued. 40 sen capital to be returned from listing of BJtototrust.

with 5 times more shares in the market, big or small boys also scared lah. The balls for making more out of Mas is shrinking.

If Dow closed down by 300 pts tomorrow, then can MAS sustained its current price? Furthermore as US starts to unwind its QE3, MAS share price will have to content with improve fundamentals towards 2014 and 2015. Right now MAS is a speculative 3 liner share and without fundamentals but people buy in with the hope that the government will support it forever. What if the investor is wrong as the open sky policies may not have space for an inefficient liner. Then another capital reduction exercise will be done in 5 years time or if unsustainable perhaps it will be hive off to an independent buyer after another round of capital reduction.

To make 1 sen per share MAS will have to achieved after tax of 167 mills and at PE of 5 as in Airasia will be 1 bill after tax for MAS. correct me if I am wrong.

Most of what stated by MD of Tiger are his future business plans and pending rights issues of 100 million shares. After the "attempted takeover" of the company by Nik Nazmi and gang. Very nice interview throwing in some fung shui on the significance of the company's name which is evident that its almost game over and now the CEO is building fundamentals story to the press where it has achieved debt freedom and bla...bla.... got 5 years plans to be top developer etc...hot air.....hot air.....he must be sitting in a pile of money to subscribe for his share of rights...on a speculative company. Thanks to all the loyal speculators who got caught.
19/06/2013 19:09

Today again reached highest overhanging shares of 400 millions. No accumulation since 7th June.

BJtoto Business trust will be listed in Singapore sometime in August. There will be a cross listing in Malaysia later in the year. About 1 billion RM will be collected from the listing to repay borrowings of RM540 million and pay dividend to share holder of around 40 sen. Post listing Bjtoto will be debt free I suppose and will hold some investment via its Phillipines Gaming Corp, which is a lottery operator and hold investment like Redtone and Bjtoto directly hold some properties in Berjaya TIMES SQUARE. Post listing , according to the management will distribute some or all of the trust units to the shareholders. Post listing earnings will be reduced by 20% but in the long term after the distribution of all the trust units, what will be VT's plan after that nobody knows. Maybe pumped in Berjaya Beijing Great Mall, perhaps then.

Wow, crony sang songs of support. Hope more cronies come forward. All funds are calling for sell and you got some dumbos asking people to be grateful to MAS. Must be his grandfather working for MAS.

DTT tender will be fought between REdtone(Sultan of Johor) and Puncak Semangat(Morktar Al bukari).

"Pls show some respect and offer our gratefulness to MAS."

Crony call to support MAS. What a joker! Must be an UMNO bugger.

Watch tomorrow to see whether trend can pick up, if not then down all the way.

Still on crash landing mode, huge overhanging shares till todate.

Crest undeveloped land, anyone knows where are these properties located?

GM 1059 Lot No.1863
Mukim Batu,
Daerah Kuala Lumpur
Freehold 2.93
acres
Cultivation Land – 6,200,000 – 2004
No. Hakmilik 0244869,
Lot No. 0034701,
Mukim Damansara,
Daerah Petaling,
Selangor Darul Ehsan
Freehold 7.14
acres
Residential Land – 7,547,625 – 2005
No. Hakmilik 0244870,
Lot No. 0034702,
Mukim Damansara,
Daerah Petaling,
Selangor Darul Ehsan
Freehold 2.71
acres
Residential Land – 4,046,897 – 2005
No. Hakmilik 0244871,
Lot No. 0034703,
Mukim Damansara,
Daerah Petaling,
Selangor Darul Ehsan
Freehold 3.82
acres
Commercial Land – 2,871,611 – 2005
No. Hakmilik 0244872,
Lot No. 0034704,
Mukim Damansara,
Daerah Petaling,
Selangor Darul Ehsan
Freehold 2.02
acres
Commercial Land – 2,138,113 – 2005
No. Hakmilik 0243082,
Lot No. 0000232,
Mukim Petaling,
Daerah Petaling,
Selangor Darul Ehsan
Freehold 1.83
acres
Commercial Land – 7,409,705 – 2006

On 31st May, big sell off of 20 mills. Net overhanging shares of 80 mills on same day.

Heavy disposal, diving towards 23 sen or lower? Last quarter already loss 8 sen. Now remained 15 sen?