Idris jala had already stated that MAS is a non core strategic industry for Malaysia.....
Khazanah and The Malaysian government should invite TENDERS from local and international companies to BID FOR MAS as soon as possible...
Let the BEST WINNING BIDDER takeover MAS and do what it takes to make MAS profitable as if MAS makes profits, the Government will collect the Income tax on the profits...
Better to have cash inflow through income tax collections than cash outflow to support losses forever......
JUST BITE THE BULLET AND MOVE ON..SELL OFF MAS TO THE HIGHEST BIDDER...ITS SO SIMPLE!!!
Almost kena. .. sold out when the selling looks suspicious. .bought mpi instead. . This Maybank ib research is a damn big conmen... dare to say profit when such a huge lost
They are not stupid. They said the result EXPECTED to be better because they want to sell the shares at their hand out and let most of u go trust and buy it before the quarterly result release. This is how big fish always be the winner in the market. Happy trading!!!
Malaysian Airline System Bhd incurred a net loss of RM375.44 million in the period under review against a net profit of RM37.08 million previously. Very Bad loss....
Self consolation.... what goes up will come down and hopefully bounce up higher with gomen asistance.....just like an arrow which we need need to withdraw the strings and fire it out.... I honestly hope..... hope.... anybody else out there in the same ship with me ? :(
merzman, All it takes is the Govt and Khazanah to announce that it is inviting tenders from both local and international companies to bid for mas share...hope gets you no where...concrete positive actions will deliver the results..
Before Mas announced 3rd Q results, we saw heavy accumulation of MAS shares at 34 sen, support at 33.5 sen, with the expected better result it gained support up to 34.5 sen. The latest result saw improved revenue growth but the higher depreciation and amortization cost and the unfavourable exchange rate caused Mas to deliver bigger loss. Operation of MAS is positive, changes is impending and it can perform better in future. Fuel price is coming down, it is positive to MAS.This latest set of result again provide a opportunity to the big boys to accumulate at lower price. But if you notice carefully, the stock price is only down 1 sen from the support level of 33.5 sen. why is it so? Isn't MAS has drop to its minimum value already? whenever situation allow the big boys to take advantage arise, they will exploit small timer like me. How to win this game?
Time for the management to be shown the door. With a load factor at 84.8% and yet posting losses means that it's ticket prices are just too low What kinda business are you running when your yield is lower than your cost? Might as well cut frequencies and destination expansion cos the more you fly the more cost you will incur. Why is nobody in the finance and marketing team monitoring this daily? Well latest news is that MAS will be replacing its 777 fleet so where will the money come from? U do the math !!!
Now investment houses and brokerage all downgrading because most of them sold this morning. Price collapse is just beginning, takes a few more days for the dust to settle.
Probably privatise the only solution, Malindo take over MAS may be likely solution, as their cable is strong. But MAS will have to disband all the MAS trade Unions and renegotiate pay schemes and terminate all "sharks" suppliers contracts. A difficult task politically.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tsurukame
778 posts
Posted by tsurukame > 2013-11-18 22:54 | Report Abuse
Idris jala had already stated that MAS is a non core strategic industry for Malaysia.....
Khazanah and The Malaysian government should invite TENDERS from local and international companies to BID FOR MAS as soon as possible...
Let the BEST WINNING BIDDER takeover MAS and do what it takes to make MAS profitable as if MAS makes profits, the Government will collect the Income tax on the profits...
Better to have cash inflow through income tax collections than cash outflow to support losses forever......
JUST BITE THE BULLET AND MOVE ON..SELL OFF MAS TO THE HIGHEST BIDDER...ITS SO SIMPLE!!!