How to manipulate the share price when Khazanah themselves is holding 11.59B shares and the shares outstanding is 16.7B! In short, there is just too many MAS shares flooding the market. Don't forget the aging Boeing 777 fleet is also due for replacement and would require additional funds/financing.
Sure88 sothe additional fundings MUST come from???? Yes speculated share price later on... Mid Dec'13 was what I heard 'something' good will happen.....hopefully it is true as I had lots of lots vested...:)
Additional funds sadly will come from shareholders deep pockets. ( EPF/Khazanah )and not by an increase in share prices. Remember the 6 Airbus 380 was funded by the recent rights issue. So expect another round of cash call when delivery takes place not so soon but within the next 2-3 years due to the long wait list and the type of aeroplane purchased.
Maybe should look at Brahim instead cos like it or not MAS has to pay Brahim for catering and with the increase of passanger load, frequency and destinations , Brahim's turnover would definitely increase too. Now you know why Tun Badawi is advisor to MAS - guard personal interest !!
Why did MAS closed at 32 sen? Big volume (4262 lot) matching at the close @ 32 sen. When they blocked at 31.5 sen near the 4.05 time, only less than 100 lot forced sold at 31 sen, very few contra player force sold, @ 31.5 sen level there are more buyer than seller. There are a lot of false seller at 31.5 sen. To induce follow sell @ 31.5 sen. Then last minute they push it up at 32 sen. Generally, the lower liners are quiet and easing, holiday mood. But Mas shares saw heavy accumulation at 31.5 sen and closed high, is oil price making an effect?
overhead too huge n difficult to make money when many not involved with management also interfered ....not any bravo ceo , calang-calang dare to enter uness given a free hand to do so...
From Today Star Business News.... Analysts: MAS must cut costs, boost revenue Malaysia Airlines (MAS) still faces headwinds as its yields remain under pressure while a high cost structure offsets its efforts to spur sales, according to analysts.
Not positive: RHB Research said in a note to investors that despite the flag carrier’s strong loads in the third quarter, its yield erosion and “sticky” cost structure resulted in a core loss of RM278mil during the period. “Its dynamic pricing strategy and high fleet utilisation helped to bolster revenue, but depressed yields capped revenue growth while its high cost structure wiped out the topline contribution. “Moving forward, apart from growing its revenue, MAS should start to more effectively keep a lid on costs. Otherwise, we foresee it continuing to face challenges,” RHB Research said. In the three months to September, MAS posted a larger-than-expected net loss of RM375.44mil, versusanetprofit ofRM37.08mil during the same period last year. Turnover rose 12.4% to RM3.91bil from RM3.47bil previously. For the nine-month period, its net loss widened to RM830.25mil from RM483.96mil a year ago as MAS slashed air fares to protect its market share. Revenue climbed 13.5% to RM11.22bil against RM9.89bil. Aviation analysts now believe the national airline is unlikely to return to the black by end2014 as outlined in its turnaround plan. MAS’ shares had tumbled since the results were announced to 31 sen yesterday, near its 52-week low of 29.5 sen. The airline’s October operating statistics showed that its load factor dipped slightly to 78.4% from 81.1% the month before, but was still an improvement over 73.5% in October last year. Its passenger load factor fell to 81.2% in October from 86.5% in the preceding month as revenue passenger kilometres for both domestic and international flights declined, although available seat kilometres grew in tandem with the carrier’s’ strategy to increase flight frequency. Cargo volumes were flat in October. “All in, the carrier’s load-active strategy led to improved loads versus the 10-month period in 2012,” RHB Research said. The brokerage upgraded MAS to “neutral” from “sell” but maintained its fair value of 30 sen.
Don't rely on MAS financial to turn into black! It will take years. The main factor it is still running losses it's because of its STAFF. As long as the Union is still there protecting the unproductive staff, I don't see any +ve for MAS. The only thing that can make MAS price move is giving out NEWS!!!!!!
I took flight to Nepal via MAS.Lost my luggage on arrival.Fortunately got it about 36 hours later.Suffered the inconvenience created.Apparently this is not the first time.Public perception is changing about mas..
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sure88
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Posted by sure88 > 2013-11-26 13:42 | Report Abuse
How to manipulate the share price when
Khazanah themselves is holding 11.59B shares
and the shares outstanding is 16.7B!
In short, there is just too many MAS shares flooding the market.
Don't forget the aging Boeing 777 fleet is also due for replacement
and would require additional funds/financing.