haha.... Proton takeover bid is a dream also... but it just happens.... many party is interested with MAS, but the government is unwilling to let go... same story like Proton haha...
I initially bought mas at 36 cents...sold a few days bf last quarter at 33 to cut losses.Bought today at 31 cents.Mas is making a lot of deals with other airlines to cover more ground plus visit Malaysia Year 2014.This should be good for Mas not necesarily soon.Im buying to keep long term.I doubt it will go below 30 cents .
Looks like it's holding steady around the RM0.30 level. They seem to be doing whatever necessary to bring this company back to profitability. I think the major issue is their operational cost especially staffing. Also, the price competition although is improving their revenue but at the expense of margin. I am accumulating at this level as even if it ever touch RM0.40, it will be a good bet.
The key success factor for investing in Mas is "patient". You'll never loss yr money at this price, you just don't know when it'll move up. You know khanazah will never do capital reduction or bankruptcy protection for a nation image co. Like Mas. We all know Mas will probably keep lossing money for few quaters again, but any 1 quater profit will send its share to the sky, enough for all of us who is investing now to laugh. Just my 2 cents.
the only thing that will turn the co around and increase share valuation is cost cutting. And the biggest cost lies in salary, where it's employees are heavy unionized. The CEO does not have the guts to tackle the hardest problem but choose to look into other area i.e. F&B etc where cost reduction only have minimal impact on bottom line. Perhaps one day the co will successfully turnaround, but I think your money doesnt worth for that one day, if it ever comes. For those that think 30 sen is the lowest (0% downside, 100% upside), your prediction is as good as predicting the weather of next month or predicting you will make money in the casino before looking at your cards.
agreed with psklft, if the 'investment house' ask you to buy, then you better start selling whatever it is that you're holding. The Star published a list of 'Top 10' stocks to monitor in 2014... most of them went marginally this morning but no one monitor their recommendation 1 year later... it will always be a disappointment.
top mgmt unable to focus on re-strategizing manpower needs... either union is too strong or other interest?... the price is stagnant for many weeks already...:(
Lately, the last 8 trading days, Mas saw heavy buying up to 32 sen. But when it reach 32 sen, it retraced to 31.5 sen then to 31 sen. Now it is back to 31.5 sen. Why the syndicate restrict the movement to such small range? It is very obvious they want to exaust the players or the traders. This time they are buying bigger volume. MAS has its attraction. Lets accumulate together.
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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....
cockroach
418 posts
Posted by cockroach > 2013-12-23 15:36 | Report Abuse
If can reach 0.25 will soon MAS go to PN17.. haha!!