Posted by lkblkblkb92 > 2014-02-20 22:32 | Report Abuse

=.= just sell and accumulated later

Posted by Stevecheahsw > 2014-02-20 22:55 | Report Abuse

Later come out right issue to buy 100 new aero plane .

Posted by tjhldog > 2014-02-21 01:16 | Report Abuse

The gomen should just let this MAS to crash after chalking up almost RM 5 billion losses (2005 - $1.2b, 2011 - $2.5b )

Posted by Nn77 > 2014-02-21 08:46 | Report Abuse

TP: 0.780 (Long Term) Short Term RM0.30 | Current: RM0.275 and MOVING 
MY short term IS TP: RM 0.30 , AND AHB will be easily looking at RM 0.78 in the coming days.

Posted by smartklseguru > 2014-02-21 08:48 | Report Abuse

MAS service is real bad, I just had a bad experience last Sunday. After the air stewardess explained on choice of meal, my wife asked what is that "chicken meal", she just walked off and ignored us. When asked about choice of drink, I asked for coffee and the same air stewardess responded with a OK but walk off and ignored us again. When clearing up of the meal boxes, the same air stewardess just walked off without clearing off my wife meal box. I travel alot and never seen such a lousy air steward service in my whole life in other airline. If the Management is good, why keep such attitude problem stewardess in service? Friendly speaking, I had brought a few times in MAS shares in the past and even last quarter, I never even make a single cent before and have to sell off with at least few thousand ringgits loss each time. Disappointing counter and will not purchase any in the near future.

Posted by pslkft > 2014-02-21 09:04 | Report Abuse

This counter only worth to buy for the potential news, fundamentally it is really so sucks.

Hope government or mahathir will start speaking up and heat up this counter...news may come any time...waiting their comment

Posted by pslkft > 2014-02-21 09:09 | Report Abuse

Think privatisation shall be in those people's thinking radar...the big loss will make them accept reality MAS will continue to make losses withpout privatisation...

Posted by BullBear > 2014-02-21 09:16 | Report Abuse

Malaysia Airlines (MAS) should terminate its RM6.25 billion contract with in-flight caterer Brahim's Holdings Bhd to narrow its losses, says former member of parliament for Wangsa Maju, Wee Choo Keong.

"There is no airline in the world which has entered into a contract as long as 25 years and non-negotiable. The contract works out to around RM260 million per year, which is a lot of money. A catering contract should run two to three years.

How?

Posted by BullBear > 2014-02-21 09:18 | Report Abuse

Former member of parliament for Wangsa Maju, Wee Choo Keong said Khazanah should also consider terminating contracts of MAS' consultants and expatriates. He said the salary scale and perks of MAS' top executives should also be reviewed.

"The top executives easily get paid up to RM30 million a year. That is a lot for an airline that is losing money. Why are they taking home such a fat salary? If they are concerned, they should take a huge pay cut, when times are bad," he said.

Taxpayers, how now?

Posted by pslkft > 2014-02-21 09:22 | Report Abuse

More noises will come in to put pressure to government....it is in now politician and people's radar....as long government response positively...the risk will become opputurnity for investor after few days of selling pressure...

Posted by Nn77 > 2014-02-21 09:23 | Report Abuse

AHB 7315

TP: 0.780 (Long Term) Short Term RM0.30 | Current: RM0.275 and MOVING
MY short term IS TP: RM 0.30 , AND AHB will be easily looking at RM 0.78 in the coming days.

Posted by Fitri > 2014-02-21 09:24 | Report Abuse

told you all already, 30 sen would not hold. Now someone is gonna shout again about 'rock bottom' and 'cannot go any lower'. fools.

Posted by BEAMAN > 2014-02-21 09:29 | Report Abuse

I Q at very good price....

Posted by BullBear > 2014-02-21 09:30 | Report Abuse

CIMB 0.17 folks! Now that is rock bottom sale! Heheheheheheheheh!!

Posted by smartklseguru > 2014-02-21 09:48 | Report Abuse

MAS= Junk Stock Status. I may consider buying if it drop below RM0.10 with the inention of speculative buy only. Regardless of internal control and process of the company, how can it continue to loss money forever? Will they exercise capital reduction? Will they go bust? Sorry, I am not depressing the stock price but stating the fact and I will not buy even 1 share of MAS

Posted by deadwood > 2014-02-21 09:53 | Report Abuse

.
if you wish to go further, wait for KLSE crash, by then MAS would be ..............anyone's guess :)

Posted by pslkft > 2014-02-21 09:56 | Report Abuse

previusly has been long resist at 0.305, now those people think they smart guru know how to play with the MAS previous up down narrow 0.305-0.315 range will now lose kau kau....hahahaha

Posted by KLEBOY > 2014-02-21 09:58 | Report Abuse

Lost more than a billion still not action taken. CEO should balik kampung.

Posted by deadwood > 2014-02-21 10:04 | Report Abuse

Last year buying @ 0.30 and sold at 0.38 was quite good for me. This time around @0.30 was no longer attractive when the masses voted for TP below 0.30 and some like CIMB was @0.17 and now latest @ 0.14. Whether we like to believe these guys or not, stock trading is about knowing how to read the crowd. Right now you know what you are against..so if you are brave you could buy at 0.28 or so if not, think twice. For me, I refuse to lose my capital and am quite low risk player who plays to win. So, lets see if 0.20 wll be breached in time to come and if so, I think can buy some with confidence. If not then, I'd miss the boat with no regret and no loss. :)

Posted by Zaleha Abdul Kadir > 2014-02-21 10:18 | Report Abuse

Maybe take times to rcover unless gov support again...wait & see :-)

Posted by BuLLRam > 2014-02-21 10:24 | Report Abuse

agree CEO clueless, only know how to cut costs.. but cut nasi lemak ingredients kekeke..cut 16% cost still lose 1 bil..all the top mgtm n directors shud take a 50% salary cut..niamah leh..

Posted by YangBerhormat > 2014-02-21 10:32 | Report Abuse

ceo 'pukul the kapal terbang' while washing the fuselage windows.

Posted by smartklseguru > 2014-02-21 10:57 | Report Abuse

Have you try the domestic meal? Box with main course without fruit, chocolate, etc. A national airline below budget airline service.

Posted by jackytheman > 2014-02-21 11:05 | Report Abuse

so mean ? can try buy at 0.28 for those who bought at 0.315?

Posted by chilton30a > 2014-02-21 11:36 | Report Abuse

sell , then wait and buy back at 15cts and below .

Posted by pypw > 2014-02-21 12:40 | Report Abuse

Just average down your share. However, a risk is there, be aware of PN17.

Posted by balvin71 > 2014-02-21 13:58 | Report Abuse

All the Board of Directors, CEO, CFO, COO and Senior Management Team must be held accountable. Immediate dismissal is in order. If on the Menteri Besar of Selangor was in charge of Khazanah, he is the only one with balls to fire staff.

Complete audit to see where every cent went and compare expenses incurred with market rate. I have a feeling the rakyat's tax money has been taken for a ride.

Posted by kangkongbest > 2014-02-21 14:15 | Report Abuse

Patut lahhhhhh MAS rugi lagi tahun lepas.......
http://s2.postimg.org/53txxs40p/mas.jpg

Posted by BEAMAN > 2014-02-21 15:15 | Report Abuse

buy now ,any action by MAS mangement will fly this cntr.

Posted by BullBear > 2014-02-21 15:28 | Report Abuse

While the impact of low-cost carriers such as AirAsia and newcomer Malindo Air and high fuel costs are felt across the industry, analysts say MAS has other problems - a bloated staff and low productivity.

"It is like the civil service - hardly anyone gets fired because it is too politically sensitive," Aizuddin Pengiran, an analyst at HwangDBS Investment Bank, told The Straits Times.

How folks?

Posted by BullBear > 2014-02-21 15:42 | Report Abuse

MAS has 101 aircraft, including six Airbus A-380 planes, and employs about 19,400 people.

Singapore Airlines (SIA) has 102 aircraft and employs 23,000 people while Cathay Pacific has 140 planes and 20,000 staff members.

But in terms of productivity, MAS falls behind. SIA generated about S$651,000 (US$515,031) in revenue per employee last year, while MAS' employees generated half as much - about 727,400 ringgit. Cathay's staff generated the most, at US$537,000.

There you go, folks!

Posted by BullBear > 2014-02-21 15:47 | Report Abuse

MAS is controlled by state investor Khazanah Nasional, with a 69.4 per cent stake.

Most of MAS' staff are backed by a powerful union, which reversed an alliance between MAS and AirAsia in 2011 on claims that it would lead to massive job cuts.

Last year, MAS cut salaries and reduced contract workers, trimming staff costs by about 9 per cent to about 2.3 billion ringgit. But it also cut ticket prices to compete with low-cost carriers, leading to bigger losses.

Maybank Investment Bank and RHB Investment Bank have since downgraded the airline from "hold" to "sell".

So how now, folks? Sellllllllllllllll......!!!!!!!

Posted by BullBear > 2014-02-21 15:52 | Report Abuse

Meanwhile, AirAsia, which has grown to be the largest low-cost carrier in the region in 13 years, is now valued at more than 6.5 billion ringgit, overtaking MAS' market capitalisation of 4.7 billion ringgit.


The government bailed MAS out in 2001 and again in 2012, with several business turnaround plans in between.

The airline has tried cutting unprofitable routes and filling empty seats with discounted fares. It has also sold non-core assets, including prized paintings by famed Colombian artist Fernando Botero.

But market watchers especially the Malaysian taxpayers are not impressed. Are you, folks?

Hahahahahhahahahah!!

Posted by BullBear > 2014-02-21 15:54 | Report Abuse

"MAS cannot keep doing the same thing over and over again, and still hope for some magic to come through," analyst Mohshin Aziz told The Straits Times recently.

He thinks MAS needs a more radical strategy, such as hiving off its divisions like its engineering and cargo units into standalone companies and pushing sales of its premium seats.

"Why not?" Mohshin asked. "Year 2013 was disastrous enough for MAS to know there is no subtle way for a turnaround.

Another profitable divisions like Catering taken out of MAS? Hmmmmmmm...!!

Posted by BullBear > 2014-02-21 16:01 | Report Abuse

Malaysia Airlines (MAS) group Chief Operating Officer Ahmad Jauhari Yahya, in dismissing reports that the loss-making national carrier is placing orders for 100 new planes, does not expect an operating loss in the coming quarters.

Wowwwwwwwww....."does not expect an operating loss in the coming quarters"........Any comment folks? Heheheheheheh!!

Posted by BEAMAN > 2014-02-21 16:11 | Report Abuse

well ,this is airline co it will fly sooner or later.. price now landed already ..ready 4 take off

Posted by BullBear > 2014-02-21 16:12 | Report Abuse

MAS announced its fourth consecutive quarterly loss for the financial year ended December 2013 on Tuesday. The national carrier registered a loss of RM343mil on the back of a turnover of RM3.9bil while its EBITDA was negative RM56mil.

If MAS continues to incur a negative EBITDA, it would cause a deterioration of the cash balances of the national carrier that stood at RM3.9bil as at the end of last year.

Revenue (Lower)
Q4: 3.782b
Q3: 3.783b

Operating expenses (Increase)
Q4: 3.952b
Q3: 3.854b

Load factor (Lower)
Q4: 81.6%
Q3: 84.8%

Operating Profit (Lower)
Q4: -56.2m
Q3: 52.4m

Cash & cash equivalents (Lower)
Q4: 3.746b
Q3: 5.318b

Posted by BullBear > 2014-02-21 16:18 | Report Abuse

This was MAS' largest core loss in 10 quarters, according to CIMB Research, as the promised benefits of a new fleet were more than offset by depressed yields and fare dumping by local airlines.

Remember folks the new planes are fuel efficient and able to accommodate more passengers. The efficiency gain from replacing the old planes is about 15pc," said Ahmad Jauhari. Why still operating at a loss, folks?

Hmmmmmmmm......!!!!!!

Posted by BullBear > 2014-02-21 16:21 | Report Abuse

"The weak set of 2013 results showcases MAS' inability to manoeuvre itself in a tough operating environment. Yields have declined 14.3pc year-on-year in 2013, much more severe than the industry decline of only 4pc-7pc," explained Maybank IB Research.

"This is despite MAS having upgraded its fleet with brand new aircraft and enhanced its product offering and service quality."

According to the research house, MAS expects an equally difficult year in 2014, as it sticks to its strategy of filling seats at the expense of yields.

"We are uncomfortable with management's approach to continue with a strategy that hasn't yielded positive results thus far," Maybank IB Research said, downgrading the stock to "sell" from "hold".

So selllllllllllllll.....hahahahahahahahhahahaah!!

Posted by BEAMAN > 2014-02-21 16:36 | Report Abuse

i just bought 500,000 share so i hope its will fly...

Posted by BullBear > 2014-02-21 16:39 | Report Abuse

CIMB fair value for MAS at 0.14 folks. A penny stock? Hahahahahahah!!

Posted by bestprice > 2014-02-21 16:49 | Report Abuse

dont hope for the MAS management will make profit..

Posted by Terry Sinclair > 2014-02-21 19:31 | Report Abuse

Buy now...fat hopes slim chances. u will be selling tomorrow to cut losses.

Posted by arv18 > 2014-02-21 19:49 | Report Abuse

who in their right minds will be buying after those abysmal numbers. MAS procurement corruption is king. lets show the world how its done. how to manage like corrupt fools. the world financial media is pissing their pants. MAS boleh!

Posted by JTFX > 2014-02-21 21:33 | Report Abuse

After Epf, Khazanah is now left holding the deadduck...further tax payers money will be wasted agn in efforts to to maintain national pride n avoid job cuts n lost votes form the strong union...

Posted by tena > 2014-02-22 09:21 | Report Abuse

Weathering the storm:

NOWHERE CLOSE TO PROFITS: MAS may consider bankruptcy as troubled airlines that did it have re-emerged stronger, say analysts


When a company goes bankrupt, it implies that it has no choice. But in recent cases involving troubled airlines, they did so deliberately and have re-emerged leaner and stronger.

Some analysts feel that Malaysia Airlines (MAS), which reported a net loss of more than a RM1 billion last year, may consider such a route.

They feel that MAS, with a cost disadvantage problem, is nowhere close to making profits, at least not in the next four years.

MIDF head of research Zulkifli Hamzah said MAS will not be profitable in the next two fiscal years as market conditions are against its turnaround plan.

"There is a system-wide degradation of yield base among regional airlines, such as Singapore Airlines, Thai Airways and Garuda Indonesia. On the local front, MAS has to compete with other domestic carriers, which further compresses its domestic yield.

"As long as MAS continues to adopt the strategy of 'load active, yield passive' and expand capacity, losses are inevitable," he told Business Times.

MAS posted a record net loss of RM2.52 billion in 2011. It managed to narrow its losses to RM433 million in 2012.

For fiscal year 2013, it reported losses of RM1.17 billion despite cutting expenses, such as axing some routes and introducing lower fares to improve load.

Its expenditure was up 10 per cent year-on-year to RM14.9 billion due to high fuel prices.

A senior law lecturer and consultant of a legal firm suggested that MAS follows the footsteps of Japan Airlines (JAL) and American Airlines and file for bankruptcy.

He said after filing for bankruptcy, MAS can still operate under a new company and with the same name, if the registrar of companies approves.

American Airlines and its parent company filed for Chapter 11 court protection in the United States Bankruptcy Court in November 2011 to cut costs and unload massive debt built up by years of high fuel prices and labour struggles.

Two years later, they merged with US Airways Group, creating the largest airline in the world.

JAL filed Japan's largest-ever bankruptcy petition by a non-financial company in 2010, kicking off a three-year restructuring that affected more than 15,000 employees.

Under the restructuring, JAL replaced older, less fuel-efficient planes and cut routes. It also received a 600 billion yen (RM19.3 billion) credit line and 730 billion yen in debt waivers.

"MAS will have to start all over, such as re-hiring staff, awarding contracts, as well as leasing and buying planes. MAS has contracts and agreements that expire in a long time. Those are expensive and dragging down its earnings," he said.

Mercury Securities head of research Edmund Tham said MAS will have to find a solution, such as raising more funds, or it will become too dependable on government bailouts.

One company insider said it is possible for MAS to go the JAL and American Airlines way but "there will be a lot of noise from the unions".

He said the airline is unfortunate to inherit costs that it could not change.

"For example, on long-haul flights, MAS has to reserve two seats for the pilots to rest, which may cost the airline up to RM20,000 per flight.

"And while the Department of Civil Aviation allows a cabin crew of four to serve on a B737, MAS has to provide a crew of six as stipulated by the union.

"There are other inherited costs that MAS could not do anything about unless the terms are renegotiated," he added.


Read more: Weathering the storm http://www.btimes.com.my/Current_News/BTIMES/articles/20140222003319/Article/index_html#ixzz2u0esLn7y

Posted by tena > 2014-02-22 09:25 | Report Abuse

Share holders will have nothing left.... after paying Bonds & other debts.

Posted by BullBear > 2014-02-22 13:02 | Report Abuse

Mismanagement and corruption factor

Although the airline industry is generally governed by the principle of “survival of the fittest”, it is important to note that airlines can not only be profitable – they can be highly profitable.

The classic case is Singapore Airlines. Another classic case closer to home is AirAsia.

Why have these two airlines, SIA and AirAsia, succeeded while MAS has flopped? It does not require rocket science or a Harvard PhD to explain this contrast in airline profitability.

It all boils down to the quality of management, productivity, operational efficiency and the ability to control costs.

Control of costs is not simply tied to obvious items, such as fuel or salaries paid to pilots and crew. It also crucially has to do with the procurement policies and practices of the airlines.

Unfortunately, the factor of mismanagement and leakages and corruption in MAS appears to be an off-limits subject in the mainstream media.

Read more here: http://blog.limkitsiang.com/2014/02/22/time-to-just-let-mas-crash/

Posted by qqq668 > 2014-02-22 22:31 | Report Abuse

Mas has drop from rm1.00 to 68 sen n now to 50 sen. These are the price i work it back to before the right issue. You can see the price has drop 50% just after the right issue announced. Normally the stock shld perform after right issue. But not in Mas case. MAS has raised 5 billion n after last year loss, still has 3.8billion cash in hand. Why are we talking about bankruptcy now. The analyst all downgraded Mas to avoid being blame, because investors hv all loss money holding Mas. share. Never do they say something good about Mas. All because Mas making loss does not mean there is no hope in Mas. Chances are there are a lot of people interested to take over Mas n turn it profitable. So many are eyeing Mas, especially the 2 rivals of Mas locally. Pls remember Mas is a 40 yrs co. In this part of the world, the economy still growing, air travel ,businessstill can make lots of money. If you take a longer perpective, according to the World bank, crude oil will be! trending lower after 2016, it is about 2 yrs fr now, then airlines stock will be a darling by then. The holding cost of Mas is so cheap after dropping 50% fr the announcement of right. AT 28.5 sen now it is very attracttive to buy, not to sell. Donot fall into the trap of the sharks.

Posted by pypw > 2014-02-23 07:48 | Report Abuse

Indeed, Mas had continued performed bad results, non thing is attractive. Becareful this counter may fall into PN17.