We need to look at their employment policies , it appears that the airlines staff s are over presented with one single race in a multiracial country .i don't want to put it as RASCIST employment policy,Maybe a more fair & just racial composition may be helpful to improve the service. Merit employment with less emphasis on race should led MAS MORE COMPETITIVE IN MARKET PLACE.
Go for the jugular. The MAS union. Strip them off their pacifiers every time they whine to their political masters/cronies. Let meritocracy rule and see how MAS will soar. Idealistic yes; and achievable? Definitely.
MAS will forever never get out of this rot if it remains as 'gold mine' for crony suppliers. I am certain inflight food cost to MAS may be the highest in the world! Cabin crews may be in better position to recommend better and cheaper food if actual cost is make known to them!
MAS must be given "5 STAR" for their ever increasing debts year after year !! 5 STAR AWARD for maintaining their ever increasing debts year after year !!!
Now I know why Rosmah prefer to fly in the private jet and shy away, using shabby MAS! Either her ass is too big for the seat or the food is not to her expensive taste.
The staff is already DEMORALIZED after what had happened after it was privatized. After that it was going down and down and has never REALLY recovered and I bet it will never recover. Blame WHOEVER is instrumental in privatizing the airline. In fact all these Malaysia Inc and Privatization policies started in the 80's have brought untold misery to the average Malaysian NOW and had only resulted in the creation of a privileged few and cronies who became filthy rich. Just think about that
Harga MAS dah terhempas. Kerugian amat parah. Rakyat makin tidak puast hati. Kalau bailout sekali lagi lingkuk BN. Lebih baik jual saja dengan kerajaan Selangor, manatau untung 2 billion pulak.
Aiyoo...seems like MAS will be continue to be cash cow....milk...milk :)
Brahim’s Holdings Bhd - FY13 Results Preview
Author: kltrader | Publish date: Tue, 25 Feb 09:50 Highlights
Based on statistics released by MAS’ and MAHB’s FY13 results, we believe Brahim’s FY13 topline results (to be released on 27th Feb) will be within expectations.
MAS total passengers carried in FY13 experienced double digit growth of 28.5% to 17.2m passengers (Figure 1) compared to 13.4m in FY12 (vs. HLIB’s yoy growth estimates of 30%).
Besides, based on the total costs incurred by MAS on services provided by Brahim’s in 4QFY13 and FY13, this translates to circa. RM386.4m in revenue for Brahim’s in FY13. It would be in line with our estimate of RM391.3m (+1.3%).
On the other hand, MAHB’s FY13 passenger movement statistics (Figure 2) of 47.5m passengers is within expectation as well, accounting for 101.6% of our FY13 estimates.
However, Brahim’s could potentially record stronger bottomline earnings as operations’ efficiencies increases on the back of higher numbers of meals catered. Furthermore, Brahim’s have always been putting in efforts to reduce its expenses, especially finance costs.
As such, we would not be surprise if Brahim’s core earnings released on 27th Feb 2014 to be above expectations. As to other business segments (i.e: Café Barbera and warehouse/logistics division), we do not see any major changes/shifts in the upcoming results release. Risks
Pandemic outbreaks. Slowdown in passenger movements. Termination of concession agreements. Relatively elastic demand. Appreciation of US$ and/or depreciation of RM.
Forecasts
Unchanged. Rating
BUY
Positives – (1) Niche industry; and (2) Sustainable earnings from long-term concession agreements.
Negatives – (1) Earnings highly dependable on economic conditions/pandemics; (2) Delay in the opening of KLIA2 and sugar refinery plant in Sarawak; and (3) Additional borrowings for any asset injections could increase net gearing significantly. Valuation
Maintain BUY with unchanged TP of RM2.64 based on industry average of 16x FY14’s EPS and 7.0x FY14’s EV/EBITDA.
We strongly believe that the recent selldown is largely due to profit taking among investors and hence provide opportunity to accumulate.
Source: Hong Leong Investment Bank Research - 25 Feb 2014
When people still dare to buy that's means the price is not cheap yet. Wait till nobody dare to buy then that could be the right time to entry. Just my guess
I think a lot of people are still being too optimistic about MAS....here's a history of how MAS had performed... http://money-made-ez.blogspot.com/2014/02/history-of-mas-loss.html I think buying stock is not just about buying at a certain number, but it's about looking at how a company is being managed, the profitability and prospect of growth. MAS had a track record that is very bad...and unless they can prove themselves to be able to manage a company well, it's crazy to buy this stock regardless of how cheap. Billion of losses!! Under normal circumstances, the company should go bankrupt.
why it still not yet bankrupt..whose money to support? khazanah?...Khazanah money from where...every quater how many billion to lost? whose money is that? everyone here is smart, sure you know the answer...
Congratulation for those that brave themselves to buy at the closing minutes today. You are buying at the lowest of MAS share price. At 38 sen compare to Mas share at rm1.00 when the right isuue announced. In another word you are buying at MAS OR at 3 sen. I can see the big boys are buying like mad this evening. Do not be cheated by the multiple sell order at the close. They are forcing the players or investors to dump. This is the best way to force people to dump Mas shares. By selling aggressive towards the close, many people are confused thinking the sellers had , you would nottins of Mas shares to sell. The same broker are still selling fr 31 sell level to 2sen. My point is if you are genuinely selling you would not use the same brokers to go aggressive, and why at the last minit
If the sell is so genuine, they will sell quietly n slowly.They would use different brokers. It is obvious they sell aggreasive at the same time they buy multiple time. It is always when the price is cheap or low, they will adopt this strategy. They can always sell first thing in the morning if really they want to dump, no need to wait till last minutes. They sell with intentions. Don't be fool.
i'm not saying airline business is not good, nor am I saying that MAS is rubbish, but if the management don't improve...the cycle will repeat itself. Investing in stock is like investing in good business, and the key to it is management. Anyway Good Luck to all those who have faith!
Thinking of buying more of MAS, just go ahead!!!!!!!
"Lim said MAS's more than RM4.1 billion in losses in the past three years should prompt its owners, Khazanah Nasional, to seek solutions by coming to terms with the fact that its current cost structure is just not viable.
Lim said MAS's more than RM4.1 billion in losses in the past three years should prompt its owners, Khazanah Nasional, to seek solutions by coming to terms with the fact that its current cost structure is just not viable."
Saying his party does not agree with a suggestion by Singapore Business Times that MAS should declare bankruptcy to revive itself, Lim, however, drew attention to "overstaffing and lopsided procurement contracts from maintenance to catering".
"No one is surprised that cronyism and hanky-panky are two of the main causes of MAS' continued decline," he added, while saying that MAS still could not compete with AirAsia despite tens of billions of ringgit from taxpayers.
Actually most people bought into this counter not because of its business model, management or profitability, but because of speculative purpose...I don't believe in this counter at ALL, but I would bought into this counter whenever opportunity appears, speculative....
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....
talkrealreal
834 posts
Posted by talkrealreal > 2014-02-24 23:21 | Report Abuse
We need to look at their employment policies , it appears that the airlines staff s are over presented with one single race in a multiracial country .i don't want to put it as RASCIST employment policy,Maybe a more fair & just racial composition may be helpful to improve the service. Merit employment with less emphasis on race should led MAS MORE COMPETITIVE IN MARKET PLACE.