10c soon after all the class actions. Gov wil take this opportunity to let it bk n privatise it. Shareholder holding 100,000 lot n above get free kfc vouchers.
I think bn federal govt wont let it file for bankruptcy. to save face and prevent pr to use it as a political issue involving rakyat's. likely to sell it to private parties, merge with other airlines or absorb by airasia ( no issue with anti comprition acts, etc etc as we have malindo n other foreign airlines here n also open sky policy in asean in 2015 if not mistaken. :)
Malaysia is in grave danger from boycott.....Mas flight empty, VMY cancelled due to Lack of Chinese presence .....what next, pull out by Chinese investors, Ausie and American if continue, friendship will be strained.
It is high time the Malaysian Govt being put to test on global standard but it is also unfortunate and tragic that the cost has costed the lives of so many innocent people. My heart goes out to the family members of MH370.
Just seen an interview of MAS CEO with BBC and it looks like he "intend" to resign at a later date ??? Maybe he is equally disappointed the way how Govt handle this saga so poorly !!!
Not only MAS affected, those GLC banks RHB, Maybank, CIMB provided loan to MAS will also affect, loan going to due on 2022, another 8 years, if cannot improve by then MAS can fly to Holland.
Tourism sector in msia willl be affected badly , not only airlines. Multiplier effect from tourism sector is great to the msian economy. If nothing is changed, not only mas or duit rakyat suffered but the rice bowl of the ordinary rakyat
These 2 years (based on AirFrance tragedy) MAS will battle lawsuit provided they found the black box and wreckage, until MH370 settle and ppl start to forget this tragedy, MAS will never go back to normal, normal mean still lost making, so only time will tell when they going to pay all 12 billions loan some in USD with decrease ringgit value and increasing fuel cost.
According to BBC News from the interview with MAS CEO, he was ONLY given 30 mins by the Govt to inform family which is just another CLASSIC of our Govt ..... form yr own conclusion !!!
While awaiting contribution form Insurance, where is MAS getting millions of $$$ to pay the current cost ; initial payment to family and charges from other countries providing expertise etc etc ........... coming weeks shares price could be nose dive too !!!
It's easy for suddenly-know-it-all armchair experts and analysts to start pointing fingers left, right and centre. But nobody can be 100% certain that he is pointing that sore finger of his in the right direction.
If it was a terrorist act or a hijacking, do you blame the government of Malaysia? Did anyone blame the US government for WTC?
If it was an accidental explosion which caused de-pressurisation and loss of oxygen, do you blame the government of Malaysia?
Did the French people blame the French government for that disappeared Air France aircraft that plunged into the sea that time, only to be found 2 years later?
Dreamhunter Bro, its how they handled the whole situation. Nothing to do with blaming. Unprecedented has nothing to do with not sharing data and sharing late. Have the MAS personnel share the content of the cargo? Is not difficult to confirm because its all tag nicely
another serious implication Syarikat penerbangan Malaysia Airlines dan pengeluar pesawat Boeing 777 yang digunakan untuk penerbangan MH370 kini berdepan dengan tindakan mahkamah.
Laporan Reuters menyebut, bapa kepada salah seorang penumpang penerbangan tersebut memfailkan petisyen untuk mendapatkan bahan bukti dalam kes kemalangan tersebut.
Firma Ribbeck Law dari Chicago, Amerika Syarikat dalam satu kenyataan menyebut, petisyen untuk memperoleh bukti berkenaan difailkan ke atas Boeing Co dan Malaysia Airlines yang mengendali penerbangan itu.
Firma itu mewakili Januari Siregar, bapa kepada Firman Chandra Siregar – salah seorang daripada tujuh warga Indonesia yang menaiki penerbangan tersebut.
Menurut firma tersebut, petisyen yang difailkan di Cook County, Illinoie Circuit Court itu bertujuan untuk memperoleh bukti berhubung kemungkinan kecacatan rekaan dan pembuatan yang mungkin menyumbang kepada kemalangan itu, lapor Reuters.
Peguam yang mengetuai kes tersebut, Monica Kelly dalam laporan itu menyebut, pemfailan berkenaan adalah permulaan kepada saman berjumlah berjuta dolar oleh keluarga penumpang terbabit ke atas MAS dan Boeing.
“Kita percaya kedua-dua defendan yang dinamakan bertanggungjawab ke atas bencana yang menimpa penerbangan MH370,” katanya.
Pesawat Boeing 777 gagal dikesan tidak lama selepas dari Kuala Lumpur ke Beijing pada 8 Mac lalu.
Perdana Menteri Malaysia Datuk Seri Najib Razak pada hari Isnin lalu menyimpulkan, penerbangan pesawat berkenaan berakhir di tengah perairan selatan Lautan Hindi, di kawasan terpencil yang jauh dari sebarang daratan.
Pihak berkuasa MAS turut mengumumkan bahawa kesemua 239 orang dalam penerbangan tersebut dipercayai telah meninggal dunia...M'SIAKINI
Institution money will support as politician don't need another headache let MAS out of public sight first,, buy for vey long term maybe can . Sell to imdb lah and merge with Emirates
For mh370 incident, even mas may not need to bare any responsible on it, but its still will affect its business. It already losing money for years, but there still people have faith on this counter? Yes, the government won't let it die, doesn't mean gov will fund good enough to let mas to perform and gain profit, at least it won't profit in short term, maybe not in long term as well. The best they can do is just like mas survive, cause it they capable to make mas runs better, mas won't losing money for years after funding them so much money. Never know gov may abandon mas 1 day, when mas no longer useful for gov, you just can't trust the gov.
ThambiPower, for a yet-to-fully-emerge 2nd world country with a puny 30-aircraft air force, we haven't done that badly. Try to be a bit more positive about things.
Honestly i think Malaysia is being warned from above . How can so many almost accidents happening after MH370. 2 may be coincidence but 4 is something else
Dream Bro, I think its all about intelligence in searching. We are taking everything from Boeing and RR and they blame China for wrong information which sidetrack their search. Vietnam also found something, so did China, Autralia why blame the size of the aircraft fleet?
HELLO WORLD, HERE'S PROOF OF UMNO-BRED STUPIDITY: Lawmaker wants Internet CENSORED to calm Chinese anger over MH370
KUALA LUMPUR - Putrajaya must restrict information on the Internet about Malaysia Airlines flight MH370 to protect Malaysians from the rage of Chinese families who lost their relatives to the doomed plane, Datuk Bung Mokhtar Radin said today.
According to the Kinabatangan MP, continued bad news about the plane that is now assumed lost with no survivors among the 239 people on board could move Chinese citizens to take out their anger on Malaysians abroad.
“With our uncontrolled media, everything can be uploaded to their heart’s content. What will then happen?” Bung asked in Parliament today.
“What will happen if Chinese citizens believe in such issues? They will riot and torture any Malaysians wherever they are. We don’t want this to happen.”
Bung made his remark when he, as a representative of the Barisan Nasional Backbenchers Club, was debating an emergency motion on MH370 proposed by Prime Minister Datuk Seri Najib Razak earlier.
Najib this morning submitted an emergency motion in Dewan Rakyat to mourn the fate of passengers and crew on the missing airliner, expressing Putrajaya’s condolences over the incident.
The emergency motion was seconded by Arau MP Datuk Seri Shahidan Kassim. Representatives from the main parties will debate the motion today.
This comes as scores of angry relatives of the Chinese passengers aboard flight MH370 set out on a protest march to the Malaysian embassy in Beijing today to demand more answers about the fate of the missing plane and those on board.
Around 200 family members, some in tears, linked arms and shouted slogans including “The Malaysian government are murderers” and “We want our relatives back”.
The move to protest outside the embassy took place hours after relatives reacted with grief and anguish to Malaysia’s confirmation late last night of their worst fears about the flight.
China has demanded that Kuala Lumpur hand over the British satellite data that led it to conclude that the Beijing-bound Malaysia Airlines flight crashed at sea and that none of the 239 people aboard survived. Two-thirds of the passengers were Chinese.
The Malaysian Communications and Multimedia Commission announced in 2013 that it has blocked 2,753 websites for violating the Communications and Multimedia Act 1998 and other regulations last year. -Malaymail
Former MCA president, Ong Tee Keat, recently called on MCA to accept the truth about Kajang by-election. Some of our readers' commented on this as well:
1Mockery: It is not that MCA alone was rejected by voters but BN as a whole that was rejected.
It’s just unfortunate that Kajang voters are largely educated group, apart from some old folks who feel that only Umno or BN is the only party that can run the country.
Going by the trend, BN is in its last few years in power. The old folks will soon be gone. The younger more educated ones will form the bulk of the voters.
My 30-year-old son was in Umno Youth a few years back. Where he is now? PKR.
We were cheated by the Malaysian government, claim relatives
BEIJING, March 25:
Tensions ran high as grief-ridden angry relatives of the Chinese passengers aboard the missing Malaysia Airline flight MH370 protested outside the Malaysian Embassy here today, demanding answers from the airline and accusing the Malaysian government of not disclosing information to them.
A horde of family members shouted “Malaysian government has cheated us” and “Malaysia, return our relatives” as they marched peacefully and held banners during the protest.
Police formed a human wall outside the embassy, preventing them from entering the building.
The relatives held signs that read: “MH370, Don’t let us wait too long!” and “1.3 billion people are waiting to greet the plane”. They wore matching T-shirts that said: “Best of luck to MH370, return home safely”.
“We’ve waited for 18 days and still, you make us wait. How long are we supposed to hang on?” a woman surnamed Zhang said.
Photographs posted by Chinese media showed protesters holding banners that said: “Malaysia Airlines! You owe us an explanation”.
An Malaysian embassy official said “we are still handling this matter, and have yet to release any information publicly”.
Earlier, a statement from family members had denounced the Kuala Lumpur government and its national carrier as “executioners”.
Most of those on board the scheduled Kuala Lumpur to Beijing flight were Chinese.
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....
LATO' SELI
394 posts
Posted by LATO' SELI > 2014-03-26 07:27 | Report Abuse
Those still keep shares of this counter will kantoi