Ladies and Gentlement, this is your captain speaking, we are going down now, pls fastern your seat belt as we are expecting a rough landing at 0.05 cent soon. To all investor good luck and thank you for flying with us. To all Malaysian, welcome home!
It broke 0.20...Let's wait for 0.15 - 0.18. This counter going to be a speculated counter soon when the MP starts to debate bout it in the next parliament sitting in Mid June.
The best decision is to stay away from this counter. Any restructuring plan will only bring down its share price. Runaway now before it's too late. No investor will willing to pay higher price for such a deep trouble company with huge accumulated losses and many expected lawsuits coming in.
That would not happen as long as the bankers and creditors do not go after MAS. As it is a national carrier, they will allow MAS to do restructuring and pay back the debt slowly rather than sue for bankruptcy.
Dr M dah buat cadangan supaya MAS diswastakan kalau hendak berubah...tp depa tak nak dengaq...depa ni degil betul laa...throw away all ppl yang nak cari untung dlm MAS...setuju tak? Susun balik semua organisasi.....barulah MAS boleh untung...degil betul...berapa banyak duit kerajaan dah habis...aiyaah
Just downloaded the annual accounts and found it very difficult to compare to other airlines like SIA or AirAsia. Too much details were grouped/hidden for meaningful comparison. Two things stood out from the report: 1) increase in maintenance cost even with taking delivery of new planes in recent years 2) Sales increase less than 10% but marketing cost jump 43% salary were all lump together so it is difficult to say it was the crew /pilot costs high or may be there are too many adm /managers in the office...... ................................Gave up reading .......... May be individual shareholders should attend AGM and ask those VVIP some tough questions
if company went bankcrutpcy, money gathered from sale of asset will first use to pay off debt, the last remaining (if there is still money left) will only then distribute back to shareholder...so we will see what happen to share price on coming monday...
No matter how was the results, their staffs will get their bonus plus increments every year. this is private company but running with government system. That's the 'core' problem. The union & the cronies will make sure they sucked dry all the money in MAS.
What's wrong with MAS? negative things seems to be happening directly or indirectly involving MAS.
Gas leak at MAS Kargo storage room at KLIA MAS flight delayed as car rams into plane MAS flight bound for Bangalore makes turn back Probe ordered into series of MAS airliner issues London MAS flight rescheduled due to technical difficulties Fire breaks out at MAS avionics workshop in Subang Flying ducks hit MAS plane at Nepal airport
2 things will crop up over coming week 1: Share Swap revives 2: Big Crony buy in Airline after taking over most of the other resources existing....lets see!
They cannot let this go...its owned by Khazanah..that will proof total failure of the public funds directly...the show is for the lost sheep MH370 and to reduce claims and relations with the organization...
it just shown how good our goverment running MAS and our country. MAS bankruptcy will alert all people that Malaysia will follow MAS. Like it or not...it will happen with lousy management. for who to buy the MAS share actually is all gambling and take advantages of mis-management Malaysia goverment..is a sign. nothing right or wrong to buy.
News of MAS heading down to bankruptcy has created a divide among analysts and the company's employees union. The union’s chief, Alias Aziz, told WSJ that since MAS is a government-linked company, help from Putrajaya should be the way to go.
"We need the government to help us. We need them to help us to serve our customers.
"We're a government-linked company. We should get the help we need," he said.
Union should always work with manangement on how to improve the company efficiency and give better suggection...it end up this union always think goverment should help MAS....Goverment is elected, we Malaysian is the one who pay goverment salary hoping goveremnt can setup a better country..not to feed people who don't know to work. Union head should be the one step down for failure to work with MAS management team
Personal opinion: 1. Cash + FD on hand rm3bil. 2. Engineering unit + firefly + airport terminal service + brahim = rm4.5bil 3. Trade & other receivable (long + short) = RM2.5bil
But of cos...MAS had several debt also 1. Trade n other payable = RM2.6bil 2. Borrowing - short term rm1.5bil 4. Sukuk - rm1.5bil 3. Borrowing - long term rm10.3bil
Not this fast la....maybe another 6month to go for bankruptcy hahaha....
Most people only talk rubbish when price dropping..will buy if below bla3..will bankrupt if drop again below bla3..but the truth maybe those people have bought it at higher price and now only know to curse brainlessly..
Jabbarullah said the union would stage a protest against the plan at the MAS Building in Subang Jaya on May 26 because "we really think that the unit is important to MAS".
well, the Malaysian Government already given up on MAS from the words of PM to a foreign paper. What are you guys waiting for, there will be fire sale soon!!!!!
Its a good time to buy and keep...As long as GLC, govt will assist MAS in term of cash injection or ask somebody to buy...so the lowest price we can keep is better. I dunt ever think MAS will bankcrupt but somebody already do their job to press the price down...
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....
88et88
266 posts
Posted by 88et88 > 2014-05-16 17:17 | Report Abuse
Now 首相納吉 give comment. :), Cant understand why they want to do that. :)