MBB IB last month fixed 22cts for Mas if goes for sale etc. Obviously the buyer will go for a lower price. The new owner of course need the existing trained employees to operate, n slowly will have to weed out the un productive employees n going forward reduce the employees. Cost factor staff salaries is only the tip of the expenditure n structural efficiencies need to be addressed. Union is good provided you dont have govt interference n the top guns must attend the situation professionally.... You need a talented CEO. Eventually the issues are not our business but whether the shares are worth buying? My 2 cts opinion anything below 22 cts just buy it is the cheapest penny stock in Bursa.
Mas 2014 year final account will expected to lose around 1.5b to 2b . If I'm khazanah i will let the price keep droping and announce to let it delisted and wait to buy back share on 0.005 cts , this will buy back share will Minimum cost .
things manage by shitty people will eventually fall 1 day. It wont happen immediately not because its running ok, its take some times to fall slowly, just because its size is big.
mas is a gold mountain for some special people, their companies make a lot of money from mas, just supply or a contact you will become millionair. so ask them what is the cost for the things or foods. so i agree mas must restructure, and change the new MD, CEO. This person must not relate to political at all. and cut employee is must too. lower the cost for management. otherwise gold mountain become rubbish hill. cos all the people business with mas had rob the gold.
I adopt a let's wait and see attitude for the next few days before deciding to invest in MAS should the price falls below 0.10 cents. What is your advice?
My dear friend it is not that easy,please speak to one of the Unionist in the country n he will explain to you. I was a Unionist n all our splinter union is affiliated to the world body n i do not wish to argue on this matter further... because it an education by itself.
Please read Starbiz PM already hinted of bankruptcy n not liquidation. Can anybody educate us on what is d progressive development if bankruptcy takes place. The reasonable price shall be 22cts, Khazanah can get some bulk cash n d shareholders too can get reasonable amount. So please dont confuse d shareholders....Govt will not sell less then 22cts.
If I hv this counter I will sell this counter n buy other counters. There r many other good penny counters the price low than as MAS now. Dont fell in LOVE with share. Something wrong just sell.
MAS' share price inched 0.05 sen higher to close at 21.5 sen on Bursa Malaysia yesterday with a market capitalisation of RM3.59 billion. The counter saw more buy volume at 291.08 million than sell at 128.98 million. Khazanah is MAS' principal shareholder with a 69.4 per cent stake. Its second-largest shareholder is Employees Provident Fund, with a 1.04 per cent stake.
Dr. Mahathir is right, how can a jet of that size just disappear in the thin air. Carrying 4mt of mangosteens n it is a seasonal fruit n now is not the season. Why Tun never mentioned about the mystery fruit n when he is suppose to be vocal.I have been receiving email like something else in the jet n mangosteen in an eyewash?
Ask Mahathir and family to buy MAS shares and manage n drop other non halal investments i.e.alchohol, also Daim etc thn can build one malaysia airline...if not no more malaysia sudah!
If MAS apply for bankruptcy protection, shares will be suspended. You need to pray very hard for it to survive, so that it can overcome the problem and be able to trade on klse again. Otherwise you are a permanent shareholder.
Thanks Andrea, now i got it, once declared "bankruptcy protection" Mas will be delisted n share holders will not get any cash but after turnaround n if re listed, the share holders can trade the shares. How long will turnaround take place? Now what happens if Mas is sold? PM hinted of bankruptcy so now share holders think carefully whether you want to hold the shares or sell..so please dont hold me responsible.. i threw my shares away. Share traders must watch the media carefully otherwise you are putting your head in the chopper.
u will b surprise, bankruptcy n no further gov invest is a call to bidders to proposed takeover or JV openly...so if we sell now at a lost, a Malaysian Hero will buy over during panic selling at low price, Maybe Air Asia as its results out Wednesday and related strategy...and than we hear openly MAS so called magic Turnaround plan by this month! this is the best time to call in buyers ..too much resistance last time round....Malaysia Boleh...Najib will label this 1MAS....
MAS problem is a good reflection of other GLC. The other GLC didn't loose $$ bec of the monopoly or Oligopoly position where the inefficiencies are transferred to higher prices to customers example TNB- raise the rate - red to black overnight. When public assets are converted to GLC , all the controls are gone. These GLC no longer need to under the scrutiny of the auditor -general so we ( every Malaysian is a shareholders of MAS through government investment arm) won't know crazy spending or abuse , if any. Yes the accounts were audited, but if you read the audit report - the company auditor only care the accounts reflects the situation - true and fair is the term used. True and fair did not cover whether there are abuse or fraud. If the MAS over spend 1B on maintenance and reflected according - it is still true and fair.
When a company with a lot of assets went bankrupt - who suffer & who benefit ? I remember a case where the manager /bosses who ran the company to bankrupt got all the assets back through so called "auction". Anyone in the auction market knew how it works. All the suppliers got 0, minority shareholders got nothing. banks - a bit through the auctions. Almost everyone suffered except the crooks who got good assets at dirt cheap prices.
Keywest was delisted n went for regularisation/RTO with a China compony n took 2 years to relist n was lucky to get back my capital. This is different from Mas just for your info only. Accounting technicalitiees you have to consult the accountant please dont get your hands burnt.
wont fall so low la..0.14, thats if within 12 mths they continue same bullshit, sleeping and eating pricing without buy in and re engineering plans....
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....
0007
1,134 posts
Posted by 0007 > 2014-05-18 11:23 | Report Abuse
Mas will be another transmile has been delisted