If Malaysia want to save face, it would be better to let MAS survive itself. That will be the best option for it to revive. Either let it bankrupt and restructure or sell to better management investor like AirAsia.
Pity MAS retail share holders. The price has been a nightmare ever since the OR issue. Rm4.00 same years back than below rm1.00 in a year and now below rm0.20 is very disheartening...
#Hot Stock* Brahim shares fall 4% after PM said possible to let MAS go bankrupt Monday, 19 May 2014 14:37 KUALA LUMPUR (May 19): Brahim Holdings Bhd shares fell today following Prime Minister Datuk Seri Najib Razak’s comments that it was “too late to save Malaysian Airlines Bhd (MAS).”
I think Mas may go for "protected bankruptcy" n get it delisted. Paper loss for share holders n wait for turnaround b4 re-listing. I belief with this move existing contracts automatically ceases secondly since no need to pay share holders n can settle creditors... can anybody elaborate further on this...tks?
is a gamble...if you believe that BN will save this counter, then can buy & keep...this is really a politic counter...sometimes, politic make no sense...
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....
walawalabingbang
176 posts
Posted by walawalabingbang > 2014-05-19 14:18 | Report Abuse
rofl