MALAYSIAN AIRLINE SYSTEM BHD

KLSE (MYR): MAS (3786)

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37 people like this.

15,107 comment(s). Last comment by wallstreetrookie 2020-04-18 11:57

hng33

20,488 posts

Posted by hng33 > 2014-10-21 09:38 | Report Abuse

Sai lan all available capital, bought max MAS, all at 25sen

prahadude

90 posts

Posted by prahadude > 2014-10-21 09:45 | Report Abuse

Bought 0.25

hng33

20,488 posts

Posted by hng33 > 2014-10-21 09:54 | Report Abuse

At 25sen, margin of safety at 8% return is high, next month EGM if approved, MAS share likely to close gap to at least 26sen compared to privatize price offer 27sen.

kimkowlee

562 posts

Posted by kimkowlee > 2014-10-21 10:09 | Report Abuse

Anybody know the volume so high today? When is the privation going to happen?

hng33

20,488 posts

Posted by hng33 > 2014-10-21 10:51 | Report Abuse

MAS today volume is more than 10x higher than last few days, it offer rare opportunity for investor to invest in 25 sen, target 27sen, a 8% return in 3 month.

MAS is having EGM on 6 Nov to secure shareholder approval to privatize MAS at 27sen. Once approved, the privatization will be complete within 3 month

ganasai

1,671 posts

Posted by ganasai > 2014-10-21 11:03 | Report Abuse

haha... 8% return? how about fail? if most people vote 'NO'? then what is the consequence? still too early to say got 8%.

ganasai

1,671 posts

Posted by ganasai > 2014-10-21 11:04 | Report Abuse

dont forget still a lot of people buy at high price. They may not will to sell on this 27c.

hng33

20,488 posts

Posted by hng33 > 2014-10-21 11:20 | Report Abuse

Exactly, if shareholder demand higher offer price, and Khazanah may grant revise higher price, then shareholder can reap even higher return than 8% if 27sen stand, 20% return if revise to 30sen. Therefore, the downside risk limited.

hng33

20,488 posts

Posted by hng33 > 2014-10-21 11:23 | Report Abuse

Recall, MAS last year issue right share at 23sen, 4 right for every 1 exiting share, therefore, many long term investor holding cost on MAS already average down substantially.

BuLLRam

1,104 posts

Posted by BuLLRam > 2014-10-21 11:27 | Report Abuse

minority shs shud reject it n wait for a higher offer lohh...

mercer

3 posts

Posted by mercer > 2014-10-21 12:32 | Report Abuse

"Sell all your MAS. Sell twice if you can. Below 0.25 soon," my mother-in-law says

wairoon

6 posts

Posted by wairoon > 2014-10-21 18:11 | Report Abuse

how many % mas give your mother-in-low.

ramlimehat

225 posts

Posted by ramlimehat > 2014-10-22 01:20 | Report Abuse

27 cent as approved by Khazanah strategy.. why should worry about untung 8 or 10%.. we wait and see..
if egm will provide batter solution es 1 trip to UK or else.. batter to wait..

hng33

20,488 posts

Posted by hng33 > 2014-10-23 09:48 | Report Abuse

mercer

'Sell all your MAS. Sell twice if you can. Below 0.25 soon'.....how to sell twice ler !!?? MAS share look stable now, back by 25sen, may potential head toward 26sen when approaching EGM time

ghoyye

41 posts

Posted by ghoyye > 2014-10-23 13:39 | Report Abuse

Anyone knows the details for the EGM? Venue? Time?

hng33

20,488 posts

Posted by hng33 > 2014-10-23 14:32 | Report Abuse

All 25.5sen eaten up by strong buyer

ganasai

1,671 posts

Posted by ganasai > 2014-10-23 14:52 | Report Abuse

wah high volume, something special? Price revised? Or internal buy back? Impossible others goreng just for 1.5c only.

AyamTua

13,598 posts

Posted by AyamTua > 2014-10-23 17:06 | Report Abuse

SELL MAS ... BUY GLOTEC ... MASA DEPAN CERAH .... KIKIKIKIKIIIIIIIIIIII

Posted by Allenlfs > 2014-10-24 09:50 | Report Abuse

EGM on 6november ,estimated entitlement date on end of december

Meli wang

225 posts

Posted by Meli wang > 2014-10-25 11:42 | Report Abuse

EGM MAS on 6 Nov @ 10.00 am MAS Acadamy Subang Jaya.

Please make sure an Invitation for meeting..
See All there..

kito

3 posts

Posted by kito > 2014-10-27 16:19 | Report Abuse

how to attend?we need to apply or...?

hng33

20,488 posts

Posted by hng33 > 2014-10-27 16:51 | Report Abuse

Sold all MAS at 26sen, realize contra gain first

Meli wang

225 posts

Posted by Meli wang > 2014-10-30 03:08 | Report Abuse

Kito,,Invitation by MAS secretriat.. ( http://www.symphony.com.my/ ). please contact them.

pillay15

100 posts

Posted by pillay15 > 2014-11-02 18:56 | Report Abuse

I will vote AGAINST the resolution to privatise MAS for 3 reasons, even though many brokerage firms advise us to vote for it.
1. MAS paid every employee RM2,000 ex gratia payment as recognising their loyalty just after MH370 incident. There are 20,000 employees in MAS. No money?
2. Number of employees to be laid off is 6,000. Each will be paid UPTO RM250,000 as retrenchment benefit. No money?
3. MAS will move all its operations to KLIA after privatisation. The value of the land it is sitting on at Subang Airport is RM6 billion. Still no money?
All information appeared on different days in Focus Malaysia. I bought MAS at RM3. Others paid more. Should I accept 27 sen.All the hard earned money is gone. Unless they pay more, they will not get my vote. The analysts and brokerage firms must shut up because you are not the investor. Most shareholders are going to demand a higher payment.

ghoyye

41 posts

Posted by ghoyye > 2014-11-03 08:21 | Report Abuse

hear, hear! :)

faizkl

268 posts

Posted by faizkl > 2014-11-03 21:25 | Report Abuse

Guys, do u watch the news? They warn to the minority shareholder not to vote against the RM0.27 sen payment or get 0 value later on.. I know this is government and khazanah fault where they should have implemented this restructuring plan years ago, but instead they hired new ceo and new directors to put patches on MAS holes, plus the ceo and MAS directors need to handle stubborn unions.. I,m quite worry of this situation because i owned about 38K of MAS shares, i bought these shares since 2013 meaning above the current offer price..

Meli wang

225 posts

Posted by Meli wang > 2014-11-04 12:06 | Report Abuse

Better lose then fool..
For me .. 27 sen is dicided if say NO may get more then that.. If say YES only 27 sen.
For me ..minority is never involve wth MAS business but Mejority is to say YES or NO.. Now mejority push minority to subscribe the agenda..
If YES.. We YES .. That mean we approve and give power to people who maintain RUGI last 3 financial year...

Faizki.. This is provoc to subscribe for monopoly MAS.. MH370 and MH17 is debt in difference box..

See all at MAS Academy on Nov 6..

faizkl

268 posts

Posted by faizkl > 2014-11-04 19:14 | Report Abuse

Guys especially Meli Wang, please keep update of any development/info at here during the EGM meeting.. Please do so, i cannot attend the meeting because i dint notify my broker last week.. I already tell them that i want to attend but they said it is too late.. So i hope for your good gesture/generosity for sharing info..

pillay15

100 posts

Posted by pillay15 > 2014-11-05 08:43 | Report Abuse

Hi Faizkl,I am not clear what you mentioned. You said you bought the shares in 2013. But why do you need to notify your broker? And why did the broker say you cannot attend? The broker has nothing to do with you attending the EGM if you are holding the shares before October 23 2014. Roughly 2 weeks before the EGM.

faizkl

268 posts

Posted by faizkl > 2014-11-05 09:23 | Report Abuse

My broker is maybank IB.. They said i cannot attend because i dint notify to them 7days before the EGM, so they cannot send a request to MAS HQ for me to attend the MAS EGM because it is too late..

faizkl

268 posts

Posted by faizkl > 2014-11-05 09:30 | Report Abuse

FYI, I bought those MAS shares using Maybank CDS account.. Not using the Bursa CDS account like some of u did..

kwongliang

549 posts

Posted by kwongliang > 2014-11-05 10:42 | Report Abuse

why still so many people buy at 26 cents, since the offered price is 27 cents? they hope for higher offer from Khazanah?

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-11-05 10:56 | Report Abuse

whats happening?anyone knows?

my101home

197 posts

Posted by my101home > 2014-11-05 10:56 | Report Abuse

The 26 cents buyer should be the merger related company to make sure the deal will be put through tomorrow. For them buy in at 26 cents is definitely cheaper than 27 cents to be paid on later date

my101home

197 posts

Posted by my101home > 2014-11-05 11:19 | Report Abuse

pillay15, MAS never said it has no money and this was witnessed from its balance sheet. The point is it is burning cash fast because of the structure and huge workforce. If the delisted plan was cancelled, another round of cash call is expected and continuously to be losing money. Do you guys ready to put in more money for a loss making and burdened company? How much its intrinsic value is I think already reflected in the share price thru trading mechanism prior to delisting announcement. after 2 deadly tragedies, still can get back 27 cents I feel is quite ok. And no need to bother so much on future court cases.. This company has been losing money no matter in good or bad time, its current model just doesn't work.

maya1301

660 posts

Posted by maya1301 > 2014-11-05 12:48 | Report Abuse

Last minit revised price rm2.70

cassyee

1,018 posts

Posted by cassyee > 2014-11-05 13:36 | Report Abuse

MAS really will 除牌?6/11?

Meli wang

225 posts

Posted by Meli wang > 2014-11-05 15:43 | Report Abuse

Good news.. Revise price.. Welcome too..I am at Tapah otw to egm..

Posted by boyish_boyboy > 2014-11-05 16:05 | Report Abuse

Meli wang, you stay in North area? Now raining...so are you happy with 27sen?

pillay15

100 posts

Posted by pillay15 > 2014-11-05 16:54 | Report Abuse

my101home. Thank you for your comment.My request is MAS pay more than what they are offering.They are willing to take care of everyone but why not the shareholders who had stood by them so long. In today`s papers, (specifically, The Sun) the analysts are advising everyone to accept the 27 sen. One reason given was to protect the 16,000 employees, after retrenching 6,000 staff. What a joke? They are more concerned of the employees than the shareholders who put the money in. Remember, there is no employee without we shareholders. Anyway it is my view only. Those who think it is , please raise your hand to support the resolution. I will stick with my NO. How many of the analysts are actually holding MAS shares? They must put themselves in shareholders` shoes and think. MAS can delist or do whatever they want. But they need to offer the shareholders a higher price.Period.

Posted by boyish_boyboy > 2014-11-05 16:56 | Report Abuse

correct---> if offer 50sen are you happy pillay15

pillay15

100 posts

Posted by pillay15 > 2014-11-05 19:07 | Report Abuse

I would be willing to accept 54 sen. Double the offer price. All the CEOs came but only added to the misery of MAS. Khazanah has already pumped in more than RM10 billion so far. What is another billion for them.? How come the public is not questioning why MAS Board signed a 20 year contract with Brahims for food catering? No where in the world anyone signs a contract for 20 years. In case the resolution cannot be approved for delisting, I know I will NOT get anything. But I will be happy because I stood by my own principles. Everyone made money from MAS and now they are penalising the minority shareholders! Adding oil to the fire is all the analysts telling the shareholders to accept the offer - to save the jobs for the employees and the national icon(The Sun today).My God! What can I say further?

Posted by murtadzashah71 > 2014-11-05 19:25 | Report Abuse

All of you shld understand the risks of investing.

yaustan24

30 posts

Posted by yaustan24 > 2014-11-05 22:17 | Report Abuse

Vote against to show the strength of the minority shareholders. It is better to be a bankrupt company altogether. Minority shareholders only lose peanuts whereas Khazanah will lose substantially. The proposed restructuring is just an eyewash. There is a hidden agenda behind the whole episode. If the business no longer viable, why Khazanah wants to pump in more money to form NEWCO to continue operating the airline.

This is a total rubbish proposal on restructuring MAS. Tun M has said it right from the beginning that if they are capable to do it, why can't they do it with 67% controlling interests in the company. I have sent my Proxy Form last week to vote NO.

pillay15

100 posts

Posted by pillay15 > 2014-11-05 22:57 | Report Abuse

At last Yaustan24 has made right point.Thank you. Total rubbish it is all the way. Your analysis is correct - the hidden agenda.This has nothing to do with race or religion. Simple Economics.For me, the whole thing is another bull.Let the minorities stand by their principles. Just one last example. A few years, one MAS CEO/Chairman spent RM740 million just to refurbish the business class section. What was the result after that? Losses again.Disappearance and accident. Who has resigned? No one.Look at all the previous examples. MISC, HLFG, ECOWORLD and Bernas. They offered a low price and all the analysts told shareholders to take it up. We did not. See the price of the shares today except for Bernas which is delisted. ( Sorry, it is not today`s Sun but yesterday`s Sun -Tuesday- where analysts are telling us to vote yes). Today`s minority shareholders are smart and alert.Let the show begin.

pillay15

100 posts

Posted by pillay15 > 2014-11-05 23:02 | Report Abuse

Today a colleague called me and said on TV3, interviews were held with bankers and analysts who said it was very good to accept the 27 sen offer.Shareholders must consider national pride and save the national airline.What is happening? Why is there so much pressure on the minority shareholders? Where are we heading?

Stockker

289 posts

Posted by Stockker > 2014-11-06 09:13 | Report Abuse

It is easy for those who have no shares in MAS as well as the analysts to ask shareholders to take the offer.However, for those who have bought at very high prices and seeing their investments squandered and mismanaged, emotionally it is very tough to accept at this price.

Pandawong

139 posts

Posted by Pandawong > 2014-11-06 09:29 | Report Abuse

@ 27, Its a NO for me.

ghoyye

41 posts

Posted by ghoyye > 2014-11-06 09:53 | Report Abuse

Say minority shareholders voted against, what are the possible consequences besides revising the offer price and declaring bankruptcy? FYI I'm also in the NO team... Just couldn't attend the EGM sadly :(

ks55

4,221 posts

Posted by ks55 > 2014-11-06 10:10 | Report Abuse

Example if you don't vote in favor. Nothing is impossible, only a matter of save face or lose face.

Malév Hungarian Airlines was the national flag carrier and principal airline of Hungary between 1946 and 2012. It had its head office in Budapest, with its main operations at Budapest Liszt Ferenc International Airport. From there, the airline flew to 50 cities in 34 countries worldwide. On 3 February 2012, Malév stopped flying and on 14 February 2012 was declared insolvent and ordered liquidated by the Metropolitan Court of Budapest.

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