Never mind that MAS is undercutting fares, reducing its yield (the return on its available seats multiplied by kilometres flown, a measure of pricing) even as it fills up its planes to unheard of levels in terms of load factor (a measure of capacity utilisation), as explained here.
Never mind that it continues to lose money as it persists with this insane pursuit of loading up the planes cheaply, charging fares often lower than those of budget airlines.
Never mind that it cuts corners as a full service airline to satisfy this insatiable craving for better capacity utilisation.
But why, oh why, do you have to scrimp and save and do something so sacrilegious as to heap insult and injury upon one of our national dishes loved by one and all Malaysians, yes, the humble nasi lemak?
How can you serve Malaysia Airlines’ customers a “naked” nasi lemak when no one down on terra firma would dream of doing that?
From the Brahim's Group website: "In 2003, Brahim's Airline Catering (formerly known as LSGB) entered into a catering agreement with MAS, for the exclusive right to supply and provide in-flight catering and cabin handling services to MAS at both the KLIA and Penang Airport." BAC is 70% owned by Brahim's and 30% by MAS. It's founder and executive chairman is listed as "Datuk Ibrahim Hj Ahmad" but his full name is Datuk Hj Ibrahim bin Hj Ahmad Badawi, he's the brother of Tun Abdullah Badawi.
A merger and acquisition could be in the offing, as the recent announcements on the tie-up with Labuan Halal Hub Sdn Bhd and Japanese airline ANA Holdings Inc involved the provision of halal meals. Dewina Food Industries Sdn Bhd, a Dewina subsidiary, provides Brahim’s ready-to-eat meals and sauces.
DOCTOR NAZRI KHAN OF AFFIN BANK,, RECOMMENDS THIS STOCK STRONGLY..KEEP IT AT LEAST FOR 2 YEARS HE SAYS IT CAN BECOME THE NEXT POWERROOT OR SAPURA KENCHANA... POWERROOT N SAPURA KENCHANA ALSO THEY RECOMMENDED FEW YEARS AGO
air asia publish a advertisement to taunt mas saying their nasi lemak has everything inside and not as plain as MAS ... air asia supplier is who ? also brahims right ? so now whose problem ? MAS or brahims ?
having klia2 does not mean higher profit for Brahim? same no of carriers only from lcct transfer to klia2. .... unless more planes and more no of carriers of full service landed in klia2 it could be different. any ideas?....
@traderman, ....need support to justify to invest. If this ctr has divdn & bonus would be a plus factor. i couldnt trace them or mid term trading would be safer? any other good news we dont know that pushing it up or is it just about sentiment driving it high?
the reason why brahims is push up is people foreseen good income for coming years after the launch of KLIA2, tied up with japan airline for the halal food service to the arab airlines and the sugar factory, stock price is moving ahead of the future, 1 day later when you see brahims with low PE, start giving dividend, and only you decide to invest, that time is very late already as the good news already factor in to that time price ... just like alam, receive a lot contracts recently but did it go to 2.0? no because people already foreseen this and people already start buy it from 50 cent last year. still, if brahims next result out and is not up to expectation, massive selling will happen so trade carefully at your own risk.
read in news today about 2 tranches of shares taken by Govt Linked companies @ RM2.25.... and about some possible Merging? Merge with who? What is the purpose?
RM 4 is possible. This company is making good money with increased revenue. Why cant the share price go up ? Holding for 4 mths now and d price is almost stagnant !! EPS is record high !
kikikiii ... zylkron ... see how la , b4 july 80 % i sell , and wish dont need to wait till july la . ..this is 1 of my gigi besar . all the best to you and investor here ..
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....
traderman
7,854 posts
Posted by traderman > 2014-02-06 22:20 | Report Abuse
share price is performing ... so people expect good result ... still only insider know and we retailer only can see from the share price