10% is minimal. if wanna know how much is the possible margin, check the book value of the land where elevia is sitting on from annual report a few years back. i am sure it is recorded with very low book value, meaning the margin can easily go up to 20-30% for this project

elevia almost sold out. 120mill gdv assume 10% margin, that's around 10mil for one launch. there are another 3 launches this financial year

don't forget 20million per annum until 2017 from sale of quarry land

in short, in-flight catering is an industry that must be strictly "niche" in order to survive. low margin and limited market. i wouldn't be surprised if the 70% stake is sold back to mas at the end of the day

sometimes, you can't think when you are emotional. i know it because i was there. but i was luckier because i suddenly woke up asking myself why the heck am i holding shares in a company that is not showing any potential upside in the near future when there are other undervalued counters claiming new highs every now and then? think of the opportunity costs, and do you know that something is considered niche when nobody is interested in it? and why so? it's simply because the return is pathetic compared to the efforts. imagine what will happen to the margin if there is competition in this industry. this is exactly why syed mokthar is not expanding his capacity!!

for those who haven't sold, the MAS Act will jolt you up from your sweet dreams very soon. and if you are not too stupid to comprehend, this Mas Act could be the reason that prompted the management to come up with the idea of selling off the core business a few days ago. like you said, they are insiders

there are many undervalued property counters trading at attractive price today. at least they are without those uncertainties flying around mas and brahims. you may want to consider this option

i don't think they will terminate and compensate. some kinda of negotiation will happen, to pursue a long-term working relationship, i guess. even if compensate, you have to consider the debts as mentioned by tommyzai. the main point here is the previous attractive contract with old mas will be sort of "renewed" with the newco. in what way, i don't know. it could be plain new contract or sale of stakes in BAC to newco. but either way, do you see any potential upside for this counter?

this implies new contracts will have to be inked for everything. and yet, some ppl could not understand this simple rule

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this counter drops because the fundamental is compromised!! not purely because of rumor and bad news!! WAKE UP!! in-flight catering is a niche business, but is it generating adequate return? you should be wise enough to realize something is not right when they are willing to sell off the core business. WHY SELL OFF WHEN IF THERE IS GREAT POTENTIAL IN THIS BUSINESS? being niche is one thing, and being able to generate adequate profit is another!

kalo ari ni mudajaya rm3, lu rang cari unker ke tak?

kalo lu rang ni cb mau cari "unker", "si tua" bile not making money, baik balik sekolah belajar aper tu self responsibility. tak sanggup nak tanggung keputusan sendili tu baik keluar. tak yah nak dtang sini cuber make money

nymar betul. greddym3 and Up_down . both of you can go fack each other. tak paham bahasa

pigi fap lu sendili. gua cakap self-responsibility, lu cakap making money. lu cb giler? tak paham bahasa?

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hey guys, we are adults because we are able to be responsible of our decisions. if mudajaya had shot up, are you going to share your profits with your so called "apek", "orang tua", "old man"?

lth also start reducing its stake despite having unlimited bullets

can't believe so many die hard supporters still saying "RESULTS NOT SO BAD"
speechless... coming quarter will be worse because of flight 17
rather than continue lying to yourself, ask yourself
do you really see any upside or earning surprise in the coming few quarters?
i would not be surprised if it trades <1.00 after two quarters
btw, there are many undervalued counters, if you really care to study
i have since recouped my >20% loss
no point haggling around with this counter, no future, at least in the next couple of years

caveat found on land purchased in seremban. sounds like mahsing kena cheat or overlooked the issue
http://www.theedgemalaysia.com/business-news/304624-update-caveat-found-on-mah-sings-purchase-of-1051-acres-land-in-seremban.html

not to blame those who recommended the counter because prospects were good. but unpredictable incidents happened, and you have to admit business is terribly affected since then. those who sung praises before will not come out and tell you how bad it is now, because they are emotional, holding huge chunks of shares, lost and unsure of what to do next. the only thing they can do is to console themselves, saying fundamental is still there. yet, the latest results prove them wrong. and NOW is the time that you guys start to decide if it is still worth holding. you can continue to hold for a couple of years and wait for the halal business to take off, provided you have unlimited bullets like LTH. if not, better wake up and face the reality. the latest results only factored in 370 effect. coming quarter could be worse, judging from the photos of empty mas flights circulating around the social media. my only word of advice is WAKE UP and FACE the reality. there's no point continue lying to yourself

yes, unexpected things happened. and you have to accept it. period.
and NOT continue lying to yourself

wtf, 18 months of work, and possibly earn only <3 cents...... good project
ok la. maybe i calculated wrongly, margin is maybe 20%. oops that's still <6 cents for...
6 quarters?? omg

gua harap lu rang dah pernah tengok gambar mas flight yang hanya ade dua tiga rang passenger

jangan luper result ni hanya 370 effect. 17 effect belum kire lagi. kalo kire, lu tau la aper crita

WAHAI KAWAN. BANGUN LA. INSAF LA. JANGAN NAK TIPU DIRI SENDIRI LAGI TU

HEIRAN. ADE ORANG MAU TIPU DIRI SENDIRI

heiran la. rang kate tu outbound kl tu pilih airline lain. kalo tu, supplier brahim jugak
tapi still, habis... result ni teruk!!
kalo ni, visit malaysia 2014 tu fail. dah tarak orang datang
nasib gua kasik jual awal awal
yang tarak jual lagi tu, jangan nak TIPU DIRI SENDIRI lagi
kasik potong. DAH SALAH TU TAK PER, ASAL INSAF KASIK POTONG

gua recap lagi. gua BUKAN fund manager tau!

lagipun, kyy tu shareholding kat april 30, bukan julai. pas tu dah tak de tukar. hanye ng ying loong kasik jual 3 bulan ni

gua ni bukan fund manager, tapi gua ade latest shareholding changes. dah tiber mase lu tukar broker. gua pakai cimb. basic feature tu. kyy ade 9,689,700(1.8%). rank ke-6. LTH ade 53,865,500(9.99%). rank ke-3

wtf. jala tu tarak buat aper aper. jual aset, kreatif akaunting tu gua pun tau. kalo jala tu btul btul pandai, balik lah mas habiskan kerje die. dah kecut tu dengar mas mau tarik die balik. cepat cepat cakap tarak hal, mau terus jadi mentri. lu rang jangan mudah luper. mase jala kat mas tu, die beli minyak 2 3 tahun ahead kat harge rekod 140 USD per barrel kat 2008. pas tu aper jadi? harge minyak 2009 tu brapa? 30USD je. so jala tu tolong mas ke?

gua kasik lu rang tau
namer kampeni kasik gua TLC
kasik name lain lagi baik. tukar fengshui

heiran la. rm151 mil is a lot? tengok tu margin 5 tahun jatuh 24% sampai 4% saje. ok la. ambik purate tu lebih korang 10%. 151 mil tu 15 mil je. eps tu <3 sen je. lu rang siao a?

wtf tu rm5 ringgit satu share pun mau

i only got 50k shares
pls stop recommending

the world is full of nuts

tiu la seng, siu la ba
profit drop but everyone queuing to buy high

nymar, why everyone buy at 1.18
wait lower mah

mfarker, wtf queue again

good!! 1.18 hit all
now 1.17<
come to papa

sell sell sell
profit drop already
fast fast sell sell sell
i am queuing to buy 50k units at each bid
lai lai lai mali mali mali home

that idris fella rather die than go back to mas coz there is no more assets to sell
he did nothing when he was with mas, and yet was reported as "someone who brought mas back to profit within two years". total BULLSHYT. puiiii!!
imagine, how much the assets would have appreciated if mas did not sell them off and embarked on other fund-raising methods or cost-cutting measures 6 years back

mas continues to fly with EMPTY seats at the moment
http://www.news.com.au/travel/travel-updates/higher-commissions-fewer-passengers-the-struggle-to-save-malaysia-airlines-deepens/story-e6frfq80-1227032981979

LOL. lawak ni
lepas merger biggest bank in SEA
tapi kelakar ni internet banking tak boleh pakai overseas
bodoh sial
internet banking malaysia, hanye maybank2u boleh pakai smoothly kat mana mana
lain lain tu, jaguh kampung

LOL tiu la seng siu la ba. sau pei la cb cbc. lai ham wo lei lin

tarak boleh

tiu la seng
lalat sial. lu bsing lagi gua kasik cucuk lu punya bu

nah. jangan nak pura pura. lu tau ade brapa share tu
cash per share tu brapa? banyak ke? LOL

dah la tarak point nak supot lu punya cash rich agumen
mau rang lain tunngu pulak? LOL
SORE LOSERS