another multi-million project signed to reduce expenses? How come they don't review the Brahim contract if they want to reduce expenses? Procuring from a company but with a term "non negotiable".... Expecting further drop on this pariah counter, waiting at 0.14c
Nur Jazlan noted that MAS was managed by a group of highly paid professionals, who were tasked with the board of directors to turn around the national carrier.
NOW. ALREADY HAVE THE RUMOUR THAT THE POLITICIANS WANT TO reorganization the mas. is that true? By the way, every morning, there always a small rise in mas. Is someone collecting and keeping the shares?
after privitisation....no more loop sided contracts, and the union can go to hell because the staffs are too abundance ...many will be fired...exceeding the optimum requirement
but who cares? what matter is ...we will make profit...but need a very very big consortium to buy mas
PAC will not investigate Malaysia Airlines CIMB Daybreak - 05 March 2014
The Public Accounts Committee (PAC) will not be investigating the RM1.17bn losses suffered by Malaysia Airlines (MAS), said PAC chairman, Datuk Nur Jazlan Mohamed. Nur Jazlan, who believed that the losses were due to poor management, said the national carrier's board of directors and its majority shareholder, Khazanah Nasional Bhd, should be answerable to the public. "The losses should not happen as the airline is run by highly paid world-class professionals, has a great board of directors with vast knowledge of the industry and is backed by Khazanah," he said. Speaking to reporters after chairing the PAC meeting here yesterday, Nur Jazlan said: "They need to explain why they have failed to come up with a rescue plan as it is costing the government heavily with bailouts." He questioned why MAS has a difficulty to be turned around. (BT)
----
a very good news ...mas will be back to 33 cents !!!
Good news?.. It's like they have not even found the sickness and they can't give the medicine. I will wait another 3 quarters before buying. Obviously MAS , has not rescue plan in place. Bleed , continue to bleed and waste tax payers money
Khazanah's mohktar said, can turnaround quickly if yield n productivity r improved. But unfair contracts with suppliers, staff unions and excess must be tackled according to many experts haha
MAS can turn around if review all top people's salary and allowance and remove those redundant top level people and those cr..... parked there. Bet you all very high pay....Has already done much to reduce cost else can reduce????
If I am not wrong, S'pore Airlines C.E.O is a Malaysian...and doing very well churning profits for S'pore Airlines. Their Profit before tax for (for 9 mths) 2012/2013 was SGD440.7 million and 2013/2014 was SGD460.8 million.(Unaudited). MAS did the other way round to be different ?
Datuk Nur Jazlan (PAC Chairman), who believed that the losses were due to poor management, said the national carrier's board of directors and its majority shareholder, Khazanah Nasional Bhd, should be answerable to the public. "The losses should not happen as the airline is run by highly paid world-class professionals, has a great board of directors with vast knowledge of the industry and is backed by Khazanah"
Highly paid world-class professionals ??? So , why losses ???
My thoughts is MAS will not go down since too much at stake ie Besar Kemaluan mehh..the only way now is up and i bet, the govt will ensure that MAS stay afloat, cum wat may..
mas must retrench the surplus staff... review the pay n benefits, shorten the reporting line with simplier title etc to make it leaner as a competitive airlined
the best is to let the private entity to run mas. for politicians, not their own money right? :)
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
bjgdila123
3,470 posts
Posted by bjgdila123 > 2014-03-04 17:53 | Report Abuse
tunggu 0.19