Posted by devilnevercry > 2013-04-12 09:06 | Report Abuse

Shit, collapse. Sell sell sell.

Posted by cherry tomato > 2013-04-12 09:09 | Report Abuse

down to buy again, up sell. to let people got extra cash to buy their right issue at 23 cents

Posted by sephiroth > 2013-04-12 09:17 | Report Abuse

rights share 0.23, king of penny stock that rule them all have emerge

Posted by devilnevercry > 2013-04-12 09:17 | Report Abuse

Not sure if 2nd phase selling after lunch / next week. For those who want to exercise rights issue becareful. Might drop again after right issues

Posted by sephiroth > 2013-04-12 09:26 | Report Abuse

13.36 billion rights shares, one of highest no of shares in the world

Posted by Hustle > 2013-04-12 09:45 | Report Abuse

tp 0.23 hehe

Posted by iafx > 2013-04-12 09:51 | Report Abuse

exercise right very close to post-election, the most uncertain time.. very bad timing

Posted by phyroxus > 2013-04-12 10:08 | Report Abuse

usually how to buy right issue?

Posted by Hustle > 2013-04-12 10:23 | Report Abuse

well no risk no gain,if you already call until last card just trust the dealer

Posted by phyroxus > 2013-04-12 10:39 | Report Abuse

kenanga and rhb short ni, still rate 1.0 for penny MAS

Posted by devilnevercry > 2013-04-12 11:35 | Report Abuse

Someone is buying it up. Another drama to trap us to sell?

Posted by andychucky28 > 2013-04-12 11:39 | Report Abuse

sold all at 0.78. wait again.

Posted by masline > 2013-04-12 13:13 | Report Abuse

Beware of false price breakout from Mas. Once identify price rebound above $0.82 from current level, effect your exit strategy. For those who insist to have this ill-operational efficiency aviation company as favourite, enter again at below $0.32 during this period: May 1st to June 7th 2013

Posted by Lawrence Kwan Vui Juin > 2013-04-12 17:55 | Report Abuse

Got someone can clearly explain abouth the right issue?? Its mean if got 1 lot of mas share can buy 4lot of right issue share which is 0.23 per share?

Posted by phyroxus > 2013-04-12 18:14 | Report Abuse

It should be if you have 1 shares can buy 4 right issue at price 0.23 each

For example: you today bought in 1000 shares at price 0.8 and the price stagnant until the ex-date,
You entitle to buy 0.23 * 4 * 1000 with price $920

This will average down the total shares prices when the OR start trading.

means your share price is (0.8 + (0.23 * 4) / 5 = 0.344

Mas book the value price on 10th Apr in which it is 0.82 that equavalent to issue price 0.35

Hope any sifu correct me if i am wrong.

Posted by angkor > 2013-04-13 04:49 | Report Abuse

During the rights period the share price will rise further.. and it will create a lot of interest

Posted by Khairun Najib > 2013-04-13 05:53 | Report Abuse

Rise further? then what happen to MAS today? why the sudden plunge?

Posted by masline > 2013-04-13 23:57 | Report Abuse

Rise Further? Fully agreeable with K Najid statement.. Any rise, if any, shaLOw cost carrier ll be very minimum & short-lived, & such rise is termed as False Breakout. Consider MAS negative factors: 1) Intensive competition from legacy carriers & Low cost carriers such as Malindo Air, 2) High Jet fuel Oil Price, 3) Risk of ill operational management 4) such hugh Right Issue presence a great dilution impact to future earning of Mas. 5)Fund & Institutional players will shy away from the Mas. As mentioned, once there appear any false breakout to $0.82 & above (from current level), sell call without hesitation

Posted by Khairun Najib > 2013-04-14 06:21 | Report Abuse

I like your last statement. When the price passed 0.8, just sell it. I know a lot of people who had huge lost from Friday's sudden plunge,cut lost above 0.8 to minimize lost is a wise move. But then we don't know what will happen next week, will it recover or continue plunge down the drain.....

Posted by masline > 2013-04-14 10:01 | Report Abuse

Listen! Listen! Listen!Share trading is a probability trading. The chances of declining is higher than advancing, in view of the hugh shares float & negative aspects over-ride positive aspect, there are little chance of breakout, except rebound. Such rebound is termed as false breakout which is non-sustainable. Are you Ready???

Posted by chengwah > 2013-04-14 11:37 | Report Abuse

according to phyroxus calculation of avg price 0.344/share, MAS share price will be < 0.344 after the right issue exercise. If want to hold MAS share, buy in after the right exercise.. or < 0.344

Posted by phyroxus > 2013-04-14 13:14 | Report Abuse

dont forget this only factor in the market price stagnant as 0.8 until ex-date. Price may go lower and issue price sure lower.

Posted by Lawrence Kwan Vui Juin > 2013-04-14 13:52 | Report Abuse

Now means hold 1lot can buy 4lot right issue share. Or. Hold 4lot can buy 1lot right issue share?

Posted by phyroxus > 2013-04-14 14:50 | Report Abuse

1 share can buy 4 right issue = 1lot can buy 4lot right issue
Think can buy more perhaps.
Take out money help mas pay back debts.

How to buy, i also want know, who can tell?

Posted by chengwah > 2013-04-14 18:34 | Report Abuse

issue price already fix @ 0.23. Will not go lower I think.. depends how many shares u hold. If 10000 shares means 40000 rights max u can buy. u can buy less. Broker will contact u when the rights is available for purchase..

Posted by Lawrence Kwan Vui Juin > 2013-04-14 19:34 | Report Abuse

Phyroxus...my broker told me that mas will sent us the application form then we need submit the form to certain address

Posted by Hustle > 2013-04-14 20:20 | Report Abuse

masline believe me your bet must be made before 6 May,there's no chance for you to buy after right issue,this is the fun of the game.Either win big or lose.

Posted by phyroxus > 2013-04-14 22:14 | Report Abuse

I am not sure what term i should use. To me @0.23 is right price, issue price is the future mother share price when the right is exercised. So if current price go lower to 0.7, the future price (issue price ?!) will be < 0.35, perhaps 0.3.

I still think if khazanah not support the current price now, the shares on their hands sure will dilute lot when rights run.

Posted by phyroxus > 2013-04-14 22:17 | Report Abuse

Thanks Lawrence.

Posted by phyroxus > 2013-04-14 22:19 | Report Abuse

Look like this is the 7th time MAS ask for rescue...

Become penny shares only khazanah (Big shark) or maybe EPF only want go cook, no other FM interested already...

Posted by Junglestock > 2013-04-14 22:32 | Report Abuse

Anyway good to buy at 23 sen, let's ride with MAS till rm1.50!!

Posted by eagle > 2013-04-15 09:30 | Report Abuse

Hustle, why no chance to buy after rights issue?

Posted by Hustle > 2013-04-15 09:43 | Report Abuse

Are you sure the open price will 0.23 after right issue?
Possibly will be higher or lower than 0.23,that's why you cannot wait until all settle down then you start to invest,since the kick already gone.

Posted by cherry tomato > 2013-04-15 09:48 | Report Abuse

might be lower unless push up by Khazznah in order to sell their share.

Posted by Hustle > 2013-04-15 09:53 | Report Abuse

Haha this one I dunno really, I'm not either MAS or Khazanah director :)

Posted by cherry tomato > 2013-04-15 10:10 | Report Abuse

u can refer to UEMland as case study. EPF bring the share price up then disposed their share in UEMland. now EPF no longer substantial shareholder the share price imediately plunge.

Posted by Hustle > 2013-04-15 10:39 | Report Abuse

UEMland current price not bad what?

Posted by cherry tomato > 2013-04-15 10:42 | Report Abuse

if u ready check when EPF hold that time is from 1.70 up to 2.95... now what price?

Posted by Hustle > 2013-04-15 10:49 | Report Abuse

2.77

Posted by cherry tomato > 2013-04-15 10:51 | Report Abuse

2.95 drop to 2.77 within 3 days ok???

Posted by cherry tomato > 2013-04-15 10:52 | Report Abuse

the price will be drop further to 2.00

Posted by Hustle > 2013-04-15 10:54 | Report Abuse

mmm...make sense too,thanks bro

Posted by Matsaham Mashuk > 2013-04-15 15:17 | Report Abuse

potential for a rebound..

Posted by zack_liza > 2013-04-15 15:19 | Report Abuse

call buy below RM0.75...TP RM0.90, next TP RM1.00...

Posted by Junglestock > 2013-04-15 15:21 | Report Abuse

I am confident EPF will be in for the rights issue. Agree, rebound potential

Posted by Junglestock > 2013-04-15 15:22 | Report Abuse

Next quarter results will be out this month end?

Posted by zack_liza > 2013-04-15 15:35 | Report Abuse

our fund manager buy this stock...so..if u have spare cash stand by cover for right issue...

Posted by Sahamking123 > 2013-04-15 16:00 | Report Abuse

Buy mas-co/p/q! Return 50%++ if mother hit 90++!

Posted by zack_liza > 2013-04-15 16:01 | Report Abuse

may b today can closed "green". hopefully...

Posted by Sahamking123 > 2013-04-15 16:08 | Report Abuse

Force selling already over. 0.745/0.75 very strong support now! Tomorrow onwards start flying.