MALAYSIAN AIRLINE SYSTEM BHD

KLSE (MYR): MAS (3786)

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Last Price

0.00

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


37 people like this.

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

Posted by Govin Chuah > 2014-05-27 12:20 | Report Abuse

some ppl encourage to buy cox they still hv stocks that paper lose on hand ,if now goreng up,they can easily sell out ..it is not so easy to cover such huge debt of MAS,gomen sampah,who willing to bare ?maybe still have..or still local institute continue pump..nobody knows

Roseflower

135 posts

Posted by Roseflower > 2014-05-27 12:40 | Report Abuse

today got 1MAS nasi goreng?

pypw

207 posts

Posted by pypw > 2014-05-27 13:03 | Report Abuse

I presume majority ppl brought at lower price might be already profit taking.

abdulrahim

397 posts

Posted by abdulrahim > 2014-05-27 13:08 | Report Abuse

banyaknya mas rugi..

camel

316 posts

Posted by camel > 2014-05-27 13:24 | Report Abuse

bad quality, even cheap no customer.

forsight

39 posts

Posted by forsight > 2014-05-27 13:29 | Report Abuse

is this another bull trap?

camel

316 posts

Posted by camel > 2014-05-27 13:36 | Report Abuse

yes, bull trap.

pypw

207 posts

Posted by pypw > 2014-05-27 13:59 | Report Abuse

Haha. At this moment, it is really difficult to predict. Whether is a trap or gold mine.

PFU9698

5 posts

Posted by PFU9698 > 2014-05-27 14:42 | Report Abuse

stock is also like a politic, everything is possible!

Posted by walawalabingbang > 2014-05-27 16:21 | Report Abuse

even i dont have a penny but i share this

Posted by walawalabingbang > 2014-05-27 16:22 | Report Abuse

KUALA LUMPUR: The share price of Malaysia Airlines (MAS) rose 2.85 per cent or half-a-sen as at lunch break, the highest level in 11 days, following reports that the airline would not file for bankruptcy.
As at 12.30pm, the national carrier's share price stood at 18 sen with 46.27 million shares transacted.
MAS was also one of the most actively traded stocks in the morning session.
Commercial director Dr Hugh Dunleavy was quoted as saying yesterday that MAS had managed a rebound as far as bookings are concerned, mainly for travel within Southeast Asia, Australia and New Zealand in the past several weeks, despite being affected by the MH370 incident.
"We were tracking significantly higher traffic until the MH370 incident. We do believe that there is traffic out there and our goal is to capture it, but at revenue that makes sense for the airline.
"Moving forward, MAS will come back and strongly. We will be competitive in all the markets that we serve," he added.-- Bernama

Posted by walawalabingbang > 2014-05-27 16:23 | Report Abuse

Malaysian Airline System Bhd, the carrier reeling from the disappearance of Flight 370 more than two months ago, won't seek bankruptcy and will instead speed up an overhaul to help it break even next year. The stock rose.
"Our turnaround story was moving along -- MH370 certainly didn't encourage that," Hugh Dunleavy, the airline's director of commercial operations, said in an interview with Bloomberg Television's Haslinda Amin yesterday. "That certainly has been a major hiccup in the road. So now we have to go back and fix that."
The stock, which plunged the most since 1998 this month amid investor concern the government may let the company fail, rose to the highest level in 11 days in Kuala Lumpur trading today after Dunleavy's comments on bankruptcy. The carrier has said the jet's disappearance put additional stress on operations, forcing it to review its business plan after reporting the biggest loss since 2011.

"Retail investors, traders, are banking on any good news," said Daniel Wong, an analyst at Hong Leong Investment Bank Bhd. in Kuala Lumpur. "The company should have enough funds for them to maneuver till the end of the year but if losses prolong till mid-2015, they will need to reconsider their options."

Malaysian Air shares gained 2.9 per cent to 18 sen in Kuala Lumpur today, trimming the drop this year to 42 per cent. All but one of 15 analysts tracked by Bloomberg say investors should sell the stock.

A review of operations may take about three months, and implementing the changes may require another six to nine months, Dunleavy said. Bankruptcy is not an "option at this stage," he said.

Bookings from China dropped 50 per cent to 60 per cent after MH370, carrying mostly Chinese passengers, vanished March 8, he said. To date, no debris from the Boeing wide-body airliner has been retrieved.

The Malaysian government today released raw satellite data that was used to conclude that Flight 370 was lost in the Indian Ocean. Flight 370 with 239 passengers and crew vanished from civilian radar on March 8 while headed north over the Gulf of Thailand. It then doubled back over PeninsularMalaysiaand flew south into some of the world's most remote waters. The hunt for the aircraft has become the longest in modern aviation history.

"Now is the time to take a close, hard look at all aspects of our business model and find out those that are core to us, let's enhance those, make them as efficient as possible," Dunleavy said in the interview at the airline's training academy near Kuala Lumpur. "Those that are less core, or where we think another group can do it more efficiently, we should start looking at it."

Posted by walawalabingbang > 2014-05-27 16:23 | Report Abuse

The Subang Jaya,Malaysia-basedcompany last reported an annual profit in 2010. The flag carrier missed its target to be profitable last year as rising prices for fuel, maintenance and financing wiped out revenue gains.

"Most buying are from retailers now, and funds are unlikely to invest in MAS, as it is difficult to answer to stakeholders if they lose money investing in MAS now," Ang Kok Heng, who helps manage US$428m as chief investment officer of Phillip Capital Management Sdn. in Kuala Lumpur, said in a phone interview. Investors buying now "stand to gain if the government decides to privatize MAS" or if there is a takeover from other parties, he said.

The company lost a total RM4.57 billion (US$1.4 billion) since the start of 2011. Analysts project losses through 2016 for the airline, according to data compiled by Bloomberg.

"Obviously, MH370 has put a rather significant hurdle to that objective," Dunleavy said of a plan to return to profit. "I don't believe we will achieve that for this year, but I believe what we will be doing, what we are doing is looking at our current business plans, revamping those, looking at all opportunities to escalate the rate of the changes we are putting in so that 2015 will be the break even year."

The airline pointed to unfavorable foreign exchange rates as an additional challenge. Winning back customers and a "relentless cost focus" will be part of the recovery, it said earlier this month.

The vanishing of MH370 put the carrier under global scrutiny, jeopardizing its reputation and prompting boycotts in China. It has also hurt the country as a travel destination, with Chinese tourists canceling their visits to the Southeast Asian nation, according to Malaysia's tourism promotion agency.

The disappearance triggered a "major short-term reaction in consumer behavior," with the airline observing high cancellation of existing bookings and a reduction in long-haul bookings in favor of short-haul ones, the company said May 15.

Listing Malaysian Air's profitable divisions and selling stakes in two aviation businesses could raise RM4.15 billion, Malayan Banking Bhd analyst Mohshin Aziz said in an April 16 report. Government investment company Khazanah Nasional Bhd owns a 69.4 per cent stake in the airline, according to data compiled by Bloomberg.-- Bloomberg

Posted by walawalabingbang > 2014-05-27 16:24 | Report Abuse

at least give some hope to traders still keep this share..cheers!!!

Teh_Invest

475 posts

Posted by Teh_Invest > 2014-05-27 16:38 | Report Abuse

I wonder if it will break below 0.15.

Posted by walawalabingbang > 2014-05-27 16:47 | Report Abuse

ask .11 go n q lor

Posted by walawalabingbang > 2014-05-27 16:47 | Report Abuse

but bid q at .18..rofl

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2014-05-27 16:48 | Report Abuse

Mas bila jadi emas?

camel

316 posts

Posted by camel > 2014-05-27 18:56 | Report Abuse

closed up and sell business to airasia is the best consideration.

klse88

264 posts

Posted by klse88 > 2014-05-27 19:04 | Report Abuse

Mas will be go dn till 0.09. Sure it will come

tiennhieu

719 posts

Posted by tiennhieu > 2014-05-27 20:46 | Report Abuse

coming soon will issue warrant and right issue to raise fund, cos no other way to get help ady

Posted by BullsComing > 2014-05-28 01:35 | Report Abuse

bet at the end syed mokthar will take over... kikiki

Conan

155 posts

Posted by Conan > 2014-05-28 02:04 | Report Abuse

and mahathir will be advisor.

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2014-05-28 10:00 | Report Abuse

Lupakan la counter ini!Tiada esok lagi!There are so many better ones to pileh kasih.why must u put yr feet in shits?

Posted by walawalabingbang > 2014-05-28 11:27 | Report Abuse

lol....tp 0.005

Posted by hengteongwei > 2014-05-28 11:42 | Report Abuse

it will drop to 0.09
keep losing money.

Axce85

192 posts

Posted by Axce85 > 2014-05-28 12:54 | Report Abuse

all banks said sell..why should buy??haha..run run

Tornado

1,938 posts

Posted by Tornado > 2014-05-28 12:56 | Report Abuse

I think all banks are asking for you to sell to them, if nobody sell how to buy then ?

camel

316 posts

Posted by camel > 2014-05-28 13:45 | Report Abuse

will be suspended soon.

camel

316 posts

Posted by camel > 2014-05-28 13:46 | Report Abuse

sell fast , otherwise no chance.

Posted by Marksmenship > 2014-05-28 14:39 | Report Abuse

Still worth holding................

ashrizal1

426 posts

Posted by ashrizal1 > 2014-05-28 14:59 | Report Abuse

only two type of people buy this kind of stock,
1. Speculator
2. Gambler.

this two type of people sometime rewarded handsomely or lose miserably. but from my point of view as FA person i will not dare put a bet in this company.

Posted by walawalabingbang > 2014-05-28 16:07 | Report Abuse

2 types of good traders one is champion on news one is based chart..combine this would be kaya laya orr..huat arrrr

nomanland

3,221 posts

Posted by nomanland > 2014-05-28 16:24 | Report Abuse

No guts, no glories. Too many guts, lose marbles.

skybursa

1,474 posts

Posted by skybursa > 2014-05-28 17:37 | Report Abuse

Prices will hit record low when they report another massive quarter loss in coming months.

nomanland

3,221 posts

Posted by nomanland > 2014-05-28 18:56 | Report Abuse

when banker said, "Sell", then who is BUYING. Small fish sell(panic selling), banker BUY. Big shark is waiting to Buy.

Posted by walawalabingbang > 2014-05-28 19:08 | Report Abuse

Remiser untung

skybursa

1,474 posts

Posted by skybursa > 2014-05-28 20:18 | Report Abuse

Banker are not fool to invest when there'so many good counter & choose a shit(mas) stock.

gymkhana

512 posts

Posted by gymkhana > 2014-05-28 20:47 | Report Abuse

do not be like Kenmark already...

nomanland

3,221 posts

Posted by nomanland > 2014-05-28 21:33 | Report Abuse

MAS, Ini kalilah mesti profit, if not, 100% kena eff.

Posted by walawalabingbang > 2014-05-29 09:53 | Report Abuse

masuk 6 kaki down to earth ini kali...

ashrizal1

426 posts

Posted by ashrizal1 > 2014-05-29 09:57 | Report Abuse

nomanland, i do extensive study on the company Fundamental and profitability before buy and guest what i do well that way. and get good return so far. so like i said this kind of stock sometime "reward u handsomely or lose miserably"

nomanland

3,221 posts

Posted by nomanland > 2014-05-29 10:32 | Report Abuse

ashrizal1, I bought it and intended for medium term investment. hope mas don't eff us. if not, i will be effing mas like the rest of pessimistic investors.

Posted by speculative > 2014-05-29 11:45 | Report Abuse

Change to seacera.. sure make profit..

sengkee

2,060 posts

Posted by sengkee > 2014-05-29 12:34 | Report Abuse

will avoid this for a moment.

Posted by nissansuny1234 > 2014-05-29 12:43 | Report Abuse

don't go..........................................

Posted by nissansuny1234 > 2014-05-29 12:43 | Report Abuse

mas need you

tanyuethan

354 posts

Posted by tanyuethan > 2014-05-29 12:46 | Report Abuse

buy buy buy

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