Malaysia Airlines' workers' union called Thursday for the struggling carrier's top managers to step down, adding to pressure with the fate of Flight MH370 still unknown almost three months on.
The union will urge the government not to renew the contract of MAS chief executive Ahmad Jauhari Yahya, believed to be expiring in September, said the union's executive secretary Jabbarullah Kadir.
now stabilizing...boss coming to rescue ...for the union if they are strong, maybe get them to apportion shares base on ESOS and purchase them in exchange of cash allowance etc..complain but no commitment!!! if they can improve and commit stay on, if not join political parties and sell coconuts...we want sustainability not crap talking in the nation
another cheap counter than MAS: EAH . MAS rugi berbillion, EAH making money biz (M&A) RM1250 spent on EAH @ 10,000shares way better than spent RM1800 on MAS kiiiiiiikiiiiii - EAH .. when the downside is taken care off the upside will take of itself ! kokokoooooo
Last week plenty of speculations especially on the winding up of MAS. Unfortunately, it seems that this scenario would be materialized. Strong support by the local funds especially the creditors as they will be making huge losses if MAS is to be wound up. Target back to 20 cents and above by end of the month. Happy trading!!!
rights issue price at24sen , local funds lost so much,that is why they wish to push,tp is 24sen,so that they can sell all and run away, may be cut loss at any better price near 20sen.
mana ada system, the union can easily ask PM to save the company, also can ask the director to step down, but doesn't ask themselves the expenses of which the money are expensed, so how to trust this management to manage such a huge company, sure down and bankrupt
Who wants to offer a high price for a stupid company. Just don't make sense. Those who buy now will regret after the next quarter result comes out. Get ready for more downgrade & down side
Don't forget those buyers will need to carry a huge debts from mas & the union problem was not easy to solve. Tell me what so attractive about mas? Corruption, bad management and billions of debts.
if Mas will do some changes, saving from the expenses, cut off certain unfair contractor, doing some adjustment on the purchases, for sure it will overcome those debt in the near future.
Must remember the MH370 haven't found, as long as haven't found, MAS have to pay the search expenses, imagine if it take another 1 year, how much it will going to incur? Nobody know.
even if they found the plane, how does it even affect the price? Oh what suddenly people have faith in MAS because they found the plane? There's nothing got to do with missing plane now! Its all the bloody useless managements and CEO! MAS wasn't just losing for 4 years, they have been losing for more than 4 years, just that the debt amount couldn't be covered up by these retards anymore! Well the guy who said it will go up to RM3, well it's like hoping that one day M'sia will lift the World Cup!
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Posted by Marksmenship > 2014-05-29 14:53 | Report Abuse
National carrier - potential upswing intact...............