How to privatise? Don't forget the law suit by families members of passengers of Mh 370 will drag future earnings to huge loss. Who wants to risk buying Mas & force to settle billions of compensation? Who so stupid enough? Khazanah will have problems forking out billion for settlement.
Mas have to be sold, privatised or go for bankruptcy there is no any other alternative. I fully understand law suit by the families which will have to be handled at the material time but now will be taken private for sure. Lately in the AGM, the situation was so ugly that the board of directors retuned the fees n therefore have to find an amicable solution n it will be announced two months from now?
In my opinion, the 0.155 is probably due the 'bankruptcy' option splashed in newspapers. Harga pasar malam lelong. After that Mayban TP of 0.12 also affect the share lah. Stock usually climb on wall of WORRY and sell on bad even GOOD NEWS, also sell. The worst is over for now. Happy Holidays to all.
It said MAS, with a workforce of 19,577 that cost RM2.4 billion for the 2013 financial year, is relatively sizeable compared to other carriers like Singapore Airlines and Cathay Pacific Airlines.
The government's total exposure to MAS amounts to RM9.6 billion. The Ministry of Finance owns a majority stake in MAS through various entities as an equity shareholder as well as creditors.
"A mere bail-out without any comprehensive, resolute and prudent measures will ultimately be futile and this reminds me of past experience with bail-outs.
"Given the fact that Khazanah has been aiding MAS with huge sums such as RM5 billion and the airline is still going down, it is time to take stock of the cost effectiveness and the real problems at hand such as its high operational costs compared with other airlines' and whether MAS has priced itself out of the market," he added.
current PVTS readings : If the invisible-hand hold the price 0.20 for the next 3-4 days, all the negative technicals is reversed, but if price break 0.19 TOMORROW, SOME (if not ALL) helll breaks loose ...
After all the bad and negative news out, Mas will only trade sidesways and climb up zig zag up the wall of WORRY. I believe a TP of 30 sen before next result.!! Goodnight.
Banks purposely release bad TP to clock down the price,however retailers will sell and fund managers will buy. Look at the day Maybank release 12.5cent TP, the stock went up.
Privatisation news will release before RAYA. Khazanah target 30cents to takeover.
NTA is 21 cents. This is why I said, any price of 21 cents is a BUY. To privatize, a Premium on top of 21 cents must be done. Thats why the target is 30 cents.
Look at the quarters results. The Revenue is 3.6 Billion per quarter, you just need good management and cost control to turn it to black!
The Union cannot be sacked because affliated to d world body. MB NTA value is 19 cts. Mas have to be privatised so that, share holders can get some cash. Any buyer it can be Etihad etc will have to take bank loan to pay the share holders. Bank loan will be based on NTA, the bank wont approve loan based on "Kazanah face" but only on NTA + a good will gesture of a few cents. Bank dont approve loan based on speculative price, so please dont keep guessing n d innocent may end up burning hands. I, please call upon some experts for their comments. My advise stay away from this most shameless n disgraceful management n d non excecutive directors out of shame refunded their fees, shame on them. Malaysians in general r lacking in professionalism n dont understand what is a principle. Pls read today Malasiakini, d retired CJ is talking without knowing the meaning of principle. "White man said dont make people form opinion on you". During my time to go to U you must sit for d HSC n u may get all As' n if fail d GP then no entry to U. GP covers wide topics n plenty of reading is needed, plenty of reading materials r available only in english n makes a person more matured n not become a fanatic or a stupid person n teaches what is d meaning of gentlemen.... any comments please... tks.
hahahah kesian Maybank.Now crying because they cannot manage to get all people trow this share since they are so desperate to get this share at 0.12. Hahahahahah Kesian Maybank.
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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....
Marksmenship
486 posts
Posted by Marksmenship > 2014-06-28 14:47 | Report Abuse
Read today UTUSAN paper on MH370 , very scary the Aussie theory / speculation..................................