no bearing on current exercise but trending towards a turnaround. After this exercise, debts will be pared down so next quarterly should show better performance as well.
sorry guys wrong interpretation just like phyroxus said 1 mas entitle for 4 mas-or.But after the mas-or listed,mas itself will become like kassett case, become a shell only that actual value is 0.32 just like the open price today.somehow,the mas-or price will determine by mas last price when the OR listed out.
MAS share unlikely to be stable until right are subscribed and listed. Additional 4 times the current listed shares will drive the shares lower till 23 sen methinks or lower if weak holders decide to liquidate after subscribing to the rights.
Let say i got 10,000 unit of MAS that purchase at price 0.685 After MAS-OR listed, i will be given free 40,000 unit of MAS-OR, additional i can purchase another 40,000 unit of MAS-OR with price 0.23.
Besides that, i can immediately sell the free gift 40,000 unit of MAS-OR anytime once its listed. Am i right?
if you bought the mas before xdate, u should be entitle (250000 x 4 = 1000000 unit) of MAS-OR. If you need to convert the MAS-OR to mas share, u need to pay 0.23 for each unit. so, everyone just hope that MAS share will FLY HIGHER and HIGHER........ oh yeahhh~
this one i not sure.. need other expert to comment.. but base on my understanding, the price for opening should be around 0.09-0.1. So, once convert, you may get more profit if the mas share go up higher...
i not very sure about that, i did ask pb agent, they told me if i need to convert, just put the amount inside my account and inform them, they will do the rest. This is the only information i have. Anyway, just wait for next week and we try an error... haha
ok, we learn from this. Next time will not blur again. If not mistaken, the OR opening should be (mother price) - (ex price $0.230). For eg: $0.360 - $0.230 = $0.130.
can not get with the lower price. this share consider profit after 15/5/13, because klia2 is opening by after 15/5/13. may be air asia can not fight with mas.
MAS REPORTS NET PROFIT OF RM51M FOR 4QE DEC 2012 & FULL YEAR NET LOSS OF RM433M
CLASSIFICATION: ACCOUNTING/AUDIT NOTIFICATION/ANALYSIS & BUSINESS PROJECTIONS TYPE: Short Analysis / Reviews 30 April 2013
MAS REPORTS NET PROFIT OF RM51M FOR 4QE DEC 2012 & FULL YEAR NET LOSS OF RM433M MALAYSIA AIRLINES (MAS) reported Profit of RM51m for 4QE Dec 2012 compared with a Net Loss of RM1.3 bil same quarter a year ago.
NET LOSS FOR FYE DEC 2012 NARROWS TO RM433M For FYE Dec 2012, MAS said that Net LOss narrowed sharply to RM433m from a Net Loss of RM2.52 bil in FY2011.
" .... Without the One-Off Provisions amounting to RM1.09 bil recorded in 4QE Dec 2011, Net Income After Tax for 4QE Dec 2012 registered an improvement of RM233m. For the full year 2012, there was an improvement in the results of RM 1bil ...." said the Company.
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....
Junglestock
136 posts
Posted by Junglestock > 2013-05-02 18:18 | Report Abuse
thanks Cherry Tomato.