First of all Mas has no money n chances of dropping to PN17 is very high n governed SC rules n we r not living in "wild wild west" obviously going to be delisted soon n what is d price for share holders is d argument?
Proton privatisation happens after Hari Raya too. This might be same. Najib will be back to Malaysia and call the shot as Kazhanah Chairman. He won't let MAS die after so much tragedies happened.
Mas is national carrier it wont die.Having finance problem so have to get delisted..dont worry so much,soon will be privatised n shareholders will get some cash.
national pride, bankruptcy for mas is suicidal for political parties in msia.... if PETRONAS can become the largest shareholder of MISC, why cant PETRONAS do the same for MAS? :)
MAS is 70% owned by Khazanah now. They only need to forked out RM1.5Bil to privatise MAS with a price of 30cents.
CIMB Nazir Razak (Najib's Brother) has been summon to sit at Khazanah Board before RAYA. One of the major move to privatise MAS with speed.
Khazanah has tried to privatise MAS at 2012 with 60 cents, but fail because of union protest. Now the union have all agreed to be privatise, Tun Mahathir, even PAC Chairman Nur Jazlan said Privatise is the way to go.
Khazanah already hinted. They are going to restructure.
MAS is a group holdings of aviation units. U look at MAS financial results, the revenue is huge, just that operating cost overrun. There are 5 profitable units MAS which is making GREEN PROFITS.
Take it private, sell the non-performing units to individuals (or relist it). Retain the profitable units. I'm sure 2016, MAS will be GREEN.
Now the first step is to TAKE IT PRIVATE with 30cents! An offer that no shareholders willing to oppose, for the grand entrance of restructuring.
What's different whether to privatise or not ? If you still hv donkeys & abusers in control !!! If KHAZ really want to address the issue is very simple to them as they still hold 69% ........ just replaced with "top" management with no Govt abusing , etc etc Why blow customers confident , b pro-active , mahhhhhhh
Gentlemen, sometime back i read in newspaper Malaysians in general lack professionalism.With so much of talk n criticism obviously these ppl reading this forum but they dont care because d education standard is so bad they dont know d meaning of principles.Only thinking of their pockets n they dont care.Guthrie a plantation company belong to GLC n b4 d merger was running at loss. Can u imagine oil palm plantation can run at a loss...who was d MD.. do u all know...find out.The whitman say "dont make ppl form opinion on you".
before 31 aug, it should be done....dateline to announce quarterly results... if private and delisted, then no need to announce as a non-listed private company :)
Can't c price will go much higher , regardless of privatise or not ? They might go for Chapter 13 like in USA for protection but meantime, I would expect some announcement of replacement or additional new management plus some PR stmt to say Govt support , blah blah
Who are the supporters of this government company? The more problem it has the price goes higher. Wasn't this price manipulation without any fundamental? I cut lost some time ago and then bad news came and then price higher than what I sold. Regret I follow instinct.
MAS out of cash already, they making lost RM5 mil a day, they left RM1 billion, now pay bonus and compensation only left around RM0.8 billion, can sustain only until March 2015, if they talk privatization now it need at least 6 months to finalized so it's about time. But it possible for Khazanah to buy at lower price from current stock price seen MAS are desperate. MAS have no choice but to accept what Khazanah propose. You all only minority shareholders have no say, if minority shareholders not agree with lower price then the other choice is go bankruptcy. So which one better? Better to accept at lower than get nothing.
Many will say bankruptcy wont happen but that option is still open, they didnt rule it out. That's the advantage having majority shareholding by Khazanah.
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Posted by nasaie24 > 2014-08-05 10:08 | Report Abuse
TP 26.5 this week. 40, three weeks after that