how to restructure when there are so many shareholders? you'll having meetings everyday to seek their consents to execute everything. also, not everyone is willing to fork out additional money. 6B means you need to pay 0.36 per share
agreed tommyzai ... however, imagine what the impact on the news of VSS for the 6000 staffs (if this is true) ... sorry for me being naive, consent needed for everything?? dun think so ...
anyway, will be interesting how much Khazanah will be getting back in 5 years time ...
The 6000 staffs have to leave because MAS pay the vendors RM 45.00 for a packet of Nasi Lemak this is only one example of mismanagement of funds. That's why I don't give a shit about the stock or the Airline.
As well, it is difficult to value the worth of a network, goodwill (which is only temporarily battered) and collective body of full-service airline knowledge (which AA will readily harvest on a selective basis). So all those SOP valuation on tangibles does not give due credit. MAS is grossly undervalued, even at 50sen.
VERY STUPID COMPANY RUN BY A REAL DUNGU MANAGEMENT TEAM. NOW THEY ARE ASKING ALL THE STAFFS TO TRANSFER FROM SUBANG TO KLIA. ACTUALLY THEY SHOULD BE FAIR TO STAFFS,, SHOW THE VSS OFFER FIRST..SO THAT THOSE WHO ARE NOT INTERESTED TO GO TO KLIA, CAN TAKE THE VSS OR MSS OFFER.. WHY ASKING THE STAFFS TO SPEND MORE THEIR OWN MONEY.. ACTUALLY MAS SHOULD BE GOING ARROUND TO GET BUSINESS. BUT NOW ALL EYES ARE DEVIATED AWAY FROM TRUTH.. BEATING ARROUND THE BUSH AND WASTING TIME ON UNNECESSARY THINGS...WHAT A STUPID AIRLINE
Revised offer to take into account the 6b real estate asset to avoid protracted tussle with the minority share holders which would scuttle it's revitalising plans
They are trying to wear you out slowly so that when they finally call you to vote in favor of the 27 cent pay out you will not hesitate to give them the approval as you need the money more badly just like everyone else is. There are making you more desperate to accept the offer by doing the more important parts of the restructuring first. You will be lucky if they do the call this year. So, be patient or you should switch channel if you don't want to play into their hands.
Khazanah owns 69.37% equity interest in MAS, and the next 29 biggest shareholders in MAS only hold 6.57% of the airline’s total shareholding base of 16.7 billion shares. This means 24% or four billion shares are in the hands of minority shareholders. http://awonginvestment.blogspot.com/2014/08/khazanah-mas-3786-recovery-plan-gonna.html I'll vote against it. Good luck everyone! ^_*
Attend the EGM on 6/Nov and vote against the privatisation. Once more than 10% of those 30% minority shareholders (ie 3% of overall shareholdings) are against it, the deal will not go thru and Khazanah will need to up the offer to above 27sen. Khazanah cannot vote in this EGM. To them privatisation is a key part of the entire restructuring.
Many minority shareholders have bought MAS shares at prices way above 27sen, therefore must get back good value.
Recently Khazanah is planning to raise RM1.5b in Islamic bonds. This privatisation at 27sen will cost RM1.38b. Suspect that the 1.5b is a higher figure in preparation of a higher offer, say 29sen, which will cost them 1.48b which is still within the amount raised.
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 290 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11481 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
omgboy
60 posts
Posted by omgboy > 2014-09-03 02:07 | Report Abuse
Mas....bila nek tebang yea....kakakkaka