China Southern airlines (1055:Hong Kong Stock Exchange)=HK$3.28(RM1.31) Air China Ltd(601111:Shanghai Stock Exchange)A-shares=CNY4.88(RM2.48) ANA Holdings Inc(9202:Tokyo Stock Exchange)=¥195.00 JPY(RM6.25) China Eastern Airlines Corp Ltd(600115:Shanghai)A-shares=CNY2.93(RM1.49) Qantas Airways Ltd(QAN:ASX)=AUD$1.37(RM4.09) Garuda Indonesia GIAA (Indonesia: Jakarta)=IDR500(RM0.16) Philippines Airlines(PAL:PM)=Pesos5.25(RM0.38) Thai airways international(THAI:Thailand Stock Exchange)=Baht28.50(RM2.90)
To all MAS investors,current market price 0.30 or (Rm3.00/RM 1 par)is it better than all the above??? MAS is famous for every 3 years calling for rights issue to swindle investors!!Malaysia can't beat all the above in tourists dollars.
I am reposting this here for the benefit of novice "potential long-term investors" as a warning, and because I believe this is important information. This not DOES NOT apply to professional traders or short-term "hit and run" players.
Currently MAS MCap 5.54 Billion, therefore if...
MAS goes to 40 cents, that means MCap = RM6.68 Billion
MAS goes to 50 cents, that means MCap = RM8.36 Billion
So tell answer me, who has got all these BILLIONS to give all you retails investors?
And WHY would anyone pay a premium for the PRIVILEGE of competing with Malindo, AA and a sh*t-load of debt that never can or will be repaid?
>>>>>>>>To those considering themselves "long-term investors"<<<<<<<<
So what do you have to say to all those "Long-Term" MAS investor who have lost -75% of investment in the last 5 YEARS ALONE???
Why do you think Khazanah is still propping up MAS even though they know they'll never win.
ANS: It is too Politically Embarrassing to see a large GLC (why GLC, because Khazanah is GLC) company fail. Too many people lose jobs etc. Therefore must keep pumping money in.
And I'm not making this up.....this is a FACT
1 week 1 month 6 months 1 year 5 years Malaysian Airline System Bhd -4.62% -21.52% -11.58% -42.72% -76.19% BURSA MALAYSIA KLCI IDX -0.98% -1.99% +6.03% +11.17% +42.54%
To those saying I live in the past, I have only got to say that in the PAST, there was NO AA or Malindo. In that PAST, MAS shares not so DILUTED, by rights issues.
First period of unprofitability[edit] Prior to the Asian Financial Crisis in 1997, the airline suffered losses of as much as RM 260 million after earning a record-breaking RM319 million profit in the financial year 1996/1997. The airline then introduced measures to bring its P&L back into the black. For the financial year 1999/2000, the airline cut its losses from RM700 million in the year 1998/1999 to RM259 million. However, the airline plunged into further losses in the following year, amounting to RM417 million in FY2000/2001 and RM836 million in FY2001/2002. With these losses, the airline cut many unprofitable routes, such as Brussels, Darwin, Honolulu, Madrid, Munich and Vancouver.
The airline recovered from its losses in the year 2002/2003. It achieved its then-highest profit in the year 2003/2004, totaling RM461 million.
Second period of unprofitability[edit] Regional services flown by Fokker F50s, such as this one, were once operated at a substantial loss.
In the year 2005, Malaysia Airlines reported a loss of RM1.3 billion. Revenue for the financial period was up by 10.3% or RM826.9 million, compared to the same period for 2004, driven by a 10.2% growth in passenger traffic. International passenger revenue increased by RM457.6 million or 8.4%, to RM5.9 billion, while cargo revenue decreased by RM64.1 million or 4.2%, to RM1.5 billion. Costs increased by 28.8% or RM2.3 billion, amounting to a total of RM 10.3 billion, primarily due to escalating fuel prices. Other cost increases included staff costs, handling and landing fees, aircraft maintenance and overhaul charges, Widespread Assets Unbundling (WAU) charges and leases.[14]
The Government of Malaysia appointed Idris Jala as the new CEO on 1 December 2005, to execute changes in operations and corporate culture. Several weaknesses in airline operations were identified as the causes of the RM1.3 billion loss. These included esclating fuel prices, increased maintenance and repair costs, staff costs, low yield per available seat kilometre ("ASK") via poor yield management and an inefficient route network. Under the leadership of Idris Jala, Malaysia Airlines launched its Business Turnaround Plan in 2006, developed using the Government-linked company (GLC) Transformation Manual as a guide.
The most substantial factor in the losses was fuel costs. For the period, the total fuel cost was RM3.5 billion, representing a 40.4% increase compared to the same period in 2004. Total fuel cost increases comprised RM977.8 million due to higher fuel prices and another RM157.6[14] million due to additional consumption. In the third quarter, fuel costs were RM1.26 billion, compared to the RM1.01 billion in the corresponding period in 2004, resulting in a 24.6% increase or RM249.3 million.[14]
Another factor for the losses was poor revenue management. MAS substantially lagged its peers on yield. Some of this gap was due to differences in traffic mix,[15] with less business traffic to and from Malaysia than to and from Singapore, but much of it was due to weaknesses in pricing and revenue management, sales and distribution, brand presence in foreign markets, and alliance base. Malaysia Airlines has one of the lowest labour costs per ASK at USD0.41, compared to other airlines such as Cathay Pacific and Singapore Airlines at USD0.59 and USD0.60[15] respectively. However, despite low labour costs, the ratio of ASK revenue to this cost was, at 2.8, much lower than Singapore Airlines, where the ratio is 5.0, and slightly higher than Thai International Airways[15]
There are other factors listed in the Business Turnaround Plan of Malaysia Airlines, all leading to the net loss of RM1.3 billion in the year 2005.
Third unprofitability[edit] In 2011, Malaysia Airlines recorded a stunning net loss of RM2.52 billion due to rising fuel costs and mismanagement which was the largest in its company history. The company ceased operations to Surabaya, Karachi, Dubai, Dammam and Johannesburg in January, and ceased flights to Cape Town, Buenos Aires as well as Rome in February.
Arv18, you have presented a very water tight case of MAS .... Which is a bottomless pit. Sometimes it is best to rest the case after it has been presented.
Some one are just trying to depress the stock price of Mas, it has made the analyst to keep changing their target price of mas seeing the stock price come down, It is of no help when some one try to paint a very bad image of MAS by showing the facts and scolding investors who want to invest in MAS, what is their intention? Are they really so good hearted ? or are they try to take revenge against MAS for their loss investment in MAS. It is a fact MAS has caused so many people to lose money, every one is talking bad about MAS, no good comment at all, but one simple theory is when everyone lost confidence in MAS,the stock price will be cheap, the syndicate will take opportunity to push it down further to make you believe of their research, their comments and their actions, SO when people are scare to buy and aggresive selling down, is n't is a good opportunity to BUY? Pls think about this simple logic in trading share. Pls be clear, relax and cool to snap up the stock. I strongly believe the big boy has shorted big amount of MAS shares and is prolonging the the buying process, taking advantage of the big chunk of new right share waiting to sell to the market. If you workout the MASshare at 30 sen now to its CUM status it is just only 58 sen. The lowest CUM price of MAS was 66.5 sen. Remember this the lowest of CUm price, it went as high at 85 sen. Imagine for those who are insider, they short sold at say average 75 sen, do you think they want to buy back now at 30 sen now? which you work it back to cum status it is only 58 sen. This simple calculation has made them very lucrative to cover their short position. who don't they buy now? Pls think along this line and ask your self, so that you are clear of yr standing, what you should do now with yr stock position. Don't be confuse with the big selling order. I strongly believe they are buying at current level.
Point taken also..Everbody has their right to Give their opinion...pls ...use ur brain before make Any investment..pls don't be like father of sohai ..
MAS= massive acute syndrom ...losing money every year every quarter...if they make profit of 25m then they will make losses of 1.2b ...repeatedly...stupid management... to many staffs ...cut them off to make profit..really not productive
At 0.30 MAS stochastic & Wr% is extremely oversold dah masuk longkang. RSI 30.69 almost touching oversold. Probably will touch RSI 30 first & after flushing out all contra players than there might be some reversal sign. Those who do not have patient with this counter already long gone. Now left players who have holding power & believe in this stock to be undervalue will continue trading.
To go below 30 sen is not so easy just look at que to buy at price 30 sen is also tough. I waited whole day but got 30 sen only during matching time. I think what qqq668 said make sense.
how much khazanah will loss if mas drop below 0.30?? i don't think so... rm0.30 is better price u can get before rebound at 0.32. 0.35, 0.38 and 0.40 and above..
if small fries nibble at 30 cents how would the big fish wallop them? would they manipulate the price to 27 cents or what if the small fries refuse to sell?...hmmmm wondering
imho, big fish are selling as they don't believe in MAS; they are probably losing or cut loss; I mean how could they make money when they had bought at earlier prices versus current all time lows.......?
People who are buying, like some of us here, naybe fund managers, Syed and myself are just the ordinary retailers, taking advantage at the current low against all the odds, especially company's performances. If the pruchase is going against us, such money is relatively small sum. If otherwise, it would be worth the effort. It's a calculated risk.
However looking at the chart alone or if the you are a chartist, ignoring all fundamentals and bad press about MAS, the updside from current price seems more promising. In KLSE it is not uncommon to see penny stocks multiple in value.....I think I am rambling here..over to you
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....
benhctan
305 posts
Posted by benhctan > 2013-06-15 14:22 | Report Abuse
Invest in the following international airlines:
China Southern airlines (1055:Hong Kong Stock Exchange)=HK$3.28(RM1.31)
Air China Ltd(601111:Shanghai Stock Exchange)A-shares=CNY4.88(RM2.48)
ANA Holdings Inc(9202:Tokyo Stock Exchange)=¥195.00 JPY(RM6.25)
China Eastern Airlines Corp Ltd(600115:Shanghai)A-shares=CNY2.93(RM1.49)
Qantas Airways Ltd(QAN:ASX)=AUD$1.37(RM4.09)
Garuda Indonesia GIAA (Indonesia: Jakarta)=IDR500(RM0.16)
Philippines Airlines(PAL:PM)=Pesos5.25(RM0.38)
Thai airways international(THAI:Thailand Stock Exchange)=Baht28.50(RM2.90)
To all MAS investors,current market price 0.30 or (Rm3.00/RM 1 par)is it better than all the above???
MAS is famous for every 3 years calling for rights issue to swindle investors!!Malaysia can't beat all the above in tourists dollars.