drp (dividend reinvestment plan)..tomorrow will continue up to touch 8.50..minister confidence 2 may will be completed..better buy now..anytime 9.00 snd above.
buy...buy...buy..RM7.00 jangan mimpi .....collect more....our company also collect more at this level...9.00 and above coming...this year can touch RM10.00 after breakout RM9.40...
Malaysia Airports Holdings Bhd (MAHB) managing director Tan Sri Bashir Ahmad Abdul Majid should be sacked for incompetence and gross mismanagement over the construction of klia2, a DAP lawmaker said today.
Party national publicity chief Tony Pua said Prime Minister Datuk Seri Najib Razak should send a clear message to all government-linked companies (GLCs) that he would not tolerate incompetence and gross mismanagement.
Najib no longer had any excuse not to act against the top management of MAHB, Pua said in a statement.
The new low-cost carrier terminal klia2, the opening of which was delayed several times, will finally be opened in May with only two airlines - Cebu Pacific and Malindo Air - operating there initially, Public Accounts Committee chairman Datuk Nur Jazlan Mohamed said today.
He added that AirAsia will move in later, after the system is up and running and klia2 is shown to be able to operate with a lower number of passengers in the initial stages.
Malaysia Airports Holdings Bhd (MAHB), stop blaming others before you take stock of yourself first.
MAHB cannot be any better than Malaysia Airlines (MAS), but maybe worse. Where is your staff of calibre to check and balance AirAsia's 'demands' for upscaling?
Why only now blame AirAsia when you could have controlled it at the earlier stage? Didn’t you ask AirAsia for justification for any upscaling? Can't MAHB do its own analysis/research on what is the appropriate scale for KLIA2?
MAHB's claim that AirAsia was the main reason for the cost/time overruns is absurd and only exposes MAHB's weakness in its management. How can a public-listed company with control on the project, lay the blame elsewhere for its own failure?
This is tantamount to gross negligence on its part but it now chooses to shift the blame. Any school kid can tell who is responsible for the mess and we don't need Public Accounts Committee’s (PAC) views on the matter.
Actually, this is a simple issue. All that is required is for MAHB together with the Umno-BN government to instruct MNRB (which runs Malaysian Reinsurance Berhad), and Bank Negara Malaysia to issue a blanket insurance policy to AirAsia.
This is to guarantee AirAsia that MAHB and the government shall be responsible for all losses arising from damage to aircraft, loss of use, bodily injuries to staff, passengers, including loss of profits arising from flight delays, takeoffs, delivery of ground services, etc.
Then AirAsia's fears are gone, right? MAHB maintains its stand that airport, runways, etc, are all 101 percent real world standards, not Malaysia Umno/MCA cronies standards. Issue solved.
You build it; you are responsible for the scope and the cost and of course the schedule. AirAsia can ask for the sky, yet you agree. Now you overrun your costs, go beyond your schedule and under deliver in terms of quality, you blame AirAsia.
What sort of project management is this? AirAsia is only a major tenant, not the owner.
Is there a safety issue here? In the haste to meet the much delayed opening deadline, are we putting aircraft and passenger safety on the line? The premier says he is looking into it. I hope there will be no compromise on safety.
Don't tell me that before you start your project, you do not make a proper study with suggestions taken from various concerned parties and come out with a master plan. This is not like changing clothes.
Budgeted at RM1.6 billion, cost overruns to RM5 billion, and then blame AirAsia for building an airport that can handle the Airbus A380. A budget Airbus A380?
PAC chairperson Nur Jazlan Mohamed must be really dense to say that the tenants wanted a luxury airport and airplanes
Of course in Bolehland, the landlord doubles the size and quadruples the cost based on what the tenant wants and then blames the tenant for asking for the sky.
Aren't you supposed to negotiate and agree beforehand on these things? You are not building a Lego toy, for crying out loud.
“Can be rectified?” So it is not done yet? It looks like AirAsia's concerns were justified then. You think patch-up jobs will solve the problems overnight?
And while their requests may have contributed to higher cost, this is long-term planning, like the baggage carousel. It is MAHB which insisted on using aerobridges and the Sita (airport management) system.
So really, who is the one that is increasing the costs and for whose benefit?
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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....
wahaha
215 posts
Posted by wahaha > 2014-01-27 17:24 | Report Abuse
Profit drop significantly...
http://www.theedgemalaysia.com/highlights/272806-highlight-msia-airports-4q-profit-falls-38-y-o-y-to-rm49m.html