Posted by KONG88 > 2014-05-15 18:22 | Report Abuse

hopefully can stand on ma50

Posted by alphajack > 2014-05-15 19:40 | Report Abuse

I also got this around 2.30+ last time. yea but now that the correction is done..time to roar up to 2.50 back. Wait for their amazing financials (Actually I know d but cannot reveal :p). Better buy now before you guys miss out another 10% day surge like last time hehe

Posted by alphajack > 2014-05-15 19:42 | Report Abuse

Btw sugar project will mmg yield a lot of revenue but that will be included in the fin. statements come FY 15. So long time away again. Before sugar revenue also can probably move to 2.80 already, that's my target if you include their other businesses.

Posted by KONG88 > 2014-05-15 22:49 | Report Abuse

still downtrend ...and volume not enough...

Posted by alphajack > 2014-05-16 14:55 | Report Abuse

Chill..Mas wont die de..Will privatize that and Brahims wouldn't be so affected. The worse case is MAS go bankrupt and totally default. Highly unlikely they will let the 'national carrier' end in such embarrassing fashion. Brahims still can huat

Posted by CT Ong > 2014-05-17 00:46 | Report Abuse

I smell rats here!
Read the announcement:

http://bursaannouncement.blogspot.com/2014/05/company-announcements-sunway-cj-suria.html

When this stock was surging above 1.60 It was deliberately sold down to 1.35 for reason : Dealings during closed period
A few thousand lots change hand and after a few weeks the share bounced back and the rest was history.
On the 12/05 : 8 000 000 shares change hands again at the price of 2.147 for reasons : Dealings during closed period
The price was again pushed down from 2.38 to oblige another set of buyers.
Note , this was all done during the dividend EX date. The best time for manipulation.
So, the price we we saw for the past 2 weeks were not market forces but mere manipulation from the big players.

You figure it out the potential of this stock once the MAS imbroglio settle.
MY Advice:Hold tight and this stock will ROAR again at the right time!


Don't worry too much about MAS.Our PM is talking Gibberish to WSJ on friday and that's the reason MAS was hammered down to the core.
Very smart! Khazanah will be laughing when they
offer
to take MAS private. It's getting cheaper by the day.

One must remember that Malaysia Airlines is a 5-star 'AILING' airline under Skytrax rankings and has been there for most of the past few years along with a only a handful of other carriers. This is an achievement and the country should be proud of.
MAS will be back provided that all the leeches be terminated!

Posted by martiniclub7 > 2014-05-17 05:35 | Report Abuse

To those who plan to hold Brahims for short term, can start dumping. Mas is going for some restructuring process and I feel they might cancel the deal with Brahims since they said Brahims is deal is too costly for them. But next year Brahims will pick up due to their sugar factory and the deal in middle east. Anyway just be careful people, get out if you don't have holding power, so much more potential stocks out there.

Posted by Stockman > 2014-05-17 07:00 | Report Abuse

MAS will not make any "air turn back" on Brahims. They are more careful now

Posted by fortunebullz > 2014-05-17 14:46 | Report Abuse

Haizzz! Lose some money! I thought opening of KLSE2 will push up! Never mind! Lose a bit only!

Posted by alphajack > 2014-05-18 13:13 | Report Abuse

they will bail de la. Where can let their 'legacy' fail

Posted by alphajack > 2014-05-18 19:30 | Report Abuse

refuse to believe that MAS will not get bailed out. It's like announcing to the world how incompetent Malays are and as we all know-they are all known to be very stubborn people due to many years of affirmative action etc. , this would cause other people to totally laugh and ridicule them and might lead to a domino effect where surely Drb Hicom another trash company will be next. Surely gov. will step in again as usual to 'jaga' their image. A bailout will cause Brahims to fly back to 2.70 and then slowly move to 3. It's like a gamble, but the probability is way higher they will get bailed out

Posted by Dominus Sasaki > 2014-05-19 09:41 | Report Abuse

Even if they are bailed out doesn't mean brahims will still be able to hold the contract with MAS. Kinda worrying now.

Posted by Tina Khoo > 2014-05-19 10:10 | Report Abuse

Brahims needs more projects now !!

Posted by tralala > 2014-05-19 11:16 | Report Abuse

gone la brahim... 1.9x

Posted by MBFP02 > 2014-05-19 12:35 | Report Abuse

Weird style of trading today

Posted by bing > 2014-05-19 13:42 | Report Abuse

Aihhh...

Posted by dinos > 2014-05-19 15:26 | Report Abuse

PM already ask for audit in MAS and restructure top management. Obviously brahim no longer can sell skyrocketing pricy foods to MAS translate less profit in future. Good for passengers when they have to pay less for tickets.

Posted by azam87 > 2014-05-19 16:11 | Report Abuse

alphajack: "It's like announcing to the world how incompetent Malays are and as we all know-they are all known to be very stubborn people due to many years of affirmative action etc."

sorry AJ, I didn't know that all Malays are incompetent and very stubborn. Well, such a curse to be a Malay ain't it?

Posted by mfaizalm80 > 2014-05-19 16:41 | Report Abuse

strongly sell recommendation for brahims.....contract will be renegoniated.........or none at all......tp1.13.......sell ang keep on selling.....

Posted by tralala > 2014-05-19 16:55 | Report Abuse

LoL...tp 1.13...even if a company goes into restructuring, mas passengers no need food meh... maybe the revised contract wont be as lucrative, but it does not warrant for a selldown...

Posted by alphajack > 2014-05-19 16:58 | Report Abuse

Sell liao..Will fall to 1.50 after MAS bankrupts..Another 'legacy' left behind by Umnoputras..sei liao..die die die..
Btw my bad, not all Malays are incompetent, some are very intelligent and know how to run a company well, like the management in Uzma which is slowly rising to be a powerhouse one day. Just not MAS lol...MAS's CEO..sien..no comment la

Posted by RedEagle > 2014-05-19 17:25 | Report Abuse

Open tender for CEO? Brahim ooooo Brahims... die die die.. jump with MAS...

Posted by Stockman > 2014-05-19 18:41 | Report Abuse

MAS must put someone with aviation industry experience to fly up with profit

Posted by Tina Khoo > 2014-05-19 21:52 | Report Abuse

CT Ong ..any comment ??

Posted by neemdom > 2014-05-19 22:37 | Report Abuse

will drop to rm 1.00

Posted by johnny cash > 2014-05-19 23:10 | Report Abuse

https://www.facebook.com/photo.php?fbid=792274387450506&set=a.228820880462529.68340.228799620464655&type=1&theater

Will BRAHIMS (9474) retrace down to MA200 support level ? 1.85

Posted by Brahims > 2014-05-19 23:17 | Report Abuse

Remember, Mas is only 1 of 37 airlines using his foods supply, KLIA 1/2 shops, halal foods production, most of the gov events catering/foods supply, sugar plant and further future development. I will be happy if the price drop to 1.5, i will continue to consolidate the shares. Happy trading:)

Posted by CT Ong > 2014-05-20 00:54 | Report Abuse

Tina
As i said
BRAHIMS needs MAS as much as MAS needs BRAHIMS.
MAS has 30% non controlling stake in BRAHIMS and it is unlikely that MAS will unilaterally terminate the contract. Not even in MY DREAM!!!
Just check the shareholder's list and see the major Shareholders.
I think you know what i mean.
By the 28 of May we will know the outcome.
Don't follow the crowd. The selldown is understandably as investors do not like uncertainties.
This is not the first time BRAHIM'S share has been under heavy selling pressure , in fact the last time it was hammered down from 1.35 to 0.79 because of the rumors circulating that MAS is going to review the contract. It was unfounded!

I bought all the way from 0.81 to 1.19 and i am holding it till today.

Don't get excited, avoid the noises and just enjoy the MAS Charade.
Things are likely to get worse before they get better.
No Pain , No Gain!

Posted by kingdomtan888 > 2014-05-20 01:25 | Report Abuse

Tan Sri disposing it too ...
They trap the retailers by pushing up the price
So that they can easily sell off their shares.

Posted by Tina Khoo > 2014-05-20 08:57 | Report Abuse

Thks CT Ong !

Posted by alphajack > 2014-05-20 11:50 | Report Abuse

siao eh..directors dispose so much liao.. and HLG tp so high. niaseng. 70% of revenue come from MAS contract, if cut sure kena la..HLG analysts trolling la..better sell guys and buy when MAS gets stable

Posted by fortunebullz > 2014-05-20 12:42 | Report Abuse

I cut loss! Bad! Mas jinx!

Posted by RedEagle > 2014-05-20 13:04 | Report Abuse

Maday maday.. run run... t.p 1.70..

Posted by Zai Zai > 2014-05-20 13:33 | Report Abuse

SOUND FISHY, DIRECTOR DISPOSE KUATKUAT
while Brahim TP raise UP for respective research report

Posted by Brahims > 2014-05-20 14:47 | Report Abuse

The owner of Brahims direct and indirect holding 60% shares, If they continue to hold so many unit of shares, no liquidity of the share transaction to jack up the price unless the owner rich enough to do so. This is a good sign to see the owner released large amount of shares. This will attract fund investors to inject their investment to maximize their profit in long term.

Posted by RedEagle > 2014-05-20 18:43 | Report Abuse

Siling 3.13.. Lantai rm????

Posted by alphajack > 2014-05-20 20:52 | Report Abuse

fall back to 1.70-1.75 then stable a bit sei liao

Posted by CT Ong > 2014-05-21 00:10 | Report Abuse

Need I say more.
Two Investments Research House gave the same recommendation.
Can two RIGHTS make a WRONG?
No!, Two RIGHTS don't make a WRONG!


What IF MAS Goes Bankrupt?
Highlights
We reviewed the potential impact to Brahim’s earnings arising from the possibility of MAS filing for bankruptcy and to be taken over by other operator(s) or to cease operations.

1) Restructuring & capacity cut: Assuming 30% cut in capacity (MAS travelers), Brahim’s bottomline could be hit by circa 22.5%.
However, these travelers may opt to travel with other airlines, which could be Brahim’s existing customers as Brahim’s also supplies in-flight meals to 30+ other airlines besides MAS.
Hence, the likely impact would be much less than 22.5%. Furthermore, the price/meal charged to foreign airlines is higher, largely due to higher quality of food in effort to remain competitive among other carriers and this has contributed to the faster growth vis-à-vis income from MAS.
Worst-case scenario, a 22.5% impact on earnings would reduce our target price to RM2.81 (still 42% upside to closing price of RM1.97).

2) Cease operations: We view this option to be unlikely and would result in termination of the 25-years concession agreement. Should this happen, MAS or the government would need to compensate Brahim’s at a rate of fair value plus 20% premium (as per agreement).
Based on Brahim’s payment of RM130m in Jan 13 for additional effective stake of 34.3%, the group will be paid about RM318m.
Although Brahim’s earnings would be impacted by the termination, we view this as temporary as the RM318m would enable Brahim’s to immediately inject the shareholder’s private assets which are already in operations. These injections would partially fill in the loss from MAS' contribution while the remaining would be from other airlines that could potentially replace MAS’ routes as well as potential M&As that Brahim's are currently on the lookout.

The collaboration with the Makkah government to supply food to pilgrims would commence contribution in FY16 and serve as another layer of “protection” to its earnings.



Forecasts Unchanged.
Rating
BUY
Positives – (1) Niche industry; and (2) Sustainable earnings from long-term concession agreements.
Negatives – (1) Earnings highly dependable on economic conditions/pandemics; (2) Delay in the opening of KLIA2 and sugar refinery plant in Sarawak; and (3) Additional borrowings for any asset injections could increase net gearing significantly.
Valuation
Maintain BUY with unchanged TP of RM3.13 based on average of 18x and 9x P/E and EV/EBITDA respectively
Source: Hong Leong Investment Bank Research - 20 May 2014





Alliance maintains 'strong buy' on Brahim's


KUALA LUMPUR: Alliance Research has reiterated its 'strong buy' call on Brahim's Holdings Bhd driven by its entry into sugar refining and overseas expansion projects in Mecca and Tokyo.
However, it said, the key risk to the recommendation was the unfavourable outcome from a contract renegotiation with MAS.

"Brahim's stock price has been under heavy selling pressure following media reports that MAS is planning to renegotiate the terms of its major procurement
contracts, including the catering contract with Brahim's Airline Catering (BAC), Brahim's in-flight catering and cabin handling division.

"With MAS accounting for 70 per cent of BAC's revenues, investors are understandably concerned over the group's future earnings," it said in a research note today.

Alliance Research said Brahim's has remained the sole-in-flight caterer that has sufficient capacity to serve MAS at Kuala Lumpur International Airport, which suggest strong bargaining power in the future renegotiation with MAS.

"And, it is unlikely for MAS to unilaterally terminate its long-term contract with Brahim's as it would have to compensate Brahim's for loss of future income under the current agreement," it added.-- Bernama

Posted by CT Ong > 2014-05-21 00:25 | Report Abuse

It's a double Whammy for MAS.
First the missing plane #MH370,then the record breaking loss.
As though this is not enough,some nincompoop told WSJ that MAS is beyond redemption.
Now, that's a TRIPLE whammy for MAS this week and the selling spree starts on Monday.
BRAHIMS was also not spared.


The Wall Street Journal (WSJ) reported on April 24 that Prime Minister,
in an interview with the newspaper, said the government could not rule out bankruptcy for the airline.

However, a government spokesperson yesterday clarified that the prime minister did not mention bankruptcy
specifically. It's too late, damaged has been done. MAS plummeted to 0.15 before recovering after
clarification of the news but BRAHIMS still languishing at 1.90.

Don't worry,BRAHIMS will bounce back very soon.
BRAHIMS is fundamentally strong and it is slowly diversifying away its airport centric business
in Malaysia.
BRAHIMS group continued its involvement in the F&B industry by more merger and acquisitions throughout the years.
With such initiatives, i believe BRAHIMS has the potential to record further growth going forward.
Airlines business is vibrant, passengers increase tremendously every year and the beauty of BRAHIMS is
a proxy to the vibrant airline industry minus the baggage of ticket price war and jet fuel price fluctuations.

Whatever the outcome of MAS restructuring,BRAHIMS is there to stay unless MAS can get someone
better -maybe Chef Wan or Wee Choo Keong?

Take good notes: Tun Abdullah Ahmad Badawi is the advisor of MAS since 2009 and he is the brother
of Datuk Ibrahim Bin Haji Ahmad the excutive chairman of BRAHIMS!

If you have the muscle, Buy BRAHIMS and Wait!
Sell, Sell and Sell , you sell at your own peril!

Posted by iwtbsi > 2014-05-21 07:49 | Report Abuse

I am holding tight and plan to add more. Lets see this coming quarter report.

Posted by RedEagle > 2014-05-21 08:42 | Report Abuse

When Quarter report announce?

Posted by 文耀 > 2014-05-21 08:56 | Report Abuse

lolz...no good news plus for month upward prices movement till recent bad news and drop in prices....need time for it for stabilize.....

Posted by CT Ong > 2014-05-21 09:14 | Report Abuse

RedEagle
Quarter report is coming out end of the month
It won't disappoint!

Posted by Tornado > 2014-05-21 10:58 | Report Abuse

@CT, all the insider shares disposition were transacted at fixed 2.14 rm ,it was a very substantial qty of stock traded so does not look like an open market disposition. Could this be an institution buying ?

Posted by Brahims > 2014-05-21 11:16 | Report Abuse

Large amount the shares sold but also bought in open market at the same time. Do you think small share holders able to do so :)

Posted by CT Ong > 2014-05-21 11:30 | Report Abuse

@Tornado
You are right! i have been harping on this issue since it was announced.
This is how BRAHIMS shore their share up.This is not the first time.
Same pattern , same scenario. Take note.

The directors have been paring down their stakes to institutional players. You need players
to push. Good news is just not good enough. They are shaking the faint hearted share holders.
Once subside , then the engine will roar again.
BTW you don't announce good news in MAY. The timing of announcing is very important.
Don't worry about the MAS shakeup, it's an opportunity and BRAHIMS won't get a RAW deal!

Posted by RedEagle > 2014-05-21 13:39 | Report Abuse

1.90?

Posted by iwtbsi > 2014-05-21 20:04 | Report Abuse

today no down, good!

Posted by iwtbsi > 2014-05-21 20:06 | Report Abuse

seems like Lembaga Tabung Haji was the one who acquired 4 million shares.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1629061

Posted by kingdomtan888 > 2014-05-21 21:30 | Report Abuse

Is it a good sign? Since t.haji buying