Posted by RedEagle > 2014-05-21 22:16 | Report Abuse

Tomorrow must push.. everybody must q sell 1.98^.. ;)

Posted by Tina Khoo > 2014-05-21 22:17 | Report Abuse

Its a good sign!

Posted by iwtbsi > 2014-05-21 23:27 | Report Abuse

relax, long term investment. The price will come back if the quarterly result is better and better.

Posted by RedEagle > 2014-05-22 00:06 | Report Abuse

Haji Season.. more food to supply..

Posted by thinkstodo > 2014-05-22 03:35 | Report Abuse

Profit taking 3 2 1 action 1 2 3 action hahaha

Posted by Brahims > 2014-05-22 09:43 | Report Abuse

Update from HLI, short term target price revised to 2.21. 1.80 cut loss. short term uptrend 2.07 due to heavy sold off. Not sure how true Happy trading :)

Posted by iwtbsi > 2014-05-22 10:24 | Report Abuse

the hulk come to rescue brahims today. up 3 cents now

Posted by RedEagle > 2014-05-22 13:19 | Report Abuse

Profit taking again.. q lower..

Posted by RedEagle > 2014-05-22 16:57 | Report Abuse

Good close...

Posted by iwtbsi > 2014-05-22 17:26 | Report Abuse

up 3 cents, good sign. Tomorrow continue.

Posted by RedEagle > 2014-05-22 18:46 | Report Abuse

Go back to $2^ ;)

Posted by iwtbsi > 2014-05-22 20:43 | Report Abuse

why just 2? 3 or 4 la.

Posted by CT Ong > 2014-05-23 06:00 | Report Abuse

CT Ong Below is The Star Online News yesterday:
New TP price is RM3.13 by HLIB and not any other unfounded or unsubstantiated price stated or otherwise elsewhere.
They must always be consistent with what they wrote.
HLIB analyst recommend this stock based on facts and figures which is supported by strong fundementals.
They are supposed to be credible and reliable with their analysis.
If they speak with a forked tongue, then HLI management will flushed them in the toilet bowl and send them to an asylum.




Brahim's outlook remains intact, although MAS' problems may have an impact

by isabelle lai

PETALING JAYA: Inflight caterer-cum-restaurant operator Brahim’s Holdings Bhd’s long-term prospects remain intact even though in the short-term, the problems at Malaysia Airlines (MAS), from which the company derives a majority of its earnings, may have an impact.
Hong Leong Investment Bank (HLIB) Research analyst Grace Chew said in a report that Brahim’s may take an earnings hit of up to 22.5% should MAS embark on restructuring plans and capacity cuts.
She said this assumed a 30% cut in passenger capacity, given that Brahim’s derived between 70% and 75% of inflight catering revenue from MAS.
However, the silver lining is that should travellers opt for other airlines, which are already existing Brahim’s customers, then the impact on the company’s earnings would be much less than the 22.5%. Brahim’s supplies meals to over 30 other airlines.
“Furthermore, we gathered that the share of inflight catering revenue by foreign airlines (non-MAS) is growing at a faster rate due to the higher price per meal charged. The higher price is largely due to the higher quality of food demanded by respective airlines in an effort to remain competitive among other full-fledged carriers.
“Thus, we do see potential of the share pie of foreign airlines to continue growing, which would then result in lesser dependency on revenue generated from MAS,” Chew said.
She added that if this worst-case scenario of a 22.5% revenue hit occurred, it would reduce HLIB Research’s target price for Brahim’s to RM2.81 from RM3.13, which was still a 42% upside to its closing price of RM1.97 on Monday.
Brahim’s share price dropped 5.29% on Monday after being negatively impacted by media reports quoting Prime Minister Datuk Seri Najib Tun Razak mentioning that bankruptcy would be one of several restructuring options for the ailing airline.
However, a government spokesman on Monday clarified that Najib did not mention bankruptcy specifically as an option, but told the Wall Street Journal that MAS’ status as a public company needed to be taken into consideration.
MAS’ shares dipped to a record low of 15 sen in early trade on Monday on heavy volume, while its share price has fallen some 50% year-to-date, with investors concerned about the future of the national carrier following the Government’s strong message that it may be allowed to fail.
In its first quarter ended March 31, MAS posted a wider net loss of RM443.9mil on a revenue of RM3.6bil, making it the biggest net loss in over two years and the fifth consecutive quarter of losses.
Meanwhile, Chew said in the event MAS ceased operations, which she thinks is unlikely, the 25-year concession agreement with Brahim’s would be terminated.
In this respect, Brahim’s would then be paid RM318mil for the termination, as the company had paid RM130mil for the remaining 49% stake in Brahim’s-LSG Sky
Chef Holdings Sdn Bhd bought from LSG Asia GmbH in January last year. Chew said earnings would then be impacted for less than a year, since the payment would enable the company to immediately inject assets (Desatera Sdn Bhd and Dewina Food Industries Sdn Bhd) belonging to Datuk Ibrahim Ahmad Badawi, Brahim’s executive chairman and controlling shareholder.
“These injections would partially fill in the loss from MAS’ contributions, while the remaining would be from other airlines that could potentially replace MAS’ routes, as well as potential mergers and acquisitions that Brahim’s is currently on the lookout for,” she said.
Additionally, Chew said Brahim’s latest collaboration with Makkah-based Dhyafat Albalad Alameen Co Ltd to supply food to the pilgrims would potentially result in a significant earnings boost starting financial year 2016, and would also serve as another layer of “protection” to earnings.

Posted by lotusf1 > 2014-05-23 06:35 | Report Abuse

Ct ong ....speculations and rumour mills building up that MAS would cease opeartions by end of tis month .on agood note tis rumour mills are unfounded and lack credibilty as as MAS Would continue to fly and service their customers..as quoted by its CEO in the media..Imperatively all.Inflight meals on alll MAS flights would continue to be provided by Brahimss!

Posted by Wong > 2014-05-23 06:40 | Report Abuse

Guys... if you compare MAS RPT with Brahim. Brahim revenue is 70% from MAS

Posted by RedEagle > 2014-05-23 08:21 | Report Abuse

Kite must fly next week...

Posted by Brahims > 2014-05-23 15:42 | Report Abuse

Wong, where you get this figure or you just guessing ^_^

Posted by Asria > 2014-05-23 15:45 | Report Abuse

Brahims no need to guess lah, all already stated in new

Posted by Asria > 2014-05-23 15:45 | Report Abuse

news

Posted by RedEagle > 2014-05-23 16:11 | Report Abuse

Time to enter buy.. good report coming...

Posted by Brahims > 2014-05-23 16:40 | Report Abuse

Asria, send me the link to show 70% of Brahims revenue.

Posted by Asria > 2014-05-23 16:45 | Report Abuse

http://klse.i3investor.com/servlets/fdnews/221217.jsp

Posted by Asria > 2014-05-23 16:49 | Report Abuse

http://klse.i3investor.com/blogs/hleresearch/52417.jsp

Posted by Asria > 2014-05-23 16:49 | Report Abuse

For the second one please also read the full detail of the analysis

Posted by Asria > 2014-05-23 16:50 | Report Abuse

Brahims you can also refer to what posted by CT ong recently

Posted by Brahims > 2014-05-23 16:58 | Report Abuse

Thank you Asria

Posted by iwtbsi > 2014-05-23 21:05 | Report Abuse

dont worry, tomatoes are good for health

Posted by Nononsense > 2014-05-24 00:44 | Report Abuse

http://someinvestmentideas.blogspot.com/

Posted by Wong > 2014-05-24 11:13 | Report Abuse

Brahim...i am not guessing...u can compare both company quarterly report...for MAS..u find related party transaction vs brahim revenue. Thats how the 70% derive.

You can refer to the news today by the director from the star:

http://www.thestar.com.my/Business/Business-News/2014/05/24/Tough-times-for-Brahims-Inflight-meals-provider-hit-by-troubles-plaguing-its-largest-customer-MAS/

Posted by Zai Zai > 2014-05-24 14:45 | Report Abuse

As Ibrahim puts it: “The reality is this - we are the only viable caterer in the airport. As long as planes fly off from KLIA, we will be there.”

Posted by RedEagle > 2014-05-24 14:45 | Report Abuse

This counter also must hantam to 2.20 next week..

Posted by iwtbsi > 2014-05-24 19:15 | Report Abuse

Quote from thestar newspaper, brahims has signed a deal with AirAsia X. Good news.

Posted by iwtbsi > 2014-05-24 19:23 | Report Abuse

Hi Guys, load more when you have free money. This is a golden chance!

Posted by RedEagle > 2014-05-24 22:26 | Report Abuse

Tought time for Brahim's in thestar online today.. klia2, signed with air asia x.. next week must touch 2.20

Posted by Tina Khoo > 2014-05-25 00:10 | Report Abuse

Thks guys..for the latest info. Confident tat Brahims will back to rm2 & above soon.

Posted by RedEagle > 2014-05-25 09:24 | Report Abuse

Hold... q sell above $2... ;)

Posted by Tina Khoo > 2014-05-26 09:40 | Report Abuse

Dropping so much!

Posted by Asria > 2014-05-26 09:43 | Report Abuse

What about the margin for the air asia X compare with mas? I think the signed with air asia x margin will be much lower compare to mas and it will reduce Brahims profit.

Posted by zylkron > 2014-05-26 09:50 | Report Abuse

bleeding ouch

Posted by Brahims > 2014-05-26 10:23 | Report Abuse

Dropped more than 50% since one month ago. :)

Posted by traderman > 2014-05-26 10:34 | Report Abuse

keep buy, buy buy buy, got sugar factory, no fear

Posted by davidvestor > 2014-05-26 12:21 | Report Abuse

better hold on, buy later, things are unclear, support is very weak...?

Posted by traderman > 2014-05-26 13:04 | Report Abuse

i bought last year christmas at 1.75 and it went all the way up to 2.7, now 1.77 ... almost 1 dollar erase, dont see is profit taking, more like fundamental change.

Posted by dknycom > 2014-05-26 13:21 | Report Abuse

Hoping the nightmare will end today. tomorrow must wake up.

Posted by CT Ong > 2014-05-26 13:56 | Report Abuse

Some facts to ponder:

Dato's stake 40%, Tan Sri Mohd Ibrahim= 30%, Tabung Haji =15%, Felda=5% and
KWAP only 3 000 000
These shares are tightly held by the 4 major share holders and i do not see them selling any single share till today.
so, who is selling? that's baffling us!
It's a few institutional investors disposing and this will only tapered off by the 28/05 so we need to be patience . It's jittery!
One man's meat is another man's poison!


Do the Maths and you will see that the major share holders + institutional holders are holding more than a 100%
Perplexing right?
This clearly tells us that other than the major share holders there is a change in institutional ownership now
The top 30 Share holders are holding almost 90% of the shares.

The free floats is only less than 10%
Don't worry too much , I nearly gave up 2 years ago when it plummeted a few rounds that caused lots of fear and anxiety.


In the end I reap what I sow.

Hold on to dear life, let the institutional investors sell as they thought it's the end of the road for Brahims. Anyway they don't feel much pain as it's not their money per se.

Believe me, BRAHIMS will be back!



Shares issued: 236.285m

First private placement to Felda: 10,740,250
23/05/2013.
Issue price per share
RM1.450




Second Private placement to Tabung Haji
28/02/2014
10,740,250
RM2.339


Dato Ibrahim pare down his stake from 117 905 000 to 113 905 000 and then 12/05: 96 005 000= 40.63%

Tan Sri Mohd Ibrahim also pare down his stake from 92 905 000 to 88 905 000 and then 12/05: 71 005 000= 30.05%

# Dato Choo Kah Hoe = 25 000 000 = 10.6% -not sure of the stake by now? in question.

Tabung Haji= 35 201 850= 14.9%

Felda=12 223 850=5.17%

KWAP-retirement fund=3 000 000






Institutional shareholders



Great Eastern Life Assurance Co. Ltd. as of 09 Apr 2013
7.49m 3.17%

Employees Provident Fund as of 09 Apr 2013
3.74m 1.58%

Public Mutual Bhd. as of 09 Apr 2013
2.96m 1.25%

RHB Asset Management Sdn Bhd. as of 30 Jun 2013
2.31m 0.98%

Libra Invest Bhd. as of 31 Dec 2013
2.02m 0.85%

Saham Sabah Bhd. as of 09 Apr 2013
1.78m 0.75%

AmInvestment Management Sdn. Bhd. as of 30 Sep 2013
1.01m 0.43%

Areca Capital Sdn. Bhd. as of 31 Dec 2013
599.50k 0.25%

CIMB-Principal Asset Management Bhd. as of 31 Jan 2014
16.00k 0.01%

Posted by davidvestor > 2014-05-26 15:08 | Report Abuse

no clarity of the Mas's contract, Co. is not coming out to say something and everybody in the dark, only a few know the impact.

Posted by kcchongnz > 2014-05-26 15:13 | Report Abuse

A loss of species at the top of the food chain could have far-reaching effects on the environment, according to a study in the Journal Science.

Some of the world’s top predators - including lions, wolves and sharks - are in sharp decline. Human activities like pollution, habitat destruction, overfishing and hunting are largely to blame.

Posted by martiniclub7 > 2014-05-26 15:15 | Report Abuse

I wonder when will Brah stop bleeding. Bled almost RM0.60 in less than 2months. People always say time to grab, but it keeps dropping. Don't catch a falling knife people. Be careful.

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

after mh 370, the stock start the downtrend, at 2.4, people said good buy, 2.3, people said good buy, 2.2, still good buy, 2.0, very good buy, 1.7 ??? good buy or good bye ? anyway i do believe in technical rebound.

myself cut at 2.23, bought at 2.6 due to greedy ... erase part of my early year gain but manage earn back from pmetal ...

Posted by RedEagle > 2014-05-26 15:20 | Report Abuse

Can enter buy in now?