Posted by traderman > 2014-05-26 15:35 | Report Abuse

if you 'die die' wanna buy brahims, 1.7 buy 1st portion, 1.6 2nd portion, 1.5 3rd portion. and must have holding power as currently bad news hit MAS and brahims

Posted by up_up_up > 2014-05-26 15:41 | Report Abuse

wow...luckily ran earlier.

Posted by iwtbsi > 2014-05-26 15:51 | Report Abuse

quote from warrent buffet : "should feel greedy when people feel fear" :)

Posted by iwtbsi > 2014-05-26 15:51 | Report Abuse

buy more when things become cheaper.

Posted by greddym3 > 2014-05-26 15:52 | Report Abuse

warren buffet can average down his price without limit.we cant

Posted by davidvestor > 2014-05-26 15:53 | Report Abuse

bull turn bear? big move down today! some one must be very worry...buying time coming soon..

Posted by zylkron > 2014-05-26 16:47 | Report Abuse

haha ranjiao. how about some love man. :P

Posted by sheep > 2014-05-26 16:49 | Report Abuse

bungkus mcm nasi lemak...

Posted by HC Lee > 2014-05-26 16:53 | Report Abuse

Makan bubur dah..atau jadi kerbau makan rumput dah..

Posted by mrchuckle363 > 2014-05-26 16:57 | Report Abuse

Pffftttt...

Posted by RedEagle > 2014-05-26 16:57 | Report Abuse

1.60 tomorrow makan rumput ramai2..

Posted by brendonyeap > 2014-05-26 16:58 | Report Abuse

thank god managed to sell high at 2.17 before the massive blood bath.

Posted by Tina Khoo > 2014-05-26 17:04 | Report Abuse

Bleeding .....

Posted by iwtbsi > 2014-05-26 17:14 | Report Abuse

1.70 new low. Anyone know what is the date of contract review?

Posted by davidvestor > 2014-05-26 17:31 | Report Abuse

is there is a date they won't tell us, they sell first or buy first. I wait for the dust settle down first..

Posted by zylkron > 2014-05-26 17:32 | Report Abuse

lol

Posted by optimus8 > 2014-05-26 17:33 |

Post removed.Why?

Posted by davidvestor > 2014-05-26 17:37 | Report Abuse

maggi mee still worth > rm1.0, stock up at rm0.5 hee..

Posted by RedEagle > 2014-05-26 18:32 | Report Abuse

Very hot here...

Posted by alphajack > 2014-05-26 18:34 | Report Abuse

bb liao..back to 1.50 soon

Posted by RedEagle > 2014-05-26 18:40 | Report Abuse

Juz two days can get @ 1.50?

Posted by Brahims > 2014-05-26 19:10 | Report Abuse

Can if all big giant purposely want to do it together with Felda, Tabung Haji and MAS. So far the Mas contract discussion still unclear, no one from Brahims speak about the rumous. If Mas/brahims announce a bad news about the decision. I afraid the price will further drop to below 1.30 before recover. mean the price will drop 100% from peak at 2.70. High risk will be a bad news ;( .So trade at your own risk. the resistance 2.00, 1.85 broken so easily, very unexpected. Now no idea where is the next resistance. Result will not enough to wide-out the bad news about MAS. Only good new about the mas contract will help to boost the price in short term.

Posted by Bernard Tan > 2014-05-26 19:28 | Report Abuse

hope tomorrow can go up.....up....up....

Posted by ChunJui Lee > 2014-05-26 19:31 | Report Abuse

it's already oversold for quite some time technically a rebound should be expected..... however till the mas issue is being resolved downward trend may supersede..

Posted by Samtuckfatt > 2014-05-26 19:34 | Report Abuse

te: 20/05/2014

Source : HLG
Stock : BRAHIMS Price Target : 3.13 | Price Call : BUY
Last Price : 1.70 | Upside/Downside : +1.43 (84.12%)

Back

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.
Risks
Pandemic outbreaks
Slowdown in passenger movements
Termination of concession agreements
Relatively elastic demand
Appreciation of US$ and/or depreciation of RM
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

Posted by ChunJui Lee > 2014-05-26 19:44 | Report Abuse

aiyo ranjioa... they hold for quite some time 1 la.. they dont care bout movement at the short term...

Posted by RedEagle > 2014-05-26 19:59 | Report Abuse

So no impact even good result.. hope get clear briefing about MAS contract..

Posted by optimus8 > 2014-05-26 20:45 | Report Abuse

1.30....

Posted by Danny Mah > 2014-05-26 23:09 | Report Abuse

Buy,

Posted by cschua > 2014-05-27 08:53 | Report Abuse

This is a classic scenario that people sell due to fear of MAS effect. It is time to load up the shares at 1.70 and hold for at least 1 year.

Posted by RedEagle > 2014-05-27 09:14 | Report Abuse

Wait... so fast... wait...

Posted by positive99 > 2014-05-27 12:22 | Report Abuse

Quarter results out soon. Waiting to shoot up any time.
1.74 now, up 4 cents.

Posted by Brahims > 2014-05-27 14:01 | Report Abuse

ranjiao, u potong wat? If not 1.5, r u going to potong? positive, as i mentioned, i not optimistic the result will help to boost price that much unless the mas contract decision already made.

Posted by tralala > 2014-05-27 14:26 | Report Abuse

lol, ranjiao, u can start potong'ing

Posted by iwtbsi > 2014-05-27 14:47 | Report Abuse

if you think this is worth, just buy. Invest is like that, you cant predict the price.

Posted by RedEagle > 2014-05-27 17:01 | Report Abuse

Lucky who bought yesterday...

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

2 more days to report

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

Don't touch Brahim! Brahim getting 70% revenue from MAS! How to recoup 70% revenue if MAS declare bankrupt! You know I know its just a matter of time! Union too strong, only bankruptcy can unleash its chain!

Posted by tralala > 2014-05-27 22:54 | Report Abuse

lol... didnt u read the news today before u cock here?

Posted by Bernard Tan > 2014-05-27 23:17 | Report Abuse

what news today?

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

Mas rules out bankruptcy

http://www.nst.com.my/business/latest/mas-rules-out-bankruptcy-1.606016

Posted by Bernard Tan > 2014-05-27 23:45 | Report Abuse

This is really a very good news and Brahims will going up, just a matter of time only

Posted by fortunebullz > 2014-05-27 23:50 | Report Abuse

Ha! They just dont want investors to panic! MAS is bleeding seriously! Just look at recent quarter report which yet reflect MH370 losses! This is my advise! I wont come and remind i told you so!

Posted by Nononsense > 2014-05-28 00:19 | Report Abuse

I don't understand why is a potential MAS bankruptcy a problem for Brahim's? Unless you are telling me a bankrupt company can continue charging customers without paying suppliers which makes no sense to me.

Posted by fortunebullz > 2014-05-28 00:27 | Report Abuse

If you dont understand, better learn to understand before investing! I already explain 70% revenue of Brahim from MAS! How do you expect trouble airline like MAS guarantee you that Brahim will continue getting fat money from MAS! Look! I made rm1 profit margin from Brahim! I wont put my money if i know my doubt very strong! Like i said, you money your problem! I am just telling you the truth!

Posted by Nononsense > 2014-05-28 00:42 | Report Abuse

You haven't answer my question:
You mean MAS can charge their customers for meals without paying Brahim's a single cent?

So MAS doesn't need to pay for utilities, staff costs, fuel etc? If this is the case, it is not a bankruptcy anymore, it is call close shop.

Posted by RedEagle > 2014-05-28 06:55 | Report Abuse

Fortunebullz 0 - Nononsense 1 ;)

Posted by lotusf1 > 2014-05-28 07:21 | Report Abuse

Somtimes frtunebull becomes erratic n lost his senses n ends up sounding weird .!
as long as MAS flies brahim foods still being served n MAS is on d way to do everthing it can to bring back the compny to profit ...just refer t d media report by haslinda amin by its director..Brahim still looking good as it has diversified business n pointing t stable fundmntal ; thats right no bankruptcy issue fr MAS n MAs will still continue to conduct its business as usual...MAs mngment are looking down at their costings bottomline by reviewing all cost drivers inlding routes ,fuel costs, ovrheads ....etc..just a concern thatbtis time MAS has to be more serious n better focus to strengthen their balance sheet..

Posted by chiongster1234 > 2014-05-28 07:33 | Report Abuse

if MAS can bring profit, it should show in earlier days:) It looks like just for national pride nia. Looking down here and here...wish Brahmin can collect payment always.

Posted by johnny cash > 2014-05-28 07:38 | Report Abuse

MAS is bleeding badly...please avoid tourism sector stocks