i will say this every time when needed. It will not and can not go bankrupt. It has shitloads of cash piling to be used from taxpayers money . dont worry :P. as much as most of you hate it lets use it to our own advantage :P
CT, my fren, long time no hear, pls share your latest view on Brahims. I hope airlines operators learnt from a series of mishap that happened recently around airlines industries and provide a far better enhanced safety to all global travellers.
I sold all at 2.00. Now slowly collect back. Average at 1.81 now. Cut loss at 1.65, but continue to accumulate at 1.70-1.75. MAS will definitely announce another rocket high losses in Aug. I believe Gov will inject money immediately for next 12 months. The influence to Brahims still unclear. I temporary hold some money and monitoring current situation before add more money.
The price will up down up down by few cents only. No big move in next 6months. If you do not have a plan , just leave the money in this stocks. I will sell some of my shares at the price close to my average price or after the result out. Happy trading :)
Khazanah would take MAS private subsequent to a minority-shareholder buyout, and has sought calling to 'critically require all parties to work closely together' on the overhaul of the carrier.
Blessing in a way, as MAS going-concern uncertainty was clouding Brahims. Now we know where MAS is heading, and shall see what comes next for Brahims.
If privatised, the contract topic will remain unclear, it definitely not good for Brahims. If MAS declared bankruptcy, the topic will close and Brahims will move on. Brahims and MAS relationship will remain unclear, do not expect Brahims will get better in short time :)
I would be looking forward to the restructuring plan of MAS, and what the respective creditors have to say. MAS share price had been on the downhill while Brahims otherwise, inferring reasonable fundamentals to support. In any case, would be interesting to see the Management action , and the subsequent analyst report that follow suit.
Number of visitors to Malaysia will remain consistence. Not using MAS then using other airlines, most still serve by Brahims. Profit margin is better than MAS orders. MAS order has too many layers in between the deal and the profit margin is very low. Other airlines order are less layers, better profit margins. Fundamental is there, just need longer times to recover. Stay calm for 2-3months. Happy trading :)
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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....
sheep
3,851 posts
Posted by sheep > 2014-07-20 13:00 | Report Abuse
next support is 1.75. If broken..limit down..