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 MAS - Suspension, Why do you think it get suspended?

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htt
post Jun 11 2009, 07:43 PM

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QUOTE(David_Brent @ Jun 11 2009, 07:20 PM)
Maybe they've got some truly horrid results to announce ('cos of their hedging losses?) and don't want the shares to tank before Monday.... hmm.gif
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Haha... maybe... but one time pain better than pain every 3 months tongue.gif
htt
post Jun 12 2009, 06:48 PM

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QUOTE(hellfire8888 @ Jun 12 2009, 03:59 PM)
star say profit..
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No, loss RM695m after tax.
Operating goes into red. And those derivatives not closed all yet...

This post has been edited by htt: Jun 12 2009, 06:54 PM
htt
post Jun 12 2009, 11:19 PM

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QUOTE(amco @ Jun 12 2009, 10:16 PM)
MAS already bailed out 2 times!. Now having negative shreholders' fund and fall into PN17. LoL.. malaysia GLC boleh!!

user posted image

Look SIA.. 10x market cap more than our bolehland MAS.
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Think like this Air Asia going to overtake MAS one day...
htt
post Jun 13 2009, 10:35 PM

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QUOTE(AutumnFoliage @ Jun 13 2009, 05:44 PM)
wont let Mas Bankrup gua...    hmm.gif sweat.gif
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MAS should still survive if the oil price hike...
But even if government strip off all their debts & left them with cash & they still left with negative equity after a few years, I just wonder shall government do it again?
htt
post Jun 15 2009, 06:36 AM

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But one thing shall be taken note of, operating also loss money.
htt
post Jun 15 2009, 11:13 AM

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QUOTE(cherroy @ Jun 15 2009, 11:02 AM)
Just to add,
MAS is an airliner company, they should hedge according to the operation needs, not act as like oil traders to guess which way oil price will go.
This is not the company objective.

Just like what plantation companies are doing, as long as the CPO price is profitable, they hedge the CPO price by selling at futures first disregard how future is look like be it up or down. You don't bet the market as long as business is profitable which is the company objective.
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Maybe they are trying to achieve its delta hedge? But MAS didn't disclosed the hedges they are in, just leaving words like 'various hedges', but after booking in that kind of price to their COGS (assumed effective hedge), MAS should be continue to red for the rest of the year (if oil price don't up).

Buying this might be exposure to fuel future also, if any unrest happened at place like Iran, they might be there to ripe the profit. But always no good looking for profit from others misfortune.

Just my 2 cents.
htt
post Mar 1 2012, 10:00 AM

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QUOTE(lucifal @ Mar 1 2012, 09:35 AM)
Feels like another privatisation coming? If price for MAS stocks drops further, an excuse would be to privatise it to re-structure and then re-list it few years later once its back to profitability. Maybe this is the reason they keep declaring losses.

Similar excuses made before for MAXIS, and other counters.
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If they can offer the sweetheart deal like they offered to TR last time, that can bring a lot of cheers to the shareholders, but even more mad.gif from taxpayers...

Frankly, until they can permanently bring down the cost and improve efficiency, else I don't think I will ever buy it...

 

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