MAS - Suspension, Why do you think it get suspended?
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 Jun 11 2009, 05:50 PM, updated 17y ago
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#1
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Senior Member
1,954 posts Joined: May 2008 From: Penang  
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Hello forumers,
I just open this topic for 24 hours....Hehehe.... After that moderator can remove already....This is purely a speculative topic and rumour. But then again, MAS counter already suspended so cannot buy and sell tomorrow. So why do you think it is suspended? I fishing for information. |
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Jun 11 2009, 06:25 PM
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#2
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Senior Member
846 posts Joined: Jan 2003 From: Kuantan Pahang
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i entered forum to post on this and saw this thread already....
yeah man why? is it because of the code share with turkish airline. QUOTE MALAYSIAN AIRLINE SYSTEM BERHAD ("MAS" OR "THE COMPANY") - SUSPENSION OF TRADING MAS wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Malaysia") has approved the Company's request for a suspension in the trading of its shares for one (1) market day on 12 June 2009. The request for suspension is made under paragraph 3.1(b) of Practice Note 2/2001 of the Listing Requirements of Bursa Malaysia as MAS is making an announcement on 12 June 2009 of its 1st Quarterly Results 2009 based on the early adoption of FRS 139. This announcement is dated 11 June 2009. QUOTE MAS, Turkish AirlinesSign Code-Share Pact Malaysia Airlines (MAS) and Turkish Airlines have sealed a code-share agreement which would provide both airlines with an air bridge into respective key markets. MAS would have access into Turkey, Europe, Commonwealth of Independence States (CIS) and North Africa while Turkish Airlines will gain access to Malaysia, South-East Asia and Asia-Pacific. (Financial Daily) This post has been edited by aeronic: Jun 11 2009, 06:26 PM |
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Jun 11 2009, 07:20 PM
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#3
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Senior Member
3,423 posts Joined: May 2009 From: My Private Yacht
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QUOTE(aeronic @ Jun 11 2009, 06:25 PM) i entered forum to post on this and saw this thread already.... 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.... yeah man why? is it because of the code share with turkish airline.   |
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Jun 11 2009, 07:43 PM
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#4
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Senior Member
4,305 posts Joined: Sep 2008
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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.... Haha... maybe... but one time pain better than pain every 3 months  |
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Jun 11 2009, 10:00 PM
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#5
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Junior Member
166 posts Joined: Nov 2008
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QUOTE(aeronic @ Jun 11 2009, 06:25 PM) i entered forum to post on this and saw this thread already.... Not bcos of copde share....code share is business opportunity so it shud be making money....unless TURKISH AIRLINES is buying Mas shares...may be becos they still cannot submit their Annual Report which has been delayed ..May be MAS cannot give the reason to SC for the further delay..the first delay was due to MAS adhering to FRS...just my opinionyeah man why? is it because of the code share with turkish airline. |
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Jun 12 2009, 11:51 AM
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#6
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All Stars
17,876 posts Joined: Jan 2005 
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I heard MAS is going to announce bad quaterly result. So suspension is to prevent share price drop.
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Jun 12 2009, 11:54 AM
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#7
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Senior Member
1,954 posts Joined: May 2008 From: Penang
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Jun 12 2009, 11:57 AM
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#8
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Senior Member
594 posts Joined: Mar 2005 From: Bowser Koopa Castle
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Yeah, some meeting is going on today. And yeah, they are going to declare the
This post has been edited by koopa: Jun 12 2009, 12:01 PM |
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Jun 12 2009, 01:30 PM
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#9
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Senior Member
7,960 posts Joined: Dec 2007 From: Kuala Lumpur
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QUOTE(koopa @ Jun 12 2009, 11:57 AM) Yeah, some meeting is going on today. And yeah, they are going to declare the does anyone know when will they declare the quarter result ? very excited to see the report  |
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Jun 12 2009, 01:37 PM
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Senior Member
3,196 posts Joined: Feb 2006
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hmm suspend stock to avoid share lost..how long they can suspend..duh
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Jun 12 2009, 02:01 PM
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Junior Member
114 posts Joined: Feb 2009
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why MAS's management so poor.... zzzz
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Jun 12 2009, 02:04 PM
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Senior Member
3,790 posts Joined: Aug 2007
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guess who's the recently appointed advisor to MAS ?
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Jun 12 2009, 02:07 PM
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Senior Member
594 posts Joined: Mar 2005 From: Bowser Koopa Castle
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QUOTE(mopster @ Jun 12 2009, 01:30 PM) does anyone know when will they declare the quarter result ? very excited to see the report Suppose to be today. And yeah the advisor is Badawi |
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Jun 12 2009, 02:10 PM
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Senior Member
3,790 posts Joined: Aug 2007
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thats what happens when one puts a "sie mau" (dead cat) in place to look after all the tikus.
siang pagi masuk opis tidur, malam tangkap ayam. |
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Jun 12 2009, 03:19 PM
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Senior Member
7,960 posts Joined: Dec 2007 From: Kuala Lumpur
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i think their report is out...
their secretary resigned.. btw.. im not too good at reading financial reports.. is the loss 6billion ?? |
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Jun 12 2009, 03:24 PM
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Senior Member
1,954 posts Joined: May 2008 From: Penang
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So there we have it....Thanks to everyone for contribution.
MAS reported loss of 41sen per share. There is a drop in their NTA from 2.5 to (0.27) meaning to say they are owing folks money. Nope, the loss is not 6 Billion. It is RM694million. Here is the report. Attached File(s) 
MASQ1.pdf ( 80.94k )
Number of downloads: 42 |
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Jun 12 2009, 03:28 PM
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Senior Member
3,196 posts Joined: Feb 2006
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hmm new TP is?
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Jun 12 2009, 03:33 PM
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Senior Member
7,960 posts Joined: Dec 2007 From: Kuala Lumpur
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QUOTE(VyvernS @ Jun 12 2009, 03:24 PM) So there we have it....Thanks to everyone for contribution. haha sorry sorry.. MAS reported loss of 41sen per share. There is a drop in their NTA from 2.5 to (0.27) meaning to say they are owing folks money. Nope, the loss is not 6 Billion. It is RM694million. Here is the report.  694m.. thanks for correcting me |
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Jun 12 2009, 03:52 PM
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Senior Member
3,196 posts Joined: Feb 2006
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profit?
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Jun 12 2009, 03:57 PM
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Senior Member
7,960 posts Joined: Dec 2007 From: Kuala Lumpur
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QUOTE(hellfire8888 @ Jun 12 2009, 03:52 PM) profit? i think there is some mistake at bursa website... take a look into actual report.. |
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