We shall wait for the game plan of Najib

I heard that the flight route taken are shunned by others Asian Airlines because of the conflict thingy

This post has been edited by davinz18: Jul 18 2014, 03:24 PM

MAS likely near end as publicly traded company

The company plans to present a revival plan to its state-run parent Khazanah Nasional Bhd. this week, people familiar with the matter said yesterday, asking not to be identified because the talks are private. The options range from Khazanah taking Malaysian Air private to bankruptcy, according to one of the people, with both routes involving a delisting.

http://www.themalaymailonline.com/malaysia...-traded-company

MAS should buy AirAsia to resolve woes: former MD
http://www.thestar.com.my/Business/Busines...woes-former-MD/

juz accept the 27c offer lah. it's kinda generous offer already for tis kind of company. wait longer, more losses

p/s: again with the number 7

This post has been edited by davinz18: Aug 8 2014, 04:02 PM

MAS privatisation: Take up Khazanah offer, Maybank IB tells shareholders

Maybank IB Research has advised investors to accept Khazanah Nasional Bhd’s offer of 27 sen per Malaysian Airline system Bhd share it does not already own to take the airline private.

Maybank IB analyst Mohshin Aziz in a note to clients said the long-awaited privatization by Khazanah Nasional would cost the state fund roughly RM1.4 billion to buyout shares that it doesn't already own.

He said the offer was unconditional, and will be pushed for completion as soon as possible.

“Go for it, take the offer and say thank you.. We have did an analysis on the sum-of-parts value of the Company a while ago and derive a value of RM4.1 billion or 25 sen.

“Therefore, Khazanah's offer of 27 sen is fair and in fact a nice 8% premium to our fair value,” he said.

Mohshin however added that any hope for a revised upward offer would not materialise, as its 2Q14 financial results to be released later this month would be awful and perhaps the worst in its history.

“When that happens, it will definitely spook everyone and evaporate any hope for a revised offer,” he said.

Alliance DBS Research said on Friday the SCR would be a timely exit opportunity for the minority investors, particularly as earnings momentum remains negative with an imminent cash call expected.

"The offer price of 27 sen implies a 4.1 times FY14F price-to-book value (excluding the perpetual Sukuk) and 21 times FY14F EV/EBITDAR (enterprise value/ earnings before interest, taxes, depreciation, amortisation and restructuring or rent costs).

Alliance DBS Research said as part of the restructuring, it expected MAS to realign/downsize its network and withdraw from unprofitable routes.

"This would remove the excess capacity within the industry, and bring yields to more sustainable levels, while benefitting the other domestic airlines (AirAsia, AirAsia X).

"Conversely, MAHB (Malaysia Airports) and Brahim's could see near-term earnings slow, if MAS is to downsize its network," it pointed out.

This post has been edited by davinz18: Aug 8 2014, 04:25 PM

agreed

Najib "wholeheartedly support" the privatisation of MAS

agreed the long-term contract need to be remove & replaced with performance based (review y-o-y)

KWAP agrees to swap up to RM750m of MAS existing perpetual sukuk into ordinary shares

This post has been edited by davinz18: Aug 29 2014, 04:58 PM

looks like it