u guy really follow this bankrupt share???

:confuse:

It is not bankrupt yet. NAS as at 31/12/13 is RM0.24 and since MAS has a whooping 16,710,781,200 shares, total net assets is RM4,000,000,000...that's a lot of moolah.

Anyway, based on past 2 quarters MAS NAS has been dropping RM0.02 per quarter ( as at 30/6/13 NAS = RM0.28, @ 30/9/13 NAS RM0.26, @ 31/12/13 NAS RM0.24), and thus if this trend continues by 31/3/17, MAS will have NAS of RM0...and then U can come back to this thread to say MAS is a bankrupt counter.

And if U study every stock price movement, they do not go down continuously...but go down say 3 cents, then go up 2 cents, then down 2 cents, then up 1 cent... so smart investors like wil-i-am will take advantage of this trend and make a quick cent or 2, which multiplied by the millions of shares they buy, he'll make a killing of RM50K or so quick profit within a few hours.

This post has been edited by topearn: Feb 25 2014, 08:57 PM

u mean buy and dump the share in hour?

Could be as quick as 5 min or couple of days, depending on the moment-by-moment price. If U buy at 9.05am at RM0.245 for 1,000,000 shares and at 9.10am price goes up to RM0.26 and U sell it, U'll be RM15,000 richer.

no wonder all share got problem becos of this method
usually i get long term 1
last time scomi i also do like this, but have to disturb my remisier keep asking price..
2 day sell it with profit

Remisier ? I thought they're extinct already ? We're in the 21st century, buddy.... online stock trading has been in existence for many years already and the brokearge fee is a fraction of what remisiers charge... not to mention, U can monitor the real-time stock pricing from the comfort of your home/office... no need to waste time calling anyone.
With online trading since the brokerage fee is so low, U can make profit even if the stock goes up 0.5 cents, e.g. buy buy RM0.26 and sell at RM0.265.

i working travel no time on my screen
plus every busy
that i depend on her.

thank for teaching me

This post has been edited by meistsh_musical: Feb 25 2014, 09:26 PM

http://www.thesundaily.my/node/242389

Flip-flops costly to MAS

Looks like u can read my mind...

Flip-flops costly to MAS
Posted on 25 February 2014 - 08:09pm
Azman Ujang
Print
WHAT has become of our national airline, MAS? Yet again, it has reported massive losses to the tune of RM1.2 billion for 2013 and the bad news is that there seems to be no end to this turbulence and things can only get worse before it gets better.

This comes on top of a record RM2.52 billion loss in 2011 that was narrowed to RM433 million in 2012.

BFM radio station opened its lines last week for listeners to air their views on the profusely bleeding airline and Malaysians across the board who phoned in were overwhelming in their view that MAS should be allowed to go "belly-up" as the radio show suggested, meaning to file for bankruptcy and start from scratch.

Analysts have also told Business Times that MAS should follow in the footsteps of Japan Airlines and American Airlines and file for bankruptcy, then operate under a new company and with the same name, if the registrar of companies approves.

Both troubled airlines have re-emerged stronger after doing so in 2010 and 2011 respectively, with American Airlines merging with US Airways Group to create the world's largest airline.

The radio listeners unanimously said because of MAS's embarrassing financial performance, there was no room for sentiment even over its status as our national or flag carrier to avoid taxpayers bailing out the airline as happened in the past. Some callers said a reality check for MAS is long overdue.

Over and above fundamental and other legacy problems MAS is saddled with, I would add its flip-flops and political interference as aggravating factors as well.
MAS has had its fair share of opportunities to make genuine turnarounds but each time political considerations threw a spanner in the works.

I'm talking about Datuk Seri Idris Jala's appointment in 2005 as MAS chief executive officer. He quickly came out with two turnaround/transformation plans that resulted in a profit of RM851 million for 2007 from a loss of RM1.3 billion. He also managed to cut some RM2 billion in costs while helming the airline.

Idris was seen as the best thing to happen to MAS in a very long time. The then MAS chairman, Tan Sri Munir Majid said his plans were meticulous, and Idris inspired everyone with his leadership and personal engagement, and communicated its need with every stakeholder tirelessly.

In an ideal situation, any company would love to have someone like Idris to see through his plans but this did not happen. He was instead appointed minister in the Prime Minister's Department in 2009 and the airline began to face even more turbulence.

In 2011, MAS CEO Ahmad Jauhari Yahya unveiled another restructuring plan with the airline as he described it then "very deep in crisis".

And in the same year, MAS and AirAsia signed a share swap deal aimed at deriving synergy between a premium full-service carrier and the best and biggest budget airline.

With AirAsia founder and group CEO Tan Sri Tony Fernandes owning a 20% stake under the deal, everyone was looking forward to him using his magic wand to save MAS and make it a success story as well.

Once again, politics got in the way. The share swap unravelled eight months later without being given time to prove its worth following stiff resistance from the 20,000 employees of MAS's unionised workforce, especially the MAS Employees Union (Maseu).

Maseu president Alias Aziz was reported to have met Prime Minister Datuk Seri Najib Razak three times to tell him that the share swap was bad for MAS. And as the general election was looming then, the deal was called off.

From the business point of view, MAS has the glaring disadvantage of having several unions which can hold the company to ransom no matter how viable its turnaround plans.

And we are now seeing the folly of the termination of this mega deal.

A prominent businessman in the aviation industry told me that MAS is now an incurable diabetic patient whose "legs have to be amputated".

The cause of the airline's problems is that it has gone overboard in every aspect of its operations. MAS with about 100 aircraft has 22,000 employees while AirAsia with 300 planes has only 9,000 staff. And salaries in MAS are also higher than AirAsia's.

"In other words, MAS is not a business entity. I would say MAS has been running like a welfare department," said the businessman, who spoke on condition of anonymity.

"From Day 1, MAS has been declared a national carrier to provide connectivity . Nobody cares about its business model as much as pushing this national carrier role. First stop the bleeding so that MAS does not bleed to death."

He also blamed MAS's woes, besides politics, on its owner, Khazanah Nasional Berhad. "They just don't care. For how many years, even before AsiaAsia, Firefly and Malindo came into the picture, had MAS been having serious problems? I can bet that even if the government tenders out MAS tomorrow (for sale), a few dozen businessmen will bid for it. But this is not going to happen. Why? Ask the government."

He also said that MAS could still be saved as there are capable Malaysians who could run it like a business entity as it should be by starting out as a new company on a clean slate.

Tony Fernandes couldn't hide his disappointment, calling on Putrajaya to review aviation policies as it could not afford to spend taxpayers' money on MAS.

He said despite cutting costs, MAS still incurred such massive losses and it could afford to do so because of government support.

He said: "My point is that if you're running a private company, could you afford to cut 16% of your costs and still lose RM1 billion. It's only because of taxpayers' money that one can afford to do that. And it isn't solving the issue."

I asked Fernandes if under these circumstances, could MAS still turn around?

His initial response was "No" but added that there is a chance if it cuts capacity, focuses on premium traffic and cuts costs. Get out of what he calls the "dumb" routes, like Dubai.

Some radio callers suggested the government allow Fernandes to do "national service" at MAS given his track record.

When asked to respond, he said: "Didn't we try that (before) and the government killed it."

What's next for MAS? Does the government have the political will to stop the bleeding, or can the airline afford another failure?

Azman Ujang is a former editor-in-chief of Bernama. Comments: letters@thesundaily.com

Yes, like an open book.
Just kidding, after reading your past postings, I know how U made your millions.

sub 25sen now...can masuk?

guess this is contra player type right?

long term 1 tarak daging makan

lol they still here...but quality getting downgrade and degrade... to me either they are here or no here no difference already..

same with me... tot make some good profit when i order while outstation, mana tau did not monitor it due to travelling part and make some losses in matter of few hours.

i feel you

This type of GLC wont be allowed to fail one la. Government simply inject more money into it.

Time to rebound...

IMO only contra player watching this stock