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 MAS, under value?

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bengang13
post Jun 10 2014, 07:25 PM

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Anybody going for the meeting on25th?
bengang13
post Jun 18 2014, 12:04 PM

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sold at 0.25..thank you MAS
bengang13
post Jun 24 2014, 01:45 PM

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Guys just want to confirm tomorrow's meeting is at mas kelana jaya 10am?
Thanks
bengang13
post Jun 24 2014, 03:55 PM

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QUOTE(ikanbilis @ Jun 24 2014, 12:36 PM)
i just joined the fun at 0.205 today..... biggrin.gif Today is a good buy because the contra players last week who bought at 0.25-0.27 have to dump their shares today. I forsee at least a 10%-15% upside in a few days time. rclxm9.gif
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Bro. I am new to this contra. Where did you get the info? Thanks
bengang13
post Jun 25 2014, 08:23 AM

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Anyone going agm? See you there
bengang13
post Jun 25 2014, 11:07 AM

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QUOTE(gogo2 @ Jun 25 2014, 09:18 AM)
CEO resign is good news.
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Fat chance. His remuneration 2013 was rm2 mil
bengang13
post Jun 25 2014, 11:25 AM

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Now at agm. All director kena kutuk. Every year say will turn around but nothing forthcoming. Director all muka tebal only lar. Happily collecting their remunerations. When ask question all putar belit. Lol
bengang13
post Jun 25 2014, 11:30 AM

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QUOTE(gogo2 @ Jun 25 2014, 11:28 AM)
who are the investor? still got people holding this MAS meh? I thought only KWSP holding it.  hmm.gif
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A lot of auntie here. All complain loosing money. Hahaha. The auditorium is quite full
bengang13
post Jun 25 2014, 11:38 AM

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QUOTE(gogo2 @ Jun 25 2014, 11:28 AM)
who are the investor? still got people holding this MAS meh? I thought only KWSP holding it.  hmm.gif
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Just to add. From the report kwsp onl holds 0.12%. Big bulk is from khazanah 70%
bengang13
post Jun 25 2014, 11:44 AM

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QUOTE(ikanbilis @ Jun 25 2014, 11:33 AM)
Bad news. Cut loss now at 0.195. Lost RM8000 in a day. rclxub.gif
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Dun la.
bengang13
post Jun 25 2014, 01:50 PM

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QUOTE(topearn @ Jun 25 2014, 12:52 PM)
Any door gift ? Door gift at AGM is free MAS ticket to anywhere in the world ? Got nice lunch makan ?
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not that i know off. just makan lor....

I guess every knows Mas is basically a goreng counter. more so after this AGM i attended. MD gave a 10 min presentation.. what i gather is rather vague. same story liek last year..

we have :

1) world class assets
2) world class engineering
3) world class cabin
4) forgot what else

1 billion plus losses despite increase revenue

kinda disappointing they never highlight specifics area on what are their plans to turn around


During Q&A. kena bambu but never give direct answer. everyone was emotional, auntie, ex staff with 45 years experience blah blah blah..director all muka tebal.

now here is an interesting fact...NONE of the directors hold any shares in MAS.

the only solid thing i got from Q&A was from the MD. ppl were askign about MH370 insurance. according to teh MD, it is fully insured, air plane, engine, lodging etc. what is not insured is the "Branding". they lost 60% of china market went they sent blank for 2 months(no promotional event, marketing etc).

so same story every year. and i think the chairman is pretty lousy. suit more to be politician than executive.


bengang13
post Jun 25 2014, 03:04 PM

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QUOTE(topearn @ Jun 25 2014, 02:56 PM)
Just makan, so cheap skate ? UMW O&G free flow of food in thier cafeteria... breakfast and lunch. Door gift is bath towel with UMW O&G lettering. Got about 200 member/proxy attended.
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Umw make money. Mas lost 1b. Expenses more than revenue. How to give
bengang13
post Jun 25 2014, 05:37 PM

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QUOTE(andrekua2 @ Jun 25 2014, 05:05 PM)
Brahims nasi lemak biasa premium... so many empty seats sure got leftovers.
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speaking of brahims... I wanted to ask why the catering increase from 8mil to 32mil from fy12 to fy13 but no chance lar. all the apek all hogging the mic.. sweat.gif
bengang13
post Jun 25 2014, 05:40 PM

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QUOTE(tstan8_8 @ Jun 25 2014, 05:32 PM)
loss ald still wan to propose
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I was there..i oppose everything except for the approval of audit account..

on the resolution 6 which touches the remunerations, base on show of hands against was more than in favour. but that of coz wants salary so ask for balloting instead. so with balloting sure they win coz khazana is in their team..
bengang13
post Jun 25 2014, 05:45 PM

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QUOTE(davinz18 @ Jun 25 2014, 05:39 PM)
wat question they ask in AGM?  hmm.gif
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I can tell you this one thing the management did not answer any question except for the insurance of the MH370. the rest all putar halim.
when asked about CEO salary of 2mil(from MSWD) the chairman say "I can vouched for the directors they are very dedicated lar blah blah blah" basically all muka tebal only. and the chairman was hogging all the questions and directors all senyap only..only when one person insist on the MD to answer the insurance did he relent

luckily I made money from this counter if not I baling batu already..

apart from questions a lot of ppl gave their piece of mind..
bengang13
post Jun 25 2014, 05:59 PM

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QUOTE(davinz18 @ Jun 25 2014, 05:55 PM)
The management should have answer, not "cover-line" there  shakehead.gif MAS involve rakyat money  vmad.gif
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well I went to genting AGM it was done professionally most answers are given clearly, they have the whole management behind the directors with PC just in case they need to pull figures out. they state clearly what are their plans for the future.

this one all in all just like 5-10 min presentation from MD. lol...

yes you are right they should not cover line but truth be told I don't think they care. I did mentioned NONE of the directors are stake holders in MAS. NONE hold any shares in the company. and the chairman has got the cheek to blurt it out doh.gif
bengang13
post Jul 18 2014, 06:34 AM

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QUOTE(alaskanbunny @ Jul 18 2014, 06:32 AM)
Sell Sell Sell... potential 17 cents... with shortist 15 - 12 cents is possible...
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Same thought here. I'll say 0.15-0.16
bengang13
post Jul 18 2014, 09:08 AM

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stong resistance at 0.190
bengang13
post Jul 18 2014, 09:10 AM

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QUOTE(gogo2 @ Jul 18 2014, 09:08 AM)
As someone said above, Khazanah supporting like mad.  rclxms.gif
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i queue at 0.15...looks like tak dapat lerr

bengang13
post Jul 18 2014, 09:13 AM

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QUOTE(gogo2 @ Jul 18 2014, 09:11 AM)
I think retail investor not many. Khazanah can sapu habis and take it private.
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before this incident thet already hold 70%..now i donno lar..maybe 85%

QUOTE(fkinmeng @ Jul 18 2014, 09:11 AM)
hovering between 0.19 and 0.20.
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more buying than selling..really defy logic la.... rclxub.gif

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