Accounting

Net Tangible Assets or Net Asset Value ie. total liabilities less total assets/issued shares

As reported for Q1, the Net asset is now 0.28 sen down from 0.32 sen

This means if MAS cannot sustain or gov final bail out, this is the net value of the company as at Q1.

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Added on July 16, 2012, 8:54 pm
Typo should be assets less liabilities/issued shs

Cheap for gov to privatise now, few years later list again at few dollars ... 

then if 1000 shares at 0.1 par value, if they sell it at 90 cent, it still is RM900 right ?

I just wanna ask what is the different for existing holder if the par value drop from 1.0 to 0.1

wont take up the right issue sure will dilute the interest since right issue price usually cheaper than market price. Theoritical ex-price (TERP) wise. however, market is irrational. Finance knowledge dont apply much in stock market. such as efficinet market hypothesis, M&M theory are just bullshit. nothing applicable. 

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Added on November 28, 2012, 6:40 pm

We still not sure how the new entrance of Malindo will affect MAS market share. Even existing rival of Airasia he also cant compete ady.

The battle like 3 kingdom, Airasia is 魏国，malindo is 蜀国，MAS is 吴国. They have to keep battle and ensure all of them survive to avoid stiff competition. 生生相息.

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Added on November 28, 2012, 6:45 pm

MAS need a 周瑜 to run the board.

MAS has accumulated losses of slightly above 8 bill. So much for the many attempts in the past including Idris Jala to recover from losses. So the next best alternative is to go for capital reduction then rights issue and start anew. So the pricing for the rights according to The Star today is around 60 sen for 10 sen per share par value. Effectively, it will create a share premium account that is 5 times more than its share capital. So far so good. But the issue is that will the rights be priced competatively and based on forward PE of how much? I would say should be not be more than Airasia's 14. Or given it's lousy historical earning's record it should be below 10 as an added attraction for existing shareholders to subscribe for the rights and sustained it's share price above 60 sen, of course if 60 sen is the reasonable price to forward P/e. Or else, the scenerio of Asstro IPO will be replayed.

http://www.bbc.com/news/world-asia-26492748
Malaysia Airlines 'loses contact with plane'

"Good" news for Monday trade

Buy mas?

Wah.. u are being contrarian?

U can buy MAS-HA  

till the compensation off the loss of airplane.

then only know how much value of MAS.

...sorry...i didnt know,,must read their report see what their asset and cash..

i thought insurance company will cover the loss of the incident.

U place any bets?

It's impossible for MAS to drop 20 cents from now 24 cents to only 4 cents. MAS has probably 200 planes and just 1 plane missing will not cause price zoom down over 83%.

Confirmed news or speculation?

i thought they sold most of their building during idris jala time? ..... during the restructuring period that pull mas from the deep hole 

so it doesn't belong to them?

If U read thier latest annual report, if I'm not mistaken they have properties worth like over RM1 billion.