Stuck with Lsteel but i saw newspaper saying that material prices are rising...i hope this would trigger the share again ^^

lsteel has the highest PE among steel counters..
good luck boy....

sure..we have wesak marching(got permit one) in Kajang Town tonite at 7.30pm and Monday there will be a stage performance at Kajang Foshan 8pm

sorry OT liao....

so, tomorrow no trade la? ...

yeap, just read the newspaper and confirm about that.

Anyway, can anyone introduce some cement counters ? Cause i read newspaper that nextweek cement, steel, and oil and gas industries will have good fortune. And the resistance level is 1320 and support level will be 1280 .

ytl cement!!

aiseh .. no trade for tomorrow .. ah .. boring la my life .. .

hmmm...... planning to get the dividen counter Ta at around 1.16-1.17 , is it wise to take now or wait more time ?

Oh the pain, minyak now 128++. Bye Bye MAS & Airasia.

MAS should be quite ok... Since they've premium charges to cover their fuel surcharge. Airasia got nothing. Competition wise, MAS has more advantages than AA....

While Idris is pushing the company from losses to profits, Tony is like headless chicken... Complaint this and that.. He should have spent his time to concentrate more to formulate strategy to counter MAS...

keith_hjinhoh,

They are BOTH BAD for investment. If you want to goreng, that is another matter.

And, with multiple airlines going bankrupt over the past few months, how could anyone like airline??

Dreamer

but British Airway has announced record profit of 50 percent higher than last year.

just OT.

I doubt you can get it at that price. With 7.5 sen dividend, the value will shoot up to at least 1.23

Yes, i understand that. I hate any GLC either. But when we're comparing, I do think MAS has better position to win in this competition.
MAS has very deep pocket
And I see improvement in MAS
If you read their Business Transformation Plan you will know more
I do think they will success to push MAS back to track

This post has been edited by keith_hjinhoh: May 18 2008, 10:06 PM

Yeah deep pockets or unfair subsidies? I am very sure MAS purchases jet fuel for less than market value from petronas. Either way, both airlines are going to go through a very turbulent ride.

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Added on May 18, 2008, 10:06 pmThat's because more britons are coming to the states. IT's so cheap these days for an American vacation.


This post has been edited by AdamG1981: May 18 2008, 10:06 PM

Airasia too has subsidies not just MAS
I do think it's very fair for government to subsidies flights on non-profitable domestic route.

Instead of subsidizing the airlines for domestic route, the government is best off investing those monies in roads, highways to connect all of West Malaysia, and to reduce traffic which hurts the productivity as a nation.

OR, why not having an improved railway system?

I would suggest the government to not waste money on a "service" that has nominal rate of returns to the economy.

Perhaps air transport is faster?

It's basically the same thing, if the route is so unpopular, improved railway is definitely wasting money too...

Government have to strike a balance between citizen point of view and project return.

Air transport is definitely faster, no doubts about that. However, if you take a look at US, ground transportation is an important artery of the U.S economy. (even though New York and S.F is 6 hours by flight, and almost 7 days by driving)

The reason why railroad is unpopular is because the government subsidizes petrol. IF we use the subsidies for petrol to improve our public transportation system like singapore, i don't see why we can't eliminate waste and be less dependent on oil.

IT's a pity, we have more land than singapore but singapore's public transportation system is one of the best in the world. (alongside tokyo, hkg.)

This post has been edited by AdamG1981: May 18 2008, 11:42 PM

keith_hjinhoh,

1) With OIL MONEY running out, how long can ANY GLC last?? How long can ANY subsidies last??

2) It is possible for both Airasia and MAS lose.

Dreamer