who knows, maybe with Tony's magic ... he can bring up MAS to MARS.

if he can do it in AA why not MAS as well

KUALA LUMPUR: OSK Research rates all its aviation counters as BUYs with AirAsia as its top pick (FV: RM4.34) and MAS as a trading BUY (FV: RM2.45).

“We reaffirm our overweight stance on the Malaysian aviation play,” it said on Wednesday, Aug 10.

On Tuesday, AirAsia and MAS announced a comprehensive collaboration framework and shares swap agreement (including the issuance of warrants) between its respective major shareholders; Tune Air and Khazanah.

The shares swap and warrants issuance facilitates in aligning the interest of both the majority and common shareholders for the collaboration between the two carriers.

“While synergistic benefits could be seen over the longer term on the collaboration framework; AirAsia and its feeder traffic, long haul sister carrier, AirAsia X are seen as winners of this collaboration over the immediate term.

“The low cost carrier (LCC) benefits on immediate route accessibility, yield upside, and its dominance as Malaysia’s only LCC (as Firefly phases out of the LCC segment),” it said.

Well, Since AA is doing well , i believe they will stick to the orignal board members. Why fix something which is not broken.

In other hand, It is a good thing that MAS had change their management team or else they are going nowhere. This will definitley bring up the confidence level of the investors.

i believe this so called " partnership" might do well in long term for both companies.

my 2 cents

This post has been edited by javelin819: Aug 10 2011, 05:27 PM

KUALA LUMPUR: AIRASIA BHD []’s top officials Tan Sri Anthony Francis Fernandes and Datuk Kamarudin Meranun were formally appointed as directors of MALAYSIAN AIRLINE SYSTEM BHD [].

MAS said on Thursday, Aug 11 their appointments to its board took effect on the same day.

Tony Fernandes, 47, was appointed AirAsia Bhd group chief executive officer of AirAsia in 2001 and still holds the position until now.

Kamarudin is AirAsia’s group deputy chief executive officer. Kamarudin, 50, was appointed a director of AirAsia on Dec 12, 2001. In January 2004, he was appointed an executive director and on Dec 8, 2005, he was re-designated to group deputy CEO.

Their appointments were part of the collaboration between MAS and AirAsia. Under the corporate exercise, Tune Air will hold 20.5% of MAS and Khazanah Nasional Bhd will hold 10% of AirAsia Bhd under a share swap announced by the companies on Tuesday, Aug 9.

Khazanah has also proposed to acquire 10% of AirAsia X, with the value based on the latest closing price.

Datuk Mohamed Azman Yahya was appointed as a non executive director and Rashdan Mohd Yusof as alternate director AirAsia.

Tengku Datuk Azmil Zahruddin had resigned as MAS managing director and would join Khazanah as director of investments effective Sept 12.

An executive committee, comprising Mohamed Azman, Rashdan, Fernandes and Kamarudin will oversee the management of MAS until a new MD us appointed.

MAS and AirAsia are to issue free warrants to each others’ shareholders.

Independent advisers will be appointed to advise minority shareholders on the proposed warrants.

AA shares 1st support level at 3.30 and next support level at 3.03

Guys that wanna invest in AA, entry at this price .

just my 2 cents

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Added on August 26, 2011, 10:14 amAA shares hit 3.35 low... They better sustain at this level or else it will strike another windfall.

This post has been edited by javelin819: Aug 26 2011, 10:14 AM

hmm.. AA price touch 3.30 , With this bearish momentum in no time it gonna drop till 3.00.

that was high , bro

Nevertheless, i think we can start accumulate some at 2.5X