tag:blogger.com,1999:blog-28452020.post9026126045017079570..comments2024-03-17T15:10:12.273+08:00Comments on rocky's bru: Why SIA is worth S$18.7 b and MAS is worth RM7.2 bRockybruhttp://www.blogger.com/profile/08187242806213153913noreply@blogger.comBlogger180125tag:blogger.com,1999:blog-28452020.post-29979557084546701462012-05-31T18:29:24.567+08:002012-05-31T18:29:24.567+08:00Didnt AJ come up with another turnaround plan? Too...Didnt AJ come up with another turnaround plan? Too many times turning around has got the company turning in circles. Looks like its always back to square one... eh circle..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-24241559169169861292012-03-10T15:28:01.733+08:002012-03-10T15:28:01.733+08:00Tun Abdullah Badawi, if you have any conscience, s...Tun Abdullah Badawi, if you have any conscience, step down as advisor and save MAS RM 40,000 per monthAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-23608568302121845992012-03-10T15:27:06.569+08:002012-03-10T15:27:06.569+08:00excess baggage senior management get the hell out,...excess baggage senior management get the hell out, too many of you, still MAS in this shitAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-37941496122194456642011-09-10T09:18:39.811+08:002011-09-10T09:18:39.811+08:00Troubleshooters, yes it is confirm that govt WILL ...Troubleshooters, yes it is confirm that govt WILL REVERSE the decision or my name is not YEE HAA.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-17542591973948145142011-09-09T00:46:03.528+08:002011-09-09T00:46:03.528+08:00Three recommendations for Najib before all hell br...Three recommendations for Najib before all hell break loose.<br /><br />1. Reverse the share swap decision.<br />2. Put the right team in charge<br />3. Take MAS privateTHE TROUBLESHOOTERShttps://www.blogger.com/profile/04706430509770928988noreply@blogger.comtag:blogger.com,1999:blog-28452020.post-33660854320488462232011-09-04T00:11:11.137+08:002011-09-04T00:11:11.137+08:00Shit still hitting the fan, stinkier than ever.
h...Shit still hitting the fan, stinkier than ever.<br /><br />http://weechookeong.wordpress.com/2011/09/02/greetings-from-khazanah-killing-mas-softly-fly-airasia-fly/<br /><br />Friendly advice to the crooks and stooges, better back off or you will be further humiliated, just like Munir and Azmil<br /><br />Little BirdAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-91862656723285703632011-08-13T20:41:56.460+08:002011-08-13T20:41:56.460+08:00How Tony F screwed Khazanah aka The G aka The peop...How Tony F screwed Khazanah aka The G aka The people aka u n me ... and the Black Midas still roaming free?<br /><br />By Thursday 10 August 2011 the spread between MAS and AirAsia share prices had widened giving Tony a gain of RM RM 261 971 170! <br />Calculations were based on the pre-suspension closing price of RM 3.95 for AirAsia and RM 1.60 for MAS.The closing prices on Thursday 10 August 2011 were RM 3.50 and RM 1.80 respectively, <br />The workings are as follows: <br /><br />AirAsia shares sold by Tony to Khazanah =277,650,600 <br />Loss on shares to Khazanah, and gain to Tony =RM 124 942 770 <br /><br />MAS shares sold by Khazanah to Tony= 685,142,000 <br /><br />Gain on shares to Tony, and loss to Khazanah= RM 137 028 400 <br /><br />NET GAIN TO TONY: RM 261 971 170 (RM 261 Millions loose change)<br /><br />WHITE MIDASAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-23275716820389573502011-08-06T19:48:04.439+08:002011-08-06T19:48:04.439+08:00Anonymous said...
Did you know that LSG-Brahim su...Anonymous said... <br />Did you know that LSG-Brahim supply to MAS based on 100 per cent occupancy ratio. Meaning if an airline got 300 seats they supply for 300 people, even if there is only ten people who bought the seats. Org dalam pasti call dan cakap lah, bang supply utk 20 cukop ari ni, tapi MAS kena bil utk 300 org. ENAKKAN? <br /><br />2:45 PM <br /><br /><br />bro...<br />u goreng lebih...if x tau yang betul jgn cerita<br />i work with mas since 1991 and left in 2008 and now with the best airlines of the year.<br />involved in mas airline catering most 17 and i now you comment was tipu hidup hidup.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-65882531813772693342011-07-26T22:32:15.772+08:002011-07-26T22:32:15.772+08:00Tony caught lying again.
"Since the news bro...Tony caught lying again.<br /><br />"Since the news broke over the weekend, politicians linked to Najib's UMNO had begun lobbying for a retraction from the airline. But as far back as June, AirAsia regional commercial head Kathleen Tan had told the same to the Jakarta Post.<br /><br />“We have chosen Jakarta to be home to our ASEAN office. We will move our regional office operations to Jakarta,” Tan had told The Jakarta Post. “The new office is now under construction and it will be up by August or September this year,”<br /><br />Fernandes himself had characterized the Jakarta move as a simple business decision to take advantage of Indonesia’s vastly larger economy and population. This is nearly 10 times that of Malaysia’s, although Malaysian annual per-capita gross domestic product of US$14,700 by purchasing power parity is much higher than Indonesia’s US$4,200.<br /><br />However, the sheer size of the country's populace means that the Indonesian economy is at towering US$1.03 trillion versus Malaysia's US$414.4 billion, based on estimates in the CIA Factbook for 2010.<br /><br />"AirAsia said the move is a bid to take advantage of access to the Asean secretariat, which is based in Jakarta, in advance of an open skies agreement expected to go into effect in 2015 and which is designed to lower barriers for air travel between the region’s capitals. <br /><br />Asked why he chose to move the fast-growing airline’s principal corporate base to Jakarta from Kuala Lumpur, Fernandes said: “Asean is based in Jakarta, and Indonesia will be the largest economy in Asean in times to come … And I like it there” – enough, he said, to have impelled him to have already bought a home in Jakarta. "Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-75229783921426985162011-07-26T21:35:10.883+08:002011-07-26T21:35:10.883+08:00http://www.themalaysianinsider.com/business/articl...http://www.themalaysianinsider.com/business/article/sales-chief-quits-as-mas-revamps-department-after-weak-q1/<br /><br />"MAS is guaranteed to need another bail out within the next 18 months. It is running out of cash again. Honestly nothing to do with Idris Jala, but the new weak CEO who cannot make decisions and let his own "1st floor boys" make the decisions for him. And just like Pak Lah, always falling asleep in meetings. Most of these young boys were born in 80s and have no experience so how to know what advise to give?"<br /><br />My advice to Azmil, please come clean and expose Jala before you will be further stripped. <br /><br />BIG BROTHERAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-13897780159876633382011-07-26T21:29:06.350+08:002011-07-26T21:29:06.350+08:00MAS is forever in trouble because of corruption, l...MAS is forever in trouble because of corruption, low morale amongst the staff, the management has lost touch with the whole MAS team and in short, those managing MAS are incompetent. MAS has been outsourcing almost everything by the present management.Every department, section and subsidiary are basically separate identities. In outsourcing, there will be extra cost being incurred beacuse everyone wants to make money and in the end whatever MAS got from these outsourcing is never the best, but mediocre. The argument that the best can be achieved by outsourcing is utter rubbish, if not why then MAS is getting the worst of everything? The ultimate role of the MAS Board of DIrectors is just sitting on their butts in the Board Room, chatting and dreaming. That is the only real MAS in the whole set up.. EVERYTHING HAVE BEEN OUTSOURCED!!! All of the board members have professional accreditations and titles before their names but they all lack substance. I hope Dato' Azman Mohktar will start firing all of them one by one save MAS. <br /><br />Pissed staffAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-52205523815658506472011-07-24T07:44:09.581+08:002011-07-24T07:44:09.581+08:00Well done, Tony, after you have milked MAS and Mal...Well done, Tony, after you have milked MAS and Malaysians dry, now you want to move to Jakarta.<br /><br />"With all the troubles he has had over the last two months, the confirmation Friday that AirAsia, arguably Malaysia’s most vibrant private company, is moving its headquarters out of the country to Indonesia is one more blow.<br /><br />Tony Fernandes, AirAsia’s group chief executive, confirmed the decision in Tokyo Thursday, saying the move is an effort to upgrade his company’s image as a regional Southeast Asian airline rather than just a Malaysian carrier. <br /><br />“I don't know whether Najib has been told or not,” said a business associate of Fernandes in Kuala Lumpur. “But why should Tony care? There are solid business reasons for moving to Jakarta.”Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-41715849765996945712011-07-22T23:12:34.099+08:002011-07-22T23:12:34.099+08:00Friday July 22, 2011
MAS chairman should be from a...Friday July 22, 2011<br />MAS chairman should be from airline sector<br />Friday Reflections - By B.K. Sidhu<br /><br />"Malaysia Airlines (MAS) also jumped in to announce that its chairman, Tan Sri Munir Majid, is finishing his term at the end of the month after seven years at the airline.<br /><br />But what surprised many is that his successor has not been named and the deputy chairman will take over in the interim.<br /><br />Perhaps the Government needs more time to select a candidate but whatever the Government does, it should, this time around according to experts, select a candidate from the airline or aviation industry.<br /><br />That is vital going forward for MAS as the industry is crisis-prone and the challenges are just too many. Experts suggest that the board should also have members from the air sector.<br /><br />Jet Airways, among others, is a clear example of an airline whose board has members from the airline industry. We should move towards that direction. The trump card is really in the the hands of the Government let's wait and see who it chooses."<br /><br />Well said, BK.<br />I propose Tan Sri Abdul Aziz, if only the Gomen is smart enough. SIGH!<br /><br />The Plumber.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-53047014746966240462011-07-21T00:25:12.083+08:002011-07-21T00:25:12.083+08:00Earlier was Bernard Francis, now
"Tan Sri Dr...Earlier was Bernard Francis, now <br />"Tan Sri Dr Mohd Munir Abdul Majid will retire as chairman of Malaysian Airline System Bhd (MAS) when his current term expires on July 31, 2011, the airline said today."<br /><br />Good riddance. <br />The clean up has begun!<br /><br />Troubleshooters.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-90473985390060906112011-07-01T08:27:47.520+08:002011-07-01T08:27:47.520+08:00"At 5pm yesterday, MAS had a market capitalis..."At 5pm yesterday, MAS had a market capitalisation of RM5.2bil. Its share price had been underperforming so far, closing at RM1.56 yesterday. Year-to-date, the counter has lost 25.7%.<br />Separately, Munir explained that the board of directors had been fielding questions from shareholders at the AGM, thus it took such a long time. He said shareholders wanted to know particularly what MAS was doing to close the net loss gap and concerns on share price performance were also raised at the AGM.<br />“We showed shareholders what we have been doing and what will be done. We also showed a comparison with other carriers. We did quite badly no doubt ... some airlines made profit while some saw their profit pared down. Luftansa made loss but it's a cold comfort for us,” he said."<br /><br />GAJI BUTA GANG strikes again.<br />28 June 2011Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-72696001809342630752011-06-21T23:49:28.630+08:002011-06-21T23:49:28.630+08:00"Malaysia stands ready to help African countr..."Malaysia stands ready to help African countries undertake economic transformation and is willing to send Idris Jala, the chief executive officer of the Performance Management and Delivery Unit (Pemandu) to help them with the mammoth task, Prime Minister Najib Abdul Razak said today"<br /><br />Brilliant move, Mr PM. Make sure you send Munir and Azmil as a package, buy 1 and get 2 free.<br /><br />MAS Voice.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-72523657810181740862011-06-18T16:48:10.327+08:002011-06-18T16:48:10.327+08:00"After the budget presentation by the Chief M..."After the budget presentation by the Chief Minister last year, Rahim questioned the rationale of the state budget, accusing a certain part of it having a reversal in meaning because a liability was factored as an asset – a possible case of creative accounting. He said “On the state’s estimated revenue of RM2,747.9 million in 2011 which is less than the estimated RM3 billion for this year, I am interested to learn that the difference in budget for 2010 was due to the state government issuing RM544 million worth of bonds.... please explain why the issuance of bonds is considered as the state's revenue when it is in fact a liability” (Borneo Post, Nov. 25, 2010). This request for an explanation was never responded to. The root of this confrontation was Musa’s decision to drop Rahim from the cabinet because Rahim was seen as the main challenge to Musa at one time. So you reap what you saw, the ghost of history comes back to haunt the present."<br /><br />Proof to show that MAS (a RM 13 billions revenue and RM 14 billions expenses Company) is bigger than many States combined and they still allowed IDIOTS to manage it.<br /><br />GAJI BUTA GANG.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-16314457463220299792011-06-15T22:21:05.325+08:002011-06-15T22:21:05.325+08:00Well said, anon 6:57
" ...their managerial im...Well said, anon 6:57<br />" ...their managerial impotence against the backdrop of governmental corruption from the corridors of power."<br /><br />Most Malaysians have no balls, itu sebab Viagra boleh jual , tak caya tanya Chua Jui Meng.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-53668815174691450812011-06-11T18:58:22.896+08:002011-06-11T18:58:22.896+08:00Maybe they need another UMNO connected consulting ...Maybe they need another UMNO connected consulting firm to be contracted out to find the cause of decline. The last one they paid millions of dollars just to be told what most Malaysians already knew & could have given advice for free . The Govt and UMNO cronies have to step aside and let the market fix the problem. Booting out the deadwood and all the top inept management should be the order of the day by the new board members..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-56030816393827451822011-06-11T18:57:40.835+08:002011-06-11T18:57:40.835+08:00It is a crying shame for our national airline MAS ...It is a crying shame for our national airline MAS to be incurring huge losses almost year in and year out over decades. It exposes the management failure of successive government appointees to the organisation and most probably, their managerial impotence against the backdrop of governmental corruption from the corridors of power. There has been simply no accountability for the losses in this government-controlled organisation. <br /><br />This loss-incurring situation is also prevalent in many other government-controlled organisations. Both the government and the organisations concerned should be made by the Malaysian electorate to promptly surrender and let other more efficient and less corrupt people manage what they could not properly achieve through decades. This nation has been bleeding for far too long through sheer incompetency and corruption. Still is.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-47392931682961794602011-05-30T21:03:15.884+08:002011-05-30T21:03:15.884+08:00Oh, oh , the shit has really hit the fan.
MAS is ...Oh, oh , the shit has really hit the fan.<br /><br />MAS is now trading at a decade low of RM1.45, with a total market cap of less than RM5 billion. <br />2.2 billions vapourised within 6 months, bigger than Slime Darby, <br />pandir betoi pak pandir.<br /><br />Monday, May 30, 2011, 08.59 PM <br />Malaysian Airline System Bhd, the national carrier, tumbled to a 12-year low in Kuala Lumpur trading ahead of its removal from the MSCI Malaysia Index. <br /><br />The stock slumped for a sixth day, losing 6.2 per cent to RM1.36 at 11:11 a.m. local time, set for its lowest close since April 1999. The change will take place as of the close tomorrow, MSCI said in a statement on its website. -- BloombergAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-14083973771183324362011-05-25T22:37:52.144+08:002011-05-25T22:37:52.144+08:00"KUALA LUMPUR: Malaysia Airlines (MAS) fell t..."KUALA LUMPUR: Malaysia Airlines (MAS) fell to its lowest level in more than nine years in Bursa Malaysia trading after index provider MSCI Inc said the national carrier's stock will be removed from the MSCI Malaysia Index."<br /><br />TONTOAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-27680556217743902172011-05-23T00:10:15.179+08:002011-05-23T00:10:15.179+08:00KUALA LUMPUR: Minister in the Prime Minister's...KUALA LUMPUR: Minister in the Prime Minister's Department Datuk Seri Idris Jala has expressed surprise that Malaysia has fallen six places in international competitiveness ranking from last year.<br /><br />What do you expect from a former MD who failed to turnaround MAS?<br />Same thing with TAZ who will be out soon.<br /><br />The Trouleshooters.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-85460387368283113002011-05-08T00:10:23.237+08:002011-05-08T00:10:23.237+08:00Ha, Ha, ha ... former MAS MD, now Senator Minister...Ha, Ha, ha ... former MAS MD, now Senator Minister covering a big blunder with another bigger blunder, just like MAS !!!<br /><br />"In the advertorial, Pemandu CEO Senator Datuk Seri Idris Jala said Tricubes Bhd would invest 100 per cent of the RM50 million MyEmail project that was conceptualised as an Entry Point Project (EPP) under the Economic Transformation Programme (ETP).<br /><br />Jala also stressed that the government “will not spend a single sen” in the project’s investment and operating costs.<br /><br />“On the other hand, it is estimated that the government stands to save at least RM200 million over 10 years,” he said.<br /><br />He explained that government agencies would make savings of almost 50 per cent by paying 50 sen per email to myemail.my accounts, as government agencies currently paid up to RM1 per mail and RM2 for each returned hardcopy correspondence."<br /><br />Next move, Deputy MD of MAS!<br /><br />MASWATCH.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28452020.post-63113094727032850322011-03-29T22:48:53.729+08:002011-03-29T22:48:53.729+08:00Munir said here http://www.utusan.com.my/utusan/in...Munir said here http://www.utusan.com.my/utusan/info.asp?y=2011&dt=0326&pub=Utusan_Malaysia&sec=Korporat&pg=ko_01.htm<br /><br />'Rafidah adalah kawan saya, tetapi saya akan melawan balik, walaupun Rafidah akan memukul saya dengan beg tangan dan saya tidak mempunyai beg tangan untuk membalas,'' katanya sambil berseloroh."<br /><br />What a dumb statement from a dumb Chairman. <br />No wonder MAS is so screwed up.<br /><br />The end is near.Anonymousnoreply@blogger.com