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22-07-2014, 04:29 PM
(This post was last modified: 22-07-2014, 04:29 PM by CityFarmer.)
Does it serve as a good example for black swan events which can bring down a MYR 3.5 billion company over few months?
(not vested)
MAS likely to be delisted: Report
KUALA LUMPUR — Malaysia Airlines (MAS) faces the prospects of being delisted following the second tragedy to hit the national carrier in less than five months, reported Bloomberg today.
In March, flight MH370 disappeared with 239 people on board and on Thursday (July 17), flight MH17 was shot down in eastern Ukraine, killing all 298 passengers and crew. The two disasters were likely to end the flag carrier’s days as a publicly traded company, Bloomberg said.
MAS plans to present a revival plan to its biggest stakeholder Khazanah Nasional this week, sources told the financial portal yesterday. The options range from privatising the company to bankruptcy, both of which involve a delisting from Bursa Malaysia.
...
http://www.todayonline.com/world/asia/ma...ted-report
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Plethora of issues for M'sian Airlines to deal with.. Low staff morale, insurance payouts, etc.. Mammoth task ahead in a rather difficult industry.. Will Airasia benefit from this?
(Not vested in either)
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(22-07-2014, 04:29 PM)CityFarmer Wrote: Does it serve as a good example for black swan events which can bring down a MYR 3.5 billion company over few months?
(not vested)
MAS likely to be delisted: Report
KUALA LUMPUR — Malaysia Airlines (MAS) faces the prospects of being delisted following the second tragedy to hit the national carrier in less than five months, reported Bloomberg today.
In March, flight MH370 disappeared with 239 people on board and on Thursday (July 17), flight MH17 was shot down in eastern Ukraine, killing all 298 passengers and crew. The two disasters were likely to end the flag carrier’s days as a publicly traded company, Bloomberg said.
MAS plans to present a revival plan to its biggest stakeholder Khazanah Nasional this week, sources told the financial portal yesterday. The options range from privatising the company to bankruptcy, both of which involve a delisting from Bursa Malaysia.
...
http://www.todayonline.com/world/asia/ma...ted-report
Isn't it strange that on the day a news article comes that company is going bankrupt, shares rise up 15% (from RM 0.20 to RM 0.23). Am i missing something there or bankruptcy news is a smoke signal, Khazanah is going to buy it at a higher price? any gurus please enlighten
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22-07-2014, 11:28 PM
(This post was last modified: 22-07-2014, 11:32 PM by specuvestor.)
It is now a call option for privatisation
If it doesn't let Proton go bankrupt i think low chance it will let airline go bankrupt.
I think a revival of Airasia involvement, maybe a reverse takeover with khazanah backing, is not impossible
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(22-07-2014, 11:28 PM)specuvestor Wrote: It is now a call option for privatisation
If it doesn't let Proton go bankrupt i think low chance it will let airline go bankrupt.
I think a revival of Airasia involvement, maybe a reverse takeover with khazanah backing, is not impossible
so time to buy MAS
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Please do understand the properties of a call option and DYDD
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
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MAS shares suspended pending announcement..
Winston Churchill:-
“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”
"The farther backward you can look, the farther forward you are likely to see."
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(23-07-2014, 11:35 AM)specuvestor Wrote: Please do understand the properties of a call option and DYDD
call option strike at 27 sen
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Malaysia Airlines (MAS) said Friday that state fund Khazanah has offered 27 sen a share, amounting to 1.4 billion ringgit, to take the beleaguered airline private.
http://www.cnbc.com/id/101904777
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Washing dirty linen in private.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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