9th August 2011
+8
Chandra
budgee
ejam77
davidlo
W
phoenix777
hlk
WinningHeart
12 posters
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Re: 9th August 2011
Sifu, i dunno u feel lucky anot, world free fall these 2 days but ur AA suspend and today DJ looks more positive... Now DJ grn grn lo.. God bless u ar sifu$ wrote:Imagine u guy holding this amount and dj go down like yesterday and Kl free fall almost 80 pointz what's the feeling? for me not panic lo.
K.Y.- Member
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Re: 9th August 2011
$ wrote:Imagine u guy holding this amount and dj go down like yesterday and Kl free fall almost 80 pointz what's the feeling? [You must be registered and logged in to see this image.] for me not panic lo.
for me 500 lot also cannot sleep liao [You must be registered and logged in to see this image.]
phoenix777- Moderator
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Re: 9th August 2011
phoenix wrote:$ wrote:Imagine u guy holding this amount and dj go down like yesterday and Kl free fall almost 80 pointz what's the feeling? [You must be registered and logged in to see this image.] for me not panic lo.
for me 500 lot also cannot sleep liao [You must be registered and logged in to see this image.]
i remember 6 mths ago holding
kencana cg 200 lot.....
knm ch 200 lot.....
daya 200 lot
tiger wa 300 lot
uem cc 50 lot
dj plunge ard 150 point i cant sleep [You must be registered and logged in to see this image.] if like last 2 day pengsan liao haha
phoenix777- Moderator
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Re: 9th August 2011
phoenix wrote:$ wrote:Imagine u guy holding this amount and dj go down like yesterday and Kl free fall almost 80 pointz what's the feeling? [You must be registered and logged in to see this image.] for me not panic lo.
for me 500 lot also cannot sleep liao [You must be registered and logged in to see this image.]
Holding MAS sure can sleep well tonight
thk- Member
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Re: 9th August 2011
thk wrote:phoenix wrote:$ wrote:Imagine u guy holding this amount and dj go down like yesterday and Kl free fall almost 80 pointz what's the feeling? [You must be registered and logged in to see this image.] for me not panic lo.
for me 500 lot also cannot sleep liao [You must be registered and logged in to see this image.]
Holding MAS sure can sleep well tonight [You must be registered and logged in to see this image.]
good dreams summore [You must be registered and logged in to see this image.]
phoenix777- Moderator
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Re: 9th August 2011
Phoenix cai, tomorrow u aim which mas BB
K.Y.- Member
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Re: 9th August 2011
K.Y. wrote:Phoenix cai, tomorrow u aim which mas BB
1st cc
2nd cd
3rd cb
4th mother
and will look at aa too......
so many leh [You must be registered and logged in to see this image.]
i personally prefer aa.....more familiar
phoenix777- Moderator
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Re: 9th August 2011
Extract from maybank investment paper dated 8/8/2011
Intrinsic value MAS = RM2.70/share, AirAsia = RM4.10/share. The tie-up is beneficial to both companies as it promotes significant synergies, reduces irrational competition and reduces business risk. Therefore, we believe it will enhance the fair value immensely and deserves higher earnings multiple. We caution however that the upcoming 2Q11 results will be weak for both airlines due to fuel cost pressure and soft yield environment. With an estimated 13-20% of holdings changing hands, this should not trigger any general offers.
Intrinsic value is much higher. Assuming the tie up is executed effectively, both airlines will be deemed lower risk as the competitive pressure abates. We currently peg AirAsia at a 20% discount to global peers PER due to higher competitive and geographical risk; this may no longer be valid. We presently peg MAS to P/Book as we think it will not be profitable in 2011. The markets may have a longer gestation appetite for MAS now, and we think it is apt to change the valuation metric to 2012 PER.
The odds favour MAS. Suffice to say that both parties will benefit from this deal. However, on an individual stock basis, we think MAS is slated to rise significantly more due to scarcity value (MAS‟ effective free float is 18%). Tune Air would never have been able to purchase MAS on the open market. AirAsia on the other hand, is very liquid and Khazanah would not have had any problems to procure it in the open market.
Secondly, MAS is coming off from a very low base and the investor optimism is exceptionally negative. This perception will quickly change with the tie up. We are also of the view that MAS will be profitable in 2H 2011 and subsequently produce net profit of RM1.0b in 2012 – this is excluding the synergy gains, which will make it even better.
Just now i asked at investlah, dunno correct anot this guy haha
Intrinsic value MAS = RM2.70/share, AirAsia = RM4.10/share. The tie-up is beneficial to both companies as it promotes significant synergies, reduces irrational competition and reduces business risk. Therefore, we believe it will enhance the fair value immensely and deserves higher earnings multiple. We caution however that the upcoming 2Q11 results will be weak for both airlines due to fuel cost pressure and soft yield environment. With an estimated 13-20% of holdings changing hands, this should not trigger any general offers.
Intrinsic value is much higher. Assuming the tie up is executed effectively, both airlines will be deemed lower risk as the competitive pressure abates. We currently peg AirAsia at a 20% discount to global peers PER due to higher competitive and geographical risk; this may no longer be valid. We presently peg MAS to P/Book as we think it will not be profitable in 2011. The markets may have a longer gestation appetite for MAS now, and we think it is apt to change the valuation metric to 2012 PER.
The odds favour MAS. Suffice to say that both parties will benefit from this deal. However, on an individual stock basis, we think MAS is slated to rise significantly more due to scarcity value (MAS‟ effective free float is 18%). Tune Air would never have been able to purchase MAS on the open market. AirAsia on the other hand, is very liquid and Khazanah would not have had any problems to procure it in the open market.
Secondly, MAS is coming off from a very low base and the investor optimism is exceptionally negative. This perception will quickly change with the tie up. We are also of the view that MAS will be profitable in 2H 2011 and subsequently produce net profit of RM1.0b in 2012 – this is excluding the synergy gains, which will make it even better.
Just now i asked at investlah, dunno correct anot this guy haha
K.Y.- Member
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Re: 9th August 2011
I probably will choose CC leh, if Mas Gap up then i cannot afford the CD adi...phoenix wrote:K.Y. wrote:Phoenix cai, tomorrow u aim which mas BB
1st cc
2nd cd
3rd cb
4th mother
and will look at aa too......
so many leh [You must be registered and logged in to see this image.]
i personally prefer aa.....more familiar
K.Y.- Member
- Posts : 900 Credits : 912 Reputation : 10
Join date : 2011-07-21
Re: 9th August 2011
dj 11,041.82
+231.97 (2.15%)
Real-time: 10:31AM EDT
+231.97 (2.15%)
Real-time: 10:31AM EDT
hlk- Moderator
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Re: 9th August 2011
FBM KLCI closes 1.66% lower
hlk- Moderator
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Re: 9th August 2011
$ wrote:I go yum chau
enjoy [You must be registered and logged in to see this image.]
tomorrow hope ur aa bcome party [You must be registered and logged in to see this image.]
phoenix777- Moderator
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Re: 9th August 2011
DJ chiong wor [You must be registered and logged in to see this image.] .... 1000 points soon [You must be registered and logged in to see this image.]
WinningHeart- Consulting Member
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