JMD August 7, 2011 Below are the collection of tweets that has been going around since the news of MAS – AirAsia share swap hit the public this morning.
YB Senator Datuk Idris Jala: Is this AirAsia/MAS share swab an indirect bailout? :http://t.co/UogfWmx
YB Senator Datuk Idris Jala: Is this AirAsia/MAS share swab an indirect bailout? The MAS/AirAsia share swap deal: “AirAsia’s Fernandes to gain 20% stake in national carrier”. The front page sources story in the Star today. “Fernandes declined to comment when asked about the …
JMD I read this tweet this morning about the potential swap shares between Air Asia and MAS and also the blog post by YB Wee Choo Keong of Wangsa Maju. So far as at the time of this post being published, he is a lone ranger in this issue. But his blog post is an interesting read nevertheless. YB Wee wrote his article based on The Star’s front page report which in turn, took it from The Malaysian Insider’s report published some 22 hours ago.
MAS, AirAsia in share swap to rescue ailing flag carrier: KUALA LUMPUR, Aug 6 — State-owned Malaysia Airlines … http://bit.ly/oeeIg8
MAS, AirAsia in share swap to rescue ailing flag carrier KUALA LUMPUR, Aug 6 – State-owned Malaysia Airlines (MAS) will swap shares with Asia’s largest budget carrier AirAsia this week in a deal that will see Tan Sri Tony Fernandes help stop the ailin…
JMD What doesn’t jive with logic are the points made in YB Wee’s blog post above. After reading both articles, I too have several contention which hopefully can be resolved in the near future…
On MAS/AirAsia share swap: AirAsia buys MAS’ RM1.60/share using their own money but Khazanah buys AA’s RM3.95/share thru taxpayers’ money?
On MAS/AirAsia share swap: so in quantum, we pay more to get some part of AA while AA pay less to get ownership in national carrier?
Simple question like, how many millions Khazanah (our money) is paying AA for d shares n how much $$ will AA pay for MAS shares?
Since share prices are not d same between AA n MAS (AA shares r higher value), then Khazanah has to pay more. In d end, AA gets more $$. No?
Doesn’t make sense when they say d deal is to rationalise our industry n save MAS when AA has been cannibalising MAS all this while.
AA played victim all this while to d detriment of MAS but gain benefits along d way (discounted airport tax payments). Now it will own MAS?
U dont save d real victim by letting d aggressor to takeover its equity under d pretext to ‘rationalise’ operations. U curtail d aggressor!
MAS/AA share swap deal: Khazanah speaketh http://bit.ly/pfgxe1 The Khazanah statement was issued to refute pr… (cont) http://deck.ly/~cmE9S
Khazanah to keep main MAS stake despite AirAsia share swap The Khazanah statement also said it will make an announcement about the flag carrier’s transformation plan at an appropriate time, but did not deny reports of the share swap reported by The Mala…eddydaud: “MAS/AA share swap deal: Kh…” « Deck.ly MAS/AA share swap deal: Khazanah speaketh http://bit.ly/pfgxe1 The Khazanah statement was issued to refute print media reports that Fernandes and Datuk Kamarudin Meranun will jointly emerge as t…
JMD Around noon, Khazanah issued a statement which confirmed the share swap. Therefore, taxpayers money will indeed be transfered into the coffers of a private company. As expected, some of the public outcries can be heard in twitter timelines…
RT @flizzow: Woke up in the morning to read about @tonyfernandes ‘s king move in the Mas/AirAsia share swap deal. Gotta respect the hustle. #WIN
@KerrySin @tonyfernandesChinese saying: “U can’t take more than U can chew” MAS-AirAsia pact looks unfavorable to AA minority shareholders.
Wow. AirAsia’s market capitalisation is RM 11 bil. while MAS’ is only RM 5.3 bil. Wow.
@arieffadamI’m not surprised though.. Downside to it is that AirAsia suka delay flight. That almost never happens w/ MAS.
Share swap of MAS&AirAsia thru Directors cross shareholding wil likely end stiff competition between them.Tats bad news for us end consumers
Airasia No.1 man must be very rich! None of my business, i know ) FormulaOne, EPL.. now MAS! Kinda makes Bill Gates second best! #fb
Is it a good way to spend OUR money? RT @JebatMustDie: On MAS/AirAsia share swap: AirAsia buys MAS’ RM1.60/sha… (cont) http://deck.ly/~1s6MT
eddydaud: “Is it a good way to spend …” « Deck.ly Is it a good way to spend OUR money? RT @JebatMustDie: On MAS/AirAsia share swap: AirAsia buys MAS’ RM1.60/share using their own money but Khazanah buys AA’s RM3.95/share thru taxpayers’ money? …If MAS deal valuation based on share prices…AirAsia gets MAS assets on the cheap (40% discounts) w/out goodwill on brand,routes .Bad deal?
JMD Question is also asked on the direction of Firefly (subsidiary of MAS). The Khazanah press statement indicated that Firefly will only operate the turbo prop planes in East Malaysia although they had just bought bigger planes for other longer destinations.
@JebatMustDieFirefly should stand alone outside Mas if AirAsia meddles in Mas. Conflict of interest as both are in the budget sub-sector
No words yet by d politicians on d MAS/AA swap. Still under gag orders ka?! :p just need to know d reaction n positive actions. Tq
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