MAS (3786) ~ Good News for 2Q2012

MAS price is currently @ 1.03




Some updated info:

• July 2012 - Petron Malaysia Sdn Bhd (previously Esso Malaysia Bhd) and MAS signed a deal to supply and purchase fuel with a favourable rate for Airbus A380 flagship fleet for six months (Profit to MAS)
• Petron also provided complimentary fuel for MAS A380 flight MH2 from Kuala Lumpur to London (Profit to MAS)
• MAS plans to fly Airbus A380 to Tokyo and Beijing (Future Profit)
• MAS Airbus A380 will start flying to Sydney, Australia end of November 2012 (Future Profit)
• MAS has ordered six A380 aircraft - 4 will be delivered by end of 2012 and the balance in 2013 (Future Profit)
• MAS started flying three direct flights a week between Kuala Lumpur and Kathmandu from September 2012 (Future Profit)
• MASkargo Sdn Bhd launched A330-200 freighter flight to Colombo, Sri Lanka (Future Profit)
• Rolls-Royce extended total care services support to MAS for the Airbus A380 aircraft engines which will provide significant financial savings (Profit to MAS)
• MAS launched the "Log Out Experience" on Facebook (Future Profit)
• MAS received SKYTRAX World Airline Awards. MAS reputable cabin crew won the "World’s Best Airline Cabin Crew", MAS signature satay dish won the "Best Airline Signature Dish" and MAS awarded a 5-star status. (Future Profit) 
• Aug 2012 - for Hari Raya, MAS increased flights between Kuala Lumpur and Medan as well as for domestic routes (Profit to MAS)
• 1 Aug 2012 to 7 Nov 2012 - MAS offer all-inclusive advance purchase for international travel to over 41 destinations in Asean, India, China, North Asia, South Asia, Australia and Europe (Future Profit) 
• MAS increasing number of flight from Mumbai, Chennai and Bengaluru to KL from September 2012 (Future Profit) 
• Firefly added three new routes - Subang to Hatyai, Kota Baru to Singapore and Penang to Koh Samui (Profit to MAS)

Latest Financial news:

• MAS latest 2Q2012 net losses approx. RM349million - LOWER than previous year which has a net losses of approx. RM527million (Approx. 34% less losses)  
• Year to date net losses approx. RM521millions - LOWER than previous year which has a net losses of approx. RM769million (Approx. 32% less losses)  
• Net asset per share increased to 0.45, previously 1Q2012 is 0.28 (Approx. 61% increased)  

Latest investment/research companies view:

• OSK Research upgraded MAS to “buy” from a “trading buy” with an unchanged fair value of 1.38.
• 17 analysts by Bloomberg, 12 analysts with a “sell” call, three analysts with “hold” call and two analysts with “buy” call. The target price ranges from 0.85 to 1.79.
• Kenanga Research maintains its “underperform” rating with a 1.06 target price.
• Hong Leong Research also maintains its sell call with a 0.92 target price.

So, their range is 0.85 to 1.79. With current share price of 1.03, so the share price might drop approx. 17% or shoot up approx. 74%. What do you think?

To me ~ MAS is worth to consider. I'm hoping it will reach 1.50.
 

Good luck with your investment!!! ^_*

Again as mentioned in my previous post, One main point is MAS have stop paying out dividends since 2008. If you are not risk taker, you should consider put it in the bank for FD and get around 3% interest per annum.

Previous posts related to MAS:

• MAS (3786) ~ More Good News to Come?
• MAS (3786) ~ Share Swap with Airasia is Off