Comments for Wee Choo Keong

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• Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Johan Khazanah
• Comment on AJ & Rashdan: What “COST CUTTING”? – Part 1 by Olek Skilgannon
• Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Time Traveller
• Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Anak Malaysia
• Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Little Bird
• Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Anonymous
• Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Anonymous
• Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by weechookeong
• Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Time Traveller
• Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Anonymous

Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Johan Khazanah Posted: 08 Mar 2012 11:14 PM PST That was bullshit accounting. This must be the work of that bloody Azman’s crony. That was what they both did under WAU. Now the crony was trying again. Even Maybank can’t stand him that’s why he was thrown out from Maybank. His master Aman of course took him back and put him as director of investment in Khazanah. within a short span of time, he now head mAS to disaster. All decisions were cosmetic with no substance. Selling assets to show profit. Under WAU MAS sold MAS catering. YB you are right. Now this Con-sultant is trying to sell “non-core assets of MAS. He is an idiot.

Comment on AJ & Rashdan: What “COST CUTTING”? – Part 1 by Olek Skilgannon Posted: 08 Mar 2012 11:12 PM PST Flyguy Please…you are trending into the realms of absurdity. “national carrier”, “social and business obligations”, blah blah. Fine-sounding phrases, but what exactly do they mean and imply? For example, does it mean the right to keep on incurring losses and going cap-in-hand to the government for bail-outs? Let’s see – British Airways is the national carrier of the UK. Does the British government require BA to operate unprofitable routes? Ditto for Australia and Qantas, Germany and Lufthansa, the Netherlands and KLM, France and Air France, Singapore and SIA – well, you get the picture, don’t you? I ask you this question – does Malaysia have a national aviation policy? If yes, what is it? Nothing that I have seen from a succession of Transport Ministers! Let me give you a concrete example. MAS currently flies to only 1 destination in the US – Los Angeles. Singapore Airlines, on the other hand, flies to Los Angeles, San Francisco, Houston, New York (JFK) and New York (Newark). All of SIA’s US sectors are profitable, to the extent that it can run A380s to New York/JFK via Frankfurt. Is this a failure of MAS or a failure of the Malaysian government that US business and leisure travellers prefer to travel to Singapore and use Changi as a transit hub to connect to other regional destinations rather than use MAS and fly to KLIA? What it means is that MAS has already lost out on the US market and ceded it to SIA. Pure and simple. AirAsia X made a hard-headed business decision to stop unprofitable flights to London, Paris and Mumbai and to redeploy their medium- and long-haul aircraft to profitable regional routes. Why are you faulting them for this? If the Malaysian government keeps on micro-managing MAS and interfering in it’s business decisions, then the airline will forever be a loss-making basket case.

Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Time Traveller Posted: 08 Mar 2012 10:04 PM PST Yes Recalcitrant, those who want to join the Short Haul (SH) airline would have to resign from MAS. Then join under new T&C and no union. But I heard pilots from MAS who go to SH will only be on secondment basis. No need to resign from MAS. Why the different treatment? Why the double standard by the management? Are they afraid of losing the pilots? Cos they know they will have problems recruiting pilots from other countries – higher pay, work permit etc. MAS local pilots are amongst the lowest paid in the region. Etihad, Emirates and Qatar pay double and tax-free. So many double standard in MAS. New management also the same. We all have been fooled by them.

Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Anak Malaysia Posted: 08 Mar 2012 09:11 PM PST The “TRIO” are really idiots and the pariah TF put Rosman there to manupilate with the financial report. Have anyone of you notice that the financial report came out 1 week later than it supposed to be. WHY???? because those not so smart croonies of pariah TF, will have to make sure that the financial report shows more -ve numbers than +ve. The livery of MAS and colours had been changed and even the direction of the logo been changed too. WHY?????? The MAS website now look so pale and sad as though that all MAS staffs are death and the Website mourning. What happened to the RED/BLUE corporate colour of MAS??? Don’t tell me just because the Pariah TF uses RED, MAS can’t have RED in their logo. Hey, Pariah TF and his stupid croonies, listen up, by changing the colour and logo direction will not help MAS to recover and be in the RED but it will make MAS looses even more and continue to in the BLACK till God knows when. Hey Pariah TF and croonies, don’t steal, rob and rape anymore from MAS. YB, appreciate if you could bring all these up in the Parliment. 1. How much will it cost MAS to repaint all their existing aircrafts to the new livery and logo? 2. What the story behind the change of colour/logo direction? 3. If MAS is bleeding so much, don’t you croonies think that it’s not so smart to change colour/logo direction now? 4. Which not so smart croonies idea is it to change the colour/logo direction or maybe it the Bina Tak Fikir idiots/consultants who are doing it? Can’t wait to see all you Panamera Deadwood/Idiots get whack from YB in the Parliment.

Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Little Bird Posted: 08 Mar 2012 08:34 PM PST YB, The disclaimer is a standard format for many companies’ presentations to investors and the public. You can see in most Bursa-listed companies’ documentation and circulars. It’s not for MAS only. Be that as it may, its the CONTENT and their basis that needs to be scrutinised and no matter what, the disclaimer cannot be the all-encompassing “shield” for the management to hide behind when things don’t come out right. They still have a duty to make sure their disclosures are accurate.

Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Anonymous Posted: 08 Mar 2012 07:26 PM PST Dear YB Please raise all those Q in Parliament.I think you are the only YB that really concern about MAS.We need to know the transparency of the deals and plans by MAS AirAsia and whoever involved. Met you 2yrs ago onboard.:) Thank you again and may you win the coming elections again.

Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Anonymous Posted: 08 Mar 2012 07:17 PM PST Dear Yb,, Met you once onboard 2yrs ago. Hope you can put all those Q in the Parliament…We know you the only MP who goes all out about MAS.thank you for that.We need your support,please do save our national carrier from those bunch.We ,the rakyat need them to be transparency about all their deals or planning.

Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by weechookeong Posted: 08 Mar 2012 07:09 PM PST Time Traveller Thank you so much for the valuable information. I am most grateful to you and others for all the contributions and support for my blog. Thank you With kindest regards Wee choo keong.

Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Time Traveller Posted: 08 Mar 2012 07:00 PM PST Just to clarify your statement YB – “Why was there a desperate need to make such a sudden briefing/announcement at this particular time?” All public listed co must make an annoucement of their financial result within 2 months from the end of each quarter. Hence, for the quarter ended 31/12/11, an announcement has to be made on or before 29/2/12. So that was why the briefing was made on that day. It’s just to meet the stock exchange requirement.

Comment on MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!” by Anonymous Posted: 08 Mar 2012 06:14 PM PST Recalcitrant, I agree with you on your statements, I would like to fiurther add to your statement on Item 2 – Stock obsolescence. How could they declare lock, stock and barrel obsolete in 2011 when the spares will continue to be used until 2014. In any case, by writing off the value of the aircraft spares in 2011, any proceeds from sale of these “obsolete” spares can be written back into the books as extraordinary income for the forthcoming year. There are still many B747s and B737s flying around the world and the demand for their spare parts are still high. Without actively looking for buyers for these spares, a company can get 70-80cents to the dollar easily. I feel that this is nothing that to create the opportunity for the new management to make up for any shortfall or make them look good for the forthcoming year.

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