Jumaat, 16 Mac 2012

Comments for Wee Choo Keong

Comments for Wee Choo Keong

Comment on Aj & Rashdan: “WHAT COST CUTTING?” & Zero Fare for uplifting 30,000 passengers of AirAsia X – Part 3 by Black mamba

Posted: 16 Mar 2012 09:58 AM PDT

Who the hell is this Chairman?
He was the MD who declared MAS profits by taking out the maintenance reserves and now he is the Chairman that declared MAS losses by taking in provisions for the delivery of aircraft.

The real culprit has spoken!

YB, please publish the affidavit,

Comment on 14-03-2012 Questions Time: MYCC is investigating into MAS-AirAsia share swap & CCF by Black mamba

Posted: 16 Mar 2012 09:19 AM PDT

Who the hell is this Chairman?
He was the MD who declared MAS profits by taking out the maintenance reserves and now he is the Chairman that declared MAS losses by taking in provisions for the delivery of aircraft.

The real culprit has spoken!

YB, please publish the affidavit,

Comment on AJ & Rashdan: “What Cost Cutting?” & PlaneConsult Part 2 by One Rakyat

Posted: 16 Mar 2012 08:18 AM PDT

Dear Jasper Bloodstone,

Do you know how MAS catering ended up under the present owner? Did MAS willingly sell it? In Malaysia anything can happen for some people personal benefit.

One Rakyat

Comment on 14-03-2012 Questions Time: MYCC is investigating into MAS-AirAsia share swap & CCF by Kunyit Hidup

Posted: 16 Mar 2012 08:09 AM PDT

The most, maybe three.

Two shouldn’t be in the list.

Comment on AJ & Rashdan: “What Cost Cutting?” & PlaneConsult Part 2 by One Rakyat

Posted: 16 Mar 2012 08:04 AM PDT

Dear Jasper Bloodstone

One of MAS business plan is to spin-off the supporting functions (Maintenance & Engineering the Ground Handling and simulator training). This is a business transaction which would involve money in exchange for a percentage of share or entirely (as reported in the KLSE news dated 08 December 2011 and quote "not rule out the possibility of disposing of its other businesses such as cargo and engineering entirely if the price is right" unquote).
If the management sincerely wants to re-structure the supporting functions into subsidiaries then it is perfectly alright. Most probably it will be the right thing to do, i.e. provided MAS has the controlling share. In fact, way back the previous MAS management had this plan in place but for unknown reason it did not go through. Later, when these subsidiaries are public-listed then it would be better for MAS.
The issue and concern are:
(a) Instead of MAS has the controlling share, it may end up with Air Asia, particularly when they are represented on MAS Board (which I am sure you would agree has an element of 'conflict of interest'). Under the present environment and management anything can happen. Just look at the past events. Didn't you see how the share price of Air Asia was being manipulated from RM1.34/5 to RM 4.00 within a few weeks and MAS share price went down followed by an announcement? Fundamentally, when a company owes so much and is being run like playing a game of musical chair where the last will be caught standing, it cannot happened but yet it happened and the people responsible got away with it. Didn't you read that the management claims the transaction will benefit MAS? What we see is the other way round. To me these people are working for Air Asia.

(b) MAS business plan expects to generate RM 255 to 337 from the spin off. Some will be to Air Asia (page 27 of the Business Plan). How did the management arrive at this figure and for what percentage of the share? Has a proper valuation by an independent body being done? As a member of the public what is of concerned is the present management (reading from what have been said by the staff which has never happened before) giving away MAS asset to Air Asia for a peanut price and for some people personal benefits.

One Rakyat

Comment on 14-03-2012 Questions Time: MYCC is investigating into MAS-AirAsia share swap & CCF by Kunyit Hidup

Posted: 16 Mar 2012 07:58 AM PDT

The chairman has finally spoken, proudly says – WAU2 is on!
If the share-suap continues then selling of the ‘non-core’ business to take place, below are possible 'returns' for MAS;

1. Engineering (or Ground Operations etc) will be sold at very much lower than the actual value to someone's cousin, niece, classmate, neighbor or son in law. No MAS 'real representatives' in those Newcos. MAS is expected to pay not say.

2. If sold at market price, MAS buy back of services will be more than current cost.

3. If sold at market price, it will be resell to other company at higher price then MAS will pay 'nasi lemak 250'.

4. Buy back of services is subject to long term contracts. No other option.

5. Serving pale-BLUE aircraft is not the priority, instead the attention will be given to anything joy-RED.

6. WAU3 will take place soon after MAS balance sheet is again showing 'crisis' or whenever unsettle/owe to the Newcos. No worry, nothing else to sell at that time. Just repaint the logo RED.

Do not blame any individual but ………. jet-fuel!

Comment on Aj & Rashdan: “WHAT COST CUTTING?” & Zero Fare for uplifting 30,000 passengers of AirAsia X – Part 3 by jose manuel

Posted: 16 Mar 2012 07:41 AM PDT

No point appealing to the YAB PM, he is a coward, with two .. with different sizes. He has been … heavely by Air Asia, to open his stupid mouth. If he open his mouth, he will be flip floping, and say everything in MAS is OK. Malaysia will be sucked dry with this stupid corrupt leaders.

Comment on 14-03-2012 Questions Time: MYCC is investigating into MAS-AirAsia share swap & CCF by weechookeong

Posted: 16 Mar 2012 07:26 AM PDT

Don’t worry sir. WHy not sharing for good cause and our national carrier. Most of all to stop MAS from being cannibalized under WAU 1 and now WAU 2 by almost the same people. We all must tell them enough is enough.

Thank you so much for your contributions in whatever way you have in stop these shameful acts of a few.

Thank you

Regards

wee choo keong

Comment on 14-03-2012 Questions Time: MYCC is investigating into MAS-AirAsia share swap & CCF by zafre

Posted: 16 Mar 2012 07:22 AM PDT

to YB Wee.. keep it up and good that polis repot is made… just to inform YB, i come here sometimes collect info to share at my blog.. hope u dont mind.

TQVM
wubra.blogspot.com

Comment on 14-03-2012 Questions Time: MYCC is investigating into MAS-AirAsia share swap & CCF by zafre

Posted: 16 Mar 2012 07:20 AM PDT

maybe azhari and rosman takes salary from airasia and takes consultant fee from mas….
syok betul hidup depa ni…

gua dah fedup dgr tv3 ckp the deal WAS NOT CANCELLED… read below

http://wubra.blogspot.com/2012/03/breaking-news-my-friends-my-vote-not.html
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