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MAS and AirAsia Shares Swap

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By sending a stepfather who intend to kill it off slowly by taking away everything of value from the stepchild and give it to his own child?

 

(Read point 1, 2, 3, 4, 6, 9,10)

 

TF is no longer on MH BOD, AJ can reverse point 2, 3, 9 and 10, the rest considered one off alimony payment.

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Yes, that view is largely from the perspective of the MAS employees.

 

Sometimes, treatment can be very unpleasant and may involve surgery, chemo and radio theraphy. The patient may not like that very much and it sometimes they think that the treatment may kill them. However, if the treatment regime is carried out properly, the patient will be cured.

 

Since all that is now academic, we shall have to wait for time to pass to see whether this patient will be able to recover from its serious illness using alternative medicine. :)

 

What would you do if you own rice bowl is fundamentally affected???

 

 

:hi:

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Don't treat the numbers (like WAU, CCF etc) but treat the patient. We are still not treating the patient

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Provided the diagnosis is correct, curative treatment is available, and administered according to plan, without serious complications or adverse effects which will result in drug withdrawal by the clinician or non-compliance by the patient. Of course some adverse drug reactions can be life threatening as well...

Yes, many risks involved - there are also patients who like to "test" their doctors by withholding information about the symptoms of their illnesses. This will make a misdiagnosis more likely!

 

What would you do if you own rice bowl is fundamentally affected???

It depends on what stage of your career you are at and how much is at stake. Leaving the company is also an option.

 

So the poorly-thought-out CCF has done more harm than good, eventually?

Would the situation be any better today had the govt. not done anything to arrest the rapid financial decline at MAS?

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Don't treat the numbers (like WAU, CCF etc) but treat the patient. We are still not treating the patient

What if the patient does not wish to be treated?

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Let's see.. The treatment by Dr Fernandes and those share swap masterminds included:

 

1) Axing Firefly jet, which had strong potential

2) Sponsorship of Dr Fernandes's football club

3) Air Asia people to take up top management positions

4) Haneda route gone

5) Premium economy gone

6) Generous discount to Air Asia plane maintanence (but didn't eventuate as people complained)

 

I may have forgotten a few of treatments.. but to me, it's like whacking the patient with chemotherapy for flu.. Obviously the patient does not wish to be treated.

Edited by Cheng Long

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This is turning into a Michael Jackson saga...

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flee, you are hilarious! :)

Good that u see the funny side of things... :)

 

Going by some comments made on this issue, one might have thought that there is some sort of war going on! ;)

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Yes, many risks involved - there are also patients who like to "test" their doctors by withholding information about the symptoms of their illnesses. This will make a misdiagnosis more likely!

 

 

C'mon it not war, just some light hearted bantering...

 

OT - I blame this on the clinician who failed to gain the trust of the patient in the sacred doctor-patient relationship. Also for being incompetent enough to distinguish whether the information given was correct, suspicious or wrong... that, they say, is the art of medicine...

Edited by V Wong

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I may have forgotten a few of treatments.. but to me, it's like whacking the patient with chemotherapy for flu.. Obviously the patient does not wish to be treated.

Don't forget them harvesting organs from the ailing, but still alive patient (spinally blocked, no GA) :p

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I may have forgotten a few of treatments.. but to me, it's like whacking the patient with chemotherapy for flu.. Obviously the patient does not wish to be treated.

 

MH illness stretched back to 1990’s, if the illness is flu like, MH is immuned. Unfortunately the illness resembling more like multiple cancers even chemotherapy is unlikely to help.

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MH illness stretched back to 1990’s, if the illness is flu like, MH is immuned. Unfortunately the illness resembling more like multiple cancers even chemotherapy is unlikely to help.

 

In practical sense, you don't really get immunity to flu because the virus mutates, that's why you get different flu jab each year.

 

Anyway, you get the idea. The treatment by Dr Fernandes and gang are making things worse. Like giving laxative and enema to someone with diarrhea..

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But prescribing the 'wrong' medicine can sometimes achieve desired effect (well, sort of anyway) - try giving some instantly strong laxative to a coughing patient and see if the coughing fits gets less :p

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In practical sense, you don't really get immunity to flu because the virus mutates, that's why you get different flu jab each year.

 

Anyway, you get the idea. The treatment by Dr Fernandes and gang are making things worse. Like giving laxative and enema to someone with diarrhea..

 

 

 

 

Cheng Long.....This is so hilariously funny...I can't imagine what would happen if the situation is prescribed to a person. Off topic. Just so funny though.

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wow... suddenly tons of Dr House in here... :)

 

At the last count, I think there are at least 4 medical doctors in this thread alone...

Edited by V Wong

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MAS is like a patient that we need to crash onto bypass to salvage it. Too many physicians have meddled with it and now when the s#1t hits the fan, they call the surgeons to sort it out! :p

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Japan Airlines cut 50 routes and 16,000 jobs when it went into bankruptcy. Now it has emerged leaner and with US$ 2.5 billion profit for 2011. The question is - are MH able to take this brand of bitter medicine in order to turn around? Does the govt., MH management and staff have the capability to bite the bullet so that the future of the airline is secured. Or will it continue to lumber from one crisis to the next, sucking along with it a lot of taxpayers' money?

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its faurly much obvious that MH willremain sick for avery long time and it will never be able to stand alone as we can see how many big restructuring it had been through and how many billions of ringgit sunk deeper n deeper into rescuing MH. And with 6 Dugongs each costing a Billion each - and its unlikely that MH can even fill up the planes even on its supposedly lucrative KUL-LHR with 2x daily or even a daily A380 service. Just look down south where SQ is even increasing its LHRflights to 4x daily and 3 are using the A380s, and having real competition from several airlines offering direct flights too.

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Firefly is such a good, known and recognizable brand, and why would you kill a good brand? Only MORONS would do that, where we have A LOT in MAS management now.

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* Acquisition is first major airline buy for AirAsia

* Fernandes calls deal "huge step" for carrier

* Deal will ratchet up competition in Indonesia (Adds Lion Air comments, context)

By Andjarsari Paramaditha and Janeman Latul

JAKARTA, July 26 (Reuters) - Asia's largest low-cost carrier, AirAsia Bhd, is making its first major airline acquisition by buying Indonesia's Batavia Air to expand in Southeast Asia's biggest economy, the two groups said on Thursday.

The move will sharpen competition among low-cost carriers in Indonesia, a field already crowded with players like Lion Air, the nation's biggest, Mandala Air, controlled by private equity firm Saratoga Capital, and Citilink, a unit of flag carrier Garuda.

"It's an interesting move and it surely going to make the competition even tighter in an already competitive market," Edward Sirait, a Lion Air director, told Reuters. "It also shows the recognition by foreign investors that Indonesia's aviation market has a very huge potential."

The acquisition will also help Malaysia-based AirAsia compete against regional rivals like Tiger Airways Holdings Ltd and Singapore Airlines Ltd once the Southeast Asian open-sky policy comes into effect in 2015.

That policy will allow the budget carriers to fly more regional routes and removes various restrictions on passenger, cargo and charter services.

The purchase is somewhat of an about-face for AirAsia CEO and founder Tony Fernandes who said previously he was against acquisitions, calling them "value destroying" in an interview with Reuters a year ago.

On Thursday however, Fernandes called the acquisition a "huge step" and said on his Twitter feed that his airline was now a "major player in Indonesia."

"This news in Indonesia will have a very positive effect on our earningsover the next few years," Fernandes tweeted.

Batavia Air confirmed the acquisition, but declined to comment about details. Financial terms were not disclosed. AirAsia officials in Indonesia said a signing ceremony and press conference would be held later on Thursday in Jakarta.

MOVING TO JAKARTA

Fernandes said in early May his group was looking to list its Indonesian operations by the first quarter of next year as it moves its regional base to Indonesia to focus on further expansion.

Fernandes is also expected to move to Jakarta to oversee the airline's expansion plans in Southeast Asia.

"There will also be a positive impact on its Indonesian unit's listing. The IPO will be helped by this acquisition," said an aviation analyst with MIDF Research in Kuala Lumpur, who asked not to be named because he was not authorised to speak to the media.

AirAsia will benefit from Batavia Air's strong agent network in Indonesia, said Ahmad Maghfur Usman, a Kuala Lumpur-based equity analyst with OSK Research.

"The Internet penetration in Indonesia AirAsia in terms of ticket bookings is not as great as Malaysia or Thailand. So that's why AirAsia sees value through the purchase of Batavia Air," he added.

AirAsia's move is also seen as an extension of the global rivalry between Airbus and Boeing. Lion Air ordered 230 Boeing short-haul jets worth $22 billion in November last year to take it its total orderbook to more than 400 planes.

AirAsia said in May that it is in talks with Airbus to buy 50 A320 passenger jets worth $4 billion, only months after it placed a record order for 200.

Shares of AirAsia were unchanged at 3.74 ringgit per share compared to Malaysia's benchmark index which was down 0.37 percent at 0536 GMT. (Reporting by Andjarsari Paramaditha and Janeman Latul in JAKARTA; Yantoultra Ngui and Anuradha Raghu in KUALA LUMPUR; Editing by Matt Driskill)

http://www.reuters.com/article/2012/07/26/airasia-batavia-idUSL4E8IQ0TB20120726

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