MAS (stock code 3786): an airline or a hedge fund?

4:38 AM Joehari Matt

Malaysia Airline System posted net profit of RM875.51 million in the second quarter ended June 30, due to a RM1.34 billion fuel hedge gain.

MAS announced on Aug 6 the gains were due to a reversal of the hedging losses of RM640 million in the first quarter. 
Read more at: TheEdge



Is it MAS a transportation company or a hedge fund?

 


Why every time MAS announces its profit/loss, fuel hedging always the main contribution. When they loss, it because of loss in fuel hedging. When they profit, it because of profit in fuel hedging. Maybe MAS should be  classified as a hedge fund (financial) company rather than transportation.

 

 

 

 

 

 



Can't really blame on MAS on that business model. World free economy and financial system grew so screwed up that a transportation company need to focus on oil speculating rather than the 'getting more customer'. Maybe one day, a developer or a construction company need  to go hedging too, probably hedging on cement, steel and timber.

When exactly our express bus companies will go for fuel hedging too? 

KLSE stock stalking

7:15 AM Joehari Matt

Suggest you look into my latest blogpost on KLSE Market Outlook at Bursa Malaysia My Blog. Just posted just now (today).

 

 



If you arrived here by search engine, probably you didn't know that is my blog too. So please do visit.

  

 

 

 

 

 


I will revised some stocks mentioned previously maybe next week.

 



I am selecting a numbers of stocks that I think should be in my All-Time Stock Watch List. These are the stocks that I think I should monitor at all time and when the time is right I will just go buy. That's better than when the market start to rebound then only we kelam-kabut looking for counters to buy or start listening to some fantastic stock tips that you don't know what-is-what.



So far I have only two:


UEMLAND
AXIATA

Suggest you create your own list although you are not thinking of buying now. Get familiar with their behavior now. Get to know them in and out Tak kenal maka tak cinta. When the time is right, you ambush them. Welcome to stock stalking.