Monday, February 22, 2010

MONDAY, February 22, 2010

10.30 am : FBM KLCI rose 6.17 to 1263.84...nothing change much in my portfolio,,but keep an eye on some stock..

12:30pm : Rose 7.13 to 1264.80...

MY BABY ---MAS

MAS back in black with 4Q profit

PETALING JAYA: Malaysia Airlines System Bhd (MAS) was back in the black in the fourth quarter of 2009, reporting RM610mil in net profit after a RM299.6mil loss in the third quarter.
Net profit for fiscal year 2009 was RM490mil, the company said in a statement.
In the third quarter that ended Sept 30, MAS had posted a net loss of RM299.6mil mainly due to a loss of RM202mil in derivative marked-to-market on fuel. MAS narrowed its operating loss to RM73mil for the quarter from RM421mil losses reported in the preceding quarter.In the fiscal fourth quarter, MAS carried 3.4 million passengers attributed to “aggressive” domestic and global sales campaigns and “competitive” pricing, coupled with the seasonal peak travel period, the company said. -thestar online

if this price can sustain, this is the time to sell my MAS-RI..it closed at 1.90 (25032)..most of company ll announce their 4Q result by this week.
MAXIS also ll follow MAS with PROFIT..closed at 5.40 (54635)
AIRASIA also in positive closing tday, closed at 1.440 (38754)

KLCI closed 8.77pt higher at 1266.44

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