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View Full Version : MAS Q2 loss!!



morningmist
01-12-2005, 12:25 PM
http://biz.thestar.com.my/news/story.asp?file=/2005/12/1/business/12743846&sec=business

Yesterday, Proton. Today MAS!

Pity whoever's taking over. Looks like there's an uphill task ahead for both CEO's.

What's so difficult to learn from Cathay or SIA?

bugbear
01-12-2005, 12:41 PM
It is expected for MAS to post another quarter loss after the last quarter. In fact the next quarter will also be similar. What a way to be the new CEO. At least the only way from here on can only be up.

MAS like Proton is a GLC with heavy behind the scene dealing control by government policies. Looking at the company, some hard remedy is required. For instance, it is just too fat to be competitive beside having past bad dealings which brings many loses.

I don't know if the new CEO has the all wielding power to effect change as required or he will be another scrapgoat when things as expected did not turn up well. Anywhere good luck to him all the same. ;)

SunwayKid
01-12-2005, 12:45 PM
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What's so difficult to learn from Cathay or SIA?

In Cathay / SIA, they employ the best people to work in top management positions, i.e. employ people to deliver.
In MAS, we give the top management positions so that these privileged people can be employed, i.e. deliver people to be employed.

In Cathay / SIA, it is what you can do for the company.
In MAS, it is what the company can do for you.

In Cathay / SIA, it is what you know to get employed.
In MAS, it is who you know to be employed.

The words may be the same.......but do you now have an idea on why it is so difficult? :cool: