so easy
sample of FAMOUS SAYINGS OF IRIS
THE STAR, SATURDAY, APRIL 18, 2009
When asked on MAS’ hedging policy, which has seen it hedge 64% of its requirements at US$100 per barrel, Jala says this is simply because MAS has adopted a competitive hedge policy.
“We are in the business of selling airline tickets and creating that demand for travel, not of hedging oil prices. Our strategy is to hedge our requirements based on what the other players are doing. I have seen many airlines go belly up because they concentrated too much on hedging. It becomes such an expensive exercise,” he says.
sample famous strategy of the TAG team
THE STAR, THURSDAY, APRIL 16, 2009
MAS adopts a competitive hedge policy, where it hedges its fuel requirement based on what its competitors are also doing.
wah! so easy to make money!!!
BUY at 100 - 145 usd
SELL at 45 usd
write off the loss. (55 to 100 usd)
BUY again at 45 usd
SELL again at 75 usd
book the gain (30 usd)
so where is the profit?
I have to figure that one out.
Perhaps IRIS and his sidekick will share their money making strategy with us!