The only winner here is MAXIS BOSS. Ananda Krishan.

closed lower...5.37

hahahhaha.. good one.. sitting on a 10Mil couch while watching his Maxis Share trade hand, is a opportunity that he wouldn't want to be miss...

u mean Rm 10 Bil rite? maxis offered 30% of its share to public via IPO, market capitilisation based on IPO price should be RM 11.2 billion. Apparently, Ananda deemed to have has interest from Maxis Berhad via it's holding in Usaha Tegas Bhd which control 4x of interest in Maxis Berhad. Correct me if wrong.

News says that Usaha Tegas will used it to reduce the debt of Maxis Communicatons Bhd that controls stake in Indonesia and India Market. One of the telco name is Aircel, the other one in Indonesia, I can't remember d.

He listed Maxis bcos of pressure from our PM. I dun think he needs the money from it.

Ya, someone told me same statement...
My fren told me, PM wants to attract foreign investor to invest in our share market, correct me if i'm wrong

Is Maxis really powerful and could attract foreign investor by just listing it?

seems like it bcos get 35% foreign investment higher than most other companies

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Added on November 21, 2009, 7:17 amseems like the whole world stock market is dropping, no avoiding it

This post has been edited by kei18kun: Nov 21 2009, 07:17 AM

if i plan to buy some on monday is it a good choice?

It is to attract the foreign investor to pour in funds to our market. Besides, AK will be able to use the RM 11billion he raised from IPO to settle the debts that he raised inititially for acquisition of Aircel in India. So it is a win win situation, why not refloat maxis to the market? Of course our PM will be happy as well seeing Maxis redebut in the market as more foreign funds is expected to pour in.

Another issue would be the liquidity of Maxis stock. Floating in the market ensure the majority shareholder can have a better pricing of their share. Anyway I doubt the old shareholder of Maxis will dispose their shares.

Is it possible for maxiz drop to 4.70 ?

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Added on November 21, 2009, 4:23 pmMy wild guess is AK begged for it NOT PM asked him. AK knows DIGI & Celcom getting stronger in open market. That y AK via Sandip Daz sd will invest $2B in Sabah & Sarawak (for pre & post paid segment) and another $B in Peninsular for Broadband market. Aircel run dry by bollywood & Indon oso dry tap water oredi. But 4 good words & face value, PM sd maxiz can attract FI coming.

This post has been edited by mazda626: Nov 21 2009, 04:23 PM

looking like the insititutions not buying in, in the first week ... too hot
next week will be cheaper ?

if its for long term, its ok
for quick cash its a gamble

i really like ur theory man...does make sense in a way

hopefully but hard since its pretty big unless lots of people dump it

doesnt feel attractive now... only first day rose... friday and today drop...
i think heavy selling is ahead... T+3

Just wanna ask, if the shares offered by Maxis @ AK is 30%, what happens to the other 70%? Can it be traded in the KLSE just like that or what is the process..thanks..

30% as u mentioned is public held... remaining 70% is AK and saudi telecom stake non-tradeable... it is a private share...

Can be trade, need to declare intention to trade sometime, also might have minimum period to hold before can sell.

Hi, i noticed that for maxis, there's no buy price in my online trading account, does that mean i can't sell it?

Lunch time wor, can see after 2.00pm...

no no, what i mean is.. when the ipo is added to my online account, i can't see the 'buy' price under my profile.