zamans.. how to come out wif ur estimate 50-52cents?

Shareholders dumping and cash out the money.

MVNO - well we were toying with these buss model way back in 2001, but somehow VC was not convinced it could work, so no funding for us.
this buss model didn't catch-up even in Europe, US or even Asia.

Comparable will be those by Airasia (tune ??) running on celcom's network or some telcos.

i wonder what or who is their target market ie the vertical?

They had priced the 0.10 par share at 0.80 ( 8 Times)
I think they are trying to make so much of so little
The Imvestment bank that give the recommendation must be blamed.
This will be bad for the market in the short term

This post has been edited by rosdi1: Jun 10 2011, 09:30 AM

Low 60cts, now pumped up to 65cts. Some small hope there, but how long it will be is anyone guess!

Log in so late.. And found out another Phail IPO..

yeah agreed with that

the company rugi every year. it's not even worth 10 cent

Holding the fort at 0.63-0.65

uoa failed, now this one....
what will happen to msm, oldtown and bumi armada later?

true enuff MVNO does not work, but good attempt.

Are the owners trying to cash out like JCY? I hope some forumers with good FA can explain.

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Added on June 10, 2011, 9:58 amimo msm & bumi armada shud be doing okay, but oldtown

This post has been edited by nasni: Jun 10 2011, 09:58 AM

first day.. dormant already

Before IPO launch, go and announce rugi, sure price will reflect badly..
Either is wrong strategy, or it is part of the strategy.. But I am out, after even looking at the name "XOX". Name already sarks for me.. Probably can see this share to 40 cents range in no time

Reference to historical China's based IPO, ie dropped 30-35% from IPO price.

RM0.80 x (1-0.35) = 0.80*0.65 = RM0.52

still dont know y drop? big sharks waiting ppl to throw now. not surprise to c it back to 80 or 100% jump

Nope, it will not and will keep on below IPO. 100% jump is plainly ridiculous, ie you are saying from 80c to 1.60's??. XOX is not Axiata, always remember that.

the reported loss due to branding and stuff.. i never come across their adverts or road shows... just wondering how true this can be reflected

Not surprise to me to see people dumping the share due to bad quaterly report and newly IPO. What surprise me is, still have people want to buy the share!

it is MVNO - mobile vitrual network operator, its network is riding on Celcom's.

their operating cost maybe low, but marketing/advertising and cost of customer acquisitions/retention are quite quite high compared to normal telcos the like of Axiata, maxis or digi.

they might struggle to survive or the owner just wanna cash out... be aware


further is their ARPU (Avg revenue per user) comparable?

This post has been edited by nasni: Jun 10 2011, 12:00 PM

XOX = SOS = LOL

i saw their shop at kepong, no customer ard