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Air Asia X : IPO, Air Asia X
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kb2005
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Jul 25 2013, 11:58 AM
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QUOTE(zamans98 @ Jul 25 2013, 11:46 AM) then you need to fork out some Greenback and buy in batches when the Maybank IB quota finishes. First stop will be 1.22 / 1.20 / 1.17 / 1.15 / 1.10 ---> que buy here in batches. I will see how. When approaching 30days or 118M quota, i will let go at 1.25.
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kb2005
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Jul 25 2013, 02:03 PM
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QUOTE(nasT @ Jul 25 2013, 01:58 PM) Be careful.. U might miss the moment.. Yea, agreed. look at the trend, sure will be below 1.25 after 30days. I think MBB now sweating also.
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kb2005
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Jul 25 2013, 03:21 PM
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MBB no more money ?
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kb2005
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Jul 25 2013, 03:30 PM
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I think today quota met.So, tmr will start again. You look at the volume, sellers dumped at 1.25. All MBB buy queue matched.
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kb2005
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Jul 26 2013, 02:01 PM
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Really scary. Have to cut eventhough support at 1.21 and below are still strong now.
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kb2005
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Jul 26 2013, 05:05 PM
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QUOTE(kailc @ Jul 26 2013, 04:19 PM) I am holding 26,000 from IPO, unable to get rid of them at 1.26 I think have to cut somewhere. Need to make decision. If MBB is not holding at 1.25, it will go down more and more.
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kb2005
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Jul 28 2013, 09:51 PM
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QUOTE(topearn @ Jul 28 2013, 09:23 PM) Sure or not ? How is it possible to fall below RM1.25 - what happen to the Stablising Manager - sleeping on the job ? In the first place, did Maybank as stablising manager commit to hold the price at 1.25 ? If not, they can hold it at any price as long as there is not major drop like from 1.25 to 1.
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kb2005
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Jul 29 2013, 10:29 AM
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QUOTE(Mr.Zee @ Jul 29 2013, 10:15 AM) thru cimb online. i have checked my transaction there is no debited amount... Check your saving account or the account where the amount was deducted during IPO application.
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kb2005
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Jul 29 2013, 03:39 PM
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QUOTE(davinz18 @ Jul 29 2013, 02:51 PM) So I can conclude that MBB-IB needed to buy 118.5 million shares within 30days trading at ANY price, not just 1.25? They never say 1.25. So it can be any price.
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kb2005
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Jul 29 2013, 05:32 PM
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QUOTE(topearn @ Jul 29 2013, 05:29 PM) AAX close at what price today ? 1.21. Any comment ?
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kb2005
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Jul 29 2013, 11:49 PM
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QUOTE(davinz18 @ Jul 29 2013, 06:37 PM) AirAsia X To Start Kuala Lumpur-Adelaide Direct Service On Oct 30Adelaide will be AirAsia X's fifth Australian destination after the Gold Coast, Melbourne, Perth and Sydney. AirAsia X will fly four times weekly from its hub in Kuala Lumpur to Adelaide International Airport, providing affordable travel for guests from the AirAsia group network to connect to the capital city of South Australia. The route, the only direct low-cost service between Malaysia and Adelaide, will be operated by Airbus A330-300 aircraft with a seating capacity of 377. This news will not have impact on tomorrow share price.
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kb2005
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Jul 31 2013, 12:30 PM
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Only single trip to Holland now. I have to say, it is very dissapointing performance.
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kb2005
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Aug 1 2013, 03:19 PM
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QUOTE(topearn @ Aug 1 2013, 01:30 PM) Drop, drop, drop more please.........so we can start buying......... What is your target ?
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kb2005
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Aug 2 2013, 07:53 AM
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QUOTE(zamans98 @ Aug 2 2013, 05:35 AM) As predicted, so next stop is 1.15 then tug of war towards 1.10. Then que buy here ie at 1.10 in batches Who is going to support the price at 1.10?
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kb2005
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Aug 2 2013, 10:16 AM
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Who push AAX higher today ? Don't think Lowyat forumers as most of you guys waiting at 1.10.
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kb2005
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Aug 5 2013, 01:41 PM
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QUOTE(hyzam1212 @ Aug 5 2013, 01:18 PM) Another IB joins the fray...modest TP 1.65...underwriters, dont want to join? http://www.theedgemalaysia.com/business-ne...p-of-rm165.htmlStrange! After 3 weeks, IB change their mind from hold(or sell) to Buy ? What AAX latest news contributed to the sudden change ?
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kb2005
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Aug 5 2013, 03:52 PM
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QUOTE(zamans98 @ Aug 5 2013, 03:40 PM) Will revisit this thread again when dropped to 1.10 level Maybe never revisit if the price continue to go up!
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kb2005
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Aug 7 2013, 01:39 PM
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Not much movement. Anyone still holding ?
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kb2005
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Aug 7 2013, 02:35 PM
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QUOTE(kailc @ Aug 7 2013, 01:53 PM) still holding 26000 units from IPO You're so brave!
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kb2005
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Aug 7 2013, 02:37 PM
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Maybank Investment Bank buys 65.5m AirAsia X shares http://www.thestar.com.my/Business/Busines...iaX-shares.aspxKUALA LUMPUR: Maybank Investment Bank bought 65.53 million shares or 8.3% of AirAsia X Bhd at RM1.25 each under the stabilising action for the medium-haul low-cost carrier. The investment bank, which was the stabilising manager, said during the stabilising period between July 10 and Aug 7, it had undertaken stabilising actions where 65.53 million shares were purchased at RM1.25 each. The last purchase was made on July 25 at RM1.25 per share. "We have also exercised the over-allotment option for a total of 52.98 million shares on Aug 7," Maybank Investment Bank said the total purchases made under the price stabilising action of 65.53 million shares and the exercise of the over-allotment option for 52.98 million shares fully covered the 118.518 million shares over-alloted in the IPO for AirAsia X.
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