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 Air Asia X : IPO, Air Asia X

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fiqir
post Jul 25 2013, 06:52 PM

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QUOTE(davinz18 @ Jul 25 2013, 06:36 PM)
Maybank IB as stabilising manager "need" to support the price at 1.25, but today the price went down below that level. It's their work. Something must be wrong, Why let the price slipped below IPO price if the quota nor the 30days not fulfill yet  hmm.gif  hmm.gif
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i thinking the same too actually.. but perhaps stabilizing manager might be busy today. biggrin.gif
mikehwy
post Jul 25 2013, 11:03 PM

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MBB-IB support apears to be weakening ..... waiting for an entry chance, but not now.
adrian0229
post Jul 26 2013, 09:12 AM

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1.23...wth!!
fiqir
post Jul 26 2013, 09:26 AM

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Airline tough business. good luck
fiqir
post Jul 26 2013, 09:27 AM

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now @ 1.21
ronnie
post Jul 26 2013, 09:41 AM

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Can it go down to RM1 ??
Darkmage12
post Jul 26 2013, 09:44 AM

shhhhhhhhh come i tell you something hehe
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Purposely let it fall? They announced that they bought 10m yesterday!
xuexueli
post Jul 26 2013, 09:56 AM

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the price start to fall... thumbup.gif

waiting for it to go below rm1... drool.gif
zamans98
post Jul 26 2013, 10:36 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.
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its happening now as I predicted. Let's party down till 1.10
cckiong
post Jul 26 2013, 01:25 PM

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It will go down to rm1 if the trend continue
kb2005
post 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.
davinz18
post Jul 26 2013, 02:48 PM

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Maybank Investment Bank Berhad ("Maybank IB"), as the stabilising manager, has purchased the following Shares:

Date of purchase : 25 July 2013

Number of shares purchased : 10,000,000 Shares

Price of purchases : RM1.25 per Share
zamans98
post Jul 26 2013, 03:44 PM

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QUOTE(davinz18 @ Jul 26 2013, 02:48 PM)
Maybank Investment Bank Berhad ("Maybank IB"), as the stabilising manager, has purchased the following Shares:

Date of purchase                      : 25 July 2013

Number of shares purchased    : 10,000,000 Shares

Price of purchases                    : RM1.25 per Share
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pointless to purchase at IPO price.
davinz18
post Jul 26 2013, 03:48 PM

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QUOTE(zamans98 @ Jul 26 2013, 03:44 PM)
pointless to purchase at IPO price.
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maybe they purchase at that price before it went down hmm.gif
fiqir
post Jul 26 2013, 03:50 PM

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they support @ 1.25, seem the support period is over. going down as expected.
davinz18
post Jul 26 2013, 04:00 PM

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QUOTE(fiqir @ Jul 26 2013, 03:50 PM)
they support @ 1.25, seem the support period is over. going down as expected.
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Too bad for those still holding, I pity them sad.gif
fiqir
post Jul 26 2013, 04:03 PM

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QUOTE(davinz18 @ Jul 26 2013, 04:00 PM)
Too bad for those still holding, I pity them  sad.gif
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we just can hope all the best for them. smile.gif

This post has been edited by fiqir: Jul 26 2013, 04:04 PM
davinz18
post Jul 26 2013, 04:08 PM

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QUOTE(fiqir @ Jul 26 2013, 04:03 PM)
we just can hope all the best for them.    smile.gif
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I hope that too smile.gif

Got someone told that AAX would be like Tune Ins, go below IPO price for few weeks, then fly like rocket.

Can the same "magic" happen again? hmm.gif
kailc
post Jul 26 2013, 04:19 PM

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I am holding 26,000 from IPO, unable to get rid of them at 1.26
davinz18
post Jul 26 2013, 04:57 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
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Now already 1.21 cry.gif sad.gif



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