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Air Asia X : IPO, Air Asia X
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fiqir
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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  i thinking the same too actually.. but perhaps stabilizing manager might be busy today.
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mikehwy
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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.
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adrian0229
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Jul 26 2013, 09:12 AM
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1.23...wth!!
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fiqir
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Jul 26 2013, 09:26 AM
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Airline tough business. good luck
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fiqir
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Jul 26 2013, 09:27 AM
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now @ 1.21
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ronnie
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Jul 26 2013, 09:41 AM
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Can it go down to RM1 ??
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Darkmage12
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Jul 26 2013, 09:44 AM
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Purposely let it fall? They announced that they bought 10m yesterday!
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xuexueli
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Jul 26 2013, 09:56 AM
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the price start to fall... waiting for it to go below rm1...
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zamans98
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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. its happening now as I predicted. Let's party down till 1.10
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cckiong
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Jul 26 2013, 01:25 PM
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Getting Started

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It will go down to rm1 if the trend continue
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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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davinz18
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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
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zamans98
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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 pointless to purchase at IPO price.
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davinz18
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Jul 26 2013, 03:48 PM
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QUOTE(zamans98 @ Jul 26 2013, 03:44 PM) pointless to purchase at IPO price. maybe they purchase at that price before it went down
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fiqir
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Jul 26 2013, 03:50 PM
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they support @ 1.25, seem the support period is over. going down as expected.
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davinz18
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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. Too bad for those still holding, I pity them
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fiqir
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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  we just can hope all the best for them. This post has been edited by fiqir: Jul 26 2013, 04:04 PM
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davinz18
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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.  I hope that too 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?
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kailc
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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
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davinz18
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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 Now already 1.21
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