y they keep rushing for ipo b4 GE ????
jus wondering smthg bad will happen during ge ??
no offence ya

Everyone cashing out

Never trust investment house 100%, take with a pinch of salt as some investment house has vested interest. (like those advising/underwriting/cornerstone for IPO....)

IPO = It's Probably Overpriced

This post has been edited by gark: Nov 3 2012, 12:48 PM

...has vested interest. I totally agree with you.

Fixed for you... Lately all the IPO is mostly politically connected...

This post has been edited by gark: Nov 3 2012, 12:54 PM

maybe collecting money from investor to be used in GE 13

They are rushing not becoz of GE... But rushing before MALINDO starting their operation next year!

no la zitis..,,.. what he meant was why all the "BIG" ipo got listed befor GE???

GASMALAYSIA, IHH, FGV, ARSETHROW, AAX??? all when GE just around the corner....

maybe MALAKOFF also right before GE...

Oppppsss.... Sorry! This is AAX thread, so i thought he talking about AAX.....

Tony Fernandes was interviewed by The Star. He now brands AAX as medium haul budget airline. This seems to suggest the original model of long haul budget airline doesn't work.

Hello guys,

after all the review, all comment and prospectus, I will not consider this IPO,

btw, thanks for all your advise.

this LCC LHF is a new concept and still under experimentation.

different from LCC short haul . its a proven model.

Is that mean their IPO also under experimentation? No wonder they were at loss-making now......

Need our monies to do their experiment..... Dangerous!

Well said. Anyway I wish all those who apply, all the best. I'm not and hope AAX proves me wrong.

Proven by Southwest Airlines and Ryanair, copied by AirAsia.
But Tony Fernandes says other LCC copy his model...

According to Reuter's calculations,the share is worth 97 sen..I close file for this IPO for now.

extracted from the "download link" in the link.
http://www.aerlines.nl/index.php/2011/can-...-be-profitable/


Laker Aiways´ Skytrain UK
1977 Operations ceased in 1982

People Express USA
1983 Operations ceased in 1987

Zoom Airlines Canada
2002 Operations ceased in 2008

Civair South Africa -
Opartions had been planed for 2004

Oasis Airlines Hong Kong
2006 Operations ceased in 2008

Jet Star Australia
2006 In service

Air Asia X Malaysia
2007 In service

Feel Air Norway -
Operation planed for 2011

Norwegian Air Shuttle Norway -
Operation planed for 2011

life spans looks short, n actually do not know any LHF that is more than 10 years.

really hopeful that our AAx will be the 1st or at least the 2nd after Jetstar to break the 10years barrier

---

Added on November 4, 2012, 10:57 pmlooks like Feel Air Norway cancelled their 2011 plan .

http://en.wikipedia.org/wiki/Feel_Air

This post has been edited by asambuffett: Nov 4 2012, 11:01 PM

AAX plans to use the proceeds from the IPO to pay back bank. With the bank interest reduced, maybe it will record positive profit before tax

Also, it has ceased long haul flights to/from Europe, and focus on 'medium haul' flights. Perhaps that is workable. Let's see

Already confirmed shareholders other than Tony & Datuk K are Rafidah Aziz & ex-Bursa chairman Dato' dont remember what his name....feel secure enough?

Do they pay for the shares? how much?. Or are they existing share holders?.....if they are, normally they will change them into cash..has been holding too long already.