WB once bought US Airways..loss 75% and then said never again to buy anything with wings on them.

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Added on November 6, 2012, 11:38 am
Still remember Astro?

[/quote]

Against the undercurrent, i made 5k profit with astro on day one... .

For this AAX, i would say they would not dare to price it high. As a revised business strategy they will load more flights to china & oceania routes. So i reckon they should be ok.

Yeah SIA is doing well in terms of their branding and also they are in based in Singapore which is like the capital of South East Asia, no offense intended for other countries. With hundreds of international flights in and out of Singapore, they aren't really worried about lack of customers, unless of course another SARS event happens which basically crippled their entire fleet in SG at that time. That's their greatest weakness being stuck on an island nation which depends on foreign trade and international business. Imagine if SARS was prolonged, if the infections did not end as fast as it did. SIA can close shop already with all their planes grounded and will probably be another airline failure story.

[quote=nasT,Nov 6 2012, 11:48 AM]

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Added on November 6, 2012, 11:38 am
Still remember Astro?

[/quote]

Against the undercurrent, i made 5k profit with astro on day one... .

For this AAX, i would say they would not dare to price it high. As a revised business strategy they will load more flights to china & oceania routes. So i reckon they should be ok.

[/quote]
Think Astro actually putting many back to the fundamental, instead of applying blindly... so if AAX going to overprice their share, the opening might be ugly... Business prospect I agree with you, the future seems to be cautiously optimistic for them, but they need to watch out for their balance sheet (that remind me of AA, initially when they took large delivery of aircraft, the gearing is kind of scary...).

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Added on November 6, 2012, 12:53 pm[quote=skiddtrader,Nov 6 2012, 11:48 AM]
Yeah SIA is doing well in terms of their branding and also they are in based in Singapore which is like the capital of South East Asia, no offense intended for other countries. With hundreds of international flights in and out of Singapore, they aren't really worried about lack of customers, unless of course another SARS event happens which basically crippled their entire fleet in SG at that time. That's their greatest weakness being stuck on an island nation which depends on foreign trade and international business. Imagine if SARS was prolonged, if the infections did not end as fast as it did. SIA can close shop already with all their planes grounded and will probably be another airline failure story.

[/quote]
On SIA, that's one of the most important companies for Singapore, that's why the outcome is kind of stable, with near term growth expectation low (no where to move liao), they are busy expanding their low cost (tiger, scoot, silk air) with mixed result. Unless the economy outcome suddenly bright or their strategy success, else I see not much upside on their share price, didn't monitor for long liao...

This post has been edited by htt: Nov 6 2012, 12:53 PM

Yeah I would say SIA is LKY's pet project. Not allowed to fail.

During the union fiasco last time where a Malaysian pilot working under permit was the leader, he was organising a strike that would ground the airplanes of SIA if negotiations for better pilot pay was not conclusive. Guess what, his permit to work was cancelled, he was declared not welcome in SG and was booted back to MY. The union leadership collapse and a new union was formed and the agreement for pay was signed in favour of SIA. Power or not?

This post has been edited by skiddtrader: Nov 6 2012, 01:16 PM

Haha... for now, forget about SIA... we are at AAX thread...

Ooops sorry for OT everyone. Hehe suddenly fired up about airline stocks coz last time SIA made me worried.

Anyway, AAX MITI prices was how much?

if you have limited bullet, keep yourself away from this stock.

Good plan buddy!Just don't put whole of your life savings!good luck...

Now boarding on AirAsia X... for 8 hours

See whether successful flight or crash and burn.... (the stock i mean...)

This post has been edited by gark: Nov 7 2012, 11:40 AM

not yet decided on this AAX but again just bought another AAX sister share at rm3.00
(or is it its brother / father / mother share.....??)

This post has been edited by asambuffett: Nov 7 2012, 12:03 PM

Some info on moratorium. Next to watch out in the headlines any cornerstone investors secured.

Moratorium on Our Shares
Pursuant to the Equity Guidelines. the Shares held by our Promoters amounting up to
approximately [1.237] million Shares or [52.2]% of our issued and paid-up share capital at the
date of admission of our Company to the Official List of the Main Market are to be placed
under moratorium. In this respect. the Shares that are subject to moratorium are set out
below:
Direct Indirect
Promoter No. of Shares (%) No. of Shares (%)
Aero Ventures Sdn Bhd [816.885,443] [34.4]
AirAsia Berhad [286,889,902] [12.1]
Dato' Kamarudin Bin [66,356,360] [2.8] [1,103,775,345](1) [46.5]
Meranun
Tan Sri Dr. Anthony [35,223.907] [1.5] [1,103,775.345](1) [46.5]
Francis Fernandes
Dato' Seri Kalimullah Bin [16.070,447] [0.7]
Masheerul Hassan
Lim Kian Onn [16,070,447] [0.7]
Note:
(1) Deemed interest by virtue of their shareholding interests in Aero Ventures Sdn Bhd and AirAsia
Berhad pursuant to Section 6A of the Companies Act.
Our Promoters have fully accepted the moratorium. Our Promoters will not be permitted to
sell, transfer or assign any part of their interest in the Shares under moratorium for a 6-month
period beginning from the date of our admission to the Official List of the Main Market.
The above moratorium restrictions are specifically endorsed on the share certificates
representing the Shares held by our Promoters which are under moratorium to ensure that
our Company's share registrar does not register any transfer that contravenes such
restrictions.
Pursuant to the Equity Guidelines, Andrew Littledale, Dato' Kamarudin Bin Meranun, Dato'
Seri Kalimullah Bin Masheerul Hassan, Hud Bin Abu Bakar, Tan Sri Dr. Anthony Francis
Fernandes, Lim Kian Onn, Robert Milton and Tune Longhaul Sdn Bhd as direct shareholders
of Aero Ventures Sdn Bhd, are not allowed to and have undertaken not to sell, transfer or
assign their entire holdings of ordinary shares of RM1.00 each and/or redeemable convertible
preference shares of RMO.01 each in Aero Ventures Sdn Bhd, as the case may be, for a 6-
month period beginning from the date of our admission to the Official List of the Main Market.
Pursuant to the Equity Guidelines, Dato' Kamarudin Bin Meranun, Dato' Seri Kalimullah Bin
Masheeruf Hassan, Tan Sri Dr. Anthony Francis Fernandes and Lim Kian Onn as indirect
shareholders of Aero Ventures Sdn Bhd, are not allowed to and have undertaken not to sell,
transfer or assign their entire shareholdings in Tune Longhaul Sdn Bhd for a 6-month period
beginning from the date of our admission to the Official List of the Main Market.

looks like its gooding yo until further notice...the astro effect will tarnish their image kaw2 if they dare to do like that

AAX records 40.7% passenger growth in Q3 2012...
http://www.bernama.com/bernama/v6/newsbusiness.php?id=711814

This post has been edited by river.sand: Nov 27 2012, 05:14 PM

nice news, but i still will skip this.. unless the ipo price is really good.

AirAsia X sees double-digit growth in revenue, volume

Long-haul low-fare airline AirAsia X is looking at double-digit growth in 2013 and 2014 in revenue and passenger volume, supported by fleet expansion.

Chief executive officer Azran Osman-Rani was confident of the revenue and passenger volume growth, with the two components being proportionate to the number of planes the airline will have.

“We're getting seven more planes this year and seven more next year, so there's a significant double-digit growth this year and an even higher percentage in 2014,” he said. Currently, AirAsia X has 11 aircraft.

With the new low-cost carrier terminal KLIA2 opening in May, he foresaw a significant boost to AirAsia X, especially where reaping the benefits of having more interconnectivity at the terminal is concerned.

“In 2011, 45% of our business was from connecting passengers and we expect this percentage to grow as KLIA2 offers more connectivity,” he said at the launch of AirAsia X's new route from Kuala Lumpur to Jeddah

Any news on this ?

How about MITI's allocation?

none yet on MITI...concentrating on TUNE maybe...

They should capitalise on the Jeddah aka haji route long before deciding towards Paris and London travel-goers

I think KLI2 is the last best thing to sustain AA, Tune, AAX, other than that can be considered as secondary

They want to see the performance of tune ins IPO first, then only think about airasia x ipo