ramai orang dekat MITI, even call tak berhenti masuk.. surat sudah dapat... mari cuba nasib

Guys, hlb can apply this ipo? I dont see this option though....

if u look at its unaudited result of 3 months ended 31 -3-13, its PBT is 34,765. The 2012 result is already outdated. In my view its prospective PE is around 18 times if u annualised the 3 months result.

Whether u can make a gain no one knows. For the parent AirAsia to reach its price today, it took almost 10 years if I am not wrong. I sold all my shares on the 1st day of its listing.

This post has been edited by Oracles99: Jun 11 2013, 08:43 PM

If one are barely look for the "unaudited" result and claimed that the audited one is already outdated, fundamentally I don't think it justify the share prices for any company.

Anyway, I'm not against airasia, and in fact they so so successful and has became our idol in the business world, but for airasia X , you got to look at their pass result, the routes fly to London, Paris, Christchurch and few others has incurred losses and if they are going to expand further, what market they could go further ?

so is this a good buy??

How many % of return over a year??

I do not think the latest 3 months figures are not so reliable just because it has not passed through the auditors. It offers a glimpse as to what results the company has already achieved.
It reminds me of the final month of 1997 when Maybank reported brillant results but it share price kept falling. It was that the economic prospects of 1998 are getting dimmer by the day & it was expected that Maybank would be badly affected going forward even though it reported the good results. What use was it then? Share prices are forward looking.

Of course, there are limits to Airasia's expansion. Its longer haul routes have proved unprofitable but then the cheaper air fares are the main attraction.

It is better to know if those approved investors by MITI are offered a lower price than that the public is paying. We have seen investors selling Astro shares below the IPO offer price.

This post has been edited by Oracles99: Jun 11 2013, 10:28 PM

i skip this ipo i guess.. PE reason.

hmm~ looking at the financial performance, despite on good brand name, not so healthy as I thought, low earning, high borrowing, less cash flow. It's foreign sharesholder makes up abot 37%. Aviation biz tends to be highrisk biz and oversea even more tensive~
hmmmm~~

What price miti offering?

sama jugak RM1.45

That means AAX won't open lower than RM1.45 ?

I don't think the IPO price is justified. Seem on the expensive side since their business is cyclic and no dividends yet.

Be wary of IPO underwritten by CIMB and Maybank based on IPO history.

I skip this one.

Applied..........

wonder when will know the application status?

Some interesting reads about AAX IPO

http://sahathevan.blogspot.com/2013/05/wou...anson-gave.html

http://ahmadalizham.blogspot.com/2012/11/a...t-of-astro.html

Balloting of applications : 24/06/2013

Result will be out on 25 June 2013 or next day

feels like airasia bhd on its inception days pre rm 1.40
high gearing, low ROE

Any price stabilising manager?

Undecided over this IPO

In or skip

If thru Maybank2u, by 19 June - 5pm can know the application status already.

Semua Bumiputra and Malay bloggers have boycotted this IPO...better stay away....It will be worst that Astro shares...the case of Azran the CEO n now the Nazir connections......this counter will be in the turmoils dan doldrums for a long time!!!!