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 Air Asia X : IPO, Air Asia X

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madguy88
post Jun 17 2013, 05:58 PM

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QUOTE(tcmean @ Jun 17 2013, 06:56 PM)
How to get the blue form?
*
i just apply through maybank last week ... hope can success ......heheh
and im also a frequent flyer of AA then how they can trace me whether im a frequent flyer or not ..?? blink.gif


davinz18
post Jun 17 2013, 06:13 PM

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QUOTE(madguy88 @ Jun 17 2013, 05:58 PM)
i just apply through maybank last week ... hope can success ......heheh
and im also a frequent flyer of AA then how they can trace me whether im a frequent flyer or not ..??  blink.gif
*
That's retail public/bumi portion application not Blue form (Application by Internet, ATM or White Form) biggrin.gif


Aventador360
post Jun 17 2013, 06:15 PM

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My friend has got a significant allocation of this IPO.
Pls PM me asap if anyone is interested. I will put you in touch with him directly. Thanks.

zssi2551
post Jun 17 2013, 06:19 PM

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QUOTE(tcmean @ Jun 17 2013, 05:56 PM)
How to get the blue form?
*
Hi, u can get from your remiser.
Eclipse69
post Jun 17 2013, 06:35 PM

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Im a airasia passenger , how can i to subscribe for the IPO ?
NEED HELP!! Thanks
zssi2551
post Jun 17 2013, 06:44 PM

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QUOTE(madguy88 @ Jun 17 2013, 05:58 PM)
i just apply through maybank last week ... hope can success ......heheh
and im also a frequent flyer of AA then how they can trace me whether im a frequent flyer or not ..??  blink.gif
*
Hi, I think they only know blue form subscribers are fly always because it request to fill in Passport NO. and Big Card ID. hehe.
zssi2551
post Jun 17 2013, 06:46 PM

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QUOTE(Eclipse69 @ Jun 17 2013, 06:35 PM)
Im a airasia passenger , how can i  to subscribe for the IPO ?
NEED HELP!! Thanks
*
Do u means Blue form Passengers? Else u can apply via Bank Online.
asambuffett
post Jun 18 2013, 02:01 AM

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QUOTE(river.sand @ Jun 17 2013, 05:03 PM)
Asam Buffett disagree with Warren Buffett?  tongue.gif

BTW, AAX is no longer LCC long haul. It's medium haul now.

yes River, i thought it morphed into a medium haul only too as what reported previously.

but they keep mentioning long haul in the news and news on the present IPO. rclxub.gif

http://biz.thestar.com.my/news/story.asp?f...rAsia%20X%20IPO

And they also got plan to revive the long haul London route.

This post has been edited by asambuffett: Jun 18 2013, 08:47 AM
Neoraj
post Jun 18 2013, 03:38 AM

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When an airline going on an IPO exercise starts to give away free seats for IPO subscribers, I tend to stay far far away from it. tongue.gif

But that's just me... IPO subscription should always be based on the strengths and merits of the company itself. And always remember 'Past Performance Does NOT Guarantee Future Performance'.

And just to share another joke with you guys :
Q : What's the fastest way for a billionaire to become a millionaire ?
A : Start an airline

smile.gif
hyzam1212
post Jun 18 2013, 09:32 AM

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If the price is likely to be lower, anybody has a change of hearts?

The share price for AirAsia X Bhd's initial public offering (IPO) will likely be lower due to the overwhelming demand for the institutional and retail portions in an exercise that will raise at least RM1.1 billion to fund the long-haul budget carrier's expansion.

Bankers familiar with the fund-raising exercise said AirAsia X might close the books this Friday instead of next Monday for what is seen as one of the biggest share offerings in the Malaysian market.

"Pricing is likely lower end of the initial RM1.45 a share in order to leave money on the table for investors," a banker told The Malaysian Insider.

The bankers also said that there have been orders of 1.5 billion shares for the 396 million available shares for institutional investors.

It is learnt the Bumiputera portion under the Ministry of International Trade and Industry (MITI) has been oversubscribed at least three times while the retail portion has been oversubscribed at least five times.

There had been suggestions of a boycott of the IPO by Bumiputera groups upset with AirAsia X chief executive Azran Osman-Rani for his criticisms of Umno's Utusan Malaysia daily which has been described as racist for its critical reporting on Chinese voters following the recent general election.

The groups have asked Azran to apologise or face a boycott of the airline and the IPO while Utusan itself said it will not take advertisements from the carrier.

AirAsia X is offering up to 790.12 million shares in the IPO and depending on whether the “green-shoe option” is exercised, it plans to raise between RM1.1 billion to RM1.3 billion to fund its expansion and pay off debts.

The long-haul affiliate of Asia's biggest low-cost carrier, AirAsia Bhd, is offering a large retail portion, comprising 252 million shares or 10.6 per cent of its enlarged share capital.

The remaining 538.011 million shares are allocated under the institutional offering.

The Edge news portal reported today that only 10 per cent of the blue forms for the retail portion (meant for eligible air passengers) have been taken up, leaving the remaining 90 per cent of some 50 million shares for other investors.

It said this development provides “a second chance” for those who want to own the shares but are unable to due to the overwhelming response for the public and bumiputera portions.

The blue forms were for those who had flown with the airline over the past 24 months prior to the prospectus launch on June 10, and those classified as “BIG shot” in the loyalty programme after having earned points with their flights.

http://www.themalaysianinsider.com/busines...e-likely-lower/
cadmus
post Jun 18 2013, 09:58 AM

too long...
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hm.. looks tempting but will let this go.

they following astro style by giving blue forms for customers.

i dunno astro follow whose style. lol.

if the price lower, then maybe make sense to go into IPO la. Just hoping that RM1.45 is not the high side of the valuation.
nasT
post Jun 18 2013, 10:07 AM

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You guys worry so much ..

hahaha.
kb2005
post Jun 18 2013, 10:28 AM

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QUOTE(nasT @ Jun 18 2013, 10:07 AM)
You guys worry so much ..

hahaha.
*
You make the point here. Why worry so much ? haha...
888kb24
post Jun 18 2013, 10:40 AM

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Guys, some opinion on this Air Asia X.

Air asia is doing well but this is air asia x, the cost is kinda high to them and a bit pricy now. Most of the bidders are retail investors. And the chairman is Rafidah Aziz.

What do you guys think?
hyzam1212
post Jun 18 2013, 10:47 AM

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QUOTE(nasT @ Jun 18 2013, 10:07 AM)
You guys worry so much ..

hahaha.
*
QUOTE(kb2005 @ Jun 18 2013, 10:28 AM)
You make the point here. Why worry so much ? haha...
*
Its known as AK syndrome haha
Layboyzx
post Jun 18 2013, 10:56 AM

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Can any of the good samaritans here advised where and how to get the bloody blue form the the AAX IPO?
kb2005
post Jun 18 2013, 11:06 AM

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QUOTE(Layboyzx @ Jun 18 2013, 10:56 AM)
Can any of the good samaritans here advised where and how to get the bloody blue form the the AAX IPO?
*
Are you the customer of AAX for the last 24months ?
Layboyzx
post Jun 18 2013, 11:08 AM

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QUOTE(kb2005 @ Jun 18 2013, 11:06 AM)
Are you the customer of AAX for the last 24months ?
*
Yup. biggrin.gif
n00b123
post Jun 18 2013, 11:25 AM

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just tried my luck applying 40 lots for the IPO via ATM machine...
not much though...just to test water
minshome
post Jun 18 2013, 11:28 AM

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QUOTE(n00b123 @ Jun 18 2013, 12:25 PM)
just tried my luck applying 40 lots for the IPO via ATM machine...
not much though...just to test water
*
u will get it in full mostly... smile.gif

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