average out all 5, the TP is RM1.436.

who is the underwrite and the banks/investment firm involved btw?

banzai...

AirAsia X raises RM988m from IPO: Reports



KUALA LUMPUR: AirAsia X Bhd raised RM988mil from its share sale, wire reports said.

The reports said on Friday that AirAsia X had priced its share to institutions at RM1.25.

AirAsia X's IPO of up to 790.12 million shares, included the issuance of new shares.

This comprises of an offer for sale of up to 197.53 million existing shares and a public issue of 592.59 million new shares at an indicative retail price of RM1.45 a share.

So confirm the price is at the lower end of the valuation.

Final price fixed at rm1.25/share

additional news. didn't mention that RM1.25/share is only for institutional.


http://www.reuters.com/article/2013/06/21/...N0EW4DT20130621


(Reuters) - Malaysia's long-haul budget carrier AirAsia X raised about $310 million in an initial public offering, pricing the deal near the bottom of expectations, a source with direct knowledge of the deal said on Friday.

AirAsia X, which competes with Singapore Airlines' Scoot, priced the IPO at 1.25 ringgit per share versus an indicative price range of 1.15-1.45 ringgit per share, added the source, who was not authorised to speak publicly on the matter.

Retail also 1.25/share if the news is true.

Institutional Price = Retail Price

i checked the prospectus. split between "retail offering"=(malaysian public via balloting), (eligible persons),(eligible passengers) & "Institutional offering"=(bumi investors approved by MITI),(other malaysian and foreign institutional and selected investors).

I'm confused

Normally Retail price would be same with Institutional price. Sometimes Retail investor get "discount" over Institutional price.

Told ya...

Yeap. That's what puzzled me which prompt me to google further.

If institutional is cheaper than the retail price... that's a bit weird. I've seen retail cheaper than institutional and not vice versa.

So what happen to those has already buy at RM1.45? I've bought few units like all of you.

Rugi is it?

The balance would be return to you.

Don't worry, This is normal

INSTITUTIONAL PRICE - RM1.25 PER SHARE

FINAL RETAIL PRICE - RM1.25 PER SHARE

Confirm

http://www.bursamalaysia.com/market/listed...cements/1327617

sound good. but i got no fund already.. all stuck in market.

Today very bad, mostly red

Now i hope i get this IPO! Applied too many lots.

that means money is now left on the table for investors....

furthermore,.. cimb is also the price stabiling manager..

at the end.. why worry so much!.

easily 10 sen premium dlm tgn... maybe 20 sen..