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 Air Asia X : IPO, Air Asia X

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Oracles99
post Jun 21 2013, 07:08 PM

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The price stabiling manager was sleeping during Astro's listing. I hope this time he is awake. biggrin.gif biggrin.gif biggrin.gif
azlan88
post Jun 21 2013, 08:40 PM

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QUOTE(Oracles99 @ Jun 21 2013, 07:08 PM)
The price stabiling manager was sleeping during Astro's listing. I hope this time he is awake.  biggrin.gif  biggrin.gif  biggrin.gif
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Astro quite difficult to stabilise because of three factor:

1) huge amount of shares offered (1.5billion)
2) high IPO price (RM3.00)
3) shareholder from their employess get shares at cheap price (<RM2.00), so they start to sell on first day.

Good luck to those who get AAX shares. At Rm1.25 you can expect at least some profit unlike astro.
davinz18
post Jun 21 2013, 08:43 PM

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QUOTE(azlan88 @ Jun 21 2013, 08:40 PM)
Astro quite difficult to stabilise because of three factor:

1) huge amount of shares offered (1.5billion)
2) high IPO price (RM3.00)
3) shareholder from their employess get shares at cheap price (<RM2.00), so they start to sell on first day.

Good luck to those who get AAX shares. At Rm1.25 you can expect at least some profit unlike astro.
*
You gotta point there thumbup.gif
kb2005
post Jun 21 2013, 09:38 PM

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With the new price RM1.25, now people started to like AAX. biggrin.gif
asambuffett
post Jun 22 2013, 12:12 AM

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The star rm1.25 version

http://biz.thestar.com.my/news/story.asp?f...34&sec=business


ronnie
post Jun 22 2013, 12:16 AM

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Co-founder Tan Sri Tony Fernandes said the company had orders for two billion shares at RM1.45 and had only 396 million shares available in the bookbuilding exercise.

“We want to see retail investors benefit from this IPO and this is the reason why we priced it at RM1.25. The success of AirAsia X is because of their support and we want to reward them,” he said.
zitis
post Jun 22 2013, 09:35 AM

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Good to hear that Tony not so greedy if compared to Ananda, at least he left some penny for retail investors... Sure u guys will gain some from this counter.. Early bird will always get more worms.
bingozero
post Jun 22 2013, 09:49 AM

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QUOTE(davinz18 @ Jun 21 2013, 05:20 PM)
INSTITUTIONAL PRICE  -        RM1.25 PER SHARE

FINAL RETAIL PRICE    -        RM1.25 PER SHARE

Confirm  thumbup.gif

http://www.bursamalaysia.com/market/listed...cements/1327617
*
Good to hear that, but my status still in pending.
H86
post Jun 22 2013, 10:49 AM

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QUOTE(bingozero @ Jun 22 2013, 09:49 AM)
Good to hear that, but my status still in pending.
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Of course. Not ballot yet
rosdi1
post Jun 22 2013, 01:01 PM

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QUOTE(zitis @ Jun 22 2013, 09:35 AM)
Good to hear that Tony not so greedy if compared to Ananda, at least he left some penny for retail investors... Sure u guys will gain some from this counter.. Early bird will always get more worms.
*
What is sure we get back the extra $0.20 ... The rest we have to see what happen when the stock get listed....When?

zamans98
post Jun 22 2013, 02:10 PM

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what the fcuk?
if 1.25 I may consider, but now too late already to whine.
davinz18
post Jun 22 2013, 05:19 PM

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Heard that there was not enough demand at rm1.45, majority around rm1.20 to rm1.30 range only.

Don't know true or not hmm.gif
ken_zie
post Jun 22 2013, 08:02 PM

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Now suddenly seems like everyone is interested with AAX. Though I only applied for a very small number of lot, now hope the application will be successful.
zitis
post Jun 22 2013, 08:39 PM

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QUOTE(ken_zie @ Jun 22 2013, 08:02 PM)
Now suddenly seems like everyone is interested with AAX. Though I only applied for a very small number of lot, now hope the application will be successful.
*
Sure 100% strike....
madguy88
post Jun 22 2013, 10:49 PM

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maybe "re post"

Timetable for IPO
AIRASIA X BERHAD

Opening of application 10/06/2013
Closing of application 19/06/2013
Balloting of applications 24/06/2013
Allotment of IPO shares to successful applicants 09/07/2013
Tentative listing date 10/07/2013


thanks
ketnave
post Jun 22 2013, 10:57 PM

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QUOTE(davinz18 @ Jun 21 2013, 04:45 PM)
The balance would be return to you.

Don't worry, This is normal  biggrin.gif
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How will be balance be return eh ?
kb2005
post Jun 22 2013, 11:27 PM

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QUOTE(zitis @ Jun 22 2013, 08:39 PM)
Sure 100% strike....
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You mean it will be undersubscribed ? Confirmed ? With latest 1.25 fixed price, many will regret not applying. biggrin.gif
kb2005
post Jun 22 2013, 11:28 PM

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QUOTE(ketnave @ Jun 22 2013, 10:57 PM)
How will be balance be return eh ?
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You should get the balance next week. No worry! It won't take long. biggrin.gif
ketnave
post Jun 23 2013, 12:37 AM

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QUOTE(kb2005 @ Jun 22 2013, 11:28 PM)
You should get the balance next week. No worry! It won't take long. biggrin.gif
*
cheque ar ? or how wan ar ? or terus bank in balik wan ?!

kb2005
post Jun 23 2013, 07:03 AM

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QUOTE(ketnave @ Jun 23 2013, 12:37 AM)
cheque ar ? or how wan ar ? or terus bank in balik wan ?!
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How you applied ? If through CIMB e-IPO, it will directly bank in to you.

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