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 Air Asia X : IPO, Air Asia X

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kb2005
post Jul 10 2013, 03:35 PM

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QUOTE(arcadicus @ Jul 10 2013, 03:32 PM)
back to 1.25 now sad.gif
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The stabilizing manager will support. It will not close below 1.25. Don't worry! biggrin.gif
xuexueli
post Jul 10 2013, 03:36 PM

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QUOTE(arcadicus @ Jul 10 2013, 03:32 PM)
back to 1.25 now sad.gif
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luckily i skipped this one... tongue.gif

i guess big ppl are unloading....
fiqir
post Jul 10 2013, 03:41 PM

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QUOTE(nasT @ Jul 10 2013, 03:31 PM)
does anyone know how long will the engagement of price stabilizing manager for? a month?
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period of 30 days or 15% of the total shares issued
xuexueli
post Jul 10 2013, 03:46 PM

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QUOTE(fiqir @ Jul 10 2013, 03:41 PM)
period of 30 days or 15% of the total shares issued
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i guess it's a free fall after the 30 days.... sweat.gif
kb2005
post Jul 10 2013, 03:47 PM

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QUOTE(xuexueli @ Jul 10 2013, 03:46 PM)
i guess it's a free fall after the 30 days....  sweat.gif
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Hopefully not! Look at Tuneins biggrin.gif
nasT
post Jul 10 2013, 03:48 PM

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QUOTE(xuexueli @ Jul 10 2013, 03:46 PM)
i guess it's a free fall after the 30 days....  sweat.gif
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That was what most people said for tune insurance last time... but look at them today... OK what..

there is this thing called BIG picture.
adrian0229
post Jul 10 2013, 03:51 PM

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feel like vomit becoz of this price...
goldironman
post Jul 10 2013, 04:01 PM

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QUOTE(davinz18 @ Jul 10 2013, 03:01 PM)
According to news report, Those pre-ipo shareholders are selling. Their initial cost is much lower compare with ipo price  smile.gif
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Who are these pre-ipo shareholders? I had anticipated earlier that AAX would perform much better than Astro since all AAX investors bought at the same RM1.25 IPO price c.f. Astro in which employees purchased at special price (lower than RM3 IPO.)

Will the same fate be possible to the upcoming Sona Petroleum and Ranhill IPOs?
kb2005
post Jul 10 2013, 04:02 PM

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QUOTE(adrian0229 @ Jul 10 2013, 03:51 PM)
feel like vomit becoz of this price...
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Hold on! Maybe got show before closing. Don't worry! Tony sure support it.
davinz18
post Jul 10 2013, 04:19 PM

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QUOTE(goldironman @ Jul 10 2013, 04:01 PM)
Who are these pre-ipo shareholders? I had anticipated earlier that AAX would perform much better than Astro since all AAX investors bought at the same RM1.25 IPO price c.f. Astro in which employees purchased at special price (lower than RM3 IPO.)

Will the same fate be possible to the upcoming Sona Petroleum and Ranhill IPOs?
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I'm not so sure about it. If I remembered correctly, got some private investors invested in AAX. The cost per share is below rm 1. This happen few years back when AAX is private entity.

This post has been edited by davinz18: Jul 10 2013, 04:20 PM
GloryKnight
post Jul 10 2013, 04:26 PM

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Below rm1 I buy
kailc
post Jul 10 2013, 04:28 PM

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QUOTE(kb2005 @ Jul 10 2013, 02:02 AM)
Hold on! Maybe got show before closing. Don't worry! Tony sure support it.
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Maybe the show is below IPO price !
kb2005
post Jul 10 2013, 04:29 PM

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QUOTE(kailc @ Jul 10 2013, 04:28 PM)
Maybe the show is below IPO price !
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Then Tony will sack stabilizing manager and the whole IPO team. biggrin.gif

This post has been edited by kb2005: Jul 10 2013, 04:29 PM
kailc
post Jul 10 2013, 04:33 PM

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QUOTE(kb2005 @ Jul 10 2013, 02:29 AM)
Then Tony will sack stabilizing manager and the whole IPO team. biggrin.gif
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Like what he said on the Asia Apprentice show, you are fired !
davinz18
post Jul 10 2013, 04:50 PM

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QUOTE(GloryKnight @ Jul 10 2013, 04:26 PM)
Below rm1 I buy
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me too drool.gif rclxms.gif
kucingfight
post Jul 10 2013, 04:53 PM

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AAX, airline industry, it's not everyone's cup of tea. i had expected it to move downwards below IPO price. will enter when price is right
davinz18
post Jul 10 2013, 04:54 PM

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Woh! Already at IPO price of 1.25 biggrin.gif
zitis
post Jul 10 2013, 04:55 PM

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QUOTE(adrian0229 @ Jul 10 2013, 03:51 PM)
feel like vomit becoz of this price...
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I had that feeling before... With assthrow.
fiqir
post Jul 10 2013, 04:56 PM

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today closed 1.25 i guess.
fromhell13
post Jul 10 2013, 04:56 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.
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point no 3 is not true. ASTRO employees get their share same price like public. *Astro employee here* mad.gif Bosses yang paling pening kepala sebab lot offer besar and semua buat loan from bank. I heard ASTRO ipo tu ada some VVIP yang dapat saham for free.



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