i think maybank will run out of bullet soon as the stabilizing manager.

Its bullets are limited. When there are no bullets left, its role would automatically end.

Lets play Russian Roulette ..... he he ...

Looks like Maybank IB as the stabilizing manager trying to support the price at 1.25

This is their job for the next 3 weeks.

Hope their bullets finish faster, so price can go lower

I have had the same thought this morning seeing boring activities of buying 1.25 and selling 1.26.

Don't lah! I still hold 30% of it.

feel lik wan to sell it rather than wait to sink lik mas >.<

Better sell faster before the stabilizing period ended. After that unlimited free fall

Maybank Investment Bank Berhad ("Maybank IB"), as the stabilising manager, has purchased the following Shares:

Date of purchase : 16 July 2013

Number of shares purchased : 6,014,300 Shares

Price of purchases : RM1.25 per Share

How much total shares has Maybank bought so far as of today?

26,264,300 shares as today July 16 2013

Ah long way more to go.

They're quota is either 30 days or 118,500,000 shares so can hold until either quota runs out or 30 days expiry. Maybe price will pick up in the mean time just like TuneIns

They already used quite some of that quota already. Doesn't look well for AAX

i think many retailers are also forgetting aax by now. never caused any excitement since ipo day.

The 30 days/ 118,500,000 shares quota, where do we find the source for this data ya?

No excitement...

I'm not sure where he got the 118.5 mil shares quota but for the 30 days its normally done by the underwriter to stabilise the share prices. The 118.5mil should be inside the prospectus as well?

Its actually 30 days OR 118.518 mil shares -representing up to 15% of the total number of shares offered under the IPO.

http://www.thestar.com.my/Business/Busines...Asia-X-IPO.aspx