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Air Asia X : IPO, Air Asia X
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bobmali
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Jun 18 2013, 11:31 AM
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Getting Started

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QUOTE(kb2005 @ Jun 18 2013, 11:06 AM) Are you the customer of AAX for the last 24months ? They will send you a SMS on how to apply. My wife got 1 yesterday, but she was not keen to apply. As for me, I am not entitled for the blue form and will only decide on the 19th whether to join the public IPO or not. This post has been edited by bobmali: Jun 18 2013, 11:32 AM
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bobmali
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Jun 18 2013, 03:30 PM
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Getting Started

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QUOTE(minshome @ Jun 18 2013, 01:19 PM) i read BIG member newsletter, is a BIGshot or AAX Customer to apply via the Blue form This what was written on AAX website Attention BIG Shot! "Since you have flown with AirAsia X in the past 24 months, you qualify for a Blue Form to participate in the AirAsia X IPO share allocation. 50 million of AirAsia X IPO shares have been allocated specially for AirAsia X guests who have flown with AirAsia X over the past 24 months prior to 10 June 2013 and who are also a BIG Shot. Blue Form applications are open to only those who are deemed to be Malaysian public individuals. Not a BIG Shot yet? Sign up NOW!" From my understanding you must have travel using AAX in the past 24mths and a BIG member to get the blue form. If not a member, you must register to be one before entitle for it. I did read the SMS AAX send to my wife with regards to the blue form. It just ask to go to their website for details. But so far, I still confuse how to apply for the blue form using my wife BIG account.
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bobmali
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Jun 18 2013, 04:43 PM
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Getting Started

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QUOTE(wisillichok @ Jun 18 2013, 03:39 PM) Get the blue form from your Remiser. Fill up and drop at MIH. of course u need a bank draft and valid CDS account. All d best Which means cannot apply online. Have to go through the manual application process!
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bobmali
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Jun 25 2013, 12:31 PM
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Getting Started

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MB2U applicants may have to wait until tonite for the result!
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bobmali
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Jun 25 2013, 02:06 PM
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Getting Started

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QUOTE(Tortise @ Jun 25 2013, 01:43 PM) this is my first time apply ipo, will the price drop lot the first day? thanks for advise in advance  It will go either way!
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bobmali
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Jul 17 2013, 02:34 PM
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Getting Started

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QUOTE(kb2005 @ Jul 17 2013, 01:38 PM) What do you think they should price it ? 50cents ? Wow! That low!!! Don't think so la..Maybe Sifu here can suggest the reasonable price for AAX.
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bobmali
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Jul 18 2013, 09:02 AM
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Getting Started

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QUOTE(kb2005 @ Jul 18 2013, 08:59 AM) This is a very good point. I don't think Maybank will let AAX to slump. Else they will be making huge loss! But can Maybank alone compete with the rest who want to sell?
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bobmali
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Jul 18 2013, 09:19 AM
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Getting Started

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QUOTE(fiqir @ Jul 18 2013, 09:15 AM) astro0 from first day listing already dead. this air asia x quite ok if compare with astr0 (super fail) Astro do not have stabilizing manager. Imagine what will happen to AAX without Maybank interference. I guess will be going to a similar path like Astro.
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bobmali
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Jul 18 2013, 11:31 AM
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Getting Started

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QUOTE(Darkmage12 @ Jul 18 2013, 10:35 AM) I guess some people now felt that they got cheated so time to offload They get scared. Even scarier when the stabilizing manager fund all use up or the 30 days lapse.
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bobmali
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Jul 18 2013, 12:36 PM
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Getting Started

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QUOTE(azlan88 @ Jul 18 2013, 12:26 PM) Astro has been let to free fall by their stabilizing manager. LOL Don't think Maybank is so kind to support beyond their responsibility. But they will hold the shares they bought until the price has reached certain target price. Astro's stabilizing manager is Ananda Krishna  . that's why he opt for free fall. so later he can buy back.
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bobmali
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Jul 19 2013, 03:32 PM
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Getting Started

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QUOTE(cckiong @ Jul 19 2013, 12:09 PM) watching this airasia x is really like no show. already 1 week still 1.25-1.26. $0.01 difference. boring Still in the hanger....waiting to take off
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bobmali
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Jul 24 2013, 08:53 AM
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Getting Started

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That's it. I am offloading mine today. Tired of waiting for the plane to get out from hanger.
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bobmali
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Jul 25 2013, 03:26 PM
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Getting Started

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QUOTE(fiqir @ Jul 25 2013, 03:14 PM) u can buy @ 1.25 already. care > now @ 1.24 Maybank is running away!!!
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bobmali
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Aug 2 2013, 11:29 AM
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Getting Started

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Maybe due to this....
MIDF Research maintains "Buy" call on AirAsia X KUALA LUMPUR: MIDF Research recommends buying AirAsia X Bhd (AAX) with a target price of RM1.70 based on its high growth profile over the next few years.
It said AAX holds the record for the lowest unit cost operating airline and by leveraging on AirAsia brand couple with its vital short haul feed-in networks, AAX’s growth will accelerate within the next three years as its current capacity doubles.
“With new demand expected to be generated from lower fare base and increasing LCC penetration rate in regional markets, AAX is expected to achieve double digit growth in the topline over the next three years,” it said.
It added AAX’s main profit booster lies in the broad range ancillary products as it offers among others, seat option, baggage fee, in-flight sales and transfer flight fee.
“AAX collected an average ancillary fee of RM142 per pax in financial year 2012 and nearly one-fifth of revenue source is derived directly from the ancillary income.
“Moving forward, AAX plans to enhance its ancillary income by rolling out in-flight Wi-Fi service and premium coffee,” it said.
MIDF noted AAX plans to take seven A330-300s each in 2013 to 2014 and another five in 2015.
“By the year of 2017, AAX will run 33 aircrafts, as compared to current fleet of 12.
“In order to retain its early-mover advantages, the new deliveries will either be utilised to increase the existing route frequencies or opening of new destinations, particularly in Australia and North Asia countries,” it said.
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