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mysticalangel
20-10-2004, 02:57 PM
It is okay to buy Air Asia's IPO????

KH EE
20-10-2004, 03:02 PM
go for it. the shares will definitely FLY - now anyone can buy it! :D

mysticalangel
20-10-2004, 03:26 PM
Kh Ee, sure ah? Can't get my remisier-his line engage *argghh* If it really flies TT on me....:p

KH EE
20-10-2004, 03:38 PM
hey relax. the ipo offer closes on 27/10/04 & price will be about rm1.40 a share to be determined on 28/10/04. read here http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_81faf30 a-cb73c03a-18e609b0-f30a25ba

so u hv till 27/10 (wed) to submit ur forms.

mysticalangel
20-10-2004, 03:40 PM
I know lah but wait too long I dont have that much $$ to pump in already.

mackzulkifli
20-10-2004, 07:49 PM
Key indications will see that the institutional buying on this IPO will be heavy, and Air Asia has strong fundamentals that pleases analysts. It will no doubt be heavily oversubscribed. Here's the clincher, Tony will be giving it a lot of publicity, a talented PR man that he is, no doubt also influencing the retail chinese investors who are a force to be reckoned with when the share is listed. The ones that miss out on the IPO (heavy oversubscription means a lot will) would want to buy early and demand will give a high premium to those who managed to ontain at IPO. It will continue to go up quick till stabilizing at a certain point, no doubt much higher than actual value. When the frenzy tapers off, expect a correction. When and at how much is anybody's guess. I would urge prudency. The IPO however is a good bet. I built a strong value enhanced portfolios with close to two thirds of held stocks obtained at IPO. It mitigates my more brazen trading.

orchipalar
20-10-2004, 08:48 PM
Err..it boils down to elementary..ahem..cpo is hitting record high..they are now talking about >USD 55/-- per barrel...Orchi dumped every major airlines n shippings shares...ahem...especially MAS...why on earth should Orchi reinvest it on AirAsia IPO? :p

mackzulkifli
20-10-2004, 08:58 PM
Orchi has a point. Bravo. I think I need to go find out if these airlines have contracted the purchase of fuel to mitigate fluctuations in crude pricing. I know some fuel buyers who lock on to prices in lieu of long term supply in order to stabilise operating cost. Can anybody share that information?

orchipalar
20-10-2004, 09:16 PM
go for it. the shares will definitely FLY - now anyone can buy it! :D

Err...on the contrary...the value of the shares would NOT FLY...except IF you wanna fold it ALL into paperplanes...then you can try to throw it as hard as you can....to see how far it would fly....ahem....think carefully before you get to be a sucker! :rolleyes:

Cindy Kee
20-10-2004, 09:19 PM
Since when did any counter in the KLSE ever follow the actual and real economic environments? They are all sentiment driven. The wise man (or woman) was the one who bought 100,000 'lots' of Maybank at RM2.67 after the 1997 crash.

:cool:

orchipalar
20-10-2004, 11:39 PM
Err...Cindy :) ...might you be one of the men...who made the right choice of investing in those MBB shares back in 1997?....next round of TT session on you..oko? :D

pcyeoh
21-10-2004, 12:21 AM
And Orchi, why on earth you must pay CPO at USD 55.00 per barrel? CPO is sold per metric tonne. If I were to tell you that you have got your product wrong, would you buy back all those MAS shares that you have dumped. CPO is Crude Palm Oil. Those oil that your MAS planes are using is known plainly as kerosene which is some kind of an aerofuel refined from the crude oil which is selling at USD 55.00 per barrel.

mackzulkifli
21-10-2004, 04:59 AM
LOL :D .

You guys don't give an inch.

Quarterback
21-10-2004, 08:59 AM
AirAsia plans to fly to Down Under lar...may get a cheap fare in the future!

Can fly to Perth for AUSD 1.00 perhaps? or Melbourne at AUSD 1.50? hehe..

AirAsia Share pE Valuation at 18 + times. KLSE currently at 15+ times.

AirAsia have had secured oil contracts at below USD 40 for up to second half of next yr way back. Unless the oil persist into second of next yr, it will not affect much on the share.

However, if AirAsia are able to fly to China (Hainan or kunming), then should be good news for their share buyer lar.

orchipalar
21-10-2004, 09:54 AM
Err...guys :) ..Orchi isn't any market analyst..n Orchi may have been miscalculating certain figures here....now tell Orchi one freaking thing...why would AirAsia wanna raise that much capital?....heard they need a big portion of it to pay off 'debts'...n rest isn't gonna be used to improve its assets potfolio(sp?)...n please tell Orchi IF Orchi is wrong also here...AirAsia does NOT even own a freaking Fokker plane..otherthan some fokkers they may have on the list of borrowed equipment...every darn thingy(s) are outsourced!...what others do they have for assets...flight attendants?

Ahem...a clever gentleman in here has put it amply..the main fokker is a PR man...go figure what he is capable of next...when politics are piloting the company...n you got politicians riding on its tail ends. :D

mysticalangel
21-10-2004, 09:58 AM
Anyways, spoke to some long time market analyst from Bursa Malaysia at a buka puasa thingy last night, their advise to me as a small time investor is can get Air Asia but small units only.

orchipalar
21-10-2004, 10:04 AM
Thai AirAsia Q2 loss widens on fuel cost

THAI AirAsia Co Ltd, a budget carrier set up by Thailand's Shin Corp and Malaysia's AirAsia Bhd, said its loss widened in the second quarter as the price of aviation fuel surged.

Its net loss increased to 106mil baht in the three months to June 30, compared with a 30.4mil baht loss in the first quarter, the airline said in documents presented to investors whom it met to discuss earnings.

The price of jet fuel, which typically makes up about a fifth of airlines' costs, has risen 37% this year.

Airlines globally may lose as much as US$6bil this year if fuel prices stay at record highs, according to the International Air Transport Association.

“The unexpected rise in the cost of jet fuel hurt our earnings, even though the number of passengers was much higher than in the first quarter,'' chief executive Tassapon Bijleveld said at the investors' meeting in Bangkok.

Thai Airways International Pcl, the nation's biggest carrier, yesterday reported an unexpected loss of 836.3mil baht in the three months ended June 30, partly because of higher fuel costs.

Singapore jet kerosene prices closed at US$52.53 a barrel on Monday, according to oil-pricing service Platts.

Tassapon said the airline planned to raise fares this quarter to cover rising fuel costs and prevent further losses. He didn't elaborate.

The company also scrapped flights between Bangkok and Nakhon Ratchsima, 260km northeast of Bangkok, because of insufficient passenger demand and the loss.

In May, Tassapon said he expected the airline, which started flights in February, to make a full-year profit.

Thai AirAsia cut its ticket prices in the second quarter to compete for customers with other discount airlines such as Valuair Ltd, Orient Thai Co and Nok Air, a unit of Thai Airways International Pcl. Higher maintenance and aircraft overhaul costs also hurt second-quarter earnings.

The carrier will add three new planes this year to its fleet of four. In the third quarter, it will increase the number of flights to three domestic provinces by 14 a week and double the number of flights to Macau to two a day from one.

Daily flights to Singapore would also be raised to three from two, Tassapon said. – Bloomberg

http://rds.yahoo.com/S=2766679/K=AirAsia+assets+portfolio/v=2/SID=e/TID=F396_130/l=WS5/R=2/SIG=18746rtvc/*-http%3A//216.109.117.135/search/cache?p=AirAsia+assets+portfolio&ei=UTF-8&fl=0&u=article.wn.com/link/WNAT9CDD6C598253EB7C20AD78DAACC4511B%3Fsource%3Dte mplategenerator%26template%3Dthailanddaily/stories.txt&w=airasia+assets+portfolio&d=7B92C0221D&icp=1&.intl=us

Err...what's up Doc!...so when it is not making money between HOT HOT destinations like Bang kok...ahem...how do u supposed rising fuel isn't the key factor?....n now these guys are still talking about flying to China?....hehehe...who the heck wanna sell cheaper fuel to low budget airlines like AirAsia?....sultan of brooo nei? :D

mlin
21-10-2004, 11:10 AM
not sure if any of u are aware but u can also apply ipo thru atm machine (for example maybank) and u can check ur account online whether the application is successful or not a day after the balloting.

euro_usj
21-10-2004, 01:47 PM
"....Air Asia has strong fundamentals...." quote an earlier post.

AirAsia=TonyF, TonyF=AirAsia, that's how strong the fundamental is at this point. Never in my opinion an orgn so much dependent on One Character is a "long term" orgn. Another Privately run Public Company in the making?

Quarterback
21-10-2004, 02:13 PM
Err..it boils down to elementary..ahem..cpo is hitting record high..they are now talking about >USD 55/-- per barrel...Orchi dumped every major airlines n shippings shares...ahem...especially MAS...why on earth should Orchi reinvest it on AirAsia IPO?
by OrchiPalar
--------------------------------------------------------------------------

Somehow I agree that you should not buy into Airlines shares.

If you are to look into every statistic/analyst, Airlines hardly makes any profit.
US Airlines are getting into bankruptcy one by one.

Oil cost a lots these days. I really doubt AA will stay profitable for long time.

If you look at AA, the only reasons AA make profit is because they are able to undercut MAS and fly direct to certain destination like tawau, sandakan in sabah instead of kl-kk-sandakan/tawau using MAS.

And again AA make money only in Malaysia. Other place, they are losing money like hell. Couple with many many low cost start ups, I do not foresee they will be up and flying for too long.

Lastly, Malaysia and Singapore have agreement for open sky by 2008. I think you understand what this will impact AA.

Sincerely, I really think in short term it's ok. Long term, may be tougher.

Cindy Kee
21-10-2004, 06:41 PM
Err...Cindy :) ...might you be one of the men...who made the right choice of investing in those MBB shares back in 1997?....next round of TT session on you..oko? :D

Err.... Orchipalar. So now I am a man, am I? And to think of all the nice compliments you have paid me in your posts all over the forum. I really have no idea you are that way inclined.

:)

Typhoon
22-10-2004, 01:59 PM
:cool:
Dear all,

May I advise that you look at the prospectus and read it carefully. Especially the RISKS. These are actually happening as we speak and is not at all something that may happen! IT IS HAPPENING NOW.

Thai operations is loosing money and AA's costs are soaring especially the staff salaries as Tony started paying people nothing when he started so this has come back to haunt him. Staff are unhappy.

Indonesian operations will lose lots of money and have a huge CAPEX.

Top management engineers QA (quality assurance) have resigned weeks before IPO and joined Berjaya Air. These were top engineering staff. Why? I don't believe these guys were stupid and if there was money to be made then why not stay and leave with cash in hand?

Jet Kerosene prices are at all time highs and the price is linked to crude oil prices which in turn is linked to global energy requirements. Currently China & India which are not oil producing nations are in a manufacturing boom requiring huge energy requirments and therefore oil. It then stands to reason that as long as they grow oil prices will be high. AIRASIA HAS ONLY HEDGED VIA FUEL SWAPS TO JUNE 2005.

AirAsia is really a virtual airline. THEIR ASSETS CONSIST OF 4 OLD BOEING 737-300'S AND A HANGAR. Their future earnings are based on PREDICTED FUTURE SALES. This inturn is predicted on predicted future growth.

Currently there is a world wide shortage of pilots and engineers. Yet at airasia the pilots and engineers are leaving for better conditions and pay some are even going to MAS.

Tony is a great salesman yes its true and the company is based on him as he is really the brand. If something happens to him what happens to your shares?

Salesmen are sales men. Do all of you trust salesmen!!!!!

The institutional investers are very shy of this stock and it is at about RM 1.20 at the moment and falling like a stone. This stock is at a issue price of Rm 0.10 sen selling at Rm 1.40. If compared to MAS of Rm 1.00 issue then you are talking buying at Rm 14.00 This is way too high. I think that airasia shares are worth Rm 0.70sen

One of the top guys from Tune Air the company that bought airasia from DRB Hicom left in March. It is my understanding that he was the main operational brain and set the operations up inclusive of the 25 minute turn arounds and bought all the ground equipment and built the hangar. Why did he leave? Sources reveal he didn't trust T.F and stopped believing the stories. Maybe he did not want his reputation linked.

Yes airasia has debt, needs new planes and has tangible competition in Nok, tiger, Value, lion and all the premium airlines in the region. This will become a virtual airline with very real debts.

The low cost model LCC is like a virus opening up bases that interlink at 3-4 hour radius of action and do cause harm to travel agents due to internet sales killing comissions and to premium airlines with regard to their core businesses. this growing the market can be done by premium airlines that set up seperate cost centres and exploite the economies of scale and scope that they already posess. They will not lose money if they follow this basic formula. These companies already understand the implicatations to their businesses and will team up to curtail airasia's growth.

Well that is my short view. There is so much more, but I do not believe in this IPO and I think many many more agree.

Typhoon. :rolleyes:

JoeJaffar
22-10-2004, 02:19 PM
any IPO has its risks and returns. the price after closing of IPO can go up and also down, read the prospectus and study the company properly. valid for any IPO, airasia or otherwise. to everyone his/her own.

btw, mas is also a 'virtual' airline, if i may borrow your term, typhoon. it's an O&M company, leasing the planes from the government. whether they've proceed with the plans to sell the training and admin buildings in kelana jaya and subang airport, i wouldn't know.

hockchai
22-10-2004, 03:50 PM
Where i can obtain order form to buy air asia's IPO stock ? hehe.. coz i never bought it b4 .. anybody can be my guru ?? .. ;)

mysticalangel
22-10-2004, 04:06 PM
Hockchai, the details comes with Wednesday's Star,its prospectus & all. I have a copy, can check out for you.

mlin
22-10-2004, 04:34 PM
if u have a cds account, apply thru atm machine-lah...no hassle at all.

orchipalar
22-10-2004, 07:48 PM
Err.... Orchipalar. So now I am a man, am I?... :)

Err...Cindy :) ...Orchi has not referred you as a man...coz Orchi believes you are a woman....sorry for any confusion arised....everybody makes mistakes....n Orchi shouldn't be exempted to that.... :)

Typhoon
24-10-2004, 04:25 AM
;) Dear Joe,

MAS was always profitable UNTIL TAJUDDIN RAMLI.

Due to massive losses and the buy back of his shares at a questionable high price MAS the jewel of a country was left in a total state of ill health.

This required a massive asset unbundling exercise to lift the huge debt that was sinking the company into liquidation.

With regard to the aircraft MAS in essential worked a cashless transaction by transfering its aircraft assets to PNB who inturn absorbed the debt. The value of the aircraft did approximate the debt. This in turn unburdened MAS through off balance sheet lease agreements with PNB which relieved MAS and now contributed the interest payable on the debt of which became the assets of PNB. The stratergy did work as MAS is making headway presently.

Off questions regarding the management in MAS and the treatment of staff. Well I do think that this sucks and MAS staff across the board have every reason to be angry.

Now back to MAS, this company has stacks of assets from engineering hangars to toolings and spares, simulators, training centres, offices and land. MAS owns these. With regard to selling the assets, this is not done at the whim of an individual. It requires board approval and Government approval. And, I believe the Government is very protective and smart when it comes to assets they own and do not let them go without reasonable returns. With regard to the part sale of the simulator complex there is an equity share with MAS in the offing.

With regard to airasia on the other hand, they have nothing. Look at the prospectus for confirmation. They own 4 very old 737-300's and a pile of the oldest computers in Malaysia as openskies can work albeit slowly with these machines. They own a hangar built at about RM 2.0 million and thats it. No real tangible contracts in hand and some sector loads supplimented by ATM passengers.

With regard to Indonesia and China expansion plans. I do not think the encumbant airlines in these countries will just give up without a fight. What we will see is a lot more of Thai airasia which is posting ever growing losses due to ineficiencies and tough internal competition. Regional flights will also face more of the same.

Typhoon.

mackzulkifli
24-10-2004, 09:27 AM
Typhoon makes a fair comment. Under Dato' Kamaruddin, the national carrier was posting fair profits. To also be fair, Bernard Thomazios, then S.Director Operations were unloading DC10's, getting cash for them while replacing them with 747's which were obtained with loans. This was at a time when the Madras sector and Narita/Honolulu/Los Angeles run was making very high yields and the Dubai/London runs were topping the load factor with an average of 80 percent. TR came in and started to use a different financial model. The first non-career airline chief executive in MAS, he made fatal errors and politicking internally made his choice of executives a feeble lot.

Air Asia on the other hand, has a different business model than MAS. Where MAS offers service, they offer transportation. They keep OPex low to keep their pricing cheap and CAPex to a bare minimum to churn in a better ROI.

It is true that businesses like this are risky investments, keeping OPex low means huge pressures on staff, lower pay, just barely good enough equipment and tough working regime.

Long term, hard to say. Tony is the key man. I think he is going for the money here and then, well, only Tony knows.

If he's going for a kill on the IPO, I am jumping on his coat tails.

cskok8
24-10-2004, 05:14 PM
Beg your pardon, MAS has a long tradition of losing money. If you look back at their financial reports, their operating income is always negative. Then they will sell one of their aircraft and lease it back, creating an "extra-ordinary gain" so that they can report a profit.

Typhoon
24-10-2004, 06:30 PM
yes,

Agreed Mac Zul and not agreed Cskok8,

1) Tony cant run the prospectus shows this so short term not a good investment. I think he tried but the SC closed the backdoors.

2) airasia is a pressure cooker set to explode and when it does you know what will hit the fan.

3) I just read the prospectus and it doesn't inspire confidance. Everything is still pending. It makes me wonder what is the hiden agenda except the obvious quick buck. I think they have made a big mistake and underestimate the regulatory body the SC and the stance of the new government re coruption and the quick buck.

4) The risk is just too great so Typhoon will sit on the fence and watch. It will be worth it.

With regard to CS I think you are way off base. But in mitigation MAS has never been hungry for business and so much could have been done to put her in a superb position globally, and the current management is too complacent and lacks vision and corporate drive.

Typhoon

mackzulkifli
24-10-2004, 11:34 PM
Typhoon, good views. I am hoping Ahmad Fuad would turn some things around. He is a competent executive whom was VP of MAS for North America, the most competitive air traffic environment in the world. He brings vast experience both operationally and in management sense. One man can't change a company. He can only change the culture, which ultimately veers the company to the direction he is heading.

orchipalar
25-10-2004, 12:47 AM
"AirAsia posted a net profit of RM18.80 million in the financial year (FY) ended June 30, 2003 and RM47.10 million in FY2004.

Two other research reports placed AirAsia’s FY2005 earnings at RM143.30 million and RM160 million.

AirAsia’s public offer consists of 700.51 million 10 sen shares, out of which 116.75 million shares have been allocated for the public and 560.41 million shares for placements to local and foreign institutional investors.

Analysts believed the IPO would be priced at about RM1.50 per share. They placed AirAsia’s market capitalisation at between RM2.37 billion and RM4.30 billion."

http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_81faf30 a-cb73c03a-18e609b0-f30a25ba

Err...should profit earnings figures are 'accurate'...the charming PR man n existing shareholders...would be smiling their ways to the banks....why are they offering their RM0.10 sens value per share....to the public for this here IPO exercise?....err....ahem....n they are asking for RM1.50 per share? :rolleyes:

Typhoon
25-10-2004, 11:44 AM
Right on Orchi,

You do see the picture. The pre dilution shares were par value at Rm 1.00 then Tony and gang diluted the shares to Rm 0.10 thus increasing the total quantity of shares without putting in any money. They then allocated some of the newly created shares for sale to raise funds but kept sufficient shares to give them control of the company. This is a very very simplified discription.

So, based on the initial shares of Rm 1.00 parvalue Tony is trying to now sell the shares at Rm 15.10 to institutional investors and Rm 14.00 to the staff and the public. This is in my opinion the best way to look at the value.

Well this to me does not gel and well that is the reason I do not want to buy as I cannot see the shares going up that high given the current cost of jet kero and the fact that the contracts as stated in the prospectus with the Indon company and china are not signed as stated in the prospectus.

Indonesia and China have many airlines operating within their respective countries. These airlines are very well run some much better than airasia and they will compete for the business very strongly against airasia, as airasia will be a foreign entity within their domain. This is currently being observed in Thailand where the Thai people are flying with their own airlines rather than airasia. In Indon well Lion Air will definatly take up the challenge and go for the foreigner which is airasia.

My basic outlook with regard to airasia's growth is that within Malaysia there was no competition from day one and AA grew unchecked. MAS did not react early and by the time MAS did it waqs too late and AA had grown sufficiently to command a stance with the government. Tony is using this to drive his forcast sales for the next 3 years. This is in my opinion bull dust.

Regionally, it is a different story. Take Bangkok Airways, they have positioned themselves as a boutique airline and are the Jet Blue of Asia they are not the least bit worried about AA in Thailand and their fares and loads have not changed. The other airlines like Tiger and Jetstar Asia have the might of SIA and Qantas behind them. Whats to stop Tiger or Jetstar from putting 120 passengers on a 747 to Bangkok for free if the seats are available and not flying their A320 thus keeping their costs very low. There is no incremental cost to the parent ie. SQ/QF. This is what we will soon see.

In a previous post someone mentioned that the workforce would suffer and that cost control would take its toll. I think this is very true and that the workforce at airasia is burnt out and unhappy. That is the reason for the massive salary increases in the prospectus. Tony is trying to buy them off, but a tired horse is a tired horse thus his army is at a disadvantage for another long and hard fight.

It is the people on the line that will make AA successful and well the good ones are leaving this will be the downfall of AA and Tony, they will not believe him and he will run out of carrots to lure them. ;)

orchipalar
25-10-2004, 12:00 PM
Err...ahem...might there be any consolation into this AA IPO thingy....should Tony Fernandes...err..be closely related to Orchi's master...ahem...the Late Mr. O. E. Fernandes...Orchi would have to wait a little while longer...err..before calling own remiser(sp?)...to buy in 1000 shares of AA...that's the least Orchi can do in appreciation to Orchi's master's great lifetime contributions to education... :)

Err...ahem...quite likely...weeks down the road...Orchi would be buying the only lot for much much less value.... :o

fatalshak
26-10-2004, 12:06 PM
Hi All,

Has anyone been successful using ESA either thru ATM or Internet Banking? I have been using OCBC ESA but has never been successful.

KelvC
26-10-2004, 12:55 PM
Fatalshak,

I've tried the ESA many times but to no avail. Finally came to the conclusion ESA doesn't work but add to the numbers to the "oversubscribe" :(

Anyone else actually got it thru ESA? By the way, mine is through Maybank "Kawanku", sigh.

mlin
26-10-2004, 01:29 PM
esa works. i got my samudra and klccp thru esa-mah!

fatalshak
26-10-2004, 01:34 PM
Hi mlin,

What's your success rate? Do you subscribe early or late?

mlin
26-10-2004, 01:47 PM
anytime, sometime a day before the closing date.

fatalshak
26-10-2004, 02:36 PM
Hi mlin,

Which bank?

mlin
26-10-2004, 02:51 PM
maybank...u can refer to my earlier post.

fatalshak
26-10-2004, 04:44 PM
I put in my subscription .. keeping my fingers crossed ... hoping I can fly!

huangaun
26-10-2004, 06:33 PM
Steps to apply for IPO using MAYBANK's Electronic Share Application facility.

1 Insert Maybank ATM card into any Maybank ATM machine.
2 Enter your PIN number.
3 Select " Other Transaction ".
4 Select " Payment ".
5 Select " Share Application ".
6 Select " Electronic Share Application ".
7 Answer to Question on the screen - Choose " YES ".
8 Answer to Question on the screen - Choose " YES ".
9 Answer to Question on the screen - Choose " YES ".
10 Select " Chinese ".
11 Enter your 15 Digits CDS Number _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.
12 Check CDS No. ---- Enter " YES " if correct.
(If there is a mistake, enter " NO " and go back to key in the CDS No. again.)
13 A list of IPOs from MIH and MIDF (if any) will appear on the screen.
14 Select the IPO that you want to buy.
(use Arrow keys on the left )
15 Enter the number of units _ _ _ _ _ you want to buy.
16 Check the particulars next appeared on the screen.
17 If correct, Enter " YES " .
18 Wait for a slip to be printed from the ATM machine.
Keep the acknowledgment slip for your record.
19 Enter " YES " if you want to proceed with another transaction.
20 You may buy another counter/share issue by repeating the above steps.
21 Otherwise, Enter " No " to take out the ATM Card.


Guide from my Kenanga guru - Mr. Khoo.
He is great man.... :p

orchipalar
26-10-2004, 07:14 PM
Err...thanks HuangAun :) ...wah very details illustration on how the Maybank ATM thingy actually works... :)

Err...it sure would come in handy for those going hot over heals for AA IPO... :)

mysticalangel
27-10-2004, 09:00 AM
Anyone have any idea for jobstreet IPO? Pls advise

aghazali
27-10-2004, 04:51 PM
dun think it's a good bargain...
better wait for Titan Polymer & Petrochemicals IPO or Bursa Malaysia Berhad's IPO next year....cheers...

Typhoon
30-10-2004, 10:20 AM
;) AirAsia closed at RM 1.25.

Not a good sign. Buyer Beware!! :eek:

orchipalar
30-10-2004, 10:26 AM
Err...eeeehhh...chep! chep! chep!...ahem...What's Up Doc?...err...AA IPO is cheaper now?...hehehe...gotta wait...it has not hit rock bottom yet... :o

uchangeng
30-10-2004, 11:29 AM
being the 1st low fare airline in Malaysia and in fact in SEA., AA is a good buy. but, like someone say here, why come so late, no money to pump in already!

fonnster
01-11-2004, 02:43 PM
I need Air Asia IPO prospectus for my school's project. Could anyone here help me? Is it posted online somewhere? Anyone doesn't need it anymore?

clfoo
01-11-2004, 03:42 PM
To Fonnster,

http://announcements.bursamalaysia.com/linkwebmainpage.nsf/lca.htm

fonnster
01-11-2004, 06:37 PM
Thank you much!

Sato
01-11-2004, 08:38 PM
Err...eeeehhh...chep! chep! chep!...ahem...What's Up Doc?...err...AA IPO is cheaper now?...hehehe...gotta wait...it has not hit rock bottom yet... :o

Err...Orchi, most uncle & aunty will jump on the wagon when they heard a lot of good publicity about AA. Once the share price sank, now you can see all the uncle & aunty dump the AA share faster than anyone else, the technical theory of trading tell us that you should "buy low and sell high", strange most of them end up in the opposite direction. To me there's no big deal whether whether you manage to get this IPO or you fail to get one. If you look at the current mentality of most malaysian trader, we will not be able to see another bull run in ten years time, so those expecting the AA to make big buck should stop dreaming. Its already pass some many year when is our stock market going to hit our previous high record again I wonder!!!

achee
02-11-2004, 08:45 AM
RM1.16 retail purchase
RM1.25 corporate

I was offered to purchase by a fund manager at a discount even before the closing date last week.

In due event, I was skeptical.

fatalshak
02-11-2004, 10:37 AM
Hi mlin,

See again my ESA with OCBC was not successful. Has anyone been successful using ESA with any banks except for MayBank?

aghazali
02-11-2004, 11:53 AM
fatalshak,
why still use ESA other than Maybank when u can't get it? I've started use ESA(using Maybank) during Astro's IPO August last year, luckily i got it, after that, i got two more IPOs- Lebar Daun and Dreamgate. :cool:

orchipalar
05-11-2004, 08:26 AM
Err...MysticalAngel :) ...how is AA IPO doing this week?... :confused:

fatalshak
18-11-2004, 03:17 PM
fatalshak,
why still use ESA other than Maybank when u can't get it? I've started use ESA(using Maybank) during Astro's IPO August last year, luckily i got it, after that, i got two more IPOs- Lebar Daun and Dreamgate. :cool:

Wah got Lebar Daun, goreng goreng

mysticalangel
18-11-2004, 03:23 PM
Err...MysticalAngel :) ...how is AA IPO doing this week?... :confused:

Uncle Orchi, no idea lah my remisier on leave lah he's on holiday in US.

xfile007
20-11-2004, 10:16 AM
Hi all,

For those who've got AirAsia, I wonder what the retail price you've paid, isn't RM1.4 or RM1.16 per share?

If it is RM1.16, wonder whether you've got your refund.

Thanks.

kwchang
21-11-2004, 12:43 AM
It is RM1.1625 (retail price - I guess this is the public offer price)
and RM1.25 (institutional price)

fatalshak
22-11-2004, 04:29 PM
OPened at 1.25 (premium of 0.09) not too impressive .. now trading at 1.39 .. must pick up some ... undervalued

Ski
23-11-2004, 06:15 PM
Hi
Most active share today went up by only 10cents to RM 1.50.

fatalshak
24-11-2004, 12:52 PM
HIya, too late already .. always at the back of the line .. :mad:

islandhopper
29-11-2004, 01:55 PM
HI there!!! I am an American dude and am now getting involved in the Malaysian stock market, anyone want to share ideas, tips, or in the financial field, give me a shout, I used to be a banker on wall street and learning the market here... Anyone playing the jobstreet IPO? By the way I live in Malaysia...

mysticalangel
29-11-2004, 02:55 PM
Hi all,

For those who've got AirAsia, I wonder what the retail price you've paid, isn't RM1.4 or RM1.16 per share?

If it is RM1.16, wonder whether you've got your refund.

Thanks.

I got the refund on Friday.

xfile007
29-11-2004, 06:27 PM
Thanks for the information.

Yeap, I got mine last Wednesday.

fatalshak
07-03-2005, 04:27 PM
fatalshak,
why still use ESA other than Maybank when u can't get it? I've started use ESA(using Maybank) during Astro's IPO August last year, luckily i got it, after that, i got two more IPOs- Lebar Daun and Dreamgate. :cool:

Wah, I think some bank got priority for ESA :D