The “happy family” laughing all the way to the … . From left: Datuk Seri Nazir Razak, the CEO of CIMB Bank, Datuk Kamarudin Meranun of AA X, Tan Sri Rafidah chairman of AAX, En Azran Osman-Rani of AAX and Tan Sri Tony Fernandes
36 thoughts on ““Now Everyone Can Buy AirAsia X shares 10 times above its par value of RM0.15””
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Now Everyone Can Be Cheated Too! HOW COULD AIRASIA X SHARE BE WORTH RM1.45 AFTER A SPAN A FEW YEARS WHEN IT WAS MAKING LOSSES OF RM80 MILLION THEN. I WOULDN’T WASTE A SINGLE SEN TO TOUCH THAT BULL SHIT SHARE.
PUBLIC MUST STAY CLEAR FROM THIS IPO UNLESS YOU WANT TROUBLE. LET NAZIR OF CIMB TO FACE THE MUSIC.
Mr Wee and hopefully your Datukship is on the way! I got some pink forms but even my banker refused to give me a loan to buy those below par shares. Too old to invest @ 70 and that was exactly the banker’s answer! I am not Ali Baba so the deal is off!
investing public please read the dividend policy stated in the air asia x prospectus before investing in air asia x. To summarised they probably do not consider paying dividend to the shareholder as important, come what may, as had been a practice in air asia . Investor can only hope to get appreciation of share value (i.e if it ever occurs). Think before you buy air asia x share.. As for me, thank but no thanks even if Tony offer me RM0.15. You cannot be a fool all the time, and as a matter of principle, the way air asia x is being created and now being marketed to investing public as a creame de le creame shares by their advisors, bankers, shareholders and all interested parties,is just not right. Please! EPF, TABUNG HAJI and PNB , dont use my monies to support such a share..
Dino
I can’t agree more with you. We must make sure that EPF, Tabung Haji and the other GLC also stay clear from AirAsia and AirAsia X.
That bloody pariah spins all the time and the Star has been giving the helping hands. Trust me the musical chair will definitely stop sooner than expected. CIMB Nazir will be crying then.
Knowing Tony, we must stay clear from any IPO offered by AirAsia and AirAsia X. Please be forewarned.
Should their AOC is having problem (not unusual for them), the share price will nosedive and so is your investment. Stay away!!
Now Everyone Can Be Conned Again!
Nazir razak was involved in the MAS & AirAsia share SUAP. Now he is involved in the IPO of this FAX or Fly Asian Express Sdn Bhd. This so-called liberal Melayu never learn. YB please do something about this fella Nazir. During the days of Slumberjack, it was the SIL. Now it is this Nazir. Something got to be done about this otherwise Najib will be dragged down by his brother Nazir.
AAX rm1450 ,can price go to rm1550.rm100 profit?
Ask Tony or Azran and he will tell you it will go up to RM500 profit. It is just a hype. Don’t waste our time on this type of IPO. It is just an rescue plan. The company is in financial trouble. Expansion is just another hype. Like AA expansion to Japan. Now ANA showed AA the door. More to come.
Just look at AA’s track record. It never pay any dividend from day one. What a good company.
Definitely NOTgoing to risk MY money here
Branson of Virgin have washed his hands of Airasia selling his stake in Airasia X valueing A X at only 660 million..haha..
So anyone buying tony IPO valued at 2.2 billion is a fool.
Japan ANA also washing off Tony Fernandes. No profit. Get that. The Japanese cannot make a profit with AirAsia business model.
This is what have been pointed out. It is a ponz.. scheme. AirAsia survive on loans after loans after IPOs.
I wouldn’t touch the share of AirAsia X or AirAsia. The companies are loaded with debts. AirAsia X has no good track record. So please forget about investing in the IPO. Pls list it in Myamar. They must just believe the Red Indian.
Ello,
As I recalled, for a long time, Tony and gang have been planning for AAX IPO exercise. Initially, he was eyeing to float AAX shares overseas. Ding dong, ding dong a few years later…the IPO plan takes off but in Malaysia. I guess the shares tak laku to be listed elsewhere.
The only benefit you will get is one free ticket. After that your investment will be gone.
NOW EVERYONE CAN GET ONE FREE TICKET AND LOOSE AN INVESTMENT.
AAsia, stay regional LCC full stop….AAX…wasting time..money..
Remember, LCCT, LCCT BKI…..KLIA2….public money….in the billions, has KUL or BKI become stronger hubs to justify the RMs spent….
AAX should be closed and routes given back to MH…..
Objective must be to strengthen the 2 hubs for the benefit of Malaysia on both sides of the South China Sea. The multiplier effect on the rest of the economy when it is easier & seemless to travel to, from & through Malaysia unimaginable. Simply put, we’re in the middle of an archipelago with a huge potential.
Throw this prospectus into the bin …… prospects dim for the rest of us Malaysians…..bar few quite ruthless opportunists.
Jack
Bang on the money with yr great analysis
Our geographical advantage ia being wasted for the greed of a few
This fella Nazir is screwing Najib big time. First he was involved with the MAS AA share Suap. Giot the MAS and nation angry with NAJIB. Now he was involved with the IPO of AA X. He has a P brain I think. He should be shot and thrown into the longing. Who is going to buy AA X IPO share at RM1.45. Ten times its par value. Only idiot will do it. As has been said even AA did not want to exercise its right to buy. So Malaysians please don’t get carried away by this Nazir and that pariah.
Now AAX Can Go To Hell With Its IPO! Sop bullshitting Malaysians. Japan had already give them the boot!
Please leave the AAX IPO for Kalimullah, Tony, Kamarudin, Nazir Razak and Azran to buy. I am sure that they have all the money to buy. We the rakyat just wait and see how it collapse right before our eyes.
15 Sen selling for RM1.45. What so great about AAX. Why pay a premium to buy a debt ridden company like AAX. Don’t be fool by Tony and Nazir. There are many other good shares in the market for us to buy. EPF and Tabung Haji stop being suckers.
Why into a listed company which tells you before hand that you will not be paid dividend. better our money in the bank.
i MAY BE OUT OF DATE, BUT ISN’T THERE A STIPULATION BY THE BURSA THAT A COMPANY MUST HAVE A 5-YEAR PROFIT RUN RECORD BEFORE THEY CAN GO FOR LISTING??
AAX IPO? No way. AA no way. Just look at AA track record. It never gave out dividend. Don’t waste your time. Thank you YB for the article. How I wish you are still in Parliament to whack this red Indian and his outfits. This Datuk Nazir Razak must be stupid to get involve or he is equally desperate because of the huge loan given.
You are wrong. I’ve received dividends from AA 3x already and one of them was a special bonus dividend which was @16sen!!
kita boikot AA dan AA X aja. Jaganlah kita semua diperbodohkan oleh Tony dan Nazir Razak. Nasib baik YB highlight harga IPO 10 kali ganda harga asalnya iaitu 15 Sen. Boikot, Boikot, Boikot AirAsia dan AirAsia X.
Even the business section of the mouth piece of Tony, The Star, article by B S Sidhu was trying to paint a good picture of AirAsia and its expansion to India. ANA already issued a statement of the breaking up of ANA and AirAsia but the Star was trying to give the impression that AA was sill looking into the partnership. Sidhu has been writing rubbish especially on the subject involving AirAsia. She thought that we are all stupid except her and her boss Tony. Sudahlah bodoh atau telah mabok dengan iklan2 AirAsia.
To make the happy family to be happier, I would think that AAX IPO will be over subscribed by 100 times. ka! Ka! ka! Both Tony and Nazir thought that we are all stupid to jump on the band wagon. No deal. God bless CIMB with all the big loans to AA & AAX.
Nazir is an idiot that should be shot or kick into the longkang. How could a company like AirAsia X, which is a failed company, to have its IPO price fixed at RM1.45. Par value is 15 Sen. it was still in the red a few years ago. Starting to make profit these one or two years. He is just a wheeler dealer. A useless CEO. tak malu kah?
I don’t think we should penalise AAX for being affiliated with the AA Group or whatnot. Isn’t the most important thing also looking at the fundamentals of the company? From what I can see, it is a company with good growth strategies. I think RM1.45 per share is a fair price
What fundamental AA X has? Except the important routes were hijack from MAS and the publicity stances by TF. Thanks to AJ of MAS for giving the Sydney route that belong to MAS to AA X. AA X is burden with debt like AA. We await to read the so-called fundamental of AA X.
If you think that there are fundamental in AirAsia X please go ahead and buy as many shares as possible. Blame no one when it goes down in the near future. It is a free world. It is your money. Please do as you please.
stay away from the conmen
wa