Latest Forum Topics / IPO | Post Reply |
Tiger Air sets IPO price range of S$1.35-S$1.65/sh
|
|||
HLJHLJ
Veteran |
13-Jan-2010 22:49
|
||
x 0
x 0 Alert Admin |
I'll give a miss. Maybe SIA is better. BTW, WB never buys airlines. By probability, they normally lose money. |
||
Useful To Me Not Useful To Me | |||
AK_Francis
Supreme |
13-Jan-2010 21:04
Yells: "Happy go lucky, cheers." |
||
x 0
x 0 Alert Admin |
Ha ha, ok sifu, tks for d good advice. Forget about ds burger liao. Cheers.
|
||
Useful To Me Not Useful To Me | |||
|
|||
freeme
Elite |
13-Jan-2010 20:56
|
||
x 0
x 0 Alert Admin |
airline biz hard to do.. competitive.. n tiger lose out to other budget airline also now.. as musicwhiz mentioned, keep losing $$.. i dun see it will turn ard any sooner.. buy at risk.. so many good undervalue counters ard.. no point buy for the seek for ipo! | ||
Useful To Me Not Useful To Me | |||
AK_Francis
Supreme |
13-Jan-2010 20:02
Yells: "Happy go lucky, cheers." |
||
x 0
x 0 Alert Admin |
Comrade, tks for d insight of ds burger. If these r true, how $1.35-$1.65 px attract investors? Ha ha, will monitor d situation until it is much clearer before deciding whether want to get involve d IPO or not? Cheers.
|
||
Useful To Me Not Useful To Me | |||
musicwhiz5
Senior |
13-Jan-2010 19:39
|
||
x 0
x 0 Alert Admin |
Prospectus just registered with MAS. It's the first IPO I've seen WITHOUT stating revenue, earnings and EPS CAGR for past 3 years. Only operational improvements are shown. WHen I dug deeper into the numbers - shock shock horror horror ! Income Statement shows 2 out of 3 years net losses, with operating losses to boot for 2 years. Balance Sheet shows net liability position - essentially insolvent. There is also a persistent net current liability position and accumulated losses. It's a terrible Balance Sheet, like watching a horror movie. Cash Flow Statement shows -ve operating cash flows for 2 out of 3 years, and most of the "growth" was funded by financing cash flows. Read the RISK FACTORS section of the prospectus carefully. Just based on those few pages, it's enough to tell people to AVOID. |
||
Useful To Me Not Useful To Me | |||
|
|||
knightbridge
Veteran |
13-Jan-2010 19:08
|
||
x 0
x 0 Alert Admin |
Give the IPO a miss... Look at the rest of the listed budget carrier.. (all under perform)... Tiger still need alot of cash for the new planes after this IPO still... Not much div for this stock... Need to wait very long to see good result Unless temasek wants to push the stock, but cannot think of good reason for it to push the market value of Tiger at this point in time.. Risk for short term punt is high. (risk vs reward not favorable)
|
||
Useful To Me Not Useful To Me | |||
yozuri
Member |
13-Jan-2010 17:46
|
||
x 0
x 0 Alert Admin |
Any views of the IPO? | ||
Useful To Me Not Useful To Me | |||
yozuri
Member |
13-Jan-2010 17:45
|
||
x 0
x 0 Alert Admin |
Date and Time Event 13 January 2010, 5.00 p.m. Opening date and time for the Singapore Public Offer 18 January 2010, 8.00 a.m. Closing date and time for the Singapore Public Offer 22 January 2010, 9.00 a.m. Commence trading on a “ready” basis Applications for the Shares may be made through: • ATMs of DBS Bank Ltd. (including POSB), Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited and its subsidiary, Far Eastern Bank Limited (“UOB Group”), • Internet banking websites of DBS Bank Ltd. and UOB Group, or • Printed application forms which form part of the Prospectus. |
||
Useful To Me Not Useful To Me | |||
|
|||
integra
Member |
12-Jan-2010 11:05
|
||
x 0
x 0 Alert Admin |
hi all, does any1 have additional information on this ipo? | ||
Useful To Me Not Useful To Me | |||
tchoonw
Veteran |
07-Jan-2010 08:57
|
||
x 0
x 0 Alert Admin |
SINGAPORE, Jan 6 (Reuters) - Singapore's Tiger Airways has set an indicative price of S$1.35 to S$1.65 a share for its initial public offering to raise up to S$273 million ($195.7 million), according to a term sheet seen by Reuters.
|
||
Useful To Me Not Useful To Me |