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rIghts abOrtIOn
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AllErgIc tO rIghts IssUEs tthsteve ( Date: 03-Oct-2011 16:18) Posted:
| if really hit target price $0.54 before the rights issue price of $0.58, then how to issue rights. |
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S$0.440
nIce gIrlwarrenbegger ( Date: 03-Oct-2011 21:59) Posted:
Don't buy Tiger !
Buy ThaiGirl ! |
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Tiger Airways Holdings Ltd announced that it was informed by Australian Competition and Consumer Commission of a complaint against Tiger Airways Australia Pty. Ltd. arising from a marketing email sent by TT to its subscriber customers, containing certain alleged inaccuracies.
http://sgsharemarket.com/home/2011/10/singapore-company-highlights-04102011/?=TigerAirways
Renounceable Rights Issue on the basis of one rights share for every two existing ordinary shares
belgeran ( Date: 29-Sep-2011 15:37) Posted:
hmms... the rights issue is 1 : 1 ? |
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Don't buy Tiger !
Buy ThaiGirl !
if really hit target price $0.54 before the rights issue price of $0.58, then how to issue rights.
Some updates on Tiger Australia.. It never rain but pours!
| Company: |
Tiger Airways Limited (TGR SP, Airlines) |
| Event: |
Neutral: Complaints against Tiger Australia and Philippine partnership |
| Recommendation |
Underperform |
| Share Price/Mkt. cap: |
S$0.815 / S$456.2m |
| Target Price: |
S$0.54 on 8x CY12 P/E |
What happened: Tiger Australia has been informed by the Australian Competition and Consumer Commission (ACCC) that it received a complaint against Tiger Australia for misrepresentation in their email blaster to subscribers. On a separate note, Philippine aviation regulator, Civil Aeronautics Board (CAB) has also received a complaint against Tiger Airways, claiming that Tiger Australia’s suspension suggests similar concerns on Tiger’s operations in Philippines.
What we think: It appears that there is still a lot for Tiger Australia to learn about the Australian market. This is not Tiger Australia’s first run-in with the ACCC. During its suspension in Jul 2011, ACCC was outraged when Tiger Australia was still selling seats online even though the length of its suspension was still unknown at that time. Consumer protectionism is very strong in Australia, and Tiger Australia will have to tread very carefully when dealing with customers. While occurrence of such incidents should decline as Tiger Australia move up the learning curve, Tiger Australia should be wary of ACCC’s reaction to further complaints. The influential body has been known to deal out harsh punishments on repeated offenders. On the other hand, we are rather amused by the Philippine complaint. It is highly likely to be the case of “kick a man when he is down”. We believe this should be the doing of one of Tiger’s competitors in Philippines. Tiger has also claimed that the complaint is without merit.
What you should do: We maintain Underperform on Tiger, for we see significant price downside from coming quarters of losses and dilution impacts from its rights issue.
No change to target price of S$0.54.
What ?. just wake up cannot like that one.
derekchong ( Date: 29-Sep-2011 15:57) Posted:
TIger ............ROAR............R ...........Loud and Clear
one more hour to go. |
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TIger ............ROAR............R ...........Loud and Clear
one more hour to go.
hmms... the rights issue is 1 : 1 ?
niuyear ( Date: 29-Sep-2011 15:12) Posted:
So scared......will cheong to 0.9 cts or not......
Joe2020 ( Date: 29-Sep-2011 15:02) Posted:
After you buy today,,,this is the display you will see
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When travel by cheap airline like tiger airways, plse buy insurance for flight cancellation......
Joe2020 ( Date: 29-Sep-2011 15:02) Posted:
After you buy today,,,this is the display you will see
derekchong ( Date: 29-Sep-2011 14:31) Posted:
| oh, just wake up. lifting up one hind leg doing something. |
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Who wake the tiger up?
She will bite you...
LOL
niuyear ( Date: 29-Sep-2011 15:12) Posted:
So scared......will cheong to 0.9 cts or not......
Joe2020 ( Date: 29-Sep-2011 15:02) Posted:
After you buy today,,,this is the display you will see
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So scared......will cheong to 0.9 cts or not......
Joe2020 ( Date: 29-Sep-2011 15:02) Posted:
After you buy today,,,this is the display you will see
derekchong ( Date: 29-Sep-2011 14:31) Posted:
| oh, just wake up. lifting up one hind leg doing something. |
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After you buy today,,,this is the display you will see
derekchong ( Date: 29-Sep-2011 14:31) Posted:
| oh, just wake up. lifting up one hind leg doing something. |
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oh, just wake up. lifting up one hind leg doing something.
Tiger is sleeping or dying.
That tiger has an over-dosed of Viagra in my opinion.
LOL
moneycow ( Date: 27-Sep-2011 15:53) Posted:
Wait a SECOND. Is he dead ?
Thought its just sleeping. Than no chance already la :)
No more roar.
moneycow ( Date: 27-Sep-2011 15:51) Posted:
haha u so creative man :)
Tiger is sleeping BUT whne it wakes up it wakes with a roar that will shake the earth ha :)
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Wait a SECOND. Is he dead ?
Thought its just sleeping. Than no chance already la :)
No more roar.
moneycow ( Date: 27-Sep-2011 15:51) Posted:
haha u so creative man :)
Tiger is sleeping BUT whne it wakes up it wakes with a roar that will shake the earth ha :)
Joe2020 ( Date: 27-Sep-2011 14:13) Posted:
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