Major Tiger shareholder dumps 11.1 million shares
by Travis Teo
04:45 AM Jul 08, 2011
Post Reply
961-980 of 1501
Wau bro alex good luck on your position.. Be cautious of strong support at $1...
alexchia01 ( Date: 12-Jul-2011 15:21) Posted:
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Short ah....
Open a short position on TigerAir.
If you want to short, set a stop-loss at $1.045.
No Target Price. Once break below $1.00, the floor is the limit.
CIMB Report (11/07/11)
http://kfc1973-stock.blogspot.com/2011/07/tiger-airways-keep-lookout-for-positive.html
It seem to be stable today at $1.025 , should be able to substain and move higer once the grounding is lift. BB will slowing accumlated be 1 aug 2011.
Do keep a look out and good luck.
ahem....HAIR can FLY meh??? u mean Feather ? hee....quite different wor... :D
warrenbegger ( Date: 11-Jul-2011 21:38) Posted:
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with DOW drops over 140+points now....tomorrow STI will be even tougher for TigerAir....active traders are going to be excited about the ups and downs for STI top vol counters....
$1.00 is an important psychological point for TigerAir and may be broken.....
louis001 ( Date: 08-Jul-2011 21:58) Posted:
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Tiger dont had wing thats why cannot fly, should rename to Tigerhair :)
Wish U all Huat Ahhh :)
Tiger will be back
http://www.theaustralian.com.au/business/aviation/qantas-chief-alan-joyce-says-tiger-will-be-back/story-e6frg95x-1226091930779
Hahaha maybe there will be more confidence if a pretty air stewardess is announcing it.. 
nickyng ( Date: 11-Jul-2011 11:24) Posted:
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ya, tankuku, you are very correct lah.....
tankuku ( Date: 11-Jul-2011 12:16) Posted:
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It take time to see who is right - whether fying higher or drop in the shares price.Let wait and see how the handle the grounding case la.
Good luck to these who vest.
day dreaming?!??!?! :P
derekchong ( Date: 11-Jul-2011 10:54) Posted:
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last monday morning, panic selling and short selling force Tiger shares to crash landing.
today Tiger shares is going fly higher and higher.
enjoy your flight for those on board.
cheers.
budget airline profit margin is very thin...most of the profit if any goes to the Pilot salary or that of the mgt eg. CEO....and with the arrogant atitude of Tiger in term of customer service......dun thk it can go far with the current safety reputation now even with full support of SIA parent co. unless MAJOR overhaul of Tiger's safety issue and customer service...dun thk anyone wanna risk taking a flight in a potential " FLYING COFFIN" ?? :P Beside interm of budget airline...SIA still has SILK Air to fall back on...32% stake in Tiger can easily be written off from wat i see :) Alternatively they can salvage Tiger for now and waiting to sell their 32% stake to the next SUCKER some time down the road and startup a new /clean budget air 100% SIA owned :)) ....eh this make sense or not???
Even their own Au PM cannot solve, as many did alot of explaining as things unfold.
Mr JY Pillay is onboard, over nite can solve air safety, air operation problem?. Want JY to solve, wait long, long.
hlfoo2010 wrote: 06-Jul-2011.
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pharoah88 ( Date: 07-Jul-2011 11:35) Posted:
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| 1 | 2011-07-08 | 2011-07-05 | TIGER AIRWAYS HOLDINGS LIMITED | Anthony Alfred Peter Davis | Director | Buy | # Others | 17400 | --- |
| 2 | 2011-07-07 | --- | TIGER AIRWAYS HOLDINGS LIMITED | The Capital Group Companies, Inc. | Substantial Shareholder | Sell | --- | 11093000 | --- |
| 3 | 2011-06-28 | --- | TIGER AIRWAYS HOLDINGS LIMITED | The Capital Group Companies, Inc. | Substantial Shareholder | Sell | --- | 450000 | --- |
| 4 | 2011-05-31 | 2011-05-27 | TIGER AIRWAYS HOLDINGS LIMITED | Anthony Alfred Peter Davis | Director | Sell | Sales in Open Market at Own Discretion | 1000000 | 1.42 |
| 5 | 2011-03-07 | --- | TIGER AIRWAYS HOLDINGS LIMITED | Temasek Holdings (Private) Lim... | Substantial Shareholder | Buy | --- | 62000 | --- |
| 6 | 2011-03-07 | --- | TIGER AIRWAYS HOLDINGS LIMITED | Tembusu Capital Pte. Ltd. (" Tembusu" ) | Substantial Shareholder | Sell | --- | 1511000 | --- |
| 7 | 2011-03-04 | 2011-03-02 | TIGER AIRWAYS HOLDINGS LIMITED | Anthony Alfred Peter Davis | Director | Buy | Exercise of Share Options/Convertibles | 608865 | 0.13 |
| 8 | 2011-02-22 | 2011-02-21 | TIGER AIRWAYS HOLDINGS LIMITED | Anthony Alfred Peter Davis | Director | Buy | Exercise of Share Options/Convertibles | 97205 | 0.08 |
Major Tiger shareholder dumps 11.1 million shares
SINGAPORE - As troubled carrier Tiger Airways reiterated yesterday its long-term commitment to Australia, it revealed that one of its major shareholders has dumped about 11.1 million shares on the open market.
In a filing to the Singapore Exchange, Tiger said the transaction - which took place between June 27 and July 4 - reduced the stake held by United States fund manager Capital Group Companies to 5.93 per cent from 7.97 per cent.
Tiger said in a separate statement that it is optimistic about returning its Australian fleet to normal service. It added that it is committed to resolving its issues and it is confident of doing so in " the coming days and weeks" . The carrier was grounded by Australia's safety regulator on July 2. The flights were to resume tomorrow but the regulator has applied for a court order to extend the suspension to Aug 1.
When contacted, Singapore Airlines (SIA) said in a statement that it has no plans to reduce its 32.9 per cent stake in Tiger " at this point" . An SIA spokesman added: " Tiger is a separately listed entity ... We have no involvement in day-to-day management and that is not changing."
Following the suspension, Tiger implemented several top management changes, including the appointment of former Silkair chief executive Chin Yau Seng as acting CEO and SIA founding chairman J Y Pillay as non-executive chairman.
Standard & Poor's aviation analyst Shukor Yusof said: " The change in CEO indicates that SIA wants to have control over how this pans out. But what's important to note is that Mr Chin is a seasoned executive from SIA, he's a veteran. He also got the mandate from Singapore to help this out and with Mr Pillay also involved, I think it's a positive sign."
Apart from Tiger's problems in Australia, analysts noted that the fate of a joint venture between Tiger and Thai Airways hangs in the balance.
They said that the change of government in Thailand could result in leadership changes at Thai Airways, which is majority-owned by the government.
Aviation Week Asia editor Leithen Francis said: " We don't know whether the new Transport Minister is going to be pre-disposed to allowing Thai Tiger to start."
In response, Tiger told MediaCorp that the deal is still on the table and while there has been no discussions yet following the recent Thai election, meetings have been scheduled.
Source: TODAYonline
Publish date:08/07/11
In a filing to the Singapore Exchange, Tiger said the transaction - which took place between June 27 and July 4 - reduced the stake held by United States fund manager Capital Group Companies to 5.93 per cent from 7.97 per cent.
Tiger said in a separate statement that it is optimistic about returning its Australian fleet to normal service. It added that it is committed to resolving its issues and it is confident of doing so in " the coming days and weeks" . The carrier was grounded by Australia's safety regulator on July 2. The flights were to resume tomorrow but the regulator has applied for a court order to extend the suspension to Aug 1.
When contacted, Singapore Airlines (SIA) said in a statement that it has no plans to reduce its 32.9 per cent stake in Tiger " at this point" . An SIA spokesman added: " Tiger is a separately listed entity ... We have no involvement in day-to-day management and that is not changing."
Following the suspension, Tiger implemented several top management changes, including the appointment of former Silkair chief executive Chin Yau Seng as acting CEO and SIA founding chairman J Y Pillay as non-executive chairman.
Standard & Poor's aviation analyst Shukor Yusof said: " The change in CEO indicates that SIA wants to have control over how this pans out. But what's important to note is that Mr Chin is a seasoned executive from SIA, he's a veteran. He also got the mandate from Singapore to help this out and with Mr Pillay also involved, I think it's a positive sign."
Apart from Tiger's problems in Australia, analysts noted that the fate of a joint venture between Tiger and Thai Airways hangs in the balance.
They said that the change of government in Thailand could result in leadership changes at Thai Airways, which is majority-owned by the government.
Aviation Week Asia editor Leithen Francis said: " We don't know whether the new Transport Minister is going to be pre-disposed to allowing Thai Tiger to start."
In response, Tiger told MediaCorp that the deal is still on the table and while there has been no discussions yet following the recent Thai election, meetings have been scheduled.
Source: TODAYonline
Publish date:08/07/11
" Australia's aviation regulator said Saturday it had launched a review of maintenance at budget airline Jetstar, a Qantas offshoot, in the wake of another low-cost carrier being grounded.
The Civil Aviation Safety Authority (CASA) said it was examining databases and conducting checks at Jetstar after a records mix-up resulted in some planes missing routine inspections..............."
http://www.france24.com/en/20110708-bets-tiger-airways-taking-off-before-tiger-woods
s100125 ( Date: 09-Jul-2011 11:04) Posted:
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We will support TigerAir - Its a BUY @ current price. Any sell down is worth collecting.