Tuesday 23 June 2015

Quickies : Air Asia : The Facts.

Glamer, Gelama... Tak rasa attracted ke with this image that evokes `success', `savvy', `allure' ? AirAsia, AsiaAsia X, Tony Fernandes et al - when it comes to PR, glossy adverts, impression, they are way up there. The man and companies who could do no wrong.

Here are some of the facts:

IPO Price: 1.20 (July 2013)

Today's Price: 0.21. Or, minus (-) 99 sen

In less than 2 years, investors who `were lucky' and had gotten AAX through balloting, and had held on, have lost 82% of their capital.

This is even worse than Felda Global Ventures' (FGV) share price performance.

with thanks to The Hack Writer. 

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