Tiger Air cuts planned IPO size after lukewarm interest

[SNAblog]

I am surprise that there are investors out there who are interested in this airline. Other GLCs being asked to do 'national service' again to help SIA?

http://www.reuters.com/article/idUSSGE5BF06J20091216

Tiger Air cuts planned IPO size after lukewarm interest -sources

SINGAPORE, Dec 16 (Reuters) - Budget carrier Tiger Airways, 49 percent-owned by Singapore Airlines (SIAL.SI), has cut the size of a planned IPO following lukewarm response from potential investors, two sources briefed on the deal said on Wednesday.

Tiger is now looking to raise S$200-S$250 million ($143-179 million), one of the sources said, down from an earlier estimate of around US$300 million.

The trimmed expectations highlight investor concerns about the airline industry, which has been battered by falling travel and cargo demand and a recovery in fuel prices JET-SIN.

(Reporting by Kevin Lim, Editing by Ian Geoghegan)

 

[oli9]

Common sense has prevail over sheer stupidity.

Why would anyone want to get involved with an airline that's helmed by a half baked Brit who's top credential is just a DIPLOMA?

 

[Alamaking]

Who the fuck wants to buy their shares?

:oIo::oIo::oIo::oIo:

 

[singveld]

Common sense has prevail over sheer stupidity.

Why would anyone want to get involved with an airline that's helmed by a half baked Brit who's top credential is just a DIPLOMA?

in UK, a diploma is a degree.

 

[hemunkeong]

Who the fuck wants to buy their shares?

:oIo::oIo::oIo::oIo:

The share price will collapse on the first day of IPO.

 

[streetsmart73]

Common sense has prevail over sheer stupidity.

Why would anyone want to get involved with an airline that's helmed by a half baked Brit who's top credential is just a DIPLOMA?

hi there


1. what's wrong with an individual graduated with a diploma.
2. well, he is a specialist in specific discipline.
3. it does not make him a lesser person than any other persons.
4. come on! a uni graduate can also be a crook.
5. lets look around sinkieland recently.
6. educational qualification is some fundamentals and marker.
7. what is more important is whether the individual can deliver what he is suppose to deliver.
8. in many instances, graduates fail too.

 

[oli9]

in UK, a diploma is a degree.

An angmo with just elementary education, he'll be worship like a God in Sinkieland.

 

[oli9]

hi there


1. what's wrong with an individual graduated with a diploma.
2. well, he is a specialist in specific discipline.
3. it does not make him a lesser person than any other persons.
4. come on! a uni graduate can also be a crook.
5. lets look around sinkieland recently.
6. educational qualification is some fundamentals and marker.
7. what is more important is whether the individual can deliver what he is suppose to deliver.
8. in many instances, graduates fail too.

Hi there
Obviously u know shit about Sinkiepore.
Tiger airways being co owned by Temasek & SIA, why would anyone be dumb enough to employ a DIPLOMA HOLDER Grad? You mean there's no GM from SIA is capable?
If you know Tony Davis personally, he knows shit about his work. Why until today, I dont read about service complains from other budget airlines except Tiger? Coincidence ah or its just that, their service sux?
back to your #7 - Tony cant even deliver the basic which is to address their service complains. Why does he hide from the media?
Im targetting at FOREIGN DIPLOMA HOLDERS, so dont feel offended. Locals are adequate for the job.
Dont tell me youre one of those Foreign shit with a diploma?

 

[takcheksian]

Your words can also apply to sinkies. So called FTs are always praised over our own people.

Why should we give jobs to foreigners over our own? I am sure there are many sinkies have diplomas (or even less) who can run this shit airline better than the shit brit?

hi there


1. what's wrong with an individual graduated with a diploma.
2. well, he is a specialist in specific discipline.
3. it does not make him a lesser person than any other persons.
4. come on! a uni graduate can also be a crook.
5. lets look around sinkieland recently.
6. educational qualification is some fundamentals and marker.
7. what is more important is whether the individual can deliver what he is suppose to deliver.
8. in many instances, graduates fail too.

 

[oli9]

Your words can also apply to sinkies. So called FTs are always praised over our own people.

Why should we give jobs to foreigners over our own? I am sure there are many sinkies have diplomas (or even less) who can run this shit airline better than the shit brit?

TOTALLY AGREED.

U mean Singapore has no capable DIPLOMA HOLDERS ah? All the top jobs must be given to Ang Mo? Ang Mo Tua Kee ah?

 

[blueblobster]

Hi there
Obviously u know shit about Sinkiepore.
Tiger airways being co owned by Temasek & SIA, why would anyone be dumb enough to employ a DIPLOMA HOLDER Grad? You mean there's no GM from SIA is capable?
If you know Tony Davis personally, he knows shit about his work. Why until today, I dont read about service complains from other budget airlines except Tiger? Coincidence ah or its just that, their service sux?
back to your #7 - Tony cant even deliver the basic which is to address their service complains. Why does he hide from the media?
Im targetting at FOREIGN DIPLOMA HOLDERS, so dont feel offended. Locals are adequate for the job.
Dont tell me youre one of those Foreign shit with a diploma?

I agree that this FT is a piece of dumbshit. But that's because he is naturally one and not because he only has a diploma. Education has little relevance to ability. Look at those those highly educated but useless SG scholars. Their education is worth shit in the corporate world. Don't fall for the PAP elitist BS.

 

[po2wq]

dow jones news ...

*SINGAPORE''S TIGER AIRWAYS SETS INDICATIVE PRICE FOR IPO OF S$1.35-S$1.65 A SHARE - SOURCE (2010/01/06 11:08AM)

wanna sel so xpensif sum mor ah? ...