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Posts Tagged ‘Tiger Airlines’

Tiger shareholders related to scholar Eng & ministers?

In Airlines, Financial competency on 23/12/2015 at 1:15 pm

Remember scholar Eng and that blind gal with a guide dog?

Some Tiger shareholders feel that they are entitled as these spoled brats isit? They think they like PAP ministers isit?

The Securities Investors Association Singapore (SIAS) said in the open letter dated Dec 18 that some Tigerair minority shareholders felt SIA’s offer was “not reasonable”.

The reason for this, Mr Gerald, president of SIAS, was that shareholders who bought Tigerair shares during its initial public offering in 2010 at S$1.50 a share and subscribed to all three rights issues since then would have paid an average of S$0.67 a share. The takeover price is 0,41

Maybank Kim Eng Securities, the independent financial adviser appointed by Tigerair’s independent directors, advised shareholders to accept SIA’s offer, saying the deal is “fair and reasonable”

But because they’hh lose money, these shareholders think that the offer is “unreasonable”.

WTF.

 

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Tiger: When to buy?

In Airlines on 04/11/2014 at 6:37 am

This dog has fleas on its fleas. But it bears keeping track of if it cuts its prices steeply relative to the airlines, and complaints pile up. This may never happen given that SIA is it’s parent and may not want to have its reputation for service being tarnished, albeit at a distance.

AMERICANS claim they loathe Spirit Airlines, the discount carrier that earned the worst possible scores in all six of Consumer Reports’ airline-ranking subcategories last year. But the company’s financials show that people, mystifyingly, keep flying on Spirit.

The customers we seek to attract overwhelmingly ranked total price as the most important variable when choosing an airline,” Ben Baldanza, Spirit’s boss told investors earlier this week. Given its abysmal customer-satisfaction scores, some of the customers it attracts probably never fly it again. But some do—and as long as the company can keep prices low (in part by charging added fees for just about everything), it can keep attracting new customers who feel compelled to save money.

http://www.economist.com/blogs/gulliver/2014/11/spirit-airlines