KLSE (MYR): ASTRO (6399)
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Last Price
0.385
Today's Change
+0.02 (5.48%)
Day's Change
0.36 - 0.385
Trading Volume
15,235,500
Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
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Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) |
TTM EPS is 0.71 sen. In Q3, they threw the kitchen sink and reported a loss of 0.90 sen. But in Q4, they make back 0.85 sen which looks big, but if sum H2 together, it is still a net loss of 0.05 sen i.e. this company is still LOSING money in the last 2 quarter.
In my 10 sen valuation, I was very generous by awarding ASTRO with 1-2 sen earnings, but remember, last 2 quarters, they didn't make money but lost monies by 0.05 sen. TTM is 0.71 sen, so to get to 2 sen, they will have to TRIPLE the effort of TTM i.e. it would be against the odds to bring it back to 2 sen per year SUSTAINABLE. Price might fall to 10 sen first before settling down at 20 sen (10 times EPS of 2 sen, remembering right now it's only 0.71 sen and last 2 quarters are NEGATIVE).
2 months ago
If ASTRO wants to be regarded as a stock for institutions, it has to do many things, one of which is reverse stock split. Right now, it's clearly a penny stock. It needs to reverse split at least 10:1 to bring it back to RM2.95 instead of RM0.295. Then, recapitalize at RM1.00 (equivalent to 10 sen) to dilute existing shareholder's share and if so, I'll subscribe at 10 sen.
2 months ago
Euan Smith has to make a decision in next 3 years - will he be the CEO that transformed ASTRO in the eyes of institutional investors, or will he be booted out in next 3 years.
2 months ago
If look segment, the tv is losing money. Only radio make money. Ceo can still talk talk talk.
2 months ago
Posted by DickyMe > 2019-02-01 11:35 | Report Abuse
👆👆
d mc "your language show your standard." There, you just can't help being judgemental, aren't you? There is no difference in language, no such thing as polite or harsh words. Words form sentences which ultimately form a language. The words I used come from the same language you spoke. If you have mentally decided some words are inappropriate, it's your problem. You have set yourself a political correctness attitude. Not everyone will have to agree with you. The problem is, you cannot tolerate people who have opposing views.
This is an open forum to share pro and cons about a stock. I am sure it's not your website and I don't think i need your permission to post my views. You must be a fool to think that by me stating opposing remarks, it will negatively impact share price, which seems to be your insinuation. I am against Astro's way of rendering their services by dishing out rerun, disruption, no rebate and collecting subscription fees for thrashy shows.
There are many FREE alternatives enabled by technology with FREE copyright licence. So, I am not the problem to ASTRO but technology is. Here, many subscription based services have substandard quality from engineering, technical and customer service. Their only goal is to collect monthly subscription. It is akin to gangsters collecting protection money. Pirates! Astro is doomed in a couple of years.
2 months ago
my 2c,
ASTRO should shed its DTV business model and streamline to be a content aggregator. 1st order of business is to make a full pivot towards full broadband and then merging with MAXIS.
Touching abit on MAXIS, having to compete with the current enlarged CelcomDigi and Malaysia gov's decision to force telcos to subscribe to DNB's 5g have caused MAXIS to have very little differentiating service. Same goes to MAXIS' wholesale purchase of HSBB from TM which are equally cut throat where subscriber will switch between TM depending promotion.
For the uninitiated, calling ASTRO as sunset in uncalled for. It's MEASAT and DTV that's a sunset business. As for ASTRO, it remains as the primary source of local content for the community and will most likely here to stay.
Lastly, for those people that compares ASTRO againts the like of NETFLIX, HBO+, Disney etc etc. Do you know that ASTRO offers bundle with those foreign streaming platform? Rather than having to manage several subscription, ASTRO's bundle offers a lot of value.
By merging ASTRO and MAXIS, believe there will be huge synergy to my points above. The only stumbling block to the merger above is the consideration of MEASAT's existence which to me is a huge conflict of interest.
2 months ago
Astro bundles are heavily chopped junk shows to appease a certain section of the community. It's waste of money.
2 months ago
Whatever u said unifi tv already done. Astro will need to play the catch up gain if ever they decide to pivot
2 months ago
It's clear that you've done your homework on the financials and are making informed decisions based on that analysis. Your ability to maintain a profitable portfolio despite the challenges shows a commendable level of skill and patience in navigating the market https://geometry-free.com
2 months ago
Think Astro will drop below 0.30. Maybe 0.25 stop. Will see how later. Happy investing!
1 month ago
Privatise at 40-50 sen relist 60 sen? Now is right time already profitable latest QR, price quite low and VSS over.
4 weeks ago
Astro ni mmg x blh pakai. Suruh jgn renew kontrak sy dia org sengaja renewed. Lepas tu nk batal kontrak bru kena byr pampasan sebyk RM500. Cara mcm ni serupa memeras ugut duit customer. 😡😡😡
3 weeks ago
Peras ugut customer meaning good for shareholder. Well manage company. Just like bank where got good for borrowers or even customers?
凯翔 赖
Astro ni mmg x blh pakai. Suruh jgn renew kontrak sy dia org sengaja renewed. Lepas tu nk batal kontrak bru kena byr pampasan sebyk RM500. Cara mcm ni serupa memeras ugut duit customer. 😡😡😡
3 weeks ago
It’s AGM time! Please vote no for re-election of retired directors and vote against the directors fee and benefit. After the mismanagement of the company, they don’t deserve to be paid.
2 weeks ago
Something is brewing. Businesses are being restructured and it's positive. AGM coming up next month and prices are moving higher back to mid 35sen level. Hopefully results will be better than last QR. Range should be at least 40sen.
1 week ago
ASTRO closed +7.94%. I still have position that I didn't average down to 30 sen and now strongly shoot up. Still, this move, plus 24 other greens offsetting reds, has made my portfolio to hit new all time highs again today. May has been a most amazing month - my portfolio hit new all time highs for 12 days just this month! Surreal! Excellent bull run!
1 week ago
My first level 35sen has been hit. Institutions will push the price to 40sen. Big buying opportunity exist and more upside. Looking forward to the QR results and new announcement.
1 day ago
40sen breach is imminent and if able to stabilise around those levels then most probably hitting 45sen. Something is definitely brewing internally.
2 hours ago
My heartfelt thanks go to https://slithergame.io the author for their dedication and commitment in crafting this extraordinarily detailed and insightful article.
41 minutes ago
DividendGuy67
For declining revenues and declining earnings, plus declining DPS, you don't really want to pay 5 times earnings. If EPS is 1-2 sen, that's 10 sen max. Its NTA is 21 sen, so, if you follow Graham, you want to invest at 70% NTA or 15 sen. It's currently 29.5 sen. Sure it's profitable, but if earnings continue to decline, there's no margin of safety ... I sold half my holdings at 40 sen and will probably hold the other half till 10-15 sen before I consider adding. This might take a couple of years or so ... thankfully, I was highly disciplined in position sizing, and despite owning ASTRO that loses monies, it didn't stop my portfolio from making new all time highs many times since last year.
2 months ago