ASTRO MALAYSIA HOLDINGS BERHAD

KLSE (MYR): ASTRO (6399)

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Last Price

0.365

Today's Change

+0.045 (14.06%)

Day's Change

0.325 - 0.365

Trading Volume

37,951,000

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
20 people like this. Showing 50 of 8,170 comments

Teh Diven

Who dare to invest?

2 months ago

DividendGuy67

Still downtrending. Fundamentally still overvalued for declining earnings, declining revenues, declining dividends. Still expensive relative to its NTA of 21 sen.

CEO, Board, management still dreaming. They still aim to be Malaysia's No 1 streaming platform. Still spending trying to achieve this. Hahaha. Just google Malaysia's top streaming platform. I can't find Astro inside that list. Instead I see Netflix, Disney+Hotstar, AppleTV+, viu, all recognizable name but Astro I can't find. Sad ...

2 months ago

DividendGuy67

Press release - CEO still throws big words like "world class content" ... then went on to quote examples of world class "All Stars Gegar Vaganza, Malaysia’s No.1 show, needs no introduction ..". Seriously? You think across the border, All Stars Gegar Vaganza needs no introduction??? Hahaha ... he continues to live in an alternate universe. Guess nobody in Astro has the balls to tell him otherwise.

2 months 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

DividendGuy67

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

DividendGuy67

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

DividendGuy67

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

DividendGuy67

Post removed.Why?

2 months ago

Investsmart60

If look segment, the tv is losing money. Only radio make money. Ceo can still talk talk talk.

2 months ago

5354_

Maybank TP RM 0.29 so not yet attractive?

2 months ago

5354_

Media, MediaC cheaper(in market capitalisation) if you like Media counters.

2 months ago

MR. BEAN

Interesting.

2 months ago

DickyMe

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

n3lly

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

DickyMe

Astro bundles are heavily chopped junk shows to appease a certain section of the community. It's waste of money.

2 months ago

Investsmart60

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

TiffanixLVxHermes

on board @ 0.30
TP 0.35

2 months ago

Bohya777

got future meh this astro

2 months ago

Mg11killerVarna

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

nich0las

Think Astro will drop below 0.30. Maybe 0.25 stop. Will see how later. Happy investing!

1 month ago

Bohya777

always late to new venture....

1 month ago

MR. BEAN

Big Fund is coming.
Green Angpao to all my minions.

1 month ago

Bohya777

Red week incoming

1 month ago

curiousq

OMG !!! this one becomes like this already 😓

1 month ago

cheeseburger

Astro TP 15c

1 month ago

Superb99

Hopeless stock, 1 day show only, catching fishes

1 month ago

Bohya777

Heard their tv service kena complain again

1 month ago

rohank71

long term 10 sen stock. how to go up if revenue keeps dropping.

4 weeks ago

limch

10 sen true? Why my 29 sen q also cannot match?

4 weeks ago

limch

If RM keep strengthen against USD, Astro stand to make forex gain coming QR.

4 weeks ago

limch

Ananda Krishnan can privatise Astro 2nd time?

4 weeks ago

speakup

Yes. The Relist is again in Bursa at high price valuations

4 weeks ago

limch

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

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

5354_

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

Teh Diven

Good company but rubbish pricing

2 weeks ago

Bohya777

price shud be lower haha

2 weeks ago

diggiediggiedang

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

birkincollector

gogogo hehe

2 weeks ago

TiffanixLVxHermes

sold
😎

2 weeks ago

AlphaCapX

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

birkincollector

nice. Broke 0.33

1 week ago

imbravo

buying momentum very strong...

1 week ago

Teh Diven

Just flying forward. The storm is over.

1 week ago

DividendGuy67

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

imbravo

spike

1 week ago

birkincollector

yummy

1 week ago

AlphaCapX

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.

14 hours ago

birkincollector

another round 😁

12 hours ago

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