A question ..1st day million shares sold..who r d buyers Qing to buy @ 3.09-3.10?? Who sold & who bought it? Sold by cornerstone investors ? Tats means 1st day those cornerstone investors earned & quit already ?? Now only Astro staffs wif margin & public facing price lower than their bought price??

My frens worked @ Astro bought 12 lots Astro shares via margin loan rec indulgence ltrs from bank to extend d force sell period & shortfall cover by salary deduction up to 12mths..sound the finance gv amnesty to them..they need to bear few hundred margin processing fees,margin interest & uncertain contra losses incur later..tmrw will b another Pray hard day for them..!

10mins b4 closing,high sell out @ $2.86..so Monday definitely drop bcoz of this million sell off..!

Wait 1st.. dun buy now, the price not the lower...but if no one sell, the price will maintain only...except got buy in..but i dun think anyone else dare to buy in..except those rich buy in huge volumn...juz aim to earn 0.0x b4 today closing.

Steadyeddy, TQ!

I used to trade NYSE online,NYSE is common to use LOT, if no of shares. Is more direct if RM30 x 100,000 lots...some more if US trade in USD1,000 = USD$1.00, easy for me to count direct when convert to MYR.

saufi74, please read Steadyeddy's remarks, thats means RM3million cozs 1 full lot is 1,000 shrs...100k lots =300million shares

RM30 x 300 million shares =RM3million earned..!

Tks Steadyeddy to breakdown for saufi74 for more clear..

If u insist that 300million shares of 0.03 earn is only RM3,000 only ,then is too bad...lets all conerstone investor laugh the whole day...

Even minus out brokerage, at least earn RM2million & above... not what u told RM3000 only...

U ask ur fren & see they laugh or not,Ananda only earn RM3000 not RM3million...

Aiyoh, u still cant get it, i wonder r u 20yrs experience...

300k lots means 300,000 x 1000 = 300million shares...aiyoh...

Do u understand what is Lot & share ?

U think Ananda just play with 100,000shares meh ?? Aiyoh.... is 100k Lots... if Ananda see this,sure he laugh...Ananda just earn $3000...hahaha

Astro want to rais RM4.58 billion not RM4.5k r...

Saufi74, got d figure ?

Aiyoh..if u buy at $2.84,sell at $2.87,u earned $0.03 per lot,if $2840-$2870=$30 x 100k lots is how much? Cal & see..

In stock exchange,long terms only means 4 high end wif extra $,d issue is current many suffer margin loan,long time of interest& shortfall cash top up..no point even after a yr up to $3.10 even..That's happen for all shares depends when d day come..that's why I say save d best for uncertain last.

Saudi74,d 0.03 means earn $30 per lot,so $30 x100,000 lots how much? $3=$3,000 r..aiyoh..

The boss wish the price drop as much as possible...

The staffs pray hard the price up as much as possible..

This week hot !

Oppa Astro Style !

Any idea how many lots Astro staff buy using margin loan ?

As i know max is 120 lots.

Definately many DJ, TV channel hosts invest also...

If for muslim staffs tmrw need to raya some more... pity them...

Morning 9:30-10:30 price change 0.02-0.05, if those buy in 100k lots even earn 0.03 already earn pocket money $3million ($30 x 100k lots).

Astro mgmt will go for low price to buy.. the lower d price, the more they earn cozs others buy @ $3. Thats why the 4 CEO of Astro buy in 900K lots @ $2.7x.

Astro closed @ $2.84 at 12pm.

Astro mgmt might buy @ $2.84 depends they greedy or not...if greedy, they might wait until more drop...

Half time...low volumn of trades...stable at $2.86..

All IPO should be stable or subsequently up to certain %...

I think after this Astro IPO, Msian seem play smart...

If stable $2.85-$2.88, margin holders might cant go for long run due to high interest & shortfall top up or bank's force sell soon or later...., cornerstone(s) might escaped early..if not they got other profits to cover the losses...

So, stable means Save the best for last with uncertain period of time & treat dividend as bonus to make your day later.

ronnie90: force selling suppose in 4th day(WED),but Bank give extension since sympathy to the margin holder play fool by this shares i think...

Panic only over if THOSE( cornerstones) or visible man behind not sell off big volumn..

The prospect or impression fo this shares since launched not good.. i dun think there are buyers to buy above $2.85. Except those rich buy big volumn to gain even earn 0.02 per lot:

$0.02 x 500k lots=gain $10million

The momment they buy in 500k lots definately will up at least 0.01-0.02...but the momment they sell off...bad impact for the price...

A bet that out of our control but might 'hoop' by others...

koyakui: If everybody run.. price continue drop... who will untung?

For sure, no matter what price, the Astro higher mgmt need shares..

Getting clear who will be the winner...

already $2.85...small volumn sell out slowly...??? wonder this from :

1. Cornerstone to sell in small volumn instead of huge to test market?
2. Public ( astro subscriber ipo 3 lots)selling out?
3. Those under margin loan surrender ?
4. Those shares players remisiers buy @ $2.7x try to sell out ?

margin call tak apa, yang terrible FORCE SELLING...kalau FORCE SELLING nanti...harga akan turun teruk lagi....inilah saat orang kaya yang watching the market beli lagi masa harga dah turun...

Dah jadilah... staff beli harga RM3 tapi top mgmt WED beli RM2.7x, tak boleh imagine kalau mereka sell out nanti...then pasti harga turun lagi..

Tapi lepas FOCER SELLING, staff Astro tanggung margin interest + Contra losses shortfall..tapi at least mimpi teruk dah berhenti, dah boleh agak berapa dah rugi...sekurang-kurangnya tak macam sekarang, tak pasti berapa kena rugi...

Yup, they r watching the stock to gain more million in own pocket..NOT to help other to out from suffer...

Dropping...volumn traded small...

Besides pray...nothing we can do except we have million of $ to buy in regardless @ $2.87...

Pray to cornerstone(s) not to sell off in huge volumn...

If drop again...might affected small shareholders to give up their dream to reach RM3.

high volumn 1.227million sold @ $2.90 2mins ago, hopefully this won't effect the price to drop...oh my...now $2.88...

Early morning standby sell off reached million lots...so...pray hard everybody..

buybackma :Contra Losses raised subsequently even reached bk $2.89..
I dun think those Cornerstone(s) earn contra gain will slow down...
Weird flow if u ssee the chart of volumn buy & sell in low.
Ydy closing sell volumn only 280K lots, the sleeping lots hold by public issue wait for RM3, but those huge volumn hold by Cornerstone (s) not let go...i dun see today any buy volumn except Astro's higer mgmt intent to hold it for long terms.
Thats why i said pray hard to avoid those Cornerstone(s)sell off before Raya...
If follow the trend, once a ipo up & up tp 10%-15%, Cornerstone might let go & trade in slow with small volumn..at least public issue holders can escape with some gain or minor loss...
But this Astro 1st day sell off huge volumn & buy in hig volumn..so public holders no gain or heavy loss...or uncertain to keep..

The WED Astro drop also impact of Global Makret slip & Euro falls...top-line revenue misses by large U.S.NYSE.

I dun see those buy in high volumn helping to push up the market to help those invest Astro with margin loan...yesterday up 0.17 more or less...this is called give to the high end not the end lower shareholders..

Telecommunication 0.20% in global market, this morning the Washington Post highlighted stock market stabilized Wednesday after one of its biggest sell-offs of the year which major indexes rose modestly...one of it happening in Msia is Astro.

The shortfall pick up might lead to more small shareholders to sell off instead of hold the shares, majority margin player which they give up the bear of high margin interest & uncertain shortfall...

The fact of huge sell gained few milion on Friday & huge buy in @ Rm2.72 to push the price to Rm2.89 galined 34 million today...

I dun see any good news for small shareholders..but i see 'someone' gain non stop.

The key for tmrw up ..if...huge volumn of buy in @ RM2.89.

The cause for tmrw drop ...if huge buy in on 23th @ RM2.72 sell out in huge volumn.

In order to raise Rm4.5 billion in gross...i dun think aim RM3 in short time to let go public's holding..

View generally, solic investment not for this shares.

Businessman only look at maximun profit & segregate x% of profit for charity.

EPF invested in previous IPO Gas Msia, Felda...etc..gain & gain.

But not this time ...sure there are reasons behind EPF not invest in IPO.

Good divident another 1 yr to wait.. definately after election, no point for buy vote...

thats the reasons they make it drop to RM2.72 & thats the reason they push it up to RM2.89...why ? U see:

RM2.72-RM2.89=RM170 x 200k lots =RM34milion gain

RM34million !

Do u see they motive for earn RM34million or helping to push bk to RM3?

Exception apply if there are hero willing to buy in huge volumn with RM2.89 to push to RM3.

Today sell volumn only 280k lots, it seem juz less than 1% of total volumn..huge volumn effect the market will be in milion lots..

Anyway tmrw either thunder or sunny depends those cornerstone...pray hard for Astro staffs those with margin loan !

Impossible increase of 0.70 ( 23%), i will say is lucky if bk to RM3.00, those review by other Finance anaysis, this Astro not worth RM3.00 & if those top mgmt buy in RM2.7x, i dun think it will up till RM3.70, if it really up to RM3.70 those cornerstone wont let go at RM3.09 in huge volumn.

I will say..luck if even RM2.97 pray hard those cornerstone not sell huge volumn in sudden!

The facts top mgmt of Astro buy in low price below $2.7x (sound like they r hero to help the Astro staffs???) but Astro staffs with margin loan buy @ RM3 + interest for loan..

Today closing not much buy volumm,definately tmrw wont up much,if those huge buyers let go in huge volumn price might drop under RM2.85.

The trend looks 19th those sell in huge volumn gained billion, might bought in huge volumm ysterday, estimated another terrible fall if huge sell ..depends the yesterday buyer greedy or not, as closed RM2.89 today had gained few billion..

Rich gained billion, but those bought Astro with margin loan suffered.