I think most likely most sales are affected by Huawei.

It all depends on the sino-us trade talk. If successful, go up. If failed, all counters will go back to early Jan price. Most likely it will succeed.

Pause in trade talk caused Nasdaq to plummet last night.

By checking the intermission ad in drama series, the average of 8 dropped to just 1 ad.

If you are using Astro, you'll notice the Ad department will suffer very bad in the coming earnings report.

But GoShop department will be good.

Many switched to Huawei as the photography capability way too good at much lower price range.

Government will impose amusement park tax... What a bad year for GENM!

Crash before a holiday is OK. If crash in a normal day, that's something to take note.

Gov Tax Problem = ~3.50 (Actual price according to profit is ~3.20)
Gov Tax + Fox problem = ~2.85
Gov Tax + Fox problem - opening delay = ~3.10
Gov Tax + Fox problem - opening delay + opening uncertainty = ~3.00



Now at fair price.

VSS and layoff are two different things. For VSS, employees have the option to stay. You guys never work for a company before? Born with silver spoon?

Yes. Only 10% are buying when it drops.

For US, this is not a good result. For Malaysian, this is still ok. Mainly due to slightly lower revenue which I expected a break-through with a new CEO. Lower revenue with such a good profit signified a kedukut boss. I think Astro needs an visionary boss rather than a stingy boss to transform into another revenue boosting company.

So the upside could be quite limited.

My guess is good. But you never know. It is a bet or gamble if you place the money before the report is out. For real investors, they will wait for the result to come out before placing the bets on the table.

It all depends on your risk management style.

Astro "Go" is for youngsters to watch channels on mobile devices legally. It has been there for years. I potong TM bcos too expensive. Maxis FiberNation just RM89. Max speed 100MB, around 20-100 times faster than TM. TM line is also too slow to stream 4k content which Astro will debut these few weeks.

Astro now bundle with Maxis fibernation to turn existing recorder into a TV Box but not cheap.

Yes. Illegal TV box can be a threat. Singapore just banned illegal TV box. Actually Astro recorder is also a TV Box. You can either connect through wifi or satelite dish. But Malaysian like free stuff. Harapan may not ban illegal TV box as it could hurt poor people whom they consider as human. Rich people are non human.

10 times the normal volume. Hope it was not pump and dump.

Turbulence ahead. Funds will unload before earnings/delayed earnings. New CEO. A lots of uncertainty.

With so many flagship phones release around September, Astro ad department should be happy. They must have received big pay checks from Huawei at least.

For post Dec 7 (earnings) fun fake predictions:

1) If delay earnings report (like last qtr), drop 10%
2) If earnings good, up 15% (- sunset biz naysayers bad mouth push down)
3) If earnings bad, drop > 20% towards 80 cents
4) If delay earnings + bad earnings, drop 10% + 20%
5) If delay earnings + good earnings, drop 10% + up 15-20%
6) If good earnings, privatisation rumours will be reignited (potentially up 40%)

A lots of people are confused about the privatisation pricing. If let's say the privatisation price offer is RM2.25, it won't just limit up 30% in one day and that's it. It will limit up 30% everyday until RM2.25. Usually privatisation won't complete in 1 trading session, it will be announced weeks before the implementation.

Selloff continues in the afternoon session. Maybe will last for a few more sessions until next Friday (earnings).

Bulk dumping suddenly diminishes today. Better check whether massive dumping come back or not. Or they have finished dumping? I can only see single trade dumping today. EPF fun managers went to holiday?

Astro needs to do an obvious transform or change name in order to avoid the attacks from politicians and stolen content (TV Box) lovers.

Although it has transformed for the past few years such as expand to other countries, make movies that is very popular to local and oversea, sell merchandise through TV/websites, the last bad earnings made a lots of genuises think that the problem came from TV box.

It was very obvious the last bad earnings was due to higher cost for world cup original content and lack of exclusiveness due to political reasons. Illegal TV box has been popular for years already and Astro has its own TV box starting this Sunday called IPTV. But it is not enough as Malaysians love stolen goods.

Privatisation won't solve the problem. The name Astro Malaysia is still in the manifesto. If there is still no big competitor 5 years later, UMNO will squash Harapan.

Massive 1-min sell-off continues today. I personally think the selloff will continue until next Tuesday/Wednesday then shoot like last pre budget announcement. I think it is a standard procedure for funds to dump before earnings especially those they think alteady rotten.

Changing the name is Astro only ticket out as the name is in Harapan manifesto. The government won't admit they made a mistake during drafting the manifesto. Merger is the only way to have the name changed.

A lots of hater for this company. EPF spooked by new government and keeps on selling.

Without EPF selling, the price could be around RM1.80. If you track daily per trade, you'll notice the slump is caused by bulk sales that pushed the price down a few cents per minute.

Singapore just banned TV Box. Malaysia just taxed Netflix. Will Goblind ban TV box? Chance is low as Goblind only side very poor Rakyat. But legalising TV Box will only benefit China as China is the main supplier of TV Box. Rakyat gets 0. Astro shareholders (some are poor also) suffer.

All good news for Astro but too much haters will not push the price up.

Two of most badly hit counters in Khazanah are TM and Astro in terms of percentage. Both are related to GoBlind recent actions. 1. Improve the internet speed which TM rejected and deserve the plunge
2. RTM broadcast of World Cup being used as Astro monopoly of tv programs which later proved that money is king and RTM is poor and still puts the blame on Astro being rich.

GoBlind is fighting hard to make sure these companies suffer to pave way to improve the lives of poor people which will guarantee a later easy reelection.

If pay attention to every trade, it is pushed down by massive dumping in 1 minute.

Hopefully those anal lice and fun managers go for long holiday with kids and wives after today.

Anyone can dump anything they want.

Remember that time AirAsia being short sold to RM0.80?

That forced Tony to come back from oversea to fix it.

I am not sugar coating this. Please trade at your discretion. All political parties now want this company to die both Harapan and BN. TAK has to act quick.

Astro make money from TV ads and TV shopping also. It also make local film that broke Malaysia ticket sales record 3 years ago. That film later showed in Singapore and Taiwan cinema. What TV box? Subsription is not major income.

Bitcoin induced soft crash (bitcoin downturn -> graphics cards demand drop -> kena Nvidia,...)

Luckily Bitcoin did not crash.

Still cannot find any proof Astro was bribing the previous government when Tun M was the previous PM to prevent any companies to be in this media business.

I remember Vincent Tan was once trying to be in this business but cabut half way.

I think there is a mistake in manifesto. But the bigger question is why the CEO quit after 509. That raised a lots of suspicions about former CEO's tie with UMNO.

"The deputy minister was answering a question by Datuk Dr Shamsul Anuar Nasarah (BN-Lenggong) on steps taken by the ministry in eliminating monopoly of private companies like Astro in the broadcasting sector and opening the space for other companies to offer similar services."

This BN-Lenggong Datuk is trying to kill off Astro for sure just to prove that the manifesto was wrongly constructed.

Can buy if limit down.

That's why younger generation nowadays has little knowledge about anything.

When promoter victor is not here, stock will fly.

A lots of other good stocks out there. Keep for dividend. This is not a flying stock like AirAsia.

Sorry wrong info. Last world cup 3.25, this year 4.00. Astro indeed pays more due to forex. What was I thinking? I am so noob.

Still got bulk sellers today. Turbulence continues.

Remember last time Airasia dropped to 80 cents. Tony also came back to Malaysia to focus. The same for Astro this round.

Very "UMNO" feel in the new government

Did a digging just now. During June and October 2014 (world cup 2014), the USD/MYR was in average 3.25.

Very different from new CEO claimed that World Cup content 2018 is more expensive due to forex rate.


So far no company is showing a claim of over spending in Maxis or Berjaya. Who actually paid for the TV3 world cup content.

Recent Budget 2019 tried to tax NetFlix, a super help for Astro.

Yesterday foreigners bought and local institution sold. According to a participation report.

PH government now creates a money channel from local to oversea. Malaysia will get poorer.

One quarter earnings bad people like throwing eggs to Astro. Remember, only one quarter! A lots of geniuses here.

People likes fake news mostly on Facebook and Whatsapp. Astro doomed to fail.

People in China don't watch documentary. Don't follow them. A lots of good stuff in cable tv not available anywhere else.

I like the movie "A Star is Born". Dividend closed to 15%. I think privatisation is coming soon after today.

Pakatan released its manifesto in March and at that time the price was 2.30. Pakatan made it! Shareholders should thank pakatan government.

The PH government has successfully destroyed Astro. Not sure where they hold their celebration party tonight. The problem is the wealth is not transferred to the poor.

Yes. Foreigners won't be buying this stock. Must be foreigners who have been selling for weeks.

You can also see the daily foreigners participation in local stocks. It has been very negative for the past few sessions.

Not just yesterday. Everyday. A few times per day. Just now at 9.46am. Bulk sales in 1 minute. Something is not right.

A lots of one shot sale worth around RM400,000. These are the sales preventing the price to go up. This has been going on for 2 weeks already. Now the push-down can only plummet the price by 2-3 cents each round.

Got a lots of bulk seller. Very hard to go up. Now it looks like Astro is a very low grade company by looking at the stock price performance. Could it be foreigners who are selling?