Posted by Ledzepp > 2012-10-19 16:16 | Report Abuse

What? They took RM1.045b and then float it out? Someone is really selling rotten apple!

Posted by hatifahs > 2012-10-19 17:41 | Report Abuse

Bad repo for ipo in Msia this yr and all astro customers not forget it.

Posted by talk2pkc > 2012-10-19 17:48 | Report Abuse

BIG boys bought at 3.00 n they will sit on it over medium term or at least next financial data n bear in mind only less than 6% floating in market won't b strong enough to drive price down to 2.85 , ah ah

Posted by hatifahs > 2012-10-19 18:18 | Report Abuse

If u notice miti self around 600 m bro all waiting to sell but now was force to sell bcas all frm financing,just now my friend asking to prepare for top up already.

Posted by saufi74 > 2012-10-19 18:43 | Report Abuse

Hatifahs..just want to inform u...450m shares have taken by Pnb from Miti portion...

Posted by hatifahs > 2012-10-19 19:30 | Report Abuse

That one corner stone bro 3 month moratarium

Posted by hatifahs > 2012-10-19 19:35 | Report Abuse

After 3 month frm today lagi paraah bcas all cornerstone can sell already so any berhatii terutamanyya perahuu perahuu kecil wallahualam bisawaak.

Posted by talk2pkc > 2012-10-19 20:05 | Report Abuse

AK & K r always on stand-by to buy back some to protect price until next financial result n meantime will continue active trading , for sure all directly or indirectly link to "1Malaysia" will maintain active until after election and equally Busra is holding more than 25% of the New IPO in Asia region , meaning is under political pressure to maintain healthy to encourage more foreign investors ....... short to medium terms r encouraging for "SMART" Mysian investors , I think ......... LOL

Posted by shirley1 > 2012-10-19 20:11 | Report Abuse

any price stabilization manager for this counter ?

Posted by ledzepp > 2012-10-19 20:17 | Report Abuse

price stabilization manager? How much is the pay? Can anybody apply?

Posted by shirley1 > 2012-10-19 20:23 | Report Abuse

ledzepp, not sure how much is their annual income. haha

good blog to learn wisdom.

http://www.intellecpoint.com/2012/06/fgvh-going-for-price-stabilization.html

Posted by ledzepp > 2012-10-19 20:46 | Report Abuse

Thanks shirley1. If the price slips further, astro can be taken private again after all the coffers is overflowing

Posted by KowChye > 2012-10-19 21:54 | Report Abuse

Just watch after 3 months...then a better picture can be obtained?

Posted by ledzepp > 2012-10-19 22:31 | Report Abuse

Maybe astro is not quite fb II. In the case of Facebook, it is founded on flimsy business model, ie. Advertising revenue - no one wants to pay on the internet. In the case of Astro, revenue comes from subscriptions (guaranteed monthly) and advertising (still minute because the advert are mostly their own advertisement ). So growth must come from growing customer base. Any room to grow? IP TV from UNIFI and others are already here, even though the offerings are not as good. There's also free TV on the internet. How many households are there in this country? With more than a million subscribers, it's close to saturation already. Perhaps astro need to sell multiple subscriptions to each household, similar to ownership of multiple phones. Otherwise growth will be slow.
All is not lost for the astro shareholders. My take on this stock is rely on it's dividend rather than price appreciation

Posted by chongkonghui > 2012-10-20 01:02 | Report Abuse

A Candid Report.