Posted by DividendGuy67 > 3 weeks ago | Report Abuse

So, all those brokers a few months back that says "Astro business model remains intact long term" failed to note the huge borrowings and the huge permanent negative impact on earnings arising from interest costs. Interest costs is real. It's a real drag and can bring business down to become insolvent if cannot pay. Banks wants their loans back regardless, even if it means dragging Astro to bankruptcy court in next few years if Astro cannot pay.

Posted by DividendGuy67 > 3 weeks ago | Report Abuse

Astro can try to beautify its books for a while. Make it look like it gets its books in order for 1, 2 or even 3 quarters. But without genuine business improvement, that price spike is just going to get sold down again to make new lows.

If you keep selling at price spikes, you have an easy win with Astro.

Posted by DividendGuy67 > 3 weeks ago | Report Abuse

Astro's last quarterly earnings is so sad at 0.1 sen. Even if it earns 1 sen next year, the P/E at 50 sen is like 50 times. Due to high borrowing costs, and mistakes in hedging, 50 sen is too high a price to pay if you are a long term investor who plans to hold the stocks for several years as price can expect to keep going down long term, even with short term spikes up.

Posted by Good123 > 2 weeks ago | Report Abuse

KUALA LUMPUR (March 3): Three men have been fined a total of RM38,500 by the Magistrate’s Court in Melaka for selling TV boxes preloaded with unauthorised content, said Astro Malaysia Holdings Bhd.

It said the trio were arrested for their involvement in the sale of illegal streaming devices (ISDs) when a police cybercrime investigation team conducted raids at several outlets in Tesco Bandaraya Melaka on Oct 25, 2021.

Lee Hock Chuan, 20, How Jun Tian, 21, and Ong Tuck Keong, 30, pleaded guilty on Thursday (March 2) to the charges against them under the Copyright Act 1987 and other laws, said Astro in a statement on Friday.

Lee was found in possession of nine TV boxes, of which one was pre-loaded with unauthorised Astro content, while How was found in possession of 23 TV boxes, of which three were pre-loaded with unauthorised Astro content.

Astro, in the statement, noted that the Copyright (Amendment) Act 2022 was gazetted in February 2022. Enforcement of the law was implemented by the Domestic Trade and Consumer Affairs Ministry on March 18, 2022.

The key impact of the amendment is the criminalisation of the sale of ISDs and associated software applications that allow unauthorised access to copyrighted content. Anyone found guilty can be fined up to RM200,000, imprisoned for up to 20 years, or both.

The amendments to the Copyright Act followed the declaration by the Intellectual Property High Court in Kuala Lumpur in May 2021 that the sale, offer for sale, distribution and/or supply of ISDs that can provide unauthorised access to copyrighted works, constitutes copyright infringement under the Copyright Act 1987.

Posted by imbravo > 2 weeks ago | Report Abuse

fly

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Why fly when forex break 4.52 lol

Posted by imbravo > 2 weeks ago | Report Abuse

based on technical analysis...haha

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Qtr result very strong??, bravo FIFa world cup!!

Posted by tts752 > 2 weeks ago | Report Abuse

privatisation?

Posted by imbravo > 2 weeks ago | Report Abuse

fly fly fly

Posted by troy88 > 2 weeks ago | Report Abuse

Why suddenly goreng up so much?

Posted by tts752 > 2 weeks ago | Report Abuse

huge volume

Posted by dragon328 > 2 weeks ago | Report Abuse

Astro operating cashflows are very strong at over RM1.0 billion every year, capex for 2023 should be lower as there will be no major sports events this year hence content costs should be lower by at least RM200m

Posted by dragon328 > 2 weeks ago | Report Abuse

Privatisation cannot be discounted as Ananda would need to fork out some RM2.1 billion to buy out the remaining shares not owned by him, and would be entitled to 100% of Astro strong cashflows every year. He may then choose to re-list it few years later once Astro manages to stop the slide in subscribers

Posted by BursaKakis > 2 weeks ago | Report Abuse

BursaKakis

Astro @ 0.595 Feb 9, 2023

Steeply oversold. Valuations are undemanding at 6.9x FY1/24 P/E with superb DY of 10%, and an eventual recovery in its subscription and advertising revenue would signal an inflection point which could result in a re-rating catalyst for Astro - HLIB Feb 10, 2023

3 weeks ago

Astro rebounded strongly adding 12 cts to close @ 0.73 on March 8, 2023

Posted by dragon328 > 2 weeks ago | Report Abuse

But I am not suggesting anyone to chase it at current price as I suspect any privatisation would not offer anything higher than RM0.75.

Posted by Winliao > 2 weeks ago | Report Abuse

No way u think shareholders so stoopid to approve 75c??

Minimum must be 90c la if serious about privatisation

Posted by Jaeger > 2 weeks ago | Report Abuse

Astro and catcha....fly so high today

Posted by jonathanlum > 2 weeks ago | Report Abuse

if the current business is good...do you think the big share holder will privatize it?
if the business downtrend, do you buyer will pay high price to buy?

Posted by jonathanlum > 2 weeks ago | Report Abuse

ask your self...if you are the buyer...will pay higher price to buy a downtrend business?

Posted by Eric Lim > 2 weeks ago | Report Abuse

today have new show on Astro, One Day Show

Posted by birkincollector > 2 weeks ago | Report Abuse

but vol extraordinary high....could be true but timing

Posted by troy88 > 2 weeks ago | Report Abuse

Seems like some dirty sharks play pump and dump

Posted by jack2 > 1 week ago | Report Abuse

same old pattern, likely will happen a year later

Posted by tts752 > 1 week ago | Report Abuse

此地无银三百两

Posted by tts752 > 1 week ago | Report Abuse

privatise is very likely, same pattern on Wednesday...crazy buying volume now

Posted by brandon99 > 1 week ago | Report Abuse

Wait for the wind to wind down...

Same every time...

Posted by tts752 > 1 week ago | Report Abuse

万事俱备，只欠东风。

Posted by brandon99 > 1 week ago | Report Abuse

After spreading fake wind, sharks will go hiding. Same every time.

Astro is still lacking 4K content although with Ultra Box (sounds like UHD or 4K). Only 1 or 2 sport channel has 4K. Even YouTube is flooded with 4K capable videos. Astro still needs capital to buy more 4K content (capital insurance from shareholders) before taking themselves private (stop sharing profit).

Posted by birkincollector > 1 week ago | Report Abuse

gogo tumpang Michelle Yeoh lol

Posted by tts752 > 1 week ago | Report Abuse

again crazy volume

Posted by tts752 > 1 week ago | Report Abuse

lets watch the show

Posted by Vhydro > 1 week ago | Report Abuse

陈剑 blow water again

Posted by brandon99 > 6 days ago | Report Abuse

TVB price terrible yesterday.

Posted by birkincollector > 6 days ago | Report Abuse

nice gogogo

Posted by tts752 > 6 days ago | Report Abuse

vrooooooom

Posted by tts752 > 6 days ago | Report Abuse

finally is coming

Posted by birkincollector > 6 days ago | Report Abuse

great move

Posted by hhhiii123 > 6 days ago | Report Abuse

Something big is coming? Got chance to fly back 0.90 or not, haha

Posted by linges > 6 days ago | Report Abuse

QR result by end of Mac..expecting big profit???

Posted by Income > 6 days ago | Report Abuse

Astro very beautiful… blink Blink

Posted by wakarimas > 5 days ago | Report Abuse

fishy, something big brewing. Might follow bstead?

Posted by Income > 4 days ago | Report Abuse

Addictive Astro?

Posted by investingiscommonsen > 3 days ago | Report Abuse

hi , below is my little thought on astro, feel free to give any comments

https://klse.i3investor.com/web/blog/detail/investmentknowledge/2023-03-20-story-h-275973746-astro_analysis

Posted by tts752 > 16 hours ago | Report Abuse

another round of huge volume today

Posted by Income > 16 hours ago | Report Abuse

Addicted to…

Posted by tts752 > 15 hours ago | Report Abuse

predicted to...

Posted by speakup > 13 hours ago | Report Abuse

Astro in sunset industry. Cannot fight Netflix & Hotstar

Posted by speakup > 13 hours ago | Report Abuse

Dah lama speakup cut my astro line

Posted by Income > 12 hours ago | Report Abuse

Addicted to…