Posted by Investormy > 2024-07-12 09:21 | Report Abuse

With RM740mil additional tax, it is safer to sell it now. That’s almost half of the company’s market cap. If Astro want to appeal, they will need to pay the tax first before appeal.

Posted by EatCoconutCanWin > 2024-07-12 09:23 | Report Abuse

Astro mati punya la.. mahai, channel berulang ulang..gila

Posted by Investormy > 2024-07-12 09:25 | Report Abuse

Based on last Quarter result, Astro only got RM158mil cash balance. Unlikely enough to cover the tax assessment of RM740mil. The will need new capital raising exercise and this will dilute minority shareholders.

Posted by Investormy > 2024-07-12 09:27 | Report Abuse

So far, most analyst still sleeping and not yet write a report on this new RM740mil tax assessment. When they wake up and write, expect the shares to be around 15sen. Half the current price.

Posted by onekeyman > 2024-07-12 09:59 | Report Abuse

amen

Posted by NatsukoMishima > 2024-07-12 10:16 | Report Abuse

Astro just like many other paper media will be kept in muzium for history !

Posted by Investormy > 2024-07-12 11:20 | Report Abuse

Analyst already start sell call on Astro. Target price reduced to below 20 sen

Posted by Rocky Mass > 2024-07-12 11:38 | Report Abuse

This is too bad..

Posted by EatCoconutCanWin > 2024-07-12 11:51 | Report Abuse

Cash balance 30million , tax 80million.

Posted by UncleFollower > 2024-07-12 12:40 | Report Abuse

Astro and BAT WERE my favourite counters...count my lucky stars I didn't persevere 😂 By now I think few retailers would have gotten burnt la, all sold already

Posted by stevenckheng > 2024-07-12 12:41 | Report Abuse

tax can request for installment ?

Posted by ks55 > 2024-07-12 23:22 | Report Abuse

At 29 sen, Astro is grossly overpriced. Can wait to see what could be the next support level. Bearing in mind, Astro represents sunset industry. Getting worse as time passes. Must change business model, perhaps go for internet service provider sort of business.

Posted by Teh Diven > 2024-07-13 09:08 | Report Abuse

Go Solar business.

Posted by Teh Diven > 2024-07-13 09:09 | Report Abuse

Later change to AstroLar

Posted by speakup > 2024-07-13 10:04 | Report Abuse

habis!
only hope is announce building a Data Centre. ada customer for its DC takpa, asalkan ada bina DC

Posted by Teh Diven > 2024-07-13 15:20 | Report Abuse

DC + Astrolar or Astroter(Dc)

Posted by Teh Diven > 2024-07-13 15:21 | Report Abuse

Very big land in bukit jalil.
Can do Dc+Solar energy

Posted by speakup > 2024-07-13 16:54 | Report Abuse

Big land better suited for car park bro

Posted by Siow Looi > 2024-07-15 14:58 | Report Abuse

Penny stocks

Posted by Teh Diven > 2024-07-15 17:13 | Report Abuse

Rubbish

Posted by AnndyYSYong > 2024-07-15 17:42 | Report Abuse

Paper lost

Posted by Ron90 > 2024-07-15 17:48 | Report Abuse

one soo big and monopoly entertainment and media indusry, now..waiting time to be buried!! padan muka Astro..million people pray for Astro demise. Dulu.. poor people forced to subscribed/pay if wanna watch World cup/ Uefa, etc..

Posted by Bohya777 > 2024-07-15 18:32 | Report Abuse

Hahaha what u expect

Posted by cheeseburger > 2024-07-16 13:05 | Report Abuse

it shall drop to 10c , base on PE.

Posted by Peaky29 > 2024-08-09 12:22 | Report Abuse

useless counter, everyone up, only you drop hahaha

Posted by JJPTR > 2024-08-17 09:15 | Report Abuse

3.27B of debt. Profit 30m . Servicing loan 160m. Sure die. I thought 90c was cheap, now 27c !!!!! PE@46 . If drop to PE 23, price will have to go down to 13.5c. Even than thev3.2b debt is a huge headache

Posted by cheeseburger > 2024-08-20 21:35 | Report Abuse

it wont last long, once the company unable to service loan and unable to raise fresh fund, you know what is next thing.

Posted by cwc1981 > 2024-08-21 22:28 | Report Abuse

Haha now going after mamak store for money

Posted by UncleFollower > 2024-08-23 14:02 | Report Abuse

This comment actually funny 🤣



cwc1981

Haha now going after mamak store for money

1 day ago

Posted by cheeseburger > 2024-08-29 12:08 | Report Abuse

rm200k is actually very small amount once bring up to court, i wonder how much will this left after deduct the legal cost...

Posted by chamlo > 2024-08-29 14:49 | Report Abuse

Bottom is it 20 sen or even lower?

Posted by Peaky29 > 2024-08-29 18:07 | Report Abuse

bottom is 10c, all hail astro

Posted by cheeseburger > 2024-08-29 23:06 | Report Abuse

avoid this counter.

Posted by Santiago > 2024-08-30 09:53 | Report Abuse

Sunset business..

Posted by UncleFollower > 2024-08-30 17:26 | Report Abuse

Wow even Astro can rebound

Posted by Peaky29 > 2024-09-03 09:38 | Report Abuse

done flushing retailer, time for 32c.

Posted by chamlo > 2024-09-13 11:52 | Report Abuse

QR why no news? Astro subscribers again reduced?

Posted by AlphaCapX > 2 months ago | Report Abuse

All the pessimistic comments. Congratulations to those that held strong. Fantastic QR results albeit lower revenue. Averaging since 25sens. Target at least above 30sen first level and if this level is broken then it will head back to 40sens. Still got 2 big backers in terms of Khazanah and AK.

Posted by Investsmart60 > 2 months ago | Report Abuse

Not very bright fella. “Fantastic results” not from normal operating activities. Finding water fishes.

Posted by i7investors > 2 months ago | Report Abuse

the worst company, termination of astro account they play the hardball. very cumbersome .

Posted by navin88 > 2 months ago | Report Abuse

Sold this shyt counter at 30%+ loss 5 figure, fortunately bought Crypto and made back all my losses. Made the right decision to sell this dead stock

Posted by nisah395 > 1 month ago | Report Abuse

Already 52w low

Posted by chickenriceseller > 3 weeks ago | Report Abuse

ak mati liao. any effect?

Posted by cheeseburger > 3 weeks ago | Report Abuse

for the last 3 yrs $1 dropped to 20c, the best counter in KLSE...

Posted by Solomon007 > 2 weeks ago | Report Abuse

Buying this stock at 20 ish.

Posted by ks55 > 1 week ago | Report Abuse

Better to buy below 20 sen.

Posted by alivetoinvest > 1 week ago | Report Abuse

Price already so low, IB still wanna tp low, haha might as well dont do a report

Posted by Teh Diven > 1 week ago | Report Abuse

Ask them change biz to mini market

Posted by Stocks888 > 3 days ago | Report Abuse

oi naik balik 0.23 pulak… bukan TP 0.10 ke 😅

Posted by alivetoinvest > 3 days ago | Report Abuse

0.8 end of year, those joker investment bankers will be buying high and selling low with retailers funds