Posted by TheMiddle > 2018-10-30 21:56 | Report Abuse

EPF huge dispose, Ananda huge acquire. @@

Posted by linges > 2018-10-30 22:18 | Report Abuse

Should we follow AK??? Or he might bring us to Holland?? All depends on Budget 2019, whether Astro could maintain their business exclusivity...

Posted by Alex™ > 2018-10-30 22:20 | Report Abuse

who still watch astro?

Posted by KLCI Going Heaven > 2018-10-30 22:20 | Report Abuse

me BBC channel evelidei

Posted by BillyK > 2018-10-31 08:37 | Report Abuse

wait for 1.0

Posted by laychee > 2018-11-01 15:46 | Report Abuse

It is just a gamble now whether Harapan will forcefully destroy Astro or not tomorrow. It is a destroy just for sake of destroying with no winner. If destroyed successfully Harapan will gain authority to scare away potential monopoly in the future.

Posted by Underdog888 > 2018-11-02 12:28 | Report Abuse

Buy now regrets later!

Posted by laychee > 2018-11-02 12:34 | Report Abuse

Not sure who Harapan will punish later today. Most likely rich people, rich company and GLCs.

Posted by Underdog888 > 2018-11-02 20:41 | Report Abuse

Buy now and hold till Ananda buy back from you at 2.0.. Hehehehe

Posted by laychee > 2018-11-02 21:28 | Report Abuse

Ananda already bought a lot lah! Damn, just sold today. Harapan even tax Netflix. Goblind is helping Astro to get rid of potential competitor. Maybe that's a thank you for sponsoring World Cup.

Posted by zerocool7199 > 2018-11-04 14:30 | Report Abuse

No worth to buy in this counter right now..you are gambling with

Posted by Victor Yong > 2018-11-07 10:34 | Report Abuse

can make money from privatisatoon of astro kah?
PETALING JAYA: It would be financially feasible should tycoon Tan Sri Ananda Krishnan, Khazanah Nasional Bhd, and bumiputra foundations decide to take Astro Malaysia Holdings Bhd private again, at a share price of up to RM2.

According to Maybank IB Research, it will only take two to three years of earnings before interest, taxes, depreciation, and amortisation (Ebitda) to recover the capital to take Astro private.

Ananda, Khazanah Nasional and bumiputra foundations collectively own 70.7% equity in Astro.

Ananda, Astro’s largest shareholder, bought 16.1 million Astro shares since June this year, thereby increasing his shareholding in Astro to 41.2%.

“While Bursa Malaysia filings did not reveal the price Ananda paid for them but a cursory check on the last price of Astro shares on the days he bought them revealed that most of the shares were bought at prices that were higher than the current price of Astro shares at only RM1.35.

“This means that investors who buy Astro shares today will be buying them at prices not a lot more expensive than when Ananda bought them recently,” said Maybank IB Research.

Astro’s share price fell by 19% since the group reported a record low core net profit for the second quarter financial year 2019.

“We believe that the market has been overly bearish as the underperformance was due to transiently high 2018 FIFA World Cup content cost which compressed Ebitda margin to only 20%.

“Although the currently weak US dollar to ringgit exchange rate will exert upward pressure on other content cost, we expect total content cost to moderate sharply post-2018 FIFA World Cup and Ebitda margins to reflate to 32% to 33%,” said Maybank IB Research.

The research house added that Astro is currently trading at only five times 12-month forward enterprise value (EV)/Ebitda or a whopping four standard deviation below its post-initial public offering (IPO) mean.

Additionally, Astro is trading below the global pay-TV average EV/Ebitda of 7.4 times for 2018 and 7.1 times for 2019.

“If earnings recover in FY20, which Astro and we believe it will, dividend per share (DPS) will also recover.

“Astro did not guide on FY20 total DPS but we opine that a return to 12.5 sen is reasonable as they imply more than 75% dividend payout ratio, its DPR policy.

“Even if Astro pays FY20 total DPS of 10.5 sen, it still implies a very high 7.8% dividend yield,” said Maybank IB Research.

Going forward, the research house expects TV subscription revenue’s year-on-year decline to continue narrowing as consumer sentiment gradually recovers.

Furthermore, Astro is planning to offer privileges to only pay-TV subscribers to entice Android TV box and NJOI viewers to be pay-TV subscribers themselves.

On the regulatory front, Astro is not at risk of being dismantled for being a monopoly and has not been asked to cut prices.

Astro closed 0.7% lower at RM1.34, traded on a volume of 2.36 million shares.

Posted by Victor Yong > 2018-11-07 10:43 | Report Abuse

bilakah privatisation will happen? ;)

MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 02-Nov-2018 Acquired 500,000
MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 31-Oct-2018 Acquired 500,000
MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 29-Oct-2018 Acquired 500,000
MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 26-Oct-2018 Acquired 400,000
MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 25-Oct-2018 Acquired 500,000
MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 24-Oct-2018 Acquired 1,000,000
MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 11-Oct-2018 Acquired 416,400
MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 04-Oct-2018 Acquired 1,850,000
MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 03-Oct-2018 Acquired 679,500
MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 02-Oct-2018 Acquired 1,078,000
MR ANANDA KRISHNAN TATPARANANDAM ("TAK") 28-Sep-2018 Acquired 2,912,500

Posted by Victor Yong > 2018-11-07 10:47 | Report Abuse

If privatisation happens this year later, much cheaper :)

privatise and relist could make so much money.... easy money for him








Tycoon to take Astro private in $3.4b deal




The planned privatisation of Astro mirrors the corporate strategy Mr Ananda Krishnan (above) employed in Maxis, the country's largest mobile telecommunications company which he took private in 2007. He relisted the telco's Malaysian operations late last year to raise as much as RM12 billion to help finance its Indian and Indonesian businesses.

The Straits Times, March 16, 2010

Ananda Krishnan to acquire public's 27% stake in buyout of satellite TV operator

By Leslie Lopez, Senior Regional Correspondent

KUALA LUMPUR: Tycoon Ananda Krishnan is set to privatise his publicly listed satellite television operator Astro All Asia Networks in an RM8.1 billion (S$3.4 billion) buyout that will rank as one of the region's largest corporate transactions this year.

Under the proposed deal, the Ananda-controlled private investment unit Usaha Tegas and its partners will pay RM4.20 for each Astro share they do not already own in the privatisation plan which was approved over the weekend, bankers close to the situation told The Straits Times.

The buyout price represents a slight premium to the RM4.06 valuation when the company was listed in October 2003.

Shares of the company rose eight sen to RM3.56 apiece at the midday break yesterday before Astro requested that trading be suspended pending an announcement tomorrow.

The privatisation deal represents a slight modification of an earlier plan The Straits Times reported on in mid-2009, which called for the privatisation of Astro's fledgling international business, while retaining the company's listing to house its profitable domestic operations.

Bankers familiar with the situation said that members of the Usaha Tegas board met last Saturday and weighed several options before deciding to take the company private.

The planned privatisation of Astro mirrors the corporate strategy Mr Ananda employed in Maxis, the country's largest mobile telecommunications company which he took private in 2007.

The 71-year-old Mr Ananda, who is ranked among Asia's top three richest tycoons, relisted the telco's Malaysian operations late last year to raise as much as RM12 billion to help finance its Indian and Indonesian businesses.

Bankers believe that Astro's Malaysian operations will be relisted in the next two years to fund the company's India and China operations.

Over the last decade, Mr Ananda has emerged as a powerful force in the region's multimedia sector.

Astro, which has invested over RM1 billion to develop its own content for the region's large Malay-speaking population, beams its services to more than three million households now and bankers say the company's customer base could hit 3.5 million in the next three years.

But its overseas investments have been troublesome. In particular, Astro's foray into Indonesia in a joint venture with the powerful Lippo Group was a disaster after both parties fell out over how to manage the pay-TV business.

Astro, which was forced to make provisions of over RM1 billion for its investment in the Indonesian venture, secured a slight reprieve this month when the Singapore International Arbitration Centre awarded the company US$230 million (S$321 million) in damages in the fallout with the Lippo Group.

But it could be a long time before the Malaysian company receives any payment on the award, which is likely to be contested in the Indonesian courts, bankers said.

Astro has 1.934 billion shares on issue. Mr Ananda's Usaha Tegas controls a commanding 43 per cent interest; Khazanah Holdings, the Malaysian state investment arm modelled along Temasek, holds 22 per cent; and ethnic Malay foundations control 8 per cent.

Bankers said that financing arrangements to acquire the 27 per cent equity stake held by the public under the buyout plan are being finalised.

Posted by Victor Yong > 2018-11-07 10:51 | Report Abuse

IPO price was RM3, privatise now at RM2 again, untung Rm1 :)


Astro slips below IPO price (Update)


Business News

Friday, 7 Feb 2014
3:48 PM MYT





KUALA LUMPUR: Shares of Astro Malaysia Holdings Bhd fell below its initial public offer (IPO) price of RM3 in late Friday trade, trailing the 30-stock FBM KLCI.

At 3.38pm, Astro was down nine sen to RM2.95. There were 3.259 million shares done at price ranging from RM2.91 to RM3.04.


The KLCI rose 10.61 points to 1,808.51. Turnover was 1.45 billion shares valued at RM1.46bil. There were 512 gainers, 244 losers and 298 counters unchanged.

Malaysia's biggest pay-TV firm was listed on Oct 19, 2012. It raised about RM4.6bil, thus also making it South-East Asia's third largest IPO that year.



At RM3, Astro was then valued at about RM15.75bil. When Astro All-Asia Networks plc was taken private in 2010, it was valued at RM4.30 a share or RM8.3bil.
Recent filings showed US-based T. Rowe Price Associates, Inc had been selling some its shares from Jan 28 to 30.



During that period, it disposed of 584,500 shares and reduced its shareholding to 5.12% or 266.08 million shares.

Its 52-week high was RM3.23 on May 31, 2013 and its 52-week low RM2.67 on Feb 26, 2013.

According to Bloomberg data, at the current market price of RM2.95, Astro is trading at a price-to-earnings (P/E) of 36.42 times while the estimated P/E for its financial year ended Jan 31, 2014 was 33.52 times.

Posted by Victor Yong > 2018-11-07 10:53 | Report Abuse

just be patient for rebound :)

Astro Malaysia Holdings Berhad - Bottoming Out
Author: PublicInvest | Publish date: Tue, 23 Oct 2018, 09:20 AM

Since the announcement of a weak 2QFY19 result, Astro’s share price slumped 18.1%. For the coming quarter, we expect an earnings recovery due to normalisation of content cost and adex post-World Cup and tax holiday. At current level, we think that the market has already priced-in the negative factors concerning the Group’s prospects. We reiterate our Outperform call on Astro as we believe the selling pressure is overdone while dividend yield remains attractive at c.7% pa. In addition, its valuation appears to be undemanding (currently trades at only 10.8x PE to FY20F EPS of 12.5 sen, more than 2SD below its 5-year historical average). Another potential catalyst would be the possible merger and/or privatisation by its major shareholder. We maintain our earnings estimates and DCF based TP of RM2.00.

Convergence is the key to staying relevant in the long run. Astro is currently facing the risk of regulatory pressure with the new government planning to liberalise and promote competition in the pay-TV segment (as mentioned in the PH manifesto and mid-term review of 11th Malaysia Plan – to review and streamline the role of monopoly entities) through distribution of more broadcasting licenses to new players. While it may be challenging for new players to survive in the long term given the capex-intensive nature of the industry, heavy investment required for content cost and the exclusivity of broadcasting rights, a foreign convergence player which has experience in telecommunication and media industries could still post an unprecedented threat to the local pay-TV incumbent. In our view, a merger with Maxis would be able to address this issue and enable Astro to compete effectively as a convergence player, offering disparate mobile, fixed broadband and pay TV services in a single package. We also worked out the potential impact of a merger deal (report entitled An Undeniable Marriage?, dated 26th July 2018) and concluded that it is favourable to Astro as the shares will mostly likely be priced at a premium in the deal and the combined entity will benefit from earnings accretion being a convergence player.
Expect earnings recovery. To recap, despite recording flat revenue, Astro’s normalised net profit slumped by 80.8% YoY to RM46.6m in 2QFY19, mainly hit by i) the jump in content cost for 2018 FIFA World Cup broadcasting rights and worsen by the weaker ringgit, ii) the weaker-than-expected adex due to the reduced need to advertise during the tax holiday period (June-Aug 2018) and iii) the higher finance cost. Post 2018 FIFA World Cup and tax holiday (only one month falls on 3QFY19) however, we expect both the exceptionally high content cost and weak adex to normalise and hence the Group’s results to recover in the subsequent quarter.
Possible for bottom fishing? Astro’s share price slumped 18.1% since the announcement of weak 2QFY19 results. At the current level, we think that the recent selldown of the shares is overdone. Currently, the stocks trades at only 10.8x PE to FY20F EPS of 12.5 sen (more than 2SD below its 5-year historical average) and offers compelling dividend yield of c.7% pa. In addition, we also note that the single largest shareholder (T. Ananda Krishnan) has been accumulating Astro’s shares in the market of late (Total shares bought since June 2018: 14.2m). Based on our technical idea (dated 21st October 2018), Astro is potentially forming a double bottom chart pattern. We anticipate a continuous improvement in both momentum and trend in near term that may lead price higher to subsequent resistance level of RM1.53.
Source: PublicInvest Research - 23 Oct 2018

Posted by LuckyG > 2018-11-07 10:58 | Report Abuse

good buy

Posted by somersby > 2018-11-07 11:03 | Report Abuse

tv box kills astro

Posted by Victor Yong > 2018-11-07 11:08 | Report Abuse

quite volatile daily within certain range daily... good for shortseller, contra player, investor, etc.


Date Open Range Close Change Volume
05/11/2018 1.41 1.35 - 1.41 1.37 -0.02 (1.44%) 1,651,600
02/11/2018 1.34 1.34 - 1.40 1.39 +0.05 (3.73%) 5,141,500
01/11/2018 1.33 1.30 - 1.35 1.34 -0.01 (0.74%) 2,356,400
31/10/2018 1.31 1.27 - 1.35 1.35 +0.06 (4.65%) 6,908,500
30/10/2018 1.34 1.29 - 1.38 1.29 -0.07 (5.15%) 2,660,100
29/10/2018 1.31 1.28 - 1.36 1.36 +0.04 (3.03%) 4,228,400
26/10/2018 1.29 1.26 - 1.32 1.32 +0.04 (3.13%) 1,830,600
25/10/2018 1.25 1.22 - 1.28 1.28 +0.01 (0.79%) 1,875,300
24/10/2018 1.26 1.21 - 1.28 1.27 +0.02 (1.60%) 5,367,100
23/10/2018 1.38 1.25 - 1.38 1.25 -0.10 (7.41%) 6,159,900
22/10/2018 1.40 1.35 - 1.40 1.35 -0.05 (3.57%) 803,700
19/10/2018 1.34 1.31 - 1.40 1.40 +0.07 (5.26%) 19,616,700
18/10/2018 1.36 1.33 - 1.39 1.33 -0.04 (2.92%) 2,185,800
17/10/2018 1.38 1.37 - 1.41 1.37 +0.01 (0.74%) 1,985,400
16/10/2018 1.37 1.33 - 1.39 1.36 0.00 (0.00%) 3,390,800
15/10/2018 1.44 1.36 - 1.44 1.36 -0.08 (5.56%) 1,909,300
12/10/2018 1.45 1.42 - 1.48 1.44 -0.02 (1.37%) 2,418,600
11/10/2018 1.38 1.32 - 1.49 1.46 +0.07 (5.04%) 9,961,300
10/10/2018 1.47 1.39 - 1.47 1.39 -0.06 (4.14%) 3,133,300

Posted by Victor Yong > 2018-11-07 11:41 | Report Abuse

already tumbled about 40% ytd.

Between Aug 28 and Oct 21, the index shed 7.87% to touch 1,683.06 points. Last Friday, it closed at 1,713.87.

Among the FBM KLCI’s 30 constituents, Telekom Malaysia Bhd has been the biggest loser, having fallen by over 61% year to date as at last Friday.

Other major losers include Astro Malaysia Holdings Bhd (38.22%), Axiata Group Bhd (36.31%) and YTL Corp Bhd (22.63%).

Posted by Victor Yong > 2018-11-07 11:49 | Report Abuse

true or false? :)

ASTRO Malaysia’s (Astro) announcement of a weak second quarter (2QFY19) result saw share prices slumped to 18.1%..
For the coming quarter, we expect an earnings recovery due to normalisation of content cost and adex post-World Cup and tax holiday.

Posted by Victor Yong > 2018-11-07 11:51 | Report Abuse

astro is very disciplined, usually release its q3 results on dec 7 :)

Posted by Victor Yong > 2018-11-07 11:57 | Report Abuse

based on current price, dividend is about 9%, cash cow for EPF too to fund its dividend payout for EPF holders :)

PETALING JAYA: It would be financially feasible should tycoon Tan Sri Ananda Krishnan, Khazanah Nasional Bhd, and bumiputra foundations decide to take Astro Malaysia Holdings Bhd private again, at a share price of up to RM2.

According to Maybank IB Research, it will only take two to three years of earnings before interest, taxes, depreciation, and amortisation (Ebitda) to recover the capital to take Astro private.

Ananda, Khazanah Nasional and bumiputra foundations collectively own 70.7% equity in Astro.

Posted by Victor Yong > 2018-11-07 11:58 | Report Abuse

EPF still ada more than 8% in astro :)

Total no of securities after change
Direct (units) 420,165,200
Direct (%) 8.06
Indirect (units) 0
Indirect (%) 0.00
Total (units) 420,165,200
Total (%) 8.06
Date of Notice 02-Nov-2018

Posted by Victor Yong > 2018-11-07 12:03 | Report Abuse

just buy and hold till another dividend ex-date in dec 2018... next month only.... get dividend and Q3 results,,,,, expecting a normalised quarterly results for Q3... then the price will rebound quickly... even without any announcement of privatisation :)

Posted by Victor Yong > 2018-11-07 12:12 | Report Abuse

very likely above 1.5 at least after the normalised quarterly results has been released next month, fingers crossed

Posted by laychee > 2018-11-07 12:22 | Report Abuse

A lots of haters for this company especially those who own TV box illegally. They don't watch news or documentary and have limited knowledge about human. Hope they don't watch drama from China and Korean as drama from these countries likes to portray skewed reality and negative mindset to others. Those from Taiwan, Japan and Hong Kong are ok. Those from Singapore are getting worse. The mindset is getting bad. They tend to make human really bad.

Also Budget 2019 give huge incentive to local film makers. Although Astro won't be eligible as it is a big company but you can the new gov is welcoming local production. If you watch Astro before, Astro has a lots of programs about local events. The recent up close and personal interview with DAP leaders was really good, a lots of things that we didn't know revealed...

Posted by Victor Yong > 2018-11-07 12:23 | Report Abuse

30 largest shareholders holde about 90% of the total shares issued... :)

TOTAL 4,651,552,832 (89.21%)


LIST OF 30 LARGEST SHAREHOLDERS
as at 10 April 2018 (Based on Record of Depositors of the Company)
No. Name
No. of
ordinary
shares
% of
issued
shares
1. Pantai Cahaya Bulan Ventures Sdn Bhd 1,077,735,927 20.67
2. All Asia Media Equities Ltd 1,013,297,290 19.43
3. East Asia Broadcast Network Systems N.V. 421,939,707 8.09
4. Citigroup Nominees (Tempatan) Sdn Bhd – Employees Provident Fund Board 405,960,100 7.79
5. Usaha Tegas Entertainment Systems Sdn Bhd 235,778,182 4.52
6. Amanahraya Trustees Berhad – Amanah Saham Bumiputera 155,737,400 2.99
7. Pacific Broadcast Systems N.V. 140,646,620 2.70
8. Berkat Nusantara Sdn Bhd 140,646,568 2.70
9. Home View Limited N.V. 140,646,568 2.70
10. Nusantara Cempaka Sdn Bhd 140,646,568 2.70
11. Nusantara Delima Sdn Bhd 140,646,568 2.70
12. Southpac Investments Limited N.V. 140,646,568 2.70
13. HSBC Nominees (Asing) Sdn Bhd
- JPMCB NA for T.Rowe Price International Funds, Inc. – T.Rowe Price International Stock Fund
73,551,800 1.41
14. Cartaban Nominees (Asing) Sdn Bhd – Exempt AN for State Street Bank & Trust Company
(West CLTOD67)
56,255,000 1.08
15. Amanahraya Trustees Berhad – Amanah Saham Malaysia 51,511,800 0.99
16. Amanahraya Trustees Berhad – Amanah Saham Wawasan 2020 50,703,900 0.97
17. HSBC Nominees (Asing) Sdn Bhd – JPMCB NA for Vanguard Emerging Markets Stock
Index Fund
36,719,473 0.70
18. HSBC Nominees (Asing) Sdn Bhd – JPMCB NA for Vanguard Total International Stock
Index Fund
26,212,600 0.50
19. Permodalan Nasional Berhad 22,154,400 0.42
20. Kumpulan Wang Persaraan (Diperbadankan) 20,947,400 0.40
21. Amanahraya Trustees Berhad – As 1Malaysia 19,541,000 0.37
22. HSBC Nominees (Asing) Sdn Bhd – JPMCB NA for T.Rowe Price International Growth
Equity Trust
17,761,600 0.34
23. Citigroup Nominees (Asing) Sdn Bhd – UBS AG 16,193,390 0.31
24. RHB Nominees (Tempatan) Sdn Bhd – OSK Capital Sdn Bhd For Yayasan Islam Terengganu 16,130,000 0.31
25. Mujur Nusantara Sdn Bhd 16,073,887 0.31
26. Cartaban Nominees (Asing) Sdn Bhd – BBH And Co Boston for WGI Emerging Markets
Smaller CompaniesFund, LLC
15,972,400 0.31
27. Sanjung Nusantara Sdn Bhd 14,734,417 0.28
28. Amanahraya Trustees Berhad – Amanah Saham Bumiputera 2 14,728,000 0.28
29. CIMSEC Nominees (Tempatan) Sdn Bhd – CIMB for Tiara Gateway Sdn Bhd (PB) 14,638,800 0.28
30. Ujud Cergas Sdn Bhd 13,394,899 0.26

Posted by Victor Yong > 2018-11-07 12:56 | Report Abuse

astro has expanded and penentrated into few foreign countries also... :)

Timeline History
1996 — The Astro subscription service begins and named ASTRO All Asia Network plc was incorporated in England and Wales, and Japan.
1997 — Achieved Multimedia Super Corridor status.
2003 — Astro acquired Celestial Pictures and Philippine-based animation studio.
April 2005 — the company acquired Time Highway Radio radio network, which is Malaysia's private Indian radio station. Astro launched Malaysia's first subscription IPTV channels based on content licensed from Goal TV (English Premier League Soccer club TV for Liverpool, Chelsea and others) and Akademi Fantasia, a localised version of an Endemol's Fame Academy.
June 2005 — Astro acquired Yes Television (Hong Kong) Limited and Goal TV Asia Limited to distribute broadband and broadcast content in the region.
2006 — Rohana Rozhan CFO of AAAN elected as CEO of the Astro Malaysia and Brunei-based pay TV businesses.
2006 — Astro launches Astro MAX, Malaysia's first PVR service.
2007 — Astro launches VoD services, adding Hong Kong TVB dramas to on-demand content. (Astro On Demand is not a real VoD service as customers cannot request for videos at any time, but can follow multi-broadcasting during a certain period of the day on different channels)
28 April 2008 - Astro cảm xúc was first launched in Vietnam as a product between HTVC and Astro. Six months later, Astro cảm xúc appeared on Vietnam Cable Television.
14 June 2010 - AAAN was de-listed from the Main Market of Bursa Malaysia Securities Berhad following a successful take-over offer by Usaha Tegas Sdn Bhd and company name has been changed to Astro Holdings Sdn Bhd
2011 - Established ASTRO Malaysia Holdings Berhad as preparation for re-list to the Main Market of Bursa Malaysia.
2012 - ASTRO Malaysia Holdings Berhad listed to the Main Market of Bursa Malaysia.

Posted by laychee > 2018-11-07 12:57 | Report Abuse

Why suddenly an Astro promoter here?

Posted by Victor Yong > 2018-11-07 13:12 | Report Abuse

@laychee... good potential stock... :)

Posted by Victor Yong > 2018-11-07 14:32 | Report Abuse

great potential to rebound :)

05/11/2018 1.41 1.35 - 1.41 1.37 -0.02 (1.44%) 1,651,600
02/11/2018 1.34 1.34 - 1.40 1.39 +0.05 (3.73%) 5,141,500
01/11/2018 1.33 1.30 - 1.35 1.34 -0.01 (0.74%) 2,356,400
31/10/2018 1.31 1.27 - 1.35 1.35 +0.06 (4.65%) 6,908,500
30/10/2018 1.34 1.29 - 1.38 1.29 -0.07 (5.15%) 2,660,100
29/10/2018 1.31 1.28 - 1.36 1.36 +0.04 (3.03%) 4,228,400
26/10/2018 1.29 1.26 - 1.32 1.32 +0.04 (3.13%) 1,830,600
25/10/2018 1.25 1.22 - 1.28 1.28 +0.01 (0.79%) 1,875,300
24/10/2018 1.26 1.21 - 1.28 1.27 +0.02 (1.60%) 5,367,100
23/10/2018 1.38 1.25 - 1.38 1.25 -0.10 (7.41%) 6,159,900
22/10/2018 1.40 1.35 - 1.40 1.35 -0.05 (3.57%) 803,700
19/10/2018 1.34 1.31 - 1.40 1.40 +0.07 (5.26%) 19,616,700
18/10/2018 1.36 1.33 - 1.39 1.33 -0.04 (2.92%) 2,185,800
17/10/2018 1.38 1.37 - 1.41 1.37 +0.01 (0.74%) 1,985,400
16/10/2018 1.37 1.33 - 1.39 1.36 0.00 (0.00%) 3,390,800
15/10/2018 1.44 1.36 - 1.44 1.36 -0.08 (5.56%) 1,909,300
12/10/2018 1.45 1.42 - 1.48 1.44 -0.02 (1.37%) 2,418,600
11/10/2018 1.38 1.32 - 1.49 1.46 +0.07 (5.04%) 9,961,300
10/10/2018 1.47 1.39 - 1.47 1.39 -0.06 (4.14%) 3,133,300

Posted by LuckyG > 2018-11-07 14:45 | Report Abuse

1.20 i am waiting at 1.20 .history low . should be good buy lol

Posted by Tan Chinhoe > 2018-11-07 14:53 | Report Abuse

Yes, can start collect 1.20

Posted by ray1980 > 2018-11-07 14:56 | Report Abuse

Opportunity q buy @ 1.20 to 1.25 coming!!!

Posted by ray1980 > 2018-11-07 14:59 | Report Abuse

When global situation change,we get chance q buy!Ha ha...

Posted by Victor Yong > 2018-11-07 15:26 | Report Abuse

ANALYSIS OF PERFORMANCE
(a) Performance of the current quarter (Second Quarter FY19) against the corresponding quarter (Second
Quarter FY18) (continued):
Consolidated Performance
Revenue
Revenue for the current quarter of RM1,416.5m was marginally lower by RM3.2m or 0.2% against corresponding
quarter of RM1,419.7m. This was mainly due to a decrease in subscription and advertising revenue, offset by
higher merchandise sales, licensing income and sales of programme broadcast rights. The decrease in subscription
revenue was mainly due to lower package take-up and the decrease in advertising revenue was due to lower
spending over festivities as compared to corresponding quarter. The increase in merchandise sales was due to
increase in number of products sold, mainly driven by the tactical campaigns executed for the current quarter.
EBITDA margin
EBITDA margin decreased by 18.4% against corresponding quarter mainly due to higher content costs from FIFA
World Cup and higher cost of merchandise sales.

Posted by Michael87 > 2018-11-07 15:50 | Report Abuse

Why EPF keep dispose? must be something fishy

Posted by Tan Chinhoe > 2018-11-07 17:09 | Report Abuse

After pull back will have some rebound cause fund will have window racing

Posted by angkokann > 2018-11-07 17:58 | Report Abuse

too bad this ASTRO, soon below rm1

Posted by Tan Chinhoe > 2018-11-07 18:27 | Report Abuse

Hahaha, collect more if price show undervalue

Posted by Jon Choivo > 2018-11-07 18:33 | Report Abuse

At this price, its not the worst idea to buy astro.

Posted by Tan Chinhoe > 2018-11-07 18:42 | Report Abuse

The price are near the bottom,

Posted by laychee > 2018-11-07 18:47 | Report Abuse

Epf keeps selling, Ananda keeps buying. Grab some popcorn and keep watching.

Posted by Tan Chinhoe > 2018-11-07 18:58 | Report Abuse

I think got insider news, let watch

Posted by somo1 > 2018-11-07 19:12 | Report Abuse

victor yong, thanks for the background history and shareholders' analysis. looks like EPF with over 400 million shareholdings, we can still expect to see much price weakness as it continues to unload Astro. worst still, should other institutional holders also join in the SELL bandwagon, and quit holding Astro once and for all as the pain inflicted on them becomes unbearable. Imagine these institutional investors hold it since IPO price of $3.00... Ouch!!!

Posted by newbie188 > 2018-11-07 21:51 | Report Abuse

EPF keep dispose? not really...still maintain ard 8% share, early of year not more than 8% share hold

Posted by naruko > 2018-11-08 07:02 | Report Abuse

Again..buy slowly
Epf doesn't reflect stock value, do your judgement

Posted by tzerteoh > 2018-11-08 09:17 | Report Abuse

and dont know who is the one keep on pressing the price, huge block at 1.29

Posted by ray1980 > 2018-11-08 09:24 | Report Abuse

After I monitor this few days movement,I saw when after deep dropped,the price will be rebound back using two or three four days with low volume put up.After that they would sell down from high peak price.This is their trading style.