ASTRO MALAYSIA HOLDINGS BERHAD

KLSE (MYR): ASTRO (6399)

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Last Price

0.23

Today's Change

+0.005 (2.22%)

Day's Change

0.225 - 0.23

Trading Volume

1,934,300


20 people like this.

8,242 comment(s). Last comment by nisah395 1 week ago

Bigriver

175 posts

Posted by Bigriver > 2018-11-12 17:00 | Report Abuse

Drop more pls

laychee

1,743 posts

Posted by laychee > 2018-11-12 17:07 | Report Abuse

Something is trying hard to push the price down. Reminds me of the last pre-privatisation stage.

Press down until you cannot tahan and you sell at very low price and suddenly the stock gets suspended. When it is opened, it is priced at very high price. TAK will win no matter how you try to benefit from this stock.

ray1980

2,992 posts

Posted by ray1980 > 2018-11-12 17:14 | Report Abuse

Down n down,then told private it.If drop to 1.00 then suspend.Then announcement private price 1.30.Wow,30% gain from 1.00.Big boss good!This story would be happen? This is bad new for who bought at high price.Shit...

gladiator

680 posts

Posted by gladiator > 2018-11-12 17:17 | Report Abuse

private price 1.30 too low should be 2.00 drop to 1.00 is 100% gain wow...

ray1980

2,992 posts

Posted by ray1980 > 2018-11-12 17:21 | Report Abuse

Share price push down easy for private,if drop to 1.00 then announce private private at 2.00 is not possible.

apolloang

18,163 posts

Posted by apolloang > 2018-11-12 17:24 | Report Abuse

if down to 1.00 sure no mgo at 2.00,maybe 1.30 only

apolloang

18,163 posts

Posted by apolloang > 2018-11-12 17:25 | Report Abuse

semua wanna cheat the rakyat like that msia mana can success one

ray1980

2,992 posts

Posted by ray1980 > 2018-11-12 18:17 | Report Abuse

US public holiday today!

linges

2,701 posts

Posted by linges > 2018-11-12 18:28 | Report Abuse

@Yong although EPF is buying more than selling less but the price continued to fall :)

most important point to take note :)

Posted by Tan Chinhoe > 2018-11-12 19:14 | Report Abuse

Still good chance to collect at low price

Posted by Tan Chinhoe > 2018-11-12 19:16 | Report Abuse

Will follow ray1980 strategies

jack2

1,359 posts

Posted by jack2 > 2018-11-12 19:47 | Report Abuse

AK also buy less 500k only. Really chicken feed. Dont look good
Probably expect to buy more at lower price

laychee

1,743 posts

Posted by laychee > 2018-11-12 20:10 | Report Abuse

Just don't know which one is pushing down the price. Most likely institutions. They are expecting the worst.

Posted by Tan Chinhoe > 2018-11-12 20:31 | Report Abuse

Next week will rebound back after fall this week

Posted by Tan Chinhoe > 2018-11-12 20:34 | Report Abuse

1.10 will be good support, lets see

ray1980

2,992 posts

Posted by ray1980 > 2018-11-12 21:01 | Report Abuse

Cannot drop like NO reason,No meaning for drop!Hope can rebound after more day dropped!

laychee

1,743 posts

Posted by laychee > 2018-11-12 21:13 | Report Abuse

Reason: 1) Government was trying to destroy this company. 2) New competition can come any time. 3) Takeover by Maxis can be painful. 4) Poor last quarter result. 5) Too much uncertainties for any institutions to handle.

ray1980

2,992 posts

Posted by ray1980 > 2018-11-12 21:16 | Report Abuse

Big boss hold 41%++,Epf hold 8%++.

Posted by Tan Chinhoe > 2018-11-12 21:41 | Report Abuse

Agree, can accumulate more before price jump

jack2

1,359 posts

Posted by jack2 > 2018-11-12 21:45 | Report Abuse

Next quarter result shud be below expectation

Posted by Tan Chinhoe > 2018-11-12 21:51 | Report Abuse

EPF start accumulate st low price, seen the price are overact.

ray1980

2,992 posts

Posted by ray1980 > 2018-11-12 22:38 | Report Abuse

US open red against!Bad situation now,disappointed performance!

Wuzy

1,579 posts

Posted by Wuzy > 2018-11-12 22:50 | Report Abuse

why keep laosai non-stop, when going rebound for real

Posted by Vincent5525 > 2018-11-13 00:08 | Report Abuse

Guys, beware for economic crisis

freddiehero

16,722 posts

Posted by freddiehero > 2018-11-13 07:29 | Report Abuse

coming 1.0 soon..

ray1980

2,992 posts

Posted by ray1980 > 2018-11-13 07:47 | Report Abuse

US big dropped...,no eye see...

Mytrd

617 posts

Posted by Mytrd > 2018-11-13 08:06 | Report Abuse

i bet today astro will close green. dun worry.

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-11-13 08:41 | Report Abuse

all analysts seem useless :)

Date Price Target Source News
23/10/2018 2.00 PUBLIC BANK Price Target News
27/09/2018 2.00 PUBLIC BANK Price Target News
27/09/2018 1.55 MIDF Price Target News
27/09/2018 1.60 KENANGA Price Target News
27/09/2018 1.77 HLG Price Target News
27/09/2018 1.66 AmInvest Price Target News
27/09/2018 1.77 Affin Hwang Capital Price Target News
26/09/2018 1.77 HLG Price Target News
25/09/2018 2.02 HLG Price Target News
10/08/2018 1.81 AmInvest

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-11-13 08:43 | Report Abuse

is the recent fall in price a prelude before privatisation ? :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-11-13 08:53 | Report Abuse

probably the cheaper price now is easier for the major shareholder to privatise astro :)

BillyK

570 posts

Posted by BillyK > 2018-11-13 09:15 | Report Abuse

new low

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-11-13 09:19 | Report Abuse

day by day, New low :)

SUBSTANTIAL SHAREHOLDERS
as at 10 April 2018 (Based on the Register of Substantial Shareholders of the Company)
Name Notes
Direct Indirect
No. of
AMH Shares %
No. of
AMH Shares %
Pantai Cahaya Bulan Ventures Sdn Bhd (“PCBV”) 1,077,735,927 20.67 - -
Khazanah Nasional Berhad (“Khazanah”) (1) - - 1,077,735,927 20.67
All Asia Media Equities Ltd (“AAME”) 1,013,297,290 19.43 - -
Usaha Tegas Entertainment Systems Sdn Bhd (“UTES”) (2) 235,778,182 4.52 1,013,297,290 19.43
Usaha Tegas Sdn Bhd (“UTSB”) (3) - - 1,249,075,472 23.95
Pacific States Investment Limited (“PSIL”) (4) - - 1,249,075,472 23.95
Excorp Holdings N.V. (“Excorp”) (5) - - 1,249,075,472 23.95
PanOcean Management Limited (“PanOcean”) (5) - - 1,249,075,472 23.95
East Asia Broadcast Network Systems N.V. (“EABNS”) 421,939,707 8.09 - -
East Asia Broadcast Systems Holdings N.V. (“EABSH”) (6) - - 421,939,707 8.09
Tucson N.V. (“Tucson”) (7) - - 421,939,707 8.09
Ananda Krishnan Tatparanandam (“TAK”) (8) - - 2,133,139,626 40.91
Harapan Terus Sdn Bhd (“HTSB”) (9) - - 462,124,447 8.86
Dato’ Haji Badri bin Haji Masri (“DB”) (10) - - 462,124,447 8.86
Tun Haji Mohammed Hanif bin Omar (“THO”) (10) - - 462,124,447 8.86
Mohamad Shahrin bin Merican (“MSM”) (10) 200,000 0.00* 462,124,447 8.86
Employees Provident Fund Board (“EPF”) (11) 405,960,100 7.79 - -

tnang

696 posts

Posted by tnang > 2018-11-13 09:22 | Report Abuse

how low it can be???

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-11-13 09:28 | Report Abuse

khazanah plus epf shareholdings are about 30%, so , astro is also a GLC , right ? :)

jack2

1,359 posts

Posted by jack2 > 2018-11-13 09:29 | Report Abuse

Penny?

ray1980

2,992 posts

Posted by ray1980 > 2018-11-13 09:31 | Report Abuse

Technical talk:share price drop to unknow level,because broken down support 1.21 already.Becareful...

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-11-13 09:35 | Report Abuse

would history repeat itself? :)

In 2010, its shareholders including Ananda offered to take the company private for a price of RM4.30 per share.

The company had a market capitalisation of RM8.3bil at that time.

On Oct 19, 2012, Astro was re-listed, minus its overseas assets, as Astro Malaysia Holdings Bhd with an IPO price of RM3 per share. It was reported that this valuation was at a price-to-earnings ratio of 24 times.

The overseas operations included its investments in India, which had not done well.

The company garnered RM4.55bil for its IPO, and was the country’s third-largest IPO in the year behind IHH Healthcare Bhd.

Even without the EPF’s participation in the listing, Astro Malaysia’s IPO attracted fairly strong interest from other institutional investors, who bid for 30 times more stock than they had been allocated.

When it was listed, it was reported that Astro Malaysia had secured 22 cornerstone investors, including tycoon Tan Sri Chua Ma Yu, Kencana Capital Libra Investment Sdn Bhd and Great Eastern Life Assurance.

However, Astro Malaysia’s listing didn’t meet the expectations of the new shareholders when the stock opened with a 1% premium to its IPO price of RM3 a share and closed the day unchanged from the price shareholders had paid.

Apart from Astro, Ananda had previously delisted and relisted other undervalued companies under his stable such as Maxis Bhd and Bumi Armada Bhd.

Bumi Armada was taken private by Ananda in 2003 and re-listed on Bursa Malaysia in 2011 at an IPO price of RM3.03.

Maxis Communications Bhd was privatised in 2007 and relisted three years later minus its overseas operations as Maxis Bhd.

ray1980

2,992 posts

Posted by ray1980 > 2018-11-13 09:37 | Report Abuse

Victor,how to write long word on here?Truly can teach me how to post here?I am not kidding.

tnang

696 posts

Posted by tnang > 2018-11-13 09:59 | Report Abuse

cannot tahan , queue to buy

naruko

338 posts

Posted by naruko > 2018-11-13 09:59 | Report Abuse

just buy

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-11-13 10:28 | Report Abuse

ananda just continued to buy more... :)


6399 ASTRO ASTRO MALAYSIA HOLDINGS BERHAD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Particulars of Shareholder 36

Name : ANANDA KRISHNAN TATPARANANDAM ("TAK")
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia

Address:
-

Descriptions (Class and Nominal Value):
Ordinary Shares in Astro Malaysia Holdings Berhad ("AMH Shares")


Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement orattachment.To read the entire contents of the announcement or attachment,pleaseaccess the Bursa website at http://www.bursamalaysia.com


Details of Changes

Date of Notice : 09/11/2018

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 08/11/2018 Acquired 500,000 -


Circumstances by reason of which change has occurred:
Increase in the number of AMH Shares over which TAK's deemed interest isheld following the acquisition by Mujur Sanjung Sdn Bhd ("MSSB") in the openmarket of 500,000 AMH Shares representing 0.010% of the equity interest inAstro Malaysia Holdings Berhad ("AMH")

Nature of Interest:
Deemed Interest

Consideration:



No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 2,151,274,026 shares (41.2570%)
Total : 2,151,274,026 shares

Remarks:
You are advised to read the entire contents of the announcement orattachment. To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com

Rex Ang

62 posts

Posted by Rex Ang > 2018-11-13 10:36 | Report Abuse

mungkin sampai 1.00 ...T.T

BillyK

570 posts

Posted by BillyK > 2018-11-13 10:43 | Report Abuse

be patience
market is bad

Posted by Rex Ang > Nov 13, 2018 10:36 AM | Report Abuse

mungkin sampai 1.00 ...T.T

Posted by noname85 > 2018-11-13 10:56 | Report Abuse

Roller coaster counter

laychee

1,743 posts

Posted by laychee > 2018-11-13 11:07 | Report Abuse

It depends on whether got institution dumping or not. All the slumps these few weeks are caused by dumping in 1 minute.

Keep for dividend is OK. When dividend gets too high, company will consider privatisation. (no need public fund to grow, dividend all mask sendiri)

But recent TAK interview revealed it is going to be a merger rather than privatisation. How many Astro share can be converted 1 Maxis share? 2? 3? 5?

Posted by Tan Chinhoe > 2018-11-13 12:21 | Report Abuse

Waiting price 1.10, buy more at that price

laychee

1,743 posts

Posted by laychee > 2018-11-13 12:49 | Report Abuse

My guess of the dumping is due to forthcoming suspension + deal which may cause institutions' accounts to be messy and stuck in the year end report.

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-11-13 13:51 | Report Abuse

good.... khazanah's 20%++ shareholdings in astro wont be sold cheaply if any :)

KUALA LUMPUR (Nov 13): Finance minister Lim Guan Eng has clarified that the government does not plan to sell its non-core assets at fire sale rates, although thre are plans to beef up underperforming assets before putting them up for sale.

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-11-13 14:34 | Report Abuse

IPO price was rm3, can privatise at RM1.50 now haha

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-11-13 14:38 | Report Abuse

total shares issued about 5.2bil... say ananda has 40% already, 60% remaining = 60% x 5.2bil x rm1.5 = about Rm4.6bil only required for privatisation , right? :)

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