Posted by Taugeh > 2012-10-23 14:24 | Report Abuse

watch out, down pour the reservoir

Posted by Rajaratnam Chandrasegaran > 2012-10-23 14:25 | Report Abuse

http://biz.thestar.com.my/news/story.asp?file=/2012/10/23/business/20121023134354&sec=business

How is this possible?

Posted by ganasai > 2012-10-23 14:26 | Report Abuse

less people will hold stock for long term, max is until begin of next year, then start run and keep bullet. this is my strategy. So if want to buy is just for rebound only. if no rebound within this 1-2 weeks, more will throw.

Posted by rich kueh > 2012-10-23 14:34 | Report Abuse

so AK is a terr....

Posted by Nitezzz > 2012-10-23 14:36 | Report Abuse

Drop somemore....like diarrhea

Posted by stock5678 > 2012-10-23 14:37 | Report Abuse

terrorist is not scare because you know they are. But this people sucking money and making you feel hope on it, will "kill you softly" like the stock performance.

Of course he will not let Astro looks too bad. i think 1.50 is possible. If can reach 1.50, i will buy for sure and keep forever until back to 3.00

Posted by rich kueh > 2012-10-23 14:44 | Report Abuse

still dropping

Posted by richchong > 2012-10-23 14:48 | Report Abuse

never,never and never drop below 2.70, otherwise........koyak Astro

Posted by stock5678 > 2012-10-23 14:50 | Report Abuse

as said, sell first. got money, no worry no stock to buy. if not sell now, later will become permanent stakeholder already

Posted by ongtkong > 2012-10-23 14:54 | Report Abuse

Star Biz reported on Tuesday Astro's sell-down could have been driven by cornerstone investors dumping shares as they were not subjected to any lock-up period.

why do the cornerstone investor dump the shares ??? do they subscribe at lower than 3.00 per share ??? anyone knows the price they were offered ???

Posted by HarryChin > 2012-10-23 14:57 | Report Abuse

news: court case 250 million?

Posted by talk2pkc > 2012-10-23 14:59 | Report Abuse

What court case ?

Posted by Ledzepp > 2012-10-23 15:02 | Report Abuse

More can of worms emerging out of this IPO. A court case is in order; as with FB IPO

Posted by HarryChin > 2012-10-23 15:02 | Report Abuse

from SG.. u go to bloomberg there to see

Posted by Mat Cendana > 2012-10-23 15:07 | Report Abuse

Your guesses here are as good as mine but I feel it won't go below 2.50...maybe not even 2.55. Although it's not as valuable as those telcos - Axiata, Digi, Maxis, TM - Astro is still in a quite comfortable position being able to collect regular subscription payments. Its huge debts will also be pared down from proceeds derived from the re-listing.

As for competition, I'd say there's nothing serious that can threaten it in the near term. The only possibility is the emergence of companies like Unifi and others that can deliver through fibre. Should they be able to come up with more attractive content and packages, some subscribers might leave Astro. Sports and movies especially. But their content at present isn't near good enough yet so Astro won't be having sleepless nights worrying.

It's doing poorly at the moment but I think there are many serious, long-term investors out there who are waiting for the right time to buy or to add. I believe Astro will pay dividends so this will be an attraction. There's also the potential for capital appreciation although this doesn't look likely now. It's a good-enough company whose IPO wasn't priced attractively enough so as to create a pop and excitement. 3.00 might be okay if this is a bull market. But it's not despite the KLSE index records.

But I feel Astro should have the price volatility range to attract traders. Every counter needs traders and contra players to be in the limelight. 2.55-3.30 -- if this is its range, Astro will be attractive. For now, have to let the dust settle first.

Posted by rich kueh > 2012-10-23 15:09 | Report Abuse

all waiting below 2.70

Posted by talk2pkc > 2012-10-23 15:27 | Report Abuse

Mat, excellent feature .....

Posted by Bang Teh > 2012-10-23 15:29 | Report Abuse

looks like someone stop the leakage...very strong support at 2.7, 2.71, 2.72....

Posted by Bang Teh > 2012-10-23 15:31 | Report Abuse

Mat cendana....well said...cheers

Posted by Taugeh > 2012-10-23 15:35 | Report Abuse

Easy for us to say..Ai..imagine holding 100k@3.00 and now dropping to 2.71..ai..aii..aiii...not me of course

Posted by talk2pkc > 2012-10-23 15:40 | Report Abuse

I anticipate this counter will now attract more speculators but trading pattern will b "Kangaroo" trend , But at the same time Global markets still in mist n some data coming out fr China 2moroow might b negative , lah ?????

Posted by Taugeh > 2012-10-23 15:40 | Report Abuse

What a tug-of-war at 2.72-2.73...impressive..isn't it

Posted by herbert 456 > 2012-10-23 15:46 | Report Abuse

indeed....

Posted by koyokui > 2012-10-23 15:58 | Report Abuse

this counter will definitely go down more

Posted by talk2pkc > 2012-10-23 16:04 | Report Abuse

Next few days Euro markets continue to trade negatively , might affect Bursa comes Fri ??? Hope not, lah

Posted by kuntauasli > 2012-10-23 16:18 | Report Abuse

what is going to happen next for this share? I need an info based on facts and figure.

Posted by talk2pkc > 2012-10-23 16:25 | Report Abuse

Suggest u dig deep for info , perhaps do few more clicks fr www. , ma

Posted by juggernault > 2012-10-23 16:38 | Report Abuse

5 o clock soon... up or down? Panic time for gambler... guess most ll sell :)

Posted by Mr Ziet Army > 2012-10-23 16:39 | Report Abuse

definitely today will close in red!

Posted by talk2pkc > 2012-10-23 16:41 | Report Abuse

Bought 2.72 n play play lah ................. easy come easy go, ma

Posted by Steve Jub > 2012-10-23 16:51 | Report Abuse

what's the base?

Posted by juggernault > 2012-10-23 16:55 | Report Abuse

I mean it ll close at 2.72 or 2.73 :)... trading at this range all tthe time ma...

Posted by talk2pkc > 2012-10-23 16:55 | Report Abuse

EPF will come in when in soon then follow by others , medium term will rebound but not back to 3.00 , loh ..... This counter not for High-Blood pressure n then start shouting at their family , hee hee , u know what I mean , ha ha

Posted by Mat Cendana > 2012-10-23 16:58 | Report Abuse

This isn't good for Astro holders - it HAS to findish strongly today to set up a firmer foundation tomorrow morning. Have to remember that the fall today, yesterday and last Friday's volume are/were VOLUNTARY. These people had sold to cut losses. But tomorrow another variable will come into play i.e. forced selling of lots bought on Friday. The price might come under strong downward pressure.

Posted by cocd > 2012-10-23 16:58 | Report Abuse

anankonda sudah relax now. he dah kenyang sorru kambing.

Posted by juggernault > 2012-10-23 16:59 | Report Abuse

Pussy again. How u know epf ll come? Lol joker...

Posted by stock5678 > 2012-10-23 17:03 | Report Abuse

Just 2 words for Astro: "SELL ASAP"

Posted by talk2pkc > 2012-10-23 17:05 | Report Abuse

I think it will drive down to 2.70 b4 any rebound b active !!!

Posted by Mcwong > 2012-10-23 17:06 | Report Abuse

I think tomorrow will up to .

Posted by talk2pkc > 2012-10-23 17:07 | Report Abuse

Hope so , Mcwong , ha ha 4sure BIG boys r monitoring closely n so as EPF ....

Posted by talk2pkc > 2012-10-23 17:09 | Report Abuse

juggernault This post has been reported as Abuse and has been removed. Please refer to Community Standards for acceptable content. Further abusive act may result in the user being banned from the portal.
20/10/2012 07:51

Posted by stock5678 > 2012-10-23 17:19 | Report Abuse

Tomorrow will not close with green for sure. Don't cheat ourselves, accept the fact. This counter will ONLY up high when it is going to PRIVATIZE AGAIN. Else hopeless.

Posted by talk2pkc > 2012-10-23 17:21 | Report Abuse

4sure this is not a investment counter , only for short term trading n jump in and out like KANGAROO, mah ...... ha ha

Posted by juggernault > 2012-10-23 17:33 | Report Abuse

lol talk2pussy cant answer my question how you know EPF will jump in den report me in order to make me quiet? No way man, i will comment when i saw misleading info... For something you not sure please use " GUESS".. Now my turn to report you for misleading info.... :D

Posted by stock5678 > 2012-10-23 17:35 | Report Abuse

somehow agree. But to me, personally, if 1.50, i will hold for investment. If not, I will never play short term too :)

Posted by Melvin G > 2012-10-23 17:42 | Report Abuse

Oversea's similiar service only stay at PE 12-13 while Astro stay as high as 25! Not to mention it's low dividend yield and limited growth in the future.

Still, good luck to astro holder!

Posted by talk2pkc > 2012-10-23 18:18 | Report Abuse

juggernault This post has been reported as Abuse and has been removed. Please refer to Community Standards for acceptable content. Further abusive act may result in the user being banned from the portal.
20/10/2012 07:51

Posted by hatifahs > 2012-10-23 18:23 | Report Abuse

Wait to buy at 2.50 nxt week b4 election of America.

Posted by talk2pkc > 2012-10-23 18:26 | Report Abuse

As soon as EPF & Big boys step in , rebound towards 3.00 is encouraging and 4now collection time for short term only , those who can't take heat , best to stay out n watch with LOL , lah

Posted by shirley1 > 2012-10-23 18:29 | Report Abuse

Romney accused Obama that the Navy has fewer ships today than it did under past presidents. the response ...

"Governor, we also have fewer horses and bayonets because the nature of our military's changed. We have these things called aircraft carriers where planes land on them. We have these ships that go underwater, nuclear submarines. And so the question is not a game of Battleship where we're counting ships. It's -- it's what are our capabilities."