ASTRO MALAYSIA HOLDINGS BERHAD

KLSE (MYR): ASTRO (6399)

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Last Price

0.255

Today's Change

-0.005 (1.92%)

Day's Change

0.255 - 0.26

Trading Volume

965,000


20 people like this.

8,240 comment(s). Last comment by i7investors 5 days ago

RainT

8,448 posts

Posted by RainT > 2020-04-28 18:48 | Report Abuse

this MCO so ASTRO customers go up

but long term??

ASTRO grow can sustain?

Energiser

251 posts

Posted by Energiser > 2020-04-28 20:24 | Report Abuse

Director bought today.

Superb99

6,603 posts

Posted by Superb99 > 2020-04-28 21:00 | Report Abuse

This EPF keeps disposing astro

Energiser

251 posts

Posted by Energiser > 2020-04-28 21:00 | Report Abuse

Rain should be sustainable after MCO as people still cautious about going to cinemas to watch movies.

whywhy22

82 posts

Posted by whywhy22 > 2020-04-28 21:14 | Report Abuse

Director bought qty is very little only but EPF keep disposing for the past few months.

Energiser

251 posts

Posted by Energiser > 2020-04-28 21:21 | Report Abuse

Ya but wondering who is buying all those shares from EPF...

whywhy22

82 posts

Posted by whywhy22 > 2020-04-28 21:38 | Report Abuse

that's true cause the volume for the past 3 days is super high. just scared fast rise fast drop. mau lari pun x sempat.

Superb99

6,603 posts

Posted by Superb99 > 2020-04-28 21:48 | Report Abuse

Today already showed fast up and down, just within minutes, up to 1.02 then dropped to 0.94

Invest_168

549 posts

Posted by Invest_168 > 2020-04-28 22:21 | Report Abuse

Value investors will buy it as ASTRO business not affected by corona but benefit from MCO as everyone stay at home watching TV. Furthermore, ASTRO has very high dividend yield 8%! With so good value buy, What else do you want?

yingkang87

445 posts

Posted by yingkang87 > 2020-04-28 22:35 | Report Abuse

Good chance to buy in again if not it is too late!!!

DickyMe

14,830 posts

Posted by DickyMe > 2020-04-28 22:36 | Report Abuse

Better late than being sorry!

Value888

623 posts

Posted by Value888 > 2020-04-29 08:45 | Report Abuse

lots of upside potential

yingkang87

445 posts

Posted by yingkang87 > 2020-04-29 09:09 | Report Abuse

https://klse.i3investor.com/servlets/ptres/55018.jsp fast buy public bank set target price Rm1.80

lamching

119 posts

Posted by lamching > 2020-04-29 09:53 | Report Abuse

I think today can break RM1 and above. More people watch Astro for movie during Mco.

Value888

623 posts

Posted by Value888 > 2020-04-29 10:18 | Report Abuse

Public's TP RM1.80.

Superb99

6,603 posts

Posted by Superb99 > 2020-04-29 11:10 | Report Abuse

i am not sure how accurate is public bank analysis as most of them are helping those tycoons to release stocks la and if coming result is not good, they will automatically downgrade the TP but i only know at this price, good for mid and long term investment as no point to keep the money at bank with 3% interest rate.

Lucky81

495 posts

Posted by Lucky81 > 2020-04-29 11:15 | Report Abuse

Public mutual fund managers want to run away.

Lucky81

495 posts

Posted by Lucky81 > 2020-04-29 11:15 | Report Abuse

All retail investors, please help our pity fund managers.

laychee

1,743 posts

Posted by laychee > 2020-04-29 11:20 | Report Abuse

For dividend OK. For prospect, not that good.

Some argue it will become another Netflix, many will doubt it. The Netflix talk is just to push up the price. When the trader left, he or she will say it is a sunset biz.

Superb99

6,603 posts

Posted by Superb99 > 2020-04-29 11:39 | Report Abuse

lol, for those uptrend counters, memang got some stories behind to support else how to goreng stock, i think astro is having both short term and long term players, when traders cabut, investor will come and support again so not so worry as compared to penny counters

Value888

623 posts

Posted by Value888 > 2020-04-29 14:53 | Report Abuse

Good dividend yield

troy88

2,979 posts

Posted by troy88 > 2020-04-29 14:54 | Report Abuse

Not a company that I like but the dividend yield looks attractive which is why I picked up some. Think it can go back close to it's price just before coronavirus crisis hit the market in Feb.

Invest_168

549 posts

Posted by Invest_168 > 2020-04-29 15:01 | Report Abuse

many rubbish company share price already fly back to previous level...how can a good fundamental company share price keep at low....

Posted by MillionMindset > 2020-04-29 15:03 | Report Abuse

Going to fly... put your seat belt.

Superb99

6,603 posts

Posted by Superb99 > 2020-04-29 16:33 | Report Abuse

not that easy, back to 0.95 level, every day like that, k la, keep for dividend then...lol

troy88

2,979 posts

Posted by troy88 > 2020-04-29 17:12 | Report Abuse

Yeah, seems stuck at around .95 level. Don't expect to fly so soon but don't expect it to drop much also.

andyvin07

134 posts

Posted by andyvin07 > 2020-04-29 20:55 | Report Abuse

Good dividend? Pls do your analysis how the dividend is calculated. The 8% dividend is based on current low price. Looking at past history the average dividend is somewhere between 3.5% - 5% (still not bad lah compare to bank). If the price remain below RM1 pls expect the overall dividend pay out to be less this year which will make up to 3%-4% range.

andyvin07

134 posts

Posted by andyvin07 > 2020-04-29 20:56 | Report Abuse

The revenue is forecasted to drop 6% next 3 years

Posted by MillionMindset > 2020-04-30 09:15 | Report Abuse

Many buyer. Today likely will break Rm1 and above.

Posted by EatCoconutCanWin > 2020-04-30 10:08 | Report Abuse

Astro going to pn17 soon.

Superb99

6,603 posts

Posted by Superb99 > 2020-04-30 10:10 | Report Abuse

wa...pn17....

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2020-04-30 10:17 | Report Abuse

Gassing out already

RainT

8,448 posts

Posted by RainT > 2020-04-30 10:37 | Report Abuse

soft back ?

RainT

8,448 posts

Posted by RainT > 2020-04-30 10:40 | Report Abuse

at least during MCO and virus still persist

most people will still stay at home to enjoy entertainment

Posted by EatCoconutCanWin > 2020-04-30 10:52 | Report Abuse

Astro attack by covid19.

laychee

1,743 posts

Posted by laychee > 2020-04-30 11:40 | Report Abuse

Normal as many already back to work... no time to watch Astro...

linges

2,699 posts

Posted by linges > 2020-04-30 12:15 | Report Abuse

For Astro..Q1 2020 period ending today..hope MCO will bring positive impact on upcoming Q1 revenue/profit statement...

Posted by steveninvest > 2020-04-30 14:15 | Report Abuse

More people watching tv and movie at home during MCO, definitely benefit Astro profit in next coming quarter. Astro Director Datuk Yvonne Chia keep acquired Astro stock recently, already foresee the company will have more profit for the next coming quarter. Cheers..

yingkang87

445 posts

Posted by yingkang87 > 2020-05-01 23:33 | Report Abuse

Guys next week open, how do u think the share?

Posted by EatCoconutCanWin > 2020-05-03 11:41 | Report Abuse

Buy in buy in. Astro boy in the rescue.

RainT

8,448 posts

Posted by RainT > 2020-05-03 18:31 | Report Abuse

the Yvonne Chia just bought very few only at few times only

RainT

8,448 posts

Posted by RainT > 2020-05-03 18:31 | Report Abuse

MCO lift soon ....coming will less people watch ASTRO

linges

2,699 posts

Posted by linges > 2020-05-05 02:33 | Report Abuse

MCO partial lifted but cinema and other entertainment outlet not allowed to open..home entertainment still on...
Thus, Q2 earning (starting fr 1st May) expected to be good..my 2sen only

Invest_168

549 posts

Posted by Invest_168 > 2020-05-06 10:34 | Report Abuse

BNM reduced OPR to 2%, ppl may not want to place money in bank as dividend is getting lower and lower. ASTRO now will be a good dividend yield play stock that serve as a defender in your portfolio!

Invest_168

549 posts

Posted by Invest_168 > 2020-05-06 10:46 | Report Abuse

Based on last year dividend payout of 7.5 sen, Dividend yield now is 7.5%. If ASTRO reduce the dividend pay out this year to 1.5 sen each quarters, still has 6 sen dividend which translate to dividend yield of 6%. Think about it if you like to have such defensive stock.

troy88

2,979 posts

Posted by troy88 > 2020-05-06 13:52 | Report Abuse

Yes, I also expect dividend yield to be around 6+% this year. I am also expecting the revenue to be decent in these times of Covid crisis as more people are watching TV at home. Astro is not a company that I like because it's a monopoly and is owned by a crook. Only bought because of decent dividend and has a sustainable business during Covid crisis period.

Sky Liew

940 posts

Posted by Sky Liew > 2020-05-06 19:43 | Report Abuse

1.20 oty

somo1

178 posts

Posted by somo1 > 2020-05-07 11:35 | Report Abuse

Ya once EPF is done with their selling, and even at $1.20 the stock is still going to yield at least a 5% dividend yield, taking a conservative estimate. Astro is perfect to stay as part of their pension portfolio offering good dividend yields amidst the prevailing low interest environment. What are the rationals behind their recent incessant selling of the stock, I wonder?

mf

28,935 posts

Posted by mf > 2020-05-08 08:18 | Report Abuse

Astro may rebound higher, says RHB Retail Research

troy88

2,979 posts

Posted by troy88 > 2020-05-08 09:39 | Report Abuse

Starting to climb now. Not sure why not many investors are interested in this counter. Don't like Ananda? Haha, me too.

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