Posted by speakup > 2023-08-21 21:25 | Report Abuse

wah someone actually so desperate for Astro to up that he reposted an old 2018 article 😡

Posted by DavidLam73 > 2023-08-22 16:45 | Report Abuse

IDSS and RSS trying to create fear. Good luck Astro will never drop lower

Posted by Investsmart60 > 2023-08-23 11:02 | Report Abuse

Haha just dropped lower. Losers.

Posted by DavidLam73 > 2023-08-23 13:11 | Report Abuse

So much short selling only drop 1c? why dont drop till 44c? short selling still need to buy back

Posted by Investsmart60 > 2023-08-25 09:40 | Report Abuse

Keep dropping lower. So funny ppl say “never drop lower”. Talk3talk4 bs.

Posted by AnndyYSYong > 2023-08-25 09:41 | Report Abuse

Is time to accumulate ?

Posted by Investsmart60 > 2023-08-25 10:04 | Report Abuse

Lets accumulate as much as possible. Then drop to 40sen accumulate again to average cost down. Then repeat at 30 sen until close shop. Is smart thing to do. Average down the cost.

Posted by kiwimelon > 2023-08-25 11:18 | Report Abuse

why TP is set so high by investment banks when many customer are unsubscribing their service?
Have been holding this share since 2016 or so and the price keep dropping zz
So they are not having any physical agm for minority shareholder anymore? Seems like alot of companies are doing it virtually :(

Posted by DividendGuy67 > 2023-08-27 18:24 | Report Abuse

Best case scenario - IBs have blind spots when it come to setting TP for ASTRO. Their blindspot has persisted for many, many years now. Everytime, their TP is higher than current price and every time, price keeps falling .. and falling .. and falling ... and their TP keeps falling ... and falling ... and falling ...

Today, still got too many IB recommending Buys with higher TPs than current price ... and you know what will happen ... Price keeps falling ... and falling ... and falling ... and TPs gets revised and fall ... and fall ... and fall.

All these talk about merger and TP rising to RM1 .. or RM1.50 .. are just that ... **talk**

The NTA of ASTRO is only 21 sen. The stock EPS last quarter is only 0.3 sen. Annualized is 1.2 sen. At 21 sen, that's P/E of 17.5 which is fair value.

Current price is 51 sen. ASTRO needs to improve its earnings before it's worth 51 sen. So, you know the price bias.

Nobody is going to pay RM1 or RM1.50 for ASTRO whether it is M&A situation or Merger or whatever. The past couple years, this overpaid CEO decided to super expand ASTRO to take on a lot of debts that needs financing and ASTRO that used to be a cash cow is now saddled with perpetual high finance costs that looks to keep growing ... and growing ... and growing ...

The bet to boost revenues looks to have failed - the only way they can boost revenue is to increase Marketing costs and that will further lower profitability.

A couple of years ago, ASTRO has the chance to protect its cash cow status by hunkering down, lower expenses and not grow. But they want the new ang moh CEO. And ang moh being ang moh ... you know lar ... must show aggressiveness. Must grow. Must spend. Must take on big, big, big debts.

So, welcome to New ASTRO. The one with big, big, big debts. The one where the cash generating cow is now so thin that this cow can barely give you any milk ...

This is a dead stock. The best you can do is not to touch this. If you own it, and can't get yourself to sell it, then, ignore it and let it die ...

Posted by DividendGuy67 > 2023-08-27 18:38 | Report Abuse

Up to 2022, this company use to earn every quarter 2-4 sen per share. Annualized around 10 sen per share.

But last quarter is only 0.3 sen per share.

The old ASTRO is gone forever now ... they had a chance in 2021 to hunker down, strategize recognizing the business model is dying with so many threats that they cannot escape ... they could have kept expenses low, and delay the reduction of the 2-4 sen per quarter dividend slowly ...

Instead, they chose to accelerate the reduction of EPS from 2-4 sen now to 0.3 sen.

Congratulations ASTRO! Now go and die faster to 21 sen NTA.

Posted by JohnFarmer458 > 2023-08-27 19:45 | Report Abuse

Suddenly so many naysayers trying to push down Astro price, to collect lower? worried cant get cheap ticket next week? haha

Posted by DickyMe > 2023-08-27 19:47 | Report Abuse

LOL! Even beggars don't want this useless stock.

Posted by kiwimelon > 2023-08-28 00:08 | Report Abuse

Thanks for yr enlightenment Dividendguy67, the share price during recent year is very disappointing. Dividend as well 😂 That's the fact, their service is trash, we complained but they don't want to improve.

Naysayers? why u so desperate..the share is literally losing money for ppl who held it long enough 😊

Posted by rohank71 > 2023-08-28 04:05 | Report Abuse

Dead stock. Best look outside. Financial analysis this is bad. In few months may have rights issue as cashflow is bad and high debt. Unless maxis takes over this is a dart waiting to die.

Posted by speakup > 2023-08-28 07:40 | Report Abuse

Astro, Pos both slowly dying

Posted by DavidLam73 > 2023-08-28 14:37 | Report Abuse

So many haters on Sunday, so late 1am and 4am to post bad things about Astro?

Posted by JohnFarmer458 > 2023-08-28 16:53 | Report Abuse

haha losers

Posted by bursadragon > 2023-08-29 01:31 | Report Abuse

Seller exhaustion. US market looking good. Astro should rebound tomorrow

Posted by DickyMe > 2023-08-29 19:41 | Report Abuse

LOL! Keep dreaming Mat Jenin!!

Posted by DavidLam73 > 2023-08-29 20:31 | Report Abuse

Why so excited to see Astro falling price? Got hidden agenda?

Posted by DickyMe > 2023-08-29 23:21 | Report Abuse

Must have agenda is it?

Posted by Bmw X5 > 2023-08-30 10:03 | Report Abuse

Astro to the moon soon

Posted by SHOB > 2023-08-30 14:32 | Report Abuse

wow!

Posted by Bmw X5 > 2023-08-30 21:00 | Report Abuse

Hot News !!!
https://theedgemalaysia.com/node/679579

Posted by JohnFarmer458 > 2023-08-30 21:02 | Report Abuse

hehe

Posted by JohnFarmer458 > 2023-08-30 21:04 | Report Abuse

Maxis rm6 soon... Astro rm1.30

Posted by DavidLam73 > 2023-08-30 23:21 | Report Abuse

https://theedgemalaysia.com/node/679579

30 Aug 2023, 12:00 am

The fact that Astro is now undertaking another voluntary separation scheme (VSS) to improve its financial performance, having already reduced its headcount in 2018, is seen by some observers as “the house being cleaned ahead of a corporate exercise”. Others reckon, however, that it is necessary to keep a tight rein on cost amid tough times.

Apart from potential dealings between sister companies, those familiar with Maxis would know its board and management had also previously been asked, as recently as at its AGM in May, about whether it would merge or collaborate with U Mobile for 5G.

- Without fire there is no smoke

Posted by DickyMe > 2023-08-31 01:18 | Report Abuse

Whatever you do, cannot save a sunset business.
Just wasting cash!

Posted by Bmw X5 > 2023-08-31 06:51 | Report Abuse

where got sunset still profitable..only need merger to better compete w unifi package

Posted by Bmw X5 > 2023-08-31 06:53 | Report Abuse

i believe Uncle AK vision and always buy on repeated same romours ...hahaha

Posted by Bmw X5 > 2023-08-31 07:40 | Report Abuse

0.510 - 0.530 is the Moving Average ...a breakout merger news shall rocket this baby up to the moon !!!

Posted by DickyMe > 2023-08-31 12:06 | Report Abuse

There is no restriction for dreamers!

Posted by Bmw X5 > 2023-08-31 15:06 | Report Abuse

Hot Rumours yet Again !!!
https://theedgemalaysia.com/node/679579

Posted by Bmw X5 > 2023-08-31 15:07 | Report Abuse

the edge might be playing with our minds...but so many times could this time be true ...?

Posted by Bmw X5 > 2023-08-31 15:08 | Report Abuse

its for em to know and for us to find out....fomos will attack whenever opportunities strikes

Posted by JohnFarmer458 > 2023-08-31 19:47 | Report Abuse

Something is brewing, last week the edge reported similar style rumor on YTLPOWER. next is history.. YTLPOWER up over 50%

Posted by JohnFarmer458 > 2023-08-31 20:36 | Report Abuse

You no money buy edge newspaper? The Edge came out with rumors about YTLPower and YTL power announced that its true and the share fly. nobody said anything about YTLPower buying Astro

Posted by JohnFarmer458 > 2023-08-31 20:37 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/5504071

YTLPOWR
2.140
-0.01 (-0.5%)
OTHERS YTL POWER INTERNATIONAL BERHAD The Edge Malaysia article titled "KDEB Waste Management, YTL Power to build RM4.5 bil waste-to-energy plant in Rawang" dated 21 August 2023
YTL POWER INTERNATIONAL BHD

- The Edge "rumors" always on point

Posted by speakup > 2023-08-31 20:43 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2023/08/19/rawang-residents-want-to-meet-mb-over-planned-incinerator/
Who will win? Ytlpower or Rawang?

Posted by Bmw X5 > 2023-09-01 10:09 | Report Abuse

Astro getting ready to start engine

Posted by SHOB > 2023-09-01 14:48 | Report Abuse

have been waiting for sometimes.....

Posted by Bmw X5 > 2023-09-01 16:42 | Report Abuse

hahaha ...save the last laugh for our kind patience

Posted by hhhiii123 > 2023-09-01 19:33 | Report Abuse

haha, i think i may need to topup a little bit to average down my cost lol

Posted by Bmw X5 > 2023-09-01 20:42 | Report Abuse

Better late to collect low than regret later....

Posted by JohnFarmer458 > 2023-09-01 23:23 | Report Abuse

can see accumulation at 51-53c for the past month

Posted by rohank71 > 2023-09-02 10:38 | Report Abuse

Q results end of the month. Another bad Q price will be 40 sen. Just be careful. If good Q we can see uptrend to 60... Anyone has insights

Posted by Investsmart60 > 2023-09-02 18:20 | Report Abuse

Bmwx5 maybe bought just too many too high now pray someone come save her and be waterfish. Lol

Posted by Bmw X5 > 2023-09-02 20:29 | Report Abuse

Really ...hahaha...let the market forces decides ...my small investment doesnt hv any effect...but i think at this all time low buy in price ...its really worth it ...better than FD can offer mid to long term..

Posted by Bmw X5 > 2023-09-02 20:33 | Report Abuse

insiders fund is collecting 0.510 - 0.530 these few weeks...limited downside unlike those goreng stocks to trap billis

Posted by DavidLam73 > 2023-09-04 02:57 | Report Abuse

We will know this week hehe