Posted by birkincollector > 2023-10-02 18:52 | Report Abuse

https://theedgemalaysia.com/node/684554

KUALA LUMPUR (Oct 2): Astro Malaysia Holdings Bhd announced that it will close down its home shopping business “Go Shop” from Oct 11, citing “challenging overall economic landscape and the changes in consumer shopping behaviour”.

In a statement on Monday, Astro Malaysia Holdings Bhd said the group and its Korean joint venture partner GS Retail Co Ltd (GSR) have decided that Astro GS Shop Sdn Bhd (AGSS), which operates the home shopping business under the brand name “Go Shop”, will cease operations beginning Oct 11.

AGSS is a joint venture between Astro Malaysia’s wholly owned subsidiary Astro Retail Ventures Sdn Bhd (holding 60% equity interest) and GSR (the balance 40%).

Posted by speakup > 2023-10-02 21:40 | Report Abuse

1st step
2nd step shutdown airing

Posted by fortunefire > 2023-10-03 11:43 | Report Abuse

3rd step, cut annual bonus.

Posted by cheeseburger > 2023-10-03 11:55 | Report Abuse

still got annual bonus? already losing money. Should cut top management salary.

Posted by Sakuragi11 > 2023-10-03 12:07 | Report Abuse

Its consolidating period before moving to M&A

Posted by birkincollector > 2023-10-03 15:05 | Report Abuse

oversold

Posted by Havefun > 2023-10-03 15:36 | Report Abuse

Market sentiments overall is not so good

Posted by jack2 > 2023-10-04 11:03 | Report Abuse

getting lower and lower
soon 20

Posted by Mc_Wei > 2023-10-04 13:15 | Report Abuse

Better be Astro MYFM DJ than be Astro's shareholders. Some MyFM DJ is paid 6 figures salary per month.

Posted by SHOB > 2023-10-04 14:02 | Report Abuse

DJ will be jodless soon

Posted by teknikal > 2023-10-04 14:03 | Report Abuse

Downtrend intact with price below MA20. MA50 and MA200

Posted by fortunefire > 2023-10-04 14:43 | Report Abuse

all those DJ got their own Youtube channel. I have also terminated the astro service.

Posted by Sakuragi11 > 2023-10-04 15:14 | Report Abuse

bloodbath

Posted by BILLC > 2023-10-04 15:22 | Report Abuse

Wow,,,still got people watching Astro kah,,,

Posted by Investsmart60 > 2023-10-04 15:59 | Report Abuse

Dont worry mr rambo will come to rescue. Hahaha. Joker. Forgot his handle.

Posted by NatsukoMishima > 2023-10-04 19:31 | Report Abuse

People want sports only but u ask people buy entertainment also ! N

Posted by Solomon007 > 2023-10-04 19:39 | Report Abuse

Time to privatise?

Posted by cheeseburger > 2023-10-04 21:54 | Report Abuse

Astro is like the old time Nokia or Blackberry phone, or search engine Yahoo. Obsolete over time and become irrelevant towards today's demand. No one using anymore.

Posted by fortunefire > 2023-10-05 09:59 | Report Abuse

ready to break 0.4?

Posted by TripleMMM > 2023-10-05 10:31 | Report Abuse

Habis ? Div also xda dah?

Posted by EatCoconutCanWin > 2023-10-05 12:02 | Report Abuse

WiFi kencing..

Posted by cheeseburger > 2023-10-05 15:25 | Report Abuse

Astro radio-ceases-operation-in-sabah-sarawak

Posted by fortunefire > 2023-10-05 16:46 | Report Abuse

Overall, 6 out of the 12 analysts tracking Astro have a “sell” recommendation on the stock, while the rest are recommending clients to “hold” onto the shares

Posted by teknikal > 2023-10-06 10:52 | Report Abuse

Downtrend intact because price below MA20, MA50 and MA200.
Short term rebound from all time low.

Posted by NatsukoMishima > 2023-10-06 12:39 | Report Abuse

Will close shop eventually ???

Posted by NatsukoMishima > 2023-10-06 12:43 | Report Abuse

2014 still have rm 3.30 , 9 years later around 40 sens , typical value trap stock pay u dividen but lost all capital , run as soon as u can !

Posted by speakup > 2023-10-06 13:08 | Report Abuse

9 years ago mana ada Netflix, Hotstar dll?

Posted by speakup > 2023-10-06 13:09 | Report Abuse

9 years ago speakup ada Astro subscription, skarang takde

Posted by Good123 > 2023-10-06 16:03 | Report Abuse

RAKYAT KIAN MENDERITA POST PANDEMIK, TAK MAU TENGOK TV ASTRO DAH... MAKAN FROZEN FOODS KAWAN FOOD BHD LAGI SERONOK... SYER KAWAN SEDANG MENINGKAT :)

Posted by trader808 > 2023-10-07 00:39 | Report Abuse

1.Astro strongly persisted on a long term down trend and after many days of fall, yesterday on 4th Oct it successfully staged a 1st day bottom reversal technically on the candlesticks chart represented by a tiny green bar.

2.What Is a Reversal? A reversal is a change in the price direction of an asset. A reversal can occur to the upside or downside. Following an uptrend, a reversal would be to the downside. Following a downtrend, a reversal would be to the upside.

3. Hence, yesterday Astro has opened up a golden opportunity to buy at 41.5 sen to take advantage of the theory of bottom reversal.

4. True enough, the buying interest persisted on and the momentum gather strength. The counter closed impressively 2 sen higher with a bullish engulfing candlestick at 43.5sen.
5. Let it be forewarned, bottom reversal is akin to an organism that happens quickly and deliriously that is short lived.
6 Therefore, a transaction with Astro, which is a collateral damaged stock should be a short term relationship with no long term commitment.

7. Take your intra day or contra profit and run. Let it be forewarned.

8. This is my personal observation and trading base on the candlesticks chart and it is not intended to influence your trading method and strategy.
Happy trading
6/10/23

Posted by Ryugentrades > 2023-10-07 00:46 | Report Abuse

0.46 is a critical level to pass. If it can’t break that, expect further downside or sideways price action.

Posted by DrWong > 2023-10-08 09:35 | Report Abuse

RUN

Posted by cheeseburger > 2023-10-09 11:03 | Report Abuse

dead cat rebound, broadband monthly will go down soon, this may impact to Astro further.

Posted by cheeseburger > 2023-10-09 11:07 | Report Abuse

https://www.thestar.com.my/news/nation/2023/10/06/upgrading-to-5g-should-be-automatic-plans-to-waive-subscription-charges-coming-soon-says-fahmi-fadzil

Posted by birkincollector > 2023-10-09 11:27 | Report Abuse

nice rebound ...thank u astro hehe

Posted by teknikal > 2023-10-10 09:50 | Report Abuse

Must rise above 47.5 sen to sustain uptrend

Posted by Sakuragi11 > 2023-10-10 17:05 | Report Abuse

Hot latte in making

Posted by NatsukoMishima > 2023-10-12 11:40 | Report Abuse

Astro = casette walkman which every one own during 90' !

Posted by Valuvestor > 2023-10-12 12:26 | Report Abuse

Astro crashedo used to mean the set-top box had died. Now it means something entirely different.

Posted by Valuvestor > 2023-10-12 12:27 | Report Abuse

But what about the so-called vernacular productions?

Posted by fortunefire > 2023-10-16 17:56 | Report Abuse

tp 0.3x after the next QR out

Posted by Vhydro > 2023-10-16 23:43 | Report Abuse

Pls drop more

Posted by speakup > 2023-10-17 08:29 | Report Abuse

Don't worry. In the long run it will drop more.

Posted by birkincollector > 2023-10-17 11:56 | Report Abuse

lets go another round ;-)

Posted by $$ BUYSELL $$ > 2023-10-17 16:03 | Report Abuse

back to 0.40 cents

Posted by Investsmart60 > 2023-10-18 15:32 | Report Abuse

In many other countries the senior management would resign. But here still continue to take high salary while destroying shareholder value and make employee life suffer by making them jobless to feed their family. Shame.

Posted by birkincollector > 2023-10-18 16:56 | Report Abuse

wassup with over 20mil buy at 0.435 during closing lol

Posted by Sakuragi11 > 2023-10-18 21:05 | Report Abuse

seems like this counter is brewing something....high transaction in last 10 minutes before closing near to 200k over share

Posted by tehdiven5519 > 2023-10-19 07:02 | Report Abuse

Lowest already. Better buy some loh

Posted by jack2 > 2023-10-20 14:37 | Report Abuse

brace for new low