the big boys absorb all force selling astro shares today..monday same thing will happen before the big gun dance again..whoever bought at IPO price without financing need not worry bcoz you have T plus forever (not T plus 4)...
Maxis profile is much lower than Astro !! I am sure over the medium /long term it will drop below 2.50 but not so sure in SHORT term due to political pressure !!!!!!!!
Ahhhhh , very interesting n maybe price might now pump back up ??? Mayb that's why selective Directors are buying more shares now ??? Let's think deep ............
Have just seen this notice in today's NST: AmBank is coming up with three Astro call warrants and one put warrant. (Also one each CW for TopGlove and Litrak). Listing 29/10/12; Expiry 28/10/13.
ASTRO CW (I) - Ratio 8:1; Ex Price RM2.88 CW (II) - 5:1; 3.35 CW (III) - 5:1; 4.18
Astro subscribers who were given pink forms & then made to suffer losses were infuriated & felt cheated. The Astro management sensed this resentment. Fearing that these subscriber would dump their Astro subscription as well, Astro management is now in the midst of getting into the market to support the price to the level of 3.05 - 3.10.
Its one of the worse IPO.......No deal Is better than a BAD Deal.
Yup, I agreed. ASTRO Kejam towards their own staff and even bite the finger that feed them (their loyal subscriber)This episode will be remembered by many as a BLACK FRIDAY......
Many were slaugtered for nothing.....by Anakonda and his Cronies.
Shame on you.....So rich, yet doing a low class thing in Bursa.
Bitter pill to swallow, opportunity will present itself at the right price. I am with talk2pkc, whereby you buy on weakness and let astro mgmt push price upwards for us;)
Best time to do business when the market in turmoil & depression n similar basis in Equity market , when a counter is "unsettle" also present good opportunity for some ......... Grandma saying , regardless the world is upside down , the water level is always same n hopefully u r on the better side , ha ha ha LOL
Don't know how to benefit from this yet. The put warrant at 2.28 is too low plus a 4:1 ratio. I don't think it will get that low. But then who knows. It's the same with JCY's put warrant - at one time had thought it was unlikely one could ever strike in that it could go that low. It did.
“So, in clear terms, the existing owners sold a big stake in a company that was worth (RM1.13 billion) (read negative RM1.13 billion) and pocketed RM3.2 billion in cash,” said Investor Central in a report obtained by The Malaysian Insider. AMH’s main shareholders include companies linked to tycoon T. Ananda Krishnan and Malaysia’s sovereign wealth fund Khazanah Nasional Bhd
Agree with riko...when the price going to rm3.5...all the nonsense silent like a patung n kayu... astro is AK primary gold..AK will do something to defend astro..
why is that so much talking about astro, not many young people are interested in watching astro now, in the next 5 years this astro will be left watching only by the senior citizen, correct me if I m wrong, sure going to be less and less people watch astro
I think Astro still have some legs. Why? It is still a trend to have closest equivalent cable/satellite pay TV in household, business and what not. Try going to mamak with and without one and you may notice a difference. Basically its still trendy (point 1) . Point 2, its still a monopoly in Malaysia. I know internet TV is coming up, but I cannot have all my family flip limited channels offered now. Unless I want all of them sit in front of my monitor, then its another story. Moreover, quality of even HD on internet tv is still very disappointing so far for me. (For the record, I cancelled my sports after they raise price and now trying to watch EPL on internet. Have a few live streams but pixelated and sketchy) Point 3, it has reach and money to back it up. Trying paying for the latest premier league subscriptions and you will know what I mean. Case in point, true vision vs gmm in Thailand ( http://www.bangkokpost.com/news/local/297237/viewers-left-in-dark-as-euro-2012-kicks-off). Tell me about it, I was there . Point 4, they have sponsorships. Berjaya's Mitv failed miserably here. http://en.wikipedia.org/wiki/U_Television.
So,as much as I detest this ever rising priced pay TV, unless a viable competitor is in place, I don't see astro going away anytime soon. It is my believe when it is returning earnings, the whole picture will change. I think investor just have to try get in a good price with plenty of margin only from the current turmoil.
My frens worked @ Astro bought 12 lots Astro shares via margin loan rec indulgence ltrs from bank to extend d force sell period & shortfall cover by salary deduction up to 12mths..sound the finance gv amnesty to them..they need to bear few hundred margin processing fees,margin interest & uncertain contra losses incur later..tmrw will b another Pray hard day for them..!
UNLESS your friend had paid in cash and still in cash rich position to hold it for a few years, consider cut loss. Pay that small loss difference and get on with life. If it goes down further and stays down for a few more years, life will be extremely miserable. If going to hold, pray more often and pray very hard. Its not ASTRO's fault or anyone's. Its only people's greed and not understanding how IPOs work and what to do when the trend goes the other way.
Anan is smart. Most young ppl dont watch astro but internet. In future no laku. In 2 yrs astro may go burst after more cable movies join in. Becareful.
The beauty of the stockmarket is this - put one's money where his mouth is and either make a profit or loss (or maybe break even). There's a relatively inexpensive way to do this i.e. via the call and put warrants. If you think Astro will be going to the dumps, why not buy the put warrants? Going to see how they go tomorrow when they are listed.
I think astro will drop further bcas so many sellers in the market n within less then 3 month become worst so better carefull n nxt time when involve AK pls pls jangan cayee samaa dia anymore ,so better don't touch even drop to rm 2.50
The Edge's latest weekly (Oct 29-Nov 4, 2012) has Astro as the main story, with 3 pages. But the content is rather disappointing. You'd gain more knowledge and insight by reading the comments here. Feel that I had wasted my RM5 with this issue, which could have been better spent on Maggi goreng at Subaidah Section 6, Kota Damansara:-P
Buat research pun Tak guna broo Kalau kaunter mcm tu apatah lagi anaylst now dah mcm mcm cerita pe tinggi la,no growth laa ,dulu par 1 rm now only par 10 seen only,any good luck to u.tq
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
keanfee
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Posted by keanfee > 2012-10-25 16:45 | Report Abuse
today close -0.070