Based on the present Astro par value of 10sen & PE of 30++, Astro shall b worth 60sen only, if u compare it with the price of Astro par value of RM1 & lower PE b4 it being delisted last time. Yeaahhhh koyokui, Astro if downgraded maybe worth 50sen. But to me, the real value of Astro is 60sen only.
AK thinks buyers r stupid, bcos he changed Astro par value of RM1 b4 delisted to par value of RM0.10 now & increase PE to 30++, then sell Astro to buyers at RM3.00. AK do u think buyers r stupid mehhhh???
The EPF has got to get something2 invest for their multi billion RM. This is the big elephant whic i call stupid. If EPF didnot support Astro IPO, then AK will b forced2 revalue downwards Astro IPO price &its PE. I m not implying smaller billis as stupid. In fact, I oso bought at RM3.00+ bcos i m2 greedy2 get short term profit.
where on earth people buy shares they are assured can make profit.Look at Facebook when share value come to half price they don't accused their govt. Here if ipo can make fast profit then it is ok if not make hell of noise.It is people wrong expectations and greedy behaviour got to be blamed.In share mkt prices can go up as well as come down.
Where on earth people dont know in share market the prices can go up and down - everybody know that my friend...... but this situation never happened to blue-chips counter in malaysia yet.... First ever as a worst counter - thats why people make noise... Somemore why SC Approved IPO price at RM3 if they know that price is to high and not cheap... Same to AAX, in loss making but still got green light to proceed their IPO...
Hisbicus can fly, though no business at time of ipo, is due to the timing is right at the time of ipo(oil & gas boom). Other factors like management expertise, good company plan etc do take into accounts.
As for Astro, investors lose money. No choice, they have to blame book builder investment bank. Why? Because they are PAID and suppose to do a good book building exercise.
The market is so hesitant, not sure which direction to go. Not much volume either. Even the penny stocks look rather subdued. Going to just look until there is clearer direction.
The CWs look to be cheap, unless kccgongnz says otherwise. At 0.02/0.025 and with about a year left, I think it's good to park some spare cash. All it takes is just a 0.5 sen movement
oh my God, it was raining in Oct & raining heavier in Nov, that is why i cant receive Astro signal. Damn, got satellite oso no use, cant watch Astro programme. Better change to IPTV, no disturbance of signal.
when raining is accompanied with lightning and thunderstorms it is good to unplug ur lcd tv, otherwise hit by strike all gone.Total blackout.may be thats why astro choose not to air
millions were collected at 2.60..2.61...suddenly 2.62, 2.63, 2.64 less seller..close at 2.64....I wonder if the rumours that Astro will go back to 3.00 soon is true?...
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....
Buy & Sell Sell & Buy
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Posted by Buy & Sell Sell & Buy > 2012-11-10 12:35 | Report Abuse
Based on the present Astro par value of 10sen & PE of 30++, Astro shall b worth 60sen only, if u compare it with the price of Astro par value of RM1 & lower PE b4 it being delisted last time. Yeaahhhh koyokui, Astro if downgraded maybe worth 50sen. But to me, the real value of Astro is 60sen only.