Posted by saufi74 > 2012-11-16 17:54 | Report Abuse

Ruslimz...dont be so negative...In stock mkt..anything can happen..

Posted by josh > 2012-11-16 18:08 | Report Abuse

X
josh KUALA LUMPUR (Nov 16):  Prime Minister Datuk Seri Najib Razak today (Friday) announced more mega projects under the Economic Transformation Programme (ETP) to propel the nation forward.

Among the mega projects announced today were the development of PJ Sentral Garden City by Nusa Gapurna on a 40-acre site in Seksyen 52 with gross development value of RM11 billion and a RM1.58 billion investment to breed Arowana fish in Kedah and Perak, to be carried out jointly by Northern Corridor Implementation Authority, Jabatan Perikanan and a private company.

A big project in East Malaysia announced is the development of a 300MW gas fired combined cycle power plant in Kimanis, Sabah, with investment of up to RM1 billion, by a joint venture (JV) between Petronas Gas Bhd and Yayasan Sabah's unit Innoprise Corporation Sdn Bhd.

In addition, MMC Corporation Bhd's unit Seaport Worldwide will develop RM1.02 billion Petrochemical and Maritime Industrial Centre in Tanjung Bin, the prime minister said.

Apart from projects, Najib also announced the liberalisation of more sectors of the economy.

These sectors include legal and medical specialist, dental specialist services; international schools, private universities and telecommunication sector.
16/11/2012 18:05

Posted by josh > 2012-11-16 18:09 | Report Abuse

Astro stock will benefit from telecomunication sector liberalisation.

Posted by bingo > 2012-11-16 18:36 | Report Abuse

more to come , that's for sure

Posted by ruslimz > 2012-11-16 19:29 | Report Abuse

yes..in stock market anything can happened.....no body expect astro could go down to 2.60 from 3.00 that killed many of us.

Posted by Bang Teh > 2012-11-16 23:00 | Report Abuse

My gut feel ...we should know by Tuesday or wednesday next week whether Astro will break 3.00....see how lah...

Posted by moneyluv > 2012-11-17 00:16 | Report Abuse

Next week astro will fall....

http://www.theedgemalaysia.com/business-news/225101-astro-seeking-legal-advice-on-indonesian-court-summons.html

Posted by moneyluv > 2012-11-17 00:41 | Report Abuse

No more 3.00... :(

Posted by dliew888 > 2012-11-17 08:11 | Report Abuse

RM3.00 for me is too high I think the first resistance is located at RM2.89 at this level I will definately get out.

Posted by sixteenblue > 2012-11-17 09:31 | Report Abuse

"Analysts: No changes to Astro forecast despite BPL rights win"
http://biz.thestar.com.my/news/story.asp?file=/2012/11/17/business/12332468&sec=business

Posted by Matsaham Mashuk > 2012-11-17 12:36 | Report Abuse

Nice rebound--)wait T+3 to buy

Posted by Maria Kamaruddin > 2012-11-17 14:22 | Report Abuse

warrent look good.

Posted by yusufrb99 > 2012-11-18 15:01 | Report Abuse

friends,as shareholder do we have the rights to know exactly how much astro
paid to secure EPL rights 2013/4 to 2015/6 .The co. cited confidential agreements btn the parties thus avoid to make public statements.
Being an investor i am concerned that should they pay too large a sum, dividend payments will be much affected as they promised 75% of net profits is dividends.

Posted by dr_jogho > 2012-11-18 23:32 | Report Abuse

esk astro akan trs naik..

Posted by yusufrb99 > 2012-11-19 09:39 | Report Abuse

i suspect at around 2.70 some distributions going on.so long as price hold above 2.65 margin sellings is not a factor.

Posted by eric3311 > 2012-11-19 10:02 | Report Abuse

what's wrong?

Posted by herbert 456 > 2012-11-19 13:19 | Report Abuse

somebody wrote something in the EDGE weekly, and punters all staying on the sideline........

Posted by moneyluv > 2012-11-19 14:08 | Report Abuse

Tomorrow will become more worst :(

Posted by moneyluv > 2012-11-19 14:09 | Report Abuse

Hate AK forever....

Posted by moneyluv > 2012-11-19 14:10 | Report Abuse

Slaughter so many people.... Worst! Worst! Worst!

Posted by herbert 456 > 2012-11-19 14:14 | Report Abuse

Oh Karma!!!

Posted by Buy & Sell Sell & Buy > 2012-11-19 14:21 | Report Abuse

The summons was made in the District Court of South Jakarta against Astro All Asia Networks Plc, its previous listed entity, and others. "The letter states that the defendants are summoned to attend before the District Court of South Jakarta on January 10, 2013. "There are no further details given in the said summons," Astro said. (StarBiz) 

Wow, take care of yo investment in Astro. Astro now is very risky. Bad karma for Astro.

Posted by millionaire > 2012-11-19 15:05 | Report Abuse

yeah, high risk, "no further details given in the said summons" is very risky

Posted by yusufrb99 > 2012-11-19 15:32 | Report Abuse

add 2 lots buy at 2.71

Posted by bvc100x > 2012-11-19 16:15 | Report Abuse

dun buy, this counter very dangerous.

Posted by herbert 456 > 2012-11-19 16:16 | Report Abuse

Can push it down to 2.65 for today??

Posted by yusufrb99 > 2012-11-19 16:26 | Report Abuse

i don't think so, not for today

Posted by ahx252 > 2012-11-19 16:30 | Report Abuse

Tapi harga masih bertahan....

Posted by sotsot1986 > 2012-11-19 19:45 | Report Abuse

Their CEO jump in again at 3.00 per share.

Posted by herbert 456 > 2012-11-19 20:04 | Report Abuse

It doesn't make sense why she has to exercise her options now , when the market price is below the issue price.....

Posted by ledzepp > 2012-11-19 20:49 | Report Abuse

What? She exercises her option at RM3.00. I presume this is a free country. Anyone can do what they like with their money

Posted by yusufrb99 > 2012-11-19 20:55 | Report Abuse

as far as i know that ceo always like to jump in.she never like to jump out

Posted by Buy & Sell Sell & Buy > 2012-11-19 21:00 | Report Abuse

Not logical to exercise her options at 3.00rm. ???

Posted by ledzepp > 2012-11-19 21:03 | Report Abuse

Of course it's illogical. Unless the boss accepts monopoly money

Posted by ruslimz > 2012-11-20 00:42 | Report Abuse

on 19th november dato' rohana the ceo received 1000 lots of new astro shares under the management share scheme. part of explanation for the scheme as follows :
Remuneration committee during the duration of management share scheme make offers to grant the shares to our eligible executives. eligible executives who accepts the offer shall pay sum o RM 1.00 as consideration for acceptance of the offer. the grantees shall be entitled to receive new shares to be issued on the vesting date without further payment upon meeting the vesting condition as set out in the offer.

from the above explanation may be she got the shares for free. further more in the bursa announcement to day it was written price transacted for this 1000 lots share is RM 0.00.

Posted by ruslimz > 2012-11-20 00:46 | Report Abuse

latest she owned 3600 lots. Some she bought open market and some from the scheme

Posted by ledzepp > 2012-11-20 05:31 | Report Abuse

Oh.. what it means is that Astro grants her ESOS of 1000 lots; and to indicate that she accepts the offer she paid RM1.00. She has not exercised the ESOS yet. The ESOS price is stated in the offer. She may exercise at her leisure anytime in the future before the expiry of the offer. Normally, one will exercise when the market price is higher than the ESOS price

Posted by monreyes > 2012-11-20 06:27 | Report Abuse

someone explained earlier, it is pink form not esos, esos u can wait, but pink form u hv to exercise all, dats y some of the staff took financing

Posted by ruslimz > 2012-11-20 08:08 | Report Abuse

please open the bursamalaysia website. Yesterday announcement by bursa stated that on 19th november ceo received new 1000 lots of astro shares
at price rm 0.00. The shares is in her cds..not waiting to be exercise..it is under management share scheme (different with esos)....I am not sure the color of the form. You can read about this in IPO prospectus page 499.

Posted by tommylou > 2012-11-20 09:56 | Report Abuse

Dilute further w management incentivese shrs allocated and announce....oh oh

Posted by yusufrb99 > 2012-11-20 10:08 | Report Abuse

2.70 x 2 and 2.71 x 2 already come out at buy price.Tired!

Posted by Joyce Lang > 2012-11-20 10:10 | Report Abuse

when can this reach 2.75?sigh..really bad stock

Posted by minitrader > 2012-11-20 10:13 | Report Abuse

Sorry to say, not worth the tension and stress investing in Astro...there are better stocks out there...definitely Astro is not one of them....Strategy is to switch portfolio...

Posted by dliew888 > 2012-11-20 10:14 | Report Abuse

My thought when everyone has given up on the stock this will be time for the stock to move.....

Posted by millionaire > 2012-11-20 10:16 | Report Abuse

this counter will revisit 2.60, the support level

Posted by yusufrb99 > 2012-11-20 10:46 | Report Abuse

to consider buy back at 2.65 for intraday trade

Posted by moneyluv > 2012-11-20 10:47 | Report Abuse

In few days it will touch 2.59 again.. Worst counter always heading south! Ananda with his bribe case in India (maxis), summons case in Indonesia (assthrow).... Boycott his counter forever lah...

Posted by ongtkong > 2012-11-20 11:11 | Report Abuse

AK & buddies will support it @ 2.60

Posted by minitrader > 2012-11-20 11:19 | Report Abuse

The investing public had been cheated right from the first day of the IPO. Good stocks don't go south on listing date. What more it boasts as the 3rd largest IPO and bla bla bla. Bullshit!!! We were trapped in his cheating strategy. Even though it may revert back to RM3 one day, but at the moment, he had already killed lots of faithful IPO subscribers. Greed is one main factor in this IPO exercise. He insisted on RM3 whereas investors were asking 2.60-2.70.Greed that lured him to stay at RM3.

Posted by KC Loh > 2012-11-20 11:21 | Report Abuse

Cheat is a strong word minitrader, try greed! hehehehe