ASTRO MALAYSIA HOLDINGS BERHAD

KLSE (MYR): ASTRO (6399)

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Last Price

0.225

Today's Change

0.00 (0.00%)

Day's Change

0.22 - 0.23

Trading Volume

1,052,800


20 people like this.

8,242 comment(s). Last comment by nisah395 4 days ago

villa1668

1,236 posts

Posted by villa1668 > 2018-10-15 16:55 | Report Abuse

Just install tv box, watch football live for free. Why need to subscribe astro? La Liga, EPL, etc,. All available in TV Box. Including Spain vs England match tonight.

BillyK

570 posts

Posted by BillyK > 2018-10-15 17:06 | Report Abuse

how to install tv box?

Posted by villa1668 > Oct 15, 2018 04:55 PM | Report Abuse

Just install tv box, watch football live for free.

villa1668

1,236 posts

Posted by villa1668 > 2018-10-15 17:19 | Report Abuse

Billy K, many tvbox in the market already.

Fyi.
https://www.bein.net/en/tv-guide/

You can watch the Bein sport channels for free.
When i installed about RM300 plus, for 1 time charge only.

d mc

16 posts

Posted by d mc > 2018-10-15 21:20 | Report Abuse

i am wondering is tvbox legal? do they pay for license to publish all the contents?
If it is illegal, what to worry as i thought Malaysia got law one unless the minister is still sleeping.
eveything is copyright today, use it when it is still in grey zone.
i appreciate the creatives and works from all entertainment industries so i pay for the legal channel.
without copyright and advertisement income for entertainment industries, next time no one will produce good movies. Cinema also can close down d coz you can watch from your tvbox ma.

laychee

1,743 posts

Posted by laychee > 2018-10-15 22:04 | Report Abuse

Don't worry, government is not encouraging legal content. Their focus is only on poor people.

Posted by Johnson Wong > 2018-10-17 10:44 | Report Abuse

TV Box many technical problem. Astro still better

laychee

1,743 posts

Posted by laychee > 2018-10-17 19:24 | Report Abuse

Some china streams block Malaysian IP. Plenty of documentary in Astro to watch. Nice. But most youngsters nowadays just watch latest china drama for free learning money is good and quick money to faster migrate to other countries. Sad life.

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-18 16:10 | Report Abuse

Can Beli? Bottom already at 1.35? :)

17/10/2018 1.37
16/10/2018 1.36
15/10/2018 1.36
12/10/2018 1.44
11/10/2018 1.46
10/10/2018 1.39
09/10/2018 1.45
08/10/2018 1.52
05/10/2018 1.53
04/10/2018 1.50
03/10/2018 1.52
02/10/2018 1.50
01/10/2018 1.53
28/09/2018 1.47
27/09/2018 1.52
26/09/2018 1.66
25/09/2018 1.66
24/09/2018 1.69
21/09/2018 1.73
20/09/2018 1.70

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-18 16:28 | Report Abuse

IPO price was rm3, can offer to privatise at rm1.50 now :)

Astro share price soars on privatisation potential
STOCK ON THE MOVE
Wednesday, 6 Jun 2018

10:05 AM MYT
image: https://www.thestar.com.my/~/media/online/2018/05/21/02/32/stockfocus-up.ashx/?w=620&h=413&crop=1&hash=D8E055F5DFB1E3A56D396B29EE5E227197F2975B


image: https://content.aimatch.com/default.gif

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Int_Business_Finance_SME,Int_Property_Affluent,Int_Automotive,Int_Business_Finance,Int_Entertainment,Int_Tech_Telco,all,Int_Property_Financing,Int_Automotive_Affluent,Int_Property,Int_Business_Finance_PersonalFinancing

KUALA LUMPUR: Astro Malaysia Holdings
image: https://cdn.thestar.com.my/Themes/img/chart.png

Bhd’s share price jumped in early trade Wednesday after it was reported that its owned T. Ananda Krishnan is mulling to take the company private.

The pay-TV operator rose 10.63%, or 15 sen to RM1.75 with 4.57 million shares traded.
image: https://content.aimatch.com/smg/85/R1-Ribena-License-to-Joy-Digital(300x250).jpg


image: https://bcp.crwdcntrl.net/5/c=5593/b=58316028

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Int_Business_Finance_SME,Int_Property_Affluent,Int_Automotive,Int_Business_Finance,Int_Entertainment,Int_Tech_Telco,all,Int_Property_Financing,Int_Automotive_Affluent,Int_Property,Int_Business_Finance_PersonalFinancing

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Bloomberg reported that Ananda is weighing the possibility of taking Astro private after shares of the pay-TV operator dropped to a record low.

The tycoon has revived deliberations about a buyout of Kuala Lumpur-based Astro, which had a market value of US$1.9bil at Monday’s close, according to the people.
image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Int_Business_Finance_SME,Int_Property_Affluent,Int_Automotive,Int_Business_Finance,Int_Entertainment,Int_Tech_Telco,all,Int_Property_Financing,Int_Automotive_Affluent,Int_Property,Int_Business_Finance_PersonalFinancing



The tycoon controls a 40.9% stake in Astro as of April 10, the company’s latest annual report shows. Khazanah Nasional Bhd owns 20.7%, while Employees Provident Fund holds 7.8%.

Ananda is known for buying out minority investors in his listed companies when their stock is slumping, only to bring them back to market at higher valuations later.

Astro, then known as Astro All Asia Networks Plc, completed an initial public offering in 2003 and was taken private by Ananda in 2010. Its domestic operations were relisted just over two years later, with the overseas businesses remaining in private hands.

Read more at https://www.thestar.com.my/business/business-news/2018/06/06/astro-share-price-soars-on-privatisation-potential/#oIZwCdworoPkpudw.99

BillyK

570 posts

Posted by BillyK > 2018-10-18 16:31 | Report Abuse

low but still can go lower

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-19 09:03 | Report Abuse

For astro, any news about privatisation for the 2nd time, the price will fly

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-19 09:07 | Report Abuse

:) would history repeat itself?

Ananda undertook a management buyout of the company when it was known as Astro All Asia Networks Plc in a deal worth RM8bil, or RM4.30 per share, in 2010. Two years later, he relisted the company, minus its overseas assets, as Astro Malaysia Holdings Bhd, with an initial public offering (IPO) price of RM3 per share.
Read more at https://www.thestar.com.my/business/business-news/2018/06/09/is-it-a-good-time-to-take-astro-private/#oAyJdt3Rq7pPW0GQ.99

BillyK

570 posts

Posted by BillyK > 2018-10-19 09:39 | Report Abuse

once break previous low 1.31, can still go lower and lower

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-19 10:04 | Report Abuse

Wait4morw buyback by the largest shareholder :)

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

ASTRO MALAYSIA HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name MR ANANDA KRISHNAN TATPARANANDAM ("TAK")
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares in Astro Malaysia Holdings Berhad ("AMH Shares")
Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
1 11 Oct 2018
416,400
Acquired Deemed Interest
Name of registered holder Mujur Sanjung Sdn Bhd
Address of registered holder Level 39, Menara Maxis Kuala Lumpur City Centre 50088 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Increase in the number of AMH Shares over which TAK's deemed interest is held following the acquisition by Mujur Sanjung Sdn Bhd ("MSSB") in the open market of 416,400 AMH Shares representing 0.008% of the equity interest in Astro Malaysia Holdings Berhad ("AMH")
Nature of interest Deemed Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units) 2,147,374,026
Indirect/deemed interest (%) 41.186
Total no of securities after change 2,147,374,026
Date of notice 15 Oct 2018
Date notice received by Listed Issuer 15 Oct 2018


Remarks :
TAK is deemed to have an interest in 2,147,374,026 AMH Shares, representing approximately 41.186% equity interest in AMH as at 11 October 2018, by virtue of the following:-

(a) the deemed interest of PanOcean Management Limited ("PanOcean") in 1,249,075,472 AMH Shares, representing approximately 23.957% equity interest in AMH as at 11 October 2018. PanOcean is the trustee of a discretionary trust, the beneficiaries of which are members of the family of TAK and foundations including those for charitable purposes. Although PanOcean is deemed to have an interest in such AMH Shares, PanOcean does not have any economic or beneficial interest over the AMH Shares, as such interest is held subject to the terms of the discretionary trust referred to above.

PanOcean holds 100% equity interest in Excorp Holdings N.V. ("Excorp") which in turn holds 100% equity interest in Pacific States Investment Limited ("PSIL").

PSIL holds 99.999% equity interest in Usaha Tegas Sdn Bhd ("UTSB").

UTSB holds 100% equity interest in Usaha Tegas Entertainment Systems Sdn Bhd ("UTES"), while UTES in turn holds 100% equity interest in All Asia Media Equities Limited ("AAME"). UTES and AAME collectively hold directly 1,249,075,472 AMH Shares representing approximately 23.957% equity interest in AMH as at 11 October 2018.

Although TAK is deemed to have an interest in the 1,249,075,472 AMH Shares collectively held by UTES and AAME, he does not have any economic or beneficial interest over such AMH Shares, as such interest is held subject to the terms of the discretionary trust referred to above; and

(b) the interests of East Asia Broadcast Network Systems N.V. ("EABNS"), Pacific Broadcast Systems N.V. ("PBS"), Home View Limited N.V. ("HVL"), Southpac Investments Limited N.V. ("SIL"), Ujud Cergas Sdn Bhd ("UCSB"), Metro Ujud Sdn Bhd ("MUSB"), MSSB, Prisma Gergasi Sdn Bhd ("PGSB") and Ujud Murni Sdn Bhd ("UMSB") which collectively hold directly 898,298,554 AMH Shares representing approximately 17.229% equity interest in AMH as at 11 October 2018. TAK is deemed to have an interest in the 898,298,554 AMH Shares collectively held by EABNS, PBS, HVL, SIL, UCSB, MUSB, MSSB, PGSB and UMSB by virtue of his 100% equity interest in their respective ultimate holding companies viz. Tucson N.V., Orient Systems Limited N.V., Home View Holdings N.V., Southpac Holdings N.V., All Asia Radio Broadcast N.V., Global Radio Systems N.V., Maestra International Broadcast N.V., Maestra Global Radio N.V. and Global Broadcast Systems N.V.

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-19 10:05 | Report Abuse

Buy astro for dividend, pay few times yearly :)

26/09/2018 Second interim dividend 0.025
06/06/2018 First Interim Dividend 0.025
07/05/2018 Final Dividend 0.005
28/03/2018 Interim Dividend 0.03
06/12/2017 Interim Dividend 0.03
14/09/2017 Second interim dividend 0.03
14/06/2017 First Interim Dividend 0.03
16/05/2017 Final Dividend 0.005
28/03/2017 Interim Dividend 0.03
07/12/2016 Interim Dividend 0.03
14/09/2016 Second interim dividend 0.03
31/05/2016 First Interim Dividend 0.03
29/04/2016 Final Dividend 0.0100
22/03/2016 Interim Dividend 0.0275
08/12/2015 Interim Dividend 0.0275

nate87

3 posts

Posted by nate87 > 2018-10-19 12:55 | Report Abuse

buy buy buy?

tnang

696 posts

Posted by tnang > 2018-10-19 13:54 | Report Abuse

buy buy buy arnanda and epf is buying

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-19 15:00 | Report Abuse

1.4 by day end? :)

Hafid

1,135 posts

Posted by Hafid > 2018-10-19 15:06 | Report Abuse

1.31

tnang

696 posts

Posted by tnang > 2018-10-19 16:50 | Report Abuse

haha, closed 1.40 and all done

tnang

696 posts

Posted by tnang > 2018-10-19 16:51 | Report Abuse

arnanda buy

MrKiaSi

21 posts

Posted by MrKiaSi > 2018-10-19 19:56 | Report Abuse

Ananda keep buying....
Big news soon....

freddiehero

16,722 posts

Posted by freddiehero > 2018-10-19 20:40 | Report Abuse

too early buy back..

freddiehero

16,722 posts

Posted by freddiehero > 2018-10-19 20:40 | Report Abuse

still long way to go

laychee

1,743 posts

Posted by laychee > 2018-10-19 22:13 | Report Abuse

Buy for dividend ok.

laychee

1,743 posts

Posted by laychee > 2018-10-21 13:08 | Report Abuse

If expect supermx or dufu moment, this is not for you.

Faiza

667 posts

Posted by Faiza > 2018-10-21 13:14 | Report Abuse

Want to buy, buy la
Not the time yet
Market is bearish

freddiehero

16,722 posts

Posted by freddiehero > 2018-10-21 13:53 | Report Abuse

2019 standby mode

freddiehero

16,722 posts

Posted by freddiehero > 2018-10-21 13:53 | Report Abuse

2020 ready for bullet

BillyK

570 posts

Posted by BillyK > 2018-10-23 10:56 | Report Abuse

epf also selling

Posted by SharePlayer > 2018-10-23 11:28 | Report Abuse

Quite attractive, but my money still at FD till december

BillyK

570 posts

Posted by BillyK > 2018-10-23 13:28 | Report Abuse

let it finds its bottom

naruko

338 posts

Posted by naruko > 2018-10-23 13:40 | Report Abuse

buy slowyly

angkokann

705 posts

Posted by angkokann > 2018-10-23 14:07 | Report Abuse

From2.6 to 1.25. Very soon 1

limunn

20 posts

Posted by limunn > 2018-10-23 14:16 | Report Abuse

i think it will continue to drown when budget is around the corner.

BillyK

570 posts

Posted by BillyK > 2018-10-23 14:19 | Report Abuse

prolong bearish market
will head to 1.0 and below

lindako

52 posts

Posted by lindako > 2018-10-23 21:44 | Report Abuse

better run tomorrow

Cnlim

490 posts

Posted by Cnlim > 2018-10-23 22:41 | Report Abuse

Don't have to tell then cannot sell good price

freddiehero

16,722 posts

Posted by freddiehero > 2018-10-23 23:07 | Report Abuse

fastest.. roller coaster

PVA1

59 posts

Posted by PVA1 > 2018-10-24 03:45 | Report Abuse

Since the announcement of a weak 2QFY19 result, Astro’s share price slumped 18.1% (Till 22 Oct 2018). For the coming quarter, Streets expect an earnings recovery due to normalisation of content cost and adex post-World Cup and tax holiday.

At current level (22 Oct 2018), Streets opine the market has already priced-in the negative factors concerning the group’s prospects while dividend yield remains attractive at c.7% pa. In addition, its valuation (22 Oct 2018) appears to be undemanding (currently trades at only 10.8x PE to FY20F EPS of 12.5 sen, more than 2SD below its 5-year historical average).

In addition, the single largest shareholder (T. Ananda Krishnan) has been accumulating Astro’s shares in the market of late (Total shares bought since June 2018: 14.2m).

Another potential catalyst would be the possible merger and/or privatisation by its major shareholder.

Convergence is the key to staying relevant in the long run. Astro is currently (22 Oct 2018) facing the risk of regulatory pressure with the new government planning to liberalise and promote competition in the pay-TV segment (as mentioned in the PH manifesto and mid-term review of 11th Malaysia Plan – to review and streamline the role of monopoly entities) through distribution of more broadcasting licenses to new players.

PVA1

59 posts

Posted by PVA1 > 2018-10-24 03:45 | Report Abuse

While it may be challenging for new players to survive in the long term given the capex-intensive nature of the industry, heavy investment required for content cost and the exclusivity of broadcasting rights, a foreign convergence player which has experience in telecommunication and media industries could still post an unprecedented threat to the local pay-TV incumbent.

Observers opine a merger with Maxis would be able to address this issue and enable Astro to compete effectively as a convergence player, offering disparate mobile, fixed broadband and pay TV services in a single package.

The potential impact of a merger deal is favourable to Astro as the shares will mostly likely be priced at a premium in the deal and the combined entity will benefit from earnings accretion being a convergence player.

To recap, despite recording flat revenue, Astro’s normalised net profit slumped by 80.8% YoY to RM46.6m in 2QFY19, mainly hit by i) the jump in content cost for 2018 FIFA World Cup broadcasting rights and worsen by the weaker ringgit, ii) the weaker-than-expected adex due to the reduced need to advertise during the tax holiday period (June-Aug 2018) and iii) the higher finance cost.

Post 2018 FIFA World Cup and tax holiday (only one month falls on 3QFY19) however, Streets expect both the exceptionally high content cost and weak adex to normalise and hence the group’s results to recover in the subsequent quarter.

laychee

1,743 posts

Posted by laychee > 2018-10-24 14:19 | Report Abuse

A lots of haters for this counter + potential 'sacrifice' by budget 2019 spooked potential buyers.

signalmw

3,314 posts

Posted by signalmw > 2018-10-25 10:46 | Report Abuse

to

Posted by Johnson Wong > 2018-10-26 09:39 | Report Abuse

TP 2.0

Posted by Johnsonwong > 2018-10-26 15:48 | Report Abuse

undervalue

Posted by moneyfacetrader > 2018-10-29 16:16 | Report Abuse

not now then when?

Posted by golddiggerboy > 2018-10-29 22:40 | Report Abuse

bought some for high dividend!

linges

2,701 posts

Posted by linges > 2018-10-30 01:38 | Report Abuse

Should expect future dividend
@ 2.5c x 4 = 10c per year
(do not include usual half-cent final dividend)

at today closing price 1.36...expected dividend yield is 7.3%...assuming price remaining same for next one year..

Just sharing my 2cent calculation :)

linges

2,701 posts

Posted by linges > 2018-10-30 01:42 | Report Abuse

Hope no one mislead by KLSE Screnner apps DY 8.5% figures...which calculated historical 12-months DY...better calc future DY based on previous quarter dividend rate..

laychee

1,743 posts

Posted by laychee > 2018-10-30 17:25 | Report Abuse

If you notice the interval ad in drama series, it increases by around 100%. Last quater during 509, the number of ad is around 3, now can easily see 5-9 ads.

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