ASTRO MALAYSIA HOLDINGS BERHAD

KLSE (MYR): ASTRO (6399)

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Last Price

0.305

Today's Change

-0.02 (6.15%)

Day's Change

0.30 - 0.32

Trading Volume

6,965,200

Financial

Financial Year 2020


Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
Discussions
20 people like this. Showing 50 of 8,153 comments

hhhiii123

Cut loss, wait to see this company slowly dying..

1 month ago

raviy2k13

Taking it private at $0.50

1 month ago

birkincollector

bought some at 0.305😁

1 month ago

hhhiii123

No idea how long it will drop as long as churn rate still high and ringgit stay weak. Epf is losing money like crazy lol

1 month ago

diggiediggiedang

Soar high stock ran by soar high management.

1 month ago

diggiediggiedang

next AGM, lets propose to cut director fees & block GCEO ESOS. Since company went through a VSS, they should bear some responsibility.

4 weeks ago

EDwarrior

Wow look like return to 0.8 is unlikely

3 weeks ago

hhhiii123

0.8 lol, 0.20 also possible, drop to trash price then privatisation

3 weeks ago

EDwarrior

Bye bye Astro lol

3 weeks ago

Bohya777

if transformation fail then really byebye

3 weeks ago

BuySoLow SellEvenLower

Astro look like becoming Ashthrow, share price going to the dungs.

3 weeks ago

LimitUp

Astro turning to Ash....then only people realise why they didn't Throw...

3 weeks ago

LimitUp

Tomorrow is Friday maybe time to start throwing....

3 weeks ago

jack2

going 20 cts

3 weeks ago

nich0las

Profit 44Mil, why throw?

3 weeks ago

birkincollector

ok la better than my expectation 😀

3 weeks ago

gohkimhock

Astro closes FYE24 with record low profit and dividend. Sunset industry..

3 weeks ago

cheeseburger

looking at PE, this price should down to 0.15 at least

3 weeks ago

speakup

astro gone case

3 weeks ago

autoven

this stock for now...i dont see future...tvbox and many free app can install on smart tv for free....why need to pay monthly for astro to see those outmoded movies and drama?

3 weeks ago

Investsmart60

Astro still making profit dont forget

3 weeks ago

EDwarrior

Still dropping below 0.295. Useless stock in Bursa. So funny this company

3 weeks ago

DickyMe

"Investsmart60

Astro still making profit dont forget"
==========================

If it is true, then don't forget it is diminishing.

3 weeks ago

5354_

Debts situation how? Getting worse?

3 weeks ago

Investsmart60

Looks like debt is super bad. Assets mostly intangible valuation not sure can believe or not.

3 weeks ago

ysyap84

Usually, it will head to south after result released. More to go down. Support at 0.25.

3 weeks ago

Teh Diven

Who dare to invest?

3 weeks ago

DividendGuy67

Still downtrending. Fundamentally still overvalued for declining earnings, declining revenues, declining dividends. Still expensive relative to its NTA of 21 sen.

CEO, Board, management still dreaming. They still aim to be Malaysia's No 1 streaming platform. Still spending trying to achieve this. Hahaha. Just google Malaysia's top streaming platform. I can't find Astro inside that list. Instead I see Netflix, Disney+Hotstar, AppleTV+, viu, all recognizable name but Astro I can't find. Sad ...

3 weeks ago

DividendGuy67

Press release - CEO still throws big words like "world class content" ... then went on to quote examples of world class "All Stars Gegar Vaganza, Malaysia’s No.1 show, needs no introduction ..". Seriously? You think across the border, All Stars Gegar Vaganza needs no introduction??? Hahaha ... he continues to live in an alternate universe. Guess nobody in Astro has the balls to tell him otherwise.

3 weeks ago

DividendGuy67

For declining revenues and declining earnings, plus declining DPS, you don't really want to pay 5 times earnings. If EPS is 1-2 sen, that's 10 sen max. Its NTA is 21 sen, so, if you follow Graham, you want to invest at 70% NTA or 15 sen. It's currently 29.5 sen. Sure it's profitable, but if earnings continue to decline, there's no margin of safety ... I sold half my holdings at 40 sen and will probably hold the other half till 10-15 sen before I consider adding. This might take a couple of years or so ... thankfully, I was highly disciplined in position sizing, and despite owning ASTRO that loses monies, it didn't stop my portfolio from making new all time highs many times since last year.

3 weeks ago

DividendGuy67

TTM EPS is 0.71 sen. In Q3, they threw the kitchen sink and reported a loss of 0.90 sen. But in Q4, they make back 0.85 sen which looks big, but if sum H2 together, it is still a net loss of 0.05 sen i.e. this company is still LOSING money in the last 2 quarter.

In my 10 sen valuation, I was very generous by awarding ASTRO with 1-2 sen earnings, but remember, last 2 quarters, they didn't make money but lost monies by 0.05 sen. TTM is 0.71 sen, so to get to 2 sen, they will have to TRIPLE the effort of TTM i.e. it would be against the odds to bring it back to 2 sen per year SUSTAINABLE. Price might fall to 10 sen first before settling down at 20 sen (10 times EPS of 2 sen, remembering right now it's only 0.71 sen and last 2 quarters are NEGATIVE).

3 weeks ago

DividendGuy67

If ASTRO wants to be regarded as a stock for institutions, it has to do many things, one of which is reverse stock split. Right now, it's clearly a penny stock. It needs to reverse split at least 10:1 to bring it back to RM2.95 instead of RM0.295. Then, recapitalize at RM1.00 (equivalent to 10 sen) to dilute existing shareholder's share and if so, I'll subscribe at 10 sen.

3 weeks ago

DividendGuy67

Euan Smith has to make a decision in next 3 years - will he be the CEO that transformed ASTRO in the eyes of institutional investors, or will he be booted out in next 3 years.

3 weeks ago

DividendGuy67

For those of you who are still thinking of "Averaging Down", here's an article for you.

http s://dividendguy67.blogspot.com/2024/03/should-you-average-down-or-not.html

3 weeks ago

Investsmart60

If look segment, the tv is losing money. Only radio make money. Ceo can still talk talk talk.

3 weeks ago

5354_

Maybank TP RM 0.29 so not yet attractive?

3 weeks ago

5354_

Media, MediaC cheaper(in market capitalisation) if you like Media counters.

3 weeks ago

MR. BEAN

Interesting.

2 weeks ago

DickyMe

Posted by DickyMe > 2019-02-01 11:35 | Report Abuse
👆👆
d mc "your language show your standard." There, you just can't help being judgemental, aren't you? There is no difference in language, no such thing as polite or harsh words. Words form sentences which ultimately form a language. The words I used come from the same language you spoke. If you have mentally decided some words are inappropriate, it's your problem. You have set yourself a political correctness attitude. Not everyone will have to agree with you. The problem is, you cannot tolerate people who have opposing views.

This is an open forum to share pro and cons about a stock. I am sure it's not your website and I don't think i need your permission to post my views. You must be a fool to think that by me stating opposing remarks, it will negatively impact share price, which seems to be your insinuation. I am against Astro's way of rendering their services by dishing out rerun, disruption, no rebate and collecting subscription fees for thrashy shows.

There are many FREE alternatives enabled by technology with FREE copyright licence. So, I am not the problem to ASTRO but technology is. Here, many subscription based services have substandard quality from engineering, technical and customer service. Their only goal is to collect monthly subscription. It is akin to gangsters collecting protection money. Pirates! Astro is doomed in a couple of years.

2 weeks ago

n3lly

my 2c,

ASTRO should shed its DTV business model and streamline to be a content aggregator. 1st order of business is to make a full pivot towards full broadband and then merging with MAXIS.

Touching abit on MAXIS, having to compete with the current enlarged CelcomDigi and Malaysia gov's decision to force telcos to subscribe to DNB's 5g have caused MAXIS to have very little differentiating service. Same goes to MAXIS' wholesale purchase of HSBB from TM which are equally cut throat where subscriber will switch between TM depending promotion.

For the uninitiated, calling ASTRO as sunset in uncalled for. It's MEASAT and DTV that's a sunset business. As for ASTRO, it remains as the primary source of local content for the community and will most likely here to stay.

Lastly, for those people that compares ASTRO againts the like of NETFLIX, HBO+, Disney etc etc. Do you know that ASTRO offers bundle with those foreign streaming platform? Rather than having to manage several subscription, ASTRO's bundle offers a lot of value.

By merging ASTRO and MAXIS, believe there will be huge synergy to my points above. The only stumbling block to the merger above is the consideration of MEASAT's existence which to me is a huge conflict of interest.

2 weeks ago

DickyMe

Astro bundles are heavily chopped junk shows to appease a certain section of the community. It's waste of money.

2 weeks ago

Investsmart60

Whatever u said unifi tv already done. Astro will need to play the catch up gain if ever they decide to pivot

2 weeks ago

TiffanixLVxHermes

on board @ 0.30
TP 0.35

2 weeks ago

Bohya777

got future meh this astro

1 week ago

Mg11killerVarna

It's clear that you've done your homework on the financials and are making informed decisions based on that analysis. Your ability to maintain a profitable portfolio despite the challenges shows a commendable level of skill and patience in navigating the market https://geometry-free.com

1 week ago

nich0las

Think Astro will drop below 0.30. Maybe 0.25 stop. Will see how later. Happy investing!

1 week ago

Bohya777

always late to new venture....

1 week ago

MR. BEAN

Big Fund is coming.
Green Angpao to all my minions.

4 days ago

Bohya777

Red week incoming

13 hours ago

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