KLSE (MYR): ASTRO (6399)
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Last Price
0.305
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Opening
2012-09-21
Closing
2012-09-21
Allotment Date
2012-10-17
Listing Date
2012-10-19
Issue Price
3.00
Units
5,197,300,000
Share Capital
0.000
Public Issue
-
Offer for Sale
-
Private Placement
-
MIH 535
MYL6399OO009
INITIAL PUBLIC OFFERING OF UP TO 1,518,300,000 ORDINARY SHARES OF RM0.10 EACH IN ASTRO MALAYSIA HOLDINGS BERHAD ("ASTRO MALAYSIA") ("IPO SHARES") COMPRISING A PUBLIC ISSUE OF 474,300,000 NEW ORDINARY SHARES OF RM0.10 EACH IN ASTRO MALAYSIA ("SHARES") ("ISSUE SHARES") AND AN OFFER FOR SALE OF UP TO 1,044,000,000 EXISTING SHARES INVOLVING:
(I) THE INSTITUTIONAL OFFERING OF UP TO 1,258,435,000 IPO SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS, INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND
(II) THE RETAIL OFFERING OF 259,865,000 ISSUE SHARES TO THE MALAYSIAN PUBLIC, THE DIRECTORS AND ELIGIBLE EMPLOYEES OF ASTRO MALAYSIA AND ITS SUBSIDIARIES ("ASTRO MALAYSIA GROUP"), ELIGIBLE DIRECTORS AND EMPLOYEES OF USAHA TEGAS SDN BHD AND ITS SUBSIDIARIES, ELIGIBLE SALES AGENTS, INDEPENDENT CONTRACTORS, TALENT AND SUBSCRIBERS OF THE ASTRO MALAYSIA GROUP AND OTHER PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF ASTRO MALAYSIA GROUP AT THE RETAIL PRICE OF RM3.00 PER SHARE ("RETAIL PRICE"), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND THE FINAL RETAIL PRICE IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE,
SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS. THE FINAL RETAIL PRICE WILL EQUAL THE LOWER OF
(I) THE RETAIL PRICE AND
(II) THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING.
ASTRO-Definitions-Contents-CorpDirectory (580KB).pdf
ASTRO-Intro-Summary (570KB).pdf
ASTRO-IPO'sDetails (365KB).pdf
ASTRO-Risk-Restructuring-ListingScheme (695KB).pdf
ASTRO-Business II (740KMB).pdf
ASTRO-M'sian Media Industry-Regulation Of Broadcasting In M'sia (455KB).pdf
ASTRO-Shareholders-Directors-Mgmt (610KB).pdf
ASTRO-Info On ASTRO (705KB).pdf
ASTRO-Proforma-Selected Financial & Operational Data (695KB).pdf
ASTRO-MgmtDiscussion & Analysis I (635KB).pdf
ASTRO-MgmtDiscussion & Analysis II (595KB).pdf
ASTRO-Material Indebtedness-Future Financial Info (570KB).pdf
ASTRO-Underwriting-Conditions-RPT (585KB).pdf
ASTRO-Draft Bye-Laws (340KB).pdf
ASTRO-Additional Info (1MB).pdf
ASTRO-EnglishLaw-Articles Of Association (530KB).pdf
ASTRO-Accountants'Report I (850KB).pdf
ASTRO-Accountants'Report II (860KB).pdf
ASTRO-Accountants'Report III (825KB).pdf
ASTRO-Accountants'Report IV (840KB).pdf
ASTRO-Accountants'Report V (840KB).pdf
ASTRO-Directors'Report-LegalOpinion (305KB).pdf
ASTRO-ApplicationProcedure (580KB).pdf
ASTRO-Annexure B & C (200KB).pdf
ASTRO-NoticeOfProspectus (118KB).pdf
ASTRO-Cover to Page 250 (2.8MB).pdf
ASTRO-Page 251 to Page 450 (1.8MB).pdf
ASTRO-Page 451 to Annexure E36 (2.1MB).pdf
ASTRO-NoticeOfProspectus (118KB).pdf
ASTRO-Cover to Page 250 (2.8MB).pdf
next AGM, lets propose to cut director fees & block GCEO ESOS. Since company went through a VSS, they should bear some responsibility.
1 month ago
Astro look like becoming Ashthrow, share price going to the dungs.
1 month ago
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?
1 month ago
"Investsmart60
Astro still making profit dont forget"
==========================
If it is true, then don't forget it is diminishing.
1 month ago
Looks like debt is super bad. Assets mostly intangible valuation not sure can believe or not.
1 month ago
Usually, it will head to south after result released. More to go down. Support at 0.25.
1 month ago
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 ...
1 month ago
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.
1 month ago
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.
1 month ago
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).
1 month ago
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.
1 month ago
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.
1 month ago
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
1 month ago
If look segment, the tv is losing money. Only radio make money. Ceo can still talk talk talk.
1 month ago
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.
4 weeks ago
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.
4 weeks ago
Astro bundles are heavily chopped junk shows to appease a certain section of the community. It's waste of money.
3 weeks ago
Whatever u said unifi tv already done. Astro will need to play the catch up gain if ever they decide to pivot
3 weeks ago
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
2 weeks ago
Think Astro will drop below 0.30. Maybe 0.25 stop. Will see how later. Happy investing!
2 weeks ago
diggiediggiedang
Soar high stock ran by soar high management.
1 month ago