ASTRO MALAYSIA HOLDINGS BERHAD

KLSE (MYR): ASTRO (6399)

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Last Price

0.59

Today's Change

0.00 (0.00%)

Day's Change

0.585 - 0.595

Trading Volume

3,596,000

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19 people like this. Showing 50 of 7,450 comments

Good123

Sabar bro! Sumber: Maybank investment

Not looking forward to the World Cup
3Q/9MFY23 results underperformed our expectations. We expect 4QFY23 to breakeven at best due to high FIFA World CUP content cost. While we expect quarterly earnings to rebound after 4QFY23, easing TV subscription revenue and rising content cost will compress margins. Cut EPS estimates by 9-17%. Rolling forward our valuation base year to end-FY24E from end-FY23E, we cut our DCF-based TP to MYR0.74 from MYR0.82. Maintain HOLD.

3 weeks ago

Good123

Dah mau terbang :)

2023-01-12 0.605 +0.01 (1.68%)
2023-01-11 0.595 -0.005 (0.833%)
2023-01-10 0.60 0.00 (0.00%)
2023-01-09 0.60 0.00 (0.00%)
2023-01-06 0.60 0.00 (0.00%)
2023-01-05 0.60 -0.015 (2.439%)
2023-01-04 0.625 -0.02 (3.10%)
2023-01-03 0.645 -0.005 (0.769%)
2022-12-30 0.65 +0.01 (1.562%)
2022-12-29 0.65 +0.005 (0.775%)
2022-12-28 0.645 -0.005 (0.769%)

3 weeks ago

Good123


Astro: more reasons to be happy than upset? - FMThttps://www.freemalaysiatoday.com › 2022/12/19 › astr...
19 Dec 2022 — After setting aside the unrealised forex loss, Astro's 9M FY2023 core net profit of RM295.3 million came to 73% of its full-year forecast ...

Astro on investor radar for better long-term prospects - FMThttps://www.freemalaysiatoday.com › 2022/07/29 › astr...
29 Jul 2022 — Efficient advertising and live programming expected to boost long-term prospects and revenue stream.

3 weeks ago

Good123

Sabar bro!
Dah mula terbang :)

3 weeks ago

Good123

Kwsp mungkin dah habis pelarasannya, dah cukup jumlah hahaha

Terbanglah:)

3 weeks ago

Good123

Another cypark anytime

3 weeks ago

Good123

Tren yg Sama macam cypark semasa asb melaraskan jumlah syer cypark..

Astro akan terbang balik

3 weeks ago

Good123


KUALA LUMPUR: The domestic market tacked on more gains at Friday's open as the confirmation of slowing US inflation boosted investors' appetite for equities.

TA Securities Research said the market is expected to remain range-bound with upward bias ahead of the weeked as hopes of peaking inflation inflation in the US and China's reopening momentum ease pressure on rising rates and promote growth.

"Immediate index supports at 1,460 and 1,450 should cushion downside, with better supports from 1,420 and 1,400.

"Immediate resistance remains at the 1,500 psychological level, with 1,512, and the August high near 1,528 as stronger resistance levels, followed by 1,550 and 1,570 as tougher upside hurdles," it said.

At 9.05am, the benchmark FBM KLCI was set to end the week on a positive note, having risen 2.54 points to 1,491.2. The gainers on the market outpaced the decliners 175 to 97.

Trading volume was 200.7 million shares valued at RM85.23mil.

Meanwhile, Malacca Securities Research noted that the higher price of Brent crude to around US$84 a barrel could also lift sentiment on the local bourse.

Contravening this upside was comments made by the Deputy Prime Minister and Minister of Plantation and Commodities on the potential halt of palm oil exports to the European Union, which could trigger higher volatility in plantation counters.

Amid rising sentiment in technology counters, there was strong buying interest in Hextar Technologies, which rose RM1.42 to RM23.62. MPI gained 12 sen to RM32.50, Frontken jumped seven sen to RM3.38 and UMW added seven sen to RM3.71.

Serba Dinamik topped the list of active counters as it reopened for trading after a suspension, gaining 1.5 sen to 2.5 sen.

NationGate added a further eight sen to RM1.08 following a stellar performance on its debut yesterday, in which it blew past analyst targets.

3 weeks ago

Good123

60.5sen habis

61sen to be cleared :)

3 weeks ago

Good123

Kemungkinan kenaikan harga dengan mengejut macam cypark tak dinafikan.. sabar bro!!!

3 weeks ago

Good123

61sen cleared

61.5sen kini :)

3 weeks ago

Good123

Menuju 70sen. :)

3 weeks ago

Good123

Terbaik

bank expect next hike 25points only

3 weeks ago

Good123

61.5sen habis..

Clearing 62sen

Terbaik

Uptrend started

3 weeks ago

Good123

Kenaikan semula harga syer astro dah dijangkakan... Tiada yg pelik :)

Cypark dah buktikan, kenapa tidak :)

3 weeks ago

Good123

let's others dapat 1-2sen jual dahulu... macam cypark, ramai dah jual pada 40sen ++ harga kini dah 70sen++

Jadi, bagi astro, usah cut profit terlalu awal haha

3 weeks ago

Good123

Mereka yg dpt untung besar dalam cypark akan salurkan dana ke astro kot?

Tunggu dan lihat okey

3 weeks ago

Good123

macam cypark, ramai yg jual atau potong untung terlalu awal... Usah ya! jangan buat yg sama bg astro ya!

Cypark
2023-01-12 0.715 0.72 0.69 0.695 -0.02 (2.797%) 16,223,100
2023-01-11 0.705 0.73 0.685 0.715 +0.015 (2.142%) 60,259,100
2023-01-10 0.655 0.715 0.645 0.70 +0.045 (6.87%) 64,901,100
2023-01-09 0.645 0.695 0.62 0.655 +0.005 (0.769%) 55,232,300
2023-01-06 0.585 0.705 0.58 0.65 +0.065 (11.111%) 114,764,300
2023-01-05 0.54 0.59 0.525 0.585 +0.05 (9.345%) 57,701,200
2023-01-04 0.52 0.57 0.52 0.545 +0.025 (4.807%) 57,661,600
2023-01-03 0.47 0.54 0.455 0.52 +0.05 (10.638%) 85,335,200
2022-12-30 0.43 0.485 0.42 0.47 +0.05 (11.904%) 55,339,000
2022-12-29 0.42 0.465 0.41 0.42 -0.005 (1.176%) 35,874,500
2022-12-28 0.445 0.48 0.42 0.425 -0.015 (3.409%) 65,552,600
2022-12-27 0.39 0.445 0.39 0.44 +0.055 (14.285%) 69,376,800
2022-12-23 0.38 0.385 0.37 0.385 +0.005 (1.315%) 9,829,500

3 weeks ago

Good123

mereka yg mau untung 1-2sen untuk minum kopi, biarkanlah mereka cabut dulu okey hahaha

3 weeks ago

Good123

bARU MAU BERLEPAS USAH KECUT YA

3 weeks ago

Good123

NAK BELI CEPAT SEDIKIT, BILA DAH CUKUP JUMLAH, IA AKAN BERLEPAS :)

3 weeks ago

Good123

4mil shares++ were grabbed

3 weeks ago

Good123

101% agreed:)



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Malaysia
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ASTRO

+0.01

0.615

1.65%

PASUKGB

0.00

0.015

0.00%

CYPARK

+0.005

0.70

0.72%

SENHENG

-0.005

0.585

-0.85%

MAGNUM

+0.01

1.28

0.79%

CHHB

-0.01

0.39

-2.50%

MLAB

+0.005

0.02

33.33%

CAPITALA

+0.015

0.71

2.16%

Media - Err on the Side of Caution
Date:
2023-01-05
Firm:
HLG
Stock:
ASTRO
Price Target:
0.95
Price Call:
BUY
Last Price:
0.615
Upside/Downside:
+0.335 (54.47%)
It is no surprise that the relaxation of pandemic restrictions and the resumption of economic activities helped to drive the growth and recovery in adex seen in 10M22 vs 2021. However, as revenge spending by consumers normalizes following the diminishing base effect and weakening consumer sentiment caused by inflationary risks, advertisers could be more cautious on their ad spend. We therefore downgrade our sector rating to NEUTRAL. There are no changes to our calls and TPs for Astro (BUY; TP: RM1.15), Star (HOLD; TP: RM0.31) and Media Prima (BUY; TP: RM0.54). Top pick for the sector is Astro.

Adex improvement. Unsurprisingly, Malaysia’s adex environment saw vast improvement in 2022 compared to 2021 as the country transitioned to endemicity on 1 Apr, allowing the economy to completely reopen. Based on Nielsen’s data (see Figure #1), 10M22 adex grew by 12% with total industry adex reaching RM5.3bn (10M21: RM4.73bn), following the country’s full reopening of economic activities. All segments registered YoY growths except for in-store media (-66.4%). Top 3 biggest improvements were seen in the cinema (+9.2x), digital (+33.6%) and radio (+29.4%) segments. Notably, we are seeing a bigger shift away from newspapers as a major advertising segment into digital as the gap between the two has widened further (newspapers vs digital adex for 10M21: RM722.3m vs RM815.2m; for 10M22: RM863.8m vs RM1.1bn).

Bleak sentiments. MIER’s latest Consumer Sentiment Index (CSI) and Business Conditions Index (BCI) for 3Q22 came in at 98.4 and 99.8 points respectively, which are both still below the 100-point optimism threshold (see Figure #2). While the QoQ improvement is noted, it is still too early to consider that as indicating optimism. With an uncertain economic outlook for 2023, any decline in consumer spending could negatively impact advertiser’s sentiment and thus lower adex spending. Other than that, the RAM-CTOS Business Confidence Index reading for 4Q22 came in at 46.2 (see Figure #3). This has declined for two consecutive quarters, with the latest reading below the 50-point neutral mark (i.e. >50 is positive, <50 is negative). Firms surveyed stated rising costs to be the main challenge faced with the weakening economy coming in second. Should inflation remain elevated, costs could remain higher for longer and hamper any improvement in business sentiment.

Weakening USD against RM. The USD has begun to come off its peak while the RM has regained its strength post GE15. Should the USD continue to weaken relative to the RM in the following months, this will help ease elevated newsprint costs which is a positive for Star Media, as its print segment might see margin improvements, whereas Astro might see lower hedging costs as the group regularly hedges its USD exposure.

2023 Outlook. With the merits of economic reopening mostly reaped in 2022, the base effect would start to diminish this year. A key dampener to consumer sentiment would be the rising cost of living which would lead to consumers cutting back on discretionary spending – this may in turn cause advertisers to be more cautious with their ad spend as well. 4Q22 adex should be stronger as advertisers spend more freely for the Christmas and Chinese New Year periods, as well as coming off the back of the FIFA World Cup. However, looking further ahead, there is a lack of clarity on the trend of adex following the fluidity of global economic events. For these reasons, we downgrade our sector rating to NEUTRAL (from Overweight). Top pick for the sector is Astro (BUY, TP: RM0.95) as we believe that following the recent selloff, most of the negatives facing the group have been priced in. Moreover, the stock has a projected FY23-24f dividend yield of 9.8%.


Source: Hong Leong Investment Bank Research - 5 Jan 2023

3 weeks ago

Good123

Bila pelancong2 china kembali, banyak restoran, hotel, dll kembali subscribe astro untuk pelancong2 dari China .. sabar bro! Usah potong untung terlalu awal

3 weeks ago

Good123

Usah bermusuh dengan wang melawan trend :)

3 weeks ago

Good123

sesiapa yg minat rising stock, astrolah gilirannya

3 weeks ago

Good123

Ramalan penganalisa kian menjadi nyata... sabar bro!

3 weeks ago

Good123


Date Open Price Target Price Upside/Downside Price Call Firm View
2023-01-05 0.615 0.95 +0.335 (54.47%)
BUY
HLG
2022-12-16 0.685 0.94 +0.255 (37.23%)
BUY
RHB-OSK
2022-12-16 0.685 0.82 +0.135 (19.71%)
HOLD
PUBLIC BANK
2022-12-16 0.685 0.75 +0.065 (9.49%)
HOLD
KENANGA

3 weeks ago

Good123

masih awal, pelabur2 dah tak sabar membeli syer astro... mencecah 64sen dah

3 weeks ago

AfiqAfdal

COME ON ASTRO....nothing to lose but going up and the price target by institution also averaging at 0.85...HOPE is REAL

3 weeks ago

AfiqAfdal

Never too late for ASTRO...Market Sentiment going up and recover also for ASTRO... Lets Go

3 weeks ago

AfiqAfdal

Great Buy for now... Although ASTRO has many debt but many institution knew that DEBT is reducing every year...overall the stock is oversold too much...dont panic la... this is main communication for the government and Gen X and Y....that is my conclusion for now though...be wise

3 weeks ago

AfiqAfdal

Walaupun price target upside tapi EPF jual juga... reaction terbalik ni sebab retail investor nak buying opportunity sebab stock ni oversold sangat tapi "hedgefunds" jual..Invest wisely

3 weeks ago

nightmare007

@good123 Good123 la kot yang sapu....pasukgb @good123 juga sapu...sapu hingga turun 0.02...kekekekekkekekekekekekee!! :))))



KWSP DAH TAKDA SYER ASTRO LAGI... SIAPA DAH SAPU BERSIH SEMUA SYER TERSEBUT??? ADA RALLY KA? INTERESTING JUGA HAHAHAHA

2 weeks ago

nightmare007

Whale? pasti harga jatuh...record analisa @good123 tak pernah menipu, semua gagal.

Ayat terakhir yang mungkin digunakan, bersabarlah dan bertahan :)))

Terindah~~~~

2 weeks ago

jack2

old days, stock in my portfolio, sold all when privatised
now capital 5b, when funds sold, retailers bought
game over la, who can push the stock?

2 weeks ago

jack2

future is uncertain as the young generations dont watch tv as much

2 weeks ago

gohkimhock

Revenue is declining due to availability of Android box.

2 weeks ago

Good123

ASTRO MALAYSIA HOLDINGS BERHAD (6399)https://www.klsescreener.com › stocks › view
EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced R...
0.11 0.750 0.2170 926.18m 5.80m 3 2022‑10‑31 31 Jan, 2023 2022‑12‑15 0...
1.89 1.000 0.2240 921.12m 98.47m 2 2022‑07‑31 31 Jan, 2023 2022‑09‑26 8...
1.92 1.250 0.2256 962.09m 100.02m 1 2022‑04‑30 31 Jan, 2023 2022‑06‑21 8...

2 weeks ago

Jnlee

epf stop selling

2 weeks ago

speakup

astro slowwww death
ultimately pn17 and delist
just a matter of time

1 week ago

ABSBOSS

will take private lor 1.20

1 week ago

TonsilBasher

sadly TV box in malaysia has been affected since christmas time. Astro will be back

1 week ago

Investsmart60

Pay a lot for malaysia football another loss leader.

6 days ago

Good123

Maybe, Further fall due to this:)


KUALA LUMPUR (Feb 2): The Government on Thursday announced the introduction of the Fixed Internet Broadband Unity Package which is aimed at helping the B40 households, veterans, persons with disabilities and senior citizens to enjoy broadband services at a lower price.

Minister of Communications and Digital Fahmi Fadzil said the introduction of the package was in line with the government’s commitment to reduce the people’s cost of living.

He said the package offers internet services with speeds of up to 30 Mbps along with unlimited data that costs only RM69 a month.

“It will be offered from March onwards with a 24-month subscription contract.

“The price is 22% cheaper than the price of other packages available with the same specifications, which is around RM89. That means the people will be able to save RM480 throughout the contract period,” he said in a statement here on Thursday.

Fahmi said the package is offered with the cooperation of existing fixed internet broadband service providers namely Telekom Malaysia (TM), CelcomDigi, Maxis, U Mobile, YTL, TIME Berhad and Astro.

The minister said the initiative was not only in line with the government’s aspiration to alleviate the people’s burden, but also an indicator that the government and service providers really cared about the people’s needs and wellbeing.

Apart from that, it was also part of the efforts to ensure more comprehensive digital connectivity at a much lower price in line with the concept of Malaysia Madani, he added.

5 days ago

Investsmart60

Astro gg. Most of their broadband customers is 30mbps.

5 days ago

Good123

Bukan satu keperluan kecuali broadband:)

5 days ago

Good123

Harga broadband diturunkan lagi rendah keuntungan astro

5 days ago

Good123

Servis astro adalah hiburan kecuali broadband kot?

Rakyat boleh hidup tanpa astro yg merupakan kehendak:)

5 days ago

Boyour

technically double bottom and possible to rebound soon

5 days ago

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