problem with most investors are they dont dare to cut loss. when the price down...wait lah..sure it will rebound. Then the price getting lower..again wait lah double sure it will rebound. Drop some more....no no..triple sure this time rebound. Finally only bone left...already late for cut loss...cut bone into 17 pieces like what mona fandi had done is the only choice....

dear mohd fared ali....what game do you expect to see tomorrow ? last friday dow jones drop 200 points...but tomorrow astro can go againts the tides and climb up to rm 3.50, Is this the game what you meant. best of luck...common sense always prevail.

ASTRO.....at RM 3.00.....PE 39

dear Lausp 10.....I could not tell you at what PE you should buy astro but to help you making judgement these are current PE among the giants
Airasia..9
public bank ..11
skpetro..21
telekom..19
simedarby..16
axiata..15
misc..6
Astro......for you to decide...the lower the PE...the lower the risk

previous big IPO ,CIMB as the adviser appointed price stabilizing manager
as the mechanism to support the price.....but it is very strange...why for astro IPO there is no such arrangement....may be CIMB realized that the IPO is overpriced...impossible to support overpriced stock.

announcement regarding hospital contract before 28 october. If it announce the signing of new contract....faber wll fly to 2.00. Watchout.....before 28 oct.

How the astro price will go up, this is not a growth stock. The subscribers already almost saturated. Without income growth...no price growth. But for astro stock holders , dont worry astro has a very simple formula how to keep income grows every year....by increasing subscription
fees every year......ha ha ha easy. So the astro subscribers, you can support astro price by paying more subscription fees.

Lausp 10......we are talking about fundemental, THIS IS AN OVERPRICED IPO.

IPO offer for astro with PE of more than 30. This is the highest ever PE for an IPO in malaysia. How this could happened?.SC is the regulator to protect the interest of investors in Malaysia especially we ikan bilis investors. Back in those days, sc regulates and approves the price for IPO. I remember sc used value of PE as a guide to approve the price for listing. The guidelines is PE of below than 10. Why this PE is so important? To protect the investors from over price IPO. Without this guideline, The advisor and the promoter of IPO will fixed the IPO price at they like to collect money as much as possible from investors. What surprised me was that, later sc which supposed to protect the interest of investors in the equity market had made decision that sc no more approve the price of IPO , the advisor and company could fixed their own price for IPO. Problems started. The climax is when Astro fixed its IPO price at PE more than 30 (sc guideline before this is below 10). So at rm3.00 and PE of more than 30, Khazanah and AK can collect money as much as possible. Yes, election is near. government needs more money or what. Present government is the most generous government ever during pre election period in Malaysia history. Who paid this for them?... us ikan bilis investors. Ask sc the regulator. Is this OK? Some people collect tons of money from IPO. Ikan bilis , if next week price drop below RM 3.00 pokai. Yes they said willing buyer willing seller. But how many these ikan bilis know the PE ratio. What they knew
were tikam, sure untung punya. Come on sc , equity market bukan untuk main tikam tikam lor? In facts pre astro listing, a lot of comments from analyst and investors that ASTRO IS OVER PRICE. But who cares. Did CIMB as IPO advisor,or khazanah or AK ? For cornerstone investors (now stonefaced investors) why are you all so blind this time. You buy RM 3.00 with PE 30 IPO. Hundreds of companies out there with low PE and declared good dividend.Why waste your money on astro IPO. WE IKAN BILIS,STONEDFACE INVESTORS , and INSTITUTION INVESTORS next time should be united in boycotting IPO with high PE.....who they are without we the investors. LETS TEACH THEM A LESSON.