if you go visiting in China, you would have noticed most hotels no longer using cable tv but IPTV. Guess this megatrend sooner or later would become a norm here too.
Smtimes one swallow does make a summer. It's a sunset business. I cut d chord years ago n many pple I know hv done d same. Netflix n illegal Android tv boxes are rampant. Serves Astro right...monopolistic n arrogant. Now only uncles n aunties watch Astro.
KUALA LUMPUR (Nov 14): Astro Malaysia Holdings Bhd is lower for the seventh straight day, on track for the longest losing streak since the company went public in 2012.
Astro Malaysia has lost a total of 23 percent during the streak while the FTSE Bursa Malaysia EMAS Index fell 1.8 percent. Today, the stock fell 8.5 percent to RM1.07.
Since 2012, there has only been one other slump that lasted six days. It started Dec 6, 2017, and ended after six days. The five-day return after day 6 was 0.4%.
Good idea for dispose big % share with one case.But them can't meet good buyer.So they sell to open market.This will give big impact for counter.Not Astro only.When local will stop sell action?We all can't know.So bad.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
angkokann
705 posts
Posted by angkokann > 2018-11-14 15:38 | Report Abuse
foreign are selling in full force.