Big buyer, Big seller do handshake at 1.20 Quarterly results coming. Now taking bets!! Big up? Big down? Sideways? You are most welcome to Bursa Casino.
Institutional investors own close to about 90% of shares. Emotional and panicky retail investors are only in the 10% segment of shareholders. After the mindless panic selling is over, the price will recover quite a lot. Just my 2 sens. Short term effects on profits are a usual thing for most businesses. Important is the business model. Is the business now and into the future safe? It has a very commanding position in the market, as such it will not be affected by newcomers trying to grab some of the pie. May lose a little to some smaller fish, that's about all. At least for the next few years. Beyond that very hard to say.
naruko The results are expected to be out Dec 5th, lets see. I am hoping the profit will be above 2 sens / share. That will be enough to bring stability and then slowly move forward from there.
One thing that bugs me though, is the 100 + Million shares traded in the last hour of trading. Which major shareholder offloaded and who bought those shares???? Anyone with an answer?
Astro is damned... with tv box, you pay one time to buy the device and more than 200 channels are for you to watch for free for life; no need to lay cables, no need to pay monthly rentals and be able to watch even during thunderstorm and raining, just plug in the internet and there you go....!
Yes. Illegal TV box can be a threat. Singapore just banned illegal TV box. Actually Astro recorder is also a TV Box. You can either connect through wifi or satelite dish. But Malaysian like free stuff. Harapan may not ban illegal TV box as it could hurt poor people whom they consider as human. Rich people are non human.
I hope Astro and Telekom can form JV. It will be a win win for both stocks. Should be able to lower their rates and ban illegal TV box. Offer package at affordable prices for clients that subscribe to phone, tv and internet bundle. Bundling of services is a great way to increase customer base and revenue. Home security is another item to add.
what sunset business, uncle aunty sit on sofa watch only, watch illicit streaming, youngsters use phone only and bla bla. now share price up quite fast... haha
Astro "Go" is for youngsters to watch channels on mobile devices legally. It has been there for years. I potong TM bcos too expensive. Maxis FiberNation just RM89. Max speed 100MB, around 20-100 times faster than TM. TM line is also too slow to stream 4k content which Astro will debut these few weeks.
My guess is good. But you never know. It is a bet or gamble if you place the money before the report is out. For real investors, they will wait for the result to come out before placing the bets on the table.
Yes!! Sweet results, back to normal. Too many doomsayer comments. Astro already said last quarter poor results was due to world cup soccer one off expense. That was due to PH celebrating elections win, show live matches free on RTM (gov't tv channels). It gave Astro a kick in the balls. Hurt a lot but it was a one time thing only. After a few months in hospital now starting to walk again.. Cheers!!!
Astro is DY stock and not a growth stock, dont expect revenue will increase a lot as long it can maintain at this level ok, dy is so attractive now hihi. Go back watch your illicit streaming in tv box lah by using handphone.
Go Shop saw its customer base grew by 35% y-o-y to 1.6mn and recorded its highest ever quarterly revenue at RM98mn. Go Shop will continue to provide value, increase its product variety and create more entertaining content to cater to different customer segments.
Henry Tan said: “In light of the challenges, we are implementing a strategic review of our business and organisational structure; including deeper cost rationalisation and workforce optimisation, which will incur one-off costs in the coming months.
For US, this is not a good result. For Malaysian, this is still ok. Mainly due to slightly lower revenue which I expected a break-through with a new CEO. Lower revenue with such a good profit signified a kedukut boss. I think Astro needs an visionary boss rather than a stingy boss to transform into another revenue boosting company.
Retrenchment of staff in the quarters to come. Far less profits.
shortinvestor77 Henry Tan said: “In light of the challenges, we are implementing a strategic review of our business and organisational structure; including deeper cost rationalisation and workforce optimisation, which will incur one-off costs in the coming months. 05/12/2018 22:16
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....
LuckyG
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Posted by LuckyG > 2018-11-30 16:51 | Report Abuse
last min press down 5cents .....