Friends, Astro at 1.55 now.. I would advise not to go long on this counter. It will be on a downtrend soon and will drop as low as rm1.00 soon. Just my view.. risk and reward is yours.. good luck
The reason why these entities are eagerly protecting is because they need to protect highly sensitive privilege creatures who are deemed unfit to face life challenges on their own. So from cradle to graveyard, constantly need intravenous drip of assistance.
EPS down 40% y-o-y. ADEX on a downward spiral, similar to the other media players in the industry. Facebook and Google are eating up all the ADEX while giving back almost nothing in taxes to the country.
Astro is a sunset business. Have to fight with TM online n countless other. How to survive? Years ago, its price was Rm4 then dropped to Rm3, now drop to Rm1 plus plus. Sad
Astro has to many AVPs and VPs all earning crazy huge salaries while the employees underneath them are struggling. When things go wrong, blame the bottom.
As long as censorship, moral policing, holier than thou and biased programmes are churned out, Malaysia broadcasters face a bleak future. There are tons of alternatives ONLINE offered globally. So, middle finger to the authorities.
Biggest problem is ADEX. Most big brands are now going for Google and Facebook ads that are extremely personalised and targeted.
Mainstream media ads are so old school and so 90s like. ROI cannot compare with tech giants. And such precise ads also are so much cheaper than the ineffective ads on mainstream.
Buying power is also shifting from those rich high disposable income, to those young generation that shop like crazy on credit.
So ads are going to where the eyeballs that are more likely to purchase -- which means digital.
And another point is Facebook and Google barely pay tax in Malaysia. Government should do something.
Even if digital ADEX grows rapidly for the digital side of mainstream media, it can't make up for the traditional ADEX (newspaper, TV, radio, TV show ads) lost. It's much cheaper to place ads on Facebook and Google than pay mainstream media companies.
Day 34 of Fundamental Daily, YAPSS will be covering Astro Malaysia Holdings Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #AstroMalaysiaHoldingsBerhad
Malaysia’s market accessibility level is in danger of being downgraded under the FTSE’s global classification framework. Bloomberg reported that the ringgit’s decline today was partly due to concerns about Malaysia possibly being dropped from the WGBI, as well as due to falling oil prices. The ringgit is also affected by headlines from former prime minister Najib Abdul Razak’s trial related to 1MDB, as well as Malaysia’s dispute with the European Union over palm oil.
Bloomberg also reported FTSE Bursa Malaysia the “worst major market in the world so far this year” as it has slipped 3.6 percent.“Hopes of luring back global investors to a battered stock market are dimming by the day for Malaysia’s government,” the financial daily reported.Samsung Asset Management Co reportedly said the gloomy outlook for the Malaysian stock market is not likely to lift anytime soon.
“Malaysia will likely disappoint over the next year because since the new government came in power in May 2018, it has been lowering public debt with fiscal tightening.
..dim view of Malaysian stocks was not because there was a downside risk, but “just that there is nothing to be positive about over the next 12 months”.
Nowadays, can watch movies in YOUTUBE NETFLIX etc with phone and computer No need to pay, no censor, Why pay to watch censored and holier than thou shows? We also have liberty to watch our favourites. Tunggu mati jer Astro ni.
LOL, HBO has been on air in earlier days when Astro began broadcasting. Nothing new, same reruns, censors and advertisements and disruptions during rain.
Just watched the YAPSS analysis on Astro . Anybody have any idea where the left over cash goes after the payment of dividends? Also why the debt always remains at similar levels ?
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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....
Money122
982 posts
Posted by Money122 > 2019-02-10 10:35 | Report Abuse
Hope will go to1.8 soon