To comfort myself should the price go down - at least I had bought cheaper than the institution investors :) Hopefully they will buy some more to average their portfolios. Right now investors are fearful and holding on to cash. But eventually they will have to come out of their shells and invest their funds again.
By the way, have to respect the former CEO, Datuk Rohana Rozhan for having a personal stake which is quite significant. Don't know what the latest is, but based on the last annual report, she had 6 million shares. So unlike many CEO/MD and directors of various listed companies who only take. But don't dare to risk their own money on the companies they lead and manage.
Renewal of Authority for the Company to Purchase its Own Shares
Resolution 8, if passed, will renew the authority granted by our shareholders at our AGM held on 7 June 2018 to continue to empower our Directors to purchase shares of our Company through Bursa Malaysia Securities Berhad up to 10% of the total number of issued shares of our Company (“Proposed Share Buy-Back”). This authority, unless revoked or varied at a general meeting, will expire at the conclusion of the next AGM in 2020. Please refer to Part C of the Statement Accompanying the Notice of AGM for further details of the Proposed Share Buy-Back
Proposed Dividend Reinvestment Plan and the Proposed Issuance of Shares
Detailed information regarding the proposed dividend reinvestment plan (“Proposed DRP”) is set out in Part C of the Circular to Shareholders dated 15 May 2019. Resolution 19, if passed, will enable our Company to establish and implement the Proposed DRP, which will provide our shareholders with the opportunity to reinvest the whole or part of their cash dividends in new ordinary shares in our Company. The resolution will also provide the authority and empower our Directors to issue new ordinary shares in our Company pursuant to the Proposed DRP. Such authority to issue new shares shall lapse at the conclusion of the next AGM in 2020 unless authority for its renewal is obtained from our shareholders at such general meeting.
nobody knows why there's a heavy selling on the stock except insiders. but what we can tell is that at current level there's value in this stock and it's near historical low. As Mat Cendana commented we didn't buy at above $1.00 nor we caught it at the all time low of 70 cents, therefore we should be comfortably holding it. Just think of the many institutional investors and Astro staff who subscribed to the stock at the IPO level of around $3.00 per share!
no worries, this company with 75% dividend policy which is one of the good option to invest in current market situation (ok la even though worst situation they reduce dividend to 60%?, still better compared to others).
forget about short term fluctuation. When foreign investors come back to msia market then u know haha.
Sherlock Holmes calls it "The Mystery of The Disappearing Subscriber".
Posted by somo1 > Apr 10, 2020 7:03 PM | Report Abuse nobody knows why there's a heavy selling on the stock except insiders. but what we can tell is that at current level there's value in this stock and it's near historical low. As Mat Cendana commented we didn't buy at above $1.00 nor we caught it at the all time low of 70 cents, therefore we should be comfortably holding it. Just think of the many institutional investors and Astro staff who subscribed to the stock at the IPO level of around $3.00 per share!
试问在现在的情况下,有那间公司没有因为疫情而受影响,但我们需要做的是at the right time collect those undervalue shares with high dividend yield and defensive in nature and one of them is astro. EPF经常每天都买进卖出的啦不只是这股,根本不需跟风,相信自己的判断,疫情缓和或外资回来后,就会回升。
Ananda could use maxis to privatise astro at curretn cheap price, less than 1/3 of IPO price. Use maxis shares for share swap or with a bit of cash for astro shareholders
Maxis's market cap~ 10 times bigger than astro now....... easier for maxis to take over astro via share swap or cash or a combination.
ASTRO Financial Information Market Capital (RM) : 4.354b Number of Share : 5.215b EPS (cent) : 12.57 * P/E Ratio : 6.64 ROE (%) : 76.65 Dividend (cent) : 7.500 ^ Dividend Yield (%) : 8.98 NTA (RM) : 0.164 Par Value (RM) : 0.100
* Calculated based on the net profit of the trailing twelve months and latest number of shares issued. ^ Total dividend amount declared for financial year ended 2020-01-31.
MAXIS Financial Information Market Capital (RM) : 40.979b Number of Share : 7.820b EPS (cent) : 19.42 * P/E Ratio : 26.98 ROE (%) : 21.58 Dividend (cent) : 20.000 ^ Dividend Yield (%) : 3.82 Dividend Policy (%) : 75 Details NTA (RM) : 0.900 Par Value (RM) : 0.100
* Calculated based on the net profit of the trailing twelve months and latest number of shares issued. ^ Total dividend amount declared for financial year ended 2019-12-31.
Participants in The Purge were getting younger each year.
There are mystery yarns, and there are mystery yarns. From complex, baffling ones with well thought-out resolutions, to obviously contrived ones with “big reveals” you can figure out well in advance of the (usually clueless) characters.
Then there are mystery yarns that start out as such, and turn into something quite different altogether. The Outsider, an adaptation of the 2018 Stephen King novel, is one of these.
Adapted by novelist/screenwriter Richard Price (The Night Of), this 10-episode miniseries expands considerably on the source material while staying largely true to its spirit.
While it first aired here on HBO from January to March, it’s quite likely that it went unnoticed by many. Not to worry, because it’s all available on HBO Go or ASTROOn Demand – and, somehow, seems rather more relevant in these days of social distancing and being worried about what you get on your skin or in it.
At the same time, it also does a really good job of getting under the viewer’s skin, unnerving and troubling you while you obsess over its twists and turns and the welfare of its characters (some clueless, many sympathetic).
‘Your stubbornness won’t last, Terry. If I could get a pacifist to build the Death Star, you don’t have a hope.’‘Your stubbornness won’t last, Terry. If I could get a pacifist to build the Death Star, you don’t have a hope.’So, here’s the mystery: a young boy named Frankie Peterson is found savagely mutilated and murdered in the woods of Cherokee City, Georgia. Witnesses and fingerprint evidence point to local little league baseball coach Terry Maitland (Jason Bateman), a popular and respected family man.
The evidence is so compelling that both the District Attorney and police detective Ralph Anderson (Ben Mendelsohn) make a grandstand play of his arrest, dragging him off in handcuffs during a big game.
Except it soon comes to light that Terry was over 100km away at the time of the murder, and caught on video grilling the panellists at a teaching conference.
From a rock-solid case, Ralph finds himself on shaky ground now. But, before anything further can be done, a series of tragedies – snowballing out of poor Frankie’s murder – leaves the entire community rocked and desperate for answers.
We were thrown a curveball in the book when King suddenly introduced a well-liked, idiosyncratic character from one of his more recent series (the Bill Hodges/Mr Mercedes trilogy to be precise), giving readers’ frayed nerves a sudden anchoring point. After all, here was someone who helped make things right over the course of three other novels.
With this adaptation, however, viewers would have no such context for them to feel any relief. Yet the introduction of that character here is a welcome ray of light all the same, thanks to Cynthia Erivo’s luminous performance in the role.
‘All right... so you’ve learned my secret for staying so calm and serene. Whiskey. Lots.’‘All right... so you’ve learned my secret for staying so calm and serene. Whiskey. Lots.’She plays Holly Gibney, a savant and investigator hired by Terry’s defence to help unravel the mystery. Up to the time she appears, the cast members (Mendelsohn in particular) do a great job of giving their characters the right touch of familiarity and being lived in, making it all seem like a slighty larger-than-life true crime story.
Erivo knocks it out of the park once she comes on board, though, as Holly does things her way – sometimes to the complete sidelining of everyone else’s sensibilities and feelings.
Far from being some kind of deus ex machina, though, Holly is kept very human and fallible, being especially hesitant when she finally meets the different parties involved to present her theory of what happened (and will happen again).
It’s a significantly larger part she has to play here than she had in the book, and Price has even given her a retinue of one: a former cop named Andy Katcavage (Derek Cecil), a character who was not in the original.
As Vulture.com points out, Andy is important to push the story along by giving Holly someone to talk to about her theories – or else there’d be a lot of monologues, “thought balloons” and other gimmicky stuff.
But Andy and Holly also share a sweet, clumsy romance that helps take the dark edge off everything else that’s going on in the show.
There’s a whole lot of darkness here: from visions and hallucinations to deformed, hooded onlookers to murder, suicide, what seems like possession and, worse, a long trail of murders and grief spanning many miles and many years.
All of this, complemented/underscored by a haunting, discordant musical motif (in which one of the instruments could almost be the hinges of a rusty swing) that is used a lot in the early episodes, then vanishes and returns later as things barrel to a conclusion.
I do have some minor gripes. The Outsider is a slow-burn type yarn, but I felt Price and Co could have tighten
Best entry is often at quiet time. Screened thru many stocks however this is one of few which yet to take off. Chart wise it should rebound in near term.
Ananda could privatise it now, super low valuation , pe~6, div yield 8%+. good to see EPF to reduce its stake, less bargaining power from substantial shareholder or easier for privatisation
6399 ASTRO ASTRO MALAYSIA HOLDINGS BERHAD Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director 37
Name : YVONNE CHIA NRIC/Passport No./Company No. : - Nationality/Country of Incorporation : Malaysia
Address: -
Descriptions (Class and Nominal Value): Ordinary Shares in Astro Malaysia Holdings Berhad ("AMH")
Name and Address of Registered Holder:
Details of Changes
Date of Notice : 27/03/2020
Transactions: No. Date Transaction Type No of Shares Price (RM) 1. 26/03/2020 Acquired 50,000 - 2. 27/03/2020 Acquired 50,000 -
Circumstances by reason of which change has occurred: Acquisition of shares in the open market
Nature of Interest: Direct Interest
Consideration: You are advised to read the entire contents of the announcement or attachment.
No of Shares Held After Changes: Direct : 200,000 shares (0.0040%) Indirect/Deemed Interest : 0 shares (0.0000%) Total : 200,000 shares
Remarks: You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
another possibility is ananda sapu from the open market again..
Nothing is new.
Astro Malaysia Holdings Bhd’s stock is looking attractive following major shareholder Tan Sri T Ananda Krishnan’s buying spree in the open market since June this year.
Maybank Investment Bank Bhd (Maybank IB Research) noted that the third-richest Malaysian had bought 16.1m Astro shares during that period and increased his shareholding in the media entertainment group to 41.2% currently compared to 40.9% as at April 10, 2018.
“Bursa Malaysia filings do not reveal the price he paid for them. However, a cursory check on the last price of Astro shares on the days he bought them revealed that most of the shares were bought at prices that were higher than the current price of Astro shares, at only RM1.35.
“This means that investors who buy Astro shares today will be buying them at prices not a lot more expensive than when Ananda bought them recently,” it said in a research report.
The research house also maintained an ‘Overwhelming Buy’ on Astro after trimming the company’s forecast core net profits by 2% to 3% with a target price of RM1.95.
“We believe that the recent under performance of Astro’s share price is unjustified. Its poor 2QFY19 (secondquarter of financial year 2019) results were suppressed by high FIFA World Cup content cost that will moderate going forward.
“We continue to like Astro thanks to its cheap valuations, high dividend yields, vote of confidence from insiders buying Astro shares and potential as a privatisation target,” Maybank IB Research said.
It also noted that Astro’s share price has fallen 19% since it announced its record low net profit of RM46.6 million for 2QFY19.
“We believe that the market has been overly bearish as the under performance was due to transiently high 2018 FIFA World Cup content cost, which compressed the earnings before interest, taxes, depreciation and amortisation (Ebitda) margin to only 20%,” it added.
The group had posted a net profit of RM16.6 million in its first half ended July 31, 2019 (1H19), a staggering decrease of 93% compared to its previous corresponding period.
This resulted in the group’s 1H19 core earnings dropping to RM191.3 million, much less compared to the RM442.2 million recorded a year ago.
Going forward, Maybank IB said its expects the company’s television (TV) subscription revenue to continue narrowing as consumer sentiment gra- dually recovers.
“Astro intends to offer privileges to only pay-TV subscribers to entice Android TV box and NJOI users into becoming pay-TV subscribers.
“While consumer sentiment is recovering, Astro concedes that it is still not easy to add pay-TV subscribers to generate subscription revenue due to piracy from Android TV boxes,” it said.
The research firm also said Astro plans to tie up with businesses that wish to tap into its access of 5.6 million local households in Malaysia.
limitation of android tv box and covid 19 caused fear in going to cinema, astro will rebound
Crackdown on unauthorised sites | The Star Onlinewww.thestar.com.my › news › nation › 2019/02/04 › c... Feb 4, 2019 - Android boxes are being sold at shopping centres in Petaling Jaya and ... the Standard and Industrial Research Institute of Malaysia (SIRIM) approval. ... He said distributor and seller of these boxes can be fined up to a maximum of ... AirAsia, Malaysia Airlines merger an option as Covid-19 hits industry.
Crackdown on unauthorised sites | The Star Onlinewww.thestar.com.my › news › nation › 2019/02/04 › c... Feb 4, 2019 - Android boxes are being sold at shopping centres in Petaling Jaya and ... the Standard and Industrial Research Institute of Malaysia (SIRIM) approval. ... He said distributor and seller of these boxes can be fined up to a maximum of ... AirAsia, Malaysia Airlines merger an option as Covid-19 hits industry.
the govt wil take action like singapore, no choice
New laws planned to ban sale of media streaming boxes with ...www.straitstimes.com › singapore › new-laws-planned-t... Jan 18, 2019 - New laws will be tabled in Parliament some time this year to ban the sale of media ... Android TV boxes for sale at Sim Lim Square. ... in the DVD era against set-top box retailers that benefit from the sale of add-on services. ... the Intellectual Property Office of Singapore (Ipos) of Singapore's copyright laws.
Seller of Android streaming box fined S$1200 in landmark casewww.todayonline.com › singapore › android-streaming... Apr 24, 2019 - SINGAPORE – The director of a company that sold Android streaming ... each for stocking 12 Android TV boxes at his shop in Tanjong Katong ... boxes which contain decoders are illegal, it had been less clear on Android ...
Despite app ban, business as usual at TV box shops in Sim ...www.channelnewsasia.com › news › singapore › despit... Nov 26, 2018 - SINGAPORE: Shops in Sim Lim Square are continuing to sell TV ... pre-loaded in these TV boxes, which are also known as Android ... One app that has been banned is UBTV, which is pre-loaded in a type of TV box called ...
Android TV box seller fined in landmark copyright infringement ...www.channelnewsasia.com › news › singapore › androi... Apr 25, 2019 - The 58-year-old was found to have sold one Android TV box at one of his ... READ: TV streaming devices - are they legal in Singapore? ... for free are illegal, the law is not as clear when it comes to Android streaming boxes.
may rural places still getting limited of internet access, and hence they dont even know the exist of blackbox or androidbox etc. Hence many family still relying the astro for thier entertaiment.
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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....
Mat Cendana
2,340 posts
Posted by Mat Cendana > 2020-04-10 10:30 | Report Abuse
To comfort myself should the price go down - at least I had bought cheaper than the institution investors :) Hopefully they will buy some more to average their portfolios. Right now investors are fearful and holding on to cash. But eventually they will have to come out of their shells and invest their funds again.
By the way, have to respect the former CEO, Datuk Rohana Rozhan for having a personal stake which is quite significant. Don't know what the latest is, but based on the last annual report, she had 6 million shares. So unlike many CEO/MD and directors of various listed companies who only take. But don't dare to risk their own money on the companies they lead and manage.