ASTRO MALAYSIA HOLDINGS BERHAD

KLSE (MYR): ASTRO (6399)

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Last Price

0.225

Today's Change

0.00 (0.00%)

Day's Change

0.22 - 0.23

Trading Volume

2,134,500


20 people like this.

8,241 comment(s). Last comment by navin88 4 weeks ago

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.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-10 10:31 | Report Abuse

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

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-10 10:32 | Report Abuse

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.

Posted by EatCoconutCanWin > 2020-04-10 16:27 | Report Abuse

i not sure why astro keep down.. their business not impacted at all.. keep buy

somo1

178 posts

Posted by somo1 > 2020-04-10 19:03 | 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!

Posted by wesley_gold > 2020-04-10 19:35 | Report Abuse

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.

i3lurker

14,391 posts

Posted by i3lurker > 2020-04-10 20:19 | Report Abuse

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!

Posted by DreamKentut > 2020-04-10 20:24 | Report Abuse

Many companies listed in Bursa are just a front to a business.

They rob share investors and distribute wealth via CSR = Corporate Social Responsibility shit in the form of benefits to employee.

Who constitute the majority in employment in these companies, especially GLCs, MNC and some utility counters?

Your guess is as good as mine,

Posted by DreamKentut > 2020-04-10 20:25 | Report Abuse

All these companies have TROJANS in the form of BOARD DIRECTORS and management.

Teck Ng

35 posts

Posted by Teck Ng > 2020-04-13 09:11 | Report Abuse

astro在这疫情中运作有受到影响吗?

1099

45 posts

Posted by 1099 > 2020-04-13 13:03 | Report Abuse

运作就不知道,但收入肯定大受影响,各国重大体育赛事取消或暂停或延期,广告明显大不如前,节目内容重复又重复,大多员工居家工作,美元总换马币处于高位,所以股票承压。

1099

45 posts

Posted by 1099 > 2020-04-13 13:09 | Report Abuse

哦,还有如有留意,EPF这几天卖得很凶,应该是评估了前景或得到些什么内幕才会如此。

Posted by wesley_gold > 2020-04-13 14:00 | Report Abuse

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。

Posted by wesley_gold > 2020-04-13 14:05 | Report Abuse

回顾ASTRO 2013上市以来,能够买在现在的价位已经是风险很低了。

limitupupup

1,466 posts

Posted by limitupupup > 2020-04-13 14:18 | Report Abuse

I will be back, wait for 0.7x

RainT

8,448 posts

Posted by RainT > 2020-04-13 14:51 | Report Abuse

When will 0.70?

limitupupup

1,466 posts

Posted by limitupupup > 2020-04-13 14:55 | Report Abuse

1st resistance is 0.8 after break it will go all the way down.

RainT

8,448 posts

Posted by RainT > 2020-04-13 14:58 | Report Abuse

ASTRO also can say is defensive ?

aiyo, laugh die me lo

Teck Ng

35 posts

Posted by Teck Ng > 2020-04-13 23:52 | Report Abuse

1.以它的全马使用率,评估它会不会倒闭。还有个point,不是所有人追得上“潮流”。
2.台湾最大窃版影视被瓦解是个借鉴。
3.虽然revenue下滑,但net profit是上市以来第二高,值得关注。

Keyman188

5,968 posts

Posted by Keyman188 > 2020-04-14 08:36 | Report Abuse

My personal entry level shall @ 0.550 ~ 0.600......

Since the latest dividend payout reduced by 25%.......

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-15 09:08 | Report Abuse

Dividend stock, defensive , back to rm1+, ipo price rm3

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-15 09:09 | Report Abuse

Strong rebound this week from now onwards

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-15 09:18 | Report Abuse

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

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-15 09:18 | Report Abuse

should be above RM1 soon , hold your breath

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-15 09:23 | Report Abuse

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.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-15 09:25 | Report Abuse

telco and media/entainment company are moving toward convergence

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-15 09:48 | Report Abuse

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

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-15 10:46 | Report Abuse

Maxis can just issue 10% of its authorized capital to take over Astro, swap shares plus cash if any

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-15 10:49 | Report Abuse

If Astro is a subsidiary of maxis, decision making to roll out packages will be much efficient and faster

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-15 12:11 | Report Abuse

Just wait for analyst or ananda to say, cheap to privatize now :)

Richielee

49 posts

Posted by Richielee > 2020-04-15 23:11 | Report Abuse

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.

linges

2,701 posts

Posted by linges > 2020-04-16 13:10 | Report Abuse

Yes..senyap2 collect...

wsthong

102 posts

Posted by wsthong > 2020-04-16 16:41 | Report Abuse

time to collect more.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-17 09:22 | Report Abuse

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

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-17 09:24 | Report Abuse

Astro is still at its infancy stage from its bottom price recently. Uptrend is near :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-17 09:29 | Report Abuse

Just take (70.5sen + RM1.61)/2 ~ RM1.32. Good ROI for those who grab now :)


52 Weeks Range: 0.705 - 1.61
Average Price Target: 1.55
Price Target Upside/Downside: +0.705

somo1

178 posts

Posted by somo1 > 2020-04-17 10:38 | Report Abuse

Such hard selling...

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-17 12:29 | Report Abuse

wont die :)

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


Submitted By:



27/03/2020 07:00 AM


Ref Code: 202003273700368

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-17 14:25 | Report Abuse

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.

Richielee

49 posts

Posted by Richielee > 2020-04-18 15:10 | Report Abuse

Morning star popped up at the weekly chart. Lets see how next week pans out =)

Gen2

253 posts

Posted by Gen2 > 2020-04-19 20:46 | Report Abuse

Android TV box one time payment vs ASTRO monthly payment. LT really not looking good.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-20 09:41 | Report Abuse

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.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-20 09:42 | Report Abuse

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.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-04-20 09:53 | Report Abuse

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.

yingkang87

445 posts

Posted by yingkang87 > 2020-04-20 13:55 | Report Abuse

Astro is undervalued, will up back to Rm1.... faster buy

Pandu1

1,080 posts

Posted by Pandu1 > 2020-04-20 17:12 | Report Abuse

Astro put ada lh 1 time pymt. 400 something lo.

Pandu1

1,080 posts

Posted by Pandu1 > 2020-04-20 17:13 | Report Abuse

Mcm2 chennel ade lo.

wsthong

102 posts

Posted by wsthong > 2020-04-20 17:20 | Report Abuse

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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