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

1,289,900


20 people like this.

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

PN2020

247 posts

Posted by PN2020 > 2020-06-18 19:15 | Report Abuse

Astro now can sing, Sundown.

memorylane

249 posts

Posted by memorylane > 2020-06-18 19:19 | Report Abuse

from the report.. it is mainly due to reduced in advertising revenue... and during MCO period.... the quarter report is ended 30 April 2020... i believe the worse quarter is over for Astro.

drobertp40

205 posts

Posted by drobertp40 > 2020-06-18 19:25 | Report Abuse

Memorylane, the number of subscribers should have spiked up significantly like for Netflix - that was the basis of my argument. Adverts also should have gone up in anticipation of increase in subscribers. Is it possible new habits and newer technologies are disrupting Astro? Just a thought.

memorylane

249 posts

Posted by memorylane > 2020-06-18 19:44 | Report Abuse

because astro giving free premium channel during the whole MCO without condition attached... yes, netflix is a challenger, but Astro and Netflix subscriber are different category of people... some people prefer live TV, localized news, sports... and some prefer video on demand... both Netflix and Astro exists long time dy, people who like netflix will most probably continue with netflix, and Astro vice versa...

ivanlau

1,387 posts

Posted by ivanlau > 2020-06-18 19:55 | Report Abuse

sekarang masih ada orang tengok astro kah ?

Posted by stocksyndicate > 2020-06-18 20:05 | Report Abuse

My condo alone almost all units installed

VTinkle

15 posts

Posted by VTinkle > 2020-06-18 20:18 | Report Abuse

"The Group was impacted by lower advertising spends and restrictions
in operations pertaining to upselling and installations."

Netflix doesnt require any form of physical installation hence they are able to operate without any disruption

Posted by bhullar_1972 > 2020-06-18 22:35 | Report Abuse

Maybe AK wants to take it private...suppress the price now.

Posted by trumpgreatagain > 2020-06-19 08:18 | Report Abuse

but i think this is better bet counter

https://youtu.be/lIsc9pmAsnU

asiv92

84 posts

Posted by asiv92 > 2020-06-19 09:09 | Report Abuse

defensive stock, given price and dividend payouts, it'd still be better then FD rates.

Good time for AK to take it private, nice discount since IPO

RainT

8,448 posts

Posted by RainT > 2020-06-19 10:07 | Report Abuse

why this one no limit down or mega sales?

i want buy cheap

come, who want sell down, faster sell

RainT

8,448 posts

Posted by RainT > 2020-06-19 10:09 | Report Abuse

har?

the current low price is AK supress one?

how u all know ah?

RainT

8,448 posts

Posted by RainT > 2020-06-19 10:12 | Report Abuse

actually ASTRO also have the apps that we can watch in smart phones or tablets

so no need to necessary install the piring as now doing unless if want connect to TV

so NETFLIX and ASTRO also same pattern...?

laychee

1,743 posts

Posted by laychee > 2020-06-19 10:21 | Report Abuse

Bad earnings as expected. Hope it is just one quarter only.

Two research houses are giving such a low price target.

With ROE dropping until this low, privatisation might be a bit not viable.

alexsee

1,349 posts

Posted by alexsee > 2020-06-19 11:05 | Report Abuse

astro used to be a dividend counter.. for this quarter they were reduced from 2 cents to 1 cent .. which is 50% reduced.. no more attractive.. price now already 0.915.. still no pick up yet...

Ikigai

172 posts

Posted by Ikigai > 2020-06-19 11:29 | Report Abuse

anyway good opportunity to buy in now

asiv92

84 posts

Posted by asiv92 > 2020-06-19 11:42 | Report Abuse

@alexsee under current conditions make sense for dividend to have reduced. even if they only pay 4cents dividend, thats around 4.3%. with all the interest cuts, the yield is not bad. at the same time there is some room for capital growth.

RainT

8,448 posts

Posted by RainT > 2020-06-19 11:57 | Report Abuse

think will continue to down more

alexsee

1,349 posts

Posted by alexsee > 2020-06-19 12:00 | Report Abuse

funds buying astro is more to dividend.. now mco period profit still dropping.. dividend cut.. funds will reduce their holding.. just my 20 cents

Posted by Ahmadahmad88 > 2020-06-19 12:06 | Report Abuse

fund memang rugi kalo beli lebih rm1.5 dan jual rm 0.9.

Big3

272 posts

Posted by Big3 > 2020-06-19 12:25 | Report Abuse

With not future prospect ahead and dividend cut by 50% the price shld drop to 0.55

Posted by Ahmadahmad88 > 2020-06-19 12:33 | Report Abuse

beli 0.55 dan privatise. yeah!

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-06-19 13:22 | Report Abuse

Dividend no longer in play. Dump

Posted by Ahmadahmad88 > 2020-06-19 13:23 | Report Abuse

dump to you?

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-06-19 13:36 | Report Abuse

Dump in dustbin

alipay88

365 posts

Posted by alipay88 > 2020-06-19 14:02 | Report Abuse

No worry guys, still have lots of undervalue shares....try Arbb 7181.

jack90

278 posts

Posted by jack90 > 2020-06-19 14:45 | Report Abuse

Solid Auto will be your better choice.

somo1

178 posts

Posted by somo1 > 2020-06-19 17:13 | Report Abuse

Your 55 cents may very well come thru in a not too distant future as it's no longer a high dividend yield play anymore coupled with it's bleak outlook, i.e. dwindling viewer subscription and advertising revenues.

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-06-19 19:56 | Report Abuse

Dividend stock?????? If drop to 50 than you can claim for good dividend. Above 80 for a 1cent dividend is cheap

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-06-19 19:57 | Report Abuse

Public Bank are stupid prediction.

Harry Mak

127 posts

Posted by Harry Mak > 2020-06-19 20:12 | Report Abuse

kwsp keep buying in , surprise something comming ?

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-06-19 22:20 | Report Abuse

Kwsp also dunno results can be that bad. Purchase was done before the release

aliyusof

1,393 posts

Posted by aliyusof > 2020-06-19 23:11 | Report Abuse

1 cent is only quarterly result. If yearly dividend is 4 to 5 cent, at 90 ct...dividend yield per year is about 4.5 to 5%, much than bank FD. Upside gain when it moves up to rm1 is always there

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-06-20 11:21 | Report Abuse

If invest for dividend buy MAHSING better. 0.525 dividend 0.0335. Share price much cheaper than Astro.

Posted by Ahmadahmad88 > 2020-06-20 12:11 | Report Abuse

sudah beli masa 0.42, dah jual 0.56.

investmalysia

1,454 posts

Posted by investmalysia > 2020-06-20 12:20 | Report Abuse

If want to keep for dividend buy Maybank la. What for buy this? MCO period people all stay at home results also drop. Means people nowadays don’t really use Astro. It’s for uncle aunties. Younger generations watch movie online or through Netflix

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-06-20 12:56 | Report Abuse

Indeed stay home watch TV box and nexflix. Nobody wants to pay high subscription fees for astro

Posted by Ahmadahmad88 > 2020-06-20 13:09 | Report Abuse

kalo netflix ada football, astro mesti kalah.

James Ng

2,704 posts

Posted by James Ng > 2020-06-20 13:29 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-06-20-story-h1508881191.jsp
[转贴] [ASTRO MALAYSIA HOLDINGS BHD:订阅和广告收入的减少,这季度的收入受到COVID-19大流行的影响] - James的股票投资James Share Investing

Posted by Json1536 > 2020-06-20 13:32 | Report Abuse

kalo tv3 ada football , astro mesti kalah

RainT

8,448 posts

Posted by RainT > 2020-06-20 17:48 | Report Abuse

boring program

Posted by secretinvestor8888 > 2020-06-21 10:31 |

Post removed.Why?

Posted by secretinvestor8888 > 2020-06-21 10:31 |

Post removed.Why?

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-06-21 12:46 | Report Abuse

If cheap than sold your house, car & your wife and bet all in .

Posted by secretinvestor8888 > 2020-06-21 15:53 | Report Abuse

going back to 1rm tomorrow

Posted by EngineeringProfit > 2020-06-21 16:18 | Report Abuse

Watch first...don't need to rush in

Posted by secretinvestor8888 > 2020-06-21 16:19 |

Post removed.Why?

mf

29,156 posts

Posted by mf > 2020-06-21 16:22 | Report Abuse

Dow Jones 25,871.461 -208.64 0.80%

Targeted

2,604 posts

Posted by Targeted > 2020-06-21 18:03 | Report Abuse

Keep watching Astro and wait fr ads, if at all adverts makes a comeback. New norm is online ads.
Advertising agencies already begging govt. for life support.
Be carefull!!!!!!!

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