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

1,007,900


20 people like this.

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

laychee

1,743 posts

Posted by laychee > 2020-07-07 09:33 | Report Abuse

When the price is going down or cannot go up, people will shout sunset biz...

When the price suddenly goes up, people will shout good dividend stocks, ... changing biz model... like last time from 81cents jumped to 94 cents.

Conclusion: this is a place where people are spreading fake news. This will only benefit those who pushed the price up and sell to you at the peak.

JayC88

898 posts

Posted by JayC88 > 2020-07-07 14:34 | Report Abuse

lol if wanna make money have to do the exact opposite of whatever 'advice' found in this i3 forum

Big3

272 posts

Posted by Big3 > 2020-07-08 00:03 | Report Abuse

If profit dropped & dividend is equally slashed in half. What do u expect for your next dividend? With no prospect aheads & more alternatives in the market, we can only expect to see further decline in profit or even worst... losses with 0 dividend. This is not a dividend counter anymore. Sad.

luckypunting

1,930 posts

Posted by luckypunting > 2020-07-08 16:48 | Report Abuse

oh no ... why pushed up ... :p

memorylane

249 posts

Posted by memorylane > 2020-07-08 17:50 | Report Abuse

EPF almost finish accumulating, now holding 8% now... that's why pushing the price up.

getingreal

405 posts

Posted by getingreal > 2020-07-08 17:55 | Report Abuse

This share is undervalued, accumulate for good cash flow and dividend yield. I suspect the 50% drop in Dividend last 1/4 was overly conservative, and that's being charitable. Buy.

freddiehero

16,722 posts

Posted by freddiehero > 2020-07-08 17:56 | Report Abuse

wow.. be best astro

luckypunting

1,930 posts

Posted by luckypunting > 2020-07-08 18:46 | Report Abuse

really EPF hit target accumulating > 8% ... then is time to push up?

GSoros

28 posts

Posted by GSoros > 2020-07-08 20:42 | Report Abuse

Hahaha...guess those bad news really just rely on news. Learn more about how share market price move

laychee

1,743 posts

Posted by laychee > 2020-07-09 11:14 | Report Abuse

Haha just one quarter bad, people start saying dividend slashed in half... so laughable.

laychee

1,743 posts

Posted by laychee > 2020-07-09 11:15 | Report Abuse

Moreover, the bad quarter happens in almost every company. Haha. A lots of Warren Buttock here.

RainT

8,448 posts

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

but a company for the future profit prospect or under value

never buy it due to dividend

dividend shall come second reason

luckypunting

1,930 posts

Posted by luckypunting > 2020-07-10 16:00 | Report Abuse

...really funny counter ... who is supporting the price? :p

DickyMe

14,886 posts

Posted by DickyMe > 2020-07-12 23:05 | Report Abuse

So laughable reading at Astro butt licker's like the laychee cheebai statement.

The chart shows the actual performance of this junk. From RM 3 dropping like shit to below 90 sen.

Pay dividend like giving sweet to crying babies for their capital eroding stock.

Some idiots think if EPF is buying it is a worthwhile stock.

The fact is EPF is injecting public fund to maintain operation and jobs of parasites in this company.

ASTRO PRODUCT is outdated junk shows.

luckypunting

1,930 posts

Posted by luckypunting > 2020-07-13 08:36 | Report Abuse

technically .. someone is trying to push it up ... MACD fast line is cutting above ... try to push up to Zero

luckypunting

1,930 posts

Posted by luckypunting > 2020-07-13 08:37 | Report Abuse

not sure have enuf power or not ... :D

Posted by wallstreetrookie > 2020-07-13 10:17 | Report Abuse

garbage stock i hate it so much sell

laychee

1,743 posts

Posted by laychee > 2020-07-13 14:36 | Report Abuse

Not just this company is garbage, so are many others that posted a bad Q2 result.

RainT

8,448 posts

Posted by RainT > 2020-07-16 10:21 | Report Abuse

oh my

EPF inject public fund to maintain operation & jobs parasites in ASTRO

Well said

this is another side of how you see of EPF buy a company...

gghaha

1,639 posts

Posted by gghaha > 2020-07-16 15:58 | Report Abuse

I like to collect garbage when is below the price 0.8.....:)

absalom

54 posts

Posted by absalom > 2020-07-17 10:33 | Report Abuse

Funny, many people 'hate' this stock, quit subscription la, garbage stock la, sunset, but are still here. Wonder whats the motivation?

laychee

1,743 posts

Posted by laychee > 2020-07-17 10:36 | Report Abuse

According to many, it is only garbage when it is above 0.80. When it drops further, it will become gold.

absalom

54 posts

Posted by absalom > 2020-07-17 10:46 | Report Abuse

Very noble intentions then, put out negative news, spread fear encourage people to sell so can buy cheap. It's different from sharing information and advice whether good or bad, about companies which is then a value to the investing community.

alexsee

1,349 posts

Posted by alexsee > 2020-07-17 12:37 | Report Abuse

hope 0.8 is a strong support, else...

Louise4

389 posts

Posted by Louise4 > 2020-07-17 17:21 | Report Abuse

next week back to >90sen

luckypunting

1,930 posts

Posted by luckypunting > 2020-07-18 14:35 | Report Abuse

haha .. negative news to push down ... ok la .. let give some fair and positive news for this company and see how :D

luckypunting

1,930 posts

Posted by luckypunting > 2020-07-18 14:37 | Report Abuse

according to the Company Townhall, mgmt is trying to execute their transformation plan ... but ... but ...

luckypunting

1,930 posts

Posted by luckypunting > 2020-07-18 14:38 | Report Abuse

individual investors are still sceptical about their biz transformation plan ... question is how long it will take to bear fruits?

luckypunting

1,930 posts

Posted by luckypunting > 2020-07-18 14:43 | Report Abuse

EPF buying spree last few months ... most likely is attracted to their dividend yields ... in this low interest rate era ..

luckypunting

1,930 posts

Posted by luckypunting > 2020-07-18 14:44 | Report Abuse

.. and also some betting motive on their biz plan .. :p

Posted by wallstreetrookie > 2020-07-19 16:01 | Report Abuse

i say i hate this stock because im trapped. no one has the effort to persuade people into selling okay? I am not one of the fund managers. But seriously this stock has shown some atrocious performance overall

Stockwiser

263 posts

Posted by Stockwiser > 2020-07-20 12:15 | Report Abuse

Many people kena trapped already. Wana sell oso cannot unless willing to bleed.

kslee81

163 posts

Posted by kslee81 > 2020-07-20 15:32 | Report Abuse

Don't worry

Louise4

389 posts

Posted by Louise4 > 2020-07-20 17:17 | Report Abuse

will fly soon

Louise4

389 posts

Posted by Louise4 > 2020-07-21 09:34 | Report Abuse

wow, good chance to buy more. Astro box selling like hot cakes now. Will fly soon.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-07-21 09:53 | Report Abuse

Board: MAIN
Sector: Telco&Media
Avg Volume (4 weeks): 6,164,410
4 Weeks Range: 0.80 - 0.89
52 Weeks Range: 0.705 - 1.61
Average Price Target: 1.10
Price Target Upside/Downside: +0.30

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-07-21 09:54 | Report Abuse

Time to grab


Date Close
20/07/2020 0.805
17/07/2020 0.805
16/07/2020 0.805
15/07/2020 0.815
14/07/2020 0.815
13/07/2020 0.835
10/07/2020 0.84
09/07/2020 0.845
08/07/2020 0.84
07/07/2020 0.815
06/07/2020 0.82
03/07/2020 0.82
02/07/2020 0.81
01/07/2020 0.815
30/06/2020 0.83
29/06/2020 0.82
26/06/2020 0.825
25/06/2020 0.845
24/06/2020 0.85
23/06/2020 0.88

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-07-21 09:57 | Report Abuse

Grab fast, target price for astro at rm1.15 released

KUALA LUMPUR (July 20): Hong Leong Investment Bank (HLIB) Research said it had upgraded its rating for the media sector to "neutral" due to a possible digital advertisement expenditure (adex) expansion, premised on the back of increasingly digitally-oriented consumers and more attractive package offerings.

In a note today, HLIB Research analyst Syifaa’ Mahsuri Ismail said as traditional adex still outweighs digital adex, the research house believes peers under their coverage still need to endure the hit from digital disruption and wait for significant earnings improvement from their own digital ventures despite a proactive strategy to increase their online presence.

“However, we believe the bottom has yet to be seen given that traditional media still form the lion’s share of the industry’s contribution.”

Syifaa said since the movement control order (MCO) was implemented, the research house expects the media industry to flourish with a spike in television viewing and with people glued to news portals for updates regarding the development in the number of active cases.

She said figures did align with this assumption as Astro Malaysia Holdings Bhd said its viewership hours had climbed significantly by 11.5% year-on-year (y-o-y), while its average daily viewers increased by 4.1% y-o-y.

Media Prima Bhd's Ripple also garnered a total of 1.9 million digital listeners, a 30% increase during the MCO period.

However, Syifaa said the rise in hours did not translate to a revenue increment because there was a decline in adex spending by advertisers.

“The biggest drag came from the usual suspects, with adex declining in print (59% quarter-on-quarter or q-o-q) and radio (57% q-o-q). Although TV adex was backsliding, it was relatively softer than the rest (20% q-o-q). However, it was still the biggest chunk of the pie with a 68% contribution of total adex during March to May 2020.”

In the others division, the 77% dive q-o-q was due to cinema closures during the MCO and CMCO periods, she added.

Aggregately, HLIB Research expects the declining trend to persist for the remainder of the year on the back of a dire adex environment, moderating private consumption and magnified digital disruption as Internet services become more accessible.

Media companies’ bottom line will likely be strained on the back of a downturn economic outlook with advertisers turning cautious about their spending, pay TV and home shopping being hit by consumer cuts in discretionary spending and newspaper circulation being halted with accessible news from online media, she added.

“With the aforementioned reasons, we forecast media companies’ earnings to continue to be beleaguered for the remainder of 2H20 (second half of 2020).”

The research house’s companies in focus include a "hold" rating for Star Media Group Berhad and Media Prima with a target price (TP) of 41 sen and 17 sen respectively as both are trading below their net cash per share.

Astro is only the top pick for the sector with a "buy" rating and TP of RM1.15 due to it reaping the benefits of cost savings following the deferment of major sports events and an attractive dividend yield of 8.1%.

As at 9.45am, Astro remained at 81 sen, with a market capitalisation of RM4.2 billion. The stock saw some 95,400 shares traded.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-07-21 09:57 | Report Abuse

Act fast before u regret


Astro is only the top pick for the sector with a "buy" rating and TP of RM1.15 due to it reaping the benefits of cost savings following the deferment of major sports events and an attractive dividend yield of 8.1%.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-07-21 10:03 | Report Abuse

THE Covid-19 pandemic has hit the retail world hard as demand for non-essential items comes to a grinding halt. Even so, for TV home shopping players, it appears that every cloud has a silver lining.

Despite the gloomy economic outlook, Media Prima Bhd’s CJ Wow Shop is targeting a 30% growth in home shopping revenue this year, according to CEO Kim Yang Hyun.

“Looking at our performance in previous years and in the first half of 2020, we are confident in achieving profitability in the near future. To sum up, we are glad to say that within the e-commerce industry, we have both scalability and profitability,” he says in an email reply to The Edge, highlighting that its new customers have increased and made up a significant portion of total sales during the Movement Control Order period.

Going forward, Kim says CJ Wow Shop will focus on enhancing its multi-platform strategy that embraces TV, mobile and PC. “This will be our next strategic direction. As a content commerce platform, we will enhance our content creativity, influential storytelling and product competitiveness.”


Meanwhile, Astro Malaysia Holdings Bhd’s Go Shop CEO Grace Lee tells The Edge that one of the key learnings from the pandemic is businesses across various industries must have a digital and e-commerce strategy.

“Bricks-and-mortar businesses are pivoting towards digital sales. Go Shop is seeing more merchants wanting to work together to reach consumers across its platforms.

“At the same time, consumers have adapted to the convenience of making purchases online. As a result, Go Shop saw sales orders and monthly active users jump 43% and 97% respectively in 1QFY2021. Given that consumers might be more prudent in their spending due to the economic uncertainties, we are cautiously optimistic that this trend will continue.”

Nonetheless, Lee says Go Shop’s growth strategy is underpinned by content, product and service differentiation. “One of our key strengths is our customer base and our access to multi-platforms. With the power of TV, radio and digital, we have the content production and marketing skills to persuade consumers to shop.

“With this opportunity, we are able to help Malaysian SME (small and medium enterprise) home-grown brands expand their reach and deepen their engagement.”

Both TV home shopping players are positive about market competition.

“With competitors, we can discover opportunities, differentiate and learn from what our competitors are doing,” Lee opines.

Kim says, “Malaysia’s home shopping industry has been around for over five years and is still in its growth phase. We have removed barriers for customers by offering them diverse ways to shop. This creates a conducive ecosystem for this industry. We believe healthy competition will enlarge our market size.”


The local TV home shopping segment has been a battlefield between Astro’s Go Shop and Media Prima’s CJ Wow Shop. Riding on the e-commerce wave, the two media giants are striving to attract customers to shop on their platforms, with both targeting Malay and Chinese consumers.

However, contribution from the segment is still relatively minimal after years of presence.

For perspective, Go Shop raked in RM368 million in revenue for the financial year ended Jan 31, 2020 (FY2020), accounting for merely 7.5% of the group’s total revenue of RM4.9 billion.

The segment registered a higher loss before tax of RM15.8 million in FY2020 compared with RM7.4 million the year before, primarily due to lower revenue. This was coupled with more spending in FY2019, on the back of a tax holiday and sales driven by the Fifa World Cup campaign.

However, for the first quarter ended April 30, 2020, Go Shop managed to return to the black with a profit before tax of RM600,000 against a loss before tax of RM4.5 million previously.

Quarterly revenue grew 14.1% to RM95.3 million, thanks to higher viewership and the festive season during the quarter.

Go Shop, launched in January 2015, had 2.4 million registered customers as at January this year. It is broadcast over three channels on Astro as well as a free-to-air channel through myFreeview.

CJ Wow Shop, meanwhile, reported RM232.2 million in revenue for the financial year ended Dec 31, 2019 — a 9% growth against RM213.1 million the year before.



The top-line contribution from the segment to the group was higher at 21%, though it did not lead to profitability for the segment.

Launched in April 2016, CJ Wow Shop’s customer base reached 1.7 million in FY2019. There are two dedicated free-to-air channels for the home shopping network.

Analysts reckon that while the home shopping segment’s contribution is not significant, it has been growing over the years and the momentum is likely to continue.

“For TV shopping, the products are mostly electrical and household items, and prices are cheaper. It’s like a necessity that you can use on a daily basis. So, demand will still be there,” says MIDF Research analyst Khoo Zhen Ye.

Good123

26,444 posts

Posted by Good123 > 2020-07-21 10:08 | Report Abuse

it could become a reality at astro current price. share swap with maxis


Observers say a merger between Astro and Maxis will result in a company that is strong in telecommunications and broadcasting. As more people consume content through their data network, the merger will allow Astro to become a full-fledged data-based broadcaster.



https://www.theedgemarkets.com › ...

Why a merger between Astro and Maxis is being talked about | The Edge Markets

Good123

26,444 posts

Posted by Good123 > 2020-07-21 10:13 | Report Abuse

market cap of maxis~rm42bil, astro RM 4.2bil only. maxis could issue up to 10% of total shares to acquire astro now

Good123

26,444 posts

Posted by Good123 > 2020-07-21 10:15 | Report Abuse

the much talk about merger between maxis and astro could happen anytime this year. it is this year or never

Good123

26,444 posts

Posted by Good123 > 2020-07-21 10:21 | Report Abuse

3 main reasons to buy astro, profitable, high dividend yield 8% and merger with maxis

Good123

26,444 posts

Posted by Good123 > 2020-07-21 10:21 | Report Abuse

TV e-commerce another boost to astro

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-07-21 10:23 | Report Abuse

All analysts with higher price or valuation or buy call?

Date Price Target Source News
19/06/2020 1.55 PUBLIC BANK Price Target News
19/06/2020 0.86 MIDF Price Target News
19/06/2020 0.83 KENANGA Price Target News
19/06/2020 1.15 HLG Price Target News
19/06/2020 0.90 AffinHwang

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-07-21 10:26 | Report Abuse

Kwsp Beli, anda? Sebijak kwsp ?



ASTRO Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
15 Jul 2020 Acquired
93,200 Employees Provident Fund Board ("epf")
10 Jul 2020 Acquired
33,800 Employees Provident Fund Board ("epf")
03 Jul 2020 Acquired
1,191,900 Employees Provident Fund Board ("epf")
30 Jun 2020 Acquired
1,713,100 Employees Provident Fund Board ("epf")
29 Jun 2020 Acquired
751,600 Employees Provident Fund Board ("epf")
26 Jun 2020 Acquired
2,000,000 Employees Provident Fund Board ("epf")
25 Jun 2020 Acquired
2,000,000 Employees Provident Fund Board ("epf")
24 Jun 2020 Acquired
3,000,000 Employees Provident Fund Board ("epf")
23 Jun 2020 Acquired
3,634,200 Employees Provident Fund Board ("epf")
22 Jun 2020 Acquired
3,000,000 Employees Provident Fund Board ("epf")

Good123

26,444 posts

Posted by Good123 > 2020-07-21 10:32 | Report Abuse

kwsp Dah 8% stake, tak cukup , tambah lagi :) <%-- for fixing scrollbar--%>



 6399    ASTRO    ASTRO MALAYSIA HOLDINGS BERHADChanges in Sub. S-hldr's Int (Section 138 of CA 2016)Particulars of ShareholderName:EMPLOYEES PROVIDENT FUND BOARD ("EPF")NRIC/Passport No./Company No.:EPF ACT 1991Nationality/Country of Incorporation:MalaysiaAddress:Tingkat 19, Bangunan KWSP, Jalan Raja Laut 50350 Kuala Lumpur Wilayah
Persekutuan Malaysia
Descriptions (Class and Nominal Value):Ordinary Shares in Astro Malaysia Holdings Berhad ("AMH Shares")Name and Address of Registered Holder:You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of ChangesDate of Notice:16/07/2020Transactions:No.DateTransaction TypeNo of SharesPrice (RM)1.15/07/2020Acquired93,200-Circumstances by reason of which change has occurred:Acquisition of SharesNature of Interest:Direct InterestConsideration:

No of Shares Held After Changes:Direct:421,046,100 shares (8.0750%)Total:421,046,100 sharesRemarks:You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Submitted By:
20/07/2020   05:05 PM

Ref Code: 202007203600116

Good123

26,444 posts

Posted by Good123 > 2020-07-21 10:33 | Report Abuse

8% stake, tambah lagi, tamak :p

 6399    ASTRO    ASTRO MALAYSIA HOLDINGS BERHADChanges in Sub. S-hldr's Int (Section 138 of CA 2016)Particulars of ShareholderName:EMPLOYEES PROVIDENT FUND BOARD ("EPF")NRIC/Passport No./Company No.:EPF ACT 1991Nationality/Country of Incorporation:MalaysiaAddress:Tingkat 19, Bangunan KWSP, Jalan Raja Laut 50350 Kuala Lumpur Wilayah
Persekutuan Malaysia
Descriptions (Class and Nominal Value):Ordinary Shares in Astro Malaysia Holdings Berhad ("AMH Shares")Name and Address of Registered Holder:You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of ChangesDate of Notice:16/07/2020Transactions:No.DateTransaction TypeNo of SharesPrice (RM)1.15/07/2020Acquired93,200-Circumstances by reason of which change has occurred:Acquisition of SharesNature of Interest:Direct InterestConsideration:

No of Shares Held After Changes:Direct:421,046,100 shares (8.0750%)Total:421,046,100 sharesRemarks:You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Submitted By:
20/07/2020   05:05 PM

Ref Code: 202007203600116

Good123

26,444 posts

Posted by Good123 > 2020-07-21 10:33 | Report Abuse

Jom, labur Dalam astro bersama kwsp Kita :)

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