the same trend happened at the beginning of this month, this time the same person will play the same trick again, I belief that EPF the substantial shareholder will keep on selling in the afternoon tomorrow. I don't belief it will break the barrier of 1.10
Ha, ha, ha still at this price. Sold ASTRO in December at 0.955 and malready made money elsewhere. Dont waste time on penny Astro; there are plenty of other making money chances BEYOND ASTRO!!!
"BAD NEWS" wor today. But volume so thin. People with insider information queuing to collect. ASTRO had already removed Disney channel since beginning of this year. But now they have striked the deal to have exclusive rights to offer Disney+ to their subsribers. Astro TP RM2.00
The Disney Plus streaming service will launch in Singapore in an exclusive arrangement with local cable provider StarHub.
The Feb. 23, 2021 launch, previously teased by Disney management in December, will come some eight months after rival providers StarHub and SingTel ended their carriage deal for Disney’s linear channels package in the city-state.
The Disney Plus offering in Singapore will kick off with over 500 films and 15,000 episodes of content from six Disney brands: Marvel, Disney, Star Wars, National Geographic, Pixar and Star. It will also be available via TV, mobile and broadband. Pricing terms and package deals were not disclosed.
“We are excited to be the first and only fully-integrated quad-play service provider to raise the entertainment bar for our customers with Disney+, home to some of the most recognizable cultural brands in the world today,” said Johan Buse
Expected more IBs will downgrade the EPS forecast for next few yrs and target price.. So far, public bank IB downgraded the target price and earning due to Disney shutdown in Southeast Asia.
EPF could continue to unload the shares and put some pressure on the price.
As investor, we seek for sustainability besides apart from profitable reports and so on. Astro need to build to confidence how to attract their losing customer because a lot of people port out from astro to various of choices . Plus we have netflix, apple tv, youtube, mytv so reflecting to share price, it's ok to go for short/medium, cannot go long term
The year 2014 and Astro was a Darling among Fund Managers and Analysts. The share was trading at more than RM3.50 then. It was earning slightly more than today and also paying about 10-12 sen dividend. Today, at just RM1.00 in share price, the earnings and dividend per share is not too far off from 2014 but the share price is. So, do your own maths to see if it's a good buy today. I know I did, cheers.
@Kelvin....so true..I have analysed this same way ..also year 2014 bank FD interest rate was over 3% now 1.5% which should give more value to high dividend companies.. I guess we must wait the foreign funds back to Bursa to understand its full value..anyway, I am fully stocked and will enjoy steady dividends years to come...even if price doubles will probably hold for the lack of alternative investment targets..
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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....
noob2021
40 posts
Posted by noob2021 > 2021-04-19 09:21 | Report Abuse
what kind of announcement???