Secures RM400m term loan from Sumitomo Mitsui to refinance debts. Astro Malaysia Holdings’ wholly-owned unit Measat Broadcast Network Systems SB (MBNS) secured a term loan facility of up to RM400m Sumitomo Mitsui Banking Corp Malaysia. The facility is to refinance the existing term loan facility of RM380m obtained from SMBC on Aug 9, 2018. (The Edge)
How do u know what os bottom? At 90sen some ppl say is bottom. At 70sen some ppl say is bottom. End up all is BS. Real bottom is zero sen. so dont talk3 talk4.
Astro (Neutral, TP: RM0.70): Secures RM400m term loan from Sumitomo Mitsui to refinance debts. Astro Malaysia Holdings’ wholly-owned unit Measat Broadcast Network Systems SB (MBNS) secured a term loan facility of up to RM400m Sumitomo Mitsui Banking Corp Malaysia. The facility is to refinance the existing term loan facility of RM380m obtained from SMBC on Aug 9, 2018. (The Edge)
let see the numbers: maxis net debt rm9,5 Bil astro net debt rm2.9 Bil aiyoyo both super high debt lah, firstly maxis mana ada duit to take over astro? secondly why will maxis borrow more to take over the debts of astro?
Yes seems like The Edge knows something.. If astro go through privatisation how much would be the fair value? RM1 to RM1.50? thats easily 100% to 200% upside from current price
Everybody knows Astro is slowly dying. Obviously the Edge article is meant to trap ppl buy Astro. Insiders already bought the get Edge to write this nice article so that tomorrow they sell to sheeps
The Edge always on point when it comes to rumors... if there is no fire there is no smoke. Look at YTLPower KDEB waste management rumors that was released on the same issue.... today YTLPower just confirmed
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....
Siow Looi
426 posts
Posted by Siow Looi > 2023-07-31 16:38 | Report Abuse
No one want this company. Growth story in India has been privatised by the big boys before they IPO it again to fellow Malaysian and fund