It’s worth on long term invest due to dividend will launch back next year and undervalued will normalize revalues:but not for short term is hard to see any
Surely will have dividend but how much first? The dividend end up depending on the profit. If revenue keeps declining and cost keep increasing, then the profit will be damn low. Dividend 0.5 sen?
Cant see their reformation plan, will not insist to put our hard earned money here since there is so many potential stocks in Bursa. The economic trend in Malaysia is so obvious nowadays.
Narrow band for long time :now is always the timing to double up add on this counter great low with damn cheap to collect such high quality dividend counter
For me :share market is bought for mid-long term: aim for future gains and earnings now is the worst status for Astro malaysia damn ultra undervalued cheap ticket so buy now or regrets later ,dividend will resume soon ,companies already restructured their strategy and tactic to accommodate ISP services ,companies VSS HR layoff cost cut ,myr back to normal reduced content cost and released local drama series and activity game show drive dependence and expand favorable;perspective is individualized no need agree me
This counter is doomed and look to become a penny stock. And those GLCs which subscribed to this Asstroll company IPO last time, now lost 2/3 of their investment in this knn company.
The stumbling block in this company is the fact that they have to "commit" themselves to continuously lease with Measat (satellite based) technology which is also an Ananda baby. If they have fully committed themselves to full transtion away from satelitte based tech, they wouldnt need to tie themselves to such burdonsome lease (debt issue). If they have the guts they would spent every single dime of their money to develop a super app that is compatible with every single android/ios devices and as reliable as Netflix etc while keeping the prices competitive, i think this company might have a chance to retain their hardcord customers.
is no longer the matter of guts. The trend and first mover advantage has long gone before they realize it. They did not take full advantage when Astro was almost a must have in every household. Develop a super app? They already losing more and more subscribers. A Super app cant called Super if there is no ppl want to download it.
Hopefully tomorrow the price wont be too bad, Oylmpic and Eurocup coming next year, Astro should see better position next year given weakening USD dollar too
A company which lost it's direction. If you run business like a toll collector people will by pass the toll. This is what happens to those who talks about positivity without knowing the reality on the ground. Prepare to kiss the floor! Sembah tanah, tak lama lagi.
If not agree can ignore me : what is saw is Astro company smoothly done restructuring and data results revealed seem recovery better than my expectations :is all their best great jobs ;share price also found its bottom rock doing knee jerk jump now
Go to study VT term and condition description carefully they are prepaid tv mode & even can’t against Astro subsidiaries prepaid tv Njoi :vincent tan ambition is sell off their bankruptcy stacked mitv devices they even not reveal out their device cost just keep highlighting the twenty bucks really funny
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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....
Investsmart60
72 posts
Posted by Investsmart60 > 2023-10-20 16:46 | Report Abuse
New low achieved today