ASTRO MALAYSIA HOLDINGS BERHAD

KLSE (MYR): ASTRO (6399)

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Last Price

0.225

Today's Change

+0.005 (2.27%)

Day's Change

0.22 - 0.225

Trading Volume

4,407,100


20 people like this.

8,242 comment(s). Last comment by nisah395 1 day ago

blekzz9

371 posts

Posted by blekzz9 > 2013-05-31 12:40 | Report Abuse

3.20 roadblock clear twice today..green light to fly..

Posted by herbert 456 > 2013-05-31 14:01 | Report Abuse

ASTRO CE and ASTRO CK trading at discount?? Can't believe the market anomaly

Posted by herbert 456 > 2013-05-31 14:10 | Report Abuse

Wah!! So many punters in the counter now playing ....

Posted by herbert 456 > 2013-05-31 14:16 | Report Abuse

OMG ! who is buying So strongly??

Posted by herbert 456 > 2013-05-31 14:27 | Report Abuse

Awesome!!

Posted by herbert 456 > 2013-05-31 15:01 | Report Abuse

Fuyoh!!! Geng ah!! Crossed 3.21 ....... Huat Arr!!

Posted by herbert 456 > 2013-05-31 15:03 | Report Abuse

Huat Arr!! Can close at 3.25 ...... gogogo!!!

Posted by herbert 456 > 2013-05-31 15:07 | Report Abuse

crossing 3.22 graciously....

Posted by herbert 456 > 2013-05-31 16:41 | Report Abuse

crossed 3.22 beautifully

Posted by herbert 456 > 2013-05-31 16:43 | Report Abuse

crossed 3.23..... awesome!!!

sephiroth

14,145 posts

Posted by sephiroth > 2013-05-31 16:54 | Report Abuse

Last 10 min, volume double!!!

3CGOLD

114 posts

Posted by 3CGOLD > 2013-05-31 16:57 | Report Abuse

A big shark buy in at 3.23?

Posted by herbert 456 > 2013-05-31 18:49 | Report Abuse

Looks like foreign fund house buying to boost up their portfolio after Astro's inclusion into the MSCI Malaysia Index.

Posted by herbert 456 > 2013-05-31 18:50 | Report Abuse

But Astro CE and CK still trading on discount despite the huge rally on mother share...

scott

418 posts

Posted by scott > 2013-05-31 19:30 | Report Abuse

What is msci ??

sephiroth

14,145 posts

Posted by sephiroth > 2013-05-31 19:44 | Report Abuse

morgan stanley capital index

Uwais

2 posts

Posted by Uwais > 2013-05-31 20:15 | Report Abuse

trading volume 99 milion plus. Mean it is 99milion shares or RM99 milion ?

blekzz9

371 posts

Posted by blekzz9 > 2013-05-31 23:52 | Report Abuse

Shares

eagle

388 posts

Posted by eagle > 2013-06-01 11:29 | Report Abuse

aiyak...hehe, worth the wait maa...can go RM4?

mingtee3

66 posts

Posted by mingtee3 > 2013-06-02 18:54 | Report Abuse

RM4 a matter of time....to hold and further buy...

scott

418 posts

Posted by scott > 2013-06-03 09:24 | Report Abuse

Bad support ... Surely go down

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-06-03 10:15 | Report Abuse

foreign buying on ASTRO will continue...now bargain hunting...cheapest index link counter...HOLD...

RIAZ

160 posts

Posted by RIAZ > 2013-06-03 12:06 | Report Abuse

sold my astro at 3.20.. bye bye astro

sephiroth

14,145 posts

Posted by sephiroth > 2013-06-03 14:33 | Report Abuse

this is really a clown company, fri +8 sen, now -9 sen

scott

418 posts

Posted by scott > 2013-06-03 14:34 | Report Abuse

Sold at 3.19 ... Faber is a better company to invest than this shit

steve84

12 posts

Posted by steve84 > 2013-06-03 15:25 | Report Abuse

sold at 3.22. thanks god cabut early last friday~

Posted by herbert 456 > 2013-06-05 09:51 | Report Abuse

who is buying??

sephiroth

14,145 posts

Posted by sephiroth > 2013-06-05 09:53 | Report Abuse

kwai lo(foreign fund) can start buying coz included in msci index

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-06-05 10:00 | Report Abuse

I mentioned many times already..if you are having this stock don't sell..analyze the pattern...Astro counter normally move up when index is red in colour..It remain stagnant or in correction mode when index is green in colour...Foreign fund is still buying but they don't want to be too aggressive...moving up slow ly but surely...just my one sen opinion cheers...

Posted by herbert 456 > 2013-06-05 10:16 | Report Abuse

o ic

Posted by herbert 456 > 2013-06-05 10:29 | Report Abuse

So, who is selling??

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-06-05 11:57 | Report Abuse

I guess the retailers who wish to dispose their stocks...Corporate investors are holding...

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-06-05 12:06 | Report Abuse

Just to share...I heard one corporate investors were saying that the minimum requirement is RM30 million for any foreigner that wish to purchase MSGI stocks....and ASTRO is considered one of the cheapest MSGI counter on KLSE...I hope this is true...Good luck to all that are still holding...

Posted by herbert 456 > 2013-06-05 12:10 | Report Abuse

cheapest?? in terms of absolute value?? or market capitalisation?? or future Target Price??

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-06-05 12:22 | Report Abuse

To the foreigners it is very cheap is every aspect....

sephiroth

14,145 posts

Posted by sephiroth > 2013-06-05 19:02 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1313501
US fund, T. Rowe Price Associates, Inc just became substatial share holder (263m shares or 5.06%)

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-06-05 21:56 | Report Abuse

Let's hope it will move towards RM4.00...timing..

twngxxxx

137 posts

Posted by twngxxxx > 2013-06-06 07:39 | Report Abuse

05-Jun-13 ASTRO MALAYSIA HOLDINGS BERHAD ASTRO 263,018,400 T. Rowe Price Associates, Inc 263,018,400

Posted by herbert 456 > 2013-06-06 08:12 | Report Abuse

Wow!! News like this will make punters GORENG!! GORENG!! GORENG!!!......

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-06-06 09:31 | Report Abuse

I am of the opinion that Astro shares is more or less cornered...

My rationale:

263,018,400 no of securities acquired from open market by T. Rowe Price Associates, Inc. and T. Rowe Price International Ltd. They are are registered investment advisors with the U.S. Securities and Exchange Commission and act as discretionary investment managers on behalf of various clients. T. Rowe Price International Ltd is a wholly-owned subsidiary of T. Rowe Price Associates, Inc.

VERSUS

THE RETAIL OFFERING OF 259,865,000 ISSUE SHARES TO THE MALAYSIAN PUBLIC during IPO.......

Interesting to watch what will happen sooner or later....cheers

Posted by herbert 456 > 2013-06-06 09:34 | Report Abuse

Sounds like T.Rowe likes to "syok sendiri" ....... :)

Posted by herbert 456 > 2013-06-06 15:17 | Report Abuse

Today is T+4 from last friday's huge rally...... force selling for those playing contra

Posted by Francis Lee > 2013-06-06 16:18 | Report Abuse

don't comprehend....announcement t rowe acq 263 million on 29.5.2013....vol traded nowhere near that amt.What gives?

Handsome

72 posts

Posted by Handsome > 2013-06-07 02:01 | Report Abuse

i am still confident with Astro...HOLD!!!

Posted by herbert 456 > 2013-06-07 08:11 | Report Abuse

T. Rowe didn't announce their trade of the 263 mil until they reached the 5% threshold as per Bursa's guidelines. Because, only 5% and above are considered substantial and require immediate announcement. Therefore, they could have been buying and probably selling below that threshold for a while, prior to holding that amount of shares.

Posted by herbert 456 > 2013-06-07 08:13 | Report Abuse

It will be interesting to see what is their target price, as their disposal could be substantial to impact the trading price. But for now, it seem like they are going to hold for a while longer before disposing, coz another announcement of their acquisition yesterday.

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-06-07 09:29 | Report Abuse

The ball is at the corporate investors feet to push up the price...Under normal circumstances Corporate Investors target ROI is between 70-100%...ASTRO will be another MAXIS...If anyone want to make money from this counter must think like the corporate investors....Commonsense speaks for itself...A US base company like T.Rowe won't spend almost RM 1 billion to acquire ASTRO stocks from open market if they don't see potential after doing their Due diligence in every corner...Just my one sen opinion...cheers...

Posted by herbert 456 > 2013-06-07 10:33 | Report Abuse

Looking good for an upside today...

Posted by herbert 456 > 2013-06-07 10:40 | Report Abuse

Can a repeat of last Friday's rally, happening today??

sundar63

125 posts

Posted by sundar63 > 2013-06-07 11:30 | Report Abuse

Doomed company

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