that was the reason why i accumulating C1 now...i feel mother 2.75 is already at bottom..right time to accumulate C1..with 6months expiry..hv sufficient time to hold in case mother dip further south.. With constant 4-5% pa payout..Astro downside is very limited..52weeks low is 2.60..possible upside is 3.00...looks upside higher than downside..so today i decided it could be safe to enter..
Cannot expect C1 for 100% or 200% return...at least 50% is possible if mother climb back to 3.00
ASTRO recognised viewer demand for access to mobile content and introduced the “Astro-on-the-Go” app five years ago.
On March 31, the app was rebranded as “Astro Go”, with enhancements in user interface, personalised recommendations, social media sharing, etc.
The Astro Go app chalked up three million downloads, with 1.1 million users watching content for three hours or more per week compared to less than 100 minutes a year ago.
The company’s management also sees Astro Go as a new platform to expand online advertising expenditure (adex).
CIMB Research agrees with the Astro management that online piracy is a bigger threat to Astro than over-the-top (OTT) players because it devalues the content and talent.
Astro remains confident that it will maintain its 5.1 million strong household customer base by leveraging on its strength in content ownership. Annually, Astro produces 13,000 hours of local content. The average Astro customer household spends about four hours a day on the Astro platform, of which three hours are spent on local vernacular content.
This gives Astro a competitive edge over rivals because the international studios do not invest much in local content due to the lack of scale. In a recent news report, Datuk Rohana stated that Astro was in the process of complete digitalisation.
Once completed, Astro customers will enjoy self-service consumer experience that would extend to the ability to check on the location of the technician assigned to fix the settop box at home from a smart device.
As part of Astro’s digitalisation initiative, it has partnered with Amazon Web Services to shift its content to the cloud.
Astro is also exploring the potential of content mobility, which would allow a subscriber to access Astro content when travelling outside Malaysia.
“We expect stronger earnings per share (EPS) growth of 8.5% in financial year 2018 forecast (FY18F), driven by robust adex growth of 8% to 9% and higher average revenue per user (Arpu) of RM102 per month from the sports package price hike and higher takeup rate of value-added services.
@number2...we are here investing after a details homework...if u read my comment on 06/04/2017 18:11...u can see that we already expecting downside of RM2.60..so its definately is a opportunity to buy if ur wisj comes true :))
Today.. looks like the sellings has lessened and the downside is quite limited. Once the buyers stop being passive due to accumulation of the recent sell-offs.. its time for Astro to slowly shine again. Gudluck.
Well done. Astro closed today @2.71 (up 5 sen) with a nice positive Buy Rate of 66%. C1 also still at a low premium of 6.27% only. Tomorrow.. sunny !! :)
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....
Azli
1,082 posts
Posted by Azli > 2017-02-02 09:56 | Report Abuse
AT 3.3 OR HIGHER?