With digitization, CAPEX will be gradually reduced as evident from the past few quarters. This will increase the FCF in turn increase in dividend payout. Expected dividend yield of 5.0% at current price is attractive.
Heavy trading and good support/accumulation at 2.69/2.70 despite almost 70% counters in red today. In the end.. Astro closed up 7 sen at 2.72 nice indeed. :)
Astro should be priced at 2.80 based current earning and consistent dividend payout..
holding huge chunk of C1 @ avg 13.6c (paper loss 45%)...still hoping fair price would be reflected soon before C1 expiry Nov-17..otherwise have to realize huge loss :((
DowJ and NasD big dropped, but KLCI still manageable and up little up to this moment. Happened numbers of times. Seems we don't reflected much from US market. Let's see the closing today. Malaysia BOLEH! Huh!
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....
linges
2,701 posts
Posted by linges > 2017-06-13 19:18 | Report Abuse
Hope atleast crosses 3.00 before C1 expiry..