Fu*** up stock. earnings also not enough to pay div. Now you have unifi and I have discontinued my astro. If you read the QR today customers have dropped as less sale of top up boxes. Only gain is from forex and sales of merchandise. Now have to take from reserves to pay div. How long can this last?? Sold this stock long ago
how is a company able to challenge a free tv such as tvbox. No way. Even DVD sellers are now resorting to selling wan-tan mee nowadays.... whatabout Astro. Only reason they are still surviving is because the oldies are reluctant to change. Year on year Astro continue to increase their prices but offer little value in exchange. More people will cut the cord and Astro will be in deeper red.
Share price going back to 2.60 to 2.70 is probably wishful thinking. Subscribers base will keep on falling into foreseeable future. In the short term, share price probably will fall further. I think many big funds are unable to unload their shares due to low buying volume.
Most Malaysian will subscribe IPTV. Just last month I'm also one of them after loyal to Asto paid monthly bill for the past 11 years. This migration will give big impact in few years time. Good luck.
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....
supersaiyan3
3,134 posts
Posted by supersaiyan3 > 2018-03-28 19:03 | Report Abuse
THIS ASTRO is REALLY F.XXX.E.D UP