As of now, Astro EPS still higher than DY (12.5sen or 6.3% @ RM1.97), which is almost same as EPF and PNB return... so its means Astro fundamentally still strong and capable to pay 12.5c dividend from its earning, not like some stock where paying high dividend but company earning less than dividend payout...
if next QR, Astro's year-to-year EPS lesser than DY, definitely i will sell all Astro stock...
As of now, Astro EPS still higher than DY (12.5sen or 6.3% @ RM1.97), which is almost same as EPF and PNB return... so its means Astro fundamentally still strong and capable to pay 12.5c dividend from its earning, not like some stock where paying high dividend but company earning less than dividend payout...
if next QR, Astro's year-to-year EPS lesser than DY, definitely i will sell all Astro stock...
Thanks a lot bro for sharing :) Will look into these counters...
Yes...i agree on your point on Astro reduce earning and DY..as long as Astro earning higher than DY, i will hold..otherwise i will sell, like how i sold all BAT and Media once they failed to earn enough to pay dividend...
Cscsteel also. If you want that 6% div, payout about half.
Im still not really sure what most people see in astro. The valuation is not attractive at all especially for a company whose moat is destroyed now and whose business is just slowly deteriorating.
I still remember when i am small, we need to write the essay 'Cintai Malaysia, Beli Barangan Malaysia' by Tun M. 'Dengan cara ini, anda akan membantu (ekonomi) negara pulih dengan cepat dan apabila negara pulih kita semua akan mendapat faedah'. (Quoted from utusan 02/01/1998). Will, i still get some as switching to Xiao Mi do not help Malaysia economy but helping China. Cheers! Hopefully, Astro can keep up their ability to compete with their competitors. Have Faith!
Forgot to mentioned, my family and close family have 6 Astro plates. We are considered a loyal customers. We are still paying our bill every month no matter the share go up or went down. So, support Malaysia's product and business whenever we can so we can have stronger Ringgit.
I think the foreign fund worried about the monopoly market issue. Hi, Astro no longer monopoly the market since February 2017 and yet their Household Penetration increase to 75% from 71% which is more higher than their time during market monopoly. For more information, you can view in their website at https://corporate.astro.com.my/
After a 33% ytd share price decline, Astro’s valuation has spiralled down to below its previous trough and -2SD of its forward mean PE since its re-lisiting in Oct 12. The current depressed valuation – which implies -2.2% earnings CAGR in our DCF model – is underestimating its ability to sustain earnings, backed by its strong library content and 75% household penetration rate. Its prospective dividend yield is 6.6%. Upgrade to BUY. Target price: RM2.21. April from UOBKH
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....
Yael Jasper
2,178 posts
Posted by Yael Jasper > 2018-04-17 17:39 | Report Abuse
why