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OverviewFinancial Highlight
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Business Background Astro Malaysia Holdings Bhd is an entertainment holding company, operating in the diversified media industry. The company's business segments include television, radio, Homeshopping and others. The television segment provides content, creation, and aggregation of media. Additionally, it provides magazine publication and distribution. The radio segment provides radio broadcasting services to customers. The company generates the majority of its revenue in Malaysia.
20 people like this. stockist888 most subscriptions are auto renewal unless instruction to cancel is given ... imagine otherwise, that is unacceptable too, no ? Astro is sinking but don;t whack it further when it is down guys 05/03/2024 9:56 AM hhhiii123 No idea how long it will drop as long as churn rate still high and ringgit stay weak. Epf is losing money like crazy lol 15/03/2024 4:59 PM diggiediggiedang next AGM, lets propose to cut director fees & block GCEO ESOS. Since company went through a VSS, they should bear some responsibility. 20/03/2024 12:11 AM BuySoLow SellEvenLower Astro look like becoming Ashthrow, share price going to the dungs. 21/03/2024 4:58 PM LimitUp Astro turning to Ash....then only people realise why they didn't Throw... 21/03/2024 6:47 PM gohkimhock Astro closes FYE24 with record low profit and dividend. Sunset industry.. 21/03/2024 8:48 PM autoven this stock for now...i dont see future...tvbox and many free app can install on smart tv for free....why need to pay monthly for astro to see those outmoded movies and drama? 22/03/2024 9:28 AM Anthonylucas7070 After $317,800 of my crypto assets were stolen, I contacted Coin Recovery Specialists at CoinRecoverySpecialists@Gmail.Com for help. Their prompt action and meticulous blockchain analysis led to the recovery of my assets, along with legal actions against the perpetrators. Their professionalism and dedication were remarkable. If you face a similar situation, I highly recommend reaching out to Coin Recovery Specialists via Email : CoinRecoverySpecialists@Gmail.Com for expert assistance in recovering your stolen crypto assets. 22/03/2024 9:29 AM EDwarrior Still dropping below 0.295. Useless stock in Bursa. So funny this company 22/03/2024 5:07 PM DickyMe "Investsmart60 Astro still making profit dont forget" ========================== If it is true, then don't forget it is diminishing. 22/03/2024 6:01 PM Investsmart60 Looks like debt is super bad. Assets mostly intangible valuation not sure can believe or not. 23/03/2024 2:11 PM ysyap84 Usually, it will head to south after result released. More to go down. Support at 0.25. 23/03/2024 3:24 PM DividendGuy67 Still downtrending. Fundamentally still overvalued for declining earnings, declining revenues, declining dividends. Still expensive relative to its NTA of 21 sen. CEO, Board, management still dreaming. They still aim to be Malaysia's No 1 streaming platform. Still spending trying to achieve this. Hahaha. Just google Malaysia's top streaming platform. I can't find Astro inside that list. Instead I see Netflix, Disney+Hotstar, AppleTV+, viu, all recognizable name but Astro I can't find. Sad ... 24/03/2024 4:16 PM DividendGuy67 Press release - CEO still throws big words like "world class content" ... then went on to quote examples of world class "All Stars Gegar Vaganza, Malaysia’s No.1 show, needs no introduction ..". Seriously? You think across the border, All Stars Gegar Vaganza needs no introduction??? Hahaha ... he continues to live in an alternate universe. Guess nobody in Astro has the balls to tell him otherwise. 24/03/2024 4:19 PM DividendGuy67 For declining revenues and declining earnings, plus declining DPS, you don't really want to pay 5 times earnings. If EPS is 1-2 sen, that's 10 sen max. Its NTA is 21 sen, so, if you follow Graham, you want to invest at 70% NTA or 15 sen. It's currently 29.5 sen. Sure it's profitable, but if earnings continue to decline, there's no margin of safety ... I sold half my holdings at 40 sen and will probably hold the other half till 10-15 sen before I consider adding. This might take a couple of years or so ... thankfully, I was highly disciplined in position sizing, and despite owning ASTRO that loses monies, it didn't stop my portfolio from making new all time highs many times since last year. 24/03/2024 4:25 PM DividendGuy67 TTM EPS is 0.71 sen. In Q3, they threw the kitchen sink and reported a loss of 0.90 sen. But in Q4, they make back 0.85 sen which looks big, but if sum H2 together, it is still a net loss of 0.05 sen i.e. this company is still LOSING money in the last 2 quarter. In my 10 sen valuation, I was very generous by awarding ASTRO with 1-2 sen earnings, but remember, last 2 quarters, they didn't make money but lost monies by 0.05 sen. TTM is 0.71 sen, so to get to 2 sen, they will have to TRIPLE the effort of TTM i.e. it would be against the odds to bring it back to 2 sen per year SUSTAINABLE. Price might fall to 10 sen first before settling down at 20 sen (10 times EPS of 2 sen, remembering right now it's only 0.71 sen and last 2 quarters are NEGATIVE). 24/03/2024 4:37 PM DividendGuy67 If ASTRO wants to be regarded as a stock for institutions, it has to do many things, one of which is reverse stock split. Right now, it's clearly a penny stock. It needs to reverse split at least 10:1 to bring it back to RM2.95 instead of RM0.295. Then, recapitalize at RM1.00 (equivalent to 10 sen) to dilute existing shareholder's share and if so, I'll subscribe at 10 sen. 24/03/2024 4:41 PM DividendGuy67 Euan Smith has to make a decision in next 3 years - will he be the CEO that transformed ASTRO in the eyes of institutional investors, or will he be booted out in next 3 years. 24/03/2024 4:43 PM DividendGuy67 For those of you who are still thinking of "Averaging Down", here's an article for you. http s://dividendguy67.blogspot.com/2024/03/should-you-average-down-or-not.html 24/03/2024 5:59 PM Investsmart60 If look segment, the tv is losing money. Only radio make money. Ceo can still talk talk talk. 25/03/2024 8:39 AM 5354_ Media, MediaC cheaper(in market capitalisation) if you like Media counters. 25/03/2024 11:59 AM DickyMe Posted by DickyMe > 2019-02-01 11:35 | Report Abuse 👆👆 d mc "your language show your standard." There, you just can't help being judgemental, aren't you? There is no difference in language, no such thing as polite or harsh words. Words form sentences which ultimately form a language. The words I used come from the same language you spoke. If you have mentally decided some words are inappropriate, it's your problem. You have set yourself a political correctness attitude. Not everyone will have to agree with you. The problem is, you cannot tolerate people who have opposing views. This is an open forum to share pro and cons about a stock. I am sure it's not your website and I don't think i need your permission to post my views. You must be a fool to think that by me stating opposing remarks, it will negatively impact share price, which seems to be your insinuation. I am against Astro's way of rendering their services by dishing out rerun, disruption, no rebate and collecting subscription fees for thrashy shows. There are many FREE alternatives enabled by technology with FREE copyright licence. So, I am not the problem to ASTRO but technology is. Here, many subscription based services have substandard quality from engineering, technical and customer service. Their only goal is to collect monthly subscription. It is akin to gangsters collecting protection money. Pirates! Astro is doomed in a couple of years. 27/03/2024 10:32 AM n3lly my 2c, ASTRO should shed its DTV business model and streamline to be a content aggregator. 1st order of business is to make a full pivot towards full broadband and then merging with MAXIS. Touching abit on MAXIS, having to compete with the current enlarged CelcomDigi and Malaysia gov's decision to force telcos to subscribe to DNB's 5g have caused MAXIS to have very little differentiating service. Same goes to MAXIS' wholesale purchase of HSBB from TM which are equally cut throat where subscriber will switch between TM depending promotion. For the uninitiated, calling ASTRO as sunset in uncalled for. It's MEASAT and DTV that's a sunset business. As for ASTRO, it remains as the primary source of local content for the community and will most likely here to stay. Lastly, for those people that compares ASTRO againts the like of NETFLIX, HBO+, Disney etc etc. Do you know that ASTRO offers bundle with those foreign streaming platform? Rather than having to manage several subscription, ASTRO's bundle offers a lot of value. By merging ASTRO and MAXIS, believe there will be huge synergy to my points above. The only stumbling block to the merger above is the consideration of MEASAT's existence which to me is a huge conflict of interest. 27/03/2024 8:52 PM DickyMe Astro bundles are heavily chopped junk shows to appease a certain section of the community. It's waste of money. 28/03/2024 9:40 AM Investsmart60 Whatever u said unifi tv already done. Astro will need to play the catch up gain if ever they decide to pivot 28/03/2024 9:17 PM diggiediggiedang https://www.freemalaysiatoday.com/category/nation/2024/03/27/couple-held-in-crackdown-on-illegal-streaming-syndicate/ 29/03/2024 2:22 AM | |