Ananda Krishnan will re-list Astro by end of 2012?

Saturday, May 11th, 2013

How many time he want to do that? Yes, I am talking about taking a company in, out and in again of Bursa Malaysia? Now, Astro is been taken private.   Another ‘Maxis’ in the making? Also, don’t forget about Measat. Rumour is, he will do the same to Measat. That is why recently Measat hit [...]

Technical Analysis Jan 2013: ASTRO (6399)

Sunday, May 5th, 2013

ASTRO MALAYSIA HOLDINGS BERHAD Observation From Chart: ASTRO retrace down from RM3.05 high. How low will it go? Other indicator:- MACD trade @ positive region, uptrend sign. Stochastic %K on SELL call itinerary. Immediate resistance @ MA50 level, which is around RM2.86Subsequent resistance @ MA20 level, which is around RM2.96 Immediate support @ RM2.73 level. Subsequent support @ RM2.59 level. [...]

Credit Suisse sees higher Astro profit by 2015

Saturday, March 16th, 2013

ASTRO Malaysia Holdings Bhd’s profit should rebound in the year ending January 2015 when the bulk of its subscriber homes are equipped with a high de-finition (HD)-enabled box, Credit Suisse said. So far, two million of the total re-sidential subscription of 3.3 million have the new HD-enabled box, or a take-up rate of 64 per [...]

Astro: Double-digit revenue rise

Friday, March 15th, 2013

ASTRO Malaysia Holdings Bhd’s revenue rose 10 per cent to RM4.3 billion in the financial year ended January 31 2013, driven by new customers and good take-up of value-added products and services. However, net profit was down 33.5 per cent to RM418 million from RM629 million a year ago. The group has declared a second [...]

Technical Analysis Jan 2013: ASTRO (6399)

Tuesday, January 22nd, 2013

ASTRO MALAYSIA HOLDINGS BERHAD Observation From Chart: ASTRO retrace down from RM3.05 high. How low will it go? Other indicator:- MACD trade @ positive region, uptrend sign. Stochastic %K on SELL call itinerary. Immediate resistance @ MA50 level, which is around RM2.86Subsequent resistance @ MA20 level, which is around RM2.96 Immediate support @ RM2.73 level. Subsequent support @ RM2.59 level. [...]

Astro channelling growth the HD way

Thursday, December 6th, 2012

ASTRO Malaysia Holdings Bhd, the country’s largest pay-TV operator, believes most of its customers will subscribe to High Definition (HD) contents when the company migrates all its customers to the new HD platform. As at October 31, 2012, Astro has over 3.2 million subscribers, of which about 1.77 million (or 55 per cent of subscribers) [...]

Most analysts positive on Astro

Wednesday, November 28th, 2012

MOST of the analysts that started to initiate coverage on Astro Malaysia Holdings Bhd this week gave positive reviews on the pay-TV operator, with a potential upside on its share price of up to 38 per cent. The research houses that initiated the reports this week were previously in a so-called “blackout” phase as they [...]

Astro seeks legal advice on Indonesia court summons

Saturday, November 17th, 2012

KUALA LUMPUR: Pay-tv operator Astro Malaysia Holdings Bhd says it is seeking legal advice on a court summons over a claim made by PT Direct Vision (PTDV) in Indonesia. Astro, in a stock exchange filing late yesterday, said its subsidiary Measat Broadcast Network Systems Sdn Bhd (MBNS) had two days ago received a letter from [...]

Astro shares take a beating, end 7.7pc lower

Tuesday, October 23rd, 2012

SHARES of pay-tv operator Astro Malaysia Holdings Bhd took a beating on its second day of trade in the stock market, falling as much as nine per cent below its initial public offering price of RM3.00. Most analysts were not entirely surprised by the sudden sharp underperformance of the country’s third largest listing this year, [...]

What’s next after FGV, IHH, Astro?

Saturday, October 20th, 2012

IF we had blown all our life savings and lived like hippies in anticipation of the end of the world in 2012, as predicited by the Mayan calendar, it is now time to get a little bit edgy. There are about 70 days left before 2012 becomes history and, unless a calamity strikes Mother Earth, [...]