Analysts upbeat on Astro

KUALA LUMPUR: Astro Malaysia Holdings Bhd has gained positive reviews from most analysts after releasing promising third-quarter results last week. The satellite television company posted a higher net profit of RM123.71 million in the third quarter of the financial year ending January 31 2014, on the back of firmer RM1.21 billion revenue. Revenue rose 13 […]
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Astro nets RM98.3m

ASTRO Malaysia Holdings Bhd has posted a higher net profit of RM98.33 million for the second quarter in the financial year ending January 31 2014, compared with RM94.47 million in the corresponding quarter last year. Revenue for the second quarter was also better at RM1.19 billion compared with RM1.07 billion previously. For the cumulative six-month […]
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Astro eyes double-digit growth

ASTRO Malaysia Holdings Bhd is targeting a double-digit growth in the current financial year ending January 31 2014 on the back of its 11 newly launched channels and the rapid growth of its subscription base. Astro chief commercial officer Liew Swee Lin said Astro already has 3.58 million customers and is targeting 3.6 million customers […]
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Technical Analysis Jan 2013: ASTRO (6399)

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. […]
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Credit Suisse sees higher Astro profit by 2015

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 […]
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Astro: Double-digit revenue rise

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 […]
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Technical Analysis Jan 2013: ASTRO (6399)

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. […]
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