Try to keep an eye on this company if you interested in the media industry for long term invesment purposes. It is coming back from black!
Astro gradually solving it's problem in Indonesia & improving it's operation in India.
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6 comments:
hi Jeff,
I don't think this stock worth for long term investment as we need to taking the risk on future earning forecast. I would suggest stay a side and his current price consider at high level due to his major shareholder remain holding the share.
By the way, i would suggest to buy GIANT CABLE manufacturer who are capable to supplier the cable tenanga and telekom also asia. He got the good name in Asia. Now he stood at low PE ratio and earning are progressively increase. His director also kept accumulating the share open market mainly his CEO and his father (chairman). Lembaga tabung haji also keep collect. I'm awaiting this stock come down to RM0.45+-..
Dear herbert,
You are true, i am not suggest to go in now, but keepp an eye on it. The future potential for this company is depend on the study that we have done.
Thanks for your suggestion on Giant Cable. Will try to check.
Cheers~~
My 1cent opinion is that even Astro has got a very looks "good" management team, but the actual plan to revive its business is still in dull. I might be too conservative and not to buy anything that has unclear future where we need to hope the management can revive its business, just like people hoping the JUMBO PLANE TRA**** to take off again....shall we bet on it?? to me i would not. Simply because we the outsider can never be more understand the business than those management people.
btw, hey bro, what is the GIANT CABLE that you are talking about??
LEADER. I have been doing very clear research in my blog. pls read
bro herbert....I'm new here...mind to give me your blog address again?
Astro should view as growth stock and need longer investment horizon. It business model is viable and relevant in current market. As pay-tv require clear regulation, goverment policy become very important. Astro venture into indonesia market need more time to iron out and solve problem with their authorities department. Current price should have limited downside but require catalyst to gain momentum
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