Company Overview and News

Good dividend yield but no growth catalyst for Astro

2018-10-09 theedgemarkets
ASTRO Malaysia Holdings Bhd last week announced its lowest quarterly earnings since it was relisted on Bursa Malaysia in October 2012.
6399 BSMAF 1818

Astro partners beIN SPORTS to air Uefa matches

2018-10-02 theedgemarkets
KUALA LUMPUR: Astro Malaysia Holdings Bhd has teamed up with beIN Sports to offer live coverage of the Uefa Champions League and Uefa Europa League from the 2018/19 season to 2020/21.

KLCI seen moving sideways, immediate hurdle at 1,803

2018-10-01 theedgemarkets
KUALA LUMPUR (Oct 2): The FBM KLCI is seen trending sideways today with immediate hurdle at 1,803.
0179 4863 5225 8338 6399 MYPRY MYTEF Q0F IHHHF 5014 5145 0075

AppAsia, Bioalpha, Dataprep, EA Technique, IHH, MAHB, Mexter, Prestariang, Sealink, Taliworks, Astro and TM

2018-10-01 theedgemarkets
KUALA LUMPUR (Oct 1): Based on corporate announcements and news flow today, companies in focus on Tuesday (Oct 2) may include: AppAsia Bhd, Bioalpha Holdings Bhd, Dataprep Holdings Bhd, E.A. Technique (M) Bhd, IHH Healthcare Bhd, Malaysia Airports Holdings Bhd, Mexter Technology Bhd, Prestariang Bhd, Sealink International Bhd, Taliworks Corp Bhd, Astro Malaysia Holdings Bhd and Telekom Malaysia Bhd.
6399 5014 5145 0075 2852 0179 4863 5225 8338 MYPRY MYTEF Q0F IHHHF

Astro partners beIN Sports to air UCL, UEL matches

2018-10-01 theedgemarkets
KUALA LUMPUR (Oct 1): Astro Malaysia Holdings Bhd has teamed up with beIN Sports to offer live coverage of the UEFA Champion League (UCL) and UEFA Europa League (UEL) from the 2018/19 season to 2020/21.
6399 MANU

Umno’s Tun Faisal: ‘Pakatan sympathiser’ Awani ‘worse than TV3’

2018-09-30 malaymail
KUALA LUMPUR, Sept 30 — An Umno delegate today accused news channel Astro Awani as being Pakatan Harapan (PH) sympathisers, calling it “worse than TV3” as he called for party members to turn to “pro-Umno media” instead.

KLCI slips below 1,800 level as sellers outpace buyers

2018-09-27 theedgemarkets
KUALA LUMPUR (Sept 27): The FBM KLCI slipped back to below the 1,800-point level at midday break today, as sellers overtook buyers at the local bourse.
HLFBF 7113 7158 BATS TPGVF 4162 2089 5199 5347 7668 TNABY AXXTF 2836 HIPEF 1929 UPBMF 1082 6399 1163 5202 8311 2593 TGLVY 5139 0900 6888 TNABF 3719

KLCI edges lower, tracks mixed regional markets

2018-09-27 theedgemarkets
KUALA LUMPUR (Sept 27): The FBM KLCI edged lower in early trade this morning, tracking the mixed regional markets.
TGLVY 6173 5225 6888 7113 6399 TPGVF AXXTF Q0F IHHHF 2593

Fifa World Cup drags down Astro’s 2Q profit

2018-09-27 theedgemarkets
KUALA LUMPUR: Astro Malaysia Holdings Bhd has just secured the English Premier League (EPL) broadcast rights in Malaysia for another three seasons from 2019/20 to 2021/22, but this news might not be able to cheer its shareholders given its latest disappointing quarterly results.

Astro falls 5.42% as 2Q earnings slump

2018-09-27 theedgemarkets
KUALA LUMPUR (Sept 27): Astro Malaysia Holdings Bhd shares fell 5.42% in early trade this morning after its net profit for the second quarter ended July 31, 2018 (2QFY19) sank by 93.3% to RM16.6 million, from RM246.3 million in a year ago due to the FIFA World Cup and higher cost of merchandise sales and net finance costs.

Astro shares fall as profits slump 93%

KUALA LUMPUR: Astro Malaysia Holdings Bhd’s shares fell 4.8% in early trade Thursday after the company reported a 93.3% slump in profit in the second quarter ended July 31, 2018.

Trading ideas: Axiata, Astro, United Malacca, Poh Huat

KUALA LUMPUR: JF Apex Research expects Axiata Group Bhd , Astro Malaysia Holdings Bhd, United Malacca Bhd and Poh Huat Resources Holdings Bhd to be among the stocks to watch on Thursday.
6888 6399 AXXTF 7088 2593

Astro secures Premier League broadcast rights amid profit drop

Broadcasting rights: Astro has exclusive broadcasting rights to the English Premier League for the next three seasons. — Reuters

CIMB IB Research downgrades Astro, lowers target price to RM1.75

2018-09-27 theedgemarkets
KUALA LUMPUR (Sept 27): CIMB IB Research has downgraded Astro Malaysia Holdings Bhd to “Hold” at RM1.66 with a lower target price of RM1.75 (from RM2.70) and said Astro’s 1HFY1/19 core net profit missed expectations, at 34%/33% of house/consensus FY19 forecasts due to higher-than-expected FIFA World Cup cost in 2QFY19.

KLCI seen trending sideways, immediate support at 1,786

2018-09-26 theedgemarkets
KUALA LUMPUR (Sept 27): The FBM KLCI is expected to trend sideways today with immediate support at 1,786.
5080 BRDBF 5088 6399 5014 7088 2593 5210 3204 7668 6888 MYPRY AXXTF

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