I wonder why... hmm... I suspect not enough people subscribing to Mustika Package so as*teruk may be "fishing" for more subscribers to this package by putting "bait" with free viewing for all subscribers.
Well... speaking for myself only... eventhough get to watch "free" for a week... and after that... forget about it, NOT interested to add Mustika Package.
Mustika Package
Ch 131 Astro Citra (SD)
Ch 132 Astro Warna (SD)
Ch 133 Astro Bella (SD)
Ch 134 Mustika HD
... ALL in-house As*teruk channels.
Interesting news of Astro share prices drop (shortly after its initial IPO), read on...
23-10-2012 : http://biz.thestar.com.my/news/story.asp?file=/2012/10/23/business/20121023134354
24-10-2012 : http://biz.thestar.com.my/news/story.asp?file=/2012/10/24/business/12216640
26-10-2012 : http://biz.thestar.com.my/news/story.asp?file=/2012/10/26/business/12228772
Whatever the reasons, I expected the as*teruk share prices to drop so I did not apply to purchase the damn as*teruk stocks !! Even if I can make money from the shares, I will never support and help as*teruk with extra capital to continue bullying subscribers with its exclusive satellite TV monopoly from our go_ver_ment! Already more than 16 years monopoly !
In my personal opinion (may be wrong), I believe the as*teruk shares will NOT perform well. I don't know BUT... even if its "normal" to use part of the capital revenue from the share sales to pay debts, my personal opinion is that its not "healthy" to allocate part of the share revenue (I think about 30%) just to pay as*teruk debt !
One of my friends had asked my opinion on whether to apply for purchase of as*teruk stocks from the IPO and I advised him that I believed that it will not be a good investment... and... hehe... he followed my advice and later thanked me when he saw the price drop ! Probably my instinct told me not to invest in the as*teruk stocks so its not based on any professional research. Hehe... utilised some $ on some other public company stocks and made some better profits !
ADDENDUM
I am not a professional stock market investor. Only sometimes an opportunistic share market player who sometimes make a bit profit and also sometimes got burnt with losses too ! Except for the news article from The Star online... so, whatever opinions I stated about the as*teruk "shares" not performing well are just my "kedai kopi" talk only.
According to the news report, Ananda and Khazanah Nasional Bhd had already sold a lot of their shares in the IPO exercise, BUT I suspect that there may be some other big players who may be working behind the curtains to manipulate as*teruk shares to reap more profits... maybe push prices down and then later buy for cheap... hehe... only my uneducated opinion lah.
This post has been edited by jamesleetech: Nov 7 2012, 07:49 AM
Nov 7 2012, 07:14 AM
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