Please be patience to watting the entry price for Astro Malaysia.The price at 0.92-0.94 will be a good support area to entry for Astro Malaysia,because is have a lot buying volume waitting at there.Also, when the price reach 1.00 ,if u wish to entry and cannot wait, we also recomment you can make a try for small volume entry,after price reach 0.92-0.94 than you can add your lot volume.
What is Astro Malaysia Holdings Berhad worth?
Great news for investors – Astro Malaysia Holdings Berhad is still trading at a fairly cheap price according to my price multiple model, where I compare the company's price-to-earnings ratio to the industry average. I’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 9.36x is currently well-below the industry average of 22.69x, meaning that it is trading at a cheaper price relative to its peers. Astro Malaysia Holdings Berhad’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach its industry peers, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range.
What does the future of Astro Malaysia Holdings Berhad look like?
investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. Though in the case of Astro Malaysia Holdings Berhad, it is expected to deliver a negative earnings growth of -5.5%, which doesn’t help build up its investment thesis. It appears that risk of future uncertainty is high, at least in the near term.
What this means for you:
Are you a shareholder? Although ASTRO is currently trading below the industry PE ratio, the adverse prospect of negative growth brings about some degree of risk. Consider whether you want to increase your portfolio exposure to ASTRO, or whether diversifying into another stock may be a better move for your total risk and return.
Are you a potential investor? If you’ve been keeping an eye on ASTRO for a while, but hesitant on making the leap, I recommend you research further into the stock. Given its current price multiple, now is a great time to make a decision. But keep in mind the risks that come with negative growth prospects in the future.
So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. Every company has risks, and we've spotted 2 warning signs for Astro Malaysia Holdings Berhad you should know about.