Business Description
ASTRO as an entertainment and media services. It also provides a wide range of satellite television, radio, and digital services in Malaysia.

3 LARGEST SHAREHOLDERS (2023)
Pantai Cahaya Bulan Ventures Sdn Bhd (20.65&)
All Asia Media Equities Ltd (19.42%)
East Asia Broadcast Network Systems N.V (8.08%)

Financial Analysis QoQ (October)
Revenue – Declined by 9.5% (decrease was primarily driven by reduction in subscription revenue and advertising revenue)
Net Profit- Increased by 212.7% (Due to unrealised forex gain)

Valuation (YoY)
EBITDA margin - Declined by 1.2% (higher operating cost & expense)
Operating Margin – Increased 2.9%
Net Profit Margin – Declined 210%

SWOT Analysis
Strengths: Sports Broadcasting Rights & Local Content Production
Weaknesses: Pricing Sensitivity & digital streaming
Opportunities: Expansion of Digital Services
Threats: OTT platforms like Netflix, Disney+

Conclusion
Astro Malaysia Holdings Berhad has a strong market position in the Malaysian media landscape, supported by its diverse content offering and strong digital platforms. However, it faces significant challenges, especially from competition in the OTT space and shifting consumer preferences. By leveraging its strengths, investing in digital innovation, and exploring new markets, Astro can continue to thrive in an increasingly digital media environment.

总结季度报告:

Revenue增长716.80%对比去年同季度。这是因为Data Computing segment有高需求。Singapore和Malaysia是最明显的幅度增加。(2,727% & 406%)

Gross Profit也增长了17.45%对比去年同季度。主要归因于收入增加。

Profit before tax 也增长了344.73%也主要由于USA兑MYR贬值，导致未实现外汇收益有利。

虽然收入大幅增加，但销售成本也大幅增加，导致毛利减少.

老板有话说：
1. 自 2018 年以来，随着中美贸易紧张局势加剧，更多制造业业务将迁出中国。这让凭借地理、人口和监管优势的东盟地区受益。

2. EMS 行业继续受益于技术进步，特别是在人工智能技术、物联网、超级计算机、电动汽车和数据中心等领域

3. 数字化转型使 EMS 供应商能够简化生产、改善质量控制，并更有效地响应不断变化的客户需求和市场动态

4.随着数字服务、云计算和数据驱动技术的普及，马来西亚对数据中心基础设施的需求激增，数据中心提供商的咨询也随之增加。

这间公司账目和未来计划给我感觉一直都很透明化了咯 ！目前为止业绩表现这么好，也是整个油气行业繁荣带动起来的。期待更多好消息到来！

New Penang project announce.

Hi, would like to know is the bonus warrant will bring negative impact to the share price?

you think the warrant price will be RM 0.88?

Boo man, ''so imagine u invested 18k and get 3k ringgit if u sell the warrant'' . RM3K if u sell the warrant??? Funny

ermm, the 3.5K you need to pay for conversion. Your cost will be 18K+3.5K.

Waiting for Announcement. 1 Warrant For Every 5 Shares.

Should be RM 11