Many people are driven by greed, fear, envy and other emotions that render objectivity impossible and open the door for significant mistakes. A market characterised by mistake and mispricing can be beaten by people with rare insight.
Some investors can consistently outperformed others. Because of the existence of (1) significant misvaluations and (2) differences among participants in terms of skill, insight and information access, it is possible for mis valuations to be identified and profited from it with regularity.......

Raslan, I totally agree with you. Nowadays, you can even watch free movies and tv series online as long as you have internet connection and a mobile device, which will eventually put Astro into a very bad position. In recent years, TV box and internet subcription rate has increased drastically whereas there is a slow decline in Astro's subscription rate. From there, you can derive a negative correlation with TV box & internet and Astro subscription. But then, how can we explain the RM 1.1 billion quarter revenue? Well, personally I think its quite simple. The reason is because of different age groups. According to researches, old ages are more reluctant towards changes and are less adaptive towards technology advancement. Therefore, old ages that are used to Astro, will continue subcribe to Astro and are reluctant to change to TV box because of the unfamiliarity. Entertainment changes swiftly alongside with technology advacement. If Astro cannot keep up with the changes, not being able to find a solution towards the current threats, then they surely will be eliminated. Now, with these current and upcoming challenges Astro is facing, might be the potential factor towards the contribution of higher dividend. P.s. I'm here at this lobby because I am attracted by Astro's high dividend yield but I am still having dilemma due to the its challenges ahead. Hoping someone can advice me!

I understand your measurement with roic, price and PE, and these measurements are widely use in finance industry, but Astro needs to make up to the challenges. And do remember that i'm here because of its attrative roic and PE. However, the challenges they are facing is also causing me dillema to invest in this company because I believe that that current subscribers are all loyal customers that have been staying with Astro for many years. And because of the challenges i've mentioned in earlier comment, I can assure you that if no actions were taken, Astro cannot maintain its dividend yield. And for your record, Astro's share price has been diving long before market crash, and high dividend was given during the dive (maybe is to attract investors). So if the dive is to sustain, then we can feel the kick into the balls together. Also taken that TV box started becoming more active in Malaysia since 2019, there's a major bump into Astro's qr sales, falling from RM1.5b in 2018 quarterly to RM 1.2b quarterly in 2019, and RM 1.1b in 2020. This is a major issue for Astro. In 2020 with covid 19 boosting the entertainment industry, Astro's quarterly sales maintained, yet another major bump to Astro. Look at how Netflix Co. has surge during the covid, and now look at Astro. Choon, regarding the linked you've sent, noticed that the examples used are all companies with strong future outlook, not Astro. Hopefully Astro doesn't let us down and come out with solutions in near future. For now, my confident with Astro is just not strong enought, so i'll just keep an eye to the counter, probably come back when Astro is prepared to take against TV box. These are just my thoughts, always open to discuss with yall.

Lee....thanks for your in-depth analysis, I will monitor Astro as I bought it at 0.755 only, my target price just around 1.00....it’s so much better than put into fixed deposit......recently I noticed the advertising in Astro increased quite substantially, so hope can increase it’s earnings coming quarter.