Astro Is Making Money!

Never mind that Astro lost some 526 million the previous fiscal year.

Never mind that Astro lost some 6 million the year earlier.

That's the past yo! Get over it!!!

Never mind that Astro earned less some 6.7 million compared to previous quarter.

Well then, it certainly doesn't matter that the earnings were down 24% compared to previous quarter!

Most important is now.

Astro is making money!

Ya man! Astro's current half fiscal year earnings totals 62 million!

Ya man!

That's an eps of 3.22 sen.

Ok, ok, ok.. I know that earnings per share and pe multiples just do not apply for Astro. It never had. And I should stop repeating myself. LOL!

So half year, Astro earned some 62 million. Full year, how much do you reckon Astro can make?

I wonder?

Oh, I did wrote on OSK comments on Astro. Featured Report: OSK On Astro All Asia Again!

Let's see their estimates.

My their estimates were only 265.5 million!

And half year, Astro only did some 62 million.

Well how?

Hmm... from my flawed conclusion, either Astro is performing real poor or OSK estimates numbers are totally out of whack again!

How?

Anyway, on the Edge Financial Daily: Astro posts RM27.8m net profit in 2Q

• "Group EBITDA decreased marginally to RM175 million year on year, primarily due to higher content costs which was partially offset by higher TV subscription revenue and the careful management of other operating costs across the Group.

Huh? People still use EBITDA??????

Does this means depreciation of assets is a totally meaningless?

And what about TAX???

Who pays????

On Star Business: Astro to invest RM100mil more in high definition TV

HD TV eh? For many subscribers, their necks are already giraffe like waiting for this said HD TV which had been promised by Astro long ago.

Yeah, our Astro is still being broadcasted using ancient analogue devices! Makes me wonder why folks are buying them new and modern flat screen plasma and lcd TVs when the signal received from Astro is in analogue.