What OSK Said About Astro's Earnings

Posted this morning Astro Is Making Money!

I was so curious what OSK will say in their report.

Target price lowered from 3.92 to 3.65. Lowered by 27 sen!

Hmmm... their last 2 recommendations.

• 20th July 2009. Trading Buy maintained. TP upgraded to 4.20.
  31st July 2009. Trading Buy maintained. TP downgraded to 3.92

It's now Sept 11th 2009. The target price is only 3.65. Which means from 20th July 2009, Astro target price has went from 4.20 to 3.92 to 3.65.

And the recommendation (despite it's a downgrade) is called NEUTRAL?!

The second passage. "Softer but broadly in line"???

Errr... errr.... Astro's half year earnings is how much? How much is OSK's estimate? 255 million! And they call this broadly in line?????

WOW!

Yeah.. they still expect Astro to make 255 million this year! oO

And just for the record again...

1. 16 Dec 2008. Trading Buy Maintained 2.90.
2. 4th Feb 2009. Downgrade to Neutral. TP downgraded to 2.20.
3. 17th Feb 2009. Neutral maintained. 2.20.
4. 4th March 2009. Neutral maintained. 2.20.
5. 18th March 2009. Neutral maintained. TP downgraded to 2.00.
6. 17th April 2009. Trading Buy upgrade. TP upgraded to 2.92.
7. 21st May 2009. Trading Buy maintained. 2.92.
8. 1st June 2009. Trading Buy maintained TP upgraded to 3.50.
9. 15th June 2009, Trading Buy maintained 3.20-3.50.
10. 20th July 2009. Trading Buy maintained. TP upgraded to 4.20.
11. 31st July 2009. Trading Buy maintained. TP revised to 3.92.
12. 11th Sep 2009. Downgraded to Neutral. TP revised to 3.65.