Astro's IPO: Get the picture?

It seems Astro's IPO is on. And it seems that the valuation is going to be around RM15.6 billion - plus minus. Assuming this year's net profit is to be about RM600 million, that's a valuation of about 26x. Read this - Astro's IPO is to be a dividend stock as it has mentioned of awarding up to 75% of profits as dividends.

I have written of my concerns on Astro moving forward. To sum it up, let's look at what's in store for Astro to defend on which are not going to be just local. Discard ABN, Media Prima, Hypp TV - check out what's entertainment about, present and future.

You may ask, why Time Dotcom and Maxis. Well, these are the parties which Astro has tied up with. In fact the Maxis tie-up is mutually exclusive as I have read.