Finally got my maiden interim dividend from ASTRO.Although it is quite little, but the 1.5cents dividend per share is out of expectation. Thought it will not give dividend to utilise reserves for further expansion. I expect more growth prospect for its astro beyond and astro on the go packages. It will attract more affluent youngster to subscribe for the package to generate higher Average Rate Per Unit (ARPU).
Stock price gone back to RM3, patience is a virtue in any investment. My buy and hold strategy pay-off.
ASB just announced dividend for 2012. Performance not bad, the growth on return is on upward trend since 2008. Seems like my leveraging on bank loan to invest in ASB is worth the magnified risk. This is a type of good boring investment that lay golden eggs.
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