Asian Pay TV Tr   

Asian Pay Tv Tr

Interesting. If the mother shares moves above $0.13, the rights will yield multiple times return.
And this company is definitley worth mor than this. NAV $0.65
I am buying the rights for trading :)

 

Hihi thanks for replying to my query and really appreciate it. Am thinking if I cut loss and sell away all my 200000 shares I will completely lose all my money yah? So best way is just to hold on to my shares and just collect the dividends in the meantime and hoping the price will rise? Don't mind I ask why you have so much conviction to buy 1 million shares include the fact that its bought at low price? For me well I admit am greedy for the over 10 % dividends and already know the danger but too late to go anything.

 

The current management is now doing all the right things, unlike previous owner.
Hopefully this will lead to better balance sheets.
More cash balance, less borrowing. Capex is from cash flow, not from borrowing.
If so, price should gradually move up.
However, it' s difficult to predict whether will it go up to 30 c or more.
At least not near term. IMO.
P.s. I hold more than a million shares.

 

I holding about 48k shares at 0.45. I can only blame myself chasing the high yield stock like EHT and first reit. next time will invest more on local REITs. Well the low shares price is mainly due to the huge right issue they just did at $ 0.127 to pay off the debt which cause to price to depress at the current level. So far no strategic partner had been found yet after a year when the review started. From huge dividend cut to strategic review and right issued and the threat imposed to their business model (cable TV) had cause the price to depress at current level. well if they wisely use the right issue to paid the debt and stop it from rising further and keep the business from stagnating. This stock may potentially rise in the future which I keeping half of my holdings as the lose is too big for me to cut. I guess o could have break even 10 years factoring the dividend payout assume no cut

Brianfoo      ( Date: 01-Jun-2020 13:13) Posted: Hihi all hope all doing well. Just a question may I know will asia pay TV trust ever go up to at least 30 cents and above in near future? I bought high at average ard 50 cents at 200000 shares and sold it at less than 20 cents after the drastic fall. Really lost a lot of money and heart very pain. After some time now, I still thinking to get back the 20000 shares at current price now of ard 12 cents. Is there any more hope for this counter please? Understand the management is doing proactive steps to reduce debts but how come share price is still so low at the moment? Hope any kind souls can advise please? Thanks in advance.

 

Any kind souls can advise please?

 

Hihi all hope all doing well. Just a question may I know will asia pay TV trust ever go up to at least 30 cents and above in near future? I bought high at average ard 50 cents at 200000 shares and sold it at less than 20 cents after the drastic fall. Really lost a lot of money and heart very pain. After some time now, I still thinking to get back the 20000 shares at current price now of ard 12 cents. Is there any more hope for this counter please? Understand the management is doing proactive steps to reduce debts but how come share price is still so low at the moment? Hope any kind souls can advise please? Thanks in advance.

 

In 2020 Q1, APTT:

- Generated $48.4M cashflow from operation after tax.
- Paid $12.4M in interest.
- Repaid $4.5M in debt.
- Distributed $4.3M in unitholders.
- Used $8.3M in CAPEX.
- Net added $17.7M to cash position.

Its DPU is sustainable and stable.  There should not be that kind of drastic downside of share price like prior year/s.

EBITA, NAV, Dilution:

- Latest quarter EBITDA is $48M and Last 12 months EBITDA of $174M.
- Latest quarter' s NAV value is $0.79 & Rights issue price of $0.128 is more than 80% discount from its NAV.  
- If we, the unit holders, do not acquire the rights share, our APTT holdings will be diluted.  Also, whoever else that buys the rights units will be purchasing it at a huge discount to NAV.

 

Patience.....Wait for their circular.
U will get in a couple of days when they announce the dispatch of circular.
In it will be very clear instruction. 
If u dun want, can sell your rights too.....but very likely will be at very low price or no buyer at all.

Cobragold      ( Date: 27-May-2020 09:17) Posted: Hi, APT has announced a rights issue, however i did not receive any info from the company. How do i buy the rights, can i do it through  a ATM.

 

Shares has gone Ex-Rights today. 1 for 4 held at $0.127. Very limited downside as it is trading below the right issue price of $0.128
No adjustment at all.
Major shareholders have undertaken to mop up all excesses. 
For the rights issue to be successful, the share has to be above $0.128. Little resistance for a upmove from here.

It' s a definite buy for me. First mover advantage  :)

 

Hi,
APT has announced a rights issue, however i did not receive any info from the company. How do i buy the rights, can i do it through  a ATM.
 

 

Hi Brian,

are u investor or swing trader ?

not sure, but if long term u can stay on this stock since it pays divident.
but there is certainly a lot more exciting stocks for u to enter at this point.

" quote" drastic drop on fateful thursday " unquote"

due to XD bro , it' s normal.

can diversify your portfolio if u are looking at long term rather than putting your eyes into one basket.

 

 

Hihi any positive about this trust please? Am thinking to increase my holdings thanks

 

I think this article is informative

http://investmoolah.blogspot.com/2020/05/asian-pay-television-trust.html?m=1

Brianfoo      ( Date: 07-May-2020 22:09) Posted: Hihi anyone can kindly help and give your kind comments please? Really appreciate it!

 

Hihi anyone can kindly help and give your kind comments please? Really appreciate it!

 

Hihi hope all doing well during this circuit breaker. Just asking the folks here am holding 200000 shares of aptt bought at high and hold it till the drastic drop on the fateful Thursday. Almost all my hard earned money gone just like that and I don't even have time to cut loss. All I want to know after all the actions that the management done like reducing debt and etc, most importantly will the share price go up to ard 50 cents and if can go up, will take about how long? Am really still very sad and hope the kind experts here can kindly let me know via here please? Really appreciate it and thanks.

 

the current dividend rate is up to end of this FY.
Who is to say they won' t increase that in 2021/22?
In which case, the current price is attractive, provided you have the holding power and the balls to make a bet.

 

Thanks for your wise comment.
Agreed with you.
Hope something good come out of this right issue.

LionInvestments      ( Date: 29-Apr-2020 13:38) Posted: I don' t think you understand the current environment where many companies have trouble refinancing their loans, especially the highly leveraged ones... even the ones with relatively stable cash flows... APPT is still highly leveraged despite last years' dividend cut (they needed more cash for capex to avoid debt would increase even more). So the rights issue they do now to strengthen the balance sheet in this tight credit market makes a lot of sense. We can only be lucky that Taiwan wasn' t too hard hit by Covid19, otherwise they would have to do a much bigger rights issue to reduce debt even more and they would have eliminated the dividend alltogether. Forget about the strategic review for now: first the company has to get a more solid balance sheet and cash flows have to prove to be sustainable. Only after that it makes sense to try to sell it or bring in a new shareholder for a better price. For now nobody will pay a reasonable price for it, so it is better they give us unitholders the right to buy in relatively cheap... lawrence83      ( Date: 29-Apr-2020 11:08) Posted: yes. it is very sad indeed. After more than a year, there is still no news from the strategic review . Yet they cut the dividend so drastically. I wonder where is all the cash gone when they already cut the dividend

 

I don' t think you understand the current environment where many companies have trouble refinancing their loans, especially the highly leveraged ones... even the ones with relatively stable cash flows...

APPT is still highly leveraged despite last years' dividend cut (they needed more cash for capex to avoid debt would increase even more).

So the rights issue they do now to strengthen the balance sheet in this tight credit market makes a lot of sense. We can only be lucky that Taiwan wasn' t too hard hit by Covid19, otherwise they would have to do a much bigger rights issue to reduce debt even more and they would have eliminated the dividend alltogether.

Forget about the strategic review for now: first the company has to get a more solid balance sheet and cash flows have to prove to be sustainable. Only after that it makes sense to try to sell it or bring in a new shareholder for a better price. For now nobody will pay a reasonable price for it, so it is better they give us unitholders the right to buy in relatively cheap...

lawrence83      ( Date: 29-Apr-2020 11:08) Posted: yes. it is very sad indeed. After more than a year, there is still no news from the strategic review . Yet they cut the dividend so drastically. I wonder where is all the cash gone when they already cut the dividend pkli899      ( Date: 29-Apr-2020 10:29) Posted: By and large, APTT is very very disappointing. From 90 over cents (IPO) to current price. From slightly over 10 c dividend to eventually 1 c dividend. Blood sucker! Seriously, I think management owe us an explanation.

 

yes. it is very sad indeed. After more than a year, there is still no news from the strategic review . Yet they cut the dividend so drastically. I wonder where is all the cash gone when they already cut the dividend

pkli899      ( Date: 29-Apr-2020 10:29) Posted: By and large, APTT is very very disappointing. From 90 over cents (IPO) to current price. From slightly over 10 c dividend to eventually 1 c dividend. Blood sucker! Seriously, I think management owe us an explanation.

 

By and large, APTT is very very disappointing.
From 90 over cents (IPO) to current price.
From slightly over 10 c dividend to eventually 1 c dividend.
Blood sucker!
Seriously, I think management owe us an explanation.