Latest target price for Media Prima:
HLIB - Target BUY : RM0.61
RHB - Target BUY : RM0.64
Kenanga - Outperform : RM0.69
Affin Hwang - Target Buy : RM0.67
CGSCIMB - Target Buy : RM0.88

Average target is RM0.70
Media Prima is undervalue now.

Latest target price for MP - 27 August 2021
HLIB - Target BUY : RM0.61
RHB - Target BUY : RM0.64
Kenanga - Outperform : RM0.69

Why Media Prima?
Excellent Quarterly Results and we can expect more stronger QR.
3rd QR will be boost with good revenue + property disposable gain.
Top share holders are from UMNO and our PM is from UMNO. UMNO will use Media Prima for marketing and election purposes. Another super gain in 4th QR.
Expecting RM1.00 by this year end.

https://www.theedgemarkets.com/article/media-primas-repurchase-bangsar-hq-signals-confidence-financial-position-earningsneutral-—

https://www.theedgemarkets.com/article/media-prima-repurchases-bangsar-headquarters-pnb-rm1564m

Media Prima repurchases Bangsar headquarters from PNB for RM156.4m In CASH!

As per CIMB report, April 2021 also they achieved the sales.
May was Hari Raya and the sales should be achieved too.
We are expecting promising results in 2nd QR.
Let’s wait and see.

Media Prima Bhd $MEDIA / 4502 (MEDIA PRIMA BERHAD)
Research by CGS CIMB - 17 June 2021
ADD (no change): Price Target: RM0.88

"A conundrum with one of the shareholders"

Mitsubishi UFJ Financial Group Inc's aggressive selling of Media Prima shares has sent the stock down by 40% from its YTD high of 75 sen.

We estimate Mitsubishi UFJ's average cost of investment is 77.6 sen. It sold the shares at around 60 sen levels.

We continue to like the stock due to its earnings recovery angle and attractive valuations; Media Prima's Apr 2021 advertising sales jumped 103.1% yoy.

Selling pressure with huge volume in queue then will disappear suddenly. Do your own analysis how manipulator pressuring in selling in order to collect cheaper. Manipulator playing the game well.

Why you need to sale cheap? Just hold for few months because 3QR they hv achieved profit and all the banker give very high rating and TP.

Don’t fall for this trap by manipulator.
Morgan Stanley won’t sale cheap and stop dispose 2 weeks ago. Morgan Stanley bought MP share at average cost of 70 cents.

This is super good stock and so much undervalue.

This manipulator they are the one sale and they are the one buy, in between retailer letting go cheap because panic!

1) MP is strong in earning for last 3 QR, however someone is pressing down the share price to collect more cheaper.

2) All the TP given to MP is 0.70 to 0.88 cents.
Pls read the report from CIMB / Am bank / Hong Leong / Kenanga.

3) Disney Hotstar (Current) and Warner Media-HBO (Future) will add more revenue to MP through content given by Primeworks Studios / Primework Distibution.


4) All the political parties will use MP for their election campaign:
- TV3, 8TV, ntv7, TV9, Tonton
- HOT FM, Fly FM, One FM, and Kool FM
- Harian Metro, Berita Harian, and News Straits Times
- Malaysia's leading digital group (REV)
- Billboard BIG TREE, Kurnia Outdoor, UPD, The Right Channel, Gotcha, Seni Jaya

5) MP is leading in digital platform:
Rev Media / Says / 8Coin / Audience Plus / IGN Southeast Asia /Juice online / Mashable Southeast Asia / Kongsi Resipi / My Game On / MyResipi / Oh Bulan! / Sirap Limau / Vocket (Malay) / Rojaklah / Tantan News / Viral Cham / TechNave / Tonton Xtra / Media Prima Labs

6) MP also doing online business under Wow Shop / involve in rice manufacturing / Publication / and others.

The future for MP is brighter.
The current situation is full of manipulation.

March 2021:
https://www.theedgemarkets.com/article/special-report-privatisation-mode-undervalued-stocks

Similarly, the cheap valuations of stocks in the media industry could lead to privatisation exercises, with Star Media Group Bhd, Media Prima Bhd and Media Chinese International Ltd being the likely candidates.

https://www.google.com/amp/s/www.bharian.com.my/amp/hiburan/selebriti/2021/05/821895/karya-malaysia-ke-persada-dunia

KUALA LUMPUR: Bagi menzahirkan sokongan terhadap komuniti filem tempatan, Disney+ Hotstar memeterai perjanjian bersama pengedar dan 'aggregator' atau pengagregat kandungan premium Malaysia, Primeworks Studios (PWS).

Mulai 1 Jun ini, peminat tempatan boleh menikmati tontonan lebih 500 jam filem dan drama termasuk tayangan perdana filem 'blockbuster' serta drama hebat.

More income for Media Prima since their in house production is in Disney+ Hotstar.

Research Report 28 May 2021
Media Prima Bhd
MEDIA / 4502 (MEDIA PRIMA BERHAD)
Research by Kenanga
MARKET PERFORM : Target Price : RM 0.69

Research Report 28 May 2021:
Media Prima Bhd
MEDIA / 4502 (MEDIA PRIMA BERHAD)
Research by CGSCIMB
Add (no change) : Target Price : RM 0.88

https://www.google.com/amp/s/www.bharian.com.my/amp/bisnes/korporat/2021/05/821441/media-prima-catat-untung-tiga-suku-tahunan-berturut-turut

Media Prima catat untung tiga suku tahunan berturut-turut

https://www.theedgemarkets.com/article/media-prima-returns-black-1q-rm525-mil-net-profit-higher-revenue-and-lower-operating

Rafiq Razali, Group Executive Director of Media Prima, said: “We began 2021 on a positive foot, recording the Group’s third consecutive profit while narrowing losses across some of our platforms. Revenue from advertising, newspaper printing and distribution, and content sales have improved, thanks to our team who demonstrated creativity, flexibility and resilience during an incredibly challenging period. The cost optimisation initiatives we undertook in 2020 allows us to operate at a more efficient level.”

Profit before tax of RM9,618 million during this pandemic is an excellent result which reflect the media industry growth and upcoming positive qtr results.
For sure media is a save investment as they have many revenue streams.

How good Media Prima?
Read and you will know how strong they are.

https://says.com/my/news/media-prima-omnia-reconnect-2021-advertising-solutions

Here's what RECONNECT 2021 offers:
- Be seen on Malaysia's biggest TV networks such as TV3, 8TV, ntv7, and TV9
- Talk to listeners on radio via HOT FM, Fly FM, One FM, and Kool FM
- Reach out to readers through Harian Metro, Berita Harian, and News Straits Times
- Engage with over 75% of Malaysia's Internet population through Malaysia's leading digital group
- Witness your brand on Malaysia's No. 1 out-of-home advertising platform, BIG TREE

The Star - 19 May 2021:
AmInvestment upgrades media sector to 'overweight'

The research house said the momentum in home shopping and digital channels is expected to continue, with a growing trend towards electronic and mobile commerce platforms.

"Our OVERWEIGHT recommendation is also supported by the cheap valuations of media companies under our coverage is Media Prima (BUY, RM0.80) and Star Media (BUY, RM0.53)," it added.

QR will be announced next week with very positive news.
Coming soon. Get ready!

Name Velesto Naga 7
Owner Velesto Energy
Rig Type Jackup
Sub Type Independent Leg Cantilever
Jackup Type Premium
Max Depth (ft) 375
Max Drill Depth (ft) 30,000
Dimensions (ft) 214.1 x 203.4 x 26.2
Leg Length (ft) 503.12
Competitive Yes
Year Built. 2015
Country of Build China (PRC)

https://www.infield.com/rigs/velesto-naga-7-jackup-61448

SINGAPORE-- Jackup rig construction cost has risen about 30% over the last two years to average $180-$190 million per rig, say Singapore-based rig builders. With demand for new units still strong, prices are expected to exceed $200 million per rig, the yards say.

https://www.offshore-mag.com/rigs-vessels/article/16796332/jackup-building-price-surges-on-strong-demand

Not so soon for limit up.
It will happen once good QR announce.

Just wait for 2 to 3 weeks from now.

Correct Mr Stockraider, for the last 1 month the price was stable at 0.65 cents and just this week the price was push down with intentionally.

The price was push before QR announcement in just 2 to 3 weeks from now.

No reason why Morgan dispose shares in open market and giving selling pressure. As now they are holding 140 million shares. If they want to sale, they should do when the price was high last month or to JAG directly.

JAG bought shares directly with other share holders at the price of 0.63 to 0.68 cents. JAG bought 250 million shares direct and thru open market in last 2 months.

For your info Morgan bought MP shares at the price of 0.60 - 0.88 cents in 2017 and 2019. They are disposing mimimim amount of shares at 0.60 and creating selling pressure.

But panic retailers sale the shares below 0.60 cents. Someone one is accumulating but retailer is letting for cheap.

Just hold.
TP given to MP is 0.75 / 0.80 / 0.88.

Only one word. God bless all.

Buying now is good deal.
After 1st week of May, price will up so fast.

Good news soon.

Morgan keep on selling. No big buying volume to support selling pressure.

Once Qr announce in 3rd week of May, the price will up again.

https://www.lowyat.net/2021/238529/disney-shut-down-tv-channels-sea-fox-astro-unifitv/

Bad news for Astro.
High possible investors will turn to Media Prima.

Hamsterhuat, just do what is the best for you for time being.

Price is pushing down by someone.
Yes 3 weeks is very long.
Only can pray hard.

Hamsterhuat, someone selling and some one is buying.
All is well once Qr announce in 3 weeks from now.
We wait then we decide.

Shopee core business is e-commerce,
Meanwhile Media Prima core business is Media.

Since 2016, Media Prima was venturing in Wowshop and generated RM1 billion sales with 2.6 million customers,

This is totally new income and Media Prima strategically used Media to promote products which is new concept of marketing tools which shopee not able to do.

That’s is the reason Shopee and Lazarda now advertising e-commerce in Media Prima.

Again, Media Prima generating advertisement income through Shopee and Lazarda, as well promote their own platform which is Wowshop.

In a nutshell, this is WOW!

iQIYI is a Baidu-backed streaming platform in China now moving from Astro to Media Prima.

Anyway it won’t impact Astro but will generate more income to Media Prima.

https://www.theedgemarkets.com/article/media-primas-distribution-agreement-iqiyi-wont-impact-astro

CEO of Ripple under Media Prima bought 200k lots yesterday (30th March 2021).

Directors / CEO is keep on buying the shares. Wow.

IlmuKhodam.... great.

https://www.google.com/amp/s/www.bharian.com.my/amp/berita/nasional/2021/03/800473/media-prima-teroka-kerjasama-animasi-digital-unsur-keagamaan

Everyday new collaboration / new strategies for Media Prima.

HamsterHuat.... agreed.

The price will fly after 1st Qr. They are on track.

Everyday sure hv news about Media Prima in news paper... about new plan / new strategy / new partner / new product.

Suddenly today since new TP 0.88, so many buyer came. The actual TP is much more higher. This counter easily will move to RM2 in matter of time.

JAG can buy 222 million shares in a month and still collecting... why? Think and you all will get the answer.

Hamsterhuat..,, absolutely correct. Those read and understand the fundamental of Media Prima will no better.

It’s took them 3 years to coming back strongly in terms of business and financially.

They monopolies Media industry and why not we as a ikan bilis dare and swim together with big institutions.

75% shares are holding by Top Shareholders.
Only remaining 25% in market.....
So no goreng for this counter....

Grab... Hold.....Huat.

CGS CiMB today (24 March 2021) report give 0.88 TP for Media Prima. Pls go and read the report to understand the strength of Media Prima.

This is not goreng counter. This is the real business counter.

It’s not tersangkut. JAG is collecting cheap today.
Large volume in buying queue at 0.595 and start collecting from retailer from 0.60cents onwards. Already few millions shares was collected successfully today.

Retailer again selling cheap in panic situation.

This 2 weeks the share price is dropping because at 4.30 pm onwards, someone will sale and make the share price drop so the next day the price will start much more cheaper. This is what happening this 2 weeks. The price will be stable and start to drop after 4.30pm onwards.

Shark gone after 0.40 cents.
Now fish is swimming alone in a deep sea. Might take years to see the shark again.

No one can stop this kind of operator?
Clearly they are using advance software to do all this manipulation in buying and selling.

Why always retailer became a victim?
What BURSA doing?

https://www.theedgemarkets.com/article/chinas-iqiyi-joins-forces-media-prima-and-celcom-boost-footprint-malaysia?type=malaysia

Another collaboration by Media Prima with China iQiyi and Celcom.

The Edge - 23 March 2021

Former second finance minister Datuk Seri Johari Abdul Ghani has emerged as the second largest shareholder of Media Prima Bhd after acquiring another 54.37 million shares in the group today. Johari has a direct holding of 15.15% or 168.02 million shares in the media and entertainment group. He also has an indirect holding of 4.93% or 54.7 million shares in Media Prima. - The Edge 23 March 2021 -

Something big is going to happen soon. JAC bought 222 million shares within a month. Which is total 20%.

Wow. Why they need to buy so much within short period?
They no something going to happen soon.
Media Prima glorious day is back.

Could be Profit year in 2021 / Privatize? So many possibilities.

If drop just collect. But remember if drop more then many will collect together with JAC. As such JAC won’t let the price drop much.

Their planning is giving pressure to retailer to sale at cheapest price at the range of 0.60 cents plus. Just go and see how they block the price and collect. Price are not moving because it’s was block...

In 2019, Syed Mokhtar (Main shareholders) paid 0.60 cents to buy share from other shareholders. That price was higher then the market price that time which is 0.36 cents.

Last week JAC buy from open market at the price range of 0.62 to 0.68 cents and also bought from other shareholders which we never no the buying price. It could be easily 0.90 to RM1.00.

Until today smart investors are still collecting daily. Only retailer are letting by selling cheap.

Who will be the winner?
Only time will give answer.
God bless all.

Yes buying. We collect together with JAC.

Total shares purchased by JAG capital is 168,346,000 (15.18%)

Out of this 113,650,000 shares was purchased this month (March 2021). Wow!!!

https://www.lowyat.net/2021/235030/media-prima-tonton-cinema-payperview-streaming-service/

They are doing business aggressively!
Kudos to chairman and management of Media Prima.

When he buy, he will shake the price.
This is 3rd time happen this month but when this happen many smart investors grab together with him because the price will drop suddenly.

JAG capital now own 100 million shares.
Why they need to do so?

When he bought KUB shares in 2019, he will keep till now.
When he bought Media Prima shares he will keep for many years because they are main shareholders for the company.

JAG capital now collecting shares from all the retailers for a very cheaper price. They are the winner and not us.

The value of Media Prime shares are easily RM2 to RM3 because Media Prima is the leader of media industry and controlling all aspect of media such as TV / Paper / Radio / Digital. Only Media Prima can achieved this and others are not.

Those holding their shares good luck.
Big rewards awaiting in future.
God bless all.

Some positive notes about Media Prima:
1) CEO is Mr.Micheal Chan and the management team is young and talented. (From Website)
2) Didik TV will add their income this year (contract 1 year and option to renew 3 years)

3) TV channels / Radio Channels / Wow Shop / Big Tree / Digital marketing already flying high with good income. (From last QR)
4) 1/3 staff was retrench with cost saving. (From news paper)

5) JAC capital purchased 70million shares last weeks and holding 12% (from edge)
6) Media Prima (0.66) is nearing to Astro (0.94)

7) First Qr income boost by CNY, Second Qr income boost by Raya and 3rd Qr will be boost by election budget and promotion by political party.
8) TV3 is full of advertisement and super good malay drama. Huge attraction.


2021 will be promising year for MP and we can expecting they will start to give dividend to shareholders soon.

Good luck.

Politic counter. If someone cross to any side then they will benefits with contract and etc.

This is good counter but was push so fast in this two days. Big volume and need to wait a bit longer. Must hv holding power.