We see how this perform in Raya eve...

Understand is there any negative news first....

one thing i noticed, the traders already start sapu on eve, no chance for small cap...so best is day before eve.

Good

CIMB and RHB gave TP, MBB stabilise the price...good teamwork.

wao, what happen to this counter?

all HL HLBANK, HLFG, HLIND counter top 3 loser today, why? any bad news?

est. PE till 03/14:
Media Prima 13
Star 10
Catcha 15
Media Chinese 10

Market Cap:
Media Prima $2.9b
Star $1.9b
Catcha $0.08b
Media Chinese $1.87b

5 year div growth:
Media Prima 14%
Star 1.12%
Catcha na
Media Chinese 72% (wow)

Source: Bloomberg

Yup we will see their finance report very soon this month

Lets see then.

Giving free paper in universities and colleges is pretty normal. Just part of social responsibilities they are fulfilling. We don't expect a company who just know to make profit but not knowing giving back to society, don't we?
The circulation numbers will check later. But if reduce a bit in paper circulation but growing in web user still good.

Besides, no one will do losing business. If really The Star is giving out free one day, i am sure the earning from Advert cover that cost. Just like The Sun paper.

I not heard of paper circulation is reducing, not aware The Star is now free either.
Do you hv any facts?

Common sense shall not charge reader, will earn much more from the advertisement as long as the paper has big readership and can reach all levels in society.
A good example is the soaring earning of FB. FB is free to join but they earn big in mobile advert.
Same thing will happen.
Strong readership is a goose lay golden egg. :)

I think most of their papers already has website in digital format. They already in IT just did not enforce payment. After all this depends on popularity of digital devices like pad that among readers.
For instance Singapore zaobao was in free in website for many years until recently they start charging fees

True? is this same as Indirectly share buy back by AAX?

Yes received dividen. Happy with it. This share is in fact going up now.

According to Nielsen Media research, total newspaper advertising expenditure in peninsular malaysia from april 2011-march 2012 grew by 9% to RM3.89 billion. In HK, grew by 16%, magazines 13%

media advert is another big market. Pls check what is the annual spending on this segment? Besides, newspaper still play an important role and cannot be replaced by digital. Warren Buffett knew this.

Warren Buffett's newspaper company BH Media said Thursday it plans to acquire the Press of Atlantic City, N.J.

http://www.omaha.com/article/20130718/MONEY/130719281

MBB quota is not full yet. There is no report says is full.

by the way, other than MBB, which bank would buy at $1.25?

With or Without PJ Sentral the share is now under trade based on RNAV $1.88

Hopefully in future those investors claiming free flights from dividen will not be cancelled last minute, or found their destination been terminated service, will that be possible? :)

If you read the news from Kenanga:

...MRCB management is of the view that legally, NGSB honoured its agreement by exercising the “Dragalong notice” on 23rd April 2013 whereby PKNS is aware about the exercise when MRCB proposed to takeover the NGSB in 8 February 2013. The drag-along notice had already been agreed by both parties (NGSB and PKNS) when they entered into an agreement in 2010 to develop the land....

...it is now matter of PKNS can really buys backs the NGSB’s 70%-stake in PJ Sentral. MRCB would precede other land deals (i.e. Gapurna Land and Gapurna Builders) with NGSB and defer the PJ Sentral Development until they reach the workable solution with PKNS....

...Even without PJ Sentral, our RNAV will only be reduced to RM1.88 from RM2.08, which is still an OP call at this juncture....

Pity those travelers....last minute flight cancellation sure impact to hotel booking, logistic arrangement, vacation plan...etc
i wonder will the money refunded (assuming is not taking MONTHS to process the refund) able to cover the cost of last minute purchase of another airline ticket? further is long haul flight...
how would a consumer think about a low cost long haul airline? Or will they think is worth to buy a little expensive but 'maybe' more reliable, yet Full Service carrier to fly long distance? Choice is yours.

Good thing is it remained at same price...

MRCB annouced:

PKNS's ("the Plaintiff") application for an injunction was dismissed with costs by the Judge.

The Judge has granted the Plaintiff an Erinford Injunction / Temporary Injunction pending the filing of an application / appeal before the Court of Appeal against Nusa Gapurna Development Sdn Bhd.

i would expect revenue should be good for last quarter. Political parties spent huge sum in advert in GE13.

Up again. This counter is like a slow cooker.

is good time to accumulate.

Fed maintains bond-buying program

The US Federal Reserve left unchanged near-zero interest rates and its massive bond-buying program on Wednesday, citing modest growth in the world's largest economy.

Wrapping up a two-day policy meeting, the Federal Open Market Committee (FOMC) said it would continue to buy $85 billion in bonds per month to help tamp down longer term interest rates that have been supporting the economy, and especially the housing market recovery.

http://www.bangkokpost.com/breakingnews/362437/fed-maintains-bond-buying-program-amid-modest-growth

Fed maintains bond-buying program

The US Federal Reserve left unchanged near-zero interest rates and its massive bond-buying program on Wednesday, citing modest growth in the world's largest economy.

Wrapping up a two-day policy meeting, the Federal Open Market Committee (FOMC) said it would continue to buy $85 billion in bonds per month to help tamp down longer term interest rates that have been supporting the economy, and especially the housing market recovery.

http://www.bangkokpost.com/breakingnews/362437/fed-maintains-bond-buying-program-amid-modest-growth

Well hobson64, i knew lot of ppl feeling stress right now, there is no point for me to add salt to the wound.
Whatever roadshow or invitation, end of the day we are the one to make the decision.

Market weakness is always exist and we shall not panic over stocks that with strong fundamentals, proven sustainable profitibility and strong management team. However i dont see the first two in AAX. There is still a wayout for those trapped...you know what it is.

Pls dont blame the bank. Bank did not force you to buy.

When Oldtown first listed in Bursa, the company paid $3.5 mil as Payment for share issue expenses. Where did this money goes to? To the bank or who? Pls think. Nothing is free for the shake of 'helping'.

it depends whether the business is USD or MYR based.

Thanks Hustle...that is not really benefit to shareholder. Imagine the dividen announced is $100, you given a $100 voucher to purchase AAX ticket. The ticket that you purchased will sure flow back a certain amount of profit back to AAX. So in actual you get less dividen and AAX increased sales indirectly.

AA listed in Bursa in 2004, the first dividen payout only happened in 2011.

How long does it takes for AAX, with much smaller scale and fleet size, to start paying back dividen to investor?

MBB oversleep again...wake up...Harlo! time to stabilise

LoL

Kenanga:

the exercise would dilute FY13 EPS by 4.4%
1). We are neutral-to-negative on this corporate exercise by KPJ.

The reasons are :
(i) The exercise would be EPS dilutive;
(ii) KPJ’s net gearing would still remain the same despite utilising part of the proceeds to pare down debt.

Is still within my expectation those who panic sell will end up panic buy. And those who bought at low price yesterday will sell for quick profit. That was what happen in this morning. A straight line from peak to bottom...many trapped.... there could be more going to cut loss if no dividen payout. After all somebody is going to foot the $70mil bill. If is not shareholder who else? :)

AA founded 1993, fleet size grow to 140 planes over 10 years.
AAX founded 2007, fleet size only 10 planes...only 10 planes growth over 5 years...?

keep dropping...

Solid company...but how come the management breached agreement that they signed themselves? Did KPJ explain what happened? how could they ended up in this situation?

just because there is no oil, that's why need to "add"...palm oil is cheap now...

Palm tumbled to the lowest level in more than three years as global supplies of the world’s most-consumed cooking oil climb the most since 1999 and demand expands at the slowest pace in more than a decade.

Futures slumped as much as 3.2 percent to 2,151 ringgit ($672) a metric ton in intraday trading on the Bursa Malaysia Derivatives in Kuala Lumpur, a level not seen since October 2009, before closing at 2,170 ringgit. Soybean oil, an alternative, fell to the lowest level since 2010.

http://www.bloomberg.com/news/2013-07-25/palm-drops-to-lowest-in-more-than-three-years-on-supplies.html

this counter sound like Sauna...hopefully will not make everyone sweat

MBB today not working? pls come to stabilise the price.

sold...make quick profit.
This counter still have room to move downwards.

Jerry, is a strong rebound. Isn't it?

i guess next week will see the true color of AAX share pricing, after 30 days stabilizing shield expired...the show is not yet start

tomorrow will probably see strong rebound. Those who panic sold at high price, will panically buy back at low price...

the price is much stabilise after the morning quake.