EPF sold all the 11% shareholding at 11sen-15sen on April 2020. Who is the buyer to absorb all the share? I bought some at 13-15sen. I believe those fund manager will buy back the share after media go back RM1/RM2
The business units that shined in FY20 were mainly Media Prima’s digital and home shopping businesses.
The group’s digital media arm, REV Media Group recorded a FY20 net profit of RM10.8 million versus RM1.7 million a year ago.
Meanwhile, Media Prima’s home shopping unit recorded its first profit since its inception in 2016, posting FY20 net profit of RM10.2 million from a net loss of RM10.6 million a year earlier. Home shopping registered a 33% increase in revenue to RM308.9 million for FY20 from RM232.2 million a year earlier.
Bought so low still keep? Unlike Miz Raya Bloom already sold(bought higher?).
LuckyStorm EPF sold all the 11% shareholding at 11sen-15sen on April 2020. Who is the buyer to absorb all the share? I bought some at 13-15sen. I believe those fund manager will buy back the share after media go back RM1/RM2 25/02/2021 6:45 PM
Already priced in and have to consolidate the gain now . Have to achieve even better results next few quarters for the share price to continue its uptrend.
Msian IB TP is meaningless. They're slowly collecting. Do your own DD and form your own valuation target. Scooped up from between RM 0.14-RM 0.2 and holding long.
Media turnaround 2nd quarter in a row reinforces the confidence that will be able to stay profitable from now on, after the 2 years of restructuring. They have diverse revenue streams in all segments from online, mobile, tv, radio, outdoor and have an undisputed competitive advantage as long as management team is proper. Recent changes and announcements point to this direction and it wont be surprisingly if big funds start buying in again.
If you consider this. Cash of 300m, debt of about 100m meaning cash per share is about 20 cents and taking Q4 2020 as baseline, FY2021 earnings are conservatively EPS of 6-7 cents. This is a good bet
When was the last time you read an analyst report and follow it and make money
So many investors are taking profit. If you want to earn big, why don’t hold for long term? Everyday 3000-5000lots volume buy up. Just follow the up trend.
No wonder down. Shareholders like my ID cannot promote like AirAsia everyday many promoters? AA even big loss and latest QR not yet released everyday so many different promoters promoting why not Media?
It has been going up almost everyday except for a few particular days and -5 cents during HKEX issue. Buyers decided to hold back buying last Friday so thats why volume is so ridiculously low ( RM3m-4m shares only vs average of 10m a day ) and price didnt really drop that much telling us that there are very little sellers left at the current prices.
Not many tickets left and when big volume comes this will easily rocket up. I would say this is a real recovery stock. Restructuring complete, low debt, written off non performing subsidiaries and with the right platform to go back to old times when this was a dividend play.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BornToSpeculate
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Posted by BornToSpeculate > 2021-02-25 18:35 | Report Abuse
300m plus in cash and debt is only 1/3 on balance sheet. Real turnaround company