Excellent quarterly results!! This is a cash cow company with half year operational cash flows of RM98 million. It is already in nett cash position, just imagine how much cash this company will have with free cash flows of 15 sen every year!!
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.
We strongly believe that Media Prima presents one of the best turnaround opportunities available on the market. We are bullish on the company's Omnia division despite competition against industry leaders such as Google and other major marketing companies. Also, we are optimistic the company's outlook after the latest shift in the management and the revival of media business.
27-Aug-2021 Price Target Media Prima Bhd - Back In Action Source : KENANGA, Price Call : BUY, Price Target : 0.69 Last Price : 0.53, Upside/Downside : +0.16(30.19%)
This is only the first day of strong rebound. Media is still extremely cheap with nett cash of 18 sen and annual free cash flows of 15 sen. When it starts declaring dividends possibly at Q4 this year, this stock will be over 80 sen.
There is a possibility for Media to declare an interim dividend in next few weeks but it will be more likely so at Q4 announcement. The company needs to complete the buy back of its corporate office building in Bangsar first.
Why must buy back Bangsar property when so many vacant properties available? Why not Johari Abdul Ghani appoint his own BOD like those in CI Hldg? Media Prima cash better use to pay shareholders dividend.
dragon328 There is a possibility for Media to declare an interim dividend in next few weeks but it will be more likely so at Q4 announcement. The company needs to complete the buy back of its corporate office building in Bangsar first. 03/09/2021 12:52 PM
Media prima is not possible to declare dividend until they proposed capital reduction. Accumulated losses around 900m in their balance sheet. Share capital is 1500m, if proposed capital reduction of 70% of share capital will eliminate their accumulated losses and also won’t fall into PN17. Correct me if i am wrong. Thanks
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....
5354_
4,808 posts
Posted by 5354_ > 2021-08-19 04:52 | Report Abuse
I support.
IlmuKhodam Johari Abdul Ghani for FM.
16/08/2021 2:50 PM