@Wellington, please beware that ARBB financial account got very serious problem, please check it carefully. I suspect they work with those china company to generate fake revenue, so you can always see company profit, but cash flow keep negative.
This is why its share price cant match with it profit & PE, not undervalue but they manipulate their profit with China company.
and one more .. Who the F is COMPANY Caravan Capital Management LLC? anyway .. who cares?
This Covid19 has changed people lifestyle, less outing unless necessary, more at home working online, and also moving towards a new normal. Safety first, thus entertainment from the traditional box will prevail. Media Prima will be getting more viewers, thus more advertising
Media Prima is the best "stay at home" stock. This company still runs its business as usual with or without Covid19. This virus cannot destroy radio wave transmission.
Media Prima is like a virtual shopping mall without the physical mall. Just go to TV 7,8 and 9, you see Cj Wow Shop selling so many items like hot cakes with very good discount without fear of Covid19. All purchases can be done by hotline 1800180808 or Wow App.
RevAsia was an overpriced asset then but I'm sure it has grown in value ever since. Just realized Media Prima market Cap is RM 172 million. Too cheap already.
Buy, keep and wait. With this lockdown and Covid19, many people stay home and tonton TV3. If you want to go to the Mall to do shopping, then go to TV 7,8 or 9 and buy at great discounted prices in the Wow Shop. Media Prima itself is like a virtual mall without a physical mall.
Many stock sharp U-Turn or V -Shape , except Media still slowly walking down the hill to grave . Good news is useless if the stock don’t move. Day dreaming
SM bought 31 % Media Prima at 60sen for RM207million because he was confident of business turnaround starting 1st quarter result end of this month. Last year financial result lost RM177million but cash balance increased RM47million.Just my personal opinion
SM also bought in utusan, but he don’t have intention to save or make the price up. He just want to prevent other take the local media industry . Where got people paid extra premium from the original market price at 60 cent for a price of 0.40 cent! Just becareful in this political share. Many die with the belief based on this since Morgan and Sm buy in with 70% losses now!
Media Prima business is very different from Utusan (newspaper sales and advertising). For Media Prima turnaround to profit is increasing revenue from digital media and home sales content CJ Wow Shop and reducing operating expenses in New Straits Times due to layoffs of 590 staffs.
After layoffs of 590 New Straits Times staffs Media Prima this financial year is more competitive and lean same as The Star and Media Chinese. CJ Wow Shop revenue tis year will increase due to more people staying at home prefer online shopping.
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....
mfstjy
4 posts
Posted by mfstjy > 2020-04-29 14:02 | Report Abuse
Hahahaha. this is Media not ARBB