company starting to control capex and admin expenses since yr2014. Bank borrowing more on MYR rather than USD, currency loss not much affect cash flow. just revenue to be prior concern here. GST on marketing / advertising may have impact but not severe.
The management need to run ahead than other media company. Electronic newspapers or e-media should be promote since most of us have smart phone and TV at home.
Sales at these states will sure impacted due to flood issue. Lost of sales due to road transport been cut or it incurred higher cost to deliver paper to these area. Not to mention if people will rather spend money on food rather newspaper.
Most foreign media has involve in electronic broadcasting, such as TV text broadcasting. It's convenient and the management must know everyone now have TV at home. Maybe just need to install a receiver for them or some TV have NEW TEXT function.
Printing paper???? It's funny if you said the stock price decrease because USD stronger against MYR, indirectly increase the costing!!! HaHaHa what the funny things I heard!!! They forget now we all can online elsewhere, even BBC have hourly send the latest headline to our email. THEY SHOULD KNOW WHAT IS ELECTRONIC / INTERNET BROADCASTING.
We wish the price of this counter can be stable within +/-10%, and dividend will pay every year. The dividend should more than bank interest. That's what we said "INVESTMENT". Not jump higher then slump lower.
Is it true nobody buy newspaper as online paper can be available for free. Personally I find reading hardcopy is better than online for stock quote as example.
If you go to coffee shop, people still read newspaper. Even older people prefer reading hardcopy than online. If I buy hardcopy I can know a stock lowest or highest price for 1 year whereas internet only show 1 day stock price.
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....
Hustle
3,615 posts
Posted by Hustle > 2014-10-21 11:00 | Report Abuse
Switching core business? What happen to media business?
http://www.logon.com.my/