Just Buy...Cheap Sale @ 0.65 yesterday due to knee jerk reactions. Buy when there is blood on the street especially on counters that are way below NTA since well supported by Assets & dividends. Absolute bonus if privatization/sale initiated as happened to Lafarge (RM1.90 to RM3.80).
Still don't dare to release actual paid subscriber numbers. And how much investment has been poured into. Roughly about RM30mil at the start, with an estimated allocation of about RM100mil in the long run. But then, it could have easily overshot the budget.
Si botak, the man planted by MCA to spearhead digital and the brain behind Dimsum has since moved on. Talk lots of cock but no essence. Star is in deep shit mainly thanks to him.
i am quite shock , how still have sane people invest in media counter
media is sunset biz and now any place also can see movie, drama now advertisment income also reduce as it is no more concentrate in tv channel or radio station
To date I invested in 33 companies in KLSE. Without having media in my portfolios will be incomplete.. All these companies give me a pulse how our economy is doing.
BTW without media how do you explain changing a 62 years old government..
@ Mabel You will be duly rewarded. I have a portfolio of 30 Blue Chip shares too. Even a continuous loss-making business for years/quarters like Lafarge can be taken over and share price doubled immediately after the Announcement. I was happily accumulating Lafarge at prices < 2 but have since sold at 3.80. The same for Astro at < 1.1 but exited at > 1.5 too. Switching to Star now after it dipped below 0.70 but selling volume still minimal & need to be patient with the accumulation process without spiking up the price. Also, other good fundamental Blue Chips (MAHB/MBMR/Sime/Inari/SuperMax/Gamuda/Sunway/Hengyuan/IHH/CIMB/Maybank/ABMB/Digital etc.) whenever they hit /nearing their Lows. Diversified Blue Chip portfolio coupled with low entry level/exiting at appropriate level is the best way forward in this current volatile and unstable equity markets. Foreign Funds will always exit and re-enter in droves based on sentiments... Market has NO memory.
@ Vulture123 @ Mabel You will be duly rewarded. I have a portfolio of 30 Blue Chip shares too. Even a continuous loss-making business for years/quarters like Lafarge can be taken over and share price doubled immediately after the Announcement. I was happily accumulating Lafarge at prices < 2 but have since sold at 3.80. The same for Astro at < 1.1 but exited at > 1.5 too. Switching to Star now after it dipped below 0.70 but selling volume still minimal & need to be patient with the accumulation process without spiking up the price. Also, other good fundamental Blue Chips (MAHB/MBMR/Sime/Inari/SuperMax/Gamuda/Sunway/Hengyuan/IHH/CIMB/Maybank/ABMB/Digital etc.) whenever they hit /nearing their Lows. Diversified Blue Chip portfolio coupled with low entry level/exiting at appropriate level is the best way forward in this current volatile and unstable equity markets. Foreign Funds will always exit and re-enter in droves based on sentiments... Market has NO memory.
Indeed Vulture123, Spot on!. Well Done!
Time really fly when you are having fun. I re-enter KLSE in early June just after GE14 when KLCI index was at 1721 points. Today on May 18, the FBM KLCI close to 1,605. So, my engagemen with KLSE is coming to 12 months. During this period the KLCI is down about 7 %. However, the total margins for all the 33 Companies under Mabel Inc (covering all sectors that are affecting people’s life’s) is 14% despite under current very bearish market condition. Hence, it’s a good indicator that I’m doing the right thing by outperforming the KLCI benchmark index.
Yes, I have Lafarge too. Very tempted to sell. However, will wait until ECRL completes. I think it can go higher..
@ chamlo,
I copy you. Yes I agree, in addition PH also need to be more strategic about stimulating the economic environment rather than focusing on the past. The BN blaming games has to stop.
Unfortunately, status quo was not an option prior to GE14. I didn’t feel very comfortable on the situation at that time..that time that’s why I sell off all my portfolios before GE14.
Let's give PH the time to recover our economy. If they cannot perform, we just change them and bring back BN. It's as simple as that. We choose what we want to do..
Hey! Today, R-Table will be covering $STAR(6084.MY) - Star Media Group Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.
undeniable media do have its roles, even in current environment
but STAR MEDIA, need to faster venture more into digital media and capture the medium of media that people go the most now
they should not stay dependent on Star hardcopy news paper and 988 radio station anymore (mention about that 988 radio station, I not understand why 988 don't retain some of the good DJs and let the talent flow to its competitors. Now will almost all is newbie in 988, the radio station quality is becoming worse)
will not it be too headache to control and monitor? to track the news and share price of these 33 companies?
and your investment capital is quite huge i guess... 23/07/2019 8:51 AM
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RainT,
That was 3 months ago..
Now I have 46 companies in KLSE and Nasdaq
The distributions are as follows:
Mabel Automobiles 2 Mabel Plantations 4 Mabel Media 3 Mabel Telco 4 Mabel Steels 3 Mabel Energy 9 Mabel Real Estates (KLSE Top 7 REITS) 7 Mabel Technology 5 Mabel Airlines 2 Mabel Construction 3 Mabel Properties 4
Not really. You can use some application to tracks. Some of these investments are mid terms while some are long terms. Some I just buy and parked e.g. the REITS and the Plantation counters. I only monitor once every quarters since it's very stable. Likewise with this media counter. I only monitor those volatile counters like Energy and Technology counters.
KUALA LUMPUR (Aug 28): Better cost management controls have worked out well for Star Media Group Bhd whose net profit managed to grow 17.2% to RM1.66 million in its second quarter ended June 30, 2019 (2QFY19), from RM1.41 million in the year-ago quarter.
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....
4444
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Posted by 4444 > 2019-04-09 01:52 | Report Abuse
Penang CM refutes report on green light for PIL1 and LRT projects
https://www.malaysiakini.com/news/471388