cheoky

a like to u

2017-01-17 00:39

John Lu

LOL...so call flying chicken analysis with stock pick 2017 3.9% dare to give tips?? I wonder how many dare to follow this holland king...Calvin tell lie in his life thats why he bad karma

2017-01-17 00:40

John Lu

I no need read this article ald known is another holland call...kakakakikikikiki

2017-01-17 00:41

cheoky

dear john not all holland call la. bargain in the eye of beholder.

2017-01-17 00:53

stockmanmy

if you don't marry the mother for the daughter
you don't buy Media for its properties.

2017-01-17 00:57

limch

Media Prima is election stock as well as good for dividend.

2017-01-17 03:43

Hiu Chee Keong

i will consider buy at below 0.90

2017-01-17 08:29

calvintaneng

Good morning,

Warren Buffet owned Washington Post for 40 years. And he also bought into a TV station. So he believes in media

Media Prima also own the 2 leading Malay Newspapers

1) METRO
2) BERITA HARIAN

There are no visible competition here from Star.

So there is a moat.

2017-01-17 08:46

Jay

for the sake of any readers who really think about investing in media prima

1. Media Prima don't have much land, just old buildings. you should do a comparison with nearby properties on gross floor area basis and get the revaluation surplus. but media has more than 1b shares, if revaluation adds say 100m, that only adds 10c to NTA
2. NST is certainly not innovative, and what Dr Neoh did was 2005, long long time ago seeing how much media landscape has changed since then
3.even normal investors take out these huge abnormal items, not to mention analysts, the fact is even at core net profit level it's making losses
4/5 these has been around forever, the problem is people are advertising less on traditional media if possible and the ad rates are falling.
6 they are net cash but nothing to shout about, only around 10% of market cap, plenty of companies have higher cashpile
7/9 this is true that they pay good dividends, but seems like it's falling in line with their poor earnings. better look at expected dividend instead of expecting it to remain
8 possible but speculative
10 lowest is 0.5c, there's no reason why it can't fall to 80c, 50c or below if it continues to underperform. it can always create a new low

overall a stock with poor fundamentals with no near term turnaround catalyst. only angle is possible speculation on election play or slightly higher dividend yield (while it lasts)

2017-01-17 08:48

calvintaneng

If revaluation adds Rm100 mil that adds only 10 cts?

Then what is the ACTUAL TRUE VALUE IF ALL 51 PIECES OF LANDS AND BUILDINGS ARE FULLY REVALUED?

Rm500 Million?

Rm1 Billion?

Rm2 Billion?

Why no Research Houses do a Valuation Study?

These properties ranging from few hundred sg ft to over 10 acres each are located in very prime areas as NST has a long history just like POS assets.

Here in lies the HIDDEN VALUE OF MEDIA PRIMA

2017-01-17 09:04

Edwardong53

Calvin, understand that with the current e-marketing, their printing revenue is falling just like NST, STAR, etc.

2017-01-17 09:50

meathere

The problem with Media Prima's so called 'hidden value' as mentioned is likely to remain 'hidden'. What concentrate evidence ALREADY IN PROGRESS status to unlock AND MONETIZE the so called hidden value and translate to quarter result's revenue/profit? Those so called 'probable' revenue streams and so called potentials if really matters, should already spark interests with investors yet it just slide side ways.

2017-01-17 10:13

calvintaneng

CORPORATE
FROM THE EDGE
Edge Weekly
Media Prima mulls unlocking land value
By Joyce Goh / The Edge Malaysia | November 30, 2016 : 5:00 PM MYT
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Translated by Google Translator:
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This article first appeared in The Edge Malaysia Weekly, on November 21-27, 2016.


MEDIA Prima Bhd is looking at unlocking the value of its land parcels in Ajil, Terengganu and Senai, Johor, and one option it is considering is selling the tracts, industry sources say.

In an email response to The Edge, Media Prima says it “is evaluating all available options and will decide what is best for the group in due course” for the land in Ajil and Senai.

“Media Prima had undertaken a key restructuring exercise to optimise its print manufacturing operations. The restructuring involves closure of its manufacturing plants in Ajil and Senai. This strategic action allows Media Prima to unlock potential cost-savings while the group continues to invest in digital expansion activities and new business initiatives in line with the current shift in consumers’ preference for digital content,” the media group notes.

“While changing consumer preference has impacted the sales of physical newspapers, the growing demand for online content has resulted in a significant increase in readership of NSTP’s electronic versions of the New Straits Times, Berita Harian and Harian ­Metro. Therefore, the restructuring exercise will enable the group to fully utilise the capacity of its manufacturing facilities based on current newspaper circulation demands,” it adds.

The land in Ajil and Senai are worth quite a handsome sum.

According to Media Prima’s FY2015 annual report, it has two pieces of leasehold land measuring 174,240 and 183,709 sq ft in Senai with a net book value of RM3.89 million and RM17.57 million respectively. A 610,404 sq ft piece of leasehold land in Ajil, Terengganu, has a net book value of RM24.075 million.

2017-01-17 16:14

calvintaneng

The pieces of land in Ajil and Senai are the top three and four most valuable properties, according to Media Prima’s annual report.

The two parcels that have the highest values are a 655,000 sq ft freehold tract in Bukit Jelutong industrial park, Selangor, that houses its regional printing plant, with a net book value of RM96.18 million, and the 70,586 sq ft freehold parcel in Jalan Liku, Kuala Lumpur, that houses Media Prima’s head office, with a net book value of RM49.1 million.

Media Prima also has land parcels nationwide including Penang, Sabah and Kelantan. It also owns a residential house and an apartment in London, UK.

It is unclear when Media Prima last revalued the land parcels and properties it owns.

The Edge wrote in June 2015 that a number of media players are sitting on an unexpected source of income in their balance sheets — lucrative parcels of land that if unlocked, would result in capital gain and recurring income. These players include Media Prima which has seen the net book value of its leasehold land, freehold land and buildings grow 18.56% to RM281.973 million as at Dec 31, 2015, compared with RM237.83 million a year ago.

The landscape for media players has become grimmer over the years. As consumption for news shifts to the digital realm, the demand for printed newspapers has declined and the challenge of monetising news online remains huge.

As such, media groups are actively diversifying in search of new sources of income.

According to the Audit Bureau of Circulations in Malaysia, the total printed copies of paid newspapers have been going downward. From July to December 2015, the total circulation for paid newspapers dropped to 2.82 million from 3.197 million a year earlier. Media Prima’s publications — New Straits Times, Berita Harian and Harian Metro — were all affected by this downtrend.

The three publications have a rich history. The roots of its English newspaper — News Straits Times — can be traced back to the Straits Times that started business in Singapore in 1845. It is the oldest newspaper in town.

Berita Harian hit the streets in 1957, the same year the country achieved its independence, while Harian Metro came into the scene in the 1980s.

Media Prima has been diversifying or growing its non-print income base.

For example, its non-print segments such as its out-of-home advertising business — Big Tree Sdn Bhd — and its radio businesses are the only two segments that saw y-o-y profit growth for the six months ended June 30.

The radio business saw its gross revenue grow 14% year on year to RM39.4 million and its net profit expand 57% to RM11.3 million for the first half ended June 30. The business contributes 27% to Media Prima’s earnings. For FY2010, it contributed 9%.

Meanwhile, profit generated from the out-of-home advertising business expanded 7% y-o-y to RM14.4 million as at June 30, contributing 35% to the group’s earnings, compared with barely 13% in FY2010.

For FY2015, Media Prima received RM30 million of net dividends, including dividend receivables, from Big Tree — 50% higher than the RM20 million in FY2014. The company started expanding its out-of- home advertising business in 2010 when it acquired Kurnia Outdoor Sdn Bhd.

In September, Mass Rapid Transit Corporation Bhd awarded Big Tree, which had entered into a consortium with Seni Jaya Group, an advertising package for the MRT Sungai Buloh-Kajang Line. The package is for 10 years. The contract in which Big Tree has a 60% stake is estimated to generate up to RM300 million in revenue throughout the period.

AmResearch in a Sept 30 report notes that it does not expect the consortium to have material impact on Media Prima’s group earnings, as it estimates it will merely contribute RM18 million in FY2017F revenue (1% of FY2017F group revenue) and RM4 million in FY2017F net profit (3% of FY2017F group net profit) based on its three-year historical average net margin of 23%.

“Nevertheless, we are positive as we view this as being part of Media Prima’s continuing initiative to diversify earnings into higher margin businesses amid headwinds in its print and TV segments,” it adds.

Maybank Research investment bank in a Nov 16 report says while the outlook for the print advertisement expenditure remains hazy, it will not be surprised if Media Prima takes steps to improve profitability.

“For instance, when FY14 print Ebitda fell below RM100 million, it resorted to a mutual separation scheme that cost RM79.8 million but cut RM38 million per annum in staff expenses. The bulk of the savings appeared to be from print and this returned FY2015 print Ebitda above RM100 million,” it notes.

For FY2015, Media Prima’s net profit rose 81% y-o-y to RM138.7 million, bolstered by cost rationalisation measures it undertook that year. It managed to stem the drop in its earnings that it saw in FY2014, when net profit fell 65% y-o-y to RM76.6 million.

At its close of RM1.23 last Friday, the stock was trading at an indicati

2017-01-17 16:15

calvintaneng

Maybank Research investment bank in a Nov 16 report says while the outlook for the print advertisement expenditure remains hazy, it will not be surprised if Media Prima takes steps to improve profitability.

“For instance, when FY14 print Ebitda fell below RM100 million, it resorted to a mutual separation scheme that cost RM79.8 million but cut RM38 million per annum in staff expenses. The bulk of the savings appeared to be from print and this returned FY2015 print Ebitda above RM100 million,” it notes.

For FY2015, Media Prima’s net profit rose 81% y-o-y to RM138.7 million, bolstered by cost rationalisation measures it undertook that year. It managed to stem the drop in its earnings that it saw in FY2014, when net profit fell 65% y-o-y to RM76.6 million.

At its close of RM1.23 last Friday, the stock was trading at an indicative 12-month yield of 8.54%.

2017-01-17 16:17

calvintaneng

WHOA!

After this write up Media Prima dropped 1 cent to close at Rm1.07 today.

Hmmm?

No syndicate push this share? Nobody interested in Media Prima?

Never mind.

Calvin is certain on Media's propect.

And that is enough for me.

Hip hip hooray!!

2017-01-17 19:29

moneykj

Bad luck for Media share holder.

2017-01-17 20:25

calvintaneng

Bad luck?

Calvin also recommended

1) Kimlun (Rm1.38) The Golden Dragon when it was bad luck. Today kimlun is Rm2.12 (up 53%)

2) Also Jaks at 40 cts & Prestar at 46 cts. Both hit by bad luck but later gave Calvin 100% to 200% profit.

So tomorrow hopefully Media remains cheap for Calvin and Johor buddies to buy more. One day Media will also turn into Good Luck like kimlun, jaks & prestar!

2017-01-17 20:33

John Lu

calvin holland call after 3 years!
Posted by anbz2 at Jan 18, 2017 11:26 PM | Report Abuse
Posted by calvintaneng > Oct 21, 2013 05:50 PM | Report Abuse
Never mind anbz - PM Corp will move up all the WAY!

First Target to cross 30 cents, next target 50 cents, next 80 cents, after that RM1.00.

And then RM1.50 Is The Target Price!

Over A Long Term - The Target Price will be RM10.00



Posted by calvintaneng > Oct 21, 2013 07:24 PM | Report Abuse
anbz that RM10.00 will be yet future. Set your sight on these possible targets first:

30 cents (anytime now)

next 50 cents

then 80 cents

after that RM1.00

And the Summit of Expectation is RM1.50 For PM Corp which is Very Possible.

2017-01-18 23:43

calvintaneng

Where got buy Perisai at Rm1.00? Koonbee is lying. Calvin bought Perisai at 46 cts and cut loss around 40 cts.

Koonbee bought Melewar all the way down from 60 cts to cut loss at 35 cts.

See how many Calvin's call are chun chun with 100% to 200% Profits:

Calvin stock picks are not for goreng but for investing longer term.

Calvin invests like this

If Calvin sees a share is undervalue Calvin will start buying. And if prices dip after buying Calvin will average down & buy more.

But to do this Calvin has to study very carefully the TRUE VALUE of a Stock. If the Stock is good, even though it might not perform for months, eventually the price will rise up because of its fundamental intrinsic value later.

See how Calvin made these chun chun calls over 3 years in i3 forum:

GO CHECK THESE OUT CAREFULLY:

1) Super Enterprize made 200%
2) Pohuat made 200% (All furniture stocks bull run Calvin called to buy)
3) Silk made 200%
4) JAKS (Jaks jump, jump, JUMPED from 40 cts to Rm1.20 (UP A NICE 200%)
5) MyEG made 100%
6) AJIYA made 100%
7) Supermax made 100%
8) JERASIA made 100%
9) IPMUDA made more than 100% & LIMIT UP!
10) Pm CORP made 100% (3 Times in 3 years)
11) PRESTAR (Pre Star buy it before it turns into a Star) Made 70%
12) ASB (Up 50%)
13) KHEESAN Made 80%
14) PADINI made 90%
15) TAWIN (Big win) Up 80%
16) Kimlun - The Golden Dragon made 60%
17) THE STORE (Up 25%)
18) NTPM - (King of Tissue) Up 40%
19) WANGZNG - King of Fortress (Up 40%)
20) MAHSING - The Singing Horse (Up 25%)
21) MAYBULK - The rebound of Baltic Dry Index (Up 90%)
22) CEPATWAWASAN - Cepat cepat beli (Up 40%)
23) NYLEX - Up 20%
24) Southern Steel (Up 30%)
25) KULIM (Taken private) Up 60%
26) TMakmur (Land of Prosperity. Taken private) Up 37%
27) KPSCB (Kaboom Power Surging) Up 45%
28) MASTEEL (Master of Long Steel) Made 60%
29) THPLANT (Up 15%)
30) BPLANT (Up 12%)
31) JTIASA (Giant Treasure) (Up 40%)
32) MHC PLANT (Up 15%)
33) CPO FUTURE (Up 15%)
34) INSAS (Up 11%)
35) WASEONG (Up 20%)
36) MFCB (My Father Comes Back) Made 40%
37) Cyclical 11MP Election stocks KKB (Kaboom Kaboom Booming) Up 35%
38) Cyclical 11MP Election stocks CMSB (Up15%)
39) RceCapital (The Best of Banking: Legalised Ah Long) Made 60%

LATEST ANNOUNCEMENTS:

THE STORE GOING TO BE TAKEN PRIVATE FOR 50% PROFIT OR MORE THAN 18% FOR EACH YEAR OF 3 YEARS!!

AND PRESTAR WILL BE ANOTHER 100% JACKPOT SOON!!

SO 4 STOCKS MADE 200% (Super Enterprize, Jaks, Silk & Pohuat)

6 STOCKS MADE 100% (Ipmuda, Supermax, Ajiya, Jerasia, Pm Corp & My EG)

4 STOCKS TAKEN PRIVATE FROM 37% to 200% GAIN
KULIM, TMAKMUR, THE STORE & SUPER ENTERPRIZE!

2017-01-19 00:26

calvintaneng

See

Calvin called for a buy on Pm Corp at 15 cts on September 2013 with a promise of Cash pay out.

As promised Pm Corp Gave 8 cts Cash Payout

So today's closing price of 16.5 cts + 8 cts cash pay out = 24.5 cts

minus original cost of 15 and divided by 3 year Pm Corp still give a decent yield of 63% or 21% per year for the last 3 years!

This even beats Warren Buffet at 20% now.

2017-01-19 00:27

John Lu

See? Who is the holland? Solid proof here

Posted by calvintaneng > Oct 21, 2013 05:50 PM | Report Abuse
Never mind anbz - PM Corp will move up all the WAY!

First Target to cross 30 cents, next target 50 cents, next 80 cents, after that RM1.00.

And then RM1.50 Is The Target Price!

Over A Long Term - The Target Price will be RM10.00



Posted by calvintaneng > Oct 21, 2013 07:24 PM | Report Abuse
anbz that RM10.00 will be yet future. Set your sight on these possible targets first:

30 cents (anytime now)

next 50 cents

then 80 cents

after that RM1.00

And the Summit of Expectation is RM1.50 For PM Corp which is Very Possible.

44 comment(s). Last comment by anbz2 at Jan 19, 2017 12:26 AM

2017-01-19 00:28

calvintaneng

Post removed.Why?

2017-01-19 00:45

anbz2

calvin clown so excited,boiling with anger,seething with rage,shamed after truth,full of hatred,driven by revenge,have trouble sleeping later.

2017-01-19 00:53

calvintaneng

Post removed.Why?

2017-01-19 00:55