4 sen dividend declared.

Budget 2023 earlier not GE in 2022?

Why LTAT don't buy back? Not cheap yet?

Profit up YOY and QOQ. Min 2 sen dividend in 2023?

EPF selling?

Another 6 month extension?

Anwar PM10 only can help cheated Peneroka Felda and minority shareholders who bought FGV IPO priced RM 4.55?

Why Media Prima so important? Who/which company product can show our PM face to rakyat?

Why 90 sen TP needed? Before BN lost GE14, Media Prima never drop below 80 sen if someone read the last Stock Performance Guide published by Dynaquest Sdn. Bhd.

90 sen to RM 1 Media Prima by GE15 I can support govn.

KYY is right.

Hengyuan’s profit growth is doubtful
https://koonyewyin.com/2022/05/07/hengyuans-profit-growth-is-doubtful/

Media Prima 1Q net profit grows 14.9% to RM6.03m on lower depreciation and amortization expenses, higher other operating income

KUALA LUMPUR (May 30): Media Prima Bhd’s net profit in the first quarter ended March 31, 2022 (1QFY22) grew by 14.9% to RM6.03 million compared to RM5.25 million, supported by lower depreciation and amortization expenses together with higher other operating income.

As a result, earnings per share rose to 0.54 sen from 0.47 sen.

In a Bursa Malaysia filing on Monday (May 30), the group said its quarterly revenue declined by 2.77% to RM247.47 million from RM254.53 million, driven by Omnia’s integrated advertising strategy which led to a 14% year-on-year increase in advertising revenue.

On a quarterly basis, the group’s net profit, however, fell by 79.17% from RM28.94 million recorded in the immediate preceding quarter (4QFY21) while revenue decreased by 21.66% from RM315.9 million in 4QFY21.

Moving forward, the group said ratings, listenership and reach across all its platforms are still strong, which give the group confidence that this will be a key catalyst for the growth of its advertising revenue in the remaining quarters of the year.

“We are cautiously confident that our other platforms including Out-of-Home and Media Prima Audio will see recovery in the coming quarters this year.

“The positioning of Omnia as an advertising solutions provider that offers creative services and integrated marketing solutions across all of the group’s media platforms will continue to facilitate the growth.

“On the non-advertising revenue front, the group is looking to move forward with the next phase of growth for WOWSHOP,” it said in its filing to Bursa.

The group added that it foresees to benefit from the increase in demand for more local content from existing and new streaming service providers.

“The group will focus on sustaining the performance by accelerating revenue-generating efforts for its advertising, digital and commerce businesses whilst continuously monitoring its cost management initiatives.

“The group will continue to look out for more strategic collaborations to grow further, while elevating its competitive advantage,” it explained.

In a separate statement, Media Prima group chairman Datuk Seri Syed Hussian Aljunid said: “We are pleased with our results for 1QFY22. This was backed by stronger advertising revenue contributions across all our business segments which illustrates that we have established a strong sales strategy and team under Omnia.

"The group believes that Omnia is poised to benefit from the reopening of the economy which has prompted advertisers to spend more. We are also heartened by the performance of our broadcasting and digital segments which have contributed significantly to the group’s overall revenue.”

Media Prima group managing director Rafiq Razali said: “We marched into 2022 on a positive note, recording a profitable quarter following our strong performance in FY21, despite the period under review being a traditionally challenging period of the financial year. This illustrates that the group remains resilient and agile despite the fast-changing media landscape. Nonetheless, the challenges and competition will evolve and we must continue to adapt and reform to ensure Media Prima always delivers the best to our advertisers, and to the 98% of Malaysian households we cater to."

Shares in Media Prima closed one sen or 1.83% lower to 54 sen on Monday, giving it a market capitalisation of RM588.03 million.

Joyce Goh
https://www.theedgemarkets.com/article/media-prima-1q-net-profit-grows...

Profit >RM 500K.

CPO >RM 6000/tn Subur will make more profit in Q2 22 for sure.

yewyin33 I agree with you. Many i3 members are making senseless comments.

Koon Yew Yin last posts in i3 is in Subur Tiasa as above. Meaning he still own Subur not yet sell.

Stock: [SUBUR]: SUBUR TIASA HOLDINGS BHD

May 2, 2022 5:23 PM | Report Abuse

2021 annual report shows Dr Neoh Soon Kean of Dynaquest is one of the 30 largest shareholders of Subur Tiasa. Those who do not know Dynaquest can Google to find out. I feel so sorry to know that there so many ignorant people making so many senseless comments. Koon Yew Yin
https://klse.i3investor.com/servlets/cube/post/yewyin33.jsp

DY 7.55% while net cash 29 sen, so easily can pay 20 sen dividend FY 2022.

Net cash improve to 5.4 sen(from 17 sen warrant conversion) from 4 sen last quarter is my observation. Only 2 of us left to talk?

KYY buy again? 1.5-1.6 gogogo.

Why nominee account shareholders don't get? What discount code you mean? Discount in supermarket?

Brutus

@Foker, they will email the discount code in a few days time.

1 week ago

Why nominee account shareholders don't get?

Brutus

@Foker, they will email the discount code in a few days time.

1 week ago

How you know is RM80 voucher? If use nominee acct like myself why cannot get?

Foker

Where is my rm80 voucher

1 week ago

Monkeypox why nobody talk here?

Supermax QR out. Careplus even loss just like Harta so Kossan QR consider the best among gloves. Hopefully next QR can maintain or worse is over?

If you don't like what Dick does why you repeat like him in Subur?

brianklc

UPDATES, Dicks’s dick have been clipped… now he is flying without a dick…

Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 13/07/2022. Please refer to the Terms and Conditions of Use and Community Standards of this portal.

3 days ago

brianklc why talk FGV here? So far FGV does not report derivative loss as you wish haha.

LTAT got buy? Not they disposed more likely?

More land sales meaning future less revenue from oil palm?

2 days nobody reply you no funny? Johnzhang says your Bplant still owe banks more than Subur why got money to pay dividend? Take on more debts?

Why Jaya Tiasa market capitalisation 847 mil(no of sharesXshare price)> 2.91X Subur Tiasa market cap debt level almost same? When market cap lower sure revenue also lower make sense?

QR out no comment? Compare to sister Subur Tiasa how?

QR out, EPS 0.77 sen really good?

Icon-W(up 1 sen) why goreng not Icon? A sign Icon goreng will come later?

Can i3 members help each other? What is Subur telephone(corporate office) no can you answer?

Subur also got share buyback right? Why not activate it?

Even avg down is right what is right price? Is 1.3 lowest? Can it drop to 1.2 or lower? Our bullets also limited.

This is not easy but not impossible. Selling a big piece of land fetch >RM 100-200 million like TSH easier.

Yes like Ijm plantation takeover by KLK. Takeover price at least 50% more than current price.

brianklc

Take over? Thts possible.

SOP or TaAnn also good candidate to sell.

Sell Subur to KLK like Ijm Plantation why not? Price-RM 2.5-3?

Sarawak Plantation Berhad - Expecting a Strong Catch-up
Date:
2022-05-23
Firm:
PUBLIC BANK
Stock:
SWKPLNT
Price Target:
3.59
Price Call:
BUY
Last Price:
2.75
Upside/Downside:
+0.84 (30.55%)
Sarawak Plantation saw its 1QFY22 core earnings doubling to RM26.1m, bolstered by stronger CPO prices despite weaker FFB production. Despite the strong results, it made up only 18% of our full-year expectation but in line with market expectation at 27%. The weaker-than-expected results were mainly attributed to a shortfall in FFB production. Nevertheless, we make no changes to our numbers as we expect to see a strong catch-up in the subsequent quarters, led by a strong pick-up in FFB production and higher CPO prices. A first interim dividend of 5sen was declared for the quarter. Maintain our Outperform call with an unchanged TP of RM3.59 based on 13x FY23 EPS.

1QFY22 revenue (QoQ: -24.5%, YoY: +26.4%). Lifted by stronger CPO prices, the Group’s plantation sales rose 26.4% YoY to RM184m. During the quarter, FFB production slipped 10% YoY to 62,061mt. Meanwhile, 1QFY22 average realised CPO price rallied from RM3,819/mt to RM5,938/mt, while average realized palm kernel price advanced from RM2,375/mt to RM4,375/mt. First quarter FFB yield slipped from 3.31mt/ha to 3.12mt/ha while oil extraction rate rose from 19.38% to 19.93%.
1QFY22 core earnings jumped to RM26m (QoQ: -41%, YoY: +123%). Excluding the change in fair value of biological assets amounting to RM17.6m, the Group’s core earnings surged 123% YoY to RM26.1m, bolstered by stronger plantation margin. 1QFY22 all-in CPO production cost averaged at RM3,200/mt vs 1QFY21’s RM2,200/mt, dragged by lower CPO production, higher fertilizer cost and higher amortization coming from the enhancement area starting this year.
Outlook guidance. Although 1QFY22 production came in below expectations, management maintains its FFB production growth of 10%. The weaker-than-expected production level was due to i), favourable weather condition, ii) worker shortage and iii) bio-stress in oil palm trees. On the positive side, production has been picking up since March. Harvesting period has been around 1.8 rounds per month or once in every 14 days. During the quarter, enhancement area totaled 1,028ha with only 57ha normalizing. 100ha were replanted and it is planning to replant about 1,500ha in FY22. New mature is expected to increase by 1,500ha with total harvestable area standing at 20k ha. Meanwhile, management expects to see an increase in production cost as fertilizer cost has jumped more than 70% YoY. There was no forward sales for CPO as there is a wide gap between the spot and available forward prices in the market. On the foreign worker shortage issue, the Group is currently experiencing harvester shortage of up to 150 people and it is in the process of submitting application for recruitments from Indonesia. It is worth noting that the hiring is subject to quota by reference to estate hectarage. Meanwhile, fertiliser application was behind schedule as it only completed 50% of the 1Q programme. Lastly, our sensitivity analysis suggests that a RM100/mt increase in CPO price would translate into an additional PBT of RM8m.
Source: PublicInvest Research - 23 May 2022

2018 GLC stocks not good BN lost GE14 so they learn to be better coming GE15?

No wonder stock picks competition lose money haha.

1.67 DickyMe don't buy why waste time here?

FGV HL Bank top CPO picks why nobody talk? TP RM 2.43 still has 40% upside.

PETRONAS Energy new name?

Who hold for dividend gain more.

PM is Ismail Sabri not Najib why PETRONAS CEO must listen ie takeover?