Nothing to worry Media next month 2nd quarter result will improve significantly compares to 1st quarter result. Revenues from digital and TV advertising plus home shopping will increase double digits percentage compares to 1st quarter due to 3 months MCO and CMCO

This year financial results definitely much better than last year after massive savings in operating expenses and increasing revenues contribution from digital media and home shopping.

Media price will adjust to its intrinsic value for the upcoming few quarterly results as its upcoming quarterly revenues from digital media and home shopping very exciting

Media still not making profit coz loss in TV,radio and newspaper segments.Business turnaround almost complete with retrenchment of 25-30% staffs and increasing revenues from digital media,home shopping and out of home billboards.

Overall this year result will be better than last year and retrenchment 300 staffs costs termination benefits of RM20-30million in this financial year result

https://www.google.com/amp/s/www.bharian.com.my/node/696382/amp

Media Prima new business turnaround plan post-2019 under SM already showing improvement financial results in 1st quarter and much better results for 2nd quarter in terms of operations expenses and increasing revenues from home shopping and digital media

WB buying into newspaper publishing companies.Media Prima revenues from newspaper publishing is 20% whereas revenues from TV(30%),Home Shopping(25%),Out of Home billboards(15%) and digital media(10%).Earnings growth tis year will be spearheaded by home shopping and digital media

Media Prima last dividend declared in April 2017.Buying into Media Prima is for medium to long term investment not recommended for short term trading.Financial year 2020 is definitely much better than last year record loss of RM177million

Petronas 1st quarter result drops 68% to RM4.5billion (average Brent price USD50).Plans to cut capex 21% and opex 12% tis year. 2nd quarter result is a loss quarter (average Brent price USD30)

Media Prima advertising revenues will be coming from digital media division during CMO and prolong CMCO period.Exponential growth of CJ Wow Shop coming quarter RM75-85million

Majority listed companies experience sharp profit drops bcoz of Covid-19 but Media Prima able to reduce loss by 30% is a good turnaround business plan.Next quarter Apr-Jun majority listed companies will experience very high profit drops and losses due to MCO and CMCO but Media Prima 2nd quarter result will be better than 1st quarter result

Share price movement is out of our control due to investors emotions when buying or selling.Jan-Mar quarter home shopping CJ Wow Shop achieved all time highest revenue RM64million so coming Apr-Jun quarter will achieve another milestone revenue at least RM75million due to MCO,CMCO and Hari Raya shopping sales

Next quarter result April-Jun operating expenses will reduce RM15-20million.Advertising revenue in TV channels and digital media should be higher than 1st quarter due to MCO and CMCO.

Improving quarterly results 1st quarter 2020 loss after tax :-RM29.9million in comparison to 4th quarter 2019 (-RM106.3million) and 1st quarter 2019 (-RM42.8million)

Media Prima operating expenses and loss will reduce further in 2nd quarter result bcoz the retrenchment exercise around 1000 employees only started on March 12 this year. Digital media,content creation and home shopping revenue increase 16% in comparison to 1st quarter 2019

Odyssey transformation plan after 4 years finally will increase revenue contribution from digital media and home content shopping CJ Wow Shop around 50% of total Media Prima revenue tis year. This is a game changing fundamental value of Media Prima in comparison to last few years financial losses

Media Prima massive cost rationalization exercise will reduce operating expenses starting 1st quarter result and continue to reduce further in 2nd quarter result. As a result there will be significant improvement of financial result this year in comparison to last year. Just buy and hold as value investors

Avoid buying property stocks because next quarter result will be very bad. Sales galleries and sales marketing at shopping malls already stopped since MCO started 18th March.

Fund managers will start to add Media Prima in their equities portfolios after 1st quarter result shows significant business improvement in comparison to last year financial result.

If any company wants to extend announcement 1st quarter financial result until 30 June,the company needs to apply first for approval from Bursa Malaysia Securities Berhad

No more dividend declare this year to save cash for high debt finance cost RM55million quarterly (RM220million yearly). EPF keeps disposing SP Setia as its cash balance keeps decreasing

SP Setia 1st quarter profit drops 62%.Next quarter profit will worsen and drop at least 80%.Property stocks is very badly impacted by MCO and economic recession

Media Prima stock is like weighing machine medium to long term.Turnaround plans especially staffs cost rationalization exercise are progressing very well hence increasing cash flow and net cash balance

Media Prima is on its way to scale new heights supported by massive cost rationalization exercise end of last year and increasing market share in home content shopping CJ Wow Shop

Media Prima is an undervalue company especially during this Covid-19 pandemic whereby its home content shopping CJ Wow Shop will generate all time high income/revenue for Media Prima.Just for sharing my humble observation

Everyone has his/her own preference whether to become an investor or trader.Be patience and diligence with our investment philosophy

Media Prima share price will increase in tandem with its business turnaround beginning 1st quarter result end of this month.Short term price movement is not indicative of its improving financial result

This year financial result will be lot better than last year due to high cost savings from hundreds of staffs retrenchment and layoffs end of last year and significant income from home shopping CJ Wow Shop

Until 31st December 2019 Media Prima cash balance is RM257million(23sen/share) and borrowings is RM4million only.Every quarter cash balance keeps increasing so take note when 1st quarter 2020 result release end of this month

Dicky last year CJ Wow Shop revenue is RM232million and this year revenue is estimated around RM260-300million (RM65-75million every quarter)

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.

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.

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

CJ Wow Shop vs Astro Go Shop