Four listed companies, namely Utusan Melayu (M) Bhd, Ancom Bhd, Media Prima Bhd and Seni Jaya Corp Bhd, have been awarded 10-year advertising concession packages on the mass rapid transit (MRT) Sungai Buloh-Kajang Line (SBK Line), also known as MRT1.
In a statement, Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said it had selected the successful concessionaires which will manage advertising on the MRT line.
MRT Corp said the 10-year concessions for both Package A for station advertising and Package C for train advertising had been awarded to Titanium Compass Sdn Bhd, while the concession for Package B for exterior advertising had been awarded to Big Tree-Seni Jaya Consortium.
Titanium Compass is a joint-venture (JV) comprising four companies: Ancom's indirect wholly-owned Puncak Berlian Sdn Bhd, Thai-listed VGI Global Media Public Co Ltd, Ikatan Asli Sdn Bhd and Utusan Melayu's wholly-owned Utusan Airtime Sdn Bhd.
Meanwhile, Big Tree-Seni Jaya Consortium comprises Media Prima's wholly-owned Big Tree Outdoor Sdn Bhd (BTO) and Seni Jaya Corp's wholly-owned Seni Jaya Sdn Bhd.
kalau tengok graph, memang kebiasaan boleh jatuh menjunam bila-bila masa untuk media prima..sebab ini adalan media masa/hiburan sektor. asalkan asas fundamental kukuh, dapat dividen 7%~8% setiap tahun..boleh dikira bagus stok...aku masuk 1.410 pun tak bimbang....boleh tambah modal kalau jatuh 1.20...
going to bottom very soon...the floor is invisible because nobody knew unless you are superman...but to enable small fish to top up and join the party in media prima.... let it go rock and roll, bro !!!....waiting for next announcement for the dividend in dec, 2016
agree with @malaysiaku...with future new earning from MRT contract...I think Media should able to maintain minimum 7% div...but the only risk now is new entry price..
previously, used to enter @1.28 and exit @1.3x...now need to change strategy..
1.20 is a good buy. Wait for that. Then 1.10, also wait for that. But I think it will bounce back any time as fund managers can just sapu all low price shares.
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Posted by Beza > 2016-09-29 08:35 | Report Abuse
http://www.theedgemarkets.com/my/article/sime-darby-sp-setia-sapurakencana-drb-hicom-vs-industry-yinson-utusan-ancom-media-prima-seni