MEDIA PRIMA BHD

KLSE (MYR): MEDIA (4502)

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Last Price

0.445

Today's Change

-0.025 (5.32%)

Day's Change

0.445 - 0.445

Trading Volume

13,100


4 people like this.

6,870 comment(s). Last comment by 5354_ 1 week ago

Gannina

70 posts

Posted by Gannina > 2021-09-29 22:12 |

Post removed.Why?

Undi_PH

145 posts

Posted by Undi_PH > 2021-10-22 05:28 | Report Abuse

69 or 61 sen TP can trust IB? PH as government in GE15 better hope?

118118

17 posts

Posted by 118118 > 2021-10-28 16:37 | Report Abuse

Budget 2022 tomorrow can up? Ismail Sabri or Tengku Zafrul not TV can show?

Undi_PKR

936 posts

Posted by Undi_PKR > 2021-11-17 10:02 | Report Abuse

Gaming license(eg in Kedah) can ban why not IB license? Wait PKR/PH as govn?

Undi_PKR

936 posts

Posted by Undi_PKR > 2021-11-17 10:38 | Report Abuse

Blaming others(Research analysts, etc) is easy how about Media BOD? Why share drop they don't know? Not their shortcomings

BN_better

991 posts

Posted by BN_better > 2021-11-22 09:41 | Report Abuse

BN PRN Melaka big win because of TV3 coverage?

BN_better

991 posts

Posted by BN_better > 2021-11-22 09:42 | Report Abuse

Johari Abdul Ghani is UMNO proxy?

BN_menang

2,982 posts

Posted by BN_menang > 2021-11-22 09:43 | Report Abuse

BN menang PRN Melaka M'sia boleh maju?

BN_menang

2,982 posts

Posted by BN_menang > 2021-11-22 10:31 | Report Abuse

RM 1 or even RM 3 ada harapan?

BN_menang

2,982 posts

Posted by BN_menang > 2021-11-22 11:05 | Report Abuse

UMNO share why nobody in i3 talk? Johari Abdul Ghani is proxy?

Posted by wallstreetrookie > 2021-11-23 15:08 | Report Abuse

Average up.

Posted by wallstreetrookie > 2021-11-23 15:09 | Report Abuse

8-months of accumulation phase. Time to go north

Posted by wallstreetrookie > 2021-11-23 15:09 | Report Abuse

Company is in a good position with its media assets.

DickyMe

14,344 posts

Posted by DickyMe > 2021-11-29 08:48 |

Post removed.Why?

Exnstp

171 posts

Posted by Exnstp > 2021-12-02 11:19 | Report Abuse

Chairman top up another 500k shares

amateurJR

2,366 posts

Posted by amateurJR > 2021-12-02 14:06 | Report Abuse

when nobody realize this, i will buy

Undi_PH

145 posts

Posted by Undi_PH > 2021-12-09 10:48 | Report Abuse

100 days Media down, govn is a failure.

dragon328

1,898 posts

Posted by dragon328 > 2021-12-09 11:17 | Report Abuse

Media Prima at RM0.45 is too cheap to be ignored. Its latest quarterly results show that its operating cash flows before working capital changes and capex topped RM150 million for the first 9 months of 2021. With minimal capex going forward, its free cash flows may exceed RM170 million or 15 sen per share every year, adding to its nett cash position of RM263 million as of 30 Sept 2021.

By Dec 2022, Media at RM0.45 will be almost fully backed by nett cash of RM490 million with free cash flows of RM170 million every year. Real cash cow!!

amateurJR

2,366 posts

Posted by amateurJR > 2021-12-17 14:50 | Report Abuse

drop more until weekly rsi oversold

beyond2288

1,791 posts

Posted by beyond2288 > 2021-12-22 17:46 | Report Abuse

when can go back to 0:20 below?

Undi_PKR

936 posts

Posted by Undi_PKR > 2021-12-24 09:39 | Report Abuse

20 sen why? You dream PKR as govn?

Undi_PKR

936 posts

Posted by Undi_PKR > 2021-12-24 09:39 | Report Abuse

2.00 even possible if govn change? Banjir useless, Covid-19 useless no wonder BN lost GE14?

Undi_PKR

936 posts

Posted by Undi_PKR > 2021-12-24 09:41 | Report Abuse

Money matters tomorrow will Tun M agree to be PM again? Let Anwar be Finance Minister like in 90's.

Posted by MaluNegaraKu > 2021-12-26 21:30 | Report Abuse

GLC is hopeless. DOn’t waste time and money on this kind of counter . Bursa is full of scam counter , itself already biggest con counter.

Stay away GLC like pos, media, mbsb , etc . When other counter part make money, they lost money . Weird but is facts

Undi_PKR

936 posts

Posted by Undi_PKR > 2021-12-27 12:15 | Report Abuse

Why have GLCs'? Govn cannot provide all jobs.

Undi_PKR

936 posts

Posted by Undi_PKR > 2021-12-27 12:15 | Report Abuse

Best is let new parties eg PKR takeover as govn.

Undi_PKR

936 posts

Posted by Undi_PKR > 2021-12-27 12:17 | Report Abuse

BN already >60 years rule the country any good they have done?

lyl62

6 posts

Posted by lyl62 > 2021-12-28 10:42 | Report Abuse

Counter broker selling : 66 HLG Sec

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2022-02-07 09:08 | Report Abuse

My dream my wish is Anwar PM10. Why? 3 PMs' tried since GE14 Media cannot reach RM 1. Only Anwar PM10 Media RM 1 possible?

8888_

2,919 posts

Posted by 8888_ > 2022-02-07 11:31 | Report Abuse

88 sen Media Prima in Year of Tiger possible?

Posted by why_no_dividend > 2022-02-09 09:23 | Report Abuse

CI Holding another Johari Abdul Ghani(no 2 Media major shareholders) counter can pay 12 sen dividend how about Media Prima; BOD has answer or must be replaced?

amateurJR

2,366 posts

Posted by amateurJR > 2022-02-23 13:19 | Report Abuse

steady pun bibi

snwong13

717 posts

Posted by snwong13 > 2022-02-23 13:33 | Report Abuse

.
Beautiful financial results and Dividend.
Good Luck to those who still holding!

Posted by Lulu Ong > 2022-02-23 13:50 | Report Abuse

my average price still 0.516...

Posted by wallstreetrookie > 2022-02-23 13:58 | Report Abuse

Media Prima Berhad has not paid dividends to its shareholders for a long time. Until this quarter

Posted by wallstreetrookie > 2022-02-23 13:58 | Report Abuse

Nearly 4 years

Posted by I_like_dividend > 2022-02-23 14:01 | Report Abuse

5 years actually.

Posted by wallstreetrookie > 2022-02-23 14:13 | Report Abuse

Oh, here it comes.

Posted by wallstreetrookie > 2022-02-23 14:14 | Report Abuse

KUALA LUMPUR (Feb 23): Media Prima Bhd posted a 279% jump in net profit for the fourth quarter ended Dec 31, 2021 (4QFY21) to RM28.94 million from RM7.63 million in the immediate preceding quarter on higher revenue and lower operating costs. The integrated media company returned to the black in FY21 on the back of its improved performance.

The Edge

Posted by wallstreetrookie > 2022-02-23 14:19 | Report Abuse

@DickyMe better stop shorting Media Prima. Cover your shorts

observatory

1,018 posts

Posted by observatory > 2022-02-23 14:28 | Report Abuse

@dragon328, notice it starts paying dividend again. But it's only 1.5sen or less than RM17m as compared with the full year operating cash flow of RM200+ million? Not sure its capex need.

Exnstp

171 posts

Posted by Exnstp > 2022-02-23 15:58 | Report Abuse

Excellent results! In your face @DickyMe

dragon328

1,898 posts

Posted by dragon328 > 2022-02-23 17:54 | Report Abuse

@Observatory, ya the dividend is unexpected. I thought Media still had a large amount of negative reserves and could not declare dividend, but I was wrong.

The latest quarterly result just blows off expectation. Net profit jumped up 2.8x from Sept qtr to RM29m. It could have been higher if not for an impairment item of RM18m.

Full year free cash flows amounted to RM138m or 12.5 sen per share. Capex is minima at RM8m excluding the one-off payment of RM118m to buy back its corporate office building in Bangsar.

If there is no restriction on dividend distribution due to negative reserves, then Media would be able to declare 100% of earnings as dividend or 5.0 sen per share or RM55m, leaving it with balance cash flows of RM75m p.a.adding to its already-strong nett cash balance of RM188m.

8888_

2,919 posts

Posted by 8888_ > 2022-02-24 09:40 | Report Abuse

Going forward more dividend likely?

observatory

1,018 posts

Posted by observatory > 2022-02-24 10:59 | Report Abuse

@dragon328, thank you for the explanation.

observatory

1,018 posts

Posted by observatory > 2022-02-24 11:21 | Report Abuse

BTW after Syed Mokhtar and Johari, any idea who controls the third largest stake under Morgan Stanley?

https://www.theedgemarkets.com/article/frankly-speaking-trimming-media-prima-stake-loss

What are the potential risks you will watch out for given the shareholding structure?

8888_

2,919 posts

Posted by 8888_ > 2022-02-24 14:00 | Report Abuse

Buy back Bangsar property need $ so less dividend is acceptable.

8888_

2,919 posts

Posted by 8888_ > 2022-02-24 14:02 | Report Abuse

AmInvest TP RM 0.86.

Exnstp

171 posts

Posted by Exnstp > 2022-02-24 14:39 | Report Abuse

By purchasing back the Bangsar office, all operations will move there. They will save potential about 12m every year from the Sri Pentas rental.

Exnstp

171 posts

Posted by Exnstp > 2022-02-24 14:40 | Report Abuse

@observatory: Rumors has it 3rd largest stakeholder under MS is Tun Daim. Can't verify this

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