Posted by linges > 2017-04-20 12:23 | Report Abuse

KenangA Reserach downgraded Media to Underperform with TP 94c..

Do expect profit taking and downturn..

Posted by linges > 2017-04-20 12:24 | Report Abuse

Media - Tight Pockets
https://klse.i3investor.com/blogs/kenangaresearch/121124.jsp

Posted by Erie > 2017-04-23 18:35 | Report Abuse

If it really drop to .94,it is the best sale ever for Media..i definitely will top up :)

Posted by linges > 2017-04-23 18:42 | Report Abuse

Same to me :D

I unloaded most of Media at 1.19-1.21 last week, mainly to buy Astro-C1...

Will buyback Media at any possible opportunity..

Posted by null > 2017-04-23 20:19 | Report Abuse

stupid media prima...hope your stock market will jump to penny stock because of main nama bapak orang..http://www.sinarharian.com.my/sukan/watson-berang-rancangan-komedi-hina-bapanya-1.664276

Posted by speakup > 2017-04-24 18:49 | Report Abuse

many of us already off-loaded. even those who predict 1.30+ also off-loaded.

Posted by linges > 2017-04-25 12:28 | Report Abuse

@speakup bro...when market sentiment changed...kita pun tukar strategy sikit...we are all here to make money anyway :))

Media is always my favourite...but when i see better opportunity in other counter..i have to off-load other counter since i hv very limited fund and don't play margin/contra..

anyway managed to take some profit during intra-day trade last week..before off-loading most..

Posted by BN_menang > 2017-04-25 15:20 | Report Abuse

Anyone here to attend AGM this Thursday?

Posted by BN_menang > 2017-04-25 15:22 | Report Abuse

Election counter why drop? Good dividend(4 sen) coming soon.

Posted by waihung82 > 2017-04-26 10:02 | Report Abuse

actually you can see even TP has been revised by IB..but the price didnt go much lower than 1.12. Something would be happen when the election is nearer.

Posted by Big_investor > 2017-05-02 08:12 | Report Abuse

Media Prima Television Networks (MPTN), the television unit of listed Media Prima Bhd, is venturing into Singapore through a strategic partnership with Singapore Telecommunications Ltd (Singtel) to bring its over-the-top (OTT) streaming service called tonton there. This is tonton’s first foreign venture.

Posted by limch > 2017-05-02 10:18 | Report Abuse

IBs' shun stock yet still RM 1.2(highest TP given only RM 1.10).

Posted by Erie > 2017-05-04 01:17 | Report Abuse

Just read the outcome of agm..so its confirm we got dividen of 4sen..niceee..div yield 3.3% at 1.20..not bad at all

Posted by limch > 2017-05-04 17:20 | Report Abuse

Bear market today yet no drop. Morgan Stanley buying.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5418425

Posted by BN_menang > 2017-05-05 20:48 | Report Abuse

Suspended on Monday. Rev Asia also suspended.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5420545
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5420541

Posted by Big_investor > 2017-05-06 08:06 | Report Abuse

what happen to Media ?

Posted by Big_investor > 2017-05-06 20:46 | Report Abuse

what is be the possible announcement that would require suspension of trading ?

Posted by azlan88 > 2017-05-06 22:53 | Report Abuse

those two announcements may be related. Maybe M&A

Posted by 4086 > 2017-05-07 16:54 | Report Abuse

maybe a collaboration with rev asia to develop KLIC http://www.thestar.com.my/business/business-news/2017/04/15/rev-asia-gets-on-investors-radar/

Posted by Erie > 2017-05-07 22:59 | Report Abuse

Hope its a gud annoucement n lift the price up not the other way ard..

Posted by speakup > 2017-05-08 09:26 | Report Abuse

if collaboration with Rev Asia = no impact to Media Prima share price
if Media Prima buy Rev Asia = SELL Media Prima!

Posted by ivan9511 > 2017-05-08 16:16 | Report Abuse

100% good news

Posted by Big_investor > 2017-05-08 17:07 | Report Abuse

Still no news.....!?

Posted by Erie > 2017-05-08 18:41 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF 100% EQUITY IN REV ASIA HOLDINGS SDN. BHD. (THE "TARGET COMPANY") BY MEDIA PRIMA DIGITAL SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MPB (THE "PURCHASER") (THE "PROPOSED ACQUISITION") FROM REV ASIA BERHAD AND YOUTH ASIA SDN. BHD. (THE "SELLERS")

MEDIA PRIMA BERHAD


Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PROPOSED ACQUISITION OF 100% EQUITY IN REV ASIA HOLDINGS SDN. BHD. (THE "TARGET COMPANY") BY MEDIA PRIMA DIGITAL SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MPB (THE "PURCHASER") (THE "PROPOSED ACQUISITION") FROM REV ASIA BERHAD AND YOUTH ASIA SDN. BHD. (THE "SELLERS")




The Board of Directors of MPB ("Board") is pleased to announce that MPB, via the Purchaser, had on 8 May 2017 entered into a conditional sale and purchase agreement with the Sellers ("SPA") to acquire 15,828,831 ordinary shares in the Target Company, representing 100% of the issued and paid up capital of the Target Company, for a total purchase consideration of RM105,000,000 ("Consideration").

Posted by Erie > 2017-05-08 18:43 | Report Abuse

wonder how market gonna react to this news tmrw

Posted by linges > 2017-05-08 18:55 | Report Abuse

Seriously im lost..cant figure it out whether this is good or bad or totally irrelevant..hmm

Posted by Erie > 2017-05-08 19:02 | Report Abuse

ya me too..good news is morgan Stanley and MUFG keep buying Media's shares and no wonder REV shares has been increased 100% for past few weeks..whatever it is I still gonna hold for the dividend payout soon..

Posted by linges > 2017-05-08 19:23 | Report Abuse

Yup..Morgan Stanley very steady buying :))

Posted by Big_investor > 2017-05-08 19:55 | Report Abuse

they should announce with plans to justify the acquisition

Posted by Eagle_T > 2017-05-08 20:12 | Report Abuse

http://www.nst.com.my/business/2017/05/237436/media-prima-buys-rev-asia-unit-landmark-deal

Posted by startinvesting2017 > 2017-05-09 00:27 | Report Abuse

Nice move by Media Prima! Happy to hold for long term :D

Posted by NavinShah > 2017-05-09 07:11 | Report Abuse

Today, limit up or limit down?

Posted by 10bagger10 > 2017-05-09 07:15 | Report Abuse

Limit?

Posted by HaoRan > 2017-05-09 07:31 | Report Abuse

i think short term probably don`t have much changes. Long term then the effect of this acquisition can be seen.

Posted by speakup > 2017-05-09 08:37 | Report Abuse

normally for this type of acquisition, the buyer buys the brand only coz most of the talented staff will slowly resign from the acquired company.

Posted by ltw1123 > 2017-05-09 08:50 | Report Abuse

I think this shall be good news for Media Prima in the long tern prospect.

Posted by limch > 2017-05-09 09:43 | Report Abuse

Can we reject Rev Asia takeover for overpricing? Poor Media management it seems.

Posted by limch > 2017-05-09 09:49 | Report Abuse

Not acquisition to be completed in Q3 2017? Why share price like today completed?

Posted by limch > 2017-05-09 09:50 | Report Abuse

It seems Rev Asia not a good buy. Why not pay RM 105 million for 100% listed Rev Asia instead?

Posted by Erie > 2017-05-09 10:26 | Report Abuse

The company said this acquisition will make them the largest digital media in msia..so i think this is a gud news..even cimb has increased TP to 1.18 previously only 1.16 n 97sen..if its drop more an opportunity to top up as its proven this is cash rich company with generous dividend..my 2cents..

Posted by linges > 2017-05-09 10:26 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/05/09/media-prima-primes-into-digital-space/

Posted by Erie > 2017-05-09 10:27 | Report Abuse

Btw they do not need shareholders approval for this acquisition so we cannot reject it

Posted by linges > 2017-05-09 10:39 | Report Abuse

MIDF Research point of view:

Cash position.
As at end of 2016, MPB has a net cash of RM75m. Coupled with RM200m medium term notes (MTN) which has yet been issued, MPB will have a total cash reserve of RM275m. This would enable the group to support the acquisition through internally generated funds. However, we view that the acquisition would limits future M&A activities should MPB want to maintain a healthy cash reserve and dividend payment.

Pricey acquisition.
We deemed the acquisition price to be on the high side. Premised on Rev Asia’ FY16 earnings of RM4.2m, the acquisition translates into a PER of 25x. This is above MPB’s 5-year historical average PER of 14.5x. Nonetheless, the purchase consideration came in at the lower end of the independent valuer’s estimation of between RM100m to RM118m.

Posted by SuperLaber > 2017-05-09 11:42 | Report Abuse

Can Media Prima still sustain the current dividend yield after this acquisition?

Posted by speakup > 2017-05-09 12:20 | Report Abuse

bad news = sell down

Posted by speakup > 2017-05-09 12:21 | Report Abuse

rev up. media down.

Posted by linges > 2017-05-09 12:24 | Report Abuse

Rev getting cash dividend..
Media dont know yet what we will get?

Posted by speakup > 2017-05-09 12:25 | Report Abuse

media = get less dividend

Posted by angkokann > 2017-05-09 15:38 | Report Abuse

market is negative to the acquisition. :(

Posted by smartly > 2017-05-09 15:46 | Report Abuse

don't wait sapu......