Ya price drop due to market is overreact on the acquisition and Most IB gave lower TP..wait for buy signal to accumulate..i'll q at 1.03 as that is my avg price and will top up more if go lower..i think the price will rebound before the dividen ex date..
someone is purposely press down the price. with dividend 4 sen coming soon there is impossible will.drop.like that. and media dividend is top.ten in bursa. even loss also can give high dividend. stupid only sell media. many good counters even no.give any dividend this year. media is cash rich and the biggest.media in malaysia i don't know why drop.like hell.but sure something not right. i will keep.hold my media which my price is 125. i am believe in media
Seriously i did not study abt Rev Asia or bought any Rev Asia...but Rev Asia price went up mainly due to cash dividend proposal upon Media-Rev Asia transaction completion..
Now the crucial question is whether Media could maintain high dividend pay out after this acquisition. All IBs analysis doesn't give positive output on this acquisition.
Many investor still holding despite entered at high price, because of consistent high dividend. It used to be peace of mind stock to many. Aug17 div proposal could answer this question.
For now at least, 4c div ex-date 31 May is confirmed..for me, i'm just looking to enter lowest price possible, so i dont get paid 4c div from my own pocket !!
only my personal opinion..
newbie5354 Why don't you spend time telling us what Rev Asia is about?
linges Rev getting cash dividend.. Media dont know yet what we will get? 09/05/2017 12:24 10/05/2017 02:43
linges myself newbie also you also want to lie. Yesterday Rev Asia drop 7 sen why you say up?
linges Seriously i did not study abt Rev Asia or bought any Rev Asia...but Rev Asia price went up mainly due to cash dividend proposal upon Media-Rev Asia transaction completion..
Bro newbie5354..me also newbie compared to so many seasoned sifu here..i hv no intention to lie..actually i did not realized big drop in Rev Asia during the closing..as i did not monitor Rev Asia price movement..
With downside trend of Rev Asia...then it may spill over to Media tomolo..
MEDIA PRIMA BERHAD Particulars of substantial Securities Holder
Name MORGAN STANLEY & CO. LLC Address 1585 BROADWAY, NEW YORK, NY 10036 Company No. NIL Nationality/Country of incorporation United States Descriptions (Class & nominal value) ORDINARY SHARES Name & address of registered holder 1. MORGAN STANLEY & CO. LLC 1585 BROADWAY, NEW YORK, NY 10036
2. MORGAN STANLEY & CO. INTERNATIONAL PLC 25 CABOT SQUARE, CANARY WHARF, LONDON E14 4QA, UNITED KINGDOM Details of changes
Currency:
Type of transaction Description of Others Date of change No of securities Price Transacted ($$) Acquired 05 May 2017 65,000
Circumstances by reason of which change has occurred ACQUISITION OF 65,000 SHARES BY MORGAN STANLEY GROUP Nature of interest DIRECT Direct (units) 57,190,100 Direct (%) 5.156 Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 57,190,100 Date of notice 09 May 2017
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
smartly
6,430 posts
Posted by smartly > 2017-05-09 15:46 | Report Abuse
low enough ed.
down side limited....