Agree with you, BornToSpeculate. Valuation of these sites which are popular on FB with ads for smaller organizations and sensational news is hard to valuate. With the MS shield buying, it is very fishy. Maybe someone is trying to avoid Media from sliding too low, too fast. Time will tell.
Why EPF also join MS? Who cut loss? How many more shares can they cut? 05-Jul-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 575,600 shares on 23-Jun-2017. http://klse.i3investor.com/servlets/forum/800000694.jsp
Posted by straycats > Jul 6, 2017 09:16 PM | Report Abuse Agree with you, BornToSpeculate. Valuation of these sites which are popular on FB with ads for smaller organizations and sensational news is hard to valuate. With the MS shield buying, it is very fishy. Maybe someone is trying to avoid Media from sliding too low, too fast. Time will tell.
the thing about most GLCs n private companies run like GLCs are a bloated workforce n languid pace of doing things. A change of management n directors might look good for investors but ultimately the whole machinery is still the same. A few changes on top but still maintain the same 4k employees below.
Good news for Media. With certainty of transforming their old businesses to new model of digital age, Media will see exponential developments and teaming up with great techno companies. I believed they will capitalise their investment and new development is coming time.
Datuk Kamal Khalid taking over the top post - current chief executive officer (CEO) of Media Prima Television Networks. former head of the communications unit in the Prime Minister's Office. was non-executive director of Utusan Melayu (M) Bhd
new chairman Tan Sri Ismee Ismail, the former group MD and CEO of Lembaga Tabung Haji,
Moving around personals from GLC to GLC and politically-linked companies.
None are really proven in the corporate sector. This is no MAS-like Christopher Muller appointment where he slashed thousands of MAS jobs and made sweeping changes for the better.
wtf from 3ringgit to 89sen. media really weak, really the most cannot accept any suffer counter. last time I feel media can one of the bluechip. and last time I feel media much much much better than airasia and sendai. because media is government's baby . fgv lost also can limit up . drb proton lost gao gao government keep puttinf billions money in proton . now drb already up almost 200%from lowest. why government want give up media? is media gaduh with kerajaan or media no listen to kerajaan anymore?
Th new team willl start its term of duty only in early Aug. No action for another 3 weeks is very long for desperate injured impatient investor. Short seller is still laughing to the bank.
It's either the Media being hedged by Morgan or Media has plenty of room for advancement. Right now, only the loaded can replenish Media at the bottom pricing. Either u hold at the right lowest price (who knows the lowest) or u cut loss and buy lower to absorb the loss or just leave Media permanently
Big task for new management. We are all rallying behind him. Please work hard and creatively ,passonately and efficiently. We will support and stand by you through the journey PROVIDED you take u care of the company well .
seem the history lowest was 865. seem i was right . now up back. Imiss the boat this morning. seem will continue up. actually who sold media is not a good idea. do you think government will let it die at this important movement. do you think media not learn anything on mas case. dissater is over
there is a reason why politician is controlling the biggest media company in the country, they wouldn't be able to make it without this company.....i don't see any reason they will let Media Prima die
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BornToSpeculate
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Posted by BornToSpeculate > 2017-07-06 20:54 | Report Abuse
straycats, I think majority of the market agrees with your view that this a 'super deal' for Rev at 24 P/E. That is why the stock is dropping.
Seriously, with all these domains like OHbulan, viramcham, rojaklah, etc which MNCs / large companies is gonna want to advertise there.
Also, what is the valuation based on. The domain names or the content ? Content can disappear over night and be moved into a new site.
Its obvious 'someone' did a deal here.