60 years Merdeka coming soon. Kedah produced 2 outstanding Prime Ministers ie Tuanku Abdul Rahman and Dr Mahathir. So coming GE BN will lingkup(vanish)?
@wovtr yes,Media is now oversold for quite awhile already.But is the price reversal imminent?
2.Then we also need to look into other Technical Price Indicator charts such as Moving Averages(MA),and MACD.
2.On MA chart the Media price bar is below the 20 and 50 days MA line for quite awhile.Leaving a gap in the price movement.
3.On the MACD chart the MACD line is moving below the 9-day MA line showing there is no signal to buy yet.
Outcome: There must be some strong news in the corporate front for the price to move upwards.Otherwise,probably the price to hover and move within the narrow range +- 3.0 cents.Quite a number of Bursa counter follow the similar trend and price movement.No surprise:-(((
Likely,Morgan Stanley & Co LLC is amassing the stock so as to average down the price that they have bought earlier at the highs.
Normally,when a General Election(GE) is announced the stocks like Utusan,Media,Tenaga,DRB-Hicom,FGV will move upwards before and after the GE. So if the investors and punters can reasonably timed the date for the impending GE-14 then expect them to enjoin quite a reasonable capital gains.
Cheers,for a better and bright days moving forward.
Most IB analyst follow routine template and calculate fair value from there. This time I see they conveniently ignore rev Asia acquisition future contribution.
I doubt he's interested. Ansa will fight with Astro. Media won't be affected too much. Media can offer for their own TV Stations to be aired on Ansa as well just like they are on Astro.
OTT (Over-the top) The end result is the OTTs are gaining more market share from audience and this is something that is beginning to be felt also on broadcast television channels.
VOD (Video on demand) In Malaysia, the famous cartoons of Walt Disney used to be a feature available only on television – channelled by both the free-to-air TV and pay-TV broadcast operators.
Now, its available on OTTs and video-on-demand (VOD) operators that deliver services cheaper and through the wireless broadband services.
Sorry I must give comments here bec under NajXX Media become worse and worse and share price drop a lot.
Posted by Big_investor > Aug 19, 2017 10:18 PM | Report Abuse pakatan_harapan2, if you wanna give political comments, please go somewhere else, here is for investors....
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calvintaneng
56,165 posts
Posted by calvintaneng > 2017-08-18 11:35 | Report Abuse
MEDIA IS OVERSOLD
NOW VERY SAFE PRICE TO ENTER!!!