More and more multimedia are in social media. Looks at The Stars, Malaysiakini, TheEdge, etc, all video live and latest news can be seen with Facebook-linked.
When Media transiting into social media more, it's going to be sky the limit for Media. Already discounted more than 100% from previous high. What are you waiting for?
If going to privatise, NTA is only 1.12 as per current situation..the previous shareholder, broker should be make lost money. Average most broker around 1.80
Hopefully next week this counter will gap up.All the Technical Price Indicators-MA,MACD,RSI,stochastic support such uptick in the price which is very much long overdue:-)))
AVOID this stock cause everything is downhill Q2 eps -11.98; and not going to support politically driven stocks as it does not hold any business essence of investment. Only blind followers will like it.
Maybe better to sell based on vigorious blood shed FA. But many nay sayers blinded by the fact Media is funded by government and with coming GE 14, no matter how bad the government, Media will be used to promote their seat in parliamentary. Don't be blind sided. MEDIA WILL NOT DIE!
high vol and can't even close above 76.5c means weakness; MS act on his client to buy for whatever reason you don't know, don't get yourself trapped on this one.
@calvintaneng yes the bullish trend for the stock is maintained even though the stock has been overbought.Hopefully the volumes will perked up in coming days to perk up and support the price further. 2.Hopefully there is no adverse event coming out from North East Asia. Cheers,smile:-)))
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sleepingtiger
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Posted by sleepingtiger > 2017-09-21 19:39 | Report Abuse
https://www.google.com.sg/url?sa=t&source=web&rct=j&url=https://www.bloomberg.com/amp/news/articles/2017-09-21/singapore-press-said-to-consider-job-cuts-in-reorganization-plan&ved=0ahUKEwjX19ajmLbWAhXFLo8KHdVTBPIQFggmMAE&usg=AFQjCNHdxnRoXQNFzfzp1x222beEuky6KQ&cf=1
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