Technical Charts observations: 1.SMA is positive and on ascending curve upwards gradually. 2.MACD histogram is expanding. 3.Stock is presently overbought and hopefully trading volumes can perked or picked up to sustain the momentum. 4.Sotchaistic indicator is still above the Signal line showing good trend and momentum moves. 5.All the important charts show bullish signal is still intact.
Outcome: Hopefully,the price can gap up before the closing or by next week.
@IlmuKhodam MG is jointly acquiring the shares with Mitsubishi United Financial Group(MUFG),one of the top and largest financial conglomerates from Japan.Something big and eventful must be in the offing???
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
MEDIA PRIMA BERHAD
Particulars of substantial Securities Holder
Name MORGAN STANLEY & CO. LLC Address 1585 BROADWAY, NEW YORK, NY 10036 United States. Company No. NIL Nationality/Country of incorporation United States Descriptions (Class) ORDINARY SHARES Details of changes
No Date of change No of securities Type of Transaction Nature of Interest 1 28 Sep 2017 1,350,000 Acquired Direct Interest Name of registered holder MORGAN STANLEY & CO. INTERNATIONAL PLC Address of registered holder 25 CABOT SQUARE, CANARY WHARF, LONDON E14 4QA, UNITED KINGDOM Description of "Others" Type of Transaction 2 28 Sep 2017 1,350,000 Acquired Indirect Interest Name of registered holder MITSUBISHI UFJ FINANCIAL GROUP, INC (MUFG) Address of registered holder 7-1, MARUNOUCHI 2-CHOME, CHIYODA-KU, TOKYO, 100-8330, JAPAN Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred ACQUISITION OF 1,350,000 SHARES BY MORGAN STANLEY GROUP Nature of interest Direct Interest Direct (units) 93,457,300 Direct (%) 8.426 Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 93,457,300 Date of notice 02 Oct 2017 Date notice received by Listed Issuer 02 Oct 2017
@thedge do look beyond the price market price for this stock.Avoid making generalisation on the company.Comments however divergent from what the majority believe have to be based on supported fact and analysis. 2.If this company is no good why the accumulation of large number of shares jointly by Morgan Stanley and MUFG?.Such renowned institutional investors would not be throwing good money buying such company and making large losses from their decision in the end.They must have seen the potential gem and locked up value in the company after they have undertaken the due diligence analysis on the company's profile. 3.Maybe the company has large undervalued assets which can be monetised to reward the shareholders and stakeholders? Or there is some plan to revamp and restructure the company's operation to make the company more competitive in the digital media ecosystem? 4.Be patient and hold on to what you have bought and stay tuned to the development. 5.The counter is just recovering from the low low reached last month and hopefully can touch above RM 1.00 in the coming days...
Outcome: This company is very strategic and gomen will certainly plan for some corporate exercise to put it on stronger footing:-)))
Maybe somebody behind (big fellow) asking MS to buy quietly buy Media shares. His name is badly tarnished by online medias, so you know who....will with cash in hand is king will want to own the company to restrict informations.
this counter very funny, MS everyday buying in million of shares. and yet everyday still got so many seller selling cheap. We know the buyer, but who are the sellers?
No answer because under BN not transparent. Change to Pakatan in GE 14 better.
lkoky this counter very funny, MS everyday buying in million of shares. and yet everyday still got so many seller selling cheap. We know the buyer, but who are the sellers? 04/10/2017 09:54
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Posted by sitia > 2017-09-28 17:15 | Report Abuse
Strong buying persisted and it will continue to ride the uptrend.