MEDIA PRIMA BHD

KLSE (MYR): MEDIA (4502)

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Last Price

0.46

Today's Change

-0.005 (1.08%)

Day's Change

0.455 - 0.465

Trading Volume

574,400


4 people like this.

6,875 comment(s). Last comment by limch 2024-09-23 10:47

Alert003

93 posts

Posted by Alert003 > 2019-07-04 11:48 | Report Abuse

with news but the price still not moving.. you know something is coming

8888_

2,923 posts

Posted by 8888_ > 2019-07-04 12:17 | Report Abuse

Billionaire Syed Mokhtar new media mogul
https://www.thestar.com.my/business/business-news/2019/07/04/new-media-mogul/

Alert003

93 posts

Posted by Alert003 > 2019-07-04 14:35 | Report Abuse

coming !!

Alert003

93 posts

Posted by Alert003 > 2019-07-04 15:39 | Report Abuse

it's coming

Alert003

93 posts

Posted by Alert003 > 2019-07-04 15:53 | Report Abuse

so much selling.. becareful

Alert003

93 posts

Posted by Alert003 > 2019-07-04 15:55 | Report Abuse

run before late

Alert003

93 posts

Posted by Alert003 > 2019-07-04 16:04 | Report Abuse

big funds trying to clear all their shares at 0.48

Posted by Lulu Ong > 2019-07-04 17:13 | Report Abuse

what "coming" very scare ler

PH_better

602 posts

Posted by PH_better > 2019-07-05 10:41 | Report Abuse

Syed Mokhtar only rank no 3 as Media shareholders. If want no 1 must buy more from open market?

PH_better

602 posts

Posted by PH_better > 2019-07-05 10:42 | Report Abuse

Syed Mokhtar if buy more 3% from open market can kick out Media BOD and appoint his own BOD?

PH_better

602 posts

Posted by PH_better > 2019-07-05 10:50 | Report Abuse

Why BN appointed BOD must change? RM 1 billion annual sales expenses must control at RM 900+ million why BOD fail to do?

Newbie318

331 posts

Posted by Newbie318 > 2019-07-07 23:31 | Report Abuse

Hai Mabel! You have written very professional comments on Greatech stock.Thks very much.
As for media prima, what's
your comments after tan sri
Albuckhary bought major stake.will he take media prima private?

Daily8

3,858 posts

Posted by Daily8 > 2019-07-08 15:47 | Report Abuse

Need to find what is the ground arrangement AND turnaround potential for this company.

Kedahan

628 posts

Posted by Kedahan > 2019-07-08 16:27 | Report Abuse

>8 million shares traded so far and no drop is good. Syed Mokhtar buy more from open market?

Kedahan

628 posts

Posted by Kedahan > 2019-07-08 16:34 | Report Abuse

After Bangsar property tenancy period expire Media can move out to cut rental expenses?

Posted by DoggieInvestor > 2019-07-10 10:43 | Report Abuse

On 2nd July 2019, AURORA MULIA SDN BHD, acquired about 123m shares of Media Prima, Malaysia’s largest free-to-air television operator. That is about 11% stake in Media Prima (Bloomberg Ticker: MPR:MK). According to The Edge Malaysia, Aurora Mulia Sdn Bhd is an affiliated company of Tan Sri Syed Mokhtar. The Edge also reported rumor has it that Tan Sri Syed Mokhtar also owns another 13% stake in Media Prima through Mitsubishi Financial Group. This gives Tan Sri Syed Mokhtar a 24% stake in Media Prima.

According to The Edge Malaysia, which found the transaction price on Bloomberg, the deal was transacted at RM0.60 per share, which is roughly 23% premium over the recently traded price of RM0.485 per share. It’s interesting to see that Tan Sri Syed Mokhtar is so confident to buy distressed assets at 23% premium.


One of our contributing members dug deeper into Bursa Malaysia disclosures and found that Mitsubishi Financial Group has been buying up stake in Media Prima since 4th April 2017. Media Prima was trading at RM1.00 – 1.20 in the 1H17. The last purchase made by Mitsubishi Financial Group was disclosed to Bursa Malaysia on 12th April 2019. The closing price of Media Prima on 12th April 2019 was RM 0.48. According to the Bursa Malaysia disclosure, Mitsubishi Financial Group (the name of the register holder) owns 142.385m shares, or 12.837% stake in Media Prima.

Assuming Mitsubishi Financial Group acquired the 12.837% stake evenly between 4th April 2017 and 12th April 2019, at price range of RM 0.48 to RM 1.10, we estimate Mitsubishi Financial Group paid an average price of RM 0.79 (based on the simple arithmetic average of RM 0.48 + RM 1.10) for the 142.385m shares. If Tan Sri Syed Mokhtar really controls the 142.385m shares of Media Prima through Mitsubishi Financial Group, Tan Sri Syed Mokhtar paid an average RM 0.70 per share for a total 265.39m shares in Media Prima. That is 44.3% premium over Media Prima’s today closing price of RM 0.485. Total capital invested in Media Prima is roughly about RM186m!!!
Based on our experience, we believe this is a very strong indicator that Media Prima business is deeply undervalued, at least in the eye of Tan Sri Syed Mokhtar. The Edge Malaysia also pointed out Tan Sri’s track record in growing his business empire since the 1990’s and 2000’s. Go get a copy of The Edge Malaysia to take a quick look at Tan Sri Syed Mokhtar’s track record in building DRB-Hicom and MMC Holdings.

Many may ask why we should buy a distressed company with so many threats from online video streaming platforms from Netflix, iFlix and Astro. Our media industry expert expresses his view that Media Prima is not just a free-to-air (FTA) television station. It is one of the largest professional video content producers in Malaysia, probably just behind Astro Malaysia due to financial constraints. Netflix does not disclose its user penetration in Malaysia. Looking at Malaysia demographic distribution and internet penetration, common sense would tell you that a good majority of the population in Malaysia still love to watch their news, dramas, and variety shows in their mother tongues.

Go do a quick Google Search, Malay/Chinese/Indians each account for roughly 65%/25%/7% respectively. There is no way Netflix will become the mainstream video platform, be it FTA or through online platform. Not to mention that Malaysia’s poor internet connectivity and speed hinders the growth of online video streaming platform. For the same reason, Astro Malaysia is still dominating the country paid TV market with an almost monopolistic market share with weak contenders struggling to gain viewership and TV advertising dollars.

Good_News

601 posts

Posted by Good_News > 2019-07-10 23:05 | Report Abuse

Malaysians trust media more after GE14, says market survey
https://www.themalaysianinsight.com/s/167315

5354_

4,834 posts

Posted by 5354_ > 2019-07-11 10:37 | Report Abuse

juanju who? At least we know Syed Mokhtar 1 of M'sian richest haha.

5354_

4,834 posts

Posted by 5354_ > 2019-07-11 11:45 | Report Abuse

juanju work for EPF is it? Can ask EPF declare how much $ they cut loss in Media or not?

Posted by DoggieInvestor > 2019-07-11 12:32 | Report Abuse

EPF lost our money....giving it away to rich ppl

Exnstp

171 posts

Posted by Exnstp > 2019-07-11 13:46 | Report Abuse

EPF sold out about 3.5m shares the last 3 days. Share price will depend on Q2 results.

5354_

4,834 posts

Posted by 5354_ > 2019-07-11 15:14 | Report Abuse

pengyou your id wrong. Should be enemy more right haha.

5354_

4,834 posts

Posted by 5354_ > 2019-07-11 15:16 | Report Abuse

Should ask who buy from EPF? Why no drop a lot?

5354_

4,834 posts

Posted by 5354_ > 2019-07-11 16:40 | Report Abuse

If EPF try to press down fail later >50 must buy back?

5354_

4,834 posts

Posted by 5354_ > 2019-07-11 16:45 | Report Abuse

So many counters in Bursa why Syed Mokhtar must choose Media to buy?

5354_

4,834 posts

Posted by 5354_ > 2019-07-11 16:48 | Report Abuse

Why rich(Syed Mokhtar) people buy on loss QR?

8888_

2,923 posts

Posted by 8888_ > 2019-07-12 04:33 | Report Abuse

A 4.96% stake in Media Prima crosses off market at same price paid by Syed Mokhtar
https://www.theedgemarkets.com/article/496-stake-media-prima-crosses-market-same-price-paid-syed-mokhtar

8888_

2,923 posts

Posted by 8888_ > 2019-07-12 09:36 | Report Abuse

Why Syed Mokhtar willing to pay 60 sen for loss making Media?

8888_

2,923 posts

Posted by 8888_ > 2019-07-12 10:53 | Report Abuse

UMNO connection must get rid off before Media can move?

8888_

2,923 posts

Posted by 8888_ > 2019-07-12 10:55 | Report Abuse

Balance UMNO shares is Altima? Why not ask they sell at 50 sen?

8888_

2,923 posts

Posted by 8888_ > 2019-07-12 11:10 | Report Abuse

Normally EPF support Syed Mokhtar counters except Media. Why? Even previously DRB reported big loss EPF still support buying.

8888_

2,923 posts

Posted by 8888_ > 2019-07-12 11:16 | Report Abuse

Hire ex-Astro CEO Rohana and sack Kamal Khalid to turnaround Media?

8888_

2,923 posts

Posted by 8888_ > 2019-07-12 11:30 | Report Abuse

DRB previously also big loss why never <50 sen?

5354_

4,834 posts

Posted by 5354_ > 2019-07-14 09:50 | Report Abuse

'We saved the future on May 9'
https://www.nst.com.my/news/nation/2019/07/504151/we-saved-future-may-9

NST_

53 posts

Posted by NST_ > 2019-07-14 09:51 | Report Abuse

Q: YB, how do you feel as a father to see your son becoming the finance minister?

A: He has to prove and perform and all the more, he should establish himself as a credible and good finance minister. As for the judgement, I’ll leave it to other people.

Exnstp

171 posts

Posted by Exnstp > 2019-07-17 21:10 | Report Abuse

Hoping for an MGO pleaseeeee.....

johotin88

385 posts

Posted by johotin88 > 2019-07-17 21:50 | Report Abuse

But what is the possible offer price? 60cents or higher?

Kedahan

628 posts

Posted by Kedahan > 2019-07-18 10:07 | Report Abuse

IB no give face to Syed Mokhtar? Why no TP >50?

Kedahan

628 posts

Posted by Kedahan > 2019-07-18 10:22 | Report Abuse

IB's all lansi people. When Media RM 2-3 they said buy now <50 they said sell how to trust them?

PH_better

602 posts

Posted by PH_better > 2019-07-18 15:52 | Report Abuse

Watch TV at home 1 way to reduce cost of living PH govn support?

PH_better

602 posts

Posted by PH_better > 2019-07-18 15:56 | Report Abuse

94% support PH vs 6% for BN.

Daily8

3,858 posts

Posted by Daily8 > 2019-07-18 19:55 | Report Abuse

Hovering at 48 cents still.

Exnstp

171 posts

Posted by Exnstp > 2019-07-19 10:16 | Report Abuse

Strange... it looks like its artificially kept at 0.48 sen

Daily8

3,858 posts

Posted by Daily8 > 2019-07-19 21:45 | Report Abuse

Abgostron disposed 4.4mil.

beyond2288

1,791 posts

Posted by beyond2288 > 2019-07-21 18:36 | Report Abuse

buy metronic global berhad 0043, tan sri lee kim yew will interview media nanyang siang pau financial department to announ, they will soonly increase syear of company to takeover, tan sri want to push up shareprice higher.

beyond2288

1,791 posts

Posted by beyond2288 > 2019-07-21 18:36 | Report Abuse

now 0:065,can try buy in.

Daily8

3,858 posts

Posted by Daily8 > 2019-07-22 12:02 | Report Abuse

keep this forum to Media.

Kedahan

628 posts

Posted by Kedahan > 2019-07-22 16:42 | Report Abuse

Hidup Tun.

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