"Take Note"....The Board of Directors of MPB wishes to announce that Mr Michael Gilbert Chan Hong Beng, a Principal Officer of the Company, has given notice of his intention to deal in the Securities of MPB during the Closed Period. "The point is he does not hold any securities of Media Prima Berhad" How to Deal ? Yes he only can buy Media Prima share from open market.....Expecting good financial result coming release soon
Until 31st December 2019 Media Prima cash balance is RM257million(23sen/share) and borrowings is RM4million only.Every quarter cash balance keeps increasing so take note when 1st quarter 2020 result release end of this month
Mr Michael Gilbert Chan H B- the ED/CEO of Media Prima Omnia S/B (formerly known as Able Communications S/B} & director of MYTV...., a wholly-owned subdidiary STMB ...... as cited in company announcement on 12/3/20 of RRPT.
note: MYTV (whollly-owned by Restu Jernih S/B in which 99.9 % owned by SM)
Everyone hope SM to privatise? I think he doesn't offer a good price if this is happen. last time under his hand, AIRB, UMLAND, Johorport, Tradewind, etc....
I don't think he plans to fully take it private. Maybe just keep the listing status for now. If SM do MGO, then it will shoot up in price cause investors believe Media is worth more. It definitely is worth more than 0.15.
Hope everyone dream come true The similar dream those mention when SM purchase at 0.4 already lost 60%, those dream when Morgan Stanley buy already lost 80%. Gambateh
This year financial result will be lot better than last year due to high cost savings from hundreds of staffs retrenchment and layoffs end of last year and significant income from home shopping CJ Wow Shop
Now cinema is closed. More advertising will be on in TV3. To believe this, just tune in to TV3, you will see many advertisements like Lazada, Oppo, Huawei, Nivea, Colgate, Nestle, etc etc etc.....
Media Prima share price will increase in tandem with its business turnaround beginning 1st quarter result end of this month.Short term price movement is not indicative of its improving financial result
buy at 15sen, set cut lose at 12sen. Maximum lose 3sen. But if go up, easily earn 5sen and above. But must have holding power. Not advised for those T+3 player
Media Prima is an undervalue company especially during this Covid-19 pandemic whereby its home content shopping CJ Wow Shop will generate all time high income/revenue for Media Prima.Just for sharing my humble observation
Thanks for sharing Ryan83. It is true that Wow Shop received lots of buyers. It is like going to a virtual Mall to buy products at attractive prices. This Media is like a virtual Mall without a physical Mall.
Pelancaran Oppo Reno 3 Series just had a special 30 minutes program using TV3 air time from 6.00 pm to 6.30 pm. This is good for extra revenue for MPB.
hey guys, since you can hold media when the price at bottom, remember don’t sell too fast when the price is start moving up. I believe media will give the long term investor steady return.
Media Prima is on its way to scale new heights supported by massive cost rationalization exercise end of last year and increasing market share in home content shopping CJ Wow Shop
This Covid19 has changed lifestyle. Ordering products online has exploded. Wow Shop from Media Prima is now in great demand. Easy to shop, can pay online and safe shopping too. Just use your fingers and click.
Media Prima stock is like weighing machine medium to long term.Turnaround plans especially staffs cost rationalization exercise are progressing very well hence increasing cash flow and net cash balance
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Dow jumps more than 200 points even after record job losses as investors bet the worst has passed