Odyssey transformation plan after 4 years finally will increase revenue contribution from digital media and home content shopping CJ Wow Shop around 50% of total Media Prima revenue tis year. This is a game changing fundamental value of Media Prima in comparison to last few years financial losses
Media Prima operating expenses and loss will reduce further in 2nd quarter result bcoz the retrenchment exercise around 1000 employees only started on March 12 this year. Digital media,content creation and home shopping revenue increase 16% in comparison to 1st quarter 2019
Improving quarterly results 1st quarter 2020 loss after tax :-RM29.9million in comparison to 4th quarter 2019 (-RM106.3million) and 1st quarter 2019 (-RM42.8million)
Next quarter result April-Jun operating expenses will reduce RM15-20million.Advertising revenue in TV channels and digital media should be higher than 1st quarter due to MCO and CMCO.
GLC company- CEO salary million but no outputs. Only company with politics can survive losses continue for years. Like MAS . Luckily proton save by China
Cash stood at rm257 million last quarter. This quarter Media Prima boost cash to RM393 Million by loan from bank. Lets guess what they going to do next with this huge cash pile ...
“The EPF and PNB will be ‘asked’ to sell their [Media Prima] shares which is unlikely to happen unless he (Syed Mokhtar) gets the ‘blessing’ from the new administration,” the source said."
"Other alternative routes for privatisation include the takeover of Media Prima’s assets and liabilities, and using the group’s cash to take it private through selective capital repayment."
Share price movement is out of our control due to investors emotions when buying or selling.Jan-Mar quarter home shopping CJ Wow Shop achieved all time highest revenue RM64million so coming Apr-Jun quarter will achieve another milestone revenue at least RM75million due to MCO,CMCO and Hari Raya shopping sales
Media whole day trading in 0.145 to 0.15. but Rm0.155 get cleared in last trading session 4.50pm before closing, seems like insider know the result improved and going to release by today.
Recently, the Big News by NSTP planned to install a total of 23 big screens along the Lembah Klang highway and other strategic locations to display online hot news of BH and NSTP and targeting to increase revenue from advertising.
Majority listed companies experience sharp profit drops bcoz of Covid-19 but Media Prima able to reduce loss by 30% is a good turnaround business plan.Next quarter Apr-Jun majority listed companies will experience very high profit drops and losses due to MCO and CMCO but Media Prima 2nd quarter result will be better than 1st quarter result
Agree with you. Latest QR is last under very bad previous CEO.
Ryan83 Majority listed companies experience sharp profit drops bcoz of Covid-19 but Media Prima able to reduce loss by 30% is a good turnaround business plan.Next quarter Apr-Jun majority listed companies will experience very high profit drops and losses due to MCO and CMCO but Media Prima 2nd quarter result will be better than 1st quarter result 22/05/2020 9:25 AM
Media Prima advertising revenues will be coming from digital media division during CMO and prolong CMCO period.Exponential growth of CJ Wow Shop coming quarter RM75-85million
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Posted by Ryan83 > 2020-05-20 21:14 | Report Abuse
Odyssey transformation plan after 4 years finally will increase revenue contribution from digital media and home content shopping CJ Wow Shop around 50% of total Media Prima revenue tis year. This is a game changing fundamental value of Media Prima in comparison to last few years financial losses