Hope is not another dead cat bounce to trap trader.. Media chart has multiple up for 1 single day but can’t retain at the end of day and then continue drop. All the best .
Petronas 1st quarter result drops 68% to RM4.5billion (average Brent price USD50).Plans to cut capex 21% and opex 12% tis year. 2nd quarter result is a loss quarter (average Brent price USD30)
Maybe NoHope Media lost huge at this stock before so come here kacau kacau....i sold all my media share yesterday with profit >10k... lucky i read that gma98.blogspot and buy at 0.155 and sold at 0.180
Frankly... Many investors trap during rm1 and below.. very common.. Smart investors will chop tat time n won't continuing average down the price..future trend for now still dim, the report cannot convince... But can it be a surprise with any new project coming by SM or Morgan Stanley?
The president, a heavy user of Twitter with more than 80 million followers, added: "Clean up your act, NOW!!!!" The president, a heavy user of Twitter with more than 80 million followers, added: "Clean up your act, NOW!!!!" Trump's threat to shut down platforms like Twitter Inc and Facebook was his strongest yet within a broader conservative backlash against Big Tech. Shares of both companies fell. Trump's threat to shut down platforms like Twitter Inc and Facebook was his strongest yet within a broader conservative backlash against Big Tech. Shares of both companies fell.
WASHINGTON: U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies for stifling conservative voices, a day after Twitter attached a warning to some of his tweets prompting readers to fact check the president's claims.
Without offering evidence, Trump again accused such platforms of bias, tweeting: "Republicans feel that Social Media Platforms totally silence conservatives voices. We will strongly regulate, or close them down, before we can ever allow this to happen."
The president, a heavy user of Twitter with more than 80 million followers, added: "Clean up your act, NOW!!!!"
Trump's threat to shut down platforms like Twitter Inc and Facebook was his strongest yet within a broader conservative backlash against Big Tech. Shares of both companies fell.
Twitter for the first time attached fact-check labels on Trump tweets after he made unsubstantiated claims on Tuesday about mail-in voting. In a pair of early morning posts on Wednesday, the Republican president again blasted mail-in ballots. Trump falsely claims that mail-in ballots lead to vote fraud and ineligible voters getting ballots.
Twitter and Facebook declined comment on Trump's tweets. Asked during Twitter's annual meeting on Wednesday why the company decided to affix the label to Trump's mail-in ballot tweets, General Counsel Sean Edgett said decisions about handling misinformation are made as a group.
"We have a group and committee of folks who take a look at these things and make decisions on what's getting a lot of visibility and traction...," he said.
In recent years Twitter has tightened its policies amid criticism that its hands-off approach allowed fake accounts and misinformation to thrive.
Tech companies have been accused of anti-competitive practices and violating user privacy. Apple, Google, Facebook and Amazon face antitrust probes by federal and state authorities and a U.S. congressional panel.
The Internet Association, which includes Twitter and Facebook among its members, said online platforms do not have a political bias and they offer "more people a chance to be heard than at any point in history."
AUTHORITY OR NOT?
It was not immediately clear whether Trump has the authority to shut down the companies. The American Civil Liberties Union said the First Amendment of the U.S. Constitution limits any action Trump could take to regulate social media platforms.
Separately, a three-judge panel of the U.S. Court of Appeals in Washington on Wednesday upheld the dismissal of a suit brought by a conservative group and right-wing YouTube personality against Google, Facebook, Twitter and Apple alleging they conspired to suppress conservative political views.
Republican and Democratic lawmakers, along with the U.S. Justice Department, have been considering changes to Section 230 of the Communications Decency Act, a federal law largely exempting online platforms from legal liability for the material their users post. Such changes could expose tech companies to more lawsuits.
Republican Senator Josh Hawley, a frequent critic of Big Tech companies, sent a letter to Twitter Chief Executive Jack Dorsey on Wednesday asking why the company should continue to receive legal immunity after "choosing to editorialize on President Trump's tweets."
Twitter's rival Facebook left Trump's post on mail-in ballots on Tuesday untouched. - Reuters
Media is doing damn good. Time for everyone buy more has come. Collect more and keep ya. It will fly . Whether be patient for 10 years or be patient in hospital .
Better cut and paste instead I type. If I type, everyone will condemn.
While MPB Prima was deemed an essential service to continue operating during the MCO, our businesses were not spared from the impact of lower advertising take-up during these uncertain times.
"Nonetheless, we continue to leverage our proactive business continuity initiatives and digital capabilities to mitigate the impact of Covid-19. We will continuously review them to ensure the group's sustainability during these challenging times
Actually, I am waiting for dividend because this company gives out very generous dividend if got profit. My investment here is for very long term since Media Prima practically control advertisements both in the traditional TV3 and U Tube and also Big News NSTP
Hahahhaha. Good luck. Wait for dividen in a losing company is a good effort . 5 year no dividend. Maybe wait till 2030 if company still alive , can have dividend .
Media Prima last dividend declared in April 2017.Buying into Media Prima is for medium to long term investment not recommended for short term trading.Financial year 2020 is definitely much better than last year record loss of RM177million
Good to have many Warren Buffett here. WB last time also buy losing media stock few decade ago and keep for long term until he saw no reason to hold it in 2020 and sold it! Good you guy have WB strategy.
Warren Buffet said buy a business but not the stock. Media Prima business is good. Despite this Covid19, advertisements keep streaming into MPB, thus revenue is good.
Totally agree with B4B4. Since from 1300 to 1500 klse also no one buy in media, EPf also din see this coming, time for you collect more before other ppl notice this gems. Sure will rocket soon since Media bussiness is good.
WB buying into newspaper publishing companies.Media Prima revenues from newspaper publishing is 20% whereas revenues from TV(30%),Home Shopping(25%),Out of Home billboards(15%) and digital media(10%).Earnings growth tis year will be spearheaded by home shopping and digital media
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wotvr
841 posts
Posted by wotvr > 2020-05-22 12:26 | Report Abuse
MIDF is even more funny. They don't seem to understand and trying to scare people.