today the selling price is the cheapest at 1.32..this is the opportunity for you to collect this counter and keep it for medium term investment. its annual dividend is very attractive, more than 10 % each year, much better than you save your money in banks. other than EPF keeps on selling, the other 30 largest shareholders remain calm and steady, they are receiving their good dividend every 6 months. . The company is making big profit recently by selling its subsidiary. it is worthwhile to buy now or you may keep on collecting it slowly according to your financial position. I am confident in this counter. its NTA is 1.39. you are now able to get it at 1.32 to 1.34. it is lelong .
Not making profit how to pay dividend, the profit from selling subsidiary is only one time, will be reporting losses from now onwards, better get out guys, penny stock waiting
vivabursa Election coming, more ads spending. Next year World Cup, another big ads spending. Moving to digital, media will not be eliminated. 05/12/2017 21:00
I agree with rojakmee... My cost is 2.70 n i forego the diviend of 36 cts n sell some at 2.44... I really cannot see good future for media industry except it shift the business model .. The Dinsum launched by Star .. Got good response ?
good fundamental stock. however now even the classified advertisement is getting thinner and thinner. nowadays is social media era, lot news in online portal is way much faster.
Today younger generation never buy newspaper .... U go the new village or tradtional Kopitam ... U only see old people read newspaper .. So, it is sunset business like tinmining
General election coming. Check the chart track back to GE13. In fact the pattern is almost the same for the past few elections. Major crash gonna come real hard.
Might take half a year or more to recover after each GE. And coupled with the weak consumer sentiment and weak advertising ad take-up, better think twice before you commit.
If wanna buy also wait until the GE crash happens. Better bargain there.
And not to forget about Dimsum. Unofficially, Star committed about RM30mil to start Dimsum, if I'm not wrong. The bleeding might have easily crossed RM50mil in total easily if you really calculate.
I'll be very surprised if it has more than 1k paid subscribers. Actually 500 also heard. Mostly trial and own employee (900+ people) complementary subscription.
RM15 per month. So agak2 you multiply RM15 x 1000 = RM15,000 revenue. Throw in all the operating expenses and other costs.
If you look at Dimsum's headcount alone, about 60-100 employees (or even more), and the huge amount it has to pay for content licensing, it's all doom and gloom.
Dimsum started out as a promising idea. But poor execution and terrible leadership have made it a laughing stock in the media industry.
It wanted to be the go-to place for Chinese entertainment. Yes brilliant. But how are you going to compete with Astro with its financial firepower and the tons of exclusive shows it has signed up only to be shown on Astro?
Dimsum promised to deliver the latest content. However, for example it took almost one year to show Nirvana in Fire (promised from day one). That also without the extended director's cut that was promised. That's only one example. Many more.
And mid way through, it realised that it's loosing the Chinese game badly. It then pivoted to Thai content. Tell me who watches Thai shows? People want the latest Korean and mainland series. Dimsum doesn't have any, if at all.
And Netflix and iflix are aggressively pushing into Korean and mainland China content.
Time to kiss goodbye I guess. I'll be surprised if Star kept pumping money to keep Dimsum afloat. It already killed off most of its radio stations and also sold off its money generating cash cow in Cityneon.
Not much left. Cash rich yes. But since GE is coming so soon MCA needs money so they might be quietly channeling out. And they kept giving money away for the past three months don't you think?
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rojakmee
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Posted by rojakmee > 2017-11-29 13:44 | Report Abuse
run, its dropping everyday ... penny stock waiting