As you can see UTUSAN lose money for so long also not die yet,means that star,media & mediac also can consider as bullet proof counter.If too desperate want to sell,I'm pretty sure that PR & Singapore will be very willing to purchase all of this media company hehe.
The point is not about the value of this company,the hidden agenda is more precious than his company LOL.
Kutty you better don't ask can drop more,if you want to learn to be a true investor you have to said: Please drop more baby!I love it.Please dump more EPF we waiting for it lol.
Star is giving notice for VSS (VOLUNTARY SEPARATION SCHEME) to kick out old employees and bringing fresh Chief Group Management, said that they wanted to gain more revenue with these young people ideas by dropping old folks with high payroll, hmmm will it be it? Or they trying to lose some expensive weight, roughly 200 employees will be retired from service.
Yes STAR acquired iProperty, iBilik & CarSifu that's confirmed.
VSS will be open from 7 Oct - 18 Oct and will be activated by end of December, lets see if the counter going to jump or not, since they will save a lot on paying employees salary.
Useless paper stop publising unit trusts, TV (except Li and Astro), racing. Next 4D results! It's the old timer who pay for the paper not those who read free but never buys! Find out are your readers. Look how thin they are now. I think the share will drop to 50 sen
falling STAR counter. last year nov to jan shows a drop to rm0.60!!! so if it really follows the same trend will fall until rm1.80!! pitiful the media counters in Malaysia is doing so poorly compared to overseas media counterparts.
The chart doesn't seem to support a buying trend now, just stagnant...but if following last year's trend then will be falling down....real fast. Pray hope this doesn't happen man...Good luck everyone. P.S. I'm not trying to scare anyone here, but just be prepared for the worst scenario.
Expected very amazing quarter earning,since past few month the company already purchase back the land that they sell last quarter.Now,possibly planning for business expansion.
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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....
KC Loh
13,701 posts
Posted by KC Loh > 2013-10-03 10:22 | Report Abuse
Haha good angle! Never thought of that!