Star Media, once a shining star in the newspaper industry, now faces the inevitable fate of a sunset business. The dawn of digital media has cast a long shadow over traditional print newspapers, and The Star is no exception. But like a star in its final moments, there will be one last burst of light before it fades into obscurity — a phenomenon known as a supernova. The recent move by Star Media to hike cover prices for its physical newspaper by 50% from RM2 to RM3, could potentially lead to a significant increase in earnings. While more recent data is not available, for 2H2018, The Star had an average of 151,623 paid printed copies in circulation per publication day (audited and verified by the Audit Bureau of Circulations). Assuming that The Star’s print circulation has now decreased by half to 75k per day, this would still equate to about 27 mil copies per year. A RM1 increase in cover price could potentially result in a boost of RM27m flowing directly to its bottom line. Assuming a...
Pentamaster, the undiscovered Covid-19 thematic play Covid-19 thematic stocks have seen a fantastic rally lately. Gloves, face masks, PPE, face shields, medical beds, ventilators, etc.. you name it. One stock not known to many that has jumped on this ship is Pentamaster. It recently started making Ventilators like K-One Technology (K1). Why do many not know about this? That’s because Penta has not made an announcement yet. However, those who have stumbled upon Malaysian Investment Development Authority (MIDA) recently published Apr 2020 newsletter ( https://www.mida.gov.my/home/e-newsletter/posts/ ) might have noticed this: This is a very interesting development which could be a catalyst to Penta’s share price. Like Notion VTec, Penta might also get a boost from upcoming Bonus Issue. Penta share price has been consolidating around RM4.00 level and looks ready for a breakout. For those who are less familiar, Penta is no ordinary stock. In fact, it is a champ...
ASIA FILE CORP BHD (7129) – well positioned to ride on the takeaway and food delivery tidal wave Share price: RM2.22 Market cap: RM432mil Shares outstanding: 194.76mil 1. F&B takeaway packaging – the growth driver and share price catalyst Even before Covid-19 came about, food delivery services was already a growing sector. However, due to Covid-19, the growth of takeaway and delivered meals have accelerated even more. Malaysians have become accustomed to this new normal and this trend should continue to grow. This phenomenon has led to a surge in the use of takeaway food packaging . One publicly listed company that is benefitting from this new normal is Asia File , which ventured into takeaway food packaging not too long ago. Most people I’ve spoken to are still unaware that Asia File started a business in takeaway food packaging. As such, I believe Asia File’s share price has not fully priced in the potential of this business. The tak...
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