this could bring more value for their business

but this counter still non- moving ...

its dropping 1 cents LOL

KUALA LUMPUR: MEDIA PRIMA BHD [] net profit for the first quarter ended March 31, 2011 fell 23.7% to RM34.79 million from RM45.57 million a year earlier, in line with general seasonal advertising trends.

Revenue for the quarter rose to RM354.19 million from RM323.67 million in 2010. Earnings per share was 3.36 sen while net assets per share was RM1.27.

Reviewing its performance, Media Prima said on Thursday, May 12 that the first quarter of the year had always been the lowest in terms of advertising spending as compared to other quarters, when most advertisers start their promotional roll out.

It said revenue for the quarter grew led by advertisement revenue that recorded an increase of 13.5% as advertisement expenditure growth maintained its momentum into 2011.

On its prospects, Media Prima said while it was optimistic about an improved outlook for both consumers and advertisers, it was also cognisant of the challenges ahead.

“For the financial year 2011, the group is committed to maintaining its industry leadership position and its earnings through continued investment in quality and relevant content and branding for its targeted market.

“Concurrently, the group will continue to exercise prudent financial and risk management and is optimising its cost management for better leverage on its operating efficiency,” it said.

Media Prima said it would continue its efforts in realizing the value of its diverse media platforms by embarking on various initiatives involving the assimilation of its new investments in NSTP and Kurnia into the enlarged Media Prima group.

“These efforts include improving the revenue generating capacity and improving operational efficiency to achieve synergy within the group’s stable of media assets.

“As the same time, it will continue to invest, improve and monetise its new media platform as an alternative medium for consumers to access its contents,” it said.

Media Prima said it remained optimistic that it would register improved operational financial performance in 2011.


Media Prima's ad revenue increased.
Is AMEDIA's revenue going to follow as well?

This post has been edited by mH3nG: May 12 2011, 11:38 PM

shld be positive for amedia quarter report.. lets wait.. it will be release soon

Amedia is not media prima..
Don't mix up

no mix up la

he wrote

Is AMEDIA's revenue going to follow as well?

2 different company, how to follow?

he saw de MEDIA word i guess hahaha

Amedia moved 2sen liao.

Yea. market green, Amedia also will green. Can swing more today. waiting..

Should can cheong more today!

Volume quite encouraging but if it increase, mean it will swing higher, cause AMEDIA is considered as penny stock

wonder this counter always swing in between 0.230- 0.240.. haiz!

Strong resistant at 24 cents. Chill bro, market looks good, just hang on..

swing swing so they can swing lat those contra xD

Normally penny stock go down easy go up like donkey!! It better go up else

last done 0.24 bro, ok what, What's you entry price?

Don't ask still not making money. Lesson learnt believing the hot sell story but if really go up, can go one round of beer on my tab!

if only if. amedia announce their quarter report is unfavorable, sure we get into trap...