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Overview
Financial Highlight
HeadlinesBusiness Background Star Media Group Bhd is a Malaysian media company engaged in the publication, printing, and distribution of newspapers, magazines, and websites. The company's largest operating segment is its print and digital brands, such as Star and Star Online, which are among Malaysia’s leading English-language daily newspapers and news websites. This segment’s advertising revenue provides the majority of overall revenue for the company, followed by its radio and television efforts. Star Media operates 988, one of the largest Chinese radio stations in the country, as well as Life Inspired, the first Asian lifestyle-dedicated TV channel.
  mf Dow Jones Dow Jones Industrial Average 34,443.19 -198.78 0.57% Nasdaq NASDAQ Composite 13,872.47 -148.48 1.05% 07/09/2023 5:51 AM lassy Star Media have alot of CASH but what kind of benefit does it goes to small shareholders,it is just like having a BILLIONAIRE parents but staying in a terrace house .(The father have many wives maybe not the favourite wive siblings) MCA huaren bought STAR shares CHEAP so it benefits MCA indirectly those who control MCA but if the company execute a SHARE BUY BACK it will also benefit the small shareholders and by cancelling the share buy back share ,it is like returning money to all the shareholders including the minority. Well minority shareholders just think about it for your ownself. 23/09/2023 6:20 AM linheng Very little free float left. Easy to manipulate. MCA owns about 50%. Tong through his companies own more than 5%. PNB owns about 5%. Likely to be privatised by MCA 23/09/2023 6:37 AM lassy STAR MEDIA does not belong to MCA in paper only ,in fact it only benefits those who control MCA if you look at the DEALs executed so far including the MATANG deal.Tun SSTan formed TAR and UTAR was form during Tun LS Ling time and both are running from grants by the governments and CHARITY DONATION by BIG BOSS so nothing to do with MCA now except some MCA members drawing director fees and managements fee for running both higher learning institutions so NO POINT linking STAR media with MCA now because ALL the good things are done by MCA past presidents and now the present MCA team is just reaping the harvest. 23/09/2023 6:56 AM lassy AT best STAR will only give BONUS SHARE where cash distribution is not involve because STAR need the CASH to keep the company running and paying all the director fee as you know there is MCA member appointed to the board and also other working there and so if STAR close shop it also mean the end of MCA 25/09/2023 9:21 AM linheng Acquisitions by MCA in Sept 2023 MALAYSIAN CHINESE ASSOCIATION 22-Sep-2023 Acquired 836,100 0.000 MALAYSIAN CHINESE ASSOCIATION 18-Sep-2023 Acquired 249,200 0.000 MALAYSIAN CHINESE ASSOCIATION 15-Sep-2023 Acquired 475,800 0.000 MALAYSIAN CHINESE ASSOCIATION 01-Sep-2023 Acquired 1,000,000 0.000 29/09/2023 5:25 AM linheng MALAYSIAN CHINESE ASSOCIATION 27-Sep-2023 Acquired 294,600 0.000 MALAYSIAN CHINESE ASSOCIATION 25-Sep-2023 Acquired 300,000 0.000 MALAYSIAN CHINESE ASSOCIATION 22-Sep-2023 Acquired 836,100 0.000 MALAYSIAN CHINESE ASSOCIATION 18-Sep-2023 Acquired 249,200 0.000 MALAYSIAN CHINESE ASSOCIATION 15-Sep-2023 Acquired 475,800 0.000 MALAYSIAN CHINESE ASSOCIATION 01-Sep-2023 Acquired 1,000,000 0.000 01/10/2023 4:52 AM linheng Looks like on tract for privatisation. Then can proceed with whatever deal 01/10/2023 4:59 AM WongAhMan A strategic move made by MCA to acquire more when prices are low. A cash rich company supported by many pieces of undervalued properties. 02/10/2023 6:37 PM pinetree88 Bought today at closing 0.435. Hope Tong start to buy in open market and combine stake with other major holders >10% and force a Requisition EGM to oust the current board of directors. 06/10/2023 5:31 PM DatoShare Value trap. It's been like this for a while... Not sure they are working for shareholders, or certain parties. 04/12/2023 8:56 PM StarOfTheBull Newspaper is getting more expensive, most people read online news these days. 04/12/2023 10:30 PM Lewis Lee sleeping star ! twinkle twinkle little star is a song for sleeping !!! 🤣😴 12/01/2024 12:46 PM dompeilee Posted by dompeilee > 2023-05-02 16:47 Luckily I SOLD 3 rounds: 61.79c avg on 26/4, 60.94c avg on 27/4 & 61.53c avg today...leaving 47% of my peak stake in Mar this year. Bought back 38 lots @ 40-40.5c to collect the coming dividend & avg down my orig shrs at the same time 07/05/2024 5:37 PM WongAhMan Why Star was so active with 4 million shares transacted? Is there any good news about this counter? 08/08/2024 12:04 AM purple70 MCA needs to rationalise its investment whilst in UNITY GOVT! Done be surprised if Corporate activity taken, ie take it private, M&A, asset sale, asset strip off etc! STAR is essentially a property counter, ZERO bix acumen thanks to MCA leaders pandering to BN n UMNO PUTRA's bid to hold office 12/08/2024 10:46 AM ngyewchai76 still any shareholding by Tong or below 5% ? any potential or catalyst... 12/08/2024 12:55 PM princehero Sold off today at rm0.50 after holding 1 year plus … managed to break even .. almost suffer big loses .. 12/08/2024 10:55 PM purple70 Got out at 48sen after recovering cost of funds. Thinking of reentry given the strong push n volume even in current setting....BUT can never TRUST these Malaysian Comedian Association (MCA) fellows.... 13/08/2024 4:40 PM WongAhMan Daily turnover (6.4mil Aug 15) continues to be encouraging. Desperate punters are selling heavily. Calm investors are accumulating quickly. Cheers 15/08/2024 5:53 PM WongAhMan JAKS agreed to compensate Star RM50mil (https://theedgemalaysia.com/node/732660). Star to report the full sum (7cts EPS) as income in Y/E Dec'24. 05/11/2024 2:20 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
