STAR MEDIA GROUP BERHAD

KLSE (MYR): STAR (6084)

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Last Price

0.40

Today's Change

0.00 (0.00%)

Day's Change

0.40 - 0.405

Trading Volume

42,200


3 people like this.

2,724 comment(s). Last comment by princehero 4 weeks ago

mf

29,029 posts

Posted by mf > 2023-05-31 15:27 | Report Abuse


US 30 32,899.1 -143.7 -0.43%
US 500 4,191.5 -14.0 -0.33%

purple70

268 posts

Posted by purple70 > 2023-05-31 15:44 | Report Abuse

MCA - Malaysian Comedian Association!

mf

29,029 posts

Posted by mf > 2023-05-31 15:54 | Report Abuse

Indices
FBM KLCI

FBM KLCI

1,385.75

-11.16

0.79%

mf

29,029 posts

Posted by mf > 2023-05-31 16:12 | Report Abuse

Indices
FBM KLCI

FBM KLCI

1,382.77

-14.14

1.01%

Posted by 9vegetable > 2023-06-01 10:38 | Report Abuse

good good. fly fly

whaleing

251 posts

Posted by whaleing > 2023-06-02 14:53 | Report Abuse

star media + MCA = gg

coolguy

30 posts

Posted by coolguy > 2023-06-04 20:14 | Report Abuse

Current price of 46cts still below net cash value of 50cts. Hope Star will move up in due course!

Posted by 9vegetable > 2023-06-06 15:10 | Report Abuse

luckily cabut liao on friday

jwyap

838 posts

Posted by jwyap > 2023-06-07 10:00 | Report Abuse

sure will up to sky or privatize , because Thong focus it. MCA scare his company lose to other .

Posted by 9vegetable > 2023-06-07 10:28 | Report Abuse

this week edge paper write so many bad thing about this company. mca is musang . tong just want to be batman? or to revenge?
should we asssit him?

jwyap

838 posts

Posted by jwyap > 2023-06-07 11:20 | Report Abuse

MCA does nothing because someone focuses it. we just follow Tong only.

princehero

557 posts

Posted by princehero > 2023-06-07 12:48 | Report Abuse

Tong is an excellent entrepreneur.. Look at his record 👍

WongAhMan

34 posts

Posted by WongAhMan > 2023-06-07 12:56 | Report Abuse

Being a substantial shareholder, Tong is only doing his part to realise the great potential of Star. The Board should take note what Tong had proposed in his article. Star belongs to all shareholders, not only to a few major shareholders.

coolguy

30 posts

Posted by coolguy > 2023-06-07 13:28 | Report Abuse

Before The Edge bought Star shares the share was trading at around 30cts for a long time. Lately Tong's write up on Star has attracted a lot of attention. I wonder what is happening to the Star new building in Section 13 PJ which is worth more than 130 million.

WongAhMan

34 posts

Posted by WongAhMan > 2023-06-07 14:08 | Report Abuse

The Board has done a good job in preserving so much cash in Star. The owning of many valuable assets comes as a huge bonus for the co to realise their values for the benefit of the shareholders. Tong has good ideas in fulfilling this endeavour and it's high time that shareholders should be rewarded accordingly.

i3lurker

14,268 posts

Posted by i3lurker > 2023-06-07 14:12 | Report Abuse

My speculation is that Tong ambition is to takeover the newspaper.
to MCA, its political,
The Star is how to lose elections and make enemies.

speakup

26,979 posts

Posted by speakup > 2023-06-07 14:20 | Report Abuse

There are many companies like SMG in bursa such as Mphbcap, Icap, Insas, Facbind, Kseng

kelvin61

826 posts

Posted by kelvin61 > 2023-06-07 14:21 | Report Abuse

With TKO holding 5.4% stake, we can expect to see the board acting in the best interest of shareholders or else TKO will be there to provide the check and balance. STAR is grossly undervalued. Over time, the share price of STAR should gradually rise to reflect its intrinsic value. If the assets are revalued and including the current value of cash, it is easily more than RM1. The business is free.

speakup

26,979 posts

Posted by speakup > 2023-06-07 14:21 | Report Abuse

All super cash and asset rich, just waiting for a Mr Tong or equivalent to realize it's value

coolguy

30 posts

Posted by coolguy > 2023-06-07 17:19 | Report Abuse

Up.. up ...up today to 50cts. Hope the momentum will push the price back to 60cts again.

kelvin61

826 posts

Posted by kelvin61 > 2023-06-08 11:07 | Report Abuse

Many friendly MCA macais trying to short the price down. Each time the price goes up fast they throw it down again. They know TKO's buying price for the block.

whaleing

251 posts

Posted by whaleing > 2023-06-13 15:34 | Report Abuse

Star turning political...

jwyap

838 posts

Posted by jwyap > 2023-06-14 17:45 | Report Abuse

It is moving up slowly ,

whaleing

251 posts

Posted by whaleing > 2023-06-15 13:56 | Report Abuse

moving up? red red saja

lassy

707 posts

Posted by lassy > 2023-06-17 18:41 | Report Abuse

Pressing Star Media share price DOWN is easier than moving it up during this depressed stock market just wondering if I can buy it back below 40sen in a few days time after selling it above 50 sen but not that high as 60sen.HOPEFULLY YOURS sign off

Posted by 9vegetable > 2023-06-20 15:25 | Report Abuse

oi move a bit la.. mau cash out before prn

linheng

1,373 posts

Posted by linheng > 2023-06-21 05:09 | Report Abuse

Drop so much on small volumn

speakup

26,979 posts

Posted by speakup > 2023-06-21 07:48 | Report Abuse

Tong likely bought below 30sen. Now 43sen, Tong still big profit

Posted by 9vegetable > 2023-06-21 16:14 | Report Abuse

oi.. why drop so much tiba tiba. main main ah?

lassy

707 posts

Posted by lassy > 2023-06-22 17:19 | Report Abuse

Below 40sen target price coming sooner than expected after 42.5 sen DONE and only last minute jacking up the price to 43sen. 43.5 sen and 42 sen are SENDIWARA TRADING .Need to wait until next week to drop below 40sen a realistic figure unlike some calling it to drop below 20 sen.WORLD MARKET CRASHES also cannot find STAR MEDIA trading at 20sen

GS

286 posts

Posted by GS > 2023-06-22 19:18 | Report Abuse

Star new weekly business newspaper -Star Biz7 https://starbiz7.com.my/connect?utm_source=print

lassy

707 posts

Posted by lassy > 2023-06-22 20:19 | Report Abuse

World stock markets fallling , STAR share price will fall below 40 sen soon , have a little bit of patience and wait to pick up JUMP OVER THE BUILDING price.

whaleing

251 posts

Posted by whaleing > 2023-06-23 17:28 | Report Abuse

Red star in the making

princehero

557 posts

Posted by princehero > 2023-06-26 21:54 | Report Abuse

Opr/ interest rate up should be good for star company… This is a cash rich company with no debt..Even a 4% interest on Rm 365million cash is around Rm 15 million annually income…

princehero

557 posts

Posted by princehero > 2023-06-26 21:56 | Report Abuse

Government oredi ask epf n GLC to invest more on local companies… Hopefully they will take note on this greatly undervalued company…

whaleing

251 posts

Posted by whaleing > 2023-06-28 14:35 | Report Abuse

greatly undervalue I dont think so.. maybe undervalue abit...

Posted by 9vegetable > 2023-07-04 10:21 | Report Abuse

woi mca dont main main har

UncleFollower

1,716 posts

Posted by UncleFollower > 2023-07-06 15:02 | Report Abuse

MCA sure main main, tong kooi ong dont main main har

lassy

707 posts

Posted by lassy > 2023-07-06 16:38 | Report Abuse

Below 40sen coming sooner than EXPECTED .I thought when MCA loose the state election only STAR MEDIA share will fall back to 35sen.

lassy

707 posts

Posted by lassy > 2023-07-06 16:54 | Report Abuse

Anyway MCA withdrawing from the STATE ELECTION will save them alot of money so NO NEED TO DISPOSE of ASSETS or SHARES to fund the election campaign. This is a GOOD MOVE by MCA so possible STAR MEDIA shares will run UP.

tklim

3,205 posts

Posted by tklim > 2023-07-07 09:34 | Report Abuse

SELL 0.37
Target1: 0.34
Target2: 0.31
Target3: 0.26
Target4: 0.18

linheng

1,373 posts

Posted by linheng > 2023-07-09 10:09 | Report Abuse

Drop caused by rumours that MCA leaving Unity Govt. Now confirm not leaving. Should recover

linheng

1,373 posts

Posted by linheng > 2023-07-09 10:11 | Report Abuse

Drop cause by rumours MCA leaving Unity Govt. Now confirm not leaving. Should recover

i3lurker

14,268 posts

Posted by i3lurker > 2023-07-09 10:34 | Report Abuse

confirm not leaving will drop more.

Stocker

1,489 posts

Posted by Stocker > 2023-07-12 19:05 | Report Abuse

gogogo

Stocker

1,489 posts

Posted by Stocker > 2023-07-12 19:05 | Report Abuse

gogogo

Jack888

857 posts

Posted by Jack888 > 2023-07-13 08:55 | Report Abuse

Star....uptrend.

stockraider

31,556 posts

Posted by stockraider > 2023-07-14 10:54 | Report Abuse

Cash rich & moving up slowly loh!
Very safe investment in which its existing cash holding exceed share price mah!

princehero

557 posts

Posted by princehero > 2023-07-14 12:30 | Report Abuse

Doesn’t make sense the price stuck low..

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