STAR MEDIA GROUP BERHAD

KLSE (MYR): STAR (6084)

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Last Price

0.435

Today's Change

+0.02 (4.82%)

Day's Change

0.415 - 0.435

Trading Volume

3,982,300


3 people like this.

2,708 comment(s). Last comment by berfikir 8 hours ago

angiechai

55 posts

Posted by angiechai > 2016-07-04 16:27 | Report Abuse

waiting to buy whn PE is lower

derricksyl

512 posts

Posted by derricksyl > 2016-08-19 07:23 | Report Abuse

div 0.09 coming ....

cherry88

980 posts

Posted by cherry88 > 2016-08-22 22:41 | Report Abuse

Good dividend stock to buy. Assuming 18 sen p.a, its yiled close to 7% ! Given rather uncertain period like this, this is a MUST KEEP stock.

cfoong

1,189 posts

Posted by cfoong > 2016-08-29 23:20 | Report Abuse

Well Done... the Board of Director.... they know how and what to do for turning the stagnant business into the vibrant position once again!...LIKE.

Qogir

69 posts

Posted by Qogir > 2016-09-07 12:45 | Report Abuse

Count down 28 Sept for dividend

Qogir

69 posts

Posted by Qogir > 2016-09-14 14:53 | Report Abuse

Time to accumulate

Qogir

69 posts

Posted by Qogir > 2016-09-30 13:58 | Report Abuse

great dividend will be paid out soon after ex-date, the question now back to next year, i hope the newspaper circulation will be increased.....

Qogir

69 posts

Posted by Qogir > 2016-11-23 12:44 | Report Abuse

Q4 will be different , let's see :)

Yap Juner

38 posts

Posted by Yap Juner > 2016-12-07 12:31 | Report Abuse

now 2.30 is it time to accumulate???????

feiloh

911 posts

Posted by feiloh > 2016-12-08 15:02 | Report Abuse

2.2

Happykoo

119 posts

Posted by Happykoo > 2016-12-14 21:47 | Report Abuse

Drop drop drop.....why?something gonna happen soon.?

Posted by frleong2005 > 2016-12-14 21:59 | Report Abuse

I think drop bcos of dim sum. New buisness. Still don know can make pft.

mbge7clt

755 posts

Posted by mbge7clt > 2017-01-05 13:11 | Report Abuse

great, now UP!

number2

280 posts

Posted by number2 > 2017-01-06 15:48 | Report Abuse

bought at 2.25

number2

280 posts

Posted by number2 > 2017-01-16 14:11 | Report Abuse

sold half at 2.29

number2

280 posts

Posted by number2 > 2017-01-17 16:15 | Report Abuse

look like stable at 2.28

number2

280 posts

Posted by number2 > 2017-01-18 11:25 | Report Abuse

bought back 2.27

mbge7clt

755 posts

Posted by mbge7clt > 2017-01-22 08:04 | Report Abuse

2.29-2.25=0.04, can make profit after comms?

number2

280 posts

Posted by number2 > 2017-01-24 16:32 | Report Abuse

still can cover, support 2.24 stable.

number2

280 posts

Posted by number2 > 2017-01-26 12:17 | Report Abuse

sold half at 2.29

feiloh

911 posts

Posted by feiloh > 2017-01-27 11:42 | Report Abuse

Huat ah

Posted by MoneyMoneyHome8 > 2017-02-17 19:37 | Report Abuse

waiting for dividend <3

Happykoo

119 posts

Posted by Happykoo > 2017-02-21 22:35 | Report Abuse

Can waiting for special dividend ?

derricksyl

512 posts

Posted by derricksyl > 2017-02-27 20:01 | Report Abuse

Div 0.09

Posted by lunlun99 > 2017-03-27 14:23 | Report Abuse

Yuhu! Dividend 9 sen!!! EX date 29/3
accumulate now...

mikee

159 posts

Posted by mikee > 2017-03-27 14:28 | Report Abuse

this Dnex is not pump and dump stock.....Dnex very good in fundamental .

one have to imagined that this USD$50 billion or at least initial $10 billion from all e-trades permits approvals generate from DFTZ/Alibaba when start in 2018 or early 2019 is COMPULSORY/MUST pass tru DNEX (4456) e-services software platform tat currently been authorized by Gov to integrates with most gov agencies to get each items/goods pass on from shippers to consumers.
Just 1 segment from IT can rake up 1000% folds profits, haven't count others segments like O&G, Hydro Energy, Foreign Workers Permit, VEP and RFID profits.

go and read mind boggling good revelation about DNEX (4456) from Cruz......
https://klse.i3investor.com/blogs/kianweiaritcles/119083.jsp

Posted by JamilahJamal > 2017-05-05 19:04 | Report Abuse

Will Star be Selling their Crown in the Jewel?


The Board of Directors of Star Media Group (“the Board”) wishes to inform that its wholly-owned subsidiary namely, Laviani has on even date received a notification from Bird & Bird ATMD LLP, a legal firm in Singapore expressing their clients’ interest to purchase Laviani's entire equity interest in Cityneon comprising 128,458,590 ordinary shares, representing approximately 52.51% of the issued share capital of Cityneon.

Pursuant to the above, the Board will deliberate the abovementioned and an appropriate announcement will be made in due course.

This announcement is dated 5 May 2017.

trap44

152 posts

Posted by trap44 > 2017-05-08 11:28 | Report Abuse

Sell off good or bad news?

padawan

45 posts

Posted by padawan > 2017-05-08 16:08 | Report Abuse

Good in short term. proceeds from sale is almost RM380million on top of Star's current warchest. They will have enough money to do special dividend and also look for new business to acquire. Looks like a good deal

kelvin61

826 posts

Posted by kelvin61 > 2017-05-08 16:41 | Report Abuse

Star won't sell their stake for anything less than 500 million in cityneon.

magus

397 posts

Posted by magus > 2017-05-09 10:12 | Report Abuse

how would kelvin61 know about how much star would sell their stake in Cityneon for?

Posted by moneykaching > 2017-05-09 10:34 | Report Abuse

careful if no deal will LIMIT down like IW city

magus

397 posts

Posted by magus > 2017-05-09 13:37 | Report Abuse

deal or no deal depends upon star; no deal they still get a share of the results from cityneon which they have been getting anyway. This is not IWC, please.

Snake

158 posts

Posted by Snake > 2017-05-09 15:19 | Report Abuse

BUY

kelvin61

826 posts

Posted by kelvin61 > 2017-05-09 19:02 | Report Abuse

Just my estimate based on the number of shares they owned over a fair price , say approximately S1.25-1.30 for a high growth stock.

yeeck

133 posts

Posted by yeeck > 2017-05-12 10:55 | Report Abuse

KUALA LUMPUR: Star Media Group Bhd’s board of directors has given the green light for the sale of its 52.5% stake in the Singapore-listed Cityneon Holdings Ltd — a unit that is currently contributing about one-third of its revenue, according to sources familiar with the matter.

The stake sale will enable Star Media to unlock the value of its investment in the republic. The deal is expected to bring in more than RM350 million to the media group’s cash coffers, which stood at RM500 million as at Dec 31, 2016. Its borrowings were RM201.7 million.

“Star Media will see its coffers rise more than RM350 million if the deal goes through. It will take decades to earn that kind of money,” said a source from Singapore.

Last week, Star Media announced that its wholly-owned subsidiary Laviani Pte Ltd had received a notification from Bird & Bird ATMD LLP, a legal firm in Singapore expressing its client’s interest to purchase Laviani’s entire equity interest in Cityneon.

Cityneon has been one of the key contributors to Star Media’s revenue since the financial year ended Dec 31, 2015 (FY15) as the print media segment faces declining advertising revenue. The investment is seen as a wise move to diversify its earnings portfolio.

Cityneon contributed 32.2% and 25.2% of the group’s revenue and earnings before interest and tax respectively in FY16.

The stake sale may raise questions about the group’s earnings growth moving forward, some quarters said.

The company in Singapore owns the exclusive global intellectual property rights to Avengers Station and Transformers Experience, which have been a major driver of Star Media’s bottom-line growth.

Star Media shares closed unchanged at RM2.52 yesterday, with a market capitalisation of RM1.86 billion.

http://www.theedgemarkets.com/article/star-board-gives-green-light-sale-stake-cityneon-%E2%80%94-sources

Posted by moneykaching > 2017-05-12 18:43 | Report Abuse

Star Media's investment cost of RM120 million for Cityneon is sold for RM360 million. Star made a whopping 3 times its original cost. Good advice Magus!

ken law

538 posts

Posted by ken law > 2017-05-12 22:03 | Report Abuse

lucky to buy some during rm2.20

Happykoo

119 posts

Posted by Happykoo > 2017-05-22 23:04 | Report Abuse

any news at today meeting?

Unknown404

264 posts

Posted by Unknown404 > 2017-05-24 12:54 | Report Abuse

Why drop so much? Any news I missed?

Posted by Eshvaren Sanmugam > 2017-05-24 13:32 | Report Abuse

Profit dropped....announcement yesterday

jason_sgx

13 posts

Posted by jason_sgx > 2017-05-24 13:35 | Report Abuse

The FBM KLCI remained in positive territory at the midday break today but managed only limited gains as sellers overtook buyers in line with the regional markets.

At 12.30pm, the FBM KLCI rose 3.24 points to 1,770.41. The index had earlier risen to its intra-morning high of 1,772.21.

Losers overtook gainers by 493 to 340,while 363 counters traded unchanged. Volume was 1.93 billion shares valued at RM1.67 billion.

The top gainers included British American Tobacco (M) Bhd, Dutch Lady Milk Industries Bhd, Fraser & Neave Holdings Bhd, Win Tai Malaysia Bhd, Petronas Gas Bhd, Malaysia Airports Holdings Bhd, Tasek Corporation Bhd, Kuala Lumpur Kepong Bhd, MBM Resources Bhd and Tasco Bhd.

The actives included AirAsia X Bhd, Luster Industries Bhd, Borneo Oil Bhd, Key Alliance Group Bhd, Frontken Corp Bhd, NetX Holdings Bhd, AirAsia Bhd and Green Packet Bhd.

get daily details - http://sgx-nifty.blogspot.in/p/sgx-malaysia-uae-free-trial-form.html

Posted by moneykaching > 2017-05-29 01:16 | Report Abuse

Star Media ought to pay special dividends from Cityneon sale.

Internet and digital assets in the marketplace now are extremely overpriced. Should Star Media pursue these assets aggresively the Board of Directors would need to be accountable and held legally liable for future writedowns.

Also Star Media ought to sell non-core assets TV and Broadcasting divisions to unlock value.

EPF_sell

83 posts

Posted by EPF_sell > 2017-05-29 02:51 | Report Abuse

Home Ministry to summon The Star's Editor-in-Chief
Read more at http://www.thestar.com.my/news/nation/2017/05/28/home-ministry-to-summon-the-stars-editor-in-chief/#l30ArfilRwQxAp4l.99

Posted by moneykaching > 2017-05-31 01:07 | Report Abuse

Star Media has to implement a restructuring program

1) change in management and Board of Directors
2) capital repayment - special dividends
3) sell non-core assets - TV & Broadcasting
4) implement strict investment program which offers a good risk/reward with good price

Hold management and Board of Directors accountable for recent and future failures

Posted by moneykaching > 2017-06-02 00:06 | Report Abuse

Star Media's Group CEO and Chief Editor should be personally and legally liable together with the Board of Directors for any action by the Home Ministry.

There should be "Clawbacks" in their compensation scheme so that Star Media can take back money that has already been disbursed plus a penalty if Home Ministry finds them blameworthy.

Happykoo

119 posts

Posted by Happykoo > 2017-06-06 17:00 | Report Abuse

Die counter ...will reach rm2..

number2

280 posts

Posted by number2 > 2017-06-08 08:59 | Report Abuse

offer, buy

Happykoo

119 posts

Posted by Happykoo > 2017-06-14 22:11 | Report Abuse

arrr......how low it will going ....below rm2..

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