STAR MEDIA GROUP BERHAD

KLSE (MYR): STAR (6084)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.39

Today's Change

+0.01 (2.63%)

Day's Change

0.38 - 0.39

Trading Volume

351,000


3 people like this.

2,707 comment(s). Last comment by dompeilee 1 month ago

Tanleechoo

393 posts

Posted by Tanleechoo > 2017-11-13 22:18 | Report Abuse

When is the last time u buy star people ? Youngster got read newspapers ? Sunset business

ABSBOSS

904 posts

Posted by ABSBOSS > 2017-11-13 23:15 | Report Abuse

i buy star everyday ma

Posted by Tancheesiong111 > 2017-11-14 13:00 | Report Abuse

Every day buy *star

rojakmee

1,158 posts

Posted by rojakmee > 2017-11-14 17:59 | Report Abuse

I told you guys, see my many bad comments above months back, will drop futher and no future for star, run while you can

Posted by Tancheesiong111 > 2017-11-14 22:24 | Report Abuse

Start collecting...

vivabursa

594 posts

Posted by vivabursa > 2017-11-15 09:43 | Report Abuse

wow, cheap sale, worth to buy

Posted by Tancheesiong111 > 2017-11-15 15:39 | Report Abuse

Buy 1.39

Posted by Tancheesiong111 > 2017-11-15 17:03 | Report Abuse

1.40 buy...

Posted by Banana John > 2017-11-15 19:26 | Report Abuse

now I recall why star drop like no tomorrow.... remember there was dim sum channel rollout by the Star? seems lost a lot of money

Tanleechoo

393 posts

Posted by Tanleechoo > 2017-11-15 23:34 | Report Abuse

Agree .. How to compete with Astro or TM

Posted by Richard Lim > 2017-11-16 08:13 | Report Abuse

Hello sifus and gurus. I am a newbie.

Do you think Star may be planning to de-list?

They may purposely push down prices so that they can acquire shares cheaply. Am I right to say that a PLC requires only 25% public spread to de-list? Now Star has about 42% to 43% equity..it may need to buy more and more at lower prices.

I believe Star has plenty of assets- its big printing plants in Penang, Shah Alam, Menara Star bought for RM62 million cash years ago but should be worth double or triple now etc (forget the book value which often writes down the value)

Don't you think minority shareholders as always will suffer? Is de-listing actually a scam besides the pros and cons?

Sin Chew, Nanyang, NSTP have all been de-listed.

Please comment.

Posted by Tancheesiong111 > 2017-11-16 10:14 | Report Abuse

Buy 1.35 ...

rojakmee

1,158 posts

Posted by rojakmee > 2017-11-16 14:41 | Report Abuse

run guys, the downtrend will never stop

Posted by terencechuah > 2017-11-17 10:22 | Report Abuse

Lousy share no support at all. EPF keeps selling push the share prices down. Can below par value like Media Corp. Buyer less seller more. Feel been cheated thought it's a fundamental share. Shame on MCA share, no support.

Posted by terencechuah > 2017-11-17 10:23 | Report Abuse

Don't trust, big fish eat small fish

Posted by Tancheesiong111 > 2017-11-17 11:26 | Report Abuse

1.30 coming soon

vivabursa

594 posts

Posted by vivabursa > 2017-11-17 11:31 | Report Abuse

Price now below Net Asset

apolloang

18,163 posts

Posted by apolloang > 2017-11-17 11:38 | Report Abuse

KEN lagi murah yet cannot up.....NTA 1.56 profit up more than 30%.....ini bursa no cakap fundamentals one....all manipulation,stock cornering,pump and dump activities only

rojakmee

1,158 posts

Posted by rojakmee > 2017-11-17 13:51 | Report Abuse

Its not pump and dump, just that star has lost its FA

Posted by TheLegend27 > 2017-11-17 14:44 | Report Abuse

social media is faster than the star. the star classified getting thinner and thinner. no one wanna advertise with them?

Posted by terencechuah > 2017-11-17 17:34 | Report Abuse

Have to wait for EPF selling out all their share before it can go up. Like HengYuan(Shell) EPF selling their share until lowest 1.90 takeover by Taiwanese company now 10.40 within few months.

Tanleechoo

393 posts

Posted by Tanleechoo > 2017-11-17 18:38 | Report Abuse

What is the future of Star business model ... ? Printing media is hard to survive n less n less will advertise on this media .. Luckily sold some n forgo the 36 cts dividend

faizkl

268 posts

Posted by faizkl > 2017-11-20 18:22 | Report Abuse

The 3th qtr report is out, impressive..

Syndicates

875 posts

Posted by Syndicates > 2017-11-20 19:25 | Report Abuse

MCH I cut loss before result release. Stupid EPF please do ur own research before selling lah!!

RainT

8,448 posts

Posted by RainT > 2017-11-20 22:39 | Report Abuse

One off item

If take out , Star is making loss actually

The one off item is gain on disposal of subsi

Posted by Ah Kow, Ali dan Muthu > 2017-11-20 22:49 | Report Abuse

Sold all today. Still down trend..

Prudent2

58 posts

Posted by Prudent2 > 2017-11-21 08:35 | Report Abuse

Star is positive at RM13.61mn excluding the one off gain.
NTA RM1.39 and cash and cash equivalents at RM698mn.
Have a Happy Day ...

faizkl

268 posts

Posted by faizkl > 2017-11-21 12:24 | Report Abuse

It will rise again, luckily bought yesterday.. huat arrr..

Posted by Tancheesiong111 > 2017-11-21 16:54 | Report Abuse

Collecting 1.35...

Posted by Tancheesiong111 > 2017-11-21 16:54 | Report Abuse

Coming soon

Posted by Banana John > 2017-11-21 18:36 | Report Abuse

it won't go up as you see the revenue drop significant. that's trap. unless star found new business model to generate revenue.... otherwise Holland waiting

Posted by HiTekHeretik > 2017-11-22 14:57 | Report Abuse

STAR's fundamentals remain weak and TA Securities' analysis of 21 Nov 2017 forecasts it's target price as RM1, whilst other analysts elsewhere forecast a TP of around RM1.60 or even RM1.80.

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=6084

Anyway, the price looks like it could go through a short rebound, which would be an opportunity for traders but be careful.

The major problem which has affected news media (print, web-based and/or digital) is that whilst print circulation and readership is moving to web-based and/or digital, however the rate of growth of web-based and digital advertising revenue has been found to be between one tenth and one eighth of the rate of decline in print advertising revenue, which is a dilemma and an unsustainable situation for news media in the United States.

http://itsheiss.blogspot.my/2015/03/more-on-slow-but-steady-decline-of.html

http://itsheiss.blogspot.my/2014/06/us-newspaper-ad-revenue-continues-to.html

http://itsheiss.blogspot.my/2014/07/mobile-advertising-market-soars-but-do.html

Whilst this trend impacted news media in the US earlier on, it is now impacting Malaysia which recently had 2.7 million fixed broadband subscribers and 28 million mobile broadband subscribers as of Q3 2016.

https://www.malaysianwireless.com/2017/01/mcmc-malaysia-telecommunications-3q16/

Even Singapore Press Holdings has recently announced a retrenchment of staff.

http://itsheiss.blogspot.my/2017/10/media-content-everywhere-but-wheres.html

http://itsheiss.blogspot.my/2017/10/free-malaysia-today-seems-to-think-that.html

The sale of its stake in Cityneon was a shot in the arm for STAR this quarter but unless STAR can find another profitable revenue stream, I'm afraid the "Titanic" will continue to slowly settle lower and lower in the water and eventually below the waves unless MCA keeps pumping money in to keep STAR afloat.

Yesterday, 21 November was quite a roller coaster for STAR with its price opening up at RM1.42 from its close at RM1.37 the previous Friday, hitting an intra-day high of RM1.44, then closing down back to square one at RM1.37.

However, today it opened 1 sen up at RM1.38 and has held at that price for most of the morning with people buying at the seller's price of RM1.38 since 11:00:17 am and even after 2:30 pm. Bidders also outnumber sellers overall, so it looks like buying pressure has come in. So it looks like STAR's share price is on a rebound but once again be alert to any signs of downtrend which may occur.

I bought at RM1.37 and am watching STAR closely and will throw if there are any signs that the expected rebound falters.

Still at RM1.38 as of 14:52:52

Posted by terencechuah > 2017-11-23 09:43 | Report Abuse

EPF still disposed their share, how to rebound, until EPF no longer share holder, it's time to rebound.

ABSBOSS

904 posts

Posted by ABSBOSS > 2017-11-23 10:33 | Report Abuse

agreed

Posted by terencechuah > 2017-11-23 12:15 | Report Abuse

Need to wait till EPF force selling its share below RM1 and cease its shareholder, its time to pick up this stock, on safe side.

rojakmee

1,158 posts

Posted by rojakmee > 2017-11-23 21:21 | Report Abuse

Its a loss making company with incompetent management, worth only 30 cents

ABSBOSS

904 posts

Posted by ABSBOSS > 2017-11-24 02:24 | Report Abuse

rojakmee better put 5 cents aja... do you think star management too stupid to let their shares becoming penny stocks

Mioxi

551 posts

Posted by Mioxi > 2017-11-24 09:58 | Report Abuse

Tenggelam star...already buried under sand...date not to blog here anymore...LOL

Mioxi

551 posts

Posted by Mioxi > 2017-11-24 09:58 | Report Abuse

Below 1.60.....hit my TP predicted earlier

Mioxi

551 posts

Posted by Mioxi > 2017-11-24 09:59 | Report Abuse

After next GE...BELOW RINGGIT REMARK

Posted by Tancheesiong111 > 2017-11-24 15:08 | Report Abuse

Collecting 1.35...

huzyasma

36 posts

Posted by huzyasma > 2017-11-25 23:21 | Report Abuse

EPF sell or buy star share ?

apolloang

18,163 posts

Posted by apolloang > 2017-11-25 23:29 | Report Abuse

for long term 1.35 is a good buy.slow slow can fishing if down more

Posted by terencechuah > 2017-11-27 07:14 | Report Abuse

After distribution of 30c div, share fell until now. Loss making company, Corporate company like EPF start selling it's own share even director sell also. MCA picking it's own stock. May drop further become penny stock.

JamesChai

88 posts

Posted by JamesChai > 2017-11-27 10:24 | Report Abuse

bought at 1.35

rojakmee

1,158 posts

Posted by rojakmee > 2017-11-27 15:32 | Report Abuse

its a penny stock, run fast

Posted by HiTekHeretik > 2017-11-27 16:17 | Report Abuse

Dumped at RM1.35 on Friday. I was wrong about the possibility of a brief rebound, even a dead cat bounce. Trading between RM1.34 and RM1.35 now, looks like STAR is heading south.

huzyasma

36 posts

Posted by huzyasma > 2017-11-28 12:47 | Report Abuse

star ia the best diveden yield COM average five years....FUNDAMENTAL ALSO STRONG ...FUTURE BUSINESS ALWAYS GOOD ... DON'T WORRY FOR LONG TERM TRADERS

huzyasma

36 posts

Posted by huzyasma > 2017-11-28 12:49 | Report Abuse

waiting for jerung play the price ...and we follow them...

andr

458 posts

Posted by andr > 2017-11-28 19:27 | Report Abuse

Long term support 1.2

Post a Comment
Market Buzz