Posted by WinnerTime > 2018-10-09 17:25 | Report Abuse

now both party got chance to say what they want haha

Posted by Atikah22 > 2018-10-09 17:45 | Report Abuse

Sell. TP 10c.

Posted by shareinvestor88 > 2018-10-12 11:31 | Report Abuse

Atikah , are u buying ?

Posted by shareinvestor88 > 2018-10-12 22:38 | Report Abuse

Sell TP 50c

Posted by nkk53 > 2018-10-15 10:17 | Report Abuse

Plan to buy back 0.70

Posted by guanteik > 2018-10-15 20:51 | Report Abuse

This counter is totally hopeless

Posted by apolloang > 2018-10-15 20:52 | Report Abuse

useless mah change to ken lo......hahaha

Posted by BlackWhite > 2018-10-18 20:06 | Report Abuse

Dear all, imagine this all our newspaper comp close shop , will the government want or allow that to happen. No newspaper in Malaysia Baru. Who would want to set a new newspaper anyway. So star. N other need to a float . Sure Government will save them

Posted by BlackWhite > 2018-10-19 18:15 | Report Abuse

Drop again no eye see

Posted by shareinvestor88 > 2018-10-19 22:07 | Report Abuse

Sell TP 50c

Posted by MCA_ > 2018-10-19 23:17 | Report Abuse

Wee: In Kit Siang's eyes, is everyone with an opinion now a cybertrooper?
Read more at https://www.thestar.com.my/news/nation/2018/10/19/wee-in-kit-siangs-eyes-is-everyone-with-an-opinion-now-a-cybertrooper/#M4szE15KUDmTKBVr.99

Posted by rojakmee > 2018-10-22 18:20 | Report Abuse

Poorly managed company, everyone eating inside with so much hanky panky going on, newsprint cost at all time high, better to dump all , dont bet will will recover becsuse it never will

Posted by rojakmee > 2018-10-22 18:20 | Report Abuse

Will be 20 cents just like utusan, better to dump now

Posted by rojakmee > 2018-10-22 18:26 | Report Abuse

See my earlier comments when star was at rm2.30

Posted by nkk53 > 2018-10-24 15:20 | Report Abuse

0.70 is still worth buying due to its assets

Posted by shpg22 > 2018-10-25 12:16 | Report Abuse

BlackWhite Dear all, imagine this all our newspaper comp close shop , will the government want or allow that to happen. No newspaper in Malaysia Baru. Who would want to set a new newspaper anyway. So star. N other need to a float . Sure Government will save them

Do not confuse survival and with share price. No one doubt that STAR will survive for at least another 10 years, but by then the share price may already drop to 0.10.

Posted by shareinvestor88 > 2018-10-27 09:59 | Report Abuse

Sell tp 20c

Posted by TheContrarian > 2018-10-27 11:11 | Report Abuse

Star share price so much lower than Star newspaper price, hahahaha. People pays RM1.30 for a weekly copy of The Star but wouldn't pay above 75 sen for a share in Star.

Posted by geraldt9 > 2018-11-02 08:04 | Report Abuse

NTA level @Rm 1.13 ...quite attractive.

Posted by Logan Yeo > 2018-11-02 11:38 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/10/29/cimb-research-upgrades-star-media-group-to-add-tp-rm1pt20/

Posted by WinnerTime > 2018-11-05 16:35 | Report Abuse

@shareinvestor88, are you still waiting for TP 0.20? You have missed the boat

Posted by WinnerTime > 2018-11-05 16:37 | Report Abuse

See my early comment, those who has purchased has reap a lucrative amount by now

Posted by cyeec2000 > 2018-11-05 16:44 | Report Abuse

Star is severe undervalued..

Posted by guanteik > 2018-11-06 14:37 | Report Abuse

I’m looking forward the new TP. Given the share price has been undervalued, we’re hoping it will raise again

Posted by ivan9511 > 2018-11-06 17:35 | Report Abuse

yes easyn money lucky call buy a few times will bottomm


ivan9511 as I said buy when lowest , see now going up already
yes my
Star
09/10/2018 16:25
X
ivan9511 Star
09/10/2018 16:25

Posted by tnang > 2018-11-09 14:27 | Report Abuse

Net Cash 480M. long list of property and land.

Posted by chamlo > 2018-11-10 04:27 | Report Abuse

If buy bec of property better buy property counters eg Ewein, Ivory hehe.

Posted by chamlo > 2018-11-10 04:27 | Report Abuse

QR weak. Overstaffed. Even EPF cut loss.

Posted by tnang > 2018-11-12 11:01 | Report Abuse

someone selling, EPF?????

Posted by rojakmee > 2018-11-12 22:34 | Report Abuse

FV 0.20 cents, better get out while you can, newsprint cost at all time high, huge adex drop

Posted by rojakmee > 2018-11-12 22:37 | Report Abuse

Will report huge losses this time for sure

Posted by BlackWhite > 2018-11-18 15:06 | Report Abuse

Well the old ship still got a lot of bolts n nuts can afloat for some time

Posted by MCA_ > 2018-11-18 16:44 | Report Abuse

‘Claim a cheap shot by Loke’
https://www.thestar.com.my/news/nation/2018/11/18/claim-a-cheap-shot-by-loke-vigneswaran-bringing-up-dress-code-violation-at-klia-is-cheap-publicity/

Posted by Ex7121 > 2018-11-29 21:07 | Report Abuse

Mca, take your star private la, then sell all assets before selling the news business to Vincent to inject into bjmedia, sure make good money for you to buy vote in the next GE. Lol

Posted by Donald Hian > 2018-12-01 13:30 | Report Abuse

At last, the reporter is gone... hope BOD will look for a smart and intelligent entrepreneur 'type who put most emphasis on sales and marketing as the next CEO... never appoint a forthright and blunt accountant who comes looking for salt in the sands...

Posted by MCA_ > 2018-12-01 13:39 | Report Abuse

Sales lowest ever. DAP can buy over our stake?
https://klse.i3investor.com/servlets/stk/fin/6084.jsp

Posted by MCA_ > 2018-12-02 13:08 | Report Abuse

MCA looks to Taiwan mayor to plot its political comeback
https://www.malaysiakini.com/news/454325

Posted by apolloang > 2018-12-02 15:09 | Report Abuse

as long as mca still holding a large portion surely cannot up.....hehe

Posted by rojakmee > 2018-12-10 16:16 | Report Abuse

Wait for 20 cents

Posted by commonsense > 2018-12-10 16:18 | Report Abuse

The only reason for investors to stay invested in this company is mainly due to the high value of its net tangible assets which currently is around RM1.14 per share. The value is actually a lot higher given that all of the properties are still values based on acquisition price which mostly are acquired more than 10 to 20 years ago . It is safe to say that the NTA is actually closer if not more than RM2 per share.

In term of earning, there is actually almost none. Even the RM2.5mil PBT recorded in 3Q comes mainly from other income (such as gain on disposal ) and not the operation of the company. Without other income, PBT for 3Q18 would have been negative RM6mil. The only bright spot in the company business is the Digital segment which grew by 17% during the quarter. Investors will need to wait for for some time before it can provide a meaningful profit to the company.

For those already invested in the company, they will need to wait and see what are the management plans in order to unlock some of the asset value. The only way i can think off is to just sell the assets and then pay special dividend to investors. But in order to do so they will have to scale down their printing business as the biggest values lies in their current office buildings and their printing plant. I don't think they can do that anytime soon (at least not in FY19). The process might take longer.

If you are hoping for a better earnings going forward, then i think you need to be prepare to hold on to the investment a bit longer given that the current main business (printing, ads and radio) will almost certainly deteriorate even further. Digital is where the growth will be but it will take some time before it can replace the revenue (and profit) that the original businesses provided previously.

In both cases (unlocking asset value & growth from digital), you need to have a longer investment horizon.

For those that are interested to invest in this company, i would suggest you wait for management to indicate what the new plan will be. In the short and mid term, the company will most probably record disappointing results.

For those looking to divest some of their portfolio outside of the Media industry, I would recommend them to look at MBMR (https://klse.i3investor.com/servlets/stk/pt/5983.jsp).' target='_blank'>https://klse.i3investor.com/servlets/stk/pt/5983.jsp).

The company is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.0x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions.

Hope management can provide investors with a firm plan on how to unlock some of the assets value. I believe their decision to focus on digital is the right way forward but investors need to be patient with the division results. it would take some time before meaningful earning can be made.

Good luck.

Posted by rojakmee > 2018-12-11 11:12 | Report Abuse

Wait for 20 cents

Posted by 4444 > 2018-12-12 04:14 | Report Abuse

Lousy paper. No wonder sales keep dropping. Cannot even highlight what's the main reason people dump BN first time in 61 years.

Posted by shpg22 > 2018-12-14 12:13 | Report Abuse

My estimate, by 2020 start to make loss d.

Posted by MCA_ > 2018-12-18 05:36 | Report Abuse

Is Msia getting better under new govn?

Posted by signalmw > 2018-12-18 07:44 | Report Abuse

The S

Posted by Bobii > 2018-12-18 08:20 | Report Abuse

MCA deserve to die

Posted by Bobii > 2018-12-18 08:20 | Report Abuse

I mean their company

Posted by Thepainfultruth > 2018-12-18 22:25 | Report Abuse

Dropped 5% today

Posted by BN_better > 2018-12-31 16:17 | Report Abuse

Tomorrow must highlight if change of govn really good.

Posted by OngMoneyOng > 2019-01-02 23:14 | Report Abuse

Oh GG lol