Why worry...cash per share is 42 cents and if includes its land bank value will be 82 cents as per analyst reports days ago. Checked quarterly report its cash reserve is a whopping RM110 million with zero short term and long term loan.
Don't Think share price will go anywhere as ASB got 9% to sell down. Co buyback also stop for sometime. Average buyback price is much lower than current
It has been paying dividend ..minimum was 2 cents for year 2020 and the yield is 5% plus. Why scare to buy ! Buy will never regret for the simple reason that the investment is sure to gain, . HaHa !
Star together with Matang are owned by MCA. Will jaga baik baik to prevent losing in election again. In fact all along Star has been well run and managed ..what to do all other media companies are facing heavy losses but Star can withstand the economic downturn due to its healthy financial position. NO WORRY AND REGRET TO BUY.
Can close shop. I read Star since I was 17. Now 64. Now I finish paper in less than 10 minutes. Columnist like Joseline Tan write nonsense and is still on payroll The Sabah guy Philips is starting to write political nonsense too. They should know that the majority of STAR subscribers are not Perikatan supporters. Why don't concentrate on facts instead of trying to do propaganda
NTA of the company is 109 cents. Considering that the valuation of its properties were carried out many years ago. The actual value of each share should be closer to 150 cents or higher. This stock is deeply undervalue. Upside potential is substantial... . catch it before it is too late.
Burning cash for politics. Starbiz also got funny headline regarding Airasia 1st Q results. Headline on 2+B revenue. Loss of 803m in small print. What kind of business reporting
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
RainT
8,448 posts
Posted by RainT > 2020-06-01 11:14 | Report Abuse
@shpg
so easy & simple ah
STAR sell all assets and we get RM1.20 for per share ? ban ban tan la