Posted by Value888 > 2020-07-24 08:35 | Report Abuse

Star is sitting on pile of cash, is they intend to develop existing site, they are more than capable of doing it. Current site has not been revalued for long i think. This asset alone already worths investing in Star.

Posted by Nkk1370 > 2020-07-24 17:17 | Report Abuse

I am sure the mgnt is looking at various ways to maximise the value of its assets such an jv, rental or outright sales. Such deal already started with the Genting Sampah land few mths back

Posted by RainT > 2020-07-29 15:23 | Report Abuse

value trap
selling continue

Posted by RainT > 2020-07-29 15:24 | Report Abuse

high cash then ?

cannot make profit

Posted by RainT > 2020-07-29 15:24 | Report Abuse

think have a news about star

say that it cash cannot last long if continue make loss

Posted by RainT > 2020-07-29 15:25 | Report Abuse

can last 1 or 2 years only

by that time cash also finish

Posted by Nkk1370 > 2020-08-03 11:07 | Report Abuse

Add 0.34 and hold

Posted by winmal > 2020-08-06 10:45 | Report Abuse

cash in hand at RM0.52 per share

Posted by whitebunny > 2020-08-06 10:47 | Report Abuse

what happened today?

Posted by winmal > 2020-08-06 15:14 | Report Abuse

something brewing... engine just start. TP 0.7

Posted by whitebunny > 2020-08-06 15:27 | Report Abuse

do you know any news?

Posted by winmal > 2020-08-06 15:57 | Report Abuse

now print business have convert to digital ... assets will monetisation later declare dividend to rewards shareholders

Posted by whitebunny > 2020-08-06 15:58 | Report Abuse

winmal you got the news from insiders?

Posted by winmal > 2020-08-06 16:01 | Report Abuse

during pandemic .. media consider essential services not big impact..

Posted by whitebunny > 2020-08-06 16:05 | Report Abuse

they finally revalued their assets to current market value? thanks for the info. I have invested quite a bit into this counter

Posted by Nkk1370 > 2020-08-06 17:47 | Report Abuse

Some signals on the uptrend

Posted by whitebunny > 2020-08-07 20:58 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3075774

Posted by whitebunny > 2020-08-08 01:16 | Report Abuse

"The High Court has amongst others, ruled that Star Media Group be paid damages by JAKS Resources Berhad, being late payment interest at the rate of 8% per annum on the Balance Purchase Price of RM134,500,000.00 from 25 October 2015 to 6 July 2020 with late payment interest to continue running from 6 July 2020 to the date JRB completes or cause to be completed JAKS’s obligations under the SPA namely the full and complete delivery of the Company's Entitlement in full and proper compliance with the terms of the SPA." - Company announcement on 7 Aug 2020. Link: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3075774

Posted by winmal > 2020-08-08 08:03 | Report Abuse

legal tussle with Jack had drag STAR share price down. Great news court ruled RM134 mullions + 50 millions late interest which equivalent to 25 cents per share. currently cash in hand of RM0.52 + RM 0.25 =RM 0.77 cents per share. Star can declare special dividend to reward shareholders. Bear in mind late interest still continues until completion of development. each month delay is cost late interest of around RM 900K per month or RM10 millions per year. Monday limit up

Posted by winmal > 2020-08-08 08:08 | Report Abuse

share with high safety of margin which his NTA RM1.10

Posted by thesteward > 2020-08-08 08:16 | Report Abuse

Winmal you are right !!! Hope to see star at least 80 sen soon

Posted by winmal > 2020-08-08 08:24 | Report Abuse

current share price RM0.365 + RM0.30 = RM 0.765 nor even his cash in hand + FOC for his business & assets without revalued worth more than RM600 Million. Good luck to those who invested & faith to Star

Posted by Ex7121 > 2020-08-08 12:07 | Report Abuse

MCA pls take it private, an eye sore counter in Bursa, with market capital tremendously lower than total assets

Posted by stockraider > 2020-08-08 12:12 | Report Abuse

Wah book in the extra compensation that means Rm 50 miilion profit...STAR will gain big profit loh..!!

Must buy mah...Net cash Rm 0.52 per share mah....!!

Posted by whitebunny > Aug 8, 2020 1:16 AM | Report Abuse

"The High Court has amongst others, ruled that Star Media Group be paid damages by JAKS Resources Berhad, being late payment interest at the rate of 8% per annum on the Balance Purchase Price of RM134,500,000.00 from 25 October 2015 to 6 July 2020 with late payment interest to continue running from 6 July 2020 to the date JRB completes or cause to be completed JAKS’s obligations under the SPA namely the full and complete delivery of the Company's Entitlement in full and proper compliance with the terms of the SPA." - Company announcement on 7 Aug 2020. Link: https://www.bursamalaysia.com/market_information/announcements/company...


Posted by winmal > Aug 8, 2020 8:03 AM | Report Abuse

legal tussle with Jack had drag STAR share price down. Great news court ruled RM134 mullions + 50 millions late interest which equivalent to 25 cents per share. currently cash in hand of RM0.52 + RM 0.25 =RM 0.77 cents per share. Star can declare special dividend to reward shareholders. Bear in mind late interest still continues until completion of development. each month delay is cost late interest of around RM 900K per month or RM10 millions per year. Monday limit up


Posted by winmal > Aug 8, 2020 8:08 AM | Report Abuse

share with high safety of margin which his NTA RM1.10

Posted by winmal > 2020-08-08 21:10 | Report Abuse

STAR have transforming his traditional print Media to Digitalize business. Also strive to monetisation his assets (Property assets) which via JV & disposal. Currently Co. is seeking strategy business acquisition to foster his business profitability. as of today Star still continue declare dividend. indeed, the proceeds of assets disposal will use to declare special dividend as MCA needs money for imminent GE.

Posted by RainT > 2020-08-10 09:11 | Report Abuse

mua mua

Posted by villa1668 > 2020-08-10 10:10 | Report Abuse

Sunset biz

Posted by Nkk1370 > 2020-08-10 10:12 | Report Abuse

Hold till it reaches it's cash value

Posted by Donator > 2020-08-10 15:08 | Report Abuse

i heard that this counter will goreng till 50 sens...is this true?

Posted by KGminus > 2020-08-10 15:21 | Report Abuse

Definitely one of the counters to look at, with great NTA.

Posted by winmal > 2020-08-10 15:44 | Report Abuse

few million share buyback by STAR for price range of RM.38 - RM0.395

Posted by tumbler > 2020-08-10 15:46 | Report Abuse

No need glory. Just goreng until 75 cents within one month enough.

Posted by whitebunny > 2020-08-10 19:47 | Report Abuse

Winmal where you get the news?

Posted by doll > 2020-08-12 18:15 | Report Abuse

Used to read the star until they forced peeps to subscribe for 1 month free trial, even for general news. and expect people to continue subscribing?

Posted by apolloang > 2020-08-12 18:16 | Report Abuse

then read nst lo....hehe.boycott star lo

Posted by doll > 2020-08-13 19:38 | Report Abuse

Already lo. Now got so many portals scare what

Posted by RainT > 2020-08-21 15:55 | Report Abuse

who still buy hard copy Star papers and read it daily?

Posted by tumbler > 2020-08-21 18:54 | Report Abuse

Me.

Posted by linheng > 2020-08-23 04:52 | Report Abuse

Posted by RainT > Aug 21, 2020 3:55 PM | Report Abuse
who still buy hard copy Star papers and read it daily?
I do. Already 48 yrs reading Star. Quality had gone done tremendously.
I finish reading in less than 10 minutes.
Cannot stand the comments by 2 political columnist.
1. Joseline Tan
2. Sabahan Philip
Lately the Star Biz had also start writing nonsense.
Remember those article on Oil & Gas company. Oil had recovered from
below USD30 to above USD40. Now they write as if Oil is doom.
Frankly the DIMSUM is also a failure. So hard to instal on Andriod TV.
I had no problem instaling Netflix and even free China cable TV.
Call and email the Dimsum Team many times but no response.
As for the management team, the Wong Chun Wai guy although retired ( got some travel packages thrown in for retirement) seems to have power still. The new CEO got to run before his reputation is down the drain. The chairman is still the expired politician who goes for the benefits.

Posted by linheng > 2020-08-23 04:58 | Report Abuse

For this counter, the obvious lure is the assets. Problem is that we the small shareholders can only hope that this assets does not disappear. I am still holding those that cost 90+ cents per share.
When it drop below $1, I thought its a good buy. It went below $0.50 and I buy more. Went down all the way to below $0.30. Luckily I buy more and managed to sell all this at above 40 cents when co launch a share buyback program.

Posted by novice2020 > 2020-08-24 17:39 | Report Abuse

This is one stock that needs different investment strategy. For those who think differently will be well rewarded.

Posted by Jeffreyteck > 2020-08-25 08:25 | Report Abuse

Sayonara, another Q losses is expected?

Posted by Nkk1370 > 2020-08-25 09:35 | Report Abuse

Bought fr. low of 0.34 to high of 0.40,still holding and waiting for good news, if any?

Posted by longvalley > 2020-08-26 18:59 | Report Abuse

...... layan tetap layan....!

Posted by AlexZai > 2020-08-27 17:39 | Report Abuse

Internal bleed run

Posted by Moneyking543 > 2020-08-27 17:54 | Report Abuse

HKC d

Posted by linheng > 2020-08-28 08:00 | Report Abuse

See no road ahead. Chairman and board of directors just take gaji and slowly bleed the company. No action to implement change.
Susah

Posted by kabam88 > 2020-08-28 12:28 | Report Abuse

https://www.theedgemarkets.com/article/cgscimb-are-stars-aligned-privatisation-star-media

Posted by whitebunny > 2020-08-28 12:44 | Report Abuse

kabam88 interesting

Posted by sengkee > 2020-08-28 14:48 | Report Abuse

CIMB TP is 52 cents. So high