Posted by Donator > 2023-04-18 15:55 | Report Abuse

i sell at my TP 0.50 ... is it sell too low price? :-(

Posted by dompeilee > 2023-04-18 16:53 | Report Abuse

Amanahraya bo-doh must be a MAJOR seller 2day lol

Posted by Dakewlest > 2023-04-18 17:11 | Report Abuse

Sifu, can hold until what price?

Posted by cherry88 > 2023-04-18 17:56 | Report Abuse

refer to Warran Buffett's advise.....

Posted by sky888888 > 2023-04-19 00:24 | Report Abuse

hopefully this week can go until 0.60+ ~

Posted by FlyingEagle > 2023-04-19 08:29 | Report Abuse

股票是守出来的，一点也不错。

Posted by nelsonlim > 2023-04-19 11:35 | Report Abuse

so privatise failed ady?

Posted by speakup > 2023-04-19 12:40 | Report Abuse

Newspaper is a sunset industry, no way anybody will want to take it private

Posted by speakup > 2023-04-19 12:43 | Report Abuse

IF I got rm1BILLION ringgit, I won't even take Star private.
There are so many better privatisation candidates: insas, osk, mphbcap, kseng, icap

Posted by Donator > 2023-04-19 17:20 | Report Abuse

will it go up again? :-(

Posted by T1T4N > 2023-04-20 17:09 | Report Abuse

holding strong.

Posted by sunnyguy > 2023-04-20 20:31 | Report Abuse

Good news: ASB had sold all Star on 18/4/23.

Posted by genintrade > 2023-04-20 21:26 | Report Abuse

why ASB sold all is good news?

Posted by DaisyWhite92 > 2023-04-20 21:55 | Report Abuse

is there any potential can fly?

Posted by speakup > 2023-04-21 09:58 | Report Abuse

ask yourself: do u subscribe to Star newspapers? do you?
if No, then the answer is obvious. You like most malaysians nowaday dont buy newspapers anymore, all read online news. just goes to show newspaper (theStar) is a dying business

Posted by dragon328 > 2023-04-21 12:02 | Report Abuse

I still buy Star newspapers even though the cover price has increased from RM2.00 to RM3.00, most of existing readers I believe will continue buying it as Star is by far the No. 1 English paper in Malaysia.

Star newspaper readership/circulation has dropped tremendously from about 1.0 million per day to now less than 200,000 per day, hence the remaining 200,000 readers are hardcore subscribers, mostly English educated bosses, offices, hotels, corporates and retirees.

Since it raised the cover price, I find that Star papers have increased a lot of new contents, mainly in StarBiz and Star 2 sections. Especially in the daily Star Biz section, I am happy to see a lot more business and finance news from abroad as well as more renowned columnists with more in-depth comments on the business trend and finance world.

Posted by dragon328 > 2023-04-21 12:16 | Report Abuse

If we assume daily circulation to remain at 200,000, the increased cover price will add 200,000 x 365 x RM1.00 = RM73 million of revenue per year to Star.

Even if we assume a 10% drop in daily circulation after the cover price hike, it will still add RM73m - 20,000 x 365 x RM3.00 = RM73.0m - RM21.9m = RM51 million of revenue p.a.

And I think the bulk of the increased revenue will flow directly to the bottom line.

Due to the increased contents after the cover price hike, costs will go up for sure. Assuming 20% increase in total costs (paper and content costs) or RM0.40 per paper (earlier RM2.00 cover price was just enough to cover costs, so I assume total costs are at RM2.00 per paper), then cost increase will amount to 180,000 x 365 x RM0.40 = RM 26 million.

So all in, Star will see an increase in earnings of minimum RM25 million p.a. after the price hike.

As Star is already in net cash position with total cash of almost 50 sen per share, it will be able to increase dividend payouts after the cover price hike as operating cashflows will increase to over RM30 million a year, which may be declared as dividends in full or 4.5 sen per year.

Posted by jwyap > 2023-04-22 17:18 | Report Abuse

Why we buy star. 1st. Cash in hand around net cash rm 300million. 2nd ,property under value more than 100million of its market now a day . 3rd , ASB sold out all and sure changed hand to Big Shark. 4th , courts case against with Jak will collect back 40million. 5th although Star new paper revenues had been lowest, but the market price increased from rm2 to rm3 per copy.7th , Star which the worst time was over.and so it could be profitable again since 2022 and div pay. (1ct). 8th . My tp 150. Buy for yr own risk.

Posted by sunnyguy > 2023-04-22 23:13 | Report Abuse

@genintrade: My own opinion: As ASB intended to sell its stake in Star (ASB had started to dispose Star slowly since few months back), then after it disposed all Star holding, then at least will eliminate a party that will always try to sell the Star share.

2nd: I think there is another big leg or perhaps is Huaren Holding that bought the big amount Star that disposed by ASB (let's wait for another few days, see whether Huaren Holding will make announcement on this acquisition).

Posted by stockraider > 2023-04-23 12:39 | Report Abuse

Cash per share 49 sen v share price 47 sen....Still cheap loh!

Posted by speakup > 2023-04-23 14:48 | Report Abuse

Insas better. Insas cash per share rm1.10 vs share price 84¢.

Posted by stockraider > 2023-04-25 11:29 | Report Abuse

Both also can buy loh!

Just believe in the wisdom of Tong Kooi Ong mah!

Posted by speakup > 1 day ago | Report Abuse

Insas better. Insas cash per share rm1.10 vs share price 84¢.

Posted by Dakewlest > 2023-04-25 17:15 | Report Abuse

Baru lepas tengok senarai aset SMG. Banyak aset tak revalue. Bayangkan kalau buat revaluation, berapa nilai semasa (market value), aset2 tersebut.

Posted by stockraider > 2023-04-25 17:28 | Report Abuse

Lu tau boh ??

Just imagine Star naik everyday 0.5 sen to 3.0 sen for the next 2 mths.....what will be price of star leh ??

This new price still not overvalue mah!

Posted by sunnyguy > 2023-04-25 22:20 | Report Abuse

The Edge still continue buy Star after 18/4/23?

The transaction volume this few days (including today) looks abnormal for Star.....

Posted by yiqqre > 2023-04-26 09:19 | Report Abuse

Will it be like Menang and Salute has new shareholders joining and the stock price has soared.

Posted by icecool > 2023-04-26 09:20 | Report Abuse

limit up ?

Posted by 5354_ > 2023-04-26 09:24 | Report Abuse

Star has gone up 100% from low how about other publication companies like Media Prima or Media Chinese, why still not moving?

Posted by willc48 > 2023-04-26 09:25 | Report Abuse

dun be happy. it will drop again. some investors trying to play the market. Star has nothing to shiw. Its book also not good.

Posted by bojed > 2023-04-26 09:28 | Report Abuse

Bought at 0.605 today.

Hopefully can break 0.63.

Posted by bojed > 2023-04-26 09:29 | Report Abuse

Looks quite unlikely though hahaha

---------------------------------------------------------

bojed

Bought at 0.605 today.

Hopefully can break 0.63.

0 seconds ago

Posted by 5354_ > 2023-04-26 09:30 | Report Abuse

I don't buy Star every day but I watch TV3 or TV8 every day.

Posted by 9vegetable > 2023-04-26 09:34 | Report Abuse

goreng stock together with theedge ?

Posted by stockraider > 2023-04-26 09:36 | Report Abuse

Veli, veli, veli strong mah!
Good buy loh!

Posted by bojed > 2023-04-26 09:38 | Report Abuse

Sold at 0.595 for 2% loss lol! 19% profit from Salutica for today ain't that bad.

Posted by 5354_ > 2023-04-26 09:40 | Report Abuse

Tong Kooi Ong not a trader? What if he sell today?

Posted by stockraider > 2023-04-26 09:42 | Report Abuse

If Tong sell...U sell loh!

I will follow him, wherever he go mah!

Posted by Donator > 2023-04-26 09:44 | Report Abuse

hoseh...all in

Posted by 5354_ > 2023-04-26 09:48 | Report Abuse

Donator why donate to rich people like Tong Kooi Ong? Please help other stocks also.

Posted by 5354_ > 2023-04-26 09:51 | Report Abuse

If newspaper penggoreng like; please help to push Media Prima and MediaC also.

Posted by dompeilee > 2023-04-26 09:52 | Report Abuse

Amazing! I was stuck with 4k STAR from 1.75 down to 0.745 bought from '17-'19, then averaged down 3k @ 36c in '20, another 3k @ 35.5c in '21, then casually bought another 3.3k @ 31-32c in the 1st 3 mths this year, prepared for the LOOOOONG HAUL...bringing my average down to 59.72c, still very high relatively.

If I had missed even ONE of the later purchases, my avg would have been 62c or higher & wouldn't be profitable even at the peak this morning. As it turned out, I took this opportunity to SELL 2.8k from 60.5c to 62.5c to reverse a paper loss that was $3.6k (-45%) as recently as last month !!!

Posted by dompeilee > 2023-04-26 10:00 | Report Abuse

Still got chance to go higher so I'll likely keep the rest till the ex-div date... :)

Posted by 5354_ > 2023-04-26 10:04 | Report Abuse

Kenanga(latest and highest) TP only 33 sen why >60 sen can?

Posted by FlyingEagle > 2023-04-26 10:04 | Report Abuse

Wow!! up 15% ++

Posted by bojed > 2023-04-26 10:10 | Report Abuse

FOMO at 0.615 hahaha come on go go go!!!

Posted by 2021willnotbetter > 2023-04-26 10:16 | Report Abuse

TP 0.30, fishy

Posted by sunnyguy > 2023-04-26 10:18 | Report Abuse

Got IB give Topglove TP RM100 (before 1 to 3 bonus issue) :-)

Posted by bojed > 2023-04-26 10:25 | Report Abuse

Sellers and buyers are playing tug of war at Star's immediate resistance.

Let's go!

Posted by dompeilee > 2023-04-26 10:39 | Report Abuse

SOLD more from 62.5-64c(yes, I actually Q-ed early & GOT this price!) =)

Posted by Alipapapa > 2023-04-26 10:44 | Report Abuse

Will Tong Kooi Ong buy into MediaC?