Posted by stockraider > 2023-07-14 10:54 | Report Abuse

Cash rich & moving up slowly loh!
Very safe investment in which its existing cash holding exceed share price mah!

Posted by princehero > 2023-07-14 12:30 | Report Abuse

Doesn’t make sense the price stuck low..

Posted by 9vegetable > 2023-07-14 15:48 | Report Abuse

oi...up a bit can or not want cut loss leh

Posted by princehero > 2023-07-21 22:15 | Report Abuse

How come drop till so low while index went up .. 🤦🏻‍♂️

Posted by DickyMe > 2023-07-21 22:23 | Report Abuse

MCA has lost power! It is a beggar party now!

Posted by lassy > 2023-07-23 20:36 | Report Abuse

Wait for Star Media to fall below 40sen only can NIMBLE abit by bit, DO NOT TAKE BIG BITE in STAR might get CHOKE. Serious investor don't favor related parties transaction and somemore pay by shares and NOT CASH in this uncertain times.People will think if the deal is so good the MCA senior member own company will not be sold to STAR ,like a CHINESE saying - where got so BIG TOAD jumping on the road. wait 40 sen coming soon

Posted by lassy > 2023-07-24 09:52 | Report Abuse

They have giving up HOPE and give a walkover in the state election so MCA huaren the controlling shareholders is also giving up hope in the STAR MEDIA and so you can guess the direction of STAR MEDIA going to. NO FIGHTING SPIRIT look at UMNO UEM

Posted by whaleing > 2023-07-25 14:01 | Report Abuse

almost below 40 sen

Posted by lassy > 2023-07-26 08:44 | Report Abuse

half a sen dropping in alternate day ,STAR dropping target price should be coming very soon maybe by this coming Friday

Posted by whaleing > 2023-07-28 15:10 | Report Abuse

whoops, I guess gonna stay here for some time

Posted by lassy > 2023-08-10 09:10 | Report Abuse

Star Media DROPPING TARGET PRICE of 40sen might be coming soon and maybe by TOMORROW can get at 39.5 sen.Nothing much can be done since MCA have NO FIGHTING SPIRIT so anything connected to it is just a GONE CASE

Posted by lassy > 2023-08-14 14:05 | Report Abuse

Today MCA wee ka seong say MCA need NEW BLOOD into MCA but what about STAR MEDIA ,any new blood going to inject into the management or retain the same OLD INACTIVE management team that only know how to do internal related party transaction

Posted by princehero > 2023-08-17 18:50 | Report Abuse

Keep plunging… 🤦🏻‍♂️

Posted by speakup > 2023-08-17 18:52 | Report Abuse

Tong exit?

Posted by lassy > 2023-08-17 20:48 | Report Abuse

Possible Tong exit,slowly selling bit by bit instead of heavy selling.NO COMPANY SHARE BUY BACK at this price ,maybe at 35 sen at covid pandemic level ,pre covid is above 50sen,someone is slowly selling and with NO COMPANY BUY BACK in sight and maybe not worth 40 sen according to the STAR management team,

Posted by speakup > 2023-08-18 07:47 | Report Abuse

Astro, Star are both slowly dying biz

Posted by linheng > 2023-08-25 11:58 | Report Abuse

Star main revenue is Property. Value as property counter

Posted by linheng > 2023-08-26 06:02 | Report Abuse

Meanwhile, Star maintained a solid balance sheet with a robust net cash position of RM366.4mn or 50.6sen/share (-0.6% QoQ, +5.9% YoY) and zero borrowings.
Based on Share Price of $0.41 the market cap is only $303 m

Posted by Snake > 2023-08-30 09:06 | Report Abuse

80-90

Posted by oppstar > 2023-08-31 06:14 | Report Abuse

40-45

Posted by UncleFollower > 2023-09-04 17:23 | Report Abuse

TKO sell, not scared?

Posted by stockraider > 2023-09-04 19:58 | Report Abuse

U check the bursa disposal announcement for STAR.....Thong did not really sell his holding of more than 5% mah!

Thong Cakap tak serupa bikin mah!

Thus no panic....better hang on STAR or buy more loh!

Posted by linheng > 2023-09-07 04:22 | Report Abuse

Some panic for no reason. Tong holds the Star Media shares using 5 entities.
4 of this own 37,500,000 shares each and his personal name holds 39,339,200 shares.
Probably need to streamline the holdings for more aquisitions.

Posted by linheng > 2023-09-07 04:23 | Report Abuse

TONG KOOI ONG 18-Apr-2023 Notice of Interest 39,339,200
ICHC ANSTALT 18-Apr-2023 Notice of Interest 37,500,000
PHILEO GROUP LIMITED 18-Apr-2023 Notice of Interest 37,500,000
THE EDGE COMMUNICATIONS SDN BHD 18-Apr-2023 Notice of Interest 37,500,000
THE EDGE MEDIA GROUP PTE LTD 18-Apr-2023 Notice of Interest 37,500,000

Posted by linheng > 2023-09-07 04:24 | Report Abuse

Disposals by Tong
TONG KOOI ONG 28-Aug-2023 Disposed 379,200
TONG KOOI ONG 24-Aug-2023 Disposed 10,000

Posted by linheng > 2023-09-07 04:25 | Report Abuse

MCA Shareholdings
Direct (units)
313,315,760
Direct (%)
43.23
Indirect (units)
16,625,300
Indirect (%)
2.29
Total (units)
329,941,060
Total (%)
45.52

Posted by linheng > 2023-09-07 04:27 | Report Abuse

MCA is 45+%. Tong is 5+%. Am sure there are other significant shareholders for this cash rich company. Not much free float left

Posted by linheng > 2023-09-07 04:34 | Report Abuse

PNB also holds 37,500,000 shares. Why this magic figure of 37,500,000 shares

Posted by mf > 2023-09-07 05:51 | Report Abuse

Dow Jones

Dow Jones Industrial Average

34,443.19

-198.78

0.57%

Nasdaq

NASDAQ Composite

13,872.47

-148.48

1.05%

Posted by whaleing > 2023-09-13 15:52 | Report Abuse

No scare lah, just hold

Posted by speakup > 2023-09-16 18:39 | Report Abuse

Read Edge paper, Tong sold all in portfolio already. Only left Insas

Posted by Lewis Lee > 2023-09-18 16:21 | Report Abuse

Tong sold but MCA support ma .....

Posted by lassy > 2023-09-23 06:20 | Report Abuse

Star Media have alot of CASH but what kind of benefit does it goes to small shareholders,it is just like having a BILLIONAIRE parents but staying in a terrace house .(The father have many wives maybe not the favourite wive siblings) MCA huaren bought STAR shares CHEAP so it benefits MCA indirectly those who control MCA but if the company execute a SHARE BUY BACK it will also benefit the small shareholders and by cancelling the share buy back share ,it is like returning money to all the shareholders including the minority. Well minority shareholders just think about it for your ownself.

Posted by linheng > 2023-09-23 06:37 | Report Abuse

Very little free float left. Easy to manipulate. MCA owns about 50%. Tong through his companies own more than 5%. PNB owns about 5%. Likely to be privatised by MCA

Posted by lassy > 2023-09-23 06:56 | Report Abuse

STAR MEDIA does not belong to MCA in paper only ,in fact it only benefits those who control MCA if you look at the DEALs executed so far including the MATANG deal.Tun SSTan formed TAR and UTAR was form during Tun LS Ling time and both are running from grants by the governments and CHARITY DONATION by BIG BOSS so nothing to do with MCA now except some MCA members drawing director fees and managements fee for running both higher learning institutions so NO POINT linking STAR media with MCA now because ALL the good things are done by MCA past presidents and now the present MCA team is just reaping the harvest.

Posted by lassy > 2023-09-25 09:21 | Report Abuse

AT best STAR will only give BONUS SHARE where cash distribution is not involve because STAR need the CASH to keep the company running and paying all the director fee as you know there is MCA member appointed to the board and also other working there and so if STAR close shop it also mean the end of MCA

Posted by linheng > 2023-09-29 05:25 | Report Abuse

Acquisitions by MCA in Sept 2023
MALAYSIAN CHINESE ASSOCIATION 22-Sep-2023 Acquired 836,100 0.000
MALAYSIAN CHINESE ASSOCIATION 18-Sep-2023 Acquired 249,200 0.000
MALAYSIAN CHINESE ASSOCIATION 15-Sep-2023 Acquired 475,800 0.000
MALAYSIAN CHINESE ASSOCIATION 01-Sep-2023 Acquired 1,000,000 0.000

Posted by Ironman85man > 2023-09-29 08:01 | Report Abuse

Already more than 50% share on hand

Posted by linheng > 2023-10-01 04:52 | Report Abuse

MALAYSIAN CHINESE ASSOCIATION 27-Sep-2023 Acquired 294,600 0.000
MALAYSIAN CHINESE ASSOCIATION 25-Sep-2023 Acquired 300,000 0.000
MALAYSIAN CHINESE ASSOCIATION 22-Sep-2023 Acquired 836,100 0.000
MALAYSIAN CHINESE ASSOCIATION 18-Sep-2023 Acquired 249,200 0.000
MALAYSIAN CHINESE ASSOCIATION 15-Sep-2023 Acquired 475,800 0.000
MALAYSIAN CHINESE ASSOCIATION 01-Sep-2023 Acquired 1,000,000 0.000

Posted by linheng > 2023-10-01 04:59 | Report Abuse

Looks like on tract for privatisation. Then can proceed with whatever deal

Posted by Lewis Lee > 2023-10-02 15:19 | Report Abuse

Looks like MCA sapu-ing non stop liao !! Huat AH !!!

Posted by WongAhMan > 2023-10-02 18:37 | Report Abuse

A strategic move made by MCA to acquire more when prices are low. A cash rich company supported by many pieces of undervalued properties.

Posted by whaleing > 2023-10-04 17:03 | Report Abuse

follow MCA collect....

Posted by pinetree88 > 2023-10-06 17:31 | Report Abuse

Bought today at closing 0.435. Hope Tong start to buy in open market and combine stake with other major holders >10% and force a Requisition EGM to oust the current board of directors.

Posted by princehero > 2023-10-12 02:19 | Report Abuse

Tong kooi ong become ceo of star?

Posted by jwyap > 2023-10-16 15:34 | Report Abuse

wah up up up

Posted by Alipapapa > 2023-10-16 15:52 | Report Abuse

declare special dividend 30sen ?

Posted by Alipapapa > 2023-10-16 15:54 | Report Abuse

MCA need cash, that why STAR may declare special dividend.

Posted by DatoShare > 2023-12-04 20:56 | Report Abuse

Value trap. It's been like this for a while...
Not sure they are working for shareholders, or certain parties.

Posted by StartOfTheBull > 2023-12-04 22:30 | Report Abuse

Newspaper is getting more expensive, most people read online news these days.