STAR MEDIA GROUP BERHAD

KLSE (MYR): STAR (6084)

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Last Price

0.42

Today's Change

-0.005 (1.18%)

Day's Change

0.41 - 0.425

Trading Volume

2,012,600

Discussions
3 people like this. Showing 50 of 2,708 comments

lassy

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

2023-07-26 08:44

whaleing

whoops, I guess gonna stay here for some time

2023-07-28 15:10

lassy

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

2023-08-10 09:10

lassy

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

2023-08-14 14:05

princehero

Keep plunging… 🤦🏻‍♂️

2023-08-17 18:50

speakup

Tong exit?

2023-08-17 18:52

lassy

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,

2023-08-17 20:48

speakup

Astro, Star are both slowly dying biz

2023-08-18 07:47

linheng

Star main revenue is Property. Value as property counter

2023-08-25 11:58

linheng

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

2023-08-26 06:02

Snake

80-90

2023-08-30 09:06

oppstar

40-45

2023-08-31 06:14

UncleFollower

TKO sell, not scared?

2023-09-04 17:23

stockraider

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!

2023-09-04 19:58

linheng

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.

2023-09-07 04:22

linheng

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

2023-09-07 04:23

linheng

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

2023-09-07 04:24

linheng

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

2023-09-07 04:25

linheng

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

2023-09-07 04:27

linheng

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

2023-09-07 04:34

mf

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2023-09-07 05:51

whaleing

No scare lah, just hold

2023-09-13 15:52

speakup

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

2023-09-16 18:39

Lewis Lee

Tong sold but MCA support ma .....

2023-09-18 16:21

lassy

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.

2023-09-23 06:20

linheng

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

2023-09-23 06:37

lassy

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.

2023-09-23 06:56

lassy

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

2023-09-25 09:21

linheng

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

2023-09-29 05:25

Ironman85man

Already more than 50% share on hand

2023-09-29 08:01

linheng

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

2023-10-01 04:52

linheng

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

2023-10-01 04:59

Lewis Lee

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

2023-10-02 15:19

WongAhMan

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

2023-10-02 18:37

whaleing

follow MCA collect....

2023-10-04 17:03

pinetree88

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.

2023-10-06 17:31

princehero

Tong kooi ong become ceo of star?

2023-10-12 02:19

jwyap

wah up up up

2023-10-16 15:34

Alipapapa

declare special dividend 30sen ?

2023-10-16 15:52

Alipapapa

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

2023-10-16 15:54

DatoShare

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

2023-12-04 20:56

StartOfTheBull

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

2023-12-04 22:30

Ironman85man

Why mca still collect but price no move at all ?

2023-12-14 18:09

whaleing

Star got online news mah, subscription for yearly plan quite cheap also

2023-12-20 16:14

Justaboylearning

let's go star! my hidden star!!!!!!!!!!!!!!

2024-01-09 22:04

Lewis Lee

sleeping star ! twinkle twinkle little star is a song for sleeping !!! 🤣😴

2024-01-12 12:46

Justaboylearning

Hopefully the new CEO can unleash the hidden star

2 months ago

whaleing

Red star in making

2 months ago

Justaboylearning

Useless star liao ……

2 months ago

newbietrader9

miss this

4 weeks ago

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