STAR (6084): Financials Summary, Key Results, Growth

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

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

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

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

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

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

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

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

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

2024-02-09 11:32

Red star in making

2024-02-16 15:05

Justaboylearning

Useless star liao ……

2024-02-19 11:33

newbietrader9

miss this

2024-03-22 16:52

dompeilee

Posted by dompeilee > 2023-05-02 16:47

Luckily I SOLD 3 rounds: 61.79c avg on 26/4, 60.94c avg on 27/4 & 61.53c avg today...leaving 47% of my peak stake in Mar this year.

Bought back 38 lots @ 40-40.5c to collect the coming dividend & avg down my orig shrs at the same time

2024-05-07 17:37

berfikir

game just started

2024-08-07 11:28

Why Star was so active with 4 million shares transacted? Is there any good news about this counter?

2024-08-08 00:04

Richdady

Rm 1 soon

2 months ago

purple70

MCA needs to rationalise its investment whilst in UNITY GOVT!

Done be surprised if Corporate activity taken, ie take it private, M&A, asset sale, asset strip off etc!

STAR is essentially a property counter, ZERO bix acumen thanks to MCA leaders pandering to BN n UMNO PUTRA's bid to hold office

2 months ago

ocbc

STAR likely learnt from SPH to unlock its potential as suggested by Tong

2 months ago

ngyewchai76

still any shareholding by Tong or below 5% ? any potential or catalyst...

2 months ago

Sold off today at rm0.50 after holding 1 year plus … managed to break even .. almost suffer big loses ..

2 months ago

purple70

Got out at 48sen after recovering cost of funds.

Thinking of reentry given the strong push n volume even in current setting....BUT can never TRUST these Malaysian Comedian Association (MCA) fellows....

2 months ago

Managed to break even consider lucky.. Now dropping Liao

2 months ago

jwyap

Rubbish counter.

2 months ago

It’s a trap.. can run better run..

2 months ago

Richdady

Will back to ,

2 months ago

jwyap

why people un support mca, because of this

2 months ago

Daily turnover (6.4mil Aug 15) continues to be encouraging. Desperate punters are selling heavily. Calm investors are accumulating quickly. Cheers

2 months ago

Nice results this quarter..

2 months ago

i7investors

wow good result

2 months ago

Luckily managed to sell off.. no use counter..

1 month ago

JAKS agreed to compensate Star RM50mil (https://theedgemalaysia.com/node/732660). Star to report the full sum (7cts EPS) as income in Y/E Dec'24.

3 days ago