STAR MEDIA GROUP BERHAD

KLSE (MYR): STAR (6084)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.425

Today's Change

-0.015 (3.41%)

Day's Change

0.425 - 0.44

Trading Volume

1,464,600


3 people like this.

2,723 comment(s). Last comment by i7investors 1 month ago

linheng

1,371 posts

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

linheng

1,371 posts

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

linheng

1,371 posts

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

mf

28,643 posts

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%

whaleing

249 posts

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

No scare lah, just hold

speakup

26,799 posts

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

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

Lewis Lee

1,678 posts

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

Tong sold but MCA support ma .....

lassy

688 posts

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.

linheng

1,371 posts

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

lassy

688 posts

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.

lassy

688 posts

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

linheng

1,371 posts

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

linheng

1,371 posts

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

linheng

1,371 posts

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

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

Lewis Lee

1,678 posts

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

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

WongAhMan

32 posts

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.

whaleing

249 posts

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

follow MCA collect....

pinetree88

315 posts

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.

princehero

556 posts

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

Tong kooi ong become ceo of star?

jwyap

838 posts

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

wah up up up

Alipapapa

441 posts

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

declare special dividend 30sen ?

Alipapapa

441 posts

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

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

DatoShare

29 posts

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.

Posted by Ironman85man > 2023-12-14 18:09 | Report Abuse

Why mca still collect but price no move at all ?

whaleing

249 posts

Posted by whaleing > 2023-12-20 16:14 | Report Abuse

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

Posted by Justaboylearning > 2024-01-09 22:04 | Report Abuse

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

Lewis Lee

1,678 posts

Posted by Lewis Lee > 2024-01-12 12:46 | Report Abuse

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

Posted by Justaboylearning > 2024-02-09 11:32 | Report Abuse

Hopefully the new CEO can unleash the hidden star

whaleing

249 posts

Posted by whaleing > 2024-02-16 15:05 | Report Abuse

Red star in making

Posted by Justaboylearning > 2024-02-19 11:33 | Report Abuse

Useless star liao ……

Posted by newbietrader9 > 2024-03-22 16:52 | Report Abuse

miss this

dompeilee

11,888 posts

Posted by dompeilee > 2024-05-07 17:37 | Report Abuse

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

berfikir

494 posts

Posted by berfikir > 1 month ago | Report Abuse

game just started

WongAhMan

32 posts

Posted by WongAhMan > 1 month ago | Report Abuse

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

Richdady

87 posts

Posted by Richdady > 1 month ago | Report Abuse

Rm 1 soon

purple70

266 posts

Posted by purple70 > 1 month ago | Report Abuse

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

ocbc

1,115 posts

Posted by ocbc > 1 month ago | Report Abuse

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

Posted by ngyewchai76 > 1 month ago | Report Abuse

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

princehero

556 posts

Posted by princehero > 1 month ago | Report Abuse

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

purple70

266 posts

Posted by purple70 > 1 month ago | Report Abuse

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....

princehero

556 posts

Posted by princehero > 1 month ago | Report Abuse

Managed to break even consider lucky.. Now dropping Liao

jwyap

838 posts

Posted by jwyap > 1 month ago | Report Abuse

Rubbish counter.

princehero

556 posts

Posted by princehero > 1 month ago | Report Abuse

It’s a trap.. can run better run..

Richdady

87 posts

Posted by Richdady > 1 month ago | Report Abuse

Will back to ,

jwyap

838 posts

Posted by jwyap > 1 month ago | Report Abuse

why people un support mca, because of this

WongAhMan

32 posts

Posted by WongAhMan > 1 month ago | Report Abuse

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

princehero

556 posts

Posted by princehero > 1 month ago | Report Abuse

Nice results this quarter..

Posted by i7investors > 1 month ago | Report Abuse

wow good result

Post a Comment
Market Buzz