" We continue to like Star for its strong net cash position and high dividend yield. Our Outperform call is reaffirmed with an unchanged TP of RM2.78. "
I am buying more & more with each passing day as I know that a super dividend will be forth coming...so, why shouldn't you when dividend is more than 7%.
I know it's EPS had drop alot since 10 years ago but if you compare the price now and the dividend received, it's still good at more than 7% which is better than most of the other counters.
Posted by rainbowyen > Feb 14, 2016 12:46 AM | Report Abuse
no matter downtrend or uptrend it is still give good dividend even for the next 20 year. star media is very unique business model since 1971. you can trust this stock. hope the price can drop some more to collect this year....the lower the price , the better for new investors like us.
Time to collect as dividend will be announced soon.
Koo Zhi Chyuan Hope the special dividend will come too..... 22/02/2016 19:14
Brother, it will come , just be patient lah and today a big shark is noticed...seems to want to buy more than 2400 lots at RM2.40...so expecting more price increase in days to come. Hang on my friends like I do.
Posted by Koo Zhi Chyuan > Feb 24, 2016 06:43 AM | Report Abuse
How do u know a big shark wanted to buy more than 2400 lot?
Normally a few thousand shares are transacted each day and normally too we see investors queuing to buy with 50 to 100 lots or so but yesterday I notice I big shark queuing with 2400 lots to buy at RM2.40 at 4.50pm when the last price transacted is at RM2.39 cents..so maybe more to come...let's wait lah. Cheers.
Based on past pattern, I don't expect the price to keep above my 2.36 entry on 15 Feb after the dividend goes ex-, UNLESS the results are better than last years'.
I told you all very much earlier that a dividend of 9 cents will be coming & so many nincompoops still wants to sell cheap whereas everyday I am adding a few thousand shares and now the results below...
Friday, 26 Feb 2016
5:13PM 2nd Interim Dividend 9 Sen
5:08PM Financial year end net profit 130.609 million (increased 16.58%)
Moreover, this counter is going to move further as the company will be renewing it's intention of shares buy back....so be prepared for this counter to move.
6084 STAR STAR MEDIA GROUP BERHAD OTHERS
OTHERS STAR MEDIA GROUP BERHAD FORMERLY KNOWN AS STAR PUBLICATIONS (MALAYSIA) BERHAD (STAR " OR "THE COMPANY")- Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares of up to ten per centum (10%) of its Issued and Paid-Up Ordinary Share Capital - Proposed Renewal of Existing Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
6084 STAR STAR MEDIA GROUP BERHAD 2nd Interim Dividend 9 Sen
Entitlement Details: Second interim dividend of 9.0 sen per ordinary share of RM1.00 each single tier
Entitlement Type: Second Interim Dividend Entitlement Date and Time: 31/03/2016 05:00 AM Year Ending/Period Ending/Ended Date: 31/12/2015 EX Date: 29/03/2016 To SCANS Date: Payment Date: 18/04/2016
Actually, STAR was a trading stock for me - in @ 2.61 in Nov '12, out @ 2.77 in Jan '13, in @ 2.18 in Jan '14, out @ 2.47-2.51 in Jul '14. Now in @ 2.36 in Feb '16, out ???
Most of the investors looking for quick money in stock market and most of times, if not all the times, they lose money. I am proud to be consistently making a solid returns of about 17% per annum every year since 2010 for this stock. While some "sifu" never bothered to even looking at 17% returns, because they claimed they can "help" newbies make more than 20% PER MONTH. "Greed is really good"
singkalan Most of the investors looking for quick money in stock market and most of times, if not all the times, they lose money. I am proud to be consistently making a solid returns of about 17% per annum every year since 2010 for this stock. While some "sifu" never bothered to even looking at 17% returns, because they claimed they can "help" newbies make more than 20% PER MONTH. "Greed is really good" 27/02/2016 00:32
Brother singkalan, what is just said is 101% correct and very true to the point.
Attractive dividend yield of 7.5%. Despite the challenging media landscape, the Group maintains its dividend payment of 18sen for FY15, translating to 100% payout and 7.5% dividend yield.
Maintain Outperform. We continue to like Star premised on its attractive dividend yield and leading position in the English daily segment. We believe the Group will be able to pay consistent dividend based on its strong net cash position. Higher contribution from its EEIT segment is expected to support the challenges faced by its print segment. Higher growth in EEIT has further lowered revenue contribution from the print segment, from 69.7% in FY14 to 63.5% in FY15.
yeeck Why TA Securities maintain Sell at 2.15??? 01/03/2016 23:23
TA sleeping on the job lah & I presume they never read the latest financial report of the STAT earnings. Everyday naik 1 or 2 cents is good enough lah.
this stock is solid very strong fundamental and make same profit every year...pay good dividend . keep long term....please drop same more.. can collect more loh...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
caven
61 posts
Posted by caven > 2015-11-28 16:38 | Report Abuse
TP - 2.78
" We continue to like Star for its strong net cash position and high dividend yield. Our Outperform call is reaffirmed with an unchanged TP of RM2.78. "