If today you buy a star newspaper compared in 2016 ..you could find out very less pages due to poor advertisement. ..meaning less revenue moving forward..
1. Mutual Separation Scheme (MSS) coming real soon. Possible dent on earnings. 2. Newspaper price gonna increase too next month, while pages gonna be much thinner. 3. General Election coming, which means more MCA, BN and UMNO ads bashing the opposition. Looking at the trend in GE13, Star will take a huge beating in terms of circulation and readership (but ads might go up due to political spending. 4. Conflict of interest. Wong Chun Wai and his wife's advertising agency. 5. Company is preaching cost cutting across board, but then the CEO and executive editors just purchased five luxury cars (BMW, Mercedes). Each about RM200-300k. Where are the shareholders? 5. Upon the sale of Cityneon, Star had about RM860mil cash pile. After dividend and special dividend, it claims to only have about RM300mil plus. Where are the rest? Sapu for election and own interest?
Dimsum is also bleedy cash, hard bleeding. Just ask them how many paid users they currently have. Currently most of them are trial users and free account for employees. Content outdated, not varied enough.
Competitors? iFlix, Viu (backed by Li Ka-Shing's son), Astro and Media Prima. Do you think Star can outshine these major streaming players? I doubt it.
They can't even deliver the content promised at launch. For example, Nirvana on Fire (director's cut) have yet to be made available and a few others.
Look at the recent financial results. Look at the decline. I doubt Star can maintain the payout given the dire projections and forecasts moving forward.
Mioxi I bought at last hour...hopefully...my bet is right 26/09/2017 17:06
Classic example of 2017 Sohai Mioxi. Read her previous posts. Laugh die me!! Wanna buy but don't have "breasts" to buy but keep shouting prices drop. So contradict. At the end, "hope" her "BET" is right!! WTF is wrong with this shemale?? Can't stop laughing! Mioxi you really make my day today. Your stupidity is second to Cpteh in i3!!! WakaWakak
Mioxi When you buy, you got fat dividend but the price will readjust accordingly after ex date.
The business outlook remains weak and in red zone. That is the main reason all funds started to dispose their holding in line with risk s exposure.
Expected to trended down to rm1.60 after dividend pay out. Meaning...you will lose 40 cents even received dividend at current price! 18/09/2017 10:55
Mioxi That's the reason market didn't respond to the dividend announcement. The price didn't moved up ! 18/09/2017 10:58
Mioxi Never buy a share because of one off fat dividend that derived from asset disposal and not from operating business profit!
Should avoid the share at all when the operating profit in red zone while the management tried to cover it by the profit from asset disposal. 18/09/2017 11:02
Mioxi If today you buy a star newspaper compared in 2016 ..you could find out very less pages due to poor advertisement. ..meaning less revenue moving forward.. 18/09/2017 11:04
Mioxi Additional risk is the general election is coming....should avoid any business that linking to political party...anything can happen! 18/09/2017 11:08
Mioxi Funds kept unloading today..slowly and steadily. 18/09/2017 12:03
Mioxi Never traps by them 18/09/2017 12:04
Mioxi As long as you intend to buy at rm2.35.....all funds are willing to let go......until ex date... 18/09/2017 15:27
Analysts are good, if they like the stocks with cash, they will say potential acquisition opportunities, if they don't like it, they will say idle cash and no concrete plan for future growth. Good luck anyway.
well, it could be a good to accumulate at lower price, Star still dominate the English paper readership and own few radio stations. The exhibition business such as property fair, education fair, home fair should sustain.
Star officially announced Mutual Separation Scheme today. Good luck guys. Gonna costs a huge huge sum. Up to 60 people are targeted and up to 250 in the mid term moving forward.
Chicken brain mindset like Mioxi loves to lie. As I said, shemale shouted sell sell sell but eager to buy at 2.16. Finally settled for 2.30 but still buy. Big joke in i3. Shemale with no principles. What 3 lots only? Tiny brain with tiny mindset. People accumulated at 2.20 and disposed it right after dividends announcement. Lesson best served to manipulator and liar.
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....
Mioxi
551 posts
Posted by Mioxi > 2017-09-12 11:08 | Report Abuse
Aberdeen not only selling...they planned to zero out their holding...the cum at buyer and seller...at 2.36