STAR MEDIA GROUP BERHAD
KLSE (MYR): STAR (6084)
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Last Price
0.42
Today's Change
+0.005 (1.20%)
Day's Change
0.42 - 0.42
Trading Volume
10,000
Discussions
3 people like this. Showing 50 of 2,725 comments
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2023-09-07 05:51
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
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
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
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
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
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
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
Newspaper is getting more expensive, most people read online news these days.
2023-12-04 22:30
sleeping star ! twinkle twinkle little star is a song for sleeping !!! 🤣😴
2024-01-12 12:46
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
Why Star was so active with 4 million shares transacted? Is there any good news about this counter?
2024-08-08 00:04
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
Sold off today at rm0.50 after holding 1 year plus … managed to break even .. almost suffer big loses ..
2 months ago
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
Daily turnover (6.4mil Aug 15) continues to be encouraging. Desperate punters are selling heavily. Calm investors are accumulating quickly. Cheers
2 months 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.
19 hours ago
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PNB also holds 37,500,000 shares. Why this magic figure of 37,500,000 shares
2023-09-07 04:34