Posted by lassy > 2023-06-22 17:19 | Report Abuse

Below 40sen target price coming sooner than expected after 42.5 sen DONE and only last minute jacking up the price to 43sen. 43.5 sen and 42 sen are SENDIWARA TRADING .Need to wait until next week to drop below 40sen a realistic figure unlike some calling it to drop below 20 sen.WORLD MARKET CRASHES also cannot find STAR MEDIA trading at 20sen

Posted by GS > 2023-06-22 19:18 | Report Abuse

Star new weekly business newspaper -Star Biz7 https://starbiz7.com.my/connect?utm_source=print

Posted by lassy > 2023-06-22 20:19 | Report Abuse

World stock markets fallling , STAR share price will fall below 40 sen soon , have a little bit of patience and wait to pick up JUMP OVER THE BUILDING price.

Posted by whaleing > 2023-06-23 17:28 | Report Abuse

Red star in the making

Posted by princehero > 2 months ago | Report Abuse

Opr/ interest rate up should be good for star company… This is a cash rich company with no debt..Even a 4% interest on Rm 365million cash is around Rm 15 million annually income…

Posted by princehero > 2 months ago | Report Abuse

Government oredi ask epf n GLC to invest more on local companies… Hopefully they will take note on this greatly undervalued company…

Posted by whaleing > 2 months ago | Report Abuse

greatly undervalue I dont think so.. maybe undervalue abit...

Posted by 9vegetable > 2 months ago | Report Abuse

woi mca dont main main har

Posted by UncleFollower > 2 months ago | Report Abuse

MCA sure main main, tong kooi ong dont main main har

Posted by lassy > 2 months ago | Report Abuse

Below 40sen coming sooner than EXPECTED .I thought when MCA loose the state election only STAR MEDIA share will fall back to 35sen.

Posted by lassy > 2 months ago | Report Abuse

Anyway MCA withdrawing from the STATE ELECTION will save them alot of money so NO NEED TO DISPOSE of ASSETS or SHARES to fund the election campaign. This is a GOOD MOVE by MCA so possible STAR MEDIA shares will run UP.

Posted by tklim > 2 months ago | Report Abuse

SELL 0.37
Target1: 0.34
Target2: 0.31
Target3: 0.26
Target4: 0.18

Posted by linheng > 2 months ago | Report Abuse

Drop caused by rumours that MCA leaving Unity Govt. Now confirm not leaving. Should recover

Posted by linheng > 2 months ago | Report Abuse

Drop cause by rumours MCA leaving Unity Govt. Now confirm not leaving. Should recover

Posted by i3lurker > 2 months ago | Report Abuse

confirm not leaving will drop more.

Posted by Stocker > 2 months ago | Report Abuse

gogogo

Posted by Stocker > 2 months ago | Report Abuse

gogogo

Posted by Jack888 > 2 months ago | Report Abuse

Star....uptrend.

Posted by stockraider > 2 months ago | Report Abuse

Cash rich & moving up slowly loh!
Very safe investment in which its existing cash holding exceed share price mah!

Posted by princehero > 2 months ago | Report Abuse

Doesn’t make sense the price stuck low..

Posted by 9vegetable > 2 months ago | Report Abuse

oi...up a bit can or not want cut loss leh

Posted by princehero > 2 months ago | Report Abuse

How come drop till so low while index went up .. 🤦🏻‍♂️

Posted by DickyMe > 2 months ago | Report Abuse

MCA has lost power! It is a beggar party now!

Posted by lassy > 2 months ago | Report Abuse

Wait for Star Media to fall below 40sen only can NIMBLE abit by bit, DO NOT TAKE BIG BITE in STAR might get CHOKE. Serious investor don't favor related parties transaction and somemore pay by shares and NOT CASH in this uncertain times.People will think if the deal is so good the MCA senior member own company will not be sold to STAR ,like a CHINESE saying - where got so BIG TOAD jumping on the road. wait 40 sen coming soon

Posted by lassy > 2 months ago | Report Abuse

They have giving up HOPE and give a walkover in the state election so MCA huaren the controlling shareholders is also giving up hope in the STAR MEDIA and so you can guess the direction of STAR MEDIA going to. NO FIGHTING SPIRIT look at UMNO UEM

Posted by whaleing > 1 month ago | Report Abuse

almost below 40 sen

Posted by lassy > 1 month ago | Report Abuse

half a sen dropping in alternate day ,STAR dropping target price should be coming very soon maybe by this coming Friday

Posted by whaleing > 1 month ago | Report Abuse

whoops, I guess gonna stay here for some time

Posted by lassy > 1 month ago | Report Abuse

Star Media DROPPING TARGET PRICE of 40sen might be coming soon and maybe by TOMORROW can get at 39.5 sen.Nothing much can be done since MCA have NO FIGHTING SPIRIT so anything connected to it is just a GONE CASE

Posted by lassy > 1 month ago | Report Abuse

Today MCA wee ka seong say MCA need NEW BLOOD into MCA but what about STAR MEDIA ,any new blood going to inject into the management or retain the same OLD INACTIVE management team that only know how to do internal related party transaction

Posted by princehero > 1 month ago | Report Abuse

Keep plunging… 🤦🏻‍♂️

Posted by speakup > 1 month ago | Report Abuse

Tong exit?

Posted by lassy > 1 month ago | Report Abuse

Possible Tong exit,slowly selling bit by bit instead of heavy selling.NO COMPANY SHARE BUY BACK at this price ,maybe at 35 sen at covid pandemic level ,pre covid is above 50sen,someone is slowly selling and with NO COMPANY BUY BACK in sight and maybe not worth 40 sen according to the STAR management team,

Posted by speakup > 1 month ago | Report Abuse

Astro, Star are both slowly dying biz

Posted by linheng > 4 weeks ago | Report Abuse

Star main revenue is Property. Value as property counter

Posted by linheng > 3 weeks ago | Report Abuse

Meanwhile, Star maintained a solid balance sheet with a robust net cash position of RM366.4mn or 50.6sen/share (-0.6% QoQ, +5.9% YoY) and zero borrowings.
Based on Share Price of $0.41 the market cap is only $303 m

Posted by Snake > 3 weeks ago | Report Abuse

80-90

Posted by oppstar > 3 weeks ago | Report Abuse

40-45

Posted by UncleFollower > 2 weeks ago | Report Abuse

TKO sell, not scared?

Posted by stockraider > 2 weeks ago | Report Abuse

U check the bursa disposal announcement for STAR.....Thong did not really sell his holding of more than 5% mah!

Thong Cakap tak serupa bikin mah!

Thus no panic....better hang on STAR or buy more loh!

Posted by linheng > 2 weeks ago | Report Abuse

Some panic for no reason. Tong holds the Star Media shares using 5 entities.
4 of this own 37,500,000 shares each and his personal name holds 39,339,200 shares.
Probably need to streamline the holdings for more aquisitions.

Posted by linheng > 2 weeks ago | Report Abuse

TONG KOOI ONG 18-Apr-2023 Notice of Interest 39,339,200
ICHC ANSTALT 18-Apr-2023 Notice of Interest 37,500,000
PHILEO GROUP LIMITED 18-Apr-2023 Notice of Interest 37,500,000
THE EDGE COMMUNICATIONS SDN BHD 18-Apr-2023 Notice of Interest 37,500,000
THE EDGE MEDIA GROUP PTE LTD 18-Apr-2023 Notice of Interest 37,500,000

Posted by linheng > 2 weeks ago | Report Abuse

Disposals by Tong
TONG KOOI ONG 28-Aug-2023 Disposed 379,200
TONG KOOI ONG 24-Aug-2023 Disposed 10,000

Posted by linheng > 2 weeks ago | 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

Posted by linheng > 2 weeks ago | 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

Posted by linheng > 2 weeks ago | Report Abuse

PNB also holds 37,500,000 shares. Why this magic figure of 37,500,000 shares

Posted by mf > 2 weeks ago | 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%

Posted by whaleing > 1 week ago | Report Abuse

No scare lah, just hold

Posted by speakup > 5 days ago | Report Abuse

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

Posted by Lewis Lee > 4 days ago | Report Abuse

Tong sold but MCA support ma .....