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  lassy half a sen dropping in alternate day ,STAR dropping target price should be coming very soon maybe by this coming Friday 26/07/2023 8:44 AM lassy 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 10/08/2023 9:10 AM lassy 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 14/08/2023 2:05 PM lassy 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, 17/08/2023 8:48 PM linheng 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 26/08/2023 6:02 AM stockraider 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! 04/09/2023 7:58 PM linheng 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. 07/09/2023 4:22 AM linheng 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 07/09/2023 4:23 AM linheng Disposals by Tong TONG KOOI ONG 28-Aug-2023 Disposed 379,200 TONG KOOI ONG 24-Aug-2023 Disposed 10,000 07/09/2023 4:24 AM linheng 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 07/09/2023 4:25 AM linheng MCA is 45+%. Tong is 5+%. Am sure there are other significant shareholders for this cash rich company. Not much free float left 07/09/2023 4:27 AM linheng PNB also holds 37,500,000 shares. Why this magic figure of 37,500,000 shares 07/09/2023 4:34 AM mf Dow Jones Dow Jones Industrial Average 34,443.19 -198.78 0.57% Nasdaq NASDAQ Composite 13,872.47 -148.48 1.05% 07/09/2023 5:51 AM lassy 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. 23/09/2023 6:20 AM linheng 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 23/09/2023 6:37 AM lassy 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. 23/09/2023 6:56 AM lassy 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 25/09/2023 9:21 AM linheng 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 29/09/2023 5:25 AM linheng 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 01/10/2023 4:52 AM linheng Looks like on tract for privatisation. Then can proceed with whatever deal 01/10/2023 4:59 AM WongAhMan A strategic move made by MCA to acquire more when prices are low. A cash rich company supported by many pieces of undervalued properties. 02/10/2023 6:37 PM pinetree88 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. 06/10/2023 5:31 PM DatoShare Value trap. It's been like this for a while... Not sure they are working for shareholders, or certain parties. 04/12/2023 8:56 PM StartOfTheBull Newspaper is getting more expensive, most people read online news these days. 04/12/2023 10:30 PM Lewis Lee sleeping star ! twinkle twinkle little star is a song for sleeping !!! 🤣😴 12/01/2024 12:46 PM  | |
