It is worth highlighting that the selldown is overdone notwithstanding the competitive nature of the media business, etc. Chartwise, we can see that the share price is trading just below its long-term uptrend line (in blue) at RM1.85 as well as the line connecting the last 2 years' troughs (in orange) at RM1.80. I won't be surprised that the stock may see a 10-15 sen rebound over the next few days.
Assuming Star continues with its twice yearly dividend of 9 sen each (or, 18 sen in total), its dividend yield is now a whopping 10%.
Chart 1: Star's weekly chart as at Sep 27, 2017_3.20pm (Source: Malaysiastock.biz)
Chart 2: Star'smonthly chart as at Sep 27, 2017_3.20pm (Source: Malaysiastock.biz)