Actually, in my analysis of Stars performance, there are many interesting facts.

Firstly, I note that the capex (reflected in the Cash Flows from Investing) appears
to be trending down. However, no indications as to the capex needs of the
future. If there were another RM100+ million expenditure coming along, then
Star will be crippled. However, if capex requirements remain about the same,
then Star will soar in market value.
This is because the value of Star Publications at present is less than the total
amount in dividends that it has managed to pay in the past (sine 1995). This is
very strange.