Posted by KUKU JIAO PUNTER > 2019-02-27 16:17 | Report Abuse

rubbish can never become gem okay

Posted by asd88 > 2019-02-28 18:53 | Report Abuse

more than 100M loss quarter.. Lol

Posted by Depeche > 2019-02-28 20:26 | Report Abuse

Below 0.10 also don't touch...cos future is too bleak.

Posted by dompeilee > 2019-03-04 15:07 | Report Abuse

It's miraculous! Negative net worth but still trading @ 15c!

Posted by commonsense > 2019-03-08 16:25 | Report Abuse

Another pure speculative stock that has gotten some investors facing huge losses. It all started with the announcement dated 8th Feb indicating Datuk Abd Aziz buying a 31.61% interest in Utusan from UMNO at a price of 19 sens (a premium of more than 65% vs the closing price of 11.5 sens on the 8th Feb which was a Friday). The next Monday the share price went up substantially to an intraday high of 31sens with most of the investors assuming that there will be a potential offer made by Datuk Abd Aziz to take Utusan private.

Investors failed to take note of the % acquisition by Datuk Abd Aziz from Umno was below the 33% threshold needed to spark a General Offer by Datuk Abd Aziz. The same can be said with another UMNO link company KUB where Anchorscape bought 32% interest from UMNO at 68 sens (a premium of around 50% from the last traded price prior to the announcement). Like Utusan, KUB new shareholder is also not obliged to make the same offer to the other shareholders.

As of Dec 18, Utusan is still a loss-making company that still falls under the PN17 status. Excluding all the one-off items (such as impairments and cost relating to VSS), the total net loss for FY18 would still be a high of RM35mil. The future of the company remains weak with the now lack of support from UMNO and Federal Government. The most probable outcome in FY19 would be a further loss.

The balance sheet is also weak with NTA of -RM91.1mil or -82sens per share.

If you are looking to hedge your portfolio outside of Utusan (due to its weak earnings outlook and risks relating to its PN17 status), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.1x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.0x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by winwin81 > 2019-03-29 09:34 | Report Abuse

rubbish counter, 1cent also dont buy

Posted by winwin81 > 2019-03-29 10:55 | Report Abuse

rubbish company feed rubbish poeple

Posted by DON_JUAN > 2019-03-30 17:35 | Report Abuse

dead rat !

Posted by Sinoboy > 2019-04-08 14:11 | Report Abuse

If it escapes p17 status, worth at least 0.4...

Posted by jinbesar > 2019-04-09 11:52 | Report Abuse

dead cat bounce

Posted by Sinoboy > 2019-04-10 23:09 | Report Abuse

Dead cat bounce is ok, at least there is a reaction. Delisting is the threat here. Wonder if it can escape p17 status...

Posted by DickyMe > 2019-04-11 18:09 | Report Abuse

They reap what they sowed KARMA effect.

Posted by BN_better > 2019-04-22 04:54 | Report Abuse

Menjawab Tun Daim
http://www.utusan.com.my/rencana/utama/menjawab-tun-daim-1.884007

Posted by PH_pakatan_menipu > 2019-04-27 12:30 | Report Abuse

PH lebih banyak penipuan daripada kebenaran
http://www.utusan.com.my/berita/politik/ph-lebih-banyak-penipuan-daripada-kebenaran-1.889892

Posted by DickyMe > 2019-05-05 16:48 |

Post removed.Why?

Posted by DickyMe > 2019-05-05 16:49 |

Post removed.Why?

Posted by DickyMe2 > 2019-05-07 16:26 |

Post removed.Why?

Posted by Hidup_Anwar > 2019-05-08 21:23 | Report Abuse

'Takkan saya lebih teruk daripada Trump'
http://www.utusan.com.my/berita/nasional/takkan-saya-lebih-teruk-daripada-trump-1.897212

Posted by PunTatBerSiul > 2019-06-11 10:12 | Report Abuse

Media bangsat ni masih tersenarai di Bursa ke? Bangsat manalah tanggung syarikat bangsat ni?

Posted by 4iiii > 2019-08-04 02:45 | Report Abuse

Formula Dr. Mahathir atasi kegawatan ekonomi
https://www.utusan.com.my/80-tahun-utusan/sejarah-utusan/formula-dr-mahathir-atasi-kegawatan-ekonomi-1.947909

Posted by HK_protest > 2019-08-07 12:22 | Report Abuse

Bank consolidation is right move to boost stock market but when? Change PM or change govn in GE15?

Posted by oasischeah > 2019-08-11 20:31 | Report Abuse

Limit down on Tuesday. No buyer. Most of KLSE shares also share same fate.

Posted by SK92 > 2019-08-19 18:19 | Report Abuse

so long, buddy.

Posted by Alex™ > 2019-08-19 18:57 | Report Abuse

五毒散。。name not ong... Need change name.

Posted by ramada > 2019-08-19 20:47 | Report Abuse

RM0.005 soon. Not kidding this time.
https://malaysiastock.biz/Company-Announcement.aspx?id=1165075

Posted by ChickyWaWa > 2019-08-19 21:02 | Report Abuse

So happy to see this lanchio newspaper go Holland. 天开眼！

Posted by winston1 > 2019-08-19 21:10 | Report Abuse

Got to get 1 copy of last issue. Have to show my grandchildren that there was a pariah paper long time ago.

Posted by abcb > 2019-08-20 10:30 | Report Abuse

Utusan group to cease all publications tomorrow

Posted by abcb > 2019-08-20 10:32 | Report Abuse

The stock will be suspended anytime

Posted by apolloang > 2019-08-20 10:32 | Report Abuse

why no 0.005 yet? tipu kah?

Posted by Hidup_Anwar > 2019-08-20 10:40 | Report Abuse

Pity the workers. Blame PM?

Posted by apolloang > 2019-08-20 10:42 | Report Abuse

star no close yet ar? hahaha

Posted by Hidup_Anwar > 2019-08-20 10:43 | Report Abuse

Maybe if Tun M still PM until 2023 GE15?

Posted by apolloang > Aug 20, 2019 10:42 AM | Report Abuse
star no close yet ar? hahaha

Posted by 129055444514385 > 2019-08-20 11:05 | Report Abuse

expecting someone to jump in to bail it out soon

[UTUSAN] Change In Substantial Shareholder's Shareholding - NILAM SETAR (M) SDN BHD on 23-Jul-2019
Stock [UTUSAN]: UTUSAN MELAYU (MALAYSIA) BHD
Announcement Date 23-Jul-2019
Substantial Shareholder's Particular:
Name NILAM SETAR (M) SDN BHD
Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Jul-2019 Acquired 5,500,000
Registered Name NILAM SETAR (M) SDN BHD
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Acquisition of 5,500,000 shares by way of Direct Business Transaction
Total no of securities after change
Direct (units) 21,843,000
Direct (%) 19.72
Indirect (units) 0
Indirect (%) 0.00
Total (units) 21,843,000
Total (%) 19.72
Date of Notice 22-Jul-2019

Posted by 129055444514385 > 2019-08-20 11:06 | Report Abuse

someone will rescue this umno newspapers... take over it and revamp and change it to a neutral newpapers / media group...

DATO ABD AZIZ SHEIKH FADZIR 08-Feb-2019 Notice of Interest 35,000,000 0.000 View Detail
OPULENCE ASIA SDN. BHD 08-Feb-2019 Notice of Interest 35,000,000 0.000 View Detail

Posted by hollandking > 2019-08-20 11:08 | Report Abuse

it wont worked one, revamp is pointless, u see how many media companies in trouble? Even The Star profit shrink so badly

Posted by 129055444514385 > 2019-08-20 11:08 | Report Abuse

grab some rubbish, it might turn into gold later.......... some jump it to buy it and them turn it into a neutral media group ......... no longer an umno media group... haha

Posted by 129055444514385 > 2019-08-20 11:09 | Report Abuse

just implement private placement to umno linked tycoons, cash issue will be resolved... or offer to sell it to interested parties to turn it into a neutral media group

Posted by hollandking > 2019-08-20 11:10 | Report Abuse

you know what jump in mean when there is someone at the gate waiting to buy in? It means mass dilution to the current shareholders

Posted by hollandking > 2019-08-20 11:11 | Report Abuse

yup, they can PP, but is wasting money, sure burn, no returns

Posted by 129055444514385 > 2019-08-20 11:11 | Report Abuse

umno politicians wont let it die... quite recent ... mau utusan mampus, tak kan beli more and more



[UTUSAN] Notice of Interest of Substantial Shareholders - DATO ABD AZIZ SHEIKH FADZIR on 08-Feb-2019
Stock [UTUSAN]: UTUSAN MELAYU (MALAYSIA) BHD
Announcement Date 08-Feb-2019
Substantial Shareholder's Particular:
Name DATO ABD AZIZ SHEIKH FADZIR
Details of Changes:
Currency -
Date of Change Type Number of Shares
08-Feb-2019 Acquired 35,000,000
Nature of Interest Indirect Interest
Shares ORDINARY SHARES
Reason ACQUISITION OF SHARES
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 35,000,000
Indirect (%) 31.61
Total (units) 35,000,000
Total (%) 31.61
Date of Notice 08-Feb-2019

Posted by 129055444514385 > 2019-08-20 11:12 | Report Abuse

last month only... mau utusan mati, stop kidding... haha... new hero might emerge anytime

[UTUSAN] Change In Substantial Shareholder's Shareholding - NILAM SETAR (M) SDN BHD on 23-Jul-2019
Stock [UTUSAN]: UTUSAN MELAYU (MALAYSIA) BHD
Announcement Date 23-Jul-2019
Substantial Shareholder's Particular:
Name NILAM SETAR (M) SDN BHD
Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Jul-2019 Acquired 5,500,000
Registered Name NILAM SETAR (M) SDN BHD
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Acquisition of 5,500,000 shares by way of Direct Business Transaction
Total no of securities after change
Direct (units) 21,843,000
Direct (%) 19.72
Indirect (units) 0
Indirect (%) 0.00
Total (units) 21,843,000
Total (%) 19.72
Date of Notice 22-Jul-2019

Posted by 129055444514385 > 2019-08-20 11:13 | Report Abuse

private placement to politically linked bizmen will emerge

Posted by 129055444514385 > 2019-08-20 11:13 | Report Abuse

got extra cash, can grab a bit of toilet paper now haha

Posted by 129055444514385 > 2019-08-20 11:14 | Report Abuse

UMNO jual, ada orang lain beli pulak haha

UNITED MALAYS NATIONAL ORGANISATION (UMNO) 08-Feb-2019 Disposed 35,000,000 0.000 View Detail
DATO ABD AZIZ SHEIKH FADZIR 08-Feb-2019 Notice of Interest 35,000,000 0.000 View Detail
OPULENCE ASIA SDN. BHD 08-Feb-2019 Notice of Interest 35,000,000 0.000 View Detail

Posted by 129055444514385 > 2019-08-20 11:14 | Report Abuse

banyak drama, sandiwara

Posted by 129055444514385 > 2019-08-20 11:15 | Report Abuse

private placement at good price to cronies, habis cerita, keluar daripada pn17 haha

Posted by 129055444514385 > 2019-08-20 11:16 | Report Abuse

can use milo tins to collect derma macam pas juga haha

Posted by 129055444514385 > 2019-08-20 11:17 | Report Abuse

dulu, jual mahal :)

PERTUBUHAN KEBANGSAAN MELAYU BERSATU 17-Jul-2003 Acquired 10,000,000 2.370

Posted by Mabel > 2019-08-20 11:19 | Report Abuse

When is delisting?

Some company way below this price still survive. Hopefully someone brave will rescue. Scomi had one earlier..

I like the idea of turning this company into a neutral company.. Revitalize the company.. Complete change of Top Management.

That's the only way to change this company