MALAYAN UNITED INDUSTRIES BHD
KLSE (MYR): MUIIND (3891)
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Last Price
0.06
Today's Change
0.00 (0.00%)
Day's Change
0.055 - 0.06
Trading Volume
20,822,900
Overview
Market Cap
187 Million
NOSH
3,109 Million
Avg Volume (4 weeks)
8,899,031
4 Weeks Range
0.05 - 0.06
4 Weeks Price Volatility (%)
100.00%
52 Weeks Range
0.05 - 0.11
52 Weeks Price Volatility (%)
54.55%
Previous Close
0.06
Open
0.06
Bid
0.055 x 714,000
Ask
0.06 x 5,344,100
Day's Range
0.055 - 0.06
Trading Volume
20,822,900
Financial Highlight
Latest Quarter | Ann. Date
31-Dec-2021 [#2] | 28-Feb-2022
Next QR | Est. Ann. Date
31-Mar-2022 | 28-May-2022
T4Q P/E | EY
-1.77 | -56.61%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.03 | 2.33
T4Q NP Margin | ROE
-46.48% | -131.41%
Market Buzz
News and Blogs
Company Profile
Sector: CONSUMER PRODUCTS & SERVICES
Sector: CONSUMER PRODUCTS & SERVICES
Subsector: TRAVEL, LEISURE & HOSPITALITY
Subsector: TRAVEL, LEISURE & HOSPITALITY
Description:
Malayan United Industries Bhd is a Malaysia-based investment holding company. It operates in six business segments. Its Retailing segment contains various department and specialty stores. The company through its associate design, manufacture, source, distributes and sells garments, accessories and home furnishings products. Its Hotels segment includes holdings and services of hotel properties. The Food segment is involved in the manufacturing, marketing, and distribution of confectionery and other food products. Its Financial Services segment comprises of universal broking activities and Property segment is involved in property development and investment. The company?s Others segment consists of investment activities, property investment and licensing of a trademark.
Discussions
6 people like this. Showing 50 of 4,658 comments
private placement 10%, seem like they are not selling corus hyde park anytime soon
2022-01-28 10:56
“The thing about private placement is that it is only for a selected few or qualified investors, so somehow, it sometimes raises questions on who they are.
“A private placement is always a privilege to a selected few whereas a rights issue, which goes to every shareholder, is a fairer way of fundraising, in my view, ”
2022-01-28 19:28
10% PP or 293m shares @ 0.07 will only bring in RM20.5m. Interest on the > RM900 borrowings is more than that. The destruction in value of this company in the last 9 years is reflected in the current share price. The company is in dire need of a competent CEO.
2022-01-29 15:15
Relax ..Mui established since 1960 before most of us here even exists ..the old Khoo days are numbered ...the son will likely sell off or restructured Mui once he CAN make the call ....MUI has plenty of assets bought cheaply during 1960s ...now market value worth billions ....Mui highly possible will be bought over by Institutional Funds over its assets. And retails strategic location base in kl.
2022-01-29 21:44
Price if PP is yet to ascertain ...may be a good time to push up this sleeping beauty....hahaha
2022-01-29 21:46
At Bursa Malaysia on Tuesday (Jan 25, 2022) as of the time of writing, MUI's share price fell 0.5 sen or 7.14% to 6.5 sen for a market capitalisation of about RM190.45 million.
2022-01-31 17:29
Company is undervalued but directors have no skill to realise these values.
2022-02-04 14:04
The Proposed Private Placement is expected to result in an interest saving of
approximately RM0.98 million per annum and hence have a positive impact on the Group’s
financial position in the future.
Premised on the above, the Board is of the view that the Proposed Private Placement will facilitate
the Group to maintain its creditworthiness with its lenders for the continued availability of credit
facilities to fund its business operations which is expected to improve the business and financial
performance of the Group and thus enhance the shareholders’ value in the future.
2.2
Adequacy of the Proposed Private Placement in addressing the Company’s financial concerns
The Proposed Private Placement will enable the Group to raise additional funds from third party
investor(s) expeditiously for the purposes as set out in Section 3 of the Announcement. As at 30
September 2021, the Group has approximately RM141.80 million in cash and bank balances
(inclusive of deposits pledged with financial institution) which will be sufficient to meet its shortterm obligations. Although the Proposed Private Placement will not substantially turn around the
Group’s financial performance, it is adequate at this juncture as an interim measure to reduce the
Group’s existing indebtedness and ensure business continuity is not affected by cash flow
constraints.
As disclosed in Section 5.8 of the Announcement, the Group has undertaken and is undertaking
various measures to improve its financial performance and strengthen its financial position amid
the challenging environments faced by the hospitality and tourism industry as well as the retail
industry in particular. These include, amongst others, the implementation of various cost cutting
measures by the Group, the Proposed Disposal, the opening of new experiential retail store by
Metrojaya at LaLaport BBCC in Kuala Lumpur tentatively in the second quarter of 2022 and the
Proposed A&W Acquisition.
Hence, the Board is of the view that these concerted measures coupled with the efforts to pare down
bank borrowings via the proceeds from the Proposed Private Placement and further fund raising
exercises in the future, if necessary, will support the Group’s aim to strengthen its financial
performance and financial position in the long term.
This announcement is dated 7 February 2022
2022-02-07 22:17
Bank borrowings >rm800m and rising. PP not enough. Our incompetent CEO doesn't seem to realise this.
2022-02-09 10:10
this 10% pp with the price of 0.065 only able to raise 19m. they are diluting our shareholding
scam
2022-02-10 13:38
This counter is like Berjaya Corp/ Bjland Bhd no punters and institutions trust the owners of the companies.
2022-02-10 13:46
Unsteady ConPipi - please your comments:
https://www.theedgemarkets.com/article/mui-proposes-capital-reduction-...
2 months ago
Relax and chill Mui will need a major restructuring before it return back to profitability
2 months ago
Capital reduction is the process of decreasing a company's shareholder equity through share cancellations and share repurchases, also known as share buybacks. The reduction of capital is done by companies for numerous reasons, including increasing shareholder value and producing a more efficient capital structure.
2 months ago
i eat their crispy its a cheap kid chocolate .... cheap ver of kitkat
metrojaya is long dead LOL...this kind of store quite obsolute already
2 months ago
The only way up is to sacked the whole useless Board of Directors or Sell off Mui Mui off the Khoo
1 month ago
Insider Good News probably buying at lowest point ...collecting for the future . Business as usual
1 month ago
https://www.grab.com › press › others
Grab Completes Acquisition of Stake in Jaya Grocer | Grab SG
1 month ago
Bankrap...asset 'rich' but debt laden....lots of unmonetisable hotels & resorts with minimal cashflow.
1 month ago
Dug up my old records to check: surprised to rediscover that I bought 25k MUI @ 20c in 2014 & then SOLD on the way up from 21.5c to 28.5c, earning $632.24, selling down to zero shares.
1 month ago
Relax this sleeping beauty will awake and race to fame one fine day as long business as usual cash flow will improve ....
1 month ago
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sriweld
Corus UK must be worth £250m to £350m or at least rm1.4b.The total debts is around rm900. The difference of rm500m is more than the market value at 0.07. Everything else is free. But of course, the peabrain son doesn't know his maths.
2022-01-28 10:11