UTUSAN MELAYU (M) BHD

KLSE (MYR): UTUSAN (5754)

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0.055

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Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.

Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.

A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.

A put warrant is in-the-money when the underlying share price is lower than the exercise price.

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2 people like this. Showing 50 of 453 comments

Mabel

@trap666 bumiputra go support lah !!

Interesting read by...

Thirunavukkarasu Karasu

Tuesday Sermonette: Thank You, Utusan Melayu

I can’t help but feel a tinge of sadness at the closure of Utusan Melayu, a paper that had existed longer than Malaysia did.

I know some good journalists who started in Utusan and progressed into prominent senior journalists in Berita Harian and NST, some I count as my personal friends. As a writer, I share a common solidarity with Utusan’s writers. Despite differences in opinion, we are thinkers. We write to influence and all we want is a better nation.

Utusan served well in all of its 80-year history. It’s a national institution, even older than MAS. Almost everyone benefited from the paper. I recall Utusan’s ‘Siri Kertas Soalan Lepas’ that helped me score in my SPM BM paper. Syndicated articles from people like Prof Ungku Aziz and literary diva Adibah Amin were my favourites.

It’s sad that as much as Malaysians are clamouring to save MAS, there’s very little effort to save Utusan. It is strange because unlike MAS that simply bled too much money over the years from mismanagement and poor asset utilisation, Utusan was different. There weren’t echoes of corruption, grandiose assets, advertising budgets and the like. Utusan simply suffered declining readership, both in print and electronic media. The reason? Deep and often unfair resentments over the last few years when the paper seemed to be taken on a more ethnocentric slant in championing the Malay agenda.

But I never saw Utusan as a ‘racist’ paper. As a writer, newspaper columnist and author, I depend on perspectives from both sides. I appreciated the thought-leadership and valuable insights that motivated Utusan’s journalists. I try to learn what it was exactly that drove Utusan along this dangerously ethnocentric road the past few years.

Then I realised: Part of the blame is ours.

I was chatting with a Utusan friend as we reminisced the good old days of Malay literature, He admitted it was a tad frustrating to see the ‘bukan Melayu’ expect them to embrace their version of unity. And I admit it can be superficial. Watching Jason Leong’s video about traffic jams, teh tarik and using ‘lah’ was a bit lame lah. But that’s what non-Malay solidarity with the Malay has regressed into. We think our commonness in food, fashion and festivals is all that’s required to call ourselves Malaysian. It’s like eh I wear baju kurung, I eat Liew Lian and I attend Hari Raya open house so I’m Malaysian mah.

Then we sidestep the more important issues of Bumi special rights, language, religion and royalty. But those are the issues close to the Malay heartland. When they champion these causes through mouthpieces like Utusan, we immediately label them racist.

And it must hurt because they feel they’ve compromised on many things already. The concept of ‘tolak ansur’ (compromise) has long been embedded in the Malay psyche. I for one also admit it grudgingly because few countries in the world allow their own minorities to retain their identities to their originating countries through separate vernacular schools or newspapers. Thailand has a 14% Chinese population. But no Chinese newspaper or a separate schooling system. Neither has Indonesia, despite its own ethnic Chinese population. Not even in the US. No separate Spanish/German/Italian schools or newspapers despite a sizeable number of immigrant citizens from those countries.

Another remarkable Utusan observation. A non-Chinese born in China and a non-Indian born in India are not granted automatic citizenry as the Chinese and Indians over here. The difference? Ours is a Malay administration built on compromise. One that enables everyone access to free public education, free healthcare, a large chunk of the welfare system and even an employee provident fund which the Malay-majority government credits 12% every month into the salaries of non-Malays.

We complain in our vernacular press about Bumi discounts for property purchases. They contend that they pay the same income tax and the same fees in public universities. Yet we continue to sensationalise their ‘mismanagement’, case example 1MDB which ironically, is a theft of public funds stolen by a Chinaman and led by an Indian!

They wonder why non-Malays are still reading newspapers in their own language. That too, is a valid point because that we read determines our degree of assimilation. The reality is that Indians and Chinese have problems assimilating with mainstream societies. That’s why we have Chinatown and Little India enclaves in foreign countries but no ‘Malaytown’. We insist of keeping our identity and links to our ancestral countries, not the country we’ve domiciled in. We want to be reminded of our identity as Indians or Chinese first before calling ourselves Malaysian.

Ditto with the school curricula. We have no issues when someone suggests mandatory Mandarin lessons. But we frown upon Jawi, which is their form of writing

2019-08-23 08:21

Mabel

(con't)

The closure of Utusan is hard even for me because it’s what birthed the Merdeka movement since the 1930s. A progression from nationalist platforms from Malay journalists like Ahmad Boestaman and Musa Ahmad. Let’s not forget Utusan’s founder, Yusof Ishak (the man on all your Singapore Dollars) and his sifu Pak Sako who formed movements like Kesatuan Melayu Muda and Pembela Tanah Air, which were subsequently reorganised as Umno. Or Dr Burhanuddin Helmy’s Angkatan Pemuda Insaf which was the precursor to Pemuda Umno (and the rest of the Pemuda equivalents in MCA and MIC). Or Wonder Woman Shamsiah Fakeh’s Angkatan Wanita Sedar that started our version of the suffrage movement for women’s political representation encompassing all races.

Friends, the real Malay dilemma isn’t the things they’ve been unfairly accused of. Their real dilemma is their proclivity to compromise and their tendency to keep giving concessions to the rest of us. As we bid goodbye to Utusan Melayu, never forget their contributions and sacrifices to our nation. Remember, without Pak Sako, Yusof Ishak and Utusan, there would be no Umno, no Persekutuan Tanah Melayu and no Malaysia. And remember, the first Utusan Melayu that began with a scathing commentary against the British government was written entirely, in Jawi. Ponder on that.

2019-08-23 08:22

KAQ4468

apa macam ???

2019-08-23 09:18

goreng_kaki

belum mati ke?

2019-08-23 09:36

Alex™

Huat ar

2019-08-23 11:30

Alex™

Sinking ship still can up

2019-08-23 11:31

10215673035009552

later become toilet paper

2019-08-23 11:32

mala173318

Toilet paper become gold paper

2019-08-23 12:20

Alex™

Become less than toilet paper lo. Toilet paper at least can still feel and touch.

2019-08-23 13:31

beyond2288

runnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn

2019-08-24 18:27

Mabel

How to run when 0.05 also cannot cross?

Ironically, share still climb 10%.

Even Sumatec at 0.025 still attracted many traders with circa 6 million shares traded on Friday.

Let's see how it progress by 28th...

If White Knight comes...I bet it will jump again..

2019-08-25 01:02

Mabel

Here I'm thinking like a trader and not as an Investor...

Cheers!

2019-08-25 01:04

Wuzy

price will fly once done restructuring. buy before too late.

2019-08-26 05:18

TP_yes_SL_no

winessing impending downfall

2019-08-26 09:34

PunTatBerSiul

Post removed.Why?

2019-08-26 10:03

MyInvest

If they appeal written can hold the de listing. Hope Utusan management will appeal Bursa fast. Need to wait. Otherwise thats it for end game.

2019-08-26 11:01

Wuzy

Delisted on 28 according to announcement, I try to trick an idiot that keep follow me around i3 forum. It like to read every comment I post, ROFL.

2019-08-26 13:13

calvintaneng

CALVIN TAN RESEARCH ISSUES FINAL ADVISE TO ALL HERE!

SELL ALL UTUSAN SHARES NOW AND SWITCH TO TALAM TRANSFORM!!!

YOUR BEST DECISION FOR TODAY!!

IT'S TOTAL LOSS OR A WINDFALL BONANZA!!

2019-08-26 13:25

Mabel

@calvintaneng CALVIN TAN RESEARCH ISSUES FINAL ADVISE TO ALL HERE!

SELL ALL UTUSAN SHARES NOW AND SWITCH TO TALAM TRANSFORM!!!

YOUR BEST DECISION FOR TODAY!!

IT'S TOTAL LOSS OR A WINDFALL BONANZA!!

I'm still holding TalamT...

Any good news on TalamT?

2019-08-26 14:27

Mabel

@MyInvest If they appeal written can hold the de listing. Hope Utusan management will appeal Bursa fast. Need to wait. Otherwise thats it for end game.

+1 This is my understanding too..

2019-08-26 14:30

Wuzy

CALVIN TAN RESEARCH bring you good fortune and prosperity, die die must follow

2019-08-26 15:06

3iii

A broker came with an option to buy some of Utusan's hard assets.

Opportunities come in various ways.

2019-08-26 15:39

Mabel

@Wuzy CALVIN TAN RESEARCH bring you good fortune and prosperity, die die must follow

Not all are well with Calvin recommendations
TalamT, Asiapac, Masteel, Prestar just to name a few.

Nevertheless, I admire Calvin determination and enthusiasm..

Keep it up Calvin..

2019-08-26 18:47

Mabel

Very interesting 3iii!

Thanks for sharing

2019-08-26 18:48

calvintaneng

Posted by 3iii > Aug 26, 2019 3:39 PM | Report Abuse

A broker came with an option to buy some of Utusan's hard assets.

Opportunities come in various ways.

IS THIS THE REAL 3iii? OR FAKE ONE?

HOW COME YOU DON'T KNOW UZMA HAS LOTS AND LOTS OF HARD ASSETS

1) DRILLING BUSINESS & EQUIPMENT WITH Half a Billions

2) OFF SHORE HWUs in Malaysia

3) ONSHORE HWUs in Thailand

4) INVESTMENTS IN SETEGAP

5) REAL ESTATES WORTH RM60 MILLIONS

Share price of Uzma = 64 sen

Net Assets of Uzma = Rm1.54

SO SELLING OFF ASSETS AT RM1.54 MINUS 64 SEN SHARE PRICE A SUPLUS OF 90 SEN

NOW LOOK AT UTUSAN

SHARE PRICE IS 5 SEN

NEGATIVE ASSET = -90 Sen

So -90 minus 5 sen = - 85 sen

THAT MEANS THAT ASSETS MINUS L:IABILITIES FOR UZMA = + 90 SEN

AND UTUSAN SELLING WHATEVER ASSET ALSO CANNOT COVER DEBT = - 85

SO UZMA GOT A HUGE PLUS

AND UTUSAN GOT A HUGE MINUS

SO BASIC MATHS

BUT 3iii CANNOT SEE ONE HOR?

2019-08-26 19:33

Wuzy

Najib said will save utusan, so no worry about utusan delisted. Najib janji boleh pakai. bukan bushe-bushe

2019-08-27 03:38

MyInvest

@ Wuzy, tomorrow stop trading. How Nazib can save with in half day. Any idea ?

2019-08-27 12:21

TP_yes_SL_no

najib only cares for himself & chronies

2019-08-27 12:55

Nafster

the securities of UTUSAN will be de-listed on 30 August 2019 unless an appeal against the de-listing is submitted to Bursa Securities on or before 27 August 2019 (“the Appeal Timeframe”). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.

2019-08-28 09:11

MyInvest

Thats the End game. Bye Bye Utusan. Sorry for who are still holding. I sold all with losses yesterday. Utusan management very very lousy people and can not talk, response or give proper response to share holders. All the Best..

2019-08-28 10:35

TP_yes_SL_no

bad memories gone forever.. adiosss

2019-08-28 12:04

ChickyWaWa

This LanChiao finally go Holland very nice. The newspaper will go Holland very soon. Shong ar! Happy to see this.

2019-08-29 16:18

88Eng

latest announcement ....Utusan became legend...byr2

2019-08-29 19:53

icecool

last day before delisted bye bye, good night

2019-08-29 21:01

JK22

Delisted but not closing down or bankrupt right ? Still actively online and might recover one day. Are they still selling print ? Share holder will still remain as share holder just cannot trade. Just my opinion , i dont mean anything as i dont own this stock. Just hope to gain some knowledge.

2019-08-30 16:40

apolloang

mana pi ini kaunter? tak Nampak di skrin aku

2019-08-30 16:42

Mabel

Good point JK22..

This is an interesting counter to lean the process of a PN 17 companies...

Cheers to all!

2019-08-30 17:32

DreamKentut

Media bangsat yang diterajui oleh bangsat-bangsat yang amat bangsat selamat dibangsatkan oleh bangsat-bangsat tersohor.

2019-08-30 20:30

ramada

I thought the lowest should be RM0.005.

Posted by ramada > Aug 19, 2019 8:47 PM |

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

2019-08-30 20:33

ramada

I think this counter making some inexperienced investors bankrupt here.

2019-08-30 21:45

beyond2288

delisted how, we not sell run at this counter how?cant do anything?

2019-08-31 19:23

TheContrarian

Sell to UMNO by private arrangement.

2019-08-31 20:03

Mabel

https://www.theedgemarkets.com/article/no-rescue-plan-sight-utusan-edges-closer-delisting

Industry observers say a consolidation between Utusan and Media Prima’s Berita Harian — which is under New Straits Times Press (M) Bhd (NSTP) — and between Kosmo! and NSTP’s Metro is a possibility, given the challenging print media landscape.

2019-09-02 23:52

TP_yes_SL_no

harakah next in line after utusan

2019-09-03 23:43

Alex™

So how? This counter kantoi d?

2019-09-17 18:52

Witty

Gg-ed counter.

2019-10-09 12:26

calvintaneng

Post removed.Why?

2020-01-13 11:27

jjohnchew

Post removed.Why?

2020-01-13 11:56

calvintaneng

firerain research only 60% TO 70%

CALVIN TAN RESEARCH MORE THOROUGH

WHY LEH?

BECAUSE CALVIN HAS LONG EXPERIENCE BUYING OPCOM

OPCOM IN YEAR 2009 RECEIVED JON AWARD OF RM359 MILLIONS WHICH CAUSED PRICE TO GO LIMIT UP

THEN IN YEAR 2011/2 OPCOM DECLARED SPECIAL DIVIDEND OF 22.5 SEN AND IT WENT LIMIT UP THE SECOND TIME

AT THAT TIME CALVIN MISSED NETX AS NETX ALSO RECEIVED RM19.7 MILLIONS JON AWARD FROM TELEKOM WHICH RESULTED IN 5 SEN PROFIT

AND NETX WENT LIMIT UP BY 650% FROM 3.5 SEN TO 26 SEN

SINCE NETX IS A CYCLICAL TURNAROUND = TIMING IS OF UTMOST IMPORTANCE

NOW THAT GOVT IS IMPLEMENTING RM50.3 BILLIONS FIBERISATION THRUST = THIS IS IT!!!

TIME TO LOAD UP ON NETX!!!

2020-01-13 11:57

Mabel

UTUSAN MALAYSIA KEMBALI, AGONG UCAP TAHNIAH

Seri Paduka Baginda Yang di-Pertuan Agong, Al-Sultan Abdullah Ibni Almarhum Sultan Haji Ahmad Shah mengucapkan tahniah atas penerbitan semula akhbar Utusan Malaysia dan Kosmo!

Baca seterusnya:
https://ahmadalikarim.com/2020/07/20/utusan-malaysia-kembali-agong-ucap-tahniah/

2020-07-20 16:22

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