3rd hopeless stock : Utusan and NSTP Merging

Why both, ? they are merging and share price is up! why they are hopeless? Hopeless stocks x 2 = hopeless stock also . Can change their fate and future.

NST once a time is top english newspaper especially in southern Johor, Especially weekend edision, they are lot of advertisement for johor and melacca, Today at saturday edition. Star sure will out of stock at petrol kiosk if you go late morning. But for NST will return at next day. Everybody reading stars! This can see the profitability and share price.

Utusan is very famous and independent paper in old time, Not only malay read it, those non malay which understand Bahasa also will brought it and read. After Umno take over. It lost the characterisitc of idependent. then the market share drop. Today even many malay in KL will interest to buy Metro or malaymail. Malay also not read it, how you see their future?

You may be can gain for the merging for short term,But how about long term. They are losing market share and the trend not easy be turn back.