Posted by gxltwsb > 2020-04-02 21:00 | Report Abuse

i heard b4 said some1 is collecting from 0.07 to 0.005. consider some1 is collecting till now ? hahaha

Posted by MoneyMan555 > 2020-04-03 00:19 | Report Abuse

Lambo good?

Posted by Yhlim9958 > 2020-04-03 09:32 | Report Abuse

Why good bro

Posted by Joey Tan > 2020-04-03 20:06 | Report Abuse

me too

Posted by Investsucess Trader > 2020-04-03 20:09 | Report Abuse

wait at 0.005 everyday....

Posted by Top Gun > 2020-04-05 13:55 | Report Abuse

https://simplywall.st/stocks/my/software/klse-lambo/lambo-group-berhad-shares/news/do-you-know-about-lambo-group-berhads-klselambo-roce/

Posted by Yhlim9958 > 2020-04-06 11:07 | Report Abuse

Lambo wayang still not finish

Posted by Keyman188 > 2020-04-06 11:23 | Report Abuse

Why Lamborghini power so slow like perodua Kancil...

Perhaps not yet pump Petron 100 Blaze oil to boost !!!...

Posted by Yhlim9958 > 2020-04-06 11:25 | Report Abuse

This share management people not clever

Posted by Yhlim9958 > 2020-04-06 11:33 | Report Abuse

With 1mil vol just stay at 0.005 to 0.01 really stupid management

Posted by Yhlim9958 > 2020-04-06 11:33 | Report Abuse

Poor management

Posted by Joey Tan > 2020-04-06 11:42 | Report Abuse

I think they accumulate slowly ..won't so fast

Posted by Yhlim9958 > 2020-04-06 11:44 | Report Abuse

I don't think so because buy 1 sen and sell back 1 sen been 3 weeks

Posted by Joey Tan > 2020-04-06 12:05 | Report Abuse

if buy and sell back .. brokerage also loose a lot right ?? no meaning also

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-04-06 19:39 | Report Abuse

Lambo will clear 0.015 cents this week.

Posted by Investsucess Trader > 2020-04-06 19:40 | Report Abuse

I'm still waiting at 0.05...

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-04-06 19:48 | Report Abuse

Investsuccss trader if you average now no need to wait 0.05cents.

Posted by Investsucess Trader > 2020-04-06 19:54 | Report Abuse

I haven't bought yet, first time in this stock, seems very cheap...

Posted by karen koh > 2020-04-07 10:31 | Report Abuse

can buy by this 0.01? because im new here.since see it very low price.

Posted by foreverchung > 2020-04-07 10:48 | Report Abuse

Market priced in the loss of main revenue back in Oct/Nov period, with this new partnership with Gemlive/Gemspot, could be a good chance for Lambo to earn as E-comm is still allowed to operate during MCO. Reduce impact on earnings.

Posted by karen koh > 2020-04-07 10:49 | Report Abuse

Aliibaba thkx for u advice

Posted by foreverchung > 2020-04-07 10:52 | Report Abuse

@Aliibaba good point, agreed. 1cent doesn't mean cheap. But for Lambo, it could be considered cheap considering it is earning money, compare this to Netx fundamentally you'll be slightly more confident in buying this stock @karen koh.

With cash at hand, minimal borrowings, this stock cash alone is almost 3x its market cap. Sell all asset probably looking at 0.04 per share. But again, market is emotional. Do your homework, for me, I bought as much as I could at 0.01, was hoping for 0.005 but that's just greedy. Personally, I hope it to go up to 0.04 level then I'll be comfortable to let go.

Posted by karen koh > 2020-04-07 10:57 | Report Abuse

Foreverchung: thkx

Posted by JJTAN0409 > 2020-04-07 11:13 | Report Abuse

现金高过市值很多了。

Posted by Value888 > 2020-04-07 11:55 | Report Abuse

Lambo's E-commerce business going strongly?

Posted by Value888 > 2020-04-07 12:09 | Report Abuse

lookng good

Posted by Value888 > 2020-04-07 12:23 | Report Abuse

@Aliibaba, thumb up.

Posted by Value888 > 2020-04-07 12:26 | Report Abuse

Manyak businesses secured & coming.

Posted by 5354_ > 2020-04-07 12:30 | Report Abuse

MCO no effect on Lambo biz?

Posted by 5354_ > 2020-04-07 12:31 | Report Abuse

Why sales drop to RM 2 million(Dec'19 qtr) from RM 24 million YOY?

Posted by ahbah > 2020-04-07 12:31 | Report Abuse

Lambo ... super chip now.

Just buy some n keep. Don't be left behind lah.

Posted by luckycharm > 2020-04-07 12:32 | Report Abuse

KUALA LUMPUR (April 7): Bursa Malaysia’s most-active stock Lambo Group Bhd's share trade volume extended its surge in morning trades today after the company said yesterday it plans to venture into the food delivery business as it sees potential growth in the market segment due to the Covid-19 pandemic.

At 11:14am today, Lambo Group saw some 256 million shares traded. Its share price rose 0.5 sen or 50% to 1.5 sen for a market value of RM31.5 million.

Yesterday, its trade volume jumped to about 225 million shares from around 75 million units on Friday (April 3).

In separate Bursa Malaysia filings, Lambo Group said its wholly-owned subsidiary Lambomove Sdn Bhd has entered into two memorandums of understanding (MoUs), one each with GEM Live Sdn Bhd and Marquee International Sdn Bhd.

"The MoU signed (with GEM) expresses intentions of both parties (Lambomove and GEM) to work together towards the materialisation of a business contract which will involve GEM appointing Lambomove as its food delivery service provider to customers.

"The MoU signed (with Marquee) expresses intentions of both parties (Lambomove and Marquee) to work together towards the materialisation of a business contract which will involve Marquee appointing Lambomove as its food delivery service provider to customers for LAVO, a restaurant operated by Marquee,” Lambo Group said.

Lambo Group said that following the award of a local logistic licence by the Malaysian Communications and Multimedia Commission as well as the agreements with two renowned forwarders, namely FMX (M) Sdn Bhd and ABX Express (M) Sdn Bhd, the directors of Lambo Group believe that a partnership with GEM and Marquee will allow Lambo Group to venture into food delivery as the group sees a potential market due to the Covid-19 pandemic.

Posted by luckycharm > 2020-04-07 12:32 | Report Abuse

Joining this boat together

Posted by ahbah > 2020-04-07 12:41 | Report Abuse

So chip now, almost a sure winner !

Accumulate some.

Posted by foreverchung > 2020-04-07 13:16 | Report Abuse

@wong LamboMove has actually been established, probably you're referring to expansion. Even if they need to expand, I don't see that is an issue.

1. They have huge cash balance in the bank.
2. The more motorcycles / worker, means that there is demand, presence of demand means got opportunity to earn. Win win.

Whereas for Gemlive/Gemspot, the more business they get, the more Lambo earns as they need Lambo to deliver. Riding on that, Lambo themselves also have e-comm platform, Lamboplace, that can utilize the their sister company last mile delivery.

1. Fuel price is relatively low at the moment.
2. Hire purchase / loan rates are low at the moment.

If the company takes advantage of this and work on the food delivery platform by connecting small hawkers / famous eateries and pair them up with LamboMove and LamboPlace, I don't see why there is not much room for growth. Considering that the MCO might be extended, it can only mean that the business might grow, as there are minimal restriction on food delivery / e-comm.

Posted by foreverchung > 2020-04-07 13:18 | Report Abuse

@5354_ if you read the QR report back in Sep Q, you'll notice that the existing contract for their IT consultancy has ended, hence the reduction in revenue.

However, that said, pointing to the chart of the share price, you'll see that also actually have been priced into the share price around Oct'/Nov'/Dec'. Even with such reduction, the company still actually makes money, albeit significantly smaller amount. So, it tells you that the company is still trying to make money instead of let the market beat them up.

Posted by foreverchung > 2020-04-07 13:50 | Report Abuse

@dragonslayer I feel that there's small-medium operator involved here, can see the volume is suppressed at 0.01, only small fish bought those 0.015.

Let's see second half, as the news broke out in TheEdge, if market sentiment towards Lambo is good today, then should be able to push towards at least 0.015.

Considering that alot of market will be reaching off trading hours, more people will pay attention to SEA market. More movement of funds, last 2 hours will tell you more story on KLCI and also Lambo. Either way, hold tight fellas.

Posted by foreverchung > 2020-04-07 14:20 | Report Abuse

@fishchu Gemspot/Gemlive is by Netx 0020.

Posted by ahbah > 2020-04-07 14:21 | Report Abuse

Lambo is super chip, it only come once in our lifetime.

Just get some only so as we wont be left behind.

Posted by ahbah > 2020-04-07 14:23 | Report Abuse

Some seasonal factors only ?

Posted by foreverchung > 2020-04-07 14:27 | Report Abuse

@ahbah I wouldn't say this is seasonal factors only, even without Covid19, Lambo still got work to do before their earnings is back.

But Covid19 gave Lambo a good chance to look carefully which aspect / direction they wanna grow into. They have Logistics, IT, E-comm, and others. But since MCO and Covid is going to change the shape of the industry by promoting E-comm and also food delivery, Lambo made a good move in placing a little more focus on E-comm / Food delivery / Logistics scene which I think could be a good move for them.

E-comm / Food delivery is not restricted as badly as other sectors. From experience, I noticed that people around me now use GrabExpress/point to point courier service even more to deliver small items from food / books / clothes / documents just because they cannot travel between 2 locations, whereas the couriers have the approval to do so. Paying RM20+ just to get a hard disk delivered from Segambut to PJ by motorcycle. Think about it.

Posted by 5354_ > 2020-04-07 14:28 | Report Abuse

Any proof Lambo got connection with Food Panda?

Posted by foreverchung > 2020-04-07 14:34 | Report Abuse

@wong, I stand to disagree. If Gemspot were to use FoodPanda as their food delivery partner, they are effectively cannibalizing and killing off their own platform.

Gemspot/Gemlive has been invested to get people to use the platform. By using FoodPanda instead, people would just eventually migrate to FoodPanda as FoodPanda has more choices and established food choices; effectively killing Gemspot/Gemlive and reduce their subscriber / users. If the directors of Netx does that, then it is Netx that is having loss. For Lambo, they just lose one business partner.

Lambo would still be having their own E-comm that can use LamboMove, and also Lavo as well. Meanwhile, the directors of Lambo will have to work hard to diversify the income / industry and look for new contracts for their IT side.

Let's say and just a big BIG IF, if they managed to renew their contract on the IT side for 1 year or so, think about the revenue. It will go back to beginning-2019 levels.

Posted by 5354_ > 2020-04-07 14:35 | Report Abuse

Gem Live, Marquee Inter(yesterday Bursa news) how related to Food Panda?

Posted by foreverchung > 2020-04-07 14:35 | Report Abuse

@wong and if Gemspot will be super app, that's even better for LamboMove. Don't you think so? It means more business for LamboMove, which does not eat away Gemspot/Gemlive's branding compared to FoodPanda which is effectively their competitor.

Posted by luckycharm > 2020-04-07 14:36 | Report Abuse

Come on big kaki need to clear off 0.015

Posted by foreverchung > 2020-04-07 14:37 | Report Abuse

@5354_ I think Gemlive is own its own entity (owned by Netx Holding Berhad) and has nothing to do with FoodPanda. They just got into MoU with Lambo to be their delivery service partner, that's all.

Whereas for Lavo / Marquee Inter, would be another restaurant / F&B operator who appointed Lambo as their delivery partner as well via MoU. Again both no association with FoodPanda.

@wong was just mentioning FoodPanda as he thinks that Gemspot will use FoodPanda instead of LamboMove after MCO.

Posted by luckycharm > 2020-04-07 14:38 | Report Abuse

At least 0.050 cent this stock

Posted by foreverchung > 2020-04-07 14:48 | Report Abuse

@wong that would be good for Netx, then good for Lambo too.

Posted by ahbah > 2020-04-07 14:51 | Report Abuse

Agreed with u, n thank for sharing your info.