Posted by LuckyG > 2017-06-15 10:20 | Report Abuse

i am buying . pls dont buy so aggresive ok !

Posted by TheContrarian > 2017-06-15 12:03 | Report Abuse

Eh you sold Insas to buy biscuits?

Posted by LuckyG > 2017-06-15 14:22 | Report Abuse

did you see the warrant price premium ? 60% so crazy ..... only dare to buy a bit .

Posted by TheContrarian > 2017-06-15 16:47 | Report Abuse

Ok, I also have some biscuits bought at average cost of 76 sen.

Posted by LuckyG > 2017-06-19 09:54 | Report Abuse

maybank say next sector going to rally is consumer product . i believe so .

Posted by TheContrarian > 2017-06-19 10:08 | Report Abuse

LuckyG, come back to Insas.

Posted by LuckyG > 2017-06-19 11:02 | Report Abuse

bought insas wb already . wb only . give up on the mother shares .

Posted by LuckyG > 2017-06-19 11:04 | Report Abuse

bought enough biscuits so no one chase ... expect the price to go down back . i am the guy chasing last week lolx.

Posted by LuckyG > 2017-06-23 18:23 | Report Abuse

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description LONDON BISCUITS BERHAD ("LBB" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT;
PROPOSED RIGHTS ISSUE WITH WARRANTS; AND
PROPOSED BONUS ISSUE

(COLLECTIVELY, THE "PROPOSALS")
On behalf of the Board of Directors of LBB, M&A Securities Sdn Bhd wishes to announce that LBB proposes to undertake the following proposals:

(i) a private placement of up to 22,381,500 new ordinary shares in LBB, representing 10% of the share capital of LBB to independent third party investor(s) to be identified;

(ii) a renounceable rights issue of up to 82,065,548 new ordinary shares in LBB (“Rights Shares”) together with up to 82,065,548 free detachable warrants (“Warrants”) on the basis of 1 Rights Share for every 3 existing ordinary shares held in LBB together with 1 Warrant for every 1 Rights Share subscribed at an entitlement date and at an issue price to be determined later (“Proposed Rights Issue with Warrants”); and

(iii) a bonus issue of up to 82,065,548 new ordinary shares in LBB (“Bonus Shares”) on the basis of 1 Bonus Share for every 1 Rights Share subscribed under the Proposed Rights Issue with Warrants.

Further details of the Proposals are set out in the attachment below.



This announcement is dated 23 June 2017.

Posted by LuckyG > 2017-06-23 18:24 | Report Abuse

Contratrian so is good or bad ? good right ? unlock this company value .

Posted by TheContrarian > 2017-06-23 20:50 | Report Abuse

Since they throw in free warrant and free bonus share the proposal looks good and will enhance overall market price (unlock company value as you put it) and close up the gap with the company's NTA. Note that M&A Securities is the stockbrokering subsidiary of Insas.

Posted by latlut > 2017-06-23 22:24 | Report Abuse

TheContrarian, do you mind if i email you ?

Posted by TheContrarian > 2017-06-23 22:32 | Report Abuse

Why?

Posted by latlut > 2017-06-23 22:33 | Report Abuse

i have some questions to seek your opinion if you dont mind.

Posted by TheContrarian > 2017-06-23 22:36 | Report Abuse

Can ask here.

Posted by latlut > 2017-06-23 22:49 | Report Abuse

US Fed is set to reduce its balance sheet this year and been actively raising interest rates. so, do you foresee a major correction is due to happen this year?

Posted by TheContrarian > 2017-06-23 23:14 | Report Abuse

US Fed's move to keep raising interest rates ought to have been discounted by the stockmarket as this is not a surprise and has been anticipated. US interest rate has been very low for years and is still currently low at 1.25%. However in M'sia we have our 1MDB scandal which spooks the foreign funds. Recent drop in KLSE was probably due to 1MDB. I'm more concerned with Dow Jones approaching 22,000. Since Trump becoming President, DJ Index has been scaling new highs. As it goes higher and higher the risk of a correction becomes greater and NEARER. How near no one knows.

Posted by latlut > 2017-06-23 23:22 | Report Abuse

ok,. many thanks for your opinion.

Posted by TheContrarian > 2017-06-23 23:27 | Report Abuse

Remember that a crash or severe correction of Dow Jones will impact all other global stock markets including ours.

Posted by Money > 2017-06-23 23:31 | Report Abuse

Really sifu's advice.
Thank you for the advice.

Posted by joetay > 2017-06-24 00:28 | Report Abuse

@TheContrarian , the bonus shares and warrants look attractive with the rigths but there is the private placement of 10% to consider. do u think still worth a punt????

Posted by Apollo Ang > 2017-06-24 00:51 | Report Abuse

profit down so much,they worry the price will down,purposely entice people to buy wif the rights and repay back wif bonus. for me I skip

Posted by TheContrarian > 2017-06-24 09:45 | Report Abuse

joetay, you have to decided it yourself whether it's worth to punt. Let's see how the market reacts next week.

Posted by joetay > 2017-06-24 10:18 | Report Abuse

@TheContrarian , just what i was thinking of. technically, the stock looks ok in the longer term but becos of the private placement, may act as a big dampener.

Posted by Money > 2017-06-24 12:04 | Report Abuse

Current price is in low range, i think only going up or stay in current stage.

Posted by TheContrarian > 2017-06-24 12:06 | Report Abuse

Don't worry about it, let the market decide next week.

Posted by smartly > 2017-06-24 15:52 | Report Abuse

con man company. better stay out.

Posted by smartly > 2017-06-24 15:53 | Report Abuse

apollo better

Posted by smartly > 2017-06-24 15:54 | Report Abuse

long long time ago also give private placement @ RM1.
those who take up the pp must be cursing.
since then never go up above 1 at all.

Posted by smartly > 2017-06-24 16:00 | Report Abuse

no dividend. 3q result so bad.
crook management. sack them is the best way out for lonbisc.

Posted by Jeffreyteck > 2017-06-27 20:37 | Report Abuse

Forever private placement, now add on, ask for more $$$ money through right issue. Good luck to all poor minority SH.

Posted by brain > 2017-06-27 23:04 | Report Abuse

Previously private placement were fine. All taken by bod at rm1 when market was only 60 plus sen. Meaning the bod were pumping in money into the company. This benefitted the other minority SH.
This round its below rm1. Even then its still ok because the other SH still get to maintain their shareholdings % at a lower cost compared to the buyers of private placement, rights with w n bonus.
Basically if minorities SH shd tske up the rights if they want to stay with the com, otherwise sell out tmrw or else you will end up losing as the share price will adjust downwards after the rights.

Posted by Money > 2017-06-27 23:33 | Report Abuse

Nomally request money pump in is bad news.
See tomoro market how?

Posted by stockmanmy > 2017-06-27 23:36 | Report Abuse

should be able to fine a better business than biscuit business.

Posted by LuckyG > 2017-06-28 11:46 | Report Abuse

normally the price only up after Private issue . if the price go up now too much they have to pay more .

Posted by Jeffreyteck > 2017-06-29 09:21 | Report Abuse

@smartly... unfortunately no objective KPI for management and BOD. Most likely they are still rewarded with big $ and no one can sack them. KPI is only meant for employees or known as kaki and tangan.

Posted by Jeffreyteck > 2017-06-30 08:39 | Report Abuse

@tan5995...strongly agree with you.

Posted by smartly > 2017-06-30 09:06 | Report Abuse

@Jeffreyteck, these bunch of crook management is trying to siphon $$$ out from the company. look at their Plant & Machinery unusually high compare to Apollo. 467m vs 64m. yet unable to sustain earnings like Apollo. worst.. profit drop some more.
7 times of machinery compare to Apollo but sales is far worst than Apollo. where got logic ?
the crook management is definitely have some hidden agenda behind having called for rights issue now. most likely buying overprice asset and cheap their way thru by siphoning the extra $$$ out to their pockets.
better stay out.

Posted by smartly > 2017-06-30 09:09 | Report Abuse

*cheat

Posted by aam1932 > 2017-06-30 19:41 | Report Abuse

good counter, always i make profit haaaaa

Posted by Jeffreyteck > 2017-06-30 21:07 | Report Abuse

@smartly.. TQVM for the info. Looks like the NTA has to be adjusted to reflect productive and efficient P&M. I gave up this counter. Unless it is for speculative play by speculators. Good luck.

Posted by joetay > 2017-07-06 19:22 | Report Abuse

@smartly , r u sure u read their financials and even understand the biz????

their operating profit margin is higher than apollo, but management no give dividend. how u expect mkt to be interested????

@investco , i have to agree with u that it is an operationally efficient company but if no good dividend or ibs spinning stories, how to go up????

Posted by Jeffreyteck > 2017-07-28 17:28 | Report Abuse

Dividend? Haha, better keep $ for a few of them instead of for minority. Should demand for dividend policy and KPI.

Posted by janggut > 2017-07-30 12:54 | Report Abuse

This stock will fly soon..look at the chart..above rm1 for sure..

Posted by gohku > 2017-07-30 12:59 | Report Abuse

This stock badly manage.
Even announce corporate exercise with bonus and free warrant cannot move.
Unless got new takeover then got hope .

Posted by janggut > 2017-07-31 12:12 | Report Abuse

It is accumulating..slowly..just flush out all the contra player..it can move but need sometime..

Posted by Jeffreyteck > 2017-08-03 11:43 | Report Abuse

Should punish counters without giving a reasonable dividend. Three times private placements over the past few years. Good in changing financial year, incorporate Kheesan accounts but subsequently abandoned it...Unless purposely push up the price, otherwise right issue will have to fix at a lower price which is not worth for the management to do so as they want $.

Posted by janggut > 2017-08-03 20:09 | Report Abuse

Engine just started..wait n see

Posted by Jeffreyteck > 2017-08-05 08:27 | Report Abuse

Good luck janggut. Just read its right and bonus issue notice. Bonus is only entitle for those who subscribed the right issue... Poor company, poor minority SH. No doubt the price may be pushed up for whatever purpose, we should punish company which keep on asking $ without giving sufficient dividend. In the coming AGM, suggest the company name change to Holland Biscuits would be more justifiable. Good luck.

Posted by JamesPond > 2017-08-08 13:12 | Report Abuse

Rubbish Co. Apparently every year make profit...So why the need for rights if every year make profit???