LONDON BISCUITS BHD

KLSE (MYR): LONBISC (7126)

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Last Price

0.02

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


6 people like this.

3,249 comment(s). Last comment by felet404 2023-12-10 09:18

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-08 22:40 | Report Abuse

When profit is not substantiated by positive cash flow, the profit is as good as paper profit and can't even afford to pay dividend.

After the right issues, bonus issues and private placement, it will soon become penny stock. Bear in mind private placement which normally is 10% below market price. If the NTA is the true value, believe someone has already more then willing to privatise it.

masterus

3,593 posts

Posted by masterus > 2017-08-09 09:44 | Report Abuse

Don't care about the dividend. Important is the share price move up to 1.50 to 2.00, then sell it for $$$.

janggut

236 posts

Posted by janggut > 2017-08-09 12:17 | Report Abuse

I agreed with u masterus..we are not looking for dividend..if u r looking for the dividend, u better invest or place ur money with ASB..price up we sell..

JamesPond

429 posts

Posted by JamesPond > 2017-08-09 13:30 | Report Abuse

For share price to move north into $$ territory, the co has to be making profit and making MORE profit in future years.

If make profit every year and does not distribute as dividend, then such accumulated profits should be sufficient to expand or replenish depreciated machineries. Lonbisc makes profit, does not pay div, yet no money for working cap and cannot afford to pay off loans that were used to buy those machineries. What Jeffreyteck says is true.

Lonbisc reminds me of those Chinaco listed in Bursa. They also every year make millions (some billions) of profits, no dividend....their share price now is 1 to 5 sen

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-09 15:02 | Report Abuse

@JamesPond... we should play our investors role to continue to raise our concerns on companies and management who only keep on asking $ instead of distributing profit back to SH. My very worst investment experience was Malaysia AE, became insolvent immediately few months after dividend paid, and management was fined very little and stock was zero value. Good management, regulators, auditor and bankers. Good luck.

http://m.thesundaily.my/node/280913

janggut

236 posts

Posted by janggut > 2017-08-15 17:05 | Report Abuse

Engine just started..

masterus

3,593 posts

Posted by masterus > 2017-08-16 12:32 | Report Abuse

Just first wave. Wait for more highest wave soon.

masterus

3,593 posts

Posted by masterus > 2017-08-16 14:50 | Report Abuse

Its nta 2.18. Current share price 0.765 is very cheap. Undervalued 65%

janggut

236 posts

Posted by janggut > 2017-08-16 17:42 | Report Abuse

Yess..undervalued stock..still accumulate..dont fly to early..

janggut

236 posts

Posted by janggut > 2017-08-18 14:52 | Report Abuse

1 day show? Oh noooo....its coming

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-18 15:02 | Report Abuse

i think got big shark coming in

TheContrarian

9,292 posts

Posted by TheContrarian > 2017-08-18 15:34 | Report Abuse

Jaws has arrived!

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-18 15:42 | Report Abuse

volume jump so high .. buyer vs seller

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-18 16:23 | Report Abuse

its ok i start making money already . lolx ..... only counter making money ... dammit

masterus

3,593 posts

Posted by masterus > 2017-08-18 17:00 | Report Abuse

Already reached 0.80.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-18 18:39 | Report Abuse

Push higher so that right issues can suck more $ from minority to fuel their pockets.

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-18 19:09 | Report Abuse

then push to 1.50 pls ! jeffrey

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-08-18 19:14 | Report Abuse

Go limit up!! Ha..ha..ha...

Jeffreyteck

4,247 posts

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

@LuckyG... 1.50, is impossible mission as institutional players are smart and not willing to pay high for private placement. If can push to 1 is already very lucky for the management.

I would suggest the name change to Holland Biscuits even though I am still holding some. Anyway, good luck for you.

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-19 22:56 | Report Abuse

aim high mah ... anyway b4 1.00 i sold off already for sure

brain

269 posts

Posted by brain > 2017-08-20 08:28 | Report Abuse

I m stii having some bot at 1.20. It was cheap those days rather years. Lonbisc were trading at above 2.0 before. Maybe si long ago that nobody rmbr.

volks2

1,116 posts

Posted by volks2 > 2017-08-21 11:19 | Report Abuse

0.815 now...something big is coming?

brain

269 posts

Posted by brain > 2017-08-21 11:22 | Report Abuse

Q report out nx week.

TheContrarian

9,292 posts

Posted by TheContrarian > 2017-08-21 11:34 | Report Abuse

I went through its QR for the past 15 years and was surprised to see that the Company never ever made a loss in a quarter.

stockraider

31,556 posts

Posted by stockraider > 2017-08-21 11:36 | Report Abuse

osted by TheContrarian > Aug 21, 2017 11:34 AM | Report Abuse

I went through its QR for the past 15 years and was surprised to see that the Company never ever made a loss in a quarter.

CORRECT OR NOT NO 1 QTR LOSS IN 15 YRS AH ??
IF LIKE THAT HOW COME THE SHARE PRICE SO DAMN LOW LEH ??

masterus

3,593 posts

Posted by masterus > 2017-08-21 11:53 | Report Abuse

The boss goreng it for right issue. Don't care it previous results. A pass is a pass. Now is money come.

stockraider

31,556 posts

Posted by stockraider > 2017-08-21 12:59 | Report Abuse

The Contraian say is correctloh.....!!
Raider is shocked and surprised of the good track record of Londonbis loh......!!
I think can slowly buy some for goreng play loh....if no goreng the current price ok for investment loh....don forget 15 yrs no one qtrly loss performance....every quarter profit woh...!!
Surely good company mah...!!

volks2

1,116 posts

Posted by volks2 > 2017-08-21 15:13 | Report Abuse

yes. the boss now goreng it.

TheContrarian

9,292 posts

Posted by TheContrarian > 2017-08-21 16:24 | Report Abuse

How's the biscuit? Tasty or not?

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-21 16:35 | Report Abuse

contra sold all which i bought last week .

masterus

3,593 posts

Posted by masterus > 2017-08-21 17:41 | Report Abuse

Its official homepage on the product there produced,
http://www.londonbiscuits.com.my

brain

269 posts

Posted by brain > 2017-08-21 18:13 | Report Abuse

If you go to any supermarket, you will see London chocol rolls lying beside apollo cakes. Apollo 1 box rm5.80 , London choco rolls rm5.50. Similarly longish potato chips r also the cheapest. Try some, they taste almost the same as pringles but selling at half the price. I think lonbisc is beginning on a new chapter in marketing, aggressive pricing. I foresee its profit she increase along with its revenue. It's potato chip line should contribute significant increase in profit considering the wide price gap between lonbisc brand n pringles.

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-21 23:24 | Report Abuse

i see good review of london biscuit on fb page. But ah, when i see financials, aiyoyo....roe less than 10%. If i buy, buffet will scold me. Lynch will scold me also.

Wait this biscuit sedap first, then i collect.

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-21 23:24 | Report Abuse

dump all monies into mutual fund maybe better than biscuit selling.

Pak Andak

896 posts

Posted by Pak Andak > 2017-08-21 23:26 | Report Abuse

Average Price Target: 0.96
Price Target Upside/Downside: +0.15
can collect from now...

Pak Andak

896 posts

Posted by Pak Andak > 2017-08-22 00:01 | Report Abuse

Aug 21, 2017 03:35 PM | Report Abuse

London biscuit just started its engine from yesterday 0.795 to highest 0.815 today. Stay tune.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-22 08:12 | Report Abuse

Good track records on books but not stock price in the past.
Good for speculation now pending private placement announcement, right cum bonus. Including this round, already asked more $$$ a few times from private placement within few years.
Last holders bought at peak, please get ready extra $ for the right, you are entitled for bonus only after you subscribed for the rights.

Pak Andak

896 posts

Posted by Pak Andak > 2017-08-22 08:17 | Report Abuse

agree

TheContrarian

9,292 posts

Posted by TheContrarian > 2017-08-22 18:38 | Report Abuse

I couldn't find any London products at the supermarket.

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-22 18:41 | Report Abuse

only certain supermarket got . those target lower market one .

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-23 16:51 | Report Abuse

New brand coming, Holland Biscuits, maybe more energetic with wind wheel logo than falling bridge.

smartly

6,431 posts

Posted by smartly > 2017-08-23 17:02 | Report Abuse

holland biscuits....

yeah. if is not because of a bunch of crook management, this could be another apollo. too bad hanky-panky with company's assets for own interest till debt is high and yet still want to squeeze shareholders with right issue....

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-23 20:59 | Report Abuse

@smartly... I don't know the management but the price over the past few years and frequency of private placement tell the story I guess. Good luck.

Pak Andak

896 posts

Posted by Pak Andak > 2017-08-23 21:06 | Report Abuse

Average Price Target: 0.96
Price Target Upside/Downside: +0.175

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-24 07:00 | Report Abuse

Public Bank TP consistently down, don't know what is the analysts KPI? Maybe is the quantity of output. Have a good day.

brain

269 posts

Posted by brain > 2017-08-25 06:36 | Report Abuse

Quarterly Report expected next week. Maybe the reason for the higher price. Has always been acting as such. After report out, back to 74.5 sen

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-25 08:16 | Report Abuse

Haha, they have brain too, otherwise no taker for the right and private placement. Speculative play only at this time. Est results: should be maintained if not increase but Apollo made less profit, risk of lesser profit remains.
Good luck to you, only management and related parties have first hand info and decision to be made. We only read old news papers and smart analysts reports. Poor disclosure regime.

Pak Andak

896 posts

Posted by Pak Andak > 2017-08-25 08:54 | Report Abuse

Today can fly or not?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-25 16:01 | Report Abuse

Sabar...Pak.
Hup Seng profit down, Apollo profit down, will be extremely surprised if falling bridge profit went up

brain

269 posts

Posted by brain > 2017-08-26 12:24 | Report Abuse

Generally every Q has been quite consistently giving eps of 2+ sen. Last Q was dissppointing at below 1 sen. Most like accouting treatment due to the divorce of kheesan resulting in lower revenue but high operating cost as i believe substantial Management operations were done at lonbisc level.
If the accounting were able to bill some of these costs back to kheesan , we shd b able to see a higher eps this Q or uf not nx Q. Kheesan shd see a drop in eps while lonbisc a corresponding increase in eps.
Probably such a scenario is already evident from the recent movement if kheesann lonbisc share price.

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