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

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-06-03 16:14 | Report Abuse

bing bong...if business very good need so many private placement?how much private placement conduct this year?cash flow remained concern...short term borrowing 90mil+ long term 200mil+ still got bank overdraft of 24mil...if company got the ability they should receive cash from receivables efficiency to settle off debts and fund their capex not private placement...

Posted by 1431599283521664 > 2019-06-03 16:23 | Report Abuse

another High 5 IN THE MAKING

Daily8

3,858 posts

Posted by Daily8 > 2019-06-03 18:56 | Report Abuse

they need funds to settle bank loans and opt for credits maintained. To see Lonbis are able to turnaround or not.

Daily8

3,858 posts

Posted by Daily8 > 2019-06-03 18:56 | Report Abuse

If at this price, Lonbis is able to turnaround, then chances are the stock price will fly at least 50 cents.

jgb349000

492 posts

Posted by jgb349000 > 2019-06-03 19:30 | Report Abuse

Hope wil fly tmrw

James Ng

2,706 posts

Posted by James Ng > 2019-06-04 09:02 | Report Abuse

https://klse.i3investor.com/blogs/general/209462.jsp
[转贴] [LONDON BISCUITS BHD:由于国内和国际方面的无数坏新闻,业务和消费者情绪预计会出现波动,因此仍面临挑战,原材料成本仍然是一个波动因素,各种商品价格由于其成本因素以及普遍的外汇条件而经历波动] - James的股票投资James Share Investing

Daily8

3,858 posts

Posted by Daily8 > 2019-06-06 15:35 | Report Abuse

Read Adam & co was the Auditor that resigned. After browsing thru the firm, I have to say this is one in competent accounting firm. U google and u know what I mean. They are not resourceful

jgb349000

492 posts

Posted by jgb349000 > 2019-06-07 20:55 | Report Abuse

May rebound nxt wk.

Superb99

6,604 posts

Posted by Superb99 > 2019-06-10 09:55 | Report Abuse

Cheap price, under accumulation, buy

Superb99

6,604 posts

Posted by Superb99 > 2019-06-10 15:50 | Report Abuse

have to break 0.345

noah

408 posts

Posted by noah > 2019-06-11 00:10 | Report Abuse

Group Receivables
30 September 2018

RM ('000)
Current :35,155
More than 30 days past due: 32,128
More than 60 days past due: 90,918
More than 120 days past due: 116,857
Total: 275,058

The past due booming receivables is very alarming!!
87% of receivables is PAST DUE!!
How could possibly someone with a sound mind run a company like this?

The group is having negative cash balances due to overdraft.
No wonder they need a private placement so badly.

Superb99

6,604 posts

Posted by Superb99 > 2019-06-11 12:42 | Report Abuse

0.37 now, only long term investor will looks at all these FA, for short term player, TA is more important, price breaks below support, just throw, if you really want good FA companies, go to those blue chip counters.

shpg22

2,984 posts

Posted by shpg22 > 2019-06-11 12:48 | Report Abuse

This is a pure gambling stock with 0 fundamental. Gamble at your own risk.

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2019-06-11 18:26 | Report Abuse

Climbing back to 50 near phase.

dlau8899

915 posts

Posted by dlau8899 > 2019-06-11 19:19 | Report Abuse

Going up 0.43

Posted by ckeonglim90 > 2019-06-13 14:20 | Report Abuse

the target price by public bank at 0.53 might come true. LOL

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2019-06-13 15:45 | Report Abuse

Slow and steady climbing to touch 50 getting firmly base if market didnt get trouble.

Posted by 430204813832245 > 2019-06-13 16:43 | Report Abuse

Must buy

Posted by ckeonglim90 > 2019-06-14 09:19 | Report Abuse

Go!!!!!!!!!!!!!!!!!!

thanaraj

115 posts

Posted by thanaraj > 2019-06-14 16:51 | Report Abuse

I had this share for more than 20 years. It has a grand name but shame cannot shine. I tried to buy this biscuit in big super markets but no luck. Company must adopt oompletley different strategy like sell it to some other small or big biscuit companies and run. Need better company directors with new strategies. Wake up directors. I wonder what was the recent cause for the share to be lifted in share price? Please respond to my suggestions here. Email: Jesdav36@gmail.com

Superb99

6,604 posts

Posted by Superb99 > 2019-06-14 23:10 | Report Abuse

Another hike is coming

Daily8

3,858 posts

Posted by Daily8 > 2019-06-15 01:52 | Report Abuse

Going for 50 cents

Posted by 430204813832245 > 2019-06-16 13:12 | Report Abuse

Next week going up between 0.45-0.53

xiaochong

46 posts

Posted by xiaochong > 2019-06-16 16:01 | Report Abuse

Will continue up? Ady raise 10sen since 0.28.

DrLee

6 posts

Posted by DrLee > 2019-06-17 13:45 | Report Abuse

Correction with not much volumes means uptrend still intact. Recommendation - Buy/top up.

howard498

279 posts

Posted by howard498 > 2019-06-18 10:52 | Report Abuse

Smart money started to go in slowly......

laychee

1,743 posts

Posted by laychee > 2019-06-18 10:54 | Report Abuse

Satay boys playing music chair in great tech. They need to lure some of them over here to goreng.

howard498

279 posts

Posted by howard498 > 2019-06-18 15:44 | Report Abuse

Volumn accumulating..................

xiaochong

46 posts

Posted by xiaochong > 2019-06-18 21:42 | Report Abuse

Can it break 40sen tmr?

howard498

279 posts

Posted by howard498 > 2019-06-19 17:43 | Report Abuse

剛剛走出爛泥, 不要期望過高......

Superb99

6,604 posts

Posted by Superb99 > 2019-06-20 17:36 | Report Abuse

Too slow

Posted by ckeonglim90 > 2019-06-21 08:40 | Report Abuse

will have good show today?

Posted by FlyingDragon > 2019-06-21 08:54 | Report Abuse

Hope it spend more time to consolidate at this price range before moving up

xiaochong

46 posts

Posted by xiaochong > 2019-06-24 23:21 | Report Abuse

PP again

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-06-25 06:46 | Report Abuse

Highest borrowings and the most frequent pp among the listed biscuits companies. Obviously cash flow is the problem, that reflect the management credibility and capabilities. PP is just enough to cover for a few months borrowings interest with the total borrowings above 350. Anyway, good for speculating play if not for LT.

Posted by Newbie Here > 2019-06-25 17:45 | Report Abuse

agree with jeffreyteck. cash flow is the main problem. Company that have cash flow problem usually because of management problem :(

Superb99

6,604 posts

Posted by Superb99 > 2019-06-26 14:14 | Report Abuse

poor support, up 1 cent, drop 2 cents

sasword

1,169 posts

Posted by sasword > 2019-06-26 15:43 | Report Abuse

So many clever ppls trap in this con counter again and again.

Posted by FlyingDragon > 2019-06-26 15:44 | Report Abuse

London Biscuit falling down, falling down, falling down....

howard498

279 posts

Posted by howard498 > 2019-06-28 11:26 | Report Abuse

Sabarlahhhh, tunggu saja.... baju dah busuk....perlu cuci banyak kali.... :)

Ozzz

48 posts

Posted by Ozzz > 2019-06-28 11:32 | Report Abuse

Reminder : eforce WA expired on 1st july at 5pm
so trade with carefull...
hear any goreng goreng???hmmm for last 2 days like ekovest wa just wait n see but dobt forget the expired date ya....

sasword

1,169 posts

Posted by sasword > 2019-06-28 17:27 | Report Abuse

Ignorant mgm has changed Lonbisc to Lonbitch.

Daily8

3,858 posts

Posted by Daily8 > 2019-06-28 21:32 | Report Abuse

When price fall, u called it bitch, but when the price went up, all quiet and discredit it.

shpg22

2,984 posts

Posted by shpg22 > 2019-06-29 10:02 | Report Abuse

Not Lonbisc, its Holbisc (Holland Biscuit). Don't waste your money here. Better buy HUPSENG or APOLLO.

howard498

279 posts

Posted by howard498 > 2019-06-29 14:06 | Report Abuse

Next week will be the critical week, if the smart money over washed it, they will also not going to get any advantages from it. btw. both hup seng and appolo r not doing so good esplly hup seng as the smart money r slowly running out from it.....

howard498

279 posts

Posted by howard498 > 2019-06-29 20:55 | Report Abuse

Price dropped on friday due to the additional share private placement?

Superb99

6,604 posts

Posted by Superb99 > 2019-07-01 13:54 | Report Abuse

don't touch this counter at the moment, already downtrend, wait till the trend change again

GuShen

141 posts

Posted by GuShen > 2019-07-01 21:09 | Report Abuse

The Board of Directors of LBB wishes to announce that LBB had on 27 June 2019 received a Writ of Summons together with the Statement of Claim dated 24 June 2019 (“Suit”) filed by Messrs. Skrine, the solicitors for BNSB, on LBB.

Based on the Statement of Claim, the Suit arises from the default of LBB’s payment obligations.

BNSB’s claim against LBB are as follows :-

1. The total sum of RM9,830,000.00;

2. interests on the amount owing under the Bankers Acceptance of RM1,830,000.00 at the rate of 1.50% per annum Base Lending Rate which as at 5 June 2019 is at 6.70% per annum (and such Base Lending Rate which may be determined by BNSB from time to time) default rate of 2.00% per annum on daily rest from 5 June 2019 till the date of full settlement;

3. Interests on the amount owing under the Operating Credit Facility of RM8,000,000.00 at the rate of 2.50% per annum Cost of Fund which as at 5 June 2019 is at 4.09% per annum (and such Cost of Fund which may be determined by BNSB from time to time) default rate of 1.00% per annum on daily rest from 5 June 2019 till the date of full settlement;

4. cost against the Defendant on solicitor and client basis; and

5. such further or other relief as the High Court deems fit and proper to grant.

GuShen

141 posts

Posted by GuShen > 2019-07-01 21:11 | Report Abuse

First started with qualified opinion given by its auditor for its audited account, and now bank loan defaulted. The Company still able to turnaround?

TheContrarian

9,507 posts

Posted by TheContrarian > 2019-07-02 00:30 | Report Abuse

Playing LonBisc is akin to playing Russian roulette. There's a bullet in one of the six chambers. There are safer counters to play, counters that will not end up as PN17.

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