Posted by Daily8 > 2019-08-01 18:02 | Report Abuse

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description LONDON BISCUITS BERHAD ("LBB" OR "THE COMPANY")
- MONTHLY ANNOUNCEMENT PURSUANT TO THE PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Reference is made to the Company’s announcement dated 8 July 2019 in relation to the Company being classified as an affected listed issuer under PN17 ("First Announcement").



The Board of Directors of the Company wishes to announce that the Company is in the midst of formulating its regularisation plan to regularise its financial condition and there is no major development to-date. The Company will make necessary announcement in regards to any latest development on the above matter.



The Company has approximately eleven (11) months to submit its regularisation plan to the relevant authorities for approval.



This announcement is dated 1 August 2019.

Posted by Daily8 > 2019-08-01 18:03 | Report Abuse

already 1 month passed. No development.

Posted by Alan Wong > 2019-08-01 18:06 | Report Abuse

Directors Continue Buying Spree during this PN17 ....In case if you wonder its for them to know but for us to find out !!!

Posted by Daily8 > 2019-08-01 18:08 | Report Abuse

when I see few companies PN 17 today, I think of LONBIS.

PN17:-
1. EKA
2.IDMENSN
3.MAA
4.gnb
5. maxwell

Posted by Alan Wong > 2019-08-01 18:08 | Report Abuse

the Company is in the midst of formulating its regularisation plan to regularise its financial condition and there is no major development to-date. The Company will make necessary announcement in regards to any latest development on the above matter.

It can only get better once announcement is out...maybe a solution ...its still your call

Posted by Daily8 > 2019-08-01 18:37 | Report Abuse

11 months more. perlahan-lahan tunggu.

Posted by shpg22 > 2019-08-01 20:25 | Report Abuse

Better bet on roulette wheel, at least result is immediate

Posted by ppginvest > 2019-08-01 21:15 | Report Abuse

kikikiki

Posted by vvvv > 2019-08-02 15:48 | Report Abuse

As on 31st March 2019, LB has a total asset of RM846m, and a total liability of RM465m, giving it a net asset or equity of RM381m. With an outstanding number of shares of about 247m, net asset per share is RM1.54.

What about the RM452m in PPE? Do you think it even worth a tenth of it on liquidation? In the last financial report, the auditor has in fact made a qualified statement on the worth of the PPE as they were unable to verify the true value of those PPE. I have had my head full of dew water wondering how a biscuits company with an annual RM10m profit requiring RM452m in PPE to do its business.

Just taking the two major assets of LB, PPE and Receivables, which total is worth RM3.13 per share, if they are worth just 50% of their book value, the net asset net asset of LB will fall to zero, and that is the value shareholder will get on liquidation. In my opinion, both are worth much less, and especially PPE, which I doubt is even worth a tenth of its value on liquidation. I am sure a rational investor of LB shouldn’t hope for the liquidation of LB as, if LB is still an ongoing concern, there is still an option value.

Posted by wah168 > 2019-08-04 09:54 | Report Abuse

still can buy ???

Posted by moneypedia > 2019-08-04 10:10 | Report Abuse

29 director buying could be bottom play nway...tayor...set ur cut loss or averagin point

Posted by unorthodox > 2019-08-04 10:16 | Report Abuse

Don't buy!!!
Don't throw away your money!!!

Posted by Robinson > 2019-08-04 13:49 | Report Abuse

there are 1k stocks to buy in klse why you all want to put your hard earned money into this default pn17 company????

Posted by Robinson > 2019-08-04 13:50 | Report Abuse

now with trade war worsen, even monez making company also sink, you think lonbisc will survive?

Posted by moneypedia > 2019-08-04 15:49 | Report Abuse

yalah dont buy lah...put in FD safer lahhh...buy gold laa fiat money waiting for apocalipse....jeng jeng jengggg...sound effect a bit....

Posted by moneypedia > 2019-08-04 16:29 | Report Abuse

nway just divesified widely yooo

Posted by kelvin > 2019-08-05 11:05 | Report Abuse

lol

Posted by masterus > 2019-08-05 11:25 | Report Abuse

Psiptek 7145.
NTA : 0.57
Third quarter EPS : 0.12

Posted by ivan9511 > 2019-08-05 20:14 | Report Abuse

London biscuits. Account got a little bit problem.
No matter how good results nta near 2 ringgit.
Since listed never loss money.
Every day still got many people like to buy London biscuits products.
Every day still got many people like to eat London biscuits including me.
I personally like london biscuits rather than hup seng biscuits because I like sweet buskit.
Now more cheap than parkson and Bjc company.
Factory is there. Sales comfirm got because food qulitty is good and sales is top see every qr made super good results already know.
Maybe is time for hupseng or Apollo to eat whole London biscuits company.
Since nta so high I personally feel which whoever offier 80sen to take over London.
If ytl or bjfood want ytl maybe can higher the offer price to 1 ringgit
Because ytl always generous to give good price if ytl want to private a comapny
Other company I gues 80sen or 90sen maximum

Posted by shpg22 > 2019-08-06 12:39 | Report Abuse

Another Apah Amah crying stock. Drop until underwear also gone.

Posted by SweetNovember > 2019-08-06 12:57 | Report Abuse

Today will pump in another 200k.. Let's Huat together.. September will be lucky month for all London biscuit holder. No joke.

Posted by Alan Wong > 2019-08-06 13:21 | Report Abuse

Careful very low vol...still PN17 status ....many bought high waiting to dispose ...dun regret later joining the waiting to sell club

Posted by SweetNovember > 2019-08-06 15:44 | Report Abuse

Done 200k. Tomorrow will push to 0.17.

Posted by moneypedia > 2019-08-06 15:47 | Report Abuse

yah gah

Posted by Alan Wong > 2019-08-06 17:21 | Report Abuse

been in sell Q for last few weeeks until my mustache also long long liao....buy is easy try selling but gotta take a new Q no

Posted by moneykj > 2019-08-07 07:59 | Report Abuse

Go to Kanger to claim back your losses.

Posted by kelvin > 2019-08-07 09:58 | Report Abuse

SweetNovember Done 200k. Tomorrow will push to 0.17.
---------------------------------------
ok


















lol

sohem

Posted by shpg22 > 2019-08-07 16:17 | Report Abuse

Dato disposed d. High possibility real company NTA is negative. Tin kosong company. Probably has been selling biscuit tin kosong all this while to his gang.

Posted by confidential > 2019-08-07 16:17 | Report Abuse

tomorrow 8/8 is good day...market will start rebound

Posted by HangSengIndex > 2019-08-07 18:15 | Report Abuse

So many big shot disposed it.

Posted by masterus > 2019-08-07 23:04 | Report Abuse

Pn17 company, soon may reach 0.005 like perisai. Better run first when still have price. If reach 0.005, sell also no use like perisai.

Posted by kelvin > 2019-08-08 09:54 | Report Abuse

thought 0.17 now ?

Posted by Alan Wong > 2019-08-08 17:43 | Report Abuse

its a trap ezy buy but very hard to sell.....careful

Posted by Jeffreyteck > 2019-08-09 18:30 | Report Abuse

Even god is unable to rescue unless speculative play hit and run. Interest expense is enough to kill don't even talk about loans repayment etc.

Posted by Dinasd123 > 2019-08-10 13:53 | Report Abuse

London Bis is gd fundamental, Eps 1.80
Buy keep

Posted by enigmatic [Breaker of Speculative Investing] > 2019-08-10 14:09 | Report Abuse

Mana ada fundamentals? Refer to kcchongnz's article dulu. substantial shareholders are all disposing. Don't buy.

Posted by kk101 > 2019-08-11 20:43 | Report Abuse

Any idea, wat next on Lonbisc? Will company take over or Liew family will build Lonbisc and finance the debt.

Posted by Jeffreyteck > 2019-08-12 10:00 | Report Abuse

The next is NTA will continue to drop.

Posted by unorthodox > 2019-08-12 10:08 | Report Abuse

More and more people are waking up to the fact that LONBISC is a shit and con company!
You buy, you lose!
For current shareholders: you hold, you lose!

Posted by Robinson > 2019-08-12 13:24 | Report Abuse

huh now only wake up? default on loan and enter pn 17 is a fact not myth

Posted by taloha > 2019-08-13 18:12 | Report Abuse

@rmkfac100812 as usual in i3 bro haha

Posted by kelvin > 2019-08-14 16:22 | Report Abuse

rmkfac100812 When down say -ve thgs.. When up say +ve thgs..
--------------
is a fact lonbisc default in loan and bursa send them to pn17 !

Posted by ivan9511 > 2019-08-14 18:22 | Report Abuse

the boss say still not yet cheap ,

IF now at 0.12sen you still not dare to buy , I cannot see any reason you can buy what counter.
Remember when Bjland hit 15sen , I recommend people buy at 15.5sen becos 15sen hard to match
Now Bjland 20.5sen all follow me earn a lot of easy money .
Must have a perceptiont to feel now is the player game or banker game
otherwise you very easy be xploited or being used by banker to make you sell at 12sen with Nta such rich earnigng net profit such strong londonbis
nta so much billions when debt only 1% of the Lnodon total asset
people sell 12sen the boss still not yet happy
Bank is happy to loan which this Lomdon got so much billions Rich assets and comfirm net profit busness
food is good products also good, quality good sales is good Nta is super billions
Example you have many house , bungalow ,property, now you want bank borrow you 100 only, I think many bank want to do your deal.

Thinks again london just owe a small kacang
If let say they cannot pay 10000 billions ringgit then is true strory
must think is con Hearted person purposely push down for buy cheap or you really think the strory
such strong rich Nta

NTA (RM)
: 1.570
Par Value (RM)
: 1.000

Market Capital (RM): 36.35m
Number of Share: 290.78

EPS (cent): 6.85 *

P/E Ratio: 1.82

ROE (%): 4.36



Date Financial
Year No. Financial
Quarter Revenue
(RM,000) PBT (RM,000) Net Profit
(RM,000) EPS (Cent) Dividend
(Cent) NTA
(RM) Download
Report
31 May 2019 30 Sep 2019 2 31 Mar 2019 121,609 6,205 5,930 2.43 0.00 1.570 Malaysia Stock - KLSE Quarter Report History 197%
28 Feb 2019 30 Sep 2019 1 31 Dec 2018 109,014 5,731 4,953 2.44 0.00 1.910 Malaysia Stock - KLSE Quarter Report History 74%
30 Nov 2018 30 Sep 2018 4 30 Sep 2018 98,134 7,176 6,655 3.43 0.00 2.070 Malaysia Stock - KLSE Quarter Report History 191%
30 Aug 2018 30 Sep 2018 3 30 Jun 2018 91,151 3,261 2,389 1.28 0.00 2.200 Malaysia Stock - KLSE Quarter Report History 70%
31 May 2018 30 Sep 2018 2 31 Mar 2018 69,457 3,606 2,000 1.07 0.00 2.190 Malaysia Stock - KLSE Quarter Report History 162

Posted by EatCoconutCanWin > 2019-08-14 18:24 | Report Abuse

hold this knn stock

Posted by Robinson > 2019-08-15 18:04 | Report Abuse

told you all it is heading to 0.005 like perisai. rmkfac100812 pn17 now

Posted by CITADEL > 2019-08-15 18:56 | Report Abuse

hold until delisted!! huat arrr!!

Posted by Kinos > 2019-08-15 19:26 | Report Abuse

Fight !!!! Until the end

Posted by Tney Hua > 2019-08-15 19:47 | Report Abuse

Don know hold or wat...headache

Posted by freddiehero > 2019-08-15 19:57 | Report Abuse

all.the best guys..

Posted by freddiehero > 2019-08-15 19:57 | Report Abuse

c there daya... im.hold til pn17