Posted by Lukesharewalker > 2019-11-09 10:36 | Report Abuse

They lied about everything

Posted by DobitaLim > 2019-11-09 12:09 | Report Abuse

Still paying this sohai counter,know your all big shark plenty of money, btw this cap ayam kaunter will delist soon, dont waste your time here before money all burn out

Posted by future > 2019-11-09 12:53 | Report Abuse

Looks like you Dobita lim also wasting time here!Others made money buy .005 n sell .006.
Are you sister to cat lim which also sounds negative?i thought Lim’s are positive mindedness people!

Posted by kk101 > 2019-11-11 13:54 | Report Abuse

Lonbisc is dying. Share is up. 0.2

Posted by future > 2019-11-12 09:54 | Report Abuse

Aiyaah, Lonbisc moving again. any target price?

Posted by CityHuntEr > 2019-11-12 11:38 | Report Abuse

Be careful on this type of company...financial report just play around the figure...profit just a number, don't even know when able to redeem the profit...lol...
NTA RM1.28, let say they have at least 50%, RM0.64
Total share : 290M * RM0.64 = 186M, pay back 90M, Balance 96M
96M/290M = RM0.31
But, everything just in figure...

Posted by future > 2019-11-12 11:45 | Report Abuse

Aiyah, bought 0.05/0.055, can take profit now@0.085-.009

Posted by rioy707 > 2019-11-12 11:51 | Report Abuse

up to 20% ????? wahh

Posted by B4b4 > 2019-11-12 13:10 | Report Abuse

Why up? Hutang tak bayar pun boleh up.

Posted by rajachulan > 2019-11-12 14:07 | Report Abuse

for the record

Posted by flexibt > 2019-11-12 16:55 | Report Abuse

wtf?

Posted by Alaska Lang > 2019-11-12 18:18 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6337829

Posted by Jeffreyteck > 2019-11-12 23:42 | Report Abuse

London Biscuits' defaults rise to RM111.71 mil as it fails to pay RHB Bank.... good luck. Best for trading only. Wonder why many banks lent it. Failure in risk management and internal controls? A comparative with other biscuits companies will highlight its risk.

Posted by lam > 2019-11-13 01:00 | Report Abuse

London Biscuits' defaults rise to RM111.71 mil as it fails to pay RHB Bank
November 12, 2019
KUALA LUMPUR (Nov 12): Practice Note 17 (PN17) company London Biscuits Bhd has again defaulted — this time on principal payments to RHB Bank that amounted to RM22.52 million.
In a bourse filling, the confectionery manufacturer said the default, dated Oct 2, was due to “cash flow constraint”.
“The company is currently assessing the significant impact of the default in payment on the business, financial and operations of the remaining business of the group,” it added.
The group previously announced that it had defaulted on payments amounting to RM89.19 million to seven banks between June 19 and Sept 20 this year. The seven are: Bank Islam Malaysia Bhd, Bank of China (Malaysia) Bhd, Malayan Bank Bhd, United Overseas Bank Bhd, OCBC Bank (Malaysia) Bhd, OCBC Al-Amin Bank Bhd and HSBC Bank Malaysia Bhd.
The announcement today brings its default tally to RM111.71 million.
The group is currently facing a winding-up petition. Lim San Peen of PricewaterhouseCoopers Advisory Services Sdn Bhd has been appointed the interim liquidator.
London Biscuits shares rose 28.57% or two sen to close at nine sen today, with a market capitalisation of RM26.17 million, after trading volume spiked to 11.46 million, 68% more than the average 6.81 million shares seen in the past 200 days

Posted by max8999 > 2019-11-13 09:10 | Report Abuse

New golden rule, more default payment, share price increase more.

Posted by rajachulan > 2019-11-13 09:31 | Report Abuse

no one worry about the debt now???? hahahahahahahaha

Posted by Newbie Here > 2019-11-13 09:42 | Report Abuse

i guess something brewing...

Posted by kk101 > 2019-11-13 09:50 | Report Abuse

High volume.

Posted by Orson Chin > 2019-11-13 09:52 | Report Abuse

白武士

Posted by B4b4 > 2019-11-13 10:17 | Report Abuse

Who is paying the DEBTS?

Posted by Hawk Eye > 2019-11-13 10:26 | Report Abuse

Good move ...it have gd volume, right time to BUY..

Posted by icecool > 2019-11-13 11:07 | Report Abuse

its a miracle this pn17 company still haven reach floor price hahaha

Posted by rioy707 > 2019-11-13 12:06 | Report Abuse

London Biscuits: Defaults rise to RM111.7m as it fails to pay RHB Bank. London Biscuits has again defaulted — this time on principal payments to RHB Bank that amounted to RM22.52m. It said the default was due to “cash flow constraint”. The group previously announced that it had defaulted on payments amounting to RM89.19m to seven banks between June 19 and Sept 20 this year. (The Edge)


But the price rise....... ??? what happened?

Posted by rajachulan > 2019-11-13 15:28 | Report Abuse

eventually the market remember the debt? hahahahahahahaha

Posted by TanChinku > 2019-11-13 16:40 | Report Abuse

Market talk, Ex Munchy boss is the white knight

Posted by Holyman > 2019-11-13 17:10 | Report Abuse

londonbisc to SYDNEYbisc..

Posted by rajachulan > 2019-11-13 17:17 | Report Abuse

so....arnotts is interested also???

Posted by Holyman > 2019-11-13 17:19 | Report Abuse

Mostly vulture fund from aussie..

Posted by rajachulan > 2019-11-13 17:34 | Report Abuse

london choco roll

london choco roll

see you in star awards 2020!!!

collect while others arent here...

Posted by kk101 > 2019-11-13 19:48 | Report Abuse

Ventures fund is investment company. I dnt think they interested to run this business.

Posted by TrendLai > 2019-11-13 20:09 | Report Abuse

These funds always act on behalf for their clients

Posted by Jeffreyteck > 2019-11-14 21:37 | Report Abuse

Eventually default amount will tally with total borrowings unless a positive plan or haircut by bankers. Believe some bankers related staff bonus will be cut.

Posted by shpg22 > 2019-11-16 11:51 | Report Abuse

Its Net Asset is negative d lo. Not 1.28/share as stated. The management have cook up its book.

Posted by soso9999 > 2019-11-17 22:35 | Report Abuse

Gogogo

Posted by sasword > 2019-11-18 11:06 | Report Abuse

Money laundering fund again.

Posted by kk101 > 2019-11-20 15:29 | Report Abuse

I tot this counter gg delisted. Stil so actively trading...why??????

Posted by cat lim > 2019-11-21 17:45 | Report Abuse

kk101, shark just want to make some monies before delisted. as they know i3 got a bunch of supporters.

Posted by B4b4 > 2019-11-25 13:13 | Report Abuse

No more bullets

Posted by Jeffreyteck > 2019-11-29 19:51 | Report Abuse

NTA became negative. Early warning already. Good luck. Loss 440m.

Posted by tigerball > 2019-11-29 20:25 | Report Abuse

Congrats u all... Monday can buy 7 cent

Posted by Goh Kim Hock > 2019-11-29 20:31 | Report Abuse

did the sharks manage to escape from this counter?

Posted by CharlesT > 2019-11-29 20:34 | Report Abuse

will follow the fate of silver bird...even a bigger hole than it

Posted by Alaska Lang > 2019-11-29 20:44 | Report Abuse

this financial report really got big problem, sure got shareholder charge the directors into the court , let wait n see

Posted by EatCoconutCanWin > 2019-11-29 20:49 | Report Abuse

Can't delist as still better than MAS airlines

Posted by shpg22 > 2019-11-29 21:04 | Report Abuse

Another mini TRANSMILE revealed. Arrest all the director & top management. Downgrade immediately to 0.5 cents

Posted by abang_misai > 2019-11-29 21:04 | Report Abuse

Ini Apolo punya kawan

Posted by enigmatic ¯\_(ツ)_/¯ > 2019-11-29 21:22 | Report Abuse

Wouldn't the directors and management be hauled up for questioning? Impossible for them not to know about the dire states of the company. They have to bear responsibility. Otherwise, i3investors can just prepare a company for listing and claim innocence about the losses and impairments.

Posted by Invest_888 > 2019-11-29 21:40 | Report Abuse

In conclusion, many quarterly report were fakes. Just like illegal money game, once know the truth, all investors suffering.... How come the auditor can not find it at all? Can the directors or managing director escape from Law punishment. In my opinion, the Bursa Malaysia & Security commission should bear some responsibility, at least must implement some useful guidelines to avoid this scam.

Posted by Daily8 > 2019-11-29 22:12 | Report Abuse

This company finally report real result.

Posted by Eagle_T > 2019-11-29 22:27 | Report Abuse

Next one is Kheesan....