Posted by GuShen > 2019-12-02 20:09 | Report Abuse

This quarter impaired receivables. Coming quarter may make impairment for equipment and machinery probably up to RM200mil to RM300mil. Because the assets is seriously overstated.

Posted by GuShen > 2019-12-02 20:25 | Report Abuse

No wonder Liew family members sold all their shares and resigned from the board.

Posted by calvintaneng > 2019-12-02 20:30 | Report Abuse

Posted by GuShen > Dec 2, 2019 8:25 PM | Report Abuse

No wonder Liew family members sold all their shares and resigned from the board.

WHEN INSIDERS SELL LIKE NO TOMORROW THIS IS A WARNING SIGN INDEED

ON THE OTHER HAND IF INSIDERS ARE BUYING THAT TELLS US SOMETHING USUALLY GOOD WILL HAPPEN

Posted by Daily8 > 2019-12-02 21:12 | Report Abuse

lonbis need to be sued by all the shareholders. the family manipulated the company account for years.

Posted by Daily8 > 2019-12-02 21:16 | Report Abuse

calvintaneg,

25 july 2019, they acquired the shares.....

LONBISC LIEW YEW CHENG Acquired 200,000 38 - 45,882,550 15.7790 45,882,588 15.7790
31 Jul 2019 LONBISC LIEW YET MEI Acquired 200,000 49,588 0.0170 45,833,000 15.7620 45,882,588 15.7790
31 Jul 2019 LONBISC LIM YOOK LAN Acquired 200,000 280,608 0.0970 45,601,980 15.6820 45,882,588 15.7790
31 Jul 2019 LONBISC LIEW YET LEE Acquired 200,000 2,715,838 0.9340 43,166,750 14.8450 45,882,588 15.7790
31 Jul 2019 LONBISC LIEW KUEK HIN Acquired 200,000 312 - 45,882,276 15.7790 45,882,588 15.7790
31 Jul 2019 LONBISC MEILEELANUSA SDN. BHD. Acquired 200,000 40,168,723 13.8140 - - 40,168,723 13.8140
31 Jul 2019 LONBISC LIEW YEW CHUNG Acquired 200,000 2,667,481 0.9170 43,215,107 14.8620 45,882,588 15.7790
26 Jul 2019 LONBISC LIEW YET LEE Acquired 310,000 2,715,838 0.9340 42,966,750 14.7760 45,682,588 15.7100
26 Jul 2019 LONBISC LIEW YET MEI Acquired 310,000 49,588 0.0170 45,633,000 15.6930 45,682,588 15.7100
26 Jul 2019 LONBISC LIEW YEW CHENG Acquired 310,000 38 - 45,682,550 15.7100 45,682,588 15.7100
26 Jul 2019 LONBISC LIEW KUEK HIN Acquired 310,000 312 - 45,682,276 15.7100 45,682,588 15.7100
26 Jul 2019 LONBISC LIM YOOK LAN Acquired 310,000 280,608 0.0970 45,401,980 15.6140 45,682,588 15.7110
26 Jul 2019 LONBISC MEILEELANUSA SDN. BHD. Acquired 310,000 39,968,723 13.7450 - - 39,968,723 13.7450
26 Jul 2019 LONBISC LIEW YEW CHUNG Acquired 310,000 2,667,481 0.9170 43,015,107 14.7930 45,682,588 15.7100
25 Jul 2019 LONBISC LIEW KUEK HIN Acquired 100,000 312 - 45,372,276 15.6030 45,372,588 15.6030
25 Jul 2019 LONBISC MEILEELANUSA SDN. BHD. Acquired 100,000 39,658,723 13.6390 - - 39,658,723 13.6390
25 Jul 2019 LONBISC LIEW YET LEE Acquired 100,000 2,715,838 0.9340 42,656,750 14.6700 45,372,588 15.6040
25 Jul 2019 LONBISC LIEW YET MEI

They only sold 5 Aug 2019 onwards after the Auditor resigned.
AND THEY SOLD ALL THE WAY...

SO YOU'RE NOT ENTIRELY CORRECT TOO. COMPANY DIRECTORS BUY THEIR OW SHARES ISN'T DEEMED THE COMPANY IS OK CONDITION.

Posted by Daily8 > 2019-12-02 21:17 | Report Abuse

I LEARNT LONBIS WITH COMPLETE GRIT.

ACCOUNTS CAN BE MANIPULATED AND THEY HIDE I FOR YEARS WITH REPORTING PROFITS.

I'M VICTIMISED BY LONBIS. LEARNT AND PAID A HUGE FEE.

Posted by i3lurker > 2019-12-02 21:21 | Report Abuse

he will keep quiet
coz anything he says can be used against him
especially since he is promoting NetX heavily now
:)

////They only sold 5 Aug 2019 onwards after the Auditor resigned.
AND THEY SOLD ALL THE WAY...

SO YOU'RE NOT ENTIRELY CORRECT TOO. COMPANY DIRECTORS BUY THEIR OW SHARES ISN'T DEEMED THE COMPANY IS OK CONDITION.///

Posted by i3lurker > 2019-12-02 21:29 | Report Abuse

possible actions are from

SC
shareholders
banks

they can escape jail term from banks by quietly paying up all those BAs which are from fake invoices

shareholders rarely want to spend more money to sue.

left behind SC,
SC will only take action if complaint is lodged with them.

https://www.sc.com.my/investor-empowerment/lodge-a-complaint/capital-market-service-related-complaints

If you have any complaints and/or enquiries pertaining to the Malaysian capital market, you may contact the Consumer & Investor Office (“CIO”) by:

Calling (603) 6204 8999;
Emailing aduan@seccom.com.my ;
Mailing to:
Consumer & Investor Office
Securities Commission Malaysia
No 3 Persiaran Bukit Kiara
Bukit Kiara;
50490 Kuala Lumpur;
Faxing (603) 6204 8991
For complaint, please download and complete the form (link) and forward the same to SC.

Posted by Daily8 > 2019-12-02 21:37 | Report Abuse

i3lurker, damaged been done.

Can only blame myself. Have to own up to own mistakes.

Posted by Daily8 > 2019-12-02 21:40 | Report Abuse

NEVER EVER LISTEN TO ANYBODY INCLUDE I3. TRADE WITH YOUR OWN RISKS.

I DUNNO WHO IS CALVINTANENG AND HE ALSO DUNNO ME. ALSO I DUNNO WHO IS I3LURKER AND U ALSO DUNNO ME.

IF I BUY NETX AND KOYAK LATER ON, ANYBODY CAN SAY " I NEVER ASK U TO BUY" HAHA
THEN WHO U WANT TO BLAME? NOBODY EXCEPT YOURSELF.

IT MAKES A FOOL TO BUY BECOZ OF SOMEBODY PROMOTE ONLINE AND U KNOW NOTHING OF THAT PERSON. HAHA

-END OF STORY-

Posted by Daily8 > 2019-12-02 21:41 | Report Abuse

DON'T MAKE YOUR LIFE A COMEDY & TRAGEDY!

Posted by i3lurker > 2019-12-02 21:42 | Report Abuse

repeat again in case you missed it:-

look at accounts
look at borrowings
hunt for Bankers Acceptances, if figure is unusually high (more than 50% of Turnover ie sales figure),

dun ever buy at whatever price coz it may be worth zero.

there are a lot of other indicators,
these BA figure is a lazy man way coz very quick and easy

Posted by i3lurker > 2019-12-02 21:45 | Report Abuse

the BA figure has never failed me yet as an indication of the nuclear reactor going critical.

in another case
the BA borrowings 40 million,
Turnover 40 million meaning 100% ratio,
less than 1 year later total collapse

Posted by i3lurker > 2019-12-02 21:49 | Report Abuse

BA around 30% of Turnover = hard times may go under

BA 50% of turnover = needs a miracle to survive

BA 100% of turnover confirmed pick up dead body

Posted by Daily8 > 2019-12-02 22:04 | Report Abuse

THANKS I3LURKER.

U are one kind soul.

Posted by i3lurker > 2019-12-02 22:14 | Report Abuse

no worries
just remember not to trust anyone, me included

:)

Posted by Jeffreyteck > 2019-12-04 08:38 | Report Abuse

Bod and management and accountant and auditors knew nothing about potential written off of more than 300 million receivables.... Jokes of this era as we see no action and enforcement.

Posted by i3lurker > 2019-12-04 14:17 | Report Abuse

Director John Bean

Accountant Steve Bean

Auditor Tom Bean

Mr Bean, he knows nothing

Posted by shpg22 > 2019-12-04 15:09 | Report Abuse

If you look at its full account, there is a lot of red flag from years ago. But if you just look at the revenue and net profit, everything is fine until the end

Posted by ivan9511 > 2019-12-04 16:36 | Report Abuse

Business is there 100 years still got business food is very important for the world
Like dlady nestle Apollo old town hup Seng bjfood Starbucks Kfc where got die one
Somemore the food quality is Ok .
In USA already kasi other people private at 50sen or above already.
Not like Parkson media will become sunset .
Food never sunset unless people all die only robot in this world like Wall E

Posted by soso9999 > 2019-12-04 19:31 | Report Abuse

This stock hopeless?

Posted by Good123 > 2019-12-07 17:56 | Report Abuse

impairment on receivables rm366mil

Posted by Good123 > 2019-12-07 17:57 | Report Abuse

suddenly all trade debtors tak mau bayarkah? macam agak pelik

Posted by Good123 > 2019-12-07 17:59 | Report Abuse

macam another Enron, WorldCom case? investigation by the authorities is required

Posted by Good123 > 2019-12-07 18:02 | Report Abuse

CFO loo Seng kit and executive director ranjeet Singh sidhu resigned , lasted in their roles for 10days after appointment...scary

Posted by Good123 > 2019-12-07 18:03 | Report Abuse

as a public listed company, involving public money, authorities must investigate thoroughly and MSWG shall monitor, etc too

Posted by Good123 > 2019-12-07 18:04 | Report Abuse

London biscuits should be made a case study for all Malaysian biz schools

Posted by paulthesotong > 2019-12-08 18:51 | Report Abuse

The boz is under depression... why bother?

Posted by 陳 彥霆 > 2019-12-09 16:08 | Report Abuse

hollland biscuits

Posted by Michael Kwok > 2019-12-09 21:10 | Report Abuse

The losses is London Biscuit assume all account receivables money cannot collect back.But reality is at least 30 percent can be collect back.I putting TP 15-18 cent worst case scenario to as high as passing 25 above as best case scenario.

Posted by Michael Kwok > 2019-12-09 21:12 | Report Abuse

Maybe there big right issues and shares issues to paid back creditor at above 20 cent.

Posted by Victor Yong > 2019-12-18 08:36 | Report Abuse

Maybe, delisted soon. Counting the day

Posted by Michael Kwok > 2019-12-20 22:18 | Report Abuse

One thing,I ask my friend.Can all receivables been write off 100 percent.No.Can be recover at least 30 percent.He say the accountant only assume all cannot get back.It weird.

Posted by Michael Kwok > 2019-12-20 22:24 | Report Abuse

One thing only default 100 over millions.Some-more its a profitable businesses for so long.Its can be restructure into long term debts let say 10-20 years.

Posted by Michael Kwok > 2019-12-20 22:26 | Report Abuse

One thing,the accountant must be half full to assume all receivable cannot get back.Its do not made sense.

Posted by Michael Kwok > 2019-12-21 11:50 | Report Abuse

Memberone Ventures buy 33 million shares on 9 Nov 2019 at 7.5 cent.Somemore it on breakout of 10 cent and well supported at 10 cent.Guess what it will up.My target can be reach.
Now is 11.5 cent-12 cent.
Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
09 Nov 2019 Acquired
33,000,000 MEMBERSONE VENTURES FUND
07 Oct 2019 Disposed
6,150,000 DATIN SRI LIM YOOK LAN
07 Oct 2019 Disposed
6,150,000 DATO' LIEW YET LEE
07 Oct 2019 Disposed
6,150,000 MEILEELANUSA SDN. BHD.
07 Oct 2019 Disposed
6,150,000 DATO' SRI LIEW YEW CHUNG
07 Oct 2019 Disposed
6,150,000 DATO' SRI LIEW KUEK HIN
07 Oct 2019 Disposed
6,150,000 MISS LIEW YET MEI
07 Oct 2019 Disposed
6,150,000 DATO' LIEW YEW CHENG
04 Oct 2019 Disposed
331,600 DATIN SRI LIM YOOK LAN
04 Oct 2019 Disposed
331,600 DATO' LIEW YET LEE

Posted by Michael Kwok > 2019-12-21 16:14 | Report Abuse

Its will be ong counter before year end 2019 till early Jan 2020.

Posted by ckeonglim90 > 2019-12-23 15:49 | Report Abuse

No news?

Posted by Michael Kwok > 2019-12-23 16:14 | Report Abuse

I bought rm 10k in London Biscuit 11 cent.Because of Memberone bought 33 million shares at 7-8 cent.

Posted by ckeonglim90 > 2019-12-23 16:43 | Report Abuse

Potential to rebounce?

Posted by Michael Kwok > 2019-12-24 12:28 | Report Abuse

U see I told u do.Today 14 cent range.Believe on Ong people.

Posted by Goh Kim Hock > 2019-12-25 00:59 | Report Abuse

this counter can give you one red long candle easily and suddenly. See who is smart enough to run first.

Posted by Michael Kwok > 2019-12-25 20:52 | Report Abuse

If u have enough experience in chart pattern then ...I do not say long term or medium term.Do I say early Jan 2020.Please see my blog above.

Posted by Michael Kwok > 2019-12-25 20:54 | Report Abuse

Maybe will last 7-10 market days.

Posted by rajachulan > 2019-12-26 14:52 | Report Abuse

London Choco Roll

London Choco Roll

taste of milky choco

tasty double flavours

London Choco Roll

rich and tasty

Choco Roll, Choco Roll,

London Choco Roll~

Posted by Michael Kwok > 2019-12-30 12:19 | Report Abuse

Ong Mari.Never believe on no Ong people.Just talking nonsense.No pump and dump people.

Posted by SweetNovember > 2019-12-30 15:57 | Report Abuse

TOMORROW LIMIT UP.

Posted by apolloang > 2019-12-30 16:23 | Report Abuse

limit up is 0.435??? can meh? haha....macam u kena lottery lo

Posted by zhm540 > 2019-12-31 10:24 | Report Abuse

new year sale!

Posted by hohoho123 > 2019-12-31 10:48 | Report Abuse

woot today drop so much