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

ChickyWaWa

243 posts

Posted by ChickyWaWa > 2020-01-15 09:35 | Report Abuse

Tiuniaxing, it is going to suspend trading on 21st Jan, some more got people said BUY BUY BUY...

veronteo

1,492 posts

Posted by veronteo > 2020-01-15 09:40 | Report Abuse

B4b4 Despite the financial problems, LBB still has good sales revenue ( RM 391.730m, unaudited) and a decent gross profit (RM 22.933m, unaudited) and other operating income ( RM 17.601m). Buy or sell, you have to decide.
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eh, you dont know read r ? lonbisc will temp delisted next week. you want to stuck your capital inside for few months ?

sasword

1,169 posts

Posted by sasword > 2020-01-15 09:47 |

Post removed.Why?

Posted by IIImNoob > 2020-01-15 09:55 | Report Abuse

Human greed .... giving self false hope ... very similar to gambling at Genting
Facts is that this is a gone case

ks55

4,245 posts

Posted by ks55 > 2020-01-15 10:06 | Report Abuse

Stock: [LONBISC]: LONDON BISCUITS BHD

Jan 14, 2020 2:59 PM | Report Abuse

Posted by ks55 > Jul 8, 2019 7:56 PM | Report Abuse X

Rule of Thumb, PN17 good for 2 sen or so.
Even though tomorrow can be 10 sen, towards the end it will be 0.5 sen before delisted........

CITADEL

1,867 posts

Posted by CITADEL > 2020-01-15 10:07 |

Post removed.Why?

B4b4

7,594 posts

Posted by B4b4 > 2020-01-15 10:15 | Report Abuse

Hi veronteo, delisted and suspension is different.

B4b4

7,594 posts

Posted by B4b4 > 2020-01-15 10:18 | Report Abuse

EGM is on 31st Jan 2020, whereby new BODs is coming on board. Let's pray and hope LBB can be revive or else more people will be unemployed

Posted by EatCoconutCanWin > 2020-01-15 10:22 | Report Abuse

can buy in.. possible to earn 50/100 %?

icecool

5,043 posts

Posted by icecool > 2020-01-15 10:31 | Report Abuse

soon this counter will say bye bye from bursa

hamos_wks

11 posts

Posted by hamos_wks > 2020-01-15 10:37 | Report Abuse

going to be delisted. will not resurrect..

Posted by Maximillioneddy > 2020-01-15 10:42 | Report Abuse

never to late to say good bye

veronteo

1,492 posts

Posted by veronteo > 2020-01-15 10:47 | Report Abuse

hi b4b4, hahahaha. then you sailang lor. dont become nato. buy 1 millions share now. dont just mislead people to buy

lee_m2020

4,828 posts

Posted by lee_m2020 > 2020-01-15 10:56 | Report Abuse

B4b4 Despite the financial problems, LBB still has good sales revenue ( RM 391.730m, unaudited) and a decent gross profit (RM 22.933m, unaudited) and other operating income ( RM 17.601m). Buy or sell, you have to decide.
15/01/2020 7:52 AM

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Excellence revenue but To be Suspended, but if got good proposal shall explode again..is it possible?

lee_m2020

4,828 posts

Posted by lee_m2020 > 2020-01-15 10:58 | Report Abuse

B4b4 EGM is on 31st Jan 2020, whereby new BODs is coming on board. Let's pray and hope LBB can be revive or else more people will be unemployed

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how many of their staff? Got huge sales, cant be small channels and people involved..

William Ng

893 posts

Posted by William Ng > 2020-01-15 10:58 | Report Abuse

SUSPEND TRADING ALSO DARE TO BUY?

Keyman188

5,968 posts

Posted by Keyman188 > 2020-01-15 10:58 | Report Abuse

Today definitely can close 0.01 / 0.015....

silentsc

19 posts

Posted by silentsc > 2020-01-15 11:00 | Report Abuse

CNY before 31st Jan, ample of time, for those entered early... shopee got discounted Maggie noodles with free delivery. All hope is not lost!

lee_m2020

4,828 posts

Posted by lee_m2020 > 2020-01-15 11:00 | Report Abuse

i will throw a small money at 0.01 ..hmmm...

Keyman188

5,968 posts

Posted by Keyman188 > 2020-01-15 11:01 | Report Abuse

So many auditors unable to justify the financial report !!!!

Sure got such revenue !!!!!

Sure got such profit !!!!!

Sure got such asset !!!!!

Definitely don't know..............

Ini case, macam I recall Transmile (stock Code : 7000)............

Posted by MTOUCHE1818 > 2020-01-15 11:02 | Report Abuse

there will be no proposal as the top management is the one who purposely bankrupts the company.frauds from the very top management.

CITADEL

1,867 posts

Posted by CITADEL > 2020-01-15 11:04 | Report Abuse

where is that harie?

lee_m2020

4,828 posts

Posted by lee_m2020 > 2020-01-15 11:07 | Report Abuse

I mean a new proposal after AGM... with new TOP MGNT

CharlesT

14,953 posts

Posted by CharlesT > 2020-01-15 11:09 | Report Abuse

Posted by CITADEL > Jan 15, 2020 11:04 AM | Report Abuse

where is that harie?

I hope he took my advice to buy some maggie mee for CNY

CharlesT

14,953 posts

Posted by CharlesT > 2020-01-15 11:11 | Report Abuse

london biscuits is not yr friend....maggie mee is...

Narialse

131 posts

Posted by Narialse > 2020-01-15 11:16 | Report Abuse

I think many are misunderstanding what involuntary liquidation means. It means the liquidator from PWC is going to sell off London Biscuit's assets to repay it's loans. Profitability of the company etc doesn't matter, the banks have given up on being repaid any other way. Everything of value is going to be sold and whatever is left will be given to the shareholders. Given that the value of P&E of the company was already dubious at best and that their loans outweigh their assets, there will literally be nothing left of the company once the liquidator is done with it.

CITADEL

1,867 posts

Posted by CITADEL > 2020-01-15 11:19 |

Post removed.Why?

CharlesT

14,953 posts

Posted by CharlesT > 2020-01-15 11:19 | Report Abuse

After they lelong all their plants can they pay their bank debts ard Rm300M+?

the book value of their plant is ard rm400m+

mkt cap of London is Rm4m+ now

CharlesT

14,953 posts

Posted by CharlesT > 2020-01-15 11:23 | Report Abuse

Now c whether the con Liew will goreng a final round b4 suspension...amen

Posted by EatCoconutCanWin > 2020-01-15 11:27 | Report Abuse

Can try, I think this new government willing to give free cash bonus to company like London biscuit.

lee_m2020

4,828 posts

Posted by lee_m2020 > 2020-01-15 11:30 | Report Abuse

Will that plant bought by KHEESAN or MAMEE again?

veronteo

1,492 posts

Posted by veronteo > 2020-01-15 11:31 | Report Abuse

is easy for people like b4b4 to shout buy buy buy but himself nato at the side. bloody hell

ChickyWaWa

243 posts

Posted by ChickyWaWa > 2020-01-15 12:16 | Report Abuse

15/01/2020 11:11 AM

Narialse I think many are misunderstanding what involuntary liquidation means. It means the liquidator from PWC is going to sell off London Biscuit's assets to repay it's loans. Profitability of the company etc doesn't matter, the banks have given up on being repaid any other way. Everything of value is going to be sold and whatever is left will be given to the shareholders. Given that the value of P&E of the company was already dubious at best and that their loans outweigh their assets, there will literally be nothing left of the company once the liquidator is done with it.

15/01/2020 11:16 AM

------------

Finally someone come out something worth thump up.

willc48

722 posts

Posted by willc48 > 2020-01-15 12:18 | Report Abuse

white knight.. mamee proves no help to LonBisc. Munchy mamee giant continues to munch away LonBisc. I see it will be delisted.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-01-15 12:19 | Report Abuse

waaaaaaaa......tutup kedai aaarrrrr


bungkussssss

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-01-15 12:25 | Report Abuse

Should ask kheesan owes london how much, ask receiver for breakdown of receivables by buyers and aging, and of course the actions to be taken. As for the past auditors who failed to qualify accounts, actions must be taken too. As for authirities, continue to sleep and take gaji buta as no news so far. Semua boleh.

Posted by EatCoconutCanWin > 2020-01-15 13:17 | Report Abuse

luckily up back.. i bought at 0.035

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2020-01-15 13:24 | Report Abuse

pn17 ....nothing left ...sell b4 nothing left to sell.....

shpg22

2,984 posts

Posted by shpg22 > 2020-01-15 15:46 | Report Abuse

keke....>40% drop every day. Remember lowest price is always 0.5 cents

Posted by kaleemtheman > 2020-01-15 16:00 | Report Abuse

London Biscuit (Trading Sell, TP: RM0.12): London Biscuit defaulted a payment of RM5.06m to KFH (Malaysia). The default of the payment was on 23rd Aug 2019. (Bursa)

Comment: This comes as no surprise given its two earlier defaults. Cumulative amount in arrears is now RM183.6m. With severe cash flow constraints cited in its recent announcement, it will impact repayment of outstanding debts moving forward, hence the likelihood of more defaults ahead. Our Trading Sell call on LBB Is retained.

Posted by martinchua88332 > 2020-01-15 16:06 | Report Abuse

something is brewing on the stock. bought at 2.5cent

Posted by iwantberich > 2020-01-15 16:26 | Report Abuse

it still have money from warrant to repay the loan

ChickyWaWa

243 posts

Posted by ChickyWaWa > 2020-01-15 16:55 | Report Abuse

A company with negative NTA, got money to pay loan?

Tva17

93 posts

Posted by Tva17 > 2020-01-15 16:56 | Report Abuse

Suspension on 21st.... Can make any changes?
Once suspended we can't do anything with this shares

harie

75 posts

Posted by harie > 2020-01-15 16:58 | Report Abuse

i think still have chances to rebound

Posted by iwantberich > 2020-01-15 17:00 | Report Abuse

it will rebounce.. just matter of time

Tva17

93 posts

Posted by Tva17 > 2020-01-15 17:00 | Report Abuse

Hopefully

Tva17

93 posts

Posted by Tva17 > 2020-01-15 17:11 | Report Abuse

I'm holding some shares, my remisier ask me to sell off.... Slim chances to recover

shpg22

2,984 posts

Posted by shpg22 > 2020-01-15 17:13 | Report Abuse

Better take your money and gamble in genting. Higher chance of recoup back the losses.

Posted by martinchua88332 > 2020-01-15 17:15 | Report Abuse

expect big ang pow from big boy .wish me luck.

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