Highlights
KLSE: LONBISC (7126)       LONDON BISCUITS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.02   0.00 (0.00%)  0.00 - 0.00  0
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  6 people like this.
 
Michael Kwok I sold at 31 Dec 2019.1day later I say dun buy.Please read;

Michael Kwok
1241 posts
Posted by Michael Kwok > Jan 1, 2020 11:16 PM | Report Abuse

Dun buy yet.Weekly chart and daily chart overbought.I would be surprise of Its retest Its record low.
20/01/2020 6:14 PM
Harry tomorrow start suspension. good luck.
20/01/2020 9:05 PM
trap666 hehehe
21/01/2020 9:04 AM
RX350 trap666 Buy Buy BUY !!!!
trap666 ya...now paper earn...dunno can sell it not
trap666 hehehe

This bastard is very happy to see people get trapped, he didn't buy any but asking people to buy, at the end just happy to see people get trapped, same like what he done in perisai forum, promote "beli sai" until suspended!!!
21/01/2020 11:00 AM
lee_m2020 Just wait la... Aussie got 40% total share they are not going to burn the fund freely..
21/01/2020 11:44 AM
Narialse The time for the aussie fund or anyone in charge to show that they have a credible ability to turn the company around was during the hearing for the winding up petition. Now that judgement has been passed, the company effectively out of business and any directors have no say in the day to day activity. All power resides in the liquidator who will now sell off for any assets the companies owns to the highest bidder. These assets include any recipes and trademarks the London Biscuits own.

The cheapest option for any 'white knight' who wants to save the company now is to form a new company and buy all these assets including IP such as recipes and product names from the liquidator at these discounted rates and sell them as their own. Where this leaves shareholders of London Biscuits is shit out of luck because why would you buy shares in a company that is being wound up? Or why would you 'invest' in a company without finding out what a winding up order actually means? Answer is you were gambling. Poorly.
21/01/2020 1:31 PM
sasword This ass hole stock is like the sohai corrupted gov, going to -18th floor of hell soon.
21/01/2020 4:27 PM
Trouble Huat already being warned. some believe fairy tale that this stock will up. whoever buy, take it as your lesson. there is no free lunch in this word. do study before lose your hard earned money. unless u like to lose. haha
21/01/2020 6:28 PM
William Ng Those who buy this stock is gabling
21/01/2020 6:59 PM
CharlesT Narialse The time for the aussie fund or anyone in charge to show that they have a credible ability to turn the company around was during the hearing for the winding up petition. Now that judgement has been passed, the company effectively out of business and any directors have no say in the day to day activity. All power resides in the liquidator who will now sell off for any assets the companies owns to the highest bidder. These assets include any recipes and trademarks the London Biscuits own.

The cheapest option for any 'white knight' who wants to save the company now is to form a new company and buy all these assets including IP such as recipes and product names from the liquidator at these discounted rates and sell them as their own.

no need to pay bank loans of RM300M+ ah?
22/01/2020 5:10 AM
Narialse That's why no point to save the shareholders, if you have the money, just form a new company and buy the IP etc at firesale from the liquidator. For sure it's not worth RM 330million.
22/01/2020 7:42 AM
EatCoconutCanWin why stop trading?
22/01/2020 10:08 AM
Narialse Because the company's stopped work, having it's assets sold off and will be dissolved. Look up court ordered winding up process.
22/01/2020 10:47 AM
Daily8 CharlesT, NO COMPANY EVER DARE TO TAKE OVER. Valuation of assets need time. All debts with be compounded with interest.

But I think they have swapped to kheesan
22/01/2020 11:25 AM
CharlesT Hole is too deep n too big oredi...
22/01/2020 5:30 PM
Harry eat coconut till crazy? u simply buy at low??? hahahah
23/01/2020 10:26 AM
Steady Punpipi Alvin Tsk now bones also gone....all gone .....I think u desperately need an ambulance
23/01/2020 9:12 PM
i3lurker its cheaper to liquidate.

branding is cheap in internet age.

does not cost much to build up a brand.

you should have sold when there was some value at 8 sen and above...
23/01/2020 9:17 PM
icecool ah soon can say bye bye
23/01/2020 9:23 PM
AlvinTSK As shareholder, still not too late to go collect scrap metal from london biscuit site right ?? lol
Need to break even ... hehe
24/01/2020 7:31 AM
Steady Punpipi OMG all gone with no chance to rebound...its like throwing hard earned money into the Deep Red Sea...human greeds kills ...
24/01/2020 6:02 PM
Zuliana Which bank pinjam kepada Lonbisc? Bank oso need to Jump klcc?
24/01/2020 6:18 PM
calvintaneng Already gave ample warning to sell London Biscuit on 13 Jan 2020

See

Posted by calvintaneng > Jan 13, 2020 11:12 AM | Report Abuse X

SELL LONDON BISCUIT BEFORE IT CLOSED SHOP LIKE UTUSAN

THEN SEE

LOOK AT THESE FACTS

1) AUGUST 2019

NETX DIRECTORS USE ASIABIO TO BUY 103 MILLION NETX SHARES FROM OPEN MARKET

2) PP WHICH SHOULD BE POSTPONED TO JAN WERE URGENTLY BROUGHT FORWARD TO NOV 2019 & EAGERLY ALL TAKEN UP AT 1.89 SEN


3) IN DECEMBER 2019 EMPLOYEES OF NETX EAGERLY TOOK UP 50 MILLION NETX SHARES at 2 SEN

WHILE OUTSIDERS AND NAYSAYERS TALK AND TALK BAD ABOUT NETX INSIDERS/DIRECTORS OF NETX JUST BUY AND BUY


ANY ONE HERE TOOK CALVIN KIND ADVISE & SWITCHED TO NETX?
24/01/2020 6:30 PM
Steady Punpipi https://www.theedgemarkets.com/article/supplier-granted-court-order-wind-london-biscuits-unit-defaulted-rm5m-loan
25/01/2020 8:32 PM
Steady Punpipi 5 mil loan default , 7 mil mafket capl only ...looks.like a bye bye american pie ...
25/01/2020 8:35 PM
AlvinTSK Kinos Industries still operational!! So still got chance that we get something from there ... So why worry?? lol
26/01/2020 3:38 PM
Kho Hon Hua any update on this stock ?
29/01/2020 3:43 PM
Narialse Yes, the outcome of the EGM on 23 January is null and void because the company is being wound up. If you have money in this company, it is as good as gone.
29/01/2020 6:36 PM
Jeffreyteck Just sue past auditors, bod and management since no action by relevant authorities.
30/01/2020 7:10 AM
Narialse To a degree yes, but if you bought after the winding up order was given, you only have yourself to blame.
30/01/2020 11:52 AM
popup123 The AGM not on 31/01/2020?
30/01/2020 11:26 PM
iwantberich We refer the Company’s previous announcements dated 18 September 2019, 30 September 2019, 7 October 2019, 21 October 2019, 23 October 2019, 24 October 2019, 21 November 2019, 3 December 2019, 6 December 2019, 31 December 2019, 7 January 2020 and 13 January 2020 (“Announcements”). Unless otherwise defined in this announcement, the terms used herein shall have the same meaning as defined in the Announcements.



The Company wishes to announce that the liquidator has set 02 March 2020 for parties interested in the Company’s assets and businesses to submit bids or proposals.

The Company will make necessary announcements as and when there are further developments.



This announcement is dated 06 February 2020.
06/02/2020 7:24 PM
iwantberich Good news coming on 02 Mar 2020, lets see
06/02/2020 7:24 PM
Narialse What happens on 2nd march is the liquidator will lelong the company's assets to the highest bidder. The proceeds of which will be used to pay the company's debts. The total assets of the company cannot cover the total debts so the shareholders will be left with nothing.
06/02/2020 8:35 PM
Depeche Debts too heavy....bail out by white knight unlikely.
06/02/2020 11:38 PM
Steady Punpipi bye bye london choco roll....
07/02/2020 7:46 AM
EngineeringProfit Sad. Used to be my favourite in my earlier days. Bye!
07/02/2020 7:49 AM
hohoho123 https://www.theedgemarkets.com/article/%E4%BC%A6%E6%95%A6%E9%A3%9F%E5%93%81%E6%B8%85%E7%9B%98-3%E6%9C%882%E6%97%A5%E7%AB%9E%E6%A0%87%E8%B5%84%E4%BA%A7?fbclid=IwAR1gIGKYIfM8yptLky2SAOitQfUXooK2zh-mEr3xdMGoaMRcK02AFGrieKM#
07/02/2020 12:17 PM
Jeffreyteck "London" brand is belonged to which company? In Thai, packaging stated manufactured by Kheesan. Liquidator owes to list down all receivables written off.
20/02/2020 9:24 AM
EatCoconutCanWin go bangkrap la.. for what you sent stupid letter to me. told to damn vote la, you think your company cake taste good meh? walao eh..
20/02/2020 10:23 AM
Kho Hon Hua this got any news ?
25/02/2020 2:23 PM
ivan9511 Just wonder now all biscuits is selling hot as we can see at anywhere shop market 99 all keep buying biscuits.
I wonder Hupseng and London biscuits can made a super big money in the future?
30/03/2020 1:09 PM
Kent33888 Waiting for 2021,even hopeless...for this company only sell products in few store
04/05/2020 11:23 PM
Miz Raya Bloom Post removed. Why?
07/05/2020 10:30 AM
apolloang uncle pang u no come here say positive words? hahaha
16/05/2020 1:44 AM
apolloang ask uncle pang to pray for u this counter,he's very positive....hahaha
16/05/2020 1:55 AM
ezx7 So what's going to happen now.. sigh..
27/05/2020 12:44 PM
kok_wai1985 Is that London Biscuit go bankrupt?
11/07/2020 12:31 PM
icha6285 london biscuit was a good profit company but company owner misdoing wrong investment at singapore and make alot of losses there...
11/07/2020 8:55 PM
frankietan Any news about this counter ?
14/10/2020 3:09 PM