Have faith with this stock. Generally we are small fries in the mkt, while funds have accumulated many shares & they should know sometime we don't. It could well be the star performer 2016.
This one you need to keep becos it is very very slow movers. If you have extra money, its okay. If you need to made a living trading this stocks.....then dont touch at all.
Should perform better than the current price, but don't know what's happening, it just doesn't move. Another note is the Liew family is buying KheeSan slowly. Abandoning London Biscuit? hehehe?
Finally, the cash flow from operation turn positive, in line with profit. Much healthier Balance sheet as compared to years ago. 500mil of equity vs 284mil liabilities. Fundamental sounds?
Anyone attended the AGM? Any positive outcome promised by management (positive outlook or dividend)? Last 3 quarter posted good result...if this quarter similar consistent result, it will be double of same quarter 2015...Let's hope for the best...vested long time...
Although I din follow up this counter, I believe that rally will be taken place in the near term....at least it will survive the volatile market like this
London biscuit is extremely low PE., but weak Balance Sheet and high borrowings., 30% exports. but OFI is normal PE , strong Balance Sheet. 70% exports
For investment, you can't possibly try every product of the companies you invest in but this one you definitely can. Go try the products & see whether you like them or even better than the competitors. Buy for friends and relatives to let them try too since not expensive at all. It will cost you more if you made an investment mistake.
If I am CEO, I will do as below : 1. stop investing in new machines and equipments due to weak rm and economy crisis in 2017. 2. fully utilize current production capacity to produce potato chips. 3.Issue 1 right share plus 1 bonus share for existing 2 share to raise the fund to clear all debt, save about 12mil per annum. 4. Profit will be double due to stop investing in equipments and reducing bank interest. Now company able to give about 5 cts per share.
Pls consider my suggestion to let your investors happy and appreciate your kindness. Don't torture your investors for another 5 years.
Pls survey properly before investing in equipments, don't waste money to buy expensive and useless equipments which cannot make profit to company. Only brainless mngmt team let investor suffer and unhappy. Learn from PUBLIC BANK how to do business, OK.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
volks2
1,116 posts
Posted by volks2 > 2015-12-07 10:45 | Report Abuse
0.875 just now..something big may come