I will NEVER touch this stock regardless of the price. The management is not trustworthy and alot hanky panky. There are so many other good company out there, why stick to this 1 ? 14/03/2019 15:22
Nothing good has happened to a company that use unethical accounting techniques before. Take Enron and WorldCom as an example. They all went bankrupt pretty quick as people fear for the loss of their money. I would say wait for the verdict of the accounting scandals first before buying in so that you would not risk losing all of your money.
Disagree with ariffrazak. Lonbis is also an entity governed by Auditors and Bursa. To say they are unethical, it's not fair and deemed injustice. Please show proof of their accounts is contemplated.
Day 16 of Fundamental Daily, YAPSS will be covering London Biscuits Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #FundamentalDaily016
Federal Reserve cuts growth forecast, signals no more rate hikes in 2019
The Fed pulled back from its plan to raise interest rates as Europe and China deteriorated economically and U.S. consumers and businesses showed worrying signs of lower spending. Those concerns have been amplified as companies such as FedEx predict a mediocre year and trucking volumes have declined.
The Fed’s new projections widened the already large gap between its growth estimates and those coming from the White House, which is predicting 3.2 percent this year and 3.1 percent the next. Powell declined to comment on the gulf between the outlooks, but most outside experts view the administration’s predictions as overly rosy.
Share price keep dropping as many investors doubt in the Company’s financial and assets. The Company should appoint Big 4 accounting firm to conduct a special audit to clear the doubts and regain investors’ confident.
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....
domdom860
206 posts
Posted by domdom860 > 2019-03-14 18:24 | Report Abuse
nostyle ask ur stock broker help u calcul to average down ur price
mayb tis can help u .