Export sales for the current quarter increased to RM26.6m,making up 24.4% of the total sales with the remaining sales coming from the domestic market.
Net profit margin for the current quarter improved marginally as compared to 1QFY18 (1QFY19: 4.5% vs 1QFY18: 4.2%) mainly due to the lower tax expense for the current quarter.
Moving forward, we expect LBB to continue to perform positively on the back of a stable order book coupled with the additional capacity from the potato chip production line to provide LBB with new business opportunities. The potato chip segment is expected to be a strong performer for LBB.
We remain positive that the new premium cake product that was introduced in end of 2018 will contribute to LBB earnings in the near future.
一个EPS, NTA, ROE, PE 都处于良好的公司股价一直创新低,很明显是进场的好机会。股价会随着时间慢慢调整回升,这是不变的定律。
All those indicators failed because the company can't afford to pay dividend despite good profit (which is weird). Even weirder is despite not paying out dividend, they have to call for PP to dilute share like water.
Dear Daily8, I invested in LonBisc several months ago before the 1-for-4 bonus issue. I was impressed with it then because it has never posted a losing quarter for more than 15 years! I sold off all after the bonus was received at 59 or 59.5 sen ex-bonus price. After selling I came to learn that there has been some hanky-panky (to put it mildly) going on in the Company and when price kept dropping reflecting this, I didn't bother to buy back because there's no potential upside for such a troubled company.
No need facts.. go read their report.. kelam kabut.. short term debt also 200m, how to pay ? Cash flow so weak somemore. Previously those thought “0.38” is the lowest then buy end up cut loss.. got better counters out there to earn than here .
To those who hold the price of EMA120, I feel sorry for you. U should sell it asap before the report was out on last quarter. If I was to hold at EMA 120 (please check yourself), then I am a fuking idiot. So please be advised as for now, I am not holding at that price.
Don't forget LBB products are exported to overseas as stated in their financial statement. Dollar is rising, ringgit is dropping, isn't it this is good news for the LBB? Their profit will grow due to weakening ringgit.
Don't look just on 1 side. There are few sides to a story. No doubt, the company gearing is high, they are some transition on their accounting and this can be fixed, they have re-evaluated their lands (2018), they have taken steps on their private placement, they are also paring down their debts and impairment on trade receivables been done.
Give time to the company to do their work. Their Internal Auditors are smart. So, you guys trade at your own risk.
Someone will never give up regardless of how bad the situation it is. Despite stern warning given at 0.63 peak, now its almost 50% down. You need 100% gain just to break even if bought at peak.
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....
monkeyinvestor
1,262 posts
Posted by monkeyinvestor > 2019-04-18 09:44 | Report Abuse
未來財富重分配,我命中注定,我精通籌碼(不是市場上所教的籌碼),天時一到我自然知道!