Aiyo...when chairman took over the company 20 plus years ago..all praising him ...now...all spit at him....old man 80yrs liao leh...sick also...you all do such thing at him...boh liongsim one...if really collapsed...no more London Choco Roll to eat liao leh...even I ever complaint b4 lah...why..the content getting lesser with same packaging lah...think is cost issue lah...my girl going to miss it lah....aiyoyo..kikiki
Aiyo Tibet Monk...wei...how can you say that lah….you too bias liao leh...talam boss you never say so...you say this at here...double standard lah...lol...aiyoyo...kikiki
Posted by stockraider > Jul 9, 2019 12:10 PM | Report Abuse Correctloh...that will cause the shit out of him loh...!! Yes just do it loh....!! Posted by shpg22 > Jul 9, 2019 12:08 PM | Report Abuse Arrest the boss and confiscate his rolls royce and mansion
i heard jack ma gave the boss a call this morning. asking what happen to lonbis. jack ma also tanya him want help or not. idk. i heard only la. heard one.
Last week, the group said its executive director Datuk Ranjeet Singh Sidhu and chief financial officer Edmund Loo Seng Kit had voluntarily resigned, after just two weeks in office.
Its independent and non-executive director Leslie Looi Meng also quit.
Its chairman Datuk Seri Liew Kuek Hin has also tendered his resignation due to health reasons. The 80-year-old, who controls 21.73% of the group via private unit Meileelanusa Sdn Bhd, had led the group for the past 26 years.
The company has also defaulted on its RM9.83mil debt to Bank of Nova Scotia Bhd
I go to supermarket to sapu London bisc. Later no more stock, production reduce, London bisc products naik harga. My kids like London bisc, cry later why finish London bisc stock at supermarkets.
What Happens to a Shareholder When Delisting Occurs?
When a company is delisted, its stock no longer trades on one of the major stock exchanges. In a direct sense, nothing happens to a shareholder when delisting occurs. The shareholder still owns the same percentage of the company as before, and he is free to sell the shares to any willing buyer.
However, in financial reality, the delisting of a company is usually a huge negative. It often occurs after a company goes bankrupt or as it approaches bankruptcy.
When a stock gets delisted, the shareholder still owns the shares and can choose to keep them or sell them. However, trading will have to occur on the over-the-counter market, and ownership rights can become worthless if the company declares bankruptcy.
No Effects on Ownership .......................
When you buy a stock, you own it until you either sell it or, in some cases, the company redeems it from you. If a stock gets delisted, you don't have to hand over your ownership rights. However, those rights often become worthless.
In many cases, delisting occurs due to corporate bankruptcy, which typically wipes out original shareholders in favor of newly issued stock. Even if you hold on to your delisted shares, you often won't receive any shares in the company when it emerges from bankruptcy.
Decline in Value ................
Before a stock gets delisted, an announcement is made to the marketplace. Sometimes, a company will voluntarily delist its shares and make the announcement itself, but other times an exchange will announce that a company no longer meets its listing requirements. Because a delisted stock can be hard to sell, many investors will sell after a delisting announcement, driving the price down. This is particularly true in cases of bankruptcy, where there is usually no use in holding on to the delisted shares.
Decline in Liquidity ....................
If you are a shareholder in a stock, you are free to sell the stock to whoever will buy it. Your trade does not necessarily have to occur on a stock exchange. However, one of the main reasons for the existence of the stock exchanges is to provide liquidity for investors. Liquidity refers to the availability of buyers and sellers in a particular stock.
Normally, when you want to sell a stock, you simply enter an order with your broker, and your shares find their way into the hands of a willing buyer. If your stock gets delisted, it will usually trade on the "over-the-counter" market, which doesn't provide easy access to buyers. It could become difficult, if not impossible, to sell your stock.
Effects of Private Buyout .........................
In some cases, a stock getting delisted might actually turn out to be a good thing for shareholders. If a company decides to go private instead of remaining publicly traded, it is essentially buying out existing stockholders. In exchange for your shares, the company will offer you cash.
After the buyout, the shares will be delisted. If you don't accept the buyout offer, you will keep your shares, but they will become worthless upon delisting.
With the PN17 status triggered, the confectionery manufacturer is required to submit a regularisation plan to the Securities Commission Malaysia or Bursa within the next 12 months.
Back in February, the group's external auditor Nexia SSY raised a few concerns through its qualified opinion on the group's financial statements for the financial year ended Sept 30, 2018 (FY18).
This includes inability to confirm its inventories of RM26.89 million at end-FY18, as well as insufficient audit evidence for recorded acquisitions of plant and machinery totalling RM52.47 million in the year.
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....
qqq3
13,202 posts
Posted by qqq3 > 2019-07-09 11:42 | Report Abuse
aiyoh....gambling buy some at 16.....to sell and make money next week...........