Based on LBB Qtr report 31/03/2019 1) short term borrowings Bankers' Acceptance 173m Hire Purchase 4.2m Revolving credits 48m Bank Overdraft 24m medium term loan 10m Term loan 1.2m Total 261m
All these short term loans mean going to due within a year. Especially Bank Acceptance 173m base on their invoices and debtors collection progress. LBB has 322m trade receivable Vs sale turnover around 400m it means LBB debtors credit term is 8 moths...I was told credit term for food company avg only 2 months.The next wave of bad debs will come if creative accounting involve in fake invoices n debtors. Most of the bankers will start pulling his trade facilities since LBB fall into PN17.
Lonbisc , still brand name in region , got white knight rescue on time , tycoon is over take it , changed leader only , price shooting up , heard will return fierce like previous .
MAD HORSE RUN , my pocket is full house , i bought 0.16 , 50000 pieces , getting rich in one days , such delightful income , why find , only LONBISC , my lucky stock , thank you LIEW FAMILY .
Ghost talents script work sheet , director film , holly wood first digest bloat director , nice steering , operation man in earth , weird to weird nice earth pieces movies , salute , knee down me .
paktua manage sold back 65% at 0.215 rest more at 0.21 just lock back capital secure huge profit.. left 35% balance share avrrge at 0.155 its only tactical step for more ability to fight later..
tut tut yeeehaaaaa.. makan berlori biskut emas london
Corporate play , talk willing , people willing to bribe , earn the living , is his like , i not blame him , at least , he pay the bill , prison is his last destination , i not guilty to earn his stupid film , fast money , coz i am smart too , not prison matter for me .
My advice , those bulk in , not dispose yet , time get burn back , is just a trap to GET BRANCH EXPLOIT GONE , he not gone himself , he prefer all BURN OFF .
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....
khatulistiwa1234
46,261 posts
Posted by khatulistiwa1234 > 2019-07-10 13:52 | Report Abuse
my supplement choice , let it PN17 gone first , build again new emperor , not burden at all , if me is the MD .