Despite so many remind from myshare, so many ppl still want to fall in the trap set by this chap. He purposely didn't highlight the high debt on this company and also the company was running at a very difficult condition.Moreover with the rising of the interest rate will dampen the situation especially for this high debt company.
TQ ConMan for sharing my thoughts.Nevertheless, he is not to blame but we are. We are blinded/guided by the so called expert who do not have any responsibility (as claimed by the followers) for his "prediction". By not highlighting certain material facts, ppl has been deprieved of "informed decision" thus putting some in a predicament. I bet, his followers will jump to his defence with this famous remark "TAYOR". Have a great weekend and see ya much much later, if not sooner @ when they come up with brilliant idea to push the market up...
Yes. Return from mutual fund is most probably mediocre. Return from London biscuit however is most probably negative. Anyone who cannot see what is wrong with london biscuit is not good enough to survive in stock markets, not yet.
And I don't like the way DS Liew Yew Chong spend LONBIS advertising money in sponsoring MediaCorp TV50 Award http://www.youtube.com/watch?v=GhpaAq_VUxU, although I am not a shareholder of LONBIS 06/06/2014 09:57
After raising the money through ESOS for khessan, the cash-crazy DS Liew is gunning LONBIS. RM246m loans is just too much to settle with biscuits or swissrolls
Obviously there appear a mismatch between total borrowing of 246M in relation to yearly turnover of 351M. Some of the borrowing can be for capital expenditure supported by FA. The concern is the BA financing of RM105M which is trade related and generally short term in nature. Ability to manage the cashflow to ensure prompt settlement of the BA on maturity is crucial to ensure no default.
Part of the borrowing were used to sponsor unrelated event like Mediacorp Award Night, I mean, come on, you think those Singaporean will eat Lonbisc swiss rolls?
I would think this is a long term buy. Can't go wrong with companies involved in food manufacturing. Only disappointing thing is it is not well supported though trading well below its NTA. Hopefully it will show its true colors soon.
Some are born winner and many born loser. Pretty sure nobody like to buy high, call it hard luck if you may and most hurting is not losses but scorned.
jangan sekali sekala percaya tu blogger bonscythe...itu memang fcuker sial....sekarang banyak dah terperangkap...bones sekarang pandu kereta mewah tengah njoi dengan duit kamu..kesian orang yang terperangkap
Its financial results shows an increase in turnover by a fair bit of 24% to RM360m, not bas at all. However, net profit increased by 14% to RM17.2m, or a miserable net profit margin of 4.8%. The huge RM737m in total assets utilized for the business yields just 2.3% a year. What kind of business is this?
Posted by Kannibu > Oct 3, 2014 09:57 AM | Report Abuse X
ANOTHER fund raising exercises proposed by KSB aka LONBISC !
This time with a new 15% ESOS and 10% Private Placement. The insatiable appetite for new funds to meet the operational needs really is an ALARM BELL for shareholders of both Kheesan and LONBISC !
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....
myshare
232 posts
Posted by myshare > 2014-07-11 10:15 | Report Abuse
And wait..and still waiting..sheer stupidity for believing..for not trusting own's gut feeling..lesson learned..