tag:blogger.com,1999:blog-17708300.post3664917494473728470..comments2023-10-25T21:25:46.183+08:00Comments on Where is Ze Moola: And London Biscuits Disposes Its Investment For A Loss Again!Unknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-17708300.post-11778371329644785612011-10-05T13:18:48.379+08:002011-10-05T13:18:48.379+08:00KC: Singing? lolzzzz.... is there a rap beat to yo...KC: Singing? lolzzzz.... is there a rap beat to your Loondon Bridge?<br /><br />:P<br /><br />Yeah.... THAT list. :PMoolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-69724076137421471662011-10-05T11:00:57.201+08:002011-10-05T11:00:57.201+08:00Aiyah Moolah,
The "list" on LonBisc you ...Aiyah Moolah,<br />The "list" on LonBisc you mentioned was mine. I am singing the same old tune again. Can't help it as this song of "London Bridge is falling down" was so interesting.<br />M.A. Wind, I think the "biological asset" related to oil palm planting; palm oil seedlings, fertilizers, etc? But it is strange why is this asset classified as current asset? Oh stupid me, London is going to flip this asset within a year like they always do; and may be record another loss of a few million then. Bond of 4 m cost and market value of $1? OMG! Must be the CDO, CMO etc from the US previously. That is the "ordinary" business of London; speculating and flipping of assets with the aim of making a loss. Look, its total assets increased by another 21% last year!K Chttps://www.blogger.com/profile/02986490115485764028noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-79594179114882264392011-10-05T09:35:37.553+08:002011-10-05T09:35:37.553+08:00Yeah... guilty!
Guilty of being lazy.
:PYeah... guilty!<br /><br />Guilty of being lazy.<br /><br />:PMoolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-13526892950320725362011-10-05T09:27:37.981+08:002011-10-05T09:27:37.981+08:00Good to see you back my friend.
They now have &qu...Good to see you back my friend.<br /><br />They now have "biological assets" (15 million) on their balance sheet, never seen that one before. Anybody want to make a guess at that?<br /><br />And what about this one: Bonds, cost RM 4,000,000; market value RM 1. Does not sound that great, does it?M.A. Windhttps://www.blogger.com/profile/16833927103193297126noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-24159246379646733832011-10-04T16:29:09.860+08:002011-10-04T16:29:09.860+08:00Dear Mr Moola,
We need your blog to ensure we don...Dear Mr Moola,<br /><br />We need your blog to ensure we don't go crazy and buy some rubbish stock recommended by some high powered investment bank. <br /><br />Welcome back, CS.ronniehttps://www.blogger.com/profile/03219031790630173221noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-4846322465525216952011-10-04T14:25:56.980+08:002011-10-04T14:25:56.980+08:00LOLzzzz!
I am sure I read that list... somewhere ...LOLzzzz!<br /><br />I am sure I read that list... somewhere before!<br /><br />:PMoolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-77313421333913712662011-10-04T13:59:48.404+08:002011-10-04T13:59:48.404+08:00Ha ha Moolah,
I know for sure you are going to &qu...Ha ha Moolah,<br />I know for sure you are going to "sing" about LonBisc again. I love too and hence would like to chip in some lyrics.<br />LonBisc qualifies as a growth stock as its revenue grows in double digits for the last 6 years. At 70.5 sen and its earnings per share of 14 sen, its PE ratio is only 5. Damn good buy, yes? I am sure many people are deceived. What is so seriously wrong about this company?<br />1.The earnings are not real and 100% managed. There is no free cash flows for all these years. <br />2.Balance sheet is deteriorating sharply year after year despite of the earnings.<br />3.Management only interested in empire building and wheeling & dealing. Buy and sell assets, plant and equipment, and always at a loss.<br />4.Keep on borrowing to do the above until debt ballooned to 200+ million.<br />5.Keep on borrowing to service increasing interest charges (16 m now)and also pay dividends<br />6.ROIC at less than 6%, meaning return not enough to cover interest and less than half of required return from investors.<br />7.Balance sheet looks like shit with high bankruptcy and solvency risks.<br />Just ponder when the event (7) above will happen.K Chttps://www.blogger.com/profile/02986490115485764028noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-38943805254233014682011-10-04T13:25:03.041+08:002011-10-04T13:25:03.041+08:00To improve cash flow, London Biscuits disposes the...To improve cash flow, London Biscuits disposes the stock.... "at a stock."<br /><br />---->at a "loss"?<br /><br />Eaten too much, finger is faster than brain :PMun Waihttps://www.blogger.com/profile/14878942945456628527noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-66373572298335845622011-10-04T13:04:41.733+08:002011-10-04T13:04:41.733+08:00wat u think? Some people need their morning coffe ...wat u think? Some people need their morning coffe fix or whatever. In these turbulent & insane times your blog brings some needed perspective!!!naik kahttps://www.blogger.com/profile/16725660610237486668noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-73484864115121306482011-10-04T10:44:10.597+08:002011-10-04T10:44:10.597+08:00Yeah... finished my morning nasi in double time an...Yeah... finished my morning nasi in double time and stopped my leg 'moving' and posted this!<br /><br />Miss my posting(s) ar?<br /><br />:PMoolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.com