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London Biscuit is Going Up
Going Up
Going Up
London Biscuit is Going Up
Quickly and Buy



Fundamentally strong. Volume is there. Correction has just finish. What are you waiting for?

If cannot break 1.08 and stand above it, soon you ll have to sing to the tune of London biscuit is falling down falling down falling down
:P
Shouldnt choose the London Bridge tune LOLz

Hi Leremy,

How many shares did u buy and at what price?

4000 shares at 1.02. Yes, if it cannot break... it is not worth holding.

Looking at the 2nd qtr financial report ended 31/12/2009, net profit was RM8.4 mil. Annualised that, it’s on course to record a net profit of RM16+ mil. With a paid-up capital of just 84 mil shares, it works out to an EPS of 19 cents. A share price of RM1.01 would translate it to a low PER of just 5.32X.

With a growing retained earnings of around RM98 mil, expect some good corporate developments soon, possibly a share split and/or 1-for-1 bonus could be in the offing to boost liquidity. Well worth the wait!

I've been monitoring this counter for some time now, but just not sure when to go in.

Nonetheless, after a write-up by Jeff, I decided to go in 100 lots @ 1.00 and the price did slowly inch higher.

Good analysis you've got there, Jeff. Anymore good counter you wish to share with all of us here?

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