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Day 16 of Fundamental Daily, YAPSS will be covering London Biscuits Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #FundamentalDaily016
Click the on the link below to find out more:
https://www.youtube.com/watch?v=mebP3QIoMUI
Putting a buy for London Biscuit.10.5 cent.Worst case scenario 16-18 cent(normalize it value) to over 20 cent prefer 25-30 cent(If it can find way to pay creditor)Somemore the account receivables there assumes all cannot get back.But from experience at least 30 percent can be recover.One more thing right or shares issues or combination of both would be above 20 cent.
I may object what KC chong say.Dear there write off all receivable in assume it cannot recover back.Some-more it assume it can't issues right issues or additional shares issues to pay.One thing how come plant equipment can be 400 over miilion.Because of land not because of equipment.