Making Money From Investments Through The Kampung Way - Kampung Investor Dot Com

Lion Corporation Berhad (3581), the company under Tan Sri William Cheng is in dire straits. Lioncor 4Q earnings is shocking as they made a loss of RM 406.38 million with a loss per share of 21.39 sen.

Not only is the mother company is sick, the son Lion Diversified (2887) is also in red alert. Liondiv posted a loss of RM361.49 million. The EPS of Liondiv is at -25.97 sen.

I am really curious on the happenings of these Lions. Continuous poor results like that will only make Lioncor and Liondiv heading towards PN4 or PN17.

Kampunginvestor’s Verdict

I for once will avoid such shares as it’s not my type of company where i have trust to put my money in. Yes, i have made handsomely before on Liondiv but with such poor performances, i wouldn’t put a single penny on them.

If ever any of the Lions go up in share price, the only reason is the manipulation of pricing. Ill avoid them if i am you!

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