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2019-10-09 14:28 | Report Abuse
Boss told me through the announcement of the psiptek iotsepcm (go download n read), revenue for subcon of stellar residences by period ended 30/6 is 15-20million (gp:- 0.06%) , ERP 7-10million (gp: 50%)..kira sendiri yang lain....then please post it here the range of EPS for coming QTR
2019-10-09 14:00 | Report Abuse
Stupid ncm88 got nothing better to do , probably lose 99 in aturmaju
2019-10-09 13:03 | Report Abuse
GENTLE REMINDER BEFORE YOU TRADE: (FACTS SPEAK LOUDER)
2 OUT OF 3 IOTSEPCMs are not cash generating
(1) IOTSEPCM located at Kuala Selangor, signed with Perkasa Selalu S/B (about 60million), high rise condominium, location near to McDonald. No building plan approved by OSC since December 2018, therefore, being question by Bursa!!! They said needs 4 years!!!!
Perkasa Selalu's director Chin family (Chin and Liew are now directors of psiptek)
OSC - http://www.epbt.gov.my/osc/Borang_info.cfm?ID=256810&NoForm=Form3
Google - https://www.google.com/maps/@3.3285898,101.2580743,743m/data=!3m1!1e3
(2) IOTSEPCM located at Tronoh next to Universiti Petronas, signed with IJ Ventures S/B (about 20million), terrace, oversupply surrounding area, very high % of untenanted units, yet the plot with uneven terrain!!! high earthwork cost?
IJ Venture's director Chin family (Chin and Liew are now directors of psiptek)
OSC - http://www.epbt.gov.my/osc/Borang_info.cfm?ID=363681&NoForm=Form1
Google - https://www.google.com/maps/@4.3980531,100.9747609,743m/data=!3m1!1e3
MoU's at Cambodia
(1) 1 general insurance ERP, 1 life insurance ERP, 1 riverside development, all these are related to Yuetai group!!!...a china listed company facing cash flow issued and shares being frozen twice recently!!! and their boss being querry by China's authority!!!
Even if contract is given....you dare to buy? when going to turn bad debt?
http://stock.jrj.com.cn/2019/09/24062928170198.shtml
https://finance.sina.com.cn/stock/observe/2019-09-20/doc-iicezueu72206...
(2) Tatan group ERP!!! - disclosed GMV value but estimated revenue to be booked unknown!!! GMV = revenue? no? revenue can be much lower? early 2019 also announced and ERP with Yess Communication Enterprice (not YTL's YES) with GMV!!! GMV is the estimated sales value of the ERP platform. equal to revenue to be recognised ARBB?
MoU's with Shuifa and Mayam for installation of smart water filter and smart water meter!!! during signing, it was made known in final stage of negotiation, but until now no news!!!!
In Sep Selangor has oredi given the smart meter pilot test to GKENT.....
http://www.bernama.com/en/news.php?id=1749597
Other developments:
(1) Ex Executive Director resigned on 26/6, just a few days after he became substantial holder on 14/6!!!
(2) While major business i.e. ERP/IOTSEPCM are located in Peninsular and ARBB office in Sentral, why on 6/8 corporate office address again change to Tawau?
So in subtance, what ARBB left? TTDI Sentralise (common director for psiptek) and Tatan, what ARBB have?
Many of the above discussed are unrealised business cores....unrealised therefore not recorded in book, so nothing related audited report!!!! lol...audited report (reasonable assurance not absolute assurance on financial statement) can be perfectedly alright but stock price may still go to 1s?....
Some would say P/E of this BB is attractive....is P/E your only consideration in stock selection? what about future value? quality of assets/project, consistency of management decision and etc?
[jacksonwong said he is an auditor and not agreed with all above statements, unfortunately jacksonwong unable to provide verifiable MIA no to verify his auditor identity...lol]
[therainmaker is a fake accounts for trapping purpose..started sep only for ARBB
go http://www.epbt.gov.my/osc/Carian_Projek.cfm
then select Majlis Daerah Kuala Selangor, then peruse though from page by page search using lot no 15549, you can only find a earthwork plan approval no building plan approval, also go KPKT side http://ehome.kpkt.gov.my/index.php/pages/view/172
you cant find the approve housing project] - IJ venture tronoh site...make a drive the you see the true...yet therainmaker cant show the opposite photos]
[kennychua, therainmaker, elainetan, jacksonwong, danienlheng, christineberry - just check their comment history...then you know they are probably proxies to someone...all accounts started recently and only comment on ARBB asking people to buy more :)]
[and when you are persistence enough to share the facts williamchan82 would post implied questions of dead vs alive!! an indirect open threatening for termination?..]
2019-10-09 12:33 | Report Abuse
There are 2 at least ways for ARBB to book revenue from sub con psiptek proj... I think high chance he use full contract amount basis... But this will result in much lower bottom line... Anyway.. No worry... Many hardcore supporter here
2019-10-09 12:23 | Report Abuse
Ask boss call me la.. He knows how to reach me... Perhaps u know as well
2019-10-09 11:58 | Report Abuse
No licensed auditor, when are you going to apply for this position?
then everyone here can keep calling you most latest update...lol
https://my.jora.com/job/Manager-b007b88a5eb4599fd9ce7160364ada0a?from_url=https%3A%2F%2Fmy.jora.com%2FArb-Development-Sdn-Bhd-jobs&sl=&sol_srt=77efff53-7514-4795-929a-047923ebfe1c&sp=serp&sponsored=false&sq=Arb+Development+Sdn+Bhd&sr=6&tk=xiNRKvoWWibir0U5R4oW-uGNB2GMwKz727WmYRVOo
2019-10-08 09:56 | Report Abuse
double bottom formed....stoch RSI cross macd....uptrend signals
2019-10-07 11:41 | Report Abuse
下雨的卖这种黑心的啊?
https://www.youtube.com/watch?v=MHS5F4UImzw
2019-10-07 11:00 | Report Abuse
WHEN POSTED WITH SITE PHOTOS, I DUNNO THOSE HARDCORE WILL RUN OR NOT
GENTLE REMINDER:- TRADE WITH CAUTIOUS
Go to ask the RHB analyst how she derived the revenue figures
Link to RHB analyst report dated 30/5/2019
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbu...
In the report, she mentioned forecast revenue for 2019 is 71.2mio with net profit of 18mio!!!
So fast half year past, recorded rev was about 23.6mio and net profit of 13.6mio!!! Still short of rev 47.6mio!! (or 23.8mio per coming 2 QTRs?)...but np target needs only another 4.4mio (or 2.2mio per coming 2 QTRs?)!!!
In her analysis, she did not mentioned about the psiptek RM60million contract for the stellar residences!!!? only mentioned about the perkasa selau (kuala selangor), IJ venture (tronoh), the solar (USM) and the yess ent!!!....in others words the estimation of 71.2mio included the solar and the 2 iotsepcm !!! however, are these 2 iotsepcm and solar in progress? if not, how to meet the 71.2mio target? via the stellar residences not mentioned in her report?
Even if stellar residences able to fill up the gap!!! the margin will definitely affected!!!!? and the rest become cakap kosong? who provided her the figures to do the estimation of the 71.2mio then?
Let us see ij venture and solar to be recognise or not in coming Q3!!!
2019-10-07 10:45 | Report Abuse
#111, are you white glove?
http://v.douyin.com/H64D1S/
2019-10-07 09:53 | Report Abuse
GENTLE REMINDER:- TRADE WITH CAUTIOUS
Go to ask the RHB analyst how she derived the revenue figures
Link to RHB analyst report dated 30/5/2019
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbu...
In the report, she mentioned forecast revenue for 2019 is 71.2mio with net profit of 18mio!!!
So fast half year past, recorded rev was about 23.6mio and net profit of 13.6mio!!! Still short of rev 47.6mio!! (or 23.8mio per coming 2 QTRs?)...but np target needs only another 4.4mio (or 2.2mio per coming 2 QTRs?)!!!
In her analysis, she did not mentioned about the psiptek RM60million contract for the stellar residences!!!? only mentioned about the perkasa selau (kuala selangor), IJ venture (tronoh), the solar (USM) and the yess ent!!!....in others words the estimation of 71.2mio included the solar and the 2 iotsepcm !!! however, are these 2 iotsepcm and solar in progress? if not, how to meet the 71.2mio target? via the stellar residences not mentioned in her report?
Even if stellar residences able to fill up the gap!!! the margin will definitely affected!!!!? and the rest become cakap kosong? who provided her the figures to do the estimation of the 71.2mio then?
Let us see ij venture and solar to be recognise or not in coming Q3!!!
2019-10-06 19:01 | Report Abuse
#1 700mi shares worry is it?
Credibility, focus and etc are important for an enterpreneur la....unless he is not...lol
https://www.facebook.com/AndrewTanOfficial/videos/689987244818059/
2019-10-06 16:39 | Report Abuse
Credibility ilportant love.. Bosses
https://www.facebook.com/AndrewTanOfficial/videos/689987244818059/
2019-10-05 08:06 | Report Abuse
GENTLE REMINDER:- TRADE WITH CAUTIOUS
Go to ask the RHB analyst how she derived the revenue figures
Link to RHB analyst report dated 30/5/2019
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbu...
In the report, she mentioned forecast revenue for 2019 is 71.2mio with net profit of 18mio!!!
So fast half year past, recorded rev was about 23.6mio and net profit of 13.6mio!!! Still short of rev 47.6mio!! (or 23.8mio per coming 2 QTRs?)...but np target needs only another 4.4mio (or 2.2mio per coming 2 QTRs?)!!!
In her analysis, she did not mentioned about the psiptek RM60million contract for the stellar residences!!!? only mentioned about the perkasa selau (kuala selangor), IJ venture (tronoh), the solar (USM) and the yess ent!!!....in others words the estimation of 71.2mio included the solar and the 2 iotsepcm !!! however, are these 2 iotsepcm and solar in progress? if not, how to meet the 71.2mio target? via the stellar residences not mentioned in her report?
Even if stellar residences able to fill up the gap!!! the margin will definitely affected!!!!? and the rest become cakap kosong? who provided her the figures to do the estimation of the 71.2mio then?
Let us see ij venture and solar to be recognise or not in coming Q3!!!
2019-10-05 07:48 | Report Abuse
Who is the one owing you so much? Terengganu complex = paya bunga sentral...?
2019-10-04 22:22 | Report Abuse
and we have to ask 老板,his mutiple proposal logic?....the batu feringgi project 2 years gp 15mio before overhead..after overhead will only have about 5mil, but most recent quarter np oredi >2mil (projected = 8mil).....far higher than during coming period?...lol
2019-10-04 21:48 | Report Abuse
Foo actually sold of his share to DL @ 0.145!!...thought NTA was 0.55/share (as at 30/6/2019), I believe the cheap sales was due to some balance sheet issue i.e. quality of receivables which we dunnno!!!....anyway, the multiple proposal is not yet a success guarantee...its oredi announced for exactly a month but yet to make any subsequent announcement on submission to sc for perusal and approval....
2019-10-04 21:29 | Report Abuse
indeed psiptek having follownig issues:-
(1) cash flow (negative), therefore, brought in ARBB to help complete part of the ttdi sentralis
(2) margin (construction margin could be too low)
(3) receivable too high (especially amount owing from contract customers), wondering which one owe them so much!!! if those customer(s) with low margin yet drag to pay, for what reason went for the tender earlier?...(per multiple proposal doc, their borrowing cost was high i.e. 7.75%-7.95%, and interest cost alone oredi 7.65mil/yr (see QTR cash flow)
(4) in multiple proposal only have 1 new project which is the batu feringghi hotel with service apartment....gross development profit over 2 years period of 15million (gp of 13%), or annual profit of 7.5million before fixed overheads....
伤脑经
老板很久没有露面了,接下来看他说什么
I am just wondering, the ttdi sentralis gross profit to be booked in psiptek or arbb?!! which group more?...lol...
2019-10-04 20:33 | Report Abuse
we shall form a group to reject the proposal by the big fat....the drop could be due to some 30 largest shareholders selling (those less than 5% for more than 1% / operators wash plate....daily turnover too high....
2019-10-04 20:31 | Report Abuse
I never thought the big fat come out with such a stupid multilpe proposal!!! and only after very thourough check on every projects link to psiptek and chin..i found something not so right.
2019-10-04 18:57 | Report Abuse
After second thought, I am wondering if current operation model is feasible or not. Low margin yet high receivable? plus borrowing to finance the low margin receivable?
Then request shareholder to finance them? Yet with the highly fluctuating preference share with no written commitment from shareholder to not convert via 1share +$$$mode?
2019-10-04 14:38 | Report Abuse
GENTLE REMINDER:- TRADE WITH CAUTIOUS
Go to ask the RHB analyst how she derived the revenue figures
Link to RHB analyst report dated 30/5/2019
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbu...
In the report, she mentioned forecast revenue for 2019 is 71.2mio with net profit of 18mio!!!
So fast half year past, recorded rev was about 23.6mio and net profit of 13.6mio!!! Still short of rev 47.6mio!! (or 23.8mio per coming 2 QTRs?)...but np target needs only another 4.4mio (or 2.2mio per coming 2 QTRs?)!!!
In her analysis, she did not mentioned about the psiptek RM60million contract for the stellar residences!!!? only mentioned about the perkasa selau (kuala selangor), IJ venture (tronoh), the solar (USM) and the yess ent!!!....in others words the estimation of 71.2mio included the solar and the 2 iotsepcm !!! however, are these 2 iotsepcm and solar in progress? if not, how to meet the 71.2mio target? via the stellar residences not mentioned in her report?
Even if stellar residences able to fill up the gap!!! the margin will definitely affected!!!!? and the rest become cakap kosong? who provided her the figures to do the estimation of the 71.2mio then?
Let us see ij venture and solar to be recognise or not in coming Q3!!!
2019-10-04 13:53 | Report Abuse
好端端的主要业务在西马,竟然把corporate address 换到tawau?不怕木材业便主流,arbiot 和arb development卖给 psiptek/ageson?
2019-10-04 12:38 | Report Abuse
连stellar residences 是给psiptek 承建的,再sub给bb,因为psiptek cash flow紧了,这样也不懂,如何不被聪明的白手套套了啊?被套了还来跟点醒她的人argue,这样要如何有前途啊?而且还是脸书的版主?是真的吗?还是假账号一个?
2019-10-04 12:24 | Report Abuse
当您怀疑多了,人家叫你别买您听成人家叫你卖,然后损了自己的口德,这样不就完完全全暴露了您心里的恐惧。哈哈
2019-10-04 09:39 | Report Abuse
operator technical play 5min, 15min, 1hour, 1day techical lo.....careful lol
2019-10-03 22:24 | Report Abuse
GENTLE REMINDER:- TRADE WITH CAUTIOUS
Go to ask the RHB analyst how she derived the revenue figures
Link to RHB analyst report dated 30/5/2019
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/18d4d3d4b7e8749f39fdf55d120a06593a0c6f2a.pdf?1559187921
In the report, she mentioned forecast revenue for 2019 is 71.2mio with net profit of 18mio!!!
So fast half year past, recorded rev was about 23.6mio and net profit of 13.6mio!!! Still short of rev 47.6mio!! (or 23.8mio per coming 2 QTRs?)...but np target needs only another 4.4mio (or 2.2mio per coming 2 QTRs?)!!!
In her analysis, she did not mentioned about the psiptek RM60million contract for the stellar residences!!!? only mentioned about the perkasa selau (kuala selangor), IJ venture (tronoh), the solar (USM) and the yess ent!!!....in others words the estimation of 71.2mio included the solar and the 2 iotsepcm !!! however, are these 2 iotsepcm and solar in progress? if not, how to meet the 71.2mio target? via the stellar residences not mentioned in her report?
Even if stellar residences able to fill up the gap!!! the margin will definitely affected!!!!? and the rest become cakap kosong? who provided her the figures to do the estimation of the 71.2mio then?
Let us see ij venture and solar to be recognise or not in coming Q3!!!
2019-10-03 21:44 | Report Abuse
Arbb margin for stellar residences estimate not more than 10%
2019-10-03 20:50 | Report Abuse
The bandar kundang n jln dato senu project as per annual report running? If not then why amount owing from contract customer so high?
2019-10-03 16:08 | Report Abuse
假帐号说假账号啦。therainmaker脸书那么多人post她竟然不敢到哪儿卖,分明怕被轰咯。。。哈哈
Stock: [ARBB]: ARB BERHAD
2019-10-09 14:49 | Report Abuse
https://www.ctvnews.ca/business/china-s-xi-gets-tougher-on-trump-after-new-tariff-threat-1.4547066
you see how cute trump and xi photo....lol....someone go take photo of stellar residences progress then discuss here la