Congrats @BabyAce, well-played bet

Finally. However guys, it's time to take money off the table, beware of the serious red flags on the non-current trade receivables and payables.

Bauto taking over KIA franchise a positive?

Thanks for your analyses - very informative and well analysed (saved me some time). Don't be disheartened by the pointless comments (probably won't affect you), this is an open forum anyway- can't stop the crazies and gamblers (which will never make it anyway). Although honestly, you should encourage them - if not for them, how can we ever take advantage of oversold, undervalued companies?

Like all investments, no guarantee but ARB is worth the bet if enter by stages, take advantage of the panicky selling/profit taking (ready to lose it but upside can be huge if they turn out genuine and maintain firstmover adv, the tech valuation is a steal notwithstanding dilution). The nature of the business, its model, relative valuation and bal sheet/CF so far have been surprisingly good but the risk is whether they can pull it off and maintain long term, and it doesn't help that the new principal has a bad rep (involved in outlandish announcements in other listed co and his speed of rise is a bit suspicious). At the moment the risk-return is getting attractive.

Quickly sell and run!!!