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2020-08-20 18:46 | Report Abuse
I'm gonna just repeat this. Do your careful research on ARBB. Out of 35mil 2019 profit, 40+mil from increased trade receivables. Operationally, ARBB is ACTUALLY operationally deficit by 4-5mil.
When these trade receivables are written off, then the "profits" will vaporize.
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2020-08-20 18:45 | Report Abuse
U know what? I'm gonna throw u guys a banana every now and then...
Do your careful research on ARBB. Out of 35mil 2019 profit, 40+mil from increased trade receivables. Operationally, ARBB is ACTUALLY operationally deficit by 4-5mil.
When these trade receivables are written off, then the "profits" will vaporize.
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2020-08-20 18:04 | Report Abuse
i'll definitely come back at 0.20 cents or when all the PA shares have been listed, still 800 million to list
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2020-08-20 18:04 | Report Abuse
its been going all the way down since touching 0.40, retraction of 25% is not profit taking but a downturn...
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2020-08-20 17:28 | Report Abuse
0 borrowings... can generate so much income ka? First time hear such business no borrowing can gain so much lol !
Stock: [ARBB]: ARB BERHAD
2020-08-20 18:47 | Report Abuse
Again, ARBB is not IR4.0.
IR4.0 is awesome.
ARBB IS NOT. Very likely a SCAM job.
Do your careful research on ARBB. Out of 35mil 2019 profit, 40+mil from increased trade receivables. Operationally, ARBB is ACTUALLY operationally deficit by 4-5mil.
When these trade receivables are written off, then the "profits" will vaporize.
From a timber/wood manufacturer; suddenly 360 change into IR4.0 company. Issue 1.4bil ICPS at 0.01sen. 20sen to convert into a share. After converting, still get free 5-6sen per share by selling open market. Why go buy premium at 27-28sen. The fair value should be 21sen. Why wanna benefit them by buying high? Currently, converted about 200mil shares, got 1.2billion shares yet to be converted. Own subsidiary ARBIOT that report 35mil earnings by increasing trade receivables by 40mil to support 1.2Bil shares diluting EPS. Currently at PE 2, what a way to set value trap. You can read from Q4,18 quarters until last quarter reports. You will agree with me.
Let see if these trade receivables turns into cash or vaporize.
Stay safe. Don't be victim of scam.