nice, post picture to me kenny chua.

Deep Value Investing has its Inherent Problems.
Buffett said it best:

Unless you are a liquidator, that kind of approach to buying businesses is foolish.

First, the original 'bargain' price probably will not turn out to be such a steal after all. In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen.

Second, any initial advantage you secure will be quickly eroded by the low return that the business earns.

7145 is one of the best company! keep on collecting, project will announce very soon. cheers

Another sad case of an irrational investor. Too emotional.

and one more thing is ;ast time i does not make much money on speculative shares. About 10 years ago I changed my strategy by investing low price shares with good potentials. 7145 prinsiptek fits in just nice. And I always went in when people shy away. I retired almost 4 years ago knowing that my holdings are sufficient to tide me over my retirement years. And my fellow professional friends who still play on speculative shares are still struggling.so buy now before 7145 prisiptek shares price shoots up!

yes,lots of project is coming in for prisiptek

hold call

QR 1800%. kebabooOOM~~

P/L Q Q Date Financial Date Announced Net%

2,004k 1 2019-09-30 2020-06-30 2019-11-26 1808.6%

EPS DPS NTA Revenue

0.49 0.000 0.5100 10,087k

Of so many counters this prinsiptek 7145 has a lot of naysayers.

What are the lessons?

No. 1

It has trained many of my friends to be strong defenders and debaters
It sharpened our skill and reconfirm what we hold everyday


No. 2

Most naysayers are prejudiced with preconceived notion

They think like the 80% majority who cannot see prospects or coming value.
Only 20% can see value in prisiptek 7145


No. 3

Naysayers who missed prinsiptek 7145 bull run never stop to think. Why they missed? And because they did not learn so they will repeat the same mistake again and again


No. 4

Looks like naysayers are a bunch of nuisance to all of us who believe?

What good are they?

Yes. i thinks there is one good reason.
Last time one person kept a number of great fishes in a tank. But the fishes were well fed and lethargic. They just lie at the bottom of the tank.

So he put cat fish with their poison stinks in the tank
The cat fish were bottom feeders. So the other fishes generally avoided those nuisance cat fishes by swimming higher

Because of this they were difference between vigilant and healthy fishes

Ya. All are kept alert by nuisance posts, when the price is fair, we just keep on collecting it

So keep strong

All comrades in prinsiptek7145

Be strong. Everyday is a day nearer to prinsiptek 7145 job award

you are welcome kenny chua

if not mistaken today or tomorrow, on bfm morning run! have a nice day guys!

more and more good things to come, if not mistaken arb is on air with bfm! more good news to come!

Clap Clap Clap

One of my best investments so far

It's looking good guys....

sapu more while its undervalue

What more can I ask?

Bottom line...Be patient and tough; someday this patient will be payoff to you. ...

Cheers everyone !

this is september news

Prinsiptek: Enters JV to develop Langat 2 water treatment plant. Prinsiptek Corp (PCB)'s unit has teamed up with QSE Construction SB to develop the Langat 2 water treatment plant and water reticulation system in Selangor and Kuala Lumpur. The group said it has entered into a JV agreement with QSE for the project. "It is an opportunity for PCB Group to capitalise on its experience and expertise in construction projects, which is in line with PCB Group's strategy to develop and grow its construction segment," it said. The project, which was awarded to PCB is worth RM24.9m. PCB is entitled to 92.5% of the contract sum and will be funding the working capital for the project, while QSE will be the contract manager for the water treatment plant and water reticulation system. please wait for more and more news from 7145 prinsiptek

yes kennychua, prisiptek is brewing up with its hiding potential! good job prinsiptek. its a buy call..... do not miss the boat guys!

MIND FOR SHARING........

If you are a more sophisticated trader, and know where the high & low volume nodes are, where price has spent the most time & or volume that day, week, month, etc, including highs and lows, you have more information. The market has a memory. It has a memory because every price represents contracts, and somebody is holding those contracts. If you buy 1000 at 0.15, and price goes up to 0.25, and then comes back against you, and trades down through 0.15, you are going to get out. Some will hold forever and others will wait longer, but there will be selling below 0.15. Some will see it as a buy signal and others a sell signal, but this is how they create areas of high volume.

When these areas are re-tested at a later time, there will be a battle between buyers and sellers, and you need to know where these areas are, and if you do, you can make very accurate predication about price direction. We don’t care about exact price. Trying to determine if price will go from 0.25 to 0.15 is not relevant. We just need to know with a high degree of certainty the direction of price.

Technical indicators can be an invaluable tool if you know when and how to use them, and what the indicator is trying to measure. The fact is, most don’t understand how their indicator works.

Bottom line…

Good TA + Good FA - can hold for long term.
Good TA + Bad FA - Short term trade.
Bad TA + Good FA – In most cases I will not buy except for one special case which is purely based on sentiment and speculation.

You reminds me of my dance lesson this coming weekend :)

The waltz style of dance is a mix of both different flavors with progressive ballroom. It is a very smooth dance and the rhythm of the waltz is one that makes it easier than most other dances to learn together.

The dance style is characterized greatly by the action of rising and falling. The partners doing the waltz together will slide across the dance floor, step, and slide again in a certain tempo. The length of the step is key with the waltz, as is keeping up with the beat of the music. One of the more romantic, slow-paced, and exaggerated dances out there, the waltz is highly accepted around the world as a great form of dance to learn. This type of dance is suitable on the O&G theme.

Right now I'm taking Tango lesson. The tango is very different from the waltz. The tango is a much faster dance style than the waltz, allowing the two partners to pick up the pace greatly with more high-tempo music. The tango is all about the feet and the head action. It is well-known for its quick foot movements, as well as snaps of the head to exaggerate turns and keep up with the music.

The best way to think of the tango is like a much faster version of the waltz. This type of dance is suitable for the next Digital Transformation Economy wave with IR4.0 industry as a game changer. This will involves combination of my best pick on arb 7181 company!

My Technology portfolios arb7181 in term of margins. So far it has been great. As long people and industries needs drastic changing in future growth. Its time to shine arb 7181!
Cheers!

welcome kennychua! cheers!

if not mistaken this counter will be bullish counter very soon guys! keep on buying and collecting while its undervalue!

ARBB is shining star of digital bull run stock for 2020

To all happy owners of ARBB shares

Who bought even more ARBB shares today?

Everyday got good news booster for ARBB.

1. ARBB has low borrowings, and only to improve on their collections, but who cares? The cash in
bank is real.

2. Post going up the value chain of IT business

3. Everyday is a day nearer to ARBB job award.

Hold tight and don't bother to listen to naysayers

Success is only a step away

Stated in the NEWSSSSS-----

PETALING JAYA: Malaysia is targeting to be an Industry 4.0 hub in South-East Asia to regain its status as an Asian Tiger.

Prime Minister Tun Dr Mahathir Mohamad said there was no choice but to be aggressive in adopting Industrial Revolution 4.0 in view of the accelerated speed in which new technologies evolved.

"With our National Policy on Industry 4.0 (Industry4WRD) launched last year, we aim at driving Malaysia towards becoming the Industry 4.0 hub in South-East Asia," he said.

He said this in his keynote address at the International Conference on Industry 4.0: A Global Revolution Towards Business, Technology and Productivity at Segi University Monday (Oct 14).


Dr Mahathir said digital transformation was expected to accelerate a sustainable future for Malaysia, as Industry 4.0 could lead to an increase in the GDP per capita following increased productivity and employment opportunities.

"Our Industry4WRD policy aims at increasing productivity in the manufacturing sector per person in Malaysia by 30% from RM106,647.

"This would elevate the absolute contribution of the manufacturing sector to our economy by 54% from RM254bil to RM392bil," he said.

Dr Mahathir said while new technologies could be disruptive, it also boast exciting prospects and challenges.

Following consolidation of Operation Technology and Information Technology (IT), data analytics, process understanding, and the ability to work with disruptive technologies, Industry 4.0 would transform the labour market into a skill-centric force.

Technologies such as the Internet of Things, Advanced Robotics, Artificial Intelligence and Additive Manufacturing are contributing factors to generate an increase in net productivity, he said.

"Hence, to make the adoption of Industry 4.0 a success, a sustainable approach has to be taken to ensure continuous growth of the economy.

"These transformations will not take effect unless we take the first step and our strategy has to be right.

"We need to take the Industry 4.0 transformation seriously. That way we can remain competitive and relevant in the international equation," he said.

Malaysia is poised to succeed, as it boast 40 years of experience in the manufacturing sector, apart from having created a good business ecosystem.

Malaysia could capitalise on its existing supply chain, access to the global market, and pool of talented multi-racial and multi- cultural community, said Dr Mahathir.

"For Malaysian businesses to remain competitive, they need to change their business strategy.

"We are sometimes too operational oriented to deliver results.

"Often, we are too conservative to venture into business diversifications and product development.

"This kind of business mentality and culture has to change," he said.

Dr Mahathir called on Malaysian businesses to seriously look into investing much more in Research and Development (R&D) to upgrade products and services, apart from improving business processes and embracing integrated technologies.

"We need to change our strategy from being technology traders and users to becoming technology creators," he said.

Dr Mahathir also called on universities to focus on developing their R&D capabilities in solving real industry problems.

He said that Small and Medium Enterprises (SMEs) should also be technology driven.

The Malaysian education system is currently being aligned to the economic needs of the nation, he noted.

"The focus on the teaching of industrial skills ought to be skewed towards innovative knowledge," he said.

There must be a push towards innovative thinking and multi-disciplinary knowledge, as Malaysia aimed to increase its high-skilled workforce from 18% to 35% by the year 2020.


SO TELL ME WHY DONT BUY AN UNDERVALUE FUTURE MAD GROWING STOCK? Even Mahatir says we are leading towards to the change.

CHEERS & HAVE A GREAT DAY EVERYONE!

the greedz u too dont have to ignite any fire anymore. just let it be, those who wants to buy will buy. those who wants to sell will sell. move on

Conversion closing soon. No more gap. No conversion = no dilution = mother will go up. don worry guys! arbb gonna rebound soon at anytime, collect b4 Q4 or contract sign.


Yes one fine day conversion will be over..huhuuu..then that time ARBB will SHINE

ARB Bhd, formerly known as Aturmaju Resources Bhd, is back in the black, with a record quarterly net profit of RM5.08 million for the three months ended March 31, 2019 (1QFY19) compared to a net loss of RM649,000 it posted a year prior.

This is as revenue surged to its highest since 2015, at RM12.43 million in 1QFY19, from RM79,000 a year ago. This first quarter revenue is already close to the RM15.23 million the group achieved for the entire FY18.

ARBB - A former wood-related business but transformed into an IT business. Currently, the IT business is the largest profit contributor.



Performance:
Turnover: RM33.9m YoY rose 792.7% QoQ rose 200.9%
Net profit: RM 8.3m YoY rose 4359.1% QoQ fell 3.7%



Main Reason:
Compared with the same quarter last year, ARBB's turnover increased by 792.7%, mainly contributing to IT business, about 99.7%. This also led to a rise in profits.



Compared with the previous quarter, the 2019 Q3 turnover mainly contributed to ARB Development Sdn Bhd and ARBBOIT Sdn Bhd.



The two subsidiaries mainly sell ERP (Enterprise Resource Planning) software, IOT, Internet and consulting services.



Future Prospect:
Previously ARBB was a wood-related business that was suspended during the quarter but will be relaunched again in Dec 2019.



For the IT department, the subsidiary ARB Development Sdn. Bhd. already has a contract and has already started in 2019 Q3. The contract is expected to be worth approximately USD 20mil. Management believes that it will attract more potential and interested customers in the future.



EPS:
At 2019 Q3, ARBB's profit was 3.54 cents recorded on RM 8.3m EPS. Compared to the previous quarter, ARBB earned up to RM 8.6m, but EPS recorded 6.54 cents.



Almost the same profit, but the EPS is so much different. The main reason is that too many "Conversation of Preference Share" caused the EPS to be diluted.



Although the company's earnings are good, for long-term EPS dilution, this will adversely affect the stock price. After all, more and more shares will lead to lower and lower EPS. In theory, the stock price will gradually decline.



To understand the further detail on the ARBB Preference Share conversion:



Preference Share is considering a stock for the shareholders. Usually preferred stocks have some special offers, such as dividends.

Preference stocks are not equal to ordinary shares. Therefore, EPS does not need to be included in Preference stock.

And since earnings per share (EPS) is a measure used to measure the return on ordinary stock. Therefore, stock exchange websites and software in the calculation of EPS will not be included with the Preference stock.

ARBB has released a maximum of 1,008,150,000 preferred shares on Dec 18, and shareholders were able to convert into (1) 20 Preference shares convert into 1 ordinary share or (2) conversion price of 20 cent per Preference Share.

In the past few months, shareholders have been converted Preference shares into ordinary shares at 20 cents. It has already converted 179,666,400 units, and balance of 828,483,600 units.

As of today, ARBB's shares are 246,876,400 units, assuming the remaining 828,483,600 Preference shares are converted into ordinary stock. ARBB's shares will be as high as 1,075,360,000 units.

In the latest 4 quarters, the company's profit is 26.943m, the number of shares is 246.8m, and the EPS will be 10.91 cents. Calculated at a price of 38.5 cents, PE will be 3.53

If the company can remain its performance in 3Q19 (8.3m), it will be as high as 33mil in the whole year. Based on the maximum number of shares (1,075,360,000), the EPS will be 3.09 cents, the stock price is 38.5 cents, and the PE is 12.48.