so 10.10 sales, 11.11 sales and other festive events will enhance KGW logistics business 😉

The growing prominence of e-commerce in Malaysia and across the globe due to the increase in trade volumes will continue to influence the growth of ocean, air and freight forwarding services

Goreng today?

KGW Logistics is a Malaysian-based Non Vessel Owning Common Carrier (NVOCC), offering a complete logistics services across all spectrum of supply chain. Its client base is very diversified such as consumer goods, construction, retail, communications, electronics, commodities, oil & gas, education and healthcare

Today drop due to Tony had his half-baked massage during the virtual meeting? 😆

Company director starts buying in. It's a sign for this company to breakout anytime

Need to stay at PN 17 until 28 July...once out, fly to the sky like plane itself

2 years contract which worth Rm36 million surely can help NWP to generate decent profit for coming quarters

Fly fly and away to Rm2

Don't worry. Their management will come up and give a nice speech / press letter regarding the latest update on NASDAQ listing

Niccee. Thanks AAX for the new year's allowance

ARBB has been a up and down week, hope it can break 13 cents on the last trading day of 2022.

Let's see tomorrow can break 55 cents for the last trading day of 2022

IOT is one of the future trends. Expected ARBB will grow stronger in future

Oil price will hike to $110 according to Goldman Sachs next year

Nothing is certain. I will wait for official announcement from this company end of this month

High demand for O&G when entering into winter season. Armada will get a lot of contracts

根据相关新闻，Arbb 董事刘国良先生表示，贵公司将于今年12月上市美国Nasdaq.
???
From which news by the way. Any link to refer?

Profit taking today. need fund to celebrate Christmas

Is it just a dead cat bounce phenomenon or positive outlook for overall economy? Let's find out next year

wow. Amanah Trustee disposed quite a lot of share...They need money to pay people dividend I presume

Nasdaq is not doing too well lately but undergo technical rebound yesterday. Continue to monitor the market condition

More possible to reach Kenaga's TP

Peer comparison

The closest peers that could find would be the newly listed RAMSSOL, CENSOF and probably MICROLN. The PE ratio for these companies are 37.05 times, 9.15 times and 38.32 times whereas ARBB is only 4.01 times currently.
On average, ARBB should deserve an 18.00 (conservative basis) times PE ratio to 24.01 times PE ratio (fair value) and 30.00 times in bull scenarios.
Hence, the share price should be:

18.00 times PE ratio under maximum dilution – 39.0 cents

24.01 times PE ratio under maximum dilution – 52.0 cents

30.00 times PE ratio under maximum dilution – 65.0 cents

In order words, ARBB is being traded at a high margin of safety

wow. High TP for Hong Leong Bank

Big exposure there in Nasdaq. ARBB will become more famous after it get listed there

EPF appears to be very interested in this collaboration with BYD

The golden rule of investing in value stock is the profitability of the company. Although that might not be the case from some market leader, but commonly, a company needs to be profitable before it could reward shareholders. So, is ARBB profitable? Let’s take a look at their 5 years revenue and net profit trend.

Revenue

FYE2017 – RM11.4 million

FYE2018 – RM15.2 million

FYE2019 – RM102.6 million

FYE2020 – RM219.4 million

FYE2021 – RM309.2 million

FY2022 – RM313.4 million

For those who are new to ARBB, the increase in revenue is mainly caused by a shift in core business model. ARBB had evolved from a traditional lumber upstream player to an enterprise solution provider as well as IoT player. But again, revenue doesn’t prove anything. What about their bottom line?

Net Profit After Tax

FYE2017 – (RM3.6 million)

FYE2018 – RM4.2 million

FYE2019 – RM34.7 million

FYE2020 – RM43.4 million

FYE2021 – RM74.2 million

FYE2022 – RM18.7 million

It seems like the turnaround of core business from timber to a technology company had really paid off.

Hm...People sell on good news?

That line (the commenter) only believe shares he bought will keep on going up I presume

Armada will get more contracts in coming months I think

ARBB already breaks 200 EMA. Now wait for it to reach 52 weeks high

The number of travellers has increased lately. Positive outlook for AAX

Making a lot of noise won't help, naysayers; people are working hard behind the scenes

Impressive. Great income will be generated through the EV business in future

result always tell the true story, when nasdaq listing is successful no chance to get into this price again

line can't comprehend in english & maths lah, no point argue with a talking nonsense keyboard warrior

The partnership with legendary investor Warren Buffet-linked BYD is part of SD Motors' commitment to accelerating the nation's future transition to electric vehicles (EVs) and low carbon mobility.

This also in turn contributes to the expansion of BYD's growing global presence.

"In line with our aim to be a leader in EV with a view towards propelling Malaysia's EV aspirations, we are excited to embark on this new chapter with BYD following our success in Singapore.

Sime Darby Bhd is set to invest RM500 million to establish a wide network of China's biggest electric-vehicle maker BYD Co showrooms across the country.

A total of 20 showrooms is expected to be open by the end of next year by Sime Darby's automotive arm Sime Darby Motors (SD Motors), with 2024 seeing double the amount.

nasdaq is coming for arbb, time will prove it once again...

overall malaysia stock today abit slow, many take profit today, typical FRIDAY

ARBB had proven time to time again... result will speak better than words...

"We're cautiously confident that ARB will maintain its profitability as the ERP and IoT segments are expected to contribute impressive future earnings.

"Over the last year, we have seen a surge in demand for our services as the Covid-19 pandemic has accelerated the shift towards digitalisation and automation in Malaysia," he added.

He said the rollout of 5G in Malaysia would help both the ERP and IoT businesses to maintain their momentum.

In addition, this will help ARB's IoT business division remain on track to meet NASDAQ's listing financial requirement.

janji got progress , one step at a time, as people relying more on tech, this will do them good

finally break 0.125, carryo on this momentum and keep climbing

i believe the unity government can carry their job well, gv them sometime to make the changes, and we shall see better days in market

It said cash generation remained strong with net operating cash flow of RM512.2mil, which enabled it to repay almost US$74.8mil of debt during the quarter.

It added that the future firm orderbook as at end-September 2022 stood at RM13bil with additional optional extensions of up to RM9.9bil.

Year-to-date, Bumi Armada recorded a net profit of RM521.73mil, up from RM456.07mil in 3Q21 while revenue rose to RM1.8bil from RM1.65bil.

Announcing Bumi Armada Bhd's third quarter financial performance, CEO Gary Christensen says the group will continue to pursue new projects amid the higher energy prices.

"It was pleasing that during the quarter we successfully conducted the planned process shutdowns of two of our vessels in a safe and efficient manner and restarted ahead of plan.

The group's revenue was 14.5% higher at RM12.18bil.

"We kicked off FY2023 on a good note, against the backdrop of very trying economic conditions.

"The Industrial business has seen strong growth with a 35 per cent jump in the first quarter. This was due mainly to higher demand for parts with our customers’ backlogged maintenance work coming in, and higher parts prices in Australasia," said Jeffri.

Sime Darby Bhd expects FY23 to be a challenging year as its first quarter results were dampened by weakening consumer sentiment for its motors division in China.

During the quarter, the group posted a net profit of RM207mil, down from RM236mil in the same quarter last year as it experienced lower margins from its China operations.

"The Motors division was impacted by market sentiment, which resulted in lower margins for higher volume. However, improved results from Malaysia and Australasia were able to help mitigate the impact from China," said group CEO Datuk Jeffri Salim Davidson in a statement.