ARB BERHAD

KLSE (MYR): ARBB (7181)

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Last Price

0.115

Today's Change

0.00 (0.00%)

Day's Change

0.115 - 0.12

Trading Volume

2,910,600


58 people like this.

23,729 comment(s). Last comment by jvjason5292 6 days ago

Posted by Wong Kah Wei > 3 days ago | Report Abuse

Up one bit also no power,some more blown untill nasdaq.hahaha

Posted by EastWestTalker > 2 days ago | Report Abuse

Since Line has short / long term memory loss, what ever he read, he forgets, and repeat the same question, i susah susah scroll back old comments for his conveniency

Quoted from Presidentjib : "Posted by presidentjib > 1 month ago | Report Abuse

“Hiding is an act of preventing someone to access the "hidden products". But what you say here, by comparing SAP which is public data, does lack of transparency = hiding?”

Where are product brochures?

Can you show me how many IT companies have product brochure? CENSOF do not have brochure, are they a scam too? Or all IT companies without brochure = scam? Your logic is amusing.

“If so, over 900 companies in Malaysia, how many companies are "hiding their services"? “

None except fishy ones.

^ My reply as above, don't dodge the question by giving irresponsible answers.

“Can you explain to me prior to GENETEC's rally, are they also hiding their product? Are there no automation system in the market too?”

Arbb also had rally…. But then major selloff
^ ? You did not reply to my comparison with GENETEC. Kindly have a clearer answer on that.


“And what do you mean "announce profit n get public to buy" ? I find it interesting that your comments are making less sense as you have multiple comments in a row. “


Please refer to the historical data.

^ Historical data of what? Share price? Financial performance? Cash Flow? Can you make some sense to your replies so that I can understand deeper? Are you replying for the sake of not making a fool of yourself? If that is the case, I'm afraid what you did is having a negative effect.

“Announcing profit does not induce any buy action, and if the management sell, they have to announce via Bursa, simple as that.”

Management never sell… so slow … shareholders sold… la… then share prices went down

^ ???? So what does market selling has to do with management hiding "brochure" ? You see where I'm coming from? Your concerns are completely not making sense my friend.

No one pointing fingers to "Bodohs" here, don't make a fool of yourself.

Hope u won’t try to make public “Bodoh”. Nowadays difficult bro

^ Please do not "bro" me, you don't even know my gender. And who's making the public Bodoh here by giving out irrational replies?"

neonstrife

378 posts

Posted by neonstrife > 5 days ago | Report Abuse

Line Comment is wasting time

___________________________________

Full time spammer.

Posted by cescloh1995 > 3 days ago | Report Abuse

这公司财报隐藏很多问题,如果真的赚钱就不会每次和股民right issue 要钱去发展资料考证来源寥寥的计划,还有auditor resign 最近太过频密也是大问题。最好不要碰,还有 ageson 也是差不多类似的操作

bosskufanboy

1,136 posts

Posted by bosskufanboy > 2 days ago | Report Abuse

Hahaha, line using google translate??? why so lazy o

stampid54

182 posts

Posted by stampid54 > 3 days ago | Report Abuse

KUALA LUMPUR: Main market-listed information technology (IT) software and platform provider ARB Bhd maintained its revenue growth in the fifth quarter (Q5) financial year ending 30 June 2022 (FY22) amid strong performance in its enterprise resource planning (ERP) and Internet of Things (IoT) business segments.

stampid54

182 posts

Posted by stampid54 > 19 hours ago | Report Abuse

It was mainly due to the impairment loss on intangible assets of RM30.8 million and reversal of negative goodwill of RM34.1 million arising from the acquisition of subsidiaries.

stampid54

182 posts

Posted by stampid54 > 5 days ago | Report Abuse

According to the filing with Bursa Malaysia, the higher performance contributed by ERP and IoT segments helped maintain its profitability in the current quarter.

There is no year-on-year comparison provided during the current quarter as the board of directors has approved the change of financial year-end from 31 December to 30 June in February this year to enable the company to better manage the allocation of its resources to facilitate the proposed listing of its IoT division on the NASDAQ stock exchange.

stampid54

182 posts

Posted by stampid54 > 5 days ago | Report Abuse

Executive director Datuk Sri Larry Liew Kok Leong said the stable performance was mainly due to the sustainable earnings and steady revenue generated by the ERP and IoT business segments.

He said the company remains on track to record other positive earnings in the future, led by the impressive earnings of its ERP and IoT business segments.

"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.

DannyArcher

1,169 posts

Posted by DannyArcher > 2 days ago | Report Abuse

So many buzzwords....

https://www.arbberhad.com/solutions

What do they do? I am from tech and I can tell you I dont see anything but buzzwords for aunty and uncle.

How are the clients? Where are their software?

In their website, they basically describe what is IOT and ERP. Can they talk about their software? If you go see Microsoft Cloud and Amazon Cloud, you'll see them talking about their software and features. ARBB is not even talking about their software features, but describing what is 'Cloud'. If I want to know what is 'Cloud', I just go read a dictionary.

line

1,251 posts

Posted by line > 2 days ago | Report Abuse

Danny Archer,

Arbb is just earning from related companies where the boss is a common shareholder. So the income is not sustainable. Plus u won’t get all the track records etc. these revenues must be artificially created to get interest in the counter. Bosskufanboy/ presidentjib / neonstrife…. All these are keyboard warriors. Kah Thui is a name created to spit on public!!!

line

1,251 posts

Posted by line > 2 days ago | Report Abuse

5G n his erp got nothing to do with his iot as they are not transmitting much data. Just from small sensors.

line

1,251 posts

Posted by line > 4 days ago | Report Abuse

But I’m happy more n more ppl from the public are coming forward n asking about this company!!!

line

1,251 posts

Posted by line > 2 days ago | Report Abuse

They feel something Is really fishy

line

1,251 posts

Posted by line > 2 days ago | Report Abuse

N neonstrife has also stopped posting irrelevant stuff

neonstrife

378 posts

Posted by neonstrife > 2 days ago | Report Abuse

Fishy line, I can join the game if i wish to. hahahaha

neonstrife

378 posts

Posted by neonstrife > 2 days ago | Report Abuse

Why you so like to mention my name. Miss me then say.

neonstrife

378 posts

Posted by neonstrife > 4 days ago | Report Abuse

If you like to comment like this, i also can do it.

neonstrife

378 posts

Posted by neonstrife > 2 days ago | Report Abuse

Arb erp good in return and having good future.

neonstrife

378 posts

Posted by neonstrife > 16 hours ago | Report Abuse

I definitely can comment more line than you.

line

1,251 posts

Posted by line > 2 days ago | Report Abuse

Neonstrife is not about you commenting or me. It’s about more and more ppl knowing about this counter… how arbb pumps their revenues from related company contracts … n show they are cash rich….

line

1,251 posts

Posted by line > 4 days ago | Report Abuse

We have to be responsible towards others. When we see a company not describing products properly and yet earning a lot…. Something is really fishy…. After all Warren buffet said: understand the business

DannyArcher

1,169 posts

Posted by DannyArcher > 1 day ago | Report Abuse

CEO talks about 5G will be good for ARBB. How does 5G helps ARBB? This is where I am puzzled. 5G, I presumed, is mainly the speed of the mobile network. ARBB got what product that complements 5G? They dont have any hardware or mobile software, right?

All I see is boss just throw out buzzword with no substances.

line

1,251 posts

Posted by line > 1 day ago | Report Abuse

DannyArcher we are seeing more and more ppl coming forward talking about how fishy this company is.

line

1,251 posts

Posted by line > 15 hours ago | Report Abuse

I’m happy more and more ppl are questioning arbb’s plans that doesn’t seem to make sense. 5G and ERP… what’s the connection man?

line

1,251 posts

Posted by line > 15 hours ago | Report Abuse

I pity the Aunties and uncles… esp Chinese aunties and uncles…. Lesap their money…

neonstrife

378 posts

Posted by neonstrife > 3 days ago | Report Abuse

Everyday work

neonstrife

378 posts

Posted by neonstrife > 1 day ago | Report Abuse

Same account

Posted by EastWestTalker > 3 days ago | Report Abuse

Since Line has short / long term memory loss, what ever he read, he forgets, and repeat the same question, i susah susah scroll back old comments for his conveniency

Quoted from Presidentjib : "Posted by presidentjib > 1 month ago | Report Abuse

“Hiding is an act of preventing someone to access the "hidden products". But what you say here, by comparing SAP which is public data, does lack of transparency = hiding?”

Where are product brochures?

Can you show me how many IT companies have product brochure? CENSOF do not have brochure, are they a scam too? Or all IT companies without brochure = scam? Your logic is amusing.

“If so, over 900 companies in Malaysia, how many companies are "hiding their services"? “

None except fishy ones.

^ My reply as above, don't dodge the question by giving irresponsible answers.

“Can you explain to me prior to GENETEC's rally, are they also hiding their product? Are there no automation system in the market too?”

Arbb also had rally…. But then major selloff
^ ? You did not reply to my comparison with GENETEC. Kindly have a clearer answer on that.


“And what do you mean "announce profit n get public to buy" ? I find it interesting that your comments are making less sense as you have multiple comments in a row. “


Please refer to the historical data.

^ Historical data of what? Share price? Financial performance? Cash Flow? Can you make some sense to your replies so that I can understand deeper? Are you replying for the sake of not making a fool of yourself? If that is the case, I'm afraid what you did is having a negative effect.

“Announcing profit does not induce any buy action, and if the management sell, they have to announce via Bursa, simple as that.”

Management never sell… so slow … shareholders sold… la… then share prices went down

^ ???? So what does market selling has to do with management hiding "brochure" ? You see where I'm coming from? Your concerns are completely not making sense my friend.

No one pointing fingers to "Bodohs" here, don't make a fool of yourself.

Hope u won’t try to make public “Bodoh”. Nowadays difficult bro

^ Please do not "bro" me, you don't even know my gender. And who's making the public Bodoh here by giving out irrational replies?"

Posted by EastWestTalker > 1 day ago | Report Abuse

Good questions very constructive, can ask in AGM good community here

line

1,251 posts

Posted by line > 1 day ago | Report Abuse

What’s the point of going to agm when u can avoid the counter?

line

1,251 posts

Posted by line > 1 day ago | Report Abuse

Can u imagine the boss talking about 5g when he is not Even doing anything related to the internet tech. Iot doesn’t transmit that much of data. Bodoh Betul those who subscribe the RI.

line

1,251 posts

Posted by line > 21 hours ago | Report Abuse

In any business, products are the most important. Products determine sustainability. Companies with shady products or services, where no one knows who buys, is dangerous. Not only shareholder, even clients will b afraud

line

1,251 posts

Posted by line > 21 hours ago | Report Abuse

*Afraid

neonstrife

378 posts

Posted by neonstrife > 14 hours ago | Report Abuse

Good morning guys, another good day.

neonstrife

378 posts

Posted by neonstrife > 21 hours ago | Report Abuse

A small pick up and boosting today.

neonstrife

378 posts

Posted by neonstrife > 20 hours ago | Report Abuse

5G network to draw vast benefits, create new jobs

https://www.nst.com.my/news/nation/2022/05/798437/5g-network-draw-vast...

neonstrife

378 posts

Posted by neonstrife > 20 hours ago | Report Abuse

KUALA LUMPUR: The deployment of the fifth-generation network (5G) in Malaysia is poised to benefit the end-users in numerous areas and create jobs for the people with the rollout being on track.

Prof Ir Dr Hafizal Mohamad, Universiti Sains Islam Malaysia head of the Department of Electrical and Electronic Engineering, said Malaysia could see more new jobs with the advancement of the network, coupled with artificial intelligence (AI) and augmented reality (AR) applications, particularly in the education, agriculture and manufacturing sectors.

Being one of the first countries in the region to build a 5G ecosystem, he said some projections estimated that approximately 148,000 new jobs would be created as the new 5G rollout progresses.

"These new AI and AR applications are not possible with the current network, unlike the 5G network. Therefore, we should be able to see quite a number of startups blooming soon to provide new services for 5G," he told Bernama recently.

neonstrife

378 posts

Posted by neonstrife > 20 hours ago | Report Abuse

According to the Malaysian Communications and Multimedia Commission (MCMC), a total of 500 5G locations have been completed under phase 1A as at December 2021, covering areas in Cyberjaya, Putrajaya and Kuala Lumpur, while phase 1B would see another rollout of 3,518 5G sites by year-end.

Digital Nasional Bhd (DNB), the government-owned special purpose vehicle (SPV) for the 5G rollout, is committed to an accelerated schedule to roll out 5G coverage to 80 per cent of the population by 2024.

Hafizal said the new generation of network enables small and medium enterprises to have secure, stable and reliable connectivity to promote their product with creativity.

"If you look back to the 3G era, if companies wanted to promote their services or products, they're able to circulate the information using videos and audios to describe (them) but with 5G, we might see more advance methods being used, including high-definition videos," he said.

Under Jalinan Digital Negara (JENDELA), he said the government has provided a high-quality initiative for a 5G wireless network, where the MCMC has identified three bands, namely low-band, mid-band and high-band, in accordance with other countries.

"With 5G, we can also see high-speed data and ultra-low latency application emerging, particularly in industrial usage as it is important in the era of industrial revolution and some other applications of vertical that require very low latency.

"If you do a speed test, end users can see several megabit per second speed for 4G-compatible devices, but 5G can deliver up to a gigabit data per second, besides increasing capacity by about 100 times compared to 4G," he explained.

The 3G network is being retired effective Dec 31, 2021, while the 4G network is being strengthened as part of the JENDELA initiative that aims to upgrade Malaysia's digital communications infrastructure in preparation for the 5G rollout.

On Nov 10, 2021, the Ministry of Communications and Multimedia launched the country's first 5G network in a bid to improve connectivity and become a high-income nation.

The rollout of 5G will not affect the 4G connectivity for the public as both networks are being deployed independently, Hafizal said, adding that the network would support more devices, including the internet of things (IoT) devices.

Furthermore, he said the combination use of 5G and AI is also important in smart farming to analyse data on soil acidity, nutrient levels and temperature remotely through the use of sensors.

"Additionally, one of the common deployments of 5G is the smart city. For instance, Langkawi has demonstrated transmission and monitoring for enforcement purposes using 5G through the setting up of traffic cameras in strategic locations to recognise and analyse human behaviour.

"We can also see use cases in the oil and gas industry such as Petronas' deployment of autonomous robots to conduct inspections, 4K video streaming and some other sensors for their operations," he said.

As such, Hafizal opined that the government's plans have been implemented with a clear goal in mind, and he hopes that the synergy and coordination among relevant agencies would be strengthened to make sure the plan is executed as planned. — BERNAMA

hoot9eonly

556 posts

Posted by hoot9eonly > 20 hours ago | Report Abuse

Good announcement , after MCO. 5g, industry4.0, web 3.0 all is going back to trend soon. Things is slowly picking up again. Time to say bye to Bearish.....

Posted by EastWestTalker > 19 hours ago | Report Abuse

Good read , thanks

Posted by kahfui1221 > 17 hours ago | Report Abuse

Profitability

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

FYE2016 – RM35.0 million

FYE2017 – RM11.4 million

FYE2018 – RM15.3 million

FYE2019 – RM102.6 million

FYE2020 – RM219.5 million

1QFY2021 – RM49.5 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

FYE2016 – (RM15.6 million)

FYE2017 – (RM3.6 million)

FYE2018 – RM4.2 million

FYE2019 – RM32.8 million

FYE2020 – RM42.9 million

1QFY2021 – RM6.8 million

It seems like the turnaround of core business from timber to a technology company had really paid off. But unfortunately, the company suffered a minor setback in their 1Q results due to lagged overview of the market. The next quarter is likely to be stumped by the Movement Control Order too. However, based on their performance since FYE2018, I believe there is a good chance for them to back on track for growth.

Posted by kahfui1221 > 17 hours ago | Report Abuse

Dilution

Dilution has always been a hot topic for discussion for ARBB due to their complex derivatives structure of ICPS. Let’s take a look at the number of shares from FYE2016 to date.

FYE2016 – 61.1 million shares

FYE2017 – 61.1 million shares

FYE2018 – 67.2 million shares

FYE2019 – 289.8 million shares

FYE2020 – 454.9 million shares

1QFY2021 – 588.4 million shares

Before we proceed, I would need to explain the structure of their ICPS. In order to fund their conversion of business, ARBB issued up to 15 times of their initial share base of 61.1 million in order to raise funds. Due to the unique characteristic of ICPS, ARBB per share value was not immediately diluted – but instead, only dilutes whenever there are conversions from ICPS to the common share.

In short, ARBB did 2 rounds of funding – one via issuance of ICPS and upon conversion, ARBB would receive funds from shareholder on the basis of 20 cents per conversion.

However, there is a maximum dilutive effect of these ICPS. For starter, there are approximately 419.8 million ICPS left in the market. If these ICPS were converted, the maximum number of shares for ARBB would be 1008.2 million shares.

Based on 1QFY2021 results and if we average it by 4 quarters and discount it by 20%, a very conservative net profit figure would be RM21.8 million, or 0.0216 in EPS. By using the closing price on LDP 25.5 cents, this would translate to an approximate PE ratio of 11.81 times.

neonstrife

378 posts

Posted by neonstrife > 16 hours ago | Report Abuse

Lmao

neonstrife

378 posts

Posted by neonstrife > 10 hours ago | Report Abuse

Afraid, lmao ?

bosskufanboy

1,136 posts

Posted by bosskufanboy > 10 hours ago | Report Abuse

neon so confident today

Posted by jvjason5292 > 9 hours ago | Report Abuse

Volume is back, something is up

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