ARB BERHAD

KLSE (MYR): ARBB (7181)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.035 - 0.04

Trading Volume

999,300


62 people like this.

25,520 comment(s). Last comment by whistlebower99 3 weeks ago

Posted by Quartzwillyz > 2020-03-29 21:16 | Report Abuse

Happy weekend

Posted by THEREALDEAL > 2020-03-30 11:56 | Report Abuse

Good Afternoon to all arbb 7181 fighters! Its time to all in, Arbb will shoot up anytime soon!

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-03-30 11:58 |

Post removed.Why?

Posted by QuantumAce168 > 2020-03-30 12:01 | Report Abuse

Good afternoon yo, time to all in! sapu sapu sapu all Arbb shares now. As you know, the Covid 19 is spreading around the whole world and everyone is so fearful. No one can be sure that he or she will not be infected with this deadly disease. Many towns, cities, offices and factories are shut down. People cannot go to work to make a living. All the people, manufacturers, entrepreneurs and investors are losing money.Don’t Quit when face with challenges.....

Posted by Wishingwells > 2020-03-30 12:08 | Report Abuse

UK coronavirus death toll under 20,000 would be 'good result,' says health chief

Posted by Wishingwells > 2020-03-30 12:09 | Report Abuse

LONDON, March 29 — The United Kingdom will do well if it manages to keep the coronavirus death toll below 20,000, a senior health official said yesterday after the deadliest day so far of the outbreak saw the number of fatalities rise to more than 1,000.

Stephen Powis, the medical director of National Health Service England, warned the public against complacency and said everyone had to play their part in hindering the spread of the virus.

The number of confirmed cases stood at 17,089 on Saturday morning. The death toll rose by 260 in a day to 1,019, the seventh highest toll in the world behind Italy, Spain, China, Iran, France and the United States.

When asked if Britain was on the same trajectory as Italy, where the death toll has passed 9,000, Powis said that if the public adhered to the nationwide lockdown the total toll could be kept below 20,000.

“If it is less than 20,000... that would be a good result though every death is a tragedy, but we should not be complacent about that,” he said at a news conference in Downing Street.

Prime Minister Boris Johnson became the first leader of a major power to announce a positive test result for coronavirus on Friday. He is self-isolating in Downing Street but still leading the UK response to the crisis.

Britain is bracing for the epidemic to peak in the coming weeks, and is building field hospitals in London, Birmingham, Manchester and Cardiff to bolster its state-run National Health Service (NHS).

The government, which had been criticised by some doctors and nurses for not providing them with enough protective gear and testing kits, said on Friday it was introducing a much bigger testing regime, with checks for health workers in England.

Frontline medical staff in Wales, Scotland and Northern Ireland are already being tested.

Coronavirus in government

As the British government urged the public to stay indoors, the virus struck at Downing Street itself. Besides Johnson, health minister Matt Hancock has also tested positive and chief medical adviser Chris Whitty is self-isolating with symptoms.

The minister for Scotland, Alister Jack, said yesterday he had developed a temperature and a cough in the past 24 hours and was now working from home in isolation. He has not been tested for coronavirus.

Jack spoke in the House of Commons on Wednesday, immediately before Johnson appeared at the weekly Prime Minister's Questions session, during which Jack was seated on the government bench behind Johnson.

Efforts were under way to keep building up the NHS's ability to cope.

Hospitals have been rushing to increase intensive care capacity, including by turning operating theatres and recovery areas into beds for critically ill patients.

“At the moment, I am confident the capacity is there,” Powis said. “We have not reached capacity.”

A drive-through coronavirus testing facility for health workers has begun operating in the car park of the Chessington World of Adventures theme park near London.

Health workers, who remain in their cars, are tested by nurses who carry out swabs in the nose and mouth through the windows.

Posted by Quartzwillyz > 2020-03-30 12:11 | Report Abuse

close up the country, spend money.............who don't know how to close up the country, spend/ print money.............the dumber the country, the more likely they do precisely that?

who can solve problem like China? like Singapore ? like Japan, S Korea, Taiwan? That takes brains...........

who can turn disaster into advantage like China, like Singapore?


that is not going to happen in Malaysia. hehe

Posted by QuantumAce168 > 2020-03-30 12:13 | Report Abuse

Don't praise China and Singapore too early! It's possible 2nd wave will hit China if indeed Covid19 mutate to Covid20! By the way, if China had contain this pandemic much earlier and close it's borders then instead of criticizing US and other natons for banning tourists from China back then, we would not have to deal with current global disaster!

Posted by WealthMasters > 2020-03-30 12:16 | Report Abuse

Boris Johnson says,people should jog, take a walk, cycle alone ( not in a group) once a day to keep fit.......


here in Malaysia, they have locked up 40 in Bukit Kiara for taking a jog alone.................

well.....this is how stupid things can get in Malaysia!

Elaine Tan

425 posts

Posted by Elaine Tan > 2020-03-30 12:17 | Report Abuse

Its lunch time guys

Posted by RevenueQueenz > 2020-03-30 12:20 | Report Abuse

whatz for lunch Elaine Tan?

Posted by ElvesFortunes > 2020-03-30 12:22 | Report Abuse

Wealthmasters, It's now confirm that public walkway can pick up Covid19 virus! You can bring back this virus after your jog! Your shoes if not sanitize will whack havoc to your next of kin!

Posted by RAMPAGE !!!!!!! > 2020-03-30 12:24 | Report Abuse

As a small country with multi races , if our PM is not able to identify the priority...the rest down the road is nothing more than a myth. Living now and solve the problem now rather thinking non stop future problems....Rampage!!!!!!!!!!!!!!

Posted by YoungTycoon > 2020-03-30 12:31 | Report Abuse

hi guys, The purpose of this lockdown is to identify all carriers and to curb the spread! We are dealing with unseen enemy here!

alipay88

365 posts

Posted by alipay88 > 2020-03-30 12:51 | Report Abuse

Dear Young tycoon

“We need to find 5,084 who have not been tested. We hope we can test them in time,” he said, adding the ministry was working closely with the police to track them down.

why till March 28 still have not track down 5,084 people from the Sri Petaling Mosque tabligh convention, shouldn’t it be top priority to trace down and test all the tabligh cluster?

Elaine Tan

425 posts

Posted by Elaine Tan > 2020-03-30 13:45 | Report Abuse

RevenueQueenz , had home made jawanoodles niceeee

Posted by Wellington Sky > 2020-03-30 13:59 | Report Abuse

as like every thing in life...........the smart people take targeted measured actions and good timing is every thing..........not unsustainable, panicky measures with no reserves left begin at the beginning of the war......this is just setting itself up for eventual failure.



well....Malaysia is a corrupted country and blind country do stupid things is very normal.



just have to tolerate it, I guess.....but don't congratulate yourself prematurely.............and don't ejaculate prematurely.

Posted by MoneyMaker168 > 2020-03-30 14:01 | Report Abuse

alipay88! Yeah, i agree with you! A bit disappointment too! Because of this irresponsible and selfish 5k, there rest of us are suffering!

Posted by Wellington Sky > 2020-03-30 14:05 | Report Abuse

rack down 5,084 people from the Sri Petaling
=========

Malaysia more interested in doing dumb stuffs and spend/ print money than in doing smart stuffs that require brains/ effort....oh...2 weeks ago they say got 4,000 cases from Tabligh testing awaiting results.....two weeks later still got 4,000 tabligh tested still awaiting results........This is Malaysia.

alipay88

365 posts

Posted by alipay88 > 2020-03-30 14:07 | Report Abuse

You don’t have to be smart very time and looking for trouble. It’s similar in stock market. Sometimes, we just have to be dumb dumb hold or dumb dumb leave the market for a while.

Posted by QuellingBlaster > 2020-03-30 14:11 | Report Abuse

Heard China donated money and face mask to Malaysia, Jack Ma also donated face mask. Where are they?

Why we still do not get free mask but have to buy it?

China donates test kits, ventilators, face masks

When can we get free face mask?

Posted by Wellington Sky > 2020-03-30 14:15 | Report Abuse

Face mask quellingblasters? ask those who likes to shallow money! in any crisis, its developing countries that will suffer most.......this thing no exception.u can lock down for 2 weeks, 4 weeks even..........can lock down for 2-3 months as the science requires?

its attack from the top and defend from the bottom...........u can lock down from the top...just sign an order only..........

can u defend from the bottom by testing, contact tracing, isolations, quarantines?

can do mitigations by having enough preparations, equipment, doctors, nurses?...and smart assistance for sick and their family members?


China got 100 million party members mobilized to be community workers to take care of the needs of their communities...Malaysia got meh?

Malaysia will bring sledge hammer to the problem.........and use crisis to fatten somebody pocket............that is what we are.

and hospitals stuffs..............we have China donations for that.

alipay88

365 posts

Posted by alipay88 > 2020-03-30 14:17 | Report Abuse

Wellington Sky, You worship CCP so much and looking down our own country without solid reasons backing. Come back to see the results in fighting against Covid 19 three months. No point keep mumbling. China is no more facing supply chain issues but global demand slumped due to Covid 19. The demand crash is worst than trade war.Repercussion...China did not prohibit the coronavirus from spreading globally.....US were celebrating while the Asia was facing surged infection cases.

Posted by QuellingBlaster > 2020-03-30 14:20 | Report Abuse

China is to blame for current global pandemic! China should have immediately ban it's citizens from leaving China and quickly recall those already outside of China! Instead they wasted time by denying even blame other countries for imposing travel ban on chinese China! Now that Covid19 gone global, we are witnessing gloabl lockdown and demand for China goods completely halt! In the end, China suffer blow from it's own inaction!

Posted by MoneyMaker168 > 2020-03-30 14:22 | Report Abuse

QuellingBlaster you are really damn chinese hater. US knew about it every early, trump took it lightly; some more laugh at others, now only panic, he threaten south Korea to give him face mask, when korea also has not enough. otherwise, he will increase the minitary cost 5 folds. the barbarous causing eveything, now it bite back to him.

Now china is helping many nations on face masks and equipments. US is hopeless and helpless themselves. still boost around for them.

alipay88

365 posts

Posted by alipay88 > 2020-03-30 14:23 | Report Abuse

How many has locked down its country due to Covid 19....Global demand is suddenly went into ice age.

World biggest economy
1. United States
2. China
3. Japan
4. Germany
5. India
6. United Kingdom
7. France
8. Italy
9. Brazil
10. Canada
11. Russia
12. South Korea
13. Spain
14. Australia
15. Mexico
16. Indonesia
17. Netherlands
18. Saudi Arabia
19. Turkey
20. Switzerland

Posted by MoneyMaker168 > 2020-03-30 14:26 | Report Abuse

China lockdown the most important state Wuhan totally for a few months and followed by other states, to prevent spreading. They had done a good job, and the situation improve a lot. We hope there is no 2nd round bec the infected after cure stil can carry virus and get others to be infected. It is not a deadly disease, is just flu but is very hard to prevent bec the carrier dont show signs, that's the problem. investigation will be on and it will take some time to find out where the source come from, so at the mean time, stop accusing anybody, esp China.US is printing thrillions, where do you think those money come from? at the end, the whole world is going to pay for it. Trump now accuse China and asked China to be responsible for his losses on covid 19, by writing of his debts. This fellow really shameless, character of a rascal with no integrity, he only want money and want to win his election. When the whole world do not use US$ that will be the end of US's economy.

alipay88

365 posts

Posted by alipay88 > 2020-03-30 14:28 | Report Abuse

I don’t have any doubts to China if their culture were like Japan or South Korea. Now, most of China money held by their CCP Elites keeping in Europe and US. This is the real facts....40 years of hard work by hardworking Chinese but most of the USD earned end up outside China. What a pity.

Posted by Wellington Sky > 2020-03-30 14:30 | Report Abuse

What is one month for returning to normal life soon! Compare to US and EU, they going into very long and painful suffering! Even UK health chief said that 20k death from Covid19 is already a good result! If our health minister said the same, he will be packed in freezer and send to New York!
What we are witnessing is a total blunder on US and EU part for not containing Covid19!
As for alipay88, i am given the matter of fact! If China had contain it much early within their borders like SARS, things would be very different!
But now, the repercussion is going to hurt them very badly! China will see no demands from US and EU for a long time! What if it takes 3 years to recover! By then CCP would be history!

alipay88

365 posts

Posted by alipay88 > 2020-03-30 14:32 | Report Abuse

one of the well knowed in US, said some of the people in US died early last yr could be coronavirus, they didnt know about this disease that time. China was not aware that this virus could spread from human to human at the beginning, after they find out, they straightaway lockdown the whole wuhan, but 5 mils people has already went oversea back that was near Chinese new year, so they are excusable. but US knew that after China told them, Trump still laughing that this is Asia virus and dont need to take action, that is unforgivable. this is real facts. yours heresay has not fact.

Posted by Wellington Sky > 2020-03-30 14:35 | Report Abuse

in a crisis, developing countries will always suffer more than developed countries........................


take India, for instances........

no lock down, the virus will kill them.....

India lock down, poverty will kill more Indians than the virus ever can...............

Malaysia............we have a few million living day by day, a lot of them are foreign workers.............

These people will turn to crime to survive if no income for another few weeks.............................................

lock down...so easy, just issue an order only.......


the millions of shop owners ....95% of them Chinese owners..........how?


Chinese owners under Malay unity government ...who cares.

while it is the poor and the poor countries that suffers the most, in US and Malaysia , the main focus will be to rescue the stock market and the rich..........................................

while it is the poor and the poor countries that suffers the most, in US and Malaysia , the main focus will be to rescue the stock market and the rich..........................................


this happens in 2008, will also happen in 2020................

Posted by QuellingBlaster > 2020-03-30 14:36 | Report Abuse

So projected death toll UK20,000 and in the U.S 200,000.

with the shut downs already in place,it will not be so bad.

cantik

Posted by MoneyMaker168 > 2020-03-30 14:38 | Report Abuse

Come back to arbb woi, see the price ? Its time to buy all in Arbb shares right now, yahoooo!

Posted by QuellingBlaster > 2020-03-30 14:39 | Report Abuse

absolutely

Posted by Wellington Sky > 2020-03-30 14:42 | Report Abuse

Agreed.................yohoooooooooo. Sapu all arb shares up while its undervalue.................

Posted by RevenueQueenie > 2020-03-30 15:02 | Report Abuse

Elaine tan, Its tea time! Tapao 1 homemade jawa noodle for me

Elaine Tan

425 posts

Posted by Elaine Tan > 2020-03-30 15:04 | Report Abuse

Sure, why not revenuequeenie. After Mid of april, sure jio kia.Happy Hunting Guys

Sakuragi11

230 posts

Posted by Sakuragi11 > 2020-03-30 16:12 |

Post removed.Why?

Posted by THEREALDEAL > 2020-03-31 08:49 | Report Abuse

Good morning to all arbb 7181 fighters

Posted by QuellingBlaster > 2020-03-31 13:58 | Report Abuse

Whole market oversold by emotional & irrational behavior...

Next week will retest another higher level @ 1326 & 1354 subject to global market no massive selling off.....

In the short term, immediate support level fall @ 1260 ~ 1270 range....

Posted by MoneyMaker168 > 2020-03-31 14:00 | Report Abuse

Stocks can return to records early next year if the US can curb coronavirus spread, says JPMorgan

~ Dubravko Lakos-Bujas, chief U.S. equity strategist at JPMorgan, expects the S&P 500 to reach 3,400 in early 2021.

~ That would top an all-time high of 3,386 set on Feb. 19. It is also 47% higher than the broad market average’s Friday close of 2,304.92.

~ “Acknowledging that equity markets globally are now down 30-50% from their recent highs ... we see an asymmetrical return profile for equities with upside significantly higher than downside over the next year,” he says.


The S&P 500 could return to record highs by early next year if U.S. efforts to contain the coronavirus outbreak work and the government can quickly move forward with fiscal stimulus to cushion the impending economic blow, JPMorgan’s chief U.S. equity strategist said Friday.

Dubravko Lakos-Bujas wrote in a note to clients he expects the S&P 500 to reach 3,400 in early 2021. That would top an all-time high of 3,386 set on Feb. 19. It is also 47% higher than the broad market average’s Friday close of 2,304.92.

The S&P 500 entered a bear market on March 12 — bringing the longest-ever bull expansion to an abrupt end — as the fast spread of the coronavirus and resulting shutdowns soured economic and profit growth forecasts around the world. However, after the relentless selling wave, Lakos-Bujas now sees a chance for stocks to return to record levels.

“Acknowledging that equity markets globally are now down 30-50% from their recent highs, and that investor positioning has become increasingly favorable, we see an asymmetrical return profile for equities with upside significantly higher than downside over the next year,” Lakos-Bujas wrote.

For his scenario to play out, though, the U.S. government must pass a “comprehensive fiscal package promptly.”

The White House is currently seeking more than $1 trillion in government stimulus to soften the virus’ economic hit. Treasury Secretary Steven Mnuchin said Thursday the administration wants to send direct payments to U.S. kids and adults as part of that package. Those payments would total about $500 billion. Several industry groups — particularly airlines — are also seeking relief money.

“Aggressive fiscal policy needs to be undertaken immediately,” Lakos-Bujas said, noting that failure to pass such measures “would likely result in a broader capitulation of equities including the heavyweight momentum stocks.”

The other side of the equation is curbing the coronavirus spread in the U.S. More than 15,000 cases have been confirmed in the U.S. along with over 200 deaths, according to data from Johns Hopkins University.

Authorities in the U.S. have imposed measures to contain the number of cases and “flatten the curve,” which would keep the country’s health care system from being overrun by the outbreak.

“The spread of the outbreak in the US will still remain a key concern,” the strategist said. “At the same time, there are early signs of progress being made of potential anti-viral treatment, though the outcome is still uncertain.”

Posted by QuellingBlaster > 2020-03-31 14:01 | Report Abuse

1100 soon

Posted by MoneyMaker168 > 2020-03-31 14:03 | Report Abuse

Wooo.........

Unexpected slowly slowly recovered back from -61 to -30.....

Elaine Tan

425 posts

Posted by Elaine Tan > 2020-03-31 14:05 | Report Abuse

seem we not learn the lesson , more will get burn again .
SG drop nearly 8 % recently

Posted by MoneyMaker168 > 2020-03-31 14:06 | Report Abuse

No wonder recovered back recently

Leading by PBB, HLB, PChem-----

Posted by RevenueQueenie > 2020-03-31 14:08 | Report Abuse

hi hi everyone......

All recovering as US Dow Futures are recovering.

Malaysians now very free. Can follow Dow Futures so closely.

Posted by MoneyMaker168 > 2020-03-31 14:10 | Report Abuse

US senator comfirmed positive. White House is going down.
Volume suddenly reduced to 2.8 billion share changed hand....

If compare last week, if this kind of plummeting incident, average share volume about 4 ~ 5 billion changed hand.....

Seem like good sight strong support @ 1220 pt....

next/soon will be a financial crisis and another selldown . every where asking for bailout .

Posted by Wellington Sky > 2020-03-31 14:14 | Report Abuse

The Federal Reserve just pledged asset purchases with no limit to support markets

The Federal Reserve said Monday it will launch a barrage of programs aimed at helping markets function more efficiently in the wake of the coronavirus crisis.

Among the initiatives is a commitment to continue its asset purchasing program “in the amounts needed to support smooth market functioning and effective transmission of monetary policy to broader financial conditions and the economy.”

Others include a $300 billion lending program for Main Street businesses and the Term Asset-Backed Loan Facility implemented during the financial crisis.

Markets reacted positively to the moves, cutting most of the losses in stock market futures that had once been “limit down” in overnight trading.

The Fed also said it will purchase agency commercial mortgage-backed securities as part of an expansion in its asset purchases, known in the market as quantitative easing. The move represents an expansion into the commercial sector of real estate for the central bank’s acquisitions.

“We are now in QE infinity, again,” Peter Boockvar, chief investment officer at Bleakley Advisory Group, said in a note.

The measures come on top of programs the central bank announced last week aimed at easing the flow of credit markets and the short-term finding that banks need to operate.

“The coronavirus pandemic is causing tremendous hardship across the United States and around the world. Our nation’s first priority is to care for those afflicted and to limit the further spread of the virus,” the Fed said in a statement. “While great uncertainty remains, it has become clear that our economy will face severe disruptions. Aggressive efforts must be taken across the public and private sectors to limit the losses to jobs and incomes and to promote a swift recovery once the disruptions abate.”

Monday’s announcement represents the most aggressive market intervention the Fed has made to date.

Previously, it had announced it would buy $500 billion worth of Treasurys and $200 billion in MBS. The new move represents an open-ended commitment to the QE program.

Oil reverses losses, jumps 4% after Fed promises aggressive asset purchases to support markets


Oil prices reversed losses on Monday, jumping 4% after the Federal Reserve promised aggressive asset purchases to support markets. The move higher comes after U.S. West Texas Intermediate crudeposted its worst week since 1991.

WTI rose 4% to trade at $23.52 per barrel. In a volatile session for the contract, prices were down 6% in early trading.International benchmark Brent crude traded 1% lower at $26.69 per barrel.

Posted by RevenueQueenie > 2020-03-31 14:15 | Report Abuse

hihi, u r referring to d CORONAVIRUS cases eh ??? No worry IT will pass by After 3 to 5 months

Posted by MoneyMaker168 > 2020-03-31 14:18 | Report Abuse

Stock futures surge into the green after being ‘limit down’ overnight as Fed announces limitless asset purchases



U.S. stock futures surged on Monday, erasing steep overnight losses after the Federal Reserve unveiled new measures to keep markets working properly. Wall Street awaited Washington lawmakers to agree to an economic stimulus and rescue plan to cushion the blow from the coronavirus outbreak.

As of 8:18 a.m. ET, Dow Jones Industrial Average futures were up more than 400 points, or 2.4%. S&P 500 futures were up by about 2.8%. Nasdaq 100 futures traded 3.5% higher. The SPDR S&P 500 ETF was off by 0.8% in premarket trading.


Woo....

Engine start again....

Very high chance today closing rebound back above 1300....

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