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

1,016,300


62 people like this.

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

Posted by gooddaymate > 2020-05-27 13:50 | Report Abuse

Ur Absolutely right.....Crikey

Posted by SweetMemoryLane > 2020-05-27 13:50 | Report Abuse

America has trump , Malaysia has najib, both have serious integrity issues.the biggest fools is the voters who vote them in.
Voters intelligence and wisdom is needed to make the right choice over indulging of personality with false popularity ,ratings and Social media propagandas

alipay88

365 posts

Posted by alipay88 > 2020-05-27 13:51 | Report Abuse

SweetMemoryLane , Trump wasn't voted in by the popular vote, which he lost by 3 million votes. In the U.S. presidential election, the 18th century relic, the Electoral College, warps the poll results. A Constitutional amendment would be required to abolish it; that's unlikely to happen when half the politicians are Republicans.

Posted by WellingtonSky > 2020-05-27 13:52 | Report Abuse

Guys hear me out....I have a different take on this, the electoral
College is designed to mitigate the extreme of popular votes and skewed in favour or heavily populated areas, which is usually cities and urban areas.

In a way it is similar to our constituency delineation.

Posted by QuellingBlaster > 2020-05-27 13:53 | Report Abuse

HO ho HO Yes, it was not a bad idea when the U.S. was a small, fledgling democracy of 13 former colonies. Now it's a tyranny of the ignorant, since the urban population is on average far better educated and able to think critically.

Posted by WellingtonSky > 2020-05-27 13:57 | Report Abuse

Riot police shield Hong Kong legislature as protests gather against anthem bill

HONG KONG (Reuters) - Hong Kong deployed riot police around the Legislative Council on Wednesday as activists called for protests against a bill to criminalise disrespect of the Chinese anthem, amid soaring tensions over perceived threats to the city’s freedoms.

Posted by WellingtonSky > 2020-05-27 13:57 | Report Abuse

Protests have returned to the streets of Chinese-ruled Hong Kong after Beijing proposed national security laws last week that sparked global fears that the freedoms helping it prosper as an interface between China and the West could be eroded.

Hundreds of riot police took up positions and authorities erected a two-metre (6 feet) wall made of plastic barriers filled with water around the Legislative Council, extending across a park up to Victoria Harbour.

In other parts of the city, protesters used bins and debris to block roads, while activists issued calls online for demonstrations in various locations later in the day.

“Although you’re afraid inside your heart, you need to speak out,” said Chang, 29, a clerk and protester dressed in black with a helmet respirator and goggles in her backpack.

Posted by WellingtonSky > 2020-05-27 13:57 | Report Abuse

Police said they had arrested at least 16 people, aged 14-40, involved in crimes including possession of offensive weapons, possession of tools for illegal use and dangerous driving.

Protesters in a downtown shopping mall chanted “Liberate Hong Kong! Revolution of our times” and “Hong Kong independence, the only way out”, but dispersed as lookouts shouted a warning to “go shopping!” at the sight of police vans outside.

One protester was seen with a placard reading “one country, two systems is a lie”, referring to the political system put in place at Britain’s 1997 handover of the city to China that is meant to guarantee Hong Kong’s freedoms until at least 2047.

“I’m scared ... if you don’t come out today, you’ll never be able to come out. This is legislation that directly affects us,” said Ryan Tsang, a hotel manager.

Beijing last week unveiled national security legislation plans for Hong Kong that aims to tackle secession, subversion and terrorist activities.

It could see Chinese intelligence agencies set up bases in the semi-autonomous city.

The move triggered the first big street unrest in Hong Kong in months on Sunday, with police firing tear gas and water cannon to disperse protesters, evoking memories of violent anti-government protests that paralysed parts of the city last year.

Chinese authorities and the Beijing-backed government in Hong Kong say there is no threat to the city’s high degree of autonomy and the laws will be tightly focused.

“It’s for the long term stability of Hong Kong and China, it won’t affect the freedom of assembly and speech and it won’t affect the city’s status as a financial centre,” Hong Kong Chief Secretary Matthew Cheung told reporters. “It would provide a stable environment for businesses.”

Hong Kong’s most prominent tycoon Li Ka-shing said in a statement security laws were within every nation’s right, but Hong Kong had the “mission-critical task” to maintain trust domestically and globally in “one country, two systems”.

Hong Kong media reported Beijing had expanded the scope of the draft security legislation to include organisations as well as individuals.

The law was being revised to cover not just behaviour or acts that endanger national security, but also activities, local broadcaster RTHK and the South China Morning Post reported.

U.S. President Donald Trump on Tuesday said the United States this week would announce a strong response to the planned security legislation for Hong Kong.

The U.S.-China Business Council (USCBC) said urged “all leaders to take those steps necessary to de-escalate tensions, promote economic recovery and the rule of law, and preserve the ‘one country, two systems’ principle.”

Asian shares slipped over rising tensions between the United States and China. Hong Kong shares led declines with the Hang Seng falling 0.46%, though it kept a bit of distance from a two-month low touched on Monday. [MKTS/GLOB]

Protesters and pro-democracy politicians say Hong Kong’s National Anthem Bill, which aims to govern the use and playing of the Chinese national anthem, represents another sign of what they see as accelerating interference from Beijing.

The bill carries penalties of up to three years jail and/or fines of up to HK$50,000 ($6,450) for those who insult the anthem. It also orders that primary and secondary school students in Hong Kong be taught to sing the “March of the Volunteers”, along with its history and etiquette.

Posted by WellingtonSky > 2020-05-27 13:58 | Report Abuse

“As long as citizens don’t disrespect the anthem law, there’s no need to worry, I hope people can discuss the bill rationally,” said Cheung.

The anthem bill is set for a second reading on Wednesday and is expected to become law next month.

Posted by RAMPAGE GODLIKE ! > 2020-05-27 13:59 | Report Abuse

I used to think that the Americans were always the good guys and those communist countries or opponents of Israel were the bad guys. Thanks to President Trump it is now so glaringly obvious to me that the Americans are really the bad guys, even the evil ones. They lie on a scale which astounds me, they slander, they cheat and fabricate evidence. To me the US is a lawless country which is infested with murders, drugs abuse, guns violence, full of hobos like robotop, extreme poverty for many, breakdown of family units, rudeness and incompetency, amongst others. Yet they boast that the are the best democracy in the world!! What a joke? They also boast that they are the richest country in the world! Considering the national debt of many trillions, they are actually even poorer that Zimbabwe ! If we take away the USD reserve currency status it will be obvious to all that US is like an emperor without clothes. I hope that China and the rest of the world wake up to remove that privilege accorded to the Americans who have been abusing that privilege by threatening many countries with sanctions because they have to use the USD for international trading.

The US and allies are showing their hypocrisy by condemning China for introducing a security law which curbs subversion, terrorism, sedition,etc. They don’t want these in their countries but the want these in Hong Kong, in the name of freedom and democracy, with the sole self serving purpose of destabilizing China. What hypocrites !

Posted by traderstrades > 2020-05-27 14:01 | Report Abuse

So because of one guy Trump, everything turns bad? US become bad?
Because of your one post, I think you must be a very shallow person

Posted by RAMPAGE GODLIKE ! > 2020-05-27 14:02 | Report Abuse

US democracy is not genuine it serves self-interest and self-centred democracy. It likes to suppress and destroy dictatarship and autocracy or communism govt. To them all must follow US model. My foot. See what happened in the middle east. The mess of destruction and loss of countless lives they created without any accountability and responsibility. Everybody must listen to Uncle Sam or risk being bombed or kidnapped in broad to daylight to face justice in their country. If that not enough to enact laws to punish unfriendly countries. US is actually not democracy but has become closer to autocracy and dictatorship. It has appointed itself a world police officer going round with baton to threaten and bully smaller and non-nuclear countries and even bombed any country without UN mandate and UN also used to be its puppet but now if another playing the same game it then tried to accuse UN of not being fair and another country centric and so on. It is always ready to meddle in other countries to further its political and economic interests but accuse others of doing likewise. US now can't even defeat Covid-19 and until now so many American lives are lost and yet they are busy shifting the blame to China. Save lives first and get the priority right first. Why so dumb!

Posted by traderstrades > 2020-05-27 14:03 | Report Abuse

Ei hello friend, dumb? who? china?

Posted by traderstrades > 2020-05-27 14:08 | Report Abuse

IF China did the right thing..... China should Ban their citizens wondering from wuhan to other states or ban them from Travelling to other countries(IN AND OUT)......If not for stupid china doings, what do you think this pandemic comes from? From Australia and America Bats? If Australia and America got those contagious bats, they will know sooner than you though....Even H1N1 originated from Mexico, not from U.S! Too bad china still play dumb and going ignorance stage!

Posted by QuellingBlaster > 2020-05-27 14:11 | Report Abuse

HO ho HO This is so obvious CCP is taking back HK sooner even with aggression and the status of the financial hub will be given to another bigger city in China. Democracy in HK will be crush by the evil communism. 50years unchange promise going to be broken! No lie no cheat Not china....HO ho HO

Posted by MoneyMaker168 > 2020-05-27 14:11 | Report Abuse

Really a joke. Only subversives would want to protest against the law made to inculcate love and respect to the country's national anthem.

Posted by redredredred > 2020-05-27 14:17 | Report Abuse

hahaha andr, u know la.. whats their purpose.. whole gang come out suddenly..

Ny036

714 posts

Posted by Ny036 > 2020-05-27 14:17 | Report Abuse

Rampage: fully agree with out.
All staff under trump dare not say the right thing. If he dun like what he hear, YOU ARE FIRE. Under trump soon USA going to bankrupt like his trump organisation now.
Today another black kill by police. China go and criticise?

Posted by redredredred > 2020-05-27 14:22 | Report Abuse

我不知道

Posted by redredredred > 2020-05-27 14:22 | Report Abuse

不是第一次了

Posted by redredredred > 2020-05-27 14:24 | Report Abuse

我没买也没卖 喜欢八卦 看表演

Posted by traderstrades > 2020-05-27 14:24 | Report Abuse

wah since redredredred change his name........now friends with kenie already,

Posted by RAMPAGE GODLIKE ! > 2020-05-27 14:26 | Report Abuse

Ny036: Thanks.
America under Trump now under fire, sure collapse soon!

Posted by redredredred > 2020-05-27 14:26 | Report Abuse

its fun to watch how people justifying their view here, be it the one who promotes or demotes

Posted by traderstrades > 2020-05-27 14:29 | Report Abuse

i agreed its really FUN to watch how people justifying their view here, be it the one who promotes or demotes or even change its name.......

Posted by redredredred > 2020-05-27 14:33 | Report Abuse

and copying one's comment too lol

Posted by Invicibletrader > 2020-05-27 14:34 | Report Abuse

Lousy stock, next TP 0.3

alipay88

365 posts

Posted by alipay88 > 2020-05-27 14:36 | Report Abuse

traderstrades, you miss out 1 more for redredredred, or even have multiple accounts, this account is use for protecting itself when attacking others forum, real account always go hiding somewhere!

alipay88

365 posts

Posted by alipay88 > 2020-05-27 14:46 | Report Abuse

Eh guys look at this, just few days back...

Posted by Invicibletrader > May 15, 2020 10:05 AM | Report Abuse

I just 'sapu'ed at 0.355. Next resistant at 0.495. Good luck.



now this,

Invicibletrader Lousy stock, next TP 0.3

27/05/2020 2:34 PM

alipay88

365 posts

Posted by alipay88 > 2020-05-27 14:46 | Report Abuse

Do you smell something rotten guys?

Posted by BatistaWorldChamp > 2020-05-27 14:47 | Report Abuse

Boooooo yaaaaaaaaaaaaah

Posted by BatistaWorldChamp > 2020-05-27 14:47 | Report Abuse

The world champ is here!

Posted by BatistaWorldChamp > 2020-05-27 14:47 | Report Abuse

Arb POWER house is ON!

Posted by BatistaWorldChamp > 2020-05-27 14:48 | Report Abuse

Power power power

Posted by traderstrades > 2020-05-27 15:03 | Report Abuse

yeah and copying one's comment too lol

Posted by RevenueQueeN > 2020-05-27 15:05 | Report Abuse

Guys just be nice here ok?

Elaine Tan

425 posts

Posted by Elaine Tan > 2020-05-27 15:07 | Report Abuse

yup!

Elaine Tan

425 posts

Posted by Elaine Tan > 2020-05-27 15:08 | Report Abuse

Arb price now can add more, 0.355 collected nice!

RoboTop

1,170 posts

Posted by RoboTop > 2020-05-27 15:13 | Report Abuse

Whole gang suddenly sneeking out from their cocoons.....wondering what the hell is going on......lol

Posted by MoneyMaker168 > 2020-05-27 15:13 | Report Abuse

KUALA LUMPUR (May 24): Foreign investors continued to exit Bursa Malaysia for the May 18-21 period, recording a total net outflow of RM394.34 million, as the country entered the third week of its conditional movement control order (CMCO) enforcement amid the Covid-19 pandemic.

The amount was lower compared with two consecutive weeks previously, on May 12-14 and May 4-7, which recorded RM734.18 million and RM736.28 million respectively, of foreign net selling.

An analyst told Bernama that the decline in value of foreign disposals for the week under review might have been a result of the CMCO implementation, which allows the economy to gradually reopen, and had progressively helped in boosting the country’s economy and rebuild consumers’ as well as investors’ confidence.

“Perhaps, going forward, we will see international funds making a comeback into Bursa Malaysia if the spread of Covid-19 remains contained and healthcare capacity remains robust,” he said.

The CMCO was announced by Prime Minister Tan Sri Muhyiddin Yassin, under which most economic and social activities are allowed to operate starting from May 4, following positive results from two to six strategies to combat Covid-19, strict measures to contain the outbreak and building resilience through the Prihatin Rakyat Economic Stimulus Package.

On May 1, Muhyiddin said Malaysia was losing an estimated RM2.4 billion a day due to the MCO, with total losses estimated at around RM63 billion then.

Meanwhile, Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the average participation of foreign funds stood at 14.59% during the first four days of the week compared with 15.86% in the corresponding period last week.

“Local institutions recorded a lower net buy of RM389.29 million between May 18 and May 21, compared with RM611.27 million previously, while local retail investors’ net buy this week eased to RM5.04 million from RM122.91 million before,” he told Bernama.

He noted that the FBM KLCI stayed above the 1,400-point level over the past week, but the benchmark index fell by 15.35 points last Friday to close at 1,436.76, in sync with a decline in major indices in Asia and the US.

“The gradual reopening of the economy as well as positive developments of a Covid-19 vaccine appear to have lent some support to the market.

“Nonetheless, economic numbers continue to remain weak, alongside the potential stand-off between the US and China over the latest security law in Hong Kong,” he added.

Mohd Afzanizam said China was seen exerting more control over Hong Kong and this had led negative reaction from US lawmakers.

“Prior to this, constant criticism by US officials of the origination of the pandemic from China could jeopardise bilateral relations between the two countries.

“It’s a bit of a tug of war between optimism about the reopening of the economy and geopolitical risks, and to some degree the intermittent rise in new infection cases as well as weak economic data that would result in market sentiments to remain guarded,” he said.

As such, he expected market sentiments to be cautious next week, also following the holiday-shortened week next week which will mean less trading volume on the bourse.

“Perhaps the KLCI is expected to be in range-bound mode in the immediate term,” he added.

Bursa Malaysia Bhd and its subsidiaries will be closed tomorrow and on Tuesday in lieu of the Hari Raya Aidilfitri celebrations today. Trading will resume on Wednesday.

Throughout the week, the market traded mostly higher, with trading volume reaching an all-time high of 11.21 billion units, supported by an overwhelming buying interest from retail participants amid the lower overnight policy rate (OPR) of 2%.

On Monday last week, Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah, during his royal address at the opening of the third term of the 14th Parliament, called on the government to look for ways to help companies and businesses affected by the Covid-19 pandemic.

His Majesty expressed confidence, saying that with good cooperation and cohesion, the challenges faced will be resolved together.

The King also called on the government to continue to simplify business processes to enhance investment activities, including the need to update existing laws, approval processes and incentives.

His Majesty said the government would continue to formulate, introduce and implement various programmes and initiatives to spur economic activities to improve the people's income and well-being, and in this regard, the Shared Prosperity Vision 2030 will be a catalyst for the nation's development direction.

Posted by MoneyMaker168 > 2020-05-27 15:14 | Report Abuse

Still infighting amongst ourself? Malaysian wake up la,

Posted by XxXTripleXxX > 2020-05-27 15:17 | Report Abuse

Hmm, pointless advice to those who love to throw stones and hide his hands at the back.

Posted by DatoSriLuvGuru > 2020-05-27 15:30 | Report Abuse

LOVE......PEACE.......FORGIVENESS!

Posted by Tradegentlemen > 2020-05-27 16:16 | Report Abuse

Any advice on this , top up or sell out all

Elaine Tan

425 posts

Posted by Elaine Tan > 2020-05-27 16:27 | Report Abuse

Tradegentlemen ,Top up or sell out all, its your own choice.......Your choice your risk, your money your call! ;p

My own invest style, ARBB any price below 0.40 i will keep on collecting!

Elaine Tan

425 posts

Posted by Elaine Tan > 2020-05-27 16:27 | Report Abuse

win lose cannot blame others

TalkNumberOne

2,954 posts

Posted by TalkNumberOne > 2020-05-27 16:39 | Report Abuse

Ask Hobo, but you must know the trick, when he say sell you buy

Bemillion

1,968 posts

Posted by Bemillion > 2020-05-27 21:50 | Report Abuse

Ohh

Bemillion

1,968 posts

Posted by Bemillion > 2020-05-27 21:51 | Report Abuse

New comers arbb..emmm active forumm

persie

1,412 posts

Posted by persie > 2020-05-27 22:01 | Report Abuse

I don't know why do operators don't want to goreng such a good company arbb. Like in a family technology, arbb like an out of wedlock child.

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