Posted by Ifahjais > 2021-02-22 13:47 | Report Abuse

KUALA LUMPUR (May 2): Shares in ARB Bhd (ARBB), formerly known as Aturmaju Resources Bhd jumped 8.49% in active trade this morning after it returned to 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.

At 9.20am, ARBB rose 4.5 sen to 57.5 sen with 25 million shares traded.

Old news... May 2 2019. Profits 5 million for Q1 2019 share price 57.5sen. I don't see how the share price can remain at 44.5sen at morning close (sure, number of shares have increased) instead of nearer to 57.5sen

Posted by Ifahjais > 2021-02-22 14:08 | Report Abuse

KUALA LUMPUR, Feb 22 — The government said today the distribution of 5G spectrum will not be done through auction but leased via a special purpose vehicle wholly owned by the Ministry of Finance (MoF).

5G is a fifth generation mobile network that provides super fast connectivity needed to enable technologies like artificial intelligence and the internet of things (IoT), by allowing connection with machines or devices.

ARBB is well positioned to reap the benefits of 5G. Many IoT ideas that are impossible to implement at the moment will be doable with 5G.

If ARBB can lease 5G spectrum then it will be a game changer for the company.

Posted by azmanizam > 2021-02-22 14:18 | Report Abuse

PE still lowest(4.xx) compare others stock at the same sector ( avg: 22). Good QR

Posted by shamazia7423 > 2021-02-22 14:19 | Report Abuse

Hopefully arbb make new high today...and then break 0.5..0.6 this week

Posted by drteh84 > 2021-02-22 14:20 | Report Abuse

Can it be the next DNEX ?

Posted by rapparesh > 2021-02-22 15:55 | Report Abuse

Next DNEX? Who knows? ARBB will reap more profit if it ventures and implement IoT with 5G

Posted by oxcowbull > 2021-02-22 16:48 | Report Abuse

Tomorrow will make today a doji? party ends so fast ah

Posted by Ifahjais > 2021-02-22 17:02 | Report Abuse

PA closed up 2. That's up 13%. No matter how you look at it, up 13%, the momentum on the upside is still strong.

Posted by Ifahjais > 2021-02-22 17:27 | Report Abuse

2000 profits RM 42,870,000
2019 profits RM 34,389,000

The share prices should have moved up after ARBB posts profits of RM 34m. Investors are sceptical people and the prices remained low.

Last year they post increased profits of RM 42m

Still want to remain sceptical?

Record breaking profits 2 years in a row still want to remain sceptical?

Posted by char1234 > 2021-02-22 20:51 | Report Abuse

it's a game, only they manipulate...

Posted by dusti > 2021-02-22 21:11 | Report Abuse

Huge volume, but no excitement in its market price. People must see and understand the latest QR . There is talk that price can double in the long term; remain robust in the short term

Posted by char1234 > 2021-02-22 21:34 | Report Abuse

yes, testing ground ...only they know what to test ...ha ha

Posted by MadCow75 > 2021-02-23 00:06 | Report Abuse

haiyo... bb wake up then sleep back.... tomolo kasi wake up lor... if not will fall long sleep again...

Posted by OneSmallStep > 2021-02-23 00:16 | Report Abuse

Ayoyo...look at the market la..drop 14.47 point..and you are thankful lo..arbb still end positive...

Posted by warchest > 2021-02-23 06:39 | Report Abuse

Is still a very nice closing for ARBB as market dropped a lot yesterday with 2/3 of counters in red.

Posted by shamazia7423 > 2021-02-23 08:18 | Report Abuse

Everyday 1cent good enough...slowly crawl

Posted by Ifahjais > 2021-02-23 08:36 | Report Abuse

PRE open
buy volume: 86916
Sell volume: 26056

at this moment

Posted by Ifahjais > 2021-02-23 08:37 | Report Abuse

PRE open
buy volume: 90226
Sell volume: 26556

at this moment
23/02/2021 8:36 AM

Posted by TalkNumberOne > 2021-02-23 08:42 | Report Abuse

Hoot9, hoot hoot hoot?

Posted by Ifahjais > 2021-02-23 08:45 | Report Abuse

PRE open
buy volume: 91007
Sell volume: 27086

at this moment

Posted by Ifahjais > 2021-02-23 08:51 | Report Abuse

PRE open
buy volume: 94594
Sell volume: 28836

at this moment

Posted by Ifahjais > 2021-02-23 08:54 | Report Abuse

PRE open
buy volume: 95913
Sell volume: 29386

at this moment

Posted by Ifahjais > 2021-02-23 08:58 | Report Abuse

PRE open
buy volume: 68811
Sell volume: 29966

at this moment

Posted by Ifahjais > 2021-02-23 09:02 | Report Abuse

Buy volume dropped because the app only calculates the top five bids volume (and somebody out in a higher bid at low volume).

Posted by BabyAce > 2021-02-23 09:25 | Report Abuse

Bought back @ 40.5 sen. Today is such a good day.

Posted by Ifahjais > 2021-02-23 09:46 | Report Abuse

buy volume: 121902
Sell volume: 69791

at this moment

Still strong the buying interests. Of course some people will tell you, wait until the market turns weak... it's too late. These are call "contrarian" traders.

Posted by dusti > 2021-02-23 09:47 | Report Abuse

WITH FINE RESULTS RECENTLY ARBB SHOULD BE SHOOTING FOR THE STARS, BUT IT IS GOING IN THE WRONG DIRECTION..............IS ANYONE FOOLING AROUND?

Posted by BabyAce > 2021-02-23 09:52 | Report Abuse

Hehehe start moving up liao

Posted by warchest > 2021-02-23 09:58 | Report Abuse

Manage to add some :)

Posted by char1234 > 2021-02-23 09:59 | Report Abuse

agree with dusti

Posted by Ifahjais > 2021-02-23 10:01 | Report Abuse

I won't call shooting up (after the Q4 report came out) from ~28 to now above 40.... "GOING IN THE WRONG DIRECTION"

Posted by dusti > 2021-02-23 10:47 | Report Abuse

ARBB was 37 one day after the QR, touched 46 yesterday morning and since then has been on skid row..................it can do much better

Posted by influenza19 > 2021-02-23 11:03 | Report Abuse

Organic grow is better, sharp rise sharp fall meaning only full with traders.. attract investor is better for this counter.

Posted by char1234 > 2021-02-23 11:10 | Report Abuse

almost 50 pct increase from qr announced ...

Posted by char1234 > 2021-02-23 11:10 | Report Abuse

ifahjais is correct

Posted by char1234 > 2021-02-23 11:10 | Report Abuse

but we are too greedy

Posted by char1234 > 2021-02-23 11:11 | Report Abuse

this counter used to be extremely aggrey

Posted by char1234 > 2021-02-23 11:11 | Report Abuse

aggressive

Posted by Manin40 > 2021-02-23 11:13 | Report Abuse

Malaysia has a lot of gems.. that worth a lot, if this is listed in US, the PE is not possible to be this low. It is good also sometimes as global market, you will not have this chance to find gems...

Posted by Manin40 > 2021-02-23 11:15 | Report Abuse

back in 1997, the bursa index highest was 1300, now it is 1500+ to 1600.. simple math for RM has been depreciating a lot since then. And companies already becoming stronger and smarter productivity.

Posted by Ifahjais > 2021-02-23 11:15 | Report Abuse

buy volume: 143898
Sell volume: 88642

at this moment

Buying interests so strong. So why the price come down? Since there are people desperate to take profits (we classify these as 'scared to win' people) why buy higher price when you can buy at a lower price?

Posted by Ifahjais > 2021-02-23 11:26 | Report Abuse

Unless the sellers are insiders that have information that we don't have and they are hiding their sell orders.

Posted by Ifahjais > 2021-02-23 11:29 | Report Abuse

Or the sellers are big funds pushing the price down to get rid of the week hands.

Posted by Ifahjais > 2021-02-23 12:12 | Report Abuse

Or it's just normal market behavior... after a strong up or strong down... the market will consolidate... before continuing or reversing.

Posted by dusti > 2021-02-23 13:19 | Report Abuse

When price movement is volatile over short periods of a day or two, there are usually the invisible hands of manipulatorS at work. Of course we can give reasons for volatility. Eventually logic will prevail. So I have to wait for now. Welcome to wait with me but must observe “social distancing”

Posted by Bluey > 2021-02-23 14:52 | Report Abuse

Hello, this is a lobster market. Cannot sell crocodile, or comodo dragons here.

Posted by bosskufanboy > 2021-02-23 15:24 | Report Abuse

Nice babyace, also collect back some today here

Posted by Ifahjais > 2021-02-23 15:25 | Report Abuse

A huge buy order just came in.

Posted by Ifahjais > 2021-02-23 15:27 | Report Abuse

The whole day the buy orders volume are at least 2 times the sell orders volumes.

Posted by Ifahjais > 2021-02-23 15:29 | Report Abuse

Wait and wait until fed up of waiting. Rush in to buy.