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

Good sign

Posted by bosskufanboy > 2021-02-23 15:40 | Report Abuse

Good day for ARBB for sure

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

Today is 7th days of overwhelming bankers' chips. Buying volume very high from 40.5 to 42.5, buyers overwhelmed sellers. Arguable that the share price of ARBB didn't up a lot but at least sustainable compare to its peers

Posted by warchest > 2021-02-23 16:01 | Report Abuse

Give it a little more time, a day or 2 it might breach RM0.50

Posted by warchest > 2021-02-23 16:06 | Report Abuse

Good food and fine cuisines need to wait. But at least is worthwhile

Posted by Puremind > 2021-02-23 16:58 | Report Abuse

ARB Berhad upbeat about its cloud-based IT solutions


KUALA LUMPUR, Feb 23, 2021 - (Media OutReach) - In the past three financial years, ARB Berhad ("ARB" or "Group") has not only staged a very successful turnaround but has also consistently registered substantial net profit growth. As recent as the fourth quarter of the financial year 2020, the Group achieved a massive leap of 55% in the bottom line.

The Group's success in breaking away from its decade-long losses lies in its strategic diversification into the field of enterprise resource planning (ERP) and Internet of Things (IoT) solutions.

To date, ARB is amongst the lowest in terms of valuations when compared to its peers in the technology sector. The Group had also managed to deliver meaningful growth to its shareholders despite facing the negative influence of the pandemic.

ARB is in a net cash position, with cash and cash equivalents worth RM24.5 million against zero borrowings as of 31 December 2020.

Looking ahead into 2021 and beyond, ARB's upward growth momentum is poised to continue, underpinned by the immense potential in digitalisation among businesses and the Industry 4.0 agenda.

After posting its record-high net profit in the financial year of 2020 (FY20), the Group is confident of achieving a more robust performance in the current FY21.

ARB's Executive Director Dato' Sri Larry Liew Kok Leong said that the Group aims to expand its geographical presence and access various new industry sectors by taking advantage of cross-border business opportunities in 2021.

"In line with our regional expansion plan, we intend to collaborate with local partners to extend our footprint in our information technology (IT) Segment in other countries through the acquisition of business and technologies," he said.

A key growth strategy for 2021 would be ARB's move in providing more cloud-based product offerings, which would be achieved through the execution of partner-ecosystem in growing industries.

At the domestic front, Dato' Sri Liew said ARB plans to work closely with government-linked companies, multinational corporations and public listed companies as envisaged under its 2021 business plan.

"Our cloud solutions have proved to improve management efficiency and accelerate a business' digitalisation initiatives. At the same time, the solutions would also help to achieve cost-effectiveness," according to Dato' Sri Liew.

Moving forward, the Group also intends to expand into new horizontal markets such as providing cloud-based solutions to facilitate the new norm of business needs.

"As part of the growth strategy driven both organically and through strategic acquisitions, we are delivering innovative solutions in new categories, including Big Data analysis, e-commerce solutions, IoT platform for 5G and data cybersecurity, and expect to continue grow these businesses in the future," said Dato' Sri Liew.

He added further that the Group will accelerate rolling out IoT platform-based smart home solutions that have been gaining traction, especially among households in the urban area.

ARB's IoT platform would be able to integrate a wide range of electrical appliances, allowing multi-connection and readiness of artificial intelligence learning features for the ease of use of home occupants.

According to Dato' Sri Liew, ARB's growth prospects are intact as it is well-positioned in two promising operating segments, namely, ERP and IoT. Our ERP and IoT segments will drive alignment, focus and growth while sharpening our partners' focus. In addition, we are excited to see our IoT solutions business return to growth by serving more enterprises, further building on our annualised recurring revenue.

Based on the statistics by Frost & Sullivan, the Malaysian IoT market is expected to grow at a compound annual growth rate (CAGR) of 24.7% from US$2.2 billion in 2019 to reach US$10.3 billion by 2026.

Meanwhile, the Malaysian ERP market is projected to grow from US$120 million to reach US$255 million in 2026, growing at a CAGR of 11.4% in the same period.

"ARB's unique cloud-based ERP business model reduces the Group's dependence on external technology vendors and allows it to capture a bigger share of the value pool generated from the collaborations.

Dato' Sri Liew expects the ERP segment to remain as the main revenue contributor for ARB in FY21, with continued recurring income potential.

The ERP segment is expected to deliver 65% of total turnover, while the remaining will be contributed by the IoT business. Both segments are expected to be in line with the global initiative in advancing into the new era of Industry 4.0.

Posted by Puremind > 2021-02-23 17:07 | Report Abuse

......continue.....
"We create value by providing a tailor-made solution for our JV partners, designed to generate an immediate impact on sales and profits. At the same time, it also improves our business as we allow our JV partners to cross-sell their products and upsell packages to end customers, hence creating a synergistic relationship," he added.

"The Group will continue to look for opportunities that might open up amidst the crisis, observe the market situation and adapt to what is needed in the current market to ensure the sustainable growth to the Group," Dato' Sri Liew said.

In FY20, the Group's net profit grew by nearly 25% year-on-year (y-o-y) to RM43.46 million, on the back of a 114% surge in revenue to RM219.45 million. It staged a turnaround in FY18 with a net profit of 4.23 million and continued to grow its bottom line to RM32.8 million for FY19. The Group has continually achieved its steady three-year earnings growth in revenue and net profit since 2018.

With 2021 set to be a year of recovery, underpinned by an improvement in business sentiment, ARB's outlook appears to be positive.

ARB would be a key beneficiary of an increase in capital expenditure among businesses to digitalise their internal operations.

Currently, the Group has one of the lowest price-to-earnings ratios in the technology sector at just 4.6 times as of 22 February 2021 as compares with other technology industry players such as Mi Technovation Bhd (64.4 times), Inari Amerton Bhd (63.5 times) and ViTrox Corp Bhd (88.8 times).

About ARB Berhad
ARB Berhad ("ARB" or "Company") is incorporated in Malaysia under the ACT in October 1997 and was listed on the Main Market of Bursa Malaysia Securities Berhad in February 2004.

The Company is primarily an IT software and platform provider company.

It's business operates predominantly in two (2) business areas:
1. Enterprise Resource Planning ("ERP") - designing and reselling of customised ERP solutions
2. Internet of Things ("IoT") - integrated solutions in the systems, engineering, procurement, commissioning, and management of IoT systems

Its expertise lies in empowering businesses through digital transformation and technology integration.




Source: ARB Berhad

Posted by Manin40 > 2021-02-23 17:14 | Report Abuse

Another DNEX like GEM

Posted by 2017win > 2021-02-23 18:03 | Report Abuse

Stay tuned for tomorrow ARBB fans...huat ar

Posted by TalkNumberOne > 2021-02-23 18:59 | Report Abuse

2017 why tomorrow huat o?

Posted by oxcowbull > 2021-02-23 22:33 | Report Abuse

skylimit88 give TP above 80 cents, if hit really huat gao gao

Posted by TalkNumberOne > 2021-02-23 22:40 | Report Abuse

. Who is skylimit88 o? Roger punya kawan?

Posted by oxcowbull > 2021-02-23 22:51 | Report Abuse

https://klse.i3investor.com/blogs/afsskylimit/2021-02-23-story-h1541229469-The_Unfair_Advantage_of_This_Technology_Company.jsp

Posted by Ifahjais > 2021-02-24 08:24 | Report Abuse

Bid 41 Offer 42
Best bids volumes: 125087
Best offers volumes: 168032
Best bids volumes is still a lot more than best offers volumess. Limited downside risks.
As of this moment

Posted by smkts123 > 2021-02-24 09:20 | Report Abuse

Technology company ARBB with net profit RM 19.7 mil but only got market capital RM 192 mil. Industronics just RM 3.5mil profit but got RM 100 mil market capital

Posted by oxcowbull > 2021-02-24 09:34 | Report Abuse

so quiet today..MadCow what you done to your bb last night

Posted by dusti > 2021-02-24 09:35 | Report Abuse

Please re-read my comment at 1.19 pm yesterday. If you want to buy wait for 40 after the big boy “Kenyans”. Good luck

Posted by Ifahjais > 2021-02-24 10:09 | Report Abuse

So far so good. After big run up, must consolidate to let the weak hands get out. Only if it continues like this then it's a problem (no more energy to continue racing up).

Posted by Ifahjais > 2021-02-24 10:11 | Report Abuse

Not "problem" price will collapse. Just "problem" stop shooting up.

Posted by Manin40 > 2021-02-24 11:00 | Report Abuse

https://klse.i3investor.com/blogs/HIDDENGEMLIST/2021-02-24-story-h1541234243-This_Little_Known_Technology_Company_Could_Benefit_Greatly_From_Cloud_E.jsp

Posted by Manin40 > 2021-02-24 11:02 | Report Abuse

nice job on study and analysis - ARBB is far more valuable. our local market investors usually wait and see. They thrive on news, not on data. The earning data speaks by itself. Stay and enjoy making money!

Posted by goodiewilly > 2021-02-24 11:02 | Report Abuse

Good report out in HK n Taiwan to attract foreign investors but fall today after holding well for the past 2 days
Buy more

Posted by Manin40 > 2021-02-24 11:07 | Report Abuse

Simply comparing Itronics and ARBB on latest quarter result:

ARBB Rev 72mil Profit 20mil
ITRONICS Rev 9mil Profit 3mil

The profit itself is double of Itronics revenue!

Posted by Manin40 > 2021-02-24 11:08 | Report Abuse

Fund managers dont be greedy, let everyone makes money is better than alone making hefty profit!

Posted by goodiewilly > 2021-02-24 11:41 | Report Abuse

Baby Ace situation, any comments??
Top up more after buy back at 40.5 ?

Posted by Ifahjais > 2021-02-24 11:56 | Report Abuse

Bid 385
Offer 390
Best bids volumes: 162784
Best offers volumes: 55671

As of this moment

Posted by dusti > 2021-02-24 12:07 | Report Abuse

NOW IS A DAMN GOOD TIME TO BUY IN. SO Many are waiting for ARBB to FLY

Posted by oxcowbull > 2021-02-24 12:26 | Report Abuse

Target close today 0.37 (~12%)

Posted by Ifahjais > 2021-02-24 12:27 | Report Abuse

I suppose this move down is to close the gap between ARBB and ARBB -PA

Gap is now +4

Posted by tai yee > 2021-02-24 12:36 | Report Abuse

is it similar to Dnex that day? mother drop a bit to close gap with son. Then next day both suddenly surge crazy high

Posted by oxcowbull > 2021-02-24 12:44 | Report Abuse

may be some people want everyone think that it is like DNEX, then they can easily take profit while people are waiting the miracle like DNEX HAHAHA

Posted by chesslim > 2021-02-24 12:49 | Report Abuse

记住，当别人恐惧时你要贪婪。

Posted by smkts123 > 2021-02-24 12:54 | Report Abuse

Ya. ARBB must match ARBB-PA excersice price 0.20 sen. At current ARBB-PA price 0.14. the mother should value around 0.35 sen.

Posted by oxcowbull > 2021-02-24 13:03 | Report Abuse

wake up guys, always son follow mom, since when become mom follow son?

Posted by Ifahjais > 2021-02-24 13:31 | Report Abuse

https://www.thesundaily.my/business/us-based-caravan-capital-emerges-as-substantial-shareholder-of-arb-NY2346708

US-based Caravan Capital emerges as substantial shareholder of ARB
SUNBIZ /28 APR 2020 / 23:01 H.

The more I dig the more I like.

Posted by thanos2020 > 2021-02-24 13:41 | Report Abuse

Old news bro, you wld hv found out all these info much earlier before investing your precious money into this counter. But good that you brought it up again for the rest who aren't aware of this....

Posted by oxcowbull > 2021-02-24 13:56 | Report Abuse

normal la, when make lesser profit / losing but not yet cut loss, then starts finding lots of reasons for self comforting

Posted by Ifahjais > 2021-02-24 14:09 | Report Abuse

I haven't finished buying. Come down, can buy cheesier. When I've finished buying them I don't want it to come down. Actually if I'm not selling. Why care it goes up or down? Watching just for qi kek.

Posted by oxcowbull > 2021-02-24 14:13 | Report Abuse

sui sui, +1 for qi kek hahaha..but today seems no much show already

Posted by Ifahjais > 2021-02-24 14:20 | Report Abuse

BTW ifah is woman's name. She's at the moment I'm jail in Johor.. Last year this time her boyfriend killed her son around this time. He was sentenced to death in Feb 2020. She's actually in remand only. Covid-19 cause her to be in remand for 1 year and still don't know when go to trial. She's only charged for negligence never jaga her son properly and never report her boyfriend when he pukul the boy for a long time.

Posted by Ifahjais > 2021-02-24 14:24 | Report Abuse

Don't bother to find in the newspapers. Poor people cases... newspapers don't even bother to report. I was at the trial. 100% got newspaper cameraman covering the trial but no news report.

Posted by Ifahjais > 2021-02-24 14:32 | Report Abuse

The boy was 7 years old

Posted by Miracles > 2021-02-24 14:34 | Report Abuse

Why this stock PE so low..

Posted by Ifahjais > 2021-02-24 14:39 | Report Abuse

Because most of the stocks in ARRB-PA which is not calculated inside PE. Only after conversion will it be calculated inside PE. So it's somewhere near 10 the real PE.

Posted by rapparesh > 2021-02-24 14:47 | Report Abuse

This Little-Known Technology Company Could Benefit Greatly From Cloud Expansion!

The public cloud storage and computing system used to seem so far apart with us, but time has changed everything, cloud is getting more important and relevant to huge businesses! Even the darling ETF in town – ARK has predicted cloud performance and costs are improving as we progress.

However, what could this spell for Malaysian investors?

There is obviously growth to be found in cloud-related companies. But for us, Malaysian investors, it is extremely difficult, and we would face additional risks to invest in the oversea market even if its ETF, be it active or passive. So, what should we do?

Posted by rapparesh > 2021-02-24 14:47 | Report Abuse

Fortunately, upon browsing through Bloomberg Terminal, I stumbled upon this company’s article. Which was titled “ARB Berhad upbeat about its cloud-based IT solutions”. Sounds familiar?

Link for the article: https://www.bloomberg.com/press-releases/2021-02-23/arb-berhad-upbeat-about-its-cloud-based-it-solutions

In this article, Bloomberg mentioned that ARB Berhad (KLSE:ARBB) would offer more cloud-based products to enhance their services, which I believe the was in line with the management’s goal to add value to stakeholders as well as leveraging on their partner-ecosystem strategy.

Posted by rapparesh > 2021-02-24 14:47 | Report Abuse

It was also mentioned that the group’s product offerings expansion could be benefited from the new norm of business needs. We had seen big companies to allow their worker to choose their workplace in “hybrid mode”, which mean the employees could work from office, or home. Due to this new trend, the cloud services demand would be higher and higher.. ARK was right!

Let’s come back to what an investor can do to leverage the trend. There are only a few companies that are listed and involved in cloud services, and most of them are involved in cloud security. ARBB is the only pure play cloud management system provider who could grow alongside with their clients. To recap, ARBB is trading at a much, much lower valuation of single digit PER as compared to its peers! Our team had also worked out the calculation, and the final results show that ARBB was at least worth 80 cents and above.

Today ARBB had seen a deep discount of 7% - 9%.. Do not miss out on this opportunity!

Posted by rapparesh > 2021-02-24 14:47 | Report Abuse

https://klse.i3investor.com/blogs/HIDDENGEMLIST/2021-02-24-story-h1541234243-This_Little_Known_Technology_Company_Could_Benefit_Greatly_From_Cloud_E.jsp

Posted by Miracles > 2021-02-24 14:53 | Report Abuse

I see consistent profits and extremely low PE, icps might not be exercised right

Posted by Bluey > 2021-02-24 15:09 | Report Abuse

WHO PUSHED THE PRICE SO LOW. YOU ONLY HURT THE POOR RETAILERS. ALSO YOU DONT APPRECIATE THE VALUE AND PROSPECTS OF ARBB. TIME TO TURN IT AROUND. REMEMBER IT WAS 46 ONLY TWO DAYS AGO. COME ON PEOPLE GIVE TRUE VALUE TO GOOD COMPANIES!