ARB BERHAD

KLSE (MYR): ARBB (7181)

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Last Price

0.035

Today's Change

0.00 (0.00%)

Day's Change

0.035 - 0.035

Trading Volume

78,500


62 people like this.

25,582 comment(s). Last comment by felet404 15 hours ago

Davidleong

154 posts

Posted by Davidleong > 2021-03-11 14:11 | Report Abuse

We bought at lower.
They buy at breakout 0.38.

Who better?


Happyday123 TA boleh pakai and trust meh?
11/03/2021 12:55 PM

IkanCaru

46 posts

Posted by IkanCaru > 2021-03-11 14:13 | Report Abuse

ya TA very good at all..

winterwolf

663 posts

Posted by winterwolf > 2021-03-11 14:20 | Report Abuse

If TA and FA are both so full proof, I guess all had become millionaires and no losers in share market already.

Both are just a guide, nothing more than that. The stock market is just unpredictable with so many variables.

Both are 100% fool proof though.

Manin40

542 posts

Posted by Manin40 > 2021-03-11 14:25 | Report Abuse

Continue reminding us on the value of this future potential. Though it pick up slowly but the foundation is strong.

Manin40

542 posts

Posted by Manin40 > 2021-03-11 14:25 | Report Abuse

ARB Bhd has teamed up with China’s state-owned China United Network Communications Group Co Ltd (China Unicom) to undertake smart building projects and other ancillary businesses in Malaysia.

The partnership agreement was signed today by their respective subsidiaries, Arbiot Sdn Bhd and China Unicom Operation (Malaysia) Sdn Bhd, ARB said in a filing with Bursa Malaysia.

China Unicom is the world’s fourth-largest mobile service provider by subscriber base, and is listed on the stock exchanges in New York, Hong Kong and Shanghai.

For FY19, China Unicom registered a profit after tax and minority interests of 11.3 billion yuan (RM7.1 billion), on the back of a revenue of 264.4 billion yuan (RM164.9 billion), said ARB.

winterwolf

663 posts

Posted by winterwolf > 2021-03-11 14:30 | Report Abuse

3 months old stories seldom drive market, it is like the value of old newspaper

carurhead

211 posts

Posted by carurhead > 2021-03-11 14:38 | Report Abuse

More and more good news. Rising just on the road...

Posted by protrader888 > 2021-03-11 15:36 | Report Abuse

Tomorrow ARBB will be in the top volume list..

Davidleong

154 posts

Posted by Davidleong > 2021-03-11 15:52 | Report Abuse

PE 4 we shall see

Davidleong

154 posts

Posted by Davidleong > 2021-03-11 15:53 | Report Abuse

tech companies shall valued at least pe 15 above

Ifahjais

264 posts

Posted by Ifahjais > 2021-03-11 16:14 | Report Abuse

The bid/offer is now 38/385

Did you place you bet that the market will go up and break the resistance? But need to confirm by the closing last done price.

If close above 38, then the next resistance should be 43.

Lai ar lai ar... place your bets. Bet whether it's a real break above 38 or a false break.

Ifahjais

264 posts

Posted by Ifahjais > 2021-03-11 16:17 | Report Abuse

Exciting. War going on between buyers and sellers at 38.

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-03-11 21:55 | Report Abuse

Fundamental too good to believe..foreign fund open eyes big big.

Bring i cloud computing together with China, BB be king in Tech Stocks

eschai

4 posts

Posted by eschai > 2021-03-12 00:03 | Report Abuse

No. of share(inc.ICPS) is 1075.36 mil share after considering 100% conversion. In such scenario, the correct EPS is 4.04 and PE is 9.28.

Posted by staypositive > 2021-03-12 00:31 | Report Abuse

15 ICPS = 1 main share
So total NOSH is +66MIL shares only

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-03-12 05:42 | Report Abuse

20 ICPS = 1 Mother Share. No one to do these, likely they spend 20 cents to convert 1 ICPS into 1 Mother Share. just 11 March, they got Conversion of Preference Shares - 3,610,000 shares at 0.200, or RM720K Cash into the BB.

Take note these 20 Cents of each conversion is a huge cash flow incoming into the company.
By end December, the company got 24.5 million cash, by now, just add in conversion moneys, at least BB has RM40 million cash in hand to do any M&A he needed, ie. Cloud Computing business,

my good guess is Din Din will pull string for Fatty hand together to do these deal.

cheers

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-03-12 05:43 | Report Abuse

0.50 be BB closing today

cactus81

267 posts

Posted by cactus81 > 2021-03-12 06:50 | Report Abuse

PE now is 4.04. Some argue that the PE should be 9.28 after including all the ICPS. However, it did not mention how much cash the company will get upon the full conversion of ICPS. Till Feb 2021, there are about 619843500 ICPS remained listed. If the PE is 9.28, the company will get additional cash RM 123968700. Based on current share price, the PE will be 9.28 and every share hold at least 10 cent cash upon full conversion of ICPS.

cactus81

267 posts

Posted by cactus81 > 2021-03-12 06:58 | Report Abuse

About 77449500 ICPS have been converted between 18 Feb and 12 Mac. This mean the company get additional RM 15.5 million cash which can be used for business expansion.

jlex11

536 posts

Posted by jlex11 > 2021-03-12 08:26 | Report Abuse

Guys, this is an interesting counter whereby investors has factor in the outstanding ICPS pending conversion to price the shares...As stated earlier, even if all the ICPS are converted the PE for year ended 2020 is only 9.4 and with tons of cash for the company....

A raw diamond out there to be pluck ....right industry, spendid financial performance , low PE , thus lower pricing ..what are you guys waiting for ....

Cheers & good luck...

Posted by protrader888 > 2021-03-12 09:19 | Report Abuse

Later will shot up..

Posted by Happyday123 > 2021-03-12 10:30 | Report Abuse

People start dumping...It's Friday today...Closing price for today 0.35...:)

Posted by Happyday123 > 2021-03-12 10:32 | Report Abuse

Will ARBB will next Dataprp???lol

Posted by Happyday123 > 2021-03-12 10:38 | Report Abuse

Today is Friday won't have much surprise for tech stock...

Davidleong

154 posts

Posted by Davidleong > 2021-03-12 11:40 | Report Abuse

Arbb long term sure more than rm1 lol.



Happyday123 Will ARBB will next Dataprp???lol

Davidleong

154 posts

Posted by Davidleong > 2021-03-12 11:40 | Report Abuse

looking forward to its IoT segment to earn BIG

bosskufanboy

1,441 posts

Posted by bosskufanboy > 2021-03-12 14:23 | Report Abuse

ARBB is definitely a long term investment, I hope ARBB will jump like Dataprp lol

felet404

99 posts

Posted by felet404 > 2021-03-12 17:00 | Report Abuse

Why Dataprp can jump so high when they r making lost, but ARBB can't?

Ifahjais

264 posts

Posted by Ifahjais > 2021-03-12 18:12 | Report Abuse

ARBB is considered a new company People don't trust new companies. The company needs to prove itself. To prove itself the company needs time... years before the company can earn investors trusts.

Ifahjais

264 posts

Posted by Ifahjais > 2021-03-12 18:18 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/03/10/tech-is-still-intact?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20210310&__sta=vhg.qbhobbsadsqxtsealbzjs%7CFIBI&__stm_medium=email&__stm_source=smartech

Tech is still intact
By GANESHWARAN KANA
MARKETS
Wednesday, 10 Mar 2021

PETALING JAYA: The correction in the technology sector, as evident from the heavy sell-off among technology darlings in the United States and Malaysia, is likely to be short-term in nature.

Experts believe the long-term prospects of technology stocks remained intact, and hence, will not derail the sector’s massive rally that began a year ago.

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-03-12 18:30 | Report Abuse

ARBB should change its company name. This old name is not fit for tech company

winterwolf

663 posts

Posted by winterwolf > 2021-03-12 19:35 | Report Abuse

the face value of 1 ARBB-PA is 1 sen
the exercise ration is 20
to convert to 1 share ARBB, one either surrender 1 ARBB-PA and top up with 19 sen , or use 20 ARBB-PA to convert to 1 ARBB,

so the second scenario is definitely out of the question for the moment when 1 ARBB-PA market price is 0.17. No sane person will do that unless got too much wealth to burn.

The conversion of ARBB-PA to ARBB is definitely welcome by the company as it brings in 19 sen working capital for every 1 ARBB share issued, but for the shareholders, it has dilutive effect as the NTA of ARBB is 40 sens.

1 share of ARBB-PA is now 17 sen, top it up with 19 sen, you will get 36 sen, That is the main reason why the share price is stucked at current level when an active conversion is taking place.

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-03-12 22:22 | Report Abuse

Who wants to spend another 19 cents cash to convert to mother shares ? Whoever have PA, what for he wants
to convert them, the capital to convert is more than PA price.
But active conversion is seen every week.
How syndicates to calculate the number of shares in the market to do their plays??

winterwolf

663 posts

Posted by winterwolf > 2021-03-13 10:03 | Report Abuse

it is quite obvious the conversion is not done by common retailers.
as it serve no purpose, for every conversion is about 5 to 10 market days risks of being tied up and the gains is only 1 to 2 sen.

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-03-13 13:41 | Report Abuse

something is brewing for sure

Laiks1970

40 posts

Posted by Laiks1970 > 2021-03-13 15:41 | Report Abuse

From the Star business news.

TECHNOLOGY stocks may be taking a breather but that does not seem to be stopping a decent flow of new listings from this sector.

Yesterday, a company that makes Internet of Things (IoT)-based products got listed on the Singapore Stock Exchange with a market value of just under S$1bil (RM3.7bil).

The Singapore firm, with one of its operations in Johor, had attracted some Malaysian funds as cornerstone investors. These included the likes of the Employees Provident Fund, Affin Hwang Asset Management and Hong Long Assurance.

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-03-13 21:52 | Report Abuse

Laiks 1970, please provide web link .need to read more

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-03-14 16:26 | Report Abuse

thanks

cactus81

267 posts

Posted by cactus81 > 2021-03-14 23:09 | Report Abuse

May i know how to check the PDT? Thank you.

Ifahjais

264 posts

Posted by Ifahjais > 2021-03-15 09:44 | Report Abuse

So early in the morning attempting to break above the 38 resistance. Lai ar lai ar will it break above 38 resistance and close above the 38 resistance? Last call, place your bets Place your bets!

warchest

1,803 posts

Posted by warchest > 2021-03-15 10:02 | Report Abuse

naysayers :) love u

warchest

1,803 posts

Posted by warchest > 2021-03-15 10:02 | Report Abuse

i'm still here, patiently reaping reward

hwl5211

85 posts

Posted by hwl5211 > 2021-03-15 10:09 | Report Abuse

Flying today gogogo

carurhead

211 posts

Posted by carurhead > 2021-03-15 10:12 | Report Abuse

Flying on the trend

sten_still

407 posts

Posted by sten_still > 2021-03-15 10:54 | Report Abuse

should buy on evening near the closing market that's way to know if today's breakout

hwl5211

85 posts

Posted by hwl5211 > 2021-03-15 11:19 | Report Abuse

I brought at Rm0.37 today, waiting to fly

Posted by Happyday123 > 2021-03-15 11:23 | Report Abuse

No flying unless there is rumors lo...Just shoot up bit bit only...

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