Posted by hoot9eonly > 2021-04-26 11:12 | Report Abuse

Key Technical Analysis :

Last Done Price : RM 0.380

Support Level By Tier :

Tier 1 : RM 0.345

Tier 2 : RM 0.335

Tier 3 : RM 0.280



Resistance Level By Tier :

Tier 1 : RM 0.415

Tier 2 : RM 0.465

Tier 3 : RM 0.505



Comments : After a long consolidation in May 2020 – February 2021, ARBB had seen a spike in interest as shown in the money inflow chart. There are several technical indicators that are yelling “BUY” based on the current stock price as it looks relatively bullish for traders.



Description :

ARB Berhad, an investment holding company, manufactures and sells wood products primarily in Malaysia. It operates through five segments: Investment Holdings and Others, Manufacturing of Wood Products, Barging, Timber, and Information Technology. The company manufactures sawn timber and veneer. It also engages in the provision of scows and tug boats hiring services; consulting services for project management; management services; and timber contracting activities. In addition, the company is involved in reselling customized enterprise resource planning software system and information technology related services. ARB Berhad was founded in 1989 and is headquartered in Tawau, Malaysia.

Posted by influenza19 > 2021-04-26 14:04 | Report Abuse

https://www.nst.com.my/business/2020/12/648683/arb-aims-lead-iot-segment

"ARB via its distribution division, has an extensive sales and distribution network of IoT products namely smartphone, tab, watch band, with close to 2,000 number of resellers and retailers, covering every major cities in Malaysia"

As coincidence MCO announcement in January thus high demand for smartphone and tab due to implementation of online class at home. If ARBB really do this business, it should reflect on next QR.
This could be a hint whether ARBB really doing this business. Really hope for good result in the next QR.

Posted by MingGoon > 2021-04-26 15:14 | Report Abuse

engine warming up
going to another round up soon

Posted by AmongUs > 2021-04-26 15:50 | Report Abuse

lets go

Posted by Ifahjais > 2021-04-27 11:31 | Report Abuse

Many people remember that ARBB came down after hitting 0.40++ and so they sell.

Long term investors won't care about these few cents move.

Posted by Ong Kean Hoong > 2021-04-27 14:02 | Report Abuse

Lets clear all those short term and contra investors.

Posted by Ifahjais > 2021-04-27 14:47 | Report Abuse

No. of shares issued under this corporate proposal 3,505,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.20

Another RM701,000 in the company's pockets doing nothing.

Posted by Ifahjais > 2021-04-27 14:48 | Report Abuse

That's the way you do it. Money for nothing and your chicks for free.

Posted by Ifahjais > 2021-04-27 14:53 | Report Abuse

Grab to give Anthony Tan 60.4% voting power; posted US$10.4b accumulated loss
WED, APR 14, 2021 - 5:39 PM

Read that carefully...
US$10.4 billion accumulated losses....

billions for nothing and your harem for free.

Posted by Ifahjais > 2021-04-27 15:03 | Report Abuse

Grab – A missed opportunity for Malaysia
By GANESHWARAN KANA
CORPORATE NEWS
Thursday, 15 Apr 2021

This Anthony Tan guy is a Malaysian. Hopefully this will be a wake up call for the Malaysian government to not throw money at the (useless) politically convected
cronies andinsteadd support the best and the brightest Malaysians.

Posted by bosskufanboy > 2021-04-27 15:30 | Report Abuse

those that are here early already know ARBB is for long term, if you wanna get rich quick, ARBB is not for you

Posted by influenza19 > 2021-04-27 15:50 | Report Abuse

https://www.theedgemarkets.com/content/advertise/mah-sings-glove-milestone

'Starting from scratch allows Mah Sing to put best practices in place from the get-go, giving the Group an advantage over its peers. This is where the glove manufacturing factory's strength lies as its production lines are all automated for higher efficiency. An Enterprise Resource Planning (ERP) system and advanced Supervisory Control and Data Acquisition (SCADA) system is in place to support operations. The Group also ensures material environmental, social and governance (ESG) factors are considered starting from the initial stage of the venture.'

Proved that every new manufacturing factory / company (especially aiming for huge market) will implement Enterprise Resource Planning (ERP) system. There is is huge market for ERP system in Malaysia during this Digital Transformation Era.
The question is whether ARBB take this opportunity to expand their client or just focus offering their service to their JV companies?

Many thought that u can just buy cheap ERP software for your company. But it will become obsolete in two or three years as it will need constant update and upgrade. Its is common for MNC or big aspiration company to hire subcontractor / specialize company to always modify to their need, maintain, upgrade and update their software (ERP cloud solution)

https://customerthink.com/how-advanced-erp-transforms-tech-companies-success-and-roi/

https://www.forbes.com/sites/forbesbooksauthors/2021/04/26/getting-started-with-erp-software-should-you-choose-an-industry-expert-or-implementation-expert/?sh=13c3e79c363b

Posted by Richard123456 > 2021-04-27 21:49 | Report Abuse

https://www.klsescreener.com/v2/news/view/821335

Posted by Bangsabursa > 2021-04-28 00:10 | Report Abuse

stay if you're so called investor. If you're trader, this counter may not be for you.

Posted by nuke > 2021-04-29 15:21 | Report Abuse

@Ifahjais Dire Straits fan?

Posted by alibiii > 2021-04-30 17:15 | Report Abuse

In the latest financial report, stated that there is about rm2 mil interest expenses? Why so? I thought arbb almost no debt?

Posted by Ifahjais > 2021-05-01 09:31 | Report Abuse

Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares
No. of shares issued under this corporate proposal 1,800,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.2000

RM 360,000

Posted by soon9913 > 2021-05-01 13:13 | Report Abuse

QR is coming out in two weeks time... stay tune

Posted by alibaba13131 > 2021-05-01 14:12 | Report Abuse

hi, is any body know how much balance Irredeemable Convertible Preference Shares will be converted ?

Posted by s3phiroth > 2021-05-01 14:35 | Report Abuse

476mil shares

Posted by hoot9eonly > 2021-05-03 11:22 | Report Abuse

https://klse.i3investor.com/m/blog/TECHNOKING/2021-05-03-story-h1564255065-IS_THIS_COMPANY_THE_MALAYSIA_VERSION_OF_TECHNOKING.jsp

Posted by bosskufanboy > 2021-05-03 15:36 | Report Abuse

expecting another good QR...

Posted by gozilla88 > 2021-05-03 16:42 | Report Abuse

good qr bad company still a sell.......... buy JCY better upside

Posted by Ifahjais > 2021-05-03 17:34 | Report Abuse

ARBB .365
ARBB-PA .180

Posted by hoot9eonly > 2021-05-03 19:01 | Report Abuse

Jcy is a good company but last few quarter report damn disappointed and most people no cut loss sure stuck high and their hdd having some technical issues error end up no update also. Arbb from bad turn to good and now even better. Lol

Posted by goodiewilly > 2021-05-03 23:37 | Report Abuse

Long waited to back to 0.55 when it was originally fell since about 2 years ago..luckily I average down to 0 36..I plan to sell back to 0.55 as my first batch cost for good profit.
Do you think I could get it by June??
Tech King in Malaysia, when it hit 0.50, I may think of RM1 already.
Cheers

Posted by hoot9eonly > 2021-05-04 14:27 | Report Abuse

Cheers

Posted by bosskufanboy > 2021-05-04 16:27 | Report Abuse

fuiyoh, technoking is slowly climbing, testing 0.40 by this week

Posted by Ifahjais > 2021-05-05 14:42 | Report Abuse

Anybody knows when, the release of 1st quarter results?

Posted by speakup > 2021-05-05 14:55 | Report Abuse

https://www.nst.com.my/business/2021/05/688007/appasia-arb-and-other-bursa-listed-software-firms-excel-amid-covid-19

going limit up?

Posted by influenza19 > 2021-05-05 15:25 | Report Abuse

This counter is very unique:

Censof - shares issued 555 Millions, lost making, share price 0.40

Appsia - shares issued 364 Millions, Earning 0.609 Millions, share price 0.615

ARBB - shares issued 610 Millions, Earning 42 Millions, share price ONLY 0.38

Mestron - shares issued 906 Millions, Earning 6.1 Millions, share price already 0.43
Mestron in Feb 2021 only 0.165, ARBB in Feb 2021 0.270...
ARBB after all the good story but did not reflect in share price.

Posted by speakup > 2021-05-05 15:54 | Report Abuse

dataprep loss making company can limit up but profitable company arbb cannot move.
i give up. bye bye arbb

Posted by goodiewilly > 2021-05-05 16:30 | Report Abuse

NST big news today, yet people threw out millions of Arbb at 0.37 n 0.375, at leat 7.5 millions shares..what happens?

Posted by goodiewilly > 2021-05-05 16:40 | Report Abuse

Needs uncle KYY lar..someone please invite Uncle here to push to RM5.00..
Uncle can sponsor more students to further their studies ..God blessed

Posted by bosskufanboy > 2021-05-05 17:11 | Report Abuse

why compare all the goreng stocks with good fundamental company like ARBB?

Posted by bosskufanboy > 2021-05-05 17:11 | Report Abuse

you can always go invest on these goreng company, no one will stop u

Posted by hoot9eonly > 2021-05-05 17:39 | Report Abuse

Lol , dataprep more suitable for goreng la. Unlike arbb

Posted by Ifahjais > 2021-05-05 18:12 | Report Abuse

Some people trying to push ARBB down. Nobody trying to push ARBB up.

But those people trying to push it down, so far, not very successful. Some very small successes.

When they give up, give up trying to push it down, the move up will be fast and furious. Just don't know when.

Posted by goodiewilly > 2021-05-05 18:20 | Report Abuse

Good investment stocks also can be goreng. Lousy stocks definitely needs goreng.
Its nothing wrong to say someone goreng good value investment stock ..right?

Posted by soon9913 > 2021-05-05 20:27 | Report Abuse

result to be out next week lo

Posted by MiaoMiao7 > 2021-05-05 23:12 | Report Abuse

So many shares conversion.... insiders took the opportunity to throw their shares to ikan bilis. this coming quarter will be a disaster.

Posted by Ifahjais > 2021-05-06 06:17 | Report Abuse

What is important? The most important thing is that the company is growing very fast. Sooner or later it will be reflected in the stock prices. By the looks of it, it's later rather than sooner.

The next report might be a disappointment and the share price comes down.

Buy after the share prices comes down.

Posted by influenza19 > 2021-05-06 08:48 | Report Abuse

https://focusmalaysia.my/markets/ageson-eyeing-a-home-grown-ai-cum-machine-learning-unicorn/

"The business of the potential unicorn company will be operated by Bluewave Corner Sdn Bhd, a home-grown technology-based start-up which pioneers the AI & machines learning kiosk business.
Bluewave Corner has harnessed the Internet-of-Things (IoT) ecosystem and automation to deploy cost-effective smart vending machines."

Why Boss Liew did not invest through ARBB (Main business technology) but AGESON (Construction and Property)? Bluewave is in AI and IoT Business.

Are ARBB already at its maximum potential and the share price not worth to push anymore? or the trade receivable has become liability (no cash) that make ARBB cannot invest in any new technology business? will ARBB become stagnant? is this the reason for huge sell at the end of yesterday market?

Or Boss Liew want to diversified all his company into technology company?

Posted by Ifahjais > 2021-05-06 09:01 | Report Abuse

Buy Ageson also.

Posted by Ifahjais > 2021-05-06 09:04 | Report Abuse

Quick look at the buy/sell orders for ARBB-PA.

The 300 buy at .180 is my order.

Nobody selling to me at market open even when ARBB is .165/170

Posted by Ifahjais > 2021-05-06 09:10 | Report Abuse

Ok my 300 lots done and now it's .175/.180

Posted by Ifahjais > 2021-05-06 09:12 | Report Abuse

My expectation is ARBB and ARBB-PA is not going anywhere, up or down, until the quarterly report comes out.

Posted by Ifahjais > 2021-05-06 09:32 | Report Abuse

Yesterday, maybe the massive sell orders at the closing could be "contra" players forced to get out.

If that's the case then no worries.

It doesn't mean anything. It doesn't mean whether the price will go up or go down, yesterday's massive sell orders at the closing.

Posted by goodiewilly > 2021-05-06 10:01 | Report Abuse

Today one hour 5 million shares change hand, another massive share change hands in open market, secret buyers to come in soon

Posted by goodiewilly > 2021-05-06 10:33 | Report Abuse

What is 5% major shareholder to announce name? Let's wait ..
Ageson can sign a unicorn acquisition...do something like XOX?
Hopefully Arbb never do these...Techno King name is no easy..by Deloitte