Posted by Ifahjais > 2021-05-17 20:30 | Report Abuse

Q1 2020 was much better than Q1 2019

RM 33.3 (2020 Q1) vs 12.4 (2019 Q1)

Posted by Ifahjais > 2021-05-17 20:39 | Report Abuse

Liew talked about join venture with customers, so maybe the account receivables converted to shares/will convert to shares then hey pesto, account receivables problem settled.

Just that the account receivables will not be reflected in cash at hand. It will be reflected in assets.

If you see account receivables reduced and assets increased then you know what happened.

You might still see increased in cash at hand, but it will not be from accounts receivables but from conversion of ICPS (PA).

Posted by Ifahjais > 2021-05-17 20:45 | Report Abuse

Today heavy volume to push the price down could very well be because of the blogger.

https://klse.i3investor.com/m/blog/The1994Investor/2021-05-14-story-h1565061436-ARB_Berhad_Not_As_Good_As_It_Seems_Be_Cautious.jsp

Hard to tell what the real reasons are. Or insiders know Q1 will be bad.

Posted by goodiewilly > 2021-05-17 20:52 | Report Abuse

Thanks, Ifahjais sir

Posted by Ifahjais > 2021-05-17 20:56 | Report Abuse

Strange thing is the ICPS (PA) conversions are not done by Liew, otherwise he needs to announce changes in Director's and changes in Shareholder's interests.

The mystery people/persons will be exposed if they become substantial shareholders from the conversions.

Posted by goodiewilly > 2021-05-17 21:18 | Report Abuse

increased in cash at hand of about Rm30 MILLION from conversion of ICPS (PA)., not done by LIEW, then who? he must be accepted by LIEW with big plans ??

Posted by Ifahjais > 2021-05-18 06:39 | Report Abuse

Nobody needs permission from management to convert.

The people converting can also hide behind a bank for example. The name of the bank is registered as the shareholder, hiding the name of the real shareholder.

There are thousands of banks around the work.

Each bank register 1% of company share capital, a hundred banks will register 100% of company share capital. haha

Why anybody wants to do that, hide themselves, they must be trying to pull off something.

Unless of course it's really many small players convert, but that doesn't make sense.

Small players convert for what? This company is not paying dividends. There's no advantage in converting.

Just saying. I have no inside information.

Posted by Hitempo > 2021-05-18 10:23 | Report Abuse

thanks for constantly sharing your views Ifahjais. much appreciated. i just bought in extra at 0.365 last week

Posted by gozilla88 > 2021-05-18 10:54 | Report Abuse

morning session arbb green, after lunch will red.... it happens everyday.

Posted by Ifahjais > 2021-05-18 11:08 | Report Abuse

Not necessarily today later will turn red. .345 has proven to be a strong support.

Posted by gozilla88 > 2021-05-18 13:51 | Report Abuse

day trader buy arbb in the morning then cut loss after lunch, it happens to me like tat everyday trade this counter... really paria counter....ost money more than 10 times trade this counter.... trade JCY more better.... since arbb stock price will never stay at 40sen forever... it will drop when 40sen reach

Posted by bosskufanboy > 2021-05-18 15:13 | Report Abuse

why day trade this counter? this counter just long term hold enough will do

Posted by gozilla88 > 2021-05-18 15:31 | Report Abuse

10sen then long term hold, 35sen hold for wat earn 1sen also sell jor for this counter. u no sell the boss will sell to u. not worth to hold

Posted by goodiewilly > 2021-05-18 17:10 | Report Abuse

If conversion of PA were done by parties not related to Liew, how to move these counter??
If Liew moves it, that parties may throw.
If that parties move it, they afraid Liew to throw too.
If those converted PA with ill motives, this counter will stay at these price for long long time.
How to have good QR in this month announcement??

Posted by Ifahjais > 2021-05-18 18:24 | Report Abuse

Ill or pure motives? There's only profit motives.

Posted by influenza19 > 2021-05-18 20:49 | Report Abuse

Either Liew throw or somebody else throw just let it be..

What important is the fundamentals of the company .. meaning as long ARBB generating good profit, improving net cash, able to cash on trade receivable and avoid impairment loss, the share price someday will catch up with the fundamentals.

While i believe, until all the PA are converted into mother share .. ARBB will not be paying dividends.
Other counter such as CENSOF with smaller profit able to give dividends. Sometime dividends can attract investor and show company confident on it earning capability, this will push the share price.

Posted by MF0001 > 2021-05-18 20:57 | Report Abuse

DROP A BIT FIRST

GIB UNKER HOOT HOOT

SONG OREDI

UNKER SEE SEE

MAYB

GOT CHANCE GO UP

NOW SWIMMING DOWN

HU HU HU HU HU HU HU HU

:DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

Posted by Ifahjais > 2021-05-19 10:12 | Report Abuse

Swim down more so I can buy some more.

Best is swim down to 1¢ so I can buy so many I become CEO

Please sell to me.

Posted by gozilla88 > 2021-05-19 12:23 | Report Abuse

censof up , sofware compony, arbb might follow can buy d

Posted by gozilla88 > 2021-05-19 12:24 | Report Abuse

tp arbb no greedy 37sen enough to sell

Posted by influenza19 > 2021-05-19 18:55 | Report Abuse

Censof produce good QR today + give dividends, no wonder green today while a lot other red sea.
Covid cases break out at 6000++ better wait and see first. If annouce Full lockdown MCO, a lot of counter will fall some more.

Posted by Ifahjais > 2021-05-20 09:12 | Report Abuse

ARBB is starting from scratch and so needs a lot of capital. The current investors are like investing in early GRAB. As long as ARBB can attract capital from investors, it can fly.

Posted by gozilla88 > 2021-05-20 16:30 | Report Abuse

Arrrr... Not 35sen now 34 sen .... Cut loss d... Really no luck in this counter... Really Paria counter

Posted by Ifahjais > 2021-05-20 16:51 | Report Abuse

Tomorrow night QR. I guess tomorrow down some more.

Buyers waiting for QR. Sellers need RM, they must sell.

Posted by gozilla88 > 2021-05-20 16:59 | Report Abuse

Lucky cut lost Liao.... Tomolo arbb sure downtrend

Posted by hoot9eonly > 2021-05-20 18:08 | Report Abuse

Wow, a new prophet. I like people who predict market. So when jcy and censof limit up or downtrend ?

Posted by goodiewilly > 2021-05-21 09:39 | Report Abuse

holland is just next ..cheers..

Posted by Ifahjais > 2021-05-21 09:58 | Report Abuse

Covid-19. Again. Almost everything in BURSA down.
Not ARBB... COVID-19.
I definitely am going to buy some more.

Posted by gozilla88 > 2021-05-21 10:43 | Report Abuse

My prediction correct arbb downtrend this round will buy back in noon session see dingding wat to say first

Posted by Ifahjais > 2021-05-21 10:54 | Report Abuse

Bought some at day low. Come down some more... buy more. You don't have holding power... better don't trade stocks.

Posted by gozilla88 > 2021-05-21 10:56 | Report Abuse

Arbb not worth to hold , sure up down earn money, hold for long-term sure lost money

Posted by Ifahjais > 2021-05-21 12:17 | Report Abuse

According to their last 3 years results... ARBB is an excellent company to hold.

Not just their last 3 years results. Their "industry", the industry they are in

Posted by hoot9eonly > 2021-05-21 12:24 | Report Abuse

Hahahah... Predict more please. What stock limit up today ?

Posted by gozilla88 > 2021-05-21 12:58 | Report Abuse

if full lock down happen buy JCY better, hardisk sure selling like hot cake

Posted by Jjkcl > 2021-05-21 13:31 | Report Abuse

qr out, profit

Posted by goodiewilly > 2021-05-21 13:32 | Report Abuse

JCY Latest QR loss like hell..still possible to move up, as the boss cares for investors in terms of share price...
fatty liew, you have good QR, why price drop??

Posted by goodiewilly > 2021-05-21 13:47 | Report Abuse

good profit

Posted by Isaac320 > 2021-05-21 14:03 | Report Abuse

high trade receivable. will it convert to impairment loss?

Posted by Ifahjais > 2021-05-21 14:29 | Report Abuse

1 Revenue
49,488 vs
33,354
49,488
33,354
2 Profit/(loss) before tax
7,031
6,837
7,031
6,837
3 Profit/(loss) for the period
7,006
6,829
7,006
6,829
4 Profit/(loss) attributable to ordinary equity holders of the parent
6,826
6,838
6,826
6,838
5 Basic earnings/(loss) per share (Subunit)
1.16
2.33
1.16
2.33
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.3700
0.4000

Posted by Ifahjais > 2021-05-21 14:33 | Report Abuse

Revenue
RM 49.4
Vs
RM 33.3

Profit
RM 7.0
Vs
RM 6.8

Posted by Ifahjais > 2021-05-21 14:34 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3158638

Posted by stopbombing > 2021-05-21 14:35 | Report Abuse

Ooi very good. I am feeling happy to see those who kena trap long time and lose money today. Where is the die hard conman very nice job

Posted by Ifahjais > 2021-05-21 14:40 | Report Abuse

5 Basic earnings/(loss) per share (Subunit)
1.16
vs
2.33

Earnings per share plunge from all the conversions

Posted by stopbombing > 2021-05-21 14:41 | Report Abuse

Very long term hold from 40sen until today, drop more than 50%

Posted by stopbombing > 2021-05-21 14:41 | Report Abuse

Good job fat doctor

Posted by stopbombing > 2021-05-21 14:43 | Report Abuse

We hold good stock, not fat doctor kuchai farm stock. Hahaha. You all new kuchai and kuchai lama

Posted by Titan > 2021-05-21 14:45 | Report Abuse

If tk mr. Golden rule method, rod 1.16 X 4Q, pe is Oni 6.5 wor. Damm underrated.

Posted by sianging > 2021-05-21 14:50 | Report Abuse

much better than JCY and so low PE among all other tech related stocks...

Posted by Lifehuh > 2021-05-21 14:55 | Report Abuse

we can't expect every quarter result to be as good de ma...

Posted by Sumalia > 2021-05-21 14:57 | Report Abuse

Low PE is good … but below PE 6 you need to be worried… must understand no free lunch in the world ..