Posted by Tigger > 2021-05-23 15:23 | Report Abuse

It is reflected under the Receivables under cashflow (3.6mil)
Without the breakdown of Other receivables & deposits I have to assume the Other receivables is reduced by 7.1 mill via collections.

The Receivables movement= 102.1+40.9-64.1-68.2-7.1=3.6(unfavourable)

Or alternatively looked via revenue & collections=49.5-38.8-7.1=3.6

You will never see the 38.8 mil in the financial statements as most numbers are netted off.

If the credit term of 12 months or more is the new business model, short term the cashflow will not be nice until things regularise after 12 mths. Then the regular pattern will set in. This is sort of initial investment period and very much dependent on the financial stability of the customers.

Posted by Ghg2222 > 2021-05-23 15:43 | Report Abuse

Cash increased 32.3M from 24.5M to 56.8M, of which 25M from conversion of ICPS and 7.3M from business operations.

Posted by half_water > 2021-05-23 16:14 | Report Abuse

TQ sifu-sifu

Posted by aasvogrl > 2021-05-23 19:30 | Report Abuse

alibiii I'm sorry! You are right. Accounts receivable increased from 132.37 million to 142.98 million, but cash increased from 26.5 million to 57.2 million

Posted by nuke > 2021-05-24 11:48 | Report Abuse

More and more shares are being listed through conversions, RI and ESOS. Another 920,000 shares were converted at 0.20sen on 18/5. Dilution of shareholders' holdings continues...

Posted by pirate99 > 2021-05-24 12:32 | Report Abuse

cut loss painfully today.

Posted by goodiewilly > 2021-05-24 12:40 | Report Abuse

bloody day.. chop off ...

Posted by Ifahjais > 2021-05-24 12:57 | Report Abuse

Got money then average down. That's why must never use up all your money to buy. If you think you can know where the high and the low and you will know when people are pushing up or pushing down... good luck to you.

Posted by pirate99 > 2021-05-24 13:32 | Report Abuse

I chopped first. Sighted even bursa up 14pts the price hardly breaks 0.30c. Who knows lucky can buy lower at 0.20c.

Posted by petronasgloves > 2021-05-24 13:43 | Report Abuse

So many confuse content nowadays. market sentiment is bad, ARBB is good, slowly collect first.

Posted by petronasgloves > 2021-05-24 13:44 | Report Abuse

later open market see how is it ~~

Posted by investkaki > 2021-05-24 13:58 | Report Abuse

ryoyagod, tks for sharing

Posted by Titan > 2021-05-24 14:44 | Report Abuse

I wonder why ryoyagod don't just share the link. I mean should give credit to the original writer. Else, ppl will think it your analysis.

https://klse.i3investor.com/blogs/chib2/2021-05-22-story-h1565184383-The_results_everyone_been_waiting_for_ARB_Berhad_7181.jsp

Posted by longtermvalue > 2021-05-24 17:26 | Report Abuse

let's continue to believe in ARB good fundamentals, if compared to other loss making companies, ARB is considered as good already, isn't it? I wonder why it is not getting its fair share of attention, any idea?

Posted by kakashi > 2021-05-24 19:48 | Report Abuse

I bought 0.395... Still holding. Its a bad hit

Posted by warchest > 2021-05-24 21:00 | Report Abuse

Is a value investing. Brainless buy at current price.

Posted by longtermvalue > 2021-05-24 21:33 | Report Abuse

kakashi, hang in there. there are a lot of good articles on ARB. can look to average down first

Posted by molahs > 2021-05-24 23:38 | Report Abuse

kakashi, you should buy some ARBB PA shares to average down if you have some cash left

Posted by Hitempo > 2021-05-25 10:22 | Report Abuse

i bought in at 0.39 too

Posted by gozilla88 > 2021-05-25 10:46 | Report Abuse

10sen below i only will buy arbb or break high 50sen i will chase high else is no buy

Posted by Ifahjais > 2021-05-25 11:29 | Report Abuse

Everytime my spare money come in... I buy. Don't care what is the price.

Posted by bosskufanboy > 2021-05-25 14:58 | Report Abuse

why not average down now? this is your chance

Posted by Ifahjais > 2021-05-25 16:42 | Report Abuse

"Spare money". Trade market use spare money... lose nevermind. Bad is you invest using money you need, money you cannot afford to lose.

Worse is you use money you borrow.

ARBB still making money and in fact make more than QR 1 2020... although making a lot less than QR 4 2020

If QR 2 still masking more money than QR 2 2020 then the trend is intact.

Posted by Ifahjais > 2021-05-25 16:43 | Report Abuse

The pandemic might screw up the accounts.

Posted by gozilla88 > 2021-05-25 16:56 | Report Abuse

use smart money to buy shares not investing buy on uptrend sell on downtrend, me never hold a share for more than 2 days. share is to win money, if money lose also controlable cut lose only

Posted by Ifahjais > 2021-05-25 18:01 | Report Abuse

Sounds very good on paper.

Posted by longtermvalue > 2021-05-25 18:44 | Report Abuse

Ifahjais, agree with u, this is a long game. we need to observe next QR to see the trend. past 2 years only their Q4 result is stronger.

Posted by OOMMGG > 2021-05-26 21:34 | Report Abuse

Receivable increases a lot and too fast. No much detail on non current receivables. Is it all from joint venture? Guesswork lol

Posted by bosskufanboy > 2021-05-27 16:07 | Report Abuse

ARBB obviously is getting better each quarter, let's see whats gonna happen next

Posted by Beginner123 > 2021-05-27 17:09 | Report Abuse

Probably share price will reflect by the company performance, fy20 is better than fy17 to fy19, but anyone know why the price now doesnt look any better..
Is something wrong somewhere? Hmm...

Posted by influenza19 > 2021-05-27 19:12 | Report Abuse

If most of the trade receivable turn into cash and the company give dividends, share price surely will fly.
This 2 will be the catalyst to show financial confidence/strength of this company.

Avoid impairment loss and continue to grow profit. No matter when, share price will follow. For now, i dont think this counter for traders.

In this instance, Priva, Censof and Smrt got more potential to fry higher. This is after Sedania fly already.

Posted by tradesafely > 2021-05-27 23:36 | Report Abuse

wow can't believe there are still people buying this

Posted by Fundamentaler > 2021-05-28 01:12 | Report Abuse

Tomorrow gap up

Posted by longtermvalue > 2021-05-28 15:13 | Report Abuse

Beginner123, it can be due to some factors. 1. ARB just converted into tech/software 2 yrs back. need time to prove its worth 2. they did nt declare who are their big clients to gv more confidence 3. currently no external big shareholders to attract investors 4. the name Aturmaju a bit beh sai la. need more attractive name to suit tech theme. 5. as a growth company, there's no dividend as attraction.

But their QRs so far hv bn consistently growing. just hope for better QRs coming. Can see frontken few years back also same situation, now everyone say its good

Posted by Fundamentaler > 2021-05-28 20:32 | Report Abuse

Lockdown.. monday gap down?

Posted by trading2019 > 2021-05-28 20:42 | Report Abuse

Gap down and then gap up again the next day. Flushing off the weak holders. Always like that.

Posted by pirate99 > 2021-05-28 21:16 | Report Abuse

Good luck boys..

Posted by Fundamentaler > 2021-05-28 23:08 | Report Abuse

Not to bad as 1st mco.. us market is good.. we follow their market direction.. maybe panic sell but immediately buy back

Posted by gozilla88 > 2021-05-30 08:32 | Report Abuse

arbb will drop to 10sen same with 1st MCO , my guru said. the pattern will repeat. i will key in 0.095, sure win big money.

Posted by OOMMGG > 2021-05-30 10:52 | Report Abuse

Receivable is big and increase in big quantum. Unless this has more clarity otherwise it’ll scare off most investor. Having net cash position will eventually reduced to non if receivables keep increasing in big amount.

Posted by OOMMGG > 2021-05-30 10:54 | Report Abuse

One of its low evaluation reason might be due to low visibility in its receivables.

Posted by OOMMGG > 2021-05-30 10:59 | Report Abuse

Why management didn’t do much clarification on huge receivables? Wild speculation will ensue if due clarification is not done in time.

Posted by longtermvalue > 2021-05-30 11:50 | Report Abuse

Maybe this time around investors are not so emotionally affected. plus ARB has good fundamentals. but who knows. if price is good just average ur stock

Posted by DreamHunter > 2021-05-30 11:53 | Report Abuse

ha ha ha

Posted by DreamHunter > 2021-05-30 11:53 | Report Abuse

yah kah

Posted by DreamHunter > 2021-05-30 11:54 | Report Abuse

sure boh

Posted by DreamHunter > 2021-05-30 11:54 | Report Abuse

how you know leh

Posted by kakashi > 2021-05-30 12:00 | Report Abuse

I'm holding 0.395

Posted by Fundamentaler > 2021-05-31 09:19 | Report Abuse

Rebound to 60sen oversold

Posted by Beginner123 > 2021-05-31 09:22 | Report Abuse

Operator when openung so cunning, removed all buyer queue 5000lot each to create panic sell?

But wondering, is this affected by FMCO?
The few qr revenue are increasing since last year 1st MCO in March..