This article listed 3 comparable companies and I had a quick look at their financials compared to ARBB. In this chat ARBB has been blamed for its share price underperformance due to: ICPS, long overdue AR, operating cashflow not good, high intangibles assets, etc
We will see how much better these companies fare compared to ARBB since their share prices are higher than ARBB:
1, Intangible assets/goodwill as a % of total asset:- Arbb(23%), Censof (37%), Dnex (45%)
2, AR more than 12 mths (non current asset):- Arbb (95mill), MyEg(197mill)
Based on the above, in my view the things blamed on ARBB for its share underperformance is just red herrings as ARBB has some favourables compared to these companies.
Technical trading. Hmmm . Anyhow doesn't matter. Since there are Cosec system and WeMeet on recent, they are still big potential having a big shark or investment went into arb cloud sector.
The most attractive parts : Despite already seeing rapidly increasing levels of IoT adoption, COVID-19 has emphasised the importance of Industry 4.0 technologies like IoT for business continuity. With the world’s production and supply chains becoming increasingly interconnected and digitalised, those companies producing digital twins of their supply chains and sharing data, are the ones reaping the benefits.
There are, however, noticeable variations in the planned levels of IoT investments between different industry sectors. Oil and gas firms intend to invest the most in IoT over the next three years (an average of $3.2 million), followed by electrical utilities companies ($3.1 million), transport and logistics businesses (£3 million), mining operators ($2.7 million) and, finally, agricultural businesses ($2 million).
Seems like there is huge potential in the oil&gas, electrical utilities sector, maybe ARBB got the potential to dive in?
Is Ageson signed agreement announced today also help ARBB ? Hangzhow industrial digital specilists. Hangzhow is Jack Ma, Alibaba controlled digital territory
Possible future co-operation in any digital developments, ERP, IoT, Cloud etc and even bring in more advance digital technologies from China, Hangzhou, Alibaba Territory ??
Hello, been some time since I commented on ARBB :)
I do not know if they could work together with oversea cloud operators as the landscape is slightly different from the product offerings for ARBB, but a potential JV is definitely in their pipeline :)
Hi guys, just seeking some advice, if it does spike up, should we take profit or should we not sell & maintain our share bcs the company seems to have good future in IOT?
I am a very patient investor, holding for more than 2 years. Always dream it to be no longer a penny stocks, as seen the growth and progress of developments. However, the price i entered at 0.5 till i average down to about 0.29, it remains at 0.27 as of today. Sad case
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Posted by goodiewilly > 2021-10-14 14:23 | Report Abuse
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