ARB BERHAD

KLSE (MYR): ARBB (7181)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.04

Trading Volume

867,700


62 people like this.

25,520 comment(s). Last comment by whistlebower99 3 weeks ago

Tripaka

2,939 posts

Posted by Tripaka > 2021-11-05 15:50 | Report Abuse

Sand business? Habis. Yat poon San sar.

Tripaka

2,939 posts

Posted by Tripaka > 2021-11-05 15:51 | Report Abuse

Ri 12sen means price come down to...

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 15:52 | Report Abuse

0.185 non depletable. Keeps being topped up. Someone is collecting.

Posted by Newuser888 > 2021-11-05 15:53 | Report Abuse

calculate lo.. ri only 12 sen, sure fully subscribed, if averaged your current price + ri price is super low, bargain now

Posted by Newuser888 > 2021-11-05 15:53 | Report Abuse

185 slowly eat back up

bosskufanboy

1,441 posts

Posted by bosskufanboy > 2021-11-05 15:53 | Report Abuse

Some new account appearing now... Situation is very familiar

Posted by Wong Kah Wei > 2021-11-05 16:03 | Report Abuse

Newuser888 arbb will make transformer tomorrow.pls promote.hahaha

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 16:11 | Report Abuse

Truly non depletable 0.185

Posted by Ong Kean Hoong > 2021-11-05 16:19 | Report Abuse

Seriously guys, people loss confident on this company, the account and receivables are red flag and fatty liew don't even give a good explanation.

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 16:19 | Report Abuse

Better buy its PA.

bosskufanboy

1,441 posts

Posted by bosskufanboy > 2021-11-05 16:23 | Report Abuse

share price reflect the market sentiment, so far there's ppl collecting right now...

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 16:23 | Report Abuse

RI December 2018, now Nov 2021, not even 3 years, I have never seen RI in so short of a time span, I don't think SC allows it.

Sumalia

349 posts

Posted by Sumalia > 2021-11-05 16:26 | Report Abuse

Lol bossku where is your < undervalue > keyword ><

CharlesT

14,637 posts

Posted by CharlesT > 2021-11-05 16:34 | Report Abuse

Fatty Liew got a lot of promoters in I3

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 16:35 | Report Abuse

Looks like price will be jacked up soon.

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 16:37 | Report Abuse

Probably last min pulled up to opening price, huat arrr.

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 16:38 | Report Abuse

Whatever plan it has, shelf it, instant 100% gain.

Posted by cescloh1995 > 2021-11-05 16:39 | Report Abuse

hope so aspenvit.. hold it at 0.285...is it I need to continue hold or cut loss?

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 16:40 | Report Abuse

pump pump pump

Posted by jomvalueinvest2 > 2021-11-05 16:40 | Report Abuse

someone got the "news" !!

Posted by Newuser888 > 2021-11-05 16:43 | Report Abuse

agree.. just shelf and wait for the doubling profit

Posted by Newuser888 > 2021-11-05 16:43 | Report Abuse

dunno why so panic

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 16:43 | Report Abuse

Few more mins left, jack jack jack.

Posted by Newuser888 > 2021-11-05 16:57 | Report Abuse

goooo .. closing above 185 = strong new support formed

Surge

377 posts

Posted by Surge > 2021-11-05 17:01 | Report Abuse

Next week may bound back to 25cts

bosskufanboy

1,441 posts

Posted by bosskufanboy > 2021-11-05 17:01 | Report Abuse

closing 20, last minute buyer sweeping up

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 17:04 | Report Abuse

Hopefully no bad news coming out today, then next monday surely rebound high.

Posted by Ong Kean Hoong > 2021-11-05 17:20 | Report Abuse

Hmm, i know you guys work for fatty liew, some only comments on ageson and arbb. If you can make share price goes up, we don't mind. But apparently not.

bosskufanboy

1,441 posts

Posted by bosskufanboy > 2021-11-05 17:32 | Report Abuse

remember there's always up & down in the market, good chance for rebound on monday

Posted by whistlebower99 > 2021-11-05 17:40 | Report Abuse

Extracted from The Edge Market.

ARB drops almost 30% on proposed rights issue of new shares
November 5, 2021 by Izzul Ikram

KUALA LUMPUR (Nov 5):ARB Bhd’s share price fell by almost 30% on Friday (Nov 5) after the IT software and platform provider announced on Wednesday its proposed rights issue to raise money to finance the company’s business expansion.

===================
So many companies directors looking for fast and easy ways to raise fund to prop up company fund by asking shareholders to dig their pockets to contribute.

Many Shareholders getting smarter not to pump in more money as seen in many other stocks resulting in under subscription of rights issue shares.

Examples are Kanger, Lambo, Pasukgb, Pdz, etc.

TAYOR

Posted by Newuser888 > 2021-11-05 17:42 | Report Abuse

yes yes.. whenever you go always spread negativity.. i seen you before

bosskufanboy

1,441 posts

Posted by bosskufanboy > 2021-11-05 17:44 | Report Abuse

Here we go again

Posted by Newuser888 > 2021-11-05 17:54 | Report Abuse

funny.. when they come in suddenly price supported at 185.. hahahah

Posted by cescloh1995 > 2021-11-05 17:56 | Report Abuse

yes..immediately bounce back to 0.20 hahaha

Posted by Ong Kean Hoong > 2021-11-05 18:08 | Report Abuse

Trust your instinct, share price won't drop like avalanche if the company is good

Posted by Newuser888 > 2021-11-05 18:12 | Report Abuse

closing 20 cents.. nice rebound

Posted by Newuser888 > 2021-11-05 18:12 | Report Abuse

suddenly those hater missing

Posted by Ong Kean Hoong > 2021-11-05 18:20 | Report Abuse

So you think chase away potential new shareholders is a good thing?

blackchicken

1,220 posts

Posted by blackchicken > 2021-11-05 18:39 | Report Abuse

It is not a loss - making company. You can wait for the compay to grow from half a year to a year.

Legend

4,119 posts

Posted by Legend > 2021-11-05 18:52 | Report Abuse

Today only ARBB down 26%...

blackchicken

1,220 posts

Posted by blackchicken > 2021-11-05 19:12 | Report Abuse

They claimed they were an IoT company, but they were not. They just sold ERP solutions and cloud cosec. I think they wanted to be a real IoT company. To become an IoT company, they needed fund raising.

Posted by Ong Kean Hoong > 2021-11-05 19:12 | Report Abuse

I knew @blackchicken, just that the receivables and resignation of auditor are a big red flag where i am afraid it blew apart in coming quarters. The company cash rich but still wanna raise $$, you knew there's a hole somewhere. Or the amount of cash they have aren't real.

Posted by Backupfail > 2021-11-05 19:21 | Report Abuse

All trap,I’m trap also….decide to throw on Monday whatever price, continue holding is bad idea,
Cash rich company but wanna raise fund from share? Kidding man

blackchicken

1,220 posts

Posted by blackchicken > 2021-11-05 19:34 | Report Abuse

KUALA LUMPUR: Kobay Technology Bhd is undertaking a private placement of up to 10 per cent of its issued shares to raise up to RM153.14 million, at an illustrative issue price of RM5.00 per share.

In an exchange filing today, Kobay said the gross proceeds are expected to be utilised to set up new aluminium products manufacturing plant (RM60 million), partial repayment of bank borrowings (RM50 million) and working capital for the group's manufacturing division (of up to RM42.7 million).

aspenvit

291 posts

Posted by aspenvit > 2021-11-05 19:54 | Report Abuse

2 rights issue within 3 years? Hope that SC will not approve it. Investors will lose confidence in SC and Bursa forever. This will be rights issue within a record short time. Totally unwarranted to cheat investors' money.

Sumalia

349 posts

Posted by Sumalia > 2021-11-05 20:08 | Report Abuse

Lol … Malaysia market small what to do … find a cheaper coin invest more better la .. >,<

Posted by Ong Kean Hoong > 2021-11-05 20:14 | Report Abuse

First iCPS not fully paid up, 2nd ICPS any chance? Very desperate indeed

Posted by AImaster > 2021-11-05 20:22 | Report Abuse

Cut lose?

Posted by AImaster > 2021-11-05 20:23 | Report Abuse

All in?

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