Some type of profit ARBB report. Never see money one. Apple to apple liao gua.
======================================= PatienceCounts Whistleblower99, thks for your hilites. The counters u quoted with poor performance post new shares issuance schemes r different from ARBB in several respects as below : 1. loss making quarter in quarter out. Dare not report a single strong and positive qtr. 2. mostly with consolidation and high new share/exxisting share ratio. 3. mostly Fintech's stable of stocks which r subjected to heavy manipulations.
But sadly, arbb doesnt qualify as a IoT Company. They might be systems integrator the most.
Therefore, Regardless of the subscription rate, the points brought up is still the same, that is,
1) the cost proposed by the company to develop an Iot system for a Green house, is exorbitant. Im not sure who would subscribe for their service then. High cost n MoUs demonstrates that this company doesnt have in house expertise.
2) The value of the Company, with 90% probability, based on the Stock prices of other companies, that used RI as a method to raise more funds, migh drop after RI.
3) therefore, Very unlikely for anyone with a rational mind to subscribe to the RI.
I am afraid that I have to disagree with you Line that anyone with a rational mind will not subscribe to RI. I just did by selling the mother shares earlier at RM0.13 and subscribe RI at RM0.12.
I imagine a green house can be big or small, usual or advanced, so without details, how to say it's ex or not. Generally speaking, technology into farming is the way of the future!
Kkl123, this has got nothing to do with countries. Arbb is just a small counter which hasnt got much attention. Even the substantial shareholders sold it even before RI, erasing 30% of the value.
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Right-size; are you a trophy client who can affect product development? Are you looking for a solution provider or software vendor? Different partners for different stages of the project Pricing; subscription, consumption, or in-perpetuity? What happens to your existing licence assets? Conclusion Sourcing and deploying the right ERP solution, or combination of solutions, is critical to taking business process management to the next level. Getting the decision wrong or failing to deploy can have an enormous impact on the business as well as the people. Working with an expert partner that has extensive experience managing ERP implementations can greatly reduce risk and enhance the end-result.
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Peace99, please check the historical data. Your question came at the right time. Lets get the Public to do their homework. They can view the volume of sell off before RI announcement. They can also view the data after stellar profit announcement. And the immediate volume of sell off
Hoot9eonly lets contribute something more useful for the betterment of others. We should encourage the Public to check the historical data. The Public can view the volume of sell off before RI announcement. They can also view the data after stellar profit announcement. And the immediate volume of sell off
Kkl123, wrong. Based on your logic, with 90% probability arbb is a bad counter now. Why? Because 90% counters fall after RI. With the type of counter like arbb, where the moves are a bit suspicious, eg mou with local universities while claiming IoT experts, 230k per Green house which is exorbitant,
Neonstrife, arbb is doing Iot Business. They have to be good enough to understand the difference between getting consultants from a university and signing an mou.
honest speaking if you need to make the right judgement, at least you need to have full understanding before judge. Remember all the previous joke you make with IoT with those random indian youtube you pointed saying : That is IoT. In facts, write something make sense instead of keep making u - turn and comment similar thing.
Also in stock market, There are no right or wrong. As long your portfolio making money. Everything is correct. If you really stuck in those judgement. Good luck to you. You are making a cycle for your life.
Ryoyagod there Is nothing wrong If I ask the public to check the price historical data. At least they can see, that arbb started dropping even before the RI announcement. Some might even study the volume when the Stock started dropping n How neonstrife, bosskufanboy and maybe yourself were actively promoting the RI n Stock.
Ryoyagod im not judging anything. Im just asking the Public to view the price historical data, the activity of this forum, and the volume during selloff.
At least we manage to recoup some losses unlike your advice not to subscribe to RI! Also you mentioned the substantial shareholders sold out a lot, do you have the proof?
Molah please check the historical data. From the volume u can see the amount of shares sold. Plus u should have waited till the Stock reaches 8 cents before buying.
Neonstrife when u take profit, the stock doesn’t drop more than 70%. This is despite announcing stellar profit for the past 2 years. I think everyone agrees with me. Truth is truth.
wahhh.... strong... 70% some more....wah, how you count ah ? 2 year past.... wahhh.... good good good.... come in half way saying this ? haahahahaah....
Neonstrife ... from 40 cents drop to 12 cents. What percentage? 70% right. I know u are happy now got 3 cents - 15 cents now right. I give 4 cents. 16 cents would be 24/40 x 100 = 60%
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
RJ87
5,141 posts
Posted by RJ87 > 2022-02-07 17:58 | Report Abuse
U compare with Fintec. 150M and 720M profit.
Some type of profit ARBB report. Never see money one. Apple to apple liao gua.
=======================================
PatienceCounts Whistleblower99,
thks for your hilites.
The counters u quoted with poor performance post new shares issuance schemes r different from ARBB in several respects as below :
1. loss making quarter in quarter out. Dare not report a single strong and positive qtr.
2. mostly with consolidation and high new share/exxisting share ratio.
3. mostly Fintech's stable of stocks which r subjected to heavy manipulations.
As such, u r like comparing apples with oranges.