Posted by line > 2022-06-14 19:54 | Report Abuse

The boss’s time is going to b bad

Posted by EastWestTalker > 2022-06-14 23:43 | Report Abuse

Not public , just line and only line

Nagging worst than my passed away grand mother but no context just talking crap

Posted by EastWestTalker > 2022-06-14 23:46 | Report Abuse

Don’t everyday drag the “public” down to your level line,

People KNOWS what they are buying, but you don’t :)

Posted by line > 2022-06-15 09:25 | Report Abuse

Eastwestwalker do u think the Public is happy after their Investments lost 80%.

Posted by nicholas99 > 2022-06-15 09:28 | Report Abuse

eastwesttalker can donate money to me if you love to throw money away.

Posted by line > 2022-06-15 09:32 | Report Abuse

The Public is angry bro. Some might have lost their life time savings bro. Those who cant fulfill their commitment might as well just go to jail. What is better way to go jail. U kick the guy who lost your money n start talking nonsense. You create precedence. No more CEOs cheating and acting like big fish. Isnt it good?

Posted by neonstrife > 2022-06-15 09:33 | Report Abuse

On current market , but everything also like throw money but sooner or later , we will see the outcome

Posted by line > 2022-06-15 09:34 | Report Abuse

If the Public start beating up and going to jail. Do u think the CEOs dare to do like serba dinamik did? I can tell u … the Public would gain… the economy would gain….

Posted by line > 2022-06-15 09:35 | Report Abuse

Neonstrife arbb no change. Stop implying Its down because of Market sentiment. Arbb was 11-12 cents after RI and now still the sAme. No change! That means it is not affected!

Posted by line > 2022-06-15 09:37 | Report Abuse

If I was the Boss I would be scared…. I took money and Talk nonsense….. getting pants pulled and beaten.:: dont play bro.:: even the family would disown him.::: But Why Talk nonsense …

Posted by line > 2022-06-15 09:40 | Report Abuse

Some of might think Why I feel strip and canning is the best way to educate the CEOs. Its not me… Public canning just works…. Plus the guy who canes can go happily to jail…. And do some external courses for 3 years. After three years graduate as lawyer !!!

Posted by line > 2022-06-15 09:45 | Report Abuse

At least lost money in the end get peaceful 3 years and become a lawyer.

Posted by line > 2022-06-15 09:46 | Report Abuse

Rather than allowing this kucing kuraps to Take money and talk nonsense right?

Posted by EastWestTalker > 2022-06-15 14:20 | Report Abuse

Line is confusing himself, no one can understand him

Oh wait no, THE PUBLIC cannot understand him

Posted by EastWestTalker > 2022-06-15 14:21 | Report Abuse

Can u see no one ever reply on your “insightful” joke? Because people don’t know how to react to ignorant statement :) go back to your cave, dig up and bury your money there, money safe

Posted by kahfui1221 > 2022-06-15 14:50 | Report Abuse

Profitability

The golden rule of investing in value stock is the profitability of the company.

Although that might not be the case from some market leader, but commonly, a company needs to be profitable before it could reward shareholders.

So, is ARBB profitable? Let’s take a look at their 5 years revenue and net profit trend.

Revenue

FYE2016 – RM35.0 million

FYE2017 – RM11.4 million

FYE2018 – RM15.3 million

FYE2019 – RM102.6 million

FYE2020 – RM219.5 million

1QFY2021 – RM49.5 million

For those who are new to ARBB, the increase in revenue is mainly caused by a shift in core business model.

ARBB had evolved from a traditional lumber upstream player to an enterprise solution provider as well as IoT player. But again, revenue doesn’t prove anything. What about their bottom line?

Net Profit After Tax

FYE2016 – (RM15.6 million)

FYE2017 – (RM3.6 million)

FYE2018 – RM4.2 million

FYE2019 – RM32.8 million

FYE2020 – RM42.9 million

1QFY2021 – RM6.8 million

It seems like the turnaround of core business from timber to a technology company had really paid off.

But unfortunately, the company suffered a minor setback in their 1Q results due to lagged overview of the market.

The next quarter is likely to be stumped by the Movement Control Order too.

However, based on their performance since FYE2018, I believe there is a good chance for them to back on track for growth.

Posted by kahfui1221 > 2022-06-15 14:51 | Report Abuse

Dilution

Dilution has always been a hot topic for discussion for ARBB due to their complex derivatives structure of ICPS.

Let’s take a look at the number of shares from FYE2016 to date.

FYE2016 – 61.1 million shares

FYE2017 – 61.1 million shares

FYE2018 – 67.2 million shares

FYE2019 – 289.8 million shares

FYE2020 – 454.9 million shares

1QFY2021 – 588.4 million shares

Before we proceed, I would need to explain the structure of their ICPS.

In order to fund their conversion of business, ARBB issued up to 15 times of their initial share base of 61.1 million in order to raise funds.

Due to the unique characteristic of ICPS, ARBB per share value was not immediately diluted – but instead, only dilutes whenever there are conversions from ICPS to the common share.

In short, ARBB did 2 rounds of funding – one via issuance of ICPS and upon conversion, ARBB would receive funds from shareholder on the basis of 20 cents per conversion.

However, there is a maximum dilutive effect of these ICPS. For starter, there are approximately 419.8 million ICPS left in the market.

If these ICPS were converted, the maximum number of shares for ARBB would be 1008.2 million shares.

Based on 1QFY2021 results and if we average it by 4 quarters and discount it by 20%, a very conservative net profit figure would be RM21.8 million, or 0.0216 in EPS.

By using the closing price on LDP 25.5 cents, this would translate to an approximate PE ratio of 11.81 times.

Posted by bosskufanboy > 2022-06-15 17:56 | Report Abuse

line still in dream world, market still red, happy wednesday everyone

Posted by line > 2022-06-16 09:05 | Report Abuse

Kah Thui (im not sure Why u are using a name similar to How one is spitting). Anyway lets straighten things up. Golden rule of investing is the understanding of the Business. Thats what warren buffet says. As for arbb we dont know what products they are selling. The second thing is, Why do u need RI when the Business is profitable. Third Why do u need to announce about NASDAQ etc when u have never fulfilled even one requirement. Besides, What happened to MoUs with local universities?

Posted by line > 2022-06-16 09:07 | Report Abuse

Last ly Why significant sell off when profits was announced? Why large chunk holders felt this is the time to sell? Dont bro… Public will check the history…

Posted by line > 2022-06-16 09:10 | Report Abuse

Have u ever wondered what would happen to the Boss If he gets stripped naked and beaten up? All other CEOs will behave properly after that…. Why? Because being stripped and beaten might cause even the families to disown fishy sounding CEOs. Then no more funny moves and announcements! As for the guys who beaten the CEO. They get praise, get to go to jail and study. Create precedence that dont play with Public money. They are not ikan bilis.

Posted by neonstrife > 2022-06-16 10:45 | Report Abuse

https://www.cmswire.com/digital-experience/the-state-of-iot-in-2022/

Posted by neonstrife > 2022-06-16 10:45 | Report Abuse

The Internet of Things has seen slow progress in previous years — but is that trend set to continue? See what experts have to say on the state of IoT in 2022.
High costs, maintenance issues and COVID-related shipping delays have caused some disappointing interruptions in the anticipated boon of the IoT universe.

As a tech entrepreneur for over 30 years, Steve Jennis witnessed the whole evolution of the Internet of Things (IoT), and for it to be successful on a massive scale, he said every computer on the system must have the same level ofunderstanding.

“Analysts thought trillions of devices would be connected by 2015 and startups would become the new Microsoft,” Jennis said. “My personal disappointment is that it never reached the heights of ability expected because it never reachedmass adoption.”

Why?

He said it’s the cost of scalability. For every machine, it costs a lot of time, money and maintenance to make sure it’s properly synchronized and communicating with every other machine on the network on their own, because in true IoT,human interaction is not a component.

Posted by line > 2022-06-16 11:45 | Report Abuse

Neonstrife the Public can see the pattern. When truth is asked there will be spams from your side.

Posted by line > 2022-06-16 11:45 | Report Abuse

Dont bro…. The Public can see bro… it is irrelevant spams … the Public is smart bro

Posted by line > 2022-06-16 11:46 | Report Abuse

And please change kah thui’s name …

Posted by gkent2000 > 2022-06-16 11:48 | Report Abuse

The longer that I stay at this counter, I feel the funniest. Line and Neon this two brother is most time is just being random, random iot and random public. lolololol ..... At least Iot still related but this is public ? .... haha

Posted by EastWestTalker > 2022-06-16 13:17 | Report Abuse

Name shaming line, seems like this Line drop way too low now, true colour show up

Posted by EastWestTalker > 2022-06-16 13:20 | Report Abuse

Shameless public here public there, playing children imaginary game , not suitable to give opinion in stock market for all his childish , irrelevancy and ignorance

Sad line name shaming people’s name by their parents, no respect at all, this kind people you dare to listen a single cent opinion of his?

PUBLIC is smart BROO

Posted by bosskufanboy > 2022-06-16 17:07 | Report Abuse

EastWestTalker free entertaiment here ma, lots of clowns here

Posted by BursaVulture > 2022-06-16 19:11 | Report Abuse

when enter nasdaq? if can enter nasdaq, then when enter KLCI30?

Posted by Let's Gooooo > 2022-06-16 19:16 | Report Abuse

Public is indeed smart, that's why no matter low PE is in ARBB's account, they still wont buy it.

Posted by line > 2022-06-16 21:54 | Report Abuse

More and more ppl from Public are coming … congrats letsgooo… u r a good image of the Public whom the naugthy ceos should b afraid of

Posted by BursaVulture > 2022-06-17 09:34 | Report Abuse

When limit up? When enter nasdaq?

Posted by BursaVulture > 2022-06-17 09:37 | Report Abuse

neonstrife stuck at penthouse

You kept sharing what is IOT, what is 5G, what is this and that.
This is like Proton supporter sharing what is a car, what is a tyre, what is a wheel.

Tell me what ARBB does? How their software is better? How their software helps business to grow? How is their software unique? Dont tell me what is a software, I know what is a software. Explain to me what makes ARBB's software standout.... that is if they have an actual software to being with.

Posted by BursaVulture > 2022-06-17 09:49 | Report Abuse

say want to list in nasdaq just to con people only. AirAsia has a better chance, at least they have real app we get to use, i dont own airasia but given a choice between arbb and aa, i choose aa.

am still waiting for arbb's software demo and screenshot.

Posted by stockpick2me > 2022-06-17 12:42 | Report Abuse

2 gang of joker... Not in the right channel...

Posted by Let's Gooooo > 2022-06-17 14:09 | Report Abuse

lmao the only thing you know about ARBB is it is an IOT company rather than the details about its operation

Posted by Let's Gooooo > 2022-06-17 14:09 | Report Abuse

so maybe don't talk cock as well?

Posted by Let's Gooooo > 2022-06-17 14:10 | Report Abuse

The company cant even show transparency for its operation and yet here you are displaying professional understanding for the company

Posted by Let's Gooooo > 2022-06-17 14:11 | Report Abuse

This is definitely a WOW moment

Posted by cicakman > 2022-06-17 15:53 | Report Abuse

How much real fair value can buy?

Posted by bosskufanboy > 2022-06-17 16:29 | Report Abuse

FIghting without line??? gogogogo

Posted by line > 2022-06-17 16:38 | Report Abuse

U all must understand arbb got no description of what it is doing. We just want to know Why Its product better than others. Thats all.

Posted by line > 2022-06-17 16:40 | Report Abuse

Neonstrife, eastwestwalker started Abusing by spamming when we just want to know. Is it fair?

Posted by line > 2022-06-17 16:43 | Report Abuse

What kind keyboard warrior are they? The Public is watching bro. The Public is not ikan bilis. They can just carry, strip the Boss naked, n beat him in the butt. What can the Boss do? How the wife n other family members would feel? Hubby got beaten Why? Took money, never describe about product properly but talking about NASDAQ. Public felt fishy, started attacking him.

Posted by line > 2022-06-17 16:51 | Report Abuse

How the children would feel. Your Father got beaten is it? Why? Dont know… shares drop But he took money. N Talk about NASDAQ! Father did mou? But never Talk

Posted by line > 2022-06-17 16:53 | Report Abuse

The Teachers will just advice other students. When our friends parent face prob, we should b sympathetic. But Teacher his Father took money But give hope!!!

Posted by line > 2022-06-17 16:54 | Report Abuse

Then whole class laugh…. There goes the son of …. Thats Why must do work properly.

Posted by DannyArcher > 2022-06-17 17:39 | Report Abuse

No actual product to show the world… i got a moon rock to sell, wanna buy?