By all this time, many people attack arb out of no where, but share price is unlike others goreng share. Which we can see and proven that share price of ARB is actually solid. Just need a better timing.
ARRB share price is below NTA and the CAPITALIZATION of the stock is the same as the profit reported for the whole year if it is that GOOD the major shareholders will sapu ALL below 20sen and let investor buy above 20sen.It is more like EXPIRING date goods selling at a BIG DISCOUNTED price but sure some will buy like me at 10.5 sen and sell it ALL at 12 sen last week.Will wait for ANOTHER EXPIRY DATE to come by.
At 10.5 sen share price which i bought ,the CAP of ARRB is about RM80 million as the same amount for the profit reported for the whole year.At 12.5sen the amount is nearer to the price the DIRECTORS took up the excess RIGHT issue.
nvestor’s preference on value stock over high growth stock couldn’t be more obvious, especially in the month of May, blue chips or companies with relative strong earnings are overwhelming preferred as compared to cyclical, or growth stock.
A downturn in commodities is expected to come as the pent-up demand has its limit, the supply glut is no more than an illusion of difficulty of shipping and fear-based hoarding.
NASDAQ is World’s No.1 Financial Hub for Technology stocks. It listing requires parent ARBB to offer 9% to 25% of ARBB IOT (AIGL) to general investing (USA) public.
Indicative price is RM17.78 per share (At time of writing, ARBB is at RM0.13 per share)
NASDAQ listed companies including Microsoft, NVIDIA, META, CERENCE, ROKU are the largest in the world with combined market cap of over US$19 Trillion
While costly to list AIGL in NASDAQ , certainly the benefits of gaining international recognition for its technology will be tailwind for the stocks.
Disclosure: I am long on ARBB and ARBB PA. And may increase shareholdings in the next 72 hours.
I recall when I saw TopGlove listed, the market cap was RM200million compared to now RM6,780 million due to its explosive growth in demand.
With current trend on Working from Home (WFH), online shopping, B2B, B2C trends, Gadgets installed with software IOT, these are strong upward trend for ARBB.
Smart to list AIGL (IOT division) in NASDAQ as this increases international clients and investors confidence on company’s visibility.
At time of writing, ARBB up 12.5% to 13.5sen and ARBB PA up 14% to 4sen.
Just started uptrend.
Disclosure: I am long on ARBB and ARBB PA. And may increase shareholdings in the next 72 hours.
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....
EastWestTalker
327 posts
Posted by EastWestTalker > 2022-08-02 15:58 | Report Abuse
Can’t wait to see them working and syncing with each other