Pegging a 5 times PER on the adjusted TTM EPS of the company of 18.58, which would translate to a share price of RM0.930~, representing a 87.08% margin of safety on the current price.
ARBB needs to expand and continue to focus on businesses in
+ Virtual AGM software + e-secretary + e-filing linking with SSM + expanding IOT in Hydroponics + ERP based on CRM tools. +migration of manuals filing to e-cloud filing is the trend now
Larry Liew announced on need to expand regionally ie SEA Countries. Borderless business.
Returns & Risks rewards are much in favour staying invested
always got good and bad market day, when it's so obvious to tell its a bad day, sometimes it's better to stay put and monitor with a clearer picture, rather than making unnecessary moves recklessly
This company is a complete joke, how the heck are they going to attract new investors when their website hasn't been updated for god knows when? Their website is the first thing new customers and investors will see and they just leave it to rot. Aren't disclosures a part of the listing requirements in Bursa? Take a look at page 2 using the link I have included.
Looking at the IR workbook by Bursa and how the company handles their IR, it is no surprise that the company's valuation is dogshit and now they are talking about NASDAQ? Oh please
can easily tell that the team is doing a good job on bring the company back on track and i believe good result is what we gonna see in not too distant future
Then what do you have to say for this? Deloitte -> BDO -> SBY Partners -> Cheng & Co
I think auditors will know that in general the audit workdone and the working papers(literally paper and not even excel) in the smaller less well known firms are lacking a lot compared to even the mid-tiers or firms like Deloitte, that's why I have doubts.
Long story short, small firms in general are far less stringent in their audit workdone and testing.
Arbb is in the wood business...Wood prices is going up which will benefit the company.& is also making money from the IT section.The price should not drop much as the RI was at 12 sen.
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....
bosskufanboy
1,441 posts
Posted by bosskufanboy > 2022-09-01 21:47 | Report Abuse
what to do, as a small investor better look out and take care of your ownself