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Last Price

0.035

Today's Change

+0.005 (16.67%)

Day's Change

0.035 - 0.035

Trading Volume

100


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47 comment(s). Last comment by firehawk 2022-01-25 23:03

nklye

846 posts

Posted by nklye > 2019-01-23 23:44 | Report Abuse

Due in 5 years, perhaps it's worth to try on this counter. Quite a number of speculative articles about its mother shares...

Hohup

376 posts

Posted by Hohup > 2019-04-19 07:06 | Report Abuse

Congrats, by now u should get 337% return

chamlo

1,103 posts

Posted by chamlo > 2019-05-17 13:41 | Report Abuse

19.5 is cheap? Why not 2 sen?

mukhriz02023

1,285 posts

Posted by mukhriz02023 > 2019-08-26 16:45 | Report Abuse

cheap one

zul

633 posts

Posted by zul > 2019-08-29 15:13 | Report Abuse

arbb kat langit tak ada minyak... mh370

firehawk

4,358 posts

Posted by firehawk > 2020-01-21 23:34 | Report Abuse

Remarks :
The ICPS can be converted into new Shares at the conversion price of RM0.20 ("Conversion Price") in the following manner:

(a) by surrendering of such number of ICPS with an aggregate value equal to the Conversion Price to be converted for 1 new Share; or

(b) a combination of such number of ICPS and cash with an aggregate value equal to the Conversion Price, subject to a minimum of 1 ICPS, and paying the difference between the aggregate value of the ICPS surrendered and the Conversion Price in cash for 1 new Share.

sammofee

215 posts

Posted by sammofee > 2020-02-07 23:21 | Report Abuse

Any potential to go up next week this counter ??

camelwong

56 posts

Posted by camelwong > 2020-05-05 15:33 | Report Abuse

0.085+0.20=0.285, mother share 0.315,buy pa and convert to mother share.

camelwong

56 posts

Posted by camelwong > 2020-05-05 17:01 | Report Abuse

0.10 already! buy as soon as possible.

camelwong

56 posts

Posted by camelwong > 2020-05-05 17:02 | Report Abuse

i bought some at 0.085.

persie

1,410 posts

Posted by persie > 2020-05-05 17:54 | Report Abuse

Son is still lagging. Hopefully tomorrow the son can run faster compared to mother share...

Posted by Zillionaire > 2020-05-05 18:52 | Report Abuse

Sapu sapu sapu arbb pa shares!

camelwong

56 posts

Posted by camelwong > 2020-05-06 03:16 | Report Abuse

0.15 in sight.but keep, wait for more profit.

ktrader

1,702 posts

Posted by ktrader > 2020-05-09 05:56 | Report Abuse

@Persie...you mean arbbPA should be 0.48 isn't it?

persie

1,410 posts

Posted by persie > 2020-05-12 09:02 | Report Abuse

Ktrader.. Yes

kinliang

38 posts

Posted by kinliang > 2020-05-12 15:36 | Report Abuse

coming....

camelwong

56 posts

Posted by camelwong > 2020-05-12 15:45 | Report Abuse

0.145

camelwong

56 posts

Posted by camelwong > 2020-05-14 03:00 | Report Abuse

tomorrow up trend.

camelwong

56 posts

Posted by camelwong > 2020-05-14 03:01 | Report Abuse

up 2 sen to 0.15

Posted by Shamri810 > 2020-05-15 11:25 | Report Abuse

Ratio 20:1 betul ker

bowman

2,425 posts

Posted by bowman > 2020-05-18 16:03 | Report Abuse

you buy at market price plus 20sen to exercise

dmleo9

1 posts

Posted by dmleo9 > 2020-05-18 16:57 | Report Abuse

meaning I buy PA at 0.135 nw, add 0.20 to convert to mothershare, total cost 0.335 and I can sell at 0.39? *based on today pricing
how about the ratio 20:1?

camelwong

56 posts

Posted by camelwong > 2020-05-19 02:48 | Report Abuse

issue 20 pa for 1 ordinary share originally.but now 1 pa+20sen can be converted to 1 mother share.

mf

26,274 posts

Posted by mf > 2020-05-19 02:55 | Report Abuse

18-May-2020 Additional Listing Conversion of Preference Shares - 2,730,000 shares at 0.200.

Posted by 682pujut2b > 2020-05-21 14:54 | Report Abuse

1 2020 results just announced. Good results. This is the eighth continuous quarterly results with improving quarterly revenues and net profits over the last 2-years since it goes into technology IT businesses in ERP and IOT's.

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7...
21/05/2020 2:48 PM

Posted by 682pujut2b > 2020-05-21 15:30 | Report Abuse

In conversion to mother share, 1 PA is treated as 1 cent ( the issuing price) . So conversion is 1 PA + 19 cents.

Posted by eelniloc > 2020-05-27 15:56 | Report Abuse

Hi, can someone help me to understand how do these preference shares work? If I bought 1 ARBB-PA share at 0.11, am I able to convert it into 1 ordinary share by topping up another 0.20?

liang408

95 posts

Posted by liang408 > 2020-05-27 21:04 | Report Abuse

time to collect

Posted by ANTHONY PHANG > 2020-06-04 10:53 | Report Abuse

can this arbitrage be done at anytime?

Posted by ANTHONY PHANG > 2020-06-04 10:59 | Report Abuse

so it is very worth to do the exercise, rite? it got 9% discount. PA-RM0.125 Mother-RM0.360. (1PA(0.125+0.20 (exercise price))= 0.325 only. Am i correct?

camelwong

56 posts

Posted by camelwong > 2020-06-08 20:53 | Report Abuse

ntv7 mandarin news cancelled by who?why?backwards policy, mca should do something,since you are partner.

icst1975

138 posts

Posted by icst1975 > 2020-06-15 11:43 | Report Abuse

Eelniloc
In conversion to mother share, only need to top up with 19 cents.
1 PA is treated as 1 cent ( the issuing price) . So conversion to mother share at 0.20 is satisfied by tendering 1 PA plus 19 cents..

icst1975

138 posts

Posted by icst1975 > 2020-06-17 15:43 | Report Abuse

Current P/E ratio (T4Q) of ARBB base on current ordinary shares 362m is only about 3.27. This appears to be extremely low for a technology sector stock (ARBB is now classified under Technology IT sector)

Currently there are about 713m PA which are not yet converted to the ordinary shares.
At conversion of 1PA + 19 cents to 1 mother share, it would add another RM135m of cash capital to the Company. The no. of ordinary shares would increase from 362m currently to 1075m if all PA were to be converted. This would increase the PE from 3.3 to 9.8 ( 3.3 x 1075/362 ) which is still very low. If company profit grows, the prospective future PE would become lower. This implies that the current share price is probably under-value by the market.

icst1975

138 posts

Posted by icst1975 > 2020-06-17 16:46 | Report Abuse

A more reasonable PE of 15 to 20 can be expected. This means ARBB current share price have a potential to rise by a multiplying factor of 1.5 (15/10) to 2.0 (20/10).
17/06/202

Ifahjais

264 posts

Posted by Ifahjais > 2021-02-16 12:23 | Report Abuse

Maturity Date 15 Jan 2024
Can hold ARBB-PA warrants until 2024

Posted by halo1234 > 2021-02-19 12:23 | Report Abuse

may i ask wad does it mean by exercise ratio 20:1? does it mean we nid to use 20 of pa convert to 1 mother share? sori im newbie..

tai yee

690 posts

Posted by tai yee > 2021-02-22 16:39 | Report Abuse

I will load more PA. mother share is 0.43, PA should worth 0.23

3223

97 posts

Posted by 3223 > 2021-02-22 21:02 | Report Abuse

PA iniatial list is 1cts each at ratio 20:1 mean top up 19cts +1PA to ordinary share and need at least 7 procession days.

Posted by halo1234 > 2021-02-23 23:25 | Report Abuse

may i noe hw to convert my pa to mothershare if im using rakuten trading..? do u guys hav any idea abot tat? thx alot..

Manin40

542 posts

Posted by Manin40 > 2021-03-05 15:27 | Report Abuse

rakuten may be a little more process needed. You can email the customer service. But Rakuten basically use nominee bank account unless need to use your name.

Heiburg

3 posts

Posted by Heiburg > 2021-03-10 13:40 | Report Abuse

Is it necessary to convert to mother share now?

Bullcoming

664 posts

Posted by Bullcoming > 2021-11-09 20:23 | Report Abuse

What go up must go down, what go down will go up. Believe now is good timing for collecting.

Surge

377 posts

Posted by Surge > 2021-11-12 19:56 | Report Abuse

At this level look very attractive

Surge

377 posts

Posted by Surge > 2021-11-15 19:35 | Report Abuse

第三季盈利大突破,母股和Pa明天盼望有惊喜

firehawk

4,358 posts

Posted by firehawk > 2022-01-25 23:03 | Report Abuse

ADJUSTMENT TO THE CONVERSION PRICE OF OUTSTANDING IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN ARB BERHAD ("ARB" OR THE "COMPANY") ("ICPS") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,075,350,500 NEW ORDINARY SHARES IN THE COMPANY ("ARB SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 JANUARY 2022 (ENTITLEMENT DATE) ("RIGHTS ISSUE") ("ADJUSTMENT")

Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) 0.2000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) 0.1400

Remarks :
Pursuant to the Adjustment, the conversion price of the ICPS will be revised from RM0.20 to RM0.14.

The Adjustment shall take effect on 20 January 2022, being the next market day immediately after the Entitlement Date.

The notice to the holders of ICPS in relation to the Adjustment will be despatched in due course.

This announcement is dated 20 January 2022.

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