ARB BERHAD - IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES 2019/2024
KLSE (MYR): ARBB-PA (7181PA)
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Last Price
0.035
Today's Change
0.00 (0.00%)
Day's Change
0.035 - 0.04
Trading Volume
257,500
Overview
Market Cap
16 Million
NOSH
0 Million
Avg Volume (4 weeks)
697,065
4 Weeks Range
0.02 - 0.045
4 Weeks Price Volatility (%)
60.00%
52 Weeks Range
0.02 - 0.11
52 Weeks Price Volatility (%)
16.67%
Previous Close
0.035
Open
0.035
Bid
0.035 x 47,500
Ask
0.04 x 2,461,300
Day's Range
0.035 - 0.04
Trading Volume
257,500
Financial Highlight
Latest Quarter | Ann. Date
|
Next QR | Est. Ann. Date
|
T4Q P/E | EY
|
T4Q DY | Payout %
|
T4Q NAPS | P/NAPS
|
T4Q NP Margin | ROE
|
Market Buzz
2022-08-16
2022-08-15
2022-08-15
Company Profile
Sector: TECHNOLOGY
Sector: TECHNOLOGY
Subsector: SOFTWARE
Subsector: SOFTWARE
Description:
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,008,150,000 IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("ICPS") ON THE BASIS OF 15 ICPS FOR EVERY 1 EXISTING ORDINARY SHARE IN ATURMAJU RESOURCES BERHAD ("ARB SHARE" OR "SHARE") HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON WEDNESDAY, 19 DECEMBER 2018 AT AN ISSUE PRICE OF RM0.01 PER ICPS
Discussions
Be the first to like this. Showing 47 of 47 comments
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.
2020-01-21 23:34
Son is still lagging. Hopefully tomorrow the son can run faster compared to mother share...
2020-05-05 17:54
Go and study mother share. A very good fundamental stock since it is clarified as technology stock from industrial product. Look at frontken, dsonic.. Although arbb can't be as good as them, but arbb follow them closely. Put your target for arbb. TP 0.72 (still cheap) and arbb should be 0.48.. So how many % in profit if you buy low...
2020-05-07 17:31
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?
2020-05-18 16:57
issue 20 pa for 1 ordinary share originally.but now 1 pa+20sen can be converted to 1 mother share.
2020-05-19 02:48
18-May-2020 Additional Listing Conversion of Preference Shares - 2,730,000 shares at 0.200.
2020-05-19 02:55
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
2020-05-21 14:54
In conversion to mother share, 1 PA is treated as 1 cent ( the issuing price) . So conversion is 1 PA + 19 cents.
2020-05-21 15:30
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?
2020-05-27 15:56
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?
2020-06-04 10:59
ntv7 mandarin news cancelled by who?why?backwards policy, mca should do something,since you are partner.
2020-06-08 20:53
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..
2020-06-15 11:43
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.
2020-06-17 15:43
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
2020-06-17 16:46
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..
2021-02-19 12:23
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.
2021-02-22 21:02
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..
2021-02-23 23:25
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.
2021-03-05 15:27
What go up must go down, what go down will go up. Believe now is good timing for collecting.
2021-11-09 20:23
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.
2022-01-25 23:03
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