ARB BERHAD
KLSE (MYR): ARBB (7181)
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Last Price
0.045
Today's Change
-0.005 (10.00%)
Day's Change
0.045 - 0.045
Trading Volume
901,100
Corporate Figure or Shareholder
| Name | Role |
|---|
Discussions
62 people like this. Showing 50 of 25,520 comments
Musang King - I don't have a US trading account. It took about 1 week to receive the shares and they assign it to my client code. After that I got my remisier to get the dealers to sell them for me.
2024-02-28 06:33
Fatty Liew took money out from company already. Will left an empty shell just like Ageson, history will repeat itself from same crooks.
2024-03-01 11:25
bloody hell bursa this vstock guys are charging us insane amount of monies to transfer in the stock please bursa sc investigate and stop this kind of nonsense deals
2024-03-04 10:52
I just assist my client to claim it,
we folo the instruction and open acc with TA securities, and the shares transfer itself charge RM400 .
<not include trading cost and acc opening cost yet>
2024-03-04 13:36
I still havent received the share from Nominee acc, anyone facing the same issue? A lot of excuse from remisier.
2024-03-12 20:55
Hi A_Elder, I have both Nominee and Direct Account under Maybank from different branch. Already open global trading account under direct account and also received the share. But no news from Nominee..I wonder is that really takes time or broker just entertain us?Any idea how to escalate this problem? Seems like unlimited waiting and calling...Thanks
2024-03-18 23:01
My broking firm is Inter-Pacific Securities. Until today despite me having completed opening a Foreign Acct, submitted my V-Stock Dividend letter and Statement of Receipt for the ARB-IOT shares to them since 22/2/2024, there is no news. Anybody facing the same problem. I thought having the V-Stock Statement and Letter of Dividend mean evrything OK already. The broker is yet to deduct any Share Transfer Charge or Fee from my Trust Account with them.
2024-03-19 16:42
I was using MIB. However the transfer fees was USD75 for the 1st attempt. If there was an error they would have charged me another USD125. With such high transfer fees I called my other remisier at HLIB. They said the charges was only RM50. So I used HLIB and it took less than a week to receive the shares. Once received they managed to sell them the very same night.
2024-03-19 18:58
hi, the vstock guys giving a lot of trouble, please bombard their google review
2024-03-21 16:05
Hi A_Elder, same I'm using MIB and have been quoted high transfer fees. Was your arbb purchased using MIB? If yes how did you manage to get the US shares credited into a different account?
2024-03-21 22:43
JL99 - Yes I bot using MIB. I just took the DRS Letter to my other remisier at HLIB and they did the transfer for me. I just signed the foreign share transfer form (US Market) and paid the RM50 transfer fees. I received the AIGL shares within a week.
2024-03-22 06:29
A conman counter, it has been manupulated. They gave US share dividend to attract investors to buy ARBB but the owner sells till the price drops to current level. The US share worth not much, ARBB's business wise also shown dropped in sale and profitability, beware !
2024-03-22 07:01
the company don't even have proper business, what kind of sales and profitability you are talking about? all fake invoices lol
2024-03-22 20:56
Hi A_Elder，are you using direct account? Any idea how about Nominee account?Because all the letter at remisier there. Thanks
2024-03-22 23:07
Thanks A_Elder. Unfortunately mine is nominee a/c. Anyone using nominee a/c here able to receive the share? I've been waiting since early Feb.
2024-04-03 09:06
vstock is pure garbage, seems like they are only facilitating fast transfer to TA securities. conjob.
2024-04-03 10:18
I Just received my DRS statements from 2 broker firms, can anyone share with me that which broker firm charger is cheaper and reliable
2024-04-19 11:06
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3439807
I got a question on their financial report as of 2023, there is a "administrative expenses" of 150 million, the market cap of this company is only 50 million? There is nobody question how can you spend 150 million on your admistrative expenses?
Going up from 24 million from previous year to 150 million, something is not right!
Where the money goes?
2024-04-23 17:01
Hi felet404, have you noticed that ARB audit fee for the group & the company are of exorbitant prices?
Page 7 of the report mentioned:
"The auditors' remuneration of the Group and of the Company are amounted to RM1,065,000 (30.6.2022: RM444,000) and RM1,065,000 (30.6.2022: RM80,000) respectively during the financial period"
The hike in prices compared to 2022, this shows something..... the auditor is bearing a higher risk :X
I've checked other more legit software companies financial report from the same Main board.. Cuscapi for example, their audit fee ratio compared with their gross/net profits are way more reasonable.
Another interesting part will be on the corporate income tax paid. With a company that claims having hundred million of sales (RM 402 million from sales of good & IT service rendered), one would expect that it'll pay high corporate income tax as well..... but noopeeeeeeeeeee .... less than half of the fraction was paid.... and I highly suspect ARB's corporate tax computation weren't done properly.... The group's depreciation on PPE is freaking RM 130 million (pg 86) (one of the main contributors on where the money goes) and this depreciation amount is no where to be seen in the non-allowable expenses (FYI - depreciation is not tax deductible, can Google search LHDN for more info)... Thus, I can tell that there's no proper Transfer Pricing documentation for ARB & its related companies as well... If Bursa won't take action, then I suggest better to report the above points to LHDN instead :X
2024-04-24 00:56
Forgot to mention that the company paid RM 218 million dividend income (pg 92) to subsidiary companies (I guess.. it's important to find out who are the shareholders of those subsidiary companies as well).... Corporate income tax paid so little and dividend paid so much?? can like this meh hahahhaha... Dividend is supposed to be paid out from after tax profit figures.... so... in a way, the company secretary is also liable for failing to protect investors' and LHDN interest... Does ARB even has the right to have 'cloud cosec' service without SSM approval? Something to ponder upon
2024-04-24 01:17
You can clearly see the funds in the company account have been bleed dry from huge write-offs and huge commission paid out to other companies.
i hv already disposed of this junk and its toilet paper ARBIOT. Good luck to you all...lesson learned, scrutinized future so -called "good companies" on their sales to dubious companies/huge trade receivables/cash flow derives mainly from their shareholders (conversion of ICPS, warrants. etc)
Also take note of amateurish website as a huge red flag. Never again!
2 months ago
I wonder why the officials don't do anything about it? We need good ICAC in Malaysia!
2 months ago
Any 1 till today havent receive the share? I am one of them using maybank norminee account.😅
2 months ago
omigosh, better followup with your broker if u still havent received it yet...ARBIOT is turning into another ARBB turd if u still holding it...
fatty liew already jumped ship laughing his way to the bank, and the company is headed by an independent director/ ex-company secretary..take the hint ya where the company is heading..
2 months ago
Just remembered this shitty company out of the blue and found out that con artist Liew has already left after robbing shareholders. His legacy? Two rights issue, multiple changes in auditors and a 90% drop in share price since his appointment, I suspect the BOD is also in it as well.
Decided to take a look at their website and it still listed con artist Liew as the executive chairman when it has already been 6 damn months since he have left lol. Since their goal is to con investors, they need to at least put the bare minimum effort. At least update the damn website la, so called IOT company that uses wix lol
2 months ago
Guys you all selling AiGL shares too early lol...It's pending pump any moment for this weeks
2 months ago
Just remembered this shitty company out of the blue and found out that con artist Liew has already left after robbing shareholders. His legacy? Two rights issue, multiple changes in auditors and a 90% drop in share price since his appointment, I suspect the BOD is also in it as well.
Decided to take a look at their website and it still listed con artist Liew as the executive chairman when it has already been 6 damn months since he have left lol. Since their goal is to con investors, they need to at least put the bare minimum effort. At least update the damn website la, so called IOT company that uses wix lol
Exactly
2 months ago
all these companies purely suck on investors hard earned savings and fattened themselves by paying high director fees and salary despite company not performing well.
3 weeks ago
FOR NEWBIES
HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI.
This announcement is dated 15 July 2024.
================
List of high NOSH penny stocks with shares consolidation :-
2024 in progress - HM, MQTECH, XOX, VIZIONE, KGROUP
2024 completed - DESTINI, AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........
Retail investors trapped at high price incurred huge losses caused by share consolidation
5 days ago
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felet404
the list is full of hocus pocus deals, best is find those ex finance staff to interview them one by one.
2024-02-27 23:08