IfahjaisUnless you expect dividends from mother share (BB) otherwise PA should sell at premium and not at discount. Who wants to pay more unnecessarily? BB 40sen and PA 17sen. Pay 40 for what? What's the advantage of paying 40 when you can get the same thing at 17 until expiry which is few years away.
01/03/2021 9:27 AM
dustiLet’s set ARBB [mummy] on the correct track first. RUMOUR has it that it may touch 47 today
01/03/2021 9:45 AM
TalkNumberOneDusti, where you get rumour rumour o. Later didn't reach you sama category with Roger le
01/03/2021 9:50 AM
BlueyI like for arbb to be better than now. Thot rumour only for next pm.
01/03/2021 9:55 AM
dustiTno got info from RUMOURmonger#3. Chun or not?
biscuitboy96Actually ARBB is getting solid, now starting to stand on the price le.
01/03/2021 3:38 PM
hoot9eonlyHhahah... Bossku I know your price is low but don't change ppl mind yo
Let Everyone make their own decisions.
For arbb performances, I think can go further. I'm very positive in this counter. Guess everyone know iT business return is high.
01/03/2021 3:49 PM
hoot9eonlyHahahaa... talknumberone you remind me Roger say terbalik tp, can go RM 1 in this year.
01/03/2021 3:51 PM
biscuitboy96Build an alliance and eat up the price till RM1 hahah....
01/03/2021 3:57 PM
hoot9eonlyHahahah, that's what Roger said. Not me.
In future I don't know la. I'm not Roger , he say drop.
Now up so much . He no balls to come here , not giving us any signal also. l.Hahahah... Meanwhile Just let the price fly first la.
01/03/2021 4:03 PM
TalkNumberOneHoot9 want terbang get some airasia also lo haha
01/03/2021 4:17 PM
hoot9eonlyPersonal study about aa is normal only. Recovery also not so fast.. I got zap a bit at early stage.
hahaha... I know got a bit chase high. But can have a look with peb if you are long term holder. I like solar very much. Arbb also solar what. So I love both.
Cedric Chan CAARB Bhd has secured a solar panel project with RM100 million total cash flow via its stake acquisition in project owner, C&M Renewable Energy Technology Sdn Bhd (CMSB).
The firm’s wholly-owned subsidiary, ARB Development Sdn Bhd has entered into a sales and purchase agreement to acquire a 51 per cent sake in CMSB for RM5.5 million.
ARB chief executive officer (Investment & Technology) Datuk Larry Liew said the solar panel project will provide a recurring income to the group. “This is the just the Phase 1 (364 acres in Nibong Tebal) of the bigger roadmap that the group has developed to ensure a sustainable earnings growth,” he said in a statement.
01/03/2021 11:10 PM
goodiewillyhttps://www.nst.com.my/business/2019/05/486085/arb-acquires-51pc-stake-cmsb about 2 years ago, very correct acquisition, but ARBB never make use of this acquisition as theme play today.
01/03/2021 11:14 PM
goodiewillyAdditional theme play for this tech co. BB..and also cloud management, iot, ERP, cheers
01/03/2021 11:17 PM
kakashiInteresting. Didn't mention at all in their quarterly report. Revenue generated from ERP n IOT very strong potential growth
01/03/2021 11:25 PM
warchestIt could be just of matter of time to spike up significantly
02/03/2021 2:51 AM
warchestLike its PA, it is closing the gap reflecting its strong demand. Same too when the investment community looking into deeply undervalued tech + renewable energy company
02/03/2021 2:53 AM
JeffreyteckRelatively high trade receivables is a risk, otherwise looks impressive. No aging schedule for receivables is a main weakness in reporting system. London biscuits write off 300m under receivership.
02/03/2021 8:32 AM
goodiewillyNo debt..so why worry of high receivables??
Capital Structure Total Debt to Total Equity 0.16 Total Debt to Total Capital 0.16 Total Debt to Total Assets 0.11 Interest Coverage 22.87 Long-Term Debt to Equity 0.07 Long-Term Debt to Total Capital 0.07 Long-Term Debt to Assets 0.00
02/03/2021 2:00 PM
Happyday123@Ifahjais, quite healthy financial statements but Bursa like genting goreng than basing on fundamental...haha...
02/03/2021 2:01 PM
IfahjaisI think Genting hit by COVID-19 not goreng.
mananghunterWITH A strong net cash position of RM24.5 mil, ARB Bhd (previously Aturmaju Resources Bhd) is all geared up to extend its footprint in the information technology (IT) segment through merger & acquisition (M&A) of business and technology.
Backed by a record net profit of RM19.7 mil in its recently concluded FY2020, the group is also eyeing to capitalise on the surge in demand for cloud-based computing following the COVID-19 pandemic, according to executive director Datuk Seri Larry Liew Kok Leong.
“I think we are in a good position to expand our business beyond the boundary,” he envisaged.
02/03/2021 3:29 PM
mananghunter“Over the last three years, we have solidified our position in the IT (information technology) business in Malaysia, especially in the field of enterprise resource planning (ERP) and Internet of Things (IoT) solutions as COVID-19 accelerated user demand for cloud-based computing needs.”
Liew further noted that there is a rising demand from international clients as digitialisation efforts and cost-optimisation for the long-term is seen from the solutions offered.
In order to meet the growing demand, ARB intends to collaborate with its local partners and look into potential M&A to expand its geographical presence and access various new sectors by taking advantage of cross-border business opportunities in 2021.
02/03/2021 3:29 PM
mananghunterOn the domestic front, ARB will continue to work closely with government-linked companies (GLCs), multinational corporations and public-listed companies to grow its ERP and IoT business segments.
Based on the statistics by Frost & Sullivan, the Malaysian IoT market is expected to grow at a compound annual growth rate (CAGR) of 24.7% from US$2.2 bil in 2019 to reach US$10.3 bil by 2026.
Meanwhile, the Malaysian ERP market is projected to grow from US$120 mil to reach US$255 million in 2026, growing at a CAGR of 11.4% in the same period.
02/03/2021 3:30 PM
mananghunter“This would provide strong organic growth potential for ARB, which has an established presence in Malaysia,” projected Liew.
Having undergone a massive transformation since 2018 from a timber business operator to an IT software and platform provider, ARB has seen a sharp turnaround over the last three financial years.
The group’s success in breaking away from its decade-long losses lies in its strategic diversification into the field of ERP and IoT solutions.
02/03/2021 3:30 PM
mananghunterTo date, ARB ranks among the lowest in terms of valuations when compared to its peers in the technology sector.
Currently, the group has one of the lowest price-to-earnings ratios in the technology sector at just 4.3 times as of March 1 as compared with other tech stocksd such as Mi Technovation Bhd (64.4 times), Inari Amerton Bhd (63.5 times) and ViTrox Corp Bhd (88.8 times).
This is partly due to the company’s explosive earnings growth over the past three years while its share price has not increased by as much.
