Bought some at day low. Come down some more... buy more. You don't have holding power... better don't trade stocks.

Covid-19. Again. Almost everything in BURSA down.
Not ARBB... COVID-19.
I definitely am going to buy some more.

Tomorrow night QR. I guess tomorrow down some more.

Buyers waiting for QR. Sellers need RM, they must sell.

ARBB is starting from scratch and so needs a lot of capital. The current investors are like investing in early GRAB. As long as ARBB can attract capital from investors, it can fly.

Swim down more so I can buy some more.

Best is swim down to 1¢ so I can buy so many I become CEO

Please sell to me.

Ill or pure motives? There's only profit motives.

Not necessarily today later will turn red. .345 has proven to be a strong support.

Nobody needs permission from management to convert.

The people converting can also hide behind a bank for example. The name of the bank is registered as the shareholder, hiding the name of the real shareholder.

There are thousands of banks around the work.

Each bank register 1% of company share capital, a hundred banks will register 100% of company share capital. haha

Why anybody wants to do that, hide themselves, they must be trying to pull off something.

Unless of course it's really many small players convert, but that doesn't make sense.

Small players convert for what? This company is not paying dividends. There's no advantage in converting.

Just saying. I have no inside information.

Strange thing is the ICPS (PA) conversions are not done by Liew, otherwise he needs to announce changes in Director's and changes in Shareholder's interests.

The mystery people/persons will be exposed if they become substantial shareholders from the conversions.

Today heavy volume to push the price down could very well be because of the blogger.

https://klse.i3investor.com/m/blog/The1994Investor/2021-05-14-story-h1565061436-ARB_Berhad_Not_As_Good_As_It_Seems_Be_Cautious.jsp

Hard to tell what the real reasons are. Or insiders know Q1 will be bad.

Liew talked about join venture with customers, so maybe the account receivables converted to shares/will convert to shares then hey pesto, account receivables problem settled.

Just that the account receivables will not be reflected in cash at hand. It will be reflected in assets.

If you see account receivables reduced and assets increased then you know what happened.

You might still see increased in cash at hand, but it will not be from accounts receivables but from conversion of ICPS (PA).

Q1 2020 was much better than Q1 2019

RM 33.3 (2020 Q1) vs 12.4 (2019 Q1)

Heavy conversion of ICPS (PA) since 2019 except for around March 2020 when ARBB dropped below 0.20 (so not worth it to convert) because of covid-19.

Who really knows if it's cheap or expensive?

It's about luck.

Some people won't buy at this price, they will only buy when the price is above 60sen

Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares
No. of shares issued under this corporate proposal

920,000

Maybe release after market close.

The whales trying to move the market.

QR about to release?
Last few minutes.
Those with inside info selling aggressively?

Let's face facts. There seems to be a problem somewhere. What do you do in such a situation?

You can just stop investing in this company or... you do "technical analysis".

One quarter is not meaningful.

What you want you see is growth projectory over many quarters.

Tomorrow half day. Thursday Friday closed.

Auditor is Deloitte. You want to scam people will you appoint Deloitte, one of the top auditing firms in the world?

Deloitte don't need the business and will just walk away if there's any hint of hanky panky.

That's not too say ARBB business cannot come down, but definitely no hanky panky

Today is the lowest and ARBB will shoot up from here. Just observe and see if I'm right.

I think it's obvious fatty Liew and co. is buying and accumulating but he is not pushing the price up.

He puts his orders and let the sellers sell to him.

Every price he puts in an order worth RM 1 million to buy.

.370 RM 1 million to buy.
.365 RM 1 million to buy.
.360 RM 1 million to buy.
.355 RM 1 million to buy.
.350 RM 1 million to buy.

After he buys he keeps the shares and he won't sell even if the share price shoots up.

ARBB and Ageson perform well, fatty Liew will become business hero in Malaysia.

He's still so young.

Construction business is hopeless and he is slowly switching Ageson into hi tech company.

Yesterday, maybe the massive sell orders at the closing could be "contra" players forced to get out.

If that's the case then no worries.

It doesn't mean anything. It doesn't mean whether the price will go up or go down, yesterday's massive sell orders at the closing.

My expectation is ARBB and ARBB-PA is not going anywhere, up or down, until the quarterly report comes out.

Ok my 300 lots done and now it's .175/.180

Quick look at the buy/sell orders for ARBB-PA.

The 300 buy at .180 is my order.

Nobody selling to me at market open even when ARBB is .165/170

Buy Ageson also.

What is important? The most important thing is that the company is growing very fast. Sooner or later it will be reflected in the stock prices. By the looks of it, it's later rather than sooner.

The next report might be a disappointment and the share price comes down.

Buy after the share prices comes down.

Some people trying to push ARBB down. Nobody trying to push ARBB up.

But those people trying to push it down, so far, not very successful. Some very small successes.

When they give up, give up trying to push it down, the move up will be fast and furious. Just don't know when.

Anybody knows when, the release of 1st quarter results?

ARBB .365
ARBB-PA .180

Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares
No. of shares issued under this corporate proposal 1,800,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.2000

RM 360,000

Grab – A missed opportunity for Malaysia
By GANESHWARAN KANA
CORPORATE NEWS
Thursday, 15 Apr 2021

This Anthony Tan guy is a Malaysian. Hopefully this will be a wake up call for the Malaysian government to not throw money at the (useless) politically convected
cronies andinsteadd support the best and the brightest Malaysians.

Grab to give Anthony Tan 60.4% voting power; posted US$10.4b accumulated loss
WED, APR 14, 2021 - 5:39 PM

Read that carefully...
US$10.4 billion accumulated losses....

billions for nothing and your harem for free.

That's the way you do it. Money for nothing and your chicks for free.

No. of shares issued under this corporate proposal 3,505,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.20

Another RM701,000 in the company's pockets doing nothing.

Many people remember that ARBB came down after hitting 0.40++ and so they sell.

Long term investors won't care about these few cents move.

Similarly if they start making "provisions for bad debts" I'll dump the shares.

Avoid high debt negative cash flow companies because they can "go under" very quickly.

If ARBB debts start to pile up and cash flow starts to deteriorate, I'll be the first to dump my ARBB shares.

If you know and understands this, you can make your trading strategy even more effective.

I'm other words... make more money from trading ARBB shares.

The company is not interested, cannot, must not, push up it's share price but it can and should, try to keep the market for it's share price, calm.

I can see ARBB the company doing just that... keeping the market for it's share price calm.

For example, today. You notice huge buy queues? That's probably ARBB company queuing to buy. This is to ensure a "sane" market for ARBB shares, when sharks are selling (pushing the price down by selling to the buy queues).

If ARBB does not place huge orders to buy (queue), the price will ding dong like yoyo.

But it can "defend" it's own share price (need less money to defend).

At this moment ARBB is in the most active (volume) list.

And it's plus sign from yesterday...

...trade below ,41 until the next quarterly report.

Anybody knows when's that? The next quarterly report?

It was trading below .35 for the longest time. Then it was trading below .38 for the longest time. Now it looks like it will trade below .41 for the longest time...

If that's not an uptrend I don't know what's an uptrend.

GENERAL MEETINGS: Outcome of Meeting
ARB BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 21 Apr 2021
Time 08:30 AM

Venue(s) Broadcast Venue at No.17-02, Q Sentral
2A, Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur
Malaysia

Outcome of Meeting
The Board of Directors of ARB Berhad ("ARB" or "the Company") is pleased to announce that all resolutions as set out in the Notice of the Twenty-Third (23rd) Annual General Meeting ("23rd AGM") dated 30 March 2021 were passed by the shareholders of the Company at the 23rd AGM held on 21 April 2021.

All the resolutions were voted by way of poll and the results of the poll were validated by Messrs Aegis Communication Sdn. Bhd., an independent scrutineer appointed by the Company.

This announcement is dated 21 April 2021.

Voting Results

1. Ordinary Resolution 1
Description To re-elect Dato' Baharon Bin Talib who is retiring pursuant to Clause 105 of the Company's Constitution and being eligible, has offered himself for re-election.
Result Accepted

2. Ordinary Resolution 2
Description To re-elect Datuk Junaidi Bin Datuk Haji Abdul Rahman who is retiring pursuant to Clause 114 of the Company's Constitution and being eligible, has offered himself for re-election.
Result Accepted

3. Ordinary Resolution 3
Description To re-elect Mr Khor Ben Jin who is retiring pursuant to Clause 114 of the Company's Constitution and being eligible, has offered himself for re-election.
Result Accepted

4. Ordinary Resolution 4
Description To approve the Directors' fees amounting of up to RM70,000.00 for the period from the 23rd AGM up to the 24th AGM of the Company and other benefits payable of up to RM2,000,000.00 for the period from the 23rd AGM up to the 24th AGM of the Company.
Result Accepted

5. Ordinary Resolution 5
Description To appoint Messrs Deloitte PLT as the new Auditors of the Company in place of Messrs RSM Malaysia who is retiring as Auditors of the Company, and to authorise the Directors to fix the new Auditors' remuneration.
Result Accepted

6. Ordinary Resolution 6
Description Authority to allot shares pursuant to Sections 75 and 76 of the Companies Act, 2016
Result Accepted

7. Ordinary Resolution 7
Description Proposed renewal of authority for the Company to purchase its own shares
Result Accepted

8. Ordinary Resolution 8
Description Proposed new shareholders' mandate for recurrent related party transactions of a revenue or trading nature
Result Accepted

9. Special Resolution 1
Description Proposed amendments to the Constitution of the Company
Result Accepted

Announcement Info
Company Name ARB BERHAD
Stock Name ARBB
Date Announced 21 Apr 2021
Category General Meeting
Reference