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2022-12-16 16:41 | Report Abuse
The golden rule of investing in value stock is the profitability of the company. Although that might not be the case from some market leader, but commonly, a company needs to be profitable before it could reward shareholders. So, is ARBB profitable? Let’s take a look at their 5 years revenue and net profit trend.
Revenue
FYE2017 – RM11.4 million
FYE2018 – RM15.2 million
FYE2019 – RM102.6 million
FYE2020 – RM219.4 million
FYE2021 – RM309.2 million
FY2022 – RM313.4 million
For those who are new to ARBB, the increase in revenue is mainly caused by a shift in core business model. ARBB had evolved from a traditional lumber upstream player to an enterprise solution provider as well as IoT player. But again, revenue doesn’t prove anything. What about their bottom line?
Net Profit After Tax
FYE2017 – (RM3.6 million)
FYE2018 – RM4.2 million
FYE2019 – RM34.7 million
FYE2020 – RM43.4 million
FYE2021 – RM74.2 million
FYE2022 – RM18.7 million
It seems like the turnaround of core business from timber to a technology company had really paid off.
2022-12-15 17:39 | Report Abuse
That line (the commenter) only believe shares he bought will keep on going up I presume
2022-12-15 17:37 | Report Abuse
Armada will get more contracts in coming months I think
2022-12-14 16:47 | Report Abuse
ARBB already breaks 200 EMA. Now wait for it to reach 52 weeks high
2022-12-14 16:45 | Report Abuse
The number of travellers has increased lately. Positive outlook for AAX
2022-12-14 16:19 | Report Abuse
Making a lot of noise won't help, naysayers; people are working hard behind the scenes
2022-12-14 16:15 | Report Abuse
Impressive. Great income will be generated through the EV business in future
2022-12-12 18:17 | Report Abuse
result always tell the true story, when nasdaq listing is successful no chance to get into this price again
2022-12-12 18:14 | Report Abuse
line can't comprehend in english & maths lah, no point argue with a talking nonsense keyboard warrior
2022-12-12 18:12 | Report Abuse
The partnership with legendary investor Warren Buffet-linked BYD is part of SD Motors' commitment to accelerating the nation's future transition to electric vehicles (EVs) and low carbon mobility.
This also in turn contributes to the expansion of BYD's growing global presence.
"In line with our aim to be a leader in EV with a view towards propelling Malaysia's EV aspirations, we are excited to embark on this new chapter with BYD following our success in Singapore.
2022-12-12 18:10 | Report Abuse
Sime Darby Bhd is set to invest RM500 million to establish a wide network of China's biggest electric-vehicle maker BYD Co showrooms across the country.
A total of 20 showrooms is expected to be open by the end of next year by Sime Darby's automotive arm Sime Darby Motors (SD Motors), with 2024 seeing double the amount.
2022-12-07 15:05 | Report Abuse
nasdaq is coming for arbb, time will prove it once again...
2022-12-02 14:06 | Report Abuse
overall malaysia stock today abit slow, many take profit today, typical FRIDAY
2022-12-01 13:46 | Report Abuse
ARBB had proven time to time again... result will speak better than words...
2022-11-30 13:35 | Report Abuse
"We're cautiously confident that ARB will maintain its profitability as the ERP and IoT segments are expected to contribute impressive future earnings.
"Over the last year, we have seen a surge in demand for our services as the Covid-19 pandemic has accelerated the shift towards digitalisation and automation in Malaysia," he added.
He said the rollout of 5G in Malaysia would help both the ERP and IoT businesses to maintain their momentum.
In addition, this will help ARB's IoT business division remain on track to meet NASDAQ's listing financial requirement.
2022-11-30 13:29 | Report Abuse
janji got progress , one step at a time, as people relying more on tech, this will do them good
2022-11-29 14:50 | Report Abuse
finally break 0.125, carryo on this momentum and keep climbing
2022-11-25 13:09 | Report Abuse
i believe the unity government can carry their job well, gv them sometime to make the changes, and we shall see better days in market
2022-11-24 14:01 | Report Abuse
It said cash generation remained strong with net operating cash flow of RM512.2mil, which enabled it to repay almost US$74.8mil of debt during the quarter.
It added that the future firm orderbook as at end-September 2022 stood at RM13bil with additional optional extensions of up to RM9.9bil.
Year-to-date, Bumi Armada recorded a net profit of RM521.73mil, up from RM456.07mil in 3Q21 while revenue rose to RM1.8bil from RM1.65bil.
2022-11-24 14:01 | Report Abuse
Announcing Bumi Armada Bhd's third quarter financial performance, CEO Gary Christensen says the group will continue to pursue new projects amid the higher energy prices.
"It was pleasing that during the quarter we successfully conducted the planned process shutdowns of two of our vessels in a safe and efficient manner and restarted ahead of plan.
2022-11-24 13:58 | Report Abuse
The group's revenue was 14.5% higher at RM12.18bil.
"We kicked off FY2023 on a good note, against the backdrop of very trying economic conditions.
"The Industrial business has seen strong growth with a 35 per cent jump in the first quarter. This was due mainly to higher demand for parts with our customers’ backlogged maintenance work coming in, and higher parts prices in Australasia," said Jeffri.
2022-11-24 13:57 | Report Abuse
Sime Darby Bhd expects FY23 to be a challenging year as its first quarter results were dampened by weakening consumer sentiment for its motors division in China.
During the quarter, the group posted a net profit of RM207mil, down from RM236mil in the same quarter last year as it experienced lower margins from its China operations.
"The Motors division was impacted by market sentiment, which resulted in lower margins for higher volume. However, improved results from Malaysia and Australasia were able to help mitigate the impact from China," said group CEO Datuk Jeffri Salim Davidson in a statement.
2022-11-24 13:57 | Report Abuse
for people like finally, finally the lift in my condo is working, now i can take lift come down from high floor penhouse :'))
2022-11-24 13:56 | Report Abuse
good day to see profit soar today, good day for profit taking like finally :)
2022-11-23 13:28 | Report Abuse
BN = line, both talk nonsense and do bad job :)) whos agree ?
2022-11-22 15:11 | Report Abuse
too bad BN uses their "Skip Card", now we can only see PH and PN who has more "+2 Draw 2" or "+4 Draw Four" hehehe
2022-11-21 12:30 | Report Abuse
now everything so unpredictable, only can hope the best for our country Malaysia
2022-11-21 12:28 | Report Abuse
if u not PAS supporter, line u can say all u wan here
2022-11-18 14:39 | Report Abuse
this will be its second route to South Korea after launching flights to Seoul in April this year.
2022-11-18 14:38 | Report Abuse
AirAsia X (AAX), the mid-range airline affiliate of AirAsia Aviation Group, is re-launching direct flights from Kuala Lumpur to Busan, South Korea, with three weekly flights, starting in early 2023.
2022-11-18 14:38 | Report Abuse
Adding to the upside was the timely opening of Sunway Carnival Mall's new wing and phased reopening of Sunway Resort Hotel.
"We are delighted with the impressive performance registered by Sunway REIT thus far. On its retail segment, management guided that its rental reversion remains positive at a mid-single digit level.
"Footfall and tenant sales are expected to stay buoyant in the coming quarters on the back of festive seasons and holidays," said the research firm.
2022-11-18 14:38 | Report Abuse
result was in line with its and street expectations at 76% and 78% respectively.
In its review, the research firm said the strong year-to-date performance was mainly owing to the sharp rebound in the retail and hotel segments due to the resumption of leisure activities and reopening of international borders.
2022-11-18 14:36 | Report Abuse
same like your cringe and hobo level bro, no change on that too
2022-11-18 14:35 | Report Abuse
same like your bank account money bro, no change
2022-11-17 15:08 | Report Abuse
ohh, boring line still here
people already progress wayyyy further as ARBB progress even more since 2021 till now, let us leave this pathetic boii alone at the starting point do his own monkey business
2022-11-16 14:17 | Report Abuse
transform from a loss making timber company to an IT company in mere 3 years, company is rather young and need funds to grow, time is all they need
2022-11-16 14:08 | Report Abuse
seems like many profit taking , all are afraid what will GE15 do to stock market
2022-11-15 14:12 | Report Abuse
Prior to joining TH Plantations as the CFO, Shahrizal had served KPMG PLT in various positions since June 2007 until September 2021. Last week, TH Plantations posted a RM14.4mil net profit or earnings per share of 1.13 sen for the third quarter ended Sept 30, 2022 on the back of RM213.4mil in revenue.
2022-11-15 14:12 | Report Abuse
TH Plantations Bhd’s CFO Shahrizal Suhainy has resigned to pursue other career opportunities.
In a filing with Bursa Malaysia yesterday, the planter stated the board is currently taking the appropriate action to find a suitable candidate to replace Shahrizal, 38, and will make the appropriate announcement in due course.
2022-11-15 14:08 | Report Abuse
Under the announcement, BFI Asia is expected to subscribe for 49% of equity interest in ARB Cloud Cosec, and there will be several new expansion stems from the collaboration, being i). the Special Purpose Vehicle (SPV) would engage in the business of cloud company secretary platform and services, ii). the SPV would enter into business arrangement with Eurogain, and iii). The SPV aims to achieve RM100.0 million in revenue or hits 100,000 users within a period of 24 months.
Without factoring in the profitability of the cloud cosec business, which the costs are sunk in by nature in the initial development stage of the company, a 3x Price to Sales would result in RM300.0 million in the future value of the SPV, and ARBB being the 51% holding party, is expected to result in RM153.0 million in value creation for shareholders
2022-11-15 14:03 | Report Abuse
loose ? who loose ? you loose? loose and saggy? bro public is worry for you bro, are u okay bro, go play at sandbox okay bro
2022-11-14 13:28 | Report Abuse
Larry Liew announced on need to expand regionally ie SEA Countries. Borderless business.
Returns & Risks rewards are much in favour staying invested
2022-11-10 13:08 | Report Abuse
Earnings per share (EPS) for the period stood at 0.91 sen versus 20.69 sen previously.
Its revenue more than halved to RM560.5mil against RM1.3bil last year due to the decrease in revenue from the gloves and clean-room divisions mitigated by the higher revenue in the TRP division.
For the first nine months to Sept 30, Kossan posted a net profit of RM159.3mil, or (EPS) 6.25 sen on revenue of RM1.83bil.
2022-11-10 13:08 | Report Abuse
Kossan Rubber Industries Bhd, which saw its net profit plunge 95.6% to RM23.26mil in the third quarter ended Sept 30, expects the performance in the remaining quarter of FY22 to be challenging.
2022-11-10 13:08 | Report Abuse
okay lah ARBB steady safe safe, wont fall anymore
Time to slowly collect and wait for next come back, Bad sentiment = good chance
2022-11-10 13:07 | Report Abuse
anyway genereally pre-election time market always perform better than other time , so i do think this is a chance
2022-11-10 13:06 | Report Abuse
a better QR result is expected ?
Stock: [SIME]: SIME DARBY BHD
2022-12-19 19:24 | Report Abuse
EPF appears to be very interested in this collaboration with BYD