same like your cringe and hobo level bro, no change on that too

same like your bank account money bro, no change

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

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

seems like many profit taking , all are afraid what will GE15 do to stock market

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.

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.

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

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

Larry Liew announced on need to expand regionally ie SEA Countries. Borderless business.

Returns & Risks rewards are much in favour staying invested

卧薪尝胆了9个月，终于看到一些好果子了，慢慢来，要稳定不要乱

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.

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.

okay lah ARBB steady safe safe, wont fall anymore

Time to slowly collect and wait for next come back, Bad sentiment = good chance

anyway genereally pre-election time market always perform better than other time , so i do think this is a chance

a better QR result is expected ?

tech will always make a come back

i think SOMEBODY will always get triggered with the word erp and iot, pretending he/she knows everything hahahahha

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.

所幸，2020年和2021年五大零售产托的出租率，分别达到91%和90%，这主要是受益于大马人民与经济保障援助（PERMAI）配套和较长的租赁协议。

展望未来，随着疫情消退和边境重开，带动购物中心的人流量，我们认为大马零售产托（尤其是位于黄金地段的购物中心）将会表现亮眼。

虽然疫情期间的入境外国游客人数，从2019年的每月平均210万人次，大幅减少至每月平均9000人次，但这也代表该领域有巨大潜力恢复到疫情前的水平。

由于租约较长的关系，办公楼产托在疫情期间的表现较为稳定。

投资者可从大马产托指数，了解该行业的整体表现。其中，城中城产托（KLCC）、双威产托（SUNREIT）和柏威年产托（PAVREIT）等都是家喻户晓的产托。

随着疫情好转和经济数据持续改善，我国经济有望重回正轨，产托领域将从中受益。

零售产托在大马产托指数中的权重最大。受疫情影响，过去两年怡保花园产托（IGBREIT）和柏威年产托等零售产托，因政府实施行动管制令而遭受重创。

it's been a long day, without you my fren

caely, are you still okay

monkey is monkey, always use stuupeedity to get attention :)

time to reward line with some bananas :)

rettardooomilo line, 1.3 million volume

"The public never bought la… except for very few… hehhehe"

Meanwhile, in the office space segment, CBRE|WTW is expecting the average occupancy rate of purpose-built offices to decline from 80.8% in 2019 to 75.1% in 2023, as new supply comes into the market.

So far in 2022, 2.5 million sq ft of new supply was only met by one million sq ft in demand.

While the structural changes are apparent, the research house said the panelists suggested that a lot of tenants are adopting a “wait-and-see” approach to determine how much space they need.

“While growth may be limited, good management by REITs and the strength of key malls should ensure stability,” the research house said.

While negative factors such as high inflation and increasing interest rates are the much-discussed downside risks, they are potentially mitigated with a drawdown of “excess savings” which had grown considerably due to the pandemic, it added.

On the environmental, social and governance (ESG) front, the panelists agreed a proper long-term strategy should be the goal, rather than simply reacting to external pressure, especially as the focus on ESG would move beyond operational to supply chain in the near future.

“Moving forward, office REITs would have to cater to the demands of the next generation of workers with features such as on-site childcare or private space at the office, allowing for the benefits of work-from-home at the office,” RHB said.

best time to test your decision and faith, is while it's still cheap, rare opportunity to keep your risk as low as you can

proposing shares buy back. New projects related to IOT coming in hot ?

All waiting for big sharks to move first.

price for ARBB is rather low, safe to have some faith

many operator quiet quiet keep more and more,

try to caught us by suprise? hahahaha

that being said price for ARBB is rather low, would u take faith and jump in now ? :)

feed him some sometimes, fill his ego, fill his pathetic bank account with peanut salary :)

dont blame line for being an total amateur and total clown, you dont expect monkey to think like a human, they can easily get excited with a banana

pre-election maybe will have some unexpected good news

overall KLSE uptrend this few days , hopefully this can bring up the vibe and mood for other investor to also join the game

lucky got follow sifu recommendation :D

waooo today good movement

D&o good company, can slowly accumulate when price got cheaper

SDS Group broke out from its 1-month bullish triangle pattern yesterday, implying that its previous uptrend may have resumed. As the stock also posted a long white candle and together with its rising EMAs, the bullish momentum is likely to pick up further. A bullish bias may emerge above the RM0.37 level, with a stop-loss set at RM0.34, below the 20-day EMA. Towards the upside, the near-term resistance level is seen at RM0.42, followed by RM0.44.

come on kasi naikkan

dont catch too soon, monitor first

Dilution

Dilution has always been a hot topic for discussion for ARBB due to their complex derivatives structure of ICPS.

Let’s take a look at the number of shares from FYE2016 to date.

FYE2016 – 61.1 million shares

FYE2017 – 61.1 million shares

FYE2018 – 67.2 million shares

FYE2019 – 289.8 million shares

FYE2020 – 454.9 million shares

1QFY2021 – 588.4 million shares

Before we proceed, I would need to explain the structure of their ICPS.

In order to fund their conversion of business, ARBB issued up to 15 times of their initial share base of 61.1 million in order to raise funds.

Due to the unique characteristic of ICPS, ARBB per share value was not immediately diluted – but instead, only dilutes whenever there are conversions from ICPS to the common share.

In short, ARBB did 2 rounds of funding – one via issuance of ICPS and upon conversion, ARBB would receive funds from shareholder on the basis of 20 cents per conversion.

However, there is a maximum dilutive effect of these ICPS. For starter, there are approximately 419.8 million ICPS left in the market.

If these ICPS were converted, the maximum number of shares for ARBB would be 1008.2 million shares.

Based on 1QFY2021 results and if we average it by 4 quarters and discount it by 20%, a very conservative net profit figure would be RM21.8 million, or 0.0216 in EPS.

By using the closing price on LDP 25.5 cents, this would translate to an approximate PE ratio of 11.81 times.

Profitability

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

FYE2016 – RM35.0 million

FYE2017 – RM11.4 million

FYE2018 – RM15.3 million

FYE2019 – RM102.6 million

FYE2020 – RM219.5 million

1QFY2021 – RM49.5 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

FYE2016 – (RM15.6 million)

FYE2017 – (RM3.6 million)

FYE2018 – RM4.2 million

FYE2019 – RM32.8 million

FYE2020 – RM42.9 million

1QFY2021 – RM6.8 million

It seems like the turnaround of core business from timber to a technology company had really paid off.

But unfortunately, the company suffered a minor setback in their 1Q results due to lagged overview of the market.

The next quarter is likely to be stumped by the Movement Control Order too.

However, based on their performance since FYE2018, I believe there is a good chance for them to back on track for growth.

goreng coming soon <3

something is brewing

anyway now is hard time for everyone, stay vigilant we can get thru this