Posted by hng33 > 2019-11-05 15:44 | Report Abuse

I berhad and WCE berhad both share similarity due to fund raising via preference share. Both share under serious downward when its PR was listed. WCE went down as low as 29.5sen and recover back now at 36sen. I-berhad today went down to as low as 21sen, once PR overhang resolve, I-berhad will likely recover back too.

The upcoming Q3 result will record maiden profit contribution from Central 1-city shopping mall, build at cost RM 850m, i bhd have 40% stake.

https://www.nst.com.my/news/nation/2019/06/496562/central-i-city-shopping-centre-opens-shah-alam

Posted by happylucy > 2019-11-05 16:29 | Report Abuse

DONT WAIT AND BUY, BUY NOW AND WAIT!

Many people are afraid to lose money. They want to sleep soundly every night.

So am I. I am just as fearful as everyone else losing money. Therefore, let me recommend you

"PRESENTING ARBB (7181) THE GOOD STOCK FOR INVESTORS"

Why is ARBB (7181) GOOD?

These are my Reasons:

1) ARBB HAS LOW DEBT

Current Liabilities/Non-Current Liabilities

Borrowings -................. - (near to RM15,000 as at 2Q)

If a company has no borrowings or low borrowings can they go bankrupt if you don't owe money to bank, friends or financial institution?

Their cash in the bank is more than enough to cover all their liabilities.

No one or Company can be low in debt, SO ARBB IS A STOCK ON WHICH YOU CAN BUY AND SLEEP SOUNDLY.

2) HIGH NTA

I do not know why so many analysts or retailers start to use NTA as a valuation-base. I used to heard of PER being popularly used, perhaps ... P/B too. But NTA? Why every tom-dick now talking about the NTA of companies when we are trading/investing? Who started the NTA game? The NTA of ARBB is HIGH NTA value ... therefore, it is under-valued.

Price/NTA = 106.1%

3)ARBB IS ON THE RIGHT TRACK IR4.0 INDUSTRY

ARB is in the IR4. 0 industry where every developed or developing countries are heading to, its just a matter of time arb going SHOOT UP SKY HIGH! Take a good look at greatech, another ir4.0 company, ipo price started AT13MAY 2019 AND PRICE from 0.60 then rm1.40 and now rm2.00.SHARES PRICE RISE UP TO 300%, there are so much potential in ir4.0 industry company, The reasons why industry 4.0 is important are the benefits,BECAUSE It helps manufacturers with current challenges by becoming more flexible and making reacting to changes in the market easier. It can increase the speed of innovation and is very consumer centered, leading to faster design processes. Arb is ON the right track, and if greactech can do it, so do Arb!

PRICE FROM SEPTEMBER 0.305SEN RISE UP TO 0.40SEN YESTERDAY

So WHY NOT BUY ARBB? GO AHEAD.

To me, I’m all in ready for the spike!

PRICE SURE GOING TO RISES VERY VERY HIGH, TIME IS MONEY AND TIME DOES NOT WAIT FOR NO ONE! GO FOR ARBB, STRIVE FOR SUCCESS!

Posted by AlfI3 > 2019-11-06 07:43 | Report Abuse

When can expect d Q3 results ya?

Posted by Godofgambler > 2019-11-06 09:31 | Report Abuse

The new young director is a doctor.
You know what it takes to become a doctor..
Alot of determinations and efforts..
Is not easy to graduate as a doc.
I believe this new blood will bring this company to a higher level.
Have confident in this company.

Posted by 6182al > 2019-11-06 10:06 | Report Abuse

beware every time asking for mone, bonus / split then right issue and now right issue again all but empty promise from top people

Posted by 6182al > 2019-11-06 10:09 | Report Abuse

from .80ct to now near .20cts

Posted by Godofgambler > 2019-11-06 10:35 | Report Abuse

The new shopping centre will be turning point.

Posted by Godofgambler > 2019-11-06 11:01 | Report Abuse

Last time knm when 9 cents also same old negative story...
Now knm 0.46 you think iberhad cannot reach that level also?

Posted by setia2u > 2019-11-06 12:03 | Report Abuse

another WCEHB in the making .... bought 21.5, now 22.0 ...more to come!!! Cheers.

Posted by hng33 > 2019-11-06 12:18 | Report Abuse

I-berhad market capital now only RM 233m. But, I-berhad have completed Central-icity mall at cost RM 850m, in which Iberhad have 40% stake or RM 340m, retain as investment. Just alone mall itself already far above i-berhad entire market share value

Posted by Godofgambler > 2019-11-06 12:32 | Report Abuse

I berhard got chances la..
Not sumatec like milo tin kosong.

Posted by Godofgambler > 2019-11-06 13:12 | Report Abuse

After shopping centre open will become like Pavillion not?

Posted by hng33 > 2019-11-06 13:42 | Report Abuse

Central i-city now have occupancy 90% occupancy rate. The rental rate is between RM 6-RM 7 psf with some tenants rental are tied to their store performance via gross turnover rental. Based on net lettable area 940,000 sqft

Lets calculate the profit

940,000 sqft x RM 6.5 psf x 90% occupancy rate x 12 month = RM 65.9m

Assume mall profit margin 40%, RM 65.9m x 0.4 = RM 26.4m

I-berhad 40% stake, RM 26.4m x 0.4 = RM 10.6m, translate into ADDITIONAL EPS 1 sen/share

Posted by hng33 > 2019-11-06 13:49 | Report Abuse

At first glance, the profit derive from mall about RM 10.6m seem too low in view of I-berhad have invested RM 340m (40% stake of RM 850m mall), the return of assets for i-berhad only 3.1%.

But, as the mall just newly open for operation, the rental rate still have large room to increase rental rate in future.

Remark: comparison with Midvalley, the rental is as high as RM 12-13 psqft, or Pavilion mall rate RM 16-17 psft, double and triple rate higher if compared to Central-icity.)

Posted by setia2u > 2019-11-06 14:10 | Report Abuse

Nice to see you here, hng33. Cheers!!!

Posted by Godofgambler > 2019-11-06 14:32 | Report Abuse

Expecting iberhad to shine again like stars in the night..
Buy call!!!

Posted by stncws > 2019-11-06 14:36 | Report Abuse

HUGE volume bottom collecting !!!!

Posted by Godofgambler > 2019-11-06 14:53 | Report Abuse

I always bring my kids to icity...
They have potential to become like Disneyland one day...

Posted by hng33 > 2019-11-06 15:06 | Report Abuse

I berhad and WCE berhad both share similarity due to fund raising via preference share. Both share under serious downward when its PR was listed.

WCE went down as low as 29.5sen and recover back now at 38.5sen. I-berhad today went down to as low as 21sen, once PR overhang resolve, I-berhad will likely recover back too.

Posted by hng33 > 2019-11-06 15:44 | Report Abuse

I berhad assets allocation

Property development land at cost: RM 978.7m (liability 680.7m)
Property investment : RM 418.8m ((liability 5.9m)
Leisure : RM 132.8m (liberality 1.2m)

It is very clear that majority liability bear by I berhad now mostly is due to land carry at cost and development cost now.

The Central i-city and other investment properties are mostly build my I-berhad through internal cash, worth 418.8m with very limited borrowing of only 5.9m.

Another asset carry in I-berhad is in leisure segment (water theme park, snow house) at 132.8m and negligible borrowing of only 1.2m

Posted by hng33 > 2019-11-06 16:32 | Report Abuse

bought also I-berhad PR at 1.5sen

Posted by quassar > 2019-11-06 16:40 | Report Abuse

the shark is in action now... watcha!

Posted by Godofgambler > 2019-11-06 17:09 | Report Abuse

Looking at 0.30 or more

Posted by Godofgambler > 2019-11-06 17:38 | Report Abuse

Now start to believe ?
Tell you guys already..
This is a good stock.. Dont miss it..
With new shopping centre and etc 2020 will be a great year...
Is ok la.. Tomoro got chance if cant sleep tonight..

Posted by ahbah > 2019-11-06 17:41 | Report Abuse

Korrect, chip n good ! Just get some more lah.

Posted by ronald118 > 2019-11-06 17:57 | Report Abuse

Q I-berhad PR @ 1.5 cant get today...must target 2 tmr...

Posted by Godofgambler > 2019-11-06 18:17 | Report Abuse

If dont buy sure regret.
Is like doing wrong things and deeply regret that kind of feelings...
But tomorrow if buy early still got chance.
The price is still cheap.

Posted by JK22 > 2019-11-06 20:35 | Report Abuse

why need RI to obtain fund? Got project in forecast?

Posted by Godofgambler > 2019-11-06 22:24 | Report Abuse

Use RI to expand business la....
I-berhad dont like loan banks one..

Posted by kywebsale > 2019-11-07 00:24 | Report Abuse

if i pay RM0.19 subscript RCCPS now,
later convert to IBHD share, do i need to pay the conversion price RM0.19 again for conversion?

Posted by JK22 > 2019-11-07 06:46 | Report Abuse

just curious what biz in expansion plan on the RI, I might miss out the announcement. Don't want to get stuck just because someone need fund for future expansion without tell what it is

Posted by AlfI3 > 2019-11-07 07:47 | Report Abuse

Ya, agree fully to have some detailed ideas y dey need to raise funds. As nowadays, many disappointing fund raising exercises due to irresponsible raisers

Posted by Godofgambler > 2019-11-07 07:53 | Report Abuse

Is like when you sell the cakes..
When the cakes selling well..
Then you need funds to buy more ovens to sell the cakes...
I beleive they raise the fund for company iinvestment.

Posted by Godofgambler > 2019-11-07 07:53 | Report Abuse

Today i will buy more ibhd more upwards trend to come..

Posted by hng33 > 2019-11-07 10:33 | Report Abuse

sold back PR at 3sen for 100% gain

Posted by ronald118 > 2019-11-07 10:44 | Report Abuse

RCCPS proceed:

85m for property investment
i) 33storey office tower development cost rm200m
ii) Double tree hotel,development cost 200m

64m for property development
i) 8 Kia Peng

total 150m

Posted by hng33 > 2019-11-07 10:49 | Report Abuse

Swap capital to add more I-berhad at 23.5sen

Posted by Godofgambler > 2019-11-07 12:21 | Report Abuse

More upwards to come

Posted by ronald118 > 2019-11-07 12:36 | Report Abuse

8 Kia Peng, still got many over hang unsold luxury units....

Posted by Godofgambler > 2019-11-07 12:43 | Report Abuse

Kia peng is slowly one la... You see after 5 years still got not? When property price keep going up from time to time.

Posted by Godofgambler > 2019-11-07 12:58 | Report Abuse

Yes buy mother

Posted by Godofgambler > 2019-11-07 13:11 | Report Abuse

This afternoon will fly lol....
Dont buy sure regret

Posted by setia2u > 2019-11-07 14:27 | Report Abuse

A simple comparison between the 2 counters issuing PR : WCHB & IBHD, WCEHB moved up 30% from the lowest from 30.5 to 40.0, but IBHD only move up by close to 15% from lowest of 21.0 so far, if IBHD would to go up 30%, it shall be 28.0 sen by the time PR ceased from listing on 12/11. My 2 sen worth of sharing. Cheers,

Posted by Kim > 2019-11-07 14:41 | Report Abuse

setia2u agreed. Later fly up 26c at least and PR touch 4c. My 2c view. Good luck!

Posted by Godofgambler > 2019-11-07 18:02 | Report Abuse

More buying..non stop..

Posted by Noni > 2019-11-07 23:25 | Report Abuse

kywebsale: if i pay RM0.19 subscript RCCPS now,
later convert to IBHD share, do i need to pay the conversion price RM0.19 again for conversion?

Reply:
You can take a look at the abridge prospectus, page 7, Conversion Mode

Posted by supertrader888 > 2019-11-08 13:57 | Report Abuse

0.235 is good entry at this level.. another chance like WCEHB.. easily can go 30c soon..

Posted by hng33 > 2019-11-08 14:53 | Report Abuse

YESSSSSSSSSSSSSSSSS

Posted by supertrader888 > 2019-11-08 14:56 | Report Abuse

Is moving.. 30c coming !!!! Buy before too late

Posted by Godofgambler > 2019-11-08 16:41 | Report Abuse

If dont buy now..monday will up even more...