Don't change goal post la. Mark your ass meh? Just now momentum loosing, now next few days, next week you will say next few weeks, after that next few months.
Roger is a clown. Even if drop back to 0.30 still higher than your prediction of going lower than 0.28. profit taken but fundamentals looks good. Diamond hands.
US-based Caravan Capital acquires 6.3% stake in ARB By FocusM 04/28/2020 in Mainstream ARB Bhd, an information technology (IT) software and platform provider, said Caravan Capital Management LLC has acquired 18.50 million of its shares from the open market, equivalent to a 6.30% stake in the company.
Caravan Capital, a United States-based independent investment management firm, specialises in the frontier and emerging equity markets with more than 50 years of combined experience, managing investments of about US$70 mil, it said in a statement today.
Tomorrow at least can see 0.37. If able to break 0.37, then next break TP 0.42 shouldn't be a problem. I am telling this base upon my 30 years of analysing skills in the price chart.
ERP, loT and cloud services. Expected to continue growing and impressive future earning. Hold tight.... Can follow directors to convert PA to mothers too @3.5cents discount price on today closing. Tomorrow might have no discount if more people grabbed.
lol, Kingston eyes got problem? I asked ppl to get out of ekovest instead of buying, i quarrel with aiaili who keep promoting iwcity n ekovest.
Frontkn is semicon and semicon is booming, ERP is not booming, too many ERP system in the market, only lousy compnay choose ERP from ARBB. thats why the receivable is very high, which will become bad debts next year.
Roger3210, you had been barking most of the counters since last year. Money all sapu by botak lim already? You may continue to bark, anyway fundamental won't changed because of you.
Bandar Malaysia have to wait after election la.. Maybe end of 2021 or early 2022. Depends on GE and Covid-19. No need to park our funds there sleeping now.
Talk about trade receivable which is growing 2Q2020 = 26M, 3Q2020 = 66M and 4Q2020= 107M. Contributing to very small net cash generated. Can the company collect this receivable?? Then u have to look at the cash reserve to pay trade payable which is also growing 2Q2020 = 27M, 3Q2020 = 45M, 4Q2020 = 63M, where this cash come from??it is not from loan. (Look at operating cashflow account).
My assumption the company is reinvesting the money that they already collect from trade receivable.
roger3210, You've done your part. We only can share views to those who're willing to listen. For stubborn closed minded ones, it's like playing music to cows.
what is there to reinvest ? ERP dont need much fund for reinvest, its IoT division is losing few million in this quarter, and the management just keep quiet about it, dont even bother to breakdown the earning result.
u will be losing your pant if u chase, the game will end very soon and drop all the way back to 0.2x. Only good company share price is sustainable, e.g UWC GREATEC FRONTKN UWC MPI etc, rubbish company share price will up 1 day then erase off all gain in next few days. u can refer to the historical chart of this junk, see to believe it.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TalkNumberOne
3,043 posts
Posted by TalkNumberOne > 2021-02-15 16:02 | Report Abuse
TP please save all the jokes to after market.