@Insider Forecast tat is fact, u have to accept it
Haha, You can check my comments, I was in Prestariang/Awantec since last year when it was only 28sen till now, So I know abt tis company very well, but I dont go ard stepping on ARBB and promoting Awantec here...tis forum is for sharing info on ARBB. Don't be another Roger k.
There is a bullish undercurrent; latest QR , only a few days ago, recorded a 135% increase. So next week we see >50 for Chap Goh Meh celebration. Good luck investors!
because the qr earnings got hanky panky... earnings from where, which company? all so mysterious. the more you read, the more you know next qr they will have to face the music.
ARB Berhad (Target year 2020- 2024) is mainly involved in the business of (1) IT solution and software solutions (2) Trading of computer hardware and software (3) System integration, as well as enterprise resource planning (ERP) development and implementation in Malaysia or worldwide.ERP solutions are enterprise software platforms that electronically capture, store, manage and process information in real time.
Also bear in mind, ARBB is working with China Unicom, which is a Chinese state-owned telecommunications operator to collaborate and undertake smart building projects and other ancillary businesses with focus on Industry 4.0 related technology. The scope of work includes, the knowledge-transfer from China Unicom in the areas of IoT, AI and smart building platforms and applications. China Unicom is the world 4th largest mobile service provider in the world
This collaboration is going big in the area of 5G, with the construction of telecommunication towers and buildings.
Is highly possible to reach RM1. With ROE and EPS for FY20 of 27% and 10 cents respectively, essentially they are investing huge chunk of profits at at high rate of return. Even with using PE multiple of 10x and historical earnings based on FY20, the current value is RM1.00. But we can only use PE and discounted cash flow to value traditional businesses not tech companies like ARBB. When looking into tech companies like ARBB, we need to see the revenue growth, strong balance sheet and business model. You can argue that the Company has high receivables but it is make sense as due to its business model
The 10-year Malaysia's Digital Economy Blueprint bode well with the prospects of ARBB to become a reputable regional digital solution provider. Essentially, it is not only layout and strengthening the digital foundation of the country but also accelerates the growth of ARBB in terms of the implementation of IoT, AI and ERP
Even the best stocks will sometimes underperform the market over a twelve month period. Just focus on high quality stocks with solid prospects and stick with your TP. It's always interesting to track share price performance over the longer term.
The market can ignore a performing company in the short term but if the company continues to perform, the market can't continue to ignore. Furthermore the earnings are through regular business and not spiked by unusual or one time non recurring earning.
Those familiar with Accounts Receivable measurement, yes it is high as the DSO is at 182 days. High for a normal trading company but due to lack of information on the nature of the contract terms it is hard to properly evaluate. For comparison purposes, Awantec that recently shot above RM1 has Account Receivables DSO at 470days and without earnings to boot
Dato Liew is not a very significant shareholder of the company and will he be motivated to continue to push the company performance? Well, you have to be aware that he is currently holding 343Million units of ICPS of the remaining 606 million outstanding ICPS and he has not sold a single unit!.
i support warchest's good and details analysis for ARBB,i have been buying this stocks and hold them for more then 2yrs.now. i have confident in this company's business growth and projections is Great!!! hope it turns out right.
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 > 2021-02-19 15:52 | Report Abuse
TP chun 1 thing la. TP like shit. Things that he sees also worst than newbie. Why waste time go forum talk alot. Better spend sometime learn la.