ARBB's PE Ratio is only 4.2 times. It is unbelievably low under "technology" sector. Currently, Dnex's PE Ratio is 38,504 times. Thus, its up potential is unimaginable.
i don't get it why keep comparing ARBB to DNEX, yes both are tech companies, but the nature of business is not the same. When there are too much of opportunist thinking this will shoot up like DNEX, im afraid this might disappoint you
One of the limited stocks that has the potential for capital gain next week. Looking at 0.50 next week. Just with the fact that their PE is low vs. industry average. Two years YOY increasing ROE. Too bad PA is affecting the stock price, and institution investor pushing price down. Should team up to fight back like Game Spot haha..
@iloveamsterdam Usually warrants or Pa are trading at premium but is contrary in the case of ARBB Pa, as the discount to the mother was once at RM0.10 but gradually decreased to RM0.025 now. It is closing the gap now. It means that the demand for ARBB shares is increasing among the big investors seeking arbitrage profits. It is a very bullish trend
@warchest means investors seeing potential higher price in arbb mother share and are looking for a more bargain option in PA either for conversion or simply for trading?
iloveamsterdam It could be both investors and traders. Long story short, the demand getting higher for the PA as the investors are looking at it for both value investment and trading after commendable quarterly results by ARBB. It is an indicator of growing interests in ARBB. You can see that ARBB PA slowly creeping from high discount to premium soon
i actually saw that too warchest. how it moves from 7.5 sen to the price now.
Is there anything to do with the conversion price of 20 sen to mother share too? if PA reach 20 sen, does it mean i can convert without having to pay anything extra?
Yes, you will have to pay 20 sen to convert to mother share. Meaning that if you have bought the PA at current price 16.5 sen, you need to take 20sen out plus 16.5 sen => total cost will be 36.5 sen to convert to mother sen. By calculation on paper, you are actually earn 2.5 sen, but it will take some time about 2 weeks for the conversion to happen. So, there is a risk if the price of both mother and pa share drop during this conversion period. If you are prepared to hold for long terms, then it should be fine as The future prospect is good for this counter.
Unless you expect dividends from mother share (BB) otherwise PA should sell at premium and not at discount. Who wants to pay more unnecessarily? BB 40sen and PA 17sen. Pay 40 for what? What's the advantage of paying 40 when you can get the same thing at 17 until expiry which is few years away.
Personal study about aa is normal only. Recovery also not so fast.. I got zap a bit at early stage.
hahaha... I know got a bit chase high. But can have a look with peb if you are long term holder. I like solar very much. Arbb also solar what. So I love both.
ARB Bhd has secured a solar panel project with RM100 million total cash flow via its stake acquisition in project owner, C&M Renewable Energy Technology Sdn Bhd (CMSB).
The firm’s wholly-owned subsidiary, ARB Development Sdn Bhd has entered into a sales and purchase agreement to acquire a 51 per cent sake in CMSB for RM5.5 million.
ARB chief executive officer (Investment & Technology) Datuk Larry Liew said the solar panel project will provide a recurring income to the group. “This is the just the Phase 1 (364 acres in Nibong Tebal) of the bigger roadmap that the group has developed to ensure a sustainable earnings growth,” he said in a statement.
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....
andr
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Posted by andr > 2021-02-26 09:22 | Report Abuse
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