It look like PublicInvest is close monitoring ARBB as almost every 3 month it will analyse/give review about ARBB.
General meeting on 21 april 2021.
Anybody going to this meeting? Please help to ask this 2 questions to the management. 1. How confident are company to collect their trade receivable? Can they assure to not let it become impairment loss?? 2. Can they gave confirmation how long will they take to at least collect part of the trade receivable and turn it into cash?
Everyone is looking into the following quarters. Once the trade receivables are converted into cash, than it will build lots of credibility in the Company
The price movement of this counter seems manipulated by operator or single hand person using some kind of automated system. The way they cancelling the que price was so fast and happens within few seconds across multiple user account. You can check the changes thru que anlaysis. Sometimes the price enter and cancel repeatedly. On other scenarios, once the sell que price reduced, it then will top up with same amount again. Sometime they play funny funny thing. The big amount at buy and sell que is not real compare to users number, it can dropped very fast later as it was many one account holding 500/1000 lot or more with few small portion of lot togather with retailer's part. They key is they doing very fast and you can't see it through transaction logs.
Tomorrow will be the critical day for ARBB. Volume determine everything and see whether can rising up to 0.38 or not with good buying volume support . If not, then the end of the ARBB move towards the uptrend.
If CEO Liew is still doing "joint venture" with customers using ARBB shares as investment in the JV... very soon there will be a shortage of ARBB scripts.
Another thing... with all the general elections talk... KLSE might not be going anywhere. Who wants to be hero to buy or sell? Everybody wait and see, and share prices stuck in small ranges including ARBB
@KeMie, if you think your observations are correct, file a complain to Bursa. If this pattern persisted, Bursa can drag the perpetrators to court for giving false representations to the market. Bursa can check the records as all orders keyed in are recorded, even though cancelled. People does mistakes occasionally, Bursa can excuse that, but if it is a common frequent pattern done all the time in a particular account, that is a crime.
@winterwolf, hardly for Bursa to catch la...Those penny stocks like DGB, technax, jaks so many fakes tickets for buying and selling queue...Sharks very good in manipulating but hardly catch them...
Besides ARBB, DGB, JAKS and TECHNAX, ICON is another penny stock with so many fake tickets for buying and selling daily...Sharks are speculating many penny stocks counters...
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goodiewilly
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Posted by goodiewilly > 2021-03-29 19:05 | Report Abuse
Today PublicInvest recommended BUY