Ifahjais Neither are they selling. At this price it's not bargain. As long as they have enough to control the company, buy extra for what? Sometimes company prospects is not everything.
There can be a world-wide crash which has nothing to do with ARBB.
Anyway, never marry a position. Must have appropriate risks management in place.
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thanos2020 Somewhere ard mid of Mar 21, I believed Liew converted aome of his ICPS to become the mothershare...I read it somewhere (correct me if I am wrong).. It is much cheaper for him to convert his ICPS than to buy from the market...
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Reading between the lines, senior management occasionally convert their ICPS options into stock then sell (or is it transfer) on the open market at a "high" price to buy their properties, cars, etc. and all the "faithful" rush in to buy.
X perlu jelaskan orang tu.. dia ingat yang dia tahu tengok QR saja ,luar orang lain x tahu tengok QR , tu la orang tu kata VALUE STOCKS … kalau company betul bagus kenapa investor xkan beli ???? Ini make sense kah ???
The issue that make investor worry with ARBB are trade receivable and PA, if they can collect some of the trade receivable it will install confidence into investors while PA still take 2 and half years to expired. Plus if they can collect huge chunk of the receivable, they will have pile of cash ..giving good dividends should not be an issue.
The different between SERBADK and ARBB is.... ARBB do not have any loan. Net cash company, even if they take longer or unable to collect the trade receivable, this company will not become bad debt or be delist.
There is a lot of other good company which their share stagnant or still lingering at low PE such LAGENDA, HTPADU, KPS, FIAMMA, DPS, TRC and EUPE. while their EPS is good, investor always oversight some of them. The nearest example MMCCORP for month the share price are low (around RM 1) with PE 8-12. After announce want to privatize then a lot of investors realize that it should value around RM 2- RM 3 (it will value higher as Penang port (under MMCCROP) just got free commercial zone status which will increase their revenue).
After include the trade receivable issue, i still value ARBB better than Censor, Smetric and Sedania or even DATAPREP. Bursa not always about FA, PE or EPS. Speculations play a huge influence.
So many voice of Value investing. Btw Value investing can't really based on Buffet to make a standard. Warrant make mistake too. But if there are a return in future, why not consider a stock as a Value investing too.
Whether it is value investing or not boils down to the non current Trade Receivables(TR or AR) as far as ARBB is concerned. Only on hindsight one can brag on one's decision.
- If they are good debt meaning they are recoverable/collectible on due dates(2022) then it will turn out to be value investing except that the credit period is exceptionally long. So in the next 2-3 quarters the non current AR will continue to increase as there won't be any payment as I am assuming a credit term of at least 12 months. As such we wont be seeing any provision or impairment loss on the non current AR in 2021(my guess, until we get more clarity or the customer collapsed before due date)
-if the debts are mostly irrecoverable later on(2022) then it can fall under fraud or bad business risk. That will be a subject for another day.
The main problem is the lack of clarity on the nature of the non current AR. That is causing the jitters and uncertainty.
To me the PA is a non issue but actually helps in the company cashflow. To counter the increasing conversion the company just need to earn more to offset the dilution.
As such investing in ARBB at this point is a calculated risk as to how one perceive the non current AR.
If it goes back to 0.36-0.40, at least people still believe it. Now I see it as rubbish too as all promoters with good write up, just make the readers like donkeys, the owners themselves never even respect those write ups, never show its efforts to move up with the good potential.. Either the Fatty Liew group is rubbish, or he owns a rubbish companies, trying to con.. For 2019 till now, the price almost the same ..
low pe low performance company low prospect, highly rely on article and blog and news to con investor money. new article out for arbb will up abit then massive selldown. avtime like this
Today Tech stocks index up so much, except Arbb in red, with these volume, it should go up 5 cents, but holders of heavy shares lost interest here, and keep dumping.
Haiya…. What to argue la… example today you go to Pasar Buy chicken , there are 2 guys selling chicken… 1 are selling rm2 , another 1 are selling Rm10 … will you buy the Rm2 punya ???
many of us here are looking at the good fundamentals of ARB and future growth.
i thought the forum only attract those interested to come and comment. but how come those who hv no interest in ARB also come and comment negatively & sourly about the company?
what is their intention since they are not invested in the company?
I’m invested in this so call fundamental undervalue stock in 2019 , I holding almost 1 1/2years than cut it eventually … Last time I was same like you all keep telling my friends this is super undervalue stocks bla bla bla … Than after I meet my guru ,he told me about this company story, and also told me about this company punya financial… maybe my guru and I was wrong , You guys think yourself ….
longtermvalue many of us here are looking at the good fundamentals of ARB and future growth.
ARBB has been ramped by a number of bloggers so that maybe why people come to look - it is in my case. It generally is not a good sign when a share is ramped.
I have not been tempted to buy in, reminds me too much of Serba Dinamik, lots of money on paper and none in the bank.
they only see at the profit itself, the cash flow, receivable? they are not taken into consideration. That's why people keep talking good here good there. LOL
Ya lo is like this 1 nowaday ppl look like this … they ignore the fact and keep on buying than after few month came here and blame this market , this counter ,this director liew … and also try want to email to SC blablabla …
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....
bosskufanboy
1,441 posts
Posted by bosskufanboy > 2021-06-08 18:37 | Report Abuse
ppl always sell on good QR, first time here??