Company Has released 11 Quarterly Result shown making profit right ?? But why aa the share price ?? Don understand = = so confuse haha … should be uptrend right ?? How come aa ??? Downtrend pulak, lagi year low pulak
Company Has released 11 Quarterly Result shown making profit right ?? But why aa the share price ?? Don understand = = so confuse haha … should be uptrend right ?? How come aa ??? Downtrend pulak, lagi year low pulak
Hi can someone help to elaborate? QR mentions that 12.7mil of profit is from negative goodwill. From Google it means there is a buy/sell of assets below valuation. So, in this case, the negative value is a gain(profit), but is arbb the buyer or seller of the assets?
@bosskufanboy, ahhh.. I also saw that. But could not find a direct mention that link the negative goodwill to that acquisition. So i also wonder whether the goodwill comes from the acquisiton of #1 or from share sale to Syntech (#2).
1. On 3 June 2021, ARB AI Agro Sdn. Bhd., an indirect wholly-owned subsidiary of the Company, had subscribed 90% equity interest of Digital Agrophonic Sdn. Bhd. for a total consideration of RM8,864,443.
2. On 25 June 2021, ARB Robotic Sdn. Bhd., an indirect wholly-owned subsidiary of the Company, entered into a Share Sale Agreement with Syntech Venture Sdn. Bhd. to acquire the entire equity interest of ARB Intelligence Sdn. Bhd. for a total consideration of RM9,400,000.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
alvinchua87
106 posts
Posted by alvinchua87 > 2021-08-09 12:07 | Report Abuse
Price drop to support+ QR soon,
Seems good to trade.