Those investor sure emo sial, drop too heavy . GG But recently their cosec thing macam very famous in market oh. This comment is funny - Internet of things Its basically Automation ? haha.. everyone would be able to do on their own. you think playing facebook ke ? hahahahahaha...
Did you heard before don catch the falling knife and don fight against the trend especially downtrend … those who don listen, buy the deep , today market teach you a lesson LOL
reading from the news..... 12cent RI price... doubled liabilities... if u following BCMALL, this ARBB seems more room to fall further... eventhough future revenues could be improving...
Firstly, massive rights issues of PA Then drastic improvement in sales n profit Then annouce a lot of projects or MOUs Then many write ups to promote the co in I3 etc
Most of the time Right Issue are not good for smallshareholder and in short to medium term.
History repeatedly show that the mother share will come down to RI issue price and some time even lower after RI.
Example now you hold 24 cent. Right Issue price 12 cent. Normally mother price will be press down near right issue price. Even before u subscribe right issue, u will paper lost 50%.
If u are so in love and confident with the stock, i think better sell first and buy lower.
It still bad taste, as they already do right issue 3-4 year ago but still want to do it again? Its like doping to the company while diluting smallshareholder and earning.
Plus they do RI to fund IoT hydrophonic project. As we all know hydrophonic commonly relate with farm in the city where land is limited. Then why at Gua Musang? Will the internet at Gua Musang will be stable for this project? This pilot test, they should prove it by utilizing small land in a city then show that it can maximize space, safer product and optimize output.
Finally if the company is in good condition and keep generating profit why need RI? Why there is no individual investor come to invest by private placement?
I believe IoT is the future, the market will grow and can be profitable business. But this company just keep mopping money from the market without rewarding it smallshareholder.
ARB: Sets up R&D unit to commercialise research, patented technology. ARB announced the setting up of a wholly-owned subsidiary ARB Lab SB (ALSB), the company's research and development (R&D) unit to focus on information technology (IT) and Internet of Things (IoT) to strengthen the innovation ecosystem in Malaysia. (Business Times)
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....
line
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Posted by line > 2021-11-05 12:49 | Report Abuse
Dont support.... they are throwing