I like arbb being ambitious… but I don’t like they simply dreaming n not even showing track records of projects. Not even scheduling demo, for products…. That’s why I encourage the public to check price fluctuations, esp when profit is announced. N also think why profit up but share price down… why so much shares just sold after profit announcement. this is despite at 50% of the peak price….
No? It qualified one single requirement for Nasdaq? No?
I know u will say they did bursa announcement….. do u know most of the SC staff are highly “educated” but can easily cheated? Take khazanah and fortis deal…. Kena con buta buta
@line I do not agree that SC people are not smart. If that's the case, the whole Malaysia equity market is doomed.
As to the Nasdaq listing case, yes it is not easy and requirements are surely in place, but like I had mentioned previously, the current price had yet to factor in the potential listing of ARB subsidiaries in Nasdaq, hence no inherent increase in your risk and reward.
line I do not agree that SC people are not smart. If that's the case, the whole Malaysia equity market is doomed.
As to the Nasdaq listing case, yes it is not easy and requirements are surely in place, but like I had mentioned previously, the current price had yet to factor in the potential listing of ARB subsidiaries in Nasdaq, hence no inherent increase in your risk and reward.
Of course it does affect the risk… if the management focuses on dreams rather than goals… the public is basically in trouble
@line It doesn't. If you are familiar with corporate resources planning, every company would have a certain "dream" department for them to do R&D or, increasing value generation for their stakeholders. If they don't, then a company is sure to lose out to competitors or new disruptive businesses over the long run. As for dual listing onto Nasdaq, it is obvious that it would change the landscape of how investors view the company, hence a re-rating potential for the company.
In ARB's case, they only made an announcement because the market had already been talking about it, you may cross check on various social media platform about it, and to prevent rumors to go on, they have to announce it. Announcing their plan also freed them from being questioned by SC later on.
I wanted to highlight to you that risk is a premium you paid for uncertainty. And the price paid is usually added to the share price, and in ARB case, a definition of increased risk is equivalent to a significant jump in share price, which in ARB's case, didn't.
@Presidentjib, please go through the requirement and check the current status. After achieving one milestone, they have to monitor another 2-3 years before can be considered. By the way I’m going to list on Nasdaq as well.
The company hasn’t attracted any substantial investors. But if u ask me, the main reason: the boss looks fishy. I mean his looks. Nampak Tak Pandai. N sometimes he talks nonsense. Example listing on Nasdaq when arbb hasn’t got any of the requirements even for one year. Doing MOU with local universities, etc.
Standard No. 1: Earnings The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the previous two years at least $2.2 million, and no single year in the prior three years can have a net loss.8
Standard No. 2: Capitalization With Cash Flow The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. Also, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.8
Standard No. 3: Capitalization With Revenue Companies can be removed from the cash flow requirement of the second standard if their average market capitalization over the past 12 months is at least $850 million and revenues over the prior fiscal year are at least $90 million.8
Standard No. 4: Assets With Equity Companies can eliminate the cash flow and revenue requirements and decrease their market capitalization requirements to $160 million if their total assets total at least $80 million and their stockholders' equity is at least $55 million.
Main market-listed ARB Bhd has set plans to list its Internet of Things (IoT) business on the US NASDAQ Stock Exchange (NASDAQ).
According to a filing with Bursa Malaysia today, the proposed listing hopes to accelerate the company's IoT operations over the next few years as technological and economic breakthroughs in the last two years have paved the way for exponential growth in the future.
A value trap is a stock or other investment that appears to be cheaply priced because it has been trading at low valuation metrics, such as multiples in terms of price to earnings (P/E), price to cash flow (P/CF), or price to book value (P/B) for an extended time period.
Executive director Datuk Sri Larry Liew Kok Leong said the majority of the proceeds raised will be utilised for the venture into the provision of customised hydroponics Internet of Things (IoT) systems and solutions for the agriculture industry.
"ARB has an established track record and expertise in IoT solutions.
"Therefore, we intend to encompass the key features of existing IoT technologies into the hydroponics IoT solutions," he said in a statement today.
At the company's extraordinary general meeting (EGM) held on 24 December 2021, 98.2 per cent of ARB shareholders who voted gave the green light for the right issue exercise.
Hydroponic is an efficient farming technique that promotes rapid growth, higher yield and better quality of crops.
Hydroponic farming is a modern technique involving using water to replace soil to grow plants.
Hydroponic systems can be established on various scales, with the large-scale covering acres of land to grow crops for commercial purposes.
Features such as sensors, which are connected to the internet, can be installed in trays filled with water and nutrient solutions to monitor temperature, moisture, lighting, humidity and the pH of the water built within the system.
Larry said IoT solutions are set to transform the agriculture industry.
The specialised equipment, wireless connectivity, software, and IT services can help to ensure optimum application of resources to achieve high yields, improve crop quality, and reduce operational costs.
Smart farming is highly efficient when compared with the conventional approach.
The company said this opportunity arises due to the demand for food from the exponential growth of the world population, shrinking agricultural lands and depletion of finite natural resources.
According to BI Intelligence survey, it is expected that IoT devices' adoption in the agriculture industry will reach 75 million in 2020, growing 20 per cent annually.
At the same time, the global smart agriculture market size is expected to triple by 2025, reaching US$15.3 billion as compared to being slightly over US$5 billion back in 2016.
IoT and AI are two of the hottest topics in tech, which is a good reason why enterprise technologists must understand them. The two technologies are very symbiotic, so it's critical to plan for how they can support each other to benefit enterprise users.
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 > 2022-04-20 22:04 | Report Abuse
Look arbb have not even fulfillef one requirement. Seeing our SC, no one will invest here…. Ppl are just announcing their dreams