ARB BERHAD

KLSE (MYR): ARBB (7181)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

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62 people like this.

25,724 comment(s). Last comment by 1paperplastic1 1 week ago

ykyew11

489 posts

Posted by ykyew11 > 2023-08-21 22:49 | Report Abuse

ARB IOT Group Ltd IPO to OTC speedrun? Just after 4 months of listing, it looks like there is a very real chance it will drop below $1 triggering the criteria for delisting. Seems like investors there are catching up on the idea that it is complete BS

felet404

123 posts

Posted by felet404 > 2023-08-23 10:21 | Report Abuse

ARBIOT NASDAQ less than 6 months dropped 50%, from 4 to 1.78 today, proved that Fatty Liew just want to make quick money, not into long term business. Website did not show any real software demo of the product, what a joke!

Posted by DrTraderv3 > 2023-08-29 17:08 | Report Abuse

This iot company cannot pakai la, just put ur money at real company like SMRT

Posted by BursaVulture > 2023-08-30 21:16 | Report Abuse

Trade Receivable up
Property, plant and equipment up
Cash and equivalents down
Net cash generated from operating activities 87m

got profit, still dont pay dividend meh?

thanos2020

245 posts

Posted by thanos2020 > 2023-09-01 09:48 | Report Abuse

From their latest quarterly report, looks like burning through their cash reserves, and trade receivables (=bad debt??) continue to grow sgnificantly 27mill compared to previous Y-O-Y. Sorry this doesnt look good, no dividends because the cash is for FatLiew & his cohorts to pocket...manade give to shareholders at all...

thanos2020

245 posts

Posted by thanos2020 > 2023-09-01 09:52 | Report Abuse

all those who exercised their ICPS earlier is like donating yr hard earned $$$ to him as charity, dun expect anything back ya...

There are plenty of dividend paying shares in Bursa with low receivables/cash rich, pls go for those instead....

ThunderZX

100 posts

Posted by ThunderZX > 2023-09-04 16:27 | Report Abuse

what dividend? this counter never payout dividend b4

ykyew11

489 posts

Posted by ykyew11 > 2023-09-04 23:01 | Report Abuse

This counter is different, investors pay "dividends" to the company

speakup

27,011 posts

Posted by speakup > 2023-09-06 20:26 | Report Abuse

https://focusmalaysia.my/arb-unveils-cutting-edge-iot-driven-ukm-arb-smart-laboratory-to-revolutionise-ai-driven-research/
owners still dont get it. promote the company thru events will not push up the share price. the only way to push up the share price is give dividend!

felet404

123 posts

Posted by felet404 > 2023-09-07 10:04 | Report Abuse

No real profit how to give you dividend? LOL

Posted by BursaVulture > 2023-09-10 22:24 | Report Abuse

Remember ARBB sign some MOU or something something with PotBoy? PotBoy close shop already, all 80 shops

https://www.tiktok.com/@surprisedeliverygombak/video/7276716893610757378?_r=1&_t=8fZShxRbi5w&fbclid=IwAR3-CEOtLnym9pPduR9GRCNb-4prW3LRkKsFS6W83jZ5ZwyWN4hN-6bEN54

Victim1

34 posts

Posted by Victim1 > 2023-09-11 11:19 | Report Abuse

Already said ageson, annum and arbb same boss same tactics signing mou to cheat investors

ThunderZX

100 posts

Posted by ThunderZX > 2023-09-11 17:23 | Report Abuse

Rip potboy & arbb investors

Posted by bl4ckmoon > 2023-09-11 18:26 | Report Abuse

Hi all, purposely created this account today, just to reveal that @foojjpoo is actually Larry Liew. So yeah, he does come in and read comments it seems. Familiar with his speech & writing mannerisms. The word 'wirte' gave him out. Not a recommended counter.

Posted by 774nanashi > 2023-09-12 11:17 | Report Abuse

What a genius ceo haha dont even know how to push up the stockprice, only know cheat ikan bilis. No wonder market don't give high valuation like sfptech

thanos2020

245 posts

Posted by thanos2020 > 2023-09-12 16:48 | Report Abuse

Potboy/ARBB...birds of a feather flocked together...

what now fatty liew? more MOUs? more multimillion POs from dubious companies?

Posted by RamlyBurgerEnjoyer > 2023-09-14 16:09 | Report Abuse

next step is siphon funds from market again lor

line

1,684 posts

Posted by line > 2023-09-18 10:39 | Report Abuse

The danger is those frustrated uncle n aunties… I think it was in SRI lanka or some country… the minister was stripped naked… imagine such thing … n nowadays everything is on the net…. How would the family it…

curiousq

1,083 posts

Posted by curiousq > 2023-09-18 10:44 | Report Abuse

this one poise to break new low record?

line

1,684 posts

Posted by line > 2023-09-18 11:48 | Report Abuse

*family take it…

line

1,684 posts

Posted by line > 2023-09-18 11:49 | Report Abuse

50 years from now, grandpa was stripped? Why? What he did?

line

1,684 posts

Posted by line > 2023-09-18 12:04 | Report Abuse

That time 100 mil would be like 100k….. n ppl would b wondering Why So much fuss for small money

ThunderZX

100 posts

Posted by ThunderZX > 2023-09-18 16:34 | Report Abuse

new low coming for ARBB?

ykyew11

489 posts

Posted by ykyew11 > 2023-10-03 16:22 | Report Abuse

Change Financial Year End --> Request extension for AGM --> ??? (Probably Auditor Resignation)

Typical shady SOP by ARB Berhad's management

felet404

123 posts

Posted by felet404 > 2023-10-04 15:29 | Report Abuse

So what is the excuse this time? Audit firm do not agree with the audit fee? Or Auditor not enough man power? Auditor on long vacation or sick leave? Or Audit firm caught fire?

Victim1

34 posts

Posted by Victim1 > 2023-10-12 11:22 | Report Abuse

You all still invest to the arbb, annum and ageson that keep changing auditor company, sec company, chairman, independent chairman? Still can believe this kind of company? Got so many court case and even director has charged to court on criminal case

soonning65

142 posts

Posted by soonning65 > 2023-10-18 16:21 | Report Abuse

ARB proposes to distribute shares in Nasdaq-listed unit to shareholders

https://theedgemalaysia.com/node/686552

ykyew11

489 posts

Posted by ykyew11 > 2023-10-19 10:32 | Report Abuse

ARB IOT Ltd's last closing price is $1.35, by the time this whole exercise is completed, I won't be surprised if ARB IOT got delisted from NASDAQ lol.

Seems like a last ditch attempt to drive interest into this counter

thanos2020

245 posts

Posted by thanos2020 > 2023-10-19 17:07 | Report Abuse

Yes, fatty liew is never so generous, just giving away future toilet paper (ARB IOT) to its shareholders to try to stir up some interest in ARBB/ARB IOT... any real cash frm ICPS conversion just keep for himself/his cohorts.

Probably US retail investors caught on, all those 'large profits' (receivables) generated with no substantial cash in their books/ same old modus operandi in Msia also

Fatty liew pls come up with something more creative than this.... you can't expect doing the same thing over and over again and expecting different results...pure insanity

felet404

123 posts

Posted by felet404 > 2023-10-19 22:40 | Report Abuse

Seems investors no longer trust fatty liew based on his track record, anyone with no shame, no credibilty and no integrity will not walk far. I see there is no point we put our hard earn money into this counter to enrich the irresponsible management.

WYapFC

7 posts

Posted by WYapFC > 2023-10-20 10:07 | Report Abuse

A Flash in the Pan.
Based on proposed share distribution of ARB-IOT Nasdag #1000-14, it's near equivalent to 1-1. An attractive value.

ARBB need to move into 0.15 region to make ARBB-PA saleable.
ARBB-PA auto conversion to mother share expiry is in January 2024.
Not likely that retail investors can push.

PeterMK28

12 posts

Posted by PeterMK28 > 2023-10-24 18:30 | Report Abuse

Dato Sri Larry Liew Kok Leong is using fake Dato Sri title. Why SC and Bursa allow them to cheat to share holder? They never do KYC to all director? SC and Bursa so lousy. Only protect the rich.

PeterMK28

12 posts

Posted by PeterMK28 > 2023-10-24 18:43 | Report Abuse

https://www.istiadat.gov.my/semakan-penerima-darjah-kebesaran-bintang-dan-pingat/

Liew Kok Leong name cannot search in the official Pingat website.
Larry Liew Kok Leong only got Dato from Pahang. Never get any Dato Sri. But he has claim himself Dato Sri since 2020

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3067591

This is public cheat. Why Bursa allow listed company director cheat to public. Larry Liew Kok Leong use fake Dato Sri to cheat credibility from public.

PeterMK28

12 posts

Posted by PeterMK28 > 2023-10-24 18:45 | Report Abuse

https://www.thestar.com.my/news/nation/2023/05/01/council-lodges-police-reports-over-people-with-fake-datuk-datuk-seri-and-tan-sri-titles

How can we report this fake Dato Sri Liew Kok Leong ? Can we write in to SC or Bursa?

Posted by sandra10001 > 2023-10-24 18:46 | Report Abuse

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ykyew11

489 posts

Posted by ykyew11 > 2023-10-25 00:38 | Report Abuse

Has anyone verified Liew Kok Leong's educational background? I feel that he might lie about it if he lies about his titles

Victim1

34 posts

Posted by Victim1 > 2023-10-25 12:45 | Report Abuse

Go complaint at istiadat istana at kl

PeterMK28

12 posts

Posted by PeterMK28 > 2023-10-25 16:05 | Report Abuse

https://istiadat.spab.gov.my/eApps/sdmscasepool/SdmsCasePool/add.do

Thanks Victim1, I found the link and did my complain. Others can please help to submit your complain as well? Hopefully more people complain, authority can take it seriously. I will email my complain to Bursa and SC as well.

Bursa Complaint
https://bursa2u.bursamalaysia.com/

SC Complaint
https://www.sc.com.my/investor-empowerment/lodge-a-complaint/capital-market-service-related-complaints

James Ng

2,704 posts

Posted by James Ng > 2023-11-03 21:07 | Report Abuse

[转贴] [Video:浅谈ARB BERHAD, ARBB, 7181] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2023-11-03-story-h-215980434

felet404

123 posts

Posted by felet404 > 2023-12-01 11:18 | Report Abuse

Fake account cannot last long, fake profit no longer sustainable, Fatty Liew is milking the company dry, good luck for the investors.

PeterMK28

12 posts

Posted by PeterMK28 > 2023-12-08 12:14 | Report Abuse

Please check the latest Quarter result. Under the cash flow statement, pg4, the Fake Dato Sri Larry Liew, spent RM 154M ++ to buy PPE, yes. RM 154 M for PPE, NOT inventory.
What is this??? IT company buy RM 154M PPE within a year? They are not buying any real estate/properties or land. What worth so much? Hahahaha. You don't know, I don't know, only Fatty Larry Liew knows.
Let see which auditor dare to take this job and sign the audit report.

Posted by BursaVulture > 2023-12-09 13:57 | Report Abuse

@PeterMK28

London Biscuit did the same too, PPE kept increase every year.

Posted by selosev922 > 2023-12-10 11:49 | Report Abuse

Gong Xi Fatt Chai!!!! Finally, more people questioning this shady management and start reading their QR report. Surprisingly those messages are still visible today. In those hype days my posts were got ban or randomly washed off with spam. But I still liked how they repeated the same company prospect with just single sentence for several QR :D
Giving American toilet papers to shareholders now lol what next? Happy trading, hold tight tight ya!

line

1,684 posts

Posted by line > 2023-12-13 09:38 | Report Abuse

Feel very sad for the family members of the directors if they really have cheated the public.

line

1,684 posts

Posted by line > 2023-12-13 09:40 | Report Abuse

50 years from now their great grandchildren will regret of having such ancestors. Hope no cheating involved.

line

1,684 posts

Posted by line > 2023-12-13 09:41 | Report Abuse

What happened to the university MOUs? Iot for development…. Etc… I m sure SC must have detected if anything fishy was there….

line

1,684 posts

Posted by line > 2023-12-13 09:44 | Report Abuse

Malaysian securities commission can’t be missing things if they want international investors….

felet404

123 posts

Posted by felet404 > 2023-12-15 10:47 | Report Abuse

Karma will hit back these conmen for sure, is just the matter of time. In the meantime, law enforcer probably can start investigating this company perhaps by talk to the ex finance managers or staff that left the company, see if there is any misdeed done by the MD or top management, which we strongly believe there is.

Musang King

1,047 posts

Posted by Musang King > 2023-12-15 14:53 | Report Abuse

https://www.arbberhad.com/

Musang King

1,047 posts

Posted by Musang King > 2023-12-15 18:13 | Report Abuse

This ARBB-PA will be automatically converted to Mother Share upon expiry on the 15 Jan 2024 at the ratio of 1 Mother Share for 14 PA. Just in time to complete their Dividend Distribution exercise this coming 27 December 2023 EGM. Upon conversion to ARBB shares, ARBB distributes 14 ARB-IOT shares listed in Nasdaq for every 1,000 ARBB Shares that you are holding. Wow. What a Good Way to add new Nasdaq listed shares into our Portfolio? Guess we should buy ARBB shares now or add more ARBB-PA to get them automatically converted on the 15/1/2024 for our brand new experience of holding or and trading in the Nasdaq counter in the future. At least we get to feel of trading in the New York Stock Exchange under Nasdaq.

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