Forgot to mention that the company paid RM 218 million dividend income (pg 92) to subsidiary companies (I guess.. it's important to find out who are the shareholders of those subsidiary companies as well).... Corporate income tax paid so little and dividend paid so much?? can like this meh hahahhaha... Dividend is supposed to be paid out from after tax profit figures.... so... in a way, the company secretary is also liable for failing to protect investors' and LHDN interest... Does ARB even has the right to have 'cloud cosec' service without SSM approval? Something to ponder upon
You can clearly see the funds in the company account have been bleed dry from huge write-offs and huge commission paid out to other companies. i hv already disposed of this junk and its toilet paper ARBIOT. Good luck to you all...lesson learned, scrutinized future so -called "good companies" on their sales to dubious companies/huge trade receivables/cash flow derives mainly from their shareholders (conversion of ICPS, warrants. etc)
Also take note of amateurish website as a huge red flag. Never again!
omigosh, better followup with your broker if u still havent received it yet...ARBIOT is turning into another ARBB turd if u still holding it...
fatty liew already jumped ship laughing his way to the bank, and the company is headed by an independent director/ ex-company secretary..take the hint ya where the company is heading..
Just remembered this shitty company out of the blue and found out that con artist Liew has already left after robbing shareholders. His legacy? Two rights issue, multiple changes in auditors and a 90% drop in share price since his appointment, I suspect the BOD is also in it as well.
Decided to take a look at their website and it still listed con artist Liew as the executive chairman when it has already been 6 damn months since he have left lol. Since their goal is to con investors, they need to at least put the bare minimum effort. At least update the damn website la, so called IOT company that uses wix lol
Just remembered this shitty company out of the blue and found out that con artist Liew has already left after robbing shareholders. His legacy? Two rights issue, multiple changes in auditors and a 90% drop in share price since his appointment, I suspect the BOD is also in it as well.
Decided to take a look at their website and it still listed con artist Liew as the executive chairman when it has already been 6 damn months since he have left lol. Since their goal is to con investors, they need to at least put the bare minimum effort. At least update the damn website la, so called IOT company that uses wix lol
all these companies purely suck on investors hard earned savings and fattened themselves by paying high director fees and salary despite company not performing well.
HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI. This announcement is dated 15 July 2024.
================
List of high NOSH penny stocks with shares consolidation :-
You can fool some people some time but you cannot fool all the people all the time. Con investor would be blacklisted by Bursa. Logic! Use your brainer to think before deciding not to buy ARB shares
The person that follows this page is the most delusional person I ever seen. And I am embarrassed to follow such negative statements. If the rumour is right, Bursa would have blacklist ARB. Think before you speak! Owing people money or rather running away shares is an illegitimate business. Well, I will hold on my shares as I exercise rationale business judgment.
Quite funny to see now ARBB is using staff as cybertrooper to white wash the counter, please don't fool yourself ok? I believe a lot of investors see there is fishy thing going on with the counter, if not, why the counter ended up at this stage? Not only ARBB, same to AGES or ANNUM, all counters related to your boss. Look at ARBIOT from NASDAQ! Tell me what is going on? "Rumour spread till USA?". I bet you don't even hold a single share. Lol!
Oh by the way, are all your sales involves in selling among subsidiaries or company from same boss? can you please check with your boss? Can't be a coincident by reading all the comments from all these three companies, your boss seems to be the talk of the town? Guess I cannot wake someone who pretend sleeping.
Stock market is governed by Campbell Curve. There is earning and losing money in stock market. Nobody can guarantee sure earning. When you buy the shares you must prepare that the investment modal could be lost! Common sense, nobody uses a gun to force to buy. The choice is always yours. I will hold on ARB shares for the long run.
Whatever kind of business mana ada selalu untung punya. Ada kali untong, ada kali hari ni rugi. Saham ini utk melabur long run... Dan x sesuai utk trading. Kena faham ye semua. Jikalau x fhm, jgn sentuh
Funny to see suddenly got new cybertroopers come and white wash this counter. Lol. Anyhow, those who cheated shareholders money will face their own karma one day, enough said. God is watching you!
Impressed by the stellar performance and robust growth of this company! It's clear that it's a solid choice for investment. Highly recommend considering buying shares in this promising enterprise!
Do you know how to read financial report to begin with? What you mean by stellar performance? Are you kidding yourself? By the way, you can create 10 more new accounts, you can't run away from facts. Moving money from left pocket and put it in right pocket and you call that Sales Revenue? -3159% QoQ and you call that robust growth? Hope you stay long enough to continue your cybertrooper work.
Many more. ARB is not here to fit in. Stock market up and down which is very normal in commercial world. To be a hybrid, a flow of contradiction. What is return earnings if there isn't down? I said what I said
Don't worry, it's listed in NASDAQ. Now you'll understand the meaning of karma. Just pray to God so you won't face it because mercy overthrows judgement.
After reviewing the Companys Quarterly Report for Q2 2024, there are a few key points that stand out for us as new investors right? such as 31% increase in revenue for this quarter
i think the CRM segment is paying off as moving forward the company will be more focus on CRM as it shows potential for continued revenue expansion and also the positive net cash flow from operating activities amounting to RM 12.6 million for Q2 2024 is a strong indicator of COMPANY ability to generate cash from its core operations, seems like a good sign for me to invest
Also the company commitment to investing in AI, cloud computing, 5G, IoT, and hyper-connectivity is promising. These technologies are at the forefront of the digital transformation wave, and the company’s focus on these areas could position it well for future growth and market leadership
but base on the QR Q2 why there is dilution of interest in subdidiaries amounting to RM2.5 mill? maybe the company might be restructuring to focus on more profitable or strategic areas, which could pay off in the long run? if yes it a good sign hehe
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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....
bl4ckmoon
3 posts
Posted by bl4ckmoon > 2024-04-24 01:17 | Report Abuse
Forgot to mention that the company paid RM 218 million dividend income (pg 92) to subsidiary companies (I guess.. it's important to find out who are the shareholders of those subsidiary companies as well).... Corporate income tax paid so little and dividend paid so much?? can like this meh hahahhaha... Dividend is supposed to be paid out from after tax profit figures.... so... in a way, the company secretary is also liable for failing to protect investors' and LHDN interest... Does ARB even has the right to have 'cloud cosec' service without SSM approval? Something to ponder upon