MarcusROE's comment on ARBB. All Comments
MarcusROE
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FACT 01: ARBB announced it plans to go for NASDAQ Listing. Then it posted on Q1 2023 they did submit but there was delay.

Result: Achieved. ARBB (NASDAQ) now listed and valued at US4.86 per share or market capitalisation of US$116million or RM522million. ARBB (Malaysia) owns 95% of ARBB (NASDAQ). The parent ARBB (M) now has current valuation of ONLY RM134million. Bear in mind that ARBB (M) has other business besides ARBB (NASDAQ) such as Cloud service and ERP.

How would you like to buy a house for RM134,000 but the house comes with gold bars worth RM522,000?

Do your math, if you must, please.

Disclosure: I am a shareholder of ARBB and ARBB PA. May continue to buy in next 72 operational hours of writing.

Sources:
ARBB IOT listing in NASDAQ, 2023, https://www.klsescreener.com/v2/announcements/view/4628521
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Ming Ooi
Dato give up bursa ,focus on nasdaq goreng better
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Kok Meng Lee
Nasdaq BS to con malaysia newbies
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Lowel Chong
https://www.google.com/search?q=arbb+nasdaq&oq=arbb+nasdaq&aqs=chrome..69i57j0i512l2j0i22i30l2j0i390i650.4120j1j4&client=ms-android-huawei-rev1&sourceid=chrome-mobile&ie=UTF-8
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Lowel Chong
Already goreng up in Nasdaq, but perform badly in Bursa..
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