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ARBB (7181): ATURMAJU RESOURCES BHD - A strong technical breakout for this company

 

Recently, a stock had came under my radar for it's strong technical breakout from the double bottom consolidation level. The company would be ARB Berhad (7187), another company with crazy profitability but yet the stock price has not reflected in it's value yet!

The funny thing is, this company was also under the leadership of Dato Larry Liew, as he is relatively new in both Construction, Property Development, Mineral Trading and Technology sector, I suppose people in the market do not believe one man could achieve such feat.

Truth to be told, I had my doubts too. But when a company is starting to deliver profit and cash, sometimes we just have to listen to the numbers, don't we?

This would speak the same for ARB Berhad's technical outlook.