With the latest article from TheEdge citing "5G to facilitate boom in smart buildings", it reminded me that there is one other player in the market that is involved in the smart building business, and they had been doing this for 2019 and 2020.
And this particular company, would be - ARB BERHAD (7181).
Referring to the Non-Rated report published by MIDF, we can see that the company had in 2019 ventured with Perkasa Selalu Sdn Bhd to develop an intelligence modern lifestyle project located at the city of Daerah Kuala Lumpur with the JV value of RM 78.0 Million. What does this mean?
This mean that in the early of 2019, or to put it simply, ARBB is ahead of all the players in term of IoT smart home concept, they been promoting smart homes since 2019!
Now with the implementation of 5G in the next 2 years, I strongly believe that smart home will become the new norm, well, perhaps not in 1 or 2 years, maybe in 5 years? The growth would still be crazy!
As you can see, the CAGR growth for ARBB is up to 120%. I mean, this looks crazy, but if you think about it, it all makes sense. Are there any company that are riding on the ERP growth as well as the new smart home concept?
NONE.
So in 2021, my top stock pick would be ARBB, And this would be the next 10x stock for me!
https://klse.i3investor.com/blogs/gmarb/2021-01-01-story-h1538489657-THE_ONE_AND_ONLY_TRUE_PLAYER_IN_5G_SMART_BUILDINGS_ARB_BERHAD.jsp
