meisarel Anyway current price is more or less the same as the entry price of TS Wong Asia Internet late last year.
With more good news coming, it should move way higher to justify the entry of Asia Internet into this smallish HTPadu
good observation. I think TS Wong entry price is in the range of 1-1.1
dont think he will just aim for 1.2-1.3, most probably 1.5 at least The joint forces of htpadu, myeg and s5 system will secure a big gov project i guess, lets wait for further announcement.
lee9fold....indeed the entry of Asia Internet sparked my interest in this counter. On its own, HTPadu seems to be inferior in terms of its capabilities.
Now since Asia Internet become the majority shareholder with 10.5% stake with Board representation in the name of Datuk Jaya from MYEG, things could be totally different.
With a few big ticket government IT contracts to be dished out this year (ID and NIIS), the outlook looks bright for this company. Over the past few months, HTPadu seems to be able to secure more government contracts and I reckon things are looking rosy for this co.
What more in this new normal, more and more company will have to embrace digitalization though IT.
@lee9fold you are correct, before. the mess and mismanage is overwhelming. now got new investor King TSW inside with Dato J to clean up the datacenter pau king
If can sustain above 1 then still healthy. Hopefully a base can be formed around this level, and when good news comes in then definitely it will move further upwards.
if the company still can not provide gd positive result with so many projects in hand esply the newly awarded rm120m project then the managements should b accountable & b...........
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lee9fold
4,730 posts
Posted by lee9fold > 2020-05-22 22:17 | Report Abuse
I thought might have sell down but it didnt, which means still got more news havent release, and some might be related to myeg