AWANBIRU TECHNOLOGY BERHAD

KLSE (MYR): AWANTEC (5204)

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Last Price

0.51

Today's Change

-0.015 (2.86%)

Day's Change

0.51 - 0.525

Trading Volume

130,300


24 people like this.

26,701 comment(s). Last comment by EVO118 5 days ago

Posted by DanielChuah > 2 months ago | Report Abuse

Friend, most glove counter owner also sbb their share price at peak. did the counter shoot up ?
don't buy and sell based on director activity la
plus, i don't think many short term trader in this counter anymore.

TonyS9

9 posts

Posted by TonyS9 > 2 months ago | Report Abuse

So you think can buy for long term?

OngKawKaw

3,006 posts

Posted by OngKawKaw > 2 months ago | Report Abuse

AWANTEC DIR CHEAP NOW. PARKING SIKIT TUNGGU DURIAN…

Posted by New_Investor92 > 2 months ago | Report Abuse

Any news from the court? It seems they been prolong the verdict for quite some time>

Posted by KenGoh5666 > 2 months ago | Report Abuse

I think that's the main problem of this counter... The price react like the company is depending on the compensation to survive... But you know they're suing the GOM which may takes years to resolve... There's still a case management after 2 to 3 years into the lawsuit... Price did not react even there's good earning and huge contract.. What if they drag again??

Posted by DanielChuah > 2 months ago | Report Abuse

There is business coming in. its not like a company who solely depends on the compensation.
Compensation is just a bonus.,
Patience will pay off

TonyS9

9 posts

Posted by TonyS9 > 2 months ago | Report Abuse

What you think the TP will be?

Posted by New_Investor92 > 2 months ago | Report Abuse

Thanks EVO118. Of course, we can't rely on the compensation only to survive in the market. Having a huge pile in bank is not necessary the company will do well but we need more project and less expenditure to get the company keep going.

I just don't see this company doing well in term of cloud service. They had alot of engagement with Google and other yet nothing positive from their side. Let see after 1st April and looking forward to it.

EVO118

1,335 posts

Posted by EVO118 > 1 month ago | Report Abuse

"D-Day" today for this long saga, might be even longer saga like after election.

Posted by comebackkid > 1 month ago | Report Abuse

any idea what was the outcome? Postponed again?

EVO118

1,335 posts

Posted by EVO118 > 1 month ago | Report Abuse

The never ending saga of Awantech. How do they manage to get away doing this? Why can't they just get into it and make a decision. Are the GOM going to pay interest in compensation for the additional lost time should the court case goes against them? Surely there must be a valid case for lost opportunity cost due to actions of the GOM in consistently postponing this.

EVO118

1,335 posts

Posted by EVO118 > 1 month ago | Report Abuse

It was ONLY suppose to be a case management not a full court case. They only need a court registra ( no judge ) with both sides of the litigation to hammer it out to see if they can come to an agreement or need to settle it in court with a judge.

Posted by comebackkid > 1 month ago | Report Abuse

coincidence postponed to 11/4/2022. same day as Special Parliment sitting.

EVO118

1,335 posts

Posted by EVO118 > 1 month ago | Report Abuse

Don't think that has anything to do with anti party hopping sitting.

TonyS9

9 posts

Posted by TonyS9 > 1 month ago | Report Abuse

So another case management after this still have hearing?

EVO118

1,335 posts

Posted by EVO118 > 1 month ago | Report Abuse

A case management is an alternative to getting an out of court settlement. In the event it does not happen then we will get the long process of a court hearing before a final decision as well as the amount to be determined if needed.

Tiger I

304 posts

Posted by Tiger I > 1 month ago | Report Abuse

its true big project annouce soon?

Tiger I

304 posts

Posted by Tiger I > 1 month ago | Report Abuse

any clue?

Tiger I

304 posts

Posted by Tiger I > 1 month ago | Report Abuse

sudah move kaa? can buy already?

OngKawKaw

3,006 posts

Posted by OngKawKaw > 1 month ago | Report Abuse

ADA DURIAN RUNTUH LIAO

Posted by junwei1213 > 1 month ago | Report Abuse

suddenly go up, any good news on this stock?

Olele888

26 posts

Posted by Olele888 > 1 month ago | Report Abuse

tomorrow sure gao gao up

EVO118

1,335 posts

Posted by EVO118 > 1 month ago | Report Abuse

6 days to case management on 11/4

TonyS9

9 posts

Posted by TonyS9 > 1 month ago | Report Abuse

Looks like they cannot maintain at 60 cent, case management not going well?

Posted by comebackkid > 1 month ago | Report Abuse

postponed again?

Posted by New_Investor92 > 1 month ago | Report Abuse

We refer to our announcement dated 15 April 2019 and series of subsequent announcements thereafter in relation to the legal proceedings by PSKIN against the GOM.



The Company wishes to announce that during the case management held today, the next hearing date has been scheduled on 4 July 2022 in respect of PSKIN’s application to hold a discussion between costs experts.



The Company will make the necessary announcements on material developments in respect of this matter from time to time.



This announcement is dated 11 April 2022.

Posted by money_talk > 1 month ago | Report Abuse

got progress mah....now got experts to evaluate the compensation cost. maybe until end year need to hold la.

EVO118

1,335 posts

Posted by EVO118 > 1 month ago | Report Abuse

PATHETIC . Is that all they can do on a case management?

Posted by New_Investor92 > 1 month ago | Report Abuse

Seriously, i have no comment on this but there are few things can be done to hasten the process.

1. They should get the verdict first before they evaluate the cost for the compensation. It is pointless for them evaluating without having a final judgement.

2. I feel these people really dragging and aint giving shit to this company.

Posted by software guy > 1 month ago | Report Abuse

continue drop..... below 50 cents soon.

Posted by GrowthCapitalist > 1 month ago | Report Abuse

@software guy, i don't think it would drop below 0.50. It would touch 0.510(maybe) but i doubt it else hovering around 0.545 only.

This company balance sheet is very healthy and they could just survive with it only. Besides, they EPS back to normal and if it improves along the way, by all means those holding it would be rewarded.

Just look at this 2 figures and keep some cash for emergency fund. Don't forget aite. All the best. <3.

ddd ccc

555 posts

Posted by ddd ccc > 1 month ago | Report Abuse

Sounds good

TonyS9

9 posts

Posted by TonyS9 > 1 week ago | Report Abuse

This junk just reflecting it’s true valuation

wsngsj

30 posts

Posted by wsngsj > 1 week ago | Report Abuse

https://www.klsescreener.com/v2/news/view/988729

Under the terms of the agreement, Awantec Systems will be appointed the exclusive partner to Google for the provision of its services to the Malaysian government.

Awanbiru said the agreement is for a period of 35 months commencing on Feb 1, 2022, and expiring on Dec 31, 2024.

OngKawKaw

3,006 posts

Posted by OngKawKaw > 1 week ago | Report Abuse

BIG INCOME?

Posted by Wilson786 > 1 week ago | Report Abuse

Homoseks flight to moonnnn

Posted by Wilson786 > 1 week ago | Report Abuse

*tomorrow fly to moon

Posted by Wilson786 > 1 week ago | Report Abuse

limit up

EVO118

1,335 posts

Posted by EVO118 > 1 week ago | Report Abuse

Need to wake up!

TonyS9

9 posts

Posted by TonyS9 > 1 week ago | Report Abuse

This kind of good news won’t wake this up I don’t know what will…

Posted by money_talk > 1 week ago | Report Abuse

Gua tak tau mau cakap apa. New suda keluar tapi tak mau jalan. Lepas Serba kot. sabar yea semua!!!

TonyS9

9 posts

Posted by TonyS9 > 1 week ago | Report Abuse

Expiry Esos meaning they don’t take up any?

Posted by Paktua Second > 6 days ago | Report Abuse

Means it is over valued. Who want to pay premium? Expect to go down soon

EVO118

1,335 posts

Posted by EVO118 > 5 days ago | Report Abuse

The BOD might as well close up shop and refund our investment. What is the point of not looking after shareholders but the Directors' fat fees.

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