AWANBIRU TECHNOLOGY BERHAD

KLSE (MYR): AWANTEC (5204)

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Last Price

0.41

Today's Change

+0.01 (2.50%)

Day's Change

0.40 - 0.415

Trading Volume

136,800


24 people like this.

26,711 comment(s). Last comment by TonyS9 16 hours ago

Posted by New_Investor92 > 2022-03-29 00:47 | 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 the Kuala Lumpur High Court today fixed the next case management date on 11 April 2022.



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



This announcement is dated 28 March 2022.


How the hell they manage to postpone, seriously something wrong here!!!!!!!!

EVO118

1,438 posts

Posted by EVO118 > 2022-03-29 07:24 | 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 > 2022-03-29 09:34 | Report Abuse

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

EVO118

1,438 posts

Posted by EVO118 > 2022-03-29 09:39 | Report Abuse

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

EVO118

1,438 posts

Posted by EVO118 > 2 months 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

306 posts

Posted by Tiger I > 2 months ago | Report Abuse

its true big project annouce soon?

Tiger I

306 posts

Posted by Tiger I > 2 months ago | Report Abuse

any clue?

OngKawKaw

3,040 posts

Posted by OngKawKaw > 2 months ago | Report Abuse

ADA DURIAN RUNTUH LIAO

Posted by junwei1213 > 2 months ago | Report Abuse

suddenly go up, any good news on this stock?

Olele888

26 posts

Posted by Olele888 > 2 months ago | Report Abuse

tomorrow sure gao gao up

EVO118

1,438 posts

Posted by EVO118 > 2 months ago | Report Abuse

6 days to case management on 11/4

Posted by comebackkid > 2 months ago | Report Abuse

postponed again?

Posted by New_Investor92 > 2 months 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.

EVO118

1,438 posts

Posted by EVO118 > 2 months ago | Report Abuse

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

Posted by New_Investor92 > 2 months 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 > 2 months ago | Report Abuse

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

Posted by GrowthCapitalist > 2 months 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 > 2 months ago | Report Abuse

Sounds good

wsngsj

31 posts

Posted by wsngsj > 1 month 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

3,040 posts

Posted by OngKawKaw > 1 month ago | Report Abuse

BIG INCOME?

Wilson786

17 posts

Posted by Wilson786 > 1 month ago | Report Abuse

Homoseks flight to moonnnn

Wilson786

17 posts

Posted by Wilson786 > 1 month ago | Report Abuse

*tomorrow fly to moon

Wilson786

17 posts

Posted by Wilson786 > 1 month ago | Report Abuse

limit up

EVO118

1,438 posts

Posted by EVO118 > 1 month ago | Report Abuse

Need to wake up!

Posted by money_talk > 1 month ago | Report Abuse

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

Posted by Paktua Second > 1 month ago | Report Abuse

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

EVO118

1,438 posts

Posted by EVO118 > 1 month 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.

Posted by sekeri2001 > 1 month ago | Report Abuse

whats happening.

Posted by andylohehh > 1 month ago | Report Abuse

haha bodo punya counter..run while you still can

Mar2083

425 posts

Posted by Mar2083 > 3 weeks ago | Report Abuse

will fly soon
huat ar

TonyS9

3 posts

Posted by TonyS9 > 3 weeks ago | Report Abuse

Wtf got new contract also drop? Rubbish

EVO118

1,438 posts

Posted by EVO118 > 3 weeks ago | Report Abuse

21k turnover on that contract. Maybe that contract is really not worth it.

TonyS9

3 posts

Posted by TonyS9 > 3 weeks ago | Report Abuse

21k stated on mou?

Posted by GrowthCapitalist > 3 weeks ago | Report Abuse

Awantec/Iris/datasonic/ --> =-="

EVO118

1,438 posts

Posted by EVO118 > 3 weeks ago | Report Abuse

TonyS9
Sorry, I meant 21,000 shares traded at the time. It finish with 40,100 shares traded. Tells me that news is worth nothing.

Posted by Paktua Second > 2 weeks ago | Report Abuse

No hope already. Those who still hold, just sell it

Posted by Paktua Second > 2 weeks ago | Report Abuse

Don't believe false promises by so called Magic man

Posted by Paktua Second > 2 weeks ago | Report Abuse

I know you all here because of suggestion by Magic man

EVO118

1,438 posts

Posted by EVO118 > 1 week ago | Report Abuse

Up abit but still in a down trend, long way to climb back.

OngKawKaw

3,040 posts

Posted by OngKawKaw > 1 week ago | Report Abuse

AWAN BIRU DROPPED SO MUCH FROM IT PEAK??? MALULAH!!!!

EVO118

1,438 posts

Posted by EVO118 > 1 week ago | Report Abuse

Yeah, go and tell the BOD at the next AGM.

tingkap

896 posts

Posted by tingkap > 1 week ago | Report Abuse

If the Awantec write-off their trade receivables RM182.798 in 2022 then the big losses coming!!!
Refer page 135 Annual Report 2021. As at 30 June 2021, trade receivables amounted to approximately RM187.62 million (included an amount of RM182.798 million owing by the Government of Malaysia (“GOM”) in relation to the development of SKIN solution). The details of trade receivables and its credit risks are disclosed in Note 51.1(b)(iii) to the financial statements.

https://awantec.listedcompany.com/newsroom/Awantec_-_Annual_Report_202...

Posted by Skywalker00 > 1 week ago | Report Abuse

Duit kena hijacked. Hmmm sudah bayar gaji ‘consultants ‘...??

EVO118

1,438 posts

Posted by EVO118 > 18 hours ago | Report Abuse

"-------- the next hearing date has been scheduled on 4 July 2022 in respect of PSKIN’s application to hold a discussion between costs experts."

That is 7 days away. Hopefully it is not another one of those going around in circles.

TonyS9

3 posts

Posted by TonyS9 > 16 hours ago | Report Abuse

EVO118, don’t have hope in this hearing… should drag again… even won I don’t think the share price will move much judging from securing so many contracts

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