AWANBIRU TECHNOLOGY BERHAD

KLSE (MYR): AWANTEC (5204)

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Last Price

0.31

Today's Change

+0.005 (1.64%)

Day's Change

0.305 - 0.315

Trading Volume

358,100


27 people like this.

27,504 comment(s). Last comment by Income 3 weeks ago

CarGG77

10 posts

Posted by CarGG77 > 2019-05-22 04:06 | Report Abuse

Sure can not cancel just like that. Need to do something

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-05-23 09:27 | Report Abuse

Our emerging market is going to trigger the panic selling button hence our finance minister still sleeping

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-05-23 09:37 | Report Abuse

conman mana conman ????

create new id lagi ka ???


kah kah kah

Posted by KokManReturns > 2019-05-23 11:55 | Report Abuse

Tetekstay....

Will76

591 posts

Posted by Will76 > 2019-05-23 14:51 | Report Abuse

0.30 when QR released?

Posted by Cryptotrader > 2019-05-23 19:38 | Report Abuse

0.20

Posted by Cryptotrader > 2019-05-23 19:39 | Report Abuse

Closer to raya then will pump

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-05-24 10:17 | Report Abuse

“But it remains to be seen whether the government would really enjoy cost savings, considering the RM733mil legal case by Prestariang.

“If the government loses and has to pay RM733mil on top of the cost of the new system, we could be looking at a higher overall bill,” he said.

Seems like goverment have to pay the compensation..huhu

Megan88

360 posts

Posted by Megan88 > 2019-05-24 11:01 | Report Abuse

Doomed.. no project.. no compensation.. bye presbhd

Posted by DonaldTrumpMalaysia > 2019-05-24 22:12 | Report Abuse

beware guys...trade wars could trigger next stock market crash

Posted by Mike_klse > 2019-05-27 02:46 | Report Abuse

currently on the move for third attempt to break lower Bolinger Band with Stochastic under 20%. But the buying signal still not yet appear, so wait and be patient.

For counters daily updates, Technical and Fundamental analysis and TP
WhatsAp at 60 10 859 9233

Lol

129 posts

Posted by Lol > 2019-05-28 11:43 | Report Abuse

Cost saving...i don't think so? the fact is that home minister does not want to deal with presbhd...I just wonder how he gonna deal with presbhd in the court. Can we just cancel it without respecting spirit of contract...Who dare to make deal with PH? roti canai pusing kiri kanan

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-05-28 11:48 | Report Abuse

This is why all investor are slowly flee from our klci.langsung canot pakai this new goverment do thing..is ok..they how do we how vote.no more next term

paulthesotong

2,870 posts

Posted by paulthesotong > 2019-05-28 12:35 | Report Abuse

Apply in court injunction.. no new immigration system without compenstion.

Joslang

76 posts

Posted by Joslang > 2019-05-28 13:47 | Report Abuse

Can they proceed with the new system while presbhd has filed against them?

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-05-28 15:39 | Report Abuse

By right they canot unleast they settle the court case with presb 1st then only can tender this project to others

Joslang

76 posts

Posted by Joslang > 2019-05-28 16:30 | Report Abuse

But reported gov already sent out invitation for tender.. PH just do whatever they like.. no difference to BN..

arv18

2,662 posts

Posted by arv18 > 2019-05-28 18:46 | Report Abuse

is prestariang going to bid on this or not?

Lol

129 posts

Posted by Lol > 2019-05-28 20:50 | Report Abuse

presbhd nt goin to bid since they hav court case with gov

Posted by timeinvestor > 2019-05-30 17:37 | Report Abuse

No skin no worries. Price is cheap. Delicious

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-05-30 17:41 | Report Abuse

Though this quarter report will super bad but actually still ok..lose 4.5m only.yes and coming quarter it would be super green if goverment have to pay the compensation

Joslang

76 posts

Posted by Joslang > 2019-05-30 18:05 | Report Abuse

Gg.. hopefully PH will pay the compensation..

Posted by toffeemoose > 2019-05-30 19:00 | Report Abuse

I aldy said here some time back....gov aldy have intent not to pay huge compensation....looks like the case will go down the wire....some of people i know are part of the bidding process/lobby for the new tender...

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-05-30 19:07 | Report Abuse

Malaysia is not sakai country..im still confident we our country still have the law

Will76

591 posts

Posted by Will76 > 2019-05-31 10:16 | Report Abuse

Presbhd post Big QR loss. SKIN terminated, no chance for revival.

NO compensation from the Govt. Suit against the Govt will take years.

Since Presbhd suing the Govt, I suspect NO new contract for them.

Therefor, I suspect coming few QR will also be loss.

NO positive catalyst for Presbhd for now.

BE RATIONAL guys. Sell while its still HIGH

Joslang

76 posts

Posted by Joslang > 2019-05-31 10:55 | Report Abuse

Presbhd were consistently making profits prior to skin back in 2011-2016.. just wonder why they unable to replicate that? Because of BN influence back then??

Holyman

225 posts

Posted by Holyman > 2019-05-31 11:41 | Report Abuse

Bright side can still focus on ICT services n distribution segment. ' actively bidding for related new biz and grow'

Joslang

76 posts

Posted by Joslang > 2019-05-31 17:00 | Report Abuse

Will stay until presbhd gets compensation

Posted by Cryptotrader > 2019-05-31 18:25 | Report Abuse

When

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-05-31 19:45 | Report Abuse

Compensation have to make six month after the termination.22 july see how then..

Joslang

76 posts

Posted by Joslang > 2019-05-31 20:53 | Report Abuse

Pray to God everyday.. lol

Will76

591 posts

Posted by Will76 > 2019-06-02 16:06 | Report Abuse

Hi zerocool7199,

Come 22 July 2019, there will be no compensation from the Govt.

Thats why Prebhd is suing the Govt for 733mil as the Govt and Presbhd cannot come to an agreement on the compensation amount during their negotiation.

Now the matters is in the hands of the High Court. High Court might not agree with the amount that Presbhd demanded and give lower compensation depending on the presentation of case by both side.

Furthermore, the losing side can appeal to Appeal Court.

After that, the losing side can appeal to Federal Court.

All this LONG court process will likely take YEARS.

PLUS

Any compensation received by Presbhd after that may not benefit the minority shareholders.

Posted by Cryptotrader > 2019-06-02 18:19 | Report Abuse

Courts process will take 10 years. Gov offer 70m compensation. It is to the benefit of presbhd but management is greedy want 700m. Without immediate compensation then presbhd will sure be deslisted in 2 to 3 years time.. Pls don't blame gov... It is just managnt greedy.. Gov lose nothing.. 10 years later gov can afford to pay 700m but presbhd will not be around by then so gov not need to pay a single cents.

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-06-03 07:06 | Report Abuse

Haha..you both understand law or not wan??

Joslang

76 posts

Posted by Joslang > 2019-06-03 10:16 | Report Abuse

Zerocool, pls elaborate.. thanks

Posted by toffeemoose > 2019-06-03 11:11 | Report Abuse

Yes...during the negotiation months ago (which I aldy stated many times b4)...the compensation quoted was around the range of 50-70 mil...

Yes, its a damn small amount....smacks of strong arm (behind the scene) tactics by the PH govt.

And yes we have laws...but its painstakingly slow and there are many rounds of appeals and procedures...

It was a well known news among the companies trying to bid/lobby for the new tender, as the new project cannot be retendered until the compensation issues is closed.

Joslang

76 posts

Posted by Joslang > 2019-06-03 11:51 | Report Abuse

How do you judge presbhd as greedy? Unless you know the what's stipulated in the concession agreement.. if presbhd is entitled to 700mil in accordance to the compensation formula in the agreement then how are they being greedy?

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-06-03 14:02 | Report Abuse

Compensation amount im not sure how much will goverment have to pay.the thing assure is they have to settled the compensation b4 it retender to others company

Posted by toffeemoose > 2019-06-03 14:13 | Report Abuse

some govt tender works differently....sometimes the compensation is based on the percentage of work agreed to be done...

and in software development project, that are a lot big grey areas.....

example : how do you justify the mobilisation of your team (salaries and overheads) as 'work done' and paying them while waiting for tasks like requirement gathering and studies to be completed?

Let say the milestone in contract is 1 mil at that point of time, but you have invested 10 mil for the initial setup and salaries....unfortunately u can only claim based on 1 mil....

And there is the future loss of income....which is going to be a ding dong negotiation process.

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-06-03 15:11 | Report Abuse

When everyone unseen you then i knw this is the time..

Joslang

76 posts

Posted by Joslang > 2019-06-03 17:10 | Report Abuse

Any thoughts?

Lol

129 posts

Posted by Lol > 2019-06-03 18:46 | Report Abuse

who dare to work with this gov? they just waste money(fxxx our tax money gone like this way) and time...i wonder hw much poor gov able to compensate...u gt no money but u still want perfect system lol Lets see which company able to do this....

KWAP

109 posts

Posted by KWAP > 2019-06-04 02:48 | Report Abuse

Who sign the stupid agreement?

Posted by Joslang > Jun 3, 2019 11:51 AM | Report Abuse
How do you judge presbhd as greedy? Unless you know the what's stipulated in the concession agreement.. if presbhd is entitled to 700mil in accordance to the compensation formula in the agreement then how are they being greedy?

KWAP

109 posts

Posted by KWAP > 2019-06-04 02:49 | Report Abuse

Very clever PH.

Posted by Cryptotrader > Jun 2, 2019 6:19 PM | Report Abuse
Courts process will take 10 years. Gov offer 70m compensation. It is to the benefit of presbhd but management is greedy want 700m. Without immediate compensation then presbhd will sure be deslisted in 2 to 3 years time.. Pls don't blame gov... It is just managnt greedy.. Gov lose nothing.. 10 years later gov can afford to pay 700m but presbhd will not be around by then so gov not need to pay a single cents.

Holyman

225 posts

Posted by Holyman > 2019-06-04 15:00 | Report Abuse

732m x 5% = 37m x10 yrs=370 + 732= 1.10b after 10yrs. tqvm.

Joslang

76 posts

Posted by Joslang > 2019-06-04 15:11 | Report Abuse

Instead of continuing the project which is self-funded in a way where it would generate income to pay of the cost. Furthermore, government doesn't need to pay a single cent until it is up and running.. they choose to terminate it and create all these unnecessary hassle.. well done LGE and muhyiddin.. absolute idiots..

zerocool7199

1,238 posts

Posted by zerocool7199 > 2019-06-04 19:23 | Report Abuse

Maybe they want tender to their crony also..so sprm now is who ppl?bn or ph?haha.is ok la next term we can change back

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