AWANBIRU TECHNOLOGY BERHAD

KLSE (MYR): AWANTEC (5204)

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Last Price

0.315

Today's Change

+0.005 (1.61%)

Day's Change

0.31 - 0.315

Trading Volume

179,100


27 people like this.

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

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 17:01 | Report Abuse

Wowww at 1659:56.... Still 100 lots bought... Buying mood Presbhd ... Well dun

cicakman

7,831 posts

Posted by cicakman > 2020-08-25 17:04 | Report Abuse

Zerro,it is clear mas!
What is that not clear.
Make money from bottom,add extra 2 cts value.
Bemillion has add value.

cicakman

7,831 posts

Posted by cicakman > 2020-08-25 17:06 | Report Abuse

Today 2 cts is 4 bids up.
Tommorow 2 bids up.

zerocool7199

1,238 posts

Posted by zerocool7199 > 2020-08-25 17:18 | Report Abuse

See the lousy pancit myeg and iris performance.many investor should feel kena the news road haha.prestariang tomrrow should have a good days

Vroooomm Vroooooooooooommmmmmmmnnnnn
Limit up V4.0 soon!!

RoboTop

1,170 posts

Posted by RoboTop > 2020-08-25 17:18 | Report Abuse

Crystal clear Presbhd is a cornered stock. No doubt 'Someone' is controlling the stock movement. Its very obvious at the closing when they scooped up 1.08.

newbe

1,299 posts

Posted by newbe > 2020-08-25 17:41 | Report Abuse

aiyo...i missed the boat...

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 18:04 | Report Abuse

I wish i were at the driving seat... Can corner when i wanted, to vrrroooomm when i feel like, to decelerate for a break at R &R to my liking..and vrooooooomm again at the expressway......

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 18:23 | Report Abuse

The so called awarded contract NIIS is just a making up ..RoboTop is the sifu in contractisation..he is well versed with the GOM sop i reckoned..from his writing in previous comments ... Not as simple as merry go round stories....

Even the GOM is at the wrong clearly in the disputes as well as purposedly selling and create nice stories of awarding contracts...to bla bla end of August.. Its again yet to be seen this week is the last week of august.. 28aug last day for aug...long weekend 31 aug on Monday.. Market reopen Tues 1 Sept....

I am very sceptical about GOM awarding contracts... Why? The disputes is yet to be resolved....CA $732 mil......liabilities. untill this issue is resolved then next step etc ..will then able to move..otherwise NO way GOM can kencing..NO More....
See how hot the 101 direct awards of contract by the previoys GOM.... Now in hot soup..... Its all hve weighting and may influence strongly the court case judgement... on 21 Jan 2021..

Wait and see maa

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 18:26 | Report Abuse

Preshbd holds the golden key...not to miss this

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 18:28 | Report Abuse

I anticipate that the EGM date soon and hopefully hve the offering1:3 RI ExDate soonest...

Surely push further the interest in stock price..no doubt

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 18:30 | Report Abuse

Many of you guys.....presbhd fighters be the new to be millionaire..hopefully.....

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 18:33 | Report Abuse

For those holding 10x 1000 lots @0.15 ( that time mac2020 cost Rm150k only).....now surely smiling bigggggggg........ Millionaire in the making) ... Thankful to God..gents

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 18:33 | Report Abuse

Gone all the naysayers etc....syyyhhhhh

richmao

490 posts

Posted by richmao > 2020-08-25 19:14 | Report Abuse

Qr reports by this Friday kan? Will have minor effect ma ?

zerocool7199

1,238 posts

Posted by zerocool7199 > 2020-08-25 19:29 | Report Abuse

Lol..till today to who buy prestariang really still got ppl see it this quarter report negative or positive??harlo..ppl who buying is see his coming BIG news la!!!

Posted by Christiano88 > 2020-08-25 19:36 | Report Abuse

@zerocool7199:Strongly agreed,hahaha

RoboTop

1,170 posts

Posted by RoboTop > 2020-08-25 19:49 | Report Abuse

Qtr report is irrelevent. Ppl should understand by now why the current share price is at RM1.08.

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 20:26 | Report Abuse

Thats why. Presbhd initiated. ... 1:3 RI (multiple proposals) and CEO HOA aquiring initiatives.

176,843,866 shares RI x . 20¢= $35,368,773.

CEO acquired 79,579,740 Shares x 0.35¢ = RM 27,852,909

Total of RM 63,221,682

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 20:26 | Report Abuse

To make the 20Q4....better and greeeeeen

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 20:28 | Report Abuse

What is the meaning of right issue of share?
A rights issue is a way by which a listed company can raise additional capital. However, instead of going to the public, the company gives its existing shareholders the right to subscribe to newly issued shares in proportion to their existing holdings.

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 20:31 | Report Abuse

Furthermore
In order to avoid dilution of stake of existing shareholders, company issues "rights" shares in proportion to their current holding. Presbhd sees this. It is done when the company plans to tap the market after their IPO.
Right shares are offered to the existing shareholders in a proportion to their existing holdings. In this case offered 1:3. Rights can be bought at a discounted price, within a stipulated time period by the company

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 20:33 | Report Abuse

In addition..Right shares are issued at a price slightly below the market price of shares prevailing at the time. This is done to encourage the existing shareholders to take up the shares and pay cash to the company.

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 20:36 | Report Abuse

Let see what are the advantages of right issue?
Advantages:
a Issuing rights helps promoters increase their shareholding. Shareholders can subscribe to an 'unsubscribed portion' of the issue, which elevates their shareholding. Issuing rights is the fastest method and the cheapest source of raising capital for a firm

b. Because the company receives shareholders' money in exchange for shares, a rights issue is a source of capital.

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 20:52 | Report Abuse

Normally ppl sceptical about RI and stock value after issued the right.

Lets understand what is IPO and rights issue?
In order to avoid dilution of stake of existing shareholders, company issues "rights" shares in proportion to their current holding. This is done when the company plans to tap the market after their IPO.

Normally ppl will tends to think that dilution will follow up. Yes in normal case its true to a certain quantum of stock value do shrink but absorbable later as the psycho market equilibrium stabilize .

The likelyhood is there because more shares are issued to the market, the stock price is logically tends to dilute and will likely go down a bit.....likely yes and no. Why!?

But in case of Preshbd , i strongly believe not much of depreciation because push and pull factor of RI issued is at very attractive price and the same amount of free warrant commensurate to the acquisition will be well absorbed the benefit to traders for sure.

Lets look why do companies issue right shares?
A rights issue is one way for a cash-strapped company to raise capital often for financial obligations operation..etc or as capital raising for projects in coming.

Shareholders can buy new shares at a discount for a certain period. and this is good for us traders.

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 20:59 | Report Abuse

Not to mention CA RM732 mil is waiting for Presbhd to venture into 2021 cash riched ....capital for further development and bz expansion looks lucrative enough.

Yess i hve full confidence and high success probability, mitigate all the risk ..sure Presbhd will be excellent lead by BOD and CEO of the highest esteem

Pls read through the BOD /CEO resume..biodata... To conccur what i said....

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 21:04 | Report Abuse

Hope its helps fellow traders to hve better knowledge...yeeah and not behaving like Danny alike... .Decisions is ours... Trade smartly and with knowledge...

richmao

490 posts

Posted by richmao > 2020-08-25 21:17 | Report Abuse

Thanks for the info haha, TBF i easy shake la hahah harap all boleh faham faham .
today last done at 1.06 but top at 1.08 macam good lolz

Sappyseb

30 posts

Posted by Sappyseb > 2020-08-25 21:18 | Report Abuse

@Bemillion, should mention the free warrants as additional incentive,

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 21:48 | Report Abuse

Got maaa refer 25/08/2020 8:52 PM yes i did mention. Paragraph 5 line no 3

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-25 21:51 | Report Abuse

Nite guys.. sleeping time

RoboTop

1,170 posts

Posted by RoboTop > 2020-08-25 22:28 | Report Abuse

Thanks Bemilion.....very informative indeed.

Sappyseb

30 posts

Posted by Sappyseb > 2020-08-25 22:53 | Report Abuse

My bad. Old already eyesight getting poor. Can see today is green. More green can improve eyesight. Hahaha! Good night everybody!

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-08-25 23:16 | Report Abuse

Green day not bad. Visit again next target Rm1.50

Posted by klcianalyzer > 2020-08-25 23:19 | Report Abuse

Let’s go 1.50

Boomer52

10 posts

Posted by Boomer52 > 2020-08-26 08:51 | Report Abuse

Good info in RI. Thanks Bermillion.

cicakman

7,831 posts

Posted by cicakman > 2020-08-26 09:47 | Report Abuse

Quiet quiet yar.

zerocool7199

1,238 posts

Posted by zerocool7199 > 2020-08-26 10:22 | Report Abuse

Sysssshhhh

cicakman

7,831 posts

Posted by cicakman > 2020-08-26 10:23 | Report Abuse

Want up ,just keep quiet.

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-26 10:37 | Report Abuse

Limit up yessssssss

Bemillion

1,968 posts

Posted by Bemillion > 2020-08-26 10:37 | Report Abuse

Something big is brewing.....do not miss the boat gentss

cicakman

7,831 posts

Posted by cicakman > 2020-08-26 10:39 | Report Abuse

Sysshhh.

RoboTop

1,170 posts

Posted by RoboTop > 2020-08-26 10:41 | Report Abuse

............

RoboTop

1,170 posts

Posted by RoboTop > 2020-08-26 10:45 | Report Abuse

Where is that loudmouth Danny??

RoboTop

1,170 posts

Posted by RoboTop > 2020-08-26 10:46 | Report Abuse

That loudmouth said it was going to 95c.....hahaha

cicakman

7,831 posts

Posted by cicakman > 2020-08-26 10:46 | Report Abuse

Eating popcorn in toliet..waiting for 18 cts.

Posted by Desmond Nah > 2020-08-26 10:48 | Report Abuse

nice...

RoboTop

1,170 posts

Posted by RoboTop > 2020-08-26 10:55 | Report Abuse

Recent high of 1.17 already broken.....today TP 1.30

zerocool7199

1,238 posts

Posted by zerocool7199 > 2020-08-26 10:56 | Report Abuse

Mana danny liao?i miss him..

RoboTop

1,170 posts

Posted by RoboTop > 2020-08-26 10:59 | Report Abuse

Hahaha......Danny boy disappeared already.....
can't bear to watch.....

bulldog

12,157 posts

Posted by bulldog > 2020-08-26 10:59 |

Post removed.Why?

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