KLSE (MYR): AWANTEC (5204)
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Last Price
0.335
Today's Change
+0.005 (1.52%)
Day's Change
0.335 - 0.345
Trading Volume
960,400
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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...
1 month ago
"-------- 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.
1 month ago
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
1 month ago
Do you guys come here as suggested by Magic Man or Magic Room? I think you guys got scam already.
1 month ago
A guy who create a channel promoting stocks that he want to dispose his shares. It is quite popular in FB I think.
1 month ago
It was not common knowlege, but long before the SKIN bid there was always a connection between inside investors of Presbhd and Eduspec.
1 month ago
It is ok on how the management operate the company. But there is a man created a group said this can go up to RM3 and he end up not talking anymore regarding this counter. Such a bullshit guy. However all his followers said market is not good. Must keep patient. Haha. In fact he is already sold all his holding to the followers
1 month ago
No help needed so far. Still under control. Just to make people aware of this called Magic Room.
1 month ago
For me i didnt know magic man. I bought because of cloud is future. Tapi adui sakit hati tinguk price.
1 month ago
Good call TonyS9. That is all they can do and we have to wait until close of market the next day to tell us that!
1 month ago
EVO118, knowing the defendant is the GOM. Don’t have much expectation it will resolve soon. Even they do, the price won’t move a damn thing…
1 month ago
Still have to come to the party, it is a contract, can't get out of it. Unless there are some under table sweetners or contracts to major investors without the rest of the shareholders knowing. Well this is Malaysia, anything is possible.
1 month ago
This company doomed to fail. Previous CEO already recover his losses and then take leave
1 month ago
The GOM has got no money. Zafrul will need to provide some sort of a contingency funding in the event of an unfavourable outcome in his next buget before we can assume this is going to be resolved in the very near future. More likely we will have a new PM, Finance Minister, Attorney General as well as a new Chief Justice before we get any closer. That is how slow Malaysia gets things done. Still nobody in jail for all the corruptions after GE14
1 month ago
Any more slippery slide like this week , the BOD might end with no jobs after finding it impossible to hold off PN17.
1 month ago
What to do, we as retailer can either cut loss or show up in AGM and goreng the BOD
1 month ago
The 77mil cash balance from Right Issue and PP a year ago now left less than 20mil, and haven’t seen the company turnaround…. Yet the directors are being paid 1mil+ on 2021…. questionable…..
1 month ago
this BOD u think got face meh. No care to our face la.we goreng them also no laku one la. BOD fundekk...
1 month ago
Magic man said now time to collect. Haha. Such a bullshit. Actually he just want to dispose his final holding only.
4 weeks ago
Time for the management to start thinking of how to quickly expediate these legal proceedings before the next meeting on 20 July. Maybe cry poor and a prospect of delisting with the overhang of PN17. All the guilty party who cause the pin to be pulled on this SKIN project have since not in control, TM, MOO, Guan Eng, PKR. Should be easy to get a solution, no obstruction. Come to think of it the original SKIN project would have been up and running by now, instead of Malaysia still running with an outdated immigration system and probably need to spend millions of $$$ for an update soon.
3 weeks ago
Awantec’s pivot to cloud starting to bear fruit.
https://www.theedgemarkets.com/article/awantecs-pivot-cloud-starting-b...
3 weeks ago
3 as below;
I)teach some
II)shares review every one or 2 weeks
III)share recommendation or ask to buy or sell share u have.
Sifu Michael(with ang pow picture) in FB.
Charging rm 150 only.
Free one book if stay four month
2 weeks ago
0.38-0.40 ? You got to be kidding! Not going to happen until after 4th Aug and only if there is favourable decision in that litigation.
2 weeks ago
Observation. Looks like some sort of a stealth collecting. Unusual volume activity going on. Maybe some insider is quietly collecting. Is it the Litigation or Cloud deal?
2 weeks ago
Is Zafrul bringing sugar to Awantech for some connected UMNO members as a gift for their trust. Something for me, something for you as well.
1 week ago
CEO only came out to assure the investors after 6 months of his employment….then poof!!!….he resigned
1 week ago
Think there is really only one and true CEO Dr Abu Hasan. All the rest of the reshuffling or musical chairs of Directors is just a camouflage for whatever reason they only know.
1 week ago
So did they have a meeting to try and work it out? By the wording of the latest released statement it sounds like there was a meeting and it needed to continue further at a later date. ("........has been fixed for further case management......."). The previous released statement dated 19th July was worded differently ("............has been rescheduled to.......") which seems to indicate there was no meeting (postpone). It would be good if they can be more specific.
6 days ago
This LC counter just go F yourself, even institutions don’t wanna play this, management and board bringing investors to Holland…
6 days ago
3 years this thing went from 1.20 to 30 cents, with all the restructuring done all go to the bin… all the big tech are coming back this just hanging
6 days ago
Just playng Director's musical chair for distraction from the real job and objective of this company. Yeah it is Holland bound if they don't quickly get their act together or kiss some GOM officials' backsides for more lucarative contract.
6 days ago
This is what happen when the directors enrich themselves and not protecting investors… institutions dump
6 days ago
EVO118
Yeah, go and tell the BOD at the next AGM.
1 month ago