AWANBIRU TECHNOLOGY BERHAD

KLSE (MYR): AWANTEC (5204)

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Last Price

0.215

Today's Change

+0.005 (2.38%)

Day's Change

0.21 - 0.22

Trading Volume

1,025,700

Overview

Market Cap

170 Million

NOSH

790 Million

Avg Volume (4 weeks)

7,671,923

4 Weeks Range

0.15 - 0.405

4 Weeks Price Volatility (%)

25.49%

52 Weeks Range

0.145 - 0.555

52 Weeks Price Volatility (%)

17.07%

Previous Close

0.21

Open

0.21

Bid

0.215 x 228,600

Ask

0.22 x 203,900

Day's Range

0.21 - 0.22

Trading Volume

1,025,700

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2023 [#2] | 22-Feb-2024

Next QR | Est. Ann. Date

31-Mar-2024 | 25-May-2024

T4Q P/E | EY

-223.75 | -0.45%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.23 | 0.95

T4Q NP Margin | ROE

-2.01% | -0.43%

Company Profile

Sector: TECHNOLOGY

Sector: TECHNOLOGY

Subsector: DIGITAL SERVICES

Subsector: DIGITAL SERVICES

Description:

AwanBiru Technology Berhad (formerly known as Prestariang Berhad) is a Technology and Talent Pioneer that has evolved from being Malaysia's largest ICT software and training service provider to a leading Technology and Talent Services Platform Innovator.

Discussions
26 people like this. Showing 50 of 27,288 comments

xiaoeh

some said:
u want to make big money
u need to think and do opposite what mass is thinking and doing.............

1 day ago

fl888

Likely outcome will be no suspension and no waiver and upliftment from PN17 but RP extended for another 6 months in view of certain misunderstanding..

1 day ago

Realrich

Don't dream anymore if no suspension why bursa announcement the date of suspension 26 Arp? The awantec already 2 years didn't submit regulation plan. No more chance to extend. The only way is delisted those breach the listing rules. Do you think awantec can submit regulation plan for next 6 month? If also can't submit why SC want to extend? 2 years also can't submit.

1 day ago

11395861

Realrich.....Awantech like Serba Dinamik ke

1 day ago

fl888

Awantec got RM394.26 million contract with Redtone for myGovUC3.0 signed on 13-3-24….how to be like Serba Dinamik….worth to buy now

1 day ago

Realrich

fl888 so why can't submit regulation plan? Serbadk also alot contract why until now also suspended?

1 day ago

Realrich

If have a contract can exit pn17 and 803a. So many company also can sign contract

1 day ago

Realrich

给你功课你不交, 还要老师批准你永远不用交功课, 还不允许老师罚你下市 哈 这不是无赖吗

1 day ago

Noni

Serba 2.0?

1 day ago

speakup

think Redtone was forced by someone to help Awantec

1 day ago

WMY2188

Kalau rayuan diterima Bursa...Awantec fly

1 day ago

fl888

Looks like Awantec will be suspended on 26-04-24 due to time constraints and too many relevant authorities involved but will open for trading and fly in May…!

1 day ago

Realrich

The result will be delisted because awantec still continuing fight with government court case. SC will not allowed to extend or cancel the submission of regulation plan. Until now awantec still unable to provide a regulation plan meaning they are fail to meet the listing requirements. Their business cannot meet the regulation plan requirements so they totally don't want to provide a plan. Still dreaming waiver of submission. 26 Apr confirm suspend. Same as serbadk suspend 2 years at least. If you can wait 2 years you just keep it

1 day ago

comebackkid

Follow the $$$. Observe the trading pattern today and tomorrow and decide accordingly.

1 day ago

fl888

Buy now as this is how the market is rigged by operators....and relevant approving authorities....u loose, they win situation

1 day ago

Alipapapa

Awantec founder and institutional investor dump their share in market before stock trading suspend.

1 day ago

fl888

In view that this matter of Appeal has been escalated to the relevant regulatory authorities of Bursa for deliberation and decision, this matter can be decided quite fast…. Even delisted, Awantec can still operate as a private entity to rejuvenate….

23 hours ago

Realrich

Delisted meaning minority shareholder can't sell their share in open market anymore. Furthermore SC is government body. Awantec want to fight court case take money from government. Do you think SC will help awantec? Confirm not. SC will deny anything awantec request and fasten to delisted awantec

23 hours ago

NatsukoMishima

While it still worth 20 sens u better run right now , dont cry later become 2 sen or toilet paper !

21 hours ago

WMY2188

Apa macam Awantec nihh...🤕

19 hours ago

fl888

Jangan takut, beli saja…dengar semua akan OK…

18 hours ago

WMY2188

Nampak sudah mau rebound...

18 hours ago

linheng

NOSH is 790m shares. Current NTA without the award of 231M is $0.225. Award of 231m is equivalent to $0.2924.
Total is $0.5174 NTA. Last 2 Quater shows profit. Too undervalued

14 hours ago

Realrich

Delisted you can't trade anymore in open market. So the value should be below 5 cents as sdn bhd become toilet paper 25 Apr is the last day can run

13 hours ago

linheng

Haha. I buy Ageson at 3 cents. Delisy 8 months. Relist at 7 cents. More than 100% for holding 8 months. Ageson is a pariah stock compare to Awantech. Cash Rich Co making money. I can keep for 1 year. No worries.

13 hours ago

linheng

Don't be confused by "Suspended From Trading" and " Delisted". Even Serba Dynamic with all the false accounts is not delisted yet. Only suspended

13 hours ago

PepGuardiola

Congrats to all, bursa set to approve the appeal

12 hours ago

PepGuardiola

Awantec basically have a good fundamental not fraud like serba.

12 hours ago

linheng

..

3 hours ago

linheng

Awantech is cash rich and making profit for the last 2 quater. Revenue is abit small ie about 28m. Coming out with a business plan for doing new business is not a 'masak masak' game. You cannot jump into a new business with relevant personel and experience. That is the reason Awantech refuse to submit a regulalisation plan. AwanT wants to grow their current business organically. The are contracted by the Govt to migrate Govt data to Goggle cloud. All this insuniations that Govt is after Awantec is nonsense. Their SKIN wad taken away by Muhidden Y to be given to his son in law. Dsai knows that

3 hours ago

linheng

Now is a test if will between Bursa and Awantec management. Bursa wants Regulalisation plan ie basically a Plan to grow big business. Can be alot of bullshit stuff. Currently hot is ESG, EV or Solar.

3 hours ago

linheng

Awantech wants Bursa to uplift from PN17 so that they can access funding from Banks to grow their business.

3 hours ago

linheng

Bursa is doing alot of Bullshit stuff. Look at all the rights issue by penny stock company and burning away funds after that. Awantech management is commendable. They are not bowing to Bursa's nonsense. They have proven that their current business is viable. 2 consequtive Q of profit. Why need to change direction. No cash problem

3 hours ago

linheng

I got no fear. Just be prepared to hold 1 year is Bursa really suspend. Hold 1 year for 100% profit. Where to find. Just look at Ageson. Lousy co. Cannot even submit Acc and Director charge in court for falsifying documents. Pre suspension, I buy at 3 cents. After uplift from suspension I sell at 7 cents. More than 100% profit for holding 8 months

3 hours ago

Realrich

Yes gamble is waiting below 5 cents to buy a little to keep 1 years. But now 0.20 too high price for gamble to buy big or small

2 hours ago

Realrich

If gamble go genting is faster no need to wait 1 year you can get money immediately

2 hours ago

fl888

Fully agree with linheng,.....there is no risk, no gain.....all this and that can be corporate strategies by either directors, operators, regulators , manipulators etc to make money and exciting..

1 hour ago

Realrich

Those fighting with government case. SC will not allow them to remain listed in bursa. If awantec is able to provide regulation plan is better if not that is confirm to be delisted. The director already said that they are in a risk of delisted soon in their announcement

1 hour ago

linheng

Fully agree with linheng,.....there is no risk, no gain.....all this and that can be corporate strategies by either directors, operators, regulators , manipulators etc to make money and exciting.. - SPOT ON. Why you think the appeal the RM231m award. No need to let Bursa dictate terms. Alot of connect people waiting to buy. Chances are that suspend - no JALAN to make money. Wait for last min - No suspend and plenty of $ to scoop

1 hour ago

fl888

Escalated deliberation in KLSE today, with Redtone connection to Johore royalty etc ...expect an annoucement either today or tomorrow on Appeal case and to be fair to minority shareholders well being...

1 hour ago

Doraemon168

i)The reason why Awantech did not submit the regularization plan, as it's not necessary, as clearly indicated by :

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3439185
To further elaborate, the Waiver and Upliftment Application mentioned above was made pursuant to Paragraph 8.03A(5) of the Listing Requirements, which states that an affected listed issuer NEED NOT comply with the requirements set out in subparagraph (3) of Paragraph 8.03A of the Listing Requirements ie amongst others, to undertake a regularisation plan (which typically entails an acquisition of a new business that results in a significant change in business direction of the company or a fund raising exercise) that is subject to the approval of the relevant regulatory authority, provided that with reasons mentioned.

ii) Also, there is no reply from 'Waiver Request & Uplift' so far.

iii) Awantech has the absolutely right to appeal against compensation sum of 200mil+. It doesn't mean Awantech is 'fighting' with government. What's wrong with trying to appeal ? worst come to worst, they stick back to their original compensation sum of 200mil+.

iv) Not sure why some people said it will be delisted. Is it due to not submit regularization plan ? if so, please refer to i) and ii) for reference. Also, even if SC does not agree on i) and ii) , they will be given chance to do the regularization plan, within the suspension period/or not.

v) It doesn't make sense for Bursa to delist company that show improving profits based on last consecutives counters. Have a look at some of the counters who keep one bleeding quarter by quarters and yet they are still listed.

vi) Kindly check the background of current CEO. Also, not to forget, who's the one sapu during the panic sell on Friday ? Normal retailers after looking at KLSE comments, will they sapu on the low price ?

viii) Given the reasons above, the uncertainty is we do not know how long will it take for this counter 'active' back again, in case suspension still going on as usual, if there is no announcement within this 1-2 days.

As the saying goes, there is on sure win in stock market. Practice our risk management wisely. No one is pointing gun to buy this counter. Win already happy sendiri, if lose , then find someone to blame.

1 hour ago

xiaoeh

how many Awantec shares have u bought and hold Doraemon168?

1 hour ago

linheng

There are alot of Naysayers - But hoping to buy cheap. If I think a counter is rubish, I just delete from my Watchlist. No need to comment to save others

1 hour ago

Realrich

Refer to announcement the director say that they are facing delisted risk so they are appeal suspended. If they are not appeal of suspension. They will delisted. So the appeal result deny. Awantec will delisted very soon. Please go and read announcement

47 minutes ago

fl888

Just guessing : KLSE reply will be and might be No suspension in trading and granted extension to 13-10-24 for RP but no upliftment and waiver of PN17 status pending major developments arising...

46 minutes ago

fl888

Awantec Warrant conversion rate is 38.5 cts but seeing more interest and expiry date is November 2024 ...like this good omen for mother which is only 21.5cts....

27 minutes ago

Realrich

Tomorrow is last day good luck those buying toilet paper.

13 minutes ago

Doraemon168

RealRich, one thing i'm pretty sure is you do not have friends from corporate finance/lawyers that are involved in listed companies...

Kindly refer to experienced Remisier on how to interpret announcement correctly.

8 minutes ago

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