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

TeamRocket

4,633 posts

Posted by TeamRocket > 2020-06-22 16:04 | Report Abuse

Hi ongkawkaw, how are you?

Posted by desperado1694 > 2020-06-22 16:06 | Report Abuse

GO GO GO.....

TeamRocket

4,633 posts

Posted by TeamRocket > 2020-06-22 16:09 | Report Abuse

I just scroll through permaju, I saw a person named Q, This morning wishing the price to slowly go up , I guess Q is now panic selling already... this will happen here as well.

cicakman

7,833 posts

Posted by cicakman > 2020-06-22 16:19 | Report Abuse

Yes,I scroll and saw permaju is imminent..iimit up wooooooooooooorrr...
How,don't borrow your wife underwear

cicakman

7,833 posts

Posted by cicakman > 2020-06-22 16:22 | Report Abuse

Pernaju limit up..LOL.IMMINENTS.
DON'T CUT LOSS,JUST CUT YOUR KOTEI...

TeamRocket

4,633 posts

Posted by TeamRocket > 2020-06-22 16:24 | Report Abuse

Close red already la. Run earlier don’t want to run.

upshare

3,239 posts

Posted by upshare > 2020-06-22 16:30 | Report Abuse

0.60 is coming.....

eYuppie

403 posts

Posted by eYuppie > 2020-06-22 16:46 | Report Abuse

Dissapointed today, thought that its pending court case is a plus to it. But why selling force is so strong today?

Posted by stephenkai1996 > 2020-06-22 16:47 | Report Abuse

yeah no red

lee_m2020

4,829 posts

Posted by lee_m2020 > 2020-06-22 16:50 | Report Abuse

Wowww... Great .. that Private Placement has no negative effect to the current BULL run... Gogogo UP... news if any on Gov out of court likely this week!!!!

HandsomeGain

2,121 posts

Posted by HandsomeGain > 2020-06-22 16:57 | Report Abuse

Robotop, what is ur view for today?

upshare

3,239 posts

Posted by upshare > 2020-06-22 16:57 | Report Abuse

Tomolo more share will listed..... see the announcement...

11395861

417 posts

Posted by 11395861 > 2020-06-22 17:07 | Report Abuse

Dont panic.....be cool before Judgement Day.

RoboTop

1,170 posts

Posted by RoboTop > 2020-06-22 17:10 | Report Abuse

@Handsome.....
I got info.....today a lot of forced selling.....especially towards the end.....but they supported the stock....even though the selling pressure was too great. If there was no support....it would have closed red today.
Never mind.....consider today as a profit taking day. Lets focus on what lies ahead. Deep down I'm still confident that it would limit up soon.

ktrader

1,898 posts

Posted by ktrader > 2020-06-22 17:15 | Report Abuse

Private placement 48m shares only to start listing tomorrow..so Robotop might be correct ie heavy selling today are due to forced selling

upshare

3,239 posts

Posted by upshare > 2020-06-22 17:17 | Report Abuse

Tomolo going down... more share need to dilute in market...

cicakman

7,833 posts

Posted by cicakman > 2020-06-22 17:28 | Report Abuse

To absorb or cushion any selling,there was a play up at 55 to 57.5 cts as the selling and buying vol very much not on one sided only.CIMB know why they are buying.
Since most of retailer are on hooding piositions it is must big boys buying.
Not all subscribed PP are meant for short term.

upshare

3,239 posts

Posted by upshare > 2020-06-22 17:38 | Report Abuse

Heavy selling...at the end...

Posted by PanjiAlam55 > 2020-06-22 17:40 | Report Abuse

Tomolo morning heavy buy and afternoon heavy sell.. that's normal here..

Bemillion

1,968 posts

Posted by Bemillion > 2020-06-22 17:41 | Report Abuse

The push factor.... compensation as CA amounting $733 mil that matters most....

cicakman

7,833 posts

Posted by cicakman > 2020-06-22 17:41 | Report Abuse

You think CIMB is not aware of the PP and bought 24 millions shares last week.When buying there are no discussions by the head and expert ?

Posted by PanjiAlam55 > 2020-06-22 17:41 | Report Abuse

Tmrw is expected 0.600 level begin..

RoboTop

1,170 posts

Posted by RoboTop > 2020-06-22 17:43 | Report Abuse

@cicakman.....
I agree with you.

RoboTop

1,170 posts

Posted by RoboTop > 2020-06-22 17:47 | Report Abuse

Don't expect the road to glory is just like a walk in the park!

pradeep

1,324 posts

Posted by pradeep > 2020-06-22 17:53 | Report Abuse

I think distribution of the shares at a higher price and furthermore logically if you got the shared at 29 cent via private placement will you sell ? I myself cannot answer unless i know the settlement. Thiss eas a PFF project in other words you have to finance your own project and if the previous Govt terminated the project maybe because it was awarded during Barisan Nasional time maybe not at a reasonable cost so most project given back were at a much lower price. The same issue mayl arise if the Govt settle the matter at a much lower cost it will be a win win situation between the Gov and the company .Now what should be the price of this stock do you know? No one knows it is a 15 years time period. I cannot answer long term yes above Rm1.00 if the company can fulfill their obligation under the terms of the contract.

pradeep

1,324 posts

Posted by pradeep > 2020-06-22 17:58 | Report Abuse

I am prepared to accept comments that are logical if you think my comment or opinion is not right.

HandsomeGain

2,121 posts

Posted by HandsomeGain > 2020-06-22 19:04 | Report Abuse

Robotop. Thanks sharing ur review. Let's focus on coming few days trade.

pradeep

1,324 posts

Posted by pradeep > 2020-06-22 19:12 | Report Abuse

Bottom line be smart investors and we share our opinion so that everybody in our group here make a gain

lee_m2020

4,829 posts

Posted by lee_m2020 > 2020-06-22 19:42 | Report Abuse

Please check whether the Private Placement share can be sold immediately or got cooling / locking period to hold...

lee_m2020

4,829 posts

Posted by lee_m2020 > 2020-06-22 19:50 | Report Abuse

The award 3.5Bill was a reasonable price tag at that time because the gov at the time need to spend more money towards more critical sectors. Thus, Private Funded Initiative was created to finance the project.
15 years duration vs. 3.5 Bill is a reasonable too. I don't think a good gov to create a system haphazardly within 1 year and contract terminated after 3 years later. A good national security related systems should be developed and allowed to expand and evolve over longer period of time to survive various additional requirements emerging over a long period of time on aspects like cybersecurity, cloud, IoT, blockchain, data integration with various other systems etc.

In my OPINION, the original price tag by the BN gov was reasonable!!

Bemillion

1,968 posts

Posted by Bemillion > 2020-06-22 20:23 | Report Abuse

Yess lee i agreed with you..

Lee ..Wowww... Great .. that Private Placement has no negative effect to the current BULL run... Gogogo UP... news if any on Gov out of court likely this week!!!!
22/06/2020 4:50 PM


Private placement refers to a sale of stocks, bonds, or securities directly to a private investor, rather than as part of a public offering.

Bemillion

1,968 posts

Posted by Bemillion > 2020-06-22 20:27 | Report Abuse

Further more try to ubderstand what are the advantages of private placement?

This is a strategy that allows a company to sell shares of company stock to *a select group of investors privately* instead of the public.

Why?
Because private placement has advantages over other equity financing methods, including less burdensome regulatory requirements, reduced cost and time, and the ability to remain a private company

lee_m2020

4,829 posts

Posted by lee_m2020 > 2020-06-22 20:33 | Report Abuse

That Private Placement could just be anything including a vehicle co for the next election, knowing that the price will double or triple up!!!

lee_m2020

4,829 posts

Posted by lee_m2020 > 2020-06-22 20:35 | Report Abuse

i heard in the previous election, 3-4 Billion MYR were used to finance election

cicakman

7,833 posts

Posted by cicakman > 2020-06-22 20:42 | Report Abuse

Do you know that,even Minetec with esos of 0.05 cts got Sebadk co founder buying.Now CIMB on behalf buying even knew got PP but still buying.Why don't they wait?

Bemillion

1,968 posts

Posted by Bemillion > 2020-06-22 20:46 | Report Abuse

So .i strongly agreed with robotop analysis..and most of u here except for the naysayers...hahaaaa sorry..pls hve integrity ......and produce facts in what ever you. Says...why? Traders here are all smart ppl and will not bow to misleading info etc...... Ppl will catch up sooner or later..... ...and know when facts are produced and argued intellectually and not behaving like small boy...hahaaa

Bemillion

1,968 posts

Posted by Bemillion > 2020-06-22 20:50 | Report Abuse

Hve nice trading tomroww... TP 64...then .80....... Then $1.... God knows...but for sure heading north... See GOM in court 1-3 July....

upshare

3,239 posts

Posted by upshare > 2020-06-22 21:00 | Report Abuse

Ha ha....so easy....

Bemillion

1,968 posts

Posted by Bemillion > 2020-06-22 21:22 | Report Abuse

lee_m2020 i heard in the previous election, 3-4 Billion MYR were used to finance election
22/06/2020 8:35 PM.

Yess bro lee..i tend to agreed with u.... Very smart of u and open and factual..logic too...hahaaaaa .. far sighted..good chat mindset opener

Bemillion

1,968 posts

Posted by Bemillion > 2020-06-22 21:24 | Report Abuse

Reinstate..... Then pvt placenent for u...election..hahaaaa... As far we re concerned. Price stock up.. and reap the fruit....yesssss you re brilliant leeeeee

Bemillion

1,968 posts

Posted by Bemillion > 2020-06-22 21:25 | Report Abuse

Settle court case..all win win.....

Bemillion

1,968 posts

Posted by Bemillion > 2020-06-22 21:26 | Report Abuse

Twist turn left right..do not miss the boat .hehehee

kevinwkl

51 posts

Posted by kevinwkl > 2020-06-22 21:28 | Report Abuse

so it will go up max on 3july?

pradeep

1,324 posts

Posted by pradeep > 2020-06-22 21:39 | Report Abuse

If the contract is given back what should be the fair value of the stock ?

Bemillion

1,968 posts

Posted by Bemillion > 2020-06-22 21:44 | Report Abuse

Pradeep pls scroll previous chat..lots hve being said......hshaaaa

kevinwkl

51 posts

Posted by kevinwkl > 2020-06-22 22:04 | Report Abuse

please go to RM1 and above so we'll all earn together haha

pradeep

1,324 posts

Posted by pradeep > 2020-06-22 22:04 | Report Abuse

News just came out other companies are bidding for skin project which include myeg and Datasonic

pradeep

1,324 posts

Posted by pradeep > 2020-06-22 22:05 | Report Abuse

So the issue of compensation to be paid now

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