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Volume mana? Seems like management is shaking legs in the office only. Won so many contracts along with a healthy order book but trading like some super penny stock. Cam sial
Companies like Elsoft & ECA are trading at >30 sen with over RM200m market cap while CLITE that is actually profitable is trading at this level with RM100mil cap. What a load of nonsense lol. This counter needs a re-rating badly.
My take: The ongoing legal dispute with IBSE certainly does not look good for a company that wanted to diversify from its O&G business into the EPCC segment. IBSE awarded a few TNB subcontracts to HAWK and within just a few months we're seeing news reports of alleged misappropriation. You think TNB would be comfortable doing businesses with these two entities going forward? Something to think about...
I can see many fake profiles/ insiders in the comments trying to con investors with the "rebound" and "oversold" narrative. Just click into some of these profiles and you'll notice that their last comment is 5-6 months ago and mostly about HAWK.
Took position at 0.365. The company needs to start converting some of their tenders ASAP as the order book is starting to thin out. Looking forward to the ride!