KLSE (MYR): EDELTEQ (0278)
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Last Price
0.445
Today's Change
-0.005 (1.11%)
Day's Change
0.435 - 0.46
Trading Volume
929,900
Market Cap
237 Million
NOSH
533 Million
Avg Volume (4 weeks)
2,248,720
4 Weeks Range
0.405 - 0.52
4 Weeks Price Volatility (%)
52 Weeks Range
0.405 - 0.80
52 Weeks Price Volatility (%)
Previous Close
0.445
Open
0.455
Bid
0.445 x 4,600
Ask
0.45 x 30,000
Day's Range
0.435 - 0.46
Trading Volume
929,900
Latest Quarter | Ann. Date
30-Jun-2023 [#2] | 30-Aug-2023
Next QR | Est. Ann. Date
30-Sep-2023 | 30-Nov-2023
T4Q P/E | EY
75.28 | 1.33%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.08 | 5.56
T4Q NP Margin | ROE
19.64% | 7.39%
Sector: TECHNOLOGY
Sector: TECHNOLOGY
Subsector: TECHNOLOGY EQUIPMENT
Subsector: TECHNOLOGY EQUIPMENT
Description:
European stock futures slip after U.S. downgrade; risk sentiment hit
Stock Markets
Investing.com - European stock markets are expected to open lower Wednesday on concerns about slowing growth, while risk s
1 month ago
edelteq still bernyawa so paktua will fight hard here..
tut tut
hope on 7hb aug have good new
1 month ago
looks like Mi not going to let Edelteq get away with something. That writ summon is so freaking serious that they are getting all documents in Edelteq to be confiscated.
1 month ago
@Daily88, still it is an outside matter between the CEO and Mi Technovation as it doesn't involved with the company.
1 month ago
EDELTEQ Daily Momentum!
Closed @0.575.
Bear: 0.555.
Bull: 0.615.
Unwarranted Lawsuits!
"U guys settled at 'kopitiam"!
Pinang Judge.
Oscillator: Light Green!
Trade at your own Risk/Reward!
1 month ago
Latest News!
EDELTEQ has engaged lawyers to contest this action and the Anton Piller Order.
The Board has been advised that it has 'Good Grounds' to contest the Litigation.
The Board has also been advised not to disclose the contents of the Anton Piller Order until it is permissible to do so.
Business can be really challenging, but unwarranted to begin, from MI.
Neutral Sentiment!?
1 month ago
EDELTEQ Daily Momentum!
SMA 200 n 50: Indicate a Cross n green divergence!?
Pivot: 0.58
R1: 0.62.
Buy/Sell at your own Risk!
1 month ago
@ Go lucky Happy , i suggest you go understand the latest court case filed, what do you mean is outside matter between the CEO and Mi Technovation as it doesn't involved with the company?
The latest court case is about inter-alia for Breach of Confidential Information, Copyright Infringement, Patent Infringement, Conspiracy to Injure and Unlawful Interference with Trade.
9 defendants been named as well as all EDELTEQ company and its subsidairies. This is no longer outside matter in between CEO and MI Technovation.
On 27 July 2023, vide the Companies’ Notice of Application (ex-parte), the Penang High Court granted an Anton Piller Order allowing the Companies’ solicitors and independent experts to enter the Defendants’ corporate premises for the purposes of searching for listed items allowed by the Anton Piller Order. The said Order was executed and commenced on 31 July 2023 and is on-going.
In simple terms the company been searching for evidence of copyright, patent infringement. As for normal investors, the advise is to step sideline as we never know what would be the next thing to happen.
1 month ago
Paktua exit from here due to bad impact bu Court case..
tut tut
abit regret tapi adat trading ada masa kena make keputusan sukar.
1 month ago
they were smart people if they think there are no benificial to go fight in court they wont even bother fight back..all this seems like drama
1 month ago
dropping to 0.48 cent.. if cannot tahan above 0.48... titanic is coming to 0.36 cent..
1 month ago
News of intellectual property breach.. What will happen if Edelteq lose the court case? https://themalaysianreserve.com/2023/08/02/conflict-between-mi-technovation-and-edelteq-holdings-heats-up-over-alleged-breach-of-intellectual-property-rights/
1 month ago
Dow Jones
Dow Jones Industrial Average
34,474.83
-290.91
0.83%
Nasdaq
NASDAQ Composite
13,316.93
-157.69
1.17%
1 month ago
To further strengthen its case, Mi Technovation obtained an Anton Piller Order from the Penang High Court on July 27, 2023.
The order grants the company’s solicitors and independent experts the authority to access the defendants’ corporate premises and search for specific items relevant to the case.
The execution of the Anton Piller Order began on July 31, 2023, and remains ongoing.
TKO. another incoming news is incoming.
1 month ago
Mi Technovation filed a writ against Edelteq to the Penang High Court on July 19, 2023, involves claims of breach of confidential information, copyright infringement, patent infringement, conspiracy to injure, and unlawful interference with trade.
Buy on rumours, sell on news. Do not wait when the news come, it will be too late.
Market reaction is forward looking, current market action discount everything. do not beat the market.
1 month ago
Plus a combo from general sentiment for semiconductor outlook - current risk-reward is unappealing as there is limtied room for upside earnings surpirses, weak consumer sentiment, poor visibility.
1 month ago
Elmina plane crash: Second time Khairil Azwan involved in air crash, says close friend
https://www.thestar.com.my/news/nation/2023/08/18/elmina-plane-crash-second-time-khairil-azwan-involved-in-air-crash-says-close-friend
1 month ago
@faridfet - i'd only look at this stock after their court case settle. Doesn't make sense why Mi Technovation, another public listed company so boldly sue Edelteq for infringement: "breach of confidential information, copyright infringement, patent infringement, conspiracy to injure, and unlawful interference with trade". It is very likely they have strong proof to do this.
Edelteq could end up fighting all the way for this case (to end up losing), or pay a big sum to settle amicably. If either happens will be bad for their company balance sheet = bad for stock price. Or they could win and their stock price start moving upwards. It's like gambling here as we don't know the true story yet.
1 month ago
Insider said because of Mi Technovation has obtained an Anton Piller Order from the Penang High Court which the order grants the authority to Mi Tech and their independent experts to access all the Edelteq premises to search for specific items relevant to the case.. It is now has impact and stopping all the factory operation.. Edelteq current status could not deliver major job and subsequently will delay to do any order from their customer.
1 month ago
There is one off listing expenses of RM1.96 million. Excluding this the EPS is about 0.4 sen which is not bad.
2 weeks ago
welcome to 44c, as i have said before it is going down to this level. IF this break again below 43c, the next stop will be 37c.
6 hours ago
Go lucky Happy
Imo the court case between Edelteq CEO and Mi Technovation has nothing to do with the stock price going down recently. Maybe because some investors thought it may affect the company, they started to dispose off their shares in edelteq.
1 month ago