Aankondiging • Apr 29
Avangaad Berhad, Annual General Meeting, Jun 08, 2026 Avangaad Berhad, Annual General Meeting, Jun 08, 2026, at 09:00 Singapore Standard Time. Location: swan 3, level 7, the pearl kuala lumpur, batu 5, jalan klang lama, 58000 kuala lumpur, wilayah persekutuan, Malaysia Aankondiging • Apr 25
Avangaad Berhad, Annual General Meeting, May 28, 2025 Avangaad Berhad, Annual General Meeting, May 28, 2025, at 09:00 Singapore Standard Time. Location: majestic 2, level 3,the majestic hotel, 5, jalan sultan hishamuddin, tasik perdana, 50000 kuala lumpur, wilayah persekutuan, Malaysia Reported Earnings • Feb 15
Full year 2024 earnings released: EPS: RM0.17 (vs RM0.045 in FY 2023) Full year 2024 results: EPS: RM0.17 (up from RM0.045 in FY 2023). Revenue: RM122.7m (down 7.8% from FY 2023). Net income: RM154.3m (up RM130.6m from FY 2023). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 02
E.A. Technique (M) Berhad Announces Cessation of Office of Puan Mariam Binti Puan as Chief Financial Officer E.A. Technique (M) Berhad announced cessation of office of PUAN MARIAM BINTI PUAN as Chief Financial Officer due to Expiry of Contract. Date of change is November 30, 2024. Age is 58. The Senior Head of Finance will be assisting with the Company's financial affairs for the time being. Reported Earnings • Nov 16
Third quarter 2024 earnings released: EPS: RM0.021 (vs RM0.01 in 3Q 2023) Third quarter 2024 results: EPS: RM0.021 (up from RM0.01 in 3Q 2023). Revenue: RM31.6m (flat on 3Q 2023). Net income: RM27.6m (up 440% from 3Q 2023). Profit margin: 88% (up from 16% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: RM0.071 (vs RM0.015 in 2Q 2023) Second quarter 2024 results: EPS: RM0.071 (up from RM0.015 in 2Q 2023). Revenue: RM30.6m (down 9.7% from 2Q 2023). Net income: RM94.6m (up RM86.8m from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. New Risk • Jul 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 150% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Minor Risk High level of debt (117% net debt to equity). New Risk • May 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks High level of debt (117% net debt to equity). Market cap is less than US$100m (RM220.2m market cap, or US$46.8m). Reported Earnings • May 28
First quarter 2024 earnings released: EPS: RM0.013 (vs RM0.014 in 1Q 2023) First quarter 2024 results: EPS: RM0.013 (down from RM0.014 in 1Q 2023). Revenue: RM31.2m (down 9.1% from 1Q 2023). Net income: RM6.89m (down 8.0% from 1Q 2023). Profit margin: 22% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Aankondiging • May 01
E.A. Technique (M) Berhad, Annual General Meeting, Jun 24, 2024 E.A. Technique (M) Berhad, Annual General Meeting, Jun 24, 2024, at 12:00 Singapore Standard Time. Location: Mid Valley Southkey, 1,Persiaran Southkey 1, Kota Southkey, 80150 Johor Bahru Johor Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 and the Reports of the Directors and Auditors thereon; to re-elect Puan Aziah Binti Ahmad, who retires in accordance with Rule 27.1 of the Company's Constitution and being eligible, has offered herself for re-election; to ratify the payment of Fees of up to RM180,000 for the Non-Executive Directors from 1 January 2024 until the conclusion of the 30th AGM of the Company; to approve the payment of Fees of up to RM480,000 for the NEDs from the conclusion of the 30th AGM until the conclusion of the next AGM of the Company; To approve the payment of Other Remunerations comprising Committee Fees, Committee Allowances and Meeting Allowances to the NEDs from the conclusion of the 30th AGM until the conclusion of the next AGM of the Company; and to consider and approve other matters of business. New Risk • Mar 22
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$100m (RM169.8m market cap, or US$35.8m). Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: RM0.045 (vs RM0.038 in FY 2022) Full year 2023 results: EPS: RM0.045 (up from RM0.038 in FY 2022). Revenue: RM133.1m (down 13% from FY 2022). Net income: RM23.7m (up 18% from FY 2022). Profit margin: 18% (up from 13% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 22
E.A. Technique (M) Berhad Announces Demise of Encik Abdul Azmin Bin Abdul Halim, Independent and Non Executive Member of Audit Committee E.A. Technique (M) Berhad announced demise of ENCIK ABDUL AZMIN BIN ABDUL HALIM, Independent and Non Executive Member of Audit Committee. Date of change is January 3, 2024. Age is 70. Composition of Audit Committee: Datuk Mohd Nasir bin Ali (Chairperson, Independent Non Executive Director) and Aziah binti Ahmad (Member, Non Independent Non Executive Director). Board Change • Jan 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Board Adviser Abdul Bin Md Amin was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 28
Third quarter 2023 earnings released: EPS: RM0.01 (vs RM0.011 in 3Q 2022) Third quarter 2023 results: EPS: RM0.01 (down from RM0.011 in 3Q 2022). Revenue: RM31.7m (down 27% from 3Q 2022). Net income: RM5.12m (down 9.8% from 3Q 2022). Profit margin: 16% (up from 13% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: RM0.015 (vs RM0.008 loss in 2Q 2022) Second quarter 2023 results: EPS: RM0.015 (up from RM0.008 loss in 2Q 2022). Revenue: RM33.9m (down 11% from 2Q 2022). Net income: RM7.80m (up RM11.8m from 2Q 2022). Profit margin: 23% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
First quarter 2023 earnings released: EPS: RM0.014 (vs RM0.009 loss in 1Q 2022) First quarter 2023 results: EPS: RM0.014 (up from RM0.009 loss in 1Q 2022). Revenue: RM34.3m (up 12% from 1Q 2022). Net income: RM7.49m (up RM12.1m from 1Q 2022). Profit margin: 22% (up from net loss in 1Q 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: RM0.038 (vs RM0.28 loss in FY 2021) Full year 2022 results: EPS: RM0.038 (up from RM0.28 loss in FY 2021). Revenue: RM153.6m (down 4.3% from FY 2021). Net income: RM20.0m (up RM170.7m from FY 2021). Profit margin: 13% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Nov 24
Third quarter 2022 earnings released: EPS: RM0.011 (vs RM0.032 loss in 3Q 2021) Third quarter 2022 results: EPS: RM0.011 (up from RM0.032 loss in 3Q 2021). Revenue: RM43.2m (up 9.3% from 3Q 2021). Net income: RM5.68m (up RM22.9m from 3Q 2021). Profit margin: 13% (up from net loss in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 30
Second quarter 2022 earnings released: RM0.008 loss per share (vs RM0.004 loss in 2Q 2021) Second quarter 2022 results: RM0.008 loss per share (down from RM0.004 loss in 2Q 2021). Revenue: RM38.0m (down 30% from 2Q 2021). Net loss: RM4.02m (loss widened 77% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 21 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 02
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: RM0.009 loss per share (up from RM0.049 loss in 1Q 2021). Revenue: RM30.7m (flat on 1Q 2021). Net loss: RM4.60m (loss narrowed 82% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance. Aankondiging • May 02
E.A. Technique (M) Berhad, Annual General Meeting, Jun 13, 2022 E.A. Technique (M) Berhad, Annual General Meeting, Jun 13, 2022, at 12:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2021 and the Reports of the Directors and Auditors thereon; To re-elect Directors who retire in accordance with the Company's Constitution and who being eligible offer themselves for re-election. Reported Earnings • Feb 27
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: RM0.29 loss per share (down from RM0.22 loss in FY 2020). Revenue: RM160.6m (down 47% from FY 2020). Net loss: RM151.7m (loss widened 31% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 30
Third quarter 2021 earnings: EPS misses analyst expectations Third quarter 2021 results: RM0.032 loss per share (up from RM0.15 loss in 3Q 2020). Revenue: RM39.6m (down 40% from 3Q 2020). Net loss: RM17.2m (loss narrowed 78% from 3Q 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 01
Second quarter 2021 earnings released: RM0.004 loss per share (vs RM0.016 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: RM54.2m (down 42% from 2Q 2020). Net loss: RM2.27m (down 127% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Executive Departure • Aug 05
Non-Independent Non-Executive Director Abdul Bin Omar has left the company On the 1st of August, Abdul Bin Omar's tenure as Non-Independent Non-Executive Director ended after 1.5 years in the role. We don't have any record of a personal shareholding under Abdul's name. Abdul is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.58 years. Reported Earnings • May 29
First quarter 2021 earnings released: RM0.049 loss per share (vs RM0.009 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: RM30.9m (down 65% from 1Q 2020). Net loss: RM25.9m (down RM30.5m from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 16
Full year 2020 earnings released: RM0.22 loss per share (vs RM0.072 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: RM303.2m (up 12% from FY 2019). Net loss: RM116.0m (down 419% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 16% per year. Price Target Changed • Mar 16
Price target decreased to RM0.36 Down from RM0.44, the current price target is provided by 1 analyst. New target price is 64% above last closing price of RM0.22. Stock is down 8.3% over the past year. Aankondiging • Mar 11
Malaysia Marine and Heavy Engineering Sdn Bhd and E. A Technique (M) Berhad Enter into Settlement Agreement Malaysia Marine and Heavy Engineering Holdings Berhad's wholly-owned subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd (“MMHE”) had on 27 September 2018 received a Notice of Arbitration from E. A Technique (M) Berhad ("EATech") for a number of claims in relation to the contract for Provision of Demolition, Refurbishment and Conversion of Donor Vessel into a Floating, Storage and Offloading Facility for Full Development Project, North Malay Basin, hereinafter referred to as “the Contract”. EATech had, via a Letter of Award dated 9 June 2015 appointed MMHE as the Main Contractor for the Contract. During the period of the Contract, MMHE issued Additional Work Orders (“AWOs”) to EATech claiming payments for the work done. Disputes and differences have arisen between the parties in respect of the sum arrived under the Invoices and the AWOs. On 22 June 2018, EATech and MMHE had entered into an agreement via a Letter of Undertaking (“LOU”) in their effort to settle the sums due under the Invoices and the AWOs. The parties were unable to reach an amicable settlement paving the way for both parties to proceed with legal proceedings including Arbitration. The claims made by EATech in Arbitration are as follows: a) USD 8,733,753.97 being the over payment made by EATech in respect of the Re-measured Contract price; USD 9,000,000.00 being the sum paid by EATech under the LOU; and USD 4,009,643.75 being the expenses and costs incurred pursuant to the Contract. MMHE disputed the claims and counter claimed for the AWOs issued, the costs incurred as a result of extensions of time, and legal costs. MMHE was informed by its solicitors Messrs Mohanadass Partnership that they received the Final Award dated 10 November 2020 (“Final Award”) on 11 November 2020. Pursuant to the Final Award, the Arbitral Tribunal, amongst others, ordered EATech to pay MMHE a total of USD 29,520,172.65 and costs in the sum of MYR 4,686,398.16 (together with interest at 5% per annum from date of Award to the date of full payment). Under the Final Award, MMHE is not liable to pay any sum to EATech. Thereafter, EATech mounted several challenges to the Final Award including an application to refer questions of law arising from the Final Award pursuant to s.42 of the Arbitration Act 2005 (“Reference Application”) and an application to set aside the Final Award pursuant to s.37 of the Arbitration Act 2005 (“Setting Aside Application”) to the High Court of Kuala Lumpur. In parallel, MMHE applied to the High Court of Kuala Lumpur, on an ex-parte basis, for leave to enforce the Final Award pursuant to s. 38 of the Arbitration Act 2005 (“Enforcement Application”). On 15.2.2021, the Final Award was recognised as binding and MMHE was granted permission to enforce the Final Award as a judgment of the High Court in terms of the Final Award (“Judgment”). On 8 March 2021, the parties entered into a settlement agreement whereby EAT agreed to pay an agreed amount in full and final settlement of the disputes between the parties, subject to MMHE’s enforcement or execution rights to the amount due under the Judgment, less any payments made, in the event of EATech’s default of the settlement terms. The parties also agreed to withdraw all pending Court actions. Is New 90 Day High Low • Mar 08
New 90-day low: RM0.21 The company is down 28% from its price of RM0.29 on 08 December 2020. The Malaysian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 6.0% over the same period. Is New 90 Day High Low • Feb 10
New 90-day low: RM0.22 The company is down 29% from its price of RM0.31 on 12 November 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 25
New 90-day low: RM0.24 The company is down 17% from its price of RM0.29 on 27 October 2020. The Malaysian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: RM0.27 The company is down 17% from its price of RM0.33 on 09 October 2020. The Malaysian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 10.0% over the same period. Aankondiging • Jan 02
E.A. Technique (M) Berhad Announces the Retirement of Dato' Abdul Hak Bin Md. Amin as Managing Director of the Company E.A. Technique (M) Berhad announced the retirement of DATO' ABDUL HAK BIN MD. AMIN as managing director of the company, effective December 31, 2020. Reported Earnings • Dec 01
Third quarter 2020 earnings released: RM0.15 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: RM66.2m (down 5.6% from 3Q 2019). Net loss: RM79.0m (down RM85.7m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 02
New 90-day low: RM0.28 The company is down 14% from its price of RM0.33 on 04 August 2020. The Malaysian market is down 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Oil and Gas industry, which is down 16% over the same period. Is New 90 Day High Low • Oct 14
New 90-day low: RM0.32 The company is down 11% from its price of RM0.36 on 16 July 2020. The Malaysian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 6.0% over the same period.