Australian (ASX) Stock Market Forum

AR9 - archTIS Limited

easy come, easy go

got to be quick (I wasn't; doing the vacuuming)
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Most ++ of the volume and value traded today was between 17c and 22c so any traders using candlesticks be careful how you interpret the bar for today.

still happening in this range. I have either
a) resisted the temptation to take some profits (when closer to 17), or
b) missed the opportunity to lock in some gains (when pushing towards 22c).
 
still happening in this range. I have either
a) resisted the temptation to take some profits (when closer to 17), or
b) missed the opportunity to lock in some gains (when pushing towards 22c).
You appear to be on a winner @Dona Ferentes, so in your shoes it's a long term hold, unless you want to play a trading game.
Given a big take-up at 5.5cents there are many who now can sell and triple their investment.
I am going to see where this one lies at the end of the week and see if the profit takers drop its price a few more cents.
As I own no tech stocks, this one looks the pick of the blossoming crop.
 
more of this please

• archTIS’ has successfully renewed two software maintenance and services contracts with the Commonwealth worth $400,290.
• The renewal of these contracts demonstrates the continued value and recurring nature of software services to the Commonwealth govt.

(although I asked my stepson, working in DoD and with a contractor on vehicles, and he's not heard of archTIS)
 
more of this please

• archTIS’ has successfully renewed two software maintenance and services contracts with the Commonwealth worth $400,290.
• The renewal of these contracts demonstrates the continued value and recurring nature of software services to the Commonwealth govt.

(although I asked my stepson, working in DoD and with a contractor on vehicles, and he's not heard of archTIS)
It’s a lousy name. Needs changing.

gg
 
archTIS has been recently featured in the ABC News program "The Business", discussing the latest trends on Australian and international market, including the recent rise of tech stocks during the global pandemic.

"COVID-19 has seen the challenge of the workforce move from an office environment to a remote environment, of course Kojensi is a software-as-a-service cloud platform for secure content collaboration, so it fits that bill from moving to that work-from-home environment," Mr Lai observed.

Links to the program and story can be found below.

https://www.abc.net.au/news/programs/the-business/

https://www.abc.net.au/news/2020-07-15/tech-stock-bubble-warnings-amid-coronavirus-rally/12455410
 
Broad Changes

Board reduced to 3 persons; Advisory Panel set up (... for next phase). The Citadel bloke is now Chair and the 'spurts in the panel
 
Cyber security report out today:
https://www.homeaffairs.gov.au/cybe...s/2020-cyber-security-strategy-iap-report.pdf

https://www.homeaffairs.gov.au/about-us/our-portfolios/cyber-security/industry-advisory-panel
Apart from Telstra CEO Andy Penn, the panel includes Tesla chairman Robyn Denholm, Vocus chairman Bob Mansfield, local CEO Northrop Grumman Chris Keeble, NBN Co's chief security officer, Darren Kane and Kirstjen Nielsen, formerly US Secretary of Homeland Security in the Trump administration.
The advisory panel's report calls on the government to "empower industry to automatically block a greater proportion of known cyber security threats in real-time including initiatives such as ‘cleaner pipes'."

- now on 18 June, which company signed a contract with AR9? why; Northrop Grumman!
 
AR9 going mad. Hit 27c today on volume and persistent buying.

(quite happy to cede the notional July comp win to @Garpal Gumnut, for the real $$ lift to my holding)
 
ho hum Quarterly
ASX speeding ticket
5 day chart (1 minute)
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