Posted by foreverchung > 2019-04-24 15:23 | Report Abuse

Keyword might, its just 3.30pm :) Wait and see got or not ba.

I may be wrong too!

@christ cs2020 - Fund manager.

Posted by foreverchung > 2019-04-24 17:26 | Report Abuse

Hmmmm, looks like I'm wrong afterall !

Posted by Icon8888 > 2019-04-26 12:25 | Report Abuse

Boss buying

Posted by JayC > 2019-04-26 16:05 | Report Abuse

abcd, what kind of material announcment? please share

Posted by JayC > 2019-04-26 16:11 | Report Abuse

I want to post some research i done:-

Trackwork take over is RM43.50

Tranche 1 = 20m CASH
Tranche 2 = 11.5m share @ RM1 = RM11.5
Tranche 3 = 7,787,151 unit @ 0.7705 = RM6

Total 1 to 3 = 37.5 , balance 6m tranche 4 is when profit guarantee of RM12 is met

So if you buy now, you are getting at lower cost compared to takeover price

Posted by Icon8888 > 2019-04-29 09:55 | Report Abuse

bought more at 75.5 last week

Posted by JayC > 2019-04-30 15:20 | Report Abuse

wow, great news. slowly going into rail business

Posted by 镠公公 > 2019-04-30 17:42 | Report Abuse

Contract mari non stop. Cash rich. What are u waiting for

Posted by accurate > 2019-05-02 16:02 | Report Abuse

Cimb will increase TP after Q result

Posted by JayC > 2019-05-02 16:53 | Report Abuse

AWC is included in RHB top 30 small cap jewel for 2019

Posted by JSoang Ooi > 2019-05-02 17:03 | Report Abuse

and yet the price is keep dropping

Posted by Veron_teo > 2019-05-02 17:35 | Report Abuse

because klse will be downgraded soon.

Posted by Heavenly PUNTER > 2019-05-02 17:36 | Report Abuse

please avoid, yours sincerely PUNTER. I had 1 year of experience with this counter.

Posted by accurate > 2019-05-03 10:25 | Report Abuse

add more

Posted by RainT > 2019-05-03 12:01 | Report Abuse

what is the growth story of AWC?

Posted by Heavenly PUNTER > 2019-05-03 12:04 | Report Abuse

King of ESOS

Posted by Heavenly PUNTER > 2019-05-03 12:05 | Report Abuse

Oh May not yet, very soon, wait few more days, you sure see exercise of ESOS

Posted by foreverchung > 2019-05-03 14:48 | Report Abuse

Mmmm, today got healthy volume.

Posted by 3iii > 2019-05-03 20:26 | Report Abuse

5 Years Account 2014 to 2018

Total Net Income 75.838.5m
Total Net Operating Cash Flow 17.337m
Total Capex 11.555m
Total Free Cash Flow 5.782m
Total Dividends 7.889m



Year 2018
Sales 303.978m
Account Receivable 147.453m
Acc Receivable turnover 2.06x


Balance Sheet is healthy.

Little debt.

Net Cash positive.


Comments:

1. Poor quality earnings. Most of the earnings are not collected in cash but in receivables. The days in receivables are very long, almost 180 days.

2. Due to poor quality earnings, despite total earnings of 75.8m, the total net operating cash flows was 17.3m from 2014 to 2018. Minus the Total Capex of 11.6 for the period, its total FCF for the 5 year period was 5.782m (or 1.156m per year).

Posted by Heavenly PUNTER IB (#1 Won't Disappear Suddenly) > 2019-05-03 21:14 | Report Abuse

Don't forget the large amount of ESOS on issue as well, GOOD WAY TO DILUTE AWAY YOUR EPS AND DPS, just like how I add water to my orange juice! Management also like to acquire companies through equity financing, more water for dilution, thus the valuation!

Posted by upsidedown119 > 2019-05-06 11:29 | Report Abuse

Depends on what you want to focus on. What about the ECRL? AWC's trackworth is in good position to get contracts, 40% of which is ear-marked for locals.

Miss Malaysia may have a tiny mole on her arm. If you want to focus on that, then sell lah.

Posted by patrickteo > 2019-05-07 10:22 | Report Abuse

Looks good, all in

Posted by raytheclay > 2019-05-22 10:42 | Report Abuse

Qtr results should be out next week. If there are no negative surprises, financial results should be good with Trackworks profit guarantee. One lacking item is the company has no clear dividend policy.

Posted by Sean888 > 2019-05-23 13:25 | Report Abuse

If next week only release QR..shud be gg result...based on last 3 years, good result released on 21th of may...

Posted by tokohM > 2019-05-23 16:56 | Report Abuse

why in previous qtr result , their prospect for future qtr is optimistic with guaranteed contributions from Trackworth but the price is keep dropping?

Posted by Kc Teh > 2019-05-23 17:35 | Report Abuse

is time to buy. good shelter from market uncertainty

Posted by hng33 > 2019-05-27 16:03 | Report Abuse

bought awc at 70sen

Posted by tokohM > 2019-05-27 16:31 | Report Abuse

hng33, are you avg down or just bought because bargain price?

Posted by foreverchung > 2019-05-27 17:36 | Report Abuse

Congrats all shareholders, not a bad result.

Posted by Davidl > 2019-05-27 19:59 | Report Abuse

Qtr result is acceptable, time to accumulate!

Posted by sbg3106 > 2019-05-27 21:39 | Report Abuse

only up 1% with so strong orderbook.

Posted by phye > 2019-05-27 21:40 | Report Abuse

Lowest in Revenue, Profit, Margin compare to pass few years. Is there any good potential you read from the QR.

Posted by Kc Teh > 2019-05-27 23:11 | Report Abuse

profit almost break new high, Q4 may be able to do so. as Q4 always highest profit. anyhow, this year EPS will defnitely break new high.

Posted by foreverchung > 2019-05-28 12:43 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/05/28/cimb-research-retains-add-for-awc-tp-rm1pt26/

Posted by Davidl > 2019-05-28 14:54 | Report Abuse

Ok, will add more when price coming down to 0.65

Posted by anticonman > 2019-05-28 15:53 | Report Abuse

72 sen dividend 0.5 why not a con stock?

Posted by anticonman > 2019-05-28 15:55 | Report Abuse

Long term below 50 sen if dividend cannot increase.

Posted by hng33 > 2019-05-28 16:14 | Report Abuse

sold back AWC at 71.5-72.5sen

Posted by upsidedown119 > 2019-05-28 16:20 | Report Abuse

Unusual volume today.

Posted by wolf1 > 2019-05-29 20:02 | Report Abuse

Because I bought in big ticket

Posted by Davidl > 2019-05-30 15:12 | Report Abuse

Wait until neck long!

Posted by wolf1 > 2019-05-30 16:54 | Report Abuse

Good result, IB coverage buy call. TP >90sen, contract get 1 after another 1...still not move. Don't know what else

Posted by Chris Khoo > 2019-06-05 19:45 | Report Abuse

Facilities management segment margin for latest Q was lower than GFM

Posted by caven > 2019-06-09 20:15 | Report Abuse

Pls think about risk reward ratio between GFM & AWC while PE~20 compared to PE~9

Posted by Dr CYS Lynas Boleh > 2019-06-11 15:24 | Report Abuse

More ESOS?

Posted by raytheclay > 2019-06-11 15:33 | Report Abuse

Certainly hope not! The company has too many ESOS and that's one of the main reasons on the lagging price despite the positive financials and fundamentals. Overall too many shares issued / to be issued to staff and for acquisitions. Hopefully their Rail business will start getting new projects and the Concession business gets to recoup the unbudgeted expenses incurred in the past quarter.

Posted by JayC > 2019-06-11 15:37 | Report Abuse

Corporate developments to be announced soon
Stay tunes!
11/06/2019 3:23 PM

Good news or bad news?

Posted by cheoky > 2019-06-17 20:28 | Report Abuse

top up...

Posted by absalom > 2019-06-18 09:45 | Report Abuse

One of the most important criteria for share investment is, who you are placing your money with. The integrity of directors and substantial shareholders. Never trust your money with people who treat listed companies as they do prostitutes, use and milk then dump them into PN17 or delisted, with no sympathy or regard for the minorities. Checking the background of these people is more important than the business viability as crooked people can bring down even the best business after looting the bank accounts and lining their pockets. Just a general advice.

Posted by Young Money > 2019-06-19 13:44 | Report Abuse

impairment 1.2 million in May2019, coming quarter may not be good.