Today shoot up too fast to 47 sen...hard for me to chase....now down to 44.5 sen...tomorrow can queue to buy since it is now cheaper. AWC will rebound back to 50 sen...just watch the show tomorrow.
We are targeting 50 sen next week...another 20 sen ....maybe another 1 month...end April or early May. Fundamental is strong so it will go up like IFCAMSC...
This share is already worth 60 sen during IPO. So it is worth at least 60 sen and any drop will be a good opportunity to collect at the current price of 44.5 sen....just get ready to buy... support is at 40 sen. Good luck brothers..!!!!
RESTRICTED OFFER FOR SUBSCRIPTION OF 5,000,000 NEW ORDINARY SHARES OF RM0.50 EACH TO CERTAIN EXISTING SHAREHOLDERS OF AWC FACILITY SOLUTIONS BERHAD; AND
OFFER FOR SUBSCRIPTION OF 17,100,000 NEW ORDINARY SHARES OF RM0.50 EACH COMPRISING:-
. 4,100,000 NEW ORDINARY SHARES OF RM0.50 EACH AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
. 1,000,000 NEW ORDINARY SHARES OF RM0.50 EACH TO THE FORMER MINORITY SHAREHOLDERS OF TRANS CAPITAL HOLDING BERHAD; AND
. 12,000,000 NEW ORDINARY SHARES OF RM0.50 EACH BY WAY OF PLACEMENT
AT AN ISSUE PRICE OF RM0.60 PER ORDINARY SHARE PAYABLE IN FULL ON APPLICATION
AWC had ended the FYE 2014 in a better EPS at 3.18 cents, and moving forward to 1Q FYE 2015, AWC continued to display strength with a 20% increase in revenue and 593% increase in the EPS compared to the previous corresponding quarter.
Currently, AWC had been sitting on a pile of RM 43.5million cash, equivalent to approx RM 0.19 a share on it's current cash level. While the group is currently in a net cash position at RM 40.5million, which is around RM 0.18 net cash value per share.
With the plans to expand their services to penetrate more into the private sector, AWC had seen breakthrough with the cornerstone foray into the healthcare sub-segment involving provision of biomedical and facilities engineering maintenance services in Hospital Rehabilitasi Cheras, and also secured new contracts to extend integrated facilities management services to telco stores and outlets of Celcom Axiata and the new Heriot-Watt University Malaysia campus in Putrajaya.
Another boost came for the group as AWC had secured a new 10 year concession with higher revised prices from the federal government in providing their facilities management and maintenance services is southern zone and Sarawak.
While the environment division still looks challenging, AWC believes that the STREAM will be the next "smarter environment" system that will see more country embrace the system. The automated pneumatic waste collection system under the proprietary name of STREAM had on going projects in Malaysia (Iskandar region), Singapore and Middle East.
AWC will also be looking to see more opportunity through their collaboration effort with CMSB (Cahya Mata Sawarak Berhad), which is involved in construction, property and infrastructure development in Sarawak.
Moving forward, AWC will continue to expand its services by planning to add more non-concession business to it's facilities management business segment through tenders, joint venture or even acquisition.
AWC looks great both fundamentally and technically with summarized pointers as below - Improving revenue and earnings from past 2 quarters - Net cash position of RM 40.5 million, or 18 cents a share (cash value is 58% of current market price at RM 0.31) - Substantial shareholder open market buying, increasing stake to 7.77% or 17.5million shares - New 10 year concession for facilities management services in Southern Zone and Sarawak - Strong opportunity in Sarawak state with collaboration with CMSB - Provider of "Smart Environment System" under the name of STREAM, an automated pneumatic waste collection system which is used in (Iskandar Region), Singapore and Middle East currently. - Current price of RM 0.31 is at the support price of the trading range.
AWC will be an interesting company in the coming days. With the higher anticipation of a better result for the coming quarterly result, AWC Berhad will define itself in the future.
Nice articles...extracted from the link in this forum.
Catalysts
- AWC holds a 10-year concession from the government to provide comprehensive facility management services to government buildings as ell as to the private sector including commercial, educational and industrial buildings.
- Its facilities division made its cornerstone foray into the local healthcare sub-segment involving provision of biomedical and facilities engineering maintenance services in Hospital Rehabilitasi Cheras in 2013.
- In the non-concession or commercial sub-sector, the facilities division also secured new contracts to extend integrated facilities management services to telco stores and outlets of Celcom Axiata Bhd and the new Heriot-Watt University Malaysia Campus in Putrajaya.
- Currently AWC's orderbook for its environment division is RM60 million, which will last for two years.
- AWC plans to embark into the telecommunication (telco) and healthcare industry, and may consider merger and acquisition (M&A) in the future, aside from winning more private sector clients to boost its business.
Buy call....volume low means explode anytime...less sellers now....buyers kept waiting for lower price...but it seem nobody wants to sell lower...so best buy now at 44.5 sen....to move to 50 sen...
Par value 30 sen!!! only small number of share circulation...228 million shares! and now only 45 sen...compare to IFCAMSC par value 10 sen and 535 million shares in circulation at $1.30...so do you think AWC cannot be more than IFCAMSC in the future???? At least over $1.00 lah...
Getting rid of all those contra players....only genuine long term investors will be rewarded in AWC just like IFCAMCS. Those who hold IFCAMSC until now from 40 sen are laughing to the banks. Now we see the potential in AWC....good prospect...plenty of cash...and ready to explode...sell to me cheaper..everybody is waiting for contra players to finish selling...before we move above 50 sen.
Very strong support at 44 sen...meaning we are building a base here. Once the accumulation is enough, we will move to 50 sen. If today cannot next week will fly. stay tuned.
Wow...shoot to 46 sen already..those bought at 44 sen today already profit 2 sen..Good performance. Slow and steady better....reach 50 sen soon. Just waiting to explode. Just buy and keep a few thousand lots. Anticipate another push at 50 sen level to 60 sen which is the IPO price of AWC.
@samer The first target next week 50 sen. I sure hope it can exceed 60 sen if the big boys come in to mop up the shares in the open market. Currently there is one big shareholder who is acquiring the share for himself. Something must be up. Lets wait for more news as I heard there are plans to embark into the telecommunication (telco) and healthcare industry, and may consider merger and acquisition (M&A) in the future, aside from winning more private sector clients to boost its business.
Heavy road block at 47 , if Monday gap up open 47 or closing 47 or above . then chances to huat 9696 is high on this , kikikikiii ... This kena buat liau ... Good luck :)
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Posted by eht6769 > 2015-03-25 20:37 | Report Abuse
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