@Hunkyman, I think you better not ask me, my TP is far beyond that. Considering that there are so so little competition for AWC (Edgenta is biggest as far as I know), with little competition and so much value that has yet to be unlocked, I can say that I believe AWC has a huge huge potential in future.
1. Diversified business - Railworks, Engineering, Sanitizing (covid19, pretty sure they got some good orders there), Environmental, Plumbing; These pretty much is a good business core to me. Taking note that they are very well within the essentials category, so business could be as normal as usual if there are minimal impact.
2. They have presence in SG as well, which can tell that they are also looking to operate overseas, at least to neighboring countries considering that they need to take into account transporting assets / machinery.
3. They have very healthy orderbook of 1bil, which could sustain them in the longer run.
4. Some orders are pend to be renewed / enter second phase, with higher pay of up to 10%+.
5. Rewards shareholders by giving warrant / dividend, we don't see that in other similar cap stocks very often nowadays.
6. Given that the Directors are also buying up some of the shares, just tells that they have some confidence in their company.
7. EPF is also holding this company (between 4 - 5% shareholding at the moment if not mistaken), shows that this company is not a pure pump and dump counter.
So if you ask me, I'm gonna hold this for a long long time. At least RM1.00 before I am even willing to let go. Of course there are naysayers everywhere, but this to me is simple honest business, got demand got supply, pretty straight forward. People like new stuffs / new infrastructures, but there has to be someone who is maintaining it. This is where companies like AWC comes in. Their explosive growth would come from winning contracts, but smaller orders will always be there to top up their profits. I shall see where it goes from here :) Hope this insight helps, good luck.
@Hunkyman, don't mention it, I just share what I know and what I understand. By no means I'm a sifu or like other pros in this forum, no followers no nothing. I understand that at the end of the day people are here to make money. Some looking at short term some looking at long. But all same purpose.
So remember to do your own research and see if what you manage to dig up tally with what I share. If it does, then good, you should be able to make the decision; If it does not, then perhaps you can share with us your insights as well too.
As much as other people like to trash talk / share irrelevant information, what I aim to do here, individually at least, is to be helpful as much as possible. Other than that, good luck!
With the ongoing Covid-19 pandemic.. AWC Coronavirus cleaning & disinfection facilities for sure will boost up their business ALOT
Glove and healthcare stocks are already spiked up alot.. Which sector will be next? People may start goreng AWC soon.. Good fundamental and related with current pandemic issue ..
The Concession Agreement (CA) for the renewal of the maintenance concession for the Southern Region (Johor, Malacca, Negeri Sembilan) and Sarawak was signed in early March 2016. This contract is for 10 years, from 1.1.16 to 31.12.25. Initial rate p.a. is set at approximately RM52 mil for the first 5 years, with automatic increase to RM59m p.a. from year 6 to 10.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tan1868
787 posts
Posted by tan1868 > 2020-04-16 13:21 | Report Abuse
way to go i think....