Both AWC and GFM will fly high...fund will shift to consumer, aervices sector.
...and also investors switching out from technology stocks to recovery plays such as consumer and services related sectors, as the economy recovery gained momentum.
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.
Based on above statement which is on AWC quarterly report, the concession is going to contribute extra 7mil to the rev since 1.1.2021. We assume 5mil flow into net profit, plus the contribution from new contract, 10c EPS should be achievable this year onward... cheers!!!
1 day show? The same thing was mentioned when the share was at 30cents++ moving towards 40cents++. Just sharing the truth. Not holding any of this shares at the moment, but will buy in some in the future.
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....
Crazy crazy
207 posts
Posted by Crazy crazy > 2021-03-08 15:13 | Report Abuse
Good, keep collecting before fly