Hi daitoryu, I think AWC's business is more resilient due to the its concession business. As u said, investor might swap to it when market is bad. With the launch of KLIA 2, Stream project should be able to contribute positively towards its earning. If the MOU with Nihon Tuna Resources materialised, then there will be another plus. Hopefully, it will distribute dividends too. The likelihood of being taken over by Faber is there too. Simply there are many catalysts for AWC to shine in near term.
Tan1868, Faber also used to be penny stocks. A small tree can grow up to be big tree. Daitoryu, Good strategy. But sometimes, the price might go further after short term profit taking.
By taking its net cash per share out, it is equivalent to buying a company which can earn 2-3 cents per quarter at around 0.15! Hard to find such counter at current market.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 82 views | 11 h ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 273 views | 1 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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....
daitoryu
1,459 posts
Posted by daitoryu > 2014-09-03 14:40 | Report Abuse
Good stuff stocktrader88, hope you managed to check out PMCORP too.