POWERWELL HOLDINGS BERHAD

KLSE (MYR): PWRWELL (0217)

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Last Price

0.40

Today's Change

-0.005 (1.23%)

Day's Change

0.39 - 0.41

Trading Volume

3,224,400


2 people like this.

2,481 comment(s). Last comment by Tripaka 3 weeks ago

JustinX78

134 posts

Posted by JustinX78 > 2024-07-01 16:13 | Report Abuse

Another counter is going to breakout. Kinergy Advancement Berhad (KAB) just announced a partnership with JCorp to develop energy-efficient products for data centers

https://www.thestar.com.my/business/business-news/2024/07/01/kab-partners-jcorp-to-develop-sustainable-energy-projects

Gentingbig

316 posts

Posted by Gentingbig > 2 months ago | Report Abuse

my info in this morning to buy this counter...at time when directors disposing their share can also be they are compromising by selling out to some new investors to raise fund and not necessary a bad thing

Posted by kokhawleong > 2 months ago | Report Abuse

broke 0.52

KClow

1,284 posts

Posted by KClow > 2 months ago | Report Abuse

Powerwell real power
Golden cross

Goldberg

2,918 posts

Posted by Goldberg > 2 months ago | Report Abuse

Powerful Prospects.

i) Expand product portfolio and enhance market share by targeting segments such DATA CENTRES, semiconductor factories, renewable energy, electric vehicle charging and utility projects

(ii) With a proven track record in renewable energy infrastructure, the group has secured an order to supply substation equipment for a solar power plant project located in Bangladesh

(iii) For rail infrastructure projects, the group has secured some Rapid Transit System (RTS) Link contracts with anticipated completion by 4Q2024,

star899

392 posts

Posted by star899 > 2 months ago | Report Abuse

WOW ! The power is coming !!!

necessity

107 posts

Posted by necessity > 2 months ago | Report Abuse

just on the right time.
contract secure on the recovery of klci..
have a fun on this ride ladies' and gentlemen..

KClow

1,284 posts

Posted by KClow > 2 months ago | Report Abuse

Golden cross

Goldberg

2,918 posts

Posted by Goldberg > 2 months ago | Report Abuse

Powerful 3rd Quarter Net Profit - 6 fold jump to RM9.5 mil.

For the third quarter ended Dec 31, 2023 (3QFY2024), the group’s net profit jumped nearly six-fold to RM9.55 million from RM1.65 million, thanks to higher profit margins from data centres, solar power plant and semiconductor plant projects.

necessity

107 posts

Posted by necessity > 2 months ago | Report Abuse

based on lastQ itself, even previous book order enough to sustain its cash flow.
new secure project contract will project its revenue greater.
new 3 high machine purchase last year seem to show good result, as expected.
placement of good investment in cash, managing good debt..
overall very good company.
this really underrated counter.
see you all in finish line ladies and gentlemen..
enjoy the ride..
cheers!!

Jack737

32 posts

Posted by Jack737 > 2 months ago | Report Abuse

Good company but insider is selling how 😊😊😊

necessity

107 posts

Posted by necessity > 2 months ago | Report Abuse

@Jack737
'Good company but insider is selling how 😊😊😊'

insider selling is normal..
insider selling on deficit..is bad sign.
on good running company.. insider selling is normal.
like techbond for example, insider selling turn to be a good thing.

Posted by Philip Ming > 2 months ago | Report Abuse

Finally the POWER is WELL on its way UP?! Powerwell 📈 plss

Posted by stevenchua5 > 2 months ago | Report Abuse

dividend 1sen ex date nx week

PureBULL ...

2,539 posts

Posted by PureBULL ... > 2 months ago | Report Abuse

PureBULL [2024-07-02 3:52 AM]
PWRWELL,
a real DC stock with proven winning contracts in switch boards used n chosen by DC.

i.e. the ATH again to the new.blue.sky... the only growth symbol in GWS.

https://www.tradingview.com/x/RH6xbe0v/ https://www.ceoinsightsasia.com/news/powerwell-lands-us1224-million-data-centre-electrical-solutions-deal-nwid-12066.html#google_vignette

Goldberg

2,918 posts

Posted by Goldberg > 2 months ago | Report Abuse

POWERFUL Growth stock -A significant beneficiary of Data Centre Boom Malaysia

Powerwell has bagged two purchase orders worth a total of RM57.61 million from a “renowned multinational technology corporation” specialising in data centres.

In a bourse filing on Monday, Powerwell said its wholly owned subsidiary Powerwell International Sdn Bhd has received the orders for the supply, installation and commissioning of low-voltage switchboards and remote power panels for a data centre in Selangor.

Powerwell’s executive director Catherine Wong said investments by global tech giants have created a ripple effect of opportunities for local suppliers and service providers within the technology sector in Malaysia.

“Powerwell is strategically positioned to contribute significantly to this growth, leveraging cutting-edge technology and comprehensive expertise in electrical solutions for data centres,” she said in a statement.

Goldberg

2,918 posts

Posted by Goldberg > 2 months ago | Report Abuse

Investment Merits- Powerwell

1-Strong business relationship with Siemens and Schneider. Besides manufacturing its own brand “Powerwell”, it does third-party brand manufacturing for Siemens (LV switchboards and MV switch gears), a leading supplier of systems for power generation and transmission, and Schneider Malaysia (LV switchboards), the Malaysian arm to Germany conglomerate Schneider Electric that specializes in electrical equipment.

2-Decent orderbook for 1-2 years. YTD, their orderbook is c.RM70m, with a tenderbook of more than c.RM280m. Also, according to the management approximately 80% is data center, 10-15% is manufacturing while the rest is from infrastructure projects.

3-Healthy balance sheet. As at 3Q24, Powerwell’s net cash stood at RM63.8m, translating to net cash per share of 11.0 sen (c.27% of share price).
Dividends. Since listing in year 2020, Powerwell has started paying dividends in FY24 (twice). Also, we noticed the latest dividend is 2nd interim, which mean there will be a final dividend to be declared down the road that may translate to a dividend yield of more than 5% and decently attractive for long term investors.

4-Eligibility for Main Market transfer. Based on the current earnings trends, we believe Powerwell’s will be surpassing the threshold for the transfer to main market listing requirement and this is likely to be the next catalyst moving forward.

5-One-stop solutions. Powerwell intends to provide high-voltage products, besides the low and mid voltage products to provide a one-stop solutions service for contractors.

PureBULL ...

2,539 posts

Posted by PureBULL ... > 2 months ago | Report Abuse

INVESTORS, [2024-07-10 4:31 AM]
These > 50 DC operators in JB r giant TECH co.
they hv everything n only need cheap chip land, power, water n manpower 1st in msia.

their tech knowhow r far ahead of our cyber security stocks n others.
some small players as colocation DC n local DC might need them.

its just bull run on DC stocks for yr/s.
LOVE all stocks deeply, play v small if hv doubt on that stock.,.

in DC theme,
General building contractors n their sub-con like PWRWELL, MNHLDG etc will do v well n 1st to make big money from these giant tech co.

then the tech contractors n suppliers like SNS n VSTECS shd do well too...

NB: they r many stocks try to
Fake it to Make it, as DC stocks to fly high.
1 did but failed instantly, i.e. sistec,,,

Goldberg

2,918 posts

Posted by Goldberg > 2 months ago | Report Abuse

JPMorgan is bullish on this Southeast Asian country-Malaysia, cites opportunities in data centers

KEY POINTS

1-JPMorgan named data centers, electric vehicles and solar among the sectors that investors are putting their money in.

2-“Policy reforms, data center investment and infrastructure build-out have become key tailwinds for Malaysia, in-line with our 2024 outlook, but are progressing at a much stronger-than-anticipated pace,” JPMorgan analysts said in a July 1 note.

3-The investment bank upgraded Malaysia to “neutral” from “underweight” last week.

geary

6,354 posts

Posted by geary > 2 months ago | Report Abuse

PWRWELL Monthly Pivot Points:
S1: 0.485
PIVOT: 0.525.
R1: 0.56.
R2: 0.62.
R3: 0.69.
Oscillator, MA Summary: Uptrending.
Mr. Market is unpredictable!
At present this business catalyst is positive...but sometimes it takes #9/18 months at lowest YTD...for multi baggers to happen...maybe...#500%🤓
Dis: Trade at your own Risk!

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2 months ago | Report Abuse

Pwrwell is on powerful uptrend!!!
Buy!!!

Posted by lonelybunney > 2 months ago | Report Abuse

buy buy buy stronger ups are coming

Posted by Antifanaticracism > 2 months ago | Report Abuse

Who make money first for DC?
First the construction firms because they need the building
Second installing the wiring, switch boards, varying voltage devices. That's where pwrwell comes in
Third the chips etc

Goldberg

2,918 posts

Posted by Goldberg > 2 months ago | Report Abuse

The Powerful DC Theme- Immediate beneficiary

General building contractors and their sub-con like PWRWELL will do very well and the 1st to make big money from these giant tech co building numerous Data centres especially in Johore. Incidentally POWERWELL is one of Malaysia's leading electrical engineering co and has a foothold in Johore.

Posted by Antifanaticracism > 2 months ago | Report Abuse

Gold✔

Posted by meowmeister > 2 months ago | Report Abuse

Add more in, Gogogo

necessity

107 posts

Posted by necessity > 2 months ago | Report Abuse

golden cross coming at the wright timing..
projected beautiful Q figure ahead..

kllee

177 posts

Posted by kllee > 2 months ago | Report Abuse

Dividend received

Posted by Beginner69 > 2 months ago | Report Abuse

Why keep dropping any reason?

Michael Kwok

6,352 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Powerwell 49.5
Tp 30 cents range
31/7/24 1.50pm

Joel77

23 posts

Posted by Joel77 > 2 months ago | Report Abuse

most of the data centre theme stocks also drop, CHB, Cabnet, cannot do anything, either we hold or cut loss

Tripaka

2,946 posts

Posted by Tripaka > 2 months ago | Report Abuse

Maybe hold for around 3 weeks.

AN7889

17 posts

Posted by AN7889 > 2 months ago | Report Abuse

@michael kwok , u mean TP RM 0.795 or RM 0.30??

joviwong

15 posts

Posted by joviwong > 1 month ago | Report Abuse

Powerwell’s manufacturing facilities are currently operating
at 70% capacity, with a combined built-up area of 10,300
square meters across two plants in Kota Kemuning. The
assembly plant in Johor, covering 438 square meters, will
expand its production area in July 2024 to meet growing
demand.
In Indonesia, the PLI factory has a total area of 600 square
meters, with 300 square meters dedicated to assembly.
It can produce up to RM3 million worth of switchboards
quarterly and is currently operating at 20% capacity. The
factory began its first batch of panel assembly in May 2024
and was equipped with a new busbar fabrication machine
in June 2024. PLI has achieved ISO 9001:2015 certification
and is pursuing the Indonesian Local Content Supply
(TKDN) certification to further enhance its capabilities.
PLI’s establishment is a strategic response, addressing
evolving market demands, especially the mandatory
requirement for locally assembled switchboards in
government projects. While the private sector’s preference
for local assembly is still evolving, the trend is shifting
towards in that direction. The factory’s location in Indonesia
ensures faster delivery times for projects like data centres
and factories, which is crucial factor in vendor selection
given increasingly tight project timelines.

joviwong

15 posts

Posted by joviwong > 1 month ago | Report Abuse

This year, we commissioned a new assembly facility in Indonesia, PLI, to support our growing business. Strategically
positioned to serve a wider range of customers in the data centre, power, and industrial sectors, PLI is projected to
generate a positive return on investment in the near future. PLI is in the process of obtaining the local content certification
(TKDN), which, upon approval, will enable participation in major government sector projects, including those in the
New National Capital City project (IKN).

joviwong

15 posts

Posted by joviwong > 1 month ago | Report Abuse

New National Capital City project (IKN) is a massive project in Indonesia.... but still a long way to go....

Posted by multi-bagger > 1 month ago | Report Abuse

many new funds invested in powerwell, thats who the directors have been selling to

calvintaneng

56,242 posts

Posted by calvintaneng > 1 month ago | Report Abuse

SHARE MARKETS COLLAPSING: SEE WHO ARE BUYING & HOLDING FIRMLY & WHO ARE SELLING AND RUNNING AWAY, Calvin Tan

34 seconds ago



calvintaneng

Read this 3 Times!

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-03-story-h-155144398-SHARE_MARKETS_COLLAPSING_SEE_WHO_ARE_BUYING_HOLDING_FIRMLY_WHO_ARE_SELL


RUN TO SAFETY OF PALM OIL NOW!!!

tpee1999

81 posts

Posted by tpee1999 > 1 month ago | Report Abuse

just bought a few units

Posted by warrantKing > 1 month ago | Report Abuse

The recent hike of MYR : USD and drop of copper price will benefited powerwell !

kllee

177 posts

Posted by kllee > 1 month ago | Report Abuse

It need some well power to boost it .

Jack737

32 posts

Posted by Jack737 > 1 month ago | Report Abuse

Powerwell need to get more projects before price can move up.

Goldberg

2,918 posts

Posted by Goldberg > 1 month ago | Report Abuse

Powerwell bags contract to supply electrical low-voltage switchboards for data centre


heedgemalaysia.com

21 Aug 2024, 06:57 pm


KUALA LUMPUR (Aug 21): Powerwell Holdings Bhd (KL:PWRWELL) said it had secured a RM14.75 million contract to supply electrical low-voltage switchboards from "a leading international contractor" for a data centre in Malaysia.
The group, in an announcement to Bursa Malaysia on Wednesday, did not provide further details of the contractor and the data centre.

"The supply contract is expected to be fulfilled by the third quarter of calendar year 2024," said Powerwell, adding that the contract is expected to contribute positively to its earnings and net assets for the financial year ending March 31, 2025 (FY2025).

Powerwell, which was listed on the ACE Market in 2020, is primarily involved in the design, manufacturing, and trading of electricity distribution products, including low-voltage switchboards and medium-voltage switchgears.

The group posted a record-high net profit of RM19.71 million for FY2024, an increase of 189% from RM6.81 million a year earlier, driven by a higher gross profit margin of 29.7% compared with 15.5% previously. This increase was mainly due to higher profitability from several completed high-value projects, notably a semiconductor plant project, solar power plant project, and data centre projects.

KClow

1,284 posts

Posted by KClow > 1 month ago | Report Abuse

DC stock one by one getting wiped out....
Scary

fairyz

337 posts

Posted by fairyz > 1 month ago | Report Abuse

Datacenter getting burned or what?

So sharp correction

PureBULL ...

2,539 posts

Posted by PureBULL ... > 1 month ago | Report Abuse

Today, the Insiders make BIG money from us all.

Case Study:
pba announced a loss of -$12 mill in the last 2 QR when its stock price was HIGH.
2 mkt days ago at low stock price, it showed a perfect score of $55 mill QR PAT.
it cld well show a -ve QR PAT in the 4th QR so as not to pay TAXES buta.buta.

https://www.tradingview.com/x/OyILeOH3/
https://klse.i3investor.com/web/stock/financial-quarter/5041

geary

6,354 posts

Posted by geary > 1 month ago | Report Abuse

PWRWELL Monthly Pivot Points Momentum!
S2: 0.38.(My Cost of Capital)...Stop-Lost...Sold All... weakening trend...!?
S1: 0.45.
PIVOT: 0.50.
R1: 0.55.
R2: 0.62.
Disclaimer: Hold/Trade at your own Risk!
1 week ago

fairyz

337 posts

Posted by fairyz > 3 weeks ago | Report Abuse

Gap at 420 closed?

Nice new contract announcement and SBB program at 0370 area.... let's see if can sustain above 400 range

Hotstuff

3,285 posts

Posted by Hotstuff > 3 weeks ago | Report Abuse

All in at 0.37 edi. TP 0.60

Tripaka

2,946 posts

Posted by Tripaka > 3 weeks ago | Report Abuse

Back pedaling again

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