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Overview
Financial Highlight
HeadlinesBusiness Background AWC Bhd is an investment holding company which provides total asset management services such as integrated facilities management and engineering services to building owners. The company has three divisions namely, Facilities division comprises of concession segment, Healthcare segment, and commercial segment; Engineering division comprises of plumbing and air-cond segment and Environment division comprises of pneumatic technology used for waste collection and transports it via reticulated pipes. Most of its revenue is earned through its facility segment from Malaysian market, while it also has a presence in Singapore, UAE, and other countries.
  mf Dow Jones Dow Jones Industrial Average 38,531.99 -320.87 0.82% Nasdaq NASDAQ Composite 16,954.56 -65.32 0.38% 29/05/2024 11:39 PM JacNgu ⭐️Technical tracker ⭐️- HLIB Retail Research - 26 June 2024 AWC: Building a base Initially holding a 51% stake in Stream and a 49% stake in Premium Patents, AWC subsequently acquired the remaining stakes in Dec 2023. The total earnings consolidation from Stream will make the environment division AWC’s largest earnings contributor. Looking ahead, Stream is anticipated to be a major growth driver for AWC driven by strong demand from property developers in Malaysia and Singapore. Collection range: RM0.99-1.00-1.03 Upside targets: RM1.09-1.15-1.25 Cut loss:RM0.94 26/06/2024 10:30 AM AlphaInvestor https://theedgemalaysia.com/node/708491 AWC secures plumbing jobs at Hospital Kapar and Cyberjaya data centre Engineering services provider AWC Bhd has bagged two contracts worth a total of RM19.39 million for plumbing works at Hospital Kapar in Selangor and a data centre in Cyberjaya. In a statement on Thursday, AWC said the Hospital Kapar job was awarded to its wholly-owned subsidiary Qudotech Sdn Bhd by the project's main contractor, IJM Corp Bhd's unit IJM Construction Sdn Bhd. Valued at RM17.8 million, the subcontract is required to be completed within 26 months by May 22, 2026. The second contract to undertake plumbing works at the Vantage KUL 14 Data Centre is worth RM1.59 million. It was awarded by We Progress Centre Engineering Sdn Bhd and is scheduled to be completed by Feb 17, 2025. 04/07/2024 3:01 PM AlphaInvestor Although the news was 18-April, it does show that AWC is also a beneficiary of data center theme 04/07/2024 3:03 PM GemSeekers i believe they can secure mega projects , their presence in singapore enough proven their capability due to singapore government strict rules . 10/07/2024 4:18 PM PerpetualAgency Experience the pinnacle of digital marketing with Perpetual Agency, your premier advertising company in Riyadh, Saudi Arabia. Specializing in a spectrum of digital services, from online marketing to bespoke website design, we empower businesses to thrive in today's dynamic digital sphere. Contact us for tailored solutions. Embracing the digital era, Perpetual Agency stands as a comprehensive digital marketing agency in Riyadh, Saudi Arabia. We specialize in a plethora of digital services to empower businesses in today's dynamic landscape. From online marketing to website design, our seasoned team ensures your success. Reach out today! https://perpetualgroup.com 11/07/2024 11:44 AM GemSeekers AWC ensures steady earnings ahead, amidst a backdrop of global mega-development and dynamic construction projects, and due as well to its services to local healthcare facilities. Its commitment to sustainability via Stream makes it a compelling investment, with an attractive FY24F PEG of 0.2x. Based on an ascribed 16-20x P/E on FY25F earnings, we derive a FV range of MYR1.49-1.86. We believe this is fair, as it is still at a discount to the valuations of other facilities management and waste management players. 11/07/2024 11:48 AM GemSeekers From Al Raha to Nusantara and Neom. Stream has a globally recognised track record, having completed 181 metres of AWCS infrastructure for the Al Raha project in Abu Dhabi (excluding subplots) in 2017. This project spanned 1,380 acres, making it one of the largest AWCS deployments worldwide. Looking ahead, AWC aims to secure contracts for AWCS installations in Nusantara, Indonesia, and Neom, Saudi Arabia. Both mega projects make AWCS infrastructure compulsory, with Nusantara covering an area of over 600,000 acres and Neom spanning over 6.5m acres – more than 400 and 4,700 times larger than Al Raha. 11/07/2024 11:49 AM GemSeekers https://ranhill.com.my/2023/03/17/ranhill-and-awc-mulls-jv-into-indonesia-water-business/ 12/07/2024 10:31 AM GemSeekers didnt realise AWC going in water business , this is interesting also . 12/07/2024 10:32 AM GemSeekers since NOSH 335m not enough ticket to eat . look like nasty operator purposely push down the price to collect more . hold ur ticket , will push up very soon . 12/07/2024 4:07 PM retailtrader AWC Berhad on a Winning Streak AWC Berhad (KLSE: AWC) has been on an impressive run, securing over RM80 million in new contracts across its Facilities Management and Engineering divisions in recent weeks. A notable highlight includes a project with the Google Datacentre, awarded by Gamuda, showcasing AWC’s capability to handle high-profile projects. Adding to this momentum, market talk has it that AWC might be close on securing a few projects in the near future which would boost its orderbook further, reinforcing its bright prospects ahead. Technical Signals and Market Outlook Closing at RM0.88 with a bullish hammer pattern on the weekly chart, AWC has shown strong buying interest, reflecting investor confidence in its solid fundamentals. With technical momentum pointing to a potential short-term target around RM1.07, the market will likely be watching AWC closely next week as it builds on recent gains. For those with a longer horizon, AWC’s fundamentals and order pipeline suggest potential for further upside, with a long-term target of RM1.50 and above. 09/11/2024 9:00 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
