|
| |
Overview
Financial Highlight
Headlines
Business 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.
  JayC I want to post some research i done:- Trackwork take over is RM43.50 Tranche 1 = 20m CASH Tranche 2 = 11.5m share @ RM1 = RM11.5 Tranche 3 = 7,787,151 unit @ 0.7705 = RM6 Total 1 to 3 = 37.5 , balance 6m tranche 4 is when profit guarantee of RM12 is met So if you buy now, you are getting at lower cost compared to takeover price 26/04/2019 4:11 PM abcb Acceptance of Letter of award by Trackwork and Supplies Sdn bhd for the provision of supply packages works-design,manufacture,supply,assembly,testing and commissioning of Harsco model RGH 10C Rail Grinding vehicle(RGV) (Supply Package) 30/04/2019 2:38 PM abcb The contract value worth RM17.1 million by China Communication Company (Malaysia) Sdn Bhd,the Works Package Contractor.The Contract is for the provision of design,manufacturing,supply,assembly,testing and commissioning of Harsco Model RGH 10C Rail Grinding Vechicle(RGV) works for Mass Rapid Transit Laluan 2: Sungai Buloh-Serdang-_Putrajaya(SSP) developed by Mass Rapid Transit Corporation Sdn Bhd/ the owner 30/04/2019 2:58 PM  Dr Jho Low 42 billion please avoid, yours sincerely PUNTER. I had 1 year of experience with this counter. 02/05/2019 5:36 PM abcb AWC(7579), DANCO(5276), GCB(5102) and REVENUE(0200) are the 5 companies in RHB Investment Bank Bhd's "Top Malaysia Small Cap Companies 20 Jewels 2019" book Speaking at the launch of the book,RHB Investment Bank CEO,Robert Huray said" These companies offer excellent potential and are attractive proposition for both institutional and retail investors,supported by Malaysia's strong economic fundamentals" TP price for AWC RM1.03- RM1.24 03/05/2019 11:12 AM Dr Jho Low 42 billion Oh May not yet, very soon, wait few more days, you sure see exercise of ESOS 03/05/2019 12:05 PM 3iii 5 Years Account 2014 to 2018 Total Net Income 75.838.5m Total Net Operating Cash Flow 17.337m Total Capex 11.555m Total Free Cash Flow 5.782m Total Dividends 7.889m Year 2018 Sales 303.978m Account Receivable 147.453m Acc Receivable turnover 2.06x Balance Sheet is healthy. Little debt. Net Cash positive. Comments: 1. Poor quality earnings. Most of the earnings are not collected in cash but in receivables. The days in receivables are very long, almost 180 days. 2. Due to poor quality earnings, despite total earnings of 75.8m, the total net operating cash flows was 17.3m from 2014 to 2018. Minus the Total Capex of 11.6 for the period, its total FCF for the 5 year period was 5.782m (or 1.156m per year). 03/05/2019 8:26 PM Dr Jho Low 42 billion Don't forget the large amount of ESOS on issue as well, GOOD WAY TO DILUTE AWAY YOUR EPS AND DPS, just like how I add water to my orange juice! Management also like to acquire companies through equity financing, more water for dilution, thus the valuation! 03/05/2019 9:14 PM upsidedown119 Depends on what you want to focus on. What about the ECRL? AWC's trackworth is in good position to get contracts, 40% of which is ear-marked for locals. Miss Malaysia may have a tiny mole on her arm. If you want to focus on that, then sell lah. 06/05/2019 11:29 AM raytheclay Qtr results should be out next week. If there are no negative surprises, financial results should be good with Trackworks profit guarantee. One lacking item is the company has no clear dividend policy. 22/05/2019 10:42 AM Sean888 If next week only release QR..shud be gg result...based on last 3 years, good result released on 21th of may... 23/05/2019 1:25 PM tokohM why in previous qtr result , their prospect for future qtr is optimistic with guaranteed contributions from Trackworth but the price is keep dropping? 23/05/2019 4:56 PM  phye Lowest in Revenue, Profit, Margin compare to pass few years. Is there any good potential you read from the QR. 27/05/2019 9:40 PM  Kc Teh profit almost break new high, Q4 may be able to do so. as Q4 always highest profit. anyhow, this year EPS will defnitely break new high. 27/05/2019 11:11 PM abcb With one quarter remaining for the current financial year,AWC said it is optimistic that the Group's financial performance will remain positive,underpinned by its strong order book balance and its ability to replenish it.As of March 31,2019,AWC's outstanding order book amounts to RM1.1 billion,which will last the group for the next three to four years 28/05/2019 9:38 AM foreverchung https://www.thestar.com.my/business/business-news/2019/05/28/cimb-research-retains-add-for-awc-tp-rm1pt26/ 28/05/2019 12:43 PM wolf1 Good result, IB coverage buy call. TP >90sen, contract get 1 after another 1...still not move. Don't know what else 30/05/2019 4:54 PM caven Pls think about risk reward ratio between GFM & AWC while PE~20 compared to PE~9 09/06/2019 8:15 PM raytheclay Certainly hope not! The company has too many ESOS and that's one of the main reasons on the lagging price despite the positive financials and fundamentals. Overall too many shares issued / to be issued to staff and for acquisitions. Hopefully their Rail business will start getting new projects and the Concession business gets to recoup the unbudgeted expenses incurred in the past quarter. 11/06/2019 3:33 PM JayC Corporate developments to be announced soon Stay tunes! 11/06/2019 3:23 PM Good news or bad news? 11/06/2019 3:37 PM  |
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
