Not sure why everyone is rushing to the exit point. Commendable performance considering lower turnover but still remain profitable. As lower turnover is due to MCO lockdown, by no means is the company fault. Next quarter should see rebound in profits as business activities back to normal. Solid Company with excellent cash collection as cash in bank increase by 20 million compare with previous quarter. Micro cap company with almost 100 million net cash. Definitely a bargain to invest for long term. Short term price negativity provides excellent opportunities to invest more.
solid result and low PE. A matter of time before goes back to pre-covid price. In fact, may go even higher as its Facilities Division contract has entered 6th year where contract value is now increased by 13.5%. AWC has also secured some contracts in the past few months.
What happens to Dato' Ahmad Kabeer Bin Mohamed Nagoor, the major shareholder who last bought 549,000 shares @ approx. 54 sen o June28, 2021? Rather quite recently though very active in share purchase in 2021. I think confidence will only come if he resumes his acquisition. Net cash of 28.5 sens. Don't tell me the business is only worth 19.5 sens after considering the net cash position?
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....