Barring any negative surprises in Quarterly financial report due this week, the company is trading at an attractive PE. If there are new projects to be won in the coming months along with the RM1.1bil projects in-hand , current price is very attractive. I am keen to see what plans they have for AWC Rail which was incorporated in June 18.
Positive takeaways from quarterly financials - % net profit / revenue attributable to shareholders has improved QoQ and YoY. Negative takeaway - No dividends declared this quarter. Question - Is Management conserving cash for M&A or new projects ?
AWC, with a lower target price of RM0.95 (from RM1.20) after rolling over our valuations to FY19's EPS of 7.3 sen. The target price is also derived from ascribing a lower target PER of 13.0x (from 14.0x), which is in-line with the lower overall valuations of the FBM Small Cap index and remains at a discount to AWC’s nearest competitor, UEM Edgenta Bhd due to the former’s smaller market capitalisation.
Type Announcement Subject SUSPENSION OF SECURITIES Description AWC BERHAD ("AWC" OR THE "COMPANY") - Request for Suspension The Company wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the Company's request for suspension in the trading of its shares from 9.00 a.m. to 5.00 p.m. on Wednesday, 28 February 2018 pending the release of a material announcement by the Company.
The request for suspension is made under subparagraph 3.1(b) of Practice Note 2 of the Main Market Listing Requirements of Bursa Securities.
Proposed Acquisition will be more than 25% of the net profits of the AWC Group and as such will result in a diversification of the AWC Group’s existing core business.
All good news out no fly means big shark already know this before last year and goreng up to rm1.30 and sell to u allrm1.30--->rm0.80 will drop back to rm0.70
For now, we leave our earnings forecast unchanged pending the completion of the proposed acquisition and maintain our BUY recommendation on AWC with a target price of RM0.95 by ascribing a target PER of 13.0x on FY19's EPS of 7.3 sen. Our target PER is discounted to AWC’s nearest competitor.
...getting pumped slowly and steadily....will get dumped once the operators...syndicates achieved their target...watch out....don't curse and cuss yourself after losing your hard earned money...and don't blame others for your greed and loss...
....the volume speaks for itself...the pumping has began in earnest...who wants to be my guest...you are well come....but once the dumping comes...it will hit like an hurricane...and let me warn you...you may even lose your pants....lol..
You're such an idiot Nekosan...i do my home work well...meaming that..i keep track of everything in the market...local and domestic...as well as the mood of investors...besides carrying out FA and TA...so i i don't hv to worry.....u moron..
...here comes another agent of pump and dump...probably worried that his modus operandi is well exposed...i will advise genuine investos to be vary of these agents...
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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....
AlibabaInf
518 posts
Posted by AlibabaInf > 2018-02-19 12:13 | Report Abuse
I think can 0.85 I will run