AWC BERHAD

KLSE (MYR): AWC (7579)

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Last Price

0.865

Today's Change

+0.015 (1.76%)

Day's Change

0.84 - 0.88

Trading Volume

370,200


9 people like this.

7,520 comment(s). Last comment by goldmanbull 1 week ago

raytheclay

128 posts

Posted by raytheclay > 2018-06-05 22:55 | Report Abuse

May be better on hindsight since there’s so much of negative news on rail business with HSR scrapped and uncertainties on ECRL

Posted by gayinvestor > 2018-06-06 07:28 | Report Abuse

Hmmmmm

Posted by gayinvestor > 2018-06-06 07:30 | Report Abuse

The deal isn't off yet, we'll see we'll see

L2earn

349 posts

Posted by L2earn > 2018-06-06 07:32 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/06/05/awc-purchase-target-hit-with-rm19m-demand-letter/

KUALA LUMPUR: AWC
image: https://cdn.thestar.com.my/Themes/img/chart.png

Bhd's acquisition target, Trackwork & Supplies Sdn Bhd, has received a letter of demand from a customer for a sum of RM19mil.

The demand letter claims that some of the machines the customer received from railworks company Trackwork are defective and is seeking liquidated agreed damages, cost of rental and expenses for replacement machines.

AWC is in the midst of a proposed acquisition of three million shares or 60% equity interest in Trackwork for a cash and share deal worth RM43.5mil.

The group said it is currently assessing the implication of the claim with regards to its purchase proposal.

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Int_Automotive,all,Demo_Gender_Male_enr,Demo_Age_25to34_enr,Demo_Gender_Female_enr,Int_Entertainment

"The Board has decided to only proceed with the completion of the Proposals when the Sellers and Trackwork are able to settle the aforesaid claim without any material negative impact on the financial performance of Trackwork.

"In this regard, and if necessary, the Company will seek to include the settlement or resolution of this claim to the Company's satisfaction as a condition precedent to the SSA vide a supplemental SSA.

"For the avoidance of doubt, the Company will not assume any liability arising from this development," it said.

AWC added that the development would be discussed at the extraordinary general meeting, which was slated for 2pm today.

A successful completion of AWC's stake purchase would see Trackwork contributing more than 25% to the group's net profits, resulting in a diversification of its existing core business to include rail-related works.

Trading in AWC shares has been suspended since noon for the remainder of the day's trading session. The counter was trading unchanged at 69.5 sen a share on volume of 112,000 shares prior to the suspension.
Read more at https://www.thestar.com.my/business/business-news/2018/06/05/awc-purchase-target-hit-with-rm19m-demand-letter/#IdPyO4Lv1TcDG7tK.99

Bullshit

100 posts

Posted by Bullshit > 2018-06-07 12:52 | Report Abuse

dah discount ni, beli jer

Vnew

33 posts

Posted by Vnew > 2018-06-07 13:19 | Report Abuse

based on chart, going to rebound soon.

Posted by Lukesharewalker > 2018-06-07 14:18 | Report Abuse

this company is a beneficiary of umno contracts...next to crash? especially now aiming to go into rail business. supposed nepotism from HSR and ECRL

Fantastico

914 posts

Posted by Fantastico > 2018-06-07 14:40 | Report Abuse

Rail business deal off, and technical state going to rebound now, time to buy

raytheclay

128 posts

Posted by raytheclay > 2018-06-07 18:15 | Report Abuse

Positive to see EPF continues to buy and accumulate this company.

ddd ccc

565 posts

Posted by ddd ccc > 2018-06-21 22:21 | Report Abuse

Technical analysis.....bullish

Fantastico

914 posts

Posted by Fantastico > 2018-06-23 11:25 | Report Abuse

get on the ship or it's too late faggots

freddiehero

16,722 posts

Posted by freddiehero > 2018-06-23 11:58 | Report Abuse

is time to collect some..

raytheclay

128 posts

Posted by raytheclay > 2018-07-13 10:05 | Report Abuse

Rail is in vogue again. Post acquisition of Trackwork (should / when it happen) should be interesting to see the impact to AWC’s earnings.

Posted by Mu G Ismail > 2018-07-15 13:30 | Report Abuse

Sleep babe others wake up but u still sleeping

Posted by Mu G Ismail > 2018-07-24 15:39 | Report Abuse

Start kaboom!!

Hope88

324 posts

Posted by Hope88 > 2018-07-24 16:40 | Report Abuse

look coming

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-07-25 09:31 | Report Abuse

Good good

Posted by gayinvestor > 2018-07-25 09:55 | Report Abuse

I love it babe

Posted by gayinvestor > 2018-07-25 09:55 | Report Abuse

Amazing to the sky

itukutu

1 posts

Posted by itukutu > 2018-07-25 12:42 | Report Abuse

good days are coming

Posted by gayinvestor > 2018-07-25 16:43 | Report Abuse

Tomorrow cum more please cum cum cum

Posted by gayinvestor > 2018-07-25 16:44 | Report Abuse

Cum onto all you idiot faces

Posted by gayinvestor > 2018-07-27 13:30 | Report Abuse

Be prepared

raytheclay

128 posts

Posted by raytheclay > 2018-07-28 12:11 | Report Abuse

Acquisition of Trackwork is on track again.....should we expect better days ahead and upward movement of price ? The past few days have seen an upward push on both volume and price. Hopefully it’s sustainable.

value88

711 posts

Posted by value88 > 2018-07-28 12:26 | Report Abuse

With or without the acquisition of Trackwork, AWC is doing well and undervalued. Trackwork is just a bonus.

value88

711 posts

Posted by value88 > 2018-07-28 12:27 | Report Abuse

Such a company is selling at PE<10 now. Its fair value should be RM1 per share and above. The upside from current price is still attractive.

Posted by gayinvestor > 2018-07-28 22:46 | Report Abuse

Exactly mate Imma putting all my money into this amazing company

Posted by gayinvestor > 2018-07-29 08:40 | Report Abuse

You right brother

Posted by gayinvestor > 2018-08-02 15:12 | Report Abuse

Buying more and more sell me all your stocks

James Ng

2,706 posts

Posted by James Ng > 2018-08-06 13:25 | Report Abuse

https://klse.i3investor.com/blogs/general/168370.jsp
[转贴] [AWC BHD,特许协议初始费率p.a.前5年设定为约5200万令吉,自动增加至p.a. 5900万令吉(从第6年到第10年);CARP将在十年内支付1.4亿令吉;Qudotech和DD Techniche的利润保证] - James的股票投资James Share Investing

Posted by Wolf_Of_Gaya_Street > 2018-08-06 20:54 | Report Abuse

all in!

Posted by gayinvestor > 2018-08-07 09:04 | Report Abuse

Yeah, sold my Equanimity to buy this share

Shernius

270 posts

Posted by Shernius > 2018-08-07 11:10 | Report Abuse

Any insight on the upcoming dividend? 0.05?

Posted by gayinvestor > 2018-08-07 17:06 | Report Abuse

Dividend gonna make me a billionaire

Posted by gayinvestor > 2018-08-07 17:07 | Report Abuse

Dividend rm1

cyeec2000

994 posts

Posted by cyeec2000 > 2018-08-07 17:27 | Report Abuse

The management won’t give high dividends as track record , they are interested in ESOS much more..

Shernius

270 posts

Posted by Shernius > 2018-08-07 19:03 | Report Abuse

wah EPF keep on accumulating. they might know something we don't know yet

Fantastico

914 posts

Posted by Fantastico > 2018-08-07 21:53 | Report Abuse

told you all, keep buying or else you regret this month end

Fantastico

914 posts

Posted by Fantastico > 2018-08-07 21:53 | Report Abuse

even fatty Jho Low keep buying, means something big going on

Tete7893

228 posts

Posted by Tete7893 > 2018-08-07 23:29 | Report Abuse

really jho low also buy in before? i also start to collect by this week hope can gain some profit

Fantastico

914 posts

Posted by Fantastico > 2018-08-08 09:39 | Report Abuse

yeah boy keep getting it

Fantastico

914 posts

Posted by Fantastico > 2018-08-08 09:42 | Report Abuse

the bull is getting ready

Fantastico

914 posts

Posted by Fantastico > 2018-08-08 09:46 | Report Abuse

i said the bull is ready to charge, I am all in this time!

Tete7893

228 posts

Posted by Tete7893 > 2018-08-08 10:25 | Report Abuse

0.73 consider. nw go to 0.76 sad

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-08 10:51 | Report Abuse

getting stonger

Posted by gayinvestor > 2018-08-08 11:03 | Report Abuse

Wait till it reaches rm1 in two weeks. I'll get another super yatch then !

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-08 11:25 | Report Abuse

start taking profit

Posted by gayinvestor > 2018-08-08 11:31 | Report Abuse

Take your head, kepala bapak kau

Tete7893

228 posts

Posted by Tete7893 > 2018-08-08 15:37 | Report Abuse

wait qr release. wil shoot up like rocket

Fantastico

914 posts

Posted by Fantastico > 2018-08-08 17:06 | Report Abuse

exactly, don't be like that bapak kaldai, earn little bit little bit take profit happy already

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