Hi daitoryu, I think AWC's business is more resilient due to the its concession business. As u said, investor might swap to it when market is bad. With the launch of KLIA 2, Stream project should be able to contribute positively towards its earning. If the MOU with Nihon Tuna Resources materialised, then there will be another plus. Hopefully, it will distribute dividends too. The likelihood of being taken over by Faber is there too. Simply there are many catalysts for AWC to shine in near term.
Tan1868, Faber also used to be penny stocks. A small tree can grow up to be big tree. Daitoryu, Good strategy. But sometimes, the price might go further after short term profit taking.
By taking its net cash per share out, it is equivalent to buying a company which can earn 2-3 cents per quarter at around 0.15! Hard to find such counter at current market.
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....
daitoryu
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Posted by daitoryu > 2014-09-22 20:36 | Report Abuse
Good stuff stocktrader88, hope you managed to check out PMCORP too.