Posted by KClow > 2 weeks ago | Report Abuse

Golden cross

Posted by Tripaka > 2 weeks ago | Report Abuse

Maybe someone's gonna sell again...

Posted by Goldberg > 2 weeks ago | Report Abuse

Powerful 3rd Quarter Net Profit - 6 fold jump to RM9.5 mil.

For the third quarter ended Dec 31, 2023 (3QFY2024), the group’s net profit jumped nearly six-fold to RM9.55 million from RM1.65 million, thanks to higher profit margins from data centres, solar power plant and semiconductor plant projects.

Posted by necessity > 2 weeks ago | Report Abuse

based on lastQ itself, even previous book order enough to sustain its cash flow.
new secure project contract will project its revenue greater.
new 3 high machine purchase last year seem to show good result, as expected.
placement of good investment in cash, managing good debt..
overall very good company.
this really underrated counter.
see you all in finish line ladies and gentlemen..
enjoy the ride..
cheers!!

Posted by Jack737 > 2 weeks ago | Report Abuse

Good company but insider is selling how 😊😊😊

Posted by necessity > 2 weeks ago | Report Abuse

@Jack737
'Good company but insider is selling how 😊😊😊'

insider selling is normal..
insider selling on deficit..is bad sign.
on good running company.. insider selling is normal.
like techbond for example, insider selling turn to be a good thing.

Posted by Philip Ming > 2 weeks ago | Report Abuse

Finally the POWER is WELL on its way UP?! Powerwell 📈 plss

Posted by stevenchua5 > 2 weeks ago | Report Abuse

dividend 1sen ex date nx week

Posted by PureBULL ... > 2 weeks ago | Report Abuse

PureBULL [2024-07-02 3:52 AM]
PWRWELL,
a real DC stock with proven winning contracts in switch boards used n chosen by DC.

i.e. the ATH again to the new.blue.sky... the only growth symbol in GWS.

https://www.tradingview.com/x/RH6xbe0v/ https://www.ceoinsightsasia.com/news/powerwell-lands-us1224-million-data-centre-electrical-solutions-deal-nwid-12066.html#google_vignette

Posted by Goldberg > 2 weeks ago | Report Abuse

POWERFUL Growth stock -A significant beneficiary of Data Centre Boom Malaysia

Powerwell has bagged two purchase orders worth a total of RM57.61 million from a “renowned multinational technology corporation” specialising in data centres.

In a bourse filing on Monday, Powerwell said its wholly owned subsidiary Powerwell International Sdn Bhd has received the orders for the supply, installation and commissioning of low-voltage switchboards and remote power panels for a data centre in Selangor.

Powerwell’s executive director Catherine Wong said investments by global tech giants have created a ripple effect of opportunities for local suppliers and service providers within the technology sector in Malaysia.

“Powerwell is strategically positioned to contribute significantly to this growth, leveraging cutting-edge technology and comprehensive expertise in electrical solutions for data centres,” she said in a statement.

Posted by Goldberg > 1 week ago | Report Abuse

Investment Merits- Powerwell

1-Strong business relationship with Siemens and Schneider. Besides manufacturing its own brand “Powerwell”, it does third-party brand manufacturing for Siemens (LV switchboards and MV switch gears), a leading supplier of systems for power generation and transmission, and Schneider Malaysia (LV switchboards), the Malaysian arm to Germany conglomerate Schneider Electric that specializes in electrical equipment.

2-Decent orderbook for 1-2 years. YTD, their orderbook is c.RM70m, with a tenderbook of more than c.RM280m. Also, according to the management approximately 80% is data center, 10-15% is manufacturing while the rest is from infrastructure projects.

3-Healthy balance sheet. As at 3Q24, Powerwell’s net cash stood at RM63.8m, translating to net cash per share of 11.0 sen (c.27% of share price).
Dividends. Since listing in year 2020, Powerwell has started paying dividends in FY24 (twice). Also, we noticed the latest dividend is 2nd interim, which mean there will be a final dividend to be declared down the road that may translate to a dividend yield of more than 5% and decently attractive for long term investors.

4-Eligibility for Main Market transfer. Based on the current earnings trends, we believe Powerwell’s will be surpassing the threshold for the transfer to main market listing requirement and this is likely to be the next catalyst moving forward.

5-One-stop solutions. Powerwell intends to provide high-voltage products, besides the low and mid voltage products to provide a one-stop solutions service for contractors.

Posted by PureBULL ... > 1 week ago | Report Abuse

INVESTORS, [2024-07-10 4:31 AM]
These > 50 DC operators in JB r giant TECH co.
they hv everything n only need cheap chip land, power, water n manpower 1st in msia.

their tech knowhow r far ahead of our cyber security stocks n others.
some small players as colocation DC n local DC might need them.

its just bull run on DC stocks for yr/s.
LOVE all stocks deeply, play v small if hv doubt on that stock.,.

in DC theme,
General building contractors n their sub-con like PWRWELL, MNHLDG etc will do v well n 1st to make big money from these giant tech co.

then the tech contractors n suppliers like SNS n VSTECS shd do well too...

NB: they r many stocks try to
Fake it to Make it, as DC stocks to fly high.
1 did but failed instantly, i.e. sistec,,,

Posted by Goldberg > 1 week ago | Report Abuse

JPMorgan is bullish on this Southeast Asian country-Malaysia, cites opportunities in data centers

KEY POINTS

1-JPMorgan named data centers, electric vehicles and solar among the sectors that investors are putting their money in.

2-“Policy reforms, data center investment and infrastructure build-out have become key tailwinds for Malaysia, in-line with our 2024 outlook, but are progressing at a much stronger-than-anticipated pace,” JPMorgan analysts said in a July 1 note.

3-The investment bank upgraded Malaysia to “neutral” from “underweight” last week.

Posted by geary > 1 week ago | Report Abuse

PWRWELL Monthly Pivot Points:
S1: 0.485
PIVOT: 0.525.
R1: 0.56.
R2: 0.62.
R3: 0.69.
Oscillator, MA Summary: Uptrending.
Mr. Market is unpredictable!
At present this business catalyst is positive...but sometimes it takes #9/18 months at lowest YTD...for multi baggers to happen...maybe...#500%🤓
Dis: Trade at your own Risk!

Posted by Cakes Moon > 6 days ago | Report Abuse

Pwrwell is on powerful uptrend!!!
Buy!!!

Posted by lonelybunney > 5 days ago | Report Abuse

buy buy buy stronger ups are coming

Posted by Antifanaticracism > 3 days ago | Report Abuse

Who make money first for DC?
First the construction firms because they need the building
Second installing the wiring, switch boards, varying voltage devices. That's where pwrwell comes in
Third the chips etc

Posted by Goldberg > 3 days ago | Report Abuse

The Powerful DC Theme- Immediate beneficiary

General building contractors and their sub-con like PWRWELL will do very well and the 1st to make big money from these giant tech co building numerous Data centres especially in Johore. Incidentally POWERWELL is one of Malaysia's leading electrical engineering co and has a foothold in Johore.

Posted by Antifanaticracism > 3 days ago | Report Abuse

Gold✔

Posted by meowmeister > 3 days ago | Report Abuse

Add more in, Gogogo