Author Topic: AWC  (Read 1602 times)

Online king

  • King
  • ***********
  • Posts: 77,964
AWC
« on: April 20, 2016, 09:36:41 AM »


AWC poised for an ascending traingle breakout, says HLIB Research
By theedgemarkets.com / theedgemarkets.com   | April 20, 2016 : 8:24 AM MYT   
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language​▼
KUALA LUMPUR (April 20): Hong Leong IB Research said AWC Bhd was poised for an ascending traingle breakout and said AWC has developed itself into an integrated facilities management, environment solutions and engineering services player in Malaysia with a regional presence in Asia and the Middle East.

In a trading idea note today, the research house said AWC had undemanding valuation at 10.9x FY16 P/E with potential resumption of dividend payout in FY16 and FY17 due to abundant netcash/share of 23sen.

“Poised for a bullish ascending triangle breakout with key upside targets at 47.5 sen-56 sen.

“Crucial supports are 42.5 sen-44 sen. Cut loss at 42 sen,” it said.

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #1 on: April 22, 2016, 10:14:32 AM »


                                    :) :) :) :) :) :) :)

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #2 on: April 22, 2016, 04:16:26 PM »



                                            :cash: :cash: :cash:

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #3 on: May 04, 2016, 04:16:33 PM »


TAKE  PROFIT

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #4 on: May 05, 2016, 10:02:53 AM »

Offline umw

  • Civilian
  • *
  • Posts: 17
Re: AWC
« Reply #5 on: May 09, 2016, 10:24:41 PM »


can buy now ??

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #6 on: May 10, 2016, 05:33:31 AM »



Sell

Offline Tissot

  • Baron
  • *****
  • Posts: 3,876
Re: AWC
« Reply #7 on: May 20, 2016, 04:07:57 PM »
0.80 above soon

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #8 on: May 25, 2016, 04:50:45 PM »



AWC's 3Q net profit jumps 10 times, pays 1.5 sen special dividend
By Gho Chee Yuan / theedgemarkets.com   | May 25, 2016 : 4:37 PM MYT   
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language​▼
KUALA LUMPUR (May 25): AWC Bhd's net profit rose 10 times to RM5.76 million or 2.25 sen per share for its third financial quarter ended March 31, 2016 (3QFY16), from RM575,000 or 0.26 sen per share a year ago, driven by stronger performance across all its business segments.

Revenue surged 143% to RM75.33 million in 3QFY16, from RM30.99 million in 3QFY15.

The engineering services provider also declared a special dividend of 1.5 sen per share for the financial year ending June 30, 2016 (FY16), payable on July 1.

In a statement today, AWC said the facilities division reported increases in revenue and earnings for both the current quarter and on a year-to-date (YTD) basis, brought about by new contracts secured and implemented throughout the year, most notably from the Hospital Shah Alam Selangor contract, Menara Felda contract and the rate revision in maintenance work undertaken for the renewed concession.
 
Its environment division also saw a huge leap in revenue for both the current quarter and on a YTD basis, due to good progress billings from on-going projects and the delivery and installation of big ticket items throughout Malaysia, Singapore and the Middle East.
 
The engineering division also delivered good results as current quarter and YTD revenue and earnings were boosted by strong sales in Singapore, and contributions from the newly-acquired plumbing subsidiaries, AWC added.

For the cumulative nine months period (9MFY16), the group's net profit almost doubled to RM10.76 million or 4.38 sen per share, from RM5.59 million or 2.48 sen per share in 9MFY15; while revenue increased 84.5% to RM173.34 million, from RM93.96 million.

“This quarter’s revenue of RM75 million is our best yet, and our cumulative three quarters revenue of RM173 million and net profit of RM10.76 million substantially surpasses FY15’s full year results (where it recorded a net profit of RM7.78 million)," AWC managing director and group chief executive officer Datuk Ahmad Kabeer Mohamed Nagoor said in a statement today.
 
"We now look forward to our final quarter results and will continue to work tirelessly to create value for our shareholders,” he added.

AWC shares hit its multiple-year high of 80 sen yesterday. At 3.58pm today, the stock down 5.5 sen or 6.92% at 74 sen, with 24.6 million shares done. It had a market value of RM198.6 million

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #9 on: May 25, 2016, 04:51:29 PM »



SELL ON GOOD NEWS

 ;) ;) ;) ;) ;) ;) ;) ;) ;)

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #10 on: May 26, 2016, 11:07:28 AM »


SELL ON GOOD NEWS

 ;) ;) ;) ;) ;) ;) ;) ;) ;)


                                      :) :) :) :) :) :) :)

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #11 on: May 26, 2016, 12:01:41 PM »
0.80 above soon


                                                          ?

Offline ikan besar

  • Duke
  • *********
  • Posts: 39,568
  • nia........mah.....when only the mkt going up
Re: AWC
« Reply #12 on: May 26, 2016, 03:00:50 PM »


SELL ON GOOD NEWS

 ;) ;) ;) ;) ;) ;) ;) ;) ;)

can buy or not, King if jatuh sampai 50 cts
I heard dr kimmy lost alot of monies

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #13 on: May 26, 2016, 03:14:58 PM »
can buy or not, King if jatuh sampai 50 cts

50sen?

can

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #14 on: May 30, 2016, 08:21:14 PM »



Monday, 30 May 2016 | MYT 6:12 PM
AWC to do cold water and plumbing works for TRX’s tallest building






 An artist's impression of Mulia Group's Signature Tower in Tun Razak Exchange.
An artist's impression of Mulia Group's Signature Tower in Tun Razak Exchange.
 
Popular Now in Business

AirAsia receives US$1b takeover offer for leasing unit
Shahril steals the show with deft answers
Karambunai shareholders advised to reject takeover offer
Noble Group’s CEO resigns in surprise move, to sell US energy unit
Bursa Malaysia closes broadly lower
KUALA LUMPUR: AWC Bhd’s unit Qudotech Sdn Bhd has been awarded a contract worth RM18.15mil from Mulia Property Development Sdn Bhd to install and maintain the cold water and plumbing works for the RM3.5bil, 92-storey Signature Tower, which will be the tallest building at the Tun Razak Exchange (TRX) in Jalan Tun Razak/Jalan Davis.
 
The engineering services provider, which specialises in areas such as integrated facilities management, said in a statement that the contract would span 28 months with a targeted completion date of Sept 15, 2018.

“This project win coupled with other recent contract awards such as the KL118 project, the PNB 1194 (MAS Building) project and all existing projects already being implemented by Qudotech will increase AWC’s plumbing order book to approximately RM130mil,” AWC said.

Signature Tower, reported to be about 30 ft short of the Petronas Twin Towers’ 1,482 ft, is owned by Indonesia’s commercial property developer Mulia Group.

Commenting on the award of this Project, AWC managing director and group CEO Datuk Ahmad Kabeer Nagoor said: “The Signature Tower project and our other recent project wins by our plumbing division will further strengthen our foothold as a premier plumbing contractor for premium high end developments. It also serves as an acknowledgment that we are equipped with appropriate operational and engineering know-how that gives us a significant competitive advantage in this highly competitive industry.”

AWC shares shed 2.5 sen to close at 70 sen on Monday, with 7.718 million shares changing hands

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #15 on: October 13, 2016, 07:51:45 PM »



2016-10-13 19:13
STREAM前景俏.AWC估值诱人
AWC设施方案看好印度、中东和新加坡“STREAM”业务前景,联昌研究表示,公司机构持股仍低,估值也依旧便宜,仍是小资本股投资首选。
(吉隆坡13日讯)AWC设施方案(AWC,7579,主板贸服组)看好印度、中东和新加坡“STREAM”业务前景,联昌研究表示,公司机构持股仍低,估值也依旧便宜,仍是小资本股投资首选。

广告

AWC设施方案参与联昌研究举办的公共领域日活动,并与27名基金经理分享设施、环境与工程3大业务发展前景。

联昌研究说,AWC设施方案管理层对印度市场前景依旧看好,希望未来随着SATS业务扩展全球,集团将可赢得更多的飞机餐饮的“STREAM”合约。

目前,“STREAM”新专利科技包括推介显著节能的新系统,而新加坡樟宜机场第五航厦将是潜在长期合约对象。

至于中东市场,AWC设施方案管理层说,阿布札比Al-Raha海滩工程未来10年可能攫取约1亿5000万令吉新合约,主要是当地所有新建筑物都需安装“STREAM”系统。

同时,新加坡所有新建屋发展局(HDB)发展计划都将安装真空垃圾管理系统,而STREAM和ENVAC现牢控狮城80%自动垃圾收集系统市占率。

联昌研究指出,上述因素仍未纳入盈利预测,加上AWC设施方案机构持股仍低,仅有2%,估值只有9.7倍(扣除现金本益比只有6.9倍),比UEM前线(EDGENTA,1368,主板贸服组)近期收购案估值的10.1至13.2倍水平为低,因此维持其“增持”评级,目标价为1令吉19仙。

文章来源:
星洲日报/财经‧ 报道:洪建文‧ 2016.10.13

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #16 on: February 21, 2017, 12:19:50 PM »



?
??
???

Online king

  • King
  • ***********
  • Posts: 77,964
Re: AWC
« Reply #17 on: August 02, 2017, 09:07:39 AM »




Business NewsHome > Business > Business News
Wednesday, 2 August 2017 | MYT 8:18 AM
Stronger earnings for AWC for FY17, says CIMB Research
image: http://www.thestar.com.my/~/media/online/2017/08/02/00/20/awc-office.ashx/?w=620&h=413&crop=1&hash=BBE373DEDBBF7DCCE259FAFDAE6F7E4AB0841761

 
KUALA LUMPUR: CIMB Equities Research expects facilities management company AWC Bhd to record stronger quarter-on-quarter net profit in the region of RM5mil to RM6mil in the fourth quarter results, which are in line with expectations.

It said on Wednesday this would likely come on the back of higher progress billings, especially in the environment and engineering divisions.  Overall, it expects the group to record 11%-13% on-year growth in net profit for FY ended June 30, 2017F . 

“We retain our earnings estimates as we had accounted for contract wins in our earnings assumptions. Hence, we maintain our Add call and our sum-of-parts based target price of RM1.29,” it said.

On Tuesday, AWC announced that it has secured a RM42.4mil facilities management contract to maintain buildings occupied by Malaysia’s Ministry of Foreign Affairs (MOFA). The contract is for five years and took effect on Tuesday.

“We gather that this contract covers all the blocks occupied by MOFA in Putrajaya, Kuala Lumpur. This marks AWC’s first contract win for its integrated facilities division in 2017 and the group is looking to participate in more tenders in this division.

“This did not come as a surprise as we had earlier factored contract wins in our earnings assumptions. Nevertheless, we view this positively as it will contribute to the group’s earnings beginning in FY18F.

“Assuming a gross profit (GP) margin of 15% (typical for facilities management work), this bumps up AWC’s FY18-19F GP by 1.4%-1.6%,” it said.   
 
As at July 1,  2017, AWC’s outstanding orderbook was RM537.1mil up to end-FY19F.

This comprises of i) 1) facilities management (RM304mil), 2) environment, i.e. STREAM proprietary waste collection system (RM113.9mil), 3) M&E/HVAC (RM51.5mil), and 4) plumbing (RM67.7mil).

“We believe that more contract wins, especially for the STREAM and plumbing divisions given their higher margins, could be re-rating catalysts as they will sustain earnings visibility in FY17-18F.

“In our view, potential catalysts for the share price in the near term are substantial contract wins, especially in its environment (STREAM) and engineering segments. Downside risks to our view are project delays and fewer contract wins,” it pointed out.
TAGS / KEYWORDS:
Corporate News , Analyst Reports , Earnings

Read more at http://www.thestar.com.my/business/business-news/2017/08/02/stronger-earnings-for-awc-for-fy17-says-cimb-research/#RQ7xuIpUUWBAPULT.99