Multi Ways Holdings
MWG

$0.4050

4.26%

Market Cap: $13.2M

About: Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.

Employees: 92

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0.14% less ownership

Funds ownership: 0.31% [Q1] → 0.17% (-0.14%) [Q2]

42% less capital invested

Capital invested by funds: $30.8K [Q1] → $17.9K (-$12.9K) [Q2]

80% less funds holding

Funds holding: 5 [Q1] → 1 (-4) [Q2]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 4

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Research analyst outlook

We haven’t received any recent analyst ratings for MWG.

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Financial journalist opinion

Multi Ways Holdings Secures $17.6 Million Leasing Deal with Singapore's Ministry of Defence, Strengthening its Growth Prospects

SINGAPORE, June 14, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced a breakthrough equipment leasing agreement with the Ministry of Defence of Singapore.

Multi Ways Holdings Secures $17.6 Million Leasing Deal with Singapore's Ministry of Defence, Strengthening its Growth Prospects

Multi Ways Holdings Reports Robust Financial Performance in Fiscal Year 2023 Results

SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced fiscal year 2023 financial results.

Multi Ways Holdings Reports Robust Financial Performance in Fiscal Year 2023 Results

Multi Ways Holdings Expands Fleet with the Acquisition of 16 New Crawler Cranes

SINGAPORE, May 08, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region is pleased to announce its procurement contract to acquire 16 new crawler cranes, further strengthening its fleet, with deliveries expected throughout the remainder of 2024.

Multi Ways Holdings Expands Fleet with the Acquisition of 16 New Crawler Cranes

Multi Ways Holdings Announces the Sale of Premium SANY Cranes to Meet Growing Market Demand

SINGAPORE, April 10, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announces the sale of eight state-of-the-art SANY cranes from its recently expanded fleet to two customers. This sale is a strategic move following the Company's recent fleet renewal and expansion plans amidst improving industry conditions.

Multi Ways Holdings Announces the Sale of Premium SANY Cranes to Meet Growing Market Demand

Multi Ways Holdings Announces Fleet Expansion and Renewal Strategy Amid Positive Market Outlook

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced its strategic plans for the procurement and renewal of its fleet. This announcement follows the Company's successful acquisition of new equipment in January 2024 and aims to strengthen its market position through an enhanced range of services.

Multi Ways Holdings Announces Fleet Expansion and Renewal Strategy Amid Positive Market Outlook

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