Did you miss ITMAX which has surged a lot due to business in Johor? Want some other indirect proxy to UEMS/ Johor story?
SUCCESS is an indirect Johor proxy play. This company produces transformers which is used when Data Centre is built.
More data centre in Johor MEANS higher transformer demand MEANS higher earnings for SUCCESS. Stock Code: 7207
Why does data center need transformer? Transformers ensure stable power, distribute it efficiently, and protect data center equipment from electrical issues.
From its latest quarterly result... "In the transformer products, we are experiencing robust demand from data centres, industrial machinery and the medical industry. The recent need for efficient cloud storage management has further driven growth of transformer demand in the data centre industry."
The company also just secured a contract from Malaysia Airports Holdings Bhd to supply and install aeronautical ground lighting control systems for six airports in the country - HLIB
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....
speakup
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Posted by speakup > 2023-07-12 11:18 | Report Abuse
Sell on news?