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Overview
Financial Highlight
HeadlinesBusiness Background Success Transformer Corp Bhd is engaged in the design, manufacturing, and distribution of electrical apparatus, industrial lighting and process equipment. The business operates in segments that include Transformers, Lighting, and Related Products, which manufacture and market electrical apparatus industrial lighting and metal products focusing on metal casing and stamping parts; and Process Equipment, which fabricates process equipment and metal structures and the provision of maintenance, repair and shutdown works. The Transformers, Lighting, and Related Products generate maximum revenue for the company. It exports its products to the People’s Republic of China.
  goody99 Good to hear that "it has witnessed an increase in demand for light-emitting diode (LED) street lighting, especially from government-related projects." Will wait for earnings in the next few quarters. 13/09/2019 2:48 PM  Icon8888 in my area, they are digging up all old lamp posts and replace with new LED lamps 11/10/2019 11:21 AM brandee there should be many contracts for Bandar Malaysia. Success's LED street lamps are buatan Malaysia..very good prospect. 18/10/2019 4:36 PM thesteward Again cun cun lo krkrorkrkekekeke. Took half profit n go n invest longer term di mr in Mi 18/10/2019 4:37 PM thesteward Still holding success half ... song or not told you all cun cun ma at 88 Sen w come today 18/10/2019 8:14 PM brandee Maintain Add, with a higher TP of RM1.45 We lift our FY20-22F EPS by 2.0-4.6% to account for: i) higher interest income and ii) disposal of SEB. Our TP is raised accordingly to RM1.45, which is still based on 12x CY20 P/E, which is in line with its 5-year historical mean. We like STC for its: 1) attractive valuation of 8.1x CY20F P/E, 2) net cash of RM12.2m at end-FY6/19, 3) current 33.8% discount to NTA of RM1.48/share (end-FY6/19). The share price is supported by 4.1% dividend yield in FY19-21F. Re-rating catalyst: higher sales of street lighting. Downside risks: i) delay in public tenders for LED lights, and ii) sharp rise in operating costs. From CIMB research. Target price of Success is RM1.45 25/10/2019 11:12 AM jutawansenyap This counter is very volatile. Lets do piling together. Put money at 0.96/0.965.Definately it will going up. Hahaha 05/11/2019 3:01 PM brandee trending higher, higher high and higher low, should be able to clear 1.05 this round 11/11/2019 11:25 AM Collin Soo M+ Online say the chart form Breakout pullback continuation and will trend higher. 11/11/2019 11:37 AM brandee 1QFY6/20: Bright lights ahead ■ STC’s 1QFY6/20 core net profit of RM6.1m (+35.2% yoy) was within expectations, at 24% of our FY20 estimate. ■ Higher lighting sales, especially from domestic street lighting market, should drive stronger results for the rest of FY6/20. ■ Maintain Add. We lift our TP to RM1.76, based on 12x CY21 P/E. latest report from CIMB. target upgraded from 1.45 to 1.76 02/12/2019 10:16 AM Joe Ng Bollinger and macd bullish.should hav enough momentum to break through resistancr of 1.05 06/12/2019 5:42 PM  |
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