Even if KYY calculation wrong, people still listen to him. If KYY is working in a investment bank and wrote this kind of shit, he would be fired and get sent to a retirement home.

This proves that people will only believe what they want to believe... KYY is smart enough to know this.

@yttihs If you can't think for yourself, you listen to who also DIE la!

Kyy's math all wrong. Using a quarter for a month lmao. 100% has dementia..

The worst thing is that people are still defending him and listening to him... Last chance to sell guys.

I don't get what this article is trying to achieve. Is this a analysis or a compilation of quotes from newspaper? You said PE is meaningless,yet you still show that you can't value a company for shit

"Where else planatation sector for those profitable counter, PE range from around 18- 40. Let take PE 25 as average PE and we give 30% discount equal to 17."

This is the worst attempt to value a company. Laughable.

Why bother to write about the ownership of random mutual funds? Is it so special or rare?

Passenger growth double every ten years, and airport is a safe way to play the airline market. 7.3x EV/EBITDA is laughingly low when it has long runway in growth.

If you see the what the airports in other countries are trading at, you will know what i am talking about. Auckland International Airport trades at 21 EV/EBITDA and Airport of Thailand trades around 28 EV/EBITDA.

Airport tax in Malaysia is also one the lowest. Just imagine if regulator suddenly allow Malaysia Airport to increase the tax fee.. couple with the growth in passenger growth and some growth in retails market..

Not to say this company has been lowering debt and if debt is fully reduced to their target amount, expect more dividend to come through!

I bought SUCCESS at RM0.68 and since then I have gained 35% thanks to the rapid rise in share price. My take based on the news are this company will have more opportunities as Pakatan Harapan prioritise more on the production of local people.

I think this stock could potentially be my multi-bagger stock if it capture the local lighting market with the help of the new government. If it doesn’t, it should be around book value. Book value is currently is 0.7x and this means a 1x PB means a share price RM1.4, an upside of 52%. Why do I think it should be around book value? It has decent ROE and constant profitability. It is also one of those unknown family owned company that pays a consistent dividend.

I am bullish. Forward P/E of 8 and government prioritizing local over foreigners.. AND they are reported to be bidding a few hundred million worth of project. Can't really see much downside in this..

You guys should focus on the metering segment which is growing and worth around 400-500m (not including growth). This means you are getting the construction segment for free if you include cash..

Is the 61.1 million profit or just the cost of the contract before expenses and all?

if the book value earns more than its cost of capital, book value should trade at a premium. For success, i think it either earn more than its cost o capital or equal its cost of capital, so it should be trading at least in book value imo. Only company's whose earning are below cost of capital or negative earnings should trade at a discount below book value.

because irrational? Because of one declined earnings, market punished this stock by pricing it below book value.

Success is not just LED guys. there is other division..

how can prlexus obtain syahriah status?

Agree. That growing sales, margin, and minimal capital expenditure make it so attractive