Did you miss UEMS which has quadrapled from 23 sen to 92 sen? Want some 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."
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Posted by ahbah > 2023-09-20 14:51 | Report Abuse
Yes to KSL ?