Hong Leong Investment Bank - Call: BUY Price Target : 1.38 Upside Potential: +51.65%
SMRT is the sole provider of dual-sim technology for TNB's distribution substations. With only 20.7k or utilization rate of 24.9% of total TNB substations in Peninsular Malaysia that currently using SMRT IoT device and coming to grow.
SMRT has a lot more to install their IoT device to TNB whole Malaysia.
Another hint of SMRT's current IoT project in Indonesia: 1. Private financial sector: ATMI - ATM Operator in Indonesia (Sumatra, Java, Sulavesi) has 5000 ATM machine is on-going install the SMRT IoT.
2. Government monopoly sector: (Indonesian electric power) PLN Perusahaan Listrik Negara: installing SMRT IoT device project same like TNB.
Its never late because even their project for TNB substation utilization rate is only 24.9%.
Our government - Ministry of Finance Incorporated subsidiary - Urusharta Jamaah is now a third largest shareholder of SMRT which now holding 24 million shares in SMRT.
Urusharta Jamaah is an investment holding and asset management company wholly owned by the Ministry of Finance Incorparated.
This is a sign of institution investor starting to smell money.
http://surl.li/mkcxh wow systech will fly like pertama and smrt , time to buy in Systech , another pure IOT company, 100x better than SMRT .SMRT doesnt even has their own plant
STOCKS ENTERING FORM 1 R THE BEST focus all energy on them if they appear.,.
most stocks in msia, r taichow from std 1 to std 6, then kaput for multi yrs.
only v selective few will be able to fight all the stale bulls in its CN, Correction, n reborn to win once again n regrow into Form 1 to score all the way to Form 6.
some super lucky ones could even enter UNI of 4 yrs = MAJOR E of PRIMARY 3 wave.,. = it means that biz or stock is good n so so good.,.
Ministry of Finance Incorporated (MOF) via their subsidiary Urusharta Jamaah making a buying spree in SMRT.
1st acquired - 17 Oct 2023 - 3,840,600 unit 2nd acquired - 18 Oct 2023 - 2,872,200 unit 3rd acquired - 19 Oct 2023 - 1,354,100 unit Total holding = 28,625,000 unit
SMRT abort. Operator was ambushed by a group of indians. They say between an indian n a snake, you whack the indian first. Bcause he will wrap around you faster than the snake.
https://theedgemalaysia.com/node/689104 KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
@rocky77 dont forget to read the QR results okay. It is published today. My advise is do not speculating and create fake stories. It is not a rocket science to understand your intention behind that post which to buy at ur desire price :)
Just buy no need to think to much. U are not late man..
Great potential this company has. growing influence in Indonesian power company, and they far from their growth peak in Malaysia. was thinking of trading, now i might just hold this one long term.
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....
RCZ2020
725 posts
Posted by RCZ2020 > 1 month ago | Report Abuse
Wow HLG price target 1.38 really a good signal. Hope will shoot up this 2nd half