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%.
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..
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....