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
Look at long term...fmr should have made a lot of considerations before investing in this stock and the company wouldnt buy back shares at a high price for no reason
GLCs such as TNB will invest RM13 billion in 2020, including accelerating projects such as LED street lights, transmission lines and rooftop solar installations.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 305 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11534 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Jnlee
305 posts
Posted by Jnlee > 2019-11-30 17:35 | Report Abuse
hoping it will go up............