Posted by wallstreetrookie > 2021-07-13 13:57 | Report Abuse

Business for BitOoda had been progressing steadily. By May of this year, the company built up a pipeline of under 500 megawatts of grid connections for Bitcoin miners looking to plug into American power. Kelly’s sleepless nights helped that figure boom to about 2,000 megawatts of deals in the works, with about 70% going to Chinese clients.

It’s not easy to just set up a Bitcoin mining operation out of nowhere. Kelly’s clients need not only power supply, but also substations and transformers, devices that filter the high powered volts in the power grid to be gentle enough that they won’t fry all those valuable computers. Setting all the machinery takes time, in some cases as long as 18 months to get up and running.

Bloomberg

Posted by sapurakencana > 2021-07-14 14:58 | Report Abuse

wallstreetrookie,what the relationship of above bloomberg news with Success transformer,pls brief,thanks.

Posted by koowakzai > 2021-07-16 20:49 | Report Abuse

Foreign institutional keep adding. Go success. Smart LED is the future trend. TP atleast 1

Posted by wallstreetrookie > 2021-07-19 08:00 | Report Abuse

Ruchir Shamar | Morgan Stanley:

Bloomberg: Can you explain more why you’re less worried about emerging markets?
Shamar: To me, the upturn in the commodity cycle and the fact that the cost of adopting new technologies has fallen a lot and are being adopted very rapidly now across emerging markets, including some of the poorest countries. I think that gives me a lot of optimism about what can drive emerging market growth in the years ahead.

Posted by wallstreetrookie > 2021-07-23 06:13 | Report Abuse

Adding more soon. Great value and slow growth play IMO

Posted by CreativeAnalyst > 2021-07-23 10:53 | Report Abuse

I am currently studying SUCCESS (7207). I started off by searching for Abigail and realize she was an American billionaire businesswoman. Since 2014, She has been president and chief executive officer of American investment firm Fidelity Investments and chairman of its international sister company Fidelity International.

For the board member, they have TAN SRI DATO' AHMAD FUZI BIN HJ ABDUL RAZAK which work as the chairman. Tan Sri has many designations in various companies. He was previously the Secretary-General of the Ministry of Foreign Affairs Malaysia.

Looking at the quarterly result, in the 2020 1st quarter it seems they were making a huge profit but upon checking the financial report from KLSE. It was told that there were dispose of process equipment segment amounting to RM 6.09 million and increase in sales from transformer and lighting segment. So, if we minus Rm 6.09 from 11.31 mil, it means their actual profit is only 5.22 million which is similar to the profit generated for 2019 first and second quarter.

The lower in revenue for the FYE 30 June 2020 was mainly due to discontinued operation of the process equipment segment
as a result of the Disposal and lower sales recorded in transformer and lighting segment.

Looking at the cash flow statement, it has a positive cash flow even during MCO lockdown. For a company like this with good records, good management, good finances, and good prospects, it is worth my attention to pay more attention.

So, moving forward what will be their revenue stream?
1. Replacement for the LED for existing customer/ new customer
2. Oversea orders for street lighting
3. Involve in the smart city project
*4. Work with respected organizations in the Electric Vehicle (EV) market to develop and supply both custom low and medium voltage transformers and substation lineups for integration into electric vehicle charging systems.

May their transformers, lighting, and related products continue to generate profit for the company. Perhaps, this can be the next D&O =.=

*assumption only

I hope with the influence from Abigail as one of their shareholders, I hope this company will continue to grow.

Posted by wallstreetrookie > 2021-07-23 10:57 | Report Abuse

Don’t invest based on institutional support. Several of her companies perform pretty poorly. Asiafile Berhad is one of them. This company SP is depressed due to the slow growth prospects and lack of innovation (old gen transformers and LEDs) now transform to OLED already. It is merely a value play instead of growth. Still long term target price would be rather conservative at RM1.2

Posted by wallstreetrookie > 2021-07-23 10:58 | Report Abuse

At least return to P/TBV of 1.2

Posted by CreativeAnalyst > 2021-07-23 15:48 | Report Abuse

Noted. You are right not to invest in institutional support. Anyway, I can see her Fidelity investment has helped a lot in terms of getting business deals in the US, Luxembourg, and Bermuda. But, moving forward, I can't see many catalysts actually. Do you see any new things for long-term growth? If yes, mind sharing.=

Posted by Topstar > 2021-07-23 18:16 | Report Abuse

No new catalyst to move its price. Financial performance similar to year 2018 - 2020. For now its fair price should be around RM0.85 - RM0.90. For this year I expect it to move along with the market sentiment, neither over nor underperform.

Posted by wallstreetrookie > 2021-08-05 06:38 | Report Abuse

How many shares does Fidelity intend to collect? Lol

Posted by wallstreetrookie > 2021-08-05 11:13 | Report Abuse

Maintain RM1.20 price target

Posted by wallstreetrookie > 2021-08-11 05:46 | Report Abuse

2.10 EPS estimate

Posted by wallstreetrookie > 2021-08-16 05:22 | Report Abuse

Earnings expected next week

Posted by Bgt 9963 > 2021-08-16 08:59 |

Post removed.Why?

Posted by wallstreetrookie > 2021-08-20 14:42 | Report Abuse

Secular growth

Posted by Nathan27 > 2021-08-23 10:31 | Report Abuse

Looks good

Posted by Nathan27 > 2021-08-23 15:49 | Report Abuse

I stand corrected….

Posted by wallstreetrookie > 2021-08-23 17:15 | Report Abuse

Buy the dip tomorrow. Today's drop is painful but I am confident that this is another accumulation phase.

Posted by Ivan89 > 2021-08-23 17:17 | Report Abuse

good buy now and will back to rm1 soon.

Posted by Bgt 9963 > 2021-08-24 08:48 |

Post removed.Why?

Posted by Ivan89 > 2021-08-24 10:56 | Report Abuse

cash cow company， with led business
， good future prospect

Posted by Ivan89 > 2021-08-24 11:11 | Report Abuse

Next d&o company

Posted by wallstreetrookie > 2021-08-25 16:17 | Report Abuse

Haha nah. D&O is different

Posted by stockhello > 2021-09-10 09:33 | Report Abuse

qr should be good

Posted by wallstreetrookie > 2021-09-17 08:40 | Report Abuse

Next stock to watch for possible interest rate hikes in early or Q2 2022

Posted by ceoshare > 2021-09-23 21:05 | Report Abuse

RESULT VERY GOOD

Posted by Fattchai > 2021-09-24 14:42 | Report Abuse

fly fly fly

Posted by Hew Kiong Peng George > 2021-09-28 07:31 | Report Abuse

this co pe 5,net cash 46sen

Posted by thesteward > 2021-09-28 08:12 | Report Abuse

A gem

Posted by wallstreetrookie > 2021-09-28 10:41 | Report Abuse

Not really. The stock just won't move after MPlus promoted this stock. This is frustrating.

Posted by sapurakencana > 2021-09-28 13:05 | Report Abuse

When all the export oriented counter hit new high in their Revenue,this stock still maintain at 53mil level & net profir keep on dropping 16.42% compare to previous quarter,what i concern is may be their product lack of competetiveness ,cause export sales can not move,am i right.

Posted by sapurakencana > 2021-09-28 13:08 | Report Abuse

no use to promote without support of solid result,if result can not improve for coming quarter,i dont see this price is reasonable.

Posted by risktoreward > 2021-09-28 16:07 | Report Abuse

Enter at 0.895

Posted by sapurakencana > 2021-09-28 16:35 | Report Abuse

Stop enter,go to energy!

Posted by VTrade > 2021-09-28 23:20 | Report Abuse

Not so success today.
Usd problem

Posted by wallstreetrookie > 2021-09-30 14:51 | Report Abuse

interest rate hike play

Posted by wallstreetrookie > 2021-09-30 14:57 | Report Abuse

Load up on more Success. This stock will perform well despite high interest-rate environment. Secular growth in play

Posted by SpicyMcDeluxe > 2021-10-04 09:04 | Report Abuse

kekw

Posted by risktoreward > 2021-10-04 13:15 | Report Abuse

Nice, looking like a successful trade

Posted by damansaraeagle > 2021-10-04 15:08 | Report Abuse

trying to break

Posted by damansaraeagle > 2021-10-04 18:03 | Report Abuse

down useless

Posted by wallstreetrookie > 2021-10-05 08:32 | Report Abuse

Success Transformer Corp. Maintain Overweight - also a interest rate hike play

Posted by cheeseburger > 2021-10-05 08:57 | Report Abuse

test lower to 0.90

Posted by risktoreward > 2021-10-05 09:03 | Report Abuse

Release success first at 0.93, chart getting ugly

Posted by damansaraeagle > 2021-10-05 09:34 | Report Abuse

0.91 at volume of 688,000 , what it means ?

Posted by damansaraeagle > 2021-10-05 09:43 | Report Abuse

15 Jul 2021 Acquired
8,500 FMR LLC
15 Jul 2021 Acquired
8,500 ABIGAIL P. JOHNSON
14 Jul 2021 Acquired
289,800 FMR LLC
14 Jul 2021 Acquired
289,800 ABIGAIL P. JOHNSON
03 Jun 2021 Acquired
543,200 ABIGAIL P. JOHNSON
03 Jun 2021 Acquired
543,200 FMR LLC
06 Apr 2021 Acquired
16,738,900 ABIGAIL P. JOHNSON
15 May 2020 Disposed
600,000 DATUK LIM CHAI BENG

Posted by Topstar > 2021-10-06 10:32 | Report Abuse

Going back to below 0.88 in the next few days

Posted by wallstreetrookie > 2021-10-06 10:44 | Report Abuse

Buy the dip

Posted by wallstreetrookie > 2021-10-06 10:45 | Report Abuse

Maintain RM1.20 price target