Quarter result comes on in a month time. This year result will be excellent. Normally when near result out, big fund will start collecting. Last time result out 27 November. Look at the chart yourself and see when it start happening and the one before 25 Aug and check again and again and you will see it's roughly this time scale. Make sense or not? Duit may have different reason but this is my own explanation. Of course need to view overall market sentiment as well
One of Malaysia’s low voltage transformer and industrial lighting manufacturers, has out performed most of its peers with double digits growth in sales and profits for the first half of 2014. Amid a challenging environment faced by the company, it saw its pre tax profit rise 21.4% to rm25.4 million in 1HFY2014 while revenue increased 27.7% to rm189.6 million.
For FY2013 the transformer and lighting segment accounted for 67% of sales with the balance contributed by the process equipment segment. Going forward, the transformer business will expand into niche markets such as IT and marine while SUCCESS also expects higher contribution from LED lighting which is benefiting from increasing demand for energy efficient lighting products.
SUCCESS has seen steady growth over the years. From FY2010 to FY2013 revenue grew by a CAGR of 15.8% to rm322.8 million while pre tax profit increased by a CAGR of 9.3% to rm44.9 million. The local market contributed 83.8% to sales in FY2013 while the rest came from exports.
Its net gearing ratio stands at a manageable 25.1%.
It is currently (28 Dec 2014) trading at a low trailing 12 month PER of 6.4 times and 0.8 times book value.
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....
coolwinter99
118 posts
Posted by coolwinter99 > 2015-01-13 13:41 | Report Abuse
Tml 14,coming?!