SUCCESS TRANSFORMER CORP BHD

KLSE (MYR): SUCCESS (7207)

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Last Price

0.70

Today's Change

-0.005 (0.71%)

Day's Change

0.70 - 0.705

Trading Volume

207,800

Changes
Ann. Date Date Type Name Title View
Discussions
6 people like this. Showing 50 of 1,866 comments

jwyap

close hope can up to rm1

2021-11-17 15:35

gregorythe2

(prediction) incoming buyback if this dip continues

2021-11-17 15:57

richmao

those throw definitely not retailer , basically with this volume, fund , shark ?/ no idea but really not good sign , just in 20 min. really not good my profit wide off and make lost . lucky cut early minimize my lost. sad

2021-11-18 00:11

mf

SINGAPORE: Singapore reported 3,474 new COVID-19 cases as of noon on Wednesday (Nov 17), as seven more people died from complications due to the coronavirus.

The fatalities were aged between 47 and 83. All of them had various underlying medical conditions. The Ministry of Health (MOH) did not specify what these medical conditions were.

2021-11-18 08:11

xiaoeh

mf anything to do with the sg covid case for Success drop?

2021-11-18 08:59

richmao

you see the number Q to sell and buy. obviously shark run already, now is retailer vs retailer only.

2021-11-19 09:24

joelyk

Time for rebound ?

2021-11-19 11:34

richmao

no shark how to rebound , dead stock already lolz

2021-11-19 12:12

Alwinb

The seller is selling down all the way... Just wait

2021-11-19 12:12

Alwinb

Anyway, dont expect good quarter

2021-11-19 12:13

gregorythe2

what does "shark" mean?

2021-11-19 14:45

tzeleng_chuah

What have caused the price dropped so much on 17/11 ?

2021-11-20 16:28

stockraider

Esos force selling ?

Posted by tzeleng_chuah > Nov 20, 2021 4:28 PM | Report Abuse

What have caused the price dropped so much on 17/11 ?

2021-11-21 11:26

richmao

no way this is con stock lolz

2021-11-22 14:35

s123445

Time for rebound oversold already

2021-11-22 23:57

Loh Ken Nei

QR no good

2021-11-23 18:34

ipohwhitecoffee

Now we knew insider disposed one week earlier due to dissapointing QR..

2021-11-23 18:37

richmao

Become dead stock. QR boom, insider won't hold this stock at this moment.

2021-11-23 22:05

Icon 888

Success .. Nama banyak bagus

2021-11-24 20:28

gregorythe2

would the MCO truly have cut sales so much? i mean, they're not a retail business.

2021-11-25 17:46

aiman77

Shark selling maybe,i also sell,rugi little bit..huh..from profit become lost

2021-11-25 21:24

richmao

This con stock, throw like this you know i know. cant use on TA or oversold, it can be low and low. let see

2021-11-26 00:52

ipohwhitecoffee

LMAO 0.775. Problem of nt taking profit in Bursa is you lost more holding shares...

2021-11-26 08:10

wallstreetrookie

Slap the ask

2021-12-13 11:39

wallstreetrookie

Classic fear manipulation.

2021-12-13 11:39

awesome20

check annoucement

2021-12-13 17:15

Alantam

heard some people say got plan to evaluate proposal for EV?

2021-12-15 14:40

Alantam

Surge in orders soon to replace flood lights and led lights in Malaysia

2022-01-01 18:07

Alantam

EV + replacement of flood lights in Malaysia = TP RM2 at least

2022-01-05 10:58

Gerard Lam

Success' main business comprise of:

i. Manufacturing and selling of transfomers to municipal and governments (Malaysia, China, Australia, Singapore, Kenya)

ii. Manufacturing and selling of smart lighting ("ILCS") to municipal and governments

iii. Manufacturing and Fabrication of metal/steel/aluminium for smart lighting via its subsidiary Omega Steel Industries

iv. Portable air purifier (Kare4u) using Korean technology approved by FDA

The company is highly undervalued in terms of financials, as net cash of the company (including short term investments) are valued at RM0.55/share

The company's net assets or equity value is RM1.47 per share with zero borrowings.

The company's products are highly scalable into smart technologies in Electric Vehicles and Solar.

Based on Nov21 chart, the share price experienced a sell off post ex-dividend date and reporting of Q1 financials.

However, the company is widely expected to report better financials in FY22 as economies open up and municipal and governments replace conventional lighting with smart lighting with monitoring and sensor system.

Note that the company's intangible value is that they fabricate their own products, thus not being adversely affected in the purchase supply chain.

Further catalyst is the company's recently launched business on Korean air purifier approved by FDA. This product has been selling like hot cakes in recent months as the economy gradually opens up with the need for greater hygienic level.

During the recently concluded AGM, management did not rule out any business opportunities / collaboration in the EV industry.

At current price of RM0.795, the company is definitely worht a relook.

2022-01-06 16:30

nicholas99

just say all the pros.. didn't mention the cons..

2022-01-07 08:36

Alantam

got contract soon. fly

2022-01-07 09:45

cheeseburger

take note ESOS issued on 10-Jan.

2022-01-07 21:45

Intrinsic99

Post removed.Why?

2022-01-08 18:20

SHOB

esos ........sien lah ,price how to up,will buy lower and lower.good luck

2022-01-15 15:01

AlanNga

OTB said in secret chat he begin to sai lang Success. Time to buy? Or sell?

2022-01-16 03:53

vcinvestor

the name literally cannot go wrong!

2022-01-26 14:05

Gerard Lam

Note that all 3 of Success Transformers products has been receiving myriads of orders in recent months.

This is due to:
1. The replenishment exercise by major Municipals due to damages to street lights.
2. Air purifier product being sold like hot cake since end of last year.
3. Potential moving into EV segment via electric charging of batteries

At RM0.755 per share, the company is highly undervalued.

Expect Q4 results to show significant improvement due to factors 1 & 2 above.

Share price is expected to further propel once factor 3 is finalized.

2022-02-15 11:30

Alwinb

Gerald, are factors1 & 2 your assumptions or are they factual

2022-02-16 14:32

CUTLOST

Nice success

2022-02-24 16:40

wallstreetrookie

Time to buy-back. Fidelity is a bad investor

2022-03-22 14:27

wallstreetrookie

They sell we buy from Fidelity

2022-03-22 14:28

beeair2013

I am in @ 0.805………..

2022-04-14 18:13

investortrader88

Managed to get some tickets at RM0.73.good luck guys.

2022-05-30 12:33

wallstreetrookie

Good choice

2022-05-30 12:36

investortrader88

@wallstreetrookie.tks sifu

2022-05-30 13:10

SincereStock

1st time investing this stock at 0.745

2022-08-25 15:42

Jeremy_Chew

hidden gem... net cash company, should worth >RM1

Prospects
Our country has entered into the endemic phase of Covid-19 beginning 1 April 2022, and this
recovery is expected to gain momentum in 2022. This is underpinned by several factors
including continued expansion in external demand, full upliftment of containment measures,
reopening of international borders, and further improvement in labour market conditions.
However, there are uncertainty in both marco and micro economy activities that is triggered by
geopolitical concerns, inflation, foreign exchange volatility and liquidity tightening across the
market.
Despite all the uncertainty, the Group believes that the growth of the Group will be supported
by the steady demand for smart lighting and LED lighting in view of the increasing global
demand for LED lighting to replace conventional lighting in order to increase energy efficiency
and reducing in carbon footprint. Furthermore, the Group also believes it will benefit from the
global development of set up smart cities which helps to meet sustainability goals by enhancing
city living and utilise superior technology such as Intelligent Light Control System and sensors
to address economic, social and ecological challenges of the city while reducing costs.
For our transformer products, the established well-known brand name of QPS remain the key
player in the local low voltage transformer market. We believe the sales momentum will drive
upwards, particularly in data centres industry and with the implementation of “Industrial 4.0”
within the South East Asia (S.E.A.) region.
Barring any unforeseen circumstances, the Group believes that the overall performance for the
financial year ending 30 June 2023 will remain satisfactory

2022-10-06 14:03

Gerard Lam

Company fundamentals remain strong.

Expected to benefit tremendously from KL Smart City 2030 as investments in Smart lighting picks up.

4 days ago

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