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Overview
Financial Highlight
Headlines
Business Background Success Transformer Corp Bhd is engaged in the design, manufacturing, and distribution of electrical apparatus, industrial lighting and process equipment. The business operates in segments that include Transformers, Lighting, and Related Products, which manufacture and market electrical apparatus industrial lighting and metal products focusing on metal casing and stamping parts; and Process Equipment, which fabricates process equipment and metal structures and the provision of maintenance, repair and shutdown works. The Transformers, Lighting, and Related Products generate maximum revenue for the company. It exports its products to the People’s Republic of China.
  richmao you see the number Q to sell and buy. obviously shark run already, now is retailer vs retailer only. 19/11/2021 9:24 AM 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 ? 21/11/2021 11:26 AM ipohwhitecoffee Now we knew insider disposed one week earlier due to dissapointing QR.. 23/11/2021 6:37 PM richmao Become dead stock. QR boom, insider won't hold this stock at this moment. 23/11/2021 10:05 PM  gregorythe2 would the MCO truly have cut sales so much? i mean, they're not a retail business. 25/11/2021 5:46 PM aiman77 Shark selling maybe,i also sell,rugi little bit..huh..from profit become lost 25/11/2021 9:24 PM 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 26/11/2021 12:52 AM ipohwhitecoffee LMAO 0.775. Problem of nt taking profit in Bursa is you lost more holding shares... 26/11/2021 8:10 AM Gerard Lam https://klse.i3investor.com/blogs/GLam/2021-11-29-story-h1594704346-New_PPE_player_in_town_Success_Transformers_Kare_For_U_FDA_approved_por.jsp 29/11/2021 9:10 AM 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. 06/01/2022 4:30 PM AlanNga OTB said in secret chat he begin to sai lang Success. Time to buy? Or sell? 16/01/2022 3:53 AM 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. 15/02/2022 11:30 AM 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 06/10/2022 2:03 PM Gerard Lam Company fundamentals remain strong. Expected to benefit tremendously from KL Smart City 2030 as investments in Smart lighting picks up. 02/02/2023 1:13 PM wallstreetrookieNEW Success Transformers upgraded to Trading Buy with a short term price target of RM0.85 17/02/2023 10:07 AM wallstreetrookieNEW NTA: RM1.40 Positive cash-rich company to benefit from lower raw material cost, potential new contracts/projects as well as growing customer base 17/02/2023 10:09 AM  superbullklse SUCCESS 的业绩更新 ~ 你们怎么看？ https://klse.i3investor.com/web/blog/detail/superbullklse/2023-03-03-story-h-296530618 03/03/2023 10:42 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||
