SUCCESS TRANSFORMER CORP BHD

KLSE (MYR): SUCCESS (7207)

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Last Price

0.99

Today's Change

+0.01 (1.02%)

Day's Change

0.98 - 0.995

Trading Volume

134,200


7 people like this.

1,999 comment(s). Last comment by Safeld65 4 days ago

Posted by chimchim2828 > 2021-11-17 12:43 | Report Abuse

any news??? going further south?

Posted by wallstreetrookie > 2021-11-17 12:46 | Report Abuse

Do not recommend to buy the dip yet.

Posted by chimchim2828 > 2021-11-17 12:51 | Report Abuse

short or long term also no good holding as of now?? next quarter...zZZzzzz..Any news??anyone?

wallstreetrookie Short term traders should exit. Long term investors wait until next quarter to buy the dip.
17/11/2021 12:43 PM

Alwinb

74 posts

Posted by Alwinb > 2021-11-17 13:03 | Report Abuse

FMR Llc, which has 7% stake, could be selling off investment in Malaysia including Success as Malaysia is no longer favoured due to incompetent Govt and high level of corruption

Alwinb

74 posts

Posted by Alwinb > 2021-11-17 13:05 | Report Abuse

Regulators are toothless tiger and being challenged....

Posted by chimchim2828 > 2021-11-17 13:10 | Report Abuse

is that possible??? 40% drop?? but any news for success?

xiaoeh

2,425 posts

Posted by xiaoeh > 2021-11-17 13:15 | Report Abuse

anything to do with ESOS on 11 nov?

Posted by chimchim2828 > 2021-11-17 13:17 | Report Abuse

ESOS on 11/11 can cause price drop today?? any sifu mind explain??

VTrade

2,434 posts

Posted by VTrade > 2021-11-17 13:23 | Report Abuse

Good company no longer Good? Esos got how many share?

awesome20

1,184 posts

Posted by awesome20 > 2021-11-17 14:28 | Report Abuse

wonder

Posted by wallstreetrookie > 2021-11-17 14:32 | Report Abuse

Don't know but lost quite a huge portion of profits here @pang72. Not a good day for me

sanjanx

112 posts

Posted by sanjanx > 2021-11-17 14:39 | Report Abuse

anyone got info?

Posted by KLCIForever1600 > 2021-11-17 14:51 | Report Abuse

washing?

ckc722

53 posts

Posted by ckc722 > 2021-11-17 15:00 | Report Abuse

good stock but need to wait, see wat is going on since next quarter result is coming

jwyap

835 posts

Posted by jwyap > 2021-11-17 15:02 | Report Abuse

washing

Posted by KLCIForever1600 > 2021-11-17 15:27 | Report Abuse

Rebound

jwyap

835 posts

Posted by jwyap > 2021-11-17 15:35 | Report Abuse

close hope can up to rm1

Posted by gregorythe2 > 2021-11-17 15:57 | Report Abuse

(prediction) incoming buyback if this dip continues

richmao

490 posts

Posted by richmao > 2021-11-18 00:11 | Report Abuse

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

mf

28,019 posts

Posted by mf > 2021-11-18 08:11 | Report Abuse

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.

xiaoeh

2,425 posts

Posted by xiaoeh > 2021-11-18 08:59 | Report Abuse

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

richmao

490 posts

Posted by richmao > 2021-11-19 09:24 | Report Abuse

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

joelyk

45 posts

Posted by joelyk > 2021-11-19 11:34 | Report Abuse

Time for rebound ?

richmao

490 posts

Posted by richmao > 2021-11-19 12:12 | Report Abuse

no shark how to rebound , dead stock already lolz

Alwinb

74 posts

Posted by Alwinb > 2021-11-19 12:12 | Report Abuse

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

Alwinb

74 posts

Posted by Alwinb > 2021-11-19 12:13 | Report Abuse

Anyway, dont expect good quarter

Posted by gregorythe2 > 2021-11-19 14:45 | Report Abuse

what does "shark" mean?

Posted by tzeleng_chuah > 2021-11-20 16:28 | Report Abuse

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

stockraider

31,556 posts

Posted by stockraider > 2021-11-21 11:26 | Report Abuse

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 ?

richmao

490 posts

Posted by richmao > 2021-11-22 14:35 | Report Abuse

no way this is con stock lolz

s123445

272 posts

Posted by s123445 > 2021-11-22 23:57 | Report Abuse

Time for rebound oversold already

Posted by Loh Ken Nei > 2021-11-23 18:34 | Report Abuse

QR no good

Posted by ipohwhitecoffee > 2021-11-23 18:37 | Report Abuse

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

richmao

490 posts

Posted by richmao > 2021-11-23 22:05 | Report Abuse

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

Icon 888

2,233 posts

Posted by Icon 888 > 2021-11-24 20:28 | Report Abuse

Success .. Nama banyak bagus

Posted by gregorythe2 > 2021-11-25 17:46 | Report Abuse

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

aiman77

59 posts

Posted by aiman77 > 2021-11-25 21:24 | Report Abuse

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

richmao

490 posts

Posted by richmao > 2021-11-26 00:52 | Report Abuse

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

Posted by ipohwhitecoffee > 2021-11-26 08:10 | Report Abuse

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

Posted by wallstreetrookie > 2021-12-13 11:39 | Report Abuse

Slap the ask

Posted by wallstreetrookie > 2021-12-13 11:39 | Report Abuse

Classic fear manipulation.

awesome20

1,184 posts

Posted by awesome20 > 2021-12-13 17:15 | Report Abuse

check annoucement

Alantam

83 posts

Posted by Alantam > 2021-12-15 14:40 | Report Abuse

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

Alantam

83 posts

Posted by Alantam > 2022-01-01 18:07 | Report Abuse

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

Alantam

83 posts

Posted by Alantam > 2022-01-05 10:58 | Report Abuse

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

Gerard Lam

176 posts

Posted by Gerard Lam > 2022-01-06 16:30 | Report Abuse

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.

nicholas99

9,844 posts

Posted by nicholas99 > 2022-01-07 08:36 | Report Abuse

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

Alantam

83 posts

Posted by Alantam > 2022-01-07 09:45 | Report Abuse

got contract soon. fly

cheeseburger

2,787 posts

Posted by cheeseburger > 2022-01-07 21:45 | Report Abuse

take note ESOS issued on 10-Jan.

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