【SUCCESS 7207 交流专区】前风

草下飞

刚刚又写了一些分析

关于草下飞的问题，第一个呢，我看你在另一个论坛也有问到一样的问题。老实说，除了 ...
danielong1982 发表于 14-3-2011 10:47 PM

    就算我当它没做假账，过高的receivables很危险，万一烂账收不回怎么办？
还有，过高的inventory万一市场的货大跌价，不是亏很大吗？

我email 3 次给success...前后一个多月了，每人鸟我。。。公司真的那么好？

danielong1982

回复 29# 草下飞

老实讲，我也不会回答，所以我的资金分散在几个股票。安全至上。

草下飞

谁知道为什么这公司的基本面不错，股价却一直不振？
是不是有一些我们都没看见的东西？

草下飞

Revenue 63,865 52,427 178,370 140,321
Operating profit 9,959 7,563 27,234 24,509
Interest expense (433) (245) (1,151) (521)
Interest income 90 131 285 259
Profit before tax 9,616 7,449 26,368 24,247
Income tax expense (2,432) (1,858) (6,486) (5,965)
Net profit for the period 7,185 5,591 19,882 18,282
Other comprehensive income
Currency translation differences 371 (400) 206 (808)
for foreign operations
Total comprehensive income 7,556 5,191 20,088 17,474
for the period
Net profit attributable to:
Owners of the parent 6,725 5,286 18,722 17,354
Non-controlling interest 460 305 1,160 928
7,185 5,591 19,882 18,282
Total comprehensive income attributable to:
Owners of the parent 7,096 4,886 18,928 16,546
Non-controlling interest 460 305 1,160 928
7,556 5,191 20,088 17,474
Earnings per share (in sen) for net profit attributable to owners of the parents :
Basic earnings per share 5.92 4.52 16.47 14.85

草下飞

最新EPS = 5.92。。3个季度的eps = 16.47
去年同期eps=4.52。。去年3个季度的eps =14.85

业绩是不错，到底有什么问题？
难道真的是被忽略的股？

leekwanhow

吃了泻药。
楼主还说能轻易守住RM1 关口。。

icy97

SUMMARY OF KEY FINANCIAL INFORMATION

31/12/2011

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2011	31/12/2010	31/12/2011	31/12/2010
		$$'000	$$'000	$$'000	$$'000
1	Revenue	76,890	67,144	255,260	207,465
2	Profit/(loss) before tax	8,193	10,169	34,561	34,416
3	Profit/(loss) for the period	6,639	7,674	26,520	25,956
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,897	6,649	24,618	24,003
5	Basic earnings/(loss) per share (Subunit)	5.17	5.74	21.59	20.73
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	1.00	3.50
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.4700		1.2500

icy97

Submitting Merchant Bank	:	N/A
Company Name	:	SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name	:	SUCCESS
Date Announced	:	08/05/2012

EX-date	:	23/05/2012
Entitlement date	:	25/05/2012
Entitlement time	:	04:00:00 PM
Entitlement subject	:	Interim Dividend
Entitlement description	:	Tax Exempt Interim Dividend of 6% for the financial year ending 31 December 2012
Period of interest payment	:	to
Financial Year End	:	31/12/2012
Share transfer book & register of members will be	:	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	:	Symphony Share Registrars Sdn Bhd Level 6 Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Tel: 03-78418000
Payment date	:	08/06/2012
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	:	25/05/2012
b. Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit	:
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)	:
Entitlement indicator	:	Percentage
Entitlement in percentage (%)	:	6

icy97

SUMMARY OF KEY FINANCIAL INFORMATION

31/03/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2012	31/03/2011	31/03/2012	31/03/2011
		$$'000	$$'000	$$'000	$$'000
1	Revenue	64,441	52,821	64,441	52,821
2	Profit/(loss) before tax	8,615	7,047	8,615	7,047
3	Profit/(loss) for the period	6,598	5,321	6,598	5,321
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,621	5,246	5,621	5,246
5	Basic earnings/(loss) per share (Subunit)	4.89	4.66	4.89	4.66
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.5100		1.4700

icy97

前風變壓器股價為何沒起色？

投資致富  2012-06-03 19:20

小胡問：
看了前風變壓器（SUCCESS，7207，主板工業產品組）的財報都算不錯，財務狀況也不俗，為甚麼這幾年股價平淡無起色呢？個人看好其新的液晶顯示器業務。究竟甚麼原因導致股價表現那麼差呢？預測接下來幾年的前景如何呢？

答：
前風變壓器從以往銷售變壓器及充電器等，逐漸擴展至發光二極管製造業務，以順應全球環保趨勢。近幾年的盈利水平都不相上下，而去年全年淨利則揚升2.56%至2千461萬8千令吉。

管理層曾表示，儘管以內部成長為主，但若有合適目標，仍會採取併購行動。目前海外業務作出20%營業額貢獻，從估值方面來看，該股的本益比只有約4倍，而且每股淨資產也達1令吉47仙，相信未來股價仍有成長空間。（星洲日報／投資致富‧投資問診室）

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2012	30/06/2011	30/06/2012	30/06/2011
		$$'000	$$'000	$$'000	$$'000

1	Revenue	80,071	61,684	144,512	114,505
2	Profit/(loss) before tax	10,504	9,705	19,119	16,752
3	Profit/(loss) for the period	7,565	7,375	14,163	12,697
4	Profit/(loss) attributable to ordinary equity holders of the parent	6,615	6,751	12,236	11,997
5	Basic earnings/(loss) per share (Subunit)	5.76	5.98	10.65	10.63
6	Proposed/Declared dividend per share (Subunit)	3.00	1.00	3.00	1.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.5300		1.4700

大棵呆

业绩出来了，还是那副死人样！

Trade Receivable 高到半死，Cash on hand 才那么一点。Short Term Borrowing 是 cash 的两倍三。Cash Flow 真的有问题。

好心！加强收债能力才能讲Sales啦！

SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2012	30/09/2011	30/09/2012	30/09/2011
		$$'000	$$'000	$$'000	$$'000

1	Revenue	80,000	63,865	224,512	178,370
2	Profit/(loss) before tax	11,873	9,616	30,746	26,368
3	Profit/(loss) for the period	9,544	7,185	23,462	19,882
4	Profit/(loss) attributable to ordinary equity holders of the parent	8,466	6,725	20,457	18,722
5	Basic earnings/(loss) per share (Subunit)	7.38	5.92	17.83	16.47
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	3.00	1.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.6000		1.4700

icy97

SUCCESS TRANSFORMER CORPORATION BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	Success Transformer Corporation Berhad ("STC" or "the Company") - Equity Investment in Nikkon Lighting (Thailand) Co. Ltd. ("NLT")
The Board of Directors of STC wishes to announce that the Company had on 20 November 2012, subscribed for a total of 9,800 ordinary shares of THB100.00 each in NLT, representing 49% of the total issued capital of NLT (“Equity Investment in NLT”) for a total cash consideration of THB980,000 (approximately RM98,000*) (“Equity Investment in NLT”). Upon receipt of the relevant documents including but not limited to certificate of incorporation and share certificate(s) of NLT by STC on 4 January 2013, the Equity Investment in NLT is deemed completed. In relation thereto, NLT became a 49% owned associate of STC. This announcement is dated 04 January 2013.

Attachments Investment in NLT.pdf

icy97

SUCCESS TRANSFORMER CORPORATION BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	Success Transformer Corporation Berhad (“STC” or “the Company”) - PROPOSED ACQUISITION OF AN INDUSTRIAL LAND BY SUCCESS TRANSFORMER MARKETING SDN. BHD. (“STMKT”), A WHOLLY OWNED SUBSIDIARY OF STC FROM MOREMAS SDN. BHD. (“MMSB” or “the Vendor”)
The Board of Directors of STC wishes to announce that STMKT, a wholly owned subsidiary of STC, had on 19 February 2013 accepted an offer ("Letter of Offer") from MMSB, to acquire a piece of land, held under 3 separate titles no. HSD 283453 PT 690, HSD 283454 PT 689 and HSD 283455 PT 691 in Pekan Subang, Daerah Petaling, measuring approximately 4046 square meters, 4045 square meters, and 2697 square meters respectively ("the Land") for a total purchase consideration of RM9,000,000.00 ("Proposed Transaction"). This announcement is dated 20 February 2013.

Attachments Announcement - STMkt acquisition of land 20022013_FINAL.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2012	31/12/2011	31/12/2012	31/12/2011
		$$'000	$$'000	$$'000	$$'000

1	Revenue	75,692	76,890	300,204	255,196
2	Profit/(loss) before tax	11,545	8,193	41,977	34,358
3	Profit/(loss) for the period	9,095	6,639	32,243	26,475
4	Profit/(loss) attributable to ordinary equity holders of the parent	8,042	5,897	28,183	24,493
5	Basic earnings/(loss) per share (Subunit)	7.01	5.17	24.58	21.48
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	3.00	1.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.6600		1.4700

icy97

SUCCESS TRANSFORMER CORPORATION BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED ACQUISITION OF AN INDUSTRIAL LAND BY SUCCESS TRANSFORMER MARKETING SDN. BHD. (“STMKT”), A WHOLLY OWNED SUBSIDIARY OF STC FROM MOREMAS SDN. BHD. (“MMSB” or “the Vendor”)
The Board of Directors of STC wishes to announce that STMKT, a wholly owned subsidiary of STC, had on 25 March 2013 entered into a Sale & Purchase Agreement (“S&P”) with MMSB, to acquire the Land for a total purchase consideration of RM9,000,000.00. This announcement is dated 26 March 2013.

Attachments STMkt acquisition of land .pdf

icy97

SUCCESS TRANSFORMER CORPORATION BERHAD

EX-date	20/05/2013
Entitlement date	22/05/2013
Entitlement time	04:00:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Tax Exempt Interim Dividend of 6% for the financial year ending 31 December 2013
Period of interest payment	to
Financial Year End	31/12/2013
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Symphony Share Registrars Sdn Bhd Level 6 Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Tel: 03-78418000
Payment date	07/06/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	22/05/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Percentage
Entitlement in percentage (%)	6

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/03/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2013	31/03/2012	31/03/2013	31/03/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	65,291	64,441	65,291	64,441
2	Profit/(loss) before tax	8,511	8,615	8,511	8,615
3	Profit/(loss) for the period	6,394	6,598	6,394	6,598
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,913	5,621	5,913	5,621
5	Basic earnings/(loss) per share (Subunit)	5.25	4.89	5.25	4.89
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.7400		1.6700

vincychong

等你下跌喔！

icy97

SUCCESS TRANSFORMER CORPORATION BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	SUCCESS TRANSFORMER CORPORATION BERHAD (“STC” OR “THE COMPANY”) INCREASE EQUITY INVESTMENT BY BOXON INDUSTRIES HARDWARE SDN. BHD. (“BIH”), A 60% OWNED SUBSIDIARY OF STC IN PT. BOXON NIKKON JAYAINDO. (“BNJ”)
The Board of Directors of STC (“the Board”) wishes to announce that its subsidiary, BIH, had on 22 July 2013 acquired additional 60,000 ordinary shares of USD $1.00 each in BNJ, representing an additional equity interest of 20% share in the issued and paid-up capital of BNJ ( “increase equity investment”). Further details of the Equity Investment are set out in the attachment enclosed. Following the increase equity investment, BIH holds 80% equity interest in BNJ. This announcement is dated 22 August 2013.

Attachments PT BNJ (INCREASE EQT INTEREST).pdf