MESTRON (0207) Mestron Holdings Bhd is engaged in the pole business. It offers
various pole product such as Street lighting pole, Decorative pole,
Camera pole, Telecommunication monopole, traffic pole and oil and gas
and mining light pole.
Business Potential
- implement of 5g will benefit mestron, smart outdoor lighting in app with 5g
- specialty poles is a key catalyst for manufacturing 5g tech
-higher specifications and quality as compared to the traditional light bulbs
-Government wants all new streetlight to be LED lamps instead of traditional light bulbs
-Now Malaysia public place still using 80% of traditional streetlamps, most of it will be replaced to LED within few years.
sources: https://www.nst.com.my/business/2019/06/497197/newly-listed-mestron-ride-broadband-convergence
Streetlights to be LED lamps starting 2019 sept :
sources : https://www.thestar.com.my/news/nation/2019/04/07/all-streetlights-to-be-led-lamps-starting-september
Products
-Street Lighting Pole
-Decorative Pole
-Camera Pole
-Mid-Hinge Collapsable pole
-Tlecommunication Monopole
-High Mast
-Traffic Pole
-Oil And Gas, And Mining Light poles
Sources : http://www.mestron.com.my/products/
finally we estimate the target of Mestron is
tp1 RM0.25
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https://klse.i3investor.com/blogs/share4u2019/2020-01-06-story-h1482060798-Mestron_Low_Profile_Company_That_Related_to_OnG_5G_and_led_Business.jsp