GLOBETRONICS TECHNOLOGY teamed up with a US-based company to develop the world's brightest LED module in cool white and warm white colour that would be 10 times brighter than the present LED module containing two LED chips with a brightness of over 200 lumens per watt.
GLOBETRONICS CEO, HENG HUCK LEE was reported in STARBIZ on Jun 7, 2010 said that the LED prototypes in cool white and warm white colour would be out in the next six months. Their cost would be about five times more expensive than conventional lighting, compared to the cost of present LED lighting, which is 10% to 15% higher than conventional lighting ...." addint that " .... The challenge is to convert efficiently a high percentage of electricity into light, which will then drive down the cost of lumens per watt ....".
**news on 22 june 2010
ETP of malaysia mentioned green energy~LED light
cash rich with net free cash flow company...
profitable company with current 9-10% margin...
green energy company...
PE of 19 with a DY around 6%
has been adjusted more than 30% from the recent peak...
RSI shown oversold(<30)
i always look for cash rich company with consistent yearly dividend payout...
then awareness of save the world getting hotter...
Malaysia plan to eliminate the normal light bulb and use LED light bulb...
good fundamental and good industry allow me to start putting in $$ into this counter..
holding term~medium-long...
will sell some of the stake to realize some profit at 30% gain and above.
current cash ratio still remain high at 47%!!!
major holdings are CCK and Gtronic.
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