a. TS 2nd factory is ready but idle or empty due to bad market condition and no investor coming in. Meaning current run rate maybe only 3 or 4 lines out of the total capacity of 10 line. b. Old technology - TS only has traditional technology and the solar cell efficiency is lower compare to those China & Taiwan giants with latest PERC technology. c. Taiwan Solartech only invest 2 production line in TS and no intention for further investment or technology upgrade at this moment. d. Solar cell price keep on coming down due to market over supply. Making situation getting worst. e. US anti dumpling / anti subsidy towards Taiwan is being revise to less than 5% for Taiwan Solartech - no point to further invest in TS due to low tax rate. f. Most of the China/Taiwan Giant now have factories in Msia (Jinko, JA Solar), Thailand (Trina) & Vietnam to avoid US anti dumpling/anti subsidy tax. g. Big fish will be getting bigger & bigger. Small fish can survive?
Stock: [TEKSENG]: TEK SENG HOLDINGS BHD
2017-06-01 08:49 | Report Abuse
My point of view on this counter:-
a. TS 2nd factory is ready but idle or empty due to bad market condition and no investor coming in.
Meaning current run rate maybe only 3 or 4 lines out of the total capacity of 10 line.
b. Old technology - TS only has traditional technology and the solar cell efficiency is lower compare
to those China & Taiwan giants with latest PERC technology.
c. Taiwan Solartech only invest 2 production line in TS and no intention for further investment or
technology upgrade at this moment.
d. Solar cell price keep on coming down due to market over supply. Making situation getting worst.
e. US anti dumpling / anti subsidy towards Taiwan is being revise to less than 5% for Taiwan
Solartech - no point to further invest in TS due to low tax rate.
f. Most of the China/Taiwan Giant now have factories in Msia (Jinko, JA Solar), Thailand (Trina) &
Vietnam to avoid US anti dumpling/anti subsidy tax.
g. Big fish will be getting bigger & bigger. Small fish can survive?
Good luck to all.