netnexus

netnexus | Joined since 2017-02-16

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Stock

2017-07-09 08:26 | Report Abuse

I bet some have left out reading this in the article: "But, she was also quick to point out that, to be fair, not all China-based companies should be tarred with the same brush."

I have not seen Hengyuan missing their reporting seasons and they have been complying all the time.

I really think that some uninformed investors and traders are quick to comment that since some of the China companies are like that, then all are like that. What kind of mentality is that?

Stock

2017-03-02 00:50 | Report Abuse

Look at the Positive outlook of shareholders for EATECH eventhough their recent Quarter Earnings Percentages in comparison ( QoQ -4,729.85%, YoY -150.22%) http://klse.i3investor.com/servlets/stk/annqtyres/5259.jsp , where their QoQ percentage drop is far far far (ridiculously) worse, YoY percentage drop (almost similar worse results) than TEKSENG.

In comparison, EATECH's price: the day after quarter results announcement, EATECH's share price dropped to a low of 0.55 and rebounded to 0.68, closed at 0.67 with high volume (higher than their recent close price of 0.64 before bad quarter announcement), shows that the shareholders for EATECH did not overreact but shareholders for TEKSENG recently overreacted on their minimally negative Quarter announcement. What a shame!

Stock

2017-02-24 19:38 | Report Abuse

I assume analysts and big players due to the fact that they see annual company financial performances year on year and TS improving fundamentals YEAR on YEAR in TOTAL. They could extrapolate that year on year performance keeps improving, hence buying the shares at a low price for total future quarters. However, small players see the small picture and will sell their shares low and cheaply to the big players who see the bigger picture!

Stock

2017-02-24 19:08 | Report Abuse

Look at the bigger picture, the earnings for this recent quarter dropped but the TOTAL of all Quarter Earnings, for the Financial Year 2016, Tek Seng's Total Revenue and Net Profit (if you add all Quarter Results for 2016) increased as compared to the Totals for Financial Year 2015! Hence, an improvement in performance annually! This final quarter result is to complete the totals for the Year 2016 Annual Report, obviously, there is a great improvement in TOTAL financial quarter results compared to the previous Year 2015 Annual Report! Looking at Tek Seng's historical financial performance, usually, the final quarter results are negative but the first, second and third quarters are positive. Looking at company performance, I look at the annual performance in whole as an improvement to the previous year.

Stock

2017-02-24 10:51 | Report Abuse

The subsidiary companies also contribute to TS earnings, not just Solar:

TEK SENG HOLDINGS BERHAD

(Company No. 579572-M)


Subsidiary Companies
TEK SENG SDN BHD (42879-T)
PELANGI SEGI SDN BHD (216849-M)
DOUBLE GRADE NON-WOVEN INDUSTRIES SDN BHD (233444-T)
WANGSAGA INDUSTRIES SDN BHD (347584-P)
TS SOLARTECH SDN BHD (920573-K)

Stock

2017-02-22 19:06 | Report Abuse

Tekseng also has a contributing PVC manufacturing division, not only solar based business. It is amazing to see so many people commenting and projecting on their solar revenue but why not discuss about their PVC industry revenue in addition?

Stock

2017-02-20 11:06 | Report Abuse

Paranoid people sell, optimistic people buy. Optimism over paranoia = UP

Stock

2017-02-16 14:25 | Report Abuse

No relevance at all, it does not mention Tekseng as the supplier but more likely its other competitors. News article will have effect on DRB and Malakoff.

Stock

2017-02-16 12:05 | Report Abuse

Smart investors will obviously buy and hold; ignoring the current price fluctuations (if they have holding power) until it reaches 0.98-1.00 by these few months and then sell. Current price of 0.77/78 is too cheap and such a great buy that projected earnings will be more than 0.22 each share (0.98-0.77). Eg. 10,000 shares X 0.22 = RM2,200.

Stock

2017-02-16 11:44 | Report Abuse

If not mistaken, lowest price recently ever bought by director is 0.98, common sense tells you that the share price will be more than 0.98 anytime soon. Which director wants to lose money from their purchased shares?