Posted by Jonathan Keung > 2016-10-28 07:56 | Report Abuse

the least I can say. the Loh family is proactive in managing the business. the shut down of the 2 lines at thier Penang {TS} is based on what was forecast during the sales slump of solar wafer 3 months prior to the price recoveries
it's a social PR disaster with Tek seng holding price slump 30 %. TS solar is one of the subsidiaries { that contributed part of Tek Seng group consolidated profit}
coming qtr result is an affected based on what's reported. nonetheless need more details after the qtr is make known. the consolidating fact is the Loh family is mopping up the shares and warrants.
keep our finger cross something good is coming. maybe a bonus shares issued ( just a wild guess } happy Diwali

Posted by Olga > 2016-10-28 09:09 | Report Abuse

Based on Tekseng's latest Qoq, the largest 2 contributor to its revenue is PVC sheeting and Solar segments..

RM'000
PVC Sheeting Revenue 41,484 Profit before tax 8,806
Solar Revenue 100,585 Profit before tax 13,268

PVC business will not be affected.
Solar there might be a competitive pricing effect, hence a drop in pricing. What's the % of drop in price? let's say 50%? That bad?

Solar Revenue 100,585*50% = 50,292.5 Profit before tax 13,268*50% = 6634

Hence PBT = 25,779 - 6,634 = 19,145

Now looking at Qoq 2015-12-31
PBT was 16,435, profit to sharedolhers was 10,410
if PBT at 19,145, profit to shareholders should be >10,410


For FY2016: 16,232 + 15,074 + >10,410 + >10,410 = >52,126

Undiluted EPS = 4.89 + 5.36 + >4.02 + >4.02 = >18.29

This is just a rough estimation of the idea of how i would conclude the situation.

This does not include the contribution of line 4-7.