Now the two big countries have commited the sales of Solar products will have a HUGE market where it is the law to have to buy renewable energy producta and no longer a choice !
dear hippo.... i wish i could find the answer for the expansion plan too...but correct translation for the article mean postponed temporarily in mandarin i think...i try to glace through TS solar, tekseng even Solartech but cant find any reliable info or source.... if someone have info pls share to us.... but in my own opinion.... delaying for expansion to later quarter maybe a wise change of management, as the price is low now( everybody think the price will recover but how much nobody can tell ) most ppl believe price recovery may happen around early to mid Q4.... so better expand at a better timing... as the solar panel price is really challenging now....
thanks erkongseng good article....6 years can earn back your money..... i remember it was like 15 years to earn back the cost in the past....good ROE and P/E better than buy stock.....
yeah bro yi chuan, i think that might be the possible explaination... but suddenly wear off in a day, a bit weird... and i think http://www.bbc.com/news/world-asia-china-37265541 global change of policy play a major role....
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Tek Seng Holdings (7200) (RM1.28): Buy Target: RM1.68 Cut loss: 1.20
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BRITISHEMPIRE
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Posted by BRITISHEMPIRE > 2016-09-04 12:50 | Report Abuse
http://www.bbc.com/news/world-asia-china-37265541
Now the two big countries have commited the sales of Solar products will have a HUGE market where it is the law to have to buy renewable energy producta and no longer a choice !