TEK SENG HOLDINGS BHD

KLSE (MYR): TEKSENG (7200)

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Last Price

0.27

Today's Change

-0.005 (1.82%)

Day's Change

0.27 - 0.27

Trading Volume

41,000


14 people like this.

12,796 comment(s). Last comment by yujue2019 2024-07-30 00:34

sell

2,456 posts

Posted by sell > 2016-09-27 10:03 | Report Abuse

Limit down coming. Run before too late.

muscular

280 posts

Posted by muscular > 2016-09-27 10:07 | Report Abuse

hahaha, many fools made huge lossess here

Limcken

46 posts

Posted by Limcken > 2016-09-27 10:08 | Report Abuse

rubbish stock

Posted by SharehlderOppression > 2016-09-27 10:08 | Report Abuse

Afraid there will be a bloodbath
If management don't issue a clarification soon

papaya

3,086 posts

Posted by papaya > 2016-09-27 10:09 | Report Abuse

very sad ....gone case...

icetwink

72 posts

Posted by icetwink > 2016-09-27 10:13 | Report Abuse

chairman Loh kok beng buy a lot of share on 30.8.16 recently just within a month, but news come out like this,so drama.

Xinquan

83 posts

Posted by Xinquan > 2016-09-27 10:16 | Report Abuse

Rule no 1: when Mohd Fahmi say buy must sell.

Xinquan

83 posts

Posted by Xinquan > 2016-09-27 10:17 | Report Abuse

Closing factory in Sep so Nov QR will reflect it.

Superb99

6,603 posts

Posted by Superb99 > 2016-09-27 10:18 | Report Abuse

ya, really unexpected, thought it is a good counter...stuck now

Posted by Mohd Fahmi Bin Jaes > 2016-09-27 10:18 |

Post removed.Why?

confuse

570 posts

Posted by confuse > 2016-09-27 10:26 | Report Abuse

Who actually use solar? Why I still use TNB at home.

i024466

137 posts

Posted by i024466 > 2016-09-27 10:28 | Report Abuse

Tek Seng Holdings (7200.KU) - Malaysia
(2nd) quarter ended Jun 30:
Figures Are In Ringgit (MYR).


2016 2015

Revenue 159,526,000 78,871,000
PreTax Profit 25,779,000 4,541,000
Net Profit 16,232,000 3,694,000
Earnings Per Share 4.89 Sen 1.50 Sen
Dividend 1.00 Sen 0.00 Sen

6 months ended Jun 30:

Revenue 290,805,000 137,828,000
PreTax Profit 52,361,000 7,261,000
Net Profit 31,306,000 5,822,000
Earnings Per Share 10.18 Sen 2.39 Sen
Dividend 1.00 Sen 1.00 Sen

Superb99

6,603 posts

Posted by Superb99 > 2016-09-27 10:29 | Report Abuse

bought some at 1.12, it seems like it is a solid support

confuse

570 posts

Posted by confuse > 2016-09-27 10:30 | Report Abuse

No people use so no demand for solar so must close down factory?

Superb99

6,603 posts

Posted by Superb99 > 2016-09-27 10:32 | Report Abuse

buying volume is overtaking selling volume, catch a price swing before too late

Superb99

6,603 posts

Posted by Superb99 > 2016-09-27 10:35 | Report Abuse

the director bought so much previously, u really think he is damn stupid

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-09-27 10:36 | Report Abuse

The way i run this morning ...faster than Usain Bolt ..... never to look back ... Bought @ 1.17 ... escaped with kacang putih profit

confuse

570 posts

Posted by confuse > 2016-09-27 10:36 | Report Abuse

QR is outdated. Perhaps factory like Seagate, Western Digital close down so no need solar? At home demand perhaps more stable as people don't move house like close factory.

confuse

570 posts

Posted by confuse > 2016-09-27 10:40 | Report Abuse

Close down factory=no income. How can maintain profit?

wahahaha

445 posts

Posted by wahahaha > 2016-09-27 10:41 | Report Abuse

hahahaha TS using more automation lah so retrench some workers is saving more money. Selldown is overacted, bargain buy! u so scared why bother be here? sell loh. I queue buy

dragon1

102 posts

Posted by dragon1 > 2016-09-27 10:41 | Report Abuse

I believe some good heart people have advise Selling Call as the solar business including his partner is not doing well. However, some people keep on hard selling to persuade, lure retailers to buy with the dream on expansion and whatever Paris agreement. Now they have manage to load their shares to you.

We shall not looking at chairman buy back. They can just sell from undisclosed left hand to right hand. easy as 123.

skyrider

486 posts

Posted by skyrider > 2016-09-27 10:41 | Report Abuse

Already inform earlier that tekseng is postponing expansion. why wait till now to run ?
--------------------------------------------------------------------------------------------------------------
Posted by skyrider > Sep 1, 2016 02:49 PM | Report Abuse X

據了解,昇陽科原本規劃下半年要擴增馬來西亞合資廠產能,新增200MW,使得當地產能達500MW,但眼見市況反轉,計畫趕不上變化,所以該公司已經決定暫緩擴充大馬的生產線。
It is understood that Solartech originally planned to expand the Malaysia joint venture's plant capacity in the second half of the year, to increase 200MW, so that local production can reach 500MW, but seeing market conditions reverse, plans can't keep up with changes , so the company has decided to postpone the expansion of production lines in Malaysia .
http://udn.com/news/story/7251/1913485

dragon1

102 posts

Posted by dragon1 > 2016-09-27 10:42 | Report Abuse

wahahaha - Automation ? hahahaha. Please dont continue to tell lie.

wahahaha

445 posts

Posted by wahahaha > 2016-09-27 10:46 | Report Abuse

talk3 talk4 for wat? hahhaha sell yours loh. why bother be here? kekeke i make money already and making second round. Sell loh....

wahahaha

445 posts

Posted by wahahaha > 2016-09-27 10:48 | Report Abuse

these pipu so pandai talk3talk4. why complaint so much? sell urs loh and let other smart ones make money! kekekeke

muscular

280 posts

Posted by muscular > 2016-09-27 10:55 | Report Abuse

hahaha, bodoh betul... bila lose money, maki maki... up from 50sen to rm1.30 mau kejar lagi.. skrg da kalah duit, maki maki... pui pui pui

dragon1

102 posts

Posted by dragon1 > 2016-09-27 10:57 | Report Abuse

I have already sell mine at the peak time. there are many people like you asking people to buy buy buy and with good intention?

The share price might rebound back ,but it is up the person judgement call.

Same thing, you are also talk3 talk4. Automation ? Robotic? hahaha

Posted by Mark Goh > 2016-09-27 11:04 | Report Abuse

Additional Listing Announcement
27 Sep 2016, 09:16
Additional Listing Announcement
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Exercise of Warrants
Details of corporate proposal : Conversion of Warrants
No. of shares issued under this corporate proposal : 3,483,300
Issue price per share ($$) : 0.2500
Par Value ($$) : 0.25
Latest issued and paid up share capital after the above corporate proposal
In the following
Units : 346,567,162
Currency : Malaysian Ringgit (MYR) 86,641,790.500
Listing Date : 28/09/2016
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

cmLai

503 posts

Posted by cmLai > 2016-09-27 11:08 | Report Abuse

engchun p/s give some comment.

chl1989

2,552 posts

Posted by chl1989 > 2016-09-27 11:11 | Report Abuse

Where is optimus?? :)

beso

2,137 posts

Posted by beso > 2016-09-27 11:11 | Report Abuse

stock market nom is to pump every damn good news then goreng up few hundred % so makers can easily distribute their shares to those who believe company is doing very well but actually not

wahahaha

445 posts

Posted by wahahaha > 2016-09-27 11:12 | Report Abuse

hahahaha pls sell all. no need buy. only me buy ok

dragon1

102 posts

Posted by dragon1 > 2016-09-27 11:14 | Report Abuse

wahahaha, there are enough shares in the market for you to buy. Just worried you dont have enough money.

wahahaha

445 posts

Posted by wahahaha > 2016-09-27 11:19 | Report Abuse

kekekeke why so worry abt me? i still hav many to buy. what u want being here if u not interested?

traderman

7,854 posts

Posted by traderman > 2016-09-27 11:23 | Report Abuse

rubbish lar, the sell volume out there has more then the money you have.

wahahaha

445 posts

Posted by wahahaha > 2016-09-27 11:24 | Report Abuse

pls show TS shareholders if demand for company's products decrease or weak demand. If u cannot show then i just keep buying. How much is the exchange rate of ringgit to other currencies now? Hav u not check kah? Instant cost reduce at least Rm300k/mth by laying off 180 factory workers also not good? use more automation no good? then manual then good? u funny lah

wahahaha

445 posts

Posted by wahahaha > 2016-09-27 11:31 | Report Abuse

i knw u quietly buying and hope to get cheap too hahhahaha

dragon1

102 posts

Posted by dragon1 > 2016-09-27 11:36 | Report Abuse

All these tell demand is weak, nothing to argue at all.

1. The layoff official letter has indicated weak demand.

2. Taiwan Solartech sales figure: http://tc.solartech-energy.com/invest/report-mon.aspx (Please do not say this is taiwan sales, nothing to do with TS Solartech, if you ask means you know nothing)

3. http://udn.com/news/story/7251/1913485 - 據了解,昇陽科原本規劃下半年要擴增馬來西亞合資廠產能,新增200MW,使得當地產能達500MW,但眼見市況反轉,計畫趕不上變化,所以該公司已經決定暫緩擴充大馬的生產線

What we hear earlier is the expansion plant by the management. But the share price just surge for 1 hour after the last quarter announcement, something is already fishy at that time if you can re-call back.


The management told us new/expansion of production line but today they lay off. Layoff to use Robotic? Please don't joke.

additional news:
http://tc.solartech-energy.com/News/News.aspx?Id=121

I am just telling facts here,nothing much. Hope other retailers appreciate, but not you, wahahaha.
wahahaha, you can go hike up the price now and you may collect a big good volume. go ahead...

skyrider

486 posts

Posted by skyrider > 2016-09-27 11:38 | Report Abuse

Demand is not the problem, the problem is the supply glut which is bring down pv price and margin and also cause factory to cut production / postpone expansion.
"PV cells have negative gross margin, among the sectors with the deepest price drop"
http://pv.energytrend.com/price/Price_Drop_of_PV_Modules_Spreads_to_Mid_and_Upstream_Sectors.html

Squirtle

804 posts

Posted by Squirtle > 2016-09-27 11:51 | Report Abuse

All fund manager in Tek Seng ham kah liao
Loh family cheat kao them!
Muahahaha

Patrick13

1,971 posts

Posted by Patrick13 > 2016-09-27 11:57 | Report Abuse

Skyrider sifu, missed out the news you posted on 1.9.16 ==""

wahahaha

445 posts

Posted by wahahaha > 2016-09-27 12:14 | Report Abuse

up to u whether to invest in this. if not then just sell and forget it. debate kaokao for wat? u already stated ur stance. staying here u not interested kah? hahaha funny

sasword

1,169 posts

Posted by sasword > 2016-09-27 12:16 | Report Abuse

Some months ago hevea strike, now shift to TS liao...small share holders can only rugi rugi sell and never touch these kind of manipulated counters...

Icon8

737 posts

Posted by Icon8 > 2016-09-27 12:16 | Report Abuse

Stubborn people hang on to losing stock. Those smart already run.

Sun Sunny

320 posts

Posted by Sun Sunny > 2016-09-27 12:17 | Report Abuse

Factory closing down soon? Run run run...

Icon8

737 posts

Posted by Icon8 > 2016-09-27 12:17 | Report Abuse

Stocks don't go up forever without people taking profit. How about those bought around 50 sen will they still keep.

Icon8

737 posts

Posted by Icon8 > 2016-09-27 12:20 | Report Abuse

Agree many companies has joined solar bandwagon so margin will be affected. due to competition.

kpfam

37 posts

Posted by kpfam > 2016-09-27 12:23 | Report Abuse

Solar prices have dived.
It now costs less per kwh to produce than what TNB is getting paid to run Jimmah (RM0.0267/kwh). Latest proposal is for USD 3cents or RM0.012/kwh for solar in Dubai. This is due to glut from China.
http://www.thenational.ae/business/energy/record-low-bids-submitted-for-abu-dhabis-350mw-solar-plant-in-sweihan

kpfam

37 posts

Posted by kpfam > 2016-09-27 12:25 | Report Abuse

Sorry.. the prices should be RM0.2667/kwh for Jimmah. RM0.12 for solar in Dubai.
One decimal place error.

Posted by SharehlderOppression > 2016-09-27 12:27 | Report Abuse

Just wondering what a fund manager would do in this scenario?
Cut or buy more to average down?
Unlikely they can find a buyer who would pay a premium than what the market is currently offering.

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