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
QR is outdated.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.
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
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.
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
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
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
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
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.
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...
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
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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sell
2,456 posts
Posted by sell > 2016-09-27 10:03 | Report Abuse
Limit down coming. Run before too late.