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

Posted by Lukesharewalker > 2016-09-27 15:03 | Report Abuse

Buy rate still 46%. Deliberately push down wards. Watch it jump up

Posted by MonkeyBusiness > 2016-09-27 15:03 | Report Abuse

If chart can't be trusted, so what is the difference between TA & Fortune Teller?

stncws

10,710 posts

Posted by stncws > 2016-09-27 15:04 | Report Abuse

is not 2000 worker, is 200 casual worker!!

no need panic.. 1.10 eaten!

Posted by MonkeyBusiness > 2016-09-27 15:06 | Report Abuse

Knife is falling but trying to catch, please refer to chart explanation from newbie.

Just to remind, definition of newbie = new bird in stock market

My nickname, monkeybusiness = I will be at where the monkey business is.

michaelwong

3,072 posts

Posted by michaelwong > 2016-09-27 15:07 | Report Abuse

Lau sai liao . .......habis wayang . .......mampus !

Posted by MonkeyBusiness > 2016-09-27 15:08 | Report Abuse

yes, stncws, 1.10 no more, now 1.09 turn

Posted by stncws > Sep 27, 2016 02:58 PM | Report Abuse
big buyer return!! 1.10 eaten

Posted by Lukesharewalker > 2016-09-27 15:08 | Report Abuse

Obviously if can retrench within 1 day, it's not highly skilled or paid workers...over reaction

dragon1

102 posts

Posted by dragon1 > 2016-09-27 15:08 | Report Abuse

The 200 workers is referring to Line 4-6.

Posted by MonkeyBusiness > 2016-09-27 15:09 | Report Abuse

If the factory has 500 workers, what is the percentage of retrenched workers?

hornbill

822 posts

Posted by hornbill > 2016-09-27 15:10 | Report Abuse

wait see tomorrow.

Isaac320

139 posts

Posted by Isaac320 > 2016-09-27 15:12 | Report Abuse

wow... thunder strike!!!

Posted by MonkeyBusiness > 2016-09-27 15:13 | Report Abuse

The problem is, no one know exactly what is happening.

Sharesa

44 posts

Posted by Sharesa > 2016-09-27 15:14 | Report Abuse

Why big boss stay quiet ?

dragon1

102 posts

Posted by dragon1 > 2016-09-27 15:15 | Report Abuse

Many MNC retrenched VP, Senior Managers and not to mention labor workers over the night. So Obviously these are OVER SKILL ?

confuse

570 posts

Posted by confuse > 2016-09-27 15:16 | Report Abuse

DPS 2.17 sen not worth RM 1.1. 70 sen more suitable.
http://klse.i3investor.com/servlets/stk/fin/7200.jsp

bjgdila123

3,470 posts

Posted by bjgdila123 > 2016-09-27 15:18 | Report Abuse

0.70 i buy

ruffer

160 posts

Posted by ruffer > 2016-09-27 15:19 | Report Abuse

Over reaction and panic selling. Solar biz is one of the biz not the only.

Superb99

6,603 posts

Posted by Superb99 > 2016-09-27 15:21 | Report Abuse

broke support at 1.12, I ran first, shifted to Bornoil

GZulu

9 posts

Posted by GZulu > 2016-09-27 15:23 | Report Abuse

I called TS and spoken to one of the management staff to clarify. Those "retrenched" staff are under probation. Hence 24 hours notice was served. Solar order book is intact.
Dropped a hint that Q3 results look good.

Posted by Billygunman > 2016-09-27 15:26 | Report Abuse

I bought 1.10

newbie

65 posts

Posted by newbie > 2016-09-27 15:29 | Report Abuse

Monkey, I am sorry to say that I can't talk in monkey language to make a stubborn monkey like u understand, and i dont think you need to since you handle monkey business and have such a narrow mind to accept different ways of looking things. some more good in distorting other sharing to make yourself as a monkey king here.

GZulu

9 posts

Posted by GZulu > 2016-09-27 15:30 | Report Abuse

TS is oversold.
Think about it rationally, the memo is meant for internal circulation. Whoever posted it in the web has breached confidentiality code. What is his/her intention for doing so?

Posted by Lukesharewalker > 2016-09-27 15:33 | Report Abuse

How old is that production line anyway? Maybe they anticipated wrongly and shut off.....

dragon1

102 posts

Posted by dragon1 > 2016-09-27 15:33 | Report Abuse

The news is on newspaper and so what is the confidentiality we need here?
Company should not disclosure financial figure to public before announcement. Why broker/ funds house always know in advance before public? does it consider insider trading?

ewawa

184 posts

Posted by ewawa > 2016-09-27 15:35 | Report Abuse

Everyone here...pls becareful, my cousin working in this company...n he get the sotong letter also...he said solar panel demand highly decreased due to competitor from china...so the company forced to off the production line...so everyone just becareful when trading...good luck...

TomyamGong

4,156 posts

Posted by TomyamGong > 2016-09-27 15:36 | Report Abuse

没有最低,只有更低

dragon1

102 posts

Posted by dragon1 > 2016-09-27 15:36 | Report Abuse

ewawa - is your cousin under probation?

2016v

310 posts

Posted by 2016v > 2016-09-27 15:38 | Report Abuse

haha
fried sotong or stewed mushrooms
both delicious

TomyamGong

4,156 posts

Posted by TomyamGong > 2016-09-27 15:46 | Report Abuse

Normally based on logically experience, open with limit down 5% and above must be a very bad news from company. Insider and director escaped first. Down 14% in a day just a started. More to come. Those who got trapped God bless you. Those who haven't buy, think it yourself. :)

ewawa

184 posts

Posted by ewawa > 2016-09-27 15:47 | Report Abuse

Dragon 1, no...he worked there 6 years dy...Sunday he went to my another cousin wedding dinner...he told me he might get set by company...n this morning, he get the letter to work until end of oct

ewawa

184 posts

Posted by ewawa > 2016-09-27 15:51 | Report Abuse

He said they provided good quality of solar panel, n the solar panel can produced more Walt compare to others brand, but the price of panel is expensive, the price to get the panel here can get 3 from china..

Patrick13

1,971 posts

Posted by Patrick13 > 2016-09-27 15:53 | Report Abuse

Since like today will close at either 1.09 or 1.10

ewawa

184 posts

Posted by ewawa > 2016-09-27 15:53 | Report Abuse

I'm not asking Everyone here to sell or buy the share...I just wanna share something I knw to u all...hope u all can make the best decision...good luck, n god bless

mamatede

3,950 posts

Posted by mamatede > 2016-09-27 15:54 | Report Abuse

Tho retrenchment is bad for worker, but is kind of positive for the counter itself. As it lead to improve in earnings and etc.

GZulu

9 posts

Posted by GZulu > 2016-09-27 15:54 | Report Abuse

TS will be releasing a press release soon to clarify.
5 lines on solar panels active close to full capacity.
No reduction in order book.

Their HQ number 04-5075806
They speak mandarin.

TomyamGong

4,156 posts

Posted by TomyamGong > 2016-09-27 16:01 | Report Abuse

Today close 1.06, tomorrow will rebound a bit in the morning for about 15minutes, thereafter will continue down.

Sharesa

44 posts

Posted by Sharesa > 2016-09-27 16:02 | Report Abuse

The woman told me no sales so could mean, for the next quarters' production is off

Tai KT

1,419 posts

Posted by Tai KT > 2016-09-27 16:11 | Report Abuse

this is falling knife or falling durian, beware.

ahjib88

123 posts

Posted by ahjib88 > 2016-09-27 16:11 | Report Abuse

Wait RM0.8 to buy.

MuttonCurry

1,192 posts

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

Tomolo how ... penny stok ?

bjgdila123

3,470 posts

Posted by bjgdila123 > 2016-09-27 16:12 | Report Abuse

free fall bravo

HCHEN

575 posts

Posted by HCHEN > 2016-09-27 16:15 | Report Abuse

total lines =9 closed 3 lines ( drop in revenue of 3/9=33%)
Price should drop 33% ?

optimus9199

2,794 posts

Posted by optimus9199 > 2016-09-27 16:22 | Report Abuse

good good

Posted by Izam_mahathir > 2016-09-27 16:23 | Report Abuse

Wait for rebound

hissyu2

868 posts

Posted by hissyu2 > 2016-09-27 16:23 | Report Abuse

ewawa He said they provided good quality of solar panel, n the solar panel can produced more Walt compare to others brand, but the price of panel is expensive, the price to get the panel here can get 3 from china..

ewawa, if TS supplied to USA then no issue. they got anti-dumping policy, so low price from china got minimal effect...

fung9815

41 posts

Posted by fung9815 > 2016-09-27 16:26 | Report Abuse

ewawa, I don't mean to nitpick your sharing, but I just want to clarify -- your cousin worked at TS for 6 years, but TS only started its solar venture since 2014. I presume your cousin is not a solar guy for TS, quite weird to get retrenched now if solar is really doing badly.

Posted by Zamry Yahaya > 2016-09-27 16:28 | Report Abuse

1st solar kulim.. Also 2 plant close.. Buy below 0,8cent.

ewawa

184 posts

Posted by ewawa > 2016-09-27 16:36 | Report Abuse

Fung, my cousin is forklift operator and supervisor in the company...he have to move everything from place to place...anyways I don knw wat he move before, but now I can confirmed he is under solar panel site...I can sweared to god I no lie to u all, I just wanna share the information I knw to u all..anyways, I don knw wat he said is truth anot, but the fact is he really get fired in this morning...

sharktank

805 posts

Posted by sharktank > 2016-09-27 16:36 | Report Abuse

Don't worry, you can recover your losses by switching to MBSB at 0.915, and you can use the extra money left to go pub and drink kau kau..mua hahaha...by end of the year you already got back 1.36. dt thank me, thank chua ma yu. mua hahahha

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