Posted by thetrumpetshallsound > 2016-09-27 16:38 | Report Abuse

Donald Trumps dislikes green energy and supports oil cronyism, Watch out Donald Trump's latest development



Green energy is just an expensive feel-good for tree-huggers. (Nov 2015)
We have 2 trillion barrels of oil; enough for 283 years. (Nov 2015)
Offered to oversee response to 2010 Gulf of Mexico oil spill. (Sep 2015)
Wind energy projects are industrial monstrosities. (Sep 2015)
Windmills are destroying shorelines all over the world. (Aug 2015)
Solar hasn't caught on because it has a 32-year payback. (Aug 2015)
Maybe some climate change is manmade, but not all. (Jun 2015)
Climate change is a hoax. (Jun 2015)
No Cap-and-Tax: oil is this country's lifeblood. (Dec 2011)
Jobs will slump until our lifeblood--oil--is cheap again. (Dec 2011)
Enough natural gas in Marcellus Shale for 110 year supply. (Dec 2011)
Libya: No oil, no support; no exceptions. (Dec 2011)
It's incredible how slowly we're drilling for oil. (Mar 2011)
We need nuclear energy, and we need a lot of it fast. (Mar 2011)
Oil is the lifeblood of all economies. (Apr 2010)
Green buildings take 40 years to get investment back. (Sep 2008)

Posted by greatful > 2016-09-27 16:38 | Report Abuse

did you run? if not, what are you waiting for?

Posted by fung9815 > 2016-09-27 16:39 | Report Abuse

ewawa, no worries, just wanna clarify, thx :)

Posted by ewawa > 2016-09-27 16:46 | Report Abuse

Fung, no problem...just becareful when u trading...

Posted by dragon1 > 2016-09-27 16:47 | Report Abuse

ewawa - thanks for your kind sharing, appreciated.

Posted by cresbinvest > 2016-09-27 16:49 | Report Abuse

mana erkongseng? Promote so hard, see now what happen to Tekseng? Lousy stock!

Posted by wahahaha > 2016-09-27 16:50 | Report Abuse

Sharesa, u can talk wat ever u want. No verification on ur part also. hahahaha anyway panic sellers wet their pants today but winners are those bought low and able to hold.

Posted by wahahaha > 2016-09-27 16:50 | Report Abuse

rebound play guys

Posted by cresbinvest > 2016-09-27 16:55 | Report Abuse

mana erkongseng? Promote so hard, see now what happen to Tekseng? Lousy stock!

Posted by SP0094701 > 2016-09-27 17:03 | Report Abuse

Lousy stock ..... :<<<<<<

Posted by SP0094701 > 2016-09-27 17:04 | Report Abuse

Tomorrow continues drop warrant is coming :<<<

Posted by SP0094701 > 2016-09-27 17:04 | Report Abuse

Cut loss :<<<<<<

Posted by Noni > 2016-09-27 17:07 | Report Abuse

Rebound or not, is hard to tell. Either way, is like gambling to catch a falling knife at this point. Is churn in, churn out, just don't get caught with bigger position.
If company out to clarify, just to calm the investors. Business out means out already, impact is imminent.
As for the price to pay, well....everyone has a price in mind.
Mine is lower for sure, to be safe.

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

Don't panic, very common with electronic companies, retrenchment and reemploy when orders pick up. Just check with Penang guys. If the quarter results submitted are faulty, then only the company is shaky.

Posted by Hui Xin Sim > 2016-09-27 17:15 | Report Abuse

bursa should give tekseng a UMA to answer all the question.... quite hard to get the info.... i hope mr loh can clarify the question....

Posted by moneySIFU > 2016-09-27 17:16 | Report Abuse

This is fair request, well said, Hui Xin Sim.

Posted by Hui Xin Sim > Sep 27, 2016 05:15 PM | Report Abuse
bursa should give tekseng a UMA to answer all the question.... quite hard to get the info.... i hope mr loh can clarify the question....

Posted by Woo John > 2016-09-27 17:17 | Report Abuse

With green power demands picking up worldwide, surely Tek Seng will benefit from the eventual demands from market. Lol...... no worries and next few days will prove points.

Posted by Noni > 2016-09-27 17:29 | Report Abuse

Just hope the owner will do an open session clarification for investors to make better decisions.

Posted by Hui Xin Sim > 2016-09-27 17:32 | Report Abuse

i am not a very technological stock guy... only stock i study in this segment is tekseng..... just my own understanding until now... the above mention retrenchment of the above mention production line is involve the line which is taiwan solartech and tekseng cooperate line, tekseng only earn fix rate from that line..i myself think that is solartech cutting order from TS solar so TS solar have to do some retrenchment....the line 1-4 is the basic line and earn the most... but today selling volume is really big and scare me.... i still hold some of my tekseng and hope Mr loh can really be a resposible and tell us some clue of the current business..

Posted by investor2013 > 2016-09-27 17:37 | Report Abuse

99.5

Posted by calvintaneng > 2016-09-27 17:42 | Report Abuse

Posted by Sharesa > Sep 27, 2016 02:18 PM | Report Abuse

They speak in Mandarin.

I asked them whether the retrenchment news is true, yes they said.
I asked how many staff, about 200+, they said

I asked why? They said no sales....

So i sold all

Calvin comments,

This is a wise move. Calling or paying site visits to Companies like Phil Fisher which he called SCUTTLEBUTT is the way to KNOW THE TRUTH.

Posted by moneySIFU > 2016-09-27 17:47 | Report Abuse

Thought the sales should be contracted & locked in... hmmmm.....

Posted by chl1989 > 2016-09-27 17:52 | Report Abuse

Heard that those retrenched are actually from neo solar power. neo solar power collaborating with tekseng on the production. Dont know how true it is. Haha. Damn dramatic :)

Posted by chl1989 > 2016-09-27 17:55 | Report Abuse

Expanding from 4 lines to 7 lines to 9 lines. Then suddenly retrenched 241 staff in the midst of expansion. Damn funny. Lets see how the joke unfolds :)

Posted by skyrider > 2016-09-27 18:02 | Report Abuse

Do not expect tekseng to recover from this solar problem soon.
Oversupply Will Prevent Global PV Market From Recovering in Near Future
http://pv.energytrend.com/research/Oversupply_Will_Prevent_Global_PV_Market_From_Recovering_in_Near_Future.html

Posted by newboy > 2016-09-27 18:06 | Report Abuse

http://www.nst.com.my/news/2016/09/176226/another-wave-retrenchments-hits-penang-manufacturing-sector

Posted by skyrider > 2016-09-27 18:06 | Report Abuse

"Looking ahead to 2017, the entire supply chain – from polysilicon to PV modules – will see supply exceeding demand significantly by 18~35%. In sum, EnergyTrend expects to oversupply to become quite severe."

"On the whole, the global PV market will be at a standstill in 2017 with the annual growth rate at zero for the first time on record."

Posted by imnewbie > 2016-09-27 18:11 | Report Abuse

Mr Loh Kok Beng clarification
http://www.enanyang.my/news/20160927/%E5%BE%B7%E6%88%90%E6%8E%A7%E8%82%A1%E6%89%A7%E8%A1%8C%E4%B8%BB%E5%B8%AD%E5%BC%80%E5%A3%B0br-%E8%A3%81%E5%91%98%E6%98%AF%E4%B8%BA%E4%BA%86/

Posted by nocindycat > 2016-09-27 18:22 | Report Abuse

NSP also didn't drop, market over react

TS solartech retrench because of their clients request, but with its agreement in place, they are able to get compensation, low solar panel price is seasonal la, last year this quarter also bad, causecause china ends their yearly subsidy before june and restart before end of the year

Posted by Superb99 > 2016-09-27 18:25 | Report Abuse

Drop in demand till retrenchment, seems quite severe

Posted by kevin008 > 2016-09-27 18:49 | Report Abuse

http://www.enanyang.my/news/20160927/ts-solartech%e8%a3%81%e5%91%98br-%e5%8f%97%e5%bd%b1%e5%93%8d%e5%91%98%e5%b7%a5%e6%98%af%e4%bb%96%e4%bb%ac/

Posted by kevin008 > 2016-09-27 18:51 | Report Abuse

Staff still under probation period lah.some staff performance no good ..company offer them to other production line..some chose for VSS

Posted by chl1989 > 2016-09-27 19:02 | Report Abuse

Funny panic selling :)

Posted by Ex_CFO > 2016-09-27 19:02 | Report Abuse

It's good that the company take action now. I think the market might have over reacted. The over reaction is probably cause by the company not making the annoucement first. As a CFO of listed Company for a numbers of years, I would have made an annoucement to the market first and let the market know what the impact is on the bottomline for the current financial year. I think their CFO and communication manager need to be sacked too.

Posted by chl1989 > 2016-09-27 19:02 | Report Abuse

Optimus, where are you??? Haha :)

Posted by TomyamGong > 2016-09-27 19:06 | Report Abuse

Those who shouted buy call now all gone. Meaning they ask you to buy high and they run. Guys, if you know how to read the chart, then you should be able to know big sharks are released their shares started since 4 weeks ago. But yet I still seen some funny joker chase high king like erkongseng keep asking people to buy. This is holland one way ticket, no ticket for return back unless you CUT it! Simple as that

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

I strongly believe this is not just retrenchment so easy. High sell volumes won't simply appears for just retrenchment. Today is just first day for free falls, should have more to come. I bet buy call 0.65. :)

Posted by gusheng > 2016-09-27 19:20 | Report Abuse

http://www.enanyang.my/news/20160927/%E5%BE%B7%E6%88%90%E6%8E%A7%E8%82%A1%E6%89%A7%E8%A1%8C%E4%B8%BB%E5%B8%AD%E5%BC%80%E5%A3%B0br-%E8%A3%81%E5%91%98%E6%98%AF%E4%B8%BA%E4%BA%86/

Posted by Ultramen > 2016-09-27 19:22 | Report Abuse

after 5pm baru announce, ts boss should collect alot today. jahatnya...

Posted by stncws > 2016-09-27 19:25 | Report Abuse

tmr still drop ,i believe collect around RM1!

Posted by kevin008 > 2016-09-27 19:53 | Report Abuse

Boss good in action to reduce cost for company..200 plus retrechment cost for operation staffs little bit only la..unless u think the staff salary more than 10k loh
Even RHB retrech 300 plus staffs with rm300m..the share of RHB where got panic like tekseng today.

Posted by SP0094701 > 2016-09-27 20:08 | Report Abuse

rhb how many workers ... tekseng how many

Posted by Sharesa > 2016-09-27 20:11 | Report Abuse

Posted by wahahaha > Sep 27, 2016 04:50 PM | Report Abuse

Sharesa, u can talk wat ever u want. No verification on ur part also. hahahaha anyway panic sellers wet their pants today but winners are those bought low and able to hold.

*wahaha, i have said i called TS Solartech 04-5015545 to speak to the staff in charge.
If you think this is a joke, is your loss. I wanted to make sure that i hear it from the people working in the company before i make my move.

Any shareholders here still in doubt, do call them directly. You can make a better decision this way

Posted by kevin008 > 2016-09-27 20:12 | Report Abuse

Retrechment compensation usually based on year of service ..i think the cost just leas than 1m

Posted by SP0094701 > 2016-09-27 20:15 | Report Abuse

planning to expend 4 to 6 line already train the ppl ... see sales drop ... so need to cut ppl

Posted by SP0094701 > 2016-09-27 20:15 | Report Abuse

of cause should effect revenue and profit... future no so good liao

Posted by chl1989 > 2016-09-27 20:19 | Report Abuse

Just talked to one worker who got retrenched yesterday. He said it is neo solar power. Not sure what kind of collaboration between neo solar power & ts solar. :)

Posted by Ckk2266 > 2016-09-27 21:10 | Report Abuse

erkongseng : sell already?

Posted by muscular > 2016-09-27 21:18 | Report Abuse

Optimus pun kena juga ke?! Heheheeh. Good good good

Posted by YLR33 > 2016-09-27 21:22 | Report Abuse

malaysia have advantage on the europe antidamping on china, why first solar still close some capacity in kulim,
shd take d advantage