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

wahahaha

445 posts

Posted by wahahaha > 2016-09-28 16:47 | Report Abuse

venfx, exactly that

sharktank

805 posts

Posted by sharktank > 2016-09-28 16:55 | Report Abuse

follow big sharks, all sharks already cabut u wait for what? wait for miracles?

Posted by smartInvestor1 > 2016-09-28 16:55 | Report Abuse

of cos i m interested with when price go down 0.90 and then i will queue 0.85

Posted by smartInvestor1 > 2016-09-28 16:57 | Report Abuse

I m sure big loser wahaha will buy more at 0.90. and I will support it at 0.85.

wahahaha

445 posts

Posted by wahahaha > 2016-09-28 16:58 | Report Abuse

if u wan to get so low price then i wish u good luck! i grabbed first.

dragon1

102 posts

Posted by dragon1 > 2016-09-28 17:03 | Report Abuse

wahahaha, anyone can give their sincere view here.

why you keep asking others - what is your intention and what are you doing here?

In fact, you should ask yourself, what are you doing here?
Are you trying to ask people to buy Tekseng and support the share price? how about others lost money buying at this price.

There were 2 guys keep asking people to buy when price is range from between 1.20-1.40 and where are they now?

winPLUSwin

418 posts

Posted by winPLUSwin > 2016-09-28 17:03 | Report Abuse

yes... shark run d...

wahahaha

445 posts

Posted by wahahaha > 2016-09-28 17:04 | Report Abuse

hahahahaha i made money still can be called by u as loser? did u make money from this TS price movement?

dragon1

102 posts

Posted by dragon1 > 2016-09-28 17:05 | Report Abuse

wahahaha, you make money, means you are selling your shares, right?
so now you tell the truth.

gusheng

624 posts

Posted by gusheng > 2016-09-28 17:07 | Report Abuse

aiya...wahahaha, if u ada really confidence, no need waste your time to debate with others la...wat for...better debate when u make big gain...then all of those will diam diam

papaya

3,086 posts

Posted by papaya > 2016-09-28 17:07 | Report Abuse

where're mr erkongseng and british empire?....

cytew

1,610 posts

Posted by cytew > 2016-09-28 17:08 | Report Abuse

Falling knife will become falling pizza at Time-space support at 1.01/1.02 (support 1 ) and 94.5/95 (support 2 ) respectively....grasp it ...!
28/09/2016 13:21

Anson1314

497 posts

Posted by Anson1314 > 2016-09-28 17:09 | Report Abuse

tekseng no yet bottom..below 1 can consider.

dragon1

102 posts

Posted by dragon1 > 2016-09-28 17:10 | Report Abuse

british empire is busy finding his contact. He said before, he has many contacts/customers that interested to buy solar panels and he would like to introduce to TekSeng.

dragon1

102 posts

Posted by dragon1 > 2016-09-28 17:16 | Report Abuse

erkongseng has change the product. He is now the Masteel promoter.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-09-28 17:47 | Report Abuse

luckily sold all.....

Posted by cresbinvest > 2016-09-28 17:55 | Report Abuse

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

chl1989

2,552 posts

Posted by chl1989 > 2016-09-28 18:08 | Report Abuse

Optimus also run away. HAHA :)

calvintaneng

56,561 posts

Posted by calvintaneng > 2016-09-28 18:12 | Report Abuse

Posted by chl1989 > Sep 28, 2016 06:08 PM | Report Abuse

Optimus also run away. HAHA :)

Calvin says this is the only correct thing to do,

Remember these words,

"HE WHO FIGHTS AND RUN AWAY WILL LIVE TO FIGHT ANOTHER DAY!"

wahahaha

445 posts

Posted by wahahaha > 2016-09-28 18:36 | Report Abuse

dragon1, i sold before it fall just days ago. I bought since yesterday and today collecting more!

wahahaha

445 posts

Posted by wahahaha > 2016-09-28 18:37 | Report Abuse

everyday is another day....u must know how to fight and it does not matter when but how to do it is the key!

wahahaha

445 posts

Posted by wahahaha > 2016-09-28 18:39 | Report Abuse

the presence of fear is the best timed opportunity to make money. just like the old saying, be fearful when others are greedy and be greedy when others are fearful! hahahhahaha

Posted by smartInvestor1 > 2016-09-28 20:10 | Report Abuse

seriously loser wahaha must have bought a lot of 1unit stock. First he suffer loss from 1.29 gap down to 1.09 (-15.5%) Then he thought it is cheap enough to average down at 1.10 and today and further loss (-19%). We will expect he buy more 1 unit stock day after day because he got lot of bullets. Now we finally got the wahaha indicator on this counter.

SP0094701

654 posts

Posted by SP0094701 > 2016-09-28 20:17 | Report Abuse

Is not the bottom yet ...

Sharesa

44 posts

Posted by Sharesa > 2016-09-28 20:34 | Report Abuse

Posted by smartInvestor1 > Sep 28, 2016 08:10 PM | Report Abuse

seriously loser wahaha must have bought a lot of 1unit stock. First he suffer loss from 1.29 gap down to 1.09 (-15.5%) Then he thought it is cheap enough to average down at 1.10 and today and further loss (-19%). We will expect he buy more 1 unit stock day after day because he got lot of bullets. Now we finally got the wahaha indicator on this counter.


Well said. I totally agree with u.

wahahaha is an empty barrel but makes the most noise

Posted by MonkeyBusiness > 2016-09-28 21:18 | Report Abuse

Calvin, look here, you are kind of contradict to your own self:

1. Whole world in recessionary trend. So sales will contract. The world steel industry is over capacity.
2. Megasteel shows market is very tough.
3. Masteel was pumped up due to steel hype. Now in sky high price already
4. So how can such lofty prices be sustained?
It was Pumped up like flying balloon. Fly up the sky today. So it must descend again.
Do You GET it?

--------------------------------------------------------------------------------------
calvintaneng wahaha,
1. Whole world in recessionary trend. So sales will contract. Tekseng already retrenching staff.
2. Hanjing shipping collapse shows less shipping demand for goods.
3. Tekseng was pumped up due to solar hype. Now in overproduction everywhere.
4. So how can such lofty prices be sustained?
It was Pumped up like flying balloon. Fly up the sky today. So it must descend again.
Do You GET it?
28/09/2016 16:24

Posted by MonkeyBusiness > 2016-09-28 21:18 | Report Abuse

Calvin, same goes to your masteel

calvintaneng market decides?
too late when truth is finally out if you don't act first.
The folly of not knowing what you buy!
28/09/2016 16:27

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-09-28 21:20 | Report Abuse

news keeps getting better and better ..hhehehehehe

Woo John

552 posts

Posted by Woo John > 2016-09-28 22:26 | Report Abuse

Can't understand guys here in forum repeating again and again TS not worthy to invest. It's sound management to cut cost and maintain company viability operation. And to pick up when business orders resume. I'm sure TS will be well compensated when contact is cancel or postpone. Guys your intention to press share price is done now time to let market decide thereafter. Dun tell us you guys so generous about workers welfare.....

M16s

296 posts

Posted by M16s > 2016-09-28 22:42 | Report Abuse

Some ppl is like tat, they will feel happy when ppl lose money...lol

Posted by Wing Destiny > 2016-09-28 23:11 | Report Abuse

Dont set the failing Knife!! Dangerous xD

goldenluck16

1,956 posts

Posted by goldenluck16 > 2016-09-28 23:11 | Report Abuse

TS....sell sell sell

Posted by smartInvestor1 > 2016-09-28 23:12 | Report Abuse

管理层要裁员减费用处理不当 竟然会闹到这样难看。 除了为公司赚钱 也应该顾及低薪员工的权利和处境吧?

calvintaneng

56,561 posts

Posted by calvintaneng > 2016-09-28 23:17 | Report Abuse

Posted by calvintaneng > Sep 28, 2016 10:53 PM | Report Abuse X

Posted by MonkeyBusiness > Sep 28, 2016 09:47 PM | Report Abuse

I didn't buy any steel stocks


Calvin replies,

Hello everybody!

Monkey has confessed that he didn't buy any steel stock so he has totally missed the current Steel Bull Run.

This is a really puzzled monkey scratching hid head in disbelief!

Well, I have already stated that the world is in the grip of recessionary downturn. As such export consumer discretionary stock like TekSeng will be impact. Consumer exports like food will still bein demand, however.

As for Masteel the demand is not from consumer alone. It is due to heavy Govt Infrar projects. During the 1930s Great Depression while all other stocks crashed due to total aggregate fall in demand, ONLY GOVT INFRAR RELATED WORKS DID WELL.

That is the REASON WHY MASTEEL WILL BE RESILIENT DUE TO GOVT PUMP PRIMING

Woo John

552 posts

Posted by Woo John > 2016-09-28 23:22 | Report Abuse

Shouting 2 days for sell sell sell.... not tire? Most ridiculous some guys here shouting sell then reaffirmed dun mind buying back at say below 90cts. For me I dun even go back to shit if I dislike the counter. Enough la.... small timer will lose to those big players which can push share price up or down.

VenFx

14,784 posts

Posted by VenFx > 2016-09-28 23:24 | Report Abuse

Mind you, Mr. Saliva (Calvin ) ,
without KuB ; Masteel going back to square .
I usually will run away from political linked counter especially those close to Umno .

kyosan

786 posts

Posted by kyosan > 2016-09-28 23:31 | Report Abuse

Run first...then wait what the real matter...miss the bus from early stage will shout like that...cannot accept one...theres ton of other stock...screen wisely...now TS trend down looking on bad news... Jaya tiasa performance should hint u guy what nxt to boom...look for smaller cap stk other than jtiasa

TomyamGong

4,156 posts

Posted by TomyamGong > 2016-09-29 02:10 | Report Abuse

I wonder where is erkongseng now? He was promoted damn hard few weeks ago when the sign of downtrend already shown. He ask people to buy and he run?

Posted by BRITISHEMPIRE > 2016-09-29 02:16 | Report Abuse

s
Posted by Woo John > Sep 28, 2016 10:26 PM | Report Abuse

Can't understand guys here in forum repeating again and again TS not worthy to invest. It's sound management to cut cost and maintain company viability operation. And to pick up when business orders resume. I'm sure TS will be well compensated when contact is cancel or postpone. Guys your intention to press share price is done now time to let market decide thereafter. Dun tell us you guys so generous about workers welfare

Posted by BRITISHEMPIRE > 2016-09-29 02:18 | Report Abuse

EXACTLY

Good management to reduce overheads by cutting back people which is what all companies and govenments should do but do not.

kevin008

1,360 posts

Posted by kevin008 > 2016-09-29 07:46 | Report Abuse

Let assume monthly salary per staff ard rm2000..some maybe rm3000
240 x 2000 = save 480k per mth
Plus staff welfare epf socso..save rm600k per mth 1qtr 1.8m leh
Still wan to blame management?

kevin008

1,360 posts

Posted by kevin008 > 2016-09-29 08:11 | Report Abuse

30/6 solar segment profit 6.7m and other segment 9.5m
If production reduce 50%(which i think not possible).. tekseng still can manage 12.85m(3.35 + 9.5)
EPS a year 0.15...pe 10 rm1.50...dividend policy 30% 4.5 sen dividend yield base on proce now 4.33%
Simply say sell?

Posted by spaghetti932 > 2016-09-29 08:43 | Report Abuse

i think Tek Seng owe the shareholder an explanation why suddenly got retrenchment ... somemore those people need to leave within 24 hours. What is in behind ...

wahahaha

445 posts

Posted by wahahaha > 2016-09-29 08:59 | Report Abuse

as stated in the memo, the retrenchment programme is for "surplus workers". Why u so freak out? just chill. i believe the management is taking correct steps and strategies to readjust the company's expenses and costings to mitigate any risks of slowdown in sales. Just remember that by laying off these 200+ workers, TS company can save in between Rm300,000-400,000/month continuously so that's about RM3,600,000-4,800,000 annual savings. Don't see the bigger picture?

TS shareholders should be worried if the management is not cutting back some expenses. Think like a business owner lah aiyo u all hahhahahhaha

wahahaha

445 posts

Posted by wahahaha > 2016-09-29 09:06 | Report Abuse

anyone wanna sell better be quick

wahahaha

445 posts

Posted by wahahaha > 2016-09-29 09:14 | Report Abuse

spaghetti, TS doesn't need to explain. it's just a retrenchment programme for 200+ "surplus workers" only. That instantly translate into approximately between RM3.6-4.8m savings annually! TS could have churned out more excess products in quantities before firing these workers. Think like a cunning business owner and u will understand the reasoning behind these.

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-09-29 09:21 | Report Abuse

wahahaha become kakakaka ......

Sun Sunny

320 posts

Posted by Sun Sunny > 2016-09-29 09:21 | Report Abuse

wowo. 90cent coming.

Sun Sunny

320 posts

Posted by Sun Sunny > 2016-09-29 09:21 | Report Abuse

will q at RM0.90.

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