Posted by Sharesa > 2016-11-03 17:09 | Report Abuse

This moron and extreme idiot wahaha is frustrated with his life as he is holding Tek Seng at a huge loss. He has been averaging down since the price drop from 1.17 till today. A brainless person and stupid investor he is.

Posted by smartInvestor1 > 2016-11-03 17:18 | Report Abuse

Stop argue. Buyer and Seller must have different opinion to make a deal.
Only market is always right. Let market decide the price direction.

Posted by IamTheBoss > 2016-11-03 17:20 | Report Abuse

Selling at high and re-buying at low is idiot? But how come average down since the day it drops sounds more stupid to me? Others are sharing facts, while 1 joker is attacking the person, but couldn't argue on facts. Funny.

Posted by wahahaha > 2016-11-03 17:20 | Report Abuse

sharesa is likened to a dog biting to a rag doll not releasing it without realizing that the rag doll is not food hahhahahahahaha. u keep nagging on me for ur losses in TS also won't help u recover ur losses. i suggest u to buy some now at 0.96 or so..maybe u stand a chance otherwise u can say goodbye to toothfairy

Posted by wahahaha > 2016-11-03 17:23 | Report Abuse

hahhahahahaa the idiot sold it out for losses at high 1.17 (maybe he bought way higher) and now consider to re-enter. when sitting on losses, one should keep that and accumulate more at lower hahhahahahahaa

Posted by Enjoyinvest > 2016-11-03 17:23 | Report Abuse

和气生财... Diff ppl diff mindset...

Posted by gusheng > 2016-11-03 17:32 | Report Abuse

KKBull r u sure result out today?

Posted by Sharesa > 2016-11-03 18:03 | Report Abuse

Idiot wahaha...i sold at 1.17. Breakeven. I have cash in hand to buy, if i choose to enter.

Unlike you, already half-dead averaging down.

Ok? If you continue to argue and put up more excuses for yourself and talk-down on others , proves that you are worst than a moron

Posted by gusheng > 2016-11-03 18:10 | Report Abuse

Time can proof who is right or wrong, no need to fight. Agree with M16, as long as within the range, just sit back and enjoy the show.

Posted by Sharesa > 2016-11-03 18:32 | Report Abuse

Gusheng, its not a fight.

It is to straighten out the facts with this moron "wahahaha."

One month ago, as there was a sudden news circulation about Tek Seng retrenchment,I called Tek Seng office Immediately to clarify with their staff whether they really had a retrenchment. The person in charge answered that , indeed a retrenchment was done due to "no new sales". And while on that day, price of Tek seng suddenly plunged from around 1.3 to 1.1 level.
So, upon hearing that news from the staff, i instantly sold all my holdings at 1.17 and then informed people here. From that day onwards, Tek Seng price has gone only South.

That is where this idiot wahaha came in and deny all and incite everybody.

Posted by Sharesa > 2016-11-03 18:35 | Report Abuse

Just think deeply, price from 1.40 , suddenly drop to 1.1 level. Means something negative was there which only insiders know except public, that is people like us.

Posted by Izam_mahathir > 2016-11-03 18:41 | Report Abuse

Kkbull are u sure result release today?

Posted by kevin008 > 2016-11-03 20:28 | Report Abuse

http://www.theedgemarkets.com/my/article/tnb-buy-solar-power-three-private-firms

good news for tekseng?

Posted by PowerKor > 2016-11-03 21:47 | Report Abuse

If these 3 projects are using panels from TekSeng - then it will be good...

Posted by dragon1 > 2016-11-03 22:17 | Report Abuse

Wahahaha should be guilty for attacking people and putting words in others mouth. I do not see anyone blaming him for profit or loss. He is making all kind of dramas and dreaming.

I have been calling for sell call from 1.30 and have been giving facts and argue with different and many promoters since the day. And today price is 0.965.

Please judge yourself and if you need time to prove. I have no comment.
You may throw in your money now and sleep for 5 years. I am sure it may come
Back if is not death. If u choose to wait for long term, a person can just buy and price and ignore losses if you can.

We interested in tekseng is about its growing potential since the sunny day.
I personally dont think much abt fundamental. If wanna fundemental should
Be other counters.

I do not think anyone is smart enough to anticipate the solar market including ts management.
They do not foresee the sudden glut too.
Or are you saying the expand the production because they foresee the solar glut?
Hope it make sense to u.

Posted by wahahaha > 2016-11-03 22:19 | Report Abuse

sharesa the loser, don't talk as if I'm using ur money to buy TS. U are unusually frustrated than ordinary ppl which shows that u are whining about ur losses which is exactly what u are currently doing. Get over it & move on, loser! hahahhahaaha

Posted by wahahaha > 2016-11-03 22:23 | Report Abuse

if u have nothing new or good to contribute here, no TS shareholders will appreciate ur whining n complaining abt ur losses everyday here. do something useful n beneficial for TS shareholders, not become a nonstop crybaby hahahhahaaha

Posted by M16s > 2016-11-03 22:29 | Report Abuse

Perhaps kkbull means result is release to the insider but not yet to public and said congra in advance first, correct me if i m wrong kkbull, lol

Posted by wahahaha > 2016-11-03 22:39 | Report Abuse

there is always such bossy SKL dude like dragon1 coming in lecturing & boasting how u telling ppl to sell and blah. Do u really think u are so-called dragon1 bro? I'm running my fund & u don't have to worry if I buy more hahahhahaaha better buy while its still cheap and before it goes up!

Posted by dragon1 > 2016-11-03 22:45 | Report Abuse

Wahahaha, you are merely attacking people and lost your gentle. Shame on you.
What have you done to the people here? Promoting buy call since 1.20
And during the downtrend.

Many of us already investing in TS during the good times.

I am not interested how u run your shitty money. U just go open market buy as much and be the major shareholder of tekseng - if u can !

Posted by dragon1 > 2016-11-03 22:47 | Report Abuse

Wahahaha is just a promoter n keep wanna protect teksenf left , right and center.
Undisputed facts.

Posted by wahahaha > 2016-11-03 22:47 | Report Abuse

no matter what happens, do ur own research & make ur own investment decisions, don't blame others. I built my positions in TS at current range and will increase my stakes if it goes 0.90 always buy at bargain and not at "market price",OK?

Posted by wahahaha > 2016-11-03 23:27 | Report Abuse

well dragon1, it seems like u not interested in TS anymore so u are so kind to care for who and what here?

Posted by M16s > 2016-11-04 00:31 | Report Abuse

https://www.thestreet.com/story/13879690/1/first-solar-fslr-stock-tumbles-on-q3-revenue-miss-outlook.html?puc=CNNMONEY&cm_ven=CNNMONEY

Posted by dragon1 > 2016-11-04 06:47 | Report Abuse

Wahahaha - i am going to buy 100 shares today n be shareholder. Does it make a person qualify to commend here?

Again, prove thag u r just a promoter with hidden agenda.

Posted by dragon1 > 2016-11-04 06:52 | Report Abuse

Wahahaha- so what r u doing here then?
Promoting people to buy so funds manager can sell and run away?

Posted by dragon1 > 2016-11-04 06:54 | Report Abuse

Dear friends, please go finance yahoo check the latest share price for first solar, canadian solar, sunpower and etc.

Posted by wahahaha > 2016-11-04 07:16 | Report Abuse

hahahahahaha u already brew up ur stink mouth overnight can't wait to release the gases? someone so early already open mouth talk rubbish. no one so actively bashing a company than this dragon1. wonder what's ur intention huh? hhahahhahahhahaa

Posted by wahahaha > 2016-11-04 07:22 | Report Abuse

sorry i don't promote, i invest in TS and will increase my stakes if it goes lower because it will do better each year. Go research and verify this in details if u can. u can check taiwan's solartech company website where they stating each month revenues and in annualized term, the revenues grow higher y-o-y. i won't named names of other companies that are doing well in solar industry too but u have to be selective in ur choice.

Posted by wahahaha > 2016-11-04 07:24 | Report Abuse

who cares whether u buy? all i care is whether i can get more at bargain price because i know each year TS's financial results will surpass the preceding year. Check carefully your self and verify it before blasting again here, ok? hahhahahhahahahahaha

Posted by dragon1 > 2016-11-04 08:54 | Report Abuse

so you may just do your buying, Why you care about me so much.
You are attacking on people, shame on you !

Posted by wahahaha > 2016-11-04 08:59 | Report Abuse

hahahhahaha u are funny. when did i attack people? which people did i attack? can u be specific even though i did not do so. what happened to u in reality? did u lose money? is that why u so frustrated and keep fighting me? hahhahahhahahaha

Posted by wahahaha > 2016-11-04 09:04 | Report Abuse

dragon1, i think u are losing ur mind because u lose a lot of ur hard-earned money. do u need help? u need theraphy so plz call befrienders at the following page:

http://www.befrienders.org.my/contact.html

at the meantime, u better don't spend so much of ur wee time in TS forum because u will get more crazy for nothing. hahhahahhahahhaha

Posted by wahahaha > 2016-11-04 09:18 | Report Abuse

FROM THE EDGE
Tek Seng says it’s still full steam ahead after layoffs

KUALA LUMPUR: When a company undertakes a retrenchment exercise, it is never good news. What more when it is coupled with an expected slowdown in the industry the company is operating in.

This is what Tek Seng Holdings Bhd is facing. It laid off 200 staff in September, right after the global solar industry was predicted to see a 10% fall in new installed capacity next year due to policy turmoil in several of the largest solar markets in the world. Orders in hand for its solar business, its star performer this year, are also set to be depleted by year end.

Its group managing director Loh Kok Beng acknowledged in a recent interview with The Edge Financial Daily that the solar cell market is already entering a softer period and that Tek Seng itself has experienced up to a 20% slowdown in sales in recent months, and many contractors are waiting for solar cell prices — which have fallen about 10% in that period — to drop further before buying.

Having said that, he shared that Tek Seng is set to close a RM40 million deal soon with clients from China and Taiwan, which explains why Tek Seng, which is in the midst of expanding its production capacity, is not slowing down.

Instead, the Penang-based polyvinyl chloride product manufacturer turned solar cell maker will continue with the addition of three more production lines to its solar cell production plant.

“We are still waiting for the relevant approvals, including securing the electricity supply from the government, for the three new production lines,” Loh said, adding the new lines are likely to commence operations next year.

Currently, Tek Seng has seven production lines with a total capacity of 490mw, or 70mw per line, running at a utilisation rate of between 60% and 70%. The three new lines will add another 210mw to its existing capacity, raising it to 700mw.

“With 10 lines in full operation, our capacity per annum will climb to 700mw or about 156 million pieces of solar cells, which will have a market value of US$234 million (RM982.8 million),” Loh said. Tek Seng’s solar cells are sold mainly to Taiwan, China and Eastern Europe.

Taiwan and China currently account for 80% of Tek Seng’s total solar cell sales.

The anticipated new contracts from Taiwan, said Loh, are driven by the announcement of new feed-in tariff (FiT) schemes for renewable energy projects by the government there for 2017. Under the scheme, solar photovoltaic projects that fulfil certain criteria will enjoy original FiT rates plus a 6% or 15% bonus.

“The contracts are likely to kick in next year to support our earnings,” Loh said.

Meanwhile, its current financial year ending Dec 31, 2016 (FY16) is set to be a record earnings year for the company, despite slowing solar cell sales.

Already, its first-half FY16 net profit of RM31.31 million has surpassed the full FY15’s earnings of RM21.27 million, thanks to contributions from its solar cell business; revenue surged 111% to RM290.81 million from RM137.83 million.

As for the recent retrenchments, Loh said those laid off were originally brought in to work on two production lines for a Taiwanese client. They were let go after being deemed unsuitable by the company. All those affected have yet to be confirmed in their positions, he added.

“But we will compensate each with a one-week salary,” he said. The total payout amounts to RM180,000, which will be covered by the Taiwanese clients. “Following this, the two production lines will be operated by about 40 Taiwanese,” he added.

On Sept 27, a news report, citing an internal memo from Tek Seng, indicated that the retrenchment was due to “redundancy of productivity”.

On the same day the news broke, UOB Kay Hian Research downgraded the stock to “sell” and trimmed its earnings forecast for Tek Seng by 13% for FY17 and 17% for FY18. It assumed an average selling price of 30 US cents to 32 US cents per watt on its solar cells from 34 US cents to 35 US cents per watt previously.

It also cut its target price on Tek Seng to RM1.05 per share from RM1.24, though its analyst Yeoh Bit Kun noted that the weak solar cell price could be partly offset by the strengthening ringgit.

Since then, Tek Seng’s shares have been pushed below RM1 apiece. From RM1.27 on Sept 26, Tek Seng’s shares plunged 20% to 97 sen on Oct 10. It settled at 99.5 sen last Friday, giving it a market value of RM344.92 million.

Posted by hunterz86 > 2016-11-04 10:21 | Report Abuse

Those US solar companies are losing market share, whereas china n taiwan are gaining…

Posted by hunterz86 > 2016-11-04 11:19 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/11/04/tnb-signs-solar-power-ppas/

Posted by hunterz86 > 2016-11-04 11:20 | Report Abuse

TNB signs solar power PPAs

PETALING JAYA: Tenaga Nasional Bhd (TNB) has signed three power purchase agreements (PPAs) with a consortium comprising three companies for the supply of 150MW of solar power.

The three companies in the consortium are ItraMAS Technology Sdn Bhd, Maltech Pro and Cam-Lite Sdn Bhd, and the solar panels would be located in three states – Jasin, Malacca; Gurun, Kedah; and Merchang, Terengganu.

The PPAs were signed between TNB and Quantum Solar Park (Melaka) Sdn Bhd, Quantum Solar Park (Kedah) Sdn Bhd and Quantum Solar Park (Terengganu) Sdn Bhd.

“Each of the companies will construct, own, operate and maintain a solar photovoltaic energy-generating facility with a capacity of 50MW alternate current,” TNB said in a filing with Bursa Malaysia.

“Each PPA, which has an expected commercial operation date of Dec 31, 2017, governs the obligations of the parties to sell and purchase the energy generated by the facility for a period of 21 years from the commercial operation date in accordance with the agreed terms and conditions,” it added.

The rates were not disclosed.

According to industry sources, the awards were done on a directly negotiated basis.

The power plants are one of the biggest in capacity awarded to the consortium to date. Previously, the biggest award for a solar power plant was in April 2014 to Edra Global Energy Bhd when it was under the control of 1Malaysia Development Bhd (1MDB). The capacity was for a 50MW solar power plant to be located in Kulim, Kedah.

1MDB’s power plant division was sold to China General Nuclear Power Corp in November last year.

A check on the Companies Commission of Malaysia showed no material public information was available for Maltech Pro.

ItraMAS Technology’s shareholders and directors are Tunku Hammam Tunku Sulong, Gan Geik Lee, Lee Choo Boo and Datuk Khairuddin Ibrahim. Thevarajoo Munusamy is another shareholder.

Cam-Lite’s shareholders, meanwhile, are Zaainoor Sulaiman and Zeliza Zainoor. Both of them, including Azizul Nizam Bidin, are also directors on Cam-Lite’s board.

To recap, the Government through the Energy, Green Technology and Water Ministry had at the beginning of the year said it would want to develop more large-scale solar power plants this year.

This award comes after a request for proposal for a 250MW power plant was issued earlier this year, and it is expected that the capacity of these plants will come on stream from 2018 onwards.

This comes after the Government said it would like to scale up electricity generation from renewable energy sources, given that the country was still far from achieving its renewable energy target.

Posted by gusheng > 2016-11-04 11:32 | Report Abuse

0.955

Posted by smartInvestor1 > 2016-11-04 12:02 | Report Abuse

queue 0.955 收票

Posted by wahahaha > 2016-11-04 13:03 | Report Abuse

dragon1 suffer losses again after sold yesterday and today. now he's gone quiet and moved on, i guess. pity this dude hahhahahahhaha

Posted by wahahaha > 2016-11-04 13:04 | Report Abuse

if u bought enough then just wait for any lower if there is possible. financial result will be out this month.

Posted by dragon1 > 2016-11-04 13:19 | Report Abuse

This is again an act of attacking people.
Who told u i suffer losses today or yesterday. Dreaming.
I have made my gain way before you exist.

Posted by dragon1 > 2016-11-04 13:20 | Report Abuse

I pity u have to keep defend this counter and keep ok defending from 1.2 to 0.955.
What i have comments months ago is proven to be correct. Undisputed facts!

Posted by wahahaha > 2016-11-04 13:35 | Report Abuse

hahahhahahaha make-up imaginary profits again? dragon1 got into sensitive & sentimental after suffering huge losses in TS. do u mind to share how much u lost? why did u sell it at huge loss anyway and keep farming any comments about u here? are those ur golden-nuggets? hahahahahahaha

Posted by dragon1 > 2016-11-04 13:51 | Report Abuse

i find it very hard to communicate with a Dog.

Posted by smartInvestor1 > 2016-11-04 14:37 | Report Abuse

狗咬狗？路过看戏～～

Posted by kelanajaya2 > 2016-11-04 14:44 | Report Abuse

TEK SENG gone case oredi.. no hope for recovery...

Posted by smartInvestor1 > 2016-11-04 14:51 | Report Abuse

安啦 买了放一年后 就会升回1.42 没有像娃哈哈这么耐心的过档啦

Posted by gusheng > 2016-11-04 15:04 | Report Abuse

waiting waiting, waiting to drop more then buy more.

Posted by wahahaha > 2016-11-04 15:57 | Report Abuse

hahhahahaha the one calling others rude is now being rude himself. finally showing the real u? u getting more frustrated. why so angry everyday? losing big time? don't worry, just sell ur TS shares and i will collect around 0.90