I was looking for bargain today and spotted TekSeng. pretty fair valuation. however, Wahahaha comments bothers me.
I have reason to believe Wahahaha is hired as promoter to unload Tek Seng share. his beginning post was dated since 27th september, just days before the tekseng retrenchment. somehow very fishy.
Congratulations wahahaha!!! At the moment your Tekseng (TS) seems to be, to borrow the words of Ayam Tua and his minions, PASTI ... TUJU ...LANGIT!!!
Like some of our friends, I also have the feeling that you are an insider of TS - see remark on factory security and other informative hints. But I'm not saying you are THE promoter or syndicate-linked for TS. Well as long as we huat together kuat-kuat for our common good and financial gain then why complain? I thank you for the argument and information given enabling me to decide to enter this counter at the right time and of my own accord.
I've entered TS today (15 Nov) at RM 0.895 after the stock price rebound and do expect a decent return soon - including dividend if I can afford to wait before it recedes. This counter is one of the falling knives that I previously caught hoping them to rebound like boomerangs. Entered at 1.02 but exited shortly at 0.97 with manageable loss of 5%. A few other counters were not that fortunate for me - substantial losses including the steel-themed falling knives. But that was the time you were arguing with many others including Calvin Tan - BritishEmpire was one of the very few on your side. And to be on the safe side I also bought Calvin's BPuri and sold when it appreciated 13% at 0.485 sen. Thanks Calvin for that but sorry I can't follow it to the sky...
And oh, I could have used the profit from BPuri to have a nice muttoncurry buffet but then no time, I have other falling knives to catch. Luckily I also entered Ekovest but just divested with a decent return as BPuri. My muttoncurry treat is still on hold - maybe wait for Calvin.
Sorry to see that you have to fight nail and claw here with your detractors for TS. As we all know the recent price crash of Tekseng occurred after the worker lay-off in September 2016 and thereafter subjected to reduced rating by analysts. To me the ensuing brouhaha is fairly and better explained by The Edge Financial daily article of 31 October 2016, "Tek Seng says it’s still full steam ahead after layoffs". In summary, TS managing director Loh Kok Beng explained that those retrenched were temporary (or probationary) workers on two new production lines for a Taiwanese client. When the client was not satisfied with their performance, they were dismissed and qualified Taiwanese were brought in. This is certainly not favourable for local politics or technology transfer but for the client or company's business it's the bottomline. But how about CSR? Sad news if the fired worker is our relative or friend. An easily accessible copy of this article is at:
I for one really believe that at the moment TekSeng is a company of good fundamentals and having bright future. Family-controlled, evolved and developed over the years with experience. Direction and priority shifted from PVC to the more technologically-challenged solar cell/panel production - with Taiwanese joint-venture and guidance - should not be an issue. Remember Kyocera of Japan? It's "Kyoto ceramics", but do we perceive it as only a ceramics company? Hopefully our Malaysian Esceram will also one day diversify into more than ceramics and property or construction.
It's just that my investment fund is finite and much less than many of the stock sifus/gods/gurus here so my allocation for this TS counter is limited. And I try to play safe by not putting all or most eggs in one basket, but at times temptation comeths and the eggs fall to the abyss.
As for the future of green energy or technology like solar energy and solar cell/panel well I also have my views and would love to comment. But that's another topic for another day under the sun.
i've bought lots of tekseng shares recently price from 0.865-0.90. I observed here since retretchment happen on sept.2016. I found out that there is lots of ppl not doing their home work on this shares or might did their home work not the right way. I tell u all now, The 40millions order on next year from china & taiwan is not real, The solar panel order dropped 20% recently is not real, "The Edge Financial Daily" news not real (100% Guarantee). Their order book since 1st quarter of this year can busy till atleast end of this financial year dec.2016 is real~ Im sincerely telling u the truth. Believe it or not? Is up to u
What is real is the future will need a lot more Solar panels what ever the proce and the Ringgit weakness means Tek Seng will make more profits when selling overseas and they sell 98% of their product overseas so work it out !
how to increase export sales when the price is low or even below the cost???? sell in very small margin or even in loss??? just depends on FOREX to recover all these????
dont know who is skyrider.... dont get upset bro... just a discussion...just raise up the issues... so that everyone can aware of this... not just jump in blindly... and at this moment, I have no any tekseng on hand.. wont bias as those have tekseng...... hehe
When the price down where got people wan buy, like hevea last time keep fall until 1.08 still got idiot sold at there and call sell at i3forum ,you can see how A lot idiot live in stock market. They like chase high , when they lose cannot pity them , who chase high like gkent one day will pokai to the road
No one is confident on this coming QR results to be good or bad, the one who hold on to TS is because they believe in the future prospects of TS, instead of just short term gain.
Furthermore, even if the QR are up to/ exceeds expectation, the share price may drop too. Look back at the price chart of good QR announced, the price unexpectedly drop, caught many off guard.
Yes a lot of warrants were converted recently. Most probably they got it at a very low price 1 year ago. Converting makes them entitle to the dividend.
This forum is like Hevea forum before. People worry but support. Many warrants converted. However, its price eventually went up from 1.2 (drop to around 1.1) to 1.51.
Since I projected 10 days ago (6/11/16) tekseng to tumble to 0.80 after poor qtr out, tekseng has further dropped from 0.955 to 0.88! Now from 0.88 to 0.80, is just piece of cake after poor qtr out. Be prepared ...... 0.80 is coming !
speculate for what leh.. do your homework, invest if there is a chance to shoot up.. solar definitely is something that people looking for in near future..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gusheng
624 posts
Posted by gusheng > 2016-11-15 16:23 | Report Abuse
coming result will determine the destiny of TS in short-term , hold on guys and don't fight