Posted by kevin008 > 2016-11-28 09:09 | Report Abuse

Pvc double digit growth..really oversold haha

Posted by vivoviva > 2016-11-28 09:12 | Report Abuse

wont drop by 20%. it will be as good as QR2.

Posted by vivoviva > 2016-11-28 09:12 | Report Abuse

just wait and see. operators are pushing down the price.

Posted by Sun Sunny > 2016-11-28 09:13 | Report Abuse

Just wait the report. Cash ready

Posted by cmLai > 2016-11-28 09:16 | Report Abuse

https://brokingrfs.cimb.com/mJ1e81lRlF5mKsSvBl5o50tYjGLM8SNCGKf6BBGtOX7adQoeNMWRlbRR_0URKvbbGVoNC2qf_PrhBQ2.pdf
Tek Seng Holdings Bhd, which manufactures polyvinyl chloride (PVC)
products and solar cells, expects net profit and revenue for the financial year
ending Dec 31, 2016 (FY16) to improve compared with last year. Group
managing director Loh Kok Beng told StarBiz that the solar cell business should
contribute about 60% to the company’s 2016 revenue.
 “For the past nine months, we have delivered more than 60m units of solar
cells to customers in China and Europe, which is about 20% more than the
same period a year ago,” he said. Tek Seng will gradually increase solar
cell production capacity to 10m pieces per month from six million pieces
currently, or about 250MW production capacity.
 “We hope to achieve the 10 million solar cells per month target by the
second half of next year. The order book for the third quarter 2016 was
about 50% filled up. For the fourth quarter, the order book is about 70%
filled,” he said. Tek Seng targets about 500MW or 120m pieces of solar
cells of production next year. “In 2016, the total output is about 200MW or
60m pieces of solar cells,” he added. Loh said the company initially targeted
to produce 740MW or 156m pieces of solar cells in 2017. (Starbiz)

Posted by shortinvestor77 > 2016-11-28 09:17 | Report Abuse

Is it a good new?

Posted by imnewbie > 2016-11-28 09:20 | Report Abuse

Not really a good news, but provide more transparency to investor abt compny future prospect.

Posted by kevin008 > 2016-11-28 09:27 | Report Abuse

9 mth 60m pieces
Jan to Jun16 revenue for solar ard rm190m( 32m pieces x usd 1.5 x 4)
Mean this qtr 28m pieces ard rm 123m( 28m pieces x usd 1.1 x 4)
Wah super undervalue

Posted by shortinvestor77 > 2016-11-28 09:29 | Report Abuse

So, how much earned this q?

Posted by kevin008 > 2016-11-28 09:34 | Report Abuse

Last qtr jun 16..solar revenue 100m with profit 6m
Pvc and other ard 10m profit
I guess sep16 will better if the news is correct haha

Posted by beso > 2016-11-28 09:52 | Report Abuse

as i said sure drop de below 0.70

Posted by ezobear > 2016-11-28 09:56 | Report Abuse

"He noted that solar cells were selling for about US$1.10 currently, compared with about US$1.50 in July."

ASP dropped by 30% & expect further drop based on spot price market. This statement sum up the challenge facing by Tek Seng.

http://www.thestar.com.my/business/business-news/2016/11/28/tek-seng-expects-net-profit-and-revenue-to-improve/

Posted by smartInvestor1 > 2016-11-28 10:11 | Report Abuse

good news. good result. Collect more

Posted by MuttonCurry > 2016-11-28 10:13 | Report Abuse

Non sense ... then why letgo of their staff ?. You saw their peer results in Taiwan this Q. Best to wait for results ... no need hurry to chase

Posted by beso > 2016-11-28 10:16 | Report Abuse

of course their boss will tell you good story so they can sell their share to you, simple as that
like it or not poor qr is otw

Posted by skyrider > 2016-11-28 10:16 | Report Abuse

2Q solar revenue RM100.585 million, gross/net profit RM13.268 million (no tax) give profit margin 13.19%.
If ASP dropped by 30%, which is more than profit margin of 13.19%, that mean solar is making loss !!
and that loss will eat into PVC and other income proft !!
Wow .... worse than I thought, maybe should run really really fast now !!

Posted by Sun Sunny > 2016-11-28 10:18 | Report Abuse

60 cent coming.

Posted by Sun Sunny > 2016-11-28 10:25 | Report Abuse

This company so good. Everyday give cheap sale.

Posted by MuttonCurry > 2016-11-28 10:28 | Report Abuse

wahaha ?

Posted by Sun Sunny > 2016-11-28 10:28 | Report Abuse

0.795 now. Wuhahah

Posted by kevin008 > 2016-11-28 10:32 | Report Abuse

skyrider..according to the news...sales for solar nine mth hit 60m pieces la..
u cant just use ASP to count..the sales volume was increased
ard 32m pieces solar in first half of 2016..tat mean jul to sep16 28m pieces ..thus revenue ard RM123m(28*1.1*4)

Posted by sell > 2016-11-28 10:34 | Report Abuse

When is QR to be announced? 70-75 sen by QR announcement?

Posted by titus > 2016-11-28 10:35 | Report Abuse

wahaha bcome huhuhuhu now.....
do continue to tell us you are buying more. plsss.....

Posted by Jon Choivo > 2016-11-28 10:35 | Report Abuse

Quarter is most definitely by today.

Posted by skyrider > 2016-11-28 10:44 | Report Abuse

If calculated proportionally, ASP drop 30% vs 2Q profit margin 13.19%, solar will give loss of more than RM13.268 million (which is solar 2Q gross/net profit) !!
This likely would wipe out all the PVC and other income profit and give an overall result of negative EPS !!
Don't think anymore ........ just run ....................!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by Jon Choivo > 2016-11-28 10:46 | Report Abuse

I am seriously thinking if i should top up, despite holding quite abit d, started buying since last monday.

The price has fallen, due to a first hit of a retrenchment (which turned out to be temporary staff), slow down in solar industry (not related to Q3).

It has fallen so much as people kept expecting this quarter to be worse. Which i think it wont, especially since the directors bought 2m after Q3 end.

I guess we will know by this evening.

Posted by Sun Sunny > 2016-11-28 10:47 | Report Abuse

Last chance to sell at 0.79.

Posted by Jon Choivo > 2016-11-28 10:48 | Report Abuse

Or buy. I have honestly no idea.

Posted by red_85 > 2016-11-28 10:48 | Report Abuse

finally tekseng reached my expected price..0.8...let's start to do more research shall enter at such level or wait qr...

Posted by kevin008 > 2016-11-28 10:50 | Report Abuse

aiya dun wan argue with u.
told u sales volume increase la..

Posted by M16s > 2016-11-28 10:53 | Report Abuse

Wahaha, what is ur opinion now?

Posted by beso > 2016-11-28 10:54 | Report Abuse

the die hard promoter is missing now sure suffered huge loss
as i said last thusday last chance to run at 0.84 ppl don't believe
see your own what is the price now
sure below 0.70 de

Posted by ezobear > 2016-11-28 10:59 | Report Abuse

Please spend sometime to study our labour law on layoff. Many restrictions will be imposed for next 1 year if companies executed the layoff.

That implies that TS's management team see no recovery/improvement for next 12 months.

Posted by M16s > 2016-11-28 11:01 | Report Abuse

0.785 wahaha and smartinvestor1 suffer big loss d. God bless

Posted by nich0las > 2016-11-28 11:02 | Report Abuse

0.78 , Main company keep Fired employee?

Posted by M16s > 2016-11-28 11:02 | Report Abuse

0.78. How? buy more?

Posted by Biorider > 2016-11-28 11:06 | Report Abuse

see you around 70cents!!!!!!!!

Posted by kevin008 > 2016-11-28 11:08 | Report Abuse

buy more when cheap mah..

Posted by Biorider > 2016-11-28 11:27 | Report Abuse

Wahahaha: buy, accumulation time!!!!!!!

Posted by Sun Sunny > 2016-11-28 11:32 | Report Abuse

Wait for result get another great discount

Posted by M16s > 2016-11-28 11:35 | Report Abuse

Wahaha, urgently need your opinion

Posted by popo92 > 2016-11-28 11:35 | Report Abuse

Buying more hehe

Posted by IamTheBoss > 2016-11-28 11:37 | Report Abuse

Wahahaha finished selling his stocks and now hiding in the cave

Posted by SharehlderOppression > 2016-11-28 11:39 | Report Abuse

Tek Seng's profitability improving, director buying, but share price decreasing?

Posted by Biorider > 2016-11-28 11:48 | Report Abuse

director buying is not really a good signal or reason to buy.... look at dsonic, CBB bought in how much,,,,,another good example is Ewein....

Posted by Lukesharewalker > 2016-11-28 11:55 | Report Abuse

No biggie....max 2 more days
As I said the syndicate would maximise the downtrend.
Any positive QR would reverse trend immediately

Posted by Lukesharewalker > 2016-11-28 11:57 | Report Abuse

Worse scenario 2015 results?

Posted by Lukesharewalker > 2016-11-28 11:59 | Report Abuse

Anyway we are exceeded 2015 results

Posted by Lukesharewalker > 2016-11-28 12:11 | Report Abuse

Assuming 2015 eps, that's 8 cents, at pe 10, that's 80 cents

Posted by titus > 2016-11-28 12:14 | Report Abuse

Wahaha no where seen. He use to come in n chant everyday. But now mia. That y I alway beware id that suddenly come in and constantly promoting. Wahaha, Fyi, I bought some below .80.