Posted by Huat Huat > 2016-11-28 17:42 | Report Abuse

right issue? good to take up?

Posted by M16s > 2016-11-28 17:57 | Report Abuse

End of the month u have to announce...No chance to hide TS.

Posted by skyrider > 2016-11-28 18:01 | Report Abuse

Biorider, u may refer to http://pv.energytrend.com/ for global pv prices (price measured in watt) and global solar trend.

Posted by hunterz86 > 2016-11-28 18:04 | Report Abuse

prices reflect in watt should be more appropriate...

Posted by air01557 > 2016-11-28 18:11 | Report Abuse

I agree with Jon - just temporary jitters - rebound to be expected soon - very soon

Posted by air01557 > 2016-11-28 18:15 | Report Abuse

Its the fall in the solar market - less profits that is all - does not warrant a crash - stay invested

Posted by Jon Choivo > 2016-11-28 18:17 | Report Abuse

I dont expect less profits. You dont post 2 unbelievable quarters and then just crash the profit the next quarter, its a slow drop if anything.

I still expect this quarter to be much higher than the previous year and for this quarter to be the biggest quarter for this year.

Posted by skyrider > 2016-11-28 18:19 | Report Abuse

How to make profit when selling price lower than cost?

Posted by Jon Choivo > 2016-11-28 18:23 | Report Abuse

You are right, but that is in Nov, this quarter is Q3 which is July, August and September.

In July, price is still USD 1.5. In addition, with the opening of new plants, its likely that cost will fall as well due to economy of scale.

Posted by M16s > 2016-11-28 18:27 | Report Abuse

No need to argue ok. 2more days will be revealed. No way TS can hide.

Posted by nicky11 > 2016-11-28 18:34 | Report Abuse

First Solar which is one of the leading solar panel company will also cut down the workforces on 2017. TekSeng solar is just a small player, it won't avoidable. Personal feel contribution of the solar segment to TekSeng group will be less on 2017. One of the reason investors buy TekSeng share is due to this solar segment. This QR is maybe acceptable but future quarter will be quite tough. Buy or sell is at our own risk.

Posted by air01557 > 2016-11-28 18:40 | Report Abuse

I am just about to buy - not in yet - tomorrow I will buy before the Q3 result is out.

Posted by dizzyshin > 2016-11-28 19:53 | Report Abuse

skyrider what makes you think selling price is lower than cost? really funny. even worker inside the solar plant will not know what is the cost. If selling price lower than cost nobody will produce anymore, use some common sense.....

Posted by Sun Sunny > 2016-11-28 20:58 | Report Abuse

2 more days to go. More discount coming.

Posted by Patrick13 > 2016-11-28 21:58 | Report Abuse

I estimate Q316 EPS is about 4.5 sen, lower than Q216 due to solar order is only 50% filled up, but is better than Q315. Earnings should be contributed more from PVC Products with better profit margin. But with addtional 3 new solar lines to be fully operational in Dec plus 70% orders filled, Q416 profit definitely will be higher.

Posted by skyrider > 2016-11-28 22:49 | Report Abuse

dizzyshin, then can u explain what is the effect of 2Q solar profit margin 13.19% but in 3Q solar ASP drop more than 15% ?

Posted by popo92 > 2016-11-28 23:49 | Report Abuse

skyrider, the decline of profit margin does not only include lower selling prices but also depreciation. Think of the huge expansion line recently, there will be higher deprecation...

Posted by Patrick13 > 2016-11-29 07:53 | Report Abuse

@ popo92, additional 3 new lines will only be fully operational in December. Therefore, the depreciation charge takes effect from December onwards. Besides, manufacturing company can claim Reinvestment Allowance incentive from YA2016 to 2018 as long as the machine is operational. Hence, can estimate Q416 will have better profit, even through lower selling prices. Also take note Q416 order is 70% filled up as per article highlighted.. Quantum is there d.

Posted by shortinvestor77 > 2016-11-29 07:57 | Report Abuse

I guess the new 3 lines will not be installed anymore, only the existing 9 lines are optimized to produce 120 millions solar panels next year according to MD. As no longer need to produce 160 million products, hence new lines are not needed.

Posted by MOTOHO > 2016-11-29 08:16 | Report Abuse

Now close 1 big line......

Posted by popo92 > 2016-11-29 08:43 | Report Abuse

Patrick13, what i mean is there will be higher depreciation in coming quarter, because the additional line is added recently. Therefore there is reason that net margin will pull back in coming quarters. But as you point out, good thing is that PVC contributes more.. yesterday management had pointed out it will be double digit growth.

Posted by Biorider > 2016-11-29 09:21 | Report Abuse

Great "discussion" here...lets see how this evening!!!!!!!! hahaha

Posted by Biorider > 2016-11-29 09:22 | Report Abuse

Skyrider, thanks for the link!!!!!

Posted by Lukesharewalker > 2016-11-29 09:32 | Report Abuse

I suspect the current price reflects the annualised eps for 3Q

Posted by Biorider > 2016-11-29 09:34 | Report Abuse

"Jon Choivo You are right, but that is in Nov, this quarter is Q3 which is July, August and September.

In July, price is still USD 1.5. In addition, with the opening of new plants, its likely that cost will fall as well due to economy of scale. " Quoted by Bro Jon Choivo.

One thing I wish to highlight here is the solar price crashing since this July or somewhere in August not in Nov !!!!!!!!!! Make your own decision!!!!

Posted by skyrider > 2016-11-29 09:51 | Report Abuse

.. and the pv price crash bottom in September, so by september already got the full impact of the solar crash.

Posted by beso > 2016-11-29 09:53 | Report Abuse

as i said below 0.70

Posted by Lukesharewalker > 2016-11-29 09:53 | Report Abuse

Question is why have a press release within days of the QR release? To calm the oncoming waves

Posted by Lukesharewalker > 2016-11-29 09:57 | Report Abuse

They could just explain with release of QR

Posted by Biorider > 2016-11-29 09:59 | Report Abuse

We are alll TS fans here... so we wait and see the QR today...cheers!!!!

Posted by Lukesharewalker > 2016-11-29 09:59 | Report Abuse

Plus the supply is coming from a few individuals. So many stop loss?

Posted by M16s > 2016-11-29 09:59 | Report Abuse

This counter surprisingly everyday down, not even single day to be green recently. Even thought the result not yet release

Posted by air01557 > 2016-11-29 10:00 | Report Abuse

expect a rebound soon - short term players can enter now.

Posted by Lukesharewalker > 2016-11-29 10:02 | Report Abuse

Not many shares behave like this. Bursa should have query

Posted by air01557 > 2016-11-29 10:02 | Report Abuse

i have keyed in a buy order at .77

Posted by beso > 2016-11-29 10:04 | Report Abuse

it's ok u buy 1st, later sure new low

Posted by Lukesharewalker > 2016-11-29 10:11 | Report Abuse

If the QR is not today, prepare yourselves
Its look like the work of professional syndicates, not the small timer

Posted by Sun Sunny > 2016-11-29 10:11 | Report Abuse

Yes. Last 2 days discount.

Posted by Sun Sunny > 2016-11-29 10:13 | Report Abuse

Im so happy keep my cash n watch this counter drop everyday. I'm prepare to buy after report out. Will be another super discount. Wuhahahah. Who think the price is cheap now can buy in first

Posted by Lukesharewalker > 2016-11-29 10:14 | Report Abuse

If you are retailers, why would you cut loss now? Rationally you would wait for QR

Posted by M16s > 2016-11-29 10:18 | Report Abuse

Congrats air01557, able to catch ur price

Posted by M16s > 2016-11-29 10:26 | Report Abuse

I wonder where is wahaha, die hard fans but suddenly disappear.

Posted by Cyril > 2016-11-29 10:27 | Report Abuse

he at hospital, bleed so much

Posted by air01557 > 2016-11-29 10:27 | Report Abuse

got some, bal waiting

Posted by air01557 > 2016-11-29 10:36 | Report Abuse

OK now fully invested at .77 - now wait for rebound

Posted by IamGoogle > 2016-11-29 10:37 | Report Abuse

Not easy market, all players have been rushing to double or treble their production capacity, market over supplied now, please read news from oversea news portal to find out.

Posted by Lukesharewalker > 2016-11-29 10:41 | Report Abuse

If the QR is bad still after the press release, I would suggest all to sell and black list this counter.

Reminiscence of comcorp

Posted by Lukesharewalker > 2016-11-29 10:45 | Report Abuse

I hope wahaha is not the one cutting losses....Haha

Posted by Lukesharewalker > 2016-11-29 10:48 | Report Abuse

If QR is bad, its one big con job

Posted by nocindycat > 2016-11-29 10:49 | Report Abuse

QR confirm better than last year la, please wake up, but lower than last quarter, see what you want