Posted by skyrider > 2016-11-30 00:31 | Report Abuse

Alpha Trader, July to Sept pv price is from HIGH to bottom. Oct onward recover a bit, but not substantial, even admit by your self "solar will make loss on q4? please look at pv prices, it has recovered, though not to previous high". So 4Q average price still lower than 3Q.

In case u are not aware, as at late November, price is still 26.6% lower than July.
"He noted that solar cells were selling for about US$1.10 currently, compared with about US$1.50 in July." http://www.thestar.com.my/business/business-news/2016/11/28/tek-seng-expects-net-profit-and-revenue-to-improve/

Posted by skyrider > 2016-11-30 00:31 | Report Abuse

Since late last year ppl buy tekseng for its solar, now solar not performing, expect ppl to dump it.
"水能载舟,亦能覆舟."
The water that bears the boat is the same that swallows it up.

Posted by dragon1 > 2016-11-30 00:37 | Report Abuse

Skyrider, agreed to your statement and you see something other didnt see.

Posted by skyrider > 2016-11-30 00:43 | Report Abuse

dragon1, appreciate your concurrence, just sharing thought.

Posted by Alpha Trader > 2016-11-30 00:43 | Report Abuse

lets see =)

Posted by Hunter Cho > 2016-11-30 01:11 | Report Abuse

i am glad finally the result is out

Posted by stockmanmy > 2016-11-30 01:44 | Report Abuse

TS is not just at a bad quarter.



with $ 90 million of inventories
$180 million bank borrowings.....


you are looking at bankrupcies.

Posted by stockmanmy > 2016-11-30 01:44 | Report Abuse

TS is not just looking at a bad quarter.



with $ 90 million of inventories
$180 million bank borrowings.....


you are looking at bankrupcies.

Posted by paperplane2016 > 2016-11-30 01:48 | Report Abuse

Why want to waste time on such stock. Must well focus stock can make money.

Posted by stockmanmy > 2016-11-30 01:50 | Report Abuse

I pity them

Posted by Hunter Cho > 2016-11-30 01:51 | Report Abuse

is this borrowing to be paid back tomorrow or in one month or over several years?

Posted by Hunter Cho > 2016-11-30 02:04 | Report Abuse

also trade receivables $43.9M since this was left out above

Posted by HCHEN > 2016-11-30 08:28 | Report Abuse

cheap sales for Ah Seng koh. not only share,, but also assets.. agreed with stockmanmy, Bank borrowing too big and expended too fast.

Posted by Beza > 2016-11-30 08:29 | Report Abuse

Cash and bank balances is RM 11655000 left. I know stockmanmy wanted to scarce others by purposely ignore cash pile Tekseng has.

Posted by Beza > 2016-11-30 08:31 | Report Abuse

Cash flow must be good for any business (with net cash or debt) --- Cool-Eye Criteria.

Posted by Mtnike688 > 2016-11-30 08:39 | Report Abuse

Hmm. Actually can we calculate in this way?
Assume all 4 qr result not so good. At EPS 2 cents x4 = 8 cents x 10 = 80 cents?
When I look at the report. I got shocks also the revenue and earning drop.
But by looking on the future demand.
Energy saving is something what global need.
I believe price will still drop because so many player here. But I also believe TS got few production and it can sustain the profit.

I was thinking of cut loss. But when I think if holding power, why need to sell? And I'm buying company, not news.

Correct me if I'm wrong. Because hope to learn from seniors as well.

Posted by fresh investor > 2016-11-30 08:50 | Report Abuse

i'm waiting at 0.65 & 0.6
it looks like a threat, but it is also an opportunity for u to make profit.

Posted by stockmanmy > 2016-11-30 08:52 | Report Abuse

fresh

it will be a tough job for anybody to turn this around.

Posted by titus > 2016-11-30 09:02 | Report Abuse

gone case. Cut loss.....10%. Luckily only invested 40% allocation.

Posted by titus > 2016-11-30 09:03 | Report Abuse

profit made from this counter previously all give back.....

Posted by fresh investor > 2016-11-30 09:06 | Report Abuse

stockmanmy, no pain no gain.
if wanna make money, need to take risk.

Posted by fresh investor > 2016-11-30 09:07 | Report Abuse

really looking forward to get at 0.65 & 0.60

Posted by Timie > 2016-11-30 09:10 | Report Abuse

Anytime can go to 0.50

Posted by kt99 > 2016-11-30 09:12 | Report Abuse

67 all in

Posted by Alex Lim Jun Xiong > 2016-11-30 09:13 | Report Abuse

Buy 76 cents yesterday?
Now left 67 cents.

Posted by Biorider > 2016-11-30 09:14 | Report Abuse

jump water show!!!!!!!!

Posted by Tai KT > 2016-11-30 09:15 | Report Abuse

support at 0.6

Posted by OOMMGG > 2016-11-30 09:15 | Report Abuse

Solar industry is in down cycle. May take sometimes to recover. No rush to jump in now. Be patience, opportunity is always there.

Posted by Sun Sunny > 2016-11-30 09:17 | Report Abuse

Finally can start to buy now

Posted by titus > 2016-11-30 09:22 | Report Abuse

i wonder if wahaha truly hold this stock, don't know how much he loss. Hope all the best to him. And also britishempire. but he say as long no sell. No loss yet. So he should be ok.

Posted by Tai KT > 2016-11-30 09:24 | Report Abuse

price is still falling and no yet touch the ground, be cautious.

Posted by Investor5711 > 2016-11-30 09:26 | Report Abuse

let's wait, later will fall back

Posted by Biorider > 2016-11-30 09:27 | Report Abuse

"as long no sell. No loss yet" => most dangerous thought !!!!!!!!!!!!!

Posted by gusheng > 2016-11-30 09:27 | Report Abuse

All in already. Prepare keep for long term.

Posted by stockmanmy > 2016-11-30 09:27 | Report Abuse

you probably have wrong approach / mentality to stockmarket.





Posted by fresh investor > Nov 30, 2016 09:06 AM | Report Abuse

stockmanmy, no pain no gain.
if wanna make money, need to take risk.

Posted by gusheng > 2016-11-30 09:27 | Report Abuse

lets do it wahaha and smartinvestor1. hahaha

Posted by cytew > 2016-11-30 09:30 | Report Abuse

最后一批的山猪阵亡了！哈哈哈！

Posted by fresh investor > 2016-11-30 09:37 | Report Abuse

i'm regret that i wait at 0.65. should enter at 0.66 just now. too greedy.

Posted by cytew > 2016-11-30 09:39 | Report Abuse

其实天下的傻子很多…，要不然阳光底下就没有那么多灿烂和可歌可泣的故事了！

Posted by ezobear > 2016-11-30 09:39 | Report Abuse

Solar industry is a commodity business which are fast pace, cut throat & winner take all. Small potatoes like TS has no technology advantage, government back-up to achieve economic of scale, i.e. cost/watt.

First Solar (US), Q-cell (Germany), Sun Power (Germany later on sold to China/Taiwan) all KO in malaysia.

You can judge what is the survival chance of TS to excel in solar panel manufacturing?

Posted by beso > 2016-11-30 09:43 | Report Abuse

as i said sure below 0.70

Posted by cytew > 2016-11-30 09:44 | Report Abuse

I thought TS was just a solar panel assembler only ?

Posted by Biorider > 2016-11-30 09:47 | Report Abuse

your so called "opportunity" has arrived since long time ago till now.... walao...who follow blindly one now loss kah KML.... wahahahahhaa

Posted by Sun Sunny > 2016-11-30 09:52 | Report Abuse

Good time to buy at good price now

Posted by BRITISHEMPIRE > 2016-11-30 10:05 | Report Abuse

YES TITUS YOU ARE CORRECT NO LOSS HERE ! Unlike all these short term panic sellers I look at the long term, I am working with international governments and dealing with the Paris accord on climate change. With all the new requrements on renewable energy solar panel sales will be at an all time high over the next few years and because most solar companies have scaled back there production they will struggle to keep up with supply ! TS however are better positioned as they have continued on there production facility upgrade and now have all their new lines ready for when the demand increases which is good planning and will give them a big advantage when things turn around and they will. When all the sellers say if only I had held my TS shares when they are at 2 ringgit a share I will be saying TOLD YOU SO!

Same thing happened with AirAsia everyone said sell at .77 but I held and sold at 3 ringgit and said told you so !

Thank you sellers !

Posted by Investor5711 > 2016-11-30 10:13 | Report Abuse

don't forget the contrarians are selling off, most of them bought at .66

Posted by fresh investor > 2016-11-30 10:16 | Report Abuse

pls don only looks at solar business, TS still have other business.
don just follow the others who keep saying solar bad news.

Posted by Abilakh > 2016-11-30 10:24 | Report Abuse

The entire business segments rode on forex gains this quarter (including PVC) The core earnings of all the business segments were significantly lower than previous quarter (Q2). This is very likely to persist into the next 1 or 2 quarters with the price staying stagnant or falling lower

Posted by BRITISHEMPIRE > 2016-11-30 10:31 | Report Abuse

A very valid point Fresh Investor as TS are a holding company involved in many areas one of which is PVC and furniture coverings and everyone will allways demand furniture and PVC no slowdown their !

Actually all these panic sellers have not done the homework on this share they just keep comparing to American Solar Companies which is ridiculous as any American company whatever industry they are in is suffering due to the high US dollar as it makes it impossible to be competative when selling overseas which actually is the complete opposite for TS as they are a Ringgit Malaysian company and the weaker the ringgit is the more money they will make in profit when selling overseas !!!!!!!!

Start doing your homework and understand the markets before you make sell calls on here which is the complete opposite of what you should be doing when the ringgit is weak buy buy buy as THIS IS AN EXPORT COMPANY !!!!!!

Posted by ipunk > 2016-11-30 11:15 | Report Abuse

Tekseng is very resilient company most of the solar company suffer losses in third quarter but tekseng still able to maintain profit.