Obviously thanks to pressing it down daily rather than letting it settle and move from new low to rebound. Sudden rebound will surely be happy to see catching the operators off guard :))). Revenue earned is not lost though price of solar claimed lower now. The co only earned less if that is so.
Every single cents the price move will have the buyer and seller. not worthy to fight as all share price should then stick to it's value at the end. No matter how cheap the solar cell can be sold, it still contribute the revenue, just more or less compare to 2014/15.
Tough lower revenue will direct impact the profit margin, but think deeper, who will make a product and sell it with negative margin (not include those inventory balance that was made with high cost)? Human will try hard to survive, the owner will rather stop all production instead of selling with losing money.
Don't expect a company can do very well when they just step into this kind of high tech industry, all business need time and only time can tell how good the business are. If can't wait, just sell, if willing to wait and put a chip on it, just wait.
For a longer term, perhaps more than 3 years, i personally think solar cell is still a good, because when come to energy, we can think of water, petroleum, nuclear, renewable/waste convert, wind and solar, maybe others i don't know.
water : we need river, huge river. petroleum / nuclear: a bit costly as it was control by big shark. waste convert: started in 5-10 years back, many still making lose in their business. wind: not every country can do this, despite it's clean. solar: not all but most country, building, house can be installed.
Good news if solar cell is cheap, government will slowly move to use solar if it is cheaper than the other energy source. Even some house/building owner have solar board/cell installed to get rebate from tenaga every month. Some green building highly depend on solar energy too.
P/S: This is not any advice to buy/sell. Just some thought of mine. I hold very little share of this counter, but this counter attract my eye since it has drop so much in just 2-3 months.
eeddiewgj: "who will make a product and sell it with negative margin ............. the owner will rather stop all production instead of selling with losing money." ... this statement is misleading.
As long as the loss is manageable, it is ok to manufacture with negative margin so as to weather through the storm. It is better than to stop production and retrench all staff, which will have an even more serious ramification. Have u heard of factory close off just because of a temporarily manageable negative margin ?
Death squads sooner become BBQ squads. no one can guarantee the future, but the fact of TS is no good or getting worser. Go and read their report, actually worried me alot. if you put you money on it, it is same risk as you gambling. You only can hope.... solar demand and price recover. You only can hope.
Thanks Chickmonk for your enthusiam and updates during that point of time . Will look upon you when it is good reentry time again. You were real sifu then.
Those u still holding and paper loss be patient and TS still profitable company at the moment. If believe buy at low price n hold long period. If don't believe buy buy. Those laugh at you will be laugh of themselves when TS uptrend.
TS borrow money to setup solar production line, now the solar make almost no profit. But the total debt already increase to double. TS did not earn extra but have to pay for more debt. When you buy in, it is consider to own this business. If the business still profitable and worth for this price, go a head but at your own risk.
every companies have debts. most important got cash flows in the company. progressing companies cannot run away from debts lah. solar power will replace electricity very soon. TS will be a pioneer in Malaysia.
even chickmonk also sold tekseng. good one. TS without Solar is a dead cat. wait reversal sign lar. so fast jump in for wat. chickmonk u sold what price? nice one chickmonk
The buy q is at lower price, in fact lot of sell q waiting there. No reversal sign yet and still cannot c the bottom. Soon can reach 0.5 if everyday drop 10 or 20 sen
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....
air01557
2,511 posts
Posted by air01557 > 2016-12-09 12:14 | Report Abuse
dead cat bounce - CLOWN Wahaha will be buying now !!