Their counter is covered by a lot of marketing, as they needed to raise a lot of funds, can't fully trust their real motive on what's actually going on, vs what they want us to perceive that's going on.
There is not enough support to make it turn green. Maybe this is what M16 said who-buy-who-lose trend. Market still dun have confidence in this counter.
hehe so many shouting for a sell, dun waste time here ooo taunting ppl to sell ? if coming result is bad ppl will sell, else wait for ur turn to buy , else buy it now still consider oversold oo
gone wahaha and now come adamdacutie....hehe.....next Q results will more of less same the last Q if it is not any worse. But to be fair, it will not drop much more. How low can it go? if we remove the solar business totally, it should worth around 50c. Hence price now to 50c is not much drop compare when it is at 1.20 or 0.90c which wahaha or britishempire keep on giving buy call ^_^
shortinvestor77: TS dont sell PERC, but sell solar cell n module whose ASP keep dropping n dropping. And the news oso mentioned that TS wont expand production line in2017.
Solar panel industry do not command high barrier of entry bcos it is common products, once China go all out on this, it will be like LED & steel industries, all product prices collapsed all the way to the floor.
i just worried the same situation as 2014 4th Q will happen by next month, where the loss in solar erode PVC profit, made Tekseng negative in that Q result.
well...now every tomd**kandharry counters are rebounding/moving up...it is time for tekseng to break bounce back above 0.74 then 0.80..close watch..you could be surprised...
DUBAI: The United Arab Emirates announced Tuesday plans to invest 600 billion dirhams (US$163bil) in projects to generate almost half the country’s power needs from renewables.
”Our aim is to balance our economic needs with our environmental goals,” Prime Minister Sheikh Mohammed bin Rashid al-Maktoum said on Twitter as the Gulf state unveiled its “Energy Strategy 2050”.
The UAE is a top oil exporter, but has taken steps to reduce its dependency on fossil fuels to generate power, including building nuclear facilities.
The country’s energy mix by 2050 will comprise 44% from renewables, 38% from gas, 12% from clean fossils and 6% from nuclear energy, said Sheikh Mohammed, who is also the UAE’s vice president and the ruler of the emirate of Dubai.
”The plan aims to increase usage efficiency by 40% and increase clean-energy contributions to 50%,” he wrote.
In June, Dubai announced plans to build a 1,000-megawatt solar power plant by 2030, the year it aims to turn to renewable energies for 25% of electricity needs.
In 2013, Abu Dhabi opened the world’s largest operating plant of concentrated solar power, which has the capacity to provide electricity to 20,000 homes.
South Korean firms are also building four nuclear reactors west of Abu Dhabi, which are expected to generate 1,400 megawatts by 2020.
The UAE produces around 2.99 million barrels per day of oil, of which it exports around 2.44 million bpd, according to Opec statistics. - AFP
laying off staff is not the solution, the demand is there everywhere in every country and is growing exponentially like crazy but the solar companies in malaysia are just not good enough in bidding the PV jobs!!! these companies are just too dependent on the government for funds and grants
Exporter with PE ratio 5.0 still not cheap enough? They rely on china taiwan customer orders so US trump's next possible trade policies won't affect tekseng. Check below:
"..... to ramp up its production capacity based on the volume loadings from existing customers in China and Taiwan."
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....
M16s
296 posts
Posted by M16s > 2017-01-05 09:09 | Report Abuse
Hopeless counter. Sell.before 0.5 on next quarter