"As production cost in Vietnam is lower than in Malaysia, NSP plans to relocate the 200MWp capacity from TS Solartech's factory to another in Vietnam belonging to Vina Cell Technology, a subsidiary of Vina Solar Technology which undertakes OEM production of PV modules for NSP, the sources indicated."
wahaha?....i think like its name and end up in tanjung rambutan..... I also wonder how is britishempire .....i hope he is doing good and hope this will rebound like his airasia story :)
Cancellation of the Trans Pacific Partnership will be a good thing for Tek Seng as it will keep the price higher in Asia due to restictic trade with America and the same tarrif will apply to all companies which will be fair. Also any American companies opporating in America will suffer large input Tarrifs that they do not presently incur.
ALWAYS A POSITIVE FEOM EVERY NEGATIVE JUST NEEDS TIME
Sound like good news because of US and China that solar companies are moving out of China to avoid US anti-dumping tariff rate. Malaysia and Vietnam will benefit.
The fact is that solar industry is facing one of the worst if not the worst of price war. Many of the pv cell manufacturers might not earning money, or suffering loss. Tekseng is no exception. But do in mind, do we really expect manufacturers not earning money that long? Especially there's demand globally. Tekseng is selling quite attractive while only selling in term of pvc business (in my point of view) however, You may doubt how long will you have too wait the pv cells price to recover, if that is so don't invest first. Observe.
Waiting for another Q4 result coming soon will be added into 2016 total. Expecting result to be announced in mid February 2017.
If u exclude profits from solar division, the annual profits are relatively stable over the years. 2013: 15,090,000 2014: 14,787,000 2015: 15,517,000 2016: 21,535,000
Nonetheless, the profits from solar has contributed massively since 2015.
Besides solar, the PVC Sheeting has always bring in steady revenues and profits each year. So after reviewing it, I found that the PVC sheeting is a versatile product which can be applied & used in the following:
Packagings, Ceiling Boards, Wall Paper, Lamination on plywood, Stationaries, Raincoats, Car Mat, PVC Umbrella, Canopy, Coat Cover, and the list goes on.
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 > 2017-01-16 09:24 | Report Abuse
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