TEK SENG HOLDINGS BHD

KLSE (MYR): TEKSENG (7200)

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Last Price

0.275

Today's Change

+0.005 (1.85%)

Day's Change

0.275 - 0.275

Trading Volume

5,000


14 people like this.

12,796 comment(s). Last comment by yujue2019 2024-07-30 00:34

kenen

423 posts

Posted by kenen > 2017-02-17 11:43 | Report Abuse

i wont sell...lollllll

Posted by SharehlderOppression > 2017-02-17 12:08 | Report Abuse

Up today, but long way to go from 1.40..

Patrick13

1,971 posts

Posted by Patrick13 > 2017-02-17 13:28 | Report Abuse

Need to go beyond 0.815 first, then only look for higher price. If bad result release, no doubt it will free flow below 70 cent again.

kenen

423 posts

Posted by kenen > 2017-02-17 14:38 | Report Abuse

yahoo.shoot shoot shoot

micky92

759 posts

Posted by micky92 > 2017-02-17 14:39 | Report Abuse

Should break 0.815 today..

Mgician

716 posts

Posted by Mgician > 2017-02-17 14:45 | Report Abuse

Ntg to worry . Enjoy the show

kenen

423 posts

Posted by kenen > 2017-02-17 14:46 | Report Abuse

@gusheng. u sale sendiri.hahahahha

gusheng

624 posts

Posted by gusheng > 2017-02-17 14:48 | Report Abuse

yeahh..go go power ranger $$$

kenen

423 posts

Posted by kenen > 2017-02-17 14:53 | Report Abuse

this year. from now.i never loss

adamant

387 posts

Posted by adamant > 2017-02-17 15:00 | Report Abuse

i like your power ranger. Go gogogogogog

gusheng

624 posts

Posted by gusheng > 2017-02-17 15:22 | Report Abuse

someone pls clear the 0.80 block

lanciao

544 posts

Posted by lanciao > 2017-02-17 15:34 | Report Abuse

Add oil...↑↑↑↑↑↑

air01557

2,511 posts

Posted by air01557 > 2017-02-17 15:40 | Report Abuse

the chart looks good - let's see if 0.815 can be overcome

hueyyng27

298 posts

Posted by hueyyng27 > 2017-02-17 15:55 | Report Abuse

tighten your seat belt, TS is rocketing anytime :)

Posted by BRITISHEMPIRE > 2017-02-17 16:27 | Report Abuse

ONCE ALL THE WEAK HOLDERS SELL AND THE BUYERS OVERTAKE IT WILL SHOW IT'S POTENTIAL !

gusheng

624 posts

Posted by gusheng > 2017-02-17 17:05 | Report Abuse

nice close with high volume. Good job. foresee next monday will be in uptrend oso . Provided the resuld is good.lol

imnewbie

162 posts

Posted by imnewbie > 2017-02-18 09:48 | Report Abuse

NSP said that TS Solar had stopped production due to market conditions. NSP said it would retrieve the manufacturing equipment according to the purchase contract with TS Solar that would be recognized as an impairment loss but not as a cash cost to the company.

Victor Tan

117 posts

Posted by Victor Tan > 2017-02-18 17:24 | Report Abuse

That is actually good news, no wonder Tek Seng up. This means losses has stop for Tek Seng

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-02-18 17:33 | Report Abuse

sure will not go bankrupt?

youkian2

332 posts

Posted by youkian2 > 2017-02-18 19:02 | Report Abuse

Those people who bought on LAST FRIDAY can't be ALL silly people.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-02-18 19:27 | Report Abuse

you cannot rule out that possibility


youkian2 > Feb 18, 2017 07:02 PM | Report Abuse

Those people who bought on LAST FRIDAY can't be ALL silly people.

Posted by Rodney5453 > 2017-02-18 20:26 | Report Abuse

Very smart/good corporate exercise, trim away excess fat / dispose loss making
entity and only retain profitable business, like DRB (proton) and Genting(GenS- VSS).

skyrider

486 posts

Posted by skyrider > 2017-02-18 21:29 | Report Abuse

If NSP would retrieve the manufacturing equipment from TS Solar, that mean TS solar will not be cushioned by the "Compensation received from a supplier" any more ( RM3.779 million in Q3 ).
Wouldn't that hurt TS solar bottomline ?

skyrider

486 posts

Posted by skyrider > 2017-02-18 21:47 | Report Abuse

Without this "Compensation received from a supplier" of RM3.779 million in Q3, TS solar would have been in the red in Q3.

youkian2

332 posts

Posted by youkian2 > 2017-02-18 21:56 | Report Abuse

If the intepretation is so simple, there won't be a surge in volume and price on friday. For those who are always looking for bad news desoite the announcement, just avoid TS. There are hundreds of other counters in bursa to choose from.

youkian2

332 posts

Posted by youkian2 > 2017-02-18 22:27 | Report Abuse

If making good profit why sell

skyrider

486 posts

Posted by skyrider > 2017-02-18 23:00 | Report Abuse

TS solar was making profit for the past 5 qtr. Even in the bad 2016 3Q, it also make profit, even though it was saved by the "Compensation received from a supplier" of RM3.779 million.
That is why I opine once this cushion of "Compensation received from a supplier" is removed, TS solar bottomline will suffer.

youkian2

332 posts

Posted by youkian2 > 2017-02-18 23:06 | Report Abuse

Ts is not just ts solar. Its main business is PVC and PVC-coated products,

skyrider

486 posts

Posted by skyrider > 2017-02-18 23:06 | Report Abuse

Now come to the question of "If making profit why sell?". My guess is TS solar could sell back to NSP at a handsome profit. This is a possible as NSP could be so not smart in the first place to offer TS solar good compensation if they do not order enough.

youkian2

332 posts

Posted by youkian2 > 2017-02-18 23:16 | Report Abuse

Both the companies are owned by taiwanese china men. Just hope that it is a win-win situation for both companies.

skyrider

486 posts

Posted by skyrider > 2017-02-18 23:21 | Report Abuse

Similarly NSP could be so not smart to write in the contract to take back the equipment from TS solar at a big loss (but profit to TS Solar) . Can anyone confirm this ?

youkian2

332 posts

Posted by youkian2 > 2017-02-18 23:38 | Report Abuse

at least, the market interprets this announcement as good news. this observation is based on the price and volume on last friday.

Yipman

391 posts

Posted by Yipman > 2017-02-19 00:45 | Report Abuse

monday gap down again. definitely this coming QR will not good. It's so many uncertainty. the solar impacts may drag for another 2 qtr at least.

Posted by Rodney5453 > 2017-02-19 01:15 | Report Abuse

Profit now will turn into liability in the next 2 qr, solar industries supply outpace demand. Remove it before turn cancerous. Sale dropping, light dimming and no sight of light at the other end of tunnel.

Posted by Rodney5453 > 2017-02-19 01:34 | Report Abuse

As being reported that solar industries needs government subsidy to stay afloat (US), that indicate TS solar will move in that direction & become another Mas, Proton or Perwaja in the near future.

youkian2

332 posts

Posted by youkian2 > 2017-02-19 07:05 | Report Abuse

Good news also cannot accept. A case of sour grape.

youkian2

332 posts

Posted by youkian2 > 2017-02-19 07:32 | Report Abuse

If monday ts up, all kinds of positive comments will appear

Yipman

391 posts

Posted by Yipman > 2017-02-19 11:18 | Report Abuse

stop production and no business also categorized as good news. Hmm... u r really optimistic.
anyway, no doubt Tekseng is still making little profits from pvc segment but it's not enough to drive the price up.

air01557

2,511 posts

Posted by air01557 > 2017-02-19 11:42 | Report Abuse

I agree with you youkian2 - if its up on Monday Yipman will disappear

youkian2

332 posts

Posted by youkian2 > 2017-02-19 11:58 | Report Abuse

Stop ptoduction in loss making sector is better than comtinue bleeding. this bad news is already discounted. Otherwise, ts won't be trading at 0.80. It will be trading at 1.40.

youkian2

332 posts

Posted by youkian2 > 2017-02-19 12:01 | Report Abuse

The major shareholders are more concerned than any of us. Remember that. They know and do what is best for the company.

Yipman

391 posts

Posted by Yipman > 2017-02-19 12:26 | Report Abuse

ok. if u guys not happy with my comments, i will not share my thought. as long as you happy. Cheers friends!

skyrider

486 posts

Posted by skyrider > 2017-02-19 12:49 | Report Abuse

Whatever the reason for the recent price surge, I opine solar prospect is still grim, otherwise why would NSP dumb dumb take back equipments at huge impairment loss?
Furthermore if Taiwan solartech performance is of any guide to TS solar, its poor Jan'17 sale is not very encouraging. http://en.solartech-energy.com/invest/report-mon.aspx
Nevertheless I believe TS solar may make good profit (in the form of compensation) selling equipments back to NSP, that is why the recent price surge.

skyrider

486 posts

Posted by skyrider > 2017-02-19 12:55 | Report Abuse

But that profit by way of compensation is only 1 time gain, after that TS solar still has to face with the grim prospect of low pv price and low sale and low/negative margin, and furthermore without the cushion of "Compensation from a supplier" anymore.

youkian2

332 posts

Posted by youkian2 > 2017-02-19 13:07 | Report Abuse

For that grim prospect, TS has been beaten down to 0.65 before. for now, no further bad news means good news. That is the way forward. And that explains for the price surge last friday. Example; a company that makes a 10 million loss last qtr is in better shape now if it makes say 300000 loss this qtr. this is law of relativity.

youkian2

332 posts

Posted by youkian2 > 2017-02-19 14:24 | Report Abuse

by tomorrow, everything will br clear

Posted by prescott2006 > 2017-02-19 21:30 | Report Abuse

The volume on 7 and 8 Feb is extremely high. Only 2 possibilities: 1. the QR is good, those insiders are collecting; 2: Operator done collecting enough free float from 0.65, now all the way pump up. Personally, no matter which case is it, I am waiting above RM1.x to sell. This stock is too roller coaster for my appetite.

Posted by Stanley Sim > 2017-02-19 23:10 | Report Abuse

Congrats to all holders !
Do take a look at this article which I wrote on 8th February about Tekseng !
https://klse.i3investor.com/blogs/stanleysim/115416.jsp

Goodluck and Happy Trading ! :)

Posted by Stanley Sim > 2017-02-20 00:32 | Report Abuse

-
Quality = Results.
Results = Quality.

I hope this makes sense, and I did take note of your comments on that Tekseng Article. Tq for your insights and feedback.

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