Posted by Stanley Sim > 2017-02-20 07:53 | Report Abuse

Tekseng had a nice bullish consolidation pattern the last week. I did a followup on this stock and gave away strategies to trade this counter during that tight range. Unfortunately, it was only in my full writeup. Nevertherless, This stock is looking good to rally past the 80sen level this week. I did take note of readers concern on writing when the price is slightly high. Therefore, to address those concerns, I did a writeup on ARMADA on the 10th Feb before any rally on ARMADA when the stock was still trading at RM 0.62sen. The price of Armada closed at RM 0.725 last Friday. For reference on this article, kindly click the link below

http://klse.i3investor.com/blogs/stanleysim/115517.jsp

Goodluck and have a great trading week ahead !

Posted by greenpeace > 2017-02-20 09:14 | Report Abuse

TS Solartech S/B is not a direct subsidiary of Taiwan's listed Solartech but a JV company with Tekseng so the taiwanese Solartech's revenues as published in their website do not reflect the sales/revenues of the JV company directly. Just keep an eye on the coming result most likely this week.

Other divisions of Tekseng should post steady & positive results but watch out for it's solar division.

Posted by greenpeace > 2017-02-20 09:21 | Report Abuse

The recent price surge starting from 06-Feb could possibly insider-related buying. It could be due to the reason that insider know the coming result is good. I'm just speculating but the strong volumes ranging between 07-10 Feb & with price still steady is suggesting to me that the coming result could be good hence the strong take-up rate of the shares.

Posted by greenpeace > 2017-02-20 09:26 | Report Abuse

Remember the retrenchment of the contract workers last year in september where the "internal memo" about the retrenchment was leaked out earlier & caused the drop in share price? Sometimes such dodgy leak of information can also be useful when those insiders working in the company could possibly know the coming result is good or better hence driving up the share price. Whatever that is, u should plan your trade well for the coming result this week.

Posted by gusheng > 2017-02-20 09:29 | Report Abuse

Today GREEN or RED???

Posted by air01557 > 2017-02-20 10:29 | Report Abuse

today some profit taking will take place - then it should move up.

Posted by Sparta900 > 2017-02-20 10:53 | Report Abuse

This is finished! Bad result coming....SELL

Posted by netnexus > 2017-02-20 11:06 | Report Abuse

Paranoid people sell, optimistic people buy. Optimism over paranoia = UP

Posted by youkian2 > 2017-02-20 11:08 | Report Abuse

the announcement by NSP last week is neutral on TS

Posted by gusheng > 2017-02-20 11:10 | Report Abuse

wow...@Stanley Sim gave so high TP, so dare ! but hopefully u r rite.

Posted by hisehatu > 2017-02-20 11:19 | Report Abuse

profit taking activity. should pull down to 0.77 before continue rally.

Posted by youkian2 > 2017-02-20 11:26 | Report Abuse

i think the sellers are withdrawing anytime now

Posted by gusheng > 2017-02-20 11:33 | Report Abuse

downtrend . no more support already.

Posted by adamant > 2017-02-20 11:34 | Report Abuse

relax... let it slowly slowly move. U want it to be like rex? Move 20 cents then drop 21 cents on the same day?

Posted by BRITISHEMPIRE > 2017-02-20 11:46 | Report Abuse

Unless the people shouting sell sell can foresee the future I would suggest everyone ignores all sell calls and invests for the long term like I have.

Posted by youkian2 > 2017-02-20 11:57 | Report Abuse

for today, TS is stuck at 0.79 to 0.795. better not to waste time watching. wait for evening or tomorrow.

Posted by gusheng > 2017-02-20 15:17 | Report Abuse

775 lol

Posted by CUTLOST > 2017-02-20 16:34 | Report Abuse

60cts in the making..New Qtr got trouble

Posted by value_trading > 2017-02-20 16:45 | Report Abuse

when tekseng delay the quarter result announcement, it means problems arise soon.
This make me remember of Gadang, the delay annoucement give shareholder a bit more time to sell their stock

Posted by gusheng > 2017-02-20 17:04 | Report Abuse

Agreed. the later they release their result. The more dangerous is. Good Luck guys.

Posted by vivoviva > 2017-02-20 17:34 | Report Abuse

dont sell. hold more. will go up those people say. hahaha

Posted by vivoviva > 2017-02-20 17:36 | Report Abuse

DEFINITELY A LOSS QTR. TOLD U ALL. BUT U GUYS WANT TO BUY AND KEEP HOLDING. GOOD LUCK

Posted by gusheng > 2017-02-20 17:48 | Report Abuse

@vivoviva , is holding the result, Should listen to him.

Posted by vivoviva > 2017-02-20 19:15 | Report Abuse

Stanley Sim, better take down what u posted. if not u will make urself a clown once QR out. hahahaha

Posted by richduck > 2017-02-20 21:33 | Report Abuse

i do believe it will go up though

Posted by densim > 2017-02-20 23:23 | Report Abuse

It should be a good results....last Qtr the revenue was low bec of delivery being postphone to the following Qtr...

Posted by vivoviva > 2017-02-21 09:33 | Report Abuse

good. please pray to quanyinma. once QR out all u guys change ID. ahahah

Posted by ruffer > 2017-02-21 09:48 | Report Abuse

Result should not be better than Q3 coz when the retrenchment excercise took place the results will be on Q4. Let's see. No high hope on it.

Posted by gusheng > 2017-02-21 09:51 | Report Abuse

is ok. No worry @Stanley Sim who is the award winner gave a high TP on Tek Seng @0.93 and @1.15

Posted by titus > 2017-02-21 10:33 | Report Abuse

I do hope TS will do well. Have cut loss when it drop from the peak. re-enter at 90+ and sold with 10% profit. Re-enter again at 70+ and sold with 10% profit as well. Recover all the losses in TS with small gain. ^_^ So now waiting for TS to weaken abit before reentering...

Posted by nkk53 > 2017-02-21 10:46 | Report Abuse

bought0.765

Posted by makalingkong > 2017-02-21 10:53 | Report Abuse

When they going to release the QR?

Posted by chiodos > 2017-02-21 10:56 | Report Abuse

my cl is 70.. the current price is just an adjustment

Posted by ezobear > 2017-02-21 11:00 | Report Abuse

https://www.bloomberg.com/news/articles/2016-12-30/solar-panels-now-so-cheap-manufacturers-probably-selling-at-loss

better don't release the QR else you will be crying .... look carefully on the price slump from Nov to Dec 2016 ... chun chun the accounting period for the last quarter ..

Posted by BRITISHEMPIRE > 2017-02-21 11:51 | Report Abuse

This blog is full of fortune tellers and half will be wrong ! No facts just guesses what a waste of time.

Posted by Mohd Fahmi Bin Jaes > 2017-02-21 12:10 | Report Abuse

trade

Posted by Seabass > 2017-02-21 13:26 | Report Abuse

BritishEmpire, so far I have been right

I said that do not buy until the price crosses 8.00 and heading towards 8.50

That is to say, do not buy unless there is confirmation of reversal from the downward trend

Posted by makalingkong > 2017-02-21 13:31 | Report Abuse

When everyone are negative, stock will react differently.

Posted by GM68 > 2017-02-21 13:32 | Report Abuse

well i thing teh reversal is just started, teh share hobble between 0.765 & 0.805 and back to 0.765 !! to me it is an indication that a storm is building up and sooner or later once teh QR is issued TS will cross 0.85..

Posted by makalingkong > 2017-02-21 13:36 | Report Abuse

Ya, 0.765 is the strong support. Let pray, tekseng will close above this support line today.

Posted by GM68 > 2017-02-21 13:42 | Report Abuse

ThisKUALA LUMPUR: The Energy Commission is conducting a second competitive bidding process for companies to build large scale solar (LSS) photovoltaic (PV) plants in Peninsular Malaysia and Sabah/ Labuan.

It announced on Tuesday the plants will be connected to the grid and sell their energy to Tenaga Nasional Bhd (TNB) or the Sabah Electricity Board (SESB) under a solar power purchase agreement.

“The LSS capacity to be tendered will be from one to 30 megawatt (MWac) with a target aggregate capacity of 360MWac in Peninsular Malaysia and 100MWac in Sabah/Labuan, which is expected to be commissioned by in 2019 to 2020,” it said.

The EC will also announce the injection points for the connections to the grid.
Read more at http://www.thestar.com.my/business/business-news/2017/02/21/energy-commission-seeks-bids-to-build-large-scale-solar-pv-plants/#I2ovEYD4UfyVKvzH.99 could be the new project for TekSeng;

Posted by GM68 > 2017-02-21 13:43 | Report Abuse

good news for solar pannel producers ..

Posted by air01557 > 2017-02-21 13:51 | Report Abuse

This is boost for Tek Seng - no wonder it has started moving up. Several listed construction companies are already bidding for constructing LSS PV plants.

Posted by chiodos > 2017-02-21 14:42 | Report Abuse

the stock is building up. yezzaa

Posted by air01557 > 2017-02-21 15:08 | Report Abuse

not half - 95% will be wrong

Posted by vivoviva > 2017-02-21 15:09 | Report Abuse

continue to dream on ya guys. QR is a loss. i have it on hand. If dont sell fast, will burn deep. huhuhu

Posted by air01557 > 2017-02-21 15:13 | Report Abuse

My guess is that vivoviva has lost heavily in this counter - sour grapes

Posted by chiodos > 2017-02-21 15:15 | Report Abuse

vivoviva relax dude.. thanks for being a whitleblower

Posted by vivoviva > 2017-02-21 15:17 | Report Abuse

air01557, we will see okay. dont worry. thank me later. dont change ur ID and stab urself at the back. lol

Posted by air01557 > 2017-02-21 15:43 | Report Abuse

vivo just because you lost heavily on this stock you dont have to be so dramatic. You should act in Dramas.