I assume analysts and big players due to the fact that they see annual company financial performances year on year and TS improving fundamentals YEAR on YEAR in TOTAL. They could extrapolate that year on year performance keeps improving, hence buying the shares at a low price for total future quarters. However, small players see the small picture and will sell their shares low and cheaply to the big players who see the bigger picture!
Bad time company lay off very common,Add 0.75 finger burned,QR bad,other counter wins cover TS losses,just monitor "wayang" free ticket,be happy TS shareholder (not speculator or gambler)
Why blame others for your losses? This is why investors dont learn. Keep blaming blame blame. You are the investor and u had a choice. U made the loss, not anyone else. Sad case.
Yipman i also looking good this company as can see from its previous years record. This time really will make big loss if cut.... but if hold i dont think will go back to 76sen in short term. What a bad management from TS..
We can see the drastic drop of non current asset, i guess NSP oledi shifted out their solar plant. So, NO plant=NO growth for this current moment. I dont c any improvement in next Q oso.
We refer to the above article that appeared in The Edge Financial Daily on 31 October 2016 with particular reference to the following paragraph reproduced as follows:
“Having said that, he shared that Tek Seng is set to close a RM40 million deal soon with clients from China and Taiwan, which explains why Tek Seng, which is in the midst of expanding its production capacity, is not slowing down.”
We wish to inform that our Executive Chairman, Mr. Loh Kok Beng did not shared with the press about Tek Seng is to close a RM40.0 million deal soon with clients from China or Taiwan.
Nevertheless, our Executive Chairman had mentioned about the solar division business is not slowing down. TS Solartech, its 50.69% subsidiary is expected to ramp up its production capacity based on the volume loadings from existing customers in China and Taiwan.
Posted by manji > Feb 25, 2017 01:11 AM | Report Abuse
my condolences for whoever still holding this share :(
CALVIN AGREES!
Hi Guys,
On October 5th 2016 Calvin warned about SELLING TEKSENG At Over Rm1.00. And wahaha the No. 1 Sorchai in Tekseng tread opposed me to his detriment!
IF ONLY YOU GUYS HAVE LISTENED. YOU WOULD HAVE ESCAPED SUCH CARNAGE, HEART BREAK & DISAPPOINTMENT
See
Posted by calvintaneng > Oct 5, 2016 10:36 AM | Report Abuse X
Already warn & warn you guys to run from TekSeng
TekSeng was only 40 cts last year when Emily Mah Phooi Lai talked about it. At that time few bothered. Now many have unknowingly boarded this hot air balloon being carried to holland.
calvintaneng Calvin warns wahaha,
Cheap is a dangerous relative word for a balloon stock whose fundamental is suspect.
It might still fall below rm1.00.
And later crash all the way back to 50 cts.
So be careful of buying into falling knives. 28/09/2016 16:12
calvintaneng wahaha,
1. Whole world in recessionary trend. So sales will contract. Tekseng already retrenching staff.
2. Hanjing shipping collapse shows less shipping demand for goods.
3. Tekseng was pumped up due to solar hype. Now in overproduction everywhere.
4. So how can such lofty prices be sustained?
It was Pumped up like flying balloon. Fly up the sky today. So it must descend again.
Do You GET it? 28/09/2016 16:24
calvintaneng Better sell all Tekseng shares before it breaks Rm1.00 barrier.
Once broken again you may not see Tekseng above Rm1.00 for a long long time again.
So get out and get out Fast!
Then?
THEN GO AND BUY SOME BPURI SHARES WHILE STILL CHEAP!! 30/09/2016 08:47
See how sorchai wahaha replied
Posted by wahahaha > Oct 5, 2016 11:12 AM | Report Abuse
calvin, i suggest u to buy now instead to talking it down so u can grab cheap. good deals don't come by often otherwise u won't even bother to comment so much here.
Posted by wahahaha > Oct 5, 2016 11:19 AM | Report Abuse
this company is not a gimmick one. u can check back its years of history how the directors/management bringing the company to continuous growth to date. the selldown was due to a retrenchment of 200+ workers and sending its price down 20%+ so for value investor, this is an opportunity to grab cheap than its previous market price. i don regret to grab more at such price.
Posted by calvintaneng > Oct 5, 2016 11:21 AM | Report Abuse X
Posted by wahahaha > Oct 5, 2016 11:12 AM | Report Abuse
calvin, i suggest u to buy now instead to talking it down so u can grab cheap. good deals don't come by often otherwise u won't even bother to comment so much here.
Wahaha,
I think you better go study "IFCA" thread carefully. The pattern of goreng up is similar. As TSeng has Taiwan owners I think they might just fold up and leave you stranded later. Last time Taiwan owners just disappeared from a Malaysian listed company without a trace!
Posted by wahahaha > Oct 5, 2016 11:26 AM | Report Abuse
calvin, u cannot relate another example to TS because their business nature and the terms of venture are varying. Does not matter to me, i'm only a value investor and i like TS's solar business so i invest into it. Any lower price, i will buy in rounds. Time will show whether u are right/wrong.
Posted by calvintaneng > Oct 5, 2016 11:30 AM | Report Abuse X
Posted by wahahaha > Oct 5, 2016 11:26 AM | Report Abuse
calvin, u cannot relate another example to TS because their business nature and the terms of venture are varying. Does not matter to me, i'm only a value investor and i like TS's solar business so i invest into it. Any lower price, i will buy in rounds. Time will show whether u are right/wrong.
Because their business nature is different?
This is the most expensive notion to entertain.
How many in IFCA thought the same because of GST?
Why people you solar heater?
To save money on electricity. But since Crude Oil has fallen so low the necessity for alternate energy has eroded.
And with massive overproduction coupled with weak sales TSeng is facing a triple whammy.
Posted by wahahaha > Oct 5, 2016 11:50 AM | Report Abuse
calvin, let me ask u one simple question before i continue debate with u. Do u own any TS shares as of now?
Posted by calvintaneng > Oct 5, 2016 11:51 AM | Report Abuse X
Posted by wahahaha > Oct 5, 2016 11:50 AM | Report Abuse
calvin, let me ask u one simple question before i continue debate with u. Do u own any TS shares as of now?
No. Do you think I go up in hot air balloon?
Posted by wahahaha > Oct 5, 2016 12:21 PM | Report Abuse
think yourself and if u feel that u don't have adequate knowledge, go learn from better individuals and read research. Don't be scared off by naysayers. You encountered obstacles, find out the opportunities and not afraid of it otherwise u won't make a difference in your life and more importantly your investment/business.
Posted by calvintaneng > Oct 5, 2016 12:27 PM | Report Abuse X
Posted by wahahaha > Oct 5, 2016 11:55 AM | Report Abuse
hahahahaha u hav no TS shares but talking it down for wat? even u hav TS shares also u won't tell or u might buy because obviously with ur strong debateable participation here it shows that TS has garnered your interest.
Calvin answers:
I look at i3 Forumers as friends. As such my heart is overflowing with careand concern here.
When I SEE danger I will give warning.
SEE
In Sumatech, VSolar & IFCA Forums. How many have escaped the carnage from total loss & bankruptcy due to my timely warning?
So I hope both Wahaha & others will be saved from further losses.
Sorry for all obstinate people who didn't take heed.
In the roll call of fallen comrades in RIP are many
NancyTang, Crischan Cyborg, Russian' Orionpacific, Mikekong55 Newman, hepitrade, regain choco ship floundered See AlphaTrader, anbz sangjero jcool, butter_will_fly Tessa Joseph bb55 osw888 1million zu1967 ronaldo96 psd57 (this fella phoned me in Spore not to kacau Mikekong55) swingtrader (swingtrader was swinging and swinging until no more) sunshine96 (no more shining) Bilis Bilis (this one swallowed by shark) duit (this one stopped after posting over 20,000 times) hiddengem, murali (kooned by kyy till finished) fortunebullz
Posted by wahahaha > Oct 5, 2016 02:41 PM | Report Abuse
kiasu will always be that. typical. all of u don hav to buy. i'm the ONLY ONE mopping up.
Posted by wahahaha > Oct 5, 2016 03:26 PM | Report Abuse
hahahahaha i'm waiting for your so-called price fall. sell yours if u not confident anymore. i'm sure your shares will end up in my account
Posted by traderman > Oct 5, 2016 03:48 PM | Report Abuse
wahahaha, congrats, you keep collect this falling knife from 1.1
i believe your paper loss must be roll to a bigger amount now...
cheers ...
continue collect ... see you at 90 cent.
Posted by Recklesscy > Oct 5, 2016 03:50 PM | Report Abuse
free fall in motion
Posted by wahahaha > Oct 5, 2016 03:55 PM | Report Abuse
hahhahhaa where are the knives? i see rain over drought only. any lower i'm happier!
Posted by wahahaha > Oct 5, 2016 04:02 PM | Report Abuse
desperate sellers........
Posted by wahahaha > Oct 5, 2016 04:14 PM | Report Abuse
gusheng, i hav funds to buy. pity those panic contra sellers
Posted by traderman > Oct 5, 2016 04:16 PM | Report Abuse
hahaha loss money till mad already ...
should be bottom at 70 cent.
Posted by wahahaha > Oct 5, 2016 04:29 PM | Report Abuse
hahahahaha traderman, if u can make it happen as u said then i am ready with my funds anytime.
Posted by gusheng > Oct 5, 2016 05:18 PM | Report Abuse
aiya, wahahaha also not scared, u guys so worry for him for what
Posted by traderman > Oct 5, 2016 06:13 PM | Report Abuse
of course he will be the final winner when tekseng rebound to 1.5 in future as he collected from 1.1 till the targeted bottom price 0.7
Posted by wahahaha > Oct 6, 2016 07:47 AM | Report Abuse
if u know what is upcoming is good news, u will be confident like me hahahahahaha. make less noise and make up your mind to be a winner not loser.
THIS IS THE LAST ENTRY BY WAHAHA ON DEC 1 2016 (Less than 3 months back & not longer posting about Tekseng anymore!)
Blog: 7200 TEKSENG - The Solar Segment Is Bleeding !! Dec 1, 2016 02:32 PM | Report Abuse
technology transfer is done and TS now can manufacture by itself with no problem but it stays on with the JV is on the better prospects. bet with me, TS will be worth more than now in 6 months time! hhahahhaha
1. Tekseng announced a PROFIT for the year ended 2016, and guess what a higher profit that than recorded in 2015. What else do you need?
The quarter's result was negative.... of course I would have wanted it positigve as well, but guess what people go down with fever and cold every now and then. Where there is a restructuring naturally there will be some write-downs, impairments etc..... again nothing to cry about. If any, I think its a good time for management to do some buy backs and existing shareholders to accumulate further. Solar still has some time to mature as serious profit generator.
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....
netnexus
10 posts
Posted by netnexus > 2017-02-24 19:38 | Report Abuse
I assume analysts and big players due to the fact that they see annual company financial performances year on year and TS improving fundamentals YEAR on YEAR in TOTAL. They could extrapolate that year on year performance keeps improving, hence buying the shares at a low price for total future quarters. However, small players see the small picture and will sell their shares low and cheaply to the big players who see the bigger picture!