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

analysis

54 posts

Posted by analysis > 2017-04-19 18:13 | Report Abuse

Wait for a momentum wave

lachai2004

589 posts

Posted by lachai2004 > 2017-04-19 18:42 | Report Abuse

This counter the low is getting lower due likely to the industry that the company ventured .

nkk53

1,426 posts

Posted by nkk53 > 2017-04-20 10:23 | Report Abuse

tipu counter.Exit already

safewinner

746 posts

Posted by safewinner > 2017-04-20 16:26 | Report Abuse

surrender all out

Armageddon

257 posts

Posted by Armageddon > 2017-04-21 12:24 | Report Abuse

Look like going to fly soon, buy ticket & enjoy the show :)

Patrick13

1,971 posts

Posted by Patrick13 > 2017-04-21 14:42 | Report Abuse

I just leave it aside first. still making about 30% paper loss as at today. But the management is quite confident FY2017 is about the same as FY2016. So, let's together watch out the show.

Armageddon

257 posts

Posted by Armageddon > 2017-04-21 16:34 | Report Abuse

Slow & steady will win the race soon.

Hunter Cho

289 posts

Posted by Hunter Cho > 2017-04-22 11:51 | Report Abuse

this will be a horror show ... aiyo

Posted by Yong Hao Siow > 2017-04-22 16:41 | Report Abuse

ready rebound

analysis

54 posts

Posted by analysis > 2017-04-22 22:42 | Report Abuse

My tp rm0.96

Eric Fong

1,196 posts

Posted by Eric Fong > 2017-04-22 22:53 | Report Abuse

Hi yes my target price is RM1

Posted by Musangfoxk1ng > 2017-04-22 23:54 | Report Abuse

vivo bro, u bought at 0.63 but you said it will down to 0.5. Which one should I follow?? I need free starbucks!!

PenguinDad

1,729 posts

Posted by PenguinDad > 2017-04-25 13:17 | Report Abuse

Musangfaxk1ng, do your own homework and don't follow any tip. Tekseng as be consolidated for sometime and see next qtr result.

Posted by shortinvestor77 > 2017-04-26 17:09 | Report Abuse

No worry lah. Be happy lah.

Armageddon

257 posts

Posted by Armageddon > 2017-04-27 09:46 | Report Abuse

Don't miss the boat ride. :)

gusheng

624 posts

Posted by gusheng > 2017-04-27 10:57 | Report Abuse

seem @Armagedon is confidence on this counter. have some infor to share for the coming quarter result?

Armageddon

257 posts

Posted by Armageddon > 2017-04-27 11:58 | Report Abuse

Bro Gusheng, just buy the current price now, at end of the day you will light at the end of the tunnel. Good trading. :)

gusheng

624 posts

Posted by gusheng > 2017-04-27 12:00 | Report Abuse

Bro Armageddon, hope u r right and the day will come soon.

Posted by Cathrey Lim > 2017-04-27 12:39 | Report Abuse

@Armageddon seem you very confident on this counter

PenguinDad

1,729 posts

Posted by PenguinDad > 2017-04-27 13:27 | Report Abuse

This counter will consolidate for some more times before any uptrend but also can't be further downtrend.

Octopus

549 posts

Posted by Octopus > 2017-04-27 14:55 | Report Abuse

... armageddon ur name apply to this counter sure gg...

Patrick13

1,971 posts

Posted by Patrick13 > 2017-04-27 15:25 | Report Abuse

Just read the TS Annual Report 2016, noticed that last Q already recognised RM11 million for inventories written down, that's why last Q reported loss. I believe 1Q17 at least can see some profit.

Posted by shortinvestor77 > 2017-04-27 17:35 | Report Abuse

The Group’s borrowings decreased by 44.1% from RM104.43
million in previous financial year to RM58.3 million due to the
lesser utilisation of banking facilities. We managed to reduce
our term loan and is looking to fully repay it in financial year ending 2017 (“FYE 2017”).

Posted by shortinvestor77 > 2017-04-27 17:38 | Report Abuse

As we have recorded our best performance by year for FYE 2016,
we are now looking forward to FYE 2017 with our target remains
optimistic. We believe that the more secured and stable market
conditions and also the stability of crude oil price are able to provide better business environment.
However, the main challenge is the rising USD against the Ringgit
Malaysia. This proves to be a challenge as it is tough for businesses
to maintain costing and thus, prices tend to fluctuate. We remain
neutral but optimistic in our PVC and Solar segments. With better
and improved cost-effectiveness mechanism, we believe we
can achieve our 16th consecutive profitable financial year.

gusheng

624 posts

Posted by gusheng > 2017-04-27 17:42 | Report Abuse

thanks @shortinvestor77, more infor to share?

Posted by shortinvestor77 > 2017-04-27 17:53 | Report Abuse

Most welcome.

analysis

54 posts

Posted by analysis > 2017-04-28 09:16 | Report Abuse

i already read the annual report,net cash from financing activity largely higher compare to 2015,asset increase higher than 2015,this company really good...get better performance in 2016 than 2015

luckypick

40 posts

Posted by luckypick > 2017-04-28 10:01 | Report Abuse

coldeye is on buying spree....will he add more tekseng-wa?

gusheng

624 posts

Posted by gusheng > 2017-04-28 10:21 | Report Abuse

@luckypick, how do you know coldeye is buying?

imnewbie

162 posts

Posted by imnewbie > 2017-04-28 12:17 | Report Abuse

frm AR 2016, no more cold eye name...

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-29 17:39 | Report Abuse

the director is a crook, close the factory in bworth a few months ago and didn't pay many workers their salary

Posted by Your name Your email > 2017-05-01 20:14 | Report Abuse

@gusheng: try search FONG SILING (cold eye) on AR2015..(tip: 105 pg)

gusheng

624 posts

Posted by gusheng > 2017-05-03 09:28 | Report Abuse

@Your name Your email , anyone got infor to share bout the coming quarter result?

Armageddon

257 posts

Posted by Armageddon > 2017-05-03 11:19 | Report Abuse

Anyone know when the quarter result will be out?

gusheng

624 posts

Posted by gusheng > 2017-05-04 09:54 | Report Abuse

still waiting to buy below 0.60

Patrick13

1,971 posts

Posted by Patrick13 > 2017-05-04 12:01 | Report Abuse

Although I no planning to throw this counter yet. But just to remind ppl dun enter this counter first. 1Q17 result might still bad, it is very difficult to reach last year 1Q16 EPS of 5.36 sen. Hence have high chance to drop below 0.60.

gusheng

624 posts

Posted by gusheng > 2017-05-04 12:20 | Report Abuse

@thanks Patrick13, what is your cut loss price? or you just keep until it rebound in one day?

Patrick13

1,971 posts

Posted by Patrick13 > 2017-05-04 13:46 | Report Abuse

Hi Gusheng, honestly I din set cut loss price. I will wait & see another 1-2 qtr result first only decide.

gusheng

624 posts

Posted by gusheng > 2017-05-04 17:01 | Report Abuse

Thanks @Patrick13 for the sharing. looking at the Solartech report. The revenue on the 1Q is bad. Tek Seng share 50% of the result means that the solar segment wont be good in this Q1.

Posted by Your name Your email > 2017-05-05 08:47 | Report Abuse

if drop below 0.60, then i sure kao kao buy until my name appear in 30 largest shareholder AR 2017...

gusheng

624 posts

Posted by gusheng > 2017-05-05 11:50 | Report Abuse

wah @Your name Your email, u sure? what price are you going to top up ? Wait below 0.60 also?? u make me recall a guy @wahaha previously.

Hunter Cho

289 posts

Posted by Hunter Cho > 2017-05-05 20:51 | Report Abuse

ok slowly good, wait for the qtr

Posted by Your name Your email > 2017-05-06 09:52 | Report Abuse

@gusheng, actually below 0.65 is the buy signal according to AR 2016 result (fair value: 0.74 - 0.76. around 15% capital gain). But for me, i want to wait until 1Q2017 result come out 1st. If 1Q2017 don't declare any dividend, profit is +ve and the price below 0.6, then i will kao kao buy ....

M16s

296 posts

Posted by M16s > 2017-05-07 19:36 | Report Abuse

Profit is positive? I worried it solar segment will suffer loss again. Look at the Solartech result, it is really bad 1Q. If that case, it will straight jump to 0.5 +

gusheng

624 posts

Posted by gusheng > 2017-05-08 10:15 | Report Abuse

Despite the sharp fall in Tek Seng’s share price, fund managers and analysts contacted by The Edge ­believe the timing is not quite right to ­accumulate its shares as its earnings performance remains weak.

They do not see any near-term catalysts until global energy policies become more positive and earnings stabilise.

“It is a cyclical industry [solar panels]. Although it may not prolong loss [in 4QFY2016], I expect the group to register a weak quarter in 1QFY2017 due to the poor solar cell selling price,” an analyst says, adding that the group’s earnings in FY2017 will largely depend on the PVC segment.

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