Posted by Patrick13 > 2017-06-09 11:52 | Report Abuse

Last year the highest ASP is USD38 sen/watt, and now the market rate is between 20 to 25 sen/watt. I estimate TS solar product cost is about USD30 sen/watt.

Posted by wait_then_win > 2017-06-09 12:08 | Report Abuse

new low again. yeah. grab more when it reach 0.50

Posted by wait_then_win > 2017-06-09 12:20 | Report Abuse

HI Patrick13 , i have feeling 2nd Quarter's result will better than 1st Quarter. Thats why the price in August will higher than the current price. BUY!

Posted by Patrick13 > 2017-06-09 13:16 | Report Abuse

Hi wait_then_win, buy is just a matter of timing, i will wait and see 2nd quarter result first then only decide.

Posted by wait_then_win > 2017-06-09 14:56 | Report Abuse

i afraid it will start to goreng up if the result is good before it be released.

Posted by Patrick13 > 2017-06-09 15:31 | Report Abuse

Bursa QR comparison is this quarter vs same quarter last year, not this quarter vs immediate previous quarter. Do you think Q2FY17 result will be better than Q2FY16?

Posted by wait_then_win > 2017-06-09 15:47 | Report Abuse

Thanks Patrick. of cos i need to compare the preceding quarter also. There is no point to compare only the same quarter last year which the price is above RM1.0. As long as the solar has improvemet and the bottom line is positive. Then the price will adjusted and will higher than current price. Perhaps up to RM0.70 who know.

Posted by Patrick13 > 2017-06-10 12:41 | Report Abuse

http://www.theborneopost.com/2017/06/10/investors-increasingly-hot-on-solar-projects-in-southeast-asia/

Posted by Octopus > 2017-06-14 15:17 | Report Abuse

0.545 is support.. for long term it will go below 0.545.. bullish sign detect little.. need monitor closely

Posted by Patrick13 > 2017-06-14 15:30 | Report Abuse

I have sent my queries to TS and one director, Loh Eng Chun replied as below:

Q. Understand that current market solar selling price still low, would like to know how you re-allocate cost structure to cut cost?
A. We do always operating on cost-efficient scale and we are always seeking ways to be more efficient. The world market now is having a low demand thus suppressing the selling price. We are now looking at producing higher efficiency solar products by utilizing our resources.

Q. Meanwhile, any plan to further boost revenue stream for the rest of FY2017?
A. Yes we are now in the planning stage to finalise a few items for us to have additional ways to improve our financial earnings.

Q. based on published 1QF72017 result, does the Group still stick with dividend policy with minimum 30% payout?
A. Tek Seng is still a company which promises dividend payout, however it is not the end of the financial yet. For the 1st quarter, there will not be a dividend payout.

Posted by Octopus > 2017-06-14 15:41 | Report Abuse

either tekseng and remove listed in oversold condition or else, watch tomorrow..

Posted by Jonathan Keung > 2017-06-15 11:33 | Report Abuse

at least their Board responded to public shareholders query. Major shareholders also hurt by the drastic drop inTS price

Posted by nkk53 > 2017-06-18 12:53 | Report Abuse

Forget solar and concentrate on core profit making plastic business

Posted by wait_then_win > 2017-06-19 11:02 | Report Abuse

c urself

http://www.thestar.com.my/metro/smebiz/focus/2017/06/19/a-growing-solar-industry/

Posted by Patrick13 > 2017-06-20 21:16 | Report Abuse

definitely solar energy is great of potential in the future. But looking the TS position, they have sufficient machine capacity, but does it correctly match with the market demand? Although TS is at the right business direction currently, but I think they also need to assess again what the market wants now. The solar energy provider is not only TS.

Posted by kon16866 > 2017-06-20 21:32 | Report Abuse

Heard TS is not competitive in terms of solar. Rresult company not making profit. Bought @0.795 & cut loss @ 0.67. Very disappointed.

Posted by wait_then_win > 2017-06-21 09:48 | Report Abuse

@kon16866, plan to buy again? i think almost at the bottom already.

Posted by kon16866 > 2017-06-22 11:47 | Report Abuse

@wait_then_win, thx. Many good counter @ discount price. Selamat Hari Raya.

Posted by titus > 2017-06-23 09:44 | Report Abuse

solar panel industry has become a tech industry like PC and mobile phone. It is constantly evolving to become smaller, lighter, more efficient, more energy produces with smaller size and less heat. Hence, if a company has the company has solar manufacturing capability but is not producing panel at its maximum capacity, it will eventually lose out. There will not able to recover the ROI. When newer solar product introduces, the older product will need to be sold as grade 2 product and at a discount.

Posted by wait_then_win > 2017-06-23 10:12 | Report Abuse

wow, everyday new low. Meas ppl willing to sell at loss. This counter is fantastic.

Posted by wait_then_win > 2017-06-23 10:23 | Report Abuse

waiting 0.50

Posted by ilike > 2017-06-25 06:27 | Report Abuse

http://news.sina.com.tw/article/20170624/22787518.html

Posted by DickyMe > 2017-06-26 15:10 | Report Abuse

It rose because Trump proposed for a solar wall along the border with Mexico. But Trump is saying to use made in America products. How it will benefit China?

Posted by Patrick13 > 2017-06-27 15:44 | Report Abuse

https://klse.i3investor.com/blogs/kianweiaritcles/126201.jsp

Posted by wait_then_win > 2017-06-28 09:24 | Report Abuse

all the news, doesn't reflect to the share price. Start to disapointed on this counter

Posted by Patrick13 > 2017-06-28 10:23 | Report Abuse

wait_then_win, you are funny! 5 days ago you said fantastic and now disappointed. This counter is not suitable to you la.

Posted by DickyMe > 2017-06-28 15:45 |

Post removed.Why?

Posted by nkk53 > 2017-07-03 16:56 | Report Abuse

Just waiting to dispose this no hope counter

Posted by DickyMe > 2017-07-03 17:12 | Report Abuse

Okay.

Posted by Patrick13 > 2017-07-03 20:28 | Report Abuse

Interesting. Chin Hin to buy 45% stakes in 3 solar power firms. This solar energy industry is going to become more and more intense competition. Wondering TS still able to survive for long-term sustainability.

Posted by Patrick13 > 2017-07-04 07:57 | Report Abuse

http://tc.solartech-energy.com/News/News.aspx?Id=132

Posted by Patrick13 > 2017-07-04 13:08 | Report Abuse

http://en.solartech-energy.com/invest/report-mon.aspx

Posted by Patrick13 > 2017-07-04 13:08 | Report Abuse

Solartech recorded the highest revenue in June over the past 12 months.

Posted by Patrick13 > 2017-07-04 13:10 | Report Abuse

http://tc.solartech-energy.com/News/News.aspx?Id=134

Posted by nkk53 > 2017-07-05 09:18 | Report Abuse

Sold all at a lost.Never touch t s again

Posted by DickyMe > 2017-07-05 10:52 | Report Abuse

Solar energy is here to stay. Future in solar business looks promising. Since most nations are worried about climate change, this looks the best alternative to avoid calamity consequence. Clean and renewable. Ponder over that option.

Posted by danielcctan > 2017-07-05 20:58 | Report Abuse

tekseng coming and accumulating more

Posted by hunterz86 > 2017-07-07 13:41 | Report Abuse

triggered?

Posted by AmstrongKL > 2017-07-11 02:21 | Report Abuse

Totally agree that solar energy has a bright future. But, don't think it belongs to TekSeng. How do you think the big players/businessmen make money, especially in bolehland?

Posted by wait_then_win > 2017-07-11 11:24 | Report Abuse

new low...0.49 soon. must be 2nd Q result no good. insider start to dump.

Posted by Patrick13 > 2017-07-11 17:09 | Report Abuse

Break below 50 sen anytime soon.

Posted by Bullorbear777 > 2017-07-11 22:19 | Report Abuse

When everybody is dumping, you buy
When everyone is buying, you dump

Posted by Patrick13 > 2017-07-12 08:48 | Report Abuse

this is so called 纸上谈兵, good luck ya

Posted by cheeseburger > 2017-07-12 11:53 | Report Abuse

I just heard about a Solar factory in Kulim facing big problem. Pls check this out yourself..

Posted by Bullorbear777 > 2017-07-12 20:53 | Report Abuse

是否纸上谈兵还言之过早

Posted by nich0las > 2017-07-14 20:36 | Report Abuse

hmm....

Posted by YLR33 > 2017-07-14 21:41 | Report Abuse

Solar energy good prospects is for energy producing companies which using solar panels because its getting cheaper and cheaper, therefore its bad for solar cells panel manufacturers like TS actually, wanna invest in an industry, need to differentiate every segment of the industry, my 2c

Posted by nich0las > 2017-07-15 14:22 | Report Abuse

is Tekseng produce battery(solar needed) too?

Posted by Ahboy1 > 2017-07-15 15:08 | Report Abuse

not sure to cut lost or just hang on...

Posted by DickyMe > 2017-07-17 10:23 | Report Abuse

"Ahboy1 not sure to cut lost or just hang on...
15/07/2017 15:08 "

Seems like you are influenced by the crowd. Why did you buy this stock in the beginning? What changed? Why? What is your next move? Imagine you are the owner of this company, what would you do to boost stakeholders confidence? If all fails to satisfy, dump it!