For real tho, their quarter result shows to be positive. Second QR might be hit by MCO. But right now they're supposed to run at full capacity. So how is esceram that didn't do well can keep raising while TekSeng with actual fundamental couldn't. Market sentiment is really illogical sometimes.
Don’t worry, this is a very good and profitable covid related company. If you see other similar counters, already spike and limit up several times . Big players is pushing up and down to collect from those small unsustainable players. Once it up, you can’t get back this price. Next week show might begin! Hold tight!
Let me do some summary about TS propect in near term: 1. Addtional 20 million spend for PP non-woven expansion in coming future. So, are the company growing? 2. 1st August conpulsary to wear mask at public area. Do u think company can benefit from it ? 3. Operation No more affected by MCO in 3rd Quarter,Revenue will higher compared to 2nd Quarter? 4. Potential dividend proposed in 3rd Quarter as TS is continuosly making profit, will it stimulate the share price? 5. More and more PLC start to invloving in producing fask mask, will they need more material to produce? 6. Vaccine still need some time to produce, virus seem not yet slow down. Face mask or surgical gown still have demand? 7. Compare to notion, HLT , TS price is still high in the sky?
Then do you think, coming TS prospect is good or not? Keep the answer for yourself.
Some china company made low quality face mask, some countries are looking better face mask, some prefer Malaysia product even price reduce to rm 1.2 but I don't see this will affect the business revenue.
@M16s, very informative questions of summary, can you share your answer for those question and your opinion is important to let new in this to study and digest, thanks in advance
@gick891214.....I believe Malaysia not affected much now unless spike up again on 2nd wave but more on Oversea but TS focus more on domestic market for PP Non W based on his interview unless they are starting market oversea.
There has more mask manufacturer if compare at beginner stage. They need material to produce the masks. We have new competitor to TS which is UPA. Ocean cash is not material to medical but to Automotive. I believe people will discover hidden gem to TS soon. Higher cash reserve and profit is increase by QoQ.
Thanks gick891214. Q3 definitely will be good since they had interview by the edge had mention PP Non W 200% price increase for June to Aug, (Apr n May is 300% increase ), by putting 20M new investment is good provided price is maintain but I believe the management are very experiences in this field and know the return n risk.
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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....
Underhand
653 posts
Posted by Underhand > 2020-08-07 07:58 | Report Abuse
It's a pity to know that people and country leaders are taking this Covid-19 too lightly.