Posted by Flyinghorse > 2020-08-21 09:12 | Report Abuse

Red again? Lol. Need viagra

Posted by secretinvestor8888 > 2020-08-21 09:13 | Report Abuse

see? sell while you still can

Posted by Flyinghorse > 2020-08-21 09:17 | Report Abuse

No sell. I believe in Tekseng. Where to find such company with value less than 1.00. Will hold.

Posted by Stockwiser > 2020-08-21 09:22 | Report Abuse

TS commander, TS soldier are trying to fighting back bravely in the war zone togather with the glove counter alliance. May the force with them. Haha

Posted by Stockwiser > 2020-08-21 09:25 | Report Abuse

Flyinghorse, pls bring the soldiers r fly higher and attack!!

Posted by Stockwiser > 2020-08-21 09:34 | Report Abuse

Underhand, pls use ur super power to drag the enemies under the ground!!

Posted by Stockwiser > 2020-08-21 10:05 | Report Abuse

@BursaFly, no no, we received information saying that by month end it will fly to RM2. Buy before too late.

Posted by BursaFly > 2020-08-21 10:09 | Report Abuse

@Silentreader88, Tekseng price movement will tell you the truth, no worry yeah

Posted by Flyinghorse > 2020-08-21 11:05 | Report Abuse

No worries guy. Now green leo.

Posted by Flyinghorse > 2020-08-21 12:08 | Report Abuse

Still needs viagra. Anyone?

Posted by SwingTrading > 2020-08-21 12:17 | Report Abuse

Only retailer sell their share only as i saw just now.

Posted by Stockwiser > 2020-08-21 17:14 | Report Abuse

Are we going to hit RM2 in 5 more working days. Looking forward on it.

Posted by Underhand > 2020-08-21 17:22 | Report Abuse

I think Mon will fly again

Posted by tonypang01 > 2020-08-21 20:42 | Report Abuse

Anyone know Tekseng make PP Non Meltblown or just PP Non Woven fabric?

Posted by tonypang01 > 2020-08-22 13:27 | Report Abuse

TS oso make this new products now for plastic ccp can view thru their website
Good ! meaning they oso do plastic packaging products
http://demo.broncos.com.my/our-business/
CPP

Our Cast Polypropylene sheets, commonly known as CPP are our new range of product offerings. CPPs are characterized and portrayed as cleaner and environmental friendlier products. They are widely used in stationery, food packaging and other industrial use.

20M investment I believe not just limit to PP Non Woven because the machine fit to all their PVS segment where this is the grow area for next few years

Posted by DreamKaiser > 2020-08-22 13:32 | Report Abuse

lagi tidor juga kah

Posted by DreamKaiser > 2020-08-22 13:33 | Report Abuse

still hibernating juga kah

Posted by DreamKaiser > 2020-08-22 13:33 | Report Abuse

don't know when going to move

Posted by DreamKaiser > 2020-08-22 13:33 | Report Abuse

no idea

Posted by DreamKaiser > 2020-08-22 13:33 | Report Abuse

no clue

Posted by SwingTrading > 2020-08-22 18:06 | Report Abuse

If Monday can break 1.01 , the highest point can go is 1.190 then 1.30 This is not a buy call , but from my analysis only.

Posted by Flyinghorse > 2020-08-22 18:08 | Report Abuse

https://www.theedgemarkets.com/article/govt-gives-assurance-further-reduce-face-mask-price

Posted by yujue2019 > 2020-08-23 00:50 | Report Abuse

Another round of Govt-imposed price control to lower the price ceiling of face masks shall benefit Tek Seng. The profit margin for face mask (finished-product) manufacturers is squeezed but not, Tek Seng, the PP non-woven cloth (intermediate product) manufacturer for face masks. When the price of face masks becomes cheaper, we buy more, no? So, at the end of the day, face-mask manufacturers will have to place more orders from Tek Seng. Huat arrr!

Posted by NathanScott > 2020-08-23 02:34 | Report Abuse

Even the price per piece drop until RM0.70 - RM0.90. One box of mask is equivalent to RM35 - RM45. Those who are selling is already selling lower than that. The government won’t arrange anything lesser than that. The government is just setting a price because i mask is a necessity to citizens. And I believe tek seng who does export is earning more than supplying to Malaysian market itself. So chill and relax guys!

Posted by ForceBWithU > 2020-08-23 10:39 | Report Abuse

There's an interesting article in The Edge Weekly on Capital Markets section Pg 31 to 35. It list the Winners and Wannabes from the Covid-19 play. TS is mentioned there. You can assess that TS is a good example of a PPE play stock but a REAL laggard among the overpriced PPE counters.

My sincere views on TS and why it should be priced above RM2.00 is as follows:-

1. Improving QRs for 2 quarters and should see further improvements in QR3 and QR4
2. QR2 EPS 1.82. Annualised EPS 7.2. PE 20X 1.44
3. Forecast QR3 EPS 3.00 Annualised EPS 12.00 PE 20X 2.40
4. Forecast F/Y 2020 EPS (3.2+3.0+4.0) 10.2 . Dividend payout 30% ; 3.00 sen. If 40% . Payout 4.00 sen
5. Nett cash position @ 30/6/2020; RM37 million
6. Retained profit sufficient for capitalization by way of bonus issue of 2 for 3 .
7. Export market is still a big possibility.

Please don't flame me for my optimism.

Posted by NathanScott > 2020-08-23 14:02 | Report Abuse

Please take note that tek seng material can do more than Face Mask. Even PPE items such as surgeon cap, isolation gown & etc are the items using the materials. Cheers guys!

Posted by Newbie318 > 2020-08-23 14:12 | Report Abuse

Thks @ForceBwithU,its a good analysis for mr.tekseng.
I have same opinion that this counter should value rm2.50 soon.
Lets be patient guys...

Posted by Flyinghorse > 2020-08-23 15:55 | Report Abuse

Drops for few days leo. Let see on monday.

Posted by NathanScott > 2020-08-23 16:19 | Report Abuse

https://www.thestar.com.my/news/world/2020/08/23/who-says-children-aged-12-and-over-should-wear-masks-like-adults

Posted by tonypang01 > 2020-08-23 17:47 | Report Abuse

@ForceBwith U : Can share how you calculate or justify EPS 3.00?

Posted by ChefSaham > 2020-08-23 23:16 | Report Abuse

tek seng provide raw materials for the production of face mask, they do not produce or manufacture face mask themselves, i dont think the price ceiling will affect raw materials providers like tek seng

Posted by Flyinghorse > 2020-08-24 09:21 | Report Abuse

Today so low volume. Nobody interested in grabbing this shares? Think will go further south

Posted by ForceBWithU > 2020-08-24 09:28 | Report Abuse

@tonypang01 Forecast given by a friend who's a market analyst. Believe he derived the EPS from increase capacity from gradual Capex plus better sales mix margin. Again forecast as anything concrete is considered inside trade information.

Posted by ForceBWithU > 2020-08-24 09:29 | Report Abuse

Low volume may mean they are flushing out weak contra players. It may persist for a day or two .

Posted by Stockwiser > 2020-08-24 09:36 | Report Abuse

Road block everywhere. Cannot c buy trend at all. Today can tidur awal. No need to c already.

Posted by Besafe > 2020-08-24 09:41 | Report Abuse

This counter only insider can make money. We expects it up it wont. When u already gave up, only it will go up. This is how dirty this hopeless counter is.

Posted by ForceBWithU > 2020-08-24 09:45 | Report Abuse

I think today will be good time to pick up stock as the roadblocks are sign of accumulation by insiders. CANNOT PLAY CONTRA as NO GUARANTEE of upside on quick play.

Posted by Flyinghorse > 2020-08-24 09:49 | Report Abuse

Now drops to 0.865

Posted by kenari82 > 2020-08-24 10:18 | Report Abuse

long term Tekseng is projected profitable...buy at low...

Posted by SwingTrading > 2020-08-24 11:20 | Report Abuse

I havent see yet shark enter today , only retailer scared and throw their shares

Posted by ForceBWithU > 2020-08-24 11:25 | Report Abuse

@babi shark Looks like the TP of 2.00 at end of August is not happening...

Posted by SwingTrading > 2020-08-24 11:37 | Report Abuse

Waiting for it

Posted by ForceBWithU > 2020-08-24 11:44 | Report Abuse

Roadblocks at all prices upwards. Worse than Saturday night after 12pm at Desa Sri Hartamas.

Posted by Stockwiser > 2020-08-24 13:44 | Report Abuse

@baby shark, 4 days lagi to push to RM2. We count on you already. Haha

Posted by Stock Geeks > 2020-08-24 14:45 | Report Abuse

loss thousand boxes face mask money already. Support local products.

Posted by DickyMe > 2020-08-24 14:47 | Report Abuse

Waiting for below 70 sen

Posted by yujue2019 > 2020-08-24 14:48 | Report Abuse

weak holders u sell sell woot woot... i buy buy...w00t w00t

Posted by BursaFly > 2020-08-24 14:55 | Report Abuse

Masuk longkang

Posted by yujue2019 > 2020-08-24 15:02 | Report Abuse

masuk longkang even better... I am a undervalued good fundamental stock scavenger... I collect from longkang.....

Posted by Flyinghorse > 2020-08-24 15:06 | Report Abuse

0.855 now