Notion VTEC just released QR3 results. Huge loss. Tek Seng is profitable but alas we are still priced lower than Notion. Sometimes things in life is so unfair.
Omg, this Notion has been limit up for 3 days b4. How come? Tek Seng is steadily grow its profit and is proven in last 2 Quarter , how come the share price macam ni?
@SwingTrading appreciate your technical analysis expertise. Is Tekseng a worthwhile counter to invest for short term play ( 2 to 3 months) and your opinion on TP if QR3 is around 3 sen. Thanks for your feedback and time.
ForceBWithU, currently tekseng is doing bullish penant flag pattern, if tekseng can break the pattern above 0.935/0.940 then it will find 1.01 first after then 1.12 and 1.160/1.165. Currently there are two flag pattern on chart. This 27th august tekseng has AGM meeting , let see whether the price will be move or not. But on fundamental value , from my opinion the company has a good 2nd QR report and the revenue are good. I believe tekseng can hit all time high back in 1-2 months . Probably this counter expect to have a good move by next week. Long investment maybe can reach 1.6 , 1.9 & 2.25
@SwingTrading and @ ForceBwithU, I believe need to wait till TS management make some media publicity on co business progress and development especially 20M investment such as when new machine arrived and start production, same time deliver the next better QR result. Right?
@tonypang , yes , with the help TS management publish news will help their prices increase faster. As i saw yesteday, most of drop is from the retailer share, each time the price drop, the operator quickly push the price. Now it depends on news and operator mood whether want to hit the price higher. the queue is not too much , they can take all the share in one time if they want
Totally agree with @SwingTrading and @ tonypang01 I think 27th August AGM media briefing contents will provide guidance and substance to TS price upwards momentum. I hope the Directors don't fail us.
@ForceBWithU yes , counter is on uptrend now , if counter is on uptrend + good fundamental , we can swing with relax and not emotional to sell shares .Based on my eyes it looks like making a new Higher low to Higher High
@SwingTrading. Just to check with you is there a typo error on the share price figures after the price 1.12 as given by your earlier message below:-
What is the share price after 1.12 ? 1.16 ? And then 1.??. Thank you for the clarification.
currently tekseng is doing bullish penant flag pattern, if tekseng can break the pattern above 0.935/0.940 then it will find 1.01 first after then 1.12 and 1.160/1.165. Currently there are two flag pattern on chart.
@ForceBWithU , if no momentum and no push after reach 1.12 the price will sideway for a several days to reach 1.16. But if can break 1.16 it will find 1.33. This is based my analysis only.
@babi shark There may be some truth in your insider story of TS touching RM2 by month's end but somehow the big operators decided timing isn't right. Anyway 7 trading sessions left to see if it happens
Tek Seng Holdings Bhd是一家投资控股公司。它分为四个板块:PVC板块板块,从事聚氯乙烯(PVC)板块,工业和消费类零件的制造和贸易。 PP无纺布分部,生产和贸易与PP无纺布相关的产品;从事与PVC皮革相关产品贸易的PVC皮革分部和赚取主要收入。它从事与PVC相关和无纺布相关产品的制造和贸易,
@tonypang01 Pray you are right especially on AGM media briefing. Obviously the owners of Tekseng didn't build up the price nicely to rm1.30 to see it goes down to 0.775.
Notice that today even counter with good QR also drop. The power of retailer nowdays chase by on news. JFtech , Eforce also drop even qr release yesterday was in a good profit. I hope there will be a changes on this
Joke of the Year. Bintai sign MOU on vaccine development with small American vaccine research company ... priced higher than Tekseng. Bintai has no experience or expertise on vaccine plus Bintai is Loss Making.
Meanwhile Tekseng which is profitable for 2 Quarters with a commendable EPS of 3.2 is not priced higher.
Hope all changes after AGM media briefing tmrw. Hope and pray for good announcement by the Directors of Tekseng
now bursa become casino d. no more see fundamentals. in fact, big shark like to goreng loss making companies to trap bilis. those small fry who entered will trapped high and realised that, finally no option but to sell at loss
@ForceBWithU, haha yeah. go check their forum. got few 'sifu' even still saying 'dont miss the boat', 'TP RM3.00'.. "if glove can up 400 -1000%, vaccine also can.".. u will speechless
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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....
yujue2019
59 posts
Posted by yujue2019 > 2020-08-24 15:11 | Report Abuse
ayowei... running out of bullets dy today.... have to wait for tmr dy to buy more.....