Posted by Stockwiser > 2020-09-30 17:56 | Report Abuse

According to non-woven fabric manufacturer Tek Seng Holdings Bhd executive director Loh Eng Chun, its non-woven fabric has seen a 150% to 200% price increase since the outbreak of the pandemic and its products are booked till December

Posted by Stockwiser > 2020-09-30 17:57 | Report Abuse

https://www.theedgemarkets.com/article/manufacturers-unfazed-drop-face-mask-ceiling-price

Posted by DailyTrader1818 > 2020-10-01 11:08 | Report Abuse

agree tp 0.9

Posted by yorkyork > 2020-10-01 11:16 | Report Abuse

Jeffreyteck Tek Seng may soon move higher, says R Retail Research... analysts become gamblers nowadays, buy buy big or small but for trading only. LT negative. ST goreng.
this banker call and block.

Posted by erkongseng > 2020-10-01 12:48 | Report Abuse

Q3 is good

Posted by PatienceWin > 2020-10-01 13:17 | Report Abuse

Q3 & Q4 will be good then shoot up like Prlexus hehe Tp. 1.2 (conservative)

Posted by PatienceWin > 2020-10-01 13:19 | Report Abuse

and tekseng will start giving out dividend too since 2017

Posted by erkongseng > 2020-10-01 14:02 | Report Abuse

Wakakaka,此时便宜0.715不買等80仙以上才来搶进咩，all in now

Posted by PatienceWin > 2020-10-01 16:03 | Report Abuse

buy before reach .8 then chase again =.=

Posted by damianwayne > 2020-10-01 17:05 | Report Abuse

Wah increase 10%. What happen? What ever news hope its not case spike or lockdown haha

Posted by erkongseng > 2020-10-01 19:37 | Report Abuse

https://m.facebook.com/story.php?story_fbid=2672674566314805&id=1520891084826498

Posted by PatienceWin > 2020-10-01 20:35 | Report Abuse

if was because of spike cases then other counter will increase too.. this obviously was insider who know the QR will be good instead of waiting for rm1 above ..they already buying now

Posted by PatienceWin > 2020-10-01 20:35 | Report Abuse

gogogo road to rm1 and above. hehe :)

Posted by Stockwiser > 2020-10-01 22:29 | Report Abuse

https://www.facebook.com/102210638263047/posts/136812134802897/

Posted by Stockwiser > 2020-10-01 22:30 | Report Abuse

Guys, tekseng subsidiary which produce non woven products is hiring many position for the expansion. So U think their biz good or not.

Posted by NathanScott > 2020-10-02 00:50 | Report Abuse

TS Non-Woven Material Product Category.

*Hygiene*
Baby diapers or nappies
Feminine hygiene
Adult incontinence products
Wet wipes
Bandages and wound dressings
Disposable bath and face towels
Disposable slippers and footwear

*Medical*
Isolation gowns
Surgical gowns
Surgical drapes and covers
Surgical scrub suits
Bouffant caps
Medical packaging: porosity allows gas sterilization
Consumer and medical masks

*Industrial & Packaging*
Recyclable Shopping Bags
Pillows, Cushions, Mattresses core,
Pocket springs and Upholstery paddings
Furniture interlinings

Not only mask mask mask, more than that actually.

Posted by Underhand > 2020-10-02 07:57 | Report Abuse

Heavy loss with wrong estimation

Posted by PatienceWin > 2020-10-02 09:14 | Report Abuse

really ? then u dont touch lo hahaha

Posted by maggiemee > 2020-10-04 00:15 | Report Abuse

seems like potentially to grow in this special new normal soon or sooner~~~~~~~~~~~~~~~~~~

Posted by solidwhitebush > 2020-10-04 19:16 | Report Abuse

Tek Seng chart soon to be like PRlexus chart. Breaking high. A forgotten face mask material supplier.

Going to release QR this month soon.

Posted by CAF-POW > 2020-10-05 14:41 | Report Abuse

Tekseng has other businesses too, which I believe, start contributing post lockdown, all in all Q3 should be good but Q4 will be better.

Posted by PatienceWin > 2020-10-06 09:49 | Report Abuse

today is the chance to collect :)

Posted by maxinvestor > 2020-10-06 12:27 | Report Abuse

Better collect fast today before TS fly to the moon

Posted by donald770 > 2020-10-06 13:09 | Report Abuse

the coming q, it can be better than previous q. With 3 good q consequently, it is up for rerating.

Posted by Nicolesh33 > 2020-10-07 18:14 | Report Abuse

When will release QR?

Posted by kasiong1995 > 2020-10-07 18:50 | Report Abuse

Maybe oct 30 2020

Posted by 50Cents > 2020-10-08 01:15 |

Post removed.Why?

Posted by dumb123 > 2020-10-08 01:17 | Report Abuse

Wow, record history lowest @0.045 !

Posted by Silentreader88 > 2020-10-08 18:27 | Report Abuse

not bad Tekseng. Among all healthcare related, tekseng is the only one closed green today. Any news? *thinking

Posted by Mar2083 > 2020-10-09 00:16 | Report Abuse

85sen tomorrow

Posted by ceoshare > 2020-10-09 10:54 | Report Abuse

TEKSENG TODAY RM 0.89

Posted by vivoviva > 2020-10-09 11:25 | Report Abuse

was told TP RM1.50 and starting good QR rally. Betul ka?

Posted by dihas73 > 2020-10-09 11:56 | Report Abuse

Buy before too late

Posted by stocksrocket > 2020-10-09 12:15 | Report Abuse

Is undervalue based on past strong EPS. Coming announcement EPS should be even more stronger

Posted by Mar2083 > 2020-10-09 13:35 | Report Abuse

Rm1 coming soon

Posted by Nicolesh33 > 2020-10-09 14:20 | Report Abuse

Gogogo, uptrend sign now

Posted by Melvin Lim > 2020-10-09 18:08 | Report Abuse

Hold tight

Posted by TKLOOI > 2020-10-09 20:28 | Report Abuse

Masks produced for US market by Sri Lanka factory which employs 1700 workers has 1026 infected workers.

Posted by lau9639 > 2020-10-10 17:43 | Report Abuse

This is the Covid related counter you should never missed! Undiscover low profile hidden gems!
Another Prolexus coming soon!
Last quarter results announced on 30/7. This quarter most probably will be announced on 30/10. Less than 3 weeks the results will be announced. I expect the performance will be extremely good. Full operations with high demands , hold tight! Coming week might exceed RM1

Posted by Newbie318 > 2020-10-11 16:16 | Report Abuse

⁰0TP2 is also possible. WHY? Simple...

QR1) EPS 1.29
QR2) EPS 1.82
QR3) If EPS is 25% higher than that of QR2), hence EPS for QR3) is 2.275
QR4) If EPS is 50% higher than that of QR2), hence EPS for QR4) is 2.730

Now the average PER for its peers within the non-woven hygiene segment is at 18 times.

TP (at 18x based on the average PER in the same market segment)
= 0.08 x 18 = 1.44

TP (at 32x PER eg NOTION "face masks") = 2.56

TP (at 68x PER eg COMFORT "gloves") = 5.44

HAHAHA......

Posted by Newbie318 > 2020-10-11 16:31 | Report Abuse

TekSeng posted RM6.536 million net profit on it Q2 FY2020. This set of good earning is excellent despite reported slightly drop for it revenue. If you followed the news on TekSeng, you will know why this happened. Just read the news from The Edge dated 29 June 2020 as link below:

Face mask & PPE demand lifts TekSeng fortunes.

https://www.theedgemarkets.com/article/face-mask-and-ppe-demand-lifts-tek-sengs-fortunes

“For the PP non-woven segment, the revenue contribution was 25% last year. In the first quarter of this year (ended March 31), it made up about 30%. For 2Q, we’re looking at 70%,” Tek Seng executive director Loh Eng Chun tells The Edge in an interview”

“Due to resilient demand, average selling prices (ASPs) of PP non-woven fabric have also gone up substantially.“It should be looking quite strong for now. PP non-woven prices shot up close to 300% in April and May and we are looking at 200% from June to August. Overall, we are seeing a price surge of over 200%,” Eng Chun says, adding that net profit margin has doubled to 15% from the 6% to 8% seen before the Covid-19 pandemic.”

“With that, Tek Seng, which has been running at full capacity of 300 tonnes per month, will double its production capacity when new machinery comes on stream in 3Q. The company has set aside RM20 million in capital expenditure to increase production capacity.”

Q1 FY2020 EPS: 1.29 sen (net profit margin 8.9%)
Q2 FY2020 EPS: 1.82 sen (Net profit margin 15.8%)
Q3 FY2020 EPS: Forecast 20% increase of net profit => 2.3 sen
Q4 FY2020 EPS: Forefact 100% increase of net profit after double it production capacity: 4.6 sen

Thus, full year EPS forecast to be 10 sen

With PE of 15, TekSeng worth: RM1.50
With PE of 20, TekSeng worth: RM2.00
With PE of 25, TekSeng worth: RM2.50

The resilient demands of face masks, increase of average selling price for non-woven fabric and capital expenditure to increase production capacity in Q3 for sure will further boost up its net profit for the next few quarters.

Face mask has become one of the necessities in our daily life to combat with covid-19 virus. Not only in Malaysia (Compulsory to wear face mask @ public area started 1 Aug 2020), people in the world are practising of face mask wearing to reduce the risk of covid-19 infection (including US president Trump who refused to wear face mask in public previously has turned his mind to ask his people to wear face mask) . Thus, we can see demands for non-woven fabric will be very high and sustainable from all the companies that involved in face mask manufacturing like Topglove, Supermax, Notion, Adventa….etc..etc

Posted by Connie24 > 2020-10-11 19:49 | Report Abuse

Hi erkongseng how to subscribe to your channel

Posted by NathanScott > 2020-10-12 12:06 | Report Abuse

https://www.klsescreener.com/v2/news/view/738569

Posted by Hush77 > 2020-10-12 14:44 | Report Abuse

boleh limit up macam prolexus... ?

Posted by maxinvestor > 2020-10-12 14:47 | Report Abuse

Hush77, The sky's the limit bro. Bad market also can up, just image if its in good market

Posted by CAF-POW > 2020-10-12 14:47 | Report Abuse

I think it's possible after the Q3 result is out.... with Covid-19 cases flaring in many places, demand will remain high...just need to wait 3 more weeks or so....

Posted by kasiong1995 > 2020-10-12 15:16 | Report Abuse

Will tekseng tp at rm 2??haha

Posted by solidwhitebush > 2020-10-12 15:42 | Report Abuse

QR is going to release this month. Expecting good result? Hmmm.... up so much this month.

Posted by Hush77 > 2020-10-12 18:26 | Report Abuse

If result good, can play up like prolexus

Posted by NathanScott > 2020-10-13 11:15 | Report Abuse

https://www.bloomberg.com/amp/news/articles/2020-10-13/j-j-confirms-covid-19-vaccine-trial-paused-on-safety-event