I am confident with their solar PV business. Renewable energy is the future and the installation of solar energy is booming in US and Europe. Strong order book. We might see some positive result after a few quarter.
Solar PV is no longer monopolize business, there are many new player coming into this field and price is getting competitive. In fact you can do some research online and see how cheap it is going to be. I still have doubt over TS on their cash flow turnaround with FCF $18m and current liability of $50m. For a company in this cash position is rather risky..
U cant value TS with FCF, it is playing a turnaround story and venturing to new business. If you based on historical financial result, it is overvalue but bear in mind the figure was pre solar pv. Hence, u need to value TS by business wise. As far as I can see, their PV business really success from the past two quarter report. It might be a multibagger but if you want to be safe just wait everything to be clear.
@JNG9678 thanks for the photos. Do you mind helping us take a photo on how their utilities pad (the gas tanks and chemical tanks) looks like? We're trying to gauge if they can really finish tool install for the additional lines by Q3'16
@kk123 you really dont know what you're talking about. Go look at Jinko Solar. Suppose to be building 2 solar cell/module factories in Malaysia, and before it even got finished they changed plan - to build 5 rather than 2!
Sunedison has a team of irresponsible of directors n managements tht led to its high borrowings bcoz of a recent high acquisition too that's why they have to seek more financing which is spinning out of control. So how do u compare that to tekseng? kk123 is with very shallow knowledge. Just ignore that idiot.
Tekseng is not really a world class solar company It depends on the taiwanese and the taiwanese is in full control Current shareholder are just donating money in it
kk123 , u dun like then dun come here lor.... kk123 please dun buy ahseng. we willing to donate our money to ahseng.. hehe.. kk123 please dun buy .. please .. wakakaka
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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....
Mohd Fahmi Bin Jaes
29,184 posts
Posted by Mohd Fahmi Bin Jaes > 2016-04-08 23:35 | Report Abuse
not at enter price 1.12. that price for profit taking. enter price should be 1.09-1.06