Wow, Mr. Loh Eng Chun is here. 24 years old and is a director already. I'm impressed. Anyway, don't take the words here too seriously, a lot of jokers in this forum. Just found out Tek Seng is located in Bukit Minyak. See when you're free, we can hang out at Auto City. Haha.
Forex gains cause of good hedging policy by company, when ringgit appreciates. there are more liabilities than assets, therefore forex gains, but on operational side, they export 100% in usd, so operational side profit n loss will be lower but forex gains will balance it out, that is why you see a sustainable performance by tekseng, going forward expect 13-15m profits for every quarter until full ramp up on q4 maybe can hit 17m so this year can easily make 60m, and their new factory is not even full yet, next year can make 80m if they can make 60m this year.
yes, on balance sheet item, tekseng is a beneficiary of ringgit strengthening, but solar side they are exporting 100% in usd, so you have a very good natural hedge, forex up or down tekseng also gains
crazyremiser....yesterday you said....."crazyremiser buy now its cheap? what if buy and i goes down below rm 1.32. you will guarantee people for their loss. end of the day u would just disappear.stop giving people buy signal when the price and graph is obviously downtrend. what a joker zx08. 19/05/2016 12:49
but today you said..." crazyremiser nope.director bought more. they accumulate at a lower price. so dont miss the boat before its too late. 1.45 today 20/05/2016 09:33
1. 1st 4 lines fully contribute in 1Q 2. Up coming 3 lines to start contribute in 3Q 3. Coming 2Q solar contribution will be weak due to new factory uncomplete. 4. New factory will complete in end of june 5. Up coming 3 lines profit margin will be lesser than 1st 4 lines due to business negotiation 6. Possible increase stake in TS Solartech if have extra capital 7. CEO aware of US tax tarif 8. 10th lines and above to US still in planning stage.
This stock very irritating. Tonnes of insiders buying before good news. After actual announcement came out, they throw until your grandma also can't recognize u
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....
kt_invest
356 posts
Posted by kt_invest > 2016-05-19 21:57 | Report Abuse
Imagine more new lines are up and running. It will be explosive earning in the coming days.