TEK SENG HOLDINGS BHD

KLSE (MYR): TEKSENG (7200)

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Last Price

0.27

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


14 people like this.

12,796 comment(s). Last comment by yujue2019 2024-07-30 00:34

Posted by Mohd Fahmi Bin Jaes > 2016-06-15 15:53 | Report Abuse

fly. dividen makan, harga makan.

Posted by Mohd Fahmi Bin Jaes > 2016-06-16 22:37 | Report Abuse

SELL

orangLama

29 posts

Posted by orangLama > 2016-06-17 12:04 | Report Abuse

Mohd Fahmi Bin Jaes vocabulary buy, sell, fly .....hahaha

papaya

3,086 posts

Posted by papaya > 2016-06-17 14:31 | Report Abuse

once he sold his shares....he changed call from buy to sell bcos he wanted to buy back...

Posted by Izam_mahathir > 2016-06-19 12:11 | Report Abuse

Jng,chickmonk or noobnew...i concern about 2 thing.brexit and us interest rate hike?does it have any influence for tek seng stock price?please share...pleasseeee

Posted by Mohd Fahmi Bin Jaes > 2016-06-20 22:55 | Report Abuse

down

Ahbeng11

198 posts

Posted by Ahbeng11 > 2016-06-20 22:56 | Report Abuse

Fahmi, can u write in complete sentence ?

Posted by Izam_mahathir > 2016-06-21 16:05 | Report Abuse

Fahmi said down and it will be up.haha

zx08

256 posts

Posted by zx08 > 2016-06-21 18:14 | Report Abuse

Just go against fahmi.. He is a con man

Up_down

4,346 posts

Posted by Up_down > 2016-06-21 19:36 | Report Abuse

Directors bought back 3 million shares. Interesting.

JNG9678

157 posts

Posted by JNG9678 > 2016-06-22 06:55 | Report Abuse

SolarCity stock soars 18% on $2.8 billion Tesla bid; Tesla shares plunge
Anita Balakrishnan | @MsABalakrishnan
33 Mins Ago
CNBC.com
Tesla makes offer to buy SolarCity
Tesla Motors said Tuesday it would bid $2.8 billion to buy SolarCity, sending the solar energy company's shares soaring.
SolarCity shares popped nearly 18 percent Tuesday after hours on the offer of $26.50 per share to $28.50 per share, while Tesla shares dipped as much as 10 percent, trading below $200 per share for the first time since March.
SolarCity's controlling shareholder, Elon Musk, is also the CEO of electric car company Tesla. The two sets of shareholders will vote on the merger independent of Musk after a due diligence process, he said.
While Tesla has considered the deal "blindingly obvious" for a while, the timing seemed right as both companies released products that were increasingly aligned, Musk said in a conference call.
Elon Musk, Tesla CEO
Krisztian Bocsi | Bloomberg | Getty Images
Elon Musk, Tesla CEO
"It improves the efficiency of the setup," Musk said, focusing on lowering both cost of sales and cost of implementation."Instead of having, say, three different trips to a house to put in a car charger and solar power and a battery pack, you can actually integrate that into a single business."
The merger would allow Tesla customers, who drive electric vehicles, to harness the power of the sun in an "end-to-end clean energy product" as soon as next year, Tesla said. It builds on a partnership between the two companies where SolarCity uses Tesla battery packs as part of its solar projects, according to Tesla.
It comes on the heels of Tesla Energy, a renewable energy storage solution that launched in March of last year.
"It's now time to complete the picture," Tesla said in a blog post. The SolarCity products would fall under the Tesla brand if the deal is approved, Musk said.
"The world does not lack for automotive companies — the world lacks for sustainable energy companies."
-Elon Musk, Tesla CEO
SolarCity intends to carefully evaluate the proposal, it said in an SEC filing. The company is increasingly focused toward product, Lyndon Rive, co-founder and CEO of SolarCity, said in a conference call.
"There are tremendous synergies between these two companies," Rive wrote in an email to SolarCity employees. "You should know that the board and the shareholders will be considering this, and so while I am personally excited, I will be recusing myself from the decision-making process. Ultimately, the shareholders will decide."
SolarCity shares have been under pressure, down more than 58 percent year to date. But executives said that didn't influence the terms of the deal. Tesla shares, meanwhile, are down 8.5 percent so far this year, even as buzz grows around the new Model 3 car, which will also be unaffected by the deal, executives said on a conference call.
"I don't think this creates additional financial risk for Tesla," Musk said, saying the deal would not add significant debt to the Tesla balance sheet. Rive said that SolarCity remains on schedule to be cash flow positive on Q4. "I think it actually amplifies the opportunity for both companies," Musk added.
Musk said he's always seen Tesla as focused on sustainable energy, not an automotive company. He said he didn't know how many of Tesla's customers had solar power already or expressed interest in it.

JNG9678

157 posts

Posted by JNG9678 > 2016-06-22 07:06 | Report Abuse

In summary: SolarCity ( solar energy manufacturer ) and Tesla ( electric car manufacturer ) both company plan to merge toward total green energy - electric car using Solar energy station as ion litium battery charger. Tesla CEO : end to end green energy by next year.

JNG9678

157 posts

Posted by JNG9678 > 2016-06-22 07:16 | Report Abuse

Ah Seng new factory -2 completed. Installation Assembly lines 5th,6th and 7th - day night on going.

JNG9678

157 posts

Posted by JNG9678 > 2016-06-22 07:18 | Report Abuse

Ah Seng Chairman, Mr. Loh Kok Beng off market acquired 3M shares @1.16, bursa announcement 17 June 2016.

Posted by Izam_mahathir > 2016-06-22 20:20 | Report Abuse

Wow its gonna be massive production

Posted by prescott2006 > 2016-06-22 20:49 | Report Abuse

New wave is coming。 Foresee will break through 1.43 soon.

Ahbeng11

198 posts

Posted by Ahbeng11 > 2016-06-22 21:53 | Report Abuse

The heat is on

chickmonk

991 posts

Posted by chickmonk > 2016-06-23 13:08 | Report Abuse

Currently multi and mono cell price keep dropping. Upcoming quarterly result maybe no good. Hold tight!

chickmonk

991 posts

Posted by chickmonk > 2016-06-23 13:11 | Report Abuse

http://pv.energytrend.com

Posted by Izam_mahathir > 2016-06-23 16:31 | Report Abuse

Cell price wont effect too much.still minor.below 10% and will be recover.demand increase in solar production faster than i thought

tallman

924 posts

Posted by tallman > 2016-06-23 17:15 | Report Abuse

If the upcoming quarter result is not good, why the director bot 3M of shares? Anybody can enlightning me?

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-23 17:20 | Report Abuse

those were private placement shares at $ 1....you also want but you cannot get.

tallman > Jun 23, 2016 05:15 PM | Report Abuse

If the upcoming quarter result is not good, why the director bot 3M of shares? Anybody can enlightning me?

tallman

924 posts

Posted by tallman > 2016-06-23 18:17 | Report Abuse

thanks for advice.

Posted by crazyremiser > 2016-06-23 18:21 | Report Abuse

because he see long term and gonna privatized it? so it doesnt matter much what price he buys now? because the shareholding in the market could be less? and even that time if there is 30% shares floating in the market, he offer 1.30 to offer also cheap cheap for him. hopefully i hope what i say dont come true. because he is gonna pocket tons of money from privatising perhaps.

pisanggoreng

1,065 posts

Posted by pisanggoreng > 2016-06-23 18:49 | Report Abuse

but his purchased price was 1.16 but private placement price 1.00

how can you explain???????

director bot 3M , private placement 3.6M


my view:
the director very confident in the company performance, so
coming result must be good !!!!!!


Posted by stockmanmy > Jun 23, 2016 05:20 PM | Report Abuse

those were private placement shares at $ 1....you also want but you cannot get.

tallman > Jun 23, 2016 05:15 PM | Report Abuse

If the upcoming quarter result is not good, why the director bot 3M of shares? Anybody can enlightning me?

Posted by Izam_mahathir > 2016-06-23 22:23 | Report Abuse

Sorry to ask..what is private placement and its function?

cmLai

503 posts

Posted by cmLai > 2016-06-24 12:51 | Report Abuse

Brexit wins as Britain votes to leave European Union

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-06-24 12:51 | Report Abuse

yahoo ... lets bring Ts down to rm1 /-

Posted by Izam_mahathir > 2016-06-24 12:57 | Report Abuse

Rm1?next joke please

Posted by Mohd Fahmi Bin Jaes > 2016-06-24 12:59 | Report Abuse

brexit

Posted by Izam_mahathir > 2016-06-24 13:10 | Report Abuse

Fahmi finally u use a different word

Up_down

4,346 posts

Posted by Up_down > 2016-06-25 23:23 | Report Abuse

Look at the facts of Tekseng and judge yourself before making your own decision for buy or bye.

We all know that it's important for a company to generate positive cash flow from the operating activities to funds its capital expansions. Therefore, we need to look back to identify its track records.

Positive cash flow from operating activities:
Year 2016 - RM 21.7 million ( 3 months ) Before purchased of P & M RM 10 million)
Year 2015 - RM 22.3 million ( Before purchased of P & M RM 162 million )
Year 2014 - RM 62.3 million ( Before purchased of P & M RM 54 million
Year 2013 - RM 11.3 million ( Before purchased of P & M RM 6.5 million

Financing:
The company made a first cash call RM 94.5 million in year 2015 and further private placement RM 28.9 million for purchase of P & M. No right issues taking place since 2012.

PER: 12.4x ( exclude compensation received )
PER: 15.7x ( exclude forex gain & compensation received )
Gearing: 0.22

Diluted EPS (after adjusting increasing shares and warrant):
31 Mar 16 - 1.84 cents ( exclude forex gain & compensation received )
31 Dec 15 - 3.05 cents
30 Sep 15 - 1.48 cents
30 Jun 15 - 1.08 cents
31 Mar 15 - 0.61 cents

Revenue:
31 Mar 16 - RM 131 million
31 Dec 15 - RM 122 million
30 Sep 15 - RM 61 million
30 Jun 15 - RM 79 million
31 Mar 15 - RM 59 million

Profitability:
31 Mar 16 - PBT RM 17.8 million ( exclude forex gain & compensation )
31 Dec 15 - PBT RM 16.4 million
30 Sep 15 - PBT RM 14.5 million
30 Jun 15 - PBT RM 4.5 million
31 Mar 15 - PBT RM 2.7 million

Posted by Izam_mahathir > 2016-06-28 15:53 | Report Abuse

1.20 is coming soon.yehaaa

JNG9678

157 posts

Posted by JNG9678 > 2016-06-30 08:33 | Report Abuse

Above link on green technology for electric vehicles mobility, the sure event, it is parallel concurrent explosive growth for solar demand in the world.

noobnnew

973 posts

Posted by noobnnew > 2016-06-30 09:17 | Report Abuse

Ah Seng consecutively up for 2 days already. Will it back to its previous glory day? Let's see...

Posted by Izam_mahathir > 2016-07-01 16:29 | Report Abuse

1.23 coming in 3....2...1

Posted by optimusprimeXV > 2016-07-04 11:28 | Report Abuse

vroom vroom...

Posted by optimusprimeXV > 2016-07-04 11:36 | Report Abuse

solar market is super warm now...vrrom vroommmmm

Posted by optimusprimeXV > 2016-07-04 11:36 | Report Abuse

ride on before sky rocketing...laughdieme

wetmarket

264 posts

Posted by wetmarket > 2016-07-04 15:48 | Report Abuse

TS still taking nap.

Posted by Izam_mahathir > 2016-07-05 20:27 | Report Abuse

Selamat hari raya to all tekseng fellas.may god bless this company

Up_down

4,346 posts

Posted by Up_down > 2016-07-12 10:11 | Report Abuse

Nice price chart. Is it really in an uptrend mode?

hotman87

47 posts

Posted by hotman87 > 2016-07-12 10:49 | Report Abuse

2nd quarter result good? Any news?

Winstar

44 posts

Posted by Winstar > 2016-07-12 11:31 | Report Abuse

Nice!!

Winstar

44 posts

Posted by Winstar > 2016-07-12 11:32 | Report Abuse

Buy...buy...buy

Posted by Izam_mahathir > 2016-07-12 12:10 | Report Abuse

2nd quater is the toughest obstacle.but still above the target..3rd quater surely booming with full line operation

ethanky

35 posts

Posted by ethanky > 2016-07-13 09:54 | Report Abuse

its high now.....is it a good point to entry now? whats d TP?

Posted by Izam_mahathir > 2016-07-13 11:40 | Report Abuse

High?not yet la.buy and wait for end of this year.u might be suprise

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