Posted by BeSmart > 2016-08-12 15:23 | Report Abuse

vivo, you confirm qr release later?

Posted by Izam_mahathir > 2016-08-12 16:16 | Report Abuse

QR will release 19 august la.friday next week.not today

Posted by OOMMGG > 2016-08-12 16:23 | Report Abuse

Vivoviva, just do a check on solar product price on last few months, you will know the exact picture. The coming result won't be robust for solar segment.

Posted by Mohd Fahmi Bin Jaes > 2016-08-12 16:26 | Report Abuse

...

Posted by SharehlderOppression > 2016-08-12 16:52 | Report Abuse

Institutional funds has already taken note of this company's potential.
What this company needs is an analyst to start initiating coverage on this counter, then they will have better publicity catering to a wider audience.

Posted by Ahbeng11 > 2016-08-12 17:21 | Report Abuse

Eps 4.89. Quite good result.

Posted by skyrider > 2016-08-12 17:21 | Report Abuse

Qtr report out. profit improve a bit but EPS down a bit.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5174641

Posted by mhchai > 2016-08-12 17:28 | Report Abuse

Thx vivoviva, result really like wat u said. Congrats bro :)

Posted by samsam > 2016-08-12 17:32 | Report Abuse

Hmm what is the target price based on QR?

Posted by moneySIFU > 2016-08-12 17:35 | Report Abuse

Congratulation to all holders

Posted by Alex Lim Jun Xiong > 2016-08-12 17:36 | Report Abuse

Don't get too excited with the good result 1st, see what happen after result out on 19-5-2016.

Posted by Izam_mahathir > 2016-08-12 17:37 | Report Abuse

My mistake lah..haha

Posted by moneySIFU > 2016-08-12 17:38 | Report Abuse

But I love the fact that the price was not moving up so much before the QR, it mean no insiders' buying

Posted by Mgician > 2016-08-12 17:38 | Report Abuse

TP max 1.50 ??

Posted by Tee Tom > 2016-08-12 17:38 | Report Abuse

Vivoviva you are q step ahead of all of us here. Power

Posted by moneySIFU > 2016-08-12 17:38 | Report Abuse

Ikan bilis can still get something

Posted by mhchai > 2016-08-12 17:39 | Report Abuse

insider oredi bot a lot, the volume was there just that it didnt go up. a lot of warrant conversion in these few months and today tekseng cancelled the remaining private placement, which is a good news as no need to press down the price to issue to 3rd party investor. just my 2c opinion

Posted by samsam > 2016-08-12 17:40 | Report Abuse

Anyone calculated or estimate if tekseng can earn 25sens on year after production expansion?

Posted by moneySIFU > 2016-08-12 17:46 | Report Abuse

I look at the sun & crying now......... (￣ｰ￣)

Posted by chl1989 > 2016-08-12 17:49 | Report Abuse

Bought wa. Cheaper proxy :)

Posted by moneySIFU > 2016-08-12 17:54 | Report Abuse

I did not buy this stock, let's see how it goes next monday, see if still got chance to go in or not

Posted by skyrider > 2016-08-12 18:02 | Report Abuse

Q2 result confirm Ah seng solar business is sustainable. Now is the start of the 3 months journey to the fateful 3Q report which will include the production expansion in the new plant. Ah seng this time may seriously move up in anticipation of excellent result in the 3rd qtr.
Price is still cheap, don't miss the boat if u still not boarded, as ah seng has been sleeping for the past 3 months.

Posted by skyrider > 2016-08-12 18:17 | Report Abuse

However not necessary to jump in on Monday morning as Ah seng has the habit of going down after qtr report.

Posted by kevin008 > 2016-08-12 18:27 | Report Abuse

Md dy mentioned before 15m usd per mth...after 2016 234m usd per year

Posted by kevin008 > 2016-08-12 18:28 | Report Abuse

For the solar power business

Posted by Mohd Fahmi Bin Jaes > 2016-08-12 18:42 | Report Abuse

ready to sell on monday

Posted by chl1989 > 2016-08-12 19:01 | Report Abuse

Are you kidding me? This kind of outstanding results. Your conclusion is to sell? SALUTE :)

Posted by chl1989 > 2016-08-12 19:03 | Report Abuse

Oh ya. Forgotten you are a chartist. Your buy n sell call not based on fundamental at all. Sorry bro :)

Posted by wetmarket > 2016-08-12 19:31 | Report Abuse

Hippo - please kindly go to put sell Q and sell all your shares first thing in the morning. Cheers

Posted by kt_invest > 2016-08-12 20:26 | Report Abuse

A. 1cent dividend
B. Q1 revenue = 131,279 Q2 revenue = 159,526
C. Q1 profit = 15,074 Q2 profit = 16,232
D. Q1 EPS = 5.36 Q2 EPS = 4.89 (due to private placemnt but now it has ceased)

Performance is great.
Q3 figures will exceed Q2 when more lines up and running.

Posted by sklyte > 2016-08-12 20:32 | Report Abuse

Pe 8.8x only! Ridiculous! Borrowings drop like mad!

Posted by Derrick0617 > 2016-08-12 20:39 | Report Abuse

太阳能业务推高 德成次季净利大涨
http://www.klsescreener.com/v2/news/view/110937

Posted by greanBean > 2016-08-12 21:34 | Report Abuse

bought at 1.12...

Posted by Up_down > 2016-08-12 22:20 | Report Abuse

It is time for Tekseng to break new height after price consolidation for the past few months. It revenue and profit growth is still on track. No sign of stopping yet.

Updated:

PER: 10.8x ( exclude compensation received )
Gearing: 0.19

Diluted EPS (after adjusting increasing shares and warrant):
30 Jun 16 - 4.24 cents
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:
30 Jun 16 - RM 160 million
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:
30 Jun 16 - PBT RM 25.8 million
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 zx08 > 2016-08-12 22:54 | Report Abuse

Monday 9am gap up.. Guys lets ride

Posted by Icon8888 > 2016-08-12 23:24 | Report Abuse

Be careful of this stock. Every time before results, a lot of insiders bought. Immediately after result, they dump dump dump non stop

Don't be angry with me, just voicing out my experience

Anyway, we will find out whether this is the case come Monday

Peace

Posted by kevin008 > 2016-08-12 23:32 | Report Abuse

Group managing director Loh Kok Beng told StarBiz that Tek Seng was gradually increasing the solar cell production capacity to 10 million pieces per month from 5.6 million pieces currently, or about 250MW production capacity.

“We now have a total of seven lines, of which three will be fully operational in September. Two more production lines will be added by end of 2016, which will increase the total number of lines to nine by the end of this year.

“With nine lines in full operation, our capacity per annum from end 2016 onwards would be 740MW or about 156 million pieces of solar cells, which will have a market value of US$234mil, based on today’s market value of solar cell,” Loh said.

He added that given the market value of US$1.50 for a piece of solar cell, the total value of 10 million pieces per month would be about US$15mil.

Posted by kevin008 > 2016-08-12 23:34 | Report Abuse

This qtr only hit 100m revenue for solar business..next qtr will hit 180m(usd 15m per mth)...next year per qtr 234m(usd234m divide 4)

Posted by kevin008 > 2016-08-12 23:40 | Report Abuse

Who ask you to sell ...is wan to collect cheap...just do simple calculation dy know

Posted by Jun Yu > 2016-08-13 02:37 | Report Abuse

pls sell! im going to throw my other shares and add on tekseng!!!

Posted by CKNYAM79 > 2016-08-13 06:05 | Report Abuse

Hi Vivoviva Congrat on your excellent work in tekseng. Since brexit , tek Seng was excellent entry at 1.10. But no one see its potential. Today its proof it again. I think the game is started, second wave is coming!

Posted by CKNYAM79 > 2016-08-13 06:09 | Report Abuse

Vivoviva, What your opinion on Vsolar? Since it's also solar energy business following tekseng footstep. And seem coming result return to black. And price still at low side . Tq first. Wait your teply

Posted by kawe2626 > 2016-08-13 09:39 | Report Abuse

Yes Hippo, can't wait for Monday but Man Utd is back to cheer up the weekend

Posted by kawe2626 > 2016-08-13 09:40 | Report Abuse

GGMU and then GGTS

Posted by Izam_mahathir > 2016-08-13 11:17 | Report Abuse

Their debt decrease significantly but profit soaring the sky.YNWA tekseng

Posted by skyrider > 2016-08-13 11:37 | Report Abuse

Actually 2Q was saved by the PVC and other business, otherwise 2Q result will be quite poor.
solar profit 1Q - 20.32 mil 2Q - 13.268 mil
PVC profit 1Q - 3.867 mil 2Q - 7.416 mil
other profit 1Q - 0.861 mil 2Q - 2.09 mil
This is mainly due to decrease of unrealised forex gain in the solar business.
With RM in 3Q is about the same as 2Q and if PVC and other business drop in 3Q, even with the additional 3 solar lines (which only fully operational in Sept 2016) 3Q result may not be good as I expected earlier.
http://www.thestar.com.my/business/business-news/2016/07/18/tek-seng-counts-on-solar-cell-business/
May have to wait until 4Q out before we really see excellent result. This time really need patience with ah seng.

Posted by Vizhai > 2016-08-13 11:39 | Report Abuse

THX Skyrider for nice explanation.

Posted by kt_invest > 2016-08-13 12:35 | Report Abuse

Good observations skyrider. Indeed solar in Q2 is low and saved by non solar segment.
If i may,, i made a linear projection for the entire fiscal year revenue and profit.

2015 revenue - 359.517 mil. 2016 revenue - Q1+Q2+(2*Q2) - 609.857 mil. (Here i assume Q3 & Q4 to be same as Q2. This is rather very conservative whn we knw 9 lines will be up soon)

2015 profit - 21.269 mil. 2016 profit - same assumptions as revenue - 93.377 mil

Revenue will see a jump of 70% frm 2015 to 2016.
Profit will see a jump of 339% frm 2015 to 2016.

Is it appropriate to calculate this way?

Posted by chl1989 > 2016-08-13 15:25 | Report Abuse

anyone know what is the 2mil+ compensation from suppliers contributed to its "other operating income"? Tekseng has been getting 2mil+ compensation for 2 quarters already.

Posted by hsong > 2016-08-13 15:34 | Report Abuse

Definately it is a growth stock. Unit trusts company definately love this stock n will in their portfolio