have a chat with a colleague and he said solar farm in oversea are looking into reits model. Anyone heard of this? Is similar to the earlier article share by one of the forumer where ppl have no rooftop, no worries. You can buy or lease a land and install the solar panel. I can't find more article on this. Is this is true, it is big business for solar panel manufacturer.
Yes that is true even in England Solar farms are the new trend due to Government targets for green energy solar installations are paid with huge payments from the Government to private households and land owners.
Same in Germany and USA and now China due to the world commitments to green energy and pollution reduction.
All has to be very positive for any company making solar panels.
Share price of many solar companies such as First Solar and sunpower are not doing well for the past 3 months at least. I do not know the reason. What make us think that Tekseng will continue the bull and black horse as oppose to other solar companies like sunpower that is also doing solar cell.
if you know FA, look at its improvement esp the debts side, reduced a lots as compared to previous year & low PE, I am slowly accumulating this counter, now it seems like shake out period, hope to see another higher level soon.
from dragon1 comment, did a little bit research. Indeed, the market are have many solar panel manufacturer. There is more than 1 dozen listed around the world listed and not to mentioned those unlisted in the share market. But Most developed countries and developing countries under UN has has pledge in the united nation submit to have plan and implementation to address climate change by 2030. They have come out with a sustainable development goals and SDG 7 is to ensure sustainable and reliable modern energy. Solar panel fall into this category. I believed the market will be wide enough for all the player as the penetration for solar is still low.
Hence i believed the growth is in there. Also, tekseng is installing in new lines which is lower in cost compare to those company that set up 5 years ago. The cost might be more expensive due to new technology. If you familiar with sony & samsung story, i believed it is the same. The pioneer pump in alot money in R&D and before it can recoup, someone else come and ride the bandwagon and improvise it. They do not have enough time to recoup their investment.
thanks for sharing. if we compare up to july'16 with july'15, there is an increase in revenue. So everything is good. Furthermore, this has not taken into consideration of the line expansion. Am i interpreting correctly?
Titus, why would you like to compare the July 2016 with previous year and not the past few months? Solar cell is not like durian, not seasonal. Cheers
The share price just spike for the first 30mins after the result day. From there on, it keeps decreasing. Common sense will tell, retailers are so powerful? Do you belive you yourself can sell it down to this extend if is not done by the Funds.
i do not know about their order books because i have no visibikity. But others solar companies share price have reflected it? Do u believe tekseng is more high tech and lower cost than them? Can sell better to their customer? Who is their customers?
dragon1 ,hi dragon1 , then it seem main sh or big fund selling down , or they maybe bought at the lower price last few weeks and take ptofit , actually people still thinking teseng price increse to high still expensive now ?
Don't fight people.. We are all adults and have our own way of thinking. If you believe solar energy is the way forward, just invest. If not, you can go invest somewhere else. People are entitled to their own choice. ✌✌
There is no fighting here. all adult have own way of thinking- agreed. You may just read comments and decide whether points are valid. The purpose of this forum is for discussion, solid point discussion and not for praising.
I am just highlighting some key points and reference to other solar company like sunpower & etc for everyone consideration rather than just listen to all great comments.
I am wondering why the share price keep on dropping since the result day. don't you feel wierd? 温水煮青蛙 ?
hi dragon 1, thanks for the comment and it is a valid point. Anyway, will wait for August sales results since it only few more days to go. Also, tekseng 3rd Q PVC sales is always much higher than the rest of the Q. So, will it able to compensate the lower revenue for solar as what the 2Q did. Something to think about.
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....
nicky11
654 posts
Posted by nicky11 > 2016-08-18 23:05 | Report Abuse
Sorry, wrong info given from Hlebroking.