Posted by BRITISHEMPIRE > 2016-08-26 15:14 | Report Abuse

Dragon 1 we know they ar sold full until 2016 end of and most likely sold in to 2017 but not yet full but they will once they have full production by the end of the year. I feel you are missing the key points that the Solar assiciation in Europe already have confirmed demand will double in the next four years. Just use logic it can only increase the companies sales.

Posted by Izam_mahathir > 2016-08-26 15:14 | Report Abuse

Let alone 2017.will hold untill 2020.just like oil.it have up and down.dont panic lah.everything gonna be ok.fundamental will always win

Posted by BRITISHEMPIRE > 2016-08-26 16:03 | Report Abuse

As we can observe, the revenue of the company had increased 1080% and net profit had triple or increase 373.05% due to their successful diversification to solar cell manufacturing business. Besides that, the EBIT of Tek Seng also increased from 7% to 9% due to the explosive contribution of their solar cell business. Below are a more detail breakdown of Tek Seng in terms of product segment.




Tek Seng are expected to generate higher net profit since their management had decided to expand 7 manufacturing line in their solar cell manufacturing. Their order book had been filled up for the year of 2016 and 1Q2017. Despite for the high order book for their solar cell manufacturing business, the whole outlook of solar energy sector are promising as well. Below the global solar forecast base on Mercom Capital Group, LLC.



The ratification of Paris Accord last year means that the world are going to invest more in renewable energy sector especially the solar energy. Besides that, the extension of Investment Tax Credit in the United States had become another catalyst that contribute to the booming of solar energy sector. Hence, according to Bloomberg, the solar installation industry in the United States are expected to double over the next five year. Besides that, China are expected to install approximately 19.5GW of solar cell panel in 2016 and the figure expected to fourfold within 5 years due to air pollution continues to drive China’s environmental policies, of which clean power generation is a big part. Officials from China’s National Energy Administration (NEA) are considering raising the 2020 target from 100 GW to 150 GW, which will bring about 21 GW of annual installation between 2016 through 2020. China also has pledged to reach an ‘emissions peak’ around 2030 with non-fossil fuels making up 20 percent of the nation’s energy generation mix, according to the report issue by Renewable Energy World. In short, the fantastic sector outlook for renewable energy will be able to drive Tek Seng well in the future.

Posted by nicky11 > 2016-08-26 16:06 | Report Abuse

This stock is for long term investment.

Posted by Tai KT > 2016-08-26 17:35 | Report Abuse

global demand increase, although supply are also increase from everywhere, this only to drive to more effective. the most effective company will survive and earn. tekseng is very efficient company as far as I know. epf and rev increae double digits. the results already tell the truth.

Posted by erkongseng > 2016-08-26 20:40 | Report Abuse

https://www.youtube.com/watch?v=Zi9osGOOi-c&feature=youtu.be
看完就知這行业的前景了，以台湾为例投资种电行业回酬有8，7%,留意7200tekseng的前景了。Tekseng 幸福的未來己看到,全球减碳排放,环保意识抬头,这太阳能行业是趋势.

Posted by erkongseng > 2016-08-27 20:13 | Report Abuse

太阳能电池板相关视频--
http://kongsenger.blogspot.my/2016/08/blog-post_27.html

Posted by dragon1 > 2016-08-28 14:01 | Report Abuse

I personally find it very very scary and worried seing so many hard sell people during this turbulence. None of them encouraging, persuading, hard selling the retailers approx 2 months ago when price is like between 1.15-1.20. We do know about the expansion at that time.

无事献殷情....

I am not sure what others feel?

Posted by Tai KT > 2016-08-28 21:43 | Report Abuse

The reason, from 0.6 to 1.2 already double. Take profit are usual. If you look at the grow of rev and profit for few quarter, the PE now is less then 10. If the rev and eps continue to improve till end of this year, the price now are actually very attractive. Before it can shoot higher, it need to build a platform and stable the price. This is to flash out the contra and less confident player. Also to raise the average price for new investor. If you believe this industrial have future and TS management, hold it. Until one day, you found their fundamental is changed. Like industrial is not certain and management is not reliable. If I compare to oil and gas, I will definitely own TS. One is sunset and the other one is sun rise industrial. The choice is on you. Of course , investment is always have risk. Remember, invest at your own risk.

Posted by skyrider > 2016-08-28 22:31 | Report Abuse

Yes, solar is sun rise industrial and it is this very reason that now everyone want to claim a piece of the pie and thus created glut of pv in the market which in turn bring down the pv price and profit margin, and even loss.

If this pv price downtrend continue, expansion may not necessary bring more profit as it is eaten by low pv prices and in worst case can instead bring loss.

Invest in tekseng now is taking a BET on the pv prices.

Posted by Max Yong > 2016-08-28 22:31 | Report Abuse

This stock its need time to shoot. For those short term traders or mid term traders, there is not a wise choice to pick this stocks. :)

Posted by YLR33 > 2016-08-28 23:13 | Report Abuse

Bloomberg - Solar Industry Braces With Looming Glut Eroding Panel Prices http://bloom.bg/2bAd26l

Posted by YLR33 > 2016-08-28 23:17 | Report Abuse

suntech power once bullest solar energy in china, the founder and owner used to be china richest man , the company collapse 2 years ago even with backup from china suzhou local goverment

Posted by YLR33 > 2016-08-28 23:19 | Report Abuse

recently world largest solar company SUNEDISON seek for bankruptcy protection in US

Posted by YLR33 > 2016-08-28 23:20 | Report Abuse

better study recent FIRST SOLAR performance before invest in solar tech company

Posted by YLR33 > 2016-08-28 23:21 | Report Abuse

study TRISOLAR as well

Posted by YLR33 > 2016-08-28 23:21 | Report Abuse

another big guy in YINGLI of china

Posted by YLR33 > 2016-08-28 23:23 | Report Abuse

these info can easily get from SEEKING ALFA app, us version of i3

Posted by YLR33 > 2016-08-28 23:25 | Report Abuse

five year ago, solar power already sun rise industry, yet so many big guy fail

Posted by YLR33 > 2016-08-28 23:30 | Report Abuse

this is just like d US shale gas industry, development or breakthrough technology bring down the production cost, however when everybody rush to expend capex, then it cause overcapacity, at the end all player lost pant down,

Posted by YLR33 > 2016-08-28 23:45 | Report Abuse

sorry, it is SEEKING ALPHA

Posted by YLR33 > 2016-08-28 23:47 | Report Abuse

SUNEDISION, FIRST SOLAR, TRISONAL all r US company

Posted by BRITISHEMPIRE > 2016-08-29 00:02 | Report Abuse

Dear o dear so many people on here just do not understand 5 years ago you did not have a Paris accord that tells 200 countries they most embrace and expand the solar installations by law. It is not a choice all solar panel companies now have 200 countries lined up having to buy panels ! I am even thinking about setting up a company myself to sell to all these new customers ! A new world is dawning and you are ethier part of it or one of the negative people above who have already sold their Solar panel shares and will be regreting it when the profits are pooring in next year !

Posted by BRITISHEMPIRE > 2016-08-29 00:12 | Report Abuse

Tek Seng panels are also much more efficent than Sun Eddisons panels so no comparison. More efficent lower price which is why all orders are filled into first quarter 2017

Posted by Izam_mahathir > 2016-08-29 01:29 | Report Abuse

There is glut if high supply and low demand.do solar power have low demand?
http://pvmarketalliance.biz

Posted by leechen88 > 2016-08-29 04:49 | Report Abuse

izam ...well done. very good sources. target rm2 by year end if TS can give more dividend in the coming quarter.

Posted by YLR33 > 2016-08-29 05:28 | Report Abuse

Wat is d tekseng efficiency compare compare to sun Edison ? Have figure

Posted by YLR33 > 2016-08-29 05:32 | Report Abuse

Sun Edison bankrupt just recently not five year ago. One of the reason sun Edison fail is because German reduce d solar subsidies

Posted by optimus9199 > 2016-08-29 06:28 | Report Abuse

I need some clarifications here :

Is TS involve in production of solar energy or just solar panels?
What about VSolar, another listed company? Why isnt it performing well?

Posted by leechen88 > 2016-08-29 07:19 | Report Abuse

lohh vsolar involves power generation business . TS pula do manufacturing lah .

Posted by Tai KT > 2016-08-29 07:56 | Report Abuse

Read the highlight on 15/5/2016
http://klse.i3investor.com/blogs/noobnnew/96521.jsp
Last paragraph told TS solar efficiency achieve 17％. Consider high compare to others.

Posted by hasimdaud > 2016-08-29 09:26 | Report Abuse

slaughtered time

Posted by gusheng > 2016-08-29 09:43 | Report Abuse

waiting it drop below 1.20 then enter

Posted by vzcb1t > 2016-08-29 09:53 | Report Abuse

Any bad news? Why keep going south?

Posted by disagreedog > 2016-08-29 10:14 | Report Abuse

one of the director kaput and loss money in genting

Posted by resilient911 > 2016-08-29 10:28 | Report Abuse

run?

Posted by disagreedog > 2016-08-29 10:33 | Report Abuse

i think thats the best option. i m running now too. queueing to sell and probably enter back at below 1

Posted by BRITISHEMPIRE > 2016-08-29 11:09 | Report Abuse

Obviously no one above looks at fundermentals or they would be buying at this opportunity , of course the price will lower the company just converted warrents to shares ! This means they are in a strong position to do so.

Posted by dragon1 > 2016-08-29 11:24 | Report Abuse

YLR33 - well said.

I suggest you go to talk with your friends in the Solar industry rather than looking at some "written report". Else, may refer to the following. Definitely , you may noted 1 similar thing....most of the solar stock are in downtrend when DJ is at record high.


first solar:
https://www.google.com/finance?q=NASDAQ%3AFSLR&ei=CafDV8GTOITYugS9jqDoDQ

sunpower
https://www.google.com/finance?q=NASDAQ%3ASPWR&ei=EqfDV5CeENXmuAT40KbQBw

solar city
https://www.google.com/finance?q=NASDAQ:SCTY&ei=U6nDV_DFItKvuATwmovgBg

canadian solar
https://www.google.com/finance?q=NASDAQ:CSIQ&ei=U6nDV_DFItKvuATwmovgBg

Posted by mmk79 > 2016-08-29 11:24 | Report Abuse

Why throw this good counter?? Don't be disturbed by the noise.

Posted by resilient911 > 2016-08-29 11:26 | Report Abuse

1) Trade receivables fall from 40kk to 35kk (12.5 percent fall)
2) Inventories increase from 52kk to 91kk (75 percent up)
looks like bad sign for next quarter...

Posted by BRITISHEMPIRE > 2016-08-29 11:46 | Report Abuse

What you are missing is they have already sold everything into the next two quarters and beyond

Posted by BRITISHEMPIRE > 2016-08-29 11:47 | Report Abuse

Best thing is you sell your shares at a loss and stop complaining and we buy at a discount thank you .

Posted by BRITISHEMPIRE > 2016-08-29 11:53 | Report Abuse

One other thing you have all missed Usa and Canadian solar industry companies have a huge disadvantage over a Malaysian company and that is due to currency. It is a very good time to export from Malaysia due to the weakness of the ringgit also as the largest supply of Silicon in the world is in Sarawak no import costs in dollars for Tek Seng !

Posted by BRITISHEMPIRE > 2016-08-29 11:54 | Report Abuse

Like I said look at fundermentals and they are not just written reports they are all around you.

Posted by Izam_mahathir > 2016-08-29 12:52 | Report Abuse

When pv is cheap thats a good thing for solar energy to going mainstream.mid class will taste the energy from the sun and it will be huge

Posted by Tai KT > 2016-08-29 13:38 | Report Abuse

the cheaper PV will flash out some incompatitive player. same like air line industrial, when AA earn and other loss. I confident with TS. good company will survive and grow.
I look at the price, look like big gun behind are controlling the price. price may press deeper if it break 1.18 or rebound very soon if the price stay support at 1.2.

Posted by erkongseng > 2016-08-29 13:48 | Report Abuse

投资多看正面，少看负面消息，从过去交易经验，公司2016年Q3,Q4和2017年Q1良好业绩将反应在下来的股价，趁低吸收。

Posted by BRITISHEMPIRE > 2016-08-29 14:13 | Report Abuse

https://www.tokuyama.co.jp/eng/ir/management/malaysia_pj.html

For all those that do not know the above link will explain that Malaysia produces the purest silicon and must cost effective for the production of Solar cells and as it is sold in Malaysian Ringgit no high import costs !

Also the Malaysian government supports any company involved in Green Energy with incentives.

Maybe the smart ones out there are starting to understand why Tek Seng can not be compared with failed overseas solar companies and are a very strong force in the industry with so many advantages.

Posted by erkongseng > 2016-08-29 14:20 | Report Abuse

買7200 m1,23 ,未來我国家中装太阳能电池市場很大。