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(Spencer88) TEKSENG (7200) Staff Retrenchment.持有德成控股TEKSENG(7200)的股友们请注意！德成控股TEKSENG (7200)无预告大量裁员。

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Publish date: Tue, 27 Sep 2016, 12:54 AM
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温心提示，请所有持有德成控股TEKSENG (7200)的股友们请注意，由TEKSENG所持有的50.69%的子公司TS SOLARTECH SDN BHD今天无预告地在下午2:15 p.m. 发出了裁员通知信，裁员的主要原因和详情并没有实际说明，但是涉及在裁员信里的员工主要是来至第四条至第六条的太阳能电池生产线，受牵涉的员工多达二百多名。由于裁员的原因目前还不清楚，所以笔者对此还是有所保留。由于TS SOLARTECH SDN BHD将于年尾从原有的七条生产线增添至九条生产线，但是以目前的情况看来不是很乐观，因此增加至九条生产线的目标将面临着一定的挑战。此消息将会如何影响股价最后还是要由市场来定断，因此大家要谨慎看待。

买卖自负。

最后也请大家多多支持笔者的专业，笔者也会尽我所能提供大家第一手的消息！谢谢。

笔者也有在写个别上市公司的研究报告，有兴趣的话可以联络我以索取更多的详情。

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spencer88management@gmail.com

 

To all the shareholders of TEKSENG (7200), a major retrenchment has hit Tek Seng's 50.69%-owned subsidiary TS Solartech Sdn Bhd. Apparently, the sudden announcement of retrenchment has caused more than 200 employees out of job and most of them are belong to the production line 4 to production line 6 of the manufacturing of solar panels. During the year, the group is having a total of 7 production lines, of which three will be fully operational in September, and the group has mentioned that two more production lines will be added by end of 2016, which will increase the total number of lines to nine by end of this year. However, the retrenchment might result in plan delay or cancellations. I do not know how badly this news will affect the share price of TEKSENG, it's all up to MR.Market to decide.

Disclaimer: Use this information at your own risk.

 

Feel free to contact me and share your opinion with me.

I am writing analysis report on listed companies on bursa as well, please contact me for more info.

spencer88management@gmail.com

https://www.facebook.com/quantuminvestmentresearch/

 

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Discussions
1 person likes this. Showing 22 of 22 comments

VenFx

What the heck is this ?

2016-09-27 01:04

tales029

God bless this

2016-09-27 03:02

master_tan

solar cell is not really as profitable as we thought

2016-09-27 07:18

Beza

Always remember China exports its products everywhere.

2016-09-27 08:35

Bruce88

Some indications of our economy..not a good sign !

2016-09-27 08:40

Op3rs

oversupply i guess

2016-09-27 09:01

moneySIFU

Even cost become cheaper due to depreciation of RM also can't help to retain those MNCs, something to think deep.

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In July, it was reported that American hard disk maker Seagate Technology Plc and computer data storage firm Western Digital Corp (WD), would be relocating the bulk of their operations to Thailand. Seagate's Penang facility is said to have over 3,000 Malaysian staff, while WD was expected to lay off 400 Malaysian staff and 800 foreign workers from its Penang manufacturing site.

Read More : http://www.nst.com.my/news/2016/09/176226/another-wave-retrenchments-hits-penang-manufacturing-sector

2016-09-27 09:21

Mat Cendana

This was written during the night and before the market opened. Good job by @Spencer88 who was alert to this.

2016-09-27 10:59

Mini Bull

Fundamental not strong company

2016-09-27 11:00

Mini Bull

can said as
goreng company

2016-09-27 11:01

MuttonCurry

Warrant on line tomorrow ... u still expect up kah ? Only way turn around is for mgmt come out with statement on production line forward view. The previous annual report on forward demand appears to be tipu2 oledi.

2016-09-27 11:03

Mini Bull

the 9 production lines is for window dressing

2016-09-27 11:08

Mini Bull

真真假假

2016-09-27 11:10

titus

i just hope those retrenched staff find a job soon. Not easy to find work outside nowsday. I have friends that has been laid off since January and still not securing job.

2016-09-27 13:19

Johnnys

Funny Company, Only 1 production line from day 1 until today, but said got 9....

2016-09-27 13:21

Johnnys

you can try call their Penang factory, One china Girl pick the phone, you will never reach or communicate other than her.

2016-09-27 13:22

mamatede

Very sad for the worker, however through retrenchment only will they cut their bottomline cost.. which in turns lead to leaner operations and lower cost and higher profit.

2016-09-27 15:46

asdf

Do they have workers union?

2016-09-27 16:02

cckkpr

Union also no point. Take money and go elsewhere. What to fight. No business and no profit. Union only delay the inevitable. Good luck.

2016-09-27 16:21

Benjamin_8888

Hope all retrenched staff will get a new job asap

2016-09-27 16:35

Unicorn_park

Best case - Maybe the company became more technologically efficient in production.

Worst case - The world economy may have reached the point of maturity where demands stalling and declining. So cut cost to maintain profit compromising product quality.

2016-09-27 16:39

danny_dsk

workers in electronics industry rarely have union backing them...manpower lay off is also a common scene in this industry.

2016-09-27 17:31

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