Log in to CIMB itrade account and click on research page AppAsia BUY TARGET PRICE .49

SOLARTECH REVENUE IS NOT TECH SENG REVENUE NOT EVEN THE SAME CURRENCY SO IGNORE THE USELESS FIGURES

SOLARTECH IS NOT TEK SENG ! when will anyone understand that overseas companies results do not reflect the results of an independant Malaysian company such as Tek Seng !

This blog is full of fortune tellers and half will be wrong ! No facts just guesses what a waste of time.

Unless the people shouting sell sell can foresee the future I would suggest everyone ignores all sell calls and invests for the long term like I have.

ONCE ALL THE WEAK HOLDERS SELL AND THE BUYERS OVERTAKE IT WILL SHOW IT'S POTENTIAL !

In reply to above posting by Adamdacutie what you said tells me this is a well managed and well run company that is not wasting money by paying pointless OT good for Tek Seng !

adamdacutie TS workers revealed they re not allowed to do OT but still runs on shift. old workers re all retained and the retrenched re new.. Management are stringent in controlling the expenditure
15/02/2017 15:20

I TOLD YOU ALL ! HAVE FAITH

http://www.solardaily.com/

Sorry I meant American companies opperating in Malaysia will incure large tarrifs importing appologies for the typo.

Cancellation of the Trans Pacific Partnership will be a good thing for Tek Seng as it will keep the price higher in Asia due to restictic trade with America and the same tarrif will apply to all companies which will be fair. Also any American companies opporating in America will suffer large input Tarrifs that they do not presently incur.

ALWAYS A POSITIVE FEOM EVERY NEGATIVE JUST NEEDS TIME

Please note

WAHAHAHA you are acting like a child please get a life and go and play somewhere else instead of jamming up this forum with your constant babble about nothing.

I agree with I AM THE BOSS , This forum is supposed to be for sharing facts and ideas yet too many uninteligent and non educated use it just to manipulate the price of shares by praying on shareholders who do not know about the business they are invested in.

CHEESEBURGER Ringgit is weak to all currencies in the world when TS export it means they are able to benefit on that fact also they have huge Tax Incentives from MIDA Malaysian Government in contrast all American companies where ever they are located in the world are taxed by the US revenue service huge corp taxes and they do not have tax breaks so they are at a substantial dis advantage. Trust me I am involved directly working with overseas companies who come to Malaysia to benefit from the MIDA tax incentives for doing business here but the one Country that has a problem is the USA even if they take advantage of tax incentives here they have to pay full taxes in America as if they were located in America. I worked in America in corporate contract law for 5 years.

TEK SENG has something very unique currently with tax incentives and currency weakness and a newly upgraded plant the next piece of the jigsaw is the Paris Climate accord which is expected to increase solar panel demand by 1000 % over the next 5 years.

In Great Britain we are taught to look to the future not to the past that is why we get things done !

One last thing Cheese burger if you are so negative about TS why not just sell the share and move on in your life but do not cry when in two years TS is at 2 ringgit and unable to keep up with demand !

The future is Bright !

CHEESEBURGER please stop comparing American Solar companies with TS unless you think TS are located in America ? American Solar companies are suffering due to the strong dollar which makes them unable to compete on exports where in contrast TS benefits on the strong US dollar as it is making more profit on any sales in US dollars.

A very valid point Fresh Investor as TS are a holding company involved in many areas one of which is PVC and furniture coverings and everyone will allways demand furniture and PVC no slowdown their !

Actually all these panic sellers have not done the homework on this share they just keep comparing to American Solar Companies which is ridiculous as any American company whatever industry they are in is suffering due to the high US dollar as it makes it impossible to be competative when selling overseas which actually is the complete opposite for TS as they are a Ringgit Malaysian company and the weaker the ringgit is the more money they will make in profit when selling overseas !!!!!!!!

Start doing your homework and understand the markets before you make sell calls on here which is the complete opposite of what you should be doing when the ringgit is weak buy buy buy as THIS IS AN EXPORT COMPANY !!!!!!

YES TITUS YOU ARE CORRECT NO LOSS HERE ! Unlike all these short term panic sellers I look at the long term, I am working with international governments and dealing with the Paris accord on climate change. With all the new requrements on renewable energy solar panel sales will be at an all time high over the next few years and because most solar companies have scaled back there production they will struggle to keep up with supply ! TS however are better positioned as they have continued on there production facility upgrade and now have all their new lines ready for when the demand increases which is good planning and will give them a big advantage when things turn around and they will. When all the sellers say if only I had held my TS shares when they are at 2 ringgit a share I will be saying TOLD YOU SO!

Same thing happened with AirAsia everyone said sell at .77 but I held and sold at 3 ringgit and said told you so !

Thank you sellers !

What is real is the future will need a lot more Solar panels what ever the proce and the Ringgit weakness means Tek Seng will make more profits when selling overseas and they sell 98% of their product overseas so work it out !

I have made no loses as I have not sold and unless you are stupid you would understand that. I purchased Airasia at 1.40 and then it Dropped to .77 did I listen to all the idiots saying sell sell sell no I purchase three times as much at .79 and then sold at 2.90 and I said Buy Buy Buy so if you listened to me you will be rich if you listen to Titus you will lose money.

Message for Titus.........

AS I SAID BEFORE THIS IS AIR ASIA ALL OVER AGAIN ! PRICE COLAPSE FOR NO REASON OTHER THAN IDIOTS SELLING ON RUMORS AND THEN WHEN PEOPLE SEE THE POTENTIAL BUY BUY BUY

Write a comment..Market outlook
In the wake of overnight rally in Dow and oil prices, KLCI may continue to trend sideways with an upward bias today, supported by positive expectations of Budget 2017 and the readiness of BNM to support economic growth via easing.
Trading idea. We recommend TEKSENG today as severe downside risks are ebbing, implying potential rebound amid undemanding FY17 P/E of 8.2x, steeply oversold levels, tapering selling pressures and with the uptick of the MACD histogram. A decisive breakout above RM1.00 will lift prices towards RM1.06-1.13

Hello GZulu yes sign me up

And now Solar panek prices are increasing as well so glut over and Tek Seng is all ready to commence start on it's new production line.

Told you all

http://pv.energytrend.com/price/Prices_in_China_PV_Market_Rebounded_in_Late_September_PV_Taiwan_Will_Be_a_Predictor_of_Future_PV_Demand.html

Leonardo nothing fishy about boss buying before quarter result that should tell you boss expects result to be good and wants to buy while price low !

Big Story on page 16 NST all about Malaysia investing into solar !

No one Has lost unless they are stupid and sell if you keep abd wait for next year when the requirement for solar tripples you will then all be happy shareholders. And not complaining all the time.

Ar last some other people who understand the outstanding potential of the company !

SKYRIDER AND DRAGON 1 you purely show your IGNORANT and STUPID nature by your insults. Please sell your shares and move in to your place at KINDER GARDEN.

Do you think they would keep the Lazy workers ? They will be the swlected ones for redundacy always get rid of the less productive workers and keep the best. Any good manager worth his salt will follow that procedure.

Gentleman let us look at Tek Seng from a business perspective as I do , the company has now rid itself of all the lazy workers but kept the 500 + good ones the plaint expansion is all installed and ready to come on line as demand allows meanwhile they are not paying excess staff to sit around doing nothing and in addition the redundances will be an incentive to the remaining 500 + workers to do a good job or face redundancy. As the Paris accord next year ramps up demand for solar to levels never before seen then Tek Seng will be at full production and unable to make enough panels for dwmand.

What you must all remember is nothing happens overnight it will be a gradual share price rise well over 2 ringgit in a years time and potentially 3 or 4 ringgit as people understand the only way this planet will survive is by switching to renewable energy such as solar and wind !

I will be holding my huge amount of shares for the long term when I can obtain 400% returns as far as I am concerned the news of the redundances told me a very important thing and that was this company is well managed with a good product and diversified in the PVC areas as well what better combination can one hope for.

We are just fortunate that all the panic sellers that have no understanding of good business have allowed us to average down our holdings to this bargain price that the share stands at today.

And thank you Tek Seng for making redundant all of the rubbish that will not be productive in growing the company and thank you for confirming in your statement that you are commited to your shareholders which is appreciated.

One word from me BUY

Incidently in my capacity as a CEO in London this whole situation tells me Tek seng has very smart and good management who when wmploying protect themselves with strong contracts to enable the company to restructure as required. This is exactly what we do in England and allows efficient and productive long term success of a well run company. In short I am impressed by this management.

The company purely invoked the legal terms of the contract which they are entitled to do !

Yes correct they did inform the Labour department all employees had signed a short term contract with 24 hr notice clause as long as compensation is paid whicj it has been. A contract works both ways the Employees if reading before they signed would see that all these clauses are in the terms. Of couse they did not have to sign but that would mean they would not take up employment. Tek Seng has at all times been following there legal requirements as confirmed by the labour department. I contacted the labour department directly and asked these questions. The labour department are very happy that the contract has been followed and no breach has been made and indeed the company had planned all along to have these workers only on ahort term with a 24hr opt out when they no longer required there employment. Maybe the workers should read what they sign.

Just for everyones info only 11 of the workers were long term workers the other 240 were contract workers only on a short term contract as were not required long term this was the original plan. Company continues the expansion plan.

All I can say to all those panic sellers is thank you I just purchased 150,000 shares at 1.04 compared to 1.30 a few days ago it seems like Air Asia all over again ! All the panic sellers drove that down to .77 I brought at 87 and sold at 2.76 thank you very much indeed. Malaysia is full of shareholders who sell and buy on rumours instead of fundermentals.

BUY BUY BUY

Tekseng
Author: Olga | Publish date: Fri, 30 Sep 2016, 08:31 AM

​A Wave Across Penang
Tek Seng Holdings Berhad



Tek Seng Holdings Berhad ("TekSeng") was incorporated in Malaysia under the Company Act, 1965 on 10 May 2002 as a private limited company under the name of Tek Seng Holdings Sdn. Bhd. On 16 May 2003, it was converted to a public limited company and assumed its present name.

TekSeng was listed on the Second Board of Bursa Malaysia Securities Berhad on 2 November 2004. On 22 September 2006, TekSeng was successful transferred from the Second Board to the Main Board of Bursa Malaysia Securities Berhad.

TekSeng is an investment holding company. Its subsidiaries are principally engaged in manufacturing and trading of polyvinyl chloride related products and PP non-woven products and letting of properties.

The Group has a track record of more than 30 years in the plastics industry with the late Loh Phah Seng @ Loh Boon Teik as the original founder until 1989, when Loh Kok Beng, his eldest son took over the management of the business.

TS Solartech Sdn Bhd (920573-K)
Plot 320, Jalan Perindustrian Bukit Minyak 8,
Penang Science Park Bukit Minyak, MK13,
14100,Seberang Perai Tengah,
Pulau Pinang, Malaysia
Founded in 2010, located in Penang Science Park Malaysia, TS Solartech is dedicated to the research, development, and production of high-quality solar cells, modules, and PV system. The company strives to become one of the world’s leading solar supplier through continuous innovation, outstanding processes, high yield rates, and world- class product efficiencies.
TS Solartech was established as a subsidiary of Tek Seng Holdings Group, a well-established PVC products manufacturer for over 30 years. Since 2010, TS Solartech has become the first Malaysian-owned company that inked contract with German leading solar equipment maker and equipped with the first automatic solar cell-manufacturing equipment in Malaysia. Under its leadership, TS Solartech is committed to provide a clean and effective solar energy with affordable price for a sustainable world.
From the beginning of its production in June 2012, TS Solartech has been working tirelessly to boost the output and efficiency. As of 2015, TS Solartech has achieved a yield rate of 98% with an average conversion efficiency of 17.8%. TS Solartech plans to continue expanding its production capacity in order to achieve greater economies of scale as well as being more competitive.
As an international manufacturer, TS Solartech consistently provides premium quality solar cells, with outstanding delivery, reliability and a competitive price. By upgrading its product efficiency and service quality, TS Solartech constantly supplies state-of-the-art crystalline solar cells to prominent international module manufacturers worldwide.
At TS Solartech, it is essential to focus on establishing long-term supplier relationships with major international makers. In the future, TS Solartech will be forming strategic alliances of upstream polysilicon wafer makers together with downstream module manufacturers and system integration distributors, in order to enhance its competitiveness through vertical integration and to create value for the entire supply chain.

EXACTLY

Good management to reduce overheads by cutting back people which is what all companies and govenments should do but do not.

s
Posted by Woo John > Sep 28, 2016 10:26 PM | Report Abuse

Can't understand guys here in forum repeating again and again TS not worthy to invest. It's sound management to cut cost and maintain company viability operation. And to pick up when business orders resume. I'm sure TS will be well compensated when contact is cancel or postpone. Guys your intention to press share price is done now time to let market decide thereafter. Dun tell us you guys so generous about workers welfare

Optimus as you are an Itrade user log in go to the Trendspoter section click on the 7th September report and you can read the whole Buy info and target price of 1.68 of Tech Seng

Look in todays Star Biz page 6 BUY CALL TP .84

NEW TARGET PRICE 1.68 FROM CIMB BUY CALL
07/09/2016 09:27

Trading Stocks today:

The following information is extracted from CIMB Research Report. For the full research reports and disclaimers, please logon to your account on www.itradecimb.com.my and click on 7th Sept

Tek Seng Holdings (7200) (RM1.28): Buy
Target: RM1.68
Cut loss: 1.20
07/09/2016 09:26

OPTIMUS I Have already copied and pasted the buy call from CIMB earlier but I will do it again just for you below......

Exactly what I have said Joni very pleased at least one other person understands, when the profits start to come in at the end of the year they will all wish they had brought at this price !

OPTIMUS BEFORE YOU CALL ME A LIER SPEAK TO CIMB AND CHECK

Above the CIMB BUY CALL ON TEK SENG for all those that keep asking TARGET PRICE 1.68