NEW TARGET PRICE 1.68 FROM CIMB BUY CALL

[08:47,

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

They had some of the land applications pending approval for developement but have all just been approved so no more delays on construction at there new projects. This translates to good quarters ahead !

FINALLY PEOPLE ARE AWARE WHAT A BARGAIN THIS SHARE IS !

BUYING MORE SOON 1.50 THEN UP TO TARGET OF 1.90

BUY BUY BUY WHILE CHEAP !!!

Very strong but low price and cash rich and all applications now approved

Extract from the latest issue of Focus Malaysia:

Land & General Bhd (L&G) is gaining investor interest with its huge cash pile, attractive dividend yields and relatively undervalued position.

The company’s cash position of RM533.6 mil as of end-June is seen as attractive compared to its market capitalisation of RM440.4 mil as at Aug 30.

“With that net cash position, it is almost like buying the company for free,” says a fund manager.

In addition, the company’s long-term prospects appear bright with more than RM3 bil worth of on-going and future projects in the pipeline. Investors are also said to be waiting for the company to unlock some of its assets.

“We have got all these hidden jewels in the centre of mature developments which are ready to launch at any time.

“With our available cash, we will probably look at bigger land acquisitions to develop townships,” chief financial officer Wong Keet Loy tells FocusM.

As of end-June, the company had cash and short-term funds of RM533.6 mil, while total borrowings stood at RM83.1 mil.

http://www.bbc.com/news/world-asia-china-37265541

Now the two big countries have commited the sales of Solar products will have a HUGE market where it is the law to have to buy renewable energy producta and no longer a choice !

Prospects are excellent due to the future increased demand from the new Paris Climate accord 200 countries have to spend 100 billion us dollars a year buying Solar panels and wind turbines HOW CAN THEY FAIL TO MAKE MONEY ?

I used to work for Virgin group this was also standard practice say Virgin Airlines went bankrupt it would not affect Virgin Media or the other 100 or so companies in Virgin group as they are independent seperate accounts etc etc

Everyone is mis undertanding Solar tech Taiwan is a different market and is paying corporate tax to the Taiwan government nothing to do with Malaysia on top of that Malaysia can sell panels to the USA and Taiwan can not ! That is one of the key reasons Taiwan company sales have slowed they have restricted market.

No two seperate companies Solartech BHD is a subsidery of Tech Seng, independant of both Tech Seng and Taiwan therefore only based on Malaysian company performance. Best way to give an example is Air Asia India and Air Asia Malaysia independent companies if one fails the other is unaffected. This is business how it has been done for hundreds of years.

And now I see Mohd Fahmi Bin Jaes posts SOLAR TECH ENERGY results BUT NOT TEK SENG results they are a different company located in another country ! That is like comparing Ryani Air results with Air Asia and then selling Air Asia because of the bad results with the other airline ! Just as well you sold your shares as you have no idea what you are doing.

In addition to the above it should be noted that as Great Britain made the wonderful decision to Brixet it will allow Tek Seng to sell to Britain with no European Taxes ! Another advantage for Tek Seng as Malaysia already has a trade agreement with Britain but was subject to tax tarrifs due to Britain being part of the useless EU !

I should know I am British and negotiate the trade agreements.

In response to the chinese article above addressing a slow down in Taiwan markets and Chinese market.

It is obvious that you are not aware that these two countries and any Solar companies located in these countries are banned from selling into the North American countries and therefore rely on domestic and European markets only for which they have additional taxes in the European market as there is no free trade aggreement. Tek Seng has no such limitations and is free to trade with all countries including China and Taiwan. Again I do not know why you are comparing Tek Seng with Taiwan and China as they are not Equal !!!!!!!

If you know anything about solar markets tou would know that solar tech is a completely different market ! I have no idea why you compare these other companies they are in different countries and have none of the advantages that Tek Seng have ie currency week therefore cheap to buy from overseas , Green incentives from MIDA Malaysian government which allows for refund of expansion costs that they are just completing and then tax incentives on there sales if that is not enough then they have access to the purest silicone supplies in the world which are in Sarawak so are paid for in local currency ! NO IMPORT CURRENCY COSTS !

AGAIN LIKE I SAID DO YOUR RESEARCH AND LOOK AT FUNDERMENTALS INSTEAD OF COMPLAINING.

BUY BUY BUY As I have said before fundermentals excellent can not fail long term

Three million shares purchased by the Boss of the company signals a BUY signal for sure

The boss will of course buy at this low price he knows how good the company is, I expect he can not believe all the sellers that have been on here recently and I like him will buy at this low price and wait for the profit to roll in and the share price to climb up.

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.

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

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 !

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

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

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.

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

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 !

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.

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.

At the end of the day Dragon 1 if you do not like the share do not buy it

Yes exactly into 2017 not full 2017 as you stated one day into 2017 is 2017 why do you want to read something that is not there ? For me the fact they have sold until 2017 is very good they know what they are selling until next year how many companies know that

Who said they were sold into 2017 only you it clearly states until 2017 and for the buyers I suggest you contact the company but doubt they would disclose that info do you ?

Just read the above link the two key points are that solar panel demand will double by 2020 and Tek Seng production will double by the end of the year , in addition they have sold all the production until the end of year.

The only surprise to me is that anyone has been selling this share can only assume they never read the fundermentals of the shares but thanks to them I have been.buying more and more at a discount !

http://www.thestar.com.my/business/business-news/2016/07/18/tek-seng-counts-on-solar-cell-business/

http://www.thestar.com.my/business/business-news/2016/07/18/tek-seng-counts-on-solar-cell-business/

Most of the information is in the above link it can be researched by any broker or if you know where to look. Also use logic and take intonacvount that 200 countries in the world have agreed to replace at least 30% fossel fuels with renewable energy such as SOLAR and you start to see the future in any company producing panels an unlimited future supply of customers requiring panels not to mention the fact that the developed world sponsors both purchase of the panels and installation and then even buys back the energy they produce to be used by the national Grid. I come from a country that has done this for 3 years before they were told they had no option now the rest of the 200 countries that have signed also have to do this. Why do you think Tek Seng have invested so much into the company to increase production by so much ? Only because they have already sold the pannels and have many more customers waiting to buy. I know several large companies in Europe that would love to buy the panels and can introduce Tek Seng to those companies personally if they happen to be reading this forum ? The more you sell the higher my shares go up so please get in touch incomsecworldwide@yahoo.co.uk

SkyZ not sure what a spunner account is but I am who I am and I know what I know if you choose not to listen that is your choice.

Actually Squirtie I agree with you on the latter point in regards to confidence in Malaysias Capital markets that is why I choose wisely and invest for the long term on a select few stocks currently I own just two Sarawak Cable and Tek Seng just for the fundermentals and potential out look. As far as directors are concerned none of us can control that but most of the companies you listed above are linked to the Government or political and those I avoid like the black death. You can research which shares are political linked and avoid them also good luck.

SQUIRTLE I think you have just explained why you are not rich you are investing the wrong way !

Look at the fundermentals and the long term and remember Sarawak Cable is the only HT cable producer and installer in the country which gives them a huge advantage when tendering jobs as they have no competition also in regards to the Pan Borneo Higeway when that gets underway just think of all the new electrical sub station it will require and where do you think those will come from oh yes now you see the potential right ?

IT is all about everyone only seeing short term and not long term when the profits start coming in later in the year investors will all wish they had purchased when share price low but instead they will buy in much higher which is the norm these days.

Another example of long term investment is my pension I invested a lump sum 20 years ago today it is worth 500% more than it was then but the first 6 months it was worth 35% less !

Only the investirs that look at fundermentals will understand the potential of this stock it will repay in first quarter of 2017 when the additional production starts to pay for the cost of the additional investment ! You have to understand it never happens overnight. When everyone was selling AirAsia I purchased at .80 sen a share wveryone panic and sell I held until 2.75 over 300% profit why because I looked at fundermentals and knew that when they were no longer paing $100 US a barrel of oil the running costs would drop by 70% and be reflected and that was exactly what happened. The same will happen for Tek Seng but not next week or the week after or even the month after why because they have to start the extra production for which they have invested in new machines and factory space which is why the bottom line on the last report is lower because they have used the profits to reinvest instead of taking the money out of the company this is what Virgin is doing which is why they are so successful around the world. Invest for the future and not tomorrow and you will be rewarded !!!!!

Fundermental link above exactly as expected

http://klse.i3investor.com/blogs/discoverychannel/102957.jsp

Skyrider look at the Fundermentals and the fact that they have already pre sold ramped up production into 2017 that is what counts! It is all about production capacity and how much they can sell. They have already sold 100% into 2017 !!!!! At high price.

Just do the Math they already know they will make money and they know how much profit companies like AirAsia can only guess at what the future sales will be but everyone buys the shares HHHMMMM .

Appologies for that and noted thank you for the tip.

JUST ADDED ANOTHER 200,000 SHARES AT THIS RIDICULOUSLY LOW PRICE, THANK YOU SELLERS !

WELL SAID RUFFER I CAN SEE YOU HAVE READ THE SAME FUNDERMENTAL REPORT I HAVE JUST A SHAME WETMARKET ONLY READS OVERSEAS REPORTS ABOUT COMPANIES AND MARKETS THAT HAVE NO EFFECT ON A MALAYSIAN COMPANY UNLESS OF COURSE THEY ONLY SOLD TO CHINA HA HA

WETMARKET PLEASE PROVIDE ENGLISH ARTICLES YOU BLAME AND I WILL GLADLY READ THEM. NONE EXCIST

WETMARKET IF YOU CAN READ THE FUNDERMENTALS OF TEK SENG YOU WILL SEE IT IS A MALAYSIAN COMPANY MAKING PANELS SOLD ALL ROUND THE WORLD MARKETS NOT JUST DOMESTIC.

STATE FACTS NOT MIS INFORMATION