Posted by Eric Fong > 2018-11-16 00:21 | Report Abuse

Might take advantage in future solar plan by government

Posted by KSL5242 > 2018-11-16 22:46 | Report Abuse

How much tekseng can get from the 2billion?

Posted by Eric Fong > 2018-11-17 17:06 | Report Abuse

Not sure if they interested in solar business again...

Posted by LKC003 > 2018-11-19 09:53 | Report Abuse

Being local, tekseng has good chance of getting a slice of the 2 billon solar energy cake early next year. Solar cell is one of their core businesses. Not surprising that the share has been going up lately

Posted by Bijan > 2018-11-19 17:52 | Report Abuse

Trap. TS already sold their Solar related business. Someone want to run away...

Posted by Bullkobear > 2018-11-22 21:50 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5858525

Posted by cooldownguy86 > 2018-11-24 16:08 | Report Abuse

Likely upcoming qtr no more impairment. Pvc biznez abt 3mil profit. Eps 1 cent

Posted by cooldownguy86 > 2018-11-26 18:42 | Report Abuse

Lucky sold this morn

Posted by M16s > 2018-12-13 00:21 | Report Abuse

Any one still hold this share since last year?

Posted by lchml26 > 2018-12-13 00:24 |

Post removed.Why?

Posted by wiseinvest > 2019-01-08 20:07 | Report Abuse

Coming quarter report will be good....

Posted by DickyMe > 2019-02-09 12:39 | Report Abuse

Why?

Posted by skyrider > 2019-02-09 22:10 | Report Abuse

Solar production already stopped since 17 sept 2018, so no more bleeding.

Posted by skyrider > 2019-02-09 22:25 | Report Abuse

Director Loh kept buying company shares from open market since 28 Aug 2018.
Time to relook at ah seng, especially since it is now at/near bottom.

Posted by skyrider > 2019-02-09 22:35 | Report Abuse

Furthermorr at price 24.5 sen and dividend 1 sen, dividend yield is 4.08%, better than fd.

Posted by skyrider > 2019-02-09 22:49 | Report Abuse

With the profitable pvc sector and selling of solar power, ah seng is worth at least 30 sen, now price is cheap.

Posted by DickyMe > 2019-02-15 12:00 | Report Abuse

Thanks for the info.

Posted by Dsn Kh > 2019-02-19 14:22 | Report Abuse

http://www.theedgemarkets.com/article/yeo-bee-yin-malaysia-opens-tender-rm2b-largescale-solar-power-projects#.XGZmxwpo7rI.facebook

Good for tek seng??

Posted by ming > 2019-02-19 14:27 | Report Abuse

Still got solar business meh

Posted by nkk53 > 2019-02-20 17:56 | Report Abuse

Cancer tumour of solar had been removed.Any idea on full impairment cost?Other segments looks ok.

Posted by Winmore88 > 2019-02-27 12:39 | Report Abuse

probably will fly

Posted by DickyMe > 2019-02-28 17:50 | Report Abuse

"
skyrider Furthermorr at price 24.5 sen and dividend 1 sen, dividend yield is 4.08%, better than fd.
09/02/2019 22:35 "

Now most banks promote FD with more than 4.25%...kikikiki

Posted by skyrider > 2019-02-28 22:20 | Report Abuse

Thanks for the info.

Posted by eklim65 > 2019-03-08 13:10 | Report Abuse

It's time to start selling this non-performing counter.

Posted by Player46 > 2019-03-08 14:22 | Report Abuse

when the dividen will be release???

Posted by DickyMe > 2019-03-08 16:57 | Report Abuse

Where got dividend from loss making company? You dreaming or newbie?

Posted by commonsense > 2019-03-22 10:40 | Report Abuse

Initially, I was hoping that the temporary closure of the solar panel business would help reduce the losses and potentially return back the company’s bottom line to profit. This is because the PVC division has always been able to deliver a profit to the group of more than RM10mil. So, if the losses of the solar business decrease substantially, investors can actually buy into Tek Seng at a potential PE of only around 8.5x (current market cap of RM85mil/ PVC pat of RM10mil = 8.5x PE). But looking at the 4Q18 result, it does not seem to be the case. Even after excluding the impairments and provisions on inventories, the solar division still recorded a core net loss of RM5mil. Given that the PVC sheet business can only deliver RM1-3mil profit per quarter, the future quarter results for Tek Seng would most probably still be negative.

Even if there is a trade deal agreement between US and China, Tek Seng sales to Taiwan Solartech Energy would still be affected as the tariff on solar panel import into the US is a blanket tariff to all solar panel manufacturers outside of US.

If you are looking to hedge your portfolio outside of Tek Seng (due to its weak earnings outlook), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.5x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.4x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by DickyMe > 2019-04-10 20:44 |

Post removed.Why?

Posted by KSL5242 > 2019-04-25 23:08 | Report Abuse

Director is still keep buying... To stabilize or something going to be happen soon

Posted by DickyMe > 2019-04-27 14:30 |

Post removed.Why?

Posted by leeky97 > 2019-05-28 11:52 | Report Abuse

why the quaterly report not yet come out

Posted by calvintaneng > 2019-06-20 11:46 | Report Abuse

Last time they chased tekseng the big head samseng to over Rm1.00. Now tekseng crashed by 70%

Now new sorchai, water fish, sotong, ikan bilis are chasing greatec like those chasing tekseng at Rm1.00

Later greatec might crash like tekseng and they will also go cry father and cry mother

Posted by Patrick13 > 2019-06-27 17:01 | Report Abuse

Want to buy their story again?

Tek Seng to return to the black this year

BUKIT MINYAK: Tek Seng Holdings Bhd expects to return to the black in the 2019 financial year ending Dec 31.

Group managing director Loh Kok Beng told StarBiz that the group’s first quarter results had already shown improvement over the previous year’s corresponding period.

“The improved sales of polyvinyl-chloride (PVC) sheets to Indonesia, Africa, the Middle-East, and Italy were instrumental in helping the group to remain profitable,” he said.

For the first quarter ended March 31, the group posted RM476,000 in net profit on the back of a RM44mil revenue, compared to a loss of RM2.1mil and RM50mil achieved in the previous year same period.

“This year we will ramp up our exports to Africa, the Middle-East, and Italy.

“Our PVC flooring sheets are exported to 38 countries worldwide.

“We expect the contribution from Indonesia to increase to about 50% this year.

“Currently, Indonesia contributes about 30% to the group’s PVC flooring product business segment,” he added.

Tek Seng will work on maintaining its competitive edge as one of the leading PVC sheet producers in Malaysia.

“We are innovating to penetrate into different segments of the vinyl flooring market.

“We are also enhancing our product offerings to further strengthen our position in Malaysia and other export markets,” he said.

Loh added that the PVC flooring sheet production capacity would be raised by about 10% this year.

“Presently, the PVC production floor is about 80% utilised,” he added.

Tek Seng will start production of polypropylene (PP) sheets in the third quarter 2019 for the stationery market in Europe.

“We have invested in four machines to produce PP sheets,” he added.

According to Loh, the group plans to introduce PVC and PP luxury vinyl tiles (LVT) for the renovation industry in the third quarter.

“We plan to sell the LVT products in Malaysia and Europe.”

“We should see the new products contributing to the revenue in 2020,” he added.

On the solar business, Loh said the group had decided to temporarily cease the operation of the photovoltaic solar business mainly due to unforeseen market uncertainties as well as the demand.

“The photovoltaic solar industry has been facing challenges from price pressure, government unfavourable policies, as well as the implementation of anti-dumping taxes,” he said.

On the group’s trade receivables, Loh said the trade and other receivables as at end of the fiscal year (FY) 2018 decreased by RM7.62 mil or 22.75% to RM25.88mil from RM33.50mil in FY 2017.

“This is mainly due to the settlement of receivables and impairment losses of RM1.32 million,” he added.

The group’s inventories stood at RM40.10mil at the end of FY 2018 from RM55.61mil at the end of FY 2017.

https://www.thestar.com.my/business/business-news/2019/06/24/tek-seng-to-return-to-the-black-this-year/

Posted by Hohup > 2019-07-04 15:40 | Report Abuse

Lets goreng some warrant :)

Posted by Hohup > 2019-07-04 16:37 | Report Abuse

Hihi 100% from 2.5c

Posted by SCT80 > 2019-07-05 10:04 | Report Abuse

ANY GOOD NEW ?

Posted by skyrider > 2019-07-07 20:05 | Report Abuse

Look like my bet earlier is CORRECT !!

----------------------------
Posted by skyrider > Feb 9, 2019 10:10 PM | Report Abuse

Solar production already stopped since 17 sept 2018, so no more bleeding.
----
Posted by skyrider > Feb 9, 2019 10:25 PM | Report Abuse X

Director Loh kept buying company shares from open market since 28 Aug 2018.
Time to relook at ah seng, especially since it is now at/near bottom.
----
Posted by skyrider > Feb 9, 2019 10:35 PM | Report Abuse X

Furthermorr at price 24.5 sen and dividend 1 sen, dividend yield is 4.08%, better than fd.
----
Posted by skyrider > Feb 9, 2019 10:49 PM | Report Abuse X

With the profitable pvc sector and selling of solar power, ah seng is worth at least 30 sen, now price is cheap.

Posted by skyrider > 2019-07-07 20:06 | Report Abuse

GO GO ah seng GO .................................

Posted by skyrider > 2019-07-08 21:32 | Report Abuse

2020 will be a good year for ah seng! GO GO ah seng GO .....................

Posted by skyrider > 2019-07-08 21:36 | Report Abuse

when all the extra contribution is recognised in the QR in 2020, by then ah seng will be at least 40 sen. Those who buy now/recently will be the early birds to reap good profit !!

Posted by skyrider > 2019-07-10 12:30 | Report Abuse

Where is the wahaha now?

I will FULLY support him now if he come to promote ah seng again, like the way he used to !!

Posted by skyrider > 2019-07-10 17:26 | Report Abuse

Renaissance of Tek Seng is COMING ...............................

Posted by boon1515 > 2019-07-10 17:26 | Report Abuse

20,50,200 MA all showing good sign

Posted by skyrider > 2019-07-10 17:27 | Report Abuse

calling calling wahahaha ......... calling calling wahahaha .................

Posted by skyrider > 2019-07-10 18:37 | Report Abuse

As I said earlier "With the profitable pvc sector and selling of solar power, ah seng is worth at least 30 sen", let us see how soon will ah seng reach there! .... and where are you wahahaha ???

Posted by Hohup > 2019-07-10 19:33 | Report Abuse

Woohooo..from 2.5c warrant
Tomorrow 8c

Posted by SCT80 > 2019-07-10 21:23 | Report Abuse

Any news ? got hope to up

Posted by Patrick13 > 2019-07-11 13:22 | Report Abuse

On prudent basis, I rather wait for coming QR first.

Posted by ranjau > 2019-07-11 14:23 | Report Abuse

52H only 0.325 aiyoooo

Posted by Arpita Roy Kundu > 2019-07-11 14:25 | Report Abuse

Thanks for the info