Posted by skykai > 2020-06-03 13:37 | Report Abuse

yes!!

Posted by Twinklehahaha > 2020-06-04 09:45 | Report Abuse

What is tekseng target price

Posted by martinking > 2020-06-04 09:48 | Report Abuse

tp1.0 should be no problem

Posted by Su Jackie > 2020-06-04 09:48 | Report Abuse

I expect the quarterly report to be very good for the fact that there would not be any impairment cost to write down anymore. For the past quarters ... the losses had been due to significant write downs as a result of serious impairment costs. My opinion is that there is room for Tekseng to move towards 60 c in the near future before the quarter result.

Posted by Twinklehahaha > 2020-06-04 09:49 | Report Abuse

Tq....hold tight tight

Posted by Su Jackie > 2020-06-04 09:49 | Report Abuse

Today ... already 51.5 c..... going for 52 c

Posted by Su Jackie > 2020-06-04 09:49 | Report Abuse

Now 52 ccc

Posted by Su Jackie > 2020-06-04 09:51 | Report Abuse

52.5 c.. going .. going...

Posted by Su Jackie > 2020-06-04 09:53 | Report Abuse

Tekseng's turn to shine

Posted by volks2 > 2020-06-04 14:50 | Report Abuse

0.55 now...ppl realized it also benefit from Covid-19...ole ole ole.

Posted by Su Jackie > 2020-06-04 14:53 | Report Abuse

The steam is coming.

Posted by Su Jackie > 2020-06-04 14:55 | Report Abuse

Large volume and touch high 55 c.... won't surprise 60 c reached by end of day...up and down so can start collecting to make 10 % at least...

Posted by bfg9000 > 2020-06-04 15:30 | Report Abuse

For those who think this is a COVID-19 counter, please think again. I've covered this counter since the solar days (which ended badly. the -WA was a good buy when mom was RM1 plus and the conversion is only 0.25c. During expiry not may people bothered anymore as the price was around 25c. So, 22% of the warrants lapse without conversion and the people holding it burnt)

Posted by bfg9000 > 2020-06-04 15:32 | Report Abuse

Last time they report PP-NonWoven (that is the stuff you make facemask from) as a separate segment, it was not big at all. Revenue breakdown as below

PVC Sheeting 29,912 90.2%
PP Non Woven (potentially COVID-19 related) 2,347 7.1%
PVC Leather 920 2.8%

This maybe more of a turnaround story. Fundamental PVC business was ok, it has been dragged down by the solar segment unwinding for years - way longer than I thought.

Posted by bfg9000 > 2020-06-04 15:33 | Report Abuse

Edit: Source - Financial Report Q4 2017. From Q1 2018 PP Non Woven is bundled together with the other PVS stuff so you can't see it separately anymore, just PVC and Solar segments

Posted by Su Jackie > 2020-06-04 15:40 | Report Abuse

Closing to 57 c next

Posted by Su Jackie > 2020-06-04 15:41 | Report Abuse

57.5 c...going 60 c

Posted by Su Jackie > 2020-06-04 15:42 | Report Abuse

58 c.... very strong

Posted by Squirtle > 2020-06-04 15:57 | Report Abuse

If Muhyiddin is say go
Tek Seng is go
Kekekeke

Posted by Sahampower > 2020-06-04 16:19 | Report Abuse

TOMORROW 0.60...

Posted by DatoKembara > 2020-06-04 16:24 | Report Abuse

yes Tomorrow 0.60 GAP UP.

Posted by Sahampower > 2020-06-04 16:44 | Report Abuse

WOW...ALREADY TOUCH 6 KUPANG

Posted by vivoviva > 2020-06-04 16:47 | Report Abuse

TP RM1.0 by next week. tak tahu betul ka. i just listen.

Note: Not buy/sell call, but your own call.

Posted by volks2 > 2020-06-04 16:52 | Report Abuse

it looks good.

Posted by Su Jackie > 2020-06-04 16:58 | Report Abuse

The result is expected to be very good .... it is better for managment to delay the announcement .. so that more time may be given to those who missed out purchasing earlier to collect some to make some pocket money...Good luck ...

Posted by bfg9000 > 2020-06-04 17:27 | Report Abuse

Any idea what is driving the results? One off item or sustainable change?

Posted by liang408 > 2020-06-04 20:50 | Report Abuse

Road to RM1

Posted by ml2020 > 2020-06-04 20:58 | Report Abuse

Ocncash would be a better choice than this if you're looking for non-woven felt suppliers used directly for covid-19 measures. For TekSeng the % of core business serving the medical industry is extremely low, someone may correct me im wrong.

Posted by ml2020 > 2020-06-04 20:59 | Report Abuse

*if i'm wrong.

Posted by skykai > 2020-06-04 21:33 | Report Abuse

yea..u r right..u should buy ocncash

Posted by Su Jackie > 2020-06-05 08:25 | Report Abuse

Another exciting day starts in 40 minutes... aiming for 70 c today ..for every one sen rise on 60 c is 1.7 % rise. Why keep cash in banks ?

Posted by Su Jackie > 2020-06-05 08:57 | Report Abuse

For the year ended 31.12.18...the impairment cost on property, plant and equipment alone was RM76.71 million which contributed to the significant loss. Then for financial year 2019 .. the impairment loss is RM44.131 million.. All in .. these 2 years the Company wiped off RM120 million in the profit and loss account. I take this as the Company has cleaned up the previous failed solar business and the 2020 year will be a year of success .. and first Quarter will turn around without any impairment loss. This is reflected in the current uptrend of its share price. So Tekseng is likened the rise of ashes to Phoenix.... Good luck

Posted by Su Jackie > 2020-06-05 10:04 | Report Abuse

Any price below 60 c is a good pick. .. this is just a short break before it starts trending above 60 c.

Posted by Su Jackie > 2020-06-05 10:09 | Report Abuse

59.5 c shares all snapped up....

Posted by Su Jackie > 2020-06-05 10:16 | Report Abuse

Big volume picking above 60 c.... show starts ,,,...

Posted by bfg9000 > 2020-06-05 11:05 | Report Abuse

Su Jackie is in accounting line? I was surprised at how long they take to impair the solar business, rather than do it one shot, throw everything in and then clean up the balance sheet

Posted by volks2 > 2020-06-05 11:17 | Report Abuse

touched 62.5 just now..thinking it will go further in afternoon.

Posted by thinking > 2020-06-05 12:39 | Report Abuse

wow, yesterday volume was crazy!!! all shareholders must be over the moon now....so crazy

Posted by ruby828 > 2020-06-05 13:15 | Report Abuse

Can reach rm1? I doubt it....

Posted by kenshinq > 2020-06-05 14:51 | Report Abuse

waiting for the good news...

Posted by hunterz86 > 2020-06-06 15:21 | Report Abuse

888

Posted by kenshinq > 2020-06-09 16:21 | Report Abuse

Can I continue to top up now, worth the investment a? Will it continue to rise, no matter what also, the new normal, PPE still needed in any procedures.

Posted by Maclee > 2020-06-10 15:59 | Report Abuse

Tekseng turns bullish

High 0.645
Low 0.585
Volume 15,251,200
Volume (B/S) 173,000 / 273,600
Price Bid/Ask 0.635 / 0.640

52w 0.115 - 0.625
ROE -8.35
P/E -14
EPS -4.51
DPS 0
DY 0.00%

NTA 0.5400
PTBV 1.18
RPS 47.86
PSR 1

Posted by JPMStreet > 2020-06-10 17:08 | Report Abuse

Hope you all got your passport ready because it is time to fly !

Posted by JPMStreet > 2020-06-10 17:09 | Report Abuse

Con lan chat gao fim will hit 1.20 in 2 days !

Posted by kenshinq > 2020-06-10 19:50 | Report Abuse

Hai until ah ma also cant recognized izit?

Posted by skykai > 2020-06-10 20:10 | Report Abuse

if the coming qr result is good..i cant imagine how high can it be when the nex qr announce which cover the peak of mco period

Posted by thinking > 2020-06-10 22:11 | Report Abuse

really wonder who is buying this stock....angle from turning around? covid PPE? share price did so well recently

Posted by bringyouflyyy > 2020-06-10 22:44 | Report Abuse

anyone knows wat's happening with tekseng? still good time to buy in?

Posted by bluetear > 2020-06-11 11:08 | Report Abuse

anyone still hold this stock since 2016?