Posted by Genesis4 > 2020-06-11 11:46 | Report Abuse

I am still holding since 2016. Even to solar business fail i still holding it.

Posted by bluetear > 2020-06-11 11:50 | Report Abuse

you are not alone. Consider Royalty Members =P

Posted by Genesis4 > 2020-06-11 11:54 | Report Abuse

I am not share expert but looking these round something is brewing. It brew in silent where to trade volume is too huge for ordinary invester to bough such volume. Will sell once i breakeven.

Posted by Joseph2020 > 2020-06-11 17:38 | Report Abuse

Why retail investors always lose money, revealing how the market maker is sitting on the bank!

Stock speculation conforms to the 28th law. Most retail investors enter the market with good wishes, but in the end they lose money. So why do retail investors always lose money? In addition to the lack of retail investors' ability to trade stocks, the market maker is also a factor that cannot be ignored. Here is how the market maker is sitting on the stock market! The dealer, now also known as the main force, controls a large amount of funds, and the process of trading is generally to first raise funds from the low position, collect the chips of the retail customers, and then raise it when the time is ripe. If someone robs him, or Someone eats too many chips at once in the process of pulling up, so the dealer will definitely get rid of it. Generally, stocks are in line with the 28th law. Most retail investors enter the market with good wishes, but they finally lose the bottom. Skyward. So why do retail investors always lose money? In addition to the lack of retail investors' ability to trade stocks, the market maker is also a factor that cannot be ignored. Here is how the market maker is sitting on the stock market!

The dealer, now also known as the main force, controls a large amount of funds, and the process of trading is generally to first raise funds from the low position, collect the chips of the retail customers, and then raise it when the time is ripe. If someone robs him, or Someone ate too many chips at once in the process of pulling up, then the dealer will definitely get rid of it, usually by suppressing the stock price, otherwise the dealer will take the opportunity to escape after the stock price is raised later, and the dealer still runs No, this kind of thing is definitely not allowed by the dealer.

When the banker operates a stock, the mining, suppression, promotion and spread of the subject matter of the stock are planned and organized. There are five main strategies for dealers to trade:

First, the dealer's timing strategy: stock selection is not as good as timing, timing is the most important, especially for the dealer. Because of their huge funds, they often choose to buy when the public is the most pessimistic and least optimistic, and to ship when the public is the most fanatical and irrational. This is both labor-saving and profitable.

Second, the banker's stock selection strategy: the banker mainly chooses stocks with high growth and price below value, and of course sometimes selects some oversold stocks for short-term speculation. Most bookmakers can easily know which stocks may perform well and which stocks have good themes, so bookmakers can often rush to open positions in front of retail investors, and then cooperate with the news to increase shipments.

Third, the banker's high strategy: when the stock market has been up for a period of time and has risen by no less than 30%, most investors are enthusiastic, and the banker will choose to lose pounds or kill it across the board at this time, if the policy has a cooling requirement That's even more so.

Fourth, the market maker's low strategy: When the stock market has fallen for a period of time and the decline is deeper, and most investor sentiment is extremely pessimistic, the market maker will quietly buy stocks, especially those stocks that stop after accelerating the decline And some high-performance stocks with substantial performance support, they are the first choice for the banker to build positions on a large scale.

Fifth, the banker's hotspot transformation and sector linkage strategy: in order to obtain higher profits, the banker sometimes uses the strategy of stock speculation and hotspot transformation to increase the utilization of funds, reduce the cost of holding positions, and make It can achieve the highest profit. Such as speculation of index stocks after the high-level exit, speculation of second-tier stocks, speculation of second-tier stocks and speculation of third-tier stocks, or speculation in a while, high-tech speculation, or high-performance speculation. Falseness, truthfulness and falsehood make it impossible for retail investors to discern the true main direction of the banker in order to achieve long-term profitability.

The above is why retail investors always lose money, but the dealer can continue to harvest leeks. It is difficult for ordinary people to seize the opportunity when the dealer is trading, and investment is actually human nature. People are averse to losses. In the stock market's sharp decline and rise, many people may be affected by unsteady will and pessimism. Reasonable judgment.

Posted by ruby828 > 2020-06-12 12:48 | Report Abuse

before reach 65 sen...sudah down...:P

Posted by mrpencil > 2020-06-12 17:21 | Report Abuse

tenang can't you see the qr... haha buckle up... we are going to mars ^-^

Posted by mosame > 2020-06-12 18:52 | Report Abuse

869% up. Wow

Posted by 2cents22cents > 2020-06-12 19:24 | Report Abuse

good

Posted by mcchicken32 > 2020-06-12 20:24 | Report Abuse

think market expected the fantastic results already, still got upside meh?

Posted by thinking > 2020-06-12 20:44 | Report Abuse

no wonder share price up so much past few weeks

Posted by bluetear > 2020-06-12 22:10 | Report Abuse

got fundamental support.

Cash and bank balances stronger than borrowings.

Prospects : The Board of Directors foresees the performance of the Group for 2020 to ===>remain stable <=== for its PVC business ( PVC Sheeting, PP Non-Woven, PP Transparent and Translucent Sheet, PVC Leather )

===>remain stable <=== mean using golden rule, 1.29sen x 4Q = RM 0.052

P/e = RM0.60/0.052 = 11.5

Plastic packaging company like Scientx Scgm TGuan Daiboci all doing well giving optimistic prospects to plastic sector?

Posted by Primeinvestor > 2020-06-12 22:58 | Report Abuse

Tekseng one month march sell non woven for mask with such results, q2 will fly

Posted by KSL5242 > 2020-06-12 23:48 | Report Abuse

Q2 report seems interesting as 2 core business starting generate income

Posted by youngmaninvesting > 2020-06-13 10:49 | Report Abuse

https://klse.i3investor.com/blogs/youngmaninvesting/2020-06-13-story-h1508760040.jsp

Posted by youngmaninvesting > 2020-06-13 10:51 | Report Abuse

yes, solar impairment almost done and starts to contribute profit.
non woven and pvc segment getting higher revenue. with strong demand of medical items in the market, expecting better qr ahead!

Posted by Genesis4 > 2020-06-13 11:04 | Report Abuse

Anyone still holding these share and not dispose yet? Sighted in the report it mention allocate 20m for non woven investment. Anyone read that?

Posted by youngmaninvesting > 2020-06-13 11:39 | Report Abuse

management didnt state clearly, perhaps that for adding new production line?

Posted by kenshinq > 2020-06-13 22:25 | Report Abuse

Hey peeps, cn i know roughly what is the target price for tekseng, any ideas, lol?

Posted by bfg9000 > 2020-06-14 13:36 | Report Abuse

Just wait for the healthcare craze to catch up. It's gonna go crazy when the fomo momo retail catches this counter can be considered healthcare. It will stop rising when you see like 50+ messages here a day or more

Posted by youngmaninvesting > 2020-06-14 15:36 | Report Abuse

Based on chart, if able to break 645 and stay above, can challenge 70

Posted by mcchicken32 > 2020-06-14 15:41 | Report Abuse

anyone thinks it can break rm1? previous high 1.40

Posted by Ahairytrader > 2020-06-14 17:28 | Report Abuse

Based on all the information we have now, and after accounting for the excellent Q1 report, 60sen shall be the low we'll see for a very long time. I'm looking at a conservative TP of RM1.40-1.50 after thorough research the past 2 nights on the company and the industry. Will try to do up a detailed post on my rationale by tonight for everyone's reference.

Posted by Ahairytrader > 2020-06-14 21:43 | Report Abuse

Please refer to below my blog post with analysis and rationale of my TP. Hope it helps some of you make an informed decision. Cheers!

https://klse.i3investor.com/blogs/ahairytraderblog/2020-06-14-story-h1508786110-TEK_SENG_7200_Sell_on_News_or_Limit_Up.jsp

Posted by misk_72 > 2020-06-14 23:02 | Report Abuse

https://koonyewyin.com/2020/06/14/demand-for-gloves-exceeds-supply/.............get ready buy & take profit

Posted by 2225566 > 2020-06-15 08:54 | Report Abuse

2nd Qtr result will be even greater as they have started the full capacity production.
Harvest time .....

Posted by Ahairytrader > 2020-06-15 09:03 | Report Abuse

Thank you sellers! Got it cheap at 0.61!!

Posted by JPMStreet > 2020-06-15 09:45 | Report Abuse

Tek tek tek, off off off

Posted by Jacky88 > 2020-06-15 10:45 | Report Abuse

waiting to fly

Posted by Kelvin9988 > 2020-06-15 11:08 | Report Abuse

Run

Posted by Kelvin9988 > 2020-06-15 11:09 | Report Abuse

becareful in goreng counter
b4 that goreng too high

Posted by Kelvin9988 > 2020-06-15 11:10 | Report Abuse

index go very down
becareful

Posted by Jacky88 > 2020-06-15 11:35 | Report Abuse

We but when people scared :)

Posted by Kelvin9988 > 2020-06-15 11:35 | Report Abuse

run fast

Posted by Kelvin9988 > 2020-06-15 11:35 | Report Abuse

ur ass gonna burn

Posted by Jacky88 > 2020-06-15 11:36 | Report Abuse

Fundamental and technical is good

Posted by thinking > 2020-06-15 12:46 | Report Abuse

good result out, then price drop....sweat...

Posted by kyosan > 2020-06-15 12:51 | Report Abuse

why drop? those enter 13-16 sen ,profit taking liao , on prospect mgt not even mention their subsidiary benefit due to covid-19.. they hide that thing,..its only mean.. stingy mgt...tekseng boss not even buy up.. mean only external force will decide the price up n down..

Posted by Jacky88 > 2020-06-15 13:52 | Report Abuse

Adding more buy at cheaper price

Posted by Ahairytrader > 2020-06-15 13:57 | Report Abuse

It’s important to understand our investment timeframe before panic buying or selling. It is unfortunate for those who bought above 0.60 this morning including myself since the price now is significantly cheaper. But we need to understand that short term price fluctuations are caused by many factors like market sentiment which is out of our control and it does not change the fundamental growth prospects of the company in the medium/long term.

Different ppl have different entry point and timeframes. It would be understandable for a swing trader who bought at 0.30 to sell at 0.6 with a 100% profit or a contra player who sell even at a loss as market sentiment and momentum turns weak. So if we’re clear about our objective of investing in the company’s business prospects in the medium term, we’ll then be free from the emotions attached, and not be reactive to the price movements. Instead, if we have a clear understanding of the company’s business and valuation, we can exploit the irrational price swings to maximize our profit. Let’s not be fearful when nothing really changes, and let time do the talking. Good luck guys!

Posted by Jacky88 > 2020-06-15 14:02 | Report Abuse

Thanks ahairytrader for the explanation.

Posted by nickthebest > 2020-06-15 14:04 | Report Abuse

See it drop below RM0.50 if you're lucky. See Dow futures how much it has dropped. Do not mislead people lol. Don't believe what I say see the price end of this week.

Posted by 2225566 > 2020-06-15 14:17 | Report Abuse

The PPE business only start from Mid Mar, so 2nd Qtr result will show Covid-19 "impact".
Good to see ppl selling today ... lol ...

Posted by Jacky88 > 2020-06-15 14:38 | Report Abuse

drop so low crazy

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

Write article already straight drop like no tomorrow lol. See its already 0.50

Posted by EquityWalla > 2020-06-15 15:53 | Report Abuse

the market is just reacting to the news of Covid Second Wave and US stock market, (it's a REACTION) and generally retail players will run for their lives, when movement goes down. all counters with/without strong fundamentals are affected, but it's better to ride this temporary storm than start selling ... because the sun will come out again soon :)

Posted by gelong > 2020-06-15 15:55 | Report Abuse

Teksengkek

Posted by dompeilee > 2020-06-15 16:15 | Report Abuse

Managed to escape from TekSeng after averaging down in 2017 & 2018 for the dividends....ran @ 59.4c average...Sayonara! =)

Posted by kelvin61 > 2020-06-15 20:20 | Report Abuse

@ Ahairytrader. Good coverage and analysis of the business. Tekseng is a well managed family run business. Got into trouble when venturing into the solar business. This appears to be behind them now with factory rented out and close to RM120+ million provided for impairment the last 2 years. The Manager owner outfit are hands on. Agree with Ahairytrader of the TP of RM1.45 - 1.50. That's conservative if the present craze on gloves and health related counters are being rated. It's a steal at the closing price of 51 sen premised on the recovery of its business and prospects. Happy trading and good luck to all who owns Tekseng, cheers.

Posted by kenshinq > 2020-06-15 21:05 | Report Abuse

damn, when i buckled up my seat awaiting to fly to mars, but i drown deep in the ocean. TT

Posted by mf > 2020-06-15 21:06 |

Post removed.Why?