Posted by Stockwiser > 2020-06-15 23:08 | Report Abuse

@2225566,hope ur infor is correct...

Posted by Kelvin9988 > 2020-06-15 23:19 | Report Abuse

2morrow up 0.090？

Posted by Stockwiser > 2020-06-15 23:25 | Report Abuse

@kelvin9988, I tot u said run?

Posted by Kelvin9988 > 2020-06-15 23:49 | Report Abuse

ya run half
but down j still down
not so good for tommorow

Posted by arbitrage > 2020-06-16 01:50 | Report Abuse

Next is XDL, good luck

Posted by gelong > 2020-06-16 07:32 | Report Abuse

Chanteek, blew chip

Posted by 2225566 > 2020-06-16 08:59 | Report Abuse

Time will tell whether my info is correct or not .. ^_<

Posted by Jacky88 > 2020-06-16 09:16 | Report Abuse

Hold it for midterm or long term no emotion.

Posted by EquityWalla > 2020-06-16 09:25 | Report Abuse

1Q20 is a turnaround quarter for Tek Seng.

The previous quarter was dragged by the huge impairment coming from Solar segment but in this quarterly report, there is no longer Solar contribution. Drilling deeper into PVC segmental results, the segment actually grew by 169%!

Besides PVC, they have this PP Non-Woven Fabric that supplies to the medical segment (surgical gowns, scrubs). Tek Seng will benefit from Covid-19.

www.tekseng.com.my/pp-non-woven-fabric' target='_blank'>http://www.tekseng.com.my/pp-non-woven-fabric

www.tekseng.com.my (www.tekseng.com.my/pp-non-woven-fabric' target='_blank'>http://www.tekseng.com.my/pp-non-woven-fabric)
PP NON-WOVEN FABRIC | Tek Seng Holdings Bhd
TS Solartech is dedicated to the research, development, and production of high-quality solar cells, modules, and PV systems.

Posted by Stockwiser > 2020-06-16 10:11 | Report Abuse

@2225566, my feeling tell me, I can trust you.

Posted by Jacky88 > 2020-06-16 11:07 | Report Abuse

stockwiser haha

Posted by Jacky88 > 2020-06-16 11:07 | Report Abuse

Personally i wont sell until it reaches Rm1

Posted by Steve88 > 2020-06-16 13:42 | Report Abuse

Yeah! Slowly up up up!

Posted by 2225566 > 2020-06-16 13:58 | Report Abuse

@stockwiser. :-)
Let's hope the share price follow it's financial results.
Cheers ..

Posted by 2225566 > 2020-06-16 14:01 | Report Abuse

PP Non Woven, not only used for PPE gown, but also used for the inner & outer layer of face mask. I shall keep silence from now on.

Posted by bfg9000 > 2020-06-16 15:47 | Report Abuse

The momentum remains intact. Just wait for the day Tekseng goes on the front page. Its coming once the 1st tier healtcare/COVID play have run up (gloves) and people search for laggards

Posted by nickthebest > 2020-06-16 15:47 | Report Abuse

Tekseng you need tongkat Ali

Posted by KuoPee28 > 2020-06-16 17:16 | Report Abuse

TekSeng ...

Yaaaam Seng :)

Posted by Jacky88 > 2020-06-17 10:43 | Report Abuse

steady

Posted by Jacky88 > 2020-06-18 17:12 | Report Abuse

Close higher today, expect to go up tomorrow

Posted by nickthebest > 2020-06-19 10:02 | Report Abuse

Tek Seng you're so good sold all my units liao easy money

Posted by KuoPee28 > 2020-06-19 10:03 | Report Abuse

Tek Seng is a Hidden Dragon

with all the potential of a TopGlove . its product plays a big role in PPE supplies during this dire Covid times. slowly but surely its credentials will unfold soon ... to reveal its true market worth

Posted by nickthebest > 2020-06-19 10:08 | Report Abuse

Fundamental is important now current condition can't hold too long else you'll get stucked and money can't make money. The only way is to buy cheap and sell at around 10%

Posted by KuoPee28 > 2020-06-20 19:32 | Report Abuse

" Due to resilient demand, the average selling price (ASP) of PPE non-woven fabric increased substantially ( close to 300% in April and May ), and we are looking at 200% from June - August. "

Net Profit margin has doubled to 15% , from 6-8% prior Covid-19 pandemic .

Loh Eng Chun ,
Executive Director of Tek Seng Berhad
The Egde Malaysia 20th. June 2020

Posted by KuoPee28 > 2020-06-20 19:41 | Report Abuse

... do not go to the toilet, please return to your seats immediately, fasten your seatbelts and kindly switch off all electronic device.

... Tek Seng is about to take off

Posted by M16s > 2020-06-20 21:40 | Report Abuse

@kuopee28, link of the news please

Posted by Ahairytrader > 2020-06-21 15:11 | Report Abuse

I don't think there is an online link to the article, you may need to get your hand on the physical or digital copy of the latest issue of TheEdge Weekly for it. Key points are:
1) Higher than normal net profit margin expected for Q2 and Q3 at least (contributed by the higher ASP of PP non-woven fabric especially in April and May).
2) Their PP non-woven segment currently going at full capacity but expecting to double their capacity sometime in Q3 this year (contribution comes earlier than what I previously expected)
3) PP non-woven segment contributed 30% of revenue in Q1 and expected to be about 70% for Q2. From this new information, we're able to know exactly the sales for this segment in Q1 and better estimate for the rest of the year.
4) He confirms my previous assumption of a dividend payout this year given the good performance.
5) Currently, majority of sales for this PP non-woven segment are for the domestic market and their customers are the medical and mask players, although they have started to sell to North America and Europe too.

Based on the new information provided in the interview, it seems FY2020 will indeed be a bumper year for them and my previous estimate were indeed far too conservative. Assuming the information to be accurate, we can now assume EPS for FY2020 to hit 12sen, and they will most likely distribute 3.5sen dividend for the year in my opinion. At last closing price of 0.59 on 19 June 2020, it is trading at less than 5x FY20 earnings and potentially about 6% dividend yield. So go figure out your own TP from here :)

Posted by stockraider > 2020-06-21 16:24 | Report Abuse

At this price i think fair & reasonable loh...!!

Posted by Ahairytrader > Jun 21, 2020 3:11 PM | Report Abuse

I don't think there is an online link to the article, you may need to get your hand on the physical or digital copy of the latest issue of TheEdge Weekly for it. Key points are:
1) Higher than normal net profit margin expected for Q2 and Q3 at least (contributed by the higher ASP of PP non-woven fabric especially in April and May).
2) Their PP non-woven segment currently going at full capacity but expecting to double their capacity sometime in Q3 this year (contribution comes earlier than what I previously expected)
3) PP non-woven segment contributed 30% of revenue in Q1 and expected to be about 70% for Q2. From this new information, we're able to know exactly the sales for this segment in Q1 and better estimate for the rest of the year.
4) He confirms my previous assumption of a dividend payout this year given the good performance.
5) Currently, majority of sales for this PP non-woven segment are for the domestic market and their customers are the medical and mask players, although they have started to sell to North America and Europe too.

Based on the new information provided in the interview, it seems FY2020 will indeed be a bumper year for them and my previous estimate were indeed far too conservative. Assuming the information to be accurate, we can now assume EPS for FY2020 to hit 12sen, and they will most likely distribute 3.5sen dividend for the year in my opinion. At last closing price of 0.59 on 19 June 2020, it is trading at less than 5x FY20 earnings and potentially about 6% dividend yield. So go figure out your own TP from here :)

Posted by kenshinq > 2020-06-21 20:30 | Report Abuse

But but, i waited so long also no show...

Posted by KuoPee28 > 2020-06-22 07:57 | Report Abuse

@M16s ... sorry for the late response

Ahairytrader is right:
I don't think there is an online link to the article, you may need to get your hands on the physical or digital copy of the latest issue of TheEdge Weekly for it.

Posted by liong5651 > 2020-06-25 11:59 | Report Abuse

But TheEdge Weekly still cant find the article

Posted by KuoPee28 > 2020-06-18 08:00 | Report Abuse

@liong5651 ... in the main section on Page 27

Posted by Twinklehahaha > 2020-06-22 10:29 | Report Abuse

What is the target price?

Posted by Jacky88 > 2020-06-22 14:06 | Report Abuse

1.40 cents my target price

Posted by Octopus > 2020-06-22 16:23 | Report Abuse

finally...

Posted by youngmaninvesting > 2020-06-22 17:23 | Report Abuse

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

Posted by kenshinq > 2020-06-22 19:40 | Report Abuse

cmon tek seng, u cn do better than this

Posted by sokowanda > 2020-06-23 10:04 | Report Abuse

go lower, grab lower. Follow Boss grab lower! Forever works like charmed!

Posted by KuoPee28 > 2020-06-23 10:32 | Report Abuse

enjoy your ride guys, it should be smooth sailing ( ... if no turbulence from MeiGuo )

Posted by air01557 > 2020-06-23 16:19 | Report Abuse

Ah Seng about to take off ... Golden cross sighted with OBV indicating Uptrend

Posted by Stockwiser > 2020-06-23 16:58 | Report Abuse

Big volume today, but price cannot push up. Bkful of tomorrow.

Posted by kenshinq > 2020-06-29 20:23 | Report Abuse

any idea tis counter cn go how much higher? TP?

Posted by vivoviva > 2020-07-01 00:50 | Report Abuse

was told Short Term 0.85 and Long Term 1.10 to 1.20 range

Posted by mcchicken32 > 2020-07-01 11:31 | Report Abuse

vivoviva, who told you?

Posted by MaYun > 2020-07-01 12:23 | Report Abuse

这粒股从低谷一毛左右涨至现在的6毛左右已经很不错了，再涨是需要时间的。之前有很多套牢的大夹蟹也需要出来解解闷气啊！

Posted by vivoviva > 2020-07-01 16:10 | Report Abuse

QR will be good because they finally make profit and no longer have losses anymore.

Posted by Stockwiser > 2020-07-02 00:15 | Report Abuse

'' Our buyers are mainly medical and mask players and almost all local mask players are our clients now.''

Read 3 more times about this statement. It is a golden hints

Posted by singkalin > 2020-07-02 08:24 | Report Abuse

Why Madam Loh dispose her share. ??

Posted by simple123 > 2020-07-02 09:00 | Report Abuse

yalor, doesn't make much sense to dispose own shares if price is going up?

Posted by vivoviva > 2020-07-02 10:14 | Report Abuse

To lock in her profit and also make sure the company and directors meet the public spread shareholding? so what determine you guys buy and sell share? see director transactions? if director buy u buy? hahaha