Posted by Value_Investor_888 > 2020-09-12 23:06 | Report Abuse

Face mask & PPE demand lifts TekSeng fortunes.
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Q1 FY2020 EPS: 1.29 sen (net profit margin 8.9%)
Q2 FY2020 EPS: 1.82 sen (Net profit margin 15.8%)
Q3 FY2020 EPS: Forecast 20% increase of net profit => 2.3 sen
Q4 FY2020 EPS: Forecast 100% increase of net profit after double it production capacity: 4.6 sen

Thus, full year EPS forecast to be 10 sen

With PE of 10, TekSeng worth: RM1.00
With PE of 15, TekSeng worth: RM1.50
With PE of 20, TekSeng worth: RM2.00
With PE of 25, TekSeng worth: RM2.50

With current price of 0.665 after deep correction as ppl sold whatever they have last week with fear of market collaspse or whatever reasons, the value of TekSeng now emerge, this look like a big frog jump on the street!!

Posted by ChefSaham > 2020-09-13 21:23 | Report Abuse

tekseng to the least worth rm1

Posted by ChefSaham > 2020-09-13 21:24 | Report Abuse

mask is here to stay which will postitively impact tekseng financials for at least 2-3 years

Posted by tonypang01 > 2020-09-13 21:28 | Report Abuse

Based on FA Forward PE small liner usually unable to command higher PE vs Big cap blue-chip, be realistic. Earning need to grow with Div

Posted by damianwayne > 2020-09-14 09:36 | Report Abuse

Medical theme this week? Top gainer mostly consist of glove counter. Today tekseng volume seems nice

Posted by crawler > 2020-09-14 11:34 | Report Abuse

the unpolish gem

Posted by crawler > 2020-09-14 11:40 | Report Abuse

tekseng do not manufacture mask! they serve all the mask manufacturer providing raw material for them to produce mask and other PPE like protective gown. They are not only serving one mask maker but all mask makes globally...

Posted by crawler > 2020-09-14 11:46 | Report Abuse

more mask maker jump into this business, more money for tekseng

Posted by NathanScott > 2020-09-14 12:45 | Report Abuse

Exactly @crawler. More Businesses venture into PPE means more profit for TS. So it’s very undervalued now. 2 cents thoughts. But I’m sure it worth more than ocncash.

Posted by Stockwiser > 2020-09-14 14:17 | Report Abuse

Seem like the momentum not strong enuf.

Posted by crawler > 2020-09-14 15:36 | Report Abuse

collection time it will slowly edge up and KABOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM

Posted by crawler > 2020-09-14 15:38 | Report Abuse

number of stocks traded is not high that suggests that if it is being push, it will skyrocket

Posted by Suve Tha > 2020-09-14 16:04 | Report Abuse

Will l get old waiting for this one to move up

Posted by Stockwiser > 2020-09-14 16:05 | Report Abuse

I wonder why when it drop, it drop more than notion. When it up, it up lower than notion. In fact, profit making company is tek seng. Any sifu know why?

Posted by crawler > 2020-09-14 16:14 | Report Abuse

how to compare bro? is not even apple to apple comparison because both are in different industy segment

Posted by NathanScott > 2020-09-14 16:17 | Report Abuse

TS = HLT (Raw Material)
Notion / OcnCash = Comfort & etc (Glove Counter)

Posted by crawler > 2020-09-14 16:31 | Report Abuse

notion core business is not even glove

Posted by damianwayne > 2020-09-14 16:32 | Report Abuse

Problem with ppl now is they invest now and expect to gain in the next few days. Hello Bill Gate, Warren Buffet etc also wait few years to accumulate their wealth. If a company is good, it eventually will go up. But some how i feel weird coz Tekseng is already an established company doing this raw mat and has existing and even increasing customers share price cant even beat Notion which just start doing face mask.

Posted by crawler > 2020-09-14 16:45 | Report Abuse

tekseng did not purposely venture into this, they are already doing this. It is a windfall to them and what they are doing now is expanding the capacity. So they are not new in the business. Furthermore they produce raw materials not end products

Posted by crawler > 2020-09-14 16:48 | Report Abuse

so get your facts right. Those newbies who just jump into the mask or glove business are those that you need to avoid, the lead time to build up the manufacturing and certification will take them some time before they can even compete

Posted by crawler > 2020-09-14 16:50 | Report Abuse

the other beauty fact of tekseng is that they may start paying dividend again next quarter

Posted by crawler > 2020-09-14 16:56 | Report Abuse

another fact is I believe the market for mask is bigger than the glove. Do you see people wearing mask and glove in hospital? yes. Do you see people wearing mask and glove in public? mask only right...The material they supplied not only use to produce mask but other PPE... you do your maths.

Posted by NathanScott > 2020-09-14 17:02 | Report Abuse

I think with all your sayings, tomorrow TS stands a chance for limit up

Posted by crawler > 2020-09-14 17:04 | Report Abuse

limit up or not I don't know. This is for sure a hidden gem...it will move up regardless if syndicate goreng or not

Posted by CAF-POW > 2020-09-14 17:18 | Report Abuse

Targetting PE15 is undemanding for the counter!

Posted by ForceBWithU > 2020-09-14 17:37 | Report Abuse

@crawler Totally in sync with your views. TS has taken a price bashing the last few weeks but regardless its fundamentals is intact as we await QR3 results in around end October. TS will shine if it improves on QR2 results by a commendable %.

Posted by crawler > 2020-09-15 10:00 | Report Abuse

there is no need to guess. Their production is booked up just like glove production line are booked up and if you place order today only next year you get your order. That is why ASP is moving up every month

Posted by NathanScott > 2020-09-15 11:04 | Report Abuse

@crawler how do you know?

Posted by mewmew > 2020-09-15 11:08 | Report Abuse

price not moving up ... sad sad

Posted by crawler > 2020-09-15 12:00 | Report Abuse

it was published in theedgemarkets when the release the quarterly result.. management guidance

Posted by crawler > 2020-09-15 12:01 | Report Abuse

it is public news

Posted by crawler > 2020-09-15 12:01 | Report Abuse

just people like to misinterpret that TS is a mask company and giving the wrong perception

Posted by Stockwiser > 2020-09-15 12:38 | Report Abuse

@crawler, r u sure tekseng production is booked up just like glove counter?

Posted by Stockwiser > 2020-09-15 12:38 | Report Abuse

Mind to share?

Posted by NathanScott > 2020-09-15 12:50 | Report Abuse

With that, Tek Seng, which has been running at full capacity of 300 tonnes per month, will double its production capacity when new machinery comes on stream in 3Q.

Posted by damianwayne > 2020-09-15 15:44 | Report Abuse

https://www.theedgemarkets.com/article/face-mask-and-ppe-demand-lifts-tek-sengs-fortunes

In case you guys needed the source.

Posted by Stockwiser > 2020-09-15 16:28 | Report Abuse

Seem lack of momentum, guys, are u still strong believe in this counter??

Posted by Underhand > 2020-09-15 22:30 | Report Abuse

Like to do intraday trading

Posted by Stock Geeks > 2020-09-16 07:30 | Report Abuse

Malaysia facemask has better quality than PRC, but market is flooded with cheap facemask.

Posted by crawler > 2020-09-16 09:44 | Report Abuse

cheap face mask or expensive face mask, they buy the same materials from TS...this is the beauty of TS

Posted by NathanScott > 2020-09-16 22:01 | Report Abuse

https://www.theedgemarkets.com/article/mco-may-have-be-reimposed-if-covid19-cases-rise-sharply-%E2%80%94-muhyiddin?type=malaysia

Thus, Muhyiddin reminded Malaysians to remain vigilant and not become complacent with regard to the rules related to quarantine and **wearing of face masks** and compliance with SOPs which are still in force to check the spread of Covid-19.

Posted by NathanScott > 2020-09-16 22:04 | Report Abuse

More business for TS.

Posted by NathanScott > 2020-09-16 22:04 | Report Abuse

https://www.theedgemarkets.com/article/mco-may-have-be-reimposed-if-covid19-cases-rise-sharply-%E2%80%94-muhyiddin?type=malaysia

Thus, Muhyiddin reminded Malaysians to remain vigilant and not become complacent with regard to the rules related to quarantine and **wearing of face masks** and compliance with SOPs which are still in force to check the spread of Covid-19.

Posted by Up_again > 2020-09-17 01:07 | Report Abuse

https://www.nst.com.my/news/nation/2020/09/625017/ministry-warns-against-buying-cheap-face-masks

Posted by crawler > 2020-09-17 10:11 | Report Abuse

mask will stay for long even the pandemic subside...even with the vaccine...mask will stay as norm

Posted by Stockwiser > 2020-09-17 11:31 | Report Abuse

@crawler, we shout for a period d. But the price, is still crawling backwards. Haha

Posted by warmplayer > 2020-09-17 13:46 | Report Abuse

Top glove had reported RM 1.32b net profit.
How about this low profile TS?

Posted by crawler > 2020-09-17 17:44 | Report Abuse

financial number do not lie..you can see for yourself when they release the next quarter

Posted by NathanScott > 2020-09-18 00:03 | Report Abuse

Don’t see tomorrow’s market, it will be bad.

Posted by Stockwiser > 2020-09-18 10:21 | Report Abuse

??? No ar, is green. Very bad??