Bought land to expand another factory! =O But next Quarter result will be bad as well, as July to Aug, under phase 1, they did not get MITI letter to produce.
The downside risk is limited dy. stock price is always forward looking. It has already price in the next qtr. this could be the bottom. Cash on hand 18sen debt equity so low. Involve in solar business. Overall good company
result could have been much better if not for Covid lockdown from 1stJune 2021 to 15August 2021 ..Its PVC production stopped during the lock down period
Considering all factors , it is very much undervalued. I put a trading range 40 to 60. But technically it has to undergo tremendous struggle.It has been sold down non stop
Sold down due to investors expected a loss quarter and it came up a positive quarter surprisingly. Coming quarter result will getting improve since full operation from month of September.
profit recorded more 4 qtrs in row , still going down by 1 cent..aiyoo..rich with cash, so under valued, price valuation is about 90 cents. ....apa mau jadi..
Hi guys. Might I recommend diversifying a bit into crypto. I also got fed up with tekseng, but somehow managed to make up 50% of tekseng losses so far in 8 days on good crypto, still work in progress. But invest safely ya, do research. Can use my referral, I have set to share trading fee rebates to 15% 15%, which is the maximum.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
carimakan
2,493 posts
Posted by carimakan > 2021-08-06 13:25 | Report Abuse
tq for dividen.. tekseng is a long run bussiness