After price increase for Petrol, Gas and Sugar, guess what will be the next one?
Today's news papar:
quote
The federal Cabinet has agreed in principle to a revision of electricity tariff but has not
decided when it should take place, Energy, Green Technology and Water Minister Datuk
Seri Peter Chin Fah Kui said. There were many issues that the government needed to
address before a time could be set for the revision. (StarBiz)
unquote

Seem there is one stock, the price will go up but we don't know when, the stock is TENAGA (RM8.61)
You need to keep for few months until government make the announcement.

Yep , I have to strongly agree with you . Infact , I have already bought TENAGA stocks and I must say it's been going up like crazy the past few weeks/months . I can still see good potential in it .

Any potential upside will be tariff hikes. Other than that, only thing to look forward to is the yield %. Core holding for most unit trusts and mutual funds.

Whenever Tenaga needs to borrow money for expansion, gomen will allow a tariff hike, if not, Tenaga will have to borrow at high interest cost. The additional tariff hike is to generate the no. of times of interest cover to get a reasonable ratings.

Not much oomph in such counters.

Steady with a little bit of kick every now and then.

Can anybody please explain the recent massive drop in tenaga price to
RM6 ++

There dun seem to be a split.

Sorry, stock newbie here.

There's a bonus issue 1 for 4.
20% drop in price from 8xx to 6xx

duplicate threads..... pls use below instead thanks

http://forum.lowyat.net/topic/714846/+140

AmResearch recommend Buy with TP @ 10.45

EX-date 18/12/2013
Entitlement date 20/12/2013
Entitlement time 04:00:00 PM
Entitlement subject Final Dividend
Entitlement description Final single-tier dividend of 15.0 sen per ordinary share for the Financial Year ended 31 August 2013.
Period of interest payment to
Financial Year End 31/08/2013
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no Symphony Share Registrars Sdn. Bhd., Level 6, Symphony House, Pusat Dagangan Dana 1, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor Darul Ehsan.

Tel.: 03-7841 8000
Fax: 03-7841 8151
Payment date 31/12/2013

By AmResearch
Buy (maintained)
Fair value: RM10.45

THE Star reported yesterday that Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili as saying that consumers should brace themselves for a 10%-20% hike in electricity tariffs any time next year.

Based on the current average tariff rate of 33.5 sen per kilowatt hour (kw/h), this could mean that electricity rates could rise to 36.85 sen per kwh to 40.2 sen per kwh.

This rate hike seems to be above our own estimates of an average hike of 8.5%, assuming that the tariff increase is sufficient to offset the cost increase to RM43 per per million British thermal units (mmbtu) (from the current price of RM13.70 per mmbtu) for 250 million standard cu ft per day (mmscfd) of natural gas purchased above 1,000 mmscfd.

In our view, the tariff adjustments may exclude the low-income population while the middle-income group may be less affected than heavy users of electricity such as the industrial and commercial segments.

Currently, the average tariff for industrial users is 32.2 sen per kw/h, while commercial is 42 sen per kw/h and residential is 29.7 sen per kw/h. Hence, the industrial tariff, which was originally set at a lower rate to promote the country’s industrialisation, is already 24% below the commercial segment.

TENAGA Analysis – http://lcchong.wordpress.com/2013/11/30/te...is-30-nov-2013/

Another round of increase in tariff by TNB effective 1/1/2014
Buy TNB share tomorrow

ANNOUNCEMENT ON THE ELECTRICITY TARIFF REVIEW IN PENINSULAR MALAYSIA
http://www.bursamalaysia.com/market/listed...cements/1480085

Electricity bill sure up next month

Electricity tariff review slightly positive for TNB, says RAM

RAM Ratings Services Bhd expects the electricity tariff review to have a slightly positive impact on Tenaga Nasional Bhd (TNB).

In a statement here today, RAM said the rate revision, effective Jan 1, 2014, would amply cover TNB's higher fuel costs and escalating operational expenses.

"We believe the implementation of an imbalance-cost-pass-through mechanism (ICPT), accompanied by the incentive-based regulation (IBR), should help preserve TNB's long-term financial profile.

"This reinforces our expectation of solid and consistent government support for TNB (rated AAA/stable/), given its critical role as national electricity company," it said.

RAM said the ICPT enabled TNB's fuel cost to be reviewed on a regular basis, while the IBR allowed its efficiency to be incorporated into the base tariff.

TNB Flew right off the roof! heading any higher?

Delete

This post has been edited by crow190569: Jan 2 2014, 12:00 PM

Tenaga Q1 earnings up 22.6% to RM1.735bil

Tenaga Nasional Bhd saw its earnings rise 22.6% to RM1.735bil in the first quarter ending Nov 30, 2013, from RM1.416bil in the corresponding quarter last year.

This was from a revenue of RM9.585bil, a 5% improvement from the same period the year before,

The company’s profit before tax, however, went down 20% to RM1.603bil from RM2.003bil.

Earnings per share were 30.74 sen – up 5.03 sen previously. Tenaga did not declare any dividend at the time of writing.

According to Tenaga, the quarter recorded sales of electricity of RM9.0775bil against RM8.8062bil previously.

“The improvement was mainly from sales of electricity in the Peninsula and Sabah, which recorded an increase of 3.3% and 1.6% respectively. The units sold also registered a growth of 2.6% in the Peninsula and 1.4% in Sabah as compared to the corresponding quarter,” it said.

Tenaga said operating profit in the quarter was 13.4% lower at RM1.5229bil from RM1.7578bil due to higher operating expenses incurred during the quarter, but that the higher earnings was due to “significant movement in taxation, being the result of reinvestment allowance incentive of RM201.7mil and the reversal of deferred taxation of RM188.7mil to reflect the change in the taxation rate from 25% to 24%.

I regret la didn't buy TENAGA shares last year...

then this year was about to buy at RM 11.16.

now already RM 11.80. Still worth buying?

it's near 5year high, not worth to "chase" it now

Tariff hike to keep Tenaga 'out of the red', says CEO

Tenaga Nasional Bhd (TNB) will have a stable performance this year as the electricity tariff hike is expected to keep the state-controlled utility "out of the red", CEO Datuk Seri Azman Mohd said.

Azman said the tariff hike took into account fuel and energy cost.

“We are not worse off with the new tariff,” he told reporters after TNB's Chinese New Year charity lunch today.

Also present was TNB director Datuk Chung Hon Cheong who highlighted that only 18% of proceeds from the tariff go to the firm. The balance is funnelled back to the government, Chung said.

TNB reviews its electricity rates every three years. The previous review was in 2011.

Today, Azman said TNB's decision to raise electricty rates would depend on the fuel cost which was governed by global market prices.

but then, any good stock should increase over the years right??

if next year, it became 6 year high, I regret even more.