I think I read somewhere where if the Government were to reduce tariffs all tenaga as to do is pass back to consumers by charging more for commercial areas or corporate companies. all in all they aren't stupid to let the politicians fuck them over because the politicians themselves have their crummy hands in Malaysian companies.

Tenaga down to 13.4 today. how low can it go? it will breach its support line at 13

today up liao
13.660

Wonder what is the outlook now. Good for long term?

Shit drop do much! Just bought few weeks ago and already lose money. Is it gone case this company?

The price drop is due to institutional dumping, not fundamental.
In fact, I able to see your comment, you able to read mine, it was because of TNB working properly.

Fundamental still intact?

Start to accumulate. Bot some yesterday at RM11. 82. Closed at RM11. 80.

Trump n PH don't disappoint me.. 🙏

GG 11.26

Tenaga. how to gone case? every month also we pay $ to TNB...

This post has been edited by elea88: May 27 2019, 05:08 PM

Wow big drop today. I bought some at 11.28

From peak just before GE at RM16. 34, that's about at 30% drop so far No wonder KLCI so suck. PH gomen needs to think of more concrete measures for stock market n not just lip service.

Pity.

Monopoly already still can't up.

Target 10.00 buy in la if like that.

TP how much?

I think one of the reason it's that it's not longer going to be a monopoly, they are opening up the energy sector. Plus their foreign investments are not doing very well

Check out last week's Edge magazine . Quite a good interview with the new CEO

I didn't buy last issue.

I tot the renewable energy is under them?

Unless there's another company supply electric to end consumer.. Tenaga not gone case.

Not gone case but maybe market thinks they deserve a lower multiple.

Just in
Tenaga 1Q net profit at 1.59b versus 2.12b a year earlier

Yeah. Some thinks it's overpriced. And needed serious corrections like now...
Personally I feels around 9+ is the value buy...

Results not too bad, which is a relief. It's much better than last few quarters. Not as good as 1Q last year though, in terms of profit but still higher record revenue. The price action last few months makes ppl wonder if the terrible result for last quarter will be repeated but so far Overall look stable.

Hope new CEO can exceed last year profits and dividends.

PH gomen always want to show hero n intervene. U think rakya willt appreciate? Nope..

https://www.thestar.com.my/news/nation/2019...ctricity-bills/

But if stock price fall > index fall > epf, kwap, asb, khazanah, TH returns fall > u will get more blamed for mismanaging the economy.. N u will deserve that blame!

fuhh now the price hike due to meter technical problem...

gg.....